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.
CHENNAI: Saying that a historical amount of downpour hit many districts in north Tamil Nadu, PMK president Anbumani Ramadoss urged the state government to send additional rescue forces to the affected areas. In a statement, Anbumani said that during the 24 hours, Uthangarai in Krishnagiri district received 50cm of rainfall, which is the highest in the last 300 years. Moreover, Harur in the Dharmapuri district and Tirupalapanthal in Kallakurichi have received 33cm and 32cm of rain, respectively. Yercaud in Salem received 24cm of rainfall. "Vehicles parked in Krishnagiri district were washed away in the flood water. Vehicle movement on the Tirupattur-Tiruvannamalai Road is completely cut off. Flooding occurred in the Sarabanga river in Salem and the Thenpennai river from Krishnagiri to Cuddalore district. Several villages have been affected, and water entered houses," he pointed out. Acknowledging that the amount of rainfall is historical, Anbumani pointed out the reason for the flooding is failure in desilting water bodies and waterways. "No one knows where the funds allocated for desilting water bodies go. Moreover, the government has failed in providing relief to the affected people. The government has failed to rescue 7 persons trapped under a landslide in Tiruvannamalai even after 18 hours," he said. He also urged the government to intensify the rescue and relief works by sending additional rescue personnel.
VILLUPURAM: After weeks of tussle over party reins, PMK president Anbumani Ramadoss and his father S Ramadoss sat down for a talk at the Thailapuram farmhouse on Thursday, but a truce remained elusive.Anbumani, accompanied by his daughter Sanjutra, drove down to Ramadoss' residence. Ramadoss and Anbumani chose not to speak to the media about the 45-minute meeting. Though party functionaries said the meeting was a positive development, reconciliation might take a while as they could not reach an 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 >
VILLUPURAM: Tamil Nadu Congress Committee (TNCC) president K Selvaperunthagai met PMK founder S Ramadoss at his residence in Thailapuram near Tindivanam on Friday. The meeting of a leader of the DMK-led alliance amid the intense leadership tussle under way within the PMK between Ramadoss and his son Anbumani Ramadoss raised eyebrows, especially since Anbumani recently accused the ruling DMK of being behind the tussle. But Ramadoss had later refuted it. Selvaperunthagai, however, clarified to the media, that the meeting, which lasted roughly for about 30 minutes, was purely a courtesy call. " ...Read More >
Chennai, June 29 (UNI) Eight fishermen from Tamil Nadu were arrested by the Sri Lankan Navy while fishing in the high seas today, even as Chief Minister M K Stalin urged External Affairs Minister (EAM) Dr S Jaishankar to initiate proactive diplomatic steps to secure their release along with their boat. The eight fishermen, hailing from Rameswaram in Ramanathapuram district, were fishing in a mechanised boat near Katchatheevu, when they were arrested by the Sri Lankan Navy personnel. The Lankan Navy arrested them for fishing in their territorial waters after crossing the International Mariti ...Read More >
Chennai, June 29 (SocialNews.XYZ) Pattali Makkal Katchi (PMK) MLA R. Arul on Sunday alleged that there is a threat to the lives of several party functionaries, including him, for expressing support for party founder Dr. S. Ramadoss. Addressing the media here, Arul, who represents Salem West, responded to allegations made by former Union Minister and PMK leader Anbumani Ramadoss against his father and party founder. Anbumani Ramdoss had claimed that Dr. Ramadoss had been acting irrationally for the past five years and behaving like a child, giving party posts to individuals with criminal reco ...Read More >
Chennai/Sivaganga, Jul 1 (PTI) The opposition in Tamil Nadu on Tuesday mounted pressure on the ruling DMK over the custodial death of a temple security guard in the state's Sivaganga district, demanding a CBI probe into the matter, even as the state government initiated action against policemen, including putting the district police chief on "compulsory wait". Also, a DSP was placed under suspension. The matter also came up before the Madras High Court bench in Madurai, which appointed an Enquiry Officer to look into the issue and submit a report on July 8, while allowing a CB-CID probe into ...Read More >
