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: A celebration was held in Uttarakhand for the successful grounding (implementation) of investment worth Rs 1 lakh crore (Rs 100,000 crore). Union Home Minister Amit Shah said the Dhami government is working with transparency, speed, and farsightedness. At the Uttarakhand Investment Utsav - 2025 held in Rudrapur, the Union Minister commended the efforts of the State Government. Only through a Developed Uttarakhand can the goal of a Developed India by 2047 be fulfilled. In the presence of Union Home Minister Amit Shah, at the Uttarakhand Investment Utsav-2025 organized in Rudrapur on Saturday, the Pushkar Singh Dhami government celebrated the successful grounding (bringing onto the ground/implementation) of investments worth Rs 1 lakh crore that have materialized in Uttarakhand after the Global Investors Summit held in December 2023. On this occasion, the Home Minister lavishly praised the State Government's efforts and assured full assistance from the Central Government. While addressing the Uttarakhand Investment Utsav - 2025 at the Sports Stadium in Rudrapur, Home Minister Amit Shah referred to the valedictory session of the Uttarakhand Global Investors Summit held in December 2023 and said that at that time he had told Uttarakhand Chief Minister Pushkar Singh Dhami that the State Government's real achievement would be to bring the Rs 3.56 lakh crore worth of MoUs signed at the summit down to the ground (into implementation). He said he is now pleased that, despite many challenges, the Chief Minister's team has brought investment of Rs 1 lakh crore to the ground. This has cleared the way for the creation of 81,000 new jobs. In addition, through ancillary industries, there is hope for generating more than 2.5 lakh (250,000) additional new jobs. The Home Minister said that industries are also being set up in Uttarakhand's secondary and tertiary (Tier-2 and Tier-3) cities. The State Government, while establishing a balance between development and the environment, has succeeded in drawing a new blueprint for growth with transparency in policy, speed in implementation, and farsightedness in vision. He said that the Atal Bihari Vajpayee Government created three new states -- Uttarakhand, Jharkhand, and Chhattisgarh. Today all three are standing on their own feet. After 2014, since the Modi Government came to power at the Centre, there has been a continuous "double-engine" government in Uttarakhand. He said that Prime Minister Narendra Modi has, while sketching out a roadmap for national development, created new records in every field. Atal ji left the country's economy at 11th position; Modi ji has brought it to 4th. Now in 2027 we are going to become the world's third largest economy. Modi ji has lifted 25 crore (250 million) people above the poverty line. The Modi Government is providing food security to the poor by giving 5 kg of free grain, and also providing free treatment up to ₹5 lakh to 55 crore (550 million) people. During this period, for the first time piped water reached 16 crore (160 million) homes; toilets were provided in 12 crore households; 13 crore families received free LPG cylinders. In Modi Government's tenure, electricity reached 3 crore homes for the first time; 4 crore people were given permanent (pucca) houses. The Union Home Minister said that Modi ji has envisioned a Developed India by 2047, but without a Developed Uttarakhand this goal cannot be achieved. For the country's overall development, the progress of smaller states -- including the northeastern states -- is also essential. The Government is paying special attention to this. He said Prime Minister Modi leaves no stone unturned in the development of Uttarakhand. Praising the efforts of the Pushkar Singh Dhami Government, he said that several initiatives -- such as promoting investment through tourism, MSMEs, startup and film policies -- have created an investment-friendly environment in the state. In the coming time, Ayurveda, Yoga, naturopathy/ natural treatments, and organic farming will become the foundation of Uttarakhand's development. Congratulating the Chief Minister for the successful grounding of ₹1 lakh crore, he said that the remaining investment targets should be brought to the ground tirelessly, and the Central Government is ready to extend full cooperation in this work. On this occasion Chief Minister Shri Pushkar Singh Dhami, welcoming Union Home & Cooperation Minister Shri Amit Shah, said that today we are celebrating the successful grounding of more than ₹1 lakh crore from the Uttarakhand Global Investment Summit. He said today's celebration is not only about financial investment, but is a reflection of inclusive development based on Uttarakhand's rich potential, entrepreneurial spirit, and public participation -- which will take the state to new heights of self-reliance and industrial prosperity. The Chief Minister said that out of investment agreements worth more than Rs 3.56 lakh crore under the Global Investors Summit 2023, investment proposals exceeding Rs 1 lakh crore have been successfully brought onto the ground. Today Uttarakhand is touching new heights in the fields of investment, innovation, and industrial development. He said that planned, systematic work is being done across the country to realize the Prime Minister's resolve of a Developed India. The Chief Minister said the State Government is continuously working toward industrial development in the state. More than 30 policies -- including the Industrial Policy, Logistics Policy, Startup Policy, MSME Policy -- have been implemented to provide a better environment for industries in the state. A venture fund of ₹200 crore has been set up for startups. The "Nivesh Mitra" (Investment Friend) facility is being provided to promote investment in the state. Aroma Park in Kashipur, Plastic Park in Sitarganj, Electronics Manufacturing Cluster in Kashipur, and a Multimodal Logistics Park in Pantnagar have been established. The Industrial Smart City to be set up at Khurpia (Khurpya) at a cost of about Rs 1,300 crore will also prove important for Uttarakhand's industrial development. The Chief Minister said that Uttarakhand has been placed in the "Achievers" category in Ease of Doing Business and in the "Leaders" category in Startup rankings. More than 260 business services are being provided online in the state.
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 >
nion Minister of State for Labour and Employment Shobha Karandlaje cited statistics in the Lok Sabha on Monday to show that youth unemployment rates in India were lower than global levels. The minister cited a report by the International Labour Organisation's (ILO) Institute for Human Development (IHD) which states that the worldwide youth unemployment rate was 15.6 per cent in 2021. Further, as per World Employment and Social Outlook Trends, 2024 by ILO, globally, in 2023, the youth unemployment rate was 13.3 per cent. On the other hand, the latest annual Periodic Labour Force Survey (PLFS ...Read More >
The Cure SMA Foundation of India has praised the government’s recent efforts to address rare diseases, including Spinal Muscular Atrophy (SMA), with over Rs 900 crore allocated for treatment procurement. The foundation urges swift action to implement the procurement process within 45 days, following the Delhi High Court’s directive. SMA, a life-threatening genetic disease, has limited treatment access in India. While the drug Risdiplam has brought hope, collaborative efforts are needed to ensure wider availability. Experts stress the importance of a holistic approach to SMA care, citing Kerala ...Read More >
Small-cap Stock: Krystal Integrated Services Limited (Krystal) share price rose 5 per cent to ₹779.3 on Tuesday, November 26 after the company announced receiving a ₹106.3 crore contract from the Brihanmumbai Municipal Corporation (BMC). The contract, valued at ₹1,062.99 million ( ₹106.3 crore), covers three years and involves providing comprehensive attendant manpower services to BMC's Education and Security Departments. This initiative is aimed at improving public sector operational efficiency in Mumbai. Small-cap stock Krystal Integrated Services share was trading in the green, up 3.07 pe ...Read More >
While Trent Boult was signed for Rs 12.50 crore, the Mumbai-based franchise spent an amount of Rs 9.25 crore to land Deepak Chahar. Mumbai Indians' have assembled a lethal pace attack at the two-day IPL 2025 auction held in Jeddah (Saudi Arabia). The five-time IPL champions had already retained their star pacer Jasprit Bumrah ahead of the auction. At the mega auction, MI decided to acquire the services of two other quality fast bowlers - Trent Boult and Deepak Chahar. While Boult was signed for Rs 12.50 crore, the Mumbai-based franchise spent Rs 9.25 crore to land Chahar. Reacting to the po ...Read More >
Assam's 75th Constitution Day highlighted the importance of the Indian Constitution, with CM Himanta Biswa Sarma commemorating the contributions of freedom fighters and Dr. BR Ambedkar. The event, held in Guwahati, underscored the Constitution's reflection of India's cultural heritage and its role in ensuring equality, freedom, and justice for all citizens. Assam Chief Minister Himanta Biswa Sarma participated in the 75th Constitution Day celebrations in Guwahati, emphasizing the significance of the Indian Constitution. This annual observation, assigned by Prime Minister Narendra Modi in 2015 ...Read More >
The Indian government launched the Rs. 1,435 crore PAN 2.0 project. Announced by Information and Broadcasting Minister Ashwini Vaishnaw, the project aims to establish the PAN number as a common business identifier across all government digital systems. PAN 2.0 Project Launch The Rs. 1,435 crore PAN 2.0 the project aims to establish the PAN number as a common business identifier across all government digital systems. CCEA Approval The Cabinet Committee on Economic Affairs (CCEA) approved the project under the Income Tax Department. As per Information and Broadcasting Minister Ashwini Vaish ...Read More >
Mumbai Indians (MI) made strategic moves in the IPL 2025 mega-auction, securing New Zealand pacer Trent Boult for ₹12.50 crore. MI owner Akash Ambani praised Boult’s invaluable skill in swinging the new ball, acknowledging the team’s struggles when he wasn’t playing for them in recent years. The franchise also acquired England’s Reece Topley for ₹75 lakh and New Zealand spinner Mitchell Santner for ₹2 crore. MI further strengthened their spin department by signing young Afghan talent Allah Ghazanfar for ₹4.80 crore, who has impressed with his performances in international cricket. ...Read More >
Parth Jindal penned an emotional farewell note for Rishabh Pant who played nine years for the Delhi Capitals. After nine years with the Delhi franchise, Rishabh Pant will play for the Lucknow Super Giants in the upcoming IPL season. Delhi Capitals' co-owner Parth Jindal on Tuesday (November 26) lamented Rishabh Pant's departure from the franchise and hoped to reunite in the foreseeable future. Capitals had released their captain Pant ahead of the IPL mega auction where he drew a record bid of Rs 27 crore from LSG. DC even tried to get their captain back on day one of the auction but could no ...Read More >
The BE 6e, just as its name sounds, stands out as a futuristic, power-packed, and sporty electric Mahindra SUV on Indian roads. The highly anticipated Mahindra BE 6e, an all-electric compact SUV, has been finally launched at an introductory price of Rs 18.9 lakh (ex-showroom). Globally revealed alongside its sibling, the XEV 9e, this born-electric offering from Mahindra seems to be good enough (on-paper) to position itself as India's answer to luxury compact SUVs from global brands. With its futuristic design, a wealth of modern features, and an impressive power output - the highest in its fa ...Read More >
ess than 24 hours after he asserted in Nigeria's Abuja that stepping out of the comfort zone, innovating and creating new paths has now become the very essence of today's India, Prime Minister Narendra Modi on Monday told the gathering of world's most influential leaders converged in Rio de Janeiro for the G20 Summit that the main reason for India's success lies in his government's 'back to basics' and 'march to the future' approach. Addressing the G20 session on 'Social Inclusion and the Fight Against Hunger and Poverty' at the bayside museum of modern art during the two-day 19th G20 Summit, ...Read More >
New Delhi [India], November 18 (ANI): Bharatiya Janata Party leader and in-charge of the party's National IT Department, Amit Malviya, on Monday, criticised the Congress party's 'hypocrisy' over their stance on the Adani Group, pointing to past investments and agreements made with the corporate conglomerate by Congress-ruled states. Taking to social media platform X, Malviya referenced Telangana Chief Minister Revanth Reddy's recent "public admission of accepting money" from the Adani Group on November 10, 2024, pointing out that this acknowledgment contradicted Congress leader Rahul Gandhi's ...Read More >
Hyderabad (Telangana) [India] November 18 (ANI): Bharatiya Janata Party MP K Laxman slammed Telangana Chief Minister Revanth Reddy, accusing the Congress party of 'misleading' people. He further said that the people of Maharashtra know "how to teach a lesson" to Congress. "Revanth Reddy as a CM of Telangana and as a Congress leader is misleading the public. Maharashtra people are clever enough they know how to teach a lesson to these Congress people and Revanth Reddy you will come to know what has happened in Haryana that is going to be repeated in Maharashtra, and Jharkhand also," K Laxman ...Read More >
Mumbai, November 26: The final allotment for the NTPC Green Energy IPO has been confirmed, and investors can now check their status through bank debit messages or online platforms such as the BSE, NSE, and Kfin Technologies. The shares of NTPC Green Energy, which opened for subscription on November 19 and closed on November 22, are set to be listed on the stock exchanges on Wednesday, November 27, 2024. The public offering received strong investor interest, with the issue oversubscribed by 2.42 times, according to the National Stock Exchange (NSE). Analysts maintain a positive long-term outlo ...Read More >
Vaibhav Suryavanshi, a 13-year-old cricket prodigy, becomes the youngest player signed for IPL, bought by Rajasthan Royals for Rs 1.10 crore. His achievement has sparked pride in his hometown, with family replaying a vital role in his journey. Vaibhav marks a new era for young talent in cricket. In a groundbreaking moment for Indian cricket, 13-year-old Vaibhav Suryavanshi has made history by becoming the youngest player ever signed by the Indian Premier League (IPL). Acquired by the Rajasthan Royals for a staggering Rs 1.10 crore during the IPL 2025 auction, Vaibhav's remarkable achievement ...Read More >
Union Minister of Rural Development and Agriculture & Farmers' Welfare Shri Shivraj Singh Chouhan launched the third edition of Nayi Chetna - Pahal Badlaav Ki, a national campaign against gender-based violence, at Rang Bhawan Auditorium, New Delhi yesterday. Delivering his address, Shri Chouhan stated that the Government has taken a slew of initiatives for women's economic and social development. He stressed that gender-based violence is not an issue that persists in rural areas, but in urban areas as well. He said with the presence of Union Minister of Women and Child Development Smt. Annpurn ...Read More >
Bigg Boss 18: Shilpa Shirodkar is termed 'biggest backstabber' after Vivian Dsena... Deepak Kalal fights with passenger in flight? Know the truth behind viral video Delhi court fixes Nov 28 for hearing former CM Arvind Kejriwal's plea over sanction copy in... Where will the Champions Trophy 2025 be played? ICC to take final call on THIS date Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan recalls telling Amitabh Bachchan he made 'big mistake' by... Deepinder Goyal's Zomato opens Rs 8500 crore QIP share sale, sets floor price at Rs... Delhi Capitals co-owner pens emotional fare ...Read More >
The Supreme Court on Monday stayed further recovery of an outstanding tax demand from news portal NewsClick, directing the company's banker not to release any more money to the tax department based on a 2023 notice, and allowing the portal to use its two bank accounts for daily operations. The order was passed by a bench headed by justice BV Nagarathna on an application moved by PPK Newsclick Studio Limited, which alleged that ICICI Bank was not allowing the company to use its accounts despite a top court order to this effect passed on August 9. The tax department had raised the demand again ...Read More >
Severe air pollution in northern India has led to a surge in demand for respiratory medications, with Foracort becoming India’s top-selling drug in October. The inhaler, used to treat asthma and COPD, recorded Rs 75 crore in sales, surpassing popular medicines like Augmentin and Glycomet-GP. Manufactured by Cipla, Foracort combines budesonide and formoterol for effective dual-action therapy. Other respiratory drugs, Duolin and Budecort, also saw increased sales. With Delhi’s Air Quality Index reaching hazardous levels, the rise in respiratory issues underscores the urgent need for better healt ...Read More >
Infosys has announced an average 85% performance bonus for eligible employees in Q2 FY25, reflecting its strong financial performance. The bonus, paid to mid- and junior-level staff, will be credited with the November salaries, with individual payouts varying based on performance. This follows Infosys' impressive 4.7% rise in Q2 net profit and a revenue increase of 5.1%, leading to an upward revision of its FY25 revenue guidance. The bonus payout surpasses the previous quarter's 80%, with Infosys outpacing rivals like TCS. Employees are also awaiting salary hikes, with revisions expected from ...Read More >
Leader of Opposition in Punjab Assembly, Partap Singh Bajwa, has accused two top AAP leaders of backing separate candidates for the Barnala assembly bypoll on November 20. Bajwa claimed that while one leader is supporting the official AAP candidate, the other is backing a rebel candidate. He urged the public to reject both and vote for the Congress candidate. Bajwa also took a jibe at Punjab Chief Minister Bhagwant Mann, suggesting he could become Punjab's "Eknath Shinde" after reportedly being in contact with the Union Home Ministry through a Punjab-based Union minister. ...Read More >
SynopsisOn the technical charts, the RSI of the stock stood at 49.49.Shares of Bajaj Holdings & Investment Ltd. traded 1.41 per cent at Rs 10447.00 at 01:30PM (IST) on Tuesday, even as BSE benchmark Sensex 227.01 points to 79882.84. The stock had closed at Rs 10596.80 in the previous session. The stock quoted a 52-week high price of Rs 11348.50 and 52-week low of Rs 7212.00, respectively. As per BSE data, total traded volume on the counter till 01:30PM (IST) stood at 638 shares with a turnover of Rs 0.68 crore. At the prevailing price, shares of the company traded at 15.71 times its trailing ...Read More >
During Tuesday's trading session, the shares of a global leader in glass-lined equipment surged nearly 3 percent to Rs. 1,247.5 on BSE, after a foreign portfolio investor (FPI) bought shares worth a total of around Rs. 167.4 crores in the company via a bulk deal. With a market capitalisation of Rs. 5,524 crores, at 02:19 p.m., the shares of GMM Pfaudler Limited were trading in the green at Rs. 1,228.7, up by nearly 1.4 percent, as compared to its previous closing price of Rs. 1,211.3. As per the latest block deal available with the NSE, foreign portfolio investor Amansa Holdings Private Limi ...Read More >
