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) External Affairs Minister S Jaishankar on Tuesday observed that a "democratisation of global order" was being witnessed across the world, which was "becoming more multi-polar" since many cultures and societies were "making their voices heard". The remarks were made in his brief speech to the convocation ceremony of Nalanda University at Rajgir in Bihar, which was attended, among others, by President Droupadi Murmu. "The world is becoming more multi-polar because there are many more societies and many more cultures that are making their voices heard. The Nalanda tradition can be a powerful influence in this democratisation of world order", said Jaishankar, referring to the ancient seat of learning which was known to attract students and scholars from far and wide. He added, "the very term Nalanda evokes memories of India's intellectual heritage and cultural grandeur. A revival of that tradition in this institution is an indicator of the rise of not just India but Asia itself". The minister also noted that there were "intense debates" about "future directions of growth and progress in the world". "Much of that understandably centres around technology. But as the Nalanda spirit reminds us, we should never forget that there is always a human side", added Jaishankar. The minister expressed hope that "international students" would do their bit in promoting "understanding of India in their respective countries when they go back". "All of you, I know, have given your best here and, and I know equally well that you are taking a part of India back with you", added Jaishankar. PTI NAC RG
Rameswaram, Feb 10 (PTI) The new 2.05 kilometre Pamban Bridge will allow trains to cross the sea between mainland India and Rameswaram Island in Tamil Nadu in less than 5 minutes, significantly less than the previous 25-30 minutes on the old structure, railway officials said on Monday. The bridge is ready to be dedicated to the nation and Prime Minister Narendra Modi is expected to inaugurate it within the next few weeks, though a date is yet to be decided, he added. "Trains used to take 25-30 minutes to cross the old colonial-era Pamban Bridge between Mandapam and Rameswaram Islands due to ...Read More >
New Delhi [India], June 5 (ANI): Aam Aadmi Party MP Ashok Kumar Mittal on Thursday hailed the all-party delegation's visit to several countries worldwide and noted that the members had briefed External Affairs Minister Dr S Jaishankar about their visits. On meeting External Affairs Minister S Jaishankar, member of the all-party delegation led by DMK MP Kanimozhi, AAP MP Ashok Kumar Mittal told ANI, 'After returning today, we met External Affairs Minister Dr S Jaishankar. He wanted to know the response in the five countries we visited. We told him about it. Wherever we went, the countries appr ...Read More >
New Delhi [India], June 5 (ANI): Aam Aadmi Party MP Ashok Kumar Mittal on Thursday hailed the all-party delegation's visit to several countries worldwide and noted that the members had briefed External Affairs Minister Dr S Jaishankar about their visits. On meeting External Affairs Minister S Jaishankar, member of the all-party delegation led by DMK MP Kanimozhi, AAP MP Ashok Kumar Mittal told ANI, 'After returning today, we met External Affairs Minister Dr S Jaishankar. He wanted to know the response in the five countries we visited. We told him about it. Wherever we went, the countries appr ...Read More >
Mumbai, Jun 5 (PTI) The rupee snapped its two-day losing streak and closed 8 paise higher at 85.79 against the US dollar on Thursday, supported by positive domestic equities and a rise in Asian currencies. Forex traders said overnight softening of crude oil prices favoured the rupee. However, a strong US dollar index capped sharp gains. Besides, market participants are now keenly awaiting the outcome of the Reserve Bank of India's (RBI's) monetary policy meeting for further cues, they said. At the interbank foreign exchange, the domestic unit witnessed a volatile trading session -- it opene ...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 >
Bhubaneswar, Jan 31 (PTI) Odisha Chief Minister Mohan Charan Majhi on Friday demanded an immediate apology from the Opposition Congress over the remarks of party leaders Sonia Gandhi and Rahul Gandhi on President Droupadi Murmu and said those were insults for the people of Odisha and the Santal community also. Majhi expressed his opinion on the ongoing debate over the alleged disrespect to the country's first tribal woman President through a long post on X. "Sonia Gandhi's comment, 'Poor lady President Murmu got tired at the end,' and Rahul Gandhi's 'boring' remarks are not just insults to I ...Read More >
