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.
Rameswaram (Tamil Nadu) [India], July 13 (ANI): Seven Indian fishermen were arrested by the Sri Lankan Navy on Sunday morning for allegedly fishing across the maritime border between the two countries, Rameswaram Fishermen Association said. As per the association, at around 5 am, the Sri Lankan Navy apprehended the crew of the fishing boat 'IND-TN-10-MM-746', belonging to V Isaac Paul of Rameswaram's Thangachimadam, on the charges of crossing the international maritime boundary. Also Read | Biggest Piece of Mars on Earth (NWA 16788) Going Up for Auction in New York; Could Sell for USD 4 Million. The arrested fishermen, identified as P Tuthar (40) of Thangachimadam Raja Nagar, P Edison (51) of Thangachimadam Walasai Street, Shanmugam (50) of Rameswaram TSM Nagar, Sakthivel (47), Jagadish (48), Dalvin Raj (46), and Anbazhagan of Manthope, were taken to Kankesanthurai port in Sri Lanka for investigation. According to Rameswaram Fishermen Association, a total of 456 fishing boats had ventured into the sea on Saturday after obtaining permits from the Rameswaram fishing port. Also Read | Shubhanshu Shukla Return to Earth Date: Jitendra Singh Shares Update on Axiom-4 ISS Mission, Says Astronauts Splash Down on July 15 at 3 PM. Earlier this month, four fishermen from Dhanushkodi in Tamil Nadu's Ramanathapuram district, who the Sri Lankan Navy rescued after their boat capsized mid-sea, returned safely to their hometown. According to officials, the incident took place on June 25, when the four fishermen - N Nambu Prakash (23), N Nambu Gunalan (25), K Nambu (24), and S Sathyaraj (24), all residents of Puthuroda in the Rameswaram island area - ventured out to fish in the Gulf of Mannar in a traditional country boat. Around 4 am, strong winds and rough sea conditions caused their boat to overturn and sink between Dhanushkodi and Thalaimannar, leaving them stranded in open waters. The Sri Lankan Navy responded promptly to the emergency and rescued the stranded fishermen, later handing them over to the Thalaimannar police. Though no charges were filed, the fishermen were held in custody for several days before being transported to Colombo. Fisheries Department officials received the fishermen in Chennai and arranged their return to Rameswaram by private vehicle. The survivors expressed gratitude to the Sri Lankan Navy for saving their lives and enabling their safe return. (ANI) (The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)
Chennai: Hours before Union home minister Amit Shah was to arrive in Madurai, Thuglak editor and an associate of Shah, S Gurumurthy on Saturday met PMK founder S Ramadoss. The PMK leader, however, ruled out the possibility of meeting Amit Shah during his two-day visit to Tamil Nadu.Gurumurthy met Ramadoss for the second time amid reported tension within PMK regarding alliance strategies and insistence by Anbumani Ramadoss to remain party president. The hour-long meeting took place at the T Nagar residence of A K Vijay Mahesh, son of former Union minister and PMK leader A K Moorthy, sources sai ...Read More >
Chennai, June 8 (UNI) Setting the timeline for landing of four crew members on board the Axiom Mission 4 at the International Space Station (ISS), NASA said the crew would dock after a flight journey of 28 hrs. NASA, Axiom Space, and SpaceX mission will take off at 8:22 a.m. EDT, Tuesday, June 10, as part of the fourth private astronaut mission to the ISS Axiom Mission 4. The mission will lift off from Launch Complex 39A at NASA's Kennedy Space Center in Florida. The crew, including those from India, US, Poland and Hungary, will travel to the orbiting laboratory on a new SpaceX Dragon space ...Read More >
Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...Read More >
Astronauts aboard the International Space Station (ISS) faced a potential hazard when an unusual odor was detected after opening the hatch of the Progress MS-29 cargo spacecraft. The crew quickly sealed off the affected area, initiated air-scrubbing systems, and wore personal protective equipment (PPE) to ensure safety. NASA confirmed that air quality aboard the ISS returned to normal, and no risks remained for the crew. Investigations are underway to determine the source of the smell. The spacecraft will remain docked for six months, with the two astronauts, Sunita Williams and Butch Wilmore, ...Read More >
