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.
Chennai, Jun 29 (PTI) Tamil Nadu Chief Minister MK Stalin on Sunday conveyed to the Centre that 8 fishermen have been arrested by Sri Lanka and sought its intervention to ensure their safe return. Writing to External Affairs Minister S Jaishankar, Stalin said: "I wish to draw your urgent attention to a matter of grave concern affecting the livelihood and safety of Indian fishermen, particularly those from Tamil Nadu." The CM said it has been reported that the Sri Lankan authorities on June 29, 2025 apprehended 8 fishermen from Rameswaram and seized their mechanised fishing boat. Such incidents lead to loss of boats and equipment, prolonged detentions, and cause a heavy psychological toll for the affected families. "I request your early intervention to ensure the safe repatriation of the apprehended fishermen and their boat." With the annual fishing ban period now over and the season having just resumed, fishermen returned to the sea with hopes of earning their livelihoods. "Considering that the fishing season has just begun, I urge the Ministry to initiate proactive diplomatic engagement with the Sri Lankan authorities to ensure restraint and mutual understanding in the handling of fishing-related issues." PTI VGN VGN ROH
IMPHAL, Nov 17: The NPP on Sunday withdrew support from the BJP-led Government in Manipur, even as violence continued to rock the state as offices of the Congress and the saffron party were ransacked in the hill district of Jiribam where an unidentified body was found earlier in the day, officials said. Follow the Daily Excelsior channel on WhatsApp A BJP MLA's ancestral house was vandalised in Imphal Valley while a building owned by Ashab Uddin, the Independent legislator of Jiribam, was ransacked, officials said. The incidents occurred a day after irate mobs set fire to the residences of ...Read More >
BJP member Manas Dutta blamed the previous BJD government and held it responsible for not extending their service agreement which ended in April, 2024. As hundreds of women working as support staff under the Mission Shakti department staged a demonstration outside the Assembly over different issues, the opposition BJD on Monday demanded immediate release of their salaries. While the agitating women were shouting slogans at the Mahatma Gandhi Road leading to the Assembly, the issue was raised in ...Read More >
Lakhimpur Kheri, December 3: Talent knows no boundaries. A testament to this is 28-year-old Muneer Khan from Lakhimpur Kheri in Uttar Pradesh, whose innovations and technical skills have gained him global recognition. From a 'smart water bottle' to 'smart soil testing device,' and more recently, 'AI-enabled eye-glasses,' what makes his innovations stand out is their ability to improve everyday convenience for ordinary people. Born in a humble and poor family in Kheri's Gauriya village, Muneer lost his father when he was just one year old. His four older brothers and mother worked tirelessly t ...Read More >
Responding to Pattali Makkal Katchi (PMK) floor leader G.K. Mani, who raised the issue in the House, Mr. Stalin said, "Adani did not meet me nor did I meet him." Tamil Nadu Chief Minister M.K. Stalin on Tuesday (December 10, 2024) told the State Assembly that he had not met Adani Group chairman Gautam Adani, dismissing rumours about the conglomerate's alleged links to the State. Responding to Pattali Makkal Katchi (PMK) floor leader G.K. Mani, who raised the issue in the House, Mr. Stalin said, ...Read More >
Mumbai: The death toll in Monday's BEST bus crash rose to seven and the number of injured to 42 even as the driver, Sanjay More, booked for culpable homicide not amounting to murder, claimed he had noticed a spark and mistakenly accelerated the bus instead of applying brakes. Seeking More's custody, police said they want to investigate if he intentionally used the vehicle as a weapon. The bus on Route 332 had accelerated on a congested 200m stretch near Kurla station hitting vehicles and pedestr ...Read More >
Khargone (MP), Dec 11 (PTI) Spiritual leader Sant Siyaram Baba passed away on Wednesday at 94 following a brief illness at his ashram on the banks of the Narmada river in Madhya Pradesh, an official said. Siyaram Baba breathed his last around 6.10 am in his ashram in Bhattyan village, said Khargone district Superintendent of Police Dharmaraj Meena. Condolences poured in from various quarters. Madhya Pradesh Chief Minister Mohan Yadav, former CM Digvijaya Singh, and ex-Union minister Arun Yadav among others expressed grief over the death of the Hindu seer, a revered figure in the Nimar region ...Read More >
Kottayam: Chief Minister Pinarayi Vijayan said Kerala and Tamil Nadu have always supported each other, establishing a model of cooperative federalism. He said that when rights of states are being encroached upon, such cooperation should be extended among others. Tamil Nadu Chief Minister MK Stalin and Vijayan inaugurated the Thanthai Periyar Memorial and Library in Vaikom in Kerala on Thursday, marking a significant occasion in the commemoration of the legacy of social reformer Periyar E.V. Ramasamy. Several key political leaders from both Tamil Nadu and Kerala, underscored the longstanding ...Read More >
TNCC president K Selvaperunthagai described the passing of Elangovan as "a huge loss". Senior Congress leader and former Union Minister E V K S Elangovan died due to age-related ailments at a private hospital here on Saturday, the hospital said. He was 75. The legislator from Erode East constituency has not been keeping well for over a month. He was admitted to a hospital here on November 11. "He passed away today despite the best efforts of the medical staff," the hospital said. TNCC preside ...Read More >
CHENNAI: Expressing deep grief over the death of six persons in a fire accident that took place in a private hospital in Dindigul on Thursday night, Chief Minister MK Stalin on Friday announced a solatium of Rs.3 lakhs each to the bereaved families. Also, those who suffered serious injuries would be given Rs. 1 lakh and minor injuries, Rs.50,000. The persons who have lost their lives have been identified as J Manimurugan (30) and J Mariammal (50) of Thadikombu; K Suruli (50) of Seelayampatti in Theni district; R Rajasekar (36) and R Gopika (6) of NGO Colony in Dindigul. ...Read More >
Nagpur, Dec 15 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Sunday slammed the opposition parties, accusing them of not believing in the Constitution. Fadnavis landed in Nagpur to a grand welcome from party workers and people. Talking to reporters at Nagpur airport, Fadnavis said, "It is a joyous moment that after becoming the chief minister, I have come to my janmabhoomi and karmabhoomi (birthplace and workplace). Nagpur is my family, and it is welcome by my family." Fadnavis took oath as the chief minister for the third time on December 5 after the Mahayuti combine swept the Novem ...Read More >
New Delhi: The opposition INDIA bloc formed to take on the BJP led NDA in the 2024 Lok Sabha elections is struggling with internal rift with Jammu and Kashmir Chief Minister Omar Abdullah acknowledging the growing discontent among the alliance partners and asking Congress to justify its leadership role instead of taking it for granted. Suggesting the Congress to raise the issue of raise the issue of restoration of statehood in Jammu and Kashmir, Abdullah said the leadership "has to be earned" and cannot be taken for granted. "By virtue of being the single largest party in Parliament, and als ...Read More >
Amritsar, Dec 17 (PTI) Congress MP Gurjeet Singh Aujla on Tuesday urged the Punjab government to take steps to bring back the bodies of Punjabis who were among 11 Indians who died in a restaurant in Georgia. Eleven Indian nationals were found dead at a restaurant in Georgia's mountain resort of Gudauri, the Indian mission had said on Monday. Georgia's Ministry of Internal Affairs had said the initial inspection found no signs of injury or violence. All victims died from carbon monoxide poisoning, local media reported, citing police. The Indian mission in Tbilisi had said it was saddened to ...Read More >
Itanagar, Dec 5 (PTI) The Arunachal Pradesh government has inked a memorandum of agreement (MoA) with the Indian Army for the maintenance and upkeep of the Major Ralengnao Bob Khathing Museum of Valour in Tawang district. The memorandum was signed by Tawang Deputy Commissioner Kangki Darang and Brigadier VS Rajput of the 190 Mountain Brigade on Wednesday in the presence of Chief Minister Pema Khandu. With this agreement, the museum will be effectively managed solely by the Indian Army, an official statement said here on Thursday. On the occasion, Khandu paid tributes to Sardar Vallabhbhai P ...Read More >
CHENNAI: Tamil Nadu Chief Minister MK Stalin responding to a query from PMK floor leader GK Mani in the Assembly on Tuesday, categorically denied meeting Adani Group Chairman Gautam Adani. Mani, during his speech during the zero hour, raised a query about media reports about a case registered in the US court against Adani, which included purported connections with the Tamil Nadu government, and sought the state government's explanation on the issue. Responding to him, Stalin clarified, "Neither I nor the present Tamil Nadu government has any connection in this matter. I have never met him, a ...Read More >
Tamil Nadu Chief Minister M. K. Stalin firmly denied allegations linking him to industrialist Gautam Adani as presented by the BJP and its ally, the PMK. During a recent Assembly session, Stalin challenged opposition leaders to initiate a joint parliamentary committee (JPC) inquiry into the allegations surrounding Adani's company. Addressing PMK leader G. K. Mani, Stalin reiterated that he had never met Adani, dismissing claims of any existing ties. He asked if the opposition was willing to engage in a thorough investigation through a JPC probe and bring the discussion to Parliament. The cal ...Read More >
Bengaluru: Former Karnataka Chief Minister SM Krishna, a towering political figure and a pioneer of Bengaluru's IT revolution, passed away on Tuesday morning at the age of 92. He had been battling a prolonged illness and was hospitalised earlier in August.Krishna's illustrious career spanned decades, during which he served as Karnataka's Chief Minister (1999-2004), External Affairs Minister in the Manmohan Singh-led government (2009-2012), and Governor of Maharashtra. Known for his transformative leadership, Krishna played a key role in establishing Bengaluru as a global IT hub, earning it the ...Read More >
Panaji, Dec 10 (PTI) Karachi-born Shane Sabastian Pereira entered India to live in his ancestral village in Goa just four months after his birth, but it has taken him 43 years to obtain Indian citizenship. Goa Chief Minister Pramod Sawant on Tuesday handed over the Indian citizenship certificate to the Pakistan-born Christian man under the Citizenship (Amendment) Act. Shane is the second person from the coastal state to receive the certificate, after Joseph Francis Pereira, another Pakistani citizen who was granted Indian citizenship in August this year. Shane, originally from Demello Wado ...Read More >
Heavy rains across Tamil Nadu have led to school closures in several districts, including Chennai, on Thursday. The India Meteorological Department (IMD) has issued a yellow alert, predicting moderate rains and light thunderstorms in parts of the state. Rainfall figures show significant precipitation in multiple areas. Meanwhile, Northern India braces for a cold wave beginning December 9, with the IMD forecasting plunging temperatures in Rajasthan, Punjab, Haryana, and Uttar Pradesh.Schools acros ...Read More >
Patna, Dec 12 (PTI) Cricket prodigy Vaibhav Suryavanshi, who recently became the youngest player ever to secure an Indian Premiere League contract, called on Bihar Chief Minister Nitish Kumar on Thursday. Suryavanshi, who was accompanied by his father Sanjiv, met Kumar at the official residence of the Chief Minister. The teenager was presented with a shawl by Kumar, in the presence of Deputy CM Samrat Choudhary, among others. Hailing from Samastipur district of north Bihar, the young player made headlines last month when he signed a contract with Rajasthan Royals, becoming the youngest play ...Read More >
Kottayam (Kerala), Dec 12 (PTI) The historic struggle for equality that took place in Vaikom a century ago, popularly known as the Vaikom Satyagraha, was not a movement confined to Kerala but marked the starting point for various other struggles for social justice, Tamil Nadu Chief Minister M K Stalin said on Thursday. In his address at Vaikom in this district after inaugurating the renovated Thanthai Periyar Memorial and Periyar Library, Stalin said that while impressive strides have been made in areas of social justice and economy in 100 years, a lot more has to be achieved. Stalin inaugur ...Read More >
Panchkula (Haryana) [India], December 17 (ANI): Haryana Chief Minister Nayab Saini on Tuesday welcomed the 'One Nation, One Election' bill stating that One Nation One Election will create a balance between speed of work and finances. He also dismissed opposition protests over the bill saying that Congress opposes every good initiative, that's their only agenda. Speaking to mediapersons, the Haryana Chief Minister said, "Continuous elections cost a lot and slow down development and progress. One Nation One Election will create a balance between speed of work and finances. This bill should be ...Read More >
Bengaluru, Dec 3 (PTI) The Karnataka government on Tuesday requested the Drugs Controller General of India (DCGI) to investigate and take necessary action against a West Bengal-based manufacturer, amid concerns that recent maternal deaths in Ballari district, could be linked to substandard Ringer Lactate solution supplied by the company. In a letter, Karnataka Health Principal Secretary Harsh Gupta, drew the attention of the DCGI to the supply of several batches of "Compound Sodium Lactate I P (Ringer's Lactate I P)" by the West Bengal-based pharmaceutical company Paschim Banga Pharmaceutical ...Read More >
Mumbai, Dec 5 (PTI) BJP legislature party leader Devendra Fadnavis will be sworn-in as the new chief minister of Maharashtra on Thursday evening at a grand ceremony here to be attended by Prime Minister Narendra Modi and several other dignitaries. Fadnavis, who would be occupying the CM's post for the third time, along with two deputy chief ministers will take the oath of office, BJP leader Sudhir Mungantiwar told reporters, adding that other members of the cabinet will take oath later. Nationalist Congress Party chief Ajit Pawar and Shiv Sena chief Eknath Shinde are expected to take oath as ...Read More >
Thiruvananthapuram, Dec 10 (PTI) 'I'm Still Here' (Portugal), a 2024 political biographical drama film directed by Walter Salles will be the opening film of the 29th International Film Festival of Kerala (IFFK) beginning here on December 13. The movie, a Brazil-France co-production, deals with the story of a mother and activist searching for her missing husband, a dissident politician during the military dictatorship in Brazil. The festival will be officially inaugurated by Kerala Chief Minister Pinarayi Vijayan at a function to be held at the Nisagandhi auditorium on December 13 evening, St ...Read More >
Ballia (UP): Uttar Pradesh Deputy Chief Minister Brajesh Pathak on Thursday accused Congress leader Rahul Gandhi of trying to incite people and spreading anarchy in the state and said he is a "confused" leader who does not know what to do. Pathak was reacting to Gandhi's visit to Hathras where the Leader of Opposition in the Lok Sabha met the family of a Dalit woman who died allegedly after being gangraped in September 2020. "(Rahul) Gandhi is confused. He has no idea what he will say and when. Sometimes he thinks of visiting Sambhal, sometimes Aligarh or Hathras. He is totally derailed and ...Read More >
Mumbai, Dec 12 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Thursday said the government promptly made an arrest after a replica of the Constitution was damaged in Parbhani, yet violent protests took place which was unacceptable. The accused, who allegedly damaged the replica, was a mentally unstable man, Fadnavis told reporters in Delhi. A bandh was called on Wednesday after the glass-encased replica of the Constitution near Dr B R Ambedkar's statue outside the Parbhani railway station was found damaged the previous evening. But the shut-down took a violent turn when a mob indulged ...Read More >
Mumbai, Dec 17 (PTI) Senior NCP leader Chhagan Bhujbal on Tuesday launched a veiled attack on party president Ajit Pawar over his exclusion from the new council of ministers, claiming Maharashtra Chief Minister Devendra Fadnavis was in favour of his induction in the cabinet. He said Ajit Pawar, the NCP president, makes decisions for the party like Fadnavis for the BJP and Eknath Shinde for the Shiv Sena. Amid speculation over his "Jahan nahi chaina, wahan nahi rehna" remark a day before, Bhujbal said he would speak on Wednesday after discussing with NCP workers and people from the Yeola cons ...Read More >
Bhubaneswar, Dec 3 (PTI) President Droupadi Murmu on Tuesday arrived in Odisha and unveiled a statue of Santali writer and educator Pandit Raghunath Murmu here. She also visited the Adim Owar Jarpa Jaher, a sacred place for Santals, in Bhubaneswar and offered prayers. The President was accorded a warm welcome at Biju Patnaik International Airport (BPIA), where she landed on a special aircraft of the Indian Air Force (IAF) to commence her five-day visit to Odisha. She was received at the airport by Governor Raghubar Das, Chief Minister Mohan Charan Majhi and other dignitaries. People standi ...Read More >
Mumbai, Dec 3 (PTI) Maharashtra's caretaker Chief Minister Eknath Shinde on Tuesday visited a private hospital in Thane for a "check-up," two days before a new CM is sworn in at an open ground ceremony in south Mumbai. Even as it is not known yet who would take oath as chief minister at Azad Maidan on the evening of December 5, preparations are in full swing for the ceremony, to be attended by Prime Minister Narendra Modi, about 2,000 VVIPs and some 40,000 supporters. Shinde, who had been staying at his private residence in Thane for the last few days, visited the hospital in the morning. "I ...Read More >
Srinagar, Dec 4 (PTI) Security forces continued their search for militants in the Dachigam forest here on Wednesday, a day after a Lashkar-e-Taiba terrorist was killed in an encounter in the area, officials said. According to officials, the security forces halted their search on Tuesday night but maintained a tight cordon in the area. The search for militants in the vast mountainous and forest area of Dachigam resumed in the morning, they said. Also Read | ISRO PROBA-3 Mission Launch Delayed: Indian Space Agency Reschedules Launch of PSLV-C59 After Detecting 'Anomaly'. "The search operation ...Read More >