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 14 (UNI) For the first time in history, the DMK government of MK Stalin has appointed an IAS officer quartet as the government's spokespersons to disseminate key information about developments in various departments through the media. The quartet comprises senior IAS officers J Radhakrishnan, Gagandeep Singh Bedi, Dheeraj Kumar and P Amutha, an official release said today. This comes at a time when the assembly elections are just 10 months away. Earlier, the Government had constituted a fake news checking unit to counter disinformation even though there exists the Directorate of Information and Public Relations (DIPR). This the first time that Tamil Nadu is having bureaucrats as spokespersons for the government. The appointment of these four as spokespersons is seen as part of the government's outreach to the people with timely and accurate information through media briefings by coordinating with other Departments. Each of the four has been allotted a bunch of Departments and the Secretaries of the Departments concerned will provide information to them pertaining to the announcements and developments. Being senior bureaucrats, all the four have wide experience in the administration, having handled various responsibilities. While Radhakrishnan will handle among others School Education, Health and Family Welfare, Energy. Food and Consumer Protection and Human Resources Management, Bedi has been assigned Rural Development, Municipal Administration, Industries and Commerce, Fisheries and Dairying. Dheeraj Kumar will look after Home, Prohibition and Excise while Amudha has been entrusted with Revenue, Disaster Management, Social Welfare and Women Empowerment as well as Special Programmes Implementation.
Madurai: Tamil Nadu BJP state president Nainar Nagendran on Sunday showered praise on Union Home Minister Amit Shah by equating him Sardar Vallabhbhai Patel, the iron man of India. Nagendran was speaking at a meeting where Shah addressed BJP functionaries in the Othakadai area of Madurai. Nagendran said Shah will carry out a silent operation in Tamil Nadu to weed out the ruling DMK from power. On Tamil Nadu Chief Minister's MK Stalin's criticism of Shah, Nagendran said the Union Home Minister is the one who brought BJP back to power in Haryana and Maharashtra. "Shah removed Arvind Kejriwal f ...Read More >
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 >
CHENNAI: Tamil Nadu Congress Committee President K Selvaperunthagai, a key member of the DMK-led INDIA bloc, on Friday called on PMK founder Dr Ramadoss at the latter's Thailapuram residence. Selvaperunthagai visited Ramadoss a few days after the octogenarian cited deceased former DMK president M Karunanidhi and incumbent Chief Minister M K Stalin as example of father-son relationship, in a veiled message to his rebel son Dr Anbumani. Though it is a tad too early to speculate a possible realignment in the existing alliance composition, precisely, the likely return of the PMK led by Dr Ramado ...Read More >
VILLUPURAM: Tamil Nadu Congress Committee (TNCC) president K Selvaperunthagai met PMK founder S Ramadoss at his residence in Thailapuram near Tindivanam on Friday. The meeting of a leader of the DMK-led alliance amid the intense leadership tussle under way within the PMK between Ramadoss and his son Anbumani Ramadoss raised eyebrows, especially since Anbumani recently accused the ruling DMK of being behind the tussle. But Ramadoss had later refuted it. Selvaperunthagai, however, clarified to the media, that the meeting, which lasted roughly for about 30 minutes, was purely a courtesy call. " ...Read More >
TNCC president K Selvaperunthagai described the passing of Elangovan as "a huge loss". Senior Congress leader and former Union Minister E V K S Elangovan died due to age-related ailments at a private hospital here on Saturday, the hospital said. He was 75. The legislator from Erode East constituency has not been keeping well for over a month. He was admitted to a hospital here on November 11. "He passed away today despite the best efforts of the medical staff," the hospital said. TNCC preside ...Read More >
