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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14 India’s economic growth journey huge opportunity for international partners: Kwatra From diesel to daylight: How government solar schemes are powering India’s farmers The next energy leap: Replicating ethanol’s success in diesel Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Windfall levy on export bound diesel, ATF raised India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Central Railway to run four special local trains for Ambedkar Jayanti Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Agtech marketing in the age of regional content and creator communities Rajnath Singh, Nitin Gadkari to join 3-day agri event at Shivraj’s home turf, inaugurated today How agripreneurship will drive improved rural livelihoods in India World’s largest tur producer, yet an importer: A self-sufficiency puzzle unfolding on ground Ethanol in diesel generators: India’s next practical step towards energy security How sustainable sourcing can unlock value in India’s agri-value chains West Asia Crisis: Induction cooking may consume 13-27 GW power Govt defers power plant maintenance for three months; ready for summer demand Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India’s textile and garments exports to the US declined 28.7% in February 2026 Why India’s ₹5 pack won’t disappear, but getting smaller West Asia conflict: LPG usage at 21-month low in March E-way bill generation surged all time high of over 14 crore in March Cotton prices firm up tracking global prices Corn prices poised to fall on Iran-US ceasefire pact Air India at critical stage of transformation: Tata Sons Chairman FYL91 commences new flights to Hyderabad, Rajahmundry and Vijayawada Telangana’s GST revenue up 15% in last 3 months ASMS launches agri-commerce network AYOU in Hyderabad Ladakh turns to apricot blossoms to stretch short tourism season Govt proposes overhaul of company incorporation rules to cut paperwork, enable risk-based checks HAL delivers 4 helicopters to Coast Guard Charter services operators urge review of ATF pricing Structural gaps affect growth of India’s high-value horticulture sector: Report Rubio set to visit India in May to discuss trade, tariffs, defence, Quad DGFT rolls out procedure for allocation of calcined coke Qatar vows to remain reliable energy supplier to India amid West Asia tensions Gadkari bats for 100% land acquisition before approving NH projects India must rethink West Asia energy reliance after biggest shock in decades, says ONGC chief Sumeet SSG partners Pinnacle Industries to strengthen Maharashtra’s EMS fleet Consumer durables growth muted as demand slows, margins shrink: HDFC Securities March 2026 was the fourth-warmest month on record, says European weather agency India relaxes rice exports norms to some European countries Unseasonal rains damage rabi crops on 2.49 lakh ha, wheat most affected: Agri Minister ADB projects 6.9% growth rate for current fiscal, 70 bps lower than FY26 India-UK FTA likely by May 1; 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Air India crash probe faces questions over evidence and investigation gaps
By Avinash Nair · 2026-06-11 · via Economy News, Latest Economic News Today | The HinduBusinessLine
Federation of Indian Pilots questioned the delayed interview of the lone survivor, the handling of black box analysis, and the involvement of independent aviation experts. It urged investigators to prioritise accuracy and transparency over timelines before releasing any final findings.

Federation of Indian Pilots questioned the delayed interview of the lone survivor, the handling of black box analysis, and the involvement of independent aviation experts. It urged investigators to prioritise accuracy and transparency over timelines before releasing any final findings. | Photo Credit: VIJAY SONEJI

A year after the Air India Boeing 787 crash in Ahmedabad claimed 260 lives, India’s pilots’ body has questioned the fairness and direction of the investigation, alleging that key evidence is not being followed and lapses in the probe are fueling speculation instead of closure. The Federation of Indian Pilots (FIP) on Thursday said critical questions surrounding the disaster remain unanswered, citing “investigative gaps” ranging from the delayed examination of the sole survivor to concerns over the handling of technical evidence.

Concerns over evidence handling and delayed survivor interview

According to FIP President Captain CS Randhawa, Vishwash Kumar Ramesh, the lone survivor of the crash, was formally interviewed by investigators only about 10 months after the accident. The federation has also questioned whether all available technical evidence, including aircraft communication messages transmitted before departure, has been adequately examined and whether sufficient independent aviation experts have been involved in the probe.

“We are almost completing one year and there is still no conclusion. We have been unable to investigate a flight that crashed seconds after take-off. So much time and effort has gone into the probe, yet there is no finality. Investigators are expected to share a draft report 30-60 days before the final report, but till date no draft has been circulated,” Randhawa said during an interaction with mediapersons in Ahmedabad on Thursday. He also questioned the decision to send the aircraft’s two black boxes to the United States for analysis, alleging that it contradicted claims that India possessed the capability to decode and examine the flight recorders domestically.

“We have informed the ministry that this is not a fair investigation that is happening and time and again things are being done in an inappropriate manner, which is leading to speculation and investigations are not proceeding as per the evidence given,” the FIP president said, adding that the probe into the Air India flight from Ahmedabad that crashed en route to London had killed 260 people, including 241 passengers and crew and 19 people on the ground, while 67 others were seriously injured and one passenger survived. He further said that Federation of Indian Pilots (FIP) officials will meet the families of those killed in the crash on Friday.

Questions raised over technical findings

The pilots’ body has also alleged that ACARS (Aircraft Communications Addressing and Reporting System) messages transmitted by the aircraft shortly before departure have not been adequately addressed in the preliminary findings. According to Randhawa, several messages were sent approximately 15 minutes before take-off, but there was no mention in the preliminary report. Another concern flagged by the federation concerns the composition of the investigation team. Randhawa alleged that the inquiry has not sufficiently relied on independent subject-matter experts, despite the technical complexity of the crash, and questioned the presence of officials from the aviation regulator on the investigation board.

FIP has also questioned what it describes as the premature exclusion of possible technical and maintenance-related factors. The federation argues that the preliminary report appeared to rule out the role of Boeing, engine maker GE, aerospace supplier Honeywell and Air India before the investigation had fully progressed.

FIP seeks deeper probe into aircraft systems

The pilots’ body further maintains that the Boeing 787 aircraft type has witnessed several electrical-system-related incidents globally over the years, including issues involving batteries, deployment of the Ram Air Turbine (RAT), and water ingress into electronic compartments, which it believes warrant deeper examination.

Randhawa also cautioned against releasing any interim findings before investigators reach a definitive conclusion. “An interim report at this stage will only add to confusion and fuel further speculation,” he said, adding that the Federation of Indian Pilots has urged both the government and the AIIB to refrain from issuing a partial report. “If investigators need more time to establish the facts, the final report can be delayed. Accuracy is more important than meeting a timeline,” he said.

The federation said it has written more than 20 letters to the Aircraft Accident Investigation Bureau (AAIB) and the Civil Aviation Ministry over the past year and has recently begun marking its representations to the Prime Minister’s Office.

Published on June 11, 2026