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.
Kolkata: An Indian fishing trawler, FB Paramita-11, capsized near the India-Bangladesh International Maritime Boundary Line (IMBL) in the Bay of Bengal during the wee hours of Monday, causing all 16 fishermen, including the captain, to fall into the water. At the time of filing of the report, 11 had been rescued. But five remained missing. The Indian Coast Guard (ICG), however, stated that 15 fishermen had been rescued and maintained that there was no trace of five. The trawler had set out from N
Chennai, Jun 29 (PTI) Tamil Nadu Chief Minister MK Stalin on Sunday conveyed to the Centre that 8 fishermen have been arrested by Sri Lanka and sought its intervention to ensure their safe return. Writing to External Affairs Minister S Jaishankar, Stalin said: "I wish to draw your urgent attention to a matter of grave concern affecting the livelihood and safety of Indian fishermen, particularly those from Tamil Nadu." The CM said it has been reported that the Sri Lankan authorities on June 29, 2025 apprehended 8 fishermen from Rameswaram and seized their mechanised fishing boat. Such inciden ...Read More >
Chennai, June 29 (UNI) Eight fishermen from Tamil Nadu were arrested by the Sri Lankan Navy while fishing in the high seas today, even as Chief Minister M K Stalin urged External Affairs Minister (EAM) Dr S Jaishankar to initiate proactive diplomatic steps to secure their release along with their boat. The eight fishermen, hailing from Rameswaram in Ramanathapuram district, were fishing in a mechanised boat near Katchatheevu, when they were arrested by the Sri Lankan Navy personnel. The Lankan Navy arrested them for fishing in their territorial waters after crossing the International Mariti ...Read More >
Raigad (Maharashtra) [India], July 8 (ANI): Maharashtra Police beefed up the security along the Raigad coastline after the Indian Coast Guard informed the ICG Murud in the Raigad district that a 'suspicious' Pakistani boat had been spotted 2.5 to 3 nautical miles offshore near the Korlai coast. However, after the police investigation, it was discovered that the 'suspicious object' spotted is likely a fishing net buoy fitted with a GPS tracker, used to prevent nets from sinking and to facilitate retrieval, police said in a statement. Also Read | Gold Rate Today, July 8, 2025: As Gold Price Co ...Read More >
Kolkata: Thirty-four fishermen from Kakdwip in two fishing trawlers were allegedly detained by the Bangladesh Navy in the early hours of Monday for allegedly crossing into Bangladeshi waters while fishing in the Bay of Bengal. According to sources, the two trawlers -- FV Jhor and FV Mangalchandi -- were intercepted about 77 nautical miles from the Fairway Buoy of Mongla Port in Bangladesh.Bangladesh media reported that a Bangladesh Navy patrol vessel spotted the trawlers fishing within their exclusive economic zone and detained the crew along with the boats and fishing equipment. The fishermen ...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, Jun 30 (PTI) The coast guards of India, Japan, the US and Australia have launched the first-ever "Quad-at-sea" mission to boost operational coordination and interoperability in the Indo-Pacific. The decision to launch the mission was taken at the four-nation's grouping annual summit in Wilmington in September last year that was attended by Prime Minister Narendra Modi and other Quad leaders. "In a significant stride toward strengthening maritime security and interoperability in the Indo-Pacific, the coast guards of India, Japan, the United States, and Australia have launched the f ...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 [India], July 12 (ANI): Assam Chief Minister Hemanta Biswa Sarma on Saturday, inaugurated India's first Aqua Tech Park in Sonapur, Assam, with an aim to boost fish production. Additionally, this will help in generating earning opportunities in the state of Assam. Also Read | Air India Plane Crash: AAIB Report Preliminary, We Can't Say Anything Definite at This Point, Says MoS Civil Aviation Murlidhar Mohol (Watch Video). "India's first Aqua Tech Park inaugurated in Sonapur, Assam. Dedicated the Aqua Tech Park,a first of its kind in India which will greatly boost fish production an ...Read More >
