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.
MUMBAI: Little Aman's eyes lit up as he set eyes on a pen of placid white goats in a Bakra Mandi in Jogeshwari Wednesday. He stood transfixed by their beauty, tugging at his parents Arshad and Sumaira Shaikh to take one home.With the festival of Eid ul' Azha or Bakr Eid due Saturday June 7, Bakra Mandis have come up in Muslim-dominated areas like Jogeshwari, Andheri hilltop (Dongar) and Mira Road. In Vaishali Nagar, Jogeshwari West, Haji Goat Farm with 40 stalls houses 4,000 beautiful animals brought by rearers from Gujarat, Rajasthan, UP, Kashmir and Maharashtra.Buyers from Lokhandwala Complex, Yari Road and Versova as well as Malad, Govandi, Kurla, even Nagpada who do not wish to travel to Deonar come here. They juxtapose their budget with the animal's beauty. Each goat costs a minimum of Rs 15,000 with an average rate of Rs 35,000-40,000. Pricier breeds come for Rs 65,000-70,000. These days, though, most are sold by body weight, around Rs 500-550 per kg.Each goat has a different temperament. Some love posing for selfies with their owners, others are shy. Kashmiri goats with their long mane and woolly Merino sheep look stately. One has a curled pair of horns while another has a heart shaped pattern across the chest. "We will choose a goat that has no defect and matches all criteria for Qurbani," said Aman's father.Mandi organiser, civil contractor Wasim Azim Khan alias Haji Sahab, started this facility during the lockdown in 2020. "We host farmers who sell breeds from Indore, Ajmer and Gujarat, apart from low fat goats that are preferred by Maharashtrian Muslims. Exotic Kashmiri goats have four or five horns," he said.Trader Naeem Umar Saleh who runs Fatima Farm in Vapi, Gujarat, said, "We source kid goats weighing 20-25 kg and rear them on our farm which houses 450-500 animals. This trade calls for heavy investment because the goats require expensive feed and proper medication. Select clients from Mumbai actually travel to our farm a month in advance to choose the best animals from breeds like Sojat, Gujri and Ajmera and take delivery once we come to Jogeshwari. The animals weigh upto 130-140 per kg. We sell goats for Rs 550 per kg and feel that customers should not bargain to reduce the price by Rs 20-30 per kg. The animal loses 8-10 kg just during the trip to Mumbai."Haji claimed they even refund money for defective goats though few buyers knew that. "We arrange transport and veterinary care for a fraction of market rate, and even care for goats till Eid if a customer has no space to keep them. Clients from Lokhandwala, Versova and Yari Road retain them with us. We feed, bathe and care for them till they arrive to take delivery on Eid," he said.
Srinagar, Nov 27 (UNI) Jammu and Kashmir's Road Transport Corporation (RTC), a crucial backbone of public transportation, has raised serious concerns over the barring of its buses from entering Srinagar city limits. The move has triggered alarm within the Corporation, with officials cautioning about significant disruptions to public transport services and daily commutes, alongside substantial financial losses for the RTC. The restriction, in effect since November 4 when the maiden session of the Assembly commenced, is causing a daily revenue loss of Rs. 4 lakh to the Corporation. In a lette ...Read More >

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 >

Katra (J-K) | Prime Minister Narendra Modi is set to inaugurate on Friday the world's tallest bridge over Chenab river ahead of dedicating to the nation the much-awaited Kashmir rail service here. After his arrival at the Air Force station in Udhampur, the prime minister left in a chopper to inaugurate the bridge over Chenab. A multi-tier security setup has been put in place for the prime minister's visit, his first to the Union Territory post Operation Sindoor launched by the Indian Armed Forces across the border to hit terrorist infrastructure during the intervening night on May 6 and 7 in ...Read More >

Katra (JK), Jun 6 (PTI) Jammu and Kashmir Lieutenant Governor Manoj Sinha on Friday hailed the inauguration of two engineering marvels on the Udhampur-Srinagar-Baramulla Railway Link as a historic moment. "What a momentous day! 06 June, 2025 will go down in history. Hon'ble PM Sh Narendra Modi Ji inaugurated Chenab bridge, the world's highest railway arch bridge & Anji bridge, India's first cable-stayed rail bridge, making the dream of connecting Kashmir to Kanyakumari, a reality," Sinha posted on his X handle. Prime Minister Modi inaugurated the Chenab and Anji bridges and is set to launch ...Read More >

