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: India's consumer and retail sector witnessed robust deal momentum in Q3/2025, recording a total of 132 transactions valued at $3.4 billion, up six per cent in volumes and nine per cent in value compared to Q3/2024, including public market activity, a report showed on Thursday. According to Grant Thornton Bharat's Consumer and Retail Dealtracker, excluding public market deals, mergers and acquisitions (M&As) and private equity (PE) deal activity accounted for 121 deals worth $2.3 billion, marking a 168 per cent increase in value (quarter-on-quarter). The surge was driven by five high-value deals above $100 million and 26 deals above $10 million, together contributing $2 billion or 89 per cent of total deal value, signalling strong investor confidence in scale, brand strength, and growth-oriented consumer businesses, the report mentioned. "Q3 marked a decisive rebound for India's consumer and retail sector, with deal volumes rising to 132 and values crossing $3.4 billion, nearly four times higher values than the previous quarter. The recovery was led by renewed investor focus on textiles, apparel and accessories, and sustained activity in food processing and e-commerce," said Naveen Malpani, Partner and Consumer Industry Leader, Grant Thornton Bharat.
New Delhi: Any non-compliance with food safety protocols will be viewed with utmost seriousness, potentially leading to severe action, said Food Safety and Standards Authority of India (FSSAI) CEO G Kamalavardhana Rao to the representatives of leading e-commerce platforms in a meeting here on Tuesday. The focus of the meeting was to strengthen food safety and hygiene practices throughout the entire e-commerce food supply chain. During the deliberations, he issued several crucial directives to the e-commerce platforms. He directed all e-commerce entities to prominently display their FSSAI lice ...Read More >
Madrid [Spain], July 16 (ANI): Madhya Pradesh Chief Minister Mohan Yadav arrived in Madrid on Wednesday, leading a high-level delegation as part of his official visit to Spain. Yadav and his delegation were received at the Madrid Barajas Airport by India's Ambassador to Spain, Dinesh K Patnaik. https://x.com/IndiainSpain/status/1945196636919226463 Sharing the pictures of the MP CM's arrival, the Indian embassy wrote, 'High-level delegation led by Hon'ble Chief Minister of Madhya Pradesh Mohan Yadav arrived in Madrid, Spain today. Ambassador Dinesh K Patnaik received the delegation at the Ma ...Read More >
New Delhi, Aug 28 (PTI) India's gains from importing discounted Russian oil are estimated to be just USD 2.5 billion per annum, significantly lower than the previously speculated range of USD 10-25 billion, a research report said on Thursday. Stopping Russian oil imports would force India, the world's third-largest oil importer and consumer, to rely on limited alternatives, potentially driving global crude prices up to USD 100 per barrel amid rising demand and tight supply. "Benefit from Russian oil imports is way less than exaggerated media numbers," brokerage CLSA said in a report. While ...Read More >
Walmart-owned e-commerce major Flipkart is leaning heavily into social video and livestreaming to attract young shoppers who are glued to their smartphones. The move reflects a broader strategy of the company to seek long-term customer loyalty by making online shopping more immersive and interactive. Online shopping with live commerce Using videos to display and promote products has become one of the company's key new strategies, Neha Agrahari, a director at Flipkart told Bloomberg News. "Users ...Read More >
IKEA India anticipates significant growth in the next three decades, driven by India's economic expansion and a burgeoning young consumer base. The company is expanding its omnichannel strategy with city stores and aims to increase local sourcing to 50% in five years. Swedish home décor and furniture giant IKEA expects India to deliver sustained growth over the next 30 years, buoyed by the country's strong economic trajectory, young population and expanding base of consumption-driven families. ...Read More >
Flipkart has launched 'Flipkart Black', a premium subscription program offering members benefits across shopping, entertainment, and travel for an annual fee of INR 1499. Key perks include a free one-year YouTube Premium subscription and exclusive member-only deals. The program targets affluent, digitally savvy customers seeking a personalized experience. Flipkart, one of India's leading e-commerce platforms, has rolled out 'Flipkart Black', a premium membership designed to enhance the digital e ...Read More >
The books for class 9-12 will be available from 2026-27. New Delhi: The National Council of Educational Research and Training (NCERT) has reduced the prices of books for classes 9 to 12 by 20 per cent. The decision was announced by NCERT Director Dinesh Prasad Saklani during an event held in the national capital on Monday. The reduction in the prices of books will be effective from the upcoming academic year. News agency PTI quoted the minister as saying that while the textbooks for classes 9- ...Read More >
MUMBAI, India -- India's central bank cut interest rates more than expected on Friday. For this, the Reserve Bank of India (RBI) cited muted inflation and a need to kickstart economic growth. This happened as the impact of US tariffs weighed on the country's outlook. The RBI lowered the benchmark repo rate, the level at which it lends to commercial banks. This went down by 50 basis points to 5.5 percent. A majority of analysts had expected a 25-basis-point reduction. The cut was RBI's third in a row. This comes a week after government data showed India's economy expanded at its slowest pace ...Read More >
