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: Surfing Federation of India on Tuesday announced India's 2026 surfing season opener, Little Andaman Pro 2026 - National Surf & SUP Championship, scheduled from April 9-12. The Little Andaman Pro 2026 will debut in a highly anticipated season of Indian surfing just ahead of India's first-ever campaign at the Asian Games 2026 in Japan later this year. The four-day surfing extravaganza will see India's top surfers and stand-up paddlers vying for the top honours at the stunning Butler Bay Beach in the Andaman Islands. Presented by Andaman and Nicobar Tourism and organised by Surfing Federation of India, the event will bring together top surfers from across the country to compete in the Senior Division across Surfing and Stand-Up Paddle (SUP) disciplines, with registrations already underway for the event. TT group has come onboard as the official sponsor for the Surfing Federation of India. The country secured its first-ever Asian Games quota at the 2024 Asian Surfing Championships and built on that momentum at the 2025 edition in Mahabalipuram, ultimately securing the maximum allocation of four slots, two each in the men's and women's categories for the 2026 Asian Games in Aichi-Nagoya, Japan. "This is a landmark moment for Indian surfing. As we stare at India's surfing debut at the Asian Games later this year, starting the national season at a world-class location like Little Andaman speaks loudly about our intent to take the sport deep into our coast-rich country. We are constantly working to give more competition time to our talented athletes across diverse conditions, which is critical for their growth at the international level. Surfing is a community driven sports and as we expand our reach to the Andaman's we want to create opportunities for local communities, nurture young talent, and position India as a serious contender in global surfing", said, Arun Vasu, President of the Surfing Federation of India. Vasu added "The progress of Indian surfers on the international stage has been extremely encouraging. From securing our first Asian Games quotas to winning medals at continental championships, we are seeing the results of sustained grassroots development and structured competition." The Little Andaman Pro 2026 will take place at Butler Bay, widely regarded as one of India's most promising surf locations. Unlike many mainland beach breaks, the reef break at Butler Bay produces long, clean waves that allow surfers to execute more technical maneuvers and extended rides, making it ideal for high-performance competition. For many Indian surfers who typically train on beach breaks, competing in reef conditions presents a valuable opportunity to enhance technical skills and broaden competitive experience. Events like this play a critical role in strengthening the national talent pipeline and preparing athletes for international challenges. Beyond competition, the championship also aims to highlight the Andaman Islands as a future hub for surfing and ocean sports in India. With its clear waters, coral reefs, and consistent swell patterns, Little Andaman is increasingly attracting attention from surfers and adventure tourism stakeholders alike. The initiative is expected to inspire local youth participation while contributing to sustainable development through sport. Over the past few years, Indian surfers have steadily improved their presence on the international stage. The national team registered its first-ever team silver at the Asian Surfing Championships, alongside multiple deep runs including semi-final and quarter-final finishes, highlighting the country's growing competitiveness against established Asian surfing nations. The Surfing Federation of India has also unveiled an expanded 2026 Annual Competition Calendar for Surf and Stand-Up Paddle (SUP), featuring more events across the country than ever before. The national circuit will span multiple stops through the year, beginning with early-season competitions such as the Mumbai SUP Championship in January, followed by key national events from April onwards including stops in Little Andaman, traditional surf hubs like Karnataka and Tamil Nadu, and additional legs scheduled across mid-year and post-monsoon windows, ensuring consistent competitive exposure for athletes. Adding to the excitement, 2026 will also mark the debut of the Longboarding Division in the national competition circuit, creating opportunities for athletes who specialise in classic surfing styles and traditional wave riding techniques.
New Delhi [India], June 6 (ANI): Prime Minister Narendra Modi on Friday reaffirmed India's commitment to fighting terrorism, stating that India stands firm and resolute in its collective fight against this threat in the backdrop of the April 22 Pahalgam terror attack, which claimed the lives of 26 tourists. Prime Minister Narendra Modi expressed optimism about strengthening ties with Central Asia, following the 4th India-Central Asia Dialogue and posted on X, 'Delighted to meet with the Foreign Ministers of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. India deeply che ...Read More >
Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...Read More >
Sarnobat claimed top honours in the women's 25m pistol T4 final, while Ghosh and Kumar topped the women's 10m air rifle and the men's 50m rifle 3 position events, respectively. Indian shooters Rahi Sarnobat, Mehuli Ghosh, and Niraj Kumar all came up trumps in their respective events at the National Shooting Trials at Dehradun on Saturday. Sarnobat claimed top honours in the women's 25m pistol T4 final, while Ghosh and Kumar topped the women's 10m air rifle and the men's 50m rifle 3 position eve ...Read More >
Bengaluru (Karnataka) [India], July 5 (ANI): World Athletics Vice President and former President of the Athletics Federation of India (AFI) Adille Sumariwalla hailed Olympic gold medallist Neeraj Chopra, terming him as the best athlete India has ever produced. Recently, Chopra claimed his second title after standing triumphant in the javelin throw contest at the 64th Ostrava Golden Spike event. The reigning world champion, Neeraj, was the only person to clear an 85m-plus distance, finishing at the top with a throw of 85.29m and registering his 24th straight top-two finish. While speaking to ...Read More >
Chennai, Jul 15 (PTI) Top surfers from the 20 countries in the continent will converge at Mahabalipuram for the Asian Surfing Championships 2025 to be held here from August 3 to 12. The tournament, under the aegis of Asian Surfing Federation (ASF), will see competition in shortboard divisions: Open Men, Open Women, U18 Boys, and U18 Girls. The surfers will also vie for qualification spots for the 2026 Asian Games to be staged in Japan during this event. Udhayanidhi Stalin, Deputy Chief Minister of Tamil Nadu and Minister for Youth Welfare & Sports Development, said: "Hosting the ASF Asian S ...Read More >
Chennai (Tamil Nadu) [India], July 15 (ANI): Tamil Nadu Deputy CM Udayanidhi Stalin on Tuesday announced that the Asian Surfing Championship 2025 will be hosted in Mahabalipuram from August 3 to 12. 'Tamil Nadu will host the Asian Surfing Championship 2025 in Mahabalipuram from August 3rd to 12th. Over the past few years, Tamil Nadu has successfully conducted various International and national sports events, which have established our state as a hub of sports. Chief Minister (MK Stalin) has allotted Rs 3.30 crores for this tournament. In surfing, Tamil Nadu is number one in India. 7 out of 8 ...Read More >
In a groundbreaking conservation effort, a large-scale underwater cleanup at Sindhudurg’s coral reefs removed 300 kg of marine debris, marking a significant step in protecting the fragile ecosystem. Organized by environmental groups, the Maharashtra Forest Department, and local divers, the operation targeted harmful pollutants like fishing nets, plastic, and glass bottles. The cleanup, which took place over two days, aims to restore coral health by removing debris that suffocates corals and disrupts marine life. The initiative, supported by local communities, sets the stage for further efforts ...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 >
Nagpur: The Athletics Federation of India (AFI) established a comprehensive monitoring system to enhance the performance of the Indian track and field team for the 2026 Commonwealth and Asian Games.The 2026 Commonwealth Games are scheduled to take place from July 23 to August 2 in Glasgow, while the Asian Games will be held from September 19 to October 4 in Japan.Eleven months following the decentralisation of national coaching camps after the 2024 Paris Olympic Games held in France from July 26 to August 11, the results were promising at the Gumi Asian Athletics Championships in South Korea, ...Read More >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...Read More >
Puri: Lord Jagannath and His Siblings Lord Balabhadra and Devi Subhadra were adorned with 208 kg gold ornaments during the 'Suna Besha' ritual on chariots Sunday, an integral part of the annual Rath Yatra festival in Puri. The devotees can have 'darshan' of the deities from 6.30 pm to 11 pm, said the Shree Jagannath Temple Administration (SJTA). According to temple sources, the deities adorn around 30 different designs of ornaments which include gold, diamond, silver and other precious metals. "Initially, around 138 designs of ornaments were used during the era of King Kapilendra Deb in 146 ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
New Delhi [India], June 6 (ANI): Prime Minister Narendra Modi on Friday reaffirmed India's commitment to fighting terrorism, stating that India stands firm and resolute in its collective fight against this threat in the backdrop of the April 22 Pahalgam terror attack, which claimed the lives of 26 tourists. Prime Minister Narendra Modi expressed optimism about strengthening ties with Central Asia, following the 4th India-Central Asia Dialogue and posted on X, "Delighted to meet with the Foreign Ministers of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. India deeply che ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to invite this esteemed class of artists, technologists, and professionals to join the Academy," said Ac ...Read More >
