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], December 5 (ANI): Russian President Vladimir Putin on Friday said that his State visit to India and the agreements signed during bilateral talks with Prime Minister Narendra Modi will further strengthen and deepen the Russia-India strategic partnership, as both sides reviewed their cooperation across a wide spectrum of sectors. President Putin, during a joint press address at Hyderabad House, said the two leaders had developed a close working dialogue. He recalled his meeting ...Read More >
New Delhi, Dec 5 (SocialNews.XYZ) The Reserve Bank of India's decision to cut the repo rate is a move that uses the monetary space created by low inflation to stimulate consumption and strengthen the growth cycle, bankers said on Friday. Sakshi Gupta, principal economist at HDFC Bank, said the cut was in line with expectations as GDP growth had inched up above 8 per cent in Q2 FY26, the risk from external headwinds on exports continuing to linger on. She said that the sustainability of festive‑ ...Read More >
New Delhi, Dec 5 (UNI) India has emerged as a major global hub for electronics manufacturing, recording a sixfold jump in overall production and an eightfold rise in exports over the past eleven years, said Jitin Prasada, union Minister of State for Electronics and Information Technology, in a response in the Rajya Sabha. Electronics production in India surged from Rs 1.9 lakh crore in 2014-15 to Rs 11.32 lakh crore in 2024-25. A significant contributor has been mobile phone manufacturing, whe ...Read More >
Panaji, Dec 5 (PTI) The operations of IndiGo continued to be plagued by disruptions on Friday as the India's largest airline cancelled 31 domestic flights from Goa's Dabolim airport till noon. Amid a slew of cancellations, the Airports Authority of India (AAI) has advised passengers to check their latest flight status before heading to the airport. A senior official from the AAI, which runs the Dabolim airport in South Goa, said as of 12 noon, 31 IndiGo flights were cancelled, while only seven ...Read More >
BENGALURU -- India's civil aviation regulator on Friday relaxed some rules regarding pilot leave and night duties as IndiGo, the country's largest airline, continues to struggle with hundreds of flight cancellations stemming largely from a staffing crunch. The Directorate General of Civil Aviation ... ...Read More >
Mumbai, Dec 5 (SocialNews.XYZ) Indian stock markets ended higher on Friday after the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 5.25 per cent. The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, also kept its policy stance neutral. Along with the rate cut, the RBI sharply lowered its inflation forecast for FY26 to 2 per cent from 2.6 per cent and increased its growth projection to 7.3 per cent from 6.8 per cent earlier. Following the announcement, th ...Read More >
New Delhi [India], December 5 (ANI): BJP leader Amit Malviya hit out at the West Bengal government on Friday and alleged that the state's railway expansion and metro projects were stuck due to land acquisition failures. Amit Malviya shared Government of India, Ministry of Railways data in which Union Minister for Railways Ashwini Vaishnaw stated that execution of important infrastructure projects was falling fully/partly in the State of West Bengal and held up due to delay in land acquisition. ...Read More >
MUMBAI: Home loan rates are set to drop to levels last seen before the global financial crisis in 2008, with the RBI's monetary policy committee reducing the repo rate by 25 basis points to 5.25%.Several banks -- Union Bank, Bank of India, Bank of Maharashtra and Indian Overseas Bank -- currently offer home loans at 7.35%. Borrowers at this rate will see their interest rate decline to 7.1%, which is also the deposit rate offered by some private banks. On a Rs 1 crore home loan for 15 years, a 0. ...Read More >
Lucknow, Dec 5 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Friday underscored the need to implement the "One District, One Cuisine" (ODOC) concept to give each district a unified identity through its distinctive culinary heritage. Adityanath, in a high-level meeting here, said, "The 'One District, One Product' (ODOP) initiative, now a defining feature of 'Brand Uttar Pradesh', is set to advance to its next phase, ODOP 2.0, which will further boost local industries, self-employment, an ...Read More >
CHENNAI: IndiGo is in the middle of a major schedule disruption, with close to 900 flights cancelled since Tuesday. The airline is struggling to manage operations due to a shortage of crew and the rollout of revised duty-time norms. As a result, passengers at key airports including Chennai, Delhi, Bengaluru, Hyderabad, and Kolkata are facing long waits, packed terminals and increased last-minute fares. The DGCA has called IndiGo's senior leadership for a detailed review of the situation. We are ...Read More >
MUMBAI: Reserve Bank of India's Deputy Governor, Poonam Gupta, has responded to recent International Monetary Fund (IMF) comments questioning the quality of India's growth data and classifying the Indian rupee's exchange rate regime as a "crawling peg" within a managed float system.On the concern regarding data quality, Gupta said that the IMF's critique is more procedural than substantive. "The point that they're making on what is perceived to be the quality of our statistics is a very limited ...Read More >
NEW DELHI: IndiGo said that Friday should be the day with highest number of cancellations, as the airline is taking necessary steps to reboot its systems and schedules for progressive improvement. "Short-term proactive concellations are being made to ease operations, decongest the airports to prepare for starting stronger tomorrow," the airline said in a post on X. Hundreds of flights have been cancelled and delayed, leaving passengers stranded at airports as the flight disruptions continued f ...Read More >
New Delhi [India], December 5 (ANI): Russian President Vladimir Putin on Friday said that his State visit to India and the agreements signed during bilateral talks with Prime Minister Narendra Modi will further strengthen and deepen the Russia-India strategic partnership, as both sides reviewed their cooperation across a wide spectrum of sectors. President Putin, during a joint press address at Hyderabad House, said the two leaders had developed a close working dialogue. He recalled his meeting ...Read More >
Mumbai, Dec 5 (PTI) Stock market benchmark indices Sensex and Nifty rallied on Friday after the Reserve Bank of India (RBI) cut key benchmark interest rate for the first time in six months and took steps to boost liquidity to support a "goldilocks" economy in the face of high US tariffs. Rising for the second day in a row, the 30-share BSE Sensex advanced 447.05 points, or 0.52 per cent, to settle at 85,712.37. During the day, it jumped 531.4 points, or 0.62 per cent, to 85,796.72. The 50-shar ...Read More >
The report highlighted LIC's May 2025 investment of USD 570 million (around Rs 5,000 crore) in Adani Ports & SEZ (APSEZ). Finance Minister Nirmala Sitharaman on Monday said her ministry does not issue advisory or directions to Life Insurance Corporation of India (LIC) regarding its investment decisions, and emphasised that the investments that the state-owned insurer made in Adani Group were as per established SOPs. India's largest insurer has, over the years, made investment decisions across ...Read More >
XLRI launches an Executive Diploma in Advanced Business Strategies with Simplilearn, targeting CXOs transitioning to strategic leadership roles. The 12-month hybrid program includes online classes and on-campus immersion, focusing on cross-functional expertise, strategic management, and innovation. It addresses growing demand for leaders adept at connecting corporate strategy with digital innovation. XLRI, in collaboration with Simplilearn, has announced the launch of an Executive Diploma in Ad ...Read More >
According to the IMD, the minimum temperatures through the season are expected to stay normal to below normal over most of central India, the adjoining peninsular region and large parts of northwest India. Representative Image Don't want to miss the best from Business Standard? Large parts of north and central India are bracing for a harsher-than-usual winter, with the India Meteorological Department (IMD) on Monday warning of "normal to below-normal minimum temperatures" across these regions ...Read More >
India's Media and Entertainment sector is poised for significant growth, projected to contribute over $100 billion to GDP and create five million jobs by 2030. A new CII report urges an integrated policy framework, unified regulations, and infrastructure investment to transform India into a global creative hub. New Delhi: An integrated policy action framework is needed to transform India into a globally competitive creative economy hub by 2030, according to the CII's India's M&E Sector Report r ...Read More >
"There were no effects on movements of flights, on other runway ends having conventional navigational aids being operational," the government said. The Centre on Monday confirmed that some flights experienced GPS spoofing near the Indira Gandhi International airport in New Delhi while approaching runway no. 10. In a reply in the Lok Sabha, Union minister Ram Mohan Naidu said that the incident did no effect the movements of the flights. "Some flights reported GPS spoofing in the vicinity of IG ...Read More >
Mahindra & Mahindra on Monday said its total sales increased 19 per cent year-on-year to 92,670 units in November. In the passenger vehicle segment, the company sold 56,336 vehicles in the domestic market, a growth of 22 per cent over 46,222 units in the year-ago period, Mahindra & Mahindra (M&M) said in a statement. The domestic sales for commercial vehicles stood at 24,843, a growth of 17 per cent year-on-year, it added. Mahindra & Mahindra's Farm Equipment Business reported sales of 42,273 t ...Read More >
