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.

27
BusinessJul 08, 2025 06:49 AM

Private bus operators to go on token strike today

KOCHI: Private bus operators will go on a statewide token strike on Tuesday. The strike has been called by the Bus Owners Joint Committee, an organisation of various bus owners' associations across the state. The private bus operators announced the strike plan following the failure of talks between the joint committee members and the state transport commissioner on Monday. Their primary demands included an increase in student concession fares, withdrawal of limits on long-distance permits, elimination of excessive penalties and withdrawal of the requirement of police clearance certificates for bus crew. "The meeting didn't fetch any results. Our demands are very basic such as timely renewal of permits of existing private buses on their respective routes, and withdrawal of the latest directive making police clearance certificate mandatory for bus workers. If the state government doesn't consider the demands, an indefinite strike will be launched from July 26," said joint committee convenor P V Pradeep. A decision on two of the demands could have been made in a week, but the bus operators were not ready to wait, the transport commissioner said. "All the demands of bus operators were heard in Monday's meeting. Increasing minimum charge of student concession fares from '1 to '5 has to be discussed with the government and various stakeholders. The government has to take a policy decision to address the demand to withdraw the limit of 140km for long-distance permits. We sought one week to decide. But the bus operators were adamant," the transport commissioner said. The strike on Tuesday will be followed by a Bharat bandh called by various trade unions on Wednesday, leaving the public transport sector disrupted for two days.

Comments

Similar News

28
PoliticsNov 27, 2024 12:24 PM

JKRTC flags major concerns over bus entry ban in Srinagar

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 >

27
OtherPoliticsBusinessJun 06, 2025 10:51 PM

Medha Patkar urges people to protect river Rushikulya in Odisha

Berhampur (Odisha), Jun 6 (PTI) Environmental activist Medha Patkar on Saturday appealed to the people of Odisha for protection of Rushikulya river. The government planned to construct a dam in the river Pipalapnaka under Sorada block in the district. While participating in the Save Rushikulya river movement in Ganjam district, she said, "Rivers may be small or big, but they are our mother. We have to protect the rivers from attacks." She attended a meeting were organised by the Rushikulya Banchao Kriyaanusthan Committee (RBKC) and the Centre for Climate Justice, spearheading the agitation a ...Read More >

34
BusinessJun 27, 2025 08:40 PM

EOL vehicles will be impounded at fuel stations from July 1: CAQM

New Delhi/Noida, Jun 27 (PTI) End-of-life vehicles detected at fuel stations or found parked at public places will be impounded and a penalty of Rs 10,000 imposed on four-wheeler owners and Rs 5,000 on two-wheeler owners starting July 1, officials said on Friday. EOL vehicles are diesel vehicles older than 10 years and petrol vehicles older than 15 years. Irrespective of the states they are registered in, they will not be given fuel in Delhi starting July 1, according to directions issued by the Commission for Air Quality Management (CAQM) earlier. Around 500 fuel stations in Delhi have inst ...Read More >

27
OtherJul 08, 2025 06:50 AM

Pvt bus strike call: Govt to hold talks | Thiruvananthapuram News - Times of India

T'puram: State govt is taking steps to prevent a strike by private bus operators in the state. The owners' association announced a one-day token strike to warn govt on July 8 and an indefinite strike from July 22 if the demands are not met.Transport minister K B Ganesh Kumar stated that discussions will be held with bus owners to avoid the strike. "Initially, the transport commissioner will conduct the talks. If these discussions are unsuccessful, I will hold the talks," he added.The strike is be ...Read More >

39
BusinessJul 08, 2025 09:06 PM

India News | Trade Unions, Farmer Bodies to Go on General Strike on Wed; May Disrupt Banking, Other Services | LatestLY

New Delhi, Jul 8 (PTI) Banking, postal and other services are likely to face disruption on Wednesday as more than 25 crore workers affiliated with central and sectoral trade unions have announced to go on strike across the country to protest against new labour codes and privatisation, and press for demands such as minimum wage of Rs 26,000 and old pension scheme, according to union leaders. The general strike is expected to disrupt services in sectors like banking, insurance, postal, coal mining, highway and construction, a trade union official said. Also Read | PM Modi in Brasilia: PM Naren ...Read More >

