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.
The Indian Ports Bill, 2025, proposes modernizing India's port governance, enhancing trade efficiency, and solidifying India's position as a global maritime leader. The Lok Sabha on Tuesday passed the Indian Ports Bill, 2025, by voice vote amid continued protests by opposition members of Parliament demanding a discussion on the revision of electoral rolls in Bihar. The bill proposes modernizing India's port governance, enhancing trade efficiency, and solidifying India's position as a global mar
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 >
Story so far: India celebrated its 75th year of adoption of its Constitution on Tuesday (November 26, 2024) with President Droupadi Murmu addressing a joint session of parliament. While the Constitution of India hits its diamond jubilee this year, event commemorating is as 'Constitution Day' was started only in 2015. Prior to this, it was called 'National Law Day' -- first initiated by former Supreme Court Bar Association (SCBA) president Laxmi Mall Singhvi in 1979. "The Indian Constitution is a live, progressive document," said Ms. Murmu adding, "I urge all citizens to imbibe the constitutio ...Read More >
In a closed courtroom session, the Rouse Avenue court in Delhi recorded the key witness's testimony in the sexual harassment case involving former BJP MP Brij Bhushan Sharan Singh. The session, held on Tuesday, lasted over two hours, with further proceedings scheduled for December 10. On Tuesday, the Rouse Avenue court in Delhi heard pivotal testimony behind closed doors from the primary witness in the sexual harassment case involving women wrestlers. Central to the charges is former BJP MP and erstwhile Wrestling Federation of India (WFI) chief Brij Bhushan Sharan Singh. Presiding over the ...Read More >
Congress MP Ranjeet Ranjan has called for the replacement of Electronic Voting Machines (EVMs) with ballot papers, citing concerns over the legitimacy of election results. Ranjan raised doubts about the EVM's accuracy, suggesting that the results may be influenced and advocating for a ballot paper system like many other countries. Congress President Mallikarjun Kharge also echoed similar sentiments, accusing EVMs of wasting votes from marginalized communities. This comes after the Congress' defeat in the Maharashtra Assembly election. The Supreme Court, however, dismissed a petition seeking th ...Read More >
Adani Group's listed stocks, which at one point saw as much as $34 billion wiped off their market value, meanwhile recovered ground as some partners and investors rallied behind it. State Bank of India will not stop lending to ongoing Adani projects that are nearing completion, two sources told Reuters, but will exercise caution when disbursing loans to ensure all terms and conditions are being met. Bank of India, Union Bank, ICICI Bank, Canara Bank, IDBI Bank and RBL Bank, which have relatively smaller exposures to the Adani Group, are undertaking similar exercises, sources said. A regulat ...Read More >
Delhi's air pollution continues to worsen, with the Air Quality Index (AQI) hitting a hazardous 490, despite the government's 21-point plan to tackle the issue. The city’s residents are struggling to breathe, even indoors, and hospitals are overwhelmed with patients facing respiratory problems. The pollution crisis is exacerbated by the lack of cooperation among Delhi and neighboring states, and the central government, with each blaming the other. This pollution not only threatens public health but also jeopardizes Delhi's economic future, as it could drive away professionals and harm business ...Read More >
In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...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 >
New Delhi, Nov 26: The Supreme Court on Tuesday dismissed a public interest litigation (PIL) seeking directions to the Election Commission of India (ECI) to introduce ballot paper in place of EVMs (Electronic Voting Machines). A bench of Justices Vikram Nath and P.B. Varale rejected the prayer to return to the ballot system due to the alleged manipulability of EVMs. "When you lose, EVMs are tampered with; when you win, EVMs are fine," remarked the apex court, when the petitioner referred to the statements made by Andhra Pradesh Chief Minister Chandrababu Naidu and his predecessor Jagan Mohan ...Read More >
India readies a sea change for domestic shipping as well as global shipping through key bills The centre will move the Merchant Shipping Bill, 2024 and Coastal Shipping Bill, 2024 for consideration and passing during the winter session of parliament. These key legislations are aimed at holistic growth of Coastal Shipping and reducing the compliance burden for ships under the Indian flag. "The Merchant Shipping Bill deals with implementation of India's obligations under various International Conventions and technical aspects maritime and shipping sector's regulations. Coastal Shipping Bill wi ...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 >
The Maha Vikas Aghadi (MVA) coalition is now gearing up for a national protest after losing Maharashtra state elections. The Maha Vikas Aghadi (MVA) coalition, which suffered a crushing defeat in last week's Maharashtra state elections, is now gearing up for a national protest against the credibility of Electronic Voting Machines (EVMs), which it blames for its loss. The MVA, led by the Congress, Shiv Sena (Uddhav Thackeray faction), and the Nationalist Congress Party (NCP) (led by Sharad Pawar), is planning to challenge the use of EVMs in court and demand a return to ballot paper voting. Fo ...Read More >
Guwahati: A group of intellectuals and prominent citizens met the officials of the Bangladesh Assistant High Commission in Agartala and demanded the immediate release of Hindu priest Chinmoy Krishna Das Brahmachari in Bangladesh. Various other organisations also organised protest rallies and demonstrations against the arrest of Hindu priest Chinmoy Krishna Das Brahmachari. The intellectuals under the banner of 'Forum for Protection of Minorities in Bangladesh' urged the Bangladesh caretaker government led by Chief Adviser Muhammad Yunus to make all efforts to protect the minorities in Bangla ...Read More >
CHENNAI: Senior BJP leader H Raja has been sentenced to six months imprisonment in two separate cases relating to his derogatory comments against DMK MP Kanimozhi and threatening to raze down the statues of rationalist leader Periyar (EV Ramasamy). Additional special court for cases relating to MP/MLAs G Jayavel pronounced the orders convicting and sentencing him in the cases registered by the Erode district police based on complaints lodged by DMK and Thanthai Periyar Dravidar Kazhagam (TPDK) following his derogatory comments made in against Periyar and Kanimozhi in 2018 through his Twitter ...Read More >
Bengaluru: A internal fight is going on in Karnataka BJP between Basanagouda Patil Yatnal and state president BY Vijayendra faction, and Vijayendra's close associates are insisting on Yatnal's expulsion. On Saturday, Renukacharya's team said that evil will be destroyed in the presence of Chamundi. Now, a group of former MLAs visited Yediyurappa's residence in Dollars Colony in Bengaluru in the early hours of the morning and held an important meeting. Renukacharya's team is insisting on Yatnal's expulsion. Speaking to reporters after the meeting with Yediyurappa, MP Renukacharya said, "Where i ...Read More >
New Delhi [India], November 28 (ANI): India has expressed its concern over the escalating incidents of violence against Hindu minorities in Bangladesh and desecration, and damage to their places of worship, and has also called on the interim government there to ensure the safety of minorities. In a response to question asked by RJD MP AD Singh, Minister of State for Ministry of External Affairs, Kirit Vardhan Singh in a written reply to Rajya Sabha, stated that the "primary responsibility" for the protection of life and liberty of all citizens of Bangladesh, including minorities, "rests with ...Read More >
Sources said during the crucial Mahayuti leaders' meeting in New Delhi on Thursday night, Maharashtra's caretaker Chief Minister Eknath Shinde sought 12 ministerial berths for his party It's been six days since the Maharashtra assembly election results were declared and the Mahayuti alliance emerged victorious, but suspense over the new head of the state and fresh cabinet minister is not over yet. Sources have said that the key alliance leaders will finalise a list and fly to Delhi on Monday to meet with the BJP top brass before making an announcement. Sources said during the crucial Mahayut ...Read More >
Chief Minister Mohan Yadav has expressed his gratitude to Prime Minister Modi and the Union Cabinet for approving 3 multitracking projects of the Railway Ministry worth Rs 7 thousand 927 crore. Chief Minister Yadav said that the state is making rapid progress under the able leadership of Prime Minister Modi, due to the increasing network of railways in the state, and transportation for the people of the state has also become fast and easier. The people of the state are grateful to Prime Minister Narendra Modi and Railway Minister Ashwini Vaishnaw for the continuous new developments and contri ...Read More >
As winter approaches, Coorg, often called the "Scotland of India," offers the perfect retreat for nature lovers. Nestled in the Western Ghats, this hill station promises unforgettable experiences, from trekking Tadiandamol Peak to exploring serene coffee plantations on the Kopatty Trail. Stay at Blyton's Bungalow, an eco-friendly haven, and indulge in stargazing at Nalaknad Palace. For a deeper connection with nature, camp by the Kaveri River or explore the Brahmagiri Wildlife Sanctuary. Coorg's stunning waterfalls, including Abbey and Iruppu Falls, provide a perfect setting for relaxation, ma ...Read More >
New Delhi, November 26: Prime Minister Narendra Modi on Tuesday said that the government at the Centre has strengthened the spirit of the Constitution over the last 10 years. Addressing the Constitution Day celebrations at the Supreme Court, PM Modi highlighted that in the last 10 years, more than 53 crore bank accounts were opened, more than 4 crore pukka houses were given and more than 10 crore free gas connections were given. "In the last 5-6 years, by providing tap water facilities in more than 12 crore houses, the government made the lives of citizens easy, particularly of women," he sai ...Read More >