Chennai: In a bid to strengthen the organizational infrastructure of the Tamilaga Vetri Kazhagam (TVK) and to develop a robust campaign machinery, the party's founder president Vijay announced the names of 17 new key office-bearers for various wings with Adhav Arjuna, former deputy general secretary of the VCK, becoming the general secretary for campaign management on Friday. Apart from Adhav Arjuna, another known political leader who had been co-opted by Vijay is C T R Nirmal Kumar, a former BJP leader who switched over the AIADMK and has now landed in the TVK as deputy general secretary for ...Read More >
CHENNAI: With the Tamil Nadu Assembly elections less than ten months away, political momentum is gathering pace across the state. As parties recalibrate strategies and alliances, AIADMK general secretary Edappadi K Palaniswami (EPS) is preparing to launch a state-wide campaign aimed at galvanising support and positioning his party as the prime contender to overthrow the DMK government. According to sources within the AIADMK, EPS is set to embark on a massive outreach programme titled Makkal Yatra (People's Pilgrimage) starting mid-July. Drawing inspiration from his 2021 pre-poll campaign "V ...Read More >
CHENNAI: Congratulating A Rajeshwari, a Malayali tribal girl from Karumandurai, a village in the Kalvarayan Hills, who secured an all-India rank of 417 under the Scheduled Tribe category in JEE Advanced, Chief Minister MK Stalin on Thursday announced that the state will bear the entire expenses for her higher studies. TNIE was the first to report the story The CM, in a post on his X handle, said, "I salute Rajeshwari, a student of the government residential school, for realising her father's dream even after his death. More girls like Rajeshwari joining the IIT will be a real source of pride ...Read More >
Ludhiana, Jun 8 (PTI) Punjab Congress president Amrinder Singh Raja Warring on Sunday asserted that his party will win the Ludhiana West assembly bypoll, scheduled to be held on june 19, with a "record margin". "Congress practically has no competition here", he claimed. Warring, who is also the Ludhiana MP, said that the ruling Aam Aadmi Party (AAP) was badly mistaken that the Congress would allow it to abuse power and misuse the official machinery for the elections. "First of all, we will not let any misuse of the official machinery and second, in case any official is found to be misusing ...Read More >
TN: HM Amit Shah says BJP-AIADMK alliance will form govt in 2026 Chennai: Union Home Minister and senior BJP leader Amit Shah on Sunday said that the BJP-AIADMK alliance will form the government in Tamil Nadu next year after winning the forthcoming Assembly elections. Addressing a public meeting in Madurai, Union Minister Shah declared, "The NDA government of the BJP-AIADMK alliance will be formed in Tamil Nadu in 2026. I may live in Delhi, but my ears are always tuned to Tamil Nadu." He launched a scathing attack on the DMK government in Tamil Nadu, asserting that the people of the state a ...Read More >
Villupuram: Tamil Nadu Congress Committee president K Selvaperunthagai called on PMK founder S Ramadoss at his Thailapuram farmhouse in Villupuram district on Friday, setting off speculation about whether it was a political meeting to invite PMK to the DMK front.Selvaperunthagai said it was a 'courtesy call' to inquire about the health of Ramadoss, with whom he "has decades long association". "I came to inquire about Ramadoss' health. This was a courtesy meeting. Nothing was spoken about alliance ...Read More >
Chennai (Tamil Nadu) [India], June 6 (ANI): Makkal Needhi Maiam (MNM) President and Actor Kamal Haasan filed his nomination for Rajya Sabha at the Tamil Nadu secretariat in the presence of DMK President and state Chief Minister MK Stalin and his Deputy Udhayanidhi Stalin. DMK allies, VCK leader Thirumavalavan, MDMK leader Vaiko, and Tamil Nadu Congress President Selvaperundagai were also present. With DMK allocating one Rajya Sabha seat to Makkal Needhi Maiyam, its founder and actor Kamal Haasan was earlier named the candidate for the Upper House of Parliament. In the 234-member Tamil Nadu ...Read More >
