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: Hyundai Motor India Limited is one of the most popular car companies in India. It sells cars in many segments -- from small cars to SUVs. Popular models like Hyundai Aura and Hyundai Creta are loved by many people. If you're planning to buy a Hyundai car, there's good news. After September 22, prices of many Hyundai cars are going to drop. This is because these cars will now fall under the 18 percent GST slab instead of the earlier 28 percent GST slab. This means customers will get cars at lower prices. Hyundai Creta - Up to Rs 72,000 Cheaper Hyundai Creta is one of the company's top-selling SUVs. Its current starting price (ex-showroom) is Rs 11.11 lakh, and the top model costs Rs 20.92 lakh. After the GST cut, the price may go down by up to Rs 72,000. Hyundai Aura - May Get Rs 78,000 Price Cut Hyundai Aura is a popular sedan in India. The price of this car ranges between Rs 6.54 lakh and Rs 9.20 lakh. After the tax change, its price may drop by up to Rs 78,000. Hyundai Venue - Rs 1.23 Lakh Discount Expected The compact SUV Hyundai Venue will also become cheaper after September 22. It currently starts at Rs 7.94 lakh. After GST reduction, the price may go down by Rs 1.23 lakh, which is a big saving. Hyundai Exter - Up to Rs 89,000 Off Hyundai Exter, another small SUV from the brand, may also get a big discount. The current price starts from Rs 6 lakh. After the tax cut, you can save up to Rs 89,000. Hyundai Grand i10 Nios - Rs 73,000 Cheaper This hatchback is popular among budget buyers. Its starting price is Rs 5.98 lakh. From September 22, you may save around Rs 73,000 on this car due to lower GST.
Mumbai : Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India today unveiled and launched its much-awaited all-new 3 Generation Honda Amaze. This marks the global debut of the new generation Amaze in India, a key market for Honda globally and the first country to launch the new model. The all-new Amaze will be available at an introductory price range of Rs 7,99,900 - Rs. 10,89,900 (ex-showroom, Delhi); valid till 45 days from launch. The stylish and premium compact sedan has been designed to offer an OUTCLASS and delightful sedan experience that meets the aspirations ...Read More >
New Delhi, July 1: Bhavish Aggarwal-led Ola Electric sold 20,189 electric scooters in the month of June -- a massive 45 per cent drop (year-on-year) compared to 36,859 units from the same month previous year (June 2024), the government's VAHAN data showed on Tuesday. This decline has taken a toll on its market share, which has shrunk from 46 per cent in June 2024 to just 19 per cent now. The situation is no better on the stock market. Ola Electric, which is nearing the one-year mark since its public listing, has seen its share price fall steeply. On Tuesday afternoon, the stock was trading at ...Read More >
New Delhi, Jul 2 (PTI) Hyundai Motor India Ltd on Wednesday said its popular SUV model Creta has emerged as the best-selling passenger vehicle in the domestic market in June this year. Creta was the highest-selling model in the country for June 2025 with 15,786 units sold in the month, Hyundai Motor India Ltd (HMIL) said in a statement. Maruti Suzuki India's compact sedan Dzire was the second-best-selling model with 15,484 units in June followed by its compact SUV Brezza with 14,507 units in third, according to industry sources. "Over the last decade, brand Creta has consistently redefined ...Read More >
Mumbai, July 15 (UNI) Tesla has formally launched its Indian operations on Tuesday with the inauguration of its first showroom at Mumbai's premium Bandra Kurla Complex. The 4,000-square-ft experience center at Maker Maxity Commercial Complex introduces the American automaker to India's burgeoning electric vehicle sector, featuring the China-imported Model Y SUV as its debut offering. Maharashtra Chief Minister Devendra Fadnavis presided over the opening ceremony, positioning Tesla's arrival as a validation of Mumbai's status as an innovation and sustainability hub. "This reflects confidence ...Read More >
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to the allegations to NCW officials. Officials said further steps will be considered after reviewing his ...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 >
CHENNAI: Hyundai Motor Group has partnered with three Indian Institutes of Technology (IITs) to establish a collaborative research system in the fields of batteries and electrification. The three institutes are IIT Madras, IIT Delhi and IIT Bombay. The Hyundai Centre of Excellence (CoE), which will be set up on IIT Delhi campus, will operate through sponsorships from Hyundai Motor Group. The primary objective of the Hyundai CoE is to take the lead in driving advancements in batteries and electrification, specifically designed to meet the unique requirements of the Indian market. Hyundai Mo ...Read More >
NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >
New Delhi: The April-June 2025 quarter saw severe pressure on the domestic car market, with challenges in generating fresh demand as growing geopolitical tensions and concerns over the economy depressed consumer sentiments.Maruti Suzuki, the country's biggest carmaker, reported a 6% decline in first-quarter wholesale numbers as the company dispatched around 3.9 lakh units to dealerships compared to 4.2 lakh units in the same quarter of the previous fiscal.Hyundai experienced a decline of 12%, while Tata Motors also saw a 10% fall in its wholesale numbers.Mahindra & Mahindra and Kia Motors were ...Read More >
Kedia Advisory - India's coffee exports jumped 19% year-on-year in Q1FY25 to $616 million, even as export volumes dropped 18% to 1.03 lakh tonnes due to higher global prices. The unit value per tonne surged 49% to ₹5.07 lakh. Supply disruptions in Brazil and Vietnam have kept prices buoyant, prompting overseas buyers to opt for need-based purchases. For the first six months of 2025, shipments rose 26% in value to $1,166 million despite lower volumes. Italy remained India's top coffee buyer, followed by Germany and Belgium. India is the world's seventh largest coffee producer but the fifth larg ...Read More >
In an interaction with PTI here, Stellantis India CEO and MD Shailesh Hazela said that any investor who comes to India would like to see a little longer horizon in terms of policies. "So our wishlist for the government is that whatever they decide to put across, it should be for a longer period," Hazela stated when asked about government actions which could propel growth of Indian auto industry. It would be great if there could be uniformity in policies across the country in terms of EVs (elect ...Read More >
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Also Read | SOF NSO Results 2024-25 Out at sofworld.org: National Science Olympiad Exam Result Released, Get Direct Link and Know Steps To Download. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies h ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >
Mumbai : Filmmaker Subhash Ghai recently took a trip down memory lane as he remembered the late actor Irrfan Khan. Ghai shared an old photo from an award ceremony with the actor, along with an emotional note that quickly caught the attention of fans online. In the photo, Ghai and Irrfan can be seen smiling. Ghai, who worked with Irrfan in the film 'Right Yaa Wrong,' took to his Instagram account to share a post praising him not just as an actor but as someone who deeply understood the art of storytelling. He wrote, "I have always been more in admiration of good and great actors than just co ...Read More >
The Hyundai Tucson has received 5-star rating on the Bharat NCAP crash test and has become the first Hyundai SUV to do so. The most premium SUV offered by the South Korean manufacturer joins the Mahindra and Tata SUVs in the list of 5 star SUVs offered in India. The Hyundai Tucson scores 30.84 out of 32 in the adult occupant protection. It has scored 41 out of 49 in the child occupant protection. It received OK in the side pole impact test. The model of Hyundai Tucson that was tested by the Bharat NCAP was the top-spec 2.0-litre petrol-AT Signature variant. The particular variant gets six air ...Read More >
Srinagar, Jan 31: Online gambling has become a growing menace in Kashmir, driving several families into severe financial distress and emotional turmoil. The easy accessibility of online betting platforms has lured many, particularly youth, with the illusion of quick financial gains. However, this often results in heavy monetary losses, debt and psychological suffering. According to details obtained by the news agency -- Kashmir News Observer (KNO), a youth from south Kashmir initially won Rs 10,000 in online betting within a few days. Encouraged by this, he borrowed lakhs of rupees from neigh ...Read More >
Mumbai (Maharashtra) [India], July 3 (ANI): In a major move to boost industrial development and job creation in Maharashtra, the Cabinet Sub-Committee on Industries, chaired by Chief Minister Devendra Fadnavis, today approved investment proposals worth Rs 1,35,371.58 crore in thrust sectors and high-technology-based industries. These projects are expected to generate around 1 lakh direct and indirect employment opportunities across the state. Also Read | 'I Will Come Again': Man Posing As Delivery Agent Rapes Woman Techie After Entering Her Pune Flat, Clicks Selfie and Leaves Threatening Mes ...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 >
New Delhi: India's passenger vehicle market witnessed varied performance across major automakers in November 2024. While Maruti Suzuki, Mahindra & Mahindra, and Tata Motors posted year-on-year growth, Hyundai faced challenges in its domestic market. Maruti Suzuki, the country's largest carmaker, reported strong growth in total passenger vehicle sales, reaching 141,312 units during the month. This marked an increase from 134,158 units sold in November 2023. However, the company's sales in October 2024 were higher at 159,591 units, indicating a month-on-month decline. In November 2024, Maruti ...Read More >
Pune, January 27, 2022: In tune with their "Sportification of India" theme, Tata Motors, India's leading multinational automobile manufacturer will continue to proactively support the Tata Open Maharashtra tennis tournament, for the fourth consecutive year, from January 31 to February 6, 2022, at the Balewadi stadium here. This year, India's safest hatchbacks, Tata Altroz on its second anniversary, will be the lead car from Tata Motors Passenger Vehicles. The Tata Open Maharashtra, South Asia's only ATP (Association of Tennis Professionals) tournament and the country's oldest sporting interna ...Read More >
Gurgaon/Noida: "In the pink of health," Pradeep Pachauri insists of his Nissan Sunny, which he has kept parked in the garage of his Gurgaon house in Sector 37D, of late, fearing the car will be seized if he takes it to Delhi. "My car is parked in the garage, and I have been taking cabs to go to Delhi. Imagine," says Pachauri, whose diesel-powered sedan has run less than 1 lakh km in 10 years. "The car is in good running condition. I have an up-to-date Pollution Under Control (PUC) certificate for it. When I bought the car in 2015, I also paid a one-time road tax for 15 years. Despite adhering ...Read More >
The man said that the new vehicle in the same segment now comes with a steep cost. ShowQuick Read Summary is AI-generated, newsroom-reviewed A Delhi man sold his luxury SUV due to the new end of life vehicle policyThe policy bans diesel vehicles older than 10 years and petrol vehicles over 15 yearsAutomatic number plate recognition cameras monitor compliance at over 350 fuel stations Did our AI summary help? Let us know. New Delhi: A Delhi man was forced to sell his luxury SUV due to the g ...Read More >
Srinagar, July 09: Chief Minister Omar Abdullah on Wednesday said that Jammu & Kashmir's tourism sector is witnessing a strong revival, with a steady rise in the number of tourists visiting the Union Territory each day.Abdullah, while addressing reporters in West Bengal ahead of the Kolkata Tourism Fair, said, "Tourists are coming back to Kashmir in good numbers. The ongoingAmarnathYatra is proceeding smoothly with heavy footfall on both the Pahalgam and Baltal routes, he said."I spoke to several pilgrims, and they are all happy and satisfied with the arrangements. I have come to Kolkata to ta ...Read More >
The long wait is over. Elon Musk-led Tesla has finally made its debut in India-- and that too with a bang. Amid much fanfare at its Mumbai's upscale Bandra Kurla Complex (BKC), Tesla' flagship Model Y has been launched with an on-road price of ₹61.07 lakh. Customers also have the option to upgrade to full self-driving (FSD) capability by paying an additional ₹6 lakh at the time of booking. The Model Y Long Range Rear-Wheel Drive variant is priced at ₹69 lakh. To book a Tesla Model Y, buyer ...Read More >
Mumbai, Jul 15 (PTI) Global EV giant Tesla on Tuesday made its much-awaited entry into India, launching its Model Y with price starting at Rs 59.89 lakh while opening its first experience centre here. Tesla, led by American tech billionaire Elon Musk who had in the past cited India's high import tariffs for the company not entering the country earlier, will be importing the Model Y as a completely built unit (CBU), from its Shanghai manufacturing facility in China. The mid-sized electric SUV Model Y, which was once the world's best-selling car, will be offered in India in two variants -- rea ...Read More >
Note: An additional ₹95,950 will be charged for opting for either black or white interior options. 🚗 What's Included in the Model Y Rear-Wheel Drive? The Model Y Rear-Wheel Drive is currently the most affordable Tesla offering and is expected to appeal to buyers looking for a premium yet relatively accessible electric SUV experience. 🎨 Tesla India Colour Strategy Tesla's pricing structure indicates a clear distinction between standard and premium paints: * Stealth Grey (base option) is the most affordable. * Pearl White and Diamond Black come next with a moderate premium. * Glacier Blue ...Read More >
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies have been invited to the deliberations, they added. Earlier in March last year, the government rolled out an electric-vehicle policy, under which duty ...Read More >
New Delhi, June 27: Mahindra Scorpio N with ADAS is launched in India with tech upgrade for the vehicle. The new update introduces Level 2 Advanced Driver Assistance Systems (ADAS) suite, which is now available on the Z8L trim and a newly added Z8T variant. Mahindra Auto aims to boost safety and convenience for its passengers through this upgrade. The ADAS features in the Mahindra Scorpio N will be available in manual and automatic variants. Mahindra has also introduced a new Z8T trim, priced at INR 20.29 lakh (ex-showroom). The Scorpio-N Z8L ADAS variant starts at a price of INR 21.35 lakh ( ...Read More >
Tiruppur: A shocking case of alleged dowry harassment and suicide has emerged from Tamil Nadu's Tiruppur district, where a 27-year-old woman died by suicide on Saturday, 29 June -- just 78 days after her wedding. Rithanya, daughter of Annadurai, a real estate businessman, was married on 11 April 2025 to Kavin Kumar (28), the grandson of a senior Congress leader in Tiruppur. The wedding was a grand celebration, with the bride's family gifting 300 sovereigns of gold and a Volvo SUV worth ₹70 lakh to the groom's side, bringing the total expenditure to over ₹2.5 crore. According to Rithanya's f ...Read More >
Ujjain (Madhya Pradesh): Marking the Cooperatives Year, a two-day national seminar will be inaugurated on Friday at the Swarn Jayanti Auditorium of Vikram University. Farmers from five major states: Gujarat, Maharashtra, Madhya Pradesh, Chhattisgarh, and Goa are set to participate in the seminar, 'Dairy Development in Madhya Pradesh: Possibilities and Challenges', under the joint aegis of the Indian Dairy Association (DA) West Zone, and Vikram University (VU). Researchers, students, milk producers from across the country, where over two lakh cooperative societies function, along with experts ...Read More >