India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
Thiruvananthapuram: The UK's HMS Prince of Wales-led Carrier Strike Group has reached Singapore for joint exercises -- but without one of its F-35 fighter jets, which remains grounded at Thiruvananthapuram airport due to a hydraulic snag. The expert team to carry out the repairs is yet to arrive. Sources said that if on-site repairs are not successful, the fighter jet may need to be moved out in a military transport aircraft.The fighter jet on a routine flight made an emergency landing at Thiruvananthapuram airport after facing difficulty landing on its aircraft carrier due to low fuel. However, it subsequently developed a snag, preventing its departure. The pilots have since returned.Efforts by the aircraft carrier's crew, who flew in multiple times by helicopter, failed to repair the jet. A statement from the British High Commission said that a specialist team from the UK is expected to arrive to carry out repairs. However, they have not yet reached the site. The aircraft will remain in the airport's parking bay until the team arrives. Only then will it be moved to a hangar.The rest of the Carrier Strike Group has proceeded to Singapore with 11 other F-35 jets. Airport sources had earlier said the airport will calculate a parking fee for the fighter jet and that they are yet to calculate the amount that needs to be charged. The fighter jet is parked in Bay 4, used by VIP aircraft. It is not hampering aircraft movement at the airport because the flight traffic is low.Usually, the airport operator charges a parking fee based on the aircraft's weight. But the fighter jet is lightweight and it is not a scheduled flight. So the same yardstick may not be applicable in this case.
Mumbai: The birth of three penguin chicks at Mumbai's Veermata Jijabai Bhosale Udyan and Zoo has sparked an unexpected row not over their care, but their names. BJP functionary Nitin Bankar from the Byculla Assembly constituency has objected to the chicks being given English names, insisting they be named in Marathi instead. The BMC is expected to respond by June 10, after which Bankar will decide his next move. Speaking to The Free Press Journal, Bankar said, "When penguins were brought from abroad, we accepted that their names would be in English. But these chicks were born on the soil of M ...Read More >
Thiruvananthapuram (Kerala) [India], June 26 (ANI): British authorities on Thursday thanked India for their constant support after the British F-35B fighter jet made an emergency landing at Thiruvananthapuram airport nearly a fortnight ago. The High Commission spokesperson said, "We are working to repair the UK F-35B at Thiruvananthapuram International Airport as quickly as possible. We thank the Indian Authorities for their continued support" Also Read | Shubhanshu Shukla Becomes First Indian To Enter International Space Station, Says 'Privilege To Be Amongst Few To See Earth From This Vant ...Read More >
Thiruvananthapuram (Kerala) [India], June 27 (ANI): A UK F-35B aircraft is currently awaiting repairs at the Thiruvananthapuram International Airport after experiencing an engineering issue, a British High Commission spokesperson confirmed. "A UK F-35B aircraft is awaiting repairs at the Thiruvananthapuram International Airport after developing an engineering issue. The UK has accepted an offer to move the aircraft to the Maintenance Repair and Overhaul facility at the airport. The aircraft will be moved to the hangar once UK engineering teams arrive with specialist equipment, thereby ensurin ...Read More >
Guwahati: Assam will soon get three national highway stretches equipped for emergency aircraft landings, including the first such facility in the Northeast, which shares a long border with Bangladesh, Bhutan, Myanmar and China. "The first emergency landing facility on a national highway in North East is expected to be ready in eastern Assam by October, in a boost to national security and disaster preparedness," Chief Minister Himanta Biswa Sarma said on Sunday. Once completed, these stretches will boost Assam's strategic and transport infrastructure, Sarma said. "Once completed, it will supp ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advanced Systems Ltd (TASL) for manufacturing key sections of the Rafale fighter jet, including the lateral ...Read More >
Gangtok, Jun 8 (PTI) The Sikkim government on Sunday evacuated 28 people, including three minors, stranded in Chaten in the northern part of the Himalayan state, where road connectivity has been snapped due to multiple landslides triggered by heavy rain, officials said. Responding to distress calls from a few locals, some taxi drivers and government officials stationed in Chaten, seeking evacuation, the administration hired a helicopter to rescue them. "The state government arranged a helicopter and successfully evacuated 28 people, including three minors," one of the officials said. All ev ...Read More >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...Read More >
Bengaluru (Karnataka) [India], February 10 (ANI): Defence Minister Rajnath Singh on Monday met Minister Delegate to the Minister of Defence and Chief of Staff of the National Army of Algeria General Said Changeriha in Bengaluru at Aero India 2025. Singh called their meeting a "great interaction." Also Read | US: Judge Finds Trump Administration Hasn't Fully Followed Order To Unfreeze Federal Spending, Orders White House To Release All Money. In a post on X, he said, "Great interaction with the Minister Delegate to the Minister of Defence and Chief of Staff of the National Army of Algeria Ge ...Read More >
