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.
VIJAYAWADA: Union Minister of Commerce and Industry Piyush Goyal praised Andhra Pradesh Chief Minister N Chandrababu Naidu's progressive approach, commitment to technology-driven governance. Goyal described Naidu as an architect of reforms to bring significant change in the lives of people. Minister Goyal credited Naidu for pioneering initiatives like Hyderabad's Hi-Tech City, Amaravati's development, and new smart industrial cities in Andhra Pradesh. Addressing the CII's curtain-raiser program related to the 30th CII Partnership Summit at New Delhi on Tuesday, Goyal said, "When we have the 30th Partnership Summit along with CII in Visakhapatnam, I honestly didn't realise this is the 7th time Naidu will be hosting the CII Partnership Summit. That itself gives you an idea about his progressive nature." "It's because Naidu truly believes in high technology-driven administration and governance. He is a person who introduced a number of technology initiatives in government processes, who introduced the Hi-Tech City in Hyderabad way back in 1998, who is working to create one of the most modern, contemporary new capital city Amaravati," the Union Minister said. Goyal further said that AP is the only State where three new industrial plug-and-play smart cities are coming up.
Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...Read More >
The annual 'Kartheeka Brahmotsavams' began at the temple of Goddess Sri Padmavati Ammavaru at Tiruchanur here on November 28 (Thursday). Priests hoisted the 'Dhwajapatam', the sacred flag bearing the imprint of the divine elephant (the celestial carrier of Goddess Padmavati), atop the temple flag post as part of the 'Dhwajarohanam' ceremony, which signalled the formal launch of the nine-day fete. Under the guidance of the 'Pancharatra Agama' adviser Manikantha Swamy, the officiating priest (Kankana Bhattar), K. Srinivasacharyulu, and priest Babu Swamy conducted the rituals. Executive Office ...Read More >
Mumbai (Maharashtra) [India], December 4 (ANI): BJP leader Devendra Fadnavis, Shiv Sena chief Eknath Shinde and NCP chief Ajit Pawar on Wednesday met Governor CP Radhakrishnan to stake claim to form the Mahayuti government. BJP's Central Observers for the state, Union Minister Nirmala Sitharaman and Vijay Rupani were also present at the meet. Also Read | Stock Market Today: Indian Stock Market Ends in Green, All Eyes on RBI's MPC Decision on Repo Rate. Fadnavis is scheduled to take oath as the Chief Minister on December 5 after being unanimously chosen as Leader of Maharashtra BJP Legislati ...Read More >
Vijayawada: Chief Minister N Chandrababu Naidu on Thursday said that concerted efforts would be made to increase green cover in the state from current 30.05 per cent to 50 per cent by 2047 when India would celebrate its centenary year of Independence. Addressing the Vana Mahotsavam event on the World Environment Day at Ananthavaram village in Thullur mandal near here, the Chief Minister said: "Currently, Andhra Pradesh has 37,421 sq km of forest area, accounting for 23 per cent of the total area in the State. When we add greenery outside forests, the state's green cover stands at 30.05 per ce ...Read More >
Poranki (Krishna district): Minister for BC, EWS Welfare, Handlooms and Textiles S Savita emphasised that human survival is only possible with trees. She announced that as part of the Harithandhra Pradesh initiative, one crore saplings are being planted across the State, with a target to achieve 50 per cent green cover by 2047. The Minister stressed that everyone is responsible for protecting the planted saplings and warned of strict action against those who remove trees. Minister Savita planted saplings here and led locals in a pledge to commit to environmental protection and increasing gree ...Read More >
Berhampur (Odisha), Jun 6 (PTI) Environmental activist Medha Patkar on Saturday appealed to the people of Odisha for protection of Rushikulya river. The government planned to construct a dam in the river Pipalapnaka under Sorada block in the district. While participating in the Save Rushikulya river movement in Ganjam district, she said, "Rivers may be small or big, but they are our mother. We have to protect the rivers from attacks." She attended a meeting were organised by the Rushikulya Banchao Kriyaanusthan Committee (RBKC) and the Centre for Climate Justice, spearheading the agitation a ...Read More >
