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.
Leh, Sep 13 (PTI) Around 1,650 runners, including students and persons with disabilities, on Saturday turned up for the 'Run for Fun' marathon, which was part of the 12th edition of Ladakh Marathon, here, an official said. Ladakh Lieutenant Governor Kavinder Gupta flagged off the marathon near the NDS Ground, saying the event not only boosted tourism but also created new livelihood opportunities for the local communities by attracting runners from across India and abroad. "The Ladakh Marathon has emerged as one of India's most prestigious long-distance races, which is now a globally recognised endurance event. With more than 6,000 runners from over 30 countries participating this year, the marathon has put Ladakh firmly on the global sporting map," Gupta said. The event's challenging high-altitude terrain, coupled with Ladakh's unique culture, makes it a rare and inspiring experience for the participants, the L-G added. Despite the oxygen-thin atmosphere and unpredictable mountain weather, runners show remarkable enthusiasm during the event, he said. Gupta also underlined that AIMS certification, iconic races like Khardung La Challenge and Silk Route Ultra, and the warm participation of Ladakhi people have made the event truly distinctive. The L-G expressed special appreciation for the participation of persons with disabilities, noting that their determination and spirit are a true inspiration for the society, reflecting the inclusive spirit of the marathon and sending a powerful message of courage, equality, and perseverance. Gupta also appealed to the youth to actively take part in sports and physical activities, stressing that sports not only build fitness and discipline but also provide opportunities for personal growth and national pride. PTI TAS ARI
Shimla (Himachal Pradesh) [India], December 11 (ANI): A Bharatiya Janata Party (BJP) delegation, led by senior leaders, met Himachal Pradesh Governor Pratap Shukla recently to submit a comprehensive 106-page memorandum titled "Kachcha Chittha". The document, which alleges rampant corruption and administrative failures in the two years of Congress rule under Chief Minister Sukhvinder Singh Sukhu, aims to hold the state government accountable for what the BJP describes as a period of "unprecedented mismanagement and destruction." Speaking to the media after meeting the Governor, Himachal Prade ...Read More >
New Delhi: The Enforcement Directorate (ED) on Friday carried out searches at 15 places in Mumbai and Kochi in connection with the Mithi River desilting scam that caused a wrongful loss of more than Rs 65 crore to the Brihanmumbai Municipal Corporation (BMC), official sources said. The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities. According to the sources, the searches are being carried out under the provisions of the Prevention of Money Laundering Act (PMLA) at locat ...Read More >
Katra (JK), Jun 6 (PTI) Jammu and Kashmir Lieutenant Governor Manoj Sinha on Friday hailed the inauguration of two engineering marvels on the Udhampur-Srinagar-Baramulla Railway Link as a historic moment. "What a momentous day! 06 June, 2025 will go down in history. Hon'ble PM Sh Narendra Modi Ji inaugurated Chenab bridge, the world's highest railway arch bridge & Anji bridge, India's first cable-stayed rail bridge, making the dream of connecting Kashmir to Kanyakumari, a reality," Sinha posted on his X handle. Prime Minister Modi inaugurated the Chenab and Anji bridges and is set to launch ...Read More >
Berhampur (Odisha), Jun 6 (PTI) Environmental activist Medha Patkar on Saturday appealed to the people of Odisha for protection of Rushikulya river. The government planned to construct a dam in the river Pipalapnaka under Sorada block in the district. While participating in the Save Rushikulya river movement in Ganjam district, she said, "Rivers may be small or big, but they are our mother. We have to protect the rivers from attacks." She attended a meeting were organised by the Rushikulya Banchao Kriyaanusthan Committee (RBKC) and the Centre for Climate Justice, spearheading the agitation a ...Read More >
Srinagar, Jun 6 (PTI) The Jammu and Kashmir unit of BJP on Friday described the completion of the Udhampur-Baramulla rail link as a "historic moment", and called the project a "precious Eid gift" for the people of the Union Territory. "The Udhampur-Baramulla railway connectivity is not just a feat of engineering, but a symbol of hope, development, and national integration.This is truly a historic moment for Jammu and Kashmir," BJP's J-K spokesperson Altaf Thakur said here. He said the ambitious rail project will revolutionise travel in the region, boost tourism, and open up economic opportun ...Read More >
