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.
New Delhi: There is a golden opportunity for the youth who are planning a career in toy design. If you want to step into the world of innovation and technology through toys by giving shape to your imagination, then for such students, Guru Gobind Singh Indraprastha University (IP University) has started a four-year undergraduate course in Toy Design and Development (B Des) from this academic session. This course was discussed in the opening ceremony of the 16th Toy Biz International B2B Exhibition held at Bharat Mandapam. The University of the School of Design and Innovation (USDI), IP University and the University School of Automation and Robotics (USAR) jointly participated in the exhibition. During this, the students displayed indigenous educational toys, games and interactive robots. The exhibition was inaugurated by Union Commerce and Industry Minister Piyush Goyal. This course has been designed for those youth who recognise the possibilities of the toy industry in India and want to make a successful career in it. The objective of the course is not only to promote the designing of traditional and modern toys but also to train the youth in smart and interactive toy development, keeping in mind creativity, education and entertainment. This is being considered an important step towards strengthening efforts like 'Make in India' and 'Vocal for Local' under the Self-reliant India campaign in the country.
WarmUp Ventures Founders L to R - Rajendra Lora ,Yogesh Chaudhary , Sharad Bansal Athera Venture Partners has roped in HDFC AMC's fund of funds as an LP for its Fund IV, while Warmup Ventures is launching its second fund. HDFC AMC invests in Athera's Fund IV Tech-focused venture capital fund Athera Venture Partners, formerly known as Inventus India, on Wednesday said that HDFC's fund of funds has invested in its Fund IV, which is scheduled to close in 2025. HDFC AMC's Select AIF FoF I Scheme will be a dominant LP in Athera's Rs 900-crore fund to be invested into fast-growing tech startups ...Read More >
New Delhi: Commerce and industry minister Piyush Goyal on Thursday urged Indian missions to ensure sharper trade intelligence, stronger global partnerships, and a coordinated push to boost India's exports and investment flows. He was interacting with Heads of Commercial Wings in 74 Indian Missions across 61 countries, the commerce ministry said in a statement. In a virtual interaction, Goyal reviewed trade promotion efforts and challenges in key markets, urging diplomats to act as the frontline of India's commercial diplomacy. Read more: As India and US gear up for trade deal, New Delhi see ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the report, e-commerce also rose significantly, led by increased shopper penetration and spending, especia ...Read More >
New Delhi, Sep 12 (PTI) India and the European Union (EU) are now maximising their efforts to finalise negotiations for a proposed free trade agreement by the end of this year, with both sides stressing their commitment to a comprehensive and balanced pact to benefit businesses and consumers. The official team of India and the EU are engaged in the 13th round (September 8-12) of negotiations for the agreement here. EU Trade Commissioner Maros Sefcovic and the European Commission's Agriculture Commissioner Christophe Hansen are here to review the progress of talks with Commerce and Industry M ...Read More >
Ahmedabad: On the occasion of the 25th MSME Day, Entrepreneurship Development Institute of India (EDII), Ahmedabad, celebrated the resilience and entrepreneurial spirit of India's Micro, Small, and Medium Enterprises, acknowledging their role as key drivers of grassroots development and national progress by organising 'MSME Talk' at its campus. The highlight of the day was the 'MSME Talk' delivered by Shri R.D. Barhat, Joint Commissioner of Industries, Government of Gujarat, on the theme: 'Treading a Sustainable Growth Path for MSMEs Amidst Changing Business Dynamics.' Also present on the occ ...Read More >
Union Commerce & Industry Minister Piyush Goyal said in a series of social media posts that he held meetings with the textiles, steel producers in Mumbai and those from the engineering goods sector to discuss strategies for exports. In a post on X, Goyal said, "Held an engaging and forward-looking interaction with the champions of India's agriculture, food-processing and seafood sectors -- the true architects of our food and nutritional security. We discussed a wide range of strategies to scale ...Read More >
Here comes a big update for the passengers. Mumbai local trains will get indigenous 'Kavach' safety boost by end of next year. This will be done in a major boost to commuter safety on one of the world's busiest suburban rail networks. What is Kavach? Kavach is a state-of-the-art electronic system developed under the 'Make in India' initiative that is presently being installed on Delhi-Mumbai as well as some other trunk routes. The indigenously designed Automatic Train Protection (ATP) system, which will automatically control train speed, prevent collisions, and ensure safe operations even w ...Read More >
