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.
New Delhi [India], November 26: Presto Group is proud to initiate the India Quality Conclave 2024. Scheduled to take place on Nov 30th at Crowne Plaza, New Delhi. This exclusive gathering is a transformative platform for quality heads and industry leaders from the packaging, FMCG, and beverage sectors. Also Read | International Emmy Awards 2024 Winners: 'Drops of God', 'Division Palermo' and 'The Vow' Earn Major Honours! See the Full Winners List Here. The conclave will focus on key aspects of quality improvement, including cutting-edge technologies, regulatory updates, and sustainable practices. Attendees will gain insights on reducing costs, boosting productivity, and achieving seamless audit compliance. Event Highlights: Also Read | Australia Social Media Ban: Google and Meta Urge Country's Government To Delay Banning Services for Children Under 16, Says Need More Time To Assess Impact. * Improving Product Quality and Reducing Costs: Practical strategies for achieving excellence without compromising profitability. * Boosting QC Team Productivity: Exclusive sessions to supercharge efficiency in quality control. * Guidelines for Hassle-Free Audits: Step-by-step tips to ensure smooth regulatory compliance. * Success Stories and Innovations: Case studies and testimonials highlighting groundbreaking achievements in quality management. The event also features a prestigious awards ceremony to celebrate excellence and a book launch focused on packaging best practices. The conclave is expected to attract professionals and decision-makers from diverse industries, including packaging, FMCG, pharmaceuticals, and more. With a focus on actionable insights and collaborative growth, the event is geared to set a new benchmark for quality innovation in Asia. Speaking about the initiative, Vishal Malhotra, Director of Presto Stantest Pvt Ltd, said, "Hosting Asia's first Quality Conclave underscores our commitment to fostering a culture of quality excellence. This platform will serve as a catalyst for change, helping industries embrace cutting-edge practices and align with Presto's vision of 'India Ko Quality Mein Jitana Hai." Why Attend? This conclave is a golden opportunity for professionals to: * Learn proven strategies to minimize defects and enhance production yields. * Keynote speeches by Mr. Vishal Malhotra and Mr. Gaurav Malhotra * Discussion on Emerging trends, Case Studies and Regulatory requirements. * Network and panel discussions with Packaging, FMCG, Pharma professionals. * Exclusive Book launch - 'Perfecting the Bottle Code'. * Drive business growth through actionable insights and innovative practices. Venue: Crowne Plaza New Delhi Okhla, an IHG HotelAddress: Plot No. 1, Community Centre, Phase - 1, Okhla, New Delhi, Delhi 110020, India Registration: https://qualityconclave.com/ (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
New Delhi [India], November 26 (ANI): Spiritual guru and founder of the Isha Foundation, Sadhguru, on Tuesday came out strongly and expressed grave concern over the arrest of Chinmoy Krishna Das, a prominent ISKCON leader in Bangladesh. Taking to social media platform X, Sadhguru highlighted the shift from a democratic to a theocratic and autocratic system in Bangladesh, stressing the importance of understanding the value of an open democracy. He pointed out that persecution based on religion or demographic weaknesses is not in line with democratic ideals. Also Read | UK Horror: Transgender ...Read More >
New Delhi [India], December 6 (ANI): After a steep correction in October 2024, where the Nifty 50 index fell around 6 per cent and closed 8 per cent lower than its all-time highs, FII outflows reduced in November, a sharp drop from October outflows says a report by JM Financials. The benchmark index remained largely flat in November, reflecting a calmer trading environment. Foreign Institutional Investor (FII) activity also exhibited a notable slowdown in selling pressure. FII outflows reduced to Rs182 billion (USD 2.2 billion) in November, a sharp drop from Rs919 billion (USD 10.9 billion) ...Read More >
Mumbai (Maharashtra) [India], December 11 (ANI): The Indian stock markets continue to be in a consolidation phase as both indices opened flat on Wednesday. The Nifty 50 index opened at 24,620.50 points with a surge of 10.45 points or 0.04 per cent, while the BSE Sensex opened at 81,568.39 with a gain of 58.34 points or 0.07 per cent. Also Read | 'Suriya 45': Is Trisha Krishnan the Female Lead in Suriya Sivakumar's Upcoming Film With RJ Balaji? Check Out the Viral Photos. Experts noted that the US Consumer Price Inflation data will be the major event for markets globally. However, the consol ...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 >
