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.
As per data shared by the institutes, as of July 2025, the IIT Madras Zanzibar campus houses a total of 105 students enrolled across three programmes such as BSc Data Science and AI, MTech Data Science and AI, and MTech in Ocean Structures. The Indian Institute of Technology (IIT) Madras Zanzibar on July 11 held its first degree distribution ceremony with 16 students graduating. This marks the graduation of its inaugural cohort from the MTech programme in Data Science and Artificial Intelligence
CHENNAI: National security advisor Ajit Doval on Friday challenged the foreign press "to show even one image" of the damage to the Indian side during Operation Sindoor. Speaking at the 62nd convocation of IIT Madras, Doval said: "We decided to have nine terrorist targets in the criss-cross of Pakistan; they were not in the border areas. We missed none. We hit nowhere else except that. It was precise to the point where we knew who was where. The entire operation took 23 minutes, starting five minutes past one and ending 28 minutes past one (on May 8)."The NSA said: "Foreign press said that Paki ...Read More >
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to the allegations to NCW officials. Officials said further steps will be considered after reviewing his ...Read More >
HYDERABAD: As the world observes Artificial Intelligence (AI) Appreciation Day on Wednesday, Hyderabad is emerging as a powerhouse in India's AI revolution. With a booming startup ecosystem and strong government backing, the city is integrating AI into sectors like healthcare, agriculture, and legal systems, reshaping the role of technology in everyday life. Hosting over 500 AI startups, Hyderabad is now one of India's premier AI hubs. According to Deloitte's "Tech Trends 2025 - India Perspective" report, India's AI market is projected to reach USD 17 billion by 2027, growing at 25-35% annual ...Read More >
The Indian government is reinforcing creative freedom by maintaining strict regulations on OTT platforms through the IT Rules, 2021. Union Minister Ashwini Vaishnaw emphasized safeguards against harmful content while promoting the AVGC-XR sector. The Indian Institute of Creative Technologies aims to bolster industry skills with global partnerships. The Central Government on Wednesday renewed its pledge to protect creative freedom, highlighting regulations for Over-The-Top (OTT) platforms enforce ...Read More >
Bengaluru -- Snowflake, the AI Data Cloud company, announced its collaboration with ICT Academy to scale the Snowflake Academia Program in India, a comprehensive initiative designed to equip educators and students with direct access to data and Artificial Intelligence (AI) technologies. At the core of this initiative is faculty enablement, equipping educators with knowledge, curriculum, and free access to Snowflake Platform, Snowflake technical foundations, and advanced courses such as data engineering and the latest AI-related programs to train their students effectively. Through this engagem ...Read More >
In an exclusive interview with FinTech Magazine at Money20/20, Matthew Van Buskirk, Co-founder and CEO of Hummingbird Regtech, discusses how the company is enabling data to be labelled at ease through the use of artificial intelligence. Hummingbird positions itself as an AI enablement company, addressing a critical challenge in the financial sector: the lack of well-labelled, clean training data. "From the day we launched, we saw that deploying effective machine learning or AI capabilities in this industry is incredibly difficult because we don't have clean training data. Instead, we have th ...Read More >
New Delhi, India, January 20, 2025 - According to a recent, global Recon Analytics survey commissioned by Seagate Technology, business leaders from across 15 industry sectors and 10 countries expect that adoption of artificial intelligence (AI) applications will generate unprecedented volumes of data, driving a boom in demand for data storage, in particular cloud-based storage. With hard drives delivering scalability relative to terabyte-per-dollar cost efficiencies, cloud service providers rely on hard drives to store mass quantities of data. Recently, analyst firm IDC estimated that 89% of ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
New Delhi, Jul 15 (PTI) Infosys Foundation on Tuesday announced the launch of a program that aims to enable half a million job seekers in India to gain meaningful employment by 2030, as the philanthropic and CSR arm of the Indian tech behemoth committed over Rs 200 crore for its first phase. Infosys Springboard, the flagship digital learning platform from Infosys, will offer support not just for learning and skilling but also opportunities for learners to have sustainable livelihoods and careers. "Infosys Foundation...today announced the launch of Infosys Springboard Livelihood Program to en ...Read More >
Pune: Nurses at Sassoon General Hospital staged a protest on Thursday, in response to a strike call by Maharashtra State Nurses' Association (MSNA), demanding that the authorities address discrepancies in their salaries and stop recruitment on contract.Eknath Pawar, dean, BJ Medical College and Sassoon General Hospital, however said that services remained unaffected as the "majority of the nurses were working.""Of the 939 nurses working at the hospital in all three shifts, 345 nurses were on strike on Thursday," he said.However, patients visiting the hospital said that they could not get admis ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
New Delhi [India], June 7 (ANI): The Ministry of Statistics and Programme Implementation (MoSPI), in partnership with NITI Aayog and the World Bank as a knowledge partner, organised a two-day National Workshop entitled 'Using Alternate Data Sources and Frontier Technologies for Policy Making.' This event took place at Bharat Mandapam in New Delhi on June 5 and 6. The National Workshop concluded with a Valedictory Session on 6 June. According to the release, the Valedictory Session was graced by Prof. Ajay Kumar Sood, Principal Scientific Advisor (PSA) to GoI as the Chief Guest; Prof. Abhay K ...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 >
CHENNAI: The Indian Institute of Technology Madras' international campus at Zanzibar has announced the launch of a new four-year Bachelor of Science (BS) program in Chemical Process Engineering for the academic year 2025-26. Open to students of all nationalities, including Indian nationals, this full-time undergraduate program promises a globally relevant curriculum and robust industry alignment, a statement from the institute read. "The course is designed to provide a strong foundation in core chemical engineering principles, complemented by practical lab sessions, interdisciplinary electiv ...Read More >
New Delhi, Jul 13 (PTI) BITS Pilani, an Institution of Eminence, will invest over Rs 2,200 crore on expansion, including an 'AI+ Campus' at Amaravati in Andhra Pradesh, its Chancellor and industrialist Kumar Mangalam Birla said on Sunday. The investment will be made over a period of five years. In his address at the 2025 convocation of the institution, Birla reaffirmed BITS Pilani's "commitment to nation-building with three transformative initiatives", as "India aspires to become a 10 trillion dollar economy and a knowledge superpower". Elaborating, he said the first is 'Project Vistaar' of ...Read More >
AP ECET 2025: Download the seat allotment result on the official website, ecet-sche.aptonline.in. ShowQuick Read Summary is AI-generated, newsroom-reviewed * APCHSE has released the seat allotment result for AP ECET * Check and download the seat allotment result on the official website, ecet-sche.aptonline.in * Students who have been allotted seat must visit their college from July 14 to July 17, 2025 for admission Did our AI summary help? Let us know. AP ECET Seat Allotment Result 2025 Out: The Andhra Pradesh State Council of Higher Education (APCHSE) has released the seat allotment r ...Read More >
Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors Also Read | US: Joe Biden Commutes Roughly 1,500 Sentences and Pardons 39 People in Biggest Single-Day Act of Clemency. The funds will be directed toward expanding operations across India, with a ...Read More >
Jammu : The Indian Institute of Management (IIM) Jammu stands at a luminous crossroads in its journey -- one defined by ambition, perseverance, and a resounding affirmation of its rising stature. In what can only be described as a golden chapter in the Institute's evolution, IIM Jammu has accomplished a feat few in the nation can claim: the rare distinction of securing not one, but two of the most coveted international accreditations -- BGA and EFMD Accreditation for MBA program -- within a single remarkable year. These accolades speak volumes of the Institute's steadfast commitment to academ ...Read More >
Guwahati, Jul 15 (PTI) Congress president Mallikarjun Kharge and Leader of Opposition in Lok Sabha Rahul Gandhi will visit Assam on Wednesday during which they will interact with party functionaries of the state. State Congress chief Gaurav Gogoi said the district, block and mandal presidents of the party will be able to present their views before its top leadership during Kharge and Gandhi's visit. Also Read | Did Lucknow Court Judge Take Selfie With Rahul Gandhi During Hearing of Indian Army 'Defamation' Case? BJP's Amit Malviya Found Fake in Fact Check. "I look forward to welcoming Shri ...Read More >
Tamil Nadu has launched a pilot programme in government schools to teach students AI, coding, and digital tools, aiming to bridge the tech divide and prepare youth for a digital future. Chennai: Exposure to artificial intelligence (AI), robotics, and digital tools is no longer confined to private schools. In a significant step towards bridging the technological divide, the Tamil Nadu government has rolled out a pilot programme this academic year to train government school students in AI applicat ...Read More >
Bhopal - In a transformative move set to redefine the future of education in India, Scope Global Skills University (SGSU), Bhopal, has announced the launch of its "AI First Campus" and a comprehensive "AI Action Plan." As Central India's first NEP and NSQF-aligned skills university, SGSU is committed to embedding artificial intelligence (AI) deeply into every aspect of higher education, from academic programs and faculty development to student engagement and industry collaboration. These new initiatives are part of the university's mission to lead the charge in AI-powered learning and to esta ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
Bengaluru, Jul 5 (PTI) Union Minister Piyush Goyal on Saturday said new technologies will define India's growth story in the coming years. Addressing the IIT Madras Alumni Association's Sangam 2025 event here, he said, "Your science, your technology, combined with this vibrant startup ecosystem, R&D, and innovation, will shape the India growth story of the future." Goyal said India is transforming from a country known for seeking jobs to becoming a nation of job creators. "Of course, in some small measures, we have tried to be part of the startup ecosystem, the startup fund of funds, and var ...Read More >
New Delhi: Nearly half of the students surveyed in Delhi's higher education institutions use Artificial Intelligence tools several times a week, with 23% reporting daily use and 21% using them several times a month. AI was used most frequently for research, with 84% saying they rely on AI for academic purposes, followed by writing at 76% and learning complex subjects at 68%.However, barriers to adoption remain significant, with 47% attributing limited AI use to lack of awareness and 45% citing limited knowledge on how to use them effectively. The findings are part of a new study by the Centre ...Read More >
NEW DELHI/BATHINDA: The Directorate of Enforcement (ED) on Friday conducted searches at 22 de-addiction centres across Punjab, including in Chandigarh, Barnala and Ludhiana, after its investigation revealed illegal sale of drugs by these centres. The agency also searched a premise in Mumbai linked to the accused.Dr Amit Bansal, who runs these 22 centres, is prime accused in the case, sources said. Bansal, against whom Punjab Police has registered multiple FIRs, is alleged to be engaged in illegal sale of drugs from his de-addiction centres.Privately-run drug de-addiction centres in Punjab are ...Read More >
A high-level delegation led by the Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Amardeep Singh Bhatia, visited the K-tech MeitY Nasscom Centre of Excellence (CoE) for IoT & AI in Bengaluru. A high-level delegation led by the Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Amardeep Singh Bhatia, visited the K-tech MeitY Nasscom Centre of Excellence (CoE) for IoT & AI in Bengaluru. The visit aimed to engage with startups, explore the inno ...Read More >
New Delhi [India], September 15 (ANI): The All India Council for Technical Education (AICTE) marked Engineers' Day with the launch of three new initiatives aimed at transforming India's technical education ecosystem. Dr Vineet Joshi, Secretary, Higher Education, Government of India, officially launched Project PRACTICE (Project for Advancing Critical Thinking, Industry Connect and Employability), the AICTE Research Internship (ARI) Portal, and the AICTE R&D Cell and Climate Cell in all approved institutions, in the presence of Prof T G Sitharam, Chairman, AICTE, Vice Chairman Dr Abhay Jere, Me ...Read More >
Chennai: Indian Institute of Technology Madras (IIT-M) will collaborate with Caterpillar, a US multinational manufacturing firm, as a global university partner. The institutions signed a memorandum of understanding (MoU) for joint research in advanced manufacturing, AI and data science, gas turbines and engines, energy consortium, batteries, mechanical engineering, and fuel cells. "The collaboration will lead to several exciting products of global standards," IIT-M director V Kamakoti said in a r ...Read More >
NewsVoir Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors The funds will be directed toward expanding operations across India, with a focus on strengthening Navanc's presence in urban and semi-urban areas. Additionally, the startup will bolster ...Read More >
BENGALURU: Coming from Yedugundlapadu, a small village in Andhra Pradesh, where she was the first engineer ever, Professor Madhavi Latha is now among the technical minds behind the Chenab Rail Bridge -- the world's tallest railway bridge -- inaugurated by Prime Minister Narendra Modi on Friday. Madhavi, who hails from a family of farmers, completed her entire schooling in government school. The youngest of four siblings, she had initially dreamt of becoming a doctor. But with limited resources, her parents suggested engineering, which was more affordable through government colleges. Madhavi ...Read More >