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.
Bengaluru (Karnataka) [India], July 5 (ANI): Two-time Olympic medallist Neeraj Chopra took the top honours in the inaugural edition of the Neeraj Chopra Classic, a competition named after him at Sri Kanteerava Outdoor Stadium in Bengaluru on Saturday. The reigning javelin throw champion stood triumphant with 86.18m in a competition named after him. Kenya's Julius Yego notched up his season best and settled for second with 84.51m. Sri Lanka's Rumesh Pathirage claimed the third position with a best throw of 84.34m. While some athletes came close to challenging Neeraj's supremacy, the Indian's finesse remained unmatched by the end of the tournament. Even though it wasn't another 90m outing for the 27-year-old, he stamped his authority by conquering the challenge that he encountered and ensured that he continued to stay inside the top two since June 26, 2021. In front of an ebullient crowd, India's Sahil Silwal, left-handed, kicked off the proceedings at Sri Kanteerava Outdoor Stadium. He let out a roar after releasing the javelin from his hand and registered a throw of 77.48m. Rohit Yadav, a World Championships finalist, recorded a distance of 77.11m. Neeraj fouled on his first attempt and got on the board with a throw of 82.99m. He raised his hand after releasing the javelin and got the crowd going. He went to the top of the standings, bettering the 81.90m attempt from Rumesh Pathirage of Sri Lanka. Yashvir Singh, who started the event with a foul attempt, struck a distance of 76.20m in his second try. At the same time, Sachin Yadav managed 77.30m in his second try after fouling his first. Rumesh momentarily added a twist to the script by reclaiming the top spot with 84.34m, forcing Neeraj to slip to second. However, his attempt sparked a competitive fire in Neeraj, who responded boldly by sending his javelin to a distance of 86.18m to move to the summit after his third attempt. The bottom four in the standings were bound to get eliminated after the first three throws. Rio Olympics champion Thomas Rohler, who struggled to get the desired distance, saw his run in the competition end with 75.85m being his best. Sahil, Rohit, and Martin Konecny fouled their third throws and crashed out of the race for the top spot. With the last eight competitors decided, Neeraj tried to improve his best effort but didn't achieve the distance or height he yearned for. He deliberately strayed past the white line to register his second foul throw at the event. 'Mr YouTube' Julius Yego had a beaming smile on his face after his fourth try. The Kenyan athlete struck his season-best distance with a splendid 84.51m. Sachin's situation didn't improve after 82.33m. With the crowd behind Neeraj clapping in rhythm, the two-time gold medallist didn't enhance his top distance but managed 84.07m. In the sixth round, Curtis Thompson acknowledged the crowd after his final 81.50m throw and finished sixth in the standings. Sachin, an Asian silver medallist, had a disappointing outing and settled for the fourth spot after a foul in his last throw. Yego finished second with a strong 82.45 and turned towards the stands to acknowledge the crowd. Before Neeraj turned up for one final attempt, the top three were decided, along with his spot at the summit. With the crowd behind him, 82.22m flashed on the screen as Neeraj stood triumphant and kept his top-two streak intact on his home turf. (ANI)
New Delhi [India], December 3 (ANI): Indian hockey player Jarmanpreet Singh said that the return of the Hockey India League (HIL) will help up-and-coming players learn more about the overseas players and would help India in ultimately securing the gold medal in Los Angeles 2028 Olympics. Jarmanpreet spoke to ANI about the return of the Hockey India League, team India winning the Paris Olympics 2024 bronze and the Asian Champions Trophy, the retirement of legendary goalkeeper PR Sreejesh etc. Speaking about the return of HIL, Jarmanpreet said to ANI, "Yes (if it will help Team India get LA 20 ...Read More >
Mumbai (Maharashtra) [India], December 11 (ANI): The Indian stock markets continue to be in a consolidation phase as both indices opened flat on Wednesday. The Nifty 50 index opened at 24,620.50 points with a surge of 10.45 points or 0.04 per cent, while the BSE Sensex opened at 81,568.39 with a gain of 58.34 points or 0.07 per cent. Also Read | 'Suriya 45': Is Trisha Krishnan the Female Lead in Suriya Sivakumar's Upcoming Film With RJ Balaji? Check Out the Viral Photos. Experts noted that the US Consumer Price Inflation data will be the major event for markets globally. However, the consol ...Read More >
Dehradun: Junior world champion Parth Rakesh Mane was shooting in a world of his own during the 10m air rifle final at the National Games, oblivious of the fact that the competition included two Paris Olympians and the 2022 world champion. After 10 shots, Mane jumped into the lead with 106.3 points. The 17-year-old had logged 10.6 or more in eight of his 10 shots to firmly put himself on course to clinch the gold medal. With a perfect 10.9 squeezed in between, he was more than two points ahead of second-placed Rudrankksh Patil (104.1). The steady domination continued till the end. Only once ...Read More >
