&w=3840&q=100)
Another Air India's Boeing plane faces issue, Hong Kong-Delhi flight returns after suspected technical snag
Air India plane crash: Last year, a Boeing engineer and whistleblower, Sam Salehpour, who has been with the company for over a decade, raised alarm bells, alleging that the company took shortcuts when manufacturing 787 and 777 Dreamliner models. It led to a FAA investigation. Image for Representation. Reuters
An Air India flight bound for Delhi from Hong Kong was forced to return shortly after takeoff due to a suspected technical issue. The flight AI315 was being operated by the Boeing 787-8 Dreamliner. What makes the matter concerning is the fact that earlier this month, another Boeing 787-8 Dreamliner aircraft bound for London crashed in Ahmedabad, killing 421 people onboard and 33 people on the ground.
As per reports, the plane departed from Hong Kong as scheduled but turned back mid-air after the pilot observed a possible system malfunction. The authorities noted that the plane landed safely in Hong Kong and all passengers onboard were safe.
STORY CONTINUES BELOW THIS AD
Technical teams are currently inspecting the aircraft to determine the cause of the issue.
This is a developing story.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
NDTV
2 hours ago
- NDTV
Fake App, Fake Profit: Pilot Loses Rs 3.16 Crore In Share Market Investment Fraud
Mumbai: A 56-year-old pilot was allegedly cheated of Rs 3.16 crore by cyber fraudsters under the guise of offering attractive returns in share trading, Mumbai Police said on Wednesday. The scam unfolded after the pilot watched videos on share market investments on a YouTube channel he had subscribed to. "After watching the videos in May, the pilot received a call from a woman on WhatsApp. She introduced herself as an assistant mentor and claimed to be working with SMC Global Securities," a police official said. The pilot was then added to a WhatsApp group and started receiving investment tips. After some days, the woman asked him to download the SMC Global Securities app. He subsequently invested in shares as per the tips. He deposited over Rs 3.16 crore in various bank accounts shared by the woman until July 11, the police official said. The pilot's wife had downloaded the app and found that her investment generated Rs 6.73 crore profit, while the profit in her husband's account showed Rs 15.82 crore. On July 11, the pilot, who works with Air India, contacted the company as he wanted to withdraw the money. The call was attended by an 'official' of the securities company who asked him to deposit an additional 10 per cent. The pilot realised that he was being taken for a ride and lodged a complaint with the National Cyber Crime Reporting Portal and approached West Region Cyber Police Station on July 19, the official said. Police registered a case against unidentified cyber fraudsters under relevant sections of the Bharatiya Nyay Sanhita and the Information Technology Act, he said, adding that further investigation is underway.
India.com
5 hours ago
- India.com
‘Don't Get Trapped Like Indonesia': GTRI Alarms India Against Bowing To US Trade Pressure
New Delhi: As India continues to explore a bilateral trade agreement with the United States, a prominent think tank has raised red flags about the direction of negotiations. The Global Trade Research Initiative (GTRI) has warned Indian policymakers not to fall into the same pattern as Indonesia, which recently signed what GTRI calls a 'one-sided' trade pact with Washington. In a report released on Wednesday, the GTRI described the US-Indonesia agreement as heavily skewed in favour of American interests. The group pointed to aggressive pressure tactics by the United States, warning that similar dynamics could play out in India's case unless approached with caution and long-term planning. 'The US-Indonesia trade deal offers a clear example of how intense U.S. pressure can lead to unbalanced outcomes,' the report said, stressing the importance of measured and reciprocal agreements for developing economies like India. What Indonesia Agreed To The recently signed trade pact requires Indonesia to eliminate 99% of its tariffs on U.S. goods, opening its markets to a wide range of U.S. products – from industrial and tech to agricultural commodities. The United States, in contrast, will impose a 19% tariff on Indonesian exports, down from an initially proposed 40%, but still a significant barrier. According to the GTRI, Indonesia has committed to buying $22.7 billion worth of American goods. That includes $15 billion in energy imports such as liquefied petroleum gas, crude oil and petrol; $4.5 billion in agricultural products like soybeans, wheat and cotton; and $3.2 billion allocated for Boeing