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.
Bijnor: In a tragic incident that exposes the growing crisis of rural indebtedness in Uttar Pradesh, a family of four in Bijnor's Noorpur area consumed poison after being overwhelmed by mounting debt and pressure from moneylenders. The mother and elder daughter died on the spot, while the father and younger daughter are battling for their lives at a higher medical centre. The incident took place in Tendra village, where Pukhraj, a marginal farmer, had reportedly taken loans from local moneylenders to sustain his family. With no institutional financial support or meaningful state intervention, the burden of repayment and mounting interest became unbearable. The deceased have been identified as Rameshiya and her elder daughter Anita. Pukhraj and his younger daughter Sunita remain in critical condition. According to neighbours and local sources, the family had been under severe psychological distress due to persistent harassment and threats from lenders. Economic instability, lack of job opportunities, and rising rural inflation are believed to have contributed to the family's worsening condition. Police officials arrived at the scene shortly after the incident was reported. The bodies were sent for post-mortem, and an investigation has been initiated into the circumstances that led to the suicide attempt. This incident adds to more financial suicides in the state, underscoring how little has changed for rural households despite tall claims of financial inclusion and rural development. The absence of debt relief or structured intervention from state authorities continues to push vulnerable families into irreversible despair.
New Delhi: The Enforcement Directorate (ED) on Friday carried out searches at 15 places in Mumbai and Kochi in connection with the Mithi River desilting scam that caused a wrongful loss of more than Rs 65 crore to the Brihanmumbai Municipal Corporation (BMC), official sources said. The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities. According to the sources, the searches are being carried out under the provisions of the Prevention of Money Laundering Act (PMLA) at locat ...Read More >
Bengaluru: Mysuru Dasara is set to run for 11 days this year -- a rare extension driven by celestial alignment and cultural planning -- with the inaugural ceremony on Sept 22 and the grand Jamboo Savari taking place on Oct 2, coinciding with Vijayadashami and Gandhi Jayanti.Chairing a high-level meeting at Vidhana Soudha Friday, chief minister Siddaramaiah said, "Mysuru Dasara in 2025 will be celebrated for 11 days, due to a unique astronomical occurrence -- the Panchami tithi (fifth lunar day) will appear on two consecutive days, Sept 26 and 27, a rare alignment that hasn't occurred in nearly ...Read More >
New Delhi: India's gold loan market has increased from USD 33 billion in FY19 to USD 83 billion in FY24, growing at a compound annual growth rate (CAGR) of 20 per cent, according to Praxis Global Alliance report. Gold loans have always been a popular way for Indians to borrow money. With a strong cultural link to gold, many families keep gold as part of their savings. Borrowing against gold is quick and easy, making it a preferred option for people from all income groups. The market includes both formal lenders like banks and non-banking financial companies (NBFCs), as well as informal money ...Read More >
GURGAON: The investigation into the murder of a 25-year-old former international tennis player, allegedly by her father, has revealed a sudden deterioration in their relationship. The apparent reason was a disagreement over the academy she ran near their house, but the roots clearly run deeper. The father, who claims to have spent Rs 2 crore on his daughter's tennis career, told interrogators he was troubled by questions about her "character" that some of his associates had raised.Deepak Yadav, who shot Radhika at their house Thursday morning, had allegedly been insisting for two weeks on her ...Read More >
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to the allegations to NCW officials. Officials said further steps will be considered after reviewing his ...Read More >
Dantewada (Chhattisgarh) [India] July 15 (ANI): The tribal-dominated Dantewada district is all set to make its footprint visible in the high-octane sport of Thai Kick Boxing, as young athletes here have clinched medals in international as well as national events. With the support of the Chhattisgarh Government, the youth of Dantewada are sharpening their skills and preparing for Thai Kick Boxing events to be held in the country and overseas. As Dantewada moves on the path to becoming a hub for producing Thai Kick Boxers, the district is also ready to shed its infamous identity that emerged du ...Read More >
The chip makers around the world felt the relief of a rumor suggesting that the sales curb to China could be less severe than previously expected. But the news didn't necessarily translate in a strong rally. ASML (NASDAQ:ASML) - Europe's biggest chip equipment maker that predicted a 30% fall to its Chinese revenue next year - closed 0.22% lower yesterday, while Tokyo Electron - which was up by more than 6% yesterday - couldn't extend gains at today's session. With US markets paused for the Thanksgiving break, France was at the heart of the attention yesterday. The political drama, there, only ...Read More >
