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.
New Delhi: The Indian Armed Forces, during Operation Sindoor, decimated the terror launchpads and training camps in Pakistan and Pakistan-Occupied-Kashmir (PoK). Reports now suggest that Pakistan has initiated a fresh effort to reconstruct terror camps. This rebuilding process is receiving full support from Pakistan's military, the Inter-Services Intelligence (ISI), and government authorities. During the operation, the India's S-400 air defence systems also played a pivotal role. Now, the Modi government is planning to purchase of two more squadrons of the long-range surface-to-air missile system from Russia, news agency ANI has reported. During Operation Sindoor, the S-400 systems intercepted multiple Pakistan Air Force fighter jets and airborne early warning aircraft. Notably, one system achieved a record by hitting an aircraft over 300 kilometres away, highlighting its long-range strike capability. Russia has assured India it will deliver the two remaining squadrons of the S-400 Triumf surface-to-air missile systems, which played a crucial role during Operation Sindoor against Pakistan last month, by 2026-27. According to a Times of India report, the delivery of the fourth and fifth squadrons of the S-400 air defence systems, which has been hugely delayed due to the ongoing Russia-Ukraine war, figured in the bilateral meeting between defence minister Rajnath Singh and his Russian counterpart Andrey Belousov. The move to consider additional S-400 units is also driven by delays in India's indigenous long-range surface-to-air missile (LRSAM) initiative, Project Kusha. Developed by the Defence Research and Development Organisation (DRDO) in partnership with Solar Defence and Aerospace Limited and Bharat Dynamics Limited, the project is still some time away from full deployment, making an interim solution necessary. It is important to note that Each S-400 squadron has two missile batteries with 128 missiles each. These missiles have interception ranges of 120, 200, 250 and 380-km, as well as long-range acquisition and engagement radars and all-terrain transporter-erector vehicles. The IAF has deployed the first three S-400 squadrons in north-west and east India to cater for both China and Pakistan.
New Delhi [India], February 7 (ANI): The Delhi High Court on Friday reserved the order on an application moved by Baramulla MP Engineer Rashid seeking custody parole to attend ongoing parliament session amidst jurisdictional row. However, the National Investigation Agency (NIA), while opposing the custody parole, stated that Rashid Engineer does not need to respond to any questions. They emphasized that this request is generic and pointed out that Engineer has no speech to deliver. Senior Advocate Sidharth Luthra appeared for NIA also argued that taking an oath and campaigning are separate m ...Read More >
Prayagraj (Uttar Pradesh) [India], February 7 (ANI): Bihar Governor Arif Mohammed Khan arrived at the Mahakumbh in Prayagraj on Friday and said that the 'Sanatana' culture embodies the oneness of being and that all the differences dissolve in it. Speaking to the media here, Arif Khan highlighted the Indian culture of seeing divinity in humanity, asserting that "manav" (humans) are a reflection of "Madhav" (God). Khan also noted that India's heritage, values, and ideals continue to be celebrated at the Mahakumbh, fostering unity among people beyond personal familiarity. "We should always not ...Read More >
New Delhi, May 22 (SocialNews.XYZ) The pilots of the IndiGo plane, which was damaged in rough weather en route to Srinagar, were denied permission by the Lahore ATC to venture briefly into Pakistan airspace to escape the hailstorm, in complete violation of humanitarian norms. India's civil aviation regulator, the DGCA, said the aircraft was cruising at an altitude of approximately 36,000 feet near Punjab's Pathankot when it ran into a thunderstorm and hailstorm. Experiencing severe turbulence, the crew first requested the Northern ATC of the Indian Air Force to allow the flight to deviate to ...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 >
The incoming US president has vowed to press for a quick deal to end Russia's war - leaving Kyiv scrambling to position itself ahead of his January inauguration Nato foreign ministers looked set to rebuff Tuesday a push from Ukraine for progress on joining their alliance ahead of Donald Trump taking power in the United States. The incoming US president has vowed to press for a quick deal to end Russia's war - leaving Kyiv scrambling to position itself ahead of his January inauguration. Ukraine's President Volodymyr Zelenskyy has said getting security guarantees from the Western alliance and ...Read More >
