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BusinessPhoto: Mint

SpiceJet Faces Operational Challenges with Unpaid Salaries and Grounded Planes

SpiceJet is facing operational difficulties as 40 pilots of its Q400 fleet refused to fly due to unpaid salaries. Currently, only 10 aircraft are operational while 37 remain grounded, according to Planespotters.net. These issues highlight the budget airline's ongoing financial and operational struggles.

Mint·

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BusinessPhoto: TOI Business

Hyundai to Invest $15.5 Billion in India by 2032

Hyundai Motor Group plans to invest $15.5 billion in India from 2026 to 2032. The investment aims to expand manufacturing, research and development, local sourcing, and future mobility technologies. This move will position India as a key production and export hub for Hyundai's global operations.

TOI Business·

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WorldPhoto: HT World

Cornell Suspends Fraternity Parties, Involves State Police Over 2024 Rape Allegations

Cornell University has suspended all fraternity parties and social events for the 2026-27 academic year amid scrutiny over a 2024 sexual assault case. University President Michael Kotlikoff announced the involvement of New York State Police in investigations and immediate suspension for fraternities violating the zero-tolerance policy. The university aims to review fraternity life and develop safer social activities with student and faculty input.

HT World·

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PoliticsPhoto: News18 World

Netanyahu Seeks Saudi Approval to Fight Houthis, MBS Rejects

Israeli Prime Minister Benjamin Netanyahu sought Saudi Arabia's approval for Israel to join its fight against Yemen's Houthi rebels. However, Crown Prince Mohammed bin Salman opposed the move due to fears of public backlash. Netanyahu approached Riyadh via US mediation, offering military support against the Iran-linked group amid intensified Houthi attacks on Saudi targets. The proposal aims to improve ties and pave the way for normalization between Israel and Saudi Arabia, which currently lack formal diplomatic relations.

News18 World·

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PoliticsPhoto: HT World

Questions Raised Over Katie Zacharia's Law Degree and Bar Exam

Katie Zacharia, President Donald Trump's new Press Secretary, faces scrutiny over her law degree and bar exam credentials. Despite claiming to be a lawyer on multiple platforms, there is no evidence she was licensed to practice law. Zacharia denied the allegations, stating she practiced international transaction law with proper credentials. The controversy began after a report by Popular Info’s Judd Legum and intensified following a press conference and media inquiries.

HT World·

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BusinessPhoto: TOI Business

Tier-2 Cities Lead in BNPL Usage Over Metros: Study

A new study reveals that India's smaller tier-2 cities are using Buy Now Pay Later (BNPL) digital credit services more than metropolitan areas. Despite this, consumers across these cities still prefer using payment apps for transactions rather than borrowing money through credit. This trend highlights the growing digital credit adoption outside major urban centers.

TOI Business·

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