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.
New Delhi: India's industrial production growth recorded a decline to a three-month low of 4.8 per cent in January. The deceleration was a result of subdued performance in the manufacturing and mining sectors, the official data released mentioned on Monday. India's factory output, measured in terms of the Index of Industrial Production (IIP), expanded by 5.2 per cent in January 2025. The National Statistics Office (NSO), which releases the data, revised the industrial production growth for Dece ...Read More >
The Srinagar airport is set to get a makeover with the Cabinet Committee on Economic Affairs (CCEA) approving a major expansion project at an estimated cost of Rs 1,677 crore. The redevelopment is expected to more than triple the airport's passenger-handling capacity, to 10 million passengers per year from the current 3 million, and is expected to be completed in four years. The project will be funded fully by equity from the Airports Authority of India (AAI). The Srinagar airport is a militar ...Read More >
A bench of Chief Justice Surya Kant and Justice Joymalya Bagchi noted that the dispute over the land has traversed different courts and observed that the stalemate over encroached railway land cannot be allowed to continue endlessly. It directed the Centre and the state authorities to ascertain the eligibility of families residing in the area for Pradhan Mantri Aawas Yojana . The top court directed the Nainital collector, Haldwani sub-division officer and other officials including members of t ...Read More >
Seven people were killed after an air ambulance transporting a patient from Ranchi to New Delhi, crashed in Jharkhand's Chatra district on Monday night. The flight, which was expected to reach the national capital by 10pm, crashed before it could reach Delhi. As reported by HT earlier, the chartered plane took off from Ranchi at 7:11pm from the Birsa Munda Airport. In the statement issued by the Directorate of Civil Aviation (DGCA), it was stated that the plane lost contact with Kolkata at 7:3 ...Read More >
GREATER NOIDA: The Uttar Pradesh government has signed three MoUs worth ₹6,650 cr on the first day of chief minister Yogi Adityanath's Singapore visit, the Yamuna Expressway Industrial Development Authority (Yeida) said on Monday. The CM is undertaking a four-day visit to Singapore and Japan till February 26. He will be in Singapore till February 24. Together, the projects are expected to create over 20,000 employment opportunities across housing, logistics and digital infrastructure, said Ut ...Read More >
Nearly a month after the death of then Maharashtra Deputy Chief Minister Ajit Pawar in a plane crash, the Directorate General of Civil Aviation (DGCA) has grounded four aircraft operated by the same charter company that was flying him. The regulator also announced a slew of measures for charter companies across the country, following "a recent surge" in incidents to ensure tighter oversight, after a high-level meeting on Tuesday with several charter operators. Also Read | Baramati plane crash: ...Read More >
Haryana chief minister Nayab Singh Saini informed the state assembly on Tuesday that the entire amount deposited with IDFC First Bank has been recovered, including interest, within 24 hours of the fraud coming to light. Making a statement on the floor of the House immediately after Question Hour, Saini said that by Monday evening, the bank had returned approximately ₹556 crore, which includes ₹22 crore in interest, to government accounts. "The entire amount has been deposited back into our ...Read More >
A day after a plane, operated by a non-scheduled operator (NSOP), crashed in Jharkhand, killing seven people onboard, DGCA held a meeting with all such operators on Tuesday. The meeting was held to "address a recent surge in aviation incidents and emphasised the critical need for an increased focus on safety across the sector", the Directorate General of Civil Aviation (DGCA) said in a statement. "Safety must remain the absolute priority, superseding all commercial considerations, charter comm ...Read More >
The Union Cabinet on Tuesday approved a series of major infrastructure and policy decisions, including investments in railways, urban transport, and aviation, with a total financial outlay of Rs 12,236 crore. Union Minister Ashwini Vaishnaw said the Cabinet cleared the doubling of the Gondia-Jabalpur rail line at an estimated cost of Rs 5,236 crore. It also approved the 3rd and 4th rail line project between Punarkh and Kiul, with an investment of Rs 2,668 crore, and the construction of the 3rd ...Read More >
Following the expansion of its new development space, the southern city aims to enhance inter-regional connectivity in infrastructure, markets and space for tourism development. Authorities view coastal and island tourism as a key source of "green" growth that could help reposition the city on the regional and global tourism map. According to Nguyen Van Manh, Vice Chairman of the Con Dao Special Zone People's Committee, Con Dao is not only a national symbol of revolutionary heritage but is also ...Read More >
New Delhi [India], February 24 (ANI): The Ministry of Information and Broadcasting (MIB) on Tuesday blocked five online streaming platforms following due procedure, according to government sources. The platforms identified include MoodXVIP, Koyal Playpro, Digi Movieplex, Feel, and Jugnu, which allegedly hosted obscene content. The IT Act and the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (IT Rules, 2021), together, have put in place a stringent f ...Read More >
New Delhi [India], February 24 (ANI): Union Minister Ashwini Vaishnaw met Katherine Dei Cas, Executive Vice President of Merck Electronics Katherine Dei Cas, to discuss semiconductor collaboration in the country. In a post on X, Vaishnaw said, "Met Ms. Katherine Dei Cas, EVP, Merck Electronics. Merck expressed a strong interest in expanding its engagement with Bharat's rapidly growing semiconductor ecosystem. Discussed new avenues for collaboration." Notably, the Union Budget 2026-27 marked a ...Read More >
Ranchi (Jharkhand) [India], February 24 (ANI): Jharkhand Chief Minister Hemant Soren on Tuesday expressed grief over the air ambulance crash in Chatra district that claimed the lives of seven people. The ill-fated Redbird Airways Pvt Ltd Beechcraft C90 aircraft, registered VT-AJV, was operating a medical evacuation flight from Ranchi to Delhi when it went down in Kasariya Panchayat under Simaria block on Monday evening at around 7:30 pm. All seven onboard, including two crew members, lost their ...Read More >
Agartala (Tripura) [India], February 24 (ANI): Tripura Chief Minister Manik Saha on Tuesday said that, as promised to the people of the state, the present government is providing jobs with transparency and job offers are being distributed openly because employment is being given to unemployed youth in a transparent manner. Saha said this while offering TFS Grade-One Fishery Officer posts to 52 candidates at a function held at Pragya Bhavan. He said that the goal of every initiative of the gove ...Read More >
MUMBAI: President Draupadi Murmu on Tuesday launched a nationwide campaign, Saving Lives and Building a Healthier Bharat, organised by PD Hinduja Hospital, at Lok Bhavan (formerly Raj Bhavan) in Mumbai. Ms. Murmu arrived in the city on Tuesday afternoon. The Hinduja Hospital, celebrating 75 years of service, said the initiative aims to extend healthcare to the rural and urban poor through mobile medical vans. The event was attended by Maharashtra Governor Acharya Devvrat, Chief Minister Devend ...Read More >
Rourkela: In its effort to bring innovations from the lab to the real world, the National Institute of Technology Rourkela (NIT Rourkela) spun off the startup Miraqules MedSolutions Pvt. Ltd. On Tuesday, the startup received regulatory approval for commercial manufacturing and clinical deployment of its patented technology -- a rapid nano-biopolymer hemostat designed to transform emergency hemorrhage control. As India faces significant challenges in trauma care, a major proportion of road accid ...Read More >
Singapore/Lucknow, Feb 24 (PTI) On the second day of his Singapore visit, Uttar Pradesh Chief Minister Yogi Adityanath presented a comprehensive roadmap, outlining initiatives aimed at transforming the state into a USD 1 trillion economy during the Invest UP Mega Road Show. He described the state's 'Triple S' model (Safety, Stability, and Speed) as the biggest guarantee for investment. Adityanath said that today, Uttar Pradesh has not only become the land of possibilities but also the land of ...Read More >
New Delhi [India], February 24 (ANI): The Delhi Government, led by Chief Minister Rekha Gupta on Tuesday approved a major project to develop a 61 km road along the Najafgarh Drain, aiming to improve traffic management and connectivity between rural areas and the city. The project, approved by the Finance Expenditure Committee, involves constructing a two-lane road on the left bank from Jhatikra Bridge to Chhawla Bridge (5.94 km) and roads on both sides of the drain from Chhawla to Basaidarapur ...Read More >
Mumbai (Maharashtra) [India], February 24 (ANI): IDFC FIRST Bank has credited ₹583 crore to departments of the Government of Haryana within 24 hours, honouring 100 per cent of the principal and interest claimed following a fraud incident at its Chandigarh branch, the bank said on Tuesday. According to a statement issued by the bank, preliminary findings indicate that certain branch employees allegedly acted fraudulently in clearing forged instruments and payment instructions, potentially in col ...Read More >
Kolkata (West Bengal) [India], February 24 (ANI): West Bengal government on Tuesday welcomed the Supreme Court's decision to permit the Chief Justice of the Calcutta High Court to deploy additional civil judges with three years of experience and, if required, seek assistance from the Chief Justices of Jharkhand and Odisha for verifying objections under the Special Intensive Revision (SIR) of the voter rolls in the state. The directions were issued by a bench led by Chief Justice of India Surya ...Read More >
Baramati (Maharashtra) [India], February 24 (ANI): The Directorate General of Civil Aviation (DGCA) has ordered a special safety audit of M/s VSR Ventures Pvt Ltd following the fatal crash of a Learjet 45 (VT-SSK) at Baramati on January 28 that claimed five lives, including 66-year-old Ajit Pawar. Pawar died on the morning of January 28 when the Learjet 45 aircraft (VT-SSK) carrying him crash-landed while attempting to land at Baramati airport in Pune district. The aircraft went down near the r ...Read More >
