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.
Amritsar: In a significant step towards preserving Punjab's culinary identity and traditions, the Punjab Food Processing Department is exploring the possibilities of securing a Geographical Indication (GI) Tag for Amritsari Kulcha.A GI tag is a label given to products that have a unique quality, reputation, or characteristic due to their specific geographical origin, such as a region, town or country.This was informed by principal secretary of the food processing department, Punjab, Rakhee Gupta
New Delhi [India], July 16 (ANI): The Indian government expressed regret on Tuesday over the reported demolition of the ancestral property of celebrated filmmaker and writer Satyajit Ray in Mymensingh, Bangladesh and expressed its willingness to extend cooperation in its restoration. "We note with profound regret that the ancestral property of noted filmmaker and litterateur Satyajit Ray in Mymensingh, Bangladesh, belonging to his grandfather and eminent litterateur, Upendra Kishor Ray Chowdhury, is being demolished," the Ministry of External Affairs said. Also Read | India Urges Bangladesh ...Read More >
Ahmedabad: On the occasion of the 25th MSME Day, Entrepreneurship Development Institute of India (EDII), Ahmedabad, celebrated the resilience and entrepreneurial spirit of India's Micro, Small, and Medium Enterprises, acknowledging their role as key drivers of grassroots development and national progress by organising 'MSME Talk' at its campus. The highlight of the day was the 'MSME Talk' delivered by Shri R.D. Barhat, Joint Commissioner of Industries, Government of Gujarat, on the theme: 'Treading a Sustainable Growth Path for MSMEs Amidst Changing Business Dynamics.' Also present on the occ ...Read More >
Bhopal, Jul 18 (PTI) Madhya Pradesh Chief Minister Mohan Yadav on Friday said the holistic model of Mercabarna (food logistics hub) in Spain's Barcelona can be useful for his state in view of its increasing agricultural production. In view of the increasing agricultural production in Madhya Pradesh, there is a need for better 'post-harvest management' and export system, an official statement quoted Yadav, who is on the third day of his tour of Spain, as saying. Mercbarnate, a leading food logistics hub of Europe, is spread over 250 acres with systems of production, storage, processing and di ...Read More >
NEW DELHI, SEPT 27: India's food processing sector received strong support from global and domestic investors as the World Food India 2025 summit, organized by the Ministry of Food Processing Industries (MoFPI), surpassed ₹1 lakh crore in Memorandum of Understandings (MoUs) by the end of Day 2. The event, held at Bharat Mandapam, reinforced India's image as a place ready for investment. It featured numerous deals and discussions on technology, sustainability, and international trade. Investment Surge The Ministry of Food Processing Industries announced that on Day 2 alone, twenty-one compan ...Read More >
The Union Cabinet has increased the budgetary outlay for the Pradhan Mantri Kisan Sampada Yojana (PMKSY) by ₹1,920 crore, bringing the total to ₹6,520 crore, aiming to boost the food processing sector. These enhanced funds will support the establishment of 50 multi-product food irradiation units and 100 food testing labs. The Union Cabinet on Thursday raised budgetary outlay for the flagship scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY) by Rs 1,920 crore to Rs 6,520 crore to boost the f ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many claim they first learned of the revised fees only while trying to pay through the university's online ...Read More >
Patna (Bihar) [India], September 12 (ANI): In a significant step towards transforming Bihar into a powerhouse of agricultural and processed food exports, Union Minister of Commerce and Industry, Piyush Goyal inaugurated the Regional Office of the Agricultural and Processed Food Products Export Development Authority (APEDA) in Patna at the Bihar Idea Festival held on 11th September, 2025 in Patna, Bihar, a release from Ministry of Commerce & Industry said. The occasion was graced by the Deputy Chief Minister of Bihar, Samrat Chaudhary, and Minister of Industries, Bihar Nitish Mishra, alongside ...Read More >
Patna (Bihar) [India], September 12 (ANI): In a significant step towards transforming Bihar into a powerhouse of agricultural and processed food exports, Union Minister of Commerce and Industry, Piyush Goyal inaugurated the Regional Office of the Agricultural and Processed Food Products Export Development Authority (APEDA) in Patna at the Bihar Idea Festival held on 11th September, 2025 in Patna, Bihar, a release from Ministry of Commerce & Industry said. The occasion was graced by the Deputy Chief Minister of Bihar, Samrat Chaudhary, and Minister of Industries, Bihar Nitish Mishra, alongside ...Read More >
Mumbai, Sep 12 (SocialNews.XYZ) The Maharashtra government on Friday signed a Memorandum of Understanding (MoU) with the US state of Iowa, paving the way for collaboration in agriculture, biotechnology, financial services, infrastructure, renewable energy, and technology. The MoU was signed in the presence of Chief Minister Devendra Fadnavis and Iowa Governor Kim Reynolds. CM Fadnavis announced that this partnership will create new opportunities for innovation and exchange between the two states. He further stated that the key areas of cooperation will comprise growth in investment and econom ...Read More >
