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.
Indore, Jul 1 (PTI) The Madhya Pradesh High Court has ordered the National Testing Agency (NTA) to conduct a retest of NEET-UG for candidates affected by power cuts at exam centres, noting that they were placed at a disadvantage through no fault of their own. The High Court cited Article 14 of the Indian Constitution, which establishes the principle of equality and justice for all citizens, to give the petitioners relief. The National Eligibility-cum-Entrance Test (NEET-UG) for admission to undergraduate courses in medicine was held on May 4, when parts of the state faced a power outage due to bad weather. Justice Subodh Abhyankar of the high court's Indore bench reserved his decision last month after hearing arguments from all concerned parties on the petitions of several NEET-UG candidates. Speaking to PTI on Tuesday, the petitioners' lawyer, Mridul Bhatnagar, said that the court's June 23 order will benefit 75 affected candidates who appeared for NEET-UG amid power cuts at exam centres in Indore and Ujjain. The order stated that without any fault on their part, candidates were put into a disadvantageous position due to a power outage, which did not prevail in the other examination centre or even in the same centre where some students were sitting in favourable spots with sufficient natural light. The court directed the NTA to conduct the examination as expeditiously as possible for the affected candidates and declare the results, making it clear that the petitioners' rank, based solely on their scores in the retest, should be considered. "It is made clear that those persons who have filed the petition after the declaration of provisional answer key i.e., June 3, 2025, shall not be entitled to get any benefit of this order," the court held. The petitioners argued that their performance in the entrance exam was affected by a power outage amid bad weather on May 4, and they should be allowed to retake the test. Pleading on behalf of the NTA, Solicitor General of India Tushar Mehta cited a committee report stating that alternate arrangements for power supply had been made in most examination centres and power supply was restored immediately after a complaint was made to the power distribution company. Mehta had also submitted that candles, emergency lights, power backup and inverters were made at examination centres. PTI HWP MAS ARU
Story so far: India celebrated its 75th year of adoption of its Constitution on Tuesday (November 26, 2024) with President Droupadi Murmu addressing a joint session of parliament. While the Constitution of India hits its diamond jubilee this year, event commemorating is as 'Constitution Day' was started only in 2015. Prior to this, it was called 'National Law Day' -- first initiated by former Supreme Court Bar Association (SCBA) president Laxmi Mall Singhvi in 1979. "The Indian Constitution is a live, progressive document," said Ms. Murmu adding, "I urge all citizens to imbibe the constitutio ...Read More >
New Delhi, Dec 4 (PTI) "On the face of it you are a corrupt person. Crores of rupees were recovered from your premises," the Supreme Court on Wednesday told former West Bengal minister Partha Chatterjee, held in an alleged cash-for-job scam in the state. A bench of Justices Surya Kant and Ujjal Bhuyan, which reserved its verdict on the bail plea of Chatterjee, questioned the enforcement directorate (ED) over his continued incarceration saying he cannot be kept inside for an indefinite period. "On the face of it you are a corrupt person. Crores of Rupees were recovered from your premises. Wha ...Read More >
New Delhi, Dec 11 (SocialNews.XYZ) Congress on Wednesday gave a notice to move a motion for the adjournment of the business of the Lok Sabha to discuss the recent statements made by a sitting judge of the Allahabad High Court. "I hereby give notice of my intention to ask for leave to move a motion for the adjournment of the business of the house for the purpose of discussing a definite matter of urgent importance, namely:- The recent statements made by a sitting judge of the Allahabad High Court..." said K. Suresh, Congress MP and party's Chief Whip in the Lower Hosue. He said in the notice ...Read More >
CHITTOOR (Andhra Pradesh): The Apollo University, Apollo Hospitals and University of Leicester, United Kingdom, have partnered to establish the Centre for Digital Health and Precision Medicine (CDHPM) at The Apollo University campus in Chittoor, Andhra Pradesh. The advanced research center will bring together the expertise and resources of both institutions to create a global hub for digital health and precision medicine. The CDHPM will be the hub in Chittoor, India. The hub at the University of Leicester will be based at the BHF Cardiovascular Research Centre at Glenfield Hospital, Leicester ...Read More >
