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.
NEW DELHI: To foster national pride and self-reliance among students, the Ministry of Education on Friday released two special modules on Swadeshi. The NCERT booklet for Middle Stage students is themed on 'Swadeshi Vocal for Local' while Swadeshi - For a Self-reliant India' was the topic around which the secondary Stage book revolved. To explain to senior students what a self-reliant India meant, the 23-page module begins with a quote from PM Modi's speech on August 15 this year - "The bedrock of a Viksit Bharat is also a self-reliant Bharat. Self-reliance is not confined merely to imports and exports, or to rupees, pounds, and dollars. Its meaning is not so limited. Self-reliance is linked to our capability, and when self-reliance begins to diminish, capability too continually declines. Therefore, to preserve, maintain, and enhance our capability, it is imperative to be self-reliant." Goading students to make the right choices that embody the spirit of Swadeshi, the module states, "Keep these in mind when you pick your products - When buying a soft drink, why not choose an Indian brand over the imported sodas? Why not buy freshly made fruit juice from local juice shops?" When you shop for clothes, opt for Khadi or handloom ones as they support local artisans and sustainable practices instead of fast fashion brands, it adds.
India's Latest Forex Reserves: India's foreign exchange reserves rose sharply by $4.84 billion to $702.78 billion in the week ended June 27, bringing them within striking distance of the all-time-high level of $704.89 billion recorded in end-September 2024, according to the latest data released by the Reserve Bank of India (RBI). This marks a strong rebound from late January levels, when reserves had fallen to a multi-month low of around $624 billion. The gain was led by an increase in foreign currency assets, while gold reserves declined. The value of gold reserves fell $1.23 billion to $84 ...Read More >
Srinagar, Jul 19 (PTI) Exports of handmade products from Kashmir have crossed the Rs 300 crore mark in the first quarter of the current financial year, which is the highest for the period in the last four years, an official said on Saturday. "In a major fillip to Kashmir's famed craft sector, hand-made products worth Rs 309.62 crore have been exported to various overseas destinations in the first quarter of the current financial year -- up from Rs 126.90 crore in the same quarter last year," an official of the Handicrafts and Handloom Department, Kashmir, said. The exports are the highest fo ...Read More >
New Delhi: Prime Minister Narendra Modi on Sunday hailed the transformative role of women across India who are leading change through Self-Help Groups (SHGs), preserving heritage and shaping a new future for the nation. Speaking during the 123rd episode of his monthly radio programme Mann Ki Baat, Modi underlined how initiatives led by women are giving new strength to the 'Women-Led Development' movement. "Just as our India is known for its regional, linguistic and cultural diversity, the diversity of arts, crafts and skills is also a great quality of our country," the PM said. "Whichever ar ...Read More >
The Board of Secondary Education, Madhya Pradesh has called on eligible candidates to apply for fresh and renewal of Central Sector Scholarship for the academic year 2025-26. Candidates must note that the last date of online applications has been fixed as October 31, 2025. Sponsored by the Department of Higher Education, applications or the Central Sector Scheme of Scholarship for College and University students began from June 6, 2025. In an official notice, the board informed that students w ...Read More >
Ahmedabad, Aug 26 (PTI) A day before US President Donald Trump's additional 25 per cent tariff kicks in, Prime Minister Narendra Modi on Tuesday made a vehement pitch for swadeshi and Make in India that should help create jobs in the country. Swadeshi should be everyone's life mantra and irrespective of who is investing, production must take place domestically, Modi asserted on a day when Japan's Suzuki Motor Corporation committed to invest over Rs 70,000 crore in the country in the next five to six years. The government's 'Make in India' initiative has created a favourable environment for b ...Read More >
Itanagar, Sep 15: The Centre and Arunachal Pradesh government signed a memorandum of understanding (MoU) for implementation of a special development package for Siang Region, on Monday. The initiative is being undertaken as a pre-investment activity of the proposed Upper Siang Multipurpose Project (SUMP), an official communique said. Under the package, multiple intervention areas have been identified, including livelihood activities, creation of new infrastructure facilities, and upgradation of existing assets in Siang and Upper Siang districts. Focus sectors also include animal husbandry, ...Read More >
