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.
Saharsa, Jun 26 (PTI) A portion of a culvert collapsed in Bihar's Saharsa district, officials said on Thursday. There was no report of any casualty in the incident, they said. Also Read | 'Dreamer and Disciplined': School Teachers Recall Fond Memories of Shubhanshu Shukla As Astronaut Becomes First Indian To Enter International Space Station (Watch Videos). Talking to PTI, Saharsa DM Deepesh Kumar said, "The incident took place on Wednesday evening when a portion of a culvert collapsed in Patarghat block. According to locals, a pillar of the culvert, which is very old, caved in when an overloaded tractor passed over it. The exact cause of the incident is not known. This culvert was constructed by the Rural Works Department of the state government." Senior officials of the district administration have reached the spot and a detailed report is awaited, said the DM. Also Read | What Are the New Metro Compensation Rules in India? Ministry of Housing and Urban Affairs Enhances Payouts for Death and Severe Injuries; Check Details. Bihar witnessed collapse of a dozen bridges, including big and small, in different districts of the state in 2024. (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrates advanced systems from leading Indian defence firms, including Bharat Electronics Limited (BEL), L& ...Read More >
Chennai, June 8 (UNI) Setting the timeline for landing of four crew members on board the Axiom Mission 4 at the International Space Station (ISS), NASA said the crew would dock after a flight journey of 28 hrs. NASA, Axiom Space, and SpaceX mission will take off at 8:22 a.m. EDT, Tuesday, June 10, as part of the fourth private astronaut mission to the ISS Axiom Mission 4. The mission will lift off from Launch Complex 39A at NASA's Kennedy Space Center in Florida. The crew, including those from India, US, Poland and Hungary, will travel to the orbiting laboratory on a new SpaceX Dragon space ...Read More >
New Delhi [India], June 8 (ANI): In a major crackdown, the Anti-Narcotics Task Force (ANTF) of the Delhi Police has busted an interstate drug syndicate and seized 348.176 kilograms of Ganja, officials said. According to Apoorva Gupta, Deputy Commissioner of Police, ANTF, Crime Branch, Delhi, the seized contraband is valued at approximately Rs 1.75 crore in the international market. The drug was being smuggled from Andhra Pradesh to the Delhi-NCR region, concealed beneath a consignment of watermelons in a truck. Two individuals, identified as Intezar Malik and Rizwan, have been arrested in c ...Read More >
Astronauts aboard the International Space Station (ISS) faced a potential hazard when an unusual odor was detected after opening the hatch of the Progress MS-29 cargo spacecraft. The crew quickly sealed off the affected area, initiated air-scrubbing systems, and wore personal protective equipment (PPE) to ensure safety. NASA confirmed that air quality aboard the ISS returned to normal, and no risks remained for the crew. Investigations are underway to determine the source of the smell. The spacecraft will remain docked for six months, with the two astronauts, Sunita Williams and Butch Wilmore, ...Read More >
A statement issued by the Bijapur police said the incident took place in Somnapalli village under Farsegarh Police Station area of the district. According to the statement, the Maoists dragged 35-year-old Kudiyaam Mado out of his house and strangled him to death. Mado was the district vice president of Bharatiya Janata Kisan Morcha -the farmers' unit of the BJP. Police said that they have also recovered a pamphlet issued by the banned CPI (Maoist)'s Bijapur National Park Area Committee, in whic ...Read More >
Bengaluru, Dec 12 (PTI) Rains lashed Bengaluru and parts of the south interior and coastal districts of Karnataka, causing traffic congestion on Thursday, officials said. For the next 24 hours, Bengaluru city and neighbourhood areas are likely to witness a generally cloudy sky with moderate rain likely in some areas, they said. In a statement, the India Meteorological Department (IMD) attributed the weather to a well marked low pressure area over Gulf of Mannar and neighbourhood with the associated upper air cyclonic circulation extending up to midtropospheric levels persists. The system is ...Read More >
Kanpur, January 27: Due to the massive influx of devotees for the Maha Kumbh Mela 2025, Varanasi's District Magistrate in Uttar Pradesh has announced that all schools in the district will be closed from Monday, January 27, 2025, to Wednesday, February 5, 2025. The decision is aimed at ensuring the safety of students and managing traffic congestion caused by the large number of pilgrims arriving in Varanasi for the Maha Kumbh Mela 2025. Despite the school closures, online classes will continue as usual to maintain the academic schedule, News18 reported. This directive applies to all CBSE, ICSE ...Read More >
Thiruvananthapuram/Chennai, Jun 6 (PTI) Malayalam actor Shine Tom Chacko's father died in a road accident near Dharmapuri in Tamil Nadu on Friday morning when the family was travelling to Bengaluru, police said. According to a senior police officer in Dharmapuri, the actor suffered a fracture to his left arm, while his brother and mother, who were also in the vehicle, and the driver of the car suffered minor injuries. The incident occurred early in the morning on the national highway from Salem to Bengaluru when the vehicle Chacko's family was travelling in tried to overtake a lorry in front ...Read More >
Bijapur, Jun 7 (PTI) Five Naxalites were killed in two encounters with security forces in an ongoing operation in the Indravati National Park area of Chhattisgarh's Bijapur district, police said on Saturday. With the latest casualties, seven Naxalites, including top leaders Sudhakar and Bhaskar, were neutralised in the operation in the last three days, they said. "Security forces have recovered the bodies of seven Maoists during the ongoing anti-Naxal operations in the Indravati National Park area of the district," a senior police official said. On Saturday, two bodies were recovered follow ...Read More >
Raipur, Jun 7 (PTI) Chhattisgarh Chief Minister Vishnu Deo Sai said on Saturday that he discussed two proposed irrigation projects in the state with Prime Minister Narendra Modi during his visit to Delhi and sought the Centre's nod for them. Sai, who returned to Raipur in the morning, said the PM assured that he would consider the two projects - Bodhghat and Indravati-Mahanadi interlinking work. Crucial for the development of the Bastar region, where Naxalites are retreating, they have been proposed for implementation as national projects, he said. "I met PM Modi ji in Delhi on Friday and sh ...Read More >
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 >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
Gangtok, Jun 8 (PTI) The Sikkim government on Sunday evacuated 28 people, including three minors, stranded in Chaten in the northern part of the Himalayan state, where road connectivity has been snapped due to multiple landslides triggered by heavy rain, officials said. Responding to distress calls from a few locals, some taxi drivers and government officials stationed in Chaten, seeking evacuation, the administration hired a helicopter to rescue them. "The state government arranged a helicopter and successfully evacuated 28 people, including three minors," one of the officials said. All ev ...Read More >
Russian cosmonauts on the International Space Station (ISS) briefly sealed off a section of the station after noticing an unusual odor coming from the uncrewed Progress 90 spacecraft. NASA confirmed the odor was likely caused by "outgassing" from materials inside the spacecraft, a common occurrence when objects leave Earth's atmosphere. Despite initial concerns, there were no safety issues, and the crew continued their tasks. NASA's air scrubbing equipment cleared the air, ensuring normal conditions aboard the ISS. The Progress spacecraft had delivered nearly three tons of supplies, and the in ...Read More >
Muzaffarnagar (UP), Dec 6 (PTI) A teacher who asked other students to slap a Muslim boy in a school here surrendered at a POCSO court and was released on bail, an official said on Friday. Tripta Tyagi was caught last year in a video asking children to slap a boy in a school where she taught. Additional District Judge (POCSO) Alka Bharti on Thursday granted her bail and ordered her to furnish two sureties of Rs 25,000 each. She posted the matter for further hearing on Friday. Kapil Ahlawat, Tyagi's lawyer, told PTI that Tyagi had surrendered in the Special POCSO court on Thursday and sought ...Read More >
Bhubaneswar, Jan 22 (PTI) The police have intensified security to thwart the possible efforts of the Maoists to enter Odisha following an operation that left 14 red rebels dead in neighbouring Chhattisgarh, an official said on Wednesday. The police remained alert in the districts bordering Chhattisgarh as combing operations were underway in Chhattisgarh. "We have put the police and central forces deployed in different districts to remain alert and prevent possible infiltration of Maoists from the neighbouring state," Odisha DGP Y B Khurania said after holding a review meeting. Khurania along ...Read More >
Guwahati/Morigaon, Jun 6 (PTI) The flood situation in Assam continued to be critical with over 5.6 lakh people reeling under the deluge in 16 districts, an official bulletin said on Friday. The toll in this year's floods and landslides stands at 21, with two more deaths reported on Thursday. Also Read | Thane Shocker: Wife Booked for Hurling Hot Oil on Autorickshaw Driver During Fight Over Domestic Issues in Kalyan. Wildlife has also been affected with nearly 70 per cent of the Pobitora Wildlife Sanctuary in Morigaon district facing inundation, an official said. The Regional Meteorological ...Read More >
New Delhi, Jun 7 (PTI) Indian astronaut Shubhanshu Shukla and three others are set to embark on the Axiom Space's fourth human spaceflight from NASA's Kennedy Space Centre in Florida on June 10 and are likely to dock at the International Space Station on June 11 at about 10 PM IST, after a nearly 28-hour journey. Shukla, the mission pilot of the Axiom-4 (Ax4) commercial mission to the ISS, will be accompanied by mission commander Peggy Whitson and specialists Tibor Kapu from Hungary and Slawosz Uznanski-Wisniewski from Poland. Also Read | JP Nadda Slams Rahul Gandhi's 'Match-Fixing' Claims A ...Read More >
New Delhi [India], June 8 (ANI): In a major crackdown, the Anti-Narcotics Task Force (ANTF) of the Delhi Police has busted an interstate drug syndicate and seized 348.176 kilograms of Ganja, officials said. According to Apoorva Gupta, Deputy Commissioner of Police, ANTF, Crime Branch, Delhi, the seized contraband is valued at approximately Rs 1.75 crore in the international market. The drug was being smuggled from Andhra Pradesh to the Delhi-NCR region, concealed beneath a consignment of watermelons in a truck. Two individuals, identified as Intezar Malik and Rizwan, have been arrested in c ...Read More >
New Delhi, Jun 8 (PTI) A Kerala businessman, who recently levelled corruption charges against an ED officer posted in the state, has recorded his statement with the central agency where he is understood to have denied knowing or having any evidence against the said investigator, official sources said Sunday. The businessman, Aneesh Babu, deposed before the Enforcement Directorate in Delhi on June 6 and his statement was recorded under audio-visual camera by the agency as per the provisions of section 50 of the Prevention of Money Laundering Act (PMLA). Such a statement made under the anti-mo ...Read More >
Mangaluru, (Karnataka) Feb 5 (PTI) District in-charge Minister of Dakshina Kannada, Dinesh Gundu Rao, directed officials on Wednesday to install CCTV cameras on both sides of bridges along major highways and main roads to prevent 'illegal' activities. During an inspection of the strengthening work on the Addur Bridge along the Perali-Addur State Highway, Rao highlighted reports of sand mining near bridges weakening their structures. Also Read | Delhi Assembly Elections 2025: National Capital Records 57.89% Voter Turnout; Exit Polls Give BJP Edge Over AAP. He said that although extracting sa ...Read More >
Mumbai, Jun 5 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Thursday inaugurated the final 76-km-long stretch of the Samruddhi Mahamarg, making the entire 701-km Mumbai-Nagpur corridor fully functional and bringing down the travel time between the two cities to 8 hours from around 18 hours. Fadnavis described the Mumbai-Nagpur Samruddhi Mahamarg as an "engineering marvel" and said this "economic corridor" would play a vital role in the state's development. Fadnavis said by connecting the expressway with the proposed Vadhvan port, they are planning to develop it as an "economic corrid ...Read More >
New Delhi, Jun 7 (PTI) Indian astronaut Shubhanshu Shukla and three others are set to embark on the Axiom Space's fourth human spaceflight from NASA's Kennedy Space Centre in Florida on June 10 and are likely to dock at the International Space Station on June 11 at about 10 PM IST, after a nearly 28-hour journey. Shukla, the mission pilot of the Axiom-4 (Ax4) commercial mission to the ISS, will be accompanied by mission commander Peggy Whitson and specialists Tibor Kapu from Hungary and Slawosz Uznanski-Wisniewski from Poland. The Axiom-4 mission will mark India's return to space 41 years af ...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 >
Imphal (Manipur) [India], June 8 (ANI): The Manipur government has ordered the suspension internet and mobile data services including VSAT and VPN services in five districts for five days with effect from 11:45 P.M. of June 7. The five districts are Imphal West, Imphal East, Thoubal, Kakching & Bishnupur. "In view of the prevailing law and order situation in the State of Manipur especially in Imphal West, Imphal East, Thoubal, Kakching & Bishnupur districts districts of Manipur, there is apprehension that some anti-social elements might use social media extensively for transmission serious of ...Read More >
Imphal (Manipur) [India], June 8 (ANI): The district magistrates of Imphal West, Imphal East, Thoubal, Kakching, and Bishnupur districts have issued prohibitory orders on Sunday. Citizens have been requested to cooperate with the orders, which include restrictions on gatherings. The assembly of four or more persons has been restricted in Imphal West, Imphal East, Thoubal, and Kakching districts. The orders have been issued in view of prevailing law and order situation. Also Read | Indian Citizen Dies in UAE: Civil Engineer Issac Paul Olakkengil From Kerala Dies During Scuba Diving Session at ...Read More >
Bengaluru, Dec 3 (PTI) The Karnataka government on Tuesday requested the Drugs Controller General of India (DCGI) to investigate and take necessary action against a West Bengal-based manufacturer, amid concerns that recent maternal deaths in Ballari district, could be linked to substandard Ringer Lactate solution supplied by the company. In a letter, Karnataka Health Principal Secretary Harsh Gupta, drew the attention of the DCGI to the supply of several batches of "Compound Sodium Lactate I P (Ringer's Lactate I P)" by the West Bengal-based pharmaceutical company Paschim Banga Pharmaceutical ...Read More >
Following violence in Sambhal on November 24 related to a mosque survey, authorities plan to publicly display posters of over 400 identified individuals involved. 32 have been arrested so far. The posters will exclude those arrested. The government aims to hold those responsible for property damage accountable. Four people were killed, and many injured during the clash.The Sambhal administration on Thursday said it will put up posters of those involved in the November 24 violence. "We will put up ...Read More >
Kolkata: On the 13th day of teachers' protest outside Bikash Bhavan, the protesting teachers split among themselves and formed a new platform. At least 2,500 protesters stood by the chief minister, as stated in a press conference by education minister Bratya Basu on Monday. Reacting to a question from media, Basu said in Titagarh, "I will trust those who have written to me expressing their faith in the chief minister."The new organisation formed was named the West Bengal Untainted Teachers Associ ...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 >