IndiGo turmoil escalates: Government caps fares, orders refunds, summons CEO – top points

Representative image (AI-generated) NEW DELHI: IndiGo’s nationwide operational crisis entered its fifth day on Satuday, with the airline cancelling over 800 flights, even as the government tightened oversight, imposed fare caps, ordered immediate refunds and warned of regulatory action for any non-compliance. While the disruptions continued to affect thousands of passengers across the country, the…

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Clean energy surge: India adds record 31.25 GW non-fossil capacity this year, says Pralhad Joshi

India has recorded its highest-ever annual addition of clean energy capacity, with 31.25 GW of non-fossil power added in the current financial year so far, Union minister for new and renewable energy Pralhad Joshi said on Friday, highlighting the country’s accelerating energy transition. Of the total addition, solar capacity alone accounted for 24.28 GW, underscoring…

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Trump sanctions impact: India’s crude oil imports from Russia set to hit 4-year low; but how long will the drop last?

Deliveries of Russian oil to India are projected to decrease to around 600,000 barrels per day next month. (AI image) Donald Trump’s sanctions on Russian crude majors may have the effect of India’s oil imports from Russia dropping to a four year low in January 2026. The Trump administration has been piling pressure on India…

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Fare relief move: Air India waives change, cancellation fees on domestic bookings after IndiGo disruption

Five days after widespread flight disruptions triggered by IndiGo cancellations, Tata Group-owned Air India on Saturday announced a special waiver on change and cancellation charges for eligible domestic bookings, aiming to offer relief to affected travellers, PTI reported.The airline said customers who booked tickets on Air India or its subsidiary Air India Express on or…

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IndiGo fiasco: 87% flyers back class action under Consumer Protection Act, says survey

As many as 87% of IndiGo passengers surveyed want the airline’s service deficiencies to be examined under the Class Action provisions of the Consumer Protection Act (CP Act), 2019, following widespread flight cancellations and delays, according to a survey cited by PTI.The survey, conducted by LocalCircles, comes in the wake of IndiGo cancelling hundreds of…

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Power as ‘currency’: Experts say data centre growth lifts demand; India poised for global leadership

India’s expanding data centre and artificial intelligence ecosystem could position the country as a global leader in power trade, with experts pointing to surplus electricity capacity and rapid reforms in the power distribution sector, according to speakers at a national conference on energy and technology.Speaking at the National Conference on AI and Machine Learning based…

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Volkswagen capex recalibration: Automaker pares 2030 investment to $186 bn; China, US headwinds grow

Volkswagen Group plans to invest €160 billion ($186 billion) through 2030, a scaled-down outlay that reflects tightening capital allocation as Europe’s largest automaker grapples with mounting pressure in its two biggest markets — China and the United States, Reuters reported.The investment figure, announced by Volkswagen CEO Oliver Blume, is part of the company’s rolling five-year…

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‘Next big clean-up’: FM Sitharaman flags customs simplification; hints at duty rationalisation in Budget

Ahead of Budget 2026, Finance Minister Nirmala Sitharaman on Saturday said simplifying India’s customs framework will be the government’s next major reform focus, signalling a comprehensive clean-up aimed at making compliance easier and more transparent.Speaking at the HT Leadership Summit, Sitharaman said customs reforms would follow the rationalisation efforts already undertaken in income tax and…

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