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.
Andhra Pradesh AI University: The Andhra Pradesh government has embarked on a transformative journey by signing a groundbreaking Memorandum of Understanding with global technology leader NVIDIA to establish India's pioneering Artificial Intelligence University. This strategic partnership promises to revolutionize the state's educational landscape and position Andhra Pradesh as the nation's AI innovation hub.
Bengaluru (Karnataka) [India], June 30: Bengaluru-based SatSure, a full-stack satellite Earth Observation (EO) and Decision Intelligence company, is pleased to announce the signing of a Memorandum of Understanding (MoU) with Hyderabad-based Dhruva Space, a leading full-stack Space solutions provider with proven expertise in satellite platforms, launch services, and ground station infrastructure. This strategic partnership aims to unify the two companies' end-to-end, indigenously-developed capabilities across the upstream and downstream segments of the Space value chain, addressing the needs of ...Read More >
Hyderabad: The Ministry of Information and Broadcasting is taking bold strides to position India at the forefront of the global creative economy with the strategic use of artificial intelligence, said Union I&B Secretary Sanjay Jaju. Addressing during a high-profile meeting held on Thursday at T-Hub Hyderabad, he invited India's top AI and ML startups to join the Ministry's ambitious challenges -- Kalaa Setu and Bhasha Setu -- launched under the WaveX Startup Accelerator Platform. Jaju emphasized that these initiatives align with the Prime Minister's vision of nurturing a thriving creator ec ...Read More >
Lieutenant General Manjinder Singh emphasized the Indian Army's need to adapt to modern warfare challenges at a Jaipur seminar. He highlighted the importance of AI, advanced systems, and ISR capabilities, citing Operation Sindoor's success. A MoU with MNIT Jaipur aims to boost indigenous defense technology, focusing on integrating cutting-edge solutions and ethical AI development for future military operations. South Western Army Commander Lieutenant General Manjinder Singh on Wednesday said tha ...Read More >
Mumbai (Maharashtra) [India], September 30: LOréal announced the winners of the India regional finals of its Big Bang Beauty Tech Innovation Program. The biggest Beauty Tech open innovation competition of this geographical scale, the program intensifies LOreal startup focus and investment in beauty innovation. Three startups from India emerged victorious and have secured their place at the Grand Finale in Singapore this November. After a rigorous evaluation process by a distinguished judging panel of industry experts from LOréal and Google, the India winners were selected for their bold, scal ...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 >
Andhra Pradesh, home to India's lone operational spaceport, Satish Dhawan Space Centre (SDSC-SHAR), has revealed its State Space Policy for 2025-2030. The Southern Indian state of Andhra Pradesh, home to India's lone operational spaceport, Satish Dhawan Space Centre (SDSC-SHAR), has revealed its State Space Policy for 2025-2030. According to the Andhra Government, the policy will facilitate investments amounting to Rs 25,000 crore (over $3 billion) in the space sector over the next decade and cr ...Read More >
New Delhi, July 18 (SocialNews.XYZ) India is set to lead the global creative economy with AI-driven innovation, as the startup ecosystem surges especially in the tier 2 and 3 cities, according to the government. In order to ensure inclusive communication and last-mile information delivery in every language across the country, the Ministry of Information and Broadcasting is moving towards adopting AI-based solutions that can bridge linguistic divides. Addressing a meeting with incubators and startups at the T-Hub in Hyderabad, Sanjay Jaju, Secretary of Ministry of Information & Broadcasting, ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC Bank, Eternal (Zomato), HUL, Sun Pharma, Bajaj Finance, ICICI Bank, Titan and Bajaj Finserv ...Read More >
BHUBANESWAR: In a significant move poised to reshape Odisha's digital economy, the state government on Thursday announced the launch of the Integrated Global Financial Technology Capability Hub (I-GFTCH) in the city. Being set up in collaboration with Singapore-based Global Finance and Technology Network (GFTN) and the Asian Institute of Digital Finance (AIDF) at the National University of Singapore (NUS), this first-of-its-kind FinTech capability centre will make over 7,000 graduates job-ready ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...Read More >