CHENNAI: PMK president Anbumani Ramadoss urged the central government to postpone the delimitation of Lok Sabha constituencies across the country based on population by 25 years. In a statement, Anbumani said that the central government has announced that a caste based population census will be started from March 1, 2027. "PMK has been demanding the government to conduct the census before the end of 2025 to end controversies in delimitation and to safeguard social justice. The announcement has caused confusion, " he said. He added that the stand of PMK is to conduct a delimitation exercise b ...Read More >
Villupuram: Tamil Nadu Congress Committee president K Selvaperunthagai called on PMK founder S Ramadoss at his Thailapuram farmhouse in Villupuram district on Friday, setting off speculation about whether it was a political meeting to invite PMK to the DMK front.Selvaperunthagai said it was a 'courtesy call' to inquire about the health of Ramadoss, with whom he "has decades long association". "I came to inquire about Ramadoss' health. This was a courtesy meeting. Nothing was spoken about alliance ...Read More >
Chennai, Jun 29 (PTI) A 28-year-old security guard of a temple in Sivaganga district allegedly died when he was being questioned by police in connection with a theft case, and the main opposition AIADMK has demanded a comprehensive probe and legal action against those responsible for his death. AIADMK general secretary Edappadi K Palaniswami strongly condemned what he called "the doll chief minister" and alleged Stalin could not even administer the police department that is under his direct control. In order to facilitate a comprehensive investigation, to bring out the whole truth, a committ ...Read More >
Chennai: Chief minister M K Stalin has set a target of enrolling 2.5 crore members in DMK and has instructed party district secretaries to step up membership drive under 'Oraniyil Tamil Nadu' campaign.In a virtual meeting with DMK district secretaries on Thursday, Stalin said they only had 30 more days to achieve the target. He had earlier set a target of enrolling at least 30% voters in every polling booth. Now, after the positive response for the 'Oraniyil Tamil Nadu' campaign, Stalin has revis ...Read More >
CHENNAI: PMK founder S Ramadoss reiterated that he will remain as the president of the party till his last breath, brushing aside the olive branch extended by his son and party president Anbumani in public meetings. Speaking to media persons at his Thailapuram residence in Villupuram on Thursday, the senior leader brushed aside an apology tendered by Anbumani a few days ago. "Apology is not an issue. I started the party and have visited 96,000 villages to expand it. I will be president till my last breath. He (Anbumani) should function as working president," Ramadoss said, standing by his ori ...Read More >
Chennai, June 29 Pattali Makkal Katchi (PMK) MLA R. Arul on Sunday alleged that there is a threat ... Chennai, June 29 Pattali Makkal Katchi (PMK) MLA R. Arul on Sunday alleged that there is a threat to the lives of several party functionaries, including him, for expressing support for party founder Dr. S. Ramadoss. Addressing the media here, Arul, who represents Salem West, responded to allegations made by former Union Minister and PMK leader Anbumani Ramadoss against his father and party founder. Anbumani Ramdoss had claimed that Dr. Ramadoss had been acting irrationally for the past five ...Read More >
CHENNAI: Tamil Nadu Chief Minister MK Stalin responding to a query from PMK floor leader GK Mani in the Assembly on Tuesday, categorically denied meeting Adani Group Chairman Gautam Adani. Mani, during his speech during the zero hour, raised a query about media reports about a case registered in the US court against Adani, which included purported connections with the Tamil Nadu government, and sought the state government's explanation on the issue. Responding to him, Stalin clarified, "Neither I nor the present Tamil Nadu government has any connection in this matter. I have never met him, a ...Read More >
