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 15 (SocialNews.XYZ) India's total exports of merchandise and services for June 2025 touched $67.98 billion, registering a growth of 6.5 per cent compared with the corresponding figure for the same month of the previous year, according to data released by the Ministry of Commerce and Industry on Tuesday. Total imports of merchandise and services combined went up by 0.5 per cent to $71.50 billion during the month compared with June 2024. India's total exports during the April-June quarter of 2025 are estimated at $210.31 billion registering a positive growth of 5.94 per cent compared to the same period of the previous year while total imports during the quarter grew 4.38 per cent to $230.62 billion. The country's merchandise exports during June 2025 were estimated at $35.14 billion as compared to $35.16 billion in June 2024. Major drivers of merchandise exports growth in June include electronic goods, drugs & pharmaceuticals, engineering goods, marine products and meat, dairy and poultry products. Electronic goods exports jumped by 46.93 per cent from $ 2.82 billion in June last year to $4.15 billion in June 2025. Drugs and pharmaceuticals exports increased by 5.95 per cent from $2.47 billion to $2.62 billion during the month while engineering goods exports increased by 1.35 per cent from $9.38 billion in June last year to $9.50 billion in June 2025. Marine Products exports rose by 13.33 per cent from $0.56 billion to $0.63 billion during the month while meat, dairy and poultry products exports recorded a 19.7 per cent rise from 0.31 billion to $0.37 billion in June 2025. The figures also show that the cumulative exports (merchandise & services) during April-June quarter of 2025 recorded a growth of 5.94 per cent at $210.31 billion, compared to $198.52 billion in the same quarter of the previous year. The cumulative value of merchandise exports during April-June 2025 was $112.17 billion, as compared to $110.06in the same period last year, registered a growth of 1.92 per cent. India's top 5 export destinations, in terms growth in June 2025 vis a vis June 2024 are the US (23.53 per cent), China (17.18 per cent), Kenya (76.2 per cent), France (21.78 per cent) and Brazil (23.02 per cent), according to the official statement. The top 5 export destinations exhibiting positive growth in April-June quarter 2025 vis a vis the same quarter of the previous year are US (22.18 per cent), China (17.87 per cent), Kenya (69.83 per cent), Germany (10.79 per cent) and Australia (14.01 per cent).
Dantewada (Chhattisgarh) [India] July 15 (ANI): The tribal-dominated Dantewada district is all set to make its footprint visible in the high-octane sport of Thai Kick Boxing, as young athletes here have clinched medals in international as well as national events. With the support of the Chhattisgarh Government, the youth of Dantewada are sharpening their skills and preparing for Thai Kick Boxing events to be held in the country and overseas. As Dantewada moves on the path to becoming a hub for producing Thai Kick Boxers, the district is also ready to shed its infamous identity that emerged du ...Read More >
New Delhi [India], July 4 (ANI): In a significant milestone for India's animal health system and international trade facilitation, the country has established and secured global recognition for its first Equine Disease-Free Compartment (EDFC). Recognised by the World Organisation for Animal Health (WOAH) on July 3, this approved facility at the Remount Veterinary Corps (RVC) Centre and College, Meerut Cantonment, Uttar Pradesh, marks a major step towards enabling the international movement of Indian sport horses in compliance with global biosecurity and animal health standards. According to ...Read More >
This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories. New Delhi: The debate on laboratory-grown meat, dairy, and egg products may soon be settled, with the issue reaching India's apex food regulator, three people aware of the development said. The development comes in the backdrop of concerns about public health, food security and ecological sustainability. While the Food Safety and Standards Authority of India (FSSAI) has put in place a regulatory framework for plant-based protein products, manufacturers and sellers of fermentation-derived and cultivated protein ...Read More >
New Delhi, Jul 15 (PTI) The Indian economy is expected to grow at 6.5 per cent in the current financial year, despite geo-political tensions and trade policy uncertainties, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Tuesday. In an interview with PTI, Dev further said that domestic growth will be driven by low inflation, resulting from good monsoon and benign interest rate regime, triggered by three back-to-back rate cuts by the Reserve Bank of India. "There are significant global headwinds like the twin shocks of geo-political tensions and trade ...Read More >
New Delhi: India's total exports of merchandise and services for June 2025 touched $67.98 billion, registering a growth of 6.5 per cent compared with the corresponding figure for the same month of the previous year, according to data released by the Ministry of Commerce and Industry on Tuesday. Total imports of merchandise and services combined went up by 0.5 per cent to $71.50 billion during the month compared with June 2024. India's total exports during the April-June quarter of 2025 are estimated at $210.31 billion registering a positive growth of 5.94 per cent compared to the same period ...Read More >
Chandigarh: Officials of Municipal Corporation Chandigarh have revealed that the top 20 property tax defaulters of the city are yet to clear dues of over Rs 190 crore, while property tax arrear cases worth Rs 62 crore are under litigation in the Punjab and Haryana high court. Citing different reasons, occupants of seven properties, out of the top 20, have challenged the MC's arrears amount, following which the authority failed to recover the amount from them. All these properties fall under the commercial category. As per official data of the Municipal Corporation, Chandigarh, commercial prope ...Read More >
New Delhi: Delhi govt has prepared a plan under which Delhi Transport Corporation (DTC) bus drivers and conductors will receive regular training, with a focus on ethical values, customer service and safe driving, transport minister Pankaj Singh said on Friday. The move is for improving the public image of DTC buses.The minister mentioned that DTC bus drivers who fail to halt at designated stops or are found speeding will face strict departmental action.Several commuters have complained about the behaviour of DTC bus drivers. There have alleged that the buses often fail to stop at the designate ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
New Delhi: With just 48 hours left for 90-day pause on US reciprocal tariffs to end, the much-anticipated bilateral trade agreement (BTA) between India and the US has reached a critical stage. According to two officials in the Indian commerce ministry and one in Washington, the agreement is unlikely to be finalized without direct political intervention to resolve some of the remaining sticky issues. "It's down to the wire. Unless there's political direction, the deal may not go through in time," said the first of the two Indian representatives cited above. "If all goes well, the deal will b ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
The US is reportedly working towards an interim trade deal with India, potentially setting tariffs below 20%, a favorable position compared to other Asian nations. This arrangement allows for continued negotiations, aiming to resolve outstanding issues before a broader agreement expected this fall. The US is working toward an interim trade deal with India that may reduce its proposed tariffs to below 20%, people familiar with the matter said, putting the South Asian nation in a favorable positio ...Read More >
New Delhi, Aug 1 (PTI) Commerce and Industry Minister Piyush Goyal will hold meetings with exporters from different sectors, including food processing, textiles, engineering, and chemicals, from August 2-4 in Mumbai to discuss the implications of 25 per cent tariff announced by the US, an industry official said on Friday. The official added that exporters from segments such as fisheries, engineering, IT, and pharma will also participate in the deliberations. Leather sector exporters are expected to meet the minister on August 4 here. The US on Friday slapped a 25 per cent tariff on India, p ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...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 >
MUMBAI, Aug 3 -- US President Donald Trump on Thursday slapped a 25 per cent tariff on Indian goods after prolonged talks that got bogged down over access to India's labour-intensive agricultural sector, which New Delhi has pledged to protect. Why is India opposing the products the US is lobbying for? The United States is pressing India to open its markets to a wide range of American products, including dairy, poultry, corn, soybeans, rice, wheat, ethanol, fruits and nuts. While India is willing to provide greater access for US dry fruits and apples, it is holding back on corn, soybeans, whe ...Read More >
New Delhi: The clock is ticking. Only a few days left before the July 9 deadline set by U.S. President Donald Trump. Hopes of a limited trade deal between India and the United States still linger. But the mood around the negotiating table feels anything but settled. The White House has publicly hinted that the deal is all but done. In New Delhi, officials have echoed a similar sentiment, calling the potential agreement "big, good and beautiful". Trump claimed it would open Indian markets to American goods. But behind closed doors, things remain tangled in tough back-and-forth. Key concerns h ...Read More >
New Delhi [India], July 4 (ANI): In a significant milestone for India's animal health system and international trade facilitation, the country has established and secured global recognition for its first Equine Disease-Free Compartment (EDFC). Recognised by the World Organisation for Animal Health (WOAH) on July 3, this approved facility at the Remount Veterinary Corps (RVC) Centre and College, Meerut Cantonment, Uttar Pradesh, marks a major step towards enabling the international movement of Indian sport horses in compliance with global biosecurity and animal health standards. According to ...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 >
New Delhi, Dec 12 (IANS) India's Index of Industrial Production (IIP) recorded a year-on-year growth of 3.5 per cent in October, up from 3.1 per cent in September this year, according to the data released by the Ministry of Statistics on Thursday.The industrial growth rate of the manufacturing sector, which accounts for more than three-fourths of the index of industrial production (IIP), recorded a growth of 4.1 per cent in October. The sector plays a key role in providing quality jobs to the young graduates passing out from the country's engineering institutes and universities. Within the m ...Read More >
New Delhi, Jul 1 (PTI) Hectic negotiations between India and the US enter the sixth day on Tuesday in Washington, with the talks reaching a crucial stage and New Delhi demanding greater market access for its labour-intensive goods, an official said. The Indian team, headed by special secretary in the Department of Commerce Rajesh Agrawal, is in Washington for negotiations on an interim trade agreement with the US. The stay of the Indian officials has been extended. Initially, the delegation was scheduled to stay for two days, with the talks having commenced on June 26. These talks are also ...Read More >
RAIPUR: An engineer and her sister have been arrested for allegedly cheating in the Chhattisgarh VYAPAM Sub-Engineer recruitment exam in Bilaspur on Sunday, police said. Electronic devices including a hidden camera, miniature earbuds and a walkie-talkie set that were used to transmit images of the question paper and receive answers, have been seized from the two sisters identified by the police as Annu Surya, who had an engineering degree from the state's Korea district, and her sister Anuradha Surya. The case came to light after members of the Congress's students wing, National Students' Un ...Read More >
New Delhi: India's goods exports in June fell a tad from a year earlier, but a sharper drop in imports aided the trade deficit to narrow to a four-month low. Exports reduced 0.05% year-on-year to $35.14 billion, a seven month low, while imports fell 3.71% to $53.92 billion, leaving a trade deficit of $18.78 billion compared with $20.84 billion in June last year. Exports to the US in the past month rose sharply to $25.52 billion from $20.89 billion, despite the base tariff on Indian goods shippe ...Read More >
Haryana State Board of Technical Education (HSBTE) has officially declared the results for the May-June 2025 semester examinations. Students who appeared for the diploma and polytechnic exams can now check their results on the official website. HSBTE May-June Exam Result 2025: Haryana State Board of Technical Education (HSBTE) has officially declared the results for the May-June 2025 semester examinations. Students who appeared for the diploma and polytechnic exams can now check their results on the official HSBTE website at hsbte.org.in. This announcement has brought relief and excitement to ...Read More >
India and the EU are set to continue FTA negotiations in September, following the 12th round in Brussels where both sides exchanged offers on services. Discussions also covered market access for goods. Aiming to finalize the trade deal by year-end, the EU seeks duty cuts in automobiles and a strong IP regime, while India anticipates enhanced competitiveness for its exports. India and the European Union (EU) will hold the next round of negotiations on the proposed free trade agreement (FTA) in Se ...Read More >
New Delhi [India], July 16 (ANI): India's goods trade deficit is projected to widen to USD 300 billion in FY26, up from USD 287 billion in FY25, as weak global demand weighs on exports while resilient domestic consumption is expected to fuel higher imports, as anticipated by ICICI Bank Global Markets in its latest report. The report attributes the sluggish growth in merchandise exports largely to tepid demand from non-US markets. While shipments to the US have held up due to the front-loading of trade, exports to other key geographies have failed to gain momentum. Also Read | China Shocker: ...Read More >
Mumbai, June 8 (SocialNews.XYZ) On her milestone 50th birthday, Shilpa Shetty took a heartfelt moment to reflect on her incredible journey and the defining stories that have shaped her both personally and professionally. Celebrating decades of success and growth, she shared insights into the experiences that made her the strong and inspiring woman she is today. Taking to Instagram, she posted a video of her transformation over the years and wrote, "Grateful for my journey and the stories that made me and the ones still on my way. Thank you for all your love and wishes Instafam. #Gratitude #lo ...Read More >
New Delhi: India's merchandise trade deficit narrowed to $18.78 billion in June from $21.88 billion in May amid a shift in export and import activity, provisional data released by the Ministry of Commerce and Industry showed on Tuesday. Merchandise exports fell to $35.14 billion in June, compared with $38.73 billion in the previous month. Imports declined to $53.92 billion, down from $60.61 billion in May. In absolute terms, India had exported $35.20 billion worth of goods in June 2024, while imports totalled $56.18 billion, resulting in a trade gap of $21 billion. Total exports of merchand ...Read More >
New Delhi [India], July 4 (ANI): India needs to urgently take steps to reduce its growing dependence on Chinese imports, according to a recent report by the Global Trade Research Initiative (GTRI). The report recommends reverse-engineering of low- to mid-tech imports, stronger domestic production incentives, and long-term investment in deep-tech manufacturing to strengthen India's economic resilience. It also added that the need for this shift has become even more critical as geopolitical tensions with China rise. GTRI said 'India must nurture firms that can design and fabricate advanced co ...Read More >
Dairy officials tout 'great day for "Maha"' as Trump officials claim deal leads to healthier options, especially for children In what Trump administration officials dubbed a "major announcement", health and agriculture department leaders said the US dairy industry agreed to voluntarily remove synthetic dyes from ice-cream. The announcement continues the Trump administration's pattern of voluntary agreements with industry - from health insurers to snack food makers. "This is relevant to my favo ...Read More >
NEW DELHI, Jul 16 (NNN-PTI) - India's cumulative exports (merchandise and services) during Apr-Jun, this year, were estimated at 210.31 billion U.S. dollars, a growth of 5.94 percent, year on year, showed the official data released by the federal Ministry of Commerce and Industry, yesterday. According to it, the cumulative value of merchandise exports during Apr-Jun was 112.17 billion dollars, growing 1.92 percent, year on year. During the said period, the non-petroleum exports, valued at 94.77 billion dollars, increased by 5.97 percent, as compared to last year. In a statement, the federal ...Read More >