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.
Bengaluru, Jul 11 (PTI) To popularise science, Hindustan Aeronautics Limited (HAL) signed a Memorandum of Agreement with the Centre for Nano and Soft Matter Sciences (CeNS) on Friday for the establishment of a HAL Advanced Academic Initiation Centre, under its Corporate Social Responsibility (CSR) initiatives. Pradeep Kumar, General Manager (HR), HAL signed the agreement with Prof B L V Prasad, Director of CeNS. D K Sunil, CMD, HAL, who was also present, said, "The HAL Advanced Academic Initiation Centre will enable CeNS to reach out to a greater number of students and foster curiosity among young minds, especially those from rural areas who have limited exposure to advanced scientific concepts." Prof Prasad appreciated HAL's initiative and said it will go a long way in demonstrating various scientific facts to large groups of students with relative ease. He added that with this new centre, CeNS will be able to accommodate additional requests from schools in rural areas and inspire young minds. The HAL Advanced Academic Initiation Centre will be established at the CeNS' Arkavathi Campus in Karnataka, stated a press note issued by HAL. It will serve as a dedicated hub for science education under CeNS' flagship Vigyaani Vidyarthi Vichar Vinimay (V4) programme, which has already engaged over 20,000 students from 200 institutions and introduced them to the latest advancements in science and technology, added the release. PTI JR ROH
Hyderabad, Jun 6 (PTI) Telangana Chief Minister A Revanth Reddy on Friday said BRS president K Chandrasekhar Rao should face an inquiry by the judicial commission on the Kaleshwaram project instead of attacking the Congress government. Addressing a public meeting after attending various development programmes in Yadadri-Bhuvanagri district, he referred to the judicial panel summoning KCR and the BRS criticising the state government on the matter. Also Read | Water Cut in Pune: Supply Suspended in South Pune on June 12 Due to Maintenance Work; Check Affected Areas. The judicial commission is ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrates advanced systems from leading Indian defence firms, including Bharat Electronics Limited (BEL), L& ...Read More >
New Delhi, Jul 3 (PTI) State-owned NBCC Ltd has signed an initial pact with National Film Development Corporation (NFDC) to renovate and redevelop the iconic 5.5-acre Siri Fort Auditorium complex in the national capital into a world-class cultural destination. Siri Fort Auditorium, located in South Delhi, was constructed in 1982 during the Asian Games. It currently has four auditoriums with a combined seating of over 2,600. In the past four decades, the auditorium complex has hosted global film festivals, musical events and public events. Also Read | India Weather Forecast: Monsoon in Active ...Read More >
JAMMU, June 6: For establishing "POWERGRID Centre of Excellence" at PEC, Chandigarh under CSR, Power Grid Corporation of India Limited (POWERGRID) today signed an MoU with Punjab Engineering College (PEC), Chandigarh, a deemed university. The MoU was signed, in an high profile event, by Tarun Bajaj, executive director (Northern Region-II) on behalf of POWERGRID and Prof Rajesh K Bhatia, director (ad-interim) on behalf of PEC in the presence of Rajeev Verma, chief secretary, Chandigarh -UT, R K Tyagi, chairman & managing director, POWERGRID and Prerna Puri, secretary education, Chandigarh Admi ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
Jamshedpur : XLRI - Xavier School of Management, Jamshedpur, signed a Memorandum of Understanding (MoU) with Accenture to forge a long-term partnership aimed at fostering deeper collaboration between academia and industry. This milestone agreement was signed during Accenture's visit to the XLRI campus and marks a new chapter in the enduring relationship between the two institutions. The MoU was signed in the presence of senior leadership from both sides, including- Fr. S George, Director, XLRI, Prof. Kanagaraj A., Convenor - Placements and Professor of Finance, Prof. Sanjay Patro, Dean - Acad ...Read More >
