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.
Nagpur: The Nagpur Municipal Corporation (NMC) has identified 10 chronic nullah stretches across eight of its 10 zones where citizens are rampantly dumping garbage, nullifying pre-monsoon cleaning efforts and putting thousands of homes at risk of flooding. With 227 open drains spread across the city and rainfall intensifying, NMC officials warn that urban flooding is no longer just a possibility -- it's a man-made inevitability.Despite deploying heavy machines and sanitation teams across key zones, the problem persists. Drains that were desilted only weeks ago are once again clogged with plastic bottles, wrappers, footwear, and kitchen waste thrown recklessly by residents.Currently, cleaning is underway at major drains including Tirpude College to Gudadhe House in Dharampeth, near Adarsh Sanskar School in Hanuman Nagar, Chitnavis Bhavan nullah in Dhantoli, Tajbagh nullah in Nehru Nagar, and the notorious Hattinala in Gandhibagh. In Lakadganj, Dipti Signal Railway Crossing drain is being cleared, while in Ashi Nagar, workers are tackling blockages at the Sai Mandir and North Canal nullahs. CMPD nullah in Mangalwari is also on the radar due to repeated choking.In contrast, Laxmi Nagar and Satranjipura zones report no active cleaning despite being flood-prone. "Some drains are cleaned in the morning and by afternoon, they're stuffed again with garbage," said additional municipal commissioner Vasumana Pant. "This isn't just an issue of manpower or machines -- it's a question of public responsibility. Nagpur's nullahs are not garbage bins."Gandhibagh leads the city with 51 nullahs, followed by Dharampeth (35), Mangalwari (29), Laxmi Nagar and Ashi Nagar (18 each), Nehru Nagar (15), Satranjipura (22), Dhantoli and Hanuman Nagar (14 each) and Lakadganj having 11.Sanitation workers on the ground echo the same frustration. "We're pulling out polythene bags, broken chairs, liquor bottles -- you name it," said Raju, a nullah cleaning worker deployed in Gandhibagh. "Sometimes, we clean a stretch and within two days it's worse than before," he rues.Another worker in Ashi Nagar added, "It's dangerous for us. Many a time, the filth includes broken glass, medical waste etc. People think these drains are open dustbins. We can't keep up if this continues."Despite NMC's best efforts, including pre-monsoon desilting and machine deployment, officials admit they are fighting a losing battle. "Machines help, but they can't solve public apathy problem," said chief sanitation officer Dr Gajendra Mahalle, who is monitoring the cleanliness drives. "As monsoon clouds gather, so does the risk -- a flood crisis not born of nature, but nurtured by neglect," he said.Zones--- Nullahs/Canals that choke frequentlyLaxmi Nagar --- Nil Dharampeth --- Tirpude College to Gudadhe House Hanuman Nagar --- Near Adarsh Sanskar School Dhantoli Zone --- Chitnavis Bhavan nullah Nehru Nagar --- Tajbagh nullah Gandhibagh --- Hattinala Satranjipura --- Nil Lakadganj --- DTC Single Line Railway Crossing nullah Ashi Nagar --- a) Sai Mandir nullah, b) North Canal nullah Mangalwari --- CMPD nullah, Nara
New Delhi: The Enforcement Directorate (ED) on Friday carried out searches at 15 places in Mumbai and Kochi in connection with the Mithi River desilting scam that caused a wrongful loss of more than Rs 65 crore to the Brihanmumbai Municipal Corporation (BMC), official sources said. The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities. According to the sources, the searches are being carried out under the provisions of the Prevention of Money Laundering Act (PMLA) at locat ...Read More >

Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Former Manipur CM N. Biren Singh stated that efforts are underway to establish a popular government in the state, currently under President's rule. He expressed optimism about forming a new government soon, emphasizing the BJP and its allies' desire for restoration of popular governance.Former Manipur chief minister N Biren Singh on Saturday said efforts are underway for setting up of a popular government in the state which is now under President's rule. Speaking at the sidelines of a programme at BJP state headquarters, Singh expressed hope that a new government will be formed in Manipur soo ...Read More >

New Delhi: Most parts of India are likely to receive above-normal rainfall in July, the Weather department said on Monday, asking authorities and people in central India, Uttarakhand and Haryana to stay alert due to the risk of flooding even as some parts of the country are facing the fury of the monsoons. In rain-induced damages in parts of Himachal Pradesh, while buildings collapsed, landslides and road blockades added worries to the woes of the people in the hill state on Monday. With major rivers in north Odisha in spate, the state government has started evacuating people from low-lying a ...Read More >

Himachal Pradesh weather update: The impact of the heavy rainfall extends well beyond Mandi, with more than 129 roads across Himachal Pradesh blocked due to landslides and flooding. Himachal Pradesh's Mandi district remained the worst-affected on Tuesday as torrential overnight rains led to an overflowing Beas River, causing floods in Karsog, Dharampur, Pandoh, and Thunag areas. Villages and markets witnessed flood-like conditions as overflowing streams and rivers entered the areas, damaging houses and roads. The India Meteorological Department (IMD) has issued a red alert in parts of the sta ...Read More >

