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: In a significant move to curb deceptive design practices in digital commerce, the Central Consumer Protection Authority (CCPA) has issued an advisory to all e-commerce platforms to conduct self-audits within three months to detect and eliminate the use of Dark Patterns -- misleading online interface designs that manipulate user behavior. The advisory, issued as part of the government's larger effort to promote fair digital marketplaces and build consumer trust, calls on platforms to not only detect such practices but also provide self-declarations affirming that their operations are free from dark patterns. These declarations are expected to promote transparency and reinforce responsible digital conduct across the sector. Dark patterns refer to manipulative UI/UX techniques that exploit consumer psychology to drive unintended actions such as forced purchases, hidden costs, or misleading urgency. To counter this, the Department of Consumer Affairs had issued comprehensive Guidelines for Prevention and Regulation of Dark Patterns in 2023, identifying 13 such practices including false urgency, basket sneaking, confirm shaming, bait and switch, disguised advertisements, and trick wording. In a parallel move, the department has constituted a Joint Working Group (JWG) comprising representatives from relevant ministries, regulators, voluntary consumer organizations, and National Law Universities (NLUs). The JWG is tasked with regularly identifying violations of dark pattern practices and reporting them to the Department of Consumer Affairs. It will also recommend consumer awareness initiatives to sensitize users about unfair digital practices. The CCPA confirmed that notices have already been issued to certain e-commerce platforms found violating the guidelines. It reiterated that deceptive design interfaces that mislead users or restrict informed decision-making constitute unfair trade practices under the Consumer Protection Act and will invite regulatory action. The government's renewed push aims to enhance accountability in digital commerce, ensuring that consumers are empowered with clear, fair, and transparent online experiences as digital transactions increasingly become a part of everyday life.
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): Aadhaar number holders carried out over 211 crores authentication transactions, pushing the total number of such transactions since Aadhaar's inception to more than 15,223 crores (152.23 billion), according to a release by the Ministry of Electronics & IT. The ministry reported that the transaction in May 2025 saw more transactions, as compared to the same month last year, when 201.76 Cr such transactions were carried out. This growth in number is a reflection of how Aadhaar-based authentication has been playing a facilitating role in effective welfare delive ...Read More >
New Delhi, Jun 6 (PTI) The Delhi government has rolled out guidelines for tree officers to enforce certain sections of the Delhi Preservation of Trees Act (DPTA), 1994, officials said. Environment Minister Manjinder Singh Sirsa said Section 8 of the DPTA mandates that no tree shall be felled, removed or disposed of without prior permission from the tree officer. However, it provides an exception for emergency cases, where a tree poses an immediate danger to life, property or traffic, he explained. In such situations, RWAs, land-owning agencies, individuals or responsible agencies may act wit ...Read More >
NEW DELHI, July 2: In a significant move aimed at reducing pension-related legal disputes and ensuring swifter justice for India's growing population of retired Government employees, Union Minister Dr. Jitendra Singh today , while chairing the first-ever "National Workshop on Pension Litigation" organised by the Department of Pension & Pensioners' Welfare at Vigyan Bhawan here, said that in no case should the vital energies of our elder citizens be allowed to be consumed inconsequentially for avoidable reasons because they may be "retired from Government service but not retired from service to ...Read More >
Mumbai: Domestic institutions, including mutual funds and Life Insurance Corporation of India (LIC), hold the key to allowing Subhash Chandra-led promoter entities to increase their stake in Zee Entertainment Enterprises Ltd. That's when Norges Bank, the company's largest overseas investor, has given its assent. LIC (4.49%), HDFC Mutual Fund (3.66%) and ICICI Prudential Mutual Fund (3.04%) together own over a tenth of the outstanding shares of Zee as of 31 March, making their decision crucial. HDFC Life Insurance (1.57%) is another significant shareholder. Zee has intensified its outreach to ...Read More >
New Delhi: Any non-compliance with food safety protocols will be viewed with utmost seriousness, potentially leading to severe action, said Food Safety and Standards Authority of India (FSSAI) CEO G Kamalavardhana Rao to the representatives of leading e-commerce platforms in a meeting here on Tuesday. The focus of the meeting was to strengthen food safety and hygiene practices throughout the entire e-commerce food supply chain. During the deliberations, he issued several crucial directives to the e-commerce platforms. He directed all e-commerce entities to prominently display their FSSAI lice ...Read More >
MUMBAI: Food regulator FSSAI warned e-commerce platforms of "severe action" if they fail to comply with food safety protocols. In a meeting on Tuesday with companies, CEO G Kamala Vardhana Rao directed platforms to share data pertaining to their warehouses, food handlers, and other relevant information with the authority to ensure transparency and compliance. They were also asked to "prominently display" their FSSAI licence number on every receipt, invoice, and cash memo provided to consumers."The focus of the meeting was to strengthen food safety and hygiene practices throughout the entire e- ...Read More >
New Delhi: The Supreme Court on Thursday directed the Election Commission of India (ECI) to provide detailed information regarding the Special Intensive Revision (SIR) of electoral rolls in Bihar, amid ongoing legal challenges and political controversy surrounding the exercise. A bench comprising Justices Surya Kant and Joymalya Bagchi resumed hearing pleas challenging the June 24 decision by the ECI to conduct the SIR in the state, and sought clarity on the documents considered during the 2003 intensive electoral roll revision. The court has asked the ECI to disclose the identities of around ...Read More >
Jagdeep S Chhokar, co-founder of the Association for Democratic Reforms (ADR) and a prominent advocate for clean elections, passed away in Delhi at the age of 80. He spearheaded landmark judicial interventions, enhancing transparency and accountability in Indian politics, including mandatory disclosure of candidate information and the striking down of the Electoral Bonds scheme. Jagdeep S Chhokar, co-founder of poll rights body Association for Democratic Reforms and a long-standing advocate for ...Read More >
New Delhi, Jun 6 (PTI) Infrastructure major Larsen & Toubro (L&T) on Friday said it will raise Rs 500 crore through ESG bonds. An ESG bond is a debt security that funds an environmental, social, or governance goal. "Larsen & Toubro (L&T) has announced a Rs 500 crore ESG bond issuance deal, becoming the first Indian corporate to do so under the Securities and Exchange Board of India's (Sebi's) newly introduced ESG and sustainability-linked bond framework," the company said in a statement. HSBC is acting as the sole lead arranger in the transaction, it said. As part of the ESG bond deal, the ...Read More >
NEW DELHI: In a significant move aimed at reducing pension-related legal disputes and ensuring swifter justice for India's growing population of retired government employees, Union Minister Dr. Jitendra Singh on Wednesday, while chairing the first-ever "National Workshop on Pension Litigation" organised by the Department of Pension & Pensioners' Welfare at Vigyan Bhawan here, said that in no case should the vital energies of our elder citizens be allowed to be consumed inconsequentially for avoidable reasons because they may be "retired from government service but not retired from service to t ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. As the cryptocurrency market continues to fluctuate in 2025, many American investors are beginning to rethink their investment strategies. In the past, many people were used to speculating on cryptocurrencies and chasing ups and downs, especially on popular currencies such as XRP and DOGE. But after several rounds of ups and downs, more and more people are beginning to realize that frequent trading brings not only benefits, but also anxiety and uncertainty. Especially after the ...Read More >
New Delhi, July 10, 2025 -- The Committee to Protect Journalists calls for greater transparency and due process in how Indian authorities handle social media restrictions, following reports of the temporary block of multiple international news organizations' X accounts over the weekend. X accused the Indian government of censoring the press. "This incident once again underscores the serious lack of transparency and accountability in how the Indian government issues and enforces orders for the removal of social media content and the blocking of accounts," said Kunāl Majumder, CPJ's India repre ...Read More >
Governance firm InGovern Research has called for investor safeguards, citing market volatility triggered by offshore short-seller reports. This follows Viceroy Research's 9 July report alleging governance issues at Vedanta, which caused an intraday stock plunge of nearly 8 per cent. While acknowledging short-selling as a legitimate, regulated activity that aids market liquidity and price discovery, InGovern emphasised that such reports often serve the financial interests of their authors. "Crit ...Read More >
India's Chief Economic Advisor (CEA), Anantha Nageswaran, has urged regulators not to hinder innovations in the crypto and gaming sector. Speaking at the 2024 Global Economic Policy Forum on Wednesday, Nageswaran stressed the importance of regulatory transparency. He also advocated to strike a balance between fostering innovation and addressing social costs. "In a country with low per-capita income and financial illiteracy, not every innovation needs to be encouraged without any questioning. You have to have a social cost-benefit analysis of innovations such as Crypto and online gaming." He ...Read More >
Lucknow, Jul 4 (PTI) The Uttar Pradesh government to further strengthen grant-aided primary schools to enhance access to quality education for children from marginalised communities, an official statement said on Friday. Under the initiative, primary schools operated through the Social Welfare Department will provide free and quality education to children from economically weaker sections -- especially those belonging to Scheduled Castes, Scheduled Tribes, and families living below the poverty line. Currently, 448 grant-aided primary schools in the state are recognised by the Basic Education ...Read More >
Union Minister Jyotiraditya Scindia has set an ambitious growth target of 20-30% for India Post's various circles in the current fiscal year. He emphasized cultivating a service-oriented culture to enable India Post to compete in logistics and financial services. The goal is to transform India Post into a sustainable profit center while upholding its social responsibility. Union minister Jyotiraditya Scindia has set a growth target of 20-30 per cent for various circles of India Post for the curr ...Read More >
Shillong, Jul 19 (PTI) The Meghalaya government has notified the Real Estate Regulatory Authority to regulate the state's emerging real estate sector and ensure transparency, accountability, and consumer protection, officials said on Saturday. The Authority is being established under the Real Estate (Regulation and Development) Act, 2016. Officials said the authority aims to promote fair practices, protect homebuyers' interests, resolve disputes efficiently, and boost investor confidence by streamlining project approvals and enforcing compliance. RERA Meghalaya oversees the registration of ...Read More >
Flipkart has launched 'Flipkart Black', a premium subscription program offering members benefits across shopping, entertainment, and travel for an annual fee of INR 1499. Key perks include a free one-year YouTube Premium subscription and exclusive member-only deals. The program targets affluent, digitally savvy customers seeking a personalized experience. Flipkart, one of India's leading e-commerce platforms, has rolled out 'Flipkart Black', a premium membership designed to enhance the digital e ...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 >
India is also undergoing a content revolution. In the past five years, short-form video platforms have witnessed a 3.6X surge in daily active users, positioning themselves as serious competitors to mainstream digital entertainment platforms. India's online commerce sector is set to skyrocket from $30 billion in 2020 to $300 billion by 2030, contributing to what is now being dubbed a $1 trillion digital consumer opportunity, according to a new report by Bessemer Venture Partners titled Click, Wat ...Read More >
New Delhi, Jun 27 (PTI) The Delhi government has directed all district magistrates to conduct regular inspections of night shelters across the city, following reports of serious mismanagement, fake staff and unsafe conditions for residents. Urban Development Minister Ashish Sood chaired a high-level meeting at the Delhi Secretariat on Friday to review the functioning of the night shelters operated by the Delhi Urban Shelter Improvement Board (DUSIB). The meeting, attended by senior DUSIB officials and district magistrates through video-conferencing, was convened a day after the minister cond ...Read More >
New Delhi [India], July 11 (ANI): India's Quick Commerce (Q-commerce) market is estimated to have reached around Rs 64,000 crore in FY25, growing at a staggering Compound Annual Growth Rate (CAGR) of 142 per cent during FY22-FY25, said market analytics firm CareEdge in its latest report. According to the report, the Gross Order Value of the quick commerce market will nearly triple from an estimated Rs 64,000 crore in FY25 to around Rs 2 lakh crore by FY28, registering exponential growth. Quick commerce (or q-commerce) is a specialised form of e-commerce that focuses on delivering goods to cu ...Read More >
New Delhi: In a major strategic step, the Noel Tata-led Tata CLiQ has decided to rebrand the brand as Tata CLiQ Fashion. The move is seen as the company's idea to align with its "fashion-forward approach." Tata CLiQ is the e-commerce arm of the Tata Group. The rebranding marks the company's shift from being a horizontal marketplace to a specialized vertical platform focusing on fashion and lifestyle. The Tata CLiQ Fashion has unveiled a complete visual redesign, featuring a fresh logo, revamped packaging, and updated user experiences on both its app and website. According to a Hindu Businessl ...Read More >
PUNE: In a move to empower homebuyers and enhance transparency, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has revised its project registration certificates to include critical details about real estate projects in a concise, reader-friendly format. For the first time, the certificate -- issued at the time of project registration -- includes comprehensive data such as the project's total built-up area, number and names of buildings and wings, approved habitable floors, total residential and non-residential units, commencement certificate status, and number of parking spaces f ...Read More >
New Delhi [India], June 7 (ANI): The Central Consumer Protection Authority (CCPA) has issued advisory to all e-commerce platforms to take necessary steps to ensure that their platforms do not engage in deceptive and unfair trade practice which are in the nature of Dark Patterns. In a release on Saturday, the Ministry of Consumer Affairs, Food & Public Distribution said that all e-commerce platforms have been advised to conduct self-audits to identify dark patterns within 3 months of the issue of the advisory and take necessary steps to ensure that their platforms are free from such dark patte ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent muted demand scenario. Select companies from metals, pharmaceuticals, cement, banking and finance and ...Read More >
Thiruvananthapuram (Kerala) [India], July 9 (ANI): Following the violent protest at Kerala University, a case has been registered against 27 activists of the ruling CPM's Students Federation of India (SFI), including its state secretary P S Sanjeev, who has been named the prime accused, police said. The case also names 1,000 identifiable protesters who have been accused of damaging public property, forcibly entering the university campus, and assaulting police and university staff, police said on Tuesday. Also Read | Nobel Peace Prize 2025: From Mahatma Gandhi to Jawaharlal Nehru, Check Full ...Read More >
Bhubaneswar: The Odisha government on Tuesday chalked out a plan to keep a tab on punctuality, efficiency and honesty of State government employees. A decision in this regard was taken at the all-secretaries meeting chaired by Chief Secretary Manoj Ahuja. "The issues like action taken for not being present in the office on time, early retirement of government officials and employees who are not performing their work properly, institutional strengthening of action taken against corruption, giving priority to the answers received from the Chief Minister and others were discussed at the meeting, ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >