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.
COLOMBO: At least 30 Indian fishermen were repatriated from Sri Lanka on Tuesday and are currently on their way back home, authorities said. "30 Indian fishermen were repatriated from Sri Lanka today and are on their way home," the Indian High Commission here said in a post on X. According to the Sri Lanka Navy, till April 2026, 15 trawlers and 102 Indian fishermen have been arrested by the Navy. In 2025, some 346 fishermen had been arrested in 44 trawlers while poaching in Sri Lankan waters, the Navy said. The Navy spokesman Commander Buddika Sampath told PTI he was not certain which batch of detentions the 30 fishermen were from. "It depends on the court procedure," he added. The fishermen issue is a contentious one in the ties between India and Sri Lanka, with Lankan Navy personnel even firing at Indian fishermen in the Palk Strait and seizing their boats in several alleged incidents of illegally entering Sri Lankan territorial waters. The Palk Strait, a narrow strip of water separating Tamil Nadu from Sri Lanka, is a rich fishing ground for fishermen from both countries. Fishermen from both countries are arrested frequently for inadvertently trespassing into each other's waters.
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrates advanced systems from leading Indian defence firms, including Bharat Electronics Limited (BEL), L& ...Read More >
Chennai, Jun 29 (PTI) Tamil Nadu Chief Minister MK Stalin on Sunday conveyed to the Centre that 8 fishermen have been arrested by Sri Lanka and sought its intervention to ensure their safe return. Writing to External Affairs Minister S Jaishankar, Stalin said: "I wish to draw your urgent attention to a matter of grave concern affecting the livelihood and safety of Indian fishermen, particularly those from Tamil Nadu." The CM said it has been reported that the Sri Lankan authorities on June 29, 2025 apprehended 8 fishermen from Rameswaram and seized their mechanised fishing boat. Such inciden ...Read More >
Chennai, June 29 (UNI) Eight fishermen from Tamil Nadu were arrested by the Sri Lankan Navy while fishing in the high seas today, even as Chief Minister M K Stalin urged External Affairs Minister (EAM) Dr S Jaishankar to initiate proactive diplomatic steps to secure their release along with their boat. The eight fishermen, hailing from Rameswaram in Ramanathapuram district, were fishing in a mechanised boat near Katchatheevu, when they were arrested by the Sri Lankan Navy personnel. The Lankan Navy arrested them for fishing in their territorial waters after crossing the International Mariti ...Read More >
New Delhi, Jul 15 (PTI) St Stephen's College and St Thomas School here received bomb threats through email on Tuesday, prompting authorities to launch a thorough search operation, with officials saying nothing suspicious has been found so far. Deputy Commissioner of Police (North) Raja Banthia said St Stephen's College reported that they received the bomb threat at 7:15 am. "The mail claimed that four IEDs and two RDX bombs have been planted on the premises and in the library of the college. It further claimed that those would explode by 2 pm," the police officer was quoted as saying in a st ...Read More >
Kolkata: Thirty-four fishermen from Kakdwip in two fishing trawlers were allegedly detained by the Bangladesh Navy in the early hours of Monday for allegedly crossing into Bangladeshi waters while fishing in the Bay of Bengal. According to sources, the two trawlers -- FV Jhor and FV Mangalchandi -- were intercepted about 77 nautical miles from the Fairway Buoy of Mongla Port in Bangladesh.Bangladesh media reported that a Bangladesh Navy patrol vessel spotted the trawlers fishing within their exclusive economic zone and detained the crew along with the boats and fishing equipment. The fishermen ...Read More >
Mumbai, Jun 6 (PTI) A special CBI court on Friday remanded a junior engineer at Garrison Engineer office in Mumbai's Navy Nagar to police custody till June 9 in a bribery case. Dinesh Pandey was arrested by the Central Bureau of Investigation on Thursday for allegedly accepting a bribe of Rs 4.5 lakh from a contractor to clear a building repair bill. The CBI told court Pandey was caught red-handed and the bribe amount of Rs 3.4 lakh was recovered from a cupboard in his office in Naval Officers Family Residential Area (NOFRA) here. The CBI sought five-day custody of Pandey citing the need to ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC Bank, Eternal (Zomato), HUL, Sun Pharma, Bajaj Finance, ICICI Bank, Titan and Bajaj Finserv ...Read More >
Shillong, Jul 18 (PTI) Union minister Krishan Pal Gurjar on Friday stressed the need for effective Centre-State coordination, real-time digital monitoring, and transparent fund utilisation for timely and efficient execution of development projects. Concluding his two-day visit to Meghalaya, the Union Minister of State for Cooperation reviewed the implementation of key centrally-sponsored schemes such as the Pradhan Mantri Awas Yojana (PMAY), the Lakhpati Didi initiative, Jal Jeevan Mission, and the strengthening of Primary Agricultural Credit Societies (PACS), an official said. Also Read | C ...Read More >
