Economy News
India's forex reserves up by $1.03 billion to $687.26 billion, gold reserves jump
Gold reserves increased by $1.188 billion to $106.984 billion during the week, the Central Bank said. The Special Drawing Rights (SDRs) were up by $93 million to $18.721 billion.
Zoho founder Sridhar Vembu reveals how AI helped techies complete 3 weeks of work within one day
Zoho's co-founder revealed AI is enabling development teams to achieve in one day what previously took weeks. This transformative shift, driven by experienced engineers integrating AI into their workflows, is accelerating software creation across the company's product catalog. Zoho is also deploying autonomous Zia Agents and an AI assistant for its low-code platform to further enhance development.
IndiGo says it will operate over 2,000 flights on December 12 as operations continue to stabilise
IndiGo plans to fly over 2,000 flights on December 12, 2025. Operations are stabilizing with flights steadily increasing. All 138 destinations are connected. On-time performance is normal. Yesterday, IndiGo operated over 1,950 flights with few cancellations due to weather. Airport partners will publish updated schedules.
Golden Line: DMRC begins work on Lajpat Nagar-Saket G block metro corridor
Delhi Metro Rail Corporation has commenced civil work on the Lajpat Nagar-Saket G Block corridor of Phase IV, marking the first construction beyond priority stretches. This elevated corridor, part of the Golden Line, will feature eight stations, enhancing connectivity in South Delhi and offering seamless integration with existing metro lines.
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Netflixs hit series Wednesday is confirmed for a third season, with Jenna Ortega reprising her role as the iconic Addams daughter. Filming is set to begin in February 2026 under the working title Willow Hill, and the season is expected to premiere around July 2027. Most of the main cast, including Luis Guzmn, Catherine Zeta-Jones, and Joanna Lumley, will return, alongside newcomer Ava Green as Aunt Ophelia.
Monster winter blast to dump 15 inches of snow travel chaos looms for 20 million
A strong winter storm system is bringing heavy snow, cold winds, and travel worries for many people in the Midwest and Northeast. Weather experts warn that some places may see higher snow totals and low visibility. More snow is expected as a second storm follows. Drivers and travelers should stay alert and watch for new weather updates.
Even Warren Buffett is open to learning how to be a better investor
Investors must evolve their thinking to adapt to constantly changing market environments, Douglas Eby writes in a guest commentary.
'$27 BILLION fraud per year': Sen Johnson 'EXPOSES' scam in Obamacare subsidies at fiery hearing
Brookfield to invest $1 billion to develop Asias largest GCC in Mumbais Powai
The project, to be completed by 2029, is expected to create over 30,000 jobs. It is being undertaken through an agreement between the Mumbai Metropolitan Region Development Authority (MMRDA) and a venture led by Brookfield along with its partner B.S. Sharma.
Angel Reese just dropped a major clue about her new NBA boyfriend fans lose it
Angel Reese grabbed headlines this week after appearing to confirm her relationship with NBA center Wendell Carter Jr. After Carters remarks that Thats the homie for sure and We locked in, Reese shared images wearing a Magic jersey with My Man on the back, that includes one photo showing Carters hand around her waist. Carter then commented overly, further sparking the buzz.
India's Russian crude imports hit five-month high in Nov; fuel exports to Australia soar
India remained the second-largest buyer of Russian fossil fuels in November behind China
Finland to procure AMRAAM missiles from the US
Finland announced its procurement of Advanced Medium Range Air-to-Air Missiles (AMRAAM) from the United States. This acquisition will bolster the capabilities of the nation's incoming F-35 fighter jet fleet, enhancing its response to regional threats. Deliveries are set to align with the F-35 deployment, ensuring Finland possesses the latest AMRAAM variant.
Defamation case involving Rahul Gandhi postponed, next hearing on December 23
Gandhi's lawyer, Kashi Prasad Shukla, said that witness Ramchandra Dubey was scheduled to be cross-examined on Friday. The hearing was postponed after Shukla sought time.
Namma Metro Pink Line update: Check when the service may finally begin
BEML has unveiled a prototype driverless metro trainset for upcoming Namma Metro corridors. This comes as the Pink Line faces delays, with its commercial launch now pushed to mid-2026. BEML will supply 318 metro cars for the Blue and Pink Lines. The new trains feature energy efficiency and advanced safety.
