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, July 13 (SocialNews.XYZ) India's pilot associations have slammed the 'reckless speculation' around the Air India Boeing Dreamliner crash at Ahmedabad, as sections of the media have hinted that the pilots are to be blamed for the tragic incident. The Indian Commercial Pilots' Association (ICPA) on Sunday condemned 'insinuations of pilot suicide' as baseless and insensitive, saying the crew acted in line with their training for an emergency. "Speculation is irresponsible and cruel. There is absolutely no basis for such a claim at this stage... invoking such a serious allegation based on incomplete information is not only irresponsible, it is deeply insensitive," ICPA said in a statement. The Airline Pilots' Association of India (ALPA) has already criticised the preliminary investigation report, calling the tone of the probe biased towards pilot error and lacking in transparency. They have demanded that line pilots be included in the investigation process, at least as observers, to ensure transparency and accountability. The pilots' associations have also questioned the selective media leaks hinting at pilot error ahead of the publication of the preliminary report. A preliminary report released by the AAIB on Saturday stated that both engines of the Air India Dreamliner lost thrust after the two fuel cut-off switches moved from the 'RUN' to the 'CUTOFF' position, within seconds of take-off. The cockpit voice recorder has revealed that one of the pilots told the other that he did not turn off the fuel control switches. The fuel switches were then returned back to the RUN position just before the plane crashed. According to former AAIB director Aurobindo Handa, the report presents a factual timeline but does not identify what triggered the failure. "Even though the report is out, it just contains the facts... what has gone on in those 30-odd seconds. It is nothing conclusive." He pointed out that preliminary and final findings often differ in air crash investigations and that a deeper technical analysis is still required. "We have seen the initial findings and the final findings -- they are at variance in the majority of the investigations," he explained. Union Civil Aviation Minister Ram Mohan Naidu also said on Saturday that the Aircraft Accident Investigation Bureau's report on the Air India crash was based on preliminary findings, and urged against reaching any conclusions until the final report is released.
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 >
New Delhi: As the investigation into the tragic crash of Air India Flight AI-171 continues, Minister of State for Civil Aviation Murlidhar Mohol has confirmed that "possible sabotage" is one of the aspects under scrutiny. His statement follows the launch of a comprehensive investigation by the Aircraft Accident Investigation Bureau (AAIB), which is currently analysing data from the aircraft's black boxes. The crash occurred on June 12, shortly after the Boeing 787-8 Dreamliner took off from Ahmedabad, resulting in the deaths of 241 of the 242 people on board. The final death toll now stands a ...Read More >
Ahmedabad Air India Crash: The International Civil Aviation Organization (ICAO) guidelines mandate the priliminary report release within 30 days of the crash. The report will be the first official insight into the possible causes of the crash The Aircraft Accident Investigation Bureau (AAIB) is expected to release the preliminary investigation report into the fatal Ahmedabad Air India plane crash that claimed the lives of 260 people on June 12, as per a report by CNBC-TV18. The report would provide details about the AI 171 aircraft, Boeing Dreamliner 787-8, its crew, conditions at the Ahmeda ...Read More >
New Delhi: The Air India 171 flight lifted off the Ahmedabad runway on a clear morning. The Boeing 787 Dreamliner showed no signs of trouble. No warnings. No delays. Nothing to raise eyebrows. Seconds later, it lost altitude. Fast. The descent rate crossed 475 feet per minute. Then came the crash. Now, an investigative report by The New York Times has revealed what many had feared. Both engines of the aircraft failed at the same time. This is the first confirmation backed by real data. A Wall Street Journal report earlier hinted at a dual-engine failure. But it left room for doubt. The NYT ...Read More >
Ahmedabad, Jul 4 (PTI) Body parts found at the site of the June 12 Ahmedabad plane crash have been handed over to six families following DNA tests, a senior health official said on Friday. Ahmedabad Civil Hospital Medical Superintendent Dr Rakesh Joshi said the death toll in the horrific crash continues to be 260 as per officials records, adding the body parts that were handed over on Thursday belong to these victims itself. Incidentally, authorities had announced that the mortal remains of the last victim had been handed over to kin on June 27. "Since the accident was like an explosion, bo ...Read More >
New Delhi, May 22 (SocialNews.XYZ) The pilots of the IndiGo plane, which was damaged in rough weather en route to Srinagar, were denied permission by the Lahore ATC to venture briefly into Pakistan airspace to escape the hailstorm, in complete violation of humanitarian norms. India's civil aviation regulator, the DGCA, said the aircraft was cruising at an altitude of approximately 36,000 feet near Punjab's Pathankot when it ran into a thunderstorm and hailstorm. Experiencing severe turbulence, the crew first requested the Northern ATC of the Indian Air Force to allow the flight to deviate to ...Read More >
Investing.com -- India has declined an offer from the United Nations aviation agency to include one of its investigators in the probe of the Air India Boeing (NYSE:BA) 787-8 Dreamliner crash that killed 260 people in Ahmedabad on June 12, according to a Reuters report on Thursday. The International Civil Aviation Organization (ICAO) made the unusual move earlier this week by offering to provide investigative assistance without being asked. The ICAO requested that their investigator, who was already in India, be granted observer status in the investigation, but Indian authorities rejected this ...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 >
