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.
Raipur, Jul 3 (PTI) Faced with mounting protests, the Chhattisgarh forest department on Thursday withdrew its directive that had effectively barred all other government departments, NGOs and private entities from undertaking any activity concerning Community Forest Resource Rights (CFRR). Forest Minister Kedar Kashyap has directed that the advisory be withdrawn, the department said in a statement. The directive was perceived by a section of society as an attempt to restrict rights, it said. Also Read | Fuel Ban Order on Overage Vehicles Not Feasible Now Due to Tech Challenges, Put on Hold: Delhi Government Writes to CAQM. Under the Forest Rights Act, CFRR empowers gram sabhas to manage and protect community forest resources and to stop any activity that adversely affects wild animals, forests or biodiversity. The state forest department had issued a directive on May 15, saying it would manage forest land given to tribal communities and forest dwellers under the Forest Rights Act until the Centre provided a model plan on how to manage these areas. Also Read | Delhi: Moisturiser Bottle Gets Stuck in Woman's Private Parts After She Inserts It for Sexual Pleasure, Doctors Successfully Remove Object Without Surgery. In the communication, V Sreenivasa Rao, principal chief conservator of forest and head of the forest force, had claimed that a 2020 central order had made his department the "nodal agency" for implementing CFRR. The move sparked protests by gram sabhas, tribal organisations and civil society groups in many districts, with the protesters calling the directive unconstitutional and against the law that gives forest dwellers the right to protect and manage their forests. On Wednesday, rallies were held in Nagri, Ambikapur, Kanker, Gaurela, Narayanpur, Gariaband, Pithora, Balod and Bastar, and memorandums were submitted to the authorities against the controversial decision. The May 15 letter from Rao was purely an interim procedural measure directing that only approved CFRR management plans be implemented until model plans were issued, the department release said. "This letter inadvertently referred to the Forest Department as the 'Nodal Agency', while the correct designation was 'Facilitator/ Coordinator'. This typographical error was duly corrected by a corrigendum dated 23.06.2025," it said. "In view of the confusion that arose, Forest Minister Kedar Kashyap directed the withdrawal of both the letter (May 25) and the clarification (June 23)," the statement said. The forest department has played a "proactive, constructive, and exemplary role" in recognising and distributing both individual and community forest resource rights under The Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006, it said. So far, the state has granted 478,641 Individual Rights and 4,349 CFRR titles covering 2,006,224 hectares, thereby empowering millions of forest-dwelling families. This stands as testimony to the state's administrative commitment, transparency, and dedication to sustainable development, it said. "During the course of CFRR implementation, in the absence of model management plans and detailed guidelines, the department issued only an advisory to its field officers to ensure that community management plans are scientifically harmonised with the National Working Plan Code, 2023," it said. This advisory became necessary because, without a clear framework, field-level implementation was increasingly inconsistent, posing serious risks of ecological degradation, conflict with working plans approved by the Union Forest Ministry, and potential disputes among communities and departments, the department said. "Some NGOs and gram sabhas perceived this advisory as an attempt to restrict rights, whereas the department's sole intent was to ensure transparent, sustainable, and legally robust management preparedness," the statement said. The department said it has requested the Ministry of Tribal Affairs and the Ministry of Environment, Forest and Climate Change to urgently issue model CFRR management plans aligned with the National Working Plan Code, to provide detailed implementation guidelines, and publish a comprehensive training module for all stakeholders, it added.
