Abtak Logo

Business News

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.

23
BusinessDec 03, 2024 03:00 PM

Uber launches Shikara bookings in Srinagar's Dal Lake | Srinagar News - Times of India

NEW DELHI: In a major boost to tourism in Jammu and Kashmir, Uber has officially launched its Shikara booking service in the picturesque Dal Lake, offering a seamless and convenient way for tourists to enjoy one of the region's most iconic experiences. Tariq Ahmad, a houseboat owner, welcomed the launch, calling it "a very good step for both Shikara owners and tourists." "It provides a new attraction for visitors, allowing them to experience the beauty of Dal Lake with ease and reliability," he added. Tourists have also expressed their enthusiasm for the initiative. Ratandeep Singh Sodhi, a visitor to Srinagar, shared his appreciation, saying, "It is a very good step. The tourists will benefit as prices on Uber are competitive, making the ride more affordable and accessible." The launch of Uber Shikara services has been met with a positive response from local stakeholders as well. Wali Mohd. Bhat, president of the Shikara Owners Association in Srinagar, said, "We are getting a good response, and we are hopeful that this service will become popular. With Uber, the rates for hiring a Shikara are fixed, ensuring transparency and fairness for both tourists and boat owners." Lieutenant governor, Manoj Sinha, also praised the initiative, congratulating all stakeholders in the tourism sector. "The launch of Uber Shikara services is a testament to the creative ways technology can enhance cultural heritage," said Sinha. He further emphasized that this service would provide visitors with a seamless way to experience the timeless charm of Shikara rides while contributing to the region's tourism growth. (With agency inputs) The TOI City Desk is an indefatigable team of journalists dedicated to bringing you the pulse of cities from across the nation, all day and all night. Our mission is to curate, report, and deliver city news that matters to readers of The Times of India. With a keen focus on urban life, governance, culture, and local issues, we provide a comprehensive view of the ever-evolving cityscapes. Our team works tirelessly to keep readers informed about the latest developments, ensuring that they are connected to the heartbeat of cities across India, right when it happens. The TOI City Desk is a trusted source for staying in touch with the local stories that shape your world.

Comments

Similar News

36
PoliticsBusinessDec 11, 2024 04:52 PM

"Two years have been period of destruction and corruption": LoP Jairam Thakur slams Himachal govt

Shimla (Himachal Pradesh) [India], December 11 (ANI): A Bharatiya Janata Party (BJP) delegation, led by senior leaders, met Himachal Pradesh Governor Pratap Shukla recently to submit a comprehensive 106-page memorandum titled "Kachcha Chittha". The document, which alleges rampant corruption and administrative failures in the two years of Congress rule under Chief Minister Sukhvinder Singh Sukhu, aims to hold the state government accountable for what the BJP describes as a period of "unprecedented mismanagement and destruction." Speaking to the media after meeting the Governor, Himachal Prade ...Read More >

35
OtherPoliticsBusinessJun 05, 2025 10:53 PM

Mumbai News: BJP Leader Demands Marathi Names For Penguin Chicks Born At Byculla Zoo; BMC Response Awaited

Mumbai: The birth of three penguin chicks at Mumbai's Veermata Jijabai Bhosale Udyan and Zoo has sparked an unexpected row not over their care, but their names. BJP functionary Nitin Bankar from the Byculla Assembly constituency has objected to the chicks being given English names, insisting they be named in Marathi instead. The BMC is expected to respond by June 10, after which Bankar will decide his next move. Speaking to The Free Press Journal, Bankar said, "When penguins were brought from abroad, we accepted that their names would be in English. But these chicks were born on the soil of M ...Read More >

40
OtherJun 06, 2025 04:48 AM

J&K stronger than ever: LG Sinha

Katra, Jun 5: Lieutenant Governor Manoj Sinha Thursday said that Jammu and Kashmir was stronger, prosperous than ever and witnessed unprecedented growth under the leadership of Prime Minister Narendra Modi. Inspecting arrangements in Katra ahead of PM Modi's scheduled public meeting on Friday, LG Sinha said, "Inauguration and foundation stone laying of key infrastructure projects are examples of the PM's commitment to J&K to ensure speedy and inclusive development." He said that the much-awaited inauguration of Chenab and Anji Rail Bridge and flag-off of the Vande Bharat trains by PM Modi wo ...Read More >

