Business

IndiGo, on Thursday, canceled 67 flights, with 63 due to expected bad weather and 4 for operational reasons. The cancellations affected several airports including Agartala, Chandigarh, Dehradun, Varanasi, and Bengaluru. This comes while the airline is already under DGCA monitoring following massive flight disruptions earlier this month.The winter fog season, as announced by DGCA, runs…

NEW DELHI: Demand for industrial and logistics spaces hit an all-time high this year, with leasing volumes rising nearly 19 per cent to 76.5 million square feet across 24 major cities in India, according to Savills.Real estate consultant Savills India data showed that the manufacturing sector took on lease 29 per cent of spaces, followed…

India’s IPO street is gearing up for one of the most bustling years ahead as 2026 is expected to see a wave of big-ticket listings. These initial public offerings will range from telecom and fintech to consumer internet and financial services. Regulatory data cited by ET shows that 84 companies have already received clearance from…

NEW DELHI: India would soon establish itself in the semiconductor industry by starting exports, even though it’s entry was late, said Union home minister Amit Shah.“We have made a strong entry into the semiconductor industry, although a bit late. In no time, we will not only become self-reliant in the semiconductor sector, but will also…

Representative image (AI-generated) The Food Safety and Standards Authority of India (FSSAI) issued a clarification on the use of the word “tea” on food packaging and labelling, stating that only beverages made from the plant Camellia sinensis can legally be sold as tea.According to the press release issued on Wednesday, the food regulator said that…

Many Indians looking to transfer money overseas are facing tightened scrutiny from high street banks, demanding to provide detailed proof behind the origin of the funds. This comes as rupee continues to slide against the US dollar and many rush to move their funds abroad. Over the past month, at least two Mumbai-headquartered private sector…

India remains very constantly engaged with the United States to find a mutually beneficial and balanced trade arrangement as early as possible, India’s Ambassador to the US Vinay Mohan Kwatra said.“On trade and tariff…we remain very constantly engaged with the United States Trade Representative (USTR) with the hope to find a mutually beneficial and a…

You might soon be able to grab your favourite bites from that one fast-food giant—right at your local railway station!Leading global and Indian restaurant and food chains have began approaching Indian Railways to seek clarity over the rules for setting up premium food and beverage outlets at railway stations. The fast food chains believe that…

NEW DELHI: Bharti Enterprises and Warburg Pincus on Wednesday announced a strategic investment in Haier India, a subsidiary of Chinese consumer electronics maker Haier Group, picking up a collective 49% stake in the company. This is the second major Chinese company to have sold a sizeable stake in its Indian business after MG Motor, a…

India’s ambition of exporting goods and services worth $1 trillion by the end of FY26 is likely to remain out of reach, Global Trade Research Initiative (GTRI) predicted in its latest report on Thursday, pointing to weak merchandise shipments due to weak global demand and increasing protectionist trends.Ajay Shrivastava, founder of the economic think tank,…