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.
Bengaluru: Karnataka cabinet on Thursday approved the state's first-ever Skill Development Policy 2025-2032, aimed at positioning the state as a premier hub for skilled workforce and talent and driving its vision of becoming a USD 1 trillion economy by 2032. The policy leverages digital technologies and AI-driven tools for training, assessment, and career guidance through a unified digital portal. It also emphasises international workforce mobility by facilitating global certifications, migration support, and specialised training, officials said. Although the Department of Skill Development, Entrepreneurship & Livelihood was established in 2017 to coordinate and drive skilling initiatives, Karnataka had no formal skill development policy until now. The department's Minister, Sharanprakash Patil, said the absence of a policy framework meant that skilling efforts were often fragmented across multiple departments. He said, "With the growing demand for a skilled workforce to meet state, national and global needs, there was an urgent requirement to streamline and integrate initiatives under a common vision and strategy. The Karnataka Skill Development Policy 2025-2032 addresses this gap by aligning skilling with education, employment, and industry requirements, while also ensuring inclusivity, equity, and future readiness." Key highlight of the policy is the integration of vocational education into schools, colleges, and universities through credit-based programmes. It also provides for a strong industry collaboration through apprenticeships, industry-led training, and ITI adoption; focus on lifelong learning, reskilling, and upskilling to match rapid technological and industrial changes. Special interventions for women, persons with disabilities, marginalised communities, the urban poor, and the informal workforce are also proposed in the policy, along with infrastructure upgradation, including modernisation of ITIs, expansion of Government Tool Room & Training Centres (GTTCs), and setting up of rural and urban skilling hubs. The policy also envisages a robust monitoring and evaluation (M&E) framework, with 5 per cent of scheme budgets earmarked for M&E.
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 >
Bengaluru: Mysuru Dasara is set to run for 11 days this year -- a rare extension driven by celestial alignment and cultural planning -- with the inaugural ceremony on Sept 22 and the grand Jamboo Savari taking place on Oct 2, coinciding with Vijayadashami and Gandhi Jayanti.Chairing a high-level meeting at Vidhana Soudha Friday, chief minister Siddaramaiah said, "Mysuru Dasara in 2025 will be celebrated for 11 days, due to a unique astronomical occurrence -- the Panchami tithi (fifth lunar day) will appear on two consecutive days, Sept 26 and 27, a rare alignment that hasn't occurred in nearly ...Read More >
New Delhi [India], July 5 (ANI): India has emerged as one of the most equal societies globally, with a Gini Index of 25.5, according to the latest data from the World Bank. Ranking fourth worldwide in income equality, India now stands just behind the Slovak Republic, Slovenia, and Belarus. "It reflects how India's economic progress is being shared more evenly across its population. Behind this success is a consistent policy focus on reducing poverty, expanding financial access, and delivering welfare support directly to those who need it most," a release from the Social Welfare said. The Gi ...Read More >
Mumbai, July 11 (SocialNews.XYZ) Lower back pain is a national crisis that can affect the country's productivity, said Adani Group Chairman Gautam Adani on Friday, urging entrepreneurs to build India's first AI-powered spinal diagnostic platform. He was addressing the 5th Annual Conference of the Society for Minimally Invasive Spine Surgery-Asia Pacific (SMISS-AP), in Mumbai. The Adani Group Chairman expressed shock over lower back pain becoming a leading cause of disability in the country and noted how it can destroy the dreams of the nation. "I was shocked to learn that low back pain is n ...Read More >
Itanagar, July 12 (SocialNews.XYZ) Arunachal Pradesh Chief Minister Pema Khandu expressed gratitude to the people of Riga village in Siang district for accepting the government plan to sign the Memorandum of Understanding (MoU) for the Pre-Feasibility Report (PFR) of the proposed Siang Upper Multipurpose Project (SUMP), hydropower project with an estimated generation capacity of 11,000 MW. An official of the Chief Minister's Office (CMO) said on Saturday that people of Riga village of Siang district signed a Memorandum of Understanding (MoU) with the state government in a meeting held on Frid ...Read More >
Guwahati, Jun 5 (PTI) Assam Chief Minister Himanta Biswa Sarma on Thursday said that the caste census will greatly benefit the indigenous Muslim community living in both the Brahmaputra and Barak Valley in the state. The Centre on Wednesday announced that India's 16th Census with caste enumeration will be carried out in 2027. The indigenous Muslim communities of Assam have been demanding for a long time, a caste-based census to assert their distinct socio-cultural identities, the chief minister said on the sidelines of the World Environment Day programme here. ''The proposed caste enumerati ...Read More >
