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.
MADRID: India's Under 12 football team has emerged as champions at the prestigious Real Madrid Foundation World Challenge, held at the iconic training complex of Real Madrid in Madrid, Spain. Competing against some of the best youth teams from across the globe, the Indian U12 side delivered a composed and commanding performance throughout the tournament. Facing leading footballing nations, the team combined tactical discipline with attacking flair to secure a decisive 3-0 victory over Brazil in a gripping final, according to a press release. This achievement gains further significance given the scale and pedigree of the tournament, hosted by a leading European club, and reflects the steady rise of India's grassroots football ecosystem while setting a new benchmark for youth development in the country. The annual tournament, conducted during Easter week, brought together over 80 teams and more than 1,000 young players across U10, U12 and U14 categories, representing regions including Europe, North America, South America and South Asia. Hosted at Real Madrid's famed Sports City, the event offers young athletes a rare opportunity to compete on the same pitches graced by global stars such as Kylian Mbappe and Vinicius Junior. India's campaign stood out not only for its championship win but also for its overall consistency and competitive excellence. The Indian U14 contingent also progressed to the semi-finals, going down to Italy in a nail-biting five-goal thriller, with Italy scoring the decisive goal late in the second half. Both teams demonstrated depth in talent and resilience against top-tier international opposition, contributing to India's strong overall presence at the tournament. The Indian squads, comprising players from Delhi NCR, Mumbai, Pune, Bengaluru and Hyderabad, represented a unified national effort as part of the Conscient Sports program. Their journey to the top included notable victories against teams from Spain, Germany, Brazil, Uruguay, Mexico, the USA, Canada, Malaysia, Azerbaijan and Morocco, underscoring the global competitiveness of the event. Adding to the prestige of the tournament, Brazil and Real Madrid legend Roberto Carlos attended as the official ambassador, interacting with players and inspiring the next generation of football talent. (ANI)
Air India launched a Black Friday Sale with discounts up to 20% on domestic flights and up to 12% on international flights to various destinations. The sale is available through the airline's website and mobile apps. Additional savings are possible with waived convenience fees and specific payment methods. The airline continues offering student and senior citizen discounts.Air India on Friday launched a limited-time Black Friday Sale offering discounts of up to 20 per cent off base fares for domestic flights within India. The Tata-owned airlines will also offer up to 12 per cent off base fares ...Read More >
* Commoditisation and similarity of products and services with competitors will have the most significant impact on how businesses deliver customer experiences over the next two years, according to the latest IDC InfoBrief commissioned by Affinidi * However, businesses who are looking to hyper-personalise their products as a competitive differentiator are facing several obstacles in addressing the privacy-personalisation dilemma, with 56% of them highlighting data collection and management to be a key challenge. * To truly enhance customer experiences through more personalised insights, they m ...Read More >
Air India is also offering additional discounts through various payment offers, so you can enjoy even more savings. Air India has launched its limited-time Black Friday Sale, offering up to 20 percent off base fares for domestic flights and up to 12 percent off on international flights to destinations like the United States, Europe (including the UK), Australia, Southeast Asia, and South Asia. The sale is available exclusively on Air India's official website and mobile apps for iOS and Android. The sale runs from 00:01 IST on 29 November 2024 to 23:59 IST on 2 December 2024. The travel peri ...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, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to the allegations to NCW officials. Officials said further steps will be considered after reviewing his ...Read More >
Kylian Mbappe has come under increased scrutiny after a difficult start to his Real Madrid career, with his underwhelming performance in the Champions League clash against Liverpool on Wednesday fueling criticism. The Frenchman missed a pivotal penalty in the second half, as Real Madrid fell to a 2-0 defeat, with many fans and pundits quick to question his adaptation to life at the Santiago Bernabeu. Several former football stars, including Bacary Sagna and Gareth Bale, have come forward to show their strong support for Kylian Mbappe. Sagna, in particular, drew comparisons between Mbappe and ...Read More >
NEW DELHI, June 3 (Reuters) - Prime Minister Narendra Modi's high-profile attendance at a global airlines conference this week underscores how much India is banking on a boom in aviation to support wider development goals, but headwinds to its ambitions are gathering force. Undeterred by the uncertainty gripping the aviation sector globally due to trade tensions and shaky consumer confidence, India's biggest airlines are ploughing ahead with orders for new planes, following record deals two year ...Read More >
New Delhi: The Aircraft Accident Investigation Bureau (AAIB) is probing from all angles, including sabotage, in the Air India plane crash in Ahmedabad that killed 274 people on board and on the ground last month, Minister of State (MoS) For Civil Aviation Murlidhar Mohol said. Mohol said the black box of the Air India flight AI 171 that has been recovered is in AAIB's custody and will not be outside the country for a thorough assessment. The MoS was speaking at the Pune chapter of the Emerging Business Conclave. "It (plane crash) was an unfortunate incident. The AAIB has begun a full investig ...Read More >
Lucknow, Jul 14 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Monday said the state's health services must be made future-ready to keep pace with global advancements and effectively respond to emerging challenges. He was speaking at the foundation stone laying and inauguration ceremony of various health projects worth Rs 1,000 crore at King George's Medical University (KGMU) here. Deputy Chief Minister Brajesh Pathak, who also holds the Health portfolio, and Medical Education Minister Mayankeshwar Sharan Singh were present on the occasion. The chief minister said institutions like K ...Read More >
New Delhi, Jul 15 (PTI) The world's merchandise trade grew by 5.3 per cent year-on-year in the January-March quarter of 2025 as imports surged in North America in anticipation of higher tariffs in the US, the WTO said in a statement on Tuesday. Sequentially, global goods trade rose by 3.6 per cent in the first quarter of 2025. Merchandise trade volume growth in the first quarter was stronger than the WTO's most recent forecast, but its economists expect the pace of expansion to slow later in the year as fully stocked inventories and higher tariffs weigh on import demand, it said. It said th ...Read More >
Hyderabad, July 18 (UNI) In view of the ongoing heavy rains in Hyderabad, Chief Minister A Revanth Reddy has directed all concerned departments to stay on high alert and ensure swift response to public grievances. The Chief Minister instructed officials from GHMC, HMDA, Water Works, Electricity, and Police departments to work in close coordination to prevent any rain-related disruptions. He also emphasised the need for immediate action in areas facing waterlogging, power outages, or other rain-induced issues. CM Revanth Reddy further directed the deployment of SDRF, NDRF, Hydra teams, and ot ...Read More >
Ahmedabad, June 8: 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 approximately four times long ...Read More >
NEW DELHI, Jun 8: The Indian Premier League needs a 12-16 week operating window to match the brand value of top sporting leagues in the world including the NFL, NBA and Premier League, reckons Punjab Kings co-owner Mohit Burman. At USD 16.8 million, the IPL is only behind NFL (USD 36.8 million) in terms of per-match value but needs to catch up with its global rivals like NFL and leading European football leagues when it comes to the overall brand value pecking order. According to leading investment bank Houlihan Lokey, the IPL is valued at roughly USD 16 billion while one NFL franchise Dalla ...Read More >
New Delhi: Chief minister Rekha Gupta on Sunday said authorities cannot go against demolition orders issued by courts and stressed that displaced residents have been provided accommodation.Her words came in the wake of the recent Madrasi Camp demolition for which the opposition Aam Aadmi Party (AAP) has criticised her. AAP has targeted Gupta, and alleged that the displaced Madrasi Camp residents were provided homes in faraway Narela, and those lack basic amenities.Attending an event to mark the construction of a Jan Sewa camp at a slum cluster in the Haiderpur area, Gupta told reporters: "In t ...Read More >
