India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
New Delhi: A Parliamentary Committee on Transport will summon Boeing executives, Air India representatives, the Civil Aviation Secretary, and DGCA officials in early July to discuss critical lapses linked to the deadly Air India Dreamliner crash in Ahmedabad. The panel aims to scrutinise multiple shortcomings, including aircraft maintenance gaps, the DGCA's oversight role, and pilot mental fitness. Focus On Safety And Oversight Sources say the committee will examine recent helicopter accidents on the Char Dham route as well. Members will consult in Gangtok next week to review northeastern air and road connectivity and will travel on an Air India flight for a firsthand look at airline operations and safety standards. Immediate Disciplinary Action After Crash Following the tragic crash, which occurred seconds after take-off, the DGCA removed three senior Air India officials from duties related to crew scheduling and ordered disciplinary action. The regulator warned that failing to comply could even lead to suspension of the airline's licence. Key Black Box Data Recovered Meanwhile, the Aircraft Accident Investigation Bureau (AAIB) has successfully extracted data from the aircraft's black boxes. The modules were transported securely from Ahmedabad to Delhi by IAF aircraft and analysed jointly by Indian and US experts. This data will help investigators reconstruct the final moments before the crash and guide safety improvements.
Air India launched a Black Friday Sale with discounts up to 20% on domestic flights and up to 12% on international flights to various destinations. The sale is available through the airline's website and mobile apps. Additional savings are possible with waived convenience fees and specific payment methods. The airline continues offering student and senior citizen discounts.Air India on Friday launched a limited-time Black Friday Sale offering discounts of up to 20 per cent off base fares for domestic flights within India. The Tata-owned airlines will also offer up to 12 per cent off base fares ...Read More >
Katra (J-K) | Prime Minister Narendra Modi is set to inaugurate on Friday the world's tallest bridge over Chenab river ahead of dedicating to the nation the much-awaited Kashmir rail service here. After his arrival at the Air Force station in Udhampur, the prime minister left in a chopper to inaugurate the bridge over Chenab. A multi-tier security setup has been put in place for the prime minister's visit, his first to the Union Territory post Operation Sindoor launched by the Indian Armed Forces across the border to hit terrorist infrastructure during the intervening night on May 6 and 7 in ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Mumbai: Air India has issued a statement explaining the reason behind the delay in the take off of the Bangkok-bound Air India Flight AI 2354, on June 25. The flight was delayed for more than 5 hours after hay was discovered lodged beneath the left wing of the aircraft, the airline confirmed in a statement. Reportedly, Flight AI 2354, operated by an Airbus A320Neo, was scheduled to depart Mumbai at 7:45 AM but took off only around 1:00 PM. The airline's immediate action in the matter resulted in the quick removal of the hay, stated the airline. The aircraft was subsequently deemed fit for ope ...Read More >
New Delhi, May 22 (SocialNews.XYZ) The pilots of the IndiGo plane, which was damaged in rough weather en route to Srinagar, were denied permission by the Lahore ATC to venture briefly into Pakistan airspace to escape the hailstorm, in complete violation of humanitarian norms. India's civil aviation regulator, the DGCA, said the aircraft was cruising at an altitude of approximately 36,000 feet near Punjab's Pathankot when it ran into a thunderstorm and hailstorm. Experiencing severe turbulence, the crew first requested the Northern ATC of the Indian Air Force to allow the flight to deviate to ...Read More >
NEW DELHI, June 3 (Reuters) - Prime Minister Narendra Modi's high-profile attendance at a global airlines conference this week underscores how much India is banking on a boom in aviation to support wider development goals, but headwinds to its ambitions are gathering force. Undeterred by the uncertainty gripping the aviation sector globally due to trade tensions and shaky consumer confidence, India's biggest airlines are ploughing ahead with orders for new planes, following record deals two year ...Read More >
Katra: Prime Minister Narendra Modi is set to inaugurate on Friday the world's tallest bridge over Chenab river ahead of dedicating to the nation the much-awaited Kashmir rail service here. After he arrived at the Air Force station in Udhampur, the prime minister left in a chopper to inaugurate the bridge over Chenab. A multi-tier security setup has been put in place for the prime minister's visit, his first to the Union Territory post Operation Sindoor launched by the Indian Armed Forces across the border to hit terrorist infrastructure during the intervening night on May 6 and 7 in retaliat ...Read More >
Lucknow (Uttar Pradesh) [India], June 26 (ANI): The family members of Axiom Mission 4 (Ax-4) pilot and Indian Air Force Group Captain Shubhanshu Shukla met Uttar Pradesh Chief Minister Yogi Adityanath in Lucknow on Thursday evening. Shukla's father Shambhu Dayal Shukla, mother Asha Shukla, sister Shuchi Mishra, and brother met the Chief Minister, who felicitated them and presented them with a token of appreciation in honour of Shukla's selection for the space mission. Also Read | 8th Pay Commission To Triple Medical Allowance and Raise Minimum Salary to INR 27,000? Check Details. Speaking t ...Read More >