New Delhi [India], January 10 (ANI): Prime Minister Narendra Modi said that people misunderstand the meaning of, "minimum government, maximum governance". He said that the efforts must be to increase the speed of work done by government departments and thus, he had made different ministries for skill, cooperatives, and fisheries. Speaking in a podcast with Zerodha Co-founder Nikhil Kamath, PM Modi said that the government took away 40,000 compliances to increase the speed of work in different departments. "We often misunderstand the concept of minimum government, maximum governance. Some bel ...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 >
New Delhi [India], May 23 (ANI): Criticising the BJP-led NDA government, Leader of the Opposition in Lok Sabha (LoP) Rahul Gandhi on Friday said that India's foreign policy has collapsed. In a post on X, Gandhi raised three questions to the central government. "Will JJ explain, Why India has been hyphenated with Pakistan? Why didn't a single country back us in condemning Pakistan? Who asked Trump to "mediate" between India & Pakistan?" the LoP said. Reposting a video of S Jaishankar's interview with a media outlet, he said, "India's foreign policy has collapsed," he added. Earlier, Gandhi q ...Read More >
Kolkata: Avenging the Pahalgam terror attack, 'Operation Sindoor' was launched and although aerial action was ceased, Indian armed forces are continuing their activities to increase their military strength. Amid this, glass with higher resistance and strength but less weight is being created for bulletproof vehicles, helicopters, ships and several other weapons. A major role in this endeavour is being played by Central Glass and Ceramic Research Institute (CGCRI) in West Bengal's Jadavpur area. According to sources, "Research is underway to decrease weight and increase the strength of the gl ...Read More >
New Delhi, Feb 4 (PTI) Defence Minister Rajnath Singh on Tuesday accused Congress leader Rahul Gandhi of making "false allegations" about the statement of the Army chief on the situation at the India-China border. "The words attributed to the Army Chief by Shri Rahul Gandhi were never spoken by him at any time. It is a matter of deep regret that Shri Rahul Gandhi should indulge in irresponsible politics on matters of national interest," Singh said on X. In his speech on Monday in Lok Sabha during the discussion on the Motion of Thanks to the President's address, the leader of opposition clai ...Read More >
Bikaner, May 22: Prime Minister Narendra Modi, on Thursday, asserted that the country's enemies have learnt what happens when "sindoor" becomes gunpowder and lauded India's armed forces for creating such a trap that Pakistan was "forced to go down on its knees". In a public address in Rajasthan, the prime minister slammed Pakistan, and said in response to the attack on April 22, "we destroyed nine biggest terror hideouts in 22 minutes". "The world and the enemies of the country have seen what happens when sindoor (vermillion) turns into barood (gunpowder)," he said. He said India is not goi ...Read More >
Bhubaneswar (Odisha) [India], December 3 (ANI): Producer Ektaa R Kapoor on Tuesday met with Odisha Chief Minister Charan Majhi in Bhubaneshwar. Visuals from the meeting surfaced online in which CM Mohan Charan Majhi and Ektaa could be seen exchanging warm pleasantries. Also Read | 'The Sabarmati Report': Union Home Minister Amit Shah Praises Vikrant Massey Starrer for Revealing the Truth Behind Godhra (View Post). Ektaa also visited Lingaraja Temple and offered prayers there. Notably, on Monday, Ektaa along with the team of 'The Sabarmati Report' attended a special screening of the film wi ...Read More >
NEW DELHI: Farmer leader Rakesh Tikait was detained by police in Aligarh on Wednesday while on his way to Delhi. "We don't know where they are taking us. If they won't come out with a solution, then we will start a tractor rally from here to Lucknow. We will wait for the government's reply till today evening," Tikait told reporters. On Tuesday, Tikait condemned the arrest of protesting farmers in Noida, warning that the ongoing protest spearheaded by the Samyukt Kisan Morcha (SKM) "would turn into a nationwide agitation of farmers." He pledged immediate support to farm leaders in Gautam Budd ...Read More >
