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 total exports, including merchandise and services, were estimated at 69.16 billion U.S. dollars in August, a 9.34 percent increase compared to the same month last year, official data showed on Monday. The figure also revealed that total imports, including merchandise and services, for August were estimated at 79.04 billion dollars, 7 percent less than the same month last year. According to the data, India's total exports in the April-August period stayed at 349.35 billion dollars, while total imports reached 390.78 billion dollars. Federation of Indian Export Organizations President S.C. Ralhan said that export growth in August was a "welcome and encouraging sign," especially in the light of ongoing global headwinds and geopolitical uncertainties. The decline in imports had also helped in easing a trade deficit, he added. ■
Mumbai, Jun 5 (PTI) The rupee snapped its two-day losing streak and closed 8 paise higher at 85.79 against the US dollar on Thursday, supported by positive domestic equities and a rise in Asian currencies. Forex traders said overnight softening of crude oil prices favoured the rupee. However, a strong US dollar index capped sharp gains. Besides, market participants are now keenly awaiting the outcome of the Reserve Bank of India's (RBI's) monetary policy meeting for further cues, they said. At the interbank foreign exchange, the domestic unit witnessed a volatile trading session -- it opene ...Read More >
Mumbai, Jul 3 (PTI) The rupee depreciated 8 paise to 85.70 against the US dollar in early trade on Thursday amid renewed headwinds from global risk sentiment and persistent foreign fund outflows. Forex traders said the rupee was trading in a narrow range largely due to RBI's cautious strategy as any dip in USD-INR is likely to be met with dollar buying by the RBI, not only to manage maturities but also to rebuild its intervention cushion. This persistent demand for dollars by the central bank is limiting the gains for the rupee, they said. At the interbank foreign exchange, the domestic uni ...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 >
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 [India], September 16 (ANI): India's merchandise trade deficit remained elevated at USD 26.5 billion in August 2025, despite narrowing modestly from USD 27.4 billion in July, according to a report by Nuvama Institutional Equities. The firm noted that while the headline number improved marginally, the underlying trends show continued stress in core trade segments. The ex-oil trade deficit widened further to USD 17.7 billion in August from USD 16.1 billion a month earlier. Similarly, the deficit excluding oil and gold also stayed high at USD 14.6 billion. Gold imports nearly doubled ...Read More >
New Delhi [India], October 16 (ANI): Gold prices continued to surge in 2025, driven by a mix of global fiscal concerns, currency weakness, and strong institutional buying, as per a report by Religare Broking. The metal has delivered over 65 per cent returns so far this year, one of the highest gains seen in recent years, as investors turn to gold as a safe haven amid rising market uncertainty. At the time of filing this report, Gold prices in Delhi of 24kt was trading at Rs 1,28,110/ 10gm. The report highlighted rally is fuelled by concerns over fiscal discipline and mounting government debt ...Read More >
The Competition Commission of India (CCI) has fined WhatsApp $25.4 million for antitrust violations linked to its controversial 2021 privacy policy. It ruled that WhatsApp's mandatory data-sharing with Meta for advertising purposes abused its dominant market position, forcing users to accept expanded data collection without opt-out options. The CCI also prohibited WhatsApp from sharing user data with Meta units for non-service-related purposes for five years. This mandatory data-sharing, the CCI noted, created barriers for competitors and harmed the display advertising market. With over 450 mi ...Read More >
MUMBAI, Oct 16: The rupee appreciated for the second consecutive session on Thursday, rising 12 paise to close at 87.96 against the US dollar. The gain was supported by a weaker dollar against major global currencies, renewed investor risk appetite, likely Reserve Bank of India (RBI) intervention, and strong domestic equity market performance. At the interbank foreign exchange, the rupee opened at 87.76, touched an intraday high of 87.68, and finally settled at 87.96, up from Wednesday's close of 88.08. The previous session had seen a sharp 73 paise rebound -- the rupee's biggest intraday g ...Read More >
New Delhi, Oct 19 (PTI) Reflecting a clear trend of market diversification, Indian exporters registered positive growth in 24 countries during the first half of the current fiscal year, even as shipments to the US declined due to high tariffs in September, official data showed. These 24 countries include Korea, UAE, Germany, Togo, Egypt, Vietnam, Iraq, Mexico, Russia, Kenya, Nigeria, Canada, Poland, Sri Lanka, Oman, Thailand, Bangladesh, Brazil, Belgium, Italy and Tanzania. "24 countries with a total export of USD 129.3 billion recorded positive growth in export in April-September 2025-26 as ...Read More >
China has filed a complaint against India in the World Trade Organisation (WTO) over New Delhi's subsidies for electric vehicles (EVs) and batteries. The Chinese Commerce Ministry has alleged that the measures by India violate several WTO obligations, including the principle of national treatment, and constitute import substitution subsidies, which are explicitly prohibited under the multi-lateral trade rules. These measures unfairly benefit India's domestic industries and undermine China's leg ...Read More >
New Delhi, Jul 9 (PTI) India, which is negotiating a trade pact with the US, has not figured in the list of countries that have been issued tariff letters by the Trump administration on Wednesday so far. The decision will provide relief to Indian exporters, as both countries are currently engaged in negotiations for a trade agreement. Also Read | Hyderabad Drug Bust: Telangana's EAGLE and Cyberabad Police Bust Drug Racket Operating From Kompally Restaurant; 6 Arrested, Including Owner (See Pic). The US has issued tariff letters to about 20 countries so far. US President Donald Trump sent o ...Read More >
New Delhi: Delhi govt has prepared a plan under which Delhi Transport Corporation (DTC) bus drivers and conductors will receive regular training, with a focus on ethical values, customer service and safe driving, transport minister Pankaj Singh said on Friday. The move is for improving the public image of DTC buses.The minister mentioned that DTC bus drivers who fail to halt at designated stops or are found speeding will face strict departmental action.Several commuters have complained about the behaviour of DTC bus drivers. There have alleged that the buses often fail to stop at the designate ...Read More >
New Delhi [India], August 14 (ANI): India's overall trade deficit (merchandise and services combined) widened to USD 11.72 billion in July 2025, up from USD 10.10 billion in the same month last year, driven by a sharper rise in imports than exports, according to the data released by the Commerce & Industry Ministry.The data shows that the overall exports stood at USD 68.25 billion in July 2025, marking a growth from the same month of the previous year at USD 65.31 billion.On the other hand, imports of the country grew at a faster pace, reaching USD 79.99 billion compared with USD 75.41 billion ...Read More >
New Delhi [India], September 15 (ANI): India's overall exports, merchandise and services combined, in August 2025 were reported at USD 69.16 billion, marking a 9.34 per cent rise on a yearly basis, data from the Union Commerce Ministry showed on Monday. The total exports in August 2024 were pegged at USD 63.25 billion. Exports of merchandise goods rose from USD 32.89 billion to USD 35.10 billion, and exports of services rose from USD 30.36 billion to USD 34.06 billion during August 2025. Also Read | Fact Check: Pakistani Actor Fawad Khan and Vaani Kapoor's 'Abir Gulaal' To Release in Indian ...Read More >
New Delhi, Dec 15 (PTI) After recording about threefold surge in the inbound shipments in October, the country's gold imports dipped about 60 per cent to USD 4 billion in November, according to commerce ministry data. Gold imports stood at USD 9.8 billion in November 2024. Cumulatively, imports during April-November this fiscal year rose 3.3 per cent to USD 45.26 billion from USD 43.8 billion a year ago. The country's gold imports surged about threefold year-on-year to hit a record high of USD 14.72 billion in October. The dip in gold imports has helped narrow the country's trade deficit ( ...Read More >
New Delhi: For the past few weeks, everyone-from common people to investors-has been asking one question: why has the Indian rupee fallen so sharply? The rupee has slipped close 90 against the US dollar, and because of this sharp fall, the issue was raised in Parliament. The government clearly explained in the Lok Sabha that the rupee's weakness is not sudden and has happened due to several domestic and global reasons. How fast did the rupee slide? The government said that in the third week of November 2025, the rupee fell to 89.41 per dollar. In early December, it weakened further to 89.64, ...Read More >
Mumbai, July 11: The opening press conference for the 2025 Esports World Cup (EWC) was held in Riyadh, marking the start of the world's largest esports and gaming festival. The 2025 Esports World Cup (EWC) opened on Thursday evening with a star-studded opening ceremony. Running until August 24, the event features more than 2,000 elite players, 25 tournaments across 24 leading titles, and a prize pool of over 70 million U.S. dollars. Danial Patel Makes History at WAVES Esports Championship 2025, Clinches First-Ever Gold Medal for India. Speaking at the press conference on Wednesday, Prince Fai ...Read More >
No decision has been taken as yet on stopping imports from Russia, the people said, asking not to be named due to the sensitivity of the matter. Both state-run and private refiners are allowed to buy from their preferred sources, and crude purchases remain a commercial decision made by them, several of the people said. Trump blasted India on Wednesday for continuing to purchase most of its military equipment and energy from Russia. The US leader imposed a surprise 25 per cent tariff on India and ...Read More >
NEW DELHI, Aug. 25 (Xinhua) -- The Board of Control for Cricket in India (BCCI), the national governing body of the sport of cricket in India, on Monday ended the sponsorship association with the country's fantasy online sports platform Dream11. The decisions followed the passage of the Promotion and Regulation of Online Gaming Bill, 2025 in both houses of parliament last week. The confirmation was made by BCCI secretary Devajit Saikia while speaking to the media. "Looking at the current situation and keeping in mind that the bill has become an Act, it would be really difficult for BCCI to ...Read More >
New Delhi, Sep 30 (PTI) The free trade agreement between India and the four-nation European bloc EFTA will come into force from Wednesday under which New Delhi has received an investment commitment of USD 100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates and cut and polished diamonds at lower or zero duties. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. It was signed on March 10, 2024. Domestic customers will get access to high-quality Swiss products such as watches, chocolates ...Read More >
Mumbai, Oct 16 (PTI) The rupee appreciated 40 paise to 87.68 against the US dollar in early trade on Thursday, primarily driven by central bank intervention, a softer dollar index. Forex traders said other supportive factors like positive domestic equities, lower crude oil prices and renewed foreign fund inflows also boosted investor sentiments. At the interbank foreign exchange market, the rupee opened at 87.76 and then gained ground and touched an early high of 87.68 against the US dollar, registering a gain of 40 paise from its previous close. On Wednesday, the rupee bounced back sharply ...Read More >
New Delhi [India], May 29 (ANI): After a federal court of the United States struck down a reciprocal tariff announced by US President Donald Trump, the Global Trade Research Initiative (GTRI) said that India should proceed cautiously in its ongoing Free Trade Agreement (FTA) negotiations with the US. A Manhattan-based federal court on May 28 struck down Trump's move to impose reciprocal tariffs on the trading partners of the US and ruled that he can't use emergency power to impose tariffs on foreign countries; it has to come from Congress. The order of the court determined that the tariffs, ...Read More >
Chennai: Surge in imports by the US ahead of anticipated tariff increases may see global trade expand by around $300 billion in the first half of 2025, with goods contributing about $230 billion and services around $70 billion. However, India was among the few countries that saw both goods and services trade decrease in the March quarter. The second half may see slower growth, finds UNCTAD. Global trade in goods and services continued its positive trajectory during the March quarter of 2025 with a quarterly increase of about 1.5 per cent and an annual growth rate of 3.5 per cent. In Q1 2025, ...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 >
Beijing/New Delhi, July 19 (SocialNews.XYZ) China on Saturday officially began construction on a mega dam project in the lower reaches of the Yarlung Tsangpo - upper reaches of the Brahmaputra - River in Tibet, raising major concerns in the downstream countries, including India and Bangladesh. Chinese Premier Li Qiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, attended the groundbreaking ceremony and announced the official start of the Yarlung Zangbo River Lower Reaches Hydropower Project in the Tibet region. Resp ...Read More >
NEW DELHI - President Donald Trump's new list of tariffs on half the world's countries sent the United States' trading partners scrambling to understand how their businesses will be affected. India got the bad news a day earlier - its goods face a tariff of 25 per cent or more - but the extra time was hardly enough to adjust to the fresh chaos. Indian negotiators had not expected to conclude a meaningful deal in time to meet Mr Trump's revised deadline of Aug 1. But they did expect to be treated as well as their neighbours, and to keep haggling with US officials until October or November, w ...Read More >
New Delhi [India], August 14 (ANI): India overall trade deficit (merchandise and services combined) widened to USD 11.72 billion in July 2025, up from USD 10.10 billion in the same month last year, driven by a sharper rise in imports than exports, according to the data released by the Commerce & Industry Ministry. The data shows that the overall exports stood at USD 68.25 billion in July 2025, marking a growth from the same month of the previous year at USD 65.31 billion. On the other hand, imports of the country grew at a faster pace, reaching USD 79.99 billion compared with USD 75.41 billi ...Read More >
Mumbai, Dec 17 (PTI) The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 (provisional) against the US dollar on Tuesday, weighed down by disappointing trade balance data and weak domestic markets. Forex traders said the rupee is likely to remain under pressure due to concerns over slowdown in the economy and dollar demand from importers and foreign banks. At the interbank foreign exchange, the rupee opened at 84.89 and touched an all-time low of 84.93 against the greenback during intra-day trade. The unit finally ended the session marginally higher by ...Read More >
NEW DELHI, July 2 (Xinhua) -- At least 10 people were killed and 34 others went missing after multiple cloudbursts and flash floods hit India's northern state of Himachal Pradesh, officials said Wednesday. According to the State Emergency Operations Centre (SEOC), the state witnessed 16 cloudbursts and three flash floods in 24 hours as a result of incessant rains that wreaked havoc and caused widespread devastation. The worst-affected area was Mandi district, about 133 km north of Shimla, the capital city of Himachal Pradesh. "During the last 24 hours, a total of 10 people were killed and 3 ...Read More >
New Delhi, Jul 10 (PTI) India needs to strengthen its shipping ecosystem to reduce vulnerability in times of global crises and promote the country's trade, Special Secretary in the Department of Commerce Rajesh Agrawal said on Thursday. He said Indian flag vessels are very limited in number, and this leads to around USD 50 billion of trade deficit that we do have in the services sector solely due to maritime logistics. Calling the situation "unsustainable" as it also makes India "vulnerable", he said countries which have strong control over logistics systems fare better during global disrupt ...Read More >