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.
Mumbai News LIVE Updates: Fire breaks out at ONGC Mumbai High platform, 10 injured Oil and Natural Gas Corporation (ONGC) on Friday reported a fire incident at its SHP Platform under the Mumbai High Asset, in which 10 personnel sustained minor injuries, even as the blaze was swiftly brought under control and operations were normalised. The company confirmed that 10 personnel were injured in the incident and are currently undergoing medical treatment. (ANI)
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 >
Gandhinagar (Gujarat) [India], July 4 (ANI): Chief Minister Bhupendra Patel urged newly elected sarpanchs and gram panchayat members to ensure visible cleanliness in villages. He announced that under PM Narendra Modi's vision of "Swachhta Tya Prabhuta (Cleanliness is next to Godliness)," a mass movement for cleanliness has been launched across villages, towns, and cities. Also Read | PM Narendra Modi Conferred With 'The Order of the Republic of Trinidad & Tobago' During Ceremonial Event at President's House in Port of Spain (See Pics and Videos). In this context, the Chief Minister made a s ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the report, e-commerce also rose significantly, led by increased shopper penetration and spending, especia ...Read More >
New Delhi [India], April 2 (ANI): Sukanta Majumdar, the Union Minister of State for Education and Development of North Eastern Region, condemned the crisis in Malda, where seven judicial officers were detained following protests over voter deletions under the ongoing SIR process. Criticising the recent violence, Majumdar asserted that Chief Minister Mamata Banerjee's statements are responsible for the prevailing volatile situation on the ground. Also Read | Indian Stock Market Crash: Sensex Falls 872 Points, Nifty Drops 300 as Donald Trump's Iran War Speech Triggers Global Selloff. In a sel ...Read More >
Mumbai (Maharashtra) [India], April 4 (ANI): Oil and Natural Gas Corporation (ONGC) on Friday reported a fire incident at its SHP Platform under the Mumbai High Asset, in which 10 personnel sustained minor injuries, even as the blaze was swiftly brought under control and operations were normalised. In a post on X, the company said the fire broke out at around 5:45 PM at the ONGC's Mumbai High oilfield platform. Emergency response measures were immediately activated, ensuring that the situation was contained without escalation. "A fire incident was reported at ~17:45 PM at ONGC's SHP Platform ...Read More >
New Delhi [India], July 4 (ANI): The Special Intensive Revision (SIR) exercise being undertaken in Bihar ahead of the upcoming Assembly elections is progressing smoothly on the ground, with Booth Level Officers (BLOs) completing their first round of visits to nearly 1.5 crore households across the state. According to official data, more than 87 per cent of Enumeration Forms have already been distributed during the door-to-door verification drive, which is being carried out as part of the Election Commission's ongoing efforts to update and verify the electoral rolls. Also Read | CCI Directs A ...Read More >
Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls are scheduled later this year. "We are trying hard so that the Prime Minister can spare some time ...Read More >
The Mumbai High Asset is one of ONGC's most significant offshore oil fields. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Ten personnel sustained minor injuries in a fire at ONGC's Mumbai High Asset SHP Platform * All injured workers are under medical care and are reported to be in stable condition * Operations at the offshore installation have returned to normal following the incident Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Ten personnel sus ...Read More >
Mumbai (Maharashtra) [India], April 4 (ANI): A fire broke out at ONGC's SHP Platform, part of the Mumbai High Asset, at approximately 5:45 PM on Friday. According to ONGC, 10 personnel sustained minor injuries due to the incident. Also Read | MK Stalin Slams CBSE Curriculum Over 'Linguistic Imposition', Accuses Centre of Prioritising Hindi Over Regional Languages. The injured are currently under medical care and remain in stable condition. The situation was promptly brought under control, and the blaze was extinguished. Also Read | Gold Rate Today, April 4, 2026: Yellow Metal Slips 17% Fr ...Read More >
Hyderabad (Telangana) [India] July 4 (ANI): Union Minister Rajnath Singh participated in the 128th birth anniversary celebration of Alluri Sitarama Raju. Also Read | PM Narendra Modi Conferred With 'The Order of the Republic of Trinidad & Tobago' During Ceremonial Event at President's House in Port of Spain (See Pics and Videos). The Defence Minister arrived in Hyderabad for the celebrations this afternoon, accompanied by Union Ministers Gajendra Singh Shekhawat and G. Kishan Reddy. Singh addressed a gathering and paid tribute to the great freedom fighter. "I bow in deep reverence to the gr ...Read More >
Gandhinagar (Gujarat) [India], July 13 (ANI): The 31st edition of Fit India Sundays on Cycle was held successfully nationwide on Sunday morning as Union Minister for Youth Affairs and Sports Mansukh Mandaviya led a group of over 500 participants in Gujarat's Gandhinagar, as per a release from SAI media. Organised this week in partnership with Public Sector Undertakings (PSUs), the pan-India cycling drive witnessed participation from over 7000 locations across the country, reinforcing the message of "Fitness Ki Dose, Aadha Ghanta Roz". The participation included from 3000 Namo Fit India Cyclin ...Read More >
