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…
Mumbai: Crisis-ridden IndiGo on Tuesday claimed that the airline is back on its feet and operations are stable, even as it keeps addressing all customer needs. In the latest video message, IndiGo CEO Peter Elbers also said that lakhs of customers, whose flights were cancelled or delayed, have already received their full refunds, and the…
Moscow: India, a sovereign nation, is free to buy oil from sources it considers beneficial, the Kremlin said on Monday, while expressing confidence that New Delhi will stick to the policy of ensuring its economic interests. On August 6, the US imposed additional 25 percent tariffs on India for its purchase of oil and petroleum…