VIJAYAWADA: Andhra Pradesh Capital Region Development Authority (APCRDA), in the presence of Chief Minister Nara Chandrababu Naidu, has entered into a memorandum of understanding (MoU) with the National Bank for Financing Infrastructure and Development (NaBFID) for Transaction Advisory Services (TAS). With this, NaBFID will act as a strategic adviser to help APCRDA in designing a high-impact financial blueprint for infrastructure projects in Amaravati, the capital city of Andhra Pradesh. Among others, the banking institution will assist CRDA in formulating financial strategy and evaluating v ...Read More >
ITANAGAR, 12 Jul: The People of Riga village in Siang district have signed a Memorandum of Understanding (MoU) with the state government to support the conduct of pre-feasibility report (PFR) for the proposed Siang Upper Multipurpose Project (SUMP). The memorandum was signed in a meeting held here on Friday afternoon in the presence of Chief Minister Pema Khandu, Minister Ojing Tasing and Chief Secretary Manish Kumar Gupta. Khandu mentioned that more than 80 percent of houses in the village have pledged to support the PFR. The Chief Minister re-committed to holding deliberations with all th ...Read More >
New Delhi: In a major development, Mukesh Ambani's Reliance Industries Limited and Mark Zuckerberg's Meta have received approval from the European Union for their partnership. According to the reports, the new venture will involve an investment of approximately Rs 855 crore, equivalent to 100 million US dollars. As per the agreement, Reliance will hold a 70 percent stake in the new entity, while Meta will hold 30 percent. It is important to note that the Reliance Boss announced this partnership last month at Reliance's Annual General Meeting. The main motive of this new company is to meet the ...Read More >
The announcement comes at a time when US President Donald Trump has been asking American companies to prioritise domestic investment. India has emerged as a key destination for AI data centres. The country's low data costs and rapidly growing internet user base have made it a hub for cloud and AI expansion for tech giants. Alphabet CEO Sundar Pichai said the facility "will bring our industry-leading technology to enterprises and users in India, accelerating AI innovation and driving growth acro ...Read More >
The books for class 9-12 will be available from 2026-27. New Delhi: The National Council of Educational Research and Training (NCERT) has reduced the prices of books for classes 9 to 12 by 20 per cent. The decision was announced by NCERT Director Dinesh Prasad Saklani during an event held in the national capital on Monday. The reduction in the prices of books will be effective from the upcoming academic year. News agency PTI quoted the minister as saying that while the textbooks for classes 9- ...Read More >
Sangareddy (Telangana) [India], June 30 (ANI): At least 8 people were killed and 26 injured following the explosion at a chemical factory in Pasamailaram Phase 1 area of Telangana's Sangareddy district on Monday, as the rescue operation is in progress, a police official said. V Satyanaryana, Inspector General, Multi Zone II, said, "There was a blast at Sigachi Pharma, a chemical production factory in Pasamailaram. The incident occurred around 8:15-9:35 am, and the police were informed within 10 minutes. We reached the spot within 20 minutes. NDRF, SDF, and other rescue teams, along with 10 fi ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
Palanpur (Gujarat) [India], September 26 (ANI): Vibrant Gujarat is organised in Gujarat to attract investment and create strategic partnerships, serving as a model for other states in the country. In addition to this year, the government has organised Vibrant Gujarat Regional Conferences, a release said on Friday. In this context, today, in the presence of the Speaker of the Legislative Assembly, Shankar Chaudhary, and the Minister of Industries, Balvantsinh Rajput, a district-level programme was held in Banaskantha district under the Vibrant Gujarat, Vibrant Banaskantha initiative. Also Rea ...Read More >
The Andhra Pradesh government inked a Memorandum of Understanding (MoU) with Google. The tech giant will launch its operations from Visakhapatnam in the State. Making the announcement at the district collectors' conference on Wednesday, Chief Minister N. Chandrababu Naidu said HRD Minister Nara Lokesh's efforts have paved the way for this. The MoU was a significant development and would be a game changer. Visakhapatnam is poised for transformative growth, Mr. Naidu said. The chief minister, in ...Read More >
Vijayawada: Chief Minister Nara Chandrababu Naidu has announced that with the support from NVIDIA for curriculum and training, 10,000 engineering students will receive skill training in the next two years. Naidu said in a post on 'X' on Saturday, "Andhra Pradesh is welcoming bold initiatives to lead India's AI revolution. Under the leadership of Minister for IT Nara Lokesh, we have entered into an MoU with NVIDIA to build a strong and inclusive AI ecosystem in the state. As many as 500 AI startups from AP will gain access to its Inception Programme for global exposure and key resources." "Fu ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