Mumbai, Jun 8 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Sunday said Congress MP Rahul Gandhi, instead of introspecting on the defeat in the 2024 state assembly polls, has been repudiating the mandate given by the people because they rejected him. The leader of opposition in the Lok Sabha is preparing his excuses for future defeats in the upcoming assembly elections, including Bihar, Fadnavis said in his articles published in the Indian Express and Marathi daily Loksatta. On Saturday, Gandhi, in an article published in several newspapers and in posts on X, claimed the 2024 Maharas ...Read More >
CHENNAI: PMK founder S Ramadoss reiterated that he will remain as the president of the party till his last breath, brushing aside the olive branch extended by his son and party president Anbumani in public meetings. Speaking to media persons at his Thailapuram residence in Villupuram on Thursday, the senior leader brushed aside an apology tendered by Anbumani a few days ago. "Apology is not an issue. I started the party and have visited 96,000 villages to expand it. I will be president till my last breath. He (Anbumani) should function as working president," Ramadoss said, standing by his ori ...Read More >
Kottayam (Kerala), Dec 12 (PTI) The historic struggle for equality that took place in Vaikom a century ago, popularly known as the Vaikom Satyagraha, was not a movement confined to Kerala but marked the starting point for various other struggles for social justice, Tamil Nadu Chief Minister M K Stalin said on Thursday. In his address at Vaikom in this district after inaugurating the renovated Thanthai Periyar Memorial and Periyar Library, Stalin said that while impressive strides have been made in areas of social justice and economy in 100 years, a lot more has to be achieved. Stalin inaugur ...Read More >
Panchkula (Haryana) [India], December 17 (ANI): Haryana Chief Minister Nayab Saini on Tuesday welcomed the 'One Nation, One Election' bill stating that One Nation One Election will create a balance between speed of work and finances. He also dismissed opposition protests over the bill saying that Congress opposes every good initiative, that's their only agenda. Speaking to mediapersons, the Haryana Chief Minister said, "Continuous elections cost a lot and slow down development and progress. One Nation One Election will create a balance between speed of work and finances. This bill should be ...Read More >
New Delhi, Dec 17 (UNI) The Supreme Court on Tuesday upheld Madras High Court's November 20, 2024, order directing a CBI probe into the Kallakurichi hooch tragedy, which claimed the lives of 68 people in Tamil Nadu. A bench comprising Justice J.B. Pardiwala and Justice J. Mahadevan dismissed a special leave petition filed by the ruling DMK government, stating: "Having heard the learned Advocate General appearing for the petitioners and having gone through the materials on record, we see no good reason to interfere with the very well-reasoned judgment of the High Court." The High Court, in it ...Read More >
Pudukkottai (Tamil Nadu) [India], June 7 (ANI): Bharatiya Janata Party (BJP) leader H. Raja criticised Makkal Needhi Maiam (MNM) President chief Kamal Haasan, saying that the actor-turned-politician has 'mortgaged' his party in exchange for a Rajya Sabha seat. The BJP leader stated that the MNM chief, who used to oppose the DMK's freebies and corrupt rule, has 'mortgaged' his torchlight election symbol to the DMK in exchange for a Rajya Sabha seat. He even claimed that the actor has said to never form an alliance with the DMK. 'Everyone knows what Kamal Haasan did in the past. He opposed the ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >
Guwahati (Assam) [India], June 8 (ANI): The Asom Gana Parishad (AGP) announced Birendra Prasad Baishya as its candidate for the upcoming Rajya Sabha elections from Assam. Baishya is currently serving as a member of the Rajya Sabha, with his tenure set to expire on June 14. Also Read | Indore Horror: Dog Carries Baby Girl's Body in Its Jaws at Madhya Pradesh Hospital, Mutilated Body of Newborn Recovered, Probe On. Earlier this week, the Election Commission of India (ECI) on Monday announced the schedule for conducting biennial elections in eight Rajya Sabha seats, six from Tamil Nadu and two ...Read More >
