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.
HYDERABAD: What's in a cup of chai? A bit of ginger? Sometimes milk. Would elaichi be too much? Maybe it depends on how chai shapes one's habits, their way home, or the search for something lost. Hyderabad needs no introduction when it comes to tea. Its thick Irani chai defines the city, and rightly so. But for a young man from Chennai's Tambaram, it's the ginger-cardamom decoction made by an old vendor back home that still sets the standard. A woman from Vizag still longs for the taste of Ooty leaves from her childhood. Perhaps that's why chai tastes different across the city. People carry in their chai their memory, comfort and even fatigue. In Hitec City, between heat-glassed offices, people step out for roadside tea because sitting on a stone bench with a paper cup often feels more real than what they left behind. "Sitting on the stone bench and having a cup of tea is my breather," said Ashish, a tech worker near Wipro Circle. Between Bhooja and Mindspace, tea stalls sit wedged between chrome buildings. Some go for chai, others for a smoke, most for the pause. "It's strange to have these shacks between all these fancy offices, no? But somehow, this feels more familiar than that concrete jungle." A Chennai boy who moved here two years ago still looks for the taste he left behind. "There's this old man near Tambaram station who makes ginger chai with cardamom and gets it right every time. I've been going since 2018. Now I try to find that taste here. LCD near White House comes close, but not quite. That taste stays in my head." He laughed. "I think I go to Chennai just for that tea sometimes." That chai break holds something more for others. Moumita, who moved from West Bengal, put it simply, stating, "Tea is an emotion." She walks to a roadside stall near her office to reset. The kind of memories I have made on these rugged benches are extraordinary." She still starts her day with 'lal cha', black and unsweetened, the way her family had it growing up. Hyderabad's tea is many things. Even Irani chai isn't fixed. "Original Irani tea was black," said Mir Abbas Ali Moosavi of Baadshahi Ashoorkhana. "No milk. A sugar cube in the mouth, and sip the tea around it." That, he says, came from Iran, and still continues across parts of the Arab world. "But Hyderabad changed it. The milk was added to suit the local taste. That's how this thick chai came about." Speaking of ashoorkhana, in the old city, the energy around tea is different. A sip becomes conversation, and conversation turns ritual. "The azaan floats from Medina, the smell of bun maska cuts the street chaos, and the Charminar stands behind. This is the perfect tea spot," said a shopper outside Nimrah Cafe & Bakery. Ali bin Abood, owner of Nimrah, drinks chai up to 10 times a day. "My friends come around 7.30 every evening. They've been doing this for eight, nine years. That's our time. That's my fondest tea memory." Luke and Marcus, a German father-son duo at Nimrah, were on their second round. "I'm not a tea person," Luke said, "but this creamy chai reminded me of dipping sandwiches into sugary milk tea as a kid." Marcus added, "Black tea always meant road trips. My mother packed sandwiches and we'd stop along highways. That was the first tea of the trip." Farther down, an outlet at Shalibanda sees more than 8,000 visitors on weekends. "Chai is our lifeline here," said Shahbaaz, the manager. "Chai is our lifeline." Owner Md Abdul Majeed added, "We introduced Zafrani chai after the pandemic. It's been huge. Saffron is good for health. It's chai and medicine. I stick to that mostly." Back at Nimrah, three students from a city college stood drinking chai. One of them, Akshita, said she came once a month. "No, no, twice," her friend corrected. "I wasn't a chai person," the friend added. "But now I think, if I ever crave tea again in life, it'll be for these memories." And maybe that's what stays. The friends who sit beside you. The sugar someone else stirred in. The sound of azaan or rain in the background. when you don't realise you're making memories, but you are. And that tea time is what we go looking for later.
Mandi (Himachal Pradesh) [India], July 10 (ANI): Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday said a massive disaster had struck three assembly constituencies in Mandi district due to a cloudburst, with Seraj constituency being the worst affected. He visited the impacted areas, met families at rehabilitation centres, and sought central help to deal with the crisis. Speaking to the mediapersons, CM Sukhu said, ... A massive disaster has struck the state in three assembly constituencies of Mandi district, caused by a cloudburst... Areas of the Seraj constituency have been ...Read More >
PATNA: Congress leader Rahul Gandhi is all set to embark on 'Vote Adhikar Yatra' from Bihar's Rohtas district on August 17 to register a protest against how the ongoing special intensive revision (SIR) of the electoral rolls was being conducted in the state. This comes at a time when the Opposition is ratcheting up its protest against the SIR and casting aspersions on the integrity of elections. AICC general secretary (organisation) and MP KC Venugopal held a meeting with the INDIA bloc leaders at Sasaram in Rohtas district on Wednesday and reviewed preparations for Rahul Gandhi's visit to Bi ...Read More >
Kharna, the sacred second day of Chhath Puja, is being celebrated today, 26 October 2025, across Bihar, Uttar Pradesh, and Jharkhand. The day holds immense spiritual value as devotees observe a long fast from sunrise to sunset before breaking it with jaggery kheer, fruits, and puris or ghee-soaked rotis. To mark the occasion, people share heartfelt Kharna status videos, Kharna Puja statuses, and devotional clips that capture the divine vibe of the festival. Across India and among the diaspora, t ...Read More >
HYDERABAD: The Commissioner's Task Force (South West Zone), along with Mangalhat Police, arrested two habitual offenders for cheating elderly women using counterfeit currency. Police recovered Rs 20,000 in cash and an auto-rickshaw, with the total seizure valued at Rs 1.2 lakh. The accused were identified as auto drivers Syed Waseemuddin (34) of Yakutpura and Mohd Azam Ali (34) of Vatepally, originally from Amaravati, Maharashtra. Addicted to liquor and other vices, they turned to crime due to poor earnings. They allegedly purchased dummy Rs 500 notes from a Charminar stationery shop. Their ...Read More >
Bengaluru: Small businesses across Karnataka -- including tea stalls, bakeries, salons, and local eateries -- have raised concerns after receiving GST notices based on their UPI transaction volumes. The Commercial Tax Department has issued these notices to entities whose annual digital receipts exceeded ₹40 lakh for goods or ₹20 lakh for services, even if they are not GST-registered. Tax consultants are urging affected traders to respond to the notices within the stipulated deadline to avoid penalties and interest. "Traders need not panic or pay tax immediately. But they must respond with pro ...Read More >
New Delhi, July 20 (SocialNews.XYZ) India's tea exports rose by 2.85 per cent in the 2024-25 financial year compared to the previous fiscal, reflecting a second year of robust demand for the country's high-quality product, according to data released by the Tea Board. The tea exports from the country increased from 250.73 million kilograms to 257.88 million kilograms, the data showed. There was also a surge in shipments from North India, with the region recording an 8.15 per cent rise in exports to 161.20 million kilograms during 2024-25 compared to 149.05 million kilograms in 2023-24. The v ...Read More >
Reacting to US President Donald Trump's 20-point Gaza peace plan, Israeli ambassador Reuven Azar, in an exclusive conversation with CNN-News18's Zakka Jacob, said he hoped that Hamas would accept it. He also thanked PM Narendra Modi for extending his support to the plan, saying India has a lot to offer in reconstruction of post-war Gaza. "We don't have assurances that Hamas will do that. But we have several new elements that we haven't seen in the past. First of all, there is a clear plan and a ...Read More >
Dhanashree Verma has opened up about her divorce from Yuzvendra Chahal, revealing the emotional turmoil she experienced during the final court hearing. She addressed the rumors surrounding alimony demands and expressed surprise at Chahal's choice of attire during their court appearance. Choreographer and social media personality Dhanashree Verma has spoken about her divorce from Indian cricketer Yuzvendra Chahal, nearly a month after Chahal first opened up on the separation. In a podcast intervi ...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 >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in a civil dispute between the parties by filing a first information report and seeking the help of the ...Read More >