Itanagar, Jun 7 (PTI) The flood situation in Arunachal Pradesh improved on Saturday with water levels of most rivers receding, even as 33,000 people in 24 districts remained affected, officials said. Twelve people lost their lives and one person went missing in rain-related incidents, including landslides, after the monsoon set in, they said. In its daily report, the State Emergency Operation Centre (SEOC) said 33,200 people in 215 villages remained affected due to floods and landslides in the state. The water levels of most major rivers and their tributaries were showing a receding trend o ...Read More >

New Delhi: The Aircraft Accident Investigation Bureau (AAIB) is probing from all angles, including sabotage, in the Air India plane crash in Ahmedabad that killed 274 people on board and on the ground last month, Minister of State (MoS) For Civil Aviation Murlidhar Mohol said. Mohol said the black box of the Air India flight AI 171 that has been recovered is in AAIB's custody and will not be outside the country for a thorough assessment. The MoS was speaking at the Pune chapter of the Emerging Business Conclave. "It (plane crash) was an unfortunate incident. The AAIB has begun a full investig ...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 >

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 >

Shimla (Himachal Pradesh) [India], June 26 (ANI): Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Thursday has directed all the Deputy Commissioners of the State to stay alert and ensure 24/7 availability for the public to deal with the unfolding situation efficiently, keeping in view the adverse weather conditions. According to an official statement from the Chief Minister's Office (CMO), while reviewing the situation in the State with district administrations virtually from Shimla today, he asked all Deputy Commissioners to conduct relief and rehabilitation operations for a ...Read More >

Rainfall is expected to continue in Himachal Pradesh in coming days, with heavy to very heavy rainfall also likely at some places. The India Meteorological Department (IMD) has issued a low to moderate flash flood alert for Mandi, Kullu, Hamirpur, Shimla, Sirmaur and Solan districts for the next 24 hours. The weather office said surface run-off or inundation may occur at some fully saturated soils and low-lying areas due to expected rainfall occurrence. During the last 24 hours, extremely heavy ...Read More >
JAMMU: Three persons, including two minors, drowned while four others were rescued as flash floods triggered by heavy rains occurred in different areas of Rajouri, Poonch, Doda and Kathua districts in J&K on Thursday. Meanwhile, a fresh landslide near Satya viewpoint along the Himkoti route blocked the new track to Mata Vaishno Devi shrine atop Trikuta Hills in Reasi district.In Rajouri district, Shaqafat Ali (14) and his cousin Safeena Kousar (11) were out grazing cattle along with a 10-year-old ...Read More >

NEW DELHI: Signalling the government's intent to move ahead with the impeachment motion of Allahabad High Court judge Justice Yashwant Varma, Union Minister Kiren Rijiju on Thursday said that main opposition parties have given their in-principle approval to support the motion in the upcoming monsoon session scheduled for July21-August 21. Rijiju said that the government is yet to decide whether the motion would be brought in the Lok Sabha or the Rajya Sabha. For the Lok Sabha, signatures of a minimum 100 MPs is required. The requirement is the support of at least 50 MPs in the Rajya Sabha. H ...Read More >

Banaskantha (Gujarat) [India], July 4 (ANI): Banaskantha district in Gujarat is facing severe flooding due to heavy rainfall, with Tharad being one of the worst-affected areas. Vehicles are struggling to cross waterlogged roads, causing disruptions to daily life. The India Meteorological Department (IMD) has issued an orange alert for the district, forecasting 'very heavy rain, thunderstorms, lightning, and squalls.' IMD also issued red alert for several areas, including Ahmedabad, Surendranagar, Morbi, Jamnagar, Devbhoomi Dwarka, Porbandar, Rajkot, Sabarkantha, and Banaskantha districts. T ...Read More >

Guwahati, June 5 (SocialNews.XYZ) The flood situation in Assam marginally improved on Thursday, while the situation further improved in other northeastern states, an official said. With two more fresh deaths in Assam, the death toll in seven states, excluding Sikkim, of the region increased to 48. According to the disaster management officials of different northeastern states, out of 48 deaths during the current spell of rain and floods since May 29, at least 21 people died in Assam, followed by 12 in Arunachal Pradesh, six in Meghalaya, five in Mizoram, two in Tripura and one each in Nagalan ...Read More >

Hyderabad: The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) on Friday demolished an illegal commercial structure built over the Patny Nala at Patny Centre in Secunderabad, following complaints from residents affected by recurring waterlogging. According to HYDRAA, the nala, originally meant to be 70 feet wide, had been reduced to just 15-18 feet due to encroachments. Following a detailed inspection, HYDRAA on Friday removed illegal structures constructed over a storm water nala. After restoring the original width of the Patny Nala, SCB officials decided to build retaining ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >

Bhubaneswar/Balasore/ Baripada: The state government Sunday placed the Balasore and Mayurbhaj district administrations on high alert with an impending flood threat looming over the northern part of the state as several major rivers in the region continue to swell, an official said. Rivers such as Budhabalanga, Subarnarekha, Jalaka, Jambhira and Sona are witnessing rising water levels and may cause flooding by Monday, he warned. Balasore Collector Suryawanshi Mayur Vikash has cancelled the leaves of all government employees. The fresh flood situation has panicked people as they are yet to rec ...Read More >

New Delhi, June 30 (PTI) Most parts of India are likely to receive above-normal rainfall in July, the weather department said on Monday, asking authorities and people in central India, Uttarakhand and Haryana to stay alert due to the risk of flooding even as some parts of the country are facing the fury of the monsoons. In rain-induced damages in parts of Himachal Pradesh, while buildings collapsed, landslides and road blockades added worries to the woes of the people in the hill state on Monday. Also Read | Was Samruddhi Expressway Flooded After Heavy Rainfall in Maharashtra? Videos of Wate ...Read More >

The India Meteorological Department (IMD) has issued a red alert for Mumbai and several other parts of Maharashtra due to expected heavy rainfall and thunderstorms over the weekend. The alert, announced on Saturday, highlights the likelihood of intense weather conditions in the coming days, as oligo cyclonic conditions and weak southwest monsoon winds affect the region. On the monsoon situation in Mumbai, IMD Scientist Sushma Nair says, "It is important to understand that the warning issued for the next 24 hours is a Yellow Alert. Meanwhile, a Red Alert was issued for an intense spell of rain ...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 >
Kerala is experiencing intensified monsoon rains, leading to flooding in Ernakulam, Idukki, and Thrissur districts. The IMD has issued an orange alert for seven districts, indicating the possibility of very heavy rainfall. In Wayanad, continuous rains caused the Chooralmala River to swell, raising concerns due to the area's history of deadly landslides. Monsoon rains intensified in Kerala on Thursday with some parts of Ernakulam, Idukki and Thrissur districts getting flooded and the India Meteor ...Read More >
Jalpaiguri: In a first, the West Bengal irrigation department has started receiving a 72-hour weather forecast for Bhutan, thanks to the dispatch of periodic warnings from the National Centre for Hydrology and Meteorology (NCHM) of Bhutan to the Indian Meteorological Department (IMD). The updates will assist in the timely combat of floods. The chief engineer of the Northeast Irrigation Department gets these updates through email. According to the sources of the irrigation department, 71 rivers that originate in Bhutan crisscross the Dooars. Rivers like Torsha, Jaldhaka, Diana, Pana Basra, Ret ...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 >

Hapur (Uttar Pradesh) [India], June 30 (ANI): The Monsoon arrived eight days earlier in India, making several cities experience heavy rainfall and waterlogging, disrupting the lives of people. The Hapur city of Uttar Pradesh is also facing severe waterlogging after incessant rainfall in the area. India welcomed the monsoon on Sunday, arriving eight days ahead of its expected onset date of July 8, according to the India Meteorological Department (IMD). Also Read | Bodoland Lottery Result Today, June 30, 2025: Assam State Lottery Sambad Monday Lucky Draw Results Declared, Check Winners List Wi ...Read More >

(CNN) -- India's financial capital and one of its largest cities has experienced its wettest May in more than a century, with the unusually early arrival of the monsoon season causing a ferocious weekend downpour that turned roads into rivers and flooded a newly inaugurated underground train station. Mumbai, a city of more than 12 million, has recorded more than 400 millimeters of rainfall this month so far, according to data from the Indian Meteorological Department (IMD), with much of the downpour arriving late last weekend. The deluge caused chaos and delays across transport networks, inc ...Read More >
With the monsoon approaching, Delhi Minister for Irrigation and Flood Control Parvesh Verma on Thursday conducted an inspection of key waterlogging hotspots in Mehrauli and issued strict directions to officials to ensure smooth flow of water in all major drains across the city. During the inspection, Verma visited four critical locations -- near Saket Gurdwara, Dargah Mehrauli, Moti Lal Nehru Camp and Kusumpur Pahadi-Qutub Institute area -- all known for chronic drainage issues during the rainy ...Read More >
GUNTUR: In a significant push to urban infrastructure, the Andhra Pradesh government has sanctioned an additional Rs 111.5 crore to strengthen the drinking water supply system in the Mangalagiri-Tadepalli Municipal Corporation (MTMC), represented by Minister Nara Lokesh. Administrative approval was issued by Special Chief Secretary S Suresh Kumar of the Urban Development Department. The new funding is part of a comprehensive project to ensure safe and uninterrupted drinking water supply. A Detailed Project Report (DPR) worth Rs 450.24 crore was earlier prepared to serve 21 villages. Of this, ...Read More >

AFP | Mumbai Email : editor@newsofbahrain.com India India's central bank cut interest rates more than expected yesterday, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighed on the country's outlook. The Reserve Bank of India (RBI) lowered the benchmark repo rate, the level at which it lends to commercial banks, by 50 basis points to 5.5%. A majority of analysts had expected 25-basis-point reduction. The cut was its third in a row and comes a week after government data showed India's economy expanded at its slowest pace for four years in the ...Read More >