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.
Jaipur, Jun 29 (PTI) Four labourers died and three got injured after soil caved in during pipeline excavation work in Rajasthan's Bharatpur on Sunday morning, police said. According to the police, some labourers were filling a 10 feet deep trench dug to lay a pipeline near Jangi ka Nagla village when the soil caved in and the labourers got trapped underneath Upon hearing the cries, other workers and project staff started rescue attempts, but the depth and heaviness of the soil made immediate efforts difficult, they said. District administration, police and disaster management teams reached the site soon after being alerted. The rescue teams used earthmoving machines to remove soil and retrieve the trapped labourers. They managed to pull out seven labourers, four of whom -- Anukul (22), Vimla Devi (45), Vinod Devi (55) and Yogesh Kumari (25) -- died. One injures was given primary treatment and two are admitted at the district hospital. There were 12 labourers working at the site. When the soil caved it, some managed to quickly come out while seven were trapped, the police said, adding that rescue operation was over. PTI SDA NB
Mumbai: Maharashtra will connect the Nagpur-Mumbai Samruddhi expressway corridor to the upcoming greenfield Vadhvan port, slated to be the country's biggest such facility, via the Nashik highway, the upcoming Delhi-Mumbai greenfield expressway corridor, the Mumbai-Ahmedabad highway, the under-construction bullet train corridor, and the coastal road that is planned to be extended up to the port."The Prosperity corridor will have up to 500 MW to 1,000 MW capacity solar plant along it with 200 MW starting soon, besides a huge gas pipeline that will supply PNG not only to cities but also to power ...Read More >
Bhimavaram: West Godavari district collector Chadalawada Nagarani said that in addition to planting trees to improve greenery, efforts are being made to control plastic pollution. On Thursday, to celebrate World Environment Day, a large-scale programme was taken up in the district to plant saplings and remove plastic waste from canals and drains under 'Vanam-Manam.' As part of this, collector Nagarani, District Superintendent of Police Adnan Nayeem Asmi, district Joint Collector T Rahul Kumar Reddy, DRO Mogili Venkateswarlu, and district officials from various departments enthusiastically pa ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrates advanced systems from leading Indian defence firms, including Bharat Electronics Limited (BEL), L& ...Read More >
Lakhimpur Kheri, December 3: Talent knows no boundaries. A testament to this is 28-year-old Muneer Khan from Lakhimpur Kheri in Uttar Pradesh, whose innovations and technical skills have gained him global recognition. From a 'smart water bottle' to 'smart soil testing device,' and more recently, 'AI-enabled eye-glasses,' what makes his innovations stand out is their ability to improve everyday convenience for ordinary people. Born in a humble and poor family in Kheri's Gauriya village, Muneer lost his father when he was just one year old. His four older brothers and mother worked tirelessly t ...Read More >
A statement issued by the Bijapur police said the incident took place in Somnapalli village under Farsegarh Police Station area of the district. According to the statement, the Maoists dragged 35-year-old Kudiyaam Mado out of his house and strangled him to death. Mado was the district vice president of Bharatiya Janata Kisan Morcha -the farmers' unit of the BJP. Police said that they have also recovered a pamphlet issued by the banned CPI (Maoist)'s Bijapur National Park Area Committee, in whic ...Read More >
Bengaluru, Dec 12 (PTI) Rains lashed Bengaluru and parts of the south interior and coastal districts of Karnataka, causing traffic congestion on Thursday, officials said. For the next 24 hours, Bengaluru city and neighbourhood areas are likely to witness a generally cloudy sky with moderate rain likely in some areas, they said. In a statement, the India Meteorological Department (IMD) attributed the weather to a well marked low pressure area over Gulf of Mannar and neighbourhood with the associated upper air cyclonic circulation extending up to midtropospheric levels persists. The system is ...Read More >
Thiruvananthapuram/Chennai, Jun 6 (PTI) Malayalam actor Shine Tom Chacko's father died in a road accident near Dharmapuri in Tamil Nadu on Friday morning when the family was travelling to Bengaluru, police said. According to a senior police officer in Dharmapuri, the actor suffered a fracture to his left arm, while his brother and mother, who were also in the vehicle, and the driver of the car suffered minor injuries. The incident occurred early in the morning on the national highway from Salem to Bengaluru when the vehicle Chacko's family was travelling in tried to overtake a lorry in front ...Read More >
Bijapur, Jun 7 (PTI) Five Naxalites were killed in two encounters with security forces in an ongoing operation in the Indravati National Park area of Chhattisgarh's Bijapur district, police said on Saturday. With the latest casualties, seven Naxalites, including top leaders Sudhakar and Bhaskar, were neutralised in the operation in the last three days, they said. "Security forces have recovered the bodies of seven Maoists during the ongoing anti-Naxal operations in the Indravati National Park area of the district," a senior police official said. On Saturday, two bodies were recovered follow ...Read More >
