IndiGo has cancelled over 200 flights today, including 73 from Bengaluru, 85 from Mumbai and 33 from Delhi, amid crew shortage leading to chaos at airports nationwide. This comes a day after the airline cancelled or delayed over 200 flights, which caused DGCA to summon its officials. The shortage was sparked by the implementation of new rest-and-duty norms for pilots.

Incannex shares jumped nearly 15% after the FDA granted Fast Track status to IHL-42X, its oral therapy for obstructive sleep apnea. The designation, supported by strong Phase 2 results, offers benefits like rolling review and increased FDA interaction. Retail sentiment highlighted the significant unmet need and long-term optimism for the treatment.

Bristol Myers stock rose over 4% after JPMorgan and William Blair endorsed the company's decision to expand enrollment in the ADEPT-2 Phase 3 Alzheimer psychosis trial. A monitoring committee recommended continuing the study after interim review, drawing renewed retail optimism and speculation of upside into March.

Micron said Wednesday it will exit its Crucial consumer business and stop selling the brand's products at major retailers while continuing shipments through February 2026. The company pledged ongoing warranty support during the transition. Chief Business Officer Sumit Sadana said the move aims to improve supply and service for Micron's larger, faster-growing customer segments.

Capricor shares surged over 440% after its cell therapy Deramiocel met primary and key secondary endpoints in the pivotal HOPE-3 Phase 3 trial for Duchenne muscular dystrophy. The 12-month, placebo-controlled study of 106 participants showed meaningful improvements in muscle and heart function, with most patients already showing cardiomyopathy at baseline.

Robotics stocks jumped after reports claimed that the Trump administration may issue a 2026 executive order to speed industry development. Commerce Secretary Howard Lutnick met with robotics CEOs and signalled strong support, reports added. iRobot surged nearly 62%, Richtech gained about 6%, and Tesla rose 3%, with retail sentiment turning highly bullish.

Apple shares touched a record $288.61 on Wednesday as optimism grew around iPhone 17 demand and IDC projected roughly 247.4 million iPhone shipments this year, the highest in the products history. The stock has gained about 6% in a month, outperforming peers. Apple also named Amar Subramanya to lead its AI efforts, reinforcing investor confidence.

Dollar Tree stock rose over 3% after the retailer raised its 2025 earnings outlook to $5.60 - $5.80 per share and lifted its sales forecast to as much as $19.45 billion. Same-store sales grew 4.2% in Q3 on higher average ticket size, and management signaled confidence in strong holiday-season demand.

Rivian is recalling nearly 35,000 electric delivery vans models from 2022-2025 due to potential risks in the driver's seat belt pretensioner cable caused by repeated misuse. The company has issued an over-the-air update to detect misuse and will inspect or replace the assembly free of charge, according to the NHTSA.

IndiGo parent InterGlobe Aviation's shares declined 3% in early trades on Thursday, extending its losing streak to five straight sessions. This comes after its operations were hit due to crew shortage resulting in cancellation of several flights. The Directorate General of Civil Aviation summoned its officials over the matter. Notably, the company's stock has fallen nearly 9% since November 27.

Salesforce reported record third-quarter results for fiscal year 2026, with its revenue rising 9% year-on-year to $10.3 billion. It raised its fiscal 2026 revenue and adjusted profit forecasts on the back of growth in its AI agent platform due to strong enterprise demand. Earlier in September, Salesforce CEO Marc Benioff revealed the company slashed 4,000 jobs due to AI agents.

Zoho Co-Founder Sridhar Vembu shared an article on Palantir offering high-school graduates the opportunity to skip college and join the company, saying, "Smart American students now skip going to college and forward-thinking employers are enabling them." He also urged educated Indian parents and firms to "pay attention", adding, "At Zoho, no job requires a college degree."

