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Scoot's January sale: discounted fares throughout its network

Scoot, the budget airline under Singapore Airlines, has unveiled its 'January Thematic Sale,' running from January 7 to 12, 2026, featuring enticing one-way economy class fares from India to Singapore starting at ₹5,900. The promotional fares, available for travel between January 28 and October 24, 2026, include connections to popular Asia-Pacific destinations such as Bangkok, Bali, and Sydney. The sale offers exceptional value for travellers from cities like Amritsar, Chennai, and Thiruvananthapuram. Notable fares include Chennai to Singapore at ₹5,900, Tiruchirappalli to Chiang Rai at ₹11,900, and Thiruvananthapuram to Melbourne at ₹14,900. Other highlighted routes include Visakhapatnam to Bali for ₹9,000, Amritsar to Hong Kong for ₹12,000, and Coimbatore to Bangkok for ₹8,900, according to the airline's announcement. sources

Published:
Jan 08 2026, 12 pm

Air India receives first Dreamliner in over eight years

Air India, now owned by Tata Group, has received its first Boeing 787-9 aircraft, marking a significant milestone since the airline's privatisation nearly four years ago. This Dreamliner, custom-made for Air India, was officially transferred at Boeing's Everett factory in Seattle on January 7, following inspections by the Directorate General of Civil Aviation (DGCA). The aircraft, featuring a three-class configuration of economy, premium economy, and business class, is expected to arrive in India shortly. It is the first line fit Dreamliner acquired by Air India since Tata's takeover in January 2022, with the last such delivery occurring in October 2017 under government ownership. This delivery is part of a larger order of 220 Boeing jets, with Air India already having received 51 narrow-body Boeing 737-8s through its subsidiary, Air India Express. The airline aims to enhance its fleet further, with plans to induct 26 additional aircraft by the end of 2026. sources

Published:
Jan 08 2026, 2 pm

Auto sector benefits from strong orders, demand recovery post-GST

The auto component sector is poised for growth, driven by a robust order pipeline and a resurgence in demand for passenger vehicles, two-wheelers, and three-wheelers following a recent GST cut, according to a report by Centrum. This uptick in vehicle sales is expected to alleviate cost pressures and bolster consumer demand, particularly benefiting the bearings sector, which is crucial for vehicle efficiency and durability. The report highlights that sustained export momentum will further enhance revenue growth and capacity utilization, even as domestic demand stabilizes. Companies are also diversifying into non-auto sectors such as railways and wind energy, which may reduce reliance on cyclical auto demand and improve earnings stability. Overall, the combination of demand recovery, strong exports, localization efforts, and diversification strategies positions the auto component and bearing sector for a promising outlook in the near future. sources

Published:
Jan 08 2026, 2 pm

FRAI calls for review of tobacco excise duty for retailers

The Federation of Retailer Association of India (FRAI) has raised alarms over a significant tax hike on legal tobacco products, following the Finance Ministry's recent notification imposing an excise duty of ₹2,050-8,500 per 1,000 sticks, effective February 1, 2026. The association, representing around 8 million micro, small, and medium retailers, argues that such steep increases threaten the livelihoods of small retailers and could drive consumers towards illegal markets. FRAI Joint Secretary Gulab Chand Khoda emphasized that the price surge would diminish demand at local shops, exacerbating the challenges faced by shopkeepers caught between declining sales and competition from unregulated suppliers. The FRAI has called for a reconsideration of the tax structure, advocating for a balanced approach that supports public policy objectives while ensuring price stability and protecting the informal retail sector. sources

Published:
Jan 08 2026, 2 pm

Rupee Decline Sparks Crisis in India's Cashew Industry

India's cashew industry is facing significant challenges as raw material costs have surged by 20-25% in rupee terms, while domestic selling prices remain stagnant. This disparity has led many processors and traders to incur losses, forcing them to sell below cost to maintain cash flow and manage inventory. The depreciation of the rupee has temporarily benefited exporters but has made imports, primarily from West Africa, increasingly expensive for processors reliant on foreign raw cashew nuts. Additionally, illegal imports of low-quality cashew kernels, misdeclared to evade import duties, are further undermining local producers. Despite a rise in export values and increased processing capacity due to mechanisation, domestic demand remains weak, particularly post-Diwali. Industry leaders anticipate a potential uptick in demand with the upcoming wedding season, but the long-term sustainability of many new entrants in the sector remains uncertain. sources

