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.
Bengaluru: The Karnataka High Court deferred the hearing until July 9 regarding the state govt's petition challenging the CAT's decision to nullify IPS officer Vikash Kumar Vikash's suspension. The understanding reached ensures Vikash would not file a contempt petition citing that he was not reinstated. On July 1, the CAT Bengaluru bench overturned Vikash's suspension dated June 5 related to the June 4 stampede at Chinnaswamy Stadium which resulted in 11 fatalities.Advocate General Shashikiran Shetty, representing the state govt, argued that Royal Challengers Bengaluru (RCB) should contest the tribunal's order as they were deemed responsible for the crowd gathering. He requested a stay on the tribunal's order and noted that other suspended officers did not challenge their suspensions and there was no interim order in favour of Vikash as well.Senior advocate Dhyan Chinnappa, representing Vikash, expressed readiness to present arguments and assured the officer would not pursue contempt proceedings regarding his reinstatement. The division bench, led by Justice SG Pandit, acknowledged the senior advocate's statement and scheduled the matter for final disposal, requiring the advocate general to submit all relevant materials.The tribunal, in its decision to revoke the suspension, highlighted the state govt's mechanical approach without substantial grounds. It suggested extending similar relief to other suspended officers and noted RCB's social media posts inviting people as the primary cause of the crowd gathering.The govt's petition argues that the tribunal overlooked crucial aspects of the suspension order indicating officers' duty dereliction. They contend the tribunal conducted proceedings akin to a departmental inquiry, contradicting established legal principles for suspension cases.The govt maintains that despite ordering magisterial and commission enquiries, sufficient evidence exists regarding the officer's dereliction of duties. They assert the tribunal misunderstood these enquiries' significance and seek the high court's intervention, having submitted relevant documentation, including Karnataka Police Manual excerpts and event chronology in a sealed cover.
Bengaluru, June 5 (PTI) In a major development, Karnataka Chief Minister Siddaramaiah on Thursday suspended Bengaluru police commissioner B Dayananda and several other senior police officials in connection with the stampede outside the Chinnaswamy Stadium that killed 11 people. He also ordered the arrest of representatives of the RCB team, the event management firm DNA Entertainment Private Limited, and the Karnataka State Cricket Association (KSCA), hours after an FIR was registered against them under various charges, including culpable homicide not amounting to murder. The state government ...Read More >
Bengaluru, Jun 5 (PTI) Karnataka Chief Minister Siddaramaiah on Thursday ordered the suspension of Bengaluru police commissioner and several senior police officials in connection with the stampede in front of Chinnaswamy Stadium here, which left 11 people dead. He has also ordered the arrest of representatives of RCB, DNA event managers and Karnataka State Cricket Association (KSCA), while handing over the probe to the one-man judicial commission headed by retired High Court judge of Karnataka Justice Michael Cunha. The stampede occurred on Wednesday evening in front of the stadium, where a ...Read More >
Mumbai (Maharashtra) [India], June 5 (ANI): Ahead of leaving for the England tour, the Indian Cricket Team head coach Gautam Gambhir on Thursday expressed his condolences to families who lost their members in the stampede near the Chinnaswamy Stadium in Bengaluru, and said that he 'was never a believer in roadshows.' The incident occurred when thousands of fans gathered to catch a glimpse of their favourite players ahead of Royal Challengers Bengaluru's (RCB) IPL victory celebrations on Wednesday. 'I was never a believer in roadshows. I had the same statement to make even after winning in 20 ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advanced Systems Ltd (TASL) for manufacturing key sections of the Rafale fighter jet, including the lateral ...Read More >
Bengaluru News: The Namma Metro on June 4 recorded its highest-ever daily ridership, with 9.6 lakh passengers using the service. The traffic was attracted largely due to the huge crowd that turned up for Royal Challengers Bangalore's (RCB) victory celebrations at Vidhana Soudha and Chinnaswamy Stadium. Due to the unprecedented crowd, a stampede-like situation outside the stadium, claiming 11 lives. ...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 >
Bengaluru (Karnataka) [India], June 5 (ANI): A day after the tragic stampede during the IPL victory celebration event of the Royal Challengers Bengaluru (RCB) in Bengaluru that left 11 dead and dozens injured, Karnataka Chief Minister Siddaramaiah on Thursday said that a one-member commission has been formed to probe the incident. CM Siddaramaiah also announced that the state government has decided to suspend top police department officials, including the Commissioner of Bengaluru City Police. Speaking to the media, the Karnataka CM stated, 'Under the chairmanship of Justice Michael D'Cunha, ...Read More >
Mumbai: Authorities in Bengaluru should not have allowed mass celebrations if they were not fully prepared, India head coach Gautam Gambhir said on Thursday, a day 11 lives were lost in a stampede during IPL champions Royal Challengers Bengaluru's home coming celebrations. "I was never a believer that we need to have roadshows. When I was playing, I had the same statement to make, even after winning 2007 (T20 World Cup), that we should not have road shows," Gambhir said in Mumbai during India's tour of England predeparture media conference. "I think lives of the people are far more important. ...Read More >
Hours after Atul Subash's wife Nikita Singhania, her mother Nisha and brother Anurag were arrested for allegedly abetting the suicide, the Bengaluru techie's father, Pawan Kumar Modi has questioned where Atul's four-year-old son is and said the family was worried about him. Modi thanked the police for arresting the woman and her family members. However, he said, "We don't know where she has kept our grandson. Has he been killed or is he alive? We don't know anything about him. I want my grandson ...Read More >
Bengaluru: A day after 11 people died and several injured in a stampede at the M Chinnaswamy Stadium, an FIR has been filed against the managements of Karnataka State Cricket Association (KSCA), Royal Challengers Bengaluru (RCB) and a private event management company - DNA Entertaiment Private Limited - at the jurisdictional Cubbon Park Police Station here. According to the Karnataka Police, an FIR has been filed under Sections 115 (voluntarily causing hurt), 118 (causing grievous hurt by dangerous weapons or means) and 105 (culpable homicide not amounting to murder) of Bharatiya Nyaya Samhit ...Read More >
Thursday, 5 June 2025 () A tragic stampede unfolded outside the M. Chinnaswamy Stadium as the fans had gathered to cheer on for Royal Challengers Bengaluru for winning their first IPL trophy in 18 years. 11 people lost their lives in this incident, while several others were injured. A day after the Bengaluru stampede, RCB has announced financial support of Rs. 10 Lakh to each of the families of the deceased. ...Read More >
Bengaluru Stampede: Following the tragic stampede outside Chinnaswamy Stadium that claimed 11 lives and injured 47 others, Karnataka IPS officer Seemanth Kumar Singh has been appointed as the new Bengaluru Police Commissioner. The appointment came just hours after Chief Minister Siddaramaiah ordered the suspension of Commissioner B Dayananda and several other senior police officials. Singh, a 1996-batch IPS officer, was serving as Additional Director General of Police (ADGP) of the Bengaluru Metropolitan Task Force. He will now assume the role of ADGP and Commissioner of Police, Bengaluru Cit ...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 >
Bardhan suffered severe head injuries and died in the hospital.Source : X@siddaramaiah An IPS officer died in a road accident while he was on his way to take up his first posting in Karnataka's Hassan district, police said on Monday. The 26-year-old, Harsh Bardhan, was a 2023-batch IPS officer of the Karnataka cadre and hailed from Madhya Pradesh. He was going to Hassan to report for duty as a probationary Assistant Superintendent of Police in Holenarasipur on Sunday when the tyre of the police vehicle he was travelling in allegedly burst. The driver lost control and the vehicle hit a house ...Read More >
The IPS officer was on his way to his first posting in Karnataka's Hassan when he died in an accident, the police said. In a tragic turn of events, a 26-year-old IPS officer died in a road accident in Karnataka's Hassan district while he was on his way to take up his first posting, the police said on Monday. The officer was identified as Harsh Bardhan, hailing from Madhya Pradesh, and a 2023-batch IPS officer of the Karnataka cadre. The accident took place on Sunday evening as the vehicle he was travelling in suffered a tyre burst near Kittane in Hassan taluk. The driver lost control of the ...Read More >
Bengaluru [India], : For Josh Hazlewood and Bhuvneshwar Kumar who will be returning to the Royal Challengers Bengaluru squad for the second time after being picked in the Indian Premier League 2025 auction, feels, it is more than just a professional opportunity it is a heartfelt homecoming and a very special one. Interestingly, both the players have worn the RCB jersey before but never shouldered the bowling responsibilities at the 'Chinnaswamy' in any of the past seasons of IPL. Both are eager ...Read More >
Bengaluru Stampede: RCB lifted the IPL 2025 trophy on 4th June, a historic win in 18 years since the inception of the game format. The celebration that followed was indeed magnificent, but was dulled by the death of 11 people in the stampede. Many are trying to pinpoint the causes of the crowd mismanagement but the time line suggests it was the mere excitement of the fans and confusions and misinformation about the victory celebration that broke into a chaos. The Bengaluru traffic police announced that there will be a victory parade and the celebrations will be restricted to the stadium only ...Read More >
Bengaluru stampede: Coming down heavily on lax policing in the aftermath of the stampede that took place during the Royal Challengers Bengaluru (RCB) victory parade, Karnataka CM Siddaramaiah on Thursday suspended senior Bengaluru police officers including city Police Commissioner 'with immediate effect'. Informing of the steps taken after 11 people were killed in the stampede on Wednesday, the chief minister said, "Cubbon Park Police Station Police Inspector, Station House Master, Station House Officer, ACP, Central Division DCP, Cricket Stadium in-charge, Additional Commissioner of Police, ...Read More >
Following a stampede at an IPL victory celebration in Bengaluru that resulted in 11 fatalities, Karnataka Chief Minister Siddaramaiah has suspended several top police officials for negligence. A judicial inquiry, led by Justice John Michael D'Cunha, will investigate the incident, along with a CID probe into RCB, KSCA, and DNA Entertainment Networks.Karnataka Chief Minister Siddaramaiah on Thursday announced the suspension of Bengaluru City Police Commissioner B Dayanand, Additional Commissioner ( ...Read More >
Karnataka Deputy Chief Minister D K Shivakumar expressed grief over the stampede near Chinnaswamy Stadium, lamenting the loss of lives and the damage to Bengaluru's reputation. He dismissed opposition allegations and accusations of playing politics, emphasizing the government's responsibility.Karnataka Deputy Chief Minister D K Shivakumar on Thursday turned emotional over the loss of lives due to the stampede near the Chinnaswamy Stadium and said that Bengaluru has lost its image due to the incid ...Read More >
Bengaluru, Dec 6 (SocialNews.XYZ) Josh Hazlewood and Bhuvneshwar Kumar, who will be returning to the Royal Challengers Bengaluru (RCB) squad for the second time after being picked in the IPL 2025 auction, feel it's more than just a professional opportunity but a heartfelt homecoming. Interestingly, both the players have worn the RCB jersey before but never shouldered the bowling responsibilities at the 'Chinnaswamy' in any of the past seasons of IPL. Both are eager to change this piece of history and aim to create new memories in Bangaluru's beloved cricket fortress. Bhuvneshwar, who began h ...Read More >
Census 2027: India's largest data exercise returns with digital tools and caste focus | Illustration: Binay Sinha After a nearly six-year delay, India's decennial census is finally back on the agenda. It would be conducted in two phases along with the enumeration of castes. India's population census is expected to be released on March 1, 2027. Here is everything known so far. What is the census and why it matters India's census is the largest population count in the world, conducted every 10 years by the Office of the Registrar General and Census Commissioner, under the Ministry of Home Aff ...Read More >
