Russia's Sberbank Calls for Indian Migrant Workers
As Putin visits India, Sberbank urges mass labour migration from India to fill a 3 million worker gap. Trade shifts beyond oil to IT, pharma, and machinery. Read more.
Category : Business
OTP Tatkal System Extended to 4 More Trains from Ahmedabad
Western Railway expands OTP-based tatkal booking to four major trains, including the Swarn Jayanti Rajdhani, to curb fraud. New system starts Friday. Read details.
Amit Shah Launches Ahmedabad Shopping Festival 2025-26
Union Home Minister Amit Shah presided over multiple events in Ahmedabad & Gandhinagar, launching the Ahmedabad Shopping Festival 2025-26 and inaugurating key infrastructure projects. Explore the details.
IndiGo Seeks FDTL Exemption, Targets Feb 10 for Normal Ops
IndiGo informs DGCA of flight operation cuts from Dec 8, seeks temporary relief from new pilot duty norms. Airline admits misjudging crew needs, faces MoCA displeasure. Full stability expected by February 10.
RBI repeals decade-old rules to curb bank lending concentration
The RBI has revoked its 2016 framework that pushed large borrowers to debt markets. The move is expected to boost corporate bank credit by ₹3-4.5 trillion. Read the full analysis.
Bihar Power Firm Holds Open House for Industrial Consumers
BSPHCL held an open house meeting in Patna to address electricity issues of HT & LTIS consumers. Officials promised timely resolution of grievances related to supply, billing & infrastructure.
ESL Steel, IOCL Sign PNG Supply Deal for Bokaro Plant
ESL Steel Limited inks pact with Indian Oil for Piped Natural Gas supply to its Bokaro steel plant, marking a major shift towards cleaner fuel and sustainable operations. Read more.
European Firms Seek Karnataka Skilled Talent
Major European companies, including automaker Stellantis, are actively recruiting skilled workers from Karnataka. Ministers Patil and Sudhakar explored job opportunities in Slovakia ahead of the 2026 Bangalore Job Fair.
Bharat Taxi: New Cooperative Ride-Hailing App Launches in Delhi
Bharat Taxi, a new cooperative ride-hailing app backed by major cooperatives like Amul and IFFCO, begins pilot in Delhi. With over 51,000 drivers, it offers a zero-commission model. Read more about this alternative to Ola and Uber.
17 Lakh Silver Articles Get HUID Hallmark in Three Months
India hallmarks over 1.7 million silver articles with HUID in Q1, a major step to ensure purity and curb fake certification. Read the full report.
17.35 Lakh Silver Jewellery Items Hallmarked with HUID
India's hallmarking system takes a major leap as over 17.35 lakh silver jewellery items are now registered with HUID, ensuring purity and combating fraud. Discover the impact.
Saudi Arabia Slashes Oil Price to Asia to 5-Year Low
Saudi Arabia cuts January 2026 crude oil price to Asia to a five-year low as OPEC+ raises output and supply surplus looms. Details on market impact and Chinese demand.
IndiGo Misjudged New Pilot Rules, 200 Flights Cancelled Daily
IndiGo admits to DGCA it misjudged new pilot duty norms, causing 200 daily cancellations. CEO calls it biggest operational challenge. Full recovery targeted by Feb 2026.
Naidu to IndiGo: Fix flight disruptions, stop fare hikes
Civil Aviation Minister K Rammohan Naidu directs IndiGo to urgently restore normal operations and ensure no airfare spike. Over 550 flights cancelled on Thursday. DGCA steps up monitoring.
Ultraviolette Secures $45M in Series E Funding Round
Bengaluru's Ultraviolette raises $45 million from Zoho and Lingotto to boost production of its F77 and X-47 electric bikes and expand to 100 Indian cities by 2026. Read more.
BPS-2025 in Vijayawada Sees Poor Response from Property Owners
Vijayawada's Building Penalisation Scheme 2025 sees weak response with only 160 applications. Officials target 700 unauthorised structures for revenue. Read more on the regularisation drive.
Finternet, India's Next Big DPI, Launching Next Year
Finternet, India's next major digital public infrastructure, will debut in capital markets in 2025. Backed by Nandan Nilekani, it aims to unify tokenised assets globally. Read more.
DRI: Crypto Used in Smuggling, Needs Stronger Regulation
DRI's 2024-25 report reveals a sharp rise in using crypto like USDT for smuggling & money laundering. It demands global cooperation & advanced tools to curb misuse. Read more.
IndiGo to Reduce Flights from Dec 8 Amid Major Disruptions
IndiGo admits planning failures, will cut flights from December 8 after widespread cancellations. Ministry expresses displeasure. Details on the operational crisis inside.
IndiGo Cuts Flights After Major Disruptions, DGCA Steps In
IndiGo faces massive flight cancellations, admits misjudgment in crew scheduling norms. CEO apologises, regulator DGCA orders strict monitoring. Full normalcy expected by Feb 2026.
US Lifts Some Lukoil Restrictions, India's Russian Oil Imports Dip
The US has granted a temporary exemption for Lukoil-branded fuel stations outside Russia until April 2026. This move comes as Indian refiners cut purchases of sanctioned Russian crude, with imports expected to plummet.
VinFast doubles India investment to Rs 9,000 crore
VinFast doubles its investment in India to $1 billion, expanding its Tamil Nadu plant to manufacture electric buses and scooters, boosting local jobs and green mobility.
Brigade Acquires Prime Hyderabad Land for ₹477 Crore
Brigade Enterprises expands in Hyderabad, acquiring 4.04 acres in Neopolis Phase 3 for ₹118 crore per acre. The deal strengthens its strategic focus on the city's high-growth corridor.
Indigo Expects Stable Flight Ops by Feb 10, 2025
IndiGo anticipates full restoration of stable flight operations by February 10, 2025, following recent disruptions. The airline is actively managing crew schedules and fleet to minimize passenger impact.
RBI's New Rules for Foreign Bank Exposures
RBI mandates stricter exposure caps for foreign banks' overseas branches, effective April 2026. New rules aim to curb concentration risk and align with global standards. Read the full details.
Health Insurance Now Consumption-First: Policybazaar Report
A new report reveals India's health insurance shift towards real-time use policies. Maternity cover adoption soars 150-180%, OPD sees 40% utilisation. Discover the new trends.
ISMA Pushes for Ethanol Exports Citing Surplus Capacity
India achieves 20% ethanol blending in petrol. ISMA now advocates for exports and a 30% blending target. Explore the industry's push for new markets.
Railway Projects Accelerated in Chhattisgarh's Ambikapur Region
Centre fast-tracks new railway lines in Ambikapur, Chhattisgarh. Track commissioning surged 15 times post-2014. Get the latest updates on connectivity projects.
Australia's Minerals Key to India's Manufacturing: Hill
Australia's vast lithium, copper, nickel, and cobalt reserves are fueling India's renewable energy and clean mobility goals. Bilateral trade has doubled in five years, with new agreements on the horizon.
IndiGo flight delays, cancellations cause nationwide chaos
IndiGo passengers face major disruptions as flights are delayed or cancelled across India. The airline apologises, citing a 'significantly disrupted' network. Details on affected routes from Chandigarh.
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