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.
Vijayawada, Aug 21 (UNI) The flood situation of rivers Godavari and Krishna is grim, hundreds of island villages were surrounded by the Godavari flood water in East Godavari, Eluru and Konaseema districts and flood hit people are being shifted to relief camps. Aggravating the flood situation, the Gowthami, Shabari, Vashista and Vaitai, the tributaries of the river Godavari are also in spate. The official machinery of ASR, East Godavari, Kakinada, Eluru, West Godavari and Konaseema districts were put on high alert on Thursday.
Rajamahendravaram: The foundation of the prestigious Akhanda Godavari Tourism Project aimed at showcasing the historical and cultural magnificence of Godavari region, will be formally held on June 19, announced by State Tourism, Culture, and Cinematography Minister Kandula Durgesh. The ground-breaking ceremony will be jointly performed by Deputy Chief Minister Konidela Pawan Kalyan and MP Daggubati Purandeswari, with the support of the Central government, he said. The Minister conducted a field visit on Saturday to oversee the arrangements for the upcoming event, inspecting key sites like Pu ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Navi Mumbai: The father of a three-day-old girl who was found abandoned in a blue basket outside Navi Mumbai's Panvel wad traced and detained on Sunday, the police said. According to them, the infant's parents were not financially stable enough to raise her. Due to this, the couple decided to give up the baby to an orphanage that could look after her, reported PTI. However, the Navi Mumbai police's crime branch traced the infant's father, Aman Iqbal Kondkar, a resident of Thane's Bhiwandi, within 24 hours, an official said. ...Read More >
GURGAON: The investigation into the murder of a 25-year-old former international tennis player, allegedly by her father, has revealed a sudden deterioration in their relationship. The apparent reason was a disagreement over the academy she ran near their house, but the roots clearly run deeper. The father, who claims to have spent Rs 2 crore on his daughter's tennis career, told interrogators he was troubled by questions about her "character" that some of his associates had raised.Deepak Yadav, who shot Radhika at their house Thursday morning, had allegedly been insisting for two weeks on her ...Read More >
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to the allegations to NCW officials. Officials said further steps will be considered after reviewing his ...Read More >
HYDERABAD: Chief Minister A Revanth Reddy and Irrigation Minister N Uttam Kumar Reddy on Tuesday embarked on a two-day visit to Delhi, during which they will be participating in a meeting of CMs of sibling states of Telangana and AP, convened by the Union government, to discuss river water issues. The meeting, scheduled to be held on Wednesday, is likely to discuss several irrigation projects proposed on Godavari and Krishna rivers. It may be mentioned here that the state government has officially written to the Union Jal Shakti Ministry, urging it to not include a discussion on Godavari-Ban ...Read More >
Rajamahendravaram: As part of World Environment Day celebrations, a major initiative to plant 4 lakh saplings across the district has been launched, district collector P Prasanthi announced on Thursday. She called on everyone to protect these saplings for the benefit of future generations. The main event was held at the Government Arts College campus in Rajahmundry under the aegis of the Forest Department, where the district collector participated as the chief guest. Chief Conservator of Forests BNN Murthy and other senior officials were also present. Speaking on the occasion, collector Prasa ...Read More >
Thiruvananthapuram: Kerala Governor Rajendra Arlekar has written a strongly worded letter to Chief Minister Pinarayi Vijayan, criticising General Education Minister V Sivankutty for walking out of a function held at Raj Bhavan on June 19. The Governor described the incident as a breach of protocol and an insult to the constitutional office. The letter, dated June 26, refers to an awards ceremony for the Bharat Scouts and Guides, where Sivankutty -- who also serves as President of the Association's Kerala chapter -- objected to the presence of a garlanded portrait of Bharat Mata on the stage, ...Read More >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...Read More >
Kolkata: A two-member National Commission for Women team on Sunday visited the south Kolkata law college where a student was allegedly gang-raped last week.The team, accompanied by a videographer, was initially denied entry and asked to produce a formal order. After an hour-long discussion at the college entrance, the team, led by Archana Majumdar, was allowed in under two conditions -- no access to the crime scene and no videography permitted.The visit lasted 10 minutes. "We were denied access to the crime scene and other floors. I will include this in my report," said Majumdar, who was the f ...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 >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
Hyderabad, July 8 (Maxim News): BRS Working President K. Taraka Rama Rao stated that the people of Telangana have once again come to realize that Revanth Reddy can only make a fuss but cannot engage in meaningful discussions. He criticized that 70 lakh farmers in Telangana have been facing serious problems for the past 18 months due to Revanth Reddy's incompetent rule, which has no basic knowledge about farmers except for gossip. Here To Join Us On WhatsApp KTR invited the Chief Minister to discuss what BRS and Congress have done for farmers and the unemployed at the Somajiguda Press Club an ...Read More >
Panchkula: The Haryana health department is accelerating efforts to improve the healthcare infrastructure and services, and enhance the workforce across the state. Altogether 720 new doctors have been hired and the dept is actively working to fill the remaining vacancies in hospitals.All such govt plans and more were shared by health and family welfare minister Arti Singh Rao during a press conference held here Tuesday. She said 785 medical facilities across the state -- including PHCs, CHCs, sub ...Read More >
Hyderabad: The much-awaited Shilpa Layout Phase 2 flyover is finally open to the public. Telangana chief minister inaugurated the flyover at Gachibowli on Saturday, June 28. Named after late senior Congress leader and five-time MLA P Janardhan Reddy, the 1.2 km-long six-lane bi-directional flyover has been built at a cost of Rs 182.72 crore. Built under the Strategic Road Development Programme (SRDP), the new PJR flyover promises smoother vehicular movement between ORR, Kondapur, Hafeezpet, Hitech City, and the Financial District. Addressing the crowd, CM Revanth stated that more flyovers a ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
New Delhi, Jul 15 (PTI) The Indian economy is expected to grow at 6.5 per cent in the current financial year, despite geo-political tensions and trade policy uncertainties, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Tuesday. In an interview with PTI, Dev further said that domestic growth will be driven by low inflation, resulting from good monsoon and benign interest rate regime, triggered by three back-to-back rate cuts by the Reserve Bank of India. "There are significant global headwinds like the twin shocks of geo-political tensions and trade ...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 >
Inflow into the Stanley Reservoir in Mettur increased to 80,984 cusecs on Saturday. Following an increase in inflow, the Water Resources Department (WRD) issued a flood warning to people living in low-lying areas on the banks of the River Cauvery. On Saturday, the dam's water level stood at 117.93 feet against its full capacity of 120 feet. The storage level stood at 90.20 TMC against its full capacity of 93.47 TMC. At 8 a.m., inflow into the dam increased to 73,452 cusecs from Friday's inflow o ...Read More >
New Delhi [India], July 8 (ANI): Karnataka Deputy Chief Minister DK Shivakumar arrived in New Delhi on Tuesday to meet with Union Minister of Jal Shakti CR Patil and Union Minister of Environment, Forest and Climate Change Bhupendra Yadav and discuss unfinished drinking water projects in the state. 'We have two pending projects, one is Kalsa Bhanduri and Yettinahole, One of them is 60% done, but was stopped due to some technical reasons, it was stopped by the Forest Department, so we gave them an alternative land. On the other project, the minister said that they have come to some conclusion ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Wednesday alleged that former chief minister and BRS president K Chandrashekar Rao mortgaged the interests of Telangana to Andhra Pradesh when it came to utilising waters from Godavari and Krishna rivers. "With regard to Krishna water utilization, KCR betrayed Telangana a thousand times more than the injustice done by the rulers in the erstwhile undivided Andhra Pradesh. The BRS leader should be awarded a punishment of 100 whippings," the Chief Minister said, adding that BRS leaders were levelling baseless allegations against the Congress to cover ...Read More >
HYDERABAD: Chief minister A Revanth Reddy will meet Union jal shakti minister CR Patil in Delhi on Wednesday, to press for immediate approvals and financial assistance for Telangana's pending projects on the Krishna river, and to assert the state's rightful share of water.Sources said the Union ministry has invited both Telangana and Andhra Pradesh chief ministers for talks on inter-state river water disputes. While it's unclear whether Revanth and N Chandrababu Naidu will meet the Union minister jointly or separately, Naidu is scheduled to reach Delhi on Tuesday and meet Union home minister A ...Read More >
