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.
ITC Hotels on Wednesday announced that it has opened a Welcomhotel in Bodh Gaya, Bihar, featuring convention facilities along with 98 rooms & suites. The 18-acre property is poised to redefine Meetings, Incentives, Conferences and Exhibitions (MICE) tourism in the state, ITC Hotels said. "Welcomhotel Bodh Gaya stands as a reflection of our commitment to creating meaningful experiences that celebrate local heritage while upholding the highest standards of service excellence. Bodh Gaya, with its
Mumbai: The whole of Maharashtra and India rejoiced on Friday as 12 majestic forts associated with Chhatrapati Shivaji Maharaj (11 in Maharashtra and one in Tamil Nadu) were inscribed as UNESCO World Heritage Sites. While PM Modi and other senior leaders welcomed the announcement, MNS chief Raj Thackeray on Saturday urged the government to act responsibly and ensure strict conservation measures. Last evening, UNESCO announced that it has accorded the status of World Heritage Sites to 12 forts built by Maharashtra's beloved and greatest King Chhatrapati Shivaji Maharaj, naming it 'Maratha Mili ...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 >
Aizwal (Mizoram) [India], September 13 (ANI): Prime Minister Narendra Modi on Saturday dedicated Mizoram's first railway line, the Bairabi-Sairang express to the nation, highlighting how the line will be a "lifeline of transformation" by helping people avail better services and local businesses will get access to the rest of the country. "This is not just a railway connection, but it is a lifeline of transportation. It will revolutionise the lives and livelihoods of people of Mizoram. Farmers and businesses of Mizoram can reach more markets across the nation," PM Modi said. Also Read | Natio ...Read More >
Bodh Gaya/New Delhi, Dec 17 (UNI) Sri Lankan President Anura Kumara Dissanayake on Tuesday visited the Mahabodhi temple in Bodh Gaya and offered prayers. The MEA spokesperson said in a post on X: "A relationship rooted in civilizational and spiritual ties! President @anuradisanayake of Sri Lanka visited the Mahabodhi temple in Bodh Gaya to seek blessings and offer prayers. "Our shared values and common cultural heritage are the foundation and guiding force of our ever expanding partnership!" The Sri Lankan President in a post said: "This morning (17), I had the privilege of visiting Bodh ...Read More >
Ahmedabad: Eight years after earning the Unesco tag as India's first World Heritage City, Ahmedabad is chasing another global title -- host of the 2030 Commonwealth Games (CWG). On Wednesday, the Indian Olympic Association (IOA), at its Special General Meeting, placed the city among the top contenders -- a move widely seen as a dress rehearsal for the bigger prize: the 2036 Olympics.Ahmedabad's bid is anchored by the Rs 6,000-crore Sardar Vallabhbhai Patel Sports Enclave -- a 236-acre, Olympic-grade complex being developed through a state-AUDA public-private partnership. Scheduled for completi ...Read More >
VMPL Gurgaon (Haryana) [India], August 20: Gardens of India, India's pioneering luxury tea brand, is proud to announce its exclusive partnership with Grand Hyatt Gurgaon, part of the globally renowned Hyatt Hotels Corporation. This collaboration marks the beginning of a deeper engagement between Gardens of India and the Hyatt group, with the shared vision of redefining tea experiences across Hyatt properties worldwide. With three generations of expertise, Gardens of India has become a trusted partner for leading luxury hotels and resorts across Asia, the Middle East, and Europe, offering gue ...Read More >
Aizawl: Prime Minister Narendra Modi on Saturday dedicated Mizoram's first railway line, the Bairabi-Sairang Express, to the nation, highlighting how the line will be a "lifeline of transformation" by helping people access better services and giving local businesses connectivity to the rest of the country. "This is not just a railway connection, but a lifeline of transportation. It will revolutionise the lives and livelihoods of people of Mizoram. Farmers and businesses of Mizoram can reach more markets across the nation," PM Modi said. Due to adverse weather, PM Modi addressed the gathering ...Read More >
The Sri Lankan president was received by Bihar ministers Prem Kumar and Santosh Kumar Suman and senior officials of the district administration at the airport Sri Lankan President Anura Kumara Dissanayake on Tuesday visited Bodh Gaya in Bihar's Gaya district and prayed at the Mahabodhi Temple, a UNESCO world heritage site. After arriving at Gaya International Airport, Dissanayake went straight to the 1,500-year-old Mahabodhi Temple, one of the four holy sites related to the life of the Lord Bud ...Read More >
New Delhi, July 17: Gene-testing of aspiring athletes to figure the best sport for them besides performance-based funding were among the suggestions before Sports Minister Mansukh Mandaviya sought a five-year plan from every national federation by the end of next month. The inaugural one-day 'Khelo Bharat Conclave' had the top stakeholders of Indian sports under one roof for a good six hours during which ideas, both old and new, were discussed at length to chart the way forward. The ambition -- make India a top five sporting nation by 2047 after elevating the country to the top 10 by the 203 ...Read More >
