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.
JAMMU: The Indian Institute of Management (IIM) Jammu has etched its name in the annals of Indian higher education by securing two of the most prestigious international accreditations-BGA (Business Graduates Association) and EFMD Programme Accreditation for its flagship MBA program-within the same year. This remarkable feat establishes IIM Jammu as one of only five IIMs among the 21 IIMs across the country to hold both accreditations and the only second- and third-generation IIM to do so, marking a golden chapter in its journey of excellence. The twin accreditations affirm IIM Jammu's rapid ascent as a global institution committed to academic distinction, ethical leadership, and societal impact. They validate the Institute's vision of blending Indian values with international standards and reflect its dedication to nurturing responsible leaders equipped for a dynamic global business environment. The journey began in January 2025, when a Peer Review Team (PRT) from BGA, under the Association of MBAs (AMBA), London, conducted an intensive institutional review. Over four days, the team engaged with IIM Jammu's stakeholders-faculty, students, alumni, recruiters, and leadership. The Institute's powerful presentation, The Journey of IIM Jammu, showcased its alignment with BGA's core values: lifelong learning, positive societal impact, and responsible management. In a rare and historic decision, the PRT unanimously recommended a full five-year institutional accreditation-typically reserved for older, well-established institutions-recognizing IIM Jammu's extraordinary growth, robust governance, and academic innovation. This rare distinction enhances the Institute's global standing and opens doors to broader international networks, student exchanges, and career opportunities. Adding further momentum, IIM Jammu underwent another rigorous review in March 2025, this time by the European Foundation for Management Development (EFMD) for its MBA programme. The evaluation focused on internationalization, practice orientation, and ethics, responsibility, and sustainability (ERS). The EFMD Peer Review Team praised IIM Jammu's agile curriculum, strong ethical foundations, and impactful research. On 17th June 2025, the EFMD Board officially conferred a three-year Programme Accreditation during its meeting in Austria. These accreditations significantly enhance the Institute's credibility and global visibility, reinforcing its commitment to academic excellence, international collaboration, and societal relevance. They also align with the national vision of a Viksit Bharat-a fully developed, globally competitive India, as envisioned by Prime Minister Narendra Modi. Dr. Milind P. Kamble, Chairman, Board of Governors, hailed the recognitions as transformative. "This reflects our focus on quality, innovation, and transparency. We are moving closer to becoming a globally respected institution that remains proudly Indian in spirit," he said. Prof. B.S. Sahay, Director, IIM Jammu, called the achievement a collective triumph. "This is not just a feather in our cap-it represents our purpose and promise to redefine management education in India and beyond," he said. Academic leaders echoed the sentiment. Prof. Jabir Ali, Dean (Faculty and Research), said the accreditations validated the Institute's industry-aligned, research-driven approach. Prof. Nitin Upadhyay, Dean (Academics), emphasized how EFMD's endorsement elevates IIM Jammu as a hub for global collaboration and innovation. As IIM Jammu nears its ten-year milestone, these twin accreditations mark not an endpoint but a powerful beginning. With renewed purpose and international validation, the Institute strides confidently toward shaping ethical, impactful leaders of tomorrow-anchored in Indian ethos, yet fully aligned with global aspirations.
New Delhi, June 7 (SocialNews.XYZ) Union Minister of Earth Sciences (Independent Charge) Jitendra Singh on Saturday left for France to lead a high-level Indian delegation at the International Meet on Oceans. The event will be held at the French city of Nice, as part of the United Nations Ocean Conference (UNOC3) from June 8 to 13. "Looking forward to representing India at the French picturesque coastal city of Nice, in the United Nations Ocean Conference," Singh shared in a post on X. At the general debate at UNOC3, Singh will articulate India's stance on ocean policy, highlighting the coun ...Read More >
Mumbai: With state govt conducting one more common entrance test (CET) for BBA, BMS, and BCA, admissions to these AICTE-run courses are likely to impact the academic calendar in degree colleges. The delayed process will leave vacant seats in other courses in several colleges, as students from traditional courses such as BCom, BA, or BSc may want to shift to these professional courses if they secure seats.After higher education minister Chandrakant Patil announced the conduct of a second phase of CET for BMS, BBA, and BCA last week, the state's CET cell issued a circular notifying students. How ...Read More >
New Delhi [India], June 26 (ANI): In a milestone for cancer care in India, President Droupadi Murmu, formally inaugurated the Sri Ganga Ram Hospital (SGRH) Cancer Care Centre and interacted with cancer patients on Thursday. According to an official release, the Sri Ganga Ram Hospital is a cutting-edge facility dedicated to providing comprehensive care to cancer patients. The President ceremonially visited the premises, acknowledging the hospital's pivotal role in delivering ethical and affordable healthcare, marking a presence of pride and recognition for the institution's seven-decade-long ...Read More >
Visakhapatnam: GITAM Deemed to be University earned significant global recognition in the recently announced Times Higher Education (THE) Impact Rankings 2025. The prestigious rankings evaluate universities across the globe on their contributions to the United Nations' Sustainable Development Goals (SDGs), utilising 220 indicators and 105 comprehensive metrics to assess impact. In a major milestone, GITAM has been ranked across all 17 SDGs, a distinction achieved by only a select group of higher education institutions worldwide. This accomplishment places the institution among an elite cadr ...Read More >
Brookfield India Real Estate Trust's Rs 2,800- crore QIP has drawn interest from institutional investors such as India's biggest insurer Life Insurance Corporation of India (LIC), World Bank arm IFC and mutual funds such as ICICI Prudential MF and SBI MF, sources told Moneycontrol. The Canadian investment firm Brookfield-backed firm's QIP, with a base issue size of Rs 2,800 crore, saw a 2x demand from investors, the sources said. "This is the first time LIC and IFC have invested in a REIT in In ...Read More >
Kandla (Gujarat) [India], June 5 (ANI): On the occasion of World Environment Day, the Deendayal Port Authority (DPA) Kandla reaffirmed its unwavering commitment to sustainability and joined the global movement to 'Beat Plastic Pollution.' DPA highlighted its ongoing efforts toward building a cleaner, greener maritime ecosystem. These include conserving green cover, embracing renewable energy, and implementing comprehensive green port initiatives--all aligning with the port's long-term vision of environmental stewardship. To mark the day, a tree plantation drive was organised, witnessing enth ...Read More >
India has pledged USD 20 billion towards infrastructure development, prioritizing multimodal logistics, port connectivity, and trade facilitation, according to Union Minister Sarbananda Sonowal. He emphasized India's growing maritime capabilities and called for greater partnerships in seafarer recruitment. Strategic corridors like IMEEC, EMC, and INSTC are strengthening maritime connectivity and supply chains.India has committed USD 20 billion for infrastructure development, with a focus on enhan ...Read More >
New Delhi, June 7 (SocialNews.XYZ) Sustainability is at the heart of our maritime policy, and we are committed to achieving net zero emissions at major ports by 2047, said Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal on Saturday. During an interaction with students of the Blue MBA Executive Programme at Copenhagen Business School (CBS), Sonowal outlined India's strategy to transform its maritime infrastructure through flagship initiatives like the Sagarmala Programme and Maritime Amrit Kaal Vision 2047. "These efforts aim to build modern, multimodal logistics systems w ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...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: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...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 >
CHENNAI: The Indian Institute of Technology Madras' international campus at Zanzibar has announced the launch of a new four-year Bachelor of Science (BS) program in Chemical Process Engineering for the academic year 2025-26. Open to students of all nationalities, including Indian nationals, this full-time undergraduate program promises a globally relevant curriculum and robust industry alignment, a statement from the institute read. "The course is designed to provide a strong foundation in core chemical engineering principles, complemented by practical lab sessions, interdisciplinary electiv ...Read More >
New Delhi, June 28: Prime Minister Narendra Modi will be the Chief Guest at the inaugural ceremony of the year-long commemoration marking the 100th birth anniversary of Acharya Shri Vidyanand Ji Maharaj. The event, organised by the Ministry of Culture in collaboration with the Bhagwan Mahaveer Ahimsa Bharti Trust, will be held on Saturday at Vigyan Bhawan, New Delhi, beginning at 9 A.M. The Prime Minister is scheduled to formally inaugurate the centenary celebrations at around 11 A.M. and he will also address the gathering on the occasion. PM Narendra Modi To Begin 5-Nation Tour on July 2 To S ...Read More >
Mumbai: Recycling of packaging material into something useful and lasting for the community is an initiative that represents the kind of sustainable thinking Mumbai needs, said Jeetendra V Pardeshi, Superintendent of Gardens, BMC. "Such partnerships can bring sustainability into public spaces, and the public can actively participate in this transformation," Pardeshi said on Thursday, about a set of garden benches, made entirely from recycled Tetra Pak cartons, that were donated to Patwardhan Park in Bandra. The inauguration of the benches marked the start of a campaign to collect used bevera ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >
KATHUA: Lieutenant Governor Shri Manoj Sinha inaugurated the Kathua Waterfront and dedicated the landmark urban rejuvenation project to the people of Kathua. In his address, the Lieutenant Governor congratulated the District Administration Kathua for providing a unique public space that will foster community interaction and cultural activities in the beautiful and historical city of Kathua. He said, the 1200-meter stretch along Kathua Canal in the heart of the city will shape urban landscape, economy, and social fabric and enhance the city's identity and livability. "Kathua Waterfront blend ...Read More >
Kathua (Jammu and Kashmir) [India], June 8 (ANI): Jammu and Kashmir Lieutenant Governor Manoj Sinha inaugurated the Kathua Waterfront, a transformative urban rejuvenation project, on Sunday, dedicating it to the people of Kathua as a space for recreation, wellness, and community engagement. The 1,200-metre stretch along the Kathua Canal is designed to reshape the city's landscape, economy, and social fabric while promoting sustainability and women's empowerment. LG Sinha emphasised that the project aligns with Prime Minister Narendra Modi's vision for urban transformation, calling it a 'foun ...Read More >