New Delhi: The Union Cabinet has approved the 'One Nation, One Election' bill, to revive a concept that was once the norm in India's electoral history. The proposal aims to streamline elections across the country by holding simultaneous polls for the Lok Sabha and State Assemblies. The idea of holding simultaneous elections is not new to India. In the early years after independence, elections for the Lok Sabha and State Assemblies were held together in 1951-52, 1957, 1962, and 1967. However, this practice was disrupted when several State Assemblies were dissolved prematurely in 1968 and 1969. ...Read More >
TNCC president K Selvaperunthagai described the passing of Elangovan as "a huge loss". Senior Congress leader and former Union Minister E V K S Elangovan died due to age-related ailments at a private hospital here on Saturday, the hospital said. He was 75. The legislator from Erode East constituency has not been keeping well for over a month. He was admitted to a hospital here on November 11. "He passed away today despite the best efforts of the medical staff," the hospital said. TNCC preside ...Read More >
New Delhi [India], May 19 (ANI): Union Agriculture Minister Shivraj Singh Chouhan on Monday said that his ministry's resolve is to increase the Kharif crop production while reducing the production cost. He added that the synergy between the agricultural research and the farmers will be increased. The Minister was speaking to reporters here after a meeting with the State agricultural ministers. "Today, I held a meeting with the Agriculture ministers of all the states...Agriculture is important for the country, whether it is a question of livelihood, employment, contribution to the economy or ...Read More >
Vijayawada (Andhra Pradesh) [India], May 22 (ANI): Former Andhra Pradesh Chief Minister and YSRCP president YS Jagan Mohan Reddy on Thursday launched a scathing attack on the current TDP-led government in the State, accusing Chief Minister Chandrababu Naidu of failing to deliver on pre-election promises and engaging in financial mismanagement. The former chief minister also took aim at what he called the "yellow media" for biased reporting in favour of the ruling party. "I am not only fighting against Chandrababu Naidu but also against the 'yellow media'," Reddy said in a press conference. ...Read More >
Katra/Jammu, Jun 5 (PTI) Union minister Jitendra Singh on Thursday lauded Prime Minister Narendra Modi for ensuring a speedy completion of the Udhampur-Srinagar-Baramulla Railway Link (USBRL) project after taking office in 2014 and said it marks the beginning of a historic journey in setting up the world's highest railway bridge in Jammu and Kashmir. On Friday, Prime Minister Narendra Modi is scheduled to inaugurate the world's highest railway bridge over the Chenab river and the Anji Khad bridge, India's first cable-stayed bridge, before flagging off Vande Bharat trains to mark the completio ...Read More >
New Delhi, Nov 26: The Supreme Court on Tuesday dismissed a public interest litigation (PIL) seeking directions to the Election Commission of India (ECI) to introduce ballot paper in place of EVMs (Electronic Voting Machines). A bench of Justices Vikram Nath and P.B. Varale rejected the prayer to return to the ballot system due to the alleged manipulability of EVMs. "When you lose, EVMs are tampered with; when you win, EVMs are fine," remarked the apex court, when the petitioner referred to the statements made by Andhra Pradesh Chief Minister Chandrababu Naidu and his predecessor Jagan Mohan ...Read More >
New Delhi, December 15: The 'One Nation, One Election' Bill, officially known as the Constitution (One Hundred and Twenty-Ninth Amendment) Bill, 2024, will not be tabled in the Lok Sabha on Monday. The Revised Business List of the Lower House for the day does not mention the Bill. The first list had scheduled the Bill for Monday. It mentioned, "... Arjun Ram Meghwal to move for leave to introduce a Bill further to amend the Constitution of India. Also to introduce the Bill." One Nation, One Election: Union Cabinet Approves Bills for Simultaneous Lok Sabha, State Assembly Elections, Say Source ...Read More >