Jammu, Jan 14 (VOICE) Defence Minister Rajnath Singh on Tuesday said that the BJP government at the Centre treats Delhi and Jammu and Kashmir equally.Addressing the ninth Armed Forces Veterans' Day programme at Tanda Artillery Brigade in Akhnoor, the Defence Minister praised Jammu and Kashmir Chief Minister Omar Abdullah for his effort to reduce the distance between the hearts of the people of Jammu and Kashmir and Delhi and asserted that the BJP government treats Delhi and Kashmir equally. "Kashmir was treated differently (by previous governments) in the past. As a result, our brothers and s ...Read More >
New Delhi [India], January 31 (ANI): Parents of Wing Commander Shubhanshu Shukla were elated after their son was selected as the pilot for National Aeronautics and Space Administration (NASA)'s Axiom-4 mission, scheduled this year. The parents credited Shubhanshu's hard work and dedication for his success and also acknowledged the contribution his wife behind his success. Expressing her immense happiness in an interaction with ANI, Shukla's mother Asha Shukla said she can't express her emotions in words. "We cannot express our feelings in words," she said. "Our joy is unlimited; we cannot p ...Read More >
Nagpur, May 23 (PTI) India's indigenously developed 'Akashteer' air defence system performed "exceedingly well" during 'Operation Sindoor', said Defence Research and Development Organisation (DRDO) chief Samir V Kamat, who expressed confidence that its success will draw international interest. India had deployed the indigenously developed and fully automated 'Akashteer' air defence control and reporting system, which emerged as the invisible force of new war capabilities during Operation Sindoor, launched against nine terror sites in Pakistan and Pakistan-occupied Kashmir. "Definitely, our a ...Read More >
Agartala (Tripura) [India], June 5 (ANI): Tripura Governor Indrasena Reddy Nallu on Thursday urged people to plant trees in their homes and avoid the use of plastic on the occasion of World Environment Day. Governor of Tripura Indrasena Reddy Nallu said, 'Today is World Environment Day. Tripura is a green land, a green state. We must always strive to maintain this greenery and take the state even further on the path of environmental progress. I would like to tell the people of the state to avoid the use of plastic. I urge everyone to plant trees in their own homes.' Tripura joined the global ...Read More >
New Delhi: India's opposition MPs on Wednesday, December 11, greeted their BJP counterparts in Parliament premises with the tricolour in one hand and a red rose in the other, urging the ruling party to ensure that the Parliament functions properly. This is the latest in a series of demonstrations led by Congress over the issue regarding industry mogul Gautam Adani getting indicted by the US. Leader of Opposition in the Lok Sabha Rahul Gandhi also offered the tricolour in the form of a card to Defence Minister Rajnath Singh when the latter was entering the main Parliament building. Congress ...Read More >
Jaisalmer (Rajasthan) [India], January 13 (ANI): India's indigenous Anti-Tank Missile, Nag Mk 2, the third-generation Anti-Tank Fire-and-Forget Guided Missile successfully completed its field evaluation trials at the Pokhran Field Range in Rajasthan in the presence of senior officers of the Indian Army. There were three field trials conducted, with the missile systems destroying all the targets precisely- maximum and minimum range, thus validating its firing range. Also Read | 'People of India Reaffirmed Their Trust in PM Narendra Modi': Ashwini Vaishnaw Slams Meta CEO Mark Zuckerberg Over H ...Read More >
New Delhi: Bharatiya Janata Party (BJP) MP Nishikant Dubey on Friday stoked a new controversy after he called Congress leader Rahul Gandhi hypocrite for questioning Foreign Minister S. Jaishankar over providing information about Operation Sindoor to Pakistan. The Congress clapped back at the BJP leader, stating that he "repeatedly displays his stupidity." Dubey's accusation stems from Rahul Gandhi's criticism of S. Jaishankar, which the BJP MP views as inconsistent with Gandhi's previous statements. Dubey referenced a 1991 Indo-Pak military transparency pact signed during a Congress-backed go ...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 >
Mumbai: Chief minister Devendra Fadnavis said on Thursday that he held discussions on cabinet expansion with union home minister Amit Shah, party national president J P Nadda, and the party national general secretary B L Santhosh on Wednesday night. Fadnavis was on a two-day visit to Delhi days after being sworn in as chief minister. He met President Draupudi Murmu, PM Narendra Modi, defence minister Rajnath Singh and union road transport minister Nitin Gadkari. He also presented five different ...Read More >
New Delhi [India], December 12 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Thursday met Union Home Minister Amit Shah at his residence in the National Capital and presented him with an idol of Vinayak Damodar Savarkar. "It was an absolute pleasure to meet and interact with Hon Union and Cooperation Minister Amitbhai Shah at his residence in New Delhi. Also presented him a 'murti' of SwatantryaVeer Vinayak Damodar Savarkar," the Chief Minister posted on X (formerly Twitter). Also Read | RRB JE Exam 2024 Admit Card Out at rrbapply.gov.in: Hall Ticket for 7,951 Junior Engineer Posts ...Read More >
Agartala (Tripura) [India], June 5 (ANI): Tripura Governor Indrasena Reddy Nallu on Thursday urged people to plant trees in their homes and avoid the use of plastic on the occasion of World Environment Day. Governor of Tripura Indrasena Reddy Nallu said, 'Today is World Environment Day. Tripura is a green land, a green state. We must always strive to maintain this greenery and take the state even further on the path of environmental progress. I would like to tell the people of the state to avoid the use of plastic. I urge everyone to plant trees in their own homes.' Tripura joined the global ...Read More >
New Delhi, June 5 (SocialNews.XYZ) Union Commerce and Industry Minister Piyush Goyal on Thursday said he looks forward to further strengthening India-Italy strategic partnership by closely working together with the country. Goyal is in Italy on a two-day official visit, after completing his engagements in France which focused on strengthening India-France economic cooperation. "Honoured to be hosted for a delightful dinner by H.E. @Antonio_Tajani, Deputy Prime Minister and Minister of Foreign A ...Read More >
Mumbai (Maharashtra) [India], January 13 (ANI): Actor Veer Pahariya, set to make his Bollywood debut in the upcoming war film 'Sky Force', recently met the family of Squadron Leader Ajjamada Boppayya Devayya, the Mahavir Chakra recipient who inspired his character. Veer took to his Instagram account on Monday to share pictures with Devayya's 90-year-old wife, Mrs. Sundari Devayya, and their daughters, Smitha and Preetha, during their meeting in Bengaluru. The actor also expressed his admiration for the family and their inspiring legacy. Also Read | 'Rekhachithram' Ending Explained: Unravelli ...Read More >
Mumbai (Maharashtra) [India], January 13 (ANI): Actor Veer Pahariya, set to make his Bollywood debut in the upcoming war film 'Sky Force', recently met the family of Squadron Leader Ajjamada Boppayya Devayya, the Mahavir Chakra recipient who inspired his character. Veer took to his Instagram account on Monday to share pictures with Devayya's 90-year-old wife, Mrs. Sundari Devayya, and their daughters, Smitha and Preetha, during their meeting in Bengaluru. The actor also expressed his admiration for the family and their inspiring legacy. Along with the post, the actor added a lengthy caption ...Read More >
New Delhi, Jan 17 (PTI) India's offensive and defensive responses need to be further strengthened in view of turmoil in the rules-based global order, Defence Minister Rajnath Singh said on Friday. In an address at an event, he also said that the Indian Navy is working towards increasing its presence in the Indian Ocean region. Also Read | Indian Army's 'Sambhav' Smart Phone Used During China Border Talks for Secure Communication. The Indian Ocean is witnessing increasing Chinese presence triggering concern among India's national security planners. India's economic prosperity is linked to m ...Read More >
Chaten, Sikkim: A massive landslide struck North Sikkim's remote Chaten area on Sunday evening (June 1), leaving three people dead and six security personnel missing, according to a report by The Times of India. The disaster, which comes after days of heavy rain, has not only devastated local habitats but also stranded over 1,200 tourists in the Lachen and Lachung regions, prompting large-scale evacuation efforts led by both officials and local communities. Here are some visuals from the scene: The response effort is being bolstered by the local Lachungpa community, who have stepped in as f ...Read More >
New Delhi [India], November 27 (ANI): The Ministry of Defence informed on Wednesday that it will conduct a two-day 11th National Maritime Search and Rescue exercise and workshop for the Indian Coast Guard (ICG) in Kerala's Kochi. The workshop will be undertaken from November 28 to 29 and the event will be inaugurated by Defence Secretary Rajesh Kumar Singh. ICG Director General S Paramesh, also the National Maritime Search and Rescue Coordinating Authority, will also remain present during the event. The theme of the event will be 'Enhancing Search and Rescue capabilities through regional coll ...Read More >