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.
The freshly manufactured AC train with underslung electricals was despatched from the manufacturing unit of Integral Coach Factory on Wednesday and is on its way to Mumbai Finally, after a long gap, the Central Railway is getting an Air-Conditioned local train for Mumbai. This will be a completely 12-car walkthrough train. The freshly manufactured AC train with underslung electricals was despatched from the manufacturing unit of Integral Coach Factory on Wednesday and is on its way to Mumbai. The train, with electricals from Medha Servodrives due to underslung equipment (248913-14), is a 12-car walkthrough train. The underslung propulsion technology, based on the Train 18 Vande Bharat model, doesn't take up much space for its electrical and other equipment as it is underslung, making more space available for passenger seating. This will be the seventh rake for the Central Railway. As of today, the CR Mumbai division has a total of six rakes with five of them in service operating 66 services. The Western Railway recently got a similar AC rake after which it has been able to increase its services to 109 from November 27. The total number of AC EMU rakes on WR is nine, with eight rakes in service operating 109 trips.
Bengaluru, Jul 19 (PTI) Hockey India on Saturday announced a 40-member core probable group for the upcoming senior women's national coaching camp, which will be held at the Sports Authority of India (SAI) Centre here from July 21 to August 29. The camp holds significant importance as the Indian women's hockey team gears up for the women's Asia Cup, set to begin on September 5 in Hangzhou, China. The tournament will serve as a direct qualification pathway for the 2026 FIH Women's World Cup, with only the champion earning a guaranteed spot. All players from the previous camp have been retaine ...Read More >
The Central Railway (CR) has announced special traffic and power day blocks for 14 days starting Saturday, September 27, to carry out scheduled maintenance work. The power block will be in effect until October 10 at Karjat railway station. The special traffic and power day blocks are being undertaken to carry out pre-non-interlocking works at Karjat station in connection with Karjat yard remodelling work. In view of this, local train services in Mumbai and long-distance trains are likely to be affected. Central Railway said that traffic will be blocked between Karjat and Khopoli stations durin ...Read More >
Mumbai: Good news for Mumbaikars and daily commuters on Central line. Central Railway will soon get an updated AC local train. The new rake which will undergo extensive testing, will be pressed into service just before the onset of the summer season, providing some relief to commuters. What will be different from the existing AC local train, is that some of its machinery will be located under the coach, known as the under-slung system. What is a slung system? A slung system train local is a train with electrical equipment located below the rake or under the train. This design aims to increa ...Read More >
KOZHIKODE: A woman from Palakkad who recently tested positive for Nipah virus, remains in critical condition at the Kozhikode Government Medical College Hospital. She is currently receiving critical care in the hospital's specialised Nipah isolation unit. The patient was initially admitted to a private medical facility in Perinthalmanna. However, late on Saturday night, due to a significant deterioration in her health, she was transferred to the Kozhikode Medical College. Her symptoms, consistent with a severe viral infection, first appeared on July 1, prompting her to seek medical attention. ...Read More >
Tirupati (Andhra Pradesh) [India], July 14 (ANI): A fire broke out in stationed train coaches of the Hisar-Tirupati Special Train and Rayalaseema Express at the Tirupati Railway Station yard on Monday, Indian Railways said. According to Southern Central Railway, the fire was dozed and there is no disruption to any of the outgoing or incoming train services from Tirupati Railway Station, the Southern Central Railway said. The incident occurred while taking empty Hisar-Tirupati Special Train into the stabling yard. During the shunting process a fire was noticed in one general coach and was imm ...Read More >
Here comes a big update for the passengers. Mumbai local trains will get indigenous 'Kavach' safety boost by end of next year. This will be done in a major boost to commuter safety on one of the world's busiest suburban rail networks. What is Kavach? Kavach is a state-of-the-art electronic system developed under the 'Make in India' initiative that is presently being installed on Delhi-Mumbai as well as some other trunk routes. The indigenously designed Automatic Train Protection (ATP) system, which will automatically control train speed, prevent collisions, and ensure safe operations even w ...Read More >
