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: Around 5,72,000 passengers have returned from the West Asia region to India and with the Qatar airspace partially open, around 8-10 non-scheduled commercial flights are expected to operate to the country on Tuesday, the government said. In the UAE, around 85 flights are expected to operate across the day. Limited non-scheduled flights continue based on operational and safety considerations. Flights continue to operate from Oman and Saudi Arabia to India, according to the Ministry of External Affairs (MEA). Kuwait and Bahrain airspaces remain closed. Special non-scheduled commercial flights are operating from Dammam Airport in Saudi Arabia to various destinations in India. "In view of the airspace closure in Iran, travel of Indian nationals is being facilitated through Armenia and Azerbaijan. In view of airspace restrictions in Israel, travel of Indian nationals is being facilitated via Egypt and Jordan," said the ministry. In view of the airspace closure in Iraq, travel of Indian nationals is being facilitated through Jordan and Saudi Arabia, it added. Regular contact is being maintained with the Indian community in the region, with necessary assistance being extended and advisories issued for their safety and well-being. According to the Ministry of Ports, Shipping and Waterways, all Indian seafarers in the region are safe, and no incident involving Indian-flagged vessels was reported in the past 24 hours. According to the government, 18 Indian-flagged vessels with 485 Indian seafarers remain in the western Persian Gulf region and DG Shipping, in coordination with ship owners, RPSL agencies and Indian Missions, is actively monitoring the situation. DG Shipping has facilitated the safe repatriation of over 959 Indian seafarers so far, including 9 in the last 24 hours. Port operations across India remain normal with no congestion, with the state maritime boards of Gujarat, Maharashtra, Goa, Kerala, Andhra Pradesh, and Puducherry having confirmed smooth functioning.
Thiruvananthapuram, (Keralam) [India], April 3 (ANI): BJP MP Tejasvi Surya on Friday described BJP National Executive Member K Annamalai as the "most popular leader of the BJP" after the party left him out of the candidates list for the forthcoming Tamil Nadu assembly elections. While campaigning for the BJP ahead of the Keralam assembly polls, the BJP MP said that, owing to Annamalai's popularity, the party has made him responsible for campaigning for all candidates, which Surya said will translate into victory for the party candidates across the state. Also Read | Delhi Shocker: 18-Year-Ol ...Read More >
Thiruvalla (Kerala), Apr 4 (PTI) Prime Minister Narendra Modi on Saturday accused the Congress of making "provocative" statements aimed at straining India's relations with West Asian nations to politically harm him and thereby, gain political mileage. Strongly lashing out at the Congress and its allies, Modi said that they were only concerned with winning the elections. "I want to say this clearly, elections will come and go, but the safety of Indians, especially those from Kerala in the Middle East, is my top priority, and I will ensure it," the PM said at an NDA rally here. Modi said that ...Read More >
New Delhi [India], April 6 (ANI): External Affairs Ministry (EAM) Additional Secretary (Gulf) Aseem R Mahajan on Monday said that India is closely monitoring the evolving situation in the Gulf and West Asia region, stressing that the safety and welfare of Indian nationals remains the top priority. Addressing an inter-ministerial briefing here, Mahajan said, "The Ministry of External Affairs continues to closely monitor the evolving situation in the Gulf and the West Asia region. Ensuring the safety, security and welfare of the large Indian community in the region remains our highest priority. ...Read More >
New Delhi [India], April 6 (ANI): The Union Ports, Shipping and Waterways Ministry on Monday stated that two Indian-flagged vessels carrying over 60,000 metric tonnes of LPG have transited through the Strait of Hormuz in recent days and are expected to reach India this week amid the ongoing conflict in West Asia. Speaking during an inter-ministerial briefing here, Additional Secretary in the Ministry of Ports, Shipping and Waterways, Mukesh Mangal, said the vessels - Green Sadhvi and Green Asha - are scheduled to arrive on April 7 and April 9, respectively, though timelines may change. Also ...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-Israel and Iran is a "severe setback" to Prime Minister Narendra Modi's "highly personalised diplomacy" and asked what happened to "papa ne war rukwa di". The opposition party also asked why Modi, who claims very special friendship with the US, Israel, Iran, and the Gulf countries and who also holds the BRICS plus presidency this year, was not in the picture at all during the ceasefire negotiations. Congress general secretary (comm ...Read More >