Guwahati/Morigaon, Jun 6 (PTI) The flood situation in Assam continued to be critical with over 5.6 lakh people reeling under the deluge in 16 districts, an official bulletin said on Friday. The toll in this year's floods and landslides stands at 21, with two more deaths reported on Thursday. Also Read | Thane Shocker: Wife Booked for Hurling Hot Oil on Autorickshaw Driver During Fight Over Domestic Issues in Kalyan. Wildlife has also been affected with nearly 70 per cent of the Pobitora Wildlife Sanctuary in Morigaon district facing inundation, an official said. The Regional Meteorological ...Read More >
Kolkata, July 15: As many as 34 fishermen, mostly hailing from the coastal belt of Kakdwip in South 24 Parganas district of West Bengal, have been detained by the Bangladesh administration after their fishing trawlers allegedly crossed the international waters and entered the neighbouring country's coastline. As per information communicated to the West Bengal government, the incident took place late on the night of July 13, and the matter was communicated to the Indian and the West Bengal administration officially by the Bangladesh government on Tuesday morning. Tamil Nadu: 8 Indian Fishermen ...Read More >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
Rameswaram (Tamil Nadu) [India], July 13 (ANI): Seven Indian fishermen were arrested by the Sri Lankan Navy on Sunday morning for allegedly fishing across the maritime border between the two countries, Rameswaram Fishermen Association said. As per the association, at around 5 am, the Sri Lankan Navy apprehended the crew of the fishing boat IND-TN-10-MM-746, belonging to V Isaac Paul of Rameswaram Thangachimadam, on the charges of crossing the international maritime boundary. The arrested fishermen, identified as P Tuthar (40) of Thangachimadam Raja Nagar, P Edison (51) of Thangachimadam Wala ...Read More >
TIRUCHY: Tamil Nadu fishers who have been facing frequent arrests on charges of crossing the International Maritime Boundary Line (IMBL) at the Palk Strait would soon get a good news as the bilateral talks between India and Sri Lanka has witnessed positive approach and negotiations are being made to solve the mid-sea issues faced by the Indian fishermen particularly those who are from Tamil Nadu. Palk Street is a narrow strip of water separating Tamil Nadu and the Northern Province of Sri Lanka and the Gulf of Mannar, where the controversial Katchatheevu is situated. Sources revealed that fo ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in a civil dispute between the parties by filing a first information report and seeking the help of the ...Read More >
New Delhi, Aug 1 (PTI) Commerce and Industry Minister Piyush Goyal will hold meetings with exporters from different sectors, including food processing, textiles, engineering, and chemicals, from August 2-4 in Mumbai to discuss the implications of 25 per cent tariff announced by the US, an industry official said on Friday. The official added that exporters from segments such as fisheries, engineering, IT, and pharma will also participate in the deliberations. Leather sector exporters are expected to meet the minister on August 4 here. The US on Friday slapped a 25 per cent tariff on India, p ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
Colombo, June 29 (Daily Mirror) - The Sri Lanka Navy seized an Indian fishing boat and apprehended eight Indian fishermen while they were poaching in Sri Lankan waters north of Mannar, during a special search operation conducted early this morning. The North Central Naval Command spotted a group of Indian fishing boats engaging in illegal fishing, trespassing into Sri Lankan waters in the early hours of today and deployed its Inshore Patrol Craft to drive away the Indian fishing boats from island waters, north of Mannar, the Sri Lanka Navy said. The navy seized one Indian boat and apprehende ...Read More >
Mumbai, July 7 (PTI) After a 20-hour search operation involving multiple agencies, the "suspicious boat" spotted in the Arabian sea in Maharashtra's Raigad district has been identified as a fishing net buoy which was drifted into the Indian waters with an AIS transponder, police said on Monday. Considering the high alert situation, the sensitive operation has not been called off yet, said Raigad Superintendent of Police Aanchal Dalal. The Indian Coast Guard on Sunday night informed the police that the suspected Pakistani boat, "Muqadar Boya 99" with a boat number MMSI-463800411 was spotted n ...Read More >
Mumbai On High Alert: Unidentified Boat Spotted Near Raigad Coast; Security Protocols Increased (VIDEO) | Representatinal Image A high-alert security scare off the Raigad coast late on Saturday evening triggered a swift and extensive response from the Mumbai Crime Branch, Raigad Police, and multiple maritime security agencies. The suspected Pakistani boat, which was initially believed to pose a possible infiltration threat, was ultimately identified as a floating fishing net buoy commonly used by local fishermen.The suspected Pakistani boat, which was initially believed to pose a possible inf ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent muted demand scenario. Select companies from metals, pharmaceuticals, cement, banking and finance and ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
