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 [India], April 6 (ANI): The Ministry of External Affairs (MEA) on Monday said that India has facilitated the return of 1,777 Indian nationals from Iran amid the ongoing conflict in West Asia, which is currently in its second month. It noted that the facilitation was made possible by support from the authorities of Iran, Armenia and Azerbaijan. Speaking during an inter-ministerial briefing on recent developments in the region, MEA spokesperson Randhir Jaiswal stated that the Indian Embassy in Tehran has been actively coordinating evacuation efforts. Also Read | IMF Urges Pakistan to End Petroleum Subsidies Amid Iran War Price Surge. "Our embassy in Tehran has so far facilitated the movement of 1,777 Indian nationals in Iran to Armenia and Azerbaijan. From there, they have been flying back to India," he said. He added that the total includes 895 Indian students and 345 Indian fishermen who were employed by various companies in Iran. The fishermen were evacuated via Armenia and flew back to India on April 4, landing in Chennai. Also Read | Measles Outbreak in Bangladesh: Emergency Vaccination Drive Launched Amid Rising Child Deaths. Following their arrival, External Affairs Minister (EAM) S Jaishankar expressed gratitude towards Armenian counterpart Ararat Mirzoyan for facilitating the evacuation of Indian fishermen from Iran amid the conflict. "Thank FM Ararat Mirzoyan and the Government of Armenia for facilitating the evacuation of Indian fishermen today from Iran, through Armenia to India," Jaishankar wrote in a post on X. The MEA spokesperson further noted that, in addition to Indian nationals, the embassy also assisted two foreign nationals--one from Bangladesh and one from Sri Lanka--in their evacuation. Providing a breakdown, Jaiswal said that 1,545 Indian nationals crossed into Armenia, while 234 were moved to Azerbaijan as part of the evacuation process. "The embassy, along with the Indian nationals, has also facilitated the movement of two foreign nationals--one from Bangladesh and one from Sri Lanka. Of the total, 1,545 Indian nationals crossed over from Armenia and 234 to Azerbaijan," the MEA spokespersons said. Speaking on the number of Indian nationals who were killed in the conflict, Jaiswal said that eight people have died during the ongoing conflict, while one individual remains missing. He stated that the mortal remains of seven of those individuals were brought back to India, while the one is still pending due to some technicalities. in Oman "A total of eight people have died during the conflict in West Asia, and one person is still missing. Seven of their mortal remains were brought back to India, while one is still pending due to some technicalities. Our embassy in Oman is making every effort to bring the remaining mortal remains back to India," he added. The conflict in West Asia began following US-Israeli joint military strikes on Iran on February 28 that assassinated Iran's 86-year-old Supreme Leader Ayatollah Ali Khamenei. Tehran, in retaliation, targeted Israel and US assets in several Gulf countries, causing disruption in the waterways and affecting international energy markets and global economic stability. (ANI)
New Delhi [India], June 5 (ANI): Aam Aadmi Party MP Ashok Kumar Mittal on Thursday hailed the all-party delegation's visit to several countries worldwide and noted that the members had briefed External Affairs Minister Dr S Jaishankar about their visits. On meeting External Affairs Minister S Jaishankar, member of the all-party delegation led by DMK MP Kanimozhi, AAP MP Ashok Kumar Mittal told ANI, 'After returning today, we met External Affairs Minister Dr S Jaishankar. He wanted to know the response in the five countries we visited. We told him about it. Wherever we went, the countries appr ...Read More >
New Delhi [India], June 5 (ANI): Aam Aadmi Party MP Ashok Kumar Mittal on Thursday hailed the all-party delegation's visit to several countries worldwide and noted that the members had briefed External Affairs Minister Dr S Jaishankar about their visits. On meeting External Affairs Minister S Jaishankar, member of the all-party delegation led by DMK MP Kanimozhi, AAP MP Ashok Kumar Mittal told ANI, 'After returning today, we met External Affairs Minister Dr S Jaishankar. He wanted to know the response in the five countries we visited. We told him about it. Wherever we went, the countries appr ...Read More >
New Delhi: There is a lot of activity happening in the Middle East/West Asia right now. Israel is keeping an eye on the ongoing negotiations between Iran and the United States regarding the nuclear deal. Israel has assured the United States that it will not attack Iran's nuclear sites unless the nuclear talks between the U.S. and Iran completely fail. This information has emerged from the U.S. news website 'Axios.' According to reports, citing two Israeli officials, Israel provided this assurance during a meeting that took place last week in Washington, which included Israel's Minister of Str ...Read More >
