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.
Vadodara: At least 13 people, including two children, were killed when six vehicles fell into the Mahi river after a portion of a 40-year-old dilapidated bridge's deck collