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: A window frame of SpiceJet's aircraft SG-1080 operating its flight to Pune from Goa was found dislodged mid-air but there was no impact on passengers' safety, the airline said on Wednesday. There was no cabin depressurisation as the outer layers of the windowpane remained intact and passenger safety was not compromised, the airline said in a statement. The frame was fixed once the aircraft landed at the Pune airport, in accordance with standard maintenance procedures, the airline said. Mandar Sawant, a passenger on the flight, said, "I was travelling back from Goa to Pune after attending an event. A woman was sitting behind me, and she was with a baby. Half an hour after takeoff, the window (close to her) just popped out. The woman got scared and it was damn concerning. There is a protective layer behind the window that protects us from the elements outside, and it was intact, but it is still concerning." He added, "The flight attendants tried to calm us down, but what else will they even do? They moved the woman and her child to a different seat behind. The stewardess did manage to somewhat get the window back on, but any sudden movement and it probably would have fallen off again." The flight, scheduled for 5.20 pm on Tuesday, departed an hour and a half late at 6.55 pm. "We got to know at the airport that the flight was delayed the previous day as well due to 'technical issues'," said Sawant, and that he did not get any message or update from the airline that the flight was delayed. A SpiceJet spokesperson shared a statement that said, "A cosmetic window frame on one of SpiceJet Q400 aircraft became loose during flight and was found dislodged. It is important to note that this was a non-structural trim component, fitted onto the window for the purpose of shade, and did not compromise the safety or integrity of the aircraft in any way. Cabin pressurisation remained normal throughout the flight, and there was no impact on passenger safety." "The Q400 aircraft is equipped with multiple layers of windowpanes, including a robust, pressure-bearing outer pane, ensuring that passenger safety is never at risk, even in the unlikely event of a superficial or cosmetic component coming loose," the spokesperson added.
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 >
Delhi and the National capital Region (NCR) are grappling with heavy rainfall, leading to disruptions in air travel and widespread waterlogging, particularly in Gurugram. The India Meteorological Department (IMD) has issued a "red" alert, forecasting heavy to very heavy rainfall throughout Thursday. Authorities are working to mitigate the impact, with assurances of improvements in the coming year. The relentless downpour has significantly impacted flight operations at Delhi's Indira Gandhi International (IGI) Airport. Several airlines have issued advisories to passengers, urging them 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 >
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 >
NEW DELHI: Aviation engineers from the UK are arriving in Thiruvananthapuram to repair an F-35B Lightning jet of Britain's Royal Navy as the aircraft continued to be stranded after making an emergency landing 12 days ago.The aircraft is part of the HMS Prince of Wales Carrier Strike Group of the UK's Royal Navy.The jet, worth over USD 110 million and known to be one of the most advanced fighters globally, made the emergency landing at Thiruvananthapuram airport on June 14.The aircraft is awaiting repairs at the Thiruvananthapuram international airport after developing an engineering issue, a B ...Read More >
Travellers in India -- both domestic and international -- have been facing numerous flight delays and disruptions in recent days. These include delays in Air India's Dreamliner fleet due to stricter inspection norms set by the Directorate General of Civil Aviation (DGCA) after the AI 171 crash, long-haul flight delays due to route disruptions caused by the Middle East tension, and domestic delays owing to bad weather conditions. Many passengers have taken to social media to express frustration and share images of the chaos across airports. So, if you're one of the affected airline passengers ...Read More >
The Aircraft Accident Investigation Bureau (AAIB) has submitted its initial findings to the Ministry of Civil Aviation regarding the catastrophic crash of Air India Flight AI-171 in Ahmedabad. The tragic accident, which occurred on June 12, involved a Boeing 787-8 Dreamliner en route to London and resulted in the loss of 241 lives, including former Gujarat Chief Minister Vijay Rupani. The AAIB's preliminary report -- compiled with assistance from global and domestic aviation experts -- marks the first formal insight into one of India's worst aviation disasters. The aircraft crashed shortly a ...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 >
New Delhi, Jul 8 (PTI) Aviation regulator DGCA said on Tuesday it will put in place a mechanism to curb whopping surge in air ticket prices, recently witnessed during the Maha Kumbh and post-Pahalgam terror attack, as the issue coupled with concerns over air safety after the Ahmedabad plane crash dominated proceedings at a parliamentary panel meeting. Air India CEO and MD Campbell Wilson told the committee his airline will complete retrofitting of its fleet in two years to address frequent complaints about its seats and other facilities, and underscored its commitment to flight safety, source ...Read More >
Delhi's Indira Gandhi International (IGI) Airport has issued a travel advisory in response to persistent rainfall across Delhi NCR, warning of possible delays in flight operations. The advisory follows heavy showers on Wednesday that caused widespread waterlogging and traffic snarls, impacting routes leading to the airport. Flight Operations Status: As per the latest update, flight operations at IGI Airport are currently running normally. However, authorities caution that worsening weather conditions may lead to delays. Airport officials are actively coordinating with airlines and ground sta ...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 >
Air India tragedy: Did Ahmedabad plane crash happen due to sabotage? Union Minister says... Murlidhar Mohol, the Union Minister of State (MoS) for Civil Aviation, has said that the Aircraft Accident Investigation Bureau is probing the June 12 Air India.. DNA 1 week ago Ahmedabad Plane Crash EXCLUSIVE Ground Report| Minister of Civil Aviation Reveals What Led to Crash In an exclusive ground report from New Delhi, Civil Aviation Minister Ram Mohan Naidu has revealed crucial details about the tragic Ahmedabad plane crash that claimed multiple lives. The Minister confirmed that the flight, car ...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: A month after the deadliest aviation accident, the Air India 171 crash, a preliminary report is expected from the Aircraft Accident Investigation Bureau (AAIB), offering the first official insight into the cause of the Air India crash. The incident involved a Boeing 787 Dreamliner that went down just 30 seconds after takeoff in Ahmedabad on June 12, killing 241 people on board and over 30 on the ground. Only one passenger survived. The probe has been closely followed, with Bloomberg reporting fresh details citing people familiar with the matter.While the report is likely to be factu ...Read More >
New Delhi: Soon after the Aircraft Accident Investigation Bureau (AAIB) released its preliminary report into the Air India AI171 crash in Ahmedabad, Air India acknowledged receipt of the 15-page preliminary report and said it continues to fully cooperate with the AAIB and other authorities. "We continue to mourn the loss and are fully committed to providing support during this difficult time. Air India is working closely with stakeholders, including regulators. We continue to fully cooperate with the AAIB and other authorities as their investigation progresses," Air India stated in a post on ...Read More >
Vizag (Andhra Pradesh) [India], July 12 (ANI): Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu on Saturday hailed the Aircraft Accident Investigation Bureau (AAIB) for conducting a 'transparent and professional' investigation into the Air India flight AI171 crash. The Air India Boeing 787-8 aircraft crashed shortly after takeoff from Ahmedabad's Sardar Vallabhbhai Patel International Airport on June 12, resulting in the deaths of 260 individuals, including 229 passengers, 12 crew members, and 19 people on the ground. Speaking to ANI, the Union Minister said the preliminary report rel ...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 >
MUMBAI/NEW DELHI: Following public backlash over a video showing Air India SATS executives partying in their Gurugram office shortly after the June 12 Air India flight 171 crash, Tata Group has taken disciplinary action against several people.Four senior officials were suspended from Air India SATS, while multiple others were issued a warning, the company said on Friday.The video, which garnered over 3.8 million views on X, captured several executives dancing with loud music playing during a cele ...Read More >
Gangtok: Sikkim's sole Lok Sabha MP, Indra Hang Subba, on Monday met Sanjay Kumar Jha, Chairperson of the Parliamentary Standing Committee on Transport, Tourism and Culture, and submitted a representation urging urgent intervention to restore flight services at Pakyong airport and improve road connectivity in the northern parts of the State. According to a statement from the MP's office, Subba briefed the committee chief on the challenges faced by residents and tourism stakeholders in North Sikkim, following successive natural disasters -- including the Glacier Lake Outburst Flood (GLOF) on O ...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, Jul 12 (PTI) Seconds before Air India flight 171 crashed while ascending from Ahmedabad, the fuel control switches of both its engines were cut off, a preliminary investigation report said on Saturday, suggesting a catastrophic pilot error in the cockpit of the Boeing 787 Dreamliner. The Airlines Pilots Association of India raised the issue with the report, saying the investigation is "shrouded in secrecy," appears to be biased against the pilot and has come to a conclusion hastily. A 15-page preliminary investigation report into the disaster revealed fuel-control switches of the ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
Srinagar, Jul 3 (PTI) The annual Amarnath Yatra began on Thursday with the first batches of pilgrims setting off from the twin base camps in Baltal and Nunwan towards the 3880-metre-high cave shrine in the south Kashmir Himalayas, which houses a naturally formed ice-lingam, officials said. The yatra started early morning from the twin tracks -- the traditional 48-km Nunwan-Pahalgam route and the 14-km Baltal route. The batches of pilgrims, including men, women and sadhus, left from the Nunwan base camp in Pahalgam, in south Kashmir's Anantnag, and Baltal base camp in Sonamarg area of central ...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 >
Patna: An IndiGo flight from Patna to Delhi made an emergency landing at Jai Prakash Narayan International Airport in Bihar's state capital shortly after take-off on Wednesday following a bird hit, causing panic among the 169 passengers on board. According to airport officials, the pilot's quick decision and presence of mind averted a major mishap. All passengers were safely evacuated, and the aircraft is undergoing a technical inspection. IndiGo is arranging alternate flights for the stranded passengers. Officials said that the plane began to shake shortly after take-off, prompting the pi ...Read More >
Ahmedabad,India - A preliminary report into the tragic Air India crash in Ahmedabad has revealed a critical detail: fuel switches were reportedly cut off before the aircraft impacted a building,killing all 150 people on board. The investigation, led by the Aircraft Accident Investigation Bureau (AAIB), is meticulously examining all aspects of the disaster that shook the nation. The sole survivor of the devastating crash was Briton vishwash Kumar Ramesh. He described his survival as a "miracle" but expressed profound grief over his inability to save his brother, Ajay. The report also confirm ...Read More >
New Delhi, Jan 8 (PTI) The government is planning to make it mandatory for domestic airlines to share weather data captured by aircraft during takeoffs and landings with the weather office, which could lead to significantly better forecasts. Currently, the India Meteorological Department (IMD) launches weather balloons from 50-60 stations to collect critical data on temperature, humidity and wind speed at various altitudes, which form crucial inputs for weather forecasting models. These inputs could increase exponentially as the country records more than 6,000 takeoffs and landings by domest ...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 >