New Delhi [India], June 6 (ANI): Prime Minister Narendra Modi on Friday reaffirmed India's commitment to fighting terrorism, stating that India stands firm and resolute in its collective fight against this threat in the backdrop of the April 22 Pahalgam terror attack, which claimed the lives of 26 tourists. Prime Minister Narendra Modi expressed optimism about strengthening ties with Central Asia, following the 4th India-Central Asia Dialogue and posted on X, 'Delighted to meet with the Foreign Ministers of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. India deeply che ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advanced Systems Ltd (TASL) for manufacturing key sections of the Rafale fighter jet, including the lateral ...Read More >
India Quality Conclave 2024: Driving Excellence in Quality Management Presto Group proudly presents the India Quality Conclave 2024, set to take place on November 30 at Crowne Plaza, New Delhi. This transformative event will bring together industry leaders from packaging, FMCG, pharmaceuticals, and other sectors to discuss cutting-edge quality improvement practices. Key highlights include strategies for cost reduction, boosting QC team productivity, and ensuring hassle-free audits. Attendees will benefit from keynote speeches, case studies, panel discussions, and a special book launch, Per ...Read More >
India's D. Gukesh is set to face reigning World Chess Champion Ding Liren in Game 3 of the 2024 World Chess Championship at Resorts World Sentosa in Singapore. After losing the first game, Gukesh managed to hold Ding to a draw in the second round while playing with Black. In Game 3, Gukesh, now with White, aims to reduce Ding's lead and fight for an equal footing in the series. The match will be streamed live on platforms like FIDE's YouTube and Chess.com, with live updates available on Sportstar’s match blog. Fans can follow all the exciting action as it unfolds. ...Read More >
New Delhi [India], June 6 (ANI): Paris Olympics bronze medallist Sarabjot Singh and Swapnil Kushale, along with shooter Sift Kaur Samra expressed their delight as India is set to witness its first-ever franchise league in sport shooting, tentatively named the Shooting League of India (SLI) organised by the National Rifle Association of India (NRAI) which will take place later this year from November 24 to December 7. The proposal, put forward by NRAI President Kalikesh Narayana Singh Deo, has been approved by the Governing Body, the national federation's highest decision-making authority. Sp ...Read More >
New Delhi [India], June 6 (ANI): Indian stock markets opened on a cautious note on Friday, as investors remained in a wait-and-watch mode ahead of the Reserve Bank of India's key monetary policy announcement. The policy decision is scheduled to be announced at 10 AM. The benchmark indices reflected this cautious mood. The Nifty 50 opened at 24,748.70, down just 2.20 points or 0.01 per cent. Similarly, the BSE Sensex also opened flat at 81,434.24, down 7.80 points or 0.01 per cent. Experts believe that any decision on the policy rate could significantly influence the market sentiment, especia ...Read More >
New Delhi [India], June 6 (ANI): Prime Minister Narendra Modi on Friday reaffirmed India's commitment to fighting terrorism, stating that India stands firm and resolute in its collective fight against this threat in the backdrop of the April 22 Pahalgam terror attack, which claimed the lives of 26 tourists. Prime Minister Narendra Modi expressed optimism about strengthening ties with Central Asia, following the 4th India-Central Asia Dialogue and posted on X, "Delighted to meet with the Foreign Ministers of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. India deeply che ...Read More >
New Delhi [India], December 11 (ANI): Rohini District Court on Wednesday issued a notice to BJP MP Bansuri Swaraj in a civil defamation suit filed by AAP leader Satyendra Jain. Jain has stated that Bansuri Swaraj made defamatory remarks in an interview with a television channel in October 2023. Senior Civil Judge Naina Gupta issued notice to Bansuri Swaraj and others and sought a response to the suit. The next date of hearing is 22 February 2025. Jain has prayed for direction to the TV channel to take down the content in question and restrain her from making further statements. Jain has cla ...Read More >
The books for class 9-12 will be available from 2026-27. New Delhi: The National Council of Educational Research and Training (NCERT) has reduced the prices of books for classes 9 to 12 by 20 per cent. The decision was announced by NCERT Director Dinesh Prasad Saklani during an event held in the national capital on Monday. The reduction in the prices of books will be effective from the upcoming academic year. News agency PTI quoted the minister as saying that while the textbooks for classes 9- ...Read More >
