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Business / The Times of India

Air India crash: Investigators to meet in US next week; Boeing and other agencies to attend

India is sending accident investigators to Washington to review data and present their analysis on the June Air India crash. The Aircraft Accident Investigation Bureau will join the NTSB and Boeing representatives in a review meeting. This follows reports of tension between Indian and US authorities over the investigation's conduct.

7 Dec 2025 12:56 pm
IndiGo turbulence: InterGlobe Aviation 'doing everything possible' to ensure refunds; crisis management group set up

IndiGo is grappling with a major operational crisis. Hundreds of flights are cancelled daily, stranding passengers. The aviation regulator has issued show cause notices to the airline's top executives. IndiGo is ordered to process refunds and deliver baggage promptly. Passengers are demanding action under consumer protection laws. The airline is working to stabilize operations and assist customers.

7 Dec 2025 12:02 pm
Why The Economist's word of the year 'Slop' is the perfect choice for 2025

The internet is drowning in content that looks like content but feels like chewing cardboard tasteless, textureless, and suspiciously repetitive. Welcome to the slopocalypse.

7 Dec 2025 11:55 am
Warner Bros-Netflix deal: Is the Tudum effect harmful for Indian cinema? 'The risk is two-fold'

India's Multiplex Association warns that Netflix's acquisition of Warner Bros. Discovery could harm the country's theatrical ecosystem. The shift threatens the supply of films crucial for cinema footfall, as Netflix prioritizes streaming over theatrical releases. While immediate impact may be limited, the merger raises concerns about content availability and theatrical windows.

7 Dec 2025 11:28 am
Fare relief move: Air India waives change, cancellation fees on domestic bookings after IndiGo disruption

Air India is offering relief to travelers affected by IndiGo flight cancellations. The airline announced a special waiver on change and cancellation fees for eligible domestic bookings. This applies to tickets booked on Air India or Air India Express by December 4 for travel up to December 15.

6 Dec 2025 11:01 pm
IndiGo cancellations: How to track flight & refund status online; step-by-step guide

IndiGo is recovering from massive flight cancellations, operating over 1500 flights today after a Friday with 1600 disruptions. New pilot duty rules caused the chaos, impacting over 1,000 flights. The airline has received temporary relief from DGCA. Passengers can track flight and refund status online, with refunds mandated by Sunday evening.

6 Dec 2025 10:51 pm
IndiGo fiasco: 87% flyers back class action under Consumer Protection Act, says survey

A survey reveals that 87% of IndiGo passengers desire their service issues to be addressed under the Consumer Protection Act's Class Action provisions. This demand follows widespread flight cancellations and delays, with passengers also reporting concerns about refund integrity and inadequate compensation.

6 Dec 2025 10:23 pm
Trump sanctions impact: Indias crude oil imports from Russia set to hit 4-year low; but how long will the drop last?

India's Russian crude imports may hit a four-year low in January 2026 due to US sanctions, forcing refiners to seek alternatives. Despite pressure, Russia is exploring new channels, with potential for non-sanctioned oil flows to resume. India's strategic need for cost-effective energy and Russia's efforts to maintain trade suggest this dip might be temporary.

6 Dec 2025 9:45 pm
Clean energy surge: India adds record 31.25 GW non-fossil capacity this year, says Pralhad Joshi

India has achieved a record 31.25 GW of non-fossil power capacity addition this financial year, with solar power leading the surge. The nation's solar capacity has grown over 4,500% in a decade, positioning India as a significant global driver of renewable energy and a key player in the energy transition.

6 Dec 2025 9:26 pm
IndiGo chaos day 5: Over 800 flights cancelled even as airline claims 95% network connectivity restored - top developments

IndiGo's nationwide operational crisis continues into its fifth day with over 800 flights cancelled. The government has imposed fare caps, ordered immediate refunds, and mandated baggage return within 48 hours. While IndiGo claims 95% network connectivity restored, disruptions persist for thousands of passengers.

