Abtak Logo

Business News

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.

30
BusinessJun 05, 2025 05:48 PM

Now that Indus treaty is on hold, we'll use more water for Indian farmers: Agriculture Minister Chouhan

CHANDIGARH: Union Minister for Agriculture and Farmers' Welfare and Rural Development Shivraj Singh Chouhan said that as the Indus Waters Treaty has been put in abeyance, efforts will be made to ensure that more water reaches farmers in Punjab, Jammu & Kashmir, Himachal Pradesh, Haryana and Rajasthan. He said that 80 per cent of water from the Indus river system was flowing into Pakistan. "Giving 80 per cent water to Pakistan at that time was not justified. Punjab, Haryana and Rajasthan require water and that water is ours. Now we will utilize that water for our farmers," said Chouhan. Chouhan, who was on a day-long visit to Punjab, visited a farmers' gathering (Kisan Chaupal) in Rajpura, Patiala, as well as the Krishi Vigyan Kendra (KVK), Rauni. He was accompanied by Punjab Agriculture Minister Gurmeet Singh Khuddian, Punjab Agricultural University vice-chancellor Satbir Singh Gosal and ICAR scientists. He has been engaging with farmers across various states to promote sustainable and progressive farming practices as part of the Viksit Krishi Sankalp Abhiyan. Citing its benefits in water conservation and reduced labour costs, he said that farmers should adopt the Direct Seeded Rice (DSR) method and also urged them to refrain from excessive pesticide use. "I have been apprised of good crop practices, be it direct seeding, mushroom farming or making silage," he said. When asked about complaints about fake pesticides, Chouhan said that the government will frame a new law, making a provision for stringent action against any company which supplies fake pesticides to farmers. Lauding the role of Punjab farmers in filling the foodgrain stock of the country, Chouhan said the country has registered an all-time record production in wheat, paddy, maize and soybean this year. "For this, Punjab has the biggest role and I bow to the land of Punjab," said Chouhan. He emphasised that the research of agricultural scientists should reach farmers and scientists should know what problems farmers are facing at their fields so that research can be undertaken in that regard. "I am not a guest here, I am a family member, I am not here for rhetoric but I am here to directly interact with farmers and understand the ground reality. Our focus should be to connect land and lab, so that farmers benefit from real-time innovation. Policies should come from the field not from officers in air-conditioned rooms."

Comments

Similar News

33
BusinessMay 28, 2025 04:06 PM

Cabinet okays interest subsidy on farmers' loans for 2025-26

New Delhi, May 28 (SocialNews.XYZ) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the continuation of the interest subvention component under the modified interest subvention scheme (MISS) for loans to farmers during the financial year 2025-26, and approved the required fund arrangements, according to an official statement issued after the meeting. MISS is a Central sector scheme aimed at ensuring the availability of short-term credit to farmers at an affordable interest rate through Kisan credit cards (KCC). Under the scheme, farmers receive short-term loa ...Read More >

21
BusinessDec 06, 2024 02:36 PM

"Why Promises To Farmers Not Met": Vice President's Sharp Jab At Government

Pointing to the increase in the country's stature in the world forum, he asked how, under these circumstances, the promises made to farmers cannot be fulfilled. "Policy-making is not on right track," he added.. Jagdeep Dhankhar's comments come amid a spike in farmer protests. Vice President Jagdeep Dhankhar took up the farmers' issue and questioned the government on their behalf today, directing most of his queries at the Union agriculture minister. Pointing to the increase in the country's sta ...Read More >

19
BusinessJan 14, 2025 06:38 PM

Wheat sowing up 1.38 pc at 320 lakh hectare so far

New Delhi, Jan 14 (PTI) Wheat sowing increased by 1.38 per cent year-on-year to 320 lakh hectare so far in the ongoing 2024-25 rabi season, according to the agriculture ministry data released on Tuesday. Wheat, the main rabi (winter) crop, was sown in 315.63 lakh hectare in the year-ago period. Sowing of most rabi crops is nearing end. Harvesting will begin from April. According to the data, pulses' acreage remained flat at 139.81 lakh hectare as on January 14, compared to 139.11 lakh hectare in the year-ago period. Gram was covered in 96.65 lakh hectare and lentil in 17.43 lakh hectare. ...Read More >

20
BusinessMay 19, 2025 03:28 PM

Strive to increase Kharif crop production while reducing cost: Union Agriculture Minister Shivraj Singh Chouhan

New Delhi [India], May 19 (ANI): Union Agriculture Minister Shivraj Singh Chouhan on Monday said that his ministry's resolve is to increase the Kharif crop production while reducing the production cost. He added that the synergy between the agricultural research and the farmers will be increased. The Minister was speaking to reporters here after a meeting with the State agricultural ministers. "Today, I held a meeting with the Agriculture ministers of all the states...Agriculture is important for the country, whether it is a question of livelihood, employment, contribution to the economy or ...Read More >

27
BusinessMay 28, 2025 04:09 PM

Business News | Centre Extends Interest Subvention Scheme for Farmers by Another Year | LatestLY

New Delhi [India], May 28 (ANI): The Union Cabinet on Wednesday approved the continuation of the interest subvention component under the Modified Interest Subvention Scheme (MISS) for farmers for the financial year 2025-26, and approved required fund arrangements. It is a Central Sector Scheme aimed at ensuring the availability of short-term credit to farmers at an affordable interest rate through Kisan Credit card (KCC). Also Read | Parcel Bomb Case: Odisha Court Convicts Accused Punjilal Meher, Sentences Him to Life Imprisonment. Under the Scheme: Farmers received short-term loans of up t ...Read More >

22
PoliticsBusinessJun 05, 2025 07:10 PM

Kashmir rail link project will be crucial part of Viksit Bharat's developmental journey: Jitendra Singh

Katra/Jammu, Jun 5 (PTI) Union minister Jitendra Singh on Thursday lauded Prime Minister Narendra Modi for ensuring a speedy completion of the Udhampur-Srinagar-Baramulla Railway Link (USBRL) project after taking office in 2014 and said it marks the beginning of a historic journey in setting up the world's highest railway bridge in Jammu and Kashmir. On Friday, Prime Minister Narendra Modi is scheduled to inaugurate the world's highest railway bridge over the Chenab river and the Anji Khad bridge, India's first cable-stayed bridge, before flagging off Vande Bharat trains to mark the completio ...Read More >

37
BusinessNov 26, 2024 02:41 PM

Union Minister Shri Shivraj Singh Chouhan launches Nayi Chetna 3.0 - National Campaign Against Gender-Based Violence in New Delhi

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 >

21
PoliticsDec 03, 2024 05:52 PM

Partap Singh Bajwa slams BJP over farmer issues, urges peaceful protests

Chandigarh [India], December 3 (ANI): Punjab Legislative Assembly Leader of Opposition and Congress leader Partap Singh Bajwa on Tuesday, slammed the BJP-led central government for neglecting the interests of farmers in Punjab and Haryana. Bajwa's scathing attack comes amidst growing discontent among farmers in the region, who feel their concerns have been ignored by the ruling party. "Ever since the BJP government has come to power, they have not taken a single decision that is in the interest of the farmers of India, especially the farmers of Punjab and Haryana. It is their fundamental rig ...Read More >

26
OtherDec 05, 2024 02:34 PM

Country's overall development not possible without agrarian growth: President Murmu - The Statesman

The overall development of the country is not possible without the development of agriculture and farmers. The nation's economy can be strengthened by the development of agriculture, fishery production, and livestock, President Droupadi Murmu said on Thursday. Gracing the convocation ceremony of the Odisha University of Agriculture and Technology at Bhubaneswar, she said agriculture is facing new challenges such as natural disasters, adverse effects of climate change, decreasing per capita farm ...Read More >

37
PoliticsDec 11, 2024 10:46 AM

CM Mohan Yadav to launch 'Jan Kalyan Parv' on completion of one year in office - Weekly Voice

Bhopal, Dec 11 (VOICE) Madhya Pradesh Chief Minister Mohan Yadav will launch 'Jan Kalyan Parv' on Wednesday on the completion of one year of his government. The BJP government in the state will organise a fortnight-long programme called 'Jan Kalyan Parv' to highlight the development works undertaken in the past year. Chief Minister Yadav has directed district administration to organise camps in blocks and gram panchayats to highlight the government's achievements. "The officers will meet people and make them aware of the state government's welfare schemes and ensure that those eligible get ...Read More >

34
PoliticsDec 15, 2024 11:55 AM

One Nation, One Election Bill Not To Be Introduced by Government in Lok Sabha on December 16 | 📰 LatestLY

