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.
Hyderabad: On a Sunday morning, students of Mahindra University came in for a last formal academic event, the convocation, before they became a part of the real world. In a befitting manner, they got some advice from Mahindra Group chief and university Chancellor Anand Mahindra and Dr Reddy's Laboratories co-chairman and managing director G.V. Prasad. They shared some life lessons with the students at the fourth annual convocation of Mahindra University. They wanted the young to pick up lessons
Bengaluru, 4th December 2024- PURE EV, one of India's leading electric two-wheeler manufacturers, has unveiled an ambitious roadmap to strengthen its presence nationwide and expand globally while introducing innovative solutions for sustainable mobility. Over the next 30 months, the company aims to add 250 new dealerships, taking its total network to over 320 across India. The expansion will be driven by the growing demand for long-range scooters, electric motorcycles, large B2B contracts, and the company's entry into the house-hold brand space. Dr. Nishanth Dongari, Founder & MD of PURE EV, ...Read More >
Kolkata: A law student of a south Kolkata college was allegedly gang-raped at the campus security guards' room on Wednesday evening after being offered a key union post.Cops arrested three persons -- college alumnus and ad-hoc staff Manojit Mishra and current students Pramit Mukherjee and Zaib Ahmed -- after a medical test on the survivor corroborated her complaint. Mishra was thrown out of the college's Trinamool unit in 2021 and graduated in 2022, after which he started practising law. He, however, returned to the college recently as an ad-hoc non-teaching staff member. First-year student Mu ...Read More >
Bengaluru, Dec 11 (PTI) The National Law School of India University, which has pioneered and developed an integrated five-year BA LLB (honours) degree that transformed Indian legal education, has now come up with a three-year (honours) BA course with an option of an additional fourth year. The first cohort of the programme will be admitted in July 2025, the NLSIU said. "We are looking to develop something that is responsive to 2025, but is completely different," the NLSIU Vice Chancellor Sudhir Krishnaswamy said at the launch of the programme. He said the university will teach the social sc ...Read More >
New Delhi, Jun 6 (PTI) The decision of the Reserve Bank to cut policy rate by 50 basis points will have a positive impact on the automobile sector as it will make loans cheaper, industry body SIAM said on Friday. The RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25. Following the rate cut, the key policy rate eased to a three-year low of 5.5 per cent, providing relief to home, auto and corporate loan borrowers. "Such reduction in repo rates would have a positive impact on the auto sector since ...Read More >
Hisar, Jun 26 (PTI) Protesting Haryana Agricultural University (HAU) students on Thursday said that they haven't withdrawn their agitation and will only do so once a formal order addressing their agreed-upon demands is issued. An agreement was reached between the protesting HAU students and the state government on Wednesday, reportedly after most of their demands in connection with the alleged June 10 assault on students were accepted. Also Read | What Are the New Metro Compensation Rules in India? Ministry of Housing and Urban Affairs Enhances Payouts for Death and Severe Injuries; Check De ...Read More >
A Delhi University panel's decision to drop proposed postgraduate Political Science papers on Islam, Pakistan, and China has failed to find consensus among the members. Photograph: Courtesy @UnivofDelhi/X While some called it ideological censorship, those who supported the decision termed it a step towards making the syllabus "India-centric" and free from bias. In its meeting on Wednesday, DU's Standing Committee for Academic Matters directed the removal of four elective papers -- Islam and In ...Read More >
Gorakhpur (UP), Jun 27 (PTI) Chief Minister Yogi Adityanath on Friday conducted an extensive review of the preparations for President Droupadi Murmu's upcoming visit to the state's first AYUSH University in Pipri, Bhathat, the Uttar Pradesh government said in a statement. The chief minister directed senior officials to ensure exceptional arrangements in terms of security, convenience and cleanliness for the president's visit so that the event becomes an unforgettable memory for her, the statement said. President Murmu is scheduled to inaugurate the Mahayogi Guru Gorakhnath AYUSH University o ...Read More >
