Indian benchmark indices, Sensex and Nifty, saw an early rebound after significant losses, driven by value buying, though elevated oil prices and anticipation of the US Federal Reserve's policy decision tempered gains. Track Sensex, Nifty on September 16.
Indian benchmark indices, Sensex and Nifty, closed nearly flat on Thursday, influenced by the US Federal Reserve's interest rate hike and indications of further monetary tightening. Despite some intraday gains, caution prevailed, with foreign institutional investors continuing to offload equities. Meanwhile, the National Stock Exchange of India's (NSE) mega initial public offering opened for subscription, garnering 39 per cent subscription on its first day.
The Central Industrial Security Force (CISF) has signed an MoU with the Drone Federation of India (DFI) to enhance its counter-drone capabilities. This partnership aims to strengthen security at vital installations like airports, nuclear facilities, and oil refineries by fostering engagement with Indian drone startups and technology companies for capacity building, research, and operational readiness against aerial threats.
Six individuals, including the alleged mastermind and a website developer, have been arrested for operating a sophisticated fake airline job racket. The fraudsters used social media ads and fake websites to solicit fees for aviation diplomas, promising jobs at Indira Gandhi International Airport, and duped numerous job seekers before being caught.
The University of Sheffield has announced a major milestone in the push for greener aviation as it produces its first report from testing a new sustainable aviation fuel (SAF). The research is helping support the faster rollout of low-carbon jet fuels.
The Tata Sons board has voted to reappoint N Chandrasekaran as chairman for a third five-year term, a decision influenced by the Reserve Bank of India's rejection of the company's application to surrender its NBFC registration, which revives the prospect of a stock market listing.
Indian benchmark indices, Sensex and Nifty, experienced a significant downturn, with Sensex tanking 778 points and Nifty closing at a five-month low, driven by surging crude oil prices, geopolitical tensions, and fears of further interest rate hikes by major central banks.
Adani Group-operated Mumbai International Airport (MIAL) is set to begin demolishing a section of its nearly 80-year-old Terminal 1 from January 15, 2027, as part of a major redevelopment plan. This initiative involves redistributing air traffic from T1 to Terminal 2 and the Navi Mumbai International Airport, with significant shifts planned for international and domestic flights starting October 1 and October 25, respectively.
Flash floods in Tibet's Gyirong County, near the China-Nepal border, have resulted in five deaths and 558 missing individuals, including 260 foreign nationals. The disaster also caused significant casualties in Nepal and disrupted infrastructure. Rescue operations are underway, and concerns are rising over a newly formed barrier lake that poses a risk of further flooding.
Devastating flash floods near the Tibet-Nepal border have led to the evacuation of over 1,000 people, including tourists, from Gyirong County. The floods caused casualties in both Tibet and Nepal, disrupted infrastructure, and prompted a Level-IV alert due to a rapidly forming barrier lake with a high risk of breaching and causing further downstream flooding.
Indian benchmark indices, Sensex and Nifty, traded flat in early deals due to elevated crude oil prices exceeding USD 100 per barrel and persistent geopolitical tensions, which subdued investor risk appetite.
A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.
The Federation of Indian Pilots has requested the DGCA to increase random drug testing for pilots, aiming to enhance aviation safety.
The Airports Economic Regulatory Authority (AERA) has waived landing charges for international flights at the Navi Mumbai International Airport for one year, with phased discounts for subsequent years. This move aims to incentivise airlines to establish new international routes from the airport, modifying previous criteria that linked waivers to the broader Mumbai Metropolitan Region.
The Mumbai-Delhi air route, the country's largest and most lucrative, is witnessing an intense battle for supremacy between IndiGo and the Air India group, with Akasa Air emerging as a significant third player, according to recent data.
Passenger traffic Y-o-Y fell 26.8 per cent in April and 24.6 per cent in May, while capacity declined 9.6 per cent and 11.3 per cent, respectively.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a bearish trend in global equities, as escalating conflict in West Asia drove up crude oil prices and intensified investor concerns.
An Air India Airbus A320 experienced a near-simultaneous loss of all three hydraulic systems at 36,000 feet on a Phuket-Delhi flight, injuring 24 people. The pilot-in-command was subsequently terminated after testing positive for banned psychoactive substances, though the AAIB has not linked this to the technical failure.
An Air India Airbus A320 experienced a near-simultaneous loss of all three hydraulic systems mid-flight, causing an altitude upset and injuring 24 people. A preliminary investigation revealed the pilot-in-command tested positive for a psychoactive substance post-flight, leading to their termination, while the technical aspects of the incident are still under scrutiny.
