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: Uranium is one of the critical raw materials for nuclear weapons, and today, it stands at the center of global concern among the world's major powers. The recent Iran-Israel conflict is the latest example of this. Israel, during the 12-day-long war, launched brutal attacks on Iran's nuclear facilities, fearing that Iran was getting dangerously close to developing a nuclear bomb. The world today knows that whoever controls uranium holds the key to becoming a nuclear power. Australia has the largest uranium reserves in the world, yet it has no nuclear power plants and no nuclear weapons. It's the same country that supplies uranium to other nations but doesn't use it to generate electricity or build weapons itself. Australia's anti-nuclear movement is the main reason why the country is keeping it away from nuclear power. Ordinary citizens, environmental groups, and activists have consistently opposed nuclear energy and weapons since the 1970s. In 1972, France's nuclear tests triggered protests, and later in 1976-77, Australia's own uranium mining sparked major controversy. Organizations like the Movement Against Uranium Mining and the Campaign Against Nuclear Energy led widespread opposition. Governments changed, policies shifted, but public sentiment remained firm: no to nuclear.
Iran plans to significantly expand its uranium enrichment capacity, raising proliferation concerns despite claims of peaceful intent Iran has informed the UN nuclear watchdog that it plans to install more than 6,000 extra uranium-enriching centrifuges at its enrichment plants and bring more of those already in place online, a confidential report by the watchdog said on Thursday. The International Atomic Energy Agency report seen by Reuters details what Iran meant when it said it would add thousands of centrifuges in response to a resolution against it that the IAEA's 35-nation Board of Gover ...Read More >
New Delhi: Despite the attacks by America and Israel, Iran's nuclear programme has not been completely destroyed. This big revelation has been made by Rafael Grossi, the head of the United Nations nuclear monitoring agency IAEA. He says that Iran can resume uranium enrichment in a few months, that is, it is very close to making a nuclear bomb. He claims that Iran's technical and industrial capabilities are still intact. This statement directly challenges the claim of US President Donald Trump, in which he said that America had "completely destroyed" Iran's nuclear bases and "pushed the countr ...Read More >
New Delhi: The Centre is exploring the option of converting retired coal-based power plants to nuclear plants, said two people in the know of the developments. The need for conversion arises due to the requirement of large land parcels for nuclear plants even as the government aims to install over 22 GW of nuclear capacity by 2032 and 100 GW by 2047 from the current 8.7 GW. The government has already asked states to come up with plans to set up at least one nuclear plant each. "The possibility of converting retired thermal plants is being looked at and talks are underway within the governme ...Read More >
NEW DELHI: In a big boost for India's civil nuclear energy production, the indigenously designed and built Prototype Fast Breeder Reactor (PFBR) at Kalpakkam in Tamil Nadu has attained criticality.Congratulating Indian scientists and engineers on the reactor attaining criticality, PM Narendra Modi posted on X, "Today, India takes a defining step in its civil nuclear journey, advancing the second stage of its nuclear programme."This advanced reactor, capable of producing more fuel than it consumes, reflects the depth of our scientific capability and the strength of our engineering enterprise. I ...Read More >
New Delhi: Union Minister for New and Renewable Energy (MNRE) Pralhad Joshi on Wednesday said that India has ranked third globally in renewable energy installed capacity, surpassing Brazil. According to the latest data released by the International Renewable Energy Agency (IRENA), domestic installed renewable energy capacity stood at 250.52 GW as of December 2025, placing the country behind China and the US, while moving ahead of Brazil and Germany in the global rankings. The minister told the media that the country added a record 55.3 GW of non-fossil fuel capacity during 2025-26, which is ...Read More >
New Delhi [India], July 16 (ANI): The Indian Embassy in Iran issued a travel advisory on Wednesday, urging Indian nationals to avoid non-essential travel to Iran. The advisory comes amid rising security concerns in the region over the past several weeks. https://x.com/India_in_Iran/status/1945190015501234391 'In view of the security-related developments over the past several weeks, Indian nationals are advised to carefully consider the evolving situation before undertaking non-essential travel to Iran,' the Indian Embassy said on X. Further embassy also 'advised to continue to monitor the ...Read More >
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 years, basic accounts/PM Jan Dhan Yojana accounts, or those opened before July 31, 2025.Meanwhile, HD ...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 >
