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New Delhi [India], April 7 (ANI): The ongoing West Asia conflict has put significant pressure on India's aviation sector by impacting airline revenues and increasing operational costs, Civil Aviation Ministry Joint Secretary Asangba Chuba Ao said on Tuesday. Speaking during an inter-ministerial briefing on recent developments in West Asia, Ao said airlines are facing a two-fold challenge due to the crisis, which began over a month ago. "50 per cent of all international operations by Indian car ...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 wa ...Read More >

Air India's chief executive officer Campbell Wilson has resigned as the airline deals with challenges, including financial losses and the aftermath of a deadly crash last year that killed 260 people. Wilson, whose term was set to end in 2027, will stay in the role until a successor is appointed, Air India said. A former Singapore Airlines executive, Wilson was brought in to lead a turnaround after Tata Group bought Air India from the Indian government in 2022 following years of losses. During ...Read More >

New Delhi: Air India Chief Executive Officer and Managing Director, Mr Campbell Wilson on Tuesday resigned from his post. He will remain in the role until his successor is announced and in place. Air India is a statement said that Mr Wilson had conveyed his intention to step down in 2026 to Air India Chairman N. Chandrasekaran in 2024 itself and, since then, he has been working to ensure the organization and leadership team is on a stable footing for the transition. In a message to the Air Ind ...Read More >

Mumbai Tech Week 2026: Mumbai has long been known as India's financial capital, home to the country's largest banks, financial institutions, media houses, and corporate headquarters. But a new story is now unfolding across its boardrooms and startup hubs. The city is rapidly emerging as a powerhouse for applied artificial intelligence, where startups are transforming enterprise demand into real-world innovation. Mumbai Emerging as a Hub for Applied AI Startups From fintech firms improving frau ...Read More >

Mumbai (Maharashtra) [India], April 7 (ANI): Bank credit in India is expected to grow around 13 per cent in the current fiscal, slightly slower than the estimated 14 per cent growth in FY26, according to a report by CRISIL Ratings. The report said the growth will be supported mainly by strong demand from the retail and micro, small and medium enterprise (MSME) segments, along with corporates continuing to prefer bank loans over bond issuances. Also Read | Vivo X300 Ultra Review: Flagship Featu ...Read More >

Mumbai (Maharashtra) [India], April 7 (ANI): Bank credit in India is expected to grow around 13 per cent in the current fiscal, slightly slower than the estimated 14 per cent growth in FY26, according to a report by CRISIL Ratings. The report said the growth will be supported mainly by strong demand from the retail and micro, small and medium enterprise (MSME) segments, along with corporates continuing to prefer bank loans over bond issuances. "Bank credit is poised to grow ~13% this fiscal, d ...Read More >

Mumbai, Apr 7 (PTI) Air India CEO and Managing Director Campbell Wilson on Tuesday told the staff that it was the right time to hand over the reins for the airline's next phase of growth. Wilson, who has decided to resign, has been at the helm for four years since mid-2022 and will remain with the airline to ensure a smooth succession. "I am incredibly proud of what you have achieved, especially in the face of unprecedented headwinds in the form of aircraft delivery and supply chain challenges ...Read More >

The district administration has "begun prioritising migrant workers and labourers without LPG connections, who have been hit by skewed supplies", by rolling out 5 kg mini cylinders through gas distribution agencies, officials said on Sunday. Officials said any valid Aadhaar holder can purchase one mini cylinder at a time, with no requirement of a prior LPG connection or proof of permanent residency. Migrants can purchase the 5kg cylinders directly using Aadhaar identification by paying around ...Read More >

New Delhi [India], April 7 (ANI): Sona BLW Precision Forgings Ltd., known as Sona Comstar, reached a production milestone of 500 million differential gears and 10 million differential assemblies since its inception. According to a regulatory filing by Sona Comstar on Tuesday, the firm increased its global market share in differential gears to an estimated 8.7 per cent in CY25, a rise from the 4.5 per cent share recorded in 2019. Also Read | 'McDonald's Burger' Netizens React After Finding Out ...Read More >

New Delhi: Air India on Tuesday confirmed the resignation of Chief Executive Officer and Managing Director, Campbell Wilson. In an official statement, the airline said that a committee has been constituted to find the successor in the coming months. "Wilson had conveyed his intention to step down in 2026 to Air India Chairman N. Chandrasekaran in 2024 and, since then, has been working to ensure the organisation and leadership team is on a stable footing for the transition," the airline stated. ...Read More >

