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.
In Dubai, four people -- including two Indian nationals -- suffered minor injuries after missile debris from a successful air defence interception fell on residential houses in the southern part of the city. Four people, including two Indian nationals, were injured after debris from a successful interception fell on residential houses in southern Dubai in UAE on Tuesday. According to a statement released by Government of Dubai Media Office, the incident was handled in accordance with the highest safety standards. "Authorities confirm that the incident caused by debris from an interception that fell on houses in southern Dubai resulted in minor injuries to two Indian nationals, one Bangladeshi national, and one Sri Lankan national. The incident was handled in accordance with the highest safety standards. Please rely on official sources for updates," Government of Dubai Media Office posted on X. Earlier in the day, the office said that authorities were responding to an incident caused by debris from a successful interception fell on residential houses in Southern Dubai. "Authorities confirm that they are responding to an incident caused by debris from a successful interception that fell on residential houses in southern Dubai, resulting in property damage and minor injuries to four Asian nationals," Government of Dubai Media Office wrote on X. The latest incident comes amid the ongoing conflict in West Asia which started on February 28 following the strikes carried out by Israel and the US on Iran, which resulted in the killing of Iran's Supreme Leader Ayatollah Ali Khamenei and top military officials. In response, Iran has launched drone and missile attacks targetting the US and Israeli facilities, regional capitals and allied forces in West Asia. Meanwhile, UAE's Ministry of Defence said that its air defence engaged eight ballistic missiles, four Cruise missiles and 36 Unmanned Aerial Vehicles (UAVs) launched from Iran on Tuesday. UAE's air defences have engaged 433 ballistic missiles, 19 cruise missiles and 1,977 UAVs since the start of Iranian attacks, according to the statement released by UAE's Ministry of Defence on X. "The attacks resulted in the martyrdom of 2 members of the armed forces while performing their national duty, in addition to the martyrdom of a Moroccan civilian contracted by the Armed Forces, as well as 8 fatalities of Pakistani, Nepali, Bangladeshi, Palestinian and Indian nationalities," UAE's Ministry of Defence posted on X. "A total of 188 people were also injured, with injuries ranging from minor to moderate and severe. The injured included nationals of the UAE, Egypt, Sudan, Ethiopia, the Philippines, Pakistan, Iran, India, Bangladesh, Sri Lanka, Azerbaijan, Yemen, Uganda, Eritrea, Lebanon, Afghanistan, Bahrain, Comoros, Türkiye, Iraq, Nepal, Nigeria, Oman, Jordan, Palestine, Ghana, Indonesia, Sweden and Tunisia," it added. UAE's Ministry of Defence expressed its readiness to deal with any threats and vowed to firmly confront anything that aims to undermine the security of the country, in a manner that ensures the protection of its sovereignty, security and stability and safeguards its interests and national capabilities.
New Delhi: There is a lot of activity happening in the Middle East/West Asia right now. Israel is keeping an eye on the ongoing negotiations between Iran and the United States regarding the nuclear deal. Israel has assured the United States that it will not attack Iran's nuclear sites unless the nuclear talks between the U.S. and Iran completely fail. This information has emerged from the U.S. news website 'Axios.' According to reports, citing two Israeli officials, Israel provided this assurance during a meeting that took place last week in Washington, which included Israel's Minister of Str ...Read More >
New Delhi: Despite the attacks by America and Israel, Iran's nuclear programme has not been completely destroyed. This big revelation has been made by Rafael Grossi, the head of the United Nations nuclear monitoring agency IAEA. He says that Iran can resume uranium enrichment in a few months, that is, it is very close to making a nuclear bomb. He claims that Iran's technical and industrial capabilities are still intact. This statement directly challenges the claim of US President Donald Trump, in which he said that America had "completely destroyed" Iran's nuclear bases and "pushed the countr ...Read More >
Mumbai, June 30 (SocialNews.XYZ) The Indian benchmark indices opened flat on Monday amid positive global cues, as buying was seen in the PSU bank and IT sectors in the early trade. At around 9.27 am, Sensex was trading 1.35 points up at 84,057.55 while the Nifty added 6.50 points or 0.03 per cent at 25,644.30. According to analysts, decline in geopolitical tensions in West Asia, the sharp pull back of Brent crude to $67 and reports of positive developments on the trade front with possibilities of trade deals between US-China and US-India augur well for equity markets. "Significant contribut ...Read More >
