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.
Hyderabad: Telangana Chief Minister Revanth Reddy on Thursday said the state aims to emerge as South Asia's leading textile capital by 2047, calling on industrialists to partner in transforming the sector. Speaking at the 13th Asian Textile Conference (ATEXCON 2026), jointly organised by the state government and the Confederation of Indian Textile Industry, the Chief Minister released the ATEXCON-2026 report and outlined the government's long-term vision for the textile industry. He highlighted Telangana's rich textile heritage, noting that the sector is deeply rooted in the state's culture and economy, with renowned products such as Pochampally Ikat, Gadwal sarees, Warangal durries, and Narayanpet handlooms. He emphasized that Telangana is one of the leading cotton producers in the country, known globally for its quality. The Chief Minister said the government is developing world-class infrastructure, including the Kakatiya Mega Textile Park in Warangal, and is providing industry-friendly policies, quick clearances, and support in land, power, and water to attract investments. Reiterating the vision of "Telangana Rising 2047," he said the state aims to become a $1 trillion economy by 2034 and a $3 trillion economy by 2047. He also stressed the importance of sustainability, announcing plans to develop green textile hubs and promote skill development, especially for women. Inviting global investors, he said Telangana offers a strong ecosystem, skilled workforce, and a progressive policy framework, urging stakeholders to collaborate in building a globally competitive textile industry.
Hyderabad: Principal Secretary to Government, Municipal Administration and Urban Development (MA&UD) department M Dana Kishore has been given full additional charge (FAC) for the post of principal secretary to the Governor. With Kishore taking charge, B Venkatesham, who was serving the post earlier, has been relieved, said a statement from chief secretary A Santhi Kumari. On December 2, Dana Kishore, an Indian Administrative Service (IAS) officer from the 1996 batch, was appointed as the nodal officer tasked with coordinating efforts across various departments for projects related to the Osm ...Read More >
Hyderabad, Dec 5 (Maxim News): Chief Minister Revanth Reddy launched the Indiramma House Survey mobile application on Thursday morning. The selection of the beneficiaries of the housing scheme will be done from tomorrow (Friday) through this app. Click Here To Join Us On WhatsApp Speaking on this occasion, Chief Minister Revanth Reddy said that the Indiramma house scheme was started with Rs. 10 thousand. Today it has reached Rs. 5 lakh. He said that they are providing financial assistance at the rate of Rs. 5 lakh to each poor person for the construction of a house. It is everyone's dream t ...Read More >
Hyderabad (Telangana) [India], December 5 (ANI): BRS leader Dasoju Sravan Kumar on Thursday criticized Telangana CM Revanth Reddy, calling him a "colossal failure" in his role as CM. Speaking to ANI, Dasoju accused CM Reddy for "destroying the people of Telangana." "Police repression is the final refugee of a failing ruler. Unfortunately in Telangana, Revanth Reddy has turned out to be a colossal failure in Telangana as a CM...there is no people's governance in Telangana...what is happening here? I want to ask Rahul Gandhi, how did you make such a man the CM of Telangana...he is destroying t ...Read More >
Hyderabad: Assembly speaker Gaddam Prasad Kumar on Wednesday said he will consider the request for introducing the 'Best MLA' Award on the lines of 'Best Parliamentarian'. Meanwhile, legislative affairs minister D Sridhar Babu criticised BRS MLCs and MLAs for boycotting the first orientation programme for first-time legislators in the last 10 years in Telangana. Sridhar Babu said it was a two-day programme and that BRS members should attend it at least on the second day, Thursday, at MCRHRD Ins ...Read More >
Belagavi (Karnataka) [India], December 13 (ANI): Karnataka Legislative Council LoP Chalavadi Narayanaswamy on Friday expressed support for the 'One Nation, One Election' and questioned the opposition's protests against the proposal. Narayanaswamy said that 'One Nation, One Election' will ease the government's financial burden and reduce election costs, urging everyone to support the initiative. Also Read | Telangana Handcuffing Controversy: Tribal Farmer Taken To Sangareddy Hospital in Handcuffs by Police, CM Revanth Reddy Orders Inquiry (Watch Video). Speaking to ANI, Chalavadi Narayanaswa ...Read More >