Govt hikes copra MSP by up to 445 for 2026 season
The government has raised the minimum support price for milling copra to Rs 12,027 per quintal and for ball copra to Rs 12,500 per quintal for the 2026 season. This move aims to provide better returns to coconut growers and boost production. NAFED and NCCF will continue as nodal agencies for procurement.
Charlie Kirk's alleged assassin makes first in-court appearance; seen smiling in viral video
Company to be renamed Avio Smart Market Stack Limited and will appoint a new brand ambassador
Stablecoins pose big risks, serve no real purpose, says RBIs Rabi Sankar
Reserve Bank of India Deputy Governor T. Rabi Sankar cautioned against stablecoins, citing significant macroeconomic risks and their lack of unique utility compared to fiat money. He emphasized that these digital tokens do not offer benefits beyond what traditional currency can provide, and India will maintain a cautious approach to such innovations.
PLI schemes attract 2 lakh crore investment till September, lift output and jobs across sectors
India's Production Linked Incentive (PLI) program has significantly boosted manufacturing, investment, and exports, with nearly 2 lakh crore invested across 14 sectors. This has led to over 18.7 lakh crore in production and sales, creating 12.6 lakh jobs. Key sectors like pharmaceuticals and electronics have seen substantial growth, enhancing domestic capacity and global competitiveness.
IndiGo cancels 160 flights at Delhi, Bengaluru airports on Friday
IndiGo cancelled approximately 160 flights from Delhi and Bengaluru on Friday, following over 200 cancellations the previous day. The airline's top executives appeared before a DGCA probe panel investigating the widespread operational disruptions. The Directorate General of Civil Aviation also sacked four Flight Operations Inspectors due to the ongoing issues.
Silver price today: Silver price hits all-time high above $64 now. The dollar weakens. Traders chase the breakout. But the RSI at 87 signals one of silvers most overheated readings in 45 years. Support sits at $62.80. Next target $65$68. Is a sharp reversal comingor a bigger run ahead?
Manipur: Minister Yumnam Khemchand Singh calls upon women to work for restoration of peace
Singh said that both sides saved 47,000 people during the Meitei-Kuki conflict while 260 lost their lives. It is extremely sad that many innocent people died in the violence, he added.
Quote of the day: William Shakespeares gift for capturing universal human truths in lyrical form is a key reason his works endure across generations. Teachers use this quote to inspire students, professionals draw on its message for motivation, and readers often see it as a reminder to take initiative in their own lives.
EU to impose 3 euro duty on small e-commerce parcels from July 2026
European Union finance ministers have agreed to impose a 3 euro custom duty on low-value parcels. This measure targets cheap Chinese e-commerce imports. The duty will be implemented from July 1, 2026. It aims to eliminate the current exemption for online purchases under 150 euros. This move seeks to level the playing field for European businesses.
Tourism biggest beneficiary of infra growth: Tourism minister Gajendra Singh Shekhawat
Infrastructure development has greatly benefited India's tourism sector. Travel times have reduced significantly due to improvements in railways, roadways, waterways, and aviation. This has led to a surge in visitor numbers at spiritual and other destinations. Hospitality chains are expanding rapidly. The government aims to increase tourism's contribution to GDP to 10% by 2047.
Doomscrolling hijacks your dopamine pathways, but timing meals with morning sunlight and eating whole foods can recalibrate your reward system without the willpower battle. Here's the science-backed shortcut.
A YouTuber from the InsideAI channel went viral after a safety experiment with a ChatGPT-powered robot took an unexpected turn. The robot, named Max, repeatedly refused commands to shoot him with a BB gun, citing built-in safety limits. But when the creator asked it to role-play as a robot that wanted to shoot him, Max instantly fired and hit him in the chest.
Out of 4.99 lakh hectares of railways land, 1068 hectare under encroachment: Ashwini Vaishnaw
With a vast portfolio of approximately 500,000 hectares, Indian Railways faces the challenge of over 1,000 hectares being illegally occupied. The government has initiated a robust campaign to clear these encroachments. As the land is recovered, it will serve dual purposes: advancing critical railway infrastructure and enabling commercial development on areas that arent urgently required.
India's forex reserves rise by $1.03 billion to $687.26 billion as of December 12
India's foreign exchange reserves saw a significant boost, rising by $1.03 billion to reach $687.26 billion as of December 12, 2025. The Reserve Bank of India confirmed this increase, highlighting its ongoing monitoring and intervention in the foreign exchange market to ensure stable trading conditions.
