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.
Kochi, Sep 29 (SocialNews.XYZ) India is set to launch an onboard electronic observer (e-observer) system to remotely monitor and record marine fish catches, Union Fisheries Secretary Abhilaksh Likhi announced on Monday. The initiative, being developed by the Fishery Survey of India (FSI) under the Fisheries Ministry, aims to provide accurate, science-based data for stock assessment and sustainable fisheries management. Addressing the inauguration of a five-day global workshop on species identification organised by the Indian Ocean Tuna Commission (IOTC) and the FSI in Kochi, Likhi emphasised that "science-backed, credible data is India's strongest defence against non-tariff barriers and allegations". He noted that such data not only supports conservation but also safeguards India's access to international seafood markets, ensuring a level playing field for exporters and protecting fishers' livelihoods. The Secretary highlighted that nearly 36,000 fishing vessels have already been fitted with transponders under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), enabling real-time monitoring of fishing activities. He underlined India's commitment to regional and international cooperation, particularly in managing highly migratory species such as tuna, tuna-like fishes, and pelagic sharks. "India will continue to take steps for long-term sustainability of its fisheries while protecting millions dependent on the sector," he said. The workshop also spotlighted challenges faced by developing nations in global fisheries governance. Central Marine Fisheries Research Institute (CMFRI) Director, Dr Grinson George, called for a revision of the global tuna quota allocation system, arguing that the current mechanism is biased against countries like India. He further stressed the need for strengthening cold chain infrastructure to boost tuna exports by preserving quality and reducing post-harvest losses. Representing the IOTC Secretariat, Lauren Nelson said the workshop would focus on building robust species identification and data collection frameworks to ensure reliable stock assessments for tuna and allied species. Experts and officials from 12 countries, including Japan, France, Thailand, Indonesia, Malaysia, and South Africa, along with 18 Indian officials from various coastal states, are attending the event. Senior officials from the FSI, the Centre for Marine Living Resources and Ecology (CMLRE), and other institutions also addressed the gathering.
New Delhi, June 7 (SocialNews.XYZ) Union Minister of Earth Sciences (Independent Charge) Jitendra Singh on Saturday left for France to lead a high-level Indian delegation at the International Meet on Oceans. The event will be held at the French city of Nice, as part of the United Nations Ocean Conference (UNOC3) from June 8 to 13. "Looking forward to representing India at the French picturesque coastal city of Nice, in the United Nations Ocean Conference," Singh shared in a post on X. At the general debate at UNOC3, Singh will articulate India's stance on ocean policy, highlighting the coun ...Read More >
Chennai, Jun 29 (PTI) Tamil Nadu Chief Minister MK Stalin on Sunday conveyed to the Centre that 8 fishermen have been arrested by Sri Lanka and sought its intervention to ensure their safe return. Writing to External Affairs Minister S Jaishankar, Stalin said: "I wish to draw your urgent attention to a matter of grave concern affecting the livelihood and safety of Indian fishermen, particularly those from Tamil Nadu." The CM said it has been reported that the Sri Lankan authorities on June 29, 2025 apprehended 8 fishermen from Rameswaram and seized their mechanised fishing boat. Such inciden ...Read More >
Chennai, June 29 (UNI) Eight fishermen from Tamil Nadu were arrested by the Sri Lankan Navy while fishing in the high seas today, even as Chief Minister M K Stalin urged External Affairs Minister (EAM) Dr S Jaishankar to initiate proactive diplomatic steps to secure their release along with their boat. The eight fishermen, hailing from Rameswaram in Ramanathapuram district, were fishing in a mechanised boat near Katchatheevu, when they were arrested by the Sri Lankan Navy personnel. The Lankan Navy arrested them for fishing in their territorial waters after crossing the International Mariti ...Read More >
Bhubaneswar: Nature lovers have a fresh reason to visit Nandankanan Zoological Park in Odisha's Bhubaneswar, as the famed wildlife sanctuary welcomed seven baby yellow anacondas into its reptilian fold on Sunday -- a rare and exciting addition that underscores the zoo's growing reputation as a haven for exotic species. The tiny hatchlings were born to a breeding pair of yellow anacondas brought to Nandankanan from the Madras Crocodile Bank Trust in Chennai in October 2019. With these new arrivals, the zoo now proudly houses a thriving family of 14 yellow anacondas -- two adult males, two adul ...Read More >
India has pledged USD 20 billion towards infrastructure development, prioritizing multimodal logistics, port connectivity, and trade facilitation, according to Union Minister Sarbananda Sonowal. He emphasized India's growing maritime capabilities and called for greater partnerships in seafarer recruitment. Strategic corridors like IMEEC, EMC, and INSTC are strengthening maritime connectivity and supply chains.India has committed USD 20 billion for infrastructure development, with a focus on enhan ...Read More >
MUMBAI: A directive from the state prohibiting the sale of fish at Sassoon Docks, one of Mumbai's oldest and most active fish landing sites, has stirred the waters for the fishing community, especially Kolis at Colaba and Cuffe Parade. The ban on fish sales, recently imposed by the Maharashtra state fisheries department, is a first at the dock and, according to the Koli community, oversteps the annual ban on fishing during the monsoon from June 1 to July 31. While the community acknowledges the need to prohibit fishing during the monsoon months, as it protects marine biodiversity during the b ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
New Delhi: Prime Minister Narendra Modi on Monday called on Brics countries to work together in order to secure critical mineral supply chains and ensure that no one nation is able to dominate and weaponize these resources. His call at the 17th Brics Summit in Rio de Janeiro comes amid a Chinese chokehold on global rare earth supplies. Brics is a group of 11 countries that was set up by Brazil, Russia, India, China and South Africa. Modi said it was important to make critical mineral supply chains reliable and ensure that no one country uses these resources for its own selfish gains or as a ...Read More >
New Delhi, July 8: Prime Minister Narendra Modi at the Rio 2025 BRICS Summit highlighted India's approach towards key issues like climate change and health security as the country is set to chair BRICS next year, emphasising that under India's presidency, it will endeavour to present BRICS in a new form with a 'humanity-first' approach. After wrapping up a "very productive" visit to Rio de Janeiro where PM Modi attended the 17th BRICS Summit, the Prime Minister on Monday arrived in the Brazilian capital of Brasilia where he is expected to hold talks on India-Brazil relations with President Lu ...Read More >
New Delhi, Jul 9 (PTI) Bengaluru-based realty firm Sattva Group will invest Rs 1,500 crore to develop a 30-acre mixed-use project in Vizag, Andhra Pradesh as part of its expansion plan. Sattva Group, which is one of the leading real estate firms in South India, decided to develop this project following a detailed discussion on Tuesday with Nara Lokesh, Minister for Information Technology, Electronics and Communications, in the Andhra Pradesh government. In a statement on Wednesday, Sattva Group said it will develop a 30-acre mixed-use project, 'Sattva Vantage Vizag Campus'. "With a planned ...Read More >
Bhubaneswar (Odisha) [India], July 10 (ANI): The Department of Fisheries, Ministry of Fisheries, Animal Husbandry, and Dairying (MoFAH&D), celebrated National Fish Farmers' Day 2025 on Thursday at ICAR-Central Institute of Freshwater Aquaculture (CIFA) in Bhubaneswar. The event recognized the invaluable contributions of fishers, fish farmers, and fisher folk to the nation's burgeoning fisheries sector. Also Read | Physical Brawl at Congress Office in Ara: Chaos and Disruption Erupts As INC Workers Clash During Party Event in Bihar in Front of Senior Leaders (Watch Videos). Union Minister fo ...Read More >
