Business
Air India among airlines skipping US airports over 5G safety dispute
Air India joined at least nine other international airlines that have modified or cancelled flights to the US amid conflicting reports on what new 5G cell phone services can do to critical airplane technologies.
Carriers are taking a variety of approaches to the spiraling crisis. Air India, Emirates, All Nippon Airways, Japan Airlines, Lufthansa and British Airways have announced changes to some of their flights.
Air India said it would suspend the service between Delhi and San Francisco, Chicago and JFK as well as a Mumbai to Newark flight. It will continue to fly into Washington Dulles.
Both ANA and Japan Airlines said they cancelled some flights scheduled to use Boeing 777 aircraft, but will operate some flights using Boeing 787s instead.
Emirates suspended flights into Boston, Chicago O’Hare, Dallas Fort Worth, George Bush Intercontinental in Houston, Miami, Newark, Orlando, San Francisco and Seattle.A
Emirates continued flying into New York’s John F. Kennedy airport, Los Angeles International and Washington Dulles.
Lufthansa cancelled a flight between Frankfurt and Miami and said it would swap Boeing 747-8 aircraft for 747-400s on flights from Frankfurt to Los Angeles, Chicago and San Francisco.
CNN Business quoted a British Airways spokesman that the airline “had to make a handful of cancellations” because a decision by telecom operators to delay activating the new 5G service at some locations didn’t cover all the airports the airline serves.
Virgin Atlantic and Air France-KLM said they had not cancelled any flights but were monitoring the situation.
Delta Air Lines said it is planning for the possibility of weather-related cancellations as early as Wednesday due to the new 5G service in the vicinity of dozens of US airports.
US air transport regulator, Federal Aviation Administration (FAA), has been concerned that the version of 5G that was scheduled to be switched on could interfere with some airplane instruments. Some aviation industry groups shared those fears. This is despite reassurances from federal telecom regulators and well as wireless carriers.
Specifically, the FAA has been worried that 5G cellular antennas near some airports – not air mobile devices – could throw off readings from some aircraft equipment designed to tell pilots how far they are from the ground.
The systems, radar altimeters, are used throughout a flight and are considered critical. (Radar altimeters differ from standard altimeters, which rely on air pressure readings and do not use radio signals to gauge altitude.)
In December, the FAA had forbidden pilots from using the potentially affected altimeters around airports where low-visibility conditions would otherwise require them.
That new rule could keep planes from getting to some airports in certain circumstances, because pilots would be unable to land using instruments alone.
“We are frustrated by the FAA’s inability to do what nearly 40 countries have done, which is to safely deploy 5G technology without disrupting aviation services, and we urge it to do so in a timely manner,” an AT&T spokesperson said.
Earlier this week, mobile carriers AT&T and Verizon agreed to pause the rollout of the new high-speed 5G wireless service near major airports.
The Biden administration welcomed the halt, saying this “will avoid potentially devastating disruptions to passenger travel, cargo operations, and our economic recovery, while allowing more than 90 per cent of wireless tower deployment to occur as scheduled.”
“While this is a positive development toward preventing widespread disruptions to flight operations, some flight restrictions may remain,” Delta said.
In a Tuesday letter, CEOs from some airlines told the Biden administration to push back the already-delayed rollout.
Airlines estimate 1,000 flight disruptions per day because of possible interference with radar altimeters that pilots use to land in low visibility conditions.
The telecom industry has not commented on the CEOs letter, but has said fears are unfounded since there have not been problems in other countries where 5G is already deployed.
According to a service map by the Federal Communications Commission (FCC), areas in California, Florida, New England, Texas and the midwest will gain 5G coverage. But aviation groups warn that it could jeopardize some of the largest airports, including in Los Angeles, New York and Houston.
The 5G signals will travel over radio frequencies that are collectively known as the C-Band. This band of airwaves is attractive to wireless carriers because it offers a good balance between cellular range and capacity – two key features of any wireless network. (Other sets of airwaves besides the C-Band are also used to carry 5G, but the current debate focuses on just the C-Band frequencies.)
