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 was grounded at the Kolkata airport in the early hours of Saturday after it developed technical glitches, officials said. The flight with 130 passengers and seven crew on board returned to the parking bay from the runway, they said. The Boeing 737-800 aircraft landed at the Kolkata airport around 1.23 am with 151 passengers on board and was supposed to take off at 2.35 am for Bangkok's Don Mueang International Airport (DMK), they said. However, it developed a flap-related problem, following which it returned to the parking bay after pushback and subsequently, the flight had to be cancelled, they added. "Flaps are very important components of an aircraft. The flaps are extended during take off to produce lift for the aircraft. Similarly, they are extended during landing to create drag to slow down the aircraft," Sumanta Roy Choudhury, a retired captain who worked in multiple airlines, told PTI. All the passengers were provided with hotel accommodation, an airline official said. The aircraft had to be grounded in Kolkata as the company engineer on board could not solve the technical problem, he said. Two more engineers will be flown in on Saturday night from the airline's base in Bangkok, and they will help in fixing the problem, he added. As a result of this incident, a Qatar Airways plane from Doha to Kolkata got delayed for parking by 25 minutes, an Airports Authority of India official said. PTI SBN SOM
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 >
Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...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 >
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 >
Mumbai, Jul 8 (PTI) Indian Hotels Company Ltd (IHCL) on Tuesday announced the signing of a new 160-key greenfield hotel in Jaipur, Rajasthan, which will be under Vivanta brand. "Fuelled by major infrastructure developments, Jaipur has rapidly evolved as a key regional hub, significantly boosting demand from business and MICE segments apart from the long-established leisure segment. Also Read | Bodoland Lottery Result Today, July 08, 2025: Assam State Lottery Sambad Tuesday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. "This signing aligns with IHCL's strategy to expan ...Read More >
Hyderabad, Jul 9 (PTI) A hotel entrepreneur was arrested here as part of a major crackdown on narcotics trafficking and consumption among urban social circuits, and 10 grams of cocaine along with other narcotic substances were seized from his possession, officials said on Wednesday. Based on specific intelligence inputs, a team from Cyberabad Narcotics Police Station intercepted a 34-year-old man, key peddler and consumer, near his restaurant in Kompally on July 7 while he was travelling in a car and upon a search 10 grams of cocaine, 3.2 grams of OG Kush (ganja), and 1.6 grams of Ecstasy pil ...Read More >
Patna: A Delhi-bound flight carrying 175 passengers and crew members had a close call when the plane encountered a bird strike soon after taking off from the Jayprakash Narayan International Airport on Wednesday morning. The IndiGo Airlines aircraft, operating the Patna-Delhi route, experienced turbulence shortly after becoming airborne, necessitating its return to Patna.Confirming the incident, airport director Krishna Mohan Nehra said the flight 6E-5009 from Patna to Delhi reported a bird hit after take-off at 8.42am on Wednesday. "Soon after departure, a message was received by ATC (air tra ...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 >
Mumbai, Jul 11 (PTI) Facilities management and manpower services company Krystal Integrated Services Ltd (KISL) on Friday said it has bagged orders worth around Rs 84 crore from Airport Authority of India and two other entities. KISL has secured a significant three-year contract worth Rs 20.26 crore from the Airports Authority of India (AAI) for the new terminal building of Jay Prakash Narayan International Airport in Patna, the company said in a statement. The company has also secured two contracts from Maharashtra Tourism Development Corporation and Maha Mumbai Metro Operation Corporation, ...Read More >
Mumbai: The Aircraft Accident Investigation Bureau (AAIB) released its preliminary findings into the tragic crash of Air India flight AI171 that occurred on June 12 in Ahmedabad. The accident claimed 270 lives, including 241 onboard the Boeing 787-8 Dreamliner. Only one passenger survived, making it one of India's deadliest aviation disasters in recent memory. Below are the key takeaways from the 15-page AAIB report: - Engine Shutdown After Takeoff: Both engines of the aircraft shut down within seconds of takeoff. Investigators found that the fuel cutoff switches were moved from 'RUN' to 'C ...Read More >
New Delhi, May 19 (PTI) After a tepid start to 2025, the IPO market is getting back on track with six main-board companies, including Schloss Bangalore -- owner of luxury hotel chain The Leela, are set to float their initial share-sales this month to collectively mobilise over Rs 11,000 crore, investment banking sources said on Monday. Of the six firms, Borana Weaves and Belrise Industries will launch their IPOs this week. Borana Weaves will float its Rs 144-crore IPO on May 20, while Pune-based Belrise Industries' Rs 2,150-crore IPO will open on May 21. The remaining four companies -- Schl ...Read More >
New Delhi, Jun 8 (PTI) A 29-year-old woman was found dead under suspicious circumstances in a hotel room in central Delhi on Sunday, while her male companion, who had checked in with her the previous evening, has been apprehended in connection with the case, police said. The deceased has been identified as Sarika (29), while the man has been identified as Sachin (31), according to the identity documents submitted at the hotel reception. Sachin was held after he was seen leaving the hotel in this morning. He was arrested from the address he provided at the hotel reception, police said. Accor ...Read More >
New Delhi: Chief minister Rekha Gupta on Sunday said authorities cannot go against demolition orders issued by courts and stressed that displaced residents have been provided accommodation.Her words came in the wake of the recent Madrasi Camp demolition for which the opposition Aam Aadmi Party (AAP) has criticised her. AAP has targeted Gupta, and alleged that the displaced Madrasi Camp residents were provided homes in faraway Narela, and those lack basic amenities.Attending an event to mark the construction of a Jan Sewa camp at a slum cluster in the Haiderpur area, Gupta told reporters: "In t ...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, 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 >
New Delhi, Jul 14 (PTI) It was human error that led to the fuel switches being cut off before Air India's Boeing 787-8 plane crashed in Ahmedabad last month, and there also should have been more transparency in the AAIB's preliminary report on the accident, aviation expert Captain Mohan Ranganathan said on Monday. His comments come at a time when the pilots' associations have flagged concerns about speculations of possible pilot error for the AI 171 flight crash that killed 260 people on June 12. On Sunday, the Indian Commercial Pilots' Association (ICPA) said the crew of the flight acted in ...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 >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family has not yet agreed to clemency or blood money. As a last-ditch effort to save her, Kanthapuram A. ...Read More >
New Delhi, Jul 17 (PTI) Tata Group-owned Indian Hotels Company Limited (IHCL) on Thursday reported a 26.56 per cent rise in its consolidated net profit to Rs 329.32 crore in the first quarter of FY26. The country's biggest hospitality player posted a net profit of Rs 260.19 crore in the corresponding period of the previous financial year. Its total income from operations stood at Rs 2,102.17 crore during the April-June quarter, against Rs 1,596.27 crore in the year-ago period. The company's total expenses also increased to Rs 1,662.35 crore, from Rs 1,267.78 crore a year ago, a regulatory f ...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 >
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 >
Srinagar, July 9: An IndiGo flight bound for Delhi was forced to make an emergency landing in Patna after a bird strike caused a technical issue in one of the aircraft's engines, officials told PTI. The flight, which had 175 passengers on board, returned to Patna shortly after takeoff when the bird hit resulted in an engine malfunction. According to News18 Bihar, all passengers were unharmed and the emergency landing was executed safely. The news channel also noted that Patna airport is considered one of the more challenging airports in India due to its short runway and an increased risk of ...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 >