New Delhi, Dec 5 (IANS) The Directorate General of Civil Aviation (DGCA) on Friday eased some pilot duty rules with immediate effect after low-cost airline IndiGo was hit by a massive staff crunch, resulting in the cancellation of several flights across the country.
New Delhi, Dec 5 (IANS) The massive disruption caused by IndiGo’s cancellation of nearly 500 flights reverberated in Parliament on Friday, with opposition members accusing the airline of “monopolistic practices” and the “government of regulatory laxity”.
New Delhi, Dec 5 (IANS) India’s entertainment and media industry will grow from $32.2 billion in 2024 to $47.2 billion by 2029 at a 7.8 per cent compound annual growth rate, nearly twice the global average of 4.2 per cent, a report said on Friday.
Mumbai, Dec 5 (IANS) The Reserve Bank of India’s decision to cut the repo rate by 25 basis points on Friday received a strong positive response from economists, who believe the move will support growth at a time when inflation is at exceptionally low levels.
Mumbai, Dec 5 (IANS) Finfluencer and market trainer Avadhut Sathe has been barred from accessing the securities market after the Securities and Exchange Board of India (SEBI) accused him of running an unregistered investment advisory business.
New Delhi, Dec 5 (IANS) Delhi Airport on Friday issued a fresh passenger advisory, announcing that all IndiGo domestic flights departing from the airport are cancelled until midnight.
New Delhi, Dec 5 (IANS) Honda Motorcycle & Scooter India (HMSI) has posted domestic sales of 5,33,645 units in November, up 23 per cent from 4,32,888 units in the same month last year.
New Delhi, Dec 5 (IANS) US-based data security software company Cohesity, backed by global giants Nvidia and Japan’s SoftBank, has announced a $1 billion investment in India over the next five years as it looks to rapidly scale its engineering operations and strengthen its presence in one of its fastest-growing markets.
Mumbai, Dec 5 (IANS) The RBI’s monetary policy committee (MPC) on Friday slashed its forecast for India’s inflation rate for the financial year 2025-26 to 2 per cent -- from 2.6 per cent predicted in October due to the sharp decline in food prices and the GST rate cuts playing out.
Mumbai, Dec 5 (IANS) The Reserve Bank of India (RBI) on Friday raised its GDP growth forecast of the Indian economy to a robust 7.3 per cent for 2025-26 from 6.8 per cent earlier, on the back of an improved outlook driven by strong agricultural prospects, GST rate cuts continuing to play out, low inflation and strong balance sheets of corporates and banks.
