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.
COLOMBO (News 1st); An Indian national was arrested at the Bandaranaike International Airport (BIA) in Katunayake for attempting to smuggle a large quantity of Kush, a potent cannabis strain, into Sri Lanka. The arrest was made during a joint operation conducted by the Police Narcotics Bureau and Sri Lanka Customs. Authorities recovered 2 kilograms and 130 grams of Kush concealed in a false bottom of the suspect's travel bag. According to police, the estimated street value of the seized narcotics exceeds Rs. 20 million. The suspect, a 38-year-old Indian national, had arrived in Sri Lanka from Chennai aboard SriLankan Airlines flight UL 124. Investigations revealed that the drugs had been carefully hidden in a specially modified compartment of his luggage.
New Delhi, June 8 (SocialNews.XYZ) The Narcotics Control Bureau (NCB) is preparing to attach immovable properties worth Rs 9.20 crore of a prime accused linked to notorious Mexican cartel and owner of 95.501 kg of Amphetamine that was seized from Noida in October 2024, an official said on Sunday. "The office of Competent Authority and Administrator under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976) and Narcotic Drugs and Psychotropic Substances Act, 1985, has confirmed the orders of attachment issued by NCB (Operations branch)," said the official The NC ...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 >
Chandigarh, July 17 (SocialNews.XYZ) In a remarkable success, Border Security Force (BSF) troops on Thursday recovered 8.6 kg of heroin along the India-Pakistan border in Punjab's Ferozepur sector. The BSF Punjab Frontier said a thorough search of the suspected area by the BSF troops in the wee hours resulted in the recovery of 15 packets of suspected heroin of 8.6 kg. The recovery was made from an agricultural field near the border village of Bhanewala in Ferozepur district. Each narcotics packet was wrapped in yellow adhesive tape with an iron hook and illuminating device attached. "This ...Read More >
Pune (Maharashtra) [India], July 18 (ANI): The Directorate of Revenue Intelligence (DRI), Pune, has arrested a foreign national woman for allegedly smuggling crystal methamphetamine worth Rs 7.63 crore, officials said. The seizure was made following a meticulously planned operation based on specific intelligence inputs, they added. Also Read | US Designates Lashkar Proxy TRF As 'Foreign Terrorist Organisation': A Glance at How Terror Outfit Operates With Pakistan Army. According to a release, DRI Pune received a tip-off that a female foreign national would be travelling from Delhi to Bengal ...Read More >
Kochi: The Narcotics Control Bureau (NCB) have busted a darknet-based pan-India LSD (a type of drug) trafficking syndicate with the arrest of two persons and seizure of drugs and cryptocurrency worth about ₹1 crore. Manorama News reported that the officials arrested Edison, a native of Muvattupuzha in Ernakulam in connection with the case. Details of the other person in custody is not revealed yet. The syndicate was operating under the name 'Ketamelon' and a probe was initiated by the federal anti-narcotics agency after its Cochin zonal unit first intercepted three postal parcels containing 2 ...Read More >
Hyderabad, Jul 9 (PTI) A hotel entrepreneur was arrested here as part of a major crackdown on narcotics trafficking and consumption among urban social circuits, and 10 grams of cocaine along with other narcotic substances were seized from his possession, officials said on Wednesday. Based on specific intelligence inputs, a team from Cyberabad Narcotics Police Station intercepted a 34-year-old man, key peddler and consumer, near his restaurant in Kompally on July 7 while he was travelling in a car and upon a search 10 grams of cocaine, 3.2 grams of OG Kush (ganja), and 1.6 grams of Ecstasy pil ...Read More >
COIMBATORE: The air intelligence unit (AIU) of the customs department seized 3.155 kg of hydroponic weed from a woman passenger who arrived at the Coimbatore International Airport from Bangkok in Thailand via Singapore on a Scoot Airlines flight on Friday night. The AIU received a tip-off about smuggling of hydroponic weed (ganja grown in a water-based and nutrient-rich solution, instead of in soil) to Coimbatore International Airport. The Scoot Airlines flight landed here around 11.16 pm, and AIU officers began checking the baggage of the passengers.A woman passenger hailing from Kerala had s ...Read More >
Agartala (Tripura) [India], July 18 (ANI): Government Railway Police (GRP) personnel at Agartala Railway Station recovered and seized 9.5 kg of dry ganja from the platform just before the departure of the Kanchenjunga Express during a routine security check conducted on Thursday. The ganja was seized from platform No. 1 towards the Jirania end. The contraband was discovered inside seven packets stored inside two bags, left unclaimed on the platform. Following all legal formalities, the ganja was officially seized as unclaimed property. The Agartala GRP Police Station has launched an investi ...Read More >
New Delhi, June 8 The Narcotics Control Bureau (NCB) is preparing to attach immovable properties worth Rs 9.20 ... New Delhi, June 8 The Narcotics Control Bureau (NCB) is preparing to attach immovable properties worth Rs 9.20 crore of a prime accused linked to notorious Mexican cartel and owner of 95.501 kg of Amphetamine that was seized from Noida in October 2024, an official said on Sunday. "The office of Competent Authority and Administrator under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976) and Narcotic Drugs and Psychotropic Substances Act, 1985, h ...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 >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in a civil dispute between the parties by filing a first information report and seeking the help of the ...Read More >
