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, April 6: The government on Monday said that 16 Indian-flagged vessels with 433 Indian seafarers remain in the western Persian Gulf region, as in the past two days, two LPG vessels, Green Sanvi and Green Asha, safely crossed the Strait of Hormuz. The Directorate General of Shipping (DG Shipping) continues close monitoring in coordination with ship owners, RPSL agencies and Indian Missions, according to an official statement after the inter-ministerial briefing on West Asia. "DG Shipping has facilitated the safe repatriation of over 1,599 Indian seafarers so far, including 120 in the last 24 hours from airports and various regional locations across the Gulf," the statement added. Strait of Hormuz Closure: Iran Rejects Reopening Strait of Hormuz for 'Temporary Ceasefire'. Meanwhile, port operations across India remain normal with no congestion reported. State Maritime Boards of Gujarat, Maharashtra, Goa, Kerala, Andhra Pradesh and Puducherry have confirmed smooth functioning. The Embassy of India in Tehran has so far facilitated the movement of 1,777 Indian nationals from Iran to Armenia and Azerbaijan for onward travel to India. This includes 895 Indian students and 345 Indian fishermen. The fishermen travelled from Armenia to Chennai on April 4, 2026. The Embassy also facilitated the transit of two foreign nationals -- one from Bangladesh and one from Sri Lanka. Of the total evacuated, 1,545 crossed into Armenia and 234 into Azerbaijan. India has expressed appreciation to the authorities of Iran, Armenia and Azerbaijan for their support in facilitating safe transit of the evacuees, said the government. The Ministry of External Affairs continues to closely monitor the evolving situation in the Gulf and West Asia region, with the safety, security and welfare of the Indian community remaining the highest priority. India Denies Reports of Talks With Iran on Strait of Hormuz Transit Levy. Since February 28, around 7,30,000 passengers have travelled from the war-affected region to India. "In the UAE, airlines continue to operate limited non-scheduled flights based on operational and safety considerations, with around 90 flights expected to operate today to India. Flights continue to operate from Saudi Arabia and Oman to various destinations in India," said the government.
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: 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 >
IMAGE: India are scheduled to tour Bangladesh for a white-ball series in August. Photograph: Screengrab/X The India tour of Bangladesh, which was scheduled to be held in August, is likely to be cancelled because of the situation prevailing in the country over the last few months, sources in the Board of Control for Cricket in India (BCCI) said. India is supposed to play a three-match ODI series from August 17, which will then be followed by a three-match T20I series, which will begin from August 26. Speaking about the India tour of Bangladesh, a BCCI source told ANI, "India tour of Banglade ...Read More >
New Delhi [India], July 4 (ANI): The India tour of Bangladesh, which was scheduled to take place in August, is likely to be cancelled because of the situation prevailing in the country over the last few months, as per sources in the Board of Control for Cricket in India (BCCI). Also Read | Who Is The Current WWE Universal Champion? Does The Title Still Exist?. India is supposed to play a three-match ODI series from August 17, which will then be followed by a three-match T20I series, which will begin from August 26. Speaking about the India tour of Bangladesh, a BCCI source told ANI, "India ...Read More >
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 >
The United States recently updated its travel advisory for India. The Ministry of External Affairs acknowledged the update. The US advises its citizens to exercise caution due to crime and terrorism. Certain areas are marked as high-risk. The advisory level for India remains unchanged. It has been at level 2 for several years.Travel advisories are periodically issued by countries based on their "assessment of various factors", and "we have noted" that the US has updated the travel advisory for In ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Heavy rains across Tamil Nadu have led to school closures in several districts, including Chennai, on Thursday. The India Meteorological Department (IMD) has issued a yellow alert, predicting moderate rains and light thunderstorms in parts of the state. Rainfall figures show significant precipitation in multiple areas. Meanwhile, Northern India braces for a cold wave beginning December 9, with the IMD forecasting plunging temperatures in Rajasthan, Punjab, Haryana, and Uttar Pradesh.Schools acros ...Read More >
New Delhi [India], June 26 (ANI): The Ministry of External Affairs (MEA) on Thursday said that it is keeping a constant watch on developments in India's neighbourhood, especially in light of the recent trilateral meeting involving China, Pakistan, and Bangladesh. Speaking at a press briefing, MEA Spokesperson Randhir Jaiswal said, 'We maintain a constant watch on the developments in our neighbourhood that have a bearing on our interests and our security, our relations with individual countries, while they stand on their own footing, take into account the evolving context as well.' The meetin ...Read More >
