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NEW DELHI: India has withdrawn its proposal to host the 33rd edition of the Conference of Parties (COP33) climate summit, which is scheduled for 2028. Rajat Agrawal, a joint secretary at the the Ministry of Environment, Forest, and Climate Change, informed the secretariat of the United Nations Framework Convention on Climate Change (UNFCCC) about India's decision. Agrawal, who has the responsibility of liaising with the UN body, conveyed the decision to the chair of the Asia-Pacific Group of the organisation in a letter sent on April 2. Spokesperson of the ministry Virat Majboor confirmed to this newspaper that India had indeed communicated its decision to the UNFCCC secretariat. "This has been officially communicated to the concerned parties, but no further details are available," he said. Unconfirmed reports state that India told the chair of the Asia-Pacific group that the decision was based on the "review of its commitments for 2028". During COP28 in Dubai in 2023, Prime Minister Narendra Modi had announced that India wished to host COP33.
Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. "Large-scale illegal stone mining is taking place in the hills of Karbi Anglong in violation of the Supreme Court order. The SC had banned mining in and around K ...Read More >
NEW DELHI (AP) -- India will start counting its vast population in a mammoth exercise starting next year. The first census in 16 years will be conducted digitally and include controversial questions about caste for the first time since independence. The Home Ministry announced plans to conduct a two-stage count ending March 1, 2027, in a statement Wednesday night. India's last official census in 2011 counted 1.21 billion people. The country's population is now estimated to be well over 1.4 billion, making it the world's most populous country, according to the U.N.'s Department of Economic an ...Read More >
New Delhi [India], June 6 (ANI): Prime Minister Narendra Modi on Friday reaffirmed India's commitment to fighting terrorism, stating that India stands firm and resolute in its collective fight against this threat in the backdrop of the April 22 Pahalgam terror attack, which claimed the lives of 26 tourists. Prime Minister Narendra Modi expressed optimism about strengthening ties with Central Asia, following the 4th India-Central Asia Dialogue and posted on X, 'Delighted to meet with the Foreign Ministers of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. India deeply che ...Read More >
New Delhi, June 7 (SocialNews.XYZ) Union Minister of Earth Sciences (Independent Charge) Jitendra Singh on Saturday left for France to lead a high-level Indian delegation at the International Meet on Oceans. The event will be held at the French city of Nice, as part of the United Nations Ocean Conference (UNOC3) from June 8 to 13. "Looking forward to representing India at the French picturesque coastal city of Nice, in the United Nations Ocean Conference," Singh shared in a post on X. At the general debate at UNOC3, Singh will articulate India's stance on ocean policy, highlighting the coun ...Read More >
Mark Carney declined to answer if he believed Indian PM had a role in murder of Sikh activist Hardeep Singh Nijjar Canada's prime minister Mark Carney has defended his decision to invite India's prime minister Narendra Modi to the upcoming G7 summit in Alberta, despite Canada's federal police's conclusion that the murder of a prominent Sikh activist in British Columbia was orchestrated by the "highest levels" of the Indian government. Carney declined to answer reporters' questions over whether ...Read More >
Bhubaneswar: Sainik School Bhubaneswar is set to host the prestigious "All India Sainik Schools Inter Group (National Level) Football Tournament-2025" from June 7 to June 15, 2025, at its school campus in the State Capital. The tournament, organized under the aegis of Sainik Schools Society, Ministry of Defence, and Government of Odisha, will feature teams that have emerged victorious in the eight Intra Group competitions. The tournament will be conducted in three categories: Sub Junior Boys (Under 15), Junior Boys (Under 17), and Junior Girls (Under 17). The winners of this tournament will ...Read More >
Noting that the evolution of Quad has been a "notable development," External Affairs Minister S. Jaishankar has said the Indo-Pacific is experiencing "significant changes" including new convergences and partnerships. "In an era of collaborative endeavours, the Indo-Pacific will require practical solutions, nimble diplomacy, greater adjustment and more open conversations. The G7 can be one such partner," Mr. Jaishankar said as he attended the G7 FMM Outreach Session with Indo-Pacific partners in the Italian city of Fiuggi on Tuesday. G7 ministers throw support behind Israel-Hezbollah ceasefir ...Read More >
Itanagar, Jun 7 (PTI) The flood situation in Arunachal Pradesh improved on Saturday with water levels of most rivers receding, even as 33,000 people in 24 districts remained affected, officials said. Twelve people lost their lives and one person went missing in rain-related incidents, including landslides, after the monsoon set in, they said. In its daily report, the State Emergency Operation Centre (SEOC) said 33,200 people in 215 villages remained affected due to floods and landslides in the state. The water levels of most major rivers and their tributaries were showing a receding trend o ...Read More >
New Delhi: Under fire from pro-Khalistan organisations in Canada after inviting Prime Minister Narendra Modi for the G-7 summit, Canadian PM Mark Carney justified his decision by pointing out that India is the fifth largest economy in the world and therefore needs to be part of the summit as a guest country. Also, it is understood that almost all the G-7 member nations were keen on an invite to PM Narendra Modi and may have played a major role in influencing Canada's decision. The summit will present an opportunity for an interaction on the sidelines between Mr Modi and the G-7 leaders. The G ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
ess than 24 hours after he asserted in Nigeria's Abuja that stepping out of the comfort zone, innovating and creating new paths has now become the very essence of today's India, Prime Minister Narendra Modi on Monday told the gathering of world's most influential leaders converged in Rio de Janeiro for the G20 Summit that the main reason for India's success lies in his government's 'back to basics' and 'march to the future' approach. Addressing the G20 session on 'Social Inclusion and the Fight Against Hunger and Poverty' at the bayside museum of modern art during the two-day 19th G20 Summit, ...Read More >
Russian President Vladimir Putin has received an invitation to visit India by Prime Minister Narendra Modi, with plans for the visit to be finalized in early 2025. This announcement was made by Kremlin Aide Yury Ushakov during a recent briefing. According to Ushakov, the two leaders have agreed to meet annually, and this time it is Russia's turn to host the meeting. "Our leaders have an agreement to hold meetings once a year. This time, it's our turn," the diplomat noted. "We received Mr. Modi's invitation and we will certainly consider it positively," he stated. Regarding the tentative date ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...Read More >
Gandhinagar (Gujarat) [India], June 6 (ANI): During the World Environment Day 2025 event held at Mahatma Mandir in Gandhinagar, Chief Minister Bhupendra Patel called for collective efforts to transform the Prime Minister's vision of 'Ending Plastic Pollution' into a mass movement. The program, jointly organised by the Forest and Environment Department and the Gujarat Pollution Control Board, was graced by Forest, Environment and Climate Change Minister Mulubhai Bera and Minister of State Shri Mukesh Patel. Also Read | Chinnaswamy Stampede: Karnataka CM Siddaramaiah Suspends Bengaluru Police ...Read More >
New Delhi [India], June 6 (ANI): Prime Minister Narendra Modi on Friday reaffirmed India's commitment to fighting terrorism, stating that India stands firm and resolute in its collective fight against this threat in the backdrop of the April 22 Pahalgam terror attack, which claimed the lives of 26 tourists. Prime Minister Narendra Modi expressed optimism about strengthening ties with Central Asia, following the 4th India-Central Asia Dialogue and posted on X, "Delighted to meet with the Foreign Ministers of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. India deeply che ...Read More >
Srinagar, Jun 06: Political leaders in Jammu and Kashmir have extended greetings to the people on the auspicious occasion of Eid-ul-Adha. They expressed hope that the revered occasion brings peace and prosperity to the region. Dr Farooq Abdullah National Conference (NC) president, Dr Farooq Abdullah conveyed his heartfelt greetings to the people on Eid-ul-Adha, wishing them peace, prosperity and unity. In his message, Dr Abdullah reflected on the profound significance of the day, saying, "As the Muslim Ummah comes together in celebration of Eid-ul-Azha, I extend my warmest greetings to ever ...Read More >
Bengaluru (Karnataka) [India], June 7 (ANI): Two top Karnataka State Cricket Association (KSCA) officials -- secretary A Shankar and treasurer ES Jairam -- resigned from their posts during an emergency managing committee meeting held on Saturday, accepting 'moral responsibility' for stampede near M Chinnaswamy Stadium in Bengaluru. The incident occurred during celebrations following Royal Challengers Bengaluru's (RCB) maiden IPL title win and claimed 11 lives and left dozens injured. KSCA President Raghuram Bhat confirmed the development, saying that the resignations were discussed and accep ...Read More >
NEW DELHI: Prime Minister Narendra Modi on Saturday outlined five key global priorities to build disaster-resilient infrastructure, including a skilled workforce, a global digital repository to document best practices and innovative financing. He said that strengthening early-warning systems and coordination is another crucial aspect. Addressing the International Conference on Disaster Resilient Infrastructure 2025 via videoconferencing, Mr Modi noted that India has established a tsunami-warning system benefitting 29 countries and that it recognises the Small Island Developing States (Sida) a ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Katra: Prime Minister Narendra Modi visited Jammu and Kashmir on Friday to inaugurate multiple rail projects, including the world's highest Chenab Rail Bridge, the Anji Khad Bridge, and the Katra-Srinagar Vande Bharat Express, as part of the Udhampur-Srinagar-Baramulla Rail Link. These railway projects directly connect Jammu and Kashmir to the rest of the country. The Udhampur-Srinagar-Baramulla Rail Link is an all-weather railway corridor designed to provide seamless connectivity to the region through the rail network. During his visit, PM Modi reviewed the Chenab bridge, world's highest ra ...Read More >
