IndiGo crisis fallout: Stock sinks over 7% in four days; mass flight cancellations deepen passenger chaos

IndiGo’s parent company, InterGlobe Aviation, has seen its stock value plummet as a severe operational crisis leads to over 1,000 flight cancellations, stranding thousands. New pilot rest regulations are cited as the cause, with the airline expecting operations to normalize by mid-December. The disruption significantly impacts India’s air travel network.

Read More

Tech rules clash: EU slaps €120 million fine on Elon Musk’s X; says platform misled users and blocked researchers

European Union regulators have fined Elon Musk’s social media platform X 120 million euros. The penalty stems from violations of the bloc’s Digital Services Act. Regulators cited issues with paid verification badges, ad transparency, and researcher access. These practices could expose users to scams and manipulation. The decision highlights the EU’s commitment to user protection…

Read More

India-Russia summit: PM Modi & Putin announce five-year economic plan – top outcomes

India and Russia solidified a five-year plan to bolster economic and trade ties, aiming for $100 billion in annual bilateral trade. The agreement emphasizes energy cooperation, increased use of national currencies, and joint ventures in manufacturing and technology, demonstrating a commitment to strengthening their decades-old partnership amidst global uncertainties.

Read More

Rs 70k to B’luru but Rs 25k to London: Airfares explode amid massive IndiGo crisis; flyers rush for options

IndiGo’s massive operational chaos led to hundreds of flight cancellations and exorbitant domestic fares, with Delhi-Bengaluru tickets reaching Rs 70,000. International destinations like Thailand and London offered significantly cheaper alternatives. The airline’s miscalculation of pilot needs under new regulations caused widespread traveler distress and criticism over its management.

Read More

‘Opportunity for us’: RBI governor Sanjay Malhotra sees impact of Trump tariffs as ‘minimal’; says ‘should be able to come out of this stronger’

RBI Governor Sanjay Malhotra views US tariffs on Indian economy as a minimal impact, calling it an opportunity for diversification and productivity improvements. Despite a significant 28.5% drop in exports to the US from May to October 2025, the central bank believes the domestic demand-driven economy will emerge stronger.

Read More

IndiGo cancellations: On-time performance crashes to 8.5%! Chaos unfolds at airports with over 400 flights cancelled

IndiGo’s operational crisis deepened as on-time performance plummeted to 8.5% at major airports, leading to widespread cancellations and delays. The airline cancelled hundreds of flights, stranding passengers amidst overwhelming airport conditions. The DGCA has mandated a recovery roadmap, with IndiGo aiming for operational stability by February 2026.

Read More