New Delhi [India], April 7 (ANI): Air Marshal Umesh Yalla, Air Officer Commanding in Chief of the Maintenance Command of the Indian Air Force, on Tuesday emphasised the need for indigenisation and advanced materials research in military aerospace manufacturing to reduce dependence on foreign Original Equipment Manufacturer (OEMs) and enhance India's strategic autonomy. Speaking at the CAPS-IMR Joint Seminar, Air Marshal Yalla said, "The military aerospace manufacturing industry has largely grow ...Read More >

New Delhi [India], April 7 (ANI): Air Marshal Umesh Yalla, Air Officer Commanding in Chief of the Maintenance Command of the Indian Air Force, on Tuesday emphasised the need for indigenisation and advanced materials research in military aerospace manufacturing to reduce dependence on foreign Original Equipment Manufacturer (OEMs) and enhance India's strategic autonomy. Speaking at the CAPS-IMR Joint Seminar, Air Marshal Yalla said, "The military aerospace manufacturing industry has largely grow ...Read More >

New Delhi [India], April 7 (ANI): Air Marshal Umesh Yalla, Air Officer Commanding in Chief of the Maintenance Command of the Indian Air Force, on Tuesday emphasised the need for indigenisation and advanced materials research in military aerospace manufacturing to reduce dependence on foreign Original Equipment Manufacturer (OEMs) and enhance India's strategic autonomy. Speaking at the CAPS-IMR Joint Seminar, Air Marshal Yalla said, "The military aerospace manufacturing industry has largely grow ...Read More >

She was speaking at an event organised by the NIPFP) here. ShowQuick Read Summary is AI-generated, newsroom-reviewed * India has fiscal space to support sectors hit by the West Asia crisis, says Sitharaman * She said RBI has room to cut interest rates amid global economic challenges * Monetary Policy Committee will announce interest rate stance on Wednesday, the minister said Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Finance Minister Nirmala Sitharaman on Mo ...Read More >

Aizawl: The Mizoram government on Monday said the state has adequate stocks of liquefied petroleum gas (LPG) and fuel, seeking to allay concerns over possible shortages amid the ongoing conflict in West Asia. In a statement, the Food, Civil Supplies and Consumer Affairs Department said it was monitoring supply chains to ensure there are no disruptions and urged the public not to resort to panic buying. According to official data, a total of 39,988 domestic LPG cylinders (14.2 kg) are available ...Read More >

Mumbai (Maharashtra) [India] April 7 (ANI): As the world grapples with the fallout of the West Asia conflict, Shefali Godadia, Chairperson of Deloitte South Asia, offered an alternate view point and said "Every crisis brings with it a good opportunity," emphasizing the need for India to capitalize on the current situation. Speaking on the sidelines of the CII summit, Godadia spoke to ANI and highlighted the importance of self-reliance, particularly in the energy sector, to mitigate the pressure ...Read More >

Dehradun (Uttarakhand) [India], April 7 (ANI): Pankaj Gupta, President of the Industries Association Uttarakhand (IAU), said on Tuesday that industries in Uttarakhand are facing rising input costs and disruptions in exports due to the ongoing conflict in the Middle East. Speaking exclusively to ANI, Gupta said that the situation is affecting both supply chains and production costs. "The ongoing war in the Middle East is impacting both supply and input costs. On the input side, costs have increa ...Read More >

India's ongoing Liquefied Petroleum Gas (LPG) crisis has exposed the vulnerability of the country's cooking fuel supply chain, prompting renewed calls for diversification and a stronger push toward domestic alternatives such as ethanol. The disruption stems largely from geopolitical tensions in West Asia, particularly the conflict involving Iran, which has slowed shipments passing through the strategically vital Strait of Hormuz. The narrow maritime corridor handles a major share of India's LPG ...Read More >

NEW DELHI, April 7 (Xinhua) -- Amid supply disruptions in the wake of the situation in the Middle East, India has floated a global tender seeking to import 2.5 million metric tons of urea, officials said Monday. The state-run Indian Potash Limited has already issued a tender in this regard, with bids due by April 15. India relies on global markets to meet its demand for urea. The demand for the key crop nutrient is expected to increase as the monsoon sets in and the summer-sowing season begins ...Read More >

Jaipur, Apr 6 (PTI): Adequate stocks of LPG, petrol, diesel and aviation turbine fuel (ATF) are available across Rajasthan, and supply remains uninterrupted despite pressure on global supply chains due to the conflict in West Asia, officials said on Monday. The assurance was given during a press conference organised to create awareness about the current supply situation and address consumer concerns. Addressing mediapersons, Manoj Gupta, Executive Director and State Head (Oil Industry Coordina ...Read More >

Jaipur, Apr 6 (PTI) Adequate stocks of LPG, petrol, diesel and aviation turbine fuel (ATF) are available across Rajasthan, and supply remains uninterrupted despite pressure on global supply chains due to the conflict in West Asia, officials said on Monday. The assurance was given during a press conference organised to create awareness about the current supply situation and address consumer concerns. Addressing mediapersons, Manoj Gupta, Executive Director and State Head (Oil Industry Coordinat ...Read More >

Hyderabad, April 4 (RAHNUMA): The Government of India reaffirmed strong support for the pharmaceutical sector at a high-level Chintan Shivir organized by the Department of Commerce and Pharmexcil. The inaugural session was chaired by Rajesh Agrawal, Secretary, Department of Commerce. Senior officials including the Chairman of Pharmexcil and Joint Secretary from the Department of Pharmaceuticals addressed the gathering. The Commerce Secretary, in his address, highlighted the strong growth traje ...Read More >

Mumbai, April 6: Maharashtra has witnessed a steady expansion in piped natural gas (PNG) connectivity, with total connections reaching 25.36 lakh, including 73,000 new additions in the past month, senior officials said on Monday. Anil Diggikar, Additional Chief Secretary of the Food, Civil Supplies and Consumer Protection Department, said the state government's decision to grant "deemed permission" for City Gas Distribution (CGD) pipelines is expected to further accelerate network expansion. H ...Read More >

New Delhi: The army on Monday unveiled a key "technology roadmap" outlining technical and operational requirements in the domain of unmanned aerial systems (UAS) and loitering munitions, amid the changing nature of warfare as seen in various conflicts. The nearly 50-page document, intended for industry and academia, details 30 types of UAS and loitering munitions across five categories, translating into nearly 80 variants, a senior officer said. The categories are surveillance, loitering munit ...Read More >

Aizawl, Apr 6 (PTI) The Mizoram government on Monday said it is maintaining a robust supply of LPG, and will make all efforts to ensure that there is no shortage of cooking gas. In a statement, the Food, Civil Supplies and Consumer Affairs Department said the administration is proactively monitoring and managing the supply chain to prevent any disruptions, amid the ongoing West Asia conflict. It also urged the public to remain calm, stating that there was currently no cause for panic or "panic ...Read More >

Bhopal, Apr 6 (PTI) Public sector oil marketing companies (OMCs) on Monday said they are maintaining steady and adequate supplies of LPG and automotive fuel in Madhya Pradesh despite the ongoing war in West Asia and allayed fears of shortages. Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) asserted domestic LPG supplies have been prioritised and cylinder deliveries continue as normal. IOCL Chief General Manager and its ...Read More >

New Delhi: Finance Minister Nirmala Sitharaman on Monday said fiscal prudence has given the government enough room to push capex and support sectors impacted by the West Asia crisis. Besides, she said the Reserve Bank can go in for a further rate cut to deal with the emerging situation. Highlighting the importance of a good public finance policy in challenging times, the Finance Minister said that it improves the counter-cyclical capacity, especially the ability to 'lean against the wind' in ec ...Read More >

New Delhi, Apr 6 (UNI) Delhi Chief Minister Rekha Gupta on Monday met Lieutenant Governor Taranjit Singh Sandhu to review a range of governance and public service issues, with a focus on preparedness ahead of the summer months. According to official communication, the meeting at Lok Niwas covered key concerns such as water supply, electricity management, and health services, as the city braces for rising temperatures. "During this meeting, there was an in-depth discussion on topics related to ...Read More >

New Delhi [India], April 6 (ANI): Finance Minister Nirmala Sitharaman on Monday said the global economic landscape has moved from a phase of isolated shocks to one of "permanent volatility", underlining rising uncertainty due to geopolitical tensions and economic disruptions. Addressing the Golden Jubilee event of the National Institute of Public Finance and Policy in Delhi, Sitharaman pointed to several global challenges that have reshaped the world economy in recent years. "The current year ...Read More >
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