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.
Mumbai, India - A Unit Linked Insurance Plan (ULIP) is a financial instrument that strategically combines essential life insurance coverage with market-linked investment growth in a single policy. During periods marked by frequent and rapid changes in financial markets, ULIPs from platforms like Tata AIA have demonstrated notable growth. These plans offer policyholders life cover to secure their future, coupled with the handy feature to adjust their investment allocation. This dual capacity assists individuals in managing market risk while continuing to pursue long-term wealth accumulation goals. A ULIP is a type of life insurance plan that combines two benefits into one simple product. Conceptually, a ULIP functions as a composite mechanism: it provides immediate protection (the life cover) while simultaneously offering an opportunity for long-term capital appreciation (the investment component). The Tata AIA ULIP plan represents one method of obtaining this combination of protection and investment in a unified structure. The utilisation of funds within a ULIP is systematic. When a premium payment is made, the capital is allocated into two components: Investors select funds based on their tolerance for risk. Four principal types of fund options are generally available: You can use a ULIP calculator to estimate potential returns and choose the right fund strategy for your goals. ULIPs are versatile instruments suitable for a range of financial objectives throughout an individual's life cycle. The increased volatility and rapid shifts observed in financial markets motivate many investors to seek stability and managed growth. ULIPs offer strategic integration of growth potential, family security, and tax advantages, positioning them as a highly regarded option for long-term financial planning. Tata AIA Life Insurance Company Limited is a joint venture between Tata Sons Pvt. Ltd. and AIA Group Ltd., combining the trust of the Tata brand with AIA's global expertise in insurance. The company provides a wide range of life insurance solutions, covering protection, savings, retirement, and health needs of individuals and families. With a strong claim settlement record, innovative digital platforms, and a customer-first approach, Tata AIA ensures convenience, reliability, and financial security. Today, it continues to be a trusted partner for millions of Indians in their long-term financial and protection journey. Disclaimer:
CCI has also approved a 25.18 per cent equity stake in Future Generali India Life Insurance Company Ltd (FGILICL) through a bid/resolution plan submitted by Central Bank of India | Image: Wikimedia Commons State-owned Central Bank of India on Thursday said it has acquired a 25.18 per cent stake in Future Generali India Life Insurance Company Limited (FGILICL) for a cash consideration of Rs 57 crore as part of the insolvency process. With the acquisition of 65,43,80,439 shares on Wednesday (June ...Read More >
New Delhi [India], June 30 (ANI): Despite an uncertain and challenging global economic backdrop, the Indian economy remains a key driver of global growth -- underpinned by sound macroeconomic fundamentals and prudent macroeconomic policies, RBI said in its latest Financial Stability Report. Elevated economic and trade policy uncertainties are testing the resilience of the global economy and the financial system. Also Read | 'I Stand Firmly With Diljit': Actor Naseeruddin Shah Comes Out in Support of Punjabi Singer-Actor Diljit Dosanjh Amid 'Sardaar Ji 3' Controversy. "Financial markets rema ...Read More >
Mumbai: Even as mis-selling of insurance plans by banks has drawn scrutiny, the sector regulator doesn't want to manage distribution channels and seeks to focus on customer awareness to check the malpractice. "It's not necessary that every mis-selling is mis-selling, it's also about the customers' understanding of the product," said Swaminathan S Iyer, member (life), Insurance Regulatory and Development Authority of India on the sidelines of an event on Wednesday. "Once you drive home that your understanding is different from what the product is...then I think the absolute number on mis-selli ...Read More >
New Delhi [India], July 9: If you're a young professional in your 20s or early 30s, life is full of exciting firsts, your first salary, first investment, maybe even your first big purchase. Financial independence gives you the power to live on your terms. But it also brings new responsibilities, and that's where life insurance steps in. Also Read | Bihar Tragedy: Father-Son Duo Among 3 Asphyxiate to Death While Cleaning Septic Tank of Their House in Samastipur. Many people believe insurance is something to consider later in life. But the truth is, the best time to buy life insurance is right ...Read More >
NEW DELHI: Government is all set to allow 100% foreign direct investment in insurance business, paving the way for large companies to enter the market on their own, while allowing individual insurance agents to hawk policies of multiple companies, lifting the cap on being associated with only one life and general insurer. The twin measures are part of the Insurance Amendment Bill that is proposed to be introduced during the winter session of Parliament that kicks off later this month. On August 19, TOI was the first to report about the proposed increase in the FDI ceiling, a suggestion which ...Read More >
Meet Venkata Datta, Hyderabad techie, who is set to marry badminton star PV Sindhu The KYC Bubble: How digital ID's could trigger a global collapse 5 reasons why Allu Arjun will become biggest pan-India star with Pushpa 2: The Rule This is world's weirdest hotel where guests stay to get insulted, pay Rs 20000 room rent, it is located in... Vikrant Massey breaks silence on his 'retirement' announcement, says his post was misread: 'I'm not...' After breakup with Arjun Kapoor, Malaika Arora does 'Nain Matakka' with another actor, netizens react Naga Chaitanya-Sobhita Dhulipala wedding: Allu ...Read More >
Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a ₹10 lakh insurance policy, ₹1 lakh for daughters' marriages, a biannual ₹2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.Ahead of crucial Delhi assembly polls, Arvind Kejriwal promised several measures for auto dri ...Read More >
New Delhi [India], February 7 (ANI): The Delhi High Court on Friday ruled against the use of logos and images related to Ratan Tata and Tata Trusts, acknowledging that Tata is a well-known trademark and that the late Ratan Tata is a prominent figure deserving of name protection. Justice Mini Pushkarna's bench, while hearing a lawsuit filed by the Sir Ratan Tata Trust and Tata Sons Pvt Ltd issued an injunction against Rajat Srivastava, who had been planning to organize an award ceremony named the 'Ratan Tata Icon Award.' Also Read | Rahul Gandhi Claims More Voters in Maharashtra Than Total Ad ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advanced Systems Ltd (TASL) for manufacturing key sections of the Rafale fighter jet, including the lateral ...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 >
VMPL New Delhi [India], July 9: If you're a young professional in your 20s or early 30s, life is full of exciting firsts, your first salary, first investment, maybe even your first big purchase. Financial independence gives you the power to live on your terms. But it also brings new responsibilities, and that's where life insurance steps in. Many people believe insurance is something to consider later in life. But the truth is, the best time to buy life insurance is right now, when you're young, healthy, and just starting to build your future. Let's explore why life insurance is one of the ...Read More >
Mumbai (Maharashtra) [India], May 27 (ANI): Jio BlackRock Asset Management, a 50:50 joint venture between Jio Financial Services and BlackRock, has received regulatory approval from the financial markets regulator SEBI to commence operations as an investment manager for their mutual fund business in India, a statement said Tuesday. JioBlackRock Asset Management will bring an innovative investment proposition to the growing number of Indian retail mutual fund investors, as well as to institutional investors in India, the joint statement said. Also Read | Suman Devi Thoudam Vows To Make Most o ...Read More >
NEW DELHI: Air India on Friday ordered four senior employees of its gateway services provider, AISATS, to resign after they were found partying at their workplace in Gurugram, just days after the Dreamliner crash on June 12. The tragic accident had claimed the lives of 275 people, including all but one of the 242 on board. The terminated employees include two senior vice presidents, the chief operating officer and the training head of AISATS. A video of the employees partying on June 20 at a DJ event recently went viral on social media. In several clips shared online, at least 30 people can ...Read More >
Jamshedpur, July 2: Tata Steel held its 118th Annual General Meeting (AGM) on July 2, where the company's Chairman addressed shareholders with a comprehensive overview of the company's performance, challenges, and strategic direction. The meeting opened on a solemn note, acknowledging recent losses within the Tata Group and paying tribute to significant figures whose contributions shaped the company. "There is a lot to talk about today," said the Chairman. "But I must begin by acknowledging the heavy loss we have felt in recent months. Across the entire Tata Group, we honour those who lost th ...Read More >
NewsVoir Pune (Maharashtra) [India], July 7: The Bajaj Finserv Small Cap Fund is an open ended equity scheme predominantly investing in small cap stocks. It is an equity fund that invests in companies in their early stage of business growth. These companies rank 251st and beyond on the share market in terms of market capitalisation as per SEBI guidelines and they often operate in niche market sectors. As the Bajaj Finserv Small Cap Fund NFO nears its end, this can be a potentially suitable opportunity for you to explore the small cap space. Let's explore how the Bajaj Finserv Small Cap Fund ...Read More >
VMPL New Delhi [India], July 7: A SIP Calculator is a powerful tool that helps plan investments wisely and track money growth over time. It estimates returns based on regular investment amounts and tenure, providing a clear view of financial progress. This insight enables confident financial planning and informed decision-making, supporting long-term wealth creation through systematic investment. What is a SIP Calculator? A Systematic Investment Plan (SIP) calculator is a convenient online tool that helps estimate the future value of regular investments. It calculates potential returns base ...Read More >
Kolkata: Tata Sons chairman Natarajan Chandrasekharan met West Bengal chief minister and Trinamul Congress supremo Mamata Banerjee at the state secretariat Nabanna on Wednesday. They had an hour-long meeting on the investment opportunities in the state. State chief secretary Manoj Pant and CII director general Chandrajit Banerjee were also present in the meeting. Later TMC posted on X-handle, "Smt. @MamataOfficial hosted Shri Natarajan Chandrasekaran, Chairman of Tata Sons and the Tata Group, for a constructive dialogue on Bengal's industrial growth and emerging opportunities." It said, "The ...Read More >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...Read More >
NewsVoir Bengaluru (Karnataka) [India], July 7: Upekkha, the India-US accelerator that has backed over 100 SaaS and AI startups, has announced VIBE 2025 (Vertical Intelligence & BEyond), the world's first summit dedicated exclusively to vertical AI. Scheduled for 10-11 July 2025 at The Leela Palace, Bengaluru, and co-hosted with SaaSBoomi, this two-day flagship event will showcase how AI can move from concept to real-world deployment within just 48 hours. "Walk in with a problem statement, walk out with a working AI pilot in 48 hours." This bold promise underpins VIBE 2025's mission -- to co ...Read More >
New Delhi, Jul 7 (PTI) The Tata Group is focusing on enhancing safety across companies as it has become a "top priority" and is aware that it needs to do more on the issue as it goes ahead with its expansion plans, Tata Sons Chairman N Chandrasekaran said on Monday. He was responding to a shareholders' query regarding safety measures undertaken in the aftermath of the Air India crash and how to avoid such tragedies in other Tata Group firms, while addressing the Annual General Meeting of the Ind ...Read More >
MUMBAI/NEW DELHI: Following public backlash over a video showing Air India SATS executives partying in their Gurugram office shortly after the June 12 Air India flight 171 crash, Tata Group has taken disciplinary action against several people.Four senior officials were suspended from Air India SATS, while multiple others were issued a warning, the company said on Friday.The video, which garnered over 3.8 million views on X, captured several executives dancing with loud music playing during a cele ...Read More >
Bengaluru : Bajaj Allianz Life, one of India's leading private life insurers, has announced the launch of its New Fund Offer (NFO) - Bajaj Allianz Life Nifty 500 Multifactor 50 Index Fund. Offered under the Company's ULIP products, this fund is designed to track the Nifty 500 Multifactor MQVLv 50 Index, providing investors with exposure to a multifactor based equity index while also offering life cover. Bajaj Allianz Life ULIP products with underlying Bajaj Allianz Life Nifty 500 Multifactor 50 Index Fund, enables policyholders to achieve their life goals, powered by the security of a life co ...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 >
Kargil , Jul 2: Pursuant to putting in place a comprehensive legal framework to ensure fair, inclusive, and transparent recruitment to public services, the Administration of the Union Territory of Ladakh has initiated a large-scale recruitment drive for 359 Gazetted posts through the Union Public Service Commission (UPSC). This marks the first-ever recruitment of Gazetted posts through UPSC since the formation of the Union Territory, officials said. This follows the establishment of a unique and dedicated legal framework specifically designed for Ladakh. The framework ensures maximum local re ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
Principal Secretary to the Prime Minister, Dr. P. K. Mishra, addressed the Ministerial Roundtable on Disaster Risk Reduction (DRR) Financing at Geneva on 04th June 2025. He commended the UNDRR and its partners for convening this critical discussion. India also recognized the contributions of Brazil and South Africa in continuing the global dialogue through their G20 presidencies. Dr. Mishra underscored that DRR financing is not a peripheral issue but central to the effective functioning of national disaster management systems and the safeguarding of development gains in the face of rising cli ...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 >
New Delhi, June 28 (SocialNews.XYZ) Air India SATS (AISATS) has sacked four senior officials after a video of an office party in Gurugram went viral, triggering widespread shock and outrage over the callous attitude of the staffers as the nation mourns the death of 270 people in the tragic Ahmedabad plane crash. The video, which featured AISATS Chief Operating Officer Abraham Zachariah and other officials dancing to blaring music, was widely condemned on social media. AISATS is a company that provides airport ground services. It is a joint venture, owned equally (50-50) by two companies -- A ...Read More >
Kolkata: Tata Group & Tata Sons chairman N Chandrasekaran met chief minister Mamata Banerjee at state secretariat, Nabanna, to discus key matters, including potential investments in West Bengal. This meeting follows Mamata Banerjee's Singur movement, after which the Tatas pulled the Nano project out of Bengal in 2008. Chief Secretary Manoj Pant was also present at the meeting today. Chandrasekaran's visit comes a day after the Bengal government announced plans to host a 'Business & Industry Conclave' in Kolkata after Durga Puja. "There was discussion on several important issues. It would b ...Read More >
Amante Capital, KKR's dedicated European hospitality platform, will serve as managing partner to the joint venture LONDON--(BUSINESS WIRE)--Leading investment firms KKR and The Baupost Group today announced a joint venture to purchase a portfolio of 33 Marriott International (NASDAQ:MAR) hotels across the UK from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Amante Capital, KKR's vertically integrated European hospitality platform, will serve as managing partner for the joint venture and the properties will continue as premium Marriott branded hotels. The portfolio ...Read More >