Kolkata, July 15: As many as 34 fishermen, mostly hailing from the coastal belt of Kakdwip in South 24 Parganas district of West Bengal, have been detained by the Bangladesh administration after their fishing trawlers allegedly crossed the international waters and entered the neighbouring country's coastline. As per information communicated to the West Bengal government, the incident took place late on the night of July 13, and the matter was communicated to the Indian and the West Bengal administration officially by the Bangladesh government on Tuesday morning. Tamil Nadu: 8 Indian Fishermen ...Read More >
Chennai, Jul 15 (PTI) The ManipalCigna Health Insurance Company Ltd has planned to expand its footprint in Tamil Nadu with 10 more branches and add over 10,000 advisors across South India. ManipalCigna Health Insurance Company Ltd is a joint venture between Manipal Group, an eminent player in healthcare delivery and higher education and global health services company Cigna Healthcare. Also Read | Aadhaar Free Update: Government Requests Parents to Update Children's Aadhaar Biometrics Between Age 5-7, Free of Cost. Citing a data from the General Insurance Council (GIC), ManipalCigna said it ...Read More >
Patna, July 19 (SocialNews.XYZ) In a major action against corruption, the State Vigilance Unit (SVU) on Saturday arrested Sub-Inspector Putul Kumari, the SHO of the Women's Police Station in Samastipur, for accepting a bribe of Rs 20,000. Her driver was also arrested in the case. The arrest has created a stir within the police department. According to an official, Putul Kumari was caught red-handed while taking the bribe from Rajiv Ranjan, a resident of Chhatauna village under Mufassil police station limits, in connection with an assault case. Rajiv Ranjan had filed a written complaint with ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Actor Harshvardhan Rane, who was last seen in 'The Miranda Brothers', is heaping praise on the recently released film 'Saiyaara', and its team. On Saturday, the actor took to the Stories section of his Instagram, and penned a special note for the film and its makers after it witnessed a stellar opening day. He wrote, "Another melodious example of a love story shattering all myths and formulas of the industry. Honest heart wrenching love story wins again in 2025! #Saiyaara". 'Saiyaara', which stars Aneet Padda, and marks the debut of Ahaan Panday, is helmed b ...Read More >
Tihar jail authorities on Friday issued a statement dismissing reports concerning the critical health of Jammu and Kashmir separatist leader Shabir Ahmad Shah, saying that he is receiving regular medical attention and his condition remains stable. The statement comes in the backdrop of appeals from Jammu and Kashmir's various political parties and his daughter for proper medical care for Shah, who they claim is suffering from a life-threatening illness. "Some rumours are reportedly being circul ...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 >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
Rameswaram (Tamil Nadu) [India], July 13 (ANI): Seven Indian fishermen were arrested by the Sri Lankan Navy on Sunday morning for allegedly fishing across the maritime border between the two countries, Rameswaram Fishermen Association said. As per the association, at around 5 am, the Sri Lankan Navy apprehended the crew of the fishing boat IND-TN-10-MM-746, belonging to V Isaac Paul of Rameswaram Thangachimadam, on the charges of crossing the international maritime boundary. The arrested fishermen, identified as P Tuthar (40) of Thangachimadam Raja Nagar, P Edison (51) of Thangachimadam Wala ...Read More >
TIRUCHY: Tamil Nadu fishers who have been facing frequent arrests on charges of crossing the International Maritime Boundary Line (IMBL) at the Palk Strait would soon get a good news as the bilateral talks between India and Sri Lanka has witnessed positive approach and negotiations are being made to solve the mid-sea issues faced by the Indian fishermen particularly those who are from Tamil Nadu. Palk Street is a narrow strip of water separating Tamil Nadu and the Northern Province of Sri Lanka and the Gulf of Mannar, where the controversial Katchatheevu is situated. Sources revealed that fo ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...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 >
New Delhi: Israeli Prime Minister Benjamin Netanyahu admitted that his country is supporting an armed group in Gaza that opposes Hamas. Hamas is a banned terrorist group that controls Gaza, which is involved in many terrorist attacks on Israel. A former Israeli minister has revealed that his country is also arming this anti-Hamas group. Israeli and Palestinian media have reported that the group Israel is working with is part of a local Bedouin tribe led by Yasser Abu Shabab. This group has also been accused of looting international aid in the Gaza Strip. Hamas has also carried out many attacks ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
Mumbai, July 7 (PTI) After a 20-hour search operation involving multiple agencies, the "suspicious boat" spotted in the Arabian sea in Maharashtra's Raigad district has been identified as a fishing net buoy which was drifted into the Indian waters with an AIS transponder, police said on Monday. Considering the high alert situation, the sensitive operation has not been called off yet, said Raigad Superintendent of Police Aanchal Dalal. The Indian Coast Guard on Sunday night informed the police that the suspected Pakistani boat, "Muqadar Boya 99" with a boat number MMSI-463800411 was spotted n ...Read More >
Mumbai On High Alert: Unidentified Boat Spotted Near Raigad Coast; Security Protocols Increased (VIDEO) | Representatinal Image A high-alert security scare off the Raigad coast late on Saturday evening triggered a swift and extensive response from the Mumbai Crime Branch, Raigad Police, and multiple maritime security agencies. The suspected Pakistani boat, which was initially believed to pose a possible infiltration threat, was ultimately identified as a floating fishing net buoy commonly used by local fishermen.The suspected Pakistani boat, which was initially believed to pose a possible inf ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent muted demand scenario. Select companies from metals, pharmaceuticals, cement, banking and finance and ...Read More >
Vijayawada: Chief Minister N Chandrababu Naidu directed officials to transform the state into a zero-crime-rate state by leveraging technology. He emphasised that Andhra Pradesh should become a model state in law and order monitoring through effective use of technology. The Chief Minister conducted a review with officials on real-time governance at the Secretariat. He instructed that crime hotspots be continuously monitored through CCTV cameras to control criminal activities. He also directed officials to revise regulations to allow the use of footage from private CCTV cameras, stressing that ...Read More >
Udupi: The bodies of all three fishermen, who went missing after their boat capsized off the Gangolli coast on Tuesday morning, have been recovered. According to police, the body of Suresh Kharvi, 48, was found near the Kodi sea walk in Kundapur around 7am on Thursday. On Wednesday, the body of Jagannath Kharvi, 50, was recovered near Kinara Hotel on the Kodi coast, while Lohith Kharvi's body was found near Kodi Lighthouse in Kundapur.The three fishermen went missing after their gillnet boat, Shree Hakrematha Yaksheshwari, capsized in the Arabian Sea around 8am on July 15, shortly after they b ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >
Udupi: Three fishermen have gone missing after their traditional fishing boat capsized off the Gangolli coast in Udupi district. The missing have been identified as Suresh Kharvi, Rohith Kharvi and Jagadish Kharvi of Malyarubettu. They were part of a group of four fishermen who had ventured into the sea for fishing in a boat owned by Suresh Kharvi. According to sources, the sea turned rough during the trip. When the fishermen attempted to return to shore, the boat reportedly overturned due to t ...Read More >
UDUPI: The body of a missing fisherman was recovered on Wednesday evening. The deceased is Jagannath, 50.In a complaint, Akash said that his uncle went fishing on June 15 at around 6 am, along with Suresh, Lohith, and Santosh in a gillnet fishing boat named Sri Hakrematha Yaksheshwari. After completing their fishing trip, they were returning and nearing the outer gate of the Gangolli port when they were caught in a sudden and intense storm. A strong wave hit the boat, causing all four men to fall into the sea along with the boat.Of the four, Santosh was rescued by fishermen from a nearby boat, ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in Srinagar, and two in Budgam district -- (KNO) ...Read More >