Abtak Logo

Business News

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.

15
BusinessJun 29, 2025 03:16 AM

Nothing unusual in Rath continuing for 2nd day: Min | Bhubaneswar News - Times of India

Bhubaneswar: Rath Yatra in Puri turned into a political battleground with the govt and opposition locking horns over the annual event after pulling of chariots was stopped on Friday following massive surge in crowd. The journey to Gundicha Temple resumed on Saturday.While BJD president and former chief minister Naveen Patnaik called for "deep introspection" by the govt, former Odisha Congress president Prasad Harichandan sought judicial inquiry into the alleged "mismanagement". Law minister Prithiviraj Harichandan in turn accused the opposition of politicising the sacred event. "I don't want to speak about people resorting to dirty politics on Mahaprabhu. They have insulted the Lord with so many deviations in the past," Harichandran said, indirectly referring to inadequacies when BJD and Congress governed the state.Defending the delay in the chariots reaching the Gundicha Temple, Prithiviraj said it was nothing unusual. "Most years, the chariots are pulled on the second day as well. There are very few examples of Lord Jagannath's rath reaching the Gundicha Temple on the first day," he said.In contrast, Naveen expressed concern over the event's management. Highlighting past incidents, the former CM pointed to last year's mishap when Lord Balabhadra's idol slipped during the Adapa Bije Pahandi. This year, he noted, "Nandighosh rath (chariot of Lord Jagannath) was still standing at the Singhadwar till 7:45pm, only to move a few metres before the day ended", leaving devotees "disenchanted and disillusioned."Calling for introspection, Naveen wrote on X, "May Mahaprabhu Jagannath forgive all those responsible for the terrible mess that has overshadowed this divine festival this year."Pressing for a judicial probe after Niladri Bije, Prasad said the chariots seem to have been halted to accommodate corporate honchos. He also questioned the alleged issue of cordon pass to a woman friend of a blogger, who has come under scanner for suspected ISI links.

Comments

Similar News

39
PoliticsDec 03, 2024 10:43 PM

Odisha: BJD Leader Admits, Water Project Delays Caused Poll Setbacks

Bhubaneswar: The Winter Session of the Odisha Legislative Assembly on Tuesday witnessed intense discussions on Tuesday over delays in drinking water projects, with senior BJD MLA Badri Narayan Patra making a striking admission. During the Question Hour, Patra attributed the party's setbacks in the 2024 Assembly elections to voter dissatisfaction stemming from unfulfilled promises regarding drinking water infrastructure. "I have personally experienced voters' anger over the non-completion of promised projects before the elections. Candidates who narrowly lost felt the brunt of this frustration ...Read More >

32
1
PoliticsDec 10, 2024 05:11 PM

Women on dharna outside Assembly over non payment of salary, BJD raises issue in House

BJP member Manas Dutta blamed the previous BJD government and held it responsible for not extending their service agreement which ended in April, 2024. As hundreds of women working as support staff under the Mission Shakti department staged a demonstration outside the Assembly over different issues, the opposition BJD on Monday demanded immediate release of their salaries. While the agitating women were shouting slogans at the Mahatma Gandhi Road leading to the Assembly, the issue was raised in ...Read More >

22
PoliticsDec 18, 2024 05:08 PM

Patnaik calls BJD workers to raise voice against BJP's 'anti-people' policies, price rise

Bhubaneswar, Dec 18 (PTI) Ahead of BJD's 28th foundation day on December 26, its chief Naveen Patnaik on Wednesday urged members to remain dedicated to serving the people of Odisha, while the party announced a mass demonstration in Bhubaneswar on January 6 to highlight the price rise of essential commodities and other issues. Patnaik asked party supporters to "raise voice against the BJP government's 'anti-people' policies" and also highlight the impact of high inflation, which hits the poor and middle class. "The party leaders and workers need to create awareness among people on the state B ...Read More >

24
PoliticsMay 19, 2025 03:32 PM

Naveen Congratulates Indian Football Team on winning SAFF U19 Championship 2025 | News Room Odisha