Traditional wisdom needs to be challenged, to enable and fuel MSME lending for the coming decade, says Rahul Jain, Head of BCG India & Hardik Shah, MD & Partner, BCG. The recent government campaign celebrating a decade of the MUDRA Yojana underscores the progress made in extending credit to micro-enterprises. The ad claims that by the time your food delivery order reaches home, 3,000 Mudra loans are disbursed. Guarantee schemes have shown promise and progress in bringing the small entrepreneurs ...Read More >
Shimla: Heavy rains lashed Himachal Pradesh on Sunday, triggering landslides and flash floods and blocking more than 100 roads, even as the weather department issued a red alert.A landslide at Chakki Mod near Parwanoo blocked the Chandigarh-Shimla highway for hours, resulting in a massive traffic jam Sunday morning. The local administration had to divert traffic through the Jangeshu link road until the landslide debris was cleared at Chakki Mod.The traffic was first restored one-way and later two-way, but the traffic jam continued on both sides of the highway throughout the day due to slow veh ...Read More >
Pune: The Indian Gig Workers' Front on Saturday evening suspended the ongoing strike of cabs and autorickshaws operating on applications till Tuesday, after leaving many commuters, including those arriving at the airport on Saturday morning, hassled. Keshav Kshirsagar, the president of the front, said, "We have a meeting on Tuesday with senior officials of the state transport department. If its decisions don't meet our expectations, the strike will resume." Several commuters had a harrowing experience on roads on Friday and in the early hours of Saturday. Cabs and autos were hard to come by. T ...Read More >
New Delhi: Prime Minister Narendra Modi on Sunday praised the contribution of RSS, which is completing 100 years of its inception this Dussehra, to nation building through sacrifice and dedication. In his monthly 'Mann ki Baat' address, he said the Sangh fountainhead was formed in 1925 to fight intellectual slavery and restore self-confidence among the people during British rule and at the time of Independence. "This Vijayadashami is special for another reason. This day marks 100 years of the fo ...Read More >
The country's attraction towards Khadi has increased significantly in the last 11 years, said PM Modi. New Delhi: Prime Minister Narendra Modi, addressing the 126th episode of 'Mann Ki Baat' on Sunday, called on the countrymen to adopt 'Swadeshi' this Gandhi Jayanti and express pride in it. "October 2 is Gandhi Jayanti. Gandhiji always emphasised the adoption of Swadeshi, and Khadi was the most prominent among them. Unfortunately, after Independence, the charm of Khadi was fading away, but dur ...Read More >
Lieutenant Commander Dilna K and Lieutenant Commander Roopa A, passed through Point Nemo. New Delhi: Prime Minister Narendra Modi on Sunday praised the Indian Navy officers, Lieutenant Commander Dilna and Lieutenant Commander Roopa, who embarked on 'Navika Sagar Parikrama' and travelled a distance of 50,000 kilometres, and congratulated them for the "thrilling" journey. Addressing the 126th episode of his monthly radio programme, 'Mann Ki Baat', PM Modi said, "During this time of Navratri, we ...Read More >
The books for class 9-12 will be available from 2026-27. New Delhi: The National Council of Educational Research and Training (NCERT) has reduced the prices of books for classes 9 to 12 by 20 per cent. The decision was announced by NCERT Director Dinesh Prasad Saklani during an event held in the national capital on Monday. The reduction in the prices of books will be effective from the upcoming academic year. News agency PTI quoted the minister as saying that while the textbooks for classes 9- ...Read More >
Mumbai : Filmmaker Subhash Ghai recently took a trip down memory lane as he remembered the late actor Irrfan Khan. Ghai shared an old photo from an award ceremony with the actor, along with an emotional note that quickly caught the attention of fans online. In the photo, Ghai and Irrfan can be seen smiling. Ghai, who worked with Irrfan in the film 'Right Yaa Wrong,' took to his Instagram account to share a post praising him not just as an actor but as someone who deeply understood the art of storytelling. He wrote, "I have always been more in admiration of good and great actors than just co ...Read More >
BHUBANESWAR: Learning levels of school students in Odisha has exceeded the national average. Not only are they doing well at the foundational stage but also performing better in the higher grades. The Performance Assessment, Review and Analysis of Knowledge for Holistic Development (PARAKH) Rashtriya Sarvekshan-2024 report published by the Ministry of Education on Wednesday has revealed that there has been significant improvement in learning levels of students in grades III, VI and IX in language, science, social science and mathematics subjects. The outcomes are above the national average in ...Read More >
Guwahati, Jul 15 (PTI) Congress president Mallikarjun Kharge and Leader of Opposition in Lok Sabha Rahul Gandhi will visit Assam on Wednesday during which they will interact with party functionaries of the state. State Congress chief Gaurav Gogoi said the district, block and mandal presidents of the party will be able to present their views before its top leadership during Kharge and Gandhi's visit. Also Read | Did Lucknow Court Judge Take Selfie With Rahul Gandhi During Hearing of Indian Army 'Defamation' Case? BJP's Amit Malviya Found Fake in Fact Check. "I look forward to welcoming Shri ...Read More >
Neiphiu Rio (left) during the opening of the new State Emporium Complex in Kohima on Friday Sourced by the Telegraph Nagaland chief minister Neiphiu Rio on Friday inaugurated a seven-storey facility in Kohima to serve as a hub for Naga handloom, handicrafts and cultural promotion. The Nagaland State Emporium Complex includes a dedicated state emporium on the first floor, three floors of shopping areas, a restaurant and library, a fully furnished conference hall and guest accommodations for visiting artisans and officials. At the inauguration, Rio expressed his appreciation for all those inv ...Read More >
NEW DELHI: The Ministry of Education has come up with some disturbing revelations about the proficiency of students in basic Mathematics in government and private schools across the country. It assessed the Maths and Linguistic proficiency of 21.15 lakh students across 74,229 schools in 36 states and union territories last year. The survey was conducted by PARAKH Rashtriya Sarvekshan 2024 for 21,15,022 students across three different grades: Grade 3 (5,99,026), Grade 6 (6,63,195), and Grade 9 (8,52,901). According to the survey, only 50% of Class 3 students were able to recognise and classi ...Read More >
Mumbai (Maharashtra) [India], August 3 (ANI): India's foreign exchange reserves rose by USD 2.703 billion to USD 698.192 billion for the week ending July 25, after falling for three consecutive weeks, according to the official data released by the Reserve Bank of India (RBI). In the previous reporting week, the country's foreign exchange reserves fell by USD 1.18 billion to USD 695.49 billion. In the week ending July 25, foreign currency assets, the major constituent of the forex reserves, rose USD 1.316 billion, at USD 588.926 billion, possibly becoming the primary reason for the uptick in ...Read More >
Lucknow: In a hall packed with audiences, mostly Gen-Z, Khadi walked on the ramp in its modern avatar at Re-Spin: The Khadi Edit, organised as part of UPITS 2025. Models showcased the diversity of Khadi in haute couture style, and each one of them won hearts and several rounds of applause. Some popular ones included chikankari and silk textures in modern dresses, capes, and even office wear. The show conveyed a clear message: Khadi is not just a heritage of the past, but also a strong foundation for the fashion of the future.MSME, khadi and village industries, silk production, textiles, and ha ...Read More >
BENGALURU, India -- An innovative portable shelter recently exhibited in one of India's largest cities shows how smart, cheap ways to help workers escape the heat are gaining traction in a country that's particularly vulnerable to climate change-driven extreme temperatures. The Neralu shelter, winner of a design contest in the southern city of Bengaluru, was displayed at the Sweat and Concrete 2025 event in late May alongside a theatrical performance about heat impacts on outdoor workers and exhibits on heat-related studies. Organizer Kanishk Kabiraj said the aim of the exhibition is to raise ...Read More >
CHENNAI: In a letter addressed to the Union Minister of Food Processing Industries, Chirag Paswan, Member of Parliament from Dravida Munnetra Kazhagam (DMK), Kanimozhi Karunanidhi has highlighted the problems faced by mango farmers in the country, especially in Tamil Nadu. She underlined the decrease in demand for mango produce by the beverage manufacturing companies and to cut down GST charges. The letter explained that the mango farmers have been facing consistent losses over the past few years due to a significant reduction in the quantity of mango pulp used by beverage manufacturers. Ac ...Read More >
Mumbai : Tesla's long awaited India debut finally took place with chief minister Devendra Fadnavis inaugurating its showroom in Mumbai on Tuesday. The Elon Musk-led car maker unveiled its Model Y compact all-electric SUV at its 'Experience Centre' in Bandra-Kurla Complex with the CM describing it as the "right city and the right state" for the launch."Mumbai stands for innovation and sustainability. In 2015, when I went to the US, I had my first ride in a Tesla, and then I thought we need such a vehicle for mobility in India. But it took 10 years for it to come to India. But we are very happy ...Read More >
NEW DELHI: The Centre has entrusted the National Council of Educational Research and Training (NCERT) with the responsibility of granting certificates equivalent to that of the Secondary (Class 10) and Senior Secondary (Class 12 certificates awarded by various School Education Boards in India, officials said on Friday. This is aimed at facilitating smooth inter school education board migrations, they added. An official release from the Education Ministry said, "This responsibility will be exercised for the purpose of admission of students to higher education institutions and employment under ...Read More >
Mumbai, Dec 6 (VOICE) The RBI on Friday increased the interest rate ceilings on Foreign Currency Non-Resident Bank deposits or FCNR (B) deposits which will enable NRIs to earn more on their savings.The move is aimed at attracting more foreign capital at a time when the Indian rupee has come under pressure as foreign investors have been pulling money out of the Indian stock markets resulting in hot money outflows. FCNR(B) deposits are accounts where Non-Resident Indians (NRIs) can hold their earnings in foreign currencies like USD or GBP, protecting them from exchange rate fluctuations. "In o ...Read More >
Dimapur: In a landmark initiative to promote and preserve the rich handloom and handicraft tradition of Nagaland, chief minister Neiphiu Rio inaugurated the new state emporium complex in Kohima on Friday. The seven-storey facility will serve as a hub for Naga handloom, handicrafts, and cultural promotion of the state. Ready for a challenge? Click here to take our quiz and show off your knowledge! Addressing the gathering, Rio emphasised the cultural and economic importance of the new facility, calling it a "beacon of identity and opportunity". He expressed appreciation for all those involv ...Read More >
Sopore, Sept 15: The Sopore fruit mandi, Asia's second-largest fresh fruit market, wore an unusual look of silence on Monday, reflecting the mounting anger of Kashmir's fruit growers over the blockade of the Srinagar-Jammu National Highway. In line with a Valley-wide two-day call for closure of all mandis across Kashmir on September 14 and 15, the Sopore mandi remained shut as growers staged peaceful protests against what they termed "government indifference" toward the plight of horticulturists. Hundreds of growers, dealers, traders, and other stakeholders assembled at the mandi gates, carr ...Read More >
Mumbai (Maharashtra) [India], June 29 (ANI): India's foreign exchange reserves (forex) declined by USD 1.02 billion this week after extending gains in the previous week stabilising at USD 697.93 billion, official data released by the Reserve Bank of India showed. The Forex extended their gains, jumping USD 2.294 billion to USD 698.950 billion in the week ending June 13. Also Read | FIFA Club World Cup 2025 Live Streaming in India, Paris Saint-Germain vs Inter Miami: Where To Watch CWC Round of 16 Match Live Telecast on TV and Online With Free Football Score Updates in IST?. As on June 20, t ...Read More >
SHILLONG, June 29: Eri Silk, the pride of Meghalaya's textile tradition, went global on Sunday as Prime Minister Narendra Modi spotlighted it in his latest 'Mann Ki Baat' broadcast, calling it not just a unique product but a living heritage. The recognition follows the recent conferment of Geographical Indication (GI) tag to Meghalaya's Eri Silk. Describing Eri as a "heritage for Meghalaya," the PM, in his 123rd Mann Ki Baat address, lauded the deep-rooted craftsmanship of the state's tribal communities, particularly the Khasis, who have nurtured the art of Eri weaving across generations. Un ...Read More >
Mumbai: A public interest litigation filed in Bombay high court seeks reliefs against Italian luxury fashion label Prada after it showcased open-toe leather sandals at the recent Milan Fashion Week that are "deceptively similar" to the Kolhapuri chappal."The Kolhapuri chappal is the cultural symbol of Maharashtra and has special public sentiments attached to it. The act of copying and misrepresenting this craft in international markets effectively amounts to depriving local artisans of rightful recognition and credit for their work, who have preserved and practised this traditional art form fo ...Read More >