New Delhi: Prime Minister Narendra Modi on Friday announced that he will be attending the G7 Summit later this month in Canada following a phone call from newly elected PM Mark Carney, signalling an improvement in bilateral ties following the changing of the guard in the North American country. The summit will be held in Kananaskis, Alberta, from June 15-17. It will be Modi's maiden engagement abroad since Operation Sindoor, presenting him with an opportunity to highlight the menace of cross-border terrorism at a global forum. In a post on X, Modi wrote, "Glad to receive a call from Prime Mi ...Read More >
New Delhi, Jun 7 (PTI) Prime Minister Narendra Modi on Saturday outlined five key global priorities for him to build disaster-resilient infrastructure, including a skilled workforce, a global digital repository to document best practices and innovative financing. In a video address to the International Conference on Disaster Resilient Infrastructure 2025, Modi said strengthening early-warning systems and coordination is another crucial aspect. He noted that India has established a tsunami-warning system benefitting 29 countries and that it recognises the Small Island Developing States (SIDA) ...Read More >
New Delhi [India], June 7 (ANI): The invitation to Prime Minister Narendra attend the G7 summit in Canada was due and 'had to come' with India being a big geopolitical power, Foreign Affairs Expert Robinder Sachdev said on Saturday. 'Invitation to Prime Minister Narendra Modi for the G7 Summit was due, it had to come. India is too big a power now, geopolitically, economically, and with our common sense in this world which is in the middle of a conflict. India had to be a participant at the table there,' Sachdev told ANI here. Talking about the 'gossip' about Canada not inviting India to the ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >
New Delhi [India], June 7 (ANI): The invitation to Prime Minister Narendra attend the G7 summit in Canada was due and 'had to come' with India being a big geopolitical power, Foreign Affairs Expert Robinder Sachdev said on Saturday. 'Invitation to Prime Minister Narendra Modi for the G7 Summit was due, it had to come. India is too big a power now, geopolitically, economically, and with our common sense in this world which is in the middle of a conflict. India had to be a participant at the table there,' Sachdev told ANI here. Talking about the 'gossip' about Canada not inviting India to the ...Read More >
New Delhi [India], June 8 (ANI): Haryana Chief Minister Nayab Singh Saini said that with cleanliness and yoga, the country will move towards realising the dream of 'Viksit Bharat' at a fast pace. Preparations for International Yoga Day 2025 have begun with the launch of a cleanliness campaign on May 27, and daily yoga classes are underway for the grand event on June 21. CM Saini said, 'When Prime Minister Narendra Modi proposed the idea of Yoga at the United Nations, 177 countries agreed. Today, Yoga, derived from our land, has reached everyone globally. The Prime Minister has worked to spre ...Read More >
Still, the ongoing U.N. climate talks have thrown a spotlight on their efforts to tackle global warming. While the COP29 summit in Baku, Azerbaijan, is tasked with agreeing a goal to mobilize hundreds of billions of dollars for climate, leaders of the Group of 20 major economies half a world away in Rio are holding the purse strings. G20 countries account for 85% of the world's economy and are the largest contributors to multilateral development banks helping to steer climate finance. "The spotlight is naturally on the G20. They account for 80 percent of global emissions," U.N. Secretary Ge ...Read More >
HONG KONG SAR - Media OutReach Newswire - 2 December 2024 - Long recognised as a land of luxury, Hong Kong has levelled up its luxury hub appeal following the Leaders of Luxury Summit 2024. Organised by Robb Report Hong Kong, the summit brought together luxury industry titans to discuss pivotal topics that "Redefine Luxury Through a Global Lens" at Regent Hong Kong on November 26-28, 2024. According to the latest "2024 Billionaire Census" report from Altrata, the city is currently world's no. 2 with the highest number of billionaires. The city is expected to have 22.4% more ultra-high-net-wor ...Read More >
Guwahati, June 5 (SocialNews.XYZ) Assam Chief Minister Himanta Biswa Sarma launched a blistering attack on Congress leader Rahul Gandhi on Thursday, calling out the LoP in Lok Sabha for the "audacity" of using surrender barb on Prime Minister Narendra Modi. The BJP leader's sharp response came in the wake of Rahul Gandhi's jibe amid ongoing political debates over national security and foreign policy, particularly following the recent success of Operation Sindoor. Taking to social media platform X, Sarma accused the Congress party of a long-standing legacy of compromising India's territorial ...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 >