* 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 >
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. ...Read More >
BJP member Manas Dutta blamed the previous BJD government and held it responsible for not extending their service agreement which ended in April, 2024. As hundreds of women working as support staff under the Mission Shakti department staged a demonstration outside the Assembly over different issues, the opposition BJD on Monday demanded immediate release of their salaries. While the agitating women were shouting slogans at the Mahatma Gandhi Road leading to the Assembly, the issue was raised in ...Read More >
Seven Maoists including two women were killed in an encounter with security forces in Chhattisgarh's Narayanpur district on Thursday, a senior police official said. IMAGE: District Reserve Guards of the Chhattisgarh police celebrate after an anti-Maoist operation in Sukma, Chhattisgarh, November 22, 2024.Photograph: ANI Photo The gunfight broke out around 3 am in the forest of south Abujhmad along the border of Narayanpur and Dantewada districts, inspector general of police (Bastar Range) Sunda ...Read More >
New Delhi, Jun 5 (PTI) The Population Fund of India on Thursday welcomed the 16th Census and called for "strong safeguards" to ensure that the count is "inclusive, accurate, and equity-focused." The Population Census-2027 with caste enumeration will be carried out in 2027 with the reference date of October 1, 2026, in snow-bound areas like Ladakh and on March 1, 2027, in the rest of the country. It has been decided to conduct the census in two phases, along with the enumeration of castes, the Union Home Ministry announced on Wednesday. "The Population Foundation of India welcomes the announc ...Read More >
Bhubaneswar: Prominent social activist Medha Patkar was stopped from entering Odisha's Rayagada district on Thursday morning, where protests against bauxite mining were planned for the day. Patkar, a leading face of the 'Narmada Bachao Andolan,' arrived at Rayagada railway station early in the day, only to be served a prohibitory order restricting her entry into the district for two months, effective from June 4, 2025. The order, signed by Rayagada district collector Parul Patawari, also bars nearly two dozen other activists from entering the area. Citing concerns over potential disturbances ...Read More >
Bengaluru, Dec 11 (PTI) The National Law School of India University, which has pioneered and developed an integrated five-year BA LLB (honours) degree that transformed Indian legal education, has now come up with a three-year (honours) BA course with an option of an additional fourth year. The first cohort of the programme will be admitted in July 2025, the NLSIU said. "We are looking to develop something that is responsive to 2025, but is completely different," the NLSIU Vice Chancellor Sudhir Krishnaswamy said at the launch of the programme. He said the university will teach the social sc ...Read More >
A statement issued by the Bijapur police said the incident took place in Somnapalli village under Farsegarh Police Station area of the district. According to the statement, the Maoists dragged 35-year-old Kudiyaam Mado out of his house and strangled him to death. Mado was the district vice president of Bharatiya Janata Kisan Morcha -the farmers' unit of the BJP. Police said that they have also recovered a pamphlet issued by the banned CPI (Maoist)'s Bijapur National Park Area Committee, in whic ...Read More >
Bengaluru, Dec 12 (PTI) Rains lashed Bengaluru and parts of the south interior and coastal districts of Karnataka, causing traffic congestion on Thursday, officials said. For the next 24 hours, Bengaluru city and neighbourhood areas are likely to witness a generally cloudy sky with moderate rain likely in some areas, they said. In a statement, the India Meteorological Department (IMD) attributed the weather to a well marked low pressure area over Gulf of Mannar and neighbourhood with the associated upper air cyclonic circulation extending up to midtropospheric levels persists. The system is ...Read More >
New Delhi [India], December 15 (ANI): Godrej Agrovet informed stock exchanges that the Gujarat government has allotted area to it in three districts for the expansion of oil palm cultivation under the palm oil mission. Those three districts are Vadodara, Surat, and Tapi, the company informed stock exchanges in a filing late on Saturday. The filing didn't elaborate further details about the allotment of land. India is the world's second-largest consumer and number one vegetable oil importer, and it meets 60 per cent of its need through imports. A large part of it is palm oil and its derivativ ...Read More >
New Delhi, Jan 14 (PTI) Wheat sowing increased by 1.38 per cent year-on-year to 320 lakh hectare so far in the ongoing 2024-25 rabi season, according to the agriculture ministry data released on Tuesday. Wheat, the main rabi (winter) crop, was sown in 315.63 lakh hectare in the year-ago period. Sowing of most rabi crops is nearing end. Harvesting will begin from April. According to the data, pulses' acreage remained flat at 139.81 lakh hectare as on January 14, compared to 139.11 lakh hectare in the year-ago period. Gram was covered in 96.65 lakh hectare and lentil in 17.43 lakh hectare. ...Read More >
