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.
Cyclone Montha wreaked havoc on travel plans throughout Andhra Pradesh, leading to significant disruptions. Visakhapatnam Airport grounded all 32 flights on Tuesday, while Vijayawada Airport faced 16 cancellations and Tirupati Airport saw four flights scrapped. With over 120 train services across the South Central Railway Zone also halted, authorities enacted measures to lessen the storm's impact. All flights, 32 in total, operating out of Visakhapatnam Airport were cancelled on Tuesday owing to
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 >
Bhubaneswar: A low-pressure area has developed over the Northwest Bay of Bengal off the Odisha coast, according to the India Meteorological Department (IMD). The system, which formed at 8:30 am today, is likely to move slowly northwards and intensify into a more marked low-pressure system over the next 48 hours. According to the latest weather update, the associated cyclonic circulation extends up to 7.6 km above mean sea level, tilting southwards with height. This weather system may bring light to moderate rainfall with isolated heavy rainfall to the coastal areas of West Bengal and Odisha. ...Read More >
Berhampur (Odisha), Jun 6 (PTI) Environmental activist Medha Patkar on Saturday appealed to the people of Odisha for protection of Rushikulya river. The government planned to construct a dam in the river Pipalapnaka under Sorada block in the district. While participating in the Save Rushikulya river movement in Ganjam district, she said, "Rivers may be small or big, but they are our mother. We have to protect the rivers from attacks." She attended a meeting were organised by the Rushikulya Banchao Kriyaanusthan Committee (RBKC) and the Centre for Climate Justice, spearheading the agitation a ...Read More >
Jaipur, Dec 3 (PTI) A student of a government college allegedly committed suicide by jumping from the rooftop of the college building in Rajasthan's Sirohi district, police said on Tuesday. According to police, Rahul Garasiya, a second-year MMBS student at BR Ambedkar Medical College, was allegedly upset about not performing well in his exam, which was held on Monday. Also Read | What Is 'Tankhah', Religious Punishment Given to Sukhbir Singh Badal by Akal Takht in 2015 Sacrilege Case?. On late Monday when Garasiya was studying with his fellow students on the third floor of the building, he ...Read More >
New Delhi, Dec 11 (PTI) The national capital on Wednesday recorded the lowest minimum temperature of this winter season so far with the mercury dropping sharply to 4.9 degrees Celsius compared to 8 degrees Celsius the previous day. "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 India Meteorological Department said. ...Read More >
Bengaluru, Dec 12 (PTI) Rains lashed Bengaluru and parts of the south interior and coastal districts of Karnataka, causing traffic congestion on Thursday, officials said. For the next 24 hours, Bengaluru city and neighbourhood areas are likely to witness a generally cloudy sky with moderate rain likely in some areas, they said. In a statement, the India Meteorological Department (IMD) attributed the weather to a well marked low pressure area over Gulf of Mannar and neighbourhood with the associated upper air cyclonic circulation extending up to midtropospheric levels persists. The system is ...Read More >
New Delhi, Jun 5 (PTI) The India Meteorological Department (IMD) has forecast a gradual rise in the maximum temperature by five to seven degrees Celsius over the next five days in Delhi. Despite the warming trend, no heatwave conditions are expected during this period, according to a report prepared by the weather office. According to the IMD, the minimum temperature was appreciably below normal, by three to six degrees Celsius, and the maximum was markedly below normal -- by five to seven notches -- over the last few days. South-westerly winds with speeds up to 19 kmph were witnessed across ...Read More >
New Delhi, Jun 6 (PTI) Delhi recorded a maximum temperature of 38.2 degrees Celsius on Friday, 1.8 notches below the seasonal average, the Indian Meteorological Department (IMD) said. The minimum temperature settled at 25.6 degrees Celsius on Friday, two notches below the season's average, the IMD said. The humidity level stood at 47 per cent at 5:30 pm. The weather department has forecast partly cloudy sky for Saturday, with the maximum and minimum temperatures expected to hover around 40 degrees Celsius and 26 degrees Celsius, respectively. Delhi's Air Quality Index (AQI) was recorded in ...Read More >
