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.
Jaipur/Bhilwara: Cyclone activity in the Arabian Sea and Bay of Bengal triggered heavy rainfall across Rajasthan Monday, with Peepalda (Kota) recording the highest at 40 mm. The downpour affected harvested crops and caused a significant temperature drop, with cities like Kota, Udaipur, and Jaipur experiencing a 6-8 degree Celsius dip. In Udaipur, the Udai Sagar Dam gates were opened due to persistent rain. Traffic chaos ensued in Jaipur as drizzles continued throughout the day. While Kharif crops faced potential damage, experts noted benefits for Rabi crops like mustard and gram. Bhilwara's agriculture official Vinod Kumar Jain highlighted the rain's potential to aid wheat and barley sowing. The Met office predicts continued showers until Wednesday, with clearer skies and cooler temperatures expected from Thursday. In Kota, Udaipur, Chittorgarh, Alwar, Bhilwara, Ajmer, Karauli, Dausa and many other cities, the maximum day temperature on Monday dropped by 6 to 8 degrees compared to Sunday.In Jaipur, cloudy conditions guided the mercury downward, bringing down maximum temperature to nearly 8 degrees below normal, at 25.0 degree Celsius. Day-long drizzle also led to traffic chaos. Agriculture experts said the rains are likely to benefit Rabi crops like mustard, and gram that were sown in the first week of Oct. Bhilwara agriculture department's joint director Vinod Kumar Jain said if rains occur over the next one to two days, farmers can preserve soil moisture and sow wheat and barley crops without irrigation.
Chennai Rain: A low-pressure area over the Southeast Bay of Bengal has developed into a deep depression, according to latest report from the India Meteorological Department (IMD). This weather system is moving west-northwest and is expected to approach the Sri Lanka-Tamil Nadu coast within the next 24 hours. The IMD has indicated that the low-pressure system is currently crossing Sri Lanka, particularly near Rameswaram and Thoothukudi in the Gulf of Mannar. Consequently, Tamil Nadu experienced heavy rainfall overnight on December 11. As the system continues its journey into the Arabian Sea, i ...Read More >
Bhimavaram: West Godavari district collector Chadalawada Nagarani said that in addition to planting trees to improve greenery, efforts are being made to control plastic pollution. On Thursday, to celebrate World Environment Day, a large-scale programme was taken up in the district to plant saplings and remove plastic waste from canals and drains under 'Vanam-Manam.' As part of this, collector Nagarani, District Superintendent of Police Adnan Nayeem Asmi, district Joint Collector T Rahul Kumar Reddy, DRO Mogili Venkateswarlu, and district officials from various departments enthusiastically pa ...Read More >
New Delhi, Jan 14 (PTI) Wheat sowing increased by 1.38 per cent year-on-year to 320 lakh hectare so far in the ongoing 2024-25 rabi season, according to the agriculture ministry data released on Tuesday. Wheat, the main rabi (winter) crop, was sown in 315.63 lakh hectare in the year-ago period. Sowing of most rabi crops is nearing end. Harvesting will begin from April. According to the data, pulses' acreage remained flat at 139.81 lakh hectare as on January 14, compared to 139.11 lakh hectare in the year-ago period. Gram was covered in 96.65 lakh hectare and lentil in 17.43 lakh hectare. ...Read More >
New Delhi [India], May 19 (ANI): Union Agriculture Minister Shivraj Singh Chouhan on Monday said that his ministry's resolve is to increase the Kharif crop production while reducing the production cost. He added that the synergy between the agricultural research and the farmers will be increased. The Minister was speaking to reporters here after a meeting with the State agricultural ministers. "Today, I held a meeting with the Agriculture ministers of all the states...Agriculture is important for the country, whether it is a question of livelihood, employment, contribution to the economy or ...Read More >
New Delhi: A surge in sales may be around the corner for some of India's leading packaged consumer goods makers, as cheaper inputs and lower import duties craft a perfect recipe for their next stage of growth. Companies and analysts alike said that falling prices of wheat, maize, barley and oils will help expand volumes, in a change from the recent experience of pricier products driving revenue. On 31 May, the government halved the basic customs duty on crude soybean oil, crude palm oil, and crude sunflower oil to 10%, eight months after raising it from nil to 20%. The move had prompted pack ...Read More >
Dehradun, Jun 6 (PTI) The Centre and Uttarakhand government are committed to making the state a national hub of horticulture, Union Agriculture Minister Shivraj Singh Chouhan said on Friday. Interacting with farmers at a Kisan Chaupal in Pavwala Sauda village under Doiwala block of Dehradun, the agriculture minister said, "The quality of fruits, grains and vegetables grown in Uttarakhand is unique and they have full potential to make a mark at the global level." "The Centre and the state government together will make Uttarakhand a national hub of horticulture," he said. During his visit, the ...Read More >
As per Moneycontrol's calculations, a 7 per cent growth in the remaining two quarters will put India's GDP at 6.5 per cent. The Indian economy would find it challenging to achieve over 7 per cent growth for the fourth consecutive year, economists said. They pointed out that the second-quarter (Q2) Gross Domestic Product (GDP) data, which was announced on November 29, has made the task even more daunting for the government. "A sharper than expected growth slowdown in Q2 has tilted risks to our outlook of 6.8 per cent for the current fiscal downwards," said DK Joshi, chief economist, Crisil. ...Read More >
The overall development of the country is not possible without the development of agriculture and farmers. The nation's economy can be strengthened by the development of agriculture, fishery production, and livestock, President Droupadi Murmu said on Thursday. Gracing the convocation ceremony of the Odisha University of Agriculture and Technology at Bhubaneswar, she said agriculture is facing new challenges such as natural disasters, adverse effects of climate change, decreasing per capita farm ...Read More >
NEW DELHI: Delhi recorded its lowest minimum temperature of the winter season on Wednesday, with the mercury plunging to 4.9 degrees Celsius, a sharp drop from 8 degrees Celsius the previous day. The India Meteorological Department (IMD) stated, "The minimum temperature of 4.9 degrees Celsius reported over Safdarjung is the lowest minimum of this winter season. The same minimum temperature of 4.9 degrees Celsius was reported last year also on 15th December." The coldest minimum temperature ever recorded at the Safdarjung station was 0.0 degrees Celsius on December 27, 1930, according to the ...Read More >
Chennai,Tamil Nadu - A deep depression forming over the Southeast Bay of Bengal is set to bring heavy rainfall to Tamil Nadu,with Chennai expected to see showers until Thursday night. the system,which intensified from a low-pressure area,is predicted to move west-northwest,crossing Sri Lanka near Rameswaram and Thoothukudi before entering the Gulf of Mannar. The India Meteorological Department (IMD) issued an update stating that the depression is likely to move further into the Arabian Sea, passing thru the Delta and southern Tamil Nadu regions. This will result in continued rainfall acr ...Read More >
New Delhi: Union Minister for Agriculture and Farmers Welfare Shivraj Singh Chouhan on Thursday met farmers in Punjab and reviewed crops and production. Addressing a gathering, Chouhan said, "Prime Minister Narendra Modi's vision is Viksit Bharat, and we are working tirelessly with that goal in mind. Our mission is to build a glorious, prosperous and powerful India. Agriculture is the backbone of the Indian economy. In the fourth quarter of last financial year, the country achieved a growth rate of 7.5 per cent, with agriculture contributing to 5.4 per cent of it. Agriculture still accounts f ...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 >
Dehradun (Uttarakhand) [India], June 6 (ANI): Union Minister Shivraj Singh Chouhan on Friday attended a 'Kisan Chaupal' event at Pav Wala Soda village in the Raipur block of Dehradun, Uttarakhand. The programme was held as part of the 'Developed Agriculture Resolution' campaign aimed at strengthening the agricultural sector in the state. During the event, Chouhan interacted with local farmers and praised the success stories shared by them, especially in the areas of organic farming and coarse grain production. He also showed strong support for promoting Uttarakhand's organic produce at both n ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
Delhi is facing worsening pollution and erratic weather patterns, with the air quality regularly reaching dangerous levels. This is partly due to climate change, with temperature rises and unpredictable rainfall patterns caused by global warming. The industrial revolution has played a significant role, contributing to the rise in global temperatures. The effects are already being felt, with 2024 witnessing record-breaking heat in India. Despite this, there is little action from society or leadership, with courts repeatedly stepping in to address issues like pollution and farm fires. The need f ...Read More >
Heavy rains across Tamil Nadu have led to school closures in several districts, including Chennai, on Thursday. The India Meteorological Department (IMD) has issued a yellow alert, predicting moderate rains and light thunderstorms in parts of the state. Rainfall figures show significant precipitation in multiple areas. Meanwhile, Northern India braces for a cold wave beginning December 9, with the IMD forecasting plunging temperatures in Rajasthan, Punjab, Haryana, and Uttar Pradesh.Schools acros ...Read More >
KOLKATA: With the mercury dipping below 14 degrees before Dec 15, winter has set in early this year. In the past 11 years, the mercury dipped below 14 degrees before Dec 15 only once - in 2014. Even as the city started yearning for the chill, the Met office predicted a slight rise in mercury from Monday due to twin weather systems - one over the Bay of Bengal and another over north India. The minimum temperature plunged to 13.8 degrees on Thursday. The only time it dipped this low before the Dec fortnight was a decade ago. In the past two days, there has been a slight rise, with it standing a ...Read More >
Hisar, Jun 5 (PTI) Haryana Chief Minister Nayab Singh Saini Thursday announced the establishment of natural and organic mandis in Gurugram and Hisar to promote natural farming on a large scale in the state. The Gurugram mandi will cater to produce such as wheat, paddy and pulses, while the Hisar mandi will focus on fruits and vegetables grown through natural and organic methods. Also Read | Delhi: High-Level US Team Arrives for Talks on Bilateral Trade Pact With India. In addition, a committee will be formed under the Haryana Kisan Kalyan Pradhikaran to determine fair pricing for produce gr ...Read More >
New Delhi, June 6 (SocialNews.XYZ) The government has procured 29.92 million tonnes (MT) of wheat during the 2025-26 Rabi marketing season (April-June) which represents a 13 per cent increase over the corresponding figure for the same period of the previous year and is the highest in the last three years, according to a senior official. This procurement is from a total 40.42 MT that arrived in the markets of the main wheat producing states across the country. The remaining portion has been bought by millers and traders at a price that cannot be less than the Minimum Support Price (MSP) paid b ...Read More >
Lucknow: State agriculture minister Surya Pratap Shahi on Friday said that he has requested all MPs, MLAs and district panchayat presidents to ensure their participation in 'Vikasit Krishi Sankalp Abhiyan which started from May 29 and will continue till June 12.Addressing a press conference in Lok Bhawan, Shahi said that the aim of the campaign is to realize the vision of 'One Country, One Agriculture, One Team'.Under this campaign, farmers are being informed about the latest agricultural techniques, improved seeds, modern farming methods and govt schemes for Kharif crops.This campaign has bee ...Read More >
Delhi Weather Today: After almost 5 days of cool and calm, the Delhi weather is turning up the heat... quite literally! According to the weather department, people in Delhi may have to bear the brunt of the rising temperature for the next week as the heat is only going to increase. The skies are likely to remain clear throughout the day, making way for the sun. According to the IMD, the maximum temperature is likely to cross 44 degrees in the next three days. On Saturday, June 7, the maximum temperature in Delhi is expected to cross 40 degrees Celsius. The minimum temperature in Delhi is like ...Read More >
NEW DELHI: The city is in for a spell of hot and dry days, with the India Meteorological Department (IMD) forecasting a gradual rise in maximum temperatures by up to 6 degree Celsius over the next five days. While the mercury is expected to cross 40 degree Celsius, no heatwave conditions are likely, officials said on Friday. According to the weather office, the maximum temperature at Safdarjung on Thursday was 38.2 degree Celsius, about 2 degree below the seasonal average. Minimum temperature stood at 25.6 degree Celsius, also slightly lower than the normal. Similar trends were observed acro ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >
Srinagar: The minimum temperature has plummeted and settled below freezing point across Kashmir with many of the stations including Srinagar, the summer capital of Jammu and Kashmir recording the season's coldest night. According to the news agency -- Kashmir News Observer (KNO), the night temperature in Srinagar settled at minus 2.1 degree Celsius. Shopian was the coldest in Kashmir as the mercury plummeted and settled at minus 5.5 degree Celsius. Pahalgam, a famous tourist destination, recorded minus 5.0 degree Celsius while Gulmarg, a famous ski-resort recorded a low of minus 2.5 degree ...Read More >
A severe cold wave, comparable to the intensity of summer heat, is expected to sweep across West Bengal. How long will these frigid conditions persist? A severe winter is approaching, with temperatures expected to drop sharply across West Bengal. The Meteorological Department has forecast a cold wave from December 13 to 15, marking the onset of intense winter conditions. Dry weather is likely to persist until December 18, accompanied by northerly winds sweeping across the state. Light fog is ex ...Read More >
Visakhapatnam: The southwest monsoon set in over Andhra Pradesh (Rayalaseema region) on Monday, arriving nine days ahead of schedule, bringing rain to parts of the Rayalaseema and coastal Andhra Pradesh. For the second year in a row in the past one decade, the monsoon entered AP region earlier as the usual date of onset is on June 4. Last year, the monsoon arrived in AP on June 2. Director of IMD, Andhra Pradesh Stella S said southwest monsoon has further advanced into some more parts of central Arabian Sea, some more parts of Maharashtra including Mumbai, Karnataka including Bengaluru, remai ...Read More >
Puri: Union Agriculture and Farmers' Welfare Minister Shivraj Singh Chouhan on Thursday launched the Viksit Krishi Sankalp Abhiyan with the blessings of Lord Jagannath in Odisha's Puri. Chouhan launched this new scheme by joining a special program at the Puri Sakshi Gopal Krishi Vigyan Kendra. Speaking to the reporters after taking blessings from Lord Jagannath, Chouhan said, "The new scheme of the Centre, the Viksit Krishi Sankalp Abhiyan, is being launched from Jagannath Dham. The aim of the scheme is that our agricultural scientists will go to the villages and, according to the weather, so ...Read More >
Hisar, Jun 5 (PTI) Haryana Chief Minister Nayab Singh Saini Thursday announced the establishment of natural and organic mandis in Gurugram and Hisar to promote natural farming on a large scale in the state. The Gurugram mandi will cater to produce such as wheat, paddy and pulses, while the Hisar mandi will focus on fruits and vegetables grown through natural and organic methods. In addition, a committee will be formed under the Haryana Kisan Kalyan Pradhikaran to determine fair pricing for produce grown using natural and organic farming practices. The Chief Minister made these announcements ...Read More >
Patiala: Union minister for agriculture and farmers' welfare Shivraj Singh Chouhan visited Rajpura in Patiala district on Thursday as part of an ongoing initiative, Viksit Krishi Sankalp Abhiyan (VKSA), which is aimed at transforming Indian agriculture through direct farmer engagement and sustainable practices.At a 'Kisan Chaupal' in Gandia Kheri village, Chouhan emphasised on govt's commitment to formulating agricultural policies based on direct interactions with farmers rather than relying solely on bureaucratic inputs. " If scientists go to the ground, they'll know about the problem of farm ...Read More >
New Delhi [India], June 6 (ANI): IFFCO Managing Director (MD), U S Awasthi on Friday met Union Home Minister Amit Shah at his residence office in New Delhi. During the meeting, Awasthi briefed and updated the Minister on the overall performance of Indian Farmers Fertiliser Cooperative (IFFCO) for the Financial Year 2024-25, a strong testament to the vision of Sahakar Se Samriddhi under his dynamic guidance. Awasthi also apprised him of the progress at the seed research and development facility at IFFCO's Kalol Unit in Gujarat. Furthermore, both had a meaningful discussion on strategies to en ...Read More >