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.
Friday, 27 June 2025 () India has restricted imports of specific jute and woven fabric products from Bangladesh to the Nhava Sheva seaport, escalating trade tensions. This decision, effective immediately, follows concerns over controversial remarks by Bangladesh's interim leader and growing ties with China and Pakistan. The move marks the third trade curtailment in recent months, impacting a bilateral trade relationship valued at $12.
Mumbai: Maharashtra will connect the Nagpur-Mumbai Samruddhi expressway corridor to the upcoming greenfield Vadhvan port, slated to be the country's biggest such facility, via the Nashik highway, the upcoming Delhi-Mumbai greenfield expressway corridor, the Mumbai-Ahmedabad highway, the under-construction bullet train corridor, and the coastal road that is planned to be extended up to the port."The Prosperity corridor will have up to 500 MW to 1,000 MW capacity solar plant along it with 200 MW starting soon, besides a huge gas pipeline that will supply PNG not only to cities but also to power ...Read More >
IMAGE: India are scheduled to tour Bangladesh for a white-ball series in August. Photograph: Screengrab/X The India tour of Bangladesh, which was scheduled to be held in August, is likely to be cancelled because of the situation prevailing in the country over the last few months, sources in the Board of Control for Cricket in India (BCCI) said. India is supposed to play a three-match ODI series from August 17, which will then be followed by a three-match T20I series, which will begin from August 26. Speaking about the India tour of Bangladesh, a BCCI source told ANI, "India tour of Banglade ...Read More >
New Delhi, Apr 2 (PTI) India's manufacturing sector growth eased to a four-year low in March as cost pressures, fierce competition, heightened market uncertainty and the war in the Middle East led to softer increases in new orders and output, a monthly report said on Thursday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 56.9 in February to 53.9 in March, indicating the weakest improvement in overall business conditions in close to four years. In the PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. "In ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advanced Systems Ltd (TASL) for manufacturing key sections of the Rafale fighter jet, including the lateral ...Read More >
New Delhi, June 28: India has imposed restrictions with immediate effect on the import of jute and allied fibre products from Bangladesh - a move that came amid increasing strain in the overall relations between the two neighbours. The new restrictions will apply to imports into India of Bangladesh's jute and allied fibre products across all land and seaports, with the exception of the Nhava Sheva seaport in Maharashtra, people familiar with the matter said on Saturday. The Directorate General of Foreign Trade that operates under Commerce Ministry issued a notification on Friday imposing the ...Read More >
NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >
New Delhi [India], July 4 (ANI): The India tour of Bangladesh, which was scheduled to take place in August, is likely to be cancelled because of the situation prevailing in the country over the last few months, as per sources in the Board of Control for Cricket in India (BCCI). Also Read | Who Is The Current WWE Universal Champion? Does The Title Still Exist?. India is supposed to play a three-match ODI series from August 17, which will then be followed by a three-match T20I series, which will begin from August 26. Speaking about the India tour of Bangladesh, a BCCI source told ANI, "India ...Read More >
New Delhi [India], April 5 (ANI): In a significant achievement for India's maritime sector, the Major Ports under the Ministry of Ports, Shipping and Waterways have collectively handled 915.17 million tonnes (MT) of cargo during FY 2025-26, surpassing the annual target of 904 MT. This marks a year-on-year growth of 7.06 per cent, reaffirming the sector's strong recovery, enhanced efficiency, and sustained growth trajectory, the Ministry of Ports, Shipping and Waterways reported. This milestone underscores the impact of transformative reforms and strategic investments undertaken by the Govern ...Read More >
Mumbai: The ministry of petroleum and natural gas on Wednesday identified 18 vessels trapped in war-torn Persian Gulf for speedy evacuation. According to the report submitted by directorate of shipping in Mumbai, five of these 18 vessels are Indian-flagged. These 18 vessels include four LPG carriers, three LNG carriers and 11 crude oil tankers. As per the report the ministry of ports, shipping & waterways (MoPSW), directorate of naval operations (DNO), the ministry of petroleum and natural gas (MoPNG), Information Fusion Centre - Indian Ocean Region (IFC-IOR) are working in tandem to evacuate ...Read More >
Pune (Maharashtra) [India], June 8 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Sunday inaugurated the new administrative office of Maharashtra Energy Development Agency (MEDA) in Pune. After inaugurating the newly constructed office, CM Fadnavis said, "The Maha Urja building is a prime example of a green architecture. It focuses on energy conservation, and is designed to generate as much energy as it consumes, essentially making it a net-zero energy building." Also Read | Modi Government Celebrates 11 Years of 'Shashkt Nari', Says 'Women Central to India's Growth Story'. He highl ...Read More >
New Delhi [India], June 26 (ANI): The Directorate of Revenue Intelligence (DRI) seized 39 containers carrying 1,115 metric tonnes of Pakistani goods valued at approximately Rs 9 crore at the Nhava Sheva Port in Navi Mumbai, officials said. In an operation codenamed "Operation Deep Manifest", the illegal import of Pakistani-origin goods routed through third countries, primarily via Dubai, UAE, has been busted, the Ministry of Finance said in a statement Thursday. Also Read | 'Dreamer and Disciplined': School Teachers Recall Fond Memories of Shubhanshu Shukla As Astronaut Becomes First Indian ...Read More >
New Delhi, Jun 26 (PTI) In a significant enforcement action, the Directorate of Revenue Intelligence (DRI) has seized goods worth Rs 9 crore under 'Operation Deep Manifest', targeting illegal imports of Pakistani-origin goods routed through Dubai. The operation has thus far led to the seizure of 39 containers carrying 1,115 metric tonnes of goods in blatant violation of import policy conditions and prohibitions imposed by the government on direct or indirect import or transit of Pakistani-origin goods, the finance ministry said in a statement on Thursday. One of the partners of an importing ...Read More >
New Delhi: India on Friday restricted the imports of jute, woven fabrics and yarns from Bangladesh from any land port on the border. "Import from Bangladesh shall not be allowed from any land port on India-Bangladesh border. However, it is allowed only through Nhava Sheva seaport...Import of certain goods from Bangladesh to India are regulated with immediate effect," the Directorate General of Foreign Trade said in a notification. In May, India had imposed port restrictions on import of certain products such as readymade garments and processed food from Bangladesh. Friday's regulation is on ...Read More >
Telangana Chief Minister A. Revanth Reddy on Friday (April 3, 2026) wooed textile industry to invest in the State by assuring best infrastructure, land, power, water, incentives and government support aimed at fastest execution of the projects. "I have policies that can match the best globally. Most importantly, we have the best human resources. If you have a vision, we are your perfect partner for global success," he said at the 13th Asian Textile Conference (ATEXCON 2026) in Hyderabad. Assert ...Read More >
India shifts stranded LPG cargoes amid West Asia disruptions Green Asha, an India-flagged vessel carrying 15,400 tonnes of liquefied petroleum gas (LPG) that had successfully crossed the Strait of Hormuz earlier this week, arrived at Mumbai's Jawaharlal Nehru Port Authority (JNPA) on April 9, the port said in a statement. The arrival of the tanker is expected to boost India's efforts to secure adequate energy supplies. The port described the development as significant, coming amid the ongoing c ...Read More >
New Delhi, Jun 26: In a significant enforcement action, the Directorate of Revenue Intelligence (DRI) has seized goods worth Rs 9 crore under 'Operation Deep Manifest', targeting illegal imports of Pakistani-origin goods routed through Dubai. The operation has thus far led to the seizure of 39 containers carrying 1,115 metric tonnes of goods in blatant violation of import policy conditions and prohibitions imposed by the government on direct or indirect import or transit of Pakistani-origin goods, the finance ministry said in a statement on Thursday. One of the partners of an importing firm ...Read More >
New Delhi [India], June 26 (ANI): The Ministry of External Affairs (MEA) on Thursday said that it is keeping a constant watch on developments in India's neighbourhood, especially in light of the recent trilateral meeting involving China, Pakistan, and Bangladesh. Speaking at a press briefing, MEA Spokesperson Randhir Jaiswal said, 'We maintain a constant watch on the developments in our neighbourhood that have a bearing on our interests and our security, our relations with individual countries, while they stand on their own footing, take into account the evolving context as well.' The meetin ...Read More >
New Delhi [India], June 27 (ANI): The Parliamentary Standing Committee on External Affairs will hold a meeting on Friday. During the meeting, the committee will record evidence of experts/non-official witnesses in connection with the examination of the subject 'Future of India-Bangladesh Relationship'. Congress MP Shashi Tharoor has been the chairperson of the Committee of the External Affairs since September 2024. India has strongly condemned the demolition of a Durga temple in Dhaka, criticising the role of the Muhammad Yunus-led interim government in allowing the destruction and projectin ...Read More >
New Delhi, April 2 (SocialNews.XYZ) India's manufacturing PMI eased to 53.9 in March as disruptions linked to the conflict in the Middle East are reverberating through the global economy and weighing on Indian manufacturers, the HSBC Flash India PMI data showed on Thursday. Firms also faced an intensification of cost pressures, the steepest since August 2022. That said, companies mostly absorbed added expenses, as indicated by a modest uptick in selling charges that was the least pronounced in two years, according to the PMI data compiled by S&P Global. Elsewhere, the latest results also sho ...Read More >
MUMBAI: The Directorate of Revenue Intelligence (DRI) has seized 39 cargo containers with 1,115 metric tonnes of dry dates of Pakistani origin, estimated to be worth ₹9 crore. The containers, seized at the Nhava Sheva port, were imported via Dubai to circumvent the ban on the import of Pakistani goods, imposed after the April 22 attack in Pahalgam, said DRI officials. The Mumbai-based partner of the firm which imported the dates was arrested on Thursday, the officials added. On May 2, the Directorate General of Foreign Trade (DGFT) said in a notification that a provision was added in the Fore ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
Chandigarh: To bring in a new industrial policy, Punjab govt has constituted 22 sector-specific committees, which will cover key areas like electric vehicles, renewable energy, food processing, start-ups, and film media.Punjab industries minister Sanjeev Arora said these committees will ensure a structured and collaborative engagement between industry and state govt. Each committee will operate for two years from the date of notification, with the possibility of extension at the govt's discretion. Arora said each committee will comprise 8-10 members. "These committees will advise state govt on ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in Srinagar, and two in Budgam district -- (KNO) ...Read More >
Kerala voters' mood: While the ruling LDF seeks a historic third term, UDF aims for a comeback, and NDA attempts to break the bipolar trend The political mood in Kerala ahead of the April 9, 2026 Assembly elections is a high-stakes standoff between a quest for a historic "triple" by the Left and a strong "pendulum" push for change by the opposition. While the ruling Left Democratic Front (LDF) seeks a historic third term, the United Democratic Front (UDF) aims for a comeback, and the National Democratic Alliance (NDA) attempts to break the bipolar trend. What are the core narratives? LDF: ...Read More >
Nashik (Maharashtra) [India], June 5 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Thursday said that the Hindu Hridaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg will play an essential role in the development of the state. This highway will be a corridor of prosperity for the state. This highway will be connected to Vadhan Port shortly, and CM Fadnavis added it. Chief Minister Fadnavis said that land has been acquired for the Samruddhi Highway in record time. Due to this route, 24 districts of the state, including Vidarbha, Marathwada, and North Maharashtra, have been ...Read More >
Mumbai, Jun 8 (PTI) Shiv Sena (UBT) leader Aaditya Thackeray on Sunday said his party is ready to come together with anyone who will work to protect the interests of Maharashtra and Marathi manoos, his statement coming amid the rapprochement buzz between the Uddhav Thackeray-led party and Raj Thackeray's Maharashtra Navnirman Sena (MNS). Talking to reporters here, Thackeray accused the BJP of "swallowing" Mumbai and Maharashtra. He said injustice is being meted out to Maharashtra by the BJP. "We have been saying this consistently. We are ready to work with anyone, any party that is ready to ...Read More >
NEW DELHI: India has imposed immediate restrictions on the import of jute and allied fibre products from Bangladesh, in a move reflecting growing tensions in bilateral trade relations. The new measures apply to all land and seaports across the country, with the sole exception of the Nhava Sheva seaport in Maharashtra, according to a notification from the Directorate General of Foreign Trade (DGFT). The restrictions, however, will not apply to goods exported by Bangladesh to Nepal and Bhutan. At the same time, the re-export of such Bangladeshi goods from Nepal or Bhutan into India "will not be ...Read More >
Madurai: Union Home Minister Amit Shah on Sunday chaired the core committee meeting of Tamil Nadu BJP unit here and said that the people of the state are fed up with the "massive corruption" of the DMK government. The BJP top leader was in the temple city to review the preparedness of the party to face the Tamil Nadu Assembly election next year and devise a strategy to fight polls. "The people of Tamil Nadu are fed up with the massive corruption of the DMK govt. The BJP Karyakartas will reach out to every locality, neighborhood, and home with Modi Ji-led NDA's vision for a prosperous and deve ...Read More >
New Delhi: India has imposed restrictions with immediate effect on the import of jute and allied fibre products from Bangladesh -- a move that came amid increasing strain in the overall relations between the two neighbours. The new restrictions will apply to imports into India of Bangladesh's jute and allied fibre products across all land and seaports, with the exception of the Nhava Sheva seaport in Maharashtra, people familiar with the matter said on Saturday. The Directorate General of Foreign Trade that operates under commerce ministry issued a notification on Friday imposing the restric ...Read More >
Patna: Non-vegetarian dishes have made Bihar's politics spicier on several occasions, and so union minister and senior JD (U) leader Rajiv Ranjan Singh aka Lalan Singh' recent mutton party for party workers and supporters under his Munger constituency was no exception. Lalan Singh listened to problems of common people at Suryagarha in Lakhisarai district of Bihar (part of Munger constituency) to sort them out with local authorities and also threw a mutton party for them, creating a controversy as the feast was organised in the month of saawan. Although Lalan Singh made separate arrangements ...Read More >