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.
Rajgir (Bihar), Mar 31 (PTI) President Droupadi Murmu arrived in Bihar's Nalanda district on Tuesday to attend Nalanda University's second convocation ceremony. She was welcomed by External Affairs Minister S Jaishankar, Bihar Governor Syed Ata Hasnain, Bihar minister Shrawon Kumar and other leaders. Murmu inaugurated the university's newly built 2,000-seat auditorium 'Vishwamitralaya' here. According to a statement issued by the university, "During her first visit to Nalanda University as President of India, Droupadi Murmu will deliver the convocation address, confer degrees, and personally award gold medals to meritorious students." A total of 617 students from 31 countries will participate in the convocation ceremony, the statement added. This will be the first convocation at the university's permanent campus, which was inaugurated by Prime Minister Narendra Modi in June 2024, the statement added. PTI SUK RG
Story so far: India celebrated its 75th year of adoption of its Constitution on Tuesday (November 26, 2024) with President Droupadi Murmu addressing a joint session of parliament. While the Constitution of India hits its diamond jubilee this year, event commemorating is as 'Constitution Day' was started only in 2015. Prior to this, it was called 'National Law Day' -- first initiated by former Supreme Court Bar Association (SCBA) president Laxmi Mall Singhvi in 1979. "The Indian Constitution is a live, progressive document," said Ms. Murmu adding, "I urge all citizens to imbibe the constitutio ...Read More >
OCCRP had published news articles against Adani; BJP MP Sambit Patra calls Rahul 'traitor of highest order' After a hiatus of two days, the Winter Session of Parliament plunged into chaos again Thursday, this time due to the ruling BJP targeting Leader of the Opposition Rahul Gandhi and the Congress, accusing them of being part of a plan to "derail" India's economy and "disrupt" its democracy. Senior BJP MP Nishikant Dubey raised the matter in the Lok Sabha, alleging that a "dangerous triangle" ...Read More >
New Delhi [India], December 12 (ANI): JD(U) MP Sanjay Kumar Jha on Thursday backed the proposed 'One Nation, One Election' bill, stating that party supremo Nitish Kumar has always supported simultaneous Lok Sabha and Vidhan Sabha elections. He added that the party had previously voiced its support for the bill and had approached the relevant committee. Jha remarked, "Our party welcomes this. We had approached this committee, and I was also part of the delegation. Nitish Kumar has always advocated for simultaneous elections to the Lok Sabha and Vidhan Sabha. We conveyed to the committee that ...Read More >
Noting that the evolution of Quad has been a "notable development," External Affairs Minister S. Jaishankar has said the Indo-Pacific is experiencing "significant changes" including new convergences and partnerships. "In an era of collaborative endeavours, the Indo-Pacific will require practical solutions, nimble diplomacy, greater adjustment and more open conversations. The G7 can be one such partner," Mr. Jaishankar said as he attended the G7 FMM Outreach Session with Indo-Pacific partners in the Italian city of Fiuggi on Tuesday. G7 ministers throw support behind Israel-Hezbollah ceasefir ...Read More >
Concerned about the targeting of religious minorities in Bangladesh, the Trinamool Congress has urged the Indian government to request United Nations peacekeeping forces be dispatched. Sudip Bandyopadhyay raised the issue in Lok Sabha during Zero Hour, citing attacks on Hindus. The silence of the Indian government was criticized. The Trinamool Congress has expressed deep concern over the ongoing targeting of religious minorities, particularly Hindus, in Bangladesh. On Tuesday, they called upon the central government to request that the United Nations dispatch peacekeeping forces to the countr ...Read More >
New Delhi, Dec 5 (PTI) Prime Minister Narendra Modi on Thursday lauded the Indian hockey team for winning the men's junior Asia Cup, saying their unmatched skill, unwavering grit and incredible teamwork have etched this victory into the annals of sporting glory. He said on X, "Proud of our hockey champions! It's a historic moment for Indian hockey as our Men's Junior Team wins the Junior Asia Cup 2024 title.Their unmatched skill, unwavering grit and incredible teamwork have etched this win into the annals of sporting glory." Araijeet Singh Hundal slammed four goals as defending champions Indi ...Read More >
New Delhi, Dec 11 (PTI) A day after the members of Raj Kapoor's family met Prime Minister Narendra Modi, Bollywood star Kareena Kapoor Khan thanked him for inviting them to "commemorate the extraordinary life and legacy" of their grandfather ahead of the cinema icon's birth centenary. The Kapoor family, including actors Ranbir Kapoor, Riddhima Kapoor Sahni, and Neetu Kapoor, met the prime minister on Tuesday and invited him to the Raj Kapoor Film Festival to be held to celebrate the occasion. December 14, 2024 marks the 100th birth anniversary of Raj Kapoor, an actor, editor, a director, and ...Read More >
New Delhi: The Union Cabinet cleared the bill for the 'One Nation, One Election' proposal on Thursday (December 12). This development comes as Prime Minister Narendra Modi and the NDA have been repeatedly advocating for this initiative asserting that it will "strengthen the democracy" by holding simultaneous elections in the country. "Elections are held at different places every few months and it hampers the developmental work and all of you know it. Therefore, it is must to have deep study and deliberation on 'One Nation, One Election'," the PM said. "Only one voters' list should be used f ...Read More >
New Delhi [India], December 12 (ANI): Congress MP Jairam Ramesh has demanded that the proposed 'One Nation, One Election' bill be sent to a Joint Parliamentary Committee, asserting that the bill undermines democracy. "The bill will be presented in Parliament, and we want it to be referred to the Joint Parliamentary Committee, which will hold discussions on it. The Indian National Congress's position was clarified last year by party president Mallikarjun Kharge, who sent a four-page letter to former President Ram Nath Kovind's committee on One Nation, One Election, stating that we oppose the b ...Read More >
Why Is Indian Railways Called Indian Railways, Not Indian Railway? UPSC-Level Question Solved Months after India and China reached a deal to end border deadlock, External Affairs Minister S Jaishankar has flagged challenges that the two countries are facing. Speaking in the Lok Sabha, External Affairs Minister S Jaishankar said that India is committed to engaging with China to arrive at a fair and mutually acceptable framework for boundary settlement. The External Affairs Minister noted that India-China relations cannot be normal in the absence of a clearly articulated approach. "The governm ...Read More >
New Delhi, Dec 4 (PTI) The Congress Wednesday said a "cover-up" is in the making after reports claimed entities connected to the Adani Group have approached the SEBI seeking settlement in a case that alleges violations of public shareholding norms through unfair practices. It asserted the "scam" requires serious punitive action, including arrests and raids by investigative agencies. Congress general secretary in-charge communications Jairam Ramesh said a token settlement would make Indian institutions a laughing stock whose reputation has already been tarnished by the actions of Prime Minist ...Read More >
New Delhi, Dec 18 (PTI) The Rashtrapati Nilayam, one of the two presidential retreats, in Telangana's Secunderabad will host a 15-day flower and horticulture festival, 'Udyan Utsav', from December 29. People could make themselves aware about the innovation and technological development in agriculture and horticulture by visiting thematic stalls and participating in the workshops, according to an official statement issued on Wednesday. The Udyan Utsav, organised in collaboration with the Department of Agriculture and Farmers Welfare, the National Institute of Agricultural Extension Management ...Read More >
H.E. Josel Francisco Ignacio, current Ambassador of the Philippines to India shares his credentials with President Droupadi Murmu On 16 November 1949, the Philippines and India, the two independent democracies would forge diplomatic ties. The two republics were born just a few years apart, first set out on the road to their bilateral friendship and collaboration. This inaugurated a period of closer government interaction, commerce and investment, and other bilateral and multilateral cooperation. Building on much common ground in history, democratic ideals, socio-economic imperatives and aspi ...Read More >
Panaji, Dec 10 (PTI) Karachi-born Shane Sabastian Pereira entered India to live in his ancestral village in Goa just four months after his birth, but it has taken him 43 years to obtain Indian citizenship. Goa Chief Minister Pramod Sawant on Tuesday handed over the Indian citizenship certificate to the Pakistan-born Christian man under the Citizenship (Amendment) Act. Shane is the second person from the coastal state to receive the certificate, after Joseph Francis Pereira, another Pakistani citizen who was granted Indian citizenship in August this year. Shane, originally from Demello Wado ...Read More >
Hours after Atul Subash's wife Nikita Singhania, her mother Nisha and brother Anurag were arrested for allegedly abetting the suicide, the Bengaluru techie's father, Pawan Kumar Modi has questioned where Atul's four-year-old son is and said the family was worried about him. Modi thanked the police for arresting the woman and her family members. However, he said, "We don't know where she has kept our grandson. Has he been killed or is he alive? We don't know anything about him. I want my grandson ...Read More >
Extensive preparations are on in Mangalagiri for the first-ever convocation of AIIMS, scheduled for December 17, where President Droupadi Murmu will be the chief guest. District Collector S. Nagalakshmi, along with AIIMS director Madhabananda Kar, Joint Collector A. Bhargav Teja and Tenali Sub-Collector V. Sanjana Simha, held a review meeting with AIIMS officials and other district officers on Thursday evening at the AIIMS auditorium to oversee the arrangements. During the meeting, Collector Na ...Read More >
Mumbai, Dec 5 (PTI) BJP legislature party leader Devendra Fadnavis will be sworn-in as the new chief minister of Maharashtra on Thursday evening at a grand ceremony here to be attended by Prime Minister Narendra Modi and several other dignitaries. Fadnavis, who would be occupying the CM's post for the third time, along with two deputy chief ministers will take the oath of office, BJP leader Sudhir Mungantiwar told reporters, adding that other members of the cabinet will take oath later. Nationalist Congress Party chief Ajit Pawar and Shiv Sena chief Eknath Shinde are expected to take oath as ...Read More >
New Delhi [India], December 11 (ANI): On the birth anniversary of former President Pranab Mukherjee, Congress President Mallikarjun Kharge paid glowing tributes to the statesman, recalling his immense contributions to India's democracy and development. Kharge took to social media to share a heartfelt message, quoting one of Mukherjee's profound observations: Also Read | Atul Subhash Suicide Case: 4 People Including Bengaluru Techie's Wife Nikita Singhania Booked for Abetment of Suicide. "India's true story is the partnership of the people. Our wealth has been created by farmers and workers, ...Read More >
New Delhi [India], December 12 (ANI): External Affairs Minister S Jaishankar on Thursday wished his Kenyan counterpart Musalia W Mudavadi on Jamhuri Day, or independence day. Jaishankar shared an image of the International Yoga Day being celebrated in Kenya in July this year. In a post on X, he said, "Greetings to FM Musalia W Mudavadi, the Government and people of Kenya on Jamhuri Day." The Indian embassy in Kenya also extended its wishes on Kenyan independence day. The Kenyan High Commission in India celebrated Jamhuri Day on December 10. In a post on X, the Kenyan High Commission said, ...Read More >
New Delhi, Dec 12 (PTI) The Union Cabinet on Thursday approved bills to implement 'One Nation, One Election', and the draft legislations are likely to be introduced in Parliament in the ongoing Winter session, sources said. The decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi. The government is keen on holding wider consultations on bills which are likely to be referred to a parliamentary committee. Sources said the government was also keen to consult the Speakers of various state legislative assemblies through the committee. Moving ahead with it ...Read More >
Mumbai, Dec 17 (PTI) Senior NCP leader Chhagan Bhujbal on Tuesday launched a veiled attack on party president Ajit Pawar over his exclusion from the new council of ministers, claiming Maharashtra Chief Minister Devendra Fadnavis was in favour of his induction in the cabinet. He said Ajit Pawar, the NCP president, makes decisions for the party like Fadnavis for the BJP and Eknath Shinde for the Shiv Sena. Amid speculation over his "Jahan nahi chaina, wahan nahi rehna" remark a day before, Bhujbal said he would speak on Wednesday after discussing with NCP workers and people from the Yeola cons ...Read More >
New Delhi, Dec 18 (PTI) Leader of Opposition in the Lok Sabha Rahul Gandhi on Wednesday said the country will not tolerate Babasaheb Ambedkar's insult and demanded that Home Minister Amit Shah should apologise for his remarks in the Rajya Sabha. Several MPs of the INDIA bloc, including Congress leaders Mallikarjun Kharge and Rahul Gandhi, staged a protest in Parliament premises demanding Shah's apology for his remarks which they claimed were an insult to B R Ambedkar. Sharing pictures from the protest, Gandhi said in a Facebook post in Hindi, "Baba Saheb is the architect of the Constitution, ...Read More >
PM Modi holds bilateral meetings with Indonesia and Portugal President Prabowo Subianto of Indonesia and Prime Minister Narendra Modi engaged in bilateral discussions during the G20 Leaders' Summit in Brazil. The Indian delegation, which included External Affairs Minister S Jaishankar, participated in discussions with their Indonesian counterparts. During their interaction, PM Modi emphasised the discussions centred on strengthening bilateral relations across various sectors, including trade, defence cooperation and additional areas of mutual interest. ...Read More >
Bhubaneswar, Dec 3 (PTI) President Droupadi Murmu on Tuesday arrived in Odisha and unveiled a statue of Santali writer and educator Pandit Raghunath Murmu here. She also visited the Adim Owar Jarpa Jaher, a sacred place for Santals, in Bhubaneswar and offered prayers. The President was accorded a warm welcome at Biju Patnaik International Airport (BPIA), where she landed on a special aircraft of the Indian Air Force (IAF) to commence her five-day visit to Odisha. She was received at the airport by Governor Raghubar Das, Chief Minister Mohan Charan Majhi and other dignitaries. People standi ...Read More >
Mumbai, Dec 3 (PTI) Maharashtra's caretaker Chief Minister Eknath Shinde on Tuesday visited a private hospital in Thane for a "check-up," two days before a new CM is sworn in at an open ground ceremony in south Mumbai. Even as it is not known yet who would take oath as chief minister at Azad Maidan on the evening of December 5, preparations are in full swing for the ceremony, to be attended by Prime Minister Narendra Modi, about 2,000 VVIPs and some 40,000 supporters. Shinde, who had been staying at his private residence in Thane for the last few days, visited the hospital in the morning. "I ...Read More >
Kolkata, Dec 4 (PTI) A five-member delegation of monks went to the Bangladesh Deputy High Commission here on Wednesday to submit a memorandum demanding immediate steps to stop atrocities on Hindus and other religious minorities in the neighbouring country. Kartik Maharaj, one of the members of the delegation, said they had also written to Prime Minister Narendra Modi, urging him to take legal recourse to ensure the safety and security of minorities in Bangladesh. "Bigger protests will be organised in West Bengal if appropriate steps are not taken to ensure protection of the minorities in Ban ...Read More >
Srinagar, Dec 4 (PTI) Security forces continued their search for militants in the Dachigam forest here on Wednesday, a day after a Lashkar-e-Taiba terrorist was killed in an encounter in the area, officials said. According to officials, the security forces halted their search on Tuesday night but maintained a tight cordon in the area. The search for militants in the vast mountainous and forest area of Dachigam resumed in the morning, they said. Also Read | ISRO PROBA-3 Mission Launch Delayed: Indian Space Agency Reschedules Launch of PSLV-C59 After Detecting 'Anomaly'. "The search operation ...Read More >
INDIA bloc MPs, donning black jackets with slogans like "Modi Adani Ek Hai", protested at Parliament demanding a joint probe into the Adani issue. Priyanka Gandhi Vadra accused PM Modi of evading discussion on the "Adani mega scam" while defending Adani's alleged corruption. Rahul Gandhi asserted that Modi won't investigate Adani as it would be like investigating himself.Congress leader Priyanka Gandhi Vadra Thursday said the country's people want the "Adani mega scam" to be discussed in Parliame ...Read More >
Bengaluru: Ex-Karnataka Chief Minister and former External Affairs Minister SM Krishna died here early on Tuesday, leaving behind a rich legacy of statesmanship and public service that saw the 92-year-old leader scale all heights of political achievements. Suave, sophisticated and a man with enviable academic credentials, Somanahalli Mallaiah Krishna started off his political innings as an independent MLA from Maddur in 1962, stunning a then Congress veteran in the elections, and went on to become the state's CM and later the country's External Affairs Minister. Tributes poured in for the fo ...Read More >
New Delhi [India], December 12 (ANI): The Union Cabinet on Thursday approved the 'One Nation, One Election,' bill in the parliament, marking a significant step towards the electoral process, sources told ANI. A comprehensive bill is expected to follow this decision, paving the way for unified elections across the nation. Earlier on Wednesday, former President of India Ram Nath Kovind stated that the Central government must build a consensus on the 'One Nation, One Election' initiative, emphasising that the issue transcends political interests and serves the nation as a whole. Speaking to th ...Read More >