33
BusinessJun 06, 2025 01:17 PM

J-K LG hails inauguration of Chenab, Anji bridges

Katra (JK), Jun 6 (PTI) Jammu and Kashmir Lieutenant Governor Manoj Sinha on Friday hailed the inauguration of two engineering marvels on the Udhampur-Srinagar-Baramulla Railway Link as a historic moment. "What a momentous day! 06 June, 2025 will go down in history. Hon'ble PM Sh Narendra Modi Ji inaugurated Chenab bridge, the world's highest railway arch bridge & Anji bridge, India's first cable-stayed rail bridge, making the dream of connecting Kashmir to Kanyakumari, a reality," Sinha posted on his X handle. Prime Minister Modi inaugurated the Chenab and Anji bridges and is set to launch ...Read More >

36
PoliticsJun 06, 2025 02:32 PM

Omar rakes up statehood issue, hopes J-K will again be state

Katra (JK), Jun 6 (PTI) Chief Minister Omar Abdullah on Friday raked up the issue of restoration of statehood to Jammu and Kashmir at the flagging off of the maiden train to Kashmir by Prime Minister Narendra Modi in this pilgrim town. "There are four persons on this stage who were present at the inauguration of the Katra railway station (in 2014). You had just won the election, becoming the Prime Minister for the first time. MoS in PMO Jeetendra Singh was present then and our LG Manoj Sinha sahib was discharging duties as MoS Railways and I was here as chief minister. "If you see, by the bl ...Read More >

25
PoliticsJun 06, 2025 03:48 PM

Pahalgam attack Pak design to hurt Kashmir's economy, but we foiled it: PM Modi

Katra, June 6 (UNI) Prime Minister Narendra Modi on Friday said Pakistan engineered Pahalgam terror attack to hurt Kashmir's economy and brotherhood in the country, but its evil designs failed and Indian Armed Forces hit the neighbouring country deep inside. "Pakistan attacked both humanity and Kashmiriyat in Pahalgam. Its intention was to incite riots in India and disrupt the livelihoods of hardworking Kashmiris. By attacking tourists, Pakistan aimed to damage the region's economy and peace," Modi said while addressing a massive gathering. Recalling the start of Operation Sindoor exactly a ...Read More >

36
PoliticsDec 05, 2024 01:39 PM

J&K Police seize vehicles of drug peddler in Srinagar

Srinagar: Continuing their efforts to combat the drug menace, the Jammu and Kashmir Police on Thursday seized two vehicles of peddlers in Srinagar city. A police statement said, "Continuing its efforts to eradicate the menace of drugs from the society, police in Srinagar have seized two vehicles acquired through proceeds of illegal narcotics trade. Srinagar Police have seized two vehicles, a Corolla bearing registration number DL4CNE 6086 and a BMW bearing registration number JK01AF-0047 in case FIR No. 36/2024 u/s 8/21 NDPS Act of Police Station Chanapora from the accused person namely Muda ...Read More >

39
PoliticsJun 06, 2025 11:55 AM

Udhampur-Baramulla rail link will revolutionise travel in region: J-K BJP

Srinagar, Jun 6 (PTI) The Jammu and Kashmir unit of BJP on Friday described the completion of the Udhampur-Baramulla rail link as a "historic moment", and called the project a "precious Eid gift" for the people of the Union Territory. "The Udhampur-Baramulla railway connectivity is not just a feat of engineering, but a symbol of hope, development, and national integration.This is truly a historic moment for Jammu and Kashmir," BJP's J-K spokesperson Altaf Thakur said here. He said the ambitious rail project will revolutionise travel in the region, boost tourism, and open up economic opportun ...Read More >

26
OtherJun 05, 2025 10:46 PM

LG Sinha Reviews Arrangements For Prime Minister's Public Meeting At Katra

KATRA, Jun 5: Lieutenant Governor Shri Manoj Sinha inspected arrangements in Katra on Thursday ahead of Hon'ble Prime Minister Shri Narendra Modi's scheduled Public Meeting on 06th June. The Lieutenant Governor reviewed the preparations to ensure the smooth conduct of the event and directed the officials for strict security, safety measures and seamless coordination among all departments. Hon'ble Prime Minister will dedicate the iconic Chenab Bridge, the tallest railway bridge in the world, Country's first cable-stayed Anji rail bridge and Udhampur-Srinagar-Baramulla Rail Link (USBRL) project ...Read More >

29
PoliticsJun 06, 2025 01:25 AM

J&K LG, CM, Union ministers review arrangements in Katra ahead of PM's visit

Jammu: Jammu and Kashmir Lt Governor, Manoj Sinha, Chief Minister Omar Abdullah and Union ministers Ashwini Vaishnaw and Jitendra Singh reached Katra in Reasi district on Thursday to review arrangements a day ahead of Prime Minister Narendra Modi's visit, officials said. On Friday, the prime minister is scheduled to inaugurate the Chenab bridge and the Anji bridge, India's first cable-stayed bridge, the symbol of the country's engineering excellence, before flagging off Vande Bharat trains to mark the completion of the 272-km Udhampur-Srinagar-Baramulla Railway Link (USBRL) that will provide ...Read More >

33
PoliticsJun 06, 2025 05:33 AM

30 Years In Making: Kashmir's Rail Dream Finally on Track

Srinagar: Railway stations across the Kashmir Valley have been beautifully decked out as preparations peak for Prime Minister Narendra Modi to flag off the inaugural Delhi-Srinagar Vande Bharat Express -- the first-ever train connecting the valley directly to the rest of India. This landmark train will depart from Delhi and travel through Katra, the gateway to the revered Mata Vaishno Devi shrine, before reaching Srinagar. The event marks the successful culmination of one of India's most ambitious infrastructure projects, featuring two engineering marvels: the world's highest railway bridge o ...Read More >

23
PoliticsJun 06, 2025 03:31 PM

Pakistan attacked 'insaniyat', Kashimiriyat in Pahalgam: PM Modi

NEW DELHI: Prime Minister Narendra Modi on Friday accused Pakistan of attacking 'insaniyat' and Kashmiriyat by targeting tourists in Pahalgam, saying the intent was to trigger communal clashes in India and rob Kashmiri people dependent on tourism of their livelihoods. The prime minister was speaking after flagging off the first train service to the Kashmir Valley, and inaugurating several development projects, including the world's highest railway bridge over the Chenab river and India's first cable-stayed Anji bridge. He said tourism provided employment and acts as a connecting link between ...Read More >

28
BusinessJun 06, 2025 08:16 PM

Breathtaking Visuals Show Newly Launched Vande Bharat Cruising on World's Highest Chenab Bridge After Flagged Off by PM Modi

Jammu: Prime Minister Narendra Modi flagged off the Vande Bharat Express trains connecting Katra to Srinagar, marking a historic moment for railway connectivity in Jammu and Kashmir. The trains crossed the Chenab Bridge, the world's highest railway bridge, shortly after their inauguration. Key Highlights of Newly Launched Vande Bharat: Vande Bharat Express train flagged off by PM Modi from Katra today arrives at Srinagar. School students aboard the New Vande Bharat Express experience pure wonder as they get mesmerised by the beauty of the glorious Chenab Bridge. The newly launched Katra-Sr ...Read More >

19
BusinessJun 06, 2025 06:47 AM

India News | J-K: Security Forces Conduct Inspections in Ramban Ahead of PM Modi's Visit to Katra | LatestLY

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 >

37
BusinessJun 06, 2025 06:29 AM

India News | J-K: Security Heightened at Udhampur Railway Station Ahead of PM Modi's Visit to Katra | LatestLY

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 >

23

Former Air India CMD Ashwani Lohani named new director of PMML

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 >

18
BusinessJun 06, 2025 05:42 PM

India vows to keep up development in Kashmir after tourist attack

NEW DELHI - India is committed to efforts to develop its restive territory of Jammu and Kashmir, Prime Minister Narendra Modi said on June 6, accusing neighbour Pakistan of seeking to destroy livelihoods there with April's deadly attack on tourists. He was speaking on his first visit to the Himalayan region since Islamist attackers targeted Hindu tourists in the popular Pahalgam area, killing 26 men, triggering hostilities between the nuclear-armed neighbours that ended in ceasefire last month. "The atmosphere of development that emerged in Jammu and Kashmir will not be hindered by the attac ...Read More >

21
PoliticsNov 28, 2024 10:54 AM

"Transformed the theme of terrorism to tourism in J-K": COAS General Upendra Dwivedi

