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 [India], June 28 (ANI): A multi-agency mega mock exercise was conducted at Rajiv Chowk Metro Station in Delhi during the intervening night of June 27 and 28, from 01:05 AM to 04:25 AM, to assess the preparedness and coordinated response of various agencies in the event of a major contingency. The drill imitated multiple high-risk scenarios, including a Chemical, Biological, Radiological and Nuclear (CBRN) attack, a terrorist strike, a hostage situation, and an IED blast. The primary objective of the drill was to evaluate the real-time coordination, crisis response, and operational readiness of the relevant agencies. A total of 594 personnel participated in the exercise, which saw the involvement of the Central Industrial Security Force (CISF), National Disaster Response Force (NDRF), National Security Guard (NSG), Delhi Metro Rail Corporation (DMRC), DMRP, Delhi Fire Service, Medical Services, DCD, Delhi Traffic Police, Delhi SWAT, Delhi Police, New Delhi Municipal Committee (NDMC), and the Intelligence Bureau. Senior officials, including G Shivakumar, DIG/DMRC, and Ashok Jalwaniya, Sr Commandant, were present during the exercise. The mock drill concluded with a debriefing session led by senior officers from the participating units. Earlier, a Joint team of NDRF (National Disaster Response Force), SDRF (State Disaster Response Force) and the Indian Army conducted a mock drill in view of flood prevention and rescue operations at Bada Talab in Madhya Pradesh's Bhopal on Friday. The mock drill aimed to ensure a quick and coordinated response in the event of an emergency, enhance efficiency in rescue and relief operations, and strengthen cooperation and coordination among various agencies. During the joint exercise, relief, search, and rescue operations were demonstrated, taking into account the scenario of a flood. The team practised dealing with emergency situations, such as evacuating people trapped on the island, rescuing those trapped in houses or trees, and saving them with the help of boats and ropes. The team of NDRF-SDRF and army personnel demonstrated their preparations using flood relief equipment and modern techniques. Additional Chief Secretary (ACS, Home) J N Kansotiya said, 'Today, a mock drill was conducted by our Army and SDRF (State Disaster Response Force) team. Efforts were made to deal with flood situations and to rescue people affected by them. Different situations were created in this mock drill, such as rescuing someone stuck on an island or trapped in a house surrounded by water or trees. Our army personnel performed the exercises in the mock drill.' The civil administration takes the assistance of the Army when required during field operations, which helps in saving the lives of people. The SDRF team also gets help with it, he added. (ANI)
New Delhi [India], November 26 (ANI): Spiritual guru and founder of the Isha Foundation, Sadhguru, on Tuesday came out strongly and expressed grave concern over the arrest of Chinmoy Krishna Das, a prominent ISKCON leader in Bangladesh. Taking to social media platform X, Sadhguru highlighted the shift from a democratic to a theocratic and autocratic system in Bangladesh, stressing the importance of understanding the value of an open democracy. He pointed out that persecution based on religion or demographic weaknesses is not in line with democratic ideals. Also Read | UK Horror: Transgender ...Read More >
Mumbai (Maharashtra) [India], December 4 (ANI): BJP leader Devendra Fadnavis, Shiv Sena chief Eknath Shinde and NCP chief Ajit Pawar on Wednesday met Governor CP Radhakrishnan to stake claim to form the Mahayuti government. BJP's Central Observers for the state, Union Minister Nirmala Sitharaman and Vijay Rupani were also present at the meet. Also Read | Stock Market Today: Indian Stock Market Ends in Green, All Eyes on RBI's MPC Decision on Repo Rate. Fadnavis is scheduled to take oath as the Chief Minister on December 5 after being unanimously chosen as Leader of Maharashtra BJP Legislati ...Read More >
Hyderabad: Principal Secretary to Government, Municipal Administration and Urban Development (MA&UD) department M Dana Kishore has been given full additional charge (FAC) for the post of principal secretary to the Governor. With Kishore taking charge, B Venkatesham, who was serving the post earlier, has been relieved, said a statement from chief secretary A Santhi Kumari. On December 2, Dana Kishore, an Indian Administrative Service (IAS) officer from the 1996 batch, was appointed as the nodal officer tasked with coordinating efforts across various departments for projects related to the Osm ...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 >