Kolkata: ITC Hotels Ltd is aiming at expanding its portfolio to over 220 operating units with more than 20,000 keys by 2030, its latest annual report said. According to the annual report for 2024-25, the company plans to accelerate its growth through management contracts and franchise arrangements. Approximately, 70 per cent of the keys are being operated under management contracts, including franchising, it said. Spun into a separate entity after the demerger from ITC Limited, the company owns brands like ITC Hotels, Mementos, WelcomHotel, Storii, Fortune and WelcomHeritage. "Having achieved ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Actor Harshvardhan Rane, who was last seen in 'The Miranda Brothers', is heaping praise on the recently released film 'Saiyaara', and its team. On Saturday, the actor took to the Stories section of his Instagram, and penned a special note for the film and its makers after it witnessed a stellar opening day. He wrote, "Another melodious example of a love story shattering all myths and formulas of the industry. Honest heart wrenching love story wins again in 2025! #Saiyaara". 'Saiyaara', which stars Aneet Padda, and marks the debut of Ahaan Panday, is helmed b ...Read More >
Kharagpur: A day after 21-year-old Ritam Mondal was found hanging in his hostel room, IIT Kharagpur authorities on Saturday have decided to set up a student-led task force at the wing level of every hostel. This initiative aims to ensure that students themselves remain vigilant about their peers and can report any noticeable behavioural changes to the hall council and hall management committee for prompt action.It is the fourth death in seven months and the fifth in a year that the premier institute has witnessed. IIT Kharagpur has 21 hostels, 16 for boys and five for girls, accommodating more ...Read More >
External Affairs Minister Dr. S Jaishankar emphasized that an Atmanirbharta mindset is crucial for navigating global instability and building a developed India (Viksit Bharat). He highlighted India's rich cultural heritage and the resilience of its people as key strengths. Dr. Jaishankar asserted that self-reliance is essential for boosting self-confidence and resilience in an unpredictable world. Dr S Jaishankar, Union Minister of External Affairs, on Wednesday said that Atmanirbharta mindset i ...Read More >
Lucknow: The state tourism department will participate in the four-day Tourism Expo set to begin at Aichi Sky Expo in Tokoname City, Aichi Prefecture, Japan, on Thursday."The state will showcase its Buddhist Circuit, pilgrimage destinations, monuments, festivals, cuisine, and crafts through a dedicated pavilion," said tourism minister Jaiveer Singh. Officials concerned said that the expo, which includes the JATA Travel Mart, features a four-day programme with an international conference, two days ...Read More >
Excessive rains wreaking havoc in the form of cloudbursts, flash floods and landslides are becoming a perpetual curse for tourism in Himachal Pradesh during the monsoon season. However, with the withdrawal of monsoon, the hospitality industry is pinning hope on revival. The tourism sector, the main stake of Himachal, contributes over Rs 14,000 crore annually to the state gross domestic product (SDGP) and provides employment to a large population. "The room occupancy in the state which ranged b ...Read More >
Sunmei Hotels Group has announced the launch of Sunmei Group International (SGI) and three new overseas brands—SHANKEE, PENRO, and LANOU—marking its expansion into the UAE market. The company plans to introduce SHANKEE Hotels, a smart economy brand, to cities like Dubai, Abu Dhabi, and Riyadh. SGI focuses on smart marketing, modular renovations, and intelligent operations, leveraging big data and AI to enhance service and guest experiences. Chairman Ma Yingyao aims to open 100 hotels globally within the next decade, doubling revenue and establishing a strong international presence for Chinese ...Read More >
Gaya (Bihar) | Sri Lankan President Anura Kumara Dissanayake on Tuesday visited Bodh Gaya in Bihar's Gaya district and prayed at the Mahabodhi Temple, a UNESCO world heritage site. After arriving at Gaya International Airport, Dissanayake went straight to the 1,500-year-old Mahabodhi Temple, one of the four holy sites related to the life of the Lord Buddha, and particularly to the attainment of Enlightenment. The Sri Lankan president was received by Bihar ministers Prem Kumar and Santosh Kumar Suman and senior officials of the district administration at the airport. Dissanayake, accompanied ...Read More >
New Delhi, Jul 17 (PTI) Tata Group-owned Indian Hotels Company Limited (IHCL) on Thursday reported a 26.56 per cent rise in its consolidated net profit to Rs 329.32 crore in the first quarter of FY26. The country's biggest hospitality player posted a net profit of Rs 260.19 crore in the corresponding period of the previous financial year. Its total income from operations stood at Rs 2,102.17 crore during the April-June quarter, against Rs 1,596.27 crore in the year-ago period. The company's total expenses also increased to Rs 1,662.35 crore, from Rs 1,267.78 crore a year ago, a regulatory f ...Read More >
New Delhi: Tata Group-backed Indian Hotels Company (IHCL) on Thursday reported consolidated revenue of ₹2,102 crore for the quarter ended June 30, up 32% year-on-year (YoY). Profit after tax jumped 19% YoY to ₹296 crore. IHCL MD and CEO Puneet Chhatwal said despite geopolitical challenges, flight disruptions, and booking cancellations, Q1FY26 marked the thirteenth consecutive quarter of "record performance" for the chain. "In line with our guidance, the company reported double-digit growth in consolidated revenue. The hotel segment's revenue at '1,814 crore, grew by 14%, leading to a strong ...Read More >
