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: There has been a massive drop of 70% in the number of Indian students going to America for studies. This situation has arisen due to the blockage of visa slots and sudden increase in visa rejections due to the Trump administration's policies related to international students. US President Donald Trump has issued instructions regarding the enrollment and visa of international students in the universities of the country. Due to this situation, there is a decline in the number of Indian students in US universities. Education consultants of Hyderabad say that the number of Indian students going to America has fallen by about 70 percent. The main reason behind this decline is the ban on the availability of visa appointment slots by the USA and the sudden increase in the visa rejection rate. Sanjeev Rai of Hyderabad Overseas Consultants told the Times of India, "By this time, usually most of the students have completed their visa interviews and are busy preparing for their flight. But this year, students are still just refreshing the portal in the hope of getting visa appointment slots. This is the worst situation in the last several years," reports abplive. However, US officials had said in this regard that visa slots would be released in a phased manner, but till now there is a lot of confusion in this matter and due to this the students are also very upset and those who have booked the slots have not received confirmation. Ankit Jain of Window Overseas Education Consultancy said, "Students who have managed to book visa appointment slots in the beginning have also not received a confirmation reply yet," reports abplive. He also said that it seems as if the US system is opening the slots only for testing, because even after booking, no student has received confirmation. In such a situation, Indian students are now turning to other countries instead of studying in America.
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 >
NEW DELHI: Despite their protests over the ongoing special intensive revision (SIR) of Bihar's electoral roll, the state's opposition parties have already joined the exercise in full strength, deploying over 56,000 booth level agents (BLAs) to monitor every stage of the process.RJD has appointed 47,143 BLAs, making it second only to BJP that has positioned 51,964 BLAs in the field. Congress has appointed 8,586 BLAs, CPI(ML) (Liberation) 233, CPM 76, and BS.BJP allies JDU, Lok Janshakti Party and Rashtriya Lok Samta Party have appointed 27,931, 2,457 and 264 BLAs, respectively, taking the total ...Read More >
Kochi: Edison Babu's neighbours in Muvattupuzha knew him as the quiet engineer who had returned home during the pandemic. The 35-year-old former auto industry professional seemed to lead an unremarkable life in this sleepy Kerala suburb, occasionally visiting the local post office with packages: nothing unusual for someone running what appeared to be a small online business. What they didn't know was that their mild-mannered neighbour had built India's most sophisticated darknet drug empire, one that relied heavily on the very government postal service that was meant to serve the community. ...Read More >
NEW DELHI: A day before Supreme Court takes up a batch of petitions challenging the ongoing special intensive revision (SIR) of electoral rolls in Bihar, Election Commision took to X to quote from Article 326 of the Constitution, which unequivocally mandates the poll panel to register only Indian citizens above 18 years of age, unless disqualified, as voters.With enumeration forms of nearly 57.5% of Bihar's 7.9 crore voters collected in the initial 15 days of SIR, EC officials told TOI the names of all electors who figured in Bihar rolls on June 24, 2025 and who turn in their filled-up enumera ...Read More >
The situation has sparked panic among students and parents alike, with many considering alternative destinations such as Germany and Canada to avoid losing an academic year. The United States is witnessing a steep drop in Indian student arrivals this year, with education consultants reporting a 70-80 per cent dip in outbound traffic. The decline, largely from cities like Hyderabad, is being attributed to a persistent freeze in US visa appointment slots and a sharp spike in rejection rates, leavi ...Read More >
New Delhi [India], July 19 (ANI): The Chief Minister of Uttar Pradesh, Yogi Adityanath, met Prime Minister Narendra Modi and Union Home Minister Amit Shah in New Delhi on Saturday. The Prime Minister's Office (PMO) handle posted on X, "Chief Minister of Uttar Pradesh, Shri @myogiadityanath, met Prime Minister @narendramodi." Also Read | Bihar Electoral Roll Revision: Nearly 42 Lakh Electors Not Found at Addresses During the Ongoing SIR Drive, Says Election Commission. Sharing an X post about the meeting, CM Yogi wrote, "I had the honour of meeting the world's most popular leader, the respec ...Read More >
New Delhi [India], July 20 (ANI): Congress MP Renuka Chowdhury on Sunday expressed concern over the government inaction in bringing to justice the terrorists behind the April 22 Pahalgam attack, which killed 26 civilians, including a Nepali citizen. As the Parliament Monsoon session begins, Chowdhury stated that the INDIA bloc will raise this issue, demanding answers from the government. Speaking to ANI, Chowdhury said, The Parliament session is starting, so we have reached Delhi. We have not been able to see those who killed our countrymen in the terrorist attack in Pahalgam arrested yet. T ...Read More >
