Abtak Logo

Business News

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.

24
BusinessJul 11, 2025 10:45 PM

Andhra Pradesh plans incentives to boost population growth

Amaravati, July 11 (SocialNews.XYZ) Asserting that population is not a burden but an asset, Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday announced that the state government will soon introduce a robust policy on population growth, offering incentives to those with more children. He called for a rise in the fertility rate in the state to avoid a human resource crisis in the future. Addressing the Amaravati Summit on World Population Day, he said that population is the nation's strongest economic asset. He noted that joint families were once common but are now disappearing. "Earlier, we provided 5 kg rice per person in a household. A family of five received 25 kg. We didn't give rice beyond that. But now, we're thinking of giving more than 50 kg if there are 10 members in a family," he said. Chandrababu Naidu also mentioned that there's growing concern about the declining population in South India. "While Parliament seats may increase in the future, southern states could see reduced representation," he said. The Chief Minister said that while in the past the state government had launched a movement for population control in united Andhra Pradesh, now the need of the hour is population management. He expressed concern that while the global population is increasing, birth rates are declining, and the youth population is shrinking and the elderly population is increasing. He noted that wherever ageing becomes an issue, growth stagnates, and even in developed countries, fertility rates are falling. "When the rate falls below 2.1, the population starts declining. In India, Bihar is at 3.0, Meghalaya 2.9, Uttar Pradesh 2.4, Jharkhand 2.3, Manipur 2.2, Tamil Nadu 1.8, Telangana 1.8, Kerala 1.8, Karnataka 1.7, and Andhra Pradesh 1.7. To maintain population equilibrium, a 2.1 rate is essential," the CM explained. Naidu also expressed concern that declining population growth would hamper economic growth. He revealed that a poll conducted at the summit showed 67.41 per cent preferred two children, 12.34 per cent preferred only one, and 19.88 per cent preferred three children. He said young people today are unwilling to have children, and many couples are opting not to have any. "The rising cost of living is discouraging people from having children," he observed. The Chief Minister emphasised that India's ability to compete with developed nations is because of its population. "Once, population was seen as a major problem. Before 2004, as CM, I incentivised family planning. We even brought a law disqualifying those with more than two children from contesting local body elections. But today, there's a need to amend the law to allow those with more than two children to contest. A nation is not just about its land, regions, towns, or borders; it is about its people," the CM said. He highlighted how some countries are offering incentives to encourage childbirth. He read out examples from various nations.

Comments

Similar News

32
2
1
PoliticsNov 18, 2024 05:25 AM

Violence continues in Manipur; BJP, Cong offices ransacked

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 >

31
1
BusinessNov 26, 2024 08:45 PM

CM Naidu Proposes Deep-Tech Centre in Amaravati

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 >

31
OtherNov 28, 2024 08:24 PM

Kartheeka Brahmotsavams off to a grand start at Goddess Padmavati temple in Tiruchanur

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 >

32
1
PoliticsDec 10, 2024 05:11 PM

Women on dharna outside Assembly over non payment of salary, BJD raises issue in House

BJP member Manas Dutta blamed the previous BJD government and held it responsible for not extending their service agreement which ended in April, 2024. As hundreds of women working as support staff under the Mission Shakti department staged a demonstration outside the Assembly over different issues, the opposition BJD on Monday demanded immediate release of their salaries. While the agitating women were shouting slogans at the Mahatma Gandhi Road leading to the Assembly, the issue was raised in ...Read More >

36
PoliticsBusinessDec 11, 2024 04:52 PM

"Two years have been period of destruction and corruption": LoP Jairam Thakur slams Himachal govt

Shimla (Himachal Pradesh) [India], December 11 (ANI): A Bharatiya Janata Party (BJP) delegation, led by senior leaders, met Himachal Pradesh Governor Pratap Shukla recently to submit a comprehensive 106-page memorandum titled "Kachcha Chittha". The document, which alleges rampant corruption and administrative failures in the two years of Congress rule under Chief Minister Sukhvinder Singh Sukhu, aims to hold the state government accountable for what the BJP describes as a period of "unprecedented mismanagement and destruction." Speaking to the media after meeting the Governor, Himachal Prade ...Read More >

38
PoliticsDec 12, 2024 04:37 PM

"Outrage caused due to negligence of state govt": ASP chief Chandrashekhar Azad on Parbhani violence

New Delhi [India], December 12 (ANI): The National President of Aazad Samaj Party (Kanshi Ram) on Thursday criticised the ruling Mahayuti government in Maharashtra over the violence in Parbhani city, alleging that the unrest was a result of the state government's negligence and an insult to the Constitution. Speaking to ANI, Azad announced plans to launch a protest against the violence. "The negligence of the state government and the way the Constitution of India was insulted have caused this outrage. On the instructions of the government, the police lathi-charged supporters of Baba Saheb Am ...Read More >

31
BusinessNov 27, 2024 01:41 PM

Hemant Soren 2.0: Adityapur industries call for policy overhaul and aid

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 >

35
PoliticsDec 04, 2024 05:48 PM

Badal assassination attempt: Jasmeet Kaur condemns her husband's actions

Gurdaspur (Punjab) [India], December 4 (ANI): Jasmeet Kaur, wife of Narain Singh Chaura, who attempted to assassinate Sukhbir Singh Badal, condemned her husband's actions on Wednesday. She stated that her husband had informed her he was attending a "death anniversary programme" in Amritsar. "I didn't know what had happened until reporters came knocking at my door. Earlier, he had been lodged in jails in Amritsar, Ludhiana, and Gurdaspur," Kaur told reporters. "I don't think what he did was right," Kaur added. Narain Singh Chaura opened fire at Shiromani Akali Dal (SAD) leader Sukhbir Singh ...Read More >

25
PoliticsDec 05, 2024 01:35 PM

Potato Crisis: Civil Supplies Minister Accuses Bengal CM Of 'Trying To Defame' State Govt | Odisha

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 >

27
PoliticsDec 05, 2024 02:34 PM

Assam's Move To Ban Beef At Restaurants Triggers Big Political Row As Govt, Opposition Spar - News18

Assam Beef Ban: A political row has erupted over the Assam government's decision to ban the public consumption of beef in the state with the Opposition labelling it "against the right to freedom" while the ruling BJP lauding the state Cabinet's call. Assam Chief Minister Himanta Biswa Sarma had announced on Wednesday that his government has decided to ban the consumption of beef in restaurants, hotels and public places, drawing sharp reactions from the Opposition. Samajwadi Party MP Iqra Hasan ...Read More >

25
PoliticsDec 10, 2024 05:11 PM

Have not met Adani, reports false: T.N. CM Stalin

Responding to Pattali Makkal Katchi (PMK) floor leader G.K. Mani, who raised the issue in the House, Mr. Stalin said, "Adani did not meet me nor did I meet him." Tamil Nadu Chief Minister M.K. Stalin on Tuesday (December 10, 2024) told the State Assembly that he had not met Adani Group chairman Gautam Adani, dismissing rumours about the conglomerate's alleged links to the State. Responding to Pattali Makkal Katchi (PMK) floor leader G.K. Mani, who raised the issue in the House, Mr. Stalin said, ...Read More >

22
PoliticsNov 26, 2024 01:57 PM

'When you lose, EVMs are tampered with; when you win, EVMs are fine', SC dismisses PIL

New Delhi, Nov 26: The Supreme Court on Tuesday dismissed a public interest litigation (PIL) seeking directions to the Election Commission of India (ECI) to introduce ballot paper in place of EVMs (Electronic Voting Machines). A bench of Justices Vikram Nath and P.B. Varale rejected the prayer to return to the ballot system due to the alleged manipulability of EVMs. "When you lose, EVMs are tampered with; when you win, EVMs are fine," remarked the apex court, when the petitioner referred to the statements made by Andhra Pradesh Chief Minister Chandrababu Naidu and his predecessor Jagan Mohan ...Read More >

38
PoliticsDec 10, 2024 05:01 PM

India News | Union Min Amit Shah to Visit Tripura on Dec 20 to Attend 72nd Plenary Session of North Eastern Council | LatestLY

Agartala (Tripura) [India], December 10 (ANI): Union Home Minister Amit Shah will visit Tripura on December 20 as the state will host the 72nd Plenary Session of the North Eastern Council (NEC) on December 20-21, said Tripura Chief Minister Manik Saha. It is the first time that Tripura will host a Plenary Session of the North Eastern Council (NEC). Also Read | Morena: Former Serviceman Shoots Wife, Tries To Kill His 2 Sons Before Turning Pistol on Himself After Dispute in Madhya Pradesh; Probe On. CM Saha said that it is a matter of great happiness for the state and preparations are being m ...Read More >

37
PoliticsDec 11, 2024 10:46 AM

CM Mohan Yadav to launch 'Jan Kalyan Parv' on completion of one year in office - Weekly Voice

Bhopal, Dec 11 (VOICE) Madhya Pradesh Chief Minister Mohan Yadav will launch 'Jan Kalyan Parv' on Wednesday on the completion of one year of his government. The BJP government in the state will organise a fortnight-long programme called 'Jan Kalyan Parv' to highlight the development works undertaken in the past year. Chief Minister Yadav has directed district administration to organise camps in blocks and gram panchayats to highlight the government's achievements. "The officers will meet people and make them aware of the state government's welfare schemes and ensure that those eligible get ...Read More >