New Delhi, Jul 1 (PTI) The Indian Navy contained a fire on board a Palau-flagged tanker in the North Arabian Sea and ensured safety of 14 of the vessel's Indian crew members. The Navy swung into action and launched the fire-fighting operation after receiving a distress call from the vessel on Sunday. The vessel reported a major fire in its engine room while operating approximately 80 nautical miles east of Fujairah in the United Arab Emirates (UAE). "The Indian Navy undertook a high-risk fire fighting and rescue operation on-board Palau-flagged tanker MT Yi Cheng 6 on June 29 in the North A ...Read More >
Bhubaneswar, Jul 3 (PTI) Ruling BJP MLA Santosh Khatua on Thursday courted controversy after allegedly making 'derogatory' remarks against a prominent woman BJD leader, prompting a strong backlash and a demand for an apology from Chief Minister Mohan Charan Majhi and the saffron party. BJD's senior general secretary and spokesperson Lekhashree Samantasinghar has also drawn the attention of Prime Minister Narendra Modi by tagging a letter in her X post. Khatua, a lawmaker from Nilgiri assembly constituency in Balasore district, in a statement to certain television channels allegedly made "der ...Read More >
Udupi: Three fishermen have gone missing after their traditional fishing boat capsized off the Gangolli coast in Udupi district. The missing have been identified as Suresh Kharvi, Rohith Kharvi and Jagadish Kharvi of Malyarubettu. They were part of a group of four fishermen who had ventured into the sea for fishing in a boat owned by Suresh Kharvi. According to sources, the sea turned rough during the trip. When the fishermen attempted to return to shore, the boat reportedly overturned due to t ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in Srinagar, and two in Budgam district -- (KNO) ...Read More >
Chennai, Jul 13 (PTI) Tamil Nadu Chief Minister MK Stalin on Sunday wrote to External Affairs Minister S Jaishankar apprising him of the arrest of seven fishermen by Sri Lanka and sought steps for their release. At present, 232 Tamil Nadu fishing boats and 50 fishermen are being held by the Sri Lankan authorities, and action should be taken to get the fishermen and their boats released, the CM urged the Centre. In the early hours of July 13, seven fishermen, along with their mechanised fishing boat were taken into custody by Sri Lankan Navy, Stalin conveyed to Jaishankar in a letter. On the ...Read More >
Lucknow, Jul 17 (PTI) Uttar Pradesh's capital city has secured the third position in the category of urban spaces with population exceeding 10 lakh, while Prayagraj was adjudged the Cleanest Ganga City in the ninth edition of the Swachh Survekshan. Lucknow also became the first city in the state to achieve a 7-star Garbage Free City rating in the 2024-25 survey. Gorakhpur achieved double success, ranking third in the Safai Mitra Surakshit Sheher category and fourth among cities with a population between 3 to 10 lakh. Agra has been recognised as the Emerging Clean City of Uttar Pradesh, securi ...Read More >
Shillong, Jul 18 (PTI) Union minister Krishan Pal Gurjar on Friday stressed the need for effective Centre-State coordination, real-time digital monitoring, and transparent fund utilisation for timely and efficient execution of development projects. Concluding his two-day visit to Meghalaya, the Union Minister of State for Cooperation reviewed the implementation of key centrally-sponsored schemes such as the Pradhan Mantri Awas Yojana (PMAY), the Lakhpati Didi initiative, Jal Jeevan Mission, and the strengthening of Primary Agricultural Credit Societies (PACS), an official said. The minister ...Read More >
India has sought consular access to 34 Indian fishermen who were detained by Bangladeshi authorities this week on charges of crossing the maritime boundary, people familiar with the matter said on Friday. The fishermen and two fishing trawlers, FB Jhor and FB Ma Magal Chandi, were apprehended by Bangladeshi authorities near Mongla port during July 14-15,the people said. The fishermen were accused of crossing the international Maritime boundary line and fishing in Bangladesh's territorial waters ...Read More >
NEW DELHI, July 18: Bangladesh has apprehended 34 Indian fishermen for allegedly fishing in its territorial waters and India has been pressing Dhaka to ensure their safe and early return, official sources said on Friday. The fishermen along with their two fishing trawlers were apprehended on the intervening night of July 14 and 15, they said. Immediately after information about the incident was received, the Indian high commission in Bangladesh took up the matter with Bangladeshi authorities and immediate consular access to the fishermen, the sources said.A total of 34 Indian fishermen along ...Read More >