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.
New Delhi: An Indian-origin man has been arrested in the United States for allegedly attacking a fellow passenger during a domestic flight. The incident occurred on June 30 aboard a Frontier Airlines flight traveling from Philadelphia to Miami and was caught on video that has since gone viral. The video clip shows 21-year-old Ishaan Sharma, a Newark resident, in a physical altercation with another passenger, Keanu Evans, with both men appearing to grab each other by the neck as stunned passengers urge them to stop. Citing Evans, NDTV reported that the attack was completely unprovoked. He told local station 7News that Sharma had approached him and grabbed him by the throat while returning to his seat. "He was doing some, like, dark laugh like, 'Ha ha ha ha ha.' And he was saying things like, 'You puny, mortal man, if you challenge me, it will result in your death," Evans recalled. Evans, who was seated just one row ahead of Sharma, said he alerted flight attendants after feeling increasingly uncomfortable with Sharma's behavior. They advised him to press the assistance button if the situation escalated. "I pushed the button when he kept threatening me with death," Evans said. He then described the moment the altercation turned physical. "He's looking at me very angrily, and we're looking eye to eye, forehead to forehead, and then he just grabs me by the throat and just starts choking me. At that moment, it was, you know, fight or flight responses that kicked in. I'm in a tight, confined space on an aircraft, and all I can do is just defend myself," he told 7News, NDTV reported. Upon landing in Miami, Sharma was taken into custody and has since been charged with battery, according to authorities. During a court hearing on Tuesday, Sharma's lawyer offered a different version of events, claiming that the altercation began as a misunderstanding over religious practice. "My client is from a religion where he was meditating. Unfortunately, the passenger behind him did not like that," the attorney reportedly said. The investigation is ongoing, and no further statements have been released by Frontier Airlines as of now.
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: The Delhi High Court on Wednesday reserved its order on the bail petitions of activists Sharjeel Imam, Umar Khalid and other accused in the controversy behind the Delhi riots in February 2020. A bench headed by Justice Naveen Chawla reserved the verdict after hearing the arguments on bail pleas of both sides. Solicitor General Tushar Mehta, representing Delhi Police, said that if the accused do anything against the country, then the best place for them is jail. Mehta said the riots in Delhi were pre-planned and the manner in which those were planned does not give anyone the right ...Read More >
New Delhi [India], July 17 (ANI): The Ministry of External Affairs made comprehensive remarks on the Nimisha Priya case during the weekly press briefing here on Thursday. The 37-year-old nurse from Kerala was set to be executed on July 16 after a trial court in Yemen convicted her of killing a Yemeni national, a decision that the country Supreme Judicial Council upheld in November 2023. Speaking to reporters on the case, MEA Spokesperson Randhir Jaiswal highlighted the various steps which the Government of India has taken to provide support to the family. This includes legal assistance, regu ...Read More >
Bengaluru: Days after Russian woman Nina Kutina was taken into custody for living in a cave inside the forest near Gokarna with her two daughters, her ex-husband, an Israeli citizen, is demanding shared custody of their daughters."I just want to be able to see my daughters a few times a week and take care of them. My concern is that if they go to Russia now, it will be tougher to keep in touch with them. I wish they could stay in India," Goldstein said on Wednesday.Dror Goldstein, 38, who lives f ...Read More >
PATNA: Congress leader Rahul Gandhi is all set to embark on 'Vote Adhikar Yatra' from Bihar's Rohtas district on August 17 to register a protest against how the ongoing special intensive revision (SIR) of the electoral rolls was being conducted in the state. This comes at a time when the Opposition is ratcheting up its protest against the SIR and casting aspersions on the integrity of elections. AICC general secretary (organisation) and MP KC Venugopal held a meeting with the INDIA bloc leaders at Sasaram in Rohtas district on Wednesday and reviewed preparations for Rahul Gandhi's visit to Bi ...Read More >
Zubeen Garg Guwahati: Even as Singapore Police is conducting its own investigation into the death of Zubeen Garg, who drowned while swimming in the sea on Sept 19, the Assam Police SIT remains in a limbo -- still waiting for a formal response from the country to its request through the MHA, seeking crucial evidence under the Mutual Legal Assistance Treaty (MLAT).On Sept 30, India invoked the MLAT with Singapore -- a bilateral agreement that enables cross-border evidence sharing -- seeking CCTV fo ...Read More >
Itanagar, Jun 7 (PTI) The flood situation in Arunachal Pradesh improved on Saturday with water levels of most rivers receding, even as 33,000 people in 24 districts remained affected, officials said. Twelve people lost their lives and one person went missing in rain-related incidents, including landslides, after the monsoon set in, they said. In its daily report, the State Emergency Operation Centre (SEOC) said 33,200 people in 215 villages remained affected due to floods and landslides in the state. The water levels of most major rivers and their tributaries were showing a receding trend o ...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 >
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 years, basic accounts/PM Jan Dhan Yojana accounts, or those opened before July 31, 2025.Meanwhile, HD ...Read More >
Bollywood actress Shilpa Shetty has issued a strong rebuttal through her legal team after reports surfaced alleging that she received Rs 15 crore from her husband, businessman Raj Kundra, nearly a decade ago in connection with a financial transaction under investigation by the Economic Offences Wing (EOW), Mumbai. She issued a statement via her lawyer and has categorically denied the reports, calling them 'totally fake and mischievous.' She also accused certain media outlets of deliberately doin ...Read More >
BENGALURU -- Police in India are trying to piece together the story of a Russian woman who was found living in a cave in the southern state of Karnataka with her two young daughters. Nina Kutina was rescued on 9 July by policemen who were on a routine patrol near Ramteertha hills in the Gokarna forest, which borders the tourist paradise of Goa. Authorities say the 40-year-old and her daughters - six and five years old - do not have valid documents to stay in India. They have been lodged in a detention centre for foreigners near Bengaluru, the state capital, and will be deported soon. Kutina ...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 >
Bangalore Gold Rate Today: Shattering all hopes of retail jewellery buyers of some relief amid the ongoing Navratri festival, gold rates in Bangalore, and other Indian cities broke another record on Monday, September 29. The price of gold in Bangalore, aka Bengaluru, witnessed a sharp surge bringing 24 karat gold Rs 16,000 above the historic Rs 1 lakh mark. The gold price rally in Karnataka capital mirrored the surge in gold rate in India and across the world. The sharp rally in precious metal is on its path to beat the record-rally of 1979. Multiple factors like US Fed rate cut, trade becau ...Read More >
Delhi: A shocking video from southeast Delhi's Ali Gaon has gone viral on social media, showing an elderly man being brutally assaulted in broad daylight. The incident has sparked outrage and renewed questions about the deteriorating law and order situation in the national capital. According to reports, the assault took place on October 24 when the victim, identified as Raghuraj, was on his way from home to his office in his car. Suddenly, Mohit and his associates stopped him, smashed his car's windshield, dragged him out of the vehicle and began beating him mercilessly. Disturbing Video Sho ...Read More >
Emraan Hashmi on Ba***ds Of Bollywood. (Photo: Instagram) Emraan Hashmi has broken his silence on the viral response to a memorable dialogue and scene inspired by his film career in the recently released OTT series The Ba***ds of Bollywood. The Aryan Khan directorial Ba***ds of Bollywood has been creating quite a buzz in the entertainment industry for its portrayal of the Hindi film world. What's Happening * In one of the viral scenes, actor Raghav Juyal, who plays a die-hard fan of Hashmi, i ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
CJI Gavai NEW DELHI: Days after an advocate hurled a shoe at Chief Justice of India BR Gavai, Punjab Police on Wednesday registered several FIRs over objectionable social media post targeting Gavai.According to Punjab Police, the FIRs were registered after several complaints were received in various districts of the state against more than 100 social media handles.A Punjab Police spokesperson said social media content relating to attacks on high constitutional authority, caste-based vilification and incitement, public mischief with a direct attempt to disturb peace and public order by unjustly ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
Among the other recoveries were three fake photos showing Chaitanyananda with world leaders. ShowQuick Read Summary is AI-generated, newsroom-reviewed * The objects were recovered from self-styled godman Swami Chaitanyananda Saraswati's ashram in Delhi * Among the other recoveries were three fake photos showing Chaitanyananda with world leaders * Chaitanyananda has been accused of sexually harassing at least 17 women Did our AI summary help? Let us know. Switch To Beeps Mode The saga of ...Read More >
Kolkata (West Bengal) [India], June 6 (ANI): Law student Sharmistha Panoli, arrested for allegedly hurting religious sentiments through a social media post, has been granted interim bail by the Calcutta High Court on Thursday. The court directed her to cooperate with the investigation, not leave the country, and furnished bail on a personal bond of Rs 10,000. The court also ordered appropriate police protection for her. Also Read | Goa: Man Held for Trying to Trade Sensitive Data Online Using Cryptocurrency Transactions. Her father, Prithviraj Panoli, expressed relief, citing her health iss ...Read More >
Ludhiana: Punjab government's new law against sacrilege proposes a minimum jail term of 10 years and the bill will be tabled in the special session of the Assembly on July 10-11. Assembly Speaker Kultar Sandhwan said sacrilege of any religion is unacceptable. "Guru Granth Sahib is of great dignity for us and a strict anti-sacrilege law should be introduced," he said. However, this is not the first anti-sacrilege bill that is being introduced in Punjab. A bill against sacrilege was first introduced in 2016 during the tenure of BJP-Shiromani Akali Dal government in the wake of rising sacrilege ...Read More >
Bengaluru, July 12: In a startling discovery, a Russian woman who overstayed her Indian visa by over seven years was found living with her two young daughters in a remote, landslide-prone cave atop Ramatirtha Hill in Karnataka's Gokarna. The woman, 40-year-old Nina Kutina, told police she had come from Goa seeking spiritual solitude and had chosen the forest cave to meditate and live away from urban distractions. According to the NDTV report, the discovery was made on July 9 around 5:00 PM during a routine patrol by Inspector Sridhar SR and his team, who spotted movement near a hazardous area ...Read More >
Kolkata (West Bengal) [India], June 6 (ANI): Following the interim bail granted to Law student Sharmistha Panoli by Calcutta High Court, her lawyer Kanchan Jaju said that the court has granted her protection after she received threats on social media. Advocate Kanchan Jaju said that the bail procedure is in process, and after the signature of the Chief Judicial Magistrate (CJM), it would be sent to jail, and she would be released at 5 pm. Also Read | Haryana Man Rapes Multiple Minors, Films Acts and Sells Sex Abuse Videos To Porn Websites: CBI Shares Disturbing Details. "The court has grant ...Read More >
The court also heard the suo motu contempt plea against a senior advocate, seen drinking from a beer mug during court proceeding, and asked if "lack of intent could erase a contemptuous act" The Gujarat High Court on Monday directed a man, who was captured on camera attending a virtual court proceeding while "seated on a toilet seat" last month, to pay a fine of Rs 1 lakh in the contempt proceeding initiated against him. The Division Bench of Justice AS Supehia and Justice RT Vachhani, while di ...Read More >
A young woman named Oleti Pushpa (22) was killed by her live-in partner Sheikh Shamma (22) in the Ambedkar Konaseema region of Andhra Pradesh, reported India Today. She was living with Sheikh for the past 6 months after she separated from her spouse. The incident took place in Siddhartha Nagar, B Savaram village of Rajolu mandal on 16th July. Shamma reportedly accused Pushpa of having affairs with other men. He forced her to engage in prostitution and frequently instigated fights with her when intoxicated. As per police, Shamma was addicted to ganja. On the fateful night, he against pressuri ...Read More >
Jhargram, Jul 18 (PTI) Three elephants, including two calves, were run over by an express train near Banstala railway station in West Bengal's Paschim Midnapore district, police said on Friday. The incident, which took place on Thursday night, occurred when an elephant herd that probably came from Jharkhand's Dalma forest was traversing, they said. The three pachyderms were mowed on the tracks by a speeding Janshatabdi Express on the Kharagpur-Tatanagar section, a police officer said. It was difficult to go near the carcasses for some time, as the herd of 30 elephants was passing through th ...Read More >
Thiruvananthapuram: Union Minister Suresh Gopi stirred controversy on Tuesday by claiming that those elected by "corpses" are now serving the state. Speaking at a neighbourhood meet called "Kalungu" in Idukki district, he alleged that cadavers from 25 years ago had cast votes in Kerala elections. Media reports have previously highlighted incidents of deceased voters being listed as active in Kerala's voter list, he said, while indirectly referring to the accusations of "scientific rigging " against the Left parties. The minister was responding to allegations of voter fraud in Thrissur consti ...Read More >
New Delhi: The Airports Economic Regulatory Authority (AERA) of India has ordered a 25 per cent cut in landing and parking charges at major airports across the country to airlines to help them tide over the financial crisis arising out of the West Asia crisis. This move came after the government asked for temporary support to airlines hit by rising costs linked to the Iran conflict. IndiGo and Air India has raised the issue of reduced charges, Reuters reported. The reduced charges will only be for domestic flights though and last for three months. Indian carriers are suffering as they are u ...Read More >
Monojit Mishra, the main suspect in the Kolkata law college gang rape case, has a history of sexual harassment and violent crimes. Despite multiple FIRs and complaints against him across several police stations, he often evaded legal consequences, allegedly due to his political connections within the Trinamool Congress Chhatra Parishad.The prime accused in the Kolkata law college gang rape case, Monojit Mishra, is a history-sheeter having a slew of pending cases of sexual harassment and violent c ...Read More >
NEW DELHI: The US embassy in India has warned that "committing assault, theft, or burglary in the United States won't just cause you legal issues -- it could lead to your visa being revoked and make you ineligible for future US visas". The warning was issued days after a video of an Indian woman who tried to leave a store with a cart full of items without paying went viral. This also prompted the embassy to say, "The US values law and order and expects foreign visitors to follow all US laws."Responding to queries on the issue, the ministry of external affairs said that "whether a person is liv ...Read More >