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.
Mumbai, July 7 (SocialNews.XYZ) Global Capability Centres (GCCs) showed remarkable 30.8 per cent year-on-year growth in India in January-June period (H1 2025) this year, reaching 13.85 million square feet and exceeding previous annual totals, a report showed on Monday. GCCs are leading the charge in India's office market and on a H1 comparison, leased more space in January-June of 2025 than any previous calendar year for the same time period, according to a JLL report. This follows the momentum from last year, when GCCs were the biggest occupier group by activity levels. GCCs in the BFSI and Manufacturing sector have been the standout performers, accounting for a cumulative 55.6 per cent share in the H1 leasing volumes. Bengaluru remains the gateway city for GCCs, accounting for over 41 per cent of demand in H1 2025. On an overall basis, tech leads in overall leasing volumes with a 30.3 per cent share in H1, followed by Flex with 17.0 per cent, BFSI with 16.2 per cent and manufacturing with 15 per cent share. For Q2, Tech remained the leader in absolute leasing terms accounting for a 30.8 per cent share, with Manufacturing and BFSI capturing the next two spots in terms of contribution, followed by Flex. Consulting firms were major movers this quarter, accounting for their biggest quarterly space take-up in Q2 2025, the report mentioned. Overall, India's office market continues to demonstrate strong momentum despite significant global economic uncertainties and headwinds with gross leasing numbers hitting a new high of 39.45 million square feet in H1 2025, up by 17.6 per cent year-on-year. "This exceptional performance, driven by global occupiers who account for 61.5 per cent of quarterly transactions, puts the market on trajectory to surpass an unprecedented 80 million square ft annually," said Dr Samantak Das, Chief Economist and Head of Research and REIS, India, JLL. With the top seven cities consistently delivering approximately 21 million sq. ft per quarter over the past year, India has cemented its position as a mission-critical destination in multinational corporations' global strategies, reflecting deep-seated confidence in the country's long-term growth potential, Das mentioned. It is worth noting that India's office market has bucked the global trends of workspace contraction. Headcount and footprint growth-oriented demand resulted in net absorption in H1 hitting 23.9 million sq ft which was also the highest ever among all previous H1 comparisons. Indian office sector continues its remarkable growth trajectory despite international economic challenges, driven by GCCs, tech revival, and strong BFSI demand.
India's manufacturing sector growth fell to a joint 11-month low, restricted by competitive conditions and inflationary pressures India's manufacturing sector growth fell to a joint 11-month low of 56.5 in November, restricted by competitive conditions and inflationary pressures amid a softer increase in factory orders, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 57.5 in October to 56.5 in November, signalling a softer improvement in the health of the sector. However, the pace of growth remained above its long-r ...Read More >
Mathura, Jul 19 (PTI) Six people died and two were injured when a mini-van collided with a truck on the Yamuna Expressway here, police said on Saturday. "The accident took place at milestone 140 at around 3 am. The Agra-bound mini-van rammed into a heavy vehicle, possibly due to the driver falling asleep at the wheel," Senior Superintendent of Police (SSP) Shlok Kumar said. "Six people died on the spot, while two have sustained serious injuries and were admitted to a hospital," he added. The family members of the deceased have been informed, and further action is being taken, he said. In a ...Read More >
HYDERABAD: Telangana continues to hold its position as a key industrial hub in India. According to the Annual Survey of Industries (ASI) 2023-24, released by the National Statistical Office (NSO), the state ranks among the country's top 10 industrial states, contributing 2.67% of total output and 3.37% of Gross Value Added (GVA) in the factory sector. The pharmaceutical sector remains Telangana's strongest pillar. With an output of Rs 79,24,593 lakh and GVA of Rs 24,45,188 lakh, the state ranks among the top three in the manufacture of pharmaceuticals, medicinal chemicals, and botanical produ ...Read More >
New Delhi, Apr 2 (PTI) India's manufacturing sector growth eased to a four-year low in March as cost pressures, fierce competition, heightened market uncertainty and the war in the Middle East led to softer increases in new orders and output, a monthly report said on Thursday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 56.9 in February to 53.9 in March, indicating the weakest improvement in overall business conditions in close to four years. In the PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. "In ...Read More >
India's Food and Beverage (F&B) sector has become a key driver of retail real estate growth, recording about 4 million sq ft of leasing across seven major cities since the last two years. Bengaluru led the trend, accounting for nearly one-third of this activity. In response to strong demand, developers plan to allocate up to 25% of space in upcoming destination malls to F&B. By 2028, around 6 million sq ft of F&B space is expected to come up across the top seven cities, a report by JLL India has said. Mumbai and Delhi NCR, alongside Bengaluru, form the trinity driving two-thirds of the nation ...Read More >
New Delhi: India's industrial production grew at four per cent in August, mainly due to better performance by the mining sector, according to government data released on Monday. The Index of Industrial Production (IIP) growth rate for July has been revised upwards to 4.3 per cent from the earlier estimate of 3.5 per cent. In August 2024, the IIP recorded flat growth. "With the mining sector growth at six per cent, the All India Index of Industrial Production (IIP) recorded a four per cent year-on-year growth in August 2025," the National Statistics Office (NSO) said. The mining sector output ...Read More >