Investing.com -- India has declined an offer from the United Nations aviation agency to include one of its investigators in the probe of the Air India Boeing (NYSE:BA) 787-8 Dreamliner crash that killed 260 people in Ahmedabad on June 12, according to a Reuters report on Thursday. The International Civil Aviation Organization (ICAO) made the unusual move earlier this week by offering to provide investigative assistance without being asked. The ICAO requested that their investigator, who was already in India, be granted observer status in the investigation, but Indian authorities rejected this ...Read More >
New Delhi [India], June 27 (ANI): A non-specific security alert was detected on one of Air India's aircraft on Friday. The aircraft was cleared for the next flight after standard security procedures, the Air India spokesperson said. A statement issued by the Air India spokesperson said, "A non-specific security alert was detected on one of our aircraft. Standard security procedures were duly carried out, and the aircraft has been cleared for the next flight. Air India accords top priority to the safety and security of its passengers and crew." Also Read | Shimla Shocker: Private School Princ ...Read More >
Saharanpur: An Indian Air Force Apache attack helicopter made a precautionary landing near Saharanpur during a routine training on Friday. The helicopter safely returned to the Saharanpur air base after the incident. The landing was precautionary, it was not due to an emergency but rather a safety measure. No casualties or injuries reported. Army and police officials reached the site to asses the situation. The IAF is investigating further in this matter. This incident follows a series of precautionary landings and crashes involving IAF aircraft in recent months, including a Mirage 2000 cra ...Read More >
Mhow, Jun 7 (PTI) In a disturbing incident, a stray dog was seen clutching a dead newborn in its jaws near the toilet of a government hospital in Madhya Pradesh's Indore district on Saturday before a security guard managed to retrieve the body after shooing away the animal. Authorities at the civil hospital in Mhow, some 25 kilometres from the district headquarters, and police have begun a probe into the antecedents of the newborn and the chain of events that followed. ...Read More >
AP EAMCET Result 2025: APSCHE has declared the results for AP EAPCET today, June 8, 2025. AP EAMCET Result 2025: The Andhra Pradesh State Council of Higher Education (APSCHE) has declared the results for Andhra Pradesh Engineering, Agriculture, and Pharmacy Common Entrance Test (AP EAPCET) 2025 today, June 8, 2025. Candidates who appeared for the examination can login and check their results on the official website, cets.apsche.ap.gov.in. AP EAMCET is now called as AP EAPCET. AP EAMCET Result 2025: How To Download Your Result? Visit the official website, cets.apsche.ap.gov.in.Click on "AP E ...Read More >
Mumbai, Jun 27 (PTI) India's forex reserves dropped by USD 1.01 billion to USD 697.93 billion for the week ended June 20, the Reserve Bank of India said on Friday. In the previous reporting week, the reserves had jumped by USD 2.29 billion to USD 698.95 billion. Forex reserves had touched an all-time high of USD 704.885 billion in September 2024. Also Read | Ahmedabad Plane Crash Probe: Parliamentary Committee To Grill Boeing and Air India Executives, DGCA Officials; Sources Say 'Multiple Shortcomings' Matter of Concern. For the week ended June 20, foreign currency assets, a major component ...Read More >
New Delhi/Thiruvananthapuram, June 27: Nearly two weeks after it made an emergency landing at Thiruvananthapuram airport, the UK F-35B Lightning II stealth fighter jet will be moved to the Maintenance Repair and Overhaul facility at the airport as it awaits repairs, the British High Commission stated on Friday. "A UK F-35B aircraft is awaiting repairs at the Thiruvananthapuram International Airport after developing an engineering issue. The UK has accepted an offer to move the aircraft to the Maintenance Repair and Overhaul facility at the airport. The aircraft will be moved to the hangar onc ...Read More >
Kolkata, Dec 6 (PTI) Air India Express, the budget-carrier arm of Air India, is embarking on a significant expansion by increasing its fleet size and introducing new routes, as passenger growth remains robust. The airline, however, has deferred plans to launch direct flights between Kolkata and Dhaka, citing the ongoing political crisis in Bangladesh. "You would recall we had announced our operational plan for Dhaka, which is a new and significant market for us. But because of the situation there, we have deferred those plans," Aloke Singh, Managing Director of Air India Express, said. "As ...Read More >
New Delhi, Jun 6 (PTI) An Apache helicopter of the Indian Air Force (IAF) made a "precautionary landing" in Uttar Pradesh's Saharanpur on Friday due to a technical issue while on a routine sortie, officials said. Both the pilot and the co-pilot are safe, they said. Also Read | Bengaluru Stampede: Police Complaint Lodged Against Virat Kohli Over Stampede Tragedy Near Chinnaswamy Stadium. An IAF Apache helicopter made a "precautionary landing" in Saharanpur around 11 am due to a technical issue, a senior IAF official said. All necessary checks were conducted after the landing and the helicop ...Read More >
New Delhi: The Axiom-4 mission piloted by Indian Air Force Group Captain Shubhanshu Shukla, along with the other crew, docked at the International Space Station at around 4:01 pm on Thursday. Upon successful docking and opening of the hatch, Shubhanshu was seen greeting the crew members with hugs and handshakes. As the crew entered the space station after opening the hatches of the spacecraft successfully, they greeted themselves by hugging and handshaking after eagerly waiting for their safe arrival from Earth onboard the Dragon spacecraft. On June 25, the Axiom-4 crew successfully lifted o ...Read More >