Bengaluru, Dec 11 (PTI) The National Law School of India University, which has pioneered and developed an integrated five-year BA LLB (honours) degree that transformed Indian legal education, has now come up with a three-year (honours) BA course with an option of an additional fourth year. The first cohort of the programme will be admitted in July 2025, the NLSIU said. "We are looking to develop something that is responsive to 2025, but is completely different," the NLSIU Vice Chancellor Sudhir Krishnaswamy said at the launch of the programme. He said the university will teach the social sc ...Read More >
Mumbai: The Bombay High Court has raised concern over terminally ill prisoners languishing in Maharashtra's jails and asked the state govt to consider proper implementation of an advisory on grant of medical bail or to place them in house arrest. A division bench of Justices Revati Mohite Dere and Prithviraj Chavan on Monday said they visited the Yerwada central prison in Pune on Sunday and met with prisoners, particularly women inmates, and inspected the condition there. The bench referred to a ...Read More >
Muzaffarnagar (UP), Dec 6 (PTI) A teacher who asked other students to slap a Muslim boy in a school here surrendered at a POCSO court and was released on bail, an official said on Friday. Tripta Tyagi was caught last year in a video asking children to slap a boy in a school where she taught. Additional District Judge (POCSO) Alka Bharti on Thursday granted her bail and ordered her to furnish two sureties of Rs 25,000 each. She posted the matter for further hearing on Friday. Kapil Ahlawat, Tyagi's lawyer, told PTI that Tyagi had surrendered in the Special POCSO court on Thursday and sought ...Read More >
Nagpur, Dec 15 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Sunday slammed the opposition parties, accusing them of not believing in the Constitution. Fadnavis landed in Nagpur to a grand welcome from party workers and people. Talking to reporters at Nagpur airport, Fadnavis said, "It is a joyous moment that after becoming the chief minister, I have come to my janmabhoomi and karmabhoomi (birthplace and workplace). Nagpur is my family, and it is welcome by my family." Fadnavis took oath as the chief minister for the third time on December 5 after the Mahayuti combine swept the Novem ...Read More >
New Delhi, Dec 17 (PTI) Hockey India on Tuesday announced free entry for fans for both men's and women's matches of the Hockey India League to be played at Rourkela and Ranchi. The eight-team men's HIL in a new format will start on December 28 at Rourkela's Birsa Munda Stadium and will conclude on February 1, 2025. The women's edition comprising four teams will be held at Ranchi's Marang Gomke Jaipal Singh Munda Astro Turf Stadium from January 12-26. Also Read | ZIM vs AFG 2024: Rahmanullah Gurbaz Ruled Out of Zimbabwe ODI Series With Quadriceps and Hip Flexor Injuries. Additionally, HI sai ...Read More >
Mhow (M.P), Jan 27 (PTI) Congress president Mallikarjun Kharge on Monday urged party workers to unite in saving the Constitution, saying the Dalits, backwards, tribals and poor will suffer otherwise. Addressing the "Jai Bapu, Jai Bhim, Jai Samvidhan" rally here, he also branded the BJP-RSS people as "traitors" and said the Congress will never tolerate the exploitation of the poor in the name of religion. Taking a swipe at BJP leaders taking holy dip at the Maha Kumbh, Kharge said taking a dip in the holy Ganga will not help remove poverty. He, however, stressed that he does not wish to hurt ...Read More >
In the financial sector, the rise of generalist lenders is gaining traction as market dynamics shift. Once overlooked, lenders offering a broad spectrum of services are now favored over specialists like microfinance or affordable housing lenders. Post-COVID, regulatory pressures and emerging risks in niche sectors have driven many lenders to diversify their portfolios, appealing to investors seeking stability. From gold loans to SME lending, diversification mitigates risk and strengthens customer relationships. As the financial landscape evolves, the demand for generalist lenders is expected t ...Read More >
New Delhi: From 2025, the CUET-UG will be conducted exclusively as a computer-based test (CBT), and students will have the flexibility to appear for any subject, regardless of what they studied in class 12. This decision follows a review conducted by an expert panel set up by the University Grants Commission (UGC), as explained by UGC Chairman Jagadesh Kumar. What are the major changes? In an interview with PTI, Kumar elaborated on the changes saying, "The exam will be conducted only in CBT mode from 2025, unlike the hybrid mode used last year. We have also reduced the number of subjects fr ...Read More >
New Delhi, Dec 12 (PTI) The government on Thursday came out with the definition of green steel and asked the industry to take measures to bring down carbon emissions below the level of 2.2 tonnes on per tonne of finished products. Union Steel Minister H D Kumaraswamy also released a 'taxonomy on green steel' with parameters for giving star ratings on products based on the amount of carbon dioxide (CO2) emitted during the production process. The steel industry has been the backbone of India's industrial growth and it is imperative that this vital sector undergoes a transformative shift towards ...Read More >
