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.
Dehradun (Uttarakhand) [India], September 28 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami, during a media interaction at the BJP state office on the "Self-Reliant India -- Swadeshi Pledge: Every Home Swadeshi, Every Household Swadeshi" program, spoke about the significance of swadeshi. According to a CMO, CM Dhami emphasised that swadeshi is not just a slogan, but the foundation of a self-reliant and developed India. It is a way of life rooted in our ancient, eternal culture. As per the release, CM Dhami stated that the campaign will strengthen the commitment made by Prime Minister Narendra Modi to achieve a self-reliant India by 2047. The pledge of swadeshi also reflects respect for our farmers, artisans, small traders, and entrepreneurs. Swadeshi is not merely a means for economic strength; it is a symbol of love and dedication to our motherland. By embracing swadeshi, we connect not only to our land but also strengthen our economy. The Chief Minister highlighted the historical significance of the Swadeshi movement in energising the freedom struggle. Leaders like Lokmanya Tilak, Mahatma Gandhi, and Maharshi Aurobindo demonstrated that swadeshi was the foundation of nation-building. Post-independence, figures such as Dattopant Thengadi and Pandit Deendayal Upadhyaya carried forward an economy based on swadeshi principles. He further mentioned that on August 15, Prime Minister Narendra Modi addressed the nation from the Red Fort, announcing a revision in GST rates that came into effect from Navratri on September 22. This move has benefited both traders and the common people. The Chief Minister stated that he has personally interacted with traders and consumers across various locations to understand the benefits, and the response has been overwhelmingly positive. He noted that Prime Minister Modi has championed self-reliance through initiatives such as "Vocal for Local" and "Make in India." CM Dhami stated that today, swadeshi extends beyond khadi and traditional lamps. It encompasses modern technologies such as the BrahMos missile, Tejas aircraft, semiconductors, Digital India, and UPI. Its impact was evident in Operation Sindhur, which targeted terrorist infrastructure in Pakistan. The COVID-19 crisis further showcased India's indigenous capabilities, with PPE kits and vaccines now being produced domestically rather than imported. He highlighted initiatives in Uttarakhand, such as the establishment of the umbrella brand "House of Himalayas" to market local products, which maintains high quality despite limited resources. The "One District, One Product" scheme is also supporting grassroots efforts. Farmers and cultivators are playing a vital role in the journey toward a self-reliant India by producing honey, mandua, jhangora, ragi, spices, and medicinal plants. The Chief Minister emphasised the promotion of self-employment and small industries in rural areas, as well as encouraging youth to adopt swadeshi entrepreneurship through startups and digital platforms. Under the "Every Home Swadeshi" campaign, awareness will be generated throughout Uttarakhand. He urged the people of Uttarakhand and all citizens of India to prioritise swadeshi products during Navratri, Dussehra, Diwali, and weddings when purchasing everyday items. CM Dhami concluded by stating that to realise the vision of a self-reliant and developed India, we must adopt swadeshi and ensure that most of the products we use are locally made. These collective efforts will guide us toward achieving a self-reliant India. He added that the time has come for everyone to wholeheartedly embrace and internalise Prime Minister Narendra Modi's mantra of "Make in India, Make for the World." (ANI)
IMPHAL, Nov 17: The NPP on Sunday withdrew support from the BJP-led Government in Manipur, even as violence continued to rock the state as offices of the Congress and the saffron party were ransacked in the hill district of Jiribam where an unidentified body was found earlier in the day, officials said. Follow the Daily Excelsior channel on WhatsApp A BJP MLA's ancestral house was vandalised in Imphal Valley while a building owned by Ashab Uddin, the Independent legislator of Jiribam, was ransacked, officials said. The incidents occurred a day after irate mobs set fire to the residences of ...Read More >
Pune (Maharashtra) [India], November 19 (ANI): With the Maharashtra elections approaching, wrestler and Congress MLA from Haryana's Julana, Vinesh Phogat, held a roadshow in Pune to support Congress candidate Datta Bahirat from the Shivajinagar Assembly constituency. She urged voters to ensure a victory for the Maha Vikas Aghadi (MVA), criticising the Mahayuti government for "injustice" by toppling the government elected by the people. "Everything is going well... If people shower their blessings on us on the 20th, we will win with a bigger margin this time. I appeal to voters to respond to ...Read More >
New Delhi [India], December 2: The IVCA GreenReturns Summit 2024 commenced today in New Delhi, convening over 400 visionaries, investors, policymakers, and entrepreneurs to chart a transformative path for India's green economy. The Summit is dedicated to aligning India's climate goals with its trillion-dollar economic aspirations for a 'Viksit Bharat,' spotlighting high-impact investment opportunities, addressing funding gaps, and driving actionable solutions for net-zero and climate adaptation. Also Read | Mamata Banerjee Says West Bengal Yet To Get INR 14,000 Crore From Centre for Supply of ...Read More >
Assam's 75th Constitution Day highlighted the importance of the Indian Constitution, with CM Himanta Biswa Sarma commemorating the contributions of freedom fighters and Dr. BR Ambedkar. The event, held in Guwahati, underscored the Constitution's reflection of India's cultural heritage and its role in ensuring equality, freedom, and justice for all citizens. Assam Chief Minister Himanta Biswa Sarma participated in the 75th Constitution Day celebrations in Guwahati, emphasizing the significance of the Indian Constitution. This annual observation, assigned by Prime Minister Narendra Modi in 2015 ...Read More >
Story so far: India celebrated its 75th year of adoption of its Constitution on Tuesday (November 26, 2024) with President Droupadi Murmu addressing a joint session of parliament. While the Constitution of India hits its diamond jubilee this year, event commemorating is as 'Constitution Day' was started only in 2015. Prior to this, it was called 'National Law Day' -- first initiated by former Supreme Court Bar Association (SCBA) president Laxmi Mall Singhvi in 1979. "The Indian Constitution is a live, progressive document," said Ms. Murmu adding, "I urge all citizens to imbibe the constitutio ...Read More >
Congress MP Ranjeet Ranjan has called for the replacement of Electronic Voting Machines (EVMs) with ballot papers, citing concerns over the legitimacy of election results. Ranjan raised doubts about the EVM's accuracy, suggesting that the results may be influenced and advocating for a ballot paper system like many other countries. Congress President Mallikarjun Kharge also echoed similar sentiments, accusing EVMs of wasting votes from marginalized communities. This comes after the Congress' defeat in the Maharashtra Assembly election. The Supreme Court, however, dismissed a petition seeking th ...Read More >
Hit by economic slowdown and poor infrastructure, industrialists from Jharkhand's key industrial districts -- East Singhbhum, West Singhbhum, and Seraikela-Kharsawan -- are looking to the newly formed state government for revival and support. The industrial zones of Adityapur, Gamharia, Kandra, and Chandil have been grappling with inadequate infrastructure, including poorly maintained roads, lack of bridges, erratic water supply, and unreliable power. Entrepreneurs in these regions hope the new administration will address these issues and work toward improving the state's industrial ecosystem ...Read More >
In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...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 >
New Delhi [India], November 18 (ANI): Bharatiya Janata Party leader and in-charge of the party's National IT Department, Amit Malviya, on Monday, criticised the Congress party's 'hypocrisy' over their stance on the Adani Group, pointing to past investments and agreements made with the corporate conglomerate by Congress-ruled states. Taking to social media platform X, Malviya referenced Telangana Chief Minister Revanth Reddy's recent "public admission of accepting money" from the Adani Group on November 10, 2024, pointing out that this acknowledgment contradicted Congress leader Rahul Gandhi's ...Read More >
Hyderabad (Telangana) [India] November 18 (ANI): Bharatiya Janata Party MP K Laxman slammed Telangana Chief Minister Revanth Reddy, accusing the Congress party of 'misleading' people. He further said that the people of Maharashtra know "how to teach a lesson" to Congress. "Revanth Reddy as a CM of Telangana and as a Congress leader is misleading the public. Maharashtra people are clever enough they know how to teach a lesson to these Congress people and Revanth Reddy you will come to know what has happened in Haryana that is going to be repeated in Maharashtra, and Jharkhand also," K Laxman ...Read More >
The Maha Vikas Aghadi (MVA) coalition is now gearing up for a national protest after losing Maharashtra state elections. The Maha Vikas Aghadi (MVA) coalition, which suffered a crushing defeat in last week's Maharashtra state elections, is now gearing up for a national protest against the credibility of Electronic Voting Machines (EVMs), which it blames for its loss. The MVA, led by the Congress, Shiv Sena (Uddhav Thackeray faction), and the Nationalist Congress Party (NCP) (led by Sharad Pawar), is planning to challenge the use of EVMs in court and demand a return to ballot paper voting. Fo ...Read More >
Guwahati: A group of intellectuals and prominent citizens met the officials of the Bangladesh Assistant High Commission in Agartala and demanded the immediate release of Hindu priest Chinmoy Krishna Das Brahmachari in Bangladesh. Various other organisations also organised protest rallies and demonstrations against the arrest of Hindu priest Chinmoy Krishna Das Brahmachari. The intellectuals under the banner of 'Forum for Protection of Minorities in Bangladesh' urged the Bangladesh caretaker government led by Chief Adviser Muhammad Yunus to make all efforts to protect the minorities in Bangla ...Read More >
The family of a 25-year-old Air India pilot, who died by suicide at her Mumbai home, alleged that her boyfriend used to humiliate her and extort money from her. Aditya Pandit, 27, was arrested on Wednesday on charges of abetment to suicide. Srishti Tuli was found dead at her rented accommodation in Mumbai's Marol after an argument with her boyfriend over the phone. She allegedly used a data cable to hang herself. ALSO READ: 'Can't Be Divided Or Silenced': Hemant Soren's Dig At BJP Before Taking Oath As Jharkhand CM Pandit told police that he rushed to Tuli's flat, which was locked from the ...Read More >
New Delhi [India], November 28 (ANI): India has expressed its concern over the escalating incidents of violence against Hindu minorities in Bangladesh and desecration, and damage to their places of worship, and has also called on the interim government there to ensure the safety of minorities. In a response to question asked by RJD MP AD Singh, Minister of State for Ministry of External Affairs, Kirit Vardhan Singh in a written reply to Rajya Sabha, stated that the "primary responsibility" for the protection of life and liberty of all citizens of Bangladesh, including minorities, "rests with ...Read More >
Sources said during the crucial Mahayuti leaders' meeting in New Delhi on Thursday night, Maharashtra's caretaker Chief Minister Eknath Shinde sought 12 ministerial berths for his party It's been six days since the Maharashtra assembly election results were declared and the Mahayuti alliance emerged victorious, but suspense over the new head of the state and fresh cabinet minister is not over yet. Sources have said that the key alliance leaders will finalise a list and fly to Delhi on Monday to meet with the BJP top brass before making an announcement. Sources said during the crucial Mahayut ...Read More >
Chief Minister Mohan Yadav has expressed his gratitude to Prime Minister Modi and the Union Cabinet for approving 3 multitracking projects of the Railway Ministry worth Rs 7 thousand 927 crore. Chief Minister Yadav said that the state is making rapid progress under the able leadership of Prime Minister Modi, due to the increasing network of railways in the state, and transportation for the people of the state has also become fast and easier. The people of the state are grateful to Prime Minister Narendra Modi and Railway Minister Ashwini Vaishnaw for the continuous new developments and contri ...Read More >
BJP leaders, including Amit Malviya, CR Kesavan, and Pradeep Bhandari, accused Congress leader Rahul Gandhi of arrogance after he allegedly failed to greet President Droupadi Murmu, a tribal woman, during her speech on Constitution Day. Malviya claimed that Gandhi's refusal to acknowledge the President stemmed from her tribal background, while Kesavan and Bhandari pointed to Gandhi's "dynastic entitlement" and anti-tribal sentiments. The President, addressing Parliament, highlighted the significance of India's Constitution and lauded the government's efforts in social justice and inclusive dev ...Read More >
Chief Minister Mohan Yadav, campaigning to invite global investors to the Global Investors Summit to be held in Bhopal in February 2025, addressed an interactive session with industrialists during a roadshow in London, UK, on Tuesday. Yadav praised the dynamic leadership of Prime Minister Narendra Modi for the rapid industrial development seen across India. Inviting the industrialists to invest in Madhya Pradesh, he highlighted that the state possesses one of the largest land banks in the country. Madhya Pradesh has transparent and investor-friendly policies and is a leader in the mining and ...Read More >
Shinde accepts BJP's decision, likely to receive key ministries Shinde has agreed to BJP's decision to make a Chief Minister from its ranks. He is expected to be given important portfolios like Urban Development, Public Works Department, and Water Resources. Sources also say that two Deputy Chief Ministers will be appointed, one each from Shiv Sena and NCP. Pawar has told his party leaders that the swearing-in ceremony could take place this weekend. Despite initial resistance, Shinde announced his party's support for Prime Minister Narendra Modi and Home Minister Amit Shah's decision on the ...Read More >
Srinagar (Jammu and Kashmir) [India], December 2 (ANI): Jammu and Kashmir National Conference (JKNC) President Farooq Abdullah claimed that Muslims are feeling unsafe and stated that there is no discrimination based on religion, as guaranteed by the Constitution. The former Chief Minister of Jammu and Kashmir also said that the government should treat Muslims without any discrimination. "...There is no doubt that Muslims are feeling unsafe. I will ask the govt of India to stop that. 24 crore Muslims cannot be thrown into the ocean. They (the govt) should treat Muslims equally, there is no di ...Read More >
