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.
JAMMU, July 17: Chief Minister Omar Abdullah today reviewed the ongoing restoration and development of the historic Mubarak Mandi Complex here. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi, the Chief Minister visited the site and received a detailed briefing on the multi-phase project aimed at reviving the architectural grandeur of the former Dogra royal palace. Principal Secretary Culture, Brij Mohan Sharma, provided an overview of the project's implementation, while Executive Director of the Mubarak Mandi Heritage Society, Deepika Sharma, gave a presentation outlining its various components. The briefing gave details of how each zone will depict a distinct cultural theme. Under the Jammu Smart City Mission, some innovative initiatives such as a library-cum-café in the complex would be available for the public within a historic setting. Key infrastructure proposals, including a span bridge and lift installations, were also discussed to improve accessibility and to augment visitors' experience. Officers informed the Chief Minister that most structures are recoverable and are being systematically restored to their original splendour. Chief Minister Omar Abdullah emphasised key priorities for the project's vision. He said the central courtyard area should be developed as a priority for public attraction and must look welcoming for visitors, highlighting the need for an entrance reflecting its true heritage character. He urged the timely completion of ongoing works, stating that pending projects must be completed as early as possible to give meaningful purpose to the project. In a call for cultural revival, he added that Dogra crafts must be promoted through events and planned activities in the complex. During the interaction, the Chief Minister also reviewed operational challenges and future requirements to ensure the project addresses both immediate restoration goals and long-term sustainability. Senior officers, including the Joint Commissioner JMC (also Additional CEO Jammu Smart City), Subah Mehta, Superintending Engineer Public Works Department Ashwani Kangotra and others concerned, were also present. Meanwhile, several deputations and individuals called on Chief Minister at the Public Outreach Office, Raabita, here and apprised him of various issues, grievances and sector-specific demands. Kavita Shirvaikar, Managing Director of Patel Engineering Ltd., along Deputy General Manager and Project In-charge of the Parnai Hydro Electric Project, discussed key issues pertaining to the implementation and progress of the hydroelectric project in Jammu and Kashmir. Sanjay Aggarwal, Chairperson of the Federation of Automobile Dealers Association (FADA), Jammu, led a delegation conveyed sector-specific recommendations aimed at strengthening the automobile industry in the region. In recognition of outstanding sports achievements, Satwik Luthra, who secured silver medals in both the Khelo India Games held in Patna (May 2025) and the National Games in Himachal Pradesh (December 2024), was warmly acknowledged for bringing laurels to Jammu and Kashmir in the field of weightlifting. Dr. Harpreet Singh, Principal of Jammu Sanskriti School, met the Chief Minister to felicitate the Children with Special Needs (CWSN) achievers who excelled in Volleyball and Badminton at the Special Olympics Bharat's National Unified Sports Meet held at IIT Gandhinagar. Rakesh Sharma, President, Confederation of Industries & Commerce J&K, and Member of the National Council of CPI, called on the Chief Minister along with other representatives to raise pressing issues being faced by entrepreneurs and the industrial sector in the region. Dr. Surinder Kumar Atri, Principal of Government Medical College, Kathua, apprised the Chief Minister about various academic and infrastructural challenges at the college and sought Government intervention for redressal. Kamal Gupta, Chairman of the J&K Private School Association, along with senior representatives, discussed challenges confronting unaided private schools and emphasized the need for policy support to sustain quality education. A delegation of Pashmina Goat Project, met the Chief Minister to discuss further developmental opportunities under the initiative. A delegation of Xtreme Adventures briefed the Chief Minister on the potential and revival strategies for adventure tourism in Jammu region, stressing its role in employment generation and youth engagement. A group of NSS Volunteers who represented Jammu and Kashmir at the prestigious NSS Republic Day Parade Camp in New Delhi on the occasion of the 76th Republic Day also called on the Chief Minister to share their experiences and achievements. Former Minister Ajay Sadhotra also met the Chief Minister and held a brief interaction.
