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.

Agartala (Tripura) [India], July 11 (ANI): Tripura Minister Sudhangshu Das attended the 25th National Fish Farmers' Day. In his address, Das expressed deep appreciation to all fish farmers from Tripura and across the country for their relentless efforts in boosting fish production and contributing to the state's economy. The event was celebrated with great enthusiasm at the College of Fisheries, Tripura, under the Central Agricultural University. The event was graced by several dignitaries from the fisheries and academic sectors, paying homage to the legendary fisheries scientist, Professor Hiralal Chaudhuri, the pioneer of induced breeding of Indian major carps in India, dating back to 1957. He highlighted the importance of fisheries as a sector that ensures livelihood and self-reliance for thousands of families. 'Our goal is to further increase fish production in Tripura while fulfilling our internal demand. This sector holds immense potential for employment and economic growth,' the minister said. Das further said, 'Today, we have gathered here at the Fisheries College in Tripura, at the Pre-Vishwas Hall, to celebrate National Fish Farmers' Day. This annual event is primarily organised to pay tribute to the renowned scientist, Professor Dr. Hiralal Chaudhuri, who is regarded as the pioneer of induced breeding of Indian major carps in India in the year 1957. Due to his remarkable discovery, National Fish Farmers' Day is now celebrated across the entire country. On this auspicious occasion, I would like to express my heartfelt gratitude and thanks to all the fish farmers of our state, Tripura, as well as from across the country, for their outstanding contributions in enhancing fish production in our state.' He further stated fisheries sector is one such field where people can earn a livelihood easily, therefore our goal is to further increase fish production in Tripura. 'The fisheries sector is one such field where people can earn a livelihood easily and become self-reliant. Therefore, our goal and vision is to further increase fish production in Tripura while also meeting the state's internal demand. With this aim in mind, we have gathered here today to celebrate this important day. I sincerely thank the respected Dean of the Fisheries College for inviting me on this special occasion. Once again, I would like to pay my deepest respect and heartfelt gratitude to the honorable, proud, and inspirational fisheries scientist Professor Dr. Hiralal Chaudhuri for his extraordinary and memorable contribution to the fisheries sector,' he added. The celebration served as a platform to recognize the legacy of Professor Hiralal Chaudhuri, whose groundbreaking research laid the foundation for scientific aquaculture practices in India. His contributions continue to inspire fishery professionals and policy-makers nationwide. He also extended heartfelt thanks to the Dean and faculty of the College of Fisheries for organizing the program and fostering collaboration among researchers, policymakers, and farmers. (ANI)
Kolkata: Thirty-four fishermen from Kakdwip in two fishing trawlers were allegedly detained by the Bangladesh Navy in the early hours of Monday for allegedly crossing into Bangladeshi waters while fishing in the Bay of Bengal. According to sources, the two trawlers -- FV Jhor and FV Mangalchandi -- were intercepted about 77 nautical miles from the Fairway Buoy of Mongla Port in Bangladesh.Bangladesh media reported that a Bangladesh Navy patrol vessel spotted the trawlers fishing within their exclusive economic zone and detained the crew along with the boats and fishing equipment. The fishermen ...Read More >

-- the proposed Sethusamudram / Sethudundaram project (a shipping canal or bridge between India and Sri Lanka through the Palk Strait) would have far-reaching implications for Sri Lanka. Let's break them down into political, geographical/environmental, and financial/economic aspect 1. Political Implications * Strategic Balance in the Region * India's construction of a bridge or canal would consolidate its influence over the Palk Strait and Gulf of Mannar, potentially reducing Sri Lanka's leverage over regional shipping routes. * Sri Lanka may lose some control over maritime access current ...Read More >

New Delhi [India], April 3 (ANI): India's fisheries sector has emerged as a major contributor to food security, employment, export earnings and sustainable livelihoods, backed by a record ₹39,272 crore investment by the Government of India since 2015. According to an official press release issued by the Ministry of Fisheries, Animal Husbandry & Dairying, the sector supports nearly 30 million fishers and fish farmers at the primary level and almost twice as many across the value chain. Ranked t ...Read More >