HYDERABAD: A delegation from the Telugu film industry, including actors, directors and producers, led by Telangana Film Development Corporation (TGFDC) Chairman Dil Raju is expected to meet Chief Minister Revanth Reddy on Thursday to thaw the speculated strained ties between the ruling dispensation and the tinseltown following the arrest of top actor Allu Arjun. Deputy Chief Minister Mallu Bhatti Vikramarka, Health Minister Damodar Raja Narasimha and Minister of Cinematography Komatireddy Venkat Reddy are likely to join the CM during the meeting. The 42 year-old star was arrested recently in ...Read More >
Hyderabad: The BJP's OBC morcha president Dr K. Laxman said the caste census undertaken by the Telangana government is full of loopholes. He characterised it as incomplete, unscientific and not rooted in reality. Addressing the media, he said, "If Chief Minister Revanth Reddy was serious about social justice, he should have made a law and tried to implement it. This is hypocrisy of the party on the OBCs. The percentage of BCs has come down and it should be seen as a measure meant to suppress the BCs. It reflects the Congress party's mentality. They used words like Hindu BCs and Muslim BCs whi ...Read More >
HYDERABAD: Amid a rising controversy over US President Donald Trump's claim of having negotiated a ceasefire between India and Pakistan after Operation Sindoor, Telangana chief minister A Revanth Reddy on Wednesday claimed that the Narendra Modi government succumbed to pressure from Trump and backed down from the opportunity to crush terrorism and defeat Pakistan following the Pahalgam terrorist attack.Former Prime Minister Indira Gandhi had turned down the US President's offer to mediate and stop the war with Pakistan in 1971. It is unfortunate, Revanth said, that the present US President cla ...Read More >
Vijayawada (Andhra Pradesh) [India], May 22 (ANI): Former Andhra Pradesh Chief Minister and YSRCP president YS Jagan Mohan Reddy on Thursday launched a scathing attack on the current TDP-led government in the State, accusing Chief Minister Chandrababu Naidu of failing to deliver on pre-election promises and engaging in financial mismanagement. The former chief minister also took aim at what he called the "yellow media" for biased reporting in favour of the ruling party. "I am not only fighting against Chandrababu Naidu but also against the 'yellow media'," Reddy said in a press conference. ...Read More >
New Delhi [India], November 18 (ANI): Bharatiya Janata Party leader and in-charge of the party's National IT Department, Amit Malviya, on Monday, criticised the Congress party's 'hypocrisy' over their stance on the Adani Group, pointing to past investments and agreements made with the corporate conglomerate by Congress-ruled states. Taking to social media platform X, Malviya referenced Telangana Chief Minister Revanth Reddy's recent "public admission of accepting money" from the Adani Group on November 10, 2024, pointing out that this acknowledgment contradicted Congress leader Rahul Gandhi's ...Read More >
Hyderabad (Telangana) [India] November 18 (ANI): Bharatiya Janata Party MP K Laxman slammed Telangana Chief Minister Revanth Reddy, accusing the Congress party of 'misleading' people. He further said that the people of Maharashtra know "how to teach a lesson" to Congress. "Revanth Reddy as a CM of Telangana and as a Congress leader is misleading the public. Maharashtra people are clever enough they know how to teach a lesson to these Congress people and Revanth Reddy you will come to know what has happened in Haryana that is going to be repeated in Maharashtra, and Jharkhand also," K Laxman ...Read More >
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Chief Minister A. Revanth Reddy has announced that the Telangana Government will seek the Central Government's assistance for the construction of Indiramma houses to fulfil the Congress promise of providing houses to all shelterless families. 4.5 lakh houses, ₹5 lakh assistance The government has taken up construction of 3,500 houses each in the 119 assembly constituencies totalling to 4.5 lakh houses in the first phase and has decided to provide financial assistance of ₹5 lakh in four inst ...Read More >
Hyderabad (Telangana) [India], December 26 (ANI): A meeting between Telangana Chief Minister Revanth Reddy and directors, producers, and actors from the Tollywood industry is underway at Telangana State Police Command and Control Centre at Banjara Hills in Hyderabad. The delegation of influential people from Tollywood is led by Telangana Film Development Corporation (FDC) chairman Dil Raju. Among other attendees are actors like Nagarjuna, Varun Tej, Sai Dharam Tej, Kalyan Ram, Shiva Balaji, Adavi Sesh, Nithin, and Venkatesh. Also Read | Agra Shocker: Posing as RAW Agent, Gym Trainer Rapes Ca ...Read More >
New Delhi [India], December 4 (ANI): The GSEC in Hyderabad will be the first of its kind in the APAC region after Tokyo and only the fifth globally, with similar facilities in Dublin, Munich, and Malaga, according to a statement. This GSEC is a specialised international cybersecurity hub designed to play a crucial role in developing advanced security and online safety products tailored for the Indian context. The centre will focus on cutting-edge research, AI-driven security solutions, and creating a collaborative platform for leading experts and researchers in cybersecurity. It also aims to ...Read More >
Kottayam (Kerala), Dec 12 (PTI) The historic struggle for equality that took place in Vaikom a century ago, popularly known as the Vaikom Satyagraha, was not a movement confined to Kerala but marked the starting point for various other struggles for social justice, Tamil Nadu Chief Minister M K Stalin said on Thursday. In his address at Vaikom in this district after inaugurating the renovated Thanthai Periyar Memorial and Periyar Library, Stalin said that while impressive strides have been made in areas of social justice and economy in 100 years, a lot more has to be achieved. Stalin inaugur ...Read More >
As part of the World Economic Forum (WEF) summit in Davos, Telangana Chief Minister A. Revanth Reddy inaugurated the 'Grand Indian Pavilion' alongside Union Ministers Chirag Paswan and Jayant Sinha, as well as Kerala Minister P. Rajeev. Several senior officials and prominent figures from various states were also present at the event. During the inauguration, Telangana IT Minister Duddilla Sridhar Babu extended an invitation to global investors, encouraging them to invest in Telangana. He highlighted the state's focus on key sectors such as Information Technology, Biotechnology, Agro-Processin ...Read More >
Karimnagar: The state government is making significant progress in tackling the unemployment problem, while simultaneously fostering regional development, said irrigation minister N. Uttam Kumar Reddy, Karimnagar district in-charge, here on Monday. He was addressing a rally that was taken out by the Congress for the Graduate MLC seat candidate V. Narendar Reddy from SRR College grounds to the collectorate, where he filed his nomination papers. Present on the occasion were TPCC chief B. Mahesh Kumar, ministers Duddilla Sridhar Babu, Ponnam Prabhakar, Konda Surekha, Seethakka and Jupally Krish ...Read More >
The Andhra Pradesh government inked a Memorandum of Understanding (MoU) with Google. The tech giant will launch its operations from Visakhapatnam in the State. Making the announcement at the district collectors' conference on Wednesday, Chief Minister N. Chandrababu Naidu said HRD Minister Nara Lokesh's efforts have paved the way for this. The MoU was a significant development and would be a game changer. Visakhapatnam is poised for transformative growth, Mr. Naidu said. The chief minister, in ...Read More >
Moradabad (Uttar Pradesh) [India], December 13 (ANI): Samajwadi Party (SP) leader ST Hasan on Friday said that the 'One Nation, One Election' rule was not possible in the country with the various cultures and laws present. "The One Nation, One Election rule is not possible in our country. Our country has a lot of different cultures and religious laws. There is a huge conspiracy behind it... Indirectly, only the centre will rule. They are trying to change the Constitution. They are talking about a common civil court, saying One Nation One Constitution... tomorrow you'll say One Nation One Cult ...Read More >
Chandigarh: Campaigning for his party in Delhi, Punjab chief minister Bhagwant Mann accused the BJP of trying to woo voters by distributing money and freebies. He said AAP, on the other hand, wins elections with public support. "The BJP leaders are shamelessly distributing money, saris, shoes and jackets, but the EC raids my residence, the Kapurthala House, in Delhi. They found nothing because we don't distribute money, we distribute love. And with this love, we win," Mann said. He led three roadshows in Kondli, Rohtas Nagar and Gokalpur, and addressed two public meetings in Badarpur. "Ther ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Monday directed officials to take measures to supply sand at lower prices to people and supply sand free of cost to beneficiaries of Indiramma houses. During a review meeting on the mines and minerals department at his residence on Monday, Revanth Reddy ordered officials to inspect sand reaches and take stringent action against those involved in sand smuggling. District collectors and superintendents of police are being entrusted with the responsibility. In Hyderabad, HYDRAA has been assigned the task to curb sand smuggling. Special officers will ...Read More >