India is also undergoing a content revolution. In the past five years, short-form video platforms have witnessed a 3.6X surge in daily active users, positioning themselves as serious competitors to mainstream digital entertainment platforms. India's online commerce sector is set to skyrocket from $30 billion in 2020 to $300 billion by 2030, contributing to what is now being dubbed a $1 trillion digital consumer opportunity, according to a new report by Bessemer Venture Partners titled Click, Wat ...Read More >
MUMBAI/MILAN, July 2 (Reuters) - Indian footwear sellers and artisans are tapping into nationalist pride stoked by the Prada 'sandal scandal' in a bid to boost sales of ethnic slippers with history dating back to the 12th century, raising hopes of reviving a struggling craft. Sales are surging over the past week for the 'Kolhapuri' sandals that have garnered global attention after Prada sparked a controversy by showcasing similar designs in Milan, without initially crediting the footwear's origi ...Read More >
Bengaluru (Karnataka) [India], July 18 (ANI): Reacting to Bihar Chief Minister Nitish Kumar announcement of free electricity up to 125 units, Karnataka Deputy Chief Minister DK Shivakumar said that whatever schemes the Congress party is giving in Karnataka, the entire country is following it. Speaking to the media, Shivakumar emphasised that in the entire country, Congress Party has stood for the welfare of the people. After independence, till today, whenever the Congress Party is in power, either in the Central or state government, it has given various schemes, such as pension, woman and ch ...Read More >
New Delhi, Aug 1 (PTI) Commerce and Industry Minister Piyush Goyal will hold meetings with exporters from different sectors, including food processing, textiles, engineering, and chemicals, from August 2-4 in Mumbai to discuss the implications of 25 per cent tariff announced by the US, an industry official said on Friday. The official added that exporters from segments such as fisheries, engineering, IT, and pharma will also participate in the deliberations. Leather sector exporters are expected to meet the minister on August 4 here. The US on Friday slapped a 25 per cent tariff on India, p ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >
Madhya Pradesh Chief Minister Mohan Yadav on Wednesday said that the state has received investment proposals worth ₹14,600 crore during the Invest Madhya Pradesh event held in Kolkata. Speaking to ANI, Yadav said the proposals are expected to create 16,000 new jobs, calling the development a "big milestone" for Madhya Pradesh. "We have received a huge response, with investment proposals of ₹14,600 crore. This will prove to be a big milestone for the state. It will provide employment to 16,0 ...Read More >
Greater Noida, Sep 26 (SocialNews.XYZ) The five-day mega Uttar Pradesh International Trade Show 2025 (UPITS 2025) is expected to generate business to the tune of Rs 4,000 crore, state MSME and Textiles Minister, Rakesh Sachan, said on Friday. After inaugurating the B2B meetings with international buyers, Sachan said more than 2,400 exhibitors from the state are showcasing diverse products from different sectors, including textiles, handicrafts, khadi, garments, leather, food processing, One District One Product (ODOP) and GI tag products, besides electronic goods, defence, and medical and pha ...Read More >
In a turbulent market environment, Leslie's Inc. (LESL) stock has tumbled to a 52-week low, reaching a price level of just $2.42. This significant downturn reflects a stark contrast from its performance over the past year, with the company's shares experiencing a precipitous decline of -54.12%. Investors are closely monitoring Leslie's financial health and market position, as the stock's current valuation marks a critical juncture for the company's future trajectory. The substantial year-over-year drop has raised concerns among shareholders and market analysts alike, as they seek to understand ...Read More >
New Delhi: In a major strategic step, the Noel Tata-led Tata CLiQ has decided to rebrand the brand as Tata CLiQ Fashion. The move is seen as the company's idea to align with its "fashion-forward approach." Tata CLiQ is the e-commerce arm of the Tata Group. The rebranding marks the company's shift from being a horizontal marketplace to a specialized vertical platform focusing on fashion and lifestyle. The Tata CLiQ Fashion has unveiled a complete visual redesign, featuring a fresh logo, revamped packaging, and updated user experiences on both its app and website. According to a Hindu Businessl ...Read More >
Mumbai, Dec 18 (PTI) Private equity and venture capital (PE/VC) funds invested USD 4 billion in November, which was 156 per cent higher than the year-ago period but lower about 15 per cent compared with the preceding month, a report said on Wednesday. The month saw 87 deals -- 47 per cent higher than the 59 transactions in November 2023, as per the report by industry lobby grouping IVCA and consultancy firm EY. "While 2024 had started off on a strong note, geopolitical tensions, uncertainty over US elections outcome, and inflation weighed on the markets, as did the bid-ask spread between sel ...Read More >
Bhopal (Madhya Pradesh): Madhya Pradesh has received investment proposals worth over Rs 15,710 crore during an interactive session held in Surat, Gujarat, on Sunday. In response to the strong investor interest, Chief Minister Mohan Yadav announced opening of a new office of Madhya Pradesh Industrial Development Corporation (MPIDC) in Ahmedabad. The proposed investments are expected to create more than 11,250 jobs in the state. CM Yadav said the session is aimed to encourage Gujarat-based industrial houses -- especially from Surat -- to expand into Madhya Pradesh. He emphasised the natural sy ...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 >
