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.
Mumbai (Maharashtra) [India], June 28 (ANI): A Chennai-bound Air India flight returned to Mumbai, its departure location, after being alerted about a burning smell inside the cabin, the airline confirmed on Saturday. According to Air India, the incident occurred on Friday (June 27) on flight AI639, which departed from Mumbai and was headed to Chennai. 'The crew of flight AI639 operating from Mumbai to Chennai on Friday, June 27, 2025, made a precautionary air-return to Mumbai due to a burning smell in the cabin,' an Air India spokesperson said. 'The flight landed safely back in Mumbai, and an aircraft change was initiated. Our ground colleagues in Mumbai provided all necessary support to passengers to minimise the inconvenience caused by this unforeseen disruption,' the spokesperson added. In another incident, 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.' Earlier, Air India Express (a subsidiary of Air India) flight IX2564, operating from Delhi to Jammu, was forced to return to its point of origin after a technical issue was detected mid-flight. The flight, operated by an Airbus A320 aircraft, had a scheduled departure time of 10:40 AM but took off at 11:04 AM. It was expected to arrive in Jammu at 12:05 PM. However, the aircraft was diverted back to Delhi, as per Flightradar24. Confirming the development, an Air India Express spokesperson said, 'An alternative aircraft was arranged to operate our Delhi-Jammu flight after the original aircraft returned to Delhi due to a technical issue. We regret the inconvenience caused.' These security concerns have come to light following the crash of the London-bound Air India-171 flight in Ahmedabad on June 12, killing 241 out of 242 passengers and crew members on board. (ANI)
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 >
New Delhi [India], July 9 (ANI): Senior officials of the Aircraft Accident Investigation Bureau (AAIB) told a parliamentary panel on Wednesday that the preliminary report on the plane crash in Ahmedabad is likely to be placed in the public domain in the next few days, sources said. Parliament's Standing Committee on Transport, Tourism and Culture met here on Wednesday with members making queries and seeking clarifications on the issue of safety and aircraft maintenance. The members, sources said, talked about the vast expansion of air sector in India, the projected growth and the need to exp ...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 >
Puri (Odisha) [India], June 27 (ANI): The grand annual Rath Yatra of Lord Jagannath commenced in Odisha's Puri on Friday, as thousands of devotees began pulling the majestic chariots of Lord Jagannath, Lord Balabhadra, and Devi Subhadra from the Jagannath Temple to the Gundicha Temple, amidst chants, drumbeats, and spiritual fervour. Following the completion of key rituals, including the sacred 'Chhera Pahanra' (sweeping ceremony) performed by Gajapati Maharaja Dibyasingha Deb, the deities were ceremonially placed on their respective chariots -- Nandighosha, Taladhwaja, and Darpadalana. Also ...Read More >
New Delhi: The Aircraft Accident Investigation Bureau (AAIB) is probing from all angles, including sabotage, in the Air India plane crash in Ahmedabad that killed 274 people on board and on the ground last month, Minister of State (MoS) For Civil Aviation Murlidhar Mohol said. Mohol said the black box of the Air India flight AI 171 that has been recovered is in AAIB's custody and will not be outside the country for a thorough assessment. The MoS was speaking at the Pune chapter of the Emerging Business Conclave. "It (plane crash) was an unfortunate incident. The AAIB has begun a full investig ...Read More >
New Delhi [India], July 4 (ANI): An Air India flight from Bengaluru to Delhi was delayed in the early hours of Friday after a medical emergency involving one of its pilots. Flight AI2414 was set to depart on schedule, but the rostered pilot fell ill just before takeoff and was immediately taken to a local hospital. In a statement, an Air India spokesperson confirmed the incident, saying, 'There was a medical emergency involving one of our pilots in the early hours of 04 July. As a result, the pilot was unable to operate the flight AI2414 from Bengaluru to Delhi, which he was rostered for, and ...Read More >
The Aircraft Accident Investigation Bureau (AAIB) informed a parliamentary panel that the initial investigation report on the Air India Flight AI-171 incident in Ahmedabad is still pending, contrary to media reports. The AAIB clarified that the preliminary report will be released within 30 days of the June 12 crash, setting a timeline for the public disclosure of findings. The Aircraft Accident Investigation Bureau (AAIB) has clarified to a parliamentary panel that it has not yet submitted the i ...Read More >
Ahmedabad (Gujarat) [India] July 11 (ANI): Gujarat has made significant strides in combating tuberculosis (TB), achieving a 34% decline in new cases and a 37% reduction in mortality rates compared to 2015. This remarkable progress has earned the state the top spot in the "Most Improved State" category. Gujarat Governor Acharya Devvrat, in the presence of Chief Minister Bhupendrabhai Patel on Friday, held a meeting at Raj Bhavan with senior officials of the Health and Family Welfare Department and thoroughly reviewed the efforts being made under the TB-free India campaign in Gujarat. Also Rea ...Read More >
Mumbai (Maharashtra) [India], June 28 (ANI): A Chennai-bound Air India flight returned to Mumbai, its departure location, after being alerted about a burning smell inside the cabin, the airline confirmed on Saturday. According to Air India, the incident occurred on Friday (June 27) on flight AI639, which departed from Mumbai and was headed to Chennai. Also Read | Aurangabad Shocker: Woman Kills Husband With Help of Lover in Bihar; Wife Arrested, Manhunt Launched To Nab Paramour. "The crew of flight AI639 operating from Mumbai to Chennai on Friday, June 27, 2025, made a precautionary air-ret ...Read More >
New Delhi [India], July 4 (ANI): Air India on Friday denied allegations of coercing families of victims of the AI-171 accident into signing documents about their financial dependency on the deceased to reduce compensation payouts. In a detailed statement, the airline called the claims 'unsubstantiated and inaccurate.' The controversy surfaced following reports that some of the bereaved families were being compelled to disclose financial ties to their deceased loved ones--allegedly as a prerequisite for receiving compensation. However, the airlines clarified that the request for such informa ...Read More >
New Delhi [India], July 8 (ANI): Members of Parliament's Public Accounts Committee (PAC) on Tuesday raised serious concerns over aviation safety following the Air India Flight AI-171 crash in Ahmedabad and the sudden surge in flight fares from Srinagar to other cities after the recent terror attack in Pahalgam, according to sources. The Parliamentary panel today met with top officials from the Civil Aviation Ministry and representatives from major airlines. As per sources, several committe members have expressed strong dissatisfaction over the way various airlines drastically increased their ...Read More >
Mumbai (Maharashtra) [India], July 8 (ANI): Iconic filmmaker Raj Kapoor's family is quite famous for their endless love for food. The members of the famous Kapoor Khandaan often meet with each other and bond over different cuisines. On veteran actor Neetu Kapoor's 67th birthday on July 8, Kareena Kapoor Khan dropped a throwback picture of the two gorging on their favourite "sindhi curry". Also Read | 'L365?: Is Mohanlal Playing a Cop in Austin Dan Thomas' Upcoming Malayalam Film? (View Poster). "Happy birthday Neetu aunty (rainbow and red heart emojis) sindhi curry forever ok lots of love," ...Read More >
Kochi (Kerala) [India], July 8 (ANI): Actor Soubin Shahir was arrested in Kochi, allegedly in a financial fraud case related to the film 'Manjummel Boys'. The court had granted anticipatory bail, and he will be released after recording his arrest, as per the Kochi police. The police had registered a case against Soubin Shahir, an actor-producer, and Shawn Antony, a producer, on a complaint by Siraj Valiathara Hameed that they had not paid him the share of the profit made from the movie, despite his contribution of Rs 7 crore towards its production. Also Read | 'L365?: Is Mohanlal Playing a C ...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: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...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 >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...Read More >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
New Delhi [India], July 1(ANI): An Air India flight en route to Vienna from Delhi experienced a serious mid-air incident on June 14, during which the aircraft suddenly lost altitude by nearly 900 feet, prompting an investigation by the Directorate General of Civil Aviation (DGCA). Air India, in an official statement, confirmed that both pilots involved in the incident have been removed from active duty pending the outcome of the probe. The airline stated that the matter was reported to the DGCA immediately, by aviation regulations. Also Read | India Developing Its Own Bunker-Buster Missile? ...Read More >
Mumbai (Maharashtra) [India], July 8 (ANI): Star couple Shabana Azmi and Javed Akhtar on Tuesday boarded an Air India flight to reach Wimbledon and expressed full faith in the 'national carrier with the best inflight service in the world'. Taking to X, Shabana shared a picture with Javed from the flight, reiterating 'faith' in the airline service. 'Off to #London for [?]@Wimbledon[?] on [?]@airindia. Reiterating faith in our National carrier with the best inflight service in the world ! [?]@Javedakhtarjadu @mantagoyal,' she captioned the post. Last week, Raashii Khanna took to her Instagram ...Read More >