Haldia (West Bengal) [India], April 9 (ANI): Prime Minister Narendra Modi on Thursday termed the Trinamool Congress regime as a "syndicate-driven" government, where any developmental work or investment cannot be carried forward without "cut money or commission." Addressing a public rally here, the Prime Minister reflected on the "development" in the other BJP-ruled states, expressing confidence that same can be achieved by West Bengal if the party comes to power. "TMC has run a syndicate-driven system, where nothing moves without cut money and commissions. But factories run on trust, not on ...Read More >

MUMBAI: A directive from the state prohibiting the sale of fish at Sassoon Docks, one of Mumbai's oldest and most active fish landing sites, has stirred the waters for the fishing community, especially Kolis at Colaba and Cuffe Parade. The ban on fish sales, recently imposed by the Maharashtra state fisheries department, is a first at the dock and, according to the Koli community, oversteps the annual ban on fishing during the monsoon from June 1 to July 31. While the community acknowledges the need to prohibit fishing during the monsoon months, as it protects marine biodiversity during the b ...Read More >
Hyderabad: As part of a 170-year-old tradition, tens of thousands of devotees assembled at the Nampally Exhibition Grounds on Sunday to receive the famous fish prasadam on the occasion of Mrigasira Karte. This annual ritual is said to offer relief from respiratory ailments like asthma and bronchitis.The event, which began at 11 am, was inaugurated by transport minister Ponnam Prabhakar. "For 170 years, the Bathini family has been providing fish prasadam to lakhs. What began in Doodh Bowli has now evolved into a massive event," he said.The state's fisheries department reported over 50,000 token ...Read More >

MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC Bank, Eternal (Zomato), HUL, Sun Pharma, Bajaj Finance, ICICI Bank, Titan and Bajaj Finserv ...Read More >

Monsoon rainfall trends caused the sudden surge of juvenile Indian oil sardines along Kerala's coast in 2024 and the subsequent ecological and economic fallout, according to a study by the ICAR-Central Marine Fisheries Research Institute (CMFRI). The study, published in Current Science, highlighted how climate-driven oceanographic changes shape the boom-and-bust cycles of this vital fishery, underscoring the urgent need for dynamic fishery forecast models and harvest rules, according to a commun ...Read More >
Mumbai: Fishermen will get electricity concessions like farmers. Upto 44% electricity tariff will be waived. The concession is applicable due to the agricultural status given to fishing business.The concessions are applicable to fishermen, fish breeders and fish traders. A Govt Resolution (GR) by the fisheries department was issued to apply electricity tariff concession to fishing business projects at the same rate as agriculture. Fisheries minister Nitesh Rane said registration under National Fisheries Development Board (NFDB) is required to avail the concession."In the backdrop of giving equ ...Read More >
Bhubaneswar: The Odisha Cabinet on Friday decided to implement two new schemes for the development of biotechnology and to enhance urban infrastructure. The Cabinet also gave its nod to a proposal to float a tender for Chheligada multipurpose medium irrigation project in Gajapati district. These proposals were approved at the Cabinet meeting chaired by Chief Minister Mohan Charan Majhi. "The two new schemes, named 'Development of Biotechnology' and 'Mukhya Mantri Sahari Bikash Yojana (MSBY)', aimed at creating employment and strengthening the State's economy," Chief Secretary Manoj Ahuja told ...Read More >

Bhubaneswar (Odisha) [India], July 10 (ANI): The Department of Fisheries, Ministry of Fisheries, Animal Husbandry, and Dairying (MoFAH&D), celebrated National Fish Farmers' Day 2025 on Thursday at ICAR-Central Institute of Freshwater Aquaculture (CIFA) in Bhubaneswar. The event recognized the invaluable contributions of fishers, fish farmers, and fisher folk to the nation's burgeoning fisheries sector. Also Read | Physical Brawl at Congress Office in Ara: Chaos and Disruption Erupts As INC Workers Clash During Party Event in Bihar in Front of Senior Leaders (Watch Videos). Union Minister fo ...Read More >