New Delhi, December 15: The 'One Nation, One Election' Bill, officially known as the Constitution (One Hundred and Twenty-Ninth Amendment) Bill, 2024, will not be tabled in the Lok Sabha on Monday. The Revised Business List of the Lower House for the day does not mention the Bill. The first list had scheduled the Bill for Monday. It mentioned, "... Arjun Ram Meghwal to move for leave to introduce a Bill further to amend the Constitution of India. Also to introduce the Bill." One Nation, One Election: Union Cabinet Approves Bills for Simultaneous Lok Sabha, State Assembly Elections, Say Source ...Read More >

22
PoliticsDec 18, 2024 05:23 PM

Rashtrapati Nilayam in Secunderabad to host 15-day horticulture festival from December 29

New Delhi, Dec 18 (PTI) The Rashtrapati Nilayam, one of the two presidential retreats, in Telangana's Secunderabad will host a 15-day flower and horticulture festival, 'Udyan Utsav', from December 29. People could make themselves aware about the innovation and technological development in agriculture and horticulture by visiting thematic stalls and participating in the workshops, according to an official statement issued on Wednesday. The Udyan Utsav, organised in collaboration with the Department of Agriculture and Farmers Welfare, the National Institute of Agricultural Extension Management ...Read More >

31
BusinessMay 28, 2025 03:49 PM

Cabinet Approves Minimum Support Prices For Kharif Crops For 2025-26; Raises Paddy MSP By Rs 69 Per Quintal

New Delhi: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the increase in the Minimum Support Prices (MSP) for 14 Kharif Crops for Marketing Season 2025-26. It has raised the MSP for paddy by 3 per cent to Rs 2,369 per quintal for the season. The support price for common and A grade varieties has been increased by Rs 69 per quintal to Rs 2,369 and Rs 2,389 per quintal, respectively, for the forthcoming kharif season of 2025-26 crop year (July-June). Among pulses, support price for tur has been raised by Rs 450 to Rs 8,000 per quintal, while t ...Read More >

32
BusinessJun 05, 2025 08:52 PM

Working Tirelessly With PM Modi's 'Viskit Bharat' In Mind: Union Minister Shivraj Singh Chouhan

New Delhi: Union Minister for Agriculture and Farmers Welfare Shivraj Singh Chouhan on Thursday met farmers in Punjab and reviewed crops and production. Addressing a gathering, Chouhan said, "Prime Minister Narendra Modi's vision is Viksit Bharat, and we are working tirelessly with that goal in mind. Our mission is to build a glorious, prosperous and powerful India. Agriculture is the backbone of the Indian economy. In the fourth quarter of last financial year, the country achieved a growth rate of 7.5 per cent, with agriculture contributing to 5.4 per cent of it. Agriculture still accounts f ...Read More >

29
PoliticsJun 06, 2025 01:25 AM

J&K LG, CM, Union ministers review arrangements in Katra ahead of PM's visit

Jammu: Jammu and Kashmir Lt Governor, Manoj Sinha, Chief Minister Omar Abdullah and Union ministers Ashwini Vaishnaw and Jitendra Singh reached Katra in Reasi district on Thursday to review arrangements a day ahead of Prime Minister Narendra Modi's visit, officials said. On Friday, the prime minister is scheduled to inaugurate the Chenab bridge and the Anji bridge, India's first cable-stayed bridge, the symbol of the country's engineering excellence, before flagging off Vande Bharat trains to mark the completion of the 272-km Udhampur-Srinagar-Baramulla Railway Link (USBRL) that will provide ...Read More >

21
OtherDec 06, 2024 02:36 PM

Farmers Urged to Cultivate Millets for Health and Nutrition | Hubballi News - Times of India

Dharwad: Joint director of agriculture Manjunath Antarvalli has called upon the farmers to grow millets and supply quality food items to the domestic market. Speaking after flagging off 'Walk for Millet' organised by the agriculture department in Dharwad on Thursday, he said the farmers growing millets should be encouraged in all possible ways. "Popularly known as superfoods, the millets which are little wonders have been the most sought-after food post-pandemic. High in nutritional values, the ...Read More >

23
BusinessJan 21, 2025 10:07 AM

Telangana CM Revanth Reddy Inaugurates 'Grand Indian Pavilion' at World Economic Forum in Davos

