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.
Aizawl, Jul 2 (PTI) Trucks started plying on a portion of a key national highway in Mizoram on Wednesday, six days after a transport association blocked the dilapidated road to repair it, officials said. Kolasib unit of Mizoram Tipper Association (MTA) has carried out repairing work of NH-6/306 on the Sairang-Kawnpui sector, which was badly damaged during rains between June 26 and June 30, preventing tankers and trucks carrying essential commodities from plying. National Highway-306 is the primary lifeline of Mizoram, connecting Aizawl with Assam's Silchar town. A portion of the highway is also called NH-6. The blockade caused by the repairing work has affected the supply of essential commodities, resulting in a shortage of fuel in the state for the past six days, the officials said. MTA said in a statement that the repairing work was called off on Tuesday evening, paving the way for truckers to ply on the national highway. The association was forced to undertake the task as the government did not repair the road, the association claimed in the statement. Several commercial vehicle operators and individuals extended invaluable services during the repair work, it said. The MTA also said that the Sairang-Kawnpui sector of NH-6 was in such a dilapidated condition that trucks carrying essential items could not ply. Trucks carrying fuel and LPG gas were released in the intervening night of Tuesday and Wednesday, the association said. It also expressed regret for the inconvenience caused during the repair work. The fuel supply is expected to become normal in a few days as trucks have resumed their services, the officials added. PTI CORR BDC
Chennai: Hours before Union home minister Amit Shah was to arrive in Madurai, Thuglak editor and an associate of Shah, S Gurumurthy on Saturday met PMK founder S Ramadoss. The PMK leader, however, ruled out the possibility of meeting Amit Shah during his two-day visit to Tamil Nadu.Gurumurthy met Ramadoss for the second time amid reported tension within PMK regarding alliance strategies and insistence by Anbumani Ramadoss to remain party president. The hour-long meeting took place at the T Nagar residence of A K Vijay Mahesh, son of former Union minister and PMK leader A K Moorthy, sources sai ...Read More >
Kochi: Edison Babu's neighbours in Muvattupuzha knew him as the quiet engineer who had returned home during the pandemic. The 35-year-old former auto industry professional seemed to lead an unremarkable life in this sleepy Kerala suburb, occasionally visiting the local post office with packages: nothing unusual for someone running what appeared to be a small online business. What they didn't know was that their mild-mannered neighbour had built India's most sophisticated darknet drug empire, one that relied heavily on the very government postal service that was meant to serve the community. ...Read More >
New Delhi, Jul 15 (PTI) As Tesla announced its foray into the Indian market on Tuesday, Liberty General Insurance and ACKO said they have become insurance partners for the American electric carmaker in India. Liberty General Insurance said it has developed a suite of finely tuned protection plans that complement Tesla's engineering and performance excellence while anticipating the distinct needs of EV users. Also Read | Ganeshotsav 2025: MSRTC To Run 5,000 Special Buses to Konkan From August 23 to September 7, Transport Minister Pratap Sarnaik Announces; Group Bookings Start July 22. "At Li ...Read More >
New Delhi, Uttar Pradesh bore the brunt of monsoon fury as rain-related incidents claimed 18 lives, with the IMD on Saturday issuing alerts for heavy rain in Uttarakhand, Himachal Pradesh, West Bengal and Kerala. While torrential rain caused a flood-like situation in parts of Rajasthan; heavy rainfall and landslides in some areas of Arunachal Pradesh and Sikkim affected normal life and disrupted traffic movement. In Uttar Pradesh, 18 people died in a period of over 24 hours ending at 8 pm on Ju ...Read More >
Agartala, Jul 18 (PTI) Tripura Chief Minister Manik Saha on Friday said the state government has been constructing a multi-storeyed office building using advanced earthquake resilient technology. Speaking at a seminar on infrastructure development in the North East region organised by the Indian Building Congress, Saha said, "Construction of high-rise buildings in the state is a challenge as we live in the seismic zone." Also Read | Is There Sunday Mega Block on July 20, 2025? Will Mumbai Local Train Services Be Affected on Central, Western and Harbour Lines? All You Need To Know. "But our ...Read More >
Bengaluru, Jul 19 (PTI) Hockey India on Saturday announced a 40-member core probable group for the upcoming senior women's national coaching camp, which will be held at the Sports Authority of India (SAI) Centre here from July 21 to August 29. The camp holds significant importance as the Indian women's hockey team gears up for the women's Asia Cup, set to begin on September 5 in Hangzhou, China. The tournament will serve as a direct qualification pathway for the 2026 FIH Women's World Cup, with only the champion earning a guaranteed spot. All players from the previous camp have been retaine ...Read More >
Thiruvananthapuram/Chennai, Jun 6 (PTI) Malayalam actor Shine Tom Chacko's father died in a road accident near Dharmapuri in Tamil Nadu on Friday morning when the family was travelling to Bengaluru, police said. According to a senior police officer in Dharmapuri, the actor suffered a fracture to his left arm, while his brother and mother, who were also in the vehicle, and the driver of the car suffered minor injuries. The incident occurred early in the morning on the national highway from Salem to Bengaluru when the vehicle Chacko's family was travelling in tried to overtake a lorry in front ...Read More >
Ahmedabad, July 14 (PTI) The Gujarat High Court on Monday directed a man, facing contempt of court for attending a virtual court hearing while relieving himself on a toilet seat, to deposit Rs 1 lakh with the court's registry after observing that he was ready to tender an unconditional apology. The incident occurred on June 20 when Justice Nirzar S Desai was hearing a case. A video of the man soon went viral, prompting the high court to initiate suo motu contempt proceedings. On Monday, the division bench of Justices AS Supehia and RT Vachhani directed the man, identified as Samad Abdul Rehm ...Read More >
Bhubaneswar, Jul 17 (PTI) Normal life came to a standstill in Odisha on Thursday as opposition Congress and seven other political parties enforced a 12-hour bandh over the death of a college student who set herself on fire after being denied justice in an alleged sexual harassment incident. Though over six hours had passed since the strike began, there were no reports of violence or untoward incidents from any part of the state, a senior home department official said, adding that the bandh has mostly affected transport and business sectors. The bandh, however, affected coal and mineral trans ...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 >
Jammu, Jun 29 (PTI) Police set up a number of checkpoints on Sunday to bolster security arrangements in Jammu district and carry out daily anti-sabotage checks ahead of the Amarnath Yatra, which is scheduled to start from July 3. The 38-day annual pilgrimage is scheduled to start on July 3 from the twin routes -- the traditional 48-kilometre Pahalgam route in Anantnag district and the shorter but steeper 14-kilometre Baltal route in Ganderbal district -- leading to the 3,880-metre-high Amarnath cave shrine. The first batch of pilgrims will leave for Kashmir from the Jammu-based Bhagwati Nagar ...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 >
Silchar: Assam Pradesh Congress Committee (APCC) president and Lok Sabha MP Gaurav Gogoi has urged PM Narendra Modi to urgently intervene in the worsening connectivity crisis of the Barak Valley, highlighting the region's continued isolation due to repeated disruptions in rail and road infrastructure.In a letter addressed to the PM on Thursday, Gogoi said the current condition of both railway and highway networks has reached a "critical low", leaving nearly 40 lakh residents of the valley stranded and disconnected from the rest of the country.Citing repeated breakdowns on the Lumding-Badarpur ...Read More >
ITANAGAR, 12 Jul: The Standing Committee of the National Board for Wildlife (NBWL) has approved a proposal to divert 310 hectares of core forest land from the Namdapha Tiger Reserve in Arunachal Pradesh for the construction of the strategic Arunachal Frontier Highway (NH-913), despite concerns about its potential environmental and wildlife impacts. The land, located in Changlang district, is part of a proposed stretch that will connect NH-215 near Kharsang to the Miao-Gandhigram-Vijaynagar road, close to the India-Myanmar border. The Arunachal Pradesh Public Works Department (PWD) had request ...Read More >
SRINAGAR: A defiant Jammu and Kashmir Chief Minister Omar Abdullah on Monday scaled the gates of the Naqshband Sahib graveyard to pay tributes to the 22 people killed by the Dogra army on July 13, 1931. The dramatic scene unfolded a day after Abdullah and several leaders of the National Conference and opposition parties were put under house arrest to prevent them from going to the graveyard to mark Martyrs' Day. National Conference president Farooq Abdullah took an autorickshaw from the Khanyar crossing to the martyrs memorial while Minister for Education Sakina Ittoo surprised everyone by r ...Read More >
It has brought Aizawl onto India's railway map after overcoming unprecedented challenges. ShowQuick Read Summary is AI-generated, newsroom-reviewed * The Bairabi-Sairang railway line in Mizoram is ready for operation after 26 years of planning * The 51.38 km line includes 48 tunnels and over 40 bridges, crossing difficult terrain * Travel time between Guwahati and Aizawl will reduce from 18 to under 12 hours by rail Did our AI summary help? Let us know. A railway, first conceptualised 26 ...Read More >
Patna, July 19 (SocialNews.XYZ) In a major action against corruption, the State Vigilance Unit (SVU) on Saturday arrested Sub-Inspector Putul Kumari, the SHO of the Women's Police Station in Samastipur, for accepting a bribe of Rs 20,000. Her driver was also arrested in the case. The arrest has created a stir within the police department. According to an official, Putul Kumari was caught red-handed while taking the bribe from Rajiv Ranjan, a resident of Chhatauna village under Mufassil police station limits, in connection with an assault case. Rajiv Ranjan had filed a written complaint with ...Read More >
Jammu, Jun 30 (PTI) Ahead of the Amarnath Yatra, the token distribution centre for offline registration of the pilgrims was operationalised here on Monday, even as the authorities successfully conducted a dry run of the arrangements along the Jammu-Srinagar national highway, officials said. The 38-day pilgrimage to the 3,880-metre-high holy cave shrine of Amarnath will commence from the twin tracks -- the traditional 48-km-long Nunwan-Pahalgam route in Anantnag district and the 14-km shorter but steeper Baltal route in Ganderbal district -- on July 3. The first batch of pilgrims will leave f ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in a civil dispute between the parties by filing a first information report and seeking the help of the ...Read More >
New Delhi, Jul 19 (PTI) Uttar Pradesh bore the brunt of monsoon fury as rain-related incidents claimed 18 lives, with the IMD on Saturday issuing alerts for heavy rain in Uttarakhand, Himachal Pradesh, West Bengal and Kerala. While torrential rain caused a flood-like situation in parts of Rajasthan; heavy rainfall and landslides in some areas of Arunachal Pradesh and Sikkim affected normal life and disrupted traffic movement. In Uttar Pradesh, 18 people died in a period of over 24 hours ending at 8 pm on July 18. Of the total, eight died of drowning following excessive rain, while two were a ...Read More >
Muzaffarnagar (UP), Jul 20 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Sunday welcomed kanwariyas returning from Haridwar by showering flowers on them from a helicopter here. Thousands of kanwariyas (devotees of Lord Shiva) are proceeding homeward after performing parikrama (circumambulation) at the Shiv Chowk in Muzaffarnagar. District authorities have implemented stringent security measures along the Kanwar Yatra routes on the Delhi-Dehradun National Highway and the Ganga Canal Road to ensure a safe and smooth kanwar yatra, which concludes on July 23. Earlier in the day, Adityan ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >
New Delhi: On this day in 2024, India defeated South Africa by 7 runs and lifted the T20 World Cup title at the Kensington Oval in Barbados. India posted a 177-run target for the Proteas in 20 overs after opting to bat first. Virat Kohli smashed 76 runs off 59 balls with the help of six boundaries and two maximums. Axar Patel also batted brilliantly and scored 47 runs off 31 balls, hitting four maximums and one boundary in his sensational knock. Chasing the target of 177 runs, Bumrah provided India their first breakthrough when he removed Reeza Hendricks in the second over of the run-chase, ...Read More >
Shimla, July 2 (PTI) A day after he was booked for allegedly assaulting two NHAI officials, Panchayati Raj Minister Anirudh Singh on Wednesday denied the allegations and said that "the FIR does not mean that I am guilty." Singh also claimed widespread irregularities in road construction works by the National Highway Authority of India (NHAI) and called its officials the "most corrupt in the country". The alleged incident occurred on Monday when the minister was inspecting a building collapse site in Shimla and called NHAI officers there. The owner of the building had claimed negligence by NHA ...Read More >
Ramban/Jammu, Jul 5 (PTI) At least 36 Amarnath pilgrims, hailing from different states, suffered minor injuries when five buses slammed into each other in Jammu and Kashmir's Ramban district on Saturday, officials said. The buses were part of a convoy headed for the Pahalgam base camp of the pilgrimage in south Kashmir from Jammu's Bhagwati Nagar. All the injured persons rejoined the yatra after receiving treatment at the Ramban district hospital. The accident took place near Chanderkote, along the Jammu-Srinagar national highway, at around 8 am due to the failure of the brakes of one of the ...Read More >
Shimla, Jul 5 (PTI) The Himachal Pradesh forest department on Saturday filed a police complaint against the National Highway Authority of India (NHAI), blaming it for the massive landslide on Kaithlighat-Dhalli road stretch in the suburbs of Shimla city on June 30. This is the fourth complaint filed against the road authority in Shimla in the last one week. Also Read | Manipur: Kuki-Zo MLAs Will Not Participate in Formation of New State Government, Say Tribal Bodies. A five-storey building had collapsed in the landslide on Monday. Nearly 8,550 square metres of protected land was damaged and ...Read More >
Jammu: For railway engineer Tarun Kumar, Friday's inauguration of the Udhampur-Baramulla-Srinagar Rail Link (USBRL) -- Kashmir's historic rail connection to rest of India -- was an emotional culmination of a decade spent overcoming fear and personal sacrifice, including the loss of a colleague to terrorism. Kumar, an engineer with Indian Railway Construction International Limited (IRCON), shared the journey of his association with the project at the Banihal railway station, located 100 km from Srinagar along the national highway. "As a manager in IRCON, I was initially posted in Srinagar and ...Read More >
Shimla, Jun 29 (PTI) The meteorological centre in Shimla issued a "red" alert on Sunday for very heavy downpour in 10 districts of Himachal Pradesh, while services on the Shimla-Kalka rail line were suspended for hours till the debris and trees fallen on the tracks following overnight rains were removed. A landslide near Koti on the Shimla-Kalka national highway (NH-5), connecting Shimla and Chandigarh, damaged some stretches of the road, resulting in a two-to-three-km-long traffic jam for hours. Solan Superintendent of Police Gaurav Singh said two-way traffic has been restored near Chakki M ...Read More >
Mumbai : Tesla's long awaited India debut finally took place with chief minister Devendra Fadnavis inaugurating its showroom in Mumbai on Tuesday. The Elon Musk-led car maker unveiled its Model Y compact all-electric SUV at its 'Experience Centre' in Bandra-Kurla Complex with the CM describing it as the "right city and the right state" for the launch."Mumbai stands for innovation and sustainability. In 2015, when I went to the US, I had my first ride in a Tesla, and then I thought we need such a vehicle for mobility in India. But it took 10 years for it to come to India. But we are very happy ...Read More >