ess than 24 hours after he asserted in Nigeria's Abuja that stepping out of the comfort zone, innovating and creating new paths has now become the very essence of today's India, Prime Minister Narendra Modi on Monday told the gathering of world's most influential leaders converged in Rio de Janeiro for the G20 Summit that the main reason for India's success lies in his government's 'back to basics' and 'march to the future' approach. Addressing the G20 session on 'Social Inclusion and the Fight Against Hunger and Poverty' at the bayside museum of modern art during the two-day 19th G20 Summit, ...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 >
Mumbai, June 8 (UNI) A 'pucca Mumbaikar' Sunit Prakash and his Gujarat-rooted wife Lalita Kasanji - both dual New Zealand-Australia citizens - have been selected for the 'Members of the New Zealand Order of Merit' honour for services to the Information Technology industry and the Indian diaspora there. The Royal honours -- similar to India's top Padma national awards -- will soon be conferred on the Indian-origin couple by New Zealand Governor-General Dame Cindy Kiro, the representative of King Charles III of the United Kingdom. New Zealand recognises the British monarch as its head of state. ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to invite this esteemed class of artists, technologists, and professionals to join the Academy," said Ac ...Read More >
Thiruvananthapuram (Kerala) [India], July 4 (ANI): Minister for Ports and Cooperation and Minister for Devaswoms from the Left Democratic Front (LDF), V.N. Vasavan called the Kottayam Medical College building collapse an 'unfortunate' incident and informed that an amount of fifty thousand will be given to the affected family immediately by the Kerala government. He said, "CM visited the spot yesterday itself. Rs 50,000 will be given as immediate help to the family. The State Cabinet will discuss and decide on financial help to the family. Kottayam Medical College is one of the best-performing ...Read More >
Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls are scheduled later this year. "We are trying hard so that the Prime Minister can spare some time ...Read More >
Thiruvananthapuram (Kerala) [India], July 5 (ANI): A group of Youth Congress workers staged a protest march outside the official residence of Kerala Health Minister Veena George in Thiruvananthapuram on Saturday, demanding her resignation over the building collapse at the Kottayam Medical College. Police used water cannons to disperse the workers of the Youth Congress and detained them. This comes after a building block collapsed at the Government Medical College Hospital in Kottayam, claiming an individual's life and injuring two others on July 3. Earlier on Friday, a group of Indian Union ...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 >
Thiruvananthapuram (Kerala) [India], July 4 (ANI): A group of Indian Union Muslim League (IUML) youth wing workers staged a protest march outside the official residence of Kerala Health Minister Veena George in Thiruvananthapuram on Friday, demanding her resignation over the collapse of a building block at the Government Medical College Hospital in Kottayam. The incident claimed the life of one person, while two others were injured. Also Read | 'Seeking Clarity Is Not Misinformation': CM Siddaramaiah Responds to Biocon Chief Kiran Mazumdar Shaw on COVID-19 Vaccine Row. Visuals from the scen ...Read More >
New Delhi [India], July 9 (ANI): Union Minister of State for Home Affairs, Nityanand Rai, on Tuesday welcomed the decision of the Bihar cabinet to constitute a Youth Commission for the betterment of young people in the state. Speaking to ANI, MoS Rai said that this decision will prove beneficial in providing more employment opportunities to the youth of Bihar and making them self-reliant. The formation of the Youth Commission is important and historic in the direction of making the youth of Bihar self-reliant and capable of moving forward towards development and progress, the minister said. ...Read More >
NEW DELHI: In a major push to position India as a global hub for traditional medicine and holistic wellness, the Government of India has launched 'Ayush Nivesh Saarthi', a dedicated investor facilitation portal for the Ayush sector. The digital platform was unveiled on May 29, 2025, during the Ayush Stakeholder and Industry Interaction Meet at Vanijya Bhawan, New Delhi. The portal was jointly launched by Commerce & Industry Minister Piyush Goyal and Ayush Minister Prataprao Jadhav, in the presence of senior government officials and global industry leaders including Ayush Secretary Vaidya Raje ...Read More >
New Delhi [India], June 28 (ANI): Congress MP Gaurav Gogoi on Saturday wrote a letter to Prime Minister Narendra Modi calling for his "attention" over the alleged irregularities in the implementation of the 'Assistance to Entrepreneur for Establishment of Commercial Dairy Farming (2022-23)' scheme in Assam, alleging that the ministers in the state cabinet were benefiting from it at the expense of genuine dairy farmers, thereby undermining the principles of "fairness and transparency". In his letter, the Congress MP alleged the inclusion of family members and associates of state ministers and ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
New Delhi, July 11 (SocialNews.XYZ) In a major decision to speed up Delhi's infrastructure management, the Public Works Department (PWD) is set to establish its own engineering cadre, an official said on Friday The proposal for cadre formation has been finalised and will be placed before the Delhi Cabinet in the coming days. "This marks the biggest administrative reform in the department's history, ending decades of dependence on borrowed officers from CPWD (Central Public Works Department)," said an official. Until now, PWD relied upon engineers, executive engineers (EEs), superintending e ...Read More >
Srinagar, July 12 : Lieutenant Governor Manoj Sinha today said that the women-led development in Jammu and Kashmir is key to eradicating terrorism and ushering in lasting peace and prosperity. CLICK HERE TO WATCH VIDEO Addressing the valedictory function of women vocational training course at Army Goodwill School Balapur here in Shopian, the LG said, "Under PM Modi's guidance women's empowerment has been transformed into a mass movement in Jammu and Kashmir. The social and economic upliftment of women has been our top priority. I strongly believe that women-led development will lead us to ov ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
Thiruvananthapuram (Kerala) [India], July 4 (ANI): A group of Indian Union Muslim League (IUML) youth wing workers staged a protest march outside the official residence of Kerala Health Minister Veena George in Thiruvananthapuram on Friday, demanding her resignation over the collapse of a building block at the Government Medical College Hospital in Kottayam. The incident claimed the life of one person, while two others were injured. Visuals from the scene showed IUML workers trying to breach police barricades, prompting the police to use water cannons to disperse them. Earlier in the day, B ...Read More >
New Delhi, Jul 5 (PTI) The new Research Development and Innovation (RDI) scheme with a corpus of Rs 1 lakh crore will help the industry and startups access funds to undertake research in key technology sectors, such as quantum computing, robotics, and artificial intelligence, a government official said. The scheme, approved by the Union Cabinet on July 1, will help boost domestic manufacturing of high-end goods and services and create jobs in the country. It will also support the acquisition of critical technologies and facilitate the establishment of a deep-tech fund of funds. The announcem ...Read More >
Chennai: Preliminary investigations attribute the fire on the goods train near Tiruvallur to a possible spark from overhead electrical equipment (OHE) igniting fuel leaking from a derailed wagon.The incident paralysed services on the busy Chennai-Arakkonam route and left nearby residents engulfed in thick black smoke. The disruption left thousands of rail passengers stranded, many of whom were unable to get updates as railway helplines went unanswered for hours. The train carrying diesel from Chennai Harbour to Walajah Road Siding was exiting Tiruvallur station around 5.30am on Sunday, when a ...Read More >
Patna: In a major decision ahead of the Bihar Assembly elections, the Chief Minister Nitish Kumar-led Cabinet has approved the government's plan to provide one crore jobs and employment opportunities to the youth of the state over the next five years. The decision was taken during the Cabinet meeting held on July 15 at the Cabinet Hall of the Chief Minister's Secretariat, chaired by CM Nitish Kumar, where ministers from all departments were present. A total of 30 important proposals related to various departments were approved during the meeting. The approval of the Labour Resources Departm ...Read More >
Digvijaya Singh, a senior Congress leader, has threatened legal action by the INDIA bloc if the Election Commission of India (ECI) doesn't address their concerns regarding the Special Intensive Revision (SIR) of electoral rolls in Bihar. Singh alleges the NDA government is attempting to disenfranchise marginalized voters ahead of the state elections through this drive.Senior Congress leader Digvijaya Singh on Sunday said all constituents of INDIA bloc may knock the door of judiciary against the o ...Read More >
New Delhi, Jul 5 (PTI) The new Research Development and Innovation (RDI) scheme with a corpus of Rs 1 lakh crore will help the industry and startups access funds to undertake research in key technology sectors, such as quantum computing, robotics, and artificial intelligence, a government official said. The scheme, approved by the Union Cabinet on July 1, will help boost domestic manufacturing of high-end goods and services and create jobs in the country. It will also support the acquisition of critical technologies and facilitate the establishment of a deep-tech fund of funds. Also Read | K ...Read More >
Patna: CM Nitish Kumar on Friday disbursed the first instalment of the enhanced social security pension - Rs 1,100 per month - directly to the bank accounts of over 1.11 crore beneficiaries across the state, including senior citizens, widows and people with disabilities.A total of more than Rs 1,227 crore was transferred under six different pension schemes during a function held at the chief minister's official residence here.The increase in pension - from Rs 400 to Rs 1,100 per beneficiary - had been approved by the state cabinet on June 24.Bandana Preyashi, secretary of the social welfare de ...Read More >