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, July 8 (SocialNews.XYZ) The UAE authorities have clarified that the country's Golden Visa initiative remains a government-regulated programme. All nominations undergo a government-led vetting process, even those coming from authorised agents, with the final decision resting solely with UAE authorities, an official statement said. "Golden Visas may be granted by the UAE Government on several grounds, including but not limited to real estate investment to the tune of AED 2 million, business ownership, and distinguished contributions in fields such as science, medicine, the arts, culture, media, and sport," it said. The statement comes against the backdrop of real estate firms interpreting the UAE's Golden Visa as something that was up for grabs on the purchase of property. An impression had been created that the golden visa can be picked up by Indian nationals on a nomination basis by merely paying a one-time fee. The UAE government has made it clear that eligibility is not automatic and has to go through a government-regulated process. According to Akash Puri, Director International, India Sotheby's International Realty, this change brings a two-pronged impact for Indian real estate investors. Historically, property investment was one of the few avenues to secure long-term residency, prompting a surge of interest from Indian investors seeking both capital preservation and immigration benefits. "With the visa now accessible through broader channels, the urgency to invest solely for residency purposes is likely to ease -- particularly in the mid-market and entry-level segments. This could cool speculative buying and encourage more grounded investment behaviour," said Puri. Luxury and trophy assets will continue to appeal to ultra-HNWIs, who are largely unaffected by the new professional-centric criteria. "For Indian investors, this is a cue to recalibrate: from residency-led transactions to value-led strategies. Over time, this evolution could establish a more stable, resilient real estate market -- one that rewards strategic, long-term participation over short-term speculation," Puri emphasised. The UAE's Golden Visa is a long-term residence permit that grants holders the right to live, work, or study in the country. It includes multiple-entry options, no sponsor requirement, and the ability to sponsor family and domestic workers.
New Delhi, Jul 9: In line with its vision to become an engine of growth and diverting from an oil-based economy, the United Arab Emirates (UAE) has restructured its visa programme to offer renewable residency of up to 10 years for investors, entrepreneurs, scientists, doctors, athletes and students. The UAE's "Golden Visa" programme provides talented and high-net-worth Indians and other nationalities the opportunity of long-term residency in the Gulf nation, UAE officials said. One of the most significant aspects of the government-regulated visa programme is that the applicants do not requir ...Read More >
Berlin/New Delhi: Germany has introduced a visa that allows people from outside the European Union (EU), including Indians, to live and work in the country as freelancers for up to one year. Known as the Freelance Visa or Freiberufler visa, it is designed for self-employed professionals such as writers, designers, consultants and artists. The visa can later be extended for up to three years if the individual continues to meet the necessary requirements. It offers a chance to explore Germany's culture and economy while working independently. The Freelance Visa is part of Germany's larger visio ...Read More >
New Delhi: Harvard University economist Kenneth Rogoff on Wednesday said the high tariffs on several countries, including India, and the steep H-1B visa fee hike imposed by the Trump administration will hold back the US economic growth. US President Donald Trump's decision to increase the application fee for H-1B visas is expected to impact Indian nationals, who accounted for almost 70 per cent of all such visas issued in the last few years. "The new visa rules were done in a very haphazard manner and not in a very thoughtful way. The visas for high-skilled workers should be given very liber ...Read More >
Amritsar: BJP MP Nishikant Dubey from Jharkhand has claimed that Britain assisted India in executing the 1984 Operation Bluestar at the Golden Temple in Amritsar, stoking a new controversy.In a post on X on Monday, Dubey alleged that then PM Indira Gandhi "launched an attack on the Golden Temple in collaboration with Britain", with British Army officers present in Amritsar.He uploaded a classified British document, "Sikh Community", claiming that on Feb 23, 1984, the UK Foreign and Commonwealth Office mentioned in a letter that the Indian govt had sought British advice over a plan to remove Si ...Read More >
