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.
VMPL New Delhi [India], April 9: CASE Group, a leading developer of indigenous coal gasification technologies, is strengthening India's industrial energy security through domestically designed gasifier systems. The company's solutions enable industries to replace imported fuels such as furnace oil, LPG, and natural gas with locally available coal. The industrial sector of India is growing rapidly as the demand for energy in the manufacturing sector increases. Industries are also being impacted by price volatility in the global fuel markets. Coal gasification is emerging as a viable solution to this problem. The CASE Group has developed a family of gasifier systems, specific to the groundwork of India, consisting of hot and cold gasifiers, as well as fluidized bed systems. All of which are designed to efficiently utilize the high-ash Indian coal supply. These products utilize PLC-based automation for safety and operational integrity. Dr Roger Kumar, Founder and Managing Director, CASE Group, said: "The pathway towards industrial energy independence can be realized through coal gasification. The local utilization of coal can be accomplished by indigenous technology. Hence, reducing the dependency on imported fuel and protecting the industry from disruptions in the global supply chain and changing prices." Industries such as steel, ceramics, glass, cement, and chemicals continuously use high-temperature thermal energy. CASE gasified enables stable and steady thermal energy via the production of syngas to assist in maintaining consistency in furnace operations and accurate temperature control. Utilizing coal gasification represents an economical alternative for industrial operators and provides the opportunity to more effectively manage their operational budgets. Gasification also offers cleaner combustion compared to direct coal burning. India has set ambitious goals to expand coal gasification capacity. CASE Group continues to support national efforts through scalable and modular gasifier solutions. Since India is set to become increasingly industrialized, the need for energy will stay paramount. The use of indigenous gasification technology would be highly beneficial for energy resilience. It will enable companies to operate smoothly during times of political turmoil and global crises. About CASE Group CASE Group is an Indian provider of coal gasification technologies and industrial thermal energy solutions. The company designs and manufactures advanced gasifier systems suited for Indian coal conditions. Its solutions focus on efficiency, automation, and sustainability. CASE Group supports industries in achieving reliable and cost-effective energy while contributing to India's Atmanirbhar energy vision. Website - https://casepl.com/ (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same.)
Katra, June 6 (UNI) Prime Minister Narendra Modi on Friday said Pakistan engineered Pahalgam terror attack to hurt Kashmir's economy and brotherhood in the country, but its evil designs failed and Indian Armed Forces hit the neighbouring country deep inside. "Pakistan attacked both humanity and Kashmiriyat in Pahalgam. Its intention was to incite riots in India and disrupt the livelihoods of hardworking Kashmiris. By attacking tourists, Pakistan aimed to damage the region's economy and peace," Modi said while addressing a massive gathering. Recalling the start of Operation Sindoor exactly a ...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 >
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 >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
Guwahati, June 28 (UNI) Union Minister for Coal and Mines, G Kishan Reddy, on Saturday reaffirmed the Centre's "unwavering support" for accelerating mineral and coal development across India's eight North‑Eastern states. Speaking on the second day on the second North‑East Mining Ministers' Conclave here, Reddy said robust mining infrastructure, quicker project clearances and eco‑friendly practices are crucial to realising Prime Minister Narendra Modi's "Viksit Bharat 2047" vision. "Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim are our Ashta Lakshmi," the ...Read More >
Bengaluru : Tata Steel UK today celebrates a historic milestone in its green transformation journey as Mr Natarajan Chandrasekaran, Chairman of Tata Steel and the Tata Group, joins government ministers at a groundbreaking event for the company's state-of-the-art Electric Arc Furnace (EAF) facility in Port Talbot. Mr Chandrasekaran will be joined by Tata Steel CEO and Managing Director T. V. Narendran and Tata Steel UK CEO Rajesh Nair, where they will officially break the ground with spades, marking the official start of construction for the UK's largest low-carbon steelmaking facility. This i ...Read More >
The Indian government has awarded fiscal incentives totaling Rs 4,150 crore to four companies, including the BCGCL joint venture, for developing coal gasification projects aimed at producing ammonium nitrate, synthetic natural gas, and ethanol. This initiative is part of India's Rs 8,500 crore Coal Gasification Incentive Scheme. In a strategic move, the Indian government on Thursday granted fiscal incentives amounting to Rs 4,150 crore to four companies to bolster coal gasification projects. Amo ...Read More >
New Delhi, Jan 31 (VOICE) The output of India's eight core sector industries rose 4 per cent year-on-year in December, driven by an increase in the production of coal, steel, and electricity during the month, according to government data released on Friday.The eight core industries include coal, natural gas, crude oil, refinery products, fertilisers, cement, steel and electricity which comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP). The growth rate of the core industries, therefore, is an indicator of the overall industrial growth rate. Apa ...Read More >
New Delhi: India's coal sector has registered a 5.88 per cent increase in production to 830.66 million tonnes (MT) during April 2024 to January 2025 of the current financial year, from 784.51 MT recorded during the same period of 2023-24, according to a Coal Ministry statement issued on Monday. The total coal production during January 2025 has reached 104.43 MT, reflecting a 4.38 per cent increase over 100.05 MT recorded during the corresponding period of the previous year. The contribution from captive, commercial, and other entities for January 2025 has also been particularly strong, with ...Read More >
Gandhinagar: Stating that it was time to decide whether the next generation will "have a plastic-free or plastic-laden environment," chief minister Bhupendra Patel on Thursday said that the campaign against single-use plastic should become a mass movement in Gujarat. Presiding over the state-level programme in Gandhinagar to mark World Environment Day, the chief minister also unveiled several projects aimed at environment protection. "The Prime Minister has envisioned environment-friendly development, and Gujarat will adhere to the principle of ensuring development in a sustainable and environ ...Read More >
New Delhi: All city gas distribution (CGD) companies will now pay the same pipeline tariff regardless of their distance from the gas supply source, a measure that will help reduce transportation costs for licensees and potentially lower cooking and transport fuel prices in far-flung licensed areas. The Petroleum and Natural Gas Regulatory Board (PNGRB) has amended the Natural Gas Pipeline Tariff Regulations, introducing key reforms to the sector. These include streamlining unified tariff zones, allowing a single pipeline tariff for CGD companies, and creating a dedicated pipeline development ...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 >
Guwahati, June 27 (SocialNews.XYZ) In a significant move to boost infrastructure and community development, the Assam State Cabinet, chaired by Chief Minister Himanta Biswa Sarma on Friday approved key decisions under Mission Basundhara 3.0 and amended governance rules for autonomous councils and panchayats. The Chief Minister said: "The Cabinet cleared the allotment of government land for 942 infrastructure projects across 11 districts, including Kamrup, Barpeta, and Dhemaji. Barpeta leads with 170 proposals, followed by Dhemaji (207) and Lakhimpur (175)." CM Sarma told reporters here: "Add ...Read More >
Jamshedpur, July 2: Tata Steel held its 118th Annual General Meeting (AGM) on July 2, where the company's Chairman addressed shareholders with a comprehensive overview of the company's performance, challenges, and strategic direction. The meeting opened on a solemn note, acknowledging recent losses within the Tata Group and paying tribute to significant figures whose contributions shaped the company. "There is a lot to talk about today," said the Chairman. "But I must begin by acknowledging the heavy loss we have felt in recent months. Across the entire Tata Group, we honour those who lost th ...Read More >
New Delhi: Power minister Manohar Lal on Wednesday said establishing an energy storage system is essential to meet clean energy targets to stabilise the grid, optimise power generation and ensure round-the-clock electricity supply. Over the last three-four years, the cost of energy storage has significantly dropped, Lal said at the India Energy Storage Week conference here on Wednesday. "What was once ₹10 lakh/MW has now fallen to ₹2.5 lakh/MW per month, a reduction to one-fourth of the original cost," he said. As industries like steel and cement shift towards green hydrogen, India is pushi ...Read More >
The shares of Coffee Day Enterprises sharply surged 10 percent to hit the upper circuit on July 15 after data on the latest shareholding pattern showed that veteran investor Dolly Khanna has bought some stake in the firm. Khanna held 32.78 lakh shares, representing 1.55 percent stake in the parent company of popular chain Café Coffee Day, according to BSE data showing the firm's shareholding pattern as at the end of the April-June quarter. Coffee Day Enterprises shares remained locked in the u ...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 >
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, Jul 9 (PTI) The proposed 50 per cent import tariff on copper announced by US President Donald Trump will not have any impact on Indian companies as the country is copper-deficient, according to an industry official. Also, Coal and Mines Minister G Kishan Reddy on Wednesday said India will discuss the impact of US tariffs on copper. Also Read | Belagavi Shocker: 3 of Family Members Die by Suicide After Consuming Poison Over Debt in Karnataka. International Copper Association India Managing Director Mayur Karmarkar said, "India is a copper-deficient country, and its export, as such ...Read More >
New Delhi [India], December 3 (ANI): Oilfields (Regulation and Development) Amendment Bill, 2024 to expand the definition of mineral oils and include petroleum and natural gas passed in the Rajya Sabha on Tuesday. The bill was introduced by Union petroleum and natural gas minister Hardeep Singh Puri for consideration and passing. The Bill will regulate the exploration and extraction of natural gas and petroleum. The amended bill expands the definition of mineral oils to include petroleum and natural gas in it. Also Read | Pune: Doctors Perform Rare Laser Surgery on Woman Pregnant With Monoam ...Read More >
Alipurduar (West Bengal) [India], May 29 (ANI): Prime Minister Narendra Modi on Thursday laid foundation stone of City Gas Distribution project in Alipurduar and Cooch Behar districts in West Bengal on Thursday. The project, worth over Rs 1010 crore, aims to provide Piped Natural Gas (PNG) to more than 2.5 Lakh households, over 100 commercial establishments, and industries, and Compressed Natural Gas (CNG) to vehicular traffic by establishing around 19 CNG stations in line with the Minimum Work Program (MWP) targets stipulated by the Government. Also Read | Kerala Lottery Result Today 3 PM L ...Read More >
New Delhi, Jun 5 (PTI) National Green Tribunal Chairperson Justice Prakash Shrivastava on Thursday outlined an urgent need to curb plastic pollution as it negatively impacted marine life, suffocated terrestrial ecosystems, leached harmful chemicals into soil and water. In addition, it contributed significantly to air pollution when burnt, he said. The statement came on the occasion of World Environment Day and was uploaded on the NGTs website. Shrivastava said that plastic had become an indispensable part of our lives, yet its convenience masked a devastating reality. "This nonbiodegradabl ...Read More >
Thiruvananthapuram: Ravada A Chandrasekhar took charge as the new State Police Chief on Tuesday. He succeeds Shaik Darvesh Saheb, who retired on June 30. His tenure will run until July 1, 2027. A 1991-batch IPS officer currently serving as Special Director with the Intelligence Bureau, Chandrasekhar is on central deputation. He was selected over Nitin Agarwal, who topped the official list of probables. The appointment order, issued by Kerala Chief Secretary Dr A Jayathilak on behalf of the Governor, was released soon after a cabinet meeting held on Monday. Hailing from Andhra Pradesh's Godav ...Read More >
Mumbai, July 3, 2025: Tata Power Renewable Energy Limited (TPREL), one of India's largest renewable energy companies and a part of The Tata Power Company Limited, has commissioned 752 MW of solar projects in the first quarter of FY26. This marks a record addition, rising 112% from 354 MW in the first quarter of FY25. TPREL's EPC project installations showcase effective execution, careful project management, and a strong focus on quality and safety. Using modern engineering practices, TPREL has continually delivered projects, even in tough conditions. The strong supply chain, flexible executio ...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 >
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New Delhi: At the 19th CII-ITC Sustainability Awards held at Bharat Mandapam in New Delhi, Vice-President Jagdeep Dhankhar called on industries to drive inclusive growth. He urged businesses to actively support MSMEs and ensure greater representation of women and marginalized communities in leadership roles. While acknowledging efforts toward affirmative action, he pointed out that subtle and often unspoken forms of gender discrimination still exist and need urgent attention. Encouraging industr ...Read More >
The U.S.-India Strategic Partnership Forum (USISPF) has appointed Kumar Mangalam Birla, Chairman of the Aditya Birla Group, to its Board of Directors and Executive Committee. "The U.S.-India partnership is among the most consequential partnerships in the world, and I have long believed that when our two nations come together with purpose and clarity, they can shape the arc of global commerce and innovation for the better," said Kumar Mangalam Birla, Chairman of the Aditya Birla Group, in a statement. The appointment comes at a time when the Aditya Birla Group has emerged as the largest India ...Read More >
New Delhi [India], July 15 (ANI): The Indian Sugar & Bio-Energy Manufacturers Association (ISMA) wrote a letter to Piyush Goyal, Minister of Commerce and Industry, voicing concerns regarding the potential removal of restrictions on ethanol imports for fuel blending, amidst ongoing trade discussions with the United States. In the letter, ISMA emphasised the critical role of the Ethanol Blending Programme (EBP) in promoting clean energy and uplifting Indian farmers. ISMA highlighted that the government's clear policy direction, anchored in the National Policy on Biofuels (2018) and supported b ...Read More >
Guwahati, June 28 (SocialNews.XYZ) Union Minister for Coal and Mines G. Kishan Reddy reaffirmed the Central Government's full support to the mineral and coal-rich North Eastern states at a Mining Ministers' Conclave held here on Saturday. Addressing the gathering on the second day of the event, the Minister highlighted the Centre's commitment to strengthening mining infrastructure, fast-track project approvals, and promoting sustainable mining practices in the region. He stated that the development of the North East is central to the vision of Viksit Bharat 2047, with the eight states -- Ass ...Read More >