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.
TAFE annual sales FY26, Massey Ferguson India sales record, Eicher Tractors domestic growth, Lakshmi Venu TAFE statement, tractor industry growth India 2026, TAFE AGCO settlement update, agricultural mechanization trends India Tractors and Farm Equipment Limited (TAFE), India's second-largest tractor maker, reported its highest-ever annual sales, selling 2,14,951 units in FY26, driven by a strong product portfolio and steady demand across key agricultural regions. The company on Thursday said i
New Delhi, May 28 (SocialNews.XYZ) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the continuation of the interest subvention component under the modified interest subvention scheme (MISS) for loans to farmers during the financial year 2025-26, and approved the required fund arrangements, according to an official statement issued after the meeting. MISS is a Central sector scheme aimed at ensuring the availability of short-term credit to farmers at an affordable interest rate through Kisan credit cards (KCC). Under the scheme, farmers receive short-term loa ...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 >
The financial repercussions of Parliament disruptions are considerable, impacting both public resources and the productivity of the nation's legislative process. However, both the Lok Sabha and Rajya Sabha have cumulatively functioned for merely 2 hours, with daily disruptions and sloganeering resulting in adjournments. The Rajya Sabha faced disruptions today (December 2) as Vice Chairman Jagdeep Dhankhar expressed discontent over sloganeering by Opposition MPs. The protests, which centered around demands for discussions on key issues, forced the Vice Chairman to adjourn the session until 12 ...Read More >
Hyderabad, Dec 17 (UNI) Coromandel International Limited, India's leading agri-solutions provider, and Mahindra & Mahindra Limited Farm Equipment Sector (FES) business vertical, Krish-e, on Tuesday announced a partnership to extend Coromandel's drone spraying services, Gromor Drive, to Indian farmers. Currently, it is operational in seven key states Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra, Madhya Pradesh and Uttar Pradesh. Gromor Drive's operations are supported by RPTO-tra ...Read More >
New Delhi [India], May 28 (ANI): The Union Cabinet on Wednesday approved the continuation of the interest subvention component under the Modified Interest Subvention Scheme (MISS) for farmers for the financial year 2025-26, and approved required fund arrangements. It is a Central Sector Scheme aimed at ensuring the availability of short-term credit to farmers at an affordable interest rate through Kisan Credit card (KCC). Also Read | Parcel Bomb Case: Odisha Court Convicts Accused Punjilal Meher, Sentences Him to Life Imprisonment. Under the Scheme: Farmers received short-term loans of up t ...Read More >
Itanagar, Jun 7 (PTI) The flood situation in Arunachal Pradesh improved on Saturday with water levels of most rivers receding, even as 33,000 people in 24 districts remained affected, officials said. Twelve people lost their lives and one person went missing in rain-related incidents, including landslides, after the monsoon set in, they said. In its daily report, the State Emergency Operation Centre (SEOC) said 33,200 people in 215 villages remained affected due to floods and landslides in the state. The water levels of most major rivers and their tributaries were showing a receding trend o ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
New Delhi: India is set to overtake Japan to become the world's fourth-largest economy, but must not become complacent, as the country remains far behind Japan in GDP per capita terms, WEF's former MD Claude Smadja said. According to IMF data dated April 2025, India's GDP per capita of USD 2,878.4 is approximately 8.5 per cent of Japan's GDP per capita of USD 33,955.7, meaning Japan's per capita income is about 11.8 times higher than India's. "Yes, it (economy size) is a good indicator because it gives a notion of the economic weight of the country on the global balance. "No, it is not a go ...Read More >
Thiruvananthapuram: Kerala Governor Rajendra Arlekar has written a strongly worded letter to Chief Minister Pinarayi Vijayan, criticising General Education Minister V Sivankutty for walking out of a function held at Raj Bhavan on June 19. The Governor described the incident as a breach of protocol and an insult to the constitutional office. The letter, dated June 26, refers to an awards ceremony for the Bharat Scouts and Guides, where Sivankutty -- who also serves as President of the Association's Kerala chapter -- objected to the presence of a garlanded portrait of Bharat Mata on the stage, ...Read More >
New Delhi, Jun 27 (PTI) The higher oil prices triggered by a brief Israel-Iran war have come down, but it is too soon to sound the "all clear" for the rest of the year, said a finance ministry report on Friday. The ministry's monthly economic review also stressed that with no major imbalances in the macro aggregates, a subdued inflation rate combined with a growth-supportive monetary policy stance, India's macroeconomic health is in a relative goldilocks situation. Also Read | UK F-35B Lightning II Stealth Fighter Jet To Be Moved to Thiruvananthapuram Airport's Repair Facility As It Awaits R ...Read More >
The overall development of the country is not possible without the development of agriculture and farmers. The nation's economy can be strengthened by the development of agriculture, fishery production, and livestock, President Droupadi Murmu said on Thursday. Gracing the convocation ceremony of the Odisha University of Agriculture and Technology at Bhubaneswar, she said agriculture is facing new challenges such as natural disasters, adverse effects of climate change, decreasing per capita farm ...Read More >
Bhubaneswar: The Odisha Cabinet on Friday decided to implement two new schemes for the development of biotechnology and to enhance urban infrastructure. The Cabinet also gave its nod to a proposal to float a tender for Chheligada multipurpose medium irrigation project in Gajapati district. These proposals were approved at the Cabinet meeting chaired by Chief Minister Mohan Charan Majhi. "The two new schemes, named 'Development of Biotechnology' and 'Mukhya Mantri Sahari Bikash Yojana (MSBY)', aimed at creating employment and strengthening the State's economy," Chief Secretary Manoj Ahuja told ...Read More >
Delhi is facing worsening pollution and erratic weather patterns, with the air quality regularly reaching dangerous levels. This is partly due to climate change, with temperature rises and unpredictable rainfall patterns caused by global warming. The industrial revolution has played a significant role, contributing to the rise in global temperatures. The effects are already being felt, with 2024 witnessing record-breaking heat in India. Despite this, there is little action from society or leadership, with courts repeatedly stepping in to address issues like pollution and farm fires. The need f ...Read More >
Heavy rains across Tamil Nadu have led to school closures in several districts, including Chennai, on Thursday. The India Meteorological Department (IMD) has issued a yellow alert, predicting moderate rains and light thunderstorms in parts of the state. Rainfall figures show significant precipitation in multiple areas. Meanwhile, Northern India braces for a cold wave beginning December 9, with the IMD forecasting plunging temperatures in Rajasthan, Punjab, Haryana, and Uttar Pradesh.Schools acros ...Read More >
Mumbai, Dec 17 (PTI) Agri-solutions provider Coromandel International and Mahindra and Mahindra's farm equipment sector business vertical, Krish-e, on Tuesday announced a partnership to extend Coromandel's drone spraying services, Gromor Drive. Currently operational in seven key states of Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra, Madhya Pradesh and Uttar Pradesh, Gromor Drive's operations are supported by RPTO-trained pilots, according to a joint statement. Coromandel's drone services are positioned in the market through the support of its subsidiary, Dhaksha Unmanned Sy ...Read More >
NEW DELHI: The city is in for a spell of hot and dry days, with the India Meteorological Department (IMD) forecasting a gradual rise in maximum temperatures by up to 6 degree Celsius over the next five days. While the mercury is expected to cross 40 degree Celsius, no heatwave conditions are likely, officials said on Friday. According to the weather office, the maximum temperature at Safdarjung on Thursday was 38.2 degree Celsius, about 2 degree below the seasonal average. Minimum temperature stood at 25.6 degree Celsius, also slightly lower than the normal. Similar trends were observed acro ...Read More >
Haridwar (Uttarakhand) [India], June 8 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami addressed farmers during a rally in Haridwar on Sunday, highlighting various welfare schemes aimed at boosting agricultural development. 'Today, numerous welfare schemes are being implemented for the benefit of farmers. Recognizing agriculture as the backbone of development, the Kisan Credit Card limit has been raised to Rs 5 lakh,' CM Dhami said. During the rally, he also emphasized the government's commitment to the progress of the farmers. 'For 60 years, no significant decisions were made for far ...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 >
Mahindra's total sales volumes stood at 79,083 in November 2024 with the company's SUV lineup making up a major share of 46,222 units Mahindra has released its sales data for November 2024. Sales of the company's passenger vehicles have improved to 46,222 units which was a 15.16% YoY growth from 39,981 units sold in Nov 2023. This related to a 6,241 unit volume growth. MoM sales however fell by 15.20% when compared to 54,504 units sold in Oct 2024 relating to a decline by 8,282 units. The company has just released two Electric Origin SUVs called the BE6e and XEV9e. Both these models are buil ...Read More >
New Delhi: The southwest monsoon is expected to reach Kerala within the next four to five days, marking an early onset well ahead of the usual June 1 date, the India Meteorological Department (IMD) said on Tuesday. The IMD had earlier predicted that the monsoon would make landfall in Kerala by May 27. If the current forecast holds, this would be the earliest onset over the Indian mainland since 2009, when the monsoon arrived on May 23. "Conditions are likely to become favourable for monsoon onset over Kerala during the next four to five days," the IMD said in its afternoon update. Typically, ...Read More >
Bhubaneswar: The state cabinet, under the chairmanship of chief minister Mohan Charan Majhi, on Friday approved a comprehensive five-year biotechnology development scheme with an outlay of Rs 1,113.50 crore. The programme will be implemented from 2025-26 to 2029-30.The 'Development of Biotechnology' initiative, comprising 17 sub-schemes, aims to transform Odisha into a knowledge-driven bio-economy by leveraging the state's rich biodiversity and existing research infrastructure."This scheme will create a robust ecosystem for innovation, incubation and investment in the biotechnology sector," a ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Patna, Jun 26 (PTI) CPI(ML) Liberation general secretary Dipankar Bhattacharya has written to the Election Commission urging that the proposed "special intensive revision of electoral rolls in Bihar" be put on hold, the party said on Thursday. According to a statement issued by the party, the Left leader has termed the exercise as "impracticable" in the state where assembly elections are expected to be announced in a couple of months from now. In his letter, Bhattacharya has voiced apprehensions that the proposed revision in electoral rolls in Bihar would meet a fate similar to the National ...Read More >
New Delhi, Jun 27 (PTI) The higher oil prices triggered by a brief Israel-Iran war have come down, but it is too soon to sound the "all clear" for the rest of the year, said a finance ministry report on Friday. The ministry's monthly economic review also stressed that with no major imbalances in the macro aggregates, a subdued inflation rate combined with a growth-supportive monetary policy stance, India's macroeconomic health is in a relative goldilocks situation. The brief Israel-Iran war, followed by the US intervention, pushed the price of crude oil sharply higher, it noted. "Its persis ...Read More >
Mumbai, June 28 (SocialNews.XYZ) Raging controversy over the introduction of Hindi in Marathi and English schools from classes 1 to 5, the protests against the land acquisition for the Rs 86,300 crore Shaktipeeth Mahamarg, tabling of Public Security Act following the scrutiny of the joint select committee, damage caused to agriculture due to unseasonal rains and demand for from loan waiver are among the several issues which are going to be discussed during the three week monsoon session of Maharashtra Legislature starting from June 30 in Mumbai. Chief Minister Devendra Fadnavis said that the ...Read More >
Hyderabad: With the early onset of pre-monsoon showers, farmers across Telangana have started their agricultural activities ahead of schedule. However, the agriculture department is facing strong criticism for failing to provide adequate fertilizers and seeds necessary for the current season. According to officials, there is a significant shortfall in the availability of essential inputs like urea and cotton seeds, which may negatively impact crop planning and productivity across the state. Also Read: Madhuri Dixit Recalls 'Hum Aapke Hain Koun' Magic with Salman Khan as Monsoon Arrives For ...Read More >
New Delhi [India], June 6 (ANI): The Federation of Automobile Dealers Associations (FADA) on Friday released vehicle retail data for May, which revealed a modest rise of 5 per cent as compared to the same month last year. Segment-wise, two-wheeler was the best category, which performed, registering a rise of 7.3 per cent on a year-on-year basis, followed by three-wheeler (rise of 6.2 per cent), and the tractor segment registered a gain of 2.7 per cent on yoy basis.On the flip side, the Passenger Vehicle segment, Construction Equipment, and Commercial Vehicle declined by 3.1 per cent, 6.3 per c ...Read More >
India must ensure any trade deal with the U.S. is fair, not politically driven, and protects its farmers, digital ecosystem, and regulatory sovereignty, the Global Trade Research Initiative (GTRI) said on Friday. With India's chief negotiator in Washington and a July 9 deadline approaching (marking the end of U.S. President Donald Trump's 90-day tariff suspension), a limited mini-deal appears likely.Any trade agreement with the US must not be politically driven or one-sided and India should protect its farmers, digital ecosystem, and policy space, economic think tank GTRI said on Friday. With ...Read More >
(CNN) -- India's financial capital and one of its largest cities has experienced its wettest May in more than a century, with the unusually early arrival of the monsoon season causing a ferocious weekend downpour that turned roads into rivers and flooded a newly inaugurated underground train station. Mumbai, a city of more than 12 million, has recorded more than 400 millimeters of rainfall this month so far, according to data from the Indian Meteorological Department (IMD), with much of the downpour arriving late last weekend. The deluge caused chaos and delays across transport networks, inc ...Read More >
PUNE: Automobile dealers clocked a modest rise of 5 per cent year-on-year to 22.12 lakh units in the retail sale of total vehicles in May, buoyed by healthy two- and three-wheeler sales. However, passenger vehicle (PV) sales bucked the trend, slipping 3.1 per cent as rising inventory and cautious consumer behaviour signalled a pause in demand recovery, the Federation of Automobile Dealers Associations or FADA data showed on Friday. The PV registrations last month stood at 3,02,214 units, as compared to 3,11,908 units in May 2024. FADA said that customers delayed purchases in several states d ...Read More >