NEW DELHI: The Indian Medical Association (IMA), Haryana, to suspend Ayushman Bharat scheme services across the state from February 3, citing pending government reimbursements amounting to Rs 400 crore. "We have been again approached by all empanelled hospitals of Haryana to act on their behalf and inform you that if following demands are not met soon, they will be forced to suspend Ayushman services from 3rd February 2025," a statement released by the association read. Approximately 1,300 hospitals in Haryana, including 600 private facilities, are empaneled under the Ayushman Bharat scheme. ...Read More >
Bengaluru: A massive investment scam using a fake app named Trump Hotel Rental has duped over 800 investors across Karnataka, with more than 200 filing complaints after collectively losing nearly Rs 2 crore. The app, which used AI-generated videos and images of former US President Donald Trump to appear legitimate, has now been taken down. Authorities say the fraud operated for at least 5-6 months before being exposed. AI-Backed Scam Promised Sky-High Returns According to cybercrime officials, the now-defunct app lured users with fake promises of remote job opportunities and lucrative inves ...Read More >
NEW DELHI: Home minister Amit Shah on Saturday met and felicitated officers of the Chhattisgarh Police who played a key role in the recent anti-Naxal operations in Bijapur and Narayanpur that led to the elimination of top CPI(Maoist) leader Nambala Keshav Rao alias Basavaraju and 57 others.On X later, Shah said, "Met the officers who played a crucial role in the recent anti-Naxal operations and congratulated them on the historic success of these operations. I am eager to meet the brave jawans who made these operations successful with their courage, and will soon visit Chhattisgarh to meet them ...Read More >
Gyanesh Kumar NEW DELHI: With enumeration forms distributed to 93.7% of Bihar's 7.9 crore electorate so far and 13.2% electors already submitting the completed and signed forms, EC officials Saturday told TOI that documents can be added or uploaded by electors whose enumeration forms were submitted with incomplete documentation, right until July 25. July 25 is the last date for submission of the filled-up enumeration forms."As of Saturday 6pm, over one crore enumeration forms (13.2% of Bihar's electors) have been received. The percentage of forms distributed has also gone up to 93.6%, with 7.4 ...Read More >
Amritsar: BJP MP Nishikant Dubey from Jharkhand has claimed that Britain assisted India in executing the 1984 Operation Bluestar at the Golden Temple in Amritsar, stoking a new controversy.In a post on X on Monday, Dubey alleged that then PM Indira Gandhi "launched an attack on the Golden Temple in collaboration with Britain", with British Army officers present in Amritsar.He uploaded a classified British document, "Sikh Community", claiming that on Feb 23, 1984, the UK Foreign and Commonwealth Office mentioned in a letter that the Indian govt had sought British advice over a plan to remove Si ...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 >
As per Moneycontrol's calculations, a 7 per cent growth in the remaining two quarters will put India's GDP at 6.5 per cent. The Indian economy would find it challenging to achieve over 7 per cent growth for the fourth consecutive year, economists said. They pointed out that the second-quarter (Q2) Gross Domestic Product (GDP) data, which was announced on November 29, has made the task even more daunting for the government. "A sharper than expected growth slowdown in Q2 has tilted risks to our outlook of 6.8 per cent for the current fiscal downwards," said DK Joshi, chief economist, Crisil. ...Read More >
NEW DELHI: Population data returned by the upcoming 'Census 2027', due to begin on April 1, 2026, will pave the way for a countrywide delimitation of Lok Sabha and assembly constituencies, as the March 1, 2027 reference date makes it "the first Census to be held after 2026".However, the chances of delimitation being completed in time for the 2029 general election appear bleak, given that the final population data may take time to be published. The final population data for Census 2011 was published almost two years after release of the provisional data in March-end 2011. Even with a 'digital' ...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 >
NEW DELHI: Three civil society organisations from Manipur, including Coordinating Committee on Manipur Integrity (COCOMI), held a round of dialogue with Centre's representatives led by interlocutor A K Mishra here on Monday, seeking preservation of territorial integrity of the state, steps to ensure free movement of people and phased resettlement of people displaced by ethnic violence by the end of this year.The three Meitei-dominated groups, COCOMI, All Manipur United Clubs' Organisation (AMUCO) and Federation of Civil Society Organisations (FOCS), also sought implementation of a national reg ...Read More >
New Delhi: All international students seeking to study in the United States must keep their social media profiles public not just while applying for a visa but also during their entire study course, The Indian Express reported on Sunday. "All student and exchange visitor visa applicants (F, M and J visa classes) are requested to adjust the privacy settings on all of personal social media profiles to 'public' in order to facilitate vetting necessary to establish the applicant's admissibility to the United States," the newspaper quoted a US Embassy spokesperson in New Delhi as saying. The spok ...Read More >
