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.
Mumbai: Central Railway has introduced the first local train rake equipped with a dedicated and specially renovated compartment for senior citizens recently. Meanwhile, Western Railway is in the process of launching a similar facility, with plans already underway. "Central Railway's Matunga Workshop has successfully rolled out the first Electric Multiple Unit (EMU) rake (local train) featuring a dedicated compartment for senior citizens in the Mumbai suburban network. The initiative, taken in immediate response to Railway Board directives, involved converting a middle luggage compartment in the sixth coach from the Mumbai end into an exclusive space for elderly passengers. This move marks a significant step toward inclusive mobility and aims to reduce the challenges senior citizens face while boarding and deboarding trains, particularly during peak hours" said an official of CR. According to Central Railway, the redesigned compartment includes enhanced seating arrangements featuring three 3-seater benches and two 2-seater units, offering a total seating capacity of 13 passengers. To optimize comfort and accessibility, stainless steel tubular partitions with sight-level panels and integrated grab poles have been installed. Safety enhancements include knurled vertical grab poles at doorway footboards and emergency ladders fitted under both doorframes. In addition, aesthetic improvements such as vinyl wrapping have been used to enhance the visual appeal and ambience of the compartment. "With the rollout of this first prototype, Central Railway has set a benchmark for future infrastructure upgrades aimed at senior citizen comfort. The initiative marks the beginning of a broader plan to convert all EMU rakes (local trains) in the Central Railway fleet to include similar dedicated compartments gradually." On Western Railway, the process of introducing senior citizen compartments is progressing. A senior Western Railway official confirmed that a contract has already been awarded to convert one luggage compartment of all non-air-conditioned rakes into dedicated compartments for the elderly. The conversion work is ongoing, and the first rake with this special compartment is expected to be introduced into service soon. Currently, Western Railway provides 14 seats per train for senior citizens, generally located in the third and twelfth coaches from the Churchgate end. However, due to excessive crowding during rush hours, these seats are often difficult to access, forcing many elderly commuters to travel under unsafe conditions. "To address this, Western Railway has decided to convert one luggage compartment in each of its 105 non-AC local train rakes -- including 90 twelve-coach and 15 fifteen-coach trains -- into a dedicated senior citizen compartment. These newly designed compartments will feature seating capacity for 13 passengers and standing space for 91, significantly improving comfort, accessibility, and safety for older commuters," said an official of Western Railway.
Mumbai: Eleven years after its launch, Mumbai's first metro corridor (Versova-Andheri-Ghatkopar) could soon see longer trains, which would bring much-needed relief to hundreds of thousands of commuters who frequently experience excess crowding on the route during peak hours. On a day when overcrowding was reported at the Ghatkopar and Andheri metro stations due to a technical failure in one of the trains, Mumbai Metro One Private Limited (MMOPL) said it plans to procure additional coaches. The length of its trains could increase from four cars to six cars if the proposal is approved, official ...Read More >
Bengaluru, Jul 19 (PTI) Hockey India on Saturday announced a 40-member core probable group for the upcoming senior women's national coaching camp, which will be held at the Sports Authority of India (SAI) Centre here from July 21 to August 29. The camp holds significant importance as the Indian women's hockey team gears up for the women's Asia Cup, set to begin on September 5 in Hangzhou, China. The tournament will serve as a direct qualification pathway for the 2026 FIH Women's World Cup, with only the champion earning a guaranteed spot. All players from the previous camp have been retaine ...Read More >
The Central Railway (CR) has announced special traffic and power day blocks for 14 days starting Saturday, September 27, to carry out scheduled maintenance work. The power block will be in effect until October 10 at Karjat railway station. The special traffic and power day blocks are being undertaken to carry out pre-non-interlocking works at Karjat station in connection with Karjat yard remodelling work. In view of this, local train services in Mumbai and long-distance trains are likely to be affected. Central Railway said that traffic will be blocked between Karjat and Khopoli stations durin ...Read More >
Mumbai: Good news for Mumbaikars and daily commuters on Central line. Central Railway will soon get an updated AC local train. The new rake which will undergo extensive testing, will be pressed into service just before the onset of the summer season, providing some relief to commuters. What will be different from the existing AC local train, is that some of its machinery will be located under the coach, known as the under-slung system. What is a slung system? A slung system train local is a train with electrical equipment located below the rake or under the train. This design aims to increa ...Read More >
KOZHIKODE: A woman from Palakkad who recently tested positive for Nipah virus, remains in critical condition at the Kozhikode Government Medical College Hospital. She is currently receiving critical care in the hospital's specialised Nipah isolation unit. The patient was initially admitted to a private medical facility in Perinthalmanna. However, late on Saturday night, due to a significant deterioration in her health, she was transferred to the Kozhikode Medical College. Her symptoms, consistent with a severe viral infection, first appeared on July 1, prompting her to seek medical attention. ...Read More >
