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.
Lucknow: In a breakthrough, ICAR-CISH scientists have innovated a method to craft mango wine from pulp, extending the fruit's flavour beyond its seasonal availability. Mango wine may now be available throughout the year, even when the mango season is over. The technology developed by ICAR-CISH (Central Institute for Subtropical Horticulture) involves preparing mango wine using the pulp of mangoes when fresh fruits are not available. Previously, mango wines were prepared using only the fresh juice from the fruits, making them expensive. However, CISH's technology may be revolutionary in the sense that mango pulp extracted from the fruits during their season can be stored using food-grade preservatives and used to make wines even when fresh fruits are not available in the market. "The best part is that the aroma, flavour and taste of the fruit will not be lost while preparing the wine under standardised conditions," said a Senior Scientist at the institute. CISH has experimented with varieties of mangoes grown in Malihabad such as Dussehri, Amrapali, Mallika, Chausa and Langda in making the wine. The mango pulp is fermented using sugar and yeast, which in the process releases alcohol. Mango pulp has 10% to 12% alcohol content. Because it is not distilled, it does not lose nutritional properties. It also contains Lupeol, highly potent anti-cancerous bio-active compound.
Lucknow: UP is set to celebrate Van Mahotsav from July 1 to 7 under the guidance of Chief Minister Yogi Adityanath wherein the forest and wildlife department plans to plant a record 35 crore saplings across Uttar Pradesh, the highest in country.The department, working in close coordination with various other departments, has gathered 52.33 crore saplings and completed advance soil work on 72,912 hectares of land.A review meeting led by forest and environment minister Arun Kumar Saxena was held fo ...Read More >
July NY world sugar #11 (SBN25) on Thursday closed down -0.33 (-2.07%), and August London ICE white sugar #5 (SWQ25) closed down -1.10 (-0.23%). Sugar prices on Thursday extended their three-month-long selloff, with NY sugar dropping to a 4-year nearest-futures low. Sugar prices have been under pressure over the past three months due to expectations of a global sugar surplus. On May 22, the USDA, in its biannual report, projected that global 2025/26 sugar production would increase by +4.7% y/y t ...Read More >
Dehradun, Jun 6 (PTI) The Centre and Uttarakhand government are committed to making the state a national hub of horticulture, Union Agriculture Minister Shivraj Singh Chouhan said on Friday. Interacting with farmers at a Kisan Chaupal in Pavwala Sauda village under Doiwala block of Dehradun, the agriculture minister said, "The quality of fruits, grains and vegetables grown in Uttarakhand is unique and they have full potential to make a mark at the global level." "The Centre and the state government together will make Uttarakhand a national hub of horticulture," he said. During his visit, the ...Read More >
New Delhi, July 15 (SocialNews.XYZ) The central government on Tuesday denied media reports which claimed that the Ministry of Health has issued health warnings on Indian snacks such as samosas, jalebi, and laddoo to fight obesity crises in the country. It noted that the warning labels on food issued by the Ministry of Health are "not selective towards Indian snacks". "Some media reports claim that the @MoHFW_INDIA has issued a health warning on food products such as samosas, jalebi, and laddoo. This claim is fake. The advisory of the Union Health Ministry does not carry any warning labels on ...Read More >
New Delhi, June 27: In a significant boost to India's horticultural exports, the Centre's Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the flagging off of the first consignment of one metric tonne of rose-scented litchi from Punjab's Pathankot to Doha in Qatar, according to an official statement issued on Friday. In addition, 0.5 metric tonne of litchi was also exported to Dubai, UAE, from Pathankot this week, marking a twin export achievement and reinforcing India's potential in global fresh fruit markets. This milestone initiative, undertake ...Read More >
New Delhi, Jul 3 (PTI) India's sugar sector has grown to become a Rs 1.3 lakh crore industry, and it is driving rural prosperity and energy security, Union Food Minister Pralhad Joshi said on Thursday. The minister was addressing the 'Cooperative Sugar Industry Conclave 2025' & 'National Efficiency Award Ceremony'. "Under the PM Shri @narendramodi ji's leadership, India's sugar sector has grown into a Rs 1.3 lakh crore industry (annually), driving rural prosperity, energy security and green power through reforms like record ethanol blending and Atmanirbharta in fuel," Joshi said on a social ...Read More >
Srinagar (Jammu and Kashmir) [India], July 5 (ANI): Union Minister for Agriculture, Farmers' Welfare and Rural Development Shivraj Singh Chouhan attended the sixth convocation ceremony of Sher-e-Kashmir University of Agricultural Sciences and Technology (SKUAST-K), Srinagar, and conferred degrees upon the graduates. On the second day of his visit to Jammu & Kashmir on Friday, Shivraj Singh said, 'I've been in Srinagar since yesterday. The cool breeze, the fragrance of the soil, the natural beauty, and the warmth of the people have truly touched my heart. Jammu & Kashmir is the crown jewel of ...Read More >
New Delhi: Economic think tank GTRI on Saturday cautioned that allowing genetically modified (GM) farm products from the US under the proposed trade pact would have implications for India, as it may affect the country's agri exports to regions like the European Union. India and the US are negotiating an interim trade pact, which is expected to be announced before July 9. The Global Trade Research Initiative (GTRI) said that allowing the import of GM products such as soybean meal and distillers dried grains with solubles (DDGS) for animal feed would affect India's agricultural exports to the E ...Read More >
Jammu (Jammu and Kahmir) [India], July 8 (ANI): The Department of Horticulture Jammu, organied a one-day Capacity Building-cum-Training Programme for farmer, epecially targeting the empowerment of women at Pargwal under the chairmanhip of MLA Akhnoor Mohan Lal. The event witneed the preence of Director Horticulture Jammu Gul Sayed, Chief Horticulture Officer Rakeh Kotwal, Ditrict Level Subject Matter Specialit Rakeh Bhagat and Horticulture Development Officer Khour Amit Saraf. The programme drew a large number of farmer from the area, epecially the women. The trong turnout reflected the keen ...Read More >
NEW DELHI : The idiom advising one not to compare apples and oranges is a cliché -- a figurative expression that a fruit lover can safely ignore. But anyone with an interest in the origin, spread, popularity, and market dynamics of a fruit or a vegetable can and must draw comparisons. In that spirit of enquiry, one may compare apples and mangoes, more so as they appear to be headed in different directions. Apples are vying for eternal glory, while mangoes are in tatters. Sample these numbers: In 2024-25, India's mango exports, including fresh fruit and pulp, were valued at just ₹1,150 crore. ...Read More >
New Delhi [India], July 15 (ANI): The Union Ministry of Health and Family Welfare has debunked media reports claiming that the Ministry has directed the issue of Warning Labels on food products such as samosas, jalebis, and laddoos, calling them misleading, incorrect, and baseless. The Union Health Ministry had separately issued an advisory which is an initiative towards making healthier choices at work places. It advises about display of Boards in various workplaces such as lobbies, canteens, cafeterias, meeting rooms etc., to raise awareness on harmful consumption of hidden fats and excess ...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 >
Vice President Jagdeep Dhankhar suggests empowering rural youth to drive change in India's underutilized agricultural sector during his visit to Dr YS Parmar University. He advocates for direct subsidies to farmers, emphasizing the need for bridging the gap between production and market access and the use of AI for rural transformation. Vice President Jagdeep Dhankhar has called for empowering rural youth to catalyze significant transformation in India's largely untapped agricultural sector. Dur ...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 >