Don't want to miss the best from Business Standard? In a relief to coworking space provider WeWork India, the Bombay High Court on Monday dismissed the petitions challenging the approval of its initial public offering (IPO) by markets regulator the Securities and Exchange Board of India (Sebi), reported Bar and Bench. A division bench of Justice RI Chagla and Justice Farhan A Dubash dismissed the petition filed by an investor, Vinay Bansal, that alleged the company's draft red herring prospect ...Read More >
Equity benchmark indices Sensex and Nifty hit their fresh all-time highs in early trade on Monday as investors' sentiment turned positive after India's economy grew at a higher-than-expected 8.2 per cent in July-September - the fastest pace in six quarters. Photograph: Shailesh Andrade/Reuters The 30-share BSE Sensex jumped 452.35 points to 86,159.02 -- its record peak. The 50-share NSE Nifty climbed 122.85 points to hit a lifetime high of 26,325.80. From the Sensex firms, Adani Ports, Bhara ...Read More >
Besides, The Central Excise (Amendment) Bill, 2025, and 'The Health Security se National Security Cess Bill, 2025' are listed for introduction by Finance Minister Nirmala Sitharaman in the Lok Sabha on Monday. The government has listed nine economic bills, including a bill to amend Insurance Laws and two others to levy tax and cess on sin goods like tobacco and pan masala, for the Winter Session of Parliament beginning Monday. Also, the first batch of Supplementary Demands for Grants for 2025- ...Read More >
It asked the Department of Telecom to ensure that telecom service providers do not provide multiple SIM cards to one user or entity, which may be used in cyber crimes. New Delhi: The Supreme Court on Monday asked the CBI to carry out a unified pan-India probe into digital arrest scam cases and asked the RBI as to why it was not using Artificial Intelligence to find out and freeze bank accounts used by cyber criminals. Digital arrest is a growing form of cyber crime in which fraudsters pose as ...Read More >
VMPLMumbai (Maharashtra) [India], December 1: For most salaried Indians, Provident Fund (PF) is that one pot of money that quietly grows in the background, meant to be there when life stops going according to plan or there is a crucial life event such as marriage, home loan or purchase. Yet the moment people actually need it or try online PF withdrawal, many discover a hard truth: PF withdrawal often feels less like a process and more like a toss of a coin.The rules are written. The steps are li ...Read More >
The Lok Sabha faced multiple adjournments on the first day of the winter session due to persistent opposition sloganeering. Despite attempts to introduce crucial bills, proceedings lasted barely 50 minutes. Finance Minister Sitharaman tabled the Manipur GST Amendment Bill amidst calls for order and decorum within the house. The Lok Sabha's winter session commenced with turbulence as the opposition's endless sloganeering led to multiple adjournments on the first day. Proceedings lasted a mere 50 ...Read More >
Mumbai (Maharashtra) [India], December 1: For most salaried Indians, Provident Fund (PF) is that one pot of money that quietly grows in the background, meant to be there when life stops going according to plan or there is a crucial life event such as marriage, home loan or purchase. Yet the moment people actually need it or try online PF withdrawal, many discover a hard truth: PF withdrawal often feels less like a process and more like a toss of a coin.The rules are written. The steps are listed ...Read More >
New Delhi: Punjabi music superstar Karan Aujla is set to bring his highly anticipated P-POP CULTURE World Tour to India in early 2026, promising fans a spectacular live experience across six major cities. For the first time in his career, Aujla will perform in stadiums in New Delhi and Chandigarh, marking a historic milestone for the global Punjabi icon. Tickets for the India leg will be available on District, with a 48-hour early access window for HSBC credit card holders starting 1 December ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Yearn Finance reported that a legacy yETH product was hit by an exploit that allowed an attacker to mint a massive amount of fake tokens and swap them for real assets. According to on-chain alerts and protocol statements, the attacker created a near-infinite supply of yETH in a single transaction, then used those tokens to pull ETH and liquid-staking derivatives from liquidity po ...Read More >
New Delhi, Dec 1 (PTI) The Supreme Court on Monday asked the CBI to carry out a unified pan-India probe into digital arrest scam cases and asked the RBI as to why it was not using Artificial Intelligence (AI) to find out and freeze bank accounts used by cyber criminals. Digital arrest is a growing form of cybercrime in which fraudsters pose as law enforcement, court officials or personnel from government agencies to intimidate victims through audio and video calls. They hold the victims hostage ...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.