New Delhi, June 6: In line with the government's vision for self-reliance, navratna defence PSU Bharat Electronics Limited (BEL) on Friday announced a collaboration with Tata Electronics towards the development of indigenous electronics and semiconductor solutions. The memorandum of understanding (MoU) is a significant step forward for BEL and Tata Electronics in jointly exploring end-to-end solutions to meet domestic requirements., BEL said in a stock exchange filing. BEL and Tata Electronics will explore end-to-end collaboration in areas such as semiconductor fabrication (Fab), Outsourced S ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to invite this esteemed class of artists, technologists, and professionals to join the Academy," said Ac ...Read More >
Dehradun (Uttarakhand) [India], July 16 (ANI): Following the tragic road accident in the Muwani area of Pithoragarh district on Tuesday that claimed eight lives, Uttarakhand Chief Minister Pushkar Singh Dhami announced that the state government would provide Rs 2 lakh each to the families of the deceased and Rs 50,000 to the injured. This would be in addition to the ex-gratia of Rs 2 lakh from the Prime Minister's National Relief Fund (PMNRF), announced by Prime Minister Narendra Modi, which would be given to the next of kin of the deceased. Also Read | Weather Forecast Today, July 16: Check ...Read More >
Medak: Telangana State BJP President N. Ramchander Rao on Friday appealed to the people to give the committed party an opportunity to meet the aspirations of the poor and downtrodden. Addressing a large gathering of party workers in Medak, the BJP chief remarked that citizens have experienced the rule of the BRS and the Congress party and have had bitter experiences with the deceitful practices of both. He urged people to support the BJP wholeheartedly in the upcoming local body elections as a way to teach the ruling Congress party a lesson for its unfulfilled promises. Rao emphasized that t ...Read More >
Patna, July 19 (SocialNews.XYZ) In a major action against corruption, the State Vigilance Unit (SVU) on Saturday arrested Sub-Inspector Putul Kumari, the SHO of the Women's Police Station in Samastipur, for accepting a bribe of Rs 20,000. Her driver was also arrested in the case. The arrest has created a stir within the police department. According to an official, Putul Kumari was caught red-handed while taking the bribe from Rajiv Ranjan, a resident of Chhatauna village under Mufassil police station limits, in connection with an assault case. Rajiv Ranjan had filed a written complaint with ...Read More >
The minister said the new technology will "Enable real-time decision making, boost e-commerce reach, cut operational costs through automation and deliver citizen-first, mobile-ready services anywhere-anytime. The India Post has rolled out Rs 5,800-crore Advanced Postal Technology across the country that will transform it into world-class public logistics organization by enabling mobile-ready services and real time decision making, Union Minister Jyotiraditya Scindia said on Tuesday. The Advance ...Read More >
President Droupadi Murmu on Friday presented the SCOPE Eminence Awards for 2022-23 in New Delhi, praising the role of public sector enterprises (PSEs) in India's growth journey and their contribution to nation-building since Independence. Addressing the gathering, the President said the awards celebrate the "significant contribution of public sector enterprises to the development of India" across social, economic, environmental, technological and ethical dimensions. She appreciated the Standing ...Read More >
Sunmei Hotels Group has announced the launch of Sunmei Group International (SGI) and three new overseas brands—SHANKEE, PENRO, and LANOU—marking its expansion into the UAE market. The company plans to introduce SHANKEE Hotels, a smart economy brand, to cities like Dubai, Abu Dhabi, and Riyadh. SGI focuses on smart marketing, modular renovations, and intelligent operations, leveraging big data and AI to enhance service and guest experiences. Chairman Ma Yingyao aims to open 100 hotels globally within the next decade, doubling revenue and establishing a strong international presence for Chinese ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many claim they first learned of the revised fees only while trying to pay through the university's online ...Read More >
New Delhi [India], July 11 (ANI): The UK India Business Council (UKIBC) has released a report, putting out a slew of recommendations to deepen bilateral defence cooperation between the UK and India. Through the report, UKIBC offered suggestions to the UK government to strengthen commercial ties and align strategic priorities with India, including strengthening G2G ties, strategic communication, and industry engagement. UKIBC is a policy advocacy and strategic consulting not-for-profit, with a mission to grow the UK-India trade and investment. UKIBC also suggested establishing a UK-India def ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
New Delhi [India], July 20 (ANI): The Indian Council of Medical Research (ICMR), through its Regional Medical Research Centre, Bhubaneswar (RMRCBB) and National Institute of Malaria Research (NIMR), in partnership with the Department of Biotechnology-National Institute of Immunology (DBT-NII), is currently developing a novel recombinant chimeric malaria vaccine candidate, named AdFalciVax. AdFalciVax is the first indigenous recombinant chimeric malaria vaccine specifically designed to target two critical stages of Plasmodium falciparum, the parasite responsible for the most lethal form of mal ...Read More >
New Delhi, Jul 14 (PTI) The negotiations between India and the US for a proposed trade agreement are going at a fast pace, Commerce and Industry Minister Piyush Goyal said on Monday. The Indian team has reached Washington for the next round of talks on the first tranche of the bilateral trade agreement. Also Read | Prime Minister Narendra Modi Condoles Demise of Kota Srinivasa Rao Garu, Remembers Actor-Politician's 'Cinematic Brilliance' and 'Social Service' (See Post). "Negotiations are going on at a very fast pace and in the spirit of mutual cooperation so that we can come out with a win- ...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 >
Andhra Pradesh MedTech Zone (AMTZ) managing director and founder-CEO Jitendra Sharma said the Vizag Science & Technology Cluster (VSTC) based at AMTZ is a catalyst for the convergence of science, industry and innovation. The AMTZ is translating this synergy into self-reliant healthcare solutions that advance 'Make in India' and 'Atmanirbhar Bharat', he added during a high-level meeting in New Delhi recently, according to a release here on Saturday (June 28). Spearheaded by AMTZ, the cluster brings together researchers, startups, industry and academic institutions to create scalable impact th ...Read More >
Visakhapatnam: In a significant boost to Vizag's growing scientific stature, the Andhra Pradesh MedTech Zone (AMTZ) placed the city on India's science and technology map, said MD and Founder CEO of AMTZ Dr. Jitendra Sharma. Sharing the Vizag Science and Technology Cluster's broader mission, Dr. Jitendra Sharma said, "The Vizag S&T Cluster is a catalyst for convergence -- linking science, industry, and innovation. We're translating this synergy into self-reliant healthcare solutions that advance Make in India and Atmanirbhar Bharat." During a high-level meeting held in New Delhi, the Principa ...Read More >
NEW DELHI: The AK-203 assault rifle, set to become the Indian Army's standard frontline weapon, will be fully indigenous by the end of 2025, Indo-Russian Rifles Private Limited (IRRPL) CEO and MD Major General SK Sharma said on Thursday.Sharma said 50% of the work on the rifles has already been indigenised, and full localisation will significantly ramp up production and delivery timelines."If you ask a soldier, then his most reliable friend is an assault rifle... AK-203 will be the most reliable thing in the future. We have received an order of more than 6 lakh rifles from the Indian forces. S ...Read More >
Rajkot: Deendayal Port Authority (DPA) on Thursday commissioned the country's first 'Make in India' one megawatt (MW) green hydrogen plant, at Kandla. This is the first phase of a planned 10MW facility and is the first such development at an Indian port.Union shipping minister Sarbananda Sonowal inaugurated the plant, calling it a "new benchmark" in the execution of green hydrogen projects. "DPA has demonstrated a shining example of speed, scale and skill," he said.The plant was set up in four mo ...Read More >
New Delhi, Sep 2 (PTI) Union Minister Ashwini Vaishnaw on Tuesday called India a "lighthouse of stability and growth" amid turbulent global times, and urged global industry leaders to invest in the nation's rapidly expanding semiconductor ecosystem. Speaking at Semicon India 2025, Electronics and IT Minister Vaishnaw highlighted the significant progress made by India in three and a half years since the launch of the India Semiconductor Mission. "In a short span of three and a half years, we have the world looking at India with confidence. Today, construction of five semiconductor units is go ...Read More >
NEW DELHI, Sept 12 (Reuters) - Trade talks between India and the European Union have entered a crucial phase and negotiators are working intensively to meet a year-end deadline for signing the free trade pact, a top European Union Official said on Tuesday. The EU is India's biggest trading partner in goods, with bilateral trade hitting $137.5 billion in the 2023/24 fiscal year, up nearly 90% over the past decade. "We are now maximising our efforts to finalise negotiations by the end of the year ...Read More >
New Delhi, June 27: Panasonic layoffs are expected in India as the company restructures its operations to exit from certain product segments. Panasonic is reportedly planning a major shift in its India strategy and is likely to exit the refrigerator and washing machine segments. The development hints at the downsizing of the company's consumer electronics business in the country. The Panasonic job cuts in India may affect employees linked to the company's business related to the refrigerator and washing machine segments. As per a report of The Economic Times, Panasonic Holdings is exiting its ...Read More >
New Delhi, July 4 (SocialNews.XYZ) India's toy industry, once heavily dependent on imports, is now manufacturing domestically and exporting to 153 countries, Union Commerce Minister Piyush Goyal said on Friday. Addressing the 16th 'Toy Biz International B2B Expo 2025' here, the minister highlighted this remarkable transformation. He said that this shift has been made possible through consistent policy support, the enforcement of quality standards, and the strengthening of local manufacturing clusters. The implementation of the Quality Control Order (QCO), he added, has helped make India a q ...Read More >
Piyush Goyal announced a scheme to boost toy production. The scheme will focus on enhancing design, quality, packaging, and brand building. India's toy industry is now exporting to 153 countries. This shift is due to policy support and quality standards. The government will support startups with innovative toy concepts. Industry leaders see huge potential to increase toy exports from India. Commerce and Industry Minister Piyush Goyal on Friday said a scheme to boost toy production in the country ...Read More >