The compensation would be in addition to the amount that needs to be provided to passengers for flight cancellations under DGCA norms.
The proposed trade deal with the 27-nation European Union (EU) is expected to provide zero-duty access to the $95 billion European market for Indian textile and apparel manufacturers. Currently, India's share of the European market is just 6 per cent, or $5.5 billion.
Sitharaman in her budget speech said that the customs proposal "aim to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversion in duty".
ICICI Bank, Eternal, Titan, Adani Ports, Tata Consultancy Services and UltraTech Cement were also among the laggards. However, InterGlobe Aviation, Tech Mahindra, Hindustan Unilever and Bajaj Finance were among the gainers.
Domestic gold exchange-traded funds (ETFs) saw their holdings jump 65 per cent to 95 tonnes in 2025, elevating Indian ETFs to sixth place globally, going by holdings of the yellow metal. At the end of 2024, they ranked eighth with 57.5 tonnes of holding, according to an analysis of data from the World Gold Council (WGC).
Businessman Raj Kundra and his actor-wife Shilpa Shetty, already facing a Mumbai police probe in a Rs 60-crore criminal breach of trust case, have now been charged with cheating. The Economic Offences Wing (EOW) has invoked the cheating charge against the couple in addition to criminal breach of trust, following a complaint by a businessman who alleges he was duped in a loan-cum-investment deal.
The Madhya Pradesh government informed the High Court that deaths in Indore's Bhagirathpura area may be linked to contaminated drinking water, prompting concerns and legal action.
India's leading conglomerates are stepping up investments in real estate, recasting what was once a peripheral activity into a core growth driver. Supported by strong balance sheets, established brands and access to long-term capital, major business houses including Aditya Birla, Tata, Godrej, L&T, Raymond, Wadia, Shapoorji Pallonji, Mahindra and Adani are positioning realty as a strategic pillar within their diversified portfolios.
When it eventually releases, Jana Nayagan is expected to have an opening day collection close to -- or even above -- Rs 100 crore, largely because it is being promoted as Vijay's final movie before he focuses entirely on politics.
ICICI Prudential Asset Management Company has set a price band of Rs 2,061- Rs 2,165 per share for its Rs 10,600-crore initial public offering (IPO) that will open on Friday. At the upper end of the band, the country's largest asset manager will command a valuation of Rs 1.07 trillion.
'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'
Restoring weighted tax deductions and adopting a petty patents regime can foster firm-level innovative activity critical for competitiveness, points out Nagesh Kumar.
Trading pattern in the stock market this week will largely depend on the ongoing Q3 earnings announcement from corporates, global trends, and foreign fund movement, analysts said. Moreover, geopolitical developments and any update on trade negotiations would also be keenly tracked by investors, experts noted.
Assam Congress alleges CM Himanta Biswa Sarma's family grabbed thousands of acres of land, prompting a defamation case announcement. BJP denies claims as baseless.
The imposition of safeguard duty, an uptick in exports, and an increase in input cost are driving steel prices higher. The latest round of price increase took place on Friday, with some steel mills increasing hot-rolled coil (HRC) prices by ~500-750 a tonne, according to price reporting and market intelligence firm BigMint. HRC is a benchmark for flat steel.
Internet subscribers, income growth, literacy and dependency ratio are the biggest drivers of growth.
Amid disruptions in the Lok Sabha, opposition parties are protesting the denial of speaking rights to the Leader of Opposition, Rahul Gandhi, during discussions on the President's address. The Congress party draws parallels to a similar incident in 2004 when then-Prime Minister Manmohan Singh was prevented from speaking.
Danish pharma major Novo Nordisk on Friday launched its blockbuster type 2 diabetes treatment injection Ozempic, globally popular for its weight-loss benefits.
India has fully protected its sensitive sectors like dairy, rice, wheat, pulses, tea, genetically modified (GM) goods, and coffee by not granting any import duty concessions to the European Union (EU) under the bilateral free trade agreement, according to the Commerce Ministry.
The announcement comes a day after the state government proposed renaming a prominent stretch of road, running alongside the US consulate general, in Hyderabad as Donald Trump Avenue.
Trade analyst Girish Wankhede puts together a curated list of the 25 biggest hits in the first 25 years of the century.
The Supreme Court of India has imposed a fine of Rs 10 crore each on 10 private dental colleges in Rajasthan for irregularities in admissions, citing blatant illegality and willful violation of rules. The court also directed the state government to deposit Rs 10 lakh for failing to adhere to legal procedures.
Sometimes, the most powerful Budgets whisper and the wisest investors listen, notes Ramalingam Kalirajan.
Flexicap fund performance depends heavily on the fund manager's decisions.
Divya Ganesh takes home Rs 50 lakh as well as a Maruti Suzuki Victoris.
The life insurance industry recorded nearly 40 per cent year-on-year (Y-o-Y) growth in new business premiums (NBP), aided by the rationalisation of goods and services tax (GST) on individual life insurance premiums, which has made policies more affordable for consumers.
National record holder pole vaulter, coach face humiliation; forced to pay to travel with kits
A Delhi Police SWAT commando died after allegedly being brutally assaulted by her husband, who reportedly announced the killing during a phone call with the victim's brother. The family alleges prolonged torture and dowry harassment.
Australia's former pacer will be back in Pakistan cricket as head coach of Pakistan Super League's new franchise, Kingsmen Hyderabad, after parting ways with PCB in late 2024 following a stint with the national men's team.
Sunetra Pawar, wife of late NCP leader Ajit Pawar, was sworn in as Maharashtra's first woman deputy Chief Minister after being elected as the leader of the NCP legislature wing.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.
An anti-beggary drive in Indore, India, uncovered a leprosy-afflicted man who reportedly owns property worth several lakh rupees, including houses, a car, and autorickshaws, and earns interest by lending money.
The exchange rate of the rupee against the dollar may delay the economy's rise to become the fourth-largest.
Among the 12 media personnel awarded are the PTI Srinagar Bureau Chief, Inayat Jehangir and PTI video journalist, Jammu Somil Abrol. Other awardees in this category include Avtar Krishan Bhat, Vivek Suri, Sunil Ji Bhat, Dinesh Manhotra, Bilal Ahmad Bhat, Razia Noor, Ishfaq Gowhar Zargar, Syed Khalid Hussain, Sarosh Kafeel, and Neeta Sharma.
Filmmaker Vikram Bhatt and his wife have been arrested in connection with a Rs 30 crore cheating case filed in Rajasthan. They are accused of defrauding an Udaipur-based businessman under the guise of producing a biopic.
Filmmaker Vikram Bhatt and his wife have been arrested in connection with a Rs 30 crore cheating case filed in Rajasthan. They are accused of defrauding an Udaipur-based businessman under the guise of producing a biopic.
"When the two women were prevented from meeting each other, they allegedly conspired to remove the victim, so that they could live independently," the SP added.
Shares of information technology (IT) companies were in demand on Friday, with the National Stock Exchange's (NSE's) Nifty IT index rallying 3.3 per cent on . This came after Infosys reported steady sequential growth, driven by health care boost and large deal rampup in a seasonally weak quarter (Q3FY26).
IndiGo has informed DGCA that 'all refunds for IndiGo flight cancellations during the period of December 3-5 have been fully processed and cleared to the original source of payment.'
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