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.
New Delhi: The Delhi High Court has dismissed the petition challenging the central government's decision to cancel the security clearance of Turkish cargo operator Celebi Airport Services India Private Limited, which does ground handling at the country's airports. A bench of Justice Sachin Dutta ordered the dismissal of Celebi's petition. The court had reserved the decision on May 13. During the hearing, senior advocate Mukul Rohatgi, appearing for Celebi, had said that while cancelling the security clearance, neither was he given a notice nor was his side heard. Rohatgi, citing Rule 12 of the Aircraft Security Rules, had said that the central government had violated the principle of natural justice. Under this rule, the Director General of Civil Aviation suspends the security clearance and hears the side of the concerned company. If the Director General feels that there is a threat to national security, then he can cancel the security clearance. Rohatgi said that according to the Aircraft Security Rules, it was mandatory to hear the side of the concerned company. He said that all the people working in Celebi company were Indians. Opposing Celebi's petition, the Central Government had said that the decision to cancel the company's security clearance was taken under unforeseen circumstances. Solicitor General Tushar Mehta, on behalf of the Central Government, had said that when there is a threat to the security of the country, it becomes almost impossible for the government to hear the side of the concerned company.
The Cure SMA Foundation of India has praised the government’s recent efforts to address rare diseases, including Spinal Muscular Atrophy (SMA), with over Rs 900 crore allocated for treatment procurement. The foundation urges swift action to implement the procurement process within 45 days, following the Delhi High Court’s directive. SMA, a life-threatening genetic disease, has limited treatment access in India. While the drug Risdiplam has brought hope, collaborative efforts are needed to ensure wider availability. Experts stress the importance of a holistic approach to SMA care, citing Kerala ...Read More >
New Delhi, Dec 4 (PTI) "On the face of it you are a corrupt person. Crores of rupees were recovered from your premises," the Supreme Court on Wednesday told former West Bengal minister Partha Chatterjee, held in an alleged cash-for-job scam in the state. A bench of Justices Surya Kant and Ujjal Bhuyan, which reserved its verdict on the bail plea of Chatterjee, questioned the enforcement directorate (ED) over his continued incarceration saying he cannot be kept inside for an indefinite period. "On the face of it you are a corrupt person. Crores of Rupees were recovered from your premises. Wha ...Read More >
New Delhi, Jan 14 (PTI) The Delhi High Court on Tuesday sought the stand of comptroller and auditor general of India (CAG) on a PIL seeking its 14 reports on city administration to be made public. A bench of Justices Yashwant Varma and Harish Vaidyanathan Shankar asked CAG to explain why its report could not be made public, and posted the hearing on January 24. Also Read | Karnataka Shocker: Woman Throws 4 Children Into Canal in Vijayapura Allegedly Due to Financial Distress, 2 Bodies Recovered. Brij Mohan, a retired civil servant, who filed the PIL said the voters in Delhi must be aware of ...Read More >
New Delhi [India], February 7 (ANI): The Delhi High Court on Friday reserved the order on an application moved by Baramulla MP Engineer Rashid seeking custody parole to attend ongoing parliament session amidst jurisdictional row. However, the National Investigation Agency (NIA), while opposing the custody parole, stated that Rashid Engineer does not need to respond to any questions. They emphasized that this request is generic and pointed out that Engineer has no speech to deliver. Senior Advocate Sidharth Luthra appeared for NIA also argued that taking an oath and campaigning are separate m ...Read More >
New Delhi [India], February 10 (ANI): The Supreme Court (SC) on Monday said that appeals challenging the acquittals of accused persons in the 1984 anti-Sikh riots cases need to be filed seriously by prosecution agencies and not just for the sake of it. A bench of justices, Abhay S Oka and Ujjal Bhuyan, was informed by Additional Solicitor General (ASG) Aishwarya Bhati, who represented the Delhi Police, that the state has asked prosecuting agencies to file Special Leave Petitions (SLPs). Also Read | UP Shocker: Woman Strangulates 2 Daughters, Attempts to Kill Self After Domestic Dispute With ...Read More >
Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. "Large-scale illegal stone mining is taking place in the hills of Karbi Anglong in violation of the Supreme Court order. The SC had banned mining in and around K ...Read More >
The National Investigation Agency (NIA) has filed charges in court against Canada-based gangster-terrorist Satwinder Singh alias Goldy Brar and four others for orchestrating grenade attacks on two Gurugram clubs in December, the agency announced on Saturday. The December 10, 2024 attacks targeted Warehouse Club and Human Club in Sector 29, with investigators linking the violence to a broader conspiracy by the banned Babbar Khalsa International (BKI) to spread communal disharmony across Haryana. The chargesheet names Sachin Taliyan, Ankit, Bhawish and US-based Randeep Singh alongside Brar. All ...Read More >
Guwahati: Assam will soon get three national highway stretches equipped for emergency aircraft landings, including the first such facility in the Northeast, which shares a long border with Bangladesh, Bhutan, Myanmar and China. "The first emergency landing facility on a national highway in North East is expected to be ready in eastern Assam by October, in a boost to national security and disaster preparedness," Chief Minister Himanta Biswa Sarma said on Sunday. Once completed, these stretches will boost Assam's strategic and transport infrastructure, Sarma said. "Once completed, it will supp ...Read More >
New Delhi, Jul 3 (PTI) HDFC Bank CEO and MD Sashidhar Jagdishan on Thursday moved the Supreme Court challenging an FIR of cheating and fraud registered against him on a complaint filed by the Lilavati Kirtilal Mehta Medical Trust, which runs the prominent Lilavati Hospital in Mumbai. Senior advocate Mukul Rohatgi, appearing for Jagdishan, mentioned the matter for urgent listing before a bench of Justices M M Sundresh and K Vinod Chandran. The bench said the matter would be listed for hearing on Friday. "This is an urgent matter. I request for listing tomorrow on behalf of the HDFC bank and ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
New Delhi: The Supreme Court on Friday refused to entertain a plea by HDFC Bank CEO and MD Sashidhar Jagdishan challenging an FIR of cheating and fraud registered against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, which runs the prominent Lilavati Hospital in Mumbai. A bench of Justices P S Narasimha and R Mahadevan noted that the matter was already listed for hearing on July 14 before the Bombay High Court. "We are not inclined to entertain the matter. We will not apply our mind to the merits. If matter is not heard on 14th, you come back. "We hope and trust that high ...Read More >
India launched Operation Sindoor in response to the terror attack in Pahalgam ShowQuick Read Summary is AI-generated, newsroom-reviewed Political leadership forbade targeting Pakistani air defences in initial phase, Captain Shiv Kumar saidCongress criticised the BJP government for "misleading" the public on Operation SindoorOpposition demanded all-party meeting and special parliament session on the issue Did our AI summary help? Let us know. New Delhi: A comment by India's defence attache ...Read More >
New Delhi: The Supreme Court on Friday refused to entertain HDFC Bank managing director Sashidhar Jagdishan's petition seeking the quashing of an FIR lodged against him by Lilavati hospital trust, even as it termed unfortunate the repeated adjournment of a similar plea of his before Bombay HC because of recusal of judges. Appearing for Jagdishan, senior advocate Mukul Rohatgi termed the FIR as "frivolous" and said his client had no role in the entire controversy alleged by the trust. There was an atmosphere of uncertainty because of the FIR, he stressed, and requested a bench of Justices P S N ...Read More >
New Delhi [India], February 3 (ANI): The Supreme Court on Monday sought the Central Forensic Science Laboratory (CFSL) report on the examination of certain leaked audio tapes which allegedly implicate Manipur Chief Minister N Biren Singh for instigating ethnic violence in the state. A bench of Chief Justice of India Sanjiv Khanna and Justice Sanjay Kumar said the CFSL report should be submitted in six weeks in a sealed cover. Also Read | Bengaluru Water Crisis: Residents Brace for Harsh Summer As Groundwater Levels Drop Dangerously Low. The bench then posted the hearing in the week commenci ...Read More >
After the banned CPI (Maoist)'s general secretary Nambala Keshava Rao alias Basavaraju was killed in an encounter with security forces on May 22, Union Home Minister Amit Shah reiterated that Naxalism will be eliminated from the country by March 31, 2026. In the Congress-ruled Telangana, however, B Mahesh Kumar Goud, the Telangana Pradesh Congress Committee (TPCC) president, says that the government should not use iron fist to wipe out Maoists but deal with them through "legal and constitutional means". He has urged the Centre to hold "peace talks" with the Maoists and declare a "ceasefire" w ...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, Jul 1 (PTI) The Delhi High Court on Tuesday set aside the decision of the sentence review board which had rejected a plea for premature release of Santosh Kumar Singh, who is serving life term for the 1996 rape and murder of law student Priyadarshini Mattoo. Justice Sanjeev Narula said there is an element of reformation in Singh and referred the matter back to the sentence review board (SRB) to consider afresh the convict's premature release plea. "I have found some element of reformation in him. The SRB decision is set aside and I have referred back the matter to SRB to consider ...Read More >
The Supreme Court on Friday granted bail to eight convicts in the infamous 1987 Hashimpura massacre case of 38 persons by the personnel of the Provincial Armed Constabulary. IMAGE: File photograph of Muslims in Meerut staging a protest demanding justice in the 1987 Hashimpura massacre case. Photograph: PTI Photo/Rediff archives A bench comprising Justices Abhay S Oka and Augustine George Masih took note of the submissions of senior advocate Amit Anand Tiwari, appearing for four convicts, that t ...Read More >
Punjab farmer leader Jagjit Singh Dallewal's hunger strike enters its 17th day. His health is critical. The Supreme Court urges dialogue between the government and Dallewal. Dallewal demands MSP guarantee and other farmer-centric issues. He has written an open letter to the Prime Minister. Farmers' organizations continue their protests at the Punjab-Haryana border.The Supreme Court on Friday expressed serious concern over the deteriorating health of Punjab farmer leader Jagjit Singh Dallewal, who ...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 >
New Delhi: The Supreme Court on Thursday agreed to grant an urgent hearing on HDFC Bank CEO and managing director Sashidhar Jagdishan's plea challenging an FIR lodged against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, and listed the case for July 4.Senior advocate Mukul Rohatgi mentioned the case before a bench of Justices M M Sundresh and Vinod Chandran and the case has been listed before a bench of Justices P S Narasimha and R Mahadevan.Rohatgi submitted that hearing on Jagdishan's plea before the Bombay High Court was getting delayed as three judges so far recused them ...Read More >
NEW DELHI: The Supreme Court on Friday refused to entertain the plea of HDFC Bank CEO and MD Sashidhar Jagdishan seeking quashing of FIR lodged against him for cheating and fraud by Lilavati Kirtilal Mehta Medical Trust, as it noted that the Bombay High Court is scheduled to hear his plea on July 14.A bench of Justices PS Narasimha and R Mahadevan said that it hopes and trusts that the matter will be taken up on July 14 for hearing. It further observed that it was improper on the part of the Supreme Court to intervene when Jagdishan's petition was listed before the Bombay High Court on July 14 ...Read More >
After the banned CPI (Maoist)'s general secretary Nambala Keshava Rao alias Basavaraju was killed in an encounter between Maoists and security forces on May 22, Union Home Minister Amit Shah reiterated that Naxalism will be eliminated from the country by March 31, 2026. In the Congress-ruled Telangana, however, B Mahesh Kumar Goud, the Telangana Pradesh Congress Committee (TPCC) president, says that the government should not use iron fist to wipe out Maoists but deal with them through "legal and constitutional means". He has urged the Centre to hold "peace talks" with the Maoists and declare ...Read More >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >
Bengaluru, Jul 1 (PTI) The Karnataka High Court on Tuesday heard arguments in a case filed by X Corp India, the Indian arm of Elon Musk-owned social media platform 'X' (formerly Twitter), challenging the authority of government officials to issue content takedown notices under the Information Technology Act. 'X' Corp informed the court that it had recently received a notice from the Ministry of Railways seeking the removal of a video showing a woman driving a car on railway tracks in Hyderabad. Representing the company, Senior Advocate K G Raghavan argued against what he termed a misuse of o ...Read More >
Bengaluru, Jul 1 (PTI) Challenging the authority of the government officials to issue content take-down notices under Information Technology Act, social media giant 'X' on Tuesday argued in Karnataka High Court "What if every Tom, Dick and Harry officer sends notices?" The Union government and the court took strong objection to the language. 'X' Corp informed the court that it had recently received a notice from the Ministry of Railways seeking the removal of a video showing a woman driving a car on railway tracks in Hyderabad. Representing the company, Senior Advocate K G Raghavan argued ag ...Read More >
New Delhi [India], February 3 (ANI): The Supreme Court on Monday sought the Central Forensic Science Laboratory (CFSL) report on the examination of certain leaked audio tapes which allegedly implicate Manipur Chief Minister N Biren Singh for instigating ethnic violence in the state. A bench of Chief Justice of India Sanjiv Khanna and Justice Sanjay Kumar said the CFSL report should be submitted in six weeks in a sealed cover. The bench then posted the hearing in the week commencing on March 24. "Relist in the week commencing on March 24, 2025. It is pointed out that audio clips are sent for ...Read More >
During a June 2 earnings call, Vodafone Idea CEO Akshaya Moondra stated that the company remains engaged with the Union government to seek a resolution. On May 19, 2025, a two-judge bench comprising Justices J.B. Pardiwala and R. Mahadevan dismissed petitions filed by Vodafone Idea, Bharti Airtel, and the Tata Group under Article 32, which sought waivers on AGR interest and penalties. The court reaffirmed that the matter had been conclusively settled through its 2019 ruling and subsequent review ...Read More >
India opened the scoring through Geeta Yadav (11th minute); however, in the second quarter, Belgium equalised through Marie Goenns (25th) The Indian junior women's hockey team made a positive start to its tour of Europe with a 3-2 win over hosts Belgium here on Sunday. India opened the scoring through Geeta Yadav (11th minute). However, in the second quarter, Belgium equalised through Marie Goenns (25th). Soon Belgium took the lead as Louise van Hecke (34th) found the back of the net. India made a valiant comeback and levelled the scores through Sonam (40th). The visitors continued to att ...Read More >
New Delhi: Megastar Amitabh Bachchan's viral cybercrime awareness caller tune, part of the Central Government's campaign to spread awareness about rising cases of cybercrime and fraud, has been discontinued as the campaign officially ends this Thursday. According to NDTV reports, the government has decided to withdraw the pre-recorded message -- which played each time a user made a phone call starting today. The megastar had lent his voice to the initiative aimed at educating the public about digital safety. The caller tune, which played before calls connected, featured Big B advising listen ...Read More >