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.
Tewolde Gebremariam, a seasoned aviation professional with extensive experience at Ethiopian Airlines, has been named the new Chief Executive Officer and Managing Director of Air India. He is tasked with leading the airline's ambitious five-year transformation plan, Vihaan.AI, aimed at achieving significant growth and profitability, marking him as the second foreign national to helm Air India under Tata Group ownership.
Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to renewed tensions in West Asia, which led to a rebound in crude oil prices, coupled with weak global market trends and foreign fund outflows.
Indian benchmark indices Sensex and Nifty closed lower, with the Nifty recording its fourth consecutive day of decline, primarily due to elevated oil prices and ongoing geopolitical tensions between the US and Iran, which dampened investor sentiment.
An Air India flight from Phuket to Delhi experienced a sudden loss of altitude, leading to injuries and prompting a psychoactive substance screening for the pilot-in-command, with confirmatory test results now awaited.
Willie Walsh, former IATA Director General and CEO of British Airways, has officially taken charge as the CEO of IndiGo, India's largest airline, with a mandate to drive global expansion and operational excellence.
A massive mudslide near the China-Nepal border in Tibet has left three people dead and 588 missing. Chinese President Xi Jinping has ordered all-out rescue efforts, with the PLA mobilising forces for search and relief operations in the affected Gyirong County. The Indian Embassy has also issued an advisory for stranded Indians.
Bank credit to industry in India surged by 20 per cent year-on-year in July, significantly accelerating from the previous year, driven by strong expansion in sectors like engineering, gems and jewellery, and petroleum-related industries, according to the Reserve Bank of India (RBI). However, growth in gold loans, while still expanding, saw a sharp moderation.
Tata Sons has the balance sheet to support them, for now.
Dreamfly Innovations is setting up a 40,000-sq ft aviation battery manufacturing facility in North Bengaluru with an investment of Rs 40 crore. This plant will produce advanced batteries for various drone applications, supporting India's growing drone economy and domestic drone makers.
An accidental firing incident occurred at Varanasi's Lal Bahadur Shastri International Airport when a passenger's licensed pistol discharged during security screening, injuring a female security personnel and another individual. Both injured parties have been hospitalised, and legal action is being initiated.
A massive flash flood near the China-Nepal border in Tibet has left hundreds missing and caused significant casualties. Chinese Premier Li Qiang visited the affected Gyirong Township to oversee rescue and relief operations, with the PLA mobilising forces for search and rescue.
IndiGo Managing Director Rahul Bhatia has stated that the airline has 'taken all the necessary steps' to learn from the operational disruption faced in December last year, while outlining a long-term vision focused on customer trust, international expansion, and establishing India as a global aviation hub.
Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.
GE Aerospace is utilising artificial intelligence solutions, developed by its Bengaluru team, to significantly improve aircraft engine inspection, analytics, and maintenance. These innovations have reduced turnaround times by at least five days, enhancing engine durability, reliability, and time on wing, with specific tools like the AI-enabled Blade Inspection Tool cutting inspection times by 50%.
An Air India A320 flight from Phuket to Delhi experienced a sudden 300-foot altitude drop due to multiple technical glitches, including triple hydraulic failures and autopilot disconnection, injuring 17 people. An investigation by AAIB, with assistance from French agency BEA and Airbus, is underway, while the pilot-in-command is undergoing confirmatory psychoactive substance testing.
Veteran politician Mirza Fakhrul Islam Alamgir has been sworn in as Bangladesh's 23rd President, following a contested parliamentary election that saw him defeat Colonel (retd) Oli Ahmed. Alamgir, a longtime secretary general of the ruling Bangladesh Nationalist Party (BNP), will serve a five-year term.
An Air India flight from Phuket to Delhi encountered severe mid-air turbulence, causing the aircraft to lose 300 feet in altitude. The incident resulted in injuries to 15 people, including 11 passengers and 4 cabin crew members, with one crew member sustaining severe injuries. The Directorate General of Civil Aviation is investigating the event.
Corporate leaders' half-life has shrunk over the past few decades. That is the Tata experience as well. Over 144 years till 2012, Tata Sons had just five chairmen. However, in the 15 years till 2027, the same group will see three, points out R Gopalakrishnan.
Indian benchmark equity indices, Sensex and Nifty, traded marginally higher in early deals despite cautious global cues stemming from elevated crude oil prices due to geopolitical uncertainties and a sharp fall in US markets. Track Sensex, Nifty on August 21, 2026.
Two Air India Group pilots have failed initial drug tests, with their samples sent for confirmatory analysis. This comes after mandatory psychoactive substance testing was implemented following an incident where a pilot tested positive for marijuana after a flight lost altitude.
Devastating flash floods in Nepal's Bhote Koshi River, triggered by a glacier or ice rock collapse, have resulted in 175 recovered bodies and hundreds missing, including tourists. India has promptly responded by providing 10 tons of humanitarian aid and medical supplies, with Prime Minister Narendra Modi conveying condolences and assuring full support to Nepal.
Air India has confirmed that all 13 passengers injured during severe mid-air turbulence on a Phuket-Delhi flight have been discharged from hospital. However, four crew members involved in the incident continue to receive medical treatment. The Directorate General of Civil Aviation (DGCA) is investigating the matter.
Indian benchmark indices, Sensex and Nifty, closed flat on Friday, with elevated crude oil prices due to geopolitical uncertainties and a rebound in US Treasury yields making investors cautious and preventing a decisive market rally.
Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.
GMR Aero Technic has signed a license agreement with Honeywell Aerospace to provide maintenance, repair, and overhaul (MRO) services for LEAP engine line replaceable units (LRUs). This partnership will enhance MRO capabilities for Airbus A320neo and Boeing 737 MAX aircraft in India, leveraging Honeywell's technology and GMR's infrastructure to offer efficient and cost-effective solutions for regional airlines.
Indian benchmark indices, Sensex and Nifty, saw declines in early trade, with the ongoing US-Iran standoff cited as a major factor impacting investor sentiment and raising concerns about inflationary pressures and currency volatility for oil-importing nations like India. Track Sensex, Nifty on August 14, 2026.
Indian benchmark indices Sensex and Nifty experienced declines in early trade, driven by a surge in Brent crude oil prices above USD 91 per barrel due to escalating tensions between Iran and the US, alongside an increase in US 10-year bond yields. Track Sensex, Nifty on August 18.
Indian benchmark equity indices, the Sensex and Nifty, bounced back significantly, with the Sensex climbing 628 points and the Nifty snapping its seven-day losing streak, driven by easing global bond yields and fresh foreign fund inflows.
'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'
'Improved law and order and transparent governance have helped change UP's investment image.'
Indian benchmark indices Sensex and Nifty experienced a significant decline in early trade, with the Sensex falling over 500 points and the Nifty over 150 points, as Brent crude oil prices surged past USD 100 per barrel due to escalating geopolitical tensions in the West Asia. track sensex, Nifty on July 24.
Mirza Fakhrul Islam Alamgir, secretary general of the ruling Bangladesh Nationalist Party (BNP) and a close ally of former premier Khaleda Zia, has been elected as Bangladesh's new President in the first contested poll for the post in 35 years.
Indian benchmark indices Sensex and Nifty saw declines in early trade, primarily due to elevated crude oil prices stemming from the unresolved geopolitical situation in the Strait of Hormuz. Analysts suggest that while global sentiment improved slightly after a benign US inflation report, the ongoing US-Iran standoff continues to exert pressure on domestic equities. Track Sensex, Nifty on August 13.
Indian benchmark stock indices, Sensex and Nifty, extended their winning streak to a fourth day, with Nifty surging 1.60 per cent, driven by a sharp decline in crude oil prices and renewed foreign fund inflows.
Aviation stocks experienced a significant surge following the announcement of a two-week ceasefire between the US and Iran, which led to a sharp decline in crude oil prices. This development has positively impacted stock markets and the broader economic outlook for India.
Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.
Prime Minister Narendra Modi has outlined a comprehensive plan to empower India's youth, including training one crore youngsters in artificial intelligence skills and providing free online coaching for competitive examinations, aiming to position them at the forefront of the nation's journey to become a developed nation by 2047.
A flight may be cancelled for reasons beyond an airline's control. The chaos that follows need not be, points out Air Commodore Nitin Sathe (retd).
Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.
