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.
UAE: Indian among four people injured after drones fall near Dubai airport Abu Dhabi: Two Ghanaian nationals, one Bangladeshi and one Indian were injured after two drones fell in the area surrounding Dubai International Airport on Wednesday. In a statement shared on X, Government of Dubai Media Office stated, "Authorities confirm that two drones fell in the vicinity of Dubai International Airport (DXB) a short while ago, resulting in minor injuries to two Ghanaian nationals and one Bangladeshi national, and moderate injuries to one Indian national. Air traffic is operating as normal." Earlier in the day, UAE's Ministry of Defence announced that its air defences are responding to missile attacks and incoming drones from Iran. It urged people to follow safety and security instructions issued by the authorities. "The UAE's air defences are currently responding to incoming missile and drone attacks from Iran. MoD asserts that the sounds heard are the result of the Air Defence Systems intercepting missiles and drones. The public are requested to adhere to the safety and security instructions issued," UAE's Ministry of Defence posted on X. The missiles strikes by Iran in UAE comes in retaliation to the ongoing joint US-Israel strikes which began on February 28. On Tuesday, UAE's Ministry of Defence stated that its air defences on Tuesday detected nine ballistic missiles, of which eight were destroyed, while one missile fell into the sea. Furthermore, UAE's air defences detected 35 unmanned aerial vehicles, of which 26 were intercepted while nine fell within the country's territory. In a statement shared on X, UAE's Ministry of Defence said, "A total of 1,475 Iranian UAVs have also been detected, of which 1,385 were intercepted, while 90 fell within the country's territory. Eight cruise missiles were also detected and destroyed." "These attacks resulted in six deaths among Emirati, Pakistani, Nepalese and Bangladeshi nationals, and 122 people sustained moderate to minor injuries. The injured include nationals of the UAE, Egypt, Sudan, Ethiopia, the Philippines, Pakistan, Iran, India, Bangladesh, Sri Lanka, Azerbaijan, Yemen, Uganda, Eritrea, Lebanon, Afghanistan, Bahrain, the Comoros, Türkiye, Iraq, Nepal, Nigeria, Oman, Jordan and Palestine," it added. The ministry expressed its readiness to deal with any threats and said that it will respond firmly to any attempts to undermine UAE's security, ensure the protection of its sovereignty, security and stability, and safeguard its national interests and capabilities.
NEW DELHI: India on Wednesday offered the indigenous Akash air defence missile system to Brazil, even as the two countries decided to bolster their defence cooperation as well as explore opportunities for co-development and co-production of weapon systems and platforms.The progress of ongoing defence-related bilateral initiatives, with identification of priority areas for joint work, was reviewed in the meeting between defence minister Rajnath Singh and visiting Brazilian vice president Geraldo A ...Read More >
New Delhi, Jun 29: Ukraine has confirmed the loss of an F-16 fighter jet and its pilot during efforts to repel a large-scale Russian air assault, amid continued heavy fighting in the fourth year of war reports Al Jazeera and International media. The country's air force said the aircraft was engaged in defending against a barrage of missiles and drones when it was damaged and lost altitude. Ukrainian air defences reportedly shot down seven targets before the fighter crashed overnight. The pilot, identified as a first-class officer, was killed in the incident. The loss comes as Ukraine faces o ...Read More >
New Delhi, March 2 (SocialNews.XYZ) Prime Minister Narendra Modi and his Canadian counterpart Mark Carney discussed ongoing global issues, including the current situation in Iran, the Ministry of External Affairs (MEA) said on Monday. While addressing a special briefing on Carney's visit to India on Monday, Secretary (East) in MEA, P Kumaran, stated that PM Modi, during the meeting, said that India is deeply concerned about the recent developments in Iran and the Gulf region. He mentioned that PM Modi has urged all sides to avoid escalation and follow the path of dialogue and diplomacy to de- ...Read More >
New Delhi, Jun 28: The Indian Army contingent participating in Exercise SHAKTI-VIII in southern France has demonstrated high levels of tactical proficiency and joint coordination alongside their French counterparts, as the bilateral military drill continues to deepen Indo-French defence cooperation. The ongoing exercise, being held at Camp Larzac in La Cavalerie, features 90 personnel from the Indian Army's Jammu and Kashmir Rifles battalion working closely with the French Army's 13 Demi-Brigade de Légion Étrangère. It focuses on mission-oriented training specific to sub-conventional warfare i ...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 >
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 >
India's Strategic Signals To Pak-China: Dual Missile And Air Defence System Tests Saturday, July 19, 2025 by Indian Defence News In a firm demonstration of its advancing military capabilities and strategic intent, India has conducted two significant weapons tests, sending an unambiguous message to both Pakistan and China. Over the past two days, the country has successfully tested the Akash Prime air defence system and the nuclear-capable Agni-I and Prithvi-II ballistic missiles, reflecting both technological progress and geopolitical resolve. Akash Prime Air Defence System: Enhanced Capabi ...Read More >
PM Modi said all BrahMos missiles will be built in UP, and warned that Pakistan would face a decisive response through India's indigenous weaponry in case of another terror act. Prime Minister Narendra Modi on Saturday issued a fierce warning to Pakistan after Operation Sindoor, saying any act of terror in the future would be met with a decisive response through India's indigenous weapons systems. After inaugurating several developmental projects in Varanasi, PM Modi said, "During Operation Sin ...Read More >
ISLAMABAD: Indian Deputy Chief of Army Staff Lt Gen Rahul R Singh Friday claimed China used the four-day Pakistan-India conflict in May like a "live lab" to test various weapon systems and was providing all possible support to Islamabad in line with its ancient military strategy of killing the adversary with a "borrowed knife". The senior Indian military officer claimed while Pakistan was the "front face", with China extending all possible support to its all-weather ally, Turkiye was also playing a major role by supplying military hardware to Islamabad, adding that India was actually dealing w ...Read More >
Hyderabad: Thousands of people who gathered at ashoorkhana in Dabeerpura on the 10th day of Muharram (Youm-e-Ashura) took part in the Bibi-ka-Alam procession. The procession commenced from Dabeerpura on an elephant and concluded at Chaderghat. The Shia mourners took out the procession to mark the martyrdom anniversary of Prophet Mohammad's grandson, Imam Hussain, on the 10th day of Muharram. Members of the Shia sect performed matam and participated in processions. The 10th Muharram is the day on which Imam Hussain was martyred in the battle of Karbala by Yazid and his army. The relic made of ...Read More >
Srinagar, Aug 3: The Department of Archives, Archaeology and Museums on Sunday said that an ancient Shivling had been unearthed and safely housed in the SPS Museum Srinagar for public display. A statement of the Department of Archives, Archaeology and Museums issued here said that it was pleased to announce the discovery of an ancient Shivling carved from stone, measuring 137 cm in length and 160 cm in width, approximately dating back to the 10th Century CE, recovered during sand extraction by local labourers from the Jhelum River near the Army camp at Khanpora in Baramulla. The statement sa ...Read More >
A video of Pakistani Defence Minister Khawaja Asif delivering a speech at the United Nations General Assembly (UNGA) in New York has gone viral, with netizens criticizing his address as "disastrous" due to multiple verbal slips. The speech, which focused largely on Artificial Intelligence (AI), also referenced recent tensions between India and Pakistan. Observers noted that Asif fumbled seven times during the address. At one point, he mispronounced the word "risk" as "riks" and repeatedly menti ...Read More >
NEW DELHI: The Defence Ministry on Tuesday inked a Rs 1,950 crore deal with Bharat Electronics Limited (BEL) for two indigenous mountain radars to plug critical air surveillance gaps along high-altitude frontiers. Designed by DRDO's Electronics and Radar Development Establishment and to be manufactured by BEL under the Buy (Indian-IDDM) category, the deal includes associated equipment and forward deployment infrastructure. "The installation and commissioning of these radars will boost the country's air defence and strengthen national security. The procurement will also reduce dependency on f ...Read More >
New Delhi: US President Donald Trump has expressed frustration with Brazil. India, however, is preparing to sell Brasília its domestically developed Akash missile system. Defence Minister Rajnath Singh met Brazilian Vice President Geraldo Alckmin in New Delhi and formally proposed the deal. The development marks an important step in India's defence diplomacy and arms export strategy. The Akash missile is a surface-to-air missile designed and developed in India. It can neutralise enemy aircraft, drones and cruise missiles up to 45 kilometres away. Developed by the Defence Research and Developm ...Read More >
The Indian Army organised the Vijay Diwas 'At Home' at the Army House on Monday (December 15, 2025), to commemorate Vijay Diwas, marking the decisive victory of the Indian Armed Forces in the 1971 War. The event was attended by President Droupadi Murmu. The Defence Ministry said that the celebrations featured a showcase of indigenously developed technologies and niche capabilities, highlighting the Indian Army's steady transformation into a modern, innovative and self-reliant force. The display ...Read More >
New Delhi, Mar 2 (PTI) Amazon India on Monday announced 'Zero Referral fee' on more than 12.5 crore products, a move, the ecommerce giant said, aims to accelerate growth for lakhs of sellers across the country. Building on last year's fee revision, the company has expanded zero referral fees coverage more than 10-times from 1.2 crore products in 2025 to over 12.5 crore products priced under Rs 1,000 across 1,800-plus categories, the company said in a release. In addition, Amazon has reduced Easy Ship fees by over 20 per cent for products priced below Rs 300. Easy Ship allows sellers to stor ...Read More >
In Dubai, four people -- including two Indian nationals -- suffered minor injuries after missile debris from a successful air defence interception fell on residential houses in the southern part of the city. Four people, including two Indian nationals, were injured after debris from a successful interception fell on residential houses in southern Dubai in UAE on Tuesday. According to a statement released by Government of Dubai Media Office, the incident was handled in accordance with the highest safety standards. "Authorities confirm that the incident caused by debris from an interception t ...Read More >
New Delhi, Apr 1 (UNI) US President Donald Trump claimed on Wednesday that President of Iran's 'new regime' has just asked the United States for a ceasefire but said the US will consider it (the request) only when the Strait of Hormuz is open, free and clear. Trump warned that until the 'ceasefire request' is accepted, the US will be 'blasting Iran into oblivion and back to stone ages.' There was no immediate comment from Iran on Trump's claim. Trump's claim coincided with Iran's Supreme Leader Mojtaba Khamenei's expression of Tehran's 'firm and enduring support' for resistance against US an ...Read More >
'War is a costly affair and pressure comes on the economy of a country' 'We have to avoid the mistake that took place in Russia-Ukraine war' IMAGE: India destroyed nine terror camps in Pakistan and Pakistan-Occupied Kashmir with precision strikes in May as part of the Operation Sindoor in response to the April 22 Pahalgam massacre. Photograph: Indian Ari Force Operation Sindoor made it clear who stands with India diplomatically, former principal adviser to the Ministry of Defence, Lieutenant G ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 GW of renewable projects, while exploring new opportunities in other states. The Group has already e ...Read More >
An Indian Army contingent is heading to the USA for Yudh Abhyas 2025. This joint military exercise with the US Army will focus on tactical drills and high-altitude warfare. Troops will rehearse heliborne operations and use surveillance systems. Experts will discuss UAS, information warfare, and logistics. The exercise will improve capabilities for UN peacekeeping and multi-domain challenges. An Indian Army contingent has departed for Fort Wainwright, Alaska, USA, to participate in the 21st editi ...Read More >
