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.
To enhance the Ease of Doing Business, India's Central Board of Indirect Taxes and Customs (CBIC) has consolidated 31 customs duty notifications into a single document. In a step towards simplification, transparency, and enhancing Ease Of Doing Business, the Central Board of Indirect Taxes and Customs (CBIC) consolidated 31 separate Customs Duty notifications into a single comprehensive document. This new notification -- Notification No. 45/2025, dated October 24, 2025 -- will come into force on
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], June 6 (ANI): Aadhaar number holders carried out over 211 crores authentication transactions, pushing the total number of such transactions since Aadhaar's inception to more than 15,223 crores (152.23 billion), according to a release by the Ministry of Electronics & IT. The ministry reported that the transaction in May 2025 saw more transactions, as compared to the same month last year, when 201.76 Cr such transactions were carried out. This growth in number is a reflection of how Aadhaar-based authentication has been playing a facilitating role in effective welfare delive ...Read More >
Mandi (Himachal Pradesh) [India], July 5 (ANI): The death toll in Mandi district has risen to 14 amid widespread destruction and loss of lives caused by cloudbursts and flash floods triggered by heavy rainfall. The most affected areas are Thunag subdivision, Karsog Gohar subdivision and Dharampur subdivision, DC Mandi, Apoorv Devgan, said. Also Read | Bengaluru Shocker: Civil Engineer Dies in Sleep After Drunken Brawl at Home; Wife Says Years of Abuse Drove Her To Hit Him With Wooden Stick in Self-Defence. Thirty-one people are reported missing following a devastating cloudburst on the inter ...Read More >
Mandi (Himachal Pradesh) [India], July 10 (ANI): Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday said a massive disaster had struck three assembly constituencies in Mandi district due to a cloudburst, with Seraj constituency being the worst affected. He visited the impacted areas, met families at rehabilitation centres, and sought central help to deal with the crisis. Speaking to the mediapersons, CM Sukhu said, ... A massive disaster has struck the state in three assembly constituencies of Mandi district, caused by a cloudburst... Areas of the Seraj constituency have been ...Read More >
India has pledged USD 20 billion towards infrastructure development, prioritizing multimodal logistics, port connectivity, and trade facilitation, according to Union Minister Sarbananda Sonowal. He emphasized India's growing maritime capabilities and called for greater partnerships in seafarer recruitment. Strategic corridors like IMEEC, EMC, and INSTC are strengthening maritime connectivity and supply chains.India has committed USD 20 billion for infrastructure development, with a focus on enhan ...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 >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...Read More >
To boost agroforestry and double farmers' income, the Centre has introduced model rules for tree felling on agricultural land. These rules aim to simplify permissions, promote sustainable land use, and align with climate goals. By registering on the National Timber Management System (NTMS), farmers can gain transparency and access better market prices for their timber, including international markets.The Centre has issued model rules for the felling of trees on agricultural land in a bid to promo ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...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 [India], July 14 (ANI): The Supreme Court on Monday flagged the issue of people abusing their fundamental right of freedom of speech and expression on social media. A bench led by Justice B.V. Navarathna also stated that reasonable restrictions over the fundamental right of speech and expression are rightly imposed and need to be complied with by citizens. All reasonable restrictions is rightly put. Just because technology is there, doesnt mean youll abuse it, Justice Nagarathna stated. The Supreme Court judge also said that citizens must apply self-regulation and restraint when s ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to invite this esteemed class of artists, technologists, and professionals to join the Academy," said Ac ...Read More >
New Delhi [India], July 8 (ANI): Union Minister Hardeep Puri on Tuesday highlighted Central Government's series of sweeping policy reforms under the leadership of Prime Minister Narendra Modi to accelerate oil & gas exploration. These reforms, aimed at promoting exploration & production in the field of oil and gas. The government believes that these changes to increase the ease of doing business for our exploration and production (E&P) operators are being made after stakeholder consultation at every level.The minister, noted via a social media post on X that the recent amendments to the Oilfi ...Read More >
