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.

20
BusinessJul 08, 2025 10:43 AM

School van collides with train in TN's Cuddalore, two feared killed

Cuddalore (Tamil Nadu), Jul 8 (PTI) Two people were feared killed after a school van collided with a running train in Semmanguppam in the district on Tuesday morning, police said. The van carrying students was flung a distance away from the level crossing after it was hit. The loco pilot managed to stop the train after traversing some distance, police said. Senior police officials who reached the spot rushed the injured to the government hospital here. Superintendent of Police S Jayakumar had to rescue the railway gatekeeper who was attacked by the members of the public allegedly for negligence, a police official said. The van driver crossed the track, hardly noticing the approaching train, resulting in the sudden collision, he added. The van was completely smashed due to the impact. Around 7:45 am, the school van carrying the students attempted to cross the railway level crossing Gate No. 170 (a non-interlocked manned gate) between Cuddalore and Alappakkam, and was hit by Train No. 56813 Villupuram-Mayiladuthurai passenger, the railway said. "Tragically, six students have been injured and admitted to the Government Hospital, Cuddalore. A railway relief train with a medical relief van has been dispatched to the site," a release from the railway said, and added that the Divisional Railway Manager (DRM) and branch officers were at the spot. Preliminary inquiry by the railways revealed that while the gatekeeper proceeded to close the gate, the van driver insisted on allowing the vehicle to cross the gate, which should not have been permitted, the release further stated. "A committee of officers from the safety, operation, and engineering branch is investigating the incident," the release said. PTI JSP ADB

Comments

Similar News

26
OtherJun 06, 2025 11:38 AM

KSCA officials moves High Court, seeks quashing of FIR in stampede case

Bengaluru, June 6 (PTI) Karnataka State Cricket Association (KSCA) President Raghu Ram Bhat and a few other office bearers moved the Karnataka High Court on Friday seeking to quash the FIR filed against them in the Chinnaswamy stadium stampede case. Police on Thursday registered an FIR against RCB, event management firm DNA entertainment private limited, and Karnataka State Cricket Association (KSCA). Karnataka Chief Minister Siddarmaiah too on Thursday had instructed the state DGP and IGP to immediately arrest the representatives of RCB, DNA entertainment and KSCA in connection with the sta ...Read More >

32
BusinessPoliticsOtherSportsJun 08, 2025 08:44 PM

World's largest container ship MSC IRINA to make historic debut at Vizhinjam Seaport

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 >

40
PoliticsJun 09, 2025 03:33 AM

Girl found dead inside suitcase in Delhi; family alleges sexual assault - The Shillong Times

New Delhi, June 8: A nine-year-old girl was found stuffed in a suitcase at a neighbour's house in northeast Delhi's Dayalpur area, triggering protests by family members and locals who alleged sexual assault and murder of the minor. Police and paramilitary personnel have been deployed in the area to maintain law and order. Police sources said the perpetrator seems to have fled after stuffing her in a suitcase. Senior officials of the Delhi Police said all angles are being probed, including sexual assault. "We are awaiting the autopsy report to confirm the cause of death. Teams have been for ...Read More >

33
PoliticsDec 18, 2024 02:46 PM

HC raises concern over terminally ill prisoners in state

Mumbai: The Bombay High Court has raised concern over terminally ill prisoners languishing in Maharashtra's jails and asked the state govt to consider proper implementation of an advisory on grant of medical bail or to place them in house arrest. A division bench of Justices Revati Mohite Dere and Prithviraj Chavan on Monday said they visited the Yerwada central prison in Pune on Sunday and met with prisoners, particularly women inmates, and inspected the condition there. The bench referred to a ...Read More >

34
BusinessJan 13, 2025 08:57 PM

Karnataka High Court upholds confiscation of Jayalalithaa's assets

Bengaluru, Jan 13 (PTI) The Karnataka High Court has dismissed on Monday an appeal by J Deepak and J Deepa, the legal heirs of late Tamil Nadu Chief Minister J Jayalalithaa, seeking the release of her assets confiscated in a 2004 disproportionate assets case. Jayalalithaa was convicted by a special court in 2014 for amassing wealth disproportionate to her known sources of income during her tenure from 1991 to 1996. Following her conviction, her properties were confiscated by the authorities. Although she was acquitted by the Karnataka High Court in 2015, then congress government in Karnataka ...Read More >

31
PoliticsFeb 03, 2025 05:05 PM

Congress Leader's Son Found Dead In Patna

Patna: The son of senior Congress leader Shakeel Ahmed Khan was found dead in Patna on Monday, police said. The body of Ayaan Ahmad Khan was found hanging from a ceiling fan at the official residence of his father, the Bihar Congress Legislature Party leader, in Sachiwalaya area here, a senior officer said. Speaking to PTI, Patna Senior Superintendent of Police (SSP) Awkash Kumar said, "Senior officials along with forensic experts have reached the spot and are collecting scientific evidence. The matter is being investigated from all angles." The body has been sent for post-mortem examination, ...Read More >

25
OtherMay 27, 2025 02:29 PM

Sister Anupama, face of nuns' protests against Bishop Franco Mulakkal, leaves convent

Kottayam (Kerala,), May 27 (PTI) Sister Anupama, who was the face of protests against former Jalandhar Bishop Franco Mulakkal in a rape case, has renounced nunhood and gone back to ordinary life, leaving the Catholic convent. For several years, she had been an inmate of a Kuravilangad-based convent, which is functioning under the Latin Catholic diocese of Jalandhar. A group of nuns, led by Sister Anupama, had fought on behalf of the victim nun who had accused Mulakkal of raping her multiple times. "She renounced nunhood and left the convent some time back," a church source told PTI. Howeve ...Read More >

24
BusinessJun 06, 2025 02:31 PM

Actor Shine Tom Chacko''s father dies in road accident

Thiruvananthapuram/Chennai, Jun 6 (PTI) Malayalam actor Shine Tom Chacko's father died in a road accident near Dharmapuri in Tamil Nadu on Friday morning when the family was travelling to Bengaluru, police said. According to a senior police officer in Dharmapuri, the actor suffered a fracture to his left arm, while his brother and mother, who were also in the vehicle, and the driver of the car suffered minor injuries. The incident occurred early in the morning on the national highway from Salem to Bengaluru when the vehicle Chacko's family was travelling in tried to overtake a lorry in front ...Read More >

35
PoliticsJun 06, 2025 06:18 AM

Minor Girl Alleges Mother Let Her Boyfriend Sexually Abuse Her, 2 Arrested

The police have registered a case under the POCSO Act and other relevant sections Haridwar: A former BJP office-bearer in the holy city of Haridwar has been arrested for allegedly allowing her boyfriend and others to sexually abuse her 13-year-old daughter. Sumit Patwal, the woman's partner, has also been arrested, and the police are on the lookout for another accused, said a senior official. The minor had accused her mother of subjecting her to sexual abuse, said Paramendra Doval, Senior Supe ...Read More >

29
PoliticsJun 06, 2025 01:32 PM

Political row brews over Bakrid holiday in Kerala

Thiruvananthapuram, Jun 6 (PTI) The Kerala Government's decision to change Bakrid holiday triggered a political row in the state on Friday with the Indian Union Muslim League (IUML) accusing it of attempting to implement "communal agenda and fascism" in the state. Originally Friday (June 6) was marked as holiday for Bakrid. However, following the reports that the festival would be celebrated on Saturday across the state, on Thursday, the Kerala government announced that Saturday, June 7, will be a public holiday for Bakrid. As per the change, government also declared that June 6 (Friday) wou ...Read More >

36

How Mules Paved The Way For World's Highest Rail Bridge

Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >

36
OtherPoliticsBusinessJun 08, 2025 11:21 AM

Rahul Gandhi dismissing mandate of people as they rejected him: Fadnavis

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 >

24

Andhra Pradesh Engineering, Agriculture And Pharmacy Test Result Declared, Download Here

AP EAMCET Result 2025: APSCHE has declared the results for AP EAPCET today, June 8, 2025. AP EAMCET Result 2025: The Andhra Pradesh State Council of Higher Education (APSCHE) has declared the results for Andhra Pradesh Engineering, Agriculture, and Pharmacy Common Entrance Test (AP EAPCET) 2025 today, June 8, 2025. Candidates who appeared for the examination can login and check their results on the official website, cets.apsche.ap.gov.in. AP EAMCET is now called as AP EAPCET. AP EAMCET Result 2025: How To Download Your Result? Visit the official website, cets.apsche.ap.gov.in.Click on "AP E ...Read More >

24
BusinessJun 08, 2025 09:59 PM

War of words between Kerala Minister and industrialist

Kochi, Jun 8 (PTI) A war of words erupted between Kerala Industries Minister P Rajeev and well-known industrialist Sabu M Jacob over the business environment and investment friendliness in the state. While Rajeeve took a dig at Jacob saying that those who had announced to shift their business from the state were still continuing here, Kitex Groups chairman Sabu Jacob gave a sharp reply saying that Kerala is not the "paternal property" of anybody. The minister and the businessman crossed swords a day after a delegation of Andhra Pradesh government visited Jacob here and invited him to invest ...Read More >

21
TechnologyDec 12, 2024 06:12 PM

Uber launches women-only bike rides in Bengaluru

Bengaluru, Dec 12 (PTI) Ride-hailing app Uber on Thursday launched 'Uber Moto Women,' a first-of-its-kind service in Bengaluru offering women-only bike rides, the company said. In a statement, Uber said that this on-demand two-wheeler service connects female riders with female drivers and is designed to address women's safety and mobility needs while "empowering female drivers with flexible earning opportunities". "Developed based on feedback from women riders and drivers, Uber Moto Women offers a safe, affordable, and convenient commute option for women who prefer to ride with female driver ...Read More >

23
PoliticsFeb 03, 2025 04:38 PM

UDF calls union ministers'' remarks ''immature''

Kochi, Feb 3 (PTI) The opposition Congress-led UDF on Monday intensified its criticism of Union Ministers George Kurian and Suresh Gopi over their recent controversial statements, calling their remarks "immature" and accusing BJP leaders like them of having contempt for Kerala. Addressing reporters here, the Leader of Opposition in the state Assembly, V D Satheesan, strongly criticised the "backward" remark made by Kurian, the Minister of State for Minorities and Fisheries, on Union Budget day, and stated that Kerala has only sought the funds it rightfully deserves from the centre. Taking a ...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 >

20
BusinessJun 06, 2025 08:08 PM

Trade loss worries soar for Jammu merchants with train to Kashmir, as many rejoice

Katra, Jun 6 (PTI) As the valley delves into jubilation over freshly launched rail connectivity, traders in adjacent Jammu were a bit subdued, apprehending a loss of business because of the travellers bypassing them wholesale straight to Kashmir. As a result, traders' outfits in the district have urged the government to think about the economic impact and address it. "We congratulate the prime minister on this historic step. It will provide Kashmir with all-weather connectivity. But it will inevitably affect business in Jammu. The government must look into this aspect," Jammu Traders' Associ ...Read More >

17
OtherJun 06, 2025 06:18 AM

IIT Delhi Student Found Dead At Hostel Room, Was Last Seen On Monday

There were no external injuries on the body. New Delhi: A student has been found dead in his hostel room at IIT Delhi. The room was locked from the inside and there were no external injuries on his body.. Officials said they received a call at the Kishangarh police station on Wednesday about a student not opening the door of his hostel room despite repeated knocking. When they reached the premier institute, police officials found that the door was locked from the inside, and it was forced open ...Read More >

25
PoliticsJun 06, 2025 05:40 PM

Gujarat Cong leader held for 'misleading', 'morale breaking' posts on Operation Sindoor

Ahmedabad, Jun 6 (PTI) Gujarat Congress general secretary Rajesh Soni was arrested on Friday and charged under a tough section of the BNS for allegedly uploading "misleading" as well as "morale breaking" content on a social media platform related to 'Operation Sindoor', police said. After registration of an FIR on Thursday, the Cyber Crime Cell of the state CID arrested Soni in the wee hours over his controversial posts on the operation launched by Indian armed forces to destroy terror hubs in Pakistan and PoK, said Superintendent of Police (CID-Cyber Crime) Bharatsinh Tank. During the May 7 ...Read More >

19
OtherPoliticsBusinessJun 07, 2025 05:51 AM

Himanta visits Hailakandi, Sribhumi relief camps, vows timely infra repair | Guwahati News - Times of India

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 >

15
BusinessDec 03, 2024 06:24 PM

Danfoss to accelerate local manufacturing capabilities of heating, ventilation, AC compressors

Chennai, Dec 3 (PTI) Danfoss, a leader in heating, ventilation, air-conditioning and compressors has set a target to progressively ramp up local manufacturing capabilities over the next five years, supporting the Centre's Make in India campaign, the company said on Tuesday. Danfoss India, a subsidiary of Denmark-based Danfoss, earlier this year committed to a Rs 500 crore investment aimed at developing local manufacturing for HVAC (Heating, Ventilation, and Air-conditioning), and refrigeration compressors and controls. As the country's heating, ventilation, air-conditioning, and refrigeratio ...Read More >

31
BusinessMay 19, 2025 03:41 PM

Andhra: Four children suffocate to death after getting locked in car

Dwarakapudi (Andhra Pradesh), May 18 (PTI) Four children died of suffocation after being trapped inside a parked car in Vizianagaram district, police said on Monday. The children, who were playing outside the house, entered the parked vehicle at around noon on Sunday. "They were unable to exit as the doors of the unlocked car automatically locked after entry," police added. "We believe the car's auto-lock system engaged once the kids got in, trapping them," a police official told PTI, adding that the bodies were discovered six hours later, post-6 pm on Sunday. A case has been registered und ...Read More >

