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.
KOLKATA: Tata Group chairman Natarajan Chandrasekaran came down to Nabanna on Wednesday to meet Mamata Banerjee - the first time a Tata Group chairman has done so in her 14-year tenure as West Bengal CM - to discuss future investment in the state.Chandrasekaran met Banerjee for about an hour at the latter's 14th-floor office, also marking the first face-to-face conversation between a Bengal CM and the Tata Group's senior-most executive since the group's forced exit from Bengal in 2008 amid the tumultuous Singur agitation (which was led by Banerjee, then the state's principal opposition leader).The Tata Group has a strong presence in Bengal through multiple entities - like TCS, Tata Hitachi, Tata Steel and Tata Global Beverages (formerly Tata Tea). There was no official communication from the administration on the subject of Wednesday's meeting but Nabanna seniors said it revolved around the availability of large land parcels in the state. Another topic that the discussion might have explored was the possibility of a direct Air India flight to Europe, they added.Chandrasekaran holds the post once held by Ratan Tata for close to two decades, and then by Cyrus Mistry. Banerjee has never met either Tata or Mistry after taking over as Bengal CM.The Tata Group (and Tata Sons) chairman was accompanied by Confederation of Indian Industry director-general Chandrajit Banerjee. State chief secretary Manoj Pant, too, was present. Chandrasekaran left the city after the meeting, officials said.
IMPHAL, Nov 17: The NPP on Sunday withdrew support from the BJP-led Government in Manipur, even as violence continued to rock the state as offices of the Congress and the saffron party were ransacked in the hill district of Jiribam where an unidentified body was found earlier in the day, officials said. Follow the Daily Excelsior channel on WhatsApp A BJP MLA's ancestral house was vandalised in Imphal Valley while a building owned by Ashab Uddin, the Independent legislator of Jiribam, was ransacked, officials said. The incidents occurred a day after irate mobs set fire to the residences of ...Read More >
Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...Read More >
The annual 'Kartheeka Brahmotsavams' began at the temple of Goddess Sri Padmavati Ammavaru at Tiruchanur here on November 28 (Thursday). Priests hoisted the 'Dhwajapatam', the sacred flag bearing the imprint of the divine elephant (the celestial carrier of Goddess Padmavati), atop the temple flag post as part of the 'Dhwajarohanam' ceremony, which signalled the formal launch of the nine-day fete. Under the guidance of the 'Pancharatra Agama' adviser Manikantha Swamy, the officiating priest (Kankana Bhattar), K. Srinivasacharyulu, and priest Babu Swamy conducted the rituals. Executive Office ...Read More >
Air India launched a Black Friday Sale with discounts up to 20% on domestic flights and up to 12% on international flights to various destinations. The sale is available through the airline's website and mobile apps. Additional savings are possible with waived convenience fees and specific payment methods. The airline continues offering student and senior citizen discounts.Air India on Friday launched a limited-time Black Friday Sale offering discounts of up to 20 per cent off base fares for domestic flights within India. The Tata-owned airlines will also offer up to 12 per cent off base fares ...Read More >
Mumbai (Maharashtra) [India], December 4 (ANI): BJP leader Devendra Fadnavis, Shiv Sena chief Eknath Shinde and NCP chief Ajit Pawar on Wednesday met Governor CP Radhakrishnan to stake claim to form the Mahayuti government. BJP's Central Observers for the state, Union Minister Nirmala Sitharaman and Vijay Rupani were also present at the meet. Also Read | Stock Market Today: Indian Stock Market Ends in Green, All Eyes on RBI's MPC Decision on Repo Rate. Fadnavis is scheduled to take oath as the Chief Minister on December 5 after being unanimously chosen as Leader of Maharashtra BJP Legislati ...Read More >
Hit by economic slowdown and poor infrastructure, industrialists from Jharkhand's key industrial districts -- East Singhbhum, West Singhbhum, and Seraikela-Kharsawan -- are looking to the newly formed state government for revival and support. The industrial zones of Adityapur, Gamharia, Kandra, and Chandil have been grappling with inadequate infrastructure, including poorly maintained roads, lack of bridges, erratic water supply, and unreliable power. Entrepreneurs in these regions hope the new administration will address these issues and work toward improving the state's industrial ecosystem ...Read More >