New Delhi: India has dispatched its first-ever consignment of rose-scented litchis to Qatar, marking a significant step in its push to expand exports of high-value horticultural produce, the Ministry of Commerce and Industry said on Friday. The shipment, comprising one tonne of the premium litchis from Pathankot, Punjab, was sent to Doha on 23 June, with support from the Agricultural and Processed Food Products Export Development Authority (Apeda). A smaller, half-tonne batch was simultaneously exported to Dubai. The fruit -- known for its delicate floral aroma and juicy sweetness -- has lon ...Read More >
NEW DELHI: Signalling the government's intent to move ahead with the impeachment motion of Allahabad High Court judge Justice Yashwant Varma, Union Minister Kiren Rijiju on Thursday said that main opposition parties have given their in-principle approval to support the motion in the upcoming monsoon session scheduled for July21-August 21. Rijiju said that the government is yet to decide whether the motion would be brought in the Lok Sabha or the Rajya Sabha. For the Lok Sabha, signatures of a minimum 100 MPs is required. The requirement is the support of at least 50 MPs in the Rajya Sabha. H ...Read More >
Kuppam (Chittoor district): Chief Minister N Chandrababu Naidu has called on pulp industries and processing units to immediately step up and procure mangoes from farmers. At a high-level meeting held at his residence in Kuppam on Thursday, Naidu assured farmers that the state government was committed to protecting their interests and would also provide necessary assistance to industries to keep the supply chain moving. The meeting brought together mango farmers, industry representatives, and government officials from the erstwhile Chittoor district. Officials informed the Chief Minister that ...Read More >
Lucknow, Jul 9 (PTI) Six states, including Punjab and Karnataka, sent teams to study the Uttar Pradesh's excise policy, which helped the state increase revenue every year, a state minister said on Wednesday. Speaking with PTI, Uttar Pradesh Excise and Prohibition Minister Nitin Agrawal said that teams from six states of Odisha, Madhya Pradesh, Andhra Pradesh, Karnataka, Maharashtra and Punjab visited the state to study the excise policy. Asked about the policy features that were liked by the states, the minister said that the states came to study the UP's revenue model which increased the st ...Read More >
Lucknow: The Lucknow Municipal Corporation (LMC) planted 1,37,312 saplings on Wednesday under the state-wide 'Ek Ped Maa Ke Naam 2.0' campaign.The plantation drive was held at multiple locations, with the main event taking place in Amrapali Yojana, Dubagga.The campaign saw active participation from local residents. MLA Pankaj Singh, who led the drive planted a Red Sandalwood sapling, while mayor Sushma Kharkwal planted a Rudraksh sapling.The plantation was carried out under the supervision of additional municipal commissioner Arvind Kumar Rao.In Bharawan Kala, 14,314 saplings were planted. Jan ...Read More >
New Delhi, July 15: The Union Health Ministry on Tuesday termed reports claiming it has directed vendors to put warning labels on food items such as samosas, jalebis and laddos as "misleading, incorrect, and baseless". It clarified that its advisory on health messaging about hidden fats and excess sugar in various food items is not a directive for vendors to put warning labels on their products, and underlined that it does not target India's rich street food culture. The general advisory is a behavioural nudge to make people aware of hidden fats and excess sugar in all food products, and not ...Read More >
BCL Industries is investing Rs 150 crore to set up a bio-energy plant in West Bengal, aiming to enhance ethanol production as part of India's green energy push. The project, along with another in Punjab, is set for completion in 18-24 months. The company is also venturing into biogas production in Haryana with a Rs 350 crore investment. In a significant move towards enhancing India's green energy landscape, BCL Industries announced on Wednesday its plans to invest Rs 150 crore in a bio-energy pl ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
Agartala, June 29 (SocialNews.XYZ) In a bid to boost the farmers' income, in all 22 foreign improved varieties and 13 indigenous improved varieties of mango are being experimentally cultivated at the Horticulture and Research Centre, at Nagichara in West Tripura, Agriculture and Farmers' Welfare Minister Ratan Lal Nath said on Sunday. Addressing the Monsoon Mango Fiesta-2025 at Narikel Kunj in Gandatwisa under tribal inhabited Dhalai district, the minister said that since the BJP government came to power in 2018, around 706 hectares of new area have been brought under mango cultivation throug ...Read More >
