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.
Kolkata, Jul 18 (PTI) The Syama Prasad Mookerjee Port (SMPK) Kolkata has partnered with TNS Logi-Park Private Ltd to redevelop and beautify the historic 'Doi Ghat' on the banks of the Hooghly River, furthering its efforts to rejuvenate the city's riverfront. The Doi Ghat holds historical significance as a key landing point for the dairy trade between Howrah and Kolkata. The name Doi Ghat is derived from 'Doi' or curd in Bengali, reflecting its past as a hub where dairy products and other goods arrived in earthen pots from Howrah. Howrah was once known for its flourishing dairy sector. Strategically located at the confluence of the Adi Ganga and the Hooghly's main channel, the ghat played an important role in riverine trade and daily exchanges between rural Bengal and the then growing city of Calcutta. The ghat will undergo redevelopment to enhance its heritage character while modernising its infrastructure. The project will also improve access and public utilities at the site. SMPK has been actively working to restore several historic ghats as part of its broader Hooghly riverfront beautification drive. Similar partnerships have already been undertaken for the renovation of Kumartuli and Nimtala ghats. Once completed, the revamped Doi Ghat is expected to contribute to tourism, community engagement, and the preservation of Kolkata's riverine heritage. PTI BSM SBN SBN
Port Blair: Namita Roy was just 26 years old when she gave birth to her son, 'Tsunami', in a snake-infested jungle where she and her family took shelter after deadly waves triggered by a massive earthquake devoured her home in Hut Bay Island in Andaman and Nicobar on this day in 2004. Twenty years later, she remembers the day with a shudder. "I don't want to recall that dark day. I was pregnant and busy with daily chores. Suddenly, I noticed an eerie silence and was shocked to witness the sea receding miles from our shore. We also noticed zugunruhe in birds," she told PTI. "Seconds later, th ...Read More >
Dehradun/New Delhi, Jun 8 (PTI) Army Chief Gen Upendra Dwivedi on Sunday visited forward posts in Uttarakhand's Garhwal region and reviewed the operational and administrative readiness of the forces deployed in the region, officials said. During his interaction with members of the troops there, he emphasised the importance of maintaining high standards of operational preparedness and constant vigilance. "The Army Chief interacted with troops guarding the frontiers and commended them for their unwavering dedication, resilience, and professionalism," according to a an official statement. The ...Read More >
Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
Srinagar, Jun 6 (PTI) The Jammu and Kashmir unit of BJP on Friday described the completion of the Udhampur-Baramulla rail link as a "historic moment", and called the project a "precious Eid gift" for the people of the Union Territory. "The Udhampur-Baramulla railway connectivity is not just a feat of engineering, but a symbol of hope, development, and national integration.This is truly a historic moment for Jammu and Kashmir," BJP's J-K spokesperson Altaf Thakur said here. He said the ambitious rail project will revolutionise travel in the region, boost tourism, and open up economic opportun ...Read More >
Ludhiana, Jun 8 (PTI) Punjab Congress president Amrinder Singh Raja Warring on Sunday asserted that his party will win the Ludhiana West assembly bypoll, scheduled to be held on june 19, with a "record margin". "Congress practically has no competition here", he claimed. Warring, who is also the Ludhiana MP, said that the ruling Aam Aadmi Party (AAP) was badly mistaken that the Congress would allow it to abuse power and misuse the official machinery for the elections. "First of all, we will not let any misuse of the official machinery and second, in case any official is found to be misusing ...Read More >
Digha: Hoteliers in West Bengal's Digha have experienced a 20 per cent surge in occupancy as travellers in large numbers are thronging the seaside town since the opening of the Jagannath temple in April, an official said Friday. Around 90 per cent of the boarders are coming for a two-day stay in hotels to visit the town and offer puja to Lord Jagannath in the new temple, Digha Hoteliers Association joint secretary Bipradas Chatterjee told PTI. "Since the opening of the Jagannath temple in April this year, the room occupancy in all hotels has increased by 20 per cent on average. Most of the v ...Read More >
Digha, Jun 27 (PTI) Hoteliers in West Bengal's Digha have experienced a 20 per cent surge in occupancy as travellers in large numbers are thronging the seaside town since the opening of the Jagannath temple in April, an official said on Friday. Around 90 per cent of the boarders are coming for a two-day stay in hotels to visit the town and offer puja to Lord Jagannath in the new temple, Digha Hoteliers Association joint secretary Bipradas Chatterjee told PTI. "Since the opening of the Jagannath temple in April this year, the room occupancy in all hotels has increased by 20 per cent on averag ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
