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.
India is on the brink of sealing a deal to procure 26 Rafale jets of the naval variant and three additional Scorpene submarines, according to Navy Chief Admiral Dinesh K Tripathi. This strategic move is poised to significantly boost India's maritime defense capabilities. Speaking ahead of Navy Day, Admiral Tripathi disclosed that government approval for two nuclear-powered submarines underscores confidence in India's homegrown ability to construct advanced naval vessels. He noted that current projects include 62 ships and a submarine being built domestically. The Navy is set to induct numerous platforms in the near term, with at least one ship entering the fleet next year. The planned acquisition of Rafale-M jets, following last year's defense ministry approval, and Scorpene submarines is expected to conclude next month, strengthening naval deployment aboard the aircraft carrier INS Vikrant.
New Delhi [India], June 27 (ANI): Chief of the Naval Staff (CNS), Admiral Dinesh K Tripathi, presented Gallantry and Distinguished Service Awards to Naval Personnel at the Naval Investiture Ceremony held for the first time at the newly constructed Nausena Bhawan in Delhi on Friday. The awards were conferred to honour and recognise bravery, leadership, professional achievement and distinguished service of Naval Personnel. A total of 51 personnel were conferred with awards during the ceremony,y which included one Yudh Seva Medal, thirteen Nausena Medals (Gallantry), eight Nausena Medals (Devot ...Read More >
AFP | New Delhi Email : editor@newsofbahrain.com India yesterday signed a $7 billion order for 97 domestically designed and built Tejas fighter jets as its air force retires its outgoing Russian MiG-21 jets after decades of use. The first Tejas jets -- meaning "brilliance" in Hindi -- were commissioned into the airforce in 2016, with the latest commission for the fourth-generation version of the fighter, Mk-1A. India has made the modernisation of its forces a top priority, and made repeated pushes to boost local arms production. India's Ministry of Defence said it had "signed a contract w ...Read More >
Defence Minister Rajnath Singh highlighted the Defence Accounts Department's pivotal role in Operation Sindoor, emphasizing its crucial contribution to efficient financial management and war preparedness. Singh praised the DAD for its historic legacy and continued support as the financial backbone of India's armed forces at an event marking its 278th foundation day. Defence Minister Rajnath Singh on Wednesday underscored the pivotal role played by the Defence Accounts Department (DAD) in the suc ...Read More >
The exercise also marked the first operational deployment of INS Nistar. ShowQuick Read Summary is AI-generated, newsroom-reviewed * India's DSRV Tiger X successfully deployed in South China Sea during XPR-25 exercise * XPR-25 included over 40 countries and ran from September 15 to 25 in two phases * Tiger X completed maiden dives and docked with South Korean and Singapore submarines Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: The Indian Navy marked a milestone ...Read More >
New Delhi, October 20: On the auspicious occasion of Diwali, Prime Minister Narendra Modi paid a courtesy visit to President Droupadi Murmu at Rashtrapati Bhavan on Sunday, extending festive greetings and warm wishes for the New Year. The meeting, though brief, carried symbolic significance, underscoring the spirit of tradition, constitutional harmony, and national unity that Diwali embodies. In a post shared on his official X handle, Prime Minister Modi wrote, "Called on President Droupadi Murmu at Rashtrapati Bhavan and shared Diwali greetings," marking the moment with characteristic simpli ...Read More >
NEW DELHI: India on Friday commissioned INS Nistar, its first indigenously designed and constructed diving support vessel, which can undertake complex deep-sea saturation diving and submarine rescue operations that only a few navies are capable of around the world.The commissioning of the 118-metre-long specialised warship, with a displacement of around 10,000 tonnes and over 80% indigenous content, took place at Visakhapatnam in the presence of minister of state for defence Sanjay Seth and Navy chief Admiral Dinesh K Tripathi. INS Nistar is the first of the two such vessels being built by Hin ...Read More >