Bengaluru: In a shocking incident, an engineering student has mortgaged his friend's bank account details to cyber criminals to use it as a 'mule account' to transfer over ₹ 7 crore. However, when bank officials alerted the friend over a transaction of a huge amount in the account, he filed a complaint with Bagalakunte police, who arrested the Engineering student, identified as Ayush. A year ago, Ayush had befriended the complainant and they used to hang out frequently. Once, Ayush told the co ...Read More >
KAKINADA: Anti-Corruption Bureau (ACB) officials on Tuesday caught a forest section officer red-handed while allegedly accepting a bribe of ₹4 lakh in West Godavari district. The accused was identified as Sadu Suresh Kumar, forest section officer posted at Narsapuram and holding additional charge of Bhimavaram. He was caught while accepting the bribe from complainant B. Dhanunjaya Appa Rao, a resident of Pennada village in Palakoderu mandal. According to ACB officials, the complainant runs a s ...Read More >
New Delhi- The Union Cabinet on Tuesday approved the expansion of the civil enclave at the Srinagar International Airport at an estimated cost of Rs 1,677 crore. The expansion of the civil enclave will mark a major milestone in strengthening aviation infrastructure and connectivity in the Kashmir Valley, an official release said. "The project scope also includes the construction of barracks for security personnel. "Operated by the Airports Authority of India within the Budgam Airbase of the I ...Read More >
New Delhi, Feb 24 (PTI) Omnitech Engineering, a manufacturer of precision-engineered components, on Tuesday raised over Rs 174 crore from anchor investors, a day before the opening of its initial share-sale for public subscription. The anchor book saw participation from several domestic and global investors, including ICICI Prudential Mutual Fund (MF), Nippon India MF, WhiteOak Capital MF, Ashoka India Equity Investment Trust Plc, Malabar India Fund, Edelweiss MF and Allianz Global Investors, a ...Read More >
RAIPUR: Infrastructure gets focus in Chhattisgarh's 2026-27 budget, with the government rolling out a broad push across roads, irrigation, drinking water systems, airports and power networks. At the core is a ₹9,450 crore allocation for the Public Works Department, for continued and massive expansion of the road network. The budget announced by state finance minister OP Choudhary at new Vidhan Sabha building for the first time in Nava Raipur, included a ₹200-crore Mukhyamantri Drutgami Sadak Sam ...Read More >
Mumbai, Feb 24 (PTI) The Customs Department seized hydroponic weed of more than Rs 23 crore from three passengers who arrived at the Mumbai airport from Bangkok, officials said on Tuesday. Acting on spot checks and Advance Passenger Information System profiling, the customs officials booked three cases. A total of 23.593 kilograms of hydroponic weed, valued at approximately Rs 23.593 crore in the illicit market, was recovered from three passengers. They were arrested under provisions of the Na ...Read More >
HYDERABAD: Covasant Technologies on Tuesday said it has secured ISO/IEC 42001:2023 accredited certification, becoming one of a small number of organizations worldwide to hold the international standard for an Artificial Intelligence Management System (AIMS).The company said the milestone places it alongside global technology leaders such as IBM, Microsoft, AWS and Snowflake in demonstrating independently verified AI governance practices.The ISO/IEC 42001 certification evaluates how AI risks are ...Read More >
New Delhi, Feb 24 (PTI) The government on Tuesday permitted exports of 25 lakh tonnes of wheat, according to a commerce ministry notification. The decision was taken earlier this month, but the directorate general of foreign trade (DGFT) notified it on Tuesday. "The export policy of Wheat ...continues to remain prohibited. However, export of 25 Lakh Metric Tonnes (LMT) of Wheat is permitted," the DGFT said. This decision was taken in January by the Centre. It said that the detailed modalitie ...Read More >
Ranchi: A day after an air ambulance crashed in Jharkhand's Chatra district killing all seven people on board, two teams from the Directorate General of Civil Aviation (DGCA) arrived in the state on Tuesday and began investigating the accident, an official said. After post-mortem examination at Sadar Hospital in Chatra, the bodies of the victims were handed over to their families, barring one from Amritsar. Also read: Ranchi-Delhi air ambulance crashes in Jharkhand's Chatra, all seven on board ...Read More >
India's dynamic business landscape is constantly evolving. From the surge in fintech startups disrupting traditional banking to the impact of global inflation on domestic markets, understanding the economic currents is crucial. Stay informed on the latest developments in Indian business, including key policy changes, market analysis, and corporate strategies impacting sectors like manufacturing, IT, and agriculture. Explore in-depth reports on the rise of e-commerce giants, the challenges faced by MSMEs, and the government's initiatives to boost economic growth. Discover how foreign direct investment is shaping the future of Indian industries and the innovative solutions driving entrepreneurship. Dive into Abtak.com's business section for insightful commentary and data-driven analysis – empowering you to navigate the complexities of the Indian economy and make informed decisions. Stay ahead of the curve; explore the business news that shapes your future.