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 will participate in talks convened by the UK on the Strait of Hormuz. The Ministry of External Affairs has confirmed that New Delhi is also in contact with Iran to ensure the safe passage of Indian vessels through the strategic waterway. The MEA said Foreign Secretary Vikram Misri will represent India at the discussions, which are part of diplomatic efforts aimed at ensuring maritime security and reopening the shipping corridor. MEA spokesperson Randhir Jaiswal said India has been maintaining communication with Iran. This was being done to safeguard the movement of Indian ships carrying essential commodities. He noted that recent engagements helped several Indian vessels cross the strait. The Strait of Hormuz is one of the world's most critical sea routes. The UK-led meeting reportedly involves many countries and is focused on exploring diplomatic and practical measures to restore safe navigation. Tensions around the strait have escalated following the ongoing conflict in the region.
India and the EU are progressing towards implementing a free trade agreement later this year, with discussions focusing on deepening security and defense cooperation. Union Minister Piyush Goyal expressed confidence that the FTA will benefit the auto industry, encouraging collaboration and innovation. As Foreign Secretary Vikram Misri met with the European Union Political and Security Committee (PSC) delegation, led by Chair Delphine Pronk on Friday, India-EU free trade agreement expected to be ...Read More >
New Delhi, March 12 (SocialNews.XYZ) India on Thursday categorically rejected claims that it took five days to sign the condolence book for late Iranian Supreme Leader Ayatollah Khamenei at the Iranian Embassy in New Delhi, terming such statements as "ill-informed". Addressing a weekly media briefing on Thursday, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal mentioned that Foreign Secretary Vikram Misri signed the condolence book on the first day of the opening of the book and urged commentators to update themselves on important matters before making remarks in public. "Let ...Read More >
New Delhi, March 12 (SocialNews.XYZ) India on Thursday slammed Pakistan yet again, terming the country as the "state sponsor of terrorism for decades" which also has no credibility when it comes to cross-border terrorism. Reacting strongly to Islamabad's allegations of India's involvement in the ongoing conflict between Pakistan and Afghanistan along the Durand Line, the Ministry of External Affairs (MEA) that nobody is fooled by Pakistan's "assumed victimhood" now. Addressing a weekly media briefing on Thursday, MEA spokesperson Randhir Jaiswal said that it has become second nature for Pakis ...Read More >
New Delhi, March 12 (SocialNews.XYZ) There is no fuel shortage, and India has sufficient crude oil stock at the moment, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Thursday, adding that people should not spread rumours and avoid creating fake narratives. Speaking in Parliament, the minister stressed that the volume of energy in India is secure. "India's crude supply position is secure, and the secured volume exceeds what Hormuz would have delivered. Thanks to Prime Minister Narendra Modi's outstanding diplomatic outreach and goodwill, India has secured crude volumes that ex ...Read More >
Jammu and Kashmir chief minister Omar Abdullah on Friday condemned the "unjust and illegal war imposed on Iran" and requested Prime Minister Narendra Modi to use his influence to end the war in the interest of humanity. He made the statement in the Legislative Assembly as the Leader of the House after several National Conference MLAs pressed for it, even as BJP legislators maintained that the Iran crisis is an international issue and does not fall in the domain of the House. "On behalf of mysel ...Read More >
Nearly 1,200 Indian nationals, most of them students, have left Iran since the start of the West Asia conflict by crossing via land borders to Armenia and Azerbaijan, while three Indians were injured in attacks in the United Arab Emirates (UAE), officials of the external affairs ministry said on Wednesday. About 9,000 Indians, including students and businesspeople, were in Iran when military strikes by Israel and the US on February 28 triggered the conflict. Scores of students were moved from ci ...Read More >
New Delhi: In a significant shift in strategy, Donald Trump is reportedly willing to end the ongoing US military campaign against Iran without ensuring the reopening of the strategically vital Strait of Hormuz, according to local report. The development signals a possible recalibration of Washington's war objectives, with the administration prioritising a quicker end to hostilities over securing the crucial oil transit route. As per the report, Trump told aides that the complex and time-consuming task of reopening the Strait through which a major share of global oil supplies passes could be ...Read More >
The shockwaves of a war being fought nearly 3,000km away are now reaching India's kitchens. As the US-Israeli strikes on Iran disrupt energy shipments through the Strait of Hormuz, supplies of liquefied petroleum gas (LPG) are tightening across India, forcing restaurants to cut menus, shorten hours and in some cases shut down altogether. Social media is awash with video clips showing queues outside cooking-gas dealers across Indian cities and towns as worries over fuel supplies spread. Commerci ...Read More >
New Delhi, March 30: India has enough aviation turbine fuel (ATF) for the next 60 days and there is no immediate risk of disruption, Civil Aviation Minister Kinjarapu Rammohan Naidu told the Rajya Sabha on Monday amid concerns over the ongoing West Asia conflict. Responding to questions in the Rajya Sabha, Naidu assured that the country's aviation fuel supply remains stable despite the oil crisis triggered by the West Asia war. "India currently has adequate ATF reserves and does not foresee any shortage in the near future," he said. "India follows a balanced production system for ATF, where n ...Read More >
New Delhi [India], March 31 (ANI): Foreign Secretary Vikram Misri held with Russian Deputy Foreign Minister Andrey Rudenko on Monday. During the consultations on Monday, the two sides reviewed the entire gamut of bilateral ties and also shared perspectives on regional and global issues of mutual interest. Both sides took stock of progress on implementation of decisions taken at the 23rd Annual Summit held in New Delhi in December 2025. During the visit, Rudenko also called on External Affairs Minister, MEA said. The last round of Foreign Office Consultations was held in Moscow in March 202 ...Read More >
New Delhi: Foreign Secretary Vikram Misri on Thursday represented India at a high-level international meeting convened by the UK Foreign Secretary to address the escalating situation in West Asia, particularly disruptions affecting critical maritime routes like the Strait of Hormuz. The virtual gathering brought together representatives from more than 60 countries to discuss the regional crisis, which has raised serious concerns over global energy supplies and maritime security. India, a major importer of energy from the Gulf region, actively participated to highlight its stakes in maintainin ...Read More >
New Delhi: India has intensified its calls for the immediate discharge and repatriation of all remaining Indian nationals serving in the Russian Army, following the tragic death of one Indian national in Russia. The Ministry of External Affairs (MEA) has once again stressed the urgency of bringing back Indian nationals involved in the ongoing conflict in Ukraine. Indian National from Kerala Dies, Another Injured in Russia In a statement, MEA spokesperson Randhir Jaiswal confirmed that an Indian national from Kerala, who had been recruited to serve in the Russian Army, tragically died, while ...Read More >
New Delhi: Indian nurse Nimisha Priya, who was convicted of murdering a Yemeni citizen, is scheduled to be executed in Yemen on July 16. The victim, Talal Abdo Mehdi, was a local man with whom Nimisha had run a clinic, reported The Indian Express. Quoting Samuel Jerome Baskaran, a social worker involved in talks with Yemeni officials and Talal's family, the news report mentioned that he confirmed the execution date. "The public prosecutor has sent the letter of prosecution to the jail authorities. The execution is set for July 16. However, there is still hope. The Indian government can still ...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: External Affairs Minister S. Jaishankar held a telephonic conversation with Portuguese Foreign Minister Paulo Rangel, focusing on the volatile situation in West Asia and strengthening bilateral ties. In a post on X on Tuesday, Jaishankar said he had "a good conversation" with Rangel. The two leaders exchanged views on the West Asia conflict and discussed ways to enhance cooperation between India and Portugal. This outreach comes amid broader diplomatic efforts to address regional instability. Jaishankar and Foreign Secretary Vikram Misri held high-level talks with Russian Deputy F ...Read More >
New Delhi- Prime Minister Narendra Modi on Wednesday chaired a special meeting of the Cabinet Committee on Security (CCS) to review India's preparedness amid the ongoing conflict in West Asia, calling for "all-out efforts" to protect citizens from its impact. The meeting, the second such high-level review on the issue, assessed steps taken by various ministries and departments and deliberated on further measures to cushion the fallout of the conflict on essential supplies and key sectors. According to an official statement issued by the Prime Minister's Office, Modi emphasised that safeguard ...Read More >
Defence Minister Rajnath Singh on Thursday said Indian Navy vessels are ensuring the safe passage of the country's oil tankers through the troubled waters of the Strait of Hormuz. He added that the government is keeping a close watch on developments in the region. Singh was speaking at a Sainik Samman Sammelan in poll-bound Kerala. He further said India is not facing any shortage of fuel or gas and is well equipped to handle any potential energy disruptions arising from the ongoing war in West ...Read More >
New Delhi [India], April 2 (ANI): The Ministry of External Affairs (MEA) on Thursday said that more than 1,200 Indian nationals have been safely evacuated from Iran amid the ongoing conflict in West Asia. Addressing an inter-ministerial briefing in the national capital, MEA spokesperson Randhir Jaiswal said the evacuation is being carried out through Armenia and Azerbaijan with the Centre closely coordinating efforts on the ground. Also Read | Which US Companies Are Under Threat? Names of American Firms on Iran's 'Hit List'. According to Jaiswal, "Some 1200 Indian nationals have been evacua ...Read More >
NEW DELHI: Commerce and industry minister Piyush Goyal has indicated that India could buy more oil from the US amid repeated calls from American President Donald Trump for India and China to lower purchase of Russian crude."We are big importers of energy from across the world, including from the US. We expect to increase our trade with the US on energy products in the years to come... Our energy security goals will have a very high element of US involvement, which will ensure high stability, dive ...Read More >
