Abtak Logo

Business News

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.

24
BusinessAug 26, 2025 06:24 PM

India Commissions Indigenous Warships INS Udaygiri and Himgiri, Boosting Naval Capabilities

Defence Minister Rajnath Singh commissioned INS Udaygiri and INS Himgiri in Visakhapatnam, highlighting India's maritime strength and self-reliance. He praised the Navy's readiness and called the indigenously built warships symbols of national pride. Visakhapatnam (Andhra Pradesh): Defence Minister Rajnath Singh on Tuesday said India is fully capable of safeguarding its maritime boundaries and is prepared to respond swiftly and decisively under any circumstances. He was speaking at the commissio

Comments

Similar News

26
PoliticsJun 06, 2025 08:44 PM

Navy to induct first anti-submarine warfare shallow water craft 'Arnala' at Vizag on Jun 18

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 >

20
PoliticsJun 28, 2025 03:54 AM

Navy Chief Admiral Dinesh Tripathi presents service awards to 51 naval personnel at Investiture Ceremony

New Delhi [India], June 27 (ANI): Chief of the Naval Staff (CNS), Admiral Dinesh K Tripathi, presented Gallantry and Distinguished Service Awards to Naval Personnel at the Naval Investiture Ceremony held for the first time at the newly constructed Nausena Bhawan in Delhi on Friday. The awards were conferred to honour and recognise bravery, leadership, professional achievement and distinguished service of Naval Personnel. A total of 51 personnel were conferred with awards during the ceremony,y which included one Yudh Seva Medal, thirteen Nausena Medals (Gallantry), eight Nausena Medals (Devot ...Read More >

23
BusinessJul 18, 2025 09:44 AM

India News | First Indigenous Diving Support Vessel 'Nistar' to Be Commissioned into Indian Navy Today | LatestLY

Visakhapatnam (Andhra Pradesh) [India], July 18 (ANI): The Indian Navy is set to commission Nistar, the country's first indigenously designed and built Diving Support Vessel, at the Naval Dockyard in Visakhapatnam on Friday, in the presence of Union Minister of State for Defence, Sanjay Seth. In a post on X, SpokespersonNavy stated, "#Nistar - India's first indigenously designed & constructed Diving Support Vessel, to be commissioned into to the #IndianNavy today, #18Jul 25, in presence of Hon'ble Raksha Rajya Mantri, Shri@SethSanjayMP." Also Read | Is 'Cat Riding Crocodile' Video Real or Fa ...Read More >

28
OtherAug 26, 2025 04:24 PM

Boost For Indian Naval Capabilities! Stealth Frigates - INS Himgiri & INS Udaygiri - Commissioned Into Indian Navy | How These Warships Will Counter China's Influence?

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 >

22
PoliticsJun 07, 2025 01:58 AM

Explained: What Is The Underwater Bomb That Ukraine Used To Blow Up Crimea Bridge; Can India Build One Too?

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 >

30
BusinessJul 09, 2025 11:35 PM

'Keel Laying' ceremony of third fleet support ship for Indian Navy held at Kattupalli

New Delhi [India], July 9 (ANI): The Keel Laying ceremony of the third Fleet Support Ships (FSS) of the Indian Navy was held at L&T Shipyard, Kattupalli on Wednesday. According to an official press release, the Indian Navy had signed a contract with HSL for the acquisition of Five Fleet Support Ships (FSS) in Aug 2023, with deliveries commencing mid-2027. The release also mentioned that Vice Admiral Rajaram Swaminathan, Controller Warship Production & Acquisition and senior officials from the Indian Navy were also present during this ceremony. Showcasing the strength of public-private partn ...Read More >

39
BusinessJul 19, 2025 03:06 AM

India commissions indigenously built diving support vessel, to boost submarine rescue ops | India News - Times of India

NEW DELHI: India on Friday commissioned INS Nistar, its first indigenously designed and constructed diving support vessel, which can undertake complex deep-sea saturation diving and submarine rescue operations that only a few navies are capable of around the world.The commissioning of the 118-metre-long specialised warship, with a displacement of around 10,000 tonnes and over 80% indigenous content, took place at Visakhapatnam in the presence of minister of state for defence Sanjay Seth and Navy chief Admiral Dinesh K Tripathi. INS Nistar is the first of the two such vessels being built by Hin ...Read More >

38
PoliticsDec 03, 2024 10:43 PM

Schools In Puri Municipality To Remain Closed Tomorrow For Navy Day Celebration | Odisha

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 >

21
PoliticsJun 06, 2025 09:48 PM

Navy To Induct First Anti-Submarine Warfare Shallow Water Craft 'Arnala' At Vizag On June 18

