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: As the US and Israel's war against Iran enters its sixth week, innocent people of different nationalities continue to be harmed in other countries. Battered by relentless missile strikes on its territories since February 28, Iran has been retaliating by targeting Israel and US allies in the Gulf region. On Friday, falling debris of an intercepted projectile in UAE capital Abu Dhabi injured 12 people, including 5 Indians and 7 Nepali nationals. The debris from the aerial interception fell in the city's Ajban area, Abu Dhabi's Media Office said. All 5 Indian citizens and 6 Nepali nationals sustained minor injuries, the government agency said. One Nepali citizen has been severely wounded, it was announced. The injuries were announced hours after a fire, caused by debris of intercepted projectiles, was reported at a gas facility in the same area. "As part of the ongoing follow-up to the previously reported incident in the Ajban area caused by falling debris following the successful interception by air defence systems, authorities confirm that the incident has resulted in minor to moderate injuries sustained by 6 individuals of Nepali nationality and 5 individuals of Indian nationality, and one major injury sustained by an individual of Nepali nationality," the media office said in a post on X. The exact nature of the aerial threat was not disclosed. On March 26, one Indian national was among two people killed when debris from a successful missile interception rained down on Abu Dhabi's Sweihan Street. Eight Indians have so far been killed and one person is missing amid the raging conflict in Middle East. Several sites across the UAE, including energy infrastructure, have been targeted by Iranian drones and missiles since the outbreak of the war. Israel apart, the other nations being targeted by Iran are Saudi Arabia, Bahrain, Kuwait, Qatar, Jordan, Iraq and Oman.
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 >
The temporary easing of U.S. sanctions on Russian crude has rapidly redrawn global oil flows, with India stepping back in as the dominant buyer of previously distressed barrels. Even as overall imports are about to ease seasonally, Russian volumes into Asia are surging -- tightening the market and pushing Urals to a rare $8/bbl premium over Brent. Washington's March 12 decision to allow sales of oil already loaded onto tankers had an immediate impact. Almost all of Russia's floating storage was quickly absorbed, pulling hesitant buyers back in and exposing just how tight the market has become ...Read More >
New Delhi, Apr 2 (PTI) Homegrown FMCG firm Marico on Thursday said its revenue in the March quarter of FY26 "grew in the low twenties year-on-year" on a year-on-year basis, led by pricing, its hair oil and international business. During the quarter, the FMCG sector witnessed a "stable demand sentiment", however, the macroeconomic impact of the evolving geopolitical situation in the Middle East is a key "monitorable", Marico said in its quarterly updates. However, Marico remains hopeful of a gradual improvement in consumption trends in the quarters ahead, said the makers of Saffola and Parach ...Read More >
Mumbai: Heightened uncertainty transmitting from the West Asia crisis into India's growth and inflation outlook may compel the Monetary Policy Committee (MPC) of the Reserve Bank of India to hold the benchmark repo rate to 5.25 per cent next week and maintain a neutral stance. The central bank is also likely to announce measures to support liquidity and the rupee. The three-day policy meeting of the MPC (RBI's rate-setting panel) will begin on April 6. Globally, a lot has changed since the RBI announced its last policy in February 2026. With the outbreak of the United States-Israel war with I ...Read More >
New Delhi: With the West Asia war showing no signs of ebbing, US President Donald Trump, in his first comments after the jet crashes has asserted that the destruction of an American military aircraft will have no bearing on diplomatic discussions with Iran, as per news reports. Dismissing the notion that the event would impede negotiations, the President stated, "No, not at all. No, it's war. We're in war." These remarks represent the leader's first public response to the loss of an American plane during the hostilities, occurring as combat actions and diplomatic initiatives proceed simultan ...Read More >
Thiruvalla (Kerala), Apr 4 (PTI) Prime Minister Narendra Modi on Saturday accused the Congress of making "provocative" statements aimed at straining India's relations with West Asian nations to politically harm him and thereby, gain political mileage. Strongly lashing out at the Congress and its allies, Modi said that they were only concerned with winning the elections. "I want to say this clearly, elections will come and go, but the safety of Indians, especially those from Kerala in the Middle East, is my top priority, and I will ensure it," the PM said at an NDA rally here. Modi said that ...Read More >
MUMBAI: An Indian-flagged liquefied petroleum gas tanker has safely transited the Strait of Hormuz. The Indian government confirmed the passage on Saturday. Iran has effectively halted maritime traffic in this critical global oil and gas chokepoint since US and Israeli strikes began. New Delhi has secured passage for several Indian-flagged vessels over the past three weeks. The shipping ministry stated that the LPG carrier Green Sanvi passed through the strait. It was carrying 46,650 metric tonnes of LPG with 25 seafarers on board. Seventeen Indian-flagged vessels with 460 crew members rem ...Read More >
Donald Trump claims he prevented a war between India and Pakistan. He says he used the threat of halting trade deals to de-escalate tensions. Trump mentions phone calls with leaders from both nations. He also notes a meeting with Pakistan's Army Chief. India maintains that the ceasefire understanding came from direct talks between military officials.US President Donald Trump on Wednesday repeated his claim that he stopped the war between India and Pakistan and told the two countries that America ...Read More >
Chennai (Tamil Nadu) [India], July 4: India's mining and construction equipment sector is poised for significant growth, projected to expand from $16 billion to $45 billion by 2030*. To support this surge, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, today launched the all-new BharatBenz Construction and Mining range comprising of their HX and Torqshift series models. This heavy-duty truck series directly addresses the critical need for reliable, high-performance vehicles as large contractors increasingly invest in owned assets and modernize their ag ...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 >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite MI's dominant chase of 220. KKR seemed in control after posting a commanding 220/4, but the script ...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: Indian refiners have secured Iranian crude and aren't facing any payment hurdles, the oil ministry said Saturday, adding that an LPG cargo is currently discharging at Mangalore port. This marks India's first public acknowledgement of the resumption of energy trade with Iran. "News reports and social media posts of an Iranian crude cargo being diverted from Vadinar, India, to China due to "payment issues" are factually incorrect," the oil ministry said in a post on X. Indian refiners are rushing to secure crude oil, LNG and LPG supplies from sources worldwide to feed its growing eco ...Read More >
New Delhi, March 2 (SocialNews.XYZ) Prime Minister Narendra Modi and his Canadian counterpart Mark Carney discussed ongoing global issues, including the current situation in Iran, the Ministry of External Affairs (MEA) said on Monday. While addressing a special briefing on Carney's visit to India on Monday, Secretary (East) in MEA, P Kumaran, stated that PM Modi, during the meeting, said that India is deeply concerned about the recent developments in Iran and the Gulf region. He mentioned that PM Modi has urged all sides to avoid escalation and follow the path of dialogue and diplomacy to de- ...Read More >
NEW DELHI: India is accelerating clearances for commissioning of wind power plants and battery energy storage systems as the U.S.-Israeli war against Iran has led to a gas shortfall, the country's junior power minister said on Monday. Although gas accounts for only around 2% of India's total power generation, the South Asian country uses about 8 gigawatt (GW) of gas power during peak-demand periods or heatwaves. "Presently, there are challenges in respect of availability and price volatility of natural gas due to the Middle East crisis. However, the generators are exploring alternate sourc ...Read More >
Dubai: An Indian national was injured when he was hit by shrapnel from a drone intercepted by the air defence system in the United Arab Emirates on Wednesday, local government said. The incident occurred near the Umm Al Thuoob Industrial Area in Umm Al Qaiwain, one of the seven emirates, state-run WAM news agency reported. The Umm Al Qaiwain Government Media Office confirmed that the relevant authorities in the emirate responded to an incident that occurred near a facility in the Umm Al Thuoob Industrial Area, resulting from falling shrapnel following the successful interception of a drone b ...Read More >
New Delhi: President Donald Trump said on Thursday (Wednesday night local time) that the United States is "nearing completion" of its objectives in the war against Iran and hailed American forces for scoring "overwhelming victories" in the conflict. "Tonight, I'm pleased to say that these core strategic objectives are nearing completion," Trump said in his first prime-time address since the start of the conflict in late February. "In these past four weeks, our armed forces have delivered swift, decisive, overwhelming victories on the battlefield -- victories as few people have ever seen befor ...Read More >
NEW DELHI - The appointment of aviation heavyweight Willie Walsh as CEO of IndiGo is likely to bolster the Indian airline's global expansion but the former British Airways (BA) chief first has to repair its dented reputation. India's largest airline commanding about 65% of domestic flights stunned the industry with Walsh's appointment on Tuesday. That followed months of negative press and regulatory pressure after it cancelled thousands of flights in December due to inadequate planning for pilot rest and duty rules. IndiGo is betting on the current head of the International Air Transport As ...Read More >
New Delhi: A US-sanctioned tanker transporting Iranian crude oil has altered course mid-journey from India to China, according to tracking data, injecting uncertainty into a shipment that could have restarted New Delhi's imports after nearly seven years. Built in 2002, the Aframax Ping Shun -- hit by US sanctions in 2025 -- now lists Dongying, China, carrying about 600,000 barrels (6 lakh) of Iranian oil. Kpler records showed Vadinar, Gujarat, as its prior aim earlier this week. Indian refiners are probing at-sea Iranian cargoes following Washington's latest sanctions waiver. A Vadinar arriv ...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 >
New Delhi [India], July 10 (ANI): Morocco's Ambassador to India, Mohamed Maliki, underscored the expanding scope of India-Morocco relations during a wide-ranging interaction in the national capital. Highlighting deepening cooperation in trade, defence, investment, counter-terrorism, and beyond, he outlined key areas of collaboration and ambitious plans for the future. Also Read | Ukraine-Russia War: Moscow Blasts Kyiv With Another Missile, Drone Barrage, Killing at Least 2. "I think the sky is not even the limit for us... because we believe in making India, we believe in the capabilities of ...Read More >
NEW DELHI -- Foreign Affairs Minister Anita Anand is refusing to say whether Canada believes the American and Israeli strikes on Iran that sparked an escalated conflict in the Middle East are consistent with international law, after her government declared support for the action to prevent the Islamic theocracy from obtaining nuclear weapons. Speaking to reporters instead of Prime Minister Mark Carney on Monday -- the prime minister cancelled the only news conference of a four-day trip to India -- Anand repeatedly refused to say whether she agrees with the head of the United Nations, who cond ...Read More >
The effective closure from the Iran war of the Strait of Hormuz -- the critical chokepoint for roughly 20% of the world's oil and liquefied natural gas -- is in its fifth week with no clear signs of resolving. For Asia, which buys more than 80% of the crude and LNG that flows through the narrow waterway, the consequences have been swift: severe fuel shortages, export bans, and government budgets stretched to the breaking point. The crisis is forcing Asia to look both backward and forward simulta ...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 >
At least eight Indian ships have so far exited the Strait of Hormuz amid Iran war New Delhi: Iran has said that its "Indian friends" don't need "to worry" about the Strait of Hormuz, a key shipping route that has been disrupted since Israel and the United States attacked Tehran on February 28. "Our Indian friends are in safe hands, no worries," the Embassy of Iran in India said in a post on X on Thursday. Iran controls the Strait of Hormuz, a shipping route through which 20 per cent of the wo ...Read More >
Kargil , Jul 2: Pursuant to putting in place a comprehensive legal framework to ensure fair, inclusive, and transparent recruitment to public services, the Administration of the Union Territory of Ladakh has initiated a large-scale recruitment drive for 359 Gazetted posts through the Union Public Service Commission (UPSC). This marks the first-ever recruitment of Gazetted posts through UPSC since the formation of the Union Territory, officials said. This follows the establishment of a unique and dedicated legal framework specifically designed for Ladakh. The framework ensures maximum local re ...Read More >
New Delhi: In the last few years, China has emerged as the biggest profiteer of war. When neighbouring countries fight, China becomes their dealer. From the Russia-Ukraine war to the India-Pakistan conflict, and civil wars from Yemen to Africa, Chinese weapons are visible on every front. A recent report by the Stockholm International Peace Research Institute (SIPRI) has revealed that China has sent military equipment to more than 44 countries in the last few years. China has supplied various weapons ranging from fighter jets to 44 countries, of which the maximum weapons have been sold to Paki ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
Thiruvananthapuram, March 2 (SocialNews.XYZ) Chief Minister Pinarayi Vijayan on Monday expressed deep concern over the emerging crisis in the Gulf region, stating that the developments have caused widespread anxiety among Malayali families both abroad and in Kerala. More than 2.5 million Keralites are estimated to be residing in various Middle East countries. In a statement, Vijayan described the Gulf nations as a "second home" for Kerala, built on the hard work and dedication of lakhs of expatriates over several decades. "Every development in the Gulf resonates in the hearts of Malayalis a ...Read More >