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.
Shimla, Jul 3 (PTI) The Shimla administration on Thursday announced that the recent collapse of the five-storey building on the outskirts of Shimla city will be investigated, and a report will also be prepared on the construction of the four-lane road that passes near the mishap site. The panel, headed by additional district magistrate (law and order), will investigate the reasons behind the building collapse and submit a report, Shimla Deputy Commissioner Anupam Kashyap said. He also stated that a separate committee would prepare the status report of the road project between Kaithlighat and Dhalli and added that action would be taken based on the outcome of the findings. This development comes after a rift between Himachal Pradesh Panchayati Raj Minister Anirudh Singh and National Highway Authority of India (NHAI) officials came out in the open. The minister was booked on Monday for alleged assault on NHAI officials, which took place after the collapse of the building in Mathu colony. The building owner and a few others, whose houses have become vulnerable post the incident, have blamed the construction project, which is being overseen by NHAI and the company which is executing it. Kashyap further stated that if the houses adjacent to the collapsed house are found to be in danger due to the project, the committee will submit a report on that, too. The Shimla DC pointed out that due to the construction, there is a threat to the houses of the people, regarding which complaints have been received from many individuals. According to an official statement, it was also decided in the meeting to seek a report from the NHAI too. The DC said that the company constructing the road will also give its report regarding the compliance of rules. Additionally, a separate report on the land acquisition done for the project has been sought, too. The DC has also directed the NHAI officials to take steps on the demands of the affected people. Besides this, Kashyap directed the Public Works Department to get the partially damaged buildings evaluated so that the owners of the affected houses can be compensated after assessing the damage. PTI BPL AMJ AMJ
New Delhi, Jun 6 (PTI) The Supreme Court on Friday cancelled the bail granted to former Karnataka minister Vinay Kulkarni in connection with a 2016 case related to the murder of BJP worker Yogesh Gowda. A bench of justices Sanjay Karol and Satish Chandra Sharma passed the order while noting that there was sufficient material on record to suggest that attempts were made by Kulkarni to either contact the witnesses or alternatively, influence them. "Keeping in mind the totality of circumstances, this court is of the considered opinion that the bail granted to the respondent (Kulkarni) ought to ...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 >
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 >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...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 >
Bhopal (Madhya Pradesh) [India], June 29 (ANI): Madhya Pradesh Chief Minister Mohan Yadav ordered strict action after taking cognisance of serious negligence in the construction of the Aishbagh Railway Overbridge (ROB) in Bhopal. Following his directions, eight engineers of the Public Works Department (PWD) were held accountable based on the findings of an investigation. In a post on X, CM Yadav said, "I took cognisance of the serious negligence in the construction of the Aishbagh ROB and ordered an investigation. Based on the investigation report, action has been taken against 8 engineers of ...Read More >
Noida: Police on Tuesday arrested more than 160 protesting farmers, including the president of Bharatiya Kisan Parishad Sukhbir Yadav 'Khalifa', who were holding a sit-in at the 'Dalit Prerna Sthal' in Noida after their march to Delhi on land compensation and other demands was stopped a day earlier. The protesters, who had gathered in Gautam Buddh Nagar from different parts of Uttar Pradesh on Monday on the call of Samyukta Kisan Morcha (SKM), had threatened to resume their march to the national capital if their demands were not met within a week. Condemning the police action, the SKM said it ...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 >
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 >
New Delhi, Jun 8 (PTI) Delhi Chief Minister Rekha Gupta on Sunday said the Centre has approved several projects worth Rs 24,000 crore to streamline traffic and reduce pollution in Delhi and its adjoining areas, including a five-km tunnel between Shiv Murti-Mahipalpur (Dwarka Expressway) and Nelson Mandela Road (Vasant Kunj). The tunnel will be constructed by the National Highways Authority of India (NHAI) at an estimated cost of Rs 3,500 crore, she said, adding that the projects were approved during a recent meeting with Union Minister of Road Transport and Highways, Nitin Gadkari. ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to invite this esteemed class of artists, technologists, and professionals to join the Academy," said Ac ...Read More >
Godhra, Jun 28 (PTI) Union Home Minister Amit Shah on Saturday called for the youth to resolve towards making India a world leader in every sphere by 2047, when it celebrates the centenary of its Independence. He also recalled the contributions of tribal leader Govind Guru in India's freedom struggle, saying he awakened the conscience of the people from the region during the British rule. Shah was addressing via video link a programme where development works worth Rs 125 crore for Shri Govind Guru University at Vinzol near Godhra in Gujarat's Panchmahal district were launched. Describing Go ...Read More >
Bhubaneswar, Jun 29 (PTI) In a punitive measure following the Puri temple stampede that left three people dead and nearly 50 injured on Sunday, Chief Minister Mohan Majhi ordered the transfer of District Collector Siddharth Shankar Swain and SP Vineet Agrawal. Terming the "negligence" leading to the stampede as "unpardonable", Majhi also announced the suspension of two police officers - DCP Bishnu Pati and Commandant Ajay Padhi - an official release said. The CM appointed Khurda District Collector Chanchal Rana as the new collector of Puri. Agrawal will be replaced by Pinak Mishra as Puri SP ...Read More >
Itanagar, Dec 5 (PTI) The Arunachal Pradesh government has inked a memorandum of agreement (MoA) with the Indian Army for the maintenance and upkeep of the Major Ralengnao Bob Khathing Museum of Valour in Tawang district. The memorandum was signed by Tawang Deputy Commissioner Kangki Darang and Brigadier VS Rajput of the 190 Mountain Brigade on Wednesday in the presence of Chief Minister Pema Khandu. With this agreement, the museum will be effectively managed solely by the Indian Army, an official statement said here on Thursday. On the occasion, Khandu paid tributes to Sardar Vallabhbhai P ...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, Jan 22 (PTI) Congress president Mallikarjun Kharge on Wednesday expressed his grief at the deaths of several people due to rumours of fire in the Pushpak Express in Maharashtra's Jalgaon and called for immediate compensation to the victims and punishment to the guilty. "Our deepest condolences to the bereaved families of the victims, we pray for the peace of the departed souls. We wish for the speedy recovery of the injured. "The government and administration are requested to provide immediate and appropriate compensation to the victims and take strict legal action against those g ...Read More >
Mangaluru, (Karnataka) Feb 5 (PTI) District in-charge Minister of Dakshina Kannada, Dinesh Gundu Rao, directed officials on Wednesday to install CCTV cameras on both sides of bridges along major highways and main roads to prevent 'illegal' activities. During an inspection of the strengthening work on the Addur Bridge along the Perali-Addur State Highway, Rao highlighted reports of sand mining near bridges weakening their structures. Also Read | Delhi Assembly Elections 2025: National Capital Records 57.89% Voter Turnout; Exit Polls Give BJP Edge Over AAP. He said that although extracting sa ...Read More >
New norms to avoid another Bengaluru stampede, said Home Minister G Parameshwara. Bengaluru: Karnataka government will formulate a new Standard Operating Procedure (SOP) for mega events, meetings and celebrations aimed at preventing any untoward incidents, state Home Minister G Parameshwara said on Thursday. The initiative comes in the wake of the stampede near the Chinnaswamy Cricket Stadium here on Wednesday that claimed 11 lives. Speaking to reporters, Mr Parameshwara said that the governm ...Read More >
New Delhi, Jun 7 (PTI) Rahul Gandhi claimed on Saturday that the 2024 Maharashtra Assembly elections were a "blueprint for rigging democracy", drawing rebuke from BJP president J P Nadda, who accused the Congress leader of "cooking up bizarre conspiracies" in his desperation after losing a series of elections. The Leader of the Opposition in the Lok Sabha alleged in an article in the Indian Express that this poll "match-fixing" would next happen in the Bihar elections and "anywhere the BJP is losing". In a post on X, he said, "My article shows how this happened, step by step: Step 1: Rig the ...Read More >
Srinagar, June 7: Jammu and Kashmir Lieutenant Governor Manoj Sinha, on Saturday, congratulated the University of Kashmir for getting an A++ grade in the NAAC inspection. The Lt Governor extended his heartiest congratulations to the Vice Chancellor, faculty, staff, and students of the University of Kashmir for attaining the prestigious A++ Grade by the National Assessment and Accreditation Council (NAAC), and securing an outstanding Cumulative Grade Point Average (CGPA) of 3.68 on a seven-point scale. Calling it a proud moment for J&K UT, the Lt Governor said, "The A++ Grade places the Un ...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 >
Amritsar, Jun 26 (PTI) A 35-year-old man from Uttarakhand was rescued and reunited with his family after allegedly being held as a bonded labourer at a cowshed in a village in Tarn Taran district, officials said on Thursday. Ramesh Kumar, from Uttarakhand's Chamoli district, was rescued following the intervention of Punjab Governor and Chandigarh Administrator Gulab Chand Kataria, an official statement said. After a video went viral on social media purportedly showing Kumar tending to cattle under exploitative conditions, Garhwal MP Anil Baluni reached out to Governor Kataria. Kataria then ...Read More >
Ranchi, Jun 27 (PTI) Lord Jagannath's chariot along with goddess Subhadra and Lord Balbhadra are set to roll out on Friday evening on way to their annual nine-day sojourn to Mausi Bari in Jharkhand's capital Ranchi amid tight security. The chariots of the deities will start rolling around 4.30 pm from Jagannath temple in Dhurwa with traditional rituals. Jharkhand Governor Santosh Kumar Gangwar and Chief Minister Hemant Soren extended their wishes on the occasion of Rath Yatra. "Heartfelt greetings to all devotees on the sacred occasion of Rath Yatra. May Lord Jagannath bless this auspicious ...Read More >
Bijnor (UP), Jun 27 (PTI) The death toll in the incident where four members of a debt-ridden labourer's family consumed poison has risen to three, police said on Friday. Superintendent of Police Abhishek Jha said the incident took place in the Kandera village under Noorpur police station, where Pukhraj, a labourer who earned his livelihood by driving a horse cart, consumed poison along with his wife Rameshiya (50) and daughters Anita (21) and Seetu alias Sunita (18) on Thursday morning. The family took the extreme step allegedly due to constant harassment from lenders over unpaid debts. Ram ...Read More >
New Delhi, Jun 27 (PTI) The Delhi government has directed all district magistrates to conduct regular inspections of night shelters across the city, following reports of serious mismanagement, fake staff and unsafe conditions for residents. Urban Development Minister Ashish Sood chaired a high-level meeting at the Delhi Secretariat on Friday to review the functioning of the night shelters operated by the Delhi Urban Shelter Improvement Board (DUSIB). The meeting, attended by senior DUSIB officials and district magistrates through video-conferencing, was convened a day after the minister cond ...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 >
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 >
Kolkata: On the 13th day of teachers' protest outside Bikash Bhavan, the protesting teachers split among themselves and formed a new platform. At least 2,500 protesters stood by the chief minister, as stated in a press conference by education minister Bratya Basu on Monday. Reacting to a question from media, Basu said in Titagarh, "I will trust those who have written to me expressing their faith in the chief minister."The new organisation formed was named the West Bengal Untainted Teachers Associ ...Read More >
Imphal, Jun 8 (PTI) Protests over the arrests of Meitei outfit leaders continued in Manipur on Sunday even as the administration imposed prohibitory orders and suspended internet services in five Imphal valley districts, officials said. Protesters burnt tyres on roads at Uripok and Koirengei in Imphal West district and Khurai in Imphal East, defying the prohibitory orders, they said. At Koirengei, demonstrators dug up the road and made heaps of soil on the thoroughfares to prevent the movement of security forces. Similar agitations were also staged in Jiribam district, neighbouring Assam. ...Read More >
IMPHAL, 8 Jun: Protests over the arrests of Meitei outfit leaders continued in Manipur on Sunday even as the administration imposed prohibitory orders and suspended internet services in five Imphal valley districts, officials said. Protesters burnt tyres on roads at Uripok and Koirengei in Imphal West district and Khurai in Imphal East, defying the prohibitory orders, they said. In Koirengei, demonstrators dug up the road and made heaps of soil on the thoroughfares to prevent the movement of security forces. Similar agitations were also staged in Jiribam district, neighbouring Assam. Prohi ...Read More >