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.
Panaji: The opposition parties blamed govt for the acid attack on a teen at Dhargalim on Monday and said that anti-social elements no longer fear the law-and-order machinery.Congress, GFP and AAP called for a swift probe to ensure that the 17-year-old boy injured in the attack gets justice.Leader of the opposition Yuri Alemao called for measures to prevent such crimes."Goa -- once peaceful -- is now witnessing crimes we never imagined. From daylight murders to drug mafias roaming free, and now ac
Purba Medinipur (West Bengal) [India], June 27 (ANI): West Bengal Chief Minister Mamata Banerjee on Friday participated in the first-ever Rath Yatra of the newly inaugurated Jagannath Temple in Digha. CM Mamata Banerjee performed the sacred ritual of sweeping the chariots, in which the chariot's platform is swept gently using a broom. The CM also performed the Aarti as the first-ever Rath Yatra at the Lord Jagannath temple in Digha began. Also Read | Lohardaga Shocker: Woman Strangulated, Teen Grandson Hacked to Death in Sleep in Jharkhand, Family Feud Suspected. The Rs 250 crore temple in ...Read More >
Panaji: Union govt sanctioned Rs 300 crore for state govt towards special assistance (loan) under part IX of the Scheme for Special Assistance to States for Capital Investment, 2025-26. It said the state must ensure there is no duplication in funding of the capital projects approved under the scheme, either with the funds provided by Govt of India or state govt."In case of unavoidable changes in the specific projects for which funds are being released, state govt shall seek the approval of Govt of India for the change. Funds will not be provided in case of unapproved changes," Jitendra Kumar V ...Read More >
Dergaon (Assam), Aug 12 (PTI) A total of 700 recruits of the Goa Police completed their basic training at the Lachit Barphukan Police Academy (LBPA) in Assam's Golaghat district on Tuesday, as chief ministers of both the states called for increased cooperation between the people. After Manipur, Goa is the second state to have sent its personnel for training at this premier academy here. Assam Chief Minister Himanta Biswa Sarma and his Goa counterpart Pramod Sawant attended the passing out parade of the recruits, belonging to the 1st, 2nd and 3rd Indian Reserve Battalions. The 569 male and 1 ...Read More >
Raipur (Chhattisgarh) [India], October 20 (ANI): Chhattisgarh Chief Minister Vishnu Deo Sai on Monday extended warm Diwali greetings to the people of the state, wishing them happiness, prosperity, and divine blessings on the occasion of the festival of lights. In his festive message shared on X, Chhattisgarh CM said, "Heartfelt Diwali greetings to all the residents of the state." CM Sai invoked the blessings of deities, adding, "May the blessings of Lord Shri Ganesha, Goddess Lakshmi, and Goddess Saraswati remain upon everyone. May the lamp of happiness and prosperity be lit in everyone's li ...Read More >
New Delhi: Amid the growing menace of Input Tax Credit (ITC) fraud which has crossed over Rs 2 lakh crore in recent years, a high-level group of ministers ( GoM ) lead by Goa CM Pramod Sawant met on Friday to assess the state of GST revenue collections and ways to prevent tax leakages. In this meeting, the finance ministers of several states discussed tax evasion and coordinated efforts to curb fraudulent practices. ...Read More >
Former Union civil aviation minister Raju, who belongs to the erstwhile Vizianagaram royal family, joined hands with N T Rama Rao when he launched TDP in 1982-8 Former Union minister Pusapati Ashok Gajapati Raju, who has been appointed as the Governor of Goa Monday, is one of the senior-most leaders of N Chandrababu Naidu-led TDP, a key ally of the BJP-led NDA. Raju, 74, is a scion of the erstwhile Pusapati royal family of Vizianagaram in Andhra Pradesh. He started his political innings in 1977 ...Read More >
New Delhi, Jul 20 (PTI) GST officers have uncovered fake input tax credit (ITC) claims of ₹15,851 crore in the April-June quarter of current fiscal, a 29 per cent jump over the year-ago period, even though the number of fake firms detection was less Y-o-Y, officials said. The total number of fake firms detected by central and state GST officers during the first quarter of FY26 stood at 3,558, less than 3,840 such entities detected in the same quarter of FY25. panel of state finance ministers, chaired by Goa Chief Minister Pramod Sawant, is currently studying tax evasion in specific sectors a ...Read More >
Panaji, Apr 3 (PTI) Goa Chief Minister Pramod Sawant on Friday welcomed the passage of the Jan Vishwas Bill, 2026, in Parliament, describing it as a major reform that will boost 'ease of living' and 'ease of doing business'. In a post on a social media platform, Sawant said the legislation was a "transformative step" towards building a more trust-based and citizen-centric governance framework. Parliament on Thursday passed the Jan Vishwas (Amendment of Provisions) Bill, 2026, to amend 784 provisions in 79 central laws for decriminalising and rationalising minor offences to further improve th ...Read More >
Panaji, Apr 8 (PTI) The Bombay High Court on Wednesday quashed the Election Commission of India's notification for the byelection to Ponda assembly seat in Goa a day ahead of polling, citing violation of the Representation of the People Act as the legislature's term is set to expire in less than a year. Thursday's election was thus cancelled even though postal ballots had already been cast, as the high court also refused to stay its judgement. While the ruling BJP termed the decision as shocking, the Congress accused it of conniving with the ECI to get the election cancelled by delaying the ...Read More >