Raipur, Jun 7 (PTI) Chhattisgarh Chief Minister Vishnu Deo Sai said on Saturday that he discussed two proposed irrigation projects in the state with Prime Minister Narendra Modi during his visit to Delhi and sought the Centre's nod for them. Sai, who returned to Raipur in the morning, said the PM assured that he would consider the two projects - Bodhghat and Indravati-Mahanadi interlinking work. Crucial for the development of the Bastar region, where Naxalites are retreating, they have been proposed for implementation as national projects, he said. "I met PM Modi ji in Delhi on Friday and sh ...Read More >
Itanagar, Jun 7 (PTI) The flood situation in Arunachal Pradesh improved on Saturday with water levels of most rivers receding, even as 33,000 people in 24 districts remained affected, officials said. Twelve people lost their lives and one person went missing in rain-related incidents, including landslides, after the monsoon set in, they said. In its daily report, the State Emergency Operation Centre (SEOC) said 33,200 people in 215 villages remained affected due to floods and landslides in the state. The water levels of most major rivers and their tributaries were showing a receding trend o ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
Muzaffarnagar (UP), Dec 6 (PTI) A teacher who asked other students to slap a Muslim boy in a school here surrendered at a POCSO court and was released on bail, an official said on Friday. Tripta Tyagi was caught last year in a video asking children to slap a boy in a school where she taught. Additional District Judge (POCSO) Alka Bharti on Thursday granted her bail and ordered her to furnish two sureties of Rs 25,000 each. She posted the matter for further hearing on Friday. Kapil Ahlawat, Tyagi's lawyer, told PTI that Tyagi had surrendered in the Special POCSO court on Thursday and sought ...Read More >
Bhubaneswar, Jan 22 (PTI) The police have intensified security to thwart the possible efforts of the Maoists to enter Odisha following an operation that left 14 red rebels dead in neighbouring Chhattisgarh, an official said on Wednesday. The police remained alert in the districts bordering Chhattisgarh as combing operations were underway in Chhattisgarh. "We have put the police and central forces deployed in different districts to remain alert and prevent possible infiltration of Maoists from the neighbouring state," Odisha DGP Y B Khurania said after holding a review meeting. Khurania along ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
Guwahati/Morigaon, Jun 6 (PTI) The flood situation in Assam continued to be critical with over 5.6 lakh people reeling under the deluge in 16 districts, an official bulletin said on Friday. The toll in this year's floods and landslides stands at 21, with two more deaths reported on Thursday. Also Read | Thane Shocker: Wife Booked for Hurling Hot Oil on Autorickshaw Driver During Fight Over Domestic Issues in Kalyan. Wildlife has also been affected with nearly 70 per cent of the Pobitora Wildlife Sanctuary in Morigaon district facing inundation, an official said. The Regional Meteorological ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
Chennai: The capacity utilisation of the domestic steel industry is set to drop to 78 per cent for the first time in four years. In order to check unprecedented imports, the government is considering imposing a 25 per cent duty on steel imports. Cheaper imports from China and countries under Free Trade Agreement along with ongoing capacity addition can lead to capacity utilisation of domestic steel mills dropping from 85 per cent in FY2024 to an estimated 78 per cent in the current fiscal, the lowest we have seen in the last four years. The domestic steel industry witnessed an all-time high ...Read More >
Bihar's infrastructure has seen a 15-fold increase in data consumption over the past five years. Road density is now the third highest in India, electricity generation has increased tenfold, and IT parks and data centers are being developed. Numerous bridges and expanded rail lines are improving connectivity and boosting trade.Bihar has seen a 15-fold jump in data consumption in the last five years as the state goes big on developing infrastructure, investing in connectivity and building rail and ...Read More >
Mangaluru, (Karnataka) Feb 5 (PTI) District in-charge Minister of Dakshina Kannada, Dinesh Gundu Rao, directed officials on Wednesday to install CCTV cameras on both sides of bridges along major highways and main roads to prevent 'illegal' activities. During an inspection of the strengthening work on the Addur Bridge along the Perali-Addur State Highway, Rao highlighted reports of sand mining near bridges weakening their structures. Also Read | Delhi Assembly Elections 2025: National Capital Records 57.89% Voter Turnout; Exit Polls Give BJP Edge Over AAP. He said that although extracting sa ...Read More >
Mumbai, Jun 5 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Thursday inaugurated the final 76-km-long stretch of the Samruddhi Mahamarg, making the entire 701-km Mumbai-Nagpur corridor fully functional and bringing down the travel time between the two cities to 8 hours from around 18 hours. Fadnavis described the Mumbai-Nagpur Samruddhi Mahamarg as an "engineering marvel" and said this "economic corridor" would play a vital role in the state's development. Fadnavis said by connecting the expressway with the proposed Vadhvan port, they are planning to develop it as an "economic corrid ...Read More >
New Delhi, Jun 7 (PTI) Prime Minister Narendra Modi on Saturday outlined five key global priorities for him to build disaster-resilient infrastructure, including a skilled workforce, a global digital repository to document best practices and innovative financing. In a video address to the International Conference on Disaster Resilient Infrastructure 2025, Modi said strengthening early-warning systems and coordination is another crucial aspect. He noted that India has established a tsunami-warning system benefitting 29 countries and that it recognises the Small Island Developing States (SIDA) ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >
The Minister for Information, Communication, Technology and National Guidance, Hon. Chris Baryomunsi has unveiled government plans to extend internet connectivity to all sub-counties through a loan acquired from the Exim Bank of China. Baryomunsi said that with the US$150 million, government will go beyond its ministries, departments, agencies (MDAs) and district headquarters) to connect all sub-counties to the National Backbone Infrastructure (NBI). "This is vital for ensuring that all regions benefit from the digital economy. Last mile connectivity, the final segment connecting the NBI to ...Read More >
Bengaluru, Dec 3 (PTI) The Karnataka government on Tuesday requested the Drugs Controller General of India (DCGI) to investigate and take necessary action against a West Bengal-based manufacturer, amid concerns that recent maternal deaths in Ballari district, could be linked to substandard Ringer Lactate solution supplied by the company. In a letter, Karnataka Health Principal Secretary Harsh Gupta, drew the attention of the DCGI to the supply of several batches of "Compound Sodium Lactate I P (Ringer's Lactate I P)" by the West Bengal-based pharmaceutical company Paschim Banga Pharmaceutical ...Read More >
Following violence in Sambhal on November 24 related to a mosque survey, authorities plan to publicly display posters of over 400 identified individuals involved. 32 have been arrested so far. The posters will exclude those arrested. The government aims to hold those responsible for property damage accountable. Four people were killed, and many injured during the clash.The Sambhal administration on Thursday said it will put up posters of those involved in the November 24 violence. "We will put up ...Read More >
Kolkata: On the 13th day of teachers' protest outside Bikash Bhavan, the protesting teachers split among themselves and formed a new platform. At least 2,500 protesters stood by the chief minister, as stated in a press conference by education minister Bratya Basu on Monday. Reacting to a question from media, Basu said in Titagarh, "I will trust those who have written to me expressing their faith in the chief minister."The new organisation formed was named the West Bengal Untainted Teachers Associ ...Read More >
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 >
New Delhi, Jun 7 (PTI) The United Nations Office for Disaster Risk Reduction (UNDRR) has conferred the prestigious Sasakawa Award on Mrutyunjay Mohapatra, the Director General of the India Meteorological Department. Mohapatra was honoured with the award at the eighth session of the Global Platform for Disaster Risk Reduction held in Geneva. Mohapatra received the award for his exceptional contributions to tropical cyclone forecasting and warning systems. He has been instrumental in improving India's disaster preparedness and significantly reducing casualties from tropical cyclones through a ...Read More >
Bhubaneswar, Dec 3 (PTI) President Droupadi Murmu on Tuesday arrived in Odisha and unveiled a statue of Santali writer and educator Pandit Raghunath Murmu here. She also visited the Adim Owar Jarpa Jaher, a sacred place for Santals, in Bhubaneswar and offered prayers. The President was accorded a warm welcome at Biju Patnaik International Airport (BPIA), where she landed on a special aircraft of the Indian Air Force (IAF) to commence her five-day visit to Odisha. She was received at the airport by Governor Raghubar Das, Chief Minister Mohan Charan Majhi and other dignitaries. People standi ...Read More >
Hyderabad, Dec 4 (VOICE) The earthquake that hit Telangana on Wednesday morning was the second earthquake of over 5 magnitude on the Richter Scale in the region in the last 55 years.According to the National Center for Seismology, an earthquake of 5.3 magnitude was felt at 7.27 a.m. on Wednesday with Medaram in Mulugu district of Telangana as the epicentre. The region experienced an earthquake with a magnitude of 5.7 on April 13, 1969, with Bhadrachalam as the epicentre. According to scientists, both earthquakes were linked to the Godavari rift valley, which is a fault zone. The tremors on ...Read More >