New Delhi [India], June 5 (ANI): External Affairs Minister S Jaishankar, in the presence of leaders of Central Asian countries, touched upon various business opportunities and complementarities between these respective economies on Thursday. Jaishankar suggested a few areas where India and Central Asian countries should collaborate to improve their economies. Jaishankar noted that India's trade and economic ties with Central Asia have actually shown a very strong positive trend over the last decade. However, he has also said that the trade figures do not reflect the full potential. Given th ...Read More >
New Delhi, June 6 (SocialNews.XYZ) External Affairs Minister (EAM) S. Jaishankar has urged the India-Central Asia Business Council to recommend a roadmap for further deepening of India-Central Asia ties in trade, economic and investment. Addressing the Business Council meeting in the national capital, EAM Jaishankar highlighted three broad objectives for strengthening the economic partnership -- deepen existing cooperation, diversify the trade basket and introduce sustainability and predictability in economic interactions. "One, is to deepen the existing cooperation both in terms of volume a ...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 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 >
New Delhi [India], May 23 (ANI): Criticising the BJP-led NDA government, Leader of the Opposition in Lok Sabha (LoP) Rahul Gandhi on Friday said that India's foreign policy has collapsed. In a post on X, Gandhi raised three questions to the central government. "Will JJ explain, Why India has been hyphenated with Pakistan? Why didn't a single country back us in condemning Pakistan? Who asked Trump to "mediate" between India & Pakistan?" the LoP said. Reposting a video of S Jaishankar's interview with a media outlet, he said, "India's foreign policy has collapsed," he added. Earlier, Gandhi q ...Read More >
New Delhi, June 6 (SocialNews.XYZ) External Affairs Minister (EAM) S. Jaishankar on Friday welcomed the Foreign Ministers of Kazakhstan, Turkmenistan, Uzbekistan, Kyrgyzstan, and Tajikistan in New Delhi for the 4th India-Central Asia Dialogue, as India continues to put a strong foot forward in enhancing anti-terror and de-radicalisation partnerships across the region. "4th India-Central Asia Dialogue begins in Delhi. EAM S Jaishankar warmly welcomed Deputy Prime Minister and Foreign Minister of Kazakhstan Murat Nurtleu, Foreign Minister Sirojiddin Muhriddin of Tajikistan, Deputy Chairman of C ...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 >
New Delhi, Dec 18 (PTI) Gold prices fell Rs 200 to Rs 79,100 per 10 grams in the national capital on Wednesday amid a firm trend in international markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity settled at Rs 79,300 per 10 grams in the previous session. Snapping a three-day losing run, silver climbed Rs 500 to Rs 92,000 per kg on Wednesday. It closed at Rs 91,500 per kg on Tuesday. In the last three sessions, the white metal plunged Rs 5,500 per kg. The price of gold of 99.5 per cent purity slipped Rs 200 to Rs 78,700 per 10 grams from the ...Read More >
Srinagar, May 21: Jammu and Kashmir Pradesh Congress Committee (JKPCC) president Tariq Hameed Karra on Wednesday hit out at External Affairs Minister S Jaishankar's statement that India had informed Pakistan beforehand about the missile strikes on terror infrastructure in the neighbouring country. "Our external affairs minister says that we informed Pakistan that we are going to strike at terror training centres. Are wars fought like this? Do you give advance notice?" Karra said, while addressing a 'Jai Hind' yatra in Anantnag district. The JKPCC chief also questioned the BJP-led central gov ...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 >
Kolkata: On the 13th day of teachers' protest outside Bikash Bhavan, the protesting teachers split among themselves and formed a new platform. At least 2,500 protesters stood by the chief minister, as stated in a press conference by education minister Bratya Basu on Monday. Reacting to a question from media, Basu said in Titagarh, "I will trust those who have written to me expressing their faith in the chief minister."The new organisation formed was named the West Bengal Untainted Teachers Associ ...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 >
New Delhi, Dec 3 (PTI) India began their campaign in the 20th Asian Women's Handball Championship (AWHC) 2024 with a battling 31-28 win over Hong Kong here on Tuesday. India's win was mainly due to brilliant performances from Bhawana Sharma and Menika. Also Read | Pakistan Champions Cup T20 2024 Schedule, Free Live Streaming Online, Teams, Squads and All You Need to Know. India started the match positively, scoring their first goal of the tournament through Priyanka Thakur, who was instrumental in India's historic win at the 2022 Asian Women's Junior Handball Championship. Moments later, e ...Read More >
