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.
MARTOLI, India (AP) - Dozens of dilapidated stone buildings are what is left of the once-thriving border village of Martoli, in the northern Indian state of Uttarakhand. Nestled in Johar Valley and surrounded by Himalayan peaks - the most notable being Nanda Devi, once considered the tallest mountain in the world - this village had traded sugar, lentils, spices and cloth for salt and wool with Tibetans across the border. The nomadic occupants of several villages spent the winter months in the pl
SOLAPUR, India (Reuters) - India is likely to produce a record amount of sugar in the next marketing year from October after millions of farmers expanded cane cultivation, encouraged by ample water supplies and declining prices of competing crops, farmers and industry officials told Reuters. The rebound in production would allow the world's second-largest sugar producer to resume exports in 2025/26, they said, after a lack of rain cut cane yields and led to two years of restrictions. Indian exports could cap global sugar prices, traders said, by increasing supplies in the world market at a t ...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 >
DHARAMSHALA, India, - The choice of a successor to the Dalai Lama, the spiritual head of Tibetan Buddhists, is a matter of riveting interest not only for followers of his religion, but also China, India, and the United States, for strategic reasons. The Nobel peace laureate, who turns 90 on Sunday, is regarded as one of the world's most influential figures, with a following extending well beyond Buddhism. HOW WAS HE CHOSEN? Tibetan tradition holds that the soul of a senior Buddhist monk is reincarnated after his death. The 14th Dalai Lama, born as Lhamo Dhondup on July 6, 1935, to a farmin ...Read More >
DHARAMSHALA, India - The Dalai Lama will address a major three-day gathering of Buddhist religious figures this week ahead of his 90th birthday, as his followers wait for the Tibetan spiritual leader to share details about his succession in a move that could irk China. Beijing views the Dalai Lama, who fled Tibet in 1959 after a failed uprising against Chinese rule, as a separatist and says it will choose his successor. The Dalai Lama has said his successor will be born outside China and urged his followers to reject anyone chosen by Beijing. Tibetan Buddhists hold that enlightened monks are ...Read More >
DHARAMSHALA, India: The Dalai Lama said on Wednesday (Jul 2) that he will be reincarnated and that his non-profit institution will have the sole authority to identify his reincarnation, countering China's insistence that it will choose the successor of the Tibetan Buddhist leader. The remarks by the Dalai Lama, who turns 90 on Sunday, end speculation among millions of followers about whether there would be another Dalai Lama after his death. The Nobel peace laureate was speaking during a week of celebrations to mark his birthday which was expected to be closely watched by the US, India and Ch ...Read More >
Dharamshala (Himachal Pradesh) [India], July 2 (ANI): As the Dala Lama left the decision of his successor to the Gaden Phodrang, leaving no role for the Chinese, Penpa Tsering Sikyong, President of the Central Tibetan Administration, said that the Tibetan people will never accepy China's usage of reincarnation for political gain. 'During the 15th Tibetan religious conference held in Dharamsala... a consensus was reached on the following important points- The core process of recognising the reincarnation of the Dalai Lama is as per the unique Tibetan Buddhist tradition. Hence, we not only stro ...Read More >
New Delhi [India], July 4 (ANI): The spiritual head of Ajmer Dargah, Hazrat Dewan Syed Zainul Abedin Sahab, on Friday said that the Dalai Lama has the 'full and unquestionable right' to declare his successor, according to an official release issued on the occasion of the 90th birthday of His Holiness the 14th Dalai Lama. On the auspicious occasion, Hazrat Dewan Syed Zainul Abedin Sahab extended heartfelt greetings and conveyed his blessings for the long life and continued good health of the revered Tibetan spiritual leader. As per the release, Hazrat Dewan Sahab said, 'Dalai Lama is a purely ...Read More >
Srinagar, June 30: Chief Minister Omar Abdullah on Monday said that the ongoing Buyer-Seller Meet in Kashmir is not aimed at attracting tourists but at forging meaningful trade relationships that support local artisans and strengthen the region's handicrafts economy. "Tourists don't come for buyer-seller meets anywhere. This event is meant for buyers -- both domestic and international -- who are here to source in bulk, not to make one-off purchases," Omar said while speaking to reporters at the Sher-i-Kashmir International Conference Centre (SKICC), the venue of the Buyer-Seller Meet-2025. T ...Read More >
Chandigarh, Jul 1 (PTI) Punjab registered a record 44.44 per cent growth in net goods and services tax collections at Rs 2,379.90 crore in June 2025, said Finance Minister Harpal Singh Cheema on Tuesday. Addressing the media here, Cheema said Punjab outpaced the national average in GST collection growth, firmly positioning itself among the top-performing states in tax mobilization despite facing national and geopolitical challenges, including border-related tensions. Also Read | Who Is PVN Madhav? Here's Everything You Need To Know About the Newly Appointed Andhra Pradesh BJP President. The ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
DEHRADUN: Uttarakhand Chief Minister Pushkar Singh Dhami announced on Thursday that the state government has decided to temporarily suspend the Char Dham Yatra due to the bad weather conditions CM Dhami noted that the safety of the pilgrims is the government's priority. "Considering the weather, the Char Dham yatra has been temporarily halted. In the future, we will proceed with the yatra in accordance with the weather. When the yatra is safe, it will continue... Our priority during the yatra is the safety of all pilgrims... All our district officials, disaster management teams, National Dis ...Read More >
Jhansi: A bomb threat delayed the Durg-bound Chhattisgarh Sampark Kranti Express on Friday night, when it was halted at Virangana Laxmibai Jhansi railway station for nearly an hour. The threat turned out to be a hoax, and the train resumed its journey after a thorough inspection. According to SP, GRP, Vipul Srivastav, after the train left Hazrat Nizamuddin railway station in Delhi around 6pm on Friday, a call was recieved at the railway helpline 139, claiming that a bomb had been planted in a sleeper coach of the train. The railway control room in Lucknow started preparations for search of the ...Read More >
Silica is an essential mineral for strong, healthy hair, but it's often missing from our daily diets. For vegans, adding silica-rich foods to your routine can transform your hair health. This article lists down yummy and healthy vegan snacks that are not only easy to make but also rich in silica. They provide a delicious way to strengthen your hair. Cucumbers are rich in silica, and turning them into chips is a delicious way to enjoy a healthy snack. Just thinly slice cucumbers, season with your favorite herbs and spices, and bake until crispy. These chips provide hydration with their high wa ...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 >
Srinagar, Jun 06: Political leaders in Jammu and Kashmir have extended greetings to the people on the auspicious occasion of Eid-ul-Adha. They expressed hope that the revered occasion brings peace and prosperity to the region. Dr Farooq Abdullah National Conference (NC) president, Dr Farooq Abdullah conveyed his heartfelt greetings to the people on Eid-ul-Adha, wishing them peace, prosperity and unity. In his message, Dr Abdullah reflected on the profound significance of the day, saying, "As the Muslim Ummah comes together in celebration of Eid-ul-Azha, I extend my warmest greetings to ever ...Read More >
Jammu: Jammu and Kashmir Lieutenant Governor Manoj Sinha on Friday termed the inauguration of the Chenab and Anji rail bridges by Prime Minister Narendra Modi as a "historic moment" in the region's development journey."What a momentous day! June 6, 2025, will go down in history. Hon'ble PM Shri Narendra Modi Ji inaugurated the Chenab Bridge, the world's highest railway arch bridge, and the Anji Bridge, India's first cable-stayed rail bridge -- making the dream of connecting Kashmir to Kanyakumari a reality," Sinha said in a post on X. Sinha declared that the long-held vision of connecting Ka ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
DHARAMSHALA, India - The Dalai Lama will meet 11 senior Buddhist monks on July 2 morning before delivering a written statement that will "most probably" talk about his eventual succession as the spiritual head of Tibetan Buddhists, an official said. Tibetan Buddhists believe that enlightened monks are reborn to continue their spiritual legacy. The 14th Dalai Lama will turn 90 on July 6 and has long been expected to use the occasion to share possible clues on where his successor, a boy or a girl, could be found following his death. Beijing views the Dalai Lama, who fled Tibet in 1959 after a ...Read More >
Dharamshala, India/Hong Kong (CNN) -- The Dalai Lama has announced that he will have a successor after his death, continuing a centuries-old tradition that has become a flashpoint in the struggle with China's Communist Party over Tibet's future. Tibetan Buddhism's spiritual leader made the declaration on Wednesday in a video message to religious elders gathering in Dharamshala, India, where the Nobel Peace laureate has lived since fleeing Tibet after a failed uprising against Chinese communist rule in 1959. "I am affirming that the institution of the Dalai Lama will continue," the Dalai Lama ...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 >
Officials say the train will help the troubled region, but many Kashmiris see it as a tool to entrench the Indian government's control. After decades of highly complex engineering work and billions of dollars in investment, India has finally connected the Himalayan region of Kashmir by rail to the rest of the country. The train link, which was officially inaugurated on Friday, fulfilled a dream dating back to the British colonial era. Indian officials called it a transformative leap for the res ...Read More >
NEW DELHI (AP) -- Prime Minister Narendra Modi on Friday inaugurated one of the most ambitious railway projects ever built in India, which will connect the Kashmir Valley to the vast Indian plains by train for the first time. Dubbed by government-operated Indian Railways as one of the most challenging tracks in the world, the 272-kilometer (169-mile) line begins in the garrison city of Udhampur in Jammu region and runs through Indian-controlled Kashmir's main city of Srinagar. The line ends in Baramulla, a town near the highly militarized Line of Control dividing the Himalayan region between ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Dharamshala (Himachal Pradesh) [India], July 4 (ANI): Sikyong Penpa Tsering, President of the Tibetan Government-in-Exile on Friday strongly criticized China's interference in Tibetan religious matters, particularly regarding the selection of the Dalai Lama's successor. He expressed concern over China's attempts to dictate the spiritual leadership of Tibet, questioning the government's motives and disregard for religious freedom amid preparations for the upcoming birthday celebrations of the Dalai Lama. Also Read | 'Stop Interfering in China's Internal Affairs': Beijing Urges India to Act Ca ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >
Baramulla, Jul 5: Hundreds of mourners from Delina and its neighbouring villages Saturday participated in the Muharram procession, the 9th day of the month of Muharram-Ul-Haram at Delina area of north Kashmir's Baramulla district. The procession was one of the series of processions being held in the month of Muharram, the first month of Islamic calendar. Dressed in black and carrying flags bearing religious inscriptions, participants from the villages of Hygam, Bulgam, Bohripora, Syedpora, Uri, Boniyar and other villages marched from new Imambargah through the National Highway NH-1 to the ma ...Read More >
NEW DELHI: India's new approach to treat any act of terror as an act of war has added a new dimension to the Navy's operational outlook after the conduct of Operation Sindoor against Pakistan, Admiral Dinesh K Tripathi said Friday."We must be prepared for this new normal," the Navy chief said at an investiture ceremony here. Over 35 Indian warships and submarines led by aircraft carrier INS Vikrant, with its MiG-29K fighters, were forward deployed in a dissuasive deterrent posture against Pakistan in the northern Arabian Sea last month."Our ships, submarines and aircraft were operationally rea ...Read More >