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.
Aizawl, Jul 6 (PTI) More than 3,000 people from Myanmar's Chin state have fled to India and taken shelter in Mizoram in the past four days following fierce clashes between two ethnic groups, an official said on Sunday. Mizoram already has more than 32,000 refugees from Myanmar. The official said that the Myanmarese nationals, mainly from three border villages in Chin state, started entering Zokhawthar area of the northeastern state's Champhai district since July 3. Two anti-junta forces - Chin National Defence Force (CNDF) and Chinland Defence Force (CDF) - were engaged in a gun battle between June 28 and July 5, he said. "The situation along the international border now is calm as firing has stopped yesterday evening," the official, who refused to be named, told PTI. He said that 300 more refugees entered Zokhawthar on Sunday. Zokhawthar in Mizoram and Khawmawi in Myanmar are separated by the Tiau river, which flows along the Indo-Myanmar border. The official said that the Indo-Myanmar border has been sealed by the Assam Rifles to prevent any untoward incident. However, refugees from the neighbouring country intending to enter and take shelter in Mizoram are allowed to enter by the security force, he said. The two warring sides belonging to the same Zo ethnic groups have been reportedly engaged in a power struggle to control areas particularly Khawmawi, one of the commercial hubs in Chin state and a key transit point between India and Myanmar. Meanwhile, the central committee of the Young Mizo Association, the largest civil society organisation in Mizoram, mediated between the two sides to restore peace in the region, a leader said. CYMA general secretary Malsawmliana said that the two organisations agreed to cease fire and settle the dispute amicably. PTI COR NN
Imphal: In a series of coordinated operations, the Indian Army and other law enforcement agencies arrested 13 cadres from hill and valley-based underground groups in Manipur and recovered 23 weapons, grenades, ammunition, and other war-like stores. According to a statement from the Defence Wing, the Indian Army, along with Assam Rifles, Manipur Police, CRPF, BSF, and ITBP, carried out intelligence-driven operations across Kangpokpi, Senapati, Imphal East, Imphal West, and Thoubal districts over the past week. Ready for a challenge? Click here to take our quiz and show off your knowledge! In ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrates advanced systems from leading Indian defence firms, including Bharat Electronics Limited (BEL), L& ...Read More >
NEW DELHI, June 8: A day before his Government marks its first anniversary in third term, Prime Minister Narendra Modi said on Sunday that the ruling BJP-led National Democratic Alliance has redefined women-led development in its 11 years in power. Follow the Daily Excelsior channel on WhatsApp In all sectors, including science, education, sports, start ups and the armed forces, women are excelling and inspiring several people, Modi said on X. He cited a number of welfare programmes which, he noted, have benefitted women immensely. Various initiatives, from ensuring dignity through Swachh ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
New Delhi, Jun 30 (PTI) Reliance Infrastructure Limited-promoted Reliance Defence Limited on Monday said it has signed an agreement with Coastal Mechanics Inc to jointly address India's Rs 20,000 crore defence maintenance, repair, overhaul (MRO) and upgrade market opportunity. Coastal Mechanics is a US Department of Defense authorised contractor. Reliance Infrastructure in a statement said the partnership will focus on providing end-to-end MRO, upgrade, and lifecycle support solutions for the Indian armed forces, targeting a wide range of critical platforms such as 100+ Jaguar fighter aircra ...Read More >
Guwahati, Jan 10 (PTI) The 'sardar' of workers of the coal mine in Assam's Dima Hasao district, where eight miners remained trapped, was arrested, even as a dewatering exercise continued in the quarry to facilitate the resumption of rescue operations, police said on Friday. The fate of the trapped miners appeared to be grim with personnel involved in the rescue operations racing against time to bring them out of the ill-fated quarry, while the body of one labourer, hailing from Nepal, has been recovered from there, an official said. "The 'sardar' (head) of the miners, who had fled the quarry ...Read More >
Kanpur (UP), May 28 (PTI) Prime Minister Narendra Modi will lay the foundation stone and inaugurate multiple development projects worth about Rs 20,900 crore here on Friday to boost the region's infrastructure and connectivity, an official statement issued here said. He will launch Chunniganj Metro Station to Kanpur Central Metro Station section of the Kanpur Metro Rail Project worth more than Rs 2,120 crore. It will include 14 planned stations with five new underground stations integrating key city landmarks and commercial hubs into the metro network. Besides, he will also inaugurate road-w ...Read More >
Itanagar, June 6 (UNI) Security forces launched a coordinated operation along the Indo-Myanmar border in Arunachal Pradesh's Longding district, following specific intelligence inputs regarding the movement of armed cadres in the general area of Pongchau circle. As the patrol moved through dense forest, they encountered suspicious movement and issued a challenge. In response, the patrol came under heavy and indiscriminate fire from unknown individuals wielding high-calibre weapons. The security forces responded swiftly and effectively, engaging in an intense firefight, a Defence spokesperson ...Read More >
