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, June 7 (SocialNews.XYZ) India can position itself as a global leader in livestock exports, especially in value-added segments, and the industry must be more aspirational and aim for a 20 per cent increase in exports this fiscal (FY26), senior government officials have said. In last fiscal (FY25), the overall exports of animal products stood at $5114.19 million, registering a growth of 12.56 per cent. This was conveyed at the Agricultural and Processed Food Products Export Development Authority (APEDA) and Department of Animal Husbandry and Dairying (DAHD) organised a workshop on "Exports of Livestock and their Value Added Products - Future Prospects and Way Forward" in the national capital. Alka Upadhyaya, Secretary, DAHD, said this goal can be achieved with sustained investment in disease control infrastructure, quality systems, exploring diplomatic channels for enhanced market access and exports and bio-security measures. "Industry must focus on processing of livestock and further improve the quality of livestock products by having a star rating for plants and establishments to ensure globally competitive exports," she added. The workshop convened senior officials from the Central and state governments, industry stakeholders, policy experts and scientists to deliberate on strengthening India's livestock export ecosystem through quality enhancement, disease prevention, market access initiatives, Foot and Mouth Disease (FMD) free infrastructure, technological advancements, market intelligence and global market alignment. Delivering a special address, Additional Secretary, DAHD, Varsha Joshi shared updates on disease control efforts and highlighted the "urgent need for constant resource supply, clean and hygienic conditions to ensure quality, saving male calf project, market intelligence and establishing Foot and Mouth Disease (FMD) free zones in the country." She mentioned that, based on the progress and achievement of FMD programme, "the Department is working towards designating 9 states namely Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Uttarakhand, Punjab, Haryana, Maharashtra and Gujarat as FMD-free zones." Joshi also highlighted the need for strengthening the supply chain of livestock exports by introducing traceability across the value chain and extending support to the industry under the Department's Animal Husbandry Infrastructure Development Fund (AHIDF). Abhishek Dev, Chairman of APEDA highlighted India's growing role as a reliable exporter of hygienic, traceable and quality-assured livestock products. "There is a significant opportunity to increase the exports of animal products by gaining market access in new markets, developing new and innovative value added and processed products for exports and extolling the industry to maintain highest quality and standards," he mentioned.
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
Hit by economic slowdown and poor infrastructure, industrialists from Jharkhand's key industrial districts -- East Singhbhum, West Singhbhum, and Seraikela-Kharsawan -- are looking to the newly formed state government for revival and support. The industrial zones of Adityapur, Gamharia, Kandra, and Chandil have been grappling with inadequate infrastructure, including poorly maintained roads, lack of bridges, erratic water supply, and unreliable power. Entrepreneurs in these regions hope the new administration will address these issues and work toward improving the state's industrial ecosystem ...Read More >
New Delhi [India], May 28 (ANI): The Union Cabinet on Wednesday approved the continuation of the interest subvention component under the Modified Interest Subvention Scheme (MISS) for farmers for the financial year 2025-26, and approved required fund arrangements. It is a Central Sector Scheme aimed at ensuring the availability of short-term credit to farmers at an affordable interest rate through Kisan Credit card (KCC). Also Read | Parcel Bomb Case: Odisha Court Convicts Accused Punjilal Meher, Sentences Him to Life Imprisonment. Under the Scheme: Farmers received short-term loans of up t ...Read More >
Kandla (Gujarat) [India], June 5 (ANI): On the occasion of World Environment Day, the Deendayal Port Authority (DPA) Kandla reaffirmed its unwavering commitment to sustainability and joined the global movement to 'Beat Plastic Pollution.' DPA highlighted its ongoing efforts toward building a cleaner, greener maritime ecosystem. These include conserving green cover, embracing renewable energy, and implementing comprehensive green port initiatives--all aligning with the port's long-term vision of environmental stewardship. To mark the day, a tree plantation drive was organised, witnessing enth ...Read More >
India has pledged USD 20 billion towards infrastructure development, prioritizing multimodal logistics, port connectivity, and trade facilitation, according to Union Minister Sarbananda Sonowal. He emphasized India's growing maritime capabilities and called for greater partnerships in seafarer recruitment. Strategic corridors like IMEEC, EMC, and INSTC are strengthening maritime connectivity and supply chains.India has committed USD 20 billion for infrastructure development, with a focus on enhan ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
The overall development of the country is not possible without the development of agriculture and farmers. The nation's economy can be strengthened by the development of agriculture, fishery production, and livestock, President Droupadi Murmu said on Thursday. Gracing the convocation ceremony of the Odisha University of Agriculture and Technology at Bhubaneswar, she said agriculture is facing new challenges such as natural disasters, adverse effects of climate change, decreasing per capita farm ...Read More >
