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.
Visakhapatnam: Adani Gangavaram Port has set a new record in handling coastal cargo by loading 61,317 MTs in 24 hours in MV Star Nasia for TANGEDCO. The achievement's made breaking its earlier record of 57,950 MTs in January. The record underscores the port's commitment to operational excellence and efficient cargo handling. The record-breaking cargo handling was made possible through the strategic utilisation of mobile harbour cranes, E-GSCs, railway infra and mechanised yards to ensure high productivity. The port's constant thrust in safe and efficient operations through technology and investments in infrastructure has enabled this record. The port's integrated approach ensures swift and reliable transportation of coastal cargo across the region. Reiterating that the record-breaking achievement is a testament to the dedication and hard work of the entire team, the port management said, "We are committed to continuously enhancing our operational capabilities to provide efficient and reliable services to our customers and contribute to the growth of the Indian economy."
India Maritime Week (IMW) 2025 is a vision of India's maritime resurgence Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest port developer and operator, is set to showcase its role in shaping the nation's Blue Economy at the ensuing India Maritime Week (IMW) 2025. India Maritime Week (IMW) 2025 is taking place at the Bombay Exhibition Centre in Mumbai from October 27-31. Adani Ports will showcase how technology, inclusion and indigenous innovation are powering the nation's jou ...Read More >
Maruti Suzuki India (MSIL) Chairman R C Bhargava on Thursday said India must "not give in to any kind of bullying" after US President Donald Trump's decision to raise tariffs on Indian imports to 50 per cent this month, urging national unity to uphold dignity and support the government. On the domestic front, he said a reduction in GST on small cars could help counter the economic strain created by these tariff measures. "My hope and my expectation is that subject to approvals by the GST Council, we will see a revival of the small car market, overall faster growth of the car industry, more i ...Read More >
Hurun India Rich List 2025: Ambani, Adani, Roshni Nadar Lead Nation's Wealth Surge India's wealth creation engine continues to accelerate, with a record 358 dollar-billionaires and 1,687 individuals worth over ₹1,000 crore, according to the newly released M3M Hurun India Rich List 2025. The 14th edition of the list, compiled by Hurun India in partnership with M3M India, highlights that Mukesh Ambani, 68, chairman of Reliance Industries, has reclaimed his position as India's richest man, with family wealth pegged at ₹9.55 lakh crore ($105 billion). Close behind is Gautam Adani, 63, with ₹8.15 ...Read More >
New Delhi [India], October 1 (ANI): Mukesh Ambani has reclaimed his position as the richest Indian, overtaking Gautam Adani, according to the M3M Hurun India Rich List 2025 released on Wednesday. With a wealth of Rs. 9.55 lakh crore (USD 105 billion), the 68-year-old Reliance Industries Chairman returned to the top spot, while Adani, 63, and his family followed closely with Rs. 8.15 lakh crore. For the first time in the history of the list, a woman has made it to the top three. Roshni Nadar Malhotra, 44, and her family secured the third spot with a wealth of Rs. 2.84 lakh crore. She not only ...Read More >
MUMBAI: Stencilled just above the stairs, the red mark in Mumbai's Dharavi slum is tantamount to an eviction notice for residents like Bipinkumar Padaya. "I was born here, my father was born here, my grandfather was born here," sighed the 58-year-old government employee. Advertisement "But we don't have any choice, we have to vacate." Soon, bulldozers are expected to rumble into Asia's largest slum, in the heart of the Indian megalopolis of Mumbai, flattening its labyrinth of filthy alleyways for a brand-new neighbourhood. The redevelopment scheme, led by Mumbai authorities and billionaire ...Read More >
New Delhi, Apr 3 (PTI) Billionaire Gautam Adani on Friday said his conglomerate's port arm is targeting cargo volumes of 1 billion tonnes by 2030, after the company surpassed 500 million tonnes milestone, underscoring the rapid scale-up of India's largest port operator. Speaking on the occasion of Adani Ports and Special Economic Zone (APSEZ) crossing the milestone, Chairman Adani said the group's ports network has expanded into an integrated system of 20 ports across India and international locations, positioning it as a key enabler of trade and logistics flows. He said APSEZ's logistics an ...Read More >
Jaisalmer (Rajasthan) [India], June 7 (ANI): Following the completion of one month of Operation Sindoor, people living near the Indo-Pak border in Rajasthan expressed happiness. A resident in Barmer said that there was too much enthusiasm among the people during Operation Sindoor, and nobody living near the border vacated their village. A resident, Raghuvir Singh, said, "My village is just 2 km away from the Indo-Pak border. We have seen Operation Sindoor very closely. Nobody living near the border vacated their village; they supported the Indian Army and BSF. The Indian Air Force destroyed t ...Read More >
Shah Rukh Khan and his family top the M3M Hurun India Rich List 2025 with Rs 12,490 crore, driven by Red Chillies Entertainment. Juhi Chawla & family secure the second spot, followed by Hrithik Roshan, Karan Yash Johar, and Amitabh Bachchan & family, highlighting Bollywood's wealthiest through diverse ventures and brand influence. Bollywood's Badshah Shah Rukh Khan and his family have topped the M3M Hurun India Rich List 2025, leading the pack with a wealth of Rs 12,490 crore, driven by the dive ...Read More >
New Delhi [India], October 1 (ANI): Mukesh Ambani has reclaimed his position as the richest Indian, overtaking Gautam Adani, according to the M3M Hurun India Rich List 2025 released on Wednesday. With a wealth of Rs. 9.55 lakh crore (USD 105 billion), the 68-year-old Reliance Industries Chairman returned to the top spot, while Adani, 63, and his family followed closely with Rs. 8.15 lakh crore. For the first time in the history of the list, a woman has made it to the top three. Roshni Nadar Malhotra, 44, and her family secured the third spot with a wealth of Rs. 2.84 lakh crore. She not only ...Read More >
New Delhi, Aug 1: India launched the first phase of four development projects across nine partner countries as part of its 'India-UN Global Capacity Building Initiative'. The programme aims to deepen South-South cooperation in support of the Sustainable Development Goals (SDGs). The launch event was presided over by Secretary (West) in the Ministry of External Affairs, Tanmaya Lal, and attended by heads of missions from participating countries, UN Resident Coordinator in India Shombi Sharp, diplomats, and representatives from UN agencies, ITEC partner institutions, and other stakeholders. Th ...Read More >
Ahmedabad, April 3 (SocialNews.XYZ) Adani Group Chairman Gautam Adani on Friday set an ambitious target of handling one billion tonnes of cargo for Adani Ports and SEZ (APSEZ) by 2030 on the occasion of the flagship company celebrating its landmark achievement of surpassing the 500 million tonnes mark. "Let this evening not be remembered only as the moment we celebrated 500 million tonnes. Let it be remembered as the moment we paused to renew our belief and set our sights on the next horizon. One billion tonnes by 2030," Gautam Adani said in his address at the event. He said this occasion wa ...Read More >
Puducherry [India], April 7 (ANI): Union Minister JP Nadda and BJP Election In-Charge for Puducherry and Union Minister Mansukh Mandaviya on Tuesday flagged off Bharatiya Janata Party Yuva Morcha's mega 'bike rally,' ahead of the upcoming assembly polls. Addressing the gathering at the campaign rally, Nadda assured that the NDA 2.0 government would focus on the "economic development" of Puducherry. He encouraged the Yuva Morcha members to propagate the promises of the BJP to every household, including free gas cylinders on Pongal and Vinayaka Chaturthi. "Please visit every household and tell ...Read More >
Bengaluru: A case was registered against RCB, event management firm DNA entertainment private limited, Karnataka State Cricket Association on Thursday in connection with the stampede near Chinnaswamy stadium here that claimed the lives of 11 people and injured 56, police said on Thursday. Following a complaint by a police inspector, the case was registered at Cubbon Park station, they said. In the FIR, RCB Franchise has been listed as accused 1, DNA entertainment private limited as accused 2 and Karnataka State Cricket Association Administrative Committee as accused 3, they said. The case h ...Read More >
New Delhi: Delhi govt has announced a city-wide rollout of underground electric wiring as part of a Rs 100-crore initiative. The move aims to ensure a safer, cleaner and uninterrupted power supply for residents across the capital, chief minister Rekha Gupta said on Saturday while launching the city's first pilot project of underground wiring in Shalimar Bagh.Gupta said the work at her constituency Shalimar Bagh would be completed in approximately three months. At least 5,500 families residing in BH block Janta flats of Shalimar Bagh will benefit from the scheme, which will also improve the aes ...Read More >
New Delhi/Imphal, Aug 1 (SocialNews.XYZ) The National Investigation Agency (NIA) has made a second consecutive arrest in the 2024 killings in Manipur's Jiribam, central probe agency sources said on Friday. The NIA in a statement said that the national probe agency caught Lalrosang Hmar alias Rosang, a resident of Moinathol Village in southern Assam's Cachar district, from the Mizoram capital Aizawl on Thursday. The arrest came after the arrest of another key accused, Thanglienlal Hmar, by a joint NIA-Assam police team on Thursday, also from Aizawl. Three women and three children were abduct ...Read More >
Bipinkumar Padaya (C) live in a one-storey home crammed into a tangle of alleys Stencilled just above the stairs, the red mark in Mumbai's Dharavi slum is tantamount to an eviction notice for residents like Bipinkumar Padaya. "I was born here, my father was born here, my grandfather was born here," sighed the 58-year-old government employee. "But we don't have any choice, we have to vacate." Soon, bulldozers are expected to rumble into Asia's largest slum, in the heart of the Indian megalopolis of Mumbai, flattening its labyrinth of filthy alleyways for a brand-new neighbourhood. The rede ...Read More >
NEW DELHI: A 50-year-old man died and his daughter was injured on Thursday morning when a tree fell on them while they were riding a motorcycle in southeast Delhi's Kalkaji area amid heavy rainfall in the national capital. According to a senior police officer, around 9:50 am, an old roadside Neem tree suddenly fell in front of HDFC Bank near Paras Chowk, Kalkaji. Two people a motorcycle trapped under it. They have been identified as Sudhir Kumar and his daughter Priya (22). Upon recieving information, local police came to the spot and started rescue operation immediately. A JCB was arranged ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as the tax reductions on essential items of daily use will bring a noticeable drop in prices. He furthe ...Read More >
VISAKHAPATNAM: The depression over northwest and adjoining west-central Bay of Bengal and north Andhra Pradesh - south Odisha coasts moved north-north-westwards and crossed South Odisha coast close to Gopalpur during early morning of Tuesday and lay cantered over south coastal Odisha. Weatherman said it was likely to move north-westwards across south Odisha and south Chhattisgarh and weaken into a well-marked low-pressure area during next few hours. Under its influence, thunderstorms accompanied by lightning, are likely over north and south coastal Andhra Pradesh, Yanam and Rayalaseema. Stro ...Read More >