Heavy rains across Tamil Nadu have led to school closures in several districts, including Chennai, on Thursday. The India Meteorological Department (IMD) has issued a yellow alert, predicting moderate rains and light thunderstorms in parts of the state. Rainfall figures show significant precipitation in multiple areas. Meanwhile, Northern India braces for a cold wave beginning December 9, with the IMD forecasting plunging temperatures in Rajasthan, Punjab, Haryana, and Uttar Pradesh.Schools acros ...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 >
Guwahati (Assam) [India], June 8 (ANI): The Asom Gana Parishad (AGP) announced Birendra Prasad Baishya as its candidate for the upcoming Rajya Sabha elections from Assam. Baishya is currently serving as a member of the Rajya Sabha, with his tenure set to expire on June 14. Also Read | Indore Horror: Dog Carries Baby Girl's Body in Its Jaws at Madhya Pradesh Hospital, Mutilated Body of Newborn Recovered, Probe On. Earlier this week, the Election Commission of India (ECI) on Monday announced the schedule for conducting biennial elections in eight Rajya Sabha seats, six from Tamil Nadu and two ...Read More >
VIJAYAWADA: The State government on Friday accorded approvals to a slew of industries. Among those are Krishnapatnam Power Corporation Limited (KPCL), which is set to establish a 350 MW Solar and Battery Energy Storage System (BESS) in Thamminapatnam and Mommidi villages of SPSR Nellore district with a Rs 1,225 crore investment, creating 575 jobs. Furthermore, the government also waived off a Rs 54 crore extension of time fee, contingent on project completion within two years as per the Andhra Pradesh Integrated Clean Energy Policy-2024. The government also allocated 22.80 acres at MPSEZ in N ...Read More >
Digha: A day after Rath Yatra, the festive fervour continues in Digha as the seaside town is now gearing up to host Ulta Rath or the return journey of the deities from the 'Masir Bari' or the old Jagannath temple. On July 5 -- the Ulta Rath day -- hotels are hoping for fresh tourist influx. Though the deities are currently in Masir Bari, a large queue of devotees visited the newly-constructed Jagannath temple on Saturday. They offered prayers to the stone idol permanently installed there. It is the wooden idols of Jagannath, Balaram and Subhadra that have taken the chairot rides. Bipradash Cha ...Read More >
CHENNAI: PMK president Anbumani Ramadoss condemned the State government for the custodial death of a youth in Sivaganga district. In a statement, Anbumani alleged that the police beat up the youngster Ajith Kumar after taking him for an interrogation. "It is condemnable that Stalin's police department murdered a youth without any regard for human rights. Based on a complaint of theft, Thirupuvanam police took the youngster to the police station. Residents are demanding action against the police personnel," he added. Pointing out that the Supreme Court has established norms for the treatment ...Read More >
Chennai (Tamil Nadu) [India], August 14 (ANI): Chennai police on Wednesday night detained sanitation workers who had been protesting for 13 consecutive days outside the Greater Chennai Corporation Ripon Building, following a Madras High Court order to clear the protest site. Around 800 sanitation workers, opposing the civic body move to privatise waste management in two zones, were forcibly removed around midnight and taken away by buses within 45 minutes. For the 13th consecutive day, hundreds of sanitation workers employed under the National Urban Livelihoods Mission (NULM) protested in fr ...Read More >
Villupuram: Amid an ongoing public tussle within Pattali Makkal Katchi (PMK) in Tamil Nadu, PMK leader Anbumani Ramadoss met his father and PMK founder Dr S Ramadoss for nearly an hour on Thursday morning at his residence in Thailapuram near Tindivanam in Villupuram. Immediately after Anbumani left the house, the editor of the political weekly magazine Thuglak and auditor S Gurumurthy, and former Chennai Corporation mayor Saidai S Duraisamy reached Ramadoss' house and held discussions with the PMK founder for nearly three hours. Anbumani Ramadoss, who was accompanied by daughter Sangamithra, ...Read More >
CHENNAI: Leaders of political parties on Sunday strongly condemned the alleged custodial death of Ajithkumar, a security guard of Madappuram temple in Sivaganga district and demanded action against the police personnel responsible for the death. AIADMK general secretary Edappadi K Palaniswami sought a judicial inquiry by the district judge into the death, and said those responsible for this should be brought to book. He also demanded that the state provide compensation to the family of the deceased. BJP state president Nainar Nagenthran said Ajithkumar's relatives have said that he died due ...Read More >
