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Winter storm grounds US air travel: Over 10,000 flights cancelled on Sunday as snow batters major hubs

A massive winter storm disrupted air travel across the United States on Sunday, triggering widespread flight cancellations and delays at some of the country’s busiest airports and setting up what airlines warned would be a brutal travel day.The National Weather Service said late Saturday that widespread snow, sleet and freezing rain threatened nearly 180 million…

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Padma Awards 2026: Uday Kotak named among Padma Bhushan recipients

NEW DELHI: Centre on Sunday announced the Padma Awards for 2026 on the eve of Republic Day, conferring the Padma Bhushan on veteran banker and industrialist Uday Kotak for his exceptional contribution to the financial sector, a government statement said.The Padma Awards, among India’s most prestigious civilian honours, are given in three categories—Padma Vibhushan, Padma…

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India Inc cuts volume hiring: Companies go selective on STEM freshers – here’s why

India Inc is dialing back hiring of fresh graduates, especially those from science, technology, engineering and mathematics (STEM) backgrounds, as companies turn more selective and focuses on industry-ready talent.Around 200,000–220,000 STEM freshers were hired in FY25, but this number is expected to fall to a little over 150,000 in the current fiscal, according to a…

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Rupee sinks to 92 against US dollar: What’s impacted as India’s currency keeps sliding — explained

The rupee’s slide to a historic low of 92 against the US dollar on January 23 is beginning to pinch wallets, making everything from crude oil, electronics to overseas education and foreign travel more expensive, while offering some relief to exporters.The local currency slid to an all-time low of 92 per dollar during the day…

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All aboard for UDAN? Regional connectivity scheme revamp awaits cabinet nod; set to back airlines’ losses

India’s regional connectivity scheme is headed for a revamp, awaiting Cabinet’s approval for a plan that would financially support airlines operating on remote routes to cover potential losses. Launched in 2016, the scheme caps fares on half of the seats to make air travel affordable. However, flights to hinterland destinations often remain commercially unviable due…

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Union Budget 2026: Here’s what EV sector is hoping for!

The Union Budget 2026-27 is just one week away and the EV sector is expecting FM Sitharaman to introduce measures aimed at accelerating electric vehicle adoption in India. Deloitte India has highlighted that the government could focus on strengthening domestic manufacturing, supporting clean mobility, and encouraging investment across the EV value chain.Sheena Sareen, Partner at…

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