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 decision aims to provide faster access for airport-bound passengers to reach Hebbal, where they can switch to the airport Metro line, eliminating the need for additional toll fees on road travel. However, the status of the proposed multi-modal hub at Hebbal on the 45-acre Karnataka Industrial Areas Development Board (KIADB) land remains unclear, as it was initially acquired for a tourism project.
Shimla, Feb 23 (PTI) Hundreds of truck operators on Monday took to the streets in Himachal Pradesh's Solan district against the hike in toll charges collected at entry points from vehicles registered outside the state and warned of blocking the national highway if the decision is not rolled back. The Congress government led by Chief Minister Sukhvinder Singh Sukhu, during a cabinet meeting held on February 13, approved the toll tax barrier policy 2026-27, according to which the light motor vehicles (LMVs), including cars, jeeps and vans would be charged Rs 170 instead of Rs 70 from April 1. ...Read More >
According to the state government, Dhami sought central assistance for a project linked to the Haridwar Ganga Corridor and requested approval of about ₹325 crore for the first phase of works. The proposed phase includes the undergrounding of electricity lines and automation of the power system in view of the upcoming Kumbh in 2027. He also requested approval for an additional amount of around ₹425 crore for the second phase of the project. The chief minister told the Union minister that prep ...Read More >
Bengaluru (Karnataka) [India], October 16 (ANI): The Karnataka Cabinet has approved the ambitious 117-km Bengaluru Business Corridor, aimed at easing traffic congestion and improving connectivity across the city. The corridor will link Tumakuru Road to Mysuru Road via Yelahanka and Electronic City, Deputy Chief Minister DK Shivakumar announced on Thursday. Addressing a press conference after the Cabinet meeting, Shivakumar said the Peripheral Ring Road (PRR) project has been rebranded and cleared as the Bengaluru Business Corridor. "The state government has taken a big step. The erstwhile Pe ...Read More >
Patna, July 19 (SocialNews.XYZ) In a major action against corruption, the State Vigilance Unit (SVU) on Saturday arrested Sub-Inspector Putul Kumari, the SHO of the Women's Police Station in Samastipur, for accepting a bribe of Rs 20,000. Her driver was also arrested in the case. The arrest has created a stir within the police department. According to an official, Putul Kumari was caught red-handed while taking the bribe from Rajiv Ranjan, a resident of Chhatauna village under Mufassil police station limits, in connection with an assault case. Rajiv Ranjan had filed a written complaint with ...Read More >
Bengaluru (Karnataka) [India], October 16 (ANI): The Karnataka Cabinet has approved the ambitious 117-km Bengaluru Business Corridor, aimed at easing traffic congestion and improving connectivity across the city. The corridor will link Tumakuru Road to Mysuru Road via Yelahanka and Electronic City, Deputy Chief Minister DK Shivakumar announced on Thursday. Addressing a press conference after the Cabinet meeting, Shivakumar said the Peripheral Ring Road (PRR) project has been rebranded and cleared as the Bengaluru Business Corridor. Also Read | Punjab DIG Harcharan Singh Bhullar Caught in INR ...Read More >
New Delhi, Jun 26 (PTI) Union Minister Sarbananda Sonowal on Thursday launched the country's first non-banking financial company in the maritime sector -- Sagarmala Finance Corporation Ltd (SMFCL). As a sector-specific NBFC, SMFCL is set to bridge financing gaps in the maritime sector and catalyse economic growth, the minister of Ports, Shipping and Waterways said. Also Read | What Are the New Metro Compensation Rules in India? Ministry of Housing and Urban Affairs Enhances Payouts for Death and Severe Injuries; Check Details. The corporation will provide financial products -- including sho ...Read More >
Bengaluru: A delegation led by chief minister Siddaramaiah, his deputy DK Shivakumar and some cabinet colleagues met Union defence minister Rajnath Singh Wednesday and sought central support for a wide range of proposals -- from setting up two defence industrial corridors and securing defence land for major infrastructure work in Bengaluru, to hosting an Indian Air Force (IAF) air show during this year's Mysuru Dasara celebrations.In a letter to Singh, Siddaramaiah urged the Centre to establish a defence industrial corridor each in North and South Karnataka, like those announced in Uttar Prade ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
Bengaluru: The State Cabinet on Thursday cleared the 117-km Bengaluru Business Corridor (BBC) project around Bengaluru city, Deputy CM DK Shivakumar said. The project will take two years for completion. The proposed corridor will originate and terminate at Tumakuru road. About 73 km of this road will be in North Bengaluru and the rest in South Bengaluru," he said, adding that the project would reduce the congestion in the city by 40%. The project was originally estimated to cost Rs 27,000 crore ...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 >
Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastrinagar. Dr Lad said he's seen at least three children admitted for dengue this week, with all of the ...Read More >
