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: Nearly 40 lakh rare and precious manuscripts in various languages from across states have been reported on Gyan Bharatam portal launched last year in September to digitize, preserve, and make accessible the country's vast collection of ancient historical records. Contributed by state archives, universities, trusts and private collectors, these manuscripts range from fragile to well-preserved state and are now being systematically digitised and safeguarded. To expand the initiative, the ministry of culture recently launched a three-month nationwide survey aimed at identifying, documenting and conserving manuscript heritage across the country. The exercise seeks to bring previously unrecorded collections into the fold while strengthening ongoing digitisation efforts. The ministry on Tuesday reteriated its appeal urging individuals and institutions possessing manuscripts of cultural or historical importance to come forward and share details. According to officials, more than 600 custodians of manuscripts have submitted their collection inscribed on various materials including copper plate, palm leaf, paper, and textile. Majority of them have come from Rajasthan and Uttar Pradesh. There is no contribution from Tamil Nadu, Nagaland and Dadra Nagar and Haveli so far. Abhay Jainn Garnthalaya (Bikaner), Shree Sanjay Sharma Museum and Research Institute (SSSMRI) from Jaipur, Shree Mathuradheesh Mandir (Kota), Sampurnanand Sanskrit University in Varanasi, Visva-bharati (Central University in Kolkata), Telangana State Archives and Research Institute (Hyderabad) and Shri Mahavir Jain Aradhana Kendra (Gandhinagar) are among significant contributors. Abhay Jainn Granthalaya has handed over two lakh manuscripts while others have submitted one lakh documents.
Kochi: The Andhra Pradesh government's invitation to Kerala-based textile major Kitex Garments Ltd. to invest in the state has triggered a war of words between Kerala Industries Minister P Rajeev and the company's head, Sabu M Jacob. Sabu reiterated that he decided to call off his company's proposed investments to the tune of ₹3,500 crore from Kerala and shifted it to Telangana as he was fed up with the harassment from the Left government, prompting a sharp response from Rajeev. Projecting the state's advancements in the business sector, the minister said those who still claim that Kerala is ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
Navi Mumbai: The father of a three-day-old girl who was found abandoned in a blue basket outside Navi Mumbai's Panvel wad traced and detained on Sunday, the police said. According to them, the infant's parents were not financially stable enough to raise her. Due to this, the couple decided to give up the baby to an orphanage that could look after her, reported PTI. However, the Navi Mumbai police's crime branch traced the infant's father, Aman Iqbal Kondkar, a resident of Thane's Bhiwandi, within 24 hours, an official said. ...Read More >
NEW DELHI: The Indian Medical Association (IMA), Haryana, to suspend Ayushman Bharat scheme services across the state from February 3, citing pending government reimbursements amounting to Rs 400 crore. "We have been again approached by all empanelled hospitals of Haryana to act on their behalf and inform you that if following demands are not met soon, they will be forced to suspend Ayushman services from 3rd February 2025," a statement released by the association read. Approximately 1,300 hospitals in Haryana, including 600 private facilities, are empaneled under the Ayushman Bharat scheme. ...Read More >
New Delhi: Ahead of the wedding of Jeet Adani, the younger son of billionaire industrialist Gautam Adani, the Adani family has announced 'Mangal Seva', a program to support newly married women with disabilities. To begin with, every year, 500 such women will be provided financial assistance of Rs 10 lakh each. At his home, just two days before his own wedding, Jeet Adani met 21 newly married divyang women and their husbands to launch this initiative. Jeet is set to tie the knot with Diva Shah on 7 February 2025 in Ahmedabad, Gujarat. In line with his social philosophy सेवा साधना है, सेवा प्र ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...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 >
NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >
Pune: Pashan resident Kushagra Agarwal rushed to the jewellers last week as soon as gold prices reduced slightly, to Rs 95,784 per 10g, as he had to buy gold for his son's wedding. With a Rs 3,000 to Rs 4,000 per 10 g reduction in the price of gold, jewellers expect many other residents in the city to walk into stores in the coming days. The gold industry has been struggling to find buyers over the last six months as prices have been consistently rising. The price of gold, which was hovering around the Rs 1 lakh mark last month for 10g, is now trading at Rs 96,800/10g grams, excluding GST. Aga ...Read More >
