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.
Hyderabad: Telangana Anti-Corruption Bureau (ACB) on Friday arrested Akireddy Naveen Kumar, a Deputy Tahsildar at the office of Tahsildar-cum-Joint Sub-Registrar in Kotapalli mandal in Mancherial district, when he demanded and accepted the bribe amount of Rs.10,000. He demanded the bribe from the complainant through Gavidi Anjanna, who was a private person, for doing an official favour. The bribe was demanded for processing the complainant's file to link his father's pattadar's Aadhaar card with his khata in the revenue records and forwarding the file to higher authorities for issuance of a pattadar passbook. The tainted bribe amount of Rs.10,000 was recovered from the possession of Anjanna. Both his hand fingers yielded positive result in the chemical test. The details of the complainant are withheld for security reasons.
New Delhi, Nov 26: A day after the Cabinet Committee on Economic Affairs approved the PAN 2.0, the Income Tax Department on Tuesday issued a detailed clarification on the project based on a list of 11 frequently asked questions (FAQs) to provide taxpayers with a deeper insight into the new system. 1. What is PAN 2.0? PAN 2.0 Project is an e-Governance project of the Income Tax Department for re-engineering the business processes of taxpayer registration services. The objective of the project is to enhance the quality of PAN services through the adoption of the latest technology. Under this pr ...Read More >
New Delhi: The Supreme Court on Tuesday said the Karnataka government and the Centre should resolve the issue in connection with the release of financial assistance from the National Disaster Response Fund (NDRF) to the state for drought management. The matter came up before a bench comprising justices B R Gavai and K V Viswanathan. Attorney General R Venkataramani, appearing for the Centre, requested the bench that he needed some time to file an affidavit in the matter. "You should resolve it," the bench said. During the hearing, the bench queried, how much amount has been released so far? ...Read More >
Mumbai (Maharashtra) [India], January 8 (ANI): The anti-terror squad (ATS) of Maharashtra has arrested 60 illegal Bangladeshi immigrants across the entire state in the year 2024. In December 2024 alone, the ATS managed to arrest 43 Bangladeshi nations residing illegally. In 2025, to date, four cases have been filed against the illegal Bangladeshi nationals and six accused have been arrested. Most Bangladeshis have been arrested from Mumbai, Navi Mumbai and Thane. Also Read | PM Narendra Modi To Inaugurate, Lay Foundations for Projects Over INR 2 Lakh Crore in Andhra Pradesh's Visakhapatnam T ...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 >
SRINAGAR, Jun 27: The Jammu and Kashmir Anti-Corruption Bureau (ACB) on Friday filed a chargesheet before the Court of Additional Judge Anti-Corruption, Kashmir, against two persons in a bribery case involving a ₹9,000 demand for land record processing. "Jammu and Kashmir Anti Corruption Bureau has filed a charge- sheet under Section 173 Cr.P.C. before the Hon'ble Court of Addl. Judge Anti-Corruption, Kashmir in Case FIR No. 15/2022, against the following accused persons: Jamil Hussain Khan, then Patwari Halqa Baghat-e-shoor, Owanta Bhawan, Soura, Tehsil Eidgah - Charged under Section 7 of th ...Read More >
In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...Read More >
day after the Cabinet Committee on Economic Affairs approved the PAN 2.0, the Income Tax Department on Tuesday issued a detailed clarification on the project based on a list of 11 frequently asked questions (FAQs) to provide taxpayers with a deeper insight into the new system. PAN 2.0 Project is an e-Governance project of the Income Tax Department for re-engineering the business processes of taxpayer registration services. The objective of the project is to enhance the quality of PAN services through the adoption of the latest technology. Under this project, ITD is consolidating all processes ...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 >
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 dut ...Read More >
Bengaluru (Karnataka) [India], June 26 (ANI): Karnataka Deputy Chief Minister DK Shivakumar announced on Thursday that the meeting on the Hemavathi link canal, originally scheduled for June 30, has been postponed to July 4-5, following a request from Union Minister V Somanna. Speaking to reporters at his Sadashivanagar residence here, Shivakumar said, 'We have postponed the meeting as Somanna is also the MP from the district. The officials have been instructed accordingly.' The Deputy CM also addressed the postponement of a meeting with Yettinahole project contractors in Tumakuru, attributin ...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 >
