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.
Puri, Jul 3 (PTI) The 'Ratna Bhandar' (treasure chest) of Lord Jagannath Temple is safe, and the repair work of the chamber is almost complete, Puri's titular king, Gajapati Maharaja Dibyasingha Deb, said on Thursday. The Gajapati Maharaja inspected the Ratna Bhandar repair work being carried out by the Archaeological Survey of India, the custodian of the 12th-century shrine, for 11 months. Also Read | Starlink India Launch Likely in Coming Months As IN-SPACe Reviews Approval Process for Elon Musk's Satellite Internet Service. Besides him, Shree Jagannath Temple Administration (SJTA) Chief Administrator Arabinda Padhee and technical team members of the ASI entered the Ratna Bhandar and supervised both the outer and inner chambers of the treasury, which were in a dilapidated state. Deb said the structural revamp and aesthetics of the Ratna Bhandar reflect Odisha's timeless temple architecture. Also Read | India's Concerns Shared with US Senator Lindsey Graham Who Proposed 500% Tariff on Russian Oil Buyers: S Jaishankar. Around 600 stone slabs were replaced with new ones, replicating traditional design while reinforcing safety, the titular king told reporters outside the 65-metre tall imposing temple. "Whatever little work is left is expected to be completed by Niladri Bije (return of the deities to the temple after Rath yatra) on July 8," he said. Deb said that after completion of the repair work, the SJTA, with permission of the state government, would undertake an inventory of valuables. The Ratna Bhandar was reopened on Sunday after 46 years for an inventory of valuables and the repair of its structure, officials said. The ASI began working inside the Ratna Bhandar in July 2024, when it was reopened after 46 years to prepare an inventory of valuables and repair its structure. Sources said that a total of 14 beams have been repaired. More than 80 skilled craftsmen are engaged in the repair work of the Ratna Bhandar. Padhee said that interior repairs are nearly complete, with final touches to the outer treasury expected within the next two days. The outer and inner parts of Ratna Bhandar are being preserved by applying chemical coatings, he said while replying to a question. He said there have been additions like new stainless-steel and Burma Teak wood security gates. The gate will have silver cladding later on, he said.
A temple locked since 1978 communal riots in Sambhal, Uttar Pradesh, has been reopened by authorities during an anti-encroachment drive. The Bhasma Shankar temple, containing idols of Lord Hanuman and a Shivling, was rediscovered during an electricity theft inspection. This follows recent violence and heightened tensions in the area, including a mosque survey dispute and loudspeaker fine.The Sambhal administration here on Saturday uncovered and reopened a temple, which is said to have been closed ...Read More >
Sambhal (Uttar Pradesh) [India], January 2 (ANI): The court commissioner submitted his survey report in Chandausi Court in the Sambhal Jama Masjid-Harihar case on Thursday. Tensions in Sambhal have been high since November 19, when a local court ordered a survey of the mosque. Clashes between protestors and police over the court-ordered survey of the Jama Masjid resulted in four deaths. Also Read | Karnataka Contractor Suicide Row: BJP Sends Sachin Panchal's Death Note to Lok Sabha LoP Rahul Gandhi; Congress Leader Priyank Kharge Says 'Party Set for Humiliation'. On December 30, a delegatio ...Read More >
Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. "Large-scale illegal stone mining is taking place in the hills of Karbi Anglong in violation of the Supreme Court order. The SC had banned mining in and around K ...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 >
CoinEx Charity's Starlink Program, under its "Bridge to Hope" initiative, has launched its first Starlink unit in the Philippines, aiming to bring high-speed satellite internet to remote areas. The first deployment in EB Magalona, Negros Occidental, enhances access to education, economic opportunities, and essential services. Mayor Marvin Malacon highlighted plans for educational seminars on blockchain and cryptocurrency. CoinEx Charity, established in 2022, focuses on global charitable efforts, while CoinEx, a leading crypto exchange, offers user-friendly trading services to over 10 million u ...Read More >
Thiruvananthapuram, Dec 11 (PTI) Two men drowned in a temple pond in Uloor while taking a bath on Wednesday, police said. The deceased persons, identified as auto drivers hailing from nearby places, were found drowning in the pond by local people. Though they sprung into a rescue mission, the two men were brought out dead. Due to the depth of the pond, there was a compound wall and gate to prevent people from entering the temple pond, but the auto drivers ignored the warning, local people added. PTI LGK KH ...Read More >
