SpiceJet announced on Tuesday the appointment of former IndiGo senior executive Sanjay Kumar as its Executive Director, effective November 3, 2025. Kumar will lead the airline’s strategic growth, focusing on expansion, operational improvement, and business transformation. He will report directly to Ajay Singh, Chairman and Managing Director of SpiceJet.
RBI likely sold $12 billion in gold reserves amid rupee pressure
India’s central bank, the Reserve Bank of India (RBI), is estimated to have sold nearly $12 billion worth of gold reserves within a two-week period ending May 22. The assessment, based on...




