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.
Mumbai (Maharashtra) [India], August 21: The Ministry of Textiles has reopened the portal for filing of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles, covering Man-Made Fibre (MMF) Apparels, Fabrics and Technical Textiles. The Portal for application will remain open till 31st August 2025 . Also Read | Meta Superintelligence Labs Hiring on Hold: Mark Zuckerberg's Company Temporarily Pauses Its Massive AI Talent Hiring Spree for 'Organisational Planning' and Industry Concerns. The PLI Scheme is aimed at promoting large-scale investment, fostering innovation and sustainability, and enhancing India's global competitiveness in textiles. Eligible companies will receive incentives linked to incremental turnover generated through fresh investments and expanded production capacities. Welcoming the announcement, Shri Shaleen Toshniwal, Chairman, MATEXIL (Manmade Fibre & Technical Textiles Export Promotion Council), said: "The reopening of the PLI application window is a very positive step, as it provides an opportunity for those textile companies who could not apply earlier. With incentives designed to reward growth and investment, this scheme offers Indian companies a unique chance to scale up operations and strengthen their global competitiveness." Also Read | Is Ryan Reynolds Getting Cancelled? Netizens Flood 'Deadpool' Actor and Wrexham Co-Owner's Aviation American Gin Instagram Post With Angry Comments Amid Blake Lively-Justin Baldoni Legal Drama. Shri Toshniwal further urged exporters and manufacturers to apply before the deadline of 31st August 2025 and make use of the scheme to modernize, expand, and diversify their product basket. "This initiative will give a major boost to India's share in global textile trade and contribute significantly to achieving the vision of Viksit Bharat @2047," he added. MATEXIL has assured all exporters and investors of complete guidance and handholding during the application process, and will continue to work closely with the Ministry of Textiles to ensure industry members derive maximum advantage from this initiative. MATEXIL (The Manmade and Technical Textiles Export Promotion Council) is an Export Promotion Council dedicated to promoting exports of Manmade Fibre Textiles and Technical Textiles. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same) (The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)
New Delhi [India], December 2: The IVCA GreenReturns Summit 2024 commenced today in New Delhi, convening over 400 visionaries, investors, policymakers, and entrepreneurs to chart a transformative path for India's green economy. The Summit is dedicated to aligning India's climate goals with its trillion-dollar economic aspirations for a 'Viksit Bharat,' spotlighting high-impact investment opportunities, addressing funding gaps, and driving actionable solutions for net-zero and climate adaptation. Also Read | Mamata Banerjee Says West Bengal Yet To Get INR 14,000 Crore From Centre for Supply of ...Read More >
Ahmedabad (Gujarat) [India], December 2 (ANI): Ambuja Cements has taken a step toward achieving its Net Zero goals. The company has partnered with Finland-based technology leader Coolbrook to implement its proprietary RotoDynamic Heater (RDH) technology. According to the exchange filing, this cutting-edge, zero-carbon heating solution, powered by renewable electricity, will drastically reduce the company's dependence on fossil fuels and lower its carbon emissions, aligning with its sustainability vision. Ambuja Cements will significantly reduce its fossil fuel dependence by harnessing renewa ...Read More >
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 >
New Delhi: Bollywood superstar Akshay Kumar has officially revealed the release date for his much-anticipated horror-comedy, 'Bhooth Bangla.' The film, which marks his reunion with veteran director Priyadarshan, will be released on April 2, 2026. The actor shared the exciting news on his official Instagram account, alongside a new poster for the movie, which has already sparked a wave of enthusiasm among fans. In his Instagram post, Akshay Kumar wrote, "Beyond excited to be on set with my favourite @priyadarshan.official as we begin the shoot of our horror comedy #BhoothBangla today. Yeh darr ...Read More >
NEW DELHI: Dilip Kumar, the 'Tragedy King' of Indian cinema, continues to be remembered for his unmatched contributions to Bollywood. Born on December 11, 1922, as Muhammad Yusuf Khan in Peshawar, Pakistan, he ruled the silver screen with his impeccable acting skills, emotional depth, and charisma. On the occasion of his birth anniversary, let's take a trip down memory lane to revisit some of the most iconic roles that made Dilip Kumar a cinematic legend, a man who left an indelible mark on Indian cinema. 1. 'Andaz' (1949) In 'Andaz', Dilip Kumar shared the screen with Nargis and Raj Kapoo ...Read More >
Leader of the House in Rajya Sabha and Union minister JP Nadda on Thursday said that the Chair should not be questioned or criticised about admissibility, calling it contempt of the House and Chairman. He also condemned Mallikarjun Kharge for criticising the Chair in a press conference the day before, calling it wrong. "The Chair cannot be questioned with regard to admissibility or for any other purposes. The Chairman's ruling cannot be questioned or criticised; to do so is contempt of the Hous ...Read More >
MUMBAI: The much-anticipated 'Baaghi 4', produced by Sajid Nadiadwala, has just added a new star to its roster, with Punjabi sensation Sonam Bajwa joining the cast alongside Tiger Shroff. Set to go on floors soon in Mumbai, 'Baaghi 4' promises to deliver high-octane action sequences, with a storyline that combines intense thrills with romance. Sonam Bajwa will be playing the female lead opposite Tiger Shroff, marking her second collaboration with Sajid Nadiadwala after she makes her Bollywood debut in 'Housefull 5'. In an Instagram post, Tiger Shroff welcomed Sonam to the team, expressing h ...Read More >
Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a ₹10 lakh insurance policy, ₹1 lakh for daughters' marriages, a biannual ₹2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.Ahead of crucial Delhi assembly polls, Arvind Kejriwal promised several measures for auto dri ...Read More >
BusinessWire India Noida (Uttar Pradesh) [India], December 11: Comprehensive insurance policies are very helpful for two-wheeler owners as they protect them from financial losses incurred on their own vehicles and also cover third-party liability. Because of its all-round nature, many refer to them popularly as 'package' insurance. However, in India, many people do not opt for comprehensive two-wheeler insurance as the government has not made it compulsory. However, it is highly recommended that two-wheeler owners get one, and we have covered the reasons for this in this guide. How are Comp ...Read More >
New Delhi [India], December 12 (ANI): Amid ruckus in the House, Rajya Sabha was adjourned on Thursday till 11 am on December 13. Earlier in the day, the House was adjourned till 2 pm. However, after it reconvened in the afternoon, the House continued to witness the uproar as the Opposition members demanded discussions on various notices they had submitted. The House had to be adjourned within half an hour. Amid the ruckus, Former Prime Minister and JD(S) leader HD Deve Gowda slammed the Opposition for bringing an impeachment motion against the House Chairman Jagdeep Dhankhar. "For the first ...Read More >
India Quality Conclave 2024: Driving Excellence in Quality Management Presto Group proudly presents the India Quality Conclave 2024, set to take place on November 30 at Crowne Plaza, New Delhi. This transformative event will bring together industry leaders from packaging, FMCG, pharmaceuticals, and other sectors to discuss cutting-edge quality improvement practices. Key highlights include strategies for cost reduction, boosting QC team productivity, and ensuring hassle-free audits. Attendees will benefit from keynote speeches, case studies, panel discussions, and a special book launch, Per ...Read More >
Trial conducted over a 118 km Boston metro route with 10 network hops and nine ROADMs. US wireless carrier Verizon has successfully tested the transportation of 1.6 terabits per second of data across a single wavelength on its live metro fiber network. Utilising Ciena's WaveLogic 6 Extreme (WL6e) coherent optical solution, the trial, conducted in Boston, demonstrated data travelling farther and faster across Verizon's fiber network. This upgrade enhances the network's ability to handle the workloads generated by artificial intelligence (AI) applications, particularly Generative AI, according ...Read More >
Mumbai (Maharashtra) [India], December 4 (ANI): The pre-wedding celebrations of filmmaker Anurag Kashyap's daughter, Aaliyah Kashyap, have officially begun, with her best friend Khushi Kapoor sharing her excitement on social media. On Wednesday, Khushi took to her Instagram Stories to re-share a picture from the festivities. The image featured Aaliyah, her fiance Shane Gregoire, and their close friends, including Khushi, Ida Ali (daughter of filmmaker Imtiaz Ali), and others. The group, dressed in traditional attire, looked stunning as they posed for the camera. Also Read | Maryam Faisal's X ...Read More >
New Delhi [India], December 5 (ANI): Jitender Singh Shunty, a Social activist and Padma Shri awardee joined Aam Aadmi Party (AAP) in the presence of the Party's National Convener Arvind Kejriwal on Thursday. Jitender Singh Shunty is also the founder of Shaheed Bhagat Singh Sewa Dal (SBS) Foundation. Upon officially joining the party, Kejriwal expressed his admiration for Jitender Singh Shunty's significant contributions to society during the challenging times of the COVID-19 pandemic. He highlighted Shunty's dedication and efforts in supporting those in need and commended his commitment to ...Read More >
