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.
Z-Morh Sonamarg Tunnel: The Z-Morh Tunnel, now officially named the Sonamarg Tunnel, has been inaugurated by Prime Minister Narendra Modi on January 13, marking a significant milestone in improving connectivity in Jammu and Kashmir. This 6.5 km-long tunnel is part of the larger Zojila Tunnel project and is designed to provide all-weather access from Srinagar to Ladakh, ensuring year-round travel despite harsh weather conditions. Located near Gagangir village, ahead of Sonamarg, the tunnel is constructed to ensure uninterrupted connectivity to Sonamarg, a popular tourist destination in the Kashmir Valley, which is prone to snow avalanches during winter. For years, the region has remained cut off for months due to heavy snow. The Z-Morh Tunnel is expected to resolve this, allowing year-round access. The tunnel's name derives from the Z-shaped bend of the road where it has been constructed, a feature of the challenging terrain in the region. The Z-Morh Tunnel is located near Gagangir village, ahead of Sonamarg. Sonamarg, a popular tourist spot, often gets cut off in winter due to snow avalanches. Now, this tunnel will allow people to travel to Sonamarg and beyond, no matter the weather. The idea for the tunnel began in 2012 when the Border Roads Organisation (BRO) started planning it. The construction was later taken over by the National Highways and Infrastructure Development Corporation Limited (NHIDCL), which gave the contract to APCO Infratech. While the project was expected to finish in 2023, it faced delays, including an attack that killed seven workers. The tunnel had a soft opening in February 2024, and the formal inauguration took place in January 2025. The Z-Morh Tunnel holds immense strategic value, particularly in its role in improving connectivity between Srinagar, Kargil, Leh, and Drass. Its completion is vital for the ongoing Zojila Tunnel project, which aims to link Srinagar to Ladakh via a tunnel at 12,000 feet above sea level. The Z-Morh Tunnel will not only enhance civilian access but is crucial for military logistics as it provides quicker road access to the strategically important Ladakh region, located near the sensitive borders with Pakistan and China. Also Read: Mehbooba Mufti Compares J-K Visits Of PM Modi, Vajpayee: 'Difference Between Shortsighted Politician And...' The tunnel will allow the Indian Army to transport troops and supplies efficiently, reducing reliance on air support and minimizing costs associated with aircraft transport. This is particularly important as India maintains a strong military presence in high-altitude areas like Siachen Glacier and Eastern Ladakh, which have witnessed increased tensions, especially since the 2020 border standoff with China. The Z-Morh Tunnel is a game-changer for both civilians and the military, ensuring safer, quicker, and all-weather connectivity to Ladakh. Its completion paves the way for smoother and more strategic operations along one of India's most sensitive and challenging borders.
Mumbai: The birth of three penguin chicks at Mumbai's Veermata Jijabai Bhosale Udyan and Zoo has sparked an unexpected row not over their care, but their names. BJP functionary Nitin Bankar from the Byculla Assembly constituency has objected to the chicks being given English names, insisting they be named in Marathi instead. The BMC is expected to respond by June 10, after which Bankar will decide his next move. Speaking to The Free Press Journal, Bankar said, "When penguins were brought from abroad, we accepted that their names would be in English. But these chicks were born on the soil of M ...Read More >
Katra, Jun 5: Lieutenant Governor Manoj Sinha Thursday said that Jammu and Kashmir was stronger, prosperous than ever and witnessed unprecedented growth under the leadership of Prime Minister Narendra Modi. Inspecting arrangements in Katra ahead of PM Modi's scheduled public meeting on Friday, LG Sinha said, "Inauguration and foundation stone laying of key infrastructure projects are examples of the PM's commitment to J&K to ensure speedy and inclusive development." He said that the much-awaited inauguration of Chenab and Anji Rail Bridge and flag-off of the Vande Bharat trains by PM Modi wo ...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, 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 >
Ladwa (Haryana) [India], May 22 (ANI): Haryana Chief Minister Nayab Singh Saini on Thursday carried out the Tiranga Yatra to honour armed forces for Operation Sindoor. The CM, in his address to the people, stated that the rallies were occasions to pay true homage to the sense of patriotism and sacrifice. "Tiranga Yatra is being organised in Ladwa today. Tiranga Yatras are being organised across the country...These Yatras are not just events but occasions to pay true homage to the sense of patriotism and sacrifice...This Yatra is not just of the tricolour, this is a Yatra of our pledge, brave ...Read More >
KATRA, Jun 5: Lieutenant Governor Shri Manoj Sinha inspected arrangements in Katra on Thursday ahead of Hon'ble Prime Minister Shri Narendra Modi's scheduled Public Meeting on 06th June. The Lieutenant Governor reviewed the preparations to ensure the smooth conduct of the event and directed the officials for strict security, safety measures and seamless coordination among all departments. Hon'ble Prime Minister will dedicate the iconic Chenab Bridge, the tallest railway bridge in the world, Country's first cable-stayed Anji rail bridge and Udhampur-Srinagar-Baramulla Rail Link (USBRL) project ...Read More >
SRINAGAR: The National Investigation Agency (NIA) on Thursday raided and subsequently searched 32 locations across Kashmir Valley as part of its "continuing investigations against terror conspiracy by Pakistan backed proscribed terrorist organisations and their offshoots to destabilise Jammu and Kashmir". The locations, it claimed, were residential premises of hybrid terrorists and overground workers associated with The Resistance Front (TRF), United Liberation Front Jammu & Kashmir (ULFJ&K), Mujahideen Gazwat-ul-Hind (MGH), Jammu & Kashmir Freedom Fighters (JKFF), Kashmir Tigers, PAAF and ot ...Read More >
Jammu: Jammu and Kashmir Lt Governor, Manoj Sinha, Chief Minister Omar Abdullah and Union ministers Ashwini Vaishnaw and Jitendra Singh reached Katra in Reasi district on Thursday to review arrangements a day ahead of Prime Minister Narendra Modi's visit, officials said. On Friday, the prime minister is scheduled to inaugurate the Chenab bridge and the Anji bridge, India's first cable-stayed bridge, the symbol of the country's engineering excellence, before flagging off Vande Bharat trains to mark the completion of the 272-km Udhampur-Srinagar-Baramulla Railway Link (USBRL) that will provide ...Read More >
Srinagar: Railway stations across the Kashmir Valley have been beautifully decked out as preparations peak for Prime Minister Narendra Modi to flag off the inaugural Delhi-Srinagar Vande Bharat Express -- the first-ever train connecting the valley directly to the rest of India. This landmark train will depart from Delhi and travel through Katra, the gateway to the revered Mata Vaishno Devi shrine, before reaching Srinagar. The event marks the successful culmination of one of India's most ambitious infrastructure projects, featuring two engineering marvels: the world's highest railway bridge o ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
New Delhi: The annual all-India conference of directors general of police and inspectors general of police will begin in Bhubaneswar on Friday where issues related to internal security, Jammu and Kashmir, and pro-Khalistan elements, among others are likely to be discussed, officials said. Prime Minister Narendra Modi, Union Home Minister Amit Shah and National Security Adviser (NSA) Ajit Doval, among others will attend the three-day conference where cyber crimes, challenges posed by AI tools and threats emanating from drones are also expected to be discussed. About 250 officers of DGP and IGP ...Read More >
Katra (Jammu and Kashmir) [India], June 5 (ANI): Jammu and Kashmir Chief Minister Omar Abdullah and Union Minister Jitendra Singh inspected the Katra railway station and the Vande Bharat train on Thursday ahead of Prime Minister Narendra Modi's visit on June 6. PM Modi will flag off the first Vande Bharat train to Kashmir on Friday. CM Omar Abdullah said, 'If I tell you that I have been waiting for this moment for a long time, it will still not be enough. This rail project began when I was in the 7th or 8th class. Now, even my children have started working after completing school and college ...Read More >
Ramban (Jammu and Kashmir) [India], June 6 (ANI): Security forces conducted thorough inspections and heightened vigilance in Ramban, ahead of Prime Minister Narendra Modi's visit to Katra on Friday. Prime Minister Modi will inaugurate the Chenab Bridge, the world's highest railway bridge, and flag off the Vande Bharat Express train between Katra and Srinagar. Security personnel conducted sweeping inspections, including dog squad deployments and comprehensive vehicle checks. Also Read | Chinnaswamy Stampede: Karnataka CM Siddaramaiah Suspends Bengaluru Police Commissioner B Dayananda, Orders ...Read More >
Indian Army Chief General Upendra Dwivedi stated that the army has shifted Jammu and Kashmir's focus from "terrorism to tourism" while working towards 'Viksit Bharat 2047.' He emphasized the army's contribution to national security, development, and disaster relief, highlighting its role in achieving a "Progressive" and "Peaceful" India.Chief of Army Staff (COAS), General Upendra Dwivedi said that while moving towards the goal of 'Viksit Bharat 2047,' the army has been able to transform the idea of Jammu and Kashmir from "terrorism to tourism." While addressing an event at Savitribai Phule Pu ...Read More >
New Delhi, Dec 12 (PTI) The Union Cabinet on Thursday approved bills to implement 'One Nation, One Election', and the draft legislations are likely to be introduced in Parliament in the ongoing Winter session, sources said. The decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi. The government is keen on holding wider consultations on bills which are likely to be referred to a parliamentary committee. Sources said the government was also keen to consult the Speakers of various state legislative assemblies through the committee. Moving ahead with it ...Read More >
Srinagar, June 05: Prime Minister Narendra Modi on Thursday said that June 6 is indeed a special day for my sisters and brother of Jammu and Kashmir as key infrastructure projects worth Rs 46,000 crore are being inaugurated including Udhampur-Baramulla-Srinagar Rail Link (USBRL) project. The PM Modi said USBRL project will ensures all weather connectivity and the Vande Bharat trains from Shri Mata Vaishno Devi Katra to Srinagar will boost spiritual tourism and create livelihood opportunities. In a post on X (formerly Twitter), Prime Minister Modi said: "Tomorrow, 6th June is indeed a special ...Read More >
NEW DELHI: To achieve the goal of 2047 and make India a global phenomenon, we need to follow global strategies and parameters, said Union minister Dr Jitendra Singh at the "India Economic Conclave" organised by a media house in New Delhi on Saturday. India's space, marine and Himalayan resources, which remained inadequately explored before PM Narendra Modi took over, will contribute substantially to India's future economic growth. While answering to a question on how India can unleash benefits out of its natural resources in future in terms of creative growth, the minister said that Prime Mi ...Read More >
Prime Minister Narendra Modi on Saturday said his government's policies and decisions were aimed at boosting India's strength and unity in line with the Constitution, while the opposition Congress had "tasted blood" by repeatedly wounding it.Prime Minister Narendra Modi on Saturday said his government's policies and decisions were aimed at boosting India's strength and unity in line with the Constitution, while the opposition Congress had "tasted blood" by repeatedly wounding it. Replying to a t ...Read More >
New Delhi [India], December 18 (ANI): Chinese Ambassador to India, Xu Feihong on Wednesday said that China is ready to work with India and put into action the understandings between Indian and Chinese leaders. The comments come ahead of the 23rd meeting of the Special Representatives between National Security Advisor Ajit Doval and China Foreign Minister Wang Yi in Beijing. In a post on X, Ambassador Xu Feihong, "China is ready to work with India to implement the important common understandings between the leaders of China and India, respect each other's core interests and major concerns, str ...Read More >
Jaisalmer (Rajasthan) [India], January 13 (ANI): India's indigenous Anti-Tank Missile, Nag Mk 2, the third-generation Anti-Tank Fire-and-Forget Guided Missile successfully completed its field evaluation trials at the Pokhran Field Range in Rajasthan in the presence of senior officers of the Indian Army. There were three field trials conducted, with the missile systems destroying all the targets precisely- maximum and minimum range, thus validating its firing range. Also Read | 'People of India Reaffirmed Their Trust in PM Narendra Modi': Ashwini Vaishnaw Slams Meta CEO Mark Zuckerberg Over H ...Read More >
Credit: AP | The Vande Bharat Express train arrives at Srinagar railway station during a trial run ahead of its inauguration, which will connect the Kashmir Valley with the rest of India, on the outskirts of Srinagar Katra to Srinagar Vande Bharat Express: The upcoming Katra to Srinagar Vande Bharat Express is set to revolutionise travel in Jammu and Kashmir. This semi-high-speed train service will offer faster, more efficient connectivity between Shri Mata Vaishno Devi Katra (SVDK) and Srinagar, reducing the travel time drastically compared to road journeys. The Vande Bharat Express will co ...Read More >
Belagavi (Karnataka), Dec 26 (VOICE) Karnataka Chief Minister Siddaramaiah, on Thursday, paid his final respects to the mortal remains of the soldiers in Belagavi who died in an accident in Jammu and Kashmir. At the War Memorial in Belagavi, the CM offered floral tributes to the mortal remains of Subedar Dayanand Tirukannavar and Mahesh Marigond. Speaking to the media afterwards, the Chief Minister said, "The lives and careers of soldiers are of the highest honour. It is deeply saddening that soldiers from our state have been martyred in an accident. I pray for the peace of the souls of the f ...Read More >
Bhubaneswar: Chief minister Mohan Charan Majhi on Thursday announced an ambitious plan of planting 7.5 crore saplings across the state within a year. Speaking at the state-level celebration of World Environment Day at the OUAT Agriculture Education Hall in city, the CM emphasised the importance of public awareness and collective responsibility in protecting nature and ending plastic pollution. "A healthy environment is essential for a healthy society," he said.Addressing the rising threat of single-use plastic, the CM urged citizens to support a mass movement to eliminate plastic from daily li ...Read More >
The National Investigation Agency (NIA) conducted searches at 32 locations across Jammu and Kashmir, targeting a terror conspiracy orchestrated by Pakistan-based outfits. These raids focused on residential premises of hybrid terrorists and overground workers linked to groups like TRF and others affiliated with LeT and JeM. The National Investigation Agency (NIA) carried out searches at 32 locations across Jammu and Kashmir on Thursday to probe a conspiracy hatched by Pakistan-based terror outfit ...Read More >
New Delhi: Union Home Minister Amit Shah on Tuesday said that when the 'One Nation, One Election' Bill was taken up in the cabinet for approval, Prime Minister Narendra Modi suggested that the bill be sent to a Joint Parliamentary Committee (JPC) for detailed discussions. Shah said, "When the One Nation, One Election Bill was taken up in the cabinet for approval, PM Modi had said that it should be sent to the JPC for detailed discussion. If the Law Minister is willing to send the bill to JPC, the discussion on its introduction can end." Proposal Made By Union Minister Arjun Ram Meghwal Supp ...Read More >
Chaten (Sikkim) [India], June 3 (ANI): In a successful rescue operation, a group of 34 stranded individuals, including injured Army personnel, their family members, and tourists, were air evacuated from Chaten and safely landed at Pakyong Greenfield Airport. The evacuation mission was carried out by two MI-17 V5 helicopters, marking a crucial step in providing relief to those affected, as per the Government of Sikkim. Meanwhile, on June 2, Stranded tourists in Lachung were actively evacuated through a coordinated effort involving the police, residents, forest personnel, and the Lachung Hotel ...Read More >
Leh (Jammu and Kashmir) [India], May 19 (ANI): Parliamentary Affairs Minister Kiren Rijiju on Monday said that it is important to let the world know that India supports peace, however, it will take stern action against any act of terrorism. India is sending its all-party delegations to different countries in this regard, he added. "India has always supported peace. Prime Minister Narendra Modi launched Operation Sindoor in response to the killing of our innocent civilians by the Pakistan-sponsored terrorists," Rijiju told reporters here. Also Read | Sambhal Mosque Row: Allahabad High Court J ...Read More >
Srinagar, June 05: The National Investigation Agency (NIA) on Thursday conducted a series of searches across Kashmir as part of its continuing investigations against terror conspiracy by Pakistan backed proscribed terrorist organizations and their offshoots to destabilise Jammu and Kashmir. A statement issued by the agency said that thirty-two locations in the Union Territory of Jammu and Kashmir were searched as part of today's crackdown. The locations were residential premises of hybrid terrorists and overground workers associated with these Pakistan based offshoots such as The Resistance F ...Read More >
New Delhi, Feb 10 (VOICE) A large crowd was seen in the streets of Paris to welcome Prime Minister Narendra Modi who landed at the city's Orly Airport on Monday to co-chair the crucial AI Action Summit and also hold talks with French President Emmanuel Macron. Wearing colouful turbans, and traditional attires and holding the Tricolour, the India-origin crowd played instruments like Dhol singing "Modi Ki Guarantee, as PM Modi looked on. The crowd also raised slogans of "Modi Modi" to warmly welcome the visiting Indian Prime Minister. PM Modi acknowledged the crowd by greeting them with folded ...Read More >
Srinagar, Jun 02: Former chief minister and Peoples Democratic Party (PDP) president, Mehbooba Mufti Monday batted for the reservation of Kashmiri Pandits in Jammu and Kashmir, stating it was the time to remove blot on Kashmir Muslims over the exodus of Pandits. Addressing a press conference after meeting Lieutenant Governor Manoj Sinha, Mehbooba Mufti said she raised several demands, including political empowerment of Kashmiri Pandits, release of people from jails in view of Eid and incorporating locals for the smooth conduct of Amarnath Yatra. "Kashmiri Pandits need to be empowered politic ...Read More >