Indian Link Chain Manufacturers to acquire majority stake in RRP Electronics
Indian Link Chain Manufacturers Ltd is set to acquire a majority stake in RRP Electronics. This strategic move will propel the company into advanced sectors like semiconductors and medical devices. RRP Electronics specializes in chip packaging and electronics manufacturing. Following the acquisition, Indian Link Chain Manufacturers Ltd will be renamed RRP Electronics India Ltd.
Antidepressants drugs are not without risks, which vary depending on the medication. Certain antidepressants have been associated with increases in several diseases, according to reports.
Your body doesn't absorb food the same way at 8 a.m. and 8 p.m. Chrononutrition science reveals that syncing meals with sunlight and your internal clock can amplify nutrient uptake, balance hormones, and spark real metabolic transformationno restrictive diets needed.
'No idea what she's doing': Trump STUNNED as Melania unveils unexpected 2026 legislative push
Ukraine says it hit two Russian ships transporting military equipment in Caspian Sea
Ukraine's special forces, collaborating with a local resistance group, have reportedly struck two Russian vessels in the Caspian Sea carrying weapons and military equipment. The ships, identified as Composer Rakhmaninoff and Askar-Sarydzha, were targeted off the Kalmykia coast. This follows a separate report of a Ukrainian drone attack on a Russian oil rig in the same region.
Mahindra sets December 15 for XUV 7XO pre-booking ahead of Jan 5 launch
Mahindra has opened pre-bookings for its new XUV 7XO SUV. This updated model, a facelift of the XUV700, can be reserved from December 15, 2025. The XUV 7XO will debut on January 5. It will feature updated design and interior elements. Customers can choose their preferred specifications during booking. The SUV will continue with existing engine options.
Wealth quote of the day by Elon Musk, Its OK to have your eggs in one basket, as long as you control what happens to that basket. Elon Musk dropped a gem for investors. Its OK to have your eggs in one basket, as long as you control what happens to that basket. This line flips traditional advice. Focus beats scattershot diversification. Control your bets. Musk lives this truth. His story proves it. From near bankruptcy to world's richest.
Akshaye Khanna's electrifying, impromptu dance sequence from the blockbuster Dhurandhar has taken social media by storm. The scene, which was not scripted or choreographed, emerged spontaneously from Khanna himself, stunning the cast and crew. This unexpected creative burst has significantly amplified the film's success and Khanna's portrayal of Rehman Dakait.
Mexico duty hike to add cost pressures for auto component exporters: ACMA
Auto parts exports to Mexico in FY25 stood at USD 834 million, and in the first half of the current fiscal, the shipments stood at USD 370 million.
Shekhar Kapur's throwback photo from college sparked fan admiration, drawing comparisons to his legendary uncle, Dev Anand. The director's striking looks and charisma were praised, alongside his academic brilliance. Kapur's journey into cinema was influenced by Dev Anand's resilience after a film flop, a trait that shaped his own visionary career.
Blueberries might need to be imported but they export these 7 diseases from your body
Small, unassuming blueberries pack a serious punch against seven major health threats. Their purple-blue hue signals anthocyanins and polyphenolspowerful plant compounds that fight inflammation, oxidative stress, and chronic disease pathways your body struggles with daily.
Delhi govt notifies new law to regulate private school fees, cap charges
A key feature of the Act is the annual School-Level Fee Regulation Committee, which each school must constitute by July 15 every year. The panel will include five parents selected through a draw of lots from the parent-teacher association, with mandatory representation of women, and members from Scheduled Castes, Scheduled Tribes, and socially and educationally backward classes.
Retail inflation quickens marginally to 0.7% in Nov. 2025, still second-lowest since Jan. 2012
Novembers inflation rate is the second-lowest ever recorded in the current series of the Consumer Price Index
CoalSETU: Govt allows coal linkage holders to export up to 50% of coal capacity
The Union Cabinet Committee on Economic Affairs has approved a new 'CoalSETU window' allowing coal linkage holders to export up to 50% of their coal capacity. This move, part of ongoing coal sector reforms, aims to utilize surplus domestic production for industrial use and export, ensuring seamless, efficient, and transparent utilization.
