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.
Chandigarh: Union minister Bandi Sanjay Kumar inaugurated several development projects for the UT from the Govt College of Commerce & Business Administration in Sector 50 here Friday. Among them were a hostel block for boys and girls at the Commerce College in the same sector, a 2,500 KW floating solar power plant at Water Works in Sector 39, the extension block of Govt Senior Secondary School in Kajheri, and the IT block at the Post Graduate Govt College in Sector 46. In addition, the MoS (home affairs) virtually laid the foundation for the construction of 144 residential units in the Chandigarh Armed Police Complex at Dhanas.Kumar described Chandigarh as a true embodiment of the spirit of "Ek Bharat, Shreshtha Bharat." He commended the city's progress in development, transparency, and security, noting that the implementation of Smart City projects, road and public transport modernisation, digital governance, ease-of-living initiatives, and Green India and Swachh Bharat missions brought tangible improvements to citizens' lives.He underscored that Chandigarh holds the distinction of being the first in the country to fully implement the three new legal frameworks -- the Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita, and Bharatiya Sakshya Adhiniyam. The city's pioneering adoption of these new criminal, civil, and evidence laws marks a historic step toward strengthening citizen protection and justice delivery.He said, "The projects inaugurated and foundation stones laid today reflect not only Chandigarh's development but also the broader national vision and commitment under the principle of 'Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas'".He emphasised that these initiatives will enhance educational quality, safety, and infrastructure, empower youth with technology skills through the new IT block, and provide better living conditions for police personnel through the housing project in Dhanas.Looking ahead to the vision of Viksit Bharat 2047, Bandi Sanjay Kumar expressed confidence that India will emerge as the world's leading economic power. As part of this mission, Chandigarh will be developed as a knowledge hub, wellness city, and a model of smart governance. He congratulated all officials, planners, engineers, workers, and citizens of UT Chandigarh for their dedication and initiative toward this transformation.
NEW DELHI: Centre is likely to build a new 6-7 km Metro line from Indraprastha station to North Block, connecting Bharat Mandapam, C Hexagon at India Gate, Kartavya Path, Central Secretariat, and the proposed Yuge Yugeen Bharat Museum at the North and South Blocks. The underground corridor will provide connectivity to all the 10 proposed govt buildings along the Kartavya Path and India Gate, Delhi's most popular tourist spots. Sources said the proposed stretch will be an extension of the 12.3 km Inderlok-Indraprastha Metro corridor (Green Line), which was approved by the Union cabinet in Mar ...Read More >
ADILABAD: A 21-year-old third-year MBBS student from Kumurambheem Asifabad, who was pursuing MBBS in Vietnam, died in a road accident in Can Tho City, his father said on Thursday. A purported video of the accident has gone viral. Arshid Ashrit, who was riding a bike, was killed in the accident on Wednesday, his father Arjun said. According to reports, Ashrith, son of cloth merchants Arshid Arjun and Pratimah from Kagaznagar, was riding a motorcycle in a rash manner with a friend when he lost control and crashed into a house wall. He died on the spot, while his friend sustained injuries and i ...Read More >
New Delhi, June 8 (SocialNews.XYZ) Union Minister of Health and Family Welfare, J.P. Nadda, on Sunday emphasised the role of key government initiatives in transforming the lives of women across India, marking "11 years of Sashakt Nari" -- a sustained efforts toward women's empowerment under the leadership of Prime Minister Narendra Modi. "Initiatives such as the Nari Shakti Vandan Adhiniyam, PM Ujjwala Yojana, Drone Didi, the Swachh Bharat Abhiyan with its focus on toilet construction, Mahila Shakti Kendras, and Beti Bachao Beti Padhao have empowered our sisters and opened countless new oppor ...Read More >
In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...Read More >
