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.
2 Mumbai Metros, bullet train & BKC: Metro-3 tunnel will be like subways at Churchgate & CSMT, with shops and travelators. FOB will connect bullet train terminal to 2B's IL&FS 2 Mumbai Metros, bullet train & BKC: In what may come as good news for Mumbai's commuters, the Mumbai-Ahmedabad bullet train will be linked to two Metros - Metro-3 or the aqua line through a tunnel at Bandra-Kurla Complex and 2B via a foot overbridge (FOB), according to reports. The integration is a joint effort led by the National High‑Speed Rail Corporation (NHSRCL), in coordination with urban transport agencies including the Mumbai Metropolitan Region Development Authority (MMRDA) and Mumbai Metro Rail Corporation Ltd (MMRCL). How will bullet train be linked to Mumbai Metro-3? How will bullet train be linked to Metro-2B? What has been done in foreign countries? Italy has pioneered similar projects in Milan and Rome. Bullet train project & BKC terminal News18 has earlier reported that construction across all four high-speed railway stations in Maharashtra is proceeding at full speed. The most complex of them -- the Bandra Kurla Complex (BKC) station in Mumbai -- is taking shape 100 feet below ground level, making it the deepest station on the route. Construction at the Virar Bullet Train Station in Maharashtra has reached a key milestone with the casting of the first of nine massive concrete slabs, News18 had reported. This is India's first bullet train project connecting two financial towns - Mumbai and Ahmedabad. The 508-km Project comprises 12 stations -- four in Maharashtra (Mumbai, Thane, Virar, Boisar) and eight in Gujarat (Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, Ahmedabad, Sabarmati). BKC in Mumbai is the only underground station along the corridor.
Mumbai: Maharashtra will connect the Nagpur-Mumbai Samruddhi expressway corridor to the upcoming greenfield Vadhvan port, slated to be the country's biggest such facility, via the Nashik highway, the upcoming Delhi-Mumbai greenfield expressway corridor, the Mumbai-Ahmedabad highway, the under-construction bullet train corridor, and the coastal road that is planned to be extended up to the port."The Prosperity corridor will have up to 500 MW to 1,000 MW capacity solar plant along it with 200 MW starting soon, besides a huge gas pipeline that will supply PNG not only to cities but also to power ...Read More >
Hyderabad: Stating that the hurdles related to the Kancha Gachibowli land placed by the Opposition were temporary, Chief Minister A. Revanth Reddy asserted that the state government within the judicial framework would fight a legal battle to reclaim the site and use it to generate employment opportunities. Addressing a meeting after inaugurating the P. Janardhan Reddy (PJR) flyover between Kondapur and Gachibowli here on Saturday, Revanth Reddy said, "Despite attempts by a few individuals to create hurdles, the government will not back down. The government will wage a legal battle in courts t ...Read More >
MUMBAI: The Mumbai Metro Rail Corporation Limited (MMRCL)'s decision to sell a 4.16-acre plot at Nariman Point to the Reserve Bank of India for ₹3,472 crore is in the eye of a storm. The Congress has demanded that the deal be cancelled, alleging that the state government went back on its promise to reinstate the political party offices that were on the plot before the land was taken over for the Metro 3 project. It has also alleged that the deal has led to a loss of around ₹1,800 crore for MMRCL, as the prime property was sold without floating tenders. The plot previously housed the offices o ...Read More >
Traffic Diversions for oath-taking: The swearing-in ceremony of the new Maharashtra Chief Minister will be held at Azad Maidan in South Mumbai tomorrow, December 5. Mumbai Traffic Police has issued an advisory in view of the event. The traffic diversions will remain in place from 12 PM tomorrow till the end of the programme. Devendra Fadnavis was on Wednesday unanimously elected as Maharashtra BJP legislature party's leader, paving the way for his swearing-in as the chief minister for a third time. Prime Minister Narendra Modi and other BJP leaders are set to attend the grand swearing-in cerem ...Read More >
Mumbai: Plans are underway to connect India's first underground bullet train station at Bandra Kurla Complex (BKC) with two metro rail lines and other buildings and commercial complexes around it, said officials. There will be an underground tunnel with a travelator connecting the bullet train station to the Kotak-BKC station of the underground metro Line-3 (Cuffe Parade to Array Colony), and a foot over bridge (FOB) linking it to the IL&FS station on the under-construction Metro Line-2B (DN Nagar to Mandale). The linking initiative is a part of the larger multi-modal integration (MMI) aiming ...Read More >
Mumbai, Oct 8 (PTI) Prime Minister Narendra Modi on Wednesday launched the 'Mumbai One' mobile app which enables commuters to book a single QR-based digital ticket usable across Metro, Monorail, buses and local trains in the city and surrounding regions. Described as India's first integrated common mobility app, it will do away with the need for multiple paper tickets or separate bookings, officials said. The app, developed for the entire Mumbai Metropolitan Region, will be available for downloading from 5 am on Thursday, they added. Commuters, however, will not be able to book 'season' or ...Read More >
Srinagar: Imagine gliding effortlessly above the clouds atop the world's highest railway bridge, with panoramic views of snow-capped peaks, lush green valleys, and rivers carving their way through rugged mountains. This is the experience Kashmir's first high-speed train journey offers -- promising to transform travel and tourism in the region forever. On Friday, Prime Minister Narendra Modi inaugurated two cutting-edge Vande Bharat trains running between Katra and Srinagar, slashing travel time by hours and providing year-round, reliable connectivity to the Kashmir valley. This train ride doe ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
Mumbai: A major milestone was achieved on Wednesday in the construction of the Mumbai-Ahmedabad bullet train corridor, with the first breakthrough in the 21km tunnel between BKC and Shilphata. The breakthrough marks the completion of a 2.7km continuous tunnel section in India's first high-speed rail project.The BKC-Shilphata tunnel includes a 7km stretch beneath Thane creek. Of the 21km, 16km will be built with tunnel boring machines and the remaining -- from Shilphata to Ghansoli -- using the new Austrian tunnelling method (NATM). To speed up NATM works, an additionally driven intermediate tu ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped inside a residential building that caught fire, the DCP said. With the help of police personnel and fir ...Read More >
Ahmedabad: Work on the bullet train project took a major step forward with the completion of eight large circular piers for a bridge being built over the Sabarmati river in the city. The bridge is part of the Ahmedabad-Mumbai bullet train corridor and will be 36m (about 12 storeys) tall and 480m long.The bridge is being constructed next to the existing Ahmedabad-Delhi railway line. In comparison, the bullet train bridge will be significantly taller -- around 118 feet above the river level.Officia ...Read More >
The Reserve Bank of India (RBI) has acquired a 4.61-acre land parcel in Nariman Point from MMRCL for Rs 3,472 crore, marking a significant real estate deal. This strategic acquisition, near key government and corporate offices, will expand RBI's presence in Mumbai. MMRCL aims to monetize land parcels to support Mumbai's metro expansion. The Reserve Bank of India (RBI) has acquired a 4.61-acre land parcel at Nariman Point in South Mumbai from the Mumbai Metro Rail Corporation Ltd (MMRCL) for Rs 3 ...Read More >
MUMBAI: In yet another incident highlighting unsafe practices at a metro construction site, a 30-kg iron jack fell onto the road from a girder during ongoing work on Metro-9 at Bhayandar on Sunday. Officials from the Mumbai Metropolitan Region Development Authority (MMRDA) confirmed that no citizens, workers, or public property were harmed. The jack came loose and dropped onto the road below, which was only loosely barricaded, surrounded by shops and garages. "During the lowering operation of a ...Read More >
Mumbai Monorail Train: The incident of the breakdown was reported at 7.15 am, officials said. Mumbai (Maharashtra): Monorail services were resumed after a nearly two-hour-long halt that occured on Monday morning due to technical glitches in Mumbai's Wadala area. Mumbai Metropolitan Region Development Authority (MMRDA) said all passengers onboard were safely evacuated from the monorail. "17 passengers were evacuated after a technical glitch happened in the monorail at Wadala. Passengers were e ...Read More >
Mumbai: Mumbai's long-awaited Metro Line 3, also known as the Aqua Line, is gearing up for its grand completion as Prime Minister Narendra Modi is set to inaugurate the final Worli-Cuffe Parade stretch on October 8. The milestone will make the entire 33.5-kilometre Colaba-Bandra-SEEPZ corridor fully operational, marking a transformative leap for South Mumbai's urban mobility network. Ahead of the inauguration, Mumbai Metro 3 released stunning inside visuals of the Science Centre Metro Station in Worli, offering a first look at its modern interiors and commuter-ready infrastructure. The images ...Read More >
Mumbai: Despite full dams, parts of Mumbai will face water shortages from October 7 to 9. The Brihanmumbai Municipal Corporation (BMC) is implementing a 10 per cent water reduction in certain areas and eastern suburbs during this period. Additionally, the corporation is updating electricity meters at the Pise water purification center, affecting water supply daily from 12:30 pm to 3:00 pm. Consequently, numerous sections of the city and eastern suburbs will experience disruptions due to these necessary updates. The Water Engineering Department confirmed the 10 percent water reduction for the ...Read More >
Mumbai: In a review meeting held by the Chief Minister Devendra Fadnavis recently at Sahyadri guest house, Malabar Hill, in view of the growing population and persistent traffic congestion from goods transport, it was decided to implement an independent project featuring an underground metro, road widening, and new flyovers -- offering a lasting traffic solution and driving urban and industrial growth. Both metro and road widening projects will progress in parallel, ensuring faster, safer, and seamless connectivity. These coordinated efforts aim to ease traffic and boost regional development. ...Read More >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
Mumbai: The Mumbai Metro Rail Corporation Limited (MMRCL) announced that the Commissioner of Metro Rail Safety (CMRS) has granted authorization for passenger operations on Phase 2B (Final Phase) of Metro Line 3, covering the stretch from Acharya Atre Chowk to Cuffe Parade. This development marks a major milestone from October 9, the entire Metro Line 3 will be operational, connecting Aarey JVLR in the north to Cuffe Parade in south Mumbai. New Timings for Full Metro Line 3 Operations MMRCL has shared the new service schedule for the fully operational corridor: The first service from both Aa ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
Bengaluru: For millions of people, the sudden, sharp pain of tooth due to sensitivity can turn a sip of cold water into a jolt. Now, researchers at Indian Institute of Science (IISc), in collaboration with Bengaluru-based deep-tech startup Theranautilus, have engineered "CalBots" - magnetic nanobots that can seal the problem at its source.As per IISc, CalBots are 400-nanometre particles loaded with a calcium silicate-based bioceramic formula, designed to travel 500 micrometres deep inside dentinal tubules, the tiny tunnels in the tooth that lead to nerve endings. Guided by an external magnetic ...Read More >
Mumbai, Sept 15 (PTI) Intermittent rains since midnight inundated several areas across Mumbai, affecting traffic on roads and local train as well as monorail services on Monday. Amid rains, a monorail train came to an abrupt halt on tracks between the Antop Hill Bus Depot and GTBN station in Wadala due to a "technical snag", following which all 17 passengers onboard were rescued, officials said, adding that it was the second such incident in less than a month. The rain activity reduced in the afternoon. In the last 24 hours, the Colaba observatory in south Mumbai recorded 134.4 mm rainfall, ...Read More >
Mumbai Rains: With local train delays and severe road congestion already troubling commuters, the situation has worsened as a section of the newly launched Mumbai Metro Line 3 has been temporarily suspended. Metro Line 3 will not be operational between Worli and Acharya Atre Chowk until further notice. The arrival of the Southwest Monsoon in Mumbai has brought with it chaos and disruption across the city. With local train delays and severe road congestion already troubling commuters, the situation has worsened as a section of the newly launched Mumbai Metro Line 3 has been temporarily suspend ...Read More >
CHENNAI: The Chennai Metro Asset Management Limited, a joint venture of Chennai Metro Rail Limited (CMRL) and Tamil Nadu Industrial Development Corporation (TIDCO), has signed the contract for the development of a multimodal facility complex (MMFC) and the redevelopment of the Kuralagam Building at Broadway. The project to redevelop the property at a cost of Rs 566.59 crores was awarded to Bridge and Roof Company (India) Limited. The work is being executed by the Chennai Metro Asset Management Limited (CMAML) along with the Greater Chennai Corporation (GCC). As per the contract agreement sig ...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 >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >
Mumbai: Vivek Kumar Gupta, an IRSE officer from the 1988 batch, has taken charge as General Manager, Western Railway. Before this appointment, he served as the Managing Director of NHSRCL, overseeing India's inaugural Bullet Train Project implementation.After taking charge, Gupta conducted an inspection at Churchgate and Marine Lines stations and a footplate inspection of the Churchgate - Marine Lines section on Sunday. He also interacted with passengers and staff. He took note of safety, train operations, passenger and staff amenities, and cleanliness, an official said.In his previous role, G ...Read More >
New Delhi, July 14 (SocialNews.XYZ) The Railways Ministry has dismissed as baseless and misleading some reports claiming that India has decided not to run the Japanese bullet train on the Mumbai-Ahmedabad route. Releasing a fact check on these 'fake news' reports, the Ministry said that it has taken no such decision to reject Japanese technology. "Some articles and social media posts claim that the Ministry of Railways has decided to not run the Japanese bullet train on the Mumbai-Ahmedabad route. This claim is misleading! The Railway Ministry has made no such decision," said a statement. T ...Read More >
MUMBAI: The long-pending automated Mass Rapid Transit System (MRTS) at Bandra Kurla Complex (BKC) -- popularly known as the pod taxi project -- has received clearance from the Maharashtra Coastal Zone Management Authority (MCZMA), the state body tasked with safeguarding the coastal environment. Estimated at ₹1,016.34 crore, the project is slated for completion within three years, and aims to enhance last-mile connectivity to the business hub, catering to an estimated 400,000 to 600,000 daily commuters. While the initiative promises to ease transportation challenges, it raises concerns about i ...Read More >