New Delhi [India], December 18 (ANI): Chinese Ambassador to India, Xu Feihong on Wednesday said that China is ready to work with India and put into action the understandings between Indian and Chinese leaders. The comments come ahead of the 23rd meeting of the Special Representatives between National Security Advisor Ajit Doval and China Foreign Minister Wang Yi in Beijing. In a post on X, Ambassador Xu Feihong, "China is ready to work with India to implement the important common understandings between the leaders of China and India, respect each other's core interests and major concerns, str ...Read More >
Mumbai, Dec 18 (PTI) Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session on Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows. Besides, investor sentiment remained subdued ahead of the outcome of the US Federal Reserve's policy meeting, scheduled for Wednesday, traders said. The 30-share BSE benchmark tumbled 502.25 points or 0.62 per cent to settle at 80,182.20, taking its downtrend to the third day. During the day, it tanked 634.38 points or 0.78 per cent to 80,050.07. As many as 2,563 stocks de ...Read More >
Vadodara, Jan 17 (PTI) Karun Nair's exploits in the Vijay Hazare Trophy was on Friday termed "nothing short of extraordinary" by batting legend Sachin Tendulkar, who urged the Vidarbha skipper to "keep going." Nair has been on a roll in India's premier 50-over domestic competition, averaging a mind-boggling 752 in seven innings after amassing 752 runs with five centuries and one fifty. Also Read | 'Every Moment Was Like a Dream': Kartik Aaryan Captures Dream Moment With President Droupadi Murmu and Murlikant Petkar at Rashtrapati Bhavan. "Scoring 752 runs in 7 innings with 5 centuries is no ...Read More >
New Delhi, Jan 31 (PTI) Prime Minister Narendra Modi Friday launched a sharp attack on the Aam Aadmi Party, accusing it of stalling Delhi's development while treating the city as its "political ATM" to fund its ambitions in other states and using the "looted" money for its own publicity. Addressing a public rally in Dwarka here, he urged people to vote for the BJP in the Assembly polls and allow him to serve them. Modi stressed that Delhi does not need a confrontational government but one that works in coordination with the Centre. The prime minister urged voters to elect a "double-engine go ...Read More >
New Delhi: Bharatiya Janata Party (BJP) MP Nishikant Dubey on Friday stoked a new controversy after he called Congress leader Rahul Gandhi hypocrite for questioning Foreign Minister S. Jaishankar over providing information about Operation Sindoor to Pakistan. The Congress clapped back at the BJP leader, stating that he "repeatedly displays his stupidity." Dubey's accusation stems from Rahul Gandhi's criticism of S. Jaishankar, which the BJP MP views as inconsistent with Gandhi's previous statements. Dubey referenced a 1991 Indo-Pak military transparency pact signed during a Congress-backed go ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
Mumbai, Jun 6 (PTI) Benchmark equity indices Sensex and Nifty declined in early trade on Friday ahead of the RBI monetary policy outcome. Moreover, a sluggish trend in global equity markets and fresh foreign fund outflow also drove investors to stay on the sidelines. Also Read | Lucknow Toddler Rape Case: Man Accused of Abduction, Sex Assault of 3-Year-Old Girl Killed in UP During Police Encounter. The 30-share BSE Sensex declined 159.93 points to 81,282.11 in early trade. The 50-share NSE Nifty dropped 27.65 points to 24,723.25. From the Sensex firms, Tata Motors, Bajaj Finance, ICICI Ban ...Read More >
Koraput, Dec 6 (PTI) Thirty-six-year-old Raimati Gheuria, a tribal woman from Odisha's Koraput district who has conserved 72 varieties of traditional rice and 30 types of millet has been conferred with an honorary doctorate by Odisha University of Agriculture and Technology (OUAT) for her remarkable contributions to agriculture. President Droupadi Murmu conferred the honorary doctorate to Raimati at the 40th Convocation of OUAT on Thursday. Raimati of Nuaguda village in Koraput district, affectionately known as 'Mandia Rani' or 'Millet Queen', has been known for her relentless efforts in pre ...Read More >
Mumbai, Dec 13 (PTI) Benchmark indices Sensex and Nifty slumped on Friday morning dragged down by metal stocks, foreign fund outflows and weak global cues. The 30-share BSE benchmark Sensex tumbled 1,207.14 points to 80,082.82 in the late morning trade. The NSE Nifty tanked 367.9 points to 24,180.80. Among the 30-share Sensex blue-chip pack, JSW Steel, Tata Steel, IndusInd Bank, Bajaj Finserv, Axis Bank, Larsen & Toubro, ITC and Mahindra & Mahindra were the biggest laggards. Bharti Airtel and Hindustan Unilever were the gainers. Foreign Institutional Investors (FIIs) offloaded equities wor ...Read More >