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.
Puri: Renowned international sand artist Manas Kumar Sahoo has created an impressive sand art display on the Golden Beach of Puri to commemorate Indian Navy Day. The artwork beautifully captures the essence of the Indian Navy and its significance, conveying the theme "The Crown Jewel." Spanning an impressive 20 feet in width and created using 10 tons of sand, this masterpiece took Sahoo a dedicated 7 hours to complete. Through his intricate artistry, he has depicted the story of the Indian Navy, showcasing its valor, dedication, and pivotal role in safeguarding the nation. The artwork stands as a tribute to the Navy's contribution and resonates with pride and patriotism. The sand art adds to the grandeur of the Indian Navy Day celebrations in Puri, this sand sculpture attention to the Navy's excellence and inspiring admiration for its service.
Visakhapatnam: In a major boost to the naval power, two multi-mission stealth frigates - INS Udaygiri and INS Himgiri - have been commissioned into the Indian Navy. Defence Minister Rajnath Singh presided over the commissioning ceremony held at the Eastern Naval Command in Vishakhapatnam. Both warships belonged to the Nilgiri class frigates. INS Udaygiri and INS Himgiri are part of the Indian Navy's state-of-the-art Project 17 A. Notably, it is for the first time that the two frontline warships are being commissioned simultaneously. Two state-of-the-art combatant platforms join the Indian Nav ...Read More >
Aridhaman carries double the missile strike capability and an extended operational range. ShowQuick Read Summary is AI-generated, newsroom-reviewed * INS Aridhaman, the third indigenous nuclear submarine, was inducted into the Indian Navy * It weighs 7,000 tons and is 90 per cent constructed with indigenous technology * Aridhaman carries double the missile strike capability of its predecessors Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: The third indigenous nuc ...Read More >
A third vessel, Jag Vikram, is still in the west of the Strait of Hormuz, the data showed. The U.S.-Israeli war against Iran has all but halted shipping through the strait, but Iran says "non-hostile vessels" may transit the waterway if they coordinate with Iranian authorities. Green Asha and Green Sanvi have crossed the Gulf area and are in the eastern Strait of Hormuz, the data showed, taking the total number of Indian-flagged LPG carriers that have traversed the Strait to eight. India is gr ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite MI's dominant chase of 220. KKR seemed in control after posting a commanding 220/4, but the script ...Read More >
The Indian Navy on Tuesday received INS Malwan - the second Anti-Submarine Warfare Shallow Water Craft (ASW SWC) built by Cochin Shipyard Limited in Kochi, a government statement said. The vessel is part of a series of eight ships being constructed to strengthen India's coastal defence and underwater surveillance capabilities. Designed and built indigenously by CSL in accordance with Indian Navy requirements and the classification standards of DNV - a globally recognised Norway-based classificat ...Read More >
Mandya: Auto drivers in Mandya are facing severe difficulties as an ongoing shortage of LPG has disrupted operations at local auto fuel bunkers, impacting their daily livelihoods. Several fuel bunkers across the city have remained closed for days, with "No Stock" boards displayed outside, leaving drivers unable to refuel their vehicles and continue regular operations. Many drivers, who depend entirely on daily fares to sustain themselves and operate vehicles purchased on loans, have expressed growing anxiety over the uncertain situation. The shortage has been linked to escalating tensions a ...Read More >
India is set to receive its first Iranian crude oil shipment in seven years after temporary US sanctions relief, a report has claimed. India is poised to receive its first shipment of crude oil from Iran in seven years after the United States temporarily lifted sanctions on Iranian oil and refined products to address supply shortages, according to a Reuters report citing ship tracking data from LSEG and Kpler. State-run Indian Oil Corp (IOC), the country's largest refiner, has purchased the car ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrates advanced systems from leading Indian defence firms, including Bharat Electronics Limited (BEL), L&T ...Read More >
New Delhi [India], June 30 (ANI): In a swift and decisive operation, the Indian Navy's stealth frigate INS Tabar responded to a distress call from the Panamanian-flagged tanker MT Yi Cheng 6 in the Gulf of Oman on June 29. The vessel, carrying 14 Indian crew members and transiting from Kandla, India, to Shinas, Oman, reported a major fire in its engine room, resulting in a complete power failure. Also Read | Waqf Act Controversy: RJD Leader Tejashwi Yadav Call for 'Throwing Waqf Act in Dustbin' Sparks Political Storm, Parties Trade Barbs. In a post on X, the Indian Navy spokesperson said, " ...Read More >
NEW DELHI: The Indian Navy commissioned DSC A20, the first of the five Diving Support Craft (DSC), built indigenously by M/s Titagarh Rail System Limited, during a ceremony held at Naval Base, Kochi, on Tuesday. As per the MoD, the Craft features a catamaran hull form, the ship offers superior stability, enhanced deck area, improved seakeeping characteristics, and has a displacement of approximately 390 tons. Fitted with state-of-the-art Diving Equipment, the vessel would play a vital role in underwater repairs & inspections, harbour clearances and critical diving missions in coastal waters. ...Read More >
Mumbai, April 1: The Indian Navy has taken delivery of 'Malwan', the second Anti-Submarine Warfare Shallow Water Craft (ASW SWC) built by Cochin Shipyard Limited, marking a step forward in India's push for indigenous defence manufacturing. The induction is part of the government's Atmanirbhar Bharat programme aimed at strengthening domestic capabilities in defence production. 'Malwan' is the second of eight planned shallow water anti-submarine warfare vessels being constructed for the Navy, with over 80% indigenous content, reflecting increasing participation from Indian industries, including ...Read More >
New Delhi: India-flagged large gas carrier Green Sanvi has safely transited the Strait of Hormuz on Friday night, carrying approximately 46,650 metric tonnes of Liquefied Petroleum Gas (LPG) cargo, official sources said. Earlier on March 28, a shipment of 47,000 metric tonnes of liquefied petroleum gas (LPG) arrived at the Vadinar Terminal of DPA Kandla in Jamnagar, Gujarat, on Saturday. The vessel, MT Jag Vasant, is set to transfer its cargo to another ship at anchorage through a Ship-to-Ship (STS) operation. Indian Navy warships were on standby to provide support to the merchant vessels, ...Read More >
Puri: Marking World Health Day, renowned sand artist and Padma Shri awardee Sudarsan Pattnaik on Tuesday created a striking sand sculpture at Puri Beach in Odisha, saluting frontline workers and spreading the message, 'Together for Health, Stand with Science'. The elaborate sculpture, standing approximately six feet tall, was crafted using several tonnes of sand and showcased Pattnaik's signature style of blending art with social messaging. Assisted by students from his sand art institute, the installation depicted human figures symbolising unity, compassion, and the crucial role of science i ...Read More >
Chennai, Jul 11 (PTI) The Keel Laying ceremony of the third Fleet Support Ships (FSS) for Indian Navy was held at the L&T Shipyard at Kattupalli here on Wednesday. The ceremony was held in the presence of Vice Admiral Rajaram Swaminathan, Controller Warship Production & Acquisition, and senior officials from the Indian Navy, Hindustan Shipyard Ltd HSL and L&T, a PIB (Defence) release on Friday said. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for July 11, 2025 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game. It said the Indian Navy had signe ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
Kaun Banega Crorepati is back with its 17th season and an upcoming Independence Day special promises to be inspiring. The episode will feature three women officers from the Indian Armed Forces - Colonel Sofiya Qureshi, Wing Commander Vyomika Singh and Commander Prerna Deosthalee. In a recently released promo, Col Sofiya was on the hot seat with the other two officers as they share stories from Operation Sindoor. She tells Amitabh Bachchan about Operation Sindoor that took place after terrorists ...Read More >
NEW DELHI: A day before Zionist entity and the United States attacked Iran on February 28, the Indian flagged LPG tanker Pine Gas loaded cargo at the United Arab Emirates' Ruwais port, hoping to reach home within a week. However, it would be nearly three weeks before the vessel safely transited the Strait of Hormuz, after Iran began selectively allowing ships through the narrow waterway. Pine Gas Chief Officer Sohan Lal said the ship's 27 Indian crew had seen missiles and drones flying overhead every day as they waited. In a video seen by Reuters, at least five projectiles can be seen streaki ...Read More >
KOCHI: The Cochin Shipyard Ltd (CSL) delivered the second anti-submarine warfare shallow water craft to the Indian Navy on Tuesday. The CSL had signed a Rs 6,311-crore contract with the Navy in 2019, to construct eight Anti-Submarine Warfare Shallow Water Craft. The first vessel of the series was delivered in October 2025. The vessel, named Malwan, has been indigenously designed and constructed by the CSL according to the Navy's specifications. 'Malwan' draws its name from the historic coastal town of Malwan in Maharashtra, a region intrinsically linked to the illustrious maritime heritage o ...Read More >
NEW DELHI: INS Aridaman, India's indigenous nuclear-powered submarine, will be commissioned into the Indian Navy on Friday by defence minister Rajnath Singh, news agency ANI reported.Meanhile, Rajnath Singh in a post on X hinting at the launch of the submarine said, ""It is not just words, it is power, 'Aridaman'!""India's sea-based nuclear deterrent is set to get a major boost with the commissioning of its third indigenously built Arihant-class nuclear-powered ballistic missile submarine (SSBN), INS Aridhaman (S4), likely by April-May, defence sources said.Built under the Advanced Technology ...Read More >
New Delhi, April 4 (SocialNews.XYZ) The Steel Authority of India Limited (SAIL) has played a pivotal role in the construction of 'INS Taragiri' -- the fourth stealth frigate under Project 17A -- which was commissioned into the Indian Navy recently, the Maharatna PSU said on Saturday. The 6,670-tonne frigate was commissioned in the presence of Defence Minister Rajnath Singh at Visakhapatnam. Designed by the Navy's Warship Design Bureau and built by Mazagon Dock Shipbuilders Limited, the vessel is equipped for multi-role operations and features advanced stealth capabilities. According to SAIL ...Read More >
Thane, Apr 5 (PTI) A family from Maharashtra's Thane district was allegedly swindled of more than Rs 1.66 crore by a man who exploited their fear of "black magic" and promised them divine remedies through elaborate rituals and pilgrimages, police said on Sunday. The Kasarvadavali police district on April 2 registered a first information report (FIR) against Manjunath Shetty, a resident of Andheri in neighbouring Mumbai, based on the family's allegations that they were manipulated into paying the accused over a period of two years to "neutralise black magic" performed by a relative, an officia ...Read More >
Bhubaneswar: The Indira Gandhi National Open University (IGNOU) on Tuesday launched two online courses on sand art through the SWAYAM platform. The initiative is a collaboration with Padma Shri awardee and internationally-acclaimed sand artist Sudarsan Pattnaik.The two courses, titled 'Introduction to Sand Art' and 'Principles and Formats of Sand Art', were designed and delivered by Pattnaik himself, bringing his decades of experience and global acclaim in sand sculpting into a structured online format. Available to learners of all age groups and backgrounds, the courses aim to nurture creativ ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
Kochi (Kerala) [India], October 24 (ANI): 'Mahe', which is the first of eight Anti-Submarine Warfare Shallow Water Crafts (ASW SWC) being built by Cochin Shipyard Limited (CSL), Kochi, was delivered to the Indian Navy on Friday, as per a press release by the Ministry of Defence. 'Mahe', named after the historic port town in the Union Territory of Puducherry, symbolises India's rich maritime heritage. Also Read | Bihar Assembly Elections 2025: Election Commission Asks Parties To Disclose if Campaign Content Is AI-Generated. The vessel has been indigenously designed and constructed by CSL, re ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...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 >
Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday directed officials to prepare a comprehensive report on the value of minerals available across the State, emphasising that value addition was key to generating higher revenues. Reviewing the functioning of the Mines Department and the Free Sand Policy at the Secretariat on Friday, the Chief Minister said Andhra Pradesh should emulate models like Odisha, which earns over ₹50,000 crore annually from minerals through value-added process ...Read More >
Indian Navy receives Malwan, second indigenous shallow water anti submarine warfare craft from Cochin Shipyard, boosting Atmanirbhar Bharat and coastal defence capabilities. In a boost to India's indigenous defence manufacturing programme, the Indian Navy has taken delivery of 'Malwan', the second Anti-Submarine Warfare Shallow Water Craft (ASW SWC) built by Cochin Shipyard Limited in Kochi. The induction marks another milestone under the government's Atmanirbhar Bharat push to strengthen self-r ...Read More >
New Delhi, July 9 (SocialNews.XYZ) Prime Minister Narendra Modi has emplaned for Namibia -- the final stop of his five-nation visit -- after wrapping up his State Visit to Brasilia where he met Brazil President Luiz Inacio Lula da Silva and also attended the 17th BRICS Summit in the Brazilian city of Rio de Janeiro. Taking to X, the PMO wrote: "PM @narendramodi has boarded for Namibia, the final destination of his tour" Also, External Affairs Ministry spokesperson Randir Jaiswal wrote on X: "PM @narendramodi concludes a productive visit to Brazil and emplanes for Namibia. A memorable visit t ...Read More >