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: Two foreign nationals from Indonesia carrying 21kgs of hydroponic cannabis (Hydro Ganja) valued at Rs21 crore in the international drug market have been arrested by the Oshiwara police. Officials from the police station were alerted about an illegal drug deal set to take place within the police jurisdiction. The two were booked under the Narcotic Drugs and Psychotropic Substances Act. Further investigations are going on. TNN
New Delhi [India], February 7 (ANI): The Delhi High Court on Friday reserved the order on an application moved by Baramulla MP Engineer Rashid seeking custody parole to attend ongoing parliament session amidst jurisdictional row. However, the National Investigation Agency (NIA), while opposing the custody parole, stated that Rashid Engineer does not need to respond to any questions. They emphasized that this request is generic and pointed out that Engineer has no speech to deliver. Senior Advocate Sidharth Luthra appeared for NIA also argued that taking an oath and campaigning are separate m ...Read More >
Chennai: Hours before Union home minister Amit Shah was to arrive in Madurai, Thuglak editor and an associate of Shah, S Gurumurthy on Saturday met PMK founder S Ramadoss. The PMK leader, however, ruled out the possibility of meeting Amit Shah during his two-day visit to Tamil Nadu.Gurumurthy met Ramadoss for the second time amid reported tension within PMK regarding alliance strategies and insistence by Anbumani Ramadoss to remain party president. The hour-long meeting took place at the T Nagar residence of A K Vijay Mahesh, son of former Union minister and PMK leader A K Moorthy, sources sai ...Read More >
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 >
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: The Indian Medical Association (IMA), Haryana, to suspend Ayushman Bharat scheme services across the state from February 3, citing pending government reimbursements amounting to Rs 400 crore. "We have been again approached by all empanelled hospitals of Haryana to act on their behalf and inform you that if following demands are not met soon, they will be forced to suspend Ayushman services from 3rd February 2025," a statement released by the association read. Approximately 1,300 hospitals in Haryana, including 600 private facilities, are empaneled under the Ayushman Bharat scheme. ...Read More >
Bengaluru: A massive investment scam using a fake app named Trump Hotel Rental has duped over 800 investors across Karnataka, with more than 200 filing complaints after collectively losing nearly Rs 2 crore. The app, which used AI-generated videos and images of former US President Donald Trump to appear legitimate, has now been taken down. Authorities say the fraud operated for at least 5-6 months before being exposed. AI-Backed Scam Promised Sky-High Returns According to cybercrime officials, the now-defunct app lured users with fake promises of remote job opportunities and lucrative inves ...Read More >
Allu Arjun is one of the biggest names in the Telugu film industry. The mass hero enjoys a massive fan following because of his charismatic screen presence and engaging performances. He is currently in the limelight because of Pushpa 2, which hit the screens on December 5 and opened to an earth-shattering response at the box office. Amid this, a photo of Bunny from a wedding has become the talk of the town. Allu Arjun, the star of films such as DJ and Pushpa, recently attended a wedding in Hyder ...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 >
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 >
New Delhi [India], July 3 (ANI): The Enforcement Directorate (ED) has frozen Rs 12.71 crore in bank balances, fixed deposits, mutual funds and seized cash amounting to Rs 26 lakh apart from large number of incriminating documents and devices during searches conducted at 16 different locations across Mumbai in Vasai Virar Municipal Corporation (VVMC) scam, the agency said on Thursday. ED's Mumbai zonal office took the action during the raids carried out under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, on July 1 in the case. Also Read | Gujarat Human Trafficking Cas ...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 >
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 >
Thrissur (Kerala) [India], June 7 (ANI): Union Minister of State for Tourism & Petroleum and Natural Gas, Suresh Gopi, met actor Shine Tom Chacko at a private hospital in Thrissur. Malayalam actor Chacko was admitted to the hospital after he met with a road accident in Madurai, Tamil Nadu. Chacko and his family were in a car accident, in which the actor lost his father. South India International Movies Awards (SIIMA) took to X and extended condolences to Chacko and his family. SIIMA wrote, 'Malayalam actor Shine Tom Chacko was injured in a tragic car accident near Dharmapuri, Tamil Nadu. T ...Read More >
Kochi (Kerala) [India], June 26 (ANI): As part of the International Day against Drug Abuse and Illicit Trafficking, the Commissionerate of Customs (Preventive), Kochi, has conducted an awareness campaign for school children under 'Mission Drug Free India'. Shaikh Khader Rahaman, Chief Commissioner, Central Tax, Central Excise and Customs, Thiruvananthapuram Zone, inaugurated the function, and T Tiju, Commissioner, CCP,Kochi, conducted an Awareness Session for the students at the Govt. Higher Secondary School for Girls, Ernakulam. Also Read | Will You Lose Your EPFO Pension From August If You ...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 >
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 >
NEW DELHI: Rashtriya Janata Dal (RJD) leader Tejashwi Yadav on Friday slammed Prime Minister Narendra Modi and Bihar CM Nitish Kumar, accusing them of trying to erase the names of poor and marginalised voters from the electoral rolls."The Election Commission has suddenly announced a special intensive revision. This means that the voter list published in February, which had the latest additions and deletions, has now been set aside."He said that the entire list of eight crore Bihari voters has been sidelined, and now a fresh voter list will be created from scratch.He raised doubts over why this ...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 >
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 >
Navi Mumbai: In a bid to meet the projected water demand of 1,257 million litres per day (MLD) by the year 2050, the City and Industrial Development Corporation (CIDCO) has embarked on a series of critical water infrastructure projects across Navi Mumbai. These initiatives aim to support the city's rapid development and ensure sustainable water supply to areas under CIDCO's jurisdiction, a statement released by the planning authority on Friday, said. One of the key initiatives is the augmentation of the Hetawane Water Supply Scheme, which is currently progressing in four phases and is expect ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
NEW DELHI: The Delhi high court on Thursday dismissed Bollywood actor Jacqueline Fernandez's petition seeking to quash the money laundering case filed against her by the Enforcement Directorate (ED) in connection with alleged gifts received from conman Sukesh Chandrashekhar. Chandrasekhar and his wife Leena Paulose were arrested and are also accused under the MCOCA.The court, after hearing arguments from both sides, declined to interfere in the ongoing trial proceedings. Justice Anish Dayal pronounced the order, while the detailed judgment will be uploaded in due course.Jacqueline Fernandez ha ...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 >
BENGALURU: BBMP marshals deployed at lake security and supervision wing, ward monitoring and Indira Canteens are working without salaries since March. The situation has arisen after Bangalore Solid Waste Management Limited was carved out of BBMP for garbage management. Their salaries are usually given through the Ex-Servicemen Welfare Society and each marshal is paid Rs 17,500 monthly. "Supervisors say the delay is due to a set of procedures. Earlier, the amount was given to the Ex-Servicemen Welfare Society towards payments from BBMP. Now the files have to be cleared from BWSML to ward mars ...Read More >
Mumbai, July 3 (SocialNews.XYZ) Maharashtra Chief Minister Devendra Fadnavis on Thursday said that hydro ganja is proving to be a big challenge for the government, and since it has been legalised in Thailand and America, cases of it being sent via parcel are increasing. He told the state council that the state has written to reduce the commercial quantity of drugs in the rules, which can lead to longer jail terms for the peddlers. "Hydro ganja is proving to be a challenge. Thailand and the US have made it legal. So, hydro ganja is being pushed into the country through courier services and ot ...Read More >
On November 16, Nayanthara lashed out at Dhanush for sending her a legal notice and demanding Rs 10 crore. Actor Dhanush has filed a civil lawsuit against Nayanthara, accusing her of using footage from his production Naanum Rowdy Dhaan in her Netflix documentary without his consent. According to The Hindu, the lawsuit was filed in the Madras High Court and names both Nayanthara and her husband, filmmaker Vignesh Sivan, as defendants. Wunderbar Films has filed an application with the Madras High Court requesting permission, under Clause 12 of the Letters Patent, to include Los Gatos Productio ...Read More >
NEW DELHI: Railway minister Ashwini Vaishnaw on Wednesday suggested that Congress MP Shashi Tharoor should consider sitting on a dharna to push for land acquisition for the Nemom railway terminal project in Thiruvananthapuram. Vaishnaw's comment came in response to Tharoor's concerns about delays and inadequate funding for the project, which aims to ease congestion on the railway line leading to Thiruvananthapuram Central. During the Question Hour, Tharoor, who represents Thiruvananthapuram, expressed frustration over the stalled project, highlighting that only Rs 7 crore had been released o ...Read More >
Bhopal, June 5 (SocialNews.XYZ) Senior BJP leader and Madhya Pradesh Cabinet Minister for Urban Development, Housing and Parliamentary affairs, Kailash Vijayvargiya stirred controversy on Thursday with remarks disapproving of women wearing short outfits, asserting that such a trend is a foreign concept of beauty and not aligned with Indian tradition. A six-time legislator and a state government minister, Vijayvargiya emphasised that in Indian culture, women are regarded as a form of Goddess and should dress in a manner that reflects grace and dignity. Comparing cultural perspectives, he stat ...Read More >
Nagpur: Warrior king Chhatrapati Shivaji Maharaj belonged to the entire country, but British history tried to confine him as a regional icon, said BJP leader and Rajya Sabha MP Sudhanshu Trivedi, who was in Nagpur on Friday to attend an event marking the 351st anniversary of Shivaji Maharaj's coronation. Trivedi told TOI at the event organized by Shivaji Maharaj Kruti Samiti that Shivaji Maharaj's contribution in 'safeguarding' the southern part of India from Mughal invasion must not be forgotten.Trivedi said, "Shivaji Maharaj belonged to all of us, entire country. Unfortunately, the British p ...Read More >