Ludhiana, Jun 8 (PTI) Punjab Congress president Amrinder Singh Raja Warring on Sunday asserted that his party will win the Ludhiana West assembly bypoll, scheduled to be held on june 19, with a "record margin". "Congress practically has no competition here", he claimed. Warring, who is also the Ludhiana MP, said that the ruling Aam Aadmi Party (AAP) was badly mistaken that the Congress would allow it to abuse power and misuse the official machinery for the elections. "First of all, we will not let any misuse of the official machinery and second, in case any official is found to be misusing ...Read More >
NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >
Mumbai, Jun 8 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Sunday said Congress MP Rahul Gandhi, instead of introspecting on the defeat in the 2024 state assembly polls, has been repudiating the mandate given by the people because they rejected him. The leader of opposition in the Lok Sabha is preparing his excuses for future defeats in the upcoming assembly elections, including Bihar, Fadnavis said in his articles published in the Indian Express and Marathi daily Loksatta. On Saturday, Gandhi, in an article published in several newspapers and in posts on X, claimed the 2024 Maharas ...Read More >
Aizawl, Jun 27 (PTI) Mizoram Home Minister K Sapdanga on Friday said that more than 50 per cent of criminal cases in Mizoram in recent times were linked to people who came from outside and took refuge in the state. More than 30,000 refugees from Myanmar and Bangladesh and Internally Displaced People (IDP) from Manipur are currently taking shelter in the northeastern state, according to officials. Also Read | YouTube Channel Claims Govt Is Giving INR 4,500 Per Month To Unemployed Youth Under 'PM Berojgari Bhatta Yojana'? PIB Fact Check Debunks Fake News. While chairing a review meeting here, ...Read More >
NEW DELHI, June 28: Parag Jain, one of the brains behind the meticulous planning of 'Operation Sindoor', has been appointed as the new Chief of the Research and Analysis Wing (RAW), officials said here on Saturday. Follow the Daily Excelsior channel on WhatsApp The two-year tenure of Jain, an Indian Police Service (IPS) officer from the 1989 batch of the Punjab cadre, officially begins on July 1. He takes over from Ravi Sinha, who retires on June 30. The decision to appoint Jain as chief of the external intelligence agency was made by the Appointments Committee of the Cabinet earlier this w ...Read More >
Champhai (Mizoram) [India], December 3 (ANI): Assam Rifles, in collaboration with the Excise and Narcotics Department, recovered 22 grams of Heroin No. 4 worth Rs 15.40 lakh and apprehended a woman in the Zote area of Champhai district on Monday. The operation, based on specific intelligence, led to the discovery of the contraband hidden inside the woman's clothing bag. The suspect, identified as 40-year-old Tlangmawii, along with the seized consignment, has been handed over to the Excise and Narcotics Department, Champhai, for further legal proceedings. Also Read | Rahul Gandhi To Visit Sam ...Read More >
Champhai (Mizoram) [India], December 3 (ANI): Assam Rifles, in collaboration with the Excise and Narcotics Department, recovered 22 grams of Heroin No. 4 worth Rs 15.40 lakh and apprehended a woman in the Zote area of Champhai district on Monday. The operation, based on specific intelligence, led to the discovery of the contraband hidden inside the woman's clothing bag. The suspect, identified as 40-year-old Tlangmawii, along with the seized consignment, has been handed over to the Excise and Narcotics Department, Champhai, for further legal proceedings. In a separate operation aimed at coun ...Read More >
Ludhiana, Jun 5 (PTI) Punjab Chief Minister Bhagwant Mann Thursday asserted that there should be no "politicisation" of the armed forces, even as he accused the BJP of milking Operation Sindoor for political gains. "Such politics should not be done. I salute the armed forces. But there should be no politicisation of the army," he said. "Have you ever seen any former prime minister donning a military uniform....? But now the uniform is being used for political gains. It should not happen," he said. Armed forces fight for the country, and they have no connection with politics, he asserted. T ...Read More >
Srinagar, June 7: Jammu and Kashmir Lieutenant Governor Manoj Sinha, on Saturday, congratulated the University of Kashmir for getting an A++ grade in the NAAC inspection. The Lt Governor extended his heartiest congratulations to the Vice Chancellor, faculty, staff, and students of the University of Kashmir for attaining the prestigious A++ Grade by the National Assessment and Accreditation Council (NAAC), and securing an outstanding Cumulative Grade Point Average (CGPA) of 3.68 on a seven-point scale. Calling it a proud moment for J&K UT, the Lt Governor said, "The A++ Grade places the Un ...Read More >
New Delhi, Jun 8 (PTI) Aam Aadmi Party's Rajya Sabha MP Sanjay Singh and Delhi unit chief Saurabh Bharadwaj on Sunday visited the demolition site of the Madrasi Camp slum cluster, where they met with displaced residents, and intensified their attack on the BJP over the recent eviction drive. They alleged that Prime Minister Modi's promise to slum dwellers of 'jahan jhuggi wahan makan' - house at the site of their hutment - has "proved to be hollow like many others". There was no immediate response available from the BJP or the Delhi government over the accusations. The Madrasi Camp -- a jhu ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