Chandigarh: Haryana chief minister Nayab Singh Saini on Tuesday said the state govt was consistently working to provide better resources to the doctors and quality healthcare services to the citizens.He mentioned that medical colleges were being established in every district.While there were only six medical colleges in 2014, the number has now increased to 15, and nine new colleges are under construction. As a result, MBBS seats in the state increased from 700 in 2014 to 2,185, at present. The state govt aims to increase the MBBS seats to over 3,400 by 2029, said Saini.The CM was addressing a ...Read More >
NEW DELHI: Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development business of the Mahindra Group, has reported net consolidated loss after tax of Rs 22.47 crore during the quarter ended December 31, 2024. It had registered profit after tax of Rs 50.02 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at Rs 185.77 crore in Q3 FY25, a growth of 109.27 per cent from Rs 88.77 crore it recorded in the similar quarter last year. Amit Kumar Sinha, managing director & CEO of the ...Read More >
Mumbai: Dr Reddy's Laboratories has entered into a collaboration with Reykjavik, Ireland-based biotech company Alvotech to co-develop, manufacture and commercialise a biosimilar version of blockbuster cancer drug Keytruda for the global markets. Keytruda (generic name is pembrolizumab), manufactured and marketed by Merck & Co, is the most successful medicine, recording worldwide sales of $29.5 billion in 2024. It is used to treat multiple forms of cancer. Under the terms of the agreement, both companies will be jointly responsible for developing and manufacturing the biosimilar candidate and ...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 >
New Delhi: The Jawaharlal Nehru University (JNU) has started the PhD admission process for the academic year 2025-26 but the Jawaharlal Nehru University Students' Union (JNUSU) launched an indefinite hunger strike on Thursday night in protest against exclusion of June 2025 UGC-NET candidates and refusal to reinstate the JNU Entrance Examination (JNUEE) as mode for admission. According to the official schedule released by the university, the online submission of PhD application forms will be open from June 26 to July 7. A window for correction will be available from July 8 to 9 and viva-voce e ...Read More >
New Delhi, Jun 29 (PTI) A growing wave of protectionism is challenging decades of liberal trade order, dramatically highlighted by the Trump's tariffs, but economic nationalism does not spell the death of globalisation rather it heralds its rebirth, presenting an opportunity for India to emerge as a vital player, according to M&M Ltd Chairman Anand Mahindra. In his address to shareholders in Mahindra & Mahindra (M&M) Annual Report for 2024-25, Mahindra, said "India, too, will face challenges" due to the ongoing global turmoil in the midst of a growing wave of protectionism. Also Read | 8th P ...Read More >
Mumbai, July 1 (SocialNews.XYZ) Tata Motors on Tuesday reported an 8.47 per cent decline in total sales as the carmaker sold 2,10,415 units in the April-June quarter of FY26, compared to 2,29,891 units sold during the same period previous year (Q1 FY25). Both commercial and passenger vehicle segments saw a drop in numbers. Commercial vehicle sales stood at 85,606 units, down 6 per cent year-on-year (YoY), while passenger vehicle sales dropped 10 per cent to 1,24,809 units. Domestic sales for Tata Motors in June 2025 also fell 12 per cent compared to June 2024. However, the company saw some ...Read More >
New Delhi, Jan 17 (PTI) IT service provider Tech Mahindra on Friday announced the opening of an advanced Manufacturing Experience Centre at its Chennai campus. The centre was inaugurated by Mahindra Group chairman Anand Mahindra and Tech Mahindra CEO Mohit Joshi, according to a company statement. The centre will help manufacturers to quickly prototype and scale AI-based innovations to tackle industry issues like high operational expenses, inefficiencies in processes, supply chain disruptions, and complex operational challenges. Additionally, it will function as a hub where customers can vis ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >
Pune: Cyber crime investigators in the city said they've now been approached by five more women who said they've been cheated by an Australia-based Indian man who was arrested on Wednesday for allegedly duping a Pune techie of Rs 3.6 crore in a case of matrimonial fraud."The five women are mostly from Mumbai and Delhi. We have requested them to formally record statements at the police station," said senior inspector of Pune cyber police Swapnali Shinde, leading the investigation into Abhishek Shukla (42), who investigators said may have contacted over 3,000 women through fake profiles on a mat ...Read More >
