The plane carrying 242 people, including 169 Indian nationals and 53 Britons, hit a residential area, with some on the ground also feared dead.

The Tata Group, which bought the airline three years ago, has been trying to improve operations at a time of great change in India’s aviation market.

India’s inflation eased further in May, marking a seventh consecutive monthly decline and validating the central bank’s unexpectedly large interest rate cut last week.

Financial institutions like HDFC Bank, ICICI Bank and Axis Bank make up more than a third of India’s 70 companies on the Global 2000.

Narendra Modi, the prime minister, wants the country to lead in AI and insists that any global progress in the field is incomplete without India. In February Ashwini Vaishnaw, the minister in charge of technology,