Tirupati (Andhra Pradesh) [India], July 14 (ANI): A fire broke out in stationed train coaches of the Hisar-Tirupati Special Train and Rayalaseema Express at the Tirupati Railway Station yard on Monday, Indian Railways said. According to Southern Central Railway, the fire was dozed and there is no disruption to any of the outgoing or incoming train services from Tirupati Railway Station, the Southern Central Railway said. The incident occurred while taking empty Hisar-Tirupati Special Train into the stabling yard. During the shunting process a fire was noticed in one general coach and was imm ...Read More >
Here comes a big update for the passengers. Mumbai local trains will get indigenous 'Kavach' safety boost by end of next year. This will be done in a major boost to commuter safety on one of the world's busiest suburban rail networks. What is Kavach? Kavach is a state-of-the-art electronic system developed under the 'Make in India' initiative that is presently being installed on Delhi-Mumbai as well as some other trunk routes. The indigenously designed Automatic Train Protection (ATP) system, which will automatically control train speed, prevent collisions, and ensure safe operations even w ...Read More >
New Delhi, July 1 (SocialNews.XYZ) The Centre on Tuesday launched 'RailOne', a super app designed to serve as a one-stop platform for all railway-related queries, passenger needs and services. The app, launched by Union Railways Minister Ashwini Vaishnaw in the national capital, aims to enhance convenience by integrating multiple services into a single interface. With a user-friendly interface, the RailOne is live and available to download on Google Play Store and iOS App Store. The new app integrates services such as unreserved and platform tickets with 3 per cent discount, live train track ...Read More >
Mumbai, Jul 7 (PTI) Local train services on the Central Railway's Harbour line were fully restored on Monday morning, nearly 13 hours after a track relaying train (TRT) derailed near Nerul station, officials said. The TRT derailed near Nerul station at 4.20 pm on Sunday, leading to suspension of services on both the Up (towards Chhatrapati Shivaji Maharaj Terminus in south Mumbai) and Down (away from CSMT) lines between Vashi and Panvel. Thousands of commuters were left stranded during the peak evening hours. After the overnight work, the first local train from CSMT towards Panvel passed th ...Read More >
* Heavy rain caused waterlogging and traffic chaos in Mumbai on August 18 * IMD issued a red alert for extremely heavy rainfall in Mumbai on the same day * Brihanmumbai Municipal Corporation declared a holiday for all schools in the afternoon Did our AI summary help? Let us know. Switch To Beeps Mode Mumbai Rain Alert: Heavy rain battered parts of Mumbai on Monday (August 18), with the city struggling with waterlogging in several areas and traffic chaos. The India Meteorological Department ...Read More >
Nashik: Heavy rains lashed Ahilyangar city and parts of the district late on Saturday night and in the early hours of Sunday. Ahilyangar city received 76 mm of rainfall in the last 12 hours between 8.30pm on Saturday and 8.30am on Sunday. Rahata and Newasa talukas received 150 mm and 119 mm of rainfall, respectively, in the last 24 hours up to 8.30am on Sunday. Shevgaon taluka received 89 mm of rainfall, while Kopargaon and Shrirampur talukas received over 100 mm of rainfall during the last 24 ho ...Read More >
VMPL New Delhi [India], July 5: Expanding its successful presence in India's vibrant speciality coffee market, Pour Over Coffee Roasters has opened its third outlet--and first franchise--in Delhi, bringing its signature coffee culture to the diplomatic district. Building on the popularity of its cafes in Khan Market and Malviya Nagar, this new location furthers the brand's mission to elevate the city's coffee culture, blending curated experiences, technology, and uncompromising quality. "We don't follow trends. We craft coffee that commands respect," says Umesh Kapoor, CEO of Pour Over Coffe ...Read More >
A goods train transporting high-speed diesel ignited near Tiruvallur on Sunday morning, prompting a swift response from fire tenders. While no casualties were reported, the incident led to the suspension of local train services and the cancellation of eight express trains. A goods train carrying high-speed diesel caught fire on Sunday morning near Tiruvallur, a Railway official said. The fire broke out in a wagon and quickly spread to others. No casualties have been reported, the official said ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >
Mumbai: A fire broke out at a shop inside the bustling Churchgate railway station in south Mumbai on Thursday evening, causing panic among commuters during peak hours. The incident was reported around 5:25 pm by the Western Railway. Fortunately, no injuries were reported, officials confirmed. The Mumbai Fire Brigade swiftly deployed firefighting teams and equipment to the scene, while police and civic personnel assisted in managing the situation. The fire was brought under control within minutes, according to a civic official. Although the flames were quickly doused, thick smoke filled the ...Read More >