'Of course, if I get an opportunity to lead RCB, that is what I am there for, and I will be happy.' IMAGE: Rajat Patidar's name is doing rounds within RCB circles as their prospective captain for IPL 2025. Photograph: BCCI Rajat Patidar's international career did not take off as he would have liked, but the Madhya Pradesh batter is confident of 're-creating' the opportunity through domestic matches and make a comeback to the Indian team. Patidar's six innings against England earlier this year ...Read More >
New Delhi, Dec 17 (PTI) Sports minister Mansukh Mandaviya flagged off the 'Fit India Cycling Drive' at the Major Dhyan Chand National Stadium here on Tuesday. Close to 500 cycling enthusiasts joined the three kilometres ride from the stadium to Raisina Hills and back, the initiative aimed at promoting cycling as a sustainable and healthy mode of transportation. Also Read | ZIM vs AFG 2024: Rahmanullah Gurbaz Ruled Out of Zimbabwe ODI Series With Quadriceps and Hip Flexor Injuries. The event was flagged off by Mandaviya in the presence of Raksha Khadse, the minister of state (Sports), MP Tej ...Read More >
New Delhi [India], February 3 (ANI): The Supreme Court on Monday sought the Central Forensic Science Laboratory (CFSL) report on the examination of certain leaked audio tapes which allegedly implicate Manipur Chief Minister N Biren Singh for instigating ethnic violence in the state. A bench of Chief Justice of India Sanjiv Khanna and Justice Sanjay Kumar said the CFSL report should be submitted in six weeks in a sealed cover. Also Read | Bengaluru Water Crisis: Residents Brace for Harsh Summer As Groundwater Levels Drop Dangerously Low. The bench then posted the hearing in the week commenci ...Read More >
Kochi, Feb 3 (PTI) The opposition Congress-led UDF on Monday intensified its criticism of Union Ministers George Kurian and Suresh Gopi over their recent controversial statements, calling their remarks "immature" and accusing BJP leaders like them of having contempt for Kerala. Addressing reporters here, the Leader of Opposition in the state Assembly, V D Satheesan, strongly criticised the "backward" remark made by Kurian, the Minister of State for Minorities and Fisheries, on Union Budget day, and stated that Kerala has only sought the funds it rightfully deserves from the centre. Taking a ...Read More >
New Delhi, Jun 5 (PTI) Chief Justice of India B R Gavai on Thursday said India has continuously aspired to become a hub of international arbitration by building a progressive legislative framework, a pro-enforcement judiciary and robust institutional support. In his keynote address on "Arbitrating Indo-UK Commercial Disputes" as part of the London International Disputes Week, the CJI said India and the United Kingdom shared a rich history, bound by a common legal heritage rooted in the principles of common law. He referred to the July 2018 memorandum of understanding signed between India and ...Read More >
Kuldeep Singh Sengar is also serving a 10-year jail term in connection with the custodial death of the Unnao rape victim's father. Kuldeep Singh Sengar sought interim bail on the grounds that he was suffering from various ailments The Delhi High Court on Thursday granted a two-week interim bail on medical grounds to expelled BJP leader Kuldeep Singh Sengar who is serving life term for raping a minor in Uttar Pradesh's Unnao in 2017. A bench headed by Justice Prathiba M Singh suspended the sent ...Read More >
Mumbai BEST accident: Amid ongoing investigations into the Kurla accident case, the Mumbai police on Tuesday, sought custody of the driver of the electric bus - operated by the civic-run Brihanmumbai Electric Supply and Transport (BEST), which led to the death of seven persons, and injured 42 others on December 10. Reportedly, the Mumbai police suspect that the driver, Sanjay More, might have 'deliberately' attacked the people, using the bus as a 'weapon'. A magistrate court has now ruled that More would be under the custody of Mumbai Police until December 21. The Mumbai Police presented San ...Read More >
New Delhi: The University Grants Commission (UGC) on Wednesday announced a significant update in its approach to conducting the Common University Entrance Test (CUET) for both undergraduate (UG) and postgraduate (PG) students for the year 2025. The UGC has invited public feedback on the revised methodology aiming to refine the examination process for a better and more efficient testing environment for candidates. Since its inception in 1956 under the UGC Act, UGC has been pivotal in setting and maintaining the standards for higher education, coordinating with universities, and providing fina ...Read More >
Mumbai, Dec 12 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Thursday said the government promptly made an arrest after a replica of the Constitution was damaged in Parbhani, yet violent protests took place which was unacceptable. The accused, who allegedly damaged the replica, was a mentally unstable man, Fadnavis told reporters in Delhi. A bandh was called on Wednesday after the glass-encased replica of the Constitution near Dr B R Ambedkar's statue outside the Parbhani railway station was found damaged the previous evening. But the shut-down took a violent turn when a mob indulged ...Read More >
New Delhi, Dec 18 (PTI) Leader of Opposition in the Lok Sabha Rahul Gandhi on Wednesday said the country will not tolerate Babasaheb Ambedkar's insult and demanded that Home Minister Amit Shah should apologise for his remarks in the Rajya Sabha. Several MPs of the INDIA bloc, including Congress leaders Mallikarjun Kharge and Rahul Gandhi, staged a protest in Parliament premises demanding Shah's apology for his remarks which they claimed were an insult to B R Ambedkar. Sharing pictures from the protest, Gandhi said in a Facebook post in Hindi, "Baba Saheb is the architect of the Constitution, ...Read More >
Kolkata, May 23 (PTI) The Calcutta High Court on Friday directed protesting teachers and other staff of West Bengal government-run and -aided schools, who lost their jobs due to a Supreme Court ruling, to shift their protest venue in the interest of public convenience. The court also limited the number of participants to 200 at any given time. Hearing petitions filed by the Deserving Teachers Rights Forum, under whose banner the protest is being organised, and the state government, Justice Tirthankar Ghosh ordered the protesters to move to Central Park in Salt Lake, located opposite Bikash B ...Read More >
New Delhi: The Supreme Court on Wednesday closed the proceedings before the Madhya Pradesh High Court against state minister Vijay Shah in connection with his remarks against Indian Army officer Colonel Sofiya Qureshi. The officer gained nationwide prominence along with another woman officer, Wing Commander Vyomika Singh, during the media briefings on Operation Sindoor. The matter came up before a bench comprising Justices Surya Kant and N Kotiswar Singh. Solicitor General Tushar Mehta informed the top court that parallel proceedings were going on before the High Court against the minister. T ...Read More >
New Delhi, Dec 3 (PTI) India began their campaign in the 20th Asian Women's Handball Championship (AWHC) 2024 with a battling 31-28 win over Hong Kong here on Tuesday. India's win was mainly due to brilliant performances from Bhawana Sharma and Menika. Also Read | Pakistan Champions Cup T20 2024 Schedule, Free Live Streaming Online, Teams, Squads and All You Need to Know. India started the match positively, scoring their first goal of the tournament through Priyanka Thakur, who was instrumental in India's historic win at the 2022 Asian Women's Junior Handball Championship. Moments later, e ...Read More >
INDIA bloc MPs, donning black jackets with slogans like "Modi Adani Ek Hai", protested at Parliament demanding a joint probe into the Adani issue. Priyanka Gandhi Vadra accused PM Modi of evading discussion on the "Adani mega scam" while defending Adani's alleged corruption. Rahul Gandhi asserted that Modi won't investigate Adani as it would be like investigating himself.Congress leader Priyanka Gandhi Vadra Thursday said the country's people want the "Adani mega scam" to be discussed in Parliame ...Read More >
New Delhi, Dec 12 (PTI) It will be a two-way fight between incumbent Arun Jaitley and former India cricketer Kirti Azad for the president's post in the three-day DDCA elections beginning here on Friday. The results will be declared on December 16. The Jaitley-led panel holds significant clout among the 3748 members likely to vote in the elections. Also Read | India Women's Cricket Team Fined For Slow Over-Rate in Second ODI Against Australia. Azad, a member of the 1983 World Cup-winning India team and sitting Trinamool Congress MP from Bardhaman-Durgapur constituency, is confident of change ...Read More >
Thiruvananthapuram, Dec 17 (PTI) CPI(M) MP and former Kerala Minister K Radhakrishnan on Tuesday said that his party was against the 'one nation, one election' policy being mooted by the central government and the legislation in favour of it would be strongly opposed. Radhakrishnan said that besides the CPI(M), even the Congress would oppose the legislation trying to bring simultaneous elections in the country. He further said that even the regional parties would oppose the policy of simultaneous polls as this concept was not beneficial for them. Two bills that lay down the mechanism to hol ...Read More >
Vadodara, Jan 17 (PTI) Karun Nair's exploits in the Vijay Hazare Trophy was on Friday termed "nothing short of extraordinary" by batting legend Sachin Tendulkar, who urged the Vidarbha skipper to "keep going." Nair has been on a roll in India's premier 50-over domestic competition, averaging a mind-boggling 752 in seven innings after amassing 752 runs with five centuries and one fifty. Also Read | 'Every Moment Was Like a Dream': Kartik Aaryan Captures Dream Moment With President Droupadi Murmu and Murlikant Petkar at Rashtrapati Bhavan. "Scoring 752 runs in 7 innings with 5 centuries is no ...Read More >