New Delhi: In a boost to India's anti-submarine warfare capability, Androth, the second Anti-Submarine Warfare Shallow Water Craft (ASW SWC) built by Garden Reach Shipbuilders and Engineers (GRSE), Kolkata, has been delivered to the Indian Navy. The ASW SWC ships have been indigenously designed and constructed at GRSE in accordance with the Classification Rules of the Indian Register of Shipping (IRS). They enhance the Navy's anti-submarine, coastal surveillance, and mine-laying capabilities. The name Androth holds strategic and symbolic significance, being derived from Androth Island in the ...Read More >
New Delhi: In a major development, the Pakistan Navy is expecting its first Chinese-designed submarine to enter active service next year. The information was shared by the country's top admiral to Chinese state media, bolstering Beijing's bid to counter regional rival India and project power toward the Middle East. It is important to note that under the deal Islamabad will take delivery of eight Hangor-class submarines by 2028. Admiral Naveed Ashraf told the Global Times in an interview published on Sunday, adding the submarines would boost Pakistan's ability to patrol the North Arabian Sea a ...Read More >
A political controversy erupted after former Maharashtra Chief Minister and senior Congress leader Prithviraj Chavan claimed India was "completely defeated" on the first day of Operation Sindoor. Speaking in Pune, Chavan alleged that during the half-hour aerial engagement on December 7, Indian aircraft were shot down, the Air Force was grounded, and no planes could safely take off from Gwalior, Bathinda, or Sirsa due to threats from Pakistan. He also stated that the operation involved only aerial ...Read More >
Bhubaneswar: All schools in Puri municipality will remain closed tomorrow on account of Navy Day celebration at Blue Flag Beach. The district administration has decided to keep all schools closed due to the President's visit to the Navy Day ceremony. The district administration has ordered the closure of all government and private primary, secondary and higher secondary schools in Puri municipality. Moreover, Mother's Public School, Prabhu Shree English Medium School, Chandra Shekhar Academy, St. Xavier School on the outskirts of the town will also be closed. However, the PARAKH exam conduct ...Read More >
New Delhi [India], June 28 (ANI): The Naval Investiture Ceremony, held at Nausena Bhawan, honoured several personnel of the Indian Navy with gallantry awards for their exemplary service. The awards were conferred to honour and recognise bravery, leadership, professional achievement, and distinguished service of Naval Personnel. A total of 51 personnel were conferred with awards during the ceremony, which included one Yudh Seva Medal, thirteen Nausena Medals (Gallantry), eight Nausena Medals (Devotion to Duty), and seventeen Vishisht Seva Medals. On being conferred with the Nausena Medal (Ga ...Read More >
Medak: Telangana State BJP President N. Ramchander Rao on Friday appealed to the people to give the committed party an opportunity to meet the aspirations of the poor and downtrodden. Addressing a large gathering of party workers in Medak, the BJP chief remarked that citizens have experienced the rule of the BRS and the Congress party and have had bitter experiences with the deceitful practices of both. He urged people to support the BJP wholeheartedly in the upcoming local body elections as a way to teach the ruling Congress party a lesson for its unfulfilled promises. Rao emphasized that t ...Read More >
The Indian Air Force (IAF) carried out a high-intensity joint exercise with the United Kingdom's Carrier Strike Group (CSG) over the Indian Ocean Region on Tuesday (October 14, 2025). The drill featured IAF Sukhoi-30 MKIs, Jaguars, AWACS, and AEW&C aircraft operating alongside Royal Navy F-35B fighter jets from HMS Prince of Wales. The exercise aimed to enhance interoperability, mutual trust, and operational coordination between the two forces, reaffirming their shared commitment to regional se ...Read More >
New Delhi: For over a decade, Prime Minister Narendra Modi has transformed his Diwali celebration into a national ritual, choosing to celebrate the festival of lights with the nation's armed forces at its most challenging frontiers, plains or mountains. This unique tradition reached a new height this year as the Prime Minister spent the festival of lights with Navy personnel aboard the INS Vikrant, India's first indigenously-built aircraft carrier, off Goa and Karwar coasts on Monday. Addressing the sailors and officers on the deck of the formidable warship, PM Modi reaffirmed the core messag ...Read More >
New Delhi [India], October 20 (ANI): Prime Minister Narendra Modi addressed the armed forces personnel during Diwali celebration on board the INS Vikrant on Monday. Mentioning that today is a remarkable day, a remarkable moment, and a remarkable sight, PM The Modi highlighted that on one side lies the vast ocean, and on the other, the immense strength of Mother India's brave soldiers. He noted that while one side presents the infinite horizon and boundless sky, the other side showcases the colossal might of INS Vikrant, embodying infinite power. The Prime Minister observed that the sparkle of ...Read More >
KOCHI: The Indian Navy will be celebrating the 'Navy Day 2025' in Thiruvananthapuram for the first time. The mega event to be held on December 4 will feature a grand operational demonstration at the Shankhumukham beach, along the Arabian Sea. While the Southern Naval Command usually holds the event in Kochi, the change in venue is in continuation of the Indian Navy's effort to organise the event at a location other than major Naval stations. "The Navy Day 2024 was hosted at Puri in Odisha, a shift from previous years when the celebrations were primarily held in Naval strongholds like Mumbai ...Read More >
New Delhi: Indian Navy chief Admiral Dinesh K Tripathi on Sunday (Dec 15) left on a four-day official visit to Indonesia to further consolidate the bilateral defence cooperation between the two countries. His visit, which will conclude on December 18, is in line with the deepening Comprehensive Strategic Partnership, with a focus on enhancing Naval Cooperation. During the visit, Admiral Tripathi will engage in bilateral discussions with top Indonesian Government and defence officials, including Lt Gen Sjafrie Sjamsoeddin (retd), Defence Minister of Indonesia, General Agus Subiyanto, Commander ...Read More >
NEW DELHI: Terming India as the top priority partner, UK High Commissioner Lindy Cameroon said that the visit of the UK Aircraft Carrier and the bilateral exercise with the Indian Navy would further strengthen the relationship between two countries. "The Carrier Strike Group visit and joint exercises further strengthen a growing military partnership with India, following a new £350 million deal, which is set to deliver UK-manufactured Lightweight Multirole Missiles (LMM) to the Indian Army, showcasing defence as an engine for growth," Cameroon said. It was during Konkan-25, the recent bilater ...Read More >
Panaji (Goa) [India], October 20 (ANI): Prime Minister Narendra Modi celebrated Diwali with naval personnel onboard INS Vikrant, where he also took part in Bara Khana (ceremonial feast) and attended cultural programmes. PM Modi boarded INS Vikrant off the coast of Goa on Sunday evening to participate in the festivities with the soldiers. Also Read | Bihar Assembly Elections 2025: Congress Releases Fourth List of 6 Candidates for Vidhan Sabha Polls, Abidur Rahman To Contest From Araria; Check All Names Here. The Indian Navy organised a cultural programme where the officers and sailors of the ...Read More >
New Delhi [India], October 1 (ANI): Raksha Mantri Rajnath Singh on Wednesday lauded the Defence Accounts Department (DAD) for ensuring financial resilience, optimising resources and sustaining operational readiness during Operation Sindoor, calling it the "silent but crucial" backbone of India's Armed Forces. "While the entire world witnessed the valour and courage of the Armed Forces in achieving a historic and decisive victory during Operation Sindoor, the silent yet crucial role of DAD ensured efficient resource utilisation, financial management and war preparedness," Singh said while addr ...Read More >
New Delhi, July 18 (SocialNews.XYZ) INS Nistar, the first indigenously designed and constructed diving support vessel, was commissioned into the Indian Navy in the presence of Minister of State (MoS) for Defence, Sanjay Seth, in Visakhapatnam on Friday, the Ministry of Defence said in an official statement. The ship, which is the first of the two diving support vessels being built by Hindustan Shipyard Limited, is designed to undertake complex deep sea saturation diving and rescue operations -- a capability select Navies possess across the globe. Lauding the Indian Navy and the indigenous sh ...Read More >
NEW DELHI, Sept 25: India on Thursday signed a $7 billion order for 97 domestically designed and built Tejas fighter jets as its air force retires its outgoing Russian MiG-21 jets after decades of use. The first Tejas jets -- meaning "brilliance" in Hindi -- were commissioned into the airforce in 2016, with the latest commission for the fourth-generation version of the fighter, Mk-1A. India, one of the world's largest arms importers, has made the modernisation of its forces a top priority, and made repeated pushes to boost local arms production. India's Ministry of Defence said it had "sign ...Read More >
"KOCHI: The Cochin Shipyard Ltd (CSL) is keen on building capacity, confidence and credibility, said chairman and managing director (CMD) Madhu S Nair. "We were the first greenfield shipyard in India, the first to build large ships in India and we collaborated with the Indian Navy to build the nation's first aircraft carrier. We launched a warship with more than 90% indigenous content, from design to equipment. "India's maritime story is no longer about building ships, but about building capacity. This is the vision of India reclaiming its historic place among the great maritime nations," sa ...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: India's new approach to treat any act of terror as an act of war has added a new dimension to the Navy's operational outlook after the conduct of Operation Sindoor against Pakistan, Admiral Dinesh K Tripathi said Friday."We must be prepared for this new normal," the Navy chief said at an investiture ceremony here. Over 35 Indian warships and submarines led by aircraft carrier INS Vikrant, with its MiG-29K fighters, were forward deployed in a dissuasive deterrent posture against Pakistan in the northern Arabian Sea last month."Our ships, submarines and aircraft were operationally rea ...Read More >
New Delhi [India], July 8 (ANI): Chiefs of the Indian Army, Navy and Air Force on Monday addressed senior military officers on the conduct of joint operations, reaffirming their commitment to Tri-Service synergy and integrated warfare in future battle scenarios. According to the Indian Army, the address focused on joint operational planning, with particular emphasis on integrated maritime and air warfare. The briefing was attended by Chief of the Naval Staff Admiral Dinesh K Tripathi, Chief of the Air Staff Air Chief Marshal AP Singh, and Chief of the Army Staff General Upendra Dwivedi. The ...Read More >
New Delhi, Jul 10 (PTI) 'Nistar', the first indigenously constructed diving support vessel that can undertake deep-sea diving and rescue operations, is set to be inducted into the Indian Navy on July 18, officials said on Thursday. The ship will be commissioned at a ceremony to be held at the Naval Dockyard, Visakhapatnam, in the presence of Defence Minister Rajnath Singh, they said. Also Read | Newborn Kidnapping Bid in Raichur: Group Disguised as Women Tries To Abduct Infant From Hospital in Karnataka; Alert Attendants Foil Attempt, 1 Suspect Held. 'Nistar', designed and constructed by Hi ...Read More >
Kolkata, September 15: Prime Minister Narendra Modi on Monday reviewed the security situation and the operational preparedness of the Armed Forces during the 16th Combined Commanders' Conference (CCC) in Kolkata. The Prime Minister was briefed on the operational readiness in the context of the new normal created by Operation Sindoor, and the future of warfare amidst the emerging technology and tactics. He also reviewed the reforms implemented in the last two years, and the plan for the next two years, a Defence Ministry release said. The Prime Minister complimented the Armed Forces for the su ...Read More >
Indian Navy Chief Admiral Dinesh K Tripathi is visiting Indonesia from December 15-18 to bolster bilateral defense relations. He will meet with Indonesian defense officials to discuss maritime security, joint training, and enhanced operational collaboration. The visit coincides with the ongoing 43rd India-Indonesia Coordinated Patrol, highlighting the growing maritime partnership between the two nations.The Chief of the Naval Staff (CNS), Admiral Dinesh K Tripathi is set to embark on a four-day o ...Read More >
New Delhi: There are 9 countries in the world that have nuclear weapons and these 9 countries include both India and Pakistan. Time and again, Pakistan has threatened to use its nuclear weapons against India. One such instance was during the recent tension between India and Pakistan, when Pakistan's Defense Minister Khawaja Asif threatened nuclear attack on India. Despite having nuclear weapons, Pakistan has many weaknesses, one of them is that Pakistan cannot fire nuclear bombs from the sea. Let us tell you what is that weakness due to which Pakistan cannot fire nuclear bombs from the sea. ...Read More >