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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.

33
BusinessAug 14, 2025 06:33 AM

Solana Strategy: Nasdaq Firm Taps Arthur Hayes For Advisory Role

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Upexi, a Nasdaq-listed company, has stepped up its bet on Solana by forming a new advisory committee and naming Arthur Hayes as its first member. Reports have disclosed the move came with a clear push to support the firm's large Solana treasury, which has drawn attention from investors and rival corporate treasuries alike. According to Upexi's own filings and public statements, the company now holds over 2 million SOL in its treasury. That stake has been built quickly through multiple purchases and capital raises, and publications place its value in the hundreds of millions of dollars depending on the SOL price used. Upexi says it is also using staking to earn yield from the holdings, a move meant to add steady income as it holds the tokens. Upexi's hiring of Arthur Hayes -- a high-profile figure in crypto circles -- is meant to sharpen strategy and help unlock more capital for the firm's purchase plans. Reports say the advisory committee will guide visibility, partnerships and capital-raising for acquisitions tied to the treasury effort. The move has already helped lift investor interest in the company's stock. Beyond Upexi, other public companies have made clear Solana bets. Based on reports, DeFi Development Corp. has increased its holdings to nearly a million SOL units after a fresh round of purchases and financing. That placement puts it among the biggest corporate Solana holders and gives it meaningful exposure to the altcoin's price moves. Meanwhile, crypto miner BIT Mining disclosed purchases around 27,190 SOL and has said it will convert existing crypto holdings to focus on SOL while also launching a validator to stake tokens. These corporate moves are not just headlines. They represent predictable, on-balance-sheet demand that can tighten the available supply held by retail traders and exchanges. At the same time, concentrated positions raise questions about what would happen if any of these holders decided to change strategy or sell quickly. Market data shows SOL trading back around the $200 mark after a strong daily gain, and daily volumes have spiked as traders pile in. Price sites report roughly a mid-$100-billion market capitalization for SOL and daily turnover in the low double-digit billions, figures that underline how big the token's market has become. Technical commentators have pointed to moving average crossovers and other bullish setups as reasons traders are optimistic right now.

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BusinessMay 28, 2025 03:47 PM

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OtherPoliticsBusinessTechnologyJul 02, 2025 05:51 AM

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Odisha revenue minister assures action against sand mafia - ET RealEstate

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BusinessJul 04, 2025 05:50 AM

Akzo Nobel reveals why it chose JSW Paints, which now aims to take on India's paint industry giants

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BusinessJun 06, 2025 07:37 PM

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OtherPoliticsBusinessHealthJun 08, 2025 05:21 AM

Pujari assures action against sand mafia | Bhubaneswar News - Times of India

Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >

22

BJP misusing agencies, FIR baseless: AAP | Delhi News - Times of India

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PoliticsBusinessJun 27, 2025 07:51 AM

Jagannath Rath Yatra 2025: Amit Shah Offers Prayers at Ahmedabad's Shri Jagannathji Temple, to Attend Key Meetings Later Today (See Pics) | 📰 LatestLY

Ahmedabad, June 27: Union Home Minister Amit Shah began his Gujarat visit on a spiritual note early Friday morning by participating in the Mangala Aarti at the historic Shri Jagannathji Temple in Jamalpur, Ahmedabad. The visit coincides with the auspicious occasion of the annual Shri Jagannath Rath Yatra, a major religious event that draws thousands of devotees every year. Arriving at the temple at 3:15 a.m., HM Shah joined in the sacred rituals and offered prayers to Mahaprabhu Jagannath. Sharing his experience on social media platform X, he posted, "On the sacred occasion of Rath Yatra, par ...Read More >

22
PoliticsJul 13, 2025 12:06 PM

India News | Vedanta's Donations to BJP Nearly Quadruples to Rs 97 Cr in FY25: Annual Report | LatestLY

New Delhi, Jul 13 (PTI) Billionaire Anil Agarwal's mining conglomerate Vedanta Ltd nearly quadrupled its donations to the ruling Bharatiya Janata Party (BJP), contributing Rs 97 crore in the fiscal year ending March 2025, according to its latest annual report. Under "Miscellaneous Expenses', Vedanta detailed the political donations as well as the management and brand fee expenses it paid to its parent, London-listed Vedanta Resources Plc. Also Read | Kota Srinivasa Rao Dies at 83: Andhra Pradesh CM Chandrababu Naidu Condoles Demise of Veteran Actor, Says 'He Will Forever Stay Etched in Heart ...Read More >

19
OtherPoliticsBusinessJun 07, 2025 05:51 AM

Himanta visits Hailakandi, Sribhumi relief camps, vows timely infra repair | Guwahati News - Times of India

Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >

26
BusinessJun 27, 2025 07:32 AM

Bitcoin Weak Hands Exit While Smart Money Loads Up - Is A Breakout Near?

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. As Bitcoin (BTC) continues its steady climb toward its all-time high (ATH) of $111,814 recorded in May 2025, the cryptocurrency is witnessing a notable shift in its holder composition. New on-chain data suggests that BTC "weak hands" are selling their holdings to larger investors. According to a recent Cryptoquant Quicktake post by contributor IT Tech, Bitcoin's supply is moving upstream from retail investors to larger holders. This movement denotes a fundamental shift in the i ...Read More >

32

Political slugfest in WB over rape slur on Padma awardee monk - The Shillong Times

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 >

33
OtherPoliticsSportsBusinessJul 03, 2025 03:59 AM

Edgbaston Test: Gill's serene ton holds India together after wickets gifted

New Delhi: Was it the pitch? Was it the conditions? Was it the bowling? The questions doing the rounds after yet another strange show in good batting conditions by India were many. But with the exception of Shubman Gill, who became just the second Indian captain, after Mohammad Azharuddin, to score hundreds in consecutive matches in England, and Yashasvi Jaiswal, few India batters managed to answer them in a satisfactory manner. After being put into bat by England, India looked like they were in control at various points during the day but then somehow contrived to gift away wickets and end t ...Read More >

18
BusinessJul 13, 2025 01:50 PM

Pump.fun Public Sale Ends In 12 Minutes: Token Distribution Now Underway

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16
BusinessJun 07, 2025 05:33 AM

Bitcoin Price Crash Trigger To $96,000: The Head And Shoulders Pattern That's Forming

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. After days of fluctuating around the $105,000 range, Bitcoin appears to be succumbing to pressure from bears and profit-taking from traders. The most recent 24 hours were marked by Bitcoin losing its hold on the $105,000 price level, crashing until it rebounded at a lower support range around $101,000. However, technical analysis of Bitcoin's daily candlestick timeframe chart shows that this price level is increasingly under threat, and a formation is currently in place that co ...Read More >

25

Pune hospitals report rise in dengue cases among children | Pune News - Times of India

Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastrinagar. Dr Lad said he's seen at least three children admitted for dengue this week, with all of the ...Read More >

35
BusinessJun 27, 2025 02:51 AM

Punjab Cabinet Revamps Conversion Policy: Boost for Industrial Transformation | Business

The Punjab Cabinet approved amendments to the state's conversion policy, facilitating industrial plot conversions into various uses. This move addresses industrialists' concerns, aims to streamline estate management, and enhance business ease. Additional policies target micro and small enterprise operations and restructure state financial directorates for efficiency. The Punjab Cabinet has given the green light to amendments in the conversion policy, offering opportunities for industrial plots t ...Read More >