As part of the World Economic Forum (WEF) summit in Davos, Telangana Chief Minister A. Revanth Reddy inaugurated the 'Grand Indian Pavilion' alongside Union Ministers Chirag Paswan and Jayant Sinha, as well as Kerala Minister P. Rajeev. Several senior officials and prominent figures from various states were also present at the event. During the inauguration, Telangana IT Minister Duddilla Sridhar Babu extended an invitation to global investors, encouraging them to invest in Telangana. He highlighted the state's focus on key sectors such as Information Technology, Biotechnology, Agro-Processin ...Read More >

24
BusinessMay 29, 2025 02:22 PM

India wheat, rice production to rise to record high

MUMBAI: India is likely to produce a record 117.5 million tonnes of wheat in the year ending June 2025, the farm ministry said, above its March forecast of 115.4 million tonnes, as higher prices prompted farmers to expand the area planted with high-yielding seed varieties. India, the world's biggest wheat producer after China, produced 113.3 million tonnes of wheat in 2024, the farm ministry said in a statement issued late on Wednesday. However, a leading industry body said the crop was nearly 6.25% lower than the government's estimate. The country's rice production in 2025 is also set to c ...Read More >

33
BusinessJun 05, 2025 07:52 PM

India News | Haryana to Set Up 2 Mandis for Organic Produce: CM Nayab Singh Saini | LatestLY

Hisar, Jun 5 (PTI) Haryana Chief Minister Nayab Singh Saini Thursday announced the establishment of natural and organic mandis in Gurugram and Hisar to promote natural farming on a large scale in the state. The Gurugram mandi will cater to produce such as wheat, paddy and pulses, while the Hisar mandi will focus on fruits and vegetables grown through natural and organic methods. Also Read | Delhi: High-Level US Team Arrives for Talks on Bilateral Trade Pact With India. In addition, a committee will be formed under the Haryana Kisan Kalyan Pradhikaran to determine fair pricing for produce gr ...Read More >

28
BusinessJun 05, 2025 10:07 PM

J-K CM Omar Abdullah, Union Minister Jitendra Singh, inspect Katra railway station ahead of PM Modi's visit

Katra (Jammu and Kashmir) [India], June 5 (ANI): Jammu and Kashmir Chief Minister Omar Abdullah and Union Minister Jitendra Singh inspected the Katra railway station and the Vande Bharat train on Thursday ahead of Prime Minister Narendra Modi's visit on June 6. PM Modi will flag off the first Vande Bharat train to Kashmir on Friday. CM Omar Abdullah said, 'If I tell you that I have been waiting for this moment for a long time, it will still not be enough. This rail project began when I was in the 7th or 8th class. Now, even my children have started working after completing school and college ...Read More >

21
PoliticsNov 28, 2024 10:54 AM

"Transformed the theme of terrorism to tourism in J-K": COAS General Upendra Dwivedi

Indian Army Chief General Upendra Dwivedi stated that the army has shifted Jammu and Kashmir's focus from "terrorism to tourism" while working towards 'Viksit Bharat 2047.' He emphasized the army's contribution to national security, development, and disaster relief, highlighting its role in achieving a "Progressive" and "Peaceful" India.Chief of Army Staff (COAS), General Upendra Dwivedi said that while moving towards the goal of 'Viksit Bharat 2047,' the army has been able to transform the idea of Jammu and Kashmir from "terrorism to tourism." While addressing an event at Savitribai Phule Pu ...Read More >

26
PoliticsDec 12, 2024 02:58 PM

Cabinet nod to bills for simultaneous polls: Sources

New Delhi, Dec 12 (PTI) The Union Cabinet on Thursday approved bills to implement 'One Nation, One Election', and the draft legislations are likely to be introduced in Parliament in the ongoing Winter session, sources said. The decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi. The government is keen on holding wider consultations on bills which are likely to be referred to a parliamentary committee. Sources said the government was also keen to consult the Speakers of various state legislative assemblies through the committee. Moving ahead with it ...Read More >

30
PoliticsJan 14, 2025 05:48 PM

Both Delhi and J&K close to our hearts: Rajnath Singh

Jammu, Jan 14 (VOICE) Defence Minister Rajnath Singh on Tuesday said that the BJP government at the Centre treats Delhi and Jammu and Kashmir equally.Addressing the ninth Armed Forces Veterans' Day programme at Tanda Artillery Brigade in Akhnoor, the Defence Minister praised Jammu and Kashmir Chief Minister Omar Abdullah for his effort to reduce the distance between the hearts of the people of Jammu and Kashmir and Delhi and asserted that the BJP government treats Delhi and Kashmir equally. "Kashmir was treated differently (by previous governments) in the past. As a result, our brothers and s ...Read More >