Ahmedabad (Gujarat) [India], July 8 (ANI): Team India secured a total of 588 medals, including 280 gold medals, at the recent 21st edition of the World Police and Fire Games 2025 in Birmingham, Alabama, USA. Team India ranked third in the overall charts, behind the USA (1,354 medals, including 569 gold, 433 silver, and 352 bronze medals) and Brazil (743 medals, including 266 gold, 246 silver, and 231 bronze medals), as per the competition's website. India will be hosting the 2029 edition of the tournament in Ahmedabad. Recently in June, Gujarat Chief Minister Bhupendra Patel announced that G ...Read More >
New Delhi [India], July 12 (ANI): Assam Chief Minister Hemanta Biswa Sarma on Saturday, inaugurated India's first Aqua Tech Park in Sonapur, Assam, with an aim to boost fish production. Additionally, this will help in generating earning opportunities in the state of Assam. Also Read | Air India Plane Crash: AAIB Report Preliminary, We Can't Say Anything Definite at This Point, Says MoS Civil Aviation Murlidhar Mohol (Watch Video). "India's first Aqua Tech Park inaugurated in Sonapur, Assam. Dedicated the Aqua Tech Park,a first of its kind in India which will greatly boost fish production an ...Read More >
Mumbai (Maharashtra) [India], June 6 (ANI): NSE Sustainability Ratings and Analytics, a defunct subsidiary of the stock exchange NSE, has launched ESG ratings services for listed companies. It marks a significant milestone in advancing sustainable business practices in India. Also Read | Startup Growth in India: Country Now Has 1.76 Lakh Registered Startups and 118 Unicorns, Says FM Nirmala Sitharaman. NSE Sustainability focuses on assessing Environmental, Social, and Governance (ESG) performance, providing stakeholders with vital information to make informed decisions. The company NSE Sus ...Read More >
Ahmedabad, June 27: Union Home Minister Amit Shah began his Gujarat visit on a spiritual note early Friday morning by participating in the Mangala Aarti at the historic Shri Jagannathji Temple in Jamalpur, Ahmedabad. The visit coincides with the auspicious occasion of the annual Shri Jagannath Rath Yatra, a major religious event that draws thousands of devotees every year. Arriving at the temple at 3:15 a.m., HM Shah joined in the sacred rituals and offered prayers to Mahaprabhu Jagannath. Sharing his experience on social media platform X, he posted, "On the sacred occasion of Rath Yatra, par ...Read More >
New Delhi [India], June 28 (ANI): The Appointments Committee of the Cabinet has approved the re-appointment of Ravi Agrawal, as Chairman of the Central Board of Direct Taxes (CBDT) on a contract basis for one year, effective from July 1, 2025, to June 30, 2026, or until further orders, according to an official order. Last year, Agrawal, a 1988-batch IRS officer, was appointed as the new chairman of the Central Board of Direct Taxes, the administrative body for the Income Tax Department. Also Read | From 'Gajar Ka Halwa' to 'India Appears Bigger and More Majestic From Space': Here Is Full Tex ...Read More >
Imphal, June 29 (UNI) A series of successful operations carried out by Manipur Police and security forces during the last 24 hours led to the arrest of several individuals involved in vehicle theft, insurgent activity, and the recovery of a significant cache of arms and ammunition. Police arrested a vehicle lifter identified as Syed Riyaj from his residence at Lilong Chaobok in Thoubal District. The arrest was made under Lilong Police Station. Authorities seized a blue two wheeler without registration number, along with a key and an Aadhaar card believed to be linked to the suspect. In a s ...Read More >
Shimla (Himachal Pradesh) [India], July 9 (ANI): Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Wednesday visited the flood-affected areas of the Seraj Assembly constituency of Mandi district and assured the affected families of all possible support from the State Government. He also inspected the relief camp set up at Bagsiad for the victims and took feedback on the assistance being provided. He took stock of the facilities being provided to those affected by the disaster in Bagsiad relief camp. The residents told him that the Mandi district administration had made good arrangemen ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Hyderabad (Telangana) [India], July 4 (ANI): Congress chief Mallikarjun Kharge on Friday came down heavily on the Rashtriya Swayamsewak Sangh (RSS) over its pitch to reconsider the words 'secular and socialist' from the Preamble of the Indian Constitution while saying that it was 'all talk'. He dared and challenged RSS General Secretary Dattatreya Hosabale and top leaders of the ruling Bharatiya Janata Party (BJP) in the centre to remove the words 'secular and socialist' from the Preamble. 'Days before, I heard that some RSS person said that we should remove Secular and Socialist words from ...Read More >
