New Delhi, Dec 26: President Droupadi Murmu on Thursday presented the Pradhan Mantri Rashtriya Bal Puraskar to 17 children, recognizing their exceptional courage and outstanding achievements across diverse fields, including art, culture, sports and innovation.

The President underlined the importance of nurturing and celebrating young talents.

"Providing opportunities and recognizing children’s talents has always been a part of our tradition. This tradition should be further strengthened to ensure that every child realizes their full potential," she said.

The award celebrates extraordinary accomplishments in seven categories: art and culture, bravery, innovation, science and technology, social service, sports and environment.

The honourees -- seven boys and ten girls selected from 14 states and Union territories -- were presented with a medal, certificate and citation booklet.

Among them was Keya Hatkar, a 14-year-old author and disability advocate, recognized for her excellence in art and culture.

Despite living with spinal muscular atrophy, she founded initiatives like "IM POSSIBLE" and "SMA-ART," promoting inclusivity and disability awareness.

President Murmu highlighted the importance of honouring such talents, saying, "The tradition of recognising and nurturing children's potential has always been part of our culture. Their contributions will lead India to the pinnacle of progress."

She further emphasised the Ministry of Women and Child Development's role in sharing these stories of inspiration with the wider public.

The President also paid homage to the unparalleled sacrifices of Guru Gobind Singh's sons, commemorated as 'Veer Bal Diwas' on December 26, saying, "Their sacrifices for faith and self-respect continue to inspire countless generations. On this day, the nation bows in reverence to their bravery and spirit."

Among the other awardees was Ayaan Sajad, a 12-year-old Sufi singer from Kashmir, honoured for his soulful contributions to Kashmiri music, while 17-year-old Vyas Om Jignesh, who has cerebral palsy, was lauded for his dedication to Sanskrit literature, having memorised over 5,000 shlokas and performed in over 500 shows.

In bravery, Saurav Kumar (9) was recognised for saving three girls from drowning, and 17-year-old Ioanna Thapa was honoured for rescuing 36 residents from a fire.

"Examples of courage and patriotism in children strengthen the nation’s confidence in its future. Such acts are truly commendable," President Murmu remarked as she presented the award to the two children.

In the innovation category, 15-year-old Sindhoora Raja was awarded for creating self-stabilizing devices for Parkinson's patients, and cybersecurity entrepreneur Risheek Kumar (17) was honoured for launching Kashmir's first cybersecurity firm.

"Contributions to science, technology, and innovation by children like these show their unparalleled potential to transform lives," the President observed.

Hembati Nag, a judo player from a Naxal-affected area was awarded in the sports category. She overcame numerous challenges to win a silver medal at the Khelo India National Games.

Mentioning Nag's story, President Murmu said, "Hembati's resilience amidst adversity is an example of unmatched courage and determination."

Chess prodigy Anish Sarkar, the youngest FIDE-ranked player at just three years old, was also honoured.

The President envisioned a bright future for the awardees, adding, "In 2047, when we celebrate the centenary of our independence, these award winners will be enlightened citizens of the country. Such talented boys and girls will become the builders of a developed India, shaping its destiny through their talent and efforts."

"May every child of this nation have a bright and prosperous future, for in their success lies the future of India," she said.

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New Delhi/Mumbai (PTI): Hit hard by Pakistan airspace closure and Iran war, Air India has resorted to cost-cutting measures, including holding back annual increments for staff and asking them to cut discretionary spending as well as non-critical expenditures, warning of "tough times".

On Friday, Air India Chief Executive Officer & Managing Director (CEO & MD) Campbell Wilson told the staff it is going to be a "very, very difficult year" if things don't improve on the Middle East front.

A day after the loss-making airline's board discussed various cost-saving steps, Wilson, along with Chief Financial Officer (CFO) Sanjay Sharma and Chief Human Resources Officer (CHRO) Ravindra Kumar GP, addressed the employees during a townhall on Friday where the emphasis on the need to keep a close watch on costs.

With higher jet fuel prices due to the West Asia conflict and airspace curbs, the loss-making airline's expenses have spiralled in recent times and against this backdrop, Sharma also told staffers that FY26 has seen a softening in revenue amid heightened external uncertainties.

Calling for a relentless focus on costs in these tough times, Wilson urged employees to suspend discretionary spending, renegotiate rates where feasible, and defer non-critical expenditures.

"There must be a laser-sharp focus on eliminating wastage and leakages," he said.

Stressing the need to tighten the belt for a while, Wilson sounded optimistic that travel demand would rebound and the industry would continue on its upward path.

CHRO Ravindra Kumar told staff that the airline will proceed with variable pay for the last financial year and continue with planned promotions while noting that annual increments will be deferred by at least one quarter.

"We don't anticipate layoffs," he said.

At the airline's board meeting on Thursday, various cost-saving steps, including likely furloughs, were discussed. The Tata Group-owned airline has around 24,000 employees.

Generally, furlough refers to sending staff on unpaid leaves by companies during a tough financial situation.

During the townhall, CFO Sanjay Sharma said while strong revenue growth and fleet expansion drove financial momentum through FY25, FY26 has seen a softening in revenue amid heightened external uncertainties.

Air India has seen around 40 per cent CAGR (Compounded Annual Growth Rate) in revenue between 2022 and 2025, he added.

The airline was acquired by the Tata Group from the government in January 2022.

The Air India CEO mentioned the external challenges being facing the aviation industry as a whole, including the continued closure of Pakistan airspace that is expected to persist for the foreseeable future and geopolitical conflicts leading to disruptions and airspace closures across West Asia.

Wilson, who is set to step down later this year, also flagged a sharp depreciation of the rupee and a 2.5-3 times increase in jet fuel prices, and added that these factors have adversely affected travel sentiment and consumer confidence, as per the sources.

If the Strait of Hormuz opens, oil prices fall and consumer as well as business confidence come back, there is a decent chance of a solid recovery, Wilson said, adding that unless those circumstances happen, it was going to be "a very, very difficult year".

"I feel somewhat responsible that we ended up with probably the biggest surprise of the year in the external environment which was a full-scale war in our neighbouring region in the Gulf. That has had a huge impact on airspace," he said.

For Air India, Wilson said the situation is compounded by the fact that the airline cannot fly over the neighbouring country and has to take a much longer routing for any west-bound destination.

"Every airline is reporting that they are under some sort of financial pressure as a result of higher fuel prices and economic uncertainty. So, it is unfortunately not a great environment to be running an airline," the Air India CEO said.

The Air India Group -- Air India and Air India Express -- is projected to have incurred more than Rs 22,000 crore loss in the financial year ended March 2026.

At the townhall, Wilson also highlighted various initiatives, including completion of the retrofit of its legacy narrow-body aircraft and rapid network optimisation to redeploy capacity more efficiently.