Puri (Odisha), Jul 1 (PTI) A day after three people were killed and 50 others injured in a stampede near Shree Gundicha temple in Puri, thousands of devotees on Tuesday made a beeline to have a darshan of the sibling deities -- Lord Balabhadra, Devi Subhadra and Lord Jagannath. In view of Monday's incident, barricades have been erected in front of the Shree Gundicha temple and different queues made for the smooth darshan of the deities at 'Adapa Mandap' (the podium on which the deities are seated) situated inside the temple, a senior police officer said. Also Read | Stocks To Buy or Sell Tod ...Read More >
Mumbai, Jul 10 (PTI) With more and more companies prioritising inclusivity, a study has revealed that the most diverse companies delivered 50 per cent higher net profit compared with less diverse counterparts. Around 8 out of 10 industries studied showed a positive relationship between the presence of women and profit after tax (PAT) as most diverse companies delivered 50 per cent higher net profit than their less diverse counterparts, according to HR advisory firm Marching Sheep's 'Marching Sheep Inclusion Index 2025' study. This annual study, conducted by HR advisory firm Marching Sheep's ...Read More >
NEW DELHI: Lieutenant governor VK Saxena has given his approval to the reconstitution of Delhi Building and Other Construction Workers Welfare Board, paving the way for govt to prepare a scheme to provide compensation to the construction workers who lost work due to the implementation of GRAP IV provisions. The board was not in place for the last couple of years. While giving his nod to its reconstitution, LG directed that immediate steps should be taken to implement Supreme Court directions to provide subsistence allowance to workers affected due to restrictions on construction activities be ...Read More >
Kolkata: Avenging the Pahalgam terror attack, 'Operation Sindoor' was launched and although aerial action was ceased, Indian armed forces are continuing their activities to increase their military strength. Amid this, glass with higher resistance and strength but less weight is being created for bulletproof vehicles, helicopters, ships and several other weapons. A major role in this endeavour is being played by Central Glass and Ceramic Research Institute (CGCRI) in West Bengal's Jadavpur area. According to sources, "Research is underway to decrease weight and increase the strength of the gl ...Read More >
New Delhi: Chief minister Rekha Gupta on Sunday said authorities cannot go against demolition orders issued by courts and stressed that displaced residents have been provided accommodation.Her words came in the wake of the recent Madrasi Camp demolition for which the opposition Aam Aadmi Party (AAP) has criticised her. AAP has targeted Gupta, and alleged that the displaced Madrasi Camp residents were provided homes in faraway Narela, and those lack basic amenities.Attending an event to mark the construction of a Jan Sewa camp at a slum cluster in the Haiderpur area, Gupta told reporters: "In t ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to invite this esteemed class of artists, technologists, and professionals to join the Academy," said Ac ...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 >
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 >
Mumbai, Dec 17 (PTI) Agri-solutions provider Coromandel International and Mahindra and Mahindra's farm equipment sector business vertical, Krish-e, on Tuesday announced a partnership to extend Coromandel's drone spraying services, Gromor Drive. Currently operational in seven key states of Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra, Madhya Pradesh and Uttar Pradesh, Gromor Drive's operations are supported by RPTO-trained pilots, according to a joint statement. Coromandel's drone services are positioned in the market through the support of its subsidiary, Dhaksha Unmanned Sy ...Read More >
New Delhi, Jun 5 (PTI) Chief Justice of India B R Gavai on Thursday said India has continuously aspired to become a hub of international arbitration by building a progressive legislative framework, a pro-enforcement judiciary and robust institutional support. In his keynote address on "Arbitrating Indo-UK Commercial Disputes" as part of the London International Disputes Week, the CJI said India and the United Kingdom shared a rich history, bound by a common legal heritage rooted in the principles of common law. He referred to the July 2018 memorandum of understanding signed between India and ...Read More >
