IndiGo Crisis: DGCA Slept, CCI Silent on Woes
The DGCA and CCI failed to act during IndiGo's recent crisis, raising questions about regulatory oversight in India's aviation sector as the airline faced operational and financial challenges.
Category : Business
Bank Holiday on January 15: State-Wise Closures
Banks in Maharashtra, Karnataka, Tamil Nadu, and other states will remain closed on January 15, 2026, due to various regional festivals and elections. Plan your financial transactions accordingly.
Chandigarh Airport Fog Crisis Exposes Landing System Gaps
Dense fog at Chandigarh airport reveals infrastructure limitations, causing mass flight cancellations and delays. Upgrades planned but experts warn of partial solutions.
Indian JV Makes Second Oil Discovery in Abu Dhabi Block
Urja Bharat, an IOC-BPCL joint venture, announces a second oil find in Abu Dhabi's Onshore Block 1, marking progress in India's energy self-sufficiency drive.
India-West Flights Delayed as Airlines Avoid Iran, Iraq Airspace
Airlines reroute flights, causing cancellations and longer travel times between India and the West due to airspace closures over Iran and Iraq amid regional tensions.
GMADA Cuts Charges to Rs 2,216/sq m for Mohali Plots
GMADA issues fresh demand notices at reduced rate of Rs 2,216 per square metre for sectors 76-80 in Mohali, ending decade-long dispute after Cabinet approval.
RBI Sets New Rules for Bank Internal Ombudsman
The Reserve Bank of India has introduced fresh guidelines for the internal ombudsman mechanism in banks. These rules aim to enhance customer grievance redressal and ensure fair practices.
CII Flags Rajasthan Policy Hurdles to Investment
CII warns Rajasthan's $350 billion economy target by 2030 faces risk from restrictive policies, weak enforcement, and bureaucratic delays affecting MSMEs and industries.
ICICI Pru AMC Q3 Profit Jumps 45% to Rs 248 Crore
ICICI Prudential Asset Management Company reports a strong 45% year-on-year increase in net profit for Q3 FY25, reaching Rs 248 crore, driven by robust growth in assets under management.
Groww to Sell 23% Stake in Asset Management Arm
Groww, the popular investment platform, plans to sell a 23% stake in its asset management subsidiary to raise capital for expansion and new initiatives.
Wholesale Inflation Hits 0.8% in December, Expected to Rise
India's wholesale price index inflation turned positive at 0.8% in December, up from -0.3% in November. Experts predict it could cross 1% in coming months, driven by manufacturing and food prices.
Rajasthan to Showcase Battery Storage at Renewable Expo
Rajasthan prepares to present its Pugal Solar Park with 6,400 MWh battery storage to top solar CEOs at Bharat Renewable Expo, highlighting investment opportunities.
Constro 2026 Pune Exhibition Concludes Successfully
The four-day Constro 2026 international construction exhibition concluded in Pune, highlighting safety, technology, and sustainability with over 400 exhibitors.
Auto Parts Industry May Slow in H2, Pins Hopes on Trade Deals
ACMA President Vikrampati Singhania says India's auto component industry may face a slowdown in the second half, but trade deals with EU, UK, and New Zealand could help diversify exports.
Stock Markets Closed Thursday for Maharashtra Elections
Indian stock exchanges NSE and BSE remain closed on Thursday due to municipal elections in Maharashtra. Commodity markets will operate on a limited schedule. Trading resumes Friday.
Gold, Silver Rates: MCX Hits Record Highs, Global Prices Fall
MCX gold and silver prices soared to record levels on Wednesday, while international markets saw a pullback as investors took profits and US policy news influenced sentiment.
FIR Against Bank Staff for Rs 58 Crore Forest Corp Fraud
An FIR has been registered against unknown employees of a nationalised bank's Sadar branch in Lucknow for allegedly diverting Rs 58 crore of Uttar Pradesh Forest Corporation funds using a fake fixed deposit receipt.
RIIL Q3 FY26 profit up 9.9% YoY to Rs 3.01 crore
Reliance Industrial Infrastructure Ltd reports a 9.9% year-on-year rise in net profit for Q3 FY26, reaching Rs 3.01 crore. The company's financial performance shows steady growth.
Stock Markets Closed for Maharashtra Civic Polls, Resume Friday
Indian stock exchanges, including BSE and NSE, are closed today due to Maharashtra civic polls. Normal trading activities will resume on Friday, as per official announcements.
Industry Demands Customs Overhaul in Pre-Budget Memo
FICCI and tax experts urge government to address customs litigation, expand advance ruling benches, and digitalize processes in Union Budget 2026-27 to support manufacturing and exports.
Rs 21.47 Crore Bank Fraud in UP Cooperative Bank Branch
A major financial fraud involving Rs 21.47 crore has been exposed at the Gonda branch of UP State Cooperative Bank. An FIR names 16 individuals, including former managers, for illegal loan disbursements and fund diversion.
Stock Markets Closed for Maharashtra Elections
The National Stock Exchange and Bombay Stock Exchange remain closed today due to Maharashtra municipal elections. Trading activities will resume tomorrow.
YEIDA to Pitch Japanese City Plan to Investors in Delhi
Yamuna Authority officials will present the blueprint for a dedicated Japanese City in Sector 5A to Japanese company representatives, highlighting investment opportunities in AI, semiconductors, and green energy.
Infosys Under US DoJ Investigation for H-1B Visa Issues
The US Department of Justice is investigating Infosys over how it classified certain H-1B visa employees in immigration documents. The company faces potential penalties, recalling past settlements.
Infosys Outperforms TCS, Ups Revenue Guidance
Infosys shares surged 8% on NYSE after reporting better-than-expected sales and upgrading its FY26 revenue growth forecast to 3%-3.5%, driven by large deal wins.
Gurgaon RERA Approves Rs 86,588 Crore Projects in 2025
Gurgaon's property market surged in 2025 as RERA approved 131 projects worth Rs 86,588 crore, including 35,455 units, with residential and commercial developments driving growth.
Metal Prices Hit All-Time Highs on Global Tensions, Demand
Gold, silver, copper, and tin prices reach unprecedented levels globally and in India due to geopolitical risks, US rate cut expectations, and strong industrial demand from EVs and solar sectors.
Budget 2026 Expectations: FM Sitharaman's Historic Sunday
Finance Minister Nirmala Sitharaman prepares to present her ninth consecutive Budget on February 1, 2026. This historic Sunday presentation marks India's 88th Budget since independence.
Startups Cut IPO Valuations as Market Volatility Hits
Indian startups like Shadowfax and Amagi Media Labs are readjusting their IPO valuations and issue sizes due to market volatility, geopolitical tensions, and foreign fund selling.
Maharashtra Tops NITI Aayog Export Index, Uttarakhand Leads Small States
Maharashtra emerged as the top performer among large states in NITI Aayog's Export Preparedness Index 2024, with Uttarakhand leading among small states and UTs.
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