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.
Srinagar, Jul 1: The Kashmir CPE Chapter of the Institute of Chartered Accountants of India (ICAI) celebrated the 77th Chartered Accountants Day with great enthusiasm at the ICAI Srinagar Representative office. The event commenced with a flag hoisting ceremony, followed by a plantation drive symbolizing growth and sustainability. A special highlight of the program was a celebration meet of members, during which CA Bashir Ahmad Lone addressed the audience. In his address, he spoke about the evolving role of Chartered Accountants and the importance of upholding professional ethics and contributing meaningfully to society. Many other members also shared their thoughts and experiences about the profession, reflecting on its challenges and opportunities. CA Khateeb Yousuf, Convenor of the Kashmir CPE Chapter delivered a welcome address at the occasion. The event concluded with a vote of thanks presented by CA Mujtaba Joo, Deputy Convenor of the Kashmir CPE Chapter. The smooth execution of the event was done by Mueed Latif, officer in-charge of the Srinagar Representative office.
Kabra, who spelt out the financial position of the department and the progress of projects being executed under the UT capex budget and centrally-sponsored schemes, said that as per the status of Har Ghar Jal certification of villages, 1,379 villages had been reported under the programme by February 21, 2026. "Of this target, 874 villages have been certified so far," he said. Kabra also stressed the need to minimise the gap between completed and operational schemes by ensuring the timely commiss ...Read More >
SRINAGAR: In a significant push to elevate visitor experience, Jammu and Kashmir would adopt a Rajasthan-style behavioural training model for tourism stakeholders to improve the conduct and professionalism of tourism stakeholders across the Union Territory to give better experience to the tourists. "The visitor experience, behaviour of service providers and hospitality standards are essential for the growth and sustainability of a successful tourism economy. Harassment, overcharging or unprofessional conduct can adversely affect the image of the tourist destination," Chief Minister Omar Abdul ...Read More >
New Delhi: The Aircraft Accident Investigation Bureau (AAIB) is probing from all angles, including sabotage, in the Air India plane crash in Ahmedabad that killed 274 people on board and on the ground last month, Minister of State (MoS) For Civil Aviation Murlidhar Mohol said. Mohol said the black box of the Air India flight AI 171 that has been recovered is in AAIB's custody and will not be outside the country for a thorough assessment. The MoS was speaking at the Pune chapter of the Emerging Business Conclave. "It (plane crash) was an unfortunate incident. The AAIB has begun a full investig ...Read More >
Jaipur: Considered one of the toughest professions, the Aakad family of Rajasthan's Jaipur espoused it not just as a profession but as a legacy. The family has 15 members who are CAs with expertise in the financial sector. This Chartered Accountants' Day, which is celebrated by the Institute of Chartered Accountants of India (ICAI) on July 1, ETV Bharat narrates the story of a CA family. Started with Raghav Krishna Aakad, the journey is being carried forward by his successors, in a rare instance of confluence of professional dedication and family devotion. Some family member handles GST while ...Read More >
The Institute of Chartered Accountants of India (ICAI) is in talks with the ministry of electronics and IT to share financial data of listed companies. This data will support the creation of India's own AI models. The project aims to boost locally developed large language models with reliable financial information.Chartered accountants' apex body ICAI is in discussions with the ministry of electronics and information technology (MeitY) to provide financial and economic data of listed companies fo ...Read More >
Srinagar, Oct 16: In a significant milestone for India's indigenous sports manufacturing sector, GR8 Sports India Pvt Ltd, the ICC-approved cricket bat manufacturer from Kashmir, made a distinguished presence at the prestigious Marylebone Cricket Club (MCC) Cricket Bat Conference held at Lord's Cricket Ground in London. The conference brought together leading administrators, manufacturers, importers, innovators and researchers from across the cricketing world to discuss the depletion of traditional willow resources and explore sustainable, affordable alternatives in cricket bat manufacturing. ...Read More >
New Delhi, Jun 27 (PTI) Chartered accountants' apex body ICAI is bullish on the growing global capability centres in the country and expects their number to cross 5,000 in the next two years. Global Capability Centres (GCCs) will benefit the chartered accountants as they offer various services, ICAI President Charanjot Singh Nanda said on Friday. "India is an attractive destination for GCCs," he said and added that currently, there are around 80,000 chartered accountants employed at the GCCs. There are more than 1,700 GCCs in the country. At a briefing, Nanda said the number of GCCs is exp ...Read More >
New Delhi [India], July 5: A story that goes back to the very fertile heartland of Traori, Karnal in Haryana, the place where you find paddy fields that extend as far as your eyes can see. True to originality, high quality, and the fine flavour of tradition, Double Chabi, Founded by Late. Shri Kashmiri Lal, now led by his son Brij Bhushan Goel with a vision of Global expansion, Double Chabi is a brand that signifies quality to the people. Once a modest venture in the heartland of the rice bowl in India, today, this venture has turned into an internationally established rice brand, serving mill ...Read More >
JAMMU, Mar 30: Nine Members introduced Private Member bills in the Legislative Assembly (LA) today, of which six bills were withdrawn by Legislators after assurances from the Government and two were rejected by voice voting. Legislator, Qaysar Jamshaid Lone introduced a bill in House which read, "A Bill to amend the Cooperative Societies Act, 1989 (LA Private Members Bill No. 1 of 2025)". Similarly, Legislator Mir Saifullah introduced a bill in House which reads, "A Bill to make it obligatory on the part of Private Educational institutions to provide reservation to Children of Below poverty ...Read More >
Mumbai, March 31: Mohamad Safa, a prominent Lebanese diplomat and long-standing representative to the United Nations, has sparked international controversy following his sudden resignation on March 27, 2026. Safa, who served as the Main Representative of the Patriotic Vision Association (PVA) to the UN Economic and Social Council (ECOSOC), announced he was suspending his duties after nearly 12 years. His departure is tied to a viral allegation that senior UN officials are overseeing preparations for the "possible use of nuclear weapons" in Iran. The diplomat's claims, shared via a post on X t ...Read More >
VMPL New Delhi [India], December 18: Five months after the launch of the "Go Green with Taiwan" project by Taiwan International Trade Administration (TITA) and Taiwan External Trade Development Council (TAITRA), and after receiving a total of 396 proposals from 45 countries around the world, the most exciting part is finally here. On December 9, 2024, the Top 5 finalists went on an all-expense paid trip to Taiwan where they presented their entries and convinced a distinguished panel of experts and judges from Taiwan that their entries can and will help change the way we live and establish a ...Read More >
Hyderabad: National Chartered Accountants Day, or CA Day, is a yearly celebration on July 1 to honour the founding of the Institute of Chartered Accountants of India (ICAI) in 1949. This day is very important for the accounting and finance community in India because it recognises the vital role chartered accountants have in the country's economy and finance. This year marks the 76th anniversary of The Institute of Chartered Accountants of India (ICAI), which is the main authority for accounting and financial auditing in India. It is one of the oldest and most respected financial organisations ...Read More >
New Delhi [India], November 20: With robust connectivity, evolving infrastructure, and a growing focus on sustainable urban design, Sector 90 Gurugram real estate is fast emerging as one of Gurugram's most strategically positioned residential micro-markets. Also Read | Mahit Sandhu Wins Silver in 50M Rifle Prone, Her Third Medal at Summer Deaflympics 2025 . Gurugram's real estate growth story continues to expand beyond traditional business hubs, as emerging sectors on the Dwarka Expressway and Pataudi Road corridor witness renewed investor and developer attention. Among these, Sector 90 Guru ...Read More >