New Delhi [India], July 12 (ANI): Assam Chief Minister Hemanta Biswa Sarma on Saturday, inaugurated India's first Aqua Tech Park in Sonapur, Assam, with an aim to boost fish production. Additionally, this will help in generating earning opportunities in the state of Assam. Also Read | Air India Plane Crash: AAIB Report Preliminary, We Can't Say Anything Definite at This Point, Says MoS Civil Aviation Murlidhar Mohol (Watch Video). "India's first Aqua Tech Park inaugurated in Sonapur, Assam. Dedicated the Aqua Tech Park,a first of its kind in India which will greatly boost fish production an ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Srinagar, June 7: Jammu and Kashmir Lieutenant Governor Manoj Sinha, on Saturday, congratulated the University of Kashmir for getting an A++ grade in the NAAC inspection. The Lt Governor extended his heartiest congratulations to the Vice Chancellor, faculty, staff, and students of the University of Kashmir for attaining the prestigious A++ Grade by the National Assessment and Accreditation Council (NAAC), and securing an outstanding Cumulative Grade Point Average (CGPA) of 3.68 on a seven-point scale. Calling it a proud moment for J&K UT, the Lt Governor said, "The A++ Grade places the Un ...Read More >
New Delhi [India], June 8 (ANI): Union Minister of Earth Sciences Dr Jitendra Singh, addressing the Monaco Marine Conference on Sunday, reiterated India's commitment to a resilient Blue Economy and pointed out that Prime Minister Narendra Modi had spoken about it twice in his two consecutive Independence Day addresses. In a symbolic show of global cooperation for ocean sustainability commemorating the 'World Ocean Day' today, Union Minister Dr Jitendra Singh and Norway's Minister of International Development, Asmund Grover Aukrust, jointly hosted a high-level event on Marine Spatial Planning ...Read More >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
VISAKHAPATNAM: In a first for any zoological park in Andhra Pradesh, the Indira Gandhi Zoological Park (IGZP) in Visakhapatnam has successfully hatched 27 bird chicks through artificial incubation, while seven others were hatched naturally. The chicks belong to five bird species, including Blue Gold Macaw, Lutino Parakeet, Peach-Faced Lovebird, Red Junglefowl, and Indian Peafowl. The zoo's veterinary team, including one senior veterinarian, one conservation biologist, and two paravets and animal keepers, carried out the work. Among the 34 chicks, three Lutino Parakeets and four Peach-Faced ...Read More >
Rameswaram (Tamil Nadu) [India], July 13 (ANI): Seven Indian fishermen were arrested by the Sri Lankan Navy on Sunday morning for allegedly fishing across the maritime border between the two countries, Rameswaram Fishermen Association said. As per the association, at around 5 am, the Sri Lankan Navy apprehended the crew of the fishing boat IND-TN-10-MM-746, belonging to V Isaac Paul of Rameswaram Thangachimadam, on the charges of crossing the international maritime boundary. The arrested fishermen, identified as P Tuthar (40) of Thangachimadam Raja Nagar, P Edison (51) of Thangachimadam Wala ...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 >
Colombo, June 29 (Daily Mirror) - The Sri Lanka Navy seized an Indian fishing boat and apprehended eight Indian fishermen while they were poaching in Sri Lankan waters north of Mannar, during a special search operation conducted early this morning. The North Central Naval Command spotted a group of Indian fishing boats engaging in illegal fishing, trespassing into Sri Lankan waters in the early hours of today and deployed its Inshore Patrol Craft to drive away the Indian fishing boats from island waters, north of Mannar, the Sri Lanka Navy said. The navy seized one Indian boat and apprehende ...Read More >
Mumbai, July 7 (PTI) After a 20-hour search operation involving multiple agencies, the "suspicious boat" spotted in the Arabian sea in Maharashtra's Raigad district has been identified as a fishing net buoy which was drifted into the Indian waters with an AIS transponder, police said on Monday. Considering the high alert situation, the sensitive operation has not been called off yet, said Raigad Superintendent of Police Aanchal Dalal. The Indian Coast Guard on Sunday night informed the police that the suspected Pakistani boat, "Muqadar Boya 99" with a boat number MMSI-463800411 was spotted n ...Read More >
