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: Ninety-eight per cent HR leaders in India say their organisations would be more efficient if better English assessments were used during hiring, while most of them believe AI cannot compensate for poor English proficiency, according to the TOEIC Global English Skills Report released by Educational Testing Services (ETS). Also Read: Indian employers' hiring outlook robust despite global headwinds Princeton-based ETS, which is known for conducting exams like TOEFL and GRE, has published the report based on an online survey of 87 HR decision makers in India. The research is part of a broader ETS survey of 1,325 HR decision makers in 17 countries -- Brazil, China, France, Germany, Indonesia, India, Japan, Mexico, Morocco, Saudi Arabia, South Korea, Spain, Taiwan, Thailand, Turkey, UAE and Vietnam. "In India, 97 per cent of employers say English proficiency is more important now than it was five years ago. Despite widespread use of English assessments, HR decision makers in India continue to report unmet needs, particularly around proven quality and cost. Organisations also face persistent barriers related to constraints around integration, time and scaling," the report said. "Most HR leaders believe AI cannot compensate for poor English proficiency, reinforcing the need for reliable assessment," it added. While 94 per cent of HR decision makers in India say increased global collaboration heightens the need for English proficiency, 84 per cent of HR leaders in India say lacking English proficiency creates a competitive disadvantage. Ninety-eight per cent of HR leaders in India believe their organisation would be more efficient if better English assessments were used during hiring. The report cited that 87 per cent of HR decision makers in India say AI integration increases the need for English proficiency. "India's talent base is playing an increasingly important role in global business and technology ecosystems," said Ajay Pratap Singh, Regional Director, South Asia at ETS. Also Read: ET Graphics | More women at work but few in power "As organisations scale internationally and adopt new technologies, employers are placing greater emphasis on language readiness as part of workforce capability. The findings reinforce that companies are looking for clearer ways to evaluate English proficiency so they can build teams that are prepared for global collaboration and the evolving demands of the workplace," he added. Singh explained that the findings suggest a growing shift toward more formal evaluation of English proficiency in hiring and talent development, as Indian employers look to strengthen workforce capability, productivity and long- term competitiveness. Globally, the TOEIC Global English Skills Report reflects a similar trend. Ninety per cent of employers say English proficiency is critical to organisational success, while 81 per cent report that the integration of AI tools is increasing the need for stronger workplace English skills. "AI doesn't close the skills gap. People do. What this research makes clear is that English is now a core workforce capability, not a soft skill. It is how employees collaborate across borders, how organisations unlock the value of AI, and how talent stays relevant in a rapidly changing economy. Companies that invest in English proficiency are investing directly in productivity, innovation, and global competitiveness," said Ratnesh Jha, Global General Manager of Institutional Products at ETS.
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
Mumbai, July 11 (SocialNews.XYZ) Lower back pain is a national crisis that can affect the country's productivity, said Adani Group Chairman Gautam Adani on Friday, urging entrepreneurs to build India's first AI-powered spinal diagnostic platform. He was addressing the 5th Annual Conference of the Society for Minimally Invasive Spine Surgery-Asia Pacific (SMISS-AP), in Mumbai. The Adani Group Chairman expressed shock over lower back pain becoming a leading cause of disability in the country and noted how it can destroy the dreams of the nation. "I was shocked to learn that low back pain is n ...Read More >
New Delhi, Jul 15 (PTI) As Tesla announced its foray into the Indian market on Tuesday, Liberty General Insurance and ACKO said they have become insurance partners for the American electric carmaker in India. Liberty General Insurance said it has developed a suite of finely tuned protection plans that complement Tesla's engineering and performance excellence while anticipating the distinct needs of EV users. Also Read | Ganeshotsav 2025: MSRTC To Run 5,000 Special Buses to Konkan From August 23 to September 7, Transport Minister Pratap Sarnaik Announces; Group Bookings Start July 22. "At Li ...Read More >
During a flight, Tejasvi Surya engaged in a stimulating conversation with N.R. Narayana Murthy, covering topics from AI to urban planning. Murthy emphasized India's potential and addressed his controversial 70-hour workweek proposal. He humorously revealed that Prime Minister Modi likely works even longer hours, sparking further discussion on work ethic and national development. What started as a routine flight from Mumbai to Bengaluru turned into a whirlwind of ideas, philosophies, and a dash o ...Read More >
New Delhi, June 6 (SocialNews.XYZ) Tim Curtis, Director, UNESCO Regional Office for South Asia, has underscored the importance of adopting an 'ethics-by-design' approach to AI development, noting that true inclusivity requires not just functionality but the integration of core ethical values from the outset. He also reaffirmed UNESCO's support for India's vision of an AI ecosystem that is inclusive, transparent, and grounded in trust. Abhishek Singh, Additional Secretary, MeitY and CEO, IndiaAI Mission, highlighted India's balanced, pro-innovation approach to AI aimed at building AI in India ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
New Delhi: India is set to overtake Japan to become the world's fourth-largest economy, but must not become complacent, as the country remains far behind Japan in GDP per capita terms, WEF's former MD Claude Smadja said. According to IMF data dated April 2025, India's GDP per capita of USD 2,878.4 is approximately 8.5 per cent of Japan's GDP per capita of USD 33,955.7, meaning Japan's per capita income is about 11.8 times higher than India's. "Yes, it (economy size) is a good indicator because it gives a notion of the economic weight of the country on the global balance. "No, it is not a go ...Read More >
New Delhi: Prime Minister Narendra Modi on Monday called on Brics countries to work together in order to secure critical mineral supply chains and ensure that no one nation is able to dominate and weaponize these resources. His call at the 17th Brics Summit in Rio de Janeiro comes amid a Chinese chokehold on global rare earth supplies. Brics is a group of 11 countries that was set up by Brazil, Russia, India, China and South Africa. Modi said it was important to make critical mineral supply chains reliable and ensure that no one country uses these resources for its own selfish gains or as a ...Read More >
Dehradun (Uttarakhand) [India], July 16 (ANI): Uttarakhand Education Minister Dhan Singh Rawat on Wednesday said that the state government has asked the National Council of Educational Research and Training (NCERT) to include the Bhagavad Gita and the Ramayana in the syllabus of 17,000 government schools. "In a meeting of the Education department with the Chief Minister, we have tasked NCERT to include Bhagavad Gita and Ramayana in the syllabus to be taught in 17,000 government schools of Uttarakhand," Rawat told ANI. Also Read | Mumbai Horror: 2 Teenage Male Friends Forced To Indulge in Unn ...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 >
New Delhi: In a welcome departure, the Union Public Service Commission (UPSC) is adopting a more student-centric approach aimed at reducing the stress of aspirants. In an exclusive interview with ETV Bharat, UPSC chairman Ajay Kumar unveiled a wide-ranging roadmap of reforms -- aimed at reducing stress, enhancing exam transparency, detecting forgery with tech tools, and building inclusive platforms that empower deserving candidates beyond the exam results. "The UPSC Civil Services Examination is one of the most prestigious and competitive examinations in the country. Naturally, the demands ar ...Read More >
New Delhi [India], July 13 (ANI): Based on the positive outcome of experimental installation of CCTV cameras in passenger coaches, Railways has decided to install CCTV cameras in all coaches, according to a press release from the Ministry of Railways on Sunday. "This move will significantly improve passenger safety. Miscreants and organised gangs take advantage of gullible passengers. With cameras, such incidents will significantly reduce. To preserve privacy of passengers, CCTV cameras will be installed in the common movement area near the doors." Also Read | Chennai Power Cut on July 15: S ...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 >
Dehradun (Uttarakhand) [India], July 16 (ANI): Following the tragic road accident in the Muwani area of Pithoragarh district on Tuesday that claimed eight lives, Uttarakhand Chief Minister Pushkar Singh Dhami announced that the state government would provide Rs 2 lakh each to the families of the deceased and Rs 50,000 to the injured. This would be in addition to the ex-gratia of Rs 2 lakh from the Prime Minister's National Relief Fund (PMNRF), announced by Prime Minister Narendra Modi, which would be given to the next of kin of the deceased. Also Read | Weather Forecast Today, July 16: Check ...Read More >
Bhubaneswar, Jul 8 (PTI) Odisha Deputy Chief Minister Kanak Vardhan Singh Deo on Tuesday launched a campaign for promotion of rooftop gardening and urban horticulture. Singh Deo flagged off a rath (vehicle) for promotion of rooftop gardening in five major cities of Odisha here at Krushi Bhavan. Also Read | Shabana Azmi and Javed Akhtar Reiterate Their Faith in Air India After AI 171 Crash As Both Travel to London To Attend Wimbledon 2025; Call It 'Best Inflight Service'. With fast growth and development in the state, the urban areas are growing across the state with construction of numerous ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
Dehradun (Uttarakhand) [India], July 16 (ANI): Uttarakhand Education Minister Dhan Singh Rawat on Wednesday said that the state government has asked the National Council of Educational Research and Training (NCERT) to include the Bhagavad Gita and the Ramayana in the syllabus of 17,000 government schools. "In a meeting of the Education department with the Chief Minister, we have tasked NCERT to include Bhagavad Gita and Ramayana in the syllabus to be taught in 17,000 government schools of Uttarakhand," Rawat told ANI. Also Read | Kolkata Fatafat Result Today, July 16, 2025: Kolkata FF Live W ...Read More >
The data compiled by Boston Consulting Group (BCG) highlights that while AI adoption has become mainstream globally, real business impact is being seen only in those companies that are redesigning workflows and investing in training and leadership. In India, although usage is widespread, there is growing anxiety over the future. Nearly half (48 per cent) of Indian employees fear that their jobs could disappear within the next decade due to AI and automation. Nipun Kalra, Managing Director & Senior Partner at BCG India, noted that while Indian employees are among the most enthusiastic users o ...Read More >
Saturday, 28 June 2025 () The 'AI for India' summit in Bengaluru highlighted the urgent need to scale up AI research and development across Indian academia and industry. Experts emphasized cross-sectoral collaboration for effective AI implementation. IIM Bangalore noted a shift in placement processes, focusing on human-AI co-creation. TVS Motors is deploying AI across manufacturing, customer service, and employee engagement, witnessing significant productivity improvements. ...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 >
New Delhi [India], July 7 (ANI): Union Minister of Agriculture and Farmers Welfare & Rural Development, Shivraj Singh Chouhan on Monday inaugurated the 11th edition of the India Maize Summit, organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with (IIMR) Indian Institute of Maize Research. Speaking at event, Chouhan emphasized that 'Farmers' sewa is our mool mantra,' reaffirming the government's commitment to farmer-centric policies. He outlined a multi-pronged strategy to boost maize production, and increase farmer incomes, while ensuring environme ...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 >
New Delhi: India is leading the global charge in the adoption of generative AI tools at the workplace, with 92 per cent of employees regularly using such technology -- far ahead of the global average of 72 per cent, a new report said on Thursday. The data compiled by Boston Consulting Group (BCG) highlights that while AI adoption has become mainstream globally, real business impact is being seen only in those companies that are redesigning workflows and investing in training and leadership. In India, although usage is widespread, there is growing anxiety over the future. Nearly half (48 per ...Read More >
New Delhi, Jun 30 (PTI) HCLTech on Monday announced a multi-year deal with OpenAI to enable its customers to leverage the tech giant's AI offerings and drive enterprise-scale AI adoption. HCLTech, becoming one of the first strategic services partners to OpenAI, will roll out ChatGPT Enterprise and OpenAI APIs internally to provide its employees with secure, enterprise-grade generative AI tools, according to a company statement. Also Read | Gold Rate Today, June 30, 2025: As Gold Price Continues To Decline, Check Prices of Yellow Metal in Mumbai, Delhi, Bengaluru, Chennai and Other Metro Citi ...Read More >
NEW DELHI: OpenAI, in partnership with IndiaAI Mission under the IT Ministry, on Thursday launched the OpenAI Academy India, marking the first international expansion of the ChatGPT-maker's education platform. The initiative seeks to broaden access to AI education and tools, tapping into India's fast-growing developer community, digital infrastructure, and network of startups and innovators, the company said. OpenAI and IndiaAI also inked a memorandum of understanding (MoU), outlining their partnership goals. OpenAI Academy India will support the IndiaAI Mission's FutureSkills pillar by exp ...Read More >
Ujjain (Madhya Pradesh): Marking the Cooperatives Year, a two-day national seminar will be inaugurated on Friday at the Swarn Jayanti Auditorium of Vikram University. Farmers from five major states: Gujarat, Maharashtra, Madhya Pradesh, Chhattisgarh, and Goa are set to participate in the seminar, 'Dairy Development in Madhya Pradesh: Possibilities and Challenges', under the joint aegis of the Indian Dairy Association (DA) West Zone, and Vikram University (VU). Researchers, students, milk producers from across the country, where over two lakh cooperative societies function, along with experts ...Read More >
Hyderabad: Thousands of people who gathered at ashoorkhana in Dabeerpura on the 10th day of Muharram (Youm-e-Ashura) took part in the Bibi-ka-Alam procession. The procession commenced from Dabeerpura on an elephant and concluded at Chaderghat. The Shia mourners took out the procession to mark the martyrdom anniversary of Prophet Mohammad's grandson, Imam Hussain, on the 10th day of Muharram. Members of the Shia sect performed matam and participated in processions. The 10th Muharram is the day on which Imam Hussain was martyred in the battle of Karbala by Yazid and his army. The relic made of ...Read More >
New Delhi, July 9 (SocialNews.XYZ) India's largest consumer electronics brand Samsung on Wednesday announced that it has started taking pre-orders for the most advanced Galaxy Z series yet - Galaxy Z Fold7 and Galaxy Z Flip7 -- which are being manufactured in the country in a further boost to the 'Make in India' initiative. Galaxy Z Fold7 brings together the best of Galaxy design, camera functionality and AI innovation in the thinnest and lightest Galaxy Z Fold series to date. It delivers the premium performance and experience of an ultra-smartphone, while unlocking new levels of efficiency a ...Read More >
PNN Noida (Uttar Pradesh) [India], July 15: eSearch Logix has officially introduced its highly anticipated SEO platform, RanksPro. This all-in-one SEO toolkit is set to revolutionize how agencies, marketers, and businesses oversee and scale their SEO strategies. The experts at eSearch Logix kept their focus on precision engineering while crafting this efficient, user-friendly SEO tool. RanksPro combines a complete suite of SEO features under a single dashboard, simplifying accessibility for the users. It minimizes the handling of multiple subscriptions and brings workflow automation and data ...Read More >