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.
NEW DELHI, July 14 (Xinhua) -- At least nine people were killed and 11 others injured after a lorry carrying a load of mangoes overturned in the southern Indian state of Andhra Pradesh, police said Monday. The accident occurred on Sunday night in the Pullampeta area of Annamayya district, about 387 km southwest of Amaravati, the capital city of Andhra Pradesh. "The accident took place when the lorry lost control and turned turtle. The lorry was carrying an overload of mangoes of about 40 tons, with 20 workers seated on top of the load," a police official said. Police said that when the lorry overturned, the crates of mangoes fell on the workers, causing death to some and injuring the others. Following the accident, locals and emergency personnel rushed to the spot to carry out a rescue operation and shifted the injured to the hospital. The cause of the accident is being ascertained. While police suspected overloading as the reason, the driver, who survived the mishap, told them that he lost control while trying to avoid hitting a car coming from the opposite direction. Deadly road accidents are common in India, often caused due to overloading, bad condition of roads and reckless driving. ■
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
New Delhi, June 27: In a significant boost to India's horticultural exports, the Centre's Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the flagging off of the first consignment of one metric tonne of rose-scented litchi from Punjab's Pathankot to Doha in Qatar, according to an official statement issued on Friday. In addition, 0.5 metric tonne of litchi was also exported to Dubai, UAE, from Pathankot this week, marking a twin export achievement and reinforcing India's potential in global fresh fruit markets. This milestone initiative, undertake ...Read More >
New Delhi [India], July 14 (ANI): Opening India's dairy sector to US imports could result in an annual loss of Rs 1.03 lakh crore to Indian dairy farmers, according to a recent report by the State Bank of India (SBI). The report cautioned that the move would significantly impact the livelihoods of small dairy farmers, as the US dairy sector is heavily subsidized. Also Read | Bitcoin Price Hits All-Time High Today, Cryptocurrency Surpasses USD 1,21,000 Mark for First Time. SBI stated, "If the dairy sector is opened up, price of milk in India is likely to drop by at least 15 per cent which co ...Read More >
Medak: Telangana State BJP President N. Ramchander Rao on Friday appealed to the people to give the committed party an opportunity to meet the aspirations of the poor and downtrodden. Addressing a large gathering of party workers in Medak, the BJP chief remarked that citizens have experienced the rule of the BRS and the Congress party and have had bitter experiences with the deceitful practices of both. He urged people to support the BJP wholeheartedly in the upcoming local body elections as a way to teach the ruling Congress party a lesson for its unfulfilled promises. Rao emphasized that t ...Read More >
VIJAYAWADA: Chief Minister N Chandrababu Naidu on Thursday held a review meeting at his Undavalli camp office to address procurement and pricing concerns for cocoa, mango, and tobacco crops, reaffirming his government's commitment to supporting farmers. Naidu stressed a farmer-centric approach, directing officials to conduct field visits, anticipate challenges, and ensure global standards in agricultural production. He announced a dedicated cocoa policy to promote high-quality output and enhance farmer awareness. Support for Farmer Producer Organisations (FPOs) and MSMEs to strengthen agro-pr ...Read More >
Chittoor: Chittoor MP D Prasad Rao on Saturday underlined the need for strict adherence to the directives issued by Chief Minister N Chandrababu Naidu, whose top priority is the welfare of mango farmers. In a statement, the MP highlighted the importance of implementing the government's measures without deviation. He urged officials to ensure the reopening of mango pulp processing units and facilitate the purchase of Totapuri mangoes directly from farmers to prevent losses. The latter expressed his gratitude to Naidu for announcing a minimum support price (MSP) of Rs.12,000 per tonne for Tot ...Read More >
New Delhi: India has dispatched its first-ever consignment of rose-scented litchis to Qatar, marking a significant step in its push to expand exports of high-value horticultural produce, the Ministry of Commerce and Industry said on Friday. The shipment, comprising one tonne of the premium litchis from Pathankot, Punjab, was sent to Doha on 23 June, with support from the Agricultural and Processed Food Products Export Development Authority (Apeda). A smaller, half-tonne batch was simultaneously exported to Dubai. The fruit -- known for its delicate floral aroma and juicy sweetness -- has lon ...Read More >
Kuppam (Chittoor district): Chief Minister N Chandrababu Naidu has called on pulp industries and processing units to immediately step up and procure mangoes from farmers. At a high-level meeting held at his residence in Kuppam on Thursday, Naidu assured farmers that the state government was committed to protecting their interests and would also provide necessary assistance to industries to keep the supply chain moving. The meeting brought together mango farmers, industry representatives, and government officials from the erstwhile Chittoor district. Officials informed the Chief Minister that ...Read More >
VIJAYAWADA: Agriculture Minister K Atchannaidu on Monday urged Union Agriculture Minister Shivraj Singh Chouhan to reduce the GST on mango pulp from 12% to 5%, while seeking enhanced central support for the State's agriculture sector. Speaking after the meeting in New Delhi, Atchannaidu alleged that farmers suffered under the YSRCP regime due to poor policy decisions and a failure to utilise Central schemes. "The sector was paralysed under Jagan Mohan Reddy's rule," he said, accusing the previous government of completely ignoring farmers' needs. The Agriculture minister said that 64% of the ...Read More >
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. "E ...Read More >
Thane, Apr 5 (PTI) A family from Maharashtra's Thane district was allegedly swindled of more than Rs 1.66 crore by a man who exploited their fear of "black magic" and promised them divine remedies through elaborate rituals and pilgrimages, police said on Sunday. The Kasarvadavali police district on April 2 registered a first information report (FIR) against Manjunath Shetty, a resident of Andheri in neighbouring Mumbai, based on the family's allegations that they were manipulated into paying the accused over a period of two years to "neutralise black magic" performed by a relative, an officia ...Read More >
Kuppam (Andhra Pradesh), Jul 3 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Thursday urged mango farmers and pulp companies to work together, especially as farmers face a major crisis. At a meeting with mango farmers from the undivided Chittoor district and representatives of pulp companies and processing units at his residence in Kuppam, Naidu directed companies to immediately purchase mangoes from farmers. "The government will also support the pulp industry and processing units," Naidu said in an official release. He assured farmers that the government will formulate an acti ...Read More >
VIJAYAWADA: Agriculture Minister Kinjarapu Atchannaidu, Revenue Minister Anagani Satya Prasad, and Civil Supplies Minister Nadendla Manohar fiercely criticised YSRCP chief YS Jagan Mohan Reddy, accusing him of orchestrating political theatrics under the guise of supporting mango farmers of Chittoor district. At a press conference on Wednesday, Atchannaidu termed Jagan's Bangarupalem visit a drama to disrupt peace, and defame the NDA government, asserting that it was attended only by YSRCP cadre, not genuine mango farmers. He refuted the claim of poor mango procurement, stating that 99% of pr ...Read More >
VIJAYAWADA: Andhra Pradesh has emerged as a leading horticultural hub, recording a production of 275.13 lakh metric tonnes from 15.98 lakh hectares, ranking fifth in the country in horticultural output, said Governor S Abdul Nazeer. Speaking at the 6th Convocation of Dr YSR Horticultural University held at Swarna Bharat Trust in Atkur, Krishna district, on Thursday, the Governor noted the State's leadership in producing crops like chilli, cocoa, lime, oil palm, papaya, tomato, cashew, mango, banana, and sweet orange. He credited this success to advances in productivity and the expansion of cu ...Read More >
New Delhi [India], July 14 (ANI): Opening India dairy sector to US imports could result in an annual loss of Rs 1.03 lakh crore to Indian dairy farmers, according to a recent report by the State Bank of India (SBI). The report cautioned that the move would significantly impact the livelihoods of small dairy farmers, as the US dairy sector is heavily subsidized. SBI stated, If the dairy sector is opened up, price of milk in India is likely to drop by at least 15 per cent which could cause potential annual loss of Rs 1.03 lakh crore to dairy farmers. The report pointed out that agriculture an ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
NEW DELHI/BATHINDA: The Directorate of Enforcement (ED) on Friday conducted searches at 22 de-addiction centres across Punjab, including in Chandigarh, Barnala and Ludhiana, after its investigation revealed illegal sale of drugs by these centres. The agency also searched a premise in Mumbai linked to the accused.Dr Amit Bansal, who runs these 22 centres, is prime accused in the case, sources said. Bansal, against whom Punjab Police has registered multiple FIRs, is alleged to be engaged in illegal sale of drugs from his de-addiction centres.Privately-run drug de-addiction centres in Punjab are ...Read More >
A few places across districts such as East Godavari, Srikakulam, Dr. B. R. Ambedkar Konaseema, Eluru, Alluri Sitharama Raju, Markapuram and Tirupati received light to moderate rainfall on Monday (April 6). According to real-time rainfall data from the Directorate of Economics and Statistics (DES), between 8.30 a.m. and 5 p.m., Laxmipuram in East Godavari district recorded the highest rainfall of 57.5 mm. This was followed by Ramachandrapuram in Dr. B. R. Ambedkar Konaseema and Etcherla in Srikak ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >
Rayachoti (Andhra Pradesh), Jul 3 (PTI) Two alleged terrorists from Tamil Nadu nabbed here recently after 30 years lived under "fake identities," and nearly 20 kg of explosives were seized from them, police said on Thursday. Abubacker Siddique, allegedly involved in the 2011 pipe-bomb planting attempt during BJP veteran and former Deputy Prime Minister L K Advani's rath yatra in Tamil Nadu's Madurai and his accomplice Mohammed Ali were arrested earlier from here. Siddique was involved in several bomb blasts in south India and was arrested by the Tamil Nadu's Anti Terrorism Squad from his hid ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >
Rayachoti (AP), July 14 (UNI) In a ghastly road accident, 9 agriculture workers were killed and 12 were injured when a mango-laden lorry overturned at Reddipalli village of Pullampet mandal in Annamayya district last night. Police said that as many as 21 agriculture workers harvested mango at an orchard at Isukapalli village of Rajampet mandal. They loaded the mangoes on the lorry. The lorry was transporting the mango produce to the mango market yard at Railway Kodur. The workers were travelling on the top of the mango-laden lorry. The accident took place past midnight. The lorry overturned ...Read More >
"The system is currently moving towards north Tamil Nadu, Puducherry, and south coastal Andhra Pradesh, and is expected to strengthen further as it approaches land by Thursday morning," a weather bulletin from the IMD said. The IMD sounded a red alert in Prakasam, YSR Kadapa, SPS Nellore, Annamayya, Tirupati, and Chittoor districts; orange alert in Kurnool, Nandyal, Anantapur, and Sri Sathya Sai districts and yellow alert in Palnadu. The Andhra Pradesh State Disaster Management Authority (APSDM ...Read More >
Hyderabad: In a significant archaeological discovery, large ancient human burial sites resting in the Godavari River basin have been discovered in Telangana's Mulugu district. On information, a technical team consisting of the Department of Heritage and Telangana government visited the burial structures in Motlagudem village, approximately 120 kilometre from Warangal City. Locally, they are referred "rakasi bandalu" (giant stones) and "rakasi guhalu" (giant caves). Officials said the findings ...Read More >
he Australian government claimed on Thursday that the country is on track to meet its 2030 emissions reduction target, with new figures showing improved projections. In an annual climate change statement delivered to parliament, Minister for Climate Change and Energy Chris Bowen announced that Australia is projected to cut its greenhouse gas emissions by 42.6 per cent from 2005 levels by 2030 -- up from the 37-per cent cut projected in 2023.The government has committed to cutting Australia's emissions by 43 percent from 2005 levels by 2030, Xinhua news agency reported. "Our robust reforms an ...Read More >
New Delhi, June 27 (UNI) In a significant boost to horticultural exports, India flagged-off the first consignment of one metric tonne of rose-scented litchi from Pathankot, to Doha, Qatar. Additionally, a separate consignment of 0.5 metric tonne of litchi was also exported to Dubai, UAE from Pathankot, marking a twin export achievement and India's growing presence in the global fresh fruit market, an official statement said. The initiative was facilitated by Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce & Industry in association ...Read More >
New Delhi: India has exported 1.5 tonnes of litchi fruit, for the first time, from Punjab to Doha and Dubai this month, the commerce ministry's arm, Agricultural and Processed Food Products Export Development Authority (APEDA), said on Friday. To boost India's horticultural exports, APEDA has facilitated the flag-off of the first consignment of 1 tonne of rose-scented litchi from Pathankot in Punjab to Doha on June 23, and 0.5 tonne of the same fruit to Dubai, it said in a statement. This initiative was facilitated by the authority in association with Punjab's Department of Horticulture and ...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 >
New Delhi, Apr 3 (PTI) INOX Air Products on Friday said it has commissioned its first ultra-high purity (UHP) liquid oxygen facility in Hosur, Tamil Nadu, aiming to support India's semiconductor and solar manufacturing sectors. The plant produces 6N grade (99.9999 per cent purity) liquid oxygen with a capacity of 17 tonnes per day (500 cubic meters per hour), catering to the stringent requirements of electronics and photovoltaic industries, the company said. INOX Air Products said the facility will help reduce reliance on imports of ultra-high purity oxygen, which was previously sourced from ...Read More >
Guwahati: Horticulture and Research Centre at Nagichara in West Tripura has launched experimental cultivation of 22 foreign and 13 indigenous improved varieties of mango to help farmers increase their income, Agriculture and Farmers' Welfare Minister Ratan Lal Nath announced on Sunday. Speaking at the Monsoon Mango Fiesta 2025 held at Narikel Kunj in Gandatwisa, a tribal region in Dhalai district, Nath highlighted the government's continued efforts to transform Tripura into a hub for mango cultivation. Ready for a challenge? Click here to take our quiz and show off your knowledge! He noted ...Read More >