US strikes on Iranian nuclear facilities inject uncertainty into a weakening global economy. Downgraded growth forecasts from major financial institutions are now threatened by potential oil price surges and trade disruptions stemming from escalating conflict. Analysts anticipate further escalation and rising inflation, compounded by looming tariff deadlines, posing significant economic risks.
IndiGo shares snap 5-day losing streak to trade in green as airline responds to DGCA show-cause notice
IndiGo has formally responded to the DGCA’s notice concerning widespread flight cancellations and delays. The airline cited changes in pilot duty norms and minor technical