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: Netizens have reacted positively to the move by Indian Railways to introduce printed blanket covers to go with bedrolls distributed to passengers on AC coaches. Railway minister Ashwini Vaishnaw inaugurated the pilot phase of the project at Jaipur's Khatipura railway station on Thursday. He launched printed blanket covers having traditional Sanganeri designs. These covers were introduced for AC-class passengers of the Jaipur-Asarwa Express. The move is aimed at promoting the Vocal for Local mission. Among the most hilarious reactions was one by X user Sid who posted: "At least the compartments won't look like a morgue now." Vaishnaw highlighted efforts to improve passenger amenities by the railways. Bedroll hygiene has always been a factor on trains. While railway zones have laundries for regular washing of bedsheets, pillow covers and towels, blankets are sent to the cleaners after several trips. This means that on most occasions passengers are issued blankets used by others. The blanket covers will solve this problem to a large extent. While the blankets will not longer come into direct body contact of passengers, the covers can be taken off and sent for washing along with the sheets and towels. This will ensure hygiene apart from adding a bit of colour during the train journeys. Vaishnaw, in his speech after introducing the blanket covers, hailed Prime Minister Narendra Modi's leadership, noting that the railways have undergone "unprecedented transformation" under him. "Prime Minister Modi's vision and guidance have made possible the sweeping changes we see today in the rail sector," Vaishnaw said. The minister also noted that the government's ground-level policy decisions have accelerated infrastructure growth. "A strong economy has enabled large-scale improvements in railway infrastructure and passenger amenities," he said. Vaishnaw added that India's domestic manufacturing strength -- from mobile phones to the indigenously designed Vande Bharat trains -- reflects the nation's growing self-reliance," he said.
OCCRP had published news articles against Adani; BJP MP Sambit Patra calls Rahul 'traitor of highest order' After a hiatus of two days, the Winter Session of Parliament plunged into chaos again Thursday, this time due to the ruling BJP targeting Leader of the Opposition Rahul Gandhi and the Congress, accusing them of being part of a plan to "derail" India's economy and "disrupt" its democracy. Senior BJP MP Nishikant Dubey raised the matter in the Lok Sabha, alleging that a "dangerous triangle" ...Read More >
PRAYAGRAJ, India (AP) -- Millions of Hindu devotees, mystics and holy men and women from all across India flocked to the northern city of Prayagraj on Monday to kickstart the Maha Kumbh festival, which is being touted as the world's largest religious gathering. Over about the next six weeks, Hindu pilgrims will gather at the confluence of three sacred rivers -- the Ganges, the Yamuna and the mythical Saraswati -- where they will take part in elaborate rituals, hoping to begin a journey to achieve Hindu philosophy's ultimate goal: the release from the cycle of rebirth. Here's what to know abo ...Read More >
Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. "Large-scale illegal stone mining is taking place in the hills of Karbi Anglong in violation of the Supreme Court order. The SC had banned mining in and around K ...Read More >
New Delhi [India], January 13 (ANI): Union Minister Ashwini Vaishnaw criticised Meta CEO Mark Zuckerberg and called him "factually incorrect" over his remark that most incumbent governments, including India in 2024 elections, lost post-COVID. He added that the people of India have reaffirmed their trust in the NDA led by Prime Minister Narendra Modi. "As the world's largest democracy, India conducted the 2024 elections with over 640 million voters. People of India reaffirmed their trust in the ND led by PM @narendramodi Ji's leadership. Mr. Zuckerberg's claim that most incumbent governments, ...Read More >
New Delhi [India], January 31 (ANI): Official Spokesperson of the Ministry of External Affairs Randhir Jaiswal said on Friday that French President Emmanuel Macron has invited Prime Minister Narendra Modi to attend the Artificial Intelligence (AI) Action Summit, and India has accepted the invite. While speaking at a press briefing, Jaiswal said that India is also developing its own AI program. "French President has invited Prime Minister Narendra Modi for Artificial Intelligence Action Summit and we have accepted their invite. We will update you about further details," he said. On February ...Read More >
Punjab News: Union Railway Minister Ashwini Vaishnaw announced on Monday that the Indian Railways has allocated ₹5421 crore to enhance railway infrastructure in Punjab. Union Railway Minister Ashwini Vaishnaw announced on Monday that the Indian Railways has allocated ₹5421 crore to enhance railway infrastructure in Punjab. The announcement, made via video conferencing, highlighted that this year's funding is 24 times higher compared to the period between 2009-2014. The minister revealed that 30 Amrit Stations are being developed in Punjab at a cost of ₹1122 crore, while 34 Amrit Stations are ...Read More >