Adani Enterprises Ltd (AEL), the flagship firm of the Adani Group, announced on Monday that it has secured a Letter of Award (LoA) from the National Highways Logistics Management Ltd (NHLML) to develop the Sonprayag-Kedarnath ropeway in Uttarakhand. The project, worth Rs 4,081 crore, will be executed by AEL's Roads, Metro, Rail and Water (RMRW) division. Journey time to shrink drastically The 12.9 km ropeway aims to transform one of India's most difficult pilgrimages by cutting down the current 8-9 hour trek to just 36 minutes. Once operational, the ropeway will have the capacity to carry 1, ...Read More >
Adani Enterprises secures a project from National Highways Logistics Management. The project involves building a ropeway connecting Sonprayag and Kedarnath. Investment for the project is ₹4,081 crore. This 12.9 km ropeway aims to reduce travel time to Kedarnath significantly. The ropeway will operate under a Public-Private Partnership. Construction is expected to take six years. Adani Enterprises Ltd on Monday announced that the company received a Letter of Award from the National Highways Log ...Read More >
New Delhi, October 18: The Delhi Metro Rail Corporation (DMRC) has announced changes in train timings on the occasion of Diwali. On Sunday, October 19, metro services on the Pink, Magenta and Grey Lines will begin an hour earlier than usual, starting at 6:00 AM instead of 7:00 AM, DMRC announced on X. For Diwali day, Monday, October 20, the last metro trains from all terminal stations, including those on the Airport Express Line, will depart at 10:00 PM. Services throughout the day will operate as per the regular timetable. DMRC shared the update via a post on Saturday, urging passengers to p ...Read More >
Shimla/Bilapsur/Una (HP) April 1 (PTI) Tension prevailed at Himachal Pradesh's borders with Punjab and Haryana on Wednesday after the revised entry tax for vehicles came into effect, triggering protests and multiple traffic disruptions at multiple points. Angry residents from Punjab staged a "chaka jam" at the Garmoda toll on the Kirathpur-Nerchowk road in Bilaspur district in the morning, demanding exemption for vehicles registered in border districts. The protesters questioned the continuation of the entry tax despite Chief Minsiter Sukhvinder Singh Sukhub announcing a rollback and argued ...Read More >
Srinagar, June 28: Lieutenant Governor Manoj Sinha today chaired a high-level meeting with members of civil society organisations, religious leaders, elected representatives, and representatives from the trade and business communities to review arrangements for the upcoming Shri Amarnath Ji Yatra. Among those present were Chief Minister Omar Abdullah; Chief Secretary Atal Dulloo; Special Director General (Coordination) S.J.M. Gillani; Principal Secretary to the Lieutenant Governor and CEO of Shri Amarnathji Shrine Board, Dr. Mandeep K. Bhandari; Divisional Commissioner Kashmir Vijay Bidhuri; ...Read More >
Patna: The state cabinet on Tuesday cleared the govt's proposal to constitute a 12-member high-level committee, to be headed by the development commissioner, to explore the scope and alternatives for providing jobs\work opportunities to one crore youths by 2030."The high-level committee, to be headed by development commissioner Pratyaya Amrit, will also frame a long-term strategy to find alternatives to provide jobs\work opportunities to one crore youths during 2025-30," additional chief secretary of the cabinet secretariat department, S Siddharth, said after the meeting.Earlier, taking to the ...Read More >
NEW DELHI: Union home minister Amit Shah on Thursday said that Hindi was a "friend to all Indian languages", adding that there should be "no opposition" to any foreign tongues. This comes as several political parties have criticised the Centre over three-language policy, accusing it of Hindi imposition."I sincerely believe that Hindi can't be opposed ('virodhi') to any Indian language. Hindi is a friend ('sakhi') of all Indian languages," Amit Shah said. Shah was addressing the golden jubilee celebrations of the central government's official language department."There is no opposition to any l ...Read More >
New Delhi, Jul 18 (PTI) India's most valuable company Reliance Industries on Friday reported its highest-ever quarterly profit of Rs 26,994 crore for the April-June quarter, reflecting a growth of 78.3 per cent over the year-ago period, driven by consumer businesses and investment sales. The oil-to-retail-to-telecom conglomerate's consolidated net profit attributable to owners of the company stood at Rs 26,994 crore, or Rs 19.95 per share, in April-June 2025 compared to Rs 15,138 crore earnings in the year-ago period, according to an exchange filing. The net profit was also 39 per cent highe ...Read More >
Ahmedabad (Gujarat) [India] September 15 (ANI): Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Monday said it has received a Letter of Award (LoA) from the National Highways Logistics Management Ltd (NHLML) to develop the ropeway project between Sonprayag and Kedarnath in Uttarakhand. It will invest Rs 4,081 crore in the project, to be executed by AEL's Roads, Metro, Rail and Water (RMRW) division. The 12.9 km ropeway is expected to transform one of India's most challenging pilgrimages by reducing the journey time from the current 8 to 9-hour trek to just 36 minutes, ...Read More >
AGRA, Apr 7 : Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday delivered a major development gift to the Taj City of Agra. At a ceremony held in Rahankalan near the Agra Inner Ring Road, the Chief Minister inaugurated and laid the foundation stone for 325 development projects worth Rs6,466.37 crore. He performed the groundbreaking ceremony for the "Greater Agra" township, laying a roadmap for the city's urban expansion. The Chief Minister stated that "Greater Agra" will not only be a smart city but also a safe, modern, and well-organized city. He envisioned its future development mod ...Read More >
Dibrugarh: Three YouTubers were arrested in Dhemaji on Thursday for the brutal killing of wild birds and uploading graphic footage of their acts on their YouTube channel 'Jakrub'. The accused have been identified as Munindra Mushahary, Maheshwar Swargiary and Shiviram Swargiary.The trio reportedly hunted birds and destroyed nests at the Pitoni region of Hastinapur and Kardoiguri villages, an ecologically sensitive area. They used slingshots to kill birds and collected hundreds of eggs from their nesting grounds. The videos, which showed the destruction of habitats and killing of birds, sparked ...Read More >
Chennai, Aug 28 (SocialNews.XYZ) Tamil Nadu has once again emerged as the country's leader in industrial employment, with Chief Minister M.K. Stalin attributing the achievement to the policies of the Dravidian model government. Citing the Union government's Annual Survey of Industries 2023-24, CM Stalin said the recognition from New Delhi is itself the strongest rebuttal to critics, who have been "targeting" the state government on the industrial and economic fronts. In a post on 'X', the Chief Minister said, "This survey result is the irrefutable answer given by the BJP government itself to ...Read More >
Ahmedabad (Gujarat) [India] September 15 (ANI): Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Monday said it has received a Letter of Award (LoA) from the National Highways Logistics Management Ltd (NHLML) to develop the ropeway project between Sonprayag and Kedarnath in Uttarakhand. It will invest Rs 4,081 crore in the project, to be executed by AEL's Roads, Metro, Rail and Water (RMRW) division. The 12.9 km ropeway is expected to transform one of India's most challenging pilgrimages by reducing the journey time from the current 8 to 9-hour trek to just 36 minutes, ...Read More >
Ranchi, Jul 10 (PTI) Union Home Minister Amit Shah on Thursday said the Centre was committed to advancing the development of states with renewed focus and direction, calling for collective efforts to achieve this goal, officials said. Shah made the remark at the 27th Eastern Zonal Council meeting, attended by representatives from the four eastern states -- Jharkhand, Bihar, Odisha, and West Bengal -- including Jharkhand Chief Minister Hemant Soren and his Odisha counterpart Mohan Charan Majhi. Soren raised 31 issues concerning the state, including Rs 1.36 lakh-crore in dues from central coal ...Read More >
Kolkata, Sep 16 (PTI) Economist and former CPI(M) leader Prasenjit Bose joined the Congress during a programme in the metropolis, and asserted that he would support the party in its fight to "save the Constitution". Bose (51) became a part of the Congress at a formal joining ceremony here on Monday in the presence of party leaders Ghulam Ahmad Mir, Syed Naseer Hussain and Kanhaiya Kumar, besides state unit president Subhankar Sarkar. "We have to protect the Constitution, establish a government that is non-communal. Only the Congress can do that. I have joined the Congress to be part of its fi ...Read More >
NOIDA: As Noida International Airport prepares to open for commercial flights in May, the race now is to solve every passenger's first impression -- the journey to and from the terminal.In a major push to plug that last-mile gap, UP Roadways has decided to run buses from Pari Chowk to the airport every 30 minutes, while services from Noida City Centre will operate every hour."We are working to link the airport with Noida city centre, Delhi and other major NCR and north Indian cities through a mix of state-run buses, private shuttles, taxis and app-based mobility services," an official said.Sha ...Read More >
NEW DELHI: In a renewed effort to put economic pressure on Russia, the European Union on Friday unveiled a fresh package of sanctions, which includes lowering the price cap on Russian crude oil and sanctioning Nayara Energy Ltd, an India-based refinery linked to Russian energy giant Rosneft. This marks the first time the EU has imposed sanctions involving India, a country that has heavily relied on discounted Russian crude since the start of the Russia-Ukraine war in 2022. Nayara Energy Ltd, formerly known as Essar Oil Ltd, operates a 20-million-tonne-per-year refinery in Vadinar, Gujarat, an ...Read More >
NEW DELHI: Come Saturday and people can whistle into Srinagar on a train as Northern Railway has notifed regular Vande Bharat Express services between Katra and the city. PM Narendra Modi will flag off the first passenger train to the Kashmir Valley on Friday from Katra.The service will be operational for six days a week with no train on Wednesday, railways said. More trains would be deployed depending on demand at a later stage, officials added. From Saturday, a pair of Vande Bharat trains will operate on the Srinagar-Katra-Srinagar route with an intermediate halt at Banihal. Journey time wil ...Read More >