New Delhi, Jun 6 (PTI) Former Delhi minister Satyendar Jain was questioned by the Anti-Corruption Branch (ACB) for over five hours on Friday in connection with a graft case related to the construction of classrooms in city government schools under the previous AAP dispensation. Sources said Jain was evasive in his replies and might be called for questioning again. Jain, who was the Public Works Department (PWD) minister in the AAP government, termed the case "politically motivated". According to the sources, Jain was given a written questionnaire with 29 questions. "He tried to put the bla ...Read More >
Jaipur, Feb 3 (PTI) Rajasthan Agriculture Minister Kirodi Lal Meena will not attend the ongoing Budget Session of the state Assembly due to ill health, Speaker Vasudev Devnani said on Monday. Meena had sought permission to remain absent from the House due to health reasons. His request was approved on Monday, Devnani informed the House at the beginning of the Zero Hour. "I have to inform the House that Assembly member Kirodi Lal has sought permission to remain absent from the meetings of the House due to ill health till the end of the session," he said. Amid the uproar by members, the Speak ...Read More >
Thiruvananthapuram, Jun 5 (PTI) The presence of a Bharat Mata portrait, allegedly associated with RSS shakhas, at a World Environment Day event at the Raj Bhavan on Thursday led to the state government boycotting the programme, prompting Governor Rajendra Vishwanath Arlekar to assert that there would be no compromise on Bharat Mata. Kerala Agriculture Minister P Prasad, who boycotted the event, said that the state government respects Bharat Mata, but using an image commonly associated with RSS shakhas for an official function at Raj Bhavan is unconstitutional. While the Raj Bhavan went ahead ...Read More >
Mumbai, Jun 6 (PTI) Reserve Bank on Friday retained GDP growth projections for the current fiscal at 6.5 per cent, saying the Indian economy presents a picture of strength, stability and opportunity in the backdrop of global uncertainty. The FY26 growth projections are compared with the 6.5 per cent economic growth recorded in the 2024-25 fiscal year. The Reserve Bank of India (RBI) has projected economic growth at 6.5 per cent for the June quarter and 6.7 per cent for the September quarter. For the December and March quarters of FY26, GDP growth is estimated at 6.6 per cent and 6.3 per cent ...Read More >
Guwahati/Morigaon, Jun 6 (PTI) The flood situation in Assam continued to be critical with over 5.6 lakh people reeling under the deluge in 16 districts, an official bulletin said on Friday. The toll in this year's floods and landslides stands at 21, with two more deaths reported on Thursday. Also Read | Thane Shocker: Wife Booked for Hurling Hot Oil on Autorickshaw Driver During Fight Over Domestic Issues in Kalyan. Wildlife has also been affected with nearly 70 per cent of the Pobitora Wildlife Sanctuary in Morigaon district facing inundation, an official said. The Regional Meteorological ...Read More >
Itanagar, Dec 5 (PTI) The Arunachal Pradesh government has inked a memorandum of agreement (MoA) with the Indian Army for the maintenance and upkeep of the Major Ralengnao Bob Khathing Museum of Valour in Tawang district. The memorandum was signed by Tawang Deputy Commissioner Kangki Darang and Brigadier VS Rajput of the 190 Mountain Brigade on Wednesday in the presence of Chief Minister Pema Khandu. With this agreement, the museum will be effectively managed solely by the Indian Army, an official statement said here on Thursday. On the occasion, Khandu paid tributes to Sardar Vallabhbhai P ...Read More >
Katra, Jun 6 (PTI) As the valley delves into jubilation over freshly launched rail connectivity, traders in adjacent Jammu were a bit subdued, apprehending a loss of business because of the travellers bypassing them wholesale straight to Kashmir. As a result, traders' outfits in the district have urged the government to think about the economic impact and address it. "We congratulate the prime minister on this historic step. It will provide Kashmir with all-weather connectivity. But it will inevitably affect business in Jammu. The government must look into this aspect," Jammu Traders' Associ ...Read More >
Katra: Prime Minister Narendra Modi visited Jammu and Kashmir on Friday to inaugurate multiple rail projects, including the world's highest Chenab Rail Bridge, the Anji Khad Bridge, and the Katra-Srinagar Vande Bharat Express, as part of the Udhampur-Srinagar-Baramulla Rail Link. These railway projects directly connect Jammu and Kashmir to the rest of the country. The Udhampur-Srinagar-Baramulla Rail Link is an all-weather railway corridor designed to provide seamless connectivity to the region through the rail network. During his visit, PM Modi reviewed the Chenab bridge, world's highest ra ...Read More >
Mumbai, Dec 5 (PTI) BJP legislature party leader Devendra Fadnavis will be sworn-in as the new chief minister of Maharashtra on Thursday evening at a grand ceremony here to be attended by Prime Minister Narendra Modi and several other dignitaries. Fadnavis, who would be occupying the CM's post for the third time, along with two deputy chief ministers will take the oath of office, BJP leader Sudhir Mungantiwar told reporters, adding that other members of the cabinet will take oath later. Nationalist Congress Party chief Ajit Pawar and Shiv Sena chief Eknath Shinde are expected to take oath as ...Read More >
Jammu, Jan 14 (VOICE) Defence Minister Rajnath Singh on Tuesday said that the BJP government at the Centre treats Delhi and Jammu and Kashmir equally.Addressing the ninth Armed Forces Veterans' Day programme at Tanda Artillery Brigade in Akhnoor, the Defence Minister praised Jammu and Kashmir Chief Minister Omar Abdullah for his effort to reduce the distance between the hearts of the people of Jammu and Kashmir and Delhi and asserted that the BJP government treats Delhi and Kashmir equally. "Kashmir was treated differently (by previous governments) in the past. As a result, our brothers and s ...Read More >
Bhubaneswar, Dec 3 (PTI) President Droupadi Murmu on Tuesday arrived in Odisha and unveiled a statue of Santali writer and educator Pandit Raghunath Murmu here. She also visited the Adim Owar Jarpa Jaher, a sacred place for Santals, in Bhubaneswar and offered prayers. The President was accorded a warm welcome at Biju Patnaik International Airport (BPIA), where she landed on a special aircraft of the Indian Air Force (IAF) to commence her five-day visit to Odisha. She was received at the airport by Governor Raghubar Das, Chief Minister Mohan Charan Majhi and other dignitaries. People standi ...Read More >
Srinagar, Dec 4 (PTI) Security forces continued their search for militants in the Dachigam forest here on Wednesday, a day after a Lashkar-e-Taiba terrorist was killed in an encounter in the area, officials said. According to officials, the security forces halted their search on Tuesday night but maintained a tight cordon in the area. The search for militants in the vast mountainous and forest area of Dachigam resumed in the morning, they said. Also Read | ISRO PROBA-3 Mission Launch Delayed: Indian Space Agency Reschedules Launch of PSLV-C59 After Detecting 'Anomaly'. "The search operation ...Read More >
Ranchi, Dec 12 (PTI) Jharkhand Chief Minister Hemant Soren on Thursday asserted that a strong foundation for development of the state was laid during the previous term of the JMM-led government in the state and time is ripe to speed up the progress. He said the speech delivered by Governor Santosh Gangwar in the assembly on Wednesday was the government's 'white paper' that clearly showed its vision and direction. "We have laid a strong foundation for the state's overall development during the previous term after 2019. Now, it is time to construct a building on the foundation. Very soon opport ...Read More >
On Wednesday, a special investigation team (SIT) was formed after the Meghalaya Police recovered the weapon in the suspected murder of Raja Raghuvanshi. Meghalaya Chief Minister Conrad Sangma on Thursday assured that justice would be served in the case of the Indore tourist who was murdered in Sohra, while rescue operations continue to locate his missing wife. He did not comment on calls for a CBI investigation, saying the inquiry is ongoing and thorough. Speaking to media persons, Sangma said, ...Read More >
Srinagar, Jun 6 (PTI) The Jammu and Kashmir unit of BJP on Friday described the completion of the Udhampur-Baramulla rail link as a "historic moment", and called the project a "precious Eid gift" for the people of the Union Territory. "The Udhampur-Baramulla railway connectivity is not just a feat of engineering, but a symbol of hope, development, and national integration.This is truly a historic moment for Jammu and Kashmir," BJP's J-K spokesperson Altaf Thakur said here. Also Read | Bodoland Lottery Result Today, June 06, 2025: Assam State Lottery Sambad Friday Lucky Draw Results Declared, ...Read More >
KATRA, Jun 6: Lieutenant Governor Manoj Sinha on Friday said that the dream of a truly united India -- from Kashmir to Kanyakumari -- is no longer a mere slogan, but a lived reality, thanks to the visionary leadership of Prime Minister Narendra Modi, who has dedicated the Kashmir rail project to the nation. Addressing a gathering after PM Modi inaugurated Chenab Bridge, Anji Bridge and flagged off train to Kashmir, LG Sinha said, "By flagging off the Vande Bharat trains and dedicating the Kashmir rail project to the country, Prime Minister Narendra Modi has physically and emotionally united t ...Read More >
New Delhi, Jun 6 (PTI) Shares of IndusInd Bank on Friday climbed 2.50 per cent after Reserve Bank Governor Sanjay Malhotra said the firm is "doing well" now, and added that the resignation of MD and CEO Sumant Kathpalia should be seen as a "good enough" step from an accountability perspective. The stock advanced 2.50 per cent to settle at Rs 823.20 on the BSE. During the day, it jumped 5.32 per cent to Rs 845.85. At the NSE, shares of the firm climbed 2.44 per cent to Rs 822.85. The RBI also said the bank has complied with all the regulatory asks over the turbulent period. "The MD and CEO ...Read More >
