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.
NEW DELHI: (Bernama) India and Pakistan on Tuesday (July 1) exchanged the lists of civilian prisoners and fishermen in each other's custody. Pakistan handed over a list of 246 Indian or believed-to-be-Indian prisoners, including 193 fishermen, to an Indian diplomatic representative in Islamabad and India gave a list of 463 Pakistani or believed-to-be-Pakistani prisoners, including 81 fishermen, to a Pakistani diplomat in New Delhi. The two countries exchange such lists on the first day of January and July as per a 2008 bilateral agreement on consular access to prisoners. India has called for an early release and repatriation of civilian prisoners, fishermen along with their boats, and missing Indian defence personnel from Pakistan's custody, according to an Indian Ministry of External Affairs. Pakistan has similarly sought an immediate release and repatriation of all Pakistani prisoners and fishermen who have completed their sentence and whose national status is confirmed, its Foreign Ministry said. - Bernama
NEW DELHI: Prime Minister Narendra Modi will travel to Trinidad and Tobago on a two-day visit from July 3 as part of his multi-country eight-day-long tour that begins this Wednesday and will include visits to Ghana, Argentina, Brazil, and Namibia. Addressing a special media briefing in the national capital on Monday, Secretary (South) in the Ministry of External Affairs Neena Malhotra, said that the entire indian community in the Carribbean country was "very enthusiastic" about PM Modi's upcoming visit. "PM Modi will be undertaking an official visit to Trinidad and Tobago from July 3-4 at th ...Read More >
CHENNAI: The recently concluded Shanghai Cooperation Organisation (SCO) summit in China has brought to the fore the contradictions and dilemmas of India's foreign policy. They relate to the growing affinity between China and Pakistan, which could upset the delicate balance of power in South Asia and India's balancing act with regard to the conflict between Israel and Iran. Whatever the political rhetoric of new regimes, continuity in foreign policy is almost unchangeable, while there will be room for making some changes or shifts. India, under successive NDA governments, has been making some ...Read More >
New Delhi [India], June 30 (ANI): Prime Minister Narendra Modi is set to embark on a multi-nation visit to Ghana, Trinidad and Tobago, Argentina, Brazil, and Namibia in the first week of July, with a primary focus on attending the 17th BRICS Summit in Rio de Janeiro and holding bilateral meetings with key global leaders, officials said on Monday. Addressing a special briefing by the Ministry of External Affairs (MEA) on the Prime Minister's visit to Ghana, Trinidad & Tobago, Argentina, Brazil, and Namibia, Secretary (Economic Relations) Dammu Ravi said, "The 17th BRICS Summit is taking place ...Read More >
New Delhi [India], July 14 (ANI): The Union Minister for Health and Family Welfare and Chemicals and Fertilizers, JP Nadda, visited Dammam and Riyadh from July 11-13. His visit to the Kingdom of Saudi Arabia was focused on enhancing bilateral cooperation with India in the field of Chemicals and fertilisers. He led a high-level delegation that included the Secretary and other senior officials from the Department of Fertilisers and Ministry of External Affairs. JP Nadda held discussions on Sunday with the Saudi Minister of Industry and Mineral Resources, His Excellency Bandar bin Ibrahim Al Kh ...Read More >
He played a key role in organising events such as PM Modi's 2014 Madison Square Garden address. Ambassador Taranjit Singh Sandhu has been appointed Advisor to the Board of the US-India Strategic Partnership Forum (USISPF) and Chairman of its newly established Geopolitical Institute. The veteran Indian diplomat and former envoy to the United States has a diplomatic career spanning nearly 40 years. "I am delighted to join the US India Strategic Partnership Forum as Chairman of its Geopolitical In ...Read More >
New Delhi, Aug 19 (SocialNews.XYZ) In a significant diplomatic engagement, External Affairs Minister S. Jaishankar and Chinese Foreign Minister Wang Yi held wide-ranging bilateral talks in New Delhi on Tuesday. According to the Ministry of External Affairs (MEA), the discussions were "positive, constructive, and forward-looking," covering bilateral, regional, and global issues of mutual concern. The MEA has issued a list of outcomes of the meeting. In this document released after the meeting, the MEA said, "Both sides underscored that the strategic guidance of the leaders of India and China p ...Read More >
NEW DELHI (AP) -- Indian Prime Minister Narendra Modi met China's top diplomat on Tuesday and hailed the "steady progress" made in improving the bilateral relationship after a yearslong standoff between the nuclear-armed Asian powers. Modi also noted "respect for each other's interests and sensitiveness" in a statement on social media after meeting Chinese Foreign Minister Wang Yi. China's foreign ministry said the countries have entered a "steady development track" and the countries should "trust and support" each other. Wang arrived in India on Monday and has met with Foreign Affairs Minis ...Read More >
New Delhi, Jul 17 (PTI) India on Thursday indicated that any revival of the Russia-India-China (RIC) mechanism hinges on mutual convenience of the three countries. New Delhi's comments came hours after the Chinese foreign ministry said Beijing supports Russia's initiative to revive the RIC mechanism as it not only serves the interest of the three countries but also helps uphold the security and stability of the region. Also Read | Patna Voter List Controversy: Election Commission, District Administration Reject Claims in Viral Clip Shared by YouTuber Ajit Anjum, Calls It 'False and Misleadin ...Read More >
New Delhi: Prime Minister Narendra Modi is set to embark on a multi-nation visit to Ghana, Trinidad and Tobago, Argentina, Brazil, and Namibia in the first week of July, with a primary focus on attending the 17th BRICS Summit in Rio de Janeiro and holding bilateral meetings with key global leaders, officials said on Monday. Addressing a special briefing by the Ministry of External Affairs (MEA) on the Prime Minister's visit to Ghana, Trinidad & Tobago, Argentina, Brazil, and Namibia, Secretary (Economic Relations) Dammu Ravi said, "The 17th BRICS Summit is taking place on July 5 and July 6 in ...Read More >
Brasilia: India's Ambassador to Brazil, Dinesh Bhatia, presented credentials to Brazil's President Luiz Inacio Lula da Silva and discussed deepening of bilateral strategic partnership and Prime Minister Narendra Modi's upcoming visit to Brazil. PM Modi is travelling to Brazil at the invitation of Luiz Inacio Lula da Silva. This will be the Prime Minister's fourth visit to Brazil. The 17th BRICS Leaders' Summit will be held in Rio de Janeiro from July 6 to 7. In a post on X, the Indian Embassy in Brazil stated, "Amb @dineshbhatia presented credentials to President @LulaOficial and discussed d ...Read More >
New Delhi: External Affairs Minister (EAM) S. Jaishankar will be on a three day visit to China starting July 13, sources in the Ministry of External Affairs (MEA) revealed on Friday. They stated that EAM Jaishankar will begin his China visit from Beijing and then visit Tianjin for the Foreign Minister's Meeting of the Shanghai Cooperation Organisation (SCO) member countries. China is the current Chair of the grouping. While the External Affairs Minister has met his Chinese counterpart on the sidelines of multilateral events, this would be his first trip to China since bilateral relations wer ...Read More >
Beijing/New Delhi: India and China should build on 'good progress' in normalising the bilateral ties to address border-related issues, including de-escalation, and it is essential to avoid 'restrictive trade measures and roadblocks', External Affairs Minister S Jaishankar said Monday during talks with his Chinese counterpart Wang Yi. In his opening remarks at the meeting, Jaishankar said the bilateral relations can develop in a "positive trajectory" on the foundation that differences should not become disputes and nor should competition become a conflict, adding that the ties can be built onl ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
MEA spokesperson Randhir Jaiswal suggested that the ongoing trade hurdles with US will not impact New Delhi's security partnership with Washington. The ministry of external affairs on Friday said that India-US ties have withstood many challenges over the years and expressed confidence that the bilateral relationship remains on a positive trajectory, just two days after Donald Trump announced 25% tariffs on Indian goods. In a weekly media briefing, MEA spokesperson Randhir Jaiswal suggested that ...Read More >
India's U.S. Crude Oil Imports Surge 51 Per Cent Following Trump's Return To Office: Sources Sunday, August 03, 2025 by Indian Defence News Since President Donald Trump resumed office for his second term, India has significantly increased its crude oil imports from the United States, marking a substantial shift in its energy procurement strategy. From January to June 2025, India's imports of US crude oil averaged 0.271 million barrels per day (mb/d), a 51% increase compared to 0.18 mb/d in the same period in 2024. This growth was even more pronounced in the April-June 2025 quarter, which sa ...Read More >
New Delhi [India], August 4 (ANI): President Ferdinand Romualdez Marcos Jr of the Philippines will soon be arriving in India on a state visit, the Ministry of External Affairs (MEA) said on Monday. Sharing the update on X, MEA spokesperson Randhir Jaiswal said, President Mr. Ferdinand Romualdez Marcos Jr., of Philippines @bongbongmarcos, will soon be arriving in on a State Visit. Watch highlights of the special & multifaceted India-Philippines relationship. President Mr. Ferdinand Romualdez Marcos Jr., of Philippines 🎥 Watch highlights of the special & multifaceted India-Philippines relatio ...Read More >
New Delhi, Jun 30: India and Bhutan held the latest round of Development Cooperation Talks in New Delhi on June 30, 2025, reaffirming their enduring partnership based on trust, mutual understanding, and deep people-to-people ties. The Indian delegation was led by Secretary (West) in the Ministry of External Affairs, Tanmaya Lal, while Foreign Secretary Aum Pema Choden headed the Bhutanese side. The meeting served as a key bilateral mechanism to review the full spectrum of India's development assistance to Bhutan, aligned with the priorities of Bhutan's 13th Five Year Plan (2024-2029). The Gov ...Read More >
New Delhi, Jul 2 (PTI) Shashi Tharoor was a part of a government delegation that was sent abroad, and being a member, one has to defend the government, said Congress leader Prithviraj Chavan amid a row over the MP's recent remarks that have irked the party leadership. He, however, sounded cautious about "what happens to Mr Shashi Tharoor in future", saying, "I don't know and would not like to comment on that." Both Chavan and Tharoor were part of the now-defunct 'group of 23' that had written to then Congress president Sonia Gandhi in 2020 for the overhaul of the party organisation. Followin ...Read More >
Brasilia/New Delhi, July 8 (UNI) Prime Minister Narendra Modi received a warm welcome from Brazilian President Inacio Lula da Silva at the Alvorada Palace in Brasilia, and was accorded a guard of honour and ceremonial welcome, ahead of their bilateral talks. PM Modi said after the ceremonial welcome that his state visit to Brazil, the first by an Indian Prime Minister in nearly six decades, will add momentum to the bilateral ties. "This state visit to Brazil will add momentum to our bilateral relations." The Brazilian President said in a post on X that the two sides are set to ink important ...Read More >
New Delhi, Jul 15: External Affairs Minister Dr. S. Jaishankar met Chinese President Xi Jinping in Beijing on the sidelines of the Shanghai Cooperation Organisation (SCO) Foreign Ministers' Meeting, marking a significant diplomatic engagement amid efforts to stabilise India-China ties. In a post on social media platform X, Dr. Jaishankar said he "called on President Xi Jinping this morning in Beijing along with my fellow SCO Foreign Ministers." He conveyed greetings from President Droupadi Murmu and Prime Minister Narendra Modi and "apprised President Xi of the recent development of our bilat ...Read More >
The US has designated The Resistance Front (TRF), a proxy of Lashkar-e-Taiba, as a foreign terrorist organization after it claimed responsibility for the deadly Pahalgam attack in 2025. This move, hailed by India, strengthens counter-terrorism cooperation between the two nations. India can now push for Pakistan's relisting on the FATF grey list. The US has designated The Resistance Front (TRF), a proxy of Pakistan-based terrorist group Lashkar-e-Taiba which had initially claimed responsibility f ...Read More >
NEW DELHI: India and Singapore on Wednesday reviewed bilateral cooperation in key areas such as connectivity, digitalisation, healthcare and skilling and identified new initiatives for collaboration. These matters were discussed at the third meeting of the India-Singapore Ministerial Roundtable (ISMR), a special mechanism created in 2022 to advance cooperation in crucial sectors such as technology, investments and advanced manufacturing. The two sides reviewed the progress on cooperation under ...Read More >