Imphal/New Delhi, Jan 17 (VOICE) Leaders of the Kuki-Zo Council (KZC), the apex socio-political body of the Kuki-Zo tribal communities in Manipur, held a meeting with senior officials of the Ministry of Home Affairs (MHA) in New Delhi on Friday and discussed their demands and prevailing situation in the northeastern state, KZC sources said. The four-member delegation of the KZC, led by its Chairman Henlianthang Thanglet, met the Adviser to MHA A. K. Mishra and Joint Director, MHA, Rajesh Kamble. Though the KZC leaders said that they would disclose the details of the discussion at Friday's mee ...Read More >
Raipur: Following a significant success with the elimination of 27 Maoists, the District Reserve Guard (DRG) intensified their campaign, shifting focus to Bijapur in Chhattisgarh, where another fierce encounter unfolded on Thursday. Reports indicate that DRG forces have cornered a group of Maoists in Bijapur, with continuous gunfire reverberating through the region. Amid the confrontation, one Maoist has been confirmed dead, while two brave jawans have sustained injuries. Police officers have not yet confirmed, but said a detailed report will be issued soon. In a bold and relentless crackdo ...Read More >
New Delhi, Jun 5 (PTI) Rising temperatures, driven by climate change, is increasing the atmosphere's 'thirst', making droughts around the world 40 per cent more severe over the past 40 years, according to a new study. Researchers, including those at the University of California-Santa Barbara, US, explained that the atmosphere is becoming warmer, thereby increasing its capacity to hold moisture -- atmospheric evaporative demand -- and making droughts more severe, even in places where rainfall has stayed the same. Also Read | Who Is Pinaki Misra? From Age to Family Background and Net Worth, He ...Read More >
New Delhi, Jun 5 (PTI) Fintech firm BimaPay Finsure on Thursday said it has entered into corporate insurance financing and aims for Rs 20 crore in premiums in 2025-26. Launching the pilot phase with insurance partners, BimaPay said the initiative will allow businesses to pay premiums in easy equated monthly instalments (EMIs) instead of bearing the burden of full upfront costs. Also Read | Who Is Pinaki Misra? From Age to Family Background and Net Worth, Here's All About BJD Leader With Whom Mahua Moitra Reportedly Married. The company aims to finance over Rs 20 crore worth of premiums by t ...Read More >
Muzaffarnagar (UP), Dec 6 (PTI) A teacher who asked other students to slap a Muslim boy in a school here surrendered at a POCSO court and was released on bail, an official said on Friday. Tripta Tyagi was caught last year in a video asking children to slap a boy in a school where she taught. Additional District Judge (POCSO) Alka Bharti on Thursday granted her bail and ordered her to furnish two sureties of Rs 25,000 each. She posted the matter for further hearing on Friday. Kapil Ahlawat, Tyagi's lawyer, told PTI that Tyagi had surrendered in the Special POCSO court on Thursday and sought ...Read More >
India's Chief Economic Advisor (CEA), Anantha Nageswaran, has urged regulators not to hinder innovations in the crypto and gaming sector. Speaking at the 2024 Global Economic Policy Forum on Wednesday, Nageswaran stressed the importance of regulatory transparency. He also advocated to strike a balance between fostering innovation and addressing social costs. "In a country with low per-capita income and financial illiteracy, not every innovation needs to be encouraged without any questioning. You have to have a social cost-benefit analysis of innovations such as Crypto and online gaming." He ...Read More >
Chhattisgarh (Bastar), Dec 12 (UNI) Seven Naxals were killed in an encounter with the security forces in the South Abujhmarh area of Chhattisgarh's Narayanpur district in the wee hours of Thursday. So far, seven bodies have been recovered, including that of a top Naxalite, who was part of the red ultras' Central Committee. Since 3 am, there has been intermittent firing between security forces and the Naxals, police said. According to the police, a joint team of the Special Task Force, Central Reserve Police Force, and District Reserve Guard from Narayanpur, Dantewada, Jagdalpur, and Kondagao ...Read More >
Raipur (Chhattisgarh) [India], December 15 (ANI): Union Home Minister Amit Shah attended the ceremony here on Sunday to present the President's Colour Award to Chhattisgarh Police. Shah embarked on a three-day visit to Chhattisgarh from December 14 to 16, during which he will chair a high-level security review meeting. Also Read | Sardar Vallabhbhai Patel Death Anniversary 2024: Priyanka Gandhi Pays Tribute to Former Congress President on His 74th Punyatithi. The Chhattisgarh Police has been honoured with the prestigious 'President's Police Colour' award, recognizing their remarkable 25-yea ...Read More >
Bhubaneswar, Jan 22 (PTI) The police have intensified security to thwart the possible efforts of the Maoists to enter Odisha following an operation that left 14 red rebels dead in neighbouring Chhattisgarh, an official said on Wednesday. The police remained alert in the districts bordering Chhattisgarh as combing operations were underway in Chhattisgarh. "We have put the police and central forces deployed in different districts to remain alert and prevent possible infiltration of Maoists from the neighbouring state," Odisha DGP Y B Khurania said after holding a review meeting. Khurania along ...Read More >
New Delhi [India], January 31 (ANI): Official Spokesperson of the Ministry of External Affairs Randhir Jaiswal said on Friday that French President Emmanuel Macron has invited Prime Minister Narendra Modi to attend the Artificial Intelligence (AI) Action Summit, and India has accepted the invite. While speaking at a press briefing, Jaiswal said that India is also developing its own AI program. "French President has invited Prime Minister Narendra Modi for Artificial Intelligence Action Summit and we have accepted their invite. We will update you about further details," he said. On February ...Read More >