New Delhi [India], June 6 (ANI): In a move to uphold animal welfare and maintain public hygiene, the Delhi Government has issued a strict advisory against the illegal killing and sacrifice of cows, calves, camels, and other prohibited animals during the Bakra-Eid on June 7, a release said. The advisory issued by the Delhi Government outlines strict guidelines to ensure lawful and hygienic practices during Bakra Eid. It mandates that all sacrificial rituals must occur exclusively at designated locations, explicitly prohibiting sacrifices on roadsides, streets, or any public spaces. It emphas ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
Agartala, Jan 31 (VOICE) Tripura has 73 per cent reserve forest cover and absorb huge carbon from the atmosphere, Tripura Chief Minister Manik Saha said, adding that keeping this in mind, the state government has sought 20 per cent devolution of taxes in the forests and ecology category to the 16th Finance Commission, which is now visiting the state.The 16th Finance Commission headed by its Chairman Arvind Panagariya arrived in Tripura on Wednesday on a four-day visit to the state and held a series of meetings with the Tripura council of ministers headed by the Chief Minister. The Commission ...Read More >
Thiruvananthapuram, June 6 (SocialNews.XYZ) Reacting to the controversy after the Kerala Agriculture Minister P. Prasad boycotted the state-level celebrations on the World Environment Day at the Raj Bhavan -- the official residence of the state Governor, Rajendra V. Arlekar, the latter expressed his displeasure. Speaking at the event as the state Governor, Arlekar expressed his displeasure by saying that the Agriculture Minister should also have been present here. "The State Education Minister informed that he could not come. Then the Agriculture Minister also did not come. I do not know wha ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...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 >
Mumbai, Dec 18 (PTI) Jobs and talent platform and a Quess company, foundit, on Wednesday announced the appointment of V Suresh as its Chief Executive Officer. With over two decades of experience in the internet domain, digital transformation, and the e-recruitment ecosystem, Suresh brings a wealth of strategic expertise and a forward-looking vision to foundit (formerly Monster APAC and ME), the company said in a statement. "Suresh's deep understanding of the digital talent ecosystem and proven ability to scale businesses will help us strengthen our leadership position in the market. Under hi ...Read More >
New Delhi: Rare earth magnets, essential for EV motors, have become the latest flashpoint in India's growing electric mobility ambitions. These magnets power the core of Brushless DC (BLDC) and Permanent Magnet Synchronous Motors (PMSM), which drive most electric vehicles today, particularly two-wheelers. With China tightening export controls, Indian automakers now face serious supply-side disruptions. If the situation continues, industry experts warn that EV prices could rise, production could slow and expansion plans may take a hit. In April this year, China imposed an export curb on rare- ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Chennai, June 2025: India Yamaha Motor (IYM) Pvt. Ltd. is proud to commemorate a significant milestone in its manufacturing journey with the completion of 10 years of operations at its Chennai Factory. Reinforcing its role as a critical production base for both domestic and global markets, the company also celebrated the roll-out of its 5 millionth two-wheeler from this state-of-the-art facility -- an Aerox 155 Version S that marked the milestone. Over the past decade, the Chennai plant has become a cornerstone of Yamaha's global operations to serve both Indian customers and export markets. I ...Read More >
Baghpat (Uttar Pradesh) [India], January 28 (ANI): Union Minister Arjun Ram Meghwal has sought AAP convener Arvind Kejriwal's apology from the nation after BR Ambedkar's statue was vandalised in Punjab's Amritsar on January 26. A youth has vandalised the life-size statue of Ambedkar in Amritsar by climbing atop it and striking it with a hammer on Republic Day on Sunday. A video clip purportedly of the incident also went viral on social media. Also Read | Maha Kumbh Mela 2025: A Day Before Mauni Amavasya Amrit Snan, 5 Crore Devotees Take Holy Dip in Triveni Sangam on January 28, Total Pilgrim ...Read More >
Shimla (Himachal Pradesh) [India], May 21 (ANI): Chief Minister Thakur Sukhvinder Singh Sukhu paid rich tribute to former Prime Minister Rajiv Gandhi on his death anniversary in Shimla. He garlanded the statue of Rajiv Gandhi at Sadbhawana Chowk, Chhota Shimla. Sukhvinder Singh said, "Rajiv Gandhi sacrificed his life for the unity and integrity of this country. Whenever there was a crisis in the country, Rajiv Gandhi never stepped back from making sacrifices. Today's 21st century India, the India of information revolution and digital revolution, was imagined by Rajiv Gandhi 40 years ago... Th ...Read More >
NEW DELHI, June 5 (Reuters) - Indian and U.S. are holding high-level talks this week, aiming to finalise tariff cuts in sectors such as farm and automobiles as part of an interim deal, two government sources said, with an announcement likely later this month. A U.S. delegation led by senior officials from the Office of the United States Trade Representative (USTR) began closed-door, two-day discussions in New Delhi on Thursday with Indian trade officials headed by chief negotiator Rajesh Agrawal ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