New Delhi, June 6 (SocialNews.XYZ) Top bankers on Friday hailed the Reserve Bank's decision to reduce repo rate by 50 basis points to 5.50 per cent and cash reserve ratio (CRR) by 100 basis points in four tranches, saying the policy move is expected to provide the necessary drive for credit expansion in priority sectors which will enhance the financial inclusion. Besides this, the revision in CPI inflation to 3.7 per cent for FY26 also shows the RBI's confidence in inflation being aligned with its 4 per cent target. "The decision in CRR cut, which is expected to release Rs 2.5 lakh crore in ...Read More >
New Delhi, June 7 (SocialNews.XYZ) The Reserve Bank of India (RBI) has chosen to frontload its rate cuts, turning to support growth amid benign inflation prospects, according to a Crisil report, which expects one more repo rate cut this fiscal (FY26), and a pause after that. The global ratings agency also expects India's GDP at 6.5 per cent this fiscal, with risks on the downside due to US tariff hikes. Crisol listed some factors which are expected to help domestic growth hold up against global tariff risks. "Positive outlook on rains and crude oil prices and healthy external accounts -- lo ...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 >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin has officially broken through its previous all-time high of $112,000, surging to $118,000 just hours ago and entering uncharted territory for the first time since late May. The breakout confirms bullish momentum after weeks of consolidation and failed attempts, with price action now showing clear strength. With the psychological and technical barrier of $112K cleared, many analysts believe this move could mark the beginning of Bitcoin's next expansive rally. Bulls are f ...Read More >
Kanpur: A 26-year-old man in Farrukhabad district committed suicide by hanging himself, following alleged harassment from police and in-laws. He wrote his final message on his trousers, making serious allegations against two police personnel and in-laws, leading to their suspension by the SP.Dilip Rajput from Cheda Nagla village under Mau Darwaza police station area, ended his life by hanging himself with a 'lungi' in his room. In his final note he named his wife Neeraj Rajput, her brother-in-law,, and police constables Jaswant Yadav and Mahesh Upadhyay. The incident originated from his wife's ...Read More >
Hyderabad: Swetcha Votarkar, a 40-year-old Telugu television anchor, was found hanging from a ceiling fan at her residence in Hyderabad on Friday night. The incident came to light after her neighbours alerted the police around 9:30 PM. "When we entered her room, she was found hanging from the ceiling fan," said the Chikkadpally police inspector. An ambulance was called immediately, and paramedics confirmed her death at the scene. While initial reports suggest suicide, police stated that no suicide note was recovered. A case of suspicious death was registered based on a complaint filed by Swe ...Read More >
Mumbai: A 14-year-old boy, angry after his mother asked him to go to tuition instead of playing, allegedly committed suicide by jumping from his residential building. The building is a 57-storey high-rise; however, the police are yet to determine exactly from which floor he jumped. The incident took place in Kandivali West at around 6 pm on Wednesday. The deceased boy was the only son of a Gujarati television actress. The Kandivali police registered an accidental death report on the same day. Residents heard a loud thud and found the boy grievously injured. According to the FIR, the building ...Read More >
Jaipur, May 26 (SocialNews.XYZ) In yet another tragic incident, a NEET aspirant from Jammu and Kashmir (J&K) died by suicide in Kota, Rajasthan highlighting the ongoing mental health crisis among students preparing for competitive exams in India. The student, identified as Zeeshan, had arrived in Kota just a week ago to prepare for the NEET UG medical entrance exam. The incident occurred in Mahavir Nagar, a locality known for housing students attending coaching institutes. According to police reports, Zeeshan took her life by hanging herself in her room late on Sunday evening. Shockingly, s ...Read More >
Mumbai, June 6: RBI Governor Sanjay Malhotra on Friday announced a jumbo 50 basis points cut in the repo rate from 6 per cent to 5.5 per cent to spur growth in the economy, as inflation has come down below the lower RBI band of 4 per cent. The RBI Governor also announced a 100 basis points CRR cut, effective in four equal tranches of 25 basis points starting from September 6, October 4, November 1 and November 29. The step is expected to inject Rs 2.5 lakh crore into the banking system, boosting liquidity and supporting credit flow. A lower policy rate leads to a decline in interest rate on b ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...Read More >
Bengaluru: A woman has been booked on charges of killing her pet dog and keeping the body in her flat at Doddanekkundi, Mahadevapura, for three days. The incident came to light when other occupants of the apartment alerted civic authorities Thursday, saying a foul smell was emanating from the flat.Residents said the occupant, identified as Triparna Paik, wasn't cooperating with them to find the source of the smell and understand what had happened inside the flat. With the help of local police, a BBMP veterinary doctor entered the flat and found the decomposed body of a black male labrador retr ...Read More >
Hyderabad: The decomposed body of an unidentified man, believed to be in his late 30s, was found in the Pochammakunta in Gachibowli, on Thursday morning. The body was first spotted by the security staff of a company during a routine patrol around 8.30 am. Pentala Anil Kumar, a senior executive at the company, was informed by security officer Goreta Suresh Babu and alerted the Gachibowli police. Assistant sub-inspector (ASI) Shanker K. and his team visited the spot, retrieved the body from the lake, and began a preliminary investigation. According to ASI Shanker, the man is suspected to have ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
India's International Train Links: These 5 Indian Stations Connect You To Another Country By Train Kerala Lottery Results Saturday 07-06-2025 LIVE: The Kerala Lottery Department, on behalf of the state government, will announce the results for the Karunya KR-709 draw today, June 07, 2025. The lucky draw will take place at Gorky Bhavan, near Bakery Junction in Thiruvananthapuram. This week's Karunya KR-709 lottery includes 12 series, with the series being subject to change each week. A total of 1.08 crore tickets are available for sale weekly, and ticket prices may vary. Check the Karunya KR-7 ...Read More >
Chennai: A young doctor pursuing his postgraduate medical degree was found dead inside his car near Poomparai, a remote forested area close to Kodaikanal in Tamil Nadu. The deceased, identified as Dr. Joshua Samraj, was reportedly under financial stress and allegedly died by suicide after administering intravenous (IV) fluids to himself. According to officials, Dr. Samraj was pursuing an MD (Doctor of Medicine) degree in Salem and was also working at a hospital in Madurai. His car was spotted parked in the remote location for three consecutive days, prompting local residents to alert the poli ...Read More >
Bhopal, Dec 10 (VOICE) In a shocking incident, a retired Army jawan allegedly shot his wife dead before ending his own life in Madhya Pradesh's Morena district on Tuesday, police said. The incident occurred during early hours in Vikram Nagar town in Morena. The police team reached the spot and initiated an investigation into the murder and suicide case, which created panic in the locality. The deceased have been identified as Devendra Singh Gurjar (45) and his wife Madhuri Gurjar (43). Devendra's body was found lying in a pool of blood at his home, while his wife succumbed to her bullet wou ...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 >
Lucknow: A cloth merchant allegedly died by suicide along with his wife and minor daughter late Sunday night in the Asarfabad locality here, police said. Police said that the deceased were identified as Shobhit Rastogi (48), his wife Suchita Rastogi (45) and their 16-year-old daughter. According to police officials, Shobhit owned a clothing shop located within the Rajajipuram area. Shobhit's brother arrived at his residence on Monday morning and found the family members lying dead. He immediately alerted the police, and officers from the Chowk police station rushed to the spot. They broke ope ...Read More >
Srinagar, July 09: Chief Minister Omar Abdullah on Wednesday said that Jammu & Kashmir's tourism sector is witnessing a strong revival, with a steady rise in the number of tourists visiting the Union Territory each day.Abdullah, while addressing reporters in West Bengal ahead of the Kolkata Tourism Fair, said, "Tourists are coming back to Kashmir in good numbers. The ongoingAmarnathYatra is proceeding smoothly with heavy footfall on both the Pahalgam and Baltal routes, he said."I spoke to several pilgrims, and they are all happy and satisfied with the arrangements. I have come to Kolkata to ta ...Read More >
New Delhi [India], July 14 (ANI): Indian Commercial Pilots' Association (ICPA) has condemned the 'reckless and unfounded insinuation' that pilot suicide might be the cause of the tragic crash of the Air India 171 flight in Ahmedabad on June 12, following the preliminary investigation report on the accident. Until the official investigation is concluded and the final report is published, 'any speculation, especially of such a grave nature, is unacceptable and must be condemned,' the ICPA said in a statement. According to the preliminary report submitted by the Aircraft Accident Investigation ...Read More >
Mumbai: The attack on Sambhaji Brigade leader Pravin Gaikwad has triggered a stir in Maharashtra politics with opposition parties alleging the assailants were the BJP activists. However, Maharashtra minister Chandrashekhar Bawankule claimed the BJP has nothing to do with the attack. Raising the issue in the Maharashtra Vidhan Sabha, Congress legislative party leader Vijay Wadettiwar said that Gaikwad was fatally attacked, dragged out of his car, and his face was blackened. He claimed it was an attempt on Gaikwad's life. Gaikwad was manhandled and ink was hurled on him allegedly by activists ...Read More >