PUNE: In a move to empower homebuyers and enhance transparency, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has revised its project registration certificates to include critical details about real estate projects in a concise, reader-friendly format. For the first time, the certificate -- issued at the time of project registration -- includes comprehensive data such as the project's total built-up area, number and names of buildings and wings, approved habitable floors, total residential and non-residential units, commencement certificate status, and number of parking spaces f ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...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 >
New Delhi [India], August 28 (ANI): The Appointments Committee of the Cabinet (ACC) has extended the tenure of Satish Kumar as Chairman and Chief Executive Officer (CEO) of the Railway Board for a further period of one year, effective from September 1, 2025. An order dated August 27 from the Secretariat of the Appointments Committee of the Cabinet, reads, "The Appointments Committee of the Cabinet (ACC) has approved the extension in tenure of Satish Kumar, Indian Railway Management Service (IRMS) (Retd.) as Chairman & Chief Executive Officer (CEO), Railway Board for a further period of one yea ...Read More >
Raigad district has been issued an orange alert with the possibility of very heavy showers on Sunday and Monday. While September often sees retreating showers, this year's monsoon continues to remain active across Konkan and Mumbai. Mumbai's brief dry spell came to an end on Saturday as rhe city woke up to overcast skies as several pockets experienced light to moderate rainfall. According to the India Meteorological Department (IMD), the Santacruz observatory recorded 7.2 mm of rainfall, while t ...Read More >
Mumbai: The city woke up to a chaotic morning as heavy showers lashed the city, causing widespread waterlogging and traffic disruptions. The India Meteorological Department (IMD) issued a red alert, warning of intense to very intense rainfall over the next three hours, accompanied by thunderstorms, lightning, and gusty winds. Heavy Showers Hit Mumbai's Suburbs Mumbai woke up to torrential rains, particularly affecting the suburbs. Byculla, Mahalaxmi, and parts of Kings Circle were submerged in water, causing severe traffic snarls. Pedestrians and motorists were seen wading through knee-deep ...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 >
New Delhi [India], December 3 (ANI): The Central Railway will run 12 additional suburban special trains between Parel- Kalyan and Kurla- Panvel stations on Thursday-Friday mid-night on the occasion of Bharat Ratna Dr Babasaheb Ambedkar's Mahaparinirvan Divas 2024, a press release said on Tuesday. According to the release, these suburban special trains will run stopping at all stations. The Railway Administration has also appealed to the travelling public to travel with proper tickets to avoid inconvenience. Also Read | Bangladesh Summons Indian High Commissioner Pranay Verma After Dhaka Lodg ...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 >
Mumbai (Maharashtra) [India], August 14: Medulla Communications Pvt. Ltd., one of the world's most awarded healthcare-specialist advertising agencies, has announced the launch of its new hub in Singapore. With over 15 years of experience in solving complex healthcare challenges, Medulla is now looking to create a super-specialist category as the first digital healthcare advertising agency in Asia. New Hub to Deliver Scalable, Specialist Healthcare Marketing Solutions Across APAC. Also Read | New Cheque Clearing System: Banks To Clear Cheques Within Few Hours Starting October 4, Announces RBI. ...Read More >
Ranchi: The Siromtoli flyover, inaugurated on Thursday by chief minister Hemant Soren amid protests by various tribal outfits to demolish the flyover's ramp in front of the Kendriya Sarna Sthal, has become a popular spot among motorists and citizens alike. The newly built structure has not only eased traffic congestion but also significantly reduced the travel time for commuters. Motorists are eager to try a ride over the new flyover, which connects the Mecon roundabout to Siromtoli via the Rajendra Chowk. Many of them were seen clicking selfies on the flyover.When TOI took a ride on the flyov ...Read More >
Chennai, June 30 (SocialNews.XYZ) Tamil Nadu Chief Minister M.K. Stalin on Monday flagged off Chennai's first fleet of low-floor electric buses from the Metropolitan Transport Corporation's (MTC) Vyasarpadi depot, marking a significant step towards greener urban transport in the city. A total of 120 electric buses, worth Rs 207.90 crore, have been introduced under the Chennai City Partnership Programme and Chennai Sustainable Urban Services Programme, with support from the World Bank and Asian Infrastructure Investment Bank. Inaugurating the upgraded electric bus depot at Vyasarpadi, develop ...Read More >
Jaipur: In a decisive move, the state govt informed the Rajasthan High Court Tuesday it would not cancel the controversial 2021 sub-inspector recruitment examination, despite allegations of paper leaks and use of dummy candidates. After months of protests for and against the demand to cancel the exam as well as the court's directives for administrative clarity in the matter, the state govt finally made its stand clear during the hearing before the single bench of Justice Sameer Jain.Advocate general Rajendra Prasad, representing the state govt, said, "The decision to continue with the recruitm ...Read More >
Mysore/Mysuru: Amidst intense opposition from the business community and city planners, the State Government has decided to go ahead with the relocation of the KSRTC Sub-Urban Bus Stand from Bengaluru-Nilgiri Road to KSRTC-owned land in Bannimantap, where its depot currently functions. Traders fear the move will hurt foot traffic and sales in the heart of the city, while urban planners warn it could choke the already-congested Bengaluru-Mysuru Road. Despite these concerns, the Government has brushed aside all objections and is moving forward with the project. Chief Minister Siddaramaiah is s ...Read More >