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.
Leh, Ladakh: A top official of Ladakh Autonomous Hill Development Council welcomed the decision of the Ladakh administration to grant a special relaxation in the upper age limit for direct recruitment to Group 'A' and Group 'B' Gazetted posts in Ladakh. The Chairman/CEC, LAHDC Leh, Tashi Gyalson has also extended heartfelt congratulations to the youth and aspirants of Ladakh. Issued by the General Administration Department vide Order No. 280-LA(GAD) of 2025 dated 30.06.2025, the move comes as a much-needed relief for aspirants, who were unable to participate in earlier recruitment processes due to administrative delays following the creation of the Union Territory in October 2019. As per the order, the UT Administration has approved a one-time age relaxation of five years in the upper age limit for all candidates, both reserved and unreserved, for recruitments to be conducted during 2025 and 2026. This is in addition to the age relaxations already available under the Ladakh Reservation (Amendment) Regulation and Rules, 2025. Accordingly, aspirants from Scheduled Castes (SC), Scheduled Tribes (ST), and Areas Adjoining the Line of Control (ALC) are already eligible for 5 years of relaxation, while Persons with Benchmark Disabilities (PwBD) are entitled to 10 years (General) and 15 years (SC/ST/ALC) of relaxation, depending on their category. With the inclusion of this one-time special relaxation, candidates under certain categories such as PwBD belonging to SC/ST/ALC can now avail up to 20 years of age relaxation, subject to a maximum upper age limit of 56 years on the crucial date of eligibility. The order notably includes the ALC category for age relaxation, despite its exclusion under standard DoPT guidelines, in recognition of the unique geographic challenges and disadvantages faced by residents living in remote and border areas. All candidates seeking relaxation must possess valid domicile and category certificates issued by the competent authorities of the Union Territory of Ladakh.
Srinagar: The Centre on Tuesday announced new reservation and domicile policies for Ladakh, reserving 85% jobs for locals and one-third of the total number of seats in the Ladakh Autonomous Hill Development Councils for women. Both Kargil Democratic Alliance (KBL) and Apex Body Leh (ABL), which are fighting for implementation of the Sixth Schedule of the Constitution in the Union Territory (UT), statehood, a separate public service commission and two Lok Sabha seats for Ladakh, welcomed the noti ...Read More >
Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...Read More >
New Delhi [India], June 28 (ANI): The Union Ministry of Cooperation is set to organise a 'Manthan Baithak' of Cooperation Ministers of States and Union Territories (UTs) on June 30 at Bharat Mandapam, New Delhi. The Manthan Baithak will be chaired by the Union Home Minister and Minister of Cooperation, Amit Shah. Also Read | Indian Astronaut Shubhanshu Shukla Describes Life on ISS During Video Interaction With PM Narendra Modi, Says 'From Here, We See Sunrise and Sunset 16 Times a Day' (Watch Video). This significant event will witness the active participation of Cooperation Ministers and A ...Read More >
New Delhi: The Centre has asked the states and union territories to make any proposed changes in the boundaries of administrative jurisdictions before December 31, 2025, when they will freeze for the Census-2027 exercise and the first phase of the decadal population count will begin on April 1 next year, according to a communication sent by the registrar general and census commissioner of India, Mritunjay Kumar Narayan, on June 27. The freezing means the states/UTs won't be able to change the boundaries of districts, towns, villages and tehsils post December 31. The Census can be conducted on ...Read More >
Madhya Pradesh Director General of Police (DGP) Kailash Makwana said on Sunday (June 29, 2025) that the police force alone cannot curb rape incidents while claiming that various other factors, like pornography, internet and alcohol, are causing a decline in morality in society, leading to an increase in cases of sexual assault. Mr. Makwana made the remarks after holding a review meeting for Simhastha Kumbh Mela, slated to be held in 2028, with top officers in Ujjain. He went on to claim that earlier children used to listen to parents and teachers, and "vulgarity is now being served on the int ...Read More >
