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.
CHANDIGARH: A day after a case was registered against Himachal Pradesh Panchayati Raj Minister Anirudh Singh for allegedly assaulting and threatening two officials of the National Highways Authority of India (NHAI), the minister has denied the allegations and demanded a high-level inquiry into alleged irregularities in road construction in the state. Singh, addressing the media on Tuesday, claimed that the First Information Report (FIR) against him was a deliberate attempt to divert attention from the Bhattakuffar building collapse in Shimla, which he alleged occurred due to the NHAI's negligence and excessive hill-cutting during ongoing construction. He strongly denied all allegations, stating, "A case does not make one guilty." The minister alleged widespread malpractice and corruption among NHAI officials, accusing them of colluding with private contractors and using substandard materials. He claimed that over 700 complaints have been submitted to Sub-Divisional Magistrates (SDMs) and Deputy Commissioners in Shimla alone, but no concrete action has been taken.
Shariq MajeedLudhiana: The Congress, on Thursday, claimed that a large section of Ludhiana's legal fraternity had come out in support of party's bypoll candidate, Bharat Bhushan Ashu during a special meeting held on Wednesday. Reiterating their support for Ashu, senior advocate Rajiv Kaushal described him as a "symbol of courage in the face of political vendetta." "Ashu's unwavering commitment to public service and his clean record have earned him the respect of the legal fraternity," he said. Ac ...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 >
Berhampur (Odisha), Jun 6 (PTI) Environmental activist Medha Patkar on Saturday appealed to the people of Odisha for protection of Rushikulya river. The government planned to construct a dam in the river Pipalapnaka under Sorada block in the district. While participating in the Save Rushikulya river movement in Ganjam district, she said, "Rivers may be small or big, but they are our mother. We have to protect the rivers from attacks." She attended a meeting were organised by the Rushikulya Banchao Kriyaanusthan Committee (RBKC) and the Centre for Climate Justice, spearheading the agitation a ...Read More >
NEW DELHI: As the Union government is set to move an impeachment motion against Justice Yashwant Varma in the upcoming Monsoon session over 'burnt cash' controversy, the Opposition parties said they are yet to take call on signing the motion. A three-member committee set up by former Chief Justice of India Sanjiv Khanna to probe allegations against Justice Varma has found "sufficient substance" in the corruption charges against him. Congress sources said the party will hold a meeting next week and reach a decision. At a recent parliamentary panel meeting, several MPs asked why no FIR has be ...Read More >
SRINAGAR, Jun 27: The Jammu and Kashmir Anti-Corruption Bureau (ACB) on Friday filed a chargesheet before the Court of Additional Judge Anti-Corruption, Kashmir, against two persons in a bribery case involving a ₹9,000 demand for land record processing. "Jammu and Kashmir Anti Corruption Bureau has filed a charge- sheet under Section 173 Cr.P.C. before the Hon'ble Court of Addl. Judge Anti-Corruption, Kashmir in Case FIR No. 15/2022, against the following accused persons: Jamil Hussain Khan, then Patwari Halqa Baghat-e-shoor, Owanta Bhawan, Soura, Tehsil Eidgah - Charged under Section 7 of th ...Read More >
New Delhi, Jun 29 (PTI) AAP supremo Arvind Kejriwal on Sunday warned that the Rekha Gupta-led BJP government in Delhi would not last even three years if slum demolitions continue, as he called for a mass movement against the drive from Jantar Mantar. The AAP organised a massive protest at the site under the banner of the 'Ghar-Rozgaar Bachao' movement. 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. Senior party leader Gopal Rai challenged that if demolitions c ...Read More >
Shimla (Himachal Pradesh) [India], July 2 (ANI): A day after a First Information Report (FIR) was filed against Himachal Pradesh's Panchayati Raj and Rural Development Minister Anirudh Singh for allegedly assaulting an NHAI official, the minister on Tuesday categorically denied the charges, saying he would fully cooperate with the investigation and face the law. He also accused the National Highways Authority of India (NHAI) of carrying out "unscientific and dangerous" construction work across the state, leading to massive damage to lives and property. Also Read | Uttar Pradesh Horror: Teen ...Read More >
Shimla, Jul 2 (PTI) The controversy over a five-storey building collapsing in Bhatta Kuffar area in Shimla saw two officials of National Highway Authority of India (NHAI) being booked on Wednesday on complaints by residents for allegedly endangering life and intentional hurt. This came a day after a case was filed against Himachal Pradesh Panchayati Raj Minister Anirudh Singh on charges of wrongful restraint and voluntarily causing hurt after he allegedly assaulted the two NHAI officials while inspecting the building collapse site. The FIR against the minister was lodged on the complaint fil ...Read More >
New Delhi, Jun 6 (PTI) Former Delhi minister Satyendar Jain was questioned by the Anti-Corruption Branch (ACB) for over five hours on Friday in connection with a graft case related to the construction of classrooms in city government schools under the previous AAP dispensation. Sources said Jain was evasive in his replies and might be called for questioning again. Jain, who was the Public Works Department (PWD) minister in the AAP government, termed the case "politically motivated". According to the sources, Jain was given a written questionnaire with 29 questions. "He tried to put the bla ...Read More >
CPI(M) leader Tikender Singh Panwar has urged police action against NHAI officials over recurring landslides and traffic disruptions on the Shimla-Chandigarh road. Panwar highlights criminal neglect in highway construction, impacting local farmers and commuters, with no proper response to his previous complaint in July 2023. Shooting stones and debris continue to plague the Shimla-Chandigarh road in Himachal Pradesh, leading to massive traffic jams and public distress. CPI(M) leader Tikender Sin ...Read More >
Srinagar, July 01: The Anti-Corruption Bureau (ACB) Srinagar has registered a formal case against sitting District Development Council (DDC) Member and his associate Ghulam Mohammad Khathana for allegedly demanding a bribe of ₹5 lakh in exchange for arranging official NOCs for a local school. In a statement, ACB, Srinagar has registered a case FIR No. 12/2025 under Section 7 of the Prevention of Corruption Act, 1988 (as amended 2018), section 61(2) BNS against a sitting District Development Council (DDC) Member Mohammad Shaban Chopan, S/o Ghulam Qadir Chopan, R/o Dara Harwan, and his Tout Ghu ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
Shimla, July 3 (SocialNews.XYZ) Slamming Himachal minister Anirudh Singh, who was booked for wrongful restraint and assaulting NHAI officers, the state BJP unit on Thursday took offence at the accused's assertions against Union Minister Nitin Gadkari, who reacted strongly over the incident. "Nitin Gadkari knows Himachal Pradesh completely and he's the same Union Minister who visited Himachal Pradesh post-disaster (in 2024) and gave road construction works of Rs 1 lakh crore, laid a network of roads in the state and also took forward the Pradhan Mantri Gram Sadak Yojana," BJP state media in-ch ...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 >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
Mumbai: The Enforcement Directorate (ED) has summoned Bollywood actor Dino Morea and asked him to appear next week. He has been summoned in connection with the Rs 65 crore Mithi river desilting case, ED officials said. On Friday, the Enforcement Directorate (ED) conducted raids at fifteen locations in the Mithi river desilting case, including at actor Dino Morea's home in Mumbai. The raid comes days after the actor appeared before the Mumbai Police for questioning in a corruption case. His brot ...Read More >
New Delhi, Jun 8 (PTI) A Kerala businessman, who recently levelled corruption charges against an ED officer posted in the state, has recorded his statement with the central agency where he is understood to have denied knowing or having any evidence against the said investigator, official sources said Sunday. The businessman, Aneesh Babu, deposed before the Enforcement Directorate in Delhi on June 6 and his statement was recorded under audio-visual camera by the agency as per the provisions of section 50 of the Prevention of Money Laundering Act (PMLA). Such a statement made under the anti-mo ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Shimla: Heavy rains lashed Himachal Pradesh on Sunday, triggering landslides and flash floods and blocking more than 100 roads, even as the weather department issued a red alert.A landslide at Chakki Mod near Parwanoo blocked the Chandigarh-Shimla highway for hours, resulting in a massive traffic jam Sunday morning. The local administration had to divert traffic through the Jangeshu link road until the landslide debris was cleared at Chakki Mod.The traffic was first restored one-way and later two-way, but the traffic jam continued on both sides of the highway throughout the day due to slow veh ...Read More >
Hisar, Jun 5 (PTI) Haryana Chief Minister Nayab Singh Saini Thursday announced the establishment of natural and organic mandis in Gurugram and Hisar to promote natural farming on a large scale in the state. The Gurugram mandi will cater to produce such as wheat, paddy and pulses, while the Hisar mandi will focus on fruits and vegetables grown through natural and organic methods. Also Read | Delhi: High-Level US Team Arrives for Talks on Bilateral Trade Pact With India. In addition, a committee will be formed under the Haryana Kisan Kalyan Pradhikaran to determine fair pricing for produce gr ...Read More >
New Delhi, Jun 8 (PTI) Aam Aadmi Party's Rajya Sabha MP Sanjay Singh and Delhi unit chief Saurabh Bharadwaj on Sunday visited the demolition site of the Madrasi Camp slum cluster, where they met with displaced residents, and intensified their attack on the BJP over the recent eviction drive. They alleged that Prime Minister Modi's promise to slum dwellers of 'jahan jhuggi wahan makan' - house at the site of their hutment - has "proved to be hollow like many others". There was no immediate response available from the BJP or the Delhi government over the accusations. The Madrasi Camp -- a jhu ...Read More >
The Anti-Corruption Branch (ACB) of the Delhi Police has registered an FIR against former health ministers Saurabh Bharadwaj and Satyendar Jain of the Aam Aadmi Party, citing serious allegations of large-scale corruption in health projects undertaken by the Delhi government. This development follows approval from the Ministry of Home Affairs, which came on a detailed complaint which was lodged on August 22, 2024, by former Delhi Assembly Leader of Opposition Vijender Gupta. The complaint highlighted significant irregularities and suspected corruption in multiple health infrastructure projects ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
Imphal, June 29 (UNI) A series of successful operations carried out by Manipur Police and security forces during the last 24 hours led to the arrest of several individuals involved in vehicle theft, insurgent activity, and the recovery of a significant cache of arms and ammunition. Police arrested a vehicle lifter identified as Syed Riyaj from his residence at Lilong Chaobok in Thoubal District. The arrest was made under Lilong Police Station. Authorities seized a blue two wheeler without registration number, along with a key and an Aadhaar card believed to be linked to the suspect. In a s ...Read More >
CHENNAI: Nearly Rs 1,000 crore earmarked for material components under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme for Tamil Nadu is yet to be released, significantly hampering the scheme's implementation. The Union government has released the outstanding wage dues along with an additional Rs 919 crore towards the wage component for the fiscal year 2025-2026, but not the funds for material components - raw materials like sand, stones, and cement, and also wages for skilled and semi-skilled workers. Timely realisation of both wage and material components is cru ...Read More >
Shimla (Himachal Pradesh) [India], July 1(ANI): Former Chief Minister and Leader of Opposition in Himachal Pradesh, Jai Ram Thakur, on Tuesday expressed grave concern over the extensive damage caused by rains in the state over the last two days, especially in the Mandi and Kullu districts, and lashed out at the Congress government "for failing to restore" communication and road access in affected areas. The BJP leader also launched a scathing attack on Rural Development and Panchayati Raj Minister Anirudh Singh, who has been accused of assaulting a National Highways Authority of India (NHAI) ...Read More >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
NEW DELHI/SHIMLA: Shimla police registered an FIR against rural development and Himachal Pradesh minister Anirudh Singh Rana late Monday night for allegedly assaulting two NHAI engineers officials who were visiting the site of a collapsed five-storey building.The FIR was registered on the basis of NHAI manager Achal Jindal's complaint at Dhali police station under five sections of BNS dealing with assaulting a public servant, voluntarily causing hurt, intentional insult with intent to provoke breach of peace, wrongful restraint and common intention. Jindal in his complaint, which TOI reported ...Read More >
New Delhi, Jul 3 (PTI) Former Delhi minister and AAP leader Satyendar Jain appeared before the Enforcement Directorate (ED) on Thursday for questioning in a money laundering case linked to alleged corruption in the augmentation of some Delhi Jal Board sewage treatment plants, official sources said. Jain, 60, reached the federal probe agency's office here around 11:15 am and his statement was recorded under the Prevention of Money Laundering Act (PMLA), they said. The Aam Aadmi Party (AAP) politician has held portfolios like Health, Industries, Power, Public Works Department, Home and Urban D ...Read More >
Mumbai (Maharashtra) [India], December 11 (ANI): The case of Bengaluru Techie Atul Subhash who died by suicide citing alleged harassment by his estranged wife has opened up a debate on misuse of ant--dowry lawy. Mumbai-based lawyer Abha Singh described the case as a 'gross misuse of law,' stating that false charges and harassment led to the death of the victim, suffering from harassment from his wife and in-laws. Lawyer Abha Singh also emphasized that the misuse of dowry laws could ultimately deny justice to those who genuinely need protection. Also Read | Atul Subhash Suicide Case: 4 People ...Read More >