Gangtok, June 6 (SocialNews.XYZ) At least 80 tourists stranded in the northern part of Sikkim due to inclement weather and landslides have been safely evacuated, an official said on Friday. A total of four helicopter sorties were conducted from Pakyong Greenfield Airport to Chaten using MI-02, MI-49, and MI-39 helicopters, resulting in the evacuation of 80 individuals. Among those evacuated, 63 persons were tourists, while 17 were locals. To ensure their further travel to Gangtok, the state government arranged state transport buses at the airport for the convenience of the evacuees. In orde ...Read More >
New Delhi/Thiruvananthapuram, June 27: Nearly two weeks after it made an emergency landing at Thiruvananthapuram airport, the UK F-35B Lightning II stealth fighter jet will be moved to the Maintenance Repair and Overhaul facility at the airport as it awaits repairs, the British High Commission stated on Friday. "A UK F-35B aircraft is awaiting repairs at the Thiruvananthapuram International Airport after developing an engineering issue. The UK has accepted an offer to move the aircraft to the Maintenance Repair and Overhaul facility at the airport. The aircraft will be moved to the hangar onc ...Read More >
NEW DELHI: Aviation engineers from the UK are arriving in Thiruvananthapuram to repair an F-35B Lightning jet of Britain's Royal Navy as the aircraft continued to be stranded after making an emergency landing 12 days ago.The aircraft is part of the HMS Prince of Wales Carrier Strike Group of the UK's Royal Navy.The jet, worth over USD 110 million and known to be one of the most advanced fighters globally, made the emergency landing at Thiruvananthapuram airport on June 14.The aircraft is awaiting repairs at the Thiruvananthapuram international airport after developing an engineering issue, a B ...Read More >
New Delhi, Jun 28 (PTI) Airport security and adminstration authorities are mulling integration of facial recognition technology and CCTV for staffers apart from deploying other technology tools for faster security checks and reducing queues at these facilities. These measures along with synchronising automatic number plate recognition and FASTag for vehicles was discussed during a "functional workshop of airport sector" organised by the Central Industrial Security Force (CISF) in Delhi on June 27. Also Read | Aurangabad Shocker: Woman Kills Husband With Help of Lover in Bihar; Wife Arrested, ...Read More >
Thiruvananthapuram: A British expert team will arrive in Thiruvananthapuram on Saturday to inspect the fault of the British F-35B aircraft, which is currently at the Thiruvananthapuram International Airport due to a technical glitch. An F-35B fighter jet made an emergency landing at Thiruvananthapuram International Airport on June 14 after taking off from the HMS Prince of Wales aircraft carrier. Airport authorities informed that a two-member team had arrived earlier to inspect the fault in the aircraft, and the technical fault could not be resolved. The F-35 fighter jet is located in the CIS ...Read More >
Dehradun (Uttarakhand) [India], July 5 (ANI): Chief Minister Pushkar Singh Dhami participated in the Civil Aviation Conference-2025 organised in Dehradun on Friday. Union Civil Aviation Minister Kinjarapu Rammohan Naidu and Civil Aviation Ministers of North India also attended the conference. Chief Minister said that this conference is a testimony to the historic progress made in the civil aviation sector of the country under the leadership of Prime Minister Narendra Modi. He said that by connecting small cities and remote areas with air connectivity through the Udan scheme, not only has ai ...Read More >
Guwahati: Rescue operations in rain-ravaged North Sikkim resumed on Thursday after a crucial break in the weather, successfully bringing 59 stranded tourists back to Gangtok. Severe weather and landslides trapped a group of 109 tourists in Lachung for nearly a week, and these individuals were among them. Ready for a challenge? Click here to take our quiz and show off your knowledge! According to the official reports, two MI-17V5 helicopters departed from Pakyong airport near Gangtok early Thursday morning. One helicopter rescued 39 tourists, while the other brought back 20, including two fo ...Read More >
New Delhi, Jun 6 (PTI) An Apache helicopter of the Indian Air Force (IAF) made a "precautionary landing" in Uttar Pradesh's Saharanpur on Friday due to a technical issue while on a routine sortie, officials said. Both the pilot and the co-pilot are safe, they said. Also Read | Bengaluru Stampede: Police Complaint Lodged Against Virat Kohli Over Stampede Tragedy Near Chinnaswamy Stadium. An IAF Apache helicopter made a "precautionary landing" in Saharanpur around 11 am due to a technical issue, a senior IAF official said. All necessary checks were conducted after the landing and the helicop ...Read More >
Thiruvananthapuram, Jun 2 (PTI) What began last month as an emergency landing by a British Royal Navy F-35B Lightning fighter jet at Thiruvananthapuram International Airport has unexpectedly turned into a marketing gift for Kerala Tourism. The jet, part of the UK's most advanced stealth fleet, is awaiting repairs. Now, that brief military issue is being reimagined -- not in air bases or defence circles, but in the world of travel and tourism. A new poster posted by Kerala Tourism on its 'X' handle is making the rounds online. It features a stylised image of the fighter jet parked against a ...Read More >
