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.
BHUBANESWAR: In a move to reduce financial burden of the poor and low income group people, especially beneficiaries of Pradhan Mantri Awas Yojana (PMAY), the state government on Saturday announced to provide two tractor-loads of sand free of cost for house construction. Informing the decision, Revenue Minister Suresh Pujari told mediapersons that a proposal is also being drafted to ensure supply of sand to people at reasonable rates for house construction. "The government has decided to issue permit to poor and low income group people to get sand free of cost ensuring that affordable housing becomes a reality. This will reduce the construction cost of the poor people especially the PMAY beneficiaries," the minister said. At the same time, sand prices will be regulated to make it affordable for different income groups who depend on local suppliers and dealers, mostly dominated by the sand mafia. "Illegal mining of sand from riverbed by sand mafia and sometime by the Water Resources department for general purpose, and transportation of sand using heavy vehicles like Hyva trucks are the other areas of concern. The government will take a call on the two issues soon," Pujari said.
Mumbai: In a move aimed at curbing illegal sand transportation, Maharashtra's Revenue Minister, ChandraShekhar Bawankule, informed the State Assembly that sand transportation across the state would now be allowed 24 hours a day, 7 days a week. This decision is part of a broader effort to reduce accidents caused by illegal sand mining and improve transparency in sand transportation. Bawankule was replying on the issue raised by Congress MLA Nana Patole in the state assembly "Currently, sand excavation is permitted only from 6 AM to 6 PM. However, sand stored during the day couldn't be transpo ...Read More >
'Weigh-In-Motion' technology to accurately track vehicle overloading soon: Officials To curb illegal mining and transportation, the state government is deploying advanced technologies under the Integrated Mining Surveillance System (IMSS). Mining activities are being monitored through drones, geo-fencing, RFID tags, and AI-powered check gates, officials said in a statement on Thursday. Now, the state is set to introduce 'Weigh-In-Motion' (WIM) technology to accurately track vehicle overloading, ...Read More >
Transport Minister Ponnam Prabhakar on Wednesday chaired a meeting with senior officials of the Transport department so as to intensify enforcement measures aimed at reducing road accidents across Telangana. The new enforcement action plan will entail strict, district-level enforcement with teams and three State-level flying squads that will embark on surprise checks and take action against traffic violators. The strategy, Mr. Prabhakar said, was devised to ensure continuous enforcement. Teams ...Read More >
New Delhi, Sep 24 (PTI) The red brick industry has urged the government to reduce GST rates to 5 per cent and remove the sector from the Special Composition Scheme. Currently, red bricks under the Special Composition Scheme attract 6 per cent GST and 12 per cent with ITC. The threshold for GST levy is Rs 20 lakh turnover. The new two-slab GST (Goods and Services Tax) structure of 5 per cent and 18 per cent has replaced the earlier four-rate duty regime following the GST Council's sweeping reform aimed at boosting consumption across the country. The new rates came into effect on September 22. ...Read More >
HYDERABAD: Alleging land grab, a Hyderabad family on Monday accused Revenue Minister Ponguleti Srinivas Reddy and his son Harsha Reddy of threats and intimidation. Speaking to mediapersons, Satish Shah said his family had lived on the land from 1969 to 2025 without dispute. He alleged that Harsha Reddy first sought two to three acres and later demanded the entire land, and that a survey and panchanama were conducted without their knowledge, later suspended by the High Court. He further alleged that Navin Mittal and Harsha Reddy tried to take possession, with earthmovers from Raghava Construct ...Read More >
BHUBANESWAR: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday. "The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dut ...Read More >
Medak: Telangana State BJP President N. Ramchander Rao on Friday appealed to the people to give the committed party an opportunity to meet the aspirations of the poor and downtrodden. Addressing a large gathering of party workers in Medak, the BJP chief remarked that citizens have experienced the rule of the BRS and the Congress party and have had bitter experiences with the deceitful practices of both. He urged people to support the BJP wholeheartedly in the upcoming local body elections as a way to teach the ruling Congress party a lesson for its unfulfilled promises. Rao emphasized that t ...Read More >
