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.
Mumbai: Four days after a cancer-afflicted senior citizen was found on a street at Aarey Colony, police arrested her grandson, her elderly brother-in-law and an autorickshaw driver and charged them for abandoning her and endangering her life and safety.Police said her grandson, Sagar Shewale (33) couldn't get her admitted to any hospital and was "fed up" of looking after her. Her cancer is in an advanced stage.Yashoda Gaikwad, who is in her 60s, was found sitting near some bushes at Aarey Colony around 7am on June 21. She had a wound on her face and was unable to speak clearly, said police officials.Police took her to Trauma Care Hospital in Jogeshwari, but the facility did not have the necessary equipment to treat her. She was then admitted to R N Cooper Hospital in Vile Parle (W), where she is currently recuperating.Investigations revealed that Yashoda lived with Shevale, his wife and son in Kandivli (E). When police contacted Shevale, who works as an office boy at Andheri, he expressed shock to learn about the circumstances in which his grandmother was found.But on further investigation, police learnt that Shevale had not disclosed all facts. Shevale had tried to get his grandmother admitted to the Babasaheb Ambedkar Hospital in Kandivli on June 20, but failed to do so. He then contacted her brother-in-law, Babasaheb Gaikwad (70). They hired an autorickshaw driver, Sanjay Kadreshim (32), to ferry her to Aarey Colony. They told police that it was dark when they dumped her on the street. Shevale paid Kadreshim Rs 400 for the job.Babasaheb told police that later he felt remorse and asked Shevale to pick up his grandmother from Aarey Colony. He claimed that Shevale lied to him that he had brought her home and even fed her.Shevale, Babasaheb and Kadreshim have been booked under the Maintenance and Welfare of Parents and Senior Citizens Act and the Bharatiya Nyaya Sanhita.
Patna: In a major policy shift ahead of the upcoming Bihar elections, the state government has implemented a domicile-based reservation system in government jobs, with the 35 per cent quota for women. This means only women who are native to Bihar or those who hold valid domicile certificates will be eligible to claim this quota. Women from other states, who were eligible earlier for the reservation, will now be placed under the general category and will not be given the same reservation. The decision was taken during a cabinet meeting held on Tuesday in Patna, chaired by Chief Minister Nitis ...Read More >
Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a ₹10 lakh insurance policy, ₹1 lakh for daughters' marriages, a biannual ₹2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.Ahead of crucial Delhi assembly polls, Arvind Kejriwal promised several measures for auto dri ...Read More >
Mumbai: The death toll in Monday's BEST bus crash rose to seven and the number of injured to 42 even as the driver, Sanjay More, booked for culpable homicide not amounting to murder, claimed he had noticed a spark and mistakenly accelerated the bus instead of applying brakes. Seeking More's custody, police said they want to investigate if he intentionally used the vehicle as a weapon. The bus on Route 332 had accelerated on a congested 200m stretch near Kurla station hitting vehicles and pedestr ...Read More >
Foreign investors put in ₹14,590 crore in the country's equity market in June, marking the third straight month of investment, supported by improving global liquidity conditions, easing geopolitical tensions, and a rate cut by the Reserve Bank of India. However, foreign portfolio investors (FPIs) turned net sellers in July and pulled out ₹1,421 crore in the first week of the month, data with the depositories showed. U.S. tariffs on European goods threaten to shake up world's largest two-way ...Read More >
HYDERABAD: The Commissioner's Task Force (South West Zone), along with Mangalhat Police, arrested two habitual offenders for cheating elderly women using counterfeit currency. Police recovered Rs 20,000 in cash and an auto-rickshaw, with the total seizure valued at Rs 1.2 lakh. The accused were identified as auto drivers Syed Waseemuddin (34) of Yakutpura and Mohd Azam Ali (34) of Vatepally, originally from Amaravati, Maharashtra. Addicted to liquor and other vices, they turned to crime due to poor earnings. They allegedly purchased dummy Rs 500 notes from a Charminar stationery shop. Their ...Read More >
Vizianagaram: DIG Gopinath Jatti of the Visakhapatnam range urged youth and students to steer clear of drugs and other sedatives. He emphasised the importance of focusing on their studies and careers rather than engaging in poor habits. On Thursday, the police department observed an Anti-Drug Day. Speaking on the occasion, DIG Jatti said that strict action is being taken against those involved in cannabis cultivation. In the past, cannabis was grown on 15,000 acres in the agency areas, but with the help of drone technology, these crops were identified and destroyed. Due to the police's enforc ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to invite this esteemed class of artists, technologists, and professionals to join the Academy," said Ac ...Read More >
Hyderabad: The much-awaited Shilpa Layout Phase 2 flyover is finally open to the public. Telangana chief minister inaugurated the flyover at Gachibowli on Saturday, June 28. Named after late senior Congress leader and five-time MLA P Janardhan Reddy, the 1.2 km-long six-lane bi-directional flyover has been built at a cost of Rs 182.72 crore. Built under the Strategic Road Development Programme (SRDP), the new PJR flyover promises smoother vehicular movement between ORR, Kondapur, Hafeezpet, Hitech City, and the Financial District. Addressing the crowd, CM Revanth stated that more flyovers a ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Ahmedabad: Gujarat Chief Minister Bhupendra Patel on Wednesday announced ₹4 lakh solatium for the next of kin of the deceased in the bridge collapse in Vadodara. He also announced ₹50,000 for the injured. Of the nine deceased in the tragedy, six have been identified as Vedika Padhiyar, Naitik Padhiyar, Hasmukh Parmar, Ramesh Padhiyar, Vakhtsinh Jadav, and Pravin Jadav. Some of the injured have been identified as Sonal Padhiyar, Narendrasinh Parmar, Ganpatsinh Rajula, Dilipbhai Padhiyar, Raju Dadubhai and Rajesh Chavda. The Chief Minister, in a post on social media platform X, shared that P ...Read More >
New Delhi, Jan 27 (UNI) Aam Aadmi Party (AAP) has released its manifesto for the next month Assembly election with 15 guarantees, including employment and the women's dignity scheme. While releasing the manifesto on Monday, AAP's national convener and former Chief Minister Arvind Kejriwal said, "Kejriwal's guarantees are solid," emphasising that free electricity for 24 hours, free water, free education, free pilgrimage for senior citizens, free bus travel for women, and free medical treatment in hospitals and Mohalla Clinics will continue in Delhi. He alleged, "BJP leaders and spokespersons ...Read More >
New Delhi [India], January 27 (ANI): Delhi Police detained BJP workers and leaders who were protesting against AAP national convener Arvind Kejriwal and the Punjab Government regarding the vandalism of a statue of Babasaheb Ambedkar in Amritsar on Monday. The Delhi BJP, led by party chief Virendra Sachdeva, MP Yogender Chandolia, and national general secretary Dushyant Kumar Gautam, protested against AAP national convener Arvind Kejriwal and the Punjab Government. This demonstration was in response to the vandalism of a statue of Babasaheb Ambedkar in Amritsar. Also Read | Maha Kumbh Mela 20 ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Fancy goats to sheep and more: A look at Kolkata's preparations ahead of Eid-al-Adha A day ahead of Eid-al-Adha, the Muslim festival that celebrates faith, gratitude and giving, Kolkata's goat markets were decked up as preparations for the festival, better known as Bakri Eid, got underway. On Zakaria Street, near the Nakhoda Masjid, was Lablaba Khan, a brown goat with white and black markings. Lablaba Khan's owner quoted a price of Rs 25 lakhs Not just goats, even sheep were being sold near Zakaria Street, with the price being quoted at Rs 45,000 per sheep This goat had a red ribbon tied i ...Read More >
Lucknow: In the latest of several successive attacks on the opposition over caste politics, Chief Minister Yogi Adityanath on Saturday accused them of resorting to caste divisions for political survival.He said those who "once bowed before the mafia are now trying to divide society along caste lines" and reiterated "batoge toh katoge, ek rahoge toh nek rahoge".Speaking at an event in Lucknow on the eve of the birth anniversary of Bhamashah, a 16th-century philanthropist who aided Maharana Pratap in his fight against the Mughals, also celebrated by the UP govt as Vyapari Kalyan Diwas, the CM ur ...Read More >
Digha: A day after Rath Yatra, the festive fervour continues in Digha as the seaside town is now gearing up to host Ulta Rath or the return journey of the deities from the 'Masir Bari' or the old Jagannath temple. On July 5 -- the Ulta Rath day -- hotels are hoping for fresh tourist influx. Though the deities are currently in Masir Bari, a large queue of devotees visited the newly-constructed Jagannath temple on Saturday. They offered prayers to the stone idol permanently installed there. It is the wooden idols of Jagannath, Balaram and Subhadra that have taken the chairot rides. Bipradash Cha ...Read More >
DHARMAPURI: For the third time in the past two months, a wild leopard wandered into a private farmland near Valaithottam village near Palacode and hunted chicken raised by a local farmer. Locals are increasingly distressed and urged the forest department to take steps to relocate the leopard. Over the past few months, there have been several reports of leopard sightings in forest areas near Palacode, particularly in Valaithottam village, near the forest's fringe. There have been two instances when the leopard attacked farmlands, taking away a domestic dog and a chicken. On Saturday, the leop ...Read More >
Mumbai: Arkade Developers Limited, a listed real estate company on the BSE and NSE, has signed a binding agreement to acquire Filmistan Pvt Ltd for around Rs 183 crore. This acquisition gives Arkade control of the iconic 4-acre Filmistan Studios land parcel located on SV Road in Goregaon West, Mumbai. The company plans to launch an ultra-luxury residential project on the site in calendar year 2026, featuring spacious 3, 4, and 5 BHK homes along with exclusive penthouses. The development will include two 50-storey high-rise towers, with a Gross Development Value (GDV) projected at Rs 3,000 cro ...Read More >
Mumbai, July 5: In a shocking incident, a woman died by suicide after she was slapped by her husband allegedly after a fight with his mother in Mumbai's Sakinaka on June 28. The Mumbai Police have charged a 32-year-old driver with abetment of suicide and dowry death following the suicide of his 23-year-old wife, Mamta, at their residence. The accused has been identified as Rajesh Jokhai Prasad Maurya, Indian Express reported. The case, registered under sections 108 (abetment of suicide) and 80 (dowry death) of the Bharatiya Nyay Sanhita (BNS), stems from a complaint filed by Mamta's family, w ...Read More >
Bhopal, June 5 (SocialNews.XYZ) Madhya Pradesh Chief Minister Dr Mohan Yadav, while expressing profound grief over the death of seven persons in Rewa, has announced a financial support of Rs 2 lakh each to the family of the deceased. He has also announced financial support of Rs 50,000 to each of the injured persons in the accident. He announced the support through his X handle, "Tragedy struck near Sohagi village in Rewa district when a truck carrying cement pillars overturned onto an auto carrying devotees from Nai Garhi, Mauganj district. The group had been returning from Prayagraj after ...Read More >
Mumbai: An auto rickshaw driver, who earns Rs 5-8 lakh per month is garnering peoples' attention due to a unique way, but the catch is, he's earning all this money without driving his vehicle. The auto driver offers a simple 'bag-holding' service to visa applicants just outside the US Consulate. This 'no tech, no formal business plan, and no startup funding' brilliance has netizens lauding the driver's business plan. Rahul Rupani, a product leader at Lenskart, shared the auto driver's story on LinkedIn regarding his experience at the US Consulate. Rahul was outside the US Consulate for his ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...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 >
New Delhi: Employees and workers affiliated with 10 central trade unions went on a day-long strike Wednesday, but essential services remained unaffected. There were reports of the strike impacting a select few services in Kerala, Jharkhand, and Puducherry. The forum has claimed that 25 crore workers are being mobilised for the "general strike" in protest against the new labour codes, along with other issues. All India Trade Union Congress General Secretary Amarjeet Kaur told PTI that the general strike started across the country Wednesday morning and she has received reports and pictures of ...Read More >
Bengaluru: Chief Minister Siddaramaiah on Thursday asserted that the issue of leadership change in Karnataka is a creation of the media and that such speculation has no basis. "Both Deputy Chief Minister Shivakumar and I have reiterated that the CM's post is not vacant, I am the CM," Siddaramaiah stressed. Speaking at a Press conference at Karnataka Bhavan in New Delhi on Thursday, he responded to questions from journalists regarding a possible handover of the Chief Minister's post. He clarified that the purpose of Karnataka Congress incharge Randeep Singh Surjewala's meeting with MLAs in th ...Read More >
Bhubaneswar: Passengers across the state faced severe difficulties on Thursday as the drivers' association's cease-work strike entered its third day, leaving around 60% of private buses off the roads on multiple routes.Many were left stranded at Babasaheb Bhim Rao Ambedkar Bus Terminal (BSABT) in Baramunda, Netaji Bus Terminal in Cuttack, and other bus stands across the state as they struggled to find transport. "My father died late on Wednesday night. I am waiting for a bus to travel to Rajkanika in Kendrapada district. I don't have the money to hire a taxi or an autorickshaw to visit my vill ...Read More >
New Delhi, November 26: Prime Minister Narendra Modi on Tuesday said that the government at the Centre has strengthened the spirit of the Constitution over the last 10 years. Addressing the Constitution Day celebrations at the Supreme Court, PM Modi highlighted that in the last 10 years, more than 53 crore bank accounts were opened, more than 4 crore pukka houses were given and more than 10 crore free gas connections were given. "In the last 5-6 years, by providing tap water facilities in more than 12 crore houses, the government made the lives of citizens easy, particularly of women," he sai ...Read More >
Kolkata (West Bengal) [India], June 6 (ANI): Law student Sharmistha Panoli, arrested for allegedly hurting religious sentiments through a social media post, has been granted interim bail by the Calcutta High Court on Thursday. The court directed her to cooperate with the investigation, not leave the country, and furnished bail on a personal bond of Rs 10,000. The court also ordered appropriate police protection for her. Also Read | Goa: Man Held for Trying to Trade Sensitive Data Online Using Cryptocurrency Transactions. Her father, Prithviraj Panoli, expressed relief, citing her health iss ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >