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: The preliminary investigation into the helicopter crash in Uttarakhand's Uttarkashi district on May 8 has revealed that the chopper struck an overhead fibre cable with its main rotor blade while attempting an emergency landing. "The aircraft failed to land and subsequently tumbled down the hillside, eventually coming to rest against a tree roughly 250 feet into a gorge," according to the Aircraft Accident Investigation Bureau (AAIB)'s preliminary probe report. The Bell 407 helicopter, operated by Aerotrans Services Private Limited, was en route from Kharsali (Yamunotri) to Jhala (Gangotri) when it went down near the Gangnani area, killing all six people on board. The crash occurred after the 59-year-old pilot, with over 6,100 flying hours, attempted an emergency landing on the Uttarkashi-Gangotri road following a descent from cruising altitude. The main rotor struck a fibre-optic cable running parallel to the road, causing the aircraft to lose control and plunge into a gorge, the report said. The AAIB noted that international agencies, the U.S. National Transportation Safety Board (NTSB) and the Transportation Safety Board (TSB) of Canada -- have appointed official representatives and technical advisors to assist with the investigation.
Uttarkashi (U'Khand) | Nine construction labourers went missing early Sunday after a landslide triggered by a cloudburst hit their shelters along the Yamunotri National Highway in Uttarkashi district, officials said. The labourers, who are said to be of Nepali origin, were engaged in the construction of a hotel. District Magistrate Prashant Arya said the landslide occurred at Silai bend about 4 km ahead of Paligad, Uttarkashi The labourers were engaged in the construction of a hotel, he said, adding a new landslide zone has developed close to the hotel. "There were 19 labourers at the camp ...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: Nine construction workers went missing after a midnight cloudburst triggered a massive landslide on Saturday (June 28) in Uttarakhand's Uttarkashi district on Yamunotri National Highway. A joint search and rescue operation has been launched by multiple agencies, and the Chardham pilgrimage on the Yamunotri track has been suspended for the next 24 hours. Police and rescue team members informed that around 19 workers were trapped under a thick mass of sludge that slid down due to a cloudburst at midnight. The deluge of sludge and debris completely devastated the labour camp where w ...Read More >
Guwahati: Assam will soon get three national highway stretches equipped for emergency aircraft landings, including the first such facility in the Northeast, which shares a long border with Bangladesh, Bhutan, Myanmar and China. "The first emergency landing facility on a national highway in North East is expected to be ready in eastern Assam by October, in a boost to national security and disaster preparedness," Chief Minister Himanta Biswa Sarma said on Sunday. Once completed, these stretches will boost Assam's strategic and transport infrastructure, Sarma said. "Once completed, it will supp ...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, 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 >
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 >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...Read More >
Dehradun (Uttarakhand) [India], June 29 (ANI): The Char Dham Yatra has been suspended for the next 24 hours following a heavy rain alert, officials said on Sunday. While speaking to ANI, Garhwal Division Commissioner Vinay Shankar Pandey said that the pilgrimage had been halted temporarily as a precautionary measure. 'I have given instructions to the police and administration officials to stop the pilgrims in Haridwar, Rishikesh, Srinagar, Rudraprayag, Sonprayag and Vikasnagar,' Pandey told. The suspension followed a cloudburst that hit Silai Band on the Barkot-Yamunotri road in Uttarkashi d ...Read More >
A cloudburst near Barkot-Yamunotri road in Uttarkashi has caused significant damage to a hotel construction site, leaving several workers missing as rescue operations are underway. Separately, heavy rainfall has blocked the Badrinath-Rishikesh highway, disrupting pilgrimage travel. Chief Minister Dhami has advised caution and urged residents to avoid unnecessary travel due to the adverse weather forecast.A cloudburst in Baligarh, along the Barkot-Yamunotri road in Uttarkashi district, caused sign ...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 >
Mumbai (Maharashtra) [India], July 2 (ANI): Maharashtra Deputy Chief Minister Eknath Shinde said that tourists from the state who were stranded in Uttarakhand due to adverse weather conditions were "safe" and would be "brought back soon". He also said that the state government was in close coordination with Uttarakhand authorities to ensure their rescue. Also Read | What Is Sex-Sorted Semen Technology? Kerala Achieves Milestone With Birth of Twin Female Calves Under Accelerated Breed Improvement Programme, Boosting Dairy Sector. Speaking to the mediapersons a day earlier, Shinde said, "Our ...Read More >
Mumbai (Maharashtra) [India], July 2 (ANI): Maharashtra Deputy Chief Minister Eknath Shinde said that tourists from the state who were stranded in Uttarakhand due to adverse weather conditions were 'safe' and would be 'brought back soon'. He also said that the state government was in close coordination with Uttarakhand authorities to ensure their rescue. Speaking to the mediapersons a day earlier, Shinde said, 'Our Tourism Minister spoke to the Tourism Minister there. I too, spoke with them; spoke with the Special Secretary of CMO also. I also spoke with the tourists who are stranded there. ...Read More >
Mhow, Jun 7 (PTI) In a disturbing incident, a stray dog was seen clutching a dead newborn in its jaws near the toilet of a government hospital in Madhya Pradesh's Indore district on Saturday before a security guard managed to retrieve the body after shooing away the animal. Authorities at the civil hospital in Mhow, some 25 kilometres from the district headquarters, and police have begun a probe into the antecedents of the newborn and the chain of events that followed. ...Read More >
New Delhi/Thiruvananthapuram, June 27: Nearly two weeks after it made an emergency landing at Thiruvananthapuram airport, the UK F-35B Lightning II stealth fighter jet will be moved to the Maintenance Repair and Overhaul facility at the airport as it awaits repairs, the British High Commission stated on Friday. "A UK F-35B aircraft is awaiting repairs at the Thiruvananthapuram International Airport after developing an engineering issue. The UK has accepted an offer to move the aircraft to the Maintenance Repair and Overhaul facility at the airport. The aircraft will be moved to the hangar onc ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Mumbai, Jul 1 (PTI) A group of tourists from Maharashtra is stranded at Yamunotri, a key Char Dham site in Uttarakhand, and efforts are on by local authorities to rescue and move them to a safer location, Deputy Chief Minister Eknath Shinde said on Tuesday. The Maharashtra government is in touch with its Uttarakhand counterpart to ensure the safety of devotees, he said. Shinde, however, did not disclose how many tourists from Maharashtra are stranded in the hill state where the sacred Char Dham Yatra is currently on. "Some people from Maharashtra are stuck at Yamunotri Dham. I have personal ...Read More >
New Delhi, Jun 6 (PTI) An Apache helicopter of the Indian Air Force (IAF) made a "precautionary landing" in Uttar Pradesh's Saharanpur on Friday due to a technical issue while on a routine sortie, officials said. Both the pilot and the co-pilot are safe, they said. Also Read | Bengaluru Stampede: Police Complaint Lodged Against Virat Kohli Over Stampede Tragedy Near Chinnaswamy Stadium. An IAF Apache helicopter made a "precautionary landing" in Saharanpur around 11 am due to a technical issue, a senior IAF official said. All necessary checks were conducted after the landing and the helicop ...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 >
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 >
UTTARKASHI/DEHRADUN: Bodies of two labourers have been found while seven remain missing after a cloudburst triggered a flash flood that swept through a resort construction site at Silai Bend on the Barkot-Yamunotri highway in Uttarkashi around 2am on Sunday. Twenty labourers managed to escape to safety. The rescue operation was suspended for the night due to poor visibility and risky terrain.The flash flood, caused by intense rainfall, flattened a tin-and-plywood shelter housing 29 workers engaged in hotel and road construction. The Yamunotri highway was damaged at three spots, including a 10- ...Read More >
Dehradun: A helicopter en route from Sirsi to Kedarnath with pilgrims crash-landed on a road on Saturday due to a possible technical snag. However, no casualties have been reported, and all passengers on board are safe. A car has been damaged due to the sudden landing of the chopper operated by Crystal Aviation Private Limited, police said. As per the preliminary information, a technical fault midair caused the helicopter to opt for an emergency landing. Sensing the fault, the alert pilot acted quickly and brought the chopper down safely, preventing any injury or damage to the passengers. Th ...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 >
Dehradun, June 29 (SocialNews.XYZ) In light of relentless heavy rainfall and heightened risk of landslides, the Char Dham Yatra in Uttarakhand has been postponed for a day as a precautionary measure, officials confirmed on Sunday. The move has been made to safeguard the lives and property of thousands of pilgrims and residents amid deteriorating weather conditions in the region. Garhwal Commissioner Vinay Shankar Pandey stated, "The Chardham Yatra has been postponed for a day in view of the continuous heavy rainfall and the possibility of landslides. This precautionary step has been taken fo ...Read More >
New Delhi: On this day in 2024, India defeated South Africa by 7 runs and lifted the T20 World Cup title at the Kensington Oval in Barbados. India posted a 177-run target for the Proteas in 20 overs after opting to bat first. Virat Kohli smashed 76 runs off 59 balls with the help of six boundaries and two maximums. Axar Patel also batted brilliantly and scored 47 runs off 31 balls, hitting four maximums and one boundary in his sensational knock. Chasing the target of 177 runs, Bumrah provided India their first breakthrough when he removed Reeza Hendricks in the second over of the run-chase, ...Read More >
Uttarkashi (Uttarakhand) [India], June 29 (ANI): A severe landslide caused by heavy rainfall struck a labour camp at Silai Band on the Yamunotri Highway on Sunday, resulting in nine workers missing while ten others were rescued. Officials confirmed that a 10-12 meter stretch of the highway was completely washed away, severely disrupting road connectivity and delaying immediate rescue operations. Also Read | Puri Temple Stampede: Odisha CM Mohan Charan Majhi Seeks Forgiveness From Jagannath Devotees, Tender Apology for Stampede During Jagannath Rath Yatra. According to officials, teams from ...Read More >
New Delhi: The Char Dham Yatra resumed on Monday after the Uttarakhand government lifted a 24-hour precautionary suspension imposed due to adverse weather conditions, officials confirmed. Speaking to ANI, Garhwal Divisional Commissioner Vinay Shankar Pandey stated, "The 24-hour ban on Char Dham Yatra has been lifted." He added that all District Magistrates along the Yatra route have been instructed to monitor weather conditions closely and halt vehicular movement if necessary to ensure pilgrim safety. The Yatra was suspended on Sunday following a heavy rainfall alert and a subsequent cloudbu ...Read More >
Mumbai (Maharashtra) [India], July 2 (ANI): Maharashtra Deputy Chief Minister Eknath Shinde stated that the Maharashtra Tourism Minister had spoken to the Uttarakhand government to facilitate the safe rescue of tourists stranded in Uttarakhand. Shinde assured that tourists would be safely brought back to Maharashtra. 'Our Tourism Minister spoke to the Tourism Minister there. I too spoke with them; spoke with the Special Secretary of CMO also. I also spoke with the tourists who are stranded there. They are safe right now. The Government and Administration are helping them. They will be brough ...Read More >