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.
CHENNAI: Following widespread rain recently, the Koyambedu wholesale market has been receiving less vegetables and as a result the prices have surged. As many as 460 truck loads of perishable commodities are supplied from the neighbouring states to Chennai, and it is expected to increase from weekends. Cyclone Fengal brought extremely heavy rain in Tamil Nadu, Karnataka and Andhra Pradesh in the last few days, which has disrupted the vegetable supply to the city. The wholesale market has been receiving around 460 vegetable vehicles against the usual arrival of 500 truck loads every day. "For the last two days, only 420 to 450 truck loads of vegetables were supplied to the market and today it has increased to 460 from the neighbouring states. So, the prices have surged marginally and even the sales continue to be dull from last week. If the roads are cleared for transportation, the supply is expected to be steady," said R Babu, a wholesale trader at the Koyambedu wholesale market. At present, onions are sold at Rs 70 to 80 per kg, tomatoes Rs 50 per kg, beans Rs 70 per kg, broad beans Rs 50 per kg, potatoes Rs 30 per kg and brinjal sold for Rs 30 to 40 per kg. Traders stated that only the harvesting has been affecting, which led to shortage in supply and surge in prices. So, there won't be any abnormal surge in the vegetable rates in the future. "The first crop cultivation will commence from January 1, and since the farmers are gathering the matured crops now. There was no damage to the crops for drastic surge in the prices. The supply will return to normal on Friday, and even the rates are expected to reduce further," said G Manohar, another trader at the market.
New Delhi: The Italian luxury couture label shocked the desi fans after they featured at least seven of the 56 runway looks featuring sandals that bear a striking resemblance to traditional Indian Kolhapuri Chappals - without any credit. After facing backlash over it, Prada has finally acknowleged that the footwear pieces featured in its Men's 2026 Spring/Summer show in Milan, were inspired by the traditional Indian handcrafted pieces made in specific districts of Maharashtra and Karnataka. In an exclusive response to NDTV, the Prada Group Press Office mentioned, "At Prada Group, we have alwa ...Read More >
New Delhi [India], July 6 (ANI): Rain lashed parts of Delhi on Sunday morning as the India Meteorological Department predicted light to moderate rain accompanied by thunderstorms likely to occur over Delhi during the next two days. IMD Delhi in a press release stated, 'Generally cloudy sky. Light to moderate rain accompanied with thunderstorm/lightning likely to occur over Delhi during next 2 days.' IMD said that there is no large change in minimum temperatures and maximum temperatures in the past 24 hours over Delhi. 'The maximum temperatures were in the range of 36-37C and the minimum tem ...Read More >
New Delhi [India], July 8 (ANI): The cost of home-cooked meals eased in June as compared to the same month last year, driven by a sharp correction in vegetable prices, according to the Crisil Intelligence report. In the monthly report titled 'Roti Rice Rate', the average cost of a vegetarian thali (Plate) declined by 8 per cent year-on-year (YoY), while the cost of a non-vegetarian thali was down nearly 6 per cent. The decline in vegetarian thali prices was primarily attributed to a significant drop in key vegetable prices, which had spiked the previous year due to adverse weather and crop d ...Read More >
Bhubaneswar: Opposition BJD and Congress MLAs Tuesday staged a walkout from the Odisha assembly, accusing the ruling BJP of failing to control prices of essential commodities and resolve the potato crisis in the state. The issues were debated in the House over the admissibility of an adjournment motion moved by the Opposition on price rise of vegetables, pulses, edible oil and fuel. The opposition members took exception to comments made by Food Supplies and Consumer Welfare Minister K C Patra that adverse climate conditions, rates in international and domestic markets, and less production by ...Read More >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...Read More >
New Delhi: The ninth year of the Goods and Services Tax (GST), which begins on Tuesday, could actually see the much-awaited rationalisation of the rates, although the shrinking of slabs from four major ones to three is unlikely.While the tax regime stabilised over eight years, this is evidenced by consistent rise in collections - from a monthly average of a little over Rs 1.2 lakh crore to more than Rs 1.8 lakh crore - and the number of taxpayers increasing to over Rs 1.5 crore by March-end.Name any agency or tax expert and rationalisation of tax rates is top item on the wish list. "The next p ...Read More >
New Delhi, Jul 18 (PTI) The central drugs laboratories have found 55 samples manufactured by various firms in June to be "not of standard quality", health ministry officials said on Friday. Further, state drugs testing laboratories have identified 130 drugs samples as 'not of standard quality', they said. According to routine regulatory surveillance activity, the list of 'not of standard quality' and spurious drugs are being displayed on the Central Drugs Standard Control Organisation (CDSCO) portal on a monthly basis. "For the month of June-2025, Central Drugs Laboratories have identified ...Read More >
New Delhi [India], August 3 (ANI): Since its launch in 2016, the Pradhan Mantri Fasal Bima Yojana (PMFBY) has insured 78.41 crore farmer applications up to June 30, 2025. During this period, around 22.67 crore farmers have received compensation amounting to Rs 1.83 lakh crore, highlighting the scheme wide reach and impact in supporting farmers against crop loss, informed Ramnath Thakur, Minister of State for Agriculture and Farmers Welfare in a written reply to Rajya Sabha on August 1. Pradhan ...Read More >
Shimla: Heavy rains lashed Himachal Pradesh on Sunday, triggering landslides and flash floods and blocking more than 100 roads, even as the weather department issued a red alert.A landslide at Chakki Mod near Parwanoo blocked the Chandigarh-Shimla highway for hours, resulting in a massive traffic jam Sunday morning. The local administration had to divert traffic through the Jangeshu link road until the landslide debris was cleared at Chakki Mod.The traffic was first restored one-way and later two-way, but the traffic jam continued on both sides of the highway throughout the day due to slow veh ...Read More >
Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls are scheduled later this year. "We are trying hard so that the Prime Minister can spare some time ...Read More >
NEW DELHI : The idiom advising one not to compare apples and oranges is a cliché -- a figurative expression that a fruit lover can safely ignore. But anyone with an interest in the origin, spread, popularity, and market dynamics of a fruit or a vegetable can and must draw comparisons. In that spirit of enquiry, one may compare apples and mangoes, more so as they appear to be headed in different directions. Apples are vying for eternal glory, while mangoes are in tatters. Sample these numbers: In 2024-25, India's mango exports, including fresh fruit and pulp, were valued at just ₹1,150 crore. ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Actor Harshvardhan Rane, who was last seen in 'The Miranda Brothers', is heaping praise on the recently released film 'Saiyaara', and its team. On Saturday, the actor took to the Stories section of his Instagram, and penned a special note for the film and its makers after it witnessed a stellar opening day. He wrote, "Another melodious example of a love story shattering all myths and formulas of the industry. Honest heart wrenching love story wins again in 2025! #Saiyaara". 'Saiyaara', which stars Aneet Padda, and marks the debut of Ahaan Panday, is helmed b ...Read More >
Heavy rains across Tamil Nadu have led to school closures in several districts, including Chennai, on Thursday. The India Meteorological Department (IMD) has issued a yellow alert, predicting moderate rains and light thunderstorms in parts of the state. Rainfall figures show significant precipitation in multiple areas. Meanwhile, Northern India braces for a cold wave beginning December 9, with the IMD forecasting plunging temperatures in Rajasthan, Punjab, Haryana, and Uttar Pradesh.Schools acros ...Read More >
Hisar, Jun 5 (PTI) Haryana Chief Minister Nayab Singh Saini Thursday announced the establishment of natural and organic mandis in Gurugram and Hisar to promote natural farming on a large scale in the state. The Gurugram mandi will cater to produce such as wheat, paddy and pulses, while the Hisar mandi will focus on fruits and vegetables grown through natural and organic methods. Also Read | Delhi: High-Level US Team Arrives for Talks on Bilateral Trade Pact With India. In addition, a committee will be formed under the Haryana Kisan Kalyan Pradhikaran to determine fair pricing for produce gr ...Read More >
