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.
Pune, Jul 12 (PTI) Union minister Murlidhar Mohol on Saturday said the Aircraft Accident Investigation Bureau (AAIB)'s report on the Ahmedabad plane crash was a preliminary one and conclusions cannot be drawn based on it as the conversation between the pilots was very brief. The Minister of State for Civil Aviation was talking to reporters here about the investigation into the June 12 plane crash. The London-bound Boeing 787 Dreamliner crashed into a medical college hostel in Ahmedabad moments after taking off from the city airport, killing all but one of the 242 onboard and another 19 on ground in the deadliest aviation accident in a decade. The AAIB has released its preliminary report on the fatal Air India plane crash. It has found that the fuel supply to both engines was cut off within a second of each other, causing confusion in the cockpit and the airplane plummeting back to ground almost immediately after taking off. The 15-page report says that in the cockpit voice recording, one unidentified pilot asked the other why he had cut off the fuel, which the other denied. Mohol said, "This is a preliminary report. We cannot draw any conclusions based on it. Earlier, in case of such accidents, the black box had to be sent abroad. Now, we can complete this investigation quickly ourselves. The AAIB is an independent body. There is no interference from the ministry in it." "No conclusions can be drawn based on the pilots' conversation as it is very brief. Further investigation is necessary. We should wait for that report," he added. PTI COR NP
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 >
Pune Airport is set to boost international travel with new daily flights to Dubai and bi-weekly flights to Bangkok, starting October 27. Pune is gearing up to enhance its international flight connectivity with the launch of new routes beginning October 27.The city will soon have a daily flight to Dubai and a bi-weekly service to Bangkok. This announcement was made on Thursday by Murlidhar Mohol, the Minister of State for Civil Aviation. Currently, Pune airport caters to two international destinations. A prominent route from Pune is the well-established Dubai flight, currently operated by Spi ...Read More >
Jamshedpur, Dec 17 (PTI) Tata Steel has operationalised an all-women shift at its Noamundi iron mine in Jharkhand's West Singhbhum district, an initiative introduced in the country for the first time, a company statement said. Women employees were engaged in all the mining activities of the shift, including heavy earth moving machinery, shovel, loader, drill [...] Jamshedpur, Dec 17 (PTI) Tata Steel has operationalised an all-women shift at its Noamundi iron mine in Jharkhand's West Singhbhum district, an initiative introduced in the country for the first time, a company statement said. Wome ...Read More >
Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. "Large-scale illegal stone mining is taking place in the hills of Karbi Anglong in violation of the Supreme Court order. The SC had banned mining in and around K ...Read More >
Jaipur, Jun 6 (PTI) Chief Minister Bhajanlal Sharma announced on Friday that the Rajasthan government will send 50,000 senior citizens on pilgrimage by AC trains this year. Sharma was speaking at the launch of the 'Senior Citizen Pilgrimage Scheme 2025-26' here. He also flagged off the first AC 'Rajasthan Vahini Bharat Gaurav Tourist Train' under the scheme from Durgapura railway station, according to an official statement. Senior citizens will travel to the pilgrimage sites of Rameswaram and Madurai in this train. The Rajasthan government is making continuous efforts to improve the lives o ...Read More >
Guwahati, Jun 5 (PTI) Assam Chief Minister Himanta Biswa Sarma on Thursday said that the caste census will greatly benefit the indigenous Muslim community living in both the Brahmaputra and Barak Valley in the state. The Centre on Wednesday announced that India's 16th Census with caste enumeration will be carried out in 2027. The indigenous Muslim communities of Assam have been demanding for a long time, a caste-based census to assert their distinct socio-cultural identities, the chief minister said on the sidelines of the World Environment Day programme here. ''The proposed caste enumerati ...Read More >
Hyderabad, Jun 5 (PTI) A 21-year-old student from Telangana, who was pursuing MBBS in Vietnam, died in a road accident in Can Tho City, his father said on Thursday. Arshid Ashrit, who was riding a bike, was killed in the accident on Wednesday morning, his father Arjun said, citing information received by him. A pillion rider reportedly escaped with minor injuries. Also Read | Gautam Gambhir Reacts On Bengaluru Stampede During RCB's IPL 2025 Victory Celebrations During IND vs ENG Pre-Departure Press Conference, Says 'Was Never a Believer in Road Shows'. Ashrit joined the course two years ago ...Read More >
NEW DELHI, June 3 (Reuters) - Prime Minister Narendra Modi's high-profile attendance at a global airlines conference this week underscores how much India is banking on a boom in aviation to support wider development goals, but headwinds to its ambitions are gathering force. Undeterred by the uncertainty gripping the aviation sector globally due to trade tensions and shaky consumer confidence, India's biggest airlines are ploughing ahead with orders for new planes, following record deals two year ...Read More >