New Delhi, Jul 2 (PTI) Under-fire India football head coach Manolo Marquez stepped down on Wednesday after reaching a "mutual agreement" with the All Indian Football Federation (AIFF) following a string of poor performances by the national team. The AIFF Executive Committee, in its meeting here, agreed to relieve Marquez after he expressed his desire to do so despite one year still left in his contract. Also Read | WI vs AUS 2025: Daren Sammy Holds No 'Grudges' Against TV Umpire After Barbados Fallout, Says 'I Wish He Has an Awesome Game'. "The AIFF and Manolo decided to mutually part ways ...Read More >
New Delhi, Jul 7 (PTI) Jaguar Land Rover on Monday said its dispatches to dealers declined by 11 per cent year-on-year to 87,286 units for the first quarter ended June 30. Compared to the prior year, wholesale volumes for the first quarter were down in North America, Europe and the UK by 12 per cent, 14 per cent and 25 per cent respectively, JLR said in a statement. The UK market was the most impacted by the planned cessation of the legacy Jaguar models, it added. The British marquee brand said its retail sales for the April-June period this year stood at 94,420 units, a dip of 15 per cent ...Read More >
Chennai: The auto component industry's trade surplus increased to just short of half a billion dollars in FY25 as exports overtook imports for the second year in a row. According to the latest data from the Automotive Component Manufacturers Association of India (ACMA), the trade surplus was $453 million in FY25 up from $300 million FY24. Auto parts exports at just under $23 billion are up 8% while imports at $22.4 billion are up 7%.Exports have nearly doubled from just over $13 billion in FY21. In FY25 top growth regions were CIS and Baltics (up 35.4%) followed by Latin America (up nearly 21% ...Read More >
Dehradun (Uttarakhand) [India], July 16 (ANI): Following the tragic road accident in the Muwani area of Pithoragarh district on Tuesday that claimed eight lives, Uttarakhand Chief Minister Pushkar Singh Dhami announced that the state government would provide Rs 2 lakh each to the families of the deceased and Rs 50,000 to the injured. This would be in addition to the ex-gratia of Rs 2 lakh from the Prime Minister's National Relief Fund (PMNRF), announced by Prime Minister Narendra Modi, which would be given to the next of kin of the deceased. Also Read | Weather Forecast Today, July 16: Check ...Read More >
Delhi is facing worsening pollution and erratic weather patterns, with the air quality regularly reaching dangerous levels. This is partly due to climate change, with temperature rises and unpredictable rainfall patterns caused by global warming. The industrial revolution has played a significant role, contributing to the rise in global temperatures. The effects are already being felt, with 2024 witnessing record-breaking heat in India. Despite this, there is little action from society or leadership, with courts repeatedly stepping in to address issues like pollution and farm fires. The need f ...Read More >
The global smoke grenade market is expected to grow from $297.24 million in 2023 to $456.46 million by 2031, driven by a 5.5% CAGR. Military, law enforcement, and emergency services are the primary sectors fueling demand, especially for tactical operations, training, and crowd control. Advances in technology have led to safer, more effective smoke grenades, while commercial uses in activities like paintball and film production are rising. Environmental concerns are promoting the development of eco-friendly products. North America leads the market, with rising military expenditures further boos ...Read More >
Thiruvananthapuram (Kerala) [India], June 8 (ANI): The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, will dock at the Vizhinjam International Seaport in Thiruvananthapuram, Kerala, on Monday morning and will be berthed until Tuesday. This monumental arrival marks a significant milestone for the seaport, which Prime Minister Narendra Modi dedicated to the nation on May 2. Also Read | MSC IRINA, World's Largest Container Ship, To Make Historic Debut at Vizhinjam International Seaport. The MSC IRINA boasts an impressive capacity of 2 ...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 [India], July 3 (ANI): Argentina's World Cup-winning legend Lionel Messi paid tribute to Liverpool striker Diogo Jota following his demise in a car accident. Liverpool and Portugal forward Jota died in a car accident on Thursday in Spain at the age of 28. At the time of the accident, Jota was with his brother in the car, as reported by Sky Sports. Premier League and Liverpool Football Club took to their official social media and paid their condolences to the footballer. Also Read | Shubman Gill Records: Here's List of Achievements of Team India Test Captain During His Record-Breaki ...Read More >