Mumbai, Feb 5 (PTI) Maharashtra Congress chief Nana Patole on Wednesday slammed the introduction of a facial recognition system at Mantralaya here, saying it is a ploy to keep common people away from those in power so that land and wealth can be given to builders and industrialists. In a tweet, Patole said while builders' cars roll into Mantralaya, the state secretariat in south Mumbai, smoothly, common people's entry is being obstructed. "The fact is the new process is an attempt to keep common people away from those in power and democracy so that the state's land and wealth can be given to ...Read More >
Ahmedabad, Dec 11 (PTI) The 6th Edition of 'Abhivyakti - The City Arts Project', Gujarat's longest art and culture showcase and an endeavour of UNM Foundation of Mehta Family's Torrent Group, concluded with an assemble of art admirers from different walks of life enjoying the art performances across genres. The 16-day Project, which had begun on November 21, received an unprecedented footfall of over 3.24 lakh art lovers of different age groups and from varied walks of life, a press statement issued by the organisers said. Apart from the lakhs of art lovers of the city, the project was also ...Read More >
New Delhi, Dec 12 (PTI) The government on Thursday came out with the definition of green steel and asked the industry to take measures to bring down carbon emissions below the level of 2.2 tonnes on per tonne of finished products. Union Steel Minister H D Kumaraswamy also released a 'taxonomy on green steel' with parameters for giving star ratings on products based on the amount of carbon dioxide (CO2) emitted during the production process. The steel industry has been the backbone of India's industrial growth and it is imperative that this vital sector undergoes a transformative shift towards ...Read More >
RAIPUR: A furious sloth bear attack left a father-son duo dead and injured two others, including a deputy forest ranger, in Korar forest range of Kanker Forest Division in Chhattisgarh. The disturbing live video of the attack, which was captured by some journalists/villagers present at the site during the sloth bear's second attack went viral on social media. The sloth bear, believed to be infected by rabies, made the first attack on 45-year-old Sukhlal Darro around 11 am on January 18, said Divisional Forest Officer, Kanker, Alok Bajpai. Darro and another person identified as Ajju Kureti, ...Read More >
Mangaluru, (Karnataka) Feb 5 (PTI) District in-charge Minister of Dakshina Kannada, Dinesh Gundu Rao, directed officials on Wednesday to install CCTV cameras on both sides of bridges along major highways and main roads to prevent 'illegal' activities. During an inspection of the strengthening work on the Addur Bridge along the Perali-Addur State Highway, Rao highlighted reports of sand mining near bridges weakening their structures. Also Read | Delhi Assembly Elections 2025: National Capital Records 57.89% Voter Turnout; Exit Polls Give BJP Edge Over AAP. He said that although extracting sa ...Read More >
Mumbai, Jun 5 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Thursday inaugurated the final 76-km-long stretch of the Samruddhi Mahamarg, making the entire 701-km Mumbai-Nagpur corridor fully functional and bringing down the travel time between the two cities to 8 hours from around 18 hours. Fadnavis described the Mumbai-Nagpur Samruddhi Mahamarg as an "engineering marvel" and said this "economic corridor" would play a vital role in the state's development. Fadnavis said by connecting the expressway with the proposed Vadhvan port, they are planning to develop it as an "economic corrid ...Read More >
Bengaluru, Dec 3 (PTI) The Karnataka government on Tuesday requested the Drugs Controller General of India (DCGI) to investigate and take necessary action against a West Bengal-based manufacturer, amid concerns that recent maternal deaths in Ballari district, could be linked to substandard Ringer Lactate solution supplied by the company. In a letter, Karnataka Health Principal Secretary Harsh Gupta, drew the attention of the DCGI to the supply of several batches of "Compound Sodium Lactate I P (Ringer's Lactate I P)" by the West Bengal-based pharmaceutical company Paschim Banga Pharmaceutical ...Read More >
Following violence in Sambhal on November 24 related to a mosque survey, authorities plan to publicly display posters of over 400 identified individuals involved. 32 have been arrested so far. The posters will exclude those arrested. The government aims to hold those responsible for property damage accountable. Four people were killed, and many injured during the clash.The Sambhal administration on Thursday said it will put up posters of those involved in the November 24 violence. "We will put up ...Read More >
BHUBANESWAR : Unable to regulate retail price of the potato even after normal flow of the tuber from West Bengal and Uttar Pradesh, the state government has decided to provide the kitchen essential to consumers at a subsidised rate through the National Agricultural Cooperative Marketing Federation of India Limited (NAFED). In the first phase of its market intervention initiative, the state government has procured 60 tonnes of potato from Uttar Pradesh through NAFED and the same will be available ...Read More >