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Subscribe to enjoy similar stories. India's largest airline IndiGo expects to fly 200 million passengers annually by 2030, an 80% increase from the 113 million passengers it flew in 2024, led by its fleet expansion from 439 aircraft to 600 by the end of the decade. Top executives of InterGlobe Aviation, IndiGo's parent company, told analysts in Gurugram on Wednesday that the airline would expand beyond its domestic network to lucrative international routes, taking its share of international outbound traffic to 40% from the current 28%.

Subscribe to enjoy similar stories. While the Public Provident Fund (PPF) has lost some of its sheen over the years as interest rates have slipped gradually — 7.1% at present — several investors still prefer it given the tax benefits it offers, the safety of government backing and stability as a debt investment. Although the PPF has a 15-year maturity, there are rules and conditions for the withdrawal of funds from the account before maturity.

Also read: IndusInd Bank depositors! Here's RBI's opinion on the bank's financial stateIndusInd Bank depositors! Here's RBI's opinion on the bank's financial state However, the Press Information Bureau (PIB) has factchecked this claim stating it as fake news. According to the PIB Factcheck, “A news report by Lokmat Times claims that starting from April, banks across the country would operate 5 days a week, following a new regulation issued by RBI. PIBFactCheck: This claim is Fake. For official information related with Reserve Bank of India, visit: https://rbi.org.in.”

direct tax demand is «difficult to collect», Income Tax Department has informed a Parliamentary panel. When the Standing Committee on Finance expressed concern over the huge arrears of demand and desired to know the possible steps, including a moratorium, that can be taken to address this, the Chairman of CBDT told the panel that arrears are a cause for concern. «We have around Rs 43,00,000 crore of arrear demand which is a cause of concern for us. Partly, this is a legacy issue. This arrear pertains to mid-90s also because earlier what used to happen was there was essentially a manual registers that we were keeping,» the CBDT Chairman told the panel. The report of the Standing Committee on Finance has been tabled in Parliament. The Revenue Secretary informed the panel that a lot of this demand is also «fictitious». The Committee found that in respect of Direct Taxes, Rs 10,55,906 crore tax arrears are pending for five or more years.

Subscribe to enjoy similar stories. On 30 November 2022, technology started talking back. It was the day when OpenAI unleashed ChatGPT into the wild.

Subscribe to enjoy similar stories. Nvidia is doing just fine. Lately, it has seemed harder to convince the world of that simple truth.

Emkay Investment Banking said on Thursday. While volatility has slowed activity on the deal street, the government’s divestment drive is expected to revive momentum. The Department of Investment and Public Asset Management (DIPAM) has set a divestment target of Rs 47,000 crore for fiscal year 2026, creating a significant opportunity for investment banks, Emkay said on the industry outlook.

5G data consumption in India has peaked to 40 GB per user per month and its total subscriber base is expected to grow by 2.65 times to around 770 million in the next three years, telecom gear firm Nokia said on Thursday. The mix of data consumption across 4G, 5G etc has increased by compounded annual growth rate of 19.5 per cent over five years to 27.5 GB in 2024, Nokia's annual mobile broadband index (MBiT) report said. According to the report, there was a remarkable three-fold year-on-year surge in 5G data traffic across India in 2024. «Average 5G data consumption in India per user was recorded at 40 GB in December 2024. We expect the 5G user base to grow to around 770 million by 2028 from 290 million in 2024,» Nokia India, Head of Technology and Solutions (Mobile Networks), Sandeep Saxena said during the report launch.

Subscribe to enjoy similar stories. Foreign institutional investors (FIIs) have been shifting their focus from large-cap stocks to select smaller companies, reshaping investment patterns in the Indian market. In the December 2024 quarter, FIIs increased their stake in only nine Nifty 50 firms while trimming positions in the rest.

This year, 13-year-old Vaibhav Suryavanshi, will already become the youngest player ever to feature in the cash-rich tournament. Here are the five youngest players participating in the IPL 2025.

Modern wicketkeepers are expected to be all-round performers, delivering match-winning knocks, guiding bowlers, and often leading teams. In IPL 2025, several franchises are banking on their wicketkeepers to shape their campaign. Here’s a look at the key wicketkeepers for each team this season. 1. Rishabh Pant (Lucknow Super Giants — LSG) Rishabh Pant, now leading Lucknow Super Giants, is under pressure to justify his INR 27 crore deal. Despite missing out on the Champions Trophy 2025, Pant’s aggressive batting and leadership skills will be crucial for LSG. His ability to perform in high-pressure situations will be closely watched this season. 2. MS Dhoni (Chennai Super Kings — CSK) Though no longer captain, MS Dhoni remains a key figure for Chennai Super Kings. Under Ruturaj Gaikwad’s leadership, Dhoni’s experience and game awareness will be invaluable. His ability to finish games and guide younger players could be crucial for CSK’s title ambitions.