Mumbai, Jun 8 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Sunday said Congress MP Rahul Gandhi, instead of introspecting on the defeat in the 2024 state assembly polls, has been repudiating the mandate given by the people because they rejected him. The leader of opposition in the Lok Sabha is preparing his excuses for future defeats in the upcoming assembly elections, including Bihar, Fadnavis said in his articles published in the Indian Express and Marathi daily Loksatta. On Saturday, Gandhi, in an article published in several newspapers and in posts on X, claimed the 2024 Maharas ...Read More >
Nagpur, Jun 8 (PTI) Orange Tigers secured their second win of the Vidarbha Pro T20 League, defeating Nagpur Titans by eight wickets via the D/L Method at the VCA Stadium here on Sunday. Asked to bat, Nagpur Titans posted 153/6 in 20 overs, riding on a well-crafted 52 (38 balls) from Shubham Dubey. Also Read | AFC Asian Cup 2027 Qualifiers: India, Hong Kong Aim To Kickstart Campaign at Kai Tak Stadium. In reply, Orange Tigers reached 116/2 in 13.4 overs, with Rohit Binkar unbeaten on 62 (39 balls), to seal the win via D/L method. Nagpur Titans had a shaky start after losing opener Satyam Bh ...Read More >
The United States recently updated its travel advisory for India. The Ministry of External Affairs acknowledged the update. The US advises its citizens to exercise caution due to crime and terrorism. Certain areas are marked as high-risk. The advisory level for India remains unchanged. It has been at level 2 for several years.Travel advisories are periodically issued by countries based on their "assessment of various factors", and "we have noted" that the US has updated the travel advisory for In ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to invite this esteemed class of artists, technologists, and professionals to join the Academy," said Ac ...Read More >
Katra, Jun 6 (PTI) As the valley delves into jubilation over freshly launched rail connectivity, traders in adjacent Jammu were a bit subdued, apprehending a loss of business because of the travellers bypassing them wholesale straight to Kashmir. As a result, traders' outfits in the district have urged the government to think about the economic impact and address it. "We congratulate the prime minister on this historic step. It will provide Kashmir with all-weather connectivity. But it will inevitably affect business in Jammu. The government must look into this aspect," Jammu Traders' Associ ...Read More >
Jammu, June 8 (PTI) Lieutenant Governor Manoj Sinha on Sunday laid the foundation stone of a mega industrial unit in Jammu and Kashmir's Kathua district, saying that massive infrastructure development is stimulating rapid economic growth of the region. He said that the union territory will soon become a manufacturing hub, a principal market of north, and a competitive provider of services. Also Read | Chennai Shocker: Doctor Kills Woman Who Blackmailed Him With Nude Photos, Arrested After CCTV, Call Records Reveal Truth. The LG reiterated his commitment to decentralising the industrial infr ...Read More >
Digha: West Bengal chief minister Mamata Banerjee has expressed concern over the confinement of 100 Bengali-speaking migrant workers in Odisha. Banerjee said that she has asked chief secretary Manoj Pant to talk to his Odisha counterpart to resolve the issue. "I got information that 100 migrant workers are being held captive in Odisha's Cuttack. Some of our people are held at Balasore PS as well. Why are these incidents happening daily," Banerjee asked. "Why are they targeting Bengal? The migrant workers with valid documents are confined or detained. Every day, similar incidents are happenin ...Read More >
Kolkata: BJP on Saturday criticised urban development minister Firhad Hakim over a video where the Kolkata mayor is purportedly heard making a comment on minorities. Hakim had made the comment while addressing an educational conference recently. Hakim said BJP was using his quote out of context and he was only referring to the gulf between the educated and the uneducated. "As education spreads, the gulf will be bridged and there will be one identity," said Hakim. Saying that he would never play ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Ranchi, Feb 5 (PTI) The Hemant Soren government on Wednesday said the state has received investment proposals to the tune of Rs 26,000 crore, having the potential of generating 15,000 jobs, during 'Advantage Jharkhand' programme held as part of Bengal Global Business Summit (BGBS) in Kolkata. Soren, along with his wife and MLA Kalpana, attended the eighth edition of the Bengal Global Business Summit (BGBS) at the invitation of West Bengal Chief Minister Mamata Banerjee. "Investors have come up with investment proposals to the tune of Rs 26,000 crore in Jharkhand during 'Advantage Jharkhand' ...Read More >
On Wednesday, a special investigation team (SIT) was formed after the Meghalaya Police recovered the weapon in the suspected murder of Raja Raghuvanshi. Meghalaya Chief Minister Conrad Sangma on Thursday assured that justice would be served in the case of the Indore tourist who was murdered in Sohra, while rescue operations continue to locate his missing wife. He did not comment on calls for a CBI investigation, saying the inquiry is ongoing and thorough. Speaking to media persons, Sangma said, ...Read More >
Srinagar, Jun 6 (PTI) The Jammu and Kashmir unit of BJP on Friday described the completion of the Udhampur-Baramulla rail link as a "historic moment", and called the project a "precious Eid gift" for the people of the Union Territory. "The Udhampur-Baramulla railway connectivity is not just a feat of engineering, but a symbol of hope, development, and national integration.This is truly a historic moment for Jammu and Kashmir," BJP's J-K spokesperson Altaf Thakur said here. Also Read | Bodoland Lottery Result Today, June 06, 2025: Assam State Lottery Sambad Friday Lucky Draw Results Declared, ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
West Bengal [India], February 5 (ANI): At the 8th edition of the Bengal Global Business Summit 2025, Bhutanese Minister Younten Phuntsho emphasised the importance of the summit as a platform for strengthening the collaboration between India and Bhutan. Addressing the audience, he said, "For Bhutan, this summit is an opportunity to further deepen our (India-Bhutan) collaboration and identify strategic areas where our shared aspirations align. There are several key areas where we can forge even stronger partnership - first is tourism, we invite investors to explore opportunities in wellness tou ...Read More >
New Delhi, Jun 26 (PTI) Indian team, headed by chief negotiator Rajesh Agarwal, has reached Washington for the next round of trade talks with his US counterparts, an official said on Thursday. The visit is important as both the countries are engaged in negotiations for an interim trade deal and are trying to finalise the pact before July 9, though there are challenges in areas like agriculture and dairy. "The Indian team is in Washington for two-day trade talks," the official said. Agrawal is special secretary in the department of commerce. The high tariffs, announced by the US on April 2, ...Read More >
RANCHI/SILLI/PURULIA/KOLKATA: "Bhagwan Krishna ne aaj bacha liya (Lord Krishna has saved us today)," said farmer Puran Chand Mahto (55) of Mardu village in Ranchi district's Silli block, still unable to believe his luck at being alive to tell the tale of how he and his family - his three daughters and a relative, who is a minor - slept peacefully while a tiger silently crouched in a corner of the same room.Around 4.30am Wednesday, Puran was getting ready for the day. As he stepped out of his thre ...Read More >
New Delhi, Jun 27 (PTI) Canadian billionaire Prem Watsa's company Fairfax Financial Holdings Limited on Friday said it has appointed former NITI Aayog CEO Amitabh Kant as a senior advisor. In a statement, Fairfax said former G20 Sherpa Kant's extensive expertise in economic development, innovation, and sustainable growth is expected to significantly benefit the company's long-term investment approach in India. As India is pursuing an ambitious roadmap toward becoming a developed economy by 2047, Fairfax expects many opportunities for it and its affiliates, including Fairfax India Holdings Co ...Read More >
New Delhi, Jun 27 (PTI) With US President Donald Trump announcing that a "very big" trade deal is on the cards with India, the Congress on Friday took a swipe at the government and said it seems that India gets to know decisions of great importance to it from the White House. The opposition party's swipe at the government came after President Donald Trump said a "very big" trade deal is on the cards with India, hinting at significant progress in the negotiation process of a long-awaited bilateral trade agreement between the two countries. "We are having some great deals. We have one coming u ...Read More >
Kolkata, May 20 (PTI) The India Meteorological Department on Tuesday forecast heavy rain in the northern districts of West Bengal, and thunderstorms in the state's southern parts till Friday. It said that an upper air cyclonic circulation over north Bangladesh, and presence of favourable wind pattern and moisture incursion from Bay of Bengal will lead to enhanced thunderstorms with gusty winds, accompanied with heavy rainfall over some districts of West Bengal. Thunderstorms with gusty winds, lightning and light to moderate rainfall are likely to occur in south Bengal districts, including Jh ...Read More >
Nagpur: Warrior king Chhatrapati Shivaji Maharaj belonged to the entire country, but British history tried to confine him as a regional icon, said BJP leader and Rajya Sabha MP Sudhanshu Trivedi, who was in Nagpur on Friday to attend an event marking the 351st anniversary of Shivaji Maharaj's coronation. Trivedi told TOI at the event organized by Shivaji Maharaj Kruti Samiti that Shivaji Maharaj's contribution in 'safeguarding' the southern part of India from Mughal invasion must not be forgotten.Trivedi said, "Shivaji Maharaj belonged to all of us, entire country. Unfortunately, the British p ...Read More >