15
BusinessJun 06, 2025 10:26 AM

India's Manufacturers Invest Heavily in AI, ML

New Delhi, Jun 6 (PTI) Almost every manufacturer in India, across various segments covered in a survey, has either invested in artificial intelligence and machine learning technology or is planning to do so, a senior officer from Rockwell Automation said on Friday. While sharing details of the survey, Rockwell Automation India Managing Director Dilip Sawhney told PTI that in a survey on smart manufacturing conducted two years ago, about two-thirds of organisations said they would either have already invested in AI or planned to do so in the next 12 months or thereafter. This figure crossed th ...Read More >

17
BusinessJun 07, 2025 01:23 PM

Union Minister Suresh Gopi visits Shine Tom Chacko in hospital

Thrissur(Kerala), Jun 7 (PTI) Union Minister Suresh Gopi on Saturday visited Malayalam actor Shine Tom Chacko and his mother who were admitted to a private hospital here after sustaining injuries in a car accident a day ago near Dharmapuri in Tamil Nadu, in which the actor's father died. The Union Minister of State for Petroleum, Natural Gas and Tourism told reporters that Chacko has a fracture in his left arm that requires surgery and his mother has a minor crack on her hip. He said that the actor has decided to undergo the surgery after the funeral of his father which is likely to be held ...Read More >

22

Introspect instead of insulting democracy: CM Fadnavis on Rahul Gandhi's poll rigging claim

Mumbai, June 8 (SocialNews.XYZ) Chief Minister Devendra Fadnavis on Sunday debunked all allegations made by Congress leader Rahul Gandhi about rigging and match-fixing in the 2024 Maharashtra Assembly elections. In his articles titled 'Those Rejected by the People Deny the Mandate', published in the same three newspapers where Gandhi's write-ups appeared, CM Fadnavis advised the Congress MP to "accept defeat, introspect on where you went wrong, why your connect with the people is lacking, and what needs to be done." He taunted Gandhi, saying that the latter was preparing excuses for "defeats ...Read More >

26
PoliticsBusinessDec 12, 2024 06:35 PM

Maharashtra violence: Protests in Parbhani after man tears Constitution near Ambedkar statue

The agitators demanded strict punishment for those who insulted the statue. Violent protests took place for the second day in central Maharashtra's Parbhani city on Wednesday over alleged vandalising of a replica of the Indian Constitution, police said. Amid the bandh called by some organisations, a mob indulged in arson and police fired teargas shells in response, a senior official told PTI. How did the protest begin? An unidentified person on Tuesday damaged a replica of the Constitution he ...Read More >

13
PoliticsEntertainmentDec 17, 2024 04:23 PM

Actor Mushtaq Khan's kidnappers also planned to abduct Shakti Kapoor: UP cops - Times of India

NEW DELHI: Police arrested four gang members for kidnapping actor Mushtaq Mohammad Khan from Delhi airport and holding him captive in Uttar Pradesh's Bijnor, while demanding ransom. Officials revealed that the criminals had also planned to kidnap veteran actor Shakti Kapoor by inviting him to a purported event. Bijnor superintendent of police Abhishek Jha disclosed on Saturday that event manager Shivam Yadav lodged a complaint on December 9. The complaint said that on October 15, Lavi, also kno ...Read More >

24
PoliticsMay 26, 2025 03:20 PM

Nilambur bypoll: Anvar pressurises UDF over candidate selection

Malappuram (Kerala), May 26 (PTI) As the crucial Nilambur bypoll is just weeks away, trouble is brewing for Congress-led UDF with former MLA of the constituency and now Trinamool leader P V Anvar exerting pressure regarding its candidate selection. The ex-legislator had said on Sunday that he would support any "devil" being field by the UDF to defeat Chief Minister Pinarayi Vijayan and "Pinarayism". Anvar, however, told reporters here on Monday that that "devil" should have some virtue and would be acceptable to the people of Nilambur and the one who can see the society as equal, cutting acr ...Read More >

21
PoliticsJun 05, 2025 09:50 PM

No headway in search for missing tourist in Meghalaya

Shillong, Jun 5 (PTI) Rescuers on Thursday made no headway in the search for Sonam Raghuvanshi, a tourist from Indore whose husband was found dead in a gorge a few days ago, in Meghalaya's East Khasi Hills district, police said. Heavy rainfall and low visibility affected the search operation in Sohra area. Raja Raghuvanshi (29) and his wife Sonam had gone missing on May 23, hours after they checked out of a homestay at Nongriat village in Sohra area. His body was found on Monday in a gorge 20 km from the village, while a search is underway for his wife. "Extreme weather conditions at Sohra ...Read More >