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.
Surat (Gujarat) [India], December 17 (ANI): A fire broke out at a chemical factory in Makhinga village of Palsana in Surat, Gujarat, on Wednesday. Fire tenders were rushed to the spot, and efforts to control the fire are underway, a fire officer said. Fire Officer Rishi Soni told reporters, "A call was received this morning about a fire in a chemical factory. The fire tenders were immediately deployed on the spot. The efforts to douse the fire are underway. The cause of the fire is unknown." Further details are awaited. Earlier on December 12, a massive fire broke out at a plastics raw material company in Gujarat's Valsad, with local fire authorities deploying multiple fire tenders to douse the blaze. Visuals from Tumb village in Umbergaon taluka, Valsad, showed multiple firefighting officials carrying water containers to douse the flames engulfing the godown. While no casualties have been reported so far, firefighting operations were carried out with at atleast six fire tenders on site. On Thursday evening, December 11, a fire broke out at a godown in Gujarat's Surat. Surat Chief Fire Officer Basantkumar Pareek told ANI, "Wooden items, used in weddings, are stored here. Flammable materials like mattresses, cushions and PVC chairs are also here. We are making efforts to ensure that the fire doesn't spread." About 50 fire personnel carried out the operation, and no casualties were reported, the fire officer said. (ANI)
Chennai (Tamil Nadu) [India], July 2: Entrepreneur India EV 2025, held in Chennai on June 27-28, catalyzed bold conversations around India's electric future, bringing together policy visionaries, industry stalwarts, and capital enablers. The summit was a powerhouse of insights, partnerships and next-gen strategies--making it clear that India isn't just part of the global EV race; it's aiming for pole position. Also Read | FIFA Club World Cup 2025: Gonzalo Garcia's Goal Sends Real Madrid Into Quarterfinals With 1-0 Win Over Juventus (Watch Goal Video Highlights). Kicking off the two-day confe ...Read More >
Saquib Nachan, a former leader of the banned SIMI, passed away in a Delhi hospital following a brain haemorrhage. He was admitted four days prior after being arrested in 2023 during an NIA crackdown on ISIS. Nachan, an inmate at Tihar prison, was hospitalized after his health deteriorated, and doctors confirmed the haemorrhage.Saquib Nachan, a former office-bearer of the banned Students Islamic Movement of India (SIMI), died in a Delhi hospital on Saturday, days after suffering a brain haemorrhag ...Read More >
A cloudburst near Barkot-Yamunotri road in Uttarkashi has caused significant damage to a hotel construction site, leaving several workers missing as rescue operations are underway. Separately, heavy rainfall has blocked the Badrinath-Rishikesh highway, disrupting pilgrimage travel. Chief Minister Dhami has advised caution and urged residents to avoid unnecessary travel due to the adverse weather forecast.A cloudburst in Baligarh, along the Barkot-Yamunotri road in Uttarkashi district, caused sign ...Read More >
New Delhi: The Aircraft Accident Investigation Bureau (AAIB) is probing from all angles, including sabotage, in the Air India plane crash in Ahmedabad that killed 274 people on board and on the ground last month, Minister of State (MoS) For Civil Aviation Murlidhar Mohol said. Mohol said the black box of the Air India flight AI 171 that has been recovered is in AAIB's custody and will not be outside the country for a thorough assessment. The MoS was speaking at the Pune chapter of the Emerging Business Conclave. "It (plane crash) was an unfortunate incident. The AAIB has begun a full investig ...Read More >
Bhopal (Madhya Pradesh): A massive fire broke out in a private factory in the Bairagarh around 8 pm on Monday night, causing panic in the area. The fire broke out in a factory named Sign Vishwas Industries located in village Bhainsakhedi, where disposable boxes are made from aluminium. No casualty was reported in the incident Bairagarh ACP Aditya Singh said that this factory is located behind the Campion School. As soon as the information about the fire was received, the fire department was alerted and four fire tenders were sent to the spot. Of these, three vehicles were continuously engage ...Read More >
New Delhi [India], July 4 (ANI): The India tour of Bangladesh, which was scheduled to take place in August, is likely to be cancelled because of the situation prevailing in the country over the last few months, as per sources in the Board of Control for Cricket in India (BCCI). Also Read | Who Is The Current WWE Universal Champion? Does The Title Still Exist?. India is supposed to play a three-match ODI series from August 17, which will then be followed by a three-match T20I series, which will begin from August 26. Speaking about the India tour of Bangladesh, a BCCI source told ANI, "India ...Read More >
Gandhinagar (Gujarat) [India], June 6 (ANI): During the World Environment Day 2025 event held at Mahatma Mandir in Gandhinagar, Chief Minister Bhupendra Patel called for collective efforts to transform the Prime Minister's vision of 'Ending Plastic Pollution' into a mass movement. The program, jointly organised by the Forest and Environment Department and the Gujarat Pollution Control Board, was graced by Forest, Environment and Climate Change Minister Mulubhai Bera and Minister of State Shri Mukesh Patel. Also Read | Chinnaswamy Stampede: Karnataka CM Siddaramaiah Suspends Bengaluru Police ...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 >
Bengaluru (Karnataka) [India], June 26 (ANI): Karnataka Deputy Chief Minister DK Shivakumar announced on Thursday that the meeting on the Hemavathi link canal, originally scheduled for June 30, has been postponed to July 4-5, following a request from Union Minister V Somanna. Speaking to reporters at his Sadashivanagar residence here, Shivakumar said, 'We have postponed the meeting as Somanna is also the MP from the district. The officials have been instructed accordingly.' The Deputy CM also addressed the postponement of a meeting with Yettinahole project contractors in Tumakuru, attributin ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Hyderabad: A reactor blast at a chemical unit in Hyderabad led to a massive fire accident. It claimed several lives and left over 20 workers injured. The explosion occurred at Seegachi Chemicals which is located in the Pasamailaram industrial zone in Patancheru area. After the blast, multiple fire engines and ambulances were deployed for rescue operations. Witnesses reported seeing thick plumes of smoke billowing from the chemical plant. Authorities fear the death toll might rise as search efforts continue in the gutted facility. Initial reports suspect multiple fatalities. In the fire ac ...Read More >
New Delhi [India], June 30 (ANI): In a swift and decisive operation, the Indian Navy's stealth frigate INS Tabar responded to a distress call from the Panamanian-flagged tanker MT Yi Cheng 6 in the Gulf of Oman on June 29. The vessel, carrying 14 Indian crew members and transiting from Kandla, India, to Shinas, Oman, reported a major fire in its engine room, resulting in a complete power failure. Also Read | Waqf Act Controversy: RJD Leader Tejashwi Yadav Call for 'Throwing Waqf Act in Dustbin' Sparks Political Storm, Parties Trade Barbs. In a post on X, the Indian Navy spokesperson said, " ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
New Delhi [India], June 27 (ANI): The Parliamentary Standing Committee on External Affairs will hold a meeting on Friday. During the meeting, the committee will record evidence of experts/non-official witnesses in connection with the examination of the subject 'Future of India-Bangladesh Relationship'. Congress MP Shashi Tharoor has been the chairperson of the Committee of the External Affairs since September 2024. India has strongly condemned the demolition of a Durga temple in Dhaka, criticising the role of the Muhammad Yunus-led interim government in allowing the destruction and projectin ...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 >
Sangareddy (Telangana) [India], June 30 (ANI): At least 8 people were killed and 26 injured following the explosion at a chemical factory in Pasamailaram Phase 1 area of Telangana's Sangareddy district on Monday, as the rescue operation is in progress, a police official said. V Satyanaryana, Inspector General, Multi Zone II, said, "There was a blast at Sigachi Pharma, a chemical production factory in Pasamailaram. The incident occurred around 8:15-9:35 am, and the police were informed within 10 minutes. We reached the spot within 20 minutes. NDRF, SDF, and other rescue teams, along with 10 fi ...Read More >
Agartala (Tripura) [India], June 5 (ANI): Tripura Governor Indrasena Reddy Nallu on Thursday urged people to plant trees in their homes and avoid the use of plastic on the occasion of World Environment Day. Governor of Tripura Indrasena Reddy Nallu said, 'Today is World Environment Day. Tripura is a green land, a green state. We must always strive to maintain this greenery and take the state even further on the path of environmental progress. I would like to tell the people of the state to avoid the use of plastic. I urge everyone to plant trees in their own homes.' Tripura joined the global ...Read More >
Bhopal (Madhya Pradesh): A massive fire broke out at a paper roll manufacturing unit, Shri Ji Packaging Berol Laboratory, located in a industrial area near Ashoka Garden area of the capital city, around 7 PM on Sunday evening. Thick plumes of smoke were visible from over a kilometer away, triggering panic among nearby residents. According to Ashoka Garden Police, the administration has taken swift action to bring the blaze under control. A total of 15 to 20 police and fire brigade vehicles arrived at the scene, and efforts to extinguish the fire are ongoing. As of now, the fire has not been ...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 >
Puri (Odisha) [India], June 26 (ANI): After its vast and largely volunteer-led support effort to feed the multitude at the Maha Kumbh Mela in Prayagraj earlier this year, the Adani Group has now turned its attention to another of India's most iconic religious festivals -- the Rath Yatra in Puri, Odisha. Held annually at the Lord Jagannath Temple in Puri, the nine-day chariot procession draws millions of pilgrims from across the country and beyond. For the Adani Group, corporate social responsibility has always extended beyond infrastructure, education and healthcare. Increasingly, it includes ...Read More >
New Delhi [India], July 2 (ANI): Coal production from captive and commercial mines in June 2025 reached 15.57 million tonnes (MT), while coal dispatches were recorded at 17.31 MT, according to the Ministry of Coal. These figures indicate a solid performance by the coal sector, which plays a crucial role in meeting the energy and raw material needs of key industries across the country. Also Read | Hemant Khandelwal Takes Charge As Madhya Pradesh BJP President, Replaces VD Sharma. The first quarter of the financial year 2025-26 has shown significant year-on-year growth. Coal production during ...Read More >
Bengaluru (Karnataka) [India], July 4 (ANI): Reaffirming its commitment to positioning Bengaluru as a global aerospace hub, BEML Limited inaugurated its newly built state-of-the-art warehousing facility, spread over 0.12 acres, at the Karnataka Industrial Areas Development Board (KIADB) Aerospace Special Economic Zone (SEZ), Bengaluru. The facility was inaugurated by Shri Shantanu Roy, Chairman and Managing Director, BEML, in the presence of Functional Directors, senior officials from BEML, and dignitaries from KIADB, an official release added. Also Read | Bihar Assembly Elections 2025: RJD ...Read More >
New Delhi [India], December 10 (ANI): Delhi Chief Minister Atishi on Tuesday raised concerns about the Rajouri Garden based Jungle Jamboree restaurant's safety record after a fire broke out on Monday spreading to the coaching centre above it. The Delhi CM visited the fire incident site of Rajouri Garden and took stock of the situation saying that the fire NOC of the restaurant had been cancelled by the Fire Department, and the Municipal Corporation of Delhi (MCD) had also ordered its closure. Despite this, the restaurant was still operating, prompting an investigation by the Delhi Police. Pr ...Read More >
Agartala (Tripura) [India], June 5 (ANI): Tripura Governor Indrasena Reddy Nallu on Thursday urged people to plant trees in their homes and avoid the use of plastic on the occasion of World Environment Day. Governor of Tripura Indrasena Reddy Nallu said, 'Today is World Environment Day. Tripura is a green land, a green state. We must always strive to maintain this greenery and take the state even further on the path of environmental progress. I would like to tell the people of the state to avoid the use of plastic. I urge everyone to plant trees in their own homes.' Tripura joined the global ...Read More >
Bhubaneswar: Chief minister Mohan Charan Majhi on Thursday announced an ambitious plan of planting 7.5 crore saplings across the state within a year. Speaking at the state-level celebration of World Environment Day at the OUAT Agriculture Education Hall in city, the CM emphasised the importance of public awareness and collective responsibility in protecting nature and ending plastic pollution. "A healthy environment is essential for a healthy society," he said.Addressing the rising threat of single-use plastic, the CM urged citizens to support a mass movement to eliminate plastic from daily li ...Read More >
New Delhi [India], June 7 (ANI): Imam and Samajwadi MP Maulana Mohibullah Nadvi extended his greetings on Saturday on the occasion of Eid al-Adha. Speaking to ANI, Maulana Mohibullah Nadvi highlighted the significance of sacrifice in life. 'On this auspicious occasion of Eid Al Adha, we extend our greetings to all our countrymen... There are people among us who are less fortunate, and we advocate peace, love and justice for them. Let us sacrifice for their benefit by sharing our wealth and expressing our compassion; this is the essence of sacrifice. This message of sacrifice unites all our c ...Read More >
Noida, Jun 27 (PTI) A massive fire broke out at a chemical factory in Noida's Sector 2 on Friday morning, a fire department official said. Thick smoke and flames coming out of the factory were visible from a distance. Gautam Buddha Nagar's Chief Fire Officer Pradeep Kumar Chaubey said information regarding the fire was received at 5:30 am. Seeing the intensity of the blaze, fire tenders Ghaziabad, Hapur and Meerut were roped in along with private firefighting teams, he said. No injury or casualty has been reported in the incident and the blaze has been doused, the CFO said. "The fire was ...Read More >
Gadchiroli (Maharashtra) [India] June 28 (ANI): In a major breakthrough in the ongoing anti-Naxal operations, Gadchiroli Police, in collaboration with the Central Reserve Police Force (CRPF), arrested a most-wanted Maoist commander during a joint operation on 27 June 2025, said an official statement. The arrested individual, Ankal alias Mannu Sulge Pallo, was carrying a bounty of Rs 6 lakh announced by the Maharashtra government. Also Read | Kolkata Rape Case: BJP Forms Fact-Finding Team To Probe Gang-Rape Case of Law Student, West Bengal Education Minister Seeks Report From Authorities. Ac ...Read More >
NEW DELHI: The Enforcement Directorate (ED) on Thursday announced the provisional attachment of assets worth approximately ₹131.45 crore in Spain, including a luxury yacht and immovable properties, under the Prevention of Money Laundering Act (PMLA). These assets belong to Pavel Prozorov, a Spanish national and the alleged mastermind behind the unauthorised forex trading platform OctaFX. The attached assets comprise a commercial Italian-model luxury yacht cruising in the Western Mediterranean, a minijet boat, a luxury car, and two residential properties in Spain. The ED's probe was launched ...Read More >
Hyderabad: A massive fire broke out at a rubber manufacturing unit in the Katedan industrial area on Thursday. Fortunately, no casualties have been reported. Due to the intensity of the fire, thick plumes of smoke were seen billowing from the building, causing panic among nearby industrial workers. According to fire officials, the fire erupted at a unit involved in producing car mats and other rubber-based products. On receiving the alert, five fire tenders from nearby fire stations rushed to the spot and began firefighting operations. After an hour of firefighting the fire was doused. The ...Read More >