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 Civil Aviation minister K. Ram Mohan Naidu and Rajamahendravaram MP D. Purandeswari inaugurated virtually from New Delhi the new Alliance Air flight service between Rajamahendravaram and Tirupati on Wednesday. Alliance Air will operate this flight thrice in a week on Tuesday, Thursday and Saturday. It will start from Tirupati at 7:40 a.m. and reach Rajamahendravaram at 9:25 a.m. The flight will begin its return journey at 9:50 a.m. and arrive in Tirupati at 11:20 a.m. Speaking on the occasion, Ram Mohan Naidu said he is happy that the inaugural flight from Tirupati to Rajamahendravaram has taken off on the eve of Vijayadashami as a gift of Dasara to the people of Rajamahendravaram. The Civil Aviation minister said during the first three months, the first 35 seats on the flight will be sold at Rs 1,999 per head, while the next 35 seats will be priced Rs 4,000 each. He disclosed that given huge demand from public representatives and general public, efforts are on to launch flight services to Shirdi and Goa from Rajamahendravaram, apart from an additional flight service to Bengaluru. Ram Mohan Naidu appreciated the people of Rajamahendravaram for ensuring full occupancy on any flight service that is launched from the city. Rajamahendravaram MP Purandeswari explained the efforts she made towards starting the flight between Rajamahendravaram and Tirupati. On behalf of the people of Rajamahendravaram, she thanked the Civil Aviation minister for starting the flight. Purandeswari underlined that flights from Rajamahendravaram will be of immense use when the Godavari Pushkaralu are hosted in 2027, as people from all over the country will visit the pushkaralu. Tourism minister Kandula Durgesh underlined that a long cherished wish of the people in Rajamahendravaram has been fulfilled with introduction of a flight to Tirupati. Later, the Tourism minister, along with public representatives, flagged off the maiden flight from Rajamahendravaram to Tirupati at the airport.
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 >
Rajamahendravaram: The foundation of the prestigious Akhanda Godavari Tourism Project aimed at showcasing the historical and cultural magnificence of Godavari region, will be formally held on June 19, announced by State Tourism, Culture, and Cinematography Minister Kandula Durgesh. The ground-breaking ceremony will be jointly performed by Deputy Chief Minister Konidela Pawan Kalyan and MP Daggubati Purandeswari, with the support of the Central government, he said. The Minister conducted a field visit on Saturday to oversee the arrangements for the upcoming event, inspecting key sites like Pu ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...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 >
Stocktwits - Indian markets remained rangebound at open, with the Nifty index hovering around the 25,400 level. The retail sentiment on Stocktwits for Nifty has moved to 'neutral' from 'bullish'. Nifty sentiment and message volume on July 4 as of 9:45 am IST. | source: StocktwitsSectorally, metals continued to trade under pressure, while real estate, FMCG and pharma stocks saw some buying. Trent (NSE:TREN) was the top Nifty loser, falling 8% after management at its AGM stated that its fashion segment is expected to grow approximately 20% in Q1FY26E. Nuvama has downgraded the stock to 'Hold' ...Read More >
Mumbai, July 11: Stars Nagarjuna Akineni, Rashmika Mandanna and Dhanush's movie "Kuberaa" is all set to stream digitally on Prime Video from July 18. Directed by Sekhar Kammula, the film, which also stars Jim Sarbh in a pivotal role, will stream in Tamil and Telugu, with dubs in Hindi, Malayalam, and Kannada. Set against the backdrop of Mumbai's gritty underbelly, Kuberaa follows Deva Kallam, a humble vagrant from Tirupati whose life takes an unexpected turn when he is unwittingly entangled in a dangerous conspiracy. When Neeraj Mithra, a power-hungry corporate tycoon, uncovers a hidden oil re ...Read More >
GURGAON: The investigation into the murder of a 25-year-old former international tennis player, allegedly by her father, has revealed a sudden deterioration in their relationship. The apparent reason was a disagreement over the academy she ran near their house, but the roots clearly run deeper. The father, who claims to have spent Rs 2 crore on his daughter's tennis career, told interrogators he was troubled by questions about her "character" that some of his associates had raised.Deepak Yadav, who shot Radhika at their house Thursday morning, had allegedly been insisting for two weeks on her ...Read More >
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to the allegations to NCW officials. Officials said further steps will be considered after reviewing his ...Read More >
Hyderabad: Former irrigation minister T Harish Rao said the BRS would approach the Supreme Court to stall the Banakacherla-Godavari project, proposed by the Andhra Pradesh govt. He questioned why the Congress and BJP MPs from Telangana have not been raising the issue in the ongoing Parliament session.Strongly reacting to Andhra Pradesh IT minister Nara Lokesh's statement that they would get the required permissions for the Banakacherla project, Harish Rao said, "If they (AP) know how to get permi ...Read More >
Himachal Pradesh faced nature's fury. Bridges collapsed in Shimla, Lahaul, and Spiti. Cloudbursts and flash floods caused widespread damage. Over 300 roads closed, disrupting travel. A police post swept away, shops damaged. No casualties reported yet. Orange alert issued for more heavy rain. The state has suffered significant financial losses this monsoon. Many people have died in rain-related incidents. Several bridges were washed away in Shimla and Lahaul and Spiti districts, while over 300 roads, including two national highways, have been closed across Himachal Pradesh following fresh inci ...Read More >
Tirupati (Andhra Pradesh) [India], January 28 (ANI): Ahead of the scheduled launch of the GSLV-F15 rocket on Wednesday, ISRO Chairman V. Narayanan visited the Chengalamma Parameshwari Temple in Tirupati and offered special prayers. The countdown for the 100th rocket launch from the Satish Dhawan Space Centre (SHAR) will begin on Wednesday at 2:53 am ahead of the scheduled launch of the GSLV-F15 rocket at 6:23 AM. Also Read | Hyderabad Murder Case: Ex-Serviceman Gurumurthy Who Killed Wife, Chopped, Boiled and Burnt Body Pieces Arrested. ISRO has completed all preparations to launch the NVS-0 ...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 >
Andhra Pradesh, home to India's lone operational spaceport, Satish Dhawan Space Centre (SDSC-SHAR), has revealed its State Space Policy for 2025-2030. The Southern Indian state of Andhra Pradesh, home to India's lone operational spaceport, Satish Dhawan Space Centre (SDSC-SHAR), has revealed its State Space Policy for 2025-2030. According to the Andhra Government, the policy will facilitate investments amounting to Rs 25,000 crore (over $3 billion) in the space sector over the next decade and cr ...Read More >
Hyderabad: A crucial Cabinet meeting chaired by Chief Minister A. Revanth Reddy is scheduled for Sunday, where the Telangana government is expected to decide on initiating criminal or departmental action against those responsible for irregularities in the Kaleshwaram Lift Irrigation Scheme (KLIS) during the previous BRS government. The meeting follows the submission of a detailed 650-page report by the Justice P.C. Ghose Commission, which was set up to probe the sinking of piers at Medigadda barrage and damages to the Annaram and Sundilla barrages. The commission submitted its findings to the ...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 >
Hyderabad: The much-awaited Shilpa Layout Phase 2 flyover is finally open to the public. Telangana chief minister inaugurated the flyover at Gachibowli on Saturday, June 28. Named after late senior Congress leader and five-time MLA P Janardhan Reddy, the 1.2 km-long six-lane bi-directional flyover has been built at a cost of Rs 182.72 crore. Built under the Strategic Road Development Programme (SRDP), the new PJR flyover promises smoother vehicular movement between ORR, Kondapur, Hafeezpet, Hitech City, and the Financial District. Addressing the crowd, CM Revanth stated that more flyovers a ...Read More >
Medak: Telangana State BJP President N. Ramchander Rao on Friday appealed to the people to give the committed party an opportunity to meet the aspirations of the poor and downtrodden. Addressing a large gathering of party workers in Medak, the BJP chief remarked that citizens have experienced the rule of the BRS and the Congress party and have had bitter experiences with the deceitful practices of both. He urged people to support the BJP wholeheartedly in the upcoming local body elections as a way to teach the ruling Congress party a lesson for its unfulfilled promises. Rao emphasized that t ...Read More >
NEW DELHI: Signalling the government's intent to move ahead with the impeachment motion of Allahabad High Court judge Justice Yashwant Varma, Union Minister Kiren Rijiju on Thursday said that main opposition parties have given their in-principle approval to support the motion in the upcoming monsoon session scheduled for July21-August 21. Rijiju said that the government is yet to decide whether the motion would be brought in the Lok Sabha or the Rajya Sabha. For the Lok Sabha, signatures of a minimum 100 MPs is required. The requirement is the support of at least 50 MPs in the Rajya Sabha. H ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Wednesday alleged that former chief minister and BRS president K Chandrashekar Rao mortgaged the interests of Telangana to Andhra Pradesh when it came to utilising waters from Godavari and Krishna rivers. "With regard to Krishna water utilization, KCR betrayed Telangana a thousand times more than the injustice done by the rulers in the erstwhile undivided Andhra Pradesh. The BRS leader should be awarded a punishment of 100 whippings," the Chief Minister said, adding that BRS leaders were levelling baseless allegations against the Congress to cover ...Read More >
Tirupati: A Hyderabad-based devotee, K Srikanth, on Tuesday donated Rs 1.1 crore to two wings of the Tirumala Tirupati Devasthanams (TTD), the official custodian of the Sri Venkateswara Swamy temple.Of the total contribution, Rs 1 crore was given to the SV Anna Prasadam Trust and Rs 10 lakh to the SV Gosamrakshana Trust, the temple body said. "Kodali Srikanth donated Rs 1 crore to Sri Venkateswara Anna Prasadam Trust and Rs 10 lakh to Sri Venkateswara Gosamrakshana Trust of TTD on Tuesday mornin ...Read More >