New Delhi, Dec 18 (PTI) Gold prices fell Rs 200 to Rs 79,100 per 10 grams in the national capital on Wednesday amid a firm trend in international markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity settled at Rs 79,300 per 10 grams in the previous session. Snapping a three-day losing run, silver climbed Rs 500 to Rs 92,000 per kg on Wednesday. It closed at Rs 91,500 per kg on Tuesday. In the last three sessions, the white metal plunged Rs 5,500 per kg. The price of gold of 99.5 per cent purity slipped Rs 200 to Rs 78,700 per 10 grams from the ...Read More >
Mumbai (Maharashtra) [India], June 7 (ANI): India's first-ever professional basketball league has been launched, with the competition set to feature structured competitive league in 5x5 and 3x3 formats for both men and women, establishing a comprehensive professional ecosystem that opens the door for athletes across the country to pursue basketball as a viable career. This league, launched on Friday, is a collaboration between the Basketball Federation of India (BFI) and ACG Sports Private Limited. Designed to redefine how the sport is played, experienced, and supported in India, the league a ...Read More >
Mumbai (Maharashtra) [India], December 2: Dosti Realty, a leading brand in the real estate sector recognised for delivering exceptional residential experiences and premium lifestyle projects across the Mumbai Metropolitan Region has announced the "Good Buy 2024" campaign for aspiring homeowners. An ideal way to bid farewell to the year, the Dosti Realty campaign is designed to resonate with the spirit of the year-end, inspiring homebuyers to make meaningful investments that shape their future. Also Read | Farmers Protest: Massive Congestion at Delhi-Noida Border as Police Set Up Barricades Ah ...Read More >
New Delhi [India], June 5 (ANI): Silver prices on Thursday, crossed USD 35 mark per ounce and hit its highest level since March 2012, boosted by a combination of factors such as weaker US dollar, rising geopoltical tension and robust industrial demand. 'With the trust in dollar decreasing silver appears to be a good avenue for money to move to and the Gold Silver ratio was recently above 1.10 so the only way forward was either silver prices rise up or gold prices fall, and thats what has happened silver has risen far more than gold,' said Mrinesh Jain Director, Bombay Bullion Metal Hub LLP. ...Read More >
Bengaluru, Jun 6 (PTI) Poland's Martin Konecny replaced Asian Games bronze medallist Genki Dean of Japan as the organisers on Friday confirmed the 12-man entry list for the rescheduled Neeraj Chopra Classic international javelin event, to be held on July 5. India's first-ever international javelin competition, originally slated for May 24, was postponed due to military tensions between India and Pakistan last month. Organised by double Olympic medallist Neeraj Chopra in collaboration with JSW Sports and sanctioned by the Athletics Federation of India (AFI), the event will feature a world-cla ...Read More >
Neeraj Chopra's invitational javelin event - NC Classic 2025 - has been rescheduled to be held on July 5 in Bengaluru, organisers JSW Sports confirmed on Tuesday. The NC Classic was postponed from its original May 24 date last month due to the India-Pakistan cross-border conflict last month. Some of the world's top stars are set to line up for the event at the Kanteerava Stadium next month. Former World Champions Anderson Peters and Julius Yego, as well as Rio 2016 champion Thomas Rohler, were a ...Read More >
Chandigarh, Jan 8 (PTI) Long-jump great Anju Bobby George was on Wednesday named chairperson of the Athletics Federation of India's nine-strong athletes commission that features six women with javelin throw star Neeraj Chopra being its most prominent male member. The other women in the new panel are runner Jyotirmoyee Sikdar, discus thrower Krishna Poonia, hurdler MD Valsamma, steeplechaser Sudha Singh and runner Sunita Rani. George, a 2003 world championships bronze-winner, is also a senior vice president in the AFI. Also Read | FC Goa vs Hyderabad FC, ISL 2024-25 Live Streaming Online on J ...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 >
New Delhi [India], June 6 (ANI): Prime Minister Narendra Modi on Friday reaffirmed India's commitment to fighting terrorism, stating that India stands firm and resolute in its collective fight against this threat in the backdrop of the April 22 Pahalgam terror attack, which claimed the lives of 26 tourists. Prime Minister Narendra Modi expressed optimism about strengthening ties with Central Asia, following the 4th India-Central Asia Dialogue and posted on X, 'Delighted to meet with the Foreign Ministers of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. India deeply che ...Read More >
