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: Parliament on Wednesday passed a bill to raise FDI in the insurance sector to 100 per cent from the current 74 per cent, which is expected to increase insurance penetration, lower premiums, and boost job creation. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha with a voice vote, a day after it was passed by the Lok Sabha. The House also rejected several amendments made by the Opposition to the bill, including the one to send the ...Read More >
Dehradun (Uttarakhand) [India], December 17 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami on Wednesday conducted a detailed review of preparations for the "Jan-Jan Ki Sarkar, Jan-Jan Ke Dwar" programme at the Chief Minister's residence. He emphasised the need to ensure that welfare scheme benefits reach every eligible citizen under the "Administration Towards the Village" campaign. The Chief Minister directed officials to organise multipurpose camps in all Nyaya Panchayats across the s ...Read More >
Panaji (Goa) [India], December 17 (ANI): A Goa court on Wednesday granted 5-day police custody of Luthra brothers - Saurabh and Gaurav, co-owners of 'Birch by Romeo Lane' nightclub - where 25 people died and several others were injured in a fire on December 6. Goa Police presented the acccused before the Mapusa Judicial Magistrate First Class (JMFC) court after they were arrested from Delhi airport on Tuesday on being deported from Thailand where they fled after the blaze. Luthra brothers under ...Read More >
Muscat: The Sultanate of Oman and the Republic of India signed today an executive programme, a joint vision document, and four Memoranda of Understanding (MoUs) in Muscat. The signing took place within the framework of the current official visit of the Prime Minister of the Republic of India to the Sultanate of Oman. The signing ceremony included the Joint Maritime Vision Document and an executive programme for cooperation in millet cultivation and innovation in the food and agricultural indus ...Read More >
NEW DELHI: Telecom regulator Telecom Regulatory Authority of India (TRAI) has mandated that entities regulated by the Insurance Regulatory and Development Authority of India (IRDAI) should adopt, by February 15, 2026, the '1600' series numbers for making service and transactional calls to consumers. The Trai said that the direction has been issued with the objective of enhancing consumer trust, curbing spam, and preventing fraudulent activities perpetrated through voice calls. "The series will ...Read More >
Mumbai (Maharashtra) [India], December 17 (ANI): The Securities and Exchange Board of India (SEBI) on Wednesday approved a series of far-reaching regulatory reforms aimed at simplifying market regulations, lowering transaction costs and improving cost transparency, measures that are expected to boost investor participation across mutual funds, equity and debt markets. At its board meeting held in Mumbai, SEBI Chairman underlined the need for simplifying regulatory language and improving ease of ...Read More >
Navi Mumbai, Dec 17 (SocialNews.XYZ) Veer Ahlawat fired a second straight six-under 65 to build a three-shot lead in the second round of the INR 1 crore CIDCO Open 2025, the first-ever professional event being played at the Kharghar Valley Golf Course (KVGC) in Navi Mumbai. The 2024 PGTI Order of Merit champion Veer (65-65) matched his course record score from round one to total 12-under 130 at the halfway stage and extended his overnight lead by a shot. Italy's Michele Ortolani (67-66) brough ...Read More >
Bengaluru (Karnataka) [India], December 17 (ANI): India Post unveiled Karnataka's first Gen Z-themed post office at Acharya Institute of Technology in Bengaluru, marking a significant step towards engaging the younger generation and reimagining the role of post offices in the digital age. The Gen Z Post Office aims to serve as a social and functional space where young people can access postal services while spending time with friends. Also Read | TV Actor Anuj Sachdeva Says He Feels 'Very Unsa ...Read More >
Hyderabad: Cyberpolice arrested a fraudster, who duped a victim to the tune of ₹32 lakh, from his house in Mumbai. He was linked to a Chinese national, who is the kingpin of crypto fraud.According to cybercrime DCP V. Arvind Babu, Ansari Mohammed Umar Murad alias Umar had cheated several people in online trading. "We received a complaint from a person who fell victim to an investment fraud."The victim said he clicked on the advertisement that purportedly claimed to be of the Aditya Birla Group. ...Read More >
Dibrugarh (Assam) [India], December 17 (ANI): Adding a new milestone to women's empowerment in the state, Assam Chief Minister Dr Himanta Biswa Sarma on Wednesday handed over cheques of Rs 10,000 to each of the 23,791 beneficiaries under MMUA of Tingkhong Legislative Assembly Constituency at a function held at Abhoypur Rural Sports Complex in Moran in Dibrugarh district. During the event, 23,791 beneficiaries from the Tingkhong constituency received seed capital cheques of Rs 10,000 each as the ...Read More >
