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.
Gadwal: In a decisive action against illegal sand transportation, Gattu police seized a sand-loaded tipper truck on Tuesday and registered a case against those involved. According to Gattu Sub-Inspector (SI) K.T. Mallesh, the operation was carried out based on credible information about unauthorized sand storage and sales. The prime accused, identified as Anjaneyulu from Ellandoddi village, had allegedly been transporting sand from the neighboring state of Karnataka without obtaining any official permits. Once brought into Telangana, the sand was being dumped and illegally stockpiled on the outskirts of Ellandoddi. It is reported that Anjaneyulu was selling this sand at inflated prices, violating state regulations and contributing to environmental exploitation. During Tuesday's raid, the police not only confiscated the tipper truck but also seized the illegally stored sand. The operation was conducted under the supervision of the Revenue Inspector (RI), and a formal panchanama (documentation of the seizure) was completed. The seized material was later handed over to the local Tehsildar's office for further action. In connection with the case, police registered charges against three individuals: Anjaneyulu - the alleged mastermind behind the illegal sand operation, Muddu Ranganayak - owner of the seized tipper truck, Nandappa Jayaram - driver of the vehicle involved in the illegal transport. SI K.T. Mallesh affirmed that strict action will be taken against those violating the law and warned that similar operations will continue to curb illegal sand mining and transportation in the district. The incident underscores the need for stringent monitoring of sand transportation, especially along inter-state borders like Telangana-Karnataka. Authorities are urging citizens to report any such unauthorized activities to local officials, ensuring that natural resources are protected and that legal procedures are followed.
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 >
Hyderabad: BRS senior leader T Harish Rao on Thursday urged Chairman of the Securities and Exchange Board of India (SEBI) to order an urgent investigation into serious irregularities and potential violations of SEBI regulations by the Telangana State Industrial Infrastructure Corporation (TGIIC) and the Government of Telangana. The BRS leader wrote a detailed letter to the SEBI Chairman. In the letter, Harish Rao raised strong objections over the mortgaging of 400 acres of land in the Kancha-Gachibowli region, land which has been flagged by a Supreme Court-appointed Empowered Committee as 'fo ...Read More >
New Delhi, Aug 28 (PTI) India's gains from importing discounted Russian oil are estimated to be just USD 2.5 billion per annum, significantly lower than the previously speculated range of USD 10-25 billion, a research report said on Thursday. Stopping Russian oil imports would force India, the world's third-largest oil importer and consumer, to rely on limited alternatives, potentially driving global crude prices up to USD 100 per barrel amid rising demand and tight supply. "Benefit from Russian oil imports is way less than exaggerated media numbers," brokerage CLSA said in a report. While ...Read More >
New Delhi, Sep 24 (PTI) The red brick industry has urged the government to reduce GST rates to 5 per cent and remove the sector from the Special Composition Scheme. Currently, red bricks under the Special Composition Scheme attract 6 per cent GST and 12 per cent with ITC. The threshold for GST levy is Rs 20 lakh turnover. The new two-slab GST (Goods and Services Tax) structure of 5 per cent and 18 per cent has replaced the earlier four-rate duty regime following the GST Council's sweeping reform aimed at boosting consumption across the country. The new rates came into effect on September 22. ...Read More >
BHUBANESWAR: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday. "The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dut ...Read More >
New Delhi, Sep 24 (PTI) The red brick industry has urged the government to reduce GST rates to 5 per cent and remove the sector from the Special Composition Scheme. Currently, red bricks under the Special Composition Scheme attract 6 per cent GST and 12 per cent with ITC. The threshold for GST levy is Rs 20 lakh turnover. The new two-slab GST (Goods and Services Tax) structure of 5 per cent and 18 per cent has replaced the earlier four-rate duty regime following the GST Council's sweeping reform aimed at boosting consumption across the country. The new rates came into effect on September 22. ...Read More >
CHENNAI: Backed by political influence and financial muscle, the gangs illegally mining sand and minerals were functioning like a mafia, observed the Madras High Court. While hearing cases related to illegal sand and mineral mining, a division bench comprising Justices SM Subramaniam and C Kumarappan said preventing sand and mineral theft was the responsibility of the district Collectors concerned and directed that Collectors should take action against Revenue Department officials who fail to report such offences. The judges also directed that police protection should be provided to social a ...Read More >
