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.
HYDERABAD: When Telangana was carved out as a state in 2014, there was an expectation that the new government would leverage the state's rich heritage, natural landscapes, vibrant craft traditions and cosmopolitan capital to build a strong tourism identity. Yet, more than a decade later, that promise remains only partially fulfilled. "Tourism in Telangana has largely unfolded in a haphazard manner, marked by piecemeal projects and scattered initiatives, lacking a comprehensive vision," said a senior official. The official added that one of the key reasons for this, has been the frequent change of officers in tourism-related departments. "The officers kept changing every few months. Each one came in with their own priorities, and the long-term vision never took root," said an official. Another factor, he pointed out, was the absence of a formal tourism policy. "For nearly 11 years after the formation of Telangana, there was no clear tourism policy. That has been a serious gap," the official added. Jayesh Ranjan, Special Chief Secretary (Tourism & Culture, Industries & Commerce, IT, told the TNIE, "The pandemic did not alter much either. Unlike some states that reinvented tourism post-Covid-19 with digital campaigns and new experiences, Telangana's efforts continued in the same low-key, uncoordinated way. But now, the government has decided that enough is enough." A comprehensive reset is on the cards, timed with World Tourism Day on September 27, when the state will formally unveil Tourism 2.0 -- an ambitious strategy to transform the state into a must-visit destination on India's tourism map, he added.
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 >
Srinagar- In a move aimed at reshaping public service delivery and enhancing governance, the Jammu & Kashmir administration is set to introduce Unique Family IDs for every household in the Union Territory. The initiative, discussed in detail during a high-level meeting chaired by Chief Secretary Atal Dulloo on Saturday, is designed to serve as a centralised, verifiable source of truth for all government departments. The meeting, held at the Civil Secretariat, brought together top officials including the Principal Secretary (Finance), MD of J&K Bank, Commissioner Secretaries of multiple depart ...Read More >
New Delhi [India], July 17 (ANI): Telangana Chief Minister A Revanth Reddy has requested Union Minister for IT and Railways Ashwini Vaishnaw to expedite the approval of semiconductor projects in the state, a release said on Thursday. The Chief Minister also appealed to the Union Minister to approve the proposed Advanced System in Package Technologies (ASIP) project and the Micro LED Display Fab Project, Crystal Matrix. As Telangana is already equipped with world-class infrastructure, a conducive environment for innovation, and state-of-the-art research and development centres, the Chief Minis ...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 >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...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 >
Kolkata: A BJP fact-finding team arrived in Kolkata on Monday and visited the law college where a first-year student was allegedly gang-raped last week. However, they ran into a volley of questions from Trinamool over BJP IT cell chief Amit Malviya's comments on the allegations against Kartik Maharaj.On Monday, Malviya hailed Kartik Maharaj as a "revered saint" and claimed the woman who had accused him of rape acted "entirely as instructed by 'Didi's' people, right from the top". "This wasn't about justice. It was a scripted political hit-job -- a disgraceful attack on a Hindu saint and an ins ...Read More >
Amritsar: BJP MP Nishikant Dubey from Jharkhand has claimed that Britain assisted India in executing the 1984 Operation Bluestar at the Golden Temple in Amritsar, stoking a new controversy.In a post on X on Monday, Dubey alleged that then PM Indira Gandhi "launched an attack on the Golden Temple in collaboration with Britain", with British Army officers present in Amritsar.He uploaded a classified British document, "Sikh Community", claiming that on Feb 23, 1984, the UK Foreign and Commonwealth Office mentioned in a letter that the Indian govt had sought British advice over a plan to remove Si ...Read More >
KOLKATA: Chief Minister Omar Abdullah on Thursday described Travel & Tourism Fair (TTF) Kolkata as a vital platform to explore avenues for collaboration between Jammu & Kashmir and West Bengal and promote mutual growth in the tourism sector. Inaugurating the Travel & Tourism Fair (TTF) Kolkata-2025, India's oldest and most trusted B2B travel trade show, at Biswa Bangla Mela Prangan, Kolkata, the Chief Minister emphasized that the fair would encourage all stakeholders to contribute meaningfully towards strengthening the cultural and economic ties between the two regions The inaugural ceremony ...Read More >
Chennai: Chief minister M K Stalin has set a target of enrolling 2.5 crore members in DMK and has instructed party district secretaries to step up membership drive under 'Oraniyil Tamil Nadu' campaign.In a virtual meeting with DMK district secretaries on Thursday, Stalin said they only had 30 more days to achieve the target. He had earlier set a target of enrolling at least 30% voters in every polling booth. Now, after the positive response for the 'Oraniyil Tamil Nadu' campaign, Stalin has revis ...Read More >
Vijayawada: Chief Minister Nara Chandrababu Naidu on Friday unveiled an ambitious vision to position Andhra Pradesh as a global destination of tourism, emphasising its role as an engine for economic growth, employment generation, and cultural promotion. Addressing industry leaders, policymakers, and stakeholders at a tourism conclave here, the Chief Minister said his goal is to make Andhra Pradesh a wealthy, healthy, and happy state. "Andhra Pradesh will be the future destination for wellness and happiness. My goal is a wealthy, healthy, happy Andhra Pradesh - that is the goal I have set," h ...Read More >
SRINAGAR, July 2: Union Minister for Fisheries, Animal Husbandry & Dairying, Rajiv Ranjan Singh and Chief Minister Omar Abdullah today jointly chaired a high-level review meeting of the Animal Husbandry and Fisheries sectors of Jammu & Kashmir. The meeting was attended by Minister for Agriculture Production & Panchayati Raj Javid Ahmad Dar, Advisor to the Chief Minister Nasir Aslam Wani, Secretary GoI Alka Upadhyay, Additional Chief Secretary Dheeraj Gupta, Additional Secretary (CDD/IT) and other senior officers from the Ministry of Fisheries, Animal Husbandry & Dairying. Principal Secretary ...Read More >
Panaji: Goa govt has constituted a council for artificial intelligence (AI) to advise state govt on a six-month AI roadmap for the state. The council, which includes chief executive officers of several international companies, will be formed over the next six months.Goa's AI roadmap will focus on skill development, funding requirements, govt policy and infrastructure requirements, and finally, a plan to attract other AI-first startups to Goa. "We want to introduce AI at the school level. The focus is to see how AI can be used for tourism, governance, and cyber security," said chief minister Pr ...Read More >
Chennai, Jul 15 (PTI) The ManipalCigna Health Insurance Company Ltd has planned to expand its footprint in Tamil Nadu with 10 more branches and add over 10,000 advisors across South India. ManipalCigna Health Insurance Company Ltd is a joint venture between Manipal Group, an eminent player in healthcare delivery and higher education and global health services company Cigna Healthcare. Also Read | Aadhaar Free Update: Government Requests Parents to Update Children's Aadhaar Biometrics Between Age 5-7, Free of Cost. Citing a data from the General Insurance Council (GIC), ManipalCigna said it ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped inside a residential building that caught fire, the DCP said. With the help of police personnel and fir ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
Lucknow, Jul 9 (PTI) Six states, including Punjab and Karnataka, sent teams to study the Uttar Pradesh's excise policy, which helped the state increase revenue every year, a state minister said on Wednesday. Speaking with PTI, Uttar Pradesh Excise and Prohibition Minister Nitin Agrawal said that teams from six states of Odisha, Madhya Pradesh, Andhra Pradesh, Karnataka, Maharashtra and Punjab visited the state to study the excise policy. Asked about the policy features that were liked by the states, the minister said that the states came to study the UP's revenue model which increased the st ...Read More >
Ranchi: Chief minister Hemant Soren on Thursday stressed that GOI's support is crucial for a state like Jharkhand to progress on all around development reiterating his govt's demand for pending dues and special assistances. Speaking at the 27th meeting of the Eastern Zonal Council in Ranchi, which was chaired by Union home minister Amit Shah, Soren presented a total of 31 demands across various sectors for Centre's due consideration stating that it will help them further the ongoing developmental and welfare measures in the state. Among the major demand, he has urged for pending Rs 1.40 lakh c ...Read More >
