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: A 90-day nationwide mediation campaign to resolve pending disputes across courts -- from district courts to high courts -- will begin on July 1, the Supreme Court's mediation and conciliation project committee (MCPC) and the national legal services authority (NALSA) announced on Thursday. The campaign, Mediation for the Nation, will be organised under the guidance of Chief Justice of India (CJI) Bhushan R. Gavai, patron of NALSA, along with NALSA executive chairman and senior Supreme Court judge, Justice Surya Kant. A release issued by the Supreme Court said that the pan-India campaign is being organised with the objectives "to settle suitable matters pending in the courts right from the taluka courts to the high courts of India and taking mediation to every nook and corner of the country as people's friendly mode of dispute resolution." "The Mediation for the Nation campaign is being launched across India to settle the pending cases and make people believe that mediation as a mechanism for dispute resolution is peoples' friendly, cost-effective and speedy with ability to save relationships, time and money," the statement read. Also Read: SC launches online mediation training portal to boost alternative dispute resolution The campaign, which will conclude on September 30, will deal with cases involving pending matrimonial disputes, accident claims, domestic violence, cheque bounce offences, commercial disputes, service matters, criminal compoundable cases, consumer disputes, debt recovery, property partition, eviction cases, land acquisition matters, and other suitable civil cases. "The process of case identification, information to parties and referral to mediators will commence from July 1 and will continue till July 30. These matters will be transmitted to the concerned court and the total settled matters will be compiled by October 6 and sent to the MCPC," the statement added. The campaign will have sittings on all seven days of the week, with provision for hearings in offline, online, or hybrid mode. The taluka and district legal services authorities have been asked to facilitate online mediation.
New Delhi:The Supreme Court on Tuesday expressed strong disapproval over the repeated doubts raised by political leaders regarding the credibility of Electronic Voting Machines (EVMs). The court criticised the tendency of some political figures to question the integrity of the EVM system when they lose elections, while conveniently accepting its legitimacy when they win. The bench, led by Chief Justice of India (CJI) D.Y. Chandrachud, pointed out the inconsistency in the stance taken by several leaders. "When they win, there is no issue with EVMs, but when they lose, questions are raised abou ...Read More >
Story so far: India celebrated its 75th year of adoption of its Constitution on Tuesday (November 26, 2024) with President Droupadi Murmu addressing a joint session of parliament. While the Constitution of India hits its diamond jubilee this year, event commemorating is as 'Constitution Day' was started only in 2015. Prior to this, it was called 'National Law Day' -- first initiated by former Supreme Court Bar Association (SCBA) president Laxmi Mall Singhvi in 1979. "The Indian Constitution is a live, progressive document," said Ms. Murmu adding, "I urge all citizens to imbibe the constitutio ...Read More >
New Delhi, Dec 4 (PTI) "On the face of it you are a corrupt person. Crores of rupees were recovered from your premises," the Supreme Court on Wednesday told former West Bengal minister Partha Chatterjee, held in an alleged cash-for-job scam in the state. A bench of Justices Surya Kant and Ujjal Bhuyan, which reserved its verdict on the bail plea of Chatterjee, questioned the enforcement directorate (ED) over his continued incarceration saying he cannot be kept inside for an indefinite period. "On the face of it you are a corrupt person. Crores of Rupees were recovered from your premises. Wha ...Read More >
New Delhi: The Supreme Court on Tuesday said the Karnataka government and the Centre should resolve the issue in connection with the release of financial assistance from the National Disaster Response Fund (NDRF) to the state for drought management. The matter came up before a bench comprising justices B R Gavai and K V Viswanathan. Attorney General R Venkataramani, appearing for the Centre, requested the bench that he needed some time to file an affidavit in the matter. "You should resolve it," the bench said. During the hearing, the bench queried, how much amount has been released so far? ...Read More >
New Delhi [India], December 18 (ANI): The Supreme Court on Wednesday asked Punjab authorities to promptly tackle the health situation of farmers' leader Jagjit Singh Dallewal who is on fast unto death for over 20 days and to take "extraordinary steps" to ensure his health. A bench of Justices Surya Kant and Ujjal Bhuyan cautioned Punjab authorities on the repercussions if anything untoward happens to the farmer's leader. Also Read | 'Mukadma, Mulzim, Ilzam, Ittila, Chashmdeed': BJP Government in Rajasthan To Replace Urdu Terms in Policing With Hindi Words. "The entire state machinery will b ...Read More >
