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.
Visakhapatnam (Andhra Pradesh) [India], September 8 (ANI): The Indian Navy deployed firefighting units and a Seaking helicopter to assist in controlling a fire that broke out at East India Petroleum Chemicals (EIPL) in Visakhapatnam on Sunday. According to the Indian agencies, in their combined efforts to douse the fire, the Indian Navy's Seaking Helicopter was deployed with an underslung fire bucket to assist in dousing the blaze. The helicopter undertook multiple sorties from INS Dega, dropping large quantities of water and foam over the seat of the fire, bringing down the temperature and suppressing the flames. The blaze has been brought under control; dousing operations are still in progress. (ANI)
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 >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
New Delhi [India], June 27 (ANI): Chief of the Naval Staff (CNS), Admiral Dinesh K Tripathi, presented Gallantry and Distinguished Service Awards to Naval Personnel at the Naval Investiture Ceremony held for the first time at the newly constructed Nausena Bhawan in Delhi on Friday. The awards were conferred to honour and recognise bravery, leadership, professional achievement and distinguished service of Naval Personnel. A total of 51 personnel were conferred with awards during the ceremony,y which included one Yudh Seva Medal, thirteen Nausena Medals (Gallantry), eight Nausena Medals (Devot ...Read More >
New Delhi [India], June 30 (ANI): Despite an uncertain and challenging global economic backdrop, the Indian economy remains a key driver of global growth -- underpinned by sound macroeconomic fundamentals and prudent macroeconomic policies, RBI said in its latest Financial Stability Report. Elevated economic and trade policy uncertainties are testing the resilience of the global economy and the financial system. Also Read | 'I Stand Firmly With Diljit': Actor Naseeruddin Shah Comes Out in Support of Punjabi Singer-Actor Diljit Dosanjh Amid 'Sardaar Ji 3' Controversy. "Financial markets rema ...Read More >
Dehradun (Uttarakhand) [India], July 4 (ANI): Following the completion of four years as the Chief Minister of Uttarakhand, Pushkar Singh Dhami said that in the past four years, he has faced many challenges, but with the "grace of god", every time it became an "opportunity" for him. Pushkar Singh Dhami participated in the 'Northern Region Ministers Conference on Civil Aviation' in Dehradun. He was accompanied by Union Minister of Civil Aviation Ram Mohan Naidu. Also Read | PNB, Indian Bank and Bank of India Cut MCLR by 5 BPS in July 2025 After RBI Repo Rate Cut; Home, Personal Loans May Get C ...Read More >
Raigad (Maharashtra) [India], July 8 (ANI): Maharashtra Police beefed up the security along the Raigad coastline after the Indian Coast Guard informed the ICG Murud in the Raigad district that a 'suspicious' Pakistani boat had been spotted 2.5 to 3 nautical miles offshore near the Korlai coast. However, after the police investigation, it was discovered that the 'suspicious object' spotted is likely a fishing net buoy fitted with a GPS tracker, used to prevent nets from sinking and to facilitate retrieval, police said in a statement. Also Read | Gold Rate Today, July 8, 2025: As Gold Price Co ...Read More >
New Delhi [India], June 8 (ANI): External Affairs Minister S. Jaishankar will undertake an official visit to France, the European Union (EU), and Belgium from June 8 to 14, 2025, the Ministry of External Affairs announced in a press release on Sunday. The visit marks a significant step in further strengthening India's strategic partnerships with Europe. The EAM will first travel to Paris and Marseille, France, where he will hold bilateral discussions with the Minister for Europe and Foreign Affairs of France, Jean Noel Barrot. Also Read | Indian Citizen Dies in UAE: Civil Engineer Issac Paul ...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 >
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 >
New Delhi [India], July 6 (ANI): Prime Minister Narendra Modi stated that he was deeply saddened to learn about the loss of lives, especially children, in the devastating floods in Texas and offered his condolences to the US government. In a post on X on Saturday evening, PM Modi said, 'Deeply saddened to learn about loss of lives, especially children in the devastating floods in Texas. Our condolences to the US Government and the bereaved families.' https://x.com/narendramodi/status/1941559299869900822 As per CNN, Torrential rain has caused flash flooding in parts of central Texas, that ha ...Read More >
Pakyong (Sikkim) [India], June 6 (ANI): As part of the ongoing evacuation efforts in response to the recent disaster in North Sikkim, the first helicopter sortie of the day took off early this morning from Pakyong Greenfield Airport towards Chaten to rescue stranded tourists, according to an official statement. The Mi-17 helicopters are carrying essential supplies for Army personnel stationed in and around the Chaten area. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for June 06, 2025 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game. The opera ...Read More >
New Delhi [India], June 30 (ANI): In a swift and decisive operation, the Indian Navy's stealth frigate INS Tabar responded to a distress call from the Panamanian-flagged tanker MT Yi Cheng 6 in the Gulf of Oman on June 29. The vessel, carrying 14 Indian crew members and transiting from Kandla, India, to Shinas, Oman, reported a major fire in its engine room, resulting in a complete power failure. Also Read | Waqf Act Controversy: RJD Leader Tejashwi Yadav Call for 'Throwing Waqf Act in Dustbin' Sparks Political Storm, Parties Trade Barbs. In a post on X, the Indian Navy spokesperson said, " ...Read More >
Dehradun (Uttarakhand) [India], July 5 (ANI): Chief Minister Pushkar Singh Dhami participated in the Civil Aviation Conference-2025 organised in Dehradun on Friday. Union Civil Aviation Minister Kinjarapu Rammohan Naidu and Civil Aviation Ministers of North India also attended the conference. Chief Minister said that this conference is a testimony to the historic progress made in the civil aviation sector of the country under the leadership of Prime Minister Narendra Modi. He said that by connecting small cities and remote areas with air connectivity through the Udan scheme, not only has ai ...Read More >
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 >
Sangareddy (Telangana) [India], June 30 (ANI): At least 8 people were killed and 26 injured following the explosion at a chemical factory in Pasamailaram Phase 1 area of Telangana's Sangareddy district on Monday, as the rescue operation is in progress, a police official said. V Satyanaryana, Inspector General, Multi Zone II, said, "There was a blast at Sigachi Pharma, a chemical production factory in Pasamailaram. The incident occurred around 8:15-9:35 am, and the police were informed within 10 minutes. We reached the spot within 20 minutes. NDRF, SDF, and other rescue teams, along with 10 fi ...Read More >
New Delhi [India], July 1 (ANI): Oil marketing companies revised the prices of commercial LPG gas cylinders on Tuesday, reducing the cost of a 19 kg commercial cylinder by Rs 58.50. The new rates came into effect from July 1, bringing relief to commercial users such as hotels, restaurants, and businesses. While in Delhi, with the latest revision, the retail sale price of a 19 kg commercial LPG cylinder was set at Rs 1665, down from the previous rate. There was, however, no change in the price of 14.2 kg domestic LPG cylinders, which are widely used in households. Also Read | Bhopal Shocker: ...Read More >
Visakhapatnam, Jul 4: Sub Lieutenant Astha Poonia officially became the first woman to be streamed into the fighter stream of the Indian Navy. Paving the way for a new era of women fighter pilots in the force, and shattering barriers, Poonia also received the prestigious 'Wings of Gold' from Rear Admiral Janak Bevli, Assistant Chief of the Naval Staff (Air). According to the Ministry of Defence, the Indian Navy celebrated the graduation of the Second Basic Hawk Conversion Course at the Naval Air Station, INS Dega, in Visakhapatnam. Lieutenant Atul Kumar Dhull and Sub-Lieutenant Astha Poonia ...Read More >
New Delhi [India], December 3 (ANI): Oilfields (Regulation and Development) Amendment Bill, 2024 to expand the definition of mineral oils and include petroleum and natural gas passed in the Rajya Sabha on Tuesday. The bill was introduced by Union petroleum and natural gas minister Hardeep Singh Puri for consideration and passing. The Bill will regulate the exploration and extraction of natural gas and petroleum. The amended bill expands the definition of mineral oils to include petroleum and natural gas in it. Also Read | Pune: Doctors Perform Rare Laser Surgery on Woman Pregnant With Monoam ...Read More >
Thrissur (Kerala) [India], June 7 (ANI): Union Minister of State for Tourism & Petroleum and Natural Gas, Suresh Gopi, met actor Shine Tom Chacko at a private hospital in Thrissur. Malayalam actor Chacko was admitted to the hospital after he met with a road accident in Madurai, Tamil Nadu. Chacko and his family were in a car accident, in which the actor lost his father. South India International Movies Awards (SIIMA) took to X and extended condolences to Chacko and his family. SIIMA wrote, 'Malayalam actor Shine Tom Chacko was injured in a tragic car accident near Dharmapuri, Tamil Nadu. T ...Read More >
