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, Jun 27 (PTI) Maharashtra on Friday recorded 13 new cases of COVID-19, which took the tally of infections to 2,462, and one death, the health department said. A 65-year-old woman suffering from comorbidities, including rheumatoid arthritis, died in Kolhapur, an official said. Also Read | Ahmedabad Plane Crash Probe: Parliamentary Committee To Grill Boeing and Air India Executives, DGCA Officials; Sources Say 'Multiple Shortcomings' Matter of Concern. Since January 1, the state has recorded 2,462 COVID-19 cases and 37 deaths, the department said. Also Read | Did 21-Year-Old Muslim Man Marry His 65-Year-Old Grandmother After Grandfather's Death in Haryana? Fake News Along With Image From Old Scripted Video Goes Viral, Here's a Fact Check. Of the fresh cases, five were reported from Pimpri Chinchwad, three from Nagpur, two from Pune and one each from Thane, Navi Mumbai, and Satara, an official statement said. The health department has conducted 28,486 COVID-19 tests across the state since January 1, and 2,277 patients have recovered from the infection till date, it said. Mumbai has reported 980 cases, including 539 in June alone, so far this year. At least 37 patients have succumbed to the virus in the state since January 1, of whom 36 had comorbidities (pre-existing health conditions that can increase the risk of severe illness), the statement said. (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)
Port Blair: Namita Roy was just 26 years old when she gave birth to her son, 'Tsunami', in a snake-infested jungle where she and her family took shelter after deadly waves triggered by a massive earthquake devoured her home in Hut Bay Island in Andaman and Nicobar on this day in 2004. Twenty years later, she remembers the day with a shudder. "I don't want to recall that dark day. I was pregnant and busy with daily chores. Suddenly, I noticed an eerie silence and was shocked to witness the sea receding miles from our shore. We also noticed zugunruhe in birds," she told PTI. "Seconds later, th ...Read More >
Rameswaram, Feb 10 (PTI) The new 2.05 kilometre Pamban Bridge will allow trains to cross the sea between mainland India and Rameswaram Island in Tamil Nadu in less than 5 minutes, significantly less than the previous 25-30 minutes on the old structure, railway officials said on Monday. The bridge is ready to be dedicated to the nation and Prime Minister Narendra Modi is expected to inaugurate it within the next few weeks, though a date is yet to be decided, he added. "Trains used to take 25-30 minutes to cross the old colonial-era Pamban Bridge between Mandapam and Rameswaram Islands due to ...Read More >
Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. "Large-scale illegal stone mining is taking place in the hills of Karbi Anglong in violation of the Supreme Court order. The SC had banned mining in and around K ...Read More >
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 >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Guwahati, Jun 5 (PTI) Assam Chief Minister Himanta Biswa Sarma on Thursday said that the caste census will greatly benefit the indigenous Muslim community living in both the Brahmaputra and Barak Valley in the state. The Centre on Wednesday announced that India's 16th Census with caste enumeration will be carried out in 2027. The indigenous Muslim communities of Assam have been demanding for a long time, a caste-based census to assert their distinct socio-cultural identities, the chief minister said on the sidelines of the World Environment Day programme here. ''The proposed caste enumerati ...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 >
New Delhi, June 8 (UNI) Active Covid-19 cases in India have crossed the 6,000 mark following a surge of nearly 400 new infections reported in the past 24 hours. The country also recorded six Covid-related deaths during this period, with three fatalities reported from Kerala, as per the data available from the Union Health Ministry. As of now, India has 6,133 active cases and a cumulative death toll of 65. Kerala continues to report the highest number of active infections, nearing the 2,000 mark, making it the state with the largest current caseload. In the last 24 hours, 378 new cases were r ...Read More >
Mumbai, Jun 8 (PTI) The Congress on Sunday staged a protest against the Maharashtra government's decision to allot Mother Dairy's land in Kurla for rehabilitating ineligible slum-dwellers who will be displaced by the Dharavi redevelopment project. City Congress president Varsha Gaikwad, who led the demonstration, targeted the state government's decision with a "surrender" barb, alleging that the opposition by local people was ignored. "The market value of this land is in the hundreds of crores, but it is being handed over to Adani at a nominal price," she alleged. The Maharashtra cabinet la ...Read More >
Mumbai, Jun 8 (PTI) The Congress on Sunday staged a protest against the Maharashtra government's decision to allot Mother Dairy's land in Kurla for rehabilitating ineligible slum-dwellers who will be displaced by the Dharavi redevelopment project. City Congress president Varsha Gaikwad, who led the demonstration, targeted the state government's decision with a "surrender" barb, alleging that the opposition by local people was ignored. Also Read | Encroachers Can't Claim Right To Continue Occupying Public Land, Says Delhi High Court. "The market value of this land is in the hundreds of crore ...Read More >
Investing.com -- India has declined an offer from the United Nations aviation agency to include one of its investigators in the probe of the Air India Boeing (NYSE:BA) 787-8 Dreamliner crash that killed 260 people in Ahmedabad on June 12, according to a Reuters report on Thursday. The International Civil Aviation Organization (ICAO) made the unusual move earlier this week by offering to provide investigative assistance without being asked. The ICAO requested that their investigator, who was already in India, be granted observer status in the investigation, but Indian authorities rejected this ...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 >
Belagavi (Karnataka), Dec 12 (PTI) Tensions flared in the Karnataka Assembly on Thursday as BJP MLAs barged into Speaker U T Khader's chamber, expressing strong objections to his handling of the proceedings. The confrontation came amidst heated debates over the recent police lathi charge on Panchamasali Lingayat protesters, with the ruling Congress and opposition BJP trading accusations. The issue arose when Congress MLA Vijayanand Kashappanavar, himself a leader of the Panchamasali Lingayat community, criticized the decision of previous BJP government to scrap the 4 per cent Muslim reservati ...Read More >
BHUBANESWAR: The School and Mass Education (SME) department is keeping a close watch on the Covid situation and will follow appropriate precautions as per the advisory of the Health and Family Welfare department, once the schools reopen. Informing this on Thursday, SME minister Nityananda Gond asked citizens to remain alert in view of the rising Covid-19 cases. "The government is giving top priority to the health and safety of all," he said, asking people not to panic. The minister further informed that teachers and students would be sensitised on Covid-19 and asked to properly follow precau ...Read More >
Thiruvananthapuram, Jun 6 (PTI) The Kerala Government's decision to change Bakrid holiday triggered a political row in the state on Friday with the Indian Union Muslim League (IUML) accusing it of attempting to implement "communal agenda and fascism" in the state. Originally Friday (June 6) was marked as holiday for Bakrid. However, following the reports that the festival would be celebrated on Saturday across the state, on Thursday, the Kerala government announced that Saturday, June 7, will be a public holiday for Bakrid. As per the change, government also declared that June 6 (Friday) wou ...Read More >
Mumbai, Jun 26 (PTI) Maharashtra recorded 24 new COVID-19 cases, taking the tally in the latest round of outbreak to 2,449, while no fresh death linked to the viral infection was reported in the state, the health department said on Thursday. Of the new cases, seven were registered in Mumbai, followed by civic limits of Pune (6), Chhatrapati Sambhajinagar (3), Pimpri-Chinchwad, Panvel, Nagpur, Navi Mumbai (1 each), and districts of Satara (2), Raigad and Kolhapur (1 each), a department statement said. The department said it has conducted 27,963 COVID-19 tests across the state since January 1 ...Read More >
Kolkata, Dec 6 (PTI) Air India Express, the budget-carrier arm of Air India, is embarking on a significant expansion by increasing its fleet size and introducing new routes, as passenger growth remains robust. The airline, however, has deferred plans to launch direct flights between Kolkata and Dhaka, citing the ongoing political crisis in Bangladesh. "You would recall we had announced our operational plan for Dhaka, which is a new and significant market for us. But because of the situation there, we have deferred those plans," Aloke Singh, Managing Director of Air India Express, said. "As ...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 >
Srinagar, June 7: Jammu and Kashmir Lieutenant Governor Manoj Sinha, on Saturday, congratulated the University of Kashmir for getting an A++ grade in the NAAC inspection. The Lt Governor extended his heartiest congratulations to the Vice Chancellor, faculty, staff, and students of the University of Kashmir for attaining the prestigious A++ Grade by the National Assessment and Accreditation Council (NAAC), and securing an outstanding Cumulative Grade Point Average (CGPA) of 3.68 on a seven-point scale. Calling it a proud moment for J&K UT, the Lt Governor said, "The A++ Grade places the Un ...Read More >
Mumbai: Recurring aircraft defects, unserviceable ground handling gear, and faded runway markings are among a range of safety lapses discovered by the civil aviation regulator after an intensive survey of key airports including Delhi and Mumbai. The Directorate General of Civil Aviation (DGCA) has ordered airport operators and airlines to address these safety concerns within a week. The inspections come on the heels of the June 12 crash of an Air India plane in Ahmedabad, killing 241 people on ...Read More >
New Delhi: Aviation watchdog DGCA will soon come out with streamlined regulations for wet-leasing of planes by Indian airlines that will also entail enhanced oversight of the aircraft, amid airlines looking to operate more planes to meet rising travel demand. With persisting supply chain woes, there is a delay in aircraft deliveries and to meet the near-term needs, carriers are opting for planes on dry and wet leases. A senior official in the know told PTI that the efforts are on to streamline the regulations for wet-leasing of planes to assist in the growth of the aviation. "Realities of the ...Read More >
Kolkata: BJP on Saturday criticised urban development minister Firhad Hakim over a video where the Kolkata mayor is purportedly heard making a comment on minorities. Hakim had made the comment while addressing an educational conference recently. Hakim said BJP was using his quote out of context and he was only referring to the gulf between the educated and the uneducated. "As education spreads, the gulf will be bridged and there will be one identity," said Hakim. Saying that he would never play ...Read More >
Bhubaneswar, May 22 (UNI) An elderly person with comorbidities who recently returned from New Delhi has tested positive for COVID-19, an official source said on Thursday. The 75-year-old patient has been admitted to a private hospital in the state capital. His family members have been instructed to remain in quarantine as a preventive measure. According to Health Department sources, the patient's blood sample will be sent to the Institute of Life Sciences for genome sequencing to determine the COVID-19 variant. Odisha Health Secretary S. Aswathy informed the media that the situation is bein ...Read More >
New Delhi, Jun 5 (PTI) Union Home Minister Amit Shah has made it clear on several occasions that in the delimitation exercise, concerns of the southern states will be taken care of and discussed with all concerned at appropriate time. A spokesperson of the Ministry of Home Affairs (MHA) said this on Thursday, a day after Tamil Nadu Chief Minister M K Stalin expressed concern over the Census-linked delimitation exercise. "The Honourable Home Minister has made it clear on several occasions that in the delimitation exercise, concerns of southern states will be taken care of and discussed with a ...Read More >
NEW DELHI, Jun 6: Delhi recorded 30 new COVID-19 infections taking the count of active cases to 592, according to Union Health Ministry data released on Friday. The number of fatalities since January 1 stands at seven, with no fresh deaths recorded since Thursday. Active cases across India stand at 5,364, with four deaths reported in the past 24 hours. Kerala continues to be the most affected state, followed by Gujarat, West Bengal and Delhi, ministry data shows. (PTI) ...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 >
Ahmedabad (Gujarat) [India], June 7 (ANI): Gujarat Health Minister Rushikesh Patel on Saturday noted that the state is fully prepared for COVID-19, with all arrangements including beds, ventilators, and ICU facilities in place, adding that the current Omicron variant is not very serious and does not seem to cause significant harm or death. Speaking to reporters, Minister Rushikesh Patel said, 'This Omicron virus is a virus of the Covid family, but it is not so serious. Varieties of this virus do not seem to cause any harm or death. But we have made all our arrangements, all beds, ventilators, ...Read More >
New Delhi, Dec 3 (PTI) The Shahi Imam of Delhi's Jama Masjid on Tuesday described as "reprehensible" the alleged mistreatment of Hindu minorities in Bangladesh and asked that country's interim government to take immediate steps to prevent such acts. India has been expressing concerns over attacks on minorities, especially Hindus, in Bangladesh, since Sheikh Hasina's resignation as prime minister in August following months-long students-led protests. Also Read | Rahul Gandhi To Visit Sambhal: DM Requests Neighbouring Districts To Restrict Congress Leader's Proposed Visit to Violence-Hit Town. ...Read More >
Mumbai, Jun 5 (PTI) Maharashtra on Thursday reported 98 COVID-19 cases, taking the tally in the state since January 1 this year to 1,162, the health department said. Of these cases, 48 are from Pune district, 34 from Mumbai and six from Thane, an official said. Since January 1, a total of 14,565 COVID-19 tests have been carried out, with 1,162 returning positive. A total of 597 persons have recovered during this period, while 17 have succumbed, including 16 with co-morbidities, he said. There has been no death reported from the ailment in the state since Wednesday, he added. The total num ...Read More >
Gurgaon: A chemist and a lab operator have been arrested for allegedly selling medical termination of pregnancy (MTP) kits illegally. Two separate FIRs were lodged against the accused at Sector 10 and Sector 9A police stations, police said on Friday.The pharmacy was sealed and medical officials have initiated proceedings to cancel its licence. District drugs control officer Suresh Verma said the department received information about illegal sales of MTP kits - also called abortion kits - from Juneja Chemist, located near Civil Hospital. A pregnant woman, who was deployed as a decoy customer, v ...Read More >