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 will host the 5th Coast Guard Global Summit (CGGS) in Chennai in 2027, coinciding with the Indian Coast Guard's (ICG) 50th anniversary. The three-day summit will include an International Coast Guard Fleet Review and a World Coast Guard Seminar, aimed at enhancing cross-border collaboration and advancing dialogue on maritime security and cooperation. The decision to hold the next CGGS in India was reached by consensus during the 4th edition of the summit, held in Rome on September 11-12, 2025. The event was attended by delegates from 115 countries and international organisations, reflecting broad international support for India's leadership role. Director General of the Indian Coast Guard, Paramesh Sivamani, emphasised that no single nation can address maritime challenges alone. He said the 2027 Chennai summit would provide an inclusive platform to foster interoperability, trust, and cooperation among Coast Guards globally. The summit will focus on common maritime threats and aim to build consensus around shared responses. The planned events are expected to strengthen international coordination and support knowledge-sharing to better address evolving security and environmental issues at sea. At the Rome summit, DG Sivamani formally took over the CGGS Presidency from the Italian Coast Guard, thanking both Italy for hosting and Japan for its continued role as the CGGS Secretariat. He described the summit as a key mechanism for enhancing global Coast Guard cooperation. On the sidelines of the Rome meeting, DG Sivamani held bilateral talks with the Commandant of the Italian Coast Guard. Their discussions focused on operational collaboration under the India-Italy Joint Strategic Action Plan 2025-2029, including maritime search and rescue (M-SAR), pollution response, environmental protection, information-sharing, maritime crime prevention, and capacity building. The Chennai summit is expected to offer new opportunities for regional and global Coast Guards to address mutual concerns, enhance joint operations, and improve operational understanding across maritime domains.
Jaipur, Jun 5 (PTI) Chief Minister Bhajanlal Sharma on Thursday called upon people to adopt an environment-friendly lifestyle and said that the conservation of nature is the moral responsibility of all. He was addressing a state-level programme organised here on the occasion of World Environment Day and Ganga Dussehra. Sharma said that the conservation of nature is not just an option but a dire necessity. Environmental conservation and preventing the ill effects of climate change is our moral responsibility and duty. Water conservation in Rajasthan has been an integral part of the state's c ...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 >
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 >
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 >
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 >
New Delhi, Jun 30 (PTI) The coast guards of India, Japan, the US and Australia have launched the first-ever "Quad-at-sea" mission to boost operational coordination and interoperability in the Indo-Pacific. The decision to launch the mission was taken at the four-nation's grouping annual summit in Wilmington in September last year that was attended by Prime Minister Narendra Modi and other Quad leaders. "In a significant stride toward strengthening maritime security and interoperability in the Indo-Pacific, the coast guards of India, Japan, the United States, and Australia have launched the f ...Read More >
New Delhi: July 3 is International Plastic Bag Free Day. However, across Delhi, single-use plastic (SUP) bags, including those prohibited since 2018, are being used by shopkeepers and customers. Disposable cutlery and drinking straws made of plastic have also resurfaced in the marketplace.Despite restrictions imposed three years ago in July on single-use plastic, plastic items, particularly low-quality polythene bags below 50-micron thickness banned in 2018, continue to be extensively used without consequences. While several initiatives were undertaken to encourage the use of alternative mater ...Read More >
Sultanpur Lodhi (Kapurthala), Jul 16 (PTI) Punjab Chief Minister Bhagwant Mann on Wednesday called upon people to take a pledge to curb the depletion of groundwater and control environmental pollution. Addressing a gathering during an event to mark the 25th anniversary of the cleaning of the Kali Bein rivulet, Mann said, although Punjab is known as the land of rivers, the state is currently facing a severe water crisis, making water conservation a major challenge. Also Read | Madhya Pradesh Sho ...Read More >
