December 5, 2025

IndiGo Faces Massive Disruptions: 400+ Flight Cancellations and Long Passenger Delays

IndiGo cancelled over 400 flights on December 5 due to pilot rostering problems. Passengers faced long delays, protests, and lost baggage. DGCA approved exemptions to ease pilot rules.

December 5, 2025

RBI to Inject ₹1 Lakh Crore Liquidity via OMO and $5 Billion USD/INR Swap in December

The Reserve Bank of India will buy ₹1 lakh crore of government securities and execute a $5 billion USD/INR swap to ensure smooth market liquidity amid upcoming tax payments.

December 5, 2025

IndiGo's On-Time Performance Slumps to 8.5% Amid Crew Issues and Flight Cancellations

IndiGo's punctuality nosedives to 8.5%, forcing flight cancellations due to crew problems. Competitors Air India and Akasa Air fare better on Thursday.

December 5, 2025

Nine Fugitive Economic Offenders Owe Banks ₹58,000 Crore; SBI Recovers 52%

Nine fugitive economic offenders owe Indian banks more than ₹58,000 crore. SBI leads with a 52% recovery rate, mainly from Vijay Mallya's case. Other banks recover less than 40%.

December 4, 2025

Rodney Burton Seeks Release, Claims He Was Duped by Sam Lee's $3bn HyperVerse Ponzi Scheme

Rodney Burton, accused in a $3bn global Ponzi scheme, says in US court he was tricked by Australian Sam Lee. Burton urges release claiming good faith and due diligence in promoting HyperVerse.