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.
Hyderabad: A large metal panel from the ceiling of an aerobridge at Hyderabad airport fell on an Air India Express passenger's head, causing internal injuries and leaving him dazed and giddy. Deepak Adoni, a US citizen who came to India on work, told PTI that he was among the first few passengers to exit the flight that arrived from Bengaluru on Sunday afternoon. "I had taken a few steps when the heavy panel fell on my head, and I instinctively held on to the railing to steady myself, not knowing what hit me," Adoni, 63, said on Monday.He said a young woman behind him, Zainab Sayed, rushed to help him and screamed for help as he leaned on the wall of the aerobridge.Help came about 30 minutes later, and Adoni was rushed to Apollo hospital in an ambulance, where a CT scan showed "severe degenerative changes" to the cervical spine, "multilevel disc bulges" and "trivial head trauma", according to the attending doctor's report.It is not clear whether the spine issue was an existing condition or the result of the incident.Adoni said, "Initially, I was OK, but within 30 minutes I started to feel dizzy, and in fact, I started to stutter and could not remember my name" during the admission process at Apollo.He said, "Zainab travelled with me in the ambulance and took the time to speak with my wife in the US. An amazing human being". At the hospital, doctors administered an MRI in addition to the CT Scan."All through the process, I could not stand, and people had to help me. At one point, when I sat down, the entire room started to spin," he said. It is not known what caused the aluminium panel -- roughly 7-8 feet in length and 2 feet wide -- to get dislodged and fall.Adoni, originally a native of Telangana before he went to the United States about four decades ago, said an airport official stayed with him at the hospital overnight until he was discharged on Monday.Doctors advised him to wear a neck brace and prescribed painkillers for the neck and head aches. Adoni said he will not return to the US immediately and will monitor his condition before deciding on the next course of action.He said this includes possible legal action against GMR. Airport authorities said, "We sincerely regret this unfortunate incident," adding that Adoni sustained "no acute or significant injuries".A statement said airport maintenance teams have conducted "a safety inspection of the aerobridge ceiling panels to prevent future occurrences". "We sincerely regret this unfortunate incident, in which a panel from the false ceiling of an aerobridge hit a passenger while disembarking on Sunday afternoon."Airport authorities and emergency medical teams immediately attended to the passenger, Deepak Adoni. To ensure his safety, he was promptly transported via ambulance to Apollo Hospital for a comprehensive medical evaluation, including an MRI, the statement said.Hospital authorities confirmed that he sustained no acute or significant injuries from the impact. After completing all necessary observations and tests, he was medically cleared and discharged.Airport maintenance teams have since conducted a safety inspection of the aerobridge ceiling panels to prevent future occurrences. This was an isolated instance, and we remain committed to ensuring high standards of safety and operations, the statement added.
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 >
Sonia Gandhi, a senior Congress leader, was admitted to Indira Gandhi Medical College Hospital in Shimla on Saturday due to complaints of high blood pressure. The 78-year-old, who was on a personal visit with her daughter Priyanka Gandhi, underwent routine tests at the hospital. After the checkup, she returned to Priyanka's residence in Chharabra, near Shimla.Following complaints of high blood pressure, Senior Congress leader Sonia Gandhi was on Saturday taken to Indira Gandhi Medical College Hos ...Read More >
New Delhi, Jul 3 (PTI) Vedanta registered a decline in production of saleable steel, oil and gas, and refined metal in the first quarter of the current fiscal year. However, aluminium production rose marginally by 1 per cent to 6,05,000 tonnes during the first quarter and the iron ore output also increased by 42 per cent to 1.8 million tonnes during the period. The production of saleable steel dropped 2 per cent to 3,49,000 tonnes, in case of refined metal the decline was by 5 per cent to 2,50,000 tonnes. In oil and gas, Vedanta's average daily gross operated production dropped 17 per cent ...Read More >
Gangtok, Jun 8 (PTI) The Sikkim government on Sunday evacuated 28 people, including three minors, stranded in Chaten in the northern part of the Himalayan state, where road connectivity has been snapped due to multiple landslides triggered by heavy rain, officials said. Responding to distress calls from a few locals, some taxi drivers and government officials stationed in Chaten, seeking evacuation, the administration hired a helicopter to rescue them. "The state government arranged a helicopter and successfully evacuated 28 people, including three minors," one of the officials said. All ev ...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 >
New Delhi, Jul 6 (PTI) The Delhi government on Sunday appointed over 1,300 new nursing officers and launched Ayushman Bharat registration vans to strengthen the healthcare system in the national capital. The event was attended by BJP president J P Nadda, Delhi Chief Minister Rekha Gupta, Health Minister Pankaj Singh, and other senior ministers. Addressing the gathering, Chief Minister Gupta sharply criticised the previous government, alleging that it had allowed the capital's health infrastructure to deteriorate significantly. "In the past, Delhi's healthcare was in such a poor state that t ...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 >
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 >