New Delhi, July 19 (PTI) The Regional Medical Research Centre in Bhubaneswar, under the Indian Council of Medical Research (ICMR), has developed an advanced malaria vaccine that can prevent plasmodium falciparum infection in individuals and minimise community transmission. The ICMR Delhi has invited Expressions of Interest (EoI) from eligible organisations, companies and manufacturers enthusiastic about the Transfer of Technology for commercial production of "a recombinant chimeric multi-stage malaria vaccine (AdFalciVax) against plasmodium falciparum". ...Read More >
New Delhi: Delhi Police on Thursday destroyed over 1,629.4 kg of seized illicit drugs valued at Rs 3,274.5 crore in the international market. The destruction marked the culmination of the Nasha Mukt Bharat Pakhwada (Drug-Free India Fortnight), observed from June 12 to June 26.The destruction of the narcotics was done at the Biotic Waste Solutions in Jahangirpuri and was attended by the lieutenant governor and top brass of Delhi Police. The contraband included 961.9 kg of ganja, 542.9 kg of cocain ...Read More >
Agartala, Jun 28 (PTI) Tripura Chief Minister Manik Saha on Saturday exhorted various agencies to enhance security and surveillance in the state, given the current situation in Bangladesh. Tripura is surrounded by Bangladesh on three sides. Therefore, strengthening of security is needed, the chief minister said after inaugurating the state's first cyber police station here. "We all know the present situation in Bangladesh. There is a need to enhance security arrangements. The northeastern state has been made into a corridor for the smuggling of drugs and narcotic items. Infiltration from acr ...Read More >
Chandigarh: Over 22,000 narcotic smugglers have been arrested so far under a state-level campaign against drugs, officials said on Friday. Under the 'Yudh Nashian Virudh' (war against drugs) campaign, Punjab Police on Thursday arrested 113 drug smugglers and recovered 1.5 kg heroin, 5 kg opium, and 31,237 intoxicant pills from their possession. With this, the number of total drug smugglers arrested in 138 days of the campaign has reached 22,377. Special DGP (Law and Order) Arpit Shukla stated that over 180 police teams, comprising more than 1,300 police personnel, under the supervision of 93 ...Read More >
* Six IT professionals were arrested in a raid at a farmhouse near Hyderabad * The farmhouse was booked by IT professional Abhijit Banerjee for a birthday party * Police found drugs and foreign liquor being consumed at the celebration Did our AI summary help? Let us know. Switch To Beeps Mode Six IT professionals have been arrested after drugs were recovered during a raid at a farmhouse near Hyderabad. The farmhouse in Telangana's Rangareddy district was booked by an IT professional named ...Read More >
Mumbai: The Customs at Chhatrapati Shivaji Maharaj International Airport, Mumbai, arrested one passenger who smuggled 14.738 kg of suspected hydroponic weed (marijuana) worth approximately Rs 14.73 crore in a sealed envelope bearing fake Ministry of External Affairs (MEA) markings and sealed with official MEA tape.Acting on specific intelligence, Customs officials intercepted a passenger who arrived from Bangkok. Upon examining his baggage, officials discovered the contraband cleverly concealed inside envelopes bearing fake Ministry of External Affairs (MEA) markings and sealed with counterfei ...Read More >
Mumbai (Maharashtra) [India], August 3 (ANI): In a major crackdown on narcotics smuggling, officers of the Airport Commissionerate, Mumbai Customs Zone-III, have seized 14.738 kgs of suspected NDPS hydroponic weed (marijuana) valued at approximately Rs 14.73 crore during operations on Sunday. The seizures were made across Chhatrapati Shivaji Maharaj International Airport (CSMI), resulting in the arrest of one passenger, as stated in the press release. The passenger was arrested under the provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. Based on specific intel, ...Read More >
Those arrested have been identified as Vansh alias Billa (23), a resident of Billai Wala Chowk in Amritsar and Sonu Chaurasia (20), a resident of Dashmesh Nagar in Amritsar. The DGP said that further investigations are going on to establish backwards and forward linkages in this case. Sharing more details, Amritsar commissioner of police Gurpreet Singh Bhullar said that following reliable inputs about the involvement of accused Vansh in the smuggling of narcotics, police teams from CIA-Amritsar laid a trap and arrested him from the Mohkampura area and recovered 3.5kg heroin, 1.5kg methaqualo ...Read More >
Srinagar, Dec 4 (PTI) Jammu and Kashmir Police on Wednesday attached properties worth more than Rs 3 crore belonging to two alleged drug peddlers in Srinagar, officials said. "Reinforcing the ongoing efforts against drug peddlers/smugglers, police in Srinagar has attached properties worth more than Rs 3 crore belonging to two drug peddlers under Section 68 of the Narcotic Drugs and Psychotropic Substances (NDPS) Act," a police spokesman said. Giving details, he said the police attached a three-storey residential building belonging to Abdul Ahad Bhat at Banpora Batamaloo worth Rs 65 lakh. Bh ...Read More >
Amritsar (Punjab) [India], June 7 (ANI): BSF and the Anti-Narcotics Task Force (ANTF) conducted a well-coordinated, precise intelligence-based joint operation that led to the significant apprehension of three outlaws and the seizure of six pistols near an area adjacent to Khalsa College in Amritsar on Friday evening. The operation was planned, based on specific input regarding an arms deal being conducted in an area near Khalsa College. Intelligent surveillance, strategic positioning and discreet movement tracking by the joint team of BSF and ANTF resulted in the successful apprehension of th ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
Mumbai: In a significant move to combat the rising menace of drug abuse in the state, the Maharashtra government has introduced a bill to amend the Maharashtra Control of Organised Crime Act (MCOCA) in the Legislative Assembly. The proposed amendment aims to empower law enforcement agencies to take stronger action against organized drug trafficking networks. Minister of State for Home Affairs, Yogesh Kadam, presented the bill and highlighted the urgent need to protect the youth from falling prey to drug addiction. "This is not just a technical amendment to the law; it reflects our responsibi ...Read More >
Shimla (Himachal Pradesh) [India], July 12 (ANI): Himachal Pradesh's Revenue, Horticulture and Tribal Development Minister Jagat Singh Negi on Saturday underlined the state government's commitment to promoting the legal cultivation of cannabis (hemp) for medicinal and industrial purposes, emphasizing that 'drug-free cannabis can become a sustainable economic option for farmers, not a source of addiction.' Speaking to ANI a day after the seminar and exhibition at the historic Gaiety Theatre in Shimla, Negi said that the misconceptions about narcotics in industrial use need to be ended first. ...Read More >
Hyderabad: A coded WhatsApp message, "Bhai, baccha aa gaya", was all it took to alert consumers to collect ganja at the HDFC Bank branch in Gachibowli from a Maharashtra-based supplier. Acting on a tip-off, the EAGLE narcotics wing conducted a decoy operation on Saturday and caught 14 people red-handed as they tried to purchase the contraband. The accused include Naveen (31), an online trader; Ayush (22), a student; Nikhil (29), a racing engineer; Sindura (26), an architect; Hasan (34), a property manager; Kranti (28), an IT employee; Akhil (28), a dental technician; Shiva (32), a business re ...Read More >
Pune (Maharashtra) [India], July 18 (ANI): The Directorate of Revenue Intelligence (DRI), Pune, has arrested a foreign national woman for allegedly smuggling crystal methamphetamine worth Rs 7.63 crore, officials said. The seizure was made following a meticulously planned operation based on specific intelligence inputs, they added. According to a release, DRI Pune received a tip-off that a female foreign national would be travelling from Delhi to Bengaluru by bus, carrying psychotropic substances concealed in her luggage. Acting swiftly on this information, officers from DRI Pune Regional Un ...Read More >
Mumbai (Maharashtra) [India], August 3 (ANI): In a major crackdown on narcotics smuggling, officers of the Airport Commissionerate, Mumbai Customs Zone-III, have seized 14.738 kgs of suspected NDPS hydroponic weed (marijuana) valued at approximately Rs 14.73 crore during operations on Sunday. The seizures were made across Chhatrapati Shivaji Maharaj International Airport (CSMI), resulting in the arrest of one passenger, as stated in the press release. The passenger was arrested under the provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. 'Based on specific intel, ...Read More >
Mumbai Customs has arrested a traveller at the international airport here for allegedly trying to smuggle 15 kg of hydroponic weed with an estimated value of Rs 14.73 crore, officials said. The contraband was concealed in a packet labelled as 'Diplomatic Pouch of Ministry of External Affairs', officials said on Sunday. The traveller had landed at the Chhatrapati Shivaji Maharaj International Airport from Bangkok, an official said. "During the examination of his baggage, Customs officials recov ...Read More >
NEW DELHI: The Narcotics Control Bureau (NCB) has attached a flat and a factory premises worth Rs 9.20 crore in Uttar Pradesh's Noida of a "prime" accused involved in a 2024 trans-national drugs trafficking case linked to a Mexican cartel, officials said on Sunday. The officials said that the federal anti-narcotics agency has recently secured a confirmation on the attachment from the designated competent authority and administrator constituted under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (SAFEMA) and the Narcotic Drugs and Psychotropic Substances (NDPS) A ...Read More >
Bengaluru: Home Minister G Parameshwara on Thursday urged students not to ruin their lives by getting addicted to drugs, as they have a bright future ahead. He was speaking after inaugurating the International Day Against Drug Abuse and Illicit Trafficking event organised by the Bengaluru City Police at the Kanteerava Stadium here. Over the past year, narcotics worth Rs 45 crore, including 4,000 kg of marijuana, have been seized, the minister said. Noting the involvement of foreign students in the drug trade, he said that more than 200 foreign nationals have been deported. Parameshwara stated ...Read More >