Two Air India Incidents in One Day. A $2.8 Billion Loss Didn't Fix the Maintenance Problem.
Air India engine fire on AI 2802 Bengaluru-Delhi and a tail strike on AI 2651 the same day. The $2.8 billion FY26 loss hasn't fixed the maintenance gap.
Markets, companies, startups, and economic policy affecting India.
Air India engine fire on AI 2802 Bengaluru-Delhi and a tail strike on AI 2651 the same day. The $2.8 billion FY26 loss hasn't fixed the maintenance gap.
RBI's record ₹2.87 lakh crore dividend came after it cut its safety buffer from 7.5% to 6.5% and earned profits defending a record-low rupee.
India hit a 270 GW power demand record amid the May 2026 heatwave — four straight days of peaks. The grid held. Coal made that possible, and that's the problem.
1.2 crore gig workers struck for 5 hours on May 16 after India's first fuel price hike in four years broke their per-delivery margins.
The rupee crossed 96 for a record low on May 15 as oil hit $110 and FPIs pulled ₹27,048 crore. India's painless options are gone — what's left hurts.
India hiked petrol and diesel ₹3 per litre — the first increase in four years. Delhi petrol is now ₹97.77. The Iran war just reached your tank.
Vodafone Idea's ₹51,970 crore Q4 profit came from a ₹58,116 crore AGR gain. Underlying business still lost ₹5,521 crore. Birla adds ₹4,730 crore.
Air India's $2.8B FY26 loss — worst since Tata's takeover — comes as Iran war, Pakistan ban, and fuel spikes force 27% flight cuts. What happens next.
SEC settled its fraud case against Gautam Adani for $6 million. The DOJ is dropping criminal charges over $265M in alleged bribes. The math is wild.
India raised gold import duty from 6% to 15% on May 13. Gold surged ₹9,206 per 10 grams the same day. The rupee still hit a record low of 95.80.