Business Standard BFSI Insight Summit brings together thought leaders from India’s financial landscape, including regulators, leading banks, NBFCs, mutual funds, and insurance companies.

Business Standard BFSI Insight Summit brings together thought leaders from India's financial landscape, including regulators, leading banks, NBFCs, mutual funds, and insurance companies.

Panel Discussion: Too many challenges in General Insurance sector

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Business Standard

Domestic carrier IndiGo has said it cancelled over 800 flights on Saturday, much lower than Friday's number of more than 1,000, and it is addressing all customer refund issues on "priority".
The airline, which has been granted major relaxations by the DGCA in the second phase of the new flight duty and rest period norms for pilots, after it told the aviation safety regulator that it was facing significant transitional challenges in roster planning and crew availability under Phase-2 FDTL requirements, also said it is working "determinedly" to bring its operations back on track across the network.
"The number of cancellations on Saturday dropped below 850 flights, much lower compared to Friday. We are continuing to work towards reducing this number progressively over the next few days," IndiGo said in a statement.
The airline's teams are focused on stabilising schedules, reducing delays, and supporting customers through this period, it said, adding, "We are also working closely with 

Domestic carrier IndiGo has said it cancelled over 800 flights on Saturday, much lower than Friday's number of more than 1,000, and it is addressing all customer refund issues on "priority".

Press Trust of India

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Authorities will take appropriate action in the matter of IndiGo flight disruptions, depending on the inquiry committee findings, a senior government official said on Saturday.
As flight disruptions continued for the fifth straight day, Civil Aviation Minister K Rammohan Naidu, along with senior civil aviation ministry officials, held a "serious meeting" with IndiGo CEO Pieter Elbers to review the situation and address the issues, the official said.
The meeting, held in the national capital on Saturday, was attended by Civil Aviation Secretary Samir Kumar Sinha, and DGCA chief Faiz Ahmed Kidwai, among others.
The official told PTI that the immediate priority is to restore normalcy in flight operations and the airline has been asked to ensure prompt refund of tickets.
Against the backdrop of a large number of flights cancelled and delayed at various airports, causing hardships to thousands of passengers, aviation regulator DGCA has set up a four-member inquiry panel to ascertain the

Authorities will take appropriate action in the matter of IndiGo flight disruptions, depending on the inquiry committee findings, a senior government official said on Saturday.

Normalcy is restored at airports across the country and all necessary facilities are being provided to passengers, the Civil Aviation Ministry said on Saturday.
Amid massive disruptions in flight operations due to crew shortage, IndiGo cancelled hundreds of flights, including 1,600 on Friday and over 800 on Saturday, since the crisis started earlier this week, leaving thousands of passengers stranded at airports across the country.
IndiGo operates 2,300 flights across the country in a day.
"Normalcy is restored at airports across the country and all necessary facilities are provided to passengers. Check-in and check-out are happening smoothly," the ministry said in a statement.
Meanwhile, Mumbai International Airport Ltd (MIAL) said it has made arrangements to accommodate 25 grounded IndiGo aircraft at its facility.
In a statement, MIAL further said it has implemented a range of initiatives to support passengers stranded at the terminal due to flight cancellations and operational 

Amid massive disruptions in flight operations due to crew shortage, IndiGo cancelled hundreds of flights, including 1,600 on Friday and over 800 on Saturday

Healthcare industry body NATHEALTH has asked the government to increase public spending on healthcare to over 2.5 per cent of GDP with urgent action to tackle non-communicable diseases, including tax deductions of up to Rs 10,000 on individuals for preventive health check-ups.
In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage.
The recommendations call for a balanced mix of fiscal support, structural reforms, and public-private collaboration to build a robust, future-ready health system, it said in a statement.
In its recommendations, NATHEALTH asked the sector to be declared 'core infrastructure' and create a healthcare infrastructure fund of Rs 50,000 crore, saying currently there is limited access to long-term, lower-cost capital for hospitals and diagnostic networks.
New projects have long gestational periods requiring flexible mid-term ...

In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage

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Panel Discussion: Too many challenges in General Insurance sector

Business Standard BFSI Insight Summit brings together thought leaders from India’s financial landscape, including regulators, leading banks, NBFCs, mutual funds, and insurance companies.

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