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, Jul 11 (PTI) The Indian Coast Guard rescued a US yacht in distress and its two crew members after the sailing vessel got stranded in turbulent waters south-east of Indira Point in the Andaman and Nicobar Islands, officials said on Friday. Indian Coast Guard (ICG) MRCC (Maritime Rescue Coordination Centres) Port Blair received a distress alert from the US Consulate in Chennai at 11:57 am on July 10 regarding yacht 'Sea Angel' with two crew members -- one American and one Turkish -- stranded 52 nautical mile south-east of the Indira Point, they said. Also Read | Delhi Building Collapse: 3-Storey Building Collapses in Bada Hindu Rao Area; 1 Dead (Watch Video). The vessel had got disabled amid extremely rough conditions with a blown sail and entangled propeller, a senior official of the ICG said. Acting with urgency, MRCC Port Blair activated the International Safety Net (ISN), alerting all nearby merchant vessels and launching rescue coordination protocols. Also Read | Beed: Declared 'Dead' at Hospital, Newborn Comes Back to Life and Starts Crying Moments Before Burial, Doctors Suspect Lazarus Syndrome Behind Rare Incident. Subsequently, ICGS Rajveer was deployed at 2 pm to render immediate assistance, the ICG said. "Demonstrating professionalism and precision, ICGS Rajveer reached the vessel by 5:30 pm, established communication with the stranded crew, and conducted an on-site assessment," it said. Despite heavy winds and mechanical disablement, the crew was found safe and in good health, the official said. By 6:50 pm, the vessel was safely taken under tow and escorted to Campbell Bay arriving the harbour at 8 am on July 11, the ICG said. The swift and successful rescue operation is a testament to the ICG's unwavering commitment to maritime safety, the official said. (The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India's premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)
Raigad (Maharashtra) [India], July 8 (ANI): Maharashtra Police beefed up the security along the Raigad coastline after the Indian Coast Guard informed the ICG Murud in the Raigad district that a 'suspicious' Pakistani boat had been spotted 2.5 to 3 nautical miles offshore near the Korlai coast. However, after the police investigation, it was discovered that the 'suspicious object' spotted is likely a fishing net buoy fitted with a GPS tracker, used to prevent nets from sinking and to facilitate retrieval, police said in a statement. Also Read | Gold Rate Today, July 8, 2025: As Gold Price Co ...Read More >
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 >
Bengaluru: Days after Russian woman Nina Kutina was taken into custody for living in a cave inside the forest near Gokarna with her two daughters, her ex-husband, an Israeli citizen, is demanding shared custody of their daughters."I just want to be able to see my daughters a few times a week and take care of them. My concern is that if they go to Russia now, it will be tougher to keep in touch with them. I wish they could stay in India," Goldstein said on Wednesday.Dror Goldstein, 38, who lives f ...Read More >
Bengaluru, Aug 26 (PTI) Targeting Karnataka Deputy Chief Minister D K Shivakumar for apologising for reciting a couple of lines from the RSS prayer song in the Assembly, opposition BJP and JD(S) dubbed it a "cowardly act", aimed at remaining in power, and to prove his loyalty to the Gandhi family. The BJP said Shivakumar should have apologised when Pakistan Zindabad slogans were raised in the Vidhana Soudha premises, rather than apologising for singing a prayer that teaches patriotism. "D K Shivakumar has apologised for singing RSS prayer under some pressure. It is tragic. Instead of becomin ...Read More >
Khargone (MP), Dec 11 (PTI) Spiritual leader Sant Siyaram Baba passed away on Wednesday at 94 following a brief illness at his ashram on the banks of the Narmada river in Madhya Pradesh, an official said. Siyaram Baba breathed his last around 6.10 am in his ashram in Bhattyan village, said Khargone district Superintendent of Police Dharmaraj Meena. Condolences poured in from various quarters. Madhya Pradesh Chief Minister Mohan Yadav, former CM Digvijaya Singh, and ex-Union minister Arun Yadav among others expressed grief over the death of the Hindu seer, a revered figure in the Nimar region ...Read More >
A Delhi University panel's decision to drop proposed postgraduate Political Science papers on Islam, Pakistan, and China has failed to find consensus among the members. Photograph: Courtesy @UnivofDelhi/X While some called it ideological censorship, those who supported the decision termed it a step towards making the syllabus "India-centric" and free from bias. In its meeting on Wednesday, DU's Standing Committee for Academic Matters directed the removal of four elective papers -- Islam and In ...Read More >
New Delhi, Jun 30 (PTI) The coast guards of India, Japan, the US and Australia have launched the first-ever "Quad-at-sea" mission to boost operational coordination and interoperability in the Indo-Pacific. The decision to launch the mission was taken at the four-nation's grouping annual summit in Wilmington in September last year that was attended by Prime Minister Narendra Modi and other Quad leaders. "In a significant stride toward strengthening maritime security and interoperability in the Indo-Pacific, the coast guards of India, Japan, the United States, and Australia have launched the f ...Read More >
New Delhi, July 11 (UNI) The Indian Coast Guard (ICG) carried out a rescue operation for the US sailing vessel 'Sea Angel' yesterday, which was stranded about 52 nautical miles south-east of Indira Point, Andaman & Nicobar Islands. The yacht carrying two crew members was disabled amid rough conditions with a blown sail and entangled propeller, a Defence Ministry statement said. Upon receiving the distress alert, MRCC Port Blair alerted all nearby merchant vessels and launched rescue coordination protocols. Further, ICG ship Rajveer was deployed and the ship established communication with th ...Read More >
The Supreme Court emphasized the importance of self-regulation and understanding the value of freedom of speech and expression, while hearing a plea regarding offensive social media posts. The court is considering guidelines to regulate such posts, stressing the need to curb divisive tendencies without resorting to censorship. The Supreme Court on Monday said citizens must know the value of freedom of speech and expression and observe self regulation as it mulled guidelines to regulate offensive ...Read More >
Prayagraj (UP), Jul 4 (PTI) The Allahabad High Court on Friday dismissed a plea seeking a direction that the word "disputed structure" be used in place of "Shahi Eidgah Mosque" of Mathura. The application was moved with a prayer to direct the stenographer concerned to use the word "disputed structure" in place of "Shahi Idgah Mosque" in the entire further proceedings of this original suit along with other connected matters. The application was supported by an affidavit of advocate Mahendra Pratap Singh. On the other hand, a written objection was filed on behalf of defendants. The order was ...Read More >
Balrampur (UP), Jul 10 (PTI) The district administration here has removed around 80 per cent of illegal constructions on government land allegedly encroached upon by Jalaluddin alias Chhangur Baba, the 'mastermind' of a religious conversion racket nabbed by the Uttar Pradesh ATS, an official said on Thursday. He informed reporters that eight bulldozers have been deployed to clear the encroachments, covering an area of around one acre. "The action began on Tuesday and is still underway. On the first day, 20 per cent of the illegal construction was demolished. By Wednesday, 80 per cent of the ...Read More >
New Delhi, Jul 19 (PTI) India is a secular nation and minorities are safest in this country, Union minister Kiren Rijiju has said, asserting that minorities are enjoying absolute freedom and protection because of the Hindu majority. In an interview with PTI Videos, the Minority Affairs Minister said he has not come across a single case where a member of the minority community is willing to migrate out of India because of being deprived of anything in the country. He accused "the Left ecosystem backed by the Congress party" of running a relentless campaign that minorities are being "tortured, ...Read More >
As a part of the new agreement between Mazagon Dock and BEML, Mazagon Docks will make facilities available to BEML's research team in exchange for their technical support to design and manufacture strategic equipment, reported PTI. The government-owned BEML Ltd. (formerly known as Bharat Earth Movers Ltd) announced on Wednesday, November 27, that it has signed an agreement with Mazagon Dock Shipbuilders to develop technologies for the marine industry, news agency PTI reported. According to the company statement cited by the agency, the company aims to leverage the opportunity to expand its e ...Read More >
Mumbai, Jun 5 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Thursday inaugurated the final 76-km-long stretch of the Samruddhi Mahamarg, making the entire 701-km Mumbai-Nagpur corridor fully functional and bringing down the travel time between the two cities to 8 hours from around 18 hours. Fadnavis described the Mumbai-Nagpur Samruddhi Mahamarg as an "engineering marvel" and said this "economic corridor" would play a vital role in the state's development. Fadnavis said by connecting the expressway with the proposed Vadhvan port, they are planning to develop it as an "economic corrid ...Read More >
Bhadohi: A shocking incident of forced religious conversion, sexual exploitation, extortion, blackmailing and humiliation of a woman came to light in Uttar Pradesh's Bhadohi district on Friday, June 27, a senior police official said. A 35-year-old Muslim woman had filed a complaint against Nitish Chaubey, a resident of Jayarampur under Aurai Police Station in Bhadohi district, he said. The official said that a case was registered on the basis of the complaint at the Mahila Police Station on Thursday under sections 74 (assault or use of criminal force to woman with intent to outrage her modes ...Read More >
Imphal, June 29 (UNI) A series of successful operations carried out by Manipur Police and security forces during the last 24 hours led to the arrest of several individuals involved in vehicle theft, insurgent activity, and the recovery of a significant cache of arms and ammunition. Police arrested a vehicle lifter identified as Syed Riyaj from his residence at Lilong Chaobok in Thoubal District. The arrest was made under Lilong Police Station. Authorities seized a blue two wheeler without registration number, along with a key and an Aadhaar card believed to be linked to the suspect. In a s ...Read More >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
Agartala (Tripura) [India], June 5 (ANI): Tripura Chief Minister Manik Saha said that the state government is prioritising quality education for students, and quality teachers are being recruited through the Teacher Eligibility Test (TET). Saha also informed that more recruitments will be made in the future. Also Read | Centre Notifies Waqf Management Rules 2025; Portal, Database, Audit of Waqf Properties. "Textbook education can never be the standard of life. One can become morally strong through education. Along with education, children should also be engaged in social work," he said. CM ...Read More >
Lucknow, Jul 14 (PTI) A few women, who were converted to Islam by Chhangur Baba, on Monday claimed that they were getting threats after returning to Hinduism. "Abu Ansari introduced himself as Amit to me, and his family met me as a Hindu. I met Chhangur Baba for the first time in 2019. The atmosphere was very strange, and only women were there. They were brainwashed. Chhangur had carried out around 5,000 religious conversions," one of them told reporters. Uttar Pradesh Police's Anti-Terrorism Squad on July 5 arrested the alleged mastermind of a religious conversion gang, along with his aide. ...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 >
New Delhi, July 19 (PTI) The Regional Medical Research Centre in Bhubaneswar, under the Indian Council of Medical Research (ICMR), has developed an advanced malaria vaccine that can prevent plasmodium falciparum infection in individuals and minimise community transmission. The ICMR Delhi has invited Expressions of Interest (EoI) from eligible organisations, companies and manufacturers enthusiastic about the Transfer of Technology for commercial production of "a recombinant chimeric multi-stage malaria vaccine (AdFalciVax) against plasmodium falciparum". ...Read More >
During a spring restoration in Anantnag, Jammu and Kashmir, ancient Hindu idols and Shivlings were discovered, potentially linked to the Karkoota dynasty. The artefacts, found at the Karkoot Nag spring, are now under the care of the Department of Archives, Archaeology and Museums for study. NEW DELHI: Ancient Hindu idols and Shivlings have been discovered during excavation work for a spring restoration project in Jammu and Kashmir's Anantnag district, officials confirmed on Saturday. According t ...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 >
Mumbai, June 30 (PTI) Samajwadi Party (SP) MLA Abu Azmi has moved the Bombay High Court seeking the quashing of two "politically motivated" FIRs registered against him over his remarks on Mughal emperor Aurangzeb. A bench of Justices A S Gadkari and Rajesh Patil issued a notice to the police on Monday and posted the matter for further hearing after four weeks. In an interview with the media in March, Azmi allegedly stated that Aurangzeb was a "good administrator" and during his reign, India's borders expanded up to Afghanistan and Burma. Azmi purportedly said if Aurangzeb had razed temples, ...Read More >
Mumbai, July 7 (PTI) After a 20-hour search operation involving multiple agencies, the "suspicious boat" spotted in the Arabian sea in Maharashtra's Raigad district has been identified as a fishing net buoy which was drifted into the Indian waters with an AIS transponder, police said on Monday. Considering the high alert situation, the sensitive operation has not been called off yet, said Raigad Superintendent of Police Aanchal Dalal. The Indian Coast Guard on Sunday night informed the police that the suspected Pakistani boat, "Muqadar Boya 99" with a boat number MMSI-463800411 was spotted n ...Read More >
Mumbai On High Alert: Unidentified Boat Spotted Near Raigad Coast; Security Protocols Increased (VIDEO) | Representatinal Image A high-alert security scare off the Raigad coast late on Saturday evening triggered a swift and extensive response from the Mumbai Crime Branch, Raigad Police, and multiple maritime security agencies. The suspected Pakistani boat, which was initially believed to pose a possible infiltration threat, was ultimately identified as a floating fishing net buoy commonly used by local fishermen.The suspected Pakistani boat, which was initially believed to pose a possible inf ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent muted demand scenario. Select companies from metals, pharmaceuticals, cement, banking and finance and ...Read More >
Bengaluru: A physics lecturer from a private college in Dakshina Kannada and two of his friends have been arrested by Bengaluru police for allegedly blackmailing and raping a student.When the mental torture by the trio became intolerable, the girl narrated to her parents how she was being exploited. Subsequently, she went to Marathahalli police station along with her parents on July 5 and lodged a complaint seeking action against the perpetrators. Acting swiftly, the cops arrested the trio the following day. The accused are Narendra, a physics lecturer, Sandeep, a biology lecturer -- both work ...Read More >
New Delhi, Jul 1 (PTI) The Indian Navy contained a fire on board a Palau-flagged tanker in the North Arabian Sea and ensured safety of 14 of the vessel's Indian crew members. The Navy swung into action and launched the fire-fighting operation after receiving a distress call from the vessel on Sunday. The vessel reported a major fire in its engine room while operating approximately 80 nautical miles east of Fujairah in the United Arab Emirates (UAE). "The Indian Navy undertook a high-risk fire fighting and rescue operation on-board Palau-flagged tanker MT Yi Cheng 6 on June 29 in the North A ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >