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 over west-central Bay of Bengal intensified into a severe cyclone and lay centred this (Tuesday) morning 190 km south-southeast of Machilipatnam; 270 km south-southeast of Kakinada; 340 km south-southwest of Visakhapatnam; and 550 km south-southwest of Gopalpur. Extremely heavy rain fell during the day yesterday (Monday) till 5.30 pm over Coastal Andhra Pradesh. It was heavy rain over East Rajasthan (from the Arabian Sea depression), and at isolated places over Tamil Nadu; east Gu
Tamil Nadu Weather Update: Tamil Nadu, Puducherry and Karaikal are expected to experience heavy to very heavy rainfall starting Thursday, the India Meteorological Department (IMD) has said in its latest bulletin. According to the IMD bulletin on Dec. 12, Tamil Nadu, Puducherry and Karaikal are very likely to witness isolated heavy to very heavy rainfall on Dec. 12, 13, 16 and 17 due to the northeast monsoon spell that is entering its next phase. "Thunderstorm with intermittent spells of heavy rain is likely to occur in some areas," the Chennai Met Office said in a bulletin at 11:30 am on Thur ...Read More >
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 >
Khordha (Odisha): A severe cold wave gripped northern Odisha on Sunday, with the Mayurbhanj in the northern part of the State bearing the brunt of the intense chill with Ramatirtha area in the district recording as low as -10 degrees Celsius. According to the Forest Department, temperatures while other areas such as Gurguria and Barehipani recorded 6 degrees Celsius, Chahala 4 degrees Celsius, Nawana -5 degrees Celsius, and Upper Baraha Kamuda (UBK) -3 degrees Celsius. Statement Of IMD Scientist Dr Soma Sen Roy On Saturday, IMD scientist Dr Soma Sen Roy said that the cold wave will last for ...Read More >
Khordha (Odisha) [India], December 15 (ANI): A severe cold wave gripped northern Odisha on Sunday, with the Mayurbhanj in the northern part of the State bearing the brunt of the intense chill with Ramatirtha area in the district recording as low as -10 degrees Celsius. According to the Forest Department, temperatures while other areas such as Gurguria and Barehipani recorded 6 degrees Celsius, Chahala 4 degrees Celsius, Nawana -5 degrees Celsius, and Upper Baraha Kamuda (UBK) -3 degrees Celsius. Also Read | CAT 2024 Results: IIM Calcutta Likely To Release CAT 2024 Results Today at iimcat.ac. ...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 >
New Delhi [India], June 8 (ANI): External Affairs Minister S. Jaishankar will undertake an official visit to France, the European Union (EU), and Belgium from June 8 to 14, 2025, the Ministry of External Affairs announced in a press release on Sunday. The visit marks a significant step in further strengthening India's strategic partnerships with Europe. The EAM will first travel to Paris and Marseille, France, where he will hold bilateral discussions with the Minister for Europe and Foreign Affairs of France, Jean Noel Barrot. Also Read | Indian Citizen Dies in UAE: Civil Engineer Issac Paul ...Read More >
New Delhi: Northwest India has been experiencing heavy rainfall lately, which has also led to a drop in the temperature level. Last week, the Northwest received 102 per cent more rainfall than usual. However, the monsoon has not yet entered all the areas. Regarding the mountains, the landslides caused by continuous rain are proving fatal for the people. At many places, the roads are blocked due to falling rocks, causing difficulties for passersby. Apart from this, rivers, drains, ponds and canals are also in spate here. The water level is increasing. Monsoon rains are also occurring in South ...Read More >
Kolkata, Jun 27 (PTI) The IMD on Friday forecast heavy to very rainfall in some districts of West Bengal, owing to a low-pressure area that is likely to form over north Bay of Bengal and adjoining coastal areas of the state. Heavy rainfall is likely in the south Bengal districts of North 24 Parganas, Purulia, East and West Bardhaman, Jhargram, Bankura and Hooghly till July 1, it said in a bulletin. The India Meteorological Department (IMD) forecast very heavy rainfall in South 24 Parganas on June 29, and in East Midnapore, West Midnapore, Jhargram, Bankura and Hooghly on June 30. The sub-Hi ...Read More >
Jamshedpur: The monsoon system over eastern India has intensified with the formation of a low-pressure area over the northwest Bay of Bengal and adjoining coastal regions of Odisha and West Bengal, triggering a forecast of heavy rainfall across Jharkhand in the coming days. According to weather officials, the development is being driven by an upper air cyclonic circulation that is likely to bring widespread rain, thunderstorms, and gusty winds to different parts of the state. The forecast indicates a series of wet and stormy days: June 28: Heavy rainfall is expected in southern, central, and ...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 >
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 >
CHENNAI: Despite light drizzles in certain parts of Chennai city accompanied by overcast skies early Saturday morning (June 7), the heat became intense as the day progressed. In the Egmore area of the city, the recorded temperature was 37 degrees Celsius but high humidity made it feel much more hotter between 12 and 2 pm. Even Google's weather data confirmed it, mentioning that it feels like 46 degrees Celsius. Friday's actual temperature and feels-like temperature were the same as today. The Regional Meteorological Centre (RMC), Chennai, has forecast maximum temperatures of around 38-39 deg ...Read More >
Mumbai, Jun 8 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Sunday said Congress MP Rahul Gandhi, instead of introspecting on the defeat in the 2024 state assembly polls, has been repudiating the mandate given by the people because they rejected him. The leader of opposition in the Lok Sabha is preparing his excuses for future defeats in the upcoming assembly elections, including Bihar, Fadnavis said in his articles published in the Indian Express and Marathi daily Loksatta. On Saturday, Gandhi, in an article published in several newspapers and in posts on X, claimed the 2024 Maharas ...Read More >
New Delhi: The India Meteorological Department (IMD) predicts heavy to very heavy rainfall over many parts of northwest, central, east and northeast India during next seven days. The southwest monsoon crucial for kharif sowing has further advanced over remaining parts of north Arabian Sea, some more parts of Rajasthan, West Uttar Pradesh, Haryana and Punjab. "Conditions are favourable for further advance of Southwest monsoon over some more parts of Rajasthan, Punjab, Haryana, Delhi and remainin ...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 >
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 >
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 >
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 >
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 >
Vijayawada: The India Meteorological Department (IMD) on Friday forecast thunderstorms accompanied by lightning and gusty winds across several regions of Andhra Pradesh over the next five days. According to the IMD, isolated places in North Coastal Andhra Pradesh (NCAP), Yanam, South Coastal Andhra Pradesh (SCAP), and Rayalaseema are likely to experience gusty winds reaching speeds of 40-50 kmph. "Thunderstorms accompanied by lightning are likely at isolated locations across NCAP, Yanam, SCAP, and Rayalaseema during the forecast period," said a statement from the IMD. The weather activity is ...Read More >
PUDUCHERRY: With the India Meteorological Department's (IMD) heavy rain forecast for Puducherry, the UT government has ramped up its preparedness to mitigate the impact, including uninterrupted electricity and drinking water supplies, evacuating residents from low-lying areas, and setting up relief camps. Puducherry experienced 7.69 cm of rainfall Karaikal received 9.6 cm of rainfall in the past 24 hours. After visiting several areas in the UT to assess the situation, Chief Minister N Rangasamy convened an emergency meeting with Public Works Minister Lakshminarayanan, Collector A Kulothungan ...Read More >
Prayagraj (Uttar Pradesh) [India], January 21 (ANI): Former President Ram Nath Kovind arrived at the MahaKumbh in Uttar Pradesh's Prayagraj on Tuesday morning. Kovind expressed happiness over the arrangements at MahaKumbh. " The arrangements done here are really good; all facilities are there... I went to several camps. I'm very happy. Yogi Adityanath and UP's arrangements are really good; I thank the administration," Kovind told ANI. On One Nation, One Election, the former president, who was the chairman of the committee on the proposed bill, said, " The work is going on; it is in the hand ...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 >
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 >
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 >
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 >
Pune: Rainfall activity is set to pick up momentum across Maharashtra after a two-day break with India Meteorological Department issuing an 'orange' alert for Pune's ghat areas, warning of heavy to very heavy rainfall accompanied by thunderstorms, lightning and gusty winds reaching 50-60 kmph over the next few days.Though the ghat regions brace for intense weather, the city is expected to receive light to moderate rainfall during this period.India Meteorological Department (IMD) scientist SD Sanap said: "Rainfall intensity had reduced in parts of the state over the last two days. It again star ...Read More >