India on Thursday reaffirmed its support for a two-state solution to the Palestine issue and said it will continue to strongly support all efforts towards a "durable and just peace" in the region. External Affairs Minister S Jaishankar also said that India has significant development cooperation with Palestine and it is committed to supporting its human resource development programmes and strengthen Palestinian institutions. This is not the first time India has discussed its stance. In July, In ...Read More >
New Delhi [India], March 30 (ANI): India on Monday said that particular attention is being given to the welfare of Indian seafarers as the conflict in the Gulf region entered its second month. A senior Ministry of External Affairs (MEA) officer assured that the safety, security and welfare of the Indian community in the region remains the utmost priority and added that MEA continues to closely monitor the evolving situation in the region. Also Read | Donald Trump Warns Iran on Strait of Hormuz, Power Grid if Deal Is Not Reached. Addressing an interministerial briefing, Aseem Mahajan, Joint ...Read More >
NEW DELHI: A day before Zionist entity and the United States attacked Iran on February 28, the Indian flagged LPG tanker Pine Gas loaded cargo at the United Arab Emirates' Ruwais port, hoping to reach home within a week. However, it would be nearly three weeks before the vessel safely transited the Strait of Hormuz, after Iran began selectively allowing ships through the narrow waterway. Pine Gas Chief Officer Sohan Lal said the ship's 27 Indian crew had seen missiles and drones flying overhead every day as they waited. In a video seen by Reuters, at least five projectiles can be seen streaki ...Read More >
New Delhi, Apr 2 (PTI) Foreign Secretary Vikram Misri represented India on Thursday at a UK-hosted summit of nearly 30 nations that focused on ensuring safe shipping through the Strait of Hormuz amid Iran's partial blockade of the strategic waterway which has severely disrupted global oil and gas supplies. Misri, joining the deliberations through virtual mode, articulated New Delhi's stance on safety of international shipping lanes in the region. "As far as India is concerned, you very well know that we stand for free and open commercial shipping, and for maritime security in keeping with in ...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: External Affairs Minister S Jaishankar's visit to China has raised speculation about a possible thaw in relations post-Galwan. Visiting China after five years for the SCO Council of Foreign Minsters' Meeting, Jaishankar apprised Chinese President Xi Jinping on Tuesday of the recent developments in bilateral ties. He also met his Chinese counterpart, Wang Yi. He stated on X that ties could move towards a "positive trajectory," and India remained committed to "ensuring good outcomes and decisions." About The Developments The developments come after foreign secretary Vikram Misri met ...Read More >
Addressing a gathering of Indian diaspora earlier, he said his presence at the swearing-in ceremony underscored India's "steadfast support for the government and people of Seychelles". Vice-President C P Radhakrishnan attended the swearing-in ceremony of the President of Seychelles, Dr Patrick Herminie, in Victoria, Seychelles on Sunday on behalf of India. In a post on X, the V-P's office said he had conveyed his greetings and best wishes to the new President on behalf of the government and peo ...Read More >
New Delhi: More than 1,200 Indian nationals have been safely evacuated from Iran amid the ongoing conflict in West Asia, the Ministry of External Affairs (MEA) said. Addressing an inter-ministerial briefing in the national capital, MEA spokesperson Randhir Jaiswal said the evacuation is being carried out through Armenia and Azerbaijan, with the Centre closely coordinating efforts on the ground. "Some 1,200 Indian nationals have been evacuated, out of which 845 are students. 996 moved to Armenia and 204 to Azerbaijan, from where they are being helped by the MEA," Jaiswal said. He further add ...Read More >
* Iran has allowed India-flagged tankers to pass through the Strait of Hormuz after talks. * Two Indian tankers, Pushpak and Parimal, are safely transiting the strategically vital strait. * A Liberian-flagged tanker with an Indian captain cleared the strait and docked in Mumbai. Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Iran has dismissed reports claiming Tehran has allowed India-flagged tankers to pass through the Strait of Hormuz amid a worsening global energy ...Read More >
India and Iran have been in touch in recent days over issues related to maritime movement and energy security, the government said on Thursday. Ministry of External Affairs spokesperson Randhir Jaiswal said S Jaishankar and Iran's foreign minister had spoken three times recently. "Iran foreign minister and India's Jaishankar have had 3 phone calls in recent days to discuss safe passage of ships, energy security," Jaiswal said. India has been closely monitoring developments in West Asia as tens ...Read More >
New Delhi [India], March 30 (ANI): Prime Minister Narendra Modi has engaged in high-level discussions with global leaders to address pressing international issues, including the ongoing conflict in West Asia, the spokesperson of the Ministry of External Affairs, Randhir Jaiswal said on Monday. As part of these engagements, on March 28, the Prime Minister held talks with the Crown Prince of Saudi Arabia, Prince Mohammed bin Salman, Jaiswal said. Also Read | Ellie Crampsie Drug Case: Influencer Faces Jail Over 150,000 Pounds Cannabis Smuggling at Edinburgh Airport. Addressing an interminister ...Read More >