Chennai (Tamil Nadu) [India], August 4 (ANI): Actor and Makkal Needhi Maiam founder Kamal Haasan made strong remarks on the necessity of education while addressing a gathering at the Agaram Foundation event in Chennai. Education is the only weapon that can break the chains of dictatorship and Sanatan, the Rajya Sabha MP said on Sunday. Kamal Haasan added, Dont take anything else in your hands, only education. We cannot win without it, because the majority can make you lose. Majority Fools (Moodargal) will make u lose; knowledge alone will seem defeated. That why we must hold on to it (Educat ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many claim they first learned of the revised fees only while trying to pay through the university's online ...Read More >
Srinagar, Sep 16 (SocialNews.XYZ) The continued disruption of the Jammu-Srinagar national highway has adversely affected the availability of essential supplies in Kashmir, and the fruit growers and traders fear irreparable loss to the industry unless the highway is restored to heavy vehicular traffic immediately. The traffic department advisory said only light vehicles would be allowed to move on the Srinagar-Jammu highway on Tuesday. Hundreds of apple-laden trucks have been stranded on the highway for many days, as the consignments are likely to rot unless the highway opens without further ...Read More >
Hyderabad: Hyderabad continues to be battered by torrential rains as a depression over the Bay of Bengal intensifies, prompting the India Meteorological Department (IMD) to issue an orange alert for very heavy rainfall until Sunday. The downpour has brought the city to a standstill, with widespread flooding and traffic gridlock paralysing daily life. In response, the Greater Hyderabad Municipal Corporation (GHMC) has evacuated 55 residents from vulnerable localities, relocating them to safer shelters. The heavy rains, which have been lashing the city since Thursday night, have caused signific ...Read More >
New Delhi, Sep 30: US President Donald Trump has unveiled a 20-point peace proposal to end the war in Gaza, which Israeli Prime Minister Benjamin Netanyahu has formally accepted. Hamas, however, is reviewing it, and so far Hamas has not agreed to the plan yet, leaving its future still uncertain even as regional and European leaders voiced cautious support. The proposal, shaped with input from Saudi Arabia, Qatar, the United Arab Emirates, and other partners, begins with an immediate cessation of hostilities and a freeze on current battle lines. Within 72 hours, Hamas would be required to lay ...Read More >
Srisailam (Andhra Pradesh), Oct 16 (PTI) Prime Minister Narendra Modi on Thursday offered prayer at Sri Bhramaramba Mallikarjuna Swamy Varla Devasthanam here in Nandyal district. "PM Modi performed Rudrabhishekam with Panchamuralu (a sacred mixture made of five ingredients-cow milk, cow curd, cow ghee, honey, and sugar)," BJP sources said. Chief Minister N Chandrababu Naidu and Deputy CM Pawan Kalyan accompanied him. The Mallikarjuna Swamy temple is one of the 12 Jyotirlingas and one of the 52 Shakti Peeths. A unique feature of this temple is the coexistence of a Jyotirlinga and a Shakti P ...Read More >
Itanagar: Arunachal Pradesh Chief Minister Pema Khandu said on Thursday that the state has immense potential, endowed with rich natural resources, unique agro-climatic conditions, and a strong tradition of craftsmanship. Inaugurating the two-day Arunachal Pradesh Reverse Buyer-Seller Meet (RBSM) 2025 at a city hotel here, the Chief Minister said the event marks a significant step toward positioning Arunachal Pradesh as a key contributor to India's export ecosystem. "From kiwi and mandarin oranges to large cardamom, ginger, and pineapple, our state has the potential to become an important pla ...Read More >
US President Donald Trump has reduced import duties on nearly 200 agricultural and food products, benefiting Indian suppliers of spices, tea, and processed foods. This move aims to address domestic pressure over rising prices, with India's exports of spices and processed foods expected to see significant gains. Indian suppliers of spices, tea and several processed foods are set to benefit after US President Donald Trump reduced import duties on close to 200 agricultural and food products, report ...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 >
Gandhinagar (Gujarat) [India], July 6(ANI): On the occasion of the fourth foundation day of the Ministry of Cooperation, Government of India, a grand Sakhkar Samelan was organized in Anand, known as the Milk Capital of India, in the presence of Union Home and Cooperation Minister Amit Shah and Chief Minister Bhupendra Patel. Inaugurating various development works of the world-renowned Amul Dairy, Shah called for expanding the cooperative movement nationwide based on the five Ps - People, PACS, Platform, Policy, and Prosperity, said a release from the Gujarat CMO. Shah stated that the converg ...Read More >
Patna: In a major political declaration, Lok Janshakti Party (Ram Vilas) chief Chirag Paswan on Sunday announced his party's intention to contest all 243 seats in the upcoming Bihar assembly elections. Speaking at a public rally in Saran district, bordering his Hajipur Lok Sabha constituency, Paswan's announcement signals a bold shift in the state's political narrative."When I say Chirag Paswan will contest the election, I mean that I will field candidates from all 243 seats in Bihar. I will contest from all seats," he told the cheering crowd.Addressing supporters with fervour, Paswan said, "I ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
Hyderabad (Telangana) [India], September 28 (ANI): Telangana Chief Minister Revanth Reddy laid the foundation stone for the Bharat Future City Development Authority (FCDA) building and Redial Road One at Meerkhanpet village in Kandukur mandal on Sunday. Speaking at the event, the Chief Minister emphasised that Bharat Future City would become a hub for the world's Fortune 500 companies within the next 10 years. A new chapter was unfolded in the development of the youngest state of Telangana today with the laying of the foundation stone for the prestigious Bharat Future City, which is poised t ...Read More >
Hyderabad, July 6 (Maxim News): In a major boost to employment opportunities in the banking sector, public sector banks (PSBs) are set to recruit around 50,000 personnel during the current financial year (FY2025), according to data compiled from various banks. The move is aimed at supporting expanding business operations, enhancing customer services, and strengthening digital and physical infrastructure. The State Bank of India (SBI), the country's largest lender, is leading the hiring wave with plans to employ nearly 20,000 people in FY2025. This includes both probationary officers and speci ...Read More >
Gandhinagar (Gujarat) [India], July 6(ANI): On the occasion of the fourth foundation day of the Ministry of Cooperation, Government of India, a grand Sakhkar Samelan was organized in Anand, known as the Milk Capital of India, in the presence of Union Home and Cooperation Minister Amit Shah and Chief Minister Bhupendra Patel. Inaugurating various development works of the world-renowned Amul Dairy, Shah called for expanding the cooperative movement nationwide based on the five Ps - People, PACS, Platform, Policy, and Prosperity, said a release from the Gujarat CMO. Also Read | Bihar Assembly E ...Read More >
Traders have announced a three-day protest plan. On 23rd July, milk sales will be suspended. Gutka and cigarette sales will be halted on 24th July, and Full closure of bakeries, condiment shops and petty stores will be on 25th June. On 25th July, Bengaluru is set to see a city-wide bandh. Thousands of small business owners are set to protest against GST notices issued by the Karnataka Commercial Taxes Department. The notices target businesses that accepted digital payments exceeding GST registration thresholds, sparking fears of financial ruin and a rapid shift back to cash transactions in In ...Read More >
New Delhi: The Unique Identification Authority of India (UIDAI) has started deactivating the Aadhaar card of the dead to prevent their misuse. UIDAI has deactivated more than 1.17 crore 12-digit Aadhaar numbers so far. This information was given in an official statement issued on Wednesday, July 16. Under this initiative, UIDAI has started a new service on My Aadhaar portal for registered deaths in 24 states and union territories, so that people can report the death of their family members. The statement said, "To maintain continuous accuracy of the Aadhaar database, UIDAI has taken steps to ...Read More >
Jaipur, Jul 19 (PTI) A gang, allegedly involved in the adulteration of coal imported from the US, was busted by the Rajasthan Police, leading to the arrest of an individual, a senior official said on Saturday. The gang was adulterating high-quality coal (petcoke) imported from the US, cheating cement and steel factories out of crores of rupees through this illegal operation, Additional Director General of Police (Crime) Dinesh MN said. A team from the Crime Investigation Branch had been gathering intelligence about the theft of petcoke for some time. They were told by informants about several ...Read More >
NEW DELHI: Delhi Congress president Devender Yadav on Saturday criticised the Rekha Gupta-led BJP government in the city over the worsening pollution levels in the Yamuna River, calling it a "grave concern". Referring to the July pollution report by the Delhi Pollution Control Committee (DPCC), Yadav said that pollution levels in the Yamuna have worsened since March. This, he said, clearly exposes the BJP's hollow promises on cleaning the river. He alleged that the government has only made tall claims about cleaning the Yamuna after assuming power in Delhi but has taken no concrete action. I ...Read More >