Bengaluru (Karnataka) [India], June 5 (ANI): The Karnataka High Court on Thursday issued a notice to the state government over the stampede incident near the Chinnaswamy Stadium that claimed the lives of 11 people and left several injured. The High Court took suo motu cognisance of the incident and asked for a further status report. 'News items have been published in various newspapers, narrating the tragedy that happened when 11 persons died and 75 were injured during the course of the victory celebration of RCB. This court is taking cognisance of the incident,' the High Court said. 'Senio ...Read More >
Bengaluru: In joint statement, both Royal Challengers Bengaluru (RCB) and Karnataka State Cricket Association (KSCA) have announced Rs. 5 lakh ex-gratia for each family members of 11 persons, who were killed in the stampede that occurred in front of M. Chinnaswamy Stadium, yesterday. "RCB - KSCA expresses deep concern and heartfelt condolences regarding the unfortunate incident that occurred during the celebration organised by Royal Challengers Bangalore (RCB) at M Chinnaswamy Stadium earlier today," the joint statement stated. "We are profoundly saddened by the tragic loss of lives and the ...Read More >
Bengaluru Stampede during RCB's celebrations: The legendary Kapil Dev on Thursday expressed anguish at the death of 11 fans during Royal Challengers Bengaluru's IPL victory celebrations here, saying "lives are more important than celebration" and advised everyone to take proper precautions in future. Nearly two and a half lakh people thronged the areas near the M Chinnaswamy Stadium on Wednesday to catch a glimpse of their idols, but the ensuing chaos caused the death of 11 people, besides leaving scores of others injured. "I feel very bad about that. I think we have to learn from each other. ...Read More >
Subathu (Himachal Pradesh) [India], June 5 (ANI): A strength of 158 Agniveers passed out in an impressive Passing Out Parade at the historical Salaria Stadium of 14 Gorkha Training Centre in Subathu, an official release said on Thursday. The recruits, who swore allegiance to the Indian Republic, underwent rigorous training for over 31 weeks in various aspects of physical fitness, battle and field craft, weapons, and tactics. Also Read | Delhi: High-Level US Team Arrives for Talks on Bilateral Trade Pact With India. As per the release, the Agniveers would now be joining the Gorkha Battalions ...Read More >
Bhubaneswar (Odisha) [India], June 5 (ANI): Biju Janata Dal (BJD) MP Muzibulla Khan on Thursday demanded an inquiry into the Bengaluru stampede that claimed 11 lives. Muzibulla Khan said, 'The incident in Bangalore is very tragic. I wish to express my condolences to the family members. In such public events, a lot of precautions should be taken. I wish to demand an inquiry into the reason for lapses and what led to the stampede, and whoever is guilty should be punished.' He further said, 'A lesson should be learnt from this incident that there should be some guidelines to control the crowd.' ...Read More >
Bengaluru: Members of the Karnataka State Cricket Association (KSCA) Thursday demanded accountability from the association's management in the aftermath of the stampede outside M Chinnaswamy Stadium here that resulted in 11 deaths on Wednesday.Some members, miffed at the KSCA's over-zealousness in felicitating the RCB team upon their IPL win, raised questions about the management's lack of enthusiasm in greeting Karnataka state teams when they won BCCI tournaments in the past, barely acknowledging their achievements.A case in point is the state senior team that had won the Vijay Hazare Trophy ...Read More >
Karnataka State Cricket Association (KSCA) President Raghu Ram Bhat and a few other office bearers moved the Karnataka High Court on Friday seeking to quash the FIR filed against them in the Chinnaswamy stadium stampede case. Police on Thursday registered an FIR against RCB, event management firm DNA entertainment private limited, and Karnataka State Cricket Association (KSCA). Karnataka Chief Minister Siddarmaiah too on Thursday had instructed the state DGP and IGP to immediately arrest the re ...Read More >
New Delhi: The BJP on Thursday demanded the resignation of Karnataka Chief Minister Siddaramaiah and his deputy DK Shivakumar, alleging that the "mutual fight and rift" between the two led to the state "government-manufactured stampede". Eleven people died and 33 were injured in the stampede near the Chinnaswamy Stadium in Bengaluru as thousands of fans gathered to catch a glimpse of the RCB team after its first-ever IPL win. BJP MP and national spokesperson Sambit Patra alleged that the "mutual fight and rift" between Siddaramaiah and Shivakumar led to the state "government-manufactured sta ...Read More >