Business

The rupee weakened to 90.11 per US dollar amid high crude prices and persistent FPI outflows. Strong corporate dollar demand, RBI’s recent rate cut impact, and anticipation of the Fed’s policy decision added pressure, while India–US trade talks begin December 10

President Putin's visit, the extraordinary bonhomie that marked his meeting with Modi, and a flurry of agreements signed demonstrated the inherent strength of India-Russia relationship 

UIDAI is set to notify a new rule requiring hotels, event organisers and other entities conducting Aadhaar-based offline verification to register for access to QR code and app-based authentication. The upcoming app aims to enhance privacy, reduce paper use and streamline verification.

CIDCO has initiated the process to develop India’s first multi-purpose indoor live entertainment arena in Navi Mumbai. Inspired by global venues, the proposed arena will host large-scale concerts, sports events and cultural productions, with capacity for up to 25,000 spectators

In October, overall coal imports fell 3.9% due to surplus domestic supply, while coking coal imports rose 12% driven by winter restocking. Government initiatives like the Coking Coal Mission aim to boost domestic production and reduce reliance on imports

Five of India’s top-10 most valued firms, led by TCS and Infosys, added over ₹72,284 crore in market value last week, while Reliance, HDFC Bank, SBI, L&T and LIC saw declines. TCS gained the most, adding nearly Rs 36,000 crore

Ceat is developing region-specific tyres to expand exports to Europe and the US, aiming to become a global brand. With steady raw material prices and strong demand, the company expects growth, while focusing on capacity, OEM sales, and integrating the Camso acquisition

India’s aviation regulator DGCA has issued show-cause notices to IndiGo CEO Pieter Elbers and COO Isidro Porqueras, demanding explanations within 24 hours for massive flight disruptions that have persisted for five consecutive days.

India’s landmark labour reforms promise change, but can they break the wage stagnation trap and create more jobs? That’s the real question

If India wants to avoid replaying IndiGo turmoil across sectors, it must ensure no company should ever reach a scale where its failure becomes a national crisis

IndiGo cancelled over 800 flights on Saturday, down from more than 1,000 on Friday, as it works to stabilise operations amid crew shortages under new FDTL norms. The aviation ministry has ordered the airline to complete all refunds by Sunday evening

The government has imposed temporary airfare caps ranging from Rs 7,500 to Rs 18,000 amid a sharp surge in ticket prices following widespread IndiGo flight cancellations. The civil aviation ministry is monitoring fares closely and has ordered expedited refunds and support for affected passengers

Netflix’s acquisition of Warner Bros could transform Hollywood, affecting theatrical releases, top filmmakers, and the streaming landscape. While Warner Bros films will continue in theatres, the exact strategy, theatrical windows, and impact on cinema chains remain uncertain

The Multiplex Association of India has raised concerns over Netflix’s $72-billion acquisition of Warner Bros Discovery, warning it could reduce high-quality theatrical content, limit consumer choice, and disrupt India’s broader film ecosystem, impacting cinemas, production, and distribution

IndiGo resumed 11 flights from Jammu but cancelled seven from Srinagar as its pilot rostering crisis entered the fifth day. Passengers remain stranded amid widespread delays, high airfares, and continuing disruptions, prompting the Civil Aviation Ministry to enforce temporary fare caps

The RBI’s latest policy decisions signal confidence in India’s strong economic outlook, with GDP growth for FY26 revised to 7.3 per cent. SBI Chairman CS Setty said the rate cut, neutral stance, and liquidity steps will support momentum while ensuring price stability

The announcement comes as both countries sign multiple agreements, covering sectors from fertilisers and food safety to shipping and maritime logistics

Modi says India and Russia are making rapid progress towards this goal

Beyond its namesake television and motion picture division, Warner owns HBO Max and DC Studios

Elbers, in a video message, apologises for the major inconvenience caused to the passengers due to the disruptions

India is negotiating with about 7–8 countries, including in East Asia, to expand acceptance of its Unified Payments Interface (UPI), Financial Services Secretary M. Nagaraju said. UPI is already usable in eight countries, and India is integrating it into trade negotiations to boost fintech participation and leverage cost and scale advantages

Ola Electric plans to hire around 1,000 senior service technicians and specialists to strengthen its after-sales workforce under the Hyperservice programme. The initiative aims to improve repair accuracy, service centre operations, and customer experience, complementing digital tools and nationwide expansion to ensure consistent, long-term EV service quality across India

The airline, which generally operates around 2,300 flights daily with a fleet of over 400 planes, has seen its punctuality plummet with the operational disruptions that are expected to continue for many more days

The RBI cut the repo rate by 25 bps to 5.25% to support growth, citing historically low retail inflation and strong 8.2% Q2 GDP. Despite rupee depreciation, the MPC maintained a neutral stance as cheaper loans are expected to boost economic activity