As per Moneycontrol's calculations, a 7 per cent growth in the remaining two quarters will put India's GDP at 6.5 per cent. The Indian economy would find it challenging to achieve over 7 per cent growth for the fourth consecutive year, economists said. They pointed out that the second-quarter (Q2) Gross Domestic Product (GDP) data, which was announced on November 29, has made the task even more daunting for the government. "A sharper than expected growth slowdown in Q2 has tilted risks to our outlook of 6.8 per cent for the current fiscal downwards," said DK Joshi, chief economist, Crisil. ...Read More >
NEW DELHI: Population data returned by the upcoming 'Census 2027', due to begin on April 1, 2026, will pave the way for a countrywide delimitation of Lok Sabha and assembly constituencies, as the March 1, 2027 reference date makes it "the first Census to be held after 2026".However, the chances of delimitation being completed in time for the 2029 general election appear bleak, given that the final population data may take time to be published. The final population data for Census 2011 was published almost two years after release of the provisional data in March-end 2011. Even with a 'digital' ...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: Former Delhi minister Satyendar Jain on Friday appeared before the Anti-Corruption Branch (ACB) for questioning in connection with an alleged corruption case concerning the construction of classrooms in government schools. Jain had been summoned by the ACB to appear for questioning. Before heading to the ACB office, he maintained that the previous AAP government had prioritised education in the city, unlike the present BJP-led administration. "The previous AAP government in the national capital worked towards improving the city's education, while the current BJP government is only ...Read More >
Vijayawada: Chief Minister Nara Chandrababu Naidu on Friday unveiled an ambitious vision to position Andhra Pradesh as a global destination of tourism, emphasising its role as an engine for economic growth, employment generation, and cultural promotion. Addressing industry leaders, policymakers, and stakeholders at a tourism conclave here, the Chief Minister said his goal is to make Andhra Pradesh a wealthy, healthy, and happy state. "Andhra Pradesh will be the future destination for wellness and happiness. My goal is a wealthy, healthy, happy Andhra Pradesh - that is the goal I have set," h ...Read More >
New Delhi: Lawyers from the district courts decided on Saturday to roll back their decision to abstain from work in protest against the shifting of the judges of the 34 digital Negotiable Instruments Act courts to the Rouse Avenue courts.A statement released by the All District Courts Bar Association of Delhi on Saturday said that the lawyers' coordination committee met the chief justice of Delhi High Court and was assured that all digital courts would function strictly as digital platforms only. The remaining proceedings and judicial work only would be conducted in the regular local courts, t ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
VIJAYAWADA: The State government on Friday accorded approvals to a slew of industries. Among those are Krishnapatnam Power Corporation Limited (KPCL), which is set to establish a 350 MW Solar and Battery Energy Storage System (BESS) in Thamminapatnam and Mommidi villages of SPSR Nellore district with a Rs 1,225 crore investment, creating 575 jobs. Furthermore, the government also waived off a Rs 54 crore extension of time fee, contingent on project completion within two years as per the Andhra Pradesh Integrated Clean Energy Policy-2024. The government also allocated 22.80 acres at MPSEZ in N ...Read More >
New Delhi [India], June 28 (ANI): Prime Minister Narendra Modi attended the centenary celebrations of the revered Jain spiritual leader Acharya Shri 108 Vidyanand Ji Maharaj at Vigyan Bhawan in the national capital on Saturday. The celebrations mark the formal commencement of a year-long national tribute to the spiritual leader, being organised by the Union Culture Ministry in collaboration with the Bhagwan Mahaveer Ahimsa Bharti Trust, Delhi. Union Minister of Culture and Tourism Gajendra Singh Shekhawat and Rashtrasant Paramparacharya Shri 108 Pragyasagar Ji Muniraj also graced the occasio ...Read More >