Rudraprayag (Uttarakhand) [India], June 7 (ANI): A helicopter carrying five devotees en route to Kedarnath Dham made an emergency landing on a national highway near Bharasu in Uttarakhand's Rudraprayag district on Saturday, temporarily disrupting traffic in the region, officials said. According to officials, the chopper - an AW119 operated by Kestrel Aviation Private Limited - developed a sudden technical fault during takeoff, prompting the pilot to carry out a hard but controlled landing on the nearby road. Also Read | ICU Horror at ESIC Medical College in Rajasthan: 32-Year-Old Woman Alleg ...Read More >
Hyderabad (Telangana) [India], July 4 (ANI): Congress chief Mallikarjun Kharge on Friday came down heavily on the Rashtriya Swayamsewak Sangh (RSS) over its pitch to reconsider the words 'secular and socialist' from the Preamble of the Indian Constitution while saying that it was 'all talk'. He dared and challenged RSS General Secretary Dattatreya Hosabale and top leaders of the ruling Bharatiya Janata Party (BJP) in the centre to remove the words 'secular and socialist' from the Preamble. 'Days before, I heard that some RSS person said that we should remove Secular and Socialist words from ...Read More >
Dehradun (Uttarakhand) [India], July 5 (ANI): Chief Minister Pushkar Singh Dhami participated in the Civil Aviation Conference-2025 organised in Dehradun on Friday. Union Civil Aviation Minister Kinjarapu Rammohan Naidu and Civil Aviation Ministers of North India also attended the conference. Also Read | Centre Notifies Waqf Management Rules 2025; Portal, Database, Audit of Waqf Properties. Chief Minister said that this conference is a testimony to the historic progress made in the civil aviation sector of the country under the leadership of Prime Minister Narendra Modi. He said that by co ...Read More >
Mumbai, July 7 (PTI) After a 20-hour search operation involving multiple agencies, the "suspicious boat" spotted in the Arabian sea in Maharashtra's Raigad district has been identified as a fishing net buoy which was drifted into the Indian waters with an AIS transponder, police said on Monday. Considering the high alert situation, the sensitive operation has not been called off yet, said Raigad Superintendent of Police Aanchal Dalal. The Indian Coast Guard on Sunday night informed the police that the suspected Pakistani boat, "Muqadar Boya 99" with a boat number MMSI-463800411 was spotted n ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent muted demand scenario. Select companies from metals, pharmaceuticals, cement, banking and finance and ...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 >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
New Delhi [India], June 26 (ANI): The Ministry of External Affairs clarified India's position on importing crude oil from Iran on thursday, stating that energy purchases are based on 'market factors and the prevailing global situation.' 'Our energy requirements, or the energy purchases we make, are based on market factors and the prevailing global situation,' MEA spokesperson Randhir Jaiswal said in THEIR weekly briefing. Further, the Ministry also expressed deep concerns about the situation in West Asia, including the Israeli attacks on nuclear scientists and certain universities in Iran. ...Read More >
New Delhi, Jul 1 (PTI) The Indian Navy contained a fire on board a Palau-flagged tanker in the North Arabian Sea and ensured safety of 14 of the vessel's Indian crew members. The Navy swung into action and launched the fire-fighting operation after receiving a distress call from the vessel on Sunday. The vessel reported a major fire in its engine room while operating approximately 80 nautical miles east of Fujairah in the United Arab Emirates (UAE). "The Indian Navy undertook a high-risk fire fighting and rescue operation on-board Palau-flagged tanker MT Yi Cheng 6 on June 29 in the North A ...Read More >
New Delhi: The Indian Navy led critical firefighting and rescue operations on Palau-flagged tanker MT Yi Cheng 6 in the North Arabian Sea on June 29, officials said on Tuesday. "In the early hours of 29 June, INS Tabar, on mission-based deployment, received a Mayday distress call from MT Yi Cheng 6. The vessel reported a major fire outbreak in its engine room whilst operating approximately 80 nautical miles east of Fujairah, UAE. Responding swiftly, INS Tabar proceeded at maximum speed to provide assistance," the Indian Navy said in a statement. The officials added that the ship reached in v ...Read More >
ISLAMABAD: Indian Deputy Chief of Army Staff Lt Gen Rahul R Singh Friday claimed China used the four-day Pakistan-India conflict in May like a "live lab" to test various weapon systems and was providing all possible support to Islamabad in line with its ancient military strategy of killing the adversary with a "borrowed knife". The senior Indian military officer claimed while Pakistan was the "front face", with China extending all possible support to its all-weather ally, Turkiye was also playing a major role by supplying military hardware to Islamabad, adding that India was actually dealing w ...Read More >