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: The Government has stepped up sale of small 5-kg LPG cylinders, which are available across-the-counter at LPG distributorships on showing valid ID proofs. Ministry of Petroleum & Natural Gas has said that about 6.6 lakh 5-kg LPG cylinders have been sold since March 23rd, 2026, after the government ramped up supplies to meet demand. Unlike the subsidised domestic 14.2-kg cylinders, 5-kg cylinders are priced at market rates and do not require any address proof for procurement from a nearby LPG distributorship. The ministry said there are no reports of shortages at LPG distributor points, with more than 51 lakh domestic cylinders delivered on April 4 and online bookings accounting for 95 per cent of total demand. Authorities highlighted strict monitoring and enforcement measures to curb hoarding and black marketing. More than 50 thousand LPG cylinders have been seized since March, over 1,400 show-cause notices issued, and 36 distributorships suspended for violations. States and Union Territories have been directed to conduct daily inspections, issue regular advisories, and counter misinformation through coordinated communication.
Srinagar, Nov 27 (UNI) Jammu and Kashmir's Road Transport Corporation (RTC), a crucial backbone of public transportation, has raised serious concerns over the barring of its buses from entering Srinagar city limits. The move has triggered alarm within the Corporation, with officials cautioning about significant disruptions to public transport services and daily commutes, alongside substantial financial losses for the RTC. The restriction, in effect since November 4 when the maiden session of the Assembly commenced, is causing a daily revenue loss of Rs. 4 lakh to the Corporation. In a lette ...Read More >
Mumbai : Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India today unveiled and launched its much-awaited all-new 3 Generation Honda Amaze. This marks the global debut of the new generation Amaze in India, a key market for Honda globally and the first country to launch the new model. The all-new Amaze will be available at an introductory price range of Rs 7,99,900 - Rs. 10,89,900 (ex-showroom, Delhi); valid till 45 days from launch. The stylish and premium compact sedan has been designed to offer an OUTCLASS and delightful sedan experience that meets the aspirations ...Read More >
New Delhi [India], June 7 (ANI): The Central government has raised financial limits under the General Financial Rules (GFRs) for procurement of scientific equipment and consumables. The simplification of GFRs will reduce delays and enhance autonomy and flexibility for the research organisations. Under the new rules, the Finance Ministry said that Vice Chancelors, Dierectors and academic institutions under specified departments and ministries will be able to make non-Government e-Marketplace (GeM) procurement of scientific equipment and consumables. As per the notification of the Finance Min ...Read More >
Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...Read More >
NEW DELHI, June 8: A day before his Government marks its first anniversary in third term, Prime Minister Narendra Modi said on Sunday that the ruling BJP-led National Democratic Alliance has redefined women-led development in its 11 years in power. Follow the Daily Excelsior channel on WhatsApp In all sectors, including science, education, sports, start ups and the armed forces, women are excelling and inspiring several people, Modi said on X. He cited a number of welfare programmes which, he noted, have benefitted women immensely. Various initiatives, from ensuring dignity through Swachh ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Sivasagar, Jun 26 (PTI) Leakage of gas continued for the 15th day from a crude oil well of ONGC in Assam's Sivasagar district although the energy major on Thursday claimed that it is nearing to control the blowout. In its daily bulletin on the blowout, ONGC said it has achieved a key breakthrough in its ongoing operations in close coordination with international well control specialists from CUDD Pressure Control. "The team successfully cleared all remaining rig materials, including staircases, entangled wires and other structural components. "This critical step culminated in the safe remov ...Read More >
Guwahati, June 27 (UNI) The Oil and Natural Gas Corporation (ONGC) has successfully capped a high-risk gas well blowout at its RDS 147A site in Sivasagar district, Assam, bringing an end to a 15-day-long emergency operation that triggered mass evacuation and widespread public anxiety. The gas well blowout, which began on June 12, involved an uncontrolled release of natural gas from one of ONGC's drilling sites -- a situation often considered one of the most hazardous in the oil and gas industry due to the risk of explosion and environmental damage. The blowout was finally brought under contr ...Read More >
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 >
New Delhi, Jan 31 (VOICE) The output of India's eight core sector industries rose 4 per cent year-on-year in December, driven by an increase in the production of coal, steel, and electricity during the month, according to government data released on Friday.The eight core industries include coal, natural gas, crude oil, refinery products, fertilisers, cement, steel and electricity which comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP). The growth rate of the core industries, therefore, is an indicator of the overall industrial growth rate. Apa ...Read More >
JAMMU, June 6: For establishing "POWERGRID Centre of Excellence" at PEC, Chandigarh under CSR, Power Grid Corporation of India Limited (POWERGRID) today signed an MoU with Punjab Engineering College (PEC), Chandigarh, a deemed university. The MoU was signed, in an high profile event, by Tarun Bajaj, executive director (Northern Region-II) on behalf of POWERGRID and Prof Rajesh K Bhatia, director (ad-interim) on behalf of PEC in the presence of Rajeev Verma, chief secretary, Chandigarh -UT, R K Tyagi, chairman & managing director, POWERGRID and Prerna Puri, secretary education, Chandigarh Admi ...Read More >
New Delhi [India], June 7 (ANI): The Central government has raised financial limits under the General Financial Rules (GFRs) for procurement of scientific equipment and consumables. The simplification of GFRs will reduce delays and enhance autonomy and flexibility for the research organisations. Also Read | PM Narendra Modi To Visit Odisha on June 20 To Attend BJP Govt's First Anniversary Function, Says State Minister Suresh Pujari. Under the new rules, the Finance Ministry said that Vice Chancelors, Dierectors and academic institutions under specified departments and ministries will be abl ...Read More >
Union Minister of Rural Development and Agriculture & Farmers' Welfare Shri Shivraj Singh Chouhan launched the third edition of Nayi Chetna - Pahal Badlaav Ki, a national campaign against gender-based violence, at Rang Bhawan Auditorium, New Delhi yesterday. Delivering his address, Shri Chouhan stated that the Government has taken a slew of initiatives for women's economic and social development. He stressed that gender-based violence is not an issue that persists in rural areas, but in urban areas as well. He said with the presence of Union Minister of Women and Child Development Smt. Annpurn ...Read More >
Alipurduar, May 29 (UNI) Prime Minister Narendra Modi on Thursday laid the foundation of a Rs 1,010 crore City Gas Distribution Project in West Bengal's northern district of Alipurduar and said that the state's development is key to India's future. The project aims to supply Piped Natural Gas (PNG) to 2.5 lakh households, over 100 commercial establishments, and establish 19 CNG stations. "The City gas distribution project in Alipurduar is our commitment to strengthening the region's clean energy infrastructure," Modi said at the outset. "Bengal's development is key to India's future," Modi ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
Srinagar, Jun 06: Political leaders in Jammu and Kashmir have extended greetings to the people on the auspicious occasion of Eid-ul-Adha. They expressed hope that the revered occasion brings peace and prosperity to the region. Dr Farooq Abdullah National Conference (NC) president, Dr Farooq Abdullah conveyed his heartfelt greetings to the people on Eid-ul-Adha, wishing them peace, prosperity and unity. In his message, Dr Abdullah reflected on the profound significance of the day, saying, "As the Muslim Ummah comes together in celebration of Eid-ul-Azha, I extend my warmest greetings to ever ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
The Delhi BJP also shared a rap song "Delhi ka millionaire" alleging corruption against the party's top leadership. In a recently-released video, the Delhi BJP has given a tour of the luxurious bungalow of AAP leader Arvind Kejriwal, where he lived while serving as the Chief Minister of the state. The party also shared a rap song "Delhi ka millionaire" alleging corruption against the party's top leadership. Delhi BJP chief Virendra Sachdeva, who shared the video on X, called the Civil Lines bu ...Read More >
New Delhi: ONGC's production trend is beginning to turn after eight straight years of fall as a key new field in KG Basin ramps up and the old Mumbai High asset arrests decline. ONGC's crude production rose 3% year-on-year in November to 53,804 tonnes per day (tpd) and the output growth so far in December has accelerated to 4.2% to 54,535 tpd, according to people with knowledge of the matter. The output was marginally higher in three of the first seven months this fiscal year but there is a cle ...Read More >
New Delhi: Six people, including a three-year-old child, were injured in five separate fire incidents reported across the city on Thursday.According to Delhi Fire Services (DFS), a fire was reported on Pankha Road in west Delhi's Janakpuri around 5.30am, in which two buses and a car were gutted. Two fire tenders were sent to the site. No casualties were reported. At 9.35am, a fire broke out in a house in southeast Delhi's New Friends Colony. According to police, a resident called workers to clean a sofa set in her home when a fire broke out. "It appears the thinner caught fire during the clean ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...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/Guwahati, June 27 (SocialNews.XYZ) State-owned Oil and Natural Gas Corporation Limited (ONGC) on Friday successfully capped the blowout in one of its wells in Assam's Sivasagar district, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has announced. Announcing the plugging of the blowout, Puri said in a post on X on Friday, "ONGC has successfully capped the blow out of well RDS#147A at 1115 hours hrs today. This blow out started on 12th June and has been capped successfully within the shortest possible time following all the best practices." He said the Crisis Manag ...Read More >
New Delhi [India], December 3 (ANI): Oilfields (Regulation and Development) Amendment Bill, 2024 to expand the definition of mineral oils and include petroleum and natural gas passed in the Rajya Sabha on Tuesday. The bill was introduced by Union petroleum and natural gas minister Hardeep Singh Puri for consideration and passing. The Bill will regulate the exploration and extraction of natural gas and petroleum. The amended bill expands the definition of mineral oils to include petroleum and natural gas in it. Also Read | Pune: Doctors Perform Rare Laser Surgery on Woman Pregnant With Monoam ...Read More >
Delhi Elections 2025 Date and Time: Delhi elections 2025 is set to be held on February 5. The term of the 70-member Delhi assembly ends on February 23, and Arvind Kejriwal-led Aam Aadmi Party is aiming for a third consecutive term. However, the Bharatiya Janata Party (BJP) is giving it a neck-to-neck competition to claim Delhi's throne after a long wait. This is to be reiterated that Delhi is not a state but a union territory and is officially known as the National Capital Territory (NCT) of Delhi. Along with an elected Assembly, it also has a Lieutenant Governor appointed by the Union Govern ...Read More >
NEW DELHI: Highlighting a recent directive from the Central Board of Secondary Education (CBSE) on the establishment of 'sugar boards' in schools, the Food Safety and Standards Authority of India (FSSAI) has urged states to support and implement the initiative to help curb excessive sugar consumption among schoolchildren and foster healthier dietary habits from an early age. The matter was discussed during the 47th Central Advisory Committee (CAC) meeting of the FSSAI, held on May 27. According to the FSSAI, in response to Prime Minister Narendra Modi's call for urgent action against obesity ...Read More >
Alipurduar (West Bengal) [India], May 29 (ANI): Prime Minister Narendra Modi on Thursday laid foundation stone of City Gas Distribution project in Alipurduar and Cooch Behar districts in West Bengal on Thursday. The project, worth over Rs 1010 crore, aims to provide Piped Natural Gas (PNG) to more than 2.5 Lakh households, over 100 commercial establishments, and industries, and Compressed Natural Gas (CNG) to vehicular traffic by establishing around 19 CNG stations in line with the Minimum Work Program (MWP) targets stipulated by the Government. Also Read | Kerala Lottery Result Today 3 PM L ...Read More >
HYDERABAD: In a major move aimed at reducing pollution and improving urban transport in Hyderabad, the Telangana government has approved the introduction of 65,000 new eco-friendly auto rickshaws within the city limits and the Outer Ring Road (ORR). The decision, driven by Transport Minister Ponnam Prabhakar and aligned with Chief Minister Revanth Reddy's vision, is expected to contribute to environmental sustainability and employment generation. The state issued GO No. 263 relaxing the long-standing cap on new auto rickshaw permits within Greater Hyderabad. For over two decades, restriction ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >