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: Details emerging a day later on the incident involving two unruly women passengers who delayed a Spicejet flight bound from Delhi to Mumbai on Monday (July 14) evening reveal a middle-aged lady and her mother had created a major ruckus since they were unhappy with the cooling of the air-conditioning system. Their behaviour probably put at risk the lives of 190 passengers on board as they kept banging on the cockpit door even as the pilots were taxiing for take-off. A police complaint was filed by the airline against the family for their alleged violent behaviour. SG 9282, a Boeing 737 aircraft, scheduled for departure at 12 noon originally, was rescheduled to 4.30 pm prior to the incident itself, said an airport source. In the aftermath of the incident, the flight had to be taken back to the bay and it finally took off to Mumbai by 7.15 pm, he added. A source in the know of the incident, said, "The duo was screaming that the air-conditioning inside was not cool enough. Just as the flight was taxiing for take-off around 4.30 pm, they unfastened their seat belts and went rushing to the door of the cockpit and began banging on it." The cabin crew tried to restrain them but the duo elbowed their way through. "Since the cockpit door is tightly shut from inside, they kept banging on it demanding it be opened. Co-passengers too were appalled and worried by their behaviour. Some were seen ordering them get back to their seats or leave the flight. One of the pilots too made an announcement asking them to not behave in this fashion," a source said. Another source added, "This kind of violent behaviour cannot be tolerated. Hence, the airline decided to take serious action against them by offloading them, handing them over to the CISF and filing a police complaint," said a source.
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 >
Delhi and the National capital Region (NCR) are grappling with heavy rainfall, leading to disruptions in air travel and widespread waterlogging, particularly in Gurugram. The India Meteorological Department (IMD) has issued a "red" alert, forecasting heavy to very heavy rainfall throughout Thursday. Authorities are working to mitigate the impact, with assurances of improvements in the coming year. The relentless downpour has significantly impacted flight operations at Delhi's Indira Gandhi International (IGI) Airport. Several airlines have issued advisories to passengers, urging them to ...Read More >
BENGALURU - The fuel control switch went off within three seconds of take-off, leading both engines to shut down moments before the Air India Boeing 787 London-bound flight crashed in Ahmedabad, said a preliminary report by the Indian government. The 15-page report was released by India's Aircraft Accident Investigation Bureau (AAIB) late on July 11, detailing findings from its probe into the plane crash on June 12 that killed 260 people - 229 passengers, 12 crew members, and 19 individuals on the ground. Only one passenger miraculously survived. The crux of the preliminary report is its ...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 >
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 >
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 [India], July 12 (ANI): Former Directorate General of Civil Aviation (DGCA) Flight Operations Inspector Captain Prashant Dhalla on Saturday floated the idea of startle effect in play before the Air India flight 171 crashed in Ahmedabad shortly after departure while noting that it was premature to assume human error. Discussing the importance of understanding human factors in crash incidents, he noted that the preliminary report by the Aircraft Accident Investigation Bureau (AAIB) states the Ram Air Turbine (RAT) was out. On this basis, he pushed a theory that refers to pilots trying ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...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 >
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 >
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 -- 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 >
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 >
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: 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 >
Pune (Maharashtra) [India], July 12 (ANI): Aviation expert Sanjay Lazar on Sunday said that the preliminary report by the Aircraft Accident Investigation Bureau (AAIB) on the Air India flight 171 crash raises more questions than answers, and expressed that the investigative authority should have made the transcript of cockpit voice recorder (CVR) public. He said that informing the public about only "one line" from the cockpit conversations about "switches" raises more questions. Also Read | Air India Plane Crash: AAIB Report Preliminary, We Can't Say Anything Definite at This Point, Says MoS ...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 >
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, 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 >
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 >
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 >
Ahmedabad,India - A preliminary report into the tragic Air India crash in Ahmedabad has revealed a critical detail: fuel switches were reportedly cut off before the aircraft impacted a building,killing all 150 people on board. The investigation, led by the Aircraft Accident Investigation Bureau (AAIB), is meticulously examining all aspects of the disaster that shook the nation. The sole survivor of the devastating crash was Briton vishwash Kumar Ramesh. He described his survival as a "miracle" but expressed profound grief over his inability to save his brother, Ajay. The report also confirm ...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 >