New Delhi [India], April 6 (ANI): The Ministry of External Affairs (MEA) on Monday said that India has facilitated the return of 1,777 Indian nationals from Iran amid the ongoing conflict in West Asia, which is currently in its second month. It noted that the facilitation was made possible by support from the authorities of Iran, Armenia and Azerbaijan. Speaking during an inter-ministerial briefing on recent developments in the region, MEA spokesperson Randhir Jaiswal stated that the Indian Embassy in Tehran has been actively coordinating evacuation efforts. "Our embassy in Tehran has so far ...Read More >
New Delhi: Two more Indian-flagged LPG tankers have safely crossed the war-hit Strait of Hormuz and are headed for Indian ports even as 16 other vessels remain stranded in the Persian Gulf, officials said Monday. LPG vessel Green Sanvi carrying 46,650 tonnes of LPG is scheduled to reach Indian port on April 7 while Green Asha with 15,500 tonnes of cargo is scheduled to touch Indian coast on April 9, said Mukesh Mangal, Additional Secretary in Ministry of Ports, Shipping & Waterways at a news briefing. "Indian maritime operations remain safe and uninterrupted amid West Asia crisis. 16 Indian- ...Read More >
New Delhi, March 2 (SocialNews.XYZ) Prime Minister Narendra Modi and his Canadian counterpart Mark Carney discussed ongoing global issues, including the current situation in Iran, the Ministry of External Affairs (MEA) said on Monday. While addressing a special briefing on Carney's visit to India on Monday, Secretary (East) in MEA, P Kumaran, stated that PM Modi, during the meeting, said that India is deeply concerned about the recent developments in Iran and the Gulf region. He mentioned that PM Modi has urged all sides to avoid escalation and follow the path of dialogue and diplomacy to de- ...Read More >
New Delhi [India], April 2 (ANI): The Ministry of External Affairs (MEA) on Thursday said that more than 1,200 Indian nationals have been safely evacuated from Iran amid the ongoing conflict in West Asia. Addressing an inter-ministerial briefing in the national capital, MEA spokesperson Randhir Jaiswal said the evacuation is being carried out through Armenia and Azerbaijan with the Centre closely coordinating efforts on the ground. Also Read | Which US Companies Are Under Threat? Names of American Firms on Iran's 'Hit List'. According to Jaiswal, "Some 1200 Indian nationals have been evacua ...Read More >
New Delhi [India], April 8 (ANI): The Reserve Bank of India's decision to keep the repo rate unchanged in the latest Monetary Policy Committee (MPC) meeting was appropriate, Vivek Iyer, Partner and Leader Financial Services, Grant Thornton Bharat, has said, noting that any change in rates at this stage could have adversely impacted demand and financial stability. Also Read | Assembly Elections 2026: How To Check Name in Voter List and Download Voter Slip Online? Know Everything Ahead of Vidhan Sabha Polls in Assam, Kerala and Puducherry. Speaking to ANI, Iyer said that both a rate hike and a ...Read More >
New Delhi [India], April 5 (ANI): Former Indian Ambassador to the UAE, Sanjay Sudhir, lauded "proactive government measures" as India navigates "disproportionate" LPG hit as the conflict in West Asia enters its second month. Speaking with ANI, he sounded a clarion call regarding India's energy security and described the current geopolitical climate as one of total "uncertainty," warning that the effective closure of the Strait of Hormuz has placed one-sixth of humanity at a critical economic crossroads. "I think if I were to use one word, that's uncertainty. And I think uncertainty prevails ...Read More >
New Delhi, Apr 6: All Indian seafarers in the Persian Gulf region are safe, and no incident involving Indian-flagged vessels has been reported in the past 24 hours, the Ministry of Ports, Shipping and Waterways said on Sunday. According to the Ministry, 17 Indian-flagged vessels with 460 Indian seafarers are currently operating in the western Persian Gulf. The Directorate General of Shipping, in coordination with ship owners, recruitment agencies and Indian missions, is actively monitoring the situation. The Ministry said it continues to keep a close watch on shipping movements, port operat ...Read More >
Congress president Mallikarjun Kharge has written to Rajya Sabha Chairman C P Radhakrishnan, urging an early short-duration discussion on India's energy security amid the Israel-Iran war. He cited the issue's national importance and referred to recent rises in domestic LPG cylinder prices and higher commercial gas rates as immediate concerns. Congress president Mallikarjun Kharge wrote to Rajya Sabha Chairman C P Radhakrishnan on Monday. Mallikarjun Kharge repeated a demand for an immediate shor ...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 >
MUMBAI: Amid a fragile truce in West Asia, Reserve Bank of India Governor Sanjay Malhotra has said the central bank does not expect any immediate disruption to remittance flows due to the Iran war, and indicated that post-war reconstruction demand could, in fact, support inflows. "We are not anticipating a dent to remittances if the crisis is going to be resolved very soon," Malhotra said when asked about the potential impact of the conflict. West Asia, led by the six GCC countries, remains the single largest source of remittances to India, accounting for close to 38% of the total of $135.5 b ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >
New Delhi [India], April 3 (ANI): Vandana Bharti, AVP and Head of Commodity Research at SMC Global Securities, highlighted that the West Asian war is causing a significant disruption in global crude oil supplies, with 10 million barrels of oil missing from the market daily. Speaking with ANI on Thursday, she also shed light on the volatile shift in the global energy market. After a brief period of optimism earlier this week, the outlook for a ceasefire in the West Asian conflict has dimmed, replaced by fears of prolonged supply disruptions and record-high prices. She said that this shortage ...Read More >
NEW DELHI: Diverging from the Congress line, party member and former commerce minister, Anand Sharma, has lauded India's diplomatic handling of the West Asia crisis as "mature and skilful", saying it has helped the country avoid "potential minefields"."We are balancing it correctly. There is no other way. We can't lean. We can't tilt. That is what is called skilful diplomacy, that everybody is okay with you, and we have to keep this continued so the Indian diaspora is safe," Sharma told ANI.His remarks, like those of colleague Shashi Tharoor, conflict with Congress's stand that India supported ...Read More >
PM Modi accused the Congress of creating unnecessary panic and harming India's foreign relations. Prime Minister Narendra Modi on Saturday launched a scathing attack at Congress over its statements on the ongoing West Asia conflict, accusing the party of putting Indian lives at risk, particularly those from Kerala working in the region. Addressing a rally in Keralam, he warned that comments made by opposition leaders could have serious consequences for Indians living in conflict-hit areas. He a ...Read More >
New Delhi [India], April 6 (ANI): The Union Ports, Shipping and Waterways Ministry on Monday stated that two Indian-flagged vessels carrying over 60,000 metric tonnes of LPG have transited through the Strait of Hormuz in recent days and are expected to reach India this week amid the ongoing conflict in West Asia. Speaking during an inter-ministerial briefing here, Additional Secretary in the Ministry of Ports, Shipping and Waterways, Mukesh Mangal, said the vessels - Green Sadhvi and Green Asha - are scheduled to arrive on April 7 and April 9, respectively, though timelines may change. He no ...Read More >
Kochi, Mar 11 (PTI) Prime Minister Narendra Modi on Wednesday attacked Congress and its leader Rahul Gandhi, alleging that he is unaware of the development happening in the country and accused the grand old party of playing politics over the West Asia crisis. At a BJP-led NDA rally here, Modi stated that Kerala's pattern of alternating between LDF and UDF governments must end for the benefit of the state. He urged the people of Kerala to give the BJP-led NDA a chance to serve them for the next five years as it comes with "Modi's guarantees". The PM said that people were ready to move away f ...Read More >
New Delhi, Mar 30 (PTI) The widening conflict in West Asia has driven a sharp 60 per cent surge in feedstock natural gas prices for fertiliser plants which is expected to raise the government's subsidy burden. With the conflict disrupting energy supply lines, supply of natural gas -- a primary feedstock for producing ammonia, which is the building block for nitrogen-based fertilisers -- has been restricted to 80 per cent of the demand. To meet the deficit, fertiliser companies are buying liquef ...Read More >
