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.
Kolkata, Jul 5 (PTI) A Thai Lion Air flight to Bangkok from Kolkata's Netaji Subhas Chandra Bose International Airport was cancelled early Saturday due to a "technical snag", officials said. The flight with 130 passengers and seven crew on board returned to the parking bay after it was pushed back for taxing to the runway due to a "technical snag", officials said. Later, the flight was cancelled for the day. According to Airports Authority of India (AAI) officials at the airport the aircraft landed at Kolkata around 1.23 am on Saturday and was supposed to take off at 2.35 am for travelling to the Bangkok Don Mueang International Airport (DMK). The Boeing 737-800 aircraft developed a flap-related problem and therefore the aircraft returned to the parking bay after push back following which the flight had to be cancelled. Flaps in an aircraft are very important during both take-off and landing, an official at the airport said. According to an airline official, the flight was cancelled for the day since "safety of passengers is paramount". All the passengers were provided hotel accommodation, airline sources said. "Thai Lion landed at Kolkata Airport at 1.23 am, with 151 passengers on board from Don Mueang International Airport in Bangkok, Thailand. The aircraft was pushed back from parking bay 60R at 2.35 am to go to the runway. After push back it reported a technical problem and requested return to bay. The aircraft returned to parking stand 34 at 2.43 am. All 130 passengers were sent to hotel," an Airports Authority of India spokesperson said. PTI SBN RG
New Delhi, Jun 28 (PTI) A male passenger onboard an Air India flight from Amritsar to the national capital on Saturday behaved in an unruly manner, engaged in verbal altercation with a co-passenger and was handed over to the airport security after landing at the Delhi airport. The incident happened in flight AI454. "During cabin preparations for landing, a member of our cabin crew noticed a passenger standing in the aisle, engaged in a verbal altercation with another passenger. "The second passenger reported to the crew that the individual was being abusive," the airline said in a statement ...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 >
Jaipur, Dec 3 (PTI) A student of a government college allegedly committed suicide by jumping from the rooftop of the college building in Rajasthan's Sirohi district, police said on Tuesday. According to police, Rahul Garasiya, a second-year MMBS student at BR Ambedkar Medical College, was allegedly upset about not performing well in his exam, which was held on Monday. Also Read | What Is 'Tankhah', Religious Punishment Given to Sukhbir Singh Badal by Akal Takht in 2015 Sacrilege Case?. On late Monday when Garasiya was studying with his fellow students on the third floor of the building, he ...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 >
Gangtok, Jun 8 (PTI) The Sikkim government on Sunday evacuated 28 people, including three minors, stranded in Chaten in the northern part of the Himalayan state, where road connectivity has been snapped due to multiple landslides triggered by heavy rain, officials said. Responding to distress calls from a few locals, some taxi drivers and government officials stationed in Chaten, seeking evacuation, the administration hired a helicopter to rescue them. "The state government arranged a helicopter and successfully evacuated 28 people, including three minors," one of the officials said. All ev ...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 >
New Delhi, Jun 28 (PTI) Airport security and adminstration authorities are mulling integration of facial recognition technology and CCTV for staffers apart from deploying other technology tools for faster security checks and reducing queues at these facilities. These measures along with synchronising automatic number plate recognition and FASTag for vehicles was discussed during a "functional workshop of airport sector" organised by the Central Industrial Security Force (CISF) in Delhi on June 27. Also Read | Aurangabad Shocker: Woman Kills Husband With Help of Lover in Bihar; Wife Arrested, ...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 >
New Delhi, Dec 3 (PTI) Shares of seven Adani Group firms ended in the green on Tuesday, with Adani Ports surging 6 per cent, emerging as the biggest gainer among the Sensex and Nifty firms. The stock of Adani Ports surged 6.02 per cent, Ambuja Cements soared 5.15 per cent, ACC (2.56 per cent), Adani Enterprises (2.33 per cent), Sanghi Industries (2.09 per cent), Adani Wilmar (1.19 per cent) and NDTV (0.45 per cent) on the BSE. Also Read | What Is 'Tankhah', Religious Punishment Given to Sukhbir Singh Badal by Akal Takht in 2015 Sacrilege Case?. However, shares of Adani Green Energy went low ...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 >
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, 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 >
Thiruvananthapuram, Jun 2 (PTI) What began last month as an emergency landing by a British Royal Navy F-35B Lightning fighter jet at Thiruvananthapuram International Airport has unexpectedly turned into a marketing gift for Kerala Tourism. The jet, part of the UK's most advanced stealth fleet, is awaiting repairs. Now, that brief military issue is being reimagined -- not in air bases or defence circles, but in the world of travel and tourism. A new poster posted by Kerala Tourism on its 'X' handle is making the rounds online. It features a stylised image of the fighter jet parked against a ...Read More >
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 attend ...Read More >
New Delhi, Jul 6 (PTI) Billionaire Gautam Adani-led group's flagship firm on Sunday announced a Rs 1,000 crore NCD issue offering up to 9.30 per cent per annum. The issue opens on Wednesday, July 9, 2025, and closes on July 22, a company statement said. It offers an effective yield of up to 9.30 per cent per annum. This is Adani Enterprises' second public issuance of secured, rated, listed redeemable, non-convertible debentures. "The second public issuance of NCDs by AEL, further deepens our commitment to inclusive capital markets growth and retail participation in long-term infrastructure ...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 >
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 >
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 >
Mumbai, Jul 3 (PTI) An Air India flight from Delhi to Washington, which took off on July 2, could not complete its journey after it developed a technical glitch during a scheduled refuelling stopover in Vienna, the Tata Group-owned airline said on Thursday. Consequently, its return flight from Washington to Delhi, scheduled on July 2, was also cancelled. Also Read | India Weather Forecast: Monsoon in Active Phase, Heavy Rainfall to Continue in Most Parts of India for Almost Entire Week, Says IMD Scientist. Of late, frequent delays and cancellations of long-haul flights by Air India have bee ...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], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
Gangtok, Jun 8 (PTI) At least 28 people, stranded at Chaten in north Sikkim, and 20 army personnel were airlifted on Sunday as the road connectivity in the region had been snapped due to multiple landslides triggered by heavy rain, officials said. A chopper evacuated 28 civilians, comprising minors, tourist taxi drivers and government officials, from Chaten in the first sortie, while 20 army personnel returned to Pakyong Greenfield Airport in another trip, they said. The MI-17 helicopter also transported essential supplies for Indian Army personnel stationed at Chaten, the officials said. T ...Read More >
Pune: Civil aviation experts sought more action against rampant and illegal construction activities near Lohegaon airport, citing that flights' funnel zone was at risk of being compromised.Referring to the Pune Municipal Corporation's action this week against illegal under-construction buildings in the vicinity of the airport, the experts said too little was being done too late. An Indian Air Force (IAF) veteran, requesting anonymity, said rampant construction around airports couldn't have happened without collusion."This is a huge problem. No one is speaking about it. Collusion between law en ...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 >
Thiruvananthapuram, Jul 6 (PTI) After remaining stranded here for about a month following a technical issue, a British Royal Navy fighter jet was on Sunday moved to a designated facility for British engineers to assess it, airport sources here said. An engineering team from the UK arrived at the international airport here on Sunday to assess and repair the British Royal Navy F-35B Lightning fighter jet which made an emergency landing at the airport nearly a month ago. A British High Commission spokesperson confirmed the arrival of the engineering team at the airport. "A UK engineering team ...Read More >
Chennai, Dec 3 (PTI) Danfoss, a leader in heating, ventilation, air-conditioning and compressors has set a target to progressively ramp up local manufacturing capabilities over the next five years, supporting the Centre's Make in India campaign, the company said on Tuesday. Danfoss India, a subsidiary of Denmark-based Danfoss, earlier this year committed to a Rs 500 crore investment aimed at developing local manufacturing for HVAC (Heating, Ventilation, and Air-conditioning), and refrigeration compressors and controls. Also Read | What Is 'Tankhah', Religious Punishment Given to Sukhbir Sing ...Read More >
New Delhi, Dec 3 (PTI) Mahindra & Mahindra on Tuesday said it is in discussions with InterGlobe Aviation, which owns IndiGo airlines, to find an amicable solution regarding a trademark issue over the use of "6e" in its all-new electric model. The automaker, which introduced two electric brands -- BE 6e and XEV 9e -- earlier this month, said its trademark 'BE 6e' differs from IndiGo's '6E', eliminating any risk of confusion. IndiGo uses 6E as the airline designator code. "We have taken on board the concerns that InterGlobe Aviation Ltd have to infringement of their goodwill, which was not ou ...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 >