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.
Saturday, 28 June 2025 () The 'AI for India' summit in Bengaluru highlighted the urgent need to scale up AI research and development across Indian academia and industry. Experts emphasized cross-sectoral collaboration for effective AI implementation. IIM Bangalore noted a shift in placement processes, focusing on human-AI co-creation. TVS Motors is deploying AI across manufacturing, customer service, and employee engagement, witnessing significant productivity improvements.
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
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 >
Mumbai, July 11 (SocialNews.XYZ) Lower back pain is a national crisis that can affect the country's productivity, said Adani Group Chairman Gautam Adani on Friday, urging entrepreneurs to build India's first AI-powered spinal diagnostic platform. He was addressing the 5th Annual Conference of the Society for Minimally Invasive Spine Surgery-Asia Pacific (SMISS-AP), in Mumbai. The Adani Group Chairman expressed shock over lower back pain becoming a leading cause of disability in the country and noted how it can destroy the dreams of the nation. "I was shocked to learn that low back pain is n ...Read More >
During a flight, Tejasvi Surya engaged in a stimulating conversation with N.R. Narayana Murthy, covering topics from AI to urban planning. Murthy emphasized India's potential and addressed his controversial 70-hour workweek proposal. He humorously revealed that Prime Minister Modi likely works even longer hours, sparking further discussion on work ethic and national development. What started as a routine flight from Mumbai to Bengaluru turned into a whirlwind of ideas, philosophies, and a dash o ...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 >
New Delhi: India is set to overtake Japan to become the world's fourth-largest economy, but must not become complacent, as the country remains far behind Japan in GDP per capita terms, WEF's former MD Claude Smadja said. According to IMF data dated April 2025, India's GDP per capita of USD 2,878.4 is approximately 8.5 per cent of Japan's GDP per capita of USD 33,955.7, meaning Japan's per capita income is about 11.8 times higher than India's. "Yes, it (economy size) is a good indicator because it gives a notion of the economic weight of the country on the global balance. "No, it is not a go ...Read More >
AMD sees India as a key market. Reliance Jio is using AMD's GPUs in its data centers. Both companies are working on future plans. AMD aims to support India's sovereign AI capabilities. The company is collaborating with various large players in India. AMD also emphasizes its open ecosystem and collaborative approach.India is a "super important" market for AMD and the largest telco Reliance Jio is among the customers using the graphic processing units (GPUs) in its data centres, a senior official has said. The company, which has around 8,000 employees here, considers India as a key hub from an ...Read More >
Bengaluru (Karnataka) [India], July 10 (ANI): In a strong message to private nursing colleges, the Karnataka government has announced that there will be no fee hike for nursing courses this academic year, reiterating its commitment to protecting students from economically weaker sections. Karnataka Medical Education and Skill Development Minister Sharanaprakash Patil made this clear during a meeting with the Association of Nursing Colleges held at Vikasa Soudha on Thursday. Also Read | Patna Murder Case: Days After Industrialist Gopal Khemka's Killing, Sand Trader Shot Dead by Unidentified A ...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 >
New Delhi [India], June 29 (ANI): As high as 82 per cent of micro and medium retailers want to adopt digital streams to boost their sales, but offline marketplaces remain their preferred channel, showing their strength. According to a survey report by the global technology firm Zoho Corporation, six out of ten Micro, Small and Medium Enterprises (MSMEs) stated that they have adopted an omnichannel selling strategy, operating in both online and offline channels, with the majority (75 per cent) of them claiming this expands their reach and customer accessibility; 68 per cent of retailers report ...Read More >
Policy 3 min read Need to streamline policies to make India GCC hub: Official India aims to become a global hub for Global Capability Centres. Senior officials suggest streamlining national policies to emulate successful state models. Focus is on talent, infrastructure, and regulatory initiatives. The government plans a national framework to guide states in promoting GCCs in Tier II cities. Efforts are underway to boost employment and collaborate with global partners for workforce mobility. New ...Read More >
