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DGCA Issues Show-Cause Notice to Akasa Airlines  for Regulatory Breaches The Directorate General of Civil Aviation (DGCA), India's apex body for aviation safety and regulatory oversight, has taken serious action against Akasa Airlines. Following a rigorous spot audit, the DGCA issued a show-cause notice to the airline, citing significant regulatory violations. This move underscores the DGCA's commitment to maintaining the highest standards of aviation safety and compliance in India. Findings from the DGCA Audit The DGCA’s recent spot audit of Akasa Airlines revealed that the airline had conducted practical training sessions without obtaining the necessary regulatory approvals. This lapse is particularly concerning as it raises questions about the adequacy of the airline's training programs and overall operational readiness. Training sessions, especially those involving practical simulations, are crucial for ensuring that crew members are fully prepared for all scenarios the...

Supreme Court Issues Notice to Centre and FSSAI on Overuse of Pesticides in Food The Supreme Court of India has sought a response from the Centre and the Food Safety and Standards Authority of India (FSSAI) regarding a plea raising concerns about the overuse of pesticides and other chemical insecticides in food crops and food items. This significant move comes as the country grapples with increasing health issues linked to the consumption of pesticide-laden foods. Bench and Ministries Involved A bench led by Chief Justice of India DY Chandrachud, along with Justices JB Pardiwala and Manoj Misra, issued notices to several key ministries: - Ministry of Environment, Forest and Climate Change - Ministry of Health and Family Welfare - Ministry of Agriculture - FSSAI The Petition and Its Claims The petition, filed by environmentalist and lawyer Akash Vashishtha, highlights the alarming health risks associated with the widespread use of pesticides and chemical insecticides on food crops. Vas...

Air India Express Faces Flight Disruption as Crew Members Call in Sick Concerns Arise as 70 Flights Canceled or Delayed Air India Express, the low-cost subsidiary of Air India, encountered significant disruptions in its flight operations on Wednesday as more than 70 flights, both international and domestic, were canceled or delayed due to senior crew members calling in sick. The sudden shortage of crew members has raised concerns within the Ministry of Civil Aviation, prompting close monitoring of the situation. Operational Challenges Highlighted The disruptions began on Tuesday night and continued into Wednesday morning, leading to grounded flights and affecting scheduled operations on various routes. Civil Aviation authorities are actively investigating the matter, particularly as some senior crew members reportedly switched off their mobile phones just before flight operations, citing health issues. Apology Issued to Affected Passengers In response to the situation, Air India Expres...

Foreign Portfolio Investors Resume Buying Streak in Indian Stock Market Foreign portfolio investors (FPIs) have once again emerged as net buyers in the Indian stock market, signaling renewed confidence in the country's economic outlook. Data from the National Securities Depository Limited (NSDL) indicates that FPIs purchased equities worth Rs 1,156 crore in India until May 3. Factors Driving FPI Sentiment The shift in FPI sentiment follows a brief period in April when geopolitical tensions in the Middle East led FPIs to become net sellers in Indian stocks. Despite being net buyers until mid-April, FPIs cumulatively sold stocks worth Rs 8,671 crore by the end of the month. "The market is currently at record highs, driven by a pre-election rally. Although not as robust as in the past, FPI activity is closely tied to changes in US bond yields. If US bond yields decline and the Indian economy and markets continue to perform well, FPIs are likely to become more aggressive buyers,...