New Delhi [India], July 12 (ANI): Assam Chief Minister Hemanta Biswa Sarma on Saturday, inaugurated India's first Aqua Tech Park in Sonapur, Assam, with an aim to boost fish production. Additionally, this will help in generating earning opportunities in the state of Assam. Also Read | Air India Plane Crash: AAIB Report Preliminary, We Can't Say Anything Definite at This Point, Says MoS Civil Aviation Murlidhar Mohol (Watch Video). "India's first Aqua Tech Park inaugurated in Sonapur, Assam. Dedicated the Aqua Tech Park,a first of its kind in India which will greatly boost fish production an ...Read More >

New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >

New Delhi [India], July 18 (ANI): Ahead of Prime Minister Narendra Modi visit to Bihar on Friday, Rashtriya Janata Dal (RJD) supremo and former Bihar Chief Minister Lalu Prasad Yadav stated that the PM was coming to the state to tell lies. झूठ बोलने आज बिहार आ रहे है प्रधानमंत्री मोदी। क्या आप झूठ सुनना पसंद करेंगे? In a post on social media X, Yadav shared a poster of the PM and wrote, Prime Minister Modi is coming to Bihar today to tell lies. Would you like to listen to lies? The PM will visit Bihar Motihari today, where he will inaugurate and lay the foundation stone of multiple develo ...Read More >

Patna (Bihar) [India], July 18 (ANI): Ahead of Prime Minister Narendra Modi visit to poll-bound Bihar, state BJP President Dilip Jaiswal stated that the Prime Minister will dedicate projects worth over 7,000 crores to the public. Jaiswal asserted that the efforts of Prime Minister Narendra Modi for Bihar development will prove to be a milestone in themselves. Whenever the Prime Minister has visited the state, he has brought great gifts for Bihar development... Today too, the Prime Minister will dedicate projects worth over 7,000 crores to the public. The efforts of Prime Minister Narendra Mo ...Read More >

New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in a civil dispute between the parties by filing a first information report and seeking the help of the ...Read More >

Thiruvananthapuram, Sep 12 (PTI) Kerala Minister for Fisheries Saji Cherian on Friday said representatives from 29 European countries are expected to attend the two-day Blue Economy conclave, scheduled for September 18-19. The conclave, titled 'Blue Tides-Two Shores, One Vision', is being organised by the Kerala Fisheries Department in collaboration with the Government of India and the European Union (EU). Cherian said representatives from 17 European countries, including the EU Ambassador to India and Bhutan, Herve Delphin, have already confirmed their participation. "The event will bring ...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 >

Gandhinagar (Gujarat) [India], August 3 (ANI): For the year 2025-26, under Pradhan Mantri Matsya Sampada Yojana (PMMSY). Gujarat has been allocated a grant of Rs 50 crore. These approvals have been significantly boosting fisheries activities in Gujarat. It also aims to modernise the sector, improve traceability, and build a robust fisheries management system while ensuring the socio-economic welfare of fishing communities. From 2020-21 to 2024-25, the Government of India has approved projects (with multiple components) worth Rs 897.54 crore for Gujarat under PMMSY. Also Read | Delhi Fire: 1 ...Read More >

Visakhapatnam: Seafood exports to the European Union have increased by 20 per cent -- and exporters are widening their markets to offset the higher US tariff impact on exports from India. EU-bound exports reached 215,080 metric tonnes worth Rs 9,430 crore (US$ 1,125.6 million), led by shrimp, cuttlefish and squid in frozen form. Significantly, the EU has listed 102 new Indian fishery establishments for export from this country to European member countries. "Following the 50 per cent hike by the ...Read More >

Gandhinagar (Gujarat) [India], December 16 (ANI): The Government of Gujarat is organising the Vibrant Gujarat Regional Conference (VGRC) across four regions of Gujarat to realise the vision of Viksit Bharat @2047. As part of this, the district-level Vibrant Gujarat Regional Conference was held at Asopalav Lawns in Veraval, a flagship event of the Kutch and Saurashtra Regional Conferences, said an official release from the Gujarat CMO. According to a release, during the conference, industrialists signed MoUs totalling over Rs 270 crore with various industrial units to accelerate development in ...Read More >

Gandhinagar, Dec 16 (SocialNews.XYZ) As part of the state government's efforts to realise the vision of Viksit Bharat@2047, a district-level Vibrant Gujarat Regional Conference (VGRC) was organised at Asopalav Lawns in Veraval, Gir Somnath district, as a flagship event of the Kutch-Saurashtra Regional Conference. The event witnessed the signing of Memoranda of Understanding (MoUs) worth over Rs 270 crore with various industrial units, reaffirming investors' commitment to boosting industrial development and employment generation in the district. Addressing the conference, District Panchayat P ...Read More >
Ahead of the 2026 Assembly elections, Prime Minister Narendra Modi will visit Durgapur, West Bengal, on Saturday to launch and inaugurate development projects worth over ₹5,000 crore. Key initiatives include the foundation stone for Bharat Petroleum's ₹1,950-crore City Gas Distribution project in Bankura and Purulia, and the inauguration of the ₹1,190-crore Durgapur-Kolkata gas pipeline under the PM Urja Ganga scheme. In run upto 2026 assembly polls, during Prime Minister's visit to Bengal ...Read More >

New Delhi: India's fish production has more than doubled over 10 years to 197.75 lakh tonnes in 2024-25 from 95.79 lakh tonnes in 2013-14, making it the second largest producer of marine products in the world, according to a factsheet put out by the Central government on Monday. Collectively, fisheries-related schemes implemented since 2014-15 have generated an estimated 74.66 lakh direct and indirect employment opportunities, underscoring the sector's expanding role in inclusive and sustainable economic growth, the official statement said. Concurrently, seafood exports expanded significantl ...Read More >

Lucknow, Jul 17 (PTI) Uttar Pradesh's capital city has secured the third position in the category of urban spaces with population exceeding 10 lakh, while Prayagraj was adjudged the Cleanest Ganga City in the ninth edition of the Swachh Survekshan. Lucknow also became the first city in the state to achieve a 7-star Garbage Free City rating in the 2024-25 survey. Gorakhpur achieved double success, ranking third in the Safai Mitra Surakshit Sheher category and fourth among cities with a population between 3 to 10 lakh. Agra has been recognised as the Emerging Clean City of Uttar Pradesh, securi ...Read More >

Patna (Bihar) [India], July 18 (ANI): Ahead of Prime Minister Narendra Modi's visit to poll-bound Bihar, state BJP President Dilip Jaiswal stated that the Prime Minister will dedicate projects worth over 7,000 crores to the public. Jaiswal asserted that the efforts of Prime Minister Narendra Modi for Bihar's development will prove to be a milestone in themselves. Also Read | Kolkata Fatafat Result Today, July 18, 2025: Kolkata FF Live Winning Numbers Released, Know When and Where To Check Result Chart of Satta Matka-Type Lottery Game. "Whenever the Prime Minister has visited the state, he h ...Read More >

Sehore (Madhya Pradesh): At a time when the government has launched various schemes to encourage fish farming, the Narmada River and its tributaries have lost 80 species of fish in just two decades, experts say. Excessive mining of sand is the reason behind such a huge loss, they said. According to them, 140 species of fish were available, but only 60 are available now. But many of these species are also on the verge of extinction. Most important of all the fishes, Manasheer, the state fish of MP also called the Narmada Tiger, is on the verge of extinction. Many other fishes, once available ...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 >

New Delhi, Jul 17: Prime Minister Narendra Modi will visit Bihar and West Bengal on July 18 to launch and dedicate a series of development projects spanning key sectors, including railways, roads, energy, IT, and rural development. The projects collectively amount to over Rs 12,200 crore. In Bihar, at a public event in Motihari around 11:30 AM, the Prime Minister will lay the foundation stone, inaugurate, and dedicate to the nation infrastructure and development initiatives worth more than Rs 7,200 crore. These include projects in the rail, road, rural development, fisheries, and IT sectors. ...Read More >

Gandhinagar (Gujarat) [India], August 3 (ANI): For the year 2025-26, under Pradhan Mantri Matsya Sampada Yojana (PMMSY). Gujarat has been allocated a grant of Rs 50 crore. These approvals have been significantly boosting fisheries activities in Gujarat. It also aims to modernise the sector, improve traceability, and build a robust fisheries management system while ensuring the socio-economic welfare of fishing communities. From 2020-21 to 2024-25, the Government of India has approved projects (with multiple components) worth Rs 897.54 crore for Gujarat under PMMSY. To boost fish production a ...Read More >