Hardik Pandya played an excellent knock of 69 runs in 30 balls to lead Baroda to a three-wicket win over Tamil Nadu in a high-scoring Group B match at the Holkar Stadium in Indore on Wednesday. Hardik's innings included four 4s and seven 6s. Out of those seven sixes, four came in the 17th over bowled by left-arm pacer Gurjapneet Singh. Chasing a stiff total of 222, Baroda was at 121 for 4 when Hardik came out to bat after the dismissal of his elder brother Krunal. The equation came down to 66 needed off 24 balls when Gurjapneet, a 6'3" seamer bought for Rs 2.2 crore by five-time Indian Prem ...Read More >
In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...Read More >
Meet Venkata Datta, Hyderabad techie, who is set to marry badminton star PV Sindhu The KYC Bubble: How digital ID's could trigger a global collapse 5 reasons why Allu Arjun will become biggest pan-India star with Pushpa 2: The Rule This is world's weirdest hotel where guests stay to get insulted, pay Rs 20000 room rent, it is located in... Vikrant Massey breaks silence on his 'retirement' announcement, says his post was misread: 'I'm not...' After breakup with Arjun Kapoor, Malaika Arora does 'Nain Matakka' with another actor, netizens react Naga Chaitanya-Sobhita Dhulipala wedding: Allu ...Read More >
Traffic Diversions for oath-taking: The swearing-in ceremony of the new Maharashtra Chief Minister will be held at Azad Maidan in South Mumbai tomorrow, December 5. Mumbai Traffic Police has issued an advisory in view of the event. The traffic diversions will remain in place from 12 PM tomorrow till the end of the programme. Devendra Fadnavis was on Wednesday unanimously elected as Maharashtra BJP legislature party's leader, paving the way for his swearing-in as the chief minister for a third time. Prime Minister Narendra Modi and other BJP leaders are set to attend the grand swearing-in cerem ...Read More >
Bhubaneswar: In a new twist to the prevailing potato crisis in Odisha, Food and Civil Supplies Minister Krushna Chandra Patra on Thursday blamed the West Bengal Chief Minister Mamata Banerjee for "playing dirty politics over the tuber" to defame the BJP government in the state. Speaking to the media today, Patra alleged that an artificial scarcity of potatoes has been created to defame the state government. Stating that he was clueless about the politics by West Bengal Chief Minister, he said, "I fail to understand why Mamata Banerjee first stopped the supply of potatoes to Odisha and later a ...Read More >
Lalu Yadav was reacting to Nitish Kumar's plans to launch the Mahila Samwad Yatra, an initiative aimed at directly engaging with women in Bihar. RJD chief Lalu Prasad Yadav on Tuesday stoked controversy after passing a sexist remark at Nitish Kumar's upcoming women's rally, saying that the Bihar Chief Minister was attending it to "ogle at women." Yadav was reacting to Kumar's plans to launch the Mahila Samwad Yatra, an initiative aimed at directly engaging with women in Bihar. "Nain sekne ja ra ...Read More >
Bhubaneswar: The Odisha Assembly on Tuesday witnessed a noisy scene as Opposition BJD and Congress members held protests inside the House over alleged non-payment of salaries to around 60,000 women supporting staffers under the 'Mission Shakti' scheme. Leader of Opposition Naveen Patnaik accused the BJP government of "conspiring to stop" salaries of the 'Mission Shakti' staff. As soon as the Question Hour began, the BJD and Congress members trooped to the well of the House and demanded immediate release of salaries of around 60,000 women supporting staff working under the 'Mission Shakti' sch ...Read More >
The family of a 25-year-old Air India pilot, who died by suicide at her Mumbai home, alleged that her boyfriend used to humiliate her and extort money from her. Aditya Pandit, 27, was arrested on Wednesday on charges of abetment to suicide. Srishti Tuli was found dead at her rented accommodation in Mumbai's Marol after an argument with her boyfriend over the phone. She allegedly used a data cable to hang herself. ALSO READ: 'Can't Be Divided Or Silenced': Hemant Soren's Dig At BJP Before Taking Oath As Jharkhand CM Pandit told police that he rushed to Tuli's flat, which was locked from the ...Read More >
