Foreign direct investment (FDI) in India rose 18 per cent to $35.18 billion during April-September this fiscal year, while the inflow from the US more than doubled to $6.62 billion during the first half of this fiscal, according to government data released on Monday. Foreign Direct Investment (FDI) during April-September FY24 stood at $29.79 billion.
Equity markets fell on Monday, with benchmark indices recording their worst session in over two months amid caution ahead of the US Federal Reserve's (Fed's) policy announcement and renewed uncertainty over the US-India trade deal. Sustained selling by foreign portfolio investors (FPIs) also weighed on sentiment.
The Delhi High Court agreed to hear a plea regarding mass flight cancellations by IndiGo, while the Supreme Court acknowledged the chaos as a 'serious matter'. IndiGo has cancelled 500 flights, leaving many passengers stranded.
The last rites of veteran Congress leader and former Union minister Shivraj Patil were performed with full state honours in his home district, Latur, in Maharashtra on Saturday, with many top leaders in attendance.
Ariana Afghan Airlines A310 aircraft operating flight FG-311 (Kabul-Delhi) was given clearance to land on runway 29L. However, the aircraft landed on runway 29R.
The Navi Mumbai International Airport will be inaugurated on October 8, Adani Group chairman Gautam Adani said on Wednesday. The airport, which received the aerodrome licence from aviation safety regulator DGCA on Tuesday, is being developed in multiple phases.
Taking a serious note of the situation, the civil aviation ministry said it has invoked regulatory powers to ensure fair and reasonable fares across all affected routes.
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Civil Aviation Minister K Rammohan Naidu assures a clean investigation into the Air India plane crash, dismissing concerns of manipulation. The statement follows calls for a judicial probe and criticism of selective leaks from the preliminary report.
India and China will resume direct flight services by the end of this month after a five-year gap, signaling an effort to rebuild ties strained by the border standoff in eastern Ladakh.
Returning to the Brahmaputra for Vijay Diwas was not just a journey across geography, but across memory of war, service, sacrifice, and the enduring bond between the Indian Air Force and the north east, asserts Air Commodore Nitin Sathe (retd).
The Indian stock market in the October-November period sees high trading activity due to increased consumer spending, festive demand, upbeat sentiment, renewed investor confidence, and the auspicious Muhurat trading session. This impacts many stocks and sectors in the festive season.
The Noida International Airport (NIA), being developed as a greenfield aviation hub in Jewar, Gautam Buddh Nagar, is on track to begin operations by the end of this year.
President Droupadi Murmu will take a sortie in a Rafale fighter jet in Ambala, Haryana.
Humayun Kabir, a former TMC minister, has been suspended from the party after announcing plans to lay the foundation of a "Babri Masjid-style" mosque on December 6. This move has sparked controversy and raised concerns about communal tensions in West Bengal.
'We're always looking at how we can keep improving, keep getting better, and keep learning.'
So far this year, the rupee has fallen by 4.2 per cent, the worst among its Asian peers.
Renewables sector stole the show as Andhra Pradesh bagged investments to the tune of around Rs 13.25 trillion during the three-day CII Partnership Summit in Visakhapatnam. The sector accounted for the bulk of Rs 5.33 trillion out of the memorandum of understanding (MoUs) signed during the summit.
Prime Minister Narendra Modi will host Russian President Vladimir Putin for a private dinner and summit, focusing on defence, trade, and geopolitical issues, including the Ukraine conflict and the impact of US sanctions.
One of the major concerns highlighted by the DGCA was about the fact that not all staff had completed mandatory fatigue management training.
A private jet skidded off the runway and crashed into bushes at the Mohammadabad airstrip in Farrukhabad, Uttar Pradesh. All passengers and pilots are safe.
Quarterly earnings, macroeconomic data announcements and global trends will drive the Indian stock markets in a holiday-shortened week, analysts said. Stock markets would remain closed on Wednesday for the Guru Nanak Gurpurab holiday.
The Supreme Court has raised concerns about the preliminary report on the Air India crash and has asked for a more independent and thorough investigation.
