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.
Vijayawada (Andhra Pradesh) [India], April 9 (ANI): Amaravati is gearing up to mark a major milestone in advanced technology, as the Quantum Reference Facility is set to be inaugurated on the occasion of World Quantum Day, April 14. In a significant development, Amaravati is a future-ready quantum innovation hub. Following a series of nationwide workshops concluding on June 30, Amaravati will be officially declared a "Quantum City," built on four key pillars--hardware development, software, skills and research, and strategic partnerships. At the core of this project is a state-of-the-art manufacturing facility featuring ultra-low temperature cooling systems ranging between minus 269 and minus 273 degrees Celsius, along with advanced amplifiers and control systems essential for quantum computing. A dedicated testing centre, or test bed, is also being established--a first-of-its-kind facility in India--enabling startups and companies to test and develop quantum technologies. Two such test beds are being set up at SRM University and Medha Towers. Officials state that nearly 85 per cent of the required components for the quantum systems are already available within India, including around 50 per cent of chip-related components. Select advanced components are being imported from IBM, primarily for software integration. The assembly process for the test beds has already been completed as of March 30, marking a crucial step toward operational readiness. With this initiative, Amaravati is poised to become a national leader in quantum technology, fostering innovation, research, and next-generation technological growth. (ANI)
Khordha (Odisha): A severe cold wave gripped northern Odisha on Sunday, with the Mayurbhanj in the northern part of the State bearing the brunt of the intense chill with Ramatirtha area in the district recording as low as -10 degrees Celsius. According to the Forest Department, temperatures while other areas such as Gurguria and Barehipani recorded 6 degrees Celsius, Chahala 4 degrees Celsius, Nawana -5 degrees Celsius, and Upper Baraha Kamuda (UBK) -3 degrees Celsius. Statement Of IMD Scientist Dr Soma Sen Roy On Saturday, IMD scientist Dr Soma Sen Roy said that the cold wave will last for ...Read More >
Khordha (Odisha) [India], December 15 (ANI): A severe cold wave gripped northern Odisha on Sunday, with the Mayurbhanj in the northern part of the State bearing the brunt of the intense chill with Ramatirtha area in the district recording as low as -10 degrees Celsius. According to the Forest Department, temperatures while other areas such as Gurguria and Barehipani recorded 6 degrees Celsius, Chahala 4 degrees Celsius, Nawana -5 degrees Celsius, and Upper Baraha Kamuda (UBK) -3 degrees Celsius. Also Read | CAT 2024 Results: IIM Calcutta Likely To Release CAT 2024 Results Today at iimcat.ac. ...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], July 11 (ANI): The Secretary of the Ministry of Electronics and Information Technology (MeitY), the Indian Computer Emergency Response Team (CERT-In), and SISA, a forensics-driven cybersecurity solutions company, announced the launch of a pivotal white paper titled Transitioning to Quantum Cyber Readiness in New Delhi. The launch comes at a critical juncture, as quantum computing advances from theoretical promise to practical disruption. S Krishnan, Secretary, MeitY, while launching the whitepaper, emphasized that Quantum readiness is a strategic imperative as we prepare fo ...Read More >
Amaravati (Andhra Pradesh) [India], July 16 (ANI): Andhra Pradesh Education Minister Nara Lokesh looked to seize the opportunity after the Karnataka government withdrew the plan to acquire land for an aerospace park in Bengaluru. Pitching to Aerospace industry, Lokesh said that Andhra Pradesh has an attractive aerospace policy with "best-in-class incentives" and over "8000 acres of ready-to-use land" Also Read | Kolkata Fatafat Result Today, July 16, 2025: Kolkata FF Live Winning Numbers Released, Know When and Where To Check Result Chart of Satta Matka-Type Lottery Game. "Dear Aerospace in ...Read More >
Vijayawada (Andhra Pradesh) [India], May 22 (ANI): Former Andhra Pradesh Chief Minister and YSRCP president YS Jagan Mohan Reddy on Thursday launched a scathing attack on the current TDP-led government in the State, accusing Chief Minister Chandrababu Naidu of failing to deliver on pre-election promises and engaging in financial mismanagement. The former chief minister also took aim at what he called the "yellow media" for biased reporting in favour of the ruling party. "I am not only fighting against Chandrababu Naidu but also against the 'yellow media'," Reddy said in a press conference. ...Read More >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...Read More >
Chandigarh: Haryana chief minister Nayab Singh Saini on Tuesday said the state govt was consistently working to provide better resources to the doctors and quality healthcare services to the citizens.He mentioned that medical colleges were being established in every district.While there were only six medical colleges in 2014, the number has now increased to 15, and nine new colleges are under construction. As a result, MBBS seats in the state increased from 700 in 2014 to 2,185, at present. The state govt aims to increase the MBBS seats to over 3,400 by 2029, said Saini.The CM was addressing a ...Read More >
Bengaluru (Karnataka) [India], July 10 (ANI): In a strong message to private nursing colleges, the Karnataka government has announced that there will be no fee hike for nursing courses this academic year, reiterating its commitment to protecting students from economically weaker sections. Karnataka Medical Education and Skill Development Minister Sharanaprakash Patil made this clear during a meeting with the Association of Nursing Colleges held at Vikasa Soudha on Thursday. Also Read | Patna Murder Case: Days After Industrialist Gopal Khemka's Killing, Sand Trader Shot Dead by Unidentified A ...Read More >
Dharamshala (Himachal Pradesh) [India], July 14 (ANI): Buddhist scholars, researchers, practitioners, and eminent spiritual leaders who had closely interacted with the 14th Dalai Lama, over several years, including the supreme hierarchy of international and national Buddhist Monks on Sunday discussed three pertinent subjects that 14th Dalai Lama had been concerned with these past years at an International Conference organised by the International Buddhist Confederation (IBC) in commemoration of the 90th birth anniversary of the 14th Dalai Lama. The topics were 'Relevance of Buddha Dharma in t ...Read More >
Andhra Pradesh, home to India's lone operational spaceport, Satish Dhawan Space Centre (SDSC-SHAR), has revealed its State Space Policy for 2025-2030. The Southern Indian state of Andhra Pradesh, home to India's lone operational spaceport, Satish Dhawan Space Centre (SDSC-SHAR), has revealed its State Space Policy for 2025-2030. According to the Andhra Government, the policy will facilitate investments amounting to Rs 25,000 crore (over $3 billion) in the space sector over the next decade and cr ...Read More >
Delhi residents breathed easier Thursday as air quality improved to 'moderate' after a month of severe pollution. The AQI dropped to 161, though some areas still experienced 'poor' air quality. Cooler temperatures and mist accompanied the improved air, with the minimum temperature reaching 9 degrees Celsius. The Supreme Court maintained GRAP-IV restrictions, demanding compensation for construction workers from NCR states.Residents in Delhi took a sigh of relief on Thursday as the air quality inde ...Read More >
Vijayawada: Chief Minister N Chandrababu Naidu on Monday unveiled his ambitious vision to transform Amaravati into a global capital for quantum technologies. Addressing the Amaravati Quantum Valley Workshop here, Naidu said: "Quantum computing is the need of the hour. By January 1, 2026, the quantum computing centre will be operational in Amaravati. This marks the beginning of the Quantum Valley." The workshop, jointly organised by the AP government, the Department of Science and Technology (Government of India), TCS and L&T, brought together some of the top minds and institutions in quantum ...Read More >
DHARMAPURI: For the third time in the past two months, a wild leopard wandered into a private farmland near Valaithottam village near Palacode and hunted chicken raised by a local farmer. Locals are increasingly distressed and urged the forest department to take steps to relocate the leopard. Over the past few months, there have been several reports of leopard sightings in forest areas near Palacode, particularly in Valaithottam village, near the forest's fringe. There have been two instances when the leopard attacked farmlands, taking away a domestic dog and a chicken. On Saturday, the leop ...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 >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
Guwahati, Jul 15 (PTI) Congress president Mallikarjun Kharge and Leader of Opposition in Lok Sabha Rahul Gandhi will visit Assam on Wednesday during which they will interact with party functionaries of the state. State Congress chief Gaurav Gogoi said the district, block and mandal presidents of the party will be able to present their views before its top leadership during Kharge and Gandhi's visit. Also Read | Did Lucknow Court Judge Take Selfie With Rahul Gandhi During Hearing of Indian Army 'Defamation' Case? BJP's Amit Malviya Found Fake in Fact Check. "I look forward to welcoming Shri ...Read More >
Amazon Web Services (AWS) has launched the Quantum Embark advisory program to help businesses prepare for the emerging quantum computing era. The program comes as quantum stocks, like IonQ, see significant growth, driven by innovations in drug discovery, cryptography, and materials science. Companies like D-Wave and Rigetti are advancing quantum technologies, with D-Wave focusing on optimization problems and Rigetti on scalable quantum systems. Despite early financial losses, these companies are gaining traction with government contracts and commercial clients. As quantum computing evolves, in ...Read More >
The Andhra Pradesh government inked a Memorandum of Understanding (MoU) with Google. The tech giant will launch its operations from Visakhapatnam in the State. Making the announcement at the district collectors' conference on Wednesday, Chief Minister N. Chandrababu Naidu said HRD Minister Nara Lokesh's efforts have paved the way for this. The MoU was a significant development and would be a game changer. Visakhapatnam is poised for transformative growth, Mr. Naidu said. The chief minister, in ...Read More >
Dharamshala (Himachal Pradesh) [India], June 5 (ANI): Fresh snowfall on Thursday caused a sharp drop in temperature in the Dhauladhar mountain ranges in Himachal Pradesh. Snowfall on the higher reaches is very rare in June. The minimum temperature in Dharamshala was recorded at 16 degrees Celsius, whereas the maximum temperature was 21 degrees Celsius. Also Read | OpenAI Academy India: ChatGPT Developer Launches First International Initiative To Expand Education Platform Partnering With IndiaAI Mission in Country. It has been raining every day for a week in Dharamshala. Tourism industry peo ...Read More >
Amaravathi (Andhra Pradesh) [India], June 28 (ANI): YSR Congress Party (YSRCP) chief YS Jagan Mohan Reddy on Saturday paid tribute to former Prime Minister PV Narasimha Rao on his 104th birth anniversary. Former Andhra Chief Minister Reddy remembered Bharat Ratna PV Narasimha Rao as a visionary leader who revolutionised India's economic landscape through his reforms. In an X post, the Reddy wrote, 'The visionary who transformed the country's economic condition with reforms, Bharat Ratna PV Narasimha Rao. On the occasion of the birth anniversary of PV, who provided numerous remarkable service ...Read More >
By BD Narayankar Bengaluru, July 8 (UNI) India must scale up private sector funding and treat quantum as a serious business opportunity if it wants to compete globally in the next wave of technology, said Professor Arindam Ghosh of the Indian Institute of Science (IISc) today. "Government can only fund the early stage; the private sector must carry it forward," he said, pointing to the fact that global government investments in quantum research range from $1 billion to $3.5 billion, with the US and China alone committing over $2 billion each. "When industry participation is added, those num ...Read More >
Bengaluru: A delegation led by chief minister Siddaramaiah, his deputy DK Shivakumar and some cabinet colleagues met Union defence minister Rajnath Singh Wednesday and sought central support for a wide range of proposals -- from setting up two defence industrial corridors and securing defence land for major infrastructure work in Bengaluru, to hosting an Indian Air Force (IAF) air show during this year's Mysuru Dasara celebrations.In a letter to Singh, Siddaramaiah urged the Centre to establish a defence industrial corridor each in North and South Karnataka, like those announced in Uttar Prade ...Read More >
New Delhi [India], July 12 (ANI): With 77,895 BLOS, an additional 20,603 newly appointed BLOS on ground, ECI is moving ahead to complete the collection of Enumeration Forms (EFs) well before the stipulated time of 25th July, a press release from the Election Commission of India stated. Field-level teams, including 38 District Election Officers (DEOS), Electoral Registration Officers (EROS) across all 243 Assembly Constituencies, and 963 Assistant EROS (AEROS), are being closely monitored by the CEO for this purpose. These efforts of ECI are being supplemented by 1.5 Lakh BLAS appointed by al ...Read More >
Amaravathi (Andhra Pradesh) [India], July 19 (ANI): A Telugu Desam Parliamentary Party meeting was held at the Chief Minister Camp Office under the leadership of Chief Minister Chandrababu Naidu, in which it was emphasised that the party will focus on issues concerning Andhra Pradesh in the upcoming Parliament session. Andhra Minister Nara Lokesh and several MPs attended the meeting. After the meeting, TDP MP Lavu Sri Krishna Devarayalu told reporters that the party will focus on issues concerning Andhra Pradesh during the upcoming parliamentary session. One of the key points discussed in t ...Read More >
NEW DELHI/BATHINDA: The Directorate of Enforcement (ED) on Friday conducted searches at 22 de-addiction centres across Punjab, including in Chandigarh, Barnala and Ludhiana, after its investigation revealed illegal sale of drugs by these centres. The agency also searched a premise in Mumbai linked to the accused.Dr Amit Bansal, who runs these 22 centres, is prime accused in the case, sources said. Bansal, against whom Punjab Police has registered multiple FIRs, is alleged to be engaged in illegal sale of drugs from his de-addiction centres.Privately-run drug de-addiction centres in Punjab are ...Read More >
Vijayawada, June 30 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Monday announced that a quantum computing centre will begin operations in Amaravati by January 1, 2026, marking the beginning of the state's quantum valley initiative. Addressing the Amaravati Quantum Valley Workshop in Vijayawada, Naidu stressed the need for quantum computing and highlighted the importance of creating a robust ecosystem and identifying relevant use cases. Quantum computing is the need of the hour. By January 1, the quantum computing centre will be operational in Amaravati. This marks the beginnin ...Read More >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >
Srinagar, Jul 3 (PTI) The annual Amarnath Yatra began on Thursday with the first batches of pilgrims setting off from the twin base camps in Baltal and Nunwan towards the 3880-metre-high cave shrine in the south Kashmir Himalayas, which houses a naturally formed ice-lingam, officials said. The yatra started early morning from the twin tracks -- the traditional 48-km Nunwan-Pahalgam route and the 14-km Baltal route. The batches of pilgrims, including men, women and sadhus, left from the Nunwan base camp in Pahalgam, in south Kashmir's Anantnag, and Baltal base camp in Sonamarg area of central ...Read More >
Baramulla, Jul 5: Hundreds of mourners from Delina and its neighbouring villages Saturday participated in the Muharram procession, the 9th day of the month of Muharram-Ul-Haram at Delina area of north Kashmir's Baramulla district. The procession was one of the series of processions being held in the month of Muharram, the first month of Islamic calendar. Dressed in black and carrying flags bearing religious inscriptions, participants from the villages of Hygam, Bulgam, Bohripora, Syedpora, Uri, Boniyar and other villages marched from new Imambargah through the National Highway NH-1 to the ma ...Read More >