Dehradun, Jun 6 (PTI) The Centre and Uttarakhand government are committed to making the state a national hub of horticulture, Union Agriculture Minister Shivraj Singh Chouhan said on Friday. Interacting with farmers at a Kisan Chaupal in Pavwala Sauda village under Doiwala block of Dehradun, the agriculture minister said, "The quality of fruits, grains and vegetables grown in Uttarakhand is unique and they have full potential to make a mark at the global level." "The Centre and the state government together will make Uttarakhand a national hub of horticulture," he said. During his visit, the ...Read More >
New Delhi, Jun 6 (PTI) Former Delhi minister Satyendar Jain was questioned by the Anti-Corruption Branch (ACB) for over five hours on Friday in connection with a graft case related to the construction of classrooms in city government schools under the previous AAP dispensation. Sources said Jain was evasive in his replies and might be called for questioning again. Jain, who was the Public Works Department (PWD) minister in the AAP government, termed the case "politically motivated". According to the sources, Jain was given a written questionnaire with 29 questions. "He tried to put the bla ...Read More >
Gangtok, Jun 8 (PTI) The Sikkim government on Sunday evacuated 28 people, including three minors, stranded in Chaten in the northern part of the Himalayan state, where road connectivity has been snapped due to multiple landslides triggered by heavy rain, officials said. Responding to distress calls from a few locals, some taxi drivers and government officials stationed in Chaten, seeking evacuation, the administration hired a helicopter to rescue them. "The state government arranged a helicopter and successfully evacuated 28 people, including three minors," one of the officials said. All ev ...Read More >
Mumbai, Jun 8 (PTI) The Congress on Sunday staged a protest against the Maharashtra government's decision to allot Mother Dairy's land in Kurla for rehabilitating ineligible slum-dwellers who will be displaced by the Dharavi redevelopment project. City Congress president Varsha Gaikwad, who led the demonstration, targeted the state government's decision with a "surrender" barb, alleging that the opposition by local people was ignored. "The market value of this land is in the hundreds of crores, but it is being handed over to Adani at a nominal price," she alleged. The Maharashtra cabinet la ...Read More >
Mumbai, Jun 8 (PTI) The Congress on Sunday staged a protest against the Maharashtra government's decision to allot Mother Dairy's land in Kurla for rehabilitating ineligible slum-dwellers who will be displaced by the Dharavi redevelopment project. City Congress president Varsha Gaikwad, who led the demonstration, targeted the state government's decision with a "surrender" barb, alleging that the opposition by local people was ignored. Also Read | Encroachers Can't Claim Right To Continue Occupying Public Land, Says Delhi High Court. "The market value of this land is in the hundreds of crore ...Read More >
India's Chief Economic Advisor (CEA), Anantha Nageswaran, has urged regulators not to hinder innovations in the crypto and gaming sector. Speaking at the 2024 Global Economic Policy Forum on Wednesday, Nageswaran stressed the importance of regulatory transparency. He also advocated to strike a balance between fostering innovation and addressing social costs. "In a country with low per-capita income and financial illiteracy, not every innovation needs to be encouraged without any questioning. You have to have a social cost-benefit analysis of innovations such as Crypto and online gaming." He ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
AP EAMCET Result 2025: APSCHE has declared the results for AP EAPCET today, June 8, 2025. AP EAMCET Result 2025: The Andhra Pradesh State Council of Higher Education (APSCHE) has declared the results for Andhra Pradesh Engineering, Agriculture, and Pharmacy Common Entrance Test (AP EAPCET) 2025 today, June 8, 2025. Candidates who appeared for the examination can login and check their results on the official website, cets.apsche.ap.gov.in. AP EAMCET is now called as AP EAPCET. AP EAMCET Result 2025: How To Download Your Result? Visit the official website, cets.apsche.ap.gov.in.Click on "AP E ...Read More >
Kolkata, Dec 6 (PTI) Air India Express, the budget-carrier arm of Air India, is embarking on a significant expansion by increasing its fleet size and introducing new routes, as passenger growth remains robust. The airline, however, has deferred plans to launch direct flights between Kolkata and Dhaka, citing the ongoing political crisis in Bangladesh. "You would recall we had announced our operational plan for Dhaka, which is a new and significant market for us. But because of the situation there, we have deferred those plans," Aloke Singh, Managing Director of Air India Express, said. "As ...Read More >