Kolkata : The much-anticipated CA Students' National Conference 2025, jointly hosted by the Eastern India Chartered Accountants Students' Association (EICASA) and the Eastern India Regional Council (EIRC) of ICAI, commenced today at the Biswa Bangla Convention Centre, New Town, Kolkata, amidst great enthusiasm and inspiration. The inaugural ceremony was graced by Dr. Sukanta Majumdar, Hon'ble Minister of State for Education, Government of India; Mr. Harsh Vardhan Agarwal, Vice Chairman & MD, Emami Ltd. as Guest of Honour, CA Vishnu K. Tulsyan, Chairman, EIRC and CA Mayur Agrawal, Chairman, EI ...Read More >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >
JAMMU, July 1: Jammu and Kashmir Branch of the Northern India Regional Council (NIRC), Institute of Chartered Accounts of India (ICAI), celebrated the 77th Chartered Accountants Day at ICAI Bhawan, Jammu, with a vibrant and service-oriented lineup of activities. The Day was marked by deep professional pride, community outreach and a renewed commitment to the values that define the Chartered Accountancy profession. The celebrations began with the flag hoisting ceremony, followed by a plantation drive, where members and students actively participated in planting saplings around the ICAI premis ...Read More >
Lucknow, Jul 17 (PTI) To curb illegal mining and transportation, the Uttar Pradesh government is deploying advanced technologies under the Integrated Mining Surveillance System (IMSS), a release said on Thursday. Mining activities are already being monitored through drones, geo-fencing, RFID tags, and AI-powered check gates. Now, the state is set to introduce 'Weigh-In-Motion' (WIM) technology to accurately track vehicle overloading. Also Read | 'Arvind Kejriwal Used Government Funds to Buy Mobiles Costing Up to INR 1.63 Lakh', Claims Delhi Minister Ashish Sood. According to the official re ...Read More >
NEW DELHI: The Enforcement Directorate (ED) on Thursday announced the provisional attachment of assets worth approximately ₹131.45 crore in Spain, including a luxury yacht and immovable properties, under the Prevention of Money Laundering Act (PMLA). These assets belong to Pavel Prozorov, a Spanish national and the alleged mastermind behind the unauthorised forex trading platform OctaFX. The attached assets comprise a commercial Italian-model luxury yacht cruising in the Western Mediterranean, a minijet boat, a luxury car, and two residential properties in Spain. The ED's probe was launched ...Read More >
Hyderabad: Thousands of people who gathered at ashoorkhana in Dabeerpura on the 10th day of Muharram (Youm-e-Ashura) took part in the Bibi-ka-Alam procession. The procession commenced from Dabeerpura on an elephant and concluded at Chaderghat. The Shia mourners took out the procession to mark the martyrdom anniversary of Prophet Mohammad's grandson, Imam Hussain, on the 10th day of Muharram. Members of the Shia sect performed matam and participated in processions. The 10th Muharram is the day on which Imam Hussain was martyred in the battle of Karbala by Yazid and his army. The relic made of ...Read More >
India on Monday (local time) delivered a stinging rebuttal to Pakistan at the United Nations Security Council Open Debate on "Leadership for Peace", firmly rejecting Islamabad's claims over Jammu and Kashmir's "unresolved disputes" as "unwarranted", reiterating that the Union Territory along with Ladakh are an integral and inalienable part of India, and emphasising that they "were, are, and will always remain so." New York [US], December 16: India on Monday (local time) delivered a stinging rebu ...Read More >
New Delhi [India], April 3 (ANI): Russia's First Deputy Chairman Denis Manturov reaffirmed that Russian companies have the capacity to steadily increase supplies of oil and liquefied natural gas (LNG) to the Indian market amid the energy crisis due to the conflict in West Asia, underlining deepening energy cooperation between the two countries during his official visit to the country. According to a statement issued by the Russian Embassy in India on Telegram on Thursday, Manturov highlighted that Russia had boosted supplies of in-demand mineral fertilisers to India by 40 per cent by the end ...Read More >
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Bengaluru Crime: A woman's body, believed to be between 30 and 35 years old, was found stuffed inside a sack and dumped in a garbage truck in Bengaluru early Thursday. The identity of the woman is yet to be confirmed. Police said the sack was discovered by BBMP sanitation workers who immediately alerted the authorities. The body was found with her hands and neck tied, raising strong suspicion of murder. Officials stated that the body had been placed inside a gunny bag before being thrown into the garbage vehicle. Joint Commissioner of Police, C Vamsi Krishna, confirmed that the body has been ...Read More >
