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.
The world of work has fundamentally changed. The once-clear lines between the office and home have blurred, and many businesses are still navigating how to make a hybrid work model truly effective. For every Australian SME, the question isn't whether to offer flexibility, but how to do it without compromising productivity or culture. The truth is, while remote work has its benefits, it also presents unique challenges. Maintaining a cohesive team and ensuring everyone has a professional space to
Mumbai, July 11 (SocialNews.XYZ) Lower back pain is a national crisis that can affect the country's productivity, said Adani Group Chairman Gautam Adani on Friday, urging entrepreneurs to build India's first AI-powered spinal diagnostic platform. He was addressing the 5th Annual Conference of the Society for Minimally Invasive Spine Surgery-Asia Pacific (SMISS-AP), in Mumbai. The Adani Group Chairman expressed shock over lower back pain becoming a leading cause of disability in the country and noted how it can destroy the dreams of the nation. "I was shocked to learn that low back pain is n ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite MI's dominant chase of 220. KKR seemed in control after posting a commanding 220/4, but the script ...Read More >
Flipkart has launched 'Flipkart Black', a premium subscription program offering members benefits across shopping, entertainment, and travel for an annual fee of INR 1499. Key perks include a free one-year YouTube Premium subscription and exclusive member-only deals. The program targets affluent, digitally savvy customers seeking a personalized experience. Flipkart, one of India's leading e-commerce platforms, has rolled out 'Flipkart Black', a premium membership designed to enhance the digital e ...Read More >
Jammu : The Indian Institute of Management (IIM) Jammu stands at a luminous crossroads in its journey -- one defined by ambition, perseverance, and a resounding affirmation of its rising stature. In what can only be described as a golden chapter in the Institute's evolution, IIM Jammu has accomplished a feat few in the nation can claim: the rare distinction of securing not one, but two of the most coveted international accreditations -- BGA and EFMD Accreditation for MBA program -- within a single remarkable year. These accolades speak volumes of the Institute's steadfast commitment to academ ...Read More >
New Delhi: Non-banking financial companies (NBFCs) will be central to India's journey towards becoming a Viksit Bharat (developed nation) by 2047, but they must follow responsible and transparent lending practices, finance minister Nirmala Sitharaman said on Wednesday. Addressing the NBFC Symposium 2025, organized by the department of financial services (DFS) in New Delhi, Sitharaman said interest rates must remain reasonable, rate cuts must be passed on to borrowers, and all charges must be clearly disclosed, free from hidden fees or complex terms. "Lending should be based on genuine needs ...Read More >
PMMY was built on a revolutionary idea that the Indian state could trust its most marginalised citizens with credit, when the formal banking system hesitated Financial inclusion has been at the forefront of the agenda of the Narendra Modi government. In the last decade, India witnessed a silent transformation where millions of ordinary citizens stepped into entrepreneurship with newfound confidence and agency. At its heart lies an initiative launched on April 8, 2016, by the prime minister, the ...Read More >
WeWork India IPO: WeWork India, a flexible workspace solution in India, has set the price band for its maiden public issue in the range of ₹615 to ₹648 per equity share. The mainline offering comprises an offer for sale (OFS) of 46.3 million equity shares aggregating to ₹3,000 crore. There is no fresh issue component. According to the red herring prospectus (RHP), the company has reserved at least 75 per cent of the issue for qualified institutional buyers (QIBs), not more than 15 per cent for retail investors and not more than 10 per cent for non-institutional investors (NIIs). WeWork India ...Read More >
New Delhi, Apr 8 (UNI) Prime Minister Narendra Modi on Wednesday marked 11 years of the Pradhan Mantri Mudra Yojana, stating that the initiative has played a significant role in boosting self-employment among the country's youth. In a post on X, the Prime Minister said, "Exactly 11 years ago today, the Prime Minister's Mudra Yojana was launched, and it has proven to be highly beneficial in promoting self-employment among the youth." He added that the scheme's success demonstrates how access to the right opportunities can empower individuals to become self-reliant while contributing to n ...Read More >
New Delhi [India], July 1 (ANI): Union Minister of State for Textiles and External Affairs Pabitra Margherita inaugurated the 73rd edition of India International Garment Fair (IIGF) on Tuesday. The inauguration took place in the presence of Chairman AEPC Sudhir Sekhri, prominent industry leaders and a large number of international buyers and exhibitors. Delivering his inaugural address, Margherita said, '73rd edition of the India International Garment Fair (IIGF) is Asia's largest and most dynamic garment fair. This fair is not just a showcase of fabrics and fashion; it is a celebration of t ...Read More >
Tirupati/Chittoor: After chilli and tobacco farmers, mango growers are now in focus as YSRCP chief Y S Jagan Mohan Reddy looks to raise the political heat in the state. A bumper mango yield this year has brought little joy to farmers, who are struggling with falling prices. Despite the state government's swift action, announcing subsidies and deploying officials to assist distressed farmers, the issue has turned political. Looking to capitalise on the unrest, Jagan will visit Bangarupalem market yard on July 9 to console mango farmers. In fact, the government claims that Andhra Pradesh's pr ...Read More >
Lucknow, Jul 17 (PTI) Uttar Pradesh's capital city has secured the third position in the category of urban spaces with population exceeding 10 lakh, while Prayagraj was adjudged the Cleanest Ganga City in the ninth edition of the Swachh Survekshan. Lucknow also became the first city in the state to achieve a 7-star Garbage Free City rating in the 2024-25 survey. Gorakhpur achieved double success, ranking third in the Safai Mitra Surakshit Sheher category and fourth among cities with a population between 3 to 10 lakh. Agra has been recognised as the Emerging Clean City of Uttar Pradesh, securi ...Read More >
More than two in five multinational companies (MNCs) are planning to increase their trade and manufacturing operations in India, according to a recent report, "Future of Trade: Resilience" by Standard Chartered. The bank attributes this interest to India's status as "the world's most populous market and one of the fastest-growing large economies," highlighting the country's appeal to global businesses. The report underscores India's growing prominence as a hub for multinational investment, driven by its expanding consumer base, favorable business reforms, and strategic location within Asia. A ...Read More >
Koppal: Union finance minister Nirmala Sitharaman is set to visit the districts in the Kalyana Karnataka region from Oct 15 to 17 to inaugurate several projects. She will officially launch various initiatives in Koppal on Oct 15, in Ballari on Oct 16, and in the Vijayanagara district on Oct 17. She will unveil projects that were developed with funding from the Union govt, as well as those that are still in progress. Among the projects, the finance minister will inaugurate a cold storage facility ...Read More >
New Delhi [India], October 22 (ANI): The Reserve Bank of India (RBI), in its latest Bulletin, highlighted that corporate growth in India will be shaped by strengthening supply chains, improving cost efficiencies, and fostering technological innovations. The central bank noted that these factors will play a key role in maintaining competitiveness and shaping overall corporate performance in the years ahead. Also Read | Centre Notifies Gallantry Award Citations for Defence Personnel, Including Heroes of Operation Sindoor. It stated, "Strengthening supply chains, improving cost efficiencies, a ...Read More >
Giridih (Jharkhand), April 8 (SocialNews.XYZ) The Pradhan Mantri Mudra Yojana (PMMY) is emerging as a strong pillar of support for small entrepreneurs in Jharkhand's Giridih district, enabling hundreds of people to start their own ventures and move towards financial independence. Under the scheme, collateral-free loans have facilitated the establishment of various small businesses, including retail shops, tailoring units, mineral water plants, e-rickshaws, and street vending enterprises. This has significantly strengthened the spirit of self-reliance among locals, particularly among women, wh ...Read More >
New Delhi [India], July 2 (ANI): Union Minister of Communications Jyotiraditya Scindia slammed Congress President Mallikarjun Kharge while responding to his 'X' post, which targeted the Union Government for making 'false claims' and 'unfulfilled promises' about the Digital India mission. The Union Minister mentioned that India's era of 'buffering' ended with the Congress regime, whereas the nation has shifted to 5G under Prime Minister Narendra Modi. Jyotiraditya Scindia thanked Congress president Kharge for another opportunity to 'enlighten' him and stated that every time the opposition has ...Read More >
New Delhi [India], July 1 (ANI): Prime Minister Narendra Modi shared a blog titled "A Decade of Digital India" on his official LinkedIn handle, celebrating 10 years of the Digital India mission. He described how India has transformed from limited internet access and digital services in 2014 to becoming a global leader in digital technology in 2024. Also Read | Lea Seydoux Birthday: Charming Red Carpet Looks to Ogle At (View Pics). PM Modi said that earlier, people doubted if Indians could use technology well. But the government trusted the people and used technology to bridge the gap betwee ...Read More >
Mumbai, July 11: Lower back pain is a national crisis that can affect the country's productivity, said Adani Group Chairman Gautam Adani on Friday, urging entrepreneurs to build India's first AI-powered spinal diagnostic platform. He was addressing the 5th Annual Conference of the Society for Minimally Invasive Spine Surgery-Asia Pacific (SMISS-AP), in Mumbai. The Adani Group Chairman expressed shock over lower back pain becoming a leading cause of disability in the country and noted how it can destroy the dreams of the nation. "I was shocked to learn that low back pain is now a leading cause ...Read More >
New Delhi [India], September 27 (ANI): The Government e Marketplace (GeM) and the Arun Jaitley National Institute of Financial Management (AJNIFM), on Wednesday, signed a Memorandum of Understanding (MoU) to strengthen India's public procurement system through training, research and knowledge building. According to a statement, the MoU, signed in Delhi, aims to integrate GeM's digital procurement platform with AJNIFM's expertise in training and capacity building. The release stated that the coll ...Read More >
Chennai: DMK chief M K Stalin on Monday said his party manifesto for the April 23 Assembly election was a "game-changing" plan for Tamil Nadu as it underscored the steps towards progress. The monetary support announced in the poll manifesto, he said, was a "smart economic multiplier" that would uplift the local economy, support small businesses, upskill people, and upgrade long-term outcomes. "Development and welfare move together proving you can build infrastructure, grow the economy, and uplift people simultaneously. From one-size-fits-all to choice-based governance," the Tamil Nadu chief ...Read More >
BENGALURU: Anthropic's business in India has doubled in just four months, according to its chief executive officer Dario Amodei, who pointed to rapid growth in developer usage and increasing government adoption of artificial intelligence tools. Speaking at Anthropic's Builder Summit in Bengaluru, Amodei said, "Anthropic's business, its run rate revenue within India, has doubled over the last four months since I last visited." He added that Claude Code "may have grown even faster with this set of developers". Amodei said India stands out for the depth of developer engagement. "One of the most ...Read More >
New Delhi [India], June 27 : On this MSME Day, entrepreneurs and small business founders across various sectors have ... New Delhi [India], June 27 : On this MSME Day, entrepreneurs and small business founders across various sectors have come forward to highlight the key challenges they face while running their businesses. The United Nations General Assembly has designated June 27 as "Micro-Small, and Medium-sized Enterprises Day" to raise awareness of the contributions of MSMEs in the achievement of the United Nations Sustainable Development Goals (SDGs). From the need for better digital i ...Read More >
West Bengal Assembly Elections: BJP Likely to Announce First List of Candidates This Week More than ₹40 lakh crore in collateral-free loans have been sanctioned under the Pradhan Mantri Mudra Yojana over the past eleven years, marking a major expansion of formal credit access for India's small businesses and micro entrepreneurs. The flagship micro-credit programme, launched on April 8, 2015, has issued over 58 crore loans so far, helping individuals start or expand small enterprises across sectors. Marking the anniversary of the scheme, Union Home and Cooperation Minister Amit Shah said, "Th ...Read More >
The history of reform episodes, recently reviewed by the IMF, shows that the pace of reform efforts has more than halved since the global financial crisis of 2008-09 It is pertinent that structural reforms come into focus following economic crises, be they local or global. It is no different this time. With a series of crises in the backdrop, starting with a pandemic, then war and sanctions, more armed conflicts, and much else that continue, structural reforms have become critical for enhancing growth. The medium-term outlook for the world economy is gloomy, according to the International Mon ...Read More >
Lucknow: Stating that youth and women are collecting business leads and forging deals at the UPITS 2025, an official spokesperson on Sunday informed that present-day youth are emerging as job creators rather than job seekers.Take the example of 23-year-old Yash Gupta, who scaled up his father's company. "This is our first time at UPITS, and the response has been overwhelming. We've received around 25 strong leads in just three days. The Yogi govt's initiatives are a big step forward in empowering entrepreneurs like us," he said.Another entrepreneur, 28-year-old Nilesh Agarwal from Lucknow, who ...Read More >
CHENNAI: Calling the DMK manifesto that was released on Sunday as the 'superstar that has entered the electoral area', the party president and Chief Minister M K Stalin said that it was an all-rounder that gave promises to women, students, youth, farmers, fisher folk, weavers, differently-abled, minorities and others. In his message on X, Stalin said on Monday that the manifesto was a "game-changing" plan for the State as it listed six steps towards progress with four for youth and two for farmers, besides a plethora of other aspirations for housing and infrastructure, governance, women and f ...Read More >
New Delhi: Leaders of the 24 party I.N.D.I.A. bloc met virtually on Saturday to finalise their strategy for the Monsoon Session of Parliament, which begins on Monday. They agreed to focus on eight priority issues, while reserving the option to raise additional local concerns as they arise. Among the key issues identified are Pahalgam terror attack and the Centre's response, Operation Sindoor and US President Donald Trump's claim that he brokered an India Pakistan cease fire ("five jets were shot down"), foreign policy questions, including India's position on the Gaza conflict, Special Intensi ...Read More >
More than half of employers (56 per cent) in India intend to expand their workforce in the second half of the current financial year (H2 FY26), while 27 per cent plan to maintain stability and 17 per cent foresee rationalisation, a report said on Wednesday. New Delhi, More than half of employers (56 per cent) in India intend to expand their workforce in the second half of the current financial year (H2 FY26), while 27 per cent plan to maintain stability and 17 per cent foresee rationalisation, a ...Read More >
New Delhi [India], June 27 (ANI): On this MSME Day, entrepreneurs and small business founders across various sectors have come forward to highlight the key challenges they face while running their businesses. Also Read | Microsoft Shuts Down Iconic 'Blue Screen of Death'. The United Nations General Assembly has designated June 27 as "Micro-Small, and Medium-sized Enterprises Day" to raise awareness of the contributions of MSMEs in the achievement of the United Nations Sustainable Development Goals (SDGs). From the need for better digital infrastructure and skilled workforce to smoother acce ...Read More >
Inaugurates 'Youth Adda' platform, launches CM Yuva mobile app, unveiled ODOP Common Facility Centre projects Chief Minister Yogi Adityanath on Friday alleged that the previous governments in Uttar Pradesh were too busy fueling caste-based conflicts, which left the youth of the state struggling with an identity crisis. Launching initiatives to promote entrepreneurship during a ceremony in Lucknow to mark World MSME Day, the CM said the past governments not only encouraged caste-based divisions ...Read More >