New Delhi [India], June 6 (ANI): Prime Minister Narendra Modi on Friday reaffirmed India's commitment to fighting terrorism, stating that India stands firm and resolute in its collective fight against this threat in the backdrop of the April 22 Pahalgam terror attack, which claimed the lives of 26 tourists. Prime Minister Narendra Modi expressed optimism about strengthening ties with Central Asia, following the 4th India-Central Asia Dialogue and posted on X, 'Delighted to meet with the Foreign Ministers of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. India deeply che ...Read More >
New Delhi [India], June 8 (ANI): Union Minister Piyush Goyal on Saturday described his meeting with UK Foreign Secretary David Lammy as 'fruitful' as they discussed avenues to deepen bilateral trade and strengthen collaboration across various sectors to 'unlock' the full potential of our Comprehensive Strategic Partnership. https://x.com/PiyushGoyal/status/1931405191758389633 'Had a fruitful meeting with UK Foreign Secretary David Lammy today. We both expressed our appreciation towards the work done in finalising the historic India-UK FTA, which is poised to give further boost to our growing ...Read More >
Chennai: Hours before Union home minister Amit Shah was to arrive in Madurai, Thuglak editor and an associate of Shah, S Gurumurthy on Saturday met PMK founder S Ramadoss. The PMK leader, however, ruled out the possibility of meeting Amit Shah during his two-day visit to Tamil Nadu.Gurumurthy met Ramadoss for the second time amid reported tension within PMK regarding alliance strategies and insistence by Anbumani Ramadoss to remain party president. The hour-long meeting took place at the T Nagar residence of A K Vijay Mahesh, son of former Union minister and PMK leader A K Moorthy, sources sai ...Read More >
New Delhi [India], June 8 (ANI): Union Minister Piyush Goyal on Saturday described his meeting with UK Foreign Secretary David Lammy as 'fruitful' as they discussed avenues to deepen bilateral trade and strengthen collaboration across various sectors to "unlock" the full potential of our Comprehensive Strategic Partnership. https://x.com/PiyushGoyal/status/1931405191758389633 Also Read | Kodaikanal Shocker: Doctor in Debt Administers IV Fluids To Himself in Car, Dies; Expresses Apology to Loved One in Suicide Note. "Had a fruitful meeting with UK Foreign Secretary David Lammy today. We both ...Read More >
In a revealing Knesset speech on Monday, Israeli Prime Minister Benjamin Netanyahu confirmed that Israel was behind a series of devastating attacks on Hezbollah in September, revealing that the operation was brought forward after concerns that a secret Israeli intelligence method was about to be uncovered. Netanyahu disclosed that the attack, initially planned for October, was accelerated to prevent the planned operation from being exposed. Also read: Caught on camera: Moment Israel strike on Beirut killed Hezbollah media chief Mohammed Afif (WATCH) The attacks, which included a massive page ...Read More >
xternal Affairs Minister (EAM), S. Jaishankar, on Monday, met with the Foreign Minister of Ukraine and discussed the conflict with Russia at the sidelines of the MED Mediterranean Dialogues Conference in Rome, Italy. Apart from Ukraine, EAM Jaishankar met with his counterparts from France, Lebanon, and Croatia as well. On his meeting with the Ukrainian Foreign Minister Andrii Sybiha, the EAM reiterated India's support for "dialogue and diplomacy" to end the long-running conflict. "Good to meet FM of Ukraine @andrii_sybihain Rome today. Useful exchange on advancing our bilateral cooperation. ...Read More >
New Delhi [India], June 5 (ANI): External Affairs Minister S Jaishankar, in the presence of leaders of Central Asian countries, touched upon various business opportunities and complementarities between these respective economies on Thursday. Jaishankar suggested a few areas where India and Central Asian countries should collaborate to improve their economies. Jaishankar noted that India's trade and economic ties with Central Asia have actually shown a very strong positive trend over the last decade. However, he has also said that the trade figures do not reflect the full potential. Given th ...Read More >
New Delhi, June 6 (SocialNews.XYZ) External Affairs Minister (EAM) S. Jaishankar has urged the India-Central Asia Business Council to recommend a roadmap for further deepening of India-Central Asia ties in trade, economic and investment. Addressing the Business Council meeting in the national capital, EAM Jaishankar highlighted three broad objectives for strengthening the economic partnership -- deepen existing cooperation, diversify the trade basket and introduce sustainability and predictability in economic interactions. "One, is to deepen the existing cooperation both in terms of volume a ...Read More >
New Delhi [India], November 26 (ANI): Responding on the arrest and denial of bail of Chinmoy Krishna Das the Ministry of External Affairs on Tuesday urged Bangladeshi government to ensure the safety and security of Hindus. "We have noted with deep concern the arrest and denial of bail to Shri Chinmoy Krishna Das, who is also the spokesperson of the Bangladesh Sammilit Sanatan Jagran Jote", the statement said. "This incident follows the multiple attacks on Hindus and other minorities by extremist elements in Bangladesh. There are several documented cases of arson and looting of minorities' ho ...Read More >
New Delhi: India has intensified its calls for the immediate discharge and repatriation of all remaining Indian nationals serving in the Russian Army, following the tragic death of one Indian national in Russia. The Ministry of External Affairs (MEA) has once again stressed the urgency of bringing back Indian nationals involved in the ongoing conflict in Ukraine. Indian National from Kerala Dies, Another Injured in Russia In a statement, MEA spokesperson Randhir Jaiswal confirmed that an Indian national from Kerala, who had been recruited to serve in the Russian Army, tragically died, while ...Read More >
AMRITSAR, India (AP) -- A U.S. military plane carrying 104 deported Indian migrants arrived in a northern Indian city on Wednesday, the first such flight to the country as part of a crackdown ordered by the Trump administration, airport officials said. The Indians who returned home had illegally entered the United States over the years and came from various Indian states. The move came ahead of Indian Prime Minister Narendra Modi's visit to Washington, which is expected next week. U.S. President Donald Trump and Modi discussed immigration in a phone call last week and Trump stressed the impo ...Read More >
New Delhi [India], May 23 (ANI): Criticising the BJP-led NDA government, Leader of the Opposition in Lok Sabha (LoP) Rahul Gandhi on Friday said that India's foreign policy has collapsed. In a post on X, Gandhi raised three questions to the central government. "Will JJ explain, Why India has been hyphenated with Pakistan? Why didn't a single country back us in condemning Pakistan? Who asked Trump to "mediate" between India & Pakistan?" the LoP said. Reposting a video of S Jaishankar's interview with a media outlet, he said, "India's foreign policy has collapsed," he added. Earlier, Gandhi q ...Read More >
New Delhi, June 6 (SocialNews.XYZ) External Affairs Minister (EAM) S. Jaishankar on Friday welcomed the Foreign Ministers of Kazakhstan, Turkmenistan, Uzbekistan, Kyrgyzstan, and Tajikistan in New Delhi for the 4th India-Central Asia Dialogue, as India continues to put a strong foot forward in enhancing anti-terror and de-radicalisation partnerships across the region. "4th India-Central Asia Dialogue begins in Delhi. EAM S Jaishankar warmly welcomed Deputy Prime Minister and Foreign Minister of Kazakhstan Murat Nurtleu, Foreign Minister Sirojiddin Muhriddin of Tajikistan, Deputy Chairman of C ...Read More >
New Delhi [India], June 6 (ANI): Prime Minister Narendra Modi on Friday reaffirmed India's commitment to fighting terrorism, stating that India stands firm and resolute in its collective fight against this threat in the backdrop of the April 22 Pahalgam terror attack, which claimed the lives of 26 tourists. Prime Minister Narendra Modi expressed optimism about strengthening ties with Central Asia, following the 4th India-Central Asia Dialogue and posted on X, "Delighted to meet with the Foreign Ministers of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. India deeply che ...Read More >
New Delhi [India], June 8 (ANI): Union Minister Piyush Goyal on Saturday described his meeting with UK Foreign Secretary David Lammy as 'fruitful' as they discussed avenues to deepen bilateral trade and strengthen collaboration across various sectors to 'unlock' the full potential of our Comprehensive Strategic Partnership. https://x.com/PiyushGoyal/status/1931405191758389633 'Had a fruitful meeting with UK Foreign Secretary David Lammy today. We both expressed our appreciation towards the work done in finalising the historic India-UK FTA, which is poised to give further boost to our growing ...Read More >
New Delhi [India], November 28 (ANI): India has expressed its concern over the escalating incidents of violence against Hindu minorities in Bangladesh and desecration, and damage to their places of worship, and has also called on the interim government there to ensure the safety of minorities. In a response to question asked by RJD MP AD Singh, Minister of State for Ministry of External Affairs, Kirit Vardhan Singh in a written reply to Rajya Sabha, stated that the "primary responsibility" for the protection of life and liberty of all citizens of Bangladesh, including minorities, "rests with ...Read More >
New Delhi [India], June 7 (ANI): The invitation to Prime Minister Narendra attend the G7 summit in Canada was due and 'had to come' with India being a big geopolitical power, Foreign Affairs Expert Robinder Sachdev said on Saturday. 'Invitation to Prime Minister Narendra Modi for the G7 Summit was due, it had to come. India is too big a power now, geopolitically, economically, and with our common sense in this world which is in the middle of a conflict. India had to be a participant at the table there,' Sachdev told ANI here. Talking about the 'gossip' about Canada not inviting India to the ...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 >