6 Dec 2025 9:11 pm
Volkswagen capex recalibration: Automaker pares 2030 investment to $186 bn; China, US headwinds grow

Volkswagen Group is scaling back its investment plans to 160 billion through 2030, citing pressure in China and the US. CEO Oliver Blume emphasized a focus on Germany and Europe for products, technology, and infrastructure. Porsche's EV strategy is being rolled back, with no expected growth in China, while Audi's US plant decision hinges on financial support.

6 Dec 2025 7:28 pm
Power as currency: Experts says data centre growth lifts demand; India poised for global leadership

India's burgeoning data center and AI sectors, coupled with surplus electricity capacity and power distribution reforms, are positioning the nation as a potential global leader in power trade. Experts believe electricity is becoming a strategic, tradable commodity, with AI and machine learning crucial for optimizing smart metering and improving discom efficiency.

6 Dec 2025 6:13 pm
Next big clean-up: FM Sitharaman flags customs simplification; hints at duty rationalisation in Budget

Finance Minister Nirmala Sitharaman plans a major customs reform. This initiative aims to simplify compliance and increase transparency. These changes will follow earlier tax reforms. The government will also review customs duty rates. Announcements are expected in the upcoming Union Budget. The rupee's depreciation is also addressed. Economic growth is projected to remain strong.

6 Dec 2025 4:51 pm
IndiGo crisis: Centre orders cap on domestic fares; check price details

Aviation Ministry has imposed emergency fare caps on domestic flights to combat soaring ticket prices following widespread cancellations by a major airline. New maximum fares range from Rs 7,500 to Rs 18,000 based on distance, excluding taxes. These temporary restrictions aim to protect passengers from exploitation and ensure travel affordability until the situation stabilizes.

6 Dec 2025 4:45 pm
India's trade: Despite global volitality, merchandise exports stay strong; 'demonstrate strength and diversification,' says government

India's merchandise exports show remarkable resilience amidst global economic headwinds, with total exports for April-October 2025 reaching $491.80 billion, a 4.84% rise. While October saw a dip in exports, overall growth indicates strength and diversification. Key import surges were noted from Switzerland, Hong Kong, and China.

6 Dec 2025 3:19 pm
India-US trade: Next round of talks to start from December 10; 'not a formal' discussion, sources say

India and the US are set to hold crucial trade talks in New Delhi from December 10-12 to finalize the initial phase of a pact. This follows recent US tariffs on Indian goods. Both nations aim to resolve tariff issues and boost bilateral trade to $500 billion by 2030, addressing concerns over falling Indian exports to the US.

6 Dec 2025 2:38 pm
'Exceptional': SBI hails RBI's repo rate cut; report says Central bank played its part, now markets should remain disciplined

The Reserve Bank of India cut the repo rate to 5.25% amid strong economic growth and exceptionally low inflation, a move hailed as exceptional by SBI Research. This decision, supported by a unanimous Monetary Policy Committee vote, aims to sustain India's economic momentum. The central bank anticipates continued growth and low inflation, though external factors pose potential risks.

6 Dec 2025 12:46 pm
Want to invest in SpaceX? Elon Musk owned rocket-maker hints at 2026 IPO; chasing a massive $800 billion valuation

SpaceX is reportedly seeking an $800 billion valuation in a new secondary share sale, potentially surpassing OpenAI as the US's most valuable private company. This move comes as the company weighs a potential IPO next year, fueled by the success of its Starlink service and its crucial role in government missions.

6 Dec 2025 11:22 am
'Insane': How Elon Musk reacted to EU's $140m fine on X & why the platform was penalised

Elon Musk denounced the EU's $140 million fine on X as crazy and insane, criticizing the penalty for violating transparency rules under the Digital Services Act. Regulators cited deceptive design practices with the blue checkmark system and shortcomings in X's ad database. The ruling has drawn criticism from US officials who view it as an attack on American tech platforms.

6 Dec 2025 10:05 am
FPI rulebook revamp: Sebi proposes simplified registrations; clearer KYC rules, unified framework on cards

Sebi has proposed a significant overhaul of its Foreign Portfolio Investor (FPI) framework to simplify registrations and ease compliance for global investors. The move includes a unified rulebook and an abridged application option for related funds, aiming to enhance the ease of doing business in India.

