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.
Chennai, July 13 (SocialNews.XYZ) In yet another mid-sea confrontation, seven Indian fishermen from Rameswaram in Tamil Nadu were arrested by the Sri Lankan Navy in the early hours of Sunday for allegedly crossing the International maritime boundary line (IMBL), police officials said. Their mechanised trawler was also seized. According to the police, the arrested fishermen were on a boat owned by V. Isaac Paul of Thangachimadam. They were part of a larger fishing fleet that had ventured outside on Saturday after receiving tokens from the Fisheries department -- a total of 456 trawlers were issued tokens for that day. The fishermen arrested have been identified as B. Ruther (40), P. Edison (48), and M. Jegadeesh (42) of Thangachimadam; A. Shanmugam (56) and F. Dalvin Raj (42) of Rameswaram; M. Sakthivel (43) of Keerathurai in Madurai; and Anbalagan, whose native place is being verified. Officials said the Sri Lankan Navy intercepted the Indian boat after it allegedly breached the IMBL and took the fishermen into custody. They were escorted to the Kankesanthurai port along with the seized vessel and were later lodged in Jaffna prison. In a separate incident on the same day, another Indian trawler sustained damage after collision with a Sri Lankan Navy patrol boat near the contested waters between Katchatheevu and Neduntheevu. The trawler, owned by Maria Seeron, was fishing in the area when the patrol boat approached them, reportedly to question the crew. In the process, the naval vessel allegedly rammed into the Indian boat, causing significant damage. Despite the impact, all seven fishermen on board -- identified as Stalin, Muneeswaran, Viyakulam, Columbus, Nagesh, Stephen, and Sarathkumar -- managed to navigate their damaged vessel back to Rameswaram jetty safely, Fisheries Department sources confirmed. These twin incidents have once again drawn attention to the persistent maritime tensions between Indian fishermen and the Sri Lankan Navy, particularly in the waters near Katchatheevu, a region frequently patrolled by Sri Lankan forces and heavily relied upon by Indian fishermen for their livelihood. Local authorities are expected to take up the issue with the Central government for diplomatic intervention.
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 >
Chennai, Jun 29 (PTI) Tamil Nadu Chief Minister MK Stalin on Sunday conveyed to the Centre that 8 fishermen have been arrested by Sri Lanka and sought its intervention to ensure their safe return. Writing to External Affairs Minister S Jaishankar, Stalin said: "I wish to draw your urgent attention to a matter of grave concern affecting the livelihood and safety of Indian fishermen, particularly those from Tamil Nadu." The CM said it has been reported that the Sri Lankan authorities on June 29, 2025 apprehended 8 fishermen from Rameswaram and seized their mechanised fishing boat. Such inciden ...Read More >
Chennai, June 29 (UNI) Eight fishermen from Tamil Nadu were arrested by the Sri Lankan Navy while fishing in the high seas today, even as Chief Minister M K Stalin urged External Affairs Minister (EAM) Dr S Jaishankar to initiate proactive diplomatic steps to secure their release along with their boat. The eight fishermen, hailing from Rameswaram in Ramanathapuram district, were fishing in a mechanised boat near Katchatheevu, when they were arrested by the Sri Lankan Navy personnel. The Lankan Navy arrested them for fishing in their territorial waters after crossing the International Mariti ...Read More >
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 >
MUMBAI: A directive from the state prohibiting the sale of fish at Sassoon Docks, one of Mumbai's oldest and most active fish landing sites, has stirred the waters for the fishing community, especially Kolis at Colaba and Cuffe Parade. The ban on fish sales, recently imposed by the Maharashtra state fisheries department, is a first at the dock and, according to the Koli community, oversteps the annual ban on fishing during the monsoon from June 1 to July 31. While the community acknowledges the need to prohibit fishing during the monsoon months, as it protects marine biodiversity during the b ...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 >
Indore (Madhya Pradesh) [India] July 8 (ANI): Union Minister for Development of the North Eastern Region (DoNER), Jyotiraditya Scindia, on Monday highlighted the rapid progress being made in India's Northeastern states and reiterated Prime Minister Narendra Modi's 'resolve' to make the Northeastern region the 'growth engine' of India. Interacting with media on Monday in Indore, Scindia said, 'The Prime Minister's resolve is to make the Northeastern region the growth engine of India. The Government of India is working with that same resolve, based on which, whether it be social development or ...Read More >