Pune, Sep 30 (PTI) Pune-based gangster Nilesh Ghaywal has managed to secure a passport and visa and travel abroad despite facing multiple serious criminal cases, prompting police to launch a probe into the matter, officials said. A Look Out Circular (LOC) had been issued against Ghaywal, believed to be abroad currently, even as he faced fresh criminal charges in a road rage case in which a man was shot at by five to six of his associates in Pune, police said on Sunday. "We have already issued an LOC against Ghaywal and now we are probing how he managed to obtain a passport despite having mul ...Read More >
ISLAMABAD: Indian authorities have confirmed that Sajid Akram, one of the perpetrators of the deadly terror attack at Sydney's Bondi Beach, was an Indian citizen originating from Hyderabad in Telangana. Akram, aged 50, migrated to Australia in 1998 and held an Indian passport at the time of the incident. Telangana Police stated that his radicalisation showed no links to India.The attack on December 14, 2025, targeted a Hanukkah celebration, resulting in 15 deaths and over 40 injuries. Australian officials described it as an ISIS-inspired terrorist act. Sajid Akram was killed during an exchange ...Read More >
BENGALURU -- Police in India are trying to piece together the story of a Russian woman who was found living in a cave in the southern state of Karnataka with her two young daughters. Nina Kutina was rescued on 9 July by policemen who were on a routine patrol near Ramteertha hills in the Gokarna forest, which borders the tourist paradise of Goa. Authorities say the 40-year-old and her daughters - six and five years old - do not have valid documents to stay in India. They have been lodged in a detention centre for foreigners near Bengaluru, the state capital, and will be deported soon. Kutina ...Read More >
Hyderabad/New Delhi: In a major reform aimed at streamlining travel and immigration processes, the central government has announced that visas can now be issued within a single day, provided all required documents are submitted. Union Minister of State for Home Affairs Bandi Sanjay Kumar chaired a high-level review meeting with senior officials of the Foreign Affairs Department at North Block on Wednesday, focusing on visa simplification and enhanced monitoring of illegal immigrants. Officials briefed the Minister on the progress made in visa reforms. The number of visa sub-categories has bee ...Read More >
New Delhi: In a candid interview, Indian High Commissioner to Canada Dinesh K. Patnaik, whose roots trace back to Odisha, raised alarm over the safety of Indian nationals living in Canada and questioned why even a diplomatic envoy like himself must be under security protection. In his comments to Canadian national broadcaster CTV, Patnaik stated, "Is Canada safe for Indians here? Is Canada safe for itself? Because Canada cannot look at this situation as an Indian problem. It's a Canadian problem." He added: "The High Commissioner of Canada in India does not need protection. The High Commissio ...Read More >
New Delhi, Oct 23 (PTI) Days after London-based scholar Francesca Orsini was deported from the IGI Airport over alleged violation of visa conditions, the Congress on Thursday said the decision to bar her from the country is not a matter of immigration formality but a "symptom of the Modi government's hostility towards independent, serious-thinking, professional scholarship". Orsini, a scholar of Hindi and professor emerita at the School of Oriental and African Studies (SOAS), was deported Monday, soon after she arrived from Hong Kong, a source in the Ministry of Home Affairs had said. Orsini ...Read More >
HYDERABAD: Indian authorities have confirmed that Sajid Akram, one of the attackers involved in the Bondi Beach shooting in Australia, hailed from Hyderabad, India. Akram, who was 50 years old at the time of his death, moved to Australia in 1998 on a student visa. His last visit to India was in 2022, with Indian officials stating that he had limited contact with his family in Hyderabad after relocating to Australia. Akram's son, Naveed, the second attacker, was born in Australia in 2001 and holds Australian citizenship. He was critically injured during the shooting and is currently receiving ...Read More >
New Delhi, Jul 12 (PTI) Indian students, tourists, business travellers and those working in technology firms planning to head to the United States may soon have to pay more than double the existing visa fee due to a new 'visa integrity fee' being imposed by the US, according to immigration service consultants. The 'visa integrity fee' finds a mention in the 'One Big Beautiful Bill' (now an Act) signed by President Donald Trump on July 4. Immigration domain watchers and firms facilitating students for study abroad have been closely watching this bill before Trump signed his package of tax bre ...Read More >