On the spectrum of radio frequencies used for wireless communications, the C-Band sits right next to the band of frequencies used by the aircraft altimeters. The two are intentionally separated by a so-called guard band – essentially “blank” airwaves – to safeguard against interference.
To further address any aircraft risks, Verizon and AT&T have offered in November to limit the power of their 5G antennas and to take other precautionary measures.
But that hasn’t been enough to allay the concerns of the FAA, whose 11th-hour order would have “an enormous negative impact on the aviation industry,” the CEOs of Boeing and Airbus wrote in a letter Monday to the Department of Transportation.
The CEOs added: “We agree that 5G interference could adversely affect the ability of aircraft to safely operate.”
The letter cites an estimate published by the industry group Airlines for America, which predicts the FAA restrictions will disrupt 345,000 passenger flights, 32 million passengers and 5,400 cargo flights. The FAA’s own order estimates that 6,800 US airplanes could be affected by the plan, along with 1,800 helicopters.
Technology experts say that while 5G antennas could theoretically lead to interference around airports, the potential for interference is an ever-present feature of all wireless communications – not just 5G – and that so far regulators around the world have done a good job of handling it.
Business
India Set To Lead The World In 6G, Says Telecom Minister Jyotiraditya Scindia
In a bold declaration at the inaugural address of the Indian Mobile Congress 2024 (IMC) on Tuesday, Union Telecom Minister Jyotiraditya M. Scindia has said that India will lead the world in the adoption of 6G.
In his address at the event, Scindia emphasized that India is now prepared to lead the world in the development of 6G technology.
India’s Technological Rise: From Following to Leading
“It is our belief and commitment that India, which followed the world in 4G and marched with it in 5G, will lead the world in 6G,” Scindia stated.
The minister highlighted India’s remarkable achievements in the telecommunications sector over the last ten years, the country has become a global leader in innovation and technology.
“It’s a fundamental change in approach towards technology development,” he said, attributing this transformation to Prime Minister Narendra Modi’s leadership.
Telecom Sector Growth Under PM Modi’s Leadership
“Prime Minister who has always put people at the heart of progress Sabka Sath, Sabka Vikas Sabka Vishvas aur Sabka Prayas combined with his second motto, One Earth, One Family and One Future. It is combination of these two mottos that leads India under PM Narendra Modi leadership one of the leading sectors in the committee of Nations,” Scindia said.
Scindia underscored government’s initiatives to bridge the digital divide, particularly through the BharatNet program, the world’s largest rural broadband connectivity initiative to connect every panchayat of the nation. Over the past three years, the government has invested more than USD 10 billion and laid 7 lakh kilometres of fiber across rural India.
Digital Payments and UPI: Pillars of India’s Digital Economy
He cited staggering growth in mobile and broadband connectivity, with mobile connections rising from 94 million to 1.16 billion, and broadband users growing from 60 million to 924 million in just a decade. India’s optical fibre cable (OFC) networks has expanded from 11 million kilometers to 41 million kilometres over the last ten years, he added.
The minister further said that this growth is accompanied by the success of India’s digital payment systems, the 4G stack, and the Unified Payments Interface (UPI), which serve as pillars of India’s digital economy are expected to contribute significantly to the global digital infrastructure.
Scindia further noted that the government’s efforts to ensure that policy frameworks keep pace with the rapidly evolving digital landscape. “The recent changes to the Telecommunications act 2023 is a case in point. It has been drawing light upon hither to undressed areas such as a high potential sector of satellite communications, addressing the challenges of the digital leader. The most important being cyber security. The telecom sector much like other growth critical sectors in India is aggressive, is ambitioushe said.
“The telecom sector much like other growth critical sectors in India is aggressive, is ambitious and its outlook in our Journey from Amritkal to Shatabdikal is to lead the world,” Scindia said. By mid-next year, India will have achieved 100 per cent saturation of 4G across the entire country, covering even the most remote villages, the minister said.
He emphasised PM Modi’s vision of India as a first mover in 6G technology, underscoring the nation’s resolve to lead the world in future telecom innovations.
“The attitude put forward by the prime minister of not just embracing, but raising ourselves to becoming the first mover in the 6G technology,” he added.
Business
Indian Markets Gave Better Returns Than China In Last 5 Years, Says Sebi Member
Sebi Whole-time Member Ananth Narayan G on Monday reminded investors that Indian equities have consistently delivered 15 per cent returns over the last 5 years whereas the same has been zero or even negative in China.
Terming the Indian markets “sone pe suhaga” for delivering higher returns for lower risks, Narayan also flagged a few areas of caution for investors and asked them to be conscious of the risks.
“There’s a lot of talk about China markets over the last few days. But over the last five years, while Indian markets have given around 15 per cent compound annual growth rate consistently, Chinese markets are nowhere close to that. It’s almost zero. In fact, in some cases, like in Hong Kong, it’s actually negative,” Narayan said.
Speaking at an event marking the start of the Investor Awareness Week at NSE, Narayan said FY24 was a “remarkable” year for India, with the benchmark indices returning 28 per cent and the volatility just 10 per cent.
“That’s like ‘sone pe suhaga’. It’s like the best of all worlds: low risk and very high return,” Narayan said, underlining that there are side effects of this as well.
Making it clear that it will not be the same going forward and investors should not assume it to be a one-way street, Narayan said such handsome returns can lead to complacency and pointed to a lot of youngsters opening up demat accounts to join the bandwagon.
Educating people about risks is very important, Narayan said, giving the analogy of driving a car. “There has to be a light push on the accelerator to get more investors to provide risk capital for the economic growth, we also need to be aware of risks and use the brakes if need be.” He said that 40 per cent of the small and midcap scrips have shot up by 5 times in the last five years, because of an imbalance between inflow of investor money and supply of new paper.
On its part, the capital markets regulator is trying hard to ensure that fund-raising clearances are done early so that there is a steady stream of quality paper supply in the market.
From a broader, longer-term perspective, Indian markets will only go north from here given the economic growth prospects in the country, Narayan said, issuing specific advice to investors.
Investors need to have the right intermediaries to capitalise on this opportunity presented by India, and not fall for the unregistered and fly-by-night ‘finfluencers’ who might be driven by vested interests, he said.
Using the oft-repeated idiom of “all roads lead to Rome”, Narayan remarked that Rome is not a traveller-friendly place and one may get scammed there as well. Therefore, it is important to seek advice from the right people for the investors, he said.
He also said that it is in investors’ interests to trade less and stay invested for longer for higher returns, and added that studies prove the same.
Sebi, which has flagged certain areas like derivatives recently, is not against speculation or participants taking short-term trades, but it would want investors to understand the risks, Narayan said.
Business
Ratan Tata Rubbishes Rumors Of ‘Critical Health’; Says No Cause For Concern
Tata Group’s Ratan Tata has denied rumours of his critical health that have been reported and have surfaced in the recent hours.
Ratan Tata’s associates took to his official Instagram account to debunk the news of him being ‘Critical’.
In the post, Ratan Tata said, “I am aware of recent rumors circulating regarding my health and want to assure everyone that these claims are unfounded. I am currently undergoing medical check-ups due to my age and related medical conditions.
There is no cause for concern. I remain in good spirits and request that the public and media respect refrain from spreading misinformation.
For more than fifty years, Ratan Tata has led the Indian business community’s entrance hall. The 86-year-old has been suffering from illnesses associated with ageing. Tata has participated in social life to the best of his limited ability despite his health issues.
Recently, on the occasion of Gandhi Jayanti, on October 2, Ratan Tata, expressed his congratulations to the Prime Minister on this occasion. “I congratulate the honourable Prime Minister on the 10-year commemoration of programmes that have benefitted millions in rural India.”
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