Business
Rs 70k to Bengaluru but Rs 25k to London: Airfares explode amid massive IndiGo crisis; flyers rush for options – The Times of India
Skip Bengaluru. Take a trip to Thailand instead. Or Vietnam. Or London. Or even Singapore. All at a much much much cheaper rate than Delhi to Bengaluru, Goa, Pune or Goa. But you cannot travel to Hyderabad, at least not on Friday, because the tickets are sold out. Ironically, IndiGo flight tickets are available.The situation arose amid IndiGo’s massive operational chaos which has led to the cancellations of hundreds of flights and widespread distress for travellers at airports nationwide. On Friday, the airlines cancelled all departures from Delhi till midnight.
According to the DGCA, IndiGo acknowledged that it had severely miscalculated the number of pilots needed to operate its existing schedule under the new crew duty regulations.The flight ticket fares on Friday for Bengaluru, Pune, Lucknow and Goa, which usually ranges 10k-15k, depending upon the demand and the festival factors, stood at an average of 25k-30k.
70k for a Delhi-Bengaluru ticket?
A travel portal recently showed the fastest December 5 Delhi connection on Air India at around Rs 70,000 before it sold out; even after the price dipped to roughly Rs 32,000, it remained far above the usual Rs 10,000–15,000 range for that sector. And it’s just a one-way fare.The trend extended across domestic routes: the quickest Delhi–Goa Air India option was priced above Rs 56,000, Delhi–Pune fares were between Rs 30,000 and Rs 40,000, and Delhi–Lucknow tickets crossed Rs 20,000 on Air India Express, with IndiGo selling seats between Rs 9,000 and Rs 17,000.In sharp contrast, international routes appeared far more affordable. Delhi–London fares on Air India began just above Rs 25,000, while Lufthansa and Swiss were priced below Rs 70,000.Taking potshots at the situation, a social media user named Rocky Singh suggested going to Tokyo or New York instead of Bengaluru, given the fare situation.“Going to Bengaluru from Delhi on Air India ? DONT Go to New York or London Or Tokyo instead …. It’s cheaper,” he said.From Delhi to Thailand, Thai Lion Air offered tickets under Rs 10,000, SpiceJet stayed below Rs 15,000, and Air India remained under Rs 25,000. Delhi–Vietnam fares were under Rs 15,000 on Air India and around Rs 25,000 on Thai AirAsia X.“You get food poisoning, I will kill my grandmother,” said Vijaya Srivastava, a 25-year-old news writer, when asked about going to Thailand, given the fares for the day. Even Delhi–Singapore flights were cheaper, with Thai Lion Air under Rs 20,000, Batik Air around Rs 20,000, and Air India at about Rs 30,000.A flyer expressed concern over the situation over “Jodhpur to Bangalore Air India flight 1 lakh rupees”. “This is so unfair of airlines taking advantage of current situation,” Ankita said in a post on X.
IndiGo too nonchalant about it?
While the chaos has been caused by the IndiGo itself, the flyers cited lax management mechanism on the part of the airlines. “Flight radar was more credible source to find the flight status than the website itself,” said a flyer from Delhi, who faced a 7-8 hours delay for Bengaluru flight.Describing the 5am chaos, he said that “every departure gate was crowded with angry passengers who had been waiting from 6 to 8 hours.” There’s no option to cancel as the ticket fares are 3-4 times, so people just prefer to wait.,” he said.Another flyer from Ranchi noted ill management of takeoffs and landings saying, “Passengers had to wait for two hours inside the flight at Delhi airport as the bay area not empty.” “As tempers flared and some travellers began confronting the crew, the pilot said, ‘We are just as helpless as you are,” he said. “I can park the aircraft and offload only when we receive permission’,” the flyer recalled.“Indigo @IndiGo6E ‘s website has no mention whatever of the chaos, and still allows you to book, even for tomorrow between Bengaluru and Hyderabad (which I picked as two of the worst-hit airports). Shouldn’t they be prioritising moving stranded passengers across the country?” a user named Rahul Siddharthan said on X.“And Indigo is still selling tickets with huge margins. Hyd- Blore tickets normally Rs. 3000/- to Rs.4000/- being sold on their App for Rs.11,000/- plus. Even though they know their flights are being cancelled. This called “Make Hay while the sun shine,” another user, posting the screenshot said.
‘Monopoly’ concerns spark row
Leader of opposition in Lok Sabha Rahul Gandhi flagged the “govt’s monopoly model” saying that “it’s ordinary Indians who pay the price – in delays, cancellations and helplessness.”He called for a “fair competition in every sector, not match-fixing monopolies.”“IndiGo fiasco is the cost of this Govt’s monopoly model. Once again, it’s ordinary Indians who pay the price – in delays, cancellations and helplessness. India deserves fair competition in every sector, not match-fixing monopolies,” he said.Shiv Sena (UBT) MP Priyanka Chaturvedi took on the government calling out to “shut down the civil aviation ministry”.“I have submitted a calling attention. I was hoping that the civil aviation minister would give information in the Parliament yesterday itself, but unfortunately, that did not happen yesterday. He held a meeting late in the night and issued some directives, but what is the point of directives if so many flights are still being cancelled? If you are not responsible for rising airfares and passenger grievances, then shut down the Civil Aviation Ministry,” she said.
Business
Ganga Expressway inaugurated by PM Modi: UP’s longest expressway between Meerut & Prayagraj; check travel time, route, speed limit – top facts & images – The Times of India
Ganga Expressway, the longest expressway so far in Uttar Pradesh, was inaugurated by Prime Minister Narendra Modi on Wednesday. The 594 kilometres long Ganga expressway is a six-lane expressway that aims to reduce the travel time between Meerut and Prayagraj to just 6 hours!Uttar Pradesh has over 60% of India’s total access-controlled expressway network. Recently, Chief Secretary Manoj Kumar pointed out that of the nearly 2,900 km of such highways across the country, close to 1,200 km are located in the state.Meerut District Magistrate and Collector Vijay Kumar Singh on Tuesday said the project has generated tremendous excitement among the public. He noted that the expressway will greatly enhance connectivity to Prayagraj as well as the state capital, Lucknow.Experts say the expressway’s length is particularly significant. According to the Department for Promotion of Industry and Internal Trade, road transport remains economically efficient for freight over distances of up to about 600 km, while rail becomes more viable beyond that point. At 594 km, the Ganga Expressway falls almost exactly within this crucial range for cargo movement.

How will the Ganga Expressway cut down travel time, what districts will it cover, what will be the toll policy, and what cost has it been constructed at? We take a look:
Ganga Expressway: Top Points About UP’s Longest Expressway
Travel time: One of its most noticeable benefits will be the sharp reduction in travel time. The trip between Meerut and Prayagraj, which currently takes around 10 to 12 hours, is likely to be cut to approximately 6 to 7 hours. Access from Delhi: For travellers from the Delhi-NCR region, access will be seamless through the Delhi-Meerut Expressway, followed by a short connecting link at Bijoli to join the Ganga Expressway.

Construction cost: Developed at an estimated cost of Rs 36,230 crore, the Ganga Expressway ranks among Uttar Pradesh’s most ambitious infrastructure initiatives. The Ganga Expressway stretches from Bijoli village in Meerut to Judapur Dandu village in Prayagraj.Speed limit: The expressway has been built for speeds of up to 120 kmph. The six-lane access-controlled expressway, has been designed with the provision for expansion to eight lanes.

Route & Districts covered: The expressway will pass through 12 districts: Meerut, Hapur, Bulandshahr, Amroha, Sambhal, Badaun, Shahjahanpur, Hardoi, Unnao, Rae Bareli, Pratapgarh and Prayagraj. In doing so, it will directly influence more than 500 villages along its alignment.Interchanges & amenities: Its connectivity is further strengthened by 21 interchanges that link the corridor with existing national highways and state roads.

The project also includes major river crossings, notably a 960-metre bridge over the Ganga and a 720-metre bridge across its tributary, the Ramganga. Both structures have been engineered to suit local flood conditions.To support travellers, the expressway will also feature nine public utility complexes equipped with fuel stations, rest areas and food courts.

Emergency Landing Strip: One of the expressway’s standout features is a 3.5-km emergency landing strip in Shahjahanpur district. Already tested by the Indian Air Force, this airstrip adds a strategic defence dimension to the project, enhancing national preparedness in addition to its economic significance, according to an official statement.Integration with other expressways: Ganga Expressway will eventually be integrated with existing and even upcoming corridors. These include the Agra-Lucknow Expressway, the Farrukhabad Link Expressway, the Jewar Link Expressway, and a proposed extension that will connect Meerut to Haridwar.According to reports, plans are underway to extend the expressway by around 146 kms up to Haridwar. This extension will pass through Amroha and Bijnor and cover more than 200 villages.

