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.
Srinagar, July 4: A 21-year-old Indian-origin man, Ishaan Sharma from Newark, has been arrested in the United States for allegedly choking a fellow passenger during a Frontier Airlines flight from Philadelphia to Miami. The incident occurred mid-air on June 30, with Sharma being taken into custody immediately after the flight landed. Footage of the altercation has surfaced online, showing Sharma in a physical confrontation with another passenger, identified as Keanu Evans. In court, Sharma's lawyer offered a different version of the events, suggesting that the confrontation may have stemmed from a misunderstanding. "My client is from a religion where he was meditating. Unfortunately, the passenger behind him did not like that," the attorney said, as quoted by a local news outlet. As per reports Evans said the attack was entirely unprovoked. "He grabbed me by the throat while I was walking back to my seat," Evans claimed. "He was laughing strangely and saying things like, 'You puny, mortal man... if you challenge me, it will result in your death.'
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 >
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 >
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 >
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 >
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 >
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 >
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, Sep 16 (PTI) The Supreme Court on Tuesday sought the stand of several states on pleas seeking a stay on their respective anti-conversion laws. While issuing notices to the states, a bench of Chief Justice B R Gavai and Justice K Vinod Chandran made it clear that it will consider the prayer for staying the operation of such laws once the replies were in. The bench then granted four weeks to the states for their responses and allowed the petitioners to file rejoinders two weeks thereafter. The matter was posted after six weeks. The bench, in the meantime, permitted senior advocate ...Read More >
HYDERABAD - As Eid al-Azha festivities approach, Dr. Akram Bajo, Head of Gastroenterology at Civil Hospital Hyderabad, has issued a health advisory urging citizens to consume meat in moderation. The doctor warned that excessive meat consumption can lead to digestive issues, diarrhea, and other health problems, particularly during the hot weather. Dr. Bajo recommended consuming sacrificial meat within three days and storing offal in cold storage for 24-48 hours to prevent infection. He also advised individuals with specific health conditions to avoid certain types of meat and to prioritize bala ...Read More >
New Delhi: 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's 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, regular consular visits b ...Read More >
Pune: The ongoing pre-non-interlocking and non-interlocking works to develop the Hadapsar railway station would affect trains' movement in the Daund-Pune section this week from Thursday till Sunday. A total of 17 trains, including DEMUs from Pune to Daund and Baramati to Pune, Pune-Harangul Express (01487), Harangul-Pune Express (01488), Solapur-Pune Intercity Superfast Express (12169) and Pune-Solapur Intercity Express (12170), would remain cancelled on Sunday (July 20), a railway official said. Jodhpur-Hadapsar Superfast Express (20495) would be short-terminated at the Pune railway station f ...Read More >
Vijayawada: Andhra Pradesh's net GST collections have crossed Rs 2,930 crore for July with gross collections of Rs 3,803 crore -- the highest ever in July since the GST system was rolled out in 2017. In the last four months from April, AP recorded the highest-ever gross and net GST collections compared with the same months the previous financial years. Chief commissioner of state tax, A Babu, said in a statement here on Friday that the net GST collections increased by 12.2 per cent in July this year, compared to the same month the previous year. The gross GST collections also recorded the he ...Read More >
NEW DELHI: In a debate over faith and belief vs fundamental rights emerging from the striking down of the customary ban on the entry of menstruating women into Lord Ayyappa Temple at Sabarimala, Justice B V Nagarathna on Tuesday criticised the past social practice of treating women as 'untouchables' for three days every month.Part of the CJI Surya Kant-headed nine-judge constitution bench that commenced what promises to be an intense yet interesting elucidation of contesting constitutional and legal principles on equality, religion, religious practices, faith and belief, Justice Nagarathna sai ...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. Her father, Prithviraj Panoli, expressed relief, citing her health issues, including kidney problems and Attention-deficit/hyperactivity disorder (ADHD). Prithviraj Panoli s ...Read More >
Kolkata: The political slugfest following the alleged gang rape of a law student inside a south Kolkata college continued on Saturday as Trinamool took pains to distance itself from the "misogynistic remarks" of its own netas, emphasising the "quick action taken against the accused". The opposition, however, questioned security for women at workplaces and educational institutes and "promised to stay on the roads"."The remarks by MP Kalyan Banerjee and MLA Madan Mitra concerning the heinous crime were made in their personal capacities. The party unequivocally disassociates itself from their sta ...Read More >
