US AVIATION INFRASTRUCTURE
Overloaded routers grounded every US flight on Friday; could it happen again over Thanksgiving?
Could overloaded FAA routers ground US Thanksgiving flights after Friday’s nationwide shutdown? A five-hour FAA ground stop exposed weaknesses in America's ageing air traffic control network. Overloaded routers and a telecommunications outage disrupted thousands of flights, causing more than 10,000 delays and 4,000 cancellations. Flights resumed after system checks, but the incident raises questions about whether the FAA can prevent another shutdown during Thanksgiving's busy travel period.
Air India flights to New York, Newark and San Francisco running on schedule despite nationwide aviation disruption
Air India successfully maintained its flight schedules between India and the United States during a recent aviation disruption. All flights to New York, Newark, and San Francisco reached their destinations on time. Departures from these US airports also operated without any major delays reported. This timely operation was despite the Federal Aviation Administration imposing a nationwide ground stop due to communication failures.
What happened to US airlines today? Over 15,000 flights cancelled after longest nationwide ground stop in 25 years
On November 14, a telecommunications failure caused the cancellation of over 2,000 flights across the United States, leading to the most extensive nationwide ground stop in a quarter-century. This event affected more than 15,000 flights, leaving many passengers stranded with long delays. Those impacted are eligible for refunds according to regulations from the US Department of Transportation.
Why US flights stopped: Ageing systems, stranded passengers and a $50 billion fix
Why were flights grounded across the US? A nationwide FAA ground stop disrupted air travel after communications failures exposed the vulnerabilities of America's ageing air traffic control system. The disruption led to hundreds of flight diversions, cancellations and delays, stranded passengers and international travel disruptions. Here's what caused the US flight shutdown, how the FAA responded, the impact on airlines and passengers, and why the government is seeking billions of dollars to modernise its air traffic control infrastructure.
US flight grounding ends after 4-hour outage, cyberattack ruled out
The FAA lifted a nationwide flight ground stop following a communication outage affecting air traffic control. Officials confirmed there was no cyberattack related to the incident or evidence of malicious activity. The disruption resulted from network equipment overload instead of total telecommunications or radar system failure.
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FAA flights grounded: 44,000 daily flights, 5,500 planes in the air, 3 million passengers a day and how US skies work
The US aviation network manages tens of thousands of flights daily through a chain of airport towers, radar facilities and regional control centres. The November 13 FAA outage exposed how dependent this network is on reliable communications and ageing technology. Here is a look at the scale of US air traffic, how controllers manage aircraft movements and the modernisation funding sought by the Trump administration.
FAA lifts nationwide ground stop over ‘telecommunications outage’ as Microsoft services remain disrupted: Was there a link? Company responds
Microsoft has denied any connection between its service disruptions and the FAA's nationwide ground stop. The FAA's ground stop was lifted after addressing a telecommunications outage affecting air travel safety. US Secretary of Transportation attributed the disruption to a communication issue in air traffic control. Officials confirmed there were no signs of a cyberattack or danger to passengers during the stop.
SpaceX to attempt first Starship spacecraft recovery on land in 15th flight
SpaceX plans to launch its Starship rocket for the 15th time to test spacecraft recovery. The mission will attempt to catch the spacecraft at the Texas launch site rather than discarding it at sea. Elon Musk envisions regular Starship launches to expand the Starlink satellite network and future AI capabilities. NASA has provided significant funding for the Starship project under the Artemis moon program.
These large-, mid- and small-cap stocks have upside potential of more than 20% in 1 year, according to analysts
The probability of a sharp, damaging downturn now appears low, and the broad direction favours the market. So, the stance should be the same as in these past few weeks: Shedding fear, but cautiously optimistic. Focus on the business under the stock you are interested in, and keep one eye on what is happening globally.
Greenjoules raises ₹150 crore in Series B funding, secures ₹100 crore TDB loan
Greenjoules has raised ₹150 crore in Series B funding from investors including Amazon’s Smbhav Venture Fund and Climate Pledge Fund, Rainmatter and Singularity, and secured another ₹100 crore loan from the government-backed Technology Development Board. The ₹250 crore financing will support a new Pune plant capable of producing 200,000 litres of biocrude a day from agricultural waste, with the company also planning to expand into sustainable aviation fuel and green hydrogen.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
The FPIs that were selling in the Indian market all these months mostly owned large-cap stocks. And as they sold them, it was that segment which bore the brunt of the selling. The same logic will operate in reverse as they start buying, focusing once again on the safer and more liquid large-cap stocks.
When wars and AI cast a shadow, India has pressed a power reset
India’s renewable energy expansion is reshaping its energy security, cutting dependence on imported coal and natural gas as wars, oil supply disruptions and AI-driven electricity demand put pressure on power markets. An International Energy Agency report says clean energy saved India over $100 billion in fuel imports between 2011 and 2025, with cumulative savings potentially reaching $240 billion by 2030.
Samvat 2083 outlook: 8 triggers that could turn Sensex, Nifty correction into a rally by next Diwali
Indian equities enter Samvat 2083 after a correction that has made valuations more attractive, but a sustained rally will depend on several triggers. Falling crude oil prices, easing inflation, an earnings recovery, FII buying, an India-US trade deal and continued domestic liquidity could shape the market's trajectory over the next year.
Nitin Gadkari says UP farmers will soon produce hydrogen from water that will run planes, cars and trains
Nitin Gadkari's hydrogen plan: Union Minister Nitin Gadkari says Uttar Pradesh farmers will soon produce hydrogen from water and agricultural waste that will power aircraft, cars and railway engines. He also highlighted ethanol production, alternative fuels and the state's potential to become an energy exporter from a net importer. The state was known as Bimaru state.
'Like a missile coming down': Private jet explodes into a fireball as it crashes in busy Florida neighborhood; see photos from the scene
On Sunday afternoon, a Learjet 60 crashed in a Florida neighborhood, killing all nine passengers on board. The plane, which took off from Austin, Texas, was en route to the Bahamas at the time of the incident. Emergency services responded quickly to the scene while hundreds of residents were evacuated from nearby trailer homes. Thunderstorms and heavy rain were reported in the area at the time of the crash.
S&P affirms Reliance Industries' 'A-' credit rating, cites Jio listing, stronger earnings
S&P Global Ratings has affirmed Reliance Industries’ (RIL) ‘A-’ long-term issuer credit rating with a stable outlook, citing resilient earnings, strong cash generation and improved funding flexibility following the listing of Jio Platforms.
For investors with a 3- to 5-year horizon: 5 mid-cap stocks from different sectors with upside potential of more than 19%
A development worth noting is that there was net FII buying in five of the last six trading sessions. But it is still tentative, and cannot be declared as a reversal of the selling trend of the past few months. While indications are that they are favouring large-cap stocks, there are bargains to be had in the mid-cap space for the discerning investor.
India needs three national carriers to compete globally, says Adani Airports CEO
Adani Airports CEO Arun Bansal emphasized the need for three national carriers to cater to India's aviation demands. He stated that strengthening domestic airlines is crucial before embracing more international competition. Passenger traffic is expected to rise, requiring robust airline ecosystems and regulatory changes. Adani Airports plans to invest significantly in infrastructure to support this growth. The company aims to expand its capacity and participate in upcoming airport privatization initiatives.
US Embassy in Saudi Arabia warns citizens of possible Houthi attacks, airport disruptions amid rising tensions
A security alert was issued by the US Embassy in Saudi Arabia regarding potential attacks and disruptions. The alert highlights recent hostilities involving Iran-backed Houthi forces targeting civilian infrastructure. Airports in Riyadh, Jeddah, and Dammam are operational, though delays and cancellations have been reported. American citizens are advised to exercise caution, especially at airports, amid rising tensions. Regulatory restrictions prohibit sharing information about missile interceptions to avoid legal issues.
Diwali investment picks 2026: 10 fund managers reveal promising opportunities and risks to watch
This Diwali, investment experts advise a strategic approach focused on asset allocation rather than luring high-growth stocks. Sectors like banking, financial services, and premium goods present promising opportunities. While gold should only occupy a small fraction of a diversified portfolio for risk management, short-duration debt funds gain favour as interest rates shift. Maintaining discipline and patience is essential for long-term investment success.
'Missile shield at Mar-a-Lago, mass burial drills': Is Trump ready?
The US military is enhancing its presence in the Middle East as tensions with Iran escalate. Preparations include reinforcing air defenses and conducting battlefield casualty exercises that have not occurred in decades. Recent reports suggest a possible military campaign against Iran could commence following the midterm elections. Despite ongoing diplomatic efforts, significant disagreements remain regarding nuclear negotiations and sanctions.
How Australia built world’s biggest battery-powered ferry
The electric ferry China Zorrilla has launched its operations between Buenos Aires and Uruguay, marking a significant milestone in eco-friendly maritime transport. This initiative showcases advancements in battery technology aimed at curbing environmental impact.
Western Sydney International Airport launches first international flight, offering 24-hour flights and global connections
The much-anticipated Western Sydney International Airport launched its international operations on October 26, marking the occasion with its first flight to Auckland. Air New Zealand will operate this connection three times a week, expanding passengers' travel options. Prime Minister Anthony Albanese highlighted the airport's significant role in creating jobs and attracting investment to the western Sydney region.
Tourism is the sector the market writes off in a downturn. Is it indicating something else? 7 stocks with upside potential of up to 27%
For years the street has believed that when the economy slows, tourism and hotels are the first to feel it. The logic: A hotel stay is not like food, medicine, electricity, or school fees. It gets cut when money is tight. But a change is visible. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
US orders some diplomats to leave Saudi Arabia as fears of escalating Houthi attacks rise
The United States has ordered some diplomats and their families to leave Saudi Arabia due to increasing tensions. This decision follows attacks by Yemen's Iran-supported Houthi rebels on critical infrastructure in Saudi Arabia. The U.S. Embassy in Riyadh has been operating under restricted staffing, and travel alerts have been issued for government personnel. Meanwhile, drone attacks in Saudi Arabia continue to create security concerns and disrupt operations.
Marco Rubio meets Adani, Tata chiefs before heading to Jamnagar for Reliance refinery visit
US Secretary of State Marco Rubio met Adani Group chairman Gautam Adani and Tata Sons chairman N Chandrasekaran in Mumbai before travelling to Jamnagar to visit Reliance Industries' oil refinery, Vantara and its planned clean-energy manufacturing complex. The visit comes as India and the US explore deeper cooperation in energy, manufacturing and technology.
ET Exclusive: Jio wants satellite broadband that connects 'every Indian home,' says Akash Ambani
Jio Platforms is preparing for its IPO while focusing on debt reduction and bolstering the balance sheet. The company plans to enhance customer engagement and revenue through digital service expansion and 5G monetization strategies. Jio is also exploring satellite connectivity opportunities to ensure broad access to digital services in India and beyond. Investment in technology and operational efficiencies remains a priority for sustainable growth.
India, Canada sign commercial deals as both aim to seal trade pact by 2026
India and Canada have signed commercial agreements aimed at strengthening trade relations and enhancing economic cooperation. Minister of International Trade Maninder Sidhu emphasized collaboration opportunities in various sectors like artificial intelligence and digital innovation. The proposed Comprehensive Economic Partnership Agreement seeks to be concluded by the end of 2026. Current bilateral trade is projected to increase significantly following these agreements.
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