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: The Indian rupee on Tuesday slipped to a fresh all-time low, crossing the 91 mark, making it one of the weakest major currencies globally this year and the weakest in Asia in 2025 so far. The pressure on the currency is being driven by uncertainty around the India-US trade deal, continued foreign institutional investor (FII) outflows and persistent US dollar buying. Over the past 9 trading sessions, the currency has declined from 90 to 91 against the dollar, including a one percent drop in just the last five sessions. According to forex traders, the rupee might even cross the 92 per dollar-mark this month. The rupee is currently the worst-performing Asian currency, with 6 per cent depreciation witnessed in 2025 so far. Foreign portfolio investors have withdrawn over $2.7 billion in the first two weeks of December alone, placing the month among the largest episodes of net outflows recorded this year. Over the year so far, FPIs have net sold over $18 billion of local stocks, on track to be the worst yearly outflow on record. At the interbank foreign exchange, the rupee opened at 90.87 against the greenback and traded in the range of 90.76 to 91.14 before settling at 91.01 (provisional), down 23 paise from its previous close. Anil Bhansali, head treasury at Finrex Treasury Advisors said, "Rupee made a new lifetime low as dollar buying continued with news that (US President) Donald Trump has not agreed to the new trade proposals from India. So the deal goes into limbo till a new one is finalized." "The 92 level looks eminent now unless RBI has other ideas or the India US trade deal is finalized," added Bhansali. Anindya Banerjee, Head Currency and Commodity Research, Kotak Securities said, "Globally, rising US bond yields and expectations of a Bank of Japan rate hike have triggered an unwinding of the yen carry trade. This has led to risk aversion across equities, credit, crypto, and some commodities, adding speculative pressure on emerging-market currencies, including the rupee. "In the near term, the 90 level remains a key support, while 91.25 is an important resistance. A sustained break higher could open the door towards 92. The RBI's relatively limited intervention so far appears deliberate. With India's growth strong and inflation contained, policymakers may be comfortable allowing some currency depreciation, especially in a global trade-war environment where a weaker currency can support export competitiveness," added Banerjee. The RBI injected $5 billion during the day through a foreign-exchange swap auction, deploying the tool for the first time since March as signs of liquidity strain emerge among lenders. The auction drew bids a little over twice the $5 billion size. The swap is part of a $16 billion liquidity injection into the banking system, aimed at boosting transmission of rate cuts to lending rates. In a buy-sell swap, the RBI purchases dollars from banks against rupees and agrees to sell them back at a future date -- injecting rupee cash up front. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.08 per cent lower at 98.23. The Union government on Monday tried to allay concerns in the Lok Sabha over the continued depreciation of the Indian rupee against the US dollar. "The exchange rate of the Indian rupee (INR) vis-à-vis the US dollar closed at Rs 89.41 per dollar on November 21, 2025. It was at Rs 89.64 per dollar on December 1, 2025, and further weakened to Rs 90.42 per dollar on December 4, 2025," Minister of State for Finance Pankaj Chaudhary said in Parliament on December 15, 2025. He said that the rupee is market-determined and that there is no target, level or band prescribed for the exchange rate. "The RBI continuously monitors developments in the foreign exchange market and intervenes only to address episodes of excessive volatility," Chaudhary said. The minister added that the RBI closely tracks global developments that could influence the dollar-rupee exchange rate, including monetary policy actions by major central banks, key global economic data releases, OPEC+ decisions, geopolitical developments, and daily movements in G10 and emerging-market currencies.
