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 [India], April 6 (ANI): In view of the prevailing situation in the Middle East, Akasa Air announced that it will continue operating flights between Jeddah and Indian cities, including Ahmedabad, Bengaluru, Mumbai, Kochi, and Kozhikode, as per the airline's ongoing safety assessment. The carrier further stated that it is progressively evaluating the resumption of flights from and to Abu Dhabi. In a post on X, Akasa Air wrote on Sunday, "Following our ongoing safety assessment and a review of the prevailing situation in the Middle East, we continue to operate flights to/from Jeddah and Ahmedabad, Bengaluru, Mumbai, Kochi and Kozhikode. Further, we continue to progressively evaluate resumption of flights to/from Abu Dhabi." The airline urged the passengers to visit the official website akasaair.com or use their Akasa Air Android and iOS application for flight details and booking. Akasa Air clarified that operations are being conducted based on the prevailing situation and ongoing safety assessments, and schedules may be subject to change. The airline also noted that flights to and from Doha, Riyadh and Kuwait will remain suspended until April 12. Further, the airline assured that it is monitoring the situation in real-time to ensure smooth operations to affected destinations. "We continue to monitor and assess the situation with respect to these destinations on a real-time basis, and changes, if any, to the flight status for such destinations will be notified accordingly," it said. In addition, Akasa Air has extended its waiver of cancellation and rescheduling charges for passengers booked to or from these cities until April 12, allowing full refunds or free rescheduling. "Akasa Air has extended its cancellation/rescheduling charges waiver policy for passengers booked to or from these cities until April 12, 2026. Passengers may opt for a full refund, credited to the original source of payment within 7 days, or reschedule their travel at no additional cost. If your booking was made through a travel partner, please check directly with them for assistance," the airline added. Akasa Air also urged the passengers to check their flight status at bit.ly/qpfltsts before proceeding to the airport. "For further assistance, please contact our 24x7 Akasa Care Centre at +91 9606112131," the post noted. Reiterating its commitment to safety, Akasa Air emphasised that the well-being of passengers and crew remains its top priority. "We thank you for your patience and appreciate your understanding during this time," the airline stated. (ANI)
Delhi, July 15: A SpiceJet flight SG 9282 from Delhi to Mumbai was significantly delayed on Monday, July 15, after two passengers, one of them identified as Yachana Nair, allegedly attempted to forcefully approach the cockpit while the aircraft was taxiing. The incident occurred as the passengers complained of an air conditioning issue, which further led to their offloading and subsequent handover to security personnel. The flight, SG 9282, was preparing for departure from Delhi's Indira Gandhi International Airport when the disruption occurred. According to the airline, the two passengers ig ...Read More >
Ranchi (Jharkhand) [India], August 4 (ANI): The Jharkhand government declared a three-day state mourning, starting Monday, following the passing of the state's former Chief Minister and co-founder of Jharkhand Mukti Morcha, Shibu Soren. "In honour of the late Honourable former Chief Minister-cum-Rajya Sabha MP, the State Government has decided to observe 03 (three) days of state mourning from August 4 to August 6," the message from the Jharkhand government read. Also Read | Kerala Shocker: 47-Year-Old Man Dies by Suicide After Failing to Arrange Funds for Son's Engineering College Admission. ...Read More >
IndiGo has overtaken Air India and Air India Express in international travel. This shift occurred in the July-September 2025 quarter. Air India reduced flights after a recent crash. IndiGo carried more passengers during this period. The airline also maintained its international services during recent disruptions. Future changes are expected as Air India upgrades its fleet. IndiGo has, for the first time, carried more international passengers than the combined Air India and Air India Express netw ...Read More >
New Delhi, Apr 1 (PTI) IndiGo on Wednesday said the partial hike in ATF price will help insulate the domestic air travel costs amid the rise in fuel costs due to the Middle East conflict. In a statement, the airline said, "it was reviewing the impact of this revised ATF price on April 1 on its operating cost and will appropriately announce its revised fuel charges shortly." PSU oil marketing companies, under the Ministry of Petroleum in consultation with the Ministry of Civil Aviation, decided to implement only a partial and staggered increase of 25 per cent or Rs 15/litre for domestic airlin ...Read More >
