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.
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, and one major injury sustained by an individual of Nepali nationality. The public is reminded to obtain information only from official sources and to avoid spreading rumours or unverified information," Abu Dhabi Media Office posted on X. Earlier in the day, the office said that authorities responded to an incident of falling debris in the Ajban area after a successful interception by air defence systems. Meanwhile, UAE's Ministry of Defence said that its air defence on Friday engaged 18 ballistic missiles, four cruise missiles and 47 Unmanned Aerial Vehicles (UAVs) launched from Iran. According to the statement, UAE's air defences have engaged 475 ballistic missiles, 23 cruise missiles and 2085 UAVs since the start of Iranian attacks. "The attacks resulted in the martyrdom of two members of the armed forces while performing their national duty, in addition to the martyrdom of a Moroccan civilian contracted by the Armed Forces, as well as nine fatalities of Pakistani, Nepali, Bangladeshi, Palestinian and Indian nationalities. "A total of 203 people were also injured, with injuries ranging from minor to moderate and severe. The injured included nationals of the UAE, Egypt, Sudan, Ethiopia, the Philippines, Pakistan, Iran, India, Bangladesh, Sri Lanka, Azerbaijan, Yemen, Uganda, Eritrea, Lebanon, Afghanistan, Bahrain, Comoros, Türkiye, Iraq, Nepal, Nigeria, Oman, Jordan, Palestine, Ghana, Indonesia, Sweden and Tunisia," read the statement. UAE's Ministry of Defence expressed its readiness to deal with any threats and vowed to confront anything that aims to undermine the security of the UAE, in a manner that ensures the protection of its sovereignty, security and stability and safeguards its interests and national 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 >
HYDERABAD: After four days of relentless downpours, Telangana is expected to have a brief respite on Monday, with no rainfall alerts issued. However, the India Meteorological Department (IMD) placed the state under a yellow alert for thunderstorms. IMD data showed that Papannapet in Medak district received the heaviest 24-hour rainfall at 10.6 cm, followed by Manoor in Sangareddy with 9.28 cm and Nallabelly in Warangal at 9.15 cm. The statewide average rainfall for the day stood at 7.3 mm, notably higher than the normal 4.3 mm. Warangal's Sangem recorded the day's highest maximum temperature ...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 >
Bengaluru, Jun 7 (PTI) A 26-year-old man allegedly beheaded his wife following a heated argument on the outskirts of Bengaluru after he suspected her of having an extra-marital affair, police said on Saturday. After killing Manasa, Shankar travelled with her severed head on his scooter to the nearest police station and confessed to the crime, they said. The man was later arrested, police said, adding that the incident occurred at Heelalige village, near Chandapura, Anekal taluk late on Friday. According to the police, the couple were married for over five years and have a four-year-old daug ...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 >
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." Earli ...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 >
New Delhi, Jul 13: At least ten people, including six children, were killed in an Israeli air strike while they were waiting to collect water in central Gaza on Sunday, the BBC reported, quoting emergency service officials. The victims had gathered with jerry cans near a water tanker in the heart of al-Nuseirat refugee camp when the strike occurred. According to eyewitnesses cited by the BBC, an Israeli drone fired a missile at the crowd. "It hit people waiting for water," said one resident, describing scenes of panic and bloodied children. Videos shared online show chaotic aftermaths, with l ...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 >
India on Friday (September 12, 2025) voted in favour of a resolution in the UN General Assembly that endorses the 'New York Declaration' on peaceful settlement of the Palestine issue and implementation of the two-state solution. The resolution, introduced by France, was adopted with an overwhelming 142 nations voting in favour, 10 against and 12 abstentions. Those voting against included Argentina, Hungary, Israel and the US. India was among the 142 nations that voted in favour of the resolution titled 'Endorsement of the New York Declaration on the Peaceful Settlement of the Question of Pal ...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, Sep 30 (PTI) President Donald Trump's peace plan for Gaza will allow countries like India to carry out reconstruction activities in the region as New Delhi has been playing a positive role for peace in the Middle-East, Israeli ambassador Reuven Azar said on Tuesday. The envoy also welcomed Prime Minister Narendra Modi's reaction to the 20-point peace plan and said India can contribute significantly to the region. The plan, unveiled after talks between Trump and Israeli Prime Minister Benjamin Netanyahu, proposes an immediate end to the war in Gaza and release of all the hostages h ...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, Sep 28: With the two-year anniversary of the Israel-Hamas conflict just over a week away, fears are mounting that the conflict may drag into a third year. More than 35 people were killed in Israeli strikes and gunfire since the early hours of Saturday, Gazal officials said. A strike on a house in central Gaza killed at least 11 people, more than half of them women and children, while nine members of a single family died in another strike on the Nuseirat refugee camp, reports BBC. At least six others were reported killed while seeking aid in central and southern Gaza. Local civil d ...Read More >
New Delhi, Sep 30 (PTI) Palestine on Tuesday welcomed US President Donald Trump's 20-point peace plan for Gaza and said it would ensure the unification of Palestinian land and institutions. The plan, unveiled after talks between Trump and Israeli Prime Minister Benjamin Netanyahu, proposes an immediate end to the war in Gaza and release of all the hostages held by Hamas within 72 hours. Hamas has not yet accepted the peace plan. "The State of Palestine welcomes the sincere and determined efforts of President Donald J Trump to end the war on Gaza and affirms its confidence in his ability to ...Read More >