IndiGo Crisis: Government Steps In to Enforce Fair Airfares

New Delhi – The Ministry of Civil Aviation has invoked its regulatory powers to ensure fair and reasonable fares on all routes affected by IndiGo’s ongoing operational crisis.

An official directive mandates that all airlines strictly…

RBI Cuts India’s Inflation Forecast to 2% for 2025–26

Mumbai- The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday sharply reduced its inflation forecast for the financial year 2025–26 to **2%**, down from **2.6%** projected in October. The revision comes amid a steep…

IndiGo CEO Acknowledges Service Failures, Says Restoring On-Time Performance ‘A Tough Challenge’

New Delhi- IndiGo CEO Pieter Elbers on Thursday acknowledged that the airline is facing serious operational disruptions, saying that while stabilising services and improving punctuality is the top priority, achieving it “is not an easy target”.

Domestic Investors Pump $81.3 Billion Into Indian Markets in 2025 So Far

Mumbai- Domestic institutional investors (DIIs) have injected $81.3 billion into Indian equities in 2025 so far, surpassing the total inflows recorded in all of 2024, even as foreign institutional investors (FIIs) pulled out $16.2 billion, according…

India’s Rising Incomes Make Home Buying More Affordable: Report

New Delhi: Rapid growth in household incomes has significantly improved home affordability in India over the past 15 years, with the country’s price-to-income ratio falling sharply from 88.5 in 2010 to 45.3 in 2025, according to a new report…

No Proposal for Merger or Disinvestment of Public Sector Banks: Government

New Delhi: The government currently has no proposal under consideration for the merger or disinvestment of public sector banks (PSBs), Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha on Tuesday.

Responding to a question…

India’s Defence Tech Market Expected to Reach $19 Billion by 2030

New Delhi: India’s defence technology market—currently valued at $7.6 billion in 2025—is set to expand to $19 billion by 2030, growing at nearly 20 per cent CAGR, according to a report released on Tuesday.

Technology-driven…

India Records Fastest Growth in Six Quarters Despite US Tariff Pressures: Report

New Delhi: India’s economy grew by 8.2 per cent in the July–September quarter, marking the fastest expansion in six quarters, even as steep US tariffs posed challenges. According to a report by India Narrative, the strong performance…

Industrial Growth Slows to 0.4% in Festive October

New Delhi: India’s industrial production growth dropped sharply to 0.4 per cent in October, a slowdown the Ministry of Statistics attributed to fewer working days amid major festivals such as Dussehra, Diwali, and Chhath.

Industrial growth,…

India’s Manufacturing PMI Grows Above Trend Despite Impact of US Tariffs

New Delhi: India’s manufacturing sector continued to show strong performance in November, with both new orders and production expanding at above-trend levels, according to the HSBC India Manufacturing Purchasing Managers’ Index (PMI) released…