26

ISI Link, Ransom Calls... How India Foiled A Sinister ISI Plot And Rescued Its Citizens In Iran

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 >

29
PoliticsBusinessJun 07, 2025 03:51 PM

New Delhi [India], June 7 (ANI): Congress leader Jignesh Mevani on Saturday questioned the government over the ceasefire in Operation Sindoor, alleging foreign pressure and demanding clarity on its terms. Mevani accused Prime Minister Narendra Modi of backing down under US influence and asked why the remaining terrorists haven't been caught. 'It's been a month since the government launched Operation Sindoor and claimed to have caught a terrorist. The Prime Minister boasts of a 56-inch chest, says India is a Vishwa Guru, and speaks of vermilion running through our veins. Then why haven't the ...Read More >

38
BusinessJul 08, 2025 02:47 PM

Bharat Bandh on July 9: Key services may be hit as over 25 crore workers announce nationwide strike

PTC Web Desk: India is expected to witness a massive nationwide shutdown (Bharat Bandh) on July 9 as over 25 crore workers from key critical sectors, including banking, insurance, postal services, coal mining, highways, and public transport -- gear up for a day-long Bharat Bandh. The strike has been called by 10 central trade unions and their allied organisations to protest against the Centre's economic and labour policies, which they allege are anti-worker, anti-farmer, and pro-corporate in nature. Who is participating in the strike? More than 25 crore workers are expected to take part in t ...Read More >

26
BusinessJul 08, 2025 05:49 PM

TRC Redefines Its Market Presence by Revamping the Logo

PNN New Delhi [India], July 8: In a strategic move to reinforce its position as a forward-thinking organization, TRC Corporate Consulting Private Limited has revamped its brand identity with the launch of a refreshed logo. TRC rebranding signifies a renewed vision to pivot TRC into a tech-driven global consulting firm, moving ahead firmly to protect organizations against emerging business risk in a dynamic and ever-changing environment. The new logo, imbued with a vibrant green palette, serves as a symbol of progress, vitality, and strategic foresight. Every element has been thoughtfully des ...Read More >

21
OtherDec 03, 2024 02:57 PM

Exploring the Baatara Gorge Waterfall in Lebanon

The Baatara Gorge Waterfall, also known as the "Cave of Three Bridges," is one of Lebanon's most enchanting natural wonders. This unique geological formation in Tannourine has been captivating visitors for centuries. In this article, we'll provide you with a comprehensive guide on how to visit this breathtaking site. From practical tips to essential information, we've got you covered! The ideal time to visit the Baatara Gorge Waterfall is in the springtime, specifically between March and May. Why? Well, this is when the snow from the mountains around melts down, providing water to the fall an ...Read More >

35
BusinessJul 01, 2025 11:05 PM

Maharashtra truckers to go on strike from midnight against e-challans; bus operators defer plan

Mumbai, Jul 1 (PTI) Lakhs of trucks and other goods carriage vehicles in Mumbai and other parts of Maharashtra will go on indefinite strike to oppose the e-challan system for traffic violations, and other demands from Tuesday midnight, transporters said. The operators of buses, including those involved in ferrying school children, however, announced they would postpone their participation in the strike at the request of Chief Minister Devendra Fadnavis, who said the warkaris (Lord Vitthal devotees) would face inconvenience as Ashadi Ekadashi is just round the corner. Taking cognizance of the ...Read More >

32
PoliticsFeb 04, 2025 05:13 PM

BMC Tables Over Rs 74,000-Crore Budget For 2025-26

Mumbai: The Brihanmumbai Municipal Corporation (BMC), considered the richest civic body in the country, tabled its budget of Rs 74,427 crore for 2025-26 at its headquarters in Mumbai on Tuesday. The additional municipal commissioners presented the budget to BMC commissioner Bhushan Gagrani, the state-appointed administrator. BMC is currently run by an administrator since the term of the corporators ended on March 7, 2022. This is the third year of the budget being presented to the administrator, in deviation from the norm where the municipal commissioner presents the budget to the standing co ...Read More >

