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 2 (ANI): Secretary (Petroleum) chaired a meeting with Additional Chief Secretaries and Principal Secretaries (Food & Civil Supplies) of all States and Union Territories to review the fuel supply situation across the country, the government said in a release. "He briefed the states/UTs on steps taken by the Government to ease the supply of essential petroleum fuels and also appreciated respective states/UTs to work alongside the central Government to deal with the evolving situation". Secretary (Petroleum) stressed that States/UTs must actively manage and prioritise LPG distribution to ensure uninterrupted supply for domestic consumers and essential sectors. "States were also advised to maintain strict vigilance against hoarding, diversion, and the spread of misinformation that could trigger unnecessary panic" States such as Uttar Pradesh, Gujarat, Haryana, Delhi, Maharashtra and Andhra Pradesh were commended for proactive enforcement actions, including raids to curb irregularities. Other States were urged to further "strengthen monitoring and enforcement and take exemplary action on offenders. States were also requested to "actively thwart attempts to mislead and spread false rumours with regard to supplies" On reports concerning FTL LPG supplies to migrant workers, States clarified that "there is no disruption in LPG supply affecting migrants and that supplies remain stable. Secretary informed that states may consider managing targeted distribution of 5 kg FTL LPG cylinders, based on local requirements alongwith OMCs. On LPG for autos, it was clarified that "efforts are ongoing to meet this demand, and autos that can run both on LPG and petrol should be encouraged to use the later". Secretary (Petroleum) appreciated the cooperation of all States and UTs and called for continued close monitoring to ensure supply stability and maintain public confidence. (ANI)
Bhubaneswar, Dec 18 (PTI) Ahead of BJD's 28th foundation day on December 26, its chief Naveen Patnaik on Wednesday urged members to remain dedicated to serving the people of Odisha, while the party announced a mass demonstration in Bhubaneswar on January 6 to highlight the price rise of essential commodities and other issues. Patnaik asked party supporters to "raise voice against the BJP government's 'anti-people' policies" and also highlight the impact of high inflation, which hits the poor and middle class. "The party leaders and workers need to create awareness among people on the state B ...Read More >
Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...Read More >
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 >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
New Delhi [India], June 28 (ANI): The Union Ministry of Cooperation is set to organise a 'Manthan Baithak' of Cooperation Ministers of States and Union Territories (UTs) on June 30 at Bharat Mandapam, New Delhi. The Manthan Baithak will be chaired by the Union Home Minister and Minister of Cooperation, Amit Shah. Also Read | Indian Astronaut Shubhanshu Shukla Describes Life on ISS During Video Interaction With PM Narendra Modi, Says 'From Here, We See Sunrise and Sunset 16 Times a Day' (Watch Video). This significant event will witness the active participation of Cooperation Ministers and A ...Read More >
Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a ₹10 lakh insurance policy, ₹1 lakh for daughters' marriages, a biannual ₹2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.Ahead of crucial Delhi assembly polls, Arvind Kejriwal promised several measures for auto dri ...Read More >
Leh (Ladakh) [India], January 8 (ANI): Padma Desal delivered a stellar performance, scoring six goals to lead Sham Eagles to a commanding 8-3 victory over Chiktan Queens in the women's category of the Ice Hockey League Season 2. The Eagles kicked off their campaign impressively, setting a new season record for the highest-scoring match. In the men's category, Changthan Shans maintained their perfect start, defeating Zangskar Chadar Tamers 7-2 to remain unbeaten after three games. Purig Warriors ended Sham Wolves' unbeaten streak with an impressive 5-2 victory, while the match between Humas War ...Read More >
Warangal (Telangana) [India], June 28 (ANI): A man poured petrol on his 60-year-old mother and set her on fire while she was sleeping alone at her house in Gangadevpalli in Telangana's Warangal district, police said on Saturday. The horrific act is believed to be a result of an ongoing property dispute with his mother, which has been escalating over the past three months. Also Read | From 'Gajar Ka Halwa' to 'India Appears Bigger and More Majestic From Space': Here Is Full Text of Astronaut Shubhanshu Shukla's Interaction With PM Narendra Modi. According to Sangem police station officials, ...Read More >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...Read More >
Shimla (Himachal Pradesh) [India], June 26 (ANI): Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Thursday has directed all the Deputy Commissioners of the State to stay alert and ensure 24/7 availability for the public to deal with the unfolding situation efficiently, keeping in view the adverse weather conditions. According to an official statement from the Chief Minister's Office (CMO), while reviewing the situation in the State with district administrations virtually from Shimla today, he asked all Deputy Commissioners to conduct relief and rehabilitation operations for a ...Read More >
