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Airbus recalls 6,000 jets, global flight disruptions expected
short by Bhawana Chaudhary / on 29 Nov 2025,Saturday
Airbus has issued an immediate recall of 6,000 planes of its widely used A320 fleet, which makes up about half of the European aircraft manufacturer's global fleet. The jets would undergo an urgent software update after investigators discovered a flaw that could prevent pilots from steering during solar storms. The recall is expected to trigger massive global flight disruptions.
short by Bhawana Chaudhary / 08:43 am on 29 Nov
On her visit to San Francisco, ALTRD founder Gayatri Agrawal saw a thriving AI hub backed by massive funding and billion-dollar ambitions. She realised India lacked infrastructure, not talent. With Google’s AI Futures Fund offering $350,000 to $500,000 cloud credits and up to $2 million in funding, Indian founders can now build global-scale AI from home.
short by / 01:14 pm on 29 Nov
Sleepy Owl’s $6.5 million Series A in 2021 accelerated its shift from a niche D2C brand to a national coffee player. With Rukam Capital's backing, it built stronger supply chains, expanded into 7,500 stores from 500, grew ARR from ₹20 crore to ₹100 crore+, added new brews and formats, and strengthened its digital-led consumer community.
short by / 12:37 pm on 29 Nov
Spot silver climbed to about $54.30 per ounce on Friday, nearing its record high of $54.50 as rising rate-cut expectations fueled demand. The metal is set for its biggest weekly gain since late May and remains above its 50-day moving average despite recent pullbacks. ING noted China silver inventories have fallen to decade-low levels, signaling potential supply pressure.
short by / 08:03 pm on 28 Nov
What are the major financial changes that will take effect from Dec 1?
short by Dharini Mudgal / on 29 Nov 2025,Saturday
Oil companies will revise LPG cylinder prices on December 1. Aviation turbine fuel rates will be recalibrated on December 1, possibly affecting airfares. Government employees have to choose between the Unified Pension Scheme and NPS before December 1. Pensioners must ensure their annual life certificate is submitted by November 30. Several income-tax filings must also be completed by November 30.
short by Dharini Mudgal / 10:17 am on 29 Nov
Multiple airlines are facing issues globally after Airbus recalled 6,000 A320 jets due to a software issue related to solar radiation. Those affected include American Airlines, Avianca, British Airways, Lufthansa, Wizz Air, Aer Lingus, Delta Air Lines and Turkish Airlines, among others. Notably, IndiGo, Air India and Air India Express have issued advisories following the recall.
short by Medhaa Gupta / 10:28 am on 29 Nov
Over 1,000 Amazon employees sent a letter to CEO Andy Jassy, warning the company of dire consequences if AI push is carried out at the cost of the human workforce. "Amazon is forcing us to use AI while investing in a future where it’s easier to discard us," they said. The letter comes a month after Amazon confirmed 14,000 layoffs.
short by Dharini Mudgal / 11:25 am on 29 Nov
Union Minister Gajendra Singh Shekhawat said India's tourism sector is poised to grow over 20% annually, driven by a rising middle class, strong economic growth and major infrastructure upgrades. He said the 2030 Commonwealth Games in Ahmedabad will further boost tourism, urging bold private investment to elevate India's global tourism potential.
short by / 06:05 pm on 28 Nov
IndiGo, Air India issue advisories after Airbus recalls 6,000 jets
short by Bhawana Chaudhary / on 29 Nov 2025,Saturday
IndiGo, Air India and Air India Express have issued advisories after Airbus ordered an immediate recall of 6,000 A320 jets globally due to a software issue. The airlines have requested passengers to check their flight status before heading to airports. "Recall will result in a software/hardware realignment…leading to longer turnaround time and delays to our scheduled operations," wrote Air India.
short by Bhawana Chaudhary / 09:33 am on 29 Nov
Delhi Police has booked the son and the wife of Kamla Pasand company owner Kamal Kishore in connection with the alleged suicide of his 38-year-old daughter-in-law, ABP News reported. Deepti Chaurasia was found hanging inside a room of her house. Her relatives alleged that she had faced prolonged harassment and claimed that her husband, Harpreet, had "illegally married someone else".
short by Dharini Mudgal / 09:33 am on 29 Nov
Which countries are the top talent hubs in the world?
short by Medhaa Gupta / on 29 Nov 2025,Saturday
Singapore has become the world's top talent hub, ranking first in INSEAD's 2025 Global Talent Competitiveness Index which measures how countries grow, attract, and retain talent. It was followed by Switzerland, Denmark, Finland and Sweden. Meanwhile, India climbed three spots to reach rank 100, while China fell to rank 53 from its previous rank of 40.
short by Medhaa Gupta / 09:00 am on 29 Nov
3,000 A320 planes were in the air when Airbus issued recall
short by Ankush Verma / on 29 Nov 2025,Saturday
Around 3,000 A320-family planes were in the air when Airbus issued a recall affecting more than 6,000 aircraft. Airlines from US, South America, Europe, India and New Zealand warned that the repairs could potentially cause flight delays or cancellation. Airbus said that replacing the software will take "a few hours" on most planes.
short by Ankush Verma / 09:07 am on 29 Nov
Economists on Friday hailed the 8.2 per cent gross domestic product growth for the second quarter (Q2 FY26) - a six-quarter high - as it surpassed estimates for the second consecutive time amid global headwinds and tariff concerns. The upside surprise in the Q2 GDP growth print was driven by services, even as the agriculture and industrial sectors largely reported prints along expected lines.
short by / 09:10 am on 29 Nov
India, which continues to be globally recognised for iconic teas such as Darjeeling, Assam and Nilgiri, needs to develop a wider catalogue of internationally marketable varieties, Commerce and Industry Minister Piyush Goyal said on Friday. India is among the world's largest tea producers and exporters, with nearly 255 million tonnes exported annually.
short by / 09:28 am on 29 Nov
In a Reddit post, an employee claimed their manager told them to apply for a full-day leave for forgetting to log their work-from-home (WFH) request on the same day. "I'm not sure if this is fair or if I'm overthinking," the employee said. "Not normal. Start preparing to leave this toxic setup," a user said, while another said, "That's unethical."
short by Medhaa Gupta / 01:42 pm on 29 Nov
14% govt contribution made on NPS to be restored after UPS switch
short by Vaishnavi Mishra / on 29 Nov 2025,Saturday
The 14% government contribution made on National Pension System (NPS) will be restored after subscribers switch to Unified Pension System (UPS), PFRDA Executive Director Sumeet Kaur Kapoor said. The growth that was accumulated during subscriber’s contribution to scheme will be credited back to UPS. "There will be no financial loss if subscribers choose to switch back to NPS," he added.
short by Vaishnavi Mishra / 11:13 am on 29 Nov
WinZO promoters made ₹177 cr illicit funds by cheating gamers: ED
short by Vaishnavi Mishra / on 29 Nov 2025,Saturday
ED alleged that the promoters of WinZO cheated genuine players by using a deceptive algorithm leading to the generation of illicit funds of ₹177 crore in about a year's time. It added that the directors diverted the proceeds of crime to their foreign subsidiaries. Earlier, ED arrested founders Saumya Singh Rathore and Paavan Nanda on the charges of money laundering.
short by Vaishnavi Mishra / 10:12 am on 29 Nov
Banks in talks to lend $38-bn to fund sites for OpenAI: Report
short by Ishita Ranganath / on 28 Nov 2025,Friday
A group of banks is in talks to lend another $38 billion for Oracle and data centre builder Vantage to fund further sites for OpenAI, reported Financial Times on Friday. Companies supplying data centres, chips, and compute processing power to OpenAI have already taken on approximately $96 billion in debt to fund their operations, as per FT's analysis.
short by Ishita Ranganath / 10:51 pm on 28 Nov
After India's GDP was estimated to grow by 8.2% in the second quarter of FY26, the BJP has hit back at Rahul Gandhi over his 'dead economy' remark. "Where are those who said the Economy is Dead? Their political careers are dead!" BJP spokesperson Shehzad Poonawalla said. Notably, US President Donald Trump had also called the Indian economy dead.
short by Garima Garg / 10:50 pm on 28 Nov
What will be on discussion table during Prez Putin's India visit?
short by Vaishnavi Mishra / on 29 Nov 2025,Saturday
Russia President Vladimir Putin will visit India on December 4 and 5. During the visit the two nations will review progress in bilateral relations, strengthen strategic partnership, discuss ways to bolster two-way trade using local currencies and take ahead bilateral energy cooperation, Moneycontrol reported. India may address rising trade deficit caused by its procurement of Russian crude oil.
short by Vaishnavi Mishra / 09:16 am on 29 Nov
GDP data came when IMF gave C grade to India's data series: Jairam
short by Vaishnavi Mishra / on 29 Nov 2025,Saturday
Congress leader Jairam Ramesh questioned the credibility of India’s latest GDP numbers, calling the timing of the data release "ironic". He said, "GDP numbers…released…soon after an IMF report gave the second-lowest grade of C to India's national accounts statistics." He added, "High GDP growth rates are simply not sustainable in the absence of any renewed momentum in private investment."
short by Vaishnavi Mishra / 11:31 am on 29 Nov
India's full-year economic growth could exceed 7%: CEA Nageswaran
short by Mansi Agarwal / on 28 Nov 2025,Friday
Chief Economic Advisor V Anantha Nageswaran said India's full-year economic growth could reach 7% or even higher. "The confluence of stable inflation, sustained public capex, and reform momentum positions the economy to navigate risks," he stated. His remarks come after the real GDP grew by an estimated 8.2% in the July-September quarter.
short by Mansi Agarwal / 10:56 pm on 28 Nov
Mumbai airport denies any major disruption over Airbus jets recall
short by Vaishnavi Mishra / on 29 Nov 2025,Saturday
Mumbai's Chhatrapati Shivaji Maharaj International Airport said no major disruption in daily operations will take place after Airbus issued an immediate recall of 6,000 planes of its widely used A320 fleet. Meanwhile, Air India and IndiGo announced potential delays due to immediate recall. Notably, the jets would undergo an urgent software update after investigators discovered a flaw.
short by Vaishnavi Mishra / 09:28 am on 29 Nov
SEBI asks regulated entities to display their info on social media
short by Vaishnavi Mishra / on 29 Nov 2025,Saturday
Market regulator SEBI proposed that all regulated entities and their agents should display their registered name and number on the home page of their social media profiles. They will also have to display such information alongside videos or content uploaded by them. Such differentiation is essential to prevent investors from being misled, SEBI said on the move.
short by Vaishnavi Mishra / 08:59 am on 29 Nov
SEBI bans SME firm DroneAcharya, promoters for 2 yrs
short by Vaishnavi Mishra / on 29 Nov 2025,Saturday
SEBI barred DroneAcharya Aerial Innovations, its promoters and others from the securities market for up to two years and imposed fines totalling ₹75 lakh. The decision has been taken over misutilisation of IPO proceeds, misrepresentation in financial statements, and diversion of funds by management. The equity shares of the company were listed on the BSE SME platform in 2022.
short by Vaishnavi Mishra / 12:32 pm on 29 Nov
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