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.
Today marks a milestone for New Zealand's port and maritime sector as the Approved Code of Practice for Loading and Unloading Cargo at Ports and on Ships (ACOP) officially comes into effect. The launch was celebrated by Workplace Relations and Safety Minister Hon Brooke van Velden and Associate Minister of Transport Matt Doocey, signaling a significant step towards enhancing workplace safety across the industry. The ACOP addresses long-standing inconsistencies in safety practices across the country's commercial ports, providing clear and consistent safety standards for workers and businesses. "For the first time, all commercial ports in New Zealand have a unified and approved code of practice to follow," said Mr. Doocey. The ACOP was a key recommendation from the Port Health and Safety Leadership Group, formed to tackle safety challenges within the sector. It was developed through collaboration among industry experts, workers, businesses, and government agencies. The ACOP outlines practical guidelines for loading and unloading cargo safely, ensuring that workers are equipped with the right tools, environments, and procedures to reduce harm and fatalities. Minister van Velden emphasized the balance the ACOP strikes between effective safety measures and avoiding unnecessary bureaucracy. "We want people to come home healthy and safe from their work on ports every day, without imposing regulations that don't genuinely improve workplace safety," she said. The ACOP offers multiple benefits to businesses and workers alike: Consistency and Clarity: Provides clear standards for risk management and safety procedures. Cost Efficiency: Reduces time and resources spent interpreting compliance requirements. Regulatory Transparency: Clarifies what Maritime NZ inspectors will evaluate during port visits. "This is a significant step for the sector, as it reduces uncertainty, promotes transparency, and ultimately saves lives," Mr. Doocey said. The code's development involved a comprehensive process, including planning sessions, workshops, stakeholder submissions, and reviews. Both ministers commended the sector for its collaborative effort. "This is a solution born from the expertise and experience of those who work in the industry daily," said Ms. van Velden. The ACOP is expected to drive lasting improvements in workplace safety across New Zealand's ports. The Government hopes this initiative will serve as a blueprint for similar safety improvements in other high-risk industries. "Safe, well-run ports are essential for our country's imports, exports, and the wellbeing of those who make this vital work possible," Mr. Doocey added. The launch of the ACOP underscores New Zealand's commitment to fostering safer workplaces and supporting the people who power the nation's economy.
* Commoditisation and similarity of products and services with competitors will have the most significant impact on how businesses deliver customer experiences over the next two years, according to the latest IDC InfoBrief commissioned by Affinidi * However, businesses who are looking to hyper-personalise their products as a competitive differentiator are facing several obstacles in addressing the privacy-personalisation dilemma, with 56% of them highlighting data collection and management to be a key challenge. * To truly enhance customer experiences through more personalised insights, they m ...Read More >
New Delhi, Aug 22 (PTI) Sebi chairman Tuhin Kanta Pandey on Friday cautioned the mutual fund industry that beyond market-linked investment risks, operational risks such as fraudulent redemptions by impersonators pose a growing threat to investor confidence. He stressed the need for heightened vigilance, urging asset management companies (AMCs) to respond swiftly and track evolving fraud patterns as perpetrators become more sophisticated. While there is a need to diversify beyond the blue chips, he noted, mutual funds as a retail product should exercise caution while investing in micro-cap or ...Read More >
GURUGRAM, India, Dec. 15, 2025 /PRNewswire/ -- SGS is pleased to announce that it has certified KPMG in India for the ISO 42001:2023 Artificial Intelligence Management System (AIMS) standard for its Gurugram and Noida offices. This international standard, developed by the International Organization for Standardization (ISO), sets out requirements for establishing, implementing, maintaining and continually improving an AI management system within organisations. ISO 42001 is the world's first AI m ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
New Delhi, March 30 (SocialNews.XYZ) In a major push to strengthen Delhi's water supply, sewer management, and Yamuna rejuvenation efforts, Water Minister Parvesh Verma on Monday unveiled the Summer Action Plan 2026-27 at the Delhi Jal Board headquarters. The occasion also marked the launch of key digital initiatives, including a Chatbot, Advanced CRM system, and the DJB 1916 Mobile App, aimed at bringing transparency, accountability, and citizen participation into water governance. Addressing officials and stakeholders, the Minister underscored that Delhi's water challenges must be approach ...Read More >
NEW DELHI: Fairfax Financial Holdings on Thursday named former civil servant Amitabh Kant as a senior advisor. Kant, who recently stepped down as India's G20 sherpa, will help Fairfax India pursue its plans in the country."Amitabh has outstanding experience in many of the key areas that India intends to grow significantly in coming years, but what we really value is his high integrity and alignment with the values of Fairfax. We look forward to working with him to further enhance Fairfax's long-term objectives, delivering lasting value for our investors and stakeholders, while upholding our co ...Read More >
New Delhi: In a welcome departure, the Union Public Service Commission (UPSC) is adopting a more student-centric approach aimed at reducing the stress of aspirants. In an exclusive interview with ETV Bharat, UPSC chairman Ajay Kumar unveiled a wide-ranging roadmap of reforms -- aimed at reducing stress, enhancing exam transparency, detecting forgery with tech tools, and building inclusive platforms that empower deserving candidates beyond the exam results. "The UPSC Civil Services Examination is one of the most prestigious and competitive examinations in the country. Naturally, the demands ar ...Read More >
New Delhi [India], March 30 (ANI): A recent report by Fitch Ratings has flagged heightened risks in India's gold-loan segment following a decline in gold prices, underscoring the need for robust risk controls among non-bank financial institutions (NBFIs). In its latest assessment, Fitch said that falling gold prices could erode the value of collateral backing gold loans, potentially weakening lenders' recovery prospects in the event of borrower defaults. "A decline in gold prices puts pressure on collateral coverage and increases the importance of active risk management," the agency noted. G ...Read More >
The All India Bank Employees' Association (AIBEA) has recently written to Finance Minister Nirmala Sitharaman seeking regulatory intervention and public disclosure following the resignation of HDFC Bank's former Part-time Chairman and Independent Director, Atanu Chakraborty. In its letter, AIBEA expressed concern over the resignation, noting that the resignation letter stated certain "happenings and practices" in the bank were not in line with his personal values and ethics. AIBEA said the development "raises serious questions about governance standards, regulatory oversight, and systemic st ...Read More >
Mumbai (Maharashtra) [India], June 6 (ANI): NSE Sustainability Ratings and Analytics, a defunct subsidiary of the stock exchange NSE, has launched ESG ratings services for listed companies. It marks a significant milestone in advancing sustainable business practices in India. Also Read | Startup Growth in India: Country Now Has 1.76 Lakh Registered Startups and 118 Unicorns, Says FM Nirmala Sitharaman. NSE Sustainability focuses on assessing Environmental, Social, and Governance (ESG) performance, providing stakeholders with vital information to make informed decisions. The company NSE Sus ...Read More >
Atanu Chakraborty Resignation: A fresh controversy seems to be brewing around HDFC Bank after the resignation of its former part-time chairman and independent director Atanu Chakraborty. The All India Bank Employees' Association (AIBEA) has written to Finance Minister Nirmala Sitharaman, asking for intervention and greater clarity on the circumstances surrounding his exit. What stands out, according to the association, is the reason cited in the resignation letter. Chakraborty referred to certa ...Read More >
NEW DELHI: The Delhi government on Monday initiated the computerised draw of lots for admissions to entry-level classes (Nursery/KG/Class 1) in private unaided recognised schools for the 2026-27 academic session under the EWS/DG and Children With Special Needs (CWSN) categories. The exercise was conducted in the presence of parents and stakeholders to ensure transparency and fairness, officials said. The Education Department said there has been a significant increase in seats this year, along with simplification and improved transparency in the application process. The number of participating ...Read More >