New Delhi, Oct 17 (SocialNews.XYZ) Food safety is a shared responsibility and must be formed with public awareness, said government officials, while also stressing the need to tackle food myths and promote food literacy. At an event held in the national capital on World Food Day 2025, policymakers, industry leaders, food scientists, and academia addressed the urgent need for science-backed food education in an era dominated by conflicting narratives and digital misinformation. "Food safety is a shared responsibility that extends beyond regulatory frameworks to public awareness. We welcome in ...Read More >
NEW DELHI, Oct 26: Commerce Minister Piyush Goyal will visit Brussels on October 27-28 to advance India-EU Free Trade Agreement (FTA) negotiations, meeting EU Trade Commissioner Maros Sefcovic. The visit aims to provide political impetus and strategic guidance as both sides work to conclude a comprehensive trade pact by December. Talks will focus on market access, non-tariff measures, regulatory cooperation, and areas needing convergence. This follows the 14th round of negotiations and prior discussions by Commerce Secretary Rajesh Agrawal with the European Commission. India-EU trade totaled ...Read More >
The Maharashtra Food and Drug Administration (FDA) has suspended the food business licence of Kiranakart Technologies Pvt Ltd's Dharavi distribution outlet -- a key supply node for quick-commerce platform Zepto -- after an inspection revealed serious breaches of food safety regulations. The inspection, conducted on Saturday by Food Safety Officer Ram Bodke, was initiated at the directive of Yogesh Kadam, Minister of State for FDA, and supervised by Joint Commissioner Mangesh Mane. The findings have raised pressing concerns about the handling and storage of food products at the facility, which ...Read More >
NEW DELHI: The Uttar Pradesh administration has strengthened security arrangements across several districts including Lucknow, Sambhal, and Moradabad to ensure peace and avoid any disruption, as Muharram processions and the Kanwar Yatra are being held at the same time.Large crowds gathered for Muharram processions across different regions, while preparations for the Kanwar Yatra are also underway. Police personnel have been deployed in all sensitive areas, and surveillance is being carried out using drones and CCTV cameras.In SambhalDistrict Magistrate Dr Rajender Pensiya while speaking to ANI ...Read More >
India and the European Union are advancing free trade agreement negotiations. Key tariff issues are seeing good progress. An EU delegation will visit New Delhi soon to finalize technical tariff discussions. Both sides aim for a robust and balanced agreement. This pact is expected to bring the economies closer and foster mutual benefits. Commerce and industry minister Piyush Goyal Tuesday said his talks with the EU have "significantly reduced our outstanding issues" and laid the foundation for a ...Read More >
Jorhat, July 6: An illegal ice cream and ice manufacturing unit in Jorhat has sparked alarm after revelations of unhygienic production and unsafe ingredients, with products mostly consumed by children. The factory, located in Letekujan in Titabor, has reportedly been running for a long time without any license or official permission from the authorities. Local sources allege that the factory has been producing various colorful ice creams and ice blocks using dirty water and artificial chemicals, which pose a serious threat to public health. Residents say the factory supplies its products to ...Read More >
We will seek their comments to make new industrial policy a reality. We want to come out with the new policy as soon as possible, said AroraSource : pexel Punjab Industries Minister Sanjeev Arora on Thursday said industry-specific committees will be formed to advise the state government for shaping up a new industrial policy. Arora said a total of 22 committees comprising industrialists will be formed. Each committee will comprise 8 to 10 members with its chairman, said Arora while addressing t ...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 >
Kedia Advisory - India's basmati rice exports to the US fell 13% to 78,000 tonnes in April-July 2024 from over 90,000 tonnes a year earlier, with sharper declines expected in August following tariff hikes from 25% to 50% after August 27. Pakistan, facing only 19% duty, stands to benefit. The US is among the highest-value markets for Indian basmati, with realisations near $1,230/tonne. Exporters are exploring China as an alternative market amid improving bilateral ties. Basmati remains a key agri-export, accounting for 30% of India's rice exports. Saudi Arabia, Iraq, and Iran remain top buyers, ...Read More >
New Delhi [India], October 24 (ANI): India is looking to expand its rice export reach into new markets such as the Philippines, Gambia, Liberia, and Ghana, said Dev Garg, Vice President of the Indian Rice Exporters Federation (IREF) and Director of Shri Lal Mahal Group, during a press conference ahead of The Bharat International Rice Conference (BIRC) 2025. Garg noted that the agriculture ministers from these four nations will attend the conference, calling their participation a "major milestone" for India's rice export ecosystem. He explained that India aims to strengthen its position in reg ...Read More >
New Delhi [India], June 6 (ANI): India and Italy will strengthen cooperation in agriculture and food processing, and set up Joint Working Groups in the automobile and space sectors, the Minister of Commerce & Industry said in a release. The decision was reached during a high-level meeting held between Union Minister of Commerce & Industry, Piyush Goyal, and Italy's Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, Antonio Tajani, in Brescia--Italy's manufacturing hub. The two leaders co-chaired the 22nd session of the India-Italy Joint Commission for Econom ...Read More >
Bengaluru: Karnataka Chief Minister Siddaramaiah on Friday said the quality of police investigation has decreased and it needs to be improved. "Although it is a matter of relief that the crime rate in the state has decreased, the quality of police investigation has decreased, and this needs to be improved," Karnataka CM said. He gave these instructions after holding a meeting of senior police officers and a progress review meeting of the police department at the office of the State Director General of Police. He mentioned that although the accused in the robbery case in Bidar is known, he h ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health department has urged district administrations to issue a public advisory on JE prevention measures and to i ...Read More >
New Delhi [India], July 18 (ANI): A team of Nand Nagri Police Station launched a special drive against individuals involved in the sale of banned 'Chinese Manjha', amid rising incidents of injuries and nabbed two siblings with 325 rolls on Friday. With Independence Day (15th August) and Raksha Bandhan approaching, the Delhi Police has launched a special drive to curb the sale and use of hazardous Chinese Manjha -- a nylon-based kite string that has caused numerous injuries and fatalities involving people, birds, and animals. Acting on local intelligence, a team led by Inspector Anand Yadav, ...Read More >
New Delhi [India], September 28 (ANI): World Food India 2025, organised by the Ministry of Food Processing Industries (MoFPI), concluded on a historic note with investment commitments of unprecedented scale. Over the course of the four-day event, 26 leading domestic and global companies signed Memoranda of Understanding (MoUs) worth a total of Rs 1,02,046.89 crore, marking one of the largest investment announcements in India food processing sector, said an official release from the Ministry of Food Processing Industries. These MoUs are projected to generate direct employment for over 64,000 ...Read More >
New Delhi, Mar 2 (PTI) Amazon India on Monday announced 'Zero Referral fee' on more than 12.5 crore products, a move, the ecommerce giant said, aims to accelerate growth for lakhs of sellers across the country. Building on last year's fee revision, the company has expanded zero referral fees coverage more than 10-times from 1.2 crore products in 2025 to over 12.5 crore products priced under Rs 1,000 across 1,800-plus categories, the company said in a release. In addition, Amazon has reduced Easy Ship fees by over 20 per cent for products priced below Rs 300. Easy Ship allows sellers to stor ...Read More >
Kolkata: Bengal govt is planning to export potato to other states following bumper production this year, state minister of food processing industries and horticulture Arup Roy said on Tuesday.Speaking at a business conclave organised by ASSOCHAM, Roy said: "We are in talks with the agriculture marketing department to send our excess potatoes to other states. In 2012, Bengal had a similar bumper potato production and we had provided potatoes to students in midday meals. We are thinking of the same this year too."In 2024-25, Bengal recorded a production of 1.4 crore tonnes of potatoes, but the b ...Read More >
NEW DELHI: Non-fossil fuel sources now make up half of India's power generation capacity of 484.8 GW (gigawatt), a milestone the country has achieved five years ahead of the target set under its Nationally Determined Contributions (NDCs) committed in the Paris climate agreement."In a world seeking climate solutions India is showing the way," renewable energy minister Pralhad Joshi said in a post on X on Monday, crediting the progress to PM Modi's stewardship of "Bharat's green transformation towards a sustainable future".Modi has been pushing clean energy since taking over country's reins in 2 ...Read More >
New Delhi, Jul 18 (PTI) The central drugs laboratories have found 55 samples manufactured by various firms in June to be "not of standard quality", health ministry officials said on Friday. Further, state drugs testing laboratories have identified 130 drugs samples as 'not of standard quality', they said. Also Read | Chhattisgarh: 6 Bodies of Naxals Recovered in Ongoing Encounter With Security Forces in Narayanpur. According to routine regulatory surveillance activity, the list of 'not of standard quality' and spurious drugs are being displayed on the Central Drugs Standard Control Organisa ...Read More >
SRINAGAR: J&K is in the grip of a food safety scare after officials seized more than 11,600kg of "imported rotten meat" from warehouses, eateries and shops across Kashmir valley, triggering a storm of halal concerns and rumours.The seizures, excluding poultry, were made over the past week during surprise inspections that uncovered illegal storage and gross violations of safety rules. Images of decayed meat on social media spurred calls to boycott animal meat in restaurants.Religious leaders joine ...Read More >
New Delhi [India], June 6 (ANI): India and Italy will strengthen cooperation in agriculture and food processing, and set up Joint Working Groups in the automobile and space sectors, the Minister of Commerce & Industry said in a release. The decision was reached during a high-level meeting held between Union Minister of Commerce & Industry, Piyush Goyal, and Italy's Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, Antonio Tajani, in Brescia--Italy's manufacturing hub. Also Read | School Name in Urdu: Head Teacher of Government Primary School in Uttar Prades ...Read More >