New Delhi, Jul 3 (PTI) The defence ministry on Thursday cleared capital acquisition of military hardware and platforms worth approximately Rs 1.05 lakh crore. The procurement projects were cleared by the Defence Acquisition Council (DAC) chaired by Defence Minister Rajnath Singh. The DAC accorded approval for procurement of armoured recovery vehicles, electronic warfare system, integrated common inventory management system for the tri-services and surface-to-air missiles, according to an official readout. These procurements will provide higher mobility, effective air defence, better supply ...Read More >
Imphal, Feb 5 (VOICE) In a series of successful joint operations, Assam Rifles, in coordination with Manipur Police, apprehended eight hardcore militants from different locations of three districts in the violence-hit state, officials said on Wednesday. Defence Spokesman Lt Col Amit Shukla said that the para-military troops and the Manipur Police launched the joint operations based on specific information about the presence of cadres involved in extortion and other unlawful activities. He said that in the first operation, the forces apprehended an active KYKL (Kanglei Yawol Kanna Lup) cadre ...Read More >
Guwahati, June 5 (SocialNews.XYZ) The flood situation in Assam marginally improved on Thursday, while the situation further improved in other northeastern states, an official said. With two more fresh deaths in Assam, the death toll in seven states, excluding Sikkim, of the region increased to 48. According to the disaster management officials of different northeastern states, out of 48 deaths during the current spell of rain and floods since May 29, at least 21 people died in Assam, followed by 12 in Arunachal Pradesh, six in Meghalaya, five in Mizoram, two in Tripura and one each in Nagalan ...Read More >
Ahmedabad, Jun 6 (PTI) Gujarat Congress general secretary Rajesh Soni was arrested on Friday and charged under a tough section of the BNS for allegedly uploading "misleading" as well as "morale breaking" content on a social media platform related to 'Operation Sindoor', police said. After registration of an FIR on Thursday, the Cyber Crime Cell of the state CID arrested Soni in the wee hours over his controversial posts on the operation launched by Indian armed forces to destroy terror hubs in Pakistan and PoK, said Superintendent of Police (CID-Cyber Crime) Bharatsinh Tank. During the May 7 ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >
HYDERABAD: Union Home Minister Amit Shah on Sunday ruled out any talks with Maoists and said the cadre of the proscribed outfit should give up arms, surrender before police, and join the mainstream. Addressing a rally after inaugurating the National Headquarters of the Turmeric Board in Nizamabad in Telangana, Shah also said Congress leader Rahul Gandhi, who is still raising questions on Operation Sindoor, should see the weak appearance of Pakistan to understand the effectiveness of the Operation. "Congress asks (the Centre) to hold discussions with these people (Maoists). Our government's p ...Read More >
Imphal, Dec 3 (VOICE) Amidst the hectic search operation by the Army and other security forces and continued agitation by various organisations, the 56-year-old man of the Meitei community remained untraced for the ninth day on Tuesday.A police official said that the Army has deployed over 2,000 soldiers including Assam Rifles personnel and is conducting hectic searches in Kangpokpi and adjoining districts to locate Laishram Kamalbabu Singh, who has been missing since November 25. The Army as part of their search operation deployed tracker dogs, drones and other devices. Several Civil Societ ...Read More >
New Delhi, Dec 3 (PTI) The Shahi Imam of Delhi's Jama Masjid on Tuesday described as "reprehensible" the alleged mistreatment of Hindu minorities in Bangladesh and asked that country's interim government to take immediate steps to prevent such acts. India has been expressing concerns over attacks on minorities, especially Hindus, in Bangladesh, since Sheikh Hasina's resignation as prime minister in August following months-long students-led protests. Also Read | Rahul Gandhi To Visit Sambhal: DM Requests Neighbouring Districts To Restrict Congress Leader's Proposed Visit to Violence-Hit Town. ...Read More >
Kolkata, Dec 4 (PTI) A five-member delegation of monks went to the Bangladesh Deputy High Commission here on Wednesday to submit a memorandum demanding immediate steps to stop atrocities on Hindus and other religious minorities in the neighbouring country. Kartik Maharaj, one of the members of the delegation, said they had also written to Prime Minister Narendra Modi, urging him to take legal recourse to ensure the safety and security of minorities in Bangladesh. "Bigger protests will be organised in West Bengal if appropriate steps are not taken to ensure protection of the minorities in Ban ...Read More >
Imphal (Manipur) [India], January 10 (ANI): Manipur Chief Minister N Biren Singh praised the successful anti-drug operation in Ukhrul district, where combined forces destroyed 90 acres of poppy plantations, burned 12 huts, and registered FIRs for further investigation. "90 acres of poppy plantation destroyed in Ukrhul. In another successful mission under the War on Drugs campaign, combined forces of Ukhrul district police, 6 MR, 18 AR and the Forest Department destroyed 90 acres of poppy plantation and burned down 12 huts in the Phalee hill range under Lungchong Maiphei (LM) Police Station in ...Read More >