New Delhi: University Grant Commission (UGC) Chairman M Jagadesh Kumar has announced changes in the Common University Entrance Test (CUET), undergraduate and postgraduate 2025, saying the total number of subjects has been reduced to 37 from 63 and there will be uniform exam duration of 60 minutes. He said 20 language subjects have been discontinued and admissions to the dropped subjects can be done based on General Aptitude Test (GAT) scores. The domain-specific subjects were 29 earlier, but the UGC has decided to discontinue six subjects, bringing the number down to 23, Kumar added. The cha ...Read More >
Melbourne: A celebrity and "public relations maven" from Australia Roxy Jacenko has said she regrets turning her daughter, Pixie Curtis, into a child social media influencer. The 13-year-old's Instagram account had long been used by her mother to generate income via brand sponsorships and online businesses such as Pixie's Bows and Pixie's Toys. But Jacenko is now saying the money wasn't worth the negative effects of Pixie's public persona, which included being bullied at school. This admission, along with the government's decision to ban social media for under-16s, is a timely reminder for p ...Read More >
Sunmei Hotels Group has announced the launch of Sunmei Group International (SGI) and three new overseas brands—SHANKEE, PENRO, and LANOU—marking its expansion into the UAE market. The company plans to introduce SHANKEE Hotels, a smart economy brand, to cities like Dubai, Abu Dhabi, and Riyadh. SGI focuses on smart marketing, modular renovations, and intelligent operations, leveraging big data and AI to enhance service and guest experiences. Chairman Ma Yingyao aims to open 100 hotels globally within the next decade, doubling revenue and establishing a strong international presence for Chinese ...Read More >
New Delhi [India], December 4 (ANI): The GSEC in Hyderabad will be the first of its kind in the APAC region after Tokyo and only the fifth globally, with similar facilities in Dublin, Munich, and Malaga, according to a statement. This GSEC is a specialised international cybersecurity hub designed to play a crucial role in developing advanced security and online safety products tailored for the Indian context. The centre will focus on cutting-edge research, AI-driven security solutions, and creating a collaborative platform for leading experts and researchers in cybersecurity. It also aims to ...Read More >
New Delhi: Chaos erupted in political circles after Rajya Sabha Chairman Jagdeep Dhankhar informed the house on Friday that a bundle of cash was found on a seat allotted to senior Congress leader Abhishek Manu Singhvi. "I hereby inform the members that during the routine anti-sabotage check of the chamber after the adjournment of the House yesterday. Apparently, a wad of currency notes was recovered by the security officials from seat number 222 which is presently allotted to Abhishek Manu Singhvi, elected from the state of Telangana..The matter was brought to my notice, and I made sure an in ...Read More >
Shaleena Nathani has outdone herself. Her latest styling for Tamannaah Bhatia may be her best work with the actor so far. On Wednesday, the stylist and the actor took to Instagram to share pictures from a stunning shoot. (Also read: Wedding bells for Tamannaah Bhatia and Vijay Varma? 'Kyun nahin?', says Tamannaah) For the pictures, Tamannaah wore a black Skims X Dolce and Gabbana dress that hugged her body perfectly, putting her hourglass figure on full display. She also wore diamond earrings, a wide black hairband and black Louboutin shoes. Shaleena aptly summed up the look as 'sexxaayy'. O ...Read More >
Mumbai (Maharashtra) [India], November 28: Pioneering furniture fittings solutions brand Hettich India is proud to announce that it has been officially certified as a Great Place to Work, a recognition that celebrates the company's unwavering commitment to creating an ecosystem where everybody thrives. Also Read | Diljit Dosanjh Concert in Kolkata 2024: Planning to Attend Dil-Luminati Tour, Don't Miss These 5 Must-Try Local Foods. This honor is especially meaningful, with an overwhelming 95% participation from employees helping Hettich India. It reflects a shared commitment to creating a fam ...Read More >
Bhubaneswar (Odisha) [India], December 3 (ANI): Producer Ektaa R Kapoor on Tuesday met with Odisha Chief Minister Charan Majhi in Bhubaneshwar. Visuals from the meeting surfaced online in which CM Mohan Charan Majhi and Ektaa could be seen exchanging warm pleasantries. Also Read | 'The Sabarmati Report': Union Home Minister Amit Shah Praises Vikrant Massey Starrer for Revealing the Truth Behind Godhra (View Post). Ektaa also visited Lingaraja Temple and offered prayers there. Notably, on Monday, Ektaa along with the team of 'The Sabarmati Report' attended a special screening of the film wi ...Read More >
The Smart India Hackathon (SIH) 2024, one of India's largest platforms for fostering innovation and entrepreneurship, is set to culminate in its Grand Finale at the Indian Institute of Technology (IIT) Roorkee from 11th to 15th December 2024. As part of its 7th edition, SIH 2024 continues to exemplify the vision of Hon'ble Prime Minister Shri Narendra Modi Ji to make India self-reliant and globally competitive through youth empowerment and innovation. He will interact with young innovators at the Grand Finale of Smart India Hackathon 2024 on 11th December 2024, at around 4:30 PM, via video con ...Read More >
Mumbai (Maharashtra) [India], December 11 (ANI): Ranveer Singh and Deepika Padukone's newborn daughter, Dua Padukone Singh, turned three months old on December 8. To mark the occasion, Anju Bhavnani, Ranveer's mother and grandmother to little Dua, donated her hair to charity as a gesture of love and hope. Also Read | 'Crime Patrol' Actress Sapna Singh Seeks Justice After Son's Tragic Death; Police Arrest Two Friends. In a post on X (formerly Twitter), Anju shared a series of pictures in which she was seen holding four braids of her donated hair with the caption, "Donated." The next photo d ...Read More >
The Andhra Pradesh government inked a Memorandum of Understanding (MoU) with Google. The tech giant will launch its operations from Visakhapatnam in the State. Making the announcement at the district collectors' conference on Wednesday, Chief Minister N. Chandrababu Naidu said HRD Minister Nara Lokesh's efforts have paved the way for this. The MoU was a significant development and would be a game changer. Visakhapatnam is poised for transformative growth, Mr. Naidu said. The chief minister, in ...Read More >
Mumbai (Maharashtra) [India], December 6 (ANI): Netflix has announced the release of 'Yo Yo Honey Singh: Famous', a docu-film that revolves around the life of the Indian hip-hop star and music artist. The film, directed by Mozez Singh and produced by Sikhya Entertainment, is set to premiere on December 20. Also Read | 'I'm Still Single': Mamta Kulkarni Clarifies She's Not Married to Vicky Goswami, Reveals She's Back in India After 24 Years for Kumbh Mela 2025. The makers, on Friday, took to Instagram to share the announcement along with a poster of the hip-hop star. "The name you know, the ...Read More >
NDIA bloc leaders, who submitted a notice of no-confidence motion against the Rajya Sabha Chairman Jagdeep Dhankhar on Wednesday, blamed the chair for not allowing them to speak in the Rajya Sabha. The leaders held a joint press conference labelling several charges against the chairman. "His behaviour (RS chairman) has damaged the dignity of the country. He has brought such a situation in the history of parliamentary democracy that we had to bring this notice for the resolution (of no confidence ...Read More >
Bangalore (Karnataka) [India], November 26: As anyone who lives or works in Bangalore knows, navigating the city's busy streets or planning an outstation trip can be challenging. But thanks to GoCabxi, a new, customer-focused cab booking platform, travel within and beyond Bangalore has never been easier. From daily city commutes to weekend getaways, GoCabxi is changing how Bangaloreans experience travel, one trip at a time. Also Read | International Emmy Awards 2024 Winners: 'Drops of God', 'Division Palermo' and 'The Vow' Earn Major Honours! See the Full Winners List Here. Reliable Rides at ...Read More >
New Delhi [India], November 26: Elitas Appliances, a brand synonymous with quality and innovation in home appliances, has officially launched its product line in India. Known for combining cutting-edge technology with elegant design, Elitas seeks to establish itself as a key player in the consumer durables sector, providing Indian households with superior, eco-friendly products. Also Read | From Nana Patekar's 'The Attacks of 26/11' to Dev Patel's 'Hotel Mumbai', 5 Movies and Shows That Explored the Horrific 2008 Mumbai Attacks and Where To Watch Them Online. Elitas's range of home appliance ...Read More >
Hyderabad: Excitement filled the air at Sandhya Theatre on the night of December 4 as eager fans flocked to watch the much-anticipated film 'Pushpa 2: The Rule'. The atmosphere outside the theatre was electric, with fans waiting eagerly in long queues, all ready to witness the action-packed sequel. Speaking to ANI, one excited fan, after watching the film, shared his thoughts, saying, "The climax was awesome!" The premiere event, held on Wednesday also turned into a grand celebration as actor Allu Arjun, along with co-star Rashmika Mandanna, graced the occasion, adding to the buzz surrounding ...Read More >