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.
Lucknow: The CBI on Saturday arrested two railway officials -- an assistant divisional engineer and a trackman -- of Northern Railway, Chandausi, Sambhal, Uttar Pradesh, for allegedly accepting a bribe of Rs 34,000 from a railway contractor.The arrests followed the registration of a case by the CBI on July 4 based on a complaint against the assistant divisional engineer Sanjeev Saxena for soliciting an illegal gratification of 2% commission on the clearance of pending bills worth Rs17,57,605.The complainant, a private contractor, was awarded a tender for railway track fitting work on Jan 19, 2024, by the Moradabad Division of NR.According to the complaint, Saxena demanded Rs34,000 to facilitate clearance of outstanding dues. Acting swiftly, the CBI laid a trap and caught both Sanjeev Saxena and his subordinate, Akash, a trackman, while accepting the bribe during the night of July 4.
The viral video has been widely shared on X (formerly Twitter) and Instagram. New Delhi: In a scene that has stunned commuters and gone viral across social media, a group of Indian Railways Catering and Tourism Corporation (IRCTC) employees were caught on camera engaging in a violent brawl on the platform of Delhi's Nizamuddin Railway Station. The confrontation quickly descended into chaos, with dustbins thrown, belts brandished, and punches exchanged in full public view, reminiscent of a WWE ...Read More >
Katra (Jammu and Kashmir) [India], June 5 (ANI): Jammu and Kashmir Chief Minister Omar Abdullah and Union Minister Jitendra Singh inspected the Katra railway station and the Vande Bharat train on Thursday ahead of Prime Minister Narendra Modi's visit on June 6. PM Modi will flag off the first Vande Bharat train to Kashmir on Friday. CM Omar Abdullah said, 'If I tell you that I have been waiting for this moment for a long time, it will still not be enough. This rail project began when I was in the 7th or 8th class. Now, even my children have started working after completing school and college ...Read More >
Ramban (Jammu and Kashmir) [India], June 6 (ANI): Security forces conducted thorough inspections and heightened vigilance in Ramban, ahead of Prime Minister Narendra Modi's visit to Katra on Friday. Prime Minister Modi will inaugurate the Chenab Bridge, the world's highest railway bridge, and flag off the Vande Bharat Express train between Katra and Srinagar. Security personnel conducted sweeping inspections, including dog squad deployments and comprehensive vehicle checks. Also Read | Chinnaswamy Stampede: Karnataka CM Siddaramaiah Suspends Bengaluru Police Commissioner B Dayananda, Orders ...Read More >
Udhampur (Jammu and Kashmir) [India], June 6 (ANI): Security has been heightened at the Udhampur Railway Station ahead of Prime Minister Narendra Modi's visit to Katra on Friday during wich he will inaugurate the Chenab Bridge, the world's highest railway bridge, and flag off the Vande Bharat Express train between Katra and Srinagar. Ahead of flagging off the Vande Bharat Express between Katra and Srinagar on June 6, marking the completion of the Katra-Sangaldan rail link project, Prime Minister Narendra Modi stated that key infrastructure projects worth Rs 46,000 crores, which are being inau ...Read More >
Jammu, Jun 7 (PTI) The Northern Railways on Saturday commenced commercial operations of Vande Bharat trains between Katra and Srinagar, officials said. The Vande Bharat express train, which was flagged off by Prime Minister Narendra Modi from Katra on June 6, connects Kashmir with the rest of the country through rail. Passengers who boarded the trains from Katra to Baramulla, or vice versa, expressed immense enthusiasm, with many stating they had eagerly awaited the opportunity to travel to Kashmir by train. The first day of commercial operations went smoothly, as the trains reached their d ...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 >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
Bhubaneswar: Chief minister Mohan Charan Majhi on Thursday announced an ambitious plan of planting 7.5 crore saplings across the state within a year. Speaking at the state-level celebration of World Environment Day at the OUAT Agriculture Education Hall in city, the CM emphasised the importance of public awareness and collective responsibility in protecting nature and ending plastic pollution. "A healthy environment is essential for a healthy society," he said.Addressing the rising threat of single-use plastic, the CM urged citizens to support a mass movement to eliminate plastic from daily li ...Read More >
Ramban (Jammu and Kashmir) [India], June 6 (ANI): Security forces conducted thorough inspections and heightened vigilance in Ramban, ahead of Prime Minister Narendra Modi's visit to Katra on Friday. Prime Minister Modi will inaugurate the Chenab Bridge, the world's highest railway bridge, and flag off the Vande Bharat Express train between Katra and Srinagar. Security personnel conducted sweeping inspections, including dog squad deployments and comprehensive vehicle checks. Security was also heightened at the Udhampur Railway Station on Thursday. Ahead of flagging off the Vande Bharat Expre ...Read More >
A visually animated video showing three high-speed trains seamlessly crossing paths at a railway junction has gone viral across social media platforms. The video, often shared with patriotic captions, has been widely mistaken for real footage showcasing India's railway capabilites, with some users attributing it to Railway Minister Ashwini Vaishnaw's leadership. However, the clip is entirely computer-generated. The animation depicts an elaborate X-shaped junction where three trains pass each ot ...Read More >