Sources dismissed concerns that the amendments could lead to censorship ShowQuick Read Summary is AI-generated, newsroom-reviewed * The Centre is revising IT Rules to cover the entire digital news ecosystem * Proposed changes focus on data retention, compliance, definitions, and structure * Expansion may include non-registered digital news content producers Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: The Centre is working on a significant overhaul of the Inform ...Read More >
Balaji Govindarajan is a seasoned professional with over 20 years of extensive experience in the insurance domain, particularly focusing on Property and Casualty Insurance. His expertise encompasses planning and executing large-scale end-to-end testing, integration projects, and legacy system migration. He has successfully led numerous initiatives that enhance operational efficiency and compliance with industry standards. Balaji's experience encompasses functional and automation testing of critical applications such as Policypro, Duck Creek, Guidewire and various policy administration and bil ...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 >
Karnataka: With a steady increase in the tiger population at the Male Mahadeshwara Hills (MM Hills) Wildlife Sanctuary, Karnataka's Forest, Ecology and Environment Minister Eshwar B Khandre has directed officials to begin the process of declaring the region a tiger reserve. He emphasized the need to first collect public opinion from the local communities before proceeding with formal proposals. Chairing a high-level meeting with senior forest officials, including the Principal Chief Conservator of Forests and Chief Wildlife Warden, at Vikasa Soudha today, Minister Khandre instructed the depar ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in Srinagar, and two in Budgam district -- (KNO) ...Read More >
New Delhi: VerSe Innovation has appointed P R Ramesh as an independent director on its board and named him chair of the audit committee, as the company looks to strengthen governance ahead of its next phase of growth. VerSe is the parent company of Dailyhunt, Josh, Magzter and NexVerse.ai. The company said Ramesh is a chartered accountant with more than 40 years of experience in financial oversight, corporate governance, regulatory advisory and board leadership. He is the former chairman of Deloitte India and a former member of the Deloitte Global Board. VerSe said he has also advised India ...Read More >
The ESG policy has been formulated on the basis of the assessment that environmentally friendly and relatively low-polluting industries are suitable for the State's industrial ecosystem. Kerala has now become the first State to implement a comprehensive ESG policy, says Rajeeve The Cabinet on Tuesday approved an environmental, social, and governance (ESG) policy to implement a governance framework for investments in the State. The ESG policy has been formulated on the basis of the assessment th ...Read More >
Bhubaneswar/Gopalpur: Odisha Chief Minister Mohan Charan Majhi on Thursday laid the foundation stones for five major industrial projects at the Tata Steel Special Economic Zone Limited's (TSSEZL) Gopalpur Industrial Park (GIP) in Ganjam district. With a cumulative investment of over Rs 20,500 crore, these projects mark a significant boost to the state's fast-growing industrial base. Addressing the gathering, Chief Minister Majhi said, "Ganjam has emerged as a dynamic industrial destination due to its robust infrastructure, a strategically located port, and a pool of skilled manpower. With inv ...Read More >
New Delhi, Sep 29 (PTI) PTC India Financial Services (PFS) on Monday expressed surprise over the unexpected resignation of three independent directors ahead of the expiry of their three-year term. Three independent directors, Seema Bahuguna, Naveen Bhushan Gupta and PV Bharathi, resigned as Independent Directors of the company in the last few days. "The management is surprised by the unexpected resignation of the aforementioned independent directors and more so because of the reasons cited in their resignation letters. None of them had ever discussed such issues with the Board of Directors o ...Read More >
New Delhi, Apr 1 (PTI) The National Stock Exchange (NSE) on Wednesday said it has partnered with Indian Gas Exchange Ltd (IGX) to introduce exchange-traded derivatives based on domestic natural gas prices. As part of the collaboration, NSE will launch natural gas futures contracts linked to IGX's benchmark price index -- Gas IndeX of India (GIXI), reflecting pricing based on actual trades on the IGX platform. In a statement, the exchange said it has received approval from markets regulator Sebi to launch Indian natural gas futures, with the launch date to be announced shortly. The proposed ...Read More >
