More than 40,000 passengers were impacted by flight cancellations and another over 2.6 lakh faced long delays at Mumbai airport in the past week as IndiGo grappled with severe operational disruptions, Mumbai International Airport Limited (MIAL) said on Tuesday. According to MIAL, a total of 40,789 passengers were affected due to the cancellation of 905…

Credit provided by India’s capital markets could eventually surpass bank lending, Kotak Mahindra AMC managing director and CEO Nilesh Shah said on Tuesday, underscoring a structural shift in how the economy is financed.Speaking at an event in Mumbai, Shah said credit, which was traditionally dominated by banks, is increasingly being provided by capital markets and…

Multiple factors are affecting the rupee negatively. (AI image) The Indian rupee is under pressure and has been hitting new lifetime lows – crossing the 90 mark versus the US dollar. The rupee has depreciated 4.9% against the dollar in 2025, positioning itself as the third-worst performer among 31 major currencies, surpassed only by the…

US job openings showed little movement in October, signalling a cooling labour market at a time when the Federal Reserve is weighing another interest-rate cut amid mixed economic cues.Employers posted 7.67 million vacancies in October, almost unchanged from 7.66 million in September, according to the Job Openings and Labor Turnover Survey (JOLTS) released by the…