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.
Mysuru: Chamundeshwari Electricity Supply Corporation (CESC) Limited has postponed the installation of smart meters by 15 days following the requests from consumers and Electrical Contractors Association. CESC had organised a meeting to create awareness among the consumers about the installation of smart meters for new connections from July 1 at its office in Vijayanagar 2nd Stage here yesterday. Speaking on the occasion, CESC (IT and MIS) General Manager Ramaswamy said, the installation of smart meters has been made mandatory from July 1 as per the instructions of Central Electricity Authority (CEA) and Karnataka Electricity Regulatory Commission (KERC). "Installation of smart meters would help in providing correct bills, avoid unnecessary use of electricity, easy recharge, track use of electricity among others," he said. CESC Chief General Manager Sharanamma S. Jangina, Chief Engineer Mruthyunjaya, CESC (IT and MIS Division) DGM Ramesh, AGM Bharath and others were present.
Vijayawada: Chief Minister N Chandrababu Naidu on Friday unveiled an ambitious vision to transform Visakhapatnam into a new Mumbai over the next seven years. He directed officials to develop the 'Visakha Economic Region' as AP's primary growth engine, aiming for a staggering $120 billion economy from this region by 2032. The proposed economic region encompasses eight districts, including Visakhapatnam, Vizianagaram, Srikakulam, Anakapalli, Kakinada, East Godavari, Alluri Sitharama Raju (ASR), and Manyam. The Chief Minister has instructed the officials to launch projects that will significantl ...Read More >
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to the allegations to NCW officials. Officials said further steps will be considered after reviewing his ...Read More >
Prime Minister Narendra Modi commended the Andhra Pradesh government and IT Minister Nara Lokesh for their successful 'Super GST, Super Savings' campaign. The initiative effectively deepened youth understanding of GST reforms through innovative competitions. Chief Minister N Chandrababu Naidu highlighted over 98,000 events held and pledged to continue them. Prime Minister Narendra Modi on Thursday lauded the Andhra Pradesh government and IT Minister Nara Lokesh for the successful 'Super GST Supe ...Read More >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...Read More >
Chennai: Chief minister M K Stalin has set a target of enrolling 2.5 crore members in DMK and has instructed party district secretaries to step up membership drive under 'Oraniyil Tamil Nadu' campaign.In a virtual meeting with DMK district secretaries on Thursday, Stalin said they only had 30 more days to achieve the target. He had earlier set a target of enrolling at least 30% voters in every polling booth. Now, after the positive response for the 'Oraniyil Tamil Nadu' campaign, Stalin has revis ...Read More >
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 years, basic accounts/PM Jan Dhan Yojana accounts, or those opened before July 31, 2025.Meanwhile, HD ...Read More >
Independence Day 2025: 5 Creative And Meaningful Ways To Celebrate The Spirit Of Freedom With Joy And Patriotism The Karnataka High Court on Wednesday refused to hear two petitions questioning the state's requirement that new electricity consumers have smart prepaid meters installed, stating that a similar issue is pending before a division bench. Justice M. Nagaprasanna, who had reserved orders on July 22, made a strong pitch for judicial discipline in his order. Judicial Discipline Cited "Ju ...Read More >
HYDERABAD: BRS working president KT Rama Rao has formally accepted Chief Minister A Revanth Reddy's challenge to a public debate on what the governments of the pink party and the Congress did for the welfare of farmers in Telangana. Addressing a press conference at the BRS party office on Saturday, the former IT minister accepted the challenge, saying that he is ready for the debate 'anywhere, anytime' be it the Assembly, Ambedkar statue, Kondareddypalle, Chintamadaka or Kodangal, and asked Revanth to fix the date, time, and place for the same. "If none of these suits you, I'll be at the Som ...Read More >
New Delhi: Power minister Manohar Lal on Wednesday said establishing an energy storage system is essential to meet clean energy targets to stabilise the grid, optimise power generation and ensure round-the-clock electricity supply. Over the last three-four years, the cost of energy storage has significantly dropped, Lal said at the India Energy Storage Week conference here on Wednesday. "What was once ₹10 lakh/MW has now fallen to ₹2.5 lakh/MW per month, a reduction to one-fourth of the original cost," he said. As industries like steel and cement shift towards green hydrogen, India is pushi ...Read More >
Agartala: Amid rising public discontent and protests led by opposition parties over the rollout of smart meters in Tripura, Power Minister Ratan Lal Nath on Monday issued a firm challenge: prove the meters are faulty or stop misleading the public. "If any qualified electrical engineer can certify that the smart meters have technical faults, I will not only halt the installation but also remove those already installed," Nath declared, directly countering the opposition's claims. Ready for a challenge? Click here to take our quiz and show off your knowledge! He rejected the political uproar s ...Read More >
Agartala: Amid public outrage against the decision to install smart meters for electricity consumers, the Tripura State Electricity Corporation Limited (TSECL) has been looking for options to recover the outstanding billed amount of Rs 450 crore from consumers.TSECL managing director Biswajit Basu said around five lakh consumers have not paid the bill for past few months, adding the financial burden on the corporation. Claiming a slight improvement in the recovery, Basu said regular payers have i ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped inside a residential building that caught fire, the DCP said. With the help of police personnel and fir ...Read More >
Chandigarh: Officials of Municipal Corporation Chandigarh have revealed that the top 20 property tax defaulters of the city are yet to clear dues of over Rs 190 crore, while property tax arrear cases worth Rs 62 crore are under litigation in the Punjab and Haryana high court. Citing different reasons, occupants of seven properties, out of the top 20, have challenged the MC's arrears amount, following which the authority failed to recover the amount from them. All these properties fall under the commercial category. As per official data of the Municipal Corporation, Chandigarh, commercial prope ...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 >
Agartala: Amid public outrage against the decision to install smart meters for electricity consumers, the Tripura State Electricity Corporation Limited (TSECL) has been looking for options to recover the outstanding billed amount of Rs 450 crore from consumers.TSECL managing director Biswajit Basu said around five lakh consumers have not paid the bill for past few months, adding the financial burden on the corporation. Claiming a slight improvement in the recovery, Basu said regular payers have increased from 39% to 49% over a year. To modernise billing and improve efficiency, TSECL is rolling ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family has not yet agreed to clemency or blood money. As a last-ditch effort to save her, Kanthapuram A. ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many claim they first learned of the revised fees only while trying to pay through the university's online ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >
VIJAYAWADA: Chief Minister Nara Chandrababu Naidu has unveiled an ambitious vision to position Andhra Pradesh as a global leader in tourism. Addressing a gathering of industry leaders, policymakers and stakeholders at the Andhra Pradesh Tourism Conclave here Vijayawada on Friday, Naidu termed tourism as the engine of future growth. He cited its central role in economic transformation, employment generation and cultural integration. The special guest at the event was Yogrishi Baba Ramdev. Naidu appreciated the efforts of the global forum for sustainable transformation particularly in tourism ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
Jammu, Jul 18 (PTI) Senior officials of the Jammu and Kashmir government reviewed the arrangements for the smooth conduct of the 13-day-long Budha Amarnath pilgrimage in Poonch district that will begin on July 28. Deputy Inspector General of Police Tejinder Singh reviewed security in Poonch and stressed ensuring the safety of the devotees. "The first batch will depart from the Bhagwati Nagar basecamp in Jammu on July 28, moving towards the Mandi tehsil in Poonch in a regulated convoy amid full security arrangements," a spokesperson said. Jammu Divisional Commissioner Ramesh Kumar and Inspec ...Read More >
I will not react to the statements of Nara Lokesh or someone else. There are 25 lakh IT professionals and 2 lakh foreigners working in Bengaluru. Bengaluru's contribution to the country is immense, says Karnataka Deputy CM. Andhra Pradesh IT Minister Nara Lokesh took a veiled jibe at Karnataka Deputy Chief Minister DK Shivakumar amid their banter over Google's pledge to invest $15 billion over the next five years to establish a one-gigawatt-scale Artificial Intelligence (AI) hub in Visakhapatnam ...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 >
We will seek their comments to make new industrial policy a reality. We want to come out with the new policy as soon as possible, said AroraSource : pexel Punjab Industries Minister Sanjeev Arora on Thursday said industry-specific committees will be formed to advise the state government for shaping up a new industrial policy. Arora said a total of 22 committees comprising industrialists will be formed. Each committee will comprise 8 to 10 members with its chairman, said Arora while addressing t ...Read More >
Lucknow, Jul 17 (PTI) Uttar Pradesh's capital city has secured the third position in the category of urban spaces with population exceeding 10 lakh, while Prayagraj was adjudged the Cleanest Ganga City in the ninth edition of the Swachh Survekshan. Lucknow also became the first city in the state to achieve a 7-star Garbage Free City rating in the 2024-25 survey. Gorakhpur achieved double success, ranking third in the Safai Mitra Surakshit Sheher category and fourth among cities with a population between 3 to 10 lakh. Agra has been recognised as the Emerging Clean City of Uttar Pradesh, securi ...Read More >
Mumbai, June 8 (SocialNews.XYZ) On her milestone 50th birthday, Shilpa Shetty took a heartfelt moment to reflect on her incredible journey and the defining stories that have shaped her both personally and professionally. Celebrating decades of success and growth, she shared insights into the experiences that made her the strong and inspiring woman she is today. Taking to Instagram, she posted a video of her transformation over the years and wrote, "Grateful for my journey and the stories that made me and the ones still on my way. Thank you for all your love and wishes Instafam. #Gratitude #lo ...Read More >
Kolkata: Luxmi Group, owner of the iconic Makaibari Tea Estate, has acquired a majority stake in UK-based Brew Tea Co. Brew Tea deals exclusively with orthodox tea and has both an online and offline presence in the UK.Luxmi Group acquired an 80% stake in the company, while the remaining 20% remains with the existing promoters. After Tetley and Typhoo, this acquisition marks another British tea company being acquired by an Indian corporate, though it may not be of the same magnitude.Brew Tea Co was founded in Manchester by Phil and Aideen Kirby and has grown into a specialty tea brand, having a ...Read More >
Mumbai: Hooliganism under the guise of Marathi pride will not be tolerated in the state, CM Fadnavis warned on Friday. He said police had registered an FIR and taken action in the Mira Road incident where a businessman was beaten up by MNS workers for not knowing Marathi.Speaking to the media, Fadnavis said beating up someone over language was wrong. "We are Marathi and are proud of the language. Insisting that a person speak in Marathi is not wrong, but beating up a businessman because he does not know it is wrong. Our Marathi-speaking people are doing business in different states, and if the ...Read More >
CHENNAI: The Indian equity benchmarks started the day on a cautious note, responding to increasing uncertainty around the looming US tariffs by President Trump. At 11:20 AM , the Nifty 50 traded at 25,536.00, up 13.50 or 0.05%, while the Sensex stood at 83,748.57, up roughly 34 points or 0.02%, although both these indices were marginally down in the opening trade. Weak cues from Asian markets, along with persistent foreign institutional investor (FII) selling, contributed to the negative bias at the open. US President Trump's announcement -- that 50% tariffs on copper and upcoming levies on ...Read More >
A young woman named Oleti Pushpa (22) was killed by her live-in partner Sheikh Shamma (22) in the Ambedkar Konaseema region of Andhra Pradesh, reported India Today. She was living with Sheikh for the past 6 months after she separated from her spouse. The incident took place in Siddhartha Nagar, B Savaram village of Rajolu mandal on 16th July. Shamma reportedly accused Pushpa of having affairs with other men. He forced her to engage in prostitution and frequently instigated fights with her when intoxicated. As per police, Shamma was addicted to ganja. On the fateful night, he against pressuri ...Read More >