IndiGo swings to Rs 2,537 crore Q4 loss as rupee depreciation, disruptions weigh on earnings

India’s largest airline, IndiGo, reported a consolidated net loss of Rs 2,536.9 crore for the March quarter, a significant shift from a profit of Rs 3,067.5 crore a year ago. The airline’s performance was impacted by a sharp rupee depreciation and a challenging operating environment, despite a rise in total income.

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Over 40L households now benefit from rooftop solar systems under Surya Ghar Yojana

Over 40 lakh households have adopted rooftop solar under the PM Surya Ghar Yojana, significantly boosting India’s clean energy transition. The scheme, launched in February 2024, is progressing at an unprecedented pace, with Gujarat leading installations. This initiative empowers citizens to become power producers, reducing electricity bills and generating income.

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US stock markets today (May 28, 2026): Wall Street stays near record highs despite fresh jump in oil prices

Indian markets remained steady near record highs despite rising oil prices due to Iran tensions. Strong corporate earnings, particularly from Dollar Tree and Kohl’s, bolstered investor confidence. While some companies faced headwinds from higher fuel costs, others like Snowflake saw significant gains driven by AI growth. Inflation data showed a slight acceleration, impacting Treasury yields.

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Centre plans coal gasification-based urea policy to cut gas import dependence

India is finalizing a new policy to boost urea production using coal gasification, aiming to slash reliance on imported natural gas and enhance self-sufficiency in fertilizer. This strategic move, expected within a month, leverages domestic coal reserves to secure vital agricultural inputs and conserve foreign exchange. The initiative aligns with broader government efforts to diversify

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Reliance bets big on AI to reshape content, streaming and viewer engagement

Reliance Industries is making artificial intelligence central to its media and entertainment strategy. The company aims to drive growth across streaming, television, and digital content. AI will redefine entertainment and audience engagement. Reliance is integrating AI into core operations for efficiency and to reshape content creation. This move is set to build deeper fan engagement

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