IMPHAL, Nov 17: The NPP on Sunday withdrew support from the BJP-led Government in Manipur, even as violence continued to rock the state as offices of the Congress and the saffron party were ransacked in the hill district of Jiribam where an unidentified body was found earlier in the day, officials said. Follow the Daily Excelsior channel on WhatsApp A BJP MLA's ancestral house was vandalised in Imphal Valley while a building owned by Ashab Uddin, the Independent legislator of Jiribam, was ransacked, officials said. The incidents occurred a day after irate mobs set fire to the residences of ...Read More >
New Delhi [India], December 2: The IVCA GreenReturns Summit 2024 commenced today in New Delhi, convening over 400 visionaries, investors, policymakers, and entrepreneurs to chart a transformative path for India's green economy. The Summit is dedicated to aligning India's climate goals with its trillion-dollar economic aspirations for a 'Viksit Bharat,' spotlighting high-impact investment opportunities, addressing funding gaps, and driving actionable solutions for net-zero and climate adaptation. Also Read | Mamata Banerjee Says West Bengal Yet To Get INR 14,000 Crore From Centre for Supply of ...Read More >
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 >
Ahmedabad (Gujarat) [India], December 2 (ANI): Ambuja Cements has taken a step toward achieving its Net Zero goals. The company has partnered with Finland-based technology leader Coolbrook to implement its proprietary RotoDynamic Heater (RDH) technology. According to the exchange filing, this cutting-edge, zero-carbon heating solution, powered by renewable electricity, will drastically reduce the company's dependence on fossil fuels and lower its carbon emissions, aligning with its sustainability vision. Ambuja Cements will significantly reduce its fossil fuel dependence by harnessing renewa ...Read More >
Bengaluru, 4th December 2024- PURE EV, one of India's leading electric two-wheeler manufacturers, has unveiled an ambitious roadmap to strengthen its presence nationwide and expand globally while introducing innovative solutions for sustainable mobility. Over the next 30 months, the company aims to add 250 new dealerships, taking its total network to over 320 across India. The expansion will be driven by the growing demand for long-range scooters, electric motorcycles, large B2B contracts, and the company's entry into the house-hold brand space. Dr. Nishanth Dongari, Founder & MD of PURE EV, ...Read More >
BJP member Manas Dutta blamed the previous BJD government and held it responsible for not extending their service agreement which ended in April, 2024. As hundreds of women working as support staff under the Mission Shakti department staged a demonstration outside the Assembly over different issues, the opposition BJD on Monday demanded immediate release of their salaries. While the agitating women were shouting slogans at the Mahatma Gandhi Road leading to the Assembly, the issue was raised in ...Read More >
In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...Read More >
Lakhimpur Kheri, December 3: Talent knows no boundaries. A testament to this is 28-year-old Muneer Khan from Lakhimpur Kheri in Uttar Pradesh, whose innovations and technical skills have gained him global recognition. From a 'smart water bottle' to 'smart soil testing device,' and more recently, 'AI-enabled eye-glasses,' what makes his innovations stand out is their ability to improve everyday convenience for ordinary people. Born in a humble and poor family in Kheri's Gauriya village, Muneer lost his father when he was just one year old. His four older brothers and mother worked tirelessly t ...Read More >
Meet Venkata Datta, Hyderabad techie, who is set to marry badminton star PV Sindhu The KYC Bubble: How digital ID's could trigger a global collapse 5 reasons why Allu Arjun will become biggest pan-India star with Pushpa 2: The Rule This is world's weirdest hotel where guests stay to get insulted, pay Rs 20000 room rent, it is located in... Vikrant Massey breaks silence on his 'retirement' announcement, says his post was misread: 'I'm not...' After breakup with Arjun Kapoor, Malaika Arora does 'Nain Matakka' with another actor, netizens react Naga Chaitanya-Sobhita Dhulipala wedding: Allu ...Read More >
Hyderabad (Telangana) [India], December 5 (ANI): BRS leader Dasoju Sravan Kumar on Thursday criticized Telangana CM Revanth Reddy, calling him a "colossal failure" in his role as CM. Speaking to ANI, Dasoju accused CM Reddy for "destroying the people of Telangana." "Police repression is the final refugee of a failing ruler. Unfortunately in Telangana, Revanth Reddy has turned out to be a colossal failure in Telangana as a CM...there is no people's governance in Telangana...what is happening here? I want to ask Rahul Gandhi, how did you make such a man the CM of Telangana...he is destroying t ...Read More >
Assam Beef Ban: A political row has erupted over the Assam government's decision to ban the public consumption of beef in the state with the Opposition labelling it "against the right to freedom" while the ruling BJP lauding the state Cabinet's call. Assam Chief Minister Himanta Biswa Sarma had announced on Wednesday that his government has decided to ban the consumption of beef in restaurants, hotels and public places, drawing sharp reactions from the Opposition. Samajwadi Party MP Iqra Hasan ...Read More >
Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a ₹10 lakh insurance policy, ₹1 lakh for daughters' marriages, a biannual ₹2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.Ahead of crucial Delhi assembly polls, Arvind Kejriwal promised several measures for auto dri ...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 - Hero MotoCorp, the world's largest two-wheeler manufacturer, has unveiled its latest electric offering, the VIDA V2 series. This launch signifies a significant stride in the company's electric vehicle (EV) journey, promising to revolutionize sustainable urban mobility. A Trio of Electric Powerhouses The VIDA V2 series comprises three variants: Each variant boasts a sleek, modern design and is available in eye-catching colors like Matte Nexus Blue-Grey and Glossy Sports Red. Power and Performance Redefined The VIDA V2 comes equipped with IP-67-rated removable batteries in three ...Read More >
New Delhi [India], December 5 (ANI): Jitender Singh Shunty, a Social activist and Padma Shri awardee joined Aam Aadmi Party (AAP) in the presence of the Party's National Convener Arvind Kejriwal on Thursday. Jitender Singh Shunty is also the founder of Shaheed Bhagat Singh Sewa Dal (SBS) Foundation. Upon officially joining the party, Kejriwal expressed his admiration for Jitender Singh Shunty's significant contributions to society during the challenging times of the COVID-19 pandemic. He highlighted Shunty's dedication and efforts in supporting those in need and commended his commitment to ...Read More >
Bhopal, Dec 11 (VOICE) Madhya Pradesh Chief Minister Mohan Yadav will launch 'Jan Kalyan Parv' on Wednesday on the completion of one year of his government. The BJP government in the state will organise a fortnight-long programme called 'Jan Kalyan Parv' to highlight the development works undertaken in the past year. Chief Minister Yadav has directed district administration to organise camps in blocks and gram panchayats to highlight the government's achievements. "The officers will meet people and make them aware of the state government's welfare schemes and ensure that those eligible get ...Read More >
Sunmei Hotels Group has announced the launch of Sunmei Group International (SGI) and three new overseas brands—SHANKEE, PENRO, and LANOU—marking its expansion into the UAE market. The company plans to introduce SHANKEE Hotels, a smart economy brand, to cities like Dubai, Abu Dhabi, and Riyadh. SGI focuses on smart marketing, modular renovations, and intelligent operations, leveraging big data and AI to enhance service and guest experiences. Chairman Ma Yingyao aims to open 100 hotels globally within the next decade, doubling revenue and establishing a strong international presence for Chinese ...Read More >
New Delhi: The Border Security Force (BSF) has completed the deployment of two fresh battalions, comprising more than 2,000 personnel, in the Jammu region to better plug infiltration from across the Pakistan front and check the recent spurt of terrorist activities in the area. Officials in the security establishment told PTI that the new troops of these units have been deployed "in depth areas" as the "second line of defence" just behind the BSF border deployment along the international border (IB) with Pakistan. These two BSF battalions were recently withdrawn from the anti-Naxal operations ...Read More >
New Delhi [India], December 4 (ANI): The GSEC in Hyderabad will be the first of its kind in the APAC region after Tokyo and only the fifth globally, with similar facilities in Dublin, Munich, and Malaga, according to a statement. This GSEC is a specialised international cybersecurity hub designed to play a crucial role in developing advanced security and online safety products tailored for the Indian context. The centre will focus on cutting-edge research, AI-driven security solutions, and creating a collaborative platform for leading experts and researchers in cybersecurity. It also aims to ...Read More >
Samsung's facing a lot of crises and the company has unable to chart a clear path forward, particularly in the semiconductor market, where its foundry is lagging behind, its next-gen memory products are struggling to compete against SK Hynix, and legacy products are under pressure from Chinese companies. The company does a significant employee reshuffle across the entire organization every year. The process has started a bit earlier this time around as there's very much a sense of urgency to improve things. The reshuffle has reportedly seen some senior executives being fired as well. Samsung ...Read More >
Vijayawada, Nov 26 (UNI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday directed the officials to formulate proposals for constructing an iconic Deep technology building in the capital city of Amaravati. Bengaluru, Nov 26 (UNI) Congress MLA HR Gaviyappa's call to reconsider some election guarantees has sparked a political storm in Karnataka, drawing sharp criticism from Deputy Chief Minister DK Shivakumar and exposing potential fissures within the ruling party. Gaviyappa, representing Vijayanagara, suggested that certain guarantees were straining state finances and hindering th ...Read More >