New Delhi, July 1 (SocialNews.XYZ) President Droupadi Murmu on Tuesday inaugurated the Mahayogi Guru Gorakhnath AYUSH University in Gorakhpur, hailing the institution as a modern centre rooted in India's ancient health wisdom and spiritual legacy and termed India's centuries-old Ayurveda "a scientific system of meaningful and long-lasting health." Addressing the gathering, President Murmu said, "This university, associated with the revered Mahayogi Guru Gorakhnath, is not only a symbol of India's spiritual strength but also a milestone in the advancement of traditional healthcare systems." E ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...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 >
New Delhi: The vice chancellor of Dr B R Ambedkar University Delhi (AUD), Anu Singh Lather, has said the institution is deliberately avoiding the term Indian Knowledge System in favour of the 'Bharatiya Knowledge System' as "India is a foreign word". Asserting its cultural identity and academic autonomy, the university's choice of terminology reflects a deeper philosophical and historical consciousness, according to Lather. "The word India itself is foreign to all of us," she said during an interview with PTI. Lather said the AUD has recently approved 54 compulsory BKS courses that will be ...Read More >
HYDERABAD: The Telangana govt on Monday issued a GO stating that there will be no fee hike for professional courses for the academic year 2025-26. The decision was based on the recommendations submitted by the Telangana Admission and Fee Regulatory Committee (TAFRC). The committee made three recommendations, of which one suggests that the existing fee structure fixed for the 2022-25 block period should continue until a new committee is constituted to review and revise fee parameters. "The govt may appoint a committee of officers to examine the parameters for fee fixation and suggest revised cr ...Read More >
New Delhi, Jul 1 (PTI) Jawaharlal Nehru University will conduct its own entrance exam -- JNUEE -- for admissions in PhD courses for Korean Studies and Cinema Studies, which are not covered under the UGC-NET, while admissions for all other doctoral degree courses will be based on NET scores. According to university sources, the decision to hold JNUEE for these two programmes was taken by the respective schools. Also Read | India Developing Its Own Bunker-Buster Missile? Reports Say DRDO Modifying Agni-5 ICBM To Carry Massive Conventional Warhead. "All the deans have accepted and signed the p ...Read More >
Pune: Maruti Suzuki, India's biggest car maker, on Friday said it aims to be the largest producer of electric vehicles in the country and make India the export hub over the next one year. The Japanese giant will take on EV market leader Tata Motors, Mahindra and MG Motor in the electric car game in the country. To realize its goals Maruti Suzuki, which unveiled its first electric SUV e-Vitara at the Bharat Mobility Global Expo 2025 in New Delhi on Friday, will introduce a range of six electric vehicle models by 2030. Suzuki Motor Corporation representative Director and President Toshihiro S ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...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 >
New Delhi, Jun 29 (PTI) Indian IT majors are aggressively repositioning themselves as AI-native firms, focusing on high-margin applications and integration over high-risk, capital-intensive foundational research. A deep dive into the FY25 annual reports from the industry behemoths --- TCS, Infosys, Wipro, and Tech Mahindra -- indicates that in the global AI race, India's tech titans are not competing to invent foundational AI, they are positioning themselves to become premier integrators of it. The shift from general digital transformation to a specific AI focus is captured in the very title ...Read More >
New Delhi [India], May 2 : Indian Farmers Fertiliser Cooperative (IFFCO) posted a record Profit After Tax of Rs ... New Delhi [India], May 2 : Indian Farmers Fertiliser Cooperative (IFFCO) posted a record Profit After Tax of Rs 3,053 crore during the just concluded financial year 2022-23 (April-March), which is a 61 per cent increase on a yearly basis. In a year ago period, it recorded a net profit of Rs 1,884 crore. The rise in profits in 2022-23 could be largely attributed to a rise in nano fertilisers and its efficient energy consumption initiatives. With two more Nano Fertilizer Plants ...Read More >