Bhubaneswar: BJD President and Leader of Opposition in Odisha Assembly Naveen Patnaik has congratulated Indian Football Team on winning SAFF U19 Championship 2025 after defeating Bangladesh 4-3 in penalty shootout. "Congratulate Indian Football Team on winning SAFF U19 Championship 2025 after defeating Bangladesh 4-3 in penalty shootout. May the team continue its winning momentum and bring glory for the country. Best wishes", Naveen wrote on his 'X' handle. The Indian men's football team won the SAFF U19 Championship 2025 title after defeating Bangladesh 4-3 on penalties at the Golden Jubile ...Read More >

29
OtherPoliticsBusinessTechnologyJun 05, 2025 08:51 PM

Assam Congress seeks CBI probe into illegal mining

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 >

33
PoliticsBusinessEntertainmentJun 08, 2025 04:21 AM

Not invited: TTV Dhinakaran | Chennai News - Times of India

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 >

23

Axiom-4: With hugs and cheers, Shubhanshu Shukla floats in ISS- first visuals | India News - Times of India

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 >

35
BusinessJun 26, 2025 08:18 PM

India News | Bengal CM Mamata Banerjee Visits Lord Jagannath Temple in Digha | LatestLY

Digha (West Bengal) [India], June 26 (ANI): West Bengal Chief Minister Mamata Banerjee visited Lord Jagannath temple in Digha in West Bengal on Thursday, ahead of Jagannath Rath Yatra scheduled to start on June 27. CM Mamata Banerjee said, "Lord Jagannath temple has become a major place of pilgrimage. The Rath Yatra will be held on a 1 km route from 9 am to 4 pm tomorrow. The aarti will be performed at 2.30 pm. Our ministerial team has arrived here for this." Also Read | 'Dreamer and Disciplined': School Teachers Recall Fond Memories of Shubhanshu Shukla As Astronaut Becomes First Indian To ...Read More >

38
OtherJun 26, 2025 11:11 PM

Puri braces for world famous Rath Yatra starting Friday

Bhubaneswar, June 26 (SocialNews.XYZ) The city of Puri in Odisha is bracing for the famous Ratha Yatra, as holy siblings -- Lord Jagannath, his brother Balabhadra, and sister Subhadra -- prepare to embark on their nine-day sojourn from their abode, the 12th-century shrine, to Gundicha Temple on June 27. Devotees, gripped with ecstasy, will pull the chariots of Lord Jagannath, Balabhadra, and Subhadra -- Nandighosh, Taladhwaja, and Darpadalan respectively -- for around 3 km to the Gundicha Temple, believed by some legends to be the birthplace of the Chaturddha Murti (Lord Jagannath, Lord Balab ...Read More >

39
PoliticsDec 03, 2024 11:13 PM

BJD, Congress MLAs stage walkout from Odisha assembly over price rise of essential commodities - OrissaPOST

Bhubaneswar: Opposition BJD and Congress MLAs Tuesday staged a walkout from the Odisha assembly, accusing the ruling BJP of failing to control prices of essential commodities and resolve the potato crisis in the state. The issues were debated in the House over the admissibility of an adjournment motion moved by the Opposition on price rise of vegetables, pulses, edible oil and fuel. The opposition members took exception to comments made by Food Supplies and Consumer Welfare Minister K C Patra that adverse climate conditions, rates in international and domestic markets, and less production by ...Read More >

33
PoliticsDec 11, 2024 10:03 AM

BJP govt trying to stop Mission Shakti staff salary: Naveen

Bhubaneswar: The Odisha Assembly on Tuesday witnessed a noisy scene as Opposition BJD and Congress members held protests inside the House over alleged non-payment of salaries to around 60,000 women supporting staffers under the 'Mission Shakti' scheme. Leader of Opposition Naveen Patnaik accused the BJP government of "conspiring to stop" salaries of the 'Mission Shakti' staff. As soon as the Question Hour began, the BJD and Congress members trooped to the well of the House and demanded immediate release of salaries of around 60,000 women supporting staff working under the 'Mission Shakti' sch ...Read More >

28
BusinessJun 26, 2025 11:47 PM

Bengal CM Mamata Banerjee visits Lord Jagannath temple in Digha

Digha (West Bengal) [India], June 26 (ANI): West Bengal Chief Minister Mamata Banerjee visited Lord Jagannath temple in Digha in West Bengal on Thursday, ahead of Jagannath Rath Yatra scheduled to start on June 27. CM Mamata Banerjee said, 'Lord Jagannath temple has become a major place of pilgrimage. The Rath Yatra will be held on a 1 km route from 9 am to 4 pm tomorrow. The aarti will be performed at 2.30 pm. Our ministerial team has arrived here for this.' The Rs 250 crore temple in Digha, constructed over 20 acres, was inaugurated by West Bengal Chief Minister Mamata Banerjee on April 30 ...Read More >

34
OtherJun 09, 2025 07:50 AM

Odisha forms ministerial panel to ensure smooth Rath Yatra on June 27

The Odisha government has formed a high-level ministerial committee, headed by Deputy Chief Minister Pravati Parida, to ensure the smooth execution of the Rath Yatra in Puri on June 27. The committee will oversee all arrangements for the festival, expected to draw around 1.5 million attendees. Preparations are also underway for the Snan Yatra on June 11.The Odisha government has constituted a high-level ministerial committee to ensure the smooth conduct of the upcoming Rath Yatra of Lord Jagannat ...Read More >

31
PoliticsJan 28, 2025 11:59 PM

BJD members meet for pre-budget session talks | Bhubaneswar News - The Times of India

Bhubaneswar: BJD parliamentary party convened at Naveen Niwas on Tuesday, with Party supremo and leader of opposition Naveen Patnaik chairing a crucial pre-budget session meeting. The meeting, attended by all seven BJD Rajya Sabha members, started on a celebratory note as members congratulated Patnaik for steering Odisha to the top position in fiscal management nationwide, as per a recent survey. According to the NITI Aayog Fiscal Health Index Report-2025, Odisha achieved the highest overall fiscal health score of 67.8% in 2022-23, marking a remarkable turnaround from the state's financial b ...Read More >

36
PoliticsJun 06, 2025 02:19 AM

Moitra weds ex-BJD MP Misra in quiet Berlin ceremony | Kolkata News - Times of India

Kolkata/Bhubaneswar: Trinamool Krishnanagar MP Mahua Moitra tied the knot with former BJD MP Pinaki Misra on May 30 in a quiet ceremony in Berlin. The couple is expected to return to India by the end of June. After photographs of Moitra's wedding went viral on social media, the MP on Thursday evening posted on her X handle, "Thank you everyone for the love and good wishes!! So grateful."News of the wedding, kept under wraps for nearly a week, broke on social media with multiple photographs of the Berlin wedding. According to party sources, Moitra had informed the party leadership about her wed ...Read More >

22

BJP misusing agencies, FIR baseless: AAP | Delhi News - Times of India

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 >

30
1
PoliticsJun 27, 2025 05:37 AM

India News | Odisha: Puri Gears Up for Jagannath Rath Yatra with Robust Security, Advanced Surveillance Measures | LatestLY

Puri (Odisha) [India], June 27 (ANI): Preparations for the annual Jagannath Rath Yatra, set to commence on Friday in Puri, are in their final stages, with elaborate arrangements in place for the grand festival. District Magistrate Siddharth Swain and Superintendent of Police Vineet Agarwal provided updates on the planning underway to ensure a smooth and secure event. Also Read | Rahul Gandhi's Demand for Digital Voter List of 2024 Lok Sabha Elections and Vidhan Sabha Polls Legally Untenable, Say Experts. Officials stated that elaborate security arrangements have been made for the Yatra. Pu ...Read More >

16
PoliticsDec 03, 2024 10:28 PM

BJD team briefs Union minister on 'adverse impact' of dam project in Andhra Pradesh

Bhubaneswar, Dec 3 (PTI) A delegation of the Opposition BJD on Tuesday met Union Minister for Jal Shakti C R Patil and apprised him of the potential submergence of large areas in Odisha's Malkangiri district, due to construction of a multi-purpose project in neighbouring Andhra Pradesh. The delegation, led by senior leader Debi Prasad Mishra, also submitted a memorandum with the Ministry of Jal Shakti. The regional party in its memorandum mentioned that the Polavaram project is likely to impact the lives and livelihoods of thousands of tribal people, especially those from vulnerable and prim ...Read More >

19
OtherPoliticsBusinessJun 07, 2025 05:51 AM

Himanta visits Hailakandi, Sribhumi relief camps, vows timely infra repair | Guwahati News - Times of India

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 >

36
PoliticsJun 26, 2025 08:49 PM

West Bengal CM Mamata Banerjee flags EC's new electoral guidelines ahead of Bihar assembly polls

Kolkata: West Bengal Chief Minister Mamata Banerjee on Thursday raised questions over the fresh electoral roll revision guidelines issued by the Election Commission of India (ECI) ahead of Bihar assembly polls scheduled this year. Expressing apprehensions, Banerjee said that these fresh guidelines might be implemented in Bengal ahead of the assembly polls in 2026. Speaking to ET, Banerjee said that she has apprehensions that these guidelines may be even worse that National Register of Citizens (NRC), if implemented. "How will poor people get documents? Are they doing this to establish the NR ...Read More >

20
OtherPoliticsBusinessHealthJun 27, 2025 01:22 AM

Engineer arrested for LLB student's hit-and-run death in Gurgaon | Noida News - Times of India

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 >

35
OtherJun 28, 2025 05:50 AM

Mamata Banerjee inaugurates first Rath Yatra from new Jagannath temple

Thousands of pilgrims, including foreigners, congregated in Digha, West Bengal, for the Rath Yatra festival. The Chief Minister, along with cabinet members, initiated the chariot procession of Lord Jagannath, Balabhadra, and Subhadra. Rituals commenced in the morning with 'Pahandi Vijay' at the newly-built Jagannath Dham Temple, followed by the idols being placed on the chariots amid devotional chants and festivities.Thousands gathered from different parts of the state to attend the Rath Yatra fe ...Read More >

32
PoliticsJun 27, 2025 05:51 AM

West Bengal CM Mamata Banerjee flags EC's new electoral guidelines ahead of Bihar assembly polls

Kolkata: West Bengal Chief Minister Mamata Banerjee on Thursday raised questions over the fresh electoral roll revision guidelines issued by the Election Commission of India (ECI) ahead of Bihar assembly polls scheduled this year. Expressing apprehensions, Banerjee said that these fresh guidelines might be implemented in Bengal ahead of the assembly polls in 2026. Speaking to ET, Banerjee said that she has apprehensions that these guidelines may be even worse that National Register of Citizens ( ...Read More >

18
PoliticsJun 27, 2025 07:39 AM

India to Host 2029 World Police and Fire Games in Gujarat; CM Bhupendra Patel Says 'Big Step' Towards Making Ahmedabad 'The Sporting Capital of India' | LatestLY

Ahmedabad, June 27: Gujarat Chief Minister Bhupendra Patel expressed happiness at Gujarat securing the hosting bid for 2029 World Police & Fire Games (WPFG), saying that it is a "big step" towards making Ahmedabad "the sporting capital of India!". Taking to his X handle, Bhupendra Patel wrote, "Proud moment for Gujarat! India has won the bid to host the 2029 World Police & Fire Games (WPFG) in Ahmedabad, Gandhinagar & Ekta Nagar, following a comprehensive bid presentation to the WPFG Federation in Birmingham, USA. This global victory reflects the visionary leadership of Hon'ble PM Shri @narend ...Read More >

29
BusinessJun 26, 2025 07:57 PM

After Maha Kumbh Mela, Adani Group offers seva at Puri Rath Yatra

Puri (Odisha) [India], June 26 (ANI): After its vast and largely volunteer-led support effort to feed the multitude at the Maha Kumbh Mela in Prayagraj earlier this year, the Adani Group has now turned its attention to another of India's most iconic religious festivals -- the Rath Yatra in Puri, Odisha. Held annually at the Lord Jagannath Temple in Puri, the nine-day chariot procession draws millions of pilgrims from across the country and beyond. For the Adani Group, corporate social responsibility has always extended beyond infrastructure, education and healthcare. Increasingly, it includes ...Read More >

22
PoliticsDec 03, 2024 10:29 PM

India News | BJD Team Briefs Union Minister on 'adverse Impact' of Dam Project in Andhra Pradesh | LatestLY

Bhubaneswar, Dec 3 (PTI) A delegation of the Opposition BJD on Tuesday met Union Minister for Jal Shakti C R Patil and apprised him of the potential submergence of large areas in Odisha's Malkangiri district, due to construction of a multi-purpose project in neighbouring Andhra Pradesh. The delegation, led by senior leader Debi Prasad Mishra, also submitted a memorandum with the Ministry of Jal Shakti. Also Read | Pune Shocker: Bike Rider Dragged for 2 Kilometres on Bonnet of Car in Pimpri Chinchwad; 3 Booked. The regional party in its memorandum mentioned that the Polavaram project is like ...Read More >

28
EntertainmentJun 06, 2025 01:01 AM

Gundicha Temple gets a facelift ahead of Rath Yatra | Bhubaneswar News - Times of India

Bhubaneswar: Gundicha Temple, where the deities of Jagannath temple were born, is being prepared for a visual transformation through enhancement work before Rath Yatra on June 27."The beautification work includes stone-cladding of the outer boundary wall, landscaping and illumination arrangements to welcome the deities at their place of birth during Rath Yatra. The aesthetic transformation will give a visual delight to the deities and devotees," chief administrator of Shree Jagannath Temple Administration (SJTA), Arabinda Kumar Padhee told TOI.The temple's exterior boundary wall, previously co ...Read More >

20
BusinessJun 26, 2025 08:43 PM

Reliance launches multi-pronged efforts to enrich Rath Yatra experience for lakhs of devotees

Bhubaneswar: As Odisha gears up for the grand Rath Yatra, Reliance Industries Limited, in close collaboration with the Puri district administration, has launched a comprehensive series of efforts to ensure that visitors enjoy a safe, comfortable, and enriching journey. The annual chariot festival in Puri draws lakhs of devotees who gather to witness the majestic procession of Lord Jagannath, Balabhadra, and Subhadra from the Jagannath Temple to the Gundicha Temple. Honouring the spirit of seva, Reliance Foundation, with its characteristic We Care spirit, is proud to support this 13-day sacre ...Read More >

34
PoliticsJun 26, 2025 10:26 PM

Naveen Extends Rath Yatra Greetings to People of Odisha | News Room Odisha

Bhubaneswar: Biju Janata Dal President and Leader of Opposition in Assembly Naveen Patnaik has extended his warm greetings to the people on the auspicious occasion of Lord Jagannath's Rath Yatra. Naveen, who is currently undergoing treatment at Kokilaben Dhirubhai Ambani Hospital in Mumbai, extended his heartiest congratulations and best wishes to the people through a video message. Notably, Prime Minister Narendra Modi spoke with Naveen Patnaik, wishing him a speedy recovery and a swift return to public life. Leaders from various political parties and citizens across Odisha and outside hav ...Read More >

17
OtherJun 27, 2025 12:29 AM

Two silk city artists craft eco-friendly chariots, idols of Lord Jagannath | Bhubaneswar News - Times of India

Berhampur: Two artists from silk city have crafted eco-friendly miniature chariots and idols of Lord Jagannath using agarbatti (incense sticks), canes, and old newspapers ahead of Rath Yatra, which will be held on Friday.Hari Gobind Moharana, 56, an auto mechanic, created a 3.3-inch tall image of Lord Jagannath using incense sticks and watercolours. "I used nearly one kilogram of incense sticks for the idol. The process involved bundling the sticks, then shaping the deity's nose, hands, and other features by inserting the sticks precisely, and finally applying watercolours," said Moharana.He a ...Read More >