Itanagar, Jun 7 (PTI) The flood situation in Arunachal Pradesh improved on Saturday with water levels of most rivers receding, even as 33,000 people in 24 districts remained affected, officials said. Twelve people lost their lives and one person went missing in rain-related incidents, including landslides, after the monsoon set in, they said. In its daily report, the State Emergency Operation Centre (SEOC) said 33,200 people in 215 villages remained affected due to floods and landslides in the state. The water levels of most major rivers and their tributaries were showing a receding trend o ...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, Jan 31 (PTI) The national capital wrapped up a rather warm January with Friday's maximum temperature reaching 27 degrees Celsius, making it the city's warmest day in the month since 2019. The month's average maximum temperature was 21.1 degrees Celsius, a notch above the long-period average of 20.1 degrees Celsius, marking it as Delhi's warmest January since 2019. According to India Meteorological Department (IMD) data, nighttime temperatures were also higher than usual. The average minimum temperature for the month settled at 8.5 degrees Celsius, a notch above the LPA of 7.5 deg ...Read More >
New Delhi, Dec 3 (PTI) Shares of seven Adani Group firms ended in the green on Tuesday, with Adani Ports surging 6 per cent, emerging as the biggest gainer among the Sensex and Nifty firms. The stock of Adani Ports surged 6.02 per cent, Ambuja Cements soared 5.15 per cent, ACC (2.56 per cent), Adani Enterprises (2.33 per cent), Sanghi Industries (2.09 per cent), Adani Wilmar (1.19 per cent) and NDTV (0.45 per cent) on the BSE. Also Read | What Is 'Tankhah', Religious Punishment Given to Sukhbir Singh Badal by Akal Takht in 2015 Sacrilege Case?. However, shares of Adani Green Energy went low ...Read More >
Kolkata, Dec 6 (PTI) Air India Express, the budget-carrier arm of Air India, is embarking on a significant expansion by increasing its fleet size and introducing new routes, as passenger growth remains robust. The airline, however, has deferred plans to launch direct flights between Kolkata and Dhaka, citing the ongoing political crisis in Bangladesh. "You would recall we had announced our operational plan for Dhaka, which is a new and significant market for us. But because of the situation there, we have deferred those plans," Aloke Singh, Managing Director of Air India Express, said. "As ...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 >
Kottayam (Kerala), Dec 12 (PTI) The historic struggle for equality that took place in Vaikom a century ago, popularly known as the Vaikom Satyagraha, was not a movement confined to Kerala but marked the starting point for various other struggles for social justice, Tamil Nadu Chief Minister M K Stalin said on Thursday. In his address at Vaikom in this district after inaugurating the renovated Thanthai Periyar Memorial and Periyar Library, Stalin said that while impressive strides have been made in areas of social justice and economy in 100 years, a lot more has to be achieved. Stalin inaugur ...Read More >
According to Indian Express, Bidar, Vijayapura, Bijapur, and Kalburgi are likely to experience severe cold wave conditions, with temperatures falling to 6-7°C, far below the seasonal norm of 12-13°C for December. Meanwhile, Yadgir, Raichur, and Bagalkot will see minimum temperatures around 10°C, a significant dip from their usual 14-15°C, the report added. In South Interior Karnataka, temperatures will likely fall by 2-3°C below normal for the next three days, with Bengaluru also witnessing ...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 >
New Delhi, Jun 7 (PTI) Prime Minister Narendra Modi on Saturday outlined five key global priorities for him to build disaster-resilient infrastructure, including a skilled workforce, a global digital repository to document best practices and innovative financing. In a video address to the International Conference on Disaster Resilient Infrastructure 2025, Modi said strengthening early-warning systems and coordination is another crucial aspect. He noted that India has established a tsunami-warning system benefitting 29 countries and that it recognises the Small Island Developing States (SIDA) ...Read More >
Chennai ( Tamil Nadu) [India], November 27 (ANI): As a deep depression in the southwest Bay of Bengal is likely to intensify into a cyclone and move towards Tamil Nadu, the Indian Coast Guard has started coordinating with the state agencies to ensure seafarers' safety. The ICG said that its ships, aircraft and radar stations issued advisories for fishing boats to return to the harbour. "Deep Depression in the #BayofBengal likely to intensify into a cyclone and move towards #Tamilnadu, as per #IMD. @IndiaCoastGuard Region HQs (East) is coordinating with state agencies to ensure seafarers' saf ...Read More >
Uber has launched India's first Shikara ride on Srinagar's Dal Lake, offering a unique and scenic experience. This new service allows passengers to enjoy the tranquil beauty of the lake while riding in a traditional Shikara boat. Booking is easy through the Uber app, with rides available daily from 10 AM to 6 PM. This initiative aims to boost tourism in the region while providing locals with a new way to experience the lake. With Uber's entry into the Shikara market, visitors can now enjoy a blend of modern convenience and traditional charm on Dal Lake. ...Read More >
New Delhi: Aviation watchdog DGCA will soon come out with streamlined regulations for wet-leasing of planes by Indian airlines that will also entail enhanced oversight of the aircraft, amid airlines looking to operate more planes to meet rising travel demand. With persisting supply chain woes, there is a delay in aircraft deliveries and to meet the near-term needs, carriers are opting for planes on dry and wet leases. A senior official in the know told PTI that the efforts are on to streamline the regulations for wet-leasing of planes to assist in the growth of the aviation. "Realities of the ...Read More >
Heavy rains lashed Thoothukudi and surrounding areas in Tamil Nadu on Sunday, causing severe waterlogging in several localities. The IMD predicts the formation of a low-pressure area in the Bay of Bengal, which is expected to intensify and move towards the Tamil Nadu coast, bringing further rainfall across the state in the coming days.Several parts of Thoothukudi and adjoining areas witnessed severe waterlogging on Sunday as heavy rains continued to lash parts of Tamil Nadu. Visuals showed water ...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 >
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 >
BENGALURU, India -- An innovative portable shelter recently exhibited in one of India's largest cities shows how smart, cheap ways to help workers escape the heat are gaining traction in a country that's particularly vulnerable to climate change-driven extreme temperatures. The Neralu shelter, winner of a design contest in the southern city of Bengaluru, was displayed at the Sweat and Concrete 2025 event in late May alongside a theatrical performance about heat impacts on outdoor workers and exhibits on heat-related studies. Organizer Kanishk Kabiraj said the aim of the exhibition is to raise ...Read More >
The India Meteorological Department (IMD) has issued a red alert for Mumbai and several other parts of Maharashtra due to expected heavy rainfall and thunderstorms over the weekend. The alert, announced on Saturday, highlights the likelihood of intense weather conditions in the coming days, as oligo cyclonic conditions and weak southwest monsoon winds affect the region. On the monsoon situation in Mumbai, IMD Scientist Sushma Nair says, "It is important to understand that the warning issued for the next 24 hours is a Yellow Alert. Meanwhile, a Red Alert was issued for an intense spell of rain ...Read More >
Chennai (Tamil Nadu): In the latest update relating to cyclone Fengal, colleges and schools in Tamil Nadu shall remain closed, said reports on Wednesday. The education institutions shall be closed in as many as six districts, said reports. According to further reports, nine districts of the state have been put on high alert as the IMD (India Meteorological Department) has predicted heavy rainfall due to possible cyclonic storm in the Bay Of Bengal due to cyclone Fengal. Reports said that schools in Tamil Nadu are closed in the following districts namely: Chennai, Kanchipuram, Chengalpet, Ari ...Read More >
Chennai, Dec 3 (PTI) Danfoss, a leader in heating, ventilation, air-conditioning and compressors has set a target to progressively ramp up local manufacturing capabilities over the next five years, supporting the Centre's Make in India campaign, the company said on Tuesday. Danfoss India, a subsidiary of Denmark-based Danfoss, earlier this year committed to a Rs 500 crore investment aimed at developing local manufacturing for HVAC (Heating, Ventilation, and Air-conditioning), and refrigeration compressors and controls. Also Read | What Is 'Tankhah', Religious Punishment Given to Sukhbir Sing ...Read More >
New Delhi, Dec 3 (PTI) Mahindra & Mahindra on Tuesday said it is in discussions with InterGlobe Aviation, which owns IndiGo airlines, to find an amicable solution regarding a trademark issue over the use of "6e" in its all-new electric model. The automaker, which introduced two electric brands -- BE 6e and XEV 9e -- earlier this month, said its trademark 'BE 6e' differs from IndiGo's '6E', eliminating any risk of confusion. IndiGo uses 6E as the airline designator code. "We have taken on board the concerns that InterGlobe Aviation Ltd have to infringement of their goodwill, which was not ou ...Read More >
Bengaluru Weather Update: A week after the rains from Cyclone Fengal subsided, the India Meteorological Department (IMD) issued a yellow advisory for Bengaluru and the nearby areas on Wednesday. Another four days of rain is predicted to begin on Wednesday in Bengaluru and the surrounding districts of southern Karnataka. IMD forecasted that a low-pressure system would form over the Bay of Bengal, resulting in widespread moderate rainfall over Karnataka. A yellow alert has been issued for several districts until December 13, including Bengaluru Urban, Bengaluru Rural, Chitradurga, Kolar, and Ra ...Read More >