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.
Kerala Kallakkadal Waves: The "kallakkadal phenomenon" is expected to hit the coastal parts of Kerala and Tamil Nadu on January 15, according to a warning from the central agency. The Indian National Centre for Ocean Information Services (INCOIS) states that there is a potential risk of sea surge because the locations are expected to have waves of up to 0.5 to 1.0 metres until 11:30 pm on the day. The Kerala Disaster Management Authority (KSDMA) here recommended coastal residents to relocate to safer places from the danger-prone areas in accordance with the authorities' directives in light of the warning from the INCOIS, the organisation that offers weather alerts for fishermen nationwide. The word 'kallakkadal' literally translates to a sea that appears out of nowhere like a thief. Strong winds in the southern Indian Ocean can cause waves at specific periods, according to INCOIS, and they happen abruptly with no prior notice or warning. Thus, the term 'kallakkadal'. ALSO READ: Tamil Nadu, Andhra To See Heavy Rain On Dec 11-12, IMD Puts Kerala On Yellow Alert | Forecast According to an official statement, residents of coastal areas are encouraged to carefully moor their fishing boats in the harbour and refrain from going out to sea in small boats or country boats. Additionally, until the alert is lifted, the authorities warned against engaging in any type of beach tourism. The KSDMA further stated that increased attention should be paid to the risks of coastline erosion brought on by the surf surge.
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 >
New Delhi: Most parts of India are likely to receive above-normal rainfall in July, the Weather department said on Monday, asking authorities and people in central India, Uttarakhand and Haryana to stay alert due to the risk of flooding even as some parts of the country are facing the fury of the monsoons. In rain-induced damages in parts of Himachal Pradesh, while buildings collapsed, landslides and road blockades added worries to the woes of the people in the hill state on Monday. With major rivers in north Odisha in spate, the state government has started evacuating people from low-lying a ...Read More >
SHIVAMOGGA: Union Minister for Road Transport and Highways Nitin Gadkari is scheduled to inaugurate the bridge across Sharavathi backwaters between Ambargodlu and Kalasavalli on National Highway 369E on Monday. The much-anticipated cable-stayed bridge over the Sharavathi backwaters is the longest in the state and second longest in the country, stretching 2.44 km. Built at Rs 472 crore, it will improve connectivity to several villages in Sagar and Hosanagara taluks, as well as to popular temples like Sigandur Chowdeshwari and Kollur Mookambike. The bridge was built to address long-standing co ...Read More >
Bengaluru: Days after Russian woman Nina Kutina was taken into custody for living in a cave inside the forest near Gokarna with her two daughters, her ex-husband, an Israeli citizen, is demanding shared custody of their daughters."I just want to be able to see my daughters a few times a week and take care of them. My concern is that if they go to Russia now, it will be tougher to keep in touch with them. I wish they could stay in India," Goldstein said on Wednesday.Dror Goldstein, 38, who lives f ...Read More >
New Delhi: Northwest India has been experiencing heavy rainfall lately, which has also led to a drop in the temperature level. Last week, the Northwest received 102 per cent more rainfall than usual. However, the monsoon has not yet entered all the areas. Regarding the mountains, the landslides caused by continuous rain are proving fatal for the people. At many places, the roads are blocked due to falling rocks, causing difficulties for passersby. Apart from this, rivers, drains, ponds and canals are also in spate here. The water level is increasing. Monsoon rains are also occurring in South ...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 >
Amritsar: BJP MP Nishikant Dubey from Jharkhand has claimed that Britain assisted India in executing the 1984 Operation Bluestar at the Golden Temple in Amritsar, stoking a new controversy.In a post on X on Monday, Dubey alleged that then PM Indira Gandhi "launched an attack on the Golden Temple in collaboration with Britain", with British Army officers present in Amritsar.He uploaded a classified British document, "Sikh Community", claiming that on Feb 23, 1984, the UK Foreign and Commonwealth Office mentioned in a letter that the Indian govt had sought British advice over a plan to remove Si ...Read More >
New Delhi: Monsoon is at its peak these days, due to which it is raining heavily in various parts of the country. It is raining heavily in the hilly areas of Uttarakhand and Himachal Pradesh. The situation is so bad that cloudburst has worsened the situation in Himachal Pradesh in many places. Due to landslide debris falling on the Kedarnath Badrinath highway, the passersby had to face difficulties. After about three hours of hard work, the debris was removed and the road was opened for the passersby. A woman was swept away due to a cloudburst in Chamba, Himachal Pradesh, and is still missing ...Read More >
Ahmedabad, July 14 (PTI) The Gujarat High Court on Monday directed a man, facing contempt of court for attending a virtual court hearing while relieving himself on a toilet seat, to deposit Rs 1 lakh with the court's registry after observing that he was ready to tender an unconditional apology. The incident occurred on June 20 when Justice Nirzar S Desai was hearing a case. A video of the man soon went viral, prompting the high court to initiate suo motu contempt proceedings. On Monday, the division bench of Justices AS Supehia and RT Vachhani directed the man, identified as Samad Abdul Rehm ...Read More >
The National Disaster Response Force (NDRF) has deployed 18 teams across Maharashtra for rapid rescue and relief operations, as the India Meteorological Department (IMD) has predicted above-normal monsoon rainfall this year, with urban areas like Mumbai already showing signs of strain, Mid-day reported. Between May 25 and 26, NDRF teams responded to emergencies in Pune, Solapur, and Satara. While local agencies managed to rescue nine people in Baramati and Indapur, NDRF teams were redirected to Phaltan in Satara and Kurubavi in Solapur. In Solapur, a team carried out a midnight rescue operati ...Read More >
Mumbai, Jun 8 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Sunday said Congress MP Rahul Gandhi, instead of introspecting on the defeat in the 2024 state assembly polls, has been repudiating the mandate given by the people because they rejected him. The leader of opposition in the Lok Sabha is preparing his excuses for future defeats in the upcoming assembly elections, including Bihar, Fadnavis said in his articles published in the Indian Express and Marathi daily Loksatta. On Saturday, Gandhi, in an article published in several newspapers and in posts on X, claimed the 2024 Maharas ...Read More >
New Delhi: The India Meteorological Department (IMD) predicts heavy to very heavy rainfall over many parts of northwest, central, east and northeast India during next seven days. The southwest monsoon crucial for kharif sowing has further advanced over remaining parts of north Arabian Sea, some more parts of Rajasthan, West Uttar Pradesh, Haryana and Punjab. "Conditions are favourable for further advance of Southwest monsoon over some more parts of Rajasthan, Punjab, Haryana, Delhi and remainin ...Read More >
Pune: The Pune city and ghat areas which witnessed subdued rainfall activity last week are expected to see a marginal increase in rains this week, stated a Met department forecast.The IMD has issued a yellow alert for the ghat areas of Pune for Monday.According to India Meteorological Department (IMD) officials, a number of weather systems are present in the country which are boosting the chances of rainfall."The weather systems include an upper air cyclonic circulation near the Bay of Bengal. A ...Read More >
Chennai, Jul 15 (PTI) The ManipalCigna Health Insurance Company Ltd has planned to expand its footprint in Tamil Nadu with 10 more branches and add over 10,000 advisors across South India. ManipalCigna Health Insurance Company Ltd is a joint venture between Manipal Group, an eminent player in healthcare delivery and higher education and global health services company Cigna Healthcare. Also Read | Aadhaar Free Update: Government Requests Parents to Update Children's Aadhaar Biometrics Between Age 5-7, Free of Cost. Citing a data from the General Insurance Council (GIC), ManipalCigna said it ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped inside a residential building that caught fire, the DCP said. With the help of police personnel and fir ...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, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
New Delhi [India], July 7 (ANI): Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, on Monday announced multiple initiatives by the Government to boost the waterways and maritime sector in the region. With an investment of 5,000 crores earmarked, the Union Government has drawn up major initiatives in this regard, a release from the Ministry of Ports, Shipping and Waterways said. As per the release, over the past 11 years, the Ministry of Ports, Shipping, and Waterways (MoPSW) has transformed India's maritime sector, achieving record growth in cargo handling, capacity, and co ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