New Delhi [India], July 6 (ANI): The Institute of Chartered Accountants of India (ICAI) on Sunday announced the results of CA Final, Intermediate and Foundation Examinations held in May 2025, in which nearly one lakh aspirants appeared. According to an official statement released by the ICAI, for the CA final exam, Mumbai's Rajan Kabra secured the top spot with an 86% with a score of 516/600. Meanwhile, Nishtha Bothra, and Manav Rakesh Jha secured the second and third spot in the final exam. During the Final examination held in May 2025 - 99,466 candidates were admitted and exams were held a ...Read More >
New Delhi, July 8 (UNI) India abstained from voting at the UN on a Resolution on Afghanistan saying a "business as usual" approach without new and targeted initiatives is unlikely to deliver the outcomes the international community envisions for Afghan people. The UNGA resolution on the 'Situation in Afghanistan' last night was moved by Germany." The vote was 116 in favour and two against. Twelve countries including India, Russia, China and Iran abstained. India's Permanent Representative to the UN, Ambassador P Harish, said in his speech that any coherent policy to address a post-conflict s ...Read More >
Mumbai, Jul 18 (PTI) A three-storey chawl collapsed in the western suburb of Bandra here in the early hours of Friday, with at least 10 people feared trapped in the debris, civic officials said. As many as seven people have been rescued from the debris so far and admitted to the civic-run Bhabha Hospital, they said. According to preliminary information, chawl number 37 in the Bharat Nagar area of Bandra East collapsed around 5.56 am. Eight fire engines are at the spot along with teams from the Mumbai police and the Brihanmumbai Municipal Corporation's local ward machinery, an official from ...Read More >
Jhargram, Jul 18 (PTI) Three elephants, including two calves, were run over by an express train near Banstala railway station in West Bengal's Paschim Midnapore district, police said on Friday. The incident, which took place on Thursday night, occurred when an elephant herd that probably came from Jharkhand's Dalma forest was traversing, they said. The three pachyderms were mowed on the tracks by a speeding Janshatabdi Express on the Kharagpur-Tatanagar section, a police officer said. It was difficult to go near the carcasses for some time, as the herd of 30 elephants was passing through th ...Read More >
Lucknow: Three day Mango Festival 2025 kicked off at Awadh Shilp Gram in Lucknow, featuring more than 800 mango varieties from across India. The event celebrates mango diversity, horticultural innovation, and the growing role of Uttar Pradesh in India's fruit export ecosystem. Organized with participation from farmers, exporters, scientists, and food processing units, the festival offers a platform to promote mango-based trade and technology. Mangoes like Dussehri from Lucknow, Langda from Varanasi, Amrapali from Basti, Gaurjeet from Gorakhpur, and Ratol from western UP were among the most ad ...Read More >
JAMMU: The Jammu & Kashmir Branch of the Northern India Regional Council (NIRC) of the Institute of Chartered Accountants of India (ICAI) celebrated the 77th Chartered Accountants Day with zeal and enthusiasm at Royal Park, here. The evening commenced with a seminar on Financial Reporting Practices, under the aegis of Financial Reporting Review Board, ICAI. The session brought together professionals to reflect on the evolving landscape of accounting and the role of Chartered Accountants in strengthening financial transparency. CA Sourav Pargal, Chairman of the J&K Branch, delivered a welcom ...Read More >
New Delhi, July 19 (PTI) The Regional Medical Research Centre in Bhubaneswar, under the Indian Council of Medical Research (ICMR), has developed an advanced malaria vaccine that can prevent plasmodium falciparum infection in individuals and minimise community transmission. The ICMR Delhi has invited Expressions of Interest (EoI) from eligible organisations, companies and manufacturers enthusiastic about the Transfer of Technology for commercial production of "a recombinant chimeric multi-stage malaria vaccine (AdFalciVax) against plasmodium falciparum". The pre-clinical validation of this te ...Read More >