New Delhi: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the increase in the Minimum Support Prices (MSP) for 14 Kharif Crops for Marketing Season 2025-26. It has raised the MSP for paddy by 3 per cent to Rs 2,369 per quintal for the season. The support price for common and A grade varieties has been increased by Rs 69 per quintal to Rs 2,369 and Rs 2,389 per quintal, respectively, for the forthcoming kharif season of 2025-26 crop year (July-June). Among pulses, support price for tur has been raised by Rs 450 to Rs 8,000 per quintal, while t ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...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 >
Jammu, June 5 (UNI) Union Railway Minister Ashwini Vaishnaw on Thursday said direct train service between Jammu and Srinagar would commence in September this year. Jammu, June 5 (UNI) Union Railway Minister Ashwini Vaishnaw on Thursday said direct train service between Jammu and Srinagar would commence in September this year.Speaking to reporters at Katra on his arrival a day before Prime Minister Narendra Modi's visit to flag off Katra-Srinagar train, Ashwini said that work on Jammu Railway station is going on."The work is expected to be completed by September. With the availability of platf ...Read More >
New Delhi: Congress MP and the Leader of Opposition (LoP) Rahul Gandhi on Monday made a rare praise for the 'Make In India' program, even commending the Prime Minister Narendra Modi for bringing in the 'good idea' but then went to disapprove it by calling it 'damp squib'. Speaking in the Lok Sabha during the Motion of Thanks on the President's address, Gandhi said 'Make in India' was conceptually good but the PM failed to deliver the results despite making a good effort. "Prime Minister proposed the Make In India program. I think it was a good idea, however the result is in front of you all, ...Read More >
The Amrit Bharat Station Scheme is a long-term project by the Indian Railways aimed at transforming more than 1,300 railway stations across the country. Prime Minister Narendra Modi is inaugurating 103 redeveloped Amrit stations across India on Thursday via video conferencing from Bikaner. The redeveloped stations are spread across 86 districts in 18 States and Union Territories and have been built at a cumulative cost of over Rs 1,100 crore, according to a release by the ministry of railways. ...Read More >
NEW DELHI - India is committed to efforts to develop its restive territory of Jammu and Kashmir, Prime Minister Narendra Modi said on June 6, accusing neighbour Pakistan of seeking to destroy livelihoods there with April's deadly attack on tourists. He was speaking on his first visit to the Himalayan region since Islamist attackers targeted Hindu tourists in the popular Pahalgam area, killing 26 men, triggering hostilities between the nuclear-armed neighbours that ended in ceasefire last month. "The atmosphere of development that emerged in Jammu and Kashmir will not be hindered by the attac ...Read More >
Katra, Jun 6 (PTI) As the valley delves into jubilation over freshly launched rail connectivity, traders in adjacent Jammu were a bit subdued, apprehending a loss of business because of the travellers bypassing them wholesale straight to Kashmir. As a result, traders' outfits in the district have urged the government to think about the economic impact and address it. "We congratulate the prime minister on this historic step. It will provide Kashmir with all-weather connectivity. But it will inevitably affect business in Jammu. The government must look into this aspect," Jammu Traders' Associ ...Read More >
Chief Minister Mohan Yadav has expressed his gratitude to Prime Minister Modi and the Union Cabinet for approving 3 multitracking projects of the Railway Ministry worth Rs 7 thousand 927 crore. Chief Minister Yadav said that the state is making rapid progress under the able leadership of Prime Minister Modi, due to the increasing network of railways in the state, and transportation for the people of the state has also become fast and easier. The people of the state are grateful to Prime Minister Narendra Modi and Railway Minister Ashwini Vaishnaw for the continuous new developments and contri ...Read More >
Katra: Prime Minister Narendra Modi on Friday flagged off the Katra-Srinagar Vande Bharat Express, inaugurating an alternative all-weather transportation system for Kashmir by connecting the Udhampur-Srinagar-Baramulla rail link with the national railway network. The train will commence commercial operations from Saturday, allowing passengers to travel in the two pairs between Srinagar and Katra except on Wednesdays. The Udhampur-Srinagar-Baramulla rail project in the tough Himalayan terrain has been referred to as a marvel. It is expected to be a game changer in the development of the mount ...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 >
GUWAHATI: The brother of Sonam Raghuvanshi, the Indore woman who has been missing from Meghalaya's Sohra (Cherrapunjee) area since May 23, suspects she was abducted by local miscreants. The decomposed body of Sonam's husband, Raja Raghuvanshi, was recovered from a gorge on June 2. The police said he was murdered. Govind Raghuvanshi, the missing woman's brother, said there was every reason to believe she was abducted by locals. He expressed disappointment with the search operation, which he said gave the impression that the police were looking for her body. "Sonam's belongings, including two ...Read More >