New Delhi, Dec 17 (PTI) Sports minister Mansukh Mandaviya flagged off the 'Fit India Cycling Drive' at the Major Dhyan Chand National Stadium here on Tuesday. Close to 500 cycling enthusiasts joined the three kilometres ride from the stadium to Raisina Hills and back, the initiative aimed at promoting cycling as a sustainable and healthy mode of transportation. Also Read | ZIM vs AFG 2024: Rahmanullah Gurbaz Ruled Out of Zimbabwe ODI Series With Quadriceps and Hip Flexor Injuries. The event was flagged off by Mandaviya in the presence of Raksha Khadse, the minister of state (Sports), MP Tej ...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 >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >
New Delhi, Jun 8 (PTI) Aam Aadmi Party's Rajya Sabha MP Sanjay Singh and Delhi unit chief Saurabh Bharadwaj on Sunday visited the demolition site of the Madrasi Camp slum cluster, where they met with displaced residents, and intensified their attack on the BJP over the recent eviction drive. They alleged that Prime Minister Modi's promise to slum dwellers of 'jahan jhuggi wahan makan' - house at the site of their hutment - has "proved to be hollow like many others". There was no immediate response available from the BJP or the Delhi government over the accusations. The Madrasi Camp -- a jhu ...Read More >
New Delhi: Aviation watchdog DGCA will soon come out with streamlined regulations for wet-leasing of planes by Indian airlines that will also entail enhanced oversight of the aircraft, amid airlines looking to operate more planes to meet rising travel demand. With persisting supply chain woes, there is a delay in aircraft deliveries and to meet the near-term needs, carriers are opting for planes on dry and wet leases. A senior official in the know told PTI that the efforts are on to streamline the regulations for wet-leasing of planes to assist in the growth of the aviation. "Realities of the ...Read More >
Shimla, Jan 14 (PTI) Himachal Pradesh Police has filed an FIR against two men from Haryana for allegedly raping a married woman in a hotel in Kasauli, officials said on Tuesday. The accused, Mohanlal Badoli and Jai Bhagwan alias Rocky, also made videos of the act and threatened to kill the victim if she disclosed the incident to anyone, they said. The FIR was registered in Kasauli in Solan district on December 13, 2024. A copy of the FIR was doing the rounds on social media on Tuesday. According to the FIR, the woman was staying in a hotel in Kasauli with her boss and friend when she and he ...Read More >
New Delhi, Jun 5 (PTI) Union Home Minister Amit Shah has made it clear on several occasions that in the delimitation exercise, concerns of the southern states will be taken care of and discussed with all concerned at appropriate time. A spokesperson of the Ministry of Home Affairs (MHA) said this on Thursday, a day after Tamil Nadu Chief Minister M K Stalin expressed concern over the Census-linked delimitation exercise. "The Honourable Home Minister has made it clear on several occasions that in the delimitation exercise, concerns of southern states will be taken care of and discussed with a ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
New Delhi, Dec 12 (PTI) It will be a two-way fight between incumbent Arun Jaitley and former India cricketer Kirti Azad for the president's post in the three-day DDCA elections beginning here on Friday. The results will be declared on December 16. The Jaitley-led panel holds significant clout among the 3748 members likely to vote in the elections. Also Read | India Women's Cricket Team Fined For Slow Over-Rate in Second ODI Against Australia. Azad, a member of the 1983 World Cup-winning India team and sitting Trinamool Congress MP from Bardhaman-Durgapur constituency, is confident of change ...Read More >
New Delhi, Jun 5 (PTI) In a move to position India as the global epicentre of traditional medicine and wellness, the government of India has launched the Ayush Nivesh Saarthi portal. The portal was launched on May 29 during the Ayush Stakeholder/Industry Interaction meet held at Vanijya Bhawan here, an Ayush Ministry statement said. The portal was jointly unveiled by Union Minister of Commerce and Industry Piyush Goyal and Union Minister of State (Independent Charge) for Ayush Prataprao Jadhav. The event brought together senior government officials, industry leaders, and global stakeholders ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
Gangtok, Jun 8 (PTI) At least 28 people, stranded at Chaten in north Sikkim, and 20 army personnel were airlifted on Sunday as the road connectivity in the region had been snapped due to multiple landslides triggered by heavy rain, officials said. A chopper evacuated 28 civilians, comprising minors, tourist taxi drivers and government officials, from Chaten in the first sortie, while 20 army personnel returned to Pakyong Greenfield Airport in another trip, they said. The MI-17 helicopter also transported essential supplies for Indian Army personnel stationed at Chaten, the officials said. T ...Read More >
New Delhi, Jan 8 (PTI) The government is planning to make it mandatory for domestic airlines to share weather data captured by aircraft during takeoffs and landings with the weather office, which could lead to significantly better forecasts. Currently, the India Meteorological Department (IMD) launches weather balloons from 50-60 stations to collect critical data on temperature, humidity and wind speed at various altitudes, which form crucial inputs for weather forecasting models. These inputs could increase exponentially as the country records more than 6,000 takeoffs and landings by domest ...Read More >