Patna (Bihar) [India], July 6 (ANI): The ongoing Special Intensive Revision (SIR) campaign of the electoral rolls in Bihar is progressing rapidly and recognizing the efforts of the Polling station officials, the Chief Electoral Officer (CEO) of Bihar has announced a special incentive of Rs 6,000 for each. This additional honorarium is aimed at acknowledging their hard work and commitment during the intensive revision process. Also Read | PM Narendra Modi, Argentine President Javier Milei Agree to Diversify India-Argentina Trade Basket, Vows to Expand Cooperation in Defence, Security and Mine ...Read More >
In a revealing Knesset speech on Monday, Israeli Prime Minister Benjamin Netanyahu confirmed that Israel was behind a series of devastating attacks on Hezbollah in September, revealing that the operation was brought forward after concerns that a secret Israeli intelligence method was about to be uncovered. Netanyahu disclosed that the attack, initially planned for October, was accelerated to prevent the planned operation from being exposed. Also read: Caught on camera: Moment Israel strike on Beirut killed Hezbollah media chief Mohammed Afif (WATCH) The attacks, which included a massive page ...Read More >
xternal Affairs Minister (EAM), S. Jaishankar, on Monday, met with the Foreign Minister of Ukraine and discussed the conflict with Russia at the sidelines of the MED Mediterranean Dialogues Conference in Rome, Italy. Apart from Ukraine, EAM Jaishankar met with his counterparts from France, Lebanon, and Croatia as well. On his meeting with the Ukrainian Foreign Minister Andrii Sybiha, the EAM reiterated India's support for "dialogue and diplomacy" to end the long-running conflict. "Good to meet FM of Ukraine @andrii_sybihain Rome today. Useful exchange on advancing our bilateral cooperation. ...Read More >
Chennai (Tamil Nadu) [India], July 4: India's mining and construction equipment sector is poised for significant growth, projected to expand from $16 billion to $45 billion by 2030*. To support this surge, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, today launched the all-new BharatBenz Construction and Mining range comprising of their HX and Torqshift series models. This heavy-duty truck series directly addresses the critical need for reliable, high-performance vehicles as large contractors increasingly invest in owned assets and modernize their ag ...Read More >
A Russian strike on a nine-story building in the city of Sumy in northern Ukraine killed eight people and wounded dozens, an official said Sunday (November 17, 2024), as Russia launched a massive drone and missile attack described by officials as the largest in recent months. "Among the eight killed in Sumy, 40 kilometers (24 miles) from the border with Russia, were two children," said Ukraine's Minister of Internal Affairs Ihor Klymenko. More than 400 people were evacuated from the building. Ukraine's Zelenskyy urges allies to take steps before North Korean troops reach the front The rescu ...Read More >
New Delhi, Jun 29: Ukraine has confirmed the loss of an F-16 fighter jet and its pilot during efforts to repel a large-scale Russian air assault, amid continued heavy fighting in the fourth year of war reports Al Jazeera and International media. The country's air force said the aircraft was engaged in defending against a barrage of missiles and drones when it was damaged and lost altitude. Ukrainian air defences reportedly shot down seven targets before the fighter crashed overnight. The pilot, identified as a first-class officer, was killed in the incident. The loss comes as Ukraine faces o ...Read More >
Trinamool Congress MP Mahua Moitra criticized Prime Minister Narendra Modi during his international tour, questioning the effectiveness of India's diplomatic efforts in isolating Pakistan globally. Moitra commented on Modi's extensive traveling and expressed concerns about Pakistan's support from international organizations. As Prime Minister Narendra Modi embarked on a multi-nation tour, he faced critical remarks from Trinamool Congress MP Mahua Moitra, who questioned why India's diplomatic act ...Read More >
WASHINGTON (Reuters) -The Quad grouping of the United States, India, Japan and Australia called on Tuesday for the perpetrators of an Islamist militant attack that killed 26 in India-administered Kashmir to be brought to justice without delay. The April 22 attack sparked heavy fighting between nuclear-armed India and Pakistan in the latest escalation of a decades-old rivalry as India blamed it on Pakistan, which denied responsibility while calling for a neutral investigation. The U.S. State Dep ...Read More >
12 Guwahati: The banned insurgent group, United Liberation Front of Asom-Independent (Ulfa-I), claimed that three of its cadres were killed in a targeted drone attack in at least three waves on its mobile camps in Myanmar's Sagaing region near the India-Myanmar border by the Indian Army early Sunday morning. The Ulfa-I said between 2am and 4am, over 150 drones of Indian Army, manufactured in Israel and France, struck several mobile camps of Ulfa-I, and Revolutionary People's Front (RPF), the political wing of the People's Liberation Army (PLA) of Manipur along the India-Myanmar international b ...Read More >
Bengaluru, Jun 7 (PTI) A 26-year-old man allegedly beheaded his wife following a heated argument on the outskirts of Bengaluru after he suspected her of having an extra-marital affair, police said on Saturday. After killing Manasa, Shankar travelled with her severed head on his scooter to the nearest police station and confessed to the crime, they said. The man was later arrested, police said, adding that the incident occurred at Heelalige village, near Chandapura, Anekal taluk late on Friday. According to the police, the couple were married for over five years and have a four-year-old daug ...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 >
New Delhi, June 27 (SocialNews.XYZ) Defence Minister Rajnath Singh has briefed his Belarusian, Tajik, Kazakh and Chinese counterparts on the Pahalgam terror attack and Operation Sindoor. He met them on the sidelines of the Shanghai Cooperation Organisation (SCO) Defence Ministers' meeting in Qingdao, China, on Thursday. The Ministers agreed to continue cooperation to enhance capacity building, training, military technical cooperation, and military education, amongst other areas of common interest. According to a Ministry of Defence (MoD) press release issued on Friday, Rajnath Singh briefed ...Read More >
NEW DELHI: India pushed for a permanent solution of border demarcation with China and underlined the need to solve complex issues through a structured roadmap of engagement and de-escalation, during talks between defence minister Rajnath Singh and his Chinese counterpart Admiral Dong Jun on Thursday. Singh "stressed on border management and to have a permanent solution of border demarcation by rejuvenating the established mechanism on the issue," the defence ministry said on Friday, a day after two ministers held talks at Qingdao in China on the sidelines of the Shanghai Cooperation Organisat ...Read More >
New Delhi, Jun 28: The Indian Army contingent participating in Exercise SHAKTI-VIII in southern France has demonstrated high levels of tactical proficiency and joint coordination alongside their French counterparts, as the bilateral military drill continues to deepen Indo-French defence cooperation. The ongoing exercise, being held at Camp Larzac in La Cavalerie, features 90 personnel from the Indian Army's Jammu and Kashmir Rifles battalion working closely with the French Army's 13 Demi-Brigade de Légion Étrangère. It focuses on mission-oriented training specific to sub-conventional warfare i ...Read More >
Mumbai: The Indian benchmark indices opened higher on Tuesday amid positive global cues, as buying was seen in the auto and IT sectors in the early trade. At around 9.26 am, Sensex was trading 188.66 points or 0.23 per cent up at 83,795.12 while the Nifty added 54.80 points or 0.21 per cent at 25,571.85 According to analysts, with the US market setting new record highs, the global equity market mood is positive and West Asian geopolitics is no longer a threat to global economy. "Going forward, the market is likely to be influenced by developments on the tariff front. An India-US trade deal w ...Read More >
New Delhi [India], July 10 (ANI): Morocco's Ambassador to India, Mohamed Maliki, underscored the expanding scope of India-Morocco relations during a wide-ranging interaction in the national capital. Highlighting deepening cooperation in trade, defence, investment, counter-terrorism, and beyond, he outlined key areas of collaboration and ambitious plans for the future. Also Read | Ukraine-Russia War: Moscow Blasts Kyiv With Another Missile, Drone Barrage, Killing at Least 2. "I think the sky is not even the limit for us... because we believe in making India, we believe in the capabilities of ...Read More >
(Bloomberg) -- Indian bonds are poised to gain while the rupee is set to weaken as analysts bet on a softer monetary policy after the government named career bureaucrat Sanjay Malhotra as the new Reserve Bank of India governor. Most Read from Bloomberg Malhotra, a surprise pick, will take charge from Shaktikanta Das under whom the RBI kept borrowing costs unchanged for almost two years. While Malhotra's views on monetary policy are largely unknown, he recently urged revenue officials to prioritize economic growth, and the markets may read his appointment as dovish. The central bank is expec ...Read More >
