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 has submitted letter of request to United States for co-production of Javelin anti-tank guided missiles (ATGMs) in the country. A top defence source who has confirmed the development said that India has shown interest and submitted the proposal to the U.S. authorities for co-production of javelin missile. The development is also aligned with 'Make In India' initiative of the NDA government. India, U.S. to ink 10-year defence framework: Pentagon "It will ensure operational readiness and r
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: A quiet splash. A dark current. And then, chaos. Concrete cracking. Steel shattering. Russia's mighty Crimean Bridge, once a symbol of unbreakable control, was torn. Not by fighter jets. Not by missiles. But by bombs, sleeping silently beneath the waves. On June 3 morning, Ukraine's security service SBU claimed responsibility for a jaw-dropping underwater strike on the Kerch Bridge, an important supply line between Russia and the occupied Crimean Peninsula. The attack, which reportedly used 1,100 kg of explosives, targeted the bridge's underwater pillars - crippling its foundation ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...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 >
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 >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to invite this esteemed class of artists, technologists, and professionals to join the Academy," said Ac ...Read More >
New Delhi, Jul 1 (PTI) Astronaut Shubhanshu Shukla is conducting scientific experiments on board the International Space Station (ISS) to understand muscle loss under microgravity conditions, a study that could lead to medicines to treat immobility among a section of the elderly. Shukla is part of the Axiom-4 private space mission to the ISS as part of a joint ISRO-NASA initiative and docked at the orbital laboratory on Thursday last week along with three other astronauts. Also Read | India Developing Its Own Bunker-Buster Missile? Reports Say DRDO Modifying Agni-5 ICBM To Carry Massive Conv ...Read More >
Itanagar, Dec 5 (PTI) The Arunachal Pradesh government has inked a memorandum of agreement (MoA) with the Indian Army for the maintenance and upkeep of the Major Ralengnao Bob Khathing Museum of Valour in Tawang district. The memorandum was signed by Tawang Deputy Commissioner Kangki Darang and Brigadier VS Rajput of the 190 Mountain Brigade on Wednesday in the presence of Chief Minister Pema Khandu. With this agreement, the museum will be effectively managed solely by the Indian Army, an official statement said here on Thursday. On the occasion, Khandu paid tributes to Sardar Vallabhbhai P ...Read More >
New Delhi, Jun 8 (PTI) A DRDO laboratory has transferred technologies of nine systems, including a mounted gun system and an anti-terrorist vehicle (tracked version), to 10 industry partners, the defence ministry said on Sunday. The licensing agreements were handed over in the presence of the Secretary, Department of Defence Research and Development, and DRDO Chairman Samir V Kamat during an event organised at the Vehicles Research and Development Establishment (VRDE) on Saturday. Also Read | AP EAPCET Results 2025 Declared at cets.apsche.ap.gov.in, Know How To Download Rank Card. In line w ...Read More >
NEW DELHI: India pushed for a permanent solution of border demarcation with China and underlined the need to solve complex issues through a structured roadmap of engagement and de-escalation, during talks between defence minister Rajnath Singh and his Chinese counterpart Admiral Dong Jun on Thursday. Singh "stressed on border management and to have a permanent solution of border demarcation by rejuvenating the established mechanism on the issue," the defence ministry said on Friday, a day after two ministers held talks at Qingdao in China on the sidelines of the Shanghai Cooperation Organisat ...Read More >
New Delhi [India], July 1(ANI): An Air India flight en route to Vienna from Delhi experienced a serious mid-air incident on June 14, during which the aircraft suddenly lost altitude by nearly 900 feet, prompting an investigation by the Directorate General of Civil Aviation (DGCA). Air India, in an official statement, confirmed that both pilots involved in the incident have been removed from active duty pending the outcome of the probe. The airline stated that the matter was reported to the DGCA immediately, by aviation regulations. Also Read | India Developing Its Own Bunker-Buster Missile? ...Read More >
Shimla (Himachal Pradesh) [India], July 1(ANI): Former Chief Minister and Leader of Opposition in Himachal Pradesh, Jai Ram Thakur, on Tuesday expressed grave concern over the extensive damage caused by rains in the state over the last two days, especially in the Mandi and Kullu districts, and lashed out at the Congress government "for failing to restore" communication and road access in affected areas. The BJP leader also launched a scathing attack on Rural Development and Panchayati Raj Minister Anirudh Singh, who has been accused of assaulting a National Highways Authority of India (NHAI) ...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 >
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, Jul 1 (PTI) Jawaharlal Nehru University will conduct its own entrance exam -- JNUEE -- for admissions in PhD courses for Korean Studies and Cinema Studies, which are not covered under the UGC-NET, while admissions for all other doctoral degree courses will be based on NET scores. According to university sources, the decision to hold JNUEE for these two programmes was taken by the respective schools. Also Read | India Developing Its Own Bunker-Buster Missile? Reports Say DRDO Modifying Agni-5 ICBM To Carry Massive Conventional Warhead. "All the deans have accepted and signed the p ...Read More >
New Delhi, Jul 1 (PTI) Union telecom minister Jyotiraditya Scindia unleashed a string of data, ranging from BSNL's consecutive profit after 18 years to connecting over 2 lakh gram panchayats with broadband, on social media platform X to counter claims of Congress President Mallikarjun Kharge on the Digital India programme. Scindia suggested to Kharge to go check on the web for telecom scams in India which will show activities related to the UPA regime while the present regime is recognised with leadership in technology. Also Read | India Developing Its Own Bunker-Buster Missile? Reports Say ...Read More >
Srinagar (Jammu and Kashmir) [India], July 1 (ANI): Inspector General of Police (IGP), Kashmir Zone, VK Birdi, on Tuesday said that comprehensive security and administrative arrangements have been put in place to ensure a smooth and safe pilgrimage for the Amarnath Yatra beginning from July 3. Speaking to ANI, IGP Kashmir Zone, VK Birdi said, "In a few days, Amarnath Yatra will begin. J&K police and the administration have made elaborate arrangements. From a security perspective, we have also implemented multi-layered and in-depth arrangements for how the police and other security forces resp ...Read More >
Jammu (Jammu and Kashmir) [India], July 2 (ANI): Jammu and Kashmir Lieutenant Governor Manoj Sinha on Wednesday flagged off the first batch of pilgrims for the Shri Amarnath Yatra, which begins today. Before the flag-off, LG Sinha offered prayers at the Yatri Niwas base camp in Jammu. As the pilgrims departed, chants of 'Har Har Mahadev' and 'Bam Bam Bhole' filled the air. Also Read | India Developing Its Own Bunker-Buster Missile? Reports Say DRDO Modifying Agni-5 ICBM To Carry Massive Conventional Warhead. Reacting to the start of the Amarnath Yatra, BJP leader Sat Sharma said, "Thousands ...Read More >
New Delhi [India], July 2 (ANI): The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as Executive Director of RBI with effect from July 1. "As Executive Director, Kesavan Ramachandran will look after Department of Regulation (Prudential Regulation Division)," said the central bank in the statement. Also Read | India Developing Its Own Bunker-Buster Missile? Reports Say DRDO Modifying Agni-5 ICBM To Carry Massive Conventional Warhead. Prior to being promoted as Executive Director, Kesavan Ramachandran was serving as Principal Chief General Manager in Risk Monitoring Department ...Read More >
Russia's nuclear doctrine has been updated to affirm its nuclear umbrella for primarily the six member states of the Collective Security Treaty Organization (CSTO), including an explicit focus on Belarus. The announcement followed a joint meeting of the CSTO's Council of Foreign Ministers, Council of Defense Ministers, and Committee of Security Council Secretaries held in Astana. According to the state news agency TASS, Russian Security Council Secretary Sergei Shoigu highlighted the revisions, emphasizing Moscow's commitment to protecting its allies under the CSTO. The CSTO, formed in 2002 ...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 >
