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.
Brescia: India and Italy have agreed to increase cooperation in areas such as manufacturing, auto, aerospace, energy transition, migration and mobility, an official statement said on Friday. These issues were discussed during the meetings between Commerce and Industry Minister Piyush Goyal and Italy's Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, Antonio Tajani, here. Brescia is Italy's manufacturing hub. "India and Italy agreed to prioritise cooperation in several emerging and strategic sectors. These include Industry 4.0, aerospace, energy transition, and sustainable mobility," the commerce ministry said. The two sides also stressed the importance of joint efforts in skill development, digital transformation, migration and mobility, as well as global connectivity initiatives such as the India-Middle East-Europe Economic Corridor (IMEC). The two leaders co-chaired the 22nd session of the India-Italy Joint Commission for Economic Cooperation (JCEC).
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the report, e-commerce also rose significantly, led by increased shopper penetration and spending, especia ...Read More >
New Delhi [India], December 16: The India Smart Grid Forum (ISGF) unveiled its pioneering Handbook on AI, ML, AR, VR, AR and Robotics Solutions and Roadmap for Adoption in Electric Utilities at the National Conference on the Use of AI/ML in the Power Distribution Sector, held from 06 - 07 December 2025 in New Delhi. The Handbook was formally presented to the Hon'ble Union Minister Shri Manohar Lal Ji, who appreciated the vision and forward-looking approach of this initiative, aimed at accelerating India's transition to a consumer-centric, technology-driven energy future. During the 1st Confere ...Read More >
New Delhi: Boasting of digital growth in India's largest public sector bank State Bank of India (SBI), Union finance minister on Tuesday said that digital transformation undertaken by SBI in the last decade has been immensely beneficial to its customers. Congratulating SBI on completing 70 years of service to the nation, she expressed hope that the bank will continue to innovate and empower as India continues its journey towards 'Viksit Bharat' by 2047. "With over 23,000 branches, 78,000 customer service points (CSPs) and 64,000 ATMs, SBI's footprint today is formidable and it is truly the ba ...Read More >
LONDON and NOIDA -- HCLTech, a global technology leader, and Equinor, Europe's largest energy supplier and a pioneer in renewables and low-carbon solutions, have expanded their IT collaboration to support the next phase of Equinor's digital transformation. This expanded relationship will cover Equinor's IT landscape across several key strategic areas. HCLTech will support Equinor as it accelerates its digital transformation by: Accelerating its cloud migration and standardizing services across operations Enhancing its cyber resilience and network performance Improving workplace experience ...Read More >
NEW DELHI: State-controlled Bharat Sanchar Nigam Limited (BSNL) has signed a Memorandum of Understanding (MoU) with the Numaligarh Refinery (NRL) to deploy a private 5G network for the public sector oil company, which would be India's first captive non-public network (CNPN) in the refinery sector. BSNL and NRL, in a joint statement on Sunday, said that the deployment would usher in a new era of secure, ultra-reliable, and real-time industrial connectivity, while supporting mission-critical opera ...Read More >
New Delhi: The government on Wednesday confirmed that India and Oman would sign a free trade agreement on Thursday in Muscat with an aim to boost economic ties between the two countries. "It will be signed in the presence of Prime Minister Narendra Modi, who is on a four-day, three-nation visit. Commerce and industry minister Piyush Goyal has already reached Muscat for the FTA signing and he is actively participating at the business summit there as well," a commerce ministry official said. Talks for the free trade agreement or FTA, officially termed as comprehensive economic partnership agree ...Read More >
Brescia: India and Italy Thursday cautioned against some countries' dominance on critical minerals and how the over-dependence on these key components of semiconductor, aerospace industry and EV batteries can be reduced. Commerce and industry minister Piyush Goyal said the concentration of critical minerals and their supply chains in a few geographies can hurt economic development of countries while Italian Deputy Prime Minister and foreign minister Antonio Tajani said the private sector of the two countries can consider forming joint ventures in this segment. The concerns assume significanc ...Read More >
New Delhi: India is engaged with the US and other stakeholders over the framing of rules for the Trump administration's move to levy a fee of $100,000 for H-1B visas, with the ministry of external affairs (MEA) saying on Friday that the mobility of skilled Indian talent contributes to innovation and economic growth in both countries. The new fee, announced by US President Donald Trump last week as part of measures to prevent the abuse of the H-1B visa programme -- perceived as a "national security threat" -- and to restrict the entry of non-immigrant workers, is expected to impact Indian nati ...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], June 6 (ANI): India and Italy will strengthen cooperation in agriculture and food processing, and set up Joint Working Groups in the automobile and space sectors, the Minister of Commerce & Industry said in a release. The decision was reached during a high-level meeting held between Union Minister of Commerce & Industry, Piyush Goyal, and Italy's Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, Antonio Tajani, in Brescia--Italy's manufacturing hub. The two leaders co-chaired the 22nd session of the India-Italy Joint Commission for Econom ...Read More >
New Delhi, June 7 (SocialNews.XYZ) UK Foreign Secretary David Lammy arrived in New Delhi on Saturday morning for a crucial two-day official visit aimed at reviewing and advancing the UK-India economic and migration partnership. He held bilateral discussions with External Affairs Minister S. Jaishankar to further strengthen the strategic relationship between the two countries. According to an official statement issued by the UK government, "The visit follows the historic Free Trade Agreement signed between the two countries and will deliver on this government's commitment to boost jobs and pr ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health department has urged district administrations to issue a public advisory on JE prevention measures and to i ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 GW of renewable projects, while exploring new opportunities in other states. The Group has already e ...Read More >
New Delhi, Dec 17 (PTI) India and Oman will sign a free trade agreement on Thursday in Muscat, opening greater opportunities for sectors such as textiles, food processing, automobiles, auto components, and gems and jewellery. It will be signed in the presence of Prime Minister Narendra Modi, who is on a four-day, three-nation visit. He arrived in Ethiopia on Tuesday from Jordan and will depart from Addis Ababa for Oman. Commerce and Industry Minister Piyush Goyal has reached Muscat for the FTA signing. Talks for the free trade agreement, officially termed as CEPA (Comprehensive Economic Par ...Read More >
New Delhi: India and the UK have the potential to further collaborate in the fields like artificial intelligence (AI), tele-medicine, climate modelling and agri-tech to improve the lives of millions of people in both the countries, Union Commerce and Industry Minister, Piyush Goyal, said on Wednesday. Addressing an event by the UK India Business Council (UKIBC) in the national capital, the minister highlighted range of areas where the bilateral partnership can drive not just economic growth and prosperity but also improve the lives of people in the UK, India and across the world. "AI and vir ...Read More >
New Delhi [India], June 6 (ANI): India and Italy will strengthen cooperation in agriculture and food processing, and set up Joint Working Groups in the automobile and space sectors, the Minister of Commerce & Industry said in a release. The decision was reached during a high-level meeting held between Union Minister of Commerce & Industry, Piyush Goyal, and Italy's Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, Antonio Tajani, in Brescia--Italy's manufacturing hub. Also Read | School Name in Urdu: Head Teacher of Government Primary School in Uttar Prades ...Read More >
Mumbai, Jun 7 (PTI) A delegation of Indian Olympic Association, Central and Gujarat state government met Commonwealth Sport officials in London to have a better understanding of the process and the framework relating to securing hosting rights of the 2030 Commonwealth Games in Ahmedabad. The delegation included IOA chief PT Usha and officials from the Union Sports Ministry as well as the Gujarat state government. They met the Commonwealth Sport officials over two days in London. While the proposals for the final bid are expected to be submitted by August 31, the selection of the host city fo ...Read More >
Bangalore (Karnataka) [India], December 4: Sonata Software (NSE: SONATSOFTW) (BSE: 532221), a leading Modernization Engineering company, today announced that it has achieved the Amazon Web Services (AWS) Generative Artificial Intelligence (AI) Competency. This specialization highlights Sonata Software as an AWS Partner that helps customers and the AWS Partner Network (APN) drive the advancement of services, tools, and infrastructure pivotal for implementing generative AI technologies. Also Read | Manchester United Players Did Not Wear Pro-LGBTQ+ Jackets Before Premier League 2024-25 Match Aga ...Read More >
Lucknow (Uttar Pradesh) [India], August 3 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath is closely monitoring the flood situation in Uttar Pradesh, issuing timely directives to ensure effective relief efforts. Acting on his instructions, state ministers are inspecting affected areas, while Relief Commissioner Bhanu Chandra Goswami informed that floods have impacted 37 tehsils and 402 villages, affecting 84,392 people. Of these, 47,906 have received assistance, and 2,759 animals have been shifted to safer locations. Also Read | Tejashwi Yadav Asked To Produce His '2nd' Voter ID Card a D ...Read More >
New Delhi, Aug 3 (PTI) The government has notified a new framework for the edible oil industry, imposing stricter registration and reporting requirements on producers to enhance transparency and oversight, according to an official release. The 2025 Vegetable Oil Products, Production and Availability (VOPPA) Regulation Order, notified on August 1 by the Ministry of Consumer Affairs, Food and Public Distribution, amends the Vegetable Oil Products Production and Availability (Regulation) Order, 2011, under Section 3 of the Essential Commodities Act, 1955. Under the new framework, producers will ...Read More >
Dixon Technologies is partnering with HKC for display module manufacturing. The company has applied for government approval. Dixon is also exploring partnerships for diodes and components. They are collaborating with Dassault for smart manufacturing. Dixon aims for 'lighthouse factory' recognition. The company is satisfied with the current PLI scheme. Dixon plans significant investments in components and display modules.India's leading contract manufacturer Dixon Technologies has sought the gover ...Read More >
New Delhi, June 7 (SocialNews.XYZ) External Affairs Minister (EAM) S Jaishankar on Saturday thanked the government of the United Kingdom for standing shoulder to shoulder with India in its fight against terrorism to bring the perpetrators of heinous April 22 Pahalgam terror attack to justice. "At the outset, let me thank the Government of the United Kingdom for the strong condemnation of the barbaric terrorist attack in Pahalgam in the Union Territory of Jammu and Kashmir and for your solidarity and support to India in the fight against terrorism. We practice a policy of zero tolerance agains ...Read More >
Bengaluru (Karnataka) [India], August 14: The Federation of Indian Chambers of Commerce and Industry (FICCI) and AMPIN Energy Transition, in collaboration with Deloitte & Sumitomo Corporation, successfully concluded its pivotal seminar titled Renewable Energy Transition for Commercial and Industrial Consumers in the Southern Region at Hotel Taj MG Road. The event brought together a diverse group of industry leaders, policymakers, and C&I consumers who discussed the roadmap to achieve 100 RE for Corporates & Industrial consumers in South India. Delivering the inaugural address, Shri Gaurav Gup ...Read More >
Washington, Jun 5 (PTI) Congress MP Shashi Tharoor, leading a multi-party delegation to the US, was Thursday asked a question by his journalist son whether government interlocutors sought evidence of Pakistan's culpability in the Pahalgam attack to which he replied India would not have conducted Operation Sindoor without convincing evidence. "That shouldn't be allowed. This is my son," Tharoor said laughing, during an interaction at the Council on Foreign Relations when his son Ishaan Tharoor, global affairs columnist with the Washington Post, stood up to ask him a question. "Ishaan Tharoor, ...Read More >
Brescia: India and Italy have agreed to strengthen cooperation in emerging and strategic sectors including aerospace and energy transition, agriculture, and global connectivity initiatives such as the India-Middle East-Europe Economic Corridor (IMEC), the government said on Friday. "India and Italy resolved to strengthen cooperation in agriculture and food processing, and to set up joint working groups in the automobile and space sectors," the commerce and industry ministry said in a statement. The countries identified collaboration opportunities in sustainable agri value chains, agri machin ...Read More >
New Delhi, June 5 (SocialNews.XYZ) Union Commerce and Industry Minister Piyush Goyal on Thursday reiterated India's shared commitment to speed up the India-EU free trade agreement (FTA). Addressing the Italy-India Business Forum during his official visit to Italy, the minister said has had three meetings, in less than 35 days, with "my friend Maros Sefcovic, EU Commissioner for Trade and Economic Security". "This shows our shared commitment to speeding up the India-EU FTA," he told the gathering. Prime Minister Narendra Modi and President of the European Commission, Ursula von der Leyen, ha ...Read More >
Mumbai: Commerce and Industry Minister Piyush Goyal on Wednesday said that no power on earth can stop India from becoming a developed nation by 2047, with the government taking a series of initiatives to promote the domestic economy, build infrastructure and expand global trade. Speaking at the 6th edition of the Global Fintech Fest (GFF) 2025 here, the Minister also said that the world now looks upon India with trust and confidence as the country guarantees high-quality talent, skill, goods and services, and a commitment to timely delivery. "Viksit Bharat cannot happen without the adoption ...Read More >
Hyderabad: Actor Vijay Deverakonda is all set to return to the silver screen in a never-seen-before avatar with Kingdom, an action drama film that focuses on the themes of betrayal, vengeance, and redemption. The upcoming film is scheduled to release across India on July 31, and its Hindi version has officially been titled Saamrajya. Directed by Gowtam Tinnanuri, best known for the National Award-winning Jersey, Kingdom/Saamrajya features Deverakonda in a rugged and physically intense role. The story follows a man haunted by a violent past who is reluctantly thrust into leadership when the wo ...Read More >
New Delhi [India], August 14 (ANI): As India observes the Partition Horrors Remembrance Day, Union Minister of Commerce and Industry Piyush Goyal and External Affairs Minister on Thursday paid tribute to the people who sacrificed their lives during the Partition of India. Sharing an X post, Goyal said that on August 14, 1947, during the Partition of India, people endured the pain of violence, displacement and loss of loved ones. Also Read | Independence Day 2025: President Droupadi Murmu To Address Nation Today on Eve of 79th I-Day. "On this day in the year 1947, people had to endure the pa ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as the tax reductions on essential items of daily use will bring a noticeable drop in prices. He furthe ...Read More >