CHENNAI: Singles, Doubles, and the Team Championship - the 18-year-old Chennai girl, the daughter of an auto driver from Kasimedu, left nothing for competitors from around the world at the sixth edition of the Carrom World Cup held in the US which Team India swept. The Women's Singles final was a hard-fought contest, where the 18-year-old M Khazima kept her nerves to defeat 12-time national and multiple World Cup winner Rashmi Kumari from Bihar. With this victory, Khazima became the youngest Carrom World Champion. Khazima, whose father Mehaboob Basha is an auto driver from Kasimedu, had been ...Read More >
HYDERABAD, India, Nov. 26, 2024 /PRNewswire/ -- IBSAT 2024, the proctored online aptitude test conducted by The ICFAI Foundation for Higher Education, is MBA aspirants' gateway to premier MBA, PGPM offered at nine ICFAI Business School (IBS) campuses. With applications closing in the third week of December, this is the perfect time for the candidates to secure their future with IBS and explore its Rs. 10 crore scholarship program. IBSAT is designed to reduce the stress on aspirants unlike CAT, XAT as the test does not have negative markings or sectional time limits, allowing candidates to foc ...Read More >
Delhi Capitals made a strong impression at the IPL 2025 Mega Auction, assembling a well-balanced squad for the upcoming season. Key signings included former South Africa captain Faf du Plessis (Rs 2 crore), India pacer Mukesh Kumar (Rs 8 crore - RTM), and Sri Lankan bowler Dushmantha Chameera (Rs 75 lakh). The team also secured uncapped talents like Donovan Ferreira and Ajay Mandal. Co-owner Parth Jindal hailed the squad as “balanced,” while head coach Hemang Badani expressed confidence in their Indian core. Delhi Capitals’ full squad now includes big names like KL Rahul, Mitchell Starc, and T ...Read More >
The IPL 2025 mega auction, held on November 24-25 in Jeddah, saw a record-breaking total of Rs 639.15 crore spent by 10 teams on acquiring 182 players. Among the 577 players up for grabs, 13 Australians were sold, with pacer Josh Hazlewood fetching the highest bid at Rs. 12.50 crore from Royal Challengers Bangalore. Other notable signings included Mitchell Starc (Rs. 11.75 crore, Delhi Capitals), Marcus Stoinis (Rs. 11 crore, Punjab Kings), and Mitchell Marsh (Rs. 3.4 crore, Lucknow Super Giants). Punjab Kings made a significant splash, purchasing five Australian players, including Glenn Maxwe ...Read More >
Major blast outside Badshah's nightclub in Chandigarh, glass window shatters; no casualty Amid linkup rumours with Abhishek Bachchan, Nimrat Kaur says 'that spotlight belonged to you': 'Main ta bahut lucky..' 'One Nation One Subscription': Centre's scheme to ensure access to research articles, journals EXPLAINED Shillong Teer Results TODAY November 26, 2024: Check winning numbers here Meet woman who has become the youngest to travel all 195 countries, she is from... Kerala lottery TODAY November 26 Live Sthree Sakthi SS 443 Tuesday, check winning ticket, prize money here The Matrix villa ...Read More >
In a significant drug bust in Mizoram's capital, Aizawl, police seized over 8 kg of heroin valued at Rs 2.41 crore. Three people were arrested after a CID team intercepted two vehicles carrying narcotics. The heroin was hidden in foreign cigarette packets and is the state's largest seizure. In a landmark operation, Mizoram police have successfully seized over 8 kg of heroin with a street value of Rs 2.41 crore in the capital city of Aizawl -- a record-breaking haul for the state. The operation was executed by a special branch of the CID, who acted on a tip-off and intercepted two vehicles in ...Read More >
Defying pollsters, exit polls, and predictions, the BJP scored a hat trick in Haryana, albeit with a narrow lead in the recent Assembly election. It formed a government on its own sans any ally, and Chief Minister Nayab Singh Saini assumed office for a second consecutive term with relative ease. But the euphoria did not last long. In the first Assembly session convened after the new government took over, the opposition, led by the Congress and the electorally diminished Indian National Lok Dal, attacked the government on the issue of fertilizer shortages in the sowing season. The government d ...Read More >