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Fresh troubles loom for IndiGo as CCI likely to launch inquiry

IndiGo, which controls about 65% of the domestic aviation market, cancelled more than 5,000 flights so far this month, triggered by a severe crew shortage following its failure to implement new rest rules for pilots. This left thousands of passengers…

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Civil Aviation Minister Naidu blames IndiGo’s ‘internal mess’ for disruptions, says penalties will follow

IndiGo flight cancellations: Civil Aviation Minister K. Ram Mohan Naidu defended the government’s handling of flight disruptions, placing blame on IndiGo for failing to manage its crew and rostering systems. He asserted that the airline’s crisis stemmed from operational lapses,…

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Jefferies revamps 2026 portfolio: Cuts Indigo; adds BPCL, Axis Bank, 4 other stocks

Jefferies updates its India model portfolio for 2026, adding six stocks including Axis Bank, AU Small Finance Bank, BPCL, JSW Energy, Godrej Properties, and SAMIL, while removing ICICI Bank, NTPC, Tata Steel, Crompton Consumer, Belrise, and IndiGo.

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Warburg Pincus-backed Whatfix lays off 6% of staff; trims sales, marketing roles

The Bengaluru-based firm has handed pink slips to employees in its sales and marketing teams as increased adoption of artificial intelligence (AI) has led to a slowdown in the company’s growth over the past few quarters, one of the persons…

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IndiGo CEO Pieter Elbers claims airline’s operations are now stable

IndiGo CEO Pieter Elbers stated in a video message that the airline’s operations are now stable following a wave of disruptions. The airline has faced over 400 cancellations nationwide, affecting major airports including Bengaluru, Chennai, Hyderabad, Thiruvananthapuram, Ahmedabad, and Mumbai,…

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Donald Trump’s basmati bluster: Will it matter to India?

Donald Trump’s hinting of new tariffs on Indian rice imports has sent shockwaves through Indian markets, causing rice stock prices to plummet. While the US is a small export market, the move signals potential trade friction ahead of upcoming bilateral…

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  • India bond yields above 7%: Why debt fund investors may find a sweet spot in the 3–5 year segment

    Indian bond yields have crossed 7%, raising the question of where debt investors should look. Axis MF favours the 3–5-year segment, particularly high-quality corporate bonds and select SDLs, while remaining cautious on long-duration debt amid oil, inflation, and global rate risks.

  • 8th pay commission begins three-day state visit to Chandigarh tomorrow — What's on the agenda for meetings?

    The commission's three-day visit to Chandigarh from September 16-18 will focus on employee and pensioner issues. Here's a look at what's on the agenda for meetings with representatives from Punjab, Haryana, Himachal Pradesh and the UT of Chandigarh.

  • NPCI releases MDR framework for UPI transactions — Here's what changes for merchant payments

    UPI will remain free for all person-to-person transactions, merchant payments up to ₹2,000, and for small merchants, as per the NPCI's MDR framework. The organisation says it aims to promote digital payments and ensure UPI's sustainability.

  • ‘Give your future its share’: 8 tricks to handle your incomes, savings and investments | Pay Yourself First

    By reserving a fixed percentage of income immediately, individuals can reduce reliance on discipline and make spending decisions more manageable. Check all 8 tricks. 

  • New UPI MDR rules explained: Will you pay more? What it means for users like you and me

    UPI remains free for person-to-person payments under new MDR rules. Here's what changes for merchant payments and what it means for users like you and me.

  • CCPA imposes ₹10 lakh penalty on Rapido: How dark patterns and tipping prompts nudge you to pay more for a ride

    Rapido has been fined ₹10 lakh by the CCPA over prompts that allegedly nudged riders to pay more before rides were confirmed. Here’s what the regulator found, how dark patterns can influence spending and what consumers should check before agreeing to pay extra.

  • Pension Sakhis: Rural families to soon get a local guide for NPS and retirement planning

    The government is stepping up efforts to improve pension awareness and retirement planning in rural India through a network of Pension Sakhis. The community-led initiative aims to bring pension information and support closer to households and encourage greater focus on long-term retirement security.

  • UPI is no longer free for all as conditions apply

    The National Payments Council of India has announced merchant discount rate (MDR) on a host of UPI transactions, effective from 15 October, while keeping UPI free for some. Here's what has changed: 

  • UPI transaction charges: Who will pay, who will earn and will small transactions stay free – explained

    UPI transactions up to ₹2,000 stay fee-free under a new Finance Ministry notification, covering 96% of volume. Regulators are weighing a ~0.4% charge on larger merchant (P2M) payments, with banks getting 40% of the proceeds. P2P transfers remain free regardless of transaction value.

  • Mid-cap funds are hot with investors. What’s driving the rush and should you invest now? Here’s what fund managers say

    Mid-cap mutual funds continue to see strong investor interest, supported by earnings growth, domestic demand and the formalisation of the economy. But with valuations above historical averages, fund managers caution that stock selection and diversification are crucial.

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