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GMR Aero Technic, a leading airframe Maintenance, Repair and Overhaul (MRO) organization in India, has announced a three-year agreement with Akasa Air for base maintenance support of its Boeing 737 MAX fleet. The partnership will see GMR Aero Technic conduct scheduled maintenance checks at its advanced MRO facility within the GMR Aerospace & Industrial Park. This collaboration highlights Akasa Air's commitment to maintaining a modern and reliable fleet, while also reinforcing GMR Aero Technic's reputation as a trusted partner for India's airlines amid a growing MRO ecosystem. Ashok Gopinath, President of GMR Aero Technic, expressed enthusiasm for the partnership, emphasizing the confidence airlines place in their technical expertise. Meanwhile, Akasa Air's COO, Belson Coutinho, noted that the collaboration aligns with their focus on safety and reliability as they expand, further supporting the development of India's MRO sector. 
Published: Jul 07 2025, 2 pmeznews.inIn a bid to enhance environmental sustainability and women's empowerment, Telangana Chief Minister A. Revanth Reddy announced ambitious initiatives during the launch of 'Vana Mahotsavam 2025' at PJT Agricultural University. The government aims to plant 18 crore saplings, encouraging citizens to plant in honor of their mothers and children, emphasizing the importance of nurturing nature. Reddy also outlined plans to empower women, committing to allocate 60 party tickets to women in the upcoming Assembly elections and highlighting various initiatives, including the establishment of solar plants, government schools for girls, and a substantial ₹21,000 crore in loans for women’s groups this year. Additionally, the government is facilitating free RTC bus travel for women and leasing 1,000 buses to women entrepreneurs. Reddy reiterated his vision of creating one crore women millionaires, aiming to expand self-help groups into urban areas, ensuring women lead dignified lives under the Indiramma regime.
Published: Jul 07 2025, 4 pmeznews.inParts of central Madhya Pradesh and adjoining Maharashtra are expected to experience the highest rainfall this week, as forecasted by the European Centre for Medium-Range Forecasts. Heavy rainfall is also anticipated across North-West India, with the India Meteorological Department (IMD) indicating increased precipitation in central Andhra Pradesh, Telangana, and northern Maharashtra due to favorable atmospheric conditions. A persistent low-pressure area over south-west West Bengal, coupled with a cyclonic circulation, is set to move through Jharkhand and north Chhattisgarh. Recent reports show extremely heavy rain in East Madhya Pradesh and Chhattisgarh, while other regions, including Odisha and Uttarakhand, also received significant rainfall. Despite surplus rainfall in North-West and Central India, the South Peninsula faces a deficit, particularly in Rayalaseema, which is at -32 percent. A fresh wave of rainfall is anticipated, potentially benefiting several rain-deficit areas in the coming week.
Published: Jul 07 2025, 6 pmeznews.inThe Indian Finance and Corporate Affairs Ministries are set to introduce four significant bills during the Monsoon Session of Parliament, commencing on July 21 and concluding on August 21. These include the Income Tax Bill, which will be redrafted following recommendations from a Select Committee, aiming to simplify the tax framework and enhance the taxpayer experience, with implementation expected by April 1, 2026. Additionally, the Insurance Bill seeks to amend the Insurance Act of 1938, raising the foreign direct investment limit to 100% while ensuring safeguards for Indian policyholders. A bill to ban unregulated lending activities will impose severe penalties, including jail terms, for offenders, while the Insolvency and Bankruptcy Code Amendment Bill will clarify that prior approval from the Competition Commission of India is not needed for corporate insolvency bids. These legislative moves are part of broader efforts to streamline regulations and foster economic growth.
Published: Jul 07 2025, 6 pmeznews.inUnion Defence Minister Rajnath Singh inaugurated the Controllers’ Conference 2025 at the DRDO Bhawan in New Delhi, emphasizing the need for significant reforms within the Department of Defence Accounts (DAD). Singh urged the DAD to prioritize swift, error-free decision-making and adopt transparent systems, positioning themselves as facilitators of state funds rather than mere controllers. He highlighted the evolving role of defence budgets as growth drivers in the national economy and called for the integration of defence economics into planning and assessments. Singh stressed the importance of internal reforms through self-evaluation, rather than relying solely on external audits, to enhance operational readiness and financial agility. He also noted the successful procurement of goods via the Government e-Marketplace, urging officials to maximize its use for transparency. The Minister reaffirmed the government's commitment to advancing indigenous defence manufacturing capabilities, advocating for faceless, time-bound payment systems to attract private sector participation.
