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: Former Flight Operations Inspector with the DGCA (Directorate General of Civil Aviation), Captain Prashant Dhalla, spoke to ANI on Thursday regarding the Wall Street Journal's news report on the Air India AI 171 crash that occurred in Ahmedabad last month. Dhalla emphasised the word 'transitioned', which was mentioned in the report. He further explained that this report suggests a challenge-and-response dynamic exists between the two pilots, with one questioning the other, and a state of confusion. "The report uses a particular word - 'transitioned'. The fuel control switches transitioned, according to the report. This report suggests that a challenge-and-response dynamic exists between the two pilots, with one questioning the other, and a state of confusion between the pilots, potentially leading to a breakdown in Crew Resource Management (CRM)," Captain Prashant Dhalla said. "If any changes were made due to a failure in this aircraft, they would have used these switches to regain power. If there was a problem with the locking mechanism of these switches, then the pilots were also helpless," Captain Dhalla added further. Meanwhile, the Federation of Indian Pilots (FIP) President, CS Randhawa, on Thursday, condemned a media report that claimed that the captain of the flight deliberately cut off fuel to the engines. Captain Randhawa emphasised that the Aircraft Accident Investigation Bureau's (AAIB) preliminary report makes no mention of the pilots turning off the switches controlling fuel flow to the engines.
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 [India], June 27 (ANI): Chief of the Naval Staff (CNS), Admiral Dinesh K Tripathi, presented Gallantry and Distinguished Service Awards to Naval Personnel at the Naval Investiture Ceremony held for the first time at the newly constructed Nausena Bhawan in Delhi on Friday. The awards were conferred to honour and recognise bravery, leadership, professional achievement and distinguished service of Naval Personnel. A total of 51 personnel were conferred with awards during the ceremony,y which included one Yudh Seva Medal, thirteen Nausena Medals (Gallantry), eight Nausena Medals (Devot ...Read More >
New Delhi [India], June 29 (ANI): Prime Minister Narendra Modi interacted with Group Captain Shubhanshu Shukla, the Indian Astronaut, who became the first Indian to go to the International Space Station, via videoconferencing on Saturday and said India is going to open doors of new possibilities of space for the world. The Prime Minister remarked that although Shubhanshu Shukla is presently the farthest from the Indian motherland, he remains closest to the hearts of all Indians. Also Read | Bhopal's Aishbagh Railway Overbridge Sparks Outrage Over Hazardous Design; MP CM Mohan Yadav Suspends ...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 >
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 >
Puri (Odisha) [India], June 27 (ANI): The grand annual Rath Yatra of Lord Jagannath commenced in Odisha's Puri on Friday, as thousands of devotees began pulling the majestic chariots of Lord Jagannath, Lord Balabhadra, and Devi Subhadra from the Jagannath Temple to the Gundicha Temple, amidst chants, drumbeats, and spiritual fervour. Following the completion of key rituals, including the sacred 'Chhera Pahanra' (sweeping ceremony) performed by Gajapati Maharaja Dibyasingha Deb, the deities were ceremonially placed on their respective chariots -- Nandighosha, Taladhwaja, and Darpadalana. Also ...Read More >
Lucknow (Uttar Pradesh) [India], June 28 (ANI): Parents of Group Captain Shubhanshu Shukla, the first Indian astronaut to set foot on the International Space Station (ISS), expressed immense pride and gratitude following Prime Minister Narendra Modi's interaction with their son on Saturday evening. The Group Captain's parents shared their emotions after witnessing the conversation, which highlighted Shubhanshu's role in Axiom Mission 4 and his representation of India in space. Asha Shukla, the mother of the Group Captain, stated that they felt 'very good' after the PM conveyed his best wishe ...Read More >
Mumbai (Maharashtra) [India], June 28 (ANI): A Chennai-bound Air India flight returned to Mumbai, its departure location, after being alerted about a burning smell inside the cabin, the airline confirmed on Saturday. According to Air India, the incident occurred on Friday (June 27) on flight AI639, which departed from Mumbai and was headed to Chennai. Also Read | Aurangabad Shocker: Woman Kills Husband With Help of Lover in Bihar; Wife Arrested, Manhunt Launched To Nab Paramour. "The crew of flight AI639 operating from Mumbai to Chennai on Friday, June 27, 2025, made a precautionary air-ret ...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: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...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 >
Mumbai (Maharashtra) [India], June 28 (ANI): A Chennai-bound Air India flight returned to Mumbai, its departure location, after being alerted about a burning smell inside the cabin, the airline confirmed on Saturday. According to Air India, the incident occurred on Friday (June 27) on flight AI639, which departed from Mumbai and was headed to Chennai. 'The crew of flight AI639 operating from Mumbai to Chennai on Friday, June 27, 2025, made a precautionary air-return to Mumbai due to a burning smell in the cabin,' an Air India spokesperson said. 'The flight landed safely back in Mumbai, and ...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: Aviation watchdog DGCA will soon come out with streamlined regulations for wet-leasing of planes by Indian airlines that will also entail enhanced oversight of the aircraft, amid airlines looking to operate more planes to meet rising travel demand. With persisting supply chain woes, there is a delay in aircraft deliveries and to meet the near-term needs, carriers are opting for planes on dry and wet leases. A senior official in the know told PTI that the efforts are on to streamline the regulations for wet-leasing of planes to assist in the growth of the aviation. "Realities of the ...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 >
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, Jun 27 (PTI) Maharashtra on Friday recorded 13 new cases of COVID-19, which took the tally of infections to 2,462, and one death, the health department said. A 65-year-old woman suffering from comorbidities, including rheumatoid arthritis, died in Kolhapur, an official said. Also Read | Ahmedabad Plane Crash Probe: Parliamentary Committee To Grill Boeing and Air India Executives, DGCA Officials; Sources Say 'Multiple Shortcomings' Matter of Concern. Since January 1, the state has recorded 2,462 COVID-19 cases and 37 deaths, the department said. Also Read | Did 21-Year-Old Muslim Ma ...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 >
Durgapur (West Bengal) [India], June 28 (ANI): The West Bengal unit of the Congress party staged a protest in Durgapur on Saturday over the alleged gangrape of a law student in Kolkata. Carrying party flags, protesters also held a sit-in demonstration. Police intervened to disperse the crowd in order to ease traffic congestion. Also Read | Bengaluru Horror: Woman Kills Pet Dog for Tantrik Ritual, Hides Rotting Body in Apartment for Days; Case Registered. A protester told ANI, "Mamata Banerjee is the first lady Chief Minister of West Bengal. A common citizen of Bengal had trusted her with th ...Read More >
European nations are investigating a Chinese cargo ship for underwater sabotage in the Baltic Sea, according to a report. Earlier this month, two undersea fibre-optic data cables were cut in the Baltic Sea. The first cable was damaged between Sweden and Lithuania and the second cable was damaged between Germany and Finland. Shortly after the damage was discovered, Sweden took the lead in investigations and European nations -- all members of the North Atlantic Treaty Organization (Nato) -- began pursuing a Chinese cargo ship in the region. The Chinese ship, Yi Peng 3, is currently anchored in ...Read More >
New Delhi [India], December 15 (ANI): A friendly cricket match between Parliamentarians under Rajya Sabha Chairman XI and Lok Sabha Speaker XI is being played at Major Dhyan Chand National Stadium on Sunday. BJP MP Anurag Thakur captained Lok Sabha Speaker XI while Union Minister Kiren Rijiju led Rajya Sabha Chairman XI. The friendly affair has been named 'TB Mukt Bharat awareness cricket match'. Speaking to ANI, Union Minister Kiren Rijiju says, "Several of our MP colleagues have come here. With the mantra of fitness...this event has been scheduled to fill people with vigour through sports. ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
Gandhinagar (Gujarat) [India], June 27 (ANI): Gujarat Chief Minister Bhupendra Patel stated that education is the foundational pillar of a developed society and a progressive state. He emphasised that Prime Minister Narendra Modi has always given special importance to schools, teachers, and education. On the second day of the Kanya Kelavani Mahotsav and Shala Praveshotsav 2025, coinciding with the auspicious occasion of Ashadhi Beej, Chief Minister Patel visited the Primary School in Pundrasan village, Gandhinagar district. He welcomed 197 children into the school by gifting them educational ...Read More >