Published:
Jan 08 2026, 12 pm

Trichy farmers rejoice over bumper sugarcane harvest before Pongal

In a boost for sugarcane farmers in Tamil Nadu's Trichy district, a bumper harvest this season has brought optimism ahead of the Pongal festival, which begins on January 15. Farmers from regions like Thiruvalar Cholai and Vayalur report successful yields across nearly 200 acres, aided by favorable weather and improved practices. The procurement process, managed through cooperative societies, ensures fair prices without political interference. In conjunction with the harvest, Tamil Nadu Chief Minister MK Stalin announced a cash assistance of ₹3,000 for all rice ration card-holding families, including those in Sri Lankan Tamil rehabilitation camps, to enhance festive celebrations. The government will also distribute a Pongal gift package, including rice, sugar, and sugarcane, to approximately 2.22 crore eligible families. This initiative aims to alleviate financial pressures amid rising living costs and underscores the state's commitment to social welfare during this significant harvest festival. sources

Published:
Jan 08 2026, 11 am

Sankranthi: 150 Extra Trains Announced by South Central Railway

In anticipation of the Sankranthi festival, South Central Railway (SCR) has announced the operation of 150 special trains to accommodate the surge in passenger demand from Hyderabad and key stations in the South Railway zone. Chief Public Relations Officer A. Sridhar highlighted that additional services will connect Hyderabad to Coastal Andhra Pradesh, with trains also running from Narsapuram, Kakinada, Srikakulam, and Vizag. Alongside these special services, over 600 regular trains will continue to operate during the festive season, ensuring connectivity across India. However, passengers are warned of potential disruptions at Secunderabad station due to ongoing redevelopment works, prompting the relocation of several trains to other terminals. SCR has advised travelers to check updated schedules and plan their journeys in advance, particularly at stations undergoing renovations, to facilitate smoother travel during this busy period. sources

Published:
Jan 08 2026, 10 am

Assocham urges hydrogen steelmaking incentives in FY27 Budget

Ahead of the upcoming Union Budget for the Financial Year 2026-27, industry body Assocham has urged the Indian government to implement incentives for hydrogen-based direct reduced iron (DRI) and concessional green finance to facilitate the steel sector's transition to low-carbon production. In its pre-Budget recommendations, Assocham also advocated for incentives related to waste-heat recovery systems and renewable captive power plants to mitigate emissions. Despite being the world's second-largest steel producer, the sector faces challenges such as high input costs, a depreciating rupee, and reliance on imported coking coal. Assocham highlighted stagnant iron ore production and the need for improved domestic recycling infrastructure to reduce import dependence. The chamber believes the Budget presents a crucial opportunity to bolster India's position as a global manufacturing hub for steel, calling for measures to promote iron ore beneficiation and enhance research and development in steel recycling and innovation. sources

Published:
Jan 08 2026, 10 am

Rogue depression endangers Sri Lanka's coastline

A deep depression has formed off the east-southeast coast of Sri Lanka, prompting heavy rain forecasts for Tamil Nadu in South India. The India Meteorological Department (IMD) identified the system, located approximately 420 km from Pottuvil, as one rank below a cyclone. It is expected to move west-northwest and cross the Sri Lankan coast between Hambantota and Kalmunai by Friday evening. Tamil Nadu and Kerala are likely to experience isolated heavy rainfall, thunderstorms, and lightning over the next few days, with Tamil Nadu facing particularly severe weather on Saturday. Squally conditions with wind speeds of 35-45 km/h, gusting to 55 km/h, are anticipated along the Sri Lankan and Tamil Nadu coasts. While global models show varying potential for intensification, the US Joint Typhoon Warning Centre suggests limited development due to high wind shear. sources

Published:
Jan 08 2026, 10 am

IndiGo welcomes India's first Airbus A321XLR aircraft

IndiGo has welcomed its first Airbus A321XLR aircraft into its fleet, marking a significant milestone for the airline. The long-range variant of the A321neo, which boasts a range of up to 8,700 kilometres and improved fuel efficiency, arrived at Indira Gandhi International Airport in Delhi on Wednesday. The aircraft will be utilized for non-stop services connecting Mumbai to Athens starting January 23, 2026, and Delhi to Athens from January 24, 2026, with three weekly flights on both routes. IndiGo has a total order of 40 A321XLRs, with nine expected to be delivered in 2026. The aircraft features a dual-class configuration, including 12 IndiGoStretch and 183 economy seats. CEO Pieter Elbers emphasized that this induction will enable IndiGo to expand its international reach, enhancing India's role in global aviation. Future deliveries will also support routes to Istanbul and Bali, as well as new long-haul destinations in Europe and East Asia. sources

Published:
Jan 07 2026, 9 pm

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