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SpiceJet Stock Plunges 10% To 11-Year Low Amid Massive Selling
Business

SpiceJet Stock Plunges 10% To 11-Year Low Amid Massive Selling

Shares of SpiceJet crashed 10 per cent on Wednesday, hitting the lower circuit after heavy block deals on the BSE triggered massive selling in the counter. Nearly 8.4 per cent of the airline’s equity changed hands during the session, according to media reports. Around 128.6 million shares were traded through 17 block deals, making it one of the most active stocks of the day. Trading volumes were more than 16 times the three-month full-day average -- indicating intense activity and strong selling pressure. By 11 am, the stock was locked at Rs 12.88 per share, its lowest level in more than 11 years. The fall marked the seventh straight session of decline for the airline’s shares. Over the past week alone, the stock has dropped about 25 per cent, emerging as the worst performer on the BSE SmallCap index during the day. Technical indicators suggest extreme weakness in the stock. The 14-day Relative Strength Index (RSI) fell to 9.01. The sharp fall comes despite the airline recently outlining plans to expand its operations. Last week, SpiceJet said it is working to increase its fleet size to around 60 aircraft through a mix of wet and damp leases. The company is also in the process of bringing back grounded aircraft into service. The airline said its domestic market share improved to 4.3 per cent in December from 1.9 per cent in September. This growth was supported by a 56 per cent rise in capacity during the December quarter. SpiceJet has also set a target to more than double its capacity to 220 crore Available Seat Kilometres by Winter 2026. However, operational challenges continue to weigh on the company. According to reports, Bangladesh has barred SpiceJet from using its airspace over pending dues. As a result, some flights from Kolkata, including services to Guwahati, are now operating on longer routes, adding to operational strain. (Disclaimer: This report has been published as part of the auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)

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8 months ago
Silver Prices Climb (Feb 25), Check 1 Gram And 1 Kilogram Rates In Major Cities Across India
Business

Silver Prices Climb (Feb 25), Check 1 Gram And 1 Kilogram Rates In Major Cities Across India

Silver Prices Today Feb 25 2026: Silver prices rallied sharply on Wednesday, supported by rising global trade uncertainty, geopolitical tensions and continued weakness in the US dollar. In global markets, silver tracked gains in precious metals as investors increased safe-haven exposure amid persisting US-Iran tensions and uncertainty surrounding US tariff policy. US President Donald Trump on Tuesday called Iran “the world's no 1 sponsor of terrorism” while indicating he preferred a diplomatic resolution. A third round of nuclear talks between the US and Iran is scheduled in Geneva on February 27. The US dollar continued to weaken after the US Supreme Court struck down high tariffs imposed last week. The dollar index eased 0.17 per cent to 97.68, making dollar-denominated commodities more attractive for overseas buyers. Analysts noted that sustained central bank gold purchases, including the People's Bank of China’s fifteenth consecutive month of buying in January, are supporting overall bullion sentiment. Silver Price Across Major Cities In India On Feb 25 Silver Price In Delhi Today The current silver price in Delhi stands at Rs 285 per gram and Rs 285,000 per kg. Silver Price In Chennai Today The current silver price in Chennai stands at Rs 295 per gram and Rs 295,000 per kg. Silver Price In Bengaluru Today The current silver price in Bengaluru stands at Rs 285 per gram and Rs 285,000 per kg. Silver Price In Mumbai Today The current silver price in Mumbai stands at Rs 285 per gram and Rs 285,000 per kg. Silver Price In Pune Today The current silver price in Pune stands at Rs 285 per gram and Rs 285,000 per kg. Silver Price In Kolkata Today The current silver price in Kolkata stands at Rs 285 per gram and Rs 285,000 per kg. Silver Price Today in Major Indian Cities City Per Gram Per KG Silver Rate in Hyderabad 295 295,000 Silver Rate in Ahmedabad 285 285,000 Silver Rate in Indore 285 285,000 Silver Rate in Lucknow 285 285,000 Silver Rate in Coimbatore 295 295,000 Silver Rate in Bhubaneswar 295 295,000 Silver Rate in Mysore 285 285,000 Silver Rate in Kanpur 285 285,000 Silver Rate in Salem 295 295,000 Silver Rate in Visakhapatnam 295 295,000 Silver Rate in Vijayawada 295 295,000 Silver Rate in Patna 285 285,000 To check Gold price in India today, click here.

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8 months ago
Gold Prices Remain On The Rise (Feb 25), Check 22K & 24K Rates Per Gram In Major Cities
Business

Gold Prices Remain On The Rise (Feb 25), Check 22K & 24K Rates Per Gram In Major Cities

24K & 22K Gold Price Today: Gold prices witnessed a modest correction in early trade on Tuesday, before reversing course and climbing slightly amid global uncertainty linked to renewed US tariff measures. Kotak Securities said that despite the correction, gold continues to find underlying support from hedging demand amid fiscal risks. Market participants are also awaiting key US economic data, including consumer confidence and manufacturing index readings. The pullback comes as the Trump administration seeks to reinstate its global tariff push after the US Supreme Court blocked several levies introduced last year. Following the ruling, President Donald Trump announced a fresh 10 per cent tariff effective Tuesday and signalled a possible increase to 15 per cent. The developments have prompted several countries to reassess trade strategies, with the European Union pausing ratification of its trade pact and India deferring talks with the US. Traders noted that Gold Rates in India  jumped, with Gold prices in Delhi and other key metros reflecting the latest rise. Gold Rates Across Major Cities In India On Feb 25 Gold Prices in Delhi Today (Per 1 Gram) 24 Karat - 16,204 22 Karat- 14,855 18 Karat- 12,157 Gold Prices in Chennai Today (Per 1 Gram)  24 Karat - 16,288 22 Karat- 14,930 18 Karat- 12,765 Gold Prices in Bengaluru Today (Per 1 Gram) 24 Karat - 16,189 22 Karat- 14,840 18 Karat- 12,142 Gold Prices in Mumbai Today (Per 1 Gram) 24 Karat - 16,189 22 Karat- 14,840 18 Karat- 12,142 Gold Prices in Pune Today (Per 1 Gram) 24 Karat - 16,189 22 Karat- 14,840 18 Karat- 12,142 Gold Prices in Kolkata Today (Per 1 Gram) 24 Karat - 16,189 22 Karat- 14,840 18 Karat- 12,142 Gold Price Today in Major Indian Cities City 24k Gold Per Gram 22k Gold Per Gram 18k Gold Per Gram Gold Rate in Hyderabad 16,189 14,840 12,142 Gold Rate in Ahmedabad 16,183 14,835 12,139 Gold Rate in Indore 16,141 14,835 12,139 Gold Rate in Lucknow 16,193 14,845 12,149 Gold Rate in Coimbatore 16,244 14,890 12,730 Gold Rate in Bhubaneswar 16,189 14,840 12,142 Gold Rate in Mysore 16,189 14,840 12,142 Gold Rate in Kanpur 16,193 14,845 12,149 Gold Rate in Salem 16,244 14,890 12,730 Gold Rate in Visakhapatnam 16,189 14,840 12,142 Gold Rate in Vijayawada 16,189 14,840 12,142 Gold Rate in Patna 16,183 14,835 12,139 To check Silver price in India today, click here.

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8 months ago
Job losses due to AI: US Fed gov Cook has important observation; says unemployment could rise in short-term
Business

Job losses due to AI: US Fed gov Cook has important observation; says unemployment could rise in short-term

Federal Reserve Governor Lisa Cook warned that AI is causing a significant reorganization of work, potentially leading to higher unemployment and complicating the Fed's ability to cut interest rates. She noted that job displacement may precede creation, and traditional monetary policy might struggle to address AI-induced unemployment without fueling inflation.

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8 months ago
From Lathmar To Masan: 6 Most Extraordinary Ways India Celebrates Holi
Lifestyle

From Lathmar To Masan: 6 Most Extraordinary Ways India Celebrates Holi

Holi marks the arrival of spring with joy, laughter and a riot of vibrant hues. Across India, preparations begin days in advance, markets brim with gulal, homes fill with festive sweets, and communities gear up for gatherings that celebrate togetherness. Traditionally associated with colours, music and festive cheer, Holi is a time when social boundaries soften and streets transform into open arenas of celebration. Yet beyond the familiar scenes of colour-smeared faces and water balloons, India offers a fascinating spectrum of Holi traditions that go far deeper than playful splashes of gulal. In different corners of the country, communities have shaped their own distinctive ways of observing the festival, each rooted in history, faith or regional culture. ALSO READ: Blood Moon 2026: Know When And Where To Witness The Total Lunar Eclipse In India Lathmar Holi, Uttar Pradesh (Image Source: PTI) In the twin towns of Barsana and Nandgaon, Holi takes on a dramatic and theatrical form known as Lathmar Holi. Linked to legends of Radha and Krishna, this celebration unfolds days before the main Holi festival. Here, women playfully strike men with wooden sticks, or lathis, while the men attempt to shield themselves. The spirited exchange draws thousands of visitors from India and abroad. The atmosphere is electric, filled with music, chants and anticipation, turning the event into a spectacle unlike any other. Phoolon Wali Holi, Uttar Pradesh (Image Source: PTI) In Vrindavan, Holi blooms in a different hue, one made entirely of flowers. Known as Phoolon Wali Holi, this celebration replaces synthetic colours with fragrant petals. At temples such as Banke Bihari Temple, priests shower devotees with flowers as devotional songs echo through the premises. The mood is serene yet joyful. Pilgrims and elderly travellers often prefer this version of Holi, drawn to its spiritual and gentle character. Masan Holi, Varanasi (Image Source: PTI) Varanasi presents perhaps the most unconventional expression of Holi, Masan Holi. Celebrated near Manikarnika Ghat, this ritual uses ash from funeral pyres instead of coloured powders. The observance reflects the city’s profound spiritual philosophy, where life and death are seen as intertwined cycles rather than opposites. In this setting, Holi becomes more than a festival of colour; it transforms into a reminder of existence’s deeper truths. Hola Mohalla, Punjab (Image Source: PTI) In Anandpur Sahib, the spirit of Holi merges with valour during Hola Mohalla, a Sikh festival established by Guru Gobind Singh. Unlike colour-centric celebrations, Hola Mohalla features martial arts demonstrations, mock battles, horseback riding and community meals known as langars. Strength, discipline and unity take centre stage. While it coincides with the Holi period, the festival offers a distinctly different energy rooted in courage and tradition. Kumaoni Holi, Uttarakhand (Image Source: x/ @ankit_agarwal02) In the Kumaon region of Uttarakhand, Holi unfolds not with exuberant colour fights but through music and melody. Known as Kumaoni Holi, the celebration centres on classical ragas, devotional songs and community gatherings. Towns like Almora and Nainital host performances that stretch across several weeks. The experience feels immersive and reflective, blending spirituality with rich cultural heritage. Here, Holi becomes a musical journey rather than a burst of colour. Basant Utsav, West Bengal (Image Source: PTI) In Shantiniketan, Basant Utsav presents a cultural interpretation of Holi inspired by Rabindranath Tagore. Students dressed in yellow welcome spring with songs, poetry recitations and graceful dance performances. The atmosphere feels artistic and refined. Rather than boisterous celebrations, this version of Holi highlights creativity and cultural expression, making it especially appealing to travellers seeking a thoughtful and elegant experience.

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8 months ago
Global Affairs: Trump Claims He Prevented Pakistan PM’s Death During India-Pakistan Tensions
World

Global Affairs: Trump Claims He Prevented Pakistan PM’s Death During India-Pakistan Tensions

During his second State of the Union address to the U.S. Congress, former President Donald Trump claimed that he personally intervened to prevent the assassination of Pakistan’s Prime Minister Shehbaz Sharif amid heightened India-Pakistan tensions. Referring to the operation as “Operation Sindoor,” Trump asserted that his actions averted potential escalation as India conducted airstrikes targeting multiple military installations. Trump emphasized that Pakistan’s political and military leadership had approached the United States for de-escalation support, highlighting the seriousness of the situation. According to him, his intervention prevented the conflict from potentially escalating into a nuclear confrontation between the neighboring countries. Analysts note that India maintained a strict “no third-party interference” stance, executing precise strikes against terrorist hubs while avoiding actions that could trigger a broader conflict. Experts say India’s strategy demonstrated both military precision and diplomatic restraint, balancing decisive action with caution. Trump’s remarks have reignited debate over external involvement in bilateral disputes and the narrative surrounding Operation Sindoor, underscoring the ongoing volatility of South Asian geopolitics and the delicate interplay of military and diplomatic strategy in the region.

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8 months ago
8th Pay Commission Before Holi: Will Salaries Jump With Higher Fitment Factor?
Business

8th Pay Commission Before Holi: Will Salaries Jump With Higher Fitment Factor?

As Holi approaches and households prepare for colours, sweets and celebration, central government employees and pensioners have another reason to watch the calendar closely.  Just days before the festival, fresh data on Dearness Allowance (DA) has reignited discussions around the likely fitment factor under the upcoming 8th Pay Commission. While no formal announcement has yet been made on the constitution or rollout timeline of the new pay panel, the numbers emerging from inflation trends are offering the clearest hint yet of what may lie ahead. Why Dearness Allowance Signals A 1.60 Baseline The current conversation centres on the Dearness Allowance, the cost-of-living adjustment paid to central government employees to offset inflation. Under the 7th Pay Commission structure, DA has now crossed the 60 per cent mark. According to the latest Labour Bureau data, the All-India Consumer Price Index for Industrial Workers (CPI-IW) stood at 148.2 points in December 2025. This supports a further 2 per cent DA increase for the January–June 2026 period. When added together, cumulative DA works out to approximately 60.34 per cent, which is expected to be rounded to 60 per cent for payout purposes. This figure is significant because of how pay commissions calculate revised salaries. The fitment factor acts as a multiplier on existing basic pay. In simple terms, if an employee’s base pay at the start of a commission cycle is indexed at “100”, adding 60 per cent DA effectively takes it to “160”. That directly translates into a fitment factor of 1.60. Experts tracking the pay commission process argue that this mathematical benchmark makes it unlikely that the 8th Pay Commission will recommend a fitment factor below 1.60. Could The Multiplier Go Higher? While 1.60 appears to be the logical floor, several variables suggest the final outcome could be more generous. During the COVID-19 period, three scheduled DA instalments were frozen for nearly 18 months. These increments were never restored retrospectively. Analysts point out that had these instalments been released on schedule, cumulative DA today would likely have been well above 60 per cent. That strengthens the case for a higher fitment factor when salaries are recalibrated. There is also the matter of timing. Even if the 8th Pay Commission is assumed to take effect from January 1, 2026, past experience shows that recommendations often take up to two years, sometimes longer, to be finalised and implemented. During that interim period, inflation adjustments would continue, and DA could potentially climb into the 80-90 per cent range. If such a scenario unfolds, some analysts suggest that a fitment factor of 1.8 or even 1.9 may become a more realistic expectation when the final recommendations are put on the table. What This Means For Salaries And Pensions The fitment factor is not just an abstract number. It determines the revised basic pay, which in turn influences multiple components of compensation. House Rent Allowance (HRA), Transport Allowance and various other benefits are calculated as percentages of basic pay. A higher multiplier would therefore ripple through overall remuneration. Pensioners are watching developments just as closely. Since pensions are linked to last drawn basic pay, any upward revision would directly affect monthly payouts. For retirees planning expenses, especially ahead of festival spending or financial commitments in the new financial year, clarity on the pay panel timeline remains important. Employee unions and associations are actively lobbying for a fitment factor well above the mathematical minimum. Their argument rests on two pillars: cumulative inflation and compensation for the pandemic-era DA freeze. They contend that salary revisions should not merely keep pace with inflation but also address the perceived gap created during the freeze period.

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8 months ago
US Capitol Watch: Trump Calls Supreme Court Tariff Ruling Unfortunate, Says America’s Golden Age Has Begun
World

US Capitol Watch: Trump Calls Supreme Court Tariff Ruling Unfortunate, Says America’s Golden Age Has Begun

Addressing lawmakers at the United States Congress, President Donald Trump sharply criticized a recent tariff-related judgment by the Supreme Court of the United States, calling it “unfortunate” and contrary to America’s broader economic interests. Trump reiterated his long-standing opposition to the ruling, arguing that strong tariff measures are essential to protecting domestic industries and maintaining the country’s competitive edge in global trade. During his ongoing address, Trump framed the current phase of his administration as the beginning of what he described as America’s “Golden Age.” He asserted that decisive economic policies, trade reforms, and industrial growth strategies would drive national prosperity despite judicial setbacks. The remarks highlight continuing tensions between the executive branch and the judiciary over trade authority and economic policy. The tariff decision has sparked debate among lawmakers and policy experts about the balance of powers and the long-term impact on U.S. trade relations. As the speech continues, political observers are closely watching how Congress and markets respond to the President’s strong stance on trade and judicial intervention.

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8 months ago
ABP Live Doc Talk: Before You Throw That Gulal, Know The Hidden Eye Risks Linked To Holi Colours
Health

ABP Live Doc Talk: Before You Throw That Gulal, Know The Hidden Eye Risks Linked To Holi Colours

Holi is a festival of joy, vibrant colours and celebration. As people herald in a new season with colour, symbolising colour in all aspects of life, it warrants that this celebration is done with precaution. Tradition wise, turmeric, sandalwood and flower extracts were used in the making process of Holi colours.  In today’s times, there is often a flip side of celebrations - preventable eye injuries that could have been avoided with simple precautions. Synthetic dyes and heavy metals such as lead or chromium are used which can lead to harmful effects like burning, redness, infections, allergies and even long-term damage. ALSO READ: Holi 2026: Pre And Post Skincare Routine You Should Follow Before And After Playing With Colours Eye Injuries Due To Chemicals  A study once conducted at the All India Institute of Medical Sciences found that nearly 13.8% of emergency visits during Holi were due to eye injuries associated with chemicals. This is indeed the case in practical life. Most of them involved redness due to sub conjunctival haemorrhage, corneal abrasions (scratches on the eye surface), and chemical conjunctivitis caused by synthetic "gulal" or forceful water balloon injuries. Young men of ages 21–30 were most commonly affected, ostensibly due to how they tend to play rough. Even in the current context, while many injuries I see are mild, some can threaten vision if treatment is delayed and unfortunately, many patients seek help only a day later, which increases the risk of complications. Preventive Tips  If colour enters your eyes, it is very important that you don’t rub them. Rubbing can cause corneal abrasions and worsen irritation. Instead of rubbing, gently rinse with clean water or sterile saline if available. Lean your head back and pour clean water from the inner corner of the eye outward to wash away particles. Don’t splash the water forcefully and don’t use any medical drops without the prescription of an ophthalmologist. Preservative-free lubricating drops can be used and are safe for mild irritation. Exercise Caution It is always better to be precautionary than getting delayed treatment. Wear sunglasses or swimming goggles which will cover your eyes from all the sides while playing colors. To prevent colours from sticking, apply thin layer of coconut oil or petroleum jelly around the eyes. Choose organic or herbal colours, avoid dry powders and maintain a safe distance from water balloons. Don’t wear contact lenses, it can worsen the side effects.  Wash your face and eyes gently with cold water after you are done playing colours. If redness, blurred vision, swelling, or persistent discomfort continues, consult an eye specialist immediately. A preferred window is within 1 to 4 hours of the incident.  Holi should leave you with beautiful memories, not blurry vision. Celebrate responsibly, protect your eyes, and let the colours remain a symbol of happiness, not harm. Disclaimer: The information provided in the article is shared by experts and is intended for general informational purposes only. It is not a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of your physician or other qualified healthcare provider with any questions you may have regarding a medical condition.

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8 months ago
‘Shake-up call’: Shastri warns India must act fast to save semi-final hopes
Sports

‘Shake-up call’: Shastri warns India must act fast to save semi-final hopes

India face a crucial Super 8 clash against Zimbabwe after a significant loss to South Africa. Former coach Ravi Shastri believes this setback could be the wake-up call the team needs. India must win to avoid elimination. Shastri emphasises strengthening bowling with Axar Patel's return. The team's semi-final hopes now depend on a swift and effective response to this challenge.

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8 months ago