Mumbai, June 8 (SocialNews.XYZ) Jyothi Yarraji, Tejas Ashok Shirse, and Abdulla Aboobacker won the gold as India dominated the track in the 2025 Taiwan Athletics Open, finishing with six gold medals in the World Athletics Continental Tour Bronze meet held in Taipei on Saturday. Pooja in women's 1500m and the quartet of Sudheeksha Vadluri, Sneha Sathyanarayana Shanuvalli, Abinaya Rajarajan, and Nithya Gandhe in the women's 4x100m relay picked the other two gold medals for India in the event. The Indian quartet of Gurindervir Singh, Animesh Kujur, Manikanta Hoblidhar, and Amlan Borgohain added ...Read More >
New Delhi: Gold prices slipped below Rs 79,000 per 10 kg in the national capital on Wednesday due to poor offtake by stockists and retailers amid weak global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity fell by Rs 150 to Rs 78,850 per 10 grams. It had closed at Rs 79,000 per 10 grams in the previous session. Price of gold of 99.5 per cent purity extended the losses for the third straight day, declining by Rs 150 to Rs 78,450 per 10 grams from the previous close of Rs 78,600 per 10 grams. However, silver rose Rs 100 to Rs 92,500 per kg. On ...Read More >
MUMBAI (Reuters): The Indian rupee weakened to its lifetime low on Tuesday, hurt by concerns about a widening trade deficit and likely outflows from local equities, although intervention by the central bank capped losses. The rupee hit a low of 84.93 against the US dollar, before closing at 84.8950, down 0.04% on the day. Benchmark Indian equity indexes BSE Sensex and Nifty 50, closed lower by over 1% each, dragged by weakness in financial stocks and Reliance Industries. Investor sentiment was also dampened after data on Monday showed that India's merchandise trade deficit rose to a record h ...Read More >
New Delhi [India], December 17 (ANI): The fit India movement took a significant stride towards a healthier and greener India with the launch of the 'Fit India Cycling Drive' on Tuesday morning at the Major Dhyan Chand National Stadium in New Delhi, according to a release from the Ministry of Youth Affairs & Sports. The event was flagged off by Union Minister of Youth Affairs and Sports, Mansukh Mandaviya, in the presence of Minister of State for Youth Affairs and Sports, Raksha Nikhil Khadse, MP Tejasvi Surya, as well as elite athletes, including Paris Paralympics bronze medalist Simran Sharm ...Read More >
On a flatter course and in cooler weather, a competitive field, including in-form defending champions Daniel Ebenyo and Sutume Kebede, poses a threat to event records of the Tata Steel World 25K Kolkata, to be held here on Sunday. Ebenyo and Sutume are keen to run fast and lower their event records, 1:11.13 and 1:18:47, in men's and women's events, respectively and claim the winner's purse of $15,000 each apart from the record bonus of $5,000. Apart from the return of the defending champions fo ...Read More >
Mumbai: Drugs, gold and other expensive or illegal items are often seized from passengers during inspection at Chhatrapati Shivaji Maharaj International Airport in Mumbai, the country's financial capital. However, this time, customs officials seized as many as 48 poisonous snakes and 5 turtles from a passenger. Even the security guards were alarmed when it came to light that the passenger had been found with poisonous snakes. The passenger concerned had been to Thailand and had taken a flight from Bangkok on his way to India. At Mumbai's airport, customs found 48 poisonous snakes and five tur ...Read More >
New Delhi [India], June 6 (ANI): Paris Olympics bronze medallist Sarabjot Singh and Swapnil Kushale, along with shooter Sift Kaur Samra expressed their delight as India is set to witness its first-ever franchise league in sport shooting, tentatively named the Shooting League of India (SLI) organised by the National Rifle Association of India (NRAI) which will take place later this year from November 24 to December 7. The proposal, put forward by NRAI President Kalikesh Narayana Singh Deo, has been approved by the Governing Body, the national federation's highest decision-making authority. Sp ...Read More >
New Delhi [India], June 6 (ANI): External Affairs Minister S Jaishankar, chairing the 4th India-Central Asia Dialogue in Delhi on Thursday, reaffirmed India's commitment to deepening its strategic partnership with Central Asian nations, with a special focus on connectivity, security, and technological collaboration. The session brought together top diplomats from Kazakhstan, Turkmenistan, Kyrgyzstan, Tajikistan, and Uzbekistan, reflecting a growing determination to address shared regional challenges and opportunities. Also Read | Elon Musk Warns Trump's Aggressive New Trade Tariffs Could Tri ...Read More >
Jaipur: Chief minister Bhajan Lal Sharma Friday flagged off the first air-conditioned 'Rajasthan Vahini Bharat Gaurav Tourist Train' from Durgapura railway station under the Devasthan department's Senior Citizens Pilgrimage Scheme-2025. This initiative marked the beginning of the pilgrimage to Rameshwaram, carrying around 800 passengers.Under the scheme, 50,000 senior citizens will travel to 13 different pilgrimage sites via AC trains for the first time this year. The eight-day journey is the longest among the Devasthan department's pilgrimages, including visits to the Ramanathaswamy Jyotirlin ...Read More >