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.
JAMMU: The Jammu & Kashmir Branch of the Northern India Regional Council (NIRC) of the Institute of Chartered Accountants of India (ICAI) celebrated the 77th Chartered Accountants Day with zeal and enthusiasm at Royal Park, here. The evening commenced with a seminar on Financial Reporting Practices, under the aegis of Financial Reporting Review Board, ICAI. The session brought together professionals to reflect on the evolving landscape of accounting and the role of Chartered Accountants in strengthening financial transparency. CA Sourav Pargal, Chairman of the J&K Branch, delivered a welcome address at the event. In his speech, he celebrated the Institute's distinguished legacy, applauded the resilience and contributions of its members, and outlined a forward-looking vision aligned with technological innovation and ethical leadership. He extended warm congratulations to the newly qualified Chartered Accountants and acknowledged their remarkable journey to becoming part of the world's largest accounting body. CA Sourav Pargal also paid a special tribute to the parents and families of the new members, recognizing their silent sacrifices and unwavering support as the foundation of their children's success."Behind every successful Chartered Accountant stands a family that has believed, supported, and endured. Today, we celebrate not just the students, but their parents as true partners in achievement," he remarked. CA Suhel Gupta, CA Shivang Sharma and CA Anmol Gupta were the guest speakers for the seminar , they enlightened the members with their insights on Overview of FRRB and commonly found non-compliances of AS, Sch-III and SAs and other provisions of Companies Act, and CARO. The executive Committee of J&K Branch felicitated the newly qualified Chartered Accountants while some were given cash awards for their exceptional academic performance these includes "Late Sh. CA. R.C. Gupta Memorial" award, "Late Smt. Sudesh Sawhney Memorial" award, "Late Sh. Omesh Gupta Memorial" award, "Late Sh. Vinod Gupta Memorial" award, "Late Sh. And Smt. Indu and Om Parkash Gupta Memorial" award & "Late Sh. Mela Ram Pargal Memorial" award to the meritorious students of CA Final examination during 2024. The proceedings of the events were coordinated by RJ Tani, followed by a gala evening featuring engaging games, exciting gifts, a captivating live band performance, and a sumptuous dinner, making it a perfect blend of learning, celebration, and networking. CA. Amit Gupta, Vice Chairman, presented the formal vote of thanks.CA Jatin Malhotra, Secretary, CA. Sanchit Aggarwal, treasurer, CA. Ayush Mahajan & CA. Ayush Sawhney, Executive Memberalong with many Chartered Accountants & their families graced the event with their benign presence.
Srinagar, Nov 27 (UNI) Jammu and Kashmir's Road Transport Corporation (RTC), a crucial backbone of public transportation, has raised serious concerns over the barring of its buses from entering Srinagar city limits. The move has triggered alarm within the Corporation, with officials cautioning about significant disruptions to public transport services and daily commutes, alongside substantial financial losses for the RTC. The restriction, in effect since November 4 when the maiden session of the Assembly commenced, is causing a daily revenue loss of Rs. 4 lakh to the Corporation. In a lette ...Read More >
Srinagar: The Centre on Tuesday announced new reservation and domicile policies for Ladakh, reserving 85% jobs for locals and one-third of the total number of seats in the Ladakh Autonomous Hill Development Councils for women. Both Kargil Democratic Alliance (KBL) and Apex Body Leh (ABL), which are fighting for implementation of the Sixth Schedule of the Constitution in the Union Territory (UT), statehood, a separate public service commission and two Lok Sabha seats for Ladakh, welcomed the noti ...Read More >
New Delhi [India], June 26 (ANI): In a milestone for cancer care in India, President Droupadi Murmu, formally inaugurated the Sri Ganga Ram Hospital (SGRH) Cancer Care Centre and interacted with cancer patients on Thursday. According to an official release, the Sri Ganga Ram Hospital is a cutting-edge facility dedicated to providing comprehensive care to cancer patients. The President ceremonially visited the premises, acknowledging the hospital's pivotal role in delivering ethical and affordable healthcare, marking a presence of pride and recognition for the institution's seven-decade-long ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
Mumbai : ArcelorMittal Nippon Steel India (AM/NS India) has proudly reinforced its role in India's infrastructure transformation by supplying critical steel for two of the country's most iconic railway bridges 70% of flat steel for Chenab Bridge, the world's highest railway bridge, and 100% of steel for the Anji Khad Bridge, India's first cable-stayed railway bridge. The dedication of the iconic Anji and Chenab bridges by Hon'ble Prime Minister Shri Narendra Modi marks a significant step in realizing the vision of Viksit Bharat by 2047. These engineering marvels truly showcase India's will an ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...Read More >
NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...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 >
New Delhi, June 7 (SocialNews.XYZ) In a major boost to connectivity in Jammu and Kashmir, regular services of the Vande Bharat Express between Srinagar and Shri Mata Vaishno Devi Katra commence on Saturday. The Northern Railway has confirmed that the semi-high-speed trains will operate six days a week, significantly reducing the travel time between Kashmir Valley and the prominent pilgrimage hub in Katra. This development marks a transformative step in the region's transport infrastructure. The new Vande Bharat service will cut the travel time between Srinagar and Katra to just three hours, ...Read More >
Katra: Mixing humour with political resolve, Chief Minister Omar Abdullah on Friday used the flagging-off ceremony of the first train to Kashmir by Prime Minister Narendra Modi in Katra to subtly but clearly articulate his government's demand for the restoration of statehood to Jammu and Kashmir. Recalling the opening of the Katra Railway Station -- the last programme of his first government in 2014 -- Abdullah pointed to a "coincidence" that four people present at the event on Friday were also on stage that day. Humorously pointing out the differing career trajectories of the persons involve ...Read More >
New Delhi [India], June 7 (ANI): The Ministry of Statistics and Programme Implementation (MoSPI), in partnership with NITI Aayog and the World Bank as a knowledge partner, organised a two-day National Workshop entitled 'Using Alternate Data Sources and Frontier Technologies for Policy Making.' This event took place at Bharat Mandapam in New Delhi on June 5 and 6. The National Workshop concluded with a Valedictory Session on 6 June. According to the release, the Valedictory Session was graced by Prof. Ajay Kumar Sood, Principal Scientific Advisor (PSA) to GoI as the Chief Guest; Prof. Abhay K ...Read More >
Mumbai, Jun 8 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Sunday said Congress MP Rahul Gandhi, instead of introspecting on the defeat in the 2024 state assembly polls, has been repudiating the mandate given by the people because they rejected him. The leader of opposition in the Lok Sabha is preparing his excuses for future defeats in the upcoming assembly elections, including Bihar, Fadnavis said in his articles published in the Indian Express and Marathi daily Loksatta. On Saturday, Gandhi, in an article published in several newspapers and in posts on X, claimed the 2024 Maharas ...Read More >
New Delhi: Most areas of North India are experiencing heavy rainfall these days, resulting in a drop in the temperature level. The monsoon has become active everywhere except in some parts. Due to late-night rains in some parts of Uttar Pradesh and Bihar, the temperature has dropped. Monsoon rains are also being witnessed in the southern states. Monsoon is also a problem in the northeastern states. Due to continuous rainfall, landslides have occurred in Manipur and Sikkim, blocking many routes. It is still raining, accompanied by thunder, in many areas of the country. The Indian Meteorologica ...Read More >
NEW DELHI, June 28: Parag Jain, one of the brains behind the meticulous planning of 'Operation Sindoor', has been appointed as the new Chief of the Research and Analysis Wing (RAW), officials said here on Saturday. Follow the Daily Excelsior channel on WhatsApp The two-year tenure of Jain, an Indian Police Service (IPS) officer from the 1989 batch of the Punjab cadre, officially begins on July 1. He takes over from Ravi Sinha, who retires on June 30. The decision to appoint Jain as chief of the external intelligence agency was made by the Appointments Committee of the Cabinet earlier this w ...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, Jun 6 (PTI) As the valley delves into jubilation over freshly launched rail connectivity, traders in adjacent Jammu were a bit subdued, apprehending a loss of business because of the travellers bypassing them wholesale straight to Kashmir. As a result, traders' outfits in the district have urged the government to think about the economic impact and address it. "We congratulate the prime minister on this historic step. It will provide Kashmir with all-weather connectivity. But it will inevitably affect business in Jammu. The government must look into this aspect," Jammu Traders' Associ ...Read More >