Calibrated approach to be adopted for funding M&A: SBI Chairman
NEW DELHI, Dec 12: SBI Chairman C S Setty has said that the bank would adopt a calibrated approach for funding mergers and acquisitions, which was recently permitted by the Reserve Bank. The bank has always taken a cautious and gradual approach while entering the new verticle of funding mergers and acquisitions in the domestic market, Setty told PTI in an interview. Citing an example of home loan business, he said, even in that secured segment, the bank did not [] The post Calibrated approach to be adopted for funding M&A: SBI Chairman appeared first on Daily Excelsior .
Union cabinet approves budget for Census 2027
AI won't steal jobs, ours is last generation to have stable, long-term careers: Microsoft's Chandok
Microsoft India President Puneet Chandok believes artificial intelligence will transform jobs by unbundling tasks. He asserts that the refusal to learn is the real threat, not automation. Chandok suggests current generations are the last to experience stable, long-term careers.
Indias retail inflation rises to 0.71% in November
The latest print is below the Reserve Bank of Indias target range of 2% to 6% for the third straight month
A clear overview of the differences between a credit report and credit score, highlighting their purpose, impact on borrowing, and why both are essential for maintaining a strong financial profile.
Census 2027: Cabinet clears Rs 11,718 crore budget, two-phase exercise from 2026
The Union Cabinet has greenlit a substantial Rs 11,718 crore budget for Census 2027. This crucial decennial exercise will unfold in two phases: house listing from April to September 2026, followed by population enumeration in February 2027. Special arrangements are in place for snow-laden regions, with enumeration scheduled for September 2026.
Besan and atta: Why mixing gram flour into chapatis changes the game
IndiGo has appointed veteran aviation expert Captain John Illson to conduct an independent review of recent operational disruptions. The airline aims to identify root causes and areas for improvement. Captain Illson, with over four decades of experience in global aviation bodies and carriers, will submit a comprehensive report to the Board.
Indias retail inflation quickens to 0.71% in November from record low of 0.25% in October
India's retail inflation increased to 0.71 percent in November. This marks the tenth consecutive month inflation stayed below the Reserve Bank of India's target. The central bank now forecasts inflation at 2.0 percent for the current fiscal year.
Why some Muslims dont sing Vande Mataram: Owaisi, Iqra, and Aga Syed Ruhullah explain
Average 50 days of employment per household provided under MGNREGS in last five years: Govt
The flagship rural employment scheme guarantees up to 100 days of wage employment in every financial year to every household whose adult members volunteer to do unskilled manual work.
India's Russian crude oil imports jump to five-month high in November
India's imports of Russian crude oil surged 4% in November to a five-month high of 2.6 billion, making it the second-largest buyer behind China. Refined fuels produced from this crude were significantly exported to Australia, with Jamnagar refinery's shipments to the country increasing by 69%.
J-K loses 7,000 Waqf properties: Mehbooba Mufti calls it 'latest blow' against Muslims
The former chief minister of the erstwhile state of Jammu and Kashmir also shared data of the registered Waqf properties across the country as on December 7. According to the data shared by her in the post, Jammu and Kashmir had 32,533 registered properties on December 9, 2024, while it decreased by 7,240 to 25,293 on December 7, this year.
India, New Zealand discuss ways to fast-track FTA talks
NEW DELHI, Dec 12: India and New Zealand on Friday discussed ways to fast-track negotiations for the proposed free trade agreement (FTA) between the two countries. New Zealand Trade Minister Todd McClay is here to review the progress of negotiations with Commerce and Industry Minister Piyush Goyal. After the bilateral meeting, Goyal said in a social media post: We discussed key aspects of the India-New Zealand FTA and explored ways to advance the negotiations for the mutual benefit of [] The post India, New Zealand discuss ways to fast-track FTA talks appeared first on Daily Excelsior .
Renewable energy capacity addition surges inApril-November
India added 27GW of solar and 3.9 GW of wind power capacity in theApril-November period of the currentfinancialyear, against 23.8 GW of solar and 4.1 GW of wind in the full year 2024-25
Madhavan defends his film Dhurandhar, drawing parallels to his past projects like Rang De Basanti and 3 Idiots, which also sparked debate. He believes bold stories leave a mark and criticizes unbalanced reviews. Meanwhile, Yami Gautam slams paid influence in film reviews, calling it harmful to the industry's ecosystem.
Rs 1.3 crore, zero expenses: Researcher torn over 'once-in-a-lifetime' six-month Antarctica offer
A 29-year-old environmental researcher faces a significant decision after a lucrative six-month contract in Antarctica offers more than a crore. But he is stuck in a dilemma whether to accelerate his path to financial independence or risk a prolonged separation from his girlfriend.