New Delhi [India], June 8 (ANI): Union Minister of Earth Sciences Dr Jitendra Singh, addressing the Monaco Marine Conference on Sunday, reiterated India's commitment to a resilient Blue Economy and pointed out that Prime Minister Narendra Modi had spoken about it twice in his two consecutive Independence Day addresses. In a symbolic show of global cooperation for ocean sustainability commemorating the 'World Ocean Day' today, Union Minister Dr Jitendra Singh and Norway's Minister of International Development, Asmund Grover Aukrust, jointly hosted a high-level event on Marine Spatial Planning ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
VIJAYAWADA: The State government on Friday accorded approvals to a slew of industries. Among those are Krishnapatnam Power Corporation Limited (KPCL), which is set to establish a 350 MW Solar and Battery Energy Storage System (BESS) in Thamminapatnam and Mommidi villages of SPSR Nellore district with a Rs 1,225 crore investment, creating 575 jobs. Furthermore, the government also waived off a Rs 54 crore extension of time fee, contingent on project completion within two years as per the Andhra Pradesh Integrated Clean Energy Policy-2024. The government also allocated 22.80 acres at MPSEZ in N ...Read More >
New Delhi, June 28 (SocialNews.XYZ) Prime Minister Narendra Modi on Saturday participated in the inaugural ceremony of the year-long centenary celebrations marking the 100th birth anniversary of Acharya Vidyanand Ji Maharaj, a revered Jain spiritual leader, philosopher and social reformer. The event, held at Vigyan Bhawan in New Delhi, was organised by the Ministry of Culture in collaboration with the Bhagwan Mahaveer Ahimsa Bharti Trust. The tribute programme aims to commemorate the enduring legacy of Acharya Vidyanand Ji Maharaj, known for his profound contributions to the promotion of Jai ...Read More >
The Smart India Hackathon (SIH) 2024, one of India's largest platforms for fostering innovation and entrepreneurship, is set to culminate in its Grand Finale at the Indian Institute of Technology (IIT) Roorkee from 11th to 15th December 2024. As part of its 7th edition, SIH 2024 continues to exemplify the vision of Hon'ble Prime Minister Shri Narendra Modi Ji to make India self-reliant and globally competitive through youth empowerment and innovation. He will interact with young innovators at the Grand Finale of Smart India Hackathon 2024 on 11th December 2024, at around 4:30 PM, via video con ...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 >
Mumbai: With state govt conducting one more common entrance test (CET) for BBA, BMS, and BCA, admissions to these AICTE-run courses are likely to impact the academic calendar in degree colleges. The delayed process will leave vacant seats in other courses in several colleges, as students from traditional courses such as BCom, BA, or BSc may want to shift to these professional courses if they secure seats.After higher education minister Chandrakant Patil announced the conduct of a second phase of CET for BMS, BBA, and BCA last week, the state's CET cell issued a circular notifying students. How ...Read More >
Candidates will be able to check their results on the official website. IIM CAT 2024: The Indian Institute of Management (IIM), Calcutta, is soon expected to release the results for the Common Admission Test (CAT) 2024. Candidates who appeared for the exam will be able to check their results on the official website, iimcat.ac.in, once it is announced. They will be required to enter their registration number and password. IIM CAT 2024: Steps To Check Results Step 1: Go to the CAT official websi ...Read More >
Oslo [Norway], June 5 (ANI): The Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal, attended the MoU signing ceremonies in Oslo, as Indian maritime companies inked them with leading global players, exploring opportunities for collaboration and future business. A Memorandum of Intent (MOI) was signed by Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG, Germany and Garden Reach Shipbuilders & Engineers Ltd (GRSE) for the construction of an additional 4 numbers of 7,500 DWT multi-purpose vessels. These vessels will have hybrid propulsion and will adhere to the latest ...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], June 6 (ANI): Kashmir valley got connected with the rest of India with the inauguration of the much-awaited and world's highest railway arch bridge over the river Chenab by Prime Minister Narendra Modi, during his day-long visit to Jammu and Kashmir on Friday. The architectural marvel Chenab Rail Bridge, situated 359 metres above the river, is the world's highest railway arch bridge. It is a 1,315-metre-long steel arch bridge engineered to withstand seismic and wind conditions. Also Read | Bengaluru Stampede Case: RCB Marketing Head, DNA Event Management Firm Staffers Sent ...Read More >
New Delhi [India], June 6 : Kashmir valley got connected with the rest of India with the inauguration of ... New Delhi [India], June 6 : Kashmir valley got connected with the rest of India with the inauguration of the much-awaited and world's highest railway arch bridge over the river Chenab by Prime Minister Narendra Modi, during his day-long visit to Jammu and Kashmir on Friday. The architectural marvel Chenab Rail Bridge, situated 359 metres above the river, is the world's highest railway arch bridge. It is a 1,315-metre-long steel arch bridge engineered to withstand seismic and wind cond ...Read More >