Business

New Delhi: The Directorate General of Civil Aviation (DGCA) Friday eased some pilot duty rules with immediate effect after low-cost airline IndiGo was hit by a massive staff crunch, resulting in the cancellation of several flights across the country. To control the spiralling crisis, the...

New Delhi: Airfares on several major routes surged to extraordinary levels on Friday after IndiGo cancelled all its domestic departures from Delhi Airport until midnight. The sudden grounding created an immediate shortage of seats, triggering a sharp rise in last-minute ticket prices across the country....

New Delhi: The massive disruption caused by IndiGo’s cancellation of nearly 500 flights reverberated in Parliament Friday, with opposition members accusing the airline of “monopolistic practices” and the “government of regulatory laxity”. Congress MP Pramod Tiwari raised the issue during Zero Hour in the Rajya...

Mumbai: The RBI’s monetary policy committee (MPC) Friday slashed its forecast for India’s inflation rate for the financial year 2025-26 to 2 per cent -- from 2.6 per cent predicted in October due to the sharp decline in food prices and the GST rate cuts...

Mumbai: The Reserve Bank of India (RBI) Friday raised its GDP growth forecast of the Indian economy to a robust 7.3 per cent for 2025-26 from 6.8 per cent earlier, on the back of an improved outlook driven by strong agricultural prospects, GST rate cuts...

Mumbai: RBI Governor Sanjay Malhotra announced Friday that the monetary policy committee (MPC) meeting had unanimously decided to reduce the repo rate by 25 basis points to 5.25 per cent from 5.5 per cent earlier to spur growth in the economy. The RBI Governor also...

New Delhi: A team of officials from the US is expected to visit India next week for talks on the proposed bilateral trade agreement, sources said Thursday. The visit is crucial as India and the US are working to finalise the first tranche of the...

New Delhi: India and the Netherlands held the 13th Foreign Office Consultations in New Delhi Thursday, discussing ways to further strengthen the partnership in sectors such as critical technologies and innovation, including semiconductors and AI, science and technology, green hydrogen and shipping, defence and security,...

New Delhi: Commerce and Industry Minister Piyush Goyal Thursday said India and Russia must work together to bring greater diversity and balance to their trade basket as he highlighted the huge opportunity in the bilateral economic partnership. In his address at the India-Russia Business Forum...

New Delhi: Aviation watchdog DGCA Wednesday said it is investigating IndiGo flight disruptions, and has asked the airline to submit the reasons for the current situation as well as the plans to reduce flight cancellations and delays. The country's largest airline, IndiGo, Wednesday cancelled more...