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.
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Puri stampede: Investigation into the stampede that claimed three lives and injured over a dozen others on Sunday (Jun 29) morning is underway. As per reports, two officials have been suspended for negligence of their duty, while another two have been transferred in the aftermath of the tragic crowd crush that happened in Puri during the Jagannath Rath Yatra. According to an ANI report citing the Odisha CMO, Puri District Collector and SP have been transferred. Meanwhile, DCP Vishnu Pati and Commandant Ajay Padhi have been suspended for negligence of duty.
Bengaluru (Karnataka) [India], December 13: IIFL Capital Services Limited (formerly IIFL Securities Limited) today announced the unveiling of its state-of-the-art office in Bengaluru, dedicated to wealth management services for High Networth Individuals (HNIs) and Ultra High Networth Individuals (UHNIs). IIFL Capital Services is one of the largest wealth managers in India, with about $30 billion (Rs 2.5 lac crore) worth of assets under management, advice and custody. Also Read | Big score is just around the corner for Steve Smith, Skipper Pat Cummins Backs Star Batter Ahead of IND vs AUS 3rd ...Read More >
Seven Maoists including two women were killed in an encounter with security forces in Chhattisgarh's Narayanpur district on Thursday, a senior police official said. IMAGE: District Reserve Guards of the Chhattisgarh police celebrate after an anti-Maoist operation in Sukma, Chhattisgarh, November 22, 2024.Photograph: ANI Photo The gunfight broke out around 3 am in the forest of south Abujhmad along the border of Narayanpur and Dantewada districts, inspector general of police (Bastar Range) Sunda ...Read More >
A temple locked since 1978 communal riots in Sambhal, Uttar Pradesh, has been reopened by authorities during an anti-encroachment drive. The Bhasma Shankar temple, containing idols of Lord Hanuman and a Shivling, was rediscovered during an electricity theft inspection. This follows recent violence and heightened tensions in the area, including a mosque survey dispute and loudspeaker fine.The Sambhal administration here on Saturday uncovered and reopened a temple, which is said to have been closed ...Read More >
Sambhal (Uttar Pradesh) [India], January 2 (ANI): The court commissioner submitted his survey report in Chandausi Court in the Sambhal Jama Masjid-Harihar case on Thursday. Tensions in Sambhal have been high since November 19, when a local court ordered a survey of the mosque. Clashes between protestors and police over the court-ordered survey of the Jama Masjid resulted in four deaths. Also Read | Karnataka Contractor Suicide Row: BJP Sends Sachin Panchal's Death Note to Lok Sabha LoP Rahul Gandhi; Congress Leader Priyank Kharge Says 'Party Set for Humiliation'. On December 30, a delegatio ...Read More >
Jalgaon (Maharashtra) [India], January 22 (ANI): The death toll in the Jalgaon train accident has risen to 11, with six others injured after the Karnataka Express hit passengers of the Pushpak Express on Wednesday, a senior official confirmed. According to initial reports, the passengers had stepped out of their coaches due to a suspected fire on the Pushpak Express. While they were on the tracks, the Karnataka Express arrived on the adjacent track and hit them. Also Read | Suicide Pact Tragedy: Pregnant Teenage Girl Jumps off 3rd Floor of Building in Surat, Lover Who Backs Out at Last Secon ...Read More >
New Delhi [India], January 31 (ANI): Bharatiya Janata Party (BJP) candidate Parvesh Verma on Friday filed a complaint with ACB against Aam Aadmi Party leader and former Delhi Chief Minister Arvind Kejriwal, alleging corruption concerning Delhi Sports University (DSU). Verma, who is contesting Delhi polls from the New Delhi seat against Kejriwal, in his complaint alleged "corrupt misappropriation of public funds" through "the abuse of official positions to gain wrongful benefits". The complaint has been filed with the Anti-Corruption Branch (ACB) of the Delhi government. Verma's advocate, Vi ...Read More >