5 Dec 2025 11:06 pm
Advance tax rules: Who must pay, who is exempt and how quarterly deadlines work

Individuals with a net tax liability exceeding Rs 10,000 must pay advance tax in four installments, with specific exemptions for resident senior citizens without business income and salaried individuals whose tax is fully covered by TDS. Certain incomes like capital gains can be paid in the subsequent quarter after earning.

5 Dec 2025 9:56 pm
India can lift exports to Russia from $5 bn to $35 bn! Why a modern rupee-rouble settlement system is needed - explained

India can boost its exports to Russia seven-fold, reaching $35 billion by 2030, by tapping into sectors like food, pharmaceuticals, and textiles. Currently, trade is heavily skewed towards oil imports, with exports lagging significantly. A key hurdle is the lack of a predictable payment system, hindering broader market access for Indian goods.

5 Dec 2025 9:40 pm
Message for Trump? Putin says Russia ready to continue uninterrupted shipments of fuel to India; pitches reliable supply of oil

Amidst US sanctions on Russian oil majors, President Putin has assured India of consistent energy supplies, including oil, gas, and coal. This comes as India faces US pressure over its crude oil trade with Russia. Beyond fossil fuels, Russia is also deepening collaboration with India in nuclear energy, transport logistics, and advanced technology sectors.

5 Dec 2025 8:57 pm
Wall Street today: S&P 500 inches toward record high; rate-cut bets firm as retailers rally, Netflix slips

Indian markets are inching towards record highs, mirroring a quiet week on Wall Street. Retailers like Ulta Beauty and Victoria's Secret are driving gains, while Netflix's acquisition news caused a dip. Investors are anticipating a Federal Reserve rate cut next week, aiming to bolster the job market despite inflation concerns. Global markets show mixed trends.

5 Dec 2025 8:37 pm
India-Russia talks: Modi, Putin seek swift investment agreement; both sides eye $100-bn trade target by 2030

Prime Minister Modi and President Putin directed officials to expedite negotiations on a mutually beneficial investment agreement during their New Delhi summit. The leaders also emphasized expanding bilateral trade, particularly boosting India's exports to Russia, and deepening energy and transport corridor cooperation.

5 Dec 2025 8:30 pm
Ask Dhirendra: Everyone around me is investing in something. How do I stop FOMO from running my money life?

When markets boom, wedding conversations shift to stock tips, fueling FOMO. Investors often chase recent gains, entering late and exiting during downturns, leading to lower actual returns. A disciplined approach, focusing on long-term goals and a small 'mad money' allocation for experiments, is key to navigating market hype.

5 Dec 2025 8:15 pm
IndiGo crisis fallout: Stock sinks over 7% in four days; mass flight cancellations deepen passenger chaos

IndiGo's parent company, InterGlobe Aviation, has seen its stock value plummet as a severe operational crisis leads to over 1,000 flight cancellations, stranding thousands. New pilot rest regulations are cited as the cause, with the airline expecting operations to normalize by mid-December. The disruption significantly impacts India's air travel network.

5 Dec 2025 7:55 pm
Netflix to acquire Warner Bros: Why it is a BIG deal

Two and a half decades later, that humble mail-order start-up is preparing to buy the studio that helped build modern Hollywood itself. Netflixs planned acquisition of Warner Bros the century-old home of Casablanca, Harry Potter, DC superheroes, The Lord of the Rings (via New Line), HBO and control of classics like The Wizard of Oz for an enterprise value of roughly 82.7 billion dollars marks a transformative moment in entertainment history. For the first time, a company that began its life sh

5 Dec 2025 7:19 pm
IndiGo CEO Pieter Elbers expects cancellations to fall below 1,000 on Saturday

IndiGo CEO Pieter Elbers expects fewer than 1,000 flight cancellations on Saturday, with operations normalizing between December 10-15. The airline scrapped over 1,000 flights due to planning gaps in new Flight Duty Time Limitations (FDTL) norms, apologizing for the disruption. The DGCA has paused the FDTL rules, and a high-level inquiry is underway.

5 Dec 2025 7:09 pm