NEW DELHI: India is witnessing a growing trend of capital flight as high-net-worth individuals (HNWIs) increasingly invest in overseas assets and seek residency or citizenship abroad. According to the Henley Private Wealth Migration Report 2025, India is expected to lose 3,500 millionaires this year alone, making it one of the top countries experiencing outflows of wealthy individuals. Affluent investors from tier-2 and tier-3 cities are also buying real estate abroad, especially in Dubai, often for rental yields of 7%-11%. The migration of millionaires is part of a global realignment of weal ...Read More >
New Delhi: America's H1-B visa has been an important way for foreigners to get work here and people from all over the world try to get this document, especially Indians who go to great lengths to get an H1-B visa in large numbers. According to reports, the Trump administration is going to make big changes in the rules for issuing this visa, which can have a direct impact on Indians. The Trump administration is also considering making the citizenship test stricter. Joseph Edlow, the new director of the US Citizenship and Immigration Service (USCIS), said in an interview to the New York Times ...Read More >
Mumbai, Jul 3 (PTI) An Air India flight from Delhi to Washington, which took off on July 2, could not complete its journey after it developed a technical glitch during a scheduled refuelling stopover in Vienna, the Tata Group-owned airline said on Thursday. Consequently, its return flight from Washington to Delhi, scheduled on July 2, was also cancelled. Also Read | India Weather Forecast: Monsoon in Active Phase, Heavy Rainfall to Continue in Most Parts of India for Almost Entire Week, Says IMD Scientist. Of late, frequent delays and cancellations of long-haul flights by Air India have bee ...Read More >
Hyderabad: BRS senior leader T Harish Rao on Wednesday strongly condemned Chief Minister Revanth Reddy's "baseless and misleading" statements regarding irrigation and water rights in Telangana. Harish Rao accused Revanth Reddy and his Congress government of "mortgaging Telangana's rightful share of water resources and attempting to mislead people with fabricated data and staged presentations." Expressing outrage over the Chief Minister's closed-door meeting with Congress legislators at Praja Bhavan, Harish Rao asserted, "Revanth Reddy, your government deserves to be lashed for betraying Telan ...Read More >
New Delhi: The Ministry of External Affairs (MEA) on Thursday issued a stern reminder to Indian nationals traveling abroad following recent arrests in the United States, underscoring the critical need to adhere strictly to local laws and protect India's international reputation. The caution comes amid rising incidents of legal troubles faced by Indians overseas, highlighting the consequences of unlawful conduct in foreign countries. MEA spokesperson Randhir Jaiswal referred to two notable cases: an Indian tourist allegedly caught shoplifting goods valued at nearly $1,000 from a US store, and ...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: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
New Delhi, India -- Meghna Gupta* had planned it all - a master's degree by 23, a few years of working in India, and then a move to the United States before she turned 30 to eventually settle there. So, she clocked countless hours at the Hyderabad office of Tata Consultancy Services (TCS), India's largest IT firm and a driver of the country's emergence as the global outsourcing powerhouse in the sector. She waited to get to the promotion that would mean a stint on California's West Coast. Now, Gupta is 29, and her dreams lie in tatters after US President Donald Trump's administration upended ...Read More >
New Delhi: Delhi Police has arrested an African national for allegedly defrauding multiple women by posing as a Korean jewellery businessman settled in the UK. The suspect, identified as 29-year-old Stephane, alias K Cee Dominic, was nabbed in west Delhi's Tilak Nagar. The case surfaced when a Shahdara resident filed a complaint stating she was duped of Rs 48,500 by an individual she met on a language learning app, HelloTalk. Using the profile name 'Duck Young', the scammer reportedly established a rapport with her. She said that one day the man claimed he has been detained at Mumbai airport f ...Read More >
Those persons who are staying illegally in the US or have committed visa fraud will be held responsible, the country's embassy in India said on Saturday. The US Embassy in a brief statement on X also said if anyone breaks the US law, they will be punished with "significant criminal penalties". "Those who are in the United States illegally or commit visa fraud will be held responsible. If you break US law, you will be punished with significant criminal penalties," the embassy said in its post. ...Read More >