Mumbai: Around 41 Indian nationals hailing from Maharashtra are currently stranded in Saudi Arabia, following the cancellation of their Akasa Air flight to Mumbai, claimed member of parliament Supriya Sule. She appealed to the Ministry of External Affairs (MEA) and the Indian Embassy for immediate repatriation assistance for stranded passengers. Flight cancellation details On Monday, Sule posted on social media platform X - a list of the names of 41 people from Maharashtra's Bhokardan - claiming that they have been stranded in Riyadh due to the cancellation of a flight by Akasa Air. The work ...Read More >
New Delhi, Apr 7 (PTI) Indian carriers have cancelled over 10,000 flights since the onset of the West Asia conflict, as escalating tensions and airspace restrictions disrupted international operations, a senior government official said. The widespread closures of key transit corridors forced airlines to suspend or reroute services, particularly on long-haul routes to Europe and North America. "On an average, Indian carriers used to fly about 300 to 350 flights daily to the Middle East (both ways put together). Today that number has come down to 80-90. That takes the total (flights cancelled ...Read More >
Indian carriers have cancelled over 10,000 flights since Iran war. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Indian carriers cancelled over 10,000 flights since West Asia conflict began in February * Daily flights to the Middle East dropped from 300-350 to 80-90 due to airspace closures * DGCA extended pilot flight duty limits to manage longer routes and avoid crew shortages Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Indian carriers have canc ...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, March 30: India has enough aviation turbine fuel (ATF) for the next 60 days and there is no immediate risk of disruption, Civil Aviation Minister Kinjarapu Rammohan Naidu told the Rajya Sabha on Monday amid concerns over the ongoing West Asia conflict. Responding to questions in the Rajya Sabha, Naidu assured that the country's aviation fuel supply remains stable despite the oil crisis triggered by the West Asia war. "India currently has adequate ATF reserves and does not foresee any shortage in the near future," he said. "India follows a balanced production system for ATF, where n ...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 >
Mumbai: Aviation regulator DGCA on Monday asked airlines to inspect the fuel switch locking system in their Boeing 787 and 737 planes, a move that comes days after the preliminary probe report into the Air India's Boeing 787 crash found that the switches were cut off before the accident last month. The Federal Aviation Administration (FAA), back in 2018, had flagged the potential disengagement of the fuel control switch locking feature on certain models of Boeing aircraft, including 787s and 737s. It was mentioned in a Special Airworthiness Information Bulletin (SAIB) but there was no airwort ...Read More >
NEW DELHI - The appointment of aviation heavyweight Willie Walsh as CEO of IndiGo is likely to bolster the Indian airline's global expansion but the former British Airways (BA) chief first has to repair its dented reputation. India's largest airline commanding about 65% of domestic flights stunned the industry with Walsh's appointment on Tuesday. That followed months of negative press and regulatory pressure after it cancelled thousands of flights in December due to inadequate planning for pilot rest and duty rules. IndiGo is betting on the current head of the International Air Transport As ...Read More >
Kolkata, Dec 6 (PTI) Air India Express, the budget-carrier arm of Air India, is embarking on a significant expansion by increasing its fleet size and introducing new routes, as passenger growth remains robust. The airline, however, has deferred plans to launch direct flights between Kolkata and Dhaka, citing the ongoing political crisis in Bangladesh. "You would recall we had announced our operational plan for Dhaka, which is a new and significant market for us. But because of the situation there, we have deferred those plans," Aloke Singh, Managing Director of Air India Express, said. "As ...Read More >
Hyderabad: AkasaAir has signed a three-year agreement with GMR Aero Technic for base maintenance and support for its Boeing 737 MAX fleet.Currently, the airline has 30 Boeing 737 MAX planes. GMR Aero Tech is aIndia's leading airframe maintenance company. "under the agreement, GMR Aero Technic will undertake scheduled base maintenance checks for Akasa Air's fleet at its state-of-the-art MRO facility, located within the GMR Aerospace & Industrial Park here," said GMR in a release on Monday. "Under the agreement, GMR Aero Technic will undertake scheduled base maintenance checks for Akasa Air's ...Read More >