New Delhi: Following Operation Sindoor, China attempted to cast doubt on the effectiveness of France's flagship Rafale fighter jets, according to the French intelligence report. The defence attachés in Chinese embassies were asked to lead the charge to undermine the sale and performance of Rafale jets as part of an effort to get countries to stop buying the French military fighter, according to the Associated Press. For the French defence industry, sales of the Rafale fighter jet and other armaments bring most of the business to them, which even aided Paris in strengthening ties with Asian na ...Read More >
Rudraprayag (Uttarakhand) [India], June 7 (ANI): A helicopter carrying five devotees en route to Kedarnath Dham made an emergency landing on a national highway near Bharasu in Uttarakhand's Rudraprayag district on Saturday, temporarily disrupting traffic in the region, officials said. According to officials, the chopper - an AW119 operated by Kestrel Aviation Private Limited - developed a sudden technical fault during takeoff, prompting the pilot to carry out a hard but controlled landing on the nearby road. Also Read | ICU Horror at ESIC Medical College in Rajasthan: 32-Year-Old Woman Alleg ...Read More >
WATCH | Kerala: Latest visuals of the F-35 at Thiruvananthapuram airport. British navy officials ... Show more WATCH | Kerala: Latest visuals of the F-35 at Thiruvananthapuram airport. British navy officials are expected to arrive here by the end of this week to carry out repairs and take the aircraft back to its base: Defence officials The F-35 jet had made an emergency landing at the Thiruvananthapuram International Airport on June 14. Show less ...Read More >
Hyderabad (Telangana) [India], July 4 (ANI): Congress chief Mallikarjun Kharge on Friday came down heavily on the Rashtriya Swayamsewak Sangh (RSS) over its pitch to reconsider the words 'secular and socialist' from the Preamble of the Indian Constitution while saying that it was 'all talk'. He dared and challenged RSS General Secretary Dattatreya Hosabale and top leaders of the ruling Bharatiya Janata Party (BJP) in the centre to remove the words 'secular and socialist' from the Preamble. 'Days before, I heard that some RSS person said that we should remove Secular and Socialist words from ...Read More >
New Delhi: In a major revelation two months after the Operation Sindoor, Dassault Aviation chairman and CEO Eric Trappier has rejected Pakistan's claim of shooting down Indian Rafale fighter planes. Speaking to French website Avion Chasse, Trappier also said that while India lost one Rafale, the jet was not lost during combat but due to technical reasons. Notably, the Pakistan Air Force had claimed to have downed five Indian Air Force fighter jets on May 7. The PAF claimed that it shot down three Rafales using Chinese PL-15E missiles launched using the J-10C multi-role combat aircraft. Howev ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
Gangtok, Jun 8 (PTI) At least 28 people, stranded at Chaten in north Sikkim, and 20 army personnel were airlifted on Sunday as the road connectivity in the region had been snapped due to multiple landslides triggered by heavy rain, officials said. A chopper evacuated 28 civilians, comprising minors, tourist taxi drivers and government officials, from Chaten in the first sortie, while 20 army personnel returned to Pakyong Greenfield Airport in another trip, they said. The MI-17 helicopter also transported essential supplies for Indian Army personnel stationed at Chaten, the officials said. T ...Read More >
New Delhi/Noida, Jun 27 (PTI) End-of-life vehicles detected at fuel stations or found parked at public places will be impounded and a penalty of Rs 10,000 imposed on four-wheeler owners and Rs 5,000 on two-wheeler owners starting July 1, officials said on Friday. EOL vehicles are diesel vehicles older than 10 years and petrol vehicles older than 15 years. Irrespective of the states they are registered in, they will not be given fuel in Delhi starting July 1, according to directions issued by the Commission for Air Quality Management (CAQM) earlier. Also Read | UK F-35B Lightning II Stealth F ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
Thiruvananthapuram, Jul 6 (PTI) After remaining stranded here for about a month following a technical issue, a British Royal Navy fighter jet was on Sunday moved to a designated facility for British engineers to assess it, airport sources here said. An engineering team from the UK arrived at the international airport here on Sunday to assess and repair the British Royal Navy F-35B Lightning fighter jet which made an emergency landing at the airport nearly a month ago. A British High Commission spokesperson confirmed the arrival of the engineering team at the airport. "A UK engineering team ...Read More >
India's Defence Acquisition Council (DAC) has approved a ₹21,772 crore package to strengthen maritime security. This includes 151 new boats for the Navy and six Advanced Light Helicopters (ALH) for the Coast Guard. These assets are designed for rapid response, surveillance, and rescue missions. With advanced technology and indigenous manufacturing under the "Aatmanirbhar Bharat" initiative, the acquisitions aim to address emerging maritime threats in the Indo-Pacific and reinforce India's role in regional security.The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh ...Read More >
New Delhi, Jun 6 (PTI) An Apache helicopter of the Indian Air Force (IAF) made a "precautionary landing" in Uttar Pradesh's Saharanpur on Friday due to a technical issue while on a routine sortie, officials said. Both the pilot and the co-pilot are safe, they said. An IAF Apache helicopter made a "precautionary landing" in Saharanpur around 11 am due to a technical issue, a senior IAF official said. All necessary checks were conducted after the landing and the helicopter was made serviceable. Both the pilot and the co-pilot then flew it to the Sarsawa airbase in Uttar Pradesh, the official ...Read More >