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.
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
Pune Airport is set to boost international travel with new daily flights to Dubai and bi-weekly flights to Bangkok, starting October 27. Pune is gearing up to enhance its international flight connectivity with the launch of new routes beginning October 27.The city will soon have a daily flight to Dubai and a bi-weekly service to Bangkok. This announcement was made on Thursday by Murlidhar Mohol, the Minister of State for Civil Aviation. Currently, Pune airport caters to two international destinations. A prominent route from Pune is the well-established Dubai flight, currently operated by Spi ...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 >
New Delhi [India], December 4 (ANI): The Central Bureau of Investigation (CBI) on Wednesday conducted searches at 10 locations in Delhi and surrounding areas in connection with an on-going investigation of a transnational cyber enabled fraud case involving large-scale financial scams. CBI registered the said case under Sections 403 and 420 of the Indian Penal Code and Section 66D of the Information Technology Act, 2000, based on a written complaint received from the Indian Cyber Crime Coordination Centre (I4C), Ministry of Home Affairs, Government of India. The complaint alleged that unknown ...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], 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 >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...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 >
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 >
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 >
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 >
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 >
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: Starting July 2025, goods and services tax or GST compliance will undergo a shift with two key changes -- locking of GSTR-3B forms and a three-year deadline for filing returns. These changes, introduced by the GST Council, aim to improve accuracy and transparency in return filing, while reducing mismatches and fraudulent claims. The move is aimed at ensuring consistency between GSTR-1 (which records outward supplies) and GSTR-3B (used to pay tax), reducing revenue leakages due to mismatches. As per the GST rule, from the July 2025 return period, the GSTR-3B form will become non-edi ...Read More >
New Delhi: The Supreme Court has held the Aircraft Act was "a complete code" to deal with the safety and security of civil aviation and aerodromes whereas the state police could only forward probe material to the authorised officer to decide on lodging a complaint. The significant verdict, ruling out any significant role of state police in dealing with the airport violations cases, came from a bench comprising Justices A S Oka and Manmohan on an appeal of the Jharkhand government. The state government challenged the Jharkhand High Court judgement which quashed the FIR against BJP MPs Nishika ...Read More >
New Delhi, Jun 6 (PTI) Almost every manufacturer in India, across various segments covered in a survey, has either invested in artificial intelligence and machine learning technology or is planning to do so, a senior officer from Rockwell Automation said on Friday. While sharing details of the survey, Rockwell Automation India Managing Director Dilip Sawhney told PTI that in a survey on smart manufacturing conducted two years ago, about two-thirds of organisations said they would either have already invested in AI or planned to do so in the next 12 months or thereafter. This figure crossed th ...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 >
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 >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >
New Delhi: The national capital and its neighbouring regions woke up to a dense fog which led to poor visibility in the early hours. The reduced visibility due to dense fog around the Delhi's Indira Gandhi International (IGI) Airport led to disruptions in flight operations across the region. As per a report by FlightRadar24, Delhi Airport saw cancellations of four flights due to dense fog and low visibility. In addition to this, 118 flights departing from Delhi Airport and 39 flights scheduled for arrival were delayed on Wednesday morning. The airport authorities also informed the flyers that ...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 >