Gondia (Maharashtra), Apr 3 (PTI) Villagers staged a road blockade and demanded action against vehicles carrying illegally excavated sand after a woman was run over by a truck and lost her life in Gondia district, police said. Rameshwari Dhanlal Nagpure (40), resident of Katangikala, was riding pillion with her daughter to attend a funeral at Arambha village in neighbouring Madhya Pradesh when a recklessly driven tipper truck carrying sand hit their scooter on Friday morning, said an official. Nagpure fell down and came under the truck's tyre while her daughter, who fell on the other side, a ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >
Gadwal: In a decisive action against illegal sand transportation, Gattu police seized a sand-laden tipper truck on Tuesday and registered a case against those involved. According to Gattu SI KT Mallesh, the operation was carried out based on credible information about unauthoriSed sand storage and sales. The prime accused, identified as Anjaneyulu from Ellandoddi village, had allegedly been transporting sand from the neighboring state of Karnataka without obtaining any official permits. Once brought into Telangana, the sand was being dumped and illegally stockpiled on the outskirts of Ellando ...Read More >
Mumbai, Oct 28 (PTI) The Maharashtra government has finalised a policy promoting the use of artificial sand for construction activities and issued an official order to this effect, Revenue Minister Chandrashekhar Bawankule said on Tuesday. In a letter to all district collectors, Bawankule directed the immediate implementation of the policy. The government has delegated powers to approve the artificial sand, or M-Sand (manufactured sand), units to district collectors, who can now sanction up to 100 such units, an increase from the earlier cap of 50. As per the new resolution issued by the re ...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 >
SRINAGAR/NEW DELHI: An "accidental" explosion ripped through the Nowgam police station in Srinagar, killing nine people and injuring 32 others, senior officials said while underlining that it was not a terror attack. Director General of Jammu and Kashmir Police Nalin Prabhat and MHA Joint Secretary (Kashmir) Prashant Lokhande said the incident occurred while officials were handling samples of the large cache of explosives seized in connection with the Jaish-e-Mohammed 'white-collar' terror module case in Haryana's Faridabad. Prabhat and Lokhande read out almost identical statements before th ...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 >
NAGPUR: The Maharashtra government has pledged strict action against illegal sand mining along the Wardha River. Speaking during the monsoon session of the state legislature on Tuesday, revenue minister Chandrashekhar Bawankule assured that officials showing laxity in curbing illegal excavation would face immediate suspension. To ensure accountability, drone surveys have been ordered to monitor sand mining sites. Bawankule said the state introduced a new sand policy on April 1, abolishing the earlier depot system and replacing it with an auction-based model, which has already begun generating ...Read More >
Bhopal: A forest guard was allegedly killed after being run over by a tractor-trolley carrying illegally mined sand in the Ambah area of Madhya Pradesh's Morena district on Wednesday morning. The deceased has been identified as Harikesh Gurjar, a resident of Morena district. Morena additional superintendent of police (ASP) Surendra Pal said that during an operation against illegal sand mining and transportation, a six-member Ambah range patrol team spotted a tractor-trolley loaded with sand being transported from Aisah Ghat on the Chambal River. Also Read:6 booked for attacking police team a ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict be ...Read More >
Indore (Madhya Pradesh): Following the verdict of a Tehsildar Court, a joint team of the district administration and Indore Municipal Corporation (IMC) cleared illegal encroachment on government land in the Pipliya Rao area on Wednesday morning. The market value of the land parcel is estimated to be worth nearly Rs200 crore. The court had declared the land as government property. Ghanshyam Dhangar, Sub Divisional Magistrate (SDM) of the Juni Indore area, led the removal action. According to officials, the drive led to the removal of illegal encroachments from around 1.78 hectares of governme ...Read More >
Mumbai: The Maharashtra government has decided to curb illegal sand mining through drone-based surveys. Maharashtra revenue minister Chandrashekhar Bawankule said drones will be deployed to survey minor mineral mining zones in the state as part of the government's efforts to stop illegal sand mining and quarrying. The objective is to complete a comprehensive mapping of all mining areas within the next three months, which will not only curb illegal excavation of resources like stone, gravel, and sand but also accelerate the development of eco-friendly initiatives such as artificial sand manufa ...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, Jul 18 (PTI) A three-storey chawl collapsed in the western suburb of Bandra here in the early hours of Friday, with at least 10 people feared trapped in the debris, civic officials said. As many as seven people have been rescued from the debris so far and admitted to the civic-run Bhabha Hospital, they said. According to preliminary information, chawl number 37 in the Bharat Nagar area of Bandra East collapsed around 5.56 am. Eight fire engines are at the spot along with teams from the Mumbai police and the Brihanmumbai Municipal Corporation's local ward machinery, an official from ...Read More >
New Delhi, Oct 15 (PTI) The Delhi government and police will strictly enforce sale of NEERI and PESO certified green firecrackers, with licensees allowed to stock only 600 kg of crackers per shop, officials said on Thursday. Temporary licences will be issued by the deputy commissioners of police (DCPs) in each district, among around 140 Petroleum and Explosives Safety (PESO) certified firecracker retailers for sale on three days (October 18-19). Patrol teams will be formed to enforce the Supreme Court guidelines, they said. The apex court on Wednesday temporarily lifted ban on green firecrac ...Read More >
Morena (Madhya Pradesh): A forest guard was allegedly crushed to death by a sand mafia while trying to stop an illegal mining operation in Madhya Pradesh's Morena district on Wednesday morning, an official said. The incident occurred near Ranpur Tiraha under the jurisdiction of Dimni police station in the district between 5:30 am and 6 am on Wednesday. The Forest Department team was on patrol to check illegal sand mining and transportation in the region. During which, forest guard Harikesh Gurjar attempted to stop a tractor-trolley loaded with sand but the tractor driver allegedly ran over h ...Read More >
Mumbai, Jun 6 (PTI) Maharashtra Revenue Minister Chandrashekhar Bawankule has said drones will be deployed to survey minor mineral mining zones in the state as part of the government's efforts to curb illegal sand mining and quarrying. He said the government aims to complete a comprehensive measurement of all mining zones in the state over the next three months. "To curb illegal excavation of sand and minor minerals, we have decided to carry out drone-based surveys of mining areas," Bawankule said on Thursday. The minister said that the data collected through the drone surveys will be submi ...Read More >
New Delhi: Bollywood top actress Deepika Padukone has once again proved that she is a global icon. The actress has been chosen as a recipient of prestigious Hollywood Walk of Fame star in the coming year. Deepika has pinned India on the global map as Hollywood Chamber of Commerce honours Deepika with her star on the Hollywood Walk of Fame for the class of 2026 in Motion Pictures category. Announced over a live-stream, it becomes even more special as Deepika becomes the first Indian to receive this prestigious accolade. Our Indian superstar shares the class with Emily Blunt, Timothée Chalamet, ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with natural-voice AI agents and deployed end-to-end social media pipelines capable of scaling global brand ...Read More >
Morena (Madhya Pradesh): A forest guard was allegedly crushed to death by a sand mafia while trying to stop an illegal mining operation in Madhya Pradesh's Morena district on Wednesday morning, an official said. The incident occurred near Ranpur Tiraha under the jurisdiction of Dimni police station in the district between 5:30 am and 6 am on Wednesday. The Forest Department team was on patrol to check illegal sand mining and transportation in the region. During which, forest guard Harikesh Gurjar attempted to stop a tractor-trolley loaded with sand but the tractor driver allegedly ran over h ...Read More >
KAKINADA: Former MLA SVSN Varma alleged that large-scale illegal sand mining had been going on unabated in Pithapuram Assembly constituency for the past five years. On Saturday, Varma, along with local TDP leaders, visited several sand reaches, and lodged a formal complaint with police. He accused some individuals affiliated with the YSRCP before the 2024 elections, now associated with the Jana Sena Party, of being involved in looting massive quantities of sand. Speaking to the media, Varma said, "If a common man takes a handful of sand, police arrest him. Though hundreds of lorries are illeg ...Read More >
Senior advocate Nikhil Goel pointed out that some of the villages in the area were entirely dependent on sand mining. File The Supreme Court of India on Thursday (April 2, 2026) said the sand mining mafia, who carry "better weapons than the police" and kill those who come in their way with impunity, were the "modern dacoits" of Chambal. The oral observation from a Bench of Justices Vikram Nath and Sandeep Mehta was in response to an oft-repeated submission from the Madhya Pradesh government tha ...Read More >
Bhopal: A forest guard was allegedly killed after being run over by a tractor-trolley carrying illegally mined sand in the Ambah area of Madhya Pradesh's Morena district on Wednesday morning. The deceased has been identified as Harikesh Gurjar, a resident of Morena district. Morena additional superintendent of police (ASP) Surendra Pal said that during an operation against illegal sand mining and transportation, a six-member Ambah range patrol team spotted a tractor-trolley loaded with sand bein ...Read More >