New Delhi [India], July 9 (ANI): The Parliamentary Standing Committee on Transport, Tourism and Culture is holding a meeting at Parliament House Annexe. The meeting will focus on the Overall review of safety in the civil aviation sector Committee Chairman Sanjay Kumar Jha, Air India CEO Campbell Wilson, and Officials of the Ministry of Civil Aviation, the Directorate General of Civil Aviation, and the Airports Authority of India. are attending the Tuesday meeting being held at Parliament House Annexe On Tuesday, Members of Parliament's Public Accounts Committee (PAC) raised serious concerns ...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 >
Durgapur (West Bengal) [India], June 28 (ANI): The West Bengal unit of the Congress party staged a protest in Durgapur on Saturday over the alleged gangrape of a law student in Kolkata. Carrying party flags, protesters also held a sit-in demonstration. Police intervened to disperse the crowd in order to ease traffic congestion. Also Read | Bengaluru Horror: Woman Kills Pet Dog for Tantrik Ritual, Hides Rotting Body in Apartment for Days; Case Registered. A protester told ANI, "Mamata Banerjee is the first lady Chief Minister of West Bengal. A common citizen of Bengal had trusted her with th ...Read More >
Hyderabad (Telangana) [India], July 4 (ANI): Congress chief Mallikarjun Kharge on Friday came down heavily on the Rashtriya Swayamsewak Sangh (RSS) over its pitch to reconsider the words 'secular and socialist' from the Preamble of the Indian Constitution while saying that it was 'all talk'. He dared and challenged RSS General Secretary Dattatreya Hosabale and top leaders of the ruling Bharatiya Janata Party (BJP) in the centre to remove the words 'secular and socialist' from the Preamble. 'Days before, I heard that some RSS person said that we should remove Secular and Socialist words from ...Read More >
New Delhi [India], July 8 (ANI): Delhi government will be rolling out the 'Saheli Smart Card' for women and transgender people, allowing them to travel the Delhi Transport Corporation (DTC) and cluster buses for free of cost. According to sources, the Saheli Smart Card scheme is expected to be rolled out on August 15, Independence Day. Also Read | Shabana Azmi and Javed Akhtar Reiterate Their Faith in Air India After AI 171 Crash As Both Travel to London To Attend Wimbledon 2025; Call It 'Best Inflight Service'. The scheme is meant to replace the 'Pink Ticket' system which was launched by t ...Read More >
Gandhinagar (Gujarat) [India], June 27 (ANI): Gujarat Chief Minister Bhupendra Patel stated that education is the foundational pillar of a developed society and a progressive state. He emphasised that Prime Minister Narendra Modi has always given special importance to schools, teachers, and education. On the second day of the Kanya Kelavani Mahotsav and Shala Praveshotsav 2025, coinciding with the auspicious occasion of Ashadhi Beej, Chief Minister Patel visited the Primary School in Pundrasan village, Gandhinagar district. He welcomed 197 children into the school by gifting them educational ...Read More >
Ahmedabad (Gujarat) [India], June 28 (ANI): Union Home Minister Amit Shah on Saturday inaugurated the newly constructed Cooperative Complex built by Adroda Mandali Cooperative Limited in Gujarat's Ahmedabad. Earlier on Friday, Union Minister Shah visited the Information and Library Network Centre (INFLIBNET) in Gandhinagar and conducted a review meeting for the development of libraries, calling the library a primary centre for learning about education, culture, and history. Also Read | Bengaluru Horror: Woman Kills Pet Dog for Tantrik Ritual, Hides Rotting Body in Apartment for Days; Case Re ...Read More >
Baramulla, Jul 5: Hundreds of mourners from Delina and its neighbouring villages Saturday participated in the Muharram procession, the 9th day of the month of Muharram-Ul-Haram at Delina area of north Kashmir's Baramulla district. The procession was one of the series of processions being held in the month of Muharram, the first month of Islamic calendar. Dressed in black and carrying flags bearing religious inscriptions, participants from the villages of Hygam, Bulgam, Bohripora, Syedpora, Uri, Boniyar and other villages marched from new Imambargah through the National Highway NH-1 to the ma ...Read More >
New Delhi [India], June 5 (ANI): Air India announced on Thursday that it has added more flights to Bangkok, Colombo, and Kathmandu to meet the growing passenger demand. Effective July 7, 2025, Air India will add a sixth daily flight between Delhi and Kathmandu, increasing frequency from 35x weekly to 42x weekly. Air India will add a second daily flight between Delhi and Colombo, doubling the route's frequency from 7x weekly to 14x weekly. The Tata Group airline will add a third daily flight between Mumbai and Bangkok, increasing frequency from 13x weekly to 18x weekly. Air India said in a ...Read More >