Srinagar, Mar 30: Prime Minister Narendra Modi used his monthly radio address on Sunday to speak directly to a nation watching an unfamiliar kind of anxiety unfold, not a domestic crisis this time, but a war raging in a neighbourhood that tens of millions of Indian families call home. In a 'Mann Ki Baat' that balanced geopolitical gravity with grassroots celebration, Modi struck a tone that was part statesman, part motivator, warning against panic and political opportunism while spotlighting the quiet revolutions taking shape in India's villages, classrooms, rivers and rooftops. The centrepiec ...Read More >
New Delhi: An Indian LPG tanker carrying roughly half a day's cooking gas supply has successfully crossed the war-hit Strait of Hormuz, while another vessel from Iran has reached the port of Mangalore, signalling continued fuel inflows despite regional disruptions. "LPG vessel Green Sanvi has safely transited the Strait of Hormuz, carrying 46,650 tonnes of LPG cargo with 25 seafarers on board," a government statement giving an update on West Asia developments said Saturday. Also Read: West Asia war: 'Jag Vasant' carrying 47,000 tonnes of LPG reaches Gujarat's Vadinar port Green Sanvi is the ...Read More >
Patna [India], April 5 (ANI): Stating that the source of the global energy disruption is Israel-US war against Iran, Dr Abdul Majid Hakeem Ilahi, representative of Iran's Supreme Leader in India, said on Sunday that the Strait of Hormuz is closed for Tehran's enemies and other countries are "free to pass" through it. In an interview with ANI, Abdul Majid Hakeem Ilahi said some Indian ships have passed through Hormuz and hoped it will continue. Asked about the possibility of the end of the war that began on February 28, Abdul Majid Hakeem Ilahi said it "depends on the countries who initiated ...Read More >
Alappuzha (Keralam) [India], April 5 (ANI): Congress leader KC Venugopal on Sunday criticised Prime Minister Narendra Modi over his remarks accusing the Congress of politicising the impact of the West Asia crisis. He alleged that the government had followed the advice of the United States and claimed that the government's stance in the West Asia crisis had not helped in dealing with the challenges faced by Indians. "That is also a big tamasha... This crisis of Gulf countries and the crisis of Indians residing in the Gulf countries happened due to our foreign policy. The India government didn ...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 >
This effort included students and fishermen. The Indian Embassy in Tehran played a key role. Eight Indians have died in the conflict, with one still missing. The Ministry of External Affairs (MEA) on Monday said that India has facilitated the return of 1,777 Indian nationals from Iran amid the ongoing conflict in West Asia, which is currently in its second month. It noted that the facilitation was made possible by support from the authorities of Iran, Armenia and Azerbaijan. Speaking during an inter-ministerial briefing on recent developments in the region, MEA spokesperson Randhir Jaiswal s ...Read More >
New Delhi, Mar 2 (PTI) Amazon India on Monday announced 'Zero Referral fee' on more than 12.5 crore products, a move, the ecommerce giant said, aims to accelerate growth for lakhs of sellers across the country. Building on last year's fee revision, the company has expanded zero referral fees coverage more than 10-times from 1.2 crore products in 2025 to over 12.5 crore products priced under Rs 1,000 across 1,800-plus categories, the company said in a release. In addition, Amazon has reduced Easy Ship fees by over 20 per cent for products priced below Rs 300. Easy Ship allows sellers to stor ...Read More >
New Delhi, March 2: EaseMyTrip is planning charter flights from Oman to India to help passengers travel safely and smoothly, Founder and Chairman Nishant Pitti announced in a post on X. "If you or someone you know needs assistance, please join the channel and share this message widely," Nishant Pitti wrote on X. This comes after the escalation of conflict involving the US, Israel, and Iran (Operation Epic Fury), the skies over the Middle East have fallen silent. Major hubs--Dubai, Abu Dhabi, and Muscat--have seen hundreds of flight cancellations. Many Indians are reported to be stranded in se ...Read More >