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.
SALEM: The Tamil Nadu Milk Producers Welfare Association has raised concerns over rising production costs, stating that farmers across the state are incurring losses as procurement prices remain significantly lower than the production cost. According to the association, the cost of producing one litre of milk has increased to around Rs 61, but procurement prices offered by Aavin, private dairy firms and small-scale traders are much lower, resulting in sustained losses for farmers. The associati
Guwahati: The Assam Pradesh Congress Committee (APCC) has alleged large-scale irregularities and corruption in the Gorukhuti Agricultural Project. Senior Congress leader Ram Prasad Sharma claimed a clear mismatch between the statements of project chairman Padma Hazarika and Chief Minister Himanta Biswa Sarma, demanding a CBI inquiry into the alleged misuse of public funds. Ready for a challenge? Click here to take our quiz and show off your knowledge! Sharma said the government launched the project on over 77,000 bighas of land after evicting Indian citizens and spent nearly Rs 25 crore on ...Read More >
GURGAON: The investigation into the murder of a 25-year-old former international tennis player, allegedly by her father, has revealed a sudden deterioration in their relationship. The apparent reason was a disagreement over the academy she ran near their house, but the roots clearly run deeper. The father, who claims to have spent Rs 2 crore on his daughter's tennis career, told interrogators he was troubled by questions about her "character" that some of his associates had raised.Deepak Yadav, who shot Radhika at their house Thursday morning, had allegedly been insisting for two weeks on her ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
On the occasion of World Environment Day, Delhi Minister of Development and Tourism Kapil Mishra visited Shri Krishna Gaushala in Sultanpur Dabas, Bawana, in the Northwest District. The minister, who was accompanied by Model Town MLA Ashok Goyal, environmentalists and gaushala caretakers, took part in a tree plantation drive at the cow shelter, one of the largest gaushalas in the Delhi-NCR region. During the visit, Mishra reviewed the arrangements at the cow shelter. He held extensive discussio ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
Chennai (Tamil Nadu) [India], July 2 (ANI): The Tamil Nadu government on Wednesday provided financial assistance of Rs 5 lakh, land ownership and a government job to the family of Ajith Kumar, a temporary temple security guard who allegedly died during police interrogation in Thirupuvanam, Sivaganga district. According to an official statement, the victim's family has been granted a house site patta (land ownership document), Rs 5 lakh in financial assistance, and a government job. Also Read | What Are New Rules for Ola, Uber, Rapido on Peak-Hour Pricing, Ride Cancellations? Know Key Points ...Read More >
SRINAGAR, July 2: Union Minister for Fisheries, Animal Husbandry & Dairying, Rajiv Ranjan Singh and Chief Minister Omar Abdullah today jointly chaired a high-level review meeting of the Animal Husbandry and Fisheries sectors of Jammu & Kashmir. The meeting was attended by Minister for Agriculture Production & Panchayati Raj Javid Ahmad Dar, Advisor to the Chief Minister Nasir Aslam Wani, Secretary GoI Alka Upadhyay, Additional Chief Secretary Dheeraj Gupta, Additional Secretary (CDD/IT) and other senior officers from the Ministry of Fisheries, Animal Husbandry & Dairying. Principal Secretary ...Read More >
Anand: Union minister Amit Shah on Sunday urged cooperative sector leaders to make transparency, use of technology, and the interest of its members high up in their "work culture" to achieve success. Shah made the remarks while addressing an event to mark the fourth foundation day of the Ministry of Cooperation on the campus of Amul Dairy here. "Transparency, technology, and keeping the members (farmers and societies of the cooperative sector) is important," he said, adding, without technology, there is no prosperity for the cooperatives. "Keeping people's interest at the centre of our work ...Read More >
New Delhi [India], July 14 (ANI): Opening India's dairy sector to US imports could result in an annual loss of Rs 1.03 lakh crore to Indian dairy farmers, according to a recent report by the State Bank of India (SBI). The report cautioned that the move would significantly impact the livelihoods of small dairy farmers, as the US dairy sector is heavily subsidized. Also Read | Bitcoin Price Hits All-Time High Today, Cryptocurrency Surpasses USD 1,21,000 Mark for First Time. SBI stated, "If the dairy sector is opened up, price of milk in India is likely to drop by at least 15 per cent which co ...Read More >