Mumbai: Shiv Sena leader Uday Samant on Thursday said no MLA from the party will accept any responsibility in the new Maharashtra government if Eknath Shinde does not take oath as deputy chief minister. Talking to reporters hours ahead of the swearing-in ceremony, Samant also said no MLA from the Shiv Sena has the intention to become deputy CM and the post should be occupied only by Shinde. Shiv Sena head Eknath Shinde, who served as chief minister in the outgoing government, has indicated that he is reluctant to join the new government as deputy CM. BJP Legislature Party Leader Devendra Fa ...Read More >
Jharkhand Chief Minister Hemant Soren on Thursday (December 5, 2024) expanded his Cabinet with 11 Ministers. Governor Santosh Kumar Gangwar administered the oath in a swearing-in-ceremony at Raj Bhavan in Ranchi. Six from Jharkhand Mukti Morcha (JMM), four from Congress and one from Rashtriya Janata Dal (RJD) have been inducted in the Cabinet of Mr. Soren. From JMM quota, six MLAs took oath at the event organised at Ashok Udyaan includes Chaibasa MLA Deepak Birua, Ghatsila MLA Ramdas Soren, Giridih MLA Sudivya Kumar , Bishunpur MLA Chamra Linda, Gomia MLA Yogendra Prasad and Madhupur MLA Haf ...Read More >
Chief Minister Hemant Soren proposed Rabindra Nath Mahato's name for the post and the proposal was seconded by JMM MLA Mathura Prasad Mahato JMM legislator Rabindra Nath Mahato was on Tuesday elected unopposed as the Speaker of the sixth Jharkhand assembly. Chief Minister Hemant Soren proposed Mahato's name for the post and the proposal was seconded by JMM MLA Mathura Prasad Mahato during the second of the four-day session of the assembly. Soren congratulated Rabindra Nath Mahato on behalf of ...Read More >
JAMMU, Nov 17: Maharashtra police along with Military Intelligence and Army have arrested nine persons hailing from the border district of Rajouri for taking up jobs as security guards in different cities in Maharashtra and carrying weapons with fake licenses. Nine 12-bore rifles and 58 bullets have been recovered from their possession. Follow the Daily Excelsior channel on WhatsApp The arrests were made during a joint operation of Ahilyanagar (formerly Ahmednagar) police in Maharashtra, Southern Command and Military Intelligence on the basis of tip off that some persons from Rajouri distric ...Read More >
PUDUCHERRY: With the India Meteorological Department's (IMD) heavy rain forecast for Puducherry, the UT government has ramped up its preparedness to mitigate the impact, including uninterrupted electricity and drinking water supplies, evacuating residents from low-lying areas, and setting up relief camps. Puducherry experienced 7.69 cm of rainfall Karaikal received 9.6 cm of rainfall in the past 24 hours. After visiting several areas in the UT to assess the situation, Chief Minister N Rangasamy convened an emergency meeting with Public Works Minister Lakshminarayanan, Collector A Kulothungan ...Read More >
Srinagar (Jammu and Kashmir) [India], December 2 (ANI): Jammu and Kashmir National Conference (JKNC) President Farooq Abdullah claimed that Muslims are feeling unsafe and stated that there is no discrimination based on religion, as guaranteed by the Constitution. The former Chief Minister of Jammu and Kashmir also said that the government should treat Muslims without any discrimination. "...There is no doubt that Muslims are feeling unsafe. I will ask the govt of India to stop that. 24 crore Muslims cannot be thrown into the ocean. They (the govt) should treat Muslims equally, there is no di ...Read More >
HONG KONG SAR - Media OutReach Newswire - 2 December 2024 - Long recognised as a land of luxury, Hong Kong has levelled up its luxury hub appeal following the Leaders of Luxury Summit 2024. Organised by Robb Report Hong Kong, the summit brought together luxury industry titans to discuss pivotal topics that "Redefine Luxury Through a Global Lens" at Regent Hong Kong on November 26-28, 2024. According to the latest "2024 Billionaire Census" report from Altrata, the city is currently world's no. 2 with the highest number of billionaires. The city is expected to have 22.4% more ultra-high-net-wor ...Read More >
Hyderabad: The phone tapping case in Telangana took a dramatic turn on Tuesday with the police booking former minister T. Harish Rao and others. A case against the Bharat Rashtra Samithi (BRS) leader and others was registered at Panjagutta Police Station in Hyderabad on a complaint by G. Chakradhar Goud, a real estate businessman. The complainant, who is also the founder of Farmers First Foundation, alleged harassment, threats, and unlawful phone surveillance. Panjagutta Police registered a case under Indian Penal Code (IPC) Section 120(B) (Criminal conspiracy), 386 (Extortion), 409 (Crimin ...Read More >
Hyderabad: Bharat Rashtra Samithi (BRS) working president KT Rama Rao (KTR) met the injured ASHA workers at a hospital in Hyderabad on Tuesday. December 10. ASHA workers were injured after they were manhandled by police officials during a protest at the Telangana Directorate of Medical Education (DME) demanding a salary hike of Rs 18,000 on Monday. The two injured women were identified as Raheembi and Santhoshini. After enquiring about the women's well-being, the BRS MLA condemned the police action against the ASHA workers. He extended solidarity with their fight offered all possible support ...Read More >