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: The fourth wheel has always been considered a psychological hurdle. Wednesday was the final push before the first scheduled rest day at the Cape St. George Hotel and Resort in Cyprus as the 2026 Candidates Tournament opens up a new level of competition. However, the Indian team seems to have mentally checked out their off day.It was indeed a day of missed opportunities and disappointing results for India. While the brother duo of R Praggnanandhaa and R Vaishali managed to save the draw, the spotlight turned to Divya Deshmukh, whose experimental game collapsed under the weight of basic errors. For a country that looked solid in the first round, the fourth round felt like a whimper, a desperate rush toward the sanctuary of Thursday's break.Praggnanandhaa's dry fuckingR Praggnanandhaa, India's only hope in the open section, had an uncharacteristic performance against Germany's Matthias Blübaum. Playing black, the Chennai prodigy seemed content to steer the match towards neutral territory, as his German opponent wanted, rather than test his resolve.Senior general manager Pravin Thipsay is critical of this approach. "Bluebaum played very solidly, he chose a simple opening with white, and he just simplified it to a bland ending," Tipsay told TOI while analyzing the match. "Pragnanandhaa did try to open the game through center, but he wasted some piece moves in 4...c6 and 5...c6, so when he played 6...c5, there was barely any chance of winning."The game ended with 37 triple repetitions, a dull game that lacked the Prager-style aggression that the chess world has come to expect even when defending with black stones.Zindarov sets the toneWhile India struggled for pace, Uzbekistan's Javokil Zindarov continued to set the pace, defeating world-class Fabiano Caruana. The result sent shockwaves through the chess world and firmly established the Uzbeks as the losers. "It's an interesting matchup between two players who lead this event with 2.5/3," Thipsay noted. "Zindarov took the lead with a score of 3.5/4 beating Fabiano Caruana. It looks like a great result. At this stage, it can be said that his quality and performance or consistency are much better than others." If things go the same way, then we can say that Zindalov will win this fight. "Vaishali escapesIn the women's category, R Vaishali and Aleksandra Goryachkina performed a 27-step survival show. Vaishali chose the king-pawn opening that would become the Italian game (the modern bishop opening), but she found herself in trouble early on. "Vashali survived a bad situation. She had a bad start," Tipsey said bluntly. "At one stage, there was a center exchange and it would have been a big positional advantage for her opponent if she had played exd4 (instead of 18...Nxd4). But after her opponent played Knight on d4, Vaishali recovered immediately and the game ended in a draw, with some exciting moments but nothing really serious."FIDE Round 4 Candidate Results - April 1, 2026open part Women's group Divya Deshmukh's status collapsesThe most tragic result for India came on the board of Divya Deshmukh. Facing China's Zhu Jiner white chess, Divia's Slavic defense collapsed not because of the opponent's excellence, but because of self-injury."The most disappointing match of the day was Divya Deshmukh's match," Thipsay said. Divya Deshmukh played in the England opener. Early in the middle game, she has established a two-pawn structure on d4 and d5, with 8.cxd5...exd4 and 9.exd4...Bb6."The position she plays may not be easy to understand, but she puts the double pawns in the middle, which creates a cramping effect. Apparently, she had no idea what was going on, because once she gained a bit of an advantage...she tried to push the pieces to the king's side for no reason, instead of focusing on development. " Her first big mistake was a premature kingside push, 12.h4, which weakened her position. Zhu Jiner took advantage of this and struck decisively, capturing the d5 piece with 17...Nxd5."Divya also fortified the same side she weakened, and in the process lost a piece on move 17," Tipsay explained. "The lost time and the lost pieces are irreversible. After that, the game was also very inaccurate. She lost the pieces again... In the final position, she