aircraft. The report further states that Indonesia agreed to dismantle local content rules, which previously required foreign companies to source components locally. With those protections removed, small and medium-sized Indonesian businesses could lose out on demand from larger firms now able to directly source from abroad. Another key concern is that there are no requirements compelling U.S. companies to disclose whether their supplies come from countries like China, raising questions about transparency and economic security. Vehicle Standards, Digital Rules and Remanufactured Goods The agreement also compels Indonesia to accept American automotive safety and emissions standards. This allows U.S. carmakers to export directly into the Indonesian market without alterations. However, Indonesian auto firms will still have to comply with U.S. rules to sell in America. In addition, Jakarta has agreed to lift restrictions on remanufactured goods, which the GTRI fears could lead to an influx of cheap and second-hand machinery. That, they say, could harm local engineering and capital goods industries unable to compete with lower-cost refurbished imports. Why India Should Pay Attention According to the GTRI, the United States is looking to replicate aspects of this deal in its negotiations with India. Some of the proposals on the table include opening India's agriculture and dairy sectors, allowing genetically modified animal feed and relaxing digital trade and product standards in line with U.S. preferences. 'These are not minor adjustments, they would reshape how India manages food safety, digital privacy and local industry,' the think tank warned. U.S. President Donald Trump, who reinstated a reciprocal tariff policy in his second term, has been vocal about ensuring America gets a fair deal in trade partnerships. His administration imposed a 10% baseline tariff from April to July, following a 90-day suspension meant to give countries like India time to negotiate. He has also made clear that the United States will match any tariff imposed by another country, including India, in the name of fair trade. A key tariff deadline for India is set for August 1. High-Level Talks Underway Amid these developments, a senior delegation from India's Commerce and Industry Ministry has traveled to Washington, D.C. to continue working on a potential bilateral trade agreement. With Trump's deadline fast approaching, talks have gained urgency. The GTRI emphasised that India must ensure any final deal undergoes transparent cost-benefit analysis, especially in sensitive areas like health, food safety and intellectual property. 'India should only agree to terms that are fair and reciprocal. Concessions that favour short-term wins at the cost of long-term economic control could become liabilities down the line,' the report concluded.
Time of India
7 hours ago
- Time of India
Trump strikes tariff deal with Japan, auto stocks surge
U.S. President Donald Trump struck a trade deal with Japan that lowers tariffs on auto imports and spares Tokyo from punishing new levies on other goods in exchange for a $550 billion package of U.S.-bound investment and loans. It is the most significant of a clutch of agreements that Trump has bagged since unveiling sweeping global levies in April though, like other deals, exact details remained unclear. Explore courses from Top Institutes in Please select course: Select a Course Category Technology Public Policy Digital Marketing Management Cybersecurity Project Management Degree MCA Product Management Operations Management Data Science Leadership Data Analytics healthcare others Data Science Finance CXO Others MBA Artificial Intelligence Design Thinking PGDM Healthcare Skills you'll gain: Duration: 12 Weeks MIT xPRO CERT-MIT XPRO Building AI Prod India Starts on undefined Get Details As part of the deal, Japan will buy 100 Boeing planes and hike defense spending with U.S. firms to $17 billion annually, from $14 billion, a White House official said. Japan's auto sector, which accounts for more than a quarter of its U.S. exports, will see existing tariffs cut to 15% from levies totaling 27.5% previously. Duties that were due to come into effect on other Japanese goods from August 1 will also be cut to 15% from 25%. U.S. Treasury Secretary Scott Bessent said in an interview with Bloomberg Television that Japan received the 15% rate on auto tariffs "because they were willing to provide this innovative financing mechanism" that he did not think other countries could replicate. The announcement Tuesday evening sent Japan's benchmark Nikkei stock index climbing almost 4% to its highest in a year, led by stocks in automakers with Toyota up more than 14% and Honda nearly 11%. Live Events Wall Street opened higher on Wednesday, shoring up expectations of further agreements ahead of the fast-approaching August 1 deadline. The Dow Jones Industrial Average rose 158.7 points, or 0.36%, at the open to 44661.12. "I just signed the largest TRADE DEAL in history with Japan," Trump said in announcing the deal on social media. On Wednesday he said Japan and Indonesia were opening their markets to the U.S. "I will only lower tariffs if a country agrees to open its market," Trump wrote. Japanese Prime Minister Shigeru Ishiba, who denied reports on Wednesday that he had decided to quit following a bruising election defeat, praised the tariff agreement as "the lowest rate ever applied among countries that have a trade surplus with the U.S." Two-way trade between the two countries reached nearly $230 billion in 2024, with Japan running a trade surplus of nearly $70 billion. Japan is the fifth-largest U.S. trading partner in goods, U.S. Census Bureau data show. The U.S. investment package includes loans and guarantees from Japanese government-affiliated institutions of up to $550 billion to enable Japanese firms "to build resilient supply chains in key sectors like pharmaceuticals and semiconductors," Ishiba said. The White House official said Trump could, for example, select a semiconductor manufacturing project that would be built with Japanese funds, leased to operating companies and the resulting leasing profit split 90% to 10% between the U.S. and Japan. Tariffs on medicines and semiconductor chips will be negotiated separately, a White House official said. Japan will also buy $8 billion in agricultural and other products and boost rice purchases by 75%, the White House official said. Ishiba said the share of U.S. rice imports may increase under its existing framework but that the agreement did "not sacrifice" Japanese agriculture. Bank of Japan Deputy Governor Shinichi Uchida called the deal "very big progress" and said it reduces uncertainty over the economic outlook. Some economists had forecast the tariffs could have tipped Japan - the world's fourth-largest economy - into recession. Keidanren, Japan's biggest business lobby, welcomed the deal, saying it was a recognition of the significant contributions Japanese companies have made to the U.S. economy and society. The exuberance in financial markets spread to shares of South Korean and European carmakers, as the Japan deal stoked optimism that they could strike similar deals. U.S. automakers signaled their unhappiness with the deal, raising concerns about a trade regime that cuts tariffs on Japanese auto imports while leaving tariffs on imports from their plants and suppliers in Canada and Mexico at 25%. "Any deal that charges a lower tariff for Japanese imports with virtually no U.S. content than the tariff imposed on North American-built vehicles with high U.S. content is a bad deal for U.S. industry and U.S. auto workers," said Matt Blunt, who heads the American Automotive Policy Council, which represents General Motors Ford and Chrysler parent Stellantis . 'MISSION COMPLETE' "#Mission Complete," Japan's top trade negotiator Ryosei Akazawa wrote on X following a meeting with Trump at the White House on Tuesday. Akazawa later said the deal does not cover Japanese exports of steel and aluminum, currently subject to a 50% tariff. As part of the agreement, Japan will drop additional safety tests currently imposed on imported U.S. cars and trucks, Akazawa added, requirements that Trump has said limit sales of American-made autos there. Some last-minute negotiations over the eye-catching investment package appear to have helped seal the deal, a photo of Akazawa's meeting with Trump posted by one of his aides showed. The photo posted on X by Trump's assistant Dan Scavino, pictured the president seated opposite Akazawa with a document titled 'Japan Invest America' in front of him. A sum of "$400B" written in large letters on the document was scored out, with "$500" hand-written above it. Japan is the largest foreign investor in the United States, according to U.S. government data, with an investment position of $819 billion at the end of 2024. Trump aides are feverishly working to close trade deals ahead of the August 1 deadline that Trump has repeatedly pushed back under pressure from markets and intense lobbying by industry. By that date, countries are set to face steep new tariffs beyond those Trump has already imposed since taking office in January. Trump has announced framework agreements with Britain, Vietnam, Indonesia and paused a tit-for-tat tariff battle with China, though details are still to be worked out with all of those countries. At the White House, Trump said negotiators from the European Union would be in Washington on Wednesday.