New Delhi [India], June 27 (ANI): The Parliamentary Standing Committee on External Affairs will hold a meeting on Friday. During the meeting, the committee will record evidence of experts/non-official witnesses in connection with the examination of the subject 'Future of India-Bangladesh Relationship'. Congress MP Shashi Tharoor has been the chairperson of the Committee of the External Affairs since September 2024. India has strongly condemned the demolition of a Durga temple in Dhaka, criticising the role of the Muhammad Yunus-led interim government in allowing the destruction and projectin ...Read More >
Imphal, June 29 (UNI) A series of successful operations carried out by Manipur Police and security forces during the last 24 hours led to the arrest of several individuals involved in vehicle theft, insurgent activity, and the recovery of a significant cache of arms and ammunition. Police arrested a vehicle lifter identified as Syed Riyaj from his residence at Lilong Chaobok in Thoubal District. The arrest was made under Lilong Police Station. Authorities seized a blue two wheeler without registration number, along with a key and an Aadhaar card believed to be linked to the suspect. In a s ...Read More >
Agartala (Tripura) [India], June 27 (ANI): Joining the nation in celebrating the auspicious festival of Rath Yatra, the ISKCON temple and Hare Krishna Mandir in Tripura's Agartala on Friday hosted a grand celebration, drawing thousands of devotees from across Tripura. The vibrant and spiritually uplifting procession was marked by chanting, devotional songs, cultural performances, and traditional rituals. The streets of Agartala came alive as Lord Jagannath, along with his siblings Balabhadra and Subhadra, embarked on the annual chariot journey amid joyous cries of "Jai Jagannath." The holy ch ...Read More >
New Delhi [India], June 29 (ANI): The world paused on June 13 when Israel targeted major military and nuclear facilities, and crucial personalities in Iran as it launched a series of attacks to disempower the West Asian country. Also Read | Hakham Muhammad Issa Al-Issa Dead: IDF Eliminates Hamas Mastermind Behind October 2023 Attack in Israel. The involvement of the Houthis of Yemen and the US in this high-tension conflict stopped short of a nuclear apocalypse--but this was not entirely unexpected. Some saw this coming. Supporting Israel, the US went ahead and struck three key nuclear sites ...Read More >
Thiruvananthapuram: Ravada A Chandrasekhar took charge as the new State Police Chief on Tuesday. He succeeds Shaik Darvesh Saheb, who retired on June 30. His tenure will run until July 1, 2027. A 1991-batch IPS officer currently serving as Special Director with the Intelligence Bureau, Chandrasekhar is on central deputation. He was selected over Nitin Agarwal, who topped the official list of probables. The appointment order, issued by Kerala Chief Secretary Dr A Jayathilak on behalf of the Governor, was released soon after a cabinet meeting held on Monday. Hailing from Andhra Pradesh's Godav ...Read More >
"India's gateway into Europe" - that's how Greek Prime Minister Kyriakos Mitsotakis described Athens' relationship with New Delhi during his visit to India in 2024, a phrase frequently used by Greek officials whenever they discuss the ties between the two countries. The same phrase was echoed by Greece's foreign minister during an interview with Indian newspaper The Hindu ahead of his two-day visit to New Delhi on Thursday and Friday. But how does India view its relationship with Greece? To understand India's perspective, Kathimerini English Edition spoke with The Hindu's diplomatic editor Su ...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, Jun 26 (PTI) Travel advisories are periodically issued by countries based on their "assessment of various factors", and "we have noted" that the US has updated the travel advisory for India, the Ministry of External Affairs said on Thursday. MEA spokesperson Randhir Jaiswal said this in response to a query on the advisory issued recently by the US for its citizens travelling to India. Also Read | 8th Pay Commission To Triple Medical Allowance and Raise Minimum Salary to INR 27,000? Check Details. In the June 16 advisory, the US urged its citizens to exercise "increased caution" d ...Read More >
New Delhi [India], June 26 (ANI): The Ministry of External Affairs clarified India's position on importing crude oil from Iran on thursday, stating that energy purchases are based on 'market factors and the prevailing global situation.' 'Our energy requirements, or the energy purchases we make, are based on market factors and the prevailing global situation,' MEA spokesperson Randhir Jaiswal said in THEIR weekly briefing. Further, the Ministry also expressed deep concerns about the situation in West Asia, including the Israeli attacks on nuclear scientists and certain universities in Iran. ...Read More >
JAMMU, June 26: Two senior IAS officers of the erstwhile Jammu & Kashmir cadre, Bipul Pathak and Pandurang K Pole, have been assigned significant responsibilities in the Government of National Capital Territory of Delhi (GNCTD). Follow the Daily Excelsior channel on WhatsApp As per an order issued today by the office of the Lt Governor of Delhi, Bipul Pathak, a seasoned bureaucrat from the erstwhile J&K cadre, who is presently serving as Additional Chief Secretary (Industries) and holding additional charge of Additional Chief Secretary (Environment & Forests), has been transferred and appoin ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >
New Delhi, Jun 27 (PTI) India has so far evacuated more than 4,400 Indian nationals from Iran and Israel in 19 special flights under Operation Sindhu launched on June 18 to bring home its citizens amid an ongoing conflict between the two countries, according to the Ministry of External Affairs (MEA). The evacuated Indian nationals included "more than 1,500 women and 500 children", the MEA said in a statement on Friday. Also Read | PM Narendra Modi To Begin 5-Nation Tour on July 2 To Strengthen Global Partnerships. "The government of India is deeply committed to the safety and well-being of ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
New Delhi [India], July 5 (ANI): The Bharatiya Janata Party (BJP) may soon appoint a new national president, as the party has completed the process of appointing the required number of state presidents in accordance with its constitution. Since the conclusion of the 2024 Lok Sabha elections, internal discussions have been underway regarding several potential candidates for the top organisational post. The current BJP president, JP Nadda, officially completed his term in January 2023, but it was extended until June 2024 in view of the general elections. His term has since been extended again, ...Read More >
Mumbai: Chief minister Devendra Fadnavis said on Thursday that he held discussions on cabinet expansion with union home minister Amit Shah, party national president J P Nadda, and the party national general secretary B L Santhosh on Wednesday night. Fadnavis was on a two-day visit to Delhi days after being sworn in as chief minister. He met President Draupudi Murmu, PM Narendra Modi, defence minister Rajnath Singh and union road transport minister Nitin Gadkari. He also presented five different ...Read More >
Uttarakhand: A cloud burst in Uttarkashi's Silai Band, along the Barkot-Yamunotri Marg, on Sunday (June 29, 2025) caused massive damage to an under-construction hotel site. At least 8 to 9 workers staying there went missing, authorities reported. Meanwhile, Uttarkashi DM Prashant Arya said that a rescue and search operation has been launched following the incident. The State Disaster Response Force (SDRF) and the National Disaster Response Force (NDRF) have been sent to the construction site. The cloudburst triggered a flash flood due to intense downpour in the region. The India Meteorologica ...Read More >
Manesar (Haryana) [India], July 4 (ANI): Rajya Sabha Deputy Chairman Harivansh addressed the valedictory session of the National Level Conference of Chairpersons of Urban Local Bodies in Manesar, Haryana on Friday. In his remarks, Deputy Chairman RS Harivansh touched upon the importance of civic governance in improving the quality of life and highlighted the broader objective of 'Ease of Living' set by Prime Minister Narendra Modi. Also Read | Dalai Lama Succession Row: MEA Says India Does Not Take Any Position on Matters of Faith. Harivansh also lauded the innovative efforts of various Urb ...Read More >
MANDYA: Tension gripped Elechakanahalli village in Mandya taluk after Dalits were allegedly denied entry into Maramma temple by upper caste people. As the situation escalated, heavy police deployment was made to prevent any untoward incidents. The controversy began when upper caste villagers reportedly blocked Dalits from entering Maramma temple, leading to clashes between the two communities. Taluk authorities temporarily sealed the temple and enforced tight security in the area. Later, leaders from both communities placed separate locks on the temple doors, further deepening the standoff. ...Read More >
New Delhi, July 2: Leaders of several INDIA bloc parties met the Election Commission over the Special Intensive Revision (SIR) of electoral rolls in Bihar and raised concerns over its timing, alleging that over two crore voters of the state may be disenfranchised by this mammoth exercise being done just ahead of assembly elections. Leaders from 11 parties, including the Congress, RJD, CPI(M), CPI, CPI(ML) Liberation, NCP-SP and the Samajwadi Party, put forth their objections before Chief Election Commissioner Gyanesh Kumar and other election commissioners to the special scrutiny of the voters' ...Read More >
Chennai, Dec 11 (VOICE) The Regional Meteorological Centre (RMC) has forecast heavy rains for the next four days in Tamil Nadu and the Union Territory of Puducherry.The Weather Department has issued an orange alert for Cuddalore, Mayiladuthurai, Nagapattinam, Thanjavur, Tiruvarur, and Pudukkottai districts, predicting heavy to very heavy rainfall. Similarly, Chennai, Chengalpattu, Kancheepuram, Tiruvallur, Sivagangai, Ramanathapuram, Tiruchy, Perambalur, Ariyalur, Kallakurichi, and Villupuram districts in Tamil Nadu are also likely to experience heavy rain. In a statement on Wednesday, the W ...Read More >
New Delhi, Jun 6 (PTI) Prime Minister Narendra Modi on Friday said he will attend the G7 summit in Canada this month after receiving an invitation from his Canadian counterpart Mark Carney during their first phone conversation. Carney's invitation to Modi to attend the outreach sessions of the G7 Summit signalled Ottawa's intent to repair the ties with New Delhi that plummeted to an all-time low over the killing of a Khalistani separatist. The Ministry of External Affairs (MEA) said Modi and Carney acknowledged the "deep people-to-people ties between India and Canada and reaffirmed their com ...Read More >