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Flight delays soar as US faces air traffic controller crunch

Financial Express Kochi

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November 11, 2025

HUNDREDS OF THOUSANDS of travelers had their flights delayed or canceled on Sunday in the worst day for disruptions since the start of a US government shutdown, as Transportation Secretary Sean Duffy warned of worse to come in the run-up to the Thanksgiving holiday.

- DAVID SHEPARDSON & DAVID LIUNGGREN

Airlines canceled more than 2,800 US flights and delayed more than 10,200 on Sunday in the third day of government-mandated flight cuts due to rising air traffic control staffing shortages, after thousands of delays and cancellations snarled traffic on Saturday.

MEER VERHALEN VAN Financial Express Kochi

Financial Express Kochi

'Any earnings disappointment could trigger short-term corrections'

ICICI Prudential AMC, which is awaiting regulatory clearance for a ®10,000-crore (IPO), is betting big on the capex and consumption stories that are moving in tandem. Anand Shah, CIO - PMS and AIF investments at the AMC that managed €63,870 crore as on March 31, 2025, tells Nesil Staney that Indian markets are still trading at a 9% premium to global indices.

time to read

2 mins

November 21, 2025

Financial Express Kochi

America can’t win by targeting Alibaba

IT WAS SUPPOSED to be a good week for Alibaba Group Holding Ltd. The tech giant released its revamped Qwen app to users in China, with plans to roll out the ChatGPT-like tool internationally later on.

time to read

2 mins

November 21, 2025

Financial Express Kochi

ICICI Pru AMC close to get approval for ₹10K-cr IPO

ICICl PRUDENTIAL ASSET Management (AMC) is close to securing an approval from the Securities and Exchange Board of India (Sebi) to go public, sources said.

time to read

1 min

November 21, 2025

Financial Express Kochi

Legacy FMCG brands dominate q-comm baskets

QUICK COMMERCE MAY be adding delivery speed, but it isn’t changing who controls the household basket.New platform data show that traditional FMCG players— not digital-first brands—continue to command the bulk of consumer spending on daily-use staples across apps such as Blinkit, despite an explo- sion of choice.

time to read

1 mins

November 21, 2025

Financial Express Kochi

India signs $93-million deal with US for Javelin anti-tank system, Excalibur projectiles

THE US HAS approved the sale of Excalibur guided artillery projectiles, Javelin antitank missile system and related equipment worth nearly $93 million to India, saying it will improve the country’s capability to strengthen its defence and deter regional threats.

time to read

1 min

November 21, 2025

Financial Express Kochi

'GST 2.0 transformational for FMCG'

Consumer goods major Marico sees urban growth picking up in the second half of FY 26, led by easing inflation, GST cuts, a low base and a favourable policy environment.

time to read

3 mins

November 21, 2025

Financial Express Kochi

5G subscriptions may cross 1-bn mark by 2031

INDIA IS EXPECTED to have over 1 billion 5G subscriptions by the end of 2031, the Ericsson Mobility Report released on Thursday said, underscoring the steady uptake of the service in a nation that accounts for the highest mobile data traffic per smartphone.

time to read

1 mins

November 21, 2025

Financial Express Kochi

ED files chargesheet against Vadra in UK-linked PMLA case

THE ENFORCEMENT DIRECTORATE on Thursday filed a chargesheet against businessman Robert Vadra, husband of Congress MP Priyanka Gandhi Vadra, in a money laundering case linked to fugitive UK-based arms consultant Sanjay Bhandari, officials said.

time to read

1 min

November 21, 2025

Financial Express Kochi

'Good trade deal' with US will support rupee stability: Malhotra

e ‘Central bank doesn’t target any level for the rupee’

time to read

1 mins

November 21, 2025

Financial Express Kochi

'Cinema-going is not at all obsolete'

SANJEEV KUMAR BIJLI, EXECUTIVE DIRECTOR, PVR INOX

time to read

3 mins

November 21, 2025

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