Toll: The project will be operated under a toll-based public-private partnership model. Adani Enterprises and IRB Infrastructure Developers have been awarded concession rights for a period of 30 years.For toll collection, two primary toll plazas will be set up at the main entry points in Meerut and Prayagraj. The final toll charges have not yet been announced, however officials have indicated that they are likely to be in line with other expressways in Uttar Pradesh. At present, four-wheelers pay around Rs 2 to Rs 3 per kilometre.
Business
Oil prices decline after UAE says it will exit Opec amid Iran war energy crisis
Stocks mostly advanced in Asia on Wednesday despite losses on Wall Street, while oil prices fell after the United Arab Emirates said it would leave Organisation of the Petroleum Exporting Countries (OPEC) in a blow to the powerful oil cartel.
US futures edged higher. Markets in Japan were closed for a holiday.
Elsewhere in Asia, South Korea’s Kospi rose 0.3 per cent to 6,657.40 and the Hang Seng in Hong Kong gained 1.4 per cent to 26,029.02. The Shanghai Composite index traded 0.3 per cent higher at 4,091.01.
Australia’s S&P/ASX 200 slipped 0.3 per cent, to 8,689.50.
Taiwan’s Taiex lost 0.6 per cent, and India‘s Sensex gained 0.4 per cent.
The price of a barrel of Brent crude oil to be delivered in June fell 0.5 per cent to $110.71 early Wednesday. Brent to be delivered in July dropped 0.6 per cent to $103.74. Brent oil was around $70 per barrel before the war began in late February.
Benchmark US crude fell 0.6 per cent to $99.32 a barrel.
The UAE’s departure from Opec, due to happen on Friday, has been closely watched by oil markets. Opec accounts for roughly 40 per cent of global oil output, and the UAE is one of Opec’s largest oil producers. It has pushed back against Opec production quotas in recent years, wanting to sell more oil to the rest of the world.
“The UAE’s exit will increase (oil) output,” ING Bank strategists Warren Patterson and Ewa Manthey wrote in a research note on Wednesday. “The UAE has been increasingly frustrated over recent years by its output being constrained by Opec production quotas, which have kept it well below its potential.”
But as US-Iran negotiations for a permanent end to the Iran war stalled and the Strait of Hormuz, where roughly one fifth of the world’s oil passed through before the war, was still largely closed, short term impacts on oil prices will still depend mainly on prospects for reopening the waterway, analysts said.
The UAE was the third largest oil producer within Opec before the Iran war. ING said its departure “will reduce Opec’s effectiveness in managing and influencing the global oil market through supply measures.”
Investors are also awaiting more updates on US-Iran peace talks, although limited progress has been made. Iran has offered to reopen the Strait of Hormuz if the United States lifts its blockade on its ports. So far, the US appears to be ruling out a deal that excludes the Islamic Republic’s nuclear programme.
The Federal Reserve is expected to announce a decision on interest rates later Wednesday.
On Tuesday, Wall Street retreated from its recent record highs. The benchmark S&P 500 fell 0.5 per cent from its latest all-time high to 7,138.80. The Dow Jones Industrial Average edged down 0.1 per cent to 49,141.93, and the technology-heavy Nasdaq composite dropped 0.9 per cent to 24,663.80.
Artificial intelligence-related stocks led the losses. Chip company Broadcom lost 4.4 per cent, Nvidia fell 1.6 per cent and Micron Technology lost 3.9 per cent. Alphabet, Amazon, Microsoft and Meta Platforms are reporting quarterly results on Wednesday.
In other dealings early Wednesday the US dollar rose slightly to 159.63 Japanese yen from 159.62 yen. The euro was trading at $1.1708, down from $1.1712.
The yield on the US 10-year Treasury remained at 4.35 per cent.
Business
Maruti profit slips 6.4% in Q4, revenue jumps 29% – The Times of India
New Delhi: Maruti Suzuki had a record year in 2025-26 in terms of revenue and sales, but rising costs took a bite out of profits. The automaker posted consolidated revenue of over Rs 1.8 lakh crore, up 19.9% from the previous year, with total sales of 24.2 lakh vehicles. Net profit, however, barely moved – rising 1.2% to Rs 14,680 crore – as higher material, employee and depreciation costs ate into margins.The March quarter told a similar story: Revenue jumped 28.6% to Rs 52,462 crore, but net profit slipped 6.4% to Rs 3,659 crore.R C Bhargava, chairman, Maruti Suzuki India, said the auto industry is back in a growth phase, helped by stronger consumer demand and govt support, including lower taxes on small cars. He said Maruti expects to roll out about 2.5 lakh more vehicles this year as supply bottlenecks ease and new capacity comes online. The bigger constraint right now, he said, is not whether people want to buy cars but how many the company can actually make. Maruti is adding new production lines that will bring roughly 5 lakh additional units of annual capacity this year.
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