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 >
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 >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...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 >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
Thiruvananthapuram, Jun 2 (PTI) What began last month as an emergency landing by a British Royal Navy F-35B Lightning fighter jet at Thiruvananthapuram International Airport has unexpectedly turned into a marketing gift for Kerala Tourism. The jet, part of the UK's most advanced stealth fleet, is awaiting repairs. Now, that brief military issue is being reimagined -- not in air bases or defence circles, but in the world of travel and tourism. A new poster posted by Kerala Tourism on its 'X' handle is making the rounds online. It features a stylised image of the fighter jet parked against a ...Read More >
New Delhi, Jul 3 (PTI) Vedanta registered a decline in production of saleable steel, oil and gas, and refined metal in the first quarter of the current fiscal year. However, aluminium production rose marginally by 1 per cent to 6,05,000 tonnes during the first quarter and the iron ore output also increased by 42 per cent to 1.8 million tonnes during the period. Also Read | Who Is Soham Parekh, Indian Techie Accused of Duping Multiple Companies? What's His Reaction to Allegations of Moonlighting?. The production of saleable steel dropped 2 per cent to 3,49,000 tonnes, in case of refined meta ...Read More >
New Delhi, Jul 6 (PTI) Billionaire Gautam Adani-led group's flagship firm on Sunday announced a Rs 1,000 crore NCD issue offering up to 9.30 per cent per annum. The issue opens on Wednesday, July 9, 2025, and closes on July 22, a company statement said. It offers an effective yield of up to 9.30 per cent per annum. This is Adani Enterprises' second public issuance of secured, rated, listed redeemable, non-convertible debentures. "The second public issuance of NCDs by AEL, further deepens our commitment to inclusive capital markets growth and retail participation in long-term infrastructure ...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 >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
Gangtok, Jun 8 (PTI) At least 28 people, stranded at Chaten in north Sikkim, and 20 army personnel were airlifted on Sunday as the road connectivity in the region had been snapped due to multiple landslides triggered by heavy rain, officials said. A chopper evacuated 28 civilians, comprising minors, tourist taxi drivers and government officials, from Chaten in the first sortie, while 20 army personnel returned to Pakyong Greenfield Airport in another trip, they said. The MI-17 helicopter also transported essential supplies for Indian Army personnel stationed at Chaten, the officials said. T ...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 >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...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 >
Thiruvananthapuram, Jul 6 (PTI) After remaining stranded here for about a month following a technical issue, a British Royal Navy fighter jet was on Sunday moved to a designated facility for British engineers to assess it, airport sources here said. An engineering team from the UK arrived at the international airport here on Sunday to assess and repair the British Royal Navy F-35B Lightning fighter jet which made an emergency landing at the airport nearly a month ago. A British High Commission spokesperson confirmed the arrival of the engineering team at the airport. "A UK engineering team ...Read More >
Aryan Meena, who lived in the Dausa district of Rajasthan state, was trapped in the narrow well for three days after falling into it while playing on Monday afternoon. The boy, wearing pants and a t-shirt, had to endure plummeting winter temperatures inside the well as well as hunger and thirst. Children and even adult people dying from falling into open borewells is not uncommon in rural India where they are dug to pump water for irrigation and drinking and left abandoned after they run dry. ...Read More >
New Delhi, Jan 8 (PTI) The government is planning to make it mandatory for domestic airlines to share weather data captured by aircraft during takeoffs and landings with the weather office, which could lead to significantly better forecasts. Currently, the India Meteorological Department (IMD) launches weather balloons from 50-60 stations to collect critical data on temperature, humidity and wind speed at various altitudes, which form crucial inputs for weather forecasting models. These inputs could increase exponentially as the country records more than 6,000 takeoffs and landings by domest ...Read More >
New Delhi, May 23 (PTI) GMR Airports saw its consolidated loss widen to Rs 253 crore in the three months ended March 2025 even as total income rose during the same period. The company had a loss of Rs 168 crore in the year-ago period. The figures are after tax for continuing operations. According to a regulatory filing on Friday, GMR Airports' total income climbed to Rs 2,977 crore in the fourth quarter of 2024-25 financial year from Rs 2,570 crore in the year-ago period. For the 2024-25 fiscal, the company's loss narrowed to Rs 817 crore from Rs 829 crore in the same period a year ago. D ...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 >
New Delhi, Jun 27 (PTI) Aviation engineers from the UK are arriving in Thiruvananthapuram to repair an F-35B Lightning jet of Britain's Royal Navy as the aircraft continued to be stranded after making an emergency landing 12 days ago. The aircraft is part of the HMS Prince of Wales Carrier Strike Group of the UK's Royal Navy. Also Read | Lohardaga Shocker: Woman Strangulated, Teen Grandson Hacked to Death in Sleep in Jharkhand, Family Feud Suspected. The jet, worth over USD 110 million and known to be one of the most advanced fighters globally, made the emergency landing at Thiruvananthapur ...Read More >