Mumbai, Jan 27 (PTI) The Bombay High Court on Monday suggested Abhishek Lodha and his brother Abhinandan Lodha to try and amicably resolve the issue over the use of 'Lodha' trademark. The Abhishek Lodha-promoted Macrotech Developers Ltd earlier this month filed a suit in the HC against Abhinandan Lodha's real estate firm, House of Abhinandan Lodha, claiming the name 'Lodha' was their trademark and no one else could use it. The suit sought Rs 5,000 crore as damages from Abhinandan Lodha's company. In an interim application, Macrotech Developers sought a perpetual injunction against the defen ...Read More >
New Delhi [India], February 7 (ANI): The Delhi High Court on Friday reserved the order on an application moved by Baramulla MP Engineer Rashid seeking custody parole to attend ongoing parliament session amidst jurisdictional row. However, the National Investigation Agency (NIA), while opposing the custody parole, stated that Rashid Engineer does not need to respond to any questions. They emphasized that this request is generic and pointed out that Engineer has no speech to deliver. Senior Advocate Sidharth Luthra appeared for NIA also argued that taking an oath and campaigning are separate m ...Read More >
New Delhi [India], February 10 (ANI): The Supreme Court (SC) on Monday said that appeals challenging the acquittals of accused persons in the 1984 anti-Sikh riots cases need to be filed seriously by prosecution agencies and not just for the sake of it. A bench of justices, Abhay S Oka and Ujjal Bhuyan, was informed by Additional Solicitor General (ASG) Aishwarya Bhati, who represented the Delhi Police, that the state has asked prosecuting agencies to file Special Leave Petitions (SLPs). Also Read | UP Shocker: Woman Strangulates 2 Daughters, Attempts to Kill Self After Domestic Dispute With ...Read More >
New Delhi, Dec 12 (VOICE) The Supreme Court on Thursday ordered that no fresh suits would be registered under the Places of Worship Act in the country, and in the pending cases, no final or effective orders would be passed till further orders of the Apex Court. A Special Bench headed by CJI Sajiv Khanna asked the Union government to file within four weeks its reply to the clutch of petitions challenging the validity of the 1991 Act, which prohibits the filing of a lawsuit to reclaim a place of worship or seek a change in its character from what prevailed on August 15, 1947. The Bench, also c ...Read More >
New Delhi: Observing that "criminalisation of politics is a very major issue", the Supreme Court on Monday asked the Centre and Election Commission of India (ECI) to respond to a PIL challenging election of convicted persons as MPs/MLAs. The development took place during the resumed hearing of a plea filed by advocate Ashwini Upadhyay, seeking lifelong disqualification of MPs and MLAs convicted of criminal offences. The PIL has challenged provisions of the Representation of the People Act (RPA) that bar convicted politicians from contesting polls for six years after serving jail terms. A be ...Read More >
KOLKATA: The Calcutta high court on Friday directed protesting teachers and other staff of West Bengal government-run and -aided schools, who lost their jobs due to a Supreme Court ruling, to shift their protest venue in the interest of public convenience.The court also limited the number of participants to 200 at any given time.Hearing petitions filed by the Deserving Teachers Rights Forum, under whose banner the protest is being organised, and the state government, Justice Tirthankar Ghosh ordered the protesters to move to Central Park in Salt Lake, located opposite Bikash Bhavan, the state' ...Read More >
New Delhi, Nov 26: The Supreme Court on Tuesday dismissed a public interest litigation (PIL) seeking directions to the Election Commission of India (ECI) to introduce ballot paper in place of EVMs (Electronic Voting Machines). A bench of Justices Vikram Nath and P.B. Varale rejected the prayer to return to the ballot system due to the alleged manipulability of EVMs. "When you lose, EVMs are tampered with; when you win, EVMs are fine," remarked the apex court, when the petitioner referred to the statements made by Andhra Pradesh Chief Minister Chandrababu Naidu and his predecessor Jagan Mohan ...Read More >
The Supreme Court overturned a Madras High Court decision. The high court had refused to dismiss defamation charges against Union minister L Murugan. Murugan faced these charges over statements made in 2020. The Supreme Court accepted Murugan's argument. He said he did not intend to defame the Murasoli Trust. The case is now closed.The Supreme Court on Thursday quashed criminal defamation proceedings against Union minister L Murugan on a complaint filed by the Chennai-based Murasoli Trust for his ...Read More >
The Supreme Court halted new temple-mosque legal battles. The court will review the 1991 law impacting religious site status. This law froze the status of religious sites as of August 15, 1947. Several cases, including Gyanvapi and Shahi Idgah, challenge this law. The law's validity is being questioned. The court's decision impacts ongoing and future disputes.In its ruling on the keenly-watched Place of Worship Act case, the Supreme Court said on December 12 that no new Mandir-Masjid suits are to ...Read More >
New Delhi: In a significant ruling, the Supreme Court has directed that no new lawsuits related to places of worship (temples, mosques, or shrines) can be filed until further notice. This decision was made during the ongoing hearing of petitions challenging the Places of Worship (Special Provisions) Act, 1991. The ruling prohibits the lower courts from issuing any survey orders or interim orders that might alter the status or nature of any religious site. The bench, comprising Chief Justice Sanjiv Khanna, Justice Sanjay Kumar, and Justice K.V. Vishwanathan, issued this order while hearing sev ...Read More >
UP: Karnataka Police have arrested the mother-in-law and brother-in-law of late Atul Subhash, who committed suicide on December 9 over alleged demand by his wife's family for Rs 3 crore as settlement. The sensational case has triggered debate over harassment of married men and misuse of dowry provisions in the country. Atul Subhash ended his life on Monday leaving behind a 40-page death note and 90-minute video explaining how he was allegedly tortured by his wife. Atul's In-Laws Arrested On Thursday Night The Karnataka Police arrested Nisha Singhania, Atul's mother-in-law and brother-in-law ...Read More >
New Delhi: The Supreme Court on Tuesday expressed strong disapproval over the repeated doubts raised by political leaders regarding the credibility of Electronic Voting Machines (EVMs). The court criticised the tendency of some political figures to question the integrity of the EVM system when they lose elections, while conveniently accepting its legitimacy when they win. The bench, led by Chief Justice of India (CJI) D.Y. Chandrachud, pointed out the inconsistency in the stance taken by several leaders. "When they win, there is no issue with EVMs, but when they lose, questions are raised abo ...Read More >
The Supreme Court on Monday (December 2, 2024) refused to relax emergency measures under Stage 4 of the Graded Response Action Plan (GRAP) dealing with air pollution in the national capital till it noticed a downward trend in the AQI level. A Bench of Justices Abhay S Oka and Augustine George Masih further sought the presence of the chief secretaries of NCR states to appear through video-conferencing to inform it whether or not any compensation was paid to the construction workers who were without work owing to the restrictions. Delhi air pollution: Air quality in Capital plunges to 'very po ...Read More >
New Delhi [India], February 3 (ANI): The Supreme Court on Monday sought the Central Forensic Science Laboratory (CFSL) report on the examination of certain leaked audio tapes which allegedly implicate Manipur Chief Minister N Biren Singh for instigating ethnic violence in the state. A bench of Chief Justice of India Sanjiv Khanna and Justice Sanjay Kumar said the CFSL report should be submitted in six weeks in a sealed cover. Also Read | Bengaluru Water Crisis: Residents Brace for Harsh Summer As Groundwater Levels Drop Dangerously Low. The bench then posted the hearing in the week commenci ...Read More >
New Delhi: The Supreme Court on Monday sought a response from the Election Commission (EC) on a PIL challenging its decision to increase the maximum number of voters per polling station from 1,200 to 1,500, saying it is "concerned".A bench comprising Chief Justice of India (CJI) Sanjiv Khanna and Justice Sanjay Kumar asked senior advocate Maninder Singh, appearing for the poll panel, to file a short affidavit explaining the rationale behind the decision. ...Read More >
Kuldeep Singh Sengar is also serving a 10-year jail term in connection with the custodial death of the Unnao rape victim's father. Kuldeep Singh Sengar sought interim bail on the grounds that he was suffering from various ailments The Delhi High Court on Thursday granted a two-week interim bail on medical grounds to expelled BJP leader Kuldeep Singh Sengar who is serving life term for raping a minor in Uttar Pradesh's Unnao in 2017. A bench headed by Justice Prathiba M Singh suspended the sent ...Read More >
The Supreme Court on Friday granted bail to eight convicts in the infamous 1987 Hashimpura massacre case of 38 persons by the personnel of the Provincial Armed Constabulary. IMAGE: File photograph of Muslims in Meerut staging a protest demanding justice in the 1987 Hashimpura massacre case. Photograph: PTI Photo/Rediff archives A bench comprising Justices Abhay S Oka and Augustine George Masih took note of the submissions of senior advocate Amit Anand Tiwari, appearing for four convicts, that t ...Read More >
Mumbai (Maharashtra) [India], December 11 (ANI): The case of Bengaluru Techie Atul Subhash who died by suicide citing alleged harassment by his estranged wife has opened up a debate on misuse of ant--dowry lawy. Mumbai-based lawyer Abha Singh described the case as a 'gross misuse of law,' stating that false charges and harassment led to the death of the victim, suffering from harassment from his wife and in-laws. Lawyer Abha Singh also emphasized that the misuse of dowry laws could ultimately deny justice to those who genuinely need protection. Also Read | Atul Subhash Suicide Case: 4 People ...Read More >
New Delhi: In an important direction, the Supreme Court on Thursday restrained all the courts in the country from entertaining and passing any effective interim or final orders on any lawsuits seeking relief including a survey of religious places under the 1991 law. The direction of a bench comprising Chief Justice Sanjiv Khanna and Justices Sanjay Kumar and K V Viswanathan came on a batch of pleas and cross pleas relating to the Places of Worship (Special Provisions) Act, 1991. ...Read More >
New Delhi, Dec 13 (PTI) The Supreme Court on Friday granted conditional future bail to former West Bengal minister Partha Chatterjee in a money laundering case related to the cash-for-job scam. A bench of Justices Surya Kant and Ujjal Bhuyan said that Chatterjee shall be released on February 1, 2025 subject to the trial court framing charges before the winter vacation and examination of vulnerable witnesses by the second and third week of January 2025. The top court said upon his release Chatterjee shall not hold any public office but can continue as MLA. The bench said that a suspect canno ...Read More >
Punjab farmer leader Jagjit Singh Dallewal's hunger strike enters its 17th day. His health is critical. The Supreme Court urges dialogue between the government and Dallewal. Dallewal demands MSP guarantee and other farmer-centric issues. He has written an open letter to the Prime Minister. Farmers' organizations continue their protests at the Punjab-Haryana border.The Supreme Court on Friday expressed serious concern over the deteriorating health of Punjab farmer leader Jagjit Singh Dallewal, who ...Read More >
New Delhi, January 13 (VOICE) Acting swiftly on the recommendation made by the Supreme Court Collegium, the Centre on Monday cleared the appointment of Patna High Court's Chief Justice Krishnan Vinod Chandran to the apex court. In a post on X, Union Minister for Law and Justice Arjun Ram Meghwal announced that the President, after consultation with the Chief Justice of India (CJI), was pleased to appoint Justice Chandran as a Supreme Court judge. "In exercise of the powers conferred by clause (2) of Article 124 of the Constitution of India, the President is pleased to appoint Shri Justice Kri ...Read More >
New Delhi, January 27: The Supreme Court has upheld an order passed by the apex court registry in August 2024 refusing to admit a lawyer's application seeking direction to SEBI to submit its conclusive probe report into the Adani-Hindenburg controversy. Advocate Vishal Tiwari had moved an appeal against the order passed by the Registrar on August 5 last year. Earlier on July 15, 2024, the top court had dismissed a review petition filed against its earlier verdict refusing to form any SIT or group of experts to conduct an investigation. After perusing the review petition, a bench, headed by th ...Read More >
Kolkata, May 23 (PTI) The Calcutta High Court on Friday directed protesting teachers and other staff of West Bengal government-run and -aided schools, who lost their jobs due to a Supreme Court ruling, to shift their protest venue in the interest of public convenience. The court also limited the number of participants to 200 at any given time. Hearing petitions filed by the Deserving Teachers Rights Forum, under whose banner the protest is being organised, and the state government, Justice Tirthankar Ghosh ordered the protesters to move to Central Park in Salt Lake, located opposite Bikash B ...Read More >
MUMBAI: The case of Bengaluru Techie Atul Subhash who died by suicide citing alleged harassment by his estranged wife has opened up a debate on misuse of anti dowry law. Mumbai-based lawyer Abha Singh described the case as a 'gross misuse of law,' stating that false charges and harassment led to the death of the victim, suffering from harassment from his wife and in-laws. Lawyer Abha Singh also emphasized that the misuse of dowry laws could ultimately deny justice to those who genuinely need protection. "Dowry laws, being made to protect women should not be misused because if some women are ...Read More >