OnePlus has released a new OxygenOS 15 update (CPH2573_15.0.0.305) for the OnePlus 12, bringing promised AI features such as AI Retouch, clarity enhancement, unblur, and reflection removal for photos, along with AI Notes. The update also enables live photo sharing with nearby iOS devices and includes the November 2024 Android security patch. Currently rolling out in batches in India, the update will expand to North America, Europe, and global markets next week. The update enhances both functionality and security, delivering on OnePlus' commitment to improving user experience with innovative AI ...Read More >
Bengaluru, Jul 5 (PTI) Indian javelin superstar Neeraj Chopra on Saturday clinched the inaugural NC Classic as he realised his dream of hosting and competing in a world class event in front of the home crowd and family members. The 27-year-old double Olympic medallist emerged winner with his third round throw of 86.18m at the Sree Kanteerava Stadium watched by his parents. Also Read | Will Kylian Mbappe Play Tonight in Real Madrid vs Borussia Dortmund FIFA Club World Cup 2025 Quarter Final Match? Here's the Possibility of French Star Featuring in Starting XI. This was his third straight tit ...Read More >
Mumbai, Dec 18 (PTI) Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session on Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows. Besides, investor sentiment remained subdued ahead of the outcome of the US Federal Reserve's policy meeting, scheduled for Wednesday, traders said. The 30-share BSE benchmark tumbled 502.25 points or 0.62 per cent to settle at 80,182.20, taking its downtrend to the third day. During the day, it tanked 634.38 points or 0.78 per cent to 80,050.07. As many as 2,563 stocks de ...Read More >
New Delhi: India's services sector activity kept up its high pace of growth in May, driven by a strong demand for exports, which also saw hiring of staff by firms surge to an all-time high during the month, according to the latest HDBC survey. Registering 58.8 in May, the seasonally adjusted HSBC India Services PM Business Activity Index - based on a single question asking how the level of business activity compares with the situation the month before - was broadly in line with April's reading of 58.7 (PMI) and therefore signalled another sharp rate of expansion. Growth was reportedly underpi ...Read More >
New Delhi [India], July 1 (ANI): Union Minister of State for Textiles and External Affairs Pabitra Margherita inaugurated the 73rd edition of India International Garment Fair (IIGF) on Tuesday. The inauguration took place in the presence of Chairman AEPC Sudhir Sekhri, prominent industry leaders and a large number of international buyers and exhibitors. Delivering his inaugural address, Margherita said, '73rd edition of the India International Garment Fair (IIGF) is Asia's largest and most dynamic garment fair. This fair is not just a showcase of fabrics and fashion; it is a celebration of t ...Read More >
The man said that the new vehicle in the same segment now comes with a steep cost. ShowQuick Read Summary is AI-generated, newsroom-reviewed A Delhi man sold his luxury SUV due to the new end of life vehicle policyThe policy bans diesel vehicles older than 10 years and petrol vehicles over 15 yearsAutomatic number plate recognition cameras monitor compliance at over 350 fuel stations Did our AI summary help? Let us know. New Delhi: A Delhi man was forced to sell his luxury SUV due to the g ...Read More >
New Delhi, Jul 11 (PTI) Shares of Glenmark Pharmaceuticals Ltd on Friday jumped 10 per cent after the firm said it has signed a deal with AbbVie to commmercialise its underdevelopment drug aimed to treat cancer and autoimmune diseases in an up to USD 2 billion deal, one of the largest transactions in the pharma sector. The stock surged 9.99 per cent to hit its 52-week high as well as the upper circuit limit of Rs 2,095.65 on the BSE. At the NSE, the stock zoomed 10 per cent to Rs 2,094.40 -- its 52-week high as well as upper circuit level. Glenmark Pharmaceuticals' arm Ichnos Glenmark Innov ...Read More >