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: Vedanta Group Founder and Chairman Anil Agarwal on Friday said that today, nothing can happen without India's presence. Speaking at the NDTV World Summit 2025, Agarwal said I always believe that the world has progressed because of what lies 'below the ground.' Agarwal also pointed out India's vast reserves of precious ressources. "The world's best reserve of gold is in India. The best reserve of diamonds is also in India," he said, highlighting the country's rich mineral wealth. Addressing the summit's session on "Building Bharat: Purpose, Profit, Planet," Agarwal emphasised India's immense potential in mining and natural resources. "The only way to move forward is to produce your own gas, copper, silver - anything you talk about is 'below the ground,'" he said. He revealed that Vedanta currently fulfills half of the country's silver requirement and highlighted the need for larger companies to step up with a unified goal of taking India forward. The Vedanta founder also spoke about the opportunities available for India's youth.
Bengaluru -- Gold prices rose for a second session on Tuesday as the dollar weakened, with markets evaluating the possible consequences of US President Donald Trump's policies in his second term after his inauguration. Spot gold gained 0.6% to $2,724.74/oz by 2.40am GMT. US gold futures was 0.2% lower at $2,742.50. The dollar was down about 1% after reports suggested any new taxes would be imposed in a "measured" way. A weaker dollar makes gold more attractive to foreign buyers. "There is a sense of relief in risk sentiment to know that tariffs have not been an immediate focus. The unwindin ...Read More >
Berhampur (Odisha), Jun 6 (PTI) Environmental activist Medha Patkar on Saturday appealed to the people of Odisha for protection of Rushikulya river. The government planned to construct a dam in the river Pipalapnaka under Sorada block in the district. While participating in the Save Rushikulya river movement in Ganjam district, she said, "Rivers may be small or big, but they are our mother. We have to protect the rivers from attacks." She attended a meeting were organised by the Rushikulya Banchao Kriyaanusthan Committee (RBKC) and the Centre for Climate Justice, spearheading the agitation a ...Read More >
Bengaluru: Blistering aggression has given way to stamina-testing rallies in women's singles badminton, says ace Indian shuttler P V Sindhu, who is reinventing her game to keep pace with the evolving tempo while navigating a challenging lean phase. This year has been far from ideal for the two-time Olympic-medallist. She has endured four first-round exits and three second-round losses, with a lone quarterfinal appearance at the India Open in January being a rare bright spot. "The women's singles (competition) has completely changed. Initially it was more of attack and fast rallies; it has be ...Read More >
New Delhi: Gold prices opened sharply lower on the Multi Commodity Exchange (MCX) on Friday, tracking a decline in international bullion rates. This slide was largely attributed to a modest rise in the US dollar and a ceasefire between Israel and Iran. Both reasons dented demand for safe-haven assets. On the MCX, August gold futures opened at Rs 96,261 per 10 grams, down from the previous close of Rs 97,087. By 2:30 PM, prices had slipped further to around Rs 95,756(down by Rs 1,331). Similarly, July silver futures also opened weaker at Rs 1,06,629 per kg, compared to Thursday's close of Rs 1 ...Read More >
Surat: The Amroli police in Surat have launched an investigation into a puzzling incident where an accountant working with a diamond firm reported that four fingers of his left hand were mysteriously severed after he fell unconscious near the Variyav Bridge. According to Tarpara's statement, he had gone to meet a friend near Vedant Circle and stopped on his way home to relieve himself. He claimed he suddenly lost consciousness and woke up to find the fingers of his left hand missing on Sunday ni ...Read More >
New Delhi, Jun 6 (PTI) The incentive scheme for recycling of critical minerals, such as copper, lithium, nickel, cobalt and rare earth elements, is in the final stages, a mines ministry official said on Friday. The Union budget has allocated Rs 1,500 crore for recycling of critical minerals under the National Critical Mineral Mission (NCMM), Joint Secretary in Mines Ministry Dinesh Mahur said during an event here. He said, "the incentive scheme for recycling is in its final stages." Earlier, the government had approved a Rs 16,300-crore National Critical Mineral Mission, envisaging a total o ...Read More >
New Delhi, Jun 6 (PTI) Silver prices soared Rs 3,000 to hit another record high of Rs 1,07,100 per kilogram in the national capital on Friday amid buying rush by local jewellers and stockists. Gold prices were little changed on Friday as a stronger-than-expected jobs report countered support from lingering geopolitical uncertainty, while silver touched its highest since 2012. According to the All India Sarafa Association, the white metal bounced Rs 2,000 to hit a fresh peak of Rs 1,04,100 per kilogram (inclusive of all taxes) in the local markets on Thursday. So far this year, the metal pri ...Read More >
Itanagar, Jun 7 (PTI) The flood situation in Arunachal Pradesh improved on Saturday with water levels of most rivers receding, even as 33,000 people in 24 districts remained affected, officials said. Twelve people lost their lives and one person went missing in rain-related incidents, including landslides, after the monsoon set in, they said. In its daily report, the State Emergency Operation Centre (SEOC) said 33,200 people in 215 villages remained affected due to floods and landslides in the state. The water levels of most major rivers and their tributaries were showing a receding trend o ...Read More >
New Delhi, June 29 (SocialNews.XYZ) There's good news for gold and silver buyers as prices of both precious metals saw a decline this week, bringing gold back below Rs 96,000 per 10 grams and silver under Rs 1.06 lakh per kilogram. According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold is now Rs 95,784 per 10 grams, down from Rs 98,691 a week ago -- a sharp drop of Rs 2,907. Similarly, the price of 22-carat gold has come down to Rs 87,738 from Rs 90,404 per 10 grams. For 18-carat gold, the rate has dropped from Rs 74,018 to Rs 71,838 per 10 grams. Silver ...Read More >
Pune: Pashan resident Kushagra Agarwal rushed to the jewellers last week as soon as gold prices reduced slightly, to Rs 95,784 per 10g, as he had to buy gold for his son's wedding. With a Rs 3,000 to Rs 4,000 per 10 g reduction in the price of gold, jewellers expect many other residents in the city to walk into stores in the coming days. The gold industry has been struggling to find buyers over the last six months as prices have been consistently rising. The price of gold, which was hovering around the Rs 1 lakh mark last month for 10g, is now trading at Rs 96,800/10g grams, excluding GST. Aga ...Read More >
Mumbai, (UNI) The Directorate of Revenue Intelligence (DRI), Mumbai Zonal Unit (MZU), has successfully busted a major gold extraction and refining facility involved in the illegal melting of smuggled gold, officials said here on Tuesday. Acting on a specific intelligence, DRI officers conducted searches at three related locations, leading to the recovery of substantial quantities of smuggled gold, silver, and cash. The operation resulted in the seizure of 23.92 kilograms of gold bars and melted form, including foreign-marked gold, along with 37 kilograms of silver. Additionally, cash amount ...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 >
CHENNAI: The price of gold in the city has decreased by Rs 440 per sovereign on Saturday (June 28, 2025), with a gram costing Rs 8,930. A sovereign of the yellow metal now costs Rs 71,440. On Friday (June 27), a sovereign of gold was sold at Rs 71,880 after recording a drop of Rs 680 per sovereign. On February 5, the gold rate was Rs 63,240/sovereign. It later shot up to Rs 64,000, only to plummet to Rs 63,520 on February 12. On March 14, after more fluctuations, the price jumped to Rs 66,400, a massive spike of Rs 1,440 from the previous day's price. On April 22, the gold price soared to ...Read More >
Raipur (Chhattisgarh) [India], July 1 (ANI): Chhattisgarh is rapidly emerging as one of India's fastest-growing industrial hubs, having received investment proposals over Rs 6.75 lakh crore in the past one and a half years and reflecting a strong and growing confidence among investors. This progress was further reinforced at the 'Industry Dialogue 2' held in Raipur on Tuesday. In the presence of Chhattisgarh Chief Minister Vishnu Deo Sai, new proposals worth Rs 1.25 lakh crore were finalised. The strong interest from investors highlights the state's growing importance in India's industrial l ...Read More >
New Delhi, Dec 18 (PTI) Gold prices fell Rs 200 to Rs 79,100 per 10 grams in the national capital on Wednesday amid a firm trend in international markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity settled at Rs 79,300 per 10 grams in the previous session. Snapping a three-day losing run, silver climbed Rs 500 to Rs 92,000 per kg on Wednesday. It closed at Rs 91,500 per kg on Tuesday. In the last three sessions, the white metal plunged Rs 5,500 per kg. The price of gold of 99.5 per cent purity slipped Rs 200 to Rs 78,700 per 10 grams from the ...Read More >
[BENGALURU] Gold prices fell on Monday (Jun 9) as a stronger-than-expected US jobs report cooled expectations of interest rate cuts from the Federal Reserve, while optimism over easing trade tensions between US-China weighed on the bullion's safe-haven demand. Spot gold fell 0.2 per cent to US$3,303.19 an ounce, as at 0056 GMT. US gold futures fell 0.7 per cent to US$3,323.40. Three of US President Donald Trump's top aides will meet with their Chinese counterparts in London on Monday for talks aimed at resolving the trade dispute between the two largest economies that has kept global markets ...Read More >
Gold Rate in India Today: The price of gold in India continued its downward trajectory and brought cheers among gold jewellery buyers. Falling gold rate in India today is a reflection of consolidating international prices of the bullion amid easing geopolitical tensions and improving trade prospects. Gold Rate in India today has plunged to its 10-day low mark of Rs 97,420 per 10 gram amid easing tensions between Israel and Iran. The precious metal prices jumped phenomenally over the past few days as clashes between the two nations were followed by United States air strikes on Iranian nuclear ...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 >
New Delhi, Dec 12 (PTI) Gold prices climbed Rs 500 to Rs 80,900 per 10 grams in the national capital on Thursday due to persistent buying by retailers and jewellers, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity finished at Rs 80,400 per 10 grams in the previous trading session. The yellow metal has jumped nearly Rs 2,000 in the past three sessions. Silver also rallied Rs 700 to Rs 97,000 per kg on Thursday. The white metal settled at Rs 96,300 per kg in the previous session. The price of gold of 99.5 per cent purity also surged Rs 500 to Rs 80,5 ...Read More >
Dehradun/Haldwani, Jan 31 (PTI) Karnataka's 14-year-old swimming sensation Dhinidhi Desinghu clinched her fourth gold, while weightlifters continued to impress with Manipur's Bindyarani Devi smashing a national record on a day when the tiny northeastern state jumped to the top of medal tally at the National Games on Friday. A sporting powerhouse despite its small size, Manipur moved up two rungs after winning eight medals, including a gold each from weightlifting and wushu, for a total of 19 (9 gold, 7 silver, 3 bronze). Services, though, were close on the heels of Manipur with just one less ...Read More >
Sample of Earth Minerals. (Representative) Quick Read Summary is AI generated, newsroom reviewed. India is negotiating with companies to create long-term rare earth magnet stockpiles. The initiative aims to reduce dependence on China, which controls 90% of magnet processing globally. The government is considering fiscal incentives to boost domestic production of rare earth magnets. New Delhi: India is holding talks with companies to establish long-term stockpiles of rare earth magnets by offering fiscal incentives for domestic production, people familiar with the matter said. Building ...Read More >
New Delhi [India], June 5 (ANI): Silver prices on Thursday, crossed USD 35 mark per ounce and hit its highest level since March 2012, boosted by a combination of factors such as weaker US dollar, rising geopoltical tension and robust industrial demand. 'With the trust in dollar decreasing silver appears to be a good avenue for money to move to and the Gold Silver ratio was recently above 1.10 so the only way forward was either silver prices rise up or gold prices fall, and thats what has happened silver has risen far more than gold,' said Mrinesh Jain Director, Bombay Bullion Metal Hub LLP. ...Read More >
Gold Rate in India Today: The price of 24, 22, and 18K gold reversed their momentum and have surged up to Rs 16,300 per 100 gram in the first two days of July. Surge in gold rates today mirrors rising international gold rates against the backdrop of a weakened US dollar, fiscal trade concerns, and geopolitical uncertainty. The gold rate in India today has surged significantly over the past two days. The price of the precious metal has surged by more than 25% since the beginning of the year 2025 due to heightened trade tensions and market volatility. Gold Rate in India Today Gold rate in Ind ...Read More >
Part of the deal involves assistance to boost mining supply chains. Peru is one of the world's top copper producers, while Japan is a major consumer of the key industrial metal. In the aftermath of the APEC summit, Peru also inked a defense cooperation deal with South Korea, including a submarine agreement with Hyundai Heavy Industries and another deal with Korea Aerospace Industries to manufacture parts for fighter aircraft, according to Boluarte's foreign minister. Last week, Peru formally inaugurated the Chinese-built Pacific coast megaport of Chancay, promising faster and more efficient ...Read More >
Chief Minister Mohan Yadav, campaigning to invite global investors to the Global Investors Summit to be held in Bhopal in February 2025, addressed an interactive session with industrialists during a roadshow in London, UK, on Tuesday. Yadav praised the dynamic leadership of Prime Minister Narendra Modi for the rapid industrial development seen across India. Inviting the industrialists to invest in Madhya Pradesh, he highlighted that the state possesses one of the largest land banks in the country. Madhya Pradesh has transparent and investor-friendly policies and is a leader in the mining and ...Read More >
Delhi Triple Murder: Within hours of investigating the horrific murders of a couple and their 23-year-old daughter in South Delhi's Neb Sarai, Delhi police have revealed that the killings were carried out by their son, Arjun Tanwar. Initially, Arjun claimed he had been out on a morning walk when the murders occurred. Ex-army man Rajesh Kumar (51), his wife Komal (46) and their daughter Kavita (23) were found dead at their house in Deoli village on Wednesday morning. Arjun, who is currently studying political science at Delhi University, is also a trained boxer and a silver medalist at a stat ...Read More >
STL Digital, an IT Services and Consulting Company (a wholly-owned subsidiary of Sterlite Technologies), announced the successful deployment of RISE with SAP S/4HANA Cloud for eight Vedanta companies (Hindustan Zinc, Sterlite Copper, Cairn Oil & Gas, Sesa Goa Iron Ore, Vedanta Aluminium, Vedanta Zinc International, ESL Steel, Vedanta Corporate), globally. Vedanta, a globally diversified natural resources, energy, and technology conglomerate, prioritizes operational excellence, timely execution o ...Read More >
New Delhi, Jun 27 (PTI) Gold prices plunged Rs 930 to Rs 97,670 per 10 grams in the national capital on Friday as traders rushed to selling amid easing off Middle East tensions and favourable reports about a trade deal between the US and China. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 98,600 per 10 grams on Thursday. On Friday, gold of 99.5 per cent purity declined by Rs 850 to Rs 97,200 per 10 grams (inclusive of all taxes). It had settled at Rs 98,050 per 10 grams in the previous market session. "Gold prices continue to cor ...Read More >
New Delhi: Gold prices slipped below Rs 79,000 per 10 kg in the national capital on Wednesday due to poor offtake by stockists and retailers amid weak global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity fell by Rs 150 to Rs 78,850 per 10 grams. It had closed at Rs 79,000 per 10 grams in the previous session. Price of gold of 99.5 per cent purity extended the losses for the third straight day, declining by Rs 150 to Rs 78,450 per 10 grams from the previous close of Rs 78,600 per 10 grams. However, silver rose Rs 100 to Rs 92,500 per kg. On ...Read More >
New Delhi, Jun 6 (PTI) Silver prices soared Rs 3,000 to hit another record high of Rs 1,07,100 per kilogram in the national capital on Friday amid buying rush by local jewellers and stockists. According to the All India Sarafa Association, the white metal bounced Rs 2,000 to hit a fresh peak of Rs 1,04,100 per kilogram (inclusive of all taxes) in the local markets on Thursday. So far this year, the metal prices have jumped Rs 17,400 per kg, or 19.4 per cent, since December 31 last year. As per the Association, the precious metal of 99.9 and 99.5 per cent purity traded flat at Rs 99,690 and ...Read More >