New Delhi [India], November 27 (ANI): The Ministry of Defence informed on Wednesday that it will conduct a two-day 11th National Maritime Search and Rescue exercise and workshop for the Indian Coast Guard (ICG) in Kerala's Kochi. The workshop will be undertaken from November 28 to 29 and the event will be inaugurated by Defence Secretary Rajesh Kumar Singh. ICG Director General S Paramesh, also the National Maritime Search and Rescue Coordinating Authority, will also remain present during the event. The theme of the event will be 'Enhancing Search and Rescue capabilities through regional coll ...Read More >
The ULFA-I, which is headed by Paresh Baruah, has several camps in Myanmar. (Representational Image) Banned insurgent group ULFA (Independent) on Sunday claimed that attacks by Indian security forces using drones and missiles on their camps inside Myanmar killed three of its leaders and injured more than 20 others. However, Army spokesperson based in Nagaland and Assam, said they did not receive any information about such developments, according to several media reports. In a statement, the UL ...Read More >
NEW DELHI: The defence ministry on Tuesday signed a ₹1,950-crore deal with Bharat Electronics Limited (BEL) to equip the Indian Air Force with two mountain radars, associated equipment and the required infrastructure, strengthening the country's air defences. The contract is the last capital acquisition contract of financial year 2025-26. This radar is indigenously designed and developed by DRDO's Electronics and Radar Development Establishment and will be manufactured by BEL. "The installati ...Read More >
Abu Dhabi, April 3 (SocialNews.XYZ) As many as 12 people, including five Indian nationals, were injured on Friday due to the falling missile debris after a successful interception carried out by UAE's air defence systems in Ajban area of Abu Dhabi. "As part of the ongoing follow-up to the previously reported incident in the Ajban area caused by falling debris following the successful interception by air defence systems, authorities confirm that the incident has resulted in minor to moderate injuries sustained by six individuals of Nepali nationality and five individuals of Indian nationality, ...Read More >
NEW DELHI: A Gujarat-based deep-tech drone company has delivered "hundreds of kamikaze (suicide or self-destruct) drones" to Indian Army as part of a Rs 10 crore contract with the defence ministry.The contract with Surat-based InsideFPV was signed last Dec, and the consignment of drones was sent to the Army within a two-month timeframe via emergency procurement route. The exact number of drones delivered to Army's Northern Command was not disclosed by the company for security reasons.Recognised a ...Read More >
New Delhi [India], December 15 (ANI): The visit of General Ashok Raj Sigdel, Chief of the Army Staff (COAS) of the Nepali Army, to India, marked a significant milestone in "strengthening the longstanding ties" between the Nepali and Indian Armies. The visit saw high-level engagements with key Indian leaders and discussions on enhancing defence cooperation. Notably, General Sigdel commenced his official visit to India from December 11-14. The Ministry of Defence in a press release said, "The visit of Suprabal Janasewashree General Ashok Raj Sigdel, Chief of the Army Staff (COAS) of the Nepali ...Read More >
The Indian Army successfully tested the Akash Prime missile system in Ladakh. The trials occurred at over 15,000 feet. The missile achieved direct hits on aerial targets. Akash Prime has an improved seeker for better precision. It was previously used during Operation Sindoor. The system's induction will strengthen India's air defence network. This advances India's self-reliance in defence production. In a key advancement for India's indigenous air defence capabilities, the Indian Army on Wednesd ...Read More >
New Delhi, Aug 1: At least 28 people, including three children, were killed and over 150 injured after a major Russian missile and drone assault struck Kyiv early Thursday. The attacks caused widespread destruction, including the collapse of a residential apartment block, damage to schools, hospitals, and other civilian infrastructure. Ukraine's air force reported intercepting many of the 309 drones and eight cruise missiles launched, but several penetrated defences, causing significant casualties and structural damage across multiple districts. The strikes mark the most intense bombardment ...Read More >