Talking to reporters on the sidelines of a special national integration camp organised by the Jammu and Kashmir, Ladakh NCC Directorate here, Abdullah also lauded the sanctioning of several projects for the UT. "Let there be discussions, it is a good thing. But we would want the discussions to conclude soon and that we get what we are demanding," he said. Welcoming the sanctioning of several projects for Jammu and Kashmir, including tunnels, costing ₹10,600 crore, the CM said these projects wi ...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, December 15: The 'One Nation, One Election' Bill, officially known as the Constitution (One Hundred and Twenty-Ninth Amendment) Bill, 2024, will not be tabled in the Lok Sabha on Monday. The Revised Business List of the Lower House for the day does not mention the Bill. The first list had scheduled the Bill for Monday. It mentioned, "... Arjun Ram Meghwal to move for leave to introduce a Bill further to amend the Constitution of India. Also to introduce the Bill." One Nation, One Election: Union Cabinet Approves Bills for Simultaneous Lok Sabha, State Assembly Elections, Say Source ...Read More >
SRINAGAR/KATRA: Chief Minister Omar Abdullah on Friday expressed optimism about Jammu and Kashmir's statehood being restored sooner than later. Terming the Centre's splitting the erstwhile state of J&K into two Union territories in August 2019 as "demotion", Abdullah said, "I was the Chief Minister of a state. Now I'm the Chief Minister of a Union Territory. But I firmly believe that this will be corrected very soon -- and it will be under your leadership and with your support, Mr. Prime Minister, that Jammu and Kashmir will once again regain the status of a full-fledged state." The Chief Min ...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 >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
The Amrit Bharat Station Scheme is a long-term project by the Indian Railways aimed at transforming more than 1,300 railway stations across the country. Prime Minister Narendra Modi is inaugurating 103 redeveloped Amrit stations across India on Thursday via video conferencing from Bikaner. The redeveloped stations are spread across 86 districts in 18 States and Union Territories and have been built at a cumulative cost of over Rs 1,100 crore, according to a release by the ministry of railways. ...Read More >
Srinagar, June 7: Jammu and Kashmir Lieutenant Governor Manoj Sinha, on Saturday, congratulated the University of Kashmir for getting an A++ grade in the NAAC inspection. The Lt Governor extended his heartiest congratulations to the Vice Chancellor, faculty, staff, and students of the University of Kashmir for attaining the prestigious A++ Grade by the National Assessment and Accreditation Council (NAAC), and securing an outstanding Cumulative Grade Point Average (CGPA) of 3.68 on a seven-point scale. Calling it a proud moment for J&K UT, the Lt Governor said, "The A++ Grade places the Un ...Read More >
Jammu, June 8 (PTI) Lieutenant Governor Manoj Sinha on Sunday laid the foundation stone of a mega industrial unit in Jammu and Kashmir's Kathua district, saying that massive infrastructure development is stimulating rapid economic growth of the region. He said that the union territory will soon become a manufacturing hub, a principal market of north, and a competitive provider of services. Also Read | Chennai Shocker: Doctor Kills Woman Who Blackmailed Him With Nude Photos, Arrested After CCTV, Call Records Reveal Truth. The LG reiterated his commitment to decentralising the industrial infr ...Read More >
DHARMAPURI: For the third time in the past two months, a wild leopard wandered into a private farmland near Valaithottam village near Palacode and hunted chicken raised by a local farmer. Locals are increasingly distressed and urged the forest department to take steps to relocate the leopard. Over the past few months, there have been several reports of leopard sightings in forest areas near Palacode, particularly in Valaithottam village, near the forest's fringe. There have been two instances when the leopard attacked farmlands, taking away a domestic dog and a chicken. On Saturday, the leop ...Read More >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
SRINAGAR: The Ghulam Nabi Azad-led Democratic Progressive Azad Party (DPAP), launched in 2022, suffered a major setback as its last two prominent faces returned to the Congress fold on Friday. With this, the former J&K chief minister's ambitious plan to provide an alternative political force in the UT now seems like a closed chapter.In the past few months, Azad himself has not shown any interest in reviving his party as he has not held any meeting.Former ministers Taj Mohiuddin and Ghulam Nabi Sa ...Read More >
HYDERABAD: Union Home Minister Amit Shah on Sunday ruled out any talks with Maoists and said the cadre of the proscribed outfit should give up arms, surrender before police, and join the mainstream. Addressing a rally after inaugurating the National Headquarters of the Turmeric Board in Nizamabad in Telangana, Shah also said Congress leader Rahul Gandhi, who is still raising questions on Operation Sindoor, should see the weak appearance of Pakistan to understand the effectiveness of the Operation. "Congress asks (the Centre) to hold discussions with these people (Maoists). Our government's p ...Read More >
