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.
HYDERABAD: The Centre has given in-principle approval for the construction of an airport at Adilabad, with the Ministry of Defence to build the core airport infrastructure and the Ministry of Civil Aviation to develop the civil enclave. The decision was taken at a special meeting chaired by Defence Minister Rajnath Singh in New Delhi on Wednesday and attended by Civil Aviation Minister Kinjarapu Rammohan Naidu, Union Coal Minister G Kishan Reddy, Adilabad MP G Nagesh and officials. Rammohan Naidu told reporters that a joint ground-level survey would be conducted on April 17 by the Defence and Civil Aviation ministries and the state government. He said the Defence Ministry holds about 360 acres at the proposed site, and the project would be executed as a joint venture, with Defence constructing the airport and Civil Aviation handling civilian operations. He said the feasibility assessment for Adilabad was favourable, adding that an additional 430 acres would be required for the runway. A proposal for this has been sent to the state government. He also said local residents had expressed willingness to provide around 450 acres. "The Defence Ministry will construct the airport, and we will operate civil services through the enclave. Once the Defence completes construction, operations can begin," he said.
New Delhi: The Enforcement Directorate (ED) on Friday carried out searches at 15 places in Mumbai and Kochi in connection with the Mithi River desilting scam that caused a wrongful loss of more than Rs 65 crore to the Brihanmumbai Municipal Corporation (BMC), official sources said. The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities. According to the sources, the searches are being carried out under the provisions of the Prevention of Money Laundering Act (PMLA) at locat ...Read More >
The National Investigation Agency (NIA) has filed charges in court against Canada-based gangster-terrorist Satwinder Singh alias Goldy Brar and four others for orchestrating grenade attacks on two Gurugram clubs in December, the agency announced on Saturday. The December 10, 2024 attacks targeted Warehouse Club and Human Club in Sector 29, with investigators linking the violence to a broader conspiracy by the banned Babbar Khalsa International (BKI) to spread communal disharmony across Haryana. The chargesheet names Sachin Taliyan, Ankit, Bhawish and US-based Randeep Singh alongside Brar. All ...Read More >
NEW DELHI (Reuters) - India's federal investigating agency has accused liquor giant Diageo and Sequoia Capital of making suspicious payments to a politician's firm to seek favourable government decisions, it said in a document Reuters reviewed on Friday. In the document, the Central Bureau of Investigation (CBI) says Diageo Scotland made a suspicious fund transfer to Indian politician Karti Chidambaram's firm after a 2005 ban on sale of its duty-free products hit sales of its Johnnie Walker whisky. In the case document on its website, the agency said an investigation showed a payment of $15, ...Read More >
Prayagraj (Uttar Pradesh) [India], February 7 (ANI): Bihar Governor Arif Mohammed Khan arrived at the Mahakumbh in Prayagraj on Friday and said that the 'Sanatana' culture embodies the oneness of being and that all the differences dissolve in it. Speaking to the media here, Arif Khan highlighted the Indian culture of seeing divinity in humanity, asserting that "manav" (humans) are a reflection of "Madhav" (God). Khan also noted that India's heritage, values, and ideals continue to be celebrated at the Mahakumbh, fostering unity among people beyond personal familiarity. "We should always not ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advanced Systems Ltd (TASL) for manufacturing key sections of the Rafale fighter jet, including the lateral ...Read More >
Mumbai, Jun 8 (PTI) The Congress on Sunday staged a protest against the Maharashtra government's decision to allot Mother Dairy's land in Kurla for rehabilitating ineligible slum-dwellers who will be displaced by the Dharavi redevelopment project. City Congress president Varsha Gaikwad, who led the demonstration, targeted the state government's decision with a "surrender" barb, alleging that the opposition by local people was ignored. "The market value of this land is in the hundreds of crores, but it is being handed over to Adani at a nominal price," she alleged. The Maharashtra cabinet la ...Read More >