New Delhi: Delhi govt has prepared a plan under which Delhi Transport Corporation (DTC) bus drivers and conductors will receive regular training, with a focus on ethical values, customer service and safe driving, transport minister Pankaj Singh said on Friday. The move is for improving the public image of DTC buses.The minister mentioned that DTC bus drivers who fail to halt at designated stops or are found speeding will face strict departmental action.Several commuters have complained about the behaviour of DTC bus drivers. There have alleged that the buses often fail to stop at the designate ...Read More >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...Read More >
Digha: A day after Rath Yatra, the festive fervour continues in Digha as the seaside town is now gearing up to host Ulta Rath or the return journey of the deities from the 'Masir Bari' or the old Jagannath temple. On July 5 -- the Ulta Rath day -- hotels are hoping for fresh tourist influx. Though the deities are currently in Masir Bari, a large queue of devotees visited the newly-constructed Jagannath temple on Saturday. They offered prayers to the stone idol permanently installed there. It is the wooden idols of Jagannath, Balaram and Subhadra that have taken the chairot rides. Bipradash Cha ...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 >
New Delhi, Jul 12 (PTI) Indian students, tourists, business travellers and those working in technology firms planning to head to the United States may soon have to pay more than double the existing visa fee due to a new 'visa integrity fee' being imposed by the US, according to immigration service consultants. The 'visa integrity fee' finds a mention in the 'One Big Beautiful Bill' (now an Act) signed by President Donald Trump on July 4. Immigration domain watchers and firms facilitating students for study abroad have been closely watching this bill before Trump signed his package of tax bre ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in a civil dispute between the parties by filing a first information report and seeking the help of the ...Read More >
New Delhi: America's H1-B visa has been an important way for foreigners to get work here and people from all over the world try to get this document, especially Indians who go to great lengths to get an H1-B visa in large numbers. According to reports, the Trump administration is going to make big changes in the rules for issuing this visa, which can have a direct impact on Indians. The Trump administration is also considering making the citizenship test stricter. Joseph Edlow, the new director of the US Citizenship and Immigration Service (USCIS), said in an interview to the New York Times ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
New Delhi [India], June 5 (ANI): Silver prices on Thursday, crossed USD 35 mark per ounce and hit its highest level since March 2012, boosted by a combination of factors such as weaker US dollar, rising geopoltical tension and robust industrial demand. 'With the trust in dollar decreasing silver appears to be a good avenue for money to move to and the Gold Silver ratio was recently above 1.10 so the only way forward was either silver prices rise up or gold prices fall, and thats what has happened silver has risen far more than gold,' said Mrinesh Jain Director, Bombay Bullion Metal Hub LLP. ...Read More >
New Delhi: Investigators probing the recent cases of espionage have identified a former sub-inspector of Pakistan Police as a key handler in the cross-border spy networks. The suspect, identified as Nasir, had been recruited by ISI a few years ago after which he voluntarily retired from service and turned a YouTuber.Nasir and his female accomplice, Naushaba Shehzad aka Madam N, were specifically tasked by ISI to cultivate Indian influencers, sources said. The two had become a bridge between the ISI and Indian YouTubers."After initial onboarding, Nasir would connect Indian YouTubers visiting Pa ...Read More >
NEW DELHI: India on Friday distanced itself from the White House's call to award the Nobel Peace Prize to US President Donald Trump, saying any such queries should be directed to Washington. This came after White House Press Secretary Karoline Leavitt claimed that Trump had brokered peace in multiple global conflicts, including between India and Pakistan."As far as the statements of the White House are concerned, please take your question to them," said ministry of external affairs spokesperson Randhir Jaiswal when asked about the Nobel suggestion.Leavitt had claimed that Trump had ended confl ...Read More >
Mumbai (Maharashtra) [India], August 3 (ANI): In a major crackdown on narcotics smuggling, officers of the Airport Commissionerate, Mumbai Customs Zone-III, have seized 14.738 kgs of suspected NDPS hydroponic weed (marijuana) valued at approximately Rs 14.73 crore during operations on Sunday. The seizures were made across Chhatrapati Shivaji Maharaj International Airport (CSMI), resulting in the arrest of one passenger, as stated in the press release. The passenger was arrested under the provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. Based on specific intel, ...Read More >