IndiGo has vacated over 700 slots at various domestic airports after the DGCA curtailed its winter flights by 10% following operational disruptions in December. Other airlines are invited to request these slots.
The Republic Day long weekend beginning Saturday is driving a surge in travel with hotels and resorts witnessing an increase in bookings led by high demand, reflecting a decisive shift in traveller behaviour and the rise of micro-getaways, industry players said. The increasing preference for short, experience-led holidays is emerging as a strong trend shaping the country's leisure travel market.
The Reserve Bank of India (RBI), in its Financial Stability Report (FSR), cautioned that stress tests indicate two scheduled commercial banks (SCBs) may have to dip into their capital conservation buffers (CCBs), unless stakeholders infuse capital, under a scenario involving a gradual slowdown in domestic GDP growth and a moderate rise in inflation, with limited policy easing space available to the central bank.
This is the second-worst performance by the pack during this period over the last five years since CY20.
Gandhi shared a video carrying the remarks of an eyewitness, who said timely action could have saved the man, and that of the deceased's father, who lamented that there were several people there with some of them making videos but did not act to save his son.
India announces Padma Shri awards for 45 individuals, recognizing 'unsung heroes' like a former bus conductor who created the world's largest free library and a pediatrician who established Asia's first human milk bank.
India's first maritime lender, state-owned Sagarmala Finance Corporation Ltd (SMFCL) hit the ground running with a Rs 4,300 crore disbursement announcement last Tuesday, within months of being registered as a non-banking financial company (NBFC) in June 2025.
Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.
'As long as apps show impossible delivery times, delivery and packaging workers will be pressured to meet unsafe, unhealthy standards.'
The aggregate net worth of the country's 176 dollar billionaires dropped to $984.2 billion during 2025, down from a record $1,036.2 billion at the end of December 2024.
Tech Mahindra, HCL Tech, State Bank of India, UltraTech Cement and HDFC Bank were also among the gainers. In contrast, Eternal, Asian Paints, Bharat Electronics, Sun Pharma and Maruti were among the laggards.
A bench of Justices Vikram Nath and Sandeep Mehta termed the exorbitant rise of airfares by airlines as "exploitation" and asked the Centre and the Directorate General of Civil Aviation (DGCA) to file their replies to a PIL seeking binding regulatory guidelines to control the unpredictable fluctuations in airfare and ancillary charges imposed by private airlines in India.
Private sector lender IDFC First Bank has lowered its savings account rates and introduced new slabs for small and medium balance categories, effective January 9, 2025, as per its website. The interest slabs and rates for higher balance accounts remain unchanged. Despite the revision, the bank continues to offer one of the highest savings account interest rates in the industry among mid-sized banks.
Shares of tyre manufacturers have outperformed broader equity benchmarks, buoyed by multiple tailwinds. Softer raw material prices, an uptick in demand from automakers following the reduction of the goods and services tax (GST) rates, and steady replacement demand have lifted sentiment toward the sector.
2025 has seen a sharp rise in lawsuits targeting IT services and consulting companies, which now increasingly offer proprietary digital platforms and cloud services.
India could save $1 billion in crude oil imports annually if the country switches 10 per cent of its diesel usage in the transport sector to liquefied natural gas.
It underperformed peers amid volatile capital flows and uneven forex support.
European Commission President Ursula von der Leyen says India and the EU are close to a 'historic trade agreement' that could create a market of two billion people and account for almost a quarter of the global GDP.
A UN report highlights the lack of justice for Tamil civilians who experienced sexual violence during Sri Lanka's civil war, primarily by security forces.
Wholesale price inflation extended upward momentum for the second straight month, recording at 0.83 per cent in December 2025, driven by an uptick in prices of food, non-food articles, and manufactured items on a month-on-month basis, government data showed on Wednesday. Wholesale Price Index (WPI)-based inflation returned to positive in December, after witnessing a deflationary trend in the previous two months.
Police, however, rejected allegations of negligence. Additional Commissioner of Police (Law and Order) Rajeev Narayan Mishra said police and fire department teams made efforts to save the youth and deployed a crane, ladder, makeshift boat and searchlights, but visibility was near zero due to fog.
The Bharatiya Antariksh Station represents the next phase of India's human spaceflight ambitions, enabling long-duration presence in space, advanced microgravity research and technology development, and supporting future human exploration missions.
'It's a very, very large opportunity -- not just for India, but even for Uber globally.'
The food delivery platform sector in India employed 1.37 million workers in the financial year 2023-24 (FY24) and is growing at a compound annual growth rate (CAGR) of 12.3 per cent, estimates a new report released by the Delhi-based think tank National Council of Applied Economic Research (NCAER).
The surge has come alongside a decline in average issue sizes and more muted listing-day returns compared with last year.
India's two-wheeler industry is seen growing 6-9% in 2026, though a proposed ABS mandate for sub-125cc models could push up prices and temper volumes.
'It's harder to attract women initially, but once they come in, retention is significantly higher.'
With discretionary spending still under pressure, the information technology (IT) services industry continued to face an uncertain demand environment in the third quarter of 2025-26 (Q3FY26).
Human Rights Watch urges Sri Lanka to prosecute perpetrators of war crimes and crimes against humanity committed during the civil war, citing a UN report on sexual violence against Tamil civilians.
Six banks that reported their quarterly business updates for the October-December (Q3FY26) quarter on Friday recorded double-digit growth in their loan books compared with a year ago. Deposits also posted healthy growth during the period.
The deployment of the army in all sectors along the Line of Actual Control, the de facto border between India and China, is 'robust, well poised and prepared to deal with any emerging contingency'.
Maharashtra has pipped Tamil Nadu in NITI Aayog's latest Export Preparedness Index (EPI) for 2024. While Gujarat, Uttar Pradesh and Andhra Pradesh gained ground, Karnataka and Haryana slipped out of the top five, the central government think tank said in its report released on Wednesday.
HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Unemployment rate for persons aged 15 years and above rose marginally to 4.8 per cent in December 2025 compared to 4.7 per cent in the preceding month. The unemployment rate (UR) or joblessness, among persons of age 15 years and above, remained largely stable in December 2025, according to the Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation (MoSPI) on Thursday.
External Affairs Minister S Jaishankar and US Secretary of State Marco Rubio discussed cooperation in trade, critical minerals, nuclear energy, and defence, reaffirming commitment to a free and open Indo-Pacific.
Kolkata Police have initiated an investigation into the ED officials who conducted a search at the residence and office of I-PAC director Pratik Jain, following a complaint by Chief Minister Mamata Banerjee alleging theft of documents.
A Division Bench of the Delhi high court, comprising Justice Vivek Chaudhary and Justice Manoj Jain, issued the direction on a petition moved by Ondrilla Dasgupta. The court has scheduled a further hearing on January 13, 2026.
SpiceJet recorded the highest complaint rate per 10,000 passengers, rising sharply from 3.9 in November 2024 to 13.8 in October 2025.
Under the defence partnership, India and the UAE are eyeing defence industrial collaboration and cooperation in advanced technologies, cyberspace training, special operations, interoperability of their militaries and counter terrorism.
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