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, Sep 12 (SocialNews.XYZ) Chief of the Naval Staff Admiral Dinesh K. Tripathi on Friday commissioned a new communications base INS Aravali in Gurugram, hoping that the technology hub will boost the Navy's information dominance. In his address, Admiral Dinesh K. Tripathi said that INS Aravali provides the foundation for a robust administrative and logistical support, commensurate with the increasing scale and sophistication of facilities, thereby ensuring seamless operations. "This new base would not only be a hub of technology, but also of collaboration linking our platforms and partners across the oceans, a true embodiment of our Prime Minister's collaborative vision of MAHASAGAR, or Mutual and Holistic Advancement for Security and Growth Across Regions, and would further strengthen India's role as the Preferred Security Partner in the Indian Ocean Region," he said. Congratulating the Commanding Officer and the commissioning crew, the Chief of the Naval Staff exhorted them to uphold the Navy's core values of Duty, Honour, and Courage, "As you chart your course towards excellence through information dominance." In an impressive commissioning ceremony, Admiral Dinesh K. Tripathi was presented a 50-men Guard of Honour. Captain Sachin Kumar Singh, the first Commanding Officer of the unit, recited the invocation in Sanskrit followed by reading of the commissioning warrant. After the unveiling of the commissioning plaque by Mrs Shashi Tripathi, President NWWA, the Naval Ensign was hoisted to the tune of the National Anthem. With the last note of the National Anthem, the commissioning pennant was broken on the mast. The commissioning ceremony was also attended by VAdm Sanjay Vatsayan, VCNS, VAdm Tarun Sobti, DCNS, senior Naval officers and distinguished guests. INS Aravali, deriving its name from the unwavering Aravali range, shall support various information and communication centres of the Indian Navy, which are key to India's and the Indian Navy's command, control and Maritime Domain Awareness (MDA) framework, said an official. Guided by the motto 'Maritime Security through Collaboration', the Naval Base exemplifies a supportive and collaborative ethos, working seamlessly with naval units, MDA centres and allied stakeholders, said the official in a statement. The Crest of the base comprises central mountain imagery perfectly symbolising the unwavering and strong Aravali Range, and the rising sun representing eternal vigilance, resilience and energy, in addition to the dawn of niche technological capabilities in the field of Communications and MDA, said the statement. Thus, the Crest embodies the steadfast commitment of the Base to facilitate eternal vigilance to defend India's maritime interests, it said.
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 [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 >
The Japan Coast Guard Ship Itsukushima arrived in Chennai for the Global Ocean Voyage Training, strengthening Indo-Pacific ties. The India-Japan partnership is reinforced through cultural exchanges and a joint sea exercise, reflecting a shared maritime commitment in the region, as per an official statement from the Indian Coast Guard. The Japan Coast Guard ship, Itsukushima, has anchored at Chennai port as part of its Global Ocean Voyage Training, according to an official statement from the Indi ...Read More >
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 >
New Delhi, Aug 25 (PTI) India and Fiji on Monday firmed up an action plan to boost defence ties and agreed to jointly work for a peaceful and inclusive Indo-Pacific as Prime Minister Narendra Modi and his Fijian counterpart Sitiveni Ligamamada Rabuka held talks to expand the overall bilateral cooperation. India and Fiji may be oceans apart, but "our aspirations sail in the same boat", Modi said following the meeting. Rabuka, the prime minister of the South Pacific nation, arrived in Delhi on Sunday on a three-day trip to shore up Fiji's ties with India in a range of areas such as maritime se ...Read More >
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 >
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 >
New Delhi, Jul 19: The Indian Navy's indigenously built Survey Vessel Large (SVL), INS Sandhayak, arrived at Port Klang on its maiden port call from 16 to 19 July 2025, marking a significant step in India's expanding regional engagement in hydrographic cooperation. Designed and constructed in India, INS Sandhayak is the first of the Sandhayak-class hydrographic survey ships and was commissioned in February 2024. The vessel is equipped with advanced coastal and deep-water survey capabilities, oceanographic data collection systems, and has provisions for search and rescue operations. It is also ...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 >
Ahmedabad, June 8: The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximately four times long ...Read More >
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 >
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 >
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 >
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 >
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 >
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 >
The churning waters of the 21 Century maritime domain are no longer defined solely by steel-hulled might and firepower. Today, the true battleground lies in the unseen realms of algorithms, data streams and quantum states. The Indian Navy, a sentinel of the vast Indian Ocean Region (IOR), stands at the cusp of this technological revolution, leveraging artificial intelligence (AI) and quantum computing to secure its maritime sovereignty and amplify its geopolitical influence. India's journey into this brave new world is both a strategic necessity and an audacious leap. With China's growing nav ...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 >
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 >
Visakhapatnam, Jul 4: Sub Lieutenant Astha Poonia officially became the first woman to be streamed into the fighter stream of the Indian Navy. Paving the way for a new era of women fighter pilots in the force, and shattering barriers, Poonia also received the prestigious 'Wings of Gold' from Rear Admiral Janak Bevli, Assistant Chief of the Naval Staff (Air). According to the Ministry of Defence, the Indian Navy celebrated the graduation of the Second Basic Hawk Conversion Course at the Naval Air Station, INS Dega, in Visakhapatnam. Lieutenant Atul Kumar Dhull and Sub-Lieutenant Astha Poonia ...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 >
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 >
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: 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 >
New Delhi [India], July 2 (ANI): The Indian Navy commissioned INS Tamal (F 71) on July 1 at Yantar Shipyard, Kaliningrad, Russia, in the presence of Vice Admiral Sanjay Jasjit Singh, the Flag Officer Commanding-in-Chief, Western Naval Command. According to a release from the Ministry of Defence, V Adm Rajaram Swaminathan, Controller of Warship Production and Acquisition, and VAdm Sergie Lipin, Commander of the Baltic Fleet of the Russian Federation Navy, were also present on the occasion, along with other senior officials from the Indian and Russian Governments, Navies, and industries. Also ...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 >
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 >
KOCHI: Aiming to develop Kochi as a major hub of shipbuilding in the Indian Ocean region, the Cochin Shipyard Limited (CSL) inked a comprehensive Memorandum of Understanding (MoU) with HD Korea Shipbuilding and Offshore Engineering Ltd (KSOE), a subsidiary of HD Hyundai, one of the largest shipbuilders in the world, on Friday. The MoU sets the stage for long term cooperation between the two companies in various domains of shipbuilding and maritime development, which includes joint exploration of ship building opportunities in India and abroad, sharing of technical expertise to scale up to the ...Read More >