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.
VISAKHAPATNAM: The Indian Navy commissioned two advanced stealth frigates, INS Udaygiri and INS Himgiri, under Project 17A, at the Naval Base in Visakhapatnam on Tuesday. Defence Minister Rajnath Singh presided over the ceremony, which marked the first time two frontline surface combatants built at different shipyards were commissioned simultaneously. Addressing the gathering, the Defence Minister reaffirmed the government's commitment to self-reliance in defence manufacturing, stating, "INS Tamal was the last foreign order for the Indian Navy. No future ship for the Indian Navy will be built abroad. All will be constructed in India." He described the commissioning of the two frigates as an important step toward enhancing indigenous capabilities. Singh reiterated India's policy of restraint while asserting readiness to defend national security. "India has never attacked any country first and does not believe in displaying power. However, if our security is threatened, we know how to respond appropriately," he said. Singh highlighted the Navy's role in ensuring not only maritime security but also economic security, given the strategic importance of sea lanes for India's energy and trade requirements. The two frigates are follow-on ships of the Shivalik-class (Project 17) and incorporate improved stealth, advanced weapons, sensors, and modern propulsion systems. Both vessels are capable of performing a full range of maritime operations in blue-water conditions. INS Udaygiri was constructed by Mazagon Dock Shipbuilders Ltd. (MDL), Mumbai, while INS Himgiri was built by Garden Reach Shipbuilders & Engineers (GRSE), Kolkata. The ships were designed in-house by the Navy's Warship Design Bureau (WDB), with Udaygiri being the 100th warship designed by the bureau, marking a key milestone in five decades of indigenous design efforts.
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& ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
New Delhi, June 27 (UNI) Defence Minister Rajnath Singh held a bilateral meeting with his Chinese counterpart, Admiral Dong Jun, and stressed the importance of maintaining peace and tranquility along the India-China border, as well as resolving issues through a structured roadmap of permanent engagement and de-escalation. The meeting was held yesterday on the sidelines of Shanghai Cooperation Organisation (SCO) Defence Ministers' meeting in Qingdao, China, a Defence Ministry statement said here. Rajnath Singh acknowledged the work being undertaken by both sides to bring back semblance of nor ...Read More >
New Delhi, Jun 27 (PTI) India's biggest warship builder Mazagon Dock Shipbuilders Ltd on Friday said it has decided to acquire a controlling stake in Colombo Dockyard PLC in an all-cash deal of about Rs 452 crore. The Mumbai-headquartered shipbuilder, in a regulatory filing, said the proposed acquisition will enable the company to strengthen its position in the ship repair and shipbuilding industry by unlocking operational synergies, enhancing research development capacities and expanding market reach. Also Read | Bodoland Lottery Result Today, June 27, 2025: Assam State Lottery Sambad Frida ...Read More >
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 >
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 >
New Delhi: Defence Minister Rajnath Singh participated in the Shanghai Cooperation Organisation (SCO) summit in Qingdao, China, emphasising the need for collective action against terrorism and extremism. During his meeting with Chinese Defence Minister Dong Jun, Singh strongly condemned Pakistan-sponsored terrorism, underscoring the urgent need for cooperation to combat this global threat. Defence Minister Rajnath Singh proposed a comprehensive four-point plan to ease border tensions and improve diplomatic ties with China during a bilateral meeting with his Chinese counterpart on the sideline ...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 >
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: 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, June 27 (SocialNews.XYZ) External Affairs Minister S. Jaishankar on Friday stressed that the core objective of the Shanghai Cooperation Organisation (SCO) is to combat terrorism and that all member nations must reflect this shared goal in both words and actions. Addressing an event in the national capital, Jaishankar underlined India's consistent position that terrorism must not be justified, glorified, or shielded under any pretext -- a message that resonated with Defence Minister Rajnath Singh's refusal to endorse a joint statement at the SCO Defence Ministers' Meeting on Thursda ...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: 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, 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 >
Indus Waters Treaty: BIG tension for Pakistan as India eyes revival of this project due to... Suspension of the IWT was one of the key decisions made by the centre after the April 22 Pahalgam tragedy which had claimed 26 lives. The Indus Waters Treaty -.. DNA 9 hours ago Who is Pakistani Spy Vishal Yadav? Indian Navy Man Who Leaked Op Sindoor Details To Pak Army Vishal Yadav, a Navy HQ clerk, has been arrested for leaking sensitive military data to Pakistan's ISI, including during Operation Sindoor -- India's retaliatory strike post the Pahalgam terror attack. Yadav was reportedly lured on ...Read More >
New Delhi, June 27 (SocialNews.XYZ) Defence Minister Rajnath Singh has briefed his Belarusian, Tajik, Kazakh and Chinese counterparts on the Pahalgam terror attack and Operation Sindoor. He met them on the sidelines of the Shanghai Cooperation Organisation (SCO) Defence Ministers' meeting in Qingdao, China, on Thursday. The Ministers agreed to continue cooperation to enhance capacity building, training, military technical cooperation, and military education, amongst other areas of common interest. According to a Ministry of Defence (MoD) press release issued on Friday, Rajnath Singh briefed ...Read More >
New Delhi: After India refused to sign a joint declaration at the Shanghai Cooperation Organisation (SCO) Defence Ministers' meeting in China on Thursday, certain reports had claimed that the declaration had found a mention of the Balochistan crisis, but failed to mention the Pahalgam terror attack prompting India not to endorse the document. However, sources have clarified that these reports are completely incorrect. According to sources, the alphabet soup of the declaration document did not have either B (Balochistan) or P (Pahalgam) in its text. The document did not even have a reference t ...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 >
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 >
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 >
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 >
New Delhi [India], June 7 (ANI): Defence Minister Rajnath Singh on Saturday asserted that India has demonstrated a successful strategy to defeat terrorism, laying out five key positions on how the global community can uproot such activities, and assured retaliation against Pakistan-sponsored terrorism while showing zero tolerance against this menace. In an article titled 'We've shown how to defeat terror,' published in an English Daily, Singh reflects on India's response to the April 22 Pahalgam terror attack and India's subsequent response through Operation Sindoor, emphasising the nation's ...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: 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 >
New Delhi [India], June 27 (ANI): After India refused to sign a joint declaration at the Shanghai Cooperation Organisation (SCO) Defence Ministers' meeting in China on Thursday, certain reports had claimed that the declaration had found a mention of the Balochistan crisis, but failed to mention the Pahalgam terror attack prompting India not to endorse the document. However, sources have clarified that these reports are completely incorrect. According to sources, the alphabet soup of the declaration document did not have either B (Balochistan) or P (Pahalgam) in its text. The document did not ...Read More >
New Delhi, Jun 27 (PTI) Upgrading India's Sukhoi-30MKI fighter fleet, production of air-to-air missiles and expeditious supply of two batches of S-400 missile systems figured prominently in Defence Minister Rajnath Singh's talks with his Russian counterpart Andrey Belousov in the Chinese city of Qingdao. The two defence ministers held a bilateral meeting on the sidelines of a conclave of the Shanghai Cooperation Organisation (SCO) on Thursday. The Indian Air Force is operating around 260 Sukhoi 30-MKI jets and it is looking at upgrading the fleet under an ambitious plan. The Russian-origin ...Read More >
New Delhi, Jun 27: Defence Minister Rajnath Singh held a bilateral meeting with the Defence Minister of the Russian Federation, Mr Andrey Belousov, on the sidelines of the Shanghai Cooperation Organisation (SCO) Meeting in Qingdao, China. The two Ministers held wide-ranging discussions on regional and global security developments, cross-border terrorism, and ongoing as well as future avenues of bilateral defence cooperation. The Russian Defence Minister reaffirmed the depth and resilience of the longstanding India-Russia strategic partnership and expressed solidarity with India in the wake o ...Read More >
Mumbai: Three warships and one submarine are likely to be commissioned in about a month, a top official of the Indian Navy said on Tuesday. Addressing a press conference, Vice Admiral Sanjay J Singh, Flag Officer Commanding-in-Chief of the Western Naval Command, said the three warships - INS Nilgiri, INS Surat, INS Tushil - and submarine INS Vagsheer are expected to be commissioned in a month. "We have got four vessels that are due for induction within the next one month," Singh said. INS Nilgiri is the first ship of Project 17A and was launched in September 2019, he said. INS Surat is the fo ...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 >