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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
FedEx completes India's first intra-city drone delivery f...
By Bloomberg · 2026-04-21 · via Economy News, Latest Economic News Today | The HinduBusinessLine
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g | Photo Credit: PAUL YEUNG

Express transportation firm Federal Express Corporation (FedEx) on Tuesday said it has completed India's first intra-city drone delivery flight trials in Bengaluru in collaboration with IIT-Madras.

The trials were conducted under the research framework of the FedEx SMART Centre at IIT Madras, FedEx said in a statement.

Through detailed analysis of aerial corridors, the centre established that a 53-km road journey, which typically takes over 60 minutes, can be replaced by an aerial route of 39-42 km.

During the trials, this reduced one-way transit time to nearly 21 minutes - demonstrating the potential for step-change improvements in time-critical logistics, it said.

The flight path involved coordinated navigation through Airport Yellow and Red Zones, with all necessary permissions granted by the Directorate General of Civil Aviation.

"This milestone reflects the FedEx SMART Centre's broader research agenda across air cargo optimisation, electric vehicle integration, and advanced demand forecasting," said Nitin Navneet Tatiwala, vice president of marketing, customer experience, and air network for Middle East, Indian Subcontinent, and Africa (MEISA) at FedEx Together, these efforts are focused on shaping future-ready, resilient and sustainable supply chain ecosystems in partnership with academia, industry and policymakers, he added.

Published on April 21, 2026