New Delhi, Jun 27 (PTI) Chartered accountants' apex body ICAI is bullish on the growing global capability centres in the country and expects their number to cross 5,000 in the next two years. Global Capability Centres (GCCs) will benefit the chartered accountants as they offer various services, ICAI President Charanjot Singh Nanda said on Friday. "India is an attractive destination for GCCs," he said and added that currently, there are around 80,000 chartered accountants employed at the GCCs. There are more than 1,700 GCCs in the country. At a briefing, Nanda said the number of GCCs is exp ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
SRINAGAR: The Ghulam Nabi Azad-led Democratic Progressive Azad Party (DPAP), launched in 2022, suffered a major setback as its last two prominent faces returned to the Congress fold on Friday. With this, the former J&K chief minister's ambitious plan to provide an alternative political force in the UT now seems like a closed chapter.In the past few months, Azad himself has not shown any interest in reviving his party as he has not held any meeting.Former ministers Taj Mohiuddin and Ghulam Nabi Sa ...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 >
SRINAGAR, June 28: Lieutenant Governor Manoj Sinha today held a meeting with the members of civil society organisations, religious leaders, elected representatives, trade and business community and discussed the arrangements for forthcoming Shri Amarnath Ji Yatra. Follow the Daily Excelsior channel on WhatsApp Chief Minister Omar Abdullah; Chief Secretary, Atal Dulloo; Special Director General (Coordination), PHQ, SJM Gillani; Principal Secretary to Lieutenant Governor and CEO, Shri Amarnathji Shrine Board, Dr Mandeep K Bhandari; Divisional Commissioner Kashmir, Vijay Bidhuri; Administrative ...Read More >
Gurgaon: A chemist and a lab operator have been arrested for allegedly selling medical termination of pregnancy (MTP) kits illegally. Two separate FIRs were lodged against the accused at Sector 10 and Sector 9A police stations, police said on Friday.The pharmacy was sealed and medical officials have initiated proceedings to cancel its licence. District drugs control officer Suresh Verma said the department received information about illegal sales of MTP kits - also called abortion kits - from Juneja Chemist, located near Civil Hospital. A pregnant woman, who was deployed as a decoy customer, v ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
JAMMU, June 26: Two senior IAS officers of the erstwhile Jammu & Kashmir cadre, Bipul Pathak and Pandurang K Pole, have been assigned significant responsibilities in the Government of National Capital Territory of Delhi (GNCTD). Follow the Daily Excelsior channel on WhatsApp As per an order issued today by the office of the Lt Governor of Delhi, Bipul Pathak, a seasoned bureaucrat from the erstwhile J&K cadre, who is presently serving as Additional Chief Secretary (Industries) and holding additional charge of Additional Chief Secretary (Environment & Forests), has been transferred and appoin ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
New Delhi, Jun 28: Lok Sabha Speaker Om Birla will inaugurate the Annual Conference of Zone II of the Commonwealth Parliamentary Association (CPA) India Region on Monday, June 30, at Tapovan, Dharamshala. The two-day event will bring together representatives from the states of Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, and Punjab, which comprise Zone II of the CPA India Region. The conference will be attended by several senior dignitaries, including Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu, Rajya Sabha Deputy Chairman Harivansh, Himachal Assembly Speaker Kuldeep Singh Pa ...Read More >
Kolkata : The much-anticipated CA Students' National Conference 2025, jointly hosted by the Eastern India Chartered Accountants Students' Association (EICASA) and the Eastern India Regional Council (EIRC) of ICAI, commenced today at the Biswa Bangla Convention Centre, New Town, Kolkata, amidst great enthusiasm and inspiration. The inaugural ceremony was graced by Dr. Sukanta Majumdar, Hon'ble Minister of State for Education, Government of India; Mr. Harsh Vardhan Agarwal, Vice Chairman & MD, Emami Ltd. as Guest of Honour, CA Vishnu K. Tulsyan, Chairman, EIRC and CA Mayur Agrawal, Chairman, EI ...Read More >
In India - the world's largest film-producing country, only 31% of films and series meet key gender equality metrics. The fact that women hold just 12% of the analyzed leadership roles in top 25 entertainment firms is a real eye-opener. These numbers are from the O Womaniya!2024 Report - the most definitive study on female representation in Indian entertainment, championed by Prime Video, researched by Ormax Media, and produced by Film Companion Studios. The report reveals a harsh truth about Indian entertainment: the industry is known for shaping narratives and influencing societal norms, ye ...Read More >