Andhra Pradesh government launched a massive greening campaign on World Environment Day, initiating "Vana Mahotsav" and an "End Plastic Pollution" drive. The goal is to increase the state's green cover from 29 to 50 percent by planting one crore saplings statewide. The initiative includes advanced monitoring and aims to achieve 37 percent green cover by 2029.The Andhra Pradesh government on Thursday launched a massive greening campaign to mark World Environment Day, aiming to increase the state's ...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 >
New Delhi [India], June 7 (ANI): The Ministry of Statistics and Programme Implementation (MoSPI), in partnership with NITI Aayog and the World Bank as a knowledge partner, organised a two-day National Workshop entitled 'Using Alternate Data Sources and Frontier Technologies for Policy Making.' This event took place at Bharat Mandapam in New Delhi on June 5 and 6. The National Workshop concluded with a Valedictory Session on 6 June. According to the release, the Valedictory Session was graced by Prof. Ajay Kumar Sood, Principal Scientific Advisor (PSA) to GoI as the Chief Guest; Prof. Abhay K ...Read More >
New Delhi [India], July 9 (ANI): The Indian delegation, led by TK Ramachandran, IAS, Secretary, Ministry of Ports, Shipping and Waterways, Government of India, is participating in the 134th session of the Council of the International Maritime Organisation (IMO) in London. On the opening day of the session, India delivered a strong and principled statement addressing recent maritime incidents involving foreign-flagged container vessels operating in Indian waters. These incidents, caused by undeclared hazardous cargoes and structural and stability issues, have raised serious safety concerns. I ...Read More >
Ranchi (Jharkhand) [India] July 11 (ANI): The Indian Coast Guard has launched a nationwide awareness campaign from July 14 to July 20 to attract young recruits, highlighting the diverse and challenging career opportunities it offers. Union Minister of State for Defence, Sanjay Seth, held a press conference with Indian Coast Guard officials on Friday to announce the launch of an awareness campaign in educational institutions across Jharkhand. During the press conference, MoS Seth informed that the campaign is a result of the huge enthusiasm among the youth to join the forces after Operation S ...Read More >
Pune, Jul 13 (PTI) The Armed Forces Medical Services is exploring the use of drone technology to deliver blood bags, medicines and other medical supplies in hilly and hard-to-reach areas, Director General of AFMS, Surgeon Vice Admiral Arti Sarin, has said. She also said the AFMS was responsible for the health requirements of all four astronauts currently part of the Axiom-4 mission to the International Space Station. Vice Admiral Sarin was speaking on Saturday on the sidelines of a commissioning ceremony for five medical cadets at the Armed Forces Medical College (AFMC) in Pune. She said th ...Read More >
New Delhi, Sept 12 (UNI) The Indian Coast Guard (ICG) has reaffirmed India's commitment to strengthening global maritime governance and positioning ICG as a key partner in shaping the agenda for safer, cleaner and more secure seas during the 4th Coast Guard Global Summit (CGGS) in Rome, Italy. A two-member Indian ICG delegation, led by Director General ICG Paramesh Sivamani are participating in the the summit being held from September 11-12, a Defence Ministry statement said. ICG Director General delivered a lecture titled 'Guardians Against the Blaze: ICG's Tactical Response to Fire Emergen ...Read More >
New Delhi, Sep 14 (SocialNews.XYZ) Over 2,000 experts from more than 100 countries will come together in the national capital to take part in the 89th General Meeting of the International Electrotechnical Commission (IEC), Ministry of Consumer Affairs, Food & Public Distribution said on Sunday. The event, hosted by the Bureau of Indian Standards (BIS), will be held from September 15 to 19, at Bharat Mandapam. Delegates will deliberate on international electrotechnical standards that aim to build a sustainable, all-electric and connected world. This will be the fourth time India is hosting t ...Read More >
"What were once predictable patterns of smuggling or piracy have now evolved into sophisticated operations using GPS spoofing, remote-controlled boats, encrypted communications, drones, satellite phones, and even networks operating on the dark web," he said at a three-day coast guard conference, stressing that maritime threats are becoming increasingly technology-driven and multi-dimensional. The coast guard commanders' conference brings together the service's top brass to deliberate on strategi ...Read More >
Bhubaneswar, June 5 (UNI) Odisha Chief Minister Mohan Charan Majhi on Thursday urged the people to resolve to end plastic pollution and maintain a healthy, clean environment. "Today, let us pledge to eliminate plastic pollution and create a healthier, cleaner environment for our citizens," Majhi said while addressing the state-level World Environment Day event. He noted that plastic has become an integral part of our lives, especially single-use plastics. Stressing that plastic waste must be ad ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Bhubaneswar: Odisha Governor Hari Babu Kambhampati on Monday appealed to the citizens to adopt electric vehicles (EVs), especially in the state's rapidly growing cities, emphasizing their role in reducing pollution and dependence on fossil fuels. Addressing the 42nd Foundation Day of the Odisha State Pollution Control Board (OSPCB) in Bhubaneswar, Kambhampati highlighted the need for collective action to safeguard the environment and ensure a healthier future for citizens. He noted that the Raj ...Read More >
New Delhi: Air Marshal Hardeep Bains has taken over as Air Officer-in-Charge Personnel on October 1, according to an official press from the Ministry of Defence. He has taken over from Air Marshal SK Vidhate, who superannuated from the Indian Air Force (IAF) on September 30, after completion of 38 years of illustrious service to the nation. According to the release, Air Marshal Hardeep Bains was commissioned in the fighter stream of the Flying Branch of the Indian Air Force on December 19, 1987. He is a cat 'A' qualified flying instructor with over 5000 hours of accident free flying. In a c ...Read More >
New Delhi, June 8 (SocialNews.XYZ) Indian Coast Guard (ICG) Director General (DG) Paramesh Sivamani inaugurated a new dedicated jetty at Vizhinjam Harbour, Kerala, to enhancing mission readiness for coastal surveillance, an official said on Sunday. The new facility is expected to support faster deployment and turnaround of ICG vessels, adding to the mission readiness for coastal search and rescue, anti-smuggling, and fisheries protection. The new facility is expected to support faster deployment and turnaround of ICG vessels, adding to the mission readiness for coastal search and rescue, ant ...Read More >
Mumbai, July 7 (PTI) After a 20-hour search operation involving multiple agencies, the "suspicious boat" spotted in the Arabian sea in Maharashtra's Raigad district has been identified as a fishing net buoy which was drifted into the Indian waters with an AIS transponder, police said on Monday. Considering the high alert situation, the sensitive operation has not been called off yet, said Raigad Superintendent of Police Aanchal Dalal. The Indian Coast Guard on Sunday night informed the police that the suspected Pakistani boat, "Muqadar Boya 99" with a boat number MMSI-463800411 was spotted n ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent muted demand scenario. Select companies from metals, pharmaceuticals, cement, banking and finance and ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >
Panaji: Defence shipbuilder Goa Shipyard Ltd (GSL) reported its strongest-ever financial performance, with gross revenue crossing the Rs 3,000 crore mark for the first time in FY 2024-25. Revenue surged 53% to Rs 3,190 crore, while the value of production jumped 71% to Rs 2,801 crore. GSL's order book stood at over Rs 16,000 crore as of April 1, comprising multiple projects for the Indian Navy, Indian Coast Guard, and overseas clients.The company is in final negotiations for a landmark Rs 18,000 crore contract to build the Indian Navy's next-generation corvettes, which, once signed, could push ...Read More >
New Delhi [India], October 6 (ANI): The Indian Coast Guard (ICG) conducted the 10th edition of the National Level Pollution Response Exercise (NATPOLREX-X) alongside the 27th National Oil Spill Disaster Contingency Plan (NOSDCP) & Preparedness Meeting on October 5 and 6, 2025, off the coast of Chennai, Tamil Nadu. This biennial flagship exercise is a cornerstone in strengthening India's preparedness to combat marine oil spills in accordance with the National Oil Spill Disaster Contingency Plan (NOSDCP). The event was overseen by Director General Paramesh Sivamani, AVSM, PTM, TM, Director Gen ...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 >
Nashik (Maharashtra) [India], June 5 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Thursday said that the Hindu Hridaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg will play an essential role in the development of the state. This highway will be a corridor of prosperity for the state. This highway will be connected to Vadhan Port shortly, and CM Fadnavis added it. Chief Minister Fadnavis said that land has been acquired for the Samruddhi Highway in record time. Due to this route, 24 districts of the state, including Vidarbha, Marathwada, and North Maharashtra, have been ...Read More >