27
TechnologyJul 01, 2025 02:49 PM

TGSRTC to introduce WhatsApp ticketing, digital bus passes soon

Hyderabad: The Telangana State Road Transport Corporation (TGSRTC) is set to introduce WhatsApp ticketing and digital bus passes, offering passengers a faster and more convenient way to travel. Under the Automatic Fare Collection System (AFCS), commuters will soon be able to book tickets by simply entering journey details through WhatsApp and receiving e-tickets instantly. Digital bus passes will also be issued via the RTC mobile app and verified using handheld ticketing machines by conductors. Transport and BC Welfare Minister Ponnam Prabhakar announced these initiatives during his visit to ...Read More >

26
BusinessJul 04, 2025 03:45 AM

After Nagpur, Ranchi to get AC electric buses soon: Union min | Ranchi News - Times of India

Ranchi: The long awaited Ratu road flyover was inaugurated by Union minister of road transport and highways Nitin Gadkari on Thursday. The 4.18 km long, four-lane project has been built at a cost of Rs 560 crore. Once opened for traffic movement, the flyover will boost the city traffic by doing away with the perennial traffic congestion at Ratu road. Besides inaugurating the flyover, Gadkari also laid the foundation stone for two new flyover projects at the OTC ground in the evening. Various MPs, state transport minister Deepak Birua among others were present on the occasion.Calling the newly ...Read More >

31
PoliticsJul 08, 2025 12:10 PM

Bharat Bandh on July 9: What's open, what's closed? Will banks, schools remain open? Check details

New Delhi: A nationwide strike has been called on Wednesday, July 9, 2025, by a joint platform of 10 central trade unions along with farmers' and rural workers' organisations. According to the reports, over 25 crore workers - from sectors ranging from banking and insurance to postal services to coal mining - are expected to participate in the bandh. The strike, called by a joint forum of 10 central trade unions, has been described as a 'Bharat Bandh' to protest against what the unions label as "anti-worker, anti-farmer, and anti-national pro-corporate policies" of the central government. The ...Read More >

33
OtherJul 08, 2025 03:33 PM

Hyderabad, Know What is Open and What is Closed on Bharat Bandh Day - Details

Hyderabad: Several public services in Hyderabad may be impacted on Wednesday, July 9, as a nationwide Bharat Bandh called by central trade unions is expected to see participation from lakhs of workers across sectors. The strike, backed by a forum of 10 trade unions, is being held in protest against what the unions call "anti-worker, anti-farmer, and pro-corporate" policies of the central government. ...Read More >

26
OtherJul 08, 2025 11:07 AM

Kerala comes to a standstill as private bus operators go on token strike

Thiruvananthapuram, July 8 (SocialNews.XYZ) Normal life came to a standstill across Kerala on Tuesday after around 20,000 private buses were off the roads due to a token strike called by the operators. The operators have been raising demands like an increase in charges for student concessions, steps to check fake concession cards, besides a few other demands for a while now. With the talks with the Transport Commissioner failing, the operators decided to have a token strike on Tuesday. They have warned that if the government fails to address their demands in a week, they will have no other o ...Read More >

21
PoliticsJun 27, 2025 12:32 PM

Delhi CM flags off 105 new DEVI e-buses, inaugurates Narela depot

New Delhi, Jun 27 (PTI) Delhi Chief Minister Rekha Gupta on Friday flagged off 105 new orange-coloured DEVI (Delhi EV Inter-connector) electric buses and inaugurated the newly built Sector A9 depot in Narela, calling it a step towards cleaner and more efficient public transport for the capital. Gupta said the depot was completed in just 90 days and claimed it reflects the BJP government's commitment to deliver on promises made to Delhi residents. She also attacked the previous Aam Aadmi Party (AAP) government, accusing it of pushing Delhi Transport Corporation (DTC) into losses and fostering ...Read More >

31
BusinessJun 30, 2025 05:15 PM

Chennai rolls out first fleet of 120 electric buses, MK Stalin flags off initiative

Chennai, June 30 (SocialNews.XYZ) Tamil Nadu Chief Minister M.K. Stalin on Monday flagged off Chennai's first fleet of low-floor electric buses from the Metropolitan Transport Corporation's (MTC) Vyasarpadi depot, marking a significant step towards greener urban transport in the city. A total of 120 electric buses, worth Rs 207.90 crore, have been introduced under the Chennai City Partnership Programme and Chennai Sustainable Urban Services Programme, with support from the World Bank and Asian Infrastructure Investment Bank. Inaugurating the upgraded electric bus depot at Vyasarpadi, develop ...Read More >

26
BusinessJul 02, 2025 04:14 AM

ELI Scheme gets industry thumbs-up as game-changer for job creation

New Delhi [India], July 1 (ANI): Indian industry leaders have hailed the government's approval of the Employment Linked Incentive (ELI) Scheme as a bold and timely move to tackle India's pressing job creation challenge. The business executives and policy experts believe that the scheme will transform the employment landscape, as it focuses on formalising the workforce, empowering first-time job seekers, and reducing hiring costs for employers--especially in labour-intensive and capital-constrained sectors. Many have compared its potential impact to that of the Production Linked Incentive (PL ...Read More >

15
PoliticsJul 08, 2025 05:12 PM

KSRTC buses to operate on strike day: Minister

Thiruvananthapuram, Jul 8 (PTI) Kerala Transport Minister K B Ganesh Kumar said that state-run KSRTC buses would continue operating on Wednesday, despite central trade unions calling for a nationwide strike. Speaking to reporters, the minister said the Kerala State Road Transport Corporation (KSRTC) had not received any formal notice from trade unions indicating participation in the strike. "There is no situation in KSRTC at present that warrants employees joining the agitation," he said. "As far as KSRTC is concerned, employees are happy and content. The unions have not issued any notice. ...Read More >

26
BusinessJul 09, 2025 10:04 AM

Tamil Nadu: Sanitation workers protest in Thoothukudi, demand better facilities and wages

Thoothukudi (Tamil Nadu) [India], July 9 (ANI): Sanitation workers from the Thoothukudi Corporation staged a protest on Wednesday, demanding better working conditions, the provision of essential equipment, and adequate payment for their services. The workers alleged that they were provided neither gloves nor face masks, essential tools for their safety, and claimed that their pay was insufficient. The protesters further demanded the implementation of the minimum wage, as promised by the Thoothukudi District Administration Chairman in 2024. Police were deployed at the scene to ensure law and ...Read More >

20
BusinessJun 09, 2025 04:42 AM

Flood of infra woes drown Hinjewadi IT Park in Pune | Pune News - Times of India

Pune: Perennial traffic snarls, waterlogged streets and crater-like potholes leading to a frustrating commute has become a daily reality for hundreds of IT professionals trying to get to and from their offices or homes in Hinjewadi -- especially amid rainy conditions.Crowned as Maharashtra's largest IT park, the Rajiv Gandhi Infotech Park in Hinjewadi has crumbled under the heavy downpour witnessed by the city late in May. Techies told TOI they have been taking two hours on average to finish a journey that usually requires 40 minutes. Many were even seen wading through water to get home after ...Read More >

15
PoliticsJun 28, 2025 06:03 AM

100 Devi Buses Flagged Off From Narela | Delhi News - Times of India

New Delhi: Chief minister Rekha Gupta on Friday flagged off 100 Devi electric buses from the newly built Narela bus depot, with a striking change -- the colour has been changed from green to saffron. Traditionally, green signifies eco-friendly practices, and the colour switch has stirred up a debate. AAP Delhi convener Saurabh Bharadwaj said, "BJP wants to hurt Hindu sentiments by painting Devi buses saffron. Stains of vomit, paan, spit and mucus on buses will offend Hindu faith." Defending the move, Gupta said, "Delhi is vibrant and colourful...so, as an experiment, green and orange buses hav ...Read More >

