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.
HYDERABAD: In a major operation on Monday, HYDRAA launched a crackdown at Sunnam Cheruvu, cleared illegal structures within the lake's Full Tank Level (FTL) limits and halted the sale of contaminated groundwater. Officials confirmed that borehole operators were supplying water with high levels of lead, cadmium and nickel -- metals known to cause cancer and other health issues. Dissolved oxygen levels were found to be zero, making the water unfit even for irrigation, as per Pollution Control Board (PCB) reports. Tankers were seized, and sheds around boreholes demolished. HYDRAA has lodged complaints against individuals involved. "Tests confirmed the presence of cancer-causing agents. Supplying such water to hostels, offices or homes is a crime," said HYDRAA Commissioner AV Ranganath. "Encroaching on lake land and extracting water illegally falls squarely under our jurisdiction. Landowners with valid claims can pursue legal remedies, including compensation or TDR, but cannot obstruct restoration." According to Survey of India topo sheets from 1970, Sunnam Cheruvu's area was 26 acres. This was revised to 32 acres by HMDA in 2016. Restoration efforts are based on boundaries marked by the Irrigation and Revenue departments in 2014. HYDRAA clarified that it is strictly adhering to these demarcations. Due to the lake's FTL status, HUDA had earlier cancelled layouts in the area, and no construction permissions have been granted in the past 10 years. While some plot owners claim the matter is sub judice, HYDRAA has advised them to approach the government and explore TDR eligibility as per legal provisions.
SOLAPUR, India (Reuters) - India is likely to produce a record amount of sugar in the next marketing year from October after millions of farmers expanded cane cultivation, encouraged by ample water supplies and declining prices of competing crops, farmers and industry officials told Reuters. The rebound in production would allow the world's second-largest sugar producer to resume exports in 2025/26, they said, after a lack of rain cut cane yields and led to two years of restrictions. Indian exports could cap global sugar prices, traders said, by increasing supplies in the world market at a t ...Read More >
NEW DELHI, Dec 11 (Reuters) - London copper prices climbed to a nearly one-month high on Wednesday, as markets drew support from top consumer China's recent announcement that it will ease monetary policy and adopt a proactive fiscal policy to propel growth next year. Three-month copper on the London Metal Exchange (LME) was up 0.8% at $9,290 per metric ton, as of 0353 GMT. The contract briefly touched $9,314 per metric ton, its highest level since Nov. 12. The most-traded January copper contract on the Shanghai Futures Exchange (SHFE) rose 0.4% to 75,690 yuan ($10,443.31) a ton. China will ...Read More >
Mumbai: In a move aimed at curbing illegal sand transportation, Maharashtra's Revenue Minister, ChandraShekhar Bawankule, informed the State Assembly that sand transportation across the state would now be allowed 24 hours a day, 7 days a week. This decision is part of a broader effort to reduce accidents caused by illegal sand mining and improve transparency in sand transportation. Bawankule was replying on the issue raised by Congress MLA Nana Patole in the state assembly "Currently, sand excavation is permitted only from 6 AM to 6 PM. However, sand stored during the day couldn't be transpo ...Read More >
Stocktwits - Indian markets remained rangebound at open, with the Nifty index hovering around the 25,400 level. The retail sentiment on Stocktwits for Nifty has moved to 'neutral' from 'bullish'. Nifty sentiment and message volume on July 4 as of 9:45 am IST. | source: StocktwitsSectorally, metals continued to trade under pressure, while real estate, FMCG and pharma stocks saw some buying. Trent (NSE:TREN) was the top Nifty loser, falling 8% after management at its AGM stated that its fashion segment is expected to grow approximately 20% in Q1FY26E. Nuvama has downgraded the stock to 'Hold' ...Read More >
New Delhi: The skies over northwest China just witnessed something the world's top military minds were not ready for. A sharp boom, a fiery trail and a breakthrough - Beijing has test-flown the 'Feitian 2', a next-generation hypersonic craft capable of reaching speeds that challenge the very limits of modern air defense. This is not a missile that burns out and falls. This machine comes back. It is reusable. It is fast - Mach 12 fast that is nearly 14,800 kilometers per hour. For comparison, most commercial jets cruise at about 900 kmph. Built by China's Northwestern Polytechnical University ...Read More >
New Delhi, July 10: Legendary India all-rounder Yuvraj Singh thanked his former teammates, friends, and family members for turning up for a special YouWeCan Foundation charity event in London on Tuesday. The event was graced by several cricketing legends, including Indian icons Sachin Tendulkar and Virat Kohli, Brian Lara, Ravi Shastri, Chris Gayle, and former England stars Kevin Pietersen and Darren Gough, among others. The Indian men's cricket team, led by Shubman Gill and head coach Gautam Gambhir, also joined the gala ceremony. Sachin Tendulkar Rings Iconic Bell at Lord's Cricket Ground Ah ...Read More >
Hyderabad (Telangana) [India], July 16 (ANI): Anti-Corruption Bureau arrested the former Engineer-in-Chief of the Telangana Irrigation Department in a disproportionate assets case, officials said on Wednesday. According to ACB, the case was lodged against C Muralidhar Rao for having acquired assets through unlawful practices during his service. ACB also conducted searches at the house of the accused and 11 other places that belonged to him or his relatives. According to ACB, during the searches one villa at Kondapur, one flat in Bnajara hills, one flat in Yousuf guda, one flat in Begumpet, ...Read More >
HYDERABAD: The 2025 Bathukamma festival is set to be celebrated with increased fervour in Hyderabad this September, as rejuvenation works at Bathukamma Kunta in Bagh Amberpet near completion. For the first time in years, women from surrounding areas will be able to celebrate the nine-day festival at the lake, which had previously been rendered unusable due to encroachments and pollution. HYDRAA, with support from the Hyderabad Metropolitan Development Authority (HMDA), began restoration of the 14.02-acre lake in February this year at an estimated cost of Rs 9.8 crore. Minor works are underway ...Read More >
Mysuru: The forest department in Mysuru and Chamarajanagar has initiated a comprehensive drive to identify and reclaim encroached forest lands. Early this week, the Mysuru forest department reclaimed eight acres of forest land in Hunsur.The forest department is currently investigating encroachments of a minimum of three acres and above, and measures are being taken. They are either evacuating encroachments by individuals or cancelling illegal grants of land by the revenue department by producing records.About eight acres of land in Gagenahalli in Hunsur, which was granted to an individual in e ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
PATNA: Close on the heels of the murder of prominent businessman Gopal Khemka, a Bharatiya Janata Party (BJP) functionary was shot dead by unidentified armed assailants in Bihar's Patna district late on Saturday night. The incident took place when Surendra Kewat, 52, a resident of Sheikhpura village, was returning home from his farmland. He was critically injured and rushed to the All India Institute of Medical Sciences (AIIMS), Patna, where he succumbed to his injuries during treatment. The motive behind the killing is yet to be established. R K Pal, Station House Officer (SHO) of Pipra pol ...Read More >
Hyderabad: In a major crackdown on illegal water supply operations, HYDRAA (Hyderabad Residents Awareness and Action Association) filed a formal complaint against several water tanker operators accused of illegally drawing polluted water from Sunnam Cheruvu in Madhapur and supplying it to hostels and residential areas. Acting on the complaint, Madhapur Police registered a case against multiple private tanker operators who were reportedly extracting water from unauthorised borewells and selling it under the pretext of clean drinking water. HYDRAA revealed that the contaminated water was being ...Read More >
Kerala Lottery Result Today (July 9, 2025): Kerala State Lotteries programme, the first of its kind in India, is a flagship initiative by the Government of Kerala, launched in 1967. It was established to ban private lotteries and provide employment while boosting state revenue through legal and transparent means. The Kerala Lottery Department now operates under the Taxes Department and employs more than 500 people across 14 district offices, 21 sub-lottery offices, and the Directorate in Thiruvananthapuram. There is also a regional deputy directorate in Ernakulam and an audit office in Kozhik ...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 >
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 >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
Bahraich, June 28: Two minors allegedly killed a man by slitting his throat and then crushed his head with a stone to steal his iPhone to create "high-quality reels" for more likes, police said on Saturday. Police have held both the accused and initiated investigations. The victim, Shadab (19), who lived in Bengaluru, was visiting his ancestral village of Nagaur in Bahraich for his maternal uncle's wedding. Additional Superintendent of Police, Ramanand Prasad Kushwaha, said that the incident occurred on the night of June 20. "Shadab was reported missing on June 21, and his body was discovered ...Read More >
Baramulla, Jul 5: Hundreds of mourners from Delina and its neighbouring villages Saturday participated in the Muharram procession, the 9th day of the month of Muharram-Ul-Haram at Delina area of north Kashmir's Baramulla district. The procession was one of the series of processions being held in the month of Muharram, the first month of Islamic calendar. Dressed in black and carrying flags bearing religious inscriptions, participants from the villages of Hygam, Bulgam, Bohripora, Syedpora, Uri, Boniyar and other villages marched from new Imambargah through the National Highway NH-1 to the ma ...Read More >
NEW DELHI: "My sister has cancer, and I want to dedicate this win to her," said an emotional Akash Deep after India's resounding 336-run victory over England in the second Test at Edgbaston on Sunday.Despite battling personal crisis, which has been a story of his life, the Indian pacer kept his emotions under wraps -- even from his U-19 coach and mentor, former Bengal cricketer Saurasish Lahiri, whom he treats like an elder brother. Akash prioritised national duty and delivered a spectacular performance to script one of India's most memorable overseas wins. He had a Test match to remember, cla ...Read More >
Hyderabad (Telangana) [India], July 9 (ANI): A 43-year-old man died and 15 others were hospitalised after allegedly consuming adulterated toddy in the Kukatpally area of Telangana's Hyderabad, officials said on Wednesday. According to police, the deceased, identified as Seetharam, a daily wage labourer (mason), reportedly consumed toddy at HMT Hills on the evening of July 7. Later that night, he started vomiting and diarrhoea. Also Read | ISRO Successfully Conducts 2 Hot Tests of Gaganyaan Service Module Propulsion System To Validate Test Article Configuration. As his condition worsened, Se ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...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 >
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 >
Shimla, Jul 17 (PTI) Himachal Pradesh High Court has directed the state government to remove encroachments on forest lands, including the fruit-bearing trees, all across the state and not limit it to some areas. The order was passed by a division bench consisting of Justices Vivek Thakur and Bipin C Negi on Wednesday after the Advocate General placed on record fresh instructions issued by Principal Chief Conservator of Forests, informing that 2,456 apple and other fruit trees have been felled from forest lands in Chaithla village, and 713 and 490 trees in Rohru and Kotgarh forest divisions, r ...Read More >
MANDYA: Tension gripped Elechakanahalli village in Mandya taluk after Dalits were allegedly denied entry into Maramma temple by upper caste people. As the situation escalated, heavy police deployment was made to prevent any untoward incidents. The controversy began when upper caste villagers reportedly blocked Dalits from entering Maramma temple, leading to clashes between the two communities. Taluk authorities temporarily sealed the temple and enforced tight security in the area. Later, leaders from both communities placed separate locks on the temple doors, further deepening the standoff. ...Read More >
New Delhi [India], June 8 (ANI): In a major crackdown, the Anti-Narcotics Task Force (ANTF) of the Delhi Police has busted an interstate drug syndicate and seized 348.176 kilograms of Ganja, officials said. According to Apoorva Gupta, Deputy Commissioner of Police, ANTF, Crime Branch, Delhi, the seized contraband is valued at approximately Rs 1.75 crore in the international market. Also Read | Eknath Shinde Comes to the Rescue of Woman in Need of Kidney Transplant, Drops Her From Jalgaon to Mumbai in His Chartered Plane After She Misses Flight (See Pics). The drug was being smuggled from An ...Read More >
Mumbai: An article by Congress leader Rahul Gandhi terming the 2024 state assembly polls as 'match-fixing' stirred a political controversy in Maharashtra. Statement Of Maharashtra CM Devendra Fadnavis Chief Minister Devendra Fadnavis said the Congress leader was insulting the voters and Ladki Bahins of Maharashtra. He said, "Rahul Gandhi has accepted his defeat in Bihar. As long as Rahul Gandhi keeps giving himself false assurances, his party can never win". Revenue Minister Chandrashekhar Bawankule's Statement Revenue Minister Chandrashekhar Bawankule criticised Gandhi, saying his party w ...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 >
Mumbai, July 3: India Inc has shown remarkable financial strength over the last five years, with corporate profits growing nearly three times faster than the country's GDP between FY20 and FY25, a new report said on Thursday. The profit-to-GDP ratio has risen significantly to 6.9 per cent -- reflecting strong earnings performance despite economic challenges, according to the data compiled by Ionic Wealth (Angel One). The report, titled 'India Inc. FY25: Decoding Earnings Trends & Path Ahead', highlights that FY25 was a resilient year for Indian companies. Revenue of Nifty 500 firms grew by ...Read More >