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.
Berhampur: In a harrowing turn of events, 28-year-old P Venkataramana, a native of Samarjhola village under Hinjili block in Ganjam district, was among the three Indians abducted by Al Qaeda-affiliated militants in the West African nation of Mali. The incident unfolded after a brazen armed assault on July 1 at Diamond Cement Factory in Kayes, where Venkataramana is employed. A technician by profession, Venkataramana had been working with Blue Star, a Mumbai-based company, for the past six months. His assignment to Mali, under the firm's contract with Diamond Cement, turned tragic when gunmen stormed the factory premises, taking him and two fellow Indian workers hostage. The news has plunged his family into deep anguish. His distraught mother, P Narasamma, rushed to Hinjilicut police station and submitted a written plea on Friday, fervently seeking the intervention of the authorities for her son's safe return. The family's repeated attempts to contact him have failed, heightening their anxiety. A representative from Blue Star reached out to the family from Mumbai, advising them not to panic, yet providing little reassurance. The family's fears were soon confirmed by official sources. The Ministry of External Affairs (MEA), in a strongly-worded statement, condemned the abduction as a "deplorable act of violence" and urged the Malian government to take urgent steps for the safe release of the captives. The Indian Embassy in Bamako is reportedly maintaining liaison with Malian authorities, local security agencies and the factory management to trace the whereabouts of the abductees. In its advisory, the MEA has also appealed to all Indians residing in Mali to remain vigilant and exercise the highest degree of caution, given the surge in extremist activity in the region. As hope flickers amidst uncertainty, the nation stands in solidarity with the families of the abducted, praying for their safe return from the clutches of terror.
Jaipur: The family of Jaipur resident Prakash Chand Joshi who was taken hostage in a terror attack in Mali has appealed to Prime Minister Narendra Modi to intervene in the matter and ensure his safe return. The family believes that PM Modi has ensured safe return of Indians trapped in hostile situations from several countries in the past and can also ensure the safe return of Joshi and two others trapped in Mali. The family is in constant touch with the Indian embassy in Mali's capital city of Bamako besides the Hyderabad-based company in which he worked and the Ministry of External Affairs ...Read More >
New Delhi: A major row has erupted after Muhammad Yunus presented a book to a visiting Pakistani general with a map of India that shows the northeastern states as part of Bangladesh. This took place during the visit of Pakistan's joint chiefs of staff committee chairperson, General Sahir Shamshad Mirza, to Dhaka over the weekend. The meeting came amid a recent thaw in ties between Pakistan and Bangladesh. This policy shift took place after the ouster of former Bangladeshi prime minister Sk Hasina from the country in August 2024. Yunus took over as head of an interim government within days. S ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
New Delhi: Three Indian nationals have been abducted in Mali amid a surge in terrorist violence across the West African country. On Wednesday, India expressed serious concern over the incident and urged the Malian authorities to ensure the safe return of the kidnapped persons. "The Ministry of External Affairs is deeply concerned about the abduction of three Indians employed at the Diamond Cement Factory in Kayes, Mali. The kidnapping took place on July 1, 2025, when armed attackers stormed the factory and took the three workers hostage," the MEA said in a statement. The Indian Embassy in Ba ...Read More >
Jammu, Jul 19 (PTI) The Indian national allegedly abducted by terrorists in the West African country Niger is a resident of Jammu and Kashmir's Ramban district, said his wife on Saturday, requesting the Central government's intervention for his safe release. Sheela Devi said that her husband Ranjeet Singh was working as a senior safety officer at Transrail Lighting Limited, an integrated power transmission and distribution company. She said the family lost contact with him on July 15. Also Read | Bihar Electoral Roll Revision: Nearly 42 Lakh Electors Not Found at Addresses During the Ongoing ...Read More >
The Indian Visa Application Centre (IVAC) at Jamuna Future Park in Dhaka, the primary integrated centre handling all Indian visa services in the capital, closed its operations from 2 pm on Wednesday. "In view of the ongoing security situation, we wish to bring to your kind notice that IVAC JFP Dhaka will be closed at 2 pm today," the IVAC said in a statement. It added that all applicants with appointments scheduled for submission on Wednesday would be rescheduled for a later date, PTI reported. Earlier in the day, the Ministry of External Affairs (MEA) in New Delhi summoned Bangladesh High ...Read More >
New Delhi: Prime Minister Narendra Modi begins a significant five-nation diplomatic tour today, starting with Ghana, marking the first visit by an Indian Prime Minister to the West African country in three decades. The eight-day tour aims to deepen India's strategic, economic, and development partnerships across Africa, Latin America, and the Caribbean. According to the Ministry of External Affairs, both sides will explore enhanced cooperation in key areas such as: India and Ghana enjoy longstanding diplomatic relations, with India contributing to Ghana's development through technical traini ...Read More >
Koraput (Odisha) [India], July 6 (ANI): Congress MP from Assam's Koraput, Saptagiri Sankar Ulaka, said that a resident of Hinjili in Ganjam district, Odisha, who has been kidnapped in the African country of Mali is out of communication and requested the External Affairs Ministry to take cognizance of the matter. An al-Qaeda abducted three Indians linked terrorist group in West Africa's Mali. 'A resident of Hinjili in Ganjam district, Odisha, has been kidnapped in the African country of Mali. And he has been out of communication. We are deeply concerned about his safety and would request the ...Read More >
Bengaluru: Congress President Mallikarjun Kharge was admitted to MS Ramaiah Hospital in Bengaluru after developing a fever late Tuesday night, sparking concern among party workers and political leaders across the country. Doctors at the hospital are closely monitoring his condition and have assured that there is no immediate cause for alarm. Kharge, 83, was reportedly brought to the renowned medical facility after he complained of persistent fever. A medical team quickly initiated a series of diagnostic tests to determine the cause. While his condition is said to be stable, doctors have kept ...Read More >
New Delhi, Dec 17 (SocialNews.XYZ) The Ministry of External Affairs (MEA) summoned Bangladesh High Commissioner to India, Riaz Hamidullah on Wednesday to convey New Delhi's strong concerns over the deteriorating security environment in Bangladesh. According to the MEA, the Bangladeshi envoy's attention was drawn specifically to the activities of some extremist elements who have announced plans to create a security situation around the Indian mission in Dhaka. India outrightly rejected the false narrative sought to be created by extremist elements regarding certain recent events in Bangladesh ...Read More >
Berhampur (Odisha), Jul 5 (PTI) A woman in Odisha's Ganjam district has moved police stating that she is unable to contact her son, who is working at a cement factory in the West African country of Mali, an official said on Saturday. P Narasama, a resident of Samarajhol village under Hinjili police station limits, said she is worried about her 28-year-old son P Venkatraman working in a cement factory in Kayes in Mali after getting the news about the abduction of three Indians working at a cement factory in the West African country. "I am very much worried about the fate of my son. I requeste ...Read More >
Berhampur: A 28-year-old man from Samarjhola village in Hinjilcut of Ganjam district is reportedly among three workers abducted from a cement factory in Mali. C Venkataramana was employed by Blue Star and had been working at the Diamond Cement Company's plant at Kayes in western Mali for the last six months. He was a supervisor at Diamond Cement Company in western Mali and was abducted while he was on his way to work. The abductors are believed to be from an outfit affiliated to Al Qaeda. Venkataramana's mother, P Narasama, said she is worried about her son in Kayes in Mali after getting the ...Read More >
Bhubaneswar/Berhampur: BJD chief Naveen Patnaik Saturday sought the personal intervention of External Affairs Minister S Jaishankar for the early and safe release of an Odisha resident allegedly abducted by militants in the West African country of Mali. Patnaik sought Jaishankar's intervention after the mother of 28-year-old P Venkatraman lodged a complaint at a local police station in Hinjili, Ganjam district. Venkatraman is a resident of Patnaik's Assembly constituency from which he has been elected for six consecutive terms since 2000. Taking to X, Patnaik said: "Concerned to know that P ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
Wednesday, 2 July 2025 () India has expressed grave concern over the abduction of three Indian nationals in Mali, who were employees of Diamond Cement Factory in Kayes. The abduction occurred during a coordinated armed assault on July 1. India has urged the Malian government to ensure the safe and swift release of its citizens, while the Indian embassy is working closely with local authorities. ...Read More >
Kerala Lottery Result SAMRUDHI SM 12 Results Live: The first winner of today's lottery game- SAMRUDHI SM 12 lottery- takes home Rs 1 crore as a cash prize. The Kerala lottery is one of the most trusted games in the country. Kerala Lottery Result Sunday 20-07-2025: The Kerala lottery is back with another fun game- that may lead you to win Rs 1 crore! The results for today's Kerala lottery games- SAMRUDHI SM 12 Sunday- are announced. The Kerala lottery results are announced here, so people with tickets for today's game can stay in touch with this live blog. Samrudhi Lottery Series: MN, MO, MP, ...Read More >
New Delhi, Oct 16 (PTI) The processing time for requests from the country's law enforcement agencies to Interpol to issue a Red Notice for the detention of a fugitive has drastically decreased, on average, from 14 months to three months now, CBI Director Praveen Sood said on Thursday. In his welcome address at a conference on 'Extradition of Fugitives: Challenges and Strategies' organised by the Central Bureau of Investigation (CBI) and inaugurated by Home Minister Amit Shah, Sood said only eight proposals for issuing Interpol notices are pending with the agencies currently, with the oldest o ...Read More >
New Delhi: The razing of a Durga temple in Dhaka's Khiliket area has cast a long shadow over India-Bangladesh ties, reviving questions about the safety of religious minorities in post-Hasina Bangladesh. With reports attributing the demolition to pressure from radical Islamist groups, the incident on Thursday represents a potential inflection point in India's foreign policy approach toward its eastern neighbour. "We understand that extremists were clamouring for demolishing the Durga temple in Khilkhet, Dhaka," External Affairs Ministry spokesperson Randhir Jaiswal said during a regular media ...Read More >
New Delhi, July 03: The government has expressed serious concern over the abduction of three Indian nationals from a cement factory in Mali following a string of coordinated terror attacks across the West African nation. According to the Ministry of External Affairs (MEA), the incident occurred on July 1 at the Diamond Cement Factory in Kayes, western Mali, where armed assailants stormed the premises and forcibly took three Indian employees' hostage. The abduction is believed to be part of a wider wave of terrorist attacks on military and government installations in western and central Mali o ...Read More >
New Delhi [India], July 3 : The Ministry of External Affairs (MEA) has expressed deep concern over the abduction ... New Delhi [India], July 3 : The Ministry of External Affairs (MEA) has expressed deep concern over the abduction of three Indian workers from a factory in Mali's Kayes region and urged authorities in the West African country to ensure their "safe and expeditious" rescue. "It has come to the knowledge of the Government of India that many military and government installations at multiple locations of western and central Mali were attacked by terrorists on July 1," the MEA said i ...Read More >
NEW DELHI, July 3 (Xinhua) -- India has demanded that the government of Mali secure the safe and expeditious release of three Indian nationals who were abducted two days ago in the West African nation. The three Indians were employed at the "Diamond Cement Factory" in Kayes, Mali. They were abducted on July 1 when a group of unidentified armed assailants carried out a coordinated attack at the factory premises where they were working, and later kept them as hostages. In an official statement, India's Ministry of External Affairs said, "The government of India unequivocally condemns this depl ...Read More >
Berhampur: Family members of a 28-year-old Ganjam worker are anxious that he might be among the three Indians abducted from a cement factory in Kayas, Mali, on July 1. Since July 1, the family is unable to communicate with P Venkatraman, who is working at the Diamond Cement Factory since Nov last year after being recruited through a Mumbai-based company, and fears he might be among those abducted.His mother, P Narasama (50), of Samarajhol village in Ganjam district's Hinjili, last spoke to him on June 30. "I am very worried about my son's fate and request the govt to ensure his safe return. Hi ...Read More >
