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], September 8 (ANI): Shiv Sena (UBT) leader Anand Dubey, ahead of the vice presidential election, issued a statement on B. Sudershan Reddy on Monday. Speaking to ANI, the UBT leader of Shiv Sena said " "We know that NDA has more numbers..., I hope that B. Sudershan Reddy wins.." Also Read | Indian Stock Market Today: Sensex Ends 70 Points Higher, Nifty Nears 24,800 Boosted by GST Reforms and Bullish Momentum in Auto and Metal Stocks. He further said that the opposition hopes to build consensus among as many people as possible, and the INDIA alliance is vigilant. "INDIA Alliance is vigilant...Our focus is on approaching as many MPs as possible, building consensus on as many people as possible and ensuring that B. Sudershan Reddy wins..." said Radhakrishnan. Also Read | Fact Check: Is Union Finance Minister Nirmala Sitharaman Promoting INR 20 Lakh Investment Scheme? PIB Debunks Fake AI-Generated Advertisement. Meanwhile, commenting on the upcoming vice presidential election, Shiv Sena (UBT) MP Priyanka Chaturvedi said that on the basis of voting, it will become clear who is in favour of the Constitution and who is against it tomorrow. "On the basis of voting, it will be clear who stands on which side, who is in favour of the Constitution and who is against it. In the upcoming Vice-Presidential election, we must not forget why this election has been imposed on us. It has been imposed because they decided to cut short the tenure of one Vice-President and elect a new one; this was done by the BJP. YSRCP, BJD, and other so-called neutral parties, whichever side they vote for, it will become clear whether they stand with those opposing the Constitution or with those defending it..." Chaturvedi told ANI. Earlier on July 21, Jagdeep Dhankhar resigned on the first day of the Monsoon Session of Parliament, citing health reasons, leaving the seat of Vice President vacant. Hence, an election was scheduled on September 9 for the post, which will witness a direct contest between Justice (Retd.) B Sudershan Reddy, backed by the INDIA bloc, and the NDA's nominee, CP Radhakrishnan. (ANI). (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)
Pune (Maharashtra) [India], November 19 (ANI): With the Maharashtra elections approaching, wrestler and Congress MLA from Haryana's Julana, Vinesh Phogat, held a roadshow in Pune to support Congress candidate Datta Bahirat from the Shivajinagar Assembly constituency. She urged voters to ensure a victory for the Maha Vikas Aghadi (MVA), criticising the Mahayuti government for "injustice" by toppling the government elected by the people. "Everything is going well... If people shower their blessings on us on the 20th, we will win with a bigger margin this time. I appeal to voters to respond to ...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 >
Small-cap Stock: Krystal Integrated Services Limited (Krystal) share price rose 5 per cent to ₹779.3 on Tuesday, November 26 after the company announced receiving a ₹106.3 crore contract from the Brihanmumbai Municipal Corporation (BMC). The contract, valued at ₹1,062.99 million ( ₹106.3 crore), covers three years and involves providing comprehensive attendant manpower services to BMC's Education and Security Departments. This initiative is aimed at improving public sector operational efficiency in Mumbai. Small-cap stock Krystal Integrated Services share was trading in the green, up 3.07 pe ...Read More >
Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...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 >
Srinagar, Nov 27 (UNI) Jammu and Kashmir's Road Transport Corporation (RTC), a crucial backbone of public transportation, has raised serious concerns over the barring of its buses from entering Srinagar city limits. The move has triggered alarm within the Corporation, with officials cautioning about significant disruptions to public transport services and daily commutes, alongside substantial financial losses for the RTC. The restriction, in effect since November 4 when the maiden session of the Assembly commenced, is causing a daily revenue loss of Rs. 4 lakh to the Corporation. In a lette ...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 >
NEW DELHI: BJP leader Amit Malviya on Tuesday accused Rahul Gandhi of being "so arrogant that he did not even greet the President" during the 75th Constitution Day event held in Parliament. This comes as the grand old party has often voiced its criticism against the saffron party for not inviting President Droupadi Murmu at the inauguration ceremony of the new Parliament building last year and Ram Temple consecration this year. "Rahul Gandhi is so arrogant that he did not even greet the President. Just because she comes from the tribal community, is a woman and Rahul Gandhi is the prince of ...Read More >
Mumbai Indians (MI) made strategic moves in the IPL 2025 mega-auction, securing New Zealand pacer Trent Boult for ₹12.50 crore. MI owner Akash Ambani praised Boult’s invaluable skill in swinging the new ball, acknowledging the team’s struggles when he wasn’t playing for them in recent years. The franchise also acquired England’s Reece Topley for ₹75 lakh and New Zealand spinner Mitchell Santner for ₹2 crore. MI further strengthened their spin department by signing young Afghan talent Allah Ghazanfar for ₹4.80 crore, who has impressed with his performances in international cricket. ...Read More >
The BE 6e, just as its name sounds, stands out as a futuristic, power-packed, and sporty electric Mahindra SUV on Indian roads. The highly anticipated Mahindra BE 6e, an all-electric compact SUV, has been finally launched at an introductory price of Rs 18.9 lakh (ex-showroom). Globally revealed alongside its sibling, the XEV 9e, this born-electric offering from Mahindra seems to be good enough (on-paper) to position itself as India's answer to luxury compact SUVs from global brands. With its futuristic design, a wealth of modern features, and an impressive power output - the highest in its fa ...Read More >
New Delhi [India], November 18 (ANI): Bharatiya Janata Party leader and in-charge of the party's National IT Department, Amit Malviya, on Monday, criticised the Congress party's 'hypocrisy' over their stance on the Adani Group, pointing to past investments and agreements made with the corporate conglomerate by Congress-ruled states. Taking to social media platform X, Malviya referenced Telangana Chief Minister Revanth Reddy's recent "public admission of accepting money" from the Adani Group on November 10, 2024, pointing out that this acknowledgment contradicted Congress leader Rahul Gandhi's ...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 >
Proceedings in both houses of the Parliament came to halt on Wednesday amid protests by Oppostion members over the Adani Bribery controversy, recent violence in Sambhal in Uttar Pradesh and other issues. Lok Sabha proceedings were initially adjourned until 12 noon and later until Thursday, as Opposition members, including those from Congress, protested and sought to raise various issues at the start of the session. Some members from the Congress and Samajwadi Party were in the Well while other Opposition members stood in the aisle and shouted slogans. The Opposition members wanted to discus ...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 >
Ghaziabad: The police arrested a couple on Wednesday for robbing a pedestrian in Crossings Republik on Nov 15. Wave City ACP Lipi Nagayach said unknown individuals on a scooter snatched a woman's gold chain near Ajnara market in the Crossings Republik area on Nov 15. Once the woman filed a complaint, a case was registered under section 304 (snatching) of BNS, and police teams were formed to probe the incident. "With the help of CCTV footage, manual input, surveillance, and a tip-off, Vivek Pandey (29) and his wife Kirti Sharma (28) were nabbed from Chitrawan society in the Crossings Republik ...Read More >
Infosys has announced an average 85% performance bonus for eligible employees in Q2 FY25, reflecting its strong financial performance. The bonus, paid to mid- and junior-level staff, will be credited with the November salaries, with individual payouts varying based on performance. This follows Infosys' impressive 4.7% rise in Q2 net profit and a revenue increase of 5.1%, leading to an upward revision of its FY25 revenue guidance. The bonus payout surpasses the previous quarter's 80%, with Infosys outpacing rivals like TCS. Employees are also awaiting salary hikes, with revisions expected from ...Read More >
BJP leaders, including Amit Malviya, CR Kesavan, and Pradeep Bhandari, accused Congress leader Rahul Gandhi of arrogance after he allegedly failed to greet President Droupadi Murmu, a tribal woman, during her speech on Constitution Day. Malviya claimed that Gandhi's refusal to acknowledge the President stemmed from her tribal background, while Kesavan and Bhandari pointed to Gandhi's "dynastic entitlement" and anti-tribal sentiments. The President, addressing Parliament, highlighted the significance of India's Constitution and lauded the government's efforts in social justice and inclusive dev ...Read More >
During Tuesday's trading session, the shares of a global leader in glass-lined equipment surged nearly 3 percent to Rs. 1,247.5 on BSE, after a foreign portfolio investor (FPI) bought shares worth a total of around Rs. 167.4 crores in the company via a bulk deal. With a market capitalisation of Rs. 5,524 crores, at 02:19 p.m., the shares of GMM Pfaudler Limited were trading in the green at Rs. 1,228.7, up by nearly 1.4 percent, as compared to its previous closing price of Rs. 1,211.3. As per the latest block deal available with the NSE, foreign portfolio investor Amansa Holdings Private Limi ...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 >
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 >
CHENNAI: Singles, Doubles, and the Team Championship - the 18-year-old Chennai girl, the daughter of an auto driver from Kasimedu, left nothing for competitors from around the world at the sixth edition of the Carrom World Cup held in the US which Team India swept. The Women's Singles final was a hard-fought contest, where the 18-year-old M Khazima kept her nerves to defeat 12-time national and multiple World Cup winner Rashmi Kumari from Bihar. With this victory, Khazima became the youngest Carrom World Champion. Khazima, whose father Mehaboob Basha is an auto driver from Kasimedu, had been ...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 >
A crucial meeting of Manipur's National Democratic Alliance, chaired by Chief Minister N Biren Singh, saw significant absences, with only 27 out of 45 MLAs attending. The meeting, convened amidst rising ethnic violence, resulted in a seven-point resolution demanding immediate action on issues like the reimposition of AFSPA and mass operations against Kuki militants. Tensions within the ruling coalition were evident, as several lawmakers, including a cabinet minister, skipped the meeting without explanation. The resolution included a threat of political consequences if decisions were not implem ...Read More >
HYDERABAD, India, Nov. 26, 2024 /PRNewswire/ -- IBSAT 2024, the proctored online aptitude test conducted by The ICFAI Foundation for Higher Education, is MBA aspirants' gateway to premier MBA, PGPM offered at nine ICFAI Business School (IBS) campuses. With applications closing in the third week of December, this is the perfect time for the candidates to secure their future with IBS and explore its Rs. 10 crore scholarship program. IBSAT is designed to reduce the stress on aspirants unlike CAT, XAT as the test does not have negative markings or sectional time limits, allowing candidates to foc ...Read More >
Delhi Capitals made a strong impression at the IPL 2025 Mega Auction, assembling a well-balanced squad for the upcoming season. Key signings included former South Africa captain Faf du Plessis (Rs 2 crore), India pacer Mukesh Kumar (Rs 8 crore - RTM), and Sri Lankan bowler Dushmantha Chameera (Rs 75 lakh). The team also secured uncapped talents like Donovan Ferreira and Ajay Mandal. Co-owner Parth Jindal hailed the squad as “balanced,” while head coach Hemang Badani expressed confidence in their Indian core. Delhi Capitals’ full squad now includes big names like KL Rahul, Mitchell Starc, and T ...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 >
Major blast outside Badshah's nightclub in Chandigarh, glass window shatters; no casualty Amid linkup rumours with Abhishek Bachchan, Nimrat Kaur says 'that spotlight belonged to you': 'Main ta bahut lucky..' 'One Nation One Subscription': Centre's scheme to ensure access to research articles, journals EXPLAINED Shillong Teer Results TODAY November 26, 2024: Check winning numbers here Meet woman who has become the youngest to travel all 195 countries, she is from... Kerala lottery TODAY November 26 Live Sthree Sakthi SS 443 Tuesday, check winning ticket, prize money here The Matrix villa ...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 >
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 >