New Delhi, Jul 3 (PTI) India's sugar sector has grown to become a Rs 1.3 lakh crore industry, and it is driving rural prosperity and energy security, Union Food Minister Pralhad Joshi said on Thursday. The minister was addressing the 'Cooperative Sugar Industry Conclave 2025' & 'National Efficiency Award Ceremony'. Also Read | RBI Bank Holiday List for July 2025: Banks To Remain Closed on These Days This Month, Check Region-Wise Bank Holidays Dates. "Under the PM Shri @narendramodi ji's leadership, India's sugar sector has grown into a Rs 1.3 lakh crore industry (annually), driving rural pr ...Read More >
Lucknow: Promising a sensory delight, the much-awaited Mango Mahotsav 2025 is set to enthrall mango lovers, farmers, exporters and culture enthusiasts alike from July 4 to July 6 at Avadh Shilp Gram, Avadh Vihar Yojna.Organised by the department of horticulturethe festival, to be inaugurated by CM Yogi Adityanath, will showcase hundreds of colourful mango varieties carefully selected from orchards across India. From the luscious Dussehri and Langda of Uttar Pradesh to Alphonso, Kesar, and other regional favourites, the exhibition will celebrate the incredible biodiversity of the country's mang ...Read More >
New Delhi: Economic think tank GTRI on Saturday cautioned that allowing genetically modified (GM) farm products from the US under the proposed trade pact would have implications for India as it may affect the country's agri exports to regions like the European Union. India and the US are negotiating an interim trade pact, which is expected to be announced before July 9.The Global Trade Research Initiative (GTRI) said that allowing the import of GM products such as soybean meal and distillers dried grains with solubles (DDGS) for animal feed would affect India's agricultural exports to the Eur ...Read More >
VIJAYAWADA: Andhra Pradesh has emerged as a leading horticultural hub, recording a production of 275.13 lakh metric tonnes from 15.98 lakh hectares, ranking fifth in the country in horticultural output, said Governor S Abdul Nazeer. Speaking at the 6th Convocation of Dr YSR Horticultural University held at Swarna Bharat Trust in Atkur, Krishna district, on Thursday, the Governor noted the State's leadership in producing crops like chilli, cocoa, lime, oil palm, papaya, tomato, cashew, mango, banana, and sweet orange. He credited this success to advances in productivity and the expansion of cu ...Read More >
New Delhi [India], July 13 (ANI): With food prices lagging seasonal trends and driving headline Consumer Price Index-based retail inflation below 4 per cent since February 2025, Union Bank of India has revised downwards its 2025-26 headline inflation forecast from 4 per cent to 3.6 per cent (largely aligned with the RBI' forecast of 3.7 per cent). The June retail inflation data is due early next week. In a report, the bank said June 2025 retail inflation will be at 2.3 per cent, with the worst seems to be over for now. According to them, July figures would be the near-term bottom. '...in ou ...Read More >
New Delhi [India], July 15 (ANI): The Indian Sugar & Bio-Energy Manufacturers Association (ISMA) wrote a letter to Piyush Goyal, Minister of Commerce and Industry, voicing concerns regarding the potential removal of restrictions on ethanol imports for fuel blending, amidst ongoing trade discussions with the United States. In the letter, ISMA emphasised the critical role of the Ethanol Blending Programme (EBP) in promoting clean energy and uplifting Indian farmers. ISMA highlighted that the government's clear policy direction, anchored in the National Policy on Biofuels (2018) and supported b ...Read More >
New Delhi, Dec 18 (PTI) Renewable energy player BCL Industries on Wednesday said it is setting up a bio-energy plant in West Bengal with an investment of Rs 150 crore. The company has also received an environment clearance for its 75 KLPD (kilo litres per day) plant coming up in Kharagpur, it said. Additionally, the work on a similar project with 75 KLPD capacity in Bathinda, Punjab is in full swing. Both the projects are expected to be completed within a time period of 18-24 months, it said. In India, ethanol production is a key part of promoting bio-energy and biofuels, contributing to t ...Read More >