New Delhi, Jul 17 (PTI) Tata Group-owned Indian Hotels Company Limited (IHCL) on Thursday reported a 26.56 per cent rise in its consolidated net profit to Rs 329.32 crore in the first quarter of FY26. The country's biggest hospitality player posted a net profit of Rs 260.19 crore in the corresponding period of the previous financial year. Its total income from operations stood at Rs 2,102.17 crore during the April-June quarter, against Rs 1,596.27 crore in the year-ago period. The company's total expenses also increased to Rs 1,662.35 crore, from Rs 1,267.78 crore a year ago, a regulatory f ...Read More >
NEW DELHI, April 7 (Reuters) - Air India said on Tuesday that CEO Campbell Wilson had resigned after nearly four years in the role, as the carrier grapples with persistent losses and heightened regulatory scrutiny following a crash last year that killed 260 people. Wilson's resignation comes just days after its bigger domestic rival, IndiGo, tapped aviation veteran Willie Walsh as its next CEO. The country's two largest carriers are under pressure from an industry crisis stemming from the Middle East conflict, compounded by domestic operational challenges. Reuters reported in January that A ...Read More >
NEW DELHI: Air India will from August 1 partially start resuming flights that were slashed after the June 12 Ahmedabad crash and full restoration of schedule is expected from October 1. Terming it the "safety pause," AI Tuesday said the cuts enabled it to "perform additional precautionary checks on Boeing 787 aircraft as well as accommodating longer flying times arising from airspace closures over Pakistan and the Middle East." Between August 1 and September 30, AI will operate thrice weekly between Ahmedabad and London Heathrow, replacing the current five weekly flights between Ahmedabad and ...Read More >
Air India and Air India Express on Tuesday announced the addition of 166 flights to and from Patna to meet the surge in demand for travellers around the festive season of Diwali and Chhath Puja. According to a press release by Air India, the Tata-owned carrier will operate 114 additional flights between Patna and different cities. In addition to that, the company's subsidiary Air India Express will operate 52 additional flights connecting the capital of Bihar to Delhi and Bengaluru. The additio ...Read More >
New Delhi: Air India CEO Campbell Wilson has resigned, a source with direct knowledge of the matter said on Tuesday, as the airline grapples with persistent losses and heightened regulatory scrutiny following a crash last year that killed 260 people. The news of his resignation comes just days after its bigger rival IndiGo tapped aviation industry veteran Willie Walsh as its next CEO, as the country's two largest carriers come under pressure to tackle a mounting industry crisis stemming from the Middle East conflict compounded by domestic operational challenges. Reuters reported in January ...Read More >
Srinagar, Jul 3 (PTI) The annual Amarnath Yatra began on Thursday with the first batches of pilgrims setting off from the twin base camps in Baltal and Nunwan towards the 3880-metre-high cave shrine in the south Kashmir Himalayas, which houses a naturally formed ice-lingam, officials said. The yatra started early morning from the twin tracks -- the traditional 48-km Nunwan-Pahalgam route and the 14-km Baltal route. The batches of pilgrims, including men, women and sadhus, left from the Nunwan base camp in Pahalgam, in south Kashmir's Anantnag, and Baltal base camp in Sonamarg area of central ...Read More >
NEW DELHI: Air India CEO Campbell Wilson has resigned, a source with direct knowledge of the matter said on Tuesday, as the airline grapples with persistent losses and heightened regulatory scrutiny following a crash last year that killed 260 people. The news of his resignation comes just days after its bigger rival IndiGo tapped aviation industry veteran Willie Walsh as its next CEO, as the country's two largest carriers come under pressure to tackle a mounting industry crisis stemming from the Middle East conflict compounded by domestic operational challenges. Reuters reported in January t ...Read More >
New Delhi: The government on Tuesday said that over 10,000 flights by Indian carriers to West Asia have been cancelled since the war broke out in the region. The move of the government comes at a time when widespread closures of key transit corridors have forced airlines to suspend or reroute services, particularly on long-haul routes to Europe and North America, according to a senior civil aviation ministry. "On average, Indian carriers used to fly about 300 to 350 flights daily to the Middle East (both ways put together). Today that number has come down to 80-90. That takes the total (fligh ...Read More >