New Delhi [India], June 29 (ANI): The world paused on June 13 when Israel targeted major military and nuclear facilities, and crucial personalities in Iran as it launched a series of attacks to disempower the West Asian country. Also Read | Hakham Muhammad Issa Al-Issa Dead: IDF Eliminates Hamas Mastermind Behind October 2023 Attack in Israel. The involvement of the Houthis of Yemen and the US in this high-tension conflict stopped short of a nuclear apocalypse--but this was not entirely unexpected. Some saw this coming. Supporting Israel, the US went ahead and struck three key nuclear sites ...Read More >
Mumbai, Jul 1 (PTI) Equity benchmark indices Sensex and Nifty rebounded in early trade on Tuesday after falling in the previous trading session, amid a rally in global markets. Moreover, buying in blue-chip stocks -- Reliance Industries and HDFC Bank -- also added to the markets optimism during the initial trade. The 30-share BSE Sensex climbed 177.79 points to 83,784.25 in early trade. The 50-share NSE Nifty went up by 51.2 points to 25,568.25. From the Sensex firms, Asian Paints, Bharat Electronics, UltraTech Cement, Reliance Industries, HDFC Bank and HCL Tech were among the gainers. How ...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 >
Guwahati, July 13, 2025 -- The banned militant outfit United Liberation Front of Assam-Independent (Ulfa-I), led by fugitive leader Paresh Baruah, on Sunday accused the Indian Army of launching a missile strike on its camp in Myanmar, killing two of its top commanders and injuring several others. The Indian Army, however, has denied having any information on such an operation. In a statement issued to a local publication, Ulfa-I alleged that the strike occurred during the funeral of one of its senior-most leaders, self-styled Lt Gen Nayan Asom, who the group claims was killed in an earlier dr ...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, Jun 27 (PTI) India has so far evacuated more than 4,400 Indian nationals from Iran and Israel in 19 special flights under Operation Sindhu launched on June 18 to bring home its citizens amid an ongoing conflict between the two countries, according to the Ministry of External Affairs (MEA). The evacuated Indian nationals included "more than 1,500 women and 500 children", the MEA said in a statement on Friday. Also Read | PM Narendra Modi To Begin 5-Nation Tour on July 2 To Strengthen Global Partnerships. "The government of India is deeply committed to the safety and well-being of ...Read More >
New Delhi: India's manufacturing sector activity rose to a 14-month high in June on the back of expansions in output, new orders, and job creation, a private survey showed on Monday. The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 58.4 in June, up from 57.6 in May from 58.2 in April and 58.1 in March. India's manufacturing PMI was 56.3 in February and 57.7 in January. A reading above 50 indicates expansion. To be sure, the headline figure was above its long-run average of 54.1, which suggests a substantial improvement in the sector's health. " ...Read More >
ISLAMABAD: Indian Deputy Chief of Army Staff Lt Gen Rahul R Singh Friday claimed China used the four-day Pakistan-India conflict in May like a "live lab" to test various weapon systems and was providing all possible support to Islamabad in line with its ancient military strategy of killing the adversary with a "borrowed knife". The senior Indian military officer claimed while Pakistan was the "front face", with China extending all possible support to its all-weather ally, Turkiye was also playing a major role by supplying military hardware to Islamabad, adding that India was actually dealing w ...Read More >
NEW DELHI: The Uttar Pradesh administration has strengthened security arrangements across several districts including Lucknow, Sambhal, and Moradabad to ensure peace and avoid any disruption, as Muharram processions and the Kanwar Yatra are being held at the same time.Large crowds gathered for Muharram processions across different regions, while preparations for the Kanwar Yatra are also underway. Police personnel have been deployed in all sensitive areas, and surveillance is being carried out using drones and CCTV cameras.In SambhalDistrict Magistrate Dr Rajender Pensiya while speaking to ANI ...Read More >
Guwahati: The East Khasi Hills district administration will enforce a new set of parking regulations from August 1 to improve urban mobility across Shillong in Meghalaya. The initiative, which spans seven key traffic zones including Sadar, Madanrting, Laban, Mawlai, Rynjah, Lumdiengjri, and Laitumkhrah, aims to organize parking in critical stretches of the city. Ready for a challenge? Click here to take our quiz and show off your knowledge! The Urban Affairs Department has introduced standard hourly parking fees, setting the rate at Rs 20 for two-wheelers and Rs 40 for four-wheelers, with z ...Read More >