For the first time! China trade surplus hits $1 trillion in November; exports to US continue to slide

China ended November with a historic milestone, recording an annual trade surplus of more than $1 trillion for the first time. Official figures released on Monday show that booming exports to markets outside the United States more than compensated for shrinking US demand.The breakthrough came only weeks after Presidents Xi Jinping and Donald Trump negotiated…

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IndiGo crisis: InterGlobe Aviation’s shares tank over 7%; flight cancellations & disruptions enter day 7

NEW DELHI: InterGlobe Aviation, the parent company of IndiGo, saw its stock plunge over 7% on Monday morning as the airline’s flight cancellations and disruptions extended into a seventh consecutive day. The shares dropped to Rs 4,976.40, down Rs 394.90 (7.35%) as of 11.25am on the BSE amid growing scrutiny from regulators and intensifying passenger…

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IndiGo fiasco: What are the air fares today after government’s cap? Check rates for Delhi to Mumbai, Bengaluru and other routes

Domestic flight ticket prices showed some relief on Monday after the government imposed temporary caps, bringing a breather to passengers who were hit by unprecedented fare hikes, after IndiGo’s mass flight disruptions.Airfares had surged to never-seen-before levels on Friday when IndiGo cancelled more than 1,000 flights. A one-way one-stop economy-class SpiceJet Kolkata–Mumbai ticket for December…

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Netflix–Warner Bros deal: Trump concerned over OTT giant’s ‘large market share’; asserts he will be ‘involved’

US President Donald Trump on Sunday raised concerns about the recent Hollywood deal that shook up the media landscape, Netflix acquisition of Warner Bros. The US president, speaking to the media while arriving for the Kennedy Center Honors awards ceremony on Sunday, said that the proposed multi-billion-dollar acquisition raised concerns about market dominance. The streaming…

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