I have enabled the Virtualization in BIOS in windows and I have Intel HAXM installed as well but I still get the message when I run the application on the emulator. How to resolve this. I am stuck at the same error for last two days.
Remove intel haxm installer 6 from control panel>Add or remomve Program. And download manually from here. https://software.intel.com/en-us/android/articles/intel-hardware-accelerated-execution-manager
Then install it manually. And launch android studio again. This worked for me. Hope it helps.