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.
Bengaluru: A 56-year-old man from Delhi was arrested by Tumakuru police for allegedly running a sophisticated online operation selling counterfeit weight-loss powder and spurious ayurvedic products.During investigation, police discovered the accused -- Rajeev Khanna from Shalimar Bagh -- and his sons -- Himanshu Khanna and Manan Khanna -- were filling wheat flour inside the branded packets of weight-loss powder. The sons are missing.A businessman from Tumakuru, manufacturing the weight-loss powder, told police the accused were selling spurious materials by using her brand name. Accordingly, police raided Khanna's godown on March 27 and seized the products packed in different brand names. "We produced Khanna before a court in Delhi and brought him to Tumakuru on transit warrant. He has been remanded in judicial custody," an investigating officer said.
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
Wheat is the unsung hero of African food, the secret sauce (or rather, secret grain) behind some of your favorite dishes. From the cloud-like deliciousness of Ethiopian injera to the satisfying Moroccan couscous, wheat is Africa's culinary backbone. This article features five mouthwatering dishes that highlight the versatility and tastiness of African wheat-based cuisine. Injera is a sourdough-risen flatbread with a slightly spongy texture, made from fermented teff flour. In Ethiopia and Eritrea, it serves not only as sustenance but also as a utensil for eating. The blend of teff flour and wa ...Read More >
New Delhi, Feb 24 (PTI) The government on Tuesday permitted exports of 25 lakh tonnes of wheat, according to a commerce ministry notification. The decision was taken earlier this month, but the directorate general of foreign trade (DGFT) notified it on Tuesday. "The export policy of Wheat ...continues to remain prohibited. However, export of 25 Lakh Metric Tonnes (LMT) of Wheat is permitted," the DGFT said. This decision was taken in January by the Centre. It said that the detailed modalities for this purpose shall be notified separately. "The export of wheat flour and related products sh ...Read More >
Chandigarh: Despite expectations of a favourable paddy crop this season in Punjab due to the early monsoon, concerns persist regarding adequate storage space for rice once procurement commences. Given Punjab's decision to advance paddy cultivation this season by 15 days to June 1, the state govt has also urged the Centre to bring forward the paddy procurement schedule accordingly (from Sept 15) to prevent delays for farmers.The state govt has emphasised the need to create space for an anticipated additional 120 lakh metric tonnes (LMT) of rice in the kharif marketing season (KMS) 2025-26. To a ...Read More >
NEW DELHI: Everyday consumer products such as soft drinks and biscuits were allegedly sold in the city long after their expiry dates, posing a serious risk to public health.Delhi Police busted an illegal operation running out of a godown in Dwarka, where expired and near-expiry food items of multinational brands were allegedly repackaged and circulated in the market with forged manufacturing and expiry dates.Acting on a tip-off received on March 29, police raided a godown in Bamnoli village and seized a large consignment of soft drinks and packaged food items. Two men found at the spot -- Shiv ...Read More >
Mangaluru (Karnataka) [India] September 13 (ANI): The Mangaluru City Crime Branch (CCB) has busted a fake document racket linked to bail proceedings and arrested several accused, officials said on Saturday. According to officials, the accused were found using forged Aadhar cards and pahani documents as sureties in court to secure bail for individuals arrested in criminal cases. Acting on a tip-off received on September 9, the CCB launched an investigation and unearthed the racket. Also Read | PM Narendra Modi To Unveil INR 8,500 Crore Projects in Manipur Today; Meet Violence-Hit People, Addr ...Read More >
New Delhi: A racket which was manufacturing and supplying spurious ghee ahead of the festive season has been busted. A total of 2,651 litres of ghee packed under the names of reputed brands have been seized.A raid was conducted at a godown in Budh Vihar, Rohini on Oct 5. Police seized 2,241 litres of fake ghee and arrested the godown owner, Rakesh Garg (38). Two days later, one Mukesh was caught while delivering 410 litres of adulterated ghee in Rohini. His illegal manufacturing unit in Jind, Haryana was sealed."The gang mixed vanaspati ghee and refined oil with chemicals and synthetic colours ...Read More >
Adani Enterprises Ltd. and Wilmar International Ltd. are considering delaying a proposed sale of at least 12% in their Indian food venture after a US bribery indictment against the billionaire-founder Gautam Adani, according to people familiar with the matter. Adani Wilmar Ltd., an equal joint venture between India's Adani Group and the Singapore-based commodity trader, was slated to start the share sale this month to comply with local securities law that requires at least 25% of the holding to be with non-founders within three years of listing. The company listed in 2022 and has until Febru ...Read More >
Shimla, Oct 5 (SocialNews.XYZ) The Himachal Pradesh government will begin the procurement of naturally grown barley in Pangi from October 8 at a minimum support price (MSP) of Rs 60 per kg, it said on Sunday. This is the first time such a government-supported procurement drive is taking place in this remote region, and with this initiative farmers are highly enthusiastic. A government spokesperson said here that all preparations for the procurement of barley have been completed by the Agriculture Department. Five procurement centres have been set up across the Pangi Valley at Hudan, Sechu, ...Read More >
Hyderabad, April 2 (RAHNUMA): Actress Shriya Saran on Thursday unveiled 'MINAR', India's first Fortified Protein Plus Multigrain Atta, aimed at combating malnutrition and micronutrient deficiencies. The product, developed by Sree Sai Roller Flour Mills, offers up to 50% higher protein than regular wheat flour, with three rotis meeting nearly one-third of an adult's daily protein requirement. Blending Sharbati wheat with soy, maize and chana, the atta is enriched with essential nutrients such as iron, folic acid, Vitamin B12, zinc and Vitamin A to address "hidden hunger" and boost immunity. ...Read More >
MUMBAI, Jan 10 (Reuters) - India's rice stocks hit a record high at the start of January, reaching eight times the government's target, while wheat stocks continued to deplete as traders urged the government to increase wheat sales amid market shortages. Higher rice stocks would enable the world's biggest exporter of the staple to accelerate exports. However, dwindling wheat stocks will likely deter the government from releasing more stock to bulk consumers. Rice reserves in state granaries, including unmilled paddy, totalled 60.9 million metric tons of Jan. 1, compared to the government's t ...Read More >
Chandigarh, Apr 8 (PTI) Haryana Chief Minister Nayab Singh Saini on Wednesday accused the Opposition of spreading "misinformation" that his government had imposed many unnecessary conditions on the purchase of crops, The government has implemented comprehensive reforms in the procurement system and appointed nodal officers in every mandi (grain market), Saini said after chairing a meeting of the state cabinet here. He said that these technology-based initiatives have enhanced transparency, accountability and efficiency in the procurement process, ultimately benefiting farmers. He said the re ...Read More >
They are aimed at transforming the industries sector in the State by positioning it an attractive destination for sustainable initiatives. Industries Minister P. Rajeeve on Wednesday unveiled three policies -- Kerala Export Promotion Policy; Kerala Logistics Policy; and Kerala Environmental, Social, and Governance (ESG) Policy as well as the Kerala Hi-Tech Framework, aimed at transforming the industries sector in the State by positioning it an attractive destination for sustainable initiatives. ...Read More >
MUMBAI (Reuters): India's rice stocks hit a record high at the start of January, reaching eight times the government's target, while wheat stocks continued to deplete as traders urged the government to increase wheat sales amid market shortages. Higher rice stocks would enable the world's biggest exporter of the staple to accelerate exports. However, dwindling wheat stocks will likely deter the government from releasing more stock to bulk consumers. Rice reserves in state granaries, including unmilled paddy, totalled 60.9 million metric tons of Jan. 1, compared to the government's target of ...Read More >
PNN New Delhi [India], July 4: HOAC FOODS INDIA LIMITED, a primarily engaged in the manufacturing and distribution of high-quality natural food products under the brand name "HARIOM", offering a diverse range that includes chakki atta (wheat flour), organic herbs and spices, unpolished pulses, grains, and cold-pressed yellow mustard oil, has successfully raised 1,000.00 Lakhs through its first-ever Qualified Institutional Placement (QIP). The QIP, launched on June 30, 2025, and closed on July 03, 2025, saw significant interest from investors, underscoring strong confidence in the company's st ...Read More >
Mysuru/Bengaluru: Hours after IT-BT minister Priyank Kharge Wednesday shared a video of a phone call in which an unidentified man, claiming affiliation with RSS, allegedly abused him in Hindi, home minister G Parameshwara said the govt has ordered an investigation. "We will find out who threatened the minister. We will identify the source," Parameshwara said. "A minister has the right to share his opinions. Threatening him for this is unacceptable. Action will be taken. Though tracking callers is difficult, we will crack this case." The incident comes a day after Priyank revealed he has been r ...Read More >
Shillong (Meghalaya) [India], July 2 (ANI): In connection with the murder of businessman Raja Raghuvanshi, who was killed in Meghalaya during his honeymoon, the Shillong court on Wednesday sent the accused Shilom James to 14 days of judicial custody. Two other accused, builder Lokendra Tomar and watchman Balveer Ahirwar (also known as Billa), were sent to 7 days of judicial custody after their earlier 6-day police remand ended. Also Read | Parliament Monsoon Session 2025: President Droupadi Murmu Approves Proposal To Hold Monsoon Session of Parliament From July 21 to August 21. A few days e ...Read More >
New Delhi, Oct 1 (PTI) A study that analysed India's dietary consumption in relation to risk of metabolic disorders has estimated that 62 per cent of the country's total daily energy intake comes from low-quality carbohydrates, including white rice and processed whole grains. About a fourth of the world's diabetics are estimated to be living in India, significantly higher than other countries. Researchers from the Madras Diabetes Research Foundation and Indian Council of Medical Research (ICMR), among other institutes also found high levels of saturated fat and a low intake of protein contri ...Read More >
Bengaluru News: Bengaluru Police have uncovered a major interstate racket involved in producing and supplying fake Nandini ghee to the city. The operation, which stretched from Tamil Nadu to Bengaluru, targeted one of South India's most trusted dairy brands. Four men linked to the network have been arrested. According to officials, the adulterated ghee was manufactured in Tamil Nadu and then transported to Bengaluru, where it was sold in the market as genuine Nandini ghee. The racket took advantage of the high demand for the brand and pushed large quantities of counterfeit products into shops ...Read More >
New Delhi: Delhi Police on arrested a 58-year-old man and detained six workers for allegedly running a counterfeit toothpaste manufacturing unit in northwest Delhi's Kanjhawala area, officials said on Friday, adding that the accused used blue bleaching agents and other chemicals and filling tubes in "extremely unhygienic conditions" More than 13,000 tubes with Sensodyne brand name were recovered from the unit along with cartons, tube filling and sealing machines, blue colour paste, wrappers, hea ...Read More >