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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; 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Air India Ahmedabad crash report may take a few more months to complete: sources
By Rohit Vaid · 2026-06-12 · via Economy News, Latest Economic News Today | The HinduBusinessLine

The final investigation report into the Air India AI171 crash may take another two to three months to complete , sources familiar with the probe told businessline.

“The investigation is well on track for a comprehensive report. It will be placed in the public domain following due process. Nothing will be kept in the dark,” a source close to the investigation process said.

A second source familiar with the developments said the final report is unlikely to be ready by the first anniversary of the crash (June 12, 2026) and may require another two to three months before being completed.

“Owing to the West Asia crisis, as well as other issues, the probe has faced certain challenges, but it is well on track,” the second source said.

“The relevant authorities are monitoring the process on a daily basis. However, a complete hands-off approach has been maintained since it is an independent investigation.”

Notably, these comments come as June 12 marks one year since the Air India AI171 accident, which has been described as one of the deadliest aviation disasters in recent years.

Meanwhile, some industry observers had expected that authorities could issue either a substantive update or the final investigation report around the first anniversary of the accident.

However, sources familiar with the process said there was no international obligation requiring investigators to publish their final findings exactly one year after an accident.

As per established global aviation investigation practices, agencies are encouraged to release a final report within 12 months wherever practical. 

If the inquiry remains in progress, investigators may instead provide an update on the status of the investigation and the work completed so far, sources said.

At present, sources said investigators are continuing to examine all available evidence and remain focused on ensuring that the final report is thorough, evidence-based and technically rigorous before its release.

“The effort is to ensure that all relevant aspects are examined in detail before the investigation is concluded and the final report is issued,” a source said.

To date, the Aircraft Accident Investigation Bureau (AAIB) has maintained that the inquiry into the AI171 crash remains active.

Accordingly, the exercise involves a detailed assessment of technical evidence and continued engagement with multiple parties, including aircraft manufacturers and overseas agencies, making the process both extensive and time-consuming.

Earlier, the AAIB had clarified in its preliminary report that the observations contained in the document were based on evidence available at that stage of the investigation. 

The bureau had cautioned against drawing definitive conclusions until all investigative work is completed and the final report is released. 

It had further reiterated that the purpose of the exercise is to identify safety lessons and strengthen aviation standards, rather than assign responsibility or determine liability.

The preliminary investigation report into the Air India AI171 crash has revealed that both engines of the Boeing 787-8 aircraft shut down within seconds of takeoff, leading to the fatal accident that claimed 260 lives.

The aircraft, a Boeing 787 Dreamliner operating a scheduled service from Ahmedabad to London Gatwick, crashed shortly after departing from Runway 23 at Ahmedabad’s Sardar Vallabhbhai Patel International Airport at 1.39 pm on June 12, 2025. The accident resulted in the death of 241 passengers and crew members on board, besides 19 fatalities on the ground.

According to the preliminary report released by the AAIB in July 2025, the fuel control switch had moved from the ‘RUN’ to the ‘CUTOFF’ position within seconds of the aircraft attaining its maximum recorded speed of 180 knots during takeoff.

The report had noted that the transition occurred about three seconds after the aircraft reached 180 knots, resulting in the shutdown of both engines while the aircraft was airborne.

Published on June 11, 2026