IndiGo announces pilot salary hikes across duty types after a flight crisis| Business News

IndiGo has announced pilot salary hikes across duty types, less than a month after a crucial change in roster norms crippled operations of India’s largest airline. The changes are effective 1 January 2026. An IndiGo aircraft. (Reuters) The airline operated by InterGlobe Aviation Ltd. has announced revised pilot salary for domestic layovers, deadhead, overnight flights […]

India clocks highest industrial growth in two years on robust manufacturing| Business News

India’s industrial growth in November was the fastest in two years, on the back of strong manufacturing and mining activity. India’s industrial output in April-November grew 3.3% as compared to a revised increase of 4.1% a year earlier, according to government data. (Mint Archives) The index of industrial production (IIP)—which measures factory output in the […]

Silver rate whipsaws ~9% today on persistent mismatch between supply and demand| Business News

The silver rate whipsawed in today after scaling an all-time high that briefly made the white metal a more lucrative assets than Nvidia’s stock. The silver rate surged as much as 5.99% to an intraday high of ₹2,54,174.00, before giving up all the gains and more to hit an intraday low of 2,33,120.00—down 2.78%. (Unsplash) […]

Goldman Sachs says next phase of market rally to see higher volatility| Business News

Interest-rate cuts by the Federal Reserve and firm growth should extend the economic cycle and support risk assets, though the next phase may be choppier, according to Goldman Sachs Group Inc. strategists. The logo for Goldman Sachs is seen. (Reuters) “Sturdy global growth coupled with non-recessionary Fed cuts should be positive for global equities, but […]

Indian investors are widening their investment portfolio in overseas market: Report| Business News

Indian investors are increasingly broadening their exposure beyond single-stock investments to include US equities, index and thematic ETFs, private market opportunities, and global funds, a report said. Image for represenational purposes only. (Pexels) This reflects a more structured approach to portfolio construction and a growing comfort with global market participation, a report titled ‘How India […]

Will 100% FDI amendment make insurance affordable in India?| Business News

For decades, India’s insurance challenge has been one of awareness, purchasing power parity and trust. A sustained focus on urban markets and standardised products led to low penetration, limited risk capacity and persistent protection gaps. This left numerous households uninsured. Image for representational purposes only. (Unsplash) The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) […]

Silver topples Nvidia to become world’s second most valuable asset after gold| Business News

Silver briefly eclipsed Nvidia Corp. to become the world’s second-most valuable asset on Monday, a historic reshuffling that signals a deepening rotation from technology stocks into tangible commodities. Silver is on track for an annual gain of more than 160%, its best performance since 1979. (Unsplash) The white metal’s total above-ground valuation climbed to $4.65 […]

Coforge signs $2.35-billion deal for Encora in push for AI-led technology services| Business News

Coforge Ltd. has agreed to acquire Encora Inc., a Silicon Valley-based software engineering firm, at an enterprise valuation of $2.35 billion, betting on the surging demand for AI-driven technology services. Coforge CEO Sudhir Singh. (AI Image/Handout) The Coforge-Encora acquisition deal will be funded through a preferential allotment of equity shares valued at approx. $1.89 billion. […]