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.
Bhopal (Madhya Pradesh) [India], July 2 (ANI): Heavy rainfall in Madhya Pradesh caused severe waterlogging in many parts of Bhopal on Wednesday. The visuals showed vehicles moving on waterlogged roads. Also Read | What Are New Rules for Ola, Uber, Rapido on Peak-Hour Pricing, Ride Cancellations? Know Key Points of Centre's New Motor Vehicle Aggregator Guidelines 2025. The India Meteorological Department (IMD) forecasted 'partly cloudy sky with a possibility of rain, thunderstorm or duststorm' in the city. Earlier on Tuesday, the IMD issued a warning for heavy rainfall in parts of Madhya Pradesh, Uttar Pradesh, and Rajasthan. Also Read | RailOne App Launched by Indian Railways: From Live Train Tracking to Booking IRCTC Tickets, Know Key Features of All-in-One Train Travel App. According to a press release by IMD, active monsoon conditions are likely to continue over many parts of northwest, central, and eastern India during the next 6-7 days with extremely heavy rains (>= 20 cm) at isolated places over Madhya Pradesh, western Uttar Pradesh and eastern Rajasthan today. Heavy to very heavy rainfall with extremely heavy falls has been recorded at isolated places over Himachal Pradesh, East Uttar Pradesh and West Madhya Pradesh. Heavy to very heavy rainfall has been recorded at isolated places over Odisha, East Madhya Pradesh, Vidarbha, Chhattisgarh, East Rajasthan, Madhya Maharashtra; heavy rainfall at isolated places over West Uttar Pradesh, Haryana, Gujarat state, Jharkhand, Telangana, Konkan and Assam, the press release said. According to the press release, thunderstorm accompanied with squally/gusty winds with speed 60-90 kmph at isolated places over Himachal Pradesh, Coastal Andhra Pradesh & Yanam; with speed 40-60 kmph at isolated places over Madhya Maharashtra, Punjab, West Madhya Pradesh, Andaman & Nicobar Islands, Marathwada, Jharkhand, Konkan, Bihar, East Uttar Pradesh, Tamil Nadu, Rayalaseema, Telangana, Interior Karnataka. Meanwhile, on June 26, heavy rainfall in Bhopal caused severe waterlogging at Alpana Tiraha and near Bhopal railway station platform number 6, leaving commuters in trouble. The passengers and pedestrians faced difficulties reaching the railway station, and as a result, they were forced to take auto rickshaws and e-rickshaws. An e-rickshaw driver, Anas Khan, said, "We are charging Rs 10 to cross the submerged street to the railway station. It rained heavily here, due to which waterlogging occurred near the railway station, and the passengers are facing problems. They are happily paying us Rs 10 per passenger to cross the street, and we are charging them to drop them at the railway station platform number 6." On the other hand, a passenger in the auto-rickshaw, Mahesh Kukreja, said that there is a lot of chaos at the railway station. The area is filled with water, and despite that, there is no means of drainage. They are forced to go by auto rickshaw, for which the auto-drivers are charging Rs 10 to cross the street. (ANI)
Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...Read More >
Tamil Nadu Weather Update: Tamil Nadu, Puducherry and Karaikal are expected to experience heavy to very heavy rainfall starting Thursday, the India Meteorological Department (IMD) has said in its latest bulletin. According to the IMD bulletin on Dec. 12, Tamil Nadu, Puducherry and Karaikal are very likely to witness isolated heavy to very heavy rainfall on Dec. 12, 13, 16 and 17 due to the northeast monsoon spell that is entering its next phase. "Thunderstorm with intermittent spells of heavy rain is likely to occur in some areas," the Chennai Met Office said in a bulletin at 11:30 am on Thur ...Read More >
Bhubaneswar: A low-pressure area has developed over the Northwest Bay of Bengal off the Odisha coast, according to the India Meteorological Department (IMD). The system, which formed at 8:30 am today, is likely to move slowly northwards and intensify into a more marked low-pressure system over the next 48 hours. According to the latest weather update, the associated cyclonic circulation extends up to 7.6 km above mean sea level, tilting southwards with height. This weather system may bring light to moderate rainfall with isolated heavy rainfall to the coastal areas of West Bengal and Odisha. ...Read More >
Guwahati: Chief minister Himanta Biswa Sarma announced a massive healthcare infrastructure overhaul for Assam, while inaugurating the Neotia Bhagirathi Woman and Childcare Centre (NBWCC) in Guwahati here on Thursday.During the event, the Assam CM revealed plans to invest Rs 4000 crore in expanding the Gauhati Medical College & Hospital (GMCH) into a 5000-bed facility.He also praised the newly-inaugurated NBWC centre saying that he was happy that the group had invested in Assam " I am sure that the people of Assam, along with other northeastern states, will immensely benefit from this venture o ...Read More >