Union Minister Sarbananda Sonowal unveils major infrastructure projects worth over Rs 276 crores at Visakhapatnam Port. Initiatives include new cargo handling facilities, a public promenade to boost cruise tourism, modern digital systems for safer operations, and advanced maritime education programs, enhancing the port's competitiveness on a global scale. In a substantial move towards upgrading India's maritime infrastructure, Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, an ...Read More >
Chennai: Chief minister M K Stalin has set a target of enrolling 2.5 crore members in DMK and has instructed party district secretaries to step up membership drive under 'Oraniyil Tamil Nadu' campaign.In a virtual meeting with DMK district secretaries on Thursday, Stalin said they only had 30 more days to achieve the target. He had earlier set a target of enrolling at least 30% voters in every polling booth. Now, after the positive response for the 'Oraniyil Tamil Nadu' campaign, Stalin has revis ...Read More >
New Delhi [India], July 12 (ANI): Assam Chief Minister Hemanta Biswa Sarma on Saturday, inaugurated India's first Aqua Tech Park in Sonapur, Assam, with an aim to boost fish production. Additionally, this will help in generating earning opportunities in the state of Assam. Also Read | Air India Plane Crash: AAIB Report Preliminary, We Can't Say Anything Definite at This Point, Says MoS Civil Aviation Murlidhar Mohol (Watch Video). "India's first Aqua Tech Park inaugurated in Sonapur, Assam. Dedicated the Aqua Tech Park,a first of its kind in India which will greatly boost fish production an ...Read More >
Kolkata, July 15: As many as 34 fishermen, mostly hailing from the coastal belt of Kakdwip in South 24 Parganas district of West Bengal, have been detained by the Bangladesh administration after their fishing trawlers allegedly crossed the international waters and entered the neighbouring country's coastline. As per information communicated to the West Bengal government, the incident took place late on the night of July 13, and the matter was communicated to the Indian and the West Bengal administration officially by the Bangladesh government on Tuesday morning. Tamil Nadu: 8 Indian Fishermen ...Read More >
Chennai, Jul 15 (PTI) The ManipalCigna Health Insurance Company Ltd has planned to expand its footprint in Tamil Nadu with 10 more branches and add over 10,000 advisors across South India. ManipalCigna Health Insurance Company Ltd is a joint venture between Manipal Group, an eminent player in healthcare delivery and higher education and global health services company Cigna Healthcare. Also Read | Aadhaar Free Update: Government Requests Parents to Update Children's Aadhaar Biometrics Between Age 5-7, Free of Cost. Citing a data from the General Insurance Council (GIC), ManipalCigna said it ...Read More >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
New Delhi [India], July 7 (ANI): Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, on Monday announced multiple initiatives by the Government to boost the waterways and maritime sector in the region. With an investment of 5,000 crores earmarked, the Union Government has drawn up major initiatives in this regard, a release from the Ministry of Ports, Shipping and Waterways said. As per the release, over the past 11 years, the Ministry of Ports, Shipping, and Waterways (MoPSW) has transformed India's maritime sector, achieving record growth in cargo handling, capacity, and co ...Read More >
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 Thangachimadam, on the charges of crossing the international maritime boundary. The arrested fishermen, identified as P Tuthar (40) of Thangachimadam Raja Nagar, P Edison (51) of Thangachimadam Wala ...Read More >
TIRUCHY: Tamil Nadu fishers who have been facing frequent arrests on charges of crossing the International Maritime Boundary Line (IMBL) at the Palk Strait would soon get a good news as the bilateral talks between India and Sri Lanka has witnessed positive approach and negotiations are being made to solve the mid-sea issues faced by the Indian fishermen particularly those who are from Tamil Nadu. Palk Street is a narrow strip of water separating Tamil Nadu and the Northern Province of Sri Lanka and the Gulf of Mannar, where the controversial Katchatheevu is situated. Sources revealed that fo ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
Colombo, June 29 (Daily Mirror) - The Sri Lanka Navy seized an Indian fishing boat and apprehended eight Indian fishermen while they were poaching in Sri Lankan waters north of Mannar, during a special search operation conducted early this morning. The North Central Naval Command spotted a group of Indian fishing boats engaging in illegal fishing, trespassing into Sri Lankan waters in the early hours of today and deployed its Inshore Patrol Craft to drive away the Indian fishing boats from island waters, north of Mannar, the Sri Lanka Navy said. The navy seized one Indian boat and apprehende ...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 >