Bengaluru, 26th May 2025: The Ministry of Skill Development and Entrepreneurship (MSDE) will convene the 38th Meeting of the Central Apprenticeship Council (CAC) on 26th May 2025 at Vigyan Bhawan, New Delhi. The Council, reconstituted in October 2024 under the chairmanship of Shri Jayant Chaudhary, Hon'ble Minister of State (Independent Charge), MSDE, plays a pivotal role in advising the Government on key policies related to apprenticeship training across the country. The last CAC meeting was held in June 2021. Since then, India's apprenticeship landscape has evolved considerably -- with over ...Read More >
New Delhi, June 6: In a move to uphold animal welfare and maintain public hygiene, the Delhi Government has issued a strict advisory against the illegal killing and sacrifice of cows, calves, camels, and other prohibited animals during the Bakra-Eid on June 7, a release said. The advisory issued by the Delhi Government outlines strict guidelines to ensure lawful and hygienic practices during Bakra Eid. It mandates that all sacrificial rituals must occur exclusively at designated locations, explicitly prohibiting sacrifices on roadsides, streets, or any public spaces. It emphasises zero tolera ...Read More >
New Delhi [India], June 7 (ANI): The Ministry of Statistics and Programme Implementation (MoSPI), in partnership with NITI Aayog and the World Bank as a knowledge partner, organised a two-day National Workshop entitled "Using Alternate Data Sources and Frontier Technologies for Policy Making." This event took place at Bharat Mandapam in New Delhi on June 5 and 6. The National Workshop concluded with a Valedictory Session on 6 June. Also Read | UK Foreign Secretary David Lammy Meets PM Narendra Modi, Expresses Support for India's Fight Against Cross Border Terrorism (See Pics). According to ...Read More >
MANDYA: Tension gripped Elechakanahalli village in Mandya taluk after Dalits were allegedly denied entry into Maramma temple by upper caste people. As the situation escalated, heavy police deployment was made to prevent any untoward incidents. The controversy began when upper caste villagers reportedly blocked Dalits from entering Maramma temple, leading to clashes between the two communities. Taluk authorities temporarily sealed the temple and enforced tight security in the area. Later, leaders from both communities placed separate locks on the temple doors, further deepening the standoff. ...Read More >
Mumbai, June 8 (SocialNews.XYZ) On her milestone 50th birthday, Shilpa Shetty took a heartfelt moment to reflect on her incredible journey and the defining stories that have shaped her both personally and professionally. Celebrating decades of success and growth, she shared insights into the experiences that made her the strong and inspiring woman she is today. Taking to Instagram, she posted a video of her transformation over the years and wrote, "Grateful for my journey and the stories that made me and the ones still on my way. Thank you for all your love and wishes Instafam. #Gratitude #lo ...Read More >
Gandhinagar (Gujarat) [India], June 27 (ANI): Infosys founder NR Narayana Murthy visited the Gujarat International Finance Tec-City (GIFT City) in Gandhinagar on Friday and lauded the rapid progress being made, expressing appreciation for the world-class infrastructure and the growing number of international companies establishing operations there. During his visit, he held a detailed meeting with GIFT City Chairman Hasmukh Adhia, GIFT City Managing Director and Group CEO Tapan Ray, and K Rajaraman, Chairman of the International Financial Services Centres Authority (IFSCA). Also Read | PM Na ...Read More >
Kota, Jun 6 (PTI) A relationship manager in an ICICI bank branch in Kota allegedly swindled around Rs 4.58 crore from customers' accounts only to lose the lot of it in the stock market, police on Friday said. She was arrested last week and is currently under judicial custody, they said. Also Read | Bengaluru Stampede: Police Complaint Lodged Against Virat Kohli Over Stampede Tragedy Near Chinnaswamy Stadium. The accused, Sakshi Gupta, was posted as a relationship manager at ICICI Bank's DCM branch. Police said she had been pilfering from more than 110 accounts belonging to 41 customers for ...Read More >
New Delhi [India], June 8 (ANI): Filmmaker Anurag Kashyap has responded strongly to recent remarks made by Netflix co-CEO Ted Sarandos about the streaming platform's initial programming choices in India. Kashyap, who co-created Netflix India's debut original series 'Sacred Games', did not mince words in his criticism. The controversy began during Sarandos' appearance on a podcast, where the executive reflected on Netflix's early foray into the Indian market. He expressed reservations about whether launching with 'Sacred Games' in 2018 was the right strategic move, suggesting the platform mi ...Read More >
Nagpur, June 8 (SocialNews.XYZ) Orange Tigers defeated Nagpur Titans by eight wickets (D/L Method) at the Vidarbha Cricket Association Stadium in Jamtha on Sunday in the Vidarbha Pro T20 League. After losing the toss and being put into bat first, Aniruddha Choudhari and Satyam Bhoyar opened the innings for Nagpur Titans. While Bhoyar was dismissed without opening his account, Choudhari scored 20 in 18 balls. After the fall of the second wicket at the score in 5.2 overs, Skipper Jagjot Sasan was joined by Shubham Dubey in the middle. The duo added 49 runs for the third wicket before Sasan was ...Read More >