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 >
The Cure SMA Foundation of India has praised the government’s recent efforts to address rare diseases, including Spinal Muscular Atrophy (SMA), with over Rs 900 crore allocated for treatment procurement. The foundation urges swift action to implement the procurement process within 45 days, following the Delhi High Court’s directive. SMA, a life-threatening genetic disease, has limited treatment access in India. While the drug Risdiplam has brought hope, collaborative efforts are needed to ensure wider availability. Experts stress the importance of a holistic approach to SMA care, citing Kerala ...Read More >
The Indian government launched the Rs. 1,435 crore PAN 2.0 project. Announced by Information and Broadcasting Minister Ashwini Vaishnaw, the project aims to establish the PAN number as a common business identifier across all government digital systems. PAN 2.0 Project Launch The Rs. 1,435 crore PAN 2.0 the project aims to establish the PAN number as a common business identifier across all government digital systems. CCEA Approval The Cabinet Committee on Economic Affairs (CCEA) approved the project under the Income Tax Department. As per Information and Broadcasting Minister Ashwini Vaish ...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 >
The chip makers around the world felt the relief of a rumor suggesting that the sales curb to China could be less severe than previously expected. But the news didn't necessarily translate in a strong rally. ASML (NASDAQ:ASML) - Europe's biggest chip equipment maker that predicted a 30% fall to its Chinese revenue next year - closed 0.22% lower yesterday, while Tokyo Electron - which was up by more than 6% yesterday - couldn't extend gains at today's session. With US markets paused for the Thanksgiving break, France was at the heart of the attention yesterday. The political drama, there, only ...Read More >
The financial repercussions of Parliament disruptions are considerable, impacting both public resources and the productivity of the nation's legislative process. However, both the Lok Sabha and Rajya Sabha have cumulatively functioned for merely 2 hours, with daily disruptions and sloganeering resulting in adjournments. The Rajya Sabha faced disruptions today (December 2) as Vice Chairman Jagdeep Dhankhar expressed discontent over sloganeering by Opposition MPs. The protests, which centered around demands for discussions on key issues, forced the Vice Chairman to adjourn the session until 12 ...Read More >
ess than 24 hours after he asserted in Nigeria's Abuja that stepping out of the comfort zone, innovating and creating new paths has now become the very essence of today's India, Prime Minister Narendra Modi on Monday told the gathering of world's most influential leaders converged in Rio de Janeiro for the G20 Summit that the main reason for India's success lies in his government's 'back to basics' and 'march to the future' approach. Addressing the G20 session on 'Social Inclusion and the Fight Against Hunger and Poverty' at the bayside museum of modern art during the two-day 19th G20 Summit, ...Read More >
Mumbai, November 26: The final allotment for the NTPC Green Energy IPO has been confirmed, and investors can now check their status through bank debit messages or online platforms such as the BSE, NSE, and Kfin Technologies. The shares of NTPC Green Energy, which opened for subscription on November 19 and closed on November 22, are set to be listed on the stock exchanges on Wednesday, November 27, 2024. The public offering received strong investor interest, with the issue oversubscribed by 2.42 times, according to the National Stock Exchange (NSE). Analysts maintain a positive long-term outlo ...Read More >
Bigg Boss 18: Shilpa Shirodkar is termed 'biggest backstabber' after Vivian Dsena... Deepak Kalal fights with passenger in flight? Know the truth behind viral video Delhi court fixes Nov 28 for hearing former CM Arvind Kejriwal's plea over sanction copy in... Where will the Champions Trophy 2025 be played? ICC to take final call on THIS date Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan recalls telling Amitabh Bachchan he made 'big mistake' by... Deepinder Goyal's Zomato opens Rs 8500 crore QIP share sale, sets floor price at Rs... Delhi Capitals co-owner pens emotional fare ...Read More >
Proceedings in both houses of the Parliament came to halt on Wednesday amid protests by Oppostion members over the Adani Bribery controversy, recent violence in Sambhal in Uttar Pradesh and other issues. Lok Sabha proceedings were initially adjourned until 12 noon and later until Thursday, as Opposition members, including those from Congress, protested and sought to raise various issues at the start of the session. Some members from the Congress and Samajwadi Party were in the Well while other Opposition members stood in the aisle and shouted slogans. The Opposition members wanted to discus ...Read More >
At the interbank foreign exchange, the rupee opened at 84.49 against the greenback, registering a fall of 2 paise over its previous close The rupee fell 2 paise to trade at 84.49 against the U.S. dollar in early trade on Friday (November 29, 2024) dragged down by significant foreign fund outflows and month-end dollar demand from importers. Forex traders said the rupee remains in a weakening mode due to dollar demand from importers and foreign banks. At the interbank foreign exchange, the rupee opened at 84.49 against the greenback, registering a fall of 2 paise over its previous close. On ...Read More >
PNB shares 1.69 per cent in Friday's trading sessionNaga Chaitanya-Sobhita pre-wedding celebrations are on! Check pictures from their Haldi ceremonyWelfare pension fraud: Luxury car owners, affluent individuals found on beneficiary listsAshok Leyland shares 0.49% as Sensex risesRealty sector business sentiment signals growth, sustained optimism, surveyInfo Edge stock price 0.81 per cent as SensexWho is Chinmoy Krishna Das Brahmachari; the ex-Iskcon member caught in the middle of communal tensions in Bangladesh?Amid suspense over Maharashtra CM, major Mahayuti meet cancelledMarico shares 0.52% ...Read More >
The company's shares, which were priced at just ₹7.75 apiece three years ago, have skyrocketed by an incredible 25,758%, currently trading at ₹2,004. At the stock's peak price of ₹3,169, achieved in early October, the returns were even more astounding, reaching 40,790%. Eraaya Lifespaces has been making significant strides on Dalal Street, with its shares consistently reaching record highs month after month, delivering substantial returns to its shareholders in a relatively short time. The company's shares, priced at just ₹7.75 apiece three years ago, have skyrocketed by an incredible 25,758 ...Read More >
H.E. Josel Francisco Ignacio, current Ambassador of the Philippines to India shares his credentials with President Droupadi Murmu On 16 November 1949, the Philippines and India, the two independent democracies would forge diplomatic ties. The two republics were born just a few years apart, first set out on the road to their bilateral friendship and collaboration. This inaugurated a period of closer government interaction, commerce and investment, and other bilateral and multilateral cooperation. Building on much common ground in history, democratic ideals, socio-economic imperatives and aspi ...Read More >
Hackout at ZLB23 November 29, 8 pm onwards ZLB23, A Kyoto Speakeasy at The Leela Palace, Old Airport Road Entry: Reservations via +91 9632060433 HackOut! is an Italian experimental jazz trio, who are "bass-less" in that they experiment without that low-end. Established in 2019 at the F Venezze Conservatory of Rovigo, HackOut! comprises Manuel Caliumi on alto sax, Luca Zennaro on guitar and Riccardo Cocetti on drums. Hackout | Photo Credit: Special Arrangement On the back of releasing their new album Cortado, the band are touring India for the first time, with a stop in Bengaluru at ZLB23 ...Read More >
The U.S. dollar continued its strong run on Monday, bolstered by soaring Treasury yields and expectations of limited Federal Reserve rate cuts. Meanwhile, the yen steadied ahead of a key speech by Bank of Japan Governor Kazuo Ueda, where he may hint at a possible rate hike in December, with markets pricing a 55% chance of such a move. Japanese Finance Minister Katsunobu Kato's warning on yen intervention caused a temporary pullback, while the dollar index touched a one-year high of 107.07. Analysts forecast further dollar gains as U.S. economic policies and performance outshine global peers. K ...Read More >
SynopsisOn the technical charts, the RSI of the stock stood at 49.49.Shares of Bajaj Holdings & Investment Ltd. traded 1.41 per cent at Rs 10447.00 at 01:30PM (IST) on Tuesday, even as BSE benchmark Sensex 227.01 points to 79882.84. The stock had closed at Rs 10596.80 in the previous session. The stock quoted a 52-week high price of Rs 11348.50 and 52-week low of Rs 7212.00, respectively. As per BSE data, total traded volume on the counter till 01:30PM (IST) stood at 638 shares with a turnover of Rs 0.68 crore. At the prevailing price, shares of the company traded at 15.71 times its trailing ...Read More >
Euro zone government bond yields increased slightly as investors await upcoming inflation data that may influence the European Central Bank's policy direction. Concerns over potential tariff hikes from the U.S. could further impact ECB strategies. Germany's bond yields and political tensions in France also add to the economic uncertainties. On Tuesday, euro zone government bond yields saw a minor increase after hitting multi-week lows in the previous session. Investors are keenly awaiting inflation data later this week that could provide insight into the European Central Bank's potential poli ...Read More >
The Minister for Information, Communication, Technology and National Guidance, Hon. Chris Baryomunsi has unveiled government plans to extend internet connectivity to all sub-counties through a loan acquired from the Exim Bank of China. Baryomunsi said that with the US$150 million, government will go beyond its ministries, departments, agencies (MDAs) and district headquarters) to connect all sub-counties to the National Backbone Infrastructure (NBI). "This is vital for ensuring that all regions benefit from the digital economy. Last mile connectivity, the final segment connecting the NBI to ...Read More >
China and Hong Kong stock markets are experiencing a downturn due to rising concerns over the U.S.-China trade war, particularly regarding proposed tariffs and chip sales restrictions. The CSI300 and Shanghai Composite indexes fell, while Hong Kong's Hang Seng Index dropped 1.32%. Investors are wary of potential new restrictions on semiconductor and AI chip exports to China, further exacerbating market uncertainty. The automotive sector, led by BYD, also suffered from intense price competition among Chinese carmakers. Investor sentiment remains cautious, reflecting fears of escalating trade te ...Read More >
Mumbai, November 29: The Indian stock market opened in green on Friday as buying was seen in the Media and Pharma sector in early trade. At around 09.44 a.m., the Sensex was trading at 79,369.57 after gaining 325.83 points or 0.41 per cent, while the Nifty was trading at 24,019 after rising 104.85 points or 0.44 per cent. The market trend remained positive. On the National Stock Exchange (NSE), 1345 stocks were trading in the green, while 876 stocks were in the red. Nifty Bank was up 224.45 points or 0.43 per cent at 52,131.30. Nifty Midcap 100 index was trading at 56,397.95 after gaining 97. ...Read More >
NEW DELHI: Backing embattled Adani Group, rating agency CRISIL Ratings on Friday said the conglomerate has sufficient liquidity and operational cash flows to meet debt obligations and committed capex and that there has been no negative actions so far by lenders and investors following the US indictment of group founder chairman. The Adani Group, which has the flexibility to reduce certain discretionary capital expenditure (capex) depending on developments in financial markets and future capital availability, has a healthy Ebitda and cash balance that reduces its dependence on external debt to ...Read More >
Amazon Web Services (AWS) has launched the Quantum Embark advisory program to help businesses prepare for the emerging quantum computing era. The program comes as quantum stocks, like IonQ, see significant growth, driven by innovations in drug discovery, cryptography, and materials science. Companies like D-Wave and Rigetti are advancing quantum technologies, with D-Wave focusing on optimization problems and Rigetti on scalable quantum systems. Despite early financial losses, these companies are gaining traction with government contracts and commercial clients. As quantum computing evolves, in ...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, Nov 28 (PTI) Coworking firm Incuspaze, which provides managed flexible office spaces to corporates, is looking to raise USD 25 million (over ₹210 crore) to expand its business across major cities before planning to launch its Initial Public Offer (IPO). Established in 2016, Incuspaze has a presence in 44 locations across 18 cities with a total portfolio of 40 lakh square feet. "We plan to add another 2 million (20 lakh) square feet in our portfolio by the end of December 2025," Incuspaze founder and CEO Sanjay Choudhary told PTI. In view of the growing demand for flexible workspa ...Read More >
Promoters held 0.0 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 8.69 per cent and 3.41 per cent, respectively.The share price of Siemens Ltd. 0.4 per cent to Rs 7591.50 at 11:59AM (IST) in Monday's trade. The scrip has hit a high of Rs 7647.95 and low of Rs 7529.70 so far during the session. The stock had closed at Rs 7560.95 in the previous session. The counter has had a total traded volume of 6308 shares so far with a value of Rs 4.79 crore on the NSE. It traded at a price-to-earnings multiple of 99.42 and a price-to-book ratio of 16.80. A higher pr ...Read More >
Cybercrime is quickly increasing in India, with reports surfacing daily about victims losing large sums of money to scammers. These scammers often use tactics like threatening a "digital arrest" to instill fear and pressure individuals into transferring money. They typically operate from foreign countries to evade capture by law enforcement. The Indian government, including Prime Minister Modi, is actively raising awareness about these scams. Recently, the Department of Telecommunications (DoT) issued a warning to the public regarding international fraud calls. They advised people to be caut ...Read More >
Major blast outside Badshah's nightclub in Chandigarh, glass window shatters; no casualty Amid linkup rumours with Abhishek Bachchan, Nimrat Kaur says 'that spotlight belonged to you': 'Main ta bahut lucky..' 'One Nation One Subscription': Centre's scheme to ensure access to research articles, journals EXPLAINED Shillong Teer Results TODAY November 26, 2024: Check winning numbers here Meet woman who has become the youngest to travel all 195 countries, she is from... Kerala lottery TODAY November 26 Live Sthree Sakthi SS 443 Tuesday, check winning ticket, prize money here The Matrix villa ...Read More >
Donald Trump’s re-election fueled a massive stock market rally in November, with the S&P 500, Dow Jones, and NASDAQ posting impressive gains of 5.7%, 7.5%, and 6.2%, respectively. Investors who picked the right stocks enjoyed exceptional profits, particularly with ProPicks AI, which delivered a staggering 91.37% return since its launch. This tool leverages big data and historical analysis to identify high-performing stocks, offering a 49% outperformance against benchmarks. As December begins with optimism, ProPicks AI has released its latest stock picks, available through a Cyber Monday deal o ...Read More >
Mumbai: Indian stock markets on Wednesday opened near the flatline on a cautious note, tracking the subdued sentiment in Asian markets. At the opening of the trade, Nifty at National Stock Exchange (NSE) started at 24,204.80, up 10.30 points and Sensex at 80,121.03, up by about 122 points. In the opening trade, the stocks of Coal India, Adani Enterprises, Mahindra and Mahindra, Adani Ports, and Kotak Banks were the top gainers. On the other hand, IndusInd Bank, Cipla, Tata Consumer Products, Bharti Airtel, and UltraTech Cement were the major losers on the NSE. Among the sectoral indices, Aut ...Read More >