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Category: Business

Business

Delhi airport sees 79 flight cancellations due to dense fog

Posted on December 19, 2025 By admin
Delhi airport sees 79 flight cancellations due to dense fog

Aircrafts amid fog can be seen at the IGI Airport, Several flight and train got delayed due to heavy fog around New Delhi on December 2025. | Photo Credit: R.V. Moorthy Dense fog continued to disrupt operations at the Delhi airport, with at least 79 flights getting cancelled on Friday (December 19, 2025), according to…

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Business

Delhi HC asks Customs to respond to IndiGo’s plea seeking refund of ₹900 crore duty

Posted on December 19, 2025 By admin
Delhi HC asks Customs to respond to IndiGo’s plea seeking refund of ₹900 crore duty

Image used for representative purpose only. | Photo Credit: PTI The Delhi High Court on Friday (December 19, 2025) sought a response from the Customs department on a plea by InterGlobe Aviation, which operates the IndiGo airline, seeking a refund of more than ₹900 crore paid as Customs duty on aircraft engines and parts re-imported…

Read More “Delhi HC asks Customs to respond to IndiGo’s plea seeking refund of ₹900 crore duty” »

Business

India’s trade deficit with China may reach $106 billion in 2025: GTRI

Posted on December 19, 2025 By admin
India’s trade deficit with China may reach 6 billion in 2025: GTRI

In 2025, exports are estimated to improve to $17.5 billion, still well below earlier levels. File. | Photo Credit: Reuters India’s trade deficit with China is expected to reach $106 billion in 2025 as imports are rising faster than the country’s exports to the neighbouring country, think tank GTRI said on Friday (December 19, 2025)….

Read More “India’s trade deficit with China may reach $106 billion in 2025: GTRI” »

Business

Sony Pictures Networks India to introduce Game Show — Wheel of Fortune in India

Posted on December 19, 2025 By admin
Sony Pictures Networks India to introduce Game Show — Wheel of Fortune in India

Wheel of Fortune, hosted by Akshay Kumar. Photo credits: Special arrangement Sony Pictures Networks India (SPNI) has announced to introduce one of the most celebrated entertainment franchises in the world — Wheel of Fortune in India.  The Indian edition will be hosted by Bollywood actor Akshay Kumar. Highgate Entertainment, LLC has licensed the format to…

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Business

Airtel board okays ‘call’ of ₹401.25 a share on remaining ₹15,700 crore portion of rights issue

Posted on December 19, 2025 By admin
Airtel board okays ‘call’ of ₹401.25 a share on remaining ₹15,700 crore portion of rights issue

A Bharti Airtel office building is pictured in Gurugram. File. | Photo Credit: Reuters The board of telecom operator Bharti Airtel has approved the ‘first and final call’ of ₹401.25 per share on 39.2 crore partly paid-up equity shares, that form over ₹15,700 crore portion of its remaining rights issue. The proceeds from the call…

Read More “Airtel board okays ‘call’ of ₹401.25 a share on remaining ₹15,700 crore portion of rights issue” »

Business

Stock markets rebound in early trade after four days of decline; Sensex jumps 448 points

Posted on December 19, 2025 By admin
Stock markets rebound in early trade after four days of decline; Sensex jumps 448 points

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty jumped in early trade on Friday (December 19, 2025) after four days of decline amid a rally in global markets as a lower-than-expected US consumer price inflation data for November reinforced expectations of further interest rate cuts by…

Read More “Stock markets rebound in early trade after four days of decline; Sensex jumps 448 points” »

Business

Rupee strengthens past 90 per U.S. dollar-level in early trade

Posted on December 19, 2025 By admin
Rupee strengthens past 90 per U.S. dollar-level in early trade

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee appreciated 24 paise to 89.96 against the U.S. dollar in early trade on Friday (December 19, 2025), supported by corporate dollar inflows and easing crude oil prices. Forex traders said the gain in the USD/INR pair follows the rupee’s string of record…

Read More “Rupee strengthens past 90 per U.S. dollar-level in early trade” »

Business

Alembic Pharma gets USFDA nod for Travoprost glaucoma drug

Posted on December 19, 2025 By admin
Alembic Pharma gets USFDA nod for Travoprost glaucoma drug

The U.S. FDA approval came for its Abbreviated New Drug Application (ANDA) for Travoprost Ophthalmic Solution. File. | Photo Credit: Reuters Drugmaker Alembic Pharmaceuticals has received final approval from the U.S. Food and Drug Administration (U.S. FDA) for its Abbreviated New Drug Application (ANDA) for Travoprost Ophthalmic Solution USP, 0.004% (ionic buffered solution). The approved…

Read More “Alembic Pharma gets USFDA nod for Travoprost glaucoma drug” »

Business

U.S. FDA issues five observations to Aurobindo Pharma arm

Posted on December 19, 2025 By admin
U.S. FDA issues five observations to Aurobindo Pharma arm

The U.S. FDA inspected Unit-IV of APL Healthcare in SPSR Nellore District, Andhra Pradesh, from December 8 to 17 and issued a Form 483 with five observations. | Photo Credit: Reuters The U.S.Food and Drug Administration has issued five observations to Aurobindo Pharma subsidiary APL Healthcare’s unit in Andhra Pradesh. The U.S.FDA inspected Unit-IV of…

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Business

​Temporary relief: On trade performance, deeper distress ahead

Posted on December 18, 2025 By admin
​Temporary relief: On trade performance, deeper distress ahead

India’s remarkable merchandise trade performance in November should come as some relief for the government, but should not be the basis for any complacency. India’s merchandise exports, hit by the stiff headwind of 50% tariffs by the United States, the biggest export destination, unexpectedly grew 19.4% to $38.1 billion in November 2025. This is the…

Read More “​Temporary relief: On trade performance, deeper distress ahead” »

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