Published: Jul 07 2025, 6 pmeznews.inHyderabad-based start-up Delta Things Private Limited has partnered with scientists from the Prof. Jayashankar Telangana State Agricultural University (PJTSAU) to create the iTrapper, an innovative light trap aimed at combating insect infestations, particularly the pink bollworm. Unlike traditional traps that harm beneficial insects and operate for limited hours, the iTrapper uses a specialized multiwavelength LED bulb and an integrated microcontroller to selectively attract and eliminate harmful pests while preserving beneficial species. The device is programmed to activate during specific times when targeted pests are active, ensuring ecological balance. Delta Things has sold over 15,000 units, generating approximately ₹50 lakhs in revenue, and is developing an advanced export variant with features like Bluetooth connectivity and cloud integration. The company is also collaborating with Germany’s Fraunhofer Heinrich Hertz Institute to validate the iTrapper's effectiveness and explore new applications, including attracting Mayflies for fish feed.
Published: Jul 07 2025, 6 pmeznews.inGMR Aero Technic has entered into a three-year agreement with Akasa Air to provide base maintenance support for its Boeing 737 MAX fleet. The maintenance checks will be conducted at GMR Aero Technic's facility within the GMR Aerospace & Industrial Park in Hyderabad. Ashok Gopinath, President & Accountable Manager of GMR Aero Technic, emphasized that the partnership underscores their reputation as a reliable MRO provider and their ability to adapt to the evolving aviation sector. Meanwhile, Belson Coutinho, Co-Founder and COO of Akasa Air, highlighted that this collaboration aligns with their commitment to uphold high technical standards as the airline expands, while also supporting the burgeoning MRO ecosystem in India. The agreement marks a significant step in enhancing operational efficiency for Akasa Air as it scales its operations.
Published: Jul 07 2025, 3 pmeznews.inExperts at a road safety seminar on Monday advocated for dedicated lanes for two-wheelers and stricter law enforcement to reduce accidents in India, which has the highest road fatalities globally. Rohit Baluja, President of the Institute of Road Traffic Education (IRTE), emphasized the need for separate lanes to enhance rider safety, as two-wheelers are among the most vulnerable road users. He called for India to develop its own vehicular safety systems rather than imitating foreign models. Prashant K Banerjee, Executive Director of the Society of Indian Automobile Manufacturers (SIAM), highlighted the lack of comprehensive enforcement and consumer awareness regarding safety features, despite advancements in passenger vehicle safety. K K Kapila, former president of the International Road Federation, underscored the importance of implementing safety technologies like ABS brakes and mandatory airbags for two-wheelers, which make up 74% of the country's traffic yet remain overlooked in infrastructure planning.
Published: Jul 07 2025, 4 pmeznews.inAs the cost of living escalates, urban professionals in India face a pressing dilemma: remain in their current roles or seek better-paying opportunities. A recent report by ACCA reveals that 65% of employees are dissatisfied with their compensation, with nearly half believing that leaving their job is the only way to secure a pay increase. This trend spans various sectors, including finance and technology, where wage stagnation has prompted many to explore positions in fintech and global capability centers. The pressure is felt across the workforce, with 35-40% of exit interviews citing cost-of-living challenges as a primary reason for attrition. As companies adapt to these dynamics, salary transparency is becoming crucial, with job postings including pay information doubling in recent years. Looking ahead, average salary increments are projected at 8.8% for 2025, with the most competitive hikes anticipated in energy and infrastructure sectors.
Published: Jul 07 2025, 4 pmeznews.inThe Delhi High Court has rejected a plea from Turkey-based Celebi Airport Services India to overturn the revocation of its security clearance, a decision made by the Indian government citing national security concerns. The clearance was cancelled following Turkey's support for Pakistan during a military conflict with India in May, which angered many in India. Celebi argued that the cancellation would jeopardize 3,791 jobs and undermine investor confidence, claiming the decision was made without prior warning. However, the court upheld the government's stance, emphasizing that national security can take precedence over procedural fairness. Solicitor General Tushar Mehta highlighted the sensitive nature of airport ground operations, which involve access to critical infrastructure and passenger information. Celebi has not yet commented on the court's ruling, and further details from the proceedings are anticipated.
Published: Jul 07 2025, 3 pmeznews.inIn June 2025, the Federation of Automobile Dealers Associations (FADA) reported a significant surge in the Electric Vehicle (EV) market, with sales nearly doubling year-on-year, as 5 out of every 100 passenger vehicles sold were EVs, up from 2 the previous year. Despite this growth, overall vehicle sales saw a decline due to financing challenges and supply shortages, although demand was bolstered by seasonal festivities. The two-wheeler EV segment also experienced a rise, increasing from 6.07% to 7.28% month-on-month. FADA remains cautiously optimistic about the auto retail sector, anticipating a boost from increased government capital expenditure focused on infrastructure and green energy projects. While overall sales volumes fell by 9.44% month-on-month, the Construction Equipment segment soared by nearly 55% year-on-year, indicating strong demand driven by early deliveries and a favorable monsoon forecast, which is expected to enhance rural liquidity and stimulate further growth in the sector.
Published: Jul 07 2025, 2 pm
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