Vijayawada: Chief Minister N Chandrababu Naidu directed officials to transform the state into a zero-crime-rate state by leveraging technology. He emphasised that Andhra Pradesh should become a model state in law and order monitoring through effective use of technology. The Chief Minister conducted a review with officials on real-time governance at the Secretariat. He instructed that crime hotspots be continuously monitored through CCTV cameras to control criminal activities. He also directed officials to revise regulations to allow the use of footage from private CCTV cameras, stressing that ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
Udupi: Three fishermen have gone missing after their traditional fishing boat capsized off the Gangolli coast in Udupi district. The missing have been identified as Suresh Kharvi, Rohith Kharvi and Jagadish Kharvi of Malyarubettu. They were part of a group of four fishermen who had ventured into the sea for fishing in a boat owned by Suresh Kharvi. According to sources, the sea turned rough during the trip. When the fishermen attempted to return to shore, the boat reportedly overturned due to t ...Read More >
UDUPI: The body of a missing fisherman was recovered on Wednesday evening. The deceased is Jagannath, 50.In a complaint, Akash said that his uncle went fishing on June 15 at around 6 am, along with Suresh, Lohith, and Santosh in a gillnet fishing boat named Sri Hakrematha Yaksheshwari. After completing their fishing trip, they were returning and nearing the outer gate of the Gangolli port when they were caught in a sudden and intense storm. A strong wave hit the boat, causing all four men to fall into the sea along with the boat.Of the four, Santosh was rescued by fishermen from a nearby boat, ...Read More >
Chennai, June 2 (SocialNews.XYZ) Union Minister of State for Information & Broadcasting and Parliamentary Affairs L. Murugan launched a scathing attack on the DMK following its general council meeting in Madurai, accusing the party of engaging in dynastic theatrics and diversionary tactics to mask its failures. Calling the meeting a "coronation event", Murugan alleged that the DMK had convened it primarily to reaffirm that Chief Minister M.K. Stalin's son would inherit party leadership. The DMK held its general council meeting on Sunday, where it adopted 27 resolutions. "It was a political ...Read More >
India opened the scoring through Geeta Yadav (11th minute); however, in the second quarter, Belgium equalised through Marie Goenns (25th) The Indian junior women's hockey team made a positive start to its tour of Europe with a 3-2 win over hosts Belgium here on Sunday. India opened the scoring through Geeta Yadav (11th minute). However, in the second quarter, Belgium equalised through Marie Goenns (25th). Soon Belgium took the lead as Louise van Hecke (34th) found the back of the net. India made a valiant comeback and levelled the scores through Sonam (40th). The visitors continued to att ...Read More >
India's next space hero is here. It's Shubhanshu Shukla.In a historic leap for India's space exploration, Group Captain Shubhanshu Shukla is set to become the first Indian astronaut to travel to the International Space Station (ISS). Scheduled for launch on June 10, aboard SpaceX's Falcon 9 rocket as part of Axiom Mission 4 (Ax-4), Shukla's journey will make history as he becomes the first Indian astronaut to travel to the ISS.Axiom Mission 4 (Ax-4) is a pioneering private spaceflight mission that will not only send India's first private astronaut to space but also mark the return to human spa ...Read More >
New Delhi, Jun 27 (PTI) The issue of Sri Lanka arresting Indian fishermen stems from an agreement during the Emergency under which their rights for fishing in some specific areas were given up, External Affairs Minister S Jaishankar said on Friday. The agreement with Sri Lanka would not have been possible if a genuine Parliament functioned at that time, Jaishankar said at an event organised by the BJP Yuva Morcha to mark the 50th anniversary of the Emergency. Katchatheevu, an uninhabited island was ceded to Sri Lanka by then Indira Gandhi regime in the country under a maritime agreement in 1 ...Read More >
Tirupati/Chittoor: After chilli and tobacco farmers, mango growers are now in focus as YSRCP chief Y S Jagan Mohan Reddy looks to raise the political heat in the state. A bumper mango yield this year has brought little joy to farmers, who are struggling with falling prices. Despite the state government's swift action, announcing subsidies and deploying officials to assist distressed farmers, the issue has turned political. Looking to capitalise on the unrest, Jagan will visit Bangarupalem market yard on July 9 to console mango farmers. In fact, the government claims that Andhra Pradesh's pr ...Read More >