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Business
IndiGo to seek outside experts to probe flight disruptions, says Chairman Mehta
11 Dec 2025 12:31 PM IST
New Delhi, Dec 11: IndiGo Chairman Vikram Singh Mehta on Thursday said that the airline’s Board will bring in external technical experts to work with the management and identify the root causes behind last week’s massive flight disruptions.In a detailed statement, Mehta said the experts will...
Business
Indian Railways ranks as the world’s second-largest freight carrier: Minister
11 Dec 2025 11:34 AM IST
New Delhi, Dec 11: The government has informed that freight loading increased from 1,233 million tonnes (MT) in 2020-21 to 1,617 MT in 2024-25, making Indian Railways second largest freight carrying Railways in the world.To keep the freight rate competitive, the freight rates have not been...
Business
Amazon plans over $35 billion investment in India through 2030
10 Dec 2025 12:38 PM IST
New Delhi, Dec 10: US e-commerce major Amazon on Wednesday announced to invest more than $35 billion across all its businesses in India through 2030.The US-headquartered company plans to spread this investment across what it calls its three strategic pillars -- AI-driven digitisation, export...
Business
Gautam Adani, Satya Nadella discuss AI’s vast potential
10 Dec 2025 12:17 PM IST
New Delhi, Dec 10: Gautam Adani, Chairman of the Adani Group, on Wednesday said he met Microsoft Chairman and CEO Satya Nadella and discussed the vast potential of artificial intelligence (AI) for the future of technology.The meeting came as Microsoft announced to invest $17.5 billion in India...
Business
Rabi sowing hits 479 lakh hectares milestone; pulses, wheat drive growth
10 Dec 2025 11:42 AM IST
New Delhi, Dec 10: The total area sown under rabi crops in the ongoing winter season has exceeded 479 lakh hectares (as on December 5), according to latest government data.This is an increase of 27.89 lakh hectare compared with the corresponding figure of 451.12 lakh hectares in the same...
Business
RBI’s bank group norms strike balance between stability and flexibility
9 Dec 2025 3:40 PM IST
New Delhi, Dec 9: The Reserve Bank of India's guidelines on commercial banks' financial services businesses permitting overlapping lending activities within bank groups averted the need for major restructuring by 12 bank groups, a report said on Tuesday.The final guidelines aim to eliminate...
Business
Tripura to get 25 new road projects as Centre approves Rs 68.67 crore
9 Dec 2025 12:31 PM IST
New Delhi, Dec 9: The Ministry of Rural Development on Tuesday approved 25 new road projects in Tripura under the Road Connectivity component of the PM-JANMAN scheme.These projects cover a total length of 65.38 kilometres and will be developed at an estimated cost of Rs 68.67 crore.The move is...
Business
India, Chile push for timely conclusion of CEPA negotiations
9 Dec 2025 11:53 AM IST
New Delhi, Dec 9: India and Chile have reiterated their strong commitment to the timely conclusion of the Comprehensive Economic Partnership Agreement (CEPA) negotiations, acknowledging the strategic significance of further strengthening bilateral economic ties.The 4th round of negotiations...
Business
Agri sector shows remarkable growth under PM Modi: Chouhan
8 Dec 2025 3:56 PM IST
New Delhi, Dec 8: India's agriculture sector has seen remarkable progress under the Prime Minister Narendra Modi government, including a 44 per cent surge in sugarcane production since 2014, Union Minister Shivraj Singh Chouhan said on Monday.Addressing the 'Agribusiness Summit 2025' here, the...
Business
Smart City Mission: 7,741 projects done; 323 still underway
8 Dec 2025 3:25 PM IST
New Delhi, Dec 8: The Smart City Mission (SCM) has seen 7,741 projects (96 per cent of total projects) amounting to Rs 1,55,386 crore being completed, and the remaining 323 projects amounting to Rs 9,425 crore are currently ongoing (as on December 1, 2025), the Parliament was informed on...
Business
Hyderabad Airport chaos as IndiGo cancels 112 flights, travellers hit
8 Dec 2025 2:43 PM IST
Hyderabad, Dec 8: Passengers at Hyderabad’s Rajiv Gandhi International Airport (RGIA) continue to have a harrowing time as IndiGo cancelled 112 flights on Monday.For the seventh consecutive day, the airline’s services remained disrupted. The cancellations on Monday include 58 arrivals and 54...
Business
Stable crude, GST cuts expected to keep FY27 inflation in check
6 Dec 2025 4:33 PM IST
New Delhi, Dec 6: Though average inflation will rise in FY27, the upside will be limited by stable global crude prices, positive impact from GST rate cuts and muted price pressures from excess capacity in China, a report said on Saturday."We maintain our full-year growth forecast at 7.5 per...
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