30
PoliticsDec 10, 2024 04:51 PM

Stalin Challenges Calls for Joint Parliamentary Probe on Adani Allegations | Law-Order

Tamil Nadu Chief Minister M. K. Stalin firmly denied allegations linking him to industrialist Gautam Adani as presented by the BJP and its ally, the PMK. During a recent Assembly session, Stalin challenged opposition leaders to initiate a joint parliamentary committee (JPC) inquiry into the allegations surrounding Adani's company. Addressing PMK leader G. K. Mani, Stalin reiterated that he had never met Adani, dismissing claims of any existing ties. He asked if the opposition was willing to engage in a thorough investigation through a JPC probe and bring the discussion to Parliament. The cal ...Read More >

31
PoliticsDec 11, 2024 09:56 AM

Kavitha sees hidden agenda behind change of Telangana Talli statue

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 >

35
PoliticsDec 11, 2024 10:57 AM

Raut: Sena UBT open to discussion on another leader for INDIA bloc

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 >

17
BusinessDec 12, 2024 03:28 PM

Tripura CM Manik Saha inaugurates the Opening ceremony of 68th National School Games of Judo

Agartala (Tripura) [India], December 12 (ANI): Tripura Chief Minister Manik Saha inaugurated the opening ceremony of the 68th National School Games for Judo (Under-17 Girls) at NSRCC, Netaji Chowmuhani in Agartala. The competition, which will take place from December 12 to 15, will feature talent at the national level and will feature 31 teams, comprising representatives from 27 states and four organisations. Approximately 350 players, coaches, and managers are attending. Tripura's athletes have consistently excelled, earning medals in previous editions of the National School Games and Khelo ...Read More >

35
PoliticsNov 26, 2024 08:47 PM

Sadhguru flays arrest of Hindu monk in Bangladesh

Vijayawada, Nov 26 (UNI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday directed the officials to formulate proposals for constructing an iconic Deep technology building in the capital city of Amaravati. Bengaluru, Nov 26 (UNI) Congress MLA HR Gaviyappa's call to reconsider some election guarantees has sparked a political storm in Karnataka, drawing sharp criticism from Deputy Chief Minister DK Shivakumar and exposing potential fissures within the ruling party. Gaviyappa, representing Vijayanagara, suggested that certain guarantees were straining state finances and hindering th ...Read More >

33
EntertainmentDec 03, 2024 06:07 PM

Entertainment News | 'The Sabarmati Report' Producer Ektaa Kapoor Meets Odisha CM Mohan Charan Majhi | LatestLY

Bhubaneswar (Odisha) [India], December 3 (ANI): Producer Ektaa R Kapoor on Tuesday met with Odisha Chief Minister Charan Majhi in Bhubaneshwar. Visuals from the meeting surfaced online in which CM Mohan Charan Majhi and Ektaa could be seen exchanging warm pleasantries. Also Read | 'The Sabarmati Report': Union Home Minister Amit Shah Praises Vikrant Massey Starrer for Revealing the Truth Behind Godhra (View Post). Ektaa also visited Lingaraja Temple and offered prayers there. Notably, on Monday, Ektaa along with the team of 'The Sabarmati Report' attended a special screening of the film wi ...Read More >

35
PoliticsDec 04, 2024 04:05 PM

'Only aim to spread communal frenzy': BJP takes aim at Rahul, Priyanka Gandhi's Sambhal visit | India News - Times of India

NEW DELHI: A political slugfest erupted after Leader of Opposition Rahul Gandhi was stopped from visiting violence-hit Sambhal in Uttar Pradesh, with the BJP accusing the Congress leader of attempting to incite communal tensions. BJP leaders criticised Gandhi's visit as a desperate political move, driven by competition with the Samajwadi Party (SP) to reclaim vote banks. Meanwhile, Congress leaders, including Priyanka Gandhi Vadra, slammed the government's actions as undemocratic and an assault on constitutional rights. BJP spokesperson Dr Sudhanshu Trivedi described the visit as a "sign of h ...Read More >

21
OtherDec 11, 2024 05:17 PM

Four school students drown at Karnataka's Murudeshwar beach, CM announces ₹5 lakh ex-gratia

Also Read - Bengaluru likely to see heavy rainfall and thunderstorms from December 8, predicts IMD A group of 46 students and six teachers from Morarji Desai Residential School, Mulabagilu in Kolar district visited Murudeshwar on Tuesday as part of their school trip. According to the police, around 5.30 pm, the teachers, along with the students went to the beach. Despite warnings from lifeguards, seven students ventured into the sea. The sea was rough, and three girls were swept away by the cu ...Read More >