New Delhi [India], December 18 (ANI): Chinese Ambassador to India, Xu Feihong on Wednesday said that China is ready to work with India and put into action the understandings between Indian and Chinese leaders. The comments come ahead of the 23rd meeting of the Special Representatives between National Security Advisor Ajit Doval and China Foreign Minister Wang Yi in Beijing. In a post on X, Ambassador Xu Feihong, "China is ready to work with India to implement the important common understandings between the leaders of China and India, respect each other's core interests and major concerns, str ...Read More >
New Delhi: External Affairs Minister S Jaishankar's visit to China has raised speculation about a possible thaw in relations post-Galwan. Visiting China after five years for the SCO Council of Foreign Minsters' Meeting, Jaishankar apprised Chinese President Xi Jinping on Tuesday of the recent developments in bilateral ties. He also met his Chinese counterpart, Wang Yi. He stated on X that ties could move towards a "positive trajectory," and India remained committed to "ensuring good outcomes and decisions." About The Developments The developments come after foreign secretary Vikram Misri met ...Read More >
Meet Woman, Once Served Food, Struggled To Pay Rent, Later Became CEO Of US Tech Giant Valued At Rs 2,14,66,95,60,000 -- Find Out Her Net Worth Prime Minister Narendra Modi will undertake a two-day official visit to the United Kingdom from July 23 to 24 at the invitation of UK Prime Minister Keir Starmer, marking Modi's fourth visit to the country, the Ministry of External Affairs (MEA) said in a statement on Sunday. Notably, Prime Minister Modi's visit to the UK comes amid speculation that the ...Read More >
Kerala Lottery Result SAMRUDHI SM 12 Results Live: The first winner of today's lottery game- SAMRUDHI SM 12 lottery- takes home Rs 1 crore as a cash prize. The Kerala lottery is one of the most trusted games in the country. Kerala Lottery Result Sunday 20-07-2025: The Kerala lottery is back with another fun game- that may lead you to win Rs 1 crore! The results for today's Kerala lottery games- SAMRUDHI SM 12 Sunday- are announced. The Kerala lottery results are announced here, so people with tickets for today's game can stay in touch with this live blog. Samrudhi Lottery Series: MN, MO, MP, ...Read More >
Shimla, Jul 17 (PTI) Himachal Pradesh High Court has directed the state government to remove encroachments on forest lands, including the fruit-bearing trees, all across the state and not limit it to some areas. The order was passed by a division bench consisting of Justices Vivek Thakur and Bipin C Negi on Wednesday after the Advocate General placed on record fresh instructions issued by Principal Chief Conservator of Forests, informing that 2,456 apple and other fruit trees have been felled from forest lands in Chaithla village, and 713 and 490 trees in Rohru and Kotgarh forest divisions, r ...Read More >
New Delhi, July 2: Prime Minister Narendra Modi is set to embark on a significant five-nation tour beginning on Wednesday, marking a major diplomatic engagement aimed at strengthening India's global partnerships across Africa, Latin America, and the Caribbean. This eight-day tour will take the Prime Minister to Ghana, Trinidad and Tobago, Argentina, Brazil, and Namibia, with his first stop in Ghana, a country that no Indian Prime Minister has visited in the past three decades. PM Modi's visit to Ghana from July 2 to 3 marks his first-ever trip to the West African nation. Furthermore, this vis ...Read More >
Kolkata: Luxmi Group, owner of the iconic Makaibari Tea Estate, has acquired a majority stake in UK-based Brew Tea Co. Brew Tea deals exclusively with orthodox tea and has both an online and offline presence in the UK.Luxmi Group acquired an 80% stake in the company, while the remaining 20% remains with the existing promoters. After Tetley and Typhoo, this acquisition marks another British tea company being acquired by an Indian corporate, though it may not be of the same magnitude.Brew Tea Co was founded in Manchester by Phil and Aideen Kirby and has grown into a specialty tea brand, having a ...Read More >
New Delhi [India], July 18 (ANI): Amid speculation over a potential trilateral engagement, sources have clarified that no meeting under the Russia-India-China (RIC) format has been agreed upon at this stage. Furthermore, there are currently no discussions underway regarding the scheduling of such a dialogue, sources said. Earlier, during a weekly media press briefing on Thursday, Official Spokesperson in the Ministry of External Affairs, Randhir Jaiswal said that the RIC mechanism is for the countries to come together and discuss global and regional issues of interest. This consultative for ...Read More >