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.
NEW DELHI, Sept. 15 (Xinhua) -- India's wholesale price index (WPI) rose to 0.52 percent in August, data released by the federal Ministry of Commerce and Industry on Monday said. The wholesale inflation turned positive in August after remaining negative in the past two months. The August figure marks a four-month high. "Positive rate of inflation in August 2025 is primarily due to increase in prices of food products, other manufacturing, non-food articles, other non-metallic mineral products and other transport equipment, etc.," reads a statement issued by the ministry. WPI inflation rate was -0.58 percent in July and -0.19 percent (final) in June. ■
Dantewada (Chhattisgarh) [India] July 15 (ANI): The tribal-dominated Dantewada district is all set to make its footprint visible in the high-octane sport of Thai Kick Boxing, as young athletes here have clinched medals in international as well as national events. With the support of the Chhattisgarh Government, the youth of Dantewada are sharpening their skills and preparing for Thai Kick Boxing events to be held in the country and overseas. As Dantewada moves on the path to becoming a hub for producing Thai Kick Boxers, the district is also ready to shed its infamous identity that emerged du ...Read More >
New Delhi, Aug 28 (PTI) India's gains from importing discounted Russian oil are estimated to be just USD 2.5 billion per annum, significantly lower than the previously speculated range of USD 10-25 billion, a research report said on Thursday. Stopping Russian oil imports would force India, the world's third-largest oil importer and consumer, to rely on limited alternatives, potentially driving global crude prices up to USD 100 per barrel amid rising demand and tight supply. "Benefit from Russian oil imports is way less than exaggerated media numbers," brokerage CLSA said in a report. While ...Read More >
New Delhi, Sep 15 (SocialNews.XYZ) The annual rate of inflation based on the All India Wholesale Price Index (WPI) number edged up to 0.52 per cent for August, primarily due to the increase in prices of food products and manufactured goods, according to figures released by the Ministry of Commerce and Industry on Monday. "Positive rate of inflation in August 2025 is primarily due to an increase in prices of food products, other manufacturing, non-food articles, other non-metallic mineral products and other transport equipment, etc.," the government said in a press release. However, the price ...Read More >
Mumbai: Gold and silver prices kept climbing on Thursday, riding a wave of optimism after the US government finally ended its long shutdown. Investors, still wary about the US economy and hoping for a friendlier Federal Reserve, rushed toward precious metals for some safety. Over at the Multi Commodity Exchange (MCX), gold futures for December delivery shot up by Rs 1,180, landing at Rs 1,27,645 per 10 grams. The February 2026 contract did even better, leaping Rs 1,360 to Rs 1,29,320 per 10 grams. Silver didn't miss out either -- it's now on a five-session winning streak. The December silver ...Read More >
New Delhi [India], August 14 (ANI): India's wholesale inflation, measured by the All India Wholesale Price Index (WPI), slipped further into the negative zone in July 2025, standing at (-) 0.58 per cent (provisional) compared to the same month last year, according to the Ministry of Commerce & Industry. This marks a continuation of the deflationary trend, with the decline largely driven by falling prices of food articles, mineral oils, crude petroleum & natural gas, and basic metals. On a month-to-month basis, however, the WPI rose by 0.39 per cent in July over June 2025. Also Read | BIGBANG ...Read More >
NEW DELHI: India's wholesale price index (WPI)-based inflation slipped to a 25-month low of -0.58% in July, marking a second straight month in negative territory, provisional data from the Ministry of Commerce showed on Thursday. The reading was well below economists' expectations of a 0.30% decline in a Reuters poll. WPI, a proxy for producers' prices, stood at -0.13% in June, 0.13% in May, 0.85% in April, 2.25% in March, 2.45% in February, and 2.51% in January. The index was pulled down primarily by cheaper primary articles, especially food. "This was largely driven by the food segment, w ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
According to the latest forecast from the IMF, India's economy is set to grow by 6.6% in FY26, a testament to its solid economic backbone and adaptability. The surge in consumer spending and significant infrastructure projects are propelling this growth. The International Monetary Fund (IMF)'s recent upward revision of India's FY26 economic growth forecast to 6.6% from 6.4% earlier reflects the country's economic resilience and strong fundamentals, Commerce and Industry Minister Piyush Goyal sai ...Read More >
New Delhi: Wholesale inflation in November this year was in a negative zone, down by 0.32 per cent due to falling prices of food articles, oils and electricity. However, the figure was still 0.71 per cent up as compared to the previous month, when the WPI recorded a sharp plunge registering at (-) 1.21 per cent in October and 2.16 per cent in November last year. This increase in November, however, is attributed to the month-on-month increase in the prices of pulses and vegetables, the government said on Monday. The industry ministry, however, said that in overall wholesale price index or WPI- ...Read More >
New Delhi, July 14 (UNI) The latest WPI (Wholesale Price Index) data marked wholesale inflation for June at negative 0.13%. It is the lowest recorded data since October 2023. WPI or Wholesale Price Index data is released by the Office of the Economic Advisor within DPIIT (Department for Promotion of Industry and Internal Trade). It comes under the Ministry of Commerce & Industry, Government of India. A WPI or Wholesale Price Index tracks major changes in the overall price of goods before they are sold or traded. This indicator shows the crucial price movements at the wholesale level. WPI is ...Read More >
India's wholesale price index (WPI) inflation saw an increase in August, reaching 0.52 per cent year-on-year, according to Commerce Ministry data. This marks a shift from the -0.58 per cent recorded in the previous August. The rise is attributed to slight increases in the prices of food, mineral oils, crude petroleum, natural gas, and basic metals manufacturing. India's wholesale price index-based inflation accelerated to 0.52 per cent in August on an annual basis as against -0.58 per cent in August, data from the Commerce Ministry on Monday showed. A Reuters poll suggested that the WPI may ...Read More >
New Delhi [India], April 8 (ANI): The Reserve Bank of India is set to announce its first bi-monthly Monetary Policy Statement for the financial year 2026-27 today. Governor Sanjay Malhotra will deliver the decisions of the six-member Monetary Policy Committee at 10 this morning. The committee deliberated on interest rates, inflation outlook, and growth projections since Monday. Speaking to ANI, experts indicated a strong consensus for a status quo on the current repo rate, with most suggesting that the central bank will prioritize stability amidst global economic volatility and shifting ener ...Read More >
India's Free Trade Agreement (FTA) with the European Free Trade Association (EFTA) countries -- Switzerland, Liechtenstein, Norway and Iceland -- will officially come into effect from 1 October 2025, Union Minister of Commerce and Industry Piyush Goyal announced on Monday. Speaking at the valedictory session of the UP International Trade Show, Goyal said the deal, which was finalised in March 2024, marks another major step in India's global trade strategy. "Free Trade Agreement (FTA) with the EFTA countries (Iceland, Liechtenstein, Norway, and Switzerland), which was finalised in March 2024, ...Read More >
NEW DELHI, Oct 18: India's agricultural and rural labourers experienced a year-on-year inflation rate of -0.31% and -0.31% respectively in September, according to data from the Ministry of Labour and Employment. The All-India Consumer Price Index for agricultural labourers decreased by 0.11 points to 136.23, while the index for rural labourers decreased by 0.18 points to 136.42. The Food Index also decreased by 0.47 points for agricultural labourers and 0.58 points for rural labourers. The Labour Bureau released the Consumer Price Index numbers for September, based on data from 787 sample v ...Read More >
New Delhi, Oct 21 (PTI) India's eight key infrastructure sectors' output stood at 3 per cent in September, slower than the 6.5 per cent expansion recorded in August, according to official data released on Tuesday. The core sectors' output growth was 2.4 per cent in September last year. In September this year, these eight sectors recorded the lowest growth in the last three months due to a fall in the output of coal, crude oil, refinery products and natural gas. The growth rate in the productio ...Read More >
New Delhi [India], July 11 (ANI): Wholesale inflation in India likely surged to 0.80 per cent year-on-year in June 2025 from 0.39 per cent in May, mainly due to a month-on-month rise in food, fuel and core inflation, according to a report by Union Bank of India. The report highlighted that core WPI, which excludes food and fuel, rose sharply from 0.86 per cent in May to 1.63 per cent in June. Also Read | Tesla India First Showroom To Open in Mumbai on July 15 As 'Experience Centre', Closer to Apple Store. It stated "June'25 WPI likely spiked due to commodity prices led rise in core inflatio ...Read More >
New Delhi [India], August 14 (ANI): India wholesale inflation, measured by the All India Wholesale Price Index (WPI), slipped further into the negative zone in July 2025, standing at (-) 0.58 per cent (provisional) compared to the same month last year, according to the Ministry of Commerce & Industry. This marks a continuation of the deflationary trend, with the decline largely driven by falling prices of food articles, mineral oils, crude petroleum & natural gas, and basic metals. On a month-to-month basis, however, the WPI rose by 0.39 per cent in July over June 2025. The WPI captures pric ...Read More >
NEW DELHI, Sept. 12 (Xinhua) -- India's retail inflation rose to 2.07 percent in August, the latest government data showed Friday. According to data released by the federal Ministry of Statistics and Programme Implementation, inflation based on the consumer price index in August is 2.07 percent, compared with 1.61 percent in July. The inflation, according to the ministry, is well within the target inflation rate of the Reserve Bank of India. Food inflation remained negative in the third consecutive month. It stood at -0.69 percent for August, rising 107 basis points as compared to July. Th ...Read More >
New Delhi, April 4 (SocialNews.XYZ) Europe's fragile economic outlook amid geopolitical tensions could have ripple effects on India's trade and sectoral competitiveness with the latter to gain from FTA, a new report has said. The report from EY noted that India could gain from new opportunities with deeper trade engagement with Europe and rising competitiveness in sectors such as textiles. Tariff and trade policy changes by the United States as well as West Asian conflict will act as headwinds for Europe's economy, potentially affecting global trade flows and competition with countries like ...Read More >
New Delhi, Aug 14 (PTI) Wholesale price inflation declined to a 2-year low of (-) 0.58 per cent in July, as deflation in food and fuel kept WPI in the negative zone for the second consecutive month, government data released on Thursday showed. Experts, however, projected WPI inflation to move back into positive territory in August, as base effects fade and seasonal price increases continue. WPI-based inflation was 2.10 per cent in July last year, and (-) 0.13 per cent in June. "Negative rate of inflation in July 2025 is primarily due to a decrease in prices of food articles, mineral oils, c ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with natural-voice AI agents and deployed end-to-end social media pipelines capable of scaling global brand ...Read More >
The All-India Consumer Price Index for agricultural labourers decreased by 0.11 points to 136.23, while the index for rural labourers went down by 0.18 points, reaching 136.42. New Delhi: The year-on-year inflation rate for agricultural labourers and rural Labourers stood at -0.07 per cent and 0.31 per cent, respectively, in September, figures released by the Ministry of Labour and Employment showed on Saturday. The All-India Consumer Price Index for agricultural labourers decreased by 0.11 poi ...Read More >
NEW DELHI, April 8 (Xinhua) -- India's central banking institution, the Reserve Bank of India (RBI), on Wednesday announced it has kept the repo rate unchanged at 5.25 percent. Repo rate is the rate at which the central bank lends money to commercial banks in the event of a shortfall of funds. "Consequently, the standing deposit facility (SDF) rate remains at 5.00 percent and the marginal standing facility (MSF) rate and the bank rate remains at 5.50 percent," an RBI statement reads. Meanwhile, the country's real GDP growth for 2026-27 is projected at 6.9 percent, with Q1 at 6.8 percent, Q2 ...Read More >