J&K lieutenant governor (LG) Manoj Sinha on Friday called inauguration of Kashmir rail project "a momentous occasion that will go down in history". In his address, Sinha expressed his heartfelt gratitude to the Prime Minister Narendra Modi for dedicating the historic railway projects to the people of Jammu Kashmir and the nation. "Kashmir to Kanyakumari is no longer just a slogan. Prime Minister Narendra Modi has turned this decade-long dream into reality. He has connected the hearts of millions of Indians, forging an unbreakable bond from north to south. With Udhampur-Srinagar-Baramulla Ra ...Read More >
On a flatter course and in cooler weather, a competitive field, including in-form defending champions Daniel Ebenyo and Sutume Kebede, poses a threat to event records of the Tata Steel World 25K Kolkata, to be held here on Sunday. Ebenyo and Sutume are keen to run fast and lower their event records, 1:11.13 and 1:18:47, in men's and women's events, respectively and claim the winner's purse of $15,000 each apart from the record bonus of $5,000. Apart from the return of the defending champions fo ...Read More >
Mumbai, Jun 6 (PTI) The RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25. Following the rate cut, the key policy rate eased to a three-year low of 5.5 per cent, providing relief to home, auto and corporate loans borrowers. This is the lowest repo rate in three years. The repo rate -- the rate at which banks borrow funds from the RBI -- had last stood at 5.40 per cent on August 5, 2022. After a detailed assessment of the evolving macroeconomic and financial development, as well as the economi ...Read More >
New Delhi, Dec 11 (PTI) India's maritime sector is poised to play a transformative role in the country's vision of becoming world's third-largest economy, Vice President Jagdeep Dhankhar said Wednesday. Today, India stands as an emerging maritime powerhouse, strategically leveraging its geographical location and advanced infrastructure to spearhead global maritime initiatives, the Vice President said. "With the global blue economy projected to reach USD 6 trillion by 2030, India's maritime sector stands poised to play a transformative role in our emergence as the world's third-largest econom ...Read More >
Hyderabad: President-elect Donald Trump's warning that BRICS countries will face 100 per cent tariffs if they choose to move away from the US dollar is unclear to what extent he will carry out his threat, as it remains to be seen if the US law permits such an action, former RBI Governor Duvvuri Subbarao said on Monday. He also said even for BRICS, there are internal differences about bringing out an alternative to the US Dollar. The nine-member group that includes India, Russia, China, and Brazil, moving out of the US currency and having a common one remains a non-starter because of both polit ...Read More >
Mumbai, Dec 4 (PTI) Reserve Bank's high level panel on Wednesday started deliberations on the bi-monthly monetary policy amid expectations of status quo on interest rate as the retail inflation is above the upper tolerance level of the central bank. The decision taken at the RBI Governor Shaktikanta Das headed six-member Monetary Policy Committee (MPC) [...] Mumbai, Dec 4 (PTI) Reserve Bank's high level panel on Wednesday started deliberations on the bi-monthly monetary policy amid expectations of status quo on interest rate as the retail inflation is above the upper tolerance level of the ce ...Read More >
New Delhi: Members of the Aam Aadmi Party (AAP) staged a protest on Wednesday, demanding immediate action from the Union government to address the worsening law and order situation in the national Capital. The protest, led by Delhi Minister Gopal Rai and other AAP MLAs, highlighted the surge in crimes under the jurisdiction of the Union Home Ministry, which oversees Delhi's law enforcement through the Lieutenant Governor (LG) and Delhi Police. Speaking at the protest, Gopal Rai expressed grave concerns about the safety of Delhi's citizens, claiming the city is turning into a "crime capital." ...Read More >
Mumbai, Feb 7 (PTI) Reserve Bank Governor Sanjay Malhotra on Friday said India can certainly achieve over 7 per cent growth rate and the nation should aspire for that. The Reserve Bank of India (RBI) in its bi-monthly monetary policy has projected 6.7 per cent growth for financial year 2025-26, up from 6.4 per cent estimated for the current fiscal. "I would like to stick my neck out and say that, certainly India can achieve a 7 per cent and plus growth rate. We should certainly aspire for that," he said when asked whether there was a possibility of the Indian economy growing at a faster pace ...Read More >