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.
. New Delhi: The amended atomic energy bill was tabled in LS Monday, paving way for a huge policy shift in India's atomic sector that is expected to accelerate civil nuclear energy production by opening doors for private players. The sector has till now been the preserve of govt enterprises.Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, 2025, introduced by MoS for department of atomic energy Jitendra Singh in the House, seeks to repeal Atomic Energy Act, 1962, and Civil Liability for Nuclear Damage Act (CLNDA), 2010. It provides for "a pragmatic civil liability regime for nuclear damage and to confer statutory status to Atomic Energy Regulatory Board", Singh said.The new legislation seeks to support large-scale expansion of nuclear energy and radiation applications across power & non-power sectors. It is central to India's goal of achieving 100GW of nuclear power capacity by 2047. It proposes a new legal framework that includes modern safety regulations, a dedicated nuclear tribunal for dispute resolution, and reforms to the nuclear liability regime to cap risks & attract investment.While private companies and their joint ventures will be allowed to apply for licences to set up and operate nuclear facilities & transport nuclear fuel, critical functions such as uranium enrichment, spent fuel management and heavy water production will remain under the exclusive control of Centre. Govt will retain control over radioactive substances and radiation-generating equipment to address safety hazards.Singh said the bill was aligned with the goal of increasing the share of nuclear energy in India's overall energy mix, facilitating innovation in nuclear science and technology, &expanding its use in non-power applications, such as healthcare, food, water, agriculture, industry, environment, research and innovation, and emerging areas such as AI, while continuing to honour India's obligations on safety, security, safeguards & nuclear liability.The amendments are designed to finally implement the stalled Indo-US nuclear agreement, which has led to little progress beyond fuel imports due to liability issues, and enable US reactor construction in India. Atul Mathur, Deputy Metro Editor (Senior Assistant Editor), at The Times of India, has over 26 years of experience in journalism. Based in Delhi, he has extensively reported on governance, policy and politics, offering readers deeply researched, data-driven insights into the workings of the capital. Known for his in-depth investigative reporting and compelling human-interest narratives, Atul brings clarity and context to complex urban and civic issues.
nion Minister of State for Labour and Employment Shobha Karandlaje cited statistics in the Lok Sabha on Monday to show that youth unemployment rates in India were lower than global levels. The minister cited a report by the International Labour Organisation's (ILO) Institute for Human Development (IHD) which states that the worldwide youth unemployment rate was 15.6 per cent in 2021. Further, as per World Employment and Social Outlook Trends, 2024 by ILO, globally, in 2023, the youth unemployment rate was 13.3 per cent. On the other hand, the latest annual Periodic Labour Force Survey (PLFS ...Read More >
CHITTOOR (Andhra Pradesh): The Apollo University, Apollo Hospitals and University of Leicester, United Kingdom, have partnered to establish the Centre for Digital Health and Precision Medicine (CDHPM) at The Apollo University campus in Chittoor, Andhra Pradesh. The advanced research center will bring together the expertise and resources of both institutions to create a global hub for digital health and precision medicine. The CDHPM will be the hub in Chittoor, India. The hub at the University of Leicester will be based at the BHF Cardiovascular Research Centre at Glenfield Hospital, Leicester ...Read More >
Nagpur: Forced or allured conversion is violence, and bringing tribal brethren back to their original fold is correction, said Rashtriya Swayamsevak Sangh (RSS) sarsanghchalak Mohan Bhagwat during the valedictory function of RSS' Karyakarta Vikas Varg-II at Hedgewar Smruti Mandir premises in Reshimbagh on Thursday.Bhagwat was responding to concerns raised by the chief guest, former Congressman and minister in Indira Gandhi's govt, Arvind Netam, who warned the gathering of swayamsevaks that widespread conversions threaten the identity and existence of India's tribal communities. "If this contin ...Read More >
In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...Read More >
New Delhi, Jun 5 (PTI) Fintech firm BimaPay Finsure on Thursday said it has entered into corporate insurance financing and aims for Rs 20 crore in premiums in 2025-26. Launching the pilot phase with insurance partners, BimaPay said the initiative will allow businesses to pay premiums in easy equated monthly instalments (EMIs) instead of bearing the burden of full upfront costs. Also Read | Who Is Pinaki Misra? From Age to Family Background and Net Worth, Here's All About BJD Leader With Whom Mahua Moitra Reportedly Married. The company aims to finance over Rs 20 crore worth of premiums by t ...Read More >
New Delhi [India], June 7 (ANI): The Central government has raised financial limits under the General Financial Rules (GFRs) for procurement of scientific equipment and consumables. The simplification of GFRs will reduce delays and enhance autonomy and flexibility for the research organisations. Also Read | PM Narendra Modi To Visit Odisha on June 20 To Attend BJP Govt's First Anniversary Function, Says State Minister Suresh Pujari. Under the new rules, the Finance Ministry said that Vice Chancelors, Dierectors and academic institutions under specified departments and ministries will be abl ...Read More >
New Delhi: Trinamool Congress (TMC) MP Kalyan Banerjee submitted a written apology and issued a verbal apology in the Lok Sabha on Thursday following his controversial remarks about Union Minister Jyotiraditya Scindia. Lok Sabha Speaker Om Birla described the incident as unfortunate, emphasizing that no personal remarks should be made against fellow members. Speaker's Intervention As proceedings began, ruling alliance members raised concerns about Banerjee's remarks. Speaker Birla intervened, stating, "Whatever happened yesterday was unfortunate. No member should make personal remarks, parti ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...Read More >
NEW DELHI: Population data returned by the upcoming 'Census 2027', due to begin on April 1, 2026, will pave the way for a countrywide delimitation of Lok Sabha and assembly constituencies, as the March 1, 2027 reference date makes it "the first Census to be held after 2026".However, the chances of delimitation being completed in time for the 2029 general election appear bleak, given that the final population data may take time to be published. The final population data for Census 2011 was published almost two years after release of the provisional data in March-end 2011. Even with a 'digital' ...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 >
Chandigarh (Punjab) [India], June 7 (ANI): Vice-President Jagdeep Dhankhar said that the 'government of the day is handicapped' as it can't register a first information report and said that the three-decades-old judicial order provides a 'virtually impregnable cover'. The Vice-President of India, Jagdeep Dhankhar, today said, 'The Government of the day is handicapped. It can't register an FIR. Because there is a judicial order. And that judicial order is more than three decades old. It provides virtually impregnable cover. Unless permission is accorded by a functionary at the highest level in ...Read More >
NEW DELHI: The Uttar Pradesh administration has imposed restrictions on the entry of outsiders into violence-hit Sambhal until December 10, with officials urging leader of opposition in Lok Sabha, Rahul Gandhi to reconsider his planned visit on Wednesday. Moradabad divisional commissioner Aunjaneya Kumar Singh said there is a need for calm in the region, and that "any provocation could escalate the situation" in the district. "The situation in Sambhal is normal right now, but tensions persist," Singh said. "The District Magistrate has banned the entry of people from outside until 10 December ...Read More >
New Delhi: Congress MP and the Leader of Opposition (LoP) Rahul Gandhi on Monday made a rare praise for the 'Make In India' program, even commending the Prime Minister Narendra Modi for bringing in the 'good idea' but then went to disapprove it by calling it 'damp squib'. Speaking in the Lok Sabha during the Motion of Thanks on the President's address, Gandhi said 'Make in India' was conceptually good but the PM failed to deliver the results despite making a good effort. "Prime Minister proposed the Make In India program. I think it was a good idea, however the result is in front of you all, ...Read More >
New Delhi, December 4: In a significant move to enhance customer experience and protect citizens, the Lok Sabha on Wednesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees in their accounts. The higher number of nominees aims to reduce unclaimed deposits in banks. Finance Minister Nirmala Sitharaman said that depositors will have the option of successive or simultaneous nomination facility, while locker holders will have only successive nominations. Another sweeping change relates to redefining 'substantial interest' for directors ...Read More >
The Andhra Pradesh government inked a Memorandum of Understanding (MoU) with Google. The tech giant will launch its operations from Visakhapatnam in the State. Making the announcement at the district collectors' conference on Wednesday, Chief Minister N. Chandrababu Naidu said HRD Minister Nara Lokesh's efforts have paved the way for this. The MoU was a significant development and would be a game changer. Visakhapatnam is poised for transformative growth, Mr. Naidu said. The chief minister, in ...Read More >
News 2 min read Indian IT industry to see 30-35 pc high demand for niche tech roles in 2025 The Indian IT industry is projected to see 30-35 per cent increased demand for highly-specialised tech roles in 2025, along with increased spending on upskilling in the coming years, according to a new report. New Delhi, The Indian IT industry is projected to see 30-35 per cent increased demand for highly-specialised tech roles in 2025, along with increased spending on upskilling in the coming years, acco ...Read More >
New Delhi, Dec 12 (PTI) The Union Cabinet on Thursday approved bills to implement 'One Nation, One Election', and the draft legislations are likely to be introduced in Parliament in the ongoing Winter session, sources said. The decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi. The government is keen on holding wider consultations on bills which are likely to be referred to a parliamentary committee. Sources said the government was also keen to consult the Speakers of various state legislative assemblies through the committee. Moving ahead with it ...Read More >
New Delhi [India], May 20 (ANI): Prime Minister Narendra Modi on Tuesday condoled the passing of Dr. Jayant Narlikar, a luminary in the field of astrophysics and said that the latter's writings have also gone a long way in making science accessible to common citizens. "The passing of Dr. Jayant Narlikar is a monumental loss to the scientific community. He was a luminary, especially in the field of astrophysics. His pioneering works, especially key theoretical frameworks, will be valued by generations of researchers," PM Modi posted on X. "He made a mark as an institution builder, grooming ce ...Read More >
Sample of Earth Minerals. (Representative) Quick Read Summary is AI generated, newsroom reviewed. India is negotiating with companies to create long-term rare earth magnet stockpiles. The initiative aims to reduce dependence on China, which controls 90% of magnet processing globally. The government is considering fiscal incentives to boost domestic production of rare earth magnets. New Delhi: India is holding talks with companies to establish long-term stockpiles of rare earth magnets by offering fiscal incentives for domestic production, people familiar with the matter said. Building ...Read More >
Chandigarh (Punjab) [India], June 6 (ANI): Vice President Jagdeep Dhankhar on Friday expressed concern over the recent cash controversy involving former Delhi High Court judge Justice Yashwant Varma. A substantial amount of unaccounted cash was discovered at Justice Varma's residence after a fire broke out in mid-March. The incident has sparked widespread debate and scrutiny. He questioned the absence of an investigation into the issue and why no FIR was registered for the same. The Vice President said, 'A painful incident happened in mid-March in Delhi at the residence of a sitting judge. ...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 >
New Delhi, November 26: Prime Minister Narendra Modi on Tuesday said that the government at the Centre has strengthened the spirit of the Constitution over the last 10 years. Addressing the Constitution Day celebrations at the Supreme Court, PM Modi highlighted that in the last 10 years, more than 53 crore bank accounts were opened, more than 4 crore pukka houses were given and more than 10 crore free gas connections were given. "In the last 5-6 years, by providing tap water facilities in more than 12 crore houses, the government made the lives of citizens easy, particularly of women," he sai ...Read More >
New Delhi [India], June 5 (ANI): The Election Commission of India (ECI) on Thursday announced that it would streamline its technology-driven system for generating Index Cards and various other post-election statistical reports. The new system will ensure faster reporting through automation and data integration. "This upgraded mechanism replaces the traditional manual methods, which were often time-consuming and prone to delays. By leveraging automation and data integration, the new system ensures faster reporting," the press note issued by the Election Commission read. Also Read | Delhi: Hig ...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 >
PNN Hyderabad (Telangana) [India], December 6: We are thrilled to announce that ABSYZ Software Consulting, a Youngsoft company, and a trusted Salesforce partner since 2014, has been elevated to Salesforce Summit Partner status, the highest recognition within the Salesforce consulting ecosystem. This milestone highlights ABSYZ's unwavering commitment to excellence, innovation focused on customer needs, and delivering transformative results for clients through its global Salesforce implementations. As one of the elite 5% of Salesforce consulting partners worldwide, this achievement reflects ou ...Read More >
New Delhi, June 5 (SocialNews.XYZ) To mitigate delays in poll data dissemination, Chief Election Commissioner Gyanesh Kumar on Thursday approved a technology-driven system to generate Index Cards and various statistical reports after elections. The upgraded mechanism replaces the traditional manual methods, which were often time-consuming and prone to delays, said an official. Index Cards form the foundation for generating about 35 Statistical Reports for Lok Sabha elections and 14 for state Assembly elections, he said. "By leveraging automation and data integration, the new system ensures ...Read More >
New Delhi: Union Home Minister Amit Shah on Tuesday said that when the 'One Nation, One Election' Bill was taken up in the cabinet for approval, Prime Minister Narendra Modi suggested that the bill be sent to a Joint Parliamentary Committee (JPC) for detailed discussions. Shah said, "When the One Nation, One Election Bill was taken up in the cabinet for approval, PM Modi had said that it should be sent to the JPC for detailed discussion. If the Law Minister is willing to send the bill to JPC, the discussion on its introduction can end." Proposal Made By Union Minister Arjun Ram Meghwal Supp ...Read More >
Supreme Court NEW DELHI: The Supreme Court on Wednesday scheduled a hearing for February 4 to address petitions challenging the appointment process for the chief election commissioner (CEC) and election commissioners (ECs) under the 2023 law. The apex court said, "It will be the opinion of the court under Article 141 versus legislative power to enact law." A bench comprising Justices Surya Kant, Dipankar Datta, and Ujjal Bhuyal mentioned the critical issue at hand. It was informed by advocate Prashant Bhushan, representing an NGO, pointed out that incumbent CEC Rajiv Kumar is set to retire on ...Read More >
Bhopal, June 5 (SocialNews.XYZ) Senior BJP leader and Madhya Pradesh Cabinet Minister for Urban Development, Housing and Parliamentary affairs, Kailash Vijayvargiya stirred controversy on Thursday with remarks disapproving of women wearing short outfits, asserting that such a trend is a foreign concept of beauty and not aligned with Indian tradition. A six-time legislator and a state government minister, Vijayvargiya emphasised that in Indian culture, women are regarded as a form of Goddess and should dress in a manner that reflects grace and dignity. Comparing cultural perspectives, he stat ...Read More >
New Delhi, Jun 6 (PTI) The government on Friday launched the UMEED portal that would create a digital inventory after geo-tagging of all Waqf properties with Minority Affairs Minister Kiren Rijiju calling it a historic step that would ensure that community-owned Waqf assets are utilised effectively and fairly for poor Muslims. The UMEED central portal, short for Unified Waqf Management, Empowerment, Efficiency and Development Act, 1995 will serve as a centralised digital platform for real-time uploading, verification, and monitoring of Waqf properties. Also Read | How To Activate Your UAN On ...Read More >