Junagadh: The newly elected Aam Aadmi Party (AAP) MLA from Visavadar constituency, Gopal Italia has levelled serious allegations against the Junagadh-based Savaj Dairy for bringing about 1.50 lakh liters of poisonous chemically processed milk and the BJP leaders at the helm of the affairs are earning crores of rupees. Italia gave this statement during his felicitation ceremony organised at Keshod in Gujarat on Friday night. Gopal Italia, while accusing Savaj Dairy, said that BJP leaders make people consume poisonous milk. Savaj Dairy fills about 3 lakh liters of poisonous milk every day, of w ...Read More >
Mumbai: Noting that a person running an elevator company would surely be "rolling in money", a sessions court increased the compensation for a domestic violence survivor from Rs 5 lakh to Rs 1 crore. The judge said a substantial enhancement was needed to compensate for the 20 years of torture, humiliation and economic abuse the 41-year-old woman suffered at the hands of her 44-year-old husband. The monthly maintenance was also hiked from Rs 1 lakh to Rs 1.5 lakh for the woman and their minor daughter.The domestic violence survivor had moved a Mumbai sessions court in 2021 after the magistrate' ...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], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
BENGALURU: To address the issue of cattle grazing inside forests, particularly in Male Mahadeshwara Hills Wildlife Sanctuary, the Karnataka Forest Department is taking the CSR fund route to empower farmers. As a pilot project, 10 families residing around MM Hills have been selected, and given hybrid cattle breeds like Jersey and Holstein Friesian for dairy activities. They have also been made to sign an undertaking that they will not take their cattle for grazing inside forests, and if found doing so, action will be initiated against them under the Wildlife Protection Act, 1972, and the Fores ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in a civil dispute between the parties by filing a first information report and seeking the help of the ...Read More >
HYDERABAD: Dodla Dairy, a listed Hyderabad-based dairy player, has acquired 100% stake in Jharkhand-based Osam Dairy for a cash consideration of Rs 271 crore.The transaction, which is based on an enterprise value of Rs 247 crore and net cash of Rs 23.8 crore, is expected to be completed in one or two months from the date of signing the share purchase agreement (SPA), Dodla Dairy said.Dodla Dairy managing director Dodla Sunil Reddy said the strategic move marks a milestone in the company's journey ...Read More >
Bhubaneswar: State govt will distribute 10,000 high-milk yielding cows to farmers under the Mukhyamantri Kamadhenu Yojana, announced chief minister Mohan Charan Majhi on Saturday.An MoU was signed between the National Dairy Development Board (NDDB) and the Odisha State Cooperative Milk Producers' Federation (Omfed) in Cuttack on Saturday, under which NDDB will facilitate the supply of 3,000 to 4,000 high-milk-yielding cows of Gir, Sahiwal and cross-bred varieties to dairy farmers in the state. Plans are also underway to set up a biogas plant with NDDB's support, aiming at sustainable energy an ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
Gandhinagar (Gujarat) [India], July 6(ANI): On the occasion of the fourth foundation day of the Ministry of Cooperation, Government of India, a grand Sakhkar Samelan was organized in Anand, known as the Milk Capital of India, in the presence of Union Home and Cooperation Minister Amit Shah and Chief Minister Bhupendra Patel. Inaugurating various development works of the world-renowned Amul Dairy, Shah called for expanding the cooperative movement nationwide based on the five Ps - People, PACS, Platform, Policy, and Prosperity, said a release from the Gujarat CMO. Shah stated that the converg ...Read More >
New Delhi [India], July 14 (ANI): Opening India dairy sector to US imports could result in an annual loss of Rs 1.03 lakh crore to Indian dairy farmers, according to a recent report by the State Bank of India (SBI). The report cautioned that the move would significantly impact the livelihoods of small dairy farmers, as the US dairy sector is heavily subsidized. SBI stated, If the dairy sector is opened up, price of milk in India is likely to drop by at least 15 per cent which could cause potential annual loss of Rs 1.03 lakh crore to dairy farmers. The report pointed out that agriculture an ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
New Delhi, December 3: About 533 consumer complaints have been registered under the food and beverages category in the consumer commissions during the last two years, said the government on Tuesday. In a written reply in the Rajya Sabha, BL Verma, Union Minister of State for Consumer Affairs, Food and Public Distribution, said that Uttar Pradesh registered the highest number of complaints (112), followed by Rajasthan (88), Haryana (57) and Kerala (51). Assam had three complaints -- the lowest --, while Chandigarh and Uttarakhand had four each. Verma informed that the Food Safety and Standards ...Read More >