Khargone (MP), Dec 11 (PTI) Spiritual leader Sant Siyaram Baba passed away on Wednesday at 94 following a brief illness at his ashram on the banks of the Narmada river in Madhya Pradesh, an official said. Siyaram Baba breathed his last around 6.10 am in his ashram in Bhattyan village, said Khargone district Superintendent of Police Dharmaraj Meena. Condolences poured in from various quarters. Madhya Pradesh Chief Minister Mohan Yadav, former CM Digvijaya Singh, and ex-Union minister Arun Yadav among others expressed grief over the death of the Hindu seer, a revered figure in the Nimar region ...Read More >
Hyderabad, Feb 10 (VOICE) Telangana's Minister for Industry and Information Technology D. Sridhar Babu has strongly condemned the attack on Chilkur Balaji Temple head priest C. S. Rangarajan and made it clear that the government will not tolerate anarchic elements hijacking Hinduism to spread hate and terror.Terming the attack on the chief priest and administrator of the temple as a heinous act, he said that the government would deal with such evil acts with an iron fist. "Although the main accused is in police custody, this isn't just a crime -- it's an attack on our values and faith! Using ...Read More >
New Delhi [India], November 26 (ANI): Responding on the arrest and denial of bail of Chinmoy Krishna Das the Ministry of External Affairs on Tuesday urged Bangladeshi government to ensure the safety and security of Hindus. "We have noted with deep concern the arrest and denial of bail to Shri Chinmoy Krishna Das, who is also the spokesperson of the Bangladesh Sammilit Sanatan Jagran Jote", the statement said. "This incident follows the multiple attacks on Hindus and other minorities by extremist elements in Bangladesh. There are several documented cases of arson and looting of minorities' ho ...Read More >
New Delhi: In a significant ruling, the Supreme Court has directed that no new lawsuits related to places of worship (temples, mosques, or shrines) can be filed until further notice. This decision was made during the ongoing hearing of petitions challenging the Places of Worship (Special Provisions) Act, 1991. The ruling prohibits the lower courts from issuing any survey orders or interim orders that might alter the status or nature of any religious site. The bench, comprising Chief Justice Sanjiv Khanna, Justice Sanjay Kumar, and Justice K.V. Vishwanathan, issued this order while hearing sev ...Read More >
Also Read | Sambhal sparks rift: INDIA bloc allies face leadership turmoil? "Multiple encroachments are being seen around the area," Sambhal DM Rajendra Pensia told ANI. Pensia said, "There was encroachment on roads, sewers, water bodies, and that too for a long time. We are undertaking an 'abhiyan' (drive) to fix it. We launched a campaign in Chandausi and we had decided we would start the campaign here in November. But we could not start." The DM stated the anti-encroachment drive will conti ...Read More >
New Delhi, Dec 18 (PTI) The Pakistan high commission on Wednesday said it issued 84 visas to Indian pilgrims to visit the Shree Katas Raj temples in Punjab province's Chakwal district. The group has been given visas to visit the Katas Raj temples from December 19 to 25. The temples are also known as Qila Katas. It is a complex of several Hindu temples connected to one another by walkways. Under the provision of a bilateral protocol on visits to religious shrines, Sikh and Hindu pilgrims from India visit Pakistan every year.Pakistani pilgrims also visit India every year under the protocol. ...Read More >
Mumbai: Prime Minister Narendra Modi is scheduled to visit the naval dockyard for the commissioning ceremony of three naval vessels -- two warships INS Surat and INS Nilgiri, and the submarine INS Vaghsheer -- on Wednesday. The event will take place between 9.30 am and 12.30 pm. According to a defence spokesperson, thies commissioning represents a crucial advancement towards fulfilling the national ambition to emerge as a global force in defence production and maritime security. Later, Modi will be at Kharghar in Navi Mumbai at 3.30 pm. Officials said that as part of his initiative to streng ...Read More >