was threatened by the loss of the queen, threatened by the loss of the mate, threatened by the loss of the chess fork. It was a very one-sided game between the two."When Divya resigned after 36 moves, she was in a desperate situation. This is a clear case of a player losing track of the game while perhaps already thinking about their day off.The Indian contingent needs more than just rest. They need a complete recalibration.The safety mentality on display in the fourth round didn't do much, but it made the game a success.Praggnanandhaa, Vaishali and Divya need to return on Friday. What they need is that killer instinct that seems to be lost in the Mediterranean heat.Matching Round 5 - April 3, 2026
D Gukesh, a rising chess star, has secured a psychological edge over current champion Ding Liren in the ongoing World Chess Championship. After the first three games, both players are tied at 1.5-1.5, but Gukesh's meticulous preparation has clearly given him the upper hand. In their initial encounter, Gukesh's strategic progress in a French defense game allowed him a significant time advantage, despite losing the opener in a complex middle game. He redeemed himself in the second game, achieving an effortless draw in just 23 moves against Liren's solid Italian opening. Heading into the third ...Read More >
Delhi GM Open chess tournament NEW DELHI: The Delhi International Open Grandmasters Chess Tournament 2025 commenced today at Tivoli Gardens, featuring remarkable first-round results. In a notable upset, Vairaj Sogerwal (1869) secured a victory against Armenia's GM Karen H Grigoryan (2520). Additionally, young Meetansh Dixit (1874) achieved an impressive draw against Georgian GM Levan Pantsulaia (2551), highlighting the emerging talent at the event.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!GM Narayanan S L (2600), the tournament's top seed, secured a victory against Singapo ...Read More >
New Delhi, Jul 3 (PTI) Teenage Indian Grandmaster R Praggnanandhaa believes players like Magnus Carlsen and Hikaru Nakamura gradually moving away from classical chess has to do with the mental and physical exhaustion that comes with playing the long format for a long time. Magnus, the five-time world champion, and world No.2 American Grandmaster Nakamura have played fewer classical games, and instead focused on freestyle, rapid and blitz formats. Praggnanandhaa, who has won three major classical titles this year, feels players don't really enjoy the hours of preparations that goes into class ...Read More >
Nagpur: Reigning world junior champion and Nagpur's star chess master, Divya Deshmukh, started her campaign in the FIDE Women's World Cup on a thumping note in Batumi, Georgia, on Wednesday. As the 15th seed, Divya opened her campaign from the second round, where the world's top 21 women players joined the 43 winners from the first round. In the knock-out format of the World Cup, seven rounds consisting of two-game matches in the classical format will be played, followed by a rapid tie-break round.In the second round, the 2463 Elo IM Divya was paired up against WFM Kesaria Mgeladze of Georgia. ...Read More >
New Delhi [India], July 20 (ANI): Congress MP Renuka Chowdhury on Sunday expressed concern over the government inaction in bringing to justice the terrorists behind the April 22 Pahalgam attack, which killed 26 civilians, including a Nepali citizen. As the Parliament Monsoon session begins, Chowdhury stated that the INDIA bloc will raise this issue, demanding answers from the government. Speaking to ANI, Chowdhury said, The Parliament session is starting, so we have reached Delhi. We have not been able to see those who killed our countrymen in the terrorist attack in Pahalgam arrested yet. T ...Read More >
New Delhi [India], August 1 (ANI): India newly crowned chess grandmaster, Divya Deshmukh, shared her views on the recently concluded FIDE Women Chess World Cup 2025, which took place in Georgia, saying that this tournament has been her most significant test of resilience. Divya, a 19-year-old rising sensation in the world of chess, became the first Indian woman to clinch the Chess World Cup after overwhelming Koneru on Monday evening in the final via tiebreaks. She became just the fourth Indian woman grandmaster and overall the 88th in the nation to clinch that title. Speaking to the media, ...Read More >