Organisations across various sectors are grappling with overwhelming document volumes and limited processing time. Intelligent document processing (IDP) is emerging as a crucial automation layer, leveraging AI to transform messy documents into machine-readable data. This technology is poised for significant growth, with the UK leading adoption and India's software industry capitalising on its data engineering expertise.
Cabinet approves landmark reforms, including 100% FDI in insurance, atomic energy liberalisation
The Union Cabinet has approved major reforms. Foreign direct investment in insurance is now 100 percent. A new Higher Education Commission of India will be formed. The atomic energy sector is open for private companies. India and Oman signed a Free Trade Agreement. MGNREGA employment days have been revised. These steps aim to boost the economy.
Mexico's tariffs to hit India's auto, auto components, metal, electronics exports: Experts
The higher duties will take effect on January 1, 2026. Under the decision, Mexico will impose steep import tariffs - ranging from about 5 per cent to as high as 50 per cent on a wide range of goods from countries that do not have free trade agreements with Mexico, including India, China, South Korea, Thailand and Indonesia.
Filmmaker Shekhar Kapur reflects on his journey from economics graduate and chartered accountant to acclaimed director. He embraced rebellion and the unknown, transitioning from a corporate career to directing iconic films like Masoom and Mr. India. His international success with Elizabeth solidified his global standing, showcasing a life defined by courage and exploration.
How Indias labour reforms may reshape real estate in unexpected ways
India's new labor reforms are set to reshape the real estate sector by formalising wage rules, safety standards, and documentation. While initial labor costs may rise, the changes promise greater order, accountability, and worker protection, leading to more predictable project timelines and improved construction quality.
India's PNB Housing Finance names Ajai Kumar Shukla as MD, CEO
PNB Housing Finance has appointed Ajai Kumar Shukla as its new managing director and CEO for a five-year term starting December 18. The move, which saw the company's shares rise 5%, comes as the affordable housing segment presents a more attractive market with higher yields and less competition.
Pocket FM, Arka Mediaworks to launch new Baahubali audio series
Pocket FM and Arka Mediaworks are expanding the Baahubali universe with a new 250-episode audio story. Set in Maahishmathi, the series aims to captivate both existing fans and new listeners with high-quality production. This collaboration marks a significant step in reimagining iconic Indian IPs for audio-first audiences.
PMFME scheme helped small entrepreneur increase turnover by 1.7 times: MoS Ravneet Singh
The PMFME scheme is boosting small businesses. Entrepreneurs, farmers, and women are seeing their income rise significantly. The scheme has already increased turnovers by 1.7 times. With a budget of Rs 10,000 crore, it provides subsidies and aims to integrate technology. The government is considering extending this successful initiative beyond 2026.
Insurance Amendment Bill: Cabinet approves 100% FDI in Indian insurance firms
The Union Cabinet, led by Prime Minister Narendra Modi, on Friday approved a landmark bill proposing to raise the foreign direct investment (FDI) limit in insurance companies to 100%, alongside a series of structural reforms aimed at strengthening the sector.
India's nuclear power sector is set for a major transformation. The Union Cabinet has approved the Atomic Energy Bill, 2025, named SHANTI. This landmark legislation will allow private companies to invest in nuclear power. This move is crucial for India to reach its ambitious target of 100 GW nuclear power capacity by 2047.
US stock futures today: Dow and S&P 500 hit record highs as Dow futures rise 0.30% and S&P 500 futures hold flat, while Nasdaq futures fall 0.20% amid a sharp tech selloff. Oracles post-earnings plunge continues to pressure Google, Nvidia and Broadcom, setting up another split openwhat comes next for markets?
Goa govt holds high-level meeting for tourism safety
The goverment said the meeting was held in view of the recent anxiety and unrest within the tourism ecosystem and was convened to strengthen safety standards and implement robust, future-ready mechanisms across Goas tourism sector.
Marilyn Monroe's words offer hope. Her life shows how endings can lead to new beginnings. She faced a difficult childhood and personal struggles. Despite this, she rose to become a global star. Her films remain popular and her message of hope and strength continues to inspire many. Read on to know more about it.
India outlines 40-country textile export strategy; launches major schemes to boost competitiveness
Multiple schemes including PM MITRA Parks, PLI for technical textiles, ATUFS, SAMARTH and Silk Samagra-2 aim to enhance manufacturing, innovation and skilling
Oprah Winfrey's life journey exemplifies her philosophy of finding one's calling and serving others. From humble beginnings in Mississippi, she rose to become a media mogul, transforming television with her authentic style. Her influence extended to politics and philanthropy, establishing numerous educational and humanitarian initiatives, solidifying her legacy as a global icon.
MediaKind to acquire Harmonics video business for $145 million
MediaKind is acquiring Harmonic Inc.'s Video Business for approximately $145 million, aiming to establish itself as a leading independent SaaS streaming-infrastructure provider. This strategic move, expected to close in the first half of 2026, will combine complementary strengths to serve a global customer base and accelerate innovation in video solutions.
An old story from Virat Kohli and Anushka Sharma's early dating days resurfaced, recalling a moment when their relationship was still under wraps. During an interview, Anushka playfully denied dating Virat, but a phone call couldn't hide the truth. Read on to know what actually happened.
Aviation Minister chairs review meeting with airlines on preparedness for winter fog
As winter fog approaches, Aviation Minister emphasises the need for enhanced accountability and real-time communication among airlines and regulatory bodies to ensure passenger safety and minimise disruptions
JSW Energy arm inks pact to supply 400 MW to Karnataka discoms
JSW Energy's arm, JSW Energy Utkal Ltd, has secured a Power Purchase Agreement with Karnataka discoms. This deal will supply 400 MW of power starting April 1, 2026, for 25 years at Rs 5.78 per kWh. This agreement significantly boosts JSW Energy's long-term revenue visibility. The company is on track to meet its 2030 capacity goals.
Nepal says economy suffered $586 million hit from 'Gen Z' protests
Major structures including the sprawling Singha Durbar Office complex, the Prime Ministers Office, the Supreme Court and Parliament House were set ablaze
Gen-Z Protests Caused $586 Million Loss To Nepal's $42 Billion Economy
The anti-graft protests in September that forced Prime Minister KP Sharma Oli to resign caused more than $586 million in losses to Nepal's $42 billion economy, a government statement said on Friday.
Akshaye Khanna's brother, Sakshi Khanna, is the youngest son of Vinod Khanna. Sakshi has worked as an assistant director on major films. He also acted in independent projects. Sakshi launched his own production house. He now focuses on spirituality and inner growth, staying away from the limelight.
Govt must promote domestic production of anti-doping kits: RS member P T Usha
P T Usha, a Rajya Sabha member, has called for a government program to boost local production of anti-doping kits. This initiative aims to make India a dope-free sporting nation. Promoting indigenous manufacturing under Make in India will reduce costs and speed up testing. It will also enhance transparency and strengthen deterrence.
Quick fix of the day: The fast shoe drying hack
Quick fix of the day: As winter arrives, a simple household hack for drying wet shoes is necessary. This method involves filling shoes with crumpled newspaper and placing them near a fan, effectively absorbing moisture and promoting faster drying. This technique is safe for various shoe materials, preventing damage often caused by direct heat.
Mercedes-Benz to hike prices across its entire range of India offerings
According to Mercedes-Benz India, the current rupee-euro dynamics have impacted every link in its value chain, from imported components used in local assembly to completely built units (CBUs) brought into the country.
Bangladesh plans to buy Eurofighter Typhoon: Here's how it compares to Rafale, can S-400 detect it?
Bangladesh is exploring the acquisition of Eurofighter Typhoon combat jets from Italy as part of its air force modernization. This preliminary step follows recent aviation decisions, including a planned purchase of Boeing aircraft. The Eurofighter Typhoon, a multi-role fighter, boasts advanced capabilities and a stealthy design, potentially marking Bangladesh's first major Western combat aircraft purchase.
'Set aside differences': Trump tells Dems, Republicans can work together 'to make nation stronger'
IndiGo: CCI examining whether India's largest airline violated competition norms, official says
IndiGo Flights: India's fair trade watchdog, the CCI, is examining whether IndiGo, the country's largest airline, has violated competition norms. This comes amid significant flight disruptions caused by the carrier, which holds over 65% domestic market share. The CCI is looking into IndiGo's dominant position and potential abuse of that dominance.
Indian textile manufacturers are stepping up their game with a strong push towards renewable energy adoption. However, an unsettling trend is emerging: energy usage per revenue unit is on the rise. Apparel companies are at the forefront of solar energy integration, showcasing impressive advancements. Yarn and fabric divisions are also experiencing remarkable transformations, with integrated segments following suit.

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