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 [India], July 15 (ANI): A SpiceJet flight from Delhi to Mumbai on Monday handed over two passengers to CISF for their unruly behaviour for attempting to approach the cockpit while the aircraft was taxiing forcefully. According to a statement from a SpiceJet spokesperson, the incident occurred on flight SG 9282 prior to takeoff. Despite repeated warnings from the cabin crew, fellow passengers, and the Captain, the individuals refused to return to their seats, creating a disruption onboard. 'In the interest of the safety of all passengers and crew, the Captain decided to return the aircraft to the bay,' the airline said. The two passengers were removed from the flight and handed over to the Central Industrial Security Force (CISF) for further action. In a statement, an airline spokesperson said, 'On July 14, 2025, two unruly passengers were offloaded from SpiceJet flight SG 9282 operating from Delhi to Mumbai. The two attempted to approach the cockpit forcefully and caused a disruption while the aircraft was taxiing.' 'Despite repeated requests by the cabin crew, fellow passengers, and the Captain, they refused to return to their seats. In the interest of the safety of all passengers and crew, the Captain decided to return the aircraft to the bay, and the passengers were offloaded. They were subsequently handed over to the CISF,' the airline added. (ANI)
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 >
New Delhi [India], June 30 (ANI): Despite an uncertain and challenging global economic backdrop, the Indian economy remains a key driver of global growth -- underpinned by sound macroeconomic fundamentals and prudent macroeconomic policies, RBI said in its latest Financial Stability Report. Elevated economic and trade policy uncertainties are testing the resilience of the global economy and the financial system. Also Read | 'I Stand Firmly With Diljit': Actor Naseeruddin Shah Comes Out in Support of Punjabi Singer-Actor Diljit Dosanjh Amid 'Sardaar Ji 3' Controversy. "Financial markets rema ...Read More >
New Delhi [India], July 9 (ANI): Senior officials of the Aircraft Accident Investigation Bureau (AAIB) told a parliamentary panel on Wednesday that the preliminary report on the plane crash in Ahmedabad is likely to be placed in the public domain in the next few days, sources said. Parliament's Standing Committee on Transport, Tourism and Culture met here on Wednesday with members making queries and seeking clarifications on the issue of safety and aircraft maintenance. The members, sources said, talked about the vast expansion of air sector in India, the projected growth and the need to exp ...Read More >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...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 >
Agartala (Tripura) [India], July 6 (ANI): A crucial Airport Advisory Committee meeting was held on Saturday at the Maharaja Bir Bikram (MBB) Airport, Agartala, under the chairmanship of the local Member of Parliament, Biplab Kumar Deb. The meeting, which takes place twice a year, serves as a platform to discuss future development plans, passenger amenities, and various operational matters concerning the airport. Also Read | PM Narendra Modi, Argentine President Javier Milei Agree to Diversify India-Argentina Trade Basket, Vows to Expand Cooperation in Defence, Security and Minerals (Watch Vi ...Read More >
Chandigarh (Punjab) [India], July 8 (ANI): Punjab Finance Minister Harpal Singh Cheema on Monday said the state government has reversed a key decision taken during the previous Congress regime regarding the security of the Bhakra Beas Management Board (BBMB). While talking to ANI, Cheema said, "During the Congress party's tenure, a letter was issued agreeing to hand over the security of the Bhakra Beas Management Board, and the then Chief Minister Charanjit Singh Channi had said that the security of the Bhakra Beas Dam would be handed over to the Central Industrial Security Force (CISF). Toda ...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 >
Surat (Gujarat) [India], July 12 (ANI): Following the release of the Aircraft Accident Investigation Bureau's (AAIB) preliminary report on the Air India crash that took place in Ahmedabad on June 12, Yashpal Singh Vansdiya, who lost his parents in the plane crash, raised certain questions incudng weather all preventive checks were done on the aircraft. 'I have certain questions to ask the government and the investigation agencies. Based on the report, which mentions one pilot asking the other if he has turned off the switch, it means there were some technical issues. Were all preventive check ...Read More >
New Delhi [India], July 4 (ANI): Air India on Friday denied allegations of coercing families of victims of the AI-171 accident into signing documents about their financial dependency on the deceased to reduce compensation payouts. In a detailed statement, the airline called the claims 'unsubstantiated and inaccurate.' The controversy surfaced following reports that some of the bereaved families were being compelled to disclose financial ties to their deceased loved ones--allegedly as a prerequisite for receiving compensation. However, the airlines clarified that the request for such informa ...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 >
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 [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 >
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 >
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 [India], July 9 (ANI): The Parliamentary Standing Committee on Transport, Tourism and Culture is holding a meeting at Parliament House Annexe. The meeting will focus on the Overall review of safety in the civil aviation sector Committee Chairman Sanjay Kumar Jha, Air India CEO Campbell Wilson, and Officials of the Ministry of Civil Aviation, the Directorate General of Civil Aviation, and the Airports Authority of India. are attending the Tuesday meeting being held at Parliament House Annexe On Tuesday, Members of Parliament's Public Accounts Committee (PAC) raised serious concerns ...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 >
Rudraprayag (Uttarakhand) [India], June 7 (ANI): A helicopter carrying five devotees en route to Kedarnath Dham made an emergency landing on a national highway near Bharasu in Uttarakhand's Rudraprayag district on Saturday, temporarily disrupting traffic in the region, officials said. According to officials, the chopper - an AW119 operated by Kestrel Aviation Private Limited - developed a sudden technical fault during takeoff, prompting the pilot to carry out a hard but controlled landing on the nearby road. Also Read | ICU Horror at ESIC Medical College in Rajasthan: 32-Year-Old Woman Alleg ...Read More >
New Delhi [India], June 28 (ANI): A multi-agency mega mock exercise was conducted at Rajiv Chowk Metro Station in Delhi during the intervening night of June 27 and 28, from 01:05 AM to 04:25 AM, to assess the preparedness and coordinated response of various agencies in the event of a major contingency. The drill imitated multiple high-risk scenarios, including a Chemical, Biological, Radiological and Nuclear (CBRN) attack, a terrorist strike, a hostage situation, and an IED blast. The primary objective of the drill was to evaluate the real-time coordination, crisis response, and operational r ...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 12 (ANI): Civil aviation expert Sanat Kaul has said that the preliminary report by the Aircraft Accident Investigation Bureau (AAIB) on the Air India flight AI171 crash suggests that some fault within the aircraft led to the jet fuel switches turning off automatically during takeoff, causing the tragic crash that killed 260 people, including 229 passengers, 12 crew members, and 19 people on the ground. Speaking to ANI, Kaul said the report indicates that fuel supply to the aircraft engines was unexpectedly cut off during takeoff. From the report I have seen, there was ...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 >
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 >