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.
Bhubaneswar: Chief Minister Mohan Charan Majhi has assured the people of Odisha not to panic amid the prevailing war situation in West Asia, stating that the state government is fully prepared to handle any eventualities. "I have reviewed the impact of the war situation. Action has been taken on black marketing. We are vigilant as per the Prime Minister's instructions -- don't panic," the Chief Minister said firmly. While presenting the statement on the expenditure sanction bill, CM Majhi assured that adequate stocks of petrol, diesel, cooking gas, and fertilisers are available across the state. He directed officials to remain on high alert and conduct strict monitoring to prevent any artificial shortage. "The government is ready to face any situation that may arise. Those who violate law and order will be punished as per the law," he warned.
IMPHAL, Nov 17: The NPP on Sunday withdrew support from the BJP-led Government in Manipur, even as violence continued to rock the state as offices of the Congress and the saffron party were ransacked in the hill district of Jiribam where an unidentified body was found earlier in the day, officials said. Follow the Daily Excelsior channel on WhatsApp A BJP MLA's ancestral house was vandalised in Imphal Valley while a building owned by Ashab Uddin, the Independent legislator of Jiribam, was ransacked, officials said. The incidents occurred a day after irate mobs set fire to the residences of ...Read More >
Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...Read More >
BJP member Manas Dutta blamed the previous BJD government and held it responsible for not extending their service agreement which ended in April, 2024. As hundreds of women working as support staff under the Mission Shakti department staged a demonstration outside the Assembly over different issues, the opposition BJD on Monday demanded immediate release of their salaries. While the agitating women were shouting slogans at the Mahatma Gandhi Road leading to the Assembly, the issue was raised in ...Read More >
Shimla (Himachal Pradesh) [India], December 11 (ANI): A Bharatiya Janata Party (BJP) delegation, led by senior leaders, met Himachal Pradesh Governor Pratap Shukla recently to submit a comprehensive 106-page memorandum titled "Kachcha Chittha". The document, which alleges rampant corruption and administrative failures in the two years of Congress rule under Chief Minister Sukhvinder Singh Sukhu, aims to hold the state government accountable for what the BJP describes as a period of "unprecedented mismanagement and destruction." Speaking to the media after meeting the Governor, Himachal Prade ...Read More >
New Delhi [India], December 12 (ANI): The National President of Aazad Samaj Party (Kanshi Ram) on Thursday criticised the ruling Mahayuti government in Maharashtra over the violence in Parbhani city, alleging that the unrest was a result of the state government's negligence and an insult to the Constitution. Speaking to ANI, Azad announced plans to launch a protest against the violence. "The negligence of the state government and the way the Constitution of India was insulted have caused this outrage. On the instructions of the government, the police lathi-charged supporters of Baba Saheb Am ...Read More >
Bhubaneswar, Dec 18 (PTI) Ahead of BJD's 28th foundation day on December 26, its chief Naveen Patnaik on Wednesday urged members to remain dedicated to serving the people of Odisha, while the party announced a mass demonstration in Bhubaneswar on January 6 to highlight the price rise of essential commodities and other issues. Patnaik asked party supporters to "raise voice against the BJP government's 'anti-people' policies" and also highlight the impact of high inflation, which hits the poor and middle class. "The party leaders and workers need to create awareness among people on the state B ...Read More >
Hit by economic slowdown and poor infrastructure, industrialists from Jharkhand's key industrial districts -- East Singhbhum, West Singhbhum, and Seraikela-Kharsawan -- are looking to the newly formed state government for revival and support. The industrial zones of Adityapur, Gamharia, Kandra, and Chandil have been grappling with inadequate infrastructure, including poorly maintained roads, lack of bridges, erratic water supply, and unreliable power. Entrepreneurs in these regions hope the new administration will address these issues and work toward improving the state's industrial ecosystem ...Read More >
Gurdaspur (Punjab) [India], December 4 (ANI): Jasmeet Kaur, wife of Narain Singh Chaura, who attempted to assassinate Sukhbir Singh Badal, condemned her husband's actions on Wednesday. She stated that her husband had informed her he was attending a "death anniversary programme" in Amritsar. "I didn't know what had happened until reporters came knocking at my door. Earlier, he had been lodged in jails in Amritsar, Ludhiana, and Gurdaspur," Kaur told reporters. "I don't think what he did was right," Kaur added. Narain Singh Chaura opened fire at Shiromani Akali Dal (SAD) leader Sukhbir Singh ...Read More >
Bhubaneswar: In a new twist to the prevailing potato crisis in Odisha, Food and Civil Supplies Minister Krushna Chandra Patra on Thursday blamed the West Bengal Chief Minister Mamata Banerjee for "playing dirty politics over the tuber" to defame the BJP government in the state. Speaking to the media today, Patra alleged that an artificial scarcity of potatoes has been created to defame the state government. Stating that he was clueless about the politics by West Bengal Chief Minister, he said, "I fail to understand why Mamata Banerjee first stopped the supply of potatoes to Odisha and later a ...Read More >
Assam Beef Ban: A political row has erupted over the Assam government's decision to ban the public consumption of beef in the state with the Opposition labelling it "against the right to freedom" while the ruling BJP lauding the state Cabinet's call. Assam Chief Minister Himanta Biswa Sarma had announced on Wednesday that his government has decided to ban the consumption of beef in restaurants, hotels and public places, drawing sharp reactions from the Opposition. Samajwadi Party MP Iqra Hasan ...Read More >
Bhubaneswar: The Odisha Assembly on Tuesday witnessed a noisy scene as Opposition BJD and Congress members held protests inside the House over alleged non-payment of salaries to around 60,000 women supporting staffers under the 'Mission Shakti' scheme. Leader of Opposition Naveen Patnaik accused the BJP government of "conspiring to stop" salaries of the 'Mission Shakti' staff. As soon as the Question Hour began, the BJD and Congress members trooped to the well of the House and demanded immediate release of salaries of around 60,000 women supporting staff working under the 'Mission Shakti' sch ...Read More >
Raipur: Chhattisgarh chief minister Vishnu Deo Sai on Tuesday, January 14, announced an aid of Rs 10 lakh to the kin of journalist Mukesh Chandrakar, who was murdered in Bijapur district earlier this month. Talking to reporters at the helipad in police lines, Sai said a building will be constructed for scribes and named after the slain journalist. Sai said, "The deceased journalist's family will be given Rs 10 lakh assistance. A building will be constructed for journalists, and it will be named after him." 33-year-old freelance journalist Mukesh Chandrakar went missing on January 1. His body ...Read More >
Listening to the sounds of nature such as birdsong reduces stress levels - but the sound of traffic increases them, new research shows. The research lends support for anyone who is a firm believer in the curative powers of a walk in the countryside or through a forest. In a study, 68 volunteers listened to three three-minute soundscapes: a nature soundscape recorded at sunrise in West Sussex, the same soundscape combined with 20 mile per hour road traffic sounds, and the same soundscape with 40 mile per hour traffic sounds. General mood and anxiety were assessed before and after the soundsc ...Read More >
New Delhi: The BS3 petrol and BS4 diesel vehicle ban has been lifted in Delhi after the Air Quality Index (AQI) improved to the moderate category. The Supreme Court allowed the Commission for Air Quality Management (CAQM) to ease restrictions due to the improvement in the national capital's air pollution situation. Delhi had been facing high pollution levels, which led CAQM to enforce Stage 4 of the Graded Response Action Plan (GRAP). The court has now asked the commission to apply GRAP Stage 2. ...Read More >
Bhawanipatna: Odisha on Tuesday remembered freedom fighter and tribal icon Rando Majhi on his 169th martyrdom day. Rando headed a movement against the British from 1853 till he was shot dead by the police two years later. Taking to X, Chief Minister Mohan Charan Majhi said: "A humble tribute to the great freedom fighter, tribal leader Rando Majhi, on his Sacrifice Day. His dedication and sacrifice for the protection of motherland will always be remembered." Rando, along with his 19 associates, was gunned down by British police while taking rest at Urladani in Kalahandi district on December 10, ...Read More >
