Indian equity markets closed higher, driven by gains in PSU bank, auto, and financial stocks, following the US Supreme Court's decision on tariffs. Sensex climbed 479.95 points to 83,294.66, and Nifty advanced 141.75 points to 25,713.
Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday, driven by last-hour buying in bank, metal, and FMCG shares.
Aviation watchdog DGCA has granted IndiGo a six-month extension to operate two leased Boeing 777 aircraft from Turkish Airlines, subject to certain conditions. This decision comes after a previous extension and amidst geopolitical considerations.
In 2025, the total net induction was 35 planes -- 79 added and 44 returned -- making it much lower than even 2024.
The DGCA has revised air ticket refund norms, allowing passengers to cancel or change tickets without additional charges within 48 hours of booking, subject to conditions. The new rules also address name correction fees and medical emergency cancellations.
Stock markets rebounded on Friday with the benchmark Sensex closing higher by 316 points after heavy buying in banking and metal shares amid optimism over trade deal progresses and India's participation in Pax Silica.
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IndiGo promoter Rakesh Gangwal's family trust on Thursday sold a 1.3 per cent stake in the country's largest airline for Rs 2,933 crore through open market transactions, cumulatively offloading shares worth Rs 14,497 crore so far this year. With the latest sale, the cumulative divestment by Rakesh Gangwal, along with his wife Shobha Gangwal and their family trust -- the Chinkerpoo Family Trust -- stood at Rs 39,532.79 crore, translating to around $4.51 billion.
The BSE Sensex plummeted 1,236 points, wiping out nearly Rs 7 lakh crore in investor wealth, driven by escalating tensions between the US and Iran and subsequent market selloff.
Following attacks in West Asia, hundreds of Indians, including prominent personalities, are stranded in Dubai and other key hub airports due to flight disruptions, prompting appeals for government assistance.
Benchmark stock indices Sensex and Nifty closed on a flat note in a choppy session on Wednesday as gains in PSU banks and auto shares were offset by losses in IT stocks.
Stock markets closed higher for the second straight session on Tuesday, driven by gains in bank, IT and capital goods shares.
Benchmark BSE Sensex fell 558 points on Thursday amid heavy selling in IT shares, as concerns over AI-led disruptions and waning hopes of a Fed rate cut after firm US economic data weighed on investor sentiment.
Benchmark equity indices Sensex and Nifty rebounded on Thursday after three sessions of losses, tracking gains in global markets after US President Donald Trump struck a conciliatory tone on Greenland. In a volatile session, the 30-share BSE Sensex climbed 397.74 points, or 0.49 per cent, to close at 82,307.37.
'It has got to be the biggest error in aviation. If it is the biggest error, then all those individuals in positions of power should be removed because they have caused the biggest meltdown in Indian aviation history.'
Market sentiment is likely to remain cautious as investors position themselves for the upcoming Union Budget and the US Fed's interest rate decision, where expectations are muted.
The incident occurred in the flight 6E138 and after landing, the perpetrator was handed over to the security authorities at the Kolkata airport, the source said.
The country's largest airline IndiGo on Wednesday reported a 20 per cent decline in profit after tax at Rs 2,176.3 crore for the June quarter as airspace curbs and overall challenging operating environment crimped its bottom line even as the carrier flew 12 per cent more passengers during the period.
Two new airlines -- Al Hind Air and FlyExpress -- are set to take to the skies, with the carriers receiving their no objection certificates from the civil aviation ministry.
Dense fog disrupted flight operations at Delhi Airport, leading to numerous cancellations and diversions. Airlines are working to manage the situation and minimize inconvenience to passengers.
According to Indigo, the flight finally landed safely in Bengaluru at about 8.20 pm on June 19.
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Nearly three decades after the ambitious project was first conceived to decongest the existing airport in the financial capital, the greenfield Navi Mumbai International Airport became a reality on Thursday as an IndiGo Airbus A320 from Bengaluru landed on the tarmac at 8 am amid a traditional water cannon salute.
Parents of Kashmiri students studying in Iran have appealed to the Indian government to evacuate their children due to ongoing tensions and protests in the country. They cite difficulties in communication and travel arrangements.
Aviation regulator Directorate General of Civil Aviation (DGCA)'s chief Faiz Ahmed Kidwai on Friday requested the cooperation of all pilots to ensure smooth flight operations amid massive IndiGo flight disruptions.
According to the complainant, he belongs to the Adi Dravida community, a Scheduled Caste, and was subjected to caste-based remarks several times at the workplace.
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The perpetrator was also declared as unruly by the airline, the source added.
An IndiGo flight from Delhi to Goa made an emergency landing in Mumbai due to an engine failure. Passengers were transferred to an alternative aircraft.
Around 175 passengers had a close shave after an IndiGo flight suffered a bird hit and made an emergency landing at Ranchi's Birsa Munda Airport on Monday, an official said.
Flyers faced a double blow as air fares on Air India flights out of Delhi and those of SpiceJet soared past Rs 1 lakh one-way on some routes, and even those showed 'sold out' despite the airlines adding capacity.
The A320 aircraft, operating the flight 6E2006 from Delhi to Leh, returned to the national capital after being airborne for over two hours, as per information available on flight tracking website Flightradar24.com.
The flight, which originated from Muscat, was on its way to Delhi after its scheduled stop in Kochi.
The owners of a Goa nightclub where a fire killed 25 people booked tickets to Thailand within an hour of learning about the blaze.
The development also comes against the backdrop of Turkiye backing Pakistan and condemning India's strikes on terror camps in the neighbouring country earlier this month.
The Airports Authority of India (AAI) on Monday issued a travel advisory as dense fog gripped Northern India, urging passengers to check their flight status before leaving for the airport to avoid prolonged waiting periods at the airport in case of flight cancellations or delays.
According to the latest data from the aviation regulator DGCA, IndiGo and Air India did not cancel any flights, while Air India Express cancelled four flights due to the system modification process.
A suspect in the 'Birch by Romeo Lane' nightclub fire in Goa, which killed 25, has been brought to Goa for questioning. An Interpol Blue Corner Notice has been issued for the owners, who fled to Thailand.
Most Indian airlines recorded a rise in average flying hours per pilot after the Covid period.
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