New Delhi, Sep 24 (PTI) The red brick industry has urged the government to reduce GST rates to 5 per cent and remove the sector from the Special Composition Scheme. Currently, red bricks under the Special Composition Scheme attract 6 per cent GST and 12 per cent with ITC. The threshold for GST levy is Rs 20 lakh turnover. The new two-slab GST (Goods and Services Tax) structure of 5 per cent and 18 per cent has replaced the earlier four-rate duty regime following the GST Council's sweeping reform aimed at boosting consumption across the country. The new rates came into effect on September 22. ...Read More >
CHENNAI: Backed by political influence and financial muscle, the gangs illegally mining sand and minerals were functioning like a mafia, observed the Madras High Court. While hearing cases related to illegal sand and mineral mining, a division bench comprising Justices SM Subramaniam and C Kumarappan said preventing sand and mineral theft was the responsibility of the district Collectors concerned and directed that Collectors should take action against Revenue Department officials who fail to report such offences. The judges also directed that police protection should be provided to social a ...Read More >
Gondia (Maharashtra), Apr 3 (PTI) Villagers staged a road blockade and demanded action against vehicles carrying illegally excavated sand after a woman was run over by a truck and lost her life in Gondia district, police said. Rameshwari Dhanlal Nagpure (40), resident of Katangikala, was riding pillion with her daughter to attend a funeral at Arambha village in neighbouring Madhya Pradesh when a recklessly driven tipper truck carrying sand hit their scooter on Friday morning, said an official. Nagpure fell down and came under the truck's tyre while her daughter, who fell on the other side, a ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >
Bhubaneswar, Jul 2 (PTI) With official work across Odisha paralysed for two days because of a 'cease work' by Odisha Administrative Service (OAS) and Odisha Revenue Service (ORS) officers, the state government on Wednesday appealed to the agitating officers to resume duty. State government officials launched the protest on Tuesday, a day after Bhubaneswar Municipal Corporation (BMC) Additional Commissioner Ratnakar Sahoo was allegedly dragged out of his office and assaulted by a group of miscreants. According to police, five people have been arrested so far in connection with the incident. ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in a civil dispute between the parties by filing a first information report and seeking the help of the ...Read More >
HASSAN: Eight people died and 25 suffered grievous injuries when a speeding truck ploughed through a Ganesh immersion procession in Mosalehosahalli in Karnataka's Hassan district on Friday. The death toll was likely to rise as several of those injured were critical, officials said.Villagers from Mosalehosahalli were holding the procession on one side of the four-laned NH-373. Police had blocked the road while diverting traffic on the other lane. The truck, which had been moving towards Holenarasi ...Read More >
Mumbai, Oct 28 (PTI) The Maharashtra government has finalised a policy promoting the use of artificial sand for construction activities and issued an official order to this effect, Revenue Minister Chandrashekhar Bawankule said on Tuesday. In a letter to all district collectors, Bawankule directed the immediate implementation of the policy. The government has delegated powers to approve the artificial sand, or M-Sand (manufactured sand), units to district collectors, who can now sanction up to 100 such units, an increase from the earlier cap of 50. As per the new resolution issued by the re ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Monday urged the opposition to engage in a direct and constructive discussion on paddy procurement in the assembly, accusing it of deliberately holding up debate despite repeated requests from the treasury bench. His remarks came even as BJD announced a protest in the city on Tuesday over the issue and stalled assembly proceedings for five consecutive days.Addressing a news conference, Pujari said procurement during the current kharif season was broa ...Read More >
Maharashtra will use special camera drones (LiDAR drones) to check mining and make more money. Following the government conncern over losing money because companies dig up more soil and stone than they report. These drones will accurately measure what's being dug Maharashtra Minister Chandrashekhar Bawankule announced on Saturday that the state government intends to utilise advanced LiDAR-based drone technology to monitor mining activities and boost revenue. This initiative will commence with a pilot project in the Pune district, reported news agency PTI. The state revenue minister highlight ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
Kochi: The High Court has directed the Kerala state government to convince the central government that the state deserves more assistance for the Wayanad landslide disaster. The division bench also expressed its readiness to mediate between the central and state governments in this regard. According to the latest figures, the state disaster relief fund holds around Rs 700 crore, but only Rs 61 crore is available for expenditure, as reported by the amicus curiae. Kerala: Court orders inclusion of abetment charges against police officers in Dalit youth suicide case The Kerala state government ...Read More >
Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastrinagar. Dr Lad said he's seen at least three children admitted for dengue this week, with all of the ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in Srinagar, and two in Budgam district -- (KNO) ...Read More >
Dehradun (Uttarakhand) [India], August 2 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami laid the foundation stone of Gramya Vikas Bhawan to be built at a cost of Rs 58.32 crore here. He also planted saplings on the campus. The Chief Minister said that this building will prove to be important in the field of rural development. Also Read | Andhra Pradesh Government Bans Display of Political Symbols in Schools. Dhami said that the state government is promoting local livelihood through the One District, Two Products Scheme and is getting its traditional products recognised at the nationa ...Read More >
Bhubaneswar: Chief Minister Mohan Majhi on Friday enumerated himself digitally at his official residence in Bhubaneswar in presence of Odisha Census Operations director Nikhil Pawan Kalyan. Majhi also issued an appeal to the people of the state to join the national exercise, highlighting its importance for future planning and development. "The census programme has commenced in Odisha through a collaborative effort between the Directorate of Census Operations under the Ministry of Home Affairs and the Revenue and Disaster Management Department of the state government. The first phase of the Ce ...Read More >
Dehradun, April 5 (SocialNews.XYZ) Uttarakhand has recorded a landmark surge in mining revenue, crossing the Rs 1,200 crore-mark for the first time, as the state government under Chief Minister Pushkar Singh Dhami attributes the growth to a mix of transparency, technological innovation and strict enforcement against illegal activities. According to official data, the state's mining department generated Rs 1,217 crore in the financial year 2025-26, significantly surpassing the target of Rs 950 crore. The revenue includes Rs 1,130 crore deposited in the state treasury, Rs 80 crore contributed ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict be ...Read More >
Pathankot, Sep 12 (SocialNews.XYZ) In the wake of unprecedented floods that wreaked havoc across Punjab, Prime Minister Narendra Modi has assured farmers of the border village Thinda that they will be compensated for every grain lost to the disaster. Visiting the worst-affected areas, PM Modi interacted with locals and village representatives, offering both solace and substantial support. In Thinda, floodwaters reached alarming levels, inundating homes up to 4 to 5 feet. Fields once brimming with wheat and paddy are now buried under layers of silt and sand, leaving behind a trail of destructi ...Read More >
Gurgaon: As the Union Budget 2025-26 approaches, affordable housing remains a critical expectation for the real estate sector. Once a flourishing segment, affordable housing -- homes priced under Rs 40 lakh -- faced a sharp downturn in recent years. According to industry data, the share of affordable housing in total sales dropped to 18% in 2024 from 38% in 2019. Similarly, its share in the total housing supply across the top seven cities declined from nearly 40% in 2019 to just 16% in 2024. This steep fall highlights the urgent need for interventions to revive the segment, which struggled ...Read More >
Mumbai: The Maharashtra government has decided to curb illegal sand mining through drone-based surveys. Maharashtra revenue minister Chandrashekhar Bawankule said drones will be deployed to survey minor mineral mining zones in the state as part of the government's efforts to stop illegal sand mining and quarrying. The objective is to complete a comprehensive mapping of all mining areas within the next three months, which will not only curb illegal excavation of resources like stone, gravel, and sand but also accelerate the development of eco-friendly initiatives such as artificial sand manufa ...Read More >
Mumbai: An article by Congress leader Rahul Gandhi terming the 2024 state assembly polls as 'match-fixing' stirred a political controversy in Maharashtra. Statement Of Maharashtra CM Devendra Fadnavis Chief Minister Devendra Fadnavis said the Congress leader was insulting the voters and Ladki Bahins of Maharashtra. He said, "Rahul Gandhi has accepted his defeat in Bihar. As long as Rahul Gandhi keeps giving himself false assurances, his party can never win". Revenue Minister Chandrashekhar Bawankule's Statement Revenue Minister Chandrashekhar Bawankule criticised Gandhi, saying his party w ...Read More >