Digha: A day after Rath Yatra, the festive fervour continues in Digha as the seaside town is now gearing up to host Ulta Rath or the return journey of the deities from the 'Masir Bari' or the old Jagannath temple. On July 5 -- the Ulta Rath day -- hotels are hoping for fresh tourist influx. Though the deities are currently in Masir Bari, a large queue of devotees visited the newly-constructed Jagannath temple on Saturday. They offered prayers to the stone idol permanently installed there. It is the wooden idols of Jagannath, Balaram and Subhadra that have taken the chairot rides. Bipradash Cha ...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 >
New Delhi, June 28 (UNI) Prime Minister Narendra Modi was honoured today with the title of 'Dharma Chakravarti' on centenary celebrations of Jain spiritual leader Vidyanand here. Speaking on receiving the award, PM Modi said, "On this occasion, you honoured me with the title of 'Dharma Chakravarti'. I do not consider myself suitable for this. But it is our culture that whatever we receive from saints, we accept it as 'prasad'. So, I humbly accept this 'prasad' and dedicate it to Maa Bharati'." The event was also attended by Union culture and tourism minister Gajendra Singh Shekhawat and Rash ...Read More >
Bhopal (Madhya Pradesh): Madhya Pradesh has received investment proposals worth over Rs 15,710 crore during an interactive session held in Surat, Gujarat, on Sunday. In response to the strong investor interest, Chief Minister Mohan Yadav announced opening of a new office of Madhya Pradesh Industrial Development Corporation (MPIDC) in Ahmedabad. The proposed investments are expected to create more than 11,250 jobs in the state. CM Yadav said the session is aimed to encourage Gujarat-based industrial houses -- especially from Surat -- to expand into Madhya Pradesh. He emphasised the natural sy ...Read More >
New Delhi: The Supreme Court Monday dismissed a petition filed by former IPL commissioner Lalit Modi, who had sought a direction for the BCCI to indemnify him for a Rs 10.65 crore penalty imposed under the Foreign Exchange Management Act (FEMA). The court declined to entertain the plea, effectively leaving Modi liable for the payment. A Bench of Justices PS Narasimha and R Mahadevan declined to interfere with a decision of the Bombay High Court turning down his writ petition seeking a direction to the BCCI to pay this penalty imposed by the Enforcement Directorate (ED) for purported infractio ...Read More >
SC bench of Justices Vikram Nath and Prasanna B. Varale noted that the permanent alimony amount should be decided in such a manner that it does not penalise the husband but ensures a decent standard of living for the wife. Even as the outrage over the death of Atul Subhash, a Bengaluru-based techie who died by suicide continues, the Supreme Court has issued an 8-point guideline on how the permanent alimony amount should be calculated in divorce cases. The SC bench of Justices Vikram Nath and Pra ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...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 >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >
West Bengal [India], February 5 (ANI): At the 8th edition of the Bengal Global Business Summit 2025, Bhutanese Minister Younten Phuntsho emphasised the importance of the summit as a platform for strengthening the collaboration between India and Bhutan. Addressing the audience, he said, "For Bhutan, this summit is an opportunity to further deepen our (India-Bhutan) collaboration and identify strategic areas where our shared aspirations align. There are several key areas where we can forge even stronger partnership - first is tourism, we invite investors to explore opportunities in wellness tou ...Read More >
Bengaluru, 26th May 2025: The Ministry of Skill Development and Entrepreneurship (MSDE) will convene the 38th Meeting of the Central Apprenticeship Council (CAC) on 26th May 2025 at Vigyan Bhawan, New Delhi. The Council, reconstituted in October 2024 under the chairmanship of Shri Jayant Chaudhary, Hon'ble Minister of State (Independent Charge), MSDE, plays a pivotal role in advising the Government on key policies related to apprenticeship training across the country. The last CAC meeting was held in June 2021. Since then, India's apprenticeship landscape has evolved considerably -- with over ...Read More >
New Delhi [India] June 6 (ANI): AAP leader and former Delhi Minister Satyendar Jain arrived at the Anti-Corruption Bureau (ACB) office on Friday in response to a summons issued over allegations of corruption in the construction of classrooms in Delhi government schools. Earlier, Jain lashed out at the BJP government in Delhi, accusing them of 'playing the blame game' after the Anti-Corruption Bureau (ACB) summoned him. Jain claimed that the BJP government has failed to do anything in the past 3-4 months and alleged that the BJP has hiked school fees and summoned AAP leaders like himself and ...Read More >