New Delhi: On World Environment Day, an emotional moment unfolded during commencement of a national green project, when Prime Minister Narendra Modi planted a sapling of Sindoor at his official residence in New Delhi, which was gifted to him by the valiant women of Kutch, Gujarat, who exemplified courage and sacrifice during the 1971 war with Pakistan. The role played by Indian women during the 1971 Indo-Pakistan war is now being used as a symbol to promote the 'Ek Ped Maa Ke Naam 2.0' campaign, under which the government aims to plant 10 crore trees across India between June and September 202 ...Read More >
Hyderabad, Jun 5 (PTI) A 21-year-old student from Telangana, who was pursuing MBBS in Vietnam, died in a road accident in Can Tho City, his father said on Thursday. Arshid Ashrit, who was riding a bike, was killed in the accident on Wednesday morning, his father Arjun said, citing information received by him. A pillion rider reportedly escaped with minor injuries. Also Read | Gautam Gambhir Reacts On Bengaluru Stampede During RCB's IPL 2025 Victory Celebrations During IND vs ENG Pre-Departure Press Conference, Says 'Was Never a Believer in Road Shows'. Ashrit joined the course two years ago ...Read More >
New Delhi [India], June 7 (ANI): The Central government has raised financial limits under the General Financial Rules (GFRs) for procurement of scientific equipment and consumables. The simplification of GFRs will reduce delays and enhance autonomy and flexibility for the research organisations. Also Read | PM Narendra Modi To Visit Odisha on June 20 To Attend BJP Govt's First Anniversary Function, Says State Minister Suresh Pujari. Under the new rules, the Finance Ministry said that Vice Chancelors, Dierectors and academic institutions under specified departments and ministries will be abl ...Read More >
Ludhiana, Jun 8 (PTI) Punjab Congress president Amrinder Singh Raja Warring on Sunday asserted that his party will win the Ludhiana West assembly bypoll, scheduled to be held on june 19, with a "record margin". "Congress practically has no competition here", he claimed. Warring, who is also the Ludhiana MP, said that the ruling Aam Aadmi Party (AAP) was badly mistaken that the Congress would allow it to abuse power and misuse the official machinery for the elections. "First of all, we will not let any misuse of the official machinery and second, in case any official is found to be misusing ...Read More >
Hyderabad: Chief minister A Revanth Reddy on Sunday offered a candid reflection on his political evolution, claiming that he studied at "Modi's school," graduated under Chandrababu Naidu in the TDP, and is now working with Rahul Gandhi in the Congress. His remarks, made at the launch of Bandaru Dattatreya's autobiography 'The Story of the People is My Autobiography' at Shilpakala Vedika, drew attention for both their political significance and personal candor.Praising the veteran BJP leader, Revanth described Dattatreya as a rare politician who has "no enemies, only friends," and highlighted h ...Read More >
New Delhi: Trinamool Congress (TMC) MP Kalyan Banerjee submitted a written apology and issued a verbal apology in the Lok Sabha on Thursday following his controversial remarks about Union Minister Jyotiraditya Scindia. Lok Sabha Speaker Om Birla described the incident as unfortunate, emphasizing that no personal remarks should be made against fellow members. Speaker's Intervention As proceedings began, ruling alliance members raised concerns about Banerjee's remarks. Speaker Birla intervened, stating, "Whatever happened yesterday was unfortunate. No member should make personal remarks, parti ...Read More >
Katra, June 06: Chief Minister Omar Abdullah on Friday described the launch of the Vande Bha-rat Express to Kashmir as a "historic accomplishment," saying the new railway link connecting the Valley with the rest of India will transform tourism, boost trade, and improve the daily lives of people across the region. Speaking at a large gathering in Katra after Prime Minister Narendra Modi inaugurated the Che-nab and Anji bridges and flagged off the first Vande Bharat Express between Katra and Srina-gar, Abdullah said, "The benefits to Jammu and Kashmir will be substantial. Tourism will receive a ...Read More >
Srinagar, Jun 06: Political leaders in Jammu and Kashmir have extended greetings to the people on the auspicious occasion of Eid-ul-Adha. They expressed hope that the revered occasion brings peace and prosperity to the region. Dr Farooq Abdullah National Conference (NC) president, Dr Farooq Abdullah conveyed his heartfelt greetings to the people on Eid-ul-Adha, wishing them peace, prosperity and unity. In his message, Dr Abdullah reflected on the profound significance of the day, saying, "As the Muslim Ummah comes together in celebration of Eid-ul-Azha, I extend my warmest greetings to ever ...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 >
As part of the World Economic Forum (WEF) summit in Davos, Telangana Chief Minister A. Revanth Reddy inaugurated the 'Grand Indian Pavilion' alongside Union Ministers Chirag Paswan and Jayant Sinha, as well as Kerala Minister P. Rajeev. Several senior officials and prominent figures from various states were also present at the event. During the inauguration, Telangana IT Minister Duddilla Sridhar Babu extended an invitation to global investors, encouraging them to invest in Telangana. He highlighted the state's focus on key sectors such as Information Technology, Biotechnology, Agro-Processin ...Read More >
Kochi, Feb 3 (PTI) The opposition Congress-led UDF on Monday intensified its criticism of Union Ministers George Kurian and Suresh Gopi over their recent controversial statements, calling their remarks "immature" and accusing BJP leaders like them of having contempt for Kerala. Addressing reporters here, the Leader of Opposition in the state Assembly, V D Satheesan, strongly criticised the "backward" remark made by Kurian, the Minister of State for Minorities and Fisheries, on Union Budget day, and stated that Kerala has only sought the funds it rightfully deserves from the centre. Taking a ...Read More >
Karimnagar: The state government is making significant progress in tackling the unemployment problem, while simultaneously fostering regional development, said irrigation minister N. Uttam Kumar Reddy, Karimnagar district in-charge, here on Monday. He was addressing a rally that was taken out by the Congress for the Graduate MLC seat candidate V. Narendar Reddy from SRR College grounds to the collectorate, where he filed his nomination papers. Present on the occasion were TPCC chief B. Mahesh Kumar, ministers Duddilla Sridhar Babu, Ponnam Prabhakar, Konda Surekha, Seethakka and Jupally Krish ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >
New Delhi, Jun 8 (PTI) Aam Aadmi Party's Rajya Sabha MP Sanjay Singh and Delhi unit chief Saurabh Bharadwaj on Sunday visited the demolition site of the Madrasi Camp slum cluster, where they met with displaced residents, and intensified their attack on the BJP over the recent eviction drive. They alleged that Prime Minister Modi's promise to slum dwellers of 'jahan jhuggi wahan makan' - house at the site of their hutment - has "proved to be hollow like many others". There was no immediate response available from the BJP or the Delhi government over the accusations. The Madrasi Camp -- a jhu ...Read More >
Thrissur (Kerala) [India], June 7 (ANI): Union Minister of State for Tourism & Petroleum and Natural Gas, Suresh Gopi, met actor Shine Tom Chacko at a private hospital in Thrissur. Malayalam actor Chacko was admitted to the hospital after he met with a road accident in Madurai, Tamil Nadu. Chacko and his family were in a car accident, in which the actor lost his father. South India International Movies Awards (SIIMA) took to X and extended condolences to Chacko and his family. SIIMA wrote, 'Malayalam actor Shine Tom Chacko was injured in a tragic car accident near Dharmapuri, Tamil Nadu. T ...Read More >
New Delhi, June 8: Prime Minister Narendra Modi has said that over the last 11 years, the NDA government has redefined women-led development who are excelling and inspiring several people. Marking the 11 years of the NDA government at the Centre, the Prime Minister said the efforts have helped women pursue their dreams on their terms. He wrote on social media X, "Over the last 11 years, the NDA Government has redefined women-led development. Various initiatives, from ensuring dignity through Swachh Bharat to financial inclusion via Jan Dhan accounts, the focus has been on empowering our Nari ...Read More >
New Delhi, Feb 7 (VOICE) In a testament to the nation's commitment to a cleaner, greener future, India has achieved a historic milestone by surpassing 100 GW of installed solar power capacity, reinforcing its position as a global leader in renewable energy, the government said on Friday.As of January 31, India's total solar capacity installed stands at 100.33 GW, with 84.10 GW under implementation and an additional 47.49 GW under tendering. This remarkable achievement marks a significant step toward realising the ambitious target of 500 GW of non-fossil fuel-based energy capacity by 2030 set ...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 >
New Delhi [India], December 15 (ANI): Ministry of Development of North Eastern Region is set to host the Northeast Trade and Investment Roadshow in Mumbai on Monday. The event will be addressed by Jyotiraditya M. Scindia, Union Minister for MDoNER, along with Tripura Chief Minister Manik Saha, Maeghalya Chief Minister Conrad Sangma. Chanchal Kumar, Secretary, MDoNER, and Monalisa Dash, Joint Secretary, MDoNER, will also attend, alongwith senior representatives from various northeast states. The Roadshow will feature B2G meetings, offering a unique opportunity for potential investors to inte ...Read More >
Chennai, June 2 (SocialNews.XYZ) Union Minister of State for Information & Broadcasting and Parliamentary Affairs L. Murugan launched a scathing attack on the DMK following its general council meeting in Madurai, accusing the party of engaging in dynastic theatrics and diversionary tactics to mask its failures. Calling the meeting a "coronation event", Murugan alleged that the DMK had convened it primarily to reaffirm that Chief Minister M.K. Stalin's son would inherit party leadership. The DMK held its general council meeting on Sunday, where it adopted 27 resolutions. "It was a political ...Read More >
New Delhi, June 7 (SocialNews.XYZ) In a major step towards the ease of doing research, the General Finance Rules (GFR) have been simplified for procurement of scientific equipment and consumables, said Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology on Saturday. GFRs are the governing financial regulations for the government, outlining procedures for managing public finances. Applicable to Central government ministries, departments, for autonomous bodies with their own approved financial regulations, the GFRs cover aspects like budgeting, procurement, e ...Read More >
Hyderabad: Undeterred by the backlash over land acquisition for his Pharma Village project in Lagacherla, Telangana Chief Minister A Revanth Reddy has unveiled plans for another ambitious project -- the "Future City." He aims to acquire 30,000 acres of land to establish a world-class urban development that he claims will rival global cities like New York, Tokyo, and Singapore. Speaking at the MAUD Vijayotsavalu on Monday, Reddy revealed that 15,000 acres of land had already been identified in Mucherla, Begarikancha, and neighboring areas. He proposed using an additional 15,000 acres of forest ...Read More >
Patiala, Dec 4 (SocialNews.XYZ) Senior Bharatiya Janata Party (BJP) leader and former Union Minister of State for External Affairs Preneet Kaur on Wednesday welcomed the statement of Vice President Jagdeep Dhankhar on farmers suggesting that the government should hold dialogue with them. In a statement, Kaur maintained that it was important to hold discussions with the farmers to reach a solution to their problems. She reiterated her party's commitment towards the welfare of farmers, pointing out that the statement came from no less a person than the Vice President of the country. The forme ...Read More >
Union Secretary for Electronics and Information Technology (IT) S. Krishnan said on Monday (December 9, 2024) that as India's Internet grows further, investments in reliability would be required. "Yesterday, I was walking through Old Delhi, and if you look up and see the kind of cables carried along the sides of the roads, along the streetlights and lampposts, you wonder, is this what we are relying on?" he said, adding, "It's worse than a spaghetti bowl of cables." Mr. Krishnan said the Interne ...Read More >
New Delhi: Union Home Minister Amit Shah on Tuesday said that when the 'One Nation, One Election' Bill was taken up in the cabinet for approval, Prime Minister Narendra Modi suggested that the bill be sent to a Joint Parliamentary Committee (JPC) for detailed discussions. Shah said, "When the One Nation, One Election Bill was taken up in the cabinet for approval, PM Modi had said that it should be sent to the JPC for detailed discussion. If the Law Minister is willing to send the bill to JPC, the discussion on its introduction can end." Proposal Made By Union Minister Arjun Ram Meghwal Supp ...Read More >
New Delhi, Jun 6 (PTI) The government on Friday launched the UMEED portal that would create a digital inventory after geo-tagging of all Waqf properties with Minority Affairs Minister Kiren Rijiju calling it a historic step that would ensure that community-owned Waqf assets are utilised effectively and fairly for poor Muslims. The UMEED central portal, short for Unified Waqf Management, Empowerment, Efficiency and Development Act, 1995 will serve as a centralised digital platform for real-time uploading, verification, and monitoring of Waqf properties. Also Read | How To Activate Your UAN On ...Read More >