The Indian government has announced a 375km rail network expansion, aimed at enhancing economic growth and connectivity in North Maharashtra, Madhya Pradesh, and Uttar Pradesh. With a total cost of approximately Rs79.27bn ($1.05bn), these projects are aimed to be completed within four years. Union Minister of Railways, Ashwini Vaishnaw, detailed the Cabinet Committee on Economic Affairs' approval of three railway infrastructure projects. The projects include the Jalgaon-Manmad fourth line (160 km), Bhusawal-Khandwa third and fourth lines (131km), and the Prayagraj (Iradatganj)-Manikpur thir ...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 >
New Delhi [India], February 10 (ANI): Northern Railways is making extensive preparations for the upcoming Snan on February 12, ensuring smooth travel for MahaKumbh devotees. CPRO Northern Railway Himanshu Shekhar Upadhyay said over 300 trains operated on February 9, with continuous monitoring through CCTV cameras and a control centre at Prayagraj stations. He urged passengers to ignore rumours about train cancellations. Also Read | Ranveer Allahbadia Parental Sex Question: Case Filed Against YouTuber-Podcaster BeerBiceps, Samay Raina, Ashish Chanchlani, Jaspreet Singh and Apoorva Makhija for ...Read More >
New Delhi, June 5 (SocialNews.XYZ) Union Minister Ashwini Vaishnaw on Thursday described the Chenab Bridge built on the Jammu and Srinagar railway line as an engineering marvel, saying that it has been designed to tackle winds up to 260 kilometres per hour and falls in Seismic Zone 5. Talking to reporters about the unique features of the bridge, the Union Minister said its design is very complicated and its foundation is equal to half a football field. About 30,000 tonnes of steel have been used to build this bridge, which is now touted as the world's highest railway arch bridge. Prime Mini ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
Katra (J&K), June 6 (UNI) Prime Minister Narendra Modi on Friday inaugurated the world's highest Chenab rail bridge in Reasi district of Jammu and Kashmir. The PM was accompanied by Union Railway Minister Ashwini Vaishnaw, Union minister Dr Jitendra Singh, Jammu and Kashmir Lieutenant Governor Manoj Sinha and Chief Minister Omar Abdullah. Before the inauguration, the PM inspected the bridge and spoke to the engineers and the labourers, who turned the dream into a reality. The Chenab rail bridge is the architectural marvel; it is located at a height of 359 meters above the river, and is the ...Read More >
Gurgaon: A chemist and a lab operator have been arrested for allegedly selling medical termination of pregnancy (MTP) kits illegally. Two separate FIRs were lodged against the accused at Sector 10 and Sector 9A police stations, police said on Friday.The pharmacy was sealed and medical officials have initiated proceedings to cancel its licence. District drugs control officer Suresh Verma said the department received information about illegal sales of MTP kits - also called abortion kits - from Juneja Chemist, located near Civil Hospital. A pregnant woman, who was deployed as a decoy customer, v ...Read More >
Bhubaneswar: Odisha chief minister Mohan Charan Majhi along with students from govt schools across the state, attended Prime Minister Narendra Modi's Pariksha Pe Charcha on Monday. The interactive session aimed to boost students' confidence ahead of the board exams, offering guidance on handling pressure, time management, and other academic concerns. Odia student Priti Biswal was among those who had the opportunity to interact with the Prime Minister. Attending as chief guest in the Pariksha Pe Charcha-2025 programme held at Unit-I Government High School, Majhi asked students to focus on prep ...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 >
Katra, Jun 6: Prime Minister Narendra Modi on Friday walked to the viewpoint near the world's tallest railway bridge over the Chenab river and was briefed about the project which is key in connecting Kashmir to the rest of the country by train. Accompanied by union minister Ashwini Vaishnaw and Jitendra Singh and Chief Minister Omar Abdullah, the prime minister visited a railway museum set up near the iconic bridge. The prime minister walked to the viewpoint and was briefed about the engineering marvel, situated at a height of 359 metres above the river, 35 metres higher than the iconic Eiff ...Read More >
Katra (J&K), June 6 (UNI) Prime Minister Narendra Modi on Friday dedicated the Udhampur-Srinagar-Baramulla Rail Link (USBRL) project to the nation by flagging off the Vande Bharat train to Srinagar from Katra railway station in Reasi district of Jammu and Kashmir. Modi was accompanied by Union Railway Minister Ashwini Vaishnaw, Union Minister Dr Jitendra Singh, Jammu and Kashmir Lieutenant Governor Manoj Sinha and Chief Minister Omar Abdullah. The PM flagged off Vande Bharat in line with his commitment to boost rail infrastructure and connectivity in the region. The 272 km-long USBRL projec ...Read More >