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 >
The family of a 25-year-old Air India pilot, who died by suicide at her Mumbai home, alleged that her boyfriend used to humiliate her and extort money from her. Aditya Pandit, 27, was arrested on Wednesday on charges of abetment to suicide. Srishti Tuli was found dead at her rented accommodation in Mumbai's Marol after an argument with her boyfriend over the phone. She allegedly used a data cable to hang herself. ALSO READ: 'Can't Be Divided Or Silenced': Hemant Soren's Dig At BJP Before Taking Oath As Jharkhand CM Pandit told police that he rushed to Tuli's flat, which was locked from the ...Read More >
AHMEDABAD: Sixteen days after the devastating Air India plane crash in Ahmedabad on June 12, 2025, authorities have completed the painstaking process of DNA identification. The final unidentified victim, a 32-year-old passenger from Gujarat's Bhuj, was matched late night . With this, all 260 victims, 241 passengers and crew, and 19 non-passengers have now been accounted for. The medical authorities had earlier pegged the fatality count at 270. The final DNA identification was of Anil Lalji Khimani, a resident of Dahinsar, Bhuj, who was en route to London on the ill-fated flight. His name had ...Read More >
New Delhi: Union minister of state for civil aviation Murlidhar Mohol on Sunday said the investigating agencies were examining all angles in the Air India plane crash in Ahmedabad, and this included the possibility of sabotage. He said that CCTV footage and passports of passengers were being scrutinised as part of this probe. He added the crash was a rare case and noted that both engines shutting down simultaneously was unprecedented. He said the AAIB had commenced an investigation into the crash on June 12 that claimed 260 lives in all. "Once the report comes, we will be able to ascertain if ...Read More >
New Delhi, Jun 26: India's Aircraft Accident Investigation Bureau (AAIB) has begun the critical analysis of the black boxes recovered from the wreckage of Air India Flight AI-171, which crashed earlier this month. The Civil Aviation Ministry confirmed that all investigation steps are being carried out as per international norms laid down by the International Civil Aviation Organization (ICAO). As a signatory to the ICAO's 1944 Chicago Convention, India investigates aircraft accidents in line with ICAO's Annex 13 and under the Aircraft (Investigation of Accidents and Incidents) Rules, 2017. Th ...Read More >
NEW DELHI, June 26 (Xinhua) -- The Indian government said on Thursday that the black box data of crashed Air India Flight AI-171 has been downloaded to reconstruct the sequence of events leading to its crash recently in the western Indian state of Gujarat. According to India's federal civil aviation ministry, the analysis of Cockpit Voice Recorders (CVR) and Flight Data Recorders (FDR) data was underway. The ministry said the Aircraft Accident Investigation Bureau promptly initiated an investigation and constituted a multidisciplinary team on June 13 in accordance with international norms an ...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 >
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 [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 >
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 >
June 25 (Rtrs) - India would not allow a UN investigator to join a probe of a crashed Air India jet that some safety experts had criticized for delays in analysis of crucial black box data, two senior sources familiar with the matter told Reuters. Earlier this week, the United Nations aviation agency took the unusual step of offering India one of its investigators to provide assistance following the Boeing (BA.N), opens new tab 787-8 Dreamliner crash killing 260 people in Ahmedabad on June 12. ...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 >
New Delhi: The Director General of Civil Aviation (DGCA) has conducted an inspection of the Air India office and discovered that there is currently no chief pilot assigned to oversee the operations and safety of the Boeing 787 fleet. This alarming revelation comes just days after Air India's Boeing 787-8 Dreamliner, flight AI-171, crashed into a building mere seconds after takeoff from Sardar Vallabhbhai Patel International Airport in Ahmedabad. The tragic incident involved 242 passengers and resulted in over 250 casualties, as the aircraft crashed into a medical hostel building. Out of the ...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, 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 >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >
NEW DELHI: Data from a black box of the Air India Dreamliner that crashed in Ahmedabad on June 12 has been downloaded at Aircraft Accident Investigation Bureau lab, govt said Thursday. Intitial information about causes leading to the accident is likely to be known in the next seven to 10 days.With the black boxes being examined locally, the final report is expected to be out in a month, instead of the six-month time frame given earlier, sources said. Civil aviation ministry said the crash protection module from the front black box was safely retrieved, and on Wednesday, the memory module was a ...Read More >
New Delhi [India], June 27 (ANI): The Aircraft Accident Investigation Bureau (AAIB) Lab in New Delhi, is currently working intensively to examine data retrieved from the black boxes of Air India Flight AI-171, which crashed in Ahmedabad earlier this month. Also Read | Ahmedabad Plane Crash Probe: Parliamentary Committee To Grill Boeing and Air India Executives, DGCA Officials; Sources Say 'Multiple Shortcomings' Matter of Concern. According to the Ministry of Civil Aviation, the Crash Protection Module (CPM) from the front black box was safely retrieved, and on June 25, 2025, the memory modu ...Read More >