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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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  • Experts explain why retail investors remain big on SIPs despite volatile market — How investing has changed

    Recent AMFI data reveals retail investors exhibit strong participation that despite market volatility — SIP contributions rose 7.5% to ₹32,087 crore in March. We asked experts what is driving optimism among small investors and confidence in SIPs. Here's what they said…

  • REITs and InvITs AUM to double to ₹20 trillion by 2030: Should you invest in them?

    The regulatory framework for REITs and InvITs has improved a lot. As a result, mutual funds have increased their exposure to them. Going ahead, with the listing of new REITs and InvITs in existing and new sectors, investors will have a wide variety of options to choose from.

  • Switching jobs? Here is how you can convert your group health policy into an individual or family coverage plan

    Want to switch jobs and keep your current insurance plan? Here is what you can do to convert your employer group health policy into an individual or family coverage plan. Check eligibility, steps, rules…

  • Reporting errors, not evasion, spark most tax litigations, say experts

    The most avoidable source of tax litigation between individual taxpayers and the department is disputes over classification and disclosure—specifically, mismatches between how taxpayers report income or investments and how the department interprets them.

  • Home loan EMI: Why paying more than 30% of income could hurt your financial freedom

    A high home loan EMI can strain monthly finances and delay wealth creation. Experts recommend keeping EMIs within 25-30% of monthly income to maintain savings, investments and financial security while managing homeownership comfortably and preparing for unexpected expenses.

  • Bank holiday next week: SBI, HDFC, others closed for 4 days between 13 to 19 July; check here

    Private and public banks in India will be closed for four days from July 13 to 19, 2026, due to various holidays. Customers should check the RBI's holiday calendar and can still access online banking services during this period.

  • Over 1.7 cr taxpayers have filed ITRs for AY 2026-27; have you? – What happens if you miss the deadline

    ITR Form 1 (Sahaj) is for small taxpayers with income up to ₹50 lakh. Over 1.7 crore ITRs were filed for 2025-26, urging timely submissions before the July 31 deadline to avoid penalties and delays in refunds.

  • EPFO contributions evolve: Is it still lucrative investment as EPF rules, Labour Codes change? Experts explain the math

    With the new EPF rules and Labour Codes redefining contributions by employees and employers towards provident fund, we asked experts to explain how this impacts your monthly investment in the financial instrument. Here's what they said…

  • ITR filing now shapes your financial identity: 6 key benefits beyond tax compliance every taxpayer should know

    Income Tax Return filing has become more than a tax obligation. A timely and accurate ITR strengthens your financial identity, improves loan eligibility, supports visa applications, speeds up refunds and builds long-term financial credibility with lenders, insurers and financial institutions.

  • Chose the new tax regime? Here are 5 ways to reduce your tax while filing ITR for AY 2026-27

    The new tax regime features lower rates with fewer deductions, leading many salaried taxpayers to think they can't reduce tax liabilities. However, there are tax-saving provisions available. Here are five ways to lower your tax outgo.

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