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.
Itanagar, Sep 15: The Centre and Arunachal Pradesh government signed a memorandum of understanding (MoU) for implementation of a special development package for Siang Region, on Monday. The initiative is being undertaken as a pre-investment activity of the proposed Upper Siang Multipurpose Project (SUMP), an official communique said. Under the package, multiple intervention areas have been identified, including livelihood activities, creation of new infrastructure facilities, and upgradation of existing assets in Siang and Upper Siang districts. Focus sectors also include animal husbandry, piggery, fisheries, poultry farming, horticulture, handloom, bamboo, eco-tourism, and bee keeping. Officials emphasised that the scheme will uplift the quality of life while strengthening the socio-economic fabric of the region. As part of the comprehensive plan, the package will also facilitate marketing and branding of local products. Distinct identities will be created for textiles, bamboo-based goods, and other indigenous crafts, enabling artisans to reach wider markets. The MoU was signed in the presence of the Chief Secretary Manish Kumar Gupta, state coordination, planning and investment commissioner Ankur Garg; secretary to the Water Resources, River Development and Ganga Rejuvenation Department under the Union Jal Shakti ministry V L Kantha Rao; Union Power Secretary Pankaj Agarwal, and S K Sinha, Commissioner (B&B) of the Ministry, respectively. Further, infrastructure support such as common facility centres, craft-based resource centres, marketing and sourcing hubs, urban haats, emporia, and raw material depots will be established across the region. Senior officials highlighted that the initiative reflects the Centre's commitment to foster inclusive growth and sustainable development in Arunachal Pradesh. They added that the package represents a significant investment in the future of Siang and Upper Siang districts, aiming to empower local communities, create sustainable livelihoods, and lay the foundation for comprehensive regional development. The initiative is expected to provide long-term socio-economic benefits while preparing the ground for the strategic Upper Siang Multipurpose Project, the communique said. The SUMP, is envisaged as a mega hydroelectric and water storage project. Once implemented, it is expected to contribute to clean energy generation, flood moderation, and water security in the Brahmaputra basin. Officials said the interventions under the present scheme will ensure that communities in Siang and Upper Siang are better equipped to take advantage of opportunities arising from the project.
NEW DELHI: Dilip Kumar, the 'Tragedy King' of Indian cinema, continues to be remembered for his unmatched contributions to Bollywood. Born on December 11, 1922, as Muhammad Yusuf Khan in Peshawar, Pakistan, he ruled the silver screen with his impeccable acting skills, emotional depth, and charisma. On the occasion of his birth anniversary, let's take a trip down memory lane to revisit some of the most iconic roles that made Dilip Kumar a cinematic legend, a man who left an indelible mark on Indian cinema. 1. 'Andaz' (1949) In 'Andaz', Dilip Kumar shared the screen with Nargis and Raj Kapoo ...Read More >
New Delhi, May 28 (SocialNews.XYZ) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the continuation of the interest subvention component under the modified interest subvention scheme (MISS) for loans to farmers during the financial year 2025-26, and approved the required fund arrangements, according to an official statement issued after the meeting. MISS is a Central sector scheme aimed at ensuring the availability of short-term credit to farmers at an affordable interest rate through Kisan credit cards (KCC). Under the scheme, farmers receive short-term loa ...Read More >
Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. "Large-scale illegal stone mining is taking place in the hills of Karbi Anglong in violation of the Supreme Court order. The SC had banned mining in and around K ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrates advanced systems from leading Indian defence firms, including Bharat Electronics Limited (BEL), L& ...Read More >
Vijayawada: Chief Minister N Chandrababu Naidu on Friday unveiled an ambitious vision to transform Visakhapatnam into a new Mumbai over the next seven years. He directed officials to develop the 'Visakha Economic Region' as AP's primary growth engine, aiming for a staggering $120 billion economy from this region by 2032. The proposed economic region encompasses eight districts, including Visakhapatnam, Vizianagaram, Srikakulam, Anakapalli, Kakinada, East Godavari, Alluri Sitharama Raju (ASR), and Manyam. The Chief Minister has instructed the officials to launch projects that will significantl ...Read More >
NEW DELHI: Recognizing the potential and challenges of AI, the Government of India constituted an advisory group, chaired by Principal Scientific Advisor Prof. Ajay Kumar Sood, to undertake the development of an 'AI for India-Specific Regulatory Framework'. Under the guidance of the Advisory Group, a sub-committee on 'AI Governance and Guidelines Development' will provide actionable recommendations for AI governance in India. The sub-committee's report on AI Governance, now published for public consultation, aims to guide the development of a trustworthy and accountable AI ecosystem in India. ...Read More >
New Delhi [India], May 28 (ANI): The Union Cabinet on Wednesday approved the continuation of the interest subvention component under the Modified Interest Subvention Scheme (MISS) for farmers for the financial year 2025-26, and approved required fund arrangements. It is a Central Sector Scheme aimed at ensuring the availability of short-term credit to farmers at an affordable interest rate through Kisan Credit card (KCC). Also Read | Parcel Bomb Case: Odisha Court Convicts Accused Punjilal Meher, Sentences Him to Life Imprisonment. Under the Scheme: Farmers received short-term loans of up t ...Read More >
Aizawl, June 2 (SocialNews.XYZ) All the government and private schools in Mizoram remained closed on Monday due to heavy rains that triggered landslides, rockfalls, and waterlogging in different parts of the mountainous state, officials said. A senior official of the School Education Department said that Deputy Commissioners of all 11 districts issued separate notifications closing the schools on Monday as a precautionary measure to ensure the safety of the students. After the beginning of the current spell of heavy rain, earlier, schools were closed across the state for two days on May 29 a ...Read More >
Meghalaya government introduced the Draft Meghalaya Film Tourism & Creative Media Policy 2025. Chief Minister Conrad K. Sangma disbursed Hello Meghalaya Grants to local filmmakers. The government aims to empower youth through creative platforms. The film policy offers financial incentives and skill development projects. Public feedback is welcome until June 20, 2025. Guwahati: Meghalaya chief minister Conrad K. Sangma unveiled the Draft Meghalaya Film Tourism & Creative Media Policy 2025 and dis ...Read More >
VIJAYAWADA: Chief Minister N Chandrababu Naidu has directed the officials to develop 'Visakha Economic Region' as the growth engine of Andhra Pradesh, with an aim to transforming it into a USD 120 billion economic region by 2032. He emphasised the need to develop Visakhapatnam on the lines of Mumbai in the next seven years. The Economic Region consists of eight districts including Visakhapatnam, Vizianagaram, Srikakulam, Anakapalli, Kakinada, East Godavari, ASR, and Manyam. The Chief Minister instructed officials to develop projects that would boost economic activity across this eight-distri ...Read More >
Itanagar, Jun 7 (PTI) The flood situation in Arunachal Pradesh improved on Saturday with water levels of most rivers receding, even as 33,000 people in 24 districts remained affected, officials said. Twelve people lost their lives and one person went missing in rain-related incidents, including landslides, after the monsoon set in, they said. In its daily report, the State Emergency Operation Centre (SEOC) said 33,200 people in 215 villages remained affected due to floods and landslides in the state. The water levels of most major rivers and their tributaries were showing a receding trend o ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
Itanagar (Arunachal Pradesh) [India], January 17 (ANI): Arunachal Pradesh Chief Minister Pema Khandu while addressing the Deputy Commissioners from across the state on Friday at the two-day Sashakt Arunachal Conference of Deputy Commissioners (DC), asserted that shying away from problems was not the way forward but finding a solution to problems and moving ahead was the solution. Giving his concluding remarks at the event held in Itanagar, he said, "There will be problems faced by the deputy commissioners, yes. But we need to find solutions and move forward. It is said that we humans use at t ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...Read More >
Andhra Pradesh government launched a massive greening campaign on World Environment Day, initiating "Vana Mahotsav" and an "End Plastic Pollution" drive. The goal is to increase the state's green cover from 29 to 50 percent by planting one crore saplings statewide. The initiative includes advanced monitoring and aims to achieve 37 percent green cover by 2029.The Andhra Pradesh government on Thursday launched a massive greening campaign to mark World Environment Day, aiming to increase the state's ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
New Delhi, June 6: In line with the government's vision for self-reliance, navratna defence PSU Bharat Electronics Limited (BEL) on Friday announced a collaboration with Tata Electronics towards the development of indigenous electronics and semiconductor solutions. The memorandum of understanding (MoU) is a significant step forward for BEL and Tata Electronics in jointly exploring end-to-end solutions to meet domestic requirements., BEL said in a stock exchange filing. BEL and Tata Electronics will explore end-to-end collaboration in areas such as semiconductor fabrication (Fab), Outsourced S ...Read More >
Srinagar, Jun 06: Political leaders in Jammu and Kashmir have extended greetings to the people on the auspicious occasion of Eid-ul-Adha. They expressed hope that the revered occasion brings peace and prosperity to the region. Dr Farooq Abdullah National Conference (NC) president, Dr Farooq Abdullah conveyed his heartfelt greetings to the people on Eid-ul-Adha, wishing them peace, prosperity and unity. In his message, Dr Abdullah reflected on the profound significance of the day, saying, "As the Muslim Ummah comes together in celebration of Eid-ul-Azha, I extend my warmest greetings to ever ...Read More >
Bihar's infrastructure has seen a 15-fold increase in data consumption over the past five years. Road density is now the third highest in India, electricity generation has increased tenfold, and IT parks and data centers are being developed. Numerous bridges and expanded rail lines are improving connectivity and boosting trade.Bihar has seen a 15-fold jump in data consumption in the last five years as the state goes big on developing infrastructure, investing in connectivity and building rail and ...Read More >
Itanagar (Arunachal Pradesh) [India], January 17 (ANI): Arunachal Pradesh Chief Minister Pema Khandu while addressing the Deputy Commissioners from across the state on Friday at the two-day Sashakt Arunachal Conference of Deputy Commissioners (DC), asserted that shying away from problems was not the way forward but finding a solution to problems and moving ahead was the solution. Giving his concluding remarks at the event held in Itanagar, he said, "There will be problems faced by the deputy commissioners, yes. But we need to find solutions and move forward. It is said that we humans use at t ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >
Gandhinagar (Gujarat) [India], June 5 (ANI): Gujarat Chief Minister Bhupendra Patel graced the distribution ceremony of 50 JCB machines organised by the Bharwad Yuva Sangathan - Gujarat Pradesh, held at Town Hall in Gandhinagar on Thursday. During the event, 50 economically disadvantaged youths from the Bharwad community were provided with JCB machines without any down payment, as part of an initiative to empower them towards self-reliance, according to the press release. Commending the efforts of the organization, the Chief Minister stated that Prime Minister Narendra Modi has always emphas ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Neiphiu Rio (left) during the opening of the new State Emporium Complex in Kohima on Friday Sourced by the Telegraph Nagaland chief minister Neiphiu Rio on Friday inaugurated a seven-storey facility in Kohima to serve as a hub for Naga handloom, handicrafts and cultural promotion. The Nagaland State Emporium Complex includes a dedicated state emporium on the first floor, three floors of shopping areas, a restaurant and library, a fully furnished conference hall and guest accommodations for visiting artisans and officials. At the inauguration, Rio expressed his appreciation for all those inv ...Read More >
Sonitpur (Assam) [India], June 6 (ANI): As the swelling Brahmaputra's raging floodwaters submerge vast areas of Tezpur, local residents are demanding immediate action from the state government to prevent further soil erosion and houses from getting washed away. A local resident said, "One or two houses have been washed away. In the Bhomoraguri village, under the Tezpur Legislative Assembly constituency, Sonitpur district, a large portion of land along with many homes at Bairagi Tila has been swallowed by the river, leaving everyone in a state of panic. Similarly, due to the intense erosion by ...Read More >
New Delhi: Since the terrorist attack in Pahalgam, Jammu and Kashmir in April, India and Pakistan's relations have been going through a very difficult phase. After the Pahalgam attack, India immediately suspended the Indus Waters Treaty (IWT) that was signed decades ago with Pakistan. This has left Pakistan agitated, and it has written several letters to India regarding this matter. Following the attack in Pahalgam on April 22, on April 24, Devshree Mukherjee, Secretary of the Ministry of Jal Shakti, sent a letter to Syed Ali Murtaza, Secretary of Pakistan's Water Ministry, making it clear th ...Read More >
Shimla, Jun 7 (PTI) Vice President Jagdeep Dhankhar on Saturday emphasised the need to empower the rural youth to become instruments of change in India's enormous but "underutilised" agricultural economy. Interacting with students, faculty and researchers during his visit to Dr YS Parmar University of Horticulture and Forestry in Solan, he also called for giving direct subsidy to farmers and claimed it will increase their annual income by Rs 30,000. Dhankhar said that instead of giving indirect subsidies on fertilisers, seeds and other inputs, farmers should get monetary assistance directly ...Read More >
Bengaluru, 26th May 2025: The Ministry of Skill Development and Entrepreneurship (MSDE) will convene the 38th Meeting of the Central Apprenticeship Council (CAC) on 26th May 2025 at Vigyan Bhawan, New Delhi. The Council, reconstituted in October 2024 under the chairmanship of Shri Jayant Chaudhary, Hon'ble Minister of State (Independent Charge), MSDE, plays a pivotal role in advising the Government on key policies related to apprenticeship training across the country. The last CAC meeting was held in June 2021. Since then, India's apprenticeship landscape has evolved considerably -- with over ...Read More >
Dimapur: In a landmark initiative to promote and preserve the rich handloom and handicraft tradition of Nagaland, chief minister Neiphiu Rio inaugurated the new state emporium complex in Kohima on Friday. The seven-storey facility will serve as a hub for Naga handloom, handicrafts, and cultural promotion of the state. Ready for a challenge? Click here to take our quiz and show off your knowledge! Addressing the gathering, Rio emphasised the cultural and economic importance of the new facility, calling it a "beacon of identity and opportunity". He expressed appreciation for all those involv ...Read More >
Gadchiroli (Maharashtra), June 6 (SocialNews.XYZ) Chief Minister Devendra Fadnavis, who is also the Gadchiroli district guardian minister, on Friday said the district is on top priority list on his development agenda and directed all government departments to give priority and carry out development works. "I have consciously taken up the post of Guardian Minister here so that the issues of Gadchiroli should come directly to me. I have taken note of all the issues raised by the people's representatives and others and the policy decisions that need to be taken will be taken accordingly," said t ...Read More >