Indian Army Chief General Upendra Dwivedi stated that the army has shifted Jammu and Kashmir's focus from "terrorism to tourism" while working towards 'Viksit Bharat 2047.' He emphasized the army's contribution to national security, development, and disaster relief, highlighting its role in achieving a "Progressive" and "Peaceful" India.Chief of Army Staff (COAS), General Upendra Dwivedi said that while moving towards the goal of 'Viksit Bharat 2047,' the army has been able to transform the idea of Jammu and Kashmir from "terrorism to tourism." While addressing an event at Savitribai Phule Pu ...Read More >

26
EntertainmentDec 02, 2024 03:42 PM

Uber rolls out India's first shikara ride on Srinagar's Dal lake, know how to book, timings and more

Uber has launched India's first Shikara ride on Srinagar's Dal Lake, offering a unique and scenic experience. This new service allows passengers to enjoy the tranquil beauty of the lake while riding in a traditional Shikara boat. Booking is easy through the Uber app, with rides available daily from 10 AM to 6 PM. This initiative aims to boost tourism in the region while providing locals with a new way to experience the lake. With Uber's entry into the Shikara market, visitors can now enjoy a blend of modern convenience and traditional charm on Dal Lake. ...Read More >

30
PoliticsJan 14, 2025 05:48 PM

Both Delhi and J&K close to our hearts: Rajnath Singh

Jammu, Jan 14 (VOICE) Defence Minister Rajnath Singh on Tuesday said that the BJP government at the Centre treats Delhi and Jammu and Kashmir equally.Addressing the ninth Armed Forces Veterans' Day programme at Tanda Artillery Brigade in Akhnoor, the Defence Minister praised Jammu and Kashmir Chief Minister Omar Abdullah for his effort to reduce the distance between the hearts of the people of Jammu and Kashmir and Delhi and asserted that the BJP government treats Delhi and Kashmir equally. "Kashmir was treated differently (by previous governments) in the past. As a result, our brothers and s ...Read More >

32
PoliticsJun 06, 2025 02:46 PM

Kashmir To Kanyakumari Rail Network Now A Reality: PM

Jammu: Prime Minister Narendra Modi on Friday described the completion of the Udhampur-Srinagar-Baramulla Rail Link (USBRL) as a historic milestone and a symbol of national integration, as he flagged off the first Vande Bharat train between Katra and Srinagar. Speaking at a massive public gathering in Katra, Modi called the moment "a grand celebration of India's unity and willpower." "With the blessings of Mata Vaishno Devi, Kashmir has now been connected to India's vast railway network," he said. "For decades, the phrase 'Kashmir to Kanyakumari' has represented a dream of national unity -- ...Read More >

16
BusinessJan 27, 2025 03:27 PM

Katra to Srinagar Vande Bharat Express soon: Expected launch date, ticket price, route, and more

Credit: AP | The Vande Bharat Express train arrives at Srinagar railway station during a trial run ahead of its inauguration, which will connect the Kashmir Valley with the rest of India, on the outskirts of Srinagar Katra to Srinagar Vande Bharat Express: The upcoming Katra to Srinagar Vande Bharat Express is set to revolutionise travel in Jammu and Kashmir. This semi-high-speed train service will offer faster, more efficient connectivity between Shri Mata Vaishno Devi Katra (SVDK) and Srinagar, reducing the travel time drastically compared to road journeys. The Vande Bharat Express will co ...Read More >

30

Stampede at RCB event: Bengaluru police chief, key officials suspended

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 >

30
PoliticsJun 06, 2025 11:51 AM

Latest News | Udhampur-Baramulla Rail Link Will Revolutionise Travel in Region: J-K BJP | LatestLY

Srinagar, Jun 6 (PTI) The Jammu and Kashmir unit of BJP on Friday described the completion of the Udhampur-Baramulla rail link as a "historic moment", and called the project a "precious Eid gift" for the people of the Union Territory. "The Udhampur-Baramulla railway connectivity is not just a feat of engineering, but a symbol of hope, development, and national integration.This is truly a historic moment for Jammu and Kashmir," BJP's J-K spokesperson Altaf Thakur said here. Also Read | Bodoland Lottery Result Today, June 06, 2025: Assam State Lottery Sambad Friday Lucky Draw Results Declared, ...Read More >

