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, Jul 8 (PTI) Delhi airport has been ranked the world's 9th busiest airport, handling more than 7.7 crore passengers in 2024, a report released on Tuesday said. Airports Council International's list of the world's 20 busiest airports is topped by Atlanta airport in the US which processed 10,80,67,766 passengers, followed by Dubai airport (9,23,31,506 passengers) and Dallas/Fort Worth airport in the US (8,78,17,864 passengers) at the second and third spots, respectively. "Global passenger traffic hit a new high in 2024, surpassing 9.4 billion travellers -- up 8.4 per cent from 2023 and 2.7 per cent above pre-pandemic levels (2019)... The top-20 airports alone processed 1.54 billion passengers, capturing 16 per cent of global traffic," the release said. In 2024, the Indira Gandhi International Airport (IGIA) in the national capital handled 7,78,20,834 passengers, improving its ranking to the 9th position from 10th in 2023. The figure is based on the total number of enplaned and deplaned passengers while passengers in transit have been counted once. According to the Airports Council International (ACI) said the US contributed six airports to the top 20, mostly dominated by domestic traffic, except for JFK, where international passengers made up 56 per cent. Shanghai Pudong (PVG) climbed 11 positions to rank 10th globally, it said in a release. Other airports in the top 10 rankings are Japan's Haneda (4th), UK's London Heathrow (5th), US' Denver (6th), Turkiye's Istanbul (7th), US' Chicago (8th) and China's Shanghai (10th). In terms of aircraft movements, Delhi airport was ranked two notches higher at the 15th position in 2024 compared to 2023. The number of aircraft movements at the airport touched 4,77,509 last year. The list is topped by Atlanta airport with 7,96,224 aircraft movements. In 2024, aircraft movements topped 100.6 million globally, an increase of 3.9 per cent year-on-year and reached 96.8 per cent of 2019 levels, ACI said. The top-20 airports saw 11.08 million movements in 2024, up 5.4 per cent year-over-year. ACI represents 830 members operating 2,181 airports in 170 countries. The rankings reflect the scale of global aviation and the resilience of the industry that continues to grow, despite the complex global environment, ACI World Director General Justin Erbacci said. PTI RAM TRB
NEW DELHI, July 14 (Reuters) - The probe into last month's Air India Dreamliner crash in Ahmedabad city is "far from over," CEO Campbell Wilson said in an internal memo on Monday, adding that the airline is open to further inquiries and warned against "premature conclusions." The memo, seen by Reuters, comes after a preliminary report on Saturday showed confusion in the cockpit shortly before the Air India jetliner crashed and killed 260 people last month, after the plane's engine fuel cutoff sw ...Read More >
Delhi, July 15: A SpiceJet flight SG 9282 from Delhi to Mumbai was significantly delayed on Monday, July 15, after two passengers, one of them identified as Yachana Nair, allegedly attempted to forcefully approach the cockpit while the aircraft was taxiing. The incident occurred as the passengers complained of an air conditioning issue, which further led to their offloading and subsequent handover to security personnel. The flight, SG 9282, was preparing for departure from Delhi's Indira Gandhi International Airport when the disruption occurred. According to the airline, the two passengers ig ...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 >
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 >
Pune, Jul 12 (PTI) Union minister Murlidhar Mohol on Saturday said the Aircraft Accident Investigation Bureau (AAIB)'s report on the Ahmedabad plane crash was a preliminary one and conclusions cannot be drawn based on it as the conversation between the pilots was very brief. The Minister of State for Civil Aviation was talking to reporters here about the investigation into the June 12 plane crash. The London-bound Boeing 787 Dreamliner crashed into a medical college hostel in Ahmedabad moments after taking off from the city airport, killing all but one of the 242 onboard and another 19 on gr ...Read More >
New Delhi/Mumbai, Jul 13 (PTI) A five-member team, headed by 56-year-old Sanjay Kumar Singh, is probing the fatal crash of the Air India aircraft last month in Ahmedabad that killed 260 people. Aircraft Accident Investigation Bureau (AAIB) Director Singh is the Investigator-in-Charge and Deputy Director Jasbir Singh Larhga is the Chief Investigator. Also Read | Railway Minister Ashwini Vaishnaw Approves To Install CCTV Cameras in All 74,000 Coaches To Enhance Passenger Safety. There are also three Directorate General of Civil Aviation (DGCA) officials in the investigation team -- Deputy Dir ...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 >
Dehradun (Uttarakhand) [India], July 5 (ANI): Chief Minister Pushkar Singh Dhami participated in the Civil Aviation Conference-2025 organised in Dehradun on Friday. Union Civil Aviation Minister Kinjarapu Rammohan Naidu and Civil Aviation Ministers of North India also attended the conference. Chief Minister said that this conference is a testimony to the historic progress made in the civil aviation sector of the country under the leadership of Prime Minister Narendra Modi. He said that by connecting small cities and remote areas with air connectivity through the Udan scheme, not only has ai ...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 >
Bhopal: Nabha, the eight-year-old Namibian cheetah in the Kuno national park (KNP) in Madhya Pradesh on Saturday succumbed to injuries that she had sustained while hunting. She had been under treatment for a week for her injuries, KNP field director Uttam Kumar Sharma told this newspaper. "Nabha got badly injured a week back probably during a hunting attempt inside her soft release boma (large enclosure). She had fractures in both ulna (bone in the foreleg) and fibula (smaller of the two outer bones between knee and ankle) on the left side along with other injuries. Further details will be kn ...Read More >
The DGCA is expected to advise airlines using Boeing 787s to inspect the locking mechanism of fuel control switches, in the wake of the Air India crash preliminary report. Amid the ongoing probe with the Air India plane crash, the Directorate General of Civil Aviation (DGCA) is likely to instruct airlines to check the locking mechanism of fuel switches, according to CNBC-TV18. The report quoted sources as saying that the DGCA directive would be issued to airlines using Boeing 787 aircraft, and ...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 -- 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 >
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 >
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 >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...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/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 >
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 7 (ANI): Union Minister of Agriculture and Farmers Welfare & Rural Development, Shivraj Singh Chouhan on Monday inaugurated the 11th edition of the India Maize Summit, organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with (IIMR) Indian Institute of Maize Research. Speaking at event, Chouhan emphasized that 'Farmers' sewa is our mool mantra,' reaffirming the government's commitment to farmer-centric policies. He outlined a multi-pronged strategy to boost maize production, and increase farmer incomes, while ensuring environme ...Read More >
New Delhi [India], July 9 (ANI): Heavy rains lashed parts of Delhi and the National Capital Region (NCR) on Wednesday, bringing relief from days of intense heat. Waterlogging was witnessed in several parts of Delhi. Traffic also came to a standstill in many parts of the national capital following the heavy rainfall. According to sources, due to bad weather in Delhi, a total of six flights have been diverted from IGI Airport, including two to Lucknow and four to Jaipur. The diversions were necessary as poor weather conditions impacted visibility and flight operations. Meanwhile, Indigo Airli ...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 >
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 >
New Delhi, June 28 (SocialNews.XYZ) Air India SATS (AISATS) has sacked four senior officials after a video of an office party in Gurugram went viral, triggering widespread shock and outrage over the callous attitude of the staffers as the nation mourns the death of 270 people in the tragic Ahmedabad plane crash. The video, which featured AISATS Chief Operating Officer Abraham Zachariah and other officials dancing to blaring music, was widely condemned on social media. AISATS is a company that provides airport ground services. It is a joint venture, owned equally (50-50) by two companies -- A ...Read More >