From Lucknow To Stars: 5 Lesser-Known Facts About Shubhanshu Shukla - 1st Indian On International Space Station Nearly a year after the horrific RG Kar Medical College and Hospital rape and murder case that jolted Kolkata, another gang rape of a student at a law college in South Kolkata has once again raised concern over safety of women in the City of Joy. The father of the RG Kar Medical College and Hospital rape and murder victim spoke out against the alleged gangrape case in Kolkata's law college, expressing his frustration and disappointment with the recurring incidents of violence. He a ...Read More >
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 tol ...Read More >
New Delhi [India], July 17 (ANI): The Ministry of External Affairs (MEA) is actively working to support Nimisha Priya, an Indian nurse on death row in Yemen. In a weekly media briefing on Thursday, MEA spokesperson Randhir Jaiswal described the matter as sensitive and said India is extending all possible assistance in the case. The MEA has appointed a lawyer to assist Priya family in navigating the complex legal process in Yemen. This includes exploring options for clemency or pardon under Sharia law. The Indian government has arranged for regular consular visits to ensure Priya well-being ...Read More >
Jaipur, Aug 28 (PTI) The Rajasthan High Court on Thursday cancelled the contentious police sub-inspector recruitment exam-2021 owing to paper leak. Justice Sameer Jain in a detailed judgment cancelled the exam 2021 which was the bone of contention for both BJP and Congress governments in the state. "Illegality and fraud on the system was so conspicuous. It is strange that the state government did not take action any decision on the subject. The court's decision hopefully will act as a deterrent for the gangs playing with the future of youths," said senior advocate Major R P Singh who represe ...Read More >
New Delhi [India], July 17: The world of marketing is undergoing a seismic shift, and it powered by artificial intelligence. As AI-enabled marketing tools become more intelligent and widely adopted, the very structure of marketing teams is beginning to change. Routine tasks that once required human input are now being executed faster, more accurately, and at scale by smart systems. According to Nipun Taneja, a performance marketing veteran with over $100 million in managed ad spend, the future of marketing isnt about replacing people but evolving how we work. With tools like Vibelets - a modu ...Read More >
New Delhi [India], August 14 (ANI): As India observes the Partition Horrors Remembrance Day, Union Minister of Commerce and Industry Piyush Goyal and External Affairs Minister on Thursday paid tribute to the people who sacrificed their lives during the Partition of India. Sharing an X post, Goyal said that on August 14, 1947, during the Partition of India, people endured the pain of violence, displacement and loss of loved ones. Also Read | Independence Day 2025: President Droupadi Murmu To Address Nation Today on Eve of 79th I-Day. "On this day in the year 1947, people had to endure the pa ...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. Her father, Prithviraj Panoli, expressed relief, citing her health issues, including kidney problems and Attention-deficit/hyperactivity disorder (ADHD). Prithviraj Panoli s ...Read More >
Mumbai (Maharashtra) [India], August 2 (ANI): Shiv Sena (UBT) MP Arvind Sawant on Friday hit out at retired Maharashtra Anti-Terrorism Squad (ATS) officer Mehboob Mujawar over his recent claims regarding Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat, questioning why he had remained silent for several years. His remarks came after Mujawar alleged that he was instructed to arrest the RSS chief amid the controversy surrounding the acquittal of all accused in the 2008 Malegaon blast case. While speaking to ANI, Arvind Sawant said, ...Did someone keep him tongue-tied? Did he become a BJP ...Read More >
Hyderabad: The Greater Hyderabad Municipal Corporation's (GHMC) order to shut beef shops and slaughterhouses on the Independence Day (August 15) and Krishna Janmashtami (August 16) evoked mixed response from people in the city. While some felt that the beef shops should be closed on Krishna Janmashtami considering religious sentiments, they said the shops could be allowed to function on August 15. While there are no restrictions on chicken, fish, etc., beef shops were ordered to be closed. So many people also wanted the government to specify why such orders were issued -- due to law and orde ...Read More >
New Delhi [India], August 14 (ANI): The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings. The report highlighted that while both credit offtake and deposit growth have increased sequentially, they remain significantly lower than the levels seen last year. Deposits continued to outpace credit offtake in the current fortnight, leading to a narrowing of the credit-deposit gap. It stated Credit to Deposit Ratio Remains Below 80 per cent as Credit Offtake Lags. The report data pointed ...Read More >
Chennai, August 1: Actor, music director and producer G V Prakash Kumar, who has won the National Award for Best Music Direction (Songs) for the Tamil, Telugu bilingual film Vaathi, has called the honour "a blessing for the second time". Taking to his X timeline soon after the 71st National Awards were announced, G V Prakash expressed his gratitude to the jury and the selection committee of the National Awards and the entire team of Vaathi. G V Prakash wrote, "A blessing for the second time. I'm truly overwhelmed and deeply grateful to receive the 71st National Film Award for Best Music Direc ...Read More >