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: Union Civil Aviation Minister Ram Mohan Naidu on Monday said the country will have 3,000 aircraft in its possession by 2036 and they require a workforce comprising 10,000-12,000 pilots. Speaking at Rail Bhavan after an MoU was inked between the Directorate General of Civil Aviation and the Gati Shakti Vishwavidyalaya (GSV) in Gujarat run by the Ministry of Railways, Naidu said the demand from the Indian aviation industry is surprisingly huge. "A total of 1,700 aircraft are on the horizon which is two times the number of the aircraft we have in our fleet today. When they get delivered, we will have 3,000 aircraft in our air space by 2036. By then, we have to ensure that all these aircraft are supported by the right workforce also." The requirement of pilots for the next ten years will be between 10,000 and 12,000. "On an average, through our Flying Training Organisations we are able to generate between 1500 and 1600 pilots per year" he elaborated.
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 >
Hyderabad: GMR Hyderabad International Airport Limited (GHIAL) signed a Memorandum of Understanding with Young India Skill University (YISU) to enhance aviation skill development for the youth of Telangana. The partnership will provide various aviation training programs and certifications, specially designed to strengthen workforce skills and meet the growing demands of the aviation industry. The YISU is an initiative by Telangana Telangana aimed at addressing skills and employability gap within the state and nation. This futuristic initiative aligns with the state's strategic vision to stren ...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 >
Bengaluru (Karnataka) [India], June 30: Bengaluru-based SatSure, a full-stack satellite Earth Observation (EO) and Decision Intelligence company, is pleased to announce the signing of a Memorandum of Understanding (MoU) with Hyderabad-based Dhruva Space, a leading full-stack Space solutions provider with proven expertise in satellite platforms, launch services, and ground station infrastructure. This strategic partnership aims to unify the two companies' end-to-end, indigenously-developed capabilities across the upstream and downstream segments of the Space value chain, addressing the needs of ...Read More >
New Delhi [India], July 9 (ANI): Senior officials of the Aircraft Accident Investigation Bureau (AAIB) told a parliamentary panel on Wednesday that the preliminary report on the plane crash in Ahmedabad is likely to be placed in the public domain in the next few days, sources said. Parliament's Standing Committee on Transport, Tourism and Culture met here on Wednesday with members making queries and seeking clarifications on the issue of safety and aircraft maintenance. The members, sources said, talked about the vast expansion of air sector in India, the projected growth and the need to exp ...Read More >
New Delhi [India], June 8 (ANI): Prime Minister Narendra Modi on Sunday emphasised that women's empowerment is vital to India's growth, highlighting a shift in societal perspective where women are no longer limited to traditional roles. Instead, they are recognised as key drivers of progress, contributing significantly to the nation's development. The BJP-led NDA government at the centre released a book highlighting its achievements in empowering women over the last 11 years. As the NDA completes its 11 years in government, the book highlights various key schemes, such as Beti Bachao Beti Pa ...Read More >
New Delhi : As India gears up to celebrate National Logistics Day on June 28, the 5th RailTrans Expo 2025, organized by the Indian Chamber of Commerce (ICC), continued with renewed energy and insight. Day 2 of the Expo witnessed a high-impact plenary session titled "Unifying Corridors & Smart Logistics for Sustainable Infrastructure", aligning with the central theme 'Logistics 360 for Viksit Bharat'. The session brought together a powerhouse panel of senior policymakers, logistics leaders, and academicians, reflecting a shared vision to build a unified, tech-enabled, and future-ready logistic ...Read More >
The Aircraft Accident Investigation Bureau (AAIB) informed a parliamentary panel that the initial investigation report on the Air India Flight AI-171 incident in Ahmedabad is still pending, contrary to media reports. The AAIB clarified that the preliminary report will be released within 30 days of the June 12 crash, setting a timeline for the public disclosure of findings. The Aircraft Accident Investigation Bureau (AAIB) has clarified to a parliamentary panel that it has not yet submitted the i ...Read More >
Pune, Jul 12 (PTI) Union minister Murlidhar Mohol on Saturday said the Aircraft Accident Investigation Bureau (AAIB)'s report on the Ahmedabad plane crash was a preliminary one and conclusions cannot be drawn based on it as the conversation between the pilots was very brief. The Minister of State for Civil Aviation was talking to reporters here about the investigation into the June 12 plane crash. The London-bound Boeing 787 Dreamliner crashed into a medical college hostel in Ahmedabad moments after taking off from the city airport, killing all but one of the 242 onboard and another 19 on gr ...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. 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 >
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 >
Delhi's Artificial Rain Through Cloud Seeding: To combat air pollution, Delhi is set to witness the first trial of artificial rain, with cloud seeding operations between July 4 and 11. Delhi Environment Minister Manjinder Singh Sirsa said the flight plan has been submitted by the Indian Institute of Technology (IIT) Kanpur to the India Meteorological Department (IMD) in Pune. He said the current weather conditions are not suitable for cloud seeding until July 3, but a tentative flight window has been proposed between July 4 and 11. He added that a proposal has also been sent to the Directorat ...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 >