Bhubaneswar: Famous producer Ektaa Kapoor has met Chief Minister Mohan Majhi in Odisha Assembly on Tuesday and thanked him for declaring 'The Sabarmati Report' tax-free in Odisha. She had urged Chief Minister Majhi and the Council of Ministers to watch the film. On November 28 Odisha government declared to remove the entertainment tax from 'The Sabarmati Report', informed Minister of Parliamentary Affairs Mukesh Mahaling. The movie is produced by her. Taking to his X handle, Chief Minister Mohan Charan Majhi said, "People's government has decided to make the film 'Sabarmati Report' based on ...Read More >
Agartala (Tripura) [India], December 12 (ANI): Tripura Chief Minister Manik Saha inaugurated the opening ceremony of the 68th National School Games for Judo (Under-17 Girls) at NSRCC, Netaji Chowmuhani in Agartala. The competition, which will take place from December 12 to 15, will feature talent at the national level and will feature 31 teams, comprising representatives from 27 states and four organisations. Approximately 350 players, coaches, and managers are attending. Tripura's athletes have consistently excelled, earning medals in previous editions of the National School Games and Khelo ...Read More >
New Delhi [India], December 12 (ANI): The Index of Industrial Production (IIP) growth rate for October 2024 registered a modest increase to 3.5 per cent, up from 3.1 per cent in September 2024, according to the Quick Estimates released on December 12. According to the Ministry of Statistics & Programme Implementation, sectoral analysis reveals mixed performances. Mining, Manufacturing, and Electricity sectors reported growth rates of 0.9 per cent, 4.1 per cent, and 2.0 per cent, respectively. The manufacturing sector demonstrated resilience, with 18 out of 23 industry groups at the 2-digit N ...Read More >
Also Read - Bengaluru likely to see heavy rainfall and thunderstorms from December 8, predicts IMD A group of 46 students and six teachers from Morarji Desai Residential School, Mulabagilu in Kolar district visited Murudeshwar on Tuesday as part of their school trip. According to the police, around 5.30 pm, the teachers, along with the students went to the beach. Despite warnings from lifeguards, seven students ventured into the sea. The sea was rough, and three girls were swept away by the cu ...Read More >
Hyderabad: The government received 8 million applications for Indiramma houses and the acceptance of these applications should be completed by December 31, said the revenue and housing minister Ponguleti Srinivasa Reddy. On Wednesday, December 12 the minister held a video conference at the secretariat with Telangana chief minister's advisor Vem Narender Reddy and chief secretary Shanti Kumari. They discussed the examination of Indiramma house applications, the conduct of Group-II examinations, a social survey, and other related issues. Instructing officials to involve members of the Indiramm ...Read More >
Chandigarh: Haryana Chief Minister Nayab Singh Saini, while addressing representatives of the Brahmin community from across the state at his residence, Sant Kabir Kutir, said that the state government would celebrate the birth anniversary ofLord Parshuram in a grand manner at the government level. In addition, in response to the demand from Brahmin community representatives for the formation of a Brahmin Welfare Board, the Chief Minister assured that prominent members of the society would be inv ...Read More >
Hyderabad: Bharat Rashtra Samithi (BRS) working president KT Rama Rao (KTR) met the injured ASHA workers at a hospital in Hyderabad on Tuesday. December 10. ASHA workers were injured after they were manhandled by police officials during a protest at the Telangana Directorate of Medical Education (DME) demanding a salary hike of Rs 18,000 on Monday. The two injured women were identified as Raheembi and Santhoshini. After enquiring about the women's well-being, the BRS MLA condemned the police action against the ASHA workers. He extended solidarity with their fight offered all possible support ...Read More >
Bhopal: The Gita recitation programme by the Madhya Pradesh government has found a place in the Guinness World Records. "More than 7,200 'acharyas' and 'vatuks' collectively recited the third chapter 'Karma Yoga' on Wednesday, making a record," a statement issued by the government said. The event was parallely organised at Bhopal's Lal Parade Ground and Ujjain to mark the sacred occasion of Gita Jayanti. Chief Minister Mohan Yadav said that the collective recitation of the Gita by thousands of Acharyas in Bhopal and Ujjain has been registered in the 'Guinness Book of World Records'. He con ...Read More >
Kochi: The High Court has directed the Kerala state government to convince the central government that the state deserves more assistance for the Wayanad landslide disaster. The division bench also expressed its readiness to mediate between the central and state governments in this regard. According to the latest figures, the state disaster relief fund holds around Rs 700 crore, but only Rs 61 crore is available for expenditure, as reported by the amicus curiae. Kerala: Court orders inclusion of abetment charges against police officers in Dalit youth suicide case The Kerala state government ...Read More >
Defying pollsters, exit polls, and predictions, the BJP scored a hat trick in Haryana, albeit with a narrow lead in the recent Assembly election. It formed a government on its own sans any ally, and Chief Minister Nayab Singh Saini assumed office for a second consecutive term with relative ease. But the euphoria did not last long. In the first Assembly session convened after the new government took over, the opposition, led by the Congress and the electorally diminished Indian National Lok Dal, attacked the government on the issue of fertilizer shortages in the sowing season. The government d ...Read More >
Guwahati, November 27 (IANS): Union Tourism and Culture Minister Gajendra Singh Shekhawat on Wednesday underscored the northeastern region's legacy, cultural diversity, and natural wealth emphasising its rich cuisine, crafts and biodiversity while inaugurating the 12th edition of the four-day long International Tourism Mart (ITM) in Assam's Kaziranga. Speaking on the occasion, the Union Minister said that the ITM is a remarkable opportunity for the northeast India to showcase its rich culture and diversity to the world, adding that the event also offers a platform for people from across the g ...Read More >
Dehradun: A person, who completes his age of 59 years and 6 months, can now apply for an old age pension on the social welfare department's pension portal. The applicants will start receiving pension from the end of the month in which he completes the age of 60 years following the approval of his application form. This is meant to ensure that the elderly people can get the benefits of old age pension on time. The department launched a campaign to identify the eligible person for the pension According to Secretary, Social Welfare Department, Neeraj Khairwal, his department launched a month-l ...Read More >
Bhopal: Chief Minister Dr. Mohan Yadav has said that the state government is continuously working with commitment to realize the dream of Prime Minister Shri Narendra Modi of developed India @2047. On completion of one year of the state government, two programmes are being launched from 11 December on the auspicious occasion of Gita Jayanti. "Jan Kalyan Parv" will run from 11 December to 26 December 2024 and "Mukhya Mantri Jan Kalyan Abhiyan" will run from 11 December 2024 to 26 January 2025. Chief Minister Dr. Yadav said that in the Jan Kalyan Parv being organised from 11 December to 26 Decem ...Read More >
Belagavi, Dec 12 (UNI) The Karnataka BJP on Thursday accused the Congress state government of secretly relocating protesters injured during a lathi charge to prevent opposition leaders from meeting them. Speaking to reporters here, Leader of the Opposition R Ashoka said BJP leaders had planned to visit the injured protesters in hospital. However, the victims were moved to an undisclosed location. "This government is acting like Hitler by not allowing us to meet the injured. We don't even know where they have been taken," he said. The lathi charge occurred during a protest by the Panchamasal ...Read More >
Bhubaneswar: The dark dingy room of the jail in the city haunts Bhubanananda Tripathi even after 49 years and some months. The rattling noise of locks and bars, the unhygienic environs, the food that was bereft of taste and the scary nights came alive as Tripathi gets the news that the government of Odisha declares provision of pension to all those who had spent countless sleepless nights in prison during the Emergency in 1975. Tripathy is one of the 1200 brave souls from Odisha who were among 1.1 lakh arrested during Emergency and endured torture, humiliation and their crime was - demanding ...Read More >