In IPL 2024, Kolkata Knight Riders (KKR) lifted their third title with a dominant bowling attack, where five bowlers claimed 17 or more wickets. As teams prepare for the challenge, the competition for the Purple Cap—awarded to the tournament’s highest wicket-taker—is expected to be fierce. The accolade is more than just a statistic; it highlights the impact bowlers have in their team’s journey toward the playoffs and beyond. With a mix of experienced pacers and rising stars, IPL 2025 will see another competitive race for the Purple Cap. Here are the top 10 contenders for the IPL 2025 Purple Cap

Virat Kohli will hope to make it 18th time lucky as he embarks this weekend on his latest quest to finally win the Indian Premier League while a 13-year-old could make tournament history. The high-octane T20 competition sees the 10 teams pack 70 league matches into eight weeks before the top four battle for supremacy in the playoffs, culminating in the May 25 final at Kolkata's Eden Gardens. The 36-year-old Kohli, who retired last year from T20 internationals, silenced his critics as India lifted the Champions Trophy this month. But his Royal Challengers Bengaluru (RCB) have never won the IPL, the richest competition in cricket, despite reaching the final in 2009, 2011 and 2016. «It's pretty much come down to just the pure joy, enjoyment, competitive streak and love for the game. And as long as that is there, I will continue to play,» Kohli said this week after speculation about his future.

balanced advantage funds to new and inexperienced investors for a while now. These advisors believe that these schemes are ideally placed to take care of the current market conditions because of their dynamic portfolio. Advisors are also recommending these schemes to investors to park their lumpsum amounts. Balanced advantage funds invest in a mix of stocks, debt, and arbitrage opportunities. These funds decide their equity exposure depending on key market ratios or in-house parameters. They invest less in stocks when the market is very high or valuations are stretched. They invest more in equity when stocks are available at attractive valuations. In short, BAFs do the job of juggling equity exposure for investors. Also Read | 20 equity mutual funds see double digit losses in FY25. Are any of these part of your portfolio?

Subscribe to enjoy similar stories. A laser-sharp focus on the US market in a world being reshaped by artificial intelligence has cast shadows over three Indian tech services companies catering to healthcare and life sciences companies. Lack of diversified businesses, policy uncertainty in the Donald Trump era, and the challenges of GenAI pose major risks for Sagility Ltd, Indegene Ltd, and Inventurus Knowledge Solutions Ltd, all of which listed on the stock exchanges in the past year, analysts said.

Bitcoin price has gone down from all-time high of around $110,000 to a threshold of almost $80,000 but experts are predicting that the most popular Cryptocurrency may hit $250,000-mark by the end of 2025, as per a report. While there have apprehensions about a major fall in Bitcoin price, Cryptocurrency experts have predicted that the Donald Trump administration is likely to store the high-profile cryptocurrency even as Federal Reserve could well intervene to restore some semblance of order, Forbes reported. Bitcoin price could well peak to $250,000 by the end of the year once the Federal Reserve takes stern measures, Forbes reported quoting crypto trader Arthur Hayes. Earlier in March, U.S. President Donald Trump signed an executive order to establish a strategic bitcoin reserve, a day before meeting with executives from the cryptocurrency industry at the White House. The reserve will be capitalized with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings, the White House crypto czar, billionaire David Sacks, said in a post on social media platform X.

Enforcement Directorate (ED) will soon file a supplementary prosecution complaint (equivalent of a charge sheet) against former Union railways minister Lalu Prasad, Rabri Devi and their kin for their alleged involvement in the land-for-jobs case, said people in the know. The federal agency quizzed Lalu at its Patna office on Wednesday. Lalu's wife Rabri Devi, former chief minister of Bihar and their son Tej Pratap Yadav were questioned by the ED on Tuesday. According to agency sources, after filing the supplementary prosecution complaint, ED will push for commencement of trial against Lalu and co-accused in the case. «This will be the last prosecution complaint following which we would argue on framing of charges against the accused so that the trial can be kickstarted. This is one of the top priority cases for the agency,» said a senior official. According to agency sources, Lalu, Rabri and Tej Pratap were again summoned by the agency to confront them with the supplementary charge sheet recently filed by the CBI. In its latest charge sheet, the CBI had referred to five more parcels of land allegedly usurped by Lalu and his kin in lieu of jobs given to railway employees. Following CBI's recent revelations, the ED also quizzed Lalu and his kin pertaining to the five land parcels, said people in the know. But Lalu and his kin have denied the accusations levelled against them.

National Highways Authority of India (NHAI) network has long sparked controversy, with protests simmering in many states. The challenges are well-documented: lack of executive transparency, excessive bureaucratic control, inadequate compensation and insufficient rehabilitation measures, leading to protracted legal disputes.

Aaryan Shukla, the 14-year-old 'human calculator', the teenager took to social media to reveal the secret behind his talent. «Thank you very much Sir. I am a Mental Calculator (Human Calculator). The technique is called „Flash Anzan“ where you have to process the numbers flashing on the screen at lightning speed. The base is Abacus. While I have been training for last 8 years to achieve this. Thanks!» said Aaryan Shukla in reply to Anand Mahindra.

Lahaul and Spiti and Kinnaur (above 2,900 metres), a yellow alert (partly unsafe conditions) for Kullu and a green alert (isolated instability) for the Shimla district. Weather remained mainly dry in the state over the past 24 hours since Tuesday evening. However, light snow was witnessed near the Atal Tunnel, Rohtang, and Lahaul and Spiti police have advised commuters to be cautious and stay updated about weather conditions. The road is open for traffic but as a precautionary measure, all tourist 4x4 vehicles have been directed to return towards Manali from the north portal of the tunnel, the police said. The Met office has predicted light rain and snow at isolated places in Lahaul and Spiti, Kinnaur and the higher reaches of Chamba, Kangra and Kullu districts on Thursday and Friday. Keylong recorded the lowest night temperature of minus 5.8 degrees Celsius.

The latest filings with the US Securities and Exchange Commission (SEC) revealed that insiders have disposed of more than $100 million worth of Tesla shares since early February, reported ABC News. The selloffs have raised questions about whether the actions are an indicator of bad news to come for the company or merely a normal course of business, according to the report.