New Delhi, Jul 2 (PTI) Olympian shooters Anjum Moudgil and Saurabh Chaudhary are back in reckoning for India team spots along with world championship bronze medallist Mehuli Ghosh, following their encouraging performances in the National Selection Trials 3&4 for rifle and pistol in Dehradun recently. India's leading female rifle shooter and two-time Olympian Anjum had missed out on the first half of the international season comprising three World Cups, but following her fine showing in the 50m rifle 3-positions event she is back among the top-three having replaced Paris Olympian Shriyanka Sad ...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 >
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 >
New Delhi, June 8 (SocialNews.XYZ) The global royalty of Rifle/Pistol sport shooting, is set to descend on one of its most hallowed turfs Munich's Olympic Shooting range for the third International Shooting Sport Federation (ISSF) World Cup (Rifle/Pistol) stage, set for June 10-15. A massive 695 athletes, among them a constellation of Olympic and World champions and legends of the sport from 78 countries, will make feature in Munich World Cup. There are 10 finals on the roster and competitions begin on Tuesday. The season began with a double-header in South America where Indian Rifle and Pis ...Read More >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
Indian Army Chief General Upendra Dwivedi stated that the army has shifted Jammu and Kashmir's focus from "terrorism to tourism" while working towards 'Viksit Bharat 2047.' He emphasized the army's contribution to national security, development, and disaster relief, highlighting its role in achieving a "Progressive" and "Peaceful" India.Chief of Army Staff (COAS), General Upendra Dwivedi said that while moving towards the goal of 'Viksit Bharat 2047,' the army has been able to transform the idea of Jammu and Kashmir from "terrorism to tourism." While addressing an event at Savitribai Phule Pu ...Read More >
VMPL New Delhi [India], December 18: Five months after the launch of the "Go Green with Taiwan" project by Taiwan International Trade Administration (TITA) and Taiwan External Trade Development Council (TAITRA), and after receiving a total of 396 proposals from 45 countries around the world, the most exciting part is finally here. On December 9, 2024, the Top 5 finalists went on an all-expense paid trip to Taiwan where they presented their entries and convinced a distinguished panel of experts and judges from Taiwan that their entries can and will help change the way we live and establish a ...Read More >
Neeraj Chopra's invitational javelin event - NC Classic 2025 - has been rescheduled to be held on July 5 in Bengaluru, organisers JSW Sports confirmed on Tuesday. The NC Classic was postponed from its original May 24 date last month due to the India-Pakistan cross-border conflict last month. Some of the world's top stars are set to line up for the event at the Kanteerava Stadium next month. Former World Champions Anderson Peters and Julius Yego, as well as Rio 2016 champion Thomas Rohler, were a ...Read More >
Bengaluru (Karnataka) [India], June 27 (ANI): Following the Asian Athletics Championship 2025 success at Gumi, South Korea, Olympian Avinash Sable said that he is now preparing himself for the upcoming World Championship, which will take place later this year in September. Sable spoke to ANI at the newly opened Sports Authority of India (SAI) centre in Bengaluru. Speaking to ANI, Sable said, 'It's been 7-8 months since I took a break after the Olympics. I have focused on what I thought would be good in the Olympics. Right now, I am preparing for the World Championships in September. I have p ...Read More >
NEW DELHI -- President Vladimir Putin said Tuesday that the Russian people were "united as never before," as he sought to project confidence in the wake of a short-lived revolt, at a meeting of a rare international organization where he can find a sympathetic audience. The Shanghai Cooperation Organization meeting, hosted via videoconference by India, was Putin's first multilateral summit since an armed rebellion rattled Russia and comes as he is eager to show that the West has failed to isolate Moscow over its 2022 invasion of Ukraine. The Asian security grouping, founded by Russia and Chin ...Read More >
Hyderabad (Telangana) [India], July 4 (ANI): Congress chief Mallikarjun Kharge on Friday came down heavily on the Rashtriya Swayamsewak Sangh (RSS) over its pitch to reconsider the words 'secular and socialist' from the Preamble of the Indian Constitution while saying that it was 'all talk'. He dared and challenged RSS General Secretary Dattatreya Hosabale and top leaders of the ruling Bharatiya Janata Party (BJP) in the centre to remove the words 'secular and socialist' from the Preamble. 'Days before, I heard that some RSS person said that we should remove Secular and Socialist words from ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent muted demand scenario. Select companies from metals, pharmaceuticals, cement, banking and finance and ...Read More >
HONG KONG SAR - Media OutReach Newswire - 2 December 2024 - Long recognised as a land of luxury, Hong Kong has levelled up its luxury hub appeal following the Leaders of Luxury Summit 2024. Organised by Robb Report Hong Kong, the summit brought together luxury industry titans to discuss pivotal topics that "Redefine Luxury Through a Global Lens" at Regent Hong Kong on November 26-28, 2024. According to the latest "2024 Billionaire Census" report from Altrata, the city is currently world's no. 2 with the highest number of billionaires. The city is expected to have 22.4% more ultra-high-net-wor ...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 >
New Delhi [India], June 6 (ANI): Prime Minister Narendra Modi on Friday reaffirmed India's commitment to fighting terrorism, stating that India stands firm and resolute in its collective fight against this threat in the backdrop of the April 22 Pahalgam terror attack, which claimed the lives of 26 tourists. Prime Minister Narendra Modi expressed optimism about strengthening ties with Central Asia, following the 4th India-Central Asia Dialogue and posted on X, 'Delighted to meet with the Foreign Ministers of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. India deeply che ...Read More >