35
BusinessDec 11, 2024 05:17 PM

Google to open office in Visakhapatnam, Andhra Pradesh govt signs MoU

The Andhra Pradesh government inked a Memorandum of Understanding (MoU) with Google. The tech giant will launch its operations from Visakhapatnam in the State. Making the announcement at the district collectors' conference on Wednesday, Chief Minister N. Chandrababu Naidu said HRD Minister Nara Lokesh's efforts have paved the way for this. The MoU was a significant development and would be a game changer. Visakhapatnam is poised for transformative growth, Mr. Naidu said. The chief minister, in ...Read More >

21
PoliticsDec 04, 2024 05:59 PM

Om Birla displayed distinguished leadership in upholding Parliamentary traditions: Assam CM

New Delhi, December 4 (IANS): Assam Chief Minister Himanta Biswa Sarma on Wednesday asserted that Lok Sabha Speaker Om Birla put up an excellent leadership coupled with a commitment to uphold the traditions in the lower house of the Parliament. Sarma, who has been in the national capital for the last three days, paid a courtesy visit to Birla in his chamber in Lok Sabha. Taking to X, the Chief Minister wrote, "As Speaker of the Lok Sabha, Shri @ombirlakota ji has always displayed distinguished leadership and commitment to upholding parliamentary traditions. It was a pleasure meeting him in S ...Read More >

21
PoliticsDec 10, 2024 04:57 PM

Telangana: KTR meets injured ASHA workers, urges Congress to fulfil promises

Hyderabad: Bharat Rashtra Samithi (BRS) working president KT Rama Rao (KTR) met the injured ASHA workers at a hospital in Hyderabad on Tuesday. December 10. ASHA workers were injured after they were manhandled by police officials during a protest at the Telangana Directorate of Medical Education (DME) demanding a salary hike of Rs 18,000 on Monday. The two injured women were identified as Raheembi and Santhoshini. After enquiring about the women's well-being, the BRS MLA condemned the police action against the ASHA workers. He extended solidarity with their fight offered all possible support ...Read More >

16
PoliticsDec 10, 2024 04:32 PM

Former External Affairs Minister S M Krishna no more; PM, leaders pay rich tributes to ex-CM

Bengaluru: Ex-Karnataka Chief Minister and former External Affairs Minister SM Krishna died here early on Tuesday, leaving behind a rich legacy of statesmanship and public service that saw the 92-year-old leader scale all heights of political achievements. Suave, sophisticated and a man with enviable academic credentials, Somanahalli Mallaiah Krishna started off his political innings as an independent MLA from Maddur in 1962, stunning a then Congress veteran in the elections, and went on to become the state's CM and later the country's External Affairs Minister. Tributes poured in for the fo ...Read More >

16
PoliticsEntertainmentDec 11, 2024 05:07 PM

MP's Gita recitation programme finds place in Guinness World Records

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 >

29
BusinessDec 12, 2024 04:26 PM

Kerala High Court asks state govt to convince Centre of fund availability for additional Wayanad disaster aid

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 >

32
EntertainmentNov 26, 2024 02:44 PM

Vijay Sethupathi's Maharaja becomes first Indian film to release in China after normalisation of ties, to release on..

Major blast outside Badshah's nightclub in Chandigarh, glass window shatters; no casualty Amid linkup rumours with Abhishek Bachchan, Nimrat Kaur says 'that spotlight belonged to you': 'Main ta bahut lucky..' 'One Nation One Subscription': Centre's scheme to ensure access to research articles, journals EXPLAINED Shillong Teer Results TODAY November 26, 2024: Check winning numbers here Meet woman who has become the youngest to travel all 195 countries, she is from... Kerala lottery TODAY November 26 Live Sthree Sakthi SS 443 Tuesday, check winning ticket, prize money here The Matrix villa ...Read More >

15
BusinessNov 27, 2024 09:14 PM

Union Minister Gajendra Shekhawat inaugurates 4-day International Tourism Mart in Assam's Kaziranga

Guwahati, November 27 (IANS): Union Tourism and Culture Minister Gajendra Singh Shekhawat on Wednesday underscored the northeastern region's legacy, cultural diversity, and natural wealth emphasising its rich cuisine, crafts and biodiversity while inaugurating the 12th edition of the four-day long International Tourism Mart (ITM) in Assam's Kaziranga. Speaking on the occasion, the Union Minister said that the ITM is a remarkable opportunity for the northeast India to showcase its rich culture and diversity to the world, adding that the event also offers a platform for people from across the g ...Read More >