New Delhi, Oct 17 (PTI) India's most complex atomic power plant -- the Prototype Fast Breeder Reactor -- moved a step forward as engineers started loading fuel into the unit, which will be the only second of its kind in the world. The Atomic Energy Regulatory Board (AERB) granted permission for loading fuel into the 500 MWe Prototype Fast Breeder Reactor being developed by the Bhartiya Nabhikiya Vidyut Nigam (BHAVINI) at Kalpakkam in Tamil Nadu. "We faced technical problems in loading the fuel in March last year. We have solved those problems, and got the regulatory clearance to load fuel on ...Read More >
NEW DELHI, March 2 (Xinhua) -- India and Canada on Monday signed a long-term deal worth 1.9 billion U.S. dollars for uranium supply aimed at expanding nuclear energy generation projects in India. The significant deal was inked in the presence of visiting Canadian Prime Minister Mark Carney and Indian Prime Minister Narendra Modi. Carney was in New Delhi on a four-day official visit. The uranium supply deal would contribute towards India's vision for its nuclear power program under the federal government's ambitious "Viksit Bharat" (Developed India) initiative, and also achieve 100 GW of nucl ...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 >
New Delhi: The three-year-old war between Russia and Ukraine is not coming to an end, rather the war between the two countries seems to be reaching a dangerous turn. After the destruction caused by Ukraine's drone attack by entering Russia and Putin's retaliation on it, the threat of a nuclear showdown has increased. Military experts say that if Ukraine loses, then European countries will be Russia's next target directly. Ukraine currently acts as a buffer zone between Russia and Europe. As soon as it surrenders its weapons, Russia will reach directly to the European border. French President ...Read More >
Shimla: Heavy rains lashed Himachal Pradesh on Sunday, triggering landslides and flash floods and blocking more than 100 roads, even as the weather department issued a red alert.A landslide at Chakki Mod near Parwanoo blocked the Chandigarh-Shimla highway for hours, resulting in a massive traffic jam Sunday morning. The local administration had to divert traffic through the Jangeshu link road until the landslide debris was cleared at Chakki Mod.The traffic was first restored one-way and later two-way, but the traffic jam continued on both sides of the highway throughout the day due to slow veh ...Read More >
India will be able to address the apprehensions of the private sector globally about investments in the civil nuclear sector, which was opened up to achieve the ambitious target of producing 100 GW of atomic power by 2047, Union Minister Jitendra Singh has asserted. Mr. Singh, who oversees the Department of Atomic Energy, said changes in relevant rules and legislations will have to be made to facilitate the entry of the private sector in the field of nuclear energy, which currently is under tigh ...Read More >
Surat (Gujarat) [India], April 7 (ANI): India possesses vast nuclear energy resources, particularly thorium reserves, that can generate around 5,000 units of electricity per person per year for nearly 500 years, but greater public awareness is needed to address safety concerns and accelerate adoption. Speaking to ANI on India's advancing nuclear programme, Senior Scientist, Department of Atomic Energy, Neelam Goyal said that electricity remains the backbone of India's economy, supporting agriculture, industry and services. Also Read | 'Completely False': Sundar C and Wife Khushbu Slam Fake M ...Read More >
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New Delhi: Twelve days of war. Three direct U.S. strikes. One bill. One signature. That is all it took to change the tone in Tehran. Iran's parliament passed a new law last week. President Masoud Pezeshkian signed it into force. With that, Iran began cutting ties with the world's nuclear watchdog - the International Atomic Energy Agency (IAEA). This is not merely another diplomatic rebuke. It is the beginning of a different phase. One that nuclear experts say could lead somewhere far more dangerous. After the United States dropped bunker-busting bombs on Fordow, Isfahan and Natanz, Washingto ...Read More >
Over the course of the day, PM Modi logged nearly 4.5 hours of air travel, including 2 hours of chopper rides, to connect with people and projects across multiple states Prime Minister Narendra Modi's day on September 25th was marked by a hectic schedule and diverse engagements, reflecting both his pace of work and his outreach across multiple sectors, despite being on a 9-day fast during Navratri. Over the course of the day, PM Modi logged nearly 4.5 hours of air travel, including 2 hours of c ...Read More >
New Delhi [India], December 5 (ANI): Russia has reaffirmed its long-standing energy partnership with India, with President Vladimir Putin declaring that Moscow will remain a steady, uninterrupted supplier for the country's fast-growing economy. While adressing the joint press address with Prime Minister Narendra Modi, he said the two countries are seeing "successful partnership in energy," adding that "Russia is a reliable supply of oil, gas, coal and everything that is required for the development of India's energy. We are ready to continue uninterrupted shipments of fuel for the fast-growin ...Read More >
New Delhi, Apr 2 (PTI) NTPC on Thursday said it generated 432.2 billion units of electricity and achieved highest every capacity addition of 9,619 MW in fiscal year 2025-26. NTPC added 5,488 MW of renewable capacity in FY26 across solar, wind, and Pumped Storage Projects (PSP), a company statement said. In FY26, NTPC achieved coal production of 48.65 million tonne, registering a steady 6.22 per cent year-on-year (YoY) growth. The company also recorded a strong growth in power trading, with 46.52 billion units traded in FY26, marking 13 per cent year-on-year growth. NTPC achieved 105 per cent ...Read More >
HYDERABAD: Union Home Minister Amit Shah on Sunday ruled out any talks with Maoists and said the cadre of the proscribed outfit should give up arms, surrender before police, and join the mainstream. Addressing a rally after inaugurating the National Headquarters of the Turmeric Board in Nizamabad in Telangana, Shah also said Congress leader Rahul Gandhi, who is still raising questions on Operation Sindoor, should see the weak appearance of Pakistan to understand the effectiveness of the Operation. "Congress asks (the Centre) to hold discussions with these people (Maoists). Our government's p ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
New Delhi: Congress MP Shashi Tharoor on Wednesday described the government's nuclear energy bill as a "dangerous leap into privatised nuclear expansion" without adequate safeguards and asserted that the pursuit of capital cannot be allowed to override the requirements of public safety, environmental protection and victim justice. Participating in a debate on the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill in the Lok Sabha, Tharoor claimed that the proposed legislation is ridden with exceptions, heavy on discretion and largely indifferent to p ...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 >
New Delhi [India], April 8 (ANI): NTPC Limited has entered into a non-binding Memorandum of Understanding (MoU) with Électricite de France (EDF) to jointly explore opportunities for developing nuclear power projects in India. This follows approval from the concerned ministries & departments of the Government of India. The MoU was signed by Arnada Prasad Samal, CGM (Nuclear Cell), on behalf of NTPC, and Vakisasi Ramany, Senior Vice President, International Nuclear Development, on behalf of EDF. According to a statement released by NTPC, "The MoU establishes a framework for both companies to ...Read More >
Guwahati, June 6 (UNI) Assam Chief Minister Himanta Biswa Sarma, while slamming Congress MP Rahul Gandhi for his 'surrender Modi' jibe, took his followers through a "reality check" as to which party and family surrendered India's interest and territory. "Rahul Gandhi has the audacity to mock the Prime Minister despite the massive success of OperationSindoor . Let's jog his memory as to which party and family has surrendered India's interest and territory, and backstabbed the people with their treachery," said the Assam Chief Minister on his X handle. "1947-48 - PoK Betrayal: It was Nehru who ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >
India fondly remembers Dr. A.P.J. Abdul Kalam, one of its most beloved leaders, scientists, and visionaries, on his birth anniversary. Known as the People's President and the Missile Man of India, Dr. Kalam's life continues to inspire millions across generations. His words, rooted in humility, optimism, and faith in youth, remain timeless reminders of the power of dreams and perseverance. Who Was Dr. A.P.J. Abdul Kalam? Born on October 15, 1931, in Rameswaram, Tamil Nadu, Avul Pakir Jainulabdee ...Read More >
New Delhi: The name Fordow has been whispered in intelligence circles for years. Buried deep under Iranian mountains, hidden from satellites, built to survive. Western agencies first exposed it in 2009. Since then, it has been one of the most closely watched nuclear sites in the world. Now it is at the heart of a question echoing across diplomatic and defense briefings - did the U.S. airstrikes really obliterate Iran's nuclear ambition? A leaked U.S. Defense Intelligence Agency (DIA) report offers an early estimate. It suggests the attacks delayed Iran's nuclear progress by months, not years ...Read More >
NEW DELHI - As India and Singapore explore newer areas of cooperation such as nuclear energy and green initiatives, Deputy Prime Minister Gan Kim Yong said the two Asian partners needed to collaborate even more, given the increasingly "volatile landscape" globally. DPM Gan, who was on an official trip to India earlier this week, visited the financial capital Mumbai on Aug 12 to look at Singapore projects. He then led the Singapore delegation at the third edition of the India-Singapore Ministerial Roundtable (ISMR) in the capital city New Delhi on Aug 13. The ISMR, which held its first meet ...Read More >
New Delhi, Mar 2 (PTI) Amazon India on Monday announced 'Zero Referral fee' on more than 12.5 crore products, a move, the ecommerce giant said, aims to accelerate growth for lakhs of sellers across the country. Building on last year's fee revision, the company has expanded zero referral fees coverage more than 10-times from 1.2 crore products in 2025 to over 12.5 crore products priced under Rs 1,000 across 1,800-plus categories, the company said in a release. In addition, Amazon has reduced Easy Ship fees by over 20 per cent for products priced below Rs 300. Easy Ship allows sellers to stor ...Read More >