Chennai (Tamil Nadu) [India], June 8 (ANI): Tamil Nadu Bharatiya Janata Party (BJP) spokesperson ANS Prasad criticised the ruling Dravida Munnetra Kazhagam (DMK) over its remarks on the Census and the upcoming delimitation exercise, alleging that the party is attempting to mislead the public. In a press statement, Prasad said that Chief Minister MK Stalin and DMK MP Kanimozhi should refrain from making 'baseless allegations' against the Central Government. He asserted that such comments appear politically motivated and distract from administrative failures in Tamil Nadu. 'The DMK government' ...Read More >
CHENNAI: BJP state president Nainar Nagenthran on Thursday dismissed allegations of politicisation of the recent Lord Murugan Devotees' Conference in Madurai, asserting that the event was purely spiritual. Speaking to reporters after paying floral tributes to 'silambu selvar' MP Sivagnanam on his 120th birth anniversary at T Nagar here, Nainar Nagenthran said, "Not a single word of politics was uttered at the Murugan conference. My address focused solely on spirituality. No religion was disrespected, nor were any individuals denigrated." His remarks come in response to criticism over a contr ...Read More >
VIJAYAWADA: The State government on Friday accorded approvals to a slew of industries. Among those are Krishnapatnam Power Corporation Limited (KPCL), which is set to establish a 350 MW Solar and Battery Energy Storage System (BESS) in Thamminapatnam and Mommidi villages of SPSR Nellore district with a Rs 1,225 crore investment, creating 575 jobs. Furthermore, the government also waived off a Rs 54 crore extension of time fee, contingent on project completion within two years as per the Andhra Pradesh Integrated Clean Energy Policy-2024. The government also allocated 22.80 acres at MPSEZ in N ...Read More >
DHARMAPURI: For the third time in the past two months, a wild leopard wandered into a private farmland near Valaithottam village near Palacode and hunted chicken raised by a local farmer. Locals are increasingly distressed and urged the forest department to take steps to relocate the leopard. Over the past few months, there have been several reports of leopard sightings in forest areas near Palacode, particularly in Valaithottam village, near the forest's fringe. There have been two instances when the leopard attacked farmlands, taking away a domestic dog and a chicken. On Saturday, the leop ...Read More >
Chennai, Dec 18 (VOICE) The Tamil Nadu police have ramped up security measures at border check posts with Kerala after reports of medical waste being dumped in a public area at Palavoor, Kadangallur, in Tirunelveli district surfaced.Patrolling has been intensified across various check posts in districts including Kanyakumari, Coimbatore, Gudalur, and Theni. Tirunelveli district police have warned of strict action against those involved in the illegal disposal. Environmental activists allege that large quantities of medical waste are being transported illegally from Kerala and dumped in Tamil ...Read More >
Chennai: The overwhelming victory in the Erode East Assembly by-election and a series of storms in the AIADMK teacup have led to the DMK speculating on the AIADMK general secretary Edappadi K Palaniswami losing his grip over the party, whose cadre, as Law Minister S Regupathy claimed, had already started gravitating towards the DMK. While Regupathy told the media at Anna Arivalayam, the DMK headquarters, on Monday that the four years of good governance provided by the DMK had led to the people supporting the party which was reflected in the 1,50,709 votes that it garnered in the just conclude ...Read More >
Chennai (Tamil Nadu) [India], June 9(ANI): Responding to Union Home Minister Amit Shah's speech in Tamil Nadu's Madurai, DMK leader TKS Elangovan claimed that the BJP is the 'main enemy' of the people of Tamil Nadu and will 'never accept' them. 'People of Tamil Nadu will never accept the BJP into the state because the BJP is their main enemy. They know the BJP is trying to kill development in Tamil Nadu. They (BJP) want to spoil the education system, which is number one in the country. In every area, the BJP government stands against the people of Tamil Nadu,' Elanvogan told ANI a day earlier ...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 >
Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastrinagar. Dr Lad said he's seen at least three children admitted for dengue this week, with all of the ...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 >