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IndiGo CEO Pieter Elbers expects fewer than 1,000 flight cancellations on Saturday, with operations normalizing between December 10-15. The airline scrapped over 1,000 flights due to planning gaps in new Flight Duty Time Limitations (FDTL) norms, apologizing for the disruption. The DGCA has paused the FDTL rules, and a high-level inquiry is underway.

Indian markets are inching towards record highs, mirroring a quiet week on Wall Street. Retailers like Ulta Beauty and Victoria’s Secret are driving gains, while Netflix’s acquisition news caused a dip. Investors are anticipating a Federal Reserve rate cut next week, aiming to bolster the job market despite inflation concerns. Global markets show mixed trends.

India can boost its exports to Russia seven-fold, reaching $35 billion by 2030, by tapping into sectors like food, pharmaceuticals, and textiles. Currently, trade is heavily skewed towards oil imports, with exports lagging significantly. A key hurdle is the lack of a predictable payment system, hindering broader market access for Indian goods.

Amidst US sanctions on Russian oil majors, President Putin has assured India of consistent energy supplies, including oil, gas, and coal. This comes as India faces US pressure over its crude oil trade with Russia. Beyond fossil fuels, Russia is also deepening collaboration with India in nuclear energy, transport logistics, and advanced technology sectors.

Individuals with a net tax liability exceeding Rs 10,000 must pay advance tax in four installments, with specific exemptions for resident senior citizens without business income and salaried individuals whose tax is fully covered by TDS. Certain incomes like capital gains can be paid in the subsequent quarter after earning.

Russian President Vladimir Putin’s visit to India aims to significantly boost economic cooperation, with New Delhi seeking to reduce its trade deficit and expand market access for Indian goods like pharmaceuticals and agricultural products. The trip, accompanied by a large business delegation, is expected to yield agreements in shipping, healthcare, and connectivity, alongside a long-term

A decade-old Sovereign Gold Bond investment has yielded over four times its initial value, with a Rs 1 lakh stake now worth more than Rs 4.4 lakh. The Reserve Bank of India announced the final redemption price for the 2017-18 Series-X tranche, which matured after eight years. Investors also benefited from a 2.

Despite Nifty 50 and Sensex reaching record highs, broad market optimism is limited as nearly half of NSE’s top 500 stocks lag key technical benchmarks. Only 40% of Nifty 500 stocks are above their 50-day SMA, indicating weak market breadth driven by large-cap gains. Retail investors remain cautious, with many mid and small-cap stocks still