Vice President Jagdeep Dhankhar suggests empowering rural youth to drive change in India's underutilized agricultural sector during his visit to Dr YS Parmar University. He advocates for direct subsidies to farmers, emphasizing the need for bridging the gap between production and market access and the use of AI for rural transformation. Vice President Jagdeep Dhankhar has called for empowering rural youth to catalyze significant transformation in India's largely untapped agricultural sector. Dur ...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 >
Ahmedabad: From sabzis to sambhar, the cost of cooking a regular Indian meal for an average family is rising sharply as vegetable prices hit new highs, with everyday greens now as pricey or pricier than exotics. Going by the current prices, a humble bhindi or guvar sabzi may cost more than a takeaway meal. Retail prices of vegetables like okra, ivy gourd (tindora), bottle gourd, and tomatoes surged well beyond the Rs 100/kg mark in Ahmedabad markets, turning daily nutrition into a household budgetary challenge.The steepest spike is seen in ivy gourd (tindora), now priced at Rs 216 a kilogram, ...Read More >
Guwahati, Jul 15 (PTI) Congress president Mallikarjun Kharge and Leader of Opposition in Lok Sabha Rahul Gandhi will visit Assam on Wednesday during which they will interact with party functionaries of the state. State Congress chief Gaurav Gogoi said the district, block and mandal presidents of the party will be able to present their views before its top leadership during Kharge and Gandhi's visit. Also Read | Did Lucknow Court Judge Take Selfie With Rahul Gandhi During Hearing of Indian Army 'Defamation' Case? BJP's Amit Malviya Found Fake in Fact Check. "I look forward to welcoming Shri ...Read More >
Uber has launched India's first Shikara ride on Srinagar's Dal Lake, offering a unique and scenic experience. This new service allows passengers to enjoy the tranquil beauty of the lake while riding in a traditional Shikara boat. Booking is easy through the Uber app, with rides available daily from 10 AM to 6 PM. This initiative aims to boost tourism in the region while providing locals with a new way to experience the lake. With Uber's entry into the Shikara market, visitors can now enjoy a blend of modern convenience and traditional charm on Dal Lake. ...Read More >
BHUBANESWAR : Unable to regulate retail price of the potato even after normal flow of the tuber from West Bengal and Uttar Pradesh, the state government has decided to provide the kitchen essential to consumers at a subsidised rate through the National Agricultural Cooperative Marketing Federation of India Limited (NAFED). In the first phase of its market intervention initiative, the state government has procured 60 tonnes of potato from Uttar Pradesh through NAFED and the same will be available ...Read More >
Hisar, Jun 5 (PTI) Haryana Chief Minister Nayab Singh Saini Thursday announced the establishment of natural and organic mandis in Gurugram and Hisar to promote natural farming on a large scale in the state. The Gurugram mandi will cater to produce such as wheat, paddy and pulses, while the Hisar mandi will focus on fruits and vegetables grown through natural and organic methods. In addition, a committee will be formed under the Haryana Kisan Kalyan Pradhikaran to determine fair pricing for produce grown using natural and organic farming practices. The Chief Minister made these announcements ...Read More >
Thiruvananthapuram: Ravada A Chandrasekhar took charge as the new State Police Chief on Tuesday. He succeeds Shaik Darvesh Saheb, who retired on June 30. His tenure will run until July 1, 2027. A 1991-batch IPS officer currently serving as Special Director with the Intelligence Bureau, Chandrasekhar is on central deputation. He was selected over Nitin Agarwal, who topped the official list of probables. The appointment order, issued by Kerala Chief Secretary Dr A Jayathilak on behalf of the Governor, was released soon after a cabinet meeting held on Monday. Hailing from Andhra Pradesh's Godav ...Read More >
CHENNAI: Vegetable prices at the Koyambedu Wholesale Market in Chennai recorded moderate fluctuations on June 7 (Saturday), with several items registering notable increases. According to traders, the price of carrots and bitter gourd rose by Rs 20. Carrots, which were priced at Rs 30 per kg on June 1, are now selling at Rs 50. Bitter gourd, earlier sold at Rs 25, is currently priced at Rs 40. Brinjal also recorded a sharp rise of Rs 15 per kg, increasing from Rs 25 to Rs 40. Additionally, the prices of small onions (shallots), Ooty beetroot, and chow chow increased by Rs 10. Small onions we ...Read More >