NEW DELHI: G Square Group has acquired Kovai Hills project from Rakindo for ₹707 crore in Coimbatore. Bala Ramajeyam, founder and managing director of the company said, "G Square is also open to larger JV partners to participate in developing commercial and residential developments within this 714-acre township." The project renamed as G Square Seven Hills spans 714 acres with Phase 1 covering 406 acres and featuring 3,127 plots. The remaining 308 acres are designated for joint ventures with villa and apartment developers, built-to-suit IT infrastructure projects, including commercial leasi ...Read More >
Ludhiana, Jun 8 (PTI) Punjab Congress president Amrinder Singh Raja Warring on Sunday asserted that his party will win the Ludhiana West assembly bypoll, scheduled to be held on june 19, with a "record margin". "Congress practically has no competition here", he claimed. Warring, who is also the Ludhiana MP, said that the ruling Aam Aadmi Party (AAP) was badly mistaken that the Congress would allow it to abuse power and misuse the official machinery for the elections. "First of all, we will not let any misuse of the official machinery and second, in case any official is found to be misusing ...Read More >
Bengaluru (Karnataka) [India], February 10 (ANI): Defence Minister Rajnath Singh on Monday met Minister Delegate to the Minister of Defence and Chief of Staff of the National Army of Algeria General Said Changeriha in Bengaluru at Aero India 2025. Singh called their meeting a "great interaction." Also Read | US: Judge Finds Trump Administration Hasn't Fully Followed Order To Unfreeze Federal Spending, Orders White House To Release All Money. In a post on X, he said, "Great interaction with the Minister Delegate to the Minister of Defence and Chief of Staff of the National Army of Algeria Ge ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
New Delhi, Jun 7 (PTI) Realty firm G Square Group has acquired 714-acre project from Rakindo in Coimbatore for Rs 707 crore and will develop it as an integrated township. In a statement on Saturday, the company announced launch of 'G Square Seven Hill', a township project that combines plots and mixed-use development. "The acquisition of the 714-acre project from Rakindo for Rs 707 crore, marked the latest in a series of major investments transforming Coimbatore into a premier real estate destination," it said. The Kovai Hills project, now rebranded as G Square Seven Hills, spans 714 acres ...Read More >
HYDERABAD: Union Coal & Mines Minister G Kishan Reddy on Saturday said that MP Eatala Rajender deposed before Justice PC Ghose Commission on Kaleshwaram not as a BJP leader but as former finance minister in the BRS government. During an informal chat with reporters, he said: "Rajender did nothing wrong and that's why he has the courage to appear before the Commission of Inquiry (CoI). He spoke the truth and explained to the Commission what had happened during the BRS regime." "Rajender, in fact, has asked the Commission to take action against former chief minister K Chandrasekhar Rao," he ad ...Read More >
Kanpur: A freight train rammed into a stationary goods train in Uttar Pradesh's Fatehpur district on Tuesday, February 4, leaving a loco pilot injured and causing the derailment of the guard coach and engine. The incident took place around 6 am in the dedicated freight corridor near Pambhirpur, Khaga in Fatehpur district. The loco pilot, who sustained injuries, had allegedly fallen asleep at the wheel, Prem Kumar Gautam, IG, Prayagraj range, said. Rescue operations are underway to clear the corridor, the IG added. A total of 29 train accidents took place in the current financial year up to ...Read More >
New Delhi, Feb 4 (PTI) Defence Minister Rajnath Singh on Tuesday accused Congress leader Rahul Gandhi of making "false allegations" about the statement of the Army chief on the situation at the India-China border. "The words attributed to the Army Chief by Shri Rahul Gandhi were never spoken by him at any time. It is a matter of deep regret that Shri Rahul Gandhi should indulge in irresponsible politics on matters of national interest," Singh said on X. In his speech on Monday in Lok Sabha during the discussion on the Motion of Thanks to the President's address, the leader of opposition clai ...Read More >
Bhubaneswar (Odisha) [India], December 3 (ANI): Producer Ektaa R Kapoor on Tuesday met with Odisha Chief Minister Charan Majhi in Bhubaneshwar. Visuals from the meeting surfaced online in which CM Mohan Charan Majhi and Ektaa could be seen exchanging warm pleasantries. Also Read | 'The Sabarmati Report': Union Home Minister Amit Shah Praises Vikrant Massey Starrer for Revealing the Truth Behind Godhra (View Post). Ektaa also visited Lingaraja Temple and offered prayers there. Notably, on Monday, Ektaa along with the team of 'The Sabarmati Report' attended a special screening of the film wi ...Read More >
Jammu, Jan 14 (VOICE) Defence Minister Rajnath Singh on Tuesday said that the BJP government at the Centre treats Delhi and Jammu and Kashmir equally.Addressing the ninth Armed Forces Veterans' Day programme at Tanda Artillery Brigade in Akhnoor, the Defence Minister praised Jammu and Kashmir Chief Minister Omar Abdullah for his effort to reduce the distance between the hearts of the people of Jammu and Kashmir and Delhi and asserted that the BJP government treats Delhi and Kashmir equally. "Kashmir was treated differently (by previous governments) in the past. As a result, our brothers and s ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
New Delhi: India's opposition MPs on Wednesday, December 11, greeted their BJP counterparts in Parliament premises with the tricolour in one hand and a red rose in the other, urging the ruling party to ensure that the Parliament functions properly. This is the latest in a series of demonstrations led by Congress over the issue regarding industry mogul Gautam Adani getting indicted by the US. Leader of Opposition in the Lok Sabha Rahul Gandhi also offered the tricolour in the form of a card to Defence Minister Rajnath Singh when the latter was entering the main Parliament building. Congress ...Read More >
Jaisalmer (Rajasthan) [India], January 13 (ANI): India's indigenous Anti-Tank Missile, Nag Mk 2, the third-generation Anti-Tank Fire-and-Forget Guided Missile successfully completed its field evaluation trials at the Pokhran Field Range in Rajasthan in the presence of senior officers of the Indian Army. There were three field trials conducted, with the missile systems destroying all the targets precisely- maximum and minimum range, thus validating its firing range. Also Read | 'People of India Reaffirmed Their Trust in PM Narendra Modi': Ashwini Vaishnaw Slams Meta CEO Mark Zuckerberg Over H ...Read More >
New Delhi [India], June 7 (ANI): Defence Minister Rajnath Singh on Saturday asserted that India has demonstrated a successful strategy to defeat terrorism, laying out five key positions on how the global community can uproot such activities, and assured retaliation against Pakistan-sponsored terrorism while showing zero tolerance against this menace. In an article titled 'We've shown how to defeat terror,' published in an English Daily, Singh reflects on India's response to the April 22 Pahalgam terror attack and India's subsequent response through Operation Sindoor, emphasising the nation's ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
India's Defence Acquisition Council (DAC) has approved a ₹21,772 crore package to strengthen maritime security. This includes 151 new boats for the Navy and six Advanced Light Helicopters (ALH) for the Coast Guard. These assets are designed for rapid response, surveillance, and rescue missions. With advanced technology and indigenous manufacturing under the "Aatmanirbhar Bharat" initiative, the acquisitions aim to address emerging maritime threats in the Indo-Pacific and reinforce India's role in regional security.The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh ...Read More >
Mumbai: Chief minister Devendra Fadnavis said on Thursday that he held discussions on cabinet expansion with union home minister Amit Shah, party national president J P Nadda, and the party national general secretary B L Santhosh on Wednesday night. Fadnavis was on a two-day visit to Delhi days after being sworn in as chief minister. He met President Draupudi Murmu, PM Narendra Modi, defence minister Rajnath Singh and union road transport minister Nitin Gadkari. He also presented five different ...Read More >
New Delhi [India], December 12 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Thursday met Union Home Minister Amit Shah at his residence in the National Capital and presented him with an idol of Vinayak Damodar Savarkar. "It was an absolute pleasure to meet and interact with Hon Union and Cooperation Minister Amitbhai Shah at his residence in New Delhi. Also presented him a 'murti' of SwatantryaVeer Vinayak Damodar Savarkar," the Chief Minister posted on X (formerly Twitter). Also Read | RRB JE Exam 2024 Admit Card Out at rrbapply.gov.in: Hall Ticket for 7,951 Junior Engineer Posts ...Read More >
By KUMAIL JAFFER POLITICAL CORRESPONDENT FOR THE DAILY MAIL The Prime Minister's latest jaunt abroad to Brazil is the 15th time he has been out of the country since being elected in July. Sir Keir Starmer's four-day trip to Rio for the G20 - where he said his focus is delivering a 'better future' for Britain - means he will have ventured outside of Britain for more than three weeks in total since summer. This includes time in Ireland, Italy, Berlin, Brussels, Budapest, Washington DC, France, Azerbaijan and a five-day trip to Samoa. He also flew to New York for the UN General Assembly after ...Read More >
New Delhi, Jan 17 (PTI) India's offensive and defensive responses need to be further strengthened in view of turmoil in the rules-based global order, Defence Minister Rajnath Singh said on Friday. In an address at an event, he also said that the Indian Navy is working towards increasing its presence in the Indian Ocean region. Also Read | Indian Army's 'Sambhav' Smart Phone Used During China Border Talks for Secure Communication. The Indian Ocean is witnessing increasing Chinese presence triggering concern among India's national security planners. India's economic prosperity is linked to m ...Read More >
Bhopal, June 5 (SocialNews.XYZ) Senior BJP leader and Madhya Pradesh Cabinet Minister for Urban Development, Housing and Parliamentary affairs, Kailash Vijayvargiya stirred controversy on Thursday with remarks disapproving of women wearing short outfits, asserting that such a trend is a foreign concept of beauty and not aligned with Indian tradition. A six-time legislator and a state government minister, Vijayvargiya emphasised that in Indian culture, women are regarded as a form of Goddess and should dress in a manner that reflects grace and dignity. Comparing cultural perspectives, he stat ...Read More >
New Delhi [India], January 14 (ANI): Congress MP Manickam Tagore on Monday took a dig at Prime Minister Narendra Modi over the deteriorating health condition of farmer leader Jagjit Singh Dallewall, who has been on a fast unto death since November 26 at the Khanauri border in Punjab. "On the cusp of Pongal, a festival celebrating farmers and their sacrifices, Jagjit Singh Dallewal, a farmer leader, lies on his 47th day of a fast-unto-death. His demands are genuine, yet his health deteriorates with no aid or assurance," Tagore said in a post on X. The Congress leader was reacting to PM Modi's ...Read More >
Lucknow, Jun 6 (PTI) Kalimullah Khan, popularly known as the 'Mango Man' of India, has named a newly developed mango variety after Defence Minister Rajnath Singh. Grown using his signature grafting technique in his Malihabad orchard, the new variety has been named 'Rajnath Aam'. Khan, who has earlier named mango varieties after several prominent Indian personalities, including Sachin Tendulkar, Aishwarya Rai, Akhilesh Yadav, Sonia Gandhi, Narendra Modi, and Amit Shah, was awarded the Padma Shri for his unique contributions and dedication to horticulture and fruit breeding. Speaking about hi ...Read More >
Mumbai (Maharashtra) [India], June 6 (ANI): Akasa Air on Friday announced its partnership with Adani Airport Holdings Ltd (AAHL) to commence commercial flight operations from the upcoming Navi Mumbai International Airport (NMIA). A joint statement said Akasa Air will initially operate 100+ weekly domestic departures, scaling up to 300+ domestic and over 50+ international departures weekly in the winter schedule. Also Read | Haryana Man Rapes Multiple Minors, Films Acts and Sells Sex Abuse Videos To Porn Websites: CBI Shares Disturbing Details. As part of its broader network strategy, the ai ...Read More >