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InterGlobe Aviation, commonly known as IndiGo, has been struggling to keep up not just on the runway but also on the Dalal Street. As the chaos has stretched into its fourth day, deepening operational turmoil has also spilled into the stock market, with investor sentiment taking a visible hit as large-scale cancellations continue across the…
IndiGo’s operational crisis deepened on Friday as its on-time performance at six major metro airports collapsed to just 8.5%, according to data published on the Civil Aviation Ministry website. The sharp fall became the latest flashpoint in a continuing disruption that has now stretched into its fourth straight day.The airline cancelled all departing flights from…
MUMBAI: The Reserve Bank of India’s Monetary Policy Committee cut the policy repo rate by 25 basis points to 5.25%, down from 5.50% in the October 1 policy review, while retaining a neutral stance. The RBI also hiked FY26 GDP forecast to 7.3% from 6.8% earlier and lowered inflation forecast to 2%.RBI governor Sanjay Malhotra…
Inflation at a benign 2.2 per cent and growth at 8.0 per cent in H1:2025-26 present a rare goldilocks period, said RBI. RBI monetary policy: The Reserve Bank of India (RBI) decided to cut the repo rate by 25 basis points to 5.25% in the December meeting of the Monetary Policy Committee (MPC). While most…
Asian stocks traded mixed on Friday, following a muted pattern on Wall Street as the latest US economic data left investors with little clarity about Federal Reserve’s plans for interest rate cuts nex week.Hong Kong’s HSI was down 63 points or 0.24% reaching 25,872. Nikkei also trimmed its gains, falling 702 points to trade at…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for December 5, 2025 are Max Healthcare, and Tata Power. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices spent the previous week oscillating within a defined consolidation band, digesting their recent up move. The…
CEO & chairman of the executive board Herman Gref with Putin (AP photo) 👉 Visit the Official SleepLean Website NEW DELHI: Sberbank, Russia’s largest lender, is looking to ramp up its operations in the country, opening up to 10 branches, investing surplus rupees from bilateral currency trade in Indian govt bonds and getting Russian investors…
BENGALURU: Electric motorcycle maker Ultraviolette raised $45 million in fresh growth capital from Zoho Corporation and European investment firm Lingotto as part of its ongoing series E round. The company said the funding will be used to scale production and sales of its flagship F77 electric sportbike and the new X-47 crossover, as well as…
MUMBAI: The rupee closed at 89.98 a day after breaching the 90 mark against the greenback. Dollar sales by foreign banks and likely inflows halted a six-session decline in the domestic currency.The rupee hit 90.42 intraday before closing higher. Wider trade deficits, weak investment flows and stalled US trade talks have slowed inflows and pushed…
CNN reported that the acquisition follows an agreement reached in April, under which Prada committed to purchasing Versace for about $1.51 billion, a deal that materialised after Capri Holdings’ planned sale to Tapestry fell apart because of an antitrust challenge.Lorenzo Bertelli, the son of Prada founders Miuccia Prada and Patrizio Bertelli, is set to assume…