Srinagar (Jammu and Kashmir) [India], July 6 (ANI): Union Minister of Commerce and Industry Piyush Goyal, during his visit to Srinagar on Sunday, thanked people for their support during Operation Sindoor. 'We are indebted to the people of Kashmir for the way they supported Operation Sindoor and stood firm against terrorism. Like we have decided to end Naxalism by 2026, I am confident that together we will eradicate terrorism from its roots,' Goyal told ANI. Operation Sindoor was initiated on May 7 this year in the aftermath of the Pahalgam terror attack in which 26 civilians were killed. Th ...Read More >
Radhanaga (Tripura) [India], July 13 (ANI): In a spirited initiative to inspire the youth and build awareness about the Indian Armed Forces, 115 students (51 boys and 64 girls) from Holy Cross School, Kumarghat spent an enriching and memorable day at the Assam Rifles Shoorveer Battalion in Radhanagar under the outreach program "A Day with Company Commander". The visit began with an introduction at the Officers' Mess, where the students were briefed on service etiquette, customs and values upheld by the Armed Forces. The excitement peaked with a live small arms firing demonstration, followed b ...Read More >
New Delhi [India], December 12 (ANI): The gross NPA ratio of public sector banks declined to 3.12 per cent in September 2024 from 4.97 per cent in March 2015 and a peak of 14.58 per cent in March 2018, the government stated on Thursday, reaffirming the robustness of the banking system. The government emphasised its proactive support for the banking ecosystem, addressing both business needs and employee welfare to ensure stability, transparency, and growth. Also Read | Places of Worship Act Validity: Supreme Court Restrains Courts in Country Not to Entertain, Pass Orders on Suits Related to R ...Read More >
Puri Stampede: Following the tragic stampede during the Jagannath Rath Yatra in Puri, Odisha Chief Minister Mohan Charan Majhi on Sunday announced Rs. 25 lakh in financial assistance for the bereaved families. Furthermore, Odisha Deputy Commissioner of Police (DCP) Vishnu Pati and Commandant Ajay Padhi have been suspended, following the incident in which at least three people died and several were injured. The mishap occurred early morning on Sunday near the Gundicha Temple in Puri. According to a post on X by the Odisha CMO, the incident occurred during the world-famous Rath Yatra in Puri, ...Read More >
Mumbai (Maharashtra) [India], July 2 (ANI): RBI Deputy Governor M Rajeshwar Rao has called for frequent data updates by Credit Information Companies (CICs), asserting that it will improve loan underwriting precision, among others. Addressing TransUnion CIBIL's Credit Conference in Mumbai on Tuesday, the RBI deputy governor outlined two critical enablers -- data freshness and data quality-- for the betterment of India's credit ecosystem. Currently, credit data is refreshed on a fortnightly basis. 'We must aspire to more frequent updates,' M Rajeshwar Rao said, as per the excerpts of his spee ...Read More >
Baramulla, Jul 5: Hundreds of mourners from Delina and its neighbouring villages Saturday participated in the Muharram procession, the 9th day of the month of Muharram-Ul-Haram at Delina area of north Kashmir's Baramulla district. The procession was one of the series of processions being held in the month of Muharram, the first month of Islamic calendar. Dressed in black and carrying flags bearing religious inscriptions, participants from the villages of Hygam, Bulgam, Bohripora, Syedpora, Uri, Boniyar and other villages marched from new Imambargah through the National Highway NH-1 to the ma ...Read More >
New Delhi [India], July 9 (ANII): In a significant move to enhance the quality and transparency of pilot training in India, the Directorate General of Civil Aviation (DGCA) on Wednesday officially announced the formal commencement of a comprehensive ranking framework for Flying Training Organisations (FTOs) across the country. The initiative aims to ensure standardisation, safety, and accountability in India's aviation training sector. The ranking system will be implemented as of October 1, 2025, and rankings will be published twice a year, on April 1 and October 1, to provide timely and upd ...Read More >
New Delhi [India], July 11 (ANI): A man died after a three-storey shop building collapsed near Pul Mithai in North Delhi's Lohia Chowk area early on early hours of Friday. The collapsed building, located at Tokri Walan in Pul Mithai near Bara Hindu Rao, had three shops on the ground floor and godowns on the first floor. The shops were part of the Azad Market area and dealt in bags and canvas cloth. The deceased has been identified as Manoj Sharma, also known as Pappu, aged 45. He was an employee at shop number 7A, owned by Gulshan Mahajan, and had been working there for the past 30 years. T ...Read More >