Mumbai, Jul 7 (PTI) Local train services on the Central Railway's Harbour line were fully restored on Monday morning, nearly 13 hours after a track relaying train (TRT) derailed near Nerul station, officials said. The TRT derailed near Nerul station at 4.20 pm on Sunday, leading to suspension of services on both the Up (towards Chhatrapati Shivaji Maharaj Terminus in south Mumbai) and Down (away from CSMT) lines between Vashi and Panvel. Thousands of commuters were left stranded during the peak evening hours. After the overnight work, the first local train from CSMT towards Panvel passed th ...Read More >
An unauthorised protest by CR at the heart of Mumbai left the city derailed for more than 45 minutesOn Thursday evening, Central Railway (CR) employees staged a massive 'Rail Roko' protest at Chhatrapati Shivaji Maharaj Terminus (CSMT) against Government Railway Police (GRP) officials after an FIR was registered against two CR engineers over the Mumbra train tragedy of 9 June. The spontaneous protest paralysed Mumbai's Central line for nearly an hour and resulted in the deaths of two pedestrians ...Read More >
A goods train transporting high-speed diesel ignited near Tiruvallur on Sunday morning, prompting a swift response from fire tenders. While no casualties were reported, the incident led to the suspension of local train services and the cancellation of eight express trains. A goods train carrying high-speed diesel caught fire on Sunday morning near Tiruvallur, a Railway official said. The fire broke out in a wagon and quickly spread to others. No casualties have been reported, the official said ...Read More >
The incident was reported on Monday afternoon at the Ghatkopar railway station. Railway police officials said the man is mentally unstable. Passengers in the women's compartment of a suburban train in Mumbai were left shocked when a naked man climbed on board and had to be removed by a railway staff. The incident was reported on Monday afternoon at the Ghatkopar railway station, when the man climbed the Kalyan-bound AC local train. Despite women passengers raising an alarm, the man did not deb ...Read More >
Kolkata: On Monday, Metro Railway added 22 additional services to the Blue Line, anticipating a surge in traffic following its integration with a fully operational Green Line. This meant increased frequency, with the gap between trains during peak hours reduced from 6 minutes to 5. However, this did little to relieve commuters on the alignment, particularly for those boarding or alighting at Esplanade station. It felt like Durga Puja on Monday, nearly a month ahead of the festival, when even getting a toehold is a challenge in metro coaches. The Green Line interfaces with the North-South or Bl ...Read More >
Raigad district has been issued an orange alert with the possibility of very heavy showers on Sunday and Monday. While September often sees retreating showers, this year's monsoon continues to remain active across Konkan and Mumbai. Mumbai's brief dry spell came to an end on Saturday as rhe city woke up to overcast skies as several pockets experienced light to moderate rainfall. According to the India Meteorological Department (IMD), the Santacruz observatory recorded 7.2 mm of rainfall, while t ...Read More >
A Russian‑Indian joint venture has showcased the first design of a new high‑speed sleeper coach at the International Railway Equipment Exhibition in New Delhi. Kinet is a joint venture between Russian rolling stock companies and Indian government-owned Rail Vikas Nigam Limited (RVNL) for the manufacturing and maintenance of 120 Indian 'Vande Bharat' high-speed trains. The venture is expected to unveil the first prototype in June 2026, with manufacturing set to begin by the end of December, ...Read More >
The percentage of non-AC coaches on Indian Railways is as high as 70 per cent. Image: ANI Indian Railways has significantly enhanced the travel facilities for the benefit of economically weaker passengers with the number of seats available for non-AC passengers increasing to 54 lakh, which constitutes 78 per cent of the total, while AC seats comprise the remaining 22 per cent, the Parliament was informed on Wednesday. Due to the higher availability of general coaches, the number of passengers t ...Read More >
New Delhi: In a major festive season push, the Union Cabinet on Wednesday approved a Productivity Linked Bonus (PLB) worth Rs 1,866 crore for railway employees, benefiting over 10.90 lakh staff across the country. Union Railways Minister Ashwini Vaishnaw said the bonus, equivalent to 78 days of wages, recognises the dedicated efforts of railway staff in maintaining smooth operations and improving efficiency. "The payment of PLB acts as an incentive to motivate the railway employees for working towards improvement in the performance of the Railways," a Cabinet note said. As per the note, the m ...Read More >
Mumbai, Jul 5 (PTI) Central Railway has introduced a suburban train in Mumbai with a dedicated and renovated compartment for senior citizens, an official said on Saturday. In a release, CR said the middle luggage compartment in the sixth coach from the Mumbai-end was structurally and aesthetically modified to cater specifically to senior citizens following directives from the Railway Board. The prototype rake has been developed at Central Railway's Matunga Workshop, it added. "This dedicated compartment will minimise hassles faced by senior citizens while boarding and de-boarding suburban t ...Read More >
Mumbai: Central Railway has introduced the first local train rake equipped with a dedicated and specially renovated compartment for senior citizens recently. Meanwhile, Western Railway is in the process of launching a similar facility, with plans already underway. "Central Railway's Matunga Workshop has successfully rolled out the first Electric Multiple Unit (EMU) rake (local train) featuring a dedicated compartment for senior citizens in the Mumbai suburban network. The initiative, taken in immediate response to Railway Board directives, involved converting a middle luggage compartment in t ...Read More >
Mumbai, Jul 7 (PTI) Local train services on the Central Railway's Harbour line were fully restored on Monday morning, nearly 13 hours after a track relaying train (TRT) derailed near Nerul station, officials said. The TRT derailed near Nerul station at 4.20 pm on Sunday, leading to suspension of services on both the Up (towards Chhatrapati Shivaji Maharaj Terminus in south Mumbai) and Down (away from CSMT) lines between Vashi and Panvel. Thousands of commuters were left stranded during the peak evening hours. After the overnight work, the first local train from CSMT towards Panvel passed th ...Read More >
Thane: Saquib Nachan, head of the so-called Islamic State's (ISIS) India operations an accused in the Mumbai blasts case, died in Delhi's Safdarjung Hospital recently after suffering a brain haemorrhage. Retired police officer Ramdas Mhatre said Nachan resided in Padgha Borivali village and had hatched a conspiracy for a bomb blast in a restaurant at Mumbai Central railway station on December 6, 2002. Mhatre was then a senior police inspector at Mumbai Central Railway police station. Speaking to ETV Bharat, he said, Nachan was a prominent member of the 'Student Islamic Movement of India' (SI ...Read More >
CHENNAI: Four wagons of a freight train carrying fuel went up in blaze near Tiruvallur on Sunday morning, suspected to be after some of the wagons derailed, which led to massive disruption on the railway line. Several express trains were cancelled, diverted, or short-terminated. The thick, black smoke that billowed from the fire also affected road traffic on the busy Chennai-Tirupati highway. The incident reportedly happened after a few wagons of the goods train carrying fuel from the port derailed, leading to fuel spill. The sparked caused by the derailment triggered the fire and four wagon ...Read More >
Mumbai: Mumbai began its week under the grip of relentless rain and rising tides on Monday. The city recorded its first high tide of the day at 6:43 am, peaking at 3.89 metres, coinciding with heavy overnight showers that left large parts waterlogged. The tide has since been receding, with the lowest level of 2.1 metres expected at 12:45 pm, before another high tide of 3.36 metres at 6:13 pm. Waterlogging Reported Citywide The combination of intense rainfall and high tide conditions brought familiar monsoon woes to the city. Waterlogging was reported in several neighbourhoods, including King ...Read More >
Sydney's wettest August in 27 years has tipped the city's recent climate into uncharted territory. Analysing the complete weather history at Observatory Hill dating back to 1858 reveals rainfall during the past six years has been the highest on record. Since January 2020, the city has collected more than 9,300 millimetres -- beating the old record of 9,120mm from 1985 to 1990. Considering heavy rain will continue this week and more than four months remain in 2025, the record total will surge e ...Read More >
Mumbai Rain: The water-filled potholes further worsened the road traffic conditions. Mumbai: Incessant rains and water-logging slowed down traffic in Mumbai on Monday morning, with the IMD issuing a 'red alert', predicting very heavy showers in the city and neighbouring areas over the next few hours. After heavy rains overnight and in the morning, commuters complained of water accumulation on tracks at Dadar, Kurla and Bandra railway stations, and local trains running late by 10 to 15 minutes. Spokespersons of the Western Railway and the Central Railway, however, said their suburban servic ...Read More >
A massive homecoming is underway across India. Millions are traveling to Bihar for Diwali and Chhath Puja. Trains are packed, and tickets are scarce. Railway authorities are deploying special trains and extra staff to manage the overwhelming crowds. Similar scenes are reported at bus terminals. This annual migration highlights devotion and duty. The great homecoming has begun -- and it's utter chaos on the tracks! With Diwali, Chhath Puja, and assembly elections just around the corner, the India ...Read More >
Mumbai: In a move aimed at easing travel demand and improving passenger convenience, Western Railway has announced the extension and enhancement of several special train services connecting Mumbai with key destinations across the country. According to the information shared by Western Railways on X (formerly Twitter), the Mumbai Central-Katihar Weekly Special, which operates on Saturdays, has been extended significantly. The service will now operate from May 16 to July 25. In the return direction, the Katihar-Mumbai Central Weekly Special will run on Tuesdays from May 19 to July 28, providing ...Read More >
Mumbai: The Western Railway announced a 5-hour mega block between Churchgate and Mumbai Central from 10:35 AM to 3:35 PM on Sunday, June 8. During the block, track, signalling, and overhead equipment maintenance work will be undertaken. An announcement was made on X (formerly Twitter) on Friday regarding the Mega Block's impact on suburban trains. All slow-line trains will temporarily run on the fast lines. Additionally, some up and down suburban trains have been cancelled, and certain Churchgate trains will be short-terminated or reversed at Bandra/Dadar. In a separate news story related to ...Read More >
Tiruvallur (Tamil Nadu) [India], July 13 (ANI): Southern Railway issued helpline numbers for passengers seeking guidance after a goods train carrying diesel caught fire near Tiruvallur Railway Station in the Southern Railway on Sunday morning, railway officials said. The fire spread over to the last three wagons of the train, leading to major disruptions in railway operations. 'Passengers are requested to plan their journey accordingly. For updates and assistance, please contact the following helpline numbers: 044-25354151, 044-24354995,' Southern Railway said in an official statement. http ...Read More >
Janmashtami 2025: 7 Iconic Bollywood Songs Dedicated To Lord Krishna That Will Elevate Your Festive Celebrations India is about to take a big leap towards green transport with the upcoming rollout of its first hydrogen train. Railway Minister Ashwini Vaishnaw has today given a peek into the path-breaking loco on social media site X (Earlier Twitter), marking a big step toward greener railways. With this achievement, India stands to be a part of an exclusive club of countries - Germany, France, ...Read More >
New Delhi, Sep 24 (SocialNews.XYZ) In a major festive season push, the Union Cabinet on Wednesday approved a Productivity Linked Bonus (PLB) worth Rs 1,866 crore for railway employees, benefiting over 10.90 lakh staff across the country. Union Railways Minister Ashwini Vaishnaw said the bonus, equivalent to 78 days of wages, recognises the dedicated efforts of railway staff in maintaining smooth operations and improving efficiency. "The payment of PLB acts as an incentive to motivate the railway employees for working towards improvement in the performance of the Railways," a Cabinet note sai ...Read More >
MUMBAI: The heavens opened up over the city on Saturday night and Sunday, with several areas logging over 100 mm of rainfall. According to India Meteorological Department (IMD) data, the overall rainfall recorded at the Santacruz observatory this year stood at 3,077 mm on Sunday evening, 772.6 mm more than the city's seasonal average. IMD placed the city and its neighbouring districts of Palghar, Thane, and Raigad on red alert on Sunday. With the rain's intensity expected to subside, the alert was downgraded to orange for all the areas Monday and yellow on Tuesday. The incessant rains, with ...Read More >