New Delhi, Jun 26: India's Aircraft Accident Investigation Bureau (AAIB) has begun the critical analysis of the black boxes recovered from the wreckage of Air India Flight AI-171, which crashed earlier this month. The Civil Aviation Ministry confirmed that all investigation steps are being carried out as per international norms laid down by the International Civil Aviation Organization (ICAO). As a signatory to the ICAO's 1944 Chicago Convention, India investigates aircraft accidents in line with ICAO's Annex 13 and under the Aircraft (Investigation of Accidents and Incidents) Rules, 2017. Th ...Read More >
NEW DELHI, June 26 (Xinhua) -- The Indian government said on Thursday that the black box data of crashed Air India Flight AI-171 has been downloaded to reconstruct the sequence of events leading to its crash recently in the western Indian state of Gujarat. According to India's federal civil aviation ministry, the analysis of Cockpit Voice Recorders (CVR) and Flight Data Recorders (FDR) data was underway. The ministry said the Aircraft Accident Investigation Bureau promptly initiated an investigation and constituted a multidisciplinary team on June 13 in accordance with international norms an ...Read More >
Mumbai: Recurring aircraft defects, unserviceable ground handling gear, and faded runway markings are among a range of safety lapses discovered by the civil aviation regulator after an intensive survey of key airports including Delhi and Mumbai. The Directorate General of Civil Aviation (DGCA) has ordered airport operators and airlines to address these safety concerns within a week. The inspections come on the heels of the June 12 crash of an Air India plane in Ahmedabad, killing 241 people on ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
New Delhi, Jun 27 (PTI) Equity investors became richer by Rs 12.26 lakh crore as stock markets surged for the fourth day in a row on Friday amid de-escalation in geopolitical tensions and softening crude oil prices in international markets. On Friday, the BSE benchmark Sensex climbed 303.03 points or 0.36 per cent to reclaim the 84,000 level and settled at 84,058.90. During the day, the Sensex jumped 333.48 points or 0.39 per cent to 84,089.35. Also Read | Ahmedabad Plane Crash Probe: Parliamentary Committee To Grill Boeing and Air India Executives, DGCA Officials; Sources Say 'Multiple Shor ...Read More >
MUMBAI -- Investigators have recovered flight recorder data from the Air India crash earlier this month, the civil aviation ministry has confirmed, marking a key step in the probe. At least 270 people were killed when the London-bound Boeing 787-8 Dreamliner crashed less than a minute after taking off on 12 June from Ahmedabad airport in western India. Investigators had earlier recovered both sets of Enhanced Airborne Flight Recorders (EAFRs) - the "black boxes" - from the Boeing 787 crash site on 13 and 16 June - one from a rooftop, the other from the debris. It could be several weeks befo ...Read More >
New Delhi: Aviation watchdog DGCA will soon come out with streamlined regulations for wet-leasing of planes by Indian airlines that will also entail enhanced oversight of the aircraft, amid airlines looking to operate more planes to meet rising travel demand. With persisting supply chain woes, there is a delay in aircraft deliveries and to meet the near-term needs, carriers are opting for planes on dry and wet leases. A senior official in the know told PTI that the efforts are on to streamline the regulations for wet-leasing of planes to assist in the growth of the aviation. "Realities of the ...Read More >
New Delhi [India], January 31 (ANI): Parents of Wing Commander Shubhanshu Shukla were elated after their son was selected as the pilot for National Aeronautics and Space Administration (NASA)'s Axiom-4 mission, scheduled this year. The parents credited Shubhanshu's hard work and dedication for his success and also acknowledged the contribution his wife behind his success. Expressing her immense happiness in an interaction with ANI, Shukla's mother Asha Shukla said she can't express her emotions in words. "We cannot express our feelings in words," she said. "Our joy is unlimited; we cannot p ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Rudraprayag (Uttarakhand) [India], June 7 (ANI): A helicopter carrying five devotees en route to Kedarnath Dham made an emergency landing on a national highway near Bharasu in Uttarakhand's Rudraprayag district on Saturday, temporarily disrupting traffic in the region, officials said. According to officials, the chopper - an AW119 operated by Kestrel Aviation Private Limited - developed a sudden technical fault during takeoff, prompting the pilot to carry out a hard but controlled landing on the nearby road. Also Read | ICU Horror at ESIC Medical College in Rajasthan: 32-Year-Old Woman Alleg ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >
June 25 (Rtrs) - India would not allow a UN investigator to join a probe of a crashed Air India jet that some safety experts had criticized for delays in analysis of crucial black box data, two senior sources familiar with the matter told Reuters. Earlier this week, the United Nations aviation agency took the unusual step of offering India one of its investigators to provide assistance following the Boeing (BA.N), opens new tab 787-8 Dreamliner crash killing 260 people in Ahmedabad on June 12. ...Read More >