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.
Bhubaneswar, July 9 (SocialNews.XYZ) The cease work strike by Odisha bus and truck drivers' association and the nationwide 'Bharat Bandh' call given by various Trade Unions affected normal life in several parts of the state. Drivers across Odisha continued their cease-work strike for the second day on Wednesday, as different rounds of talks between the state government and the association failed to yield any results on Tuesday. The drivers' association continued their strike demanding a written promise or issuance of formal notification regarding the fulfilment of their demands. Transportation services in several parts of Odisha were severely affected due to the strike of the bus and truck drivers. In a video message, the president of Odisha Driver Mahasangha, Prasanta Menduli on Wednesday said, "We thanked the state government for agreeing to fulfil all our demands in the coming days. However, no formal notification was issued by the state government in this regard. We have earlier received such assurances from the state government, but to no effect. We urged the government to take some concrete steps towards fulfilling our demands." Meanwhile, normal life was hit hard in different parts of Odisha on Wednesday due to the Bharat Bandh call by several Trade Unions against the Centre's alleged "anti-worker, anti-farmer, and pro-corporate" labour policies. In Bhubaneswar, members of various Trade Unions on Wednesday staged demonstrations at important places including Master Canteen, Vani Vihar, Jaydev Vihar, etc. The Trade Union members held a protest at the Bhubaneswar Railway station and also blocked main roads in the city. The commuters faced several problems to reach their destinations during the morning. However, the situation later became normal after the intervention of the police who detained several protestors at different places. The protesters also blocked train movement and staged picketing at other major urban areas and industrial towns of the state including, Rourkela, Berhampur, Balasore, etc. The National Vice President of INTUC, Ramachandra Khuntia, on Wednesday said, "We are left with no choice but to protest. For the last several years, workers' demands have been ignored. The government has not convened any proper dialogue or negotiation with Trade Unions. Many promises made in previous years, including the implementation of the 17-point charter of demands, remain unfulfilled." He alleged that the Odisha government is encouraging contractualisation and privatisation across core public sectors like Railways, Defence, and other strategic industries. Khuntia also criticised the delay in implementing the national minimum wage and the lack of proper labour laws that safeguard workers' rights. Biju Shramik Samukhya, the Opposition BJD's Trade Union wing, has also extended full support to the nationwide workers' strike. Expressing solidarity, its President Prafulla Samal said the ongoing agitation reflects the voice of India's working class and demands immediate government attention. Notably, the 'Bharat Bandh', was called by a joint platform of the central Trade Unions, receiving support from farmer organisations and rural worker groups.
BJP member Manas Dutta blamed the previous BJD government and held it responsible for not extending their service agreement which ended in April, 2024. As hundreds of women working as support staff under the Mission Shakti department staged a demonstration outside the Assembly over different issues, the opposition BJD on Monday demanded immediate release of their salaries. While the agitating women were shouting slogans at the Mahatma Gandhi Road leading to the Assembly, the issue was raised in ...Read More >
Mumbai, May 21: The 8th Pay Commission has been officially announced by the Indian government, with no doubt a significant activity for some 1 crore central government employees and pensioners for the consideration of the revisions of salaries and pensions. The primary role of this commission will be to identify the fitment factor, the multiplier used to increase basic pay, and review minimum wages and keep them relevant to the current economic situation. A prominent recommendation from the Staff Side indicates a desire to combine lower pay levels for a fairer wage structure and to facilitate ...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 >
Bhubaneswar: In a landmark step to strengthen early childhood education, the Odisha government has announced the introduction of 'Sishu Vatikas' across all government primary schools starting from the Academic Year (AY) 2025-26. The notification was issued by the Commissioner-cum-Secretary to the Government of Odisha, School & Mass Education Department on Monday and will be published in the Odisha Gazette. As part of this new initiative aligned with the National Education Policy 2020, children aged 5 to 6 years will be enrolled in pre-school education at these specially created centers. The ...Read More >
Bhubaneswar: The Odisha government on Saturday withdrew its earlier decision to de-empanel three leading private sector banks -- Axis Bank, HDFC Bank, and ICICI Bank -- from handling the business and deposits of state government organisations and departments. A notification issued by the state finance department confirmed the reversal, allowing the three banks to continue as empanelled institutions authorised to manage government-related financial transactions. The government had, through a notification dated June 21, 2025, removed the banks from its empanelled list, citing their "poor perfo ...Read More >
Bhubaneswar: Opposition BJD and Congress MLAs Tuesday staged a walkout from the Odisha assembly, accusing the ruling BJP of failing to control prices of essential commodities and resolve the potato crisis in the state. The issues were debated in the House over the admissibility of an adjournment motion moved by the Opposition on price rise of vegetables, pulses, edible oil and fuel. The opposition members took exception to comments made by Food Supplies and Consumer Welfare Minister K C Patra that adverse climate conditions, rates in international and domestic markets, and less production by ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
Puri: Biju Janata Dal President and Leader of Opposition Naveen Patnaik on Sunday made a scathing attack on the BJP-led Odisha government for the deadly stampede at Saradhabali in Puri during this year's Rath Yatra. The tragic incident claimed three lives and left several others injured, further intensifying public outrage over the administration's handling of the grand festival. "Today's stampede, occurring just a day after the abysmal failure of crowd management during the RathYatra that left hundreds injured, exposes the government's glaring incompetence in ensuring a peaceful festival fo ...Read More >
Bhubaneswar (Odisha) [India], June 29 (ANI): Biju Janata Dal chief and former Odisha Chief Minister Naveen Patnaik on Sunday extended his condolences to the victims of the 'devastating incident' that took place early this morning during the Jagannath Rath Yatra near the Gundicha Temple in Puri. Talking to 'X', Patnaik prayed for the speedy recovery of those injured in the stampede. 'I extend my heartfelt condolences to the families of the three devotees who have lost their lives in the tragic stampede at Saradhabali, Puri and I pray to Mahaprabhu Jagannatha for the swift recovery of the devo ...Read More >
Bhubaneswar: The Odisha government on Wednesday formed a four-member team to assist Development Commissioner Anu Garg to complete an inquiry into the Puri stampede within 30 days. Garg has been asked to conduct the administrative inquiry into the death of three persons and the injury to around 50 people in the stampede near Shree Gundicha temple in Puri during the Rath Yatra festivities on June 29. According to an office order issued by the General Administration and Public Grievance department, four Odisha Administrative Service (OAS) officers have been included in the team. Joint Director o ...Read More >
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 >
The Odisha government has formed a high-level ministerial committee, headed by Deputy Chief Minister Pravati Parida, to ensure the smooth execution of the Rath Yatra in Puri on June 27. The committee will oversee all arrangements for the festival, expected to draw around 1.5 million attendees. Preparations are also underway for the Snan Yatra on June 11.The Odisha government has constituted a high-level ministerial committee to ensure the smooth conduct of the upcoming Rath Yatra of Lord Jagannat ...Read More >
Puri: At least three persons, including two women, were killed and around 50 others injured in a stampede near Shree Gundicha Temple during Odisha's Puri Jagannath Rath Yatra on Sunday morning, June 29, officials said. The incident took place around 4 am when hundreds of devotees gathered near the temple to witness Rath Yatra festivities, Puri District Collector Siddharth S Swain said. The injured have been admitted to a nearby hospital, and the condition of six people is critical, he said. "Out of the 50 injured, six people are still unconscious and their condition is very serious," an off ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Bhubaneswar, June 30 (UNI) The Commissionerate Police today arrested three individuals, including a BJP corporator, for assaulting Bhubaneswar Municipal Corporation (BMC) Additional Commissioner Ratnakar Sahu inside the corporation office. The incident sparked widespread resentment among BMC employees, who, along with several BJD corporators and leaders, staged a road blockade on the busy Bani Vihar-Master Canteen stretch in the evening. The protest brought vehicular movement to a standstill for several hours, causing severe inconvenience to commuters. Police later removed the protesters, i ...Read More >
Gandhinagar (Gujarat) [India], July 7 (ANI): Gujarat Chief Minister Bhupendra Patel has directed that all damage to highways, as well as rural and urban roads, caused by heavy monsoon rains, be repaired on a priority basis and restored to their original condition without delay, the Chief Minister's Office (CMO) said in a press release. In a high-level meeting, the Chief Minister emphasised that road networks--crucial for development and daily public transportation--must not remain damaged due to heavy rainfall, and that immediate repairs should be undertaken to ensure their continued operatio ...Read More >
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 >
Bengaluru, Jun 7 (PTI) A 26-year-old man allegedly beheaded his wife following a heated argument on the outskirts of Bengaluru after he suspected her of having an extra-marital affair, police said on Saturday. After killing Manasa, Shankar travelled with her severed head on his scooter to the nearest police station and confessed to the crime, they said. The man was later arrested, police said, adding that the incident occurred at Heelalige village, near Chandapura, Anekal taluk late on Friday. According to the police, the couple were married for over five years and have a four-year-old daug ...Read More >
Bhubaneswar, Jul 3 (PTI) The Odisha government on Thursday sought information from public regarding the stampede that took place near Shree Gundicha Temple in Puri during a ceremony related to ongoing Rath Yatra festivities in which three persons were killed and 50 others injured. The state government through a public notice urged the people to share information, video footage or any other materials related to the stampede which took place early on Sunday for a proper and transparent inquiry into the incident. The public notice issued by the Planning and Convergence department, also mentione ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Hyderabad (Telangana) [India], July 4 (ANI): Congress chief Mallikarjun Kharge on Friday came down heavily on the Rashtriya Swayamsewak Sangh (RSS) over its pitch to reconsider the words 'secular and socialist' from the Preamble of the Indian Constitution while saying that it was 'all talk'. He dared and challenged RSS General Secretary Dattatreya Hosabale and top leaders of the ruling Bharatiya Janata Party (BJP) in the centre to remove the words 'secular and socialist' from the Preamble. 'Days before, I heard that some RSS person said that we should remove Secular and Socialist words from ...Read More >
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 >
Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastrinagar. Dr Lad said he's seen at least three children admitted for dengue this week, with all of the ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >
Bhubaneswar: The state government Wednesday formed a four-member team to assist Development Commissioner (DC) Anu Garg to complete an inquiry into the Puri stampede within 30 days. Garg has been asked to conduct the administrative inquiry into the death of three persons and the injury to around 50 people in the stampede near Gundicha Temple in Puri during the Rath Yatra festivities June 29. According to an order issued by the General Administration and Public Grievance (GA&PG) department, four Odisha Administrative Service (OAS) officers have been included in the team. Joint Director of Estat ...Read More >
Guwahati: The East Khasi Hills district administration will enforce a new set of parking regulations from August 1 to improve urban mobility across Shillong in Meghalaya. The initiative, which spans seven key traffic zones including Sadar, Madanrting, Laban, Mawlai, Rynjah, Lumdiengjri, and Laitumkhrah, aims to organize parking in critical stretches of the city. Ready for a challenge? Click here to take our quiz and show off your knowledge! The Urban Affairs Department has introduced standard hourly parking fees, setting the rate at Rs 20 for two-wheelers and Rs 40 for four-wheelers, with z ...Read More >
Lucknow, Jun 27 (PTI) The Uttar Pradesh Urban Development Department (UDD) has launched a comprehensive plan to ensure cleanliness, lighting, and water arrangements for the upcoming Kanwar Yatra, Sawan Mela, and other festivals, the state government said in a statement on Friday. Principal Secretary of UDD, Amrit Abhijat, has directed urban bodies to carry out daily cleaning operations from 5:00 am to 8:00 am. Special emphasis will be placed on Kanwar Yatra routes and ghats, with dedicated sanitation workers deployed for thorough cleaning. Waste collected during the cleaning operations will b ...Read More >
A tragic stampede occurred at the Gundicha Temple in Puri. Three devotees lost their lives early Sunday morning. The incident took place amidst a large gathering. Devotees had assembled to view the deities. Eyewitnesses reported vehicles triggered the panic. Police response is under scrutiny. Authorities have suspended officials and announced compensation. An investigation into the incident is underway. Three devotees lost their lives early Sunday morning in a stampede outside the Gundicha Temple ...Read More >
Puri Rath Yatra stampede: Following the death of three people and injuries to 50 others in the stampede during the Jagannath Rath Yatra in Puri on Sunday, Odisha CM Mohan Majhi ordered the transfer of district collector, SP and suspended two DCPs. The Odisha government also announced ₹25 lakh ex-gratia each to the next of kin of the deceased. Sunday's tragedy reportedly marks the first time that such a fatal incident has occurred near the Gundicha Temple during Rath Yatra. Some eyewitnesses also told news agencies that there were lapses in crowd management. The stampede occurred around 4 am ...Read More >
Puri, Jun 29 (PTI) Three persons, including two women, were killed and over 50 others injured in a stampede near Shree Gundicha Temple in Odisha's Puri early Sunday during a ceremony related to the ongoing Rath Yatra festivities, officials said. The incident took place around 4.20 am when thousands of devotees had gathered near the chariots parked in front of the temple, they said. The injured have been admitted to a nearby hospital where the condition of six people is stated to be critical. The Gundicha Temple, located around 3km from the 12th century shrine, is the aunt's house of Lord Jag ...Read More >