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.
Chennai: The magnitude of oil spills in the oceans today demands swift and concrete action. It is not just the responsibility of a single nation, but a collective one, Coast Guard director-general (DG) Paramesh Sivamani said.At the 27th National Oil Spill Disaster Contingency Plan (NOSDCP) meeting in the city on Sunday, Sivamani said the exercise would reaffirm the nation's commitment towards protecting the ocean. "This is a biennial exercise and is aimed at proving that the Coast Guard is well-p
NewsVoir New Delhi [India], December 4: OPPO India's latest flagship smartphone series, the OPPO Find X8 Pro and OPPO Find X8, is on sale starting - 3rd December 2024 across the OPPO e-store, Flipkart, and mainline retail outlets. The Find X8 series is a blend of cutting-edge performance, premium design, and innovative camera technology, complemented by exciting launch offers. Pricing & Launch Offers * OPPO Find X8 Pro (16GB + 512GB) is priced at INR 99,999 and can be got for as low as INR 82,000* with offers. * OPPO Find X8 (12GB + 256GB), priced at INR 69,999, is available for as low as ...Read More >
Shimla (Himachal Pradesh) [India], December 11 (ANI): A Bharatiya Janata Party (BJP) delegation, led by senior leaders, met Himachal Pradesh Governor Pratap Shukla recently to submit a comprehensive 106-page memorandum titled "Kachcha Chittha". The document, which alleges rampant corruption and administrative failures in the two years of Congress rule under Chief Minister Sukhvinder Singh Sukhu, aims to hold the state government accountable for what the BJP describes as a period of "unprecedented mismanagement and destruction." Speaking to the media after meeting the Governor, Himachal Prade ...Read More >
Leader of the House in Rajya Sabha and Union minister JP Nadda on Thursday said that the Chair should not be questioned or criticised about admissibility, calling it contempt of the House and Chairman. He also condemned Mallikarjun Kharge for criticising the Chair in a press conference the day before, calling it wrong. "The Chair cannot be questioned with regard to admissibility or for any other purposes. The Chairman's ruling cannot be questioned or criticised; to do so is contempt of the Hous ...Read More >
New Delhi [India], December 12 (ANI): The National President of Aazad Samaj Party (Kanshi Ram) on Thursday criticised the ruling Mahayuti government in Maharashtra over the violence in Parbhani city, alleging that the unrest was a result of the state government's negligence and an insult to the Constitution. Speaking to ANI, Azad announced plans to launch a protest against the violence. "The negligence of the state government and the way the Constitution of India was insulted have caused this outrage. On the instructions of the government, the police lathi-charged supporters of Baba Saheb Am ...Read More >
Bengaluru (Karnataka) [India], December 13: IIFL Capital Services Limited (formerly IIFL Securities Limited) today announced the unveiling of its state-of-the-art office in Bengaluru, dedicated to wealth management services for High Networth Individuals (HNIs) and Ultra High Networth Individuals (UHNIs). IIFL Capital Services is one of the largest wealth managers in India, with about $30 billion (Rs 2.5 lac crore) worth of assets under management, advice and custody. Also Read | Big score is just around the corner for Steve Smith, Skipper Pat Cummins Backs Star Batter Ahead of IND vs AUS 3rd ...Read More >
New Delhi [India], December 18 (ANI): The Supreme Court on Wednesday asked Punjab authorities to promptly tackle the health situation of farmers' leader Jagjit Singh Dallewal who is on fast unto death for over 20 days and to take "extraordinary steps" to ensure his health. A bench of Justices Surya Kant and Ujjal Bhuyan cautioned Punjab authorities on the repercussions if anything untoward happens to the farmer's leader. Also Read | 'Mukadma, Mulzim, Ilzam, Ittila, Chashmdeed': BJP Government in Rajasthan To Replace Urdu Terms in Policing With Hindi Words. "The entire state machinery will b ...Read More >
Mumbai (Maharashtra) [India], January 22 (ANI): Maharashtra Deputy Chief Minister Eknath Shinde called the Pushpak Express accident "unfortunate" and said that he has spoken with the collector and officials over the same. "The Jalgaon incident is very unfortunate. I have collected details on it. I have spoken with the collector and officers. The injured have been admitted to the hospital. A rescue operation is underway at the spot. The government is providing all help to everyone," said the deputy CM. Notably, the death toll in the Jalgaon train accident has risen to 11, with six others inju ...Read More >
In a groundbreaking conservation effort, a large-scale underwater cleanup at Sindhudurg’s coral reefs removed 300 kg of marine debris, marking a significant step in protecting the fragile ecosystem. Organized by environmental groups, the Maharashtra Forest Department, and local divers, the operation targeted harmful pollutants like fishing nets, plastic, and glass bottles. The cleanup, which took place over two days, aims to restore coral health by removing debris that suffocates corals and disrupts marine life. The initiative, supported by local communities, sets the stage for further efforts ...Read More >
Gurdaspur (Punjab) [India], December 4 (ANI): Jasmeet Kaur, wife of Narain Singh Chaura, who attempted to assassinate Sukhbir Singh Badal, condemned her husband's actions on Wednesday. She stated that her husband had informed her he was attending a "death anniversary programme" in Amritsar. "I didn't know what had happened until reporters came knocking at my door. Earlier, he had been lodged in jails in Amritsar, Ludhiana, and Gurdaspur," Kaur told reporters. "I don't think what he did was right," Kaur added. Narain Singh Chaura opened fire at Shiromani Akali Dal (SAD) leader Sukhbir Singh ...Read More >
Assam Beef Ban: A political row has erupted over the Assam government's decision to ban the public consumption of beef in the state with the Opposition labelling it "against the right to freedom" while the ruling BJP lauding the state Cabinet's call. Assam Chief Minister Himanta Biswa Sarma had announced on Wednesday that his government has decided to ban the consumption of beef in restaurants, hotels and public places, drawing sharp reactions from the Opposition. Samajwadi Party MP Iqra Hasan ...Read More >
Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a ₹10 lakh insurance policy, ₹1 lakh for daughters' marriages, a biannual ₹2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.Ahead of crucial Delhi assembly polls, Arvind Kejriwal promised several measures for auto dri ...Read More >
New Delhi [India], December 12 (ANI): Amid ruckus in the House, Rajya Sabha was adjourned on Thursday till 11 am on December 13. Earlier in the day, the House was adjourned till 2 pm. However, after it reconvened in the afternoon, the House continued to witness the uproar as the Opposition members demanded discussions on various notices they had submitted. The House had to be adjourned within half an hour. Amid the ruckus, Former Prime Minister and JD(S) leader HD Deve Gowda slammed the Opposition for bringing an impeachment motion against the House Chairman Jagdeep Dhankhar. "For the first ...Read More >
Hindustan Power, under Chairman Ratul Puri, has implemented a CSR initiative to combat water scarcity in rural Uttar Pradesh by installing hand pumps. This program, part of a broader corporate commitment, has significantly improved access to clean water and quality of life for underserved communities since 2022. Hindustan Power, led by Chairman Ratul Puri, is making significant strides in addressing water scarcity in rural Uttar Pradesh through its innovative CSR initiative. Launched in 2022, this program installs hand pumps in water-stressed villages, ensuring clean water for thousands of un ...Read More >
New Delhi [India], December 5 (ANI): Jitender Singh Shunty, a Social activist and Padma Shri awardee joined Aam Aadmi Party (AAP) in the presence of the Party's National Convener Arvind Kejriwal on Thursday. Jitender Singh Shunty is also the founder of Shaheed Bhagat Singh Sewa Dal (SBS) Foundation. Upon officially joining the party, Kejriwal expressed his admiration for Jitender Singh Shunty's significant contributions to society during the challenging times of the COVID-19 pandemic. He highlighted Shunty's dedication and efforts in supporting those in need and commended his commitment to ...Read More >
Delhi residents breathed easier Thursday as air quality improved to 'moderate' after a month of severe pollution. The AQI dropped to 161, though some areas still experienced 'poor' air quality. Cooler temperatures and mist accompanied the improved air, with the minimum temperature reaching 9 degrees Celsius. The Supreme Court maintained GRAP-IV restrictions, demanding compensation for construction workers from NCR states.Residents in Delhi took a sigh of relief on Thursday as the air quality inde ...Read More >
New Delhi: University Grant Commission (UGC) Chairman M Jagadesh Kumar has announced changes in the Common University Entrance Test (CUET), undergraduate and postgraduate 2025, saying the total number of subjects has been reduced to 37 from 63 and there will be uniform exam duration of 60 minutes. He said 20 language subjects have been discontinued and admissions to the dropped subjects can be done based on General Aptitude Test (GAT) scores. The domain-specific subjects were 29 earlier, but the UGC has decided to discontinue six subjects, bringing the number down to 23, Kumar added. The cha ...Read More >
Also Read | Sambhal sparks rift: INDIA bloc allies face leadership turmoil? "Multiple encroachments are being seen around the area," Sambhal DM Rajendra Pensia told ANI. Pensia said, "There was encroachment on roads, sewers, water bodies, and that too for a long time. We are undertaking an 'abhiyan' (drive) to fix it. We launched a campaign in Chandausi and we had decided we would start the campaign here in November. But we could not start." The DM stated the anti-encroachment drive will conti ...Read More >
Jalgaon (Maharashtra) [India], January 22 (ANI): Maharashtra Chief Minister Devendra Fadnavis announced Rs 5 lakh ex gratia to the families of the victims who died in the Jalgaon train accident on Wednesday. The state government will also bear all the medical expenses of the injured, the CM said. Atleast 11 people have died and 6 others injured after Karnataka Express hit passengers in the Jalgaon district of Maharashtra. Also Read | 'Deeply Distressing': Maharashtra CM Devendra Fadnavis Mourns Loss of Lives After 8 Killed, Several Injured in Jalgaon Train Tragedy. The passengers of the Pus ...Read More >
As a part of the new agreement between Mazagon Dock and BEML, Mazagon Docks will make facilities available to BEML's research team in exchange for their technical support to design and manufacture strategic equipment, reported PTI. The government-owned BEML Ltd. (formerly known as Bharat Earth Movers Ltd) announced on Wednesday, November 27, that it has signed an agreement with Mazagon Dock Shipbuilders to develop technologies for the marine industry, news agency PTI reported. According to the company statement cited by the agency, the company aims to leverage the opportunity to expand its e ...Read More >
New Delhi: Chaos erupted in political circles after Rajya Sabha Chairman Jagdeep Dhankhar informed the house on Friday that a bundle of cash was found on a seat allotted to senior Congress leader Abhishek Manu Singhvi. "I hereby inform the members that during the routine anti-sabotage check of the chamber after the adjournment of the House yesterday. Apparently, a wad of currency notes was recovered by the security officials from seat number 222 which is presently allotted to Abhishek Manu Singhvi, elected from the state of Telangana..The matter was brought to my notice, and I made sure an in ...Read More >
Agartala (Tripura) [India], December 12 (ANI): Tripura Chief Minister Manik Saha inaugurated the opening ceremony of the 68th National School Games for Judo (Under-17 Girls) at NSRCC, Netaji Chowmuhani in Agartala. The competition, which will take place from December 12 to 15, will feature talent at the national level and will feature 31 teams, comprising representatives from 27 states and four organisations. Approximately 350 players, coaches, and managers are attending. Tripura's athletes have consistently excelled, earning medals in previous editions of the National School Games and Khelo ...Read More >
New Delhi: ONGC's production trend is beginning to turn after eight straight years of fall as a key new field in KG Basin ramps up and the old Mumbai High asset arrests decline. ONGC's crude production rose 3% year-on-year in November to 53,804 tonnes per day (tpd) and the output growth so far in December has accelerated to 4.2% to 54,535 tpd, according to people with knowledge of the matter. The output was marginally higher in three of the first seven months this fiscal year but there is a cle ...Read More >
Dozens of two-wheelers skidded on a Hyderabad road after an oil tanker leaking fuel passed from the area. The incident which occurred on Hyderabad's Kushaiguda-Nagaram road left several bikers injured. In a video, which went viral after the accident, men and women were seen sprawled on the road along with their fallen two-wheelers. While some of them are still on the road, others can be seen attempting to pick up their vehicles. "A road stretch between ECIL & Keesara has turned slick due to a diesel spill. Motorists are urged to drive carefully and consider alternate routes to avoid accident ...Read More >
New Delhi [India], December 3 (ANI): Oilfields (Regulation and Development) Amendment Bill, 2024 to expand the definition of mineral oils and include petroleum and natural gas passed in the Rajya Sabha on Tuesday. The bill was introduced by Union petroleum and natural gas minister Hardeep Singh Puri for consideration and passing. The Bill will regulate the exploration and extraction of natural gas and petroleum. The amended bill expands the definition of mineral oils to include petroleum and natural gas in it. Also Read | Pune: Doctors Perform Rare Laser Surgery on Woman Pregnant With Monoam ...Read More >
Punjab farmer leader Jagjit Singh Dallewal's hunger strike enters its 17th day. His health is critical. The Supreme Court urges dialogue between the government and Dallewal. Dallewal demands MSP guarantee and other farmer-centric issues. He has written an open letter to the Prime Minister. Farmers' organizations continue their protests at the Punjab-Haryana border.The Supreme Court on Friday expressed serious concern over the deteriorating health of Punjab farmer leader Jagjit Singh Dallewal, who ...Read More >
VMPL New Delhi [India], December 18: Five months after the launch of the "Go Green with Taiwan" project by Taiwan International Trade Administration (TITA) and Taiwan External Trade Development Council (TAITRA), and after receiving a total of 396 proposals from 45 countries around the world, the most exciting part is finally here. On December 9, 2024, the Top 5 finalists went on an all-expense paid trip to Taiwan where they presented their entries and convinced a distinguished panel of experts and judges from Taiwan that their entries can and will help change the way we live and establish a ...Read More >
Jalgaon (Maharashtra) [India], January 22 (ANI): Maharashtra Chief Minister Devendra Fadnavis announced Rs 5 lakh ex gratia to the families of the victims who died in the Jalgaon train accident on Wednesday. The state government will also bear all the medical expenses of the injured, the CM said. Atleast 11 people have died and 6 others injured after Karnataka Express hit passengers in the Jalgaon district of Maharashtra. The passengers of the Pushpak Express had stepped outside their coaches due to a suspected fire on the train, and while outside the Karnataka Express passed through the adj ...Read More >
Still, the ongoing U.N. climate talks have thrown a spotlight on their efforts to tackle global warming. While the COP29 summit in Baku, Azerbaijan, is tasked with agreeing a goal to mobilize hundreds of billions of dollars for climate, leaders of the Group of 20 major economies half a world away in Rio are holding the purse strings. G20 countries account for 85% of the world's economy and are the largest contributors to multilateral development banks helping to steer climate finance. "The spotlight is naturally on the G20. They account for 80 percent of global emissions," U.N. Secretary Ge ...Read More >
NDIA bloc leaders, who submitted a notice of no-confidence motion against the Rajya Sabha Chairman Jagdeep Dhankhar on Wednesday, blamed the chair for not allowing them to speak in the Rajya Sabha. The leaders held a joint press conference labelling several charges against the chairman. "His behaviour (RS chairman) has damaged the dignity of the country. He has brought such a situation in the history of parliamentary democracy that we had to bring this notice for the resolution (of no confidence ...Read More >
A crucial round of negotiations on a global plastic pollution treaty has begun in Busan, South Korea. Led by Norway and Rwanda, 66 countries and the EU are pushing for a legally binding agreement to control plastic production, consumption, and waste management. However, key points of contention include limits on plastic production and the ban of single-use plastics. With plastic production set to rise 70% by 2040, negotiators aim to protect human health and the environment while promoting recycling, reducing harmful chemicals, and supporting sustainable plastic practices. Industry leaders and ...Read More >