Hyderabad: The much-awaited Shilpa Layout Phase 2 flyover is finally open to the public. Telangana chief minister inaugurated the flyover at Gachibowli on Saturday, June 28. Named after late senior Congress leader and five-time MLA P Janardhan Reddy, the 1.2 km-long six-lane bi-directional flyover has been built at a cost of Rs 182.72 crore. Built under the Strategic Road Development Programme (SRDP), the new PJR flyover promises smoother vehicular movement between ORR, Kondapur, Hafeezpet, Hitech City, and the Financial District. Addressing the crowd, CM Revanth stated that more flyovers a ...Read More >
New Delhi [India], December 12 (ANI): The Index of Industrial Production (IIP) growth rate for October 2024 registered a modest increase to 3.5 per cent, up from 3.1 per cent in September 2024, according to the Quick Estimates released on December 12. According to the Ministry of Statistics & Programme Implementation, sectoral analysis reveals mixed performances. Mining, Manufacturing, and Electricity sectors reported growth rates of 0.9 per cent, 4.1 per cent, and 2.0 per cent, respectively. The manufacturing sector demonstrated resilience, with 18 out of 23 industry groups at the 2-digit N ...Read More >
Panchkula (Haryana) [India], December 17 (ANI): Haryana Chief Minister Nayab Saini on Tuesday welcomed the 'One Nation, One Election' bill stating that One Nation One Election will create a balance between speed of work and finances. He also dismissed opposition protests over the bill saying that Congress opposes every good initiative, that's their only agenda. Speaking to mediapersons, the Haryana Chief Minister said, "Continuous elections cost a lot and slow down development and progress. One Nation One Election will create a balance between speed of work and finances. This bill should be ...Read More >
Srinagar, June 7: Jammu and Kashmir Lieutenant Governor Manoj Sinha, on Saturday, congratulated the University of Kashmir for getting an A++ grade in the NAAC inspection. The Lt Governor extended his heartiest congratulations to the Vice Chancellor, faculty, staff, and students of the University of Kashmir for attaining the prestigious A++ Grade by the National Assessment and Accreditation Council (NAAC), and securing an outstanding Cumulative Grade Point Average (CGPA) of 3.68 on a seven-point scale. Calling it a proud moment for J&K UT, the Lt Governor said, "The A++ Grade places the Un ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
Ahmedabad, June 27: Union Home Minister Amit Shah began his Gujarat visit on a spiritual note early Friday morning by participating in the Mangala Aarti at the historic Shri Jagannathji Temple in Jamalpur, Ahmedabad. The visit coincides with the auspicious occasion of the annual Shri Jagannath Rath Yatra, a major religious event that draws thousands of devotees every year. Arriving at the temple at 3:15 a.m., HM Shah joined in the sacred rituals and offered prayers to Mahaprabhu Jagannath. Sharing his experience on social media platform X, he posted, "On the sacred occasion of Rath Yatra, par ...Read More >
New Delhi [India], June 27 (ANI): Bharatiya Janata Party's Jangpura MLA Tarvinder Singh Marwah on Friday wrote a letter to Delhi's Lieutenant Governor Vinai Kumar Saxena and Chief Minister Rekha Gupta, requesting the temporary closure of meat and fish shops along Kanwar Yatra routes during the upcoming holy month of Sawan. In his letter, Marwah highlighted that the Kanwar Yatra is a matter of deep religious faith, during which devotees of Lord Shiva collect sacred water from Haridwar and other holy sites to perform Jalabhishek of Shivlings in their hometowns. He urged the government to maint ...Read More >
New Delhi [India], June 28 (ANI): India has rejected 'supplemental award' by the 'illegal Court of Arbitration' concerning the Kishenganga and Ratle hydroelectric projects in Jammu and Kashmir, saying 'this latest charade at Pakistan's behest' is yet another desperate attempt' by Islamabad to escape accountability for its role as the global epicentre of terrorism. 'The illegal Court of Arbitration, purportedly constituted under the Indus Waters Treaty 1960, albeit in brazen violation of it, has issued what it characterizes as a 'supplemental award' on its competence concerning the Kishenganga ...Read More >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
New Delhi [India], December 3 (ANI): Oilfields (Regulation and Development) Amendment Bill, 2024 to expand the definition of mineral oils and include petroleum and natural gas passed in the Rajya Sabha on Tuesday. The bill was introduced by Union petroleum and natural gas minister Hardeep Singh Puri for consideration and passing. The Bill will regulate the exploration and extraction of natural gas and petroleum. The amended bill expands the definition of mineral oils to include petroleum and natural gas in it. Also Read | Pune: Doctors Perform Rare Laser Surgery on Woman Pregnant With Monoam ...Read More >
NEW DELHI: Highlighting a recent directive from the Central Board of Secondary Education (CBSE) on the establishment of 'sugar boards' in schools, the Food Safety and Standards Authority of India (FSSAI) has urged states to support and implement the initiative to help curb excessive sugar consumption among schoolchildren and foster healthier dietary habits from an early age. The matter was discussed during the 47th Central Advisory Committee (CAC) meeting of the FSSAI, held on May 27. According to the FSSAI, in response to Prime Minister Narendra Modi's call for urgent action against obesity ...Read More >
Alipurduar (West Bengal) [India], May 29 (ANI): Prime Minister Narendra Modi on Thursday laid foundation stone of City Gas Distribution project in Alipurduar and Cooch Behar districts in West Bengal on Thursday. The project, worth over Rs 1010 crore, aims to provide Piped Natural Gas (PNG) to more than 2.5 Lakh households, over 100 commercial establishments, and industries, and Compressed Natural Gas (CNG) to vehicular traffic by establishing around 19 CNG stations in line with the Minimum Work Program (MWP) targets stipulated by the Government. Also Read | Kerala Lottery Result Today 3 PM L ...Read More >
Thrissur (Kerala) [India], June 7 (ANI): Union Minister of State for Tourism & Petroleum and Natural Gas, Suresh Gopi, met actor Shine Tom Chacko at a private hospital in Thrissur. Malayalam actor Chacko was admitted to the hospital after he met with a road accident in Madurai, Tamil Nadu. Chacko and his family were in a car accident, in which the actor lost his father. South India International Movies Awards (SIIMA) took to X and extended condolences to Chacko and his family. SIIMA wrote, 'Malayalam actor Shine Tom Chacko was injured in a tragic car accident near Dharmapuri, Tamil Nadu. T ...Read More >
HYDERABAD: In a major move aimed at reducing pollution and improving urban transport in Hyderabad, the Telangana government has approved the introduction of 65,000 new eco-friendly auto rickshaws within the city limits and the Outer Ring Road (ORR). The decision, driven by Transport Minister Ponnam Prabhakar and aligned with Chief Minister Revanth Reddy's vision, is expected to contribute to environmental sustainability and employment generation. The state issued GO No. 263 relaxing the long-standing cap on new auto rickshaw permits within Greater Hyderabad. For over two decades, restriction ...Read More >
Leh (Ladakh) [India], January 8 (ANI): Padma Desal delivered a stellar performance, scoring six goals to lead Sham Eagles to a commanding 8-3 victory over Chiktan Queens in the women's category of the Ice Hockey League Season 2. The Eagles kicked off their campaign impressively, setting a new season record for the highest-scoring match. In the men's category, Changthan Shans maintained their perfect start, defeating Zangskar Chadar Tamers 7-2 to remain unbeaten after three games. Purig Warriors ended Sham Wolves' unbeaten streak with an impressive 5-2 victory, while the match between Humas War ...Read More >
New Delhi [India], February 5 (ANI): Hundreds of Pakistani Hindu refugees who have been living in Delhi cast their votes for the first time after being granted citizenship under the Citizenship Amendment Act. This marked a powerful moment in their journey from statelessness to citizenship. Interacting with ANI after exercising their voting rights, refugees expressed their happiness and said that they feel proud of being citizen of the country. Dhanwanti, one of the Pakistani refugees, now an Indian voter, said, "We came here from Pakistan...I voted for the first time here in India...I am fe ...Read More >
Hyderabad: The government announced on Saturday that it would grant permits for 65,000 green autorickshaws to ply within the Outer Ring Road (ORR) limits. Permission has been granted for operating 20,000 electric autorickshaws, 10,000 fuelled by CNG, 10,000 by LPG and 25,000 retro-fitted electric three-wheelers. No permissions shall be given to petrol or diesel autorickshaws. Earlier, no new autorickshaws were delivered or sold to people unless they submitted a certificate issued by the transport department that they had scrapped their old vehicles. Government's special chief secretary Vikas ...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 >
The National Investigation Agency (NIA) conducted searches at 32 locations across Jammu and Kashmir, targeting a terror conspiracy orchestrated by Pakistan-based outfits. These raids focused on residential premises of hybrid terrorists and overground workers linked to groups like TRF and others affiliated with LeT and JeM. The National Investigation Agency (NIA) carried out searches at 32 locations across Jammu and Kashmir on Thursday to probe a conspiracy hatched by Pakistan-based terror outfit ...Read More >
New Delhi: Delhi govt has geared up to enforce the ban on refuelling end-of-life vehicles, with plans to station enforcement teams from transport, traffic, and MCD to impound such vehicles.A senior official said that teams would be deployed at fuel stations to monitor the implementation and take action against such vehicles. The teams would be from MCD, the transport department enforcement wing, and traffic.The Standard Operating Procedures (SOP) issued to the pump owners says that there will be "immediate legal action by enforcement teams" when end-of-life vehicles are "identified". This woul ...Read More >