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. IMAGE: Goa Chief Minister Pramod Sawant hands over the Indian citizenship certificate to the Karachi-born Shane Sabastian Pereira. Photograph: @DrPramodPSawant/X Goa Chief Minister Pramod Sawant on Tuesday handed over the Indian citizenship certificate to the Pakistan-born Christian man under the Citizenship (Ame ...Read More >
Panaji: Goa govt has constituted a council for artificial intelligence (AI) to advise state govt on a six-month AI roadmap for the state. The council, which includes chief executive officers of several international companies, will be formed over the next six months.Goa's AI roadmap will focus on skill development, funding requirements, govt policy and infrastructure requirements, and finally, a plan to attract other AI-first startups to Goa. "We want to introduce AI at the school level. The focus is to see how AI can be used for tourism, governance, and cyber security," said chief minister Pr ...Read More >
Panaji: Goa has rolled out a clean energy roadmap 2050 towards building a clean, green, and sustainable Goa. Chief minister Pramod Sawant inaugurated the workshop for the implementation of the roadmap on Wednesday, highlighting key launches such as the Goa Renewable Energy Capacity Planning, the Net Positive Panchayat (NPP) Initiative, India's first programme aimed at making every panchayat energy self-sufficient, and an MoU with the SELCO Foundation to solarise healthcare facilities across the state."The roadmap represents a major step towards building a clean, green, and sustainable Goa. Thr ...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 >
New Delhi: A Group of Ministers (GoM) on goods and services tax (GST) revenue analysis met Friday to discuss falling collections trends in some large states and measures to curb input credit frauds and fake invoices which has resulted in revenue loss worth Rs 2 lakh crore over years. The GoM, chaired by Goa Chief Minister Pramod Sawant, will meet again to decide detailed and technology based measures to curb fraudulent practices ahead of the next GST council meeting. "Chaired a meeting of the Group of Ministers (GoM) on GST Revenue Analysis to review state-wise revenue trends and identify ac ...Read More >
New Delhi, Jul 20 (PTI) GST officers have uncovered fake input tax credit (ITC) claims of Rs 15,851 crore in the April-June quarter of current fiscal, a 29 per cent jump over the year-ago period, even though the number of fake firms detection was less Y-o-Y, officials said. The total number of fake firms detected by central and state GST officers during the first quarter of FY26 stood at 3,558, less than 3,840 such entities detected in the same quarter of FY25. panel of state finance ministers, chaired by Goa Chief Minister Pramod Sawant, is currently studying tax evasion in specific sectors ...Read More >
Panaji (Goa) [India], April 9 (ANI): Lok Sabha Speaker Om Birla met Goa Governor Pusapati Ashok Gajapathi Raju on Thursday and extended his best wishes for the first Commonwealth Parliamentary Association India Region Zone VII conference in Goa. Lok Sabha Speaker received a ceremonial welcome and a Guard of Honour at the conference. Also Read | Lucknow University UG Result 2026 Out: How To Check BA, BSc Odd Semester Results Online. Birla will inaugurate the two-day conference, which will bring together key parliamentary leaders and presiding officers from across the country. Among those who ...Read More >
Panaji: The Goa Investment Promotion Board (IPB) has approved seven projects that will see an investment of Rs 180 crore come into the state and create 1,508 jobs. The cleared projects include a gurukul, a cricket academy, and three manufacturing units.The largest investment comes from two Salcete-based projects. Ramesh Hotels and Resorts will expand its luxury hospitality facility at Majorda by adding 60 rooms. The Rs 65-crore expansion is expected to generate 300 jobs."There was a meeting last week with industry associations, and the issue of pharma companies recruiting from outside the stat ...Read More >
Panaji: Chief minister Pramod Sawant chaired a meeting of the group of ministers on analysis of revenue from GST, where it was decided to constitute a group of officers to study issues pertaining to fraud and GST evasion in greater detail. The officers will work on state-wise GST revenue analysis by taking inputs and data from all the states and union territories.Sawant was accompanied by state tax commissioner Sarpreet Singh Gill, additional commissioner for state taxes Vishant Gaunekar, and additional secretary to the CM Upendra Joshi."The aim is to ensure a robust and equitable GST framewor ...Read More >
Panaji: Goa Waste Management Corporation (GWMC) has decided to empanel agencies for door-to-door collection of waste and transportation to ensure consistency and accountability across the state for the scientific disposal of waste.GWMC said that a framework for the state-wide empanelment of agencies will be developed for door-to-door waste collection and transportation, including the collection of waste from commercial establishments and industries.Uniform guidelines and performance standards for the empanelled vendors will be prepared to ensure consistency and accountability across the state. ...Read More >