New Delhi [India], June 6 (ANI): Prime Minister Narendra Modi on Friday reaffirmed India's commitment to fighting terrorism, stating that India stands firm and resolute in its collective fight against this threat in the backdrop of the April 22 Pahalgam terror attack, which claimed the lives of 26 tourists. Prime Minister Narendra Modi expressed optimism about strengthening ties with Central Asia, following the 4th India-Central Asia Dialogue and posted on X, 'Delighted to meet with the Foreign Ministers of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. India deeply che ...Read More >
Mumbai, June 7 (SocialNews.XYZ) The Nifty Microcap 250 index posted a strong performance in the month of May, rising 12.10 per cent, while the Nifty Smallcap 250 also recorded an impressive 9.59 per cent gain, according to a report released on Saturday. The broader market remained positive throughout the month, with smaller companies leading the rally, said the latest 'Global Market Snapshot' report by Motilal Oswal Asset Management Company. Over the past year, the Nifty Microcap 250 grew by 13.74 per cent, and the Nifty Smallcap 250 gained 7.72 per cent, showing continued investor interest ...Read More >
Mumbai, December 4: The domestic benchmark equity indices closed in green on Wednesday as buying was seen in PSU bank and realty sectors. The investors are keenly watching the Reserve Bank of India's (RBI) monetary policy committee (MPC) meeting which will announce its decision around the repo rate on Friday. Banking stocks rose amid volatile sessions in the market due to the possibility of Cash Reserve Ratio (CRR) cut by the central bank. Sensex settled at 80,956.3, higher by 110.58 points, or 0.14 per cent, while the Nifty ended at 24,467.45, up by 10.30 points, or 0.04 per cent. Stock Mark ...Read More >
New Delhi [India], January 13 (ANI): Union Minister Ashwini Vaishnaw criticised Meta CEO Mark Zuckerberg and called him "factually incorrect" over his remark that most incumbent governments, including India in 2024 elections, lost post-COVID. He added that the people of India have reaffirmed their trust in the NDA led by Prime Minister Narendra Modi. "As the world's largest democracy, India conducted the 2024 elections with over 640 million voters. People of India reaffirmed their trust in the ND led by PM @narendramodi Ji's leadership. Mr. Zuckerberg's claim that most incumbent governments, ...Read More >
New Delhi [India], May 28 (ANI): The Union Cabinet on Wednesday approved the continuation of the interest subvention component under the Modified Interest Subvention Scheme (MISS) for farmers for the financial year 2025-26, and approved required fund arrangements. It is a Central Sector Scheme aimed at ensuring the availability of short-term credit to farmers at an affordable interest rate through Kisan Credit card (KCC). Also Read | Parcel Bomb Case: Odisha Court Convicts Accused Punjilal Meher, Sentences Him to Life Imprisonment. Under the Scheme: Farmers received short-term loans of up t ...Read More >
New Delhi [India], June 6 (ANI): Indian stock markets opened on a cautious note on Friday, as investors remained in a wait-and-watch mode ahead of the Reserve Bank of India's key monetary policy announcement. The policy decision is scheduled to be announced at 10 AM. The benchmark indices reflected this cautious mood. The Nifty 50 opened at 24,748.70, down just 2.20 points or 0.01 per cent. Similarly, the BSE Sensex also opened flat at 81,434.24, down 7.80 points or 0.01 per cent. Experts believe that any decision on the policy rate could significantly influence the market sentiment, especia ...Read More >
New Delhi [India], June 6 (ANI): Prime Minister Narendra Modi on Friday reaffirmed India's commitment to fighting terrorism, stating that India stands firm and resolute in its collective fight against this threat in the backdrop of the April 22 Pahalgam terror attack, which claimed the lives of 26 tourists. Prime Minister Narendra Modi expressed optimism about strengthening ties with Central Asia, following the 4th India-Central Asia Dialogue and posted on X, "Delighted to meet with the Foreign Ministers of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. India deeply che ...Read More >
New Delhi [India], December 4 (ANI): The GSEC in Hyderabad will be the first of its kind in the APAC region after Tokyo and only the fifth globally, with similar facilities in Dublin, Munich, and Malaga, according to a statement. This GSEC is a specialised international cybersecurity hub designed to play a crucial role in developing advanced security and online safety products tailored for the Indian context. The centre will focus on cutting-edge research, AI-driven security solutions, and creating a collaborative platform for leading experts and researchers in cybersecurity. It also aims to ...Read More >
The books for class 9-12 will be available from 2026-27. New Delhi: The National Council of Educational Research and Training (NCERT) has reduced the prices of books for classes 9 to 12 by 20 per cent. The decision was announced by NCERT Director Dinesh Prasad Saklani during an event held in the national capital on Monday. The reduction in the prices of books will be effective from the upcoming academic year. News agency PTI quoted the minister as saying that while the textbooks for classes 9- ...Read More >
Mumbai (Maharashtra) [India], June 6 (ANI): NSE Sustainability Ratings and Analytics, a defunct subsidiary of the stock exchange NSE, has launched ESG ratings services for listed companies. It marks a significant milestone in advancing sustainable business practices in India. Also Read | Startup Growth in India: Country Now Has 1.76 Lakh Registered Startups and 118 Unicorns, Says FM Nirmala Sitharaman. NSE Sustainability focuses on assessing Environmental, Social, and Governance (ESG) performance, providing stakeholders with vital information to make informed decisions. The company NSE Sus ...Read More >
The Chinese yuan was also facing its own challenges from the growing threat of more U.S. tariffs on China, pushing it down to a 13-month trough. Japan's tech-heavy Nikkei jumped 1.6% as of 0200 GMT, and South Korea's KOSPI advanced 1.7%. Taiwanese shares gained 1.1%. Australia's stocks benchmark rose 0.7% and reached a fresh all-time high. However, Chinese stocks were under pressure, with Hong Kong's Hang Seng edging slightly lower and mainland blue chips falling 0.3%. MSCI's broadest index of Asia-Pacific shares added 0.7%. Both S&P 500 and Nasdaq futures were flat after the cash indexes ...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 >
MUMBAI: The Indian stock markets bounced back strongly on Friday with both the Sensex and Nifty rising sharply during the intra-day trade after a cautious start. The rally was driven by positive global cues and heavy buying in the IT and FMCG stocks. The Sensex jumped 953 points, or 1.17 per cent, to hit an intra-day high of 81, 905. Meanwhile, the Nifty climbed 299 points, or 1.21 per cent, to cross the 24, 900 mark, reaching a high of 24, 909 during early trade. However, the market gave up some of its early gains as the session progressed. Around 1 p.m., the Sensex was trading at 81, 800.8 ...Read More >
Neeraj Chopra's invitational javelin event - NC Classic 2025 - has been rescheduled to be held on July 5 in Bengaluru, organisers JSW Sports confirmed on Tuesday. The NC Classic was postponed from its original May 24 date last month due to the India-Pakistan cross-border conflict last month. Some of the world's top stars are set to line up for the event at the Kanteerava Stadium next month. Former World Champions Anderson Peters and Julius Yego, as well as Rio 2016 champion Thomas Rohler, were a ...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 >
Raniwala 1881 unveils its much-anticipated Raas A/W 2024-25 Collection, a celebration of heritage, family, and love. The collection blends traditional craftsmanship with modern aesthetics, honoring the bride’s journey and creating an emotional connection across generations. Each piece, from polki necklaces to intricate earrings, tells a story of resilience and legacy. Crafted with care, these jewels are not just adornments but heirlooms in the making, meant to be passed down through families. Abhishek Raniwala, Co-founder & Creative Director, emphasizes that the collection celebrates the spiri ...Read More >
As businesses increasingly adopt AI, customizing large language models (LLMs) like GPT and Claude is key to meeting industry-specific needs. Techniques like Retrieval-Augmented Generation (RAG) and in-context learning are gaining popularity. RAG enables real-time data retrieval, ideal for tasks requiring up-to-date information, while in-context learning provides guidance within the task prompt. Recent advancements in LLMs, such as larger context windows, offer new possibilities but also present challenges, including cost and efficiency. A hybrid approach combining RAG and long-context models m ...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 >
New Delhi [India], June 6 (ANI): Prime Minister Narendra Modi on Friday reaffirmed India's commitment to fighting terrorism, stating that India stands firm and resolute in its collective fight against this threat in the backdrop of the April 22 Pahalgam terror attack, which claimed the lives of 26 tourists. Prime Minister Narendra Modi expressed optimism about strengthening ties with Central Asia, following the 4th India-Central Asia Dialogue and posted on X, 'Delighted to meet with the Foreign Ministers of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. India deeply che ...Read More >
Bangalore (Karnataka) [India], November 26: As anyone who lives or works in Bangalore knows, navigating the city's busy streets or planning an outstation trip can be challenging. But thanks to GoCabxi, a new, customer-focused cab booking platform, travel within and beyond Bangalore has never been easier. From daily city commutes to weekend getaways, GoCabxi is changing how Bangaloreans experience travel, one trip at a time. Also Read | International Emmy Awards 2024 Winners: 'Drops of God', 'Division Palermo' and 'The Vow' Earn Major Honours! See the Full Winners List Here. Reliable Rides at ...Read More >
New Delhi [India], June 6 (ANI): External Affairs Minister S Jaishankar, chairing the 4th India-Central Asia Dialogue in Delhi on Thursday, reaffirmed India's commitment to deepening its strategic partnership with Central Asian nations, with a special focus on connectivity, security, and technological collaboration. The session brought together top diplomats from Kazakhstan, Turkmenistan, Kyrgyzstan, Tajikistan, and Uzbekistan, reflecting a growing determination to address shared regional challenges and opportunities. Also Read | Elon Musk Warns Trump's Aggressive New Trade Tariffs Could Tri ...Read More >
Jaipur: Chief minister Bhajan Lal Sharma Friday flagged off the first air-conditioned 'Rajasthan Vahini Bharat Gaurav Tourist Train' from Durgapura railway station under the Devasthan department's Senior Citizens Pilgrimage Scheme-2025. This initiative marked the beginning of the pilgrimage to Rameshwaram, carrying around 800 passengers.Under the scheme, 50,000 senior citizens will travel to 13 different pilgrimage sites via AC trains for the first time this year. The eight-day journey is the longest among the Devasthan department's pilgrimages, including visits to the Ramanathaswamy Jyotirlin ...Read More >
New Delhi [India], June 7 (ANI): Imam and Samajwadi MP Maulana Mohibullah Nadvi extended his greetings on Saturday on the occasion of Eid al-Adha. Speaking to ANI, Maulana Mohibullah Nadvi highlighted the significance of sacrifice in life. 'On this auspicious occasion of Eid Al Adha, we extend our greetings to all our countrymen... There are people among us who are less fortunate, and we advocate peace, love and justice for them. Let us sacrifice for their benefit by sharing our wealth and expressing our compassion; this is the essence of sacrifice. This message of sacrifice unites all our c ...Read More >
The steelmaker informed that it will reduce 5,000 jobs by 2030 and a further 6,000 jobs will be let go of via the sale of business activities or transfer to external service providers.Source : Thyssenkrupp Thyssenkrupp Steel Europe (TKSE) is planning to slash its workforce by roughly 40 per cent, the firm said on Monday. The steelmaker is looking to layoff nearly 11,000 workers as it announced a major restructuring move. The firm is a division of Thyssenkrupp AG and is the largest steelmaker in Germany. It has been facing pressure from cheaper Asian competitors, increasing power prices, and ...Read More >
Mumbai: Indian stock markets on Wednesday opened near the flatline on a cautious note, tracking the subdued sentiment in Asian markets. At the opening of the trade, Nifty at National Stock Exchange (NSE) started at 24,204.80, up 10.30 points and Sensex at 80,121.03, up by about 122 points. In the opening trade, the stocks of Coal India, Adani Enterprises, Mahindra and Mahindra, Adani Ports, and Kotak Banks were the top gainers. On the other hand, IndusInd Bank, Cipla, Tata Consumer Products, Bharti Airtel, and UltraTech Cement were the major losers on the NSE. Among the sectoral indices, Aut ...Read More >
New Delhi [India], December 3 (ANI): The Delhi High Court has issued a notice in response to a Public Interest Litigation (PIL) challenging the alleged unlawful construction of Urban Extension Road II through the village pond land in Goyla Khurd, located in the Southwest District of Delhi. The construction, which took place between 2018 and 2024, is visible in Google satellite images and raises concerns about the loss of natural resources crucial for environmental sustainability, especially as the city grapples with pollution, heatwaves, groundwater depletion, and climate change, plea stated ...Read More >