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: Commerce and industry minister Piyush Goyal has urged Indian Missions abroad to help address trade barriers faced by Indian exporters in their respective countries. While addressing Heads of the Commercial Wings posted in 74 Indian Missions abroad across 61 countries on July 16, he called for trade intelligence gathering, including updates on market trends, sectoral developments, and regulatory frameworks to boost India's exports. India's goods exports were 0.05% down on-year in June
New Delhi: Commerce and industry minister Piyush Goyal on Thursday urged Indian missions to ensure sharper trade intelligence, stronger global partnerships, and a coordinated push to boost India's exports and investment flows. He was interacting with Heads of Commercial Wings in 74 Indian Missions across 61 countries, the commerce ministry said in a statement. In a virtual interaction, Goyal reviewed trade promotion efforts and challenges in key markets, urging diplomats to act as the frontline of India's commercial diplomacy. Read more: As India and US gear up for trade deal, New Delhi see ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the report, e-commerce also rose significantly, led by increased shopper penetration and spending, especia ...Read More >
New Delhi, Sep 12 (PTI) India and the European Union (EU) are now maximising their efforts to finalise negotiations for a proposed free trade agreement by the end of this year, with both sides stressing their commitment to a comprehensive and balanced pact to benefit businesses and consumers. The official team of India and the EU are engaged in the 13th round (September 8-12) of negotiations for the agreement here. EU Trade Commissioner Maros Sefcovic and the European Commission's Agriculture Commissioner Christophe Hansen are here to review the progress of talks with Commerce and Industry M ...Read More >
New Delhi [India], June 27 (ANI): Union Minister for Commerce and Industry Piyush Goyal held a stakeholder consultation meeting with representatives from the MSME sector to discuss the implementation of Quality Control Orders (QCOs). The meeting focused on making the standard-setting process more inclusive, collaborative, and easier for small businesses to comply with. In a social media post, the Minister shared that he appreciated the valuable feedback received from the MSME stakeholders. He stated, 'Held a stakeholder consultation meeting with the MSME sector to discuss the implementation ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite MI's dominant chase of 220. KKR seemed in control after posting a commanding 220/4, but the script ...Read More >
Rahman, a veteran UN diplomat who served as NSA in the interim government led by Muhammad Yunus, will be the first minister to visit India since the Bangladesh Nationalist Party (BNP) swept the general election in February. His delegation includes Humayun Kabir, foreign affairs adviser to the PM and one of the most influential members of Prime Minister Tarique Rahman's inner circle. Doval has played a key behind-the-scenes role in ties with Bangladesh in recent years, and his meeting with Rahman ...Read More >
Monaco, June 8 (SocialNews.XYZ) Norway's Minister of International Development, Asmund Grover Aukrust, at a meeting with India's Minister for Earth Sciences Dr Jitendra Singh on board the historic ship "Statsraad Lehmkuhl" in Monaco, conveyed his country's solidarity with India, in the light of the happenings in Jammu & Kashmir in recent weeks. Dr Jitendra Singh acknowledged Norway's support, in response to which Aukrust said that they eagerly looked forward to Prime Minister Narendra Modi's visit to Norway. From the Norwegian side, there has been a clear expression of support for India in t ...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 >
NEW DELHI (Reuters) -India and the United States will hold trade talks in New Delhi on Tuesday, weeks after President Donald Trump imposed punitive tariffs on the South Asian nation's exports, slowing its overall shipments to a nine-month low in August. India and the United States will "fast-track" trade talks, Rajesh Agarwal, India's chief negotiator and a special secretary in its commerce ministry, told reporters at an event for the release of trade data, but gave no details. U.S. trade repre ...Read More >
Union Commerce Minister Piyush Goyal on Saturday said that India will enter international trade agreements only if they serve the country's interests. Addressing the media during an event organised by leading industry chamber Assocham here, the minister said if India gets a good trade deal, it will go ahead with it. Goyal said that negotiations with the US are ongoing, adding that trade deals would materialise only if these are in the country's larger interests. "If it doesn't happen, we will n ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >
U.S. Presses India: Cut Russian Oil Imports or Watch Trade Deal Slip Away Washington is making it clear to New Delhi: any path forward on a U.S.-India trade deal runs through Russia's oil fields. In recent talks, U.S. trade negotiators told Indian counterparts that curbing purchases of Russian crude is critical to lowering America's punitive tariffs and unlocking a deal, sources told Reuters on Friday. India is pushing back. Commerce Minister Piyush Goyal called the negotiations "constructive," but New Delhi is making room for strategic wiggle; officials have floated substituting Russian oil ...Read More >
The latest World Economic Outlook (WEO) report suggests that India's domestic strength continues to offset the impact of rising US tariffs and global trade tensions. India's Growth Outlook According to the IMF, the 6.6% forecast reflects strong performance in the first quarter of 2025, which helped neutralise much of the tariff-related impact on exports. However, the figure is 0.2 percentage points lower than the pre-tariff projection made in October 2024. India's economic expansion is expected to outpace China's 4.8% growth, cementing its role as the primary driver of Asia's economic momen ...Read More >
NEW DELHI: In a major push to position India as a global hub for traditional medicine and holistic wellness, the Government of India has launched 'Ayush Nivesh Saarthi', a dedicated investor facilitation portal for the Ayush sector. The digital platform was unveiled on May 29, 2025, during the Ayush Stakeholder and Industry Interaction Meet at Vanijya Bhawan, New Delhi. The portal was jointly launched by Commerce & Industry Minister Piyush Goyal and Ayush Minister Prataprao Jadhav, in the presence of senior government officials and global industry leaders including Ayush Secretary Vaidya Raje ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
NEW DELHI: India and Singapore on Wednesday reviewed bilateral cooperation in key areas such as connectivity, digitalisation, healthcare and skilling and identified new initiatives for collaboration. These matters were discussed at the third meeting of the India-Singapore Ministerial Roundtable (ISMR), a special mechanism created in 2022 to advance cooperation in crucial sectors such as technology, investments and advanced manufacturing. The two sides reviewed the progress on cooperation under ...Read More >
New Delhi: Union Minister Piyush Goyal on Friday, October 24, said India would not be pressured into signing a trade agreement with the United States, saying that the country would not operate under deadlines or external pressure. Speaking at the Berlin Global Dialogue, Goyal said India was open to engagement but would prioritise national interests over speed. India Rejects Deadline-Based Trade Talks "We are talking to the United States, of course, but we don't do deals in a hurry, and we don't do deals with deadlines or with a gun on our head," Goyal said, responding to a question on ongoi ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in Srinagar, and two in Budgam district -- (KNO) ...Read More >
New Delhi, Sep 26 (PTI) India and the US have decided to continue negotiations for early conclusion of a mutually beneficial bilateral trade agreement, the Commerce Ministry said on Friday. The statement was issued after the return of the Indian official delegation led by Commerce and Industry Minister Piyush Goyal to New York for trade talks. The delegation returned on September 24 after holding three-day talks. Both sides held constructive meetings on various aspects of the trade deal, the ministry said in a statement. "Both sides exchanged views on possible contours of the deal, and it ...Read More >
. NEW DELHI: In what could be a pioneering example of the sharing of benefits generated through the use of biological resources with communities, the National Biodiversity Authority (NBA) has sanctioned funds for local people that will be used for the conservation of the endemic plant species Red Sanders in Andhra Pradesh.The sanctioned fund of Rs 82 lakh, provided from the benefit-sharing amount, was collected from users of Red Sanders and is being channelled back to the stakeholders concerned for conservation-related activities. These funds are in addition to the sale proceeds or sale values ...Read More >
New Delhi, Oct 14 (PTI) BJP president J P Nadda on Tuesday met visiting Mongolian President Khurelsukh Ukhnaa and proposed a "deeper political engagement" with the Mongolian People's Party. At the meeting which was part of the ruling party's 'Know BJP' initiative, Nadda, the Union Minister for Health and Family Welfare, also proposed "enhanced collaboration" in the healthcare and pharmaceutical sectors. "Nadda highlighted the Bharatiya Janata Party organisational framework, its vision of inclus ...Read More >
Martin Saladin, Head of Promotion Activities Directorate at State Secretariat for Economic Affairs Martin Saladin, Head of the Promotion Activities Directorate at the State Secretariat for Economic Affairs, SECO, the Swiss government, on Wednesday said that Switzerland is shifting its focus towards India as a strategic economic partner amid the US trade tariffs. On US tariffs, Saladin said, "This is a concern. Obviously, Switzerland has also very high tariffs at the moment with 39 per cent. Tha ...Read More >
Lucknow, Jul 17 (PTI) Uttar Pradesh's capital city has secured the third position in the category of urban spaces with population exceeding 10 lakh, while Prayagraj was adjudged the Cleanest Ganga City in the ninth edition of the Swachh Survekshan. Lucknow also became the first city in the state to achieve a 7-star Garbage Free City rating in the 2024-25 survey. Gorakhpur achieved double success, ranking third in the Safai Mitra Surakshit Sheher category and fourth among cities with a population between 3 to 10 lakh. Agra has been recognised as the Emerging Clean City of Uttar Pradesh, securi ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health department has urged district administrations to issue a public advisory on JE prevention measures and to i ...Read More >
New Delhi [India], October 16 (ANI): Egypt's Foreign Minister Badr Abdelatty arrived in New Delhi on Thursday to participate in the inaugural India-Egypt Strategic Dialogue. The meeting presents an opportunity for both countries to review the progress made in implementing the India-Egypt Strategic Partnership and to exchange views on regional and global issues. Also Read | Donald Trump Reiterates He Helped Avert India-Pakistan War, Says 'Trade and Tariff Key Factors in Strengthening Efforts To Promote Peace Through Economic Leverage'. https://x.com/MEAIndia/status/1978676982700188065 "Warm ...Read More >
PM Modi is in Oman for a 2-day visit marking 70 years of India-Oman ties. The trip's central focus is the Comprehensive Economic Partnership Agreement (CEPA), a trade pact expected to double bilateral trade and boost energy and food security. In the third and final leg of his three-nation visit, Prime Minister Narendra Modi will visit Oman on December 17-18. This trip, which marks 70 years since the establishment of diplomatic ties between India and Oman, focuses on strengthening business and st ...Read More >
The Lok Sabha on Wednesday passed the Jan Vishwas (Amendment of Provisions) Bill 2026, which amends 80 Central Acts to decriminalise offences and replace them with graded civil penalties, by a voice vote. The Bill was introduced in the Lok Sabha on March 27. During the debate, Opposition members questioned the move to convert criminal liability into a penalty, which makes it "easy" for corporations to get away with a fine. They added if the Bill is passed, it would take away the work of the cour ...Read More >
India and the US are currently engaged in negotiations for a bilateral trade agreement (BTA), aiming for a swift and mutually advantageous initial phase. Discussions focus on enhancing market access by lowering tariffs and trade barriers, alongside strengthening supply chain integration.The proposed trade agreement between India and the US would provide greater market access for goods by reducing tariffs, cutting trade barriers, and improving supply chain integration, an official said on Friday. ...Read More >
EAM Jaishankar thanks Armenia for helping evacuate Indians from Iran via Armenian territory, part of wider efforts that have already brought over 550 Indians home. External Affairs Minister S Jaishankar on Saturday expressed gratitude to the government of Armenia and its Foreign Affairs Minister Ararat Mirzoyan for facilitating the evacuation of Indian fishermen from Iran via Armenian territory. The External Affairs Minister didn't specify the number of fishermen evacuated from the conflict-str ...Read More >
New Delhi, Aug 6 (PTI) India and the Philippines are taking concrete steps towards launching formal negotiations for a Preferential Trade Agreement, Philippines President Ferdinand Romualdez Marcos Jr said on Wednesday. Addressing the 'India-Philippines CEO Roundtable Meeting', organised by FICCI, here, President Marcos emphasised that the Philippines and India see the PTA as a strategic platform to harness their shared strengths and elevate our economic partnership. "We are working to find common ground to make the PTA come as quickly as possible. We have found ways to quicken the process w ...Read More >