New Delhi [India], November 28 (ANI): India has expressed its concern over the escalating incidents of violence against Hindu minorities in Bangladesh and desecration, and damage to their places of worship, and has also called on the interim government there to ensure the safety of minorities. In a response to question asked by RJD MP AD Singh, Minister of State for Ministry of External Affairs, Kirit Vardhan Singh in a written reply to Rajya Sabha, stated that the "primary responsibility" for the protection of life and liberty of all citizens of Bangladesh, including minorities, "rests with ...Read More >
Sundar Pichai, CEO of Google, is facing legal trouble after a Mumbai court issued a notice due to YouTube's failure to comply with a previous order. The issue revolves around an offensive video about Dhyan Foundation’s founder, Yogi Ashwini, which was supposed to be removed globally but remains accessible outside India. The court is questioning Pichai on why he shouldn't face consequences for not following the order. Meanwhile, satellite internet services are set to launch in India, with Jio, Airtel, Starlink, and Amazon Kuiper competing for market dominance. The government is preparing to all ...Read More >
Kottayam (Kerala), Dec 12 (PTI) The historic struggle for equality that took place in Vaikom a century ago, popularly known as the Vaikom Satyagraha, was not a movement confined to Kerala but marked the starting point for various other struggles for social justice, Tamil Nadu Chief Minister M K Stalin said on Thursday. In his address at Vaikom in this district after inaugurating the renovated Thanthai Periyar Memorial and Periyar Library, Stalin said that while impressive strides have been made in areas of social justice and economy in 100 years, a lot more has to be achieved. Stalin inaugur ...Read More >
Sambhal (UP), Dec 15 (PTI) Weeks after violent clashes over a court-ordered survey of the Shahi Jama Masjid claimed four lives, the district administration has launched a campaign against encroachments and illegal power theft in the area around the historic mosque. As part of its efforts, the administration began removing encroachments from the area on Sunday morning. According to Additional Superintendent of Police (ASP) Shrish Chandra, the focus is on clearing drains outside houses and shops in the area under the Nakhasa police station. The area is close to the residence of Samajwadi Part ...Read More >
New Delhi, Dec 18 (PTI) Gold prices fell Rs 200 to Rs 79,100 per 10 grams in the national capital on Wednesday amid a firm trend in international markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity settled at Rs 79,300 per 10 grams in the previous session. Snapping a three-day losing run, silver climbed Rs 500 to Rs 92,000 per kg on Wednesday. It closed at Rs 91,500 per kg on Tuesday. In the last three sessions, the white metal plunged Rs 5,500 per kg. The price of gold of 99.5 per cent purity slipped Rs 200 to Rs 78,700 per 10 grams from the ...Read More >
Ayodhya (Uttar Pradesh) [India], June 6 (ANI): Thousands of devotees rejoice as they make their way to the Shri Ram Janmabhoomi Temple today, a momentous occasion in the spiritual and cultural landscape of India. Uttam Kumari Sheluwal, a local from Nepal, said,' We've come to Ayodhya to visit the Ram Janmabhoomi Temple, where our beloved Bhagwan Shri Ramchandraji resides. Our family's Ishtadev is Bhagwan Shri Ram, and we worship Mata Janaki too. We're thrilled to be here in Ayodhya, the city of Lord Ram, and can't wait to have Darshan of Prabhu Shri Ram. We're grateful to Chief Minister Yogi ...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 >
Following violence in Sambhal on November 24 related to a mosque survey, authorities plan to publicly display posters of over 400 identified individuals involved. 32 have been arrested so far. The posters will exclude those arrested. The government aims to hold those responsible for property damage accountable. Four people were killed, and many injured during the clash.The Sambhal administration on Thursday said it will put up posters of those involved in the November 24 violence. "We will put up ...Read More >
New Delhi, Dec 12 (PTI) Gold prices climbed Rs 500 to Rs 80,900 per 10 grams in the national capital on Thursday due to persistent buying by retailers and jewellers, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity finished at Rs 80,400 per 10 grams in the previous trading session. The yellow metal has jumped nearly Rs 2,000 in the past three sessions. Silver also rallied Rs 700 to Rs 97,000 per kg on Thursday. The white metal settled at Rs 96,300 per kg in the previous session. The price of gold of 99.5 per cent purity also surged Rs 500 to Rs 80,5 ...Read More >
Mumbai, Dec 18 (PTI) Jobs and talent platform and a Quess company, foundit, on Wednesday announced the appointment of V Suresh as its Chief Executive Officer. With over two decades of experience in the internet domain, digital transformation, and the e-recruitment ecosystem, Suresh brings a wealth of strategic expertise and a forward-looking vision to foundit (formerly Monster APAC and ME), the company said in a statement. "Suresh's deep understanding of the digital talent ecosystem and proven ability to scale businesses will help us strengthen our leadership position in the market. Under hi ...Read More >
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New Delhi: In his latest rant against the administration and the 'Big Beautiful Bill', Tesla CEO Elon Musk on June 5 claimed that US President Donald Trump would have lost the 2024 election without his support. The billionaire further accused Trump of "ingratitude". "Without me, Trump would have lost the election, the Democrats would control the House, and the Republicans would be 51-49 in the Senate," he posted on X. This comes after President Trump said that he is disappointed with the former DOGE chief, who recently stepped down as his senior adviser. Now, Musk is going after the administ ...Read More >
Bhubaneswar, Dec 3 (PTI) President Droupadi Murmu on Tuesday arrived in Odisha and unveiled a statue of Santali writer and educator Pandit Raghunath Murmu here. She also visited the Adim Owar Jarpa Jaher, a sacred place for Santals, in Bhubaneswar and offered prayers. The President was accorded a warm welcome at Biju Patnaik International Airport (BPIA), where she landed on a special aircraft of the Indian Air Force (IAF) to commence her five-day visit to Odisha. She was received at the airport by Governor Raghubar Das, Chief Minister Mohan Charan Majhi and other dignitaries. People standi ...Read More >
Dhanbad/Gumla, Dec 4 (PTI) Thousands of people from various Hindu organisations on Wednesday took out rallies in Jharkhand's Dhanbad and Gumla cities in protest against the attacks on Hindus in Bangladesh and the arrest of spiritual leader Chinmoy Krishna Das. Demanding the immediate release of Das, the protesters urged the Indian government to intervene and stop the atrocities being perpetrated on minority Hindus in the neighbouring country. In Dhanbad, Hindu Rashtriya Samanvya Samiti (HRSS) organised the protest, which was attended by members of Dhanbad ISKCON, Bajrang Dal, BJP and other o ...Read More >
Manipur Starlink: The forensic reports are being tallied by the state and the Centre A Starlink dish and router recovered by the security forces from insurgents in Manipur are non-functional and incompatible in the state bordering Myanmar, sources in the central intelligence agencies have said based on their investigation. "The devices had definitive markings of Starlink, but when we got it examined, we came to know that it is not compatible in this region," a senior officer told NDTV, requesting anonymity. The army handed over the device to the Department of Telecommunications and the Mini ...Read More >
BHUBANESWAR/PURI: In a massive incentive, the Law department has approved Rs 2.25 crore for Daitapati servitors of the Shree Jagannath Temple if they ensure a smooth Rath Yatra. A proposal in this regard was sent by the Shree Jagannath Temple Administration (SJTA) recently. In a letter to the Srimandir chief administrator, the department informed that the government has approved Rs 2.25 crore as a 'special reward' for Daita servitors for disciplined conduct during the annual festival of the Trinity. The money will be paid from the SJTA funds and replenished with the allotment of funds as spe ...Read More >
NEW DELHI: A day after a court in Ajmer issued notices in a civil suit claiming that there is a Shiva temple in the dargah of Sufi saint Moinuddin Chishti, Rajya Sabha MP Kapil Sibal on Thursday termed the development as "worrisome" and wondered where the country was being taken for political dividends. A local court in Ajmer on Wednesday directed that notice be issued to three parties in a civil suit which claims there is a Shiva temple in the dargah, the plaintiff's advocate said. In a post on X, Sibal said, "Worrisome. The latest claim: Shiv Temple at Ajmer Dargah. Where are we taking thi ...Read More >
Ayodhya, Dec 5 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Thursday accused the Opposition parties of trying to divide society, saying what Mughal ruler Babur's army did in Ayodhya and Sambhal is what is happening in Bangladesh. The chief minister, who was in the temple town for the inauguration of the 43rd Ramayan Mela, said Lord Ram united the whole society. "Had we given importance to unity and not let the strategy of nation's enemies succeed in creating social animosity, this country would have never become a slave. Our pilgrimages would not have become impure. A handful of inv ...Read More >