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.
Dhaka [Bangladesh], March 27 (ANI): Amid the energy crisis in Bangladesh caused by the conflict in West Asia, India has supplied an additional 5,000 tons of diesel, a senior government official said on Friday night. "An additional 5,000 tons of diesel have arrived in Bangladesh from India. With this, Bangladesh has now received a total of 15,000 tons of diesel from India in recent times," Md. Murshed Hossain Azad, General Manager (Commercial), Bangladesh Petroleum Corporation (BPC), told ANI ove
SOLAPUR, India (Reuters) - India is likely to produce a record amount of sugar in the next marketing year from October after millions of farmers expanded cane cultivation, encouraged by ample water supplies and declining prices of competing crops, farmers and industry officials told Reuters. The rebound in production would allow the world's second-largest sugar producer to resume exports in 2025/26, they said, after a lack of rain cut cane yields and led to two years of restrictions. Indian exports could cap global sugar prices, traders said, by increasing supplies in the world market at a t ...Read More >
Moradabad (UP), Aug 1 (PTI) The Moradabad district administration has cancelled the allotment of a government bungalow granted to former Uttar Pradesh chief minister Mulayam Singh Yadav. The Samajwadi Party (SP) has been asked to vacate the premises within 30 days. The bungalow, located in the posh Civil Lines area near the Police Training College (PTC II), was allotted to the SP patriarch 31 years ago. Spread across nearly 1,000 square meters on Nazul land, the property serves as the local SP office. District Magistrate Anuj Singh said the property is needed for housing officers and other ...Read More >
Bilaspur (Chhattisgarh) [India], April 1 (ANI): South Eastern Coalfields Limited (SECL) has achieved a significant milestone in FY 2025-26, emerging as the only subsidiary of Coal India Limited to register positive growth across all three key performance parameters--coal production, offtake and overburden removal (OBR). SECL recorded coal production of 176.2 million tonnes, reflecting a growth of 5.26% (8.8 MT) over the previous year. Coal offtake stood at 178.6 million tonnes, registering a growth of 4.6% (7.9 MT). Rail despatch witnessed a 16% increase, while despatch through First Mile Con ...Read More >
NEW DELHI: India on Friday commissioned INS Nistar, its first indigenously designed and constructed diving support vessel, which can undertake complex deep-sea saturation diving and submarine rescue operations that only a few navies are capable of around the world.The commissioning of the 118-metre-long specialised warship, with a displacement of around 10,000 tonnes and over 80% indigenous content, took place at Visakhapatnam in the presence of minister of state for defence Sanjay Seth and Navy chief Admiral Dinesh K Tripathi. INS Nistar is the first of the two such vessels being built by Hin ...Read More >
Jammu: Farmers thrash paddy plants to separate the rice grain, on the outskirts of Jammu India has identified 26 countries as potential markets for expanding its rice exports, including Indonesia, Philippines, Vietnam and the US, with a potential of unlocking Rs 1.8 lakh crore of export orders, and is set to focus on these at the Bharat two-day International Rice Conference (BRIC) 2025 in Delhi next week. India wants to strengthen its position in regions where competitors such as Pakistan and Ireland currently dominate and has identified 26 such markets, pointed out Dev Garg, Vice President ...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 2 (Reuters) - India is using a cooking gas crisis triggered by the Iran war to plug leaks in its local distribution chain and strengthen infrastructure to expedite a shift towards piped gas as it looks to reduce liquefied petroleum gas imports and spending on subsidies. The government has invoked emergency powers to ensure that limited LPG supplies are directed toward actual household use and will halt supplies after three months for customers linked to piped gas connections. Last month, India issued an order setting timelines for new pipeline approvals, with permissions dee ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped inside a residential building that caught fire, the DCP said. With the help of police personnel and fir ...Read More >
Udaipur: Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported 4.7% decline in consolidated net profit at Rs 2,234 crore for the quarter ended June 30, 2025 on account of decline in revenue.The company had posted a net profit of Rs 2,345 crore in the year-ago period, HZL said in a filing to BSE.Revenue during the first quarter of FY26 dropped to Rs 7,591 crore from Rs 7,893 crore in the year-ago period.In a statement, HZL said the decline in revenue was due to reduced volumes and decreased prices for zinc and lead commodities, although this was somewhat compensated by increased silver ...Read More >
Finance Minister Nirmala Sitharaman on Thursday assured farmers that the government will continue support to improve their income. She inaugurated the Farmers' Training and Common Facility Centre in Karnataka's Raichur district aimed at boosting the pulse value chain and empowering farmers. Sitharaman highlighted Raichur's potential as an Aspirational District, part of the NITI Aayog's programme to develop districts with untapped potential. She said that Raichur ranked number one among 112 aspir ...Read More >
New Delhi [India], April 3 (ANI): Amid the conflict in West Asia and the Gulf region, which has resulted in a fuel crisis in several countries across the world, India on Thursday said that it has received a request from Bangladesh for the supply of diesel, which is currently being examined by the government. Other countries from the neighbourhood, including the Maldives and Sri Lanka, have also approached India. The inputs were shared by the Ministry of External Affairs Spokesperson Randhir Jaiwal during a weekly presser here in the national capital on Thursday. Speaking about India's energy ...Read More >
Chennai: The capacity utilisation of the domestic steel industry is set to drop to 78 per cent for the first time in four years. In order to check unprecedented imports, the government is considering imposing a 25 per cent duty on steel imports. Cheaper imports from China and countries under Free Trade Agreement along with ongoing capacity addition can lead to capacity utilisation of domestic steel mills dropping from 85 per cent in FY2024 to an estimated 78 per cent in the current fiscal, the lowest we have seen in the last four years. The domestic steel industry witnessed an all-time high ...Read More >
HYDERABAD The Bharat Rashtra Samithi (BRS) has ridiculed the argument of Minister for Irrigation N. Uttam Kumar Reddy, who had stated that it was not possible to lift water from Medigadda Barrage damaged due to the sinking of piers, and observed that it is not the barrage that had sunk but it is the willingness of the ruling party. Speaking at a party meeting here on Monday, former minister for irrigation T. Harish Rao accused Mr. Uttam Kumar Reddy of waiting for 'auspicious' time to switch on the motors of Kalwakurthy, when Andhra Pradesh had already started drawing water from Pothireddypad ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family has not yet agreed to clemency or blood money. As a last-ditch effort to save her, Kanthapuram A. ...Read More >
HYDERABAD: Irrigation minister N. Uttam Kumar Reddy on Saturday directed officials to prepare a practical and scientific plan to ensure adequate irrigation for the Kharif season crops in the state. The minister said the plan must take into account current reservoir levels, inflows during this monsoon season, and the total ayacut that can be irrigated from each of the water sources. At a high-level meeting held at Dr B.R. Ambedkar Telangana Secretariat, Uttam Kumar Reddy said a clear and coordinated water release strategy must be in place based on real-time data, crop patterns, and the geograp ...Read More >
Chennai (Tamil Nadu) [India], August 4 (ANI): Actor and Makkal Needhi Maiam founder Kamal Haasan made strong remarks on the necessity of education while addressing a gathering at the Agaram Foundation event in Chennai. Education is the only weapon that can break the chains of dictatorship and Sanatan, the Rajya Sabha MP said on Sunday. Kamal Haasan added, Dont take anything else in your hands, only education. We cannot win without it, because the majority can make you lose. Majority Fools (Moodargal) will make u lose; knowledge alone will seem defeated. That why we must hold on to it (Educat ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Monday urged the opposition to engage in a direct and constructive discussion on paddy procurement in the assembly, accusing it of deliberately holding up debate despite repeated requests from the treasury bench. His remarks came even as BJD announced a protest in the city on Tuesday over the issue and stalled assembly proceedings for five consecutive days.Addressing a news conference, Pujari said procurement during the current kharif season was broa ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
NEW DELHI/BATHINDA: The Directorate of Enforcement (ED) on Friday conducted searches at 22 de-addiction centres across Punjab, including in Chandigarh, Barnala and Ludhiana, after its investigation revealed illegal sale of drugs by these centres. The agency also searched a premise in Mumbai linked to the accused.Dr Amit Bansal, who runs these 22 centres, is prime accused in the case, sources said. Bansal, against whom Punjab Police has registered multiple FIRs, is alleged to be engaged in illegal sale of drugs from his de-addiction centres.Privately-run drug de-addiction centres in Punjab are ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
Kolkata: Rice and edible oil prices have fallen sequentially this month ahead of the main festive season, companies said. While most rice varieties that Indian households consume have become cheaper in the retail market, a drop in the wholesale prices of edible oils is expected to reflect at the retail level by month-end. Rice prices have fallen as Bangladesh, which had aimed to import 1 million tonnes of the grain this year, has placed very little orders from India, traders said. Bangladesh buys good quality rice unlike African countries where India exports broken rice. Prices of miniket, ...Read More >
Guwahati, Dec 17: With an eye firmly on the 2026 Assam Assembly elections, the ruling BJP is set to intensify its political and development outreach in the state as Prime Minister Narendra Modi and Union Home Minister Amit Shah are scheduled for a series of high-profile visits to Assam later this month. Announcing the itinerary, Assam Chief Minister Himanta Biswa Sarma on a live feed, said the visits will showcase transformative infrastructure projects, and boost economic confidence. The Prime Minister will arrive in Assam on December 20 and inaugurate the new terminal at Lokpriya Gopinath B ...Read More >
New Delhi [India], June 7 (ANI): As the Prime Minister Narendra Modi-led government completes 11 years of governance, India's agricultural sector has undergone a profound transformation over the years which is rooted in the philosophy of Beej Se Bazaar Tak (seed to market), while also championing inclusivity, supporting small farmers, women-led groups, and allied sectors, while making India a global agricultural leader, said a statement from the Ministry of Agriculture and Farmers Welfare (MoAFW). PM Modi also highlighted today about ensuring prosperity of farmers and also focussing on issues ...Read More >
Rayachoti (AP), July 14 (UNI) In a ghastly road accident, 9 agriculture workers were killed and 12 were injured when a mango-laden lorry overturned at Reddipalli village of Pullampet mandal in Annamayya district last night. Police said that as many as 21 agriculture workers harvested mango at an orchard at Isukapalli village of Rajampet mandal. They loaded the mangoes on the lorry. The lorry was transporting the mango produce to the mango market yard at Railway Kodur. The workers were travelling on the top of the mango-laden lorry. The accident took place past midnight. The lorry overturned ...Read More >
New Delhi: State-run GAIL (India) Ltd has signed a long-term LNG sales and purchase agreement with Vitol Asia Pte. Ltd for the annual supply of approximately 1 million metric tonnes per annum (MMTPA) of liquefied natural gas over a 10-year period, starting in 2026. Under the agreement, Vitol will deliver LNG to GAIL from its global portfolio, the company said in a statement. "GAIL is expanding its long-term LNG portfolio to meet demand growth. We are pleased to partner with Vitol Asia Pte. Ltd, and this agreement represents a key milestone in reinforcing GAIL's capability to reliably serve i ...Read More >
Nagpur: Gas Authority of India Limited (Gail) may pump LNG from Adani Group's Dhamra port in the eastern coastal state of Odisha through its pipeline connecting Nagpur to Jharsuguda. Gail is laying a gas pipeline from Mumbai to Nagpur, along the Samruddhi Expressway, with the pipeline extending further to Jharsuguda in the east.Adani has an LNG terminal at Dhamra port on the east coast and is delivering LNG to Gail's metering stations there. The facility will enable Gail to charge up the pipeline from both the east and west coasts. A two-way pumping of gas also helps prevent a pressure drop in ...Read More >
New Delhi, Jun 30 (PTI) As the monsoon arrives in the national capital, civic agencies race towards completing the desilting work with PWD and have completed 82 per cent of the work, according to a statement issued on Monday. Irrigation and Flood Control Department has completed 100 per cent desilting of large drains, officials said on Monday. Waterlogging is a serious problem that the city faces, disrupting traffic movement every year during monsoon season. The Public Works Department (PWD, which manages 2,148 kilometres of drain network across the city roads, carried out the work in 35 pac ...Read More >
Agartala (Tripura) [India], July 16 (ANI): In a significant move to enhance the income of pineapple cultivators in Tripura, Agriculture and Farmers' Welfare Minister Ratan Lal Nath announced that the state government plans to establish a new fruit processing centre at Nalkata under the Public-Private Partnership (PPP) model. Addressing the Pineapple Festival at Geetanjali Auditorium in Kumarghat, Minister Nath emphasised the government's commitment to promoting pineapple cultivation and exports. He revealed that from 2018 to 2025, the state successfully exported 73.15 metric tonnes (MT) of pi ...Read More >
Mumbai, Jul 18 (PTI) A three-storey chawl collapsed in the western suburb of Bandra here in the early hours of Friday, with at least 10 people feared trapped in the debris, civic officials said. As many as seven people have been rescued from the debris so far and admitted to the civic-run Bhabha Hospital, they said. According to preliminary information, chawl number 37 in the Bharat Nagar area of Bandra East collapsed around 5.56 am. Eight fire engines are at the spot along with teams from the Mumbai police and the Brihanmumbai Municipal Corporation's local ward machinery, an official from ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health department has urged district administrations to issue a public advisory on JE prevention measures and to i ...Read More >