New Delhi [India], August 25 (ANI): Oil and Natural Gas Corporation Limited (ONGC) has officially commenced sales of natural gas from its Chinnewala Tibba field, a Discovered Small Field (DSF-II) block located in the Rajasthan Kutch Onland Exploratory Asset (RKOEA). According to a statement from the state-owned company, this significant milestone reinforces ONGC's commitment to enhancing domestic energy production and strengthening India's energy security under the guidance of the Ministry of Petroleum and Natural Gas (MoP&NG). Also Read | 'Punish Those Who Implicate Others': Arvind Kejriwal ...Read More >
Oil India Limited (OIL) has reported a significant natural gas occurrence in its second exploratory well, Vijayapuram-2, within the Andaman Shallow Offshore Block. Preliminary testing confirmed the gas presence, marking a crucial milestone in India's exploration efforts and the first hydrocarbon find in this campaign. Oil India Limited (OIL), a Maharatna company under the Ministry of Petroleum and Natural Gas, on Friday, reported the occurrence of natural gas in its second exploratory well drill ...Read More >
Lucknow, Jul 17 (PTI) Uttar Pradesh's capital city has secured the third position in the category of urban spaces with population exceeding 10 lakh, while Prayagraj was adjudged the Cleanest Ganga City in the ninth edition of the Swachh Survekshan. Lucknow also became the first city in the state to achieve a 7-star Garbage Free City rating in the 2024-25 survey. Gorakhpur achieved double success, ranking third in the Safai Mitra Surakshit Sheher category and fourth among cities with a population between 3 to 10 lakh. Agra has been recognised as the Emerging Clean City of Uttar Pradesh, securi ...Read More >
New Delhi [India], July 4 (ANI): With its probe into a complaint by ONGC alleging cartelisation, finding evidence of Ultratech's subsidiary India Cements engaged in collusion with two other cement manufacturers in violation of the norms, the Competition Commission of India has given directions for submitting detailed financial and income tax records. The competition watchdog probed a complaint by ONGC alleging cartelisation in its tenders. Its probe found evidence of Ultratech and its subsidiary engaging in anti-competitive collusion with two other cement manufacturers - Shree Digvijay Cement ...Read More >
Petroleum and Natural Gas Minister Hardeep Singh Puri on Tuesday reassured that global energy supplies remain adequate despite ongoing geopolitical conflicts that traditionally impact crude oil prices. Speaking on the sidelines of a national seminar in New Delhi, Puri addressed concerns about energy security in the context of heightened global uncertainties. "There are many things that have an impact on crude prices. People say that if there is military conflict somewhere, it will have an impac ...Read More >
PNN New Delhi [India], October 16: India's shipbuilding industry is charting an ambitious new course -- from a modest player in global ship construction to a serious contender among the world's top five shipbuilding nations by 2047. Backed by bold government reforms, strategic investments, and strong advocacy from the Shipyards Association of India (SAI), the sector is entering what many call its most transformative phase yet. A Sea of Opportunity Despite having one of the world's longest coastlines -- stretching over 7,500 km -- India's share in global shipbuilding is under 1%. But the tid ...Read More >
Ganderbal (Maharashtra) [India], July 4 (ANI): Jammu and Kashmir Lieutenant Governor Manoj Sinha on Friday said that over 20,000 devotees coming from different parts of the country have already finished their pilgrimage to Amarnath in the Ganderbal district. He said that the people of Jammu and Kashmir are welcoming the devotees with "open hearts". LG Sinha apprised the reporters about the efforts of the Jammu and Kashmir administration and the Shrine Board in expanding their services for devotees. Also Read | CCI Directs Aditya Birla's UltraTech, Dalmia Bharat Cements and Shree Digvijay Cem ...Read More >
New Delhi [India], July 4 (ANI): With its probe into a complaint by ONGC alleging cartelisation, finding evidence of Ultratech's subsidiary India Cements engaged in collusion with two other cement manufacturers in violation of the norms, the Competition Commission of India has given directions for submitting detailed financial and income tax records. The competition watchdog probed a complaint by ONGC alleging cartelisation in its tenders. Its probe found evidence of Ultratech and its subsidiary engaging in anti-competitive collusion with two other cement manufacturers - Shree Digvijay Cement ...Read More >
Lucknow: Three day Mango Festival 2025 kicked off at Awadh Shilp Gram in Lucknow, featuring more than 800 mango varieties from across India. The event celebrates mango diversity, horticultural innovation, and the growing role of Uttar Pradesh in India's fruit export ecosystem. Organized with participation from farmers, exporters, scientists, and food processing units, the festival offers a platform to promote mango-based trade and technology. Mangoes like Dussehri from Lucknow, Langda from Varanasi, Amrapali from Basti, Gaurjeet from Gorakhpur, and Ratol from western UP were among the most ad ...Read More >
New Delhi: The Competition Commission of India (CCI) has directed Aditya Birla Group company UltraTech, owner of southern India-based India Cements, along with Dalmia Cement (Bharat) Limited (DCBL) and Shree Digvijay Cement and their executives to submit audited financial statements, including balance sheet and profit and loss account, within eight weeks of the order. The competition watchdog's direction came over a complaint filed by ONGC alleging cartelisation in its tenders. Following the com ...Read More >
MUMBAI : Shiv Sena (UBT) MP Sanjay Raut on Friday posted a video on X purportedly showing the state's social justice minister Sanjay Shirsat of the Shiv Sena sitting in a room along with a partially opened bag containing what look like bundles of currency notes. Shirsat, however, rubbished the claim, saying the bag only contained clothes.The allegation came a day after it emerged that Shirsat had received a notice from the income tax department seeking an explanation for increase in his financial worth between the 2019 and 2024 assembly elections from Rs 3.3 crore to Rs 35 crore. Last month, S ...Read More >
Petroleum minister Hardeep Singh Puri said the move reflects a renewed push to unlock domestic resources. "With OALP Round-XI now live, we unlock vast frontiers beneath our land and seas -- powering growth, resilience, and self-reliance," he said. India on Monday opened up 21 oil and gas blocks covering 80,228 square kilometres under a fresh exploration round, even as state-run Oil And Natural Gas Corporation has started gas production from a key offshore project, marking a twin push to boost do ...Read More >
Mumbai (Maharashtra) [India], April 4 (ANI): Oil and Natural Gas Corporation (ONGC) on Friday reported a fire incident at its SHP Platform under the Mumbai High Asset, in which 10 personnel sustained minor injuries, even as the blaze was swiftly brought under control and operations were normalised. In a post on X, the company said the fire broke out at around 5:45 PM at the ONGC's Mumbai High oilfield platform. Emergency response measures were immediately activated, ensuring that the situation was contained without escalation. Also Read | WWE SmackDown Free Live Streaming Online, April 3: Ge ...Read More >
New Delhi, Apr 5 (PTI) The Congress on Sunday launched a scathing attack on Prime Minister Narendra Modi over the proposal to increase Lok Sabha seats, saying he is "bulldozing" the move that will work more to the benefit of larger and populous states and is nothing but a "Weapon of Mass Distraction (WMD)". The opposition party also alleged that the prime minister is "hoodwinking" the people of the country and is making misleading statements that are meant to deceive. In a post on X, Congress general secretary in-charge communications Jairam Ramesh said, "The PM is upto his usual tricks of m ...Read More >
Mumbai (Maharashtra), July 5 (ANI): UltraTech, the flagship cement company of Aditya Birla Group, has said that it is not under investigation in case related to anti-competitive practice before the Competition Commission of India and it has neither received any order from the CCI in this case nor have the company financials been sought by competition watchdog. In a stock filing, UltraTech termed as "false and misleading" reports published in public domain concerning the company over the CCI probe concerning ONGC's cartelisation complaint. Also Read | Fact Check: Did Congress Distribute Sanit ...Read More >
Hyderabad (Telangana) [India], July 12 (ANI): Department of Official Language under the Ministry of Home Affairs organised Dakshin Samvad in Hyderabad as part of its Golden Jubilee celebrations. The event became a vivid testimony to linguistic harmony, the multilingual consciousness of the nation, and the continuous progress of the Hindi language. In her welcome address, Secretary of the Department of Official Language, Anshuli Arya, said in a press note, Today celebration - Dakshin Samvad - is being organised in South India because Hindi has been adopted as the official language across the ...Read More >
Cochin Shipyard and Mazagon Dock signed MoUs with Tamil Nadu agencies to set up major shipbuilding complexes. Image: Pixabay | representational With the government announcing investments to the tune of Rs 69,725 crore for shipbuilding and maritime reform in India this year, the sector is entering a promising phase of growth. Shipbuilding, often termed the "mother of heavy engineering", plays a central role by generating employment, attracting investment, and strengthening national security and ...Read More >
New Delhi [India], July 4 (ANI): An Air India flight from Bengaluru to Delhi was delayed in the early hours of Friday after a medical emergency involving one of its pilots. Flight AI2414 was set to depart on schedule, but the rostered pilot fell ill just before takeoff and was immediately taken to a local hospital. In a statement, an Air India spokesperson confirmed the incident, saying, 'There was a medical emergency involving one of our pilots in the early hours of 04 July. As a result, the pilot was unable to operate the flight AI2414 from Bengaluru to Delhi, which he was rostered for, and ...Read More >
Hyderabad (Telangana) [India], July 12 (ANI): Department of Official Language under the Ministry of Home Affairs organised 'Dakshin Samvad' in Hyderabad as part of its Golden Jubilee celebrations. The event became a vivid testimony to linguistic harmony, the multilingual consciousness of the nation, and the continuous progress of the Hindi language. In her welcome address, Secretary of the Department of Official Language, Anshuli Arya, said in a press note, 'Today's celebration - 'Dakshin Samvad' - is being organised in South India because Hindi has been adopted as the official language acro ...Read More >