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 [India], March 30 (ANI): Union Commerce and Industry Minister Piyush Goyal on Monday said India's position at the 14th Ministerial Conference of the World Trade Organization (MC14) in Cameroon was "not only heard but also reflected in the Ministerial decisions." Wrapping up his four-day visit to Cameroon, Goyal said the conference was significant as it marked the return of the WTO Ministerial Conference to the African continent after a decade. "Reflecting on the last four days spent in Cameroon, I am assured that India's stance on issues in the WTO was not only heard but also reflected in the Ministerial decisions," the minister said in a post on social media. The minister added that "India ensured that the voice of the Global South was well-articulated and the needs and aspirations of developing countries and Least Developed Countries (LDCs) were given primacy in the negotiating room." He noted that India participated actively across all agenda items at the conference. "India constructively engaged in all agenda items and in areas where India had strong concerns, we took a position based on the principles of openness, fairness, non-discrimination and inclusivity, which are the cornerstones of WTO engagement," he said in the post. The minister also highlighted his bilateral meetings held on the sidelines of the conference. "On the sidelines of MC-14, I held extensive bilateral meetings with many countries, trading blocs and key African countries. This enabled greater receptiveness to India's position on key agenda items of MC-14," he said. Goyal also thanked officials and experts who supported India's participation in the conference. "Supporting me in this endeavour were the officers of the Department of Commerce, PMI Geneva, relevant ministries, experts who have burnt many a midnight oil to ensure that India's interests are well protected and represented in this Ministerial Conference," he said. Looking ahead, the minister said, "India will continue to engage with WTO members on issues of critical importance for the global trade landscape, transparently, constructively and in good faith." (ANI)
New Delhi, Dec 4 (VOICE) Aadit Palicha, Co-founder and CEO of Zepto, on Wednesday said he is not against work-life balance and even recommends it to his competitors. Palicha's statement comes even as a viral post, on the American social media platform Reddit, accused the quick e-commerce platform of toxic work culture. "I have nothing against work-life balance. In fact, I recommend it to all our competitors :)," said the 22-year-old CEO, in a post on social media platform X. The Reddit post, by an anonymous user, alleged that Zepto's working environment was "toxic", with employees working ex ...Read More >
Mark Carney declined to answer if he believed Indian PM had a role in murder of Sikh activist Hardeep Singh Nijjar Canada's prime minister Mark Carney has defended his decision to invite India's prime minister Narendra Modi to the upcoming G7 summit in Alberta, despite Canada's federal police's conclusion that the murder of a prominent Sikh activist in British Columbia was orchestrated by the "highest levels" of the Indian government. Carney declined to answer reporters' questions over whether ...Read More >
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 >
New Delhi, Jun 26 (PTI) Prime Minister Narendra Modi is likely to embark on a five-nation tour next week to attend the BRICS summit in Brazil and to enhance India's ties with four other nations, people familiar with the matter said on Thursday. Besides Brazil, Modi is set to visit Ghana, Trinidad and Tobago, Argentina and Namibia, they said. There is no official announcement yet on Modi's planned trip. The main focus of the trip will be his visit to the Brazilian city of Rio de Janeiro to participate in the BRICS summit on July 6 and 7. BRICS brings together 11 major emerging economies of ...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 >
New Delhi [India], December 3 (ANI): On the occasion of the International Day of Persons with Disabilities, the World Health Organisation (WHO) South-East Asia Region has called for amplifying the leadership of persons with disabilities to foster an inclusive and sustainable future. WHO's Regional Director, Saima Wazed, stressed that empowering persons with disabilities and ensuring their active participation in all sectors is essential to addressing the barriers they face, particularly in healthcare and during humanitarian crises. Also Read | South Korea Unrest: Martial Law Troops Enter Nat ...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, June 27 (SocialNews.XYZ) Prime Minister Narendra Modi will undertake a five-nation visit starting July 2, visiting Ghana, Trinidad and Tobago, Argentina, Brazil, and Namibia, the Ministry of External Affairs (MEA) announced on Friday. In the first leg of his visit, PM Modi will visit Ghana (July 2-3) which will be Prime Minister's first ever bilateral visit to Ghana. This Prime Ministerial visit from India to Ghana is taking place after three decades. During the visit, Prime Minister will hold talks with the President of Ghana to review the strong bilateral partnership and discuss ...Read More >
New Delhi: Prime Minister Narendra Modi on Wednesday held talks with Ghanaian President John Dramani Mahama to explore avenues for strengthening economic, energy, and defence cooperation, as well as broader development partnerships. This marks the first Indian prime ministerial visit to Ghana in nearly three decades. Upon arrival in Accra, Modi received a ceremonial welcome, including a Guard of Honour and a 21-gun salute, from President Mahama, and was warmly greeted by a large gathering of the Indian diaspora. "The historic visit will deepen the partnership between India and Ghana and under ...Read More >
New Delhi, Jul 2: Prime Minister Narendra Modi arrived today in Accra on his State Visit to Ghana. In a special gesture, on arrival at the airport, Prime Minister was received by the President of Ghana, H.E. John Dramani Mahama and accorded a ceremonial welcome. This gesture is reflective of the strong and historic bonds of friendship between the two nations. Prime Minister Narendra Modi departed Wednesday, on an eight-day, five-nation visit aimed at reinforcing India's strategic partnerships across Africa, Latin America, and the Caribbean. Between July 2 and 9, the Prime Minister will travel ...Read More >
Chennai (Tamil Nadu) [India], July 6 (ANI): Launching a scathing attack on the Centre, Tamil Nadu Chief Minister MK Stalin said the "storm of protest" against "Hindi imposition" has transcended state boundaries as he hailed Uddhav Thackeray and Raj Thackeray for their "victory rally" after the Maharashtra government's rollback of the three-language policy in the state. In a harsh post on social media platform X on Saturday, Stalin said the language rights struggle, waged by the Dravida Munnetra Kazhagam (DMK) in Tamil Nadu, "is swirling like a storm of protest in Maharashtra." Also Read | PM ...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 >
New Delhi: In order to sort out issues involved in the 'disagreements' between India and the United States over duties for auto components, steel, pharma and farm goods, among others, the Indian team is expected to further visit Washington soon for trade talks. A delegation of senior officials has been assigned for this crucial visit. Though the visit dates have not yet been finalised, the team is likely to join the US team in a week or two, an official source said on Thursday. India is among the few other countries that are still negotiating a trade deal with Washington to clinch a 'favourab ...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 >
NEW DELHI: Prime Minister Narendra Modi on Saturday outlined five key global priorities to build disaster-resilient infrastructure, including a skilled workforce, a global digital repository to document best practices and innovative financing. He said that strengthening early-warning systems and coordination is another crucial aspect. Addressing the International Conference on Disaster Resilient Infrastructure 2025 via videoconferencing, Mr Modi noted that India has established a tsunami-warning system benefitting 29 countries and that it recognises the Small Island Developing States (Sida) a ...Read More >
New Delhi, Jun 8 (PTI) A Kerala businessman, who recently levelled corruption charges against an ED officer posted in the state, has recorded his statement with the central agency where he is understood to have denied knowing or having any evidence against the said investigator, official sources said Sunday. The businessman, Aneesh Babu, deposed before the Enforcement Directorate in Delhi on June 6 and his statement was recorded under audio-visual camera by the agency as per the provisions of section 50 of the Prevention of Money Laundering Act (PMLA). Such a statement made under the anti-mo ...Read More >
New Delhi, July 8: Prime Minister Narendra Modi at the Rio 2025 BRICS Summit highlighted India's approach towards key issues like climate change and health security as the country is set to chair BRICS next year, emphasising that under India's presidency, it will endeavour to present BRICS in a new form with a 'humanity-first' approach. After wrapping up a "very productive" visit to Rio de Janeiro where PM Modi attended the 17th BRICS Summit, the Prime Minister on Monday arrived in the Brazilian capital of Brasilia where he is expected to hold talks on India-Brazil relations with President Lu ...Read More >
New Delhi [India], July 8 (ANI): Union Minister Hardeep Puri on Tuesday highlighted Central Government's series of sweeping policy reforms under the leadership of Prime Minister Narendra Modi to accelerate oil & gas exploration. These reforms, aimed at promoting exploration & production in the field of oil and gas. The government believes that these changes to increase the ease of doing business for our exploration and production (E&P) operators are being made after stakeholder consultation at every level.The minister, noted via a social media post on X that the recent amendments to the Oilfi ...Read More >
New Delhi: Prime Minister Narendra Modi arrived in India on Thursday morning after wrapping up a highly productive and successful five-nation tour to Ghana, Trinidad & Tobago, Argentina, Brazil, and Namibia. According to the Ministry of External Affairs (MEA), PM Modi's five-nation visit was a "productive and successful" tour. PM Modi has reached a significant milestone in his diplomatic journey, having now delivered 17 speeches to foreign Parliaments, matching the cumulative record of all Congress Prime Ministers before him. This achievement was marked by his recent addresses in Ghana, Tri ...Read More >
The escalating conflict could upset a hard-fought consensus that G20 negotiators reached around 5 a.m. on Sunday, after an overnight push to ready the joint statement for final review by leaders arriving in Rio. That preliminary consensus after six days of negotiations included streamlined language about global conflicts including the war in Ukraine, focusing on the need to negotiate peace rather than criticism of any participants. However, sources said even that "simpler" consensus may now be up for reconsideration following the Russian air strike and the prospect of further escalation. Un ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >
New Delhi, Jun 7 (PTI) Prime Minister Narendra Modi on Saturday outlined five key global priorities for him to build disaster-resilient infrastructure, including a skilled workforce, a global digital repository to document best practices and innovative financing. In a video address to the International Conference on Disaster Resilient Infrastructure 2025, Modi said strengthening early-warning systems and coordination is another crucial aspect. He noted that India has established a tsunami-warning system benefitting 29 countries and that it recognises the Small Island Developing States (SIDA) ...Read More >
NEW DELHI: Signalling the government's intent to move ahead with the impeachment motion of Allahabad High Court judge Justice Yashwant Varma, Union Minister Kiren Rijiju on Thursday said that main opposition parties have given their in-principle approval to support the motion in the upcoming monsoon session scheduled for July21-August 21. Rijiju said that the government is yet to decide whether the motion would be brought in the Lok Sabha or the Rajya Sabha. For the Lok Sabha, signatures of a minimum 100 MPs is required. The requirement is the support of at least 50 MPs in the Rajya Sabha. H ...Read More >
New Delhi: Was it the pitch? Was it the conditions? Was it the bowling? The questions doing the rounds after yet another strange show in good batting conditions by India were many. But with the exception of Shubman Gill, who became just the second Indian captain, after Mohammad Azharuddin, to score hundreds in consecutive matches in England, and Yashasvi Jaiswal, few India batters managed to answer them in a satisfactory manner. After being put into bat by England, India looked like they were in control at various points during the day but then somehow contrived to gift away wickets and end t ...Read More >
BHOPAL: After bills showing 168 labourers and 65 masons were deployed for applying just 4 litres of paint at a school, and 275 workers and 150 masons for 20 litres at another school in Shahdol district went viral on social media, the state's school education minister ordered a probe into the matter. Minister of School Education Rao Uday Pratap Singh directed the principal secretary of school education and the commissioner of public instructions to initiate an investigation.Meanwhile, the district collector of Shahdol also ordered a separate inquiry and appointed SDM Beohari, Narendra Singh Dhu ...Read More >
New Delhi, July 8 (SocialNews.XYZ) Prime Minister Narendra Modi at the Rio 2025 BRICS Summit highlighted India's approach towards key issues like climate change and health security as the country is set to chair BRICS next year, emphasising that under India's presidency, it will endeavour to present BRICS in a new form with a 'humanity-first' approach. After wrapping up a "very productive" visit to Rio de Janeiro where PM Modi attended the 17th BRICS Summit, the Prime Minister on Monday arrived in the Brazilian capital of Brasilia where he is expected to hold talks on India-Brazil relations w ...Read More >
Still, the ongoing U.N. climate talks have thrown a spotlight on their efforts to tackle global warming. While the COP29 summit in Baku, Azerbaijan, is tasked with agreeing a goal to mobilize hundreds of billions of dollars for climate, leaders of the Group of 20 major economies half a world away in Rio are holding the purse strings. G20 countries account for 85% of the world's economy and are the largest contributors to multilateral development banks helping to steer climate finance. "The spotlight is naturally on the G20. They account for 80 percent of global emissions," U.N. Secretary Ge ...Read More >
Biocon Biologics, in collaboration with Diabetes Africa and St Paul’s Hospital in Ethiopia, has launched the Embedding Specialist Nurses in Diabetes Care project. The initiative focuses on training nurses to become diabetes specialists to address the country’s growing diabetes crisis. With Ethiopia ranking among the top countries in sub-Saharan Africa for diabetes prevalence, this project aims to integrate diabetes care into primary healthcare, enhancing accessibility and care quality. By upskilling nurses and establishing a structured pathway for them, the program seeks to improve diabetes ma ...Read More >
New Delhi [India], June 7 (ANI): Highlighting the significance of strengthening early warning systems to mitigate risks from disasters, Prime Minister Narendra Modi on Saturday said that coastal regions and islands are at great risk due to natural disasters and climate change. Addressing the International Conference on Disaster Resilient Infrastructure (ICDRI) via videoconference, the Prime Minister said that India in recent times witnessed Cyclone Remal in India and Bangladesh, Hurricane Beryl in the Caribbean, Typhoon Yagi in Southeast Asia, and Hurricane Helene in the United States. 'The ...Read More >
India prioritizes mutual benefits and national interests over deadlines in trade agreements, according to Minister Piyush Goyal. He emphasized fairness and a win-win approach, especially with the US, amidst looming reciprocal tariffs. While negotiations continue with the US, EU, and other nations, India remains firm on securing favorable terms before finalizing any deals.Days ahead of the US' July 9 deadline for reciprocal tariffs, commerce and industry minister Piyush Goyal on Friday said India ...Read More >