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.
Gurugram (Haryana): Air India has announced a phased resumption of its international operations following a "Safety Pause" implemented after the tragic crash of flight AI171 on June 12. The airline had suspended or reduced multiple routes to conduct precautionary inspections on its Boeing 787 aircraft and to adapt to longer flight paths necessitated by regional airspace closures. The airline on Tuesday said that partial services would be restored starting August 1, with full normal operations expected to resume by October 1. A total of 5 routes will see reinstated services or increased frequencies. Key changes include Delhi-London (Heathrow) - Full 24 weekly flights restored starting July 16, Delhi-Zurich - Increased from 4 to 5 flights per week from August 1, Delhi-Tokyo (Haneda) and Delhi-Seoul (Incheon) - Full weekly frequencies to be reinstated by August and September, respectively and Delhi-Amsterdam - To return to 7 flights per week from August 1. A new route between Ahmedabad and London (Heathrow) will operate three times weekly, replacing the current five-times-weekly Gatwick service. Additionally, Delhi-Nairobi services will operate three times a week until August 31, to be suspended from 1-30 September. Despite the partial restoration, over 15 routes will continue to operate at reduced frequencies until at least the end of September. These include: The flights between Bengaluru-London (Heathrow) remains reduced from 7x weekly to 6x weekly; will further reduce to 4x weekly, effective August 1. The Delhi-Paris flight will cut to 7x weekly from 12x, starting August 1. The Delhi-Milan flight will be reduced from 4x weekly to 3x weekly, effective 16 July while the Delhi-Copenhagen remains reduced from 5x weekly to 3x weekly. The Delhi-Vienna flight remains reduced from 4x weekly to 3x weekly and Amritsar-Birmingham remains reduced from 3x weekly to 2x weekly until 31 August; to operate 3x weekly, effective September 1. The flight between Delhi-Birmingham remains reduced from 3x weekly to 2x weekly. North American destinations such as Washington, Chicago, San Francisco, Toronto, Vancouver, New York (JFK and Newark) remain reduced, with frequencies ranging from 3 to 7 flights per week. The flights between Delhi-Melbourne and Delhi-Sydney continue at 5x weekly. The four international routes remain suspended until September 30, which includes flights between Amritsar-London (Gatwick), Goa (Mopa)-London (Gatwick), Bengaluru-Singapore and Pune-Singapore. Air India stated that it is proactively contacting affected passengers to offer rebooking options or full refunds. 'As the schedule reductions taken as part of the Safety Pause had been implemented until 31 July 2025 and the restoration to full operation is being phased, some services initially planned to operate between 1 August and 30 September 2025 will be removed from the schedule. Air India is proactively contacting affected passengers to offer re-booking on alternative flights or a full refund, as per their preference. Air India apologizes for the inconvenience', the airline said in a statement. Despite the temporary cuts, Air India will operate more than 525 international flights per week across 63 destinations during the phased restoration period.
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 >
Air India launched a Black Friday Sale with discounts up to 20% on domestic flights and up to 12% on international flights to various destinations. The sale is available through the airline's website and mobile apps. Additional savings are possible with waived convenience fees and specific payment methods. The airline continues offering student and senior citizen discounts.Air India on Friday launched a limited-time Black Friday Sale offering discounts of up to 20 per cent off base fares for domestic flights within India. The Tata-owned airlines will also offer up to 12 per cent off base fares ...Read More >
Air India is also offering additional discounts through various payment offers, so you can enjoy even more savings. Air India has launched its limited-time Black Friday Sale, offering up to 20 percent off base fares for domestic flights and up to 12 percent off on international flights to destinations like the United States, Europe (including the UK), Australia, Southeast Asia, and South Asia. The sale is available exclusively on Air India's official website and mobile apps for iOS and Android. The sale runs from 00:01 IST on 29 November 2024 to 23:59 IST on 2 December 2024. The travel peri ...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 >
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 >
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 >
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], 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 >
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 [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 >
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 >
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 -- 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 >
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 >
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, Jun 29 (PTI) A Delhi-bound Air India flight from Tokyo's Haneda Airport was diverted to Kolkata on Sunday due to "persistent warm temperature" in the cabin. The aircraft, however, landed safely, Air India said in a statement. Alternative arrangements are being made to fly our passengers to Delhi at the earliest, the airline statement said. "Air India flight AI357 operating from Haneda to Delhi on June 29 made a precautionary diversion to Kolkata due to persistent warm temperature experienced in the cabin," Air India said. The aircraft is currently undergoing checks, it stated, a ...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 >
New Delhi: Weeks after the deadly crash of Air India flight AI-171, families of victims are now accusing the airline of pressuring and misleading them during the early stages of the compensation process. The fatal crash, which resulted in the deaths of 241 of the 242 passengers onboard, occurred moments after the plane took-off from Ahmedabad, en route to London. According to a UK-based law firm representing over 40 families, Air India has allegedly threatened the victims' families with "no compensation" unless they fill out a detailed questionnaire, even as they remain in grief. 'Forced to ...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 >
New Delhi, Jun 29 (PTI) A Delhi-bound Air India flight from Tokyo's Haneda Airport was diverted to Kolkata on Sunday due to "persistent warm temperature" in the cabin. The aircraft, however, landed safely, Air India said in a statement. Also Read | 8th Pay Commission Update: Central Government Employees to Get 34% Salary Hike From January 2026? Check Details. Alternative arrangements are being made to fly our passengers to Delhi at the earliest, the airline statement said. "Air India flight AI357 operating from Haneda to Delhi on June 29 made a precautionary diversion to Kolkata due to per ...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 >
Mumbai: In a bizzare incident, an Air India flight scheduled to Bangkok from Mumbai's Chatrapati Shivaji Maharaj International Airport (CSMIA) faced delay by 5+ hours as hay from bird's nest gets stuck in the left wing of Aircaft. Video of the crew trying to clear the wing is taking rounds on social media platforms. The flight tracking website flightradar24.com shows that AI 2354, an Airbus A320Neo plane, was scheduled to depart from Mumbai airport at 7:45 am. The flight departed around 1 am. A video has been surfacing where the airport crew can be seen removing the nest from the aircraft's w ...Read More >
BENGALURU: BBMP marshals deployed at lake security and supervision wing, ward monitoring and Indira Canteens are working without salaries since March. The situation has arisen after Bangalore Solid Waste Management Limited was carved out of BBMP for garbage management. Their salaries are usually given through the Ex-Servicemen Welfare Society and each marshal is paid Rs 17,500 monthly. "Supervisors say the delay is due to a set of procedures. Earlier, the amount was given to the Ex-Servicemen Welfare Society towards payments from BBMP. Now the files have to be cleared from BWSML to ward mars ...Read More >
England vs India: Before the start of the first T20I match of the series at the Trent Bridge in Nottingham, on Saturday, June 28th, both India and England women's players observed a minute of silence to mourn the victims of the Air India plane crash in Ahmedabad. Earlier on Thursday, June 12th, the London Gatwick Airport-bound Air India crashed seconds after takeoff from the Ahmedabad Airport. It was a Boeing 787-8 Dreamliner aircraft that was being used on the Ahmedabad-London Gatwick route. The crash of AI 171 has shocked the nation. The incident claimed 241 lives, including the former Guj ...Read More >