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Business / The Hindu

Centres blunder caused Indigos flight cancellations disaster, says Mamata Banerjee

The Trinamool Congress chairperson said that she will request the Centre to make some plan so that at least half the flights are operational.

8 Dec 2025 10:27 pm
Crypto transactions in India crossed 51,000 crore in 2024-25, tax collection data shows

The Finance Act 2022 had mandated a 1% TDS on any transfer of Virtual Digital Assets (VDAs) or cryptocurrencies

8 Dec 2025 7:56 pm
Seven States contribute more to total taxes than their share in devolutions from the Centre

These figures are of relevance now because the 16th Finance Commission, tasked with deciding the devolution formula for the period 2026-31, last month submitted its recommendations to the government.

8 Dec 2025 7:03 pm
ITR forms under new Income Tax Act to be notified prior to FY28: MoS Pankaj Chaudhary

The new Act will replace the existing Income Tax Act, 1961, and make tax laws simple and reduce wordage in the legislation making it easy to understand

8 Dec 2025 5:23 pm
Rupee falls 14 paise to close at 90.09 against U.S. dollar

On December 5, Reserve Bank Governor Sanjay Malhotra said the central bank does not target any band for the rupee in the forex market and allows the domestic currency to find its own correct level

8 Dec 2025 4:58 pm
Sensex tanks 610 points; Nifty slips below 26k on profit booking, foreign fund outflows

Tech Mahindra, HCL Technologies, Reliance Industries and HDFC Bank were the only gainers

8 Dec 2025 4:43 pm
Not managed or supervised by us: ONGC clarifies on overturnedboat off Gujaratcoast

ONGC stated the personnel onboarded were engaged by Asian Energy Services.

8 Dec 2025 3:32 pm
Supreme Court refuses urgent hearing of plea on IndiGo flight cancellations

The top court said that the Centre has taken note of the situation and has taken steps to address it

8 Dec 2025 12:04 pm
November 2025 auto retail sales rise 2.14% YoY as sales momentum continues

While the 2W segment witnessed marginal decline due to retail shift to October & supply constraints; demand was supported by GST sentiment, EV traction & rural enquiries

8 Dec 2025 11:05 am
Rupee falls 16 paise to 90.11 against U.S. dollar in early trade

Forex traders said strong dollar demand from corporates, importers and foreign portfolio investors pressurised the rupee

8 Dec 2025 10:47 am
Equity markets decline in early trade dragged by services, realty stocks, FII outflows

The 30-share BSE Sensex dropped 316.52 points, or 0.37%, to 85,395.85 in the morning trade. The 50-share NSE Nifty declined by 106.70 points, or 0.41%, to 26,079.75

8 Dec 2025 10:41 am
This is the season for security

Bharat Griha Raksha is an easy to choose policy with reasonably wide coverage. It covers your building, your contents, or both.

8 Dec 2025 6:40 am
Cookie-jar approach to investing

Your risk attitude is not a stable personality trait. This has major impact on how you design investment portfolios. You may be risk-averse when it relates to some goals and risk-seeking toward others.

8 Dec 2025 6:10 am
Freeing TP motor cover rates a collective good

TP motor cover is collective responsibility sustaining public trust in roads, institutions, promise of safety but the system supporting it must be financially healthy and operationally flexible

8 Dec 2025 6:05 am
A black Friday for aviation safety in India

The actions by Indias aviation authorities, on December 5, 2025, favouring a private airline, prove that flight safety is still not a serious issue

8 Dec 2025 12:08 am
DGCA gives IndiGo 24-hour final extension to respond to show-cause notice

IndiGo had sought more time, citing operational constraints arising from the magnitude of disruptions across multiple airports

7 Dec 2025 11:15 pm
Govt denies issuing any advisory to stop clean energy funding

The New And Renewable Energy Ministers letter rattled solar manufacturers in India, with many raising concerns that the move could choke funding for the entire sector

7 Dec 2025 3:10 pm
Rupee hits record low of 90: Calculated move by RBI or a sign of losing control?

As foreign capital flees and imports surge, the RBI abandons its aggressive defense of the currency, betting on a weaker rupee to absorb the shock of U.S. tariffs

7 Dec 2025 7:50 am
DGCA serves showcause notice to IndiGo CEO Pieter Elbers

The CEO has to respond to the showcause notice within 24 hours on why appropriate enforcement action should not be initiated against you, placing him under direct regulatory scrutiny

6 Dec 2025 10:51 pm
Horizon Industrial Parks scales up to become South Indias largest logistics parks developer

Blackstone firm set to scale to 60 million sq. ft portfolio across India of which 24 million sq. ft is spread across Southern States

6 Dec 2025 8:16 pm
Biocon to merge biologics unit; to acquire stake held by Serum, Mylan

Biocon will acquire the remaining stake in Biocon Biologics Limited through a share swap, valuing Biocon Biologics at $5.5 billion

6 Dec 2025 5:38 pm
U.S. team led by deputy USTR Switzer to visit India from December 10-12 to discuss tariffs

The talks are not expected to constitute an official round of negotiations. However, the two sides are looking forward to making strong progress towards addressing the issue of tariffs.

