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.
Abu Dhabi Indian Winner: Anilkumar Bolla Madhavrao Bolla, a 29-year-old Indian expatriate living in Abu Dhabi, made a fortune on a day when he made history in the UAE lottery. He was declared the winner of the country's first 100 million dirham jackpot -- the largest prize ever. The UAE Lottery announced Anilkumar's incredible win in an official video released on Monday. The draw was held on October 18th during the 23rd edition of the "Lucky Day" event. According to reports, he achieved this impressive victory by surpassing the odds of one in 8.8 million. How did he choose the winning ticket? Anilkumar, who has been living in Abu Dhabi for the past year and a half, said he chose the "Easy Pick" option. This feature allows the system to automatically generate numbers. However, he deliberately chose the number 11 from a "set of months" in honor of his mother's birthday. He explained, "I didn't use any special technique. I just bought the ticket from Easy Pick, but the last number was associated with my mother's birthday, so it's special." He purchased 12 tickets in a single transaction. Read Here: UPPSC PCS Prelims Result 2025 - Check Score & Cutoff List at uppsc.up.nic.in What happened at the moment of winning? Anilkumar said he was completely shocked when he heard the news of his win. He was sitting on the couch and, when he saw his name on the screen, he was in disbelief for a moment. He said, "All I could think was, 'Yes, it's true! I've won.'" The official post from the UAE Lottery read, "From hope to celebration, this is the moment that changed everything. Anilkumar Bola made history by winning 100 million dirhams." How will he use the money? Excited by his win, Anilkumar said he plans to use the money responsibly. He says he wants to invest wisely and do something big with this money. He said, "After winning, I had only one thing on my mind -- I had to spend it wisely. I want to make my dreams come true." Referring to his personal desires, he said he wants to buy a supercar and celebrate with his family at a luxury resort. Plans for Family and Society Anil Kumar says he wants to settle his parents in the UAE so he can spend time with them. He said, "My parents had small dreams, and I want them all to come true. I want to take care of them and give them the life they deserve." He also said he will donate a portion of the prize money to a charity. He believes that a portion of the money should reach those in true need. Read Here: Lava Shark 2 vs Samsung Galaxy F06: Choose Smartly, Just Extra ₹500 Can Give You 5G Experience! Message for other lottery players Anilkumar offered advice to other participants, saying, "Everything happens for a reason. If you keep playing and keep hoping, luck will surely strike one day." He thanked the UAE Lottery team and called it a "life-changing opportunity." He said, "I sincerely thank the UAE Lottery. This win has given me a new lease on life, and I wish I could continue to have such opportunities."
The Reserve Bank of India raised the interest rate caps on Foreign Currency Non-Resident Bank (FCNR-B) deposits to attract more capital inflows, amid pressures on the rupee. Starting December 6, banks can offer higher rates -- up to 400 basis points for 1-3 year deposits and 500 basis points for 3-5 year deposits -- until March 31, 2025. This move comes as the rupee faces volatility.The Reserve Bank of India on Friday announced a raise in the interest rate caps on the Indian diaspora's foreign cu ...Read More >
LIVE Kerala Lottery Result Today, 28.06.2025: The Karunya KR-712 lottery draw wil be held today (Saturday), June 28, 2025, at 3 PM by the Kerala Lottery Department at Gorky Bhavan, near Bakery Junction, Thiruvananthapuram. Follow LIVE updates of the Karunya KR-712 draw right here on etnownews.com. For the latest winning numbers and prize details, keep refreshing this page. For official results and further information, visit the Kerala Lottery's official website. Karunya Lottery Series: KN, KO, KP, KR, KS, KT, KU, KV, KW, KX, KY, KZ Kerala Lottery Results Today: Karunya KR-712 lucky draw pri ...Read More >
Kerala Lottery Result Today : As Kerala Lottery is very popular because of its multiple draws taking place throughout the week, it offers the participants multiple chances to strike it lucky. Thousands of tickets are sold throughout the state for multiple lottery events. Lottery tickets for Kerala's lottery can be purchased throughout the state. ...Read More >
Shimla, Jul 3 (PTI) Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday directed the Labour and Employment Department to develop a dedicated website and mobile application to empower youths seeking employment opportunities abroad. The digital platform will compile comprehensive data of aspirants, ensuring better transparency, accessibility, and protection while securing overseas jobs, he said and also instructed the department to develop a database of NRIs from the state. He instructed the officials to study the overseas employment models of Kerala and Telangana to draft an ef ...Read More >
Nagaland Lottery result, July 4, 2025: The much-awaited Nagaland Lottery result for July 4, 2025 is all set to be officially announced for the popular Dear Lottery draws held at 1 PM, 6 PM, and 8 PM. Lottery enthusiasts can now check the Nagaland Dear Lottery winning numbers and prize details for the Dear Morning Sambad (1 PM), Dear Evening Sambad (6 PM), and Dear Night Sambad (8 PM) draws. With a grand first prize of ₹1 crore, the Nagaland State Lottery Sambad continues to attract hopeful players seeking life-changing winnings. Note: For the latest Nagaland Lottery results, visit Indiatimes ...Read More >
Kaza (Himachal Pradesh) [India], January 17 (ANI): The Spiti Cup 2025 concluded with an action-packed finale, where teams fiercely competed across Men's, Women's, and U-18 Boys' categories showcasing the finest grassroots Ice Hockey talent from the Lahaul Spiti region. Sham Zone clinched the Men's title with a narrow 1-0 victory over Center Zone, while the Women's championship was decided on goal difference, with Center Zone emerging as the winner. Tod Zone claimed the U-18 Boys' title. With standout performances from players like Tanzin Solden and Kunga Wangpo and stellar goalkeeping by Abhi ...Read More >
Hyderabad: Tecno has launched the new Pova Curve 5G smartphone in India. Starting at Rs 15,999, the new lower-midrange device is the first in its segment to offer AI with Indian language support. The Tecno Pova Curve 5G features a 7.45mm curved frame with a 55-degree curvature for improved in-hand feel, an Intelligent Signal Hub System for better connectivity in low-signal areas, and a 5,500mAh battery with support for 45W fast charging. Let's take a detailed look at the smartphone. Tecno Pova 5G price in India The Tecno Pova Curve 5G arrives in two RAM models. The 6GB RAM + 128GB storage va ...Read More >
New Delhi, Jun 8 (PTI) Aam Aadmi Party's Rajya Sabha MP Sanjay Singh and Delhi unit chief Saurabh Bharadwaj on Sunday visited the demolition site of the Madrasi Camp slum cluster, where they met with displaced residents, and intensified their attack on the BJP over the recent eviction drive. They alleged that Prime Minister Modi's promise to slum dwellers of 'jahan jhuggi wahan makan' - house at the site of their hutment - has "proved to be hollow like many others". There was no immediate response available from the BJP or the Delhi government over the accusations. The Madrasi Camp -- a jhu ...Read More >
VIJAYAWADA: The State government on Friday accorded approvals to a slew of industries. Among those are Krishnapatnam Power Corporation Limited (KPCL), which is set to establish a 350 MW Solar and Battery Energy Storage System (BESS) in Thamminapatnam and Mommidi villages of SPSR Nellore district with a Rs 1,225 crore investment, creating 575 jobs. Furthermore, the government also waived off a Rs 54 crore extension of time fee, contingent on project completion within two years as per the Andhra Pradesh Integrated Clean Energy Policy-2024. The government also allocated 22.80 acres at MPSEZ in N ...Read More >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
Chandigarh: Following his resignation from the Punjab cabinet, AAP's Ajnala MLA Kuldeep Singh Dhaliwal said that he promptly submitted his resignation when chief minister Bhagwant Mann called him for a meeting on Thursday morning, citing the party's decision to give others a chance. Dhaliwal also asserted his long-standing friendship with Mann, dating back to 1992.Asked about the specific reason for his departure, Dhaliwal indicated, "The party high command can tell you better...I was told that someone else has to be given a chance and I submitted by resignation. My personal view is that Sanje ...Read More >
NEW DELHI: Signalling the government's intent to move ahead with the impeachment motion of Allahabad High Court judge Justice Yashwant Varma, Union Minister Kiren Rijiju on Thursday said that main opposition parties have given their in-principle approval to support the motion in the upcoming monsoon session scheduled for July21-August 21. Rijiju said that the government is yet to decide whether the motion would be brought in the Lok Sabha or the Rajya Sabha. For the Lok Sabha, signatures of a minimum 100 MPs is required. The requirement is the support of at least 50 MPs in the Rajya Sabha. H ...Read More >
TIPS Music, one of India's leading music labels, has received a 'Buy' rating from YES Securities as it initiated coverage on the firm, with a target price of Rs 1,050, indicating a potential upside of 18% from the current market price of Rs 888.65. Shares of TIPS Music climbed as much as 1.7% on Tuesday to Rs 888.65 on BSE. Yes Securities has valued TIPS Music at a Price-to-Earnings (P/E) ratio of 47 times based on projected earnings per share (EPS) for September 2026, reinforcing its bullish recommendation. The bullish stance comes as TIPS Music leverages industry tailwinds, such as the rapi ...Read More >
Navi Mumbai: An 18-year-old college student was arrested in Assam for sending a death threat message to city rapper Mohammad Bilal Shaikh, also known as Emiway Bantai, and demanding Rs 1 crore in extortion. The student, Arnav Ramen Kumar Haloi, claimed to be Goldy Brar, an aide of gangster Lawrence Bishnoi and the alleged mastermind of the 2022 murder of Punjabi singer Sidhu Moose Wala. The threat message was sent on May 25, coinciding with the release of an online teaser for a music video in tribute to Moose Wala.ACP Mayur Bhujbal said that Haloi, a first-year B.Com student from Sonitpur dist ...Read More >
India's International Train Links: These 5 Indian Stations Connect You To Another Country By Train Kerala Lottery Results Saturday 07-06-2025 LIVE: The Kerala Lottery Department, on behalf of the state government, will announce the results for the Karunya KR-709 draw today, June 07, 2025. The lucky draw will take place at Gorky Bhavan, near Bakery Junction in Thiruvananthapuram. This week's Karunya KR-709 lottery includes 12 series, with the series being subject to change each week. A total of 1.08 crore tickets are available for sale weekly, and ticket prices may vary. Check the Karunya KR-7 ...Read More >
New Delhi [India], June 27: OPPO India's recently launched smartphone , the OPPO K13x 5G - toughest 5G smartphone in its segment--is ready to go on sale starting today on the OPPO e-store and Flipkart from 12 PM onwards. Available in two stunning finishes--Midnight Violet and Sunset Peach--the K13x doesn't just survive tough conditions, it stands out with style. It's a device that blends world-class engineering with local manufacturing strength to redefine what's possible under ₹15,000. Durable, dependable, and designed to dazzle--the K13x is built for your grind and styled for your vibe. Als ...Read More >
Agartala, Jun 28 (PTI) Tripura Chief Minister Manik Saha on Saturday exhorted various agencies to enhance security and surveillance in the state, given the current situation in Bangladesh. Tripura is surrounded by Bangladesh on three sides. Therefore, strengthening of security is needed, the chief minister said after inaugurating the state's first cyber police station here. "We all know the present situation in Bangladesh. There is a need to enhance security arrangements. The northeastern state has been made into a corridor for the smuggling of drugs and narcotic items. Infiltration from acr ...Read More >
New Delhi, Jul 1 (PTI) Union telecom minister Jyotiraditya Scindia unleashed a string of data, ranging from BSNL's consecutive profit after 18 years to connecting over 2 lakh gram panchayats with broadband, on social media platform X to counter claims of Congress President Mallikarjun Kharge on the Digital India programme. Scindia suggested to Kharge to go check on the web for telecom scams in India which will show activities related to the UPA regime while the present regime is recognised with leadership in technology. Also Read | India Developing Its Own Bunker-Buster Missile? Reports Say ...Read More >
1. India: New strategy on FX volatility The Indian Respondents' Bank (RBI) is allowing more volatility on the USD/INR exchange rate, prompting many companies to hedge with forward contracts. This is the highest level of coverage since 2020. We thank in advance our Official Broker Partner PEPPERSTONE who supported us in writing this article. FX Impact: Potential weakening of the rupee in the short term, but increased stability in the medium-long term. Volatility on USD/INR, EUR/INR, JPY/INR ? opportunities for carry trades and short-term shorts if the dollar strengthens. 2. Australia hit ...Read More >
New Delhi: Was it the pitch? Was it the conditions? Was it the bowling? The questions doing the rounds after yet another strange show in good batting conditions by India were many. But with the exception of Shubman Gill, who became just the second Indian captain, after Mohammad Azharuddin, to score hundreds in consecutive matches in England, and Yashasvi Jaiswal, few India batters managed to answer them in a satisfactory manner. After being put into bat by England, India looked like they were in control at various points during the day but then somehow contrived to gift away wickets and end t ...Read More >
The Punjab Cabinet approved amendments to the state's conversion policy, facilitating industrial plot conversions into various uses. This move addresses industrialists' concerns, aims to streamline estate management, and enhance business ease. Additional policies target micro and small enterprise operations and restructure state financial directorates for efficiency. The Punjab Cabinet has given the green light to amendments in the conversion policy, offering opportunities for industrial plots t ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >
India's Department of Telecom (DoT) is reassessing spectrum demand for 5G private networks, seeking input from enterprises and system integrators by July 31. This follows concerns about device ecosystem availability and high spectrum costs. New Delhi, Jul 1 (PTI) The telecom department has started the process to reassess fresh spectrum demand for captive non-public networks, also known as 5G private networks, according to an official memorandum. This is the second such exercise by the Department of Telecom after issuing a provision for 5G private networks in June 2022. "The Department has de ...Read More >
Kerala Lottery Result | Image: Wikipedia (Representational Image) The results of Kerala Lottery for Kerala Karunya Plus KN-579 on Thursday, July 03, will be announced at 3 PM today and the official results will be published on the website at 4 PM. The top prize for the lottery is a whopping ₹80,00,000. We at FPJ are keeping track of these results. If you have bought a lottery ticket and want to know the winners, you can find the list here. Kerala Lottery: Results for Karunya Plus KN-579 for Thursday, 03-07-2025. You can also check the results at keralalotteriesresults.in, https://www.keralal ...Read More >
Mumbai (Maharashtra) [India], July 3 (ANI): India stock benchmarks extended declines on Thursday, weighed down by continued profit booking, following last week's sharp rally. At the end of the trading session, Nifty was down 48.10 points or 0.19 per cent at 25,405.30 and the BSE's Sensex was down by 170.22 points or 0.20 per cent, reaching 83,239.47. Also Read | The Nutritional Impact of Refined Cooking Oil Is Significant. "The domestic equity market continued to consolidate as profit booking followed last week's sharp rally," said Vinod Nair, Head of Research, Geojit Investments Limited. ...Read More >
Major blast outside Badshah's nightclub in Chandigarh, glass window shatters; no casualty Amid linkup rumours with Abhishek Bachchan, Nimrat Kaur says 'that spotlight belonged to you': 'Main ta bahut lucky..' 'One Nation One Subscription': Centre's scheme to ensure access to research articles, journals EXPLAINED Shillong Teer Results TODAY November 26, 2024: Check winning numbers here Meet woman who has become the youngest to travel all 195 countries, she is from... Kerala lottery TODAY November 26 Live Sthree Sakthi SS 443 Tuesday, check winning ticket, prize money here The Matrix villa ...Read More >
Mumbai, Dec 6 (VOICE) The RBI on Friday increased the interest rate ceilings on Foreign Currency Non-Resident Bank deposits or FCNR (B) deposits which will enable NRIs to earn more on their savings.The move is aimed at attracting more foreign capital at a time when the Indian rupee has come under pressure as foreign investors have been pulling money out of the Indian stock markets resulting in hot money outflows. FCNR(B) deposits are accounts where Non-Resident Indians (NRIs) can hold their earnings in foreign currencies like USD or GBP, protecting them from exchange rate fluctuations. "In o ...Read More >
New Delhi [India], December 10: Motorola, India's best# 5G smartphone brand, announces the launch of the moto g35 5G to disrupt the affordable 5G smartphone market. This smartphone launched as the segment's fastest* 5G with the segment's highest 12 5G bands and supports VoNR connectivity, 4x4 MIMO, and 4 Carrier aggregation for a seamless and future-ready 5G experience. The moto g35 5G is compatible with all 5G network operators including Airtel and Jio, supporting both NSA and SA 5G networks, making it a TRUE 5G device. It has been officially validated by Techarc as India's fastest 5G smartph ...Read More >
Hyderabad: Samsung has officially launched the Samsung Galaxy M36 5G smartphone in India, expanding the M-series lineup. The new handset features a 120Hz Super AMOLED display, an Exynos 1380 chipset, 6GB RAM, 128GB storage, and a 50MP triple rear camera setup. It packs a 5,000mAh battery with 25W wired fast charging. The device runs on OneUI 7 based on Android 15. Notably, it is the successor of the Samsung Galaxy M35 5G, launched in India last July. Samsung Galaxy M36 5G: Price, availability The Samsung Galaxy M36 5G is priced at Rs 22,999 for its sole 6GB RAM + 128GB storage variant. It is ...Read More >
Puri: Despite travel uncertainties due to recent conflicts in some parts of the world, people from Europe and elsewhere have reached Puri to witness the annual Ratha Yatra of the sibling deities.As non-Hindus are not allowed inside the 12th-century Jagannath Temple, the Ratha Yatra provides a rare opportunity for devotees across the world to see the deities in their full glory atop their majestic wooden chariots."Back home, we are surrounded by uncertainty and fear. But here, I found peace. I came because this is my only chance to see Lord Jagannath. He comes out for the whole world. This is v ...Read More >