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IndiGo disruptions: CCI seeks details from airline, DGCA; probe on dominant position underway

The Competition Commission of India (CCI) has sought information from IndiGo and aviation regulator DGCA to assess whether the country’s largest airline indulged in unfair business practices following widespread flight cancellations last month, PTI reported citing sources.In early December, IndiGo, which commands over 63% share of the domestic aviation market, faced major operational disruptions that…

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Anil Agarwal’s son dies in US

Agnivesh Agarwal, the eldest son of mining billionaire Anil Agarwal, passed away in the US. He was 49.Agnivesh, who was on the board of Vedanta group firm Talwandi Sabo Power Limited (TSPL), was recovering from an undisclosed illness at the time of his death.Anil Agarwal has two children: his late son, Agnivesh, and a daughter,…

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US jobs data: Job openings slide to near five-year low; hiring stays sluggish despite solid growth

US employers posted significantly fewer job openings in November, signalling that hiring remains subdued even as economic growth has picked up, according to data released by the Labor Department. Businesses and government agencies reported 7.1 million open jobs at the end of November, down from 7.4 million in October. While hiring remained weak, layoffs also…

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MF outreach push: Sebi extends deadline for distributor incentives; rollout now from March 1

Markets regulator Sebi has extended the timeline for implementing an additional incentive structure for mutual fund distributors to March 1, allowing more time for asset management companies to put systems in place, according to a circular issued on Wednesday.The revised framework, aimed at encouraging onboarding of new individual investors from B-30 cities and new women…

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MF outreach push: Sebi extends deadline for distributor incentives; rollout now from March 1

Markets regulator Sebi has extended the timeline for implementing an additional incentive structure for mutual fund distributors to March 1, allowing more time for asset management companies to put systems in place, according to a circular issued on Wednesday.The revised framework, aimed at encouraging onboarding of new individual investors from B-30 cities and new women…

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Senior Citizens Savings Scheme: At 8.2% interest rate, how does SCSS compare to bank FDs, RBI bonds, mutual funds? Explained

SCSS accounts help earn interest payments on a quarterly basis. (AI image) Senior Citizens Savings Scheme or SCSS is a popular Post Office investment and savings scheme for senior citizens and retired individuals. The government-backed scheme is seen as a guaranteed cushion for regular interest income flow, especially for individuals who are looking for high…

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Robust economy! India’s GDP growth projected at 7.4% in FY26 – government releases first advanced estimates

Indian economy (AI image) India’s economy will grow at a robust 7.4% in the financial year 2025-26, according to the first advanced estimates of Gross Domestic Product released by the National Statistics Office (NSO). This is much higher than the 6.5% growth in the previous financial year. Nominal GDP is expected to rise by 8.0%…

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