31

BJP's Pradeep Bhandari lauds 10 years of Digital India, accuses INDIA bloc of corruption, nepotism

New Delhi [India], July 1 (ANI): As the Digital India Mission completed 10 years on Tuesday, BJP leader Pradeep Bhandari drew contrast between the BJP and the opposition bloc and said that while the INDI Alliance is associated with 'corruption and nepotism,' the Modi government is associated with the model of development. The BJP leader praised the central government for the success of Digital India and stated that the country now accounts for 50 per cent of global financial transactions, a testament to Prime Minister Modi's development model. Addressing a press conference here on Tuesday, P ...Read More >

30
PoliticsJul 05, 2025 05:41 PM

Tejasvi Surya leads protest demanding completion of Yellow Line Metro in Bengaluru

Bengaluru, July 5 (SocialNews.XYZ) Bengaluru South MP and BJP Yuva Morcha National President Tejasvi Surya led a protest on Saturday demanding the completion of the Yellow Line Metro project in Bengaluru. Hundreds of residents, along with Bengaluru Central MP P. C. Mohan, BJP MLA Ravi Subramanya, and other party leaders, participated in the protest. Demonstrators held placards and raised slogans against the Bengaluru Metro Rail Corporation Limited (BMRCL). The placards read: "Enough of delays, give a final deadline for Yellow Line", "Yellow Line delayed, Bengaluru betrayed." Speaking at the ...Read More >

26
OtherJul 08, 2025 07:34 AM

Private bus strike in Kerala today; KSRTC to operate more services T

Thiruvananthapuram: Private buses have started their statewide token strike on Tuesday morning as operators have decided to protest against the government raising various demands. The strike is expected to disrupt normal life, particularly in remote areas of the state, where private buses are the primary mode of transportation. Meanwhile, KSRTC has announced that additional services will be operated to major locations, including airports, railway stations, and hospitals across the state. Manorama News reported that people are relying on KSRTC buses and autorickshaws due to the strike in vario ...Read More >

18
OtherJul 08, 2025 05:09 PM

KSRTC declares 'Dies Non', directs employees to work on Bharat Bandh day

Thiruvananthapuram: The management of the Kerala State Road Transport Corporation (KSRTC) on Tuesday declared 'dies non' and directed its employees to report for duty on Wednesday, despite a Bharat Bandh call by trade unions. Employees who fail to report will forfeit a day's salary. The management has also declared that all the services of KSRTC will function as normal and has asked employees to report for duty. Earlier, Transport Minister KB Ganesh Kumar said that all KSRTC services would operate as usual on Wednesday despite the strike call by trade unions, including those affiliated with ...Read More >

15

National Herald Case: ED Refutes Gandhi Family's Claim Of 'No Control Over Publisher AJL'

New Delhi: The Enforcement Directorate (ED) on Tuesday told a Delhi court that the Gandhi family's claim of having no control over Associated Journals Limited (AJL), the publisher of National Herald, is false. During the hearing at the Rouse Avenue Court, the agency accused senior Congress leader Sonia Gandhi and Leader of Opposition in Lok Sabha Rahul Gandhi of fraudulently acquiring property worth Rs 2000 crore belonging to Associated Journals Limited (AJL), the original publisher of the National Herald newspaper. Submiting arguments in the National Herald case, the ED reportedly rejected ...Read More >

23
BusinessJul 09, 2025 03:31 AM

Min, KSRTC unions clash over strike | Thiruvananthapuram News - Times of India

T'puram/Kozhikode: Transport minister KB Ganesh Kumar and Left-affiliated trade unions locked horns over KSRTC's participation in Wednesday's national strike against Centre's 'anti-labour' policies. While the minister said that KSRTC buses will run normally and employees won't take part in the strike, Left unions disagreed and said that KSRTC will actively take part in the protest.LDF convener and CITU state president TP Ramakrishnan rejected Kumar's claim that KSRTC workers had not issued a strike notice and said KSRTC Employees Union had submitted one to the KSRTC MD. "The minister should no ...Read More >