Chandigarh: To bring in a new industrial policy, Punjab govt has constituted 22 sector-specific committees, which will cover key areas like electric vehicles, renewable energy, food processing, start-ups, and film media.Punjab industries minister Sanjeev Arora said these committees will ensure a structured and collaborative engagement between industry and state govt. Each committee will operate for two years from the date of notification, with the possibility of extension at the govt's discretion. Arora said each committee will comprise 8-10 members. "These committees will advise state govt on ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in Srinagar, and two in Budgam district -- (KNO) ...Read More >
New Delhi, Jun 6 (PTI) Central Consumer Protection Authority (CCPA) has directed e-commerce platforms to conduct self-audits within three months to identify and eliminate "dark patterns", deceptive design practices that mislead consumers into unintended actions. The Consumer Affairs Ministry on Saturday said all e-commerce platforms must examine their interfaces for practices that undermine consumer choice or constitute unfair trade practices. "All e-commerce platforms have been advised to conduct self-audits to identify dark patterns, within 3 months of the issue of the advisory, and take n ...Read More >
New Delhi: The Central Consumer Protection Authority (CCPA) has given all e-commerce companies three months to audit their websites and apps for "dark patterns" -- deceptive design tactics that nudge or trick shoppers into unintended purchases or disclosures. Officials added that show-cause notices have already gone out to several unnamed platforms found flouting the agency's 2023 guidelines, which identified 13 specific dark patterns like false urgency, basket sneaking, confirm shaming, forced action, subscription trap, interface interference, bait-and-switch, drip pricing, disguised adverti ...Read More >
New Delhi: Softbank-backed e-commerce company Meesho has filed draft documents for an IPO with the market regulator SEBI, using a confidential process, Moneycontrol reported. Size of the IPO is still not very clear as the route is confidential, but many reputed websites claim that Size of IPO can range from some where around Rs 4,250crore to Rs 8,500 crore, with listing probably around September- October. By choosing the confidential pre-filing route, Meesho does not have to share details about its IPO with the public right away. These details will only be made public at a later stage. Conf ...Read More >
Mumbai, Jul 7 (PTI) Clean-label food startup Khetika on Monday said it has raised USD 18 million, or about Rs 154 crore, from a clutch of investors for expansion. Narotam Sekhsaria Family Office and Anicut Capital, along with existing investors Incofin India Progress Fund, Rajasthan Gum, and Shree Ram India Gums participated in the funding round, a statement said. The company, which aims to make preservative-free food accessible to every Indian household, plans to use the funds to fuel growth, brand building and operational expansion, the statement said, adding that it will also provide seco ...Read More >
Mumbai, Jul 7 (PTI) Clean-label food startup Khetika on Monday said it has raised USD 18 million, or about Rs 154 crore, from a clutch of investors for expansion. Narotam Sekhsaria Family Office and Anicut Capital, along with existing investors Incofin India Progress Fund, Rajasthan Gum, and Shree Ram India Gums participated in the funding round, a statement said. Also Read | Bodoland Lottery Result Today, July 07, 2025: Assam State Lottery Sambad Monday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. The company, which aims to make preservative-free food accessible to ...Read More >
New Delhi: The power ministry on Tuesday launched a ₹1,000-crore scheme to support micro, small and medium enterprises (MSMEs) in adopting energy-efficient technologies. Under the Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme, the government will provide an interest subvention of 5% for micro and small enterprises, and 3% for medium enterprises on loans. The scheme is also designed to offer end-to-end handholding through investment-grade energy audits, detailed project reports, and post-implementation monitoring and verification. It co ...Read More >
A Coruna [Spain], July 17 (ANI): Madhya Pradesh Chief Minister Mohan Yadav on Thursday expressed happiness over the State's performance in the Swachh Survekshan Awards 2024-25, stating that Madhya Pradesh has once again topped the rankings in various sectors, with Indore and Bhopal earning top honours. 'The Swachh Survekshan Awards 2024-25 have been announced and I am extremely happy that as always, Madhya Pradesh has topped the list in various sectors. There is a new entry in the 'Super League' category and Indore has emerged as the cleanest city. Bhopal has emerged as the second cleanest ci ...Read More >
We will seek their comments to make new industrial policy a reality. We want to come out with the new policy as soon as possible, said AroraSource : pexel Punjab Industries Minister Sanjeev Arora on Thursday said industry-specific committees will be formed to advise the state government for shaping up a new industrial policy. Arora said a total of 22 committees comprising industrialists will be formed. Each committee will comprise 8 to 10 members with its chairman, said Arora while addressing t ...Read More >