Oslo [Norway], June 5 (ANI): The Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal, attended the MoU signing ceremonies in Oslo, as Indian maritime companies inked them with leading global players, exploring opportunities for collaboration and future business. A Memorandum of Intent (MOI) was signed by Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG, Germany and Garden Reach Shipbuilders & Engineers Ltd (GRSE) for the construction of an additional 4 numbers of 7,500 DWT multi-purpose vessels. These vessels will have hybrid propulsion and will adhere to the latest ...Read More >
New Delhi: The Federation of Western India Cine Employees (FWICE) has requested Defence Minister Rajnath Singh and Home Minister Amit Shah to immediately withdraw permission granted for the shooting of the film "Border 2' at the National Defence Academy (NDA) premises in Pune amid the ongoing controversy surrounding singer-actor Diljit Dosanjh. The singer-actor is facing a massive backlash for collaborating with a Pakistani artist, Hania Aamir, in his upcoming movie 'Sardaar Ji 3,' against the backdrop of continuing tensions between India and Pakistan. Diljit Dosanjh is currently working on ...Read More >
Kolkata: Once heavily dependent on imports, India's defence sector is poised to emerge as a global supplier, riding on a plethora of policy reforms, investments and industrial capabilities. With NATO announcing that its member nations will raise defence expenditure to 5% of GDP by 2035, there is a growing optimism in India about making it big in the export of military hardware in the developed world. One of the bright spots is the achievement of Reliance Defence, which has grabbed an export order of Rs 600 crore from Germany's major defence manufacturer Rheinmetall Waffe Munition GmbH. Relian ...Read More >
Patna (Bihar) [India], July 1 (ANI): Rashtriya Janata Dal leader (RJD) leader Tejashwi Yadav on Tuesday questioned the Special Intensive Revision (SIR) exercise being carried out by the Election Commission of India (ECI) ahead of the upcoming Bihar assembly elections and claimed that the poll body has "lost control" over its actions. He further attacked those "looting Bihar", saying that their time to loot the state was getting over, and thus, they want to cut the poor from the voters' list to remain in power. Also Read | India Developing Its Own Bunker-Buster Missile? Reports Say DRDO Modif ...Read More >
Andhra Pradesh MedTech Zone (AMTZ) managing director and founder-CEO Jitendra Sharma said the Vizag Science & Technology Cluster (VSTC) based at AMTZ is a catalyst for the convergence of science, industry and innovation. The AMTZ is translating this synergy into self-reliant healthcare solutions that advance 'Make in India' and 'Atmanirbhar Bharat', he added during a high-level meeting in New Delhi recently, according to a release here on Saturday (June 28). Spearheaded by AMTZ, the cluster brings together researchers, startups, industry and academic institutions to create scalable impact th ...Read More >
Shimla (Himachal Pradesh) [India], July 1 (ANI): Himachal Pradesh Public Works Minister Vikramaditya Singh stated that the Central Government has approved the Annual Plan of Rs 3,667 crore for the construction and upgrading of roads, bridges and related infrastructure in Himachal Pradesh for the financial year 2024-25. Singh on Monday said that the plan includes construction of bridges, road widening, installation of crash barriers and other works on national highways across various districts of the state. The Minister said that on the directions of Chief Minister Thakur Sukhvinder Singh Suk ...Read More >
Dehradun (Uttarakhand) [India], July 2 (ANI): Under the leadership of Chief Minister Pushkar Singh Dhami and Health Minister Dhan Singh Rawat, the Health Department has prepared a strict and dedicated action plan to provide pure and safe food to lakhs of devotees during the upcoming Kanwar Yatra, a statement said. Special teams of food safety officers have been deployed in Haridwar, Dehradun, Tehri, Pauri and Uttarkashi districts. These teams will regularly take samples of milk, sweets, oil, spices, beverages, etc., from the pandals and send them to laboratories for testing. If any sample doe ...Read More >