Abtak Logo

business News

LatestLY - Business - News Image
soure image
26
BusinessJun 07, 2025 09:55 AM

India News | Modi Ji Paved the Way for Us to Visit Kashmir, Gave Us Confidence That It Would Be a Sa...

Katra (Jammu and Kashmir) [India], June 7 (ANI): The first Vande Bharat Express train on the Katra-Srinagar route began its journey on Saturday morning, a day after Prime Minister Narendra Modi flagged it off from Katra Railway Station. Passengers were seen gathering excitedly to board the train for the inaugural ride. Also Read | Bihar Police Constable Recruitment 2025: CSBC Rejects 33,042 Applications for Post of Police Constable, Know Reasons Here. Sheetal, one of the passengers, told ANI,...Read More

The Times of India - Business - News Image
soure image
22
BusinessJun 07, 2025 09:43 AM

Surat cybercrime probe uncovers Rs 1,455 crore laundered via 90 bank accounts linked to Global syndi...

SURAT: The investigation into a massive international cybercrime racket busted last month in Surat has revealed a staggering Rs 1,455 crore was laundered through 90 bank accounts that were opened by misusing documents of needy people over the last six months.The total amount siphoned off could rise to Rs 2,000 crore, as the police are yet to examine details of another 75 suspicious accounts.The racket was unearthed on May 22, when Udhna police detained a man carrying suspicious stamps and bank k...Read More

dtnext.in - Business - News Image
soure image
27
BusinessJun 07, 2025 09:41 AM

Rate Cut Cycle likely over now, policy to stay data-driven: Union Bank of India Report

NEW DELHI: The recent policy actions by the Reserve Bank of India (RBI) appear to mark the end of the current interest rate cutting cycle, according to a report by Union Bank of India. The report states that the terminal repo rate is now likely to settle at 5.50 per cent, assuming a real interest rate of around 150 basis points and an inflation forecast of 4 per cent for the financial year 2025-26. It said, "We believe that this stealth easing concludes the rate cutting cycle for now with termi...Read More

The New Indian Express - Business - News Image
soure image
24
BusinessJun 07, 2025 09:32 AM

TTD issues legal notice to vendors for Tirupati Laddu GI tag misuse

VIJAYAWADA: In a decisive move to safeguard the sanctity and intellectual property of the sacred Tirupati Laddu, the Tirumala Tirupati Devasthanams (TTD) has initiated legal action against multiple unauthorised entities found selling or promoting products under the 'Tirupati Laddu' name in violation of its registered Geographical Indication (GI). Legal notices were issued through Sahadeva Law Chambers to several online platforms and vendors, including PushMyCart (Mahita LLC) and Transact Foods ...Read More

The New Indian Express - Business - News Image
soure image
31
BusinessJun 07, 2025 09:26 AM

Rs 8.90 crore cyber fraud busted in Andhra's Kakinada district

KAKINADA: The Kakinada district police have busted a massive cyber fraud racket and arrested three individuals involved in fraudulent transactions amounting to Rs 8.90 crore through 48 bank accounts. Providing details on Friday, District Superintendent of Police G Bindu Madhav said efforts were underway to apprehend the mastermind behind the fraud, Putta Ram, who is currently operating from Dubai. The investigation began after Karra Lova Krishna, a resident of Sambamurthynagar in Kakinada, lod...Read More

The New Indian Express - Business - News Image
soure image
2
BusinessJun 07, 2025 09:21 AM

Odisha cabinet gives nod to new biotech scheme, allocates Rs 1,113 crore

BHUBANESWAR: The state cabinet on Friday approved a new scheme 'Development of Biotechnology' to promote creation of advanced infrastructure for product and service development with an allocation of Rs 1,113.5 crore for a period of five years from 2025-26. The scheme aims to position Odisha as a knowledge-driven bio-economy. The scheme, approved at the meeting presided over by Chief Minister Mohan Charan Majhi, will strive to foster collaboration between industry and academia to open up opportu...Read More

Social News XYZ - Business - News Image
soure image
27
BusinessJun 07, 2025 09:21 AM

CMDA allocates Rs 54.36 cr to Greater Chennai Police for infrastructure, welfare projects

Chennai, June 7 (SocialNews.XYZ) The Chennai Metropolitan Development Authority (CMDA) has sanctioned Rs 54.36 crore to the Greater Chennai Police (GCP) under the Vada Chennai Valarchi Thittam (VCVT) to implement seven key infrastructure and welfare projects. The initiative aims to enhance police capabilities and community outreach, particularly in the northern parts of the city. The decision to allocate funds was taken following a detailed representation made by senior GCP officials to Chief ...Read More

India TV News - Politics Sports Business Other Health - News Image
soure image
16