16
BusinessMay 29, 2025 02:35 PM

Odisha: Shivraj Singh Chouhan Launches Viksit Krishi Sankalp Abhiyan In Puri

Puri: Union Agriculture and Farmers' Welfare Minister Shivraj Singh Chouhan on Thursday launched the Viksit Krishi Sankalp Abhiyan with the blessings of Lord Jagannath in Odisha's Puri. Chouhan launched this new scheme by joining a special program at the Puri Sakshi Gopal Krishi Vigyan Kendra. Speaking to the reporters after taking blessings from Lord Jagannath, Chouhan said, "The new scheme of the Centre, the Viksit Krishi Sankalp Abhiyan, is being launched from Jagannath Dham. The aim of the scheme is that our agricultural scientists will go to the villages and, according to the weather, so ...Read More >

26
BusinessJun 05, 2025 07:33 PM

Haryana to set up 2 mandis for organic produce: CM Nayab Singh Saini

Hisar, Jun 5 (PTI) Haryana Chief Minister Nayab Singh Saini Thursday announced the establishment of natural and organic mandis in Gurugram and Hisar to promote natural farming on a large scale in the state. The Gurugram mandi will cater to produce such as wheat, paddy and pulses, while the Hisar mandi will focus on fruits and vegetables grown through natural and organic methods. In addition, a committee will be formed under the Haryana Kisan Kalyan Pradhikaran to determine fair pricing for produce grown using natural and organic farming practices. The Chief Minister made these announcements ...Read More >

28
EntertainmentNov 28, 2024 08:24 PM

Culinary wonders: African wheat dishes

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 >

26
PoliticsBusinessDec 12, 2024 02:43 PM

One Nation, One Election bill secures cabinet approval, say sources

New Delhi [India], December 12 (ANI): The Union Cabinet on Thursday approved the 'One Nation, One Election,' bill in the parliament, marking a significant step towards the electoral process, sources told ANI. A comprehensive bill is expected to follow this decision, paving the way for unified elections across the nation. Earlier on Wednesday, former President of India Ram Nath Kovind stated that the Central government must build a consensus on the 'One Nation, One Election' initiative, emphasising that the issue transcends political interests and serves the nation as a whole. Speaking to th ...Read More >

32
BusinessMay 26, 2025 03:08 PM

Early Monsoon Sparks Farming Rush, But Fertilizer and Seed Shortages Leave Farmers Struggling

Hyderabad: With the early onset of pre-monsoon showers, farmers across Telangana have started their agricultural activities ahead of schedule. However, the agriculture department is facing strong criticism for failing to provide adequate fertilizers and seeds necessary for the current season. According to officials, there is a significant shortfall in the availability of essential inputs like urea and cotton seeds, which may negatively impact crop planning and productivity across the state. Also Read: Madhuri Dixit Recalls 'Hum Aapke Hain Koun' Magic with Salman Khan as Monsoon Arrives For ...Read More >

16
PoliticsBusinessJun 06, 2025 04:16 AM

India, US push to finalise interim tariff deal as Trump's deadline nears

NEW DELHI, June 5 (Reuters) - Indian and U.S. are holding high-level talks this week, aiming to finalise tariff cuts in sectors such as farm and automobiles as part of an interim deal, two government sources said, with an announcement likely later this month. A U.S. delegation led by senior officials from the Office of the United States Trade Representative (USTR) began closed-door, two-day discussions in New Delhi on Thursday with Indian trade officials headed by chief negotiator Rajesh Agrawal ...Read More >

31
BusinessDec 06, 2024 02:28 PM

Odisha's 'Millet queen' gets honorary doctorate for contributions to agriculture

Koraput, Dec 6 (PTI) Thirty-six-year-old Raimati Gheuria, a tribal woman from Odisha's Koraput district who has conserved 72 varieties of traditional rice and 30 types of millet has been conferred with an honorary doctorate by Odisha University of Agriculture and Technology (OUAT) for her remarkable contributions to agriculture. President Droupadi Murmu conferred the honorary doctorate to Raimati at the 40th Convocation of OUAT on Thursday. Raimati of Nuaguda village in Koraput district, affectionately known as 'Mandia Rani' or 'Millet Queen', has been known for her relentless efforts in pre ...Read More >