The Indian government has announced a 375km rail network expansion, aimed at enhancing economic growth and connectivity in North Maharashtra, Madhya Pradesh, and Uttar Pradesh. With a total cost of approximately Rs79.27bn ($1.05bn), these projects are aimed to be completed within four years. Union Minister of Railways, Ashwini Vaishnaw, detailed the Cabinet Committee on Economic Affairs' approval of three railway infrastructure projects. The projects include the Jalgaon-Manmad fourth line (160 km), Bhusawal-Khandwa third and fourth lines (131km), and the Prayagraj (Iradatganj)-Manikpur thir ...Read More >
Shinde accepts BJP's decision, likely to receive key ministries Shinde has agreed to BJP's decision to make a Chief Minister from its ranks. He is expected to be given important portfolios like Urban Development, Public Works Department, and Water Resources. Sources also say that two Deputy Chief Ministers will be appointed, one each from Shiv Sena and NCP. Pawar has told his party leaders that the swearing-in ceremony could take place this weekend. Despite initial resistance, Shinde announced his party's support for Prime Minister Narendra Modi and Home Minister Amit Shah's decision on the ...Read More >
A major portion of George Road in Thoothukudi has become a nightmare for drivers due to the presence of large potholes. This key stretch which has not undergone any restoration for several years has become a significant source of hardship for daily commuters. The road, which comes under the State Highways department, serves as one of the major connections between the Bypass and Beach Road. Bala, an autorickshaw driver, who has been driving on this stretch for over 15 years says, "The road has been in this poor condition for years as it is not frequently used by higher authorities." He added ...Read More >
Cybercrime is quickly increasing in India, with reports surfacing daily about victims losing large sums of money to scammers. These scammers often use tactics like threatening a "digital arrest" to instill fear and pressure individuals into transferring money. They typically operate from foreign countries to evade capture by law enforcement. The Indian government, including Prime Minister Modi, is actively raising awareness about these scams. Recently, the Department of Telecommunications (DoT) issued a warning to the public regarding international fraud calls. They advised people to be caut ...Read More >
Campaigning for the November 20 assembly bypolls to four seats in Punjab ended on Monday evening with the ruling Aam Aadmi Party (AAP), Opposition Congress and the Bharatiya Janata Party making last-ditch efforts to mobilise support for their respective candidates. Hours before the campaign ended at 6 pm, major political outfits intensified their efforts to woo the voters. Bypolls to four assembly segments -- Gidderbaha, Dera Baba Nanak, Chabbewal (SC) and Barnala -- will be held on November 20 from 7 am to 6 pm, and the results will be out on November 23. The bypolls were necessitated afte ...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 >
Guwahati, November 27 (IANS): Union Tourism and Culture Minister Gajendra Singh Shekhawat on Wednesday underscored the northeastern region's legacy, cultural diversity, and natural wealth emphasising its rich cuisine, crafts and biodiversity while inaugurating the 12th edition of the four-day long International Tourism Mart (ITM) in Assam's Kaziranga. Speaking on the occasion, the Union Minister said that the ITM is a remarkable opportunity for the northeast India to showcase its rich culture and diversity to the world, adding that the event also offers a platform for people from across the g ...Read More >
Bhubaneswar: Prime Minister Narendra Modi is scheduled to visit Odisha for three days, from November 29 to December 1, to attend the annual Director General of Police (DGP) conference in Bhubaneswar. Union home minister Amit Shah will accompany him at the event, which will be held at the convention hall of Odisha Lok Seva Bhawan (State Secretariat). PM Modi and Shah are expected to arrive in Bhubaneswar on Friday afternoon. Elaborate security arrangements have been made for the high-profile visit, with the city placed on high alert. Areas surrounding the event venues have been declared 'no-f ...Read More >
The Palakkad bypoll has turned into a fierce triangular contest with key defections adding to the excitement. Kerala CM Pinarayi Vijayan campaigned for former Congress leader P Sarin, now contesting as an Independent for the LDF, while BJP’s C Krishnakumar faces a tough challenge. Sarin, a former Congress digital strategist, switched parties after being snubbed for the Congress ticket. Meanwhile, BJP leader Sandeep Varier defected to Congress, further intensifying the race. With the election crucial for UDF, NDA, and LDF's momentum heading into the 2026 Kerala assembly elections, all eyes are ...Read More >