The IEA reports weakened investment momentum in critical minerals in 2024, despite strong demand expectations. Exploration plateaued, and funding for startups slowed. Refined material production concentrated among top suppliers like Indonesia and China, increasing geographic concentration. Surging supply, particularly from these nations, drove down prices for battery metals, with lithium prices plummeting over 80% since 2023.Investment decisions in the global critical mineral sector face signific ...Read More >
Telangana BJP president N. Ramchander Rao has slammed a ₹25 crore defamation notice on Deputy Chief Minister Mallu Bhatti Vikramarka and sought an unconditional public apology for his 'illegal' and 'unlawful' acts of making false imputations against him with regard to the suicide of University of Hyderabad (UoH) research scholar Rohith Vemula causing him 'serious agony' and 'Irreversible' damage. Mr. Vikramarka has been given three days to apologise or criminal action will be taken claiming damages of ₹25 crore, said the legal notice sent on Tuesday. The notice sent through Mr. Ramchander Rao ...Read More >
India's wholesale inflation fell to -0.58% in July from -0.13% in June, marking a continued disinflationary trend, helped by a strong spring harvest despite uneven monsoons. Retail inflation also cooled to 1.55%, an 8-year low, falling below the RBI's 2-6% target band for the first time in over six years. India's wholesale inflation edged down to -0.58% in July from -0.13% in June, as per government data released on Thursday. A Reuters poll of economists had projected wholesale price index (WPI)-based inflation to contract further to -0.30% in July. Despite uneven monsoons, a strong spring ...Read More >
CHANDIGARH: A portion of the frontal section of Congress MLA Sukhpal Singh Khaira's house in Bholath, Kapurthala, was demolished on Monday by the office of the Block Development and Panchayat Officer (BDPO). Khaira, a strong critic of Punjab Chief Minister Bhagwant Mann, condemned the move, calling it the dangerous introduction of "bulldozer (Pila-Panja) politics" in Punjab by Mann under directions from AAP supremo Arvind Kejriwal, aimed at silencing criticism and democratic dissent. As the demolition began, Khaira went live on social media, criticising the state government. Anticipating the ...Read More >
NEW DELHI, July 14 (Xinhua) -- India's wholesale price index (WPI) declined to -0.13 percent in June, data released by the federal Ministry of Commerce and Industry said on Monday. The WPI inflation dropped to a 21-month low of -0.13 percent in June, marking the first negative reading since October 2023. "The annual rate of inflation based on All India WPI number is -0.13 percent (provisional) for the month of June 2025 (over June 2024)," reads a statement issued by the ministry. Negative rate of inflation in June 2025 is primarily due to a decrease in prices of food articles, mineral oils, ...Read More >
New Delhi: In a major relief to the common man, headline retail inflation dipped to a more than six-year low of 2.1 per cent in June, mainly due to subdued prices of food items such as vegetables, pulses, meat, and milk among others. At the same time, wholesale price inflation (WPI) also stayed in a negative zone after a gap of 19 months, declining 0.13 per cent in June due to cheaper prices in food articles and fuel, and with softening in manufactured product costs, two separate government data showed on Monday. According to the National Statistics Office (NSO) data, consumer price index or ...Read More >
NEW DELHI: Wholesale price index (WPI)-based inflation returned to positive territory in August 2025, after two consecutive months of deflation, according to data released by the Ministry of Commerce & Industry on Monday. The annual rate of inflation, calculated on a year-on-year (YoY) basis, stood at 0.52% (provisional) for August 2025, a significant reversal from the -0.58% recorded in July 2025. This shift is primarily attributed to rising prices in key sectors such as food products, other manufacturing, non-food articles, and other transport equipment. On a month-on-month (MoM) basis, th ...Read More >