Campaigning for the November 20 assembly bypolls to four seats in Punjab ended on Monday evening with the ruling Aam Aadmi Party (AAP), Opposition Congress and the Bharatiya Janata Party making last-ditch efforts to mobilise support for their respective candidates. Hours before the campaign ended at 6 pm, major political outfits intensified their efforts to woo the voters. Bypolls to four assembly segments -- Gidderbaha, Dera Baba Nanak, Chabbewal (SC) and Barnala -- will be held on November 20 from 7 am to 6 pm, and the results will be out on November 23. The bypolls were necessitated afte ...Read More >
A crucial meeting of Manipur's National Democratic Alliance, chaired by Chief Minister N Biren Singh, saw significant absences, with only 27 out of 45 MLAs attending. The meeting, convened amidst rising ethnic violence, resulted in a seven-point resolution demanding immediate action on issues like the reimposition of AFSPA and mass operations against Kuki militants. Tensions within the ruling coalition were evident, as several lawmakers, including a cabinet minister, skipped the meeting without explanation. The resolution included a threat of political consequences if decisions were not implem ...Read More >
Also Read: Indian Constitution at 75: Defending ideals amidst erosion "Today, we recall the tremendous contribution of the Constituent Assembly and its prolific members. We are forever indebted to their vision and wisdom," he said. Kharge said Pandit Jawaharlal Nehru, Babasaheb Dr BR Ambedkar, Sardar Vallabhbhai Patel, Maulana Abul Kalam Azad, Dr Rajendra Prasad, KM Munshi, Sarojini Naidu, Alladi Krishnaswamy Ayyar, Rajkumari Amrit Kaur and several eminent personalities were not just revered national icons but inspiring personalities who became the torchbearers of hope for generations togeth ...Read More >
Defying pollsters, exit polls, and predictions, the BJP scored a hat trick in Haryana, albeit with a narrow lead in the recent Assembly election. It formed a government on its own sans any ally, and Chief Minister Nayab Singh Saini assumed office for a second consecutive term with relative ease. But the euphoria did not last long. In the first Assembly session convened after the new government took over, the opposition, led by the Congress and the electorally diminished Indian National Lok Dal, attacked the government on the issue of fertilizer shortages in the sowing season. The government d ...Read More >
Ranchi: Tribal icon Birsa Munda's great-grandson Mangal Munda, who was undergoing treatment at a hospital here after being injured in a road accident, died of "cardiovascular failure" on Friday, an official of the health facility said. He was 45. Mangal Munda breathed his last at 12.30 am at the state's apex health facility - Rajendra Institute of Medical Sciences. Munda sustained severe head injuries after he fell from the roof of a passenger vehicle in Jharkhand's Khunti district on November 25. "Birsa Munda's kin Mangal Munda died of cardiovascular failure around 12.30 am. He was on a v ...Read More >
Entrepreneur and managing director of Homestays and villas and Mangalya destination weddings, Siddharth Bakaria, was the latest victim of the horror show that the city has turned into. Delhi's air and its declining quality have unfortunately become the hallmark of the general discourse of the country towards the end of the year and almost all throughout Winter. Lungs are Burning To no one's surprise, the Winter of 2024 is no different, with the landlocked capital city breaking the most undesirable records, very early on in the season. According to reports, Delhi and its neighbouring region ...Read More >
Union Minister Nitin Gadkari described politics as a "sea of unsatisfied souls," where individuals are often unhappy and aspire to higher positions than their current roles. Speaking at the launch of the book 50 Golden Rules of Life in Nagpur on Sunday, Gadkari reflected on the challenges inherent in various aspects of life. He remarked, "Life is a game of compromises, compulsions, limitations, and contradictions," emphasising the universality of struggles across family, social, political, and corporate spheres. The senior BJP leader stressed the importance of mastering the "art of living" to ...Read More >
The Palakkad bypoll has turned into a fierce triangular contest with key defections adding to the excitement. Kerala CM Pinarayi Vijayan campaigned for former Congress leader P Sarin, now contesting as an Independent for the LDF, while BJP’s C Krishnakumar faces a tough challenge. Sarin, a former Congress digital strategist, switched parties after being snubbed for the Congress ticket. Meanwhile, BJP leader Sandeep Varier defected to Congress, further intensifying the race. With the election crucial for UDF, NDA, and LDF's momentum heading into the 2026 Kerala assembly elections, all eyes are ...Read More >
New Delhi [India], November 19 (ANI): Special measures, including the use of water sprinklers, have been implemented at the Delhi Zoo to combat air pollution and ensure that wild animals are not adversely affected. The Director of the National Zoological Park, Dr. Sanjeet Kumar, on Monday, highlighted the challenges faced by zoo management during winter. Speaking to ANI, Dr. Kumar said, "As soon as the winter season begins, the zoo management faces two challenges. First, the pollution levels rise after Diwali, and second, the onset of winter... The area around the zoo is very green, and loca ...Read More >