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The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.
Providing an update on the flight that crashed carrying 242 people including 12 crew members onboard, the senior Ahmedabad police officer stated that about 70 per cent to 80 per cent of the crash site had been cleared.
DGCA provided temporary relief to IndiGo, which is partially owned by Rahul Bhatia, by rolling back the night duty definition to 12 am-5 am from 12 am-6 am earlier, and allowing its pilots to do six night-landings from two earlier, besides other relaxations.
According to a source, the flight was to be operated with a Boeing 787-9 plane.
The compensation would be in addition to the amount that needs to be provided to passengers for flight cancellations under DGCA norms.
Tintin Stays Timeless. From his earliest appearances to the extraordinary stories that followed, Tintin's journey is one of imagination and curiosity.
'We have given riot-free Maharashtra in our 18-month rule.'
More than 300 flights have been cancelled and at least 25 airports, including Srinagar, have been temporarily shut for operations amid restrictions in the wake of the armed forces launching missile attacks on terror targets in Pakistan on Wednesday morning.
A controversy has erupted in Chhattisgarh after a video surfaced showing spiritual preacher Dhirendra Shastri arriving in a government aircraft and a police officer touching his feet. The Congress party has alleged misuse of public funds, while the BJP defends the officer's actions as personal faith.
Six months after the Air India AI-171 plane crash in Ahmedabad, the site remains a haunting reminder for local residents, marked by charred remains and lingering memories of the tragic event.
'They are saying that there is a pilot shortage which is not correct, but if it was true, did they suddenly come to know this on December 5?' 'If they didn't have crew, why did they seek approval for a winter schedule? To get the approval, the operator has to show crew strength and also a buffer of crew available.' 'If they had a crew crunch, why did they ask for extra flights? Or was it something else that made them so sure that they would get away with this exemption and bans?'
IndiGo has seen its pilots' strength depleting by 378 pilots in the last nine months despite its chief operating officer and Accountable Manager, Isidro Porqueras stating to the DGCA in a letter last December that "the overall impact of implementing the proposed changes above (now-implemented FDTL) norms would amount to an approximate 3 per cent increase in crewing requirements.
Pakistan has closed its airspace for all commercial flights at Lahore and Islamabad airports after India carried out military strikes on terror targets in Pakistan and Pakistan-occupied Kashmir. The country's airspace was closed for all air traffic after India launched a 48-hour closure following the strikes. The Pakistan Airports Authority (PAA) has formally conveyed its concerns to the International Civil Aviation Organisation (ICAO) regarding the serious risks posed to civil aviation safety by India's reckless and provocative actions.
Union Minister assures accountability after IndiGo flight cancellations cause widespread passenger distress and mental harassment. The DGCA has launched an inquiry and issued a notice to IndiGo.
The DGCA has formed two specialised teams to internally monitor IndiGo's daily operations.
Bihar Chief Minister Nitish Kumar has allocated portfolios of newly created departments among ministers, keeping Civil Aviation with himself, an official notification said.
'The CCI will first need to take a prima facie view on whether IndiGo's role warrants a detailed investigation.'
Rourkela SP Nitesh Wadhwani said there were four passengers, including two women and two pilots, in the aircraft. Captain Naveen and Captain Tarun were piloting the plane, he said.
'He is a downtoearth person, never carried away by success nor brought down by failure.'
2025 was a period of profound transformation across the globe. From historical leadership changes in the United States and the Vatican to groundbreaking scientific achievements and rising geopolitical tensions, these events reshaped international relations.
The airline plans to scale up its operations at NMIA significantly, from 36 air traffic movements (ATMs) daily on the opening day to 79 daily departures (158 ATMs), including 14 international departures by November this year.
A Bangkok-bound Air India flight from Mumbai was held back for over five hours on June 25, after some hay was found stuck in one of the aircraft's wings, the airline has said.
Captured in powerful images and unforgettable moments, 2025 emerged as a turning point in global affairs. These images tell the defining stories that shaped the world across continents.
Pakistan has extended its airspace ban for Indian aircraft until January 23, 2026, continuing restrictions imposed after the Pahalgam attack. India has reciprocated with a similar ban.
A passenger slapped an accused arrested in the Raja Raghuvanshi murder case at the Devi Ahilyabai Holkar Airport in Indore on Tuesday night, eyewitnesses said.
Civilian flight operations from the 32 airports across northern and western India, including Srinagar and Amritsar, were suspended from May 9 to May 15.
India lead the five-match series 2-1 and the contest in Ahmedabad on Friday will be their last assignment for the calendar year.
The key question is how much of the latest growth record represents recovery from the 2020-2021 downturn, and what is the sustainable growth rate now, asks T N Ninan.
'I don't think it is right to remove him over one lapse. The focus should be on restoring operations, not on removing a key management personnel.'
Regena Cassandra posted beautiful pictures from her trip to Munich, and posted them on social media with fun captions.
Sharif Osman Hadi, a leader of the July Uprising in Bangladesh, died after being shot, sparking protests and political unrest. The interim government has promised action, while demonstrators have targeted media outlets and blamed India.
The airline announced that it will fully refund all bookings cancelled between December 5 and December 15 and will offer a waiver on all cancellation and rescheduling requests.
The vehicle hit the 'undercarriage of the non-operational aircraft', the airport spokesperson said.
Aviation regulator DGCA intensifies scrutiny of IndiGo following widespread flight cancellations. The airline will offer travel vouchers to affected passengers.
Deepika Padukone turns 40 on January 5, and Namrata Thakker lists the 40 things we love about her.
IndiGo is operating 1,650 flights of its 2,300 daily domestic and international flights on Sunday, and 650 remain cancelled for the day, amid the airline's operations gradually stabilising after massive disruptions in the last five days, the airline said.
'I believe the spirituality he has imbibed has played a big role in this turnaround. It has played a big role.'
IndiGo's CEO, Pieter Elbers, announced that the airline has stabilized operations after recent disruptions, focusing on resilience, root-cause analysis, and rebuilding. The airline had to cancel hundreds of flights due to planning issues linked to new pilot duty rules, crew shortages, winter weather and operational bottlenecks.