Hong Kong, December 3, (ANI): Mainland Chinese shoppers are once again flocking to stores in Hong Kong, but this time, their focus is on purchasing sanitary towels and other feminine care products, rather than infant formula, cooking oil, or Yakult drinks. This shift in shopping habits is driven by concerns over reports of contaminated and discoloured cotton fillings in similar products sold in mainland China. These safety issues have led many consumers to seek alternatives in Hong Kong, where the quality is perceived to be more reliable, Radio Free Asia reported. A shopper from Guangzhou, i ...Read More >
Hong Kong: Mainland Chinese shoppers are once again flocking to stores in Hong Kong, but this time, their focus is on purchasing sanitary towels and other feminine care products, rather than infant formula, cooking oil, or Yakult drinks. This shift in shopping habits is driven by concerns over reports of contaminated and discoloured cotton fillings in similar products sold in mainland China. These safety issues have led many consumers to seek alternatives in Hong Kong, where the quality is perceived to be more reliable, Radio Free Asia reported. A shopper from Guangzhou, interviewed by Radio ...Read More >
Kanpur, January 27: Due to the massive influx of devotees for the Maha Kumbh Mela 2025, Varanasi's District Magistrate in Uttar Pradesh has announced that all schools in the district will be closed from Monday, January 27, 2025, to Wednesday, February 5, 2025. The decision is aimed at ensuring the safety of students and managing traffic congestion caused by the large number of pilgrims arriving in Varanasi for the Maha Kumbh Mela 2025. Despite the school closures, online classes will continue as usual to maintain the academic schedule, News18 reported. This directive applies to all CBSE, ICSE ...Read More >
New Delhi [India], June 5 (ANI): External Affairs Minister S Jaishankar, in the presence of leaders of Central Asian countries, touched upon various business opportunities and complementarities between these respective economies on Thursday. Jaishankar suggested a few areas where India and Central Asian countries should collaborate to improve their economies. Jaishankar noted that India's trade and economic ties with Central Asia have actually shown a very strong positive trend over the last decade. However, he has also said that the trade figures do not reflect the full potential. Given th ...Read More >
Kandla (Gujarat) [India], June 5 (ANI): On the occasion of World Environment Day, the Deendayal Port Authority (DPA) Kandla reaffirmed its unwavering commitment to sustainability and joined the global movement to 'Beat Plastic Pollution.' DPA highlighted its ongoing efforts toward building a cleaner, greener maritime ecosystem. These include conserving green cover, embracing renewable energy, and implementing comprehensive green port initiatives--all aligning with the port's long-term vision of environmental stewardship. To mark the day, a tree plantation drive was organised, witnessing enth ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advanced Systems Ltd (TASL) for manufacturing key sections of the Rafale fighter jet, including the lateral ...Read More >
India has pledged USD 20 billion towards infrastructure development, prioritizing multimodal logistics, port connectivity, and trade facilitation, according to Union Minister Sarbananda Sonowal. He emphasized India's growing maritime capabilities and called for greater partnerships in seafarer recruitment. Strategic corridors like IMEEC, EMC, and INSTC are strengthening maritime connectivity and supply chains.India has committed USD 20 billion for infrastructure development, with a focus on enhan ...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 >
ess than 24 hours after he asserted in Nigeria's Abuja that stepping out of the comfort zone, innovating and creating new paths has now become the very essence of today's India, Prime Minister Narendra Modi on Monday told the gathering of world's most influential leaders converged in Rio de Janeiro for the G20 Summit that the main reason for India's success lies in his government's 'back to basics' and 'march to the future' approach. Addressing the G20 session on 'Social Inclusion and the Fight Against Hunger and Poverty' at the bayside museum of modern art during the two-day 19th G20 Summit, ...Read More >
Russian cosmonauts on the International Space Station (ISS) briefly sealed off a section of the station after noticing an unusual odor coming from the uncrewed Progress 90 spacecraft. NASA confirmed the odor was likely caused by "outgassing" from materials inside the spacecraft, a common occurrence when objects leave Earth's atmosphere. Despite initial concerns, there were no safety issues, and the crew continued their tasks. NASA's air scrubbing equipment cleared the air, ensuring normal conditions aboard the ISS. The Progress spacecraft had delivered nearly three tons of supplies, and the in ...Read More >
Gandhinagar (Gujarat) [India], June 6 (ANI): During the World Environment Day 2025 event held at Mahatma Mandir in Gandhinagar, Chief Minister Bhupendra Patel called for collective efforts to transform the Prime Minister's vision of 'Ending Plastic Pollution' into a mass movement. The program, jointly organised by the Forest and Environment Department and the Gujarat Pollution Control Board, was graced by Forest, Environment and Climate Change Minister Mulubhai Bera and Minister of State Shri Mukesh Patel. Also Read | Chinnaswamy Stampede: Karnataka CM Siddaramaiah Suspends Bengaluru Police ...Read More >
New Delhi [India], June 6 (ANI): Indian stock markets opened on a cautious note on Friday, as investors remained in a wait-and-watch mode ahead of the Reserve Bank of India's key monetary policy announcement. The policy decision is scheduled to be announced at 10 AM. The benchmark indices reflected this cautious mood. The Nifty 50 opened at 24,748.70, down just 2.20 points or 0.01 per cent. Similarly, the BSE Sensex also opened flat at 81,434.24, down 7.80 points or 0.01 per cent. Experts believe that any decision on the policy rate could significantly influence the market sentiment, especia ...Read More >
New Delhi, Jun 7 (PTI) Indian astronaut Shubhanshu Shukla and three others are set to embark on the Axiom Space's fourth human spaceflight from NASA's Kennedy Space Centre in Florida on June 10 and are likely to dock at the International Space Station on June 11 at about 10 PM IST, after a nearly 28-hour journey. Shukla, the mission pilot of the Axiom-4 (Ax4) commercial mission to the ISS, will be accompanied by mission commander Peggy Whitson and specialists Tibor Kapu from Hungary and Slawosz Uznanski-Wisniewski from Poland. Also Read | JP Nadda Slams Rahul Gandhi's 'Match-Fixing' Claims A ...Read More >
Bengaluru (Karnataka) [India], June 7 (ANI): Two top Karnataka State Cricket Association (KSCA) officials -- secretary A Shankar and treasurer ES Jairam -- resigned from their posts during an emergency managing committee meeting held on Saturday, accepting 'moral responsibility' for stampede near M Chinnaswamy Stadium in Bengaluru. The incident occurred during celebrations following Royal Challengers Bengaluru's (RCB) maiden IPL title win and claimed 11 lives and left dozens injured. KSCA President Raghuram Bhat confirmed the development, saying that the resignations were discussed and accep ...Read More >
Pune (Maharashtra) [India], June 8 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Sunday inaugurated the new administrative office of Maharashtra Energy Development Agency (MEDA) in Pune. After inaugurating the newly constructed office, CM Fadnavis said, "The Maha Urja building is a prime example of a green architecture. It focuses on energy conservation, and is designed to generate as much energy as it consumes, essentially making it a net-zero energy building." Also Read | Modi Government Celebrates 11 Years of 'Shashkt Nari', Says 'Women Central to India's Growth Story'. He highl ...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 >
Ahmedabad, June 8: The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximately four times long ...Read More >
New Delhi [India], February 3 (ANI): The Supreme Court on Monday sought the Central Forensic Science Laboratory (CFSL) report on the examination of certain leaked audio tapes which allegedly implicate Manipur Chief Minister N Biren Singh for instigating ethnic violence in the state. A bench of Chief Justice of India Sanjiv Khanna and Justice Sanjay Kumar said the CFSL report should be submitted in six weeks in a sealed cover. Also Read | Bengaluru Water Crisis: Residents Brace for Harsh Summer As Groundwater Levels Drop Dangerously Low. The bench then posted the hearing in the week commenci ...Read More >