Hyderabad: Efforts of ACB officials to weed out corrupt officials are being affected by bureaucratic delays, in some cases influenced by the accused officials, resulting in delayed prosecution and justice. The conviction rate in the cases involving bribery and disproportionate assets, registered by the Anti-Corruption Bureau (ACB), is low because of the delayed clearances from the vigilance and enforcement for prosecution, and the department concerned. Director-general Vijay Kumar said the ACB had registered 152 cases and arrested 223 accused in 2024. Of these, 129 were trap cases involving ...Read More >
Hyderabad: Bharat Rashtra Samithi (BRS) working president KT Rama Rao (KTR) met the injured ASHA workers at a hospital in Hyderabad on Tuesday. December 10. ASHA workers were injured after they were manhandled by police officials during a protest at the Telangana Directorate of Medical Education (DME) demanding a salary hike of Rs 18,000 on Monday. The two injured women were identified as Raheembi and Santhoshini. After enquiring about the women's well-being, the BRS MLA condemned the police action against the ASHA workers. He extended solidarity with their fight offered all possible support ...Read More >
Hyderabad: Terming the handcuffing of Lagacharla farmer Hirya Nayak, currently lodged in Sangareddy jail, while taking him to hospital for treatment "inhuman", BRS working president KT Rama Rao has urged the Chief Justice of Telangana high court to take the case suo motu and urged governor Jishnu Dev Varma to order a probe into the incident. Addressing a press meet on Thursday, the BRS leader said the farmer, who is suspected to have suffered a heart attack while in jail, was treated inhumanly. ...Read More >
Hyderabad (Telangana) [India], December 26 (ANI): A meeting between Telangana Chief Minister Revanth Reddy and directors, producers, and actors from the Tollywood industry is underway at Telangana State Police Command and Control Centre at Banjara Hills in Hyderabad. The delegation of influential people from Tollywood is led by Telangana Film Development Corporation (FDC) chairman Dil Raju. Among other attendees are actors like Nagarjuna, Varun Tej, Sai Dharam Tej, Kalyan Ram, Shiva Balaji, Adavi Sesh, Nithin, and Venkatesh. Directors including Koratala Siva, Anil Ravipudi, K Raghavendra Rao ...Read More >
Major blast outside Badshah's nightclub in Chandigarh, glass window shatters; no casualty Amid linkup rumours with Abhishek Bachchan, Nimrat Kaur says 'that spotlight belonged to you': 'Main ta bahut lucky..' 'One Nation One Subscription': Centre's scheme to ensure access to research articles, journals EXPLAINED Shillong Teer Results TODAY November 26, 2024: Check winning numbers here Meet woman who has become the youngest to travel all 195 countries, she is from... Kerala lottery TODAY November 26 Live Sthree Sakthi SS 443 Tuesday, check winning ticket, prize money here The Matrix villa ...Read More >
Hyderabad: Excitement filled the air at Sandhya Theatre on the night of December 4 as eager fans flocked to watch the much-anticipated film 'Pushpa 2: The Rule'. The atmosphere outside the theatre was electric, with fans waiting eagerly in long queues, all ready to witness the action-packed sequel. Speaking to ANI, one excited fan, after watching the film, shared his thoughts, saying, "The climax was awesome!" The premiere event, held on Wednesday also turned into a grand celebration as actor Allu Arjun, along with co-star Rashmika Mandanna, graced the occasion, adding to the buzz surrounding ...Read More >
Hyderabad, Dec 18 (PTI) Alleging that the country's reputation was "hurt" following the indictment of Gautam Adani in a US court, Telangana Chief Minister A Revanth Reddy on Wednesday said Prime Minister Narendra Modi is trying to protect the industrialist. The chief minister, who participated in a 'Chalo Raj Bhavan' here as per a call given by the AICC, said the Congress government is ready to pass a resolution in the Assembly seeking JPC on the Adani issue if the opposition BRS extends support. Congress and the INDI Alliance demanded a Joint Parliamentary Committee (JPC) investigation into ...Read More >
West Bengal [India], February 5 (ANI): At the 8th edition of the Bengal Global Business Summit 2025, Bhutanese Minister Younten Phuntsho emphasised the importance of the summit as a platform for strengthening the collaboration between India and Bhutan. Addressing the audience, he said, "For Bhutan, this summit is an opportunity to further deepen our (India-Bhutan) collaboration and identify strategic areas where our shared aspirations align. There are several key areas where we can forge even stronger partnership - first is tourism, we invite investors to explore opportunities in wellness tou ...Read More >