Mumbai (Maharashtra) [India], June 6 (ANI): NSE Sustainability Ratings and Analytics, a defunct subsidiary of the stock exchange NSE, has launched ESG ratings services for listed companies. It marks a significant milestone in advancing sustainable business practices in India. NSE Sustainability focuses on assessing Environmental, Social, and Governance (ESG) performance, providing stakeholders with vital information to make informed decisions. The company NSE Sustainability said in a statement Friday it received its certificate of registration from the Securities and Exchange Board of India ...Read More >
Mumbai, Oct 8 (PTI) Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest here, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved. "Build for inclusion. While there may be higher profits to be made by deepening access to the haves and the privileged. Prioritise building systems to expand financial services to the unaccessed, the unreached and t ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): National Stock Exchange of India (NSE) on Wednesday announced a collaboration with Indian Gas Exchange Limited (IGX) to introduce exchange-traded derivatives based on natural gas traded and delivered on the IGX platform. The initiative aims to strengthen India's domestic natural gas market by providing efficient risk management tools to market participants. Also Read | Patna Shocker: Woman Drugged With Sedative-Laced Drink and Gang-Raped on Pretext of Job Promise, 3 Arrested. As part of the collaboration, NSE will launch Indian natural gas deriva ...Read More >
The All India Bank Employees' Association (AIBEA) has written to Finance Minister Nirmala Sitharaman seeking a comprehensive inquiry into the issues raised by Atanu Chakraborty, former Part-Time Chairman of HDFC Bank, in his resignation letter. In his resignation letter dated March 17th, Chakraborty said that certain "happenings and practices" within the bank were not in congruence with his personal values and ethics. The Association has sought the government's intervention for assessing the governance, compliance, and risk management practices at India's second largest private sector bank. ...Read More >
Kolkata: SEBI on Thursday expressed concern over the growing dominance of ultra-short-term derivatives trading, cautioning that such trends could undermine the health of India's capital markets, while contemplating steps to extend the tenure and maturity of these products. "Very short-term derivatives continue to dominate equity derivative volumes, especially expiry-day index options. This is an imbalance that is obviously unhealthy and may have potential for adverse consequences," said SEBI Whole-Time Member Ananth Narayan. He was addressing the 11th Capital Markets Conclave organised by th ...Read More >
New Delhi [India], September 27 (ANI): The Government e Marketplace (GeM) and the Arun Jaitley National Institute of Financial Management (AJNIFM), on Wednesday, signed a Memorandum of Understanding (MoU) to strengthen India's public procurement system through training, research and knowledge building. According to a statement, the MoU, signed in Delhi, aims to integrate GeM's digital procurement platform with AJNIFM's expertise in training and capacity building. The release stated that the coll ...Read More >
Bengaluru : Having issued India's first listed sustainability-linked Bond, for USD 60 million, under the Securities and Exchange Board of India's (SEBI) ESG Bond Framework in June this year, Indian multinational conglomerate Larsen & Toubro (L&T) has now secured a Sustainability-Linked Trade Facility (SLTF) worth USD 700 million with Standard Chartered. The development underscores L&T's commitment to sustainable business practices and its continued efforts to augment the sustainable business portfolio. The SLTF is tied to specified key performance indicators (KPI) such as the intensity of gr ...Read More >
New Delhi, Jul 3 (PTI) India should establish world-class chemical hubs and develop eight high-potential port-infrastructure clusters to become a global chemical manufacturing powerhouse, a NITI Aayog report said on Thursday. In a report titled 'Chemical Industry: Powering India's Participation in Global Value Chains', NITI Aayog said India is aiming USD 1 trillion chemical output by 2040. Also Read | Who Is Soham Parekh, Indian Techie Accused of Duping Multiple Companies? What's His Reaction to Allegations of Moonlighting?. According to the report, India is set to increase its Global Value ...Read More >