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.
Vijayawada: Chief Minister Nara Chandrababu Naidu's helicopter made an emergency landing at the Gannavaram airport on Tuesday morning due to adverse weather conditions. He was on his way to participate in NTR Bharosa pension distribution programme in East Godavari district when this happened. As per the schedule, the Chief Minister's helicopter took off from the helipad at his official residence in Undavalli at 10.30 am. The helicopter was scheduled to land at Kapavaram village of West Godavari district at 11 am as the CM was scheduled to participate in NTR Bharosa pension distribution programme at Malakapalli village of Tallapudi mandal in East Godavari district. However, the pilot made an emergency landing at the Gannavaram airport due to bad weather. "After crossing Gannavaram, the weather conditions in the forward region were not conducive, prompting the abandonment of the helicopter journey," officials said. The Chief Minister then shifted to a special flight and reached Rajahmundry. From there, he travelled to the programme venue by road.
Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...Read More >
The annual 'Kartheeka Brahmotsavams' began at the temple of Goddess Sri Padmavati Ammavaru at Tiruchanur here on November 28 (Thursday). Priests hoisted the 'Dhwajapatam', the sacred flag bearing the imprint of the divine elephant (the celestial carrier of Goddess Padmavati), atop the temple flag post as part of the 'Dhwajarohanam' ceremony, which signalled the formal launch of the nine-day fete. Under the guidance of the 'Pancharatra Agama' adviser Manikantha Swamy, the officiating priest (Kankana Bhattar), K. Srinivasacharyulu, and priest Babu Swamy conducted the rituals. Executive Office ...Read More >
Mumbai: The birth of three penguin chicks at Mumbai's Veermata Jijabai Bhosale Udyan and Zoo has sparked an unexpected row not over their care, but their names. BJP functionary Nitin Bankar from the Byculla Assembly constituency has objected to the chicks being given English names, insisting they be named in Marathi instead. The BMC is expected to respond by June 10, after which Bankar will decide his next move. Speaking to The Free Press Journal, Bankar said, "When penguins were brought from abroad, we accepted that their names would be in English. But these chicks were born on the soil of M ...Read More >
Vijayawada: Chief Minister N Chandrababu Naidu on Thursday said that concerted efforts would be made to increase green cover in the state from current 30.05 per cent to 50 per cent by 2047 when India would celebrate its centenary year of Independence. Addressing the Vana Mahotsavam event on the World Environment Day at Ananthavaram village in Thullur mandal near here, the Chief Minister said: "Currently, Andhra Pradesh has 37,421 sq km of forest area, accounting for 23 per cent of the total area in the State. When we add greenery outside forests, the state's green cover stands at 30.05 per ce ...Read More >
Poranki (Krishna district): Minister for BC, EWS Welfare, Handlooms and Textiles S Savita emphasised that human survival is only possible with trees. She announced that as part of the Harithandhra Pradesh initiative, one crore saplings are being planted across the State, with a target to achieve 50 per cent green cover by 2047. The Minister stressed that everyone is responsible for protecting the planted saplings and warned of strict action against those who remove trees. Minister Savita planted saplings here and led locals in a pledge to commit to environmental protection and increasing gree ...Read More >
Vijayawada: Chief Minister N Chandrababu Naidu on Friday unveiled an ambitious vision to transform Visakhapatnam into a new Mumbai over the next seven years. He directed officials to develop the 'Visakha Economic Region' as AP's primary growth engine, aiming for a staggering $120 billion economy from this region by 2032. The proposed economic region encompasses eight districts, including Visakhapatnam, Vizianagaram, Srikakulam, Anakapalli, Kakinada, East Godavari, Alluri Sitharama Raju (ASR), and Manyam. The Chief Minister has instructed the officials to launch projects that will significantl ...Read More >
NEW DELHI, June 8: A day before his Government marks its first anniversary in third term, Prime Minister Narendra Modi said on Sunday that the ruling BJP-led National Democratic Alliance has redefined women-led development in its 11 years in power. Follow the Daily Excelsior channel on WhatsApp In all sectors, including science, education, sports, start ups and the armed forces, women are excelling and inspiring several people, Modi said on X. He cited a number of welfare programmes which, he noted, have benefitted women immensely. Various initiatives, from ensuring dignity through Swachh ...Read More >
Vijayawada (Andhra Pradesh) [India], May 22 (ANI): Former Andhra Pradesh Chief Minister and YSRCP president YS Jagan Mohan Reddy on Thursday launched a scathing attack on the current TDP-led government in the State, accusing Chief Minister Chandrababu Naidu of failing to deliver on pre-election promises and engaging in financial mismanagement. The former chief minister also took aim at what he called the "yellow media" for biased reporting in favour of the ruling party. "I am not only fighting against Chandrababu Naidu but also against the 'yellow media'," Reddy said in a press conference. ...Read More >
Aizawl, June 2 (SocialNews.XYZ) All the government and private schools in Mizoram remained closed on Monday due to heavy rains that triggered landslides, rockfalls, and waterlogging in different parts of the mountainous state, officials said. A senior official of the School Education Department said that Deputy Commissioners of all 11 districts issued separate notifications closing the schools on Monday as a precautionary measure to ensure the safety of the students. After the beginning of the current spell of heavy rain, earlier, schools were closed across the state for two days on May 29 a ...Read More >
VIJAYAWADA: Chief Minister N Chandrababu Naidu has directed the officials to develop 'Visakha Economic Region' as the growth engine of Andhra Pradesh, with an aim to transforming it into a USD 120 billion economic region by 2032. He emphasised the need to develop Visakhapatnam on the lines of Mumbai in the next seven years. The Economic Region consists of eight districts including Visakhapatnam, Vizianagaram, Srikakulam, Anakapalli, Kakinada, East Godavari, ASR, and Manyam. The Chief Minister instructed officials to develop projects that would boost economic activity across this eight-distri ...Read More >
New Delhi [India], June 8 (ANI): External Affairs Minister S. Jaishankar will undertake an official visit to France, the European Union (EU), and Belgium from June 8 to 14, 2025, the Ministry of External Affairs announced in a press release on Sunday. The visit marks a significant step in further strengthening India's strategic partnerships with Europe. The EAM will first travel to Paris and Marseille, France, where he will hold bilateral discussions with the Minister for Europe and Foreign Affairs of France, Jean Noel Barrot. Also Read | Indian Citizen Dies in UAE: Civil Engineer Issac Paul ...Read More >
Gangtok, Jun 8 (PTI) The Sikkim government on Sunday evacuated 28 people, including three minors, stranded in Chaten in the northern part of the Himalayan state, where road connectivity has been snapped due to multiple landslides triggered by heavy rain, officials said. Responding to distress calls from a few locals, some taxi drivers and government officials stationed in Chaten, seeking evacuation, the administration hired a helicopter to rescue them. "The state government arranged a helicopter and successfully evacuated 28 people, including three minors," one of the officials said. All ev ...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 >
Andhra Pradesh government launched a massive greening campaign on World Environment Day, initiating "Vana Mahotsav" and an "End Plastic Pollution" drive. The goal is to increase the state's green cover from 29 to 50 percent by planting one crore saplings statewide. The initiative includes advanced monitoring and aims to achieve 37 percent green cover by 2029.The Andhra Pradesh government on Thursday launched a massive greening campaign to mark World Environment Day, aiming to increase the state's ...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 >
Gangtok, June 6 (SocialNews.XYZ) At least 80 tourists stranded in the northern part of Sikkim due to inclement weather and landslides have been safely evacuated, an official said on Friday. A total of four helicopter sorties were conducted from Pakyong Greenfield Airport to Chaten using MI-02, MI-49, and MI-39 helicopters, resulting in the evacuation of 80 individuals. Among those evacuated, 63 persons were tourists, while 17 were locals. To ensure their further travel to Gangtok, the state government arranged state transport buses at the airport for the convenience of the evacuees. In orde ...Read More >
Kochi, Jun 8 (PTI) A war of words erupted between Kerala Industries Minister P Rajeev and well-known industrialist Sabu M Jacob over the business environment and investment friendliness in the state. While Rajeeve took a dig at Jacob saying that those who had announced to shift their business from the state were still continuing here, Kitex Groups chairman Sabu Jacob gave a sharp reply saying that Kerala is not the "paternal property" of anybody. The minister and the businessman crossed swords a day after a delegation of Andhra Pradesh government visited Jacob here and invited him to invest ...Read More >
Extensive preparations are on in Mangalagiri for the first-ever convocation of AIIMS, scheduled for December 17, where President Droupadi Murmu will be the chief guest. District Collector S. Nagalakshmi, along with AIIMS director Madhabananda Kar, Joint Collector A. Bhargav Teja and Tenali Sub-Collector V. Sanjana Simha, held a review meeting with AIIMS officials and other district officers on Thursday evening at the AIIMS auditorium to oversee the arrangements. During the meeting, Collector Na ...Read More >
Guwahati: Rescue operations in rain-ravaged North Sikkim resumed on Thursday after a crucial break in the weather, successfully bringing 59 stranded tourists back to Gangtok. Severe weather and landslides trapped a group of 109 tourists in Lachung for nearly a week, and these individuals were among them. Ready for a challenge? Click here to take our quiz and show off your knowledge! According to the official reports, two MI-17V5 helicopters departed from Pakyong airport near Gangtok early Thursday morning. One helicopter rescued 39 tourists, while the other brought back 20, including two fo ...Read More >
VIJAYAWADA: Chief Minister N Chandrababu Naidu on Thursday held a review meeting at his Undavalli camp office to address procurement and pricing concerns for cocoa, mango, and tobacco crops, reaffirming his government's commitment to supporting farmers. Naidu stressed a farmer-centric approach, directing officials to conduct field visits, anticipate challenges, and ensure global standards in agricultural production. He announced a dedicated cocoa policy to promote high-quality output and enhance farmer awareness. Support for Farmer Producer Organisations (FPOs) and MSMEs to strengthen agro-pr ...Read More >
Chittoor: Chittoor MP D Prasad Rao on Saturday underlined the need for strict adherence to the directives issued by Chief Minister N Chandrababu Naidu, whose top priority is the welfare of mango farmers. In a statement, the MP highlighted the importance of implementing the government's measures without deviation. He urged officials to ensure the reopening of mango pulp processing units and facilitate the purchase of Totapuri mangoes directly from farmers to prevent losses. The latter expressed his gratitude to Naidu for announcing a minimum support price (MSP) of Rs.12,000 per tonne for Tot ...Read More >
Visakhapatnam: Despite is hectic schedule, Prime Minister Narendra Modi practices yoga at least for two hours a day and people should draw inspiration from the PM to adopt yoga and make it a consistent part of life, emphasised Visakhapatnam MP M Sribharat. Addressing the gathering at the yoga session organised as part of 'Yogandhra' campaign by Aum Free Yoga Centre at Gadiraju Palace in Visakhapatnam on Saturday, the MP highlighted that regular yoga practice is the secret behind the Prime Minister's health and fitness. "If the ancient practice is incorporated into the daily regimen, people ca ...Read More >
Guntur (Andhra Pradesh), June 26 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Thursday said declared a crackdown on drug peddling, warning that the state will seize the assets of those involved in the illegal trade. Marking the International Day Against Drug Abuse and Illicit Trafficking here, Naidu said, "I am issuing an ultimatum to people growing and shipping ganja (marijuana). Whether you grow it or bring it from outside, I will not spare." The CM said he will use the seized assets of drug peddlers in anti-drug campaigns. He unveiled a toll-free number and a WhatsApp number ...Read More >
Vijayawada, Nov 26 (UNI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday directed the officials to formulate proposals for constructing an iconic Deep technology building in the capital city of Amaravati. Bengaluru, Nov 26 (UNI) Congress MLA HR Gaviyappa's call to reconsider some election guarantees has sparked a political storm in Karnataka, drawing sharp criticism from Deputy Chief Minister DK Shivakumar and exposing potential fissures within the ruling party. Gaviyappa, representing Vijayanagara, suggested that certain guarantees were straining state finances and hindering th ...Read More >
The Andhra Pradesh government inked a Memorandum of Understanding (MoU) with Google. The tech giant will launch its operations from Visakhapatnam in the State. Making the announcement at the district collectors' conference on Wednesday, Chief Minister N. Chandrababu Naidu said HRD Minister Nara Lokesh's efforts have paved the way for this. The MoU was a significant development and would be a game changer. Visakhapatnam is poised for transformative growth, Mr. Naidu said. The chief minister, in ...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 >
Vijayawada: Chief Minister Nara Chandrababu Naidu has announced that with the support from NVIDIA for curriculum and training, 10,000 engineering students will receive skill training in the next two years. Naidu said in a post on 'X' on Saturday, "Andhra Pradesh is welcoming bold initiatives to lead India's AI revolution. Under the leadership of Minister for IT Nara Lokesh, we have entered into an MoU with NVIDIA to build a strong and inclusive AI ecosystem in the state. As many as 500 AI startups from AP will gain access to its Inception Programme for global exposure and key resources." "Fu ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >
Bengaluru: Ex-Karnataka Chief Minister and former External Affairs Minister SM Krishna died here early on Tuesday, leaving behind a rich legacy of statesmanship and public service that saw the 92-year-old leader scale all heights of political achievements. Suave, sophisticated and a man with enviable academic credentials, Somanahalli Mallaiah Krishna started off his political innings as an independent MLA from Maddur in 1962, stunning a then Congress veteran in the elections, and went on to become the state's CM and later the country's External Affairs Minister. Tributes poured in for the fo ...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 >