The pilot-in-command of an Air India Phuket-Delhi flight that experienced a sudden 300-foot altitude drop last week has tested positive for a psychoactive substance, identified by sources as marijuana, in a confirmatory test. This development comes as Civil Aviation Minister K Rammohan Naidu met with Air India executives to discuss the serious incident, which left 24 people injured.
Indian stock market benchmark indices Sensex and Nifty recorded their second consecutive day of decline, with the Sensex dropping 555.23 points and the Nifty falling 144.05 points, primarily due to rising crude oil prices and ongoing US-Iran hostilities in West Asia.
SkyHop Aviation has partnered with Norwegian firm NOEMI Aerospace to explore deploying electric seaplanes in India and South Asia, aiming to enhance regional air connectivity. The collaboration includes evaluating NOEMI's aircraft for SkyHop's fleet, with plans to induct up to 10 by FY2030, and exploring manufacturing opportunities in India.
'The way the government behaves, sometimes I ask myself: Are not Tamils Sri Lankans too? Why do you discriminate so much?'
'The Aravalli engine will power HAL's upcoming 13-tonne Indian Multi-Role Helicopter and its naval variant, the Deck-Based Multi-Role Helicopter.'
Indian benchmark indices, Sensex and Nifty, recovered intraday losses to close higher, driven by late-day buying and a significant decline in Brent crude oil prices, which fell 3 per cent to USD 89.32 per barrel.
Nagaland Governor Nand Kishore Yadav has advocated for increased use of technology, especially drones and geospatial systems, to enhance governance and create employment opportunities for the state's youth. During his visit to the Nagaland GIS and Remote Sensing Centre and Drone Centre of Excellence, he highlighted the broad applications of drone technology and the importance of skill development. The centre is actively training youth in various drone-related courses, aiming to meet the demand for drone pilots in the Northeast.
=The investigation is examining the circumstances surrounding the aircraft's sudden altitude variation and the actions of the flight crew.
The pilots testing positive have been removed from duty, with their samples sent for confirmatory testing.
The Airports Authority of India has received a request for a waiver from contractual restrictions that prevent airport concessionaires and their group entities from holding equity in scheduled airlines, Minister of State for Civil Aviation Murlidhar Mohol confirmed in the Rajya Sabha. This comes amid reports of the Adani group's interest in the airline business, despite their denial.
Ahead of President Vladimir Putin's visit to India for the BRICS summit, Russia has expressed support for New Delhi's peace initiatives to resolve the Ukraine conflict. Discussions between Putin and PM Modi will cover defence, energy, technology, and the repatriation of Indian nationals from the Russian military, alongside addressing trade and investment ties.
The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.
Prime Minister Narendra Modi announced a new target of creating six crore 'Lakhpati Didis' to empower women and transform the rural economy. He highlighted the success of the existing initiative and the growing contribution of women in various sectors, from defence to technology.
Air India and Air India Express are implementing mandatory psychoactive substance testing for all their 5,000+ pilots. This decision follows an incident where the pilot of a Phuket-Delhi flight, which experienced a sudden altitude drop injuring 24 people, tested positive for marijuana. The testing aims to enhance safety standards and reassure passengers.
China has cancelled drone shows and suspended drone flights across several provinces following a small plane crash in Beijing that raised significant security concerns, especially near top leadership compounds. This move signals a tightening of low-altitude aviation regulations, impacting the burgeoning "low-altitude economy" and civilian drone use, with new laws classifying illegal drone use as a public security threat.
Indian benchmark indices, Sensex and Nifty, closed marginally lower due to elevated crude oil prices, fresh US-Iran tensions, and expectations of a tighter monetary policy from the US Federal Reserve, despite strong domestic GDP growth.
The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.
The Delhi High Court has dismissed a Public Interest Litigation (PIL) challenging the closure of Visakhapatnam Airport for commercial flights, directing the petitioner to approach the Andhra Pradesh High Court instead. The court cited "forum non conveniens," stating that the primary impact and cause of action lie in Visakhapatnam, where a similar PIL is already pending. The petitioner argued that the decision to close the existing airport for 30 years, transferring operations to a new airport 60 km away, was arbitrary and wasted public funds.
On January 28 this year, a private charter plane carrying then Deputy Chief Minister Ajit Pawar and four others crashed near the Baramati airstrip, killing all on board.
Mumbai-based TCR Engineering Services has become the first independent company in India to receive Nadcap accreditation for materials testing at its Navi Mumbai and Vadodara laboratories, a crucial step for Indian suppliers to enter the global aerospace supply chain.
Domestic air passenger traffic in India decreased by 4.80 per cent in July 2026 compared to the previous year, reaching 1.20 crore, with major airlines experiencing a drop in load factor, according to DGCA data. Despite the overall dip, IndiGo and Air India Group increased their market share.
