Monday, August 31
Air India on Saturday clarified that they have proactively capped economy class fares on all non-stop domestic flights starting 4 December, aiming to shield passengers from sudden price spikes triggered by automated revenue management systems.The airline clarified that some expensive multi-stop or mixed-class fares seen on third-party platforms cannot be fully controlled, but it is working with these platforms to address the issue. — airindia (@airindia) In a post on X, Air India Spokesperson shared, "Air India & Air India Express clarify that, since 4 December, economy class airfares on non-stop domestic flights have been proactively capped to prevent the usual demand-and-supply mechanism being applied by revenue management systems. We are aware of screenshots of last-mi
Foreign Institutional Investors’ (FIIs) continued their selling in the first week of December, offloading Rs 11,820 crore worth of Indian equities. They have sold domestic shares worth Rs 1,55,495 crore in 2025 year-to-date.FII selling on Friday was to the tune of Rs 439 crore while the domestic institutional investors (DIIs) were net buyers at Rs 4,189 crore.While FIIs have not budged from their selling stance, VK Vijayakumar, Chief Investment Strategist at Geojit Investments said that their sell-off has been completely eclipsed by the sustained strong buying by DIIs who bought equity for Rs 19,783 crores during this period. “FIIs are selling now primarily because of the sharp depreciation of the rupee this year by around 5%. It is normal for FIIs to sell and take the money out during
Indian equity markets have spent nearly 18 months moving sideways, and according to Ashi Anand, Founder & CEO of IME Capital, this consolidation phase has been shaped by a mix of headwinds—weak growth, elevated interest rates, and geopolitical uncertainty. But the narrative is gradually improving. Anand notes that over the past 3–5 months, growth indicators have strengthened meaningfully. Broader market earnings for the latest quarter came in at 14–15%, commentary across sectors has turned more optimistic, and a series of demand-boosting measures—GST cuts, income-tax reductions, and lower interest rates—are beginning to work their way through the economy.“Growth has started to come back. After many quarters, there were some signs of optimism coming up from the recent quarte