28
PoliticsJun 06, 2025 12:32 PM

PM Modi inaugurates world's highest Chenab rail bridge in Reasi

Katra (J&K), June 6 (UNI) Prime Minister Narendra Modi on Friday inaugurated the world's highest Chenab rail bridge in Reasi district of Jammu and Kashmir. The PM was accompanied by Union Railway Minister Ashwini Vaishnaw, Union minister Dr Jitendra Singh, Jammu and Kashmir Lieutenant Governor Manoj Sinha and Chief Minister Omar Abdullah. Before the inauguration, the PM inspected the bridge and spoke to the engineers and the labourers, who turned the dream into a reality. The Chenab rail bridge is the architectural marvel; it is located at a height of 359 meters above the river, and is the ...Read More >

26
OtherJun 06, 2025 02:06 PM

PM Modi Has Fulfilled Dream Of National Integration Envisioned By Sardar Patel, Dr. Syama Prasad Mookerjee: LG Sinha

KATRA, Jun 6: Lieutenant Governor Manoj Sinha on Friday said that the dream of a truly united India -- from Kashmir to Kanyakumari -- is no longer a mere slogan, but a lived reality, thanks to the visionary leadership of Prime Minister Narendra Modi, who has dedicated the Kashmir rail project to the nation. Addressing a gathering after PM Modi inaugurated Chenab Bridge, Anji Bridge and flagged off train to Kashmir, LG Sinha said, "By flagging off the Vande Bharat trains and dedicating the Kashmir rail project to the country, Prime Minister Narendra Modi has physically and emotionally united t ...Read More >

24
OtherBusinessEnvironmentJun 06, 2025 04:53 AM

Odisha to plant 7.5 crore saplings in a yr: CM | Bhubaneswar News - Times of India

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 >

25
PoliticsJun 06, 2025 01:09 PM

PM flags off Katra-Srinagar train, dedicates USBRL project to nation

Katra (J&K), June 6 (UNI) Prime Minister Narendra Modi on Friday dedicated the Udhampur-Srinagar-Baramulla Rail Link (USBRL) project to the nation by flagging off the Vande Bharat train to Srinagar from Katra railway station in Reasi district of Jammu and Kashmir. Modi was accompanied by Union Railway Minister Ashwini Vaishnaw, Union Minister Dr Jitendra Singh, Jammu and Kashmir Lieutenant Governor Manoj Sinha and Chief Minister Omar Abdullah. The PM flagged off Vande Bharat in line with his commitment to boost rail infrastructure and connectivity in the region. The 272 km-long USBRL projec ...Read More >

33
BusinessJun 06, 2025 01:08 PM

First J&K visit after Pahalgam incident: PM Modi inaugurates Chenab, Anji bridge; flags off Vande Bharat train; top developments | India News - Times of India

NEW DELHI: Prime Minister Narendra Modi on Friday inaugurated two landmark infrastructure projects -- the Anji bridge, India's first cable-stayed rail bridge, and the Chenab bridge, the world's highest railway arch bridge. Waving the national flag, PM Modi marked the inauguration of the Chenab bridge that stands 359 metres above the riverbed.Jammu and Kashmir Lt governor Manoj Sinha, former CM Omar Abdullah, and railway minister Ashwini Vaishnaw were present at the event. The Prime Minister is also scheduled to flag off Vande Bharat Express trains connecting Shri Mata Vaishno Devi Katra and Sr ...Read More >

18
PoliticsNov 18, 2024 05:26 AM

LG for exemplary action against those aiding, abetting terror ecosystem

JAMMU, Nov 17: Lieutenant Governor, Manoj Sinha chaired a high-level meeting of senior civil, police officials and DCs, SSPs of Jammu Division to review the progress of development projects and security situation in the region. Follow the Daily Excelsior channel on WhatsApp The meeting was attended by Chief Secretary, Atal Dulloo; DGP, Nalin Prabhat; Principal Secretary, Home, Chandraker Bharti; ADGP (Law & Order) Vijay Kumar; ADGP, Jammu, Anand Jain; ADGP, CID, Nitish Kumar; Principal Secretary to Lieutenant Governor, Shri Mandeep Bhandari; Divisional Commissioner, Jammu, Ramesh Kumar; DIGs ...Read More >