Dharamshala (Himachal Pradesh) [India], June 5 (ANI): Fresh snowfall on Thursday caused a sharp drop in temperature in the Dhauladhar mountain ranges in Himachal Pradesh. Snowfall on the higher reaches is very rare in June. The minimum temperature in Dharamshala was recorded at 16 degrees Celsius, whereas the maximum temperature was 21 degrees Celsius. Also Read | OpenAI Academy India: ChatGPT Developer Launches First International Initiative To Expand Education Platform Partnering With IndiaAI Mission in Country. It has been raining every day for a week in Dharamshala. Tourism industry peo ...Read More >
Colombo, June 29 (Daily Mirror) - The Sri Lanka Navy seized an Indian fishing boat and apprehended eight Indian fishermen while they were poaching in Sri Lankan waters north of Mannar, during a special search operation conducted early this morning. The North Central Naval Command spotted a group of Indian fishing boats engaging in illegal fishing, trespassing into Sri Lankan waters in the early hours of today and deployed its Inshore Patrol Craft to drive away the Indian fishing boats from island waters, north of Mannar, the Sri Lanka Navy said. The navy seized one Indian boat and apprehende ...Read More >
New Delhi, June 30 (PTI) Most parts of India are likely to receive above-normal rainfall in July, the weather department said on Monday, asking authorities and people in central India, Uttarakhand and Haryana to stay alert due to the risk of flooding even as some parts of the country are facing the fury of the monsoons. In rain-induced damages in parts of Himachal Pradesh, while buildings collapsed, landslides and road blockades added worries to the woes of the people in the hill state on Monday. Also Read | Was Samruddhi Expressway Flooded After Heavy Rainfall in Maharashtra? Videos of Wate ...Read More >
Mumbai On High Alert: Unidentified Boat Spotted Near Raigad Coast; Security Protocols Increased (VIDEO) | Representatinal Image A high-alert security scare off the Raigad coast late on Saturday evening triggered a swift and extensive response from the Mumbai Crime Branch, Raigad Police, and multiple maritime security agencies. The suspected Pakistani boat, which was initially believed to pose a possible infiltration threat, was ultimately identified as a floating fishing net buoy commonly used by local fishermen.The suspected Pakistani boat, which was initially believed to pose a possible inf ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent muted demand scenario. Select companies from metals, pharmaceuticals, cement, banking and finance and ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >
Udupi: Three fishermen have gone missing after their traditional fishing boat capsized off the Gangolli coast in Udupi district. The missing have been identified as Suresh Kharvi, Rohith Kharvi and Jagadish Kharvi of Malyarubettu. They were part of a group of four fishermen who had ventured into the sea for fishing in a boat owned by Suresh Kharvi. According to sources, the sea turned rough during the trip. When the fishermen attempted to return to shore, the boat reportedly overturned due to t ...Read More >
UDUPI: The body of a missing fisherman was recovered on Wednesday evening. The deceased is Jagannath, 50.In a complaint, Akash said that his uncle went fishing on June 15 at around 6 am, along with Suresh, Lohith, and Santosh in a gillnet fishing boat named Sri Hakrematha Yaksheshwari. After completing their fishing trip, they were returning and nearing the outer gate of the Gangolli port when they were caught in a sudden and intense storm. A strong wave hit the boat, causing all four men to fall into the sea along with the boat.Of the four, Santosh was rescued by fishermen from a nearby boat, ...Read More >
Lucknow, Jul 17 (PTI) To curb illegal mining and transportation, the Uttar Pradesh government is deploying advanced technologies under the Integrated Mining Surveillance System (IMSS), a release said on Thursday. Mining activities are already being monitored through drones, geo-fencing, RFID tags, and AI-powered check gates. Now, the state is set to introduce 'Weigh-In-Motion' (WIM) technology to accurately track vehicle overloading. Also Read | 'Arvind Kejriwal Used Government Funds to Buy Mobiles Costing Up to INR 1.63 Lakh', Claims Delhi Minister Ashish Sood. According to the official re ...Read More >
Jammu, Jul 18 (PTI) Senior officials of the Jammu and Kashmir government reviewed the arrangements for the smooth conduct of the 13-day-long Budha Amarnath pilgrimage in Poonch district that will begin on July 28. Deputy Inspector General of Police Tejinder Singh reviewed security in Poonch and stressed ensuring the safety of the devotees. "The first batch will depart from the Bhagwati Nagar basecamp in Jammu on July 28, moving towards the Mandi tehsil in Poonch in a regulated convoy amid full security arrangements," a spokesperson said. Jammu Divisional Commissioner Ramesh Kumar and Inspec ...Read More >