India's commercial real estate market experienced a significant upswing in Q3 CY25, with office leasing surpassing supply for the sixth consecutive quarter. Net leasing rose 31% year-on-year to 15.9 million sq. ft, while completions increased 44% YoY. Vacancy rates dipped to 14.2%, and rents saw an increase across major cities. India's commercial real estate market saw a major upswing in Q3 CY25, with office leasing continuing to exceed supply for the sixth straight quarter, a report said on Fri ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite MI's dominant chase of 220. KKR seemed in control after posting a commanding 220/4, but the script ...Read More >
New Delhi: Maintaining the pace of India's growing economy, the country's gross goods and services tax or GST mop-up in June stood at Rs 1.85 lakh crore, marking a 6.2 per cent increase compared to the same month last year, while India's manufacturing sector activity rose to a 14-month high in June on the back of expansion in output, new orders, and job creation, two separate data showed on Tuesday. However, the finance ministry said that the government's focus on GST, which completes eighth year on Tuesday, is to promote ease of doing business, ensure stronger compliance and foster broader e ...Read More >
New Delhi [India], July 2 (ANI): In FY 2025, Global Capability Centres (GCCs) in India showed a clear preference for larger office spaces despite a slight decline in the number of overall transactions. The number of GCC transactions fell by 4 per cent to 305, but the total leased office area grew significantly according to a report by real estate services firm Vestian. Large transactions -- defined as deals above 1 lakh square feet -- increased by 44 per cent, rising from 15.8 million sq ft in FY 2024 to 22.8 million sq ft in FY 2025. This trend suggests that GCCs are focusing on long-term g ...Read More >
New Delhi, Sep 29 (PTI) Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, under the Ministry of Energy, Water and Mines, Republic of Benin. The scope of the contracts cover ...Read More >
India's private sector growth slowed in October to its lowest in five months. Weaker demand and higher output prices impacted business optimism. Services sector growth saw a slowdown, while manufacturing activity improved. New orders expanded at a slower pace. International demand softened, particularly for exports to the United States. Businesses raised selling charges despite some cost easing. Growth in India's private sector eased to a five-month low in October as weaker demand and rising out ...Read More >
India's housing market is booming, with 2024 projected to be the best year yet. Over 300,000 homes worth ₹510,000 crore are expected to be sold across the top seven cities, driven by economic growth and infrastructure improvements. Sales in the first nine months already reached nearly 230,000 homes, indicating continued robust demand and rising capital values.India's housing property market continues to remain on a strong footing, with the year 2024 expected to end as the best year ever in term ...Read More >
Bengaluru : Kinara Capital, a leading fintech driving MSME financial inclusion, today released its fourth edition of MSME Insights, signaling strong optimism and increased formalization in the MSME sector. MSME entrepreneurs are confident about their near-term business growth prospects. According to the latest MSME Insights, 81% of the surveyed MSMEs expect their business revenue to increase within the next 1-2 years. Of these, 34% anticipate a revenue growth of more than 15% in their businesses. Additionally, MSMEs are embracing formalization, with 51.7% of the surveyed reporting that they ar ...Read More >
New Delhi: Activity in the country's manufacturing sector rose to a 14-month high in June as new orders, including those from overseas, surged, triggering a record upturn in employment, results of a survey showed on Friday.The HSBC India Manufacturing Purchasing Managers' Index (PMI) rose to 58.4 in June, up from 57.6 in May. The headline figure was above its long-run average of 54.1 and pointed to a robust improvement in health of the sector. The 50-point mark separates expansion from contraction in the survey, which is compiled from responses to questionnaires sent to 400 manufacturing firms ...Read More >
New Delhi, July 19 (SocialNews.XYZ) Domestic equity markets continued their protracted correction for the third consecutive week and ended below the psychological level of 25,000, weighed down by the broadly tepid start of Q1FY26 earnings, particularly from the IT and financial sectors, analysts said on Saturday. The IT sector remained under strain due to muted performance and cautious outlooks amid global demand uncertainty, while financials are also expected to report subdued results due to expected NIM contraction and asset quality concerns. "In contrast, FMCG stocks outperformed, support ...Read More >
India's Goods and Services Tax (GST) revenue data for July 2025 may appear stable on the surface, but a closer look reveals troubling undercurrents that demand urgent policy attention. While gross GST collections rose 7.5% year-on-year to ₹1,95,735 crore, this growth is disproportionately fueled by imports, masking a worrying stagnation in domestic consumption and exposing structural inefficiencies in the tax system. The 7.5% overall rise is largely driven by a 9.7% increase in GST revenue from imports, far outpacing the 6.7% growth in domestic collections. This imbalance raises red flags abo ...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 >
Mumbai, Aug 21 (PTI) Rapidly expanding global capability centres of banking, financial services and insurance (BFSI) sector has led to an acute shortage of talent, widening skill gap and higher workforce expense for enterprises, a report said on Thursday. India's BFSI GCC sector was valued at USD 40-41 billion in 2023 and is projected to touch USD 125-135 billion by 2032, which reflects a CAGR of 12-13 per cent, according to 'BFSI GCC Talent Report 2025' by staffing and workforce solutions provider Quess Corp. However, the acute shortage of AI and data talent is evident with a 42 per cent sk ...Read More >
New Delhi, Aug 28 (SocialNews.XYZ) The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >
New Delhi: India's manufacturing activity showed renewed strength in October, with the HSBC Flash India Manufacturing Purchasing Managers' Index (PMI) rising to a two-month high of 58.4, up from 57.7 in September, a report showed on Friday. The data compiled by S&P Global indicates that the country's manufacturing sector continues to expand at a solid pace, supported by strong domestic demand and easing cost pressures. The rise in the manufacturing PMI reflects an improvement in business conditions, driven by higher new orders, increased production, and steady employment levels. According t ...Read More >
New Delhi: GST collection in August rose 6.5 per cent to over Rs 1.86 lakh crore with increased domestic sales, and the upcoming festive season is likely to swell the kitty going forward. The August Goods and Services Tax (GST) mop-up is, however, lower than Rs 1.96 lakh crore collected in July. In August 2024, the collection was Rs 1.75 lakh crore. The gross domestic revenue grew 9.6 per cent to Rs 1.37 lakh crore, while tax from imports dipped 1.2 per cent to Rs 49,354 crore in August. GST refunds were down 20 per cent year-on-year to Rs 19,359 crore. EY Tax Partner Saurabh Agarwal said the ...Read More >
Chennai: Indian Institute of Technology Madras (IIT-M) will collaborate with Caterpillar, a US multinational manufacturing firm, as a global university partner. The institutions signed a memorandum of understanding (MoU) for joint research in advanced manufacturing, AI and data science, gas turbines and engines, energy consortium, batteries, mechanical engineering, and fuel cells. "The collaboration will lead to several exciting products of global standards," IIT-M director V Kamakoti said in a r ...Read More >
PNN Bengaluru (Karnataka) [India], September 29: In the world of accounting and finance, Miles Education has redefined how aspirants conquer the CMA Full Form--Certified Management Accountant credential. For thousands of candidates, the journey begins not with textbooks or classrooms, but with clarity about CMA Eligibility. After all, before dreaming of six-figure salaries or boardroom seats, you must first ensure you're eligible to even sit for the exam. Understanding CMA Course Eligibility At its core, CMA Course Eligibility is built on three foundational requirements: education, work exp ...Read More >
PNNBengaluru (Karnataka) [India], September 29: In a world where financial expertise drives strategy, earning the CMA credential is more than an academic decision-it's a career revolution. At Miles Education, India's #1 training partner for management accounting aspirants, the CMA salary in India and abroad reflects just how valuable this qualification has become. For thousands of students and professionals, the CMA isn't just about passing exams; it's about securing roles that pay well, offer growth, and carry global recognition.CMA Salary in India: A Rising GraphWith multinational corporatio ...Read More >
Meta description - India's service sector growth slowed to a 14-month low in March 2026. It gives the right sign, eases the demand, and moderates financial momentum overall. India's services sector lost steam for the second straight month in March. It is recording its slowest growth in over a year as demand weakened and inflationary pressures have strengthened amid the constant Iran conflict. The HSBC India Services Purchasing Managers' Index, collected by S&P Global, fell to 57.5 last month from 58.1 in February. However, the reading stays more than 50 marks, which divides growth from contr ...Read More >
New Delhi [India], July 1 (ANI): India's manufacturing sector ended the first quarter of the financial year on a high note, as shown by the HSBC India Manufacturing Purchasing Managers' Index (PMI), which rose to 58.4 in June from 57.6 in May. According to HSBC, this is the highest level in 14 months and well above the long-term average of 54.1, indicating a strong improvement in business conditions. One of the key highlights in June was a sharp rise in international orders. Export demand increased at the third-fastest pace since the survey began in 2005, with the United States mentioned fre ...Read More >
New Delhi, 2 July 2025: Over the past couple of years, GCCs have been the primary growth driver of India's office market This growth has been fueled by cost optimization strategies, a skilled talent pool, rapid infrastructure development, favourable government policies, ease of doing business, and a supportive business environment. As per Vestian's latest report, GCCs accounted for 42% of the pan-India absorption in FY 2025, registering a marginal increase from 41% a year earlier. In terms of value, GCC absorption increased by 24% during the same period stated above, reaching 31.8 Mn sq ft. ...Read More >
New Delhi: India's goods exports in June fell a tad from a year earlier, but a sharper drop in imports aided the trade deficit to narrow to a four-month low. Exports reduced 0.05% year-on-year to $35.14 billion, a seven month low, while imports fell 3.71% to $53.92 billion, leaving a trade deficit of $18.78 billion compared with $20.84 billion in June last year. Exports to the US in the past month rose sharply to $25.52 billion from $20.89 billion, despite the base tariff on Indian goods shippe ...Read More >