Gujarat Chief Minister Bhupendra Patel allocated portfolios following a major cabinet reshuffle, with Harsh Sanghavi becoming Deputy CM and receiving Home and Industries. New ministers, including Rivaba Jadeja, were also assigned responsibilities.
The Air India flight, en route from San Francisco to Delhi via Kolkata, made a precautionary landing at Ulaanbaatar in Mongolia after the crew suspected a technical issue mid-flight, Air India said in a post on X.
Russian President Vladimir Putin arrived in New Delhi for a two-day visit focused on strengthening ties with India, including defense cooperation and trade, amidst a changing geopolitical landscape.
An Arunachal Pradesh woman was allegedly detained at Shanghai airport for nearly 18 hours after Chinese immigration officials refused to recognise her Indian passport, claiming Arunachal Pradesh is part of China.
Air India Group expects to induct 26 wide-body and narrow-body planes, and operate 81 per cent of its international flights with upgraded aircraft by the end of 2026, while overall capacity will remain almost unchanged next year.
The victorious Indian women's cricket team led by Harmanpreet Kaur touched down in the national capital on Tuesday evening for its meeting with Prime Minister Narendra Modi on Wednesday.
The government on Tuesday announced certain incentives as part of efforts to boost maintenance, repair and overhaul activities in the country's aviation and shipping sectors. India is one of the fastest growing domestic aviation markets in the world.
Reliance Industries Ltd on Thursday said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions. Reliance is India's largest buyer of Russian oil, which it processes and turns into fuel, such as petrol and diesel, at its giant oil refining complex at Jamnagar.
India's market regulator is moving ahead to include real estate investment trusts (Reits) in benchmark indices in a phased manner, Sebi chief Tuhin Kanta Pandey said, while asserting that the regulator was working to strengthen the link between infrastructure building and the markets.
Forbes Travel Guide's second annual Verified Air Travel Awards once again spotlight the aviation stars that turn every journey into something truly remarkable.
An Air India Boeing 787-8 Dreamliner experienced an uncommanded deployment of its Ram Air Turbine (RAT) shortly before landing. The DGCA is investigating the incident, raising safety concerns.
Indian Army Aviation undertook a high-risk helicopter rescue operation in Pathankot, evacuating civilians and CRPF personnel from a building surrounded by floodwaters.
The legendary Mikoyan-Gurevich MiG-21 fighter jets, the the backbone of the Indian Air Force's combat fleet for more than six decades, streaked through Indian skies for the last time on Friday -- its final adieu edged in history and many a remembrance.
The Indian government has introduced a next-generation e-passport with enhanced security features, including an embedded RFID chip, to combat forgery and impersonation. The rollout follows successful pilot testing and implementation across India and abroad.
The enduring relationship between the two countries have survived the disintegration of the erstwhile USSR in 1991, the end of the Cold War and the regime change in both countries, points out Rup Narayan Das.
IndiGo promoter Rakesh Gangwal's family trust on Thursday sold a 1.3 per cent stake in the country's largest airline for Rs 2,933 crore through open market transactions, cumulatively offloading shares worth Rs 14,497 crore so far this year. With the latest sale, the cumulative divestment by Rakesh Gangwal, along with his wife Shobha Gangwal and their family trust -- the Chinkerpoo Family Trust -- stood at Rs 39,532.79 crore, translating to around $4.51 billion.
Prime Minister Narendra Modi inaugurated Phase 1 of the 19,650 crore (196.50 billion) Navi Mumbai International Airport, marking a major milestone in India's aviation infrastructure. Conceived as the country's largest greenfield airport project, the facility has been developed under the public-private partnership model and will function as the second international airport for the Mumbai Metropolitan Region, easing pressure on the congested Chhatrapati Shivaji Maharaj International Airport. The new airport is expected to significantly improve air connectivity for Mumbai and its adjoining regions, catalyse economic growth in Navi Mumbai and Raigad districts, and serve as a key hub for passenger and cargo traffic in western India.