Bhubaneswar, Dec 3 (PTI) A delegation of the Opposition BJD on Tuesday met Union Minister for Jal Shakti C R Patil and apprised him of the potential submergence of large areas in Odisha's Malkangiri district, due to construction of a multi-purpose project in neighbouring Andhra Pradesh. The delegation, led by senior leader Debi Prasad Mishra, also submitted a memorandum with the Ministry of Jal Shakti. The regional party in its memorandum mentioned that the Polavaram project is likely to impact the lives and livelihoods of thousands of tribal people, especially those from vulnerable and prim ...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 >
Hyderabad: BRS working president KT Rama Rao on Monday said that no other chief minister than Revanth Reddy has faced so many abuses and insults across the villages in the history of Telugu states. Ridiculing the criticism of KCR by Revanth Reddy, Rama Rao said if he was sitting in the CM's chair it is because of the BRS chief. He made these comments while addressing a group of Congress leaders and workers from Medak who joined the BRS party at Telangana Bhavan. Stating that the Siddipet was once known for pigs and donkeys, the BRS leader said that donkeys have now left from Medak except for ...Read More >
Mumbai: Bombay High Court has now got its fifth bench, located in Kolhapur. The HC bench at Kolhapur will start functioning from Aug 18, as stated in a notification issued on Friday."I, Alok Aradhe, Chief Justice of the High Court of Judicature at Bombay, with the approval of the Governor of Maharashtra, appoint Kolhapur as a place at which Judges and Division Courts of the High Court may also sit, with effect from August 18, 2025," the notification dated Aug 1 said. The other benches of the HC are at Nagpur, Aurangabad, and Goa, apart from the principal bench in Mumbai.Lawyers and bar associa ...Read More >
Bhubaneswar, Dec 3 (PTI) A delegation of the Opposition BJD on Tuesday met Union Minister for Jal Shakti C R Patil and apprised him of the potential submergence of large areas in Odisha's Malkangiri district, due to construction of a multi-purpose project in neighbouring Andhra Pradesh. The delegation, led by senior leader Debi Prasad Mishra, also submitted a memorandum with the Ministry of Jal Shakti. Also Read | Pune Shocker: Bike Rider Dragged for 2 Kilometres on Bonnet of Car in Pimpri Chinchwad; 3 Booked. The regional party in its memorandum mentioned that the Polavaram project is like ...Read More >
India opened the scoring through Geeta Yadav (11th minute); however, in the second quarter, Belgium equalised through Marie Goenns (25th) The Indian junior women's hockey team made a positive start to its tour of Europe with a 3-2 win over hosts Belgium here on Sunday. India opened the scoring through Geeta Yadav (11th minute). However, in the second quarter, Belgium equalised through Marie Goenns (25th). Soon Belgium took the lead as Louise van Hecke (34th) found the back of the net. India made a valiant comeback and levelled the scores through Sonam (40th). The visitors continued to att ...Read More >
Tirupati/Chittoor: After chilli and tobacco farmers, mango growers are now in focus as YSRCP chief Y S Jagan Mohan Reddy looks to raise the political heat in the state. A bumper mango yield this year has brought little joy to farmers, who are struggling with falling prices. Despite the state government's swift action, announcing subsidies and deploying officials to assist distressed farmers, the issue has turned political. Looking to capitalise on the unrest, Jagan will visit Bangarupalem market yard on July 9 to console mango farmers. In fact, the government claims that Andhra Pradesh's pr ...Read More >
Shimla, Jul 17 (PTI) Himachal Pradesh High Court has directed the state government to remove encroachments on forest lands, including the fruit-bearing trees, all across the state and not limit it to some areas. The order was passed by a division bench consisting of Justices Vivek Thakur and Bipin C Negi on Wednesday after the Advocate General placed on record fresh instructions issued by Principal Chief Conservator of Forests, informing that 2,456 apple and other fruit trees have been felled from forest lands in Chaithla village, and 713 and 490 trees in Rohru and Kotgarh forest divisions, r ...Read More >
Tirupati (Andhra Pradesh), Jun 26 (PTI) Google Vice President Thota Chandrasekhar donated ₹1 crore to the SV Pranadana Trust of the Tirumala Tirupati Devasthanams (TTD) on Thursday, the temple authorities said. The cheque was handed over to TTD Chairman B R Naidu by Chandrashekhar in Tirumala. "Google Vice President Chandrasekhar donated ₹1 crore to the SV Pranadana Trust of TTD on Thursday," said a release from the temple body. TTD officials appreciated the donor's gesture during the meeting held at the Chairman's office in the temple town. TTD is the official custodian of Lord Venkateswa ...Read More >
Bhongir MP Chamala Kiran Kumar Reddy credited the Congress government for the Central Environmental Expert Committee's decision to halt further clearances for the contentious Polavaram-Banakacherla Link Project, despite the BRS government allowing full rights to the Andhra Pradesh government on Godavari waters. "It was only after our government's serious intervention and strong objections at the Central level that the committee decided to put the project on hold," he said at a press conference h ...Read More >