Compact cars and SUVs drive 75% of India's motor insurance claims, with compact cars accounting for 44% and SUVs 32%, a report by PolicyBazaar said. EVs form 1% of claims but have the highest repair costs. Lucknow leads in claim frequency, while NCR cities face steeper repair bills. Most claims involve own-damage, with petrol vehicles dominating overall volumes.

Directorate General of Civil Aviation (DGCA) summoned IndiGo officials as nationwide flight cancellations hit the country's biggest airline for the third straight day on Thursday, reports said. It asked IndiGo to explain the disruptions and submit plans to reduce them. The watchdog has also reportedly launched an investigation into the disruptions, for which the airline cited "operational issues".

While discussing the Central Excise (Amendment) Bill, 2025, in Lok Sabha Finance Minister Nirmala Sitharaman said the states have asked for a 50% share in central taxes. "This is for Finance Commission to decide…no state will get less than what…[it] decides," she added. "This is not a new law…not something that Centre is taking away," she said on the bill.

More than 200,000 respiratory illness cases were recorded in Delhi's six major state hospitals between 2022 and 2024, with over 30,000 hospitalisations, the government told Parliament. Pollution levels, often 20-times the WHO limit, continue to overwhelm hospitals, especially with sick children. Driven by weather conditions, stubble burning, Delhi's toxic air has prompted judicial intervention.

The Madras High Court has ordered YouTube to block a video review by the channel Buying Facts after a water-treatment company alleged defamation and trademark infringement. The court ruled that YouTubers cannot damage a company's reputation under the guise of reviews and granted an interim injunction. The case underscores growing legal scrutiny on misleading or malicious online product reviews.

The dollar hit a five-week low while Asian stocks made a lacklustre start to the trading session on Thursday, after weaker-than-expected economic data cemented expectations the Federal Reserve will cut interest rates at its meeting next week. Nikkei 225 gained 0.8%, while Asia-Pacific shares outside Japan dipped 0.1%, dragged by Korea and New Zealand, with S&P 500 futures flat.

India's equity benchmarks are likely to open muted on Thursday, but foreign outflow jitters and a depreciating rupee could continue to dampen sentiments. GIFT Nifty futures were trading at 26,073.5 as of 07:40 am IST, indicating that the Nifty 50 will open near Wednesday's close of 25,986.

Oil prices moved slightly higher on Thursday after Ukrainian attacks on Russia's oil infrastructure signalled potential supply constraints, and stalled peace talks tempered expectations of a deal restoring Russian oil flows to global markets, though weak fundamentals kept gains limited.

India has approved a revised alignment for the Pune-Nashik high-speed corridor after the earlier route was rejected for interfering with the GMRT observatory. The new route via Shirdi, Puntamba, Nimblak, and Ahilyanagar will enhance tourism, industrial connectivity, and educational mobility, especially by linking Pune with the Chakan industrial hub.

The US dollar was soft on Thursday after lacklustre economic data cemented the case for a rate cut from the Federal Reserve next week, providing relief to the yen and pushing the euro to its highest level in nearly seven weeks. Investors eye Kevin Hassett as possible next Fed Chair, expecting more rate cuts.

Ahmedabad will soon get India's first 16-storey railway station, a vertical multimodal hub integrating conventional trains, the Mumbai-Ahmedabad bullet train, metro services and road transport. Built above Kalupur station platforms, the structure will feature modern concourses, retail space and seamless transfers. Expected by July 2027, the project aims to reduce congestion.

Three commuters on Mumbai's Parel-Kalyan AC local were detained for using AI-generated fake season tickets. Railway officials flagged the tickets after noticing identical UTS numbers and confirming no valid tickets were issued. The passengers were booked under cheating and forgery provisions of the BNS. Central Railway has intensified checks and warned that image-based tickets are invalid.

Investment group CLSA technical analyst Laurence Balanco expects Nifty to climb to 28,800 levels during the course of the next year. "We expect seasoned strengths to come through in December and start off 2026 on a positive note," Balanco said. Talking about improvements in the Nifty Metals Index, he expects gold prices in particular to reach $5,100 per ounce levels.