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.
New Delhi: The Railway ministry issued a circular on Monday, increasing the fares of the non-air-conditioned class in mail and express trains by 1 paisa and all air-conditioned classes by 2 paise per kilometre from July 1. The fares of suburban trains and monthly season tickets have been left unchanged in the interest of daily commuters. The ordinary second-class fare has not been increased for up to 500 km and for distances beyond that, there is an increase in the ticket prices by half a paisa per km. The passengers of ordinary sleeper class and first class will also have to pay half a paisa more per km more from July 1. "The fare revision also applies to premier and special train services, such as Rajdhani, Shatabdi, Duronto, Vande Bharat, Tejas, Humsafar, Amrit Bharat, Mahamana, Gatimaan, Antyodaya, Jan Shatabdi, Yuva Express, AC Vistadome coaches, Anubhuti coaches and ordinary non-suburban services, in accordance with the revised class-wise fare structure," the ministry said.
Maharashtra government is planning to transform Mumbai. Devendra Fadnavis said that Mumbai will remain a part of Maharashtra. All suburban trains will soon be air-conditioned. The Dharavi slum redevelopment project is underway. Eligible slum-dwellers will be rehabilitated in Dharavi. The rehabilitation process will be completed in seven years. By 2030, half the electricity will come from green sources. Maharashtra Chief Minister Devendra Fadnavis on Friday said his government was taking all nece ...Read More >
Driven by a young and tech-savvy population, India is rapidly embracing IoT-based connected devices, with adoption rates soaring by an estimated 30%. Samsung India highlights this surge, noting India's strong position globally in smart system adoption, contributing significantly to innovations like the 'AI Home' concept through its extensive R&D presence in the country. India is experiencing a rapid uptake of IoT-based connected devices with adoption levels rising at an estimated 30 per cent for ...Read More >
Indian Railways has also brought a colour change to its air-conditioned coaches, and instead of plain white blankets, this change has brought by using Sanganeri print covers. The move aims to enhance comfort to the passengers, increase hygiene, showcase the rich cultural heritage of India and modernise the travelling experience. The origins of Sanganeri prints are in Sanganer, near Jaipur, in Rajasthan, and they are renowned for their floral designs and hand-blocked designs. It is an ancient art ...Read More >
Mumbai is set to get a driverless Pod taxi system. The Automated Rapid Transit System will connect Kurla and Bandra Kurla Complex. This project aims to improve last-mile connectivity for daily commuters. The system will feature AI-based pods running on battery power. It is expected to reduce traffic congestion and travel time.Maharashtra Chief Minister Devendra Fadnavis on Tuesday performed the groundbreaking ceremony for the driverless Pod taxi project, an Automated Rapid Transit System being developed between Kurla and BKC in Mumbai, to provide last-mile connectivity for daily commuters. De ...Read More >
New Delhi [India], April 9 (ANI): The consumer durable industry is navigating a challenging period where top-line growth is likely to be offset by thinning margins and regulatory shifts. Q4FY26 is expected to be a soft quarter for the sector, due to modest demand and rising input costs, noted a report by Centrum. The report estimated that the sector will see a 9 per cent year-on-year sales growth, reaching Rs 480 billion for the quarter. "For Q4FY26, we expect our coverage universe to see 9% YoY sales growth at Rs 480 bn while EBITDA margin is likely to fall 130 bps YoY to 9.5%, leading to 6% ...Read More >
New Delhi, Jun 29 (PTI) The Railway Ministry has enhanced the limit on passengers' waiting list from 25 per cent to 60 per cent for all AC classes and 30 per cent for non-AC classes by a fresh order issued on Saturday. The order to cap the waiting list of passengers of all classes at 25 per cent was originally issued on April 17 to all zones as well as the Centre for Railway Information System (CRIS). Also Read | Bengaluru Horror: Woman's Body Found Stuffed in Sack, Dumped in Garbage Truck Near Channammanakere Skating Ground; Murder, Possible Sexual Assault Under Investigation. The CRIS ame ...Read More >
New Delhi (India) June 30 (ANI): In a move aimed at streamlining fare structures and enhancing the financial sustainability of passenger services, the Ministry of Railways has rationalised the basic fare of Passenger train services, effective from 01 July 2025. The revised fares are based on the updated Passenger Fare Table issued by the Indian Railway Conference Association (IRCA), the railways said in a release. As per the release, no change in Suburban single journey fares and Season Tickets (for both suburban and non-suburban routes). The fare hike varies across different classes and tra ...Read More >
Tirupati: A large consignment of mobile phones in the luggage compartment of the Vemuri Kaveri Travels bus may have significantly intensified the inferno and accelerated the loss of lives, it has emerged.A consignment of 234 new smartphones was being transported in the bus going to Bengaluru from Hyderabad. Preliminary investigation revealed that a Hyderabad-based businessman, identified as Manganath, was transporting the consignment of mobile phones, worth approximately Rs 46 lakh, Kurnool polic ...Read More >
The train set, rolled out on March 31, 2026, makes the Kapurthala-based factory the second major facility after Chennai's coach factory to produce Vande Bharat trains In a significant boost to India's rapidly expanding semi-high-speed rail network, Indian Railways has rolled out its first 16-coach Vande Bharat chair car train from the Rail Coach Factory (RCF) in Kapurthala, Punjab. The development marks a major shift in production geography, with North India entering a space that was until now d ...Read More >
Mumbai, Apr 7 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Tuesday performed the groundbreaking ceremony for the driverless Pod taxi project, an Automated Rapid Transit System being developed between Kurla and BKC in Mumbai, to provide last-mile connectivity for daily commuters. Deputy Chief Ministers Eknath Shinde and Sunetra Pawar were present at the function along with the chief minister at the Diamond Garden metro station in Chembur. Fadnavis said that all necessary approvals for the project have been received. The Mumbai Metropolitan Region Development Authority (MMRDA) is exe ...Read More >
A bus fire near Thaiyat village in Jaisalmer claimed 20 lives. Authorities have released helpline numbers for the public to assist in identifying victims and supporting affected families. DNA identification efforts are underway, with an expert team en route to Jodhpur. A day after 20 passengers were killed after a bus travelling from Jaisalmer to Jodhpur caught fire on Tuesday, authorities in the District Administration of Jodhpur and Jaisalmer have issued their respective helpline numbers for t ...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 >
Mumbai: Fire Breaks Out In 7th Floor Flat Of Andheri West High-Rise, No Injuries Reported | File Pic (Representative Image) A fire broke out in a residential building in Diva in the early hours of Wednesday, causing concern among residents before being swiftly brought under control. Officials confirmed that no injuries or casualties were reported in the incident. According to the Disaster Management Cell of the Thane Municipal Corporation, the alert was received at around 1:54 am from the Diva ...Read More >
New Delhi: The Railway's decision to limit the passenger waiting list to 25 per cent of the capacity of each class has been flagged by reservation supervisors, ticket booking clerks and some senior commercial officers as uneconomical for the railways and inconvenient for travellers. The ministry, however, has justified the decision, saying less than one-fourth of the total number of waiting passengers get confirmed berths on an average and the 25 per cent cap has been placed in view of that. "The decision was made after meticulously studying the waiting list confirmation pattern," said Dilip ...Read More >
Faridabad AC Blast: In Haryana's Faridabad, a man, his wife, and daughter were killed in a severe blast caused by the air conditioner. The family was sleeping on the second floor of the building. The neighbours in the locality heard the loud noise of the blast. The incident happened around 1:30 am on Monday. While the three individuals of the family passed away due to the rising suffocation, the son managed to jump out of the window. However, he's admitted to the hospital and is in critical condition at the moment. The family was sleeping on the second floor of the four-storey building. The ...Read More >
New Delhi: The Vande Bharat Express has been running across the country for quite some time, but now the government is considering another major gift. The Vande Bharat Sleeper Express train is set to launch soon. The first Vande Bharat Sleeper train will run between Delhi and Patna. This will make the journey from Patna to Delhi much easier. Travel will be time-saving and convenient. Indian Railways may launch this train before Diwali, or Dhanteras, which will reduce the journey from Delhi to Patna. Fares are likely to be slightly higher than other express trains. The ticket schedule has not ...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 >
Mumbai, Aug 19 (PTI) More than 500 passengers were rescued on Tuesday evening after two overcrowded Monorail trains on elevated tracks got stuck between stations in Mumbai on a day of torrential rains, with over a dozen passengers complaining of suffocation, officials said. The rescue operation was over after almost four hours, they said, adding that overcrowding and power supply failure led to the snags. One of the Monorail trains was stuck between Mysore Colony and Bhakti Park, and cranes had to be deployed to rescue more than 400 passengers traveling in it. Over a hundred were evacuated f ...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 >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...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 >
Chennai: Chennai's first batch of electric buses hit the roads on Monday, with 120 non-AC low-floor buses flagged off by chief minister M K Stalin from the newly upgraded Vyasarpadi depot.While these buses feature modern amenities like a kneeling mechanism for easier boarding by senior citizens, women, children, and persons with disabilities, they lack air-conditioning -- a feature now standard in cities like Delhi and Mumbai. The kneeling function lowers the floor by another 250 mm, making the bus accessible for all. The buses, built by OHM Global Mobility (a subsidiary of Ashok Leyland) at 2 ...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 >
New Delhi: The month of July is going to start after a few hours, which will prove to be very important for common people as well as special people. Many big changes are going to be implemented across the country from July 1, 2025. The effect of the new rules will be seen from credit card users to LPG users. Apart from this, it will also affect the railway passengers. Users using credit cards of banks like HDFC Bank, SBI are expected to get a big shock. The new order of CBDT for PAN card application will come into effect from the first date. Before the new month starts, you can learn about fi ...Read More >
While approving the project in 2020, the Union government had asked the state to induct coaches under the lease model to reduce project costs A Karnataka Cabinet meeting on November 28 approved the state's share of Rs 2,135 crore for the purchase of 306 train coaches (rolling stock) for the Bengaluru suburban railway project. "The estimated cost for the rolling stock for the project is Rs 4,300 crore, out of which the state will bear Rs 2,135 crore (50 percent) and the remaining 50 percent will be borne by the Union government. This amount will be provided to K-RIDE to purchase 306 coaches o ...Read More >
New Delhi [India], January 13 (ANI): As many as 21 trains are running late on Monday due to low visibility caused by fog. For the past several days, rail operations have been hit by inclement weather conditions, primarily dense fog. Rajdhani Bhubaneswar, Rajdhani Howrah, Tejas Lucknow, Rajdhani Dibrugarh and Magadh Express are among the trains running late. Several trains were delayed due to foggy weather conditions today, while some trains have also been cancelled. The Purushottam Express experienced the longest delay of 311 minutes, followed by the Poorva Express, which was delayed by 198 ...Read More >
BENGALURU, India (AP) -- India's government is seeking to limit temperature settings on new air conditioners to save electricity in the country that is considered the fastest-growing market for them. The power minister proposed a rule in June requiring air conditioners sold in the country to have thermostats that can be set no lower than 20 Celsius (68 Fahrenheit). Officials hope the small change will create massive energy savings in the country of more than 1.4 billion people. About 10 million to 15 million air conditioners are sold annually as incomes and urbanization increase along with t ...Read More >
New Delhi, Jul 18 (PTI) The central drugs laboratories have found 55 samples manufactured by various firms in June to be "not of standard quality", health ministry officials said on Friday. Further, state drugs testing laboratories have identified 130 drugs samples as 'not of standard quality', they said. Also Read | Chhattisgarh: 6 Bodies of Naxals Recovered in Ongoing Encounter With Security Forces in Narayanpur. According to routine regulatory surveillance activity, the list of 'not of standard quality' and spurious drugs are being displayed on the Central Drugs Standard Control Organisa ...Read More >
New Delhi, July 19 (PTI) The Regional Medical Research Centre in Bhubaneswar, under the Indian Council of Medical Research (ICMR), has developed an advanced malaria vaccine that can prevent plasmodium falciparum infection in individuals and minimise community transmission. The ICMR Delhi has invited Expressions of Interest (EoI) from eligible organisations, companies and manufacturers enthusiastic about the Transfer of Technology for commercial production of "a recombinant chimeric multi-stage malaria vaccine (AdFalciVax) against plasmodium falciparum". The pre-clinical validation of this te ...Read More >
Kolkata: Ahead of World Ozone Day on Sept 16, a first-of-its-kind national survey by International Forum for Environment, Sustainability and Technology (iFOREST) revealed striking city-wise patterns in India's booming residential air conditioning (RAC) sector. The survey places Kolkata at a unique crossroads of energy efficiency and climate risk.The survey covered 3,100 households in seven cities -- Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Pune, and Jaipur -- using stratified random sampling a ...Read More >