Economic Times

RBI cuts repo rate to 5.25%; upgrades GDP outlook as liquidity boosts take centre stage

The Reserve Bank of India reduced the repo rate to 5.25% and raised the GDP growth forecast for FY26 to 7.3%.

Automatic lower berth allocation for senior citizens and women aged 45 and above, based on availability: Vaishnaw

Indian Railways will automatically allocate lower berths to senior citizens and women aged 45 and above based on availability. This initiative aims to enhance travel comfort and accessibility.

Punctuality of Indian Railways at 80 pc, better than many European nations: Vaishnaw

Indian Railways has reached an 80% punctuality rate, outperforming several European nations. This improvement is attributed to enhanced maintenance and operational upgrades.

India imposes temporary fare caps amid IndiGo meltdown, targets opportunistic airline pricing

India's Civil Aviation ministry has imposed temporary fare caps on airlines due to soaring airfares linked to IndiGo's flight cancellations. This measure aims to stabilize prices during ongoing operational disruptions.

Indian, US investigators to meet in DC on Air India crash

Indian investigators will meet with US officials to discuss the Air India crash investigation. This meeting is crucial due to rising tensions over the probe's handling.

Expect govt to convert 40 GW of uncontracted renewable energy capacity to FDRE option: Suzlon

Suzlon's Vice Chairman expects the government to shift over 40 GW of uncontracted renewable energy to firm and dispatchable renewable energy (FDRE), enhancing reliability. This move could help India meet its clean energy goals.

"Govt is taking matter seriously, action will certainly be taken": MoS Murlidhar Mohol on IndiGo flight disruptions

The government is investigating IndiGo for flight disruptions and has issued a show-cause notice to its CEO for violating duty time regulations. Immediate actions are being taken to ensure compliance and passenger safety.

Formulations driving drug export growth: Pharmexcil chairman Namit Joshi

India's pharmaceutical exports are projected to reach $32 billion this fiscal year, driven by strong demand for formulations in various regions. This growth highlights the industry's resilience despite challenges in the US market.

Full flights, high fares yet only one profitable airline: IndiGo’s crisis exposes chaos in Indian aviation

IndiGo struggles with new rules, causing high fares and confusion in Indian aviation. Most airlines are losing money despite full flights.

Andhra approves Rs 4,000-crore ReNew Photovoltaics solar ingot, wafer facility

Andhra Pradesh has approved a Rs 4,000-crore solar manufacturing plant by ReNew Photovoltaics. This facility aims to enhance India's solar capacity and reduce imports.

AI, AI Express look to add capacity amid IndiGo flight disruptions

Air India and Air India Express are increasing flights and capping fares to assist passengers affected by IndiGo's flight disruptions. This response aims to ensure timely travel for passengers and their baggage.

Amid widespread aviation disruptions, Air India Group rolls out 'proactive' measures for passengers

Air India and Air India Express have introduced measures to assist stranded travelers amid aviation disruptions, including capping airfares and waiving fees.