Category: Business

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DGCA seeks explanation from AI for operating Dreamliner despite snags

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DGCA seeks explanation from AI for operating Dreamliner despite snags

An Air India Airlines Boeing 787 dreamliner. | Photo Credit: Reuters Aviation watchdog DGCA has sought an explanation from Air India for operating a Boeing 787-8 Dreamliner despite repetitive technical snags, according to sources. In a show-cause notice issued this week, the Directorate General of Civil Aviation (DGCA) has flagged snags pertaining to Dreamliner VT-ANI….

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Stock market starts 2026 on positive note; Sensex climbs over 200 points

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Stock market starts 2026 on positive note; Sensex climbs over 200 points

Representative image | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty began the first trading session of 2026 on an optimistic note, supported by steady buying by domestic institutional investors and strong gains in blue-chip Reliance Industries. The 30-share BSE Sensex climbed 223.54 points to 85,444.14 in early trade on Thursday (January 1, 2026)….

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Rupee starts 2026 on negative note; falls 11 paise to 89.99/USD in early trade

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Rupee starts 2026 on negative note; falls 11 paise to 89.99/USD in early trade

On the first day on 2026, the rupee opened on a negative note. | Photo Credit: Getty Images The rupee started the new year on a negative note and depreciated 11 paise to 89.99 against the U.S. dollar in early trade on Thursday (January 1, 2026) weighed down by persistent foreign fund outflows. Forex traders…

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Additional excise duty on tobacco, health cess on pan masala to be effective February 1

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Additional excise duty on tobacco, health cess on pan masala to be effective February 1

 The new levies on tobacco and pan masala will be over and above the GST rate, and will replace the compensation cess which is currently being levied on such sin goods. | Photo Credit: Reuters The government on Wednesday (December 31, 2025) notified February 1 as the date from which additional excise duty will be…

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Telecom subscriptions reach 100-cr. mark, driven by a decade of smartphone growth

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Telecom subscriptions reach 100-cr. mark, driven by a decade of smartphone growth

India crossed 100 crore Internet connections in November 2025, the Telecom Regulatory Authority of India (TRAI) announced on Wednesday, a significant milestone in India’s connectivity landscape. As of November 30, India had a total of 100.36 crore broadband subscriptions, up from 99.81 crore the previous month. The 1-billion mark also caps a period of intense…

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Centre’s fiscal deficit 62% of full year’s target by end-November, higher than last year

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Centre’s fiscal deficit 62% of full year’s target by end-November, higher than last year

On the revenue front, total tax revenue stood at ₹13.9 lakh crore at the end of November 2025, 3.4% lower than in the same period of 2024-25. Non-tax revenue, however, was almost 21% higher during the same period. | Photo Credit: Reuters The Centre’s fiscal deficit at the end of November 2025 stood at ₹9.77…

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Business

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Business

Rupee plunges 5% in 2025 amid persistent foreign fund outflows, dollar strength

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Rupee plunges 5% in 2025 amid persistent foreign fund outflows, dollar strength

The rupee slumped 5% in 2025 as persistent capital outflows from foreign investors, alongside heightened dollar demand from importers, made it one of the worst-performing Asian currencies. On the last trading session of 2025, the rupee depreciated 13 paise to close at 89.88 (provisional) against the U.S. dollar as month-end demand and FPIs’ dollar buying…

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Stock markets surge nearly 1% on last trading session of 2025; Nifty jumps 10.50% annually

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Stock markets surge nearly 1% on last trading session of 2025; Nifty jumps 10.50% annually

Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty jumped nearly 1% on Wednesday (December 31, 2025), the final trading session of 2025, after days of range-bound trading amid sustained buying by domestic institutional investors. After five days of decline, the 30-share BSE Sensex jumped 545.52 points,…

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