Vijayawada, July 6 (UNI) The Municipal Administration and Urban Development Department of Andhra Pradesh government is launching a focused 'smart Mosquito control' programme using Deep Technology to check vector- borne diseases. The Artificial Intelligence-powered Smart Mosquito Surveillance System (SMoSS) will be launched on a pilot basis at 66 locations in six major municipal corporations in the state. SMoSS will primarily safeguard public health by curbing the dreaded mosquito menace and, it will also reduce operational burden on civic staff and cut costs of Urban Local Bodies. Th ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
Chennai: Indian Institute of Technology Madras (IIT-M) will collaborate with Caterpillar, a US multinational manufacturing firm, as a global university partner. The institutions signed a memorandum of understanding (MoU) for joint research in advanced manufacturing, AI and data science, gas turbines and engines, energy consortium, batteries, mechanical engineering, and fuel cells. "The collaboration will lead to several exciting products of global standards," IIT-M director V Kamakoti said in a r ...Read More >
New Delhi, July 8 (SocialNews.XYZ) WaveX, the startup accelerator platform under India's Ministry of Information and Broadcasting, on Tuesday launched a nationwide initiative called 'Kalaa Setu - Real-Time Language Tech for Bharat.' The challenge invites India's top AI startups to develop scalable solutions for creating multimedia content from text, aimed at enhancing communication between the government and citizens in multiple Indian languages. As India continues its digital governance journey, communicating effectively with citizens in their native languages has become crucial. Tradition ...Read More >
The Estee Lauder Companies' New Incubation Ventures Launches Fourth Edition of BEAUTY & YOU India BEAUTY & YOU 2025 5 min read Last Updated : Jul 18 2025 | 8:00 PM IST BusinessWire India Mumbai (Maharashtra) [India], July 18: The Estee Lauder Companies Inc. (NYSE: EL) (ELC) today announced the launch of the fourth edition of BEAUTY & YOU India, an initiative designed to discover and propel the next generation of India-focused beauty entrepreneurs. Created by New Incubation Ventures, the compa ...Read More >
I will not react to the statements of Nara Lokesh or someone else. There are 25 lakh IT professionals and 2 lakh foreigners working in Bengaluru. Bengaluru's contribution to the country is immense, says Karnataka Deputy CM. Andhra Pradesh IT Minister Nara Lokesh took a veiled jibe at Karnataka Deputy Chief Minister DK Shivakumar amid their banter over Google's pledge to invest $15 billion over the next five years to establish a one-gigawatt-scale Artificial Intelligence (AI) hub in Visakhapatnam ...Read More >
NEW DELHI: OpenAI, in partnership with IndiaAI Mission under the IT Ministry, on Thursday launched the OpenAI Academy India, marking the first international expansion of the ChatGPT-maker's education platform. The initiative seeks to broaden access to AI education and tools, tapping into India's fast-growing developer community, digital infrastructure, and network of startups and innovators, the company said. OpenAI and IndiaAI also inked a memorandum of understanding (MoU), outlining their partnership goals. OpenAI Academy India will support the IndiaAI Mission's FutureSkills pillar by exp ...Read More >
BENGALURU: BBMP marshals deployed at lake security and supervision wing, ward monitoring and Indira Canteens are working without salaries since March. The situation has arisen after Bangalore Solid Waste Management Limited was carved out of BBMP for garbage management. Their salaries are usually given through the Ex-Servicemen Welfare Society and each marshal is paid Rs 17,500 monthly. "Supervisors say the delay is due to a set of procedures. Earlier, the amount was given to the Ex-Servicemen Welfare Society towards payments from BBMP. Now the files have to be cleared from BWSML to ward mars ...Read More >
BENGALURU, India, June 30, 2025 /PRNewswire/ -- Bengaluru-based SatSure, a full-stack satellite Earth Observation (EO) and Decision Intelligence company, is pleased to announce the signing of a Memorandum of Understanding (MoU) with Hyderabad-based Dhruva Space, a leading full-stack Space solutions provider with proven expertise in satellite platforms, launch services, and ground station infrastructure. This strategic partnership aims to unify the two companies' end-to-end, indigenously-developed capabilities across the upstream and downstream segments of the Space value chain, addressing the ...Read More >