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 >

21
PoliticsJun 28, 2025 07:49 AM

Indian Navy officers honoured with Gallantry awards at Naval Investiture Ceremony

New Delhi [India], June 28 (ANI): The Naval Investiture Ceremony, held at Nausena Bhawan, honoured several personnel of the Indian Navy with gallantry awards for their exemplary service. The awards were conferred to honour and recognise bravery, leadership, professional achievement, and distinguished service of Naval Personnel. A total of 51 personnel were conferred with awards during the ceremony, which included one Yudh Seva Medal, thirteen Nausena Medals (Gallantry), eight Nausena Medals (Devotion to Duty), and seventeen Vishisht Seva Medals. On being conferred with the Nausena Medal (Ga ...Read More >

24
PoliticsJun 29, 2025 08:37 AM

Arunachal's Ronie Chowpoo becomes first from state to command Indian Navy warship

Itanagar: Commander Ronie Chowpoo, a native of Namsai district, has made history as the first officer from Arunachal Pradesh to command a frontline Indian naval warship in the Eastern Fleet. This important appointment, announced Saturday, marks a major milestone and is expected to inspire the youth of Arunachal Pradesh. Ready for a challenge? Click here to take our quiz and show off your knowledge! Commander Chowpoo, a first-generation Indian Navy officer, was commissioned into the executive branch of the Navy in 2008. He is a specialist in communication and electronic warfare, having serv ...Read More >

26
PoliticsJun 30, 2025 05:20 AM

"Constraint By Political Leadership": Row Over Indian Defence Attache's Op Sindoor Remarks

India launched Operation Sindoor in response to the terror attack in Pahalgam ShowQuick Read Summary is AI-generated, newsroom-reviewed Political leadership forbade targeting Pakistani air defences in initial phase, Captain Shiv Kumar saidCongress criticised the BJP government for "misleading" the public on Operation SindoorOpposition demanded all-party meeting and special parliament session on the issue Did our AI summary help? Let us know. New Delhi: A comment by India's defence attache ...Read More >

18
PoliticsJun 30, 2025 05:43 PM

India News | Indian Navy's INS Tabar Rescues Panamanian Tanker MT Yi Cheng 6 in Gulf of Oman | LatestLY

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 >

36
BusinessJul 02, 2025 12:43 AM

100th indigenously manufactured stealth frigate Udaygiri delivered to Indian Navy

NEW DELHI: The delivery of the indigenously manufactured stealth Frigate Udaygiri to the Indian Navy on Tuesday marked a rare landmark in the history of the Force. Yard 12652 (Udaygiri), the second ship of Project 17A stealth frigate, being built at Mazagon Dock Shipbuilders Limited (MDSL), became the 100th ship to be designed and delivered by the Indian Navy's in-house Warship Design Bureau. The Indian Navy in its statement said, "The Project is a follow-on of the Shivalik class (Project 17) frigates active in service. Udaygiri is the second among the seven P17A frigates under construction ...Read More >

24
OtherHealthBusinessPoliticsJul 19, 2025 08:34 AM

Give saffron party a chance to fulfill your aspirations: BJP chief

Medak: Telangana State BJP President N. Ramchander Rao on Friday appealed to the people to give the committed party an opportunity to meet the aspirations of the poor and downtrodden. Addressing a large gathering of party workers in Medak, the BJP chief remarked that citizens have experienced the rule of the BRS and the Congress party and have had bitter experiences with the deceitful practices of both. He urged people to support the BJP wholeheartedly in the upcoming local body elections as a way to teach the ruling Congress party a lesson for its unfulfilled promises. Rao emphasized that t ...Read More >

29
PoliticsAug 02, 2025 12:10 AM

Vice Admiral Sanjay Vatsayan takes charge as Vice Chief of Naval Staff

New Delhi, Aug 1: Vice Admiral Sanjay Vatsayan, AVSM, NM, assumed charge as the 47th Vice Chief of the Naval Staff (VCNS) on Thursday. Marking the occasion, he laid a wreath at the National War Memorial in New Delhi, paying tribute to fallen soldiers. Commissioned into the Indian Navy on January 1, 1988, Vice Admiral Vatsayan is a specialist in Gunnery and Missile Systems and an alumnus of the National Defence Academy, Pune. His naval career spans over three decades, with extensive experience in command, operational, and strategic roles. He has served on several frontline warships including ...Read More >

20
PoliticsAug 26, 2025 05:51 PM

Double commissioning of Udaygiri and Himgiri scripts a new chapter in maritime history

Visakhapatnam: India never believes in exhibiting its might and never attacked any country first. But when the security is at stake, India knows how to give an appropriate response, Defence Minister Rajnath Singh emphasised. Presiding over the Indian Navy's commissioning ceremony of INS Udaygiri and INS Himgiri in Visakhapatnam on August 26 (Tuesday), the Defence Minister underlined that the commissioning of the two frontline surface combatants is a proof of India's vision and commitment towards Atmanirbhar Bharat. Scripting a new chapter in maritime history, the Indian Navy commissioned two ...Read More >

22
PoliticsDec 15, 2024 01:27 PM

Navy Chief Dinesh K Tripathi embarks on 4-day visit to Indonesia to enhance bilateral ties

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 >

37
PoliticsJun 27, 2025 05:42 AM

SCO Summit: India nixes Pakistan-China bid to push their line on terror

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 >

28

TN custodial death: Can state kill own citizens, asks livid Madras high court | Chennai News - Times of India

MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >

21
BusinessJul 11, 2025 10:16 AM

India News | Keel Laying of Navy Fleet Support Ship Held | LatestLY

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 >

28
PoliticsJul 02, 2025 01:59 AM

INS Tamal Commissioned into Indian Navy in Russia

New Delhi, Jul 1: The Indian Navy commissioned INS Tamal on July 1 at Yantar Shipyard in Kaliningrad, Russia. The stealth frigate, built under Project 1135.6, is the eighth in the series and second of the Tushil-class. It was inducted in the presence of senior Indian and Russian naval officials, including Vice Admiral Sanjay Jasjit Singh. INS Tamal is equipped with advanced Indian and Russian weapons systems, including the BrahMos missile and Humsa-NG sonar. With a crew of 276, the warship is designed for multi-dimensional blue-water operations and is set to join the Western Fleet. The ship ...Read More >

31

CM Reviews Mubarak Mandi Restoration, Stresses Heritage Appeal

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 >

25

Fight Against Drugs: Revanth asks schools, colleges to be vigilant

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 >

34
PoliticsJul 01, 2025 02:39 PM

Indian Navy contains fire on board vessel with 14 Indian crew

New Delhi, Jul 1 (PTI) The Indian Navy contained a fire on board a Palau-flagged tanker in the North Arabian Sea and ensured safety of 14 of the vessel's Indian crew members. The Navy swung into action and launched the fire-fighting operation after receiving a distress call from the vessel on Sunday. The vessel reported a major fire in its engine room while operating approximately 80 nautical miles east of Fujairah in the United Arab Emirates (UAE). "The Indian Navy undertook a high-risk fire fighting and rescue operation on-board Palau-flagged tanker MT Yi Cheng 6 on June 29 in the North A ...Read More >

17
PoliticsJul 02, 2025 01:09 AM

Indian Navy commissions latest frigate INS Tamal

NEW DELHI: The Indian Navy on Tuesday commissioned INS Tamal (F71), a multi-role stealth guided missile frigate at the Yantar Shipyard in Kaliningrad, Russia. INS Tamal is the eighth multi-role stealth frigate in the series of Project 1135.6 and the second of the additional follow-on Tushil class of ships. The first ship of Tushil class (INS Tushil) was commissioned on 09 Dec 24 in the presence of the Defence Minister. The Indian Navy in a statement said, "All seven ships inducted thus far are part of the Western Fleet - 'The Sword Arm' of the Indian Navy under the Western Naval Command. Thi ...Read More >

32
PoliticsJul 18, 2025 07:55 PM

INS Nistar is not just a technological asset, but crucial operational enabler: Naval Chief Admiral Dinesh Tripathi

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 >

33
PoliticsDec 03, 2024 11:16 PM

3 Warships And 1 Submarine Likely To Be Commissioned In A Month: Top Navy Official

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 >

20
TechnologyDec 04, 2024 05:41 PM

India's Rs 21,772 crore naval defence boost: What it means for maritime security

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 >

21
PoliticsJun 27, 2025 09:12 AM

India declines to sign SCO draft over omission of Pahalgam terror attack

SCO conclave: India refuses to sign draft over Pahalgam terror attack ommision The SCO operates under the framework of consensus, and Singh's refusal to endorse the document resulted in the SCO defence ministers' conclave ending without a joint communique Defence Minister Rajnath Singh on Thursday refused to sign a joint communique of the Shanghai Cooperation Organisation (SCO) following the omission of the Pahalgam terror attack and not explicitly addressing India's concerns over Pakistan-backed cross-border terrorism. The SCO operates under the framework of consensus, and Singh's refusal t ...Read More >