Ranchi: On the occasion of World Environment Day on Thursday, chief minister Hemant Soren appealed to the people of Jharkhand to put a stop to plastic usage. He emphasised the urgent need for collective action from all quarters to promote a sustainable and environment-friendly approach.Addressing the public during environment day programme besides inaugurating the Siromtoli flyover, the CM said that rampant plastic usage was a pressing concern, and efforts were being made to put an end to it. He appealed for a shift towards alternative options to plastic."The time has come to change our habits ...Read More >
Andhra Pradesh government launched a massive greening campaign on World Environment Day, initiating "Vana Mahotsav" and an "End Plastic Pollution" drive. The goal is to increase the state's green cover from 29 to 50 percent by planting one crore saplings statewide. The initiative includes advanced monitoring and aims to achieve 37 percent green cover by 2029.The Andhra Pradesh government on Thursday launched a massive greening campaign to mark World Environment Day, aiming to increase the state's ...Read More >
Dehradun (Uttarakhand) [India], June 6 (ANI): Union Minister Shivraj Singh Chouhan on Friday attended a 'Kisan Chaupal' event at Pav Wala Soda village in the Raipur block of Dehradun, Uttarakhand. The programme was held as part of the 'Developed Agriculture Resolution' campaign aimed at strengthening the agricultural sector in the state. During the event, Chouhan interacted with local farmers and praised the success stories shared by them, especially in the areas of organic farming and coarse grain production. He also showed strong support for promoting Uttarakhand's organic produce at both n ...Read More >
New Delhi, December 5: Uttar Pradesh's Tourism and Culture Minister Jaiveer Singh expressed confidence that Mahakumbh 2025 will play a pivotal role in showcasing India's rich cultural heritage and Sanatan traditions globally. Speaking on the progress of preparations, he told IANS, "The arrangements for Mahakumbh are progressing in full swing. We are committed to welcoming all devotees, irrespective of their origin -- whether from different states of India or other countries. We aim to host them with unmatched arrangements that combine magnificence, divinity, and cultural vibrancy." "This gran ...Read More >
Extensive preparations are on in Mangalagiri for the first-ever convocation of AIIMS, scheduled for December 17, where President Droupadi Murmu will be the chief guest. District Collector S. Nagalakshmi, along with AIIMS director Madhabananda Kar, Joint Collector A. Bhargav Teja and Tenali Sub-Collector V. Sanjana Simha, held a review meeting with AIIMS officials and other district officers on Thursday evening at the AIIMS auditorium to oversee the arrangements. During the meeting, Collector Na ...Read More >
Vijayawada, Nov 26 (UNI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday directed the officials to formulate proposals for constructing an iconic Deep technology building in the capital city of Amaravati. Bengaluru, Nov 26 (UNI) Congress MLA HR Gaviyappa's call to reconsider some election guarantees has sparked a political storm in Karnataka, drawing sharp criticism from Deputy Chief Minister DK Shivakumar and exposing potential fissures within the ruling party. Gaviyappa, representing Vijayanagara, suggested that certain guarantees were straining state finances and hindering th ...Read More >
The Andhra Pradesh government inked a Memorandum of Understanding (MoU) with Google. The tech giant will launch its operations from Visakhapatnam in the State. Making the announcement at the district collectors' conference on Wednesday, Chief Minister N. Chandrababu Naidu said HRD Minister Nara Lokesh's efforts have paved the way for this. The MoU was a significant development and would be a game changer. Visakhapatnam is poised for transformative growth, Mr. Naidu said. The chief minister, in ...Read More >
Karnataka Deputy Chief Minister D K Shivakumar expressed grief over the stampede near Chinnaswamy Stadium, lamenting the loss of lives and the damage to Bengaluru's reputation. He dismissed opposition allegations and accusations of playing politics, emphasizing the government's responsibility.Karnataka Deputy Chief Minister D K Shivakumar on Thursday turned emotional over the loss of lives due to the stampede near the Chinnaswamy Stadium and said that Bengaluru has lost its image due to the incid ...Read More >
Mumbai, Dec 3 (PTI) Maharashtra's caretaker Chief Minister Eknath Shinde on Tuesday visited a private hospital in Thane for a "check-up," two days before a new CM is sworn in at an open ground ceremony in south Mumbai. Even as it is not known yet who would take oath as chief minister at Azad Maidan on the evening of December 5, preparations are in full swing for the ceremony, to be attended by Prime Minister Narendra Modi, about 2,000 VVIPs and some 40,000 supporters. Shinde, who had been staying at his private residence in Thane for the last few days, visited the hospital in the morning. "I ...Read More >
Prayagraj (Uttar Pradesh) [India], January 27 (ANI): The ongoing Mahakumbh in Prayagraj has witnessed an extraordinary surge in devotees, with over 6.019 million pilgrims taking the holy dip at the confluence of the Ganga, Yamuna, and Saraswati rivers as of 12 pm on Monday, as per Uttar Pradesh government. Earlier today, Union Home Minister Amit Shah on Monday took a holy dip at the Sangam Triveni in Prayagraj in the ongoing Mahakumbh Mela. Also Read | Uttarakhand Becomes First State To Implement Uniform Civil Code; CM Pushkar Singh Dhami Launches UCC Portal, Credits People for Implementatio ...Read More >
The Bihar government on Thursday (June 5, 2025) sanctioned compensation of ₹8.25 lakh under the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989, to the family members of the 11-year-old Dalit girl who was raped and brutally assaulted with a knife, and later succumbed to her injuries at the Patna Medical College and Hospital (PMCH) on June 1. The State also announced a monthly pension of ₹7,700 for the victim's family, in addition to the allotment of a house under the Mukhyamantri Awas Yojana. According to officials, the girl, who was transferred from Muzaffarpu ...Read More >
New Delhi, Jun 5 (PTI) In a move to position India as the global epicentre of traditional medicine and wellness, the government of India has launched the Ayush Nivesh Saarthi portal. The portal was launched on May 29 during the Ayush Stakeholder/Industry Interaction meet held at Vanijya Bhawan here, an Ayush Ministry statement said. The portal was jointly unveiled by Union Minister of Commerce and Industry Piyush Goyal and Union Minister of State (Independent Charge) for Ayush Prataprao Jadhav. The event brought together senior government officials, industry leaders, and global stakeholders ...Read More >
Lucknow: The state's first Ayush university, coming up in Gorakhpur, is all set for its inauguration on June 30. If all goes as planned, President Droupadi Murmu will conduct the ceremony. She is also expected to attend the convocation ceremony of the first undergraduate (MBBS) batch at Gorakhpur AIIMS.Sharing this on Tuesday, an official spokesperson said, "The Ayush university will be Gorakhpur's fourth university and the first one where both the foundation stone laying and inauguration will be ...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 6 (ANI): Elon Musk-owned satellite internet company Starlink has been given license by the government to launch GMPCS (Global Mobile Personal Communication by Satellite) services, VSAT Services and ISP Category-A under unified license. Starlink is the third company to receive the nod for GMPCS sevices from the Department of Telecom, after OneWeb and Reliance Jio. Global Mobile Personal Communication by Satellite (GMPCS) license authorizes the use of satellite technology for global mobile communication, providing connectivity seamlessly in the entire area of operation, ...Read More >
Hyderabad: Excitement filled the air at Sandhya Theatre on the night of December 4 as eager fans flocked to watch the much-anticipated film 'Pushpa 2: The Rule'. The atmosphere outside the theatre was electric, with fans waiting eagerly in long queues, all ready to witness the action-packed sequel. Speaking to ANI, one excited fan, after watching the film, shared his thoughts, saying, "The climax was awesome!" The premiere event, held on Wednesday also turned into a grand celebration as actor Allu Arjun, along with co-star Rashmika Mandanna, graced the occasion, adding to the buzz surrounding ...Read More >
Mumbai: Chief minister Devendra Fadnavis said on Thursday that he held discussions on cabinet expansion with union home minister Amit Shah, party national president J P Nadda, and the party national general secretary B L Santhosh on Wednesday night. Fadnavis was on a two-day visit to Delhi days after being sworn in as chief minister. He met President Draupudi Murmu, PM Narendra Modi, defence minister Rajnath Singh and union road transport minister Nitin Gadkari. He also presented five different ...Read More >