BENGALURU: Marketing and Revenue Head of the Royal Challengers Bengaluru (RCB), Nikhil Sosale, on Friday approached Karnataka High Court challenging his arrest in connection with the stampede at Bengaluru's M Chinnaswamy Stadium during the RCB's victory celebration. Sosale was arrested by the Bengaluru Police in the early hours of June 6 (Friday). He has contended that the arrest was illegal, arbitrary and not in accordance with the law. He claimed that he was arrested without any materials and even before the police had conducted a preliminary enquiry. He has thus sought to declare his arr ...Read More >
Patna (Bihar) [India], January 22 (ANI): A firing incident has been reported at former MLA from Mokama seat in Patna, Anant Singh on Wednesday evening. The police have initiated an investigation to find out the accused. As per the reports, the former MLA escaped unhurt in the incident. Also Read | 'Deeply Distressing': Maharashtra CM Devendra Fadnavis Mourns Loss of Lives After 8 Killed, Several Injured in Jalgaon Train Tragedy. According to the police, Singh came to the Nauranga Jalalpur village when the attack occurred. Assistant Superintendent of Police (ASP), Rakesh Kumar said that the ...Read More >
Bengaluru (Karnataka) [India], June 6 (ANI): A complaint has been filed against cricketer Virat Kohli at the Cubbon Park Police Station in connection with the June 4 stampede near Bengaluru's Chinnaswamy Stadium that claimed 11 lives and left dozens injured. The complainant, social activist HM Venkatesh, accused Kohli of promoting what he described as "gambling through IPL," alleging it incited the massive crowd that led to the tragedy. Also Read | PM Narendra Modi's Panch Pran Initiative Inspired by Shivaji Maharaj's Hindavi Swaraj, Says Jyotiraditya Scindia. Police said the complaint will ...Read More >
Chhattisgarh (Bastar), Dec 12 (UNI) Seven Naxals were killed in an encounter with the security forces in the South Abujhmarh area of Chhattisgarh's Narayanpur district in the wee hours of Thursday. So far, seven bodies have been recovered, including that of a top Naxalite, who was part of the red ultras' Central Committee. Since 3 am, there has been intermittent firing between security forces and the Naxals, police said. According to the police, a joint team of the Special Task Force, Central Reserve Police Force, and District Reserve Guard from Narayanpur, Dantewada, Jagdalpur, and Kondagao ...Read More >
Also Read | Sambhal sparks rift: INDIA bloc allies face leadership turmoil? "Multiple encroachments are being seen around the area," Sambhal DM Rajendra Pensia told ANI. Pensia said, "There was encroachment on roads, sewers, water bodies, and that too for a long time. We are undertaking an 'abhiyan' (drive) to fix it. We launched a campaign in Chandausi and we had decided we would start the campaign here in November. But we could not start." The DM stated the anti-encroachment drive will conti ...Read More >
Hyderabad (Telangana) [India], December 26 (ANI): A meeting between Telangana Chief Minister Revanth Reddy and directors, producers, and actors from the Tollywood industry is underway at Telangana State Police Command and Control Centre at Banjara Hills in Hyderabad. The delegation of influential people from Tollywood is led by Telangana Film Development Corporation (FDC) chairman Dil Raju. Among other attendees are actors like Nagarjuna, Varun Tej, Sai Dharam Tej, Kalyan Ram, Shiva Balaji, Adavi Sesh, Nithin, and Venkatesh. Also Read | Agra Shocker: Posing as RAW Agent, Gym Trainer Rapes Ca ...Read More >
Jalgaon (Maharashtra) [India], January 22 (ANI): Maharashtra Chief Minister Devendra Fadnavis announced Rs 5 lakh ex gratia to the families of the victims who died in the Jalgaon train accident on Wednesday. The state government will also bear all the medical expenses of the injured, the CM said. Atleast 11 people have died and 6 others injured after Karnataka Express hit passengers in the Jalgaon district of Maharashtra. Also Read | 'Deeply Distressing': Maharashtra CM Devendra Fadnavis Mourns Loss of Lives After 8 Killed, Several Injured in Jalgaon Train Tragedy. The passengers of the Pus ...Read More >