New Delhi: As the global scramble for rare earth minerals intensifies, India is strategically deepening ties with countries across Africa, Latin America, and the Caribbean to secure long-term access to these critical resources. Ahead of Prime Minister Narendra Modi's upcoming visit to Ghana, Trinidad & Tobago, Argentina, Brazil, and Namibia from July 2 to 9, 2025, the Ministry of External Affairs on Thursday underscored India's growing focus on rare earth cooperation - signalling a calculated pivot in foreign policy to power India's ambitions in green technology, defence manufacturing, and di ...Read More >
New Delhi, July 2: Prime Minister Narendra Modi is set to embark on a significant five-nation tour beginning on Wednesday, marking a major diplomatic engagement aimed at strengthening India's global partnerships across Africa, Latin America, and the Caribbean. This eight-day tour will take the Prime Minister to Ghana, Trinidad and Tobago, Argentina, Brazil, and Namibia, with his first stop in Ghana, a country that no Indian Prime Minister has visited in the past three decades. PM Modi's visit to Ghana from July 2 to 3 marks his first-ever trip to the West African nation. Furthermore, this vis ...Read More >
Kolkata: Luxmi Group, owner of the iconic Makaibari Tea Estate, has acquired a majority stake in UK-based Brew Tea Co. Brew Tea deals exclusively with orthodox tea and has both an online and offline presence in the UK.Luxmi Group acquired an 80% stake in the company, while the remaining 20% remains with the existing promoters. After Tetley and Typhoo, this acquisition marks another British tea company being acquired by an Indian corporate, though it may not be of the same magnitude.Brew Tea Co was founded in Manchester by Phil and Aideen Kirby and has grown into a specialty tea brand, having a ...Read More >
Indians abducted in Mali: The Ministry of External Affairs (MEA) expressed its "deep concern" regarding the abduction of Indians, employed at the Diamond Cement Factory in Kayes. India on Wednesday expressed deep concern over the abduction of three Indian nationals in Mali amid a series of terrorist attacks in various parts of the West African country. A day after the Indians were abducted, New Delhi on Wednesday called upon the Mali government to take all necessary measures to secure their "safe and expeditious" release. The Ministry of External Affairs (MEA) expressed its "deep concern" reg ...Read More >
NEW DELHI: The US embassy in India has warned that "committing assault, theft, or burglary in the United States won't just cause you legal issues -- it could lead to your visa being revoked and make you ineligible for future US visas". The warning was issued days after a video of an Indian woman who tried to leave a store with a cart full of items without paying went viral. This also prompted the embassy to say, "The US values law and order and expects foreign visitors to follow all US laws."Responding to queries on the issue, the ministry of external affairs said that "whether a person is liv ...Read More >
Mumbai, Jun 7 (PTI) A delegation of Indian Olympic Association, Central and Gujarat state government met Commonwealth Sport officials in London to have a better understanding of the process and the framework relating to securing hosting rights of the 2030 Commonwealth Games in Ahmedabad. The delegation included IOA chief PT Usha and officials from the Union Sports Ministry as well as the Gujarat state government. They met the Commonwealth Sport officials over two days in London. While the proposals for the final bid are expected to be submitted by August 31, the selection of the host city fo ...Read More >
Ferozepur (Punjab) [India], July 3 (ANI): In a startling case of land fraud reported from Punjab's Ferozepur by a whistleblower, a woman and her son allegedly sold off a World War II-era airstrip used by the Indian Air Force in 1997. The case pertains to the fraudulent sale of the land of the historic Advance Landing Ground (ALG) of the IAF in Fattu Wala village here. The airstrip, used during the 1962, 1965, and 1971 wars, was allegedly sold by Usha Ansal and her son Naveen Chand Ansal of Dumani Wala village, currently residing in the national capital Delhi. Also Read | Amarnath Yatra 2025: ...Read More >
MUMBAI - India's regulator has restrained Jane Street Group from accessing the local securities market, dealing a severe hit to the US trading firm that generated more than US$2.3 billion (S$2.9 billion) in net revenue from equity derivatives in the South Asian nation in 2024. The Securities and Exchange Board of India (SEBI) said it would seize 48.4 billion rupees (S$722 million) from Jane Street, which it claimed is the total amount of unlawful gains made by the fund, according to the order. SEBI said that Jane Street Group entities "are restrained from accessing the securities market and ...Read More >