New Delhi [India], December 17 (ANI): State-owned power generation company NTPC on Wednesday declared commercial capacity addition of 359.58 MW through its various solar projects of its subsidiaries in the states of Gujarat & Rajasthan, taking the Group commercial capacity of over 85.5 GW. NTPC has declared commercial operation date (COD) of part capacity of 243.66 MW out of 1255 MW Khavda -1 Solar PV project in Gujarat of NTPC Renewable Energy Ltd, a stepdown subsidiary of NTPC through its sub ...Read More >
MUMBAI: After being nearly absent from the forex market for a while to let the rupee find its own feet, the Reserve Bank on Wednesday stepped in forcefully to support the rupee, a day after it breached the 91 mark. This propelled the bleeding-for-long currency to the biggest single-day gain in seven months in a move seen intended to punish those betting on a one-way slide in the currency. The rupee rose as much as 1.03% intra-day -- soon after opening mildly lower than the historic low record y ...Read More >
NEW DELHI: Chief economic adviser (CEA) V Anantha Nageswaran on Wednesday said that India is at a demographic and economic inflection point and higher education will play a decisive role, as millions of youngsters get ready to enter the workforce over the next two decades. "States hold the key to the next phase of higher education reform in India," he said at a CII event here. The CEA also stressed on addressing shortage of teachers urgently through mechanisms such as professors of practice and ...Read More >
Food and beverages (F&B) and entertainment now account for 30-35 per cent of footfalls, resulting in a resilient retail mix almost completely immune to the online retail disruptions that are defeating Western malls, the report mentioned. India, which is on track to become a $6 trillion consumption economy by 2030, is projected to see over $3.5 billion of capital inflows in the retail space in the next three years, as malls in western countries brace for an existential crisis, a report showed on ...Read More >
Indian companies are expected to roll out an average salary increase of about 9 per cent in 2026, even as they navigate a more challenging economic environment, according to Mercer India's 'Total Remuneration Survey 2026' released on Tuesday. The survey, which tracks remuneration trends across more than 8,000 roles and over 1,500 companies, shows that while the overall salary hike outlook remains steady, employers are increasingly reworking how pay is structured, with a sharper focus on short-t ...Read More >
Days after a devastating fire at an upscale nightclub in India's Goa state killed 25 people, the spotlight remains on the two brothers who co-owned the place. On Tuesday, Saurabh and Gaurav Luthra were deported to India from Thailand, where they fled hours after the incident on 7 December. A third partner in the nightclub, Ajay Gupta, was detained in Delhi last week. Until a few weeks ago, the brothers who grew up in Delhi, were not known beyond India's hospitality and nightlife circuit. Tho ...Read More >
PM Modi is in Oman for a 2-day visit marking 70 years of India-Oman ties. The trip's central focus is the Comprehensive Economic Partnership Agreement (CEPA), a trade pact expected to double bilateral trade and boost energy and food security. In the third and final leg of his three-nation visit, Prime Minister Narendra Modi will visit Oman on December 17-18. This trip, which marks 70 years since the establishment of diplomatic ties between India and Oman, focuses on strengthening business and s ...Read More >
IndiGo has overtaken Air India and Air India Express in international travel. This shift occurred in the July-September 2025 quarter. Air India reduced flights after a recent crash. IndiGo carried more passengers during this period. The airline also maintained its international services during recent disruptions. Future changes are expected as Air India upgrades its fleet. IndiGo has, for the first time, carried more international passengers than the combined Air India and Air India Express net ...Read More >
Odisha aims to become a leading pharmaceutical and medical device investment hub, as highlighted at the Odisha Pharma Summit 2025. "Odisha will be a leading destination for pharmaceutical and medical‑device investments - the most competitive hub for innovation and jobs. Yahi samay hai," said Chief Minister Mohan Charan Majhi while addressing the Odisha Pharma Summit 2025, the State's first dedicated summit focused on pharmaceuticals, medical devices, and life sciences manufacturing. The summi ...Read More >
Stage 4 curbs ban older petrol and diesel vehicles, restrict truck movement and tighten enforcement across Delhi-NCR. New Delhi: Delhi has once again entered the 'Severe' air pollution category, prompting the Commission for Air Quality Management (CAQM) to implement Stage 4 measures under the Graded Response Action Plan (GRAP) across the National Capital Region. The curbs were triggered after the city's Air Quality Index (AQI) crossed 400, prompting the strictest set of restrictions to limit v ...Read More >
Mumbai, Dec 17: In four separate cases, Mumbai Airport Customs officials have seized drugs worth ₹8.46 crore and gold worth over ₹3 crore. According to Customs sources, based on spot profiling, a Bangladeshi national who had arrived from Malé and was in transit to Dubai was apprehended while handing over four oval-shaped packets containing gold dust mixed with wax, weighing 1,460 grams and valued at ₹1.86 crore, to another person. The Bangladeshi national and his accomplice were arrested on Wed ...Read More >
New Delhi, Dec 17 (PTI) A parliamentary panel examining the recent air traffic disruptions tried to fix responsibility for Indigo's mass cancellation of flights as senior aviation officials and IndiGo COO Isidro Porqueras appeared before it on Wednesday, but found the replies of the airline and DGCA "evasive and unconvincing", according to sources. The Parliamentary Standing Committee on Transport, Tourism and Culture, chaired by JD(U) leader Sanjay Jha, did not come to any conclusion and decid ...Read More >
New Delhi: Parliament on Wednesday passed a bill to raise FDI in the insurance sector to 100 per cent from the current 74 per cent, which is expected to increase insurance penetration, lower premiums, and boost job creation. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha with a voice vote, a day after it was passed by the Lok Sabha. The House also rejected several amendments made by the Opposition to the bill, including the one to send the l ...Read More >
Srinagar: In a significant enhancement to its operational capabilities along the northern borders, the Indian Army successfully inducted tanks, artillery guns, and engineering equipment into the Kashmir Valley using a Military Special Train on Wednesday. This operation, conducted as part of a validation exercise, involved the seamless transportation of heavy assets -- including tanks, advanced artillery systems, and dozers -- from the Jammu region to Anantnag in southern Kashmir. The move demon ...Read More >
New Delhi, Dec 17 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) on Wednesday approved a comprehensive overhaul of mutual fund regulations to improve cost transparency and reduce the expense burden on investors. According to the report, the changes were cleared by the SEBI board and will be implemented through the new SEBI (Mutual Funds) Regulations, 2026, replacing the existing 1996 framework after a detailed review. At the core of the reform is a revamp of the Total Expen ...Read More >
Muscat - Indian business leaders and representatives of industry chambers have underlined the growing depth of India-Oman economic relations and pointed to significant growth opportunities across multiple sectors as Prime Minister Narendra Modi visits Oman on December 17-18. In a report published by ANI, Naveen Jindal, Chairman of Jindal Steel, said the Prime Minister Modi's visit has generated widespread enthusiasm in the sultanate. "This is a very big moment that India's Prime Minister, Nare ...Read More >
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi will lead a high-level investors' roadshow in Hyderabad on December 19 as part of the state government's push to attract fresh investments and position Odisha as a preferred industrial destination. The roadshow, to be held over two days, will focus on promoting investment opportunities in key sectors including automotive components, IT and electronics system design and manufacturing (ESDM), chemicals, green energy, pharmaceuticals and medica ...Read More >
New Delhi, Dec 17 (PTI) Medical devices firm Healthium Medtech on Wednesday announced acquisition of a controlling stake in Paramount Surgimed Ltd. Paramount Surgimed is one of India's largest manufacturers and exporters of surgical blades, scalpels and dermal biopsy products. The non-surgical business of Paramount, including its lifestyle and hygiene business will be carved out prior to the transaction and retained with its promoter Grover family, Healthium Medtech said in a statement. The a ...Read More >
Bhubaneswar: Vedanta Aluminium, one of the world's leading aluminium producers, has successfully scaled up operations at its Lanjigarh Refinery to 5 million tonnes per annum (MTPA), marking a major milestone in the company's growth trajectory and reinforcing India's push towards self-reliance in the aluminium sector. With the expansion, Vedanta's Lanjigarh facility has emerged as the world's second-largest alumina refinery. The scale-up raises India's total alumina refining capacity to nearly 1 ...Read More >
New Delhi [India], December 17 (ANI): Aam Aadmi Party (AAP) MP Raghav Chadha on Wednesday asked the government not to levy toll tax if a person has to wait for more than five minutes at the toll plaza, stating that the tax "sometimes takes the shape of a legalised loot". Raghav Chadha also raised issues regarding the toll tax during Question Hour in the Rajya Sabha earlier today. In an interview with ANI, the AAP MP said the toll tax concept requires well-maintained roads and asked whether cit ...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.