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 [India], April 1 (ANI): About 5,98,000 passengers have returned to India amid the developing security situation in West Asia and the Gulf region, a senior government official said on Wednesday. He also shared that the incident caused by debris from an interception in Dubai yesterday, three Indian nationals sustained minor injuries, and the consulate is in close touch with them as it renders all assistance. The authorities in Dubai 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. Also Read | Pink Moon 2026: Date, Time and How To Watch April's Full Moon in India. While addressing the inter-ministerial briefing on the latest developments in West Asia, Aseem R Mahajan, Additional Secretary (Gulf), Ministry of External Affairs, said that the overall flight situation continues to improve with additional flights operating from the region to various destinations in India. "Since February 28th, around 5,98,000 passengers have returned from the region to India. Airlines continue to operate limited non-scheduled flights based on operational and safety considerations between the UAE and India," Mahajan noted. Also Read | Iran Strikes Kuwait Airport, Targets Tanker Near Qatar as Tehran Comes Under Heavy Bombardment Ahead of Donald Trump Address. He further added that around 90 flights are expected to operate from the UAE to India today. "Around 90 flights are expected to operate from the UAE to India today. Flights are operating from various airports in Saudi Arabia and Oman to different destinations in India. With the Qatar airspace partially open, Qatar Airways is expected to operate around 8 to 10 flights to India today. Kuwait and Bahrain airspace remains closed. Jazeera Airways of Kuwait and Gulf Air of Bahrain have been operating non-scheduled commercial flights from Dammam airport of Saudi Arabia to various destinations in India," Mahajan further informed. He also said that due to flight restrictions and airspace closure, the travel of Indian nationals is being facilitated from Iran through Armenia and Azerbaijan to India, from Israel through Egypt and Jordan to India, from Iraq through Jordan and Saudi Arabia to India, and from Kuwait and Bahrain through Saudi Arabia to India. In his remarks, he underlined that the Ministry of External Affairs continues to closely monitor the evolving situation in the Gulf and West Asia region and noted that the dedicated special control room is operational to assist Indian nationals and their families, with the missions and posts across the region working round the clock and remaining in close touch with the local governments. He informed that in attacks yesterday in Dubai, three Indian nationals sustained minor injuries and that they are receiving medical treatment at local hospitals, and one has since been discharged. "In attacks yesterday in Dubai, three Indian nationals sustained minor injuries. They are receiving medical treatment at local hospitals, and one has since been discharged. Our consulate is in close touch with the injured Indian nationals and their families and is rendering all assistance to them," Mahajan said. "Our consulate is in close touch with the injured Indian nationals and their families and is rendering all assistance to them," he added. He also informed that the mortal remains of the two indian nationals- one who passed away on March 11 in an incident on MT Safe Sea Vishnu off the coast of Iraq, and another in Kuwait on March 29th have arrived earlier today in India. "We have been in regular touch with their families and express our deepest condolences to them at this difficult time", he added. His remarks come as the conflict between US-Israel and Iran has now entered into its second month now with ripple effects across the region and an impact on energy supplies globally. (ANI)
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
New Delhi [India], June 28 (ANI): External Affairs Minister S Jaishankar held a telephonic conversation with Iran's Foreign Minister Seyed Abbas Araghchi and thanked him for facilitating the safe evacuation of Indian nationals. The Iranian Minister shared his country's perspective and thinking in the current complex situation. Also Read | 'I Thought He Was Dreaming': US Teen Hallucinates and Walks Off 120-Foot Cliff on Mount Whitney, Now in Coma; Father Recounts Harrowing Ordeal. https://x.com/drsjaishankar/status/1938544594905645398?s=46 In a post on X, Jaishankar wrote, "Spoke to FM @ara ...Read More >
New Delhi [India], June 29 (ANI): External Affairs Minister S Jaishankar on Sunday extended 'warm greetings' to Seychelles governement on their National Day. https://x.com/DrSJaishankar/status/1939204223058747878 'Warm greetings to FM Sylvestre Radegonde, the Government and the people of the Republic of Seychelles on their National Day. Committed to further deepen our longstanding partnership, driven by Vision MAHASAGAR,' Jaishankar wrote on X. https://x.com/DrSJaishankar/status/1938496431872200917 On Friday, Jaishankar extended greetings to Djibouti FM Abdoulkader Houssein Omar on the 48t ...Read More >
Dehradun (Uttarakhand) [India], July 4 (ANI): Following the completion of four years as the Chief Minister of Uttarakhand, Pushkar Singh Dhami said that in the past four years, he has faced many challenges, but with the "grace of god", every time it became an "opportunity" for him. Pushkar Singh Dhami participated in the 'Northern Region Ministers Conference on Civil Aviation' in Dehradun. He was accompanied by Union Minister of Civil Aviation Ram Mohan Naidu. Also Read | PNB, Indian Bank and Bank of India Cut MCLR by 5 BPS in July 2025 After RBI Repo Rate Cut; Home, Personal Loans May Get C ...Read More >
Lucknow (Uttar Pradesh) [India], July 4 (ANI): Bahujan Samaj Party (BSP) chief Mayawati on Friday took a jibe at the Bihar government for appointing principals to five colleges in Patna University via a draw of lots. She alleged that the principals have not been appointed based on their expertise in a subject. Sharing an X post, Mayawati wrote, "The issue of appointing principals through a new 'lottery' system in five prestigious colleges of the renowned Patna University in Bihar has become quite interesting, garnering significant attention across the country, especially in the media and educ ...Read More >
New Delhi [India], July 4 (ANI): India on Friday refuted claims that External Affairs Minister S Jaishankar's request to meet US President Donald Trump was denied by the White House due to his busy schedule, terming it as 'fake news.' In a post on X, Ministry of External Affairs (MEA) Factcheck unit stated, 'CLAIM: White House denies Indian FM Jaishankar's request to meet Donald Trump due to busy schedule. This is FAKE News. This CLAIM is false.' https://x.com/MEAFactCheck/status/1940852409657704485 MEA's statement comes after a user on social media platform X claimed that the White House d ...Read More >
New Delhi [India], July 18 (ANI): India on Friday expressed its appreciation for the US Department of State's decision to designate The Resistance Front (TRF) as a Foreign Terrorist Organisation (FTO) and a Specially Designated Global Terrorist (SDGT), describing it as a significant step in the global fight against terrorism. TRF, a proxy of the Pakistan-based terrorist organisation Lashkar-e-Tayyiba (LeT), was the group that claimed responsibility for the killing of 26 people, mostly tourists, in the April 22 Pahalgam terror attack in Jammu and Kashmir and triggered the four-day military esc ...Read More >
AMRITSAR, India (AP) -- A U.S. military plane carrying 104 deported Indian migrants arrived in a northern Indian city on Wednesday, the first such flight to the country as part of a crackdown ordered by the Trump administration, airport officials said. The Indians who returned home had illegally entered the United States over the years and came from various Indian states. The move came ahead of Indian Prime Minister Narendra Modi's visit to Washington, which is expected next week. U.S. President Donald Trump and Modi discussed immigration in a phone call last week and Trump stressed the impo ...Read More >
New Delhi [India], May 23 (ANI): Criticising the BJP-led NDA government, Leader of the Opposition in Lok Sabha (LoP) Rahul Gandhi on Friday said that India's foreign policy has collapsed. In a post on X, Gandhi raised three questions to the central government. "Will JJ explain, Why India has been hyphenated with Pakistan? Why didn't a single country back us in condemning Pakistan? Who asked Trump to "mediate" between India & Pakistan?" the LoP said. Reposting a video of S Jaishankar's interview with a media outlet, he said, "India's foreign policy has collapsed," he added. Earlier, Gandhi q ...Read More >
The United States recently updated its travel advisory for India. The Ministry of External Affairs acknowledged the update. The US advises its citizens to exercise caution due to crime and terrorism. Certain areas are marked as high-risk. The advisory level for India remains unchanged. It has been at level 2 for several years.Travel advisories are periodically issued by countries based on their "assessment of various factors", and "we have noted" that the US has updated the travel advisory for In ...Read More >
New Delhi [India], July 16 (ANI): A 24-member delegation of young political leaders from Sri Lanka met Foreign Secretary Vikram Misri in New Delhi on Tuesday, with India highlighting their role in "deepening" the bilateral partnership between the two countries. According to the Ministry of External Affairs (MEA), the visit is part of India's ongoing efforts to build stronger political partnerships with Sri Lanka. Also Read | China Shocker: Dalian Polytechnic University Expels Student for Having Casual Sex With Ukrainian Man and 'Hurting National Dignity', School Slammed for Excessive Punishm ...Read More >
New Delhi, Jul 17 (PTI) India on Thursday played down the threat of the US imposing sanctions on countries buying Russian oil, saying it is confident of meeting its needs from alternative sources. Oil Minister Hardeep Singh Puri said the world's third largest oil importer should be able to deal with any problems with Russian imports by seeking supplies from other countries. India imports more than 85 per cent of its requirement of crude oil, which is turned into fuels like petrol and diesel in refineries. Traditionally, the Middle East was the main source, but Russia has been the mainstay s ...Read More >
New Delhi: MEA spokesperson Randhir Jaiswal confirmed that "friendly countries" are interceding on India's behalf to ensure Kerala nurse Nimisha Priya can be released. Priya who has been accused of killing Yemeni national Talal Abdo Mehdi in 2017 was arrested in 2020 and sentenced in 2023. Her death sentence which was set for July 16 has now been postponed. Stating that the government of India had been offering all possible assistance in the case Jaiswal said: "We have provided legal assistance and also appointed a lawyer to assist the family. We have also arranged for regular consular visits ...Read More >
New Delhi, Jun 26 (PTI) India has evacuated over 3,400 Indian nationals from Iran so far in 14 flights under Operation Sindhu launched on June 18 to bring home its citizens amid the ongoing Iran-Israel conflict, according to data shared by the Ministry of External Affairs on Thursday. At his weekly media briefing, MEA spokesperson Randhir Jaiswal, in response to queries on Operation Sindhu, also said, New Delhi was "assessing the situation on ground" and depending on that a decision would be taken whether to "continue with it or not". On June 24, while India remained "deeply concerned about ...Read More >
India's Foreign Minister S. Jaishankar spoke with Iranian counterpart Seyed Abbas Araghchi about the Iran-Israel conflict post 12-day hostilities. India praised Iran's help in evacuating Indians. Following a US-mediated ceasefire, India is closely monitoring radiation at Iranian nuclear sites and urges diplomatic dialogue for peace. India's External Affairs Minister S. Jaishankar held talks with Iranian Foreign Minister Seyed Abbas Araghchi, addressing the recent hostility between Iran and Israel. Jaishankar expressed gratitude for Iran's assistance in the evacuation of Indian nationals amid ...Read More >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...Read More >
New Delhi [India], July 17 (ANI): Ambassador Taranjit Singh Sandhu, veteran diplomat of nearly four decades and former Indian envoy to Washington, joins the US-India Strategic Partnership Forum (USISPF) as Advisor to the Board and will be the Chairman of the USISPF Geopolitical Institute, USISPF said in an official statement. As per the statement, in this new avatar, Ambassador Sandhu will lend his diplomatic acumen to guide USISPF strategic engagements on the India-Middle-East-Europe-Economic Corridor (IMEC), the Indo-Pacific Quadrilateral Security Dialogue (Quad), and the I2U2 (India, Israe ...Read More >
Mumbai, Jul 18 (PTI) The rupee stayed weak for the third straight session and settled 4 paise lower at 86.16 against the US dollar on Friday, amid rising global crude oil prices and a steep decline in domestic equity markets. However, a weak greenback against major currencies prevented a sharp depreciation in the local unit, forex traders said. At the interbank foreign exchange, the rupee opened higher against the US dollar at 85.99 and moved in the range of 85.97-86.23 before closing at 86.16, down 4 paise from its previous close. The rupee declined 20 paise to settle at 86.12 against the ...Read More >
NEW DELHI, 26 Jun: India has evacuated over 3,400 Indian nationals from Iran so far in 14 flights under Operation Sindhu launched on 18 June to bring home its citizens amid the ongoing Iran-Israel conflict, according to data shared by the Ministry of External Affairs (MEA) on Thursday. At his weekly media briefing, MEA spokesperson Randhir Jaiswal, in response to queries on Operation Sindhu, also said that New Delhi is "assessing the situation on ground" and depending on that a decision would be taken whether to "continue with it or not." On 24 June, while India remained "deeply concerned ab ...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 >
New Delhi, Jul 2 (PTI) Shashi Tharoor was a part of a government delegation that was sent abroad, and being a member, one has to defend the government, said Congress leader Prithviraj Chavan amid a row over the MP's recent remarks that have irked the party leadership. He, however, sounded cautious about "what happens to Mr Shashi Tharoor in future", saying, "I don't know and would not like to comment on that." Both Chavan and Tharoor were part of the now-defunct 'group of 23' that had written to then Congress president Sonia Gandhi in 2020 for the overhaul of the party organisation. Followin ...Read More >
New Delhi [India], July 17 (ANI): The Ministry of External Affairs on Thursday confirmed that approximately 1,563 Indian nationals have been deported from the United States since January 20, 2025, the day Donald Trump assumed office as US President for a second term. 'Since 20 January of this year, till yesterday, some 1563 Indian nationals have been deported from the United States so far. Most of these Indian nationals have come by commercial flight,' MEA spokesperson Randhir Jaiswal said during the weekly media briefing. Responding to a query on the arrest of an Indian national in Washingt ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
The US has designated The Resistance Front (TRF), a proxy of Lashkar-e-Taiba, as a foreign terrorist organization after it claimed responsibility for the deadly Pahalgam attack in 2025. This move, hailed by India, strengthens counter-terrorism cooperation between the two nations. India can now push for Pakistan's relisting on the FATF grey list. The US has designated The Resistance Front (TRF), a proxy of Pakistan-based terrorist group Lashkar-e-Taiba which had initially claimed responsibility f ...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 >
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 26 (ANI): The Ministry of External Affairs clarified India's position on importing crude oil from Iran on thursday, stating that energy purchases are based on 'market factors and the prevailing global situation.' 'Our energy requirements, or the energy purchases we make, are based on market factors and the prevailing global situation,' MEA spokesperson Randhir Jaiswal said in THEIR weekly briefing. Further, the Ministry also expressed deep concerns about the situation in West Asia, including the Israeli attacks on nuclear scientists and certain universities in Iran. ...Read More >
New Delhi [India], June 27 (ANI): After India refused to sign a joint declaration at the Shanghai Cooperation Organisation (SCO) Defence Ministers' meeting in China on Thursday, certain reports had claimed that the declaration had found a mention of the Balochistan crisis, but failed to mention the Pahalgam terror attack prompting India not to endorse the document. However, sources have clarified that these reports are completely incorrect. According to sources, the alphabet soup of the declaration document did not have either B (Balochistan) or P (Pahalgam) in its text. The document did not ...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, July 18 Hours after the European Union (EU) agreed upon an 18th round of sanctions on ... New Delhi, July 18 Hours after the European Union (EU) agreed upon an 18th round of sanctions on Russia over its invasion of Ukraine, India on Friday said that it does not subscribe to any unilateral sanction measures and that there should be no "double standards", especially when it comes to energy trade. "We have noted the latest sanctions announced by the European Union. India does not subscribe to any unilateral sanction measures. We are a responsible actor and remain fully committed to o ...Read More >