Srinagar, July 8: In a significant departure from its traditional investment-linked residency system, the United Arab Emirates has launched a nomination-based Golden Visa scheme, allowing eligible Indian nationals to obtain lifetime residency by paying a one-time fee of AED 100,000 (approximately ₹23.3 lakh). The new model eliminates the need for property or business investments. Previously, Indian citizens could access the UAE's Golden Visa primarily through substantial investments, including a minimum of AED 2 million (around ₹4.66 crore) in real estate. Under the revised framework, applica ...Read More >
VMPL New Delhi [India], August 4: The Mayo Alumni Summit 2025 marked a strong beginning to Mayo College's 150th-year celebrations. Held at the Hyatt Regency in New Delhi, the event brought together over 300 alumni and was organized by the Mayo Alumni Association Delhi (MAAD). More than a reunion, the summit served as a platform for dialogue on the institution's future, addressing key themes such as real estate, artificial intelligence, and mental wellbeing. The event served as a prelude to the main 150th-anniversary celebrations scheduled in Ajmer from November 27-30, 2025, where generations ...Read More >
But he said there were no plans to open up more visa routes to Indian workers or students. "The issue is not about visas," Sir Keir said. "It's about business to business engagement and investment and jobs and prosperity coming into the United Kingdom." The UK's trade deal with India was signed in July after years of negotiation. It will mean UK cars and whisky will be cheaper to export to India, and Indian textiles and jewellery cheaper to export to the UK as part of the multi-billion pound t ...Read More >
Professor Francesca Orsini, a scholar of Hindi, was deported from Delhi's IGI Airport. Sources stated she violated her tourist visa conditions. Orsini had been on a blacklist since March 2025. Her deportation has drawn criticism from historians Ramachandra Guha and Mukul Kesavan. They highlighted her contributions to Indian literature and questioned the government's actions. A professor associated with the School of Oriental and African Studies (SOAS) at the University of London was deported fro ...Read More >
New Delhi, Jun 7 (PTI) Delhi Police on Saturday detained 66 Bangladeshi nationals living illegally in the city for several years, officials said. The detainees, who had been residing in northwest Delhi without valid documents are being processed for deportation to Bangladesh, he said. The police coordinated with the Foreigners Regional Registration Office (FRRO) to initiate verification and legal action against these foreign nationals. All of them had entered the country illegally and were living in violation of visa and immigration norms, a senior police officer said. "The FRRO is currentl ...Read More >
Shimla, Jul 17 (PTI) Himachal Pradesh High Court has directed the state government to remove encroachments on forest lands, including the fruit-bearing trees, all across the state and not limit it to some areas. The order was passed by a division bench consisting of Justices Vivek Thakur and Bipin C Negi on Wednesday after the Advocate General placed on record fresh instructions issued by Principal Chief Conservator of Forests, informing that 2,456 apple and other fruit trees have been felled from forest lands in Chaithla village, and 713 and 490 trees in Rohru and Kotgarh forest divisions, r ...Read More >
New Delhi: A 54-year-old Canada-based man, claiming to be a former national-level kabaddi player, has been arrested by IGI Airport police for allegedly issuing fraudulent documents to two of the nine Indian passengers who were deported from Ethiopia six years ago. The case surfaced when on Sept 27, 2019, the passengers were deported from the east African country for possessing fake continuous discharge certificates (CDCs) allegedly issued by the ministry of works, transport and infrastructure, govt of Samoa. Samoa denied having issued the documents. A case was subsequently registered at the IG ...Read More >
Mumbai: An article by Congress leader Rahul Gandhi terming the 2024 state assembly polls as 'match-fixing' stirred a political controversy in Maharashtra. Statement Of Maharashtra CM Devendra Fadnavis Chief Minister Devendra Fadnavis said the Congress leader was insulting the voters and Ladki Bahins of Maharashtra. He said, "Rahul Gandhi has accepted his defeat in Bihar. As long as Rahul Gandhi keeps giving himself false assurances, his party can never win". Revenue Minister Chandrashekhar Bawankule's Statement Revenue Minister Chandrashekhar Bawankule criticised Gandhi, saying his party w ...Read More >