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: The Indian Embassy in Iran issued a safety advisory urging its nationals to stay indoors and avoid military sites or upper floors of multi-storey buildings for the next 48 hours amid escalating US-Israel attacks. "In continuation of previous advisories, Indian nationals who are still in Iran must stay where they are for the next 48 hours, avoiding all electric, military installations and upper floors of multi-storey buildings, remaining indoors, and coordinating any highway movement strictly with the Embassy," the advisory said. It also urged hotel residents to maintain contact with embassy teams. The External Affairs Ministry (MEA) reiterated the warning, and said, "In view of the rapidly evolving situation in Iran, Indian nationals who are currently in Iran are advised to stay put where they are, shelter in place and avoid further movements." Any movement toward border crossings must be coordinated with the embassy. Emergency helplines have been provided: +98 912 810 9115, +98 912 810 9102, +98 912 810 9109, +98 993 217 9359. The advisory comes after US President Donald Trump warned on Truth Social: "A whole civilization will die tonight, never to be brought back again," adding, "Now that we have Complete and Total Regime Change, where different, smarter, and less radicalized minds prevail, maybe something revolutionarily wonderful can happen..!" Meanwhile, the US struck Kharg Island, a critical hub for 90 per cent of Iran's crude exports. The Islamic Revolutionary Guards Corps (IRGC) warned the attack could deprive American allies of regional oil and gas for years.
U.S. President-elect Donald Trump said on Monday that on his first day in office he would impose a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on goods from China, citing concerns over illegal immigration and the trade of illicit drugs. "On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders," Trump said in a post on Truth Social. Trump said the tariffs would remain in place until the two countries ...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 >
New Delhi [India], June 28 (ANI): External Affairs Minister S Jaishankar held a telephonic conversation with Iran's Foreign Minister Seyed Abbas Araghchi and thanked him for facilitating the safe evacuation of Indian nationals. The Iranian Minister shared his country's perspective and thinking in the current complex situation. Also Read | 'I Thought He Was Dreaming': US Teen Hallucinates and Walks Off 120-Foot Cliff on Mount Whitney, Now in Coma; Father Recounts Harrowing Ordeal. https://x.com/drsjaishankar/status/1938544594905645398?s=46 In a post on X, Jaishankar wrote, "Spoke to FM @ara ...Read More >
New Delhi [India], June 29 (ANI): External Affairs Minister S Jaishankar on Sunday extended 'warm greetings' to Seychelles governement on their National Day. https://x.com/DrSJaishankar/status/1939204223058747878 'Warm greetings to FM Sylvestre Radegonde, the Government and the people of the Republic of Seychelles on their National Day. Committed to further deepen our longstanding partnership, driven by Vision MAHASAGAR,' Jaishankar wrote on X. https://x.com/DrSJaishankar/status/1938496431872200917 On Friday, Jaishankar extended greetings to Djibouti FM Abdoulkader Houssein Omar on the 48t ...Read More >
Dehradun (Uttarakhand) [India], July 4 (ANI): Following the completion of four years as the Chief Minister of Uttarakhand, Pushkar Singh Dhami said that in the past four years, he has faced many challenges, but with the "grace of god", every time it became an "opportunity" for him. Pushkar Singh Dhami participated in the 'Northern Region Ministers Conference on Civil Aviation' in Dehradun. He was accompanied by Union Minister of Civil Aviation Ram Mohan Naidu. Also Read | PNB, Indian Bank and Bank of India Cut MCLR by 5 BPS in July 2025 After RBI Repo Rate Cut; Home, Personal Loans May Get C ...Read More >
Jaipur: The family of Jaipur resident Prakash Chand Joshi who was taken hostage in a terror attack in Mali has appealed to Prime Minister Narendra Modi to intervene in the matter and ensure his safe return. The family believes that PM Modi has ensured safe return of Indians trapped in hostile situations from several countries in the past and can also ensure the safe return of Joshi and two others trapped in Mali. The family is in constant touch with the Indian embassy in Mali's capital city of Bamako besides the Hyderabad-based company in which he worked and the Ministry of External Affairs ...Read More >
New Delhi, June 27 (SocialNews.XYZ) Prime Minister Narendra Modi will undertake a five-nation visit starting July 2, visiting Ghana, Trinidad and Tobago, Argentina, Brazil, and Namibia, the Ministry of External Affairs (MEA) announced on Friday. In the first leg of his visit, PM Modi will visit Ghana (July 2-3) which will be Prime Minister's first ever bilateral visit to Ghana. This Prime Ministerial visit from India to Ghana is taking place after three decades. During the visit, Prime Minister will hold talks with the President of Ghana to review the strong bilateral partnership and discuss ...Read More >