New Delhi [India], April 5 (ANI): Indian Railways has sanctioned an important project for strengthening its communication infrastructure in Western Railway with the approval of the provision of 4×48 Optical Fibre Cable (OFC) Backbone in Ahmedabad and Ratlam Divisions at a total cost of Rs. 398.36 crore. The project has been approved under the umbrella work titled "Provision of Kavach with communication backbone of Long Term Evolution (LTE) on balance routes of Indian Railways (Umbrella Work 202 ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 GW of renewable projects, while exploring new opportunities in other states. The Group has already e ...Read More >
Udhampur (Jammu and Kashmir) [India], June 6 (ANI): Security has been heightened at the Udhampur Railway Station ahead of Prime Minister Narendra Modi's visit to Katra on Friday during wich he will inaugurate the Chenab Bridge, the world's highest railway bridge, and flag off the Vande Bharat Express train between Katra and Srinagar. Ahead of flagging off the Vande Bharat Express between Katra and Srinagar on June 6, marking the completion of the Katra-Sangaldan rail link project, Prime Minister Narendra Modi stated that key infrastructure projects worth Rs 46,000 crores, which are being inau ...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 >
Kashmir Vande Bharat: Kashmir is set to get year-round railway connectivity with the rest of India. Prime Minister Narendra Modi will inaugurate the Udhampur-Srinagar-Baramulla Railway Link on June 6. The launch includes the Chenab and Anji Khad railway bridges. Two new Vande Bharat trains will also be introduced. Regular Vande Bharat services will start on June 7, 2025.Kashmir will soon have year-round railway access to the rest of India. Prime Minister Narendra Modi is set to inaugurate the Udh ...Read More >
Udhampur (Jammu and Kashmir) [India], June 6 (ANI): Security has been heightened at the Udhampur Railway Station ahead of Prime Minister Narendra Modi's visit to Katra on Friday during wich he will inaugurate the Chenab Bridge, the world's highest railway bridge, and flag off the Vande Bharat Express train between Katra and Srinagar. Ahead of flagging off the Vande Bharat Express between Katra and Srinagar on June 6, marking the completion of the Katra-Sangaldan rail link project, Prime Minister Narendra Modi stated that key infrastructure projects worth Rs 46,000 crores, which are being inau ...Read More >
Jammu, Dec 14 (PTI) More than 1,600 passengers travelled on two reserved trains operated by Northern Railway's Jammu Division between Shri Mata Vaishno Devi Katra and New Delhi over the past two days, railway officials said. The special train, numbered 04082/04081, was introduced to manage increased passenger demand. On the first day of operation on Saturday, over 700 passengers travelled on the train, while more than 900 passengers availed the service on Sunday, the officials said. They said t ...Read More >
NEW DELHI: Come Saturday and people can whistle into Srinagar on a train as Northern Railway has notifed regular Vande Bharat Express services between Katra and the city. PM Narendra Modi will flag off the first passenger train to the Kashmir Valley on Friday from Katra.The service will be operational for six days a week with no train on Wednesday, railways said. More trains would be deployed depending on demand at a later stage, officials added. From Saturday, a pair of Vande Bharat trains will operate on the Srinagar-Katra-Srinagar route with an intermediate halt at Banihal. Journey time wil ...Read More >
Srinagar: The Northern Railways on Saturday commenced commercial operations of Vande Bharat trains between Katra and Srinagar, officials said. The Vande Bharat express train, which was flagged off by Prime Minister Narendra Modi from Katra on June 6, connects Kashmir with the rest of the country through rail. Passengers who boarded the trains from Katra to Baramulla, or vice versa, expressed immense enthusiasm, with many stating they had eagerly awaited the opportunity to travel to Kashmir by train. The first day of commercial operations went smoothly, as the trains reached their destinatio ...Read More >
New Delhi, April 6: Indian Railways has approved multiple projects worth Rs 1,364.45 crore to strengthen safety, signalling and communication infrastructure across its network, an official statement said on Monday. The sanctioned works include provision of Kavach on locomotives, expansion of optical fibre cable network and replacement of panel interlocking with electronic interlocking systems across various railway zones, said Railways MInistry. The indigenously-developed Kavach system protects trains against signal passing at danger (SPAD), excessive speed and collisions. By providing this a ...Read More >
Katra (J-K), Jun 5 (PTI) Railway Minister Ashwini Vaishnaw on Thursday said the political will shown by Prime Minister Narendra Modi in over a decade led to the completion of the 272-km Udhampur-Baramulla-Srinagar Railway link (USBRL) project to connect Kashmir with rest of the country. On Friday, the prime minister is scheduled to inaugurate the world's tallest railway bridge over Chenab and the country's first cable-stayed railway Anji Bridge before flagging off two Vande Bharat trains - one from Katra to Srinagar and another from Kashmir to Katra. Modi will also lay the foundation of and ...Read More >
New Delhi, July 15 (SocialNews.XYZ) The Enforcement Directorate (ED) has attached six immovable properties worth Rs 4.18 crore in Delhi and Uttar Pradesh over money laundering cases linked to a company controlled by Atul Rai, former MP and Jitender Sapra, both aides of Mukhtar Ansari, an official said on Tuesday. The ED, Allahabad Sub-Zonal office, issued the Provisional Attachment Order attaching the six properties owned by Spectrum Infraservices on Tuesday, as part of its money laundering probe against a construction company controlled by the late gangster-turned-politician Mukhtar Ansari, ...Read More >
Katra (Jammu and Kashmir) [India], June 5 (ANI): Jammu and Kashmir Chief Minister Omar Abdullah and Union Minister Jitendra Singh inspected the Katra railway station and the Vande Bharat train on Thursday ahead of Prime Minister Narendra Modi's visit on June 6. PM Modi will flag off the first Vande Bharat train to Kashmir on Friday. Also Read | Delhi: High-Level US Team Arrives for Talks on Bilateral Trade Pact With India. CM Omar Abdullah said, "If I tell you that I have been waiting for this moment for a long time, it will still not be enough. This rail project began when I was in the 7th ...Read More >
JAMMU, June 5: A day after its formal inauguration, the Vande Bharat train service between Katra and Srinagar will start commercial operations from June 7. Follow the Daily Excelsior channel on WhatsApp According to the Northern Railway, the Indian Railway Catering and Tourism Corporation (IRCTC) platform will start reflecting these trains for prospective passengers to book tickets after the inauguration. Two Vande Bharat train sets will make four trips during the day between Katra and Srinagar. It has two travelling classes Chair Car (CC) and Executive Class (EC) with tickets costing Rs 71 ...Read More >
These trains feature modern amenities, such as foldable snack tables, mobile and bottle holders, fast-charging ports, radium-lit flooring, and improved seating. (Representative image) With the launch of four new non-AC Amrit Bharat trains by Prime Minister Narendra Modi on Friday, Bihar has now become the originating point for five of these upgraded, high-tech trains designed to serve the economically weaker sections. This gives the poll-bound state the distinction of hosting the highest number ...Read More >
Mumbai: While the Nagpur-Mumbai Samruddhi Expressway is now fully operational, a crucial extension of the Mumbai-Nashik Highway from four to eight lanes over a 23-km stretch between Magathane and Vadpe remains incomplete -- even after more than four years of work. The project, whose revised deadline was Feb 2025, continues to be behind schedule.The widening of this stretch was supposed to be completed before the Samruddhi Expressway was opened, in order to accommodate the anticipated surge in traffic. Now that the expressway is live, vehicles from Mumbai and Thane traveling towards Nashik via ...Read More >
Katra (Jammu and Kashmir) [India], June 6 (ANI): As Prime Minister Narendra Modi is set to flag off two Vande Bharat trains in Jammu and Kashmir between Katra and Srinagar, Union Railway Minister Ashwini Vaishnaw said that this move will significantly boost tourism and the economy in the territory. Speaking to ANI on Thursday, the Union Railways Minister stated that Indian Railways is constructing five terminals from Baramulla (Kashmir) to Jammu, which will henceforth help in boosting the economy of the region. 'This will give a good jump to tourism. The economy will receive a significant be ...Read More >
Katra (Jammu and Kashmir) [India], June 6 (ANI): As Prime Minister Narendra Modi is set to flag off two Vande Bharat trains in Jammu and Kashmir between Katra and Srinagar, Union Railway Minister Ashwini Vaishnaw said that this move will significantly boost tourism and the economy in the territory. Speaking to ANI on Thursday, the Union Railways Minister stated that Indian Railways is constructing five terminals from Baramulla (Kashmir) to Jammu, which will henceforth help in boosting the economy of the region. 'This will give a good jump to tourism. The economy will receive a significant be ...Read More >
The rail connectivity to Kashmir has not only shored up the economy of the Valley but also ensured cost-effective and efficient transportation of famed apples from Kashmir to other parts of the country. "On Saturday, an apple goods train with 10 wagons was operated from Anantnag Railway Station of the Kashmir valley to Adarsh Nagar in Delhi. The three wagons were unloaded at Jammu's Bari Brahmana and seven wagons will be unloaded at Adarsh Nagar Delhi," said senior divisional commercial manager, ...Read More >
SRINAGAR: The inauguration of the Kashmir rail link by Prime Minister Narendra Modi on Friday will unravel a new and fascinating chapter of history for the Valley and its over 7.5 million people, as the all-weather connectivity will not only reduce dependence on the landslide-prone Jammu-Srinagar National Highway (NH 44), but it is also a triumph for the scenic Himalayan region's integration with the rest of the country. Ahead of the PM's visit on Friday, security has been beefed up across Jammu and Kashmir. The Udhampur-Srinagar-Baramulla Rail Link (USBRL) Project has been a mix of ambition ...Read More >