The strange cohabitation of rising growth and falling currency highlights the faultlines and one of many paradoxes flickering in the political economy.
Was it that the scale that once gave IndiGo a competitive edge had suddenly become a liability? Or were there other reasons that triggered the crisis and saw it spiral?
Brittas said the scale, speed, and severity of disruptions after the DGCA’s revised FDTL norms revealed deep structural failures in regulatory preparedness and consumer protection and leaving passenge ...