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CBDCs more superior to Stablecoins as they satisfy all attributes of money
Updated : 3 months, 2 weeks ago IST
Central Bank Digital Currencies (CBDCs) are digital tokens like Stablecoins, but they are inherently superior since they satisfy all the attributes that money should have, RBI Deputy Governor T Rabi Sankar argued.
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IndiGo to pay more than Rs 500 crore to customers "severely" affected by f
Updated : 3 months, 2 weeks ago IST
The airline said it is in the process of "identifying flights where customers were severely impacted and stranded at airports on 3, 4, and 5 December" and will "reach out to all such customers in January so that compensation can be extended smoothly."
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RBI DG raises concerns over growing prominence of stablecoins
Updated : 3 months, 2 weeks ago IST
"Over time, the form of money has evolved with technology - from commodities to metal to paper to balances in deposit accounts to now, digital tokens. While the forms of money have evolved with technology, the fundamental character of money - what it represents, or what gives it credibility
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IndiGo appoints independent aviation expert Captain John Illson to find ou
Updated : 3 months, 2 weeks ago IST
The decision was taken following the recommendation of the Crisis Management Group (CMG) constituted by the IndiGo Board just after disruptions started in the first week of December.
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Aviation Minister chairs review meeting with Airlines on preparedness for
Updated : 3 months, 2 weeks ago IST
Aviation Minister Ram Mohan Naidu on Friday chaired a comprehensive review to asses Airline preparedness for the winter-fog season.
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DGCA sacks four Flight Operations Inspectors amid IndiGo flight crisis
Updated : 3 months, 2 weeks ago IST
The Directorate General of Civil Aviation on Friday sacked four Flight Operations Inspectors (FOIs) in connection with the recent IndiGo flight cancellation crisis.
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DGCA, Civil Aviation Ministry equally responsible for IndiGo disruption: C
Updated : 3 months, 2 weeks ago IST
Congress leader Karti Chidambaram on Friday held the Directorate General of Civil Aviation and the Ministry of Civil Aviation equally responsible for the IndiGo flight operations crisis and said that an impact study should have been carried out before issuing a notification on Flight Duty
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Uttarakhand DGP issues directions to conduct fire safety audits ahead of C
Updated : 3 months, 2 weeks ago IST
A high-level review meeting on statewide comprehensive fire safety audits, crime control, and law-and-order measures was held on Thursday at the Uttarakhand Police Headquarters auditorium through video conferencing, said officials.
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4-member DGCA committee to question IndiGo CEO tomorrow on airline's cance
Updated : 3 months, 2 weeks ago IST
A special four-member Committee of the Directorate General of Civil Aviation (DGCA) will meet with IndiGo Chief Executive Officer Pieter Elbers on Friday, December 12, to question the latter on the widespread cancellation of flights in the last week.
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IndiGo CEO Pieter Elbers arrives at DGCA amid operational disruption issue
Updated : 3 months, 2 weeks ago IST
On Thursday, IndiGo said it has processed refunds for all flights cancelled during the recent operational disruption and assured that the remaining payments will reflect in customers' accounts shortly.
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Vishwa Samudra Open 2025: N Thangaraja moves to top with day's best 66
Updated : 3 months, 2 weeks ago IST
N Thangaraja (73-66), a three-time winner this year and currently placed fourth in the PGTI Ranking, took his 36-hole tally to five-under 139 for a two-stroke advantage over the rest of the field. Thanga thus jumped 17 spots from his overnight tied 18th
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DGCA constitutes special oversight team to monitor IndiGo operations amid
Updated : 3 months, 2 weeks ago IST
Taking serious note of large-scale passenger inconvenience faced by passengers due to widespread flight cancellations and delays by IndiGo Airlines in recent days, the Directorate General of Civil Aviation (DGCA) has constituted a dedicated Oversight Team to be stationed at the airline's
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