Wednesday, December 24, 2025 | 06:41 AM ISTहिंदी में पढें
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Business@2025: From tax reforms to trade pacts, a year of course correction

The government moved to steady the economy amid global uncertainty. Crises at IndiGo and BluSmart, meanwhile, underlined the need for tighter oversight and stronger governance

Indigo crisis
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From aviation chaos and GST reset to record IPOs, Tesla’s India entry and AI mega bets, 2025 saw policy shifts, corporate drama and big-ticket investments reshape the economy. (Photo: Reuters)

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Turbulence on the ground 
India’s aviation sector was thrown into disarray in early December after IndiGo, the country’s largest airline, cancelled over 5,500 flights, leaving thousands of passengers stranded. The disruption followed new crew-rostering rules issued by aviation regulator Directorate General of Civil Aviation, mandating longer rest hours for pilots and cabin crew. IndiGo, which commands around 60% market share and operates nearly 2,000 flights daily, had reportedly failed to adequately plan for the transition and was forced to ground more than half its fleet. 
  Tax reset 
On September 22, the Centre rolled out the first major overhaul