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: Chief Minister A Revanth Reddy on Friday said that his government's vision is to transform Telangana into the textile capital of South Asia by 2047. Addressing the inaugural session of the 13th Asian Textile Conference (ATEXCON 2026), a premier global summit for the textile and apparel industry jointly organised by the Telangana government and Confederation of Indian Textile Industry (CITI), Revanth Reddy said that the state government can offer industrialists and investors the best of infrastructure, land, power, water, incentives and quick execution. "We have policies that can match the best globally and most importantly, we have the best human resources," he said. Urging around 1,200 delegates from textile hubs across the globe to invest in Telangana, he said: "If you have a vision, we are your perfect partners for global success. Together, we can create an end-to-end textile ecosystem that can be a game-changer for the world." The chief minister further said: "Telangana can be a major partner across the global value chain. From the cotton fields of Telangana to fashion shows in London, New York, Paris, Milan, Tokyo or Dubai, we will be your partners across the value chain." He expressed his government's desire to create green textile hubs, giving priority to environmental sustainability. "We will be skilling our youth, especially women workforce, so they can combine traditional knowledge with the latest tools in designing, cutting and stitching," he explained. Lifeline for weavers Referring to Telangana's famous Pochampally ikats, Gadwal sarees, Warangal durries and the weaves of Narayanpet, the chief minister stated that "textile was not just an industry but a lifeline for the state's weaving communities".
IMPHAL, Nov 17: The NPP on Sunday withdrew support from the BJP-led Government in Manipur, even as violence continued to rock the state as offices of the Congress and the saffron party were ransacked in the hill district of Jiribam where an unidentified body was found earlier in the day, officials said. Follow the Daily Excelsior channel on WhatsApp A BJP MLA's ancestral house was vandalised in Imphal Valley while a building owned by Ashab Uddin, the Independent legislator of Jiribam, was ransacked, officials said. The incidents occurred a day after irate mobs set fire to the residences of ...Read More >
New Delhi [India], December 2: The IVCA GreenReturns Summit 2024 commenced today in New Delhi, convening over 400 visionaries, investors, policymakers, and entrepreneurs to chart a transformative path for India's green economy. The Summit is dedicated to aligning India's climate goals with its trillion-dollar economic aspirations for a 'Viksit Bharat,' spotlighting high-impact investment opportunities, addressing funding gaps, and driving actionable solutions for net-zero and climate adaptation. Also Read | Mamata Banerjee Says West Bengal Yet To Get INR 14,000 Crore From Centre for Supply of ...Read More >
Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...Read More >
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 >
BJP member Manas Dutta blamed the previous BJD government and held it responsible for not extending their service agreement which ended in April, 2024. As hundreds of women working as support staff under the Mission Shakti department staged a demonstration outside the Assembly over different issues, the opposition BJD on Monday demanded immediate release of their salaries. While the agitating women were shouting slogans at the Mahatma Gandhi Road leading to the Assembly, the issue was raised in ...Read More >
Shimla (Himachal Pradesh) [India], December 11 (ANI): A Bharatiya Janata Party (BJP) delegation, led by senior leaders, met Himachal Pradesh Governor Pratap Shukla recently to submit a comprehensive 106-page memorandum titled "Kachcha Chittha". The document, which alleges rampant corruption and administrative failures in the two years of Congress rule under Chief Minister Sukhvinder Singh Sukhu, aims to hold the state government accountable for what the BJP describes as a period of "unprecedented mismanagement and destruction." Speaking to the media after meeting the Governor, Himachal Prade ...Read More >
New Delhi [India], December 12 (ANI): The National President of Aazad Samaj Party (Kanshi Ram) on Thursday criticised the ruling Mahayuti government in Maharashtra over the violence in Parbhani city, alleging that the unrest was a result of the state government's negligence and an insult to the Constitution. Speaking to ANI, Azad announced plans to launch a protest against the violence. "The negligence of the state government and the way the Constitution of India was insulted have caused this outrage. On the instructions of the government, the police lathi-charged supporters of Baba Saheb Am ...Read More >
Hit by economic slowdown and poor infrastructure, industrialists from Jharkhand's key industrial districts -- East Singhbhum, West Singhbhum, and Seraikela-Kharsawan -- are looking to the newly formed state government for revival and support. The industrial zones of Adityapur, Gamharia, Kandra, and Chandil have been grappling with inadequate infrastructure, including poorly maintained roads, lack of bridges, erratic water supply, and unreliable power. Entrepreneurs in these regions hope the new administration will address these issues and work toward improving the state's industrial ecosystem ...Read More >
Gurdaspur (Punjab) [India], December 4 (ANI): Jasmeet Kaur, wife of Narain Singh Chaura, who attempted to assassinate Sukhbir Singh Badal, condemned her husband's actions on Wednesday. She stated that her husband had informed her he was attending a "death anniversary programme" in Amritsar. "I didn't know what had happened until reporters came knocking at my door. Earlier, he had been lodged in jails in Amritsar, Ludhiana, and Gurdaspur," Kaur told reporters. "I don't think what he did was right," Kaur added. Narain Singh Chaura opened fire at Shiromani Akali Dal (SAD) leader Sukhbir Singh ...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 >
Bhubaneswar: In a new twist to the prevailing potato crisis in Odisha, Food and Civil Supplies Minister Krushna Chandra Patra on Thursday blamed the West Bengal Chief Minister Mamata Banerjee for "playing dirty politics over the tuber" to defame the BJP government in the state. Speaking to the media today, Patra alleged that an artificial scarcity of potatoes has been created to defame the state government. Stating that he was clueless about the politics by West Bengal Chief Minister, he said, "I fail to understand why Mamata Banerjee first stopped the supply of potatoes to Odisha and later a ...Read More >