Dehradun (Uttarakhand) [India], July 5 (ANI): Chief Minister Pushkar Singh Dhami participated in the Civil Aviation Conference-2025 organised in Dehradun on Friday. Union Civil Aviation Minister Kinjarapu Rammohan Naidu and Civil Aviation Ministers of North India also attended the conference. Chief Minister said that this conference is a testimony to the historic progress made in the civil aviation sector of the country under the leadership of Prime Minister Narendra Modi. He said that by connecting small cities and remote areas with air connectivity through the Udan scheme, not only has ai ...Read More >
The Aircraft Accident Investigation Bureau (AAIB) has submitted its initial findings to the Ministry of Civil Aviation regarding the catastrophic crash of Air India Flight AI-171 in Ahmedabad. The tragic accident, which occurred on June 12, involved a Boeing 787-8 Dreamliner en route to London and resulted in the loss of 241 lives, including former Gujarat Chief Minister Vijay Rupani. The AAIB's preliminary report -- compiled with assistance from global and domestic aviation experts -- marks the first formal insight into one of India's worst aviation disasters. The aircraft crashed shortly a ...Read More >
New Delhi [India], July 8 (ANI): Members of Parliament's Public Accounts Committee (PAC) on Tuesday raised serious concerns over aviation safety following the Air India Flight AI-171 crash in Ahmedabad and the sudden surge in flight fares from Srinagar to other cities after the recent terror attack in Pahalgam, according to sources. The Parliamentary panel today met with top officials from the Civil Aviation Ministry and representatives from major airlines. As per sources, several committe members have expressed strong dissatisfaction over the way various airlines drastically increased their ...Read More >
New Delhi, Jul 8 (PTI) Aviation regulator DGCA said on Tuesday it will put in place a mechanism to curb whopping surge in air ticket prices, recently witnessed during the Maha Kumbh and post-Pahalgam terror attack, as the issue coupled with concerns over air safety after the Ahmedabad plane crash dominated proceedings at a parliamentary panel meeting. Air India CEO and MD Campbell Wilson told the committee his airline will complete retrofitting of its fleet in two years to address frequent complaints about its seats and other facilities, and underscored its commitment to flight safety, source ...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 [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 >
New Delhi [India], July 9 (ANI): The Parliamentary Standing Committee on Transport, Tourism and Culture is holding a meeting at Parliament House Annexe. The meeting will focus on the Overall review of safety in the civil aviation sector Committee Chairman Sanjay Kumar Jha, Air India CEO Campbell Wilson, and Officials of the Ministry of Civil Aviation, the Directorate General of Civil Aviation, and the Airports Authority of India. are attending the Tuesday meeting being held at Parliament House Annexe On Tuesday, Members of Parliament's Public Accounts Committee (PAC) raised serious concerns ...Read More >
New Delhi, July 10: A viral message circulating on WhatsApp and social media platforms claims to be the preliminary investigation report of the Air India Flight AI-171 crash, allegedly released by India's Aircraft Accident Investigation Bureau (AAIB). The message, titled "Air India #AI 171 Crash: AAIB Preliminary Report", states that the crash, which reportedly led to 247 fatalities, was caused by a critical cockpit incident during takeoff. According to the report, the captain's seat slid backward during rotation due to a mechanical failure in the seat locking mechanism. The sudden movement s ...Read More >
Vizag (Andhra Pradesh) [India], July 12 (ANI): Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu on Saturday hailed the Aircraft Accident Investigation Bureau (AAIB) for conducting a 'transparent and professional' investigation into the Air India flight AI171 crash. The Air India Boeing 787-8 aircraft crashed shortly after takeoff from Ahmedabad's Sardar Vallabhbhai Patel International Airport on June 12, resulting in the deaths of 260 individuals, including 229 passengers, 12 crew members, and 19 people on the ground. Speaking to ANI, the Union Minister said the preliminary report rel ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...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 >
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 >
Hyderabad (Telangana) [India], July 4 (ANI): Congress chief Mallikarjun Kharge on Friday came down heavily on the Rashtriya Swayamsewak Sangh (RSS) over its pitch to reconsider the words 'secular and socialist' from the Preamble of the Indian Constitution while saying that it was 'all talk'. He dared and challenged RSS General Secretary Dattatreya Hosabale and top leaders of the ruling Bharatiya Janata Party (BJP) in the centre to remove the words 'secular and socialist' from the Preamble. 'Days before, I heard that some RSS person said that we should remove Secular and Socialist words from ...Read More >
Dehradun (Uttarakhand) [India], July 5 (ANI): Chief Minister Pushkar Singh Dhami participated in the Civil Aviation Conference-2025 organised in Dehradun on Friday. Union Civil Aviation Minister Kinjarapu Rammohan Naidu and Civil Aviation Ministers of North India also attended the conference. Also Read | Centre Notifies Waqf Management Rules 2025; Portal, Database, Audit of Waqf Properties. Chief Minister said that this conference is a testimony to the historic progress made in the civil aviation sector of the country under the leadership of Prime Minister Narendra Modi. He said that by co ...Read More >
ISLAMABAD: Indian Deputy Chief of Army Staff Lt Gen Rahul R Singh Friday claimed China used the four-day Pakistan-India conflict in May like a "live lab" to test various weapon systems and was providing all possible support to Islamabad in line with its ancient military strategy of killing the adversary with a "borrowed knife". The senior Indian military officer claimed while Pakistan was the "front face", with China extending all possible support to its all-weather ally, Turkiye was also playing a major role by supplying military hardware to Islamabad, adding that India was actually dealing w ...Read More >