CHENNAI: The price of vegetables at Chennai's Koyambedu wholesale market remained unchanged on July 11 (Friday). According to the traders, snake gourd, which was sold at Rs 20 per kg last week, is now being sold at Rs 30 per kg after a Rs 10 increase. Lemons have been consistently sold at Rs 50 per kg since June, with no price changes. Garlic is priced at Rs 150 per kg, while green peas are being sold at Rs 180 per kg. Similarly, beans are sold at Rs 80 per kg. Drumsticks are priced at Rs 50 per kg, and yam is sold at Rs 60 per kg. Brinjal, bitter gourd, and potatoes are all being sold at R ...Read More >
New Delhi, May 26 (PTI) Zepto Co-Founder and CEO Aadit Palicha has accused the chief financial officer of a competing company of orchestrating a smear campaign against his quick commerce platform. In a LinkedIn post on late Sunday, Palicha, not taking names, alleged that the CFO of one of Zepto's competitor firms has been reaching out to Zepto's investors with unsubstantiated claims, distributing false financial data to journalists, and employing bots to spread negative narratives about Zepto on social media. "Over the past few days, the CFO of one of our competitors has been trying to build ...Read More >
Panaji : Women-centric empowerment programmes under the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission, (DAY- NRLM) of the Centre have resulted in 3,250 self-help groups (SHGs) being formed in the state, of which 1,120 SHGs are credit linked and have taken Rs 340 crore loans from banks for business, Chief Minister Pramod Sawant said on Tuesday. Sawant, who inaugurated a two-day state level bankers' conclave organised by the Goa State Rural Livelihood Mission (GSRLM), said, "If all the SHGs were credit-linked, the loans extended by banks to them would have easily crossed Rs 900 ...Read More >
New Delhi [India], December 3 (ANI): Congress MP Priyanka Gandhi Vadra on Tuesday expressed her sorrow over the havoc wreaked by Cyclone Fengal in south India including Tamil Nadu and Puducherry. Offering her condolences to those who lost their loved ones, Vadra appealed to the Congress workers to work with the administration in relief work amid the crisis. "Deeply saddened by the devastation caused by Cyclone Fengal in Tamil Nadu and Puducherry. My prayers are with those who have lost loved ones and those facing immense loss and hardship. I appeal to all Congress workers to join hands with ...Read More >
Bhubaneswar: In response to the ongoing supply issues with West Bengal, the Odisha government has announced an ambitious plan to cultivate potatoes on 15,023 hectares of land. Deputy Chief Minister KV Singh Deo outlined the initiative during a recent Assembly session, emphasizing the need to boost local production to mitigate the impact of the supply disruption. The Deputy CM highlighted that steps have been taken to increase potato production in key districts such as Cuttack, Kandhamal, Keonjhar, Sundargarh, and Koraput. These districts are known for their favorable conditions for tuber cul ...Read More >
New Delhi [India], June 28 (ANI): The Naval Investiture Ceremony, held at Nausena Bhawan, honoured several personnel of the Indian Navy with gallantry awards for their exemplary service. The awards were conferred to honour and recognise bravery, leadership, professional achievement, and distinguished service of Naval Personnel. Also Read | Ludhiana Suicide Case: Elderly Business Couple Dies by Suicide After Alleged Harassment by Bank Officials Over Loan Repayment, Probe Underway. A total of 51 personnel were conferred with awards during the ceremony, which included one Yudh Seva Medal, thir ...Read More >
Mumbai: Passengers traveling via Western Railway will now have to spend more on snacks and meals at station canteens, as authorities have implemented a price hike of up to 20 percent on a wide range of food items. The revised rates, which came into effect on July 1st, 2025, are now applicable at all canteens and stalls on platforms under the jurisdiction of Western Railway. Among the major changes, traditional snacks like a single Potato Vada, Samosa, and Sabudana Vada are now priced at Rs 15 each. Other favorites, such as 100 grams of Khaman or Dhokla served with tomato ketchup, are availabl ...Read More >