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.
BENGALURU: The cabinet gave permission to the National Thermal Power Corporation (NTPC) on Thursday, to carry out a preliminary study to set up nuclear power plants in Karnataka. Speaking to reporters after the cabinet meeting, Law Minister HK Patil said, "The NTPC had sought three places, including Koppal, Raichur and Vijayapura, but we have told them to consider Karnataka as one unit and conduct a feasibility study. Once they submit the report, we will bring it to the cabinet and make a decision." Patil said the NTPC had sought in-principle approval and the cabinet discussed it. "Wherever it can be considered as viable and probable to set up a plant, we have told them to conduct study, across the state," he added. A suitable direction has been given to them, while no time-frame has been given to complete the study.
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 >
Bosch Ltd | Technology and services provider firm, has approved the acquisition of a 100% stake in Bosch Chassis Systems India for ₹9,068.68 crore from its group entities. Lupin | The pharma company has received USFDA approval for its Dapagliflozin and Metformin extended-release tablets in multiple strengths, boosting its US diabetes portfolio. Earnings | Tata Consultancy Services, Anand Rathi Wealth Ltd, and GM Breweries Ltd are set to report their Q4 results on April 9, with investors also ...Read More >
The Karnataka government on Thursday decided to ask the National Thermal Power Corporation (NTPC) to review locations across the State before submitting its proposal for a nuclear power plant. Initial proposal While the NTPC has initially proposed Vijayapura, Koppal, and Raichur as possible locations, the State Cabinet, which met here on Thursday, decided to ask the corporation to consider the State as a unit and review possible locations across the State. "We have agreed on the need for a nuc ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC Bank, Eternal (Zomato), HUL, Sun Pharma, Bajaj Finance, ICICI Bank, Titan and Bajaj Finserv ...Read More >
Prime Minister Narendra Modi inaugurated the Mahi Banswara Rajasthan Atomic Power Project, a 2,800 MW nuclear plant developed by NPCIL-NTPC, with an investment of Rs 42,000 crore. This project, along with other energy initiatives exceeding Rs 51,000 crore, aims to supply reliable power, create employment, and boost economic growth in Rajasthan. The 2,800 MW Mahi Banswara Rajasthan Atomic Power Project, developed by a NPCIL-NTPC joint venture at an investment of around Rs 42,000 crore in Rajastha ...Read More >
NTPC, India's largest integrated power utility, has proposed setting up a nuclear power plant in Uttar Pradesh, identifying three potential sites as part of its push to expand non-fossil fuel capacity, officials said on Monday. Diwakar Kaushik, regional executive director (North), NTPC Limited, said at a press conference that the final decision on the site will rest with the state government after feasibility assessments and clearances. The three sites identified are in Prayagraj, Lalitpur and ...Read More >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
UP Nuclear Power Plant: In a significant move aimed at strengthening long-term energy security, NTPC Limited is exploring the possibility of setting up a nuclear power plant in Uttar Pradesh. The initiative comes amid rising electricity demand and the need for cleaner, sustainable energy sources. Senior officials of NTPC confirmed that preliminary discussions and feasibility assessments are currently underway. Key factors such as land availability, water resources, environmental impact, and regulatory approvals are being evaluated before finalizing the project. According to officials, the di ...Read More >
Mumbai, Jul 18 (PTI) A three-storey chawl collapsed in the western suburb of Bandra here in the early hours of Friday, with at least 10 people feared trapped in the debris, civic officials said. As many as seven people have been rescued from the debris so far and admitted to the civic-run Bhabha Hospital, they said. According to preliminary information, chawl number 37 in the Bharat Nagar area of Bandra East collapsed around 5.56 am. Eight fire engines are at the spot along with teams from the Mumbai police and the Brihanmumbai Municipal Corporation's local ward machinery, an official from ...Read More >
New Delhi: India has surpassed its target of installing 50% of its power capacity from non-fossil fuel sources, achieving a key nationally determined contribution (NDC) under the Paris Agreement five years ahead of the 2030 target, the Union Cabinet said on Wednesday. "India's achievement of 50% non-fossil fuel installed capacity ahead of the target year is a testament to its ambition, innovation, and commitment to sustainable development. It affirms that development and decarbonisation are not ...Read More >
At present, the installed capacity of NTPC Group is 82,926 MW (53 NTPC-owned stations and 53 joint venture/subsidiary stations), from sources like coal, liquid fuel, hydro and solar. Power major NTPC is planning to set up nuclear power projects both as part of joint venture route and on a standalone basis, CMD Gurdeep Singh has said. The company is collaborating with technology providers and state governments to explore individual nuclear projects, Singh has said. At present, the installed cap ...Read More >
The car had a Maharashtra number plate. Luggage was tied to the roof of the vehicle, which made officials believe that a family had come from Maharashtra to visit Agra. A shocking and heartbreaking incident has come to light from the Taj Mahal complex in Agra, Uttar Pradesh. An elderly man was found unconscious and tied inside a locked car parked near the western gate. The incident has raised serious questions about human sensitivity and responsibility. According to Aaj Tak, the man had been locked inside the car for several hours. The extreme heat and humidity had made his condition critic ...Read More >
Mumbai, Oct 31 (SocialNews.XYZ) Actress Deepika Padukone, who has been a strong advocate for mental health awareness, reacted to cricketer Jemimah Rodrigues' recent revelation about battling anxiety. The 'Om Shanti Om' actress, known for openly sharing her own struggles with depression in the past, praised Jemimah for her honesty and courage in speaking up, highlighting the importance of conversations around mental well-being in sports and beyond. Taking to her Instagram Stories, Deepika Padukone reshared a video of cricketer Jemimah Rodrigues, in which the athlete opened up about her struggl ...Read More >
New Delhi [India], September 15 (ANI): Union Minister Pralhad Joshi has said that India is making rapid strides in renewable energy and is on course to achieve the ambitious target of 5 million metric tonnes of green hydrogen production by 2030. Speaking at the Panchjanya Infra Confluence 2025, Joshi said that Prime Minister Narendra Modi does not set easy targets for himself or for his cabinet colleagues and has set a very ambitious goal in the renewable energy sector. "Hon'ble PM does not set easily achievable targets for himself or for any of us; he prefers goals that make us strive harde ...Read More >
Bengaluru: The cabinet has rejected three proposed sites for a new nuclear power plant in the state and directed National Thermal Power Corporation (NTPC) to conduct a statewide study to identify a suitable location. NTPC had shortlisted a site each in Koppal, Raichur, and Vijayapura districts for the project but these have been shot down.Despite the rejection of sites, the cabinet agreed on the need for a nuclear power plant in the state, aligning with the Centre's renewed push for nuclear energy.Law and parliamentary affairs minister HK Patil said there were "several reasons" for the cabinet ...Read More >
Mumbai: The BMC is set to begin structural strengthening work on the Parel TT flyover in October this year. To minimise traffic inconvenience, the repairs will be carried out in phases by closing one lane at a time. The repair work was originally planned two years ago but was deferred as the Delisle Road Bridge in Lower Parel was still under reconstruction at the time. Undertaking both projects simultaneously would have worsened traffic congestion in central Mumbai. Constructed in 1980, the Parel TT flyover plays a vital role in easing traffic congestion on Dr. Babasaheb Ambedkar Road at a k ...Read More >