Itanagar, Dec 5 (PTI) The Arunachal Pradesh government has inked a memorandum of agreement (MoA) with the Indian Army for the maintenance and upkeep of the Major Ralengnao Bob Khathing Museum of Valour in Tawang district. The memorandum was signed by Tawang Deputy Commissioner Kangki Darang and Brigadier VS Rajput of the 190 Mountain Brigade on Wednesday in the presence of Chief Minister Pema Khandu. With this agreement, the museum will be effectively managed solely by the Indian Army, an official statement said here on Thursday. On the occasion, Khandu paid tributes to Sardar Vallabhbhai P ...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 >
HYDERABAD: The BRS leaders and activists performed "palaabhishekam" to Telangana Talli statues across the state on Tuesday as part of their protests against the state government changing the statue design. Describing the Telangana Talli statue as a legacy of the statehood movement, BRS MLC and Telangana Jagruthi president K Kavitha condemned the state government's unilateral decision to replace the historic symbol. Kavitha performed "palaabhishekam" and "panchamrutam abhishekam" to the Telangana Talli statue at Telangana Bhavan in Hyderabad. Alleging that the symbol of Mother Telangana was ...Read More >
The Sena UBT chief spokesperson was reacting to Rashtriya Janata Dal chief Lalu Prasad's comment that West Bengal Chief Minister and Trinamool Congress supremo Mamata Banerjee should be allowed to lead the INDIA bloc. Sena (UBT) Rajya Sabha MP Sanjay Raut on Tuesday said that his party was open to discuss if someone outside of the Congress party should lead the Opposition INDIA bloc. Speaking in New Delhi Delhi, Raut said that all the constituents of the INDIA bloc are willing to have a discuss ...Read More >
The National Investigation Agency (NIA) has launched an investigation into three cases of violence in Manipur, including the abduction and killing of six women and children from the State's Jiribam district on November 11. The anti-terror agency re-registered three cases afresh on November 13 after the Ministry of Home Affairs decided to hand over the cases to it considering the gravity of the offences amid escalating violence in the strife-torn State. "The objective is to unearth the larger conspiracy behind the brutal attacks," an NIA spokesperson said on Tuesday (November 26, 2024). Last ...Read More >
Mumbai, November 29: The Indian stock market opened in green on Friday as buying was seen in the Media and Pharma sector in early trade. At around 09.44 a.m., the Sensex was trading at 79,369.57 after gaining 325.83 points or 0.41 per cent, while the Nifty was trading at 24,019 after rising 104.85 points or 0.44 per cent. The market trend remained positive. On the National Stock Exchange (NSE), 1345 stocks were trading in the green, while 876 stocks were in the red. Nifty Bank was up 224.45 points or 0.43 per cent at 52,131.30. Nifty Midcap 100 index was trading at 56,397.95 after gaining 97. ...Read More >
Thiruvananthapuram, Dec 10 (PTI) 'I'm Still Here' (Portugal), a 2024 political biographical drama film directed by Walter Salles will be the opening film of the 29th International Film Festival of Kerala (IFFK) beginning here on December 13. The movie, a Brazil-France co-production, deals with the story of a mother and activist searching for her missing husband, a dissident politician during the military dictatorship in Brazil. The festival will be officially inaugurated by Kerala Chief Minister Pinarayi Vijayan at a function to be held at the Nisagandhi auditorium on December 13 evening, St ...Read More >
Kolkata, Dec 12 (VOICE) BJP leader Rahul Sinha on Thursday accused West Bengal Chief Minister Mamata Banerjee of not genuinely wanting the INDIA bloc to succeed, amid ongoing speculations about her leadership aspirations within the Opposition alliance. Sinha's remarks came after Mamata Banerjee expressed her willingness to lead the INDIA bloc, receiving backing from some alliance leaders. Following this, Mamata thanked her 'supporters', stating that she is "indebted" to their faith in her and wishes for the alliance's success. Reacting to her statements, Sinha accused Mamata of harbouring pe ...Read More >
While India's growth story remains intact, market returns may moderate in the near term after two years of outperformance. After a sharp correction from the record highs of September, the equity market is widely anticipated to swing within a range as it wavers through moderating earnings growth, consumption slowdown, lofty valuations, and other global macroeconomic headwinds. Even though a persistent sideways movement of the market is likely to drag overall returns, traders are shifting towards pair trading to beat the market. Pair trading is a market-neutral strategy that allows investors t ...Read More >