New Delhi [India], April 8 (ANI): In a move aimed at curbing the sharp rise in domestic airfares amid the West Asia crisis, the Ministry of Civil Aviation has directed the Airports Authority of India (AAI) to reduce landing and parking charges at non-major airports. According to an official communication issued by the Ministry, AAI will reduce Landing and Parking Charges -- part of the aeronautical tariff -- at all its non-major airports by 25 per cent of the approved rate. The order states that the reduction will come into immediate effect for all domestic flights and will remain applicable ...Read More >
Nagpur: Warrior king Chhatrapati Shivaji Maharaj belonged to the entire country, but British history tried to confine him as a regional icon, said BJP leader and Rajya Sabha MP Sudhanshu Trivedi, who was in Nagpur on Friday to attend an event marking the 351st anniversary of Shivaji Maharaj's coronation. Trivedi told TOI at the event organized by Shivaji Maharaj Kruti Samiti that Shivaji Maharaj's contribution in 'safeguarding' the southern part of India from Mughal invasion must not be forgotten.Trivedi said, "Shivaji Maharaj belonged to all of us, entire country. Unfortunately, the British p ...Read More >
Amid ongoing global energy supply disruptions, state-run oil marketing companies on Wednesday raised prices of commercial LPG and aviation turbine fuel (ATF), marking a significant increase across key fuel segments. The price of a 19kg commercial LPG cylinder was hiked by ₹195.5, taking the rate in Delhi from ₹1,883 on March 7 to ₹2,078.50 on Wednesday, a 10.4% increase. Commercial LPG is widely used by hotels, hostels and restaurants, and this is the second price hike in less than a month ...Read More >
New Delhi: Aviation turbine fuel commonly known as jet fuel has crossed the Rs 2 lakh per kilolitre mark in the country, in a first, following a sharp rise in crude oil prices triggered by geopolitical crisis in West Asia. According to industry data, ATF prices saw an unprecedented surge due to disruptions in global energy supply chains and rising benchmark crude prices. The spike is expected to significantly increase operational costs for airlines. The price rise comes amid volatility in global oil markets after crisis escalated in the Middle East, including disruptions in the Strait of Hor ...Read More >
Mumbai (Maharashtra) [India], June 6 (ANI): Akasa Air on Friday announced its partnership with Adani Airport Holdings Ltd (AAHL) to commence commercial flight operations from the upcoming Navi Mumbai International Airport (NMIA). A joint statement said Akasa Air will initially operate 100+ weekly domestic departures, scaling up to 300+ domestic and over 50+ international departures weekly in the winter schedule. Also Read | Haryana Man Rapes Multiple Minors, Films Acts and Sells Sex Abuse Videos To Porn Websites: CBI Shares Disturbing Details. As part of its broader network strategy, the ai ...Read More >
On Wednesday Scandinavian airline SAS announced five times weekly flights between Copenhagen and Mumbai from next June European airlines are launching new routes to India to tap the growing demand for trade and tourism. On Wednesday Scandinavian airline SAS announced five times weekly flights between Copenhagen and Mumbai from next June. At present, Air India flies five times a week from Delhi to Copenhagen (temporarily reduced to thrice weekly till July 15), and IndiGo too has disclosed plans ...Read More >
Mumbai, Jul 14 (PTI) A Bird Group's cargo vehicle hit the wing of a stationary Akasa Air aircraft at Mumbai Airport on Monday, causing some damage to the right winglet, according to sources. However, there was no impact to passengers or the employees in the incident, which took place early morning on Monday after the airline's flight QP-1736 arrived here from Bangalore and the baggage and cargo were being offloaded, they said. Also Read | Will Japanese Bullet Train Not Run Between Ahmedabad and Mumbai? PIB Fact Check Debunks Fake News of Replacing Shinkansen With Vande Bharat Train. The dri ...Read More >
NEW DELHI: Four people died in Himachal Pradesh as rain continues to wreak havoc in the state, while five were swept away in Rajasthan's Kota at a barrage after a heavy downpour caused the authorities to release water from a reservoir. In Himachal, more than 200 roads are out of bounds for vehicular traffic, a majority of them in Mandi, while a flash flood warning has been issued for 12 districts in Jharkhand. An individual each drowned in Kullu and Kangra districts, one died after being bitten by a snake in Bilaspur, while one was killed after falling from a height, the State Emergency Oper ...Read More >