Indian Grandmaster R. Praggnanandhaa played out a second draw against France's Maxime Vachier-Lagrave during their semifinal tie of the Grand Chess Tour Finals in Sao Paulo, Brazil, on Tuesday. The result leaves both players tied on 6-6 after the first classical game on Monday also ended in a draw. In contrast to the first game, both players went for a safer approach, and the match was over in 21 moves. "I just wanted to play normal chess. If there's a fight, I will fight, and if I don't get anything, then a draw is not a bad result. I just wanted to play a bit faster today, especially after ...Read More >
Panaji, Oct 21: Goa Chief Minister Pramod Sawant on Tuesday launched the logo and anthem for the 2025 FIDE World Cup Chess Championship to be held in the coastal state from October 31 to November 27. The World Cup winner will not only take home the championship title but also secure one of three coveted spots in the 2026 Candidates Tournament, the penultimate stage leading to the World Chess Championship, the organisers said in a statement released during the event. Among the top contenders are some of the biggest names in world chess, including Gukesh D, Arjun Erigaisi, Praggnanandhaa R, An ...Read More >
India's D. Gukesh is set to face reigning World Chess Champion Ding Liren in Game 3 of the 2024 World Chess Championship at Resorts World Sentosa in Singapore. After losing the first game, Gukesh managed to hold Ding to a draw in the second round while playing with Black. In Game 3, Gukesh, now with White, aims to reduce Ding's lead and fight for an equal footing in the series. The match will be streamed live on platforms like FIDE's YouTube and Chess.com, with live updates available on Sportstar’s match blog. Fans can follow all the exciting action as it unfolds. ...Read More >
Pune: The Indian Gig Workers' Front on Saturday evening suspended the ongoing strike of cabs and autorickshaws operating on applications till Tuesday, after leaving many commuters, including those arriving at the airport on Saturday morning, hassled. Keshav Kshirsagar, the president of the front, said, "We have a meeting on Tuesday with senior officials of the state transport department. If its decisions don't meet our expectations, the strike will resume." Several commuters had a harrowing experience on roads on Friday and in the early hours of Saturday. Cabs and autos were hard to come by. T ...Read More >
New Delhi [India], October 15 (ANI): The initiative comes from the organisers of the prestigious Norway Chess tournament, and the official World Championship status agreement was signed with the International Chess Federation (FIDE) in early October. The vision of the Total Chess World Championship Tour is to find the player who best masters the disciplines Fast Classic, Rapid and Blitz combined. Fast Classic is an innovation of classical chess, featuring a time limit as short as 45 minutes plus a 30-second increment per move. This will receive a rating as classical chess, as per a release fro ...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 >
Chennai (Tamil Nadu), [India], July 10 (ANI): Five-time World Chess Champion Viswanathan Anand has praised the Chola Chess Initiative in Chennai, stating that the facility provides a solid platform for young talents to rise and shine in the international chess arena. The Chola Chess facility is a Corporate Social Responsibility (CSR) initiative by Cholamandalam Investment and Finance in association with Chess Gurukul. Speaking to ANI on Wednesday, Viswanathan Anand said, It is a very healthy development, a CSR initiative, very nice facilities. There will be very good coaches, and people can ...Read More >
Mumbai, July 11: The opening press conference for the 2025 Esports World Cup (EWC) was held in Riyadh, marking the start of the world's largest esports and gaming festival. The 2025 Esports World Cup (EWC) opened on Thursday evening with a star-studded opening ceremony. Running until August 24, the event features more than 2,000 elite players, 25 tournaments across 24 leading titles, and a prize pool of over 70 million U.S. dollars. Danial Patel Makes History at WAVES Esports Championship 2025, Clinches First-Ever Gold Medal for India. Speaking at the press conference on Wednesday, Prince Fai ...Read More >
Nagpur: Vantika Agrawal stunned former world champion Anna Ushenina to become the fifth Indian to advance to the round of 32 in the FIDE Women's World Cup at Batumi, Georgia, on Friday.While Vantika played well with both her white and black pieces in the three tie-break matches played in the rapid and blitz format to join Koneru Humpy, Divya Deshmukh, Vaishali Rameshbabu, and D Harika in the third round, Padmini Rout and Priyanka K suffered losses in contrasting fashion to exit the World Cup.A day after Humpy, Divya, Vaishali, and Harika won their respective second-round contests in the classi ...Read More >
New Delhi, Aug 1 (SocialNews.XYZ) Union Minister for Youth Affairs & Sports and Labour & Employment, Dr. Mansukh Mandaviya, felicitated the FIDE Women's World Cup 2025 medallists Divya Deshmukh and Koneru Humpy here on Friday. Indian chess prodigy Divya and veteran Grandmaster (GM) Humpy made the nation proud with a dominant performance at the recently concluded tournament in Batumi, Georgia. Dr. Mandaviya personally felicitated Divya Deshmukh, who also became the 88th Grandmaster of the country and 4th Indian woman to become a GM, on becoming the first Indian woman to win the FIDE Women's Wo ...Read More >
New Delhi, June 5 (UNI) The Delhi International Open Grandmasters Chess Tournament (Delhi GM Open) is set to make a grand return this June with a record prize pool of Rs 1.21 crore. Triveni Sports has come on board as the Associate Sponsor for the 21st edition, marking a major boost for one of India's most prestigious chess events. Organized by the Delhi Chess Association (DCA), the tournament will take place from June 7 to 14 here, drawing over 2,500 players from more than 15 countries, including 20 Grandmasters ,across three rating-based sections. Held under the aegis of the All-India Ch ...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 >
New Delhi [India], July 19 (ANI): The Chief Minister of Uttar Pradesh, Yogi Adityanath, met Prime Minister Narendra Modi and Union Home Minister Amit Shah in New Delhi on Saturday. The Prime Minister Office (PMO) handle posted on X, Chief Minister of Uttar Pradesh, Shri @myogiadityanath, met Prime Minister @narendramodi. Sharing an X post about the meeting, CM Yogi wrote, I had the honour of meeting the world most popular leader, the respected Prime Minister Shri @narendramodi ji, in New Delhi today and received his warm guidance. Heartfelt gratitude to Prime Minister ji for granting me his ...Read More >
Also Read: India's Gukesh rises to career-high No. 3, Praggnanandhaa returns to top 10 in FIDE rankings In the highly anticipated showdown between Nakamura and Gukesh, the tension was palpable as the two grandmasters went head-to-head. After a series of intense games, Nakamura emerged victorious in a high-speed bullet match. True to his flamboyant style, Nakamura picked up Gukesh's king and tossed it into the crowd, a dramatic gesture that quickly went viral. While some celebrated the excitement, the act sparked a fierce debate across social media about the appropriateness of his actions. ...Read More >
Srinagar, July 09: Chief Minister Omar Abdullah on Wednesday said that Jammu & Kashmir's tourism sector is witnessing a strong revival, with a steady rise in the number of tourists visiting the Union Territory each day.Abdullah, while addressing reporters in West Bengal ahead of the Kolkata Tourism Fair, said, "Tourists are coming back to Kashmir in good numbers. The ongoingAmarnathYatra is proceeding smoothly with heavy footfall on both the Pahalgam and Baltal routes, he said."I spoke to several pilgrims, and they are all happy and satisfied with the arrangements. I have come to Kolkata to ta ...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 >
While India cherishes chess, no other city nurtures the game quite like Chennai does, thanks to its idols, investment and deeper socio-cultural penchant for the puzzling adventure. The game of chess has altered the hierarchy of consumption of sport in the nation over the past couple of years, usurping the status quo in the sprawling peninsular nation of India. While cricket remains the top-billed outdoor activity, the chess revolution that has taken the nation by storm, aided by the prolonged i ...Read More >
Tamil Nadu Chief Minister M.K. Stalin and Deputy Chief Minister Udhayanidhi Stalin on Monday commended R. Vaishali, who has once again become the champion at the FIDE Grand Swiss -- one of the most prestigious events in the chess calendar. In a social media post, Mr. Stalin congratulated Ms. Vaishali on her defending her title with composure and brilliance, securing her place in the prestigious women candidates tournament. "This victory is not just a personal milestone but a celebration for Chennai, for Tamil Nadu, and for countless young girls who now see their dreams reflected on the world ...Read More >
Samarkand: India's Vaishali Rameshbabu became the third Indian to win the 2026 International Chess Federation (FIDE) Women's Candidates tournament on Monday. She defended her FIDE Grand Swiss title in Samarkand, Uzbekistan, on Monday, as per ESPN. She finished with a total of eight points from 11 rounds, equal to Katryna Lagno, but secured a successful title defence on the basis of a tie-break. Vaishali's qualification to the Women's Candidates tournaments comes after Divya Deshmukh and Koneru Humpy made it to the event. Prime Minister Narendra Modi today congratulated Vaishali Rameshbabu o ...Read More >
Mumbai, Sep 26: Top Indian Grandmasters, world champion D Gukesh and Arjun Erigaisi, will represent PBG Alaskan Knights in the upcoming Global Chess League after the duo was snapped up in a high-stakes player draft by the franchise for the third edition of the lucrative event, here on Friday. A joint initiative of Tech Mahindra and FIDE, the third edition of GCL featuring six teams will be held here from December 13 to 24. The 'Icon round' set the ball rolling as Alpine SG Pipers snapped up American GM Fabiano Caruana, PBG Alaskan Knights edged out rivals to secure Gukesh, while five-time wo ...Read More >
New Delhi [India], December 13 (ANI): Five-time World Chess Champion Viswanathan Anand took to social media and shared a photo of him with young D Gukesh recalling the moment when he met him as a young boy. "The boy who would be King @FIDE_chess @WacaChess," Viswanathan Anand wrote on X. Also Read | Big score is just around the corner for Steve Smith, Skipper Pat Cummins Backs Star Batter Ahead of IND vs AUS 3rd Test 2024. https://x.com/vishy64theking/status/1867402859903590525 Earlier the former World Champion congratulated D Gukesh on his phenomenal victory, "Congratulations! It's a prou ...Read More >
Chennai (Tamil Nadu) [India], August 13 (ANI): Grand Master (GM) Karthikeyan Murali lit up Round 7 of the Chennai Grand Masters 2025 on Monday with a stunning win over GM Vidit Gujrathi, prevailing with the black pieces after a gritty battle. Meanwhile, German GM Vincent Keymer strengthened his grip on the title race with a clinical win over American GM Awonder Liang, leaving the former 1.5 points ahead of his closest competitors, Liang included, as per a press release from Chennai Grand Masters. Now in its third year, the Quantbox Chennai Grand Masters 2025 is India's strongest classical ch ...Read More >
Chennai, Sep 15 (UNI) Tamil Nadu Chief Minister M K Stalin tonight greeted chess prodigy R Vaishali for defending the FIDE Grand Swiss crown with composure and brilliance that fetched her a place in Women's Candidate tournament. Her vistory was not jsut a personal milestone, but a celebration for Chennai, for Tamil Nadu, and for countless young girls who now see their dreams reflected on the world stage. In a post on X, Mr Stalin wrote "Congratulations to our Chennai girl Vaishali on defending her FIDE Women's Grand Swiss crown with composure and brilliance, securing her place in the pr ...Read More >
New Delhi, Sep 16 (SocialNews.XYZ) Prime Minister Narendra Modi on Tuesday congratulated Grandmaster Vaishali Rameshbabu for creating history by winning the FIDE Women's Grand Swiss 2025 for the second time in a row, calling it an "outstanding accomplishment," while also lauding Anandkumar Velkumar for securing India's first-ever world championship gold in speed skating. Grandmaster Vaishali Rameshbabu etched her name in history on Monday by becoming the first Indian to successfully defend the FIDE Women's Grand Swiss title. She sealed her victory after holding former Women's World Champion ...Read More >