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.
KOCHI: The Indian Navy will be celebrating the 'Navy Day 2025' in Thiruvananthapuram for the first time. The mega event to be held on December 4 will feature a grand operational demonstration at the Shankhumukham beach, along the Arabian Sea. While the Southern Naval Command usually holds the event in Kochi, the change in venue is in continuation of the Indian Navy's effort to organise the event at a location other than major Naval stations. "The Navy Day 2024 was hosted at Puri in Odisha, a sh
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 >
Defence Minister Rajnath Singh highlighted the Defence Accounts Department's pivotal role in Operation Sindoor, emphasizing its crucial contribution to efficient financial management and war preparedness. Singh praised the DAD for its historic legacy and continued support as the financial backbone of India's armed forces at an event marking its 278th foundation day. Defence Minister Rajnath Singh on Wednesday underscored the pivotal role played by the Defence Accounts Department (DAD) in the suc ...Read More >
A wreath-lying ceremony was held at the National War Memorial for the 54th Vijay Diwas. Defence Minister Rajnath Singh and the Tri-Service Chiefs paid tribute to honour the Indian Armed Forces' decisive victory in the 1971 war.Commemoration at National War Memorial A wreath-lying ceremony was held at the National War Memorial in New Delhi on Tuesday to commemorate the 54th Vijay Diwas, marking the decisive victory of the Indian Armed Forces in the 1971 War. The event was attended by Defence Mini ...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 >
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 >
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 >
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 >
KOCHI: The Indian Navy will be celebrating the 'Navy Day 2025' in Thiruvananthapuram for the first time. The mega event to be held on December 4 will feature a grand operational demonstration at the Shankhumukham beach, along the Arabian Sea. While the Southern Naval Command usually holds the event in Kochi, the change in venue is in continuation of the Indian Navy's effort to organise the event at a location other than major Naval stations. "The Navy Day 2024 was hosted at Puri in Odisha, a shift from previous years when the celebrations were primarily held in Naval strongholds like Mumbai ...Read More >
NEW DELHI: The Indian Navy commissioned DSC A20, the first of the five Diving Support Craft (DSC), built indigenously by M/s Titagarh Rail System Limited, during a ceremony held at Naval Base, Kochi, on Tuesday. As per the MoD, the Craft features a catamaran hull form, the ship offers superior stability, enhanced deck area, improved seakeeping characteristics, and has a displacement of approximately 390 tons. Fitted with state-of-the-art Diving Equipment, the vessel would play a vital role in underwater repairs & inspections, harbour clearances and critical diving missions in coastal waters. ...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 >
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 >
Hansa (Goa) [India], December 17 (ANI): The Indian Navy will achieve another key milestone on Wednesday with the commissioning of INAS 335 'Osprey,' its second MH-60R helicopter squadron, at INS Hansa in Goa, further strengthening its maritime surveillance and combat capabilities. The commissioning ceremony will be held in the presence of Admiral Dinesh Kumar Tripathi, Chief of the Naval Staff, who will be the chief guest at the event. With the induction of the squadron, the Navy's operational footprint in maritime security, surveillance, and undersea warfare is expected to receive a major bo ...Read More >
Hansa (Goa) [India], December 17 (ANI): The Indian Navy will achieve another key milestone on Wednesday with the commissioning of INAS 335 'Osprey,' its second MH-60R helicopter squadron, at INS Hansa in Goa, further strengthening its maritime surveillance and combat capabilities. The commissioning ceremony will be held in the presence of Admiral Dinesh Kumar Tripathi, Chief of the Naval Staff, who will be the chief guest at the event. With the induction of the squadron, the Navy's operational footprint in maritime security, surveillance, and undersea warfare is expected to receive a major bo ...Read More >
Mumbai (Maharashtra) [India], September 28 (ANI): Rear Admiral Vivek Dahiya, NM, assumed Command of the Western Fleet from Rear Admiral Rahul Vilas Gokhale, YSM NM at a ceremonial parade in Mumbai on Sunday, a release said on Sunday. Rear Adm Vivek Dahiya was commissioned into the Indian Navy on July 1, 1993. The officer is an alumnus of Naval Academy, Mandovi, Goa, Kings College, London, Naval War College, Goa and National Defence College, New Delhi. A specialist in Navigation and Direction, his afloat appointments include Navigating Officer of Indian Naval Ships Kora, Delhi, Godavari, Mumbai ...Read More >
New Delhi [India], October 1 (ANI): Raksha Mantri Rajnath Singh on Wednesday lauded the Defence Accounts Department (DAD) for ensuring financial resilience, optimising resources and sustaining operational readiness during Operation Sindoor, calling it the "silent but crucial" backbone of India's Armed Forces. "While the entire world witnessed the valour and courage of the Armed Forces in achieving a historic and decisive victory during Operation Sindoor, the silent yet crucial role of DAD ensured efficient resource utilisation, financial management and war preparedness," Singh said while addr ...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 >
India marked the 54th Vijay Diwas on Tuesday. A ceremony was held at the National War Memorial in New Delhi. This day commemorates the decisive victory of Indian Armed Forces in the 1971 War. The war led to the liberation of Bangladesh. Defence Minister Rajnath Singh and Tri-Service Chiefs paid homage to the brave soldiers. A wreath-lying ceremony was held at the National War Memorial in New Delhi on Tuesday to commemorate the 54th Vijay Diwas, marking the decisive victory of the Indian Armed Forces in the 1971 War. The event was attended by Defence Minister Rajnath Singh, CDS Chief General ...Read More >
The Indian Navy commissioned its 11th ship of the year, the naval diving support craft A20, at the Kochi naval base. This modern catamaran vessel, featuring advanced diving systems and a recompression chamber, will significantly enhance underwater preparedness and serve as a force multiplier. It also reinforces India's role in providing diving expertise and salvage assistance to friendly nations. Kochi, The naval diving support craft, A20, meant to enhance underwater preparedness and to serve as ...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 >
NEW DELHI: India's new approach to treat any act of terror as an act of war has added a new dimension to the Navy's operational outlook after the conduct of Operation Sindoor against Pakistan, Admiral Dinesh K Tripathi said Friday."We must be prepared for this new normal," the Navy chief said at an investiture ceremony here. Over 35 Indian warships and submarines led by aircraft carrier INS Vikrant, with its MiG-29K fighters, were forward deployed in a dissuasive deterrent posture against Pakistan in the northern Arabian Sea last month."Our ships, submarines and aircraft were operationally rea ...Read More >
New Delhi [India], July 8 (ANI): Chiefs of the Indian Army, Navy and Air Force on Monday addressed senior military officers on the conduct of joint operations, reaffirming their commitment to Tri-Service synergy and integrated warfare in future battle scenarios. According to the Indian Army, the address focused on joint operational planning, with particular emphasis on integrated maritime and air warfare. The briefing was attended by Chief of the Naval Staff Admiral Dinesh K Tripathi, Chief of the Air Staff Air Chief Marshal AP Singh, and Chief of the Army Staff General Upendra Dwivedi. The ...Read More >
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 ...Read More >
Kolkata, September 15: Prime Minister Narendra Modi on Monday reviewed the security situation and the operational preparedness of the Armed Forces during the 16th Combined Commanders' Conference (CCC) in Kolkata. The Prime Minister was briefed on the operational readiness in the context of the new normal created by Operation Sindoor, and the future of warfare amidst the emerging technology and tactics. He also reviewed the reforms implemented in the last two years, and the plan for the next two years, a Defence Ministry release said. The Prime Minister complimented the Armed Forces for the su ...Read More >
New Delhi [India], December 17 (ANI): Indian Navy Chief Admiral Dinesh K Tripathi on Wednesday emphasised on the Indian Navy's focus to enhance integral ship-borne aviation capabilities, mentioning the deal with France to procure 26 Rafale M carrier-borne aircraft in this effort. In an address at the commissioning of the second squadron of MH-60R helicopters, Admiral Dinesh K Tripathi said, "The Navy has maintained an unwavering focus on enhancing the integral ship-borne aviation capabilities, both fixed-wing and rotary-wing. It is in this context that the signing of the contract for 26 Rafal ...Read More >
Indian Navy Chief Admiral Dinesh K Tripathi is visiting Indonesia from December 15-18 to bolster bilateral defense relations. He will meet with Indonesian defense officials to discuss maritime security, joint training, and enhanced operational collaboration. The visit coincides with the ongoing 43rd India-Indonesia Coordinated Patrol, highlighting the growing maritime partnership between the two nations.The Chief of the Naval Staff (CNS), Admiral Dinesh K Tripathi is set to embark on a four-day o ...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. Also Read | Ludhiana Suicide Case: Elderly Business Couple Dies by Suicide After Alleged Harassment by Bank Officials Over Loan Repayment, Probe Underway. A total of 51 personnel were conferred with awards during the ceremony, which included one Yudh Seva Medal, thir ...Read More >
Saturday, 28 June 2025 () India is set to maintain strong economic growth, surpassing G7 nations. This growth is driven by domestic demand and favorable demographics. India's share in global GDP is increasing. Merchandise trade with G7 countries has grown significantly. India is leading global initiatives in clean energy and digital governance. Strategic cooperation with G7 nations will shape future growth. ...Read More >
Visakhapatnam (Andhra Pradesh) [India], July 4 (ANI): Sub Lieutenant Astha Poonia officially became the first woman to be streamed into the fighter stream of Naval Aviation. 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 ...Read More >
Chandigarh, Sep 26 (SocialNews.XYZ) The Chief of Air Force, Air Chief Marshal A.P. Singh, on Friday took the last flight of the iconic fighter jet MIG-21 for the Chandigarh airbase as the aircraft fleet was decommissioned after defending the Indian skies for 62 years with its glorious history of shooting down planes of Pakistan in both the 1965 and 1971 wars. The Soviet-era fighter MiG-21 Bison had hit the headlines in 2019 when Group Captain (then Wing Commander) Abhinandan Varthaman scripted history by downing the Pakistan Air Force's most advanced F-16 fighter, a day after the Balakot stri ...Read More >