New Delhi, Jun 8 (PTI) A DRDO laboratory has transferred technologies of nine systems, including a mounted gun system and an anti-terrorist vehicle (tracked version), to 10 industry partners, the defence ministry said on Sunday. The licensing agreements were handed over in the presence of the Secretary, Department of Defence Research and Development, and DRDO Chairman Samir V Kamat during an event organised at the Vehicles Research and Development Establishment (VRDE) on Saturday. Also Read | AP EAPCET Results 2025 Declared at cets.apsche.ap.gov.in, Know How To Download Rank Card. In line w ...Read More >
Mumbai, Jul 3 (PTI) The National Commodity and Derivatives Exchange Ltd (NCDEX) on Thursday said it has inked an agreement with the India Meteorological Department (IMD) that will lay critical groundwork for launching India's first weather derivatives. This Memorandum of Understanding (MoU), signed on June 26, lays the critical groundwork for the launch of India's first weather derivatives -- a long-anticipated market instrument designed to help farmers and allied sectors hedge against climate-related risks such as erratic rainfall, heatwaves, and unseasonal weather events, NCDEX said in a st ...Read More >
Mumbai, Dec 11 (PTI) Murugappa Group-run TCI Clean Mobility subsidiary TIVOLT Electric Vehicles on Wednesday said it has signed a pact with EV charging solutions provider Tata Power Renewable Energy Limited (TPREL) to build a charging ecosystem for its electric commercial vehicles. Under the collaboration, Tata Power Renewable Energy will bring its extensive experience in setting up and managing an expansive EV charging infrastructure at strategic locations across the country to TIVOLT dealerships, customer locations, and high-traffic public spaces, the company said in a statement. "This str ...Read More >
New Delhi, Jun 6 (PTI) The Delhi government has decided to set up thousands of water ATMs and water coolers in the city, including all its schools, Chief Minister Rekha Gupta said on Friday. She inaugurated a water ATM during a visit to a local government school with Water Minister Parvesh Verma in her Shalimar Bagh constituency. "No one should remain thirsty during this summer season. Thousands of Water ATMs will be installed at schools and public places across the capital," she said. Addressing a gathering, Gupta said, service by offering water is a vital part of Indian culture. While wat ...Read More >
New Delhi, Jul 4 (PTI) The BJP on Friday hit out at the Congress, alleging that the party has time and again taken positions that benefit China instead of India. This came after the Congress earlier said the Narendra Modi government must agree to a discussion on India-China relations in Parliament so that a consensus can be built for a collective response to the geopolitical and economic challenges that the neighbouring country poses to India, directly and through Pakistan. Also Read | Marathi Slapgate Row: Maharashtra CM Devendra Fadnavis Says Resorting to Violence Over Marathi Unacceptable ...Read More >
Kolkata, Jun 6 (PTI) West Bengal Chief Minister Mamata Banerjee on Friday wished the people on the occasion of Eid-ul-Adha. "Eid Mubarak! My heartfelt greetings to everyone on the occasion of Eid-ul-Adha," Banerjee posted on X. Also Read | Water Cut in Pune: Supply Suspended in South Pune on June 12 Due to Maintenance Work; Check Affected Areas. Eid ul-Adha, also called Bakrid, is the second of the two main festivals in Islam, alongside Eid al-Fitr. The festival celebrates the devotion of Prophet Ibrahim, who was willing to sacrifice his son in obedience to God's command. The crescent moon ...Read More >
New Delhi, Jun 7 (PTI) Union Environment Minister Bhupender Yadav on Saturday dismissed Congress leader Jairam Ramesh's criticism regarding the Delhi Zoo's proposed agreement with the Reliance Group's Gujarat-based wildlife facility, saying such collaborations are routine and aimed at improving animal care and management practices. "Some people have made it a habit to create doubts in the mind of the public at every instance," Yadav said on X in response to Ramesh's remarks. He clarified that the National Zoological Park (NZP), also known as the Delhi Zoo, had signed a memorandum of understa ...Read More >