Margao (Goa) [India], July 19 (ANI): Goa witnessed an extraordinary rise in tourist arrivals in the first six months of 2025, with over 54.55 lakh visitors flocking to the coastal state, including 2.71 lakh international tourists. Goa tourism graph has scaled remarkable heights in the first half of 2025, registering a record-breaking surge in both domestic and international arrivals. According to the Department of Tourism, the state welcomed an unprecedented number of visitors between January and June, reinforcing its status as one of India most preferred and evolving travel destinations. P ...Read More >
Bhopal, Jul 19 (PTI) Madhya Pradesh Chief Minister Mohan Yadav has said that the Indian community in Barcelona made him feel as if he was in his hometown Ujjain, a government release said on Saturday. Yadav, who visited the famous Park Guell in the Spanish capital, said such attractions can also be created in MP, according to the release. "Wherever Indians go, they stick to their traditions and festivals with dignity. This is not merely a dialogue but a heartfelt connection," he said during an interaction with the Indian diaspora and the 'Friends of India' group. Yadav, who is on an officia ...Read More >
New Delhi, Aug 22 (UNI) A staggering Rs 42.68 crore of taxpayers' money had to be spent on senior advocates, including Abhishek Manu Singhvi and others, to contest as many as 542 "frivolous and false" cases filed against him during the previous UPA regime, said union Minister for Culture and Tourism Gajendra Singh Shekhawat. Speaking at his residence with Women Journalist Welfare Trust (WJWT), the Minister stressed that such politically motivated litigations not only burden individual public representatives but also drain resources from the exchequer that could otherwise be channelled into de ...Read More >
The Rajasthan Domestic Travel Mart (RDTM) 2025, organized by the Federation of Hospitality and Tourism of Rajasthan (FHTR) in collaboration with the Rajasthan Tourism Department, kicked off on Friday, September 12, 2025, with a spectacular start. The event, held over three days, aims to showcase the perfect blend of Rajasthan's rich tradition and its evolving modern tourism appeal. The opening ceremony took place at the iconic City Palace in Jaipur, setting the stage for a grand celebration of the state's cultural diversity and hospitality. The Rajasthan Domestic Travel Mart (RDTM) 2025 is a ...Read More >
CJI Gavai NEW DELHI: Days after an advocate hurled a shoe at Chief Justice of India BR Gavai, Punjab Police on Wednesday registered several FIRs over objectionable social media post targeting Gavai.According to Punjab Police, the FIRs were registered after several complaints were received in various districts of the state against more than 100 social media handles.A Punjab Police spokesperson said social media content relating to attacks on high constitutional authority, caste-based vilification and incitement, public mischief with a direct attempt to disturb peace and public order by unjustly ...Read More >
Panaji: Over 54 lakh tourists visited Goa in the first six months of 2025, a 9% jump over the same period last year, according to the tourism department. The department has cited the data to suggest that Goa retains its status as one of India's most preferred travel destinations in the country. The department said it registered a record-breaking surge in both domestic and international arrivals at the airport and hotel bookings. June itself brought 8.34 lakh visitors, with 8.08 lakh from India and around 25,000 international tourists, the department said.The state attracted 49.9 lakh tourists ...Read More >
New Delhi [India], August 21: With its glittering launch on August 2, 2025, City of Dreams Sri Lanka redefines luxury tourism in South Asia. This resort not only transforms Colombo's skyline but also sets a new benchmark in hospitality, entertainment, and economic promise. Also Read | Is Ryan Reynolds Getting Cancelled? Netizens Flood 'Deadpool' Actor and Wrexham Co-Owner's Aviation American Gin Instagram Post With Angry Comments Amid Blake Lively-Justin Baldoni Legal Drama. Colombo witnessed a historic moment with the launch of City of Dreams Sri Lanka, a landmark development poised to resh ...Read More >
NEW DELHI: Uber CEO Dara Khosrowshahi has said that India is the company's third-largest mobility market with over 1.4 million drivers and is a "must-win" for the company. In a podcast with the co-founder of Zerodha, Nikhil Kamath, the Uber CEO said that the growth in the Indian market is 'spectacular', adding, "India is an absolute must-win for Uber, not just tomorrow, but 10 years from now." Khosrowshahi said that Ola used to be Uber's main competition, but Rapido is currently the more formidable rival in India. "The real test of the business isn't how fast you can grow if you're spending ...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 >
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 >
Today, the portfolio encompasses a variety of property types and experiences appealing to a broad traveller demographic. With an extended brand portfolio that now encompasses the new premier, boutique, and retreats segments, Radisson Individuals provides even more opportunities for distinction and visibility for each hotel. Radisson Individuals is a soft brand offering independent hotels and regional chains the opportunity to join Radisson Hotel Group's global network and distribution platform, ...Read More >