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.
Mangaluru: The Mangaluru International Airport (MIA) recorded a robust performance in the first half of the fiscal year 2025-26, despite facing a challenging global and domestic aviation environment. The airport successfully handled over 1.24 million passengers between April and Sept.The airport spokesperson stated that in terms of passenger traffic, the first half of FY 2025-26 saw a 10.9% increase compared to the same period in the previous year, with total passenger numbers rising from 1.1 mil
New Delhi/Mumbai, Jul 13 (PTI) A five-member team, headed by 56-year-old Sanjay Kumar Singh, is probing the fatal crash of the Air India aircraft last month in Ahmedabad that killed 260 people. Aircraft Accident Investigation Bureau (AAIB) Director Singh is the Investigator-in-Charge and Deputy Director Jasbir Singh Larhga is the Chief Investigator. Also Read | Railway Minister Ashwini Vaishnaw Approves To Install CCTV Cameras in All 74,000 Coaches To Enhance Passenger Safety. There are also three Directorate General of Civil Aviation (DGCA) officials in the investigation team -- Deputy Dir ...Read More >
In an e-mail sent to civil aviation minister Ram Mohan Naidu, secretary Samir Kumar Sinha and Airports Authority of India (AAI) chairman Vipin Kumar on Sunday, the Air Traffic Safety Electronics Personnel Association (ATSEPA-India) said the disruption was a result of "technology failure, not manpower shortage," pointing to the obsolete Aeronautical Message Switching System (AMSS) that "lacks redundancy and modern capability." "The recent operational disruptions at Delhi Airport have once again h ...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 (Maharashtra) [India], August 3 (ANI): In a major crackdown on narcotics smuggling, officers of the Airport Commissionerate, Mumbai Customs Zone-III, have seized 14.738 kgs of suspected NDPS hydroponic weed (marijuana) valued at approximately Rs 14.73 crore during operations on Sunday. The seizures were made across Chhatrapati Shivaji Maharaj International Airport (CSMI), resulting in the arrest of one passenger, as stated in the press release. The passenger was arrested under the provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. Based on specific intel, ...Read More >
Mumbai : The Air India group today announced its plans to commence commercial flights from Navi Mumbai International Airport (NMIA, IATA code: NMI), operated by Adani Airport Holdings Ltd., starting from the airport's first phase of operations. This collaboration underscores Air India group's commitment to boost domestic and international connectivity as well as propel India's growth in becoming the world's third-largest air passenger market by 2030. In the initial phase of the new airport's operations, Air India group's value carrier, Air India Express, will operate 20 daily departures or 4 ...Read More >
Kota, Jun 6 (PTI) A relationship manager in an ICICI bank branch in Kota allegedly swindled around Rs 4.58 crore from customers' accounts only to lose the lot of it in the stock market, police on Friday said. She was arrested last week and is currently under judicial custody, they said. Also Read | Bengaluru Stampede: Police Complaint Lodged Against Virat Kohli Over Stampede Tragedy Near Chinnaswamy Stadium. The accused, Sakshi Gupta, was posted as a relationship manager at ICICI Bank's DCM branch. Police said she had been pilfering from more than 110 accounts belonging to 41 customers for ...Read More >
MUMBAI : Shiv Sena (UBT) MP Sanjay Raut on Friday posted a video on X purportedly showing the state's social justice minister Sanjay Shirsat of the Shiv Sena sitting in a room along with a partially opened bag containing what look like bundles of currency notes. Shirsat, however, rubbished the claim, saying the bag only contained clothes.The allegation came a day after it emerged that Shirsat had received a notice from the income tax department seeking an explanation for increase in his financial worth between the 2019 and 2024 assembly elections from Rs 3.3 crore to Rs 35 crore. Last month, S ...Read More >
ahmedabad, India - A preliminary report into the tragic crash of Air India flight AI171 has revealed that all crew members were deemed fit to operate the flight after being breathalysed upon arrival at Ahmedabad airport. The inquiry is now intensely focused on retrieved engine components, with investigators identifying "components of interest for further examinations." The aircraft,en route to Ahmedabad,began losing altitude before crossing the airport perimeter wall. While no significant bird activity was reported near the flight path, the exact cause of the sudden descent remains under ...Read More >
New Delhi, Aug 3 (PTI) The government has notified a new framework for the edible oil industry, imposing stricter registration and reporting requirements on producers to enhance transparency and oversight, according to an official release. The 2025 Vegetable Oil Products, Production and Availability (VOPPA) Regulation Order, notified on August 1 by the Ministry of Consumer Affairs, Food and Public Distribution, amends the Vegetable Oil Products Production and Availability (Regulation) Order, 2011, under Section 3 of the Essential Commodities Act, 1955. Under the new framework, producers will ...Read More >
New Delhi/Mumbai, Jul 13 (PTI) A five-member team, headed by 56-year-old Sanjay Kumar Singh, is probing the fatal crash of the Air India aircraft last month in Ahmedabad that killed 260 people. Aircraft Accident Investigation Bureau (AAIB) Director Singh is the Investigator-in-Charge and Deputy Director Jasbir Singh Larhga is the Chief Investigator. There are also three Directorate General of Civil Aviation (DGCA) officials in the investigation team -- Deputy Director Vipin Venu Varakoth, Assistant Director Veeraragavan K, and Air Safety Officer Vaishnav Vijayakumar. On June 12, Air India's ...Read More >
The Air India group on Tuesday announced that it will commence commercial flights from Navi Mumbai International Airport, operated by Adani Airport Holdings Ltd., starting from the airport's first phase of operations. The airport is set to open for commercial operations on September 30. In the initial phase, Air India Express, the group's value carrier, will operate 20 daily departures or 40 Air Traffic Movements (ATMs) from NMIA, connecting 15 Indian cities. The airline plans to scale up to 5 ...Read More >