Mumbai: The US should sign the free trade agreement with India on the “dotted lines” if Washington is happy with what has been offered by New Delhi, Commerce and Industry Minister Piyush Goyal said on Thursday. Goyal welcomed the Trump administration’s views on India’s offer, but refrained from giving a deadline for the signing of…
New Delhi: IndiGo, which has been facing significant operational disruptions, on Thursday announced that it will offer travel vouchers worth Rs 10,000 to each passenger whose flights were cancelled or delayed for long during December 3-5. The compensation would be in addition to the amount that needs to be provided to passengers for flight cancellations…
Mumbai: Benchmark stock indices Sensex and Nifty rebounded on Thursday, cutting short a three-day falling streak following buying in auto and metal stocks and a rate cut by the US Federal Reserve. Rebounding from its early lows, the 30-share BSE Sensex climbed 426.86 points or 0.51 per cent, to settle at 84,818.13. During the day,…
Mumbai: Crisis-hit IndiGo cancelled 60 flights from Bengaluru Airport on Thursday, as safety watchdog DGCA tightened its scrutiny following large-scale disruptions in services on account of planning failures related to the implementation of new pilot and crew duty norms, a source said. “IndiGo has cancelled 60 flights — 32 arrivals and 28 departures from Bengaluru…
Responding to an article written by an aggrieved parent in these columns under the title “Hyderabad Women’s Cricket Hit by Selection Rot,” the father of the Hyderabad U-19 captain, Veeresh, writes: “A few parents have made unwarranted and baseless allegations against me, accusing me of acting as a ‘broker’ in the selection of the state’s…
New Delhi: Telecom regulator Trai on Wednesday recommended administrative allocation of radiowaves in eight spectrum bands, including the contested lower 6 GHz, E and V bands. Reliance Jio had demanded allocation of these spectrum bands on the basis of auction, Bharti Airtel wanted it on a complimentary basis, while internet players, mainly wifi and satcom…
New Delhi/Mumbai: Aviation watchdog DGCA will station its personnel at IndiGo’s headquarters as it steps up oversight on India’s largest airline, which continues to cancel dozens of flights despite saying operations have stabilised. The Directorate General of Civil Aviation (DGCA) has formed an oversight team of eight senior captains, and two of them, along with…
New Delhi: Prime Minister Narendra Modi on Wednesday recalled the valour of those who were part of the Assam Movement on the occasion of Swahid Diwas. “Today, on Swahid Diwas, we recall the valour of all those who were a part of the Assam Movement,” PM Modi said in a post on X. “The Movement…
In one of the most significant innovations in India’s asset-management industry, Specialised Investment Funds (SIFs) have been introduced as a new class of high-flexibility investment products aimed at affluent investors. With a minimum entry ticket of ₹10 lakh, these funds offer hedge-fund-style strategies—until now the preserve of AIF Category III vehicles and PMS portfolios—within the…
Mumbai: Reserve Bank Governor Sanjay Malhotra on Tuesday met the MD and CEO of public sector banks and select private sector banks here and urged them to pass on the rate cut to support sustainable growth. Since February 2025, the RBI has trimmed the key policy rate by 125 basis points to 5.25 per cent…