Jr teachers hit streets for job regularisation - OrissaPOST

Bhubaneswar: Hundreds of junior school teachers from across the state Friday staged a protest here demanding regularisation of their services and withdrawal of contractual appointment system. Holding posters and banners against the contractual appointment of junior teachers in schools, the teachers, including women, demonstrated at Mahatma Gandhi Marg here. The teachers, representing various schools across the state, demanded immediate regularisation of their posts and scrapping of the contract...Read More

The Hans India - Business - News Image
soure image
32
BusinessJun 07, 2025 09:18 AM

Markets rally on RBI's surprise 50 bps rate cut

Mumbai: Benchmark equity indices surged on Friday, with the Sensex climbing 746.95 points and Nifty reclaiming the 25,000-level after the RBI cut interest rates by more-than-expected 50 basis points -- a third consecutive reduction -- and reduced the cash reserve ratio for banks to provide a major liquidity fillip to support the economy amid geopolitical and tariff headwinds. Recovering all the early lost ground, the 30-share BSE Sensex jumped 746.95 points, or 0.92 per cent, to settle at 82,18...Read More

The New Indian Express - Business - News Image
soure image
36
BusinessJun 07, 2025 09:17 AM

Will turn Visakhapatnam into Andhra Pradesh's growth engine, says Chandrababu Naidu

VIJAYAWADA: Chief Minister N Chandrababu Naidu has directed the officials to develop 'Visakha Economic Region' as the growth engine of Andhra Pradesh, with an aim to transforming it into a USD 120 billion economic region by 2032. He emphasised the need to develop Visakhapatnam on the lines of Mumbai in the next seven years. The Economic Region consists of eight districts including Visakhapatnam, Vizianagaram, Srikakulam, Anakapalli, Kakinada, East Godavari, ASR, and Manyam. The Chief Minister ...Read More

The New Indian Express - Business - News Image
soure image
18
BusinessJun 07, 2025 09:13 AM

People with Covid symptoms must avoid Rath Yatra: Odisha govt

BHUBANESWAR: With an uptick in new Covid-19 cases, the state government on Friday urged people with Covid symptoms to avoid large gatherings during the upcoming Rath Yatra as part of precautionary measures to contain the possible spread of the virus. The annual car festival, scheduled to commence from June 27, draws lakhs of devotees from across the country and abroad to the holy town of Puri. The event in several districts also witnesses huge congregations. Director of health services Dr Amar...Read More

The Hans India - Business - News Image
soure image
25
BusinessJun 07, 2025 09:11 AM

Centre's wheat procurement at MSP rises to 3-yr high

New Delhi: The government has procured 29.92 million tonnes (MT) of wheat during the 2025-26 Rabi marketing season (April-June) which represents a 13 per cent increase over the corresponding figure for the same period of the previous year and is the highest in the last three years, according to a senior official. This procurement is from a total 40.42 MT that arrived in the markets of the main wheat producing states across the country. The remaining portion has been bought by millers and trader...Read More

newKerala.com - Business - News Image
soure image
21
BusinessJun 07, 2025 09:10 AM

GAIL Launches First LNG Vessel at Dabhol Advanced Terminal

Dabhol (Maharashtra) [India], June 6 (ANI): GAIL successfully berthed the first LNG vessel at Dabhol terminal. The vessel, GAIL Bhuwan, was received on June 2, 2025, by Sandeep Kumar Gupta, Chairman & Managing Director, and Sanjay Kumar, Director (Marketing), GAIL, marking the commencement of uninterrupted, round-the-year operations at the terminal. With the commissioning of the breakwater after receipt of all statutory approvals, Dabhol LNG Terminal has now been designated an all-weather port,...Read More

The Hans India - Business - News Image
soure image
11
BusinessJun 07, 2025 09:10 AM

India seeks to bolster Central Asia trade ties

New Delhi: External Affairs Minister (EAM) S Jaishankar has urged the India-Central Asia Business Council to recommend a roadmap for further deepening of India-Central Asia ties in trade, economic and investment. Addressing the Business Council meeting in the national capital, EAM Jaishankar highlighted three broad objectives for strengthening the economic partnership -- deepen existing cooperation, diversify the trade basket and introduce sustainability and predictability in economic interacti...Read More

The Hans India - Business - News Image
soure image
19
BusinessJun 07, 2025 09:09 AM

India's forex reserves drop $1.24 bln to $691.49 bln

Mumbai: India's forex reserves dropped by $1.237 billion to $691.485 billion for the week ended May 30, the RBI said on Friday.The overall reserves had jumped by $6.992 billion to $692.721 billion in the previous reporting week. The forex reserves had touched an all-time high of $704.885 billion in end-September 2024. Earlier in the day, RBI Governor Sanjay Malhotra said that at $691.5 billion, the reserves are sufficient to fund more than 11 months of goods imports and about 96 per cent of ext...Read More

The New Indian Express - Business - News Image
soure image
28
BusinessJun 07, 2025 09:09 AM

Award marks on two disputed PG admission question, Delhi HC directs CLAT consortium

NEW DELHI: The Delhi High Court on Friday directed the Consortium of National Law Universities (NLUs) to award marks to candidates for two disputed questions in the Common Law Admission Test (CLAT) 2025 for postgraduate (PG) students. A bench of Chief Justice Devendra Kumar Upadhyaya and Justice Tushar Rao Gedela ruled in favour of the candidates on two out of the three questions that had been challenged before the court. One of the questions under dispute concerned a supposed extract from the...Read More

The New Indian Express - Business - News Image
soure image
20
BusinessJun 07, 2025 09:07 AM

Delhi government to install water ATMs at public spaces through CSR initiative

NEW DELHI: In an effort to enhance access to drinking water in public spaces, the Delhi government is set to roll out a pilot project to install 20 water ATMs under a Corporate Social Responsibility (CSR) initiative. The project is aimed at addressing the scarcity of potable water facilities in high-footfall areas such as markets, hospitals, metro stations, and bus terminals. The initiative will be executed on a public-private partnership (PPP) model, with private entities invited to install an...Read More

Hindustan Times - Business - News Image
soure image
23
BusinessJun 07, 2025 09:01 AM

Fish sale ban at Sassoon Docks causes livelihood crisis for Kolis

MUMBAI: A directive from the state prohibiting the sale of fish at Sassoon Docks, one of Mumbai's oldest and most active fish landing sites, has stirred the waters for the fishing community, especially Kolis at Colaba and Cuffe Parade. The ban on fish sales, recently imposed by the Maharashtra state fisheries department, is a first at the dock and, according to the Koli community, oversteps the annual ban on fishing during the monsoon from June 1 to July 31. While the community acknowledges the...Read More

The Hans India - Business - News Image
soure image
33
BusinessJun 07, 2025 09:01 AM

Man arrested, 670 e-cigarettes worth Rs 21 lakh seized

Hyderabad: The Hyderabad Commissioner's Task Force, Central Zone Team, along with Saifabad Police apprehended a 28-year-old man involved in the illegal sale of banned electronic cigarettes and seized 670 e-cigarettes worth Rs 21 lakh from his possession. The police raided a flat located in Prinstancode Apartments, Adarsh Nagar, under the jurisdiction of Saifabad Police Station. During the operation, Akash Sinde was arrested and e-cigarettes of various brands such as Elfbar, Elux, Raya D1, Nasty...Read More

India TV News - Business - News Image
soure image
21
BusinessJun 07, 2025 08:59 AM

Yash Dayal opens up on RCB players uniting and helping Virat Kohli achieve IPL glory, says 'whatever...

New Delhi: Yash Dayal opens up on RCB players uniting and helping Virat Kohli achieve IPL glory, says 'whatever is done for him is very less' The victory of Royal Challengers Bangalore in the 2025 IPL final against Punjab Kings, by only six runs, has led to big celebrations around the city. Players who looked up to Virat Kohli as kids are especially pleased to have him as a teammate. RCB's first IPL championship was especially meaningful for the team, as it gave experienced player Virat Kohli ...Read More

LatestLY - Business - News Image
soure image
13
BusinessJun 07, 2025 08:58 AM

India News | MP: Union Education Minister Dharmendra Pradhan, CM Mohan Yadav Inaugurate Hostel, Staf...

Ratlam (Madhya Pradesh) [India], June 7 (ANI): Union Minister of Education Dharmendra Pradhan, Governor of Karnataka Thaawarchand Gehlot and Madhya Pradesh CM Mohan Yadav inaugurated a hostel and staff quarters at Prime Minister Shri Jawahar Navodaya Vidyalaya-2. The Union Minister Pradhan and CM Yadav also performed a ritual and inaugurated the hostel and staff quarters. Also Read | AP Inter Supplementary Results 2025: BIEAP To Release Andhra Pradesh Inter 1st and 2nd Year Supply Exam Result ...Read More

The New Indian Express - Business - News Image
soure image
31
BusinessJun 07, 2025 08:58 AM

Post-Op Sindoor, Odisha restricts procurement from 'certain' countries

BHUBANESWAR: Amid the push for Atmanirbhar Bharat and Make-in-India in view of the changing geopolitical scenario, the state government has amended Odisha General Financial Rules (OGFR), 2023 enabling restrictions on procurement from certain countries. The amendments, notified by the Finance department on Thursday, authorised the state to bar procurement from bidders, who are either based in or have commercial arrangements with entities from countries or classes of countries that may pose a ris...Read More

The Hans India - Business - News Image
soure image
27
BusinessJun 07, 2025 08:52 AM

No BAS and RTE admissions in our schools: Private managements

Hyderabad: Are growing financial concerns pushing the education sector in the state into chaos? The situation indicates that the State government is facing scrutiny from the State High Court for failing to implement the 25 per cent reservation for underprivileged students in private schools, as mandated by Section 121 (C) of the Right to Education Act 2009. Meanwhile, private school management has expressed their inability to bear the financial burden that comes with implementing this scheme. I...Read More

Hindustan Times - Politics Business Sports Other Health - News Image
soure image
10

TG govt amping up fight against AP's Banakacharla move: Uttam

Hyderabad: State Irrigation Minister N Uttam Kumar Reddy has said that the Telangana Government was intensifying its fight against Andhra Pradesh's proposed Godavari-Banakacharla Link Scheme and was determined to protect Telangana's water rights. The Minister said that he had written multiple letters to the Centre, exposing serious violations by Andhra Pradesh and demanding immediate intervention. Andhra Pradesh had failed to obtain technical clearances from the Central Water Commission (CWC) a...Read More

The New Indian Express - Business - News Image
soure image
13
BusinessJun 07, 2025 08:50 AM

CMRL holds trial run on Corridor 4 under Phase 2

CHENNAI: CMRL has begun simultaneous trial runs on both up and down lines of Corridor 4's 9.5km viaduct from Porur junction to Poonamallee bypass as part of its Rs 63,000 crore Phase 2 expansion project. The dual-line trial, which commenced on Friday, signals progress toward the targeted December 2025 launch. Six driverless trains, manufactured by Alstom, will operate on this stretch under unattended train operations, with manual supervision for the first five to six months. "We are focused on ...Read More

Hindustan Times - Business - News Image
soure image
7
BusinessJun 07, 2025 08:46 AM

After IndiGo, Akasa announces flights from NMIA

Mumbai: Akasa Air, on Friday, announced its partnership with Adani Airport Holdings Limited (AAHL), and is set to begin commercial flight operations from the upcoming Navi Mumbai International Airport (NMIA). This decision follows a week after IndiGo's announcement to launch flights from NMIA. Initially, the airline will operate over 100 domestic departures per week and will increase the number to over 300 domestic departures and over 50 international departures per week in the winters. In an a...Read More

Northern Ireland News - Business - News Image
soure image
16
BusinessJun 07, 2025 08:45 AM

Lending rates to fall by 30 bps after RBI policy cut: SBI Report

New Delhi [India], June 7 (ANI): Lending rates are expected to fall by around 30 basis points (bps) following the recent policy rate cut, according to a report by the State Bank of India (SBI). The report highlighted that the immediate impact will be seen on loans linked to the external benchmark lending rate (EBLR), which make up about 60 per cent of the loan book of All Scheduled Commercial Banks (ASCBs). SBI said 'The steep cut on policy rates is expected to pass on to the EBLR linked loan ...Read More

Cambodian Times - Business - News Image
soure image
27
BusinessJun 07, 2025 08:44 AM

India, Central Asia push for regional connectivity through INSTC

New Delhi [India], June 6 (ANI): At the 4th India-Central Asia Dialogue held in New Delhi on Friday, India and the Foreign Ministers of five Central Asian nations reaffirmed their commitment to deepening cooperation through enhanced connectivity and human resource development through the International North-South Transport Corridor (INSTC) and the Chabahar Port, aiming to strengthen trade and economic ties while bypassing certain geographic constraints. The meeting, chaired by External Affairs ...Read More

The New Indian Express - Business - News Image
soure image
15
BusinessJun 07, 2025 08:39 AM

Delhi Assembly unveils 100-day 'report card'

NEW DELHI: The Assembly on Friday celebrated the completion of 100 days of the Eighth Delhi Legislative Assembly with a ceremonial release of its Report Card - a document that highlights its key achievements, innovations, and its "evolving, inclusive legislative ethos." The event was held within the Assembly premises in the presence of Union minister Harsh Malhotra who lauded the Assembly's work, describing the Report Card as "a reflection of remarkable accomplishments" and lauding its theme of...Read More

NewsBTC - Business - News Image
soure image
24
BusinessJun 07, 2025 08:37 AM

Bitcoin Sees Negative Funding On Binance - A Classic Setup For A Short Squeeze?

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. As political tensions between US President Donald Trump and Elon Musk escalated yesterday, the Bitcoin (BTC) market experienced a sharp shift in sentiment, with the funding rate on Binance flipping from positive to negative within hours. According to a CryptoQuant Quicktake post by contributor Darkfost, BTC funding rates on Binance have once again turned negative, even as the top...Read More