Hyderabad, Jun 27 (PTI) Brihaspathi Technologies Limited a city-based AI surveillance and security solutions provider on Thursday said it gearing up for an Initial Public Offering (IPO) in the next financial year and the proceeds from it will be utilised to strengthen its research and development (R&D) capabilities, and expand manufacturing capacity. The firm has successfully raised USD 10 million in funding from foreign institutional investors and others and the capital infusion will fuel the company's expansion efforts, including the establishment of a new 72,000 sq ft CCTV manufacturing fa ...Read More >
The data compiled by Boston Consulting Group (BCG) highlights that while AI adoption has become mainstream globally, real business impact is being seen only in those companies that are redesigning workflows and investing in training and leadership. In India, although usage is widespread, there is growing anxiety over the future. Nearly half (48 per cent) of Indian employees fear that their jobs could disappear within the next decade due to AI and automation. Nipun Kalra, Managing Director & Senior Partner at BCG India, noted that while Indian employees are among the most enthusiastic users o ...Read More >
Bengaluru, Jul 5 (PTI) Union Minister Piyush Goyal on Saturday said new technologies will define India's growth story in the coming years. Addressing the IIT Madras Alumni Association's Sangam 2025 event here, he said, "Your science, your technology, combined with this vibrant startup ecosystem, R&D, and innovation, will shape the India growth story of the future." Goyal said India is transforming from a country known for seeking jobs to becoming a nation of job creators. "Of course, in some small measures, we have tried to be part of the startup ecosystem, the startup fund of funds, and var ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent muted demand scenario. Select companies from metals, pharmaceuticals, cement, banking and finance and ...Read More >
New Delhi: The Trump administration's tariff policies have opened up opportunities for India to gain market share in several product categories, but the Asian nation must act swiftly to capitalize on this advantage, NITI Aayog said in a quarterly assessment released Monday. In its Trade Watch report, the government's policy think tank said India should implement targeted export promotion measures, deepen its integration into global value chains, and pursue a services-focused trade deal with the US to fully leverage these shifting trade dynamics "These developments highlight the strategic imp ...Read More >
As businesses increasingly adopt AI, customizing large language models (LLMs) like GPT and Claude is key to meeting industry-specific needs. Techniques like Retrieval-Augmented Generation (RAG) and in-context learning are gaining popularity. RAG enables real-time data retrieval, ideal for tasks requiring up-to-date information, while in-context learning provides guidance within the task prompt. Recent advancements in LLMs, such as larger context windows, offer new possibilities but also present challenges, including cost and efficiency. A hybrid approach combining RAG and long-context models m ...Read More >
New Delhi: India is leading the global charge in the adoption of generative AI tools at the workplace, with 92 per cent of employees regularly using such technology -- far ahead of the global average of 72 per cent, a new report said on Thursday. The data compiled by Boston Consulting Group (BCG) highlights that while AI adoption has become mainstream globally, real business impact is being seen only in those companies that are redesigning workflows and investing in training and leadership. In India, although usage is widespread, there is growing anxiety over the future. Nearly half (48 per ...Read More >
New Delhi, Jun 30 (PTI) HCLTech on Monday announced a multi-year deal with OpenAI to enable its customers to leverage the tech giant's AI offerings and drive enterprise-scale AI adoption. HCLTech, becoming one of the first strategic services partners to OpenAI, will roll out ChatGPT Enterprise and OpenAI APIs internally to provide its employees with secure, enterprise-grade generative AI tools, according to a company statement. Also Read | Gold Rate Today, June 30, 2025: As Gold Price Continues To Decline, Check Prices of Yellow Metal in Mumbai, Delhi, Bengaluru, Chennai and Other Metro Citi ...Read More >
New Delhi, Jul 5 (PTI) The new Research Development and Innovation (RDI) scheme with a corpus of Rs 1 lakh crore will help the industry and startups access funds to undertake research in key technology sectors, such as quantum computing, robotics, and artificial intelligence, a government official said. The scheme, approved by the Union Cabinet on July 1, will help boost domestic manufacturing of high-end goods and services and create jobs in the country. It will also support the acquisition of critical technologies and facilitate the establishment of a deep-tech fund of funds. The announcem ...Read More >
Bengaluru (Karnataka) [India], July 10 (ANI): In a strong message to private nursing colleges, the Karnataka government has announced that there will be no fee hike for nursing courses this academic year, reiterating its commitment to protecting students from economically weaker sections. Karnataka Medical Education and Skill Development Minister Sharanaprakash Patil made this clear during a meeting with the Association of Nursing Colleges held at Vikasa Soudha on Thursday. The government will not allow any fee increase. Most nursing students come from rural and economically disadvantaged ba ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >
Ashok Leyland will follow a proactive approach to navigate emerging global and industry trends including electrification and supply chain challenges as it remains in hunt to be among the world's leading commercial vehicle manufacturers, according to Chairman Dheeraj G Hinduja. In his address to shareholders in the company's Annual Report for 2024-25, he noted that the commercial vehicle and mobility sectors are undergoing profound transformation. Electrification is accelerating, even as alterna ...Read More >
Chennai: Despite the buzz around the enterprise adoption of generative artificial intelligence (Gen AI), only a small proportion of Indian companies provide AI tools and applications to a significant number of their employees, according to a report. Only 5% of the organisations offer gen AI tools for more than 80% of their workforce, according to Deloitte's 'State of AI' report shared with TOI. The report underscores a critical gap that while many companies are experimenting with AI, few are scaling its use across their workforce. 29% of organisations provide access to less than 40% of their w ...Read More >
Ujjain (Madhya Pradesh): Marking the Cooperatives Year, a two-day national seminar will be inaugurated on Friday at the Swarn Jayanti Auditorium of Vikram University. Farmers from five major states: Gujarat, Maharashtra, Madhya Pradesh, Chhattisgarh, and Goa are set to participate in the seminar, 'Dairy Development in Madhya Pradesh: Possibilities and Challenges', under the joint aegis of the Indian Dairy Association (DA) West Zone, and Vikram University (VU). Researchers, students, milk producers from across the country, where over two lakh cooperative societies function, along with experts ...Read More >
New Delhi, Jul 5 (PTI) The new Research Development and Innovation (RDI) scheme with a corpus of Rs 1 lakh crore will help the industry and startups access funds to undertake research in key technology sectors, such as quantum computing, robotics, and artificial intelligence, a government official said. The scheme, approved by the Union Cabinet on July 1, will help boost domestic manufacturing of high-end goods and services and create jobs in the country. It will also support the acquisition of critical technologies and facilitate the establishment of a deep-tech fund of funds. Also Read | K ...Read More >
New Delhi, July 9 (SocialNews.XYZ) India's largest consumer electronics brand Samsung on Wednesday announced that it has started taking pre-orders for the most advanced Galaxy Z series yet - Galaxy Z Fold7 and Galaxy Z Flip7 -- which are being manufactured in the country in a further boost to the 'Make in India' initiative. Galaxy Z Fold7 brings together the best of Galaxy design, camera functionality and AI innovation in the thinnest and lightest Galaxy Z Fold series to date. It delivers the premium performance and experience of an ultra-smartphone, while unlocking new levels of efficiency a ...Read More >
PNN Noida (Uttar Pradesh) [India], July 15: eSearch Logix has officially introduced its highly anticipated SEO platform, RanksPro. This all-in-one SEO toolkit is set to revolutionize how agencies, marketers, and businesses oversee and scale their SEO strategies. The experts at eSearch Logix kept their focus on precision engineering while crafting this efficient, user-friendly SEO tool. RanksPro combines a complete suite of SEO features under a single dashboard, simplifying accessibility for the users. It minimizes the handling of multiple subscriptions and brings workflow automation and data ...Read More >
Lucknow, Jul 17 (PTI) Uttar Pradesh's capital city has secured the third position in the category of urban spaces with population exceeding 10 lakh, while Prayagraj was adjudged the Cleanest Ganga City in the ninth edition of the Swachh Survekshan. Lucknow also became the first city in the state to achieve a 7-star Garbage Free City rating in the 2024-25 survey. Gorakhpur achieved double success, ranking third in the Safai Mitra Surakshit Sheher category and fourth among cities with a population between 3 to 10 lakh. Agra has been recognised as the Emerging Clean City of Uttar Pradesh, securi ...Read More >
Umwelt.Ai has partnered with PeopleStrong to enhance employee experiences and streamline HR processes through advanced AI-driven engagement solutions. This collaboration combines Umwelt.Ai’s cutting-edge analytics and sentiment analysis with PeopleStrong’s expertise in Human Capital Management (HCM), delivering real-time insights to tackle workforce challenges. The partnership aims to boost employee satisfaction, retention, and productivity, aligning with the rapid growth of India’s employee engagement market. Umwelt.Ai’s CEO Vishal Chopra emphasized its role in fostering dynamic workplaces, w ...Read More >