Assam Beef Ban: A political row has erupted over the Assam government's decision to ban the public consumption of beef in the state with the Opposition labelling it "against the right to freedom" while the ruling BJP lauding the state Cabinet's call. Assam Chief Minister Himanta Biswa Sarma had announced on Wednesday that his government has decided to ban the consumption of beef in restaurants, hotels and public places, drawing sharp reactions from the Opposition. Samajwadi Party MP Iqra Hasan ...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 >
Bigg Boss 18: Shilpa Shirodkar is termed 'biggest backstabber' after Vivian Dsena... Deepak Kalal fights with passenger in flight? Know the truth behind viral video Delhi court fixes Nov 28 for hearing former CM Arvind Kejriwal's plea over sanction copy in... Where will the Champions Trophy 2025 be played? ICC to take final call on THIS date Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan recalls telling Amitabh Bachchan he made 'big mistake' by... Deepinder Goyal's Zomato opens Rs 8500 crore QIP share sale, sets floor price at Rs... Delhi Capitals co-owner pens emotional fare ...Read More >
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 12 (ANI): Launching a scathing attack against the Congress-led Telangana government, Bharat Rashtra Samithi (BRS) Working President KT Rama Rao on Thursday called it an "abject failure" and said that Congress party's saga of betrayal is endless. "The Congress party in Telangana has been an abject failure... Their saga of betrayal is endless... They are tampering with the cultural icons, with the Telangana self-respect and pride. I wrote to Rahul Gandhi that we are compelled that when BRS comes back three years later, we will change the name of all the i ...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 >
Agartala (Tripura) [India], December 12 (ANI): Tripura Chief Minister Manik Saha inaugurated the opening ceremony of the 68th National School Games for Judo (Under-17 Girls) at NSRCC, Netaji Chowmuhani in Agartala. The competition, which will take place from December 12 to 15, will feature talent at the national level and will feature 31 teams, comprising representatives from 27 states and four organisations. Approximately 350 players, coaches, and managers are attending. Tripura's athletes have consistently excelled, earning medals in previous editions of the National School Games and Khelo ...Read More >
Also Read - Bengaluru likely to see heavy rainfall and thunderstorms from December 8, predicts IMD A group of 46 students and six teachers from Morarji Desai Residential School, Mulabagilu in Kolar district visited Murudeshwar on Tuesday as part of their school trip. According to the police, around 5.30 pm, the teachers, along with the students went to the beach. Despite warnings from lifeguards, seven students ventured into the sea. The sea was rough, and three girls were swept away by the cu ...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 >
Chief Minister Mohan Yadav, campaigning to invite global investors to the Global Investors Summit to be held in Bhopal in February 2025, addressed an interactive session with industrialists during a roadshow in London, UK, on Tuesday. Yadav praised the dynamic leadership of Prime Minister Narendra Modi for the rapid industrial development seen across India. Inviting the industrialists to invest in Madhya Pradesh, he highlighted that the state possesses one of the largest land banks in the country. Madhya Pradesh has transparent and investor-friendly policies and is a leader in the mining and ...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 >
Bhopal: The Gita recitation programme by the Madhya Pradesh government has found a place in the Guinness World Records. "More than 7,200 'acharyas' and 'vatuks' collectively recited the third chapter 'Karma Yoga' on Wednesday, making a record," a statement issued by the government said. The event was parallely organised at Bhopal's Lal Parade Ground and Ujjain to mark the sacred occasion of Gita Jayanti. Chief Minister Mohan Yadav said that the collective recitation of the Gita by thousands of Acharyas in Bhopal and Ujjain has been registered in the 'Guinness Book of World Records'. He con ...Read More >
Kochi: The High Court has directed the Kerala state government to convince the central government that the state deserves more assistance for the Wayanad landslide disaster. The division bench also expressed its readiness to mediate between the central and state governments in this regard. According to the latest figures, the state disaster relief fund holds around Rs 700 crore, but only Rs 61 crore is available for expenditure, as reported by the amicus curiae. Kerala: Court orders inclusion of abetment charges against police officers in Dalit youth suicide case The Kerala state government ...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 >
Guwahati, November 27 (IANS): Union Tourism and Culture Minister Gajendra Singh Shekhawat on Wednesday underscored the northeastern region's legacy, cultural diversity, and natural wealth emphasising its rich cuisine, crafts and biodiversity while inaugurating the 12th edition of the four-day long International Tourism Mart (ITM) in Assam's Kaziranga. Speaking on the occasion, the Union Minister said that the ITM is a remarkable opportunity for the northeast India to showcase its rich culture and diversity to the world, adding that the event also offers a platform for people from across the g ...Read More >
Dehradun: A person, who completes his age of 59 years and 6 months, can now apply for an old age pension on the social welfare department's pension portal. The applicants will start receiving pension from the end of the month in which he completes the age of 60 years following the approval of his application form. This is meant to ensure that the elderly people can get the benefits of old age pension on time. The department launched a campaign to identify the eligible person for the pension According to Secretary, Social Welfare Department, Neeraj Khairwal, his department launched a month-l ...Read More >
PNN Hyderabad (Telangana) [India], December 6: We are thrilled to announce that ABSYZ Software Consulting, a Youngsoft company, and a trusted Salesforce partner since 2014, has been elevated to Salesforce Summit Partner status, the highest recognition within the Salesforce consulting ecosystem. This milestone highlights ABSYZ's unwavering commitment to excellence, innovation focused on customer needs, and delivering transformative results for clients through its global Salesforce implementations. As one of the elite 5% of Salesforce consulting partners worldwide, this achievement reflects ou ...Read More >