The Reserve Bank of India (RBI) on Friday received the second bomb threat in less than a month. The Reserve Bank of India (RBI) on Friday received the second bomb threat in less than a month, which was reportedly delivered via email in Russian language to the bank's official website. Acting on the bank's complaint, the Mumbai Police launched an investigation and filed a case against an unknown individual at the Mata Ramabai Marg (MRA Marg) police station. The Zone 1 DCP of the Mumbai Police sa ...Read More >
Khordha (Odisha): A severe cold wave gripped northern Odisha on Sunday, with the Mayurbhanj in the northern part of the State bearing the brunt of the intense chill with Ramatirtha area in the district recording as low as -10 degrees Celsius. According to the Forest Department, temperatures while other areas such as Gurguria and Barehipani recorded 6 degrees Celsius, Chahala 4 degrees Celsius, Nawana -5 degrees Celsius, and Upper Baraha Kamuda (UBK) -3 degrees Celsius. Statement Of IMD Scientist Dr Soma Sen Roy On Saturday, IMD scientist Dr Soma Sen Roy said that the cold wave will last for ...Read More >
Khordha (Odisha) [India], December 15 (ANI): A severe cold wave gripped northern Odisha on Sunday, with the Mayurbhanj in the northern part of the State bearing the brunt of the intense chill with Ramatirtha area in the district recording as low as -10 degrees Celsius. According to the Forest Department, temperatures while other areas such as Gurguria and Barehipani recorded 6 degrees Celsius, Chahala 4 degrees Celsius, Nawana -5 degrees Celsius, and Upper Baraha Kamuda (UBK) -3 degrees Celsius. Also Read | CAT 2024 Results: IIM Calcutta Likely To Release CAT 2024 Results Today at iimcat.ac. ...Read More >
In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...Read More >
Hyderabad, December 4: After an earthquake of 5.3 magnitude hit the Mulugu district of Telangana on Wednesday morning, Dr Prakash Kumar, Director of CSIR-NGRI said that the state capital is generally considered as a stable and low-risk area for seismic activity, making an earthquake of this magnitude rare for the region. The official said that since Hyderabad is not in a major seismic zone, such an event may not pose immediate cause for alarm, but it is still valuable to monitor the scientific background behind it. Earthquake in Telangana: Quake of Magnitude 5.3 on Richter Scale Hits Mulugu, ...Read More >
New Delhi, [India], December 11 (ANI): The Supreme Court has expressed concern over the growing tendency to misuse Section 498A of the Indian Penal Code (IPC), which penalises cruelty by husbands and their relatives against married women. While quashing a Section 498A IPC case against a husband and his parents, a bench of Justices BV Nagarathna and N Kotiswar Singh said that the Section became a tool for unleashing personal vendetta against the husband and his family by a wife. Also Read | RBI Will Remain Alert and Agile to Meet Challenges, Says New Governor Sanjay Malhotra (Watch Video). " ...Read More >
Hyderabad: The Telangana government will introduce a facial recognition-based attendance system at the State Secretariat starting December 12. A total of 60 devices will be installed on each floor near every lift and at the entrance of each department housed in the building. Chief Secretary Santhi Kumari issued official orders mandating the new system's implementation. According to the directive, the system will apply to all officers and staff working across various departments within the Secret ...Read More >
TNCC president K Selvaperunthagai described the passing of Elangovan as "a huge loss". Senior Congress leader and former Union Minister E V K S Elangovan died due to age-related ailments at a private hospital here on Saturday, the hospital said. He was 75. The legislator from Erode East constituency has not been keeping well for over a month. He was admitted to a hospital here on November 11. "He passed away today despite the best efforts of the medical staff," the hospital said. TNCC preside ...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: The Border Security Force (BSF) has completed the deployment of two fresh battalions, comprising more than 2,000 personnel, in the Jammu region to better plug infiltration from across the Pakistan front and check the recent spurt of terrorist activities in the area. Officials in the security establishment told PTI that the new troops of these units have been deployed "in depth areas" as the "second line of defence" just behind the BSF border deployment along the international border (IB) with Pakistan. These two BSF battalions were recently withdrawn from the anti-Naxal operations ...Read More >
New Delhi [India], December 4 (ANI): The Enforcement Directorate (ED) seized cryptocurrency worth Rs 1.36 crore (USDT) from private wallets, along with unexplained cash amounting to Rs 47 lakh, during an investigation into a major money laundering case. The case pertains to cyber fraud involving illegal proceeds of approximately Rs 640 crore, generated through betting, gambling, part-time job scams, and phishing operations. The ED also recovered various incriminating documents linked to the fraud during its crackdown. Also Read | Banking Laws (Amendment) Bill, 2024 Set To Boost Consumer Expe ...Read More >
Itanagar, Dec 5 (PTI) The Arunachal Pradesh government has inked a memorandum of agreement (MoA) with the Indian Army for the maintenance and upkeep of the Major Ralengnao Bob Khathing Museum of Valour in Tawang district. The memorandum was signed by Tawang Deputy Commissioner Kangki Darang and Brigadier VS Rajput of the 190 Mountain Brigade on Wednesday in the presence of Chief Minister Pema Khandu. With this agreement, the museum will be effectively managed solely by the Indian Army, an official statement said here on Thursday. On the occasion, Khandu paid tributes to Sardar Vallabhbhai P ...Read More >
Indian Army Chief General Upendra Dwivedi stated that the army has shifted Jammu and Kashmir's focus from "terrorism to tourism" while working towards 'Viksit Bharat 2047.' He emphasized the army's contribution to national security, development, and disaster relief, highlighting its role in achieving a "Progressive" and "Peaceful" India.Chief of Army Staff (COAS), General Upendra Dwivedi said that while moving towards the goal of 'Viksit Bharat 2047,' the army has been able to transform the idea of Jammu and Kashmir from "terrorism to tourism." While addressing an event at Savitribai Phule Pu ...Read More >
New Delhi [India], December 3 (ANI): The National Investigation Agency (NIA) chargesheeted another accused in the Magadh (Zone) CPI (Maoist) revival attempts case, the agency said in a statement. Binod Shankar alias Vinod Shankar Singh, a resident of Kaimur district of Bihar, is the 6th accused to be chargesheeted in the case, the agency said. The chargesheet was filed on Monday. Also Read | Pune: Doctors Perform Rare Laser Surgery on Woman Pregnant With Monoamniotic Twins To Save Healthy Foetus at KEM Hospital. A supplementary chargesheet has been filed against him under various sections o ...Read More >
Guwahati (Assam) [India], December 11 (ANI): The Combined Annual Training Camp (CATC)-151 for NCC girl cadets of the 60 Assam Girls Battalion and other units under NCC Group Headquarters, Guwahati, commenced on December 9 and will continue until December 18. According to the Defence Public Relations Officer (PRO), the camp aims to promote leadership, discipline, and national pride. The PRO's statement read: "The Combined Annual Training Camp (CATC)-151 of NCC cadets of 60 Assam Girls Bn NCC, Guwahati, and other units of NCC Group Headquarters, Guwahati, under NCC Directorate NER, Shillong, b ...Read More >
Bhubaneswar: Prime Minister Narendra Modi is scheduled to visit Odisha for three days, from November 29 to December 1, to attend the annual Director General of Police (DGP) conference in Bhubaneswar. Union home minister Amit Shah will accompany him at the event, which will be held at the convention hall of Odisha Lok Seva Bhawan (State Secretariat). PM Modi and Shah are expected to arrive in Bhubaneswar on Friday afternoon. Elaborate security arrangements have been made for the high-profile visit, with the city placed on high alert. Areas surrounding the event venues have been declared 'no-f ...Read More >
New Delhi [India], December 10 (ANI): Delhi Chief Minister Atishi on Tuesday raised concerns about the Rajouri Garden based Jungle Jamboree restaurant's safety record after a fire broke out on Monday spreading to the coaching centre above it. The Delhi CM visited the fire incident site of Rajouri Garden and took stock of the situation saying that the fire NOC of the restaurant had been cancelled by the Fire Department, and the Municipal Corporation of Delhi (MCD) had also ordered its closure. Despite this, the restaurant was still operating, prompting an investigation by the Delhi Police. Pr ...Read More >
Aryan Meena, who lived in the Dausa district of Rajasthan state, was trapped in the narrow well for three days after falling into it while playing on Monday afternoon. The boy, wearing pants and a t-shirt, had to endure plummeting winter temperatures inside the well as well as hunger and thirst. Children and even adult people dying from falling into open borewells is not uncommon in rural India where they are dug to pump water for irrigation and drinking and left abandoned after they run dry. ...Read More >
Mumbai: Chief minister Devendra Fadnavis said on Thursday that he held discussions on cabinet expansion with union home minister Amit Shah, party national president J P Nadda, and the party national general secretary B L Santhosh on Wednesday night. Fadnavis was on a two-day visit to Delhi days after being sworn in as chief minister. He met President Draupudi Murmu, PM Narendra Modi, defence minister Rajnath Singh and union road transport minister Nitin Gadkari. He also presented five different ...Read More >
New Delhi [India], December 12 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Thursday met Union Home Minister Amit Shah at his residence in the National Capital and presented him with an idol of Vinayak Damodar Savarkar. "It was an absolute pleasure to meet and interact with Hon Union and Cooperation Minister Amitbhai Shah at his residence in New Delhi. Also presented him a 'murti' of SwatantryaVeer Vinayak Damodar Savarkar," the Chief Minister posted on X (formerly Twitter). Also Read | RRB JE Exam 2024 Admit Card Out at rrbapply.gov.in: Hall Ticket for 7,951 Junior Engineer Posts ...Read More >
New Delhi [India], December 15 (ANI): Ministry of Development of North Eastern Region is set to host the Northeast Trade and Investment Roadshow in Mumbai on Monday. The event will be addressed by Jyotiraditya M. Scindia, Union Minister for MDoNER, along with Tripura Chief Minister Manik Saha, Maeghalya Chief Minister Conrad Sangma. Chanchal Kumar, Secretary, MDoNER, and Monalisa Dash, Joint Secretary, MDoNER, will also attend, alongwith senior representatives from various northeast states. The Roadshow will feature B2G meetings, offering a unique opportunity for potential investors to inte ...Read More >
JAMMU, Nov 17: Lieutenant Governor, Manoj Sinha chaired a high-level meeting of senior civil, police officials and DCs, SSPs of Jammu Division to review the progress of development projects and security situation in the region. Follow the Daily Excelsior channel on WhatsApp The meeting was attended by Chief Secretary, Atal Dulloo; DGP, Nalin Prabhat; Principal Secretary, Home, Chandraker Bharti; ADGP (Law & Order) Vijay Kumar; ADGP, Jammu, Anand Jain; ADGP, CID, Nitish Kumar; Principal Secretary to Lieutenant Governor, Shri Mandeep Bhandari; Divisional Commissioner, Jammu, Ramesh Kumar; DIGs ...Read More >
New Delhi [India], November 29 (ANI): Aam Aadmi Party MPs on Friay staged a protest in the premises of the Parliament, alleging deteriorating law and order situation in the national capital. The protest was held by AAP leaders Sanjay Singh, Raghav Chadha, Sandeep Pathak and other party leaders. On Thursday, an explosion was reported in Delhi's Prashant Vihar on Thursday. Fire tenders were at rushed to the site and teams of National Security Guard (NSG) commandos Delhi Police Crime Branch, Special Cell and Bomb Disposal Squad also reached. A high alert was sounded in the national capital afte ...Read More >
New Delhi [India], December 3 (ANI): Congress MP Priyanka Gandhi Vadra on Tuesday expressed her sorrow over the havoc wreaked by Cyclone Fengal in south India including Tamil Nadu and Puducherry. Offering her condolences to those who lost their loved ones, Vadra appealed to the Congress workers to work with the administration in relief work amid the crisis. "Deeply saddened by the devastation caused by Cyclone Fengal in Tamil Nadu and Puducherry. My prayers are with those who have lost loved ones and those facing immense loss and hardship. I appeal to all Congress workers to join hands with ...Read More >
The Supreme Court has directed all states and union territories to form internal complaints committees in all government departments and undertakings by specific deadlines. This directive aims to ensure uniform compliance with the POSH Act across the country, highlighting lapses in its enforcement and mandating surveys and reports on adherence.With a view to ensure a nationwide compliance of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, the Supreme Court on Tuesday directed all states and union territories to constitute an internal complaints co ...Read More >
New Delhi [India], December 4 (ANI): Shiromani Akali Dal (SAD) leader Naresh Gujral dubbed the attack on party leader and former Chief Minister Sukhbir Singh Badal as an "attack by extremists on the moderate forces of Punjab" and called for a probe by the National Investigation Agency (NIA) into the matter. Speaking to ANI on Wednesday, the SAD leader also alleged that the attacker has 'Khalistani connections,' and that the incident was an attempt to "destabilise" Punjab. Also Read | Banda Road Accident: 12-Year-Old Among 3 Killed As Unidentified Vehicle Hits Auto-Rickshaw in Uttar Pradesh. ...Read More >