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.
Kuwait City, March 30 (UNI) Indian Ambassador Paramita Tripathi visited the Central Mortuary of Kuwait on Monday, where the mortal remains of an Indian national, who lost his life during an attack on a desalination facility, were received. During the visit, the Ambassador met Brig. Abdulrahim Al-Awadhi, General Manager of the General Department of Criminal Evidence, to convey appreciation for the prompt and sensitive support provided by Kuwaiti authorities. The Indian Embassy continues to maintain close contact with the family of the deceased and is coordinating with Kuwaiti officials to ensure the expeditious transportation of the mortal remains back to India. An Indian worker was killed in an Iranian attack on a power and water desalination plant in Kuwait on Monday (March 30), according to the Kuwaiti government. The attack also damaged a service building at the facility, the Ministry of Electricity and Water said in a post on social media platform X. Since the conflict began in West Asia, at least seven Indian nationals have been confirmed killed, and one has been reported missing.
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 >
Nearly 1,200 Indian nationals, most of them students, have left Iran since the start of the West Asia conflict by crossing via land borders to Armenia and Azerbaijan, while three Indians were injured in attacks in the United Arab Emirates (UAE), officials of the external affairs ministry said on Wednesday. About 9,000 Indians, including students and businesspeople, were in Iran when military strikes by Israel and the US on February 28 triggered the conflict. Scores of students were moved from ci ...Read More >
NEW DELHI: The impact of the West Asia war between Iran and Israel has started taking a toll in India, as the country has significantly increased the prices of commercial LPG cylinders, Aviation Turbine Fuel (ATF), and premium petrol and diesel on Wednesday. For the first time, Aviation Turbine Fuel (ATF), or jet fuel -- which constitutes 40% of the total operational expenditure of airlines -- was more than doubled, rising 115% to a record ₹2.07 lakh per kilolitre on Wednesday from March levels. However, for domestic airlines, the price hike was capped at 25%, with the government allowing onl ...Read More >
New Delhi: With the West Asia war showing no signs of ebbing, US President Donald Trump, in his first comments after the jet crashes has asserted that the destruction of an American military aircraft will have no bearing on diplomatic discussions with Iran, as per news reports. Dismissing the notion that the event would impede negotiations, the President stated, "No, not at all. No, it's war. We're in war." These remarks represent the leader's first public response to the loss of an American plane during the hostilities, occurring as combat actions and diplomatic initiatives proceed simultan ...Read More >
Mumbai: Equity indices in Asia were under pressure on Thursday after Iran said the US violated the recently announced two-week ceasefire. Iran closed the Strait of Hormuz less than 24 hours after agreeing to a ceasefire with the US. Following this, the June contract of Brent Crude oil futures rose by 2% to nearly $97 per barrel. South Korea's benchmark index Kospi declined the most among its peer indices, after gaining for the previous four straight sessions. Japan's benchmark index Nikkei 225, and the broader market Topix, fell 0-5-0.8%. "The deep historical distrust we hold toward the Unite ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite MI's dominant chase of 220. KKR seemed in control after posting a commanding 220/4, but the script ...Read More >
New Delhi, April 8 (SocialNews.XYZ) Commerce and Industry Minister Piyush Goyal on Wednesday said he had meaningful virtual interactions with several world leaders to further strengthen bilateral ties and trade. Goyal has a "constructive virtual interaction" with Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, the UAE. "We discussed opportunities to further strengthen India-UAE trade ties and expand avenues for deeper bilateral cooperation. Look forward to advancing our strategic partnership to new heights," the minister said on social media platform X. Goyal also interacted with ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Actor Harshvardhan Rane, who was last seen in 'The Miranda Brothers', is heaping praise on the recently released film 'Saiyaara', and its team. On Saturday, the actor took to the Stories section of his Instagram, and penned a special note for the film and its makers after it witnessed a stellar opening day. He wrote, "Another melodious example of a love story shattering all myths and formulas of the industry. Honest heart wrenching love story wins again in 2025! #Saiyaara". 'Saiyaara', which stars Aneet Padda, and marks the debut of Ahaan Panday, is helmed b ...Read More >
New Delhi, Feb 2 (PTI) The Rashtriya Swayamsevak Sangh (RSS) on Monday called for peace in the world, saying battles should only happen for the good of humanity and truth, not for "selfish" reasons. Addressing an event here, RSS national publicity and media department head Sunil Ambekar also expressed concern over the safety of Indians stranded in various locations abroad due to the prevailing situation in West Asia. The senior RSS functionary's remarks came amid widening conflict in West Asia after the United States and Israel targeted Iran in coordinated attacks over the weekend that kille ...Read More >
Prime Minister Narendra Modi on Monday emphasised the need for early restoration of peace in West Asia during a phone conversation with his Dutch counterpart Rob Jetten, which also focused on strengthening India-Netherlands ties. "Exchanged views on the situation in West Asia and emphasised the need for early restoration of peace and stability in the region," PM Modi said on social media. This was the first conversation between Modi and Jetten, who became the Prime Minister last month. India a ...Read More >
NEW DELHI: Iranian Foreign Minister Seyed Abbas Araghchi spoke with External Affairs Minister S Jaishankar on Sunday, as diplomatic outreach intensified alongside sharply escalating rhetoric from Washington. "Received a call from Foreign Minister Araghchi of Iran. Discussed the present situation," Jaishankar posted on X, marking their sixth conversation since the outbreak of the West Asia conflict on February 28. The Iranian Embassy in New Delhi said the two sides discussed "bilateral relations as well as regional and international developments," underscoring continued engagement amid a fast ...Read More >
New Delhi, Apr 8 (PTI) Taking a swipe at the government, the Congress on Wednesday said the role played by Pakistan in bringing about the ceasefire between the US and Iran is a "severe setback" to Prime Minister Narendra Modi's "highly personalised diplomacy" and the "self-styled Vishwaguru" stands thoroughly exposed. The opposition party also said Prime Minister Modi's "cowardice is demonstrated by his silence not only on Israel's belligerence, but on the completely unacceptable and disgraceful language being used by his good friend in the White House". Congress general secretary in-charge ...Read More >
New Delhi, Apr 8 (PTI) India on Wednesday welcomed the two-week ceasefire between the US and Iran and called for unimpeded freedom of navigation and flow of commerce through the Strait of Hormuz, while hoping that lasting peace will return to West Asia. New Delhi said it continuously advocated that dialogue and diplomacy are essential to bring an early end to the hostilities. The conflict was triggered by US-Israeli strikes against Iran on February 28. India's reaction came hours after Iran and the US agreed on the conditional ceasefire that included the opening of the Strait of Hormuz, the ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
Bhubaneswar, March 30 (SocialNews.XYZ) Chief Minister Mohan Charan Majhi on Monday directed district collectors across Odisha to keep enforcement squads on a 24-hour action mode and regularly monitor market conditions to curb black marketing, illegal hoarding, and price rise. In view of the prevailing situation in West Asia, CM Majhi also reviewed the supply of essential commodities in the state during a high-level virtual meeting with district collectors. According to an official statement issued by the Chief Minister's Office, Majhi reviewed the steps taken at the district level to address ...Read More >
New Delhi, Apr 1 (PTI) Over 1,150 Indian nationals have left Iran through land border crossings in Armenia and Azerbaijan since the start of the West Asia conflict a month ago, the Ministry of External Affairs (MEA) said on Wednesday. It also said that three Indians were injured in attacks in the United Arab Emirates (UAE) on Tuesday. "Our embassy in Tehran has facilitated the movement of 1,171 Indian nationals, including 818 students, to exit Iran via the land borders into Armenia and Azerbaijan," MEA spokesperson Randhir Jaiswal said at a media briefing. "From there, our nationals have be ...Read More >
New Delhi [India], April 5 (ANI): Congress General Secretary Jairam Ramesh on Sunday said that both Chief Election Commissioner Gyanesh Kumar and External Affairs Minister S Jaishankar are unlikely to respond to the party's recent questions concerning BJP's Puducherry President and Raj Bhavan constituency candidate VP Ramalingam and Latchiya Jananayaga Katchi (LJK) chief Jose Charles Martin hosting a Sri Lankan diplomat in Puducherry. Replying to Congress spokesperson Pawan Khera's post on X, Ramesh wrote, "The answers to your three questions are self-evident: 1. He will not, 2. He will not, ...Read More >
New Delhi: An informal group of ministers headed by Defence Minister Rajnath Singh on Wednesday reviewed India's preparedness in view of the continuing crisis in West Asia, with the government asserting that adequate stocks of fuel, fertilisers and foodgrains are being maintained to cushion any fallout. At the meeting of the Informal Empowered Group of Ministers (IGoM), the Centre said it was closely monitoring the evolving situation and had taken steps to ensure uninterrupted supplies of LPG, petrol, diesel and essential commodities while strengthening coordination and contingency planning a ...Read More >
PUNE: A few hours before the deadline for withdrawal of nominations for the bypolls, NCP (SP) chief Sharad Pawar 'advised' the Congress party to withdraw its candidate from the Baramati seat and support NCP chief Sunetra Pawar. Earlier, Sharad Pawar had said there was nothing wrong with the Congress contesting the Baramati seat. However, on the last day for withdrawal, he appealed to his alliance partner at both the Centre and state levels to step aside. "Maharashtra lost a talented politician like Ajit Pawar. The Baramati seat got vacant due to an accident. Against that backdrop, my advice to ...Read More >
New Delhi: Prime Minister Narendra Modi may meet US President Donald Trump on the sidelines of the ASEAN Summit in Kuala Lumpur on October 26-27, if the American leader confirms his participation, according to reports. Modi is expected to travel to the Malaysian capital for the ASEAN-India Summit, which is held alongside the main ASEAN meet, and also attend the East Asia Summit where both India and the US are participants. Malaysian Prime Minister Anwar Ibrahim has already extended an invitation to President Trump. If the meeting takes place, it will be the first between the two leaders since ...Read More >
Lucknow, Jul 17 (PTI) Uttar Pradesh's capital city has secured the third position in the category of urban spaces with population exceeding 10 lakh, while Prayagraj was adjudged the Cleanest Ganga City in the ninth edition of the Swachh Survekshan. Lucknow also became the first city in the state to achieve a 7-star Garbage Free City rating in the 2024-25 survey. Gorakhpur achieved double success, ranking third in the Safai Mitra Surakshit Sheher category and fourth among cities with a population between 3 to 10 lakh. Agra has been recognised as the Emerging Clean City of Uttar Pradesh, securi ...Read More >
New Delhi [India], March 30 (ANI): A total of 8 Indian nationals have lost their lives in West Asia as the conflict in the Gulf region enters its second month. One person also remains missing, a senior official from the Ministry of External Affairs informed on Monday. The official added that the Indian mission in Kuwait is working closely with local authorities to ensure the early repatriation of the mortal remains of an indian national who lost his life in an attack in Kuwait. Aseem Mahajan, Joint Secretary (Gulf), made the remarks at the Inter-Ministerial briefing here in the national capit ...Read More >
Cochin (Keralam) [India], April 1 (ANI): The mortal remains of 20 Indian nationals who died due to various causes in Kuwait recently arrived at Cochin International Airport in Kerala on Wednesday, according to officials. Among the deceased was 37-year-old Santhanaselvam Krishnan from Muthukulathur in Tamil Nadu's Ramanathapuram district, who was killed in a drone strike on a water desalination plant. The other 19 individuals had died due to separate incidents and natural causes, but their repatriation had been delayed because of the regional conflict. A total of 8 Indian nationals have lost ...Read More >
New Delhi [India], April 1 (ANI): Aviation companies have welcomed the government's decision to allow only a partial increase in Aviation Turbine Fuel (ATF) prices, saying the move will help maintain stability in airfares and provide relief to both airlines and passengers amid rising global uncertainties. In an official statement, IndiGo expressed gratitude to the government, stating, "We would like to thank the Hon'ble Prime Minister for such a significant step for all of us. We would also like to convey our heartfelt appreciation to the Ministry of Civil Aviation and the Ministry of Petrole ...Read More >
New Delhi, Apr 2 (PTI) Defence Minister Rajnath Singh on Thursday emphasised the need for round-the-clock monitoring of the West Asia conflict and called for a calibrated response to deal with any eventuality to ensure that national interests remain protected. Singh made the comments while chairing a high-level meeting of the Informal Group of Ministers (IGoM) set-up to monitor the situation in West Asia. The meeting was attended by External Affairs Minister S Jaishankar, Finance Minister Nirmala Sitharaman, Oil Minister Hardeep Singh Puri, Power Minister Manohar Lal, Chemicals and Fertilize ...Read More >
New Delhi, April 3 (SocialNews.XYZ) The Union Ministry of Petroleum and Natural Gas has asked all states and Union Territories to immediately step up proactive public communication on the availability of LPG and other petroleum products, citing the continued circulation of rumours and misinformation that are causing unnecessary public concern and panic buying. In a letter dated April 2, 2026, Secretary Dr Neeraj Mittal urged Chief Secretaries of all States and Union Territories to ensure daily press briefings at an appropriately senior level. He also emphasised the timely dissemination of acc ...Read More >
Jaishankar speaks with Iranian, Qatari and UAE leaders on West Asia conflict, notes sixth call with Irans Araghchi since war began External Affairs Minister Dr S Jaishankar on Sunday shared that he received a call from Iranian Foreign Minister Abbas Araghchi to discuss the ongoing conflict in West Asia. In a series of posts on X, Jaishankar said that he also spoke with Qatari Prime Minister, Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani and Foreign Minister of the United Arab Emirates, She ...Read More >
NEW DELHI: External Affairs Minister S Jaishankar spoke to Iranian Foreign Minister Abbas Araghchi and Qatari Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani on Sunday and discussed the West Asia conflict amid US President Donald Trump's fresh ultimatum to Iran demanding the reopening of the Strait of Hormuz. The external affairs minister also held a phone conversation with Foreign Minister of the United Arab Emirates Sheikh Abdullah bin Zayed Al Nahyan. It is understood that the conflict's impact on global energy supplies figured prominently in the talks. "Received a cal ...Read More >
New Delhi, Apr 7 (PTI) National Security Advisor Ajit Doval hosted Bangladesh Foreign Minister Khalilur Rahman for a dinner meeting on Tuesday, hours after the latter landed in New Delhi for a three-day visit aimed at repairing bilateral ties following more than 18 months of heightened diplomatic tension. It is the first high-level visit to India by a senior member of the new Bangladesh Nationalist Party government led by Prime Minister Tarique Rahman that came to power in February following the parliamentary elections. Various aspects of India-Bangladesh relations figured in the talks betwe ...Read More >
New Delhi, April 8 (SocialNews.XYZ) The Indian rupee on Wednesday showed positivity for a fourth consecutive session against the dollar, tracking gains in global equities after the United States and Iran agreed to a two-week ceasefire, offering markets respite from turbulence driven by the West Asia conflict. The domestic currency rose 0.4 per cent to 92.61 against the dollar from its previous close of 93. This comes after US President Donald Trump announced a temporary ceasefire with Iran, easing geopolitical tensions. The proposal calls for a two-week pause in hostilities and the immediate ...Read More >