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.
Nalgonda: Rice mills in the erstwhile Nalgonda district have emerged as a key source of raw material for more than 450 industries linked to rice bran oil, liquor, poultry feed and brick manufacturing.Miryalaguda has developed as a major rice milling hub, with 273 mills across the erstwhile district, including 163 in Nalgonda, 80 in Suryapet and 30 in Yadadri-Bhongir. During paddy milling, byproducts such as rice husk, broken rice and rice bran are generated and supplied to various industries.According to officials, a total of 469 industrial units depend on these byproducts. These include 141 brick manufacturing units, 174 rice bran-based industries, 137 liquor units and 98 poultry feed units.District Industries Centre general manager G. Satheesh Kumar said that handling, packing and transportation of these materials also generate employment alongside the rice milling sector.He said rice husk constitutes about 25 per cent of paddy during milling, while rice bran and broken rice are also produced in substantial quantities, supporting downstream industries.
New Delhi [India], July 8 (ANI): The cost of home-cooked meals eased in June as compared to the same month last year, driven by a sharp correction in vegetable prices, according to the Crisil Intelligence report. In the monthly report titled 'Roti Rice Rate', the average cost of a vegetarian thali (Plate) declined by 8 per cent year-on-year (YoY), while the cost of a non-vegetarian thali was down nearly 6 per cent. The decline in vegetarian thali prices was primarily attributed to a significant drop in key vegetable prices, which had spiked the previous year due to adverse weather and crop d ...Read More >
India's export regulations have been amended by the Directorate General of Foreign Trade, now permitting the export of Second Generation (2G) ethanol. This eco-friendly ethanol, derived from non-food sources like agricultural residues, aligns with sustainability goals due to its low CO₂ emissions. Exports necessitate valid authorization and feedstock certification, impacting ethanol under ITC(HS) Code 22072000. The Directorate General of Foreign Trade (DGFT) on Wednesday updated India's export ...Read More >
New Delhi [India], April 4 (ANI): India's rollout of 20% ethanol blending in petrol (E20) is driven by long-term energy self-reliance goals rather than geopolitical disruptions like ongoing Middle East conflict, with scope to raise blending levels further given surplus capacity and feedstock supply, said CK Jain, President, Grains Ethanol Manufacturers Association (GEMA). "E20 is not based on the war; it has only one concept, self-reliance in energy, and that is most important. Why should we depend on others when we have our own produce?" Jain told ANI. India began full-fledged rollout of E2 ...Read More >
Amritsar: The division among farmers' organisations in Punjab has come to the fore, as several groups staged a statewide protest on Monday demanding govt support, while others distanced themselves from the agitation, stating that they do not agree with all the demands and are not part of the protest.Dr Satnam Singh Ajnala, state general secretary of the Jamhuri Kisan Sabha, said the Sanyukt Kisan Morcha (SKM) was a national-level farmers' organisation led by various prominent farmers' unions that ...Read More >
MUMBAI, Aug 3 -- US President Donald Trump on Thursday slapped a 25 per cent tariff on Indian goods after prolonged talks that got bogged down over access to India's labour-intensive agricultural sector, which New Delhi has pledged to protect. Why is India opposing the products the US is lobbying for? The United States is pressing India to open its markets to a wide range of American products, including dairy, poultry, corn, soybeans, rice, wheat, ethanol, fruits and nuts. While India is willing to provide greater access for US dry fruits and apples, it is holding back on corn, soybeans, whe ...Read More >
New Delhi: The clock is ticking. Only a few days left before the July 9 deadline set by U.S. President Donald Trump. Hopes of a limited trade deal between India and the United States still linger. But the mood around the negotiating table feels anything but settled. The White House has publicly hinted that the deal is all but done. In New Delhi, officials have echoed a similar sentiment, calling the potential agreement "big, good and beautiful". Trump claimed it would open Indian markets to American goods. But behind closed doors, things remain tangled in tough back-and-forth. Key concerns h ...Read More >
The longer-term implications are complex. India is achieving its fuel-blending targets, but at the cost of crop diversity. India's farmlands are in the middle of a quiet-but-dramatic shift. New government data show that crops linked to the ethanol economy -- sugarcane and maize -- are steadily expanding, while oilseeds like soybean, a critical crop for the country's edible oil security, are losing ground. This pattern is visible across states, being reinforced by policy incentives guaranteeing demand for ethanol feedstock. Bump for some The Ministry of Agriculture's latest weekly progress r ...Read More >
Amritsar: The division among farmers' organisations in Punjab has come to the fore, as several groups staged a statewide protest on Monday demanding govt support, while others distanced themselves from the agitation, stating that they do not agree with all the demands and are not part of the protest.Dr Satnam Singh Ajnala, state general secretary of the Jamhuri Kisan Sabha, said the Sanyukt Kisan Morcha (SKM) was a national-level farmers' organisation led by various prominent farmers' unions that raised the real issues faced by the farmers across India, including in Punjab.In contrast, several ...Read More >
Around 34,798 silent ration card holders in Ludhiana district are likely to be excluded from accessing subsidised ration for the July to September quarter, if they failed to complete e-KYC verification by the stipulated deadline of July 15, officials familiar with the matter said. According to officials, these beneficiaries have not availed their entitled free ration for over a year, putting them at risk of exclusion from the public distribution system under the Centre's 'One Nation One Ration C ...Read More >
HYDERABAD: Chief Minister A Revanth Reddy on Monday announced that local body elections will be held soon in the state and urged Congress workers to be prepared. Launching a sharp attack on the BRS by likening its activists to "ganja plants", he said, "Not even one ganja plant should be allowed to grow. If the Congress cadre decides, they can send BRS into political oblivion, especially in the (erstwhile) Nalgonda district." Speaking at a public meeting in Thungathurthi, Suryapet district, after ...Read More >
Patna, Sep 26 (PTI) Prime Minister Narendra Modi on Friday launched Bihar's Mukhya Mantri Mahila Rojgar Yojana, and transferred Rs 10,000 each to the bank accounts of 75 lakh women. The Rs 7,500-crore scheme, an initiative of Bihar's NDA government, is aimed at promoting women's empowerment through self-employment and livelihood opportunities. The prime minister launched the scheme virtually from Delhi, with Bihar Chief Minister Nitish Kumar, his deputy Samrat Choudhary, and several Union and state ministers joining it through video conference from Patna. A large number of women of the state ...Read More >
Thiruvananthapuram: Union Minister Suresh Gopi stirred controversy on Tuesday by claiming that those elected by "corpses" are now serving the state. Speaking at a neighbourhood meet called "Kalungu" in Idukki district, he alleged that cadavers from 25 years ago had cast votes in Kerala elections. Media reports have previously highlighted incidents of deceased voters being listed as active in Kerala's voter list, he said, while indirectly referring to the accusations of "scientific rigging " against the Left parties. The minister was responding to allegations of voter fraud in Thrissur consti ...Read More >
Hyderabad, July 14 (SocialNews.XYZ) In a move to fulfill the promise to provide food security to all eligible poor families, the Congress government in Telangana on Monday launched the distribution of new ration cards. Chief Minister A. Revanth Reddy launched the programme at Tirumalagiri in Suryapet district. The government would issue 5.61 lakh ration cards across the state. It also launched distribution of free fine rice at fair price shops in villages. Each person in every beneficiary family will get six kilograms of fine rice free of cost. The government says these measures will provid ...Read More >
Chandigarh: Despite expectations of a favourable paddy crop this season in Punjab due to the early monsoon, concerns persist regarding adequate storage space for rice once procurement commences. Given Punjab's decision to advance paddy cultivation this season by 15 days to June 1, the state govt has also urged the Centre to bring forward the paddy procurement schedule accordingly (from Sept 15) to prevent delays for farmers.The state govt has emphasised the need to create space for an anticipated additional 120 lakh metric tonnes (LMT) of rice in the kharif marketing season (KMS) 2025-26. To a ...Read More >
MUMBAI, April 6 (Reuters) - India, the world's largest urea importer, is looking to purchase 2.5 million metric tons of the key crop nutrient to shore up domestic supplies, which have tightened due to the U.S.-Israeli war with Iran. State-run Indian Potash Ltd (IPL) issued a tender on Saturday to import 1.5 million tons via the country's west coast. The remaining 1 million tons will arrive through the east coast, according to the document posted on the company's website. Shipments are expected to leave the load port by June 14, it said. Bids for the tender must be submitted by April 15. I ...Read More >
Chandigarh: The success of Punjab's campaign against paddy stubble hinges on farmers' willingness to use in-situ crop residue management (CRM) machinery and industrial tie-ups to use straw as raw material. Meanwhile, innovative solutions -- like applying bio-decomposers to the straw or growing mushrooms with it -- remain on paper.To effectively dispose of 19.32 million tonnes of paddy straw this season, the Punjab govt prepared a Rs 500 crore action plan 2025-26 this year, integrating stricter penalties for defaulting farmers alongside using bio-decomposers in 2.5 lakh acres. However, farmers ...Read More >
PNN Gurgaon (Haryana) [India], July 19: The spotlight shone brightly at the Leela Ambience Mall, Gurgaon, as the grand finale of Mrs World International 2025 Season 3 unfolded in an unforgettable celebration of strength, elegance, and transformation. This year's edition was particularly momentous, as it marked 11 iconic years of Glamour Gurgaon, a platform that has redefined the narrative of beauty and empowered thousands of women to dream, evolve, and shine on a global stage. Bringing together over 100 accomplished finalists from diverse walks of life, the pageant was not merely a competiti ...Read More >
Lucknow: Senior Samajwadi Party leader and former minister Gayatri Prajapati was attacked by a fellow inmate inside Lucknow Jail on Tuesday. The scuffle took place within the jail premises, after which prison authorities launched an internal inquiry. According to a statement issued by Dr Ramdhani, DIG Prisons, Lucknow Range, the incident occurred after Prajapati allegedly used abusive language towards another inmate, Vishwas Rajput. In response, Vishwas attacked Prajapati using a sharp object inside the cell. DIG Prisons clarified that the incident was not premeditated and dismissed any spec ...Read More >
New Delhi: The government has extended the ban on exports of de-oiled rice bran till September 30 this year, according to an official notification. De-oiled rice bran is a major ingredient in the preparation of cattle and poultry feed. It was first banned in July 2023 and has been extended from time to time. "Export of de-oiled rice bran is prohibited up to September 30, 2025," the Directorate General of Foreign Trade (DGFT) has said in a notification. According to experts, rise of prices of the feed is one of the major reasons for increasing milk prices in the country and putting a ban on e ...Read More >
BENGALURU: The Maharashtra government fears that increase in height of Alamatti reservoir in Bagalkot district of Karnataka from 519.60 meters to 524.256 meters would result in flooding of Sangli, Satara and Kolhapur districts owing to backwaters and there is no need for the Maharashtra government to fear flooding since its own expert committee led by retired Principal Secretary to Irrigation department Nandkumar Wadnekar ruled out flooding from the Almatti and Hipparagi reservoirs, stated Minister of Large Scale Industries M.B. Patil on Sunday. M.B. Patil was the irrigation minister in Sidda ...Read More >
MUMBAI - India, the world's largest urea importer, is looking to purchase 2.5 million metric tons of the key crop nutrient to shore up domestic supplies, which have tightened due to the U.S.-Israeli war with Iran. State-run Indian Potash Ltd (IPL) issued a tender on Saturday to import 1.5 million tons via the country's west coast. The remaining 1 million tons will arrive through the east coast, according to the document posted on the company's website. Shipments are expected to leave the load port by June 14, it said. Bids for the tender must be submitted by April 15. India routinely rel ...Read More >
In Pune -- a lively academic and industrial hotspot of about 7 million with per-capita rent near $3,500 -- MIT World Peace University (MIT-WPU) just rolled out a 500 kg/day pilot plant that brings to life a patent-backed, carbon-negative technology for hydrogen production and bioCNG from mixed agricultural waste. Led by Dr. Ratnadip Joshi at the Green Hydrogen Research Centre, this project tackles India's long-standing crop-residue headache, doubles the efficiency of traditional methods, and targets hydrogen costs around $1/kg -- exactly what's needed for India's 2030 aim of 5 million tonnes o ...Read More >