Nair's death was the fifth such incident reported at BITS Pilani's campus near Vasco town since December 2024. Earlier, students Om Priyan Singh (December 2024), Atharv Desai (March 2025), Krishna Kasera (May 2025) and Kushagra Jain (August 2025) were found dead in their respective hostel rooms. Superintendent of Police (South) Tikam Singh Verma said that the preliminary report has suggested the presence of drugs in Nair's system, and an investigation is underway in the matter. Strict vigilance ...Read More >
India Maritime Week 2025: World's largest maritime gathering begins on Monday in Mumbai, Adani Ports to sign several MoUs with multiple Port Authorities The Ministry of Ports, Shipping and Waterways (MoPSW) is gearing up to host India Maritime Week 2025 (IMW 2025) from October 27 to 31 at the NESCO Grounds in Mumbai. According to a statement by the Ministry of Ports, Shipping and Waterways, this will be the largest maritime gathering globally, bringing together key stakeholders from across the maritime ecosystem. The event will see the presence of industry leaders, policymakers, and stakehold ...Read More >
Panaji, Apr 3 (PTI) Goa Chief Minister Pramod Sawant on Friday urged people to reflect on the sacrifice of Jesus Christ and the values of love and redemption on the solemn occasion of Good Friday. In a post on X, Sawant said the teachings of Jesus Christ on compassion, forgiveness and selflessness should continue to guide people towards peace and righteousness. "On this solemn occasion of Good Friday, let us reflect on the sacrifice of Lord Jesus Christ and the values of love and redemption he stood for," the chief minister said in the post. He said Christ's message of love, compassion and ...Read More >
Panaji (Goa) [India], April 8 (ANI): Lok Sabha Speaker Om Birla arrived in Goa on Wednesday to attend the First Conference of Zone VII of the Commonwealth Parliamentary Association (CPA) India Region, scheduled to be held in Panaji on April 9 Om Birla will inaugurate the two-day conference, which will bring together key parliamentary leaders and presiding officers from across the country. Among those who will address the conference are Goa Chief Minister Pramod Sawant, Harivansh Narayan Singh, Ram Shinde, Rahul Narwekar and Shankarbhai Chaudhary, according to a release. The welcome address w ...Read More >
Raipur (Chhattisgarh) [India], June 6 (ANI): Chhattisgarh Chief Minister Vishnu Deo Sai, along with Deputy Chief Minister Vijay Sharma on Sunday participated in a 2-day training camp organised at the IIM Raipur campus. The Chief Minister said that through this Chintan Shivir, the state will gain valuable advantages that will help in improving the economy. CM Vishnu Deo Sai said, "We did this programme last year as well, and experts from across the nation came and shared their insights. We witnessed that Chhattisgarh benefited from all those ideas. We believe that this year too, through this C ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
Vasco: A 19-year-old student of BITS Pilani, Goa campus, Rishi Nair from Bengaluru was found dead in his hostel room on Thursday. This is the fifth student death recorded in 10 months on the campus and the second within a month.Police said Rishi went into a depression after his girlfriend had died by suicide two and a half months ago in Hyderabad, and his parents shifted him to the Goa campus. On Thursday morning, his parents who also shifted along with him to Goa, tried to get in touch with Rish ...Read More >
Panaji: Chief minister Pramod Sawant said on Tuesday that Sanvordem BJP MLA Ganesh Gaonkar will win the election to the post of speaker, the election to which will take place on Thursday. Gaonkar filed his nomination on Tuesday in the presence of Sawant, ministers, and coalition MLAs."We have 33 MLAs, and we will win the election. I congratulate Gaonkar," he said. Wednesday is the last day to file nominations.Gaonkar and Quepem Congress MLA Altone D'Costa -- who filed his nomination last week -- ...Read More >
Panaji (Goa) [India], December 15 (ANI): Luthra Brothers, the owner of the Birch by Romeo Lane nightclub in North Goa, where 25 people were killed in a fire, will be deported from Thailand on Tuesday, Goa police said. Upon their arrival, officials from the central agencies will take Saurabh Luthra and Gaurav Luthra to the Patiala House Court in Delhi, from where the Goa Police will take them on transit remand. Luthra brothers are being deported from Bangkok to face charges for allegedly operating the club without proper safety permits. The blaze on December 6 in their club is suspected to ha ...Read More >
Porvorim (Goa) [India], April 7 (ANI): The Goa Legislative Assembly will host the Commonwealth Parliamentary Association (CPA), India Region, Zone-VII (West Zone) Conference from April 8-10, 2026, at the Goa Marriott Resort, Miramar. The conference is expected to bring together senior parliamentary leaders from across western India for discussions on key governance and development priorities. Also Read | Delhi Airport Issues Advisory After Recent Dog Attacks, Urges Flyers To Avoid Feeding. The three-day conference aims to strengthen inter-parliamentary cooperation and promote meaningful dia ...Read More >
Mumbai: Chief minister Devendra Fadnavis said on Thursday that he held discussions on cabinet expansion with union home minister Amit Shah, party national president J P Nadda, and the party national general secretary B L Santhosh on Wednesday night. Fadnavis was on a two-day visit to Delhi days after being sworn in as chief minister. He met President Draupudi Murmu, PM Narendra Modi, defence minister Rajnath Singh and union road transport minister Nitin Gadkari. He also presented five different ...Read More >