Patna: Jan Suraaj chief Prashant Kishor speaks during the 'Bihar Badlav' rally, in Patna, Friday, April 11, 2025. "Declare Nitish Kumar as the Chief Minister candidate if he is the face of the NDA," challenged Jan Suraaj Party (JSP) founder Prashant Kishor on May 30, as he toured the state in his 'Bihar Badlav Yatra'. Mr. Kishor, a political strategist, who was instrumental in strategising several political campaigns, including those of Prime Minister Narendra Modi and Nitish Kumar, is setting himself up as a third alternative in Bihar beside the Mahagathbandhan (RJD-Congress-Left) and the Na ...Read More >

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 >
In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...Read More >
Srinagar, Jan 31 (PTI) Indian Institute of Carpet Technology (IICT) and NIFT, Srinagar has developed 36 box prototypes for unique packaging of Kashmiri handicrafts with the aim of boosting sales. Director IICT Zubair Ahmad said the packaging is an inseparable part of the famed Kashmir handicrafts, which facilitates its foray into international markets in a big way. "Time has come for artistic packaging to create a unique unboxing experience of the famed arts of Kashmir and boost its market value," Ahmad said. He called upon business stakeholders associated with Kashmir Arts to carry out fir ...Read More >

Katra/Jammu, Jun 5 (PTI) Union minister Jitendra Singh on Thursday lauded Prime Minister Narendra Modi for ensuring a speedy completion of the Udhampur-Srinagar-Baramulla Railway Link (USBRL) project after taking office in 2014 and said it marks the beginning of a historic journey in setting up the world's highest railway bridge in Jammu and Kashmir. On Friday, Prime Minister Narendra Modi is scheduled to inaugurate the world's highest railway bridge over the Chenab river and the Anji Khad bridge, India's first cable-stayed bridge, before flagging off Vande Bharat trains to mark the completio ...Read More >

Katra: Prime Minister Narendra Modi is set to inaugurate on Friday the world's tallest bridge over Chenab river ahead of dedicating to the nation the much-awaited Kashmir rail service here. After he arrived at the Air Force station in Udhampur, the prime minister left in a chopper to inaugurate the bridge over Chenab. A multi-tier security setup has been put in place for the prime minister's visit, his first to the Union Territory post Operation Sindoor launched by the Indian Armed Forces across the border to hit terrorist infrastructure during the intervening night on May 6 and 7 in retaliat ...Read More >

New Delhi, June 6 (SocialNews.XYZ) Prime Minister Narendra Modi is set to inaugurate a series of monumental infrastructure projects, including Chenab Bridge - the world's highest railway bridge and flag off the much-awaited Vande Bharat Express train from Katra to Srinagar. Dilip Kumar, Executive Director of Information & Publicity of the Railway Board hailed the occasion as one of the most historic milestones since India's independence. "On this historic day, by the grace of Mata Vaishno Devi, PM Modi is dedicating to the nation a project that is being discussed across the world. If we look ...Read More >

Srinagar, Jun 6 (PTI) The Jammu and Kashmir unit of BJP on Friday described the completion of the Udhampur-Baramulla rail link as a "historic moment", and called the project a "precious Eid gift" for the people of the Union Territory. "The Udhampur-Baramulla railway connectivity is not just a feat of engineering, but a symbol of hope, development, and national integration.This is truly a historic moment for Jammu and Kashmir," BJP's J-K spokesperson Altaf Thakur said here. He said the ambitious rail project will revolutionise travel in the region, boost tourism, and open up economic opportun ...Read More >
Muzaffarnagar (UP), Dec 6 (PTI) A teacher who asked other students to slap a Muslim boy in a school here surrendered at a POCSO court and was released on bail, an official said on Friday. Tripta Tyagi was caught last year in a video asking children to slap a boy in a school where she taught. Additional District Judge (POCSO) Alka Bharti on Thursday granted her bail and ordered her to furnish two sureties of Rs 25,000 each. She posted the matter for further hearing on Friday. Kapil Ahlawat, Tyagi's lawyer, told PTI that Tyagi had surrendered in the Special POCSO court on Thursday and sought ...Read More >
Bengaluru, Dec 15 (VOICE) Former Minority Commission Chairman Anwar Manipaddy on Sunday refuted the bribery charge levelled by Chief Minister Siddaramaiah, saying the Congress leaders have been offering him bribes to suppress the Waqf encroachment report. CM Siddaramaiah on Saturday alleged that BJP state president B.Y. Vijayendra "tried to bribe" the former Minority Commission Chairperson during the previous government with Rs 150 crore to suppress a probe into the Waqf property encroachment. Speaking to the media, Anwar Manipaddy stated that if Chief Minister Siddaramaiah has any genuine co ...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 >

Jammu: Jammu and Kashmir Lt Governor, Manoj Sinha, Chief Minister Omar Abdullah and Union ministers Ashwini Vaishnaw and Jitendra Singh reached Katra in Reasi district on Thursday to review arrangements a day ahead of Prime Minister Narendra Modi's visit, officials said. On Friday, the prime minister is scheduled to inaugurate the Chenab bridge and the Anji bridge, India's first cable-stayed bridge, the symbol of the country's engineering excellence, before flagging off Vande Bharat trains to mark the completion of the 272-km Udhampur-Srinagar-Baramulla Railway Link (USBRL) that will provide ...Read More >

Srinagar: Railway stations across the Kashmir Valley have been beautifully decked out as preparations peak for Prime Minister Narendra Modi to flag off the inaugural Delhi-Srinagar Vande Bharat Express -- the first-ever train connecting the valley directly to the rest of India. This landmark train will depart from Delhi and travel through Katra, the gateway to the revered Mata Vaishno Devi shrine, before reaching Srinagar. The event marks the successful culmination of one of India's most ambitious infrastructure projects, featuring two engineering marvels: the world's highest railway bridge o ...Read More >

NEW DELHI: Prime Minister Narendra Modi on Friday accused Pakistan of attacking 'insaniyat' and Kashmiriyat by targeting tourists in Pahalgam, saying the intent was to trigger communal clashes in India and rob Kashmiri people dependent on tourism of their livelihoods. The prime minister was speaking after flagging off the first train service to the Kashmir Valley, and inaugurating several development projects, including the world's highest railway bridge over the Chenab river and India's first cable-stayed Anji bridge. He said tourism provided employment and acts as a connecting link between ...Read More >

Katra (Jammu and Kashmir) [India], June 5 (ANI): Jammu and Kashmir Chief Minister Omar Abdullah and Union Minister Jitendra Singh inspected the Katra railway station and the Vande Bharat train on Thursday ahead of Prime Minister Narendra Modi's visit on June 6. PM Modi will flag off the first Vande Bharat train to Kashmir on Friday. CM Omar Abdullah said, 'If I tell you that I have been waiting for this moment for a long time, it will still not be enough. This rail project began when I was in the 7th or 8th class. Now, even my children have started working after completing school and college ...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 >
In a miraculous turn of events, a seven-year-old boy who was kidnapped from Uttar Pradesh's Ghaziabad district more than 30 years ago has reunited with his family. IMAGE: Raju was kidnapped when he was seven-year-old from Uttar Pradesh's Ghaziabad district. Photograph: ANI Now 38, Raju shared his ordeal and said that after being abducted in September 1993, he was handed over to a truck driver who took him to Jaisalmer in Rajasthan. "The kidnappers kept me in a room located in the middle of a barren area, where I was forced to take care of sheep and goats. Each night, I was chained and locke ...Read More >
Srinagar, Jan 31: Online gambling has become a growing menace in Kashmir, driving several families into severe financial distress and emotional turmoil. The easy accessibility of online betting platforms has lured many, particularly youth, with the illusion of quick financial gains. However, this often results in heavy monetary losses, debt and psychological suffering. According to details obtained by the news agency -- Kashmir News Observer (KNO), a youth from south Kashmir initially won Rs 10,000 in online betting within a few days. Encouraged by this, he borrowed lakhs of rupees from neigh ...Read More >

Jammu: Prime Minister Narendra Modi on Friday described the completion of the Udhampur-Srinagar-Baramulla Rail Link (USBRL) as a historic milestone and a symbol of national integration, as he flagged off the first Vande Bharat train between Katra and Srinagar. Speaking at a massive public gathering in Katra, Modi called the moment "a grand celebration of India's unity and willpower." "With the blessings of Mata Vaishno Devi, Kashmir has now been connected to India's vast railway network," he said. "For decades, the phrase 'Kashmir to Kanyakumari' has represented a dream of national unity -- ...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 >

Pakistan's former Foreign Minister and Chairman of the Pakistan People's Party (PPP), Bilawal Bhutto Zardari, recently faced public embarrassment at a United Nations press briefing after he was fact-checked by a reporter for making unsubstantial claims that Muslims were being 'demonised' in India. Bilawal Bhutto, part of Islamabad's diplomatic team at the UN, made the remarks during a press conference to clarify Pakistan's stance on Kashmir. Pahalgam attack was politicised to demonise Indian Mus ...Read More >

Kolkata (West Bengal) [India], June 6 (ANI): Law student Sharmistha Panoli, arrested for allegedly hurting religious sentiments through a social media post, has been granted interim bail by the Calcutta High Court on Thursday. The court directed her to cooperate with the investigation, not leave the country, and furnished bail on a personal bond of Rs 10,000. The court also ordered appropriate police protection for her. Also Read | Goa: Man Held for Trying to Trade Sensitive Data Online Using Cryptocurrency Transactions. Her father, Prithviraj Panoli, expressed relief, citing her health iss ...Read More >

Srinagar, Jun 6 (PTI) The Jammu and Kashmir unit of BJP on Friday described the completion of the Udhampur-Baramulla rail link as a "historic moment", and called the project a "precious Eid gift" for the people of the Union Territory. "The Udhampur-Baramulla railway connectivity is not just a feat of engineering, but a symbol of hope, development, and national integration.This is truly a historic moment for Jammu and Kashmir," BJP's J-K spokesperson Altaf Thakur said here. Also Read | Bodoland Lottery Result Today, June 06, 2025: Assam State Lottery Sambad Friday Lucky Draw Results Declared, ...Read More >

KATRA, Jun 6: Lieutenant Governor Manoj Sinha on Friday said that the dream of a truly united India -- from Kashmir to Kanyakumari -- is no longer a mere slogan, but a lived reality, thanks to the visionary leadership of Prime Minister Narendra Modi, who has dedicated the Kashmir rail project to the nation. Addressing a gathering after PM Modi inaugurated Chenab Bridge, Anji Bridge and flagged off train to Kashmir, LG Sinha said, "By flagging off the Vande Bharat trains and dedicating the Kashmir rail project to the country, Prime Minister Narendra Modi has physically and emotionally united t ...Read More >
Bhubaneswar: Chief minister Mohan Charan Majhi on Thursday announced an ambitious plan of planting 7.5 crore saplings across the state within a year. Speaking at the state-level celebration of World Environment Day at the OUAT Agriculture Education Hall in city, the CM emphasised the importance of public awareness and collective responsibility in protecting nature and ending plastic pollution. "A healthy environment is essential for a healthy society," he said.Addressing the rising threat of single-use plastic, the CM urged citizens to support a mass movement to eliminate plastic from daily li ...Read More >

Jammu: In the days leading up to Eid-ul-Adha, members of the Ahmadiyya Muslim community in Pakistan are being forced to sign legal documents, or affidavits, in which they agree not to perform Eid prayers or sacrifice animals. This is happening in many parts of Punjab and Sindh. According to local reports, if any Ahmadi is found taking part in Eid rituals, even inside their home, they may face police action, arrest, or a fine of up to 5 lakh rupees. In a shocking development, some of Pakistan's top Bar Councils have written official letters demanding a nationwide ban on Eid prayers by Ahmadis ...Read More >