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.
India, which dominates the global turmeric market with a share of about 70 per cent, is facing tough competition from Vietnam, Myanmar and some African countries, which are trying to catch up with the country very fast. "We need to improve the quality of turmeric to meet global standards. Our turmeric is facing stiff competition from Vietnam, Myanmar and some African countries. There is a need to focus on how to increase curcumin content and decrease the moisture level to below 10 per cent," N B
Heart transplant patients in the United States typically spend months waiting for a donated organ. But Kayoko Hira was not a typical patient. Mrs. Hira, the wife of a hotel magnate in Japan, flew to the United States in September 2021, went to the University of Chicago Medical Center and, within days, got a new heart from an American teenager who had died. Soon after, The New York Times found, a charity run by her husband made a donation to a nonprofit group led by the heart surgeon's wife. It ...Read More >
New Delhi, Jul 19 (PTI) India's leadership in developing international standards for whole millet grains received recognition at a key global food safety meeting in Rome this week, as the country continues to expand its influence in setting worldwide food regulations, an official release said on Saturday. The 88th Session of the Executive Committee of the Codex Alimentarius Commission (CCEXEC88), held at FAO headquarters from July 14-18, reviewed progress on India's millet standards work, which gained approval at last year's Codex Alimentarius Commission meeting, the official release said. I ...Read More >
Raichur (Karnataka) [India], August 14: In a landmark moment for global hepatology and Indian pharmaceutical innovation, Shilpa Medicare Limited (BSE: 530661) (NSE: SHILPAMED) has secured the world first regulatory approval from India Central Drugs Standard Control Organization (CDSCO) for Nor Ursodeoxycholic Acid (NorUDCA) Tablets 500 mg, the first-ever approved therapy targeting NAFLD. * Shilpa Medicare emerges as the global pioneer to receive approval for NorUDCA, offering new hope to over a billion people affected by Non-Alcoholic Fatty Liver Disease (NAFLD) * NAFLD affects 1 in 4 people ...Read More >
US President Donald Trump has reduced import duties on nearly 200 agricultural and food products, benefiting Indian suppliers of spices, tea, and processed foods. This move aims to address domestic pressure over rising prices, with India's exports of spices and processed foods expected to see significant gains. Indian suppliers of spices, tea and several processed foods are set to benefit after US President Donald Trump reduced import duties on close to 200 agricultural and food products, report ...Read More >
Food safety problems found at spice manufacturing/repacking units in Telangana (Photo: X/ cfs_telangana) Photo Credit: X/ cfs_telangana ShowQuick Read Summary is AI-generated, newsroom-reviewed * Food safety officials inspected over 30 spice manufacturing units across Telangana * Violations included poor hygiene, pest infestation, and unlabelled or expired products * 15 kg black pepper and 18 kg bay leaves contaminated with rat faeces were seized Did our AI summary help? Let us know. Swi ...Read More >
Everyone struggles with muscle soreness, whether from intense workouts or the daily stresses of life. One natural remedy is homemade salt soaks. They help reduce inflammation and soothe pain, and are super easy to make. This article delves into creating your own therapeutic soaks with simple ingredients. Say hello to relief and relaxation! For a simple salt soak, all you require is Epsom or sea salt, warm water, and a bathtub. Add two cups of Epsom salt to your bathwater and let it dissolve. Ensure the water is warm and not too hot to prevent skin irritation. Soak for at least 20 minutes. Thi ...Read More >
Morama oil is derived from the seeds of the morama bean, and it holds a special place in African communities for its skin and hair beautifying properties. Bursting with antioxidants and essential fatty acids, it delivers intense hydration and promotes a healthy skin glow. Its unique composition combats dryness, increases elasticity, and imparts a youthful radiance, establishing it as a highly coveted natural ingredient for beauty care. Morama oil has a high nutritional content, containing significant amounts of oleic acid (up to 80%), linoleic acid (up to 20%), and vitamin E. These elements a ...Read More >
NEW DELHI, Aug 13: The climate change-driven worst-ever deficient rainfall in Meghalaya has taken a toll on its famed golden-hued heritage crop Lakadong turmeric. Recent studies by the Meghalaya Climate Change Centre identified Laskein as one of the state's 25 blocks where this turmeric farming is facing "high" or "very high" risk from climate pressures. According to the studies, farmers are struggling with extreme weather events such as unpredictable rainfall, poor soil health, and increased pest attacks. Nearly 14,000 farmers across 43 villages, who grow Lakadong turmeric on about 1,753 h ...Read More >
Dibrugarh: In one of the largest anti-encroachment drives in recent years, the Lakhimpur district administration on Thursday demolished 218 illegal homes and cleared 288 bighas of encroached land across three Village Grazing Reserves (VGRs).The eviction drive, which was conducted under the supervision of district commissioner (DC) Pronab Jit Kakoty and senior superintendent of police (SSP) Gunendra Deka, saw a massive deployment of police and paramilitary forces, along with 12 excavators, at Phukanarhat, Debera Doloni and Christian VGR areas."The drive was conducted peacefully and no untoward ...Read More >
Raichur (Karnataka) [India], August 14: In a landmark moment for global hepatology and Indian pharmaceutical innovation, Shilpa Medicare Limited (BSE: 530661) (NSE: SHILPAMED) has secured the world's first regulatory approval from India's Central Drugs Standard Control Organization (CDSCO) for Nor Ursodeoxycholic Acid (NorUDCA) Tablets 500 mg, the first-ever approved therapy targeting NAFLD. Also Read | 'Coolie' X Review: Rajinikanth's 'One-Man Show' With Nagarjuna's Stylish Act and Anirudh Ravichander's BGM Redeems Lokesh Kanagaraj's Massy Thriller, Say Netizens. * Shilpa Medicare emerges a ...Read More >
Nizamabad (Telangana) [India], June 29 (ANI): The Government has set a target to export turmeric worth USD 1 billion by the year 2030, Union Home and Cooperation Minister Amit Shah said on Sunday after inaugurating the headquarters of the National Turmeric Board in Telangana's Nizamabad. The inauguration was done almost 21 months after Prime Minister Narendra Modi announced the formation of a turmeric-focused board. There were long-pending demands from farmers for a turmeric board. "During the 2023 Telangana elections in 2023, PM Modi had announced the formation of Turmeric Board... With the ...Read More >
NEW DELHI: Following the acquisition of JB Chemicals & Pharmaceuticals (JB Chem), Torrent Pharma is set to become India's fifth-largest pharmaceutical company, capturing a 4.6% share of the Rs 2.3 lakh crore organised retail market.The acquisition boosts Torrent Pharma's rank from 7th to 5th place, increasing its market share from 3.6% to 4.6%, according to data gathered by TOI from market intelligence firm Pharmarack.Sun Pharma leads the highly fragmented pharma market with sales of over Rs 19,000 crore and an 8.3% share (Moving Annual Total or 12-month period ended May '25). The Ahmedabad-ba ...Read More >
In a move to boost affordability, the government on Saturday fixed retail prices of a range of essential drugs. The Ministry of Chemicals and Fertilisers notified the move through a detailed order covering 35 medicines marketed by top pharmaceutical companies. The notification aims to ensure affordable access to essential medicines through price regulation by the National Pharmaceutical Pricing Authority (NPPA). The pricing decision was made under the provisions of the Drugs (Prices Control) O ...Read More >
NEW DELHI, July 19: India's leadership in developing a group standard for whole millet grains was appreciated during the 88th Session of the Executive Committee of the Codex Alimentarius Commission (CCEXEC88), held at the FAO Headquarters in Rome, Italy from July 14-18, it was announced on Saturday. The Committee reviewed the progress of this work, which is being chaired by India with Mali, Nigeria, and Senegal as co-chairs, said Health Ministry in a statement. The terms of reference for the same were finalized at the 11th Session of the Codex Committee on Cereals, Pulses and Legumes (CCCPL1 ...Read More >
New Delhi: Leaders of the 24 party I.N.D.I.A. bloc met virtually on Saturday to finalise their strategy for the Monsoon Session of Parliament, which begins on Monday. They agreed to focus on eight priority issues, while reserving the option to raise additional local concerns as they arise. Among the key issues identified are Pahalgam terror attack and the Centre's response, Operation Sindoor and US President Donald Trump's claim that he brokered an India Pakistan cease fire ("five jets were shot down"), foreign policy questions, including India's position on the Gaza conflict, Special Intensi ...Read More >
Shimla, Oct 5 (SocialNews.XYZ) The Himachal Pradesh government will begin the procurement of naturally grown barley in Pangi from October 8 at a minimum support price (MSP) of Rs 60 per kg, it said on Sunday. This is the first time such a government-supported procurement drive is taking place in this remote region, and with this initiative farmers are highly enthusiastic. A government spokesperson said here that all preparations for the procurement of barley have been completed by the Agriculture Department. Five procurement centres have been set up across the Pangi Valley at Hudan, Sechu, ...Read More >
New Delhi, July 19 (UNI) India's leadership in developing a group standard for whole millet grains was acknowledged at a session of the Codex Alimentarius Commission (CCEXEC88), held at the Food and Agriculture Organization (FAO) headquarters in Rome from July 14 to 18. According to a statement from the Union Health Ministry here, the appreciation came at the 88th session of the Executive Committee of the CCEXEC88. India is chairing the work on millet standards, with Mali, Nigeria, and Senegal serving as co-chairs. The terms of reference were finalised during the 11th session of the Codex Co ...Read More >
KOCHI: In a significant push for the state's ambition to attract major investment projects, Bengaluru-based RCC Nutrafill will establish a food processing and life sciences products manufacturing facility at the KSIDC Industrial Park in Angamaly, Ernakulam. The H100-crore facility is slated to generate 500 direct and indirect jobs. RCC Nutrafill director Sai Devarajulu Prasad told TNIE, "The facility will include cold storage, warehousing, and R&D facilities along with the manufacturing of products belonging to life sciences and fast-moving consumer goods (FMCG) categories." He said the firs ...Read More >
On this, the 80th World Food Day, Codex joins the celebrations of FAO's 80 years of service to the farmers, fishers, livestock rearers, environmentalists, economists, statisticians, governments, traders and consumers, including the marginalized, across the world. The Organization has been celebrating throughout the year, with celebrations culminating this week in the first ever FAO Global Exhibition, which took place in Rome, the opening of the FAO museum and network and one of the biggest meetin ...Read More >
The traditional Manipuri black rice pudding, or chak-hao kheer as it's known locally, is a culinary gem from the northeastern state of Manipur in India. This dessert pairs the distinct nutty flavor of black rice with the creamy richness of milk and cardamom, resulting in a velvety indulgence that's not only scrumptious but also brimming with health benefits. Black rice, or chak-hao, is the star ingredient of this pudding. It's a glutinous variety that transforms into a beautiful deep purple when cooked. This superfood is packed with antioxidants, notably anthocyanin, which gives it that vibra ...Read More >
Bengaluru: Scientists from Indian Institute of Science (IISc) have developed a simple, glowing paper sensor that could help detect liver cancer early -- using the green glow of a rare earth metal called terbium.The sensor works by detecting an enzyme called "β-glucuronidase", which is found in many living organisms. While it has normal biological roles, high levels of this enzyme are linked to liver cancer, as well as colon, breast, and kidney cancers, and even infections and AIDS."Traditional detection methods often struggle with background noise or low sensitivity," said Ananya Biswas, a for ...Read More >
NEW DELHI: Bringing down the curtain on the proceedings initiated against misleading advertisements for medicinal products, the Supreme Court has closed the case filed by the Indian Medical Association (IMA) against Patanjali Ayurved and its founders.A bench of Justices B V Nagarathna and K V Viswanathan said no further hearing was needed as the court had already passed various orders and the purpose of the case had been achieved. "By various orders, the prayers of the WP have been achieved and do not survive for further consideration. Hence, the writ petition stands disposed of. Liberty is al ...Read More >
MUMBAI, India and NAPLES, Fla., Oct. 9, 2025 /PRNewswire/ -- Global pharma major Lupin Limited (Lupin) (BSE: 500257) (NSE: LUPIN) (REUTERS: LUPIN.BO) (BLOOMBERG: LPCIN) today announced the launch of a strategic partnership program aimed at expanding the reach of PrecisionSphere™ - the long-acting injectable (LAI) platform developed by its subsidiary, Nanomi B.V. (Nanomi). PrecisionSphere™ demonstrates efficacy and safety in drug delivery and is ready for commercial use, following the recent United States Food and Drug Administration's (U.S. FDA) approval for the first product developed with th ...Read More >
ECONOMY: India's Exports Surge 20% -- Defying Trump's Trade War Wednesday, December 17, 2025 by Indian Defence News Technicians work with robots on the assembly line in a hi-tech manufacturing hub in India India's exports surged by nearly 20 percent in November 2025, marking the fastest growth in three years despite the escalating US trade war under President Donald Trump. Goods exports reached $38.13 billion, a 19.4 percent rise year-on-year, reversing October's 11.8 percent decline to $34.38 billion, reported by Usaid Siddiqui of Al Jazeera. This resilience comes amid steep US tariffs, inc ...Read More >
Have a rich-fiber diet: The nutritionist shared that it is important to have a high-fiber diet on a daily basis, because the fiber content helps in stabilising the blood pressure and regulating insulin resistance. This further has a direct impact on the hormonal balance of the body, which can help in reversing PCOD symptoms. Also read | World PCOS Day 2024: Effective solution tips to manage PCOS in teenage girls Have a workout routine: It is extremely essential for PCOD patents to have a regular workout routine. It can be a combination of strength training with cardiovascular workouts. More t ...Read More >
It may change your life to begin your day with a spoonful of Neem Tulsi Honey. This powerful combination of Neem, Tulsi, and Honey offers a multitude of benefits, from boosting immunity and aiding digestion to reducing stress and promoting healthy skin. Let's dive into the top 5 benefits of incorporating Neem Tulsi Honey into your morning routine. Boosts immunity: Neem Tulsi Honey has antimicrobial properties that fight infections and boost immunity. Regular consumption prevents a lot of illnesses and ensures overall well-being. Its natural ingredients work synergistically to enhance the immu ...Read More >
The 88th session of the Codex Executive Committee, held in Rome 14-18 July, has concluded with the adoption of the report, following three days of wide-ranging discussions. The Committee agreed to recommend the next session of the Codex Alimentarius Commission the adoption of a number of texts, including the standard for fresh dates, a landmark text that many countries are eagerly anticipating. With the critical review ensuring that proposals for new work and draft standards submitted to the Co ...Read More >
Kolkata: Bandhan Bank's net profit in the first quarter of FY 2026 recorded a 65% slump at Rs 372 crore compared with Rs 1,063 crore posted in the year-ago period. Partha Pratim Sengupta, MD and CEO of the bank, attributed the decline to stress in microfinance asset.Even though the bank's total business grew by 11% to Rs 2.8 lakh crore last year, a 119% rise in provisions due to write-offs and high slippages in the microfinance book brought its Q1 net profit down, Sengupta said. "The loan book could not be raised because of guardrails. But those regulations were necessary. We hope that from Q3 ...Read More >
New Delhi, Aug 3: In a move to make medicines more affordable for patients, the National Pharmaceutical Pricing Authority (NPPA) has reduced the retail prices of 35 essential drugs sold by leading pharmaceutical companies. The formulations, which will now cost less, span a wide range of medicines including anti-inflammatory, cardiovascular, antibiotic, anti-diabetic and psychiatric medicines. The Ministry of Chemicals and Fertilisers notified the order based on price regulation by the NPPA. The price reductions, which apply across drugs, are expected to bring relief to consumers, particularl ...Read More >
New Delhi [India], August 12 (ANI): India has stepped up efforts to boost turmeric exports through a government-backed initiative called the SPICED scheme, aimed at improving quality, expanding markets, and strengthening supply chains for the spice.The programme is being implemented by the Spices Board and was detailed by Minister of State for Commerce & Industry, Jitin Prasada, in a written reply in the Lok Sabha. Under the "Sustainability in Spice Sector through Progressive, Innovative and Coll ...Read More >