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: Kerala recorded the highest retail inflation rate among states and Union territories in June, while Telangana had the lowest rate, the latest inflation data showed. Kerala's inflation rate was 6.7 per cent during June and it has been recording high inflation rates for some time. Punjab was second on the list of high inflation rates at 4.7 per cent, followed by Jammu & Kashmir at 4.4 per cent.Telangana recorded an inflation rate of -0.9 per cent, followed by Andhra Pradesh with no change and Odisha at 0.5 per cent. Of the 22 states and Union territories for which the data was published, 12 states recorded inflation rates below the overall headline inflation rate of 2.1 per cent."State-wise inflation data now reveal a statistically significant trend of convergence. Specifically, states with higher rates of inflation are now converging faster towards the national average. Apart from many other reasons, we believe one of the big long-term structural benefits of GST implementation has been a gradual reduction in the cascading impact of prices across states. This could be one of the reasons for the gradual convergence in state-wise inflation prints over time," said Soumya Kanti Ghosh, group chief economic adviser at SBI.
Srinagar, Nov 27 (UNI) Jammu and Kashmir's Road Transport Corporation (RTC), a crucial backbone of public transportation, has raised serious concerns over the barring of its buses from entering Srinagar city limits. The move has triggered alarm within the Corporation, with officials cautioning about significant disruptions to public transport services and daily commutes, alongside substantial financial losses for the RTC. The restriction, in effect since November 4 when the maiden session of the Assembly commenced, is causing a daily revenue loss of Rs. 4 lakh to the Corporation. In a lette ...Read More >
Srinagar: The Centre on Tuesday announced new reservation and domicile policies for Ladakh, reserving 85% jobs for locals and one-third of the total number of seats in the Ladakh Autonomous Hill Development Councils for women. Both Kargil Democratic Alliance (KBL) and Apex Body Leh (ABL), which are fighting for implementation of the Sixth Schedule of the Constitution in the Union Territory (UT), statehood, a separate public service commission and two Lok Sabha seats for Ladakh, welcomed the noti ...Read More >
Gajendra Singh emphasised the urgency of moving forward and reviving tourism in Kashmir (File) In a major push to revive tourism in Jammu and Kashmir, a two-day conference of top tourism officials from across the country has begun in Srinagar. The tourism sector in Kashmir was severely impacted after the Pahalgam attack on April 22 in which 26 civilians, including 25 tourists, were killed by terrorists. In a first-of-its-kind substantial conclave in Srinagar, discussions will focus on tourism p ...Read More >
Leh, Sep 24 (SocialNews.XYZ) Clashes erupted on Wednesday between protesting youths and the police here as protestors called for hastening of talks between the Centre and the representatives of Ladakh region, pertaining to the demand for inclusion in the 6th Schedule, statehood and protecting the fragile ecosystem of the region. Wednesday's protests followed deterioration in the condition of two of the 15 people sitting on a hunger strike, who were admitted to hospital even as climate activist Sonam Wangchuk decided to break his fast and appealed for peaceful talks. Wangchuk, who had been fa ...Read More >
NEW DELHI: The Bharatiya Janata Party (BJP) office in Leh was set on fire on Wednesday (Sept 24) as protests in support of demand for statehood for Ladakh turned violent. A massive cloud of smoke could be seen rising from the BJP office as people shouted slogans in support of their demand for statehood. During the protests, people clashed with police personnel who resorted to the firing of teargas shells and deployed baton charge to disperse the crowd. The police action followed after a group of youth threw stones amid the huge protest and shutdown. The people of Ladakh have been demanding ...Read More >
The Leh region - where the violence broke out - is sandwiched between India, China and Pakistan. It is dominated by the Buddhist community, who for decades have demanded a separate region for its people. Meanwhile, the Muslim-majority Kargil district wants to be integrated with Indian-administered Kashmir. Since 2019, both communities have joined together in demanding the restoration of statehood, along with greater autonomy which would give them job quotas. It's not clear what sparked Wednesda ...Read More >
SRINAGAR: The Lieutenant Governor of Jammu & Kashmir has accorded sanction for the establishment of the Lieutenant Governor's Sainik Sahayta Kendra (LGSSK), a dedicated institutional mechanism to assist and address civilian grievances of serving soldiers from the Indian Armed Forces and Central Armed Police Forces. The Kendra, constituted under Government Order No. 933-JK(GAD) of 2025 dated July 17, 2025, aims to provide systematic grievance redressal support to soldiers who are either posted in the Union Territory of Jammu & Kashmir or originally belong to the UT and are presently serving in ...Read More >
Srinagar, Sep 15 (SocialNews.XYZ) J&K Chief Minister Omar Abdullah on Monday said that if the Central government cannot maintain the Jammu-Srinagar national highway, it should hand over its maintenance to the UT government. "Enough is enough", a disgruntled Abdullah told reporters here, expressing his concern over the continuing blockage of this highway that has resulted in the loss of crores of rupees to apple growers & traders in the Kashmir Valley due to rotting of the loaded fruit in trucks stranded for days without finding passage to carry the goods outside. The Jammu-Srinagar highway i ...Read More >
Katra: Mixing humour with political resolve, Chief Minister Omar Abdullah on Friday used the flagging-off ceremony of the first train to Kashmir by Prime Minister Narendra Modi in Katra to subtly but clearly articulate his government's demand for the restoration of statehood to Jammu and Kashmir. Recalling the opening of the Katra Railway Station -- the last programme of his first government in 2014 -- Abdullah pointed to a "coincidence" that four people present at the event on Friday were also on stage that day. Humorously pointing out the differing career trajectories of the persons involve ...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 >
Senior BJP leader and former deputy chief minister of Jammu and Kashmir Kavinder Gupta was sworn in as the new lieutenant governor (LG) of Ladakh on Friday, four days after President Droupadi Murmu appointed him to the post. Soon after the oath ceremony, Gupta expressed his desire to rebuild Ladakh and make it a global tourism destination. "I have been appointed here to the post of lieutenant governor. I want to assure the people of Ladakh that rising above religion, caste, and party politics, ...Read More >
The BJP office in Leh was set on fire during the violent clashes on Wednesday. Violent clashes broke out in Leh on Wednesday between demonstrators and police during a protest organized by the Leh Apex Body (LAB), alleging the Union government's and the administration's failure to acknowledge their demands. According to News18, the LAB youth wing had given a call for a protest and shutdown after two of the 15 people, who were on a 35-day hunger strike since September 10, were shifted to a hospit ...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: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
Lieutenant Governor Manoj Sinha took responsibility for the Pahalgam attack, calling it a Pakistan-sponsored act to disrupt Kashmir's economy and incite communal discord. While acknowledging the security lapse, he highlighted the decline in local militant recruitment and emphasized the government's commitment to countering terrorism. Sinha noted the temporary setback to tourism but assured a phased reopening with enhanced security measures. Jammu and Kashmir Lieutenant Governor Manoj Sinha has a ...Read More >
JAMMU, July 19: Strongly condemning use of police force to prevent the Congress march in Srinagar today, senior leaders of the party have announced to take out a similar march in Jammu on Sunday for restoration of Statehood to J&K. Click here to watch video Talking to media persons at the party headquarters, here today, Congress leaders alleged that police forcibly prevented the protestors inside the gate of the Congress HQ in Srinagar leading to scuffle in which the PCC president Tariq Hameed Karra and others received minor injuries. "We strongly condemn the action of the administration an ...Read More >
JAMMU: PDP president Mehbooba Mufti on Saturday favoured revival of sporting ties between India and Pakistan to normalise the tense situation in the aftermath of the recent events including the Pahalgam terror attack and the Operation Sindoor. She said the war clouds hanging over the region are not in favour of the country which is grappling with unemployment and poverty. "There should be sporting events (between India and Pakistan) if you want to live in peace and not spend money on the war. If ...Read More >
NEW DELHI: The Supreme Court on Thursday sought a response from the Centre on a plea seeking the restoration of statehood to Jammu and Kashmir. A bench comprising Chief Justice of India (CJI) B R Gavai and Justice K Vinod Chandran also took note of the submissions of Solicitor General Tushar Mehta, appearing for the Centre, that there were "several considerations which go into the decision-making process". It listed the plea, filed by academician Zahoor Ahmad Bhat and socio-political activist Ahmad Malik, for hearing after eight weeks. "You cannot ignore what happened in Pahalgam. It is for ...Read More >
New Delhi, Aug 14 (PTI) The Supreme Court on Thursday sought a response from the Centre on a plea seeking the restoration of statehood to Jammu and Kashmir. A bench comprising Chief Justice of India (CJI) B R Gavai and Justice K Vinod Chandran also took note of the submissions of Solicitor General Tushar Mehta, appearing for the Centre, that there were "several considerations which go into the decision-making process". It listed the plea, filed by academician Zahoor Ahmad Bhat and socio-political activist Ahmad Malik, for hearing after eight weeks. "You cannot ignore what happened in Pahalg ...Read More >
SRINAGAR: The Ghulam Nabi Azad-led Democratic Progressive Azad Party (DPAP), launched in 2022, suffered a major setback as its last two prominent faces returned to the Congress fold on Friday. With this, the former J&K chief minister's ambitious plan to provide an alternative political force in the UT now seems like a closed chapter.In the past few months, Azad himself has not shown any interest in reviving his party as he has not held any meeting.Former ministers Taj Mohiuddin and Ghulam Nabi Sa ...Read More >
Thiruvananthapuram (Kerala) [India], July 9 (ANI): Following the violent protest at Kerala University, a case has been registered against 27 activists of the ruling CPM's Students Federation of India (SFI), including its state secretary P S Sanjeev, who has been named the prime accused, police said. The case also names 1,000 identifiable protesters who have been accused of damaging public property, forcibly entering the university campus, and assaulting police and university staff, police said on Tuesday. Also Read | Nobel Peace Prize 2025: From Mahatma Gandhi to Jawaharlal Nehru, Check Full ...Read More >
Srinagar- The Srinagar district administration on Saturday rejected a request by the ruling National Conference seeking permission to visit the Martyrs' Graveyard at Naqshband Sahib in old Srinagar to pay homage on July 13, observed by the party in remembrance of the 1931 killings. In its application to the district magistrate, the party had stated that NC president Farooq Abdullah and other senior leaders intended to visit the graveyard to offer tributes to the 22 people who were killed during protests against the rule of the Dogra Maharaja, Hari Singh, on July 13, 1931. However, the distri ...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: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...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 >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >
Jammu, Jul 18 (PTI) Senior officials of the Jammu and Kashmir government reviewed the arrangements for the smooth conduct of the 13-day-long Budha Amarnath pilgrimage in Poonch district that will begin on July 28. Deputy Inspector General of Police Tejinder Singh reviewed security in Poonch and stressed ensuring the safety of the devotees. "The first batch will depart from the Bhagwati Nagar basecamp in Jammu on July 28, moving towards the Mandi tehsil in Poonch in a regulated convoy amid full security arrangements," a spokesperson said. Jammu Divisional Commissioner Ramesh Kumar and Inspec ...Read More >
)
The INDIA bloc -- an alliance of 24 opposition parties -- has decided to take on the government over a range of key issues during the Monsoon Session of Parliament starting July 21. Top on their agenda are the lack of accountability for the Pahalgam terror attack, US President Donald Trump's repeated claims of mediating a ceasefire between India and Pakistan, and the controversial revision of electoral rolls in Bihar, which the bloc alleges threatens voting rights. In a virtual meeting ahead of the session, opposition leaders discussed eight major issues they plan to highlight in Parliament. ...Read More >
Gross Goods and Services Tax (GST) collections rose 7.5 per cent year-on-year to Rs 1.96 lakh crore in July (for sales in June), data released by the government on Friday showed. Even though the pace of growth in gross GST collections picked up to 7.5 per cent in July from 6.2 per cent, this is the second consecutive month wherein the growth rate has been in single digits and much lower after posting double-digit growth in the first two months of the ongoing financial year. ARTICLE CONTINUES BELOW VIDEO Net GST collections, after accounting for refunds, took a hit by growing by just 1.7 per ...Read More >
The National Investigation Agency (NIA) conducted searches at 32 locations across Jammu and Kashmir, targeting a terror conspiracy orchestrated by Pakistan-based outfits. These raids focused on residential premises of hybrid terrorists and overground workers linked to groups like TRF and others affiliated with LeT and JeM. The National Investigation Agency (NIA) carried out searches at 32 locations across Jammu and Kashmir on Thursday to probe a conspiracy hatched by Pakistan-based terror outfit ...Read More >