New Delhi, Jun 7 (PTI) Indian astronaut Shubhanshu Shukla and three others are set to embark on the Axiom Space's fourth human spaceflight from NASA's Kennedy Space Centre in Florida on June 10 and are likely to dock at the International Space Station on June 11 at about 10 PM IST, after a nearly 28-hour journey. Shukla, the mission pilot of the Axiom-4 (Ax4) commercial mission to the ISS, will be accompanied by mission commander Peggy Whitson and specialists Tibor Kapu from Hungary and Slawosz Uznanski-Wisniewski from Poland. The Axiom-4 mission will mark India's return to space 41 years af ...Read More >
New Delhi [India], December 3 (ANI): Oilfields (Regulation and Development) Amendment Bill, 2024 to expand the definition of mineral oils and include petroleum and natural gas passed in the Rajya Sabha on Tuesday. The bill was introduced by Union petroleum and natural gas minister Hardeep Singh Puri for consideration and passing. The Bill will regulate the exploration and extraction of natural gas and petroleum. The amended bill expands the definition of mineral oils to include petroleum and natural gas in it. Also Read | Pune: Doctors Perform Rare Laser Surgery on Woman Pregnant With Monoam ...Read More >
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 >
New Delhi [India], January 31 (ANI): Parents of Wing Commander Shubhanshu Shukla were elated after their son was selected as the pilot for National Aeronautics and Space Administration (NASA)'s Axiom-4 mission, scheduled this year. The parents credited Shubhanshu's hard work and dedication for his success and also acknowledged the contribution his wife behind his success. Expressing her immense happiness in an interaction with ANI, Shukla's mother Asha Shukla said she can't express her emotions in words. "We cannot express our feelings in words," she said. "Our joy is unlimited; we cannot p ...Read More >
New Delhi [India], June 5 (ANI): Silver prices on Thursday, crossed USD 35 mark per ounce and hit its highest level since March 2012, boosted by a combination of factors such as weaker US dollar, rising geopoltical tension and robust industrial demand. 'With the trust in dollar decreasing silver appears to be a good avenue for money to move to and the Gold Silver ratio was recently above 1.10 so the only way forward was either silver prices rise up or gold prices fall, and thats what has happened silver has risen far more than gold,' said Mrinesh Jain Director, Bombay Bullion Metal Hub LLP. ...Read More >
Mumbai (Maharashtra) [India], December 10 (ANI): The stock market ended Tuesday's trading session on a subdued note, with the benchmark indices showing little movement. The Sensex edged up by 1.59 points, closing at 81,510.05, while the Nifty declined by 8.95 points to end at 24,610.05. Also Read | Parliament Winter Session 2024: Congress, INDIA Bloc Allies Move No-Trust Motion Against Rajya Sabha Chairman Jagdeep Dhankhar; Alleges 'Proceedings in Upper House Conducted in Partisan Manner'. In the Nifty pack, 23 stocks advanced, while 27 ended in the red. Among the top gainers were Shriram F ...Read More >
Mumbai: Chief minister Devendra Fadnavis said on Thursday that he held discussions on cabinet expansion with union home minister Amit Shah, party national president J P Nadda, and the party national general secretary B L Santhosh on Wednesday night. Fadnavis was on a two-day visit to Delhi days after being sworn in as chief minister. He met President Draupudi Murmu, PM Narendra Modi, defence minister Rajnath Singh and union road transport minister Nitin Gadkari. He also presented five different ...Read More >
New Delhi [India], June 5 (ANI): Air India announced on Thursday that it has added more flights to Bangkok, Colombo, and Kathmandu to meet the growing passenger demand. Effective July 7, 2025, Air India will add a sixth daily flight between Delhi and Kathmandu, increasing frequency from 35x weekly to 42x weekly. Air India will add a second daily flight between Delhi and Colombo, doubling the route's frequency from 7x weekly to 14x weekly. The Tata Group airline will add a third daily flight between Mumbai and Bangkok, increasing frequency from 13x weekly to 18x weekly. Air India said in a ...Read More >