New Delhi [India], June 8 (ANI): Haryana Chief Minister Nayab Singh Saini said that with cleanliness and yoga, the country will move towards realising the dream of 'Viksit Bharat' at a fast pace. Preparations for International Yoga Day 2025 have begun with the launch of a cleanliness campaign on May 27, and daily yoga classes are underway for the grand event on June 21. CM Saini said, 'When Prime Minister Narendra Modi proposed the idea of Yoga at the United Nations, 177 countries agreed. Today, Yoga, derived from our land, has reached everyone globally. The Prime Minister has worked to spre ...Read More >
VIJAYAWADA: Chief Minister Nara Chandrababu Naidu has unveiled an ambitious vision to position Andhra Pradesh as a global leader in tourism. Addressing a gathering of industry leaders, policymakers and stakeholders at the Andhra Pradesh Tourism Conclave here Vijayawada on Friday, Naidu termed tourism as the engine of future growth. He cited its central role in economic transformation, employment generation and cultural integration. The special guest at the event was Yogrishi Baba Ramdev. Naidu appreciated the efforts of the global forum for sustainable transformation particularly in tourism ...Read More >
SURYAPET : Irrigation and Civil Supplies Minister N Uttam Kumar Reddy on Friday reiterated that the Congress government was committed to protecting Telangana's rightful share of Krishna and Godavari waters at any cost. After inspecting the ongoing irrigation works on Krishna river in Suryapet district, the minister made it clear that there would be no compromise on the state's water rights, which he described as essential for farmers' prosperity and the future of Telangana. Uttam came down heavily on the previous BRS government, holding it responsible for pushing the irrigation sector into a ...Read More >
New Delhi [India], July 7 (ANI): Union Minister of Agriculture and Farmers Welfare & Rural Development, Shivraj Singh Chouhan on Monday inaugurated the 11th edition of the India Maize Summit, organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with (IIMR) Indian Institute of Maize Research. Speaking at event, Chouhan emphasized that 'Farmers' sewa is our mool mantra,' reaffirming the government's commitment to farmer-centric policies. He outlined a multi-pronged strategy to boost maize production, and increase farmer incomes, while ensuring environme ...Read More >
Hyderabad: BRS working president KT Rama Rao on Monday said that no other chief minister than Revanth Reddy has faced so many abuses and insults across the villages in the history of Telugu states. Ridiculing the criticism of KCR by Revanth Reddy, Rama Rao said if he was sitting in the CM's chair it is because of the BRS chief. He made these comments while addressing a group of Congress leaders and workers from Medak who joined the BRS party at Telangana Bhavan. Stating that the Siddipet was once known for pigs and donkeys, the BRS leader said that donkeys have now left from Medak except for ...Read More >
Hyderabad, Dec 4 (VOICE) The earthquake that hit Telangana on Wednesday morning was the second earthquake of over 5 magnitude on the Richter Scale in the region in the last 55 years.According to the National Center for Seismology, an earthquake of 5.3 magnitude was felt at 7.27 a.m. on Wednesday with Medaram in Mulugu district of Telangana as the epicentre. The region experienced an earthquake with a magnitude of 5.7 on April 13, 1969, with Bhadrachalam as the epicentre. According to scientists, both earthquakes were linked to the Godavari rift valley, which is a fault zone. The tremors on ...Read More >
Chennai: Preliminary investigations attribute the fire on the goods train near Tiruvallur to a possible spark from overhead electrical equipment (OHE) igniting fuel leaking from a derailed wagon.The incident paralysed services on the busy Chennai-Arakkonam route and left nearby residents engulfed in thick black smoke. The disruption left thousands of rail passengers stranded, many of whom were unable to get updates as railway helplines went unanswered for hours. The train carrying diesel from Chennai Harbour to Walajah Road Siding was exiting Tiruvallur station around 5.30am on Sunday, when a ...Read More >
Jalgaon (Maharashtra) [India], July 5 (ANI): Inspired by Prime Minister Narendra Modi ji's visionary campaign 'Ek Ped Maa Ke Naam', the second phase of the afforestation initiative - 'Ek Ped Maa Ke Naam 2.0' was successfully concluded in Bhusawal, Jalgaon district. The event was led by Raksha Nikhil Khadse, MoS Youth Affairs and Sports. Sanjay Savkare, Maharashtra Minister of Textiles, was among those present. The afforestation drive was jointly organised by the Ministry of Youth Affairs and Sports, the District Administration of Jalgaon, and My Bharat, Jalgaon, saw the plantation of over 2, ...Read More >