Lucknow, Jul 9 (PTI) Uttar Pradesh has emerged as a key destination for investors, and its image has changed from a consumer state to a production state, Excise and Prohibition Minister Nitin Agrawal said on Wednesday. "Earlier, Uttar Pradesh was called a consumer state, today that image has changed and the state is known as a production state," the minister said in his address at the Excise Investors Summit. "For the first time, such a grand event is being organised in Uttar Pradesh. This has been made possible by the policies and leadership of the Uttar Pradesh government. Eight years ago, ...Read More >
Noida, Jun 27 (PTI) A massive fire broke out at a chemical factory in Noida's Sector 2 on Friday morning, a fire department official said. Thick smoke and flames coming out of the factory were visible from a distance. Gautam Buddha Nagar's Chief Fire Officer Pradeep Kumar Chaubey said information regarding the fire was received at 5:30 am. Seeing the intensity of the blaze, fire tenders Ghaziabad, Hapur and Meerut were roped in along with private firefighting teams, he said. No injury or casualty has been reported in the incident and the blaze has been doused, the CFO said. "The fire was ...Read More >
BENGALURU: BBMP marshals deployed at lake security and supervision wing, ward monitoring and Indira Canteens are working without salaries since March. The situation has arisen after Bangalore Solid Waste Management Limited was carved out of BBMP for garbage management. Their salaries are usually given through the Ex-Servicemen Welfare Society and each marshal is paid Rs 17,500 monthly. "Supervisors say the delay is due to a set of procedures. Earlier, the amount was given to the Ex-Servicemen Welfare Society towards payments from BBMP. Now the files have to be cleared from BWSML to ward mars ...Read More >
NEW DELHI: The Enforcement Directorate (ED) on Thursday announced the provisional attachment of assets worth approximately ₹131.45 crore in Spain, including a luxury yacht and immovable properties, under the Prevention of Money Laundering Act (PMLA). These assets belong to Pavel Prozorov, a Spanish national and the alleged mastermind behind the unauthorised forex trading platform OctaFX. The attached assets comprise a commercial Italian-model luxury yacht cruising in the Western Mediterranean, a minijet boat, a luxury car, and two residential properties in Spain. The ED's probe was launched ...Read More >
New Delhi, Jul 9 (PTI) The Railway Recruitment Boards have issued over 9,000 appointment letters in the first quarter and will offer appointments to more than 50,000 candidates in the financial year 2025-26, the ministry on Wednesday said. "Railway Recruitment Boards (RRBs) have since November 2024 conducted Computer Based Tests (CBTs) for more than 1.86 crore candidates for seven different notifications comprising 55,197 vacancies," the Railway Ministry said in a press note. "This will enable RRBs to offer appointments to more than 50,000 candidates in financial year 2025-26. More than 9,00 ...Read More >
Ahmedabad, Jul 11 (PTI) Japan's Ambassador to India Keiichi Ono and Japan's Minister of Economic and Development Affairs Koyoko Hokugo met Gujarat Chief Minister Bhupendra Patel in Gandhinagar on Friday. During the meeting, the Ambassador highlighted Japan's intent to deepen ties with the state and appreciated Gujarat government's support to over 350 Japanese companies operating here, said a government release. "The CM told the delegation that Gujarat offers a supportive environment with Japanese townships, restaurants, and industries. He also highlighted Japan's active participation in the ...Read More >
Berhampur (Odisha), Jun 6 (PTI) Two minor cousins were allegedly raped by four miscreants after abducting the duo in Odisha's Ganjam district, police said on Friday. The incident came to light after the mother of one of the victims lodged a complaint at Golanthara police station on Thursday evening. After registering a case, police launched a manhunt to arrest the accused persons, a police officer said. Also Read | Water Cut in Pune: Supply Suspended in South Pune on June 12 Due to Maintenance Work; Check Affected Areas. The victims, aged between 11 to 15 years, along with family members ha ...Read More >