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 ministry of external affairs on Thursday confirmed that India will be involved in talks, on opening the Strait of Hormuz, hosted bu UK."The UK side has invited several countries, which also include India, for talks on the Strait of Hormuz. From our side, the Foreign Secretary is attending the meeting this evening," said MEA spokesperson Randhir Jaiswal on X.Further insisting on safety he added, "We are in touch with Iran and other countries there to see how best we can get unimpeded transit and safe transit for our ships, which are carrying products including LPG, LNG and other products. Through this conversation that we have had over the last several days, we have had six Indian ships which have been able to safely cross the Strait of Hormuz, and we continue to be in touch with relevant parties."This comes as UK PM Keir Starmer, earlier this week announced that his country will host a meeting of around 35 countries later this week to discuss reopening the strategic Strait of Hormuz.The meeting will "assess all viable diplomatic and political measures that we can take to restore freedom of navigation, guarantee the safety of trapped ships and seafarers and resume the movement of vital commodities," he said during a press conference at Downing Street.He added that UK Foreign Secretary Yvette Cooper will host the discussions, which aim to bring countries together to push "as one for maritime security across the Gulf."
BALASORE: In a heart-wrenching incident, a man was forced to carry his 17-year-old daughter's body on a trolley rickshaw for around 7 km to a community health centre in Balasore's Baliapal for postmortem after reportedly failing to afford an ambulance. Asha Bindhani, a minor girl suffering from mental illness, reportedly died by suicide on Thursday afternoon in Deula village under Baliapal police limits. After spotting her, locals informed her father Madhu Bindhani and the police. Madhu, a daily wage labourer, rushed to the spot and found his daughter dead. Shortly after, police arrived and ...Read More >
NEW DELHI: Prime Minister Narendra Modi will undertake a two-nation visit to the United Kingdom and the Maldives from July 23 to 26, the ministry of external affairs (MEA) announced on Sunday. The visit aims to bolster India's economic, strategic and regional partnerships with both countries.PM Modi will be in the UK on July 23 and 24 at the invitation of British Prime Minister Keir Starmer. This marks his fourth visit to the country and his first since 2018. According to the MEA, PM Modi will hold wide-ranging discussions with Starmer covering trade, defence, climate, innovation, and educatio ...Read More >
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 >
Keir Starmer, who has just embarked on a keenly-watched India visit, has been accompanied by more than 100 business leaders from Britain. According to some reports, this is the largest-ever trade mission from the UK to India. The stated aim of the delegation is to boost the 2025 Free Trade Deal between India and UK, with a target taking bilateral trade to $100 billion by 2030. The UK Prime Minister arrived in Mumbai on Wednesday ahead of his scheduled meeting with Prime Minister Narendra Modi. ...Read More >
He added: "Indian companies source energy supplies from around the world while taking overall market conditions into account. We would stress that there should be no double standards, especially when it comes to energy trade." Nayara Energy has come under the lens of Western governments given that 49.13 percent of the Indian company is owned by Russia's petroleum giant Rosneft. Nayara, formerly Essar Oil Ltd, operates a refinery at Vadinar in Gujarat, which was hit with sanctions by the European Union (EU) in July this year. The latest sanctions imposed by the UK will impact 90 entities, inc ...Read More >
New Delhi, Oct 27 (PTI) Vice President C P Radhakrishnan on Monday called on President of Seychelles Patrick Herminie and underlined to him India's intent and desire to "further the long-standing ties" of kinship and cooperation between the two nations. He also handed over an invitation from Prime Minister Narendra Modi to Herminie to visit India at a time of mutual convenience, Foreign Secretary Vikram Misri said. The Ministry of External Affairs (MEA) posted on X a video of Misri sharing the details of Radhakrishnan's visit to Seychelles from October 26-27. The vice president, who arrived ...Read More >
New Delhi, June 7 (SocialNews.XYZ) David Lammy, Foreign Secretary of the United Kingdom, called on Prime Minister Narendra Modi in New Delhi on Saturday, conveying the UK's strong interest in further enhancing cooperation across key sectors and also expressing support for India's fight against cross border terrorism while strongly condemning the April 22 Pahalgam terror attack. "Pleased to meet UK Foreign Secretary Mr. David Lammy. Appreciate his substantive contribution to the remarkable progress in our Comprehensive Strategic Partnership, further strengthened by the recently concluded FTA. ...Read More >
New Delhi, Oct 3 (SocialNews.XYZ) The Ministry of External Affairs (MEA) on Friday confirmed that Afghanistan's Foreign Minister Amir Khan Muttaqi will be on an official visit to India from October 9-16. While addressing a media briefing in New Delhi, MEA spokesperson Randhir Jaiswal said that the United Nations Security Council (UNSC) Committee has granted exemption for Muttaqi's travel to India. "All of you would have seen the exemption that has been granted by the UN Security Council Committee for the travel of Afghan Foreign Minister to New Delhi from October 9 to 16. This public informa ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
Bengaluru (Karnataka) [India], June 7 (ANI): Two top Karnataka State Cricket Association (KSCA) officials -- secretary A Shankar and treasurer ES Jairam -- resigned from their posts during an emergency managing committee meeting held on Saturday, accepting 'moral responsibility' for stampede near M Chinnaswamy Stadium in Bengaluru. The incident occurred during celebrations following Royal Challengers Bengaluru's (RCB) maiden IPL title win and claimed 11 lives and left dozens injured. KSCA President Raghuram Bhat confirmed the development, saying that the resignations were discussed and accep ...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: Afghan Foreign Minister Amir Khan Muttaqi's arrival in New Delhi has placed Indian diplomats in a complex protocol quandary. It is whether to display the Taliban flag alongside the Indian Tricolour during his scheduled meeting with External Affairs Minister S Jaishankar on Friday, October 10, or not. India does not officially recognise the Taliban government, making the question of flag placement a sensitive issue that carries both symbolic and political weight. Here's why India doesn't recognise the Taliban flag Since the Taliban seized control of Kabul in 2021, India has refrai ...Read More >
New Delhi [India], June 26 (ANI): The Ministry of External Affairs (MEA) on Thursday said that it is keeping a constant watch on developments in India's neighbourhood, especially in light of the recent trilateral meeting involving China, Pakistan, and Bangladesh. Speaking at a press briefing, MEA Spokesperson Randhir Jaiswal said, 'We maintain a constant watch on the developments in our neighbourhood that have a bearing on our interests and our security, our relations with individual countries, while they stand on their own footing, take into account the evolving context as well.' The meetin ...Read More >
New Delhi: External Affairs Minister (EAM) S. Jaishankar will be on a three day visit to China starting July 13, sources in the Ministry of External Affairs (MEA) revealed on Friday. They stated that EAM Jaishankar will begin his China visit from Beijing and then visit Tianjin for the Foreign Minister's Meeting of the Shanghai Cooperation Organisation (SCO) member countries. China is the current Chair of the grouping. While the External Affairs Minister has met his Chinese counterpart on the sidelines of multilateral events, this would be his first trip to China since bilateral relations wer ...Read More >
India's U.S. Crude Oil Imports Surge 51 Per Cent Following Trump's Return To Office: Sources Sunday, August 03, 2025 by Indian Defence News Since President Donald Trump resumed office for his second term, India has significantly increased its crude oil imports from the United States, marking a substantial shift in its energy procurement strategy. From January to June 2025, India's imports of US crude oil averaged 0.271 million barrels per day (mb/d), a 51% increase compared to 0.18 mb/d in the same period in 2024. This growth was even more pronounced in the April-June 2025 quarter, which sa ...Read More >
New Delhi is set to take a hard line on Pakistan-sponsored terrorism at the upcoming Shanghai Cooperation Organisation (SCO) summit in China next week, insisting that the joint declaration must carry a strong condemnation of terrorism, including cross-border attacks. The Ministry of External Affairs on Tuesday made it clear that India will not allow terrorism, particularly the kind perpetrated from across the border, to be glossed over in the summit's final communique. "As far as the declaratio ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...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 >
New Delhi, Jun 30: India and Bhutan held the latest round of Development Cooperation Talks in New Delhi on June 30, 2025, reaffirming their enduring partnership based on trust, mutual understanding, and deep people-to-people ties. The Indian delegation was led by Secretary (West) in the Ministry of External Affairs, Tanmaya Lal, while Foreign Secretary Aum Pema Choden headed the Bhutanese side. The meeting served as a key bilateral mechanism to review the full spectrum of India's development assistance to Bhutan, aligned with the priorities of Bhutan's 13th Five Year Plan (2024-2029). The Gov ...Read More >
New Delhi: India on Thursday strongly reiterated that its energy import decisions are driven by domestic consumer interests, rejecting US President Donald Trump's statement that Prime Minister Narendra Modi had "assured" him that India would cease buying Russian oil. Trump, speaking to reporters at the White House on Wednesday, said: "I was not happy that India was buying oil. And he (Modi) assured me today that they will not be buying oil from Russia. That's a big stop." He further added, "There will be no oil. He's not buying oil," clarifying that the shift "would not take place immediatel ...Read More >
New Delhi: Prime Minister Narendra Modi met with UK Foreign Secretary David Lammy on Saturday, discussing the growing momentum in bilateral ties between India and the UK. The meeting follows the successful conclusion of the India-UK Free Trade Agreement (FTA) and the Double Taxation Avoidance Agreement. According to the Ministry of External Affairs (MEA), PM Modi expressed satisfaction at the progress made in the India-UK Comprehensive Strategic Partnership. He welcomed the continued collaboration under the Technology Security Initiative, which aims to shape trusted and secure innovation ecos ...Read More >
New Delhi [India], June 8 (ANI): UK Foreign Secretary David Lammy's visit to India provided a valuable opportunity to sustain the high-level engagement between the two countries and to further consolidate the India-UK Comprehensive Strategic Partnership, the Ministry of External Affairs noted in a statement on Saturday. As per the statement issued by the MEA, UK Foreign Secretary David Lammy paid an official visit to India on June 7. This was his second official visit to India in his capacity as UK Foreign Secretary. During the visit, UK Foreign Secretary called on Prime Minister Narendra Mod ...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 >
New Delhi: India responded on Friday to recent sanctions announced by the European Union, stating that it does not subscribe to any unilateral sanction measures and emphasising the importance of avoiding double standards, especially in the domain of energy trade. The 18th package of sanctions by the 27-nation EU included a set of measures largely aimed at curbing the revenues of Russia's oil and energy sector, such as an import ban on refined petroleum products made from Russian crude oil and coming from any third country. The measures also included a reduction of the oil price cap from USD ...Read More >
Meet Woman, Once Served Food, Struggled To Pay Rent, Later Became CEO Of US Tech Giant Valued At Rs 2,14,66,95,60,000 -- Find Out Her Net Worth Prime Minister Narendra Modi will undertake a two-day official visit to the United Kingdom from July 23 to 24 at the invitation of UK Prime Minister Keir Starmer, marking Modi's fourth visit to the country, the Ministry of External Affairs (MEA) said in a statement on Sunday. Notably, Prime Minister Modi's visit to the UK comes amid speculation that the ...Read More >
Kerala Lottery Result SAMRUDHI SM 12 Results Live: The first winner of today's lottery game- SAMRUDHI SM 12 lottery- takes home Rs 1 crore as a cash prize. The Kerala lottery is one of the most trusted games in the country. Kerala Lottery Result Sunday 20-07-2025: The Kerala lottery is back with another fun game- that may lead you to win Rs 1 crore! The results for today's Kerala lottery games- SAMRUDHI SM 12 Sunday- are announced. The Kerala lottery results are announced here, so people with tickets for today's game can stay in touch with this live blog. Samrudhi Lottery Series: MN, MO, MP, ...Read More >
But he said there were no plans to open up more visa routes to Indian workers or students. "The issue is not about visas," Sir Keir said. "It's about business to business engagement and investment and jobs and prosperity coming into the United Kingdom." The UK's trade deal with India was signed in July after years of negotiation. It will mean UK cars and whisky will be cheaper to export to India, and Indian textiles and jewellery cheaper to export to the UK as part of the multi-billion pound t ...Read More >
HYDERABAD: A 37-year-old man from Khairatabad, Hyderabad, Mohammed Ahmed, has allegedly been defrauded by a job agent and sent to Russia, where he has reportedly been drafted to fight in the war against Ukraine. "He has been given a weapon and asked to fight in the war against Ukraine. His last known location is near the Ukraine border. Our request to the government is that he should be helped and brought back to India," Firdous Begum, a close relative of Ahmed, told TOI on Thursday. Ahmed, who u ...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: British Foreign Secretary David Lammy will pay a two-day visit to India beginning Saturday to review bilateral ties in areas of trade as well as defence and security. Lammy will hold wide-ranging talks with his Indian counterpart S Jaishankar, and is scheduled to call on Prime Minister Narendra Modi, officials said on Friday. The British foreign secretary will also meet Commerce Minister Piyush Goyal. Lammy's visit to New Delhi comes over a month after the two countries finalised an ambitious free trade agreement (FTA). It is learnt that his visit is also expected to focus on prepa ...Read More >