6 Dec 2025 4:27 pm
6 Dec 2025 7:07 am
Gujarat farmer distress: Where cotton clouds hang heavy

Following heavy rainfall in October and the subsequent drop in the price of cotton, six farmers have died by suicide in Gujarat. The Union governments decision to allow duty-free cotton imports has only added to their woes.A.M. Jigeeshreports on how farmers in Gujarats cotton belt are calling for government intervention

6 Dec 2025 5:08 am
IndiGo cancels 1,000 flights, gets exemption on night duty limits for pilots

No flights from Delhi and Chennai airports; CEO says normalcy will take 5-10 days

5 Dec 2025 11:20 pm
FPI redemptions from Indian equities ease asU.S. flows lose steam: Elara

Foreign fund inflow into Indian equities was at a six month high of $414 million as of this week, mostly led by the global interest in emerging economies

5 Dec 2025 8:55 pm
Odisha fast becoming Indias green industrial hub, Deputy CM Kanak Singh Deo

In an interaction with The Hindu, he said that the state was firmly on course to achieve their renewable energy target for 2030

5 Dec 2025 8:50 pm
India, Russia agree to continue working towards enhancing trade in national currencies

The countries reiterated their commitment to meeting the bilateral trade target of $100 billion by 2030, with PM Modi saying it could be achieved earlier.

5 Dec 2025 7:02 pm
NDA govt doubled MSP, quadrupled crop procurement: Shivraj Singh Chouhan in Rajya Sabha

Raising the issue of MSP, Mukul Balkrishna Wasnik, Congress MP from Rajasthan, began the debate questioning whether farmers were protesting for a legal guarantee under MSP, whether the govt was considering any law on this, and whether it was ready to provide such guarantee.

5 Dec 2025 6:08 pm
Stock markets rally as RBI cuts interest rate; Sensex jumps 447 points

Rising for the second day in a row, the 30-share BSE Sensex advanced 447.05 points, or 0.52%, to settle at 85,712.37. During the day, it jumped 531.4 points, or 0.62%, to 85,796.72.

5 Dec 2025 5:13 pm
AAP's Raghav Chadha demands ban on 10-minute delivery services, protection for gig workers

He noted that while quick commerce have helped companies achieve billion-dollar valuations and become unicorns, the condition of gig workers remains worse than that of daily wage labourers

5 Dec 2025 3:15 pm
IndiGo flight cancellations LIVE: Airline offers full waiver on cancellations/reschedule requests up to Dec. 15

IndiGos on-time performance plummeted to 8.5% on Thursday, with worsening operational disruptions impacting flight schedules

5 Dec 2025 2:21 pm
IndiGo's On-Time Performance slumps to 8.5%

The airline which generally operates around 2,300 domestic and international flights daily, is now cancelling flights as part of efforts to tackle disruptions, primarily triggered by crew woes

5 Dec 2025 1:59 pm
RBI to conduct 1 lakh crore OMO during December to inject liquidity

Net absorption under the Liquidity Adjustment Facility stood at 2.6 lakh crore as of December 3

5 Dec 2025 1:07 pm
RBI does not target any band for rupee, allows it to find its own level, says Governor Sanjay Malhotra

The Governor's statement came at a time when the rupee breached the 90-mark against the U.S. dollar, and is hovering near that level

5 Dec 2025 1:05 pm
Why IndiGo has delayed, cancelled hundreds of flights

IndiGo has blamed several factors for the mass delays and cancellations

5 Dec 2025 12:37 pm
Rupee rises 20 paise to 89.69 against U.S. dollar

Selling pressure from foreign investors, rising crude oil prices and the delay over the announcement of the India-U.S. trade deal have also weighed on the rupee

5 Dec 2025 10:18 am
ED attaches fresh assets worth over 1,100 crore in case against Anil Ambanis Reliance Group

This brings the total attachment in money laundering probe case to about 10,000 crore

5 Dec 2025 10:18 am
MPC cuts repo rate by 25 basis points to 5.25%

Inflation at a benign 2.2% and growth at 8%, for the first half of this year presents a rare goldilocks period, RBI Governor said

5 Dec 2025 10:10 am