DHARAMSHALA, India (Reuters) -U.S. President Donald Trump's administration has decided to lift aid cuts for Tibetans in exile and provide $7 million in financing for projects such as those supporting health and education, the leader of the Tibetan government in-exile said on Wednesday. The Trump administration started cutting foreign aid after taking office in January as part of its "America First" policy, which has had an impact on programmes including those aimed at securing food supplies and preventing the spread of HIV in some of the poorest parts of the world. Penpa Tsering, leader of t ...Read More >
Lucknow (Uttar Pradesh) [India], July 4 (ANI): Bahujan Samaj Party (BSP) chief Mayawati on Friday took a jibe at the Bihar government for appointing principals to five colleges in Patna University via a draw of lots. She alleged that the principals have not been appointed based on their expertise in a subject. Sharing an X post, Mayawati wrote, "The issue of appointing principals through a new 'lottery' system in five prestigious colleges of the renowned Patna University in Bihar has become quite interesting, garnering significant attention across the country, especially in the media and educ ...Read More >
New Delhi [India], July 4 (ANI): India on Friday refuted claims that External Affairs Minister S Jaishankar's request to meet US President Donald Trump was denied by the White House due to his busy schedule, terming it as 'fake news.' In a post on X, Ministry of External Affairs (MEA) Factcheck unit stated, 'CLAIM: White House denies Indian FM Jaishankar's request to meet Donald Trump due to busy schedule. This is FAKE News. This CLAIM is false.' https://x.com/MEAFactCheck/status/1940852409657704485 MEA's statement comes after a user on social media platform X claimed that the White House d ...Read More >
Stocktwits - Indian markets opened on a cautious note on Monday, with the Nifty hovering around the 25,450 level as investors await clarity on US tariffs, Reports suggest that a mini-trade deal between the US and India is likely to be announced within the next two to three days. On the other hand, US President Donald Trump issued a warning to BRICS member countries, threatening to impose a 10% additional tariff on any nation that aligns itself with 'anti-American' policies of the bloc. At 09:40 a.m. IST, the Nifty 50 traded 16 points higher at 25,477, while the Sensex rose 35 points to 83,46 ...Read More >
New Delhi [India], July 16 (ANI): The Indian Embassy in Iran issued a travel advisory on Wednesday, urging Indian nationals to avoid non-essential travel to Iran. The advisory comes amid rising security concerns in the region over the past several weeks. https://x.com/India_in_Iran/status/1945190015501234391 'In view of the security-related developments over the past several weeks, Indian nationals are advised to carefully consider the evolving situation before undertaking non-essential travel to Iran,' the Indian Embassy said on X. Further embassy also 'advised to continue to monitor the ...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 >
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 >
New Delhi, Jun 26 (PTI) India has evacuated over 3,400 Indian nationals from Iran so far in 14 flights under Operation Sindhu launched on June 18 to bring home its citizens amid the ongoing Iran-Israel conflict, according to data shared by the Ministry of External Affairs on Thursday. At his weekly media briefing, MEA spokesperson Randhir Jaiswal, in response to queries on Operation Sindhu, also said, New Delhi was "assessing the situation on ground" and depending on that a decision would be taken whether to "continue with it or not". On June 24, while India remained "deeply concerned about ...Read More >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...Read More >
NEW DELHI, 26 Jun: India has evacuated over 3,400 Indian nationals from Iran so far in 14 flights under Operation Sindhu launched on 18 June to bring home its citizens amid the ongoing Iran-Israel conflict, according to data shared by the Ministry of External Affairs (MEA) on Thursday. At his weekly media briefing, MEA spokesperson Randhir Jaiswal, in response to queries on Operation Sindhu, also said that New Delhi is "assessing the situation on ground" and depending on that a decision would be taken whether to "continue with it or not." On 24 June, while India remained "deeply concerned ab ...Read More >
New Delhi, Jul 2 (PTI) Shashi Tharoor was a part of a government delegation that was sent abroad, and being a member, one has to defend the government, said Congress leader Prithviraj Chavan amid a row over the MP's recent remarks that have irked the party leadership. He, however, sounded cautious about "what happens to Mr Shashi Tharoor in future", saying, "I don't know and would not like to comment on that." Both Chavan and Tharoor were part of the now-defunct 'group of 23' that had written to then Congress president Sonia Gandhi in 2020 for the overhaul of the party organisation. Followin ...Read More >
TOI correspondent from Washington: In a warning shot that echoed across major world capitals and business majors on Tuesday, US President-elect Donald Trump said he will issue executive orders on day one of his presidency imposing new tariffs on all imported goods from China, Mexico and Canada, Washington's three largest trading partners, to stop the "invasion" of illegal migrants and drugs into the United States. In a post on his Truth Social platform, Trump put the onus of containing illegal border crossings squarely on two immediate neighbors on its southern and northern borders, saying "b ...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 27 (ANI): After India refused to sign a joint declaration at the Shanghai Cooperation Organisation (SCO) Defence Ministers' meeting in China on Thursday, certain reports had claimed that the declaration had found a mention of the Balochistan crisis, but failed to mention the Pahalgam terror attack prompting India not to endorse the document. However, sources have clarified that these reports are completely incorrect. According to sources, the alphabet soup of the declaration document did not have either B (Balochistan) or P (Pahalgam) in its text. The document did not ...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 >
Those persons who are staying illegally in the US or have committed visa fraud will be held responsible, the country's embassy in India said on Saturday. The US Embassy in a brief statement on X also said if anyone breaks the US law, they will be punished with "significant criminal penalties". "Those who are in the United States illegally or commit visa fraud will be held responsible. If you break US law, you will be punished with significant criminal penalties," the embassy said in its post. ...Read More >
PALAKKAD: Indian nurse Nimisha Priya, who is on death row in Yemen, has been informed that her execution is scheduled for 16 July. Her husband, Tomy Thomas, confirmed this while speaking to The New Indian Express over the phone on Friday. According to Thomas, Nimisha conveyed the news through WhatsApp text and voice messages sent last week from the Central Prison in Sana'a, where she is currently held. She allegedly told him that the chairman of the prison personally informed her of the decision and the date. "They told her about the execution date and she was very upset. I tried to comfort ...Read More >
New Delhi: US President Donald Trump abruptly froze trade talks with Canada this week because Ottawa plans to begin collecting a digital tax from big technology companies, including American giants like Google, Amazon, Meta and Uber. Trump did not hold back. In a post on his Truth Social platform, he called the tax a "direct and blatant attack on our country". He said the United States would respond within days with fresh tariffs on Canadian goods. The move did not come out of nowhere. Quietly passed in June 2024, the Canadian law charges a 3% levy on digital services revenue earned from Can ...Read More >
New Delhi [India], July 3 : The Ministry of External Affairs (MEA) has expressed deep concern over the abduction ... New Delhi [India], July 3 : The Ministry of External Affairs (MEA) has expressed deep concern over the abduction of three Indian workers from a factory in Mali's Kayes region and urged authorities in the West African country to ensure their "safe and expeditious" rescue. "It has come to the knowledge of the Government of India that many military and government installations at multiple locations of western and central Mali were attacked by terrorists on July 1," the MEA said i ...Read More >
NEW DELHI, July 3 (Xinhua) -- India has demanded that the government of Mali secure the safe and expeditious release of three Indian nationals who were abducted two days ago in the West African nation. The three Indians were employed at the "Diamond Cement Factory" in Kayes, Mali. They were abducted on July 1 when a group of unidentified armed assailants carried out a coordinated attack at the factory premises where they were working, and later kept them as hostages. In an official statement, India's Ministry of External Affairs said, "The government of India unequivocally condemns this depl ...Read More >
New Delhi, Jan 31 (UNI) With the Rwanda-backed M23 rebel group seizing control of Goma, a key city in the eastern part of the Democratic Republic of Congo (DRC), and advancing south towards Bukavu, India today called for a peaceful resolution of the conflict. Most of the around 1,000 Indian nationals who were living in Goma have moved to safer locations. Ministry of External Affairs spokesperson Randhir Jaiswal said at a briefing: "We are closely following the developments in the Democratic Republic of Congo [DRC]. "We remain concerned at the deteriorating security situation. We call for a ...Read More >
Mumbai: Benchmark stock indices Sensex and Nifty rebounded nearly 2 per cent on Tuesday in line with a recovery in Asian peers after US President Donald Trump delayed tariffs on Mexico and Canada for a month. The 30-share BSE Sensex jumped 1,397.07 points or 1.81 per cent to settle at a month's high of 78,583.81. During the day, it surged 1,471.85 points or 1.90 per cent to 78,658.59. The NSE Nifty soared 378.20 points or 1.62 per cent to 23,739.25, a level not seen since January 3. From the 30-share blue-chip pack, Larsen & Toubro rallied nearly 5 per cent. Adani Ports, IndusInd Bank, Tata ...Read More >