Mumbai, Dec 3 (PTI) Maharashtra's caretaker Chief Minister Eknath Shinde on Tuesday visited a private hospital in Thane for a "check-up," two days before a new CM is sworn in at an open ground ceremony in south Mumbai. Even as it is not known yet who would take oath as chief minister at Azad Maidan on the evening of December 5, preparations are in full swing for the ceremony, to be attended by Prime Minister Narendra Modi, about 2,000 VVIPs and some 40,000 supporters. Shinde, who had been staying at his private residence in Thane for the last few days, visited the hospital in the morning. "I ...Read More >
Kolkata: The Enforcement Directorate (ED) conducted raids at multiple locations in West Bengal in connection with irregularities in the medical admissions in the state under the non-resident Indian (NRI) quota. The irregularities in medical admissions come after a major recruitment scam in Bengal in 2022, where former Education Minister Partha Chatterjee and his close aide were arrested. The raids and search operations were conducted in multiple locations in the state. ED reportedly started the investigation based on a complaint filed in the Electronic Complex Police Station under Bidhannagar ...Read More >
Thiruvananthapuram | 'I'm Still Here' (Portugal), a 2024 political biographical drama film directed by Walter Salles will be the opening film of the 29th International Film Festival of Kerala (IFFK) beginning here on December 13. The movie, a Brazil-France co-production, deals with the story of a mother and activist searching for her missing husband, a dissident politician during the military dictatorship in Brazil. The festival will be officially inaugurated by Kerala Chief Minister Pinarayi Vijayan at a function to be held at the Nisagandhi auditorium on December 13 evening, State Culture ...Read More >
NCP (SP) leader Supriya Sule is consulting experts on Electronic Voting Machines (EVMs) following Maharashtra's assembly poll results. The opposition questions EVM credibility after the Mahayuti coalition's significant win. Sule advocates for ballot papers, citing other countries' adoption, and will announce a final decision soon.NCP (SP) leader Supriya Sule on Saturday said the opinion of experts is being sought over the "EVM issue" in the wake of the Maharashtra assembly polls' mandate as she b ...Read More >
Bhopal: The Gita recitation programme by the Madhya Pradesh government has found a place in the Guinness World Records. "More than 7,200 'acharyas' and 'vatuks' collectively recited the third chapter 'Karma Yoga' on Wednesday, making a record," a statement issued by the government said. The event was parallely organised at Bhopal's Lal Parade Ground and Ujjain to mark the sacred occasion of Gita Jayanti. Chief Minister Mohan Yadav said that the collective recitation of the Gita by thousands of Acharyas in Bhopal and Ujjain has been registered in the 'Guinness Book of World Records'. He con ...Read More >
Kochi: The High Court has directed the Kerala state government to convince the central government that the state deserves more assistance for the Wayanad landslide disaster. The division bench also expressed its readiness to mediate between the central and state governments in this regard. According to the latest figures, the state disaster relief fund holds around Rs 700 crore, but only Rs 61 crore is available for expenditure, as reported by the amicus curiae. Kerala: Court orders inclusion of abetment charges against police officers in Dalit youth suicide case The Kerala state government ...Read More >
CHENNAI: Singles, Doubles, and the Team Championship - the 18-year-old Chennai girl, the daughter of an auto driver from Kasimedu, left nothing for competitors from around the world at the sixth edition of the Carrom World Cup held in the US which Team India swept. The Women's Singles final was a hard-fought contest, where the 18-year-old M Khazima kept her nerves to defeat 12-time national and multiple World Cup winner Rashmi Kumari from Bihar. With this victory, Khazima became the youngest Carrom World Champion. Khazima, whose father Mehaboob Basha is an auto driver from Kasimedu, had been ...Read More >