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 [India], July 18 (ANI): India successfully test-fired Short-Range Ballistic Missiles (SRBM), Prithvi-II and Agni-I, from the Integrated Test Range in Odisha's Chandipur, the Ministry of Defence said in an official statement. The launches took place on Thursday, during which all operational and technical parameters were validated. These tests were conducted under the aegis of the Strategic Forces Command. On July 16, India achieved a significant milestone by successfully destroying two Aerial high-speed unmanned targets at high altitude in Ladakh by Akash Prime, the upgraded variant of the Akash Weapon System for the Indian Army. The weapon system is customised to operate at altitudes above 4,500 meters and has the latest upgrades, including an indigenously developed Radio Frequency seeker, as per the release. Based on the operational feedback from users, various upgrades have been made to improve the operational effectiveness, demonstrating the advantage of the ecosystem created for the indigenous weapon system. According to the statement, Army Air Defence and DRDO, in conjunction with Defence PSUs such as Bharat Dynamics Limited and Bharat Electronics Limited, and other Industry Partners, have successfully validated the indigenously designed and developed Akash Prime Weapon System. The trials were done as part of the First of Production Model firing trial and will further enable timely induction and enhance the Air Defence potential in high-altitude frontiers of the country, as per the release. This achievement carries added significance as it follows the exceptional performance of India's indigenously developed air defence systems during Operation Sindoor. It marks a major step forward for the nation's missile development programs, which are now gaining increasing attention in the global defence market. According to the release, Defence Minister Rajnath Singh has complimented the Indian Army, DRDO, and the industry on this remarkable achievement. He described the success as a significant boost to India's Air Defence capabilities, particularly for meeting high-altitude operational requirements. According to the statement, Secretary, Department of Defence R&D and Chairman of DRDO Samir V Kamat, congratulated the teams associated with the successful test and stated that the missile has met the country's critical air defence requirements for high altitude. (ANI)
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 >
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 >
Itanagar (Arunachal Pradesh) [India], January 17 (ANI): Arunachal Pradesh Chief Minister Pema Khandu while addressing the Deputy Commissioners from across the state on Friday at the two-day Sashakt Arunachal Conference of Deputy Commissioners (DC), asserted that shying away from problems was not the way forward but finding a solution to problems and moving ahead was the solution. Giving his concluding remarks at the event held in Itanagar, he said, "There will be problems faced by the deputy commissioners, yes. But we need to find solutions and move forward. It is said that we humans use at t ...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 >
Ladwa (Haryana) [India], May 22 (ANI): Haryana Chief Minister Nayab Singh Saini on Thursday carried out the Tiranga Yatra to honour armed forces for Operation Sindoor. The CM, in his address to the people, stated that the rallies were occasions to pay true homage to the sense of patriotism and sacrifice. "Tiranga Yatra is being organised in Ladwa today. Tiranga Yatras are being organised across the country...These Yatras are not just events but occasions to pay true homage to the sense of patriotism and sacrifice...This Yatra is not just of the tricolour, this is a Yatra of our pledge, brave ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
Amritsar (Punjab) [India], June 6 (ANI): Pro-Khalistan slogans were raised by several people at the Golden Temple in Amritsar on the 41st anniversary of Operation Blue Star on Thursday. People raised slogans of 'Khalistan zindabad' as SAD (Mann faction) leader Simranjit Singh Mann reached the Golden Temple on the 41st anniversary of Operation Blue Star and also the death anniversary of Jarnail Singh Bhindranwale, who was killed during the operation. Also Read | Goa: Man Held for Trying to Trade Sensitive Data Online Using Cryptocurrency Transactions. Operation Blue Star was a 10-day militar ...Read More >
As a part of the new agreement between Mazagon Dock and BEML, Mazagon Docks will make facilities available to BEML's research team in exchange for their technical support to design and manufacture strategic equipment, reported PTI. The government-owned BEML Ltd. (formerly known as Bharat Earth Movers Ltd) announced on Wednesday, November 27, that it has signed an agreement with Mazagon Dock Shipbuilders to develop technologies for the marine industry, news agency PTI reported. According to the company statement cited by the agency, the company aims to leverage the opportunity to expand its e ...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 >
Indian Army Chief General Upendra Dwivedi stated that the army has shifted Jammu and Kashmir's focus from "terrorism to tourism" while working towards 'Viksit Bharat 2047.' He emphasized the army's contribution to national security, development, and disaster relief, highlighting its role in achieving a "Progressive" and "Peaceful" India.Chief of Army Staff (COAS), General Upendra Dwivedi said that while moving towards the goal of 'Viksit Bharat 2047,' the army has been able to transform the idea of Jammu and Kashmir from "terrorism to tourism." While addressing an event at Savitribai Phule Pu ...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 >
India's Indigenous Light Tank: A Key Weapon System For High-Altitude Combat Friday, December 13, 2024 by Indian Defence News India's indigenous light tank, Zorawar, represents a significant advancement in the country's defence capabilities, particularly for operations in high-altitude regions. Developed by the Defence Research and Development Organisation (DRDO) in collaboration with Larsen & Toubro (L&T) and supported by various Micro, Small, and Medium Enterprises (MSMEs), the Zorawar is designed to meet the operational demands highlighted during the 2020 standoff with China in Eastern Lada ...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 >
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 >
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 >
Subathu (Himachal Pradesh) [India], June 5 (ANI): A strength of 158 Agniveers passed out in an impressive Passing Out Parade at the historical Salaria Stadium of 14 Gorkha Training Centre in Subathu, an official release said on Thursday. The recruits, who swore allegiance to the Indian Republic, underwent rigorous training for over 31 weeks in various aspects of physical fitness, battle and field craft, weapons, and tactics. Also Read | Delhi: High-Level US Team Arrives for Talks on Bilateral Trade Pact With India. As per the release, the Agniveers would now be joining the Gorkha Battalions ...Read More >
Sonitpur (Assam) [India], June 6 (ANI): As the swelling Brahmaputra's raging floodwaters submerge vast areas of Tezpur, local residents are demanding immediate action from the state government to prevent further soil erosion and houses from getting washed away. A local resident said, "One or two houses have been washed away. In the Bhomoraguri village, under the Tezpur Legislative Assembly constituency, Sonitpur district, a large portion of land along with many homes at Bairagi Tila has been swallowed by the river, leaving everyone in a state of panic. Similarly, due to the intense erosion by ...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 >
Belagavi (Karnataka), Dec 26 (VOICE) Karnataka Chief Minister Siddaramaiah, on Thursday, paid his final respects to the mortal remains of the soldiers in Belagavi who died in an accident in Jammu and Kashmir. At the War Memorial in Belagavi, the CM offered floral tributes to the mortal remains of Subedar Dayanand Tirukannavar and Mahesh Marigond. Speaking to the media afterwards, the Chief Minister said, "The lives and careers of soldiers are of the highest honour. It is deeply saddening that soldiers from our state have been martyred in an accident. I pray for the peace of the souls of the f ...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 >
New Delhi, Jun 6 (PTI) Tata Electronics on Friday said it has inked a pact with Bharat Electronics Limited (BEL) to boost the development of indigenous electronics and semiconductor solutions. The signing of the Memorandum of Understanding (MoU) marks a significant step forward for Tata Electronics and BEL in jointly exploring end-to-end solutions to meet domestic requirements, according to a release. BEL, a Navratna PSU under the Indian Defence Ministry, specialises in design, development, and manufacture of advanced electronics systems. The MoU was signed on June 5, 2025, by Randhir Thaku ...Read More >
New Delhi [India], December 12 (ANI): Union Minister for Steel and Heavy Industries, HD Kumaraswamy, launched India's Green Steel Taxonomy at Vigyan Bhavan on Thursday. This landmark framework aims to revolutionize the steel industry by decarbonizing production processes and promoting environmentally responsible practices. The initiative signifies a major step toward aligning one of India's most vital industries with global sustainability goals. The event witnessed the presence of prominent dignitaries, including Minister of State for Steel and Heavy Industries, Bhupathi Raju Srinivasa Varma ...Read More >
Dehradun, Jun 5 (PTI) Lt Gen Anindya Sengupta, General Officer Commanding-in-Chief (GOC-in-C) Central Command, on Thursday flagged off a motorcycle expedition 'Kumaon Quest' aimed at engaging the youth, promoting women empowerment and border tourism in Kumaon hills. The nine-day expedition will navigate through the rugged and picturesque terrain of the Kumaon region of Uttarakhand with focus on promoting national initiatives such as the Agnipath Scheme, Join Indian Army and the Vibrant Village Programme, a press release issued by the PIB's defence wing said. Led by a woman officer, the rally ...Read More >
Lucknow, Jun 6 (PTI) Kalimullah Khan, popularly known as the 'Mango Man' of India, has named a newly developed mango variety after Defence Minister Rajnath Singh. Grown using his signature grafting technique in his Malihabad orchard, the new variety has been named 'Rajnath Aam'. Khan, who has earlier named mango varieties after several prominent Indian personalities, including Sachin Tendulkar, Aishwarya Rai, Akhilesh Yadav, Sonia Gandhi, Narendra Modi, and Amit Shah, was awarded the Padma Shri for his unique contributions and dedication to horticulture and fruit breeding. Speaking about hi ...Read More >
New Delhi, Dec 12 (PTI) President Droupadi Murmu on Thursday conferred the honorary rank of 'General of Indian Army' on Nepal's Army chief General Ashok Raj Sigdel at a ceremony here. There has been a tradition of conferring the title of Honorary General on the Army chiefs of Nepal and India since 1950. The President "conferred the Honorary Rank of General of the Indian Army on Suprabal Janasewashree General Ashok Raj Sigdel, Chief of the Army Staff, Nepali Army, at a special investiture ceremony held at Rashtrapati Bhavan for his commendable military prowess and immeasurable contribution to ...Read More >
The development comes three months after the tank fired for the first time at the Mahajan firing range near Bikaner. The Defence Research and Development Organisation (DRDO) then announced that it had successfully conducted the preliminary field trials of the tank whose performance was exceptional. The tank has been designed as a 25-tonne class armoured fighting vehicle to meet the requirements of the armed forces for high altitude applications, the ministry said in a statement on Thursday. "Th ...Read More >
"I am very happy to come here. I along with my team will visit the Ram Temple for the darshan of Ram Ji. The Ram Temple symbolises the cultural and religious relations of India and Nepal," Sigdel said. Sigdel visit to Ayodhya is part of the final leg of his four-day India tour which commenced on December 11 and is set to conclude today. On December 13, Sigdel held multiple engagements to solidify the defence cooperation between New Delhi and Kathmandu, the Ministry of Defence stated. Sigdel's ...Read More >