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, July 6: 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 has deployed to Thiruvananthapuram International Airport to assess and repair the UK F-35B aircraft, which landed following an emergency diversion," the spokesperson said in a statement. It further said that the UK has accepted the offer of a space in the Maintenance Repair and Overhaul (MRO) facility of the airport, and are in discussions to finalise arrangements with relevant authorities. 'Stealthy, Still Need Protection': Kerala AIDS Control Society Uses Stuck British F-35B Fighter Jet To Deliver Safe Sex Message (See Pics). "In line with standard procedure, the aircraft will be moved following the arrival of UK engineers, who are carrying specialist equipment necessary for the movement and repair process," it said. Meanwhile, airport sources said the fighter jet was moved to the MRO. "The UK remains very grateful for the continued support and collaboration of the Indian authorities and airport teams," the British High Commission statement added. F35B Jet Stranded in Kerala: UK Engineering Team Aboard British Royal Air Force Airbus A400M Atlas Arrive at Thiruvananthapuram International Airport (Watch Video). The jet, worth over USD 110 million and known to be one of the most advanced fighter aircraft in the world, made an emergency landing at the Thiruvananthapuram International Airport on 14 June. It remained grounded at the airport since then, awaiting repairs after developing a technical fault.
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 >
Mumbai: Air India has issued a statement explaining the reason behind the delay in the take off of the Bangkok-bound Air India Flight AI 2354, on June 25. The flight was delayed for more than 5 hours after hay was discovered lodged beneath the left wing of the aircraft, the airline confirmed in a statement. Reportedly, Flight AI 2354, operated by an Airbus A320Neo, was scheduled to depart Mumbai at 7:45 AM but took off only around 1:00 PM. The airline's immediate action in the matter resulted in the quick removal of the hay, stated the airline. The aircraft was subsequently deemed fit for ope ...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 >
Speaking at IIT Bombay's Techfest 2024, Mr Adani, the 27-year old younger son of infrastructure magnate Gautam Adani, said the future of technology is both scary and exciting. India cannot stay out of global technological race, said Jeet Adani. Mumbai: India cannot stay out of global technological race and should build capabilities that will keep it at the top while remaining vigilant against its misuse, said Jeet Adani, Director, Adani Airport Holdings Ltd. Speaking at IIT Bombay's Techfest ...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 >
NEW DELHI, June 3 (Reuters) - Prime Minister Narendra Modi's high-profile attendance at a global airlines conference this week underscores how much India is banking on a boom in aviation to support wider development goals, but headwinds to its ambitions are gathering force. Undeterred by the uncertainty gripping the aviation sector globally due to trade tensions and shaky consumer confidence, India's biggest airlines are ploughing ahead with orders for new planes, following record deals two year ...Read More >
New Delhi, Jun 27 (PTI) The higher oil prices triggered by a brief Israel-Iran war have come down, but it is too soon to sound the "all clear" for the rest of the year, said a finance ministry report on Friday. The ministry's monthly economic review also stressed that with no major imbalances in the macro aggregates, a subdued inflation rate combined with a growth-supportive monetary policy stance, India's macroeconomic health is in a relative goldilocks situation. Also Read | UK F-35B Lightning II Stealth Fighter Jet To Be Moved to Thiruvananthapuram Airport's Repair Facility As It Awaits R ...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 >
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 >
Trinamool Congress MP Mahua Moitra criticized Prime Minister Narendra Modi during his international tour, questioning the effectiveness of India's diplomatic efforts in isolating Pakistan globally. Moitra commented on Modi's extensive traveling and expressed concerns about Pakistan's support from international organizations. As Prime Minister Narendra Modi embarked on a multi-nation tour, he faced critical remarks from Trinamool Congress MP Mahua Moitra, who questioned why India's diplomatic act ...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 >
Mumbai: Recurring aircraft defects, unserviceable ground handling gear, and faded runway markings are among a range of safety lapses discovered by the civil aviation regulator after an intensive survey of key airports including Delhi and Mumbai. The Directorate General of Civil Aviation (DGCA) has ordered airport operators and airlines to address these safety concerns within a week. The inspections come on the heels of the June 12 crash of an Air India plane in Ahmedabad, killing 241 people on ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...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, Jul 6 (PTI) Billionaire Gautam Adani-led group's flagship firm on Sunday announced a Rs 1,000 crore NCD issue offering up to 9.30 per cent per annum. The issue opens on Wednesday, July 9, 2025, and closes on July 22, a company statement said. It offers an effective yield of up to 9.30 per cent per annum. This is Adani Enterprises' second public issuance of secured, rated, listed redeemable, non-convertible debentures. "The second public issuance of NCDs by AEL, further deepens our commitment to inclusive capital markets growth and retail participation in long-term infrastructure ...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 >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Srinagar, Jun 27 (PTI) Three persons were booked under the stringent Public Safety Act (PSA) in Jammu and Kashmir's Baramulla district for their alleged involvement in activities prejudicial to the security and sovereignty of the Union Territory (UT), police said on Friday. In a significant operation against subversive and anti-national elements, police in Sopore booked three individuals under the PSA for their continued involvement in activities prejudicial to the security and sovereignty of the UT, a police spokesman said. Also Read | UK F-35B Lightning II Stealth Fighter Jet To Be Moved t ...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 >
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/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 >
Mumbai: In a bizzare incident, an Air India flight scheduled to Bangkok from Mumbai's Chatrapati Shivaji Maharaj International Airport (CSMIA) faced delay by 5+ hours as hay from bird's nest gets stuck in the left wing of Aircaft. Video of the crew trying to clear the wing is taking rounds on social media platforms. The flight tracking website flightradar24.com shows that AI 2354, an Airbus A320Neo plane, was scheduled to depart from Mumbai airport at 7:45 am. The flight departed around 1 am. A video has been surfacing where the airport crew can be seen removing the nest from the aircraft's w ...Read More >
Kolkata, Jun 27 (PTI) The country's engineering exports conceded a marginal fall of 0.82 per cent year-on-year to USD 9.89 billion in May due to a higher statistical base and geopolitical tensions in West Asia, EEPC India said in a statement. According to EEPC, the share of engineering goods in the country's overall merchandise exports increased to 25.53 per cent during this period. India's engineering exports to the US, a top destination among major exporting countries, remained positive in May 2025 with total shipments growing 4.6 per cent to USD 1.74 billion year-on-year. Engineering shi ...Read More >
New Delhi, Jun 27 (PTI) 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. Also Read | Lohardaga Shocker: Woman Strangulated, Teen Grandson Hacked to Death in Sleep in Jharkhand, Family Feud Suspected. The jet, worth over USD 110 million and known to be one of the most advanced fighters globally, made the emergency landing at Thiruvananthapur ...Read More >
New Delhi: The Indian Air Force lost fighter jets to Pakistan on the night of May 7, 2025 during its targeting of Pakistan's terror-linked sites "only because of the constraint given by the political leadership to not attack the military establishment or their air defenses," India's defence attache to Indonesia, Captain (Indian Navy) Shiv Kumar, acknowledged at a seminar in Indonesia last month. The seminar on 'Analysis of the Pakistan-India Air Battle and Indonesia's Anticipatory Strategies from the Perspective of Air Power' was organised on June 10 by Universitas Dirgantara Marsekal Suryada ...Read More >