New Delhi: The Enforcement Directorate (ED) on Friday carried out searches at 15 places in Mumbai and Kochi in connection with the Mithi River desilting scam that caused a wrongful loss of more than Rs 65 crore to the Brihanmumbai Municipal Corporation (BMC), official sources said. The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities. According to the sources, the searches are being carried out under the provisions of the Prevention of Money Laundering Act (PMLA) at locat ...Read More >
The financial repercussions of Parliament disruptions are considerable, impacting both public resources and the productivity of the nation's legislative process. However, both the Lok Sabha and Rajya Sabha have cumulatively functioned for merely 2 hours, with daily disruptions and sloganeering resulting in adjournments. The Rajya Sabha faced disruptions today (December 2) as Vice Chairman Jagdeep Dhankhar expressed discontent over sloganeering by Opposition MPs. The protests, which centered around demands for discussions on key issues, forced the Vice Chairman to adjourn the session until 12 ...Read More >
Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a ₹10 lakh insurance policy, ₹1 lakh for daughters' marriages, a biannual ₹2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.Ahead of crucial Delhi assembly polls, Arvind Kejriwal promised several measures for auto dri ...Read More >
Mumbai: The death toll in Monday's BEST bus crash rose to seven and the number of injured to 42 even as the driver, Sanjay More, booked for culpable homicide not amounting to murder, claimed he had noticed a spark and mistakenly accelerated the bus instead of applying brakes. Seeking More's custody, police said they want to investigate if he intentionally used the vehicle as a weapon. The bus on Route 332 had accelerated on a congested 200m stretch near Kurla station hitting vehicles and pedestr ...Read More >
Thiruvananthapuram, May 27: Monsoon rains accompanied by gusty winds continue to lash Kerala, causing widespread damage across the state. Several incidents of trees being uprooted, house wall collapses, and electrical short circuits have been reported from different parts of the state. Since the onset of the monsoon last week on May 24, three casualties have been reported, prompting the state government to open a dozen relief camps in affected districts of the state. The most major disruption on Tuesday has been the delay in train services across Kerala after fallen trees blocked railway trac ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advanced Systems Ltd (TASL) for manufacturing key sections of the Rafale fighter jet, including the lateral ...Read More >
Mumbai: The Reserve Bank of India (RBI), in its latest Monetary Policy Committee (MPC) meeting for FY2025-26, announced a 0.50 per cent cut in the repo rate, bringing it down to 5.5 per cent. Alongside this, key changes in CRR, inflation forecasts, and policy stance were also introduced to boost economic growth. Repo Rate Cut RBI reduced the repo rate by 0.50 per cent, bringing it down from 6.00 per cent to 5.50 per cent. This means loans may become cheaper for borrowers. CRR Cut for Liquidity RBI also reduced CRR (Cash Reserve Ratio) by 1 per cent, from 4 per cent to 3 per cent, to add mo ...Read More >
Punjab News: Union Railway Minister Ashwini Vaishnaw announced on Monday that the Indian Railways has allocated ₹5421 crore to enhance railway infrastructure in Punjab. Union Railway Minister Ashwini Vaishnaw announced on Monday that the Indian Railways has allocated ₹5421 crore to enhance railway infrastructure in Punjab. The announcement, made via video conferencing, highlighted that this year's funding is 24 times higher compared to the period between 2009-2014. The minister revealed that 30 Amrit Stations are being developed in Punjab at a cost of ₹1122 crore, while 34 Amrit Stations are ...Read More >
The National Disaster Response Force (NDRF) has deployed 18 teams across Maharashtra for rapid rescue and relief operations, as the India Meteorological Department (IMD) has predicted above-normal monsoon rainfall this year, with urban areas like Mumbai already showing signs of strain, Mid-day reported. Between May 25 and 26, NDRF teams responded to emergencies in Pune, Solapur, and Satara. While local agencies managed to rescue nine people in Baramati and Indapur, NDRF teams were redirected to Phaltan in Satara and Kurubavi in Solapur. In Solapur, a team carried out a midnight rescue operati ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...Read More >
Delhi is facing worsening pollution and erratic weather patterns, with the air quality regularly reaching dangerous levels. This is partly due to climate change, with temperature rises and unpredictable rainfall patterns caused by global warming. The industrial revolution has played a significant role, contributing to the rise in global temperatures. The effects are already being felt, with 2024 witnessing record-breaking heat in India. Despite this, there is little action from society or leadership, with courts repeatedly stepping in to address issues like pollution and farm fires. The need f ...Read More >
Heavy rains across Tamil Nadu have led to school closures in several districts, including Chennai, on Thursday. The India Meteorological Department (IMD) has issued a yellow alert, predicting moderate rains and light thunderstorms in parts of the state. Rainfall figures show significant precipitation in multiple areas. Meanwhile, Northern India braces for a cold wave beginning December 9, with the IMD forecasting plunging temperatures in Rajasthan, Punjab, Haryana, and Uttar Pradesh.Schools acros ...Read More >
The Amrit Bharat Station Scheme is a long-term project by the Indian Railways aimed at transforming more than 1,300 railway stations across the country. Prime Minister Narendra Modi is inaugurating 103 redeveloped Amrit stations across India on Thursday via video conferencing from Bikaner. The redeveloped stations are spread across 86 districts in 18 States and Union Territories and have been built at a cumulative cost of over Rs 1,100 crore, according to a release by the ministry of railways. ...Read More >
After an exceptionally early onset this year -- the earliest in 16 years -- the southwest monsoon has temporarily paused its journey across India, weather officials said. The India Meteorological Department (IMD) confirmed that while the monsoon arrived over Kerala on May 24 and made swift progress through the southern peninsula, northeast India, and parts of the west, its advance has stalled. According to IMD officials, the rainfall will remain subdued across most parts of the country for the next few days. However, reports suggest that the monsoon is expected to gather strength between June ...Read More >
Mumbai, Jun 5 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Thursday inaugurated the final 76-km-long stretch of the Samruddhi Mahamarg, making the entire 701-km Mumbai-Nagpur corridor fully functional and bringing down the travel time between the two cities to 8 hours from around 18 hours. Fadnavis described the Mumbai-Nagpur Samruddhi Mahamarg as an "engineering marvel" and said this "economic corridor" would play a vital role in the state's development. Fadnavis said by connecting the expressway with the proposed Vadhvan port, they are planning to develop it as an "economic corrid ...Read More >
Fancy goats to sheep and more: A look at Kolkata's preparations ahead of Eid-al-Adha A day ahead of Eid-al-Adha, the Muslim festival that celebrates faith, gratitude and giving, Kolkata's goat markets were decked up as preparations for the festival, better known as Bakri Eid, got underway. On Zakaria Street, near the Nakhoda Masjid, was Lablaba Khan, a brown goat with white and black markings. Lablaba Khan's owner quoted a price of Rs 25 lakhs Not just goats, even sheep were being sold near Zakaria Street, with the price being quoted at Rs 45,000 per sheep This goat had a red ribbon tied i ...Read More >
Uber has launched India's first Shikara ride on Srinagar's Dal Lake, offering a unique and scenic experience. This new service allows passengers to enjoy the tranquil beauty of the lake while riding in a traditional Shikara boat. Booking is easy through the Uber app, with rides available daily from 10 AM to 6 PM. This initiative aims to boost tourism in the region while providing locals with a new way to experience the lake. With Uber's entry into the Shikara market, visitors can now enjoy a blend of modern convenience and traditional charm on Dal Lake. ...Read More >
Heavy rains lashed Thoothukudi and surrounding areas in Tamil Nadu on Sunday, causing severe waterlogging in several localities. The IMD predicts the formation of a low-pressure area in the Bay of Bengal, which is expected to intensify and move towards the Tamil Nadu coast, bringing further rainfall across the state in the coming days.Several parts of Thoothukudi and adjoining areas witnessed severe waterlogging on Sunday as heavy rains continued to lash parts of Tamil Nadu. Visuals showed water ...Read More >
New Delhi: The southwest monsoon is expected to reach Kerala within the next four to five days, marking an early onset well ahead of the usual June 1 date, the India Meteorological Department (IMD) said on Tuesday. The IMD had earlier predicted that the monsoon would make landfall in Kerala by May 27. If the current forecast holds, this would be the earliest onset over the Indian mainland since 2009, when the monsoon arrived on May 23. "Conditions are likely to become favourable for monsoon onset over Kerala during the next four to five days," the IMD said in its afternoon update. Typically, ...Read More >
Visakhapatnam: The southwest monsoon set in over Andhra Pradesh (Rayalaseema region) on Monday, arriving nine days ahead of schedule, bringing rain to parts of the Rayalaseema and coastal Andhra Pradesh. For the second year in a row in the past one decade, the monsoon entered AP region earlier as the usual date of onset is on June 4. Last year, the monsoon arrived in AP on June 2. Director of IMD, Andhra Pradesh Stella S said southwest monsoon has further advanced into some more parts of central Arabian Sea, some more parts of Maharashtra including Mumbai, Karnataka including Bengaluru, remai ...Read More >
Alipurduar (West Bengal) [India], May 29 (ANI): Prime Minister Narendra Modi on Thursday laid foundation stone of City Gas Distribution project in Alipurduar and Cooch Behar districts in West Bengal on Thursday. The project, worth over Rs 1010 crore, aims to provide Piped Natural Gas (PNG) to more than 2.5 Lakh households, over 100 commercial establishments, and industries, and Compressed Natural Gas (CNG) to vehicular traffic by establishing around 19 CNG stations in line with the Minimum Work Program (MWP) targets stipulated by the Government. Also Read | Kerala Lottery Result Today 3 PM L ...Read More >
Bhopal, June 5 (SocialNews.XYZ) Madhya Pradesh Chief Minister Dr Mohan Yadav, while expressing profound grief over the death of seven persons in Rewa, has announced a financial support of Rs 2 lakh each to the family of the deceased. He has also announced financial support of Rs 50,000 to each of the injured persons in the accident. He announced the support through his X handle, "Tragedy struck near Sohagi village in Rewa district when a truck carrying cement pillars overturned onto an auto carrying devotees from Nai Garhi, Mauganj district. The group had been returning from Prayagraj after ...Read More >
Ranchi, Feb 5 (PTI) The Hemant Soren government on Wednesday said the state has received investment proposals to the tune of Rs 26,000 crore, having the potential of generating 15,000 jobs, during 'Advantage Jharkhand' programme held as part of Bengal Global Business Summit (BGBS) in Kolkata. Soren, along with his wife and MLA Kalpana, attended the eighth edition of the Bengal Global Business Summit (BGBS) at the invitation of West Bengal Chief Minister Mamata Banerjee. "Investors have come up with investment proposals to the tune of Rs 26,000 crore in Jharkhand during 'Advantage Jharkhand' ...Read More >
Minimum night-time temperatures in the region have risen to between 20°C and 22°C, marking a significant change from the cooler weather previously experienced. (READ MORE BELOW) Hyderabad is experiencing a unique weather spell this winter, as the city and its surrounding districts find themselves in the midst of an extended monsoon season. Despite the seasonal shift to winter, the city has been facing conditions more typical of the monsoon months. With temperatures hovering well above the usual winter lows, residents of Hyderabad and neighboring areas can expect a week of continued rain, clou ...Read More >
West Bengal [India], February 5 (ANI): At the 8th edition of the Bengal Global Business Summit 2025, Bhutanese Minister Younten Phuntsho emphasised the importance of the summit as a platform for strengthening the collaboration between India and Bhutan. Addressing the audience, he said, "For Bhutan, this summit is an opportunity to further deepen our (India-Bhutan) collaboration and identify strategic areas where our shared aspirations align. There are several key areas where we can forge even stronger partnership - first is tourism, we invite investors to explore opportunities in wellness tou ...Read More >
(CNN) -- India's financial capital and one of its largest cities has experienced its wettest May in more than a century, with the unusually early arrival of the monsoon season causing a ferocious weekend downpour that turned roads into rivers and flooded a newly inaugurated underground train station. Mumbai, a city of more than 12 million, has recorded more than 400 millimeters of rainfall this month so far, according to data from the Indian Meteorological Department (IMD), with much of the downpour arriving late last weekend. The deluge caused chaos and delays across transport networks, inc ...Read More >