With the deadline for free Aadhaar updates approaching on December 14, 2024, the UIDAI is urging those who received their cards over 10 years ago to update their details. However, updating is recommended, it is not mandatory. To prevent fake identities, Aadhaar assigns a unique number to each person, linked to their biometric data, making duplication impossible. Although updating is optional, it helps improve services, ensures accurate authentication and simplifies daily life. Aadhaar is a vital identification document for every Indian citizen due to its reliability, legal compliance, and ea ...Read More >
After December 14, updates will incur a fee of Rs 50 per request at Aadhaar centers. The Unique Identification Authority of India (UIDAI) has extended the deadline for free Aadhaar updates to December 14. This initiative allows individuals to update their Aadhaar details, such as name, address, or date of birth, online and at no cost. The process is simple and can be completed from the comfort of your home. UIDAI recommends updating Aadhaar details if it has been over 10 years since the last update. Keeping Aadhaar information updated ensures that your records are current, facilitates seamle ...Read More >
Mumbai, Jun 5 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Thursday inaugurated the final 76-km-long stretch of the Samruddhi Mahamarg, making the entire 701-km Mumbai-Nagpur corridor fully functional and bringing down the travel time between the two cities to 8 hours from around 18 hours. Fadnavis described the Mumbai-Nagpur Samruddhi Mahamarg as an "engineering marvel" and said this "economic corridor" would play a vital role in the state's development. Fadnavis said by connecting the expressway with the proposed Vadhvan port, they are planning to develop it as an "economic corrid ...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 >
Katra: Prime Minister Narendra Modi visited Jammu and Kashmir on Friday to inaugurate multiple rail projects, including the world's highest Chenab Rail Bridge, the Anji Khad Bridge, and the Katra-Srinagar Vande Bharat Express, as part of the Udhampur-Srinagar-Baramulla Rail Link. These railway projects directly connect Jammu and Kashmir to the rest of the country. The Udhampur-Srinagar-Baramulla Rail Link is an all-weather railway corridor designed to provide seamless connectivity to the region through the rail network. During his visit, PM Modi reviewed the Chenab bridge, world's highest ra ...Read More >
RAIPUR: Telangana State Committee (TSC) member Mailarapu Adellu alias Bhaskar, carrying a bounty of Rs 45 lakh, was killed in an encounter with the security forces in the National Park area under Bijapur district in south Bastar of Chhattisgarh, police said on Friday. His body along with an AK-47 rifle was recovered during a search operation by security forces at the encounter site on Friday, police said. The encounter took place on Thursday but the search operation by the security forces at the site still continued, police said. Body of Maoists' Central Committee Member (CCM) Sudhakar who ...Read More >
Bengaluru, Jun 7 (PTI) A 26-year-old man allegedly beheaded his wife following a heated argument on the outskirts of Bengaluru after he suspected her of having an extra-marital affair, police said on Saturday. After killing Manasa, Shankar travelled with her severed head on his scooter to the nearest police station and confessed to the crime, they said. The man was later arrested, police said, adding that the incident occurred at Heelalige village, near Chandapura, Anekal taluk late on Friday. According to the police, the couple were married for over five years and have a four-year-old daug ...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 >
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 >
MahaRERA has so far issued 1,163 warrants worth ₹705.62 crore involving 442 real estate projects in Maharashtra. Of this, the MahaRERA has recovered around 29% or around ₹200 crore. Around ₹200 crore worth of compensation has so far been recovered from 283 recovery warrants issued to 139 real estate projects, MahaRERA said in a statement. Also Read: MahaRERA puts grading of real estate projects in Maharashtra on hold MahaRERA issues recovery orders against real estate developers in case of default in handing over possession of property to homebuyers. The execution of recovery warrants has to ...Read More >
Also Read - Bengaluru likely to see heavy rainfall and thunderstorms from December 8, predicts IMD A group of 46 students and six teachers from Morarji Desai Residential School, Mulabagilu in Kolar district visited Murudeshwar on Tuesday as part of their school trip. According to the police, around 5.30 pm, the teachers, along with the students went to the beach. Despite warnings from lifeguards, seven students ventured into the sea. The sea was rough, and three girls were swept away by the cu ...Read More >
Bhopal, June 5 (SocialNews.XYZ) Madhya Pradesh Chief Minister Dr Mohan Yadav, while expressing profound grief over the death of seven persons in Rewa, has announced a financial support of Rs 2 lakh each to the family of the deceased. He has also announced financial support of Rs 50,000 to each of the injured persons in the accident. He announced the support through his X handle, "Tragedy struck near Sohagi village in Rewa district when a truck carrying cement pillars overturned onto an auto carrying devotees from Nai Garhi, Mauganj district. The group had been returning from Prayagraj after ...Read More >
New Delhi: Farmers associated with the PM Kisan Samman Nidhi Yojana are now eagerly waiting for the 22nd instalment of ₹ 2,000. Everyone is wondering when the next instalment will be credited to the account. It is expected that the government will release the next instalment of the PM Kisan Samman Nidhi Yojana in the last week of June, which is being discussed rapidly. It is believed that approximately 10 crore farmers will benefit from this. If your name is listed in this scheme, then first complete some vital work, where there will be no problem. If you do not complete the necessary work, t ...Read More >
New Delhi: In a joint operation, the Israel Defense Forces (IDF) and the Israel Security Agency (ISA) have eliminated As'ad Abu Sharaiya, a senior leader of the Mujahideen terrorist organization in Gaza, and another terrorist, Mahmoud Muhammad Hamid Kuhail. According to the IDF, Abu Sharaiya was directly involved in the October 7, 2023, massacre, infiltrating Kibbutz Nir Oz, and was responsible for the abduction and murder of several Israeli citizens, including Shiri, Ariel, Kfir Bibas, and Nattapong Pinta. He also played a role in recruiting operatives for terror attacks against Israel and I ...Read More >
Nagpur: In a significant breakthrough, Gadchiroli police and the Central Reserve Police Force (CRPF) arrested a hardcore Maoist, Ankal alias Mannu Sulge Pallo, deputy commander of the Korchi Dalam, on Friday from Kawande jungle, near Maharashtra's last police post. He had a reward of Rs six lakh on his head. This post gained prominence after the visit of chief minister Devendra Fadnavis last month. The 28-year-old Maoist, a resident of Kawande in Bharmaragad tehsil, was nabbed while conducting reconnaissance to orchestrate subversive activities in the region.Sulge, who was underground since 20 ...Read More >
Raipur, June 7 (SocialNews.XYZ) Two Maoists were reportedly neutralised on Saturday in the ongoing anti-Naxal operation in Bijapur's Indravati National Park, which has entered its third day, with security forces intensifying their efforts against insurgents in the dense forest region. However, official confirmation of their identity is awaited. Automatic weapons were recovered from the slain militants, further underscoring the intensity of the battle, sources said. In the past two days, security forces successfully eliminated Sudhakar, a Central Committee Member of the CPI (Maoist), who carr ...Read More >
Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastrinagar. Dr Lad said he's seen at least three children admitted for dengue this week, with all of the ...Read More >
Madurai: Union Home Minister Amit Shah on Sunday asserted that the NDA would form governments in Tamil Nadu and West Bengal. Addressing party office bearers, he hailed Madurai as a city of 'Parivartan' and said his party's Karyakarta Sammelan (workers meet) would lead to change as well, of dislodging the DMK from power. The DMK's corrupt rule has affected the poor, women and children in Tamil Nadu, Shah alleged, and urged his party members to resolve to dislodge the Stalin-led Dravidian party government from the seat of power. At least two classrooms in each school across Tamil Nadu could h ...Read More >
Rajasthan Anti-Corruption Bureau (ACB) found ₹9.35 lakhs cash in Jhalawar Additional Superintendent of Police (ASP) Jagram Meena's vehicle at Shivdaspura Toll, Jaipur. A statement by the Rajasthan ACB said that on the orders of the Rajasthan ACB Headquarters, a vehicle of Jhalawar Additional SP Jagram Meena was checked by the ACB team at Shivdaspura Toll. ₹9.35 Lakhs were found in his vehicle in the surprise check. More details are awaited in the case. Meanwhile, according to a press release by the Rajasthan ACB, in Sawai Madhopur, Senior Assistant of the Tehsil Office, Gangapur City, Jai S ...Read More >