Abtak Logo

Business News

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.

6
BusinessJun 07, 2025 04:12 AM

Javid Dar extends Eid-ul-Adha greetings

SRINAGAR: Minister for Agriculture Production Department, Rural Development Department and Panchayati Raj, Javid Ahmad Dar, has extended Eid-ul-Adha greetings to the people of Jammu & Kashmir. The Minister wished that the blessed festival bring peace, prosperity and joy to all. Let us come together to celebrate the true spirit of sacrifice and compassion that defines Eid-ul-Adha, he asserted. The Minister prayed for well-being and happiness of all citizens and expressed hope that the festival will foster a deep sense of social harmony and brotherhood among the people of Jammu & Kashmir. Javid Dar urged everyone to embody the true message of Eid-ul-Adha by helping the needy and underprivileged, spreading love, kindness and generosity.

Comments

Similar News

21
PoliticsJun 07, 2025 06:18 AM

Eid-ul Adha being celebrated on June 7, greetings pour in

Srinagar, June 6 (UNI) As Eid-ul-Adha, the festival of sacrifice, is being celebrated on Saturday in Jammu and Kashmir, greetings poured in from all over on the festive eve. The Lieutenant Governor, Manoj Sinha, greeted the people on the eve of Eid-ul-Adha In his message, the Lieutenant Governor said: "Eid Mubarak! Heartiest greetings and good wishes to the people on the auspicious occasion of Eid-ul-Adha. Eid embodies the spirit of sacrifice and forgiveness. Let us reiterate our resolve to st ...Read More >

25
PoliticsJun 07, 2025 06:43 AM

"Long-pending project, demand ": JK Minister Satish Sharma on Chenab rail bridge

Katra (Jammu and Kashmir) [India], June 7 (ANI): Jammu and Kashmir Minister Satish Sharma on Friday said that the railway bridge over the Chenab river, inaugurated by Prime Minister Narendra Modi, was a long-pending project and demand. The Minister said that the people of Jammu and Kashmir are development-oriented and that the much-awaited project would boost tourism. Speaking to ANI about the Chenab rail bridge inauguration, Sharma said a day earlier, 'Today, the Kashmir valley has been connected with the rest of the nation. This was a long-pending project and demand. I congratulate Prime M ...Read More >

32
BusinessPoliticsOtherSportsJun 08, 2025 08:44 PM

World's largest container ship MSC IRINA to make historic debut at Vizhinjam Seaport

Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...Read More >

25
OtherJun 07, 2025 04:12 AM

Dy CM greets people on Eid-ul-Azha

JAMMU: Deputy Chief Minister Surinder Choudhary, today extended warm greetings to the people of Jammu and Kashmir on the auspicious occasion of Eid-ul-Azha. The Deputy Chief Minister said the occasion glorifies the spirit of sacrifice and everlasting faith in the Almighty. It inspires humanity to stay united through love, compassion and kind deeds that foster brotherhood and social harmony. Surinder Choudhary described Eid-ul-Azha, also known as Bakrid, as a sacred celebration that renews the remembrance of sacrifice, patience and surrender to the divine. The Deputy Chief Minister also prai ...Read More >

28

Flood situation in Arunachal improves; drinking water crisis in Itanagar

Itanagar, Jun 7 (PTI) The flood situation in Arunachal Pradesh improved on Saturday with water levels of most rivers receding, even as 33,000 people in 24 districts remained affected, officials said. Twelve people lost their lives and one person went missing in rain-related incidents, including landslides, after the monsoon set in, they said. In its daily report, the State Emergency Operation Centre (SEOC) said 33,200 people in 215 villages remained affected due to floods and landslides in the state. The water levels of most major rivers and their tributaries were showing a receding trend o ...Read More >

19

ECBC building inaugurated in Vizag

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 >

30
OtherPoliticsBusinessTechnologyJun 29, 2025 05:27 AM

Ravi Agrawal re-appointed CBDT chairman for one year | India News - Times of India

NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >

26
OtherPoliticsSportsJul 02, 2025 03:23 AM

Haryana aiming to increase MBBS seats to over 3,400 by 2029: CM | Chandigarh News - Times of India

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 >

32
OtherPoliticsBusinessTechnologyJul 02, 2025 05:51 AM

'Didwana arms case has links to 300cr heroin haul in Barmer' | Jaipur News - Times of India

Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >

26

ISI Link, Ransom Calls... How India Foiled A Sinister ISI Plot And Rescued Its Citizens In Iran

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 >

18
PoliticsBusinessJun 07, 2025 03:27 AM

J&K political leaders greet people on Eid-ul-Adha, pray for peace, prosperity in region

Srinagar, Jun 06: Political leaders in Jammu and Kashmir have extended greetings to the people on the auspicious occasion of Eid-ul-Adha. They expressed hope that the revered occasion brings peace and prosperity to the region. Dr Farooq Abdullah National Conference (NC) president, Dr Farooq Abdullah conveyed his heartfelt greetings to the people on Eid-ul-Adha, wishing them peace, prosperity and unity. In his message, Dr Abdullah reflected on the profound significance of the day, saying, "As the Muslim Ummah comes together in celebration of Eid-ul-Azha, I extend my warmest greetings to ever ...Read More >

36

How Mules Paved The Way For World's Highest Rail Bridge

Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >

24

Andhra Pradesh Engineering, Agriculture And Pharmacy Test Result Declared, Download Here

AP EAMCET Result 2025: APSCHE has declared the results for AP EAPCET today, June 8, 2025. AP EAMCET Result 2025: The Andhra Pradesh State Council of Higher Education (APSCHE) has declared the results for Andhra Pradesh Engineering, Agriculture, and Pharmacy Common Entrance Test (AP EAPCET) 2025 today, June 8, 2025. Candidates who appeared for the examination can login and check their results on the official website, cets.apsche.ap.gov.in. AP EAMCET is now called as AP EAPCET. AP EAMCET Result 2025: How To Download Your Result? Visit the official website, cets.apsche.ap.gov.in.Click on "AP E ...Read More >

24

India May Repeat Action If Provoked: Tharoor

Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >

32
BusinessJul 03, 2025 06:03 AM

Union Minister, CM jointly review Animal Husbandry & Fisheries Sectors in J&K

SRINAGAR, July 2: Union Minister for Fisheries, Animal Husbandry & Dairying, Rajiv Ranjan Singh and Chief Minister Omar Abdullah today jointly chaired a high-level review meeting of the Animal Husbandry and Fisheries sectors of Jammu & Kashmir. The meeting was attended by Minister for Agriculture Production & Panchayati Raj Javid Ahmad Dar, Advisor to the Chief Minister Nasir Aslam Wani, Secretary GoI Alka Upadhyay, Additional Chief Secretary Dheeraj Gupta, Additional Secretary (CDD/IT) and other senior officers from the Ministry of Fisheries, Animal Husbandry & Dairying. Principal Secretary ...Read More >

21
BusinessJul 04, 2025 02:51 AM

Shivraj Chouhan says 5 lakh PMAY beneficiaries in J&K to be provided houses soon

Union Minister Shivraj Singh Chouhan announced that nearly five lakh homeless individuals in Jammu and Kashmir will soon receive housing under the Pradhan Mantri Awas Yojana. With Chief Minister Omar Abdullah present, Chouhan highlighted the near completion of existing allotments and plans for verification of newly identified beneficiaries. SRINAGAR: With chief minister Omar Abdullah sitting next to him, Union minister for agriculture and rural development Shivraj Singh Chouhan on Thursday said ...Read More >

23

Former Air India CMD Ashwani Lohani named new director of PMML

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 >

20
BusinessJun 06, 2025 08:08 PM

Trade loss worries soar for Jammu merchants with train to Kashmir, as many rejoice

Katra, Jun 6 (PTI) As the valley delves into jubilation over freshly launched rail connectivity, traders in adjacent Jammu were a bit subdued, apprehending a loss of business because of the travellers bypassing them wholesale straight to Kashmir. As a result, traders' outfits in the district have urged the government to think about the economic impact and address it. "We congratulate the prime minister on this historic step. It will provide Kashmir with all-weather connectivity. But it will inevitably affect business in Jammu. The government must look into this aspect," Jammu Traders' Associ ...Read More >

37
PoliticsJun 07, 2025 08:37 AM

Train links are a welcome now release prisoners on Eid to reduce Dil Ki Doori: Mirwaiz to Modi

Srinagar: Hurriyat leader Mirwaiz Umar Farooq on Friday said that if the Prime Minister truly seeks to reduce the 'Dil Ki Doori' then humanitarian steps like release of prisoners need to be taken immediately. Mirwaiz while addressing a Friday gathering here at historic Jama Masjid in downtown Srinagar said that train links are a welcome, but it is the human links that truly matter and endure. On the eve of Eid-ul-Adha, Mirwaiz said that for thousands of families in J&K, the festival brings no joy. "Their sons, husbands, fathers and brothers have been incarcerated for years -- many without tr ...Read More >

29

Eid prayers not allowed at Eidgah ground, Jama Masjid in Srinagar; Mirwaiz alleges house arrest

Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >

32
PoliticsJun 07, 2025 02:46 PM

J-K: PDP Chief Mehbooba Mufti, Iltija Mufti offer namaz on occasion of Eid al-Adha in Srinagar

Srinagar (Jammu and Kashmir) [India], June 7 (ANI): PDP chief Mehbooba Mufti and her daughter Iltija Mufti offered Namaz in Srinagar on Saturday on the occasion of Eid-al-Adha. Pointing out that the gates of the Jama Masjid have been 'locked again', PDP leader Iltija Mufti said, 'Mirwaiz Umar Farooq has been put under house arrest again. I want to ask the NC government and the LG why Mirwaiz is still being placed under house arrest when you claim everything is normal. As India's only and the largest Muslim majority state, we Kashmiris have the right to worship... More than infrastructure, we ...Read More >

20
BusinessJun 06, 2025 05:41 AM

Policies to now be based on inputs from farmers, not bureaucrats: Union agri minister Shivraj Chouhan | Chandigarh News - Times of India

Patiala: Union minister for agriculture and farmers' welfare Shivraj Singh Chouhan visited Rajpura in Patiala district on Thursday as part of an ongoing initiative, Viksit Krishi Sankalp Abhiyan (VKSA), which is aimed at transforming Indian agriculture through direct farmer engagement and sustainable practices.At a 'Kisan Chaupal' in Gandia Kheri village, Chouhan emphasised on govt's commitment to formulating agricultural policies based on direct interactions with farmers rather than relying solely on bureaucratic inputs. " If scientists go to the ground, they'll know about the problem of farm ...Read More >

19
OtherPoliticsBusinessJun 07, 2025 05:51 AM

Himanta visits Hailakandi, Sribhumi relief camps, vows timely infra repair | Guwahati News - Times of India

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 >

32
PoliticsJun 08, 2025 07:31 PM

IIOJK: Eid Prayers Disallowed at Historic Jamia Masjid, Eidgah in Srinagar

Srinagar: In Indian Illegally Occupied Jammu and Kashmir, in a continued assault on religious freedom, the New Delhi-imposed administration barred Kashmiri Muslims from offering the Eid-ul-Adha prayers at the historic Jamia Masjid and Eidgah in Srinagar. According to Radio Pakistan, the ban was enforced by the Lieutenant Governor Manoj Sinha-led administration on the instructions of Indian Home Minister Amit Shah. This continues a repressive pattern, as Eid prayers have been barred at Jamia Masjid and Eidgah since 2019, the year the Modi government revoked the special status of IIOJK. This m ...Read More >

30

Stampede at RCB event: Bengaluru police chief, key officials suspended

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 >

30
BusinessJun 05, 2025 05:48 PM

Now that Indus treaty is on hold, we'll use more water for Indian farmers: Agriculture Minister Chouhan

CHANDIGARH: Union Minister for Agriculture and Farmers' Welfare and Rural Development Shivraj Singh Chouhan said that as the Indus Waters Treaty has been put in abeyance, efforts will be made to ensure that more water reaches farmers in Punjab, Jammu & Kashmir, Himachal Pradesh, Haryana and Rajasthan. He said that 80 per cent of water from the Indus river system was flowing into Pakistan. "Giving 80 per cent water to Pakistan at that time was not justified. Punjab, Haryana and Rajasthan require water and that water is ours. Now we will utilize that water for our farmers," said Chouhan. Chouh ...Read More >

24
OtherBusinessEnvironmentJun 06, 2025 04:53 AM

Odisha to plant 7.5 crore saplings in a yr: CM | Bhubaneswar News - Times of India

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 >

16
PoliticsJun 07, 2025 06:36 PM

J-K Waqf Board Chaiperson Darakshan Andrabi extends greetings on Eid-al-Adha

Srinagar (Jammu and Kashmir) [India], June 7 (ANI): Jammu and Kashmir Waqf Board Chairperson Darakshan Andrabi on Saturday extended greetings to people on the occasion of Eid-al-Adha. 'I extend greetings to all Muslims on the occasion of Eid al-Adha...Everyone offered prayers peacefully and prayed for peace and prosperity. This is very important for our Jammu and Kashmir...', Andrabi told ANI. Earlier in the day, PDP chief Mehbooba Mufti and her daughter Iltija Mufti offered Namaz in Srinagar on the occasion of Eid-al-Adha. Pointing out that the gates of the Jama Masjid have been 'locked ag ...Read More >

19
OtherJul 04, 2025 01:01 AM

Kashmir records hottest June in 47 years

Srinagar, Jul 3: Kashmir recorded its hottest June in nearly five decades as a prolonged dry spell and 50 percent rainfall deficit triggered an intense and sustained heatwave across the Valley, according to meteorological data. Srinagar registered an average maximum temperature of 33 degrees Celsius last month - at least three degrees above normal - making it the hottest June since 1978. The average minimum temperature also remained elevated at 18.2 degrees Celsius. "This June mimicked the extreme heat of 1978, although peak temperatures were slightly lower," said Mukhtar Ahmad, Director of ...Read More >

16
OtherPoliticsBusinessJul 04, 2025 01:20 AM

ED Attaches ₹131.45 Cr In Spanish Assets Of OctaFX Mastermind

NEW DELHI: The Enforcement Directorate (ED) on Thursday announced the provisional attachment of assets worth approximately ₹131.45 crore in Spain, including a luxury yacht and immovable properties, under the Prevention of Money Laundering Act (PMLA). These assets belong to Pavel Prozorov, a Spanish national and the alleged mastermind behind the unauthorised forex trading platform OctaFX. The attached assets comprise a commercial Italian-model luxury yacht cruising in the Western Mediterranean, a minijet boat, a luxury car, and two residential properties in Spain. The ED's probe was launched ...Read More >