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.
Ambala: President Droupadi Murmu's sortie in a Rafale fighter aircraft from Ambala Air Force Station exposed yet another of the countless lies floated by Pakistan during Operation Sindoor. The supreme commander of the armed forces posed for a photograph with Squadron Leader Shivangi Singh, whom Pakistan falsely claimed to have captured during the operation in which she participated. Pakistan, shocked by India's aggressive and decisive response, to the Pahalgam terror attack, had falsely claimed that it had shot down Sqn Leader Singh's aircraft and held her captive. A smiling and confident Sqn Leader Singh's photograph with the President not only laid bare Pakistan's one of the numerous imaginary claims but also proved India is leading from the front with its women armed forces officers.
Thiruvananthapuram (Kerala) [India], June 27 (ANI): A UK F-35B aircraft is currently awaiting repairs at the Thiruvananthapuram International Airport after experiencing an engineering issue, a British High Commission spokesperson confirmed. "A UK F-35B aircraft is awaiting repairs at the Thiruvananthapuram International Airport after developing an engineering issue. The UK has accepted an offer to move the aircraft to the Maintenance Repair and Overhaul facility at the airport. The aircraft will be moved to the hangar once UK engineering teams arrive with specialist equipment, thereby ensurin ...Read More >
Guwahati: Assam will soon get three national highway stretches equipped for emergency aircraft landings, including the first such facility in the Northeast, which shares a long border with Bangladesh, Bhutan, Myanmar and China. "The first emergency landing facility on a national highway in North East is expected to be ready in eastern Assam by October, in a boost to national security and disaster preparedness," Chief Minister Himanta Biswa Sarma said on Sunday. Once completed, these stretches will boost Assam's strategic and transport infrastructure, Sarma said. "Once completed, it will supp ...Read More >
Bengaluru (Karnataka) [India], July 8 (ANI): Bharatiya Janata Party MP Tejasvi Surya on Tuesday took a swipe at the Karnataka government while responding to a journalist's post on 'X', which highlighted the state's financial condition. Slamming the Congress-led Karnataka government, Tejasvi Surya said that the condition of contractors working in the state government is "deplorable" and that contractors are not only being harassed for "cut money" but have also been waiting for payment for years. Also Read | Himachal Pradesh Rain Fury: Meteorological Department Warns of Flash Flood in 7 Distri ...Read More >
New Delhi [India], August 14 (ANI): The centre on Thursday awarded the Vayu Sena Medal (Gallantry) to 26 Indian Air Force officers and airmen for their brave contributions in the service of the nation during Operation Sindoor. Those being awarded the Vayu Sena Medal (Gallantry) took part in missions to hit targets inside Pakistan, and officers and men operating the S-400 and other air defence systems, which foiled all attacks planned by Pakistan on Indian soil. Group Captains (GP) Ankur Hakim, Manav Bhatia, Yasir Faruqi, Varlin Bhoj, Anuraj Singh Minhas, Omar Browne, Deepak Chauhan, and Kuna ...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 >
New Delhi, Jul 10 (PTI) Sqn Ldr Lokender and Flt Lt Rishi Raj Singh are the two Indian Air Force (IAF) pilots who died in a crash of a Jaguar fighter jet near Churu in Rajasthan a day ago, officials said on Thursday. The IAF has also said that a court of inquiry has been constituted to ascertain the cause of the accident. Also Read | India Monsoon Fury 2025: Home Ministry Releases INR 1,066 Crore for Flood and Landslide-Hit States - Assam, Manipur, Meghalaya, Mizoram, Kerala and Uttarakhand. The names of the two pilots were released by the IAF on Thursday. "An IAF Jaguar Trainer aircraft m ...Read More >
Chandigarh, Jul 10 (PTI) Squadron Leader Lokender, one of the two Indian Air Force (IAF) pilots who were killed in a crash of a Jaguar fighter jet near Churu in Rajasthan on Wednesday, had become father a month ago and the family in Haryana had been in celebration mode before the tragedy struck. In a brief statement on Thursday, the IAF said: "The pilots who attained 'veergati' in yesterday's Jaguar crash were -- Sqn Ldr Lokender and Flt Lt Rishi Raj Singh." Lokender, hailing from Kheri Sadh village in Haryana's Rohtak, spoke with his family through a video call on Tuesday evening and just ho ...Read More >
New Delhi, Jul 15 (PTI) India on Tuesday celebrated the return of its astronaut Shubhanshu Shukla to Earth after spending 18 days at the International Space Station, with Prime Minister Narendra Modi saying he has inspired a billion dreams with his dedication, courage and pioneering spirit. President Droupadi Murmu, Vice President Jagdeep Dhankhar and Prime Minister Narendra Modi joined the nation in welcoming Shukla back from his "historic" space mission. Also Read | Did EAM S Jaishankar Admit India Lost 3 Rafale Fighter Jets to Pakistan? PIB Fact Check Debunks Fake Claim, Says 'Video Digit ...Read More >
New Delhi [India], August 14 (ANI): As festivities for Independence Day begin, the centre on Thursday awarded Vir Chakra to nine Indian Air Force officers for their brave contributions in the service of the nation during Operation Sindoor. The Vir Chakra has been awarded to nine Indian Air Force officers, including fighter pilots, who targeted terrorist groups' headquarters in Pakistan's Muridke and Bahawalpur and the neighbouring country's military assets. Group Captains (GP) Ranjeet Singh Sidhu, Manish Arora, Animesh Patni, Kunal Kalra, Wing commanders (WG CDR) Joy Chandra, Squadron Leader ...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 >
Chandigarh, July 12: Squadron Leader Lokendra Singh Sindhu, one of the two Indian Air Force (IAF) pilots who were killed in a crash of a Jaguar fighter jet near Churu in Rajasthan on Wednesday, had become father a month ago and the family in Haryana had been in celebration mode before the tragedy struck. Sindhu, hailing from Kheri Sadh village in Haryana's Rohtak, spoke with his family through a video call on Tuesday evening and just hours before the incident took place, he exchanged messages with his family, enquiring about general welfare. Some of Sindhu's family members, who spoke to repor ...Read More >
Chandigarh (Haryana) [India], July 13 (ANI): Haryana Chief Minister Nayab Singh Saini on Sunday met with the family of Squadron Leader Lokender Singh Sindhu, who lost his life in a Jaguar fighter plane crash in Churu, Rajasthan, on July 9. Expressing his condolences, Saini said, He sacrificed his life while saving others. Though he is no longer with us, I pay tribute to his bravery. May God grant his family the strength to bear this irreparable loss. On Wednesday, A twin-seater trainer version of the Jaguar fighter aircraft of the Indian Air Force crashed near Churu district of Rajasthan, re ...Read More >
India received the second GE-404 engine from the US for the LCA Mark 1A fighter jet aircraft programme. Hindustan Aeronautics Limited (HAL) is expected to receive 12 GE-404 engines by the end of this financial year. The engines will be fitted on the LCA Mark 1A fighter jets. Indian Air Force has placed orders for 83 LCA Mark 1A fighter jets and a proposal to buy 97 more of these planes is at an advance stage. On Monday, Defence Secretary Rajesh Kumar had said that General Electric will increase ...Read More >
New Delhi, June 7 (SocialNews.XYZ) India has issued a Notice to Airmen (NOTAM) for a major Indian Air Force (IAF) exercise scheduled to take place near the southern sector of the India-Pakistan International Border in Rajasthan from Saturday, June 7, to Sunday, June 8. The exercise is part of the IAF's regular operational preparedness and will be conducted in airspace near the border. According to the NOTAM, the aerial drill will commence at 3:30 p.m. on June 7 and conclude at 9:30 p.m. the following day. During this period, airspace over the designated region will be restricted to ensure t ...Read More >
New Delhi: Following Operation Sindoor, China attempted to cast doubt on the effectiveness of France's flagship Rafale fighter jets, according to the French intelligence report. The defence attachés in Chinese embassies were asked to lead the charge to undermine the sale and performance of Rafale jets as part of an effort to get countries to stop buying the French military fighter, according to the Associated Press. For the French defence industry, sales of the Rafale fighter jet and other armaments bring most of the business to them, which even aided Paris in strengthening ties with Asian na ...Read More >
Guwahati (Assam) [India], July 8 (ANI): As a part of the Headquarters Eastern Air Command (EAC) outreach programme, an Inter ALG Football Tournament was organised to promote a sense of bonhomie and camaraderie among Air Warriors posted at Advanced Landing Grounds (ALGs) of EAC and the local civilian population, Defence Guwahati said in a press release. The event aimed at garnering a sense of bonhomie and nurturing the sports talent amongst the civic population. Also Read | Is the Election Commission Quietly Stripping Voting Rights From the Poor in Bihar? EC Fact Check Calls Sagarika Ghose's ...Read More >
NEW DELHI: In a significant development, India on Monday received the second GE-404 engine from the US for the LCA Mark 1A fighter jet aircraft programme, Defence officials said. The engine has been received by the Public sector firm Hindustan Aeronautics Limited (HAL) and it is expected to receive 12 more GE-404 engines by the end of this financial year. The engines will be fitted on the LCA Mark 1A fighter jets. The delivery of the engines had been delayed by more than a year due to supply chain issues faced by the American engine manufacturing firm. Indian Air Force has placed orders fo ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family has not yet agreed to clemency or blood money. As a last-ditch effort to save her, Kanthapuram A. ...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 >
Intel failure on range of China-made PL-15 missile central to downing of India's Rafale jet-sources * Shootdown of Rafale had raised questions about effectiveness of Western hardware against Chinese alternatives * Pakistan claims successful electronic warfare assault though India disputes scale * Outcome of the battle ignites interest from other countries in purchasing Chinese fighter jets By Saeed Shah and Shivam Patel ISLAMABAD/NEW DELHI, August 2 (Reuters) - Just after midnight on May ...Read More >
India's Multibillion-Dollar Fighter Jet Dilemma: Weighing F-35 Lightning II Against Cheaper Russian Alternatives Sunday, August 03, 2025 by Indian Defence News The much underrated Su-57 jet, named "Felon" by NATO (a nomenclature considered degrading) In the complex realm of modern aerial warfare, India's looming decision on fifth-generation fighter jet procurement boils down to a crucial calculus: whether state-of-the-art American technology justifies paying double the sticker price -- and much more in long-term costs -- compared to Russian alternatives. This debate is sharpening as the Indi ...Read More >
New Delhi [India], August 14 (ANI): The centre on Thursday awarded the Vayu Sena Medal (Gallantry) to 26 Indian Air Force officers and airmen for their brave contributions in the service of the nation during Operation Sindoor. Those being awarded the Vayu Sena Medal (Gallantry) took part in missions to hit targets inside Pakistan, and officers and men operating the S-400 and other air defence systems, which foiled all attacks planned by Pakistan on Indian soil. Also Read | India Slams Pakistan Over Continuous 'Reckless, War-Mongering and Hateful' Comments, Warns 'Any Misadventure Will Have P ...Read More >
Ahmedabad, Jun 6 (PTI) Gujarat Congress general secretary Rajesh Soni was arrested on Friday and charged under a tough section of the BNS for allegedly uploading "misleading" as well as "morale breaking" content on a social media platform related to 'Operation Sindoor', police said. After registration of an FIR on Thursday, the Cyber Crime Cell of the state CID arrested Soni in the wee hours over his controversial posts on the operation launched by Indian armed forces to destroy terror hubs in Pakistan and PoK, said Superintendent of Police (CID-Cyber Crime) Bharatsinh Tank. During the May 7 ...Read More >
New Delhi: In a major revelation two months after the Operation Sindoor, Dassault Aviation chairman and CEO Eric Trappier has rejected Pakistan's claim of shooting down Indian Rafale fighter planes. Speaking to French website Avion Chasse, Trappier also said that while India lost one Rafale, the jet was not lost during combat but due to technical reasons. Notably, the Pakistan Air Force had claimed to have downed five Indian Air Force fighter jets on May 7. The PAF claimed that it shot down three Rafales using Chinese PL-15E missiles launched using the J-10C multi-role combat aircraft. Howev ...Read More >
Guwahati, July 13, 2025 -- The banned militant outfit United Liberation Front of Assam-Independent (Ulfa-I), led by fugitive leader Paresh Baruah, on Sunday accused the Indian Army of launching a missile strike on its camp in Myanmar, killing two of its top commanders and injuring several others. The Indian Army, however, has denied having any information on such an operation. In a statement issued to a local publication, Ulfa-I alleged that the strike occurred during the funeral of one of its senior-most leaders, self-styled Lt Gen Nayan Asom, who the group claims was killed in an earlier dr ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...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 >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
Chandigarh: Punjab chief ministerBhagwant Mann on Thursday said the government will table a bill in the assembly on Friday to introduce harsher punishment for religious sacrilege. However, the law will not be enacted immediately, as the government plans to hold consultations with stakeholders before finalising the legislation.Mann said the decision was taken in a meeting of the cabinet earlier in the day. After the legislation is tabled, Punjab govt will gather suggestions on the law from stakeholders, including religious organisations and people, he added.Sources said said the new legislation ...Read More >