Bengaluru (Karnataka) [India], June 5 (ANI): A day after the tragic stampede during the IPL victory celebration event of the Royal Challengers Bengaluru (RCB) in Bengaluru that left 11 dead and dozens injured, Karnataka Chief Minister Siddaramaiah on Thursday said that a one-member commission has been formed to probe the incident. CM Siddaramaiah also announced that the state government has decided to suspend top police department officials, including the Commissioner of Bengaluru City Police. Speaking to the media, the Karnataka CM stated, 'Under the chairmanship of Justice Michael D'Cunha, ...Read More >
Bengaluru (Karnataka) [India], June 6 (ANI): Venu, one of the injured in the stampede that took place outside the Chinnaswamy Stadium in Bengaluru on June 4, is undergoing treatment at a hospital, recounted the tragedy that left eleven people dead and many more injured. The incident occurred when a massive crowd of fans gathered to greet the Royal Challengers Bengaluru (RCB) after they had won the IPL. 'We went to watch the event near gate no. 6 around 3:30 pm yesterday. The barricade fell and caused injury to me. I received a fracture. I'm better now, but I can't walk. Three of us went ther ...Read More >
ALSO READ: Lucknow Shocker: 3-Year-Old Girl, Sleeping Under Metro Station, Raped In Alambagh Area; Her Condition Critical Ashish Srivastav, the Deputy Commissioner of Police (DCP) of Central Lucknow, who visited the crime scene on Wednesday night itself, identified the accused as Deepak Verma. While talking to the news agency ANI, DCP Srivastava said, " On the morning of June 5, at 10 am, a complaint was registered that a 2.5 year old girl had been raped... A case was registered and five teams were formed... As per the CCTV footage of the scooter, the accused was identified as Deepak Verma... ...Read More >
Hours after Atul Subash's wife Nikita Singhania, her mother Nisha and brother Anurag were arrested for allegedly abetting the suicide, the Bengaluru techie's father, Pawan Kumar Modi has questioned where Atul's four-year-old son is and said the family was worried about him. Modi thanked the police for arresting the woman and her family members. However, he said, "We don't know where she has kept our grandson. Has he been killed or is he alive? We don't know anything about him. I want my grandson ...Read More >
Jalgaon (Maharashtra) [India], January 22 (ANI): Maharashtra Chief Minister Devendra Fadnavis announced Rs 5 lakh ex gratia to the families of the victims who died in the Jalgaon train accident on Wednesday. The state government will also bear all the medical expenses of the injured, the CM said. Atleast 11 people have died and 6 others injured after Karnataka Express hit passengers in the Jalgaon district of Maharashtra. The passengers of the Pushpak Express had stepped outside their coaches due to a suspected fire on the train, and while outside the Karnataka Express passed through the adj ...Read More >
New Delhi [India], June 5 (ANI): The National Human Rights Commission (NHRC), India, has taken suo motu cognizance of a press release issued by the Press Club of India, New Delhi, highlighting the alleged brutal assault of two journalists by police in Bhind district, Madhya Pradesh. The incident reportedly took place on May 1, 2025, under the supervision of the District Superintendent of Police. 'NHRC, India takes suo motu cognisance of the reported assault of two journalists by police in Bhind district, Madhya Pradesh,' in a post in X, NHRC stated. https://x.com/India_NHRC/status/193056213 ...Read More >
Bengaluru stampede: Coming down heavily on lax policing in the aftermath of the stampede that took place during the Royal Challengers Bengaluru (RCB) victory parade, Karnataka CM Siddaramaiah on Thursday suspended senior Bengaluru police officers including city Police Commissioner 'with immediate effect'. Informing of the steps taken after 11 people were killed in the stampede on Wednesday, the chief minister said, "Cubbon Park Police Station Police Inspector, Station House Master, Station House Officer, ACP, Central Division DCP, Cricket Stadium in-charge, Additional Commissioner of Police, ...Read More >
Following a stampede at an IPL victory celebration in Bengaluru that resulted in 11 fatalities, Karnataka Chief Minister Siddaramaiah has suspended several top police officials for negligence. A judicial inquiry, led by Justice John Michael D'Cunha, will investigate the incident, along with a CID probe into RCB, KSCA, and DNA Entertainment Networks.Karnataka Chief Minister Siddaramaiah on Thursday announced the suspension of Bengaluru City Police Commissioner B Dayanand, Additional Commissioner ( ...Read More >
Karnataka Deputy Chief Minister D K Shivakumar expressed grief over the stampede near Chinnaswamy Stadium, lamenting the loss of lives and the damage to Bengaluru's reputation. He dismissed opposition allegations and accusations of playing politics, emphasizing the government's responsibility.Karnataka Deputy Chief Minister D K Shivakumar on Thursday turned emotional over the loss of lives due to the stampede near the Chinnaswamy Stadium and said that Bengaluru has lost its image due to the incid ...Read More >
Sambhal (Uttar Pradesh) [India], December 3 (ANI): Sambhal District Magistrate Rajendra Pensiya on Tuesday wrote to the officers of neighbouring districts--Bulandshahr, Amroha, Ghaziabad, and Gautam Buddha Nagar--requesting them to stop Lok Sabha Leader of Opposition Rahul Gandhi at their district borders. The Sambhal DM addressed the letter to the Police Commissioners of Gautam Buddha Nagar and Ghaziabad, along with the Superintendents of Police (SP) of Amroha and Bulandshahr. "On November 24, a remaining survey was conducted, following which members of the Muslim community staged massive p ...Read More >
Hyderabad (Telangana) [India], December 26 (ANI): A meeting between Telangana Chief Minister Revanth Reddy and directors, producers, and actors from the Tollywood industry is underway at Telangana State Police Command and Control Centre at Banjara Hills in Hyderabad. The delegation of influential people from Tollywood is led by Telangana Film Development Corporation (FDC) chairman Dil Raju. Among other attendees are actors like Nagarjuna, Varun Tej, Sai Dharam Tej, Kalyan Ram, Shiva Balaji, Adavi Sesh, Nithin, and Venkatesh. Directors including Koratala Siva, Anil Ravipudi, K Raghavendra Rao ...Read More >
Mumbai (Maharashtra) [India], February 3 (ANI): Monday kick-started on an exciting note for the fans of actor Prabhas as his first look as 'Rudra' was unveiled in the morning. The poster features him in the guise of a hermit, his matted hair flowing wildly, his forehead smeared with sacred chandan, gripping a crescent moon staff that hints at divine power and celestial energy. Sharing his look from the film, Prabhas on social media wrote, " (Om symbol) The Divine Guardian 'Rudra' (Om symbol) Unveiling my look as 'Rudra'. The embodiment of strength and wisdom as the unwavering protector in #K ...Read More >
Karnataka State Cricket Association (KSCA) President Raghu Ram Bhat and a few other office bearers moved the Karnataka High Court on Friday seeking to quash the FIR filed against them in the Chinnaswamy stadium stampede case. Police on Thursday registered an FIR against RCB, event management firm DNA entertainment private limited, and Karnataka State Cricket Association (KSCA). Karnataka Chief Minister Siddarmaiah too on Thursday had instructed the state DGP and IGP to immediately arrest the re ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
BHUBANESWAR/PURI: In a massive incentive, the Law department has approved Rs 2.25 crore for Daitapati servitors of the Shree Jagannath Temple if they ensure a smooth Rath Yatra. A proposal in this regard was sent by the Shree Jagannath Temple Administration (SJTA) recently. In a letter to the Srimandir chief administrator, the department informed that the government has approved Rs 2.25 crore as a 'special reward' for Daita servitors for disciplined conduct during the annual festival of the Trinity. The money will be paid from the SJTA funds and replenished with the allotment of funds as spe ...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 >
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 >