New Delhi [India], April 6 (ANI): The outlook for the edible oils and agri-linked consumer staples sector remains constructive, led by strong volume growth in core categories and improving demand dynamics across industrial segments, according to a recent research report by Nuvama. The sector is witnessing a demand-led upcycle, with edible oils emerging as the primary growth engine. Volume growth in this segment is expected to remain robust, supported by steady consumption across key categories such as soybean, mustard, rice bran and palm oil. Also Read | RTE Maharashtra Lottery Result 2026 O ...Read More >
New Delhi [India], September 24 (ANI): After meeting the target of 20 per cent ethanol blending in Petrol, the time has arrived when India should gear up for exporting ethanol given its surplus production in the country, Minister of Road Transport and Highways, Nitin Gadkari, said on Wednesday. "It is the time for India's futuristic development. We need to reduce our imports and increase our exports. As far as the surplus of ethanol, it is now the requirement of the country that we need to export ethanol," he said while addressing the 2nd International Conference and Exhibition on Bioenergy a ...Read More >
Karwar: The Uttara Kannada deputy commissioner has directed food department officials to open registration centres in all taluks of the district to register farmers for the procurement of paddy under the current season's minimum support price (MSP) scheme.DC K Lakshmipriya presided over a district-level task force meeting at the deputy commissioner's office on Tuesday, discussing the procurement of paddy at the support price. The govt has set the MSP for common paddy at Rs 2,369 per quintal and for Grade A paddy at Rs 2,389 per quintal. To facilitate the purchase of a larger quantity of paddy ...Read More >
Mumbai: While the Nagpur-Mumbai Samruddhi Expressway is now fully operational, a crucial extension of the Mumbai-Nashik Highway from four to eight lanes over a 23-km stretch between Magathane and Vadpe remains incomplete -- even after more than four years of work. The project, whose revised deadline was Feb 2025, continues to be behind schedule.The widening of this stretch was supposed to be completed before the Samruddhi Expressway was opened, in order to accommodate the anticipated surge in traffic. Now that the expressway is live, vehicles from Mumbai and Thane traveling towards Nashik via ...Read More >
India's rice exports for marketing year 2025-26 (October-September) are set to rise to 22-23 million metric tons, up 10%-15% year over year with the ambitious expectations to close exports at 30 million mt, up 50% year over year, against the backdrop of a bumper crop with estimated production at 145 mil mt, up 7% up year over year, Prem Garg, National president of Indian Rice Exporters Federation and chairman of the Shri Lal Mahal Group, told Platts. Meanwhile, as per IREF estimates, surplus stock for non-basmati rice will rise from the current Food Corporation of India stock of 28 million mt ...Read More >
Suryapet (Telangana), July 14 (UNI) Telangana Chief Minister A Revanth Reddy today declared that the ration card is not just a welfare document, but a symbol of the poor's self-respect, identity, and their primary shield against hunger. Speaking at a massive public meeting in Tirumalagiri, Thungathurthy constituency of Suryapet district, the Chief Minister launched the distribution of new ration cards and launched a sharp attack on the opposition, particularly the previous BRS government. CM Revanth Reddy said that while the BRS ruled Telangana for a decade, they never thought of issuing new ...Read More >
New Delhi, July 19 (SocialNews.XYZ) India's exports of agricultural and processed foods got off to a great start in FY26, growing 7 per cent year-on-year to $5.96 billion in the April-June quarter (Q1 FY26). The centre-piece of India's agricultural exports is still rice. The shipments of both non-basmati and basmati rice increased by 3.5 per cent to $2.9 billion in Q1. This comes after rice exports in FY25 reached a record $12.47 billion, a 20 per cent increase over the previous fiscal year, as per official data. For more than 10 years, India has maintained its position as the world's large ...Read More >
VISAKHAPATNAM: The depression over northwest and adjoining west-central Bay of Bengal and north Andhra Pradesh - south Odisha coasts moved north-north-westwards and crossed South Odisha coast close to Gopalpur during early morning of Tuesday and lay cantered over south coastal Odisha. Weatherman said it was likely to move north-westwards across south Odisha and south Chhattisgarh and weaken into a well-marked low-pressure area during next few hours. Under its influence, thunderstorms accompanied by lightning, are likely over north and south coastal Andhra Pradesh, Yanam and Rayalaseema. Stro ...Read More >