VIJAYAWADA: Chief Minister Nara Chandrababu Naidu has unveiled an ambitious vision to position Andhra Pradesh as a global leader in tourism. Addressing a gathering of industry leaders, policymakers and stakeholders at the Andhra Pradesh Tourism Conclave here Vijayawada on Friday, Naidu termed tourism as the engine of future growth. He cited its central role in economic transformation, employment generation and cultural integration. The special guest at the event was Yogrishi Baba Ramdev. Naidu appreciated the efforts of the global forum for sustainable transformation particularly in tourism ...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 >
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 >
Bengaluru: Exploring scientific solutions to reduce human-elephant conflict across Karnataka, the forest department Tuesday signed a memorandum of understanding (MoU) with the Indian Institute of Science (IISc) for landscape-level conservation of Asian elephants. Renowned ecologist and elephant expert from IISc, Prof Raman Sukumar, and Karnataka chief wildlife warden Prabhash Chandra Ray signed the commencement of the Rs 4.7-crore project, fully funded by the forest department.Admitting an increa ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...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 >
Chandigarh: Punjab chief ministerBhagwant Mann on Thursday said the government will table a bill in the assembly on Friday to introduce harsher punishment for religious sacrilege. However, the law will not be enacted immediately, as the government plans to hold consultations with stakeholders before finalising the legislation.Mann said the decision was taken in a meeting of the cabinet earlier in the day. After the legislation is tabled, Punjab govt will gather suggestions on the law from stakeholders, including religious organisations and people, he added.Sources said said the new legislation ...Read More >
New Delhi [India], July 17 (ANI): Telangana Chief Minister A Revanth Reddy has requested Union Minister for IT and Railways Ashwini Vaishnaw to expedite the approval of semiconductor projects in the state, a release said on Thursday. The Chief Minister also appealed to the Union Minister to approve the proposed Advanced System in Package Technologies (ASIP) project and the Micro LED Display Fab Project, Crystal Matrix. As Telangana is already equipped with world-class infrastructure, a conducive environment for innovation, and state-of-the-art research and development centres, the Chief Minis ...Read More >
New Delhi [India], December 15 (ANI): Ministry of Development of North Eastern Region is set to host the Northeast Trade and Investment Roadshow in Mumbai on Monday. The event will be addressed by Jyotiraditya M. Scindia, Union Minister for MDoNER, along with Tripura Chief Minister Manik Saha, Maeghalya Chief Minister Conrad Sangma. Chanchal Kumar, Secretary, MDoNER, and Monalisa Dash, Joint Secretary, MDoNER, will also attend, alongwith senior representatives from various northeast states. The Roadshow will feature B2G meetings, offering a unique opportunity for potential investors to inte ...Read More >
West Bengal [India], February 5 (ANI): At the 8th edition of the Bengal Global Business Summit 2025, Bhutanese Minister Younten Phuntsho emphasised the importance of the summit as a platform for strengthening the collaboration between India and Bhutan. Addressing the audience, he said, "For Bhutan, this summit is an opportunity to further deepen our (India-Bhutan) collaboration and identify strategic areas where our shared aspirations align. There are several key areas where we can forge even stronger partnership - first is tourism, we invite investors to explore opportunities in wellness tou ...Read More >
New Delhi [India], June 6 (ANI): External Affairs Minister S Jaishankar, chairing the 4th India-Central Asia Dialogue in Delhi on Thursday, reaffirmed India's commitment to deepening its strategic partnership with Central Asian nations, with a special focus on connectivity, security, and technological collaboration. The session brought together top diplomats from Kazakhstan, Turkmenistan, Kyrgyzstan, Tajikistan, and Uzbekistan, reflecting a growing determination to address shared regional challenges and opportunities. Also Read | Elon Musk Warns Trump's Aggressive New Trade Tariffs Could Tri ...Read More >