Gandhinagar (Gujarat) [India], July 6(ANI): On the occasion of the fourth foundation day of the Ministry of Cooperation, Government of India, a grand Sakhkar Samelan was organized in Anand, known as the Milk Capital of India, in the presence of Union Home and Cooperation Minister Amit Shah and Chief Minister Bhupendra Patel. Inaugurating various development works of the world-renowned Amul Dairy, Shah called for expanding the cooperative movement nationwide based on the five Ps - People, PACS, Platform, Policy, and Prosperity, said a release from the Gujarat CMO. Also Read | Bihar Assembly E ...Read More >
Bhopal: The Madhya Pradesh government is committed to ensure the economic progress of farmers and cattle-rearers by increasing milk production in the state, Chief Minister Mohan Yadav has said. Work is being done on a strategy to bring 50 per cent of state's villages under the milk collection network, Yadav said during a review meet with the Animal Husbandry and Dairy Development Department officials on Sunday."As many as 9,500 milk producers have been linked to the cooperative dairy system by f ...Read More >
Gandhinagar: In households in Gujarat's cities, cereals may take up less space in the grocery bill, but they still dominate the dinner plate. A new Union govt report shows that cereals, while accounting for just 3.8% of household spending, supply 35% of total calorie intake in cities. In villages, their role is even more dominant, making up 43% of calorie consumption while accounting for 4.5% of total spending.Cereals also account for a major portion of protein intake for people in Gujarat.These insights come from the Centre's latest "Nutritional Intake in India" report, which tracks food patt ...Read More >
Dehradun/Rudrapur, Jul 19 (PTI) Union Home Minister Amit Shah on Saturday accused the Congress of doing negative politics at a time when Uttarakhand is progressing on the path of development and advised the party to desist from the habit if it wished to survive. Shah listed the achievements of the BJP-led governments at the centre and in the state as he slammed a social media post by a Congress leader earlier in the day asking the Union Minister not to return without telling the people what the BJP government had done for the state. "Congress is always doing negative politics, especially whe ...Read More >
Gross Goods and Services Tax (GST) collections rose 7.5 per cent year-on-year to Rs 1.96 lakh crore in July (for sales in June), data released by the government on Friday showed. Even though the pace of growth in gross GST collections picked up to 7.5 per cent in July from 6.2 per cent, this is the second consecutive month wherein the growth rate has been in single digits and much lower after posting double-digit growth in the first two months of the ongoing financial year. ARTICLE CONTINUES BELOW VIDEO Net GST collections, after accounting for refunds, took a hit by growing by just 1.7 per ...Read More >
The Narcotics Control Bureau has seized over 5 lakh illegal pharma tablets worth Rs 20 crore and arrested five suspects in a multi-location operation across Uttar Pradesh and Uttarakhand. The operation uncovered a syndicate illegally diverting prescription drugs, with ongoing investigations to identify the network mastermind. In a significant crackdown, the Narcotics Control Bureau (NCB) has seized more than 5 lakh Tramadol and Alprazolam tablets, valued at Rs 20 crore, and arrested five individ ...Read More >
Dehradun (Uttarakhand) [India], July 2 (ANI): Under the leadership of Chief Minister Pushkar Singh Dhami and Health Minister Dhan Singh Rawat, the Health Department has prepared a strict and dedicated action plan to provide pure and safe food to lakhs of devotees during the upcoming Kanwar Yatra, a statement said. Special teams of food safety officers have been deployed in Haridwar, Dehradun, Tehri, Pauri and Uttarkashi districts. These teams will regularly take samples of milk, sweets, oil, spices, beverages, etc., from the pandals and send them to laboratories for testing. If any sample doe ...Read More >
Ujjain (Madhya Pradesh): Marking the Cooperatives Year, a two-day national seminar will be inaugurated on Friday at the Swarn Jayanti Auditorium of Vikram University. Farmers from five major states: Gujarat, Maharashtra, Madhya Pradesh, Chhattisgarh, and Goa are set to participate in the seminar, 'Dairy Development in Madhya Pradesh: Possibilities and Challenges', under the joint aegis of the Indian Dairy Association (DA) West Zone, and Vikram University (VU). Researchers, students, milk producers from across the country, where over two lakh cooperative societies function, along with experts ...Read More >