Chennai, Jul 12 (PTI) PMK founder Dr S Ramadoss on Saturday claimed that his social media accounts have been hacked and sought help from the police to restore them. He has petitioned the police, alleging that his official accounts on X (formerly Twitter) and Facebook were hacked, and passwords were changed, a party source said. The compromising of his social media accounts is his latest accusation since the souring of ties with his son Dr Anbumani, over the leadership of the Vanniyar-dominated Pattali Makkal Katchi, which he founded and led over the years. The relations between the father a ...Read More >
CHENNAI: Political leaders across the spectrum mourned the demise of M K Muthu, the eldest son of former chief minister and DMK patriarch M Karunanidhi and eldest brother of CM M K Stalin, who made his mark both in Tamil cinema and politics. In his condolence message, Tamil Nadu Congress Committee (TNCC) president K Selvaperunthagai said, "M K Muthu held a unique place in Tamil Nadu's political and cinematic history." He expressed deep condolences on behalf of the TNCC to CM Stalin, Muthu's family members, DMK cadre and the film fraternity. MDMK general secretary Vaiko also offered his condo ...Read More >
COIMBATORE: BJP state president Nainar Nagendran on Thursday ruled out the BJP's interference in resolving the internal conflict of the PMK. "It's PMK's internal issue, which needs to be resolved through talks by PMK president Anbumani Ramadoss and party founder S Ramadoss. 'Auditor' Gurumurthy and former AIADMK legislator 'Saidai' S Duraisamy met Ramadoss for personal reasons, and the BJP has no links in it," he said to the media at Coimbatore International Airport. However, the BJP leader said everyone should come together to defeat DMK. "So Tamizhaga Vetri Kazhagam (TVK) leader Vijay has ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >
HYDERABAD: With the kharif season underway and farmers facing an acute shortage of urea, agriculture minister Tummala Nageswara Rao has written to the Centre, urging immediate intervention to ensure timely and sufficient supply of the critical fertiliser. In letters addressed to Union minister for chemicals and fertilisers JP Nadda, Tummala highlighted the alarming gap between the state's demand and actual supply. The minister said the Centre had allocated five lakh metric tonnes of urea to Telangana for the months of April, May, and June. However, only 3.06 lakh metric tonnes have been suppli ...Read More >
Patna (Bihar) [India], July 6 (ANI): Gaurav Khemka, son of businessman Gopal Khemka who was shot dead near the main gate of his residence in Patna's Gandhi Maidan area, has requested police protection for his family, citing a previous family tragedy and fear for their lives. In his statement recorded in the FIR on Saturday, Gaurav mentioned that his brother, Gunjan Khemka, was also murdered in 2018. "After this incident, my family and I are frightened. We request that the government and police provide us with security and ensure the safety of our family. Also, the perpetrators should be arres ...Read More >
Chennai, July 6: In a dramatic turn of events that highlights a deepening rift within the Pattali Makkal Katchi (PMK), party founder S. Ramadoss has removed his son and current party president, Anbumani Ramadoss, from the party's executive committee. The surprising development comes amidst mounting speculation over internal disputes between the two leaders over the direction and control of the party. The executive committee, which operated from Tindivanam and played a central role in the party's decision-making, included several senior leaders such as Anbumani Ramadoss, Thilagapama, Balu, Ven ...Read More >
The southern bench of the National Green Tribunal (NGT) has directed the Karnataka government to submit an action plan within a month to control the discharge of untreated sewage and industrial effluents into the Thenpennai river. This is pending the completion of new sewage treatment plants (STPs) scheduled for the end of December 2025. The directive came during a hearing on July 15, based on a suo motu case initiated by the bench based on news reports. The bench expressed serious concern over ...Read More >