The Bihar government on Thursday (June 5, 2025) sanctioned compensation of ₹8.25 lakh under the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989, to the family members of the 11-year-old Dalit girl who was raped and brutally assaulted with a knife, and later succumbed to her injuries at the Patna Medical College and Hospital (PMCH) on June 1. The State also announced a monthly pension of ₹7,700 for the victim's family, in addition to the allotment of a house under the Mukhyamantri Awas Yojana. According to officials, the girl, who was transferred from Muzaffarpu ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
New Delhi, Dec 17 (UNI) The Opposition on Tuesday strongly opposed the introduction of the One Nation One Election Bill in the Lok Sabha, calling it as an attack on the Constitution and the federalism of the country and demanded that it must be withdrawn immediately. Objecting to the introduction of the Bill, Congress member Manish Tewari said, "The Bills moved by the Law and Justice Minister is assault on the basic structure of the Constitution and are beyond the legislative competence of this house. Therefore they need to be opposed and the introduction of the Bills need to be stopped," he ...Read More >
Bengaluru, 26th May 2025: The Ministry of Skill Development and Entrepreneurship (MSDE) will convene the 38th Meeting of the Central Apprenticeship Council (CAC) on 26th May 2025 at Vigyan Bhawan, New Delhi. The Council, reconstituted in October 2024 under the chairmanship of Shri Jayant Chaudhary, Hon'ble Minister of State (Independent Charge), MSDE, plays a pivotal role in advising the Government on key policies related to apprenticeship training across the country. The last CAC meeting was held in June 2021. Since then, India's apprenticeship landscape has evolved considerably -- with over ...Read More >
KATRA, June 6: Lt Governor Manoj Sinha today said "Kashmir to Kanyakumari" is no more a slogan but has become a reality with Vande Bharat train to the Valley getting flagged off. Sinha said the inauguration of the Kashmir rail service has connected the hearts of the people of Jammu and Kashmir with the rest of the country and will pave the way for the economic prosperity of the region. "Kashmir to Kanyakumari is no longer a slogan. Prime Minister Narendra Modi has turned this decade-long dream into reality. He has connected the hearts of millions of Indians, forging an unbreakable bond from ...Read More >
India's next space hero is here. It's Shubhanshu Shukla.In a historic leap for India's space exploration, Group Captain Shubhanshu Shukla is set to become the first Indian astronaut to travel to the International Space Station (ISS). Scheduled for launch on June 10, aboard SpaceX's Falcon 9 rocket as part of Axiom Mission 4 (Ax-4), Shukla's journey will make history as he becomes the first Indian astronaut to travel to the ISS.Axiom Mission 4 (Ax-4) is a pioneering private spaceflight mission that will not only send India's first private astronaut to space but also mark the return to human spa ...Read More >
NEW DELHI: In a move aimed at 'cleaning the political space', the Election Commission on Thursday initiated proceedings for delisting 345 regisered unrecognised political parties (RUPPs) that had failed to fulfil the statutory obligation of contesting even a single election in the last six years and the offices of which could not be located at the address mentioned in their registration documents.These 345 RUPPs are registered in different states and Union territories across the country.The Commission on Thursday said that it had come to its notice that of the over 2,800 RUPPs currently regist ...Read More >
Jharkhand Governor Santosh Gangwar on Wednesday (December 11, 2024) said all-round development of the State's people is possible only with mutual cooperation between the Centre and the State. The newly elected government will work to carry forward the healthy tradition of the federal structure, Mr. Gangwar said while addressing the maiden session of Jharkhand Assembly. "All-round development of the people of the State is possible only with mutual cooperation between the Centre and the State. We all are in favour of this belief. Our government will work to carry forward the healthy tradition ...Read More >
Nagpur: Warrior king Chhatrapati Shivaji Maharaj belonged to the entire country, but British history tried to confine him as a regional icon, said BJP leader and Rajya Sabha MP Sudhanshu Trivedi, who was in Nagpur on Friday to attend an event marking the 351st anniversary of Shivaji Maharaj's coronation. Trivedi told TOI at the event organized by Shivaji Maharaj Kruti Samiti that Shivaji Maharaj's contribution in 'safeguarding' the southern part of India from Mughal invasion must not be forgotten.Trivedi said, "Shivaji Maharaj belonged to all of us, entire country. Unfortunately, the British p ...Read More >