Mumbai On High Alert: Unidentified Boat Spotted Near Raigad Coast; Security Protocols Increased (VIDEO) | Representatinal Image A high-alert security scare off the Raigad coast late on Saturday evening triggered a swift and extensive response from the Mumbai Crime Branch, Raigad Police, and multiple maritime security agencies. The suspected Pakistani boat, which was initially believed to pose a possible infiltration threat, was ultimately identified as a floating fishing net buoy commonly used by local fishermen.The suspected Pakistani boat, which was initially believed to pose a possible inf ...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 >
Vijayawada: Chief Minister N Chandrababu Naidu directed officials to transform the state into a zero-crime-rate state by leveraging technology. He emphasised that Andhra Pradesh should become a model state in law and order monitoring through effective use of technology. The Chief Minister conducted a review with officials on real-time governance at the Secretariat. He instructed that crime hotspots be continuously monitored through CCTV cameras to control criminal activities. He also directed officials to revise regulations to allow the use of footage from private CCTV cameras, stressing that ...Read More >
New Delhi, July 8 (SocialNews.XYZ) Prime Minister Narendra Modi at the Rio 2025 BRICS Summit highlighted India's approach towards key issues like climate change and health security as the country is set to chair BRICS next year, emphasising that under India's presidency, it will endeavour to present BRICS in a new form with a 'humanity-first' approach. After wrapping up a "very productive" visit to Rio de Janeiro where PM Modi attended the 17th BRICS Summit, the Prime Minister on Monday arrived in the Brazilian capital of Brasilia where he is expected to hold talks on India-Brazil relations w ...Read More >
Agartala: Tripura Finance Minister Pranajit Singha Roy has urged the 16th Finance Commission to consider a 20% allocation for forestry and ecology, stressing their critical role in maintaining the state's environmental balance and economic sustainability. He was addressing a high-level meeting in New Delhi focused on the developmental challenges of the Northeastern states. Ready for a challenge? Click here to take our quiz and show off your knowledge! Representing Tripura, Singha Roy called for robust financial backing to bridge infrastructure and development gaps, particularly in the Tripu ...Read More >
SAMBALPUR: Debrigarh wildlife sanctuary has reported a significant rise in the population of Indian Bison (gaur) with their number increasing to 788 from 659 in just six months. According to the latest census conducted by the Hirakud Wildlife division, the sanctuary is now home to 788 gaurs including 315 juveniles and 128 newborns, indicating the robust breeding and healthy herd dynamics of this Schedule I species. The census was carried out from May 11 to 13 through a three-day direct counting exercise involving 73 units and 147 personnel. It used 122 camera traps and 130 permanent inspecti ...Read More >
Jaisalmer, Jun 7 (PTI) To honour the armed forces following Operation Sindoor, a special tribute is taking shape in the border state of Rajasthan - rare Great Indian Bustard (GIB) chicks born under a conservation project in Jaisalmer have been named after key officers and significant milestones linked to the operation. Names like 'Sindoor', 'Atom', 'Mishri', 'Vyom', and 'Sophia' now resonate through the conservation centres at Sudasari and Sam, where science, strategy and national pride are working together to revive one of India's most endangered bird species. "By giving these chicks these ...Read More >
Kolkata, Jan 10 (PTI) Zoological Survey of India (ZSI) scientists identified a new pangolin species which diverged from the Chinese pangolin (Manis pentadactyla) around 3.4 million years ago, the organisation said in a statement on Friday. The ZSI said the discovery of the Indo-Burmese pangolin (Manis indo-burmanica) sheds light on the evolutionary diversity of pangolins, likely influenced by dramatic geo-climatic changes in the region, one of the world's biodiversity hotspots. The study, led by Mukesh Thakur of the ZSI, used cutting-edge genomic tools to analyse mitochondrial genomes. "Thi ...Read More >