New Delhi [India], December 11 (ANI): On the birth anniversary of former President Pranab Mukherjee, Congress President Mallikarjun Kharge paid glowing tributes to the statesman, recalling his immense contributions to India's democracy and development. Kharge took to social media to share a heartfelt message, quoting one of Mukherjee's profound observations: Also Read | Atul Subhash Suicide Case: 4 People Including Bengaluru Techie's Wife Nikita Singhania Booked for Abetment of Suicide. "India's true story is the partnership of the people. Our wealth has been created by farmers and workers, ...Read More >
New Delhi [India], December 12 (ANI): External Affairs Minister S Jaishankar on Thursday wished his Kenyan counterpart Musalia W Mudavadi on Jamhuri Day, or independence day. Jaishankar shared an image of the International Yoga Day being celebrated in Kenya in July this year. In a post on X, he said, "Greetings to FM Musalia W Mudavadi, the Government and people of Kenya on Jamhuri Day." The Indian embassy in Kenya also extended its wishes on Kenyan independence day. The Kenyan High Commission in India celebrated Jamhuri Day on December 10. In a post on X, the Kenyan High Commission said, ...Read More >
Thrissur (Kerala) [India], June 7 (ANI): Union Minister of State for Tourism & Petroleum and Natural Gas, Suresh Gopi, met actor Shine Tom Chacko at a private hospital in Thrissur. Malayalam actor Chacko was admitted to the hospital after he met with a road accident in Madurai, Tamil Nadu. Chacko and his family were in a car accident, in which the actor lost his father. South India International Movies Awards (SIIMA) took to X and extended condolences to Chacko and his family. SIIMA wrote, 'Malayalam actor Shine Tom Chacko was injured in a tragic car accident near Dharmapuri, Tamil Nadu. T ...Read More >
New Delhi [India], June 7 (ANI): The invitation to Prime Minister Narendra attend the G7 summit in Canada was due and 'had to come' with India being a big geopolitical power, Foreign Affairs Expert Robinder Sachdev said on Saturday. 'Invitation to Prime Minister Narendra Modi for the G7 Summit was due, it had to come. India is too big a power now, geopolitically, economically, and with our common sense in this world which is in the middle of a conflict. India had to be a participant at the table there,' Sachdev told ANI here. Talking about the 'gossip' about Canada not inviting India to the ...Read More >
New Delhi [India], December 18 (ANI): Chinese Ambassador to India, Xu Feihong on Wednesday said that China is ready to work with India and put into action the understandings between Indian and Chinese leaders. The comments come ahead of the 23rd meeting of the Special Representatives between National Security Advisor Ajit Doval and China Foreign Minister Wang Yi in Beijing. In a post on X, Ambassador Xu Feihong, "China is ready to work with India to implement the important common understandings between the leaders of China and India, respect each other's core interests and major concerns, str ...Read More >
New Delhi: Bharatiya Janata Party (BJP) MP Nishikant Dubey on Friday stoked a new controversy after he called Congress leader Rahul Gandhi hypocrite for questioning Foreign Minister S. Jaishankar over providing information about Operation Sindoor to Pakistan. The Congress clapped back at the BJP leader, stating that he "repeatedly displays his stupidity." Dubey's accusation stems from Rahul Gandhi's criticism of S. Jaishankar, which the BJP MP views as inconsistent with Gandhi's previous statements. Dubey referenced a 1991 Indo-Pak military transparency pact signed during a Congress-backed go ...Read More >
New Delhi [India], June 2 (ANI): The Supreme Court on Monday declined to entertain a petition alleging that the Assam government has reportedly launched a "sweeping and indiscriminate drive" to deport persons suspected to be foreigners to Bangladesh. A vacation bench of Justices Sanjay Karol and Satish Chandra Sharma asked the All BTC Minority Students Union (ABMSU) to approach the Gauhati High Court for appropriate relief. Also Read | INR 2,000 Currency Notes Worth INR 6,181 Crore Still in Circulation After Withdrawal 2 Years Ago, Reveals RBI Data. The petitioner said that the state of Ass ...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 >
New Delhi [India], June 6 (ANI): Prime Minister Narendra Modi on Friday reaffirmed India's commitment to fighting terrorism, stating that India stands firm and resolute in its collective fight against this threat in the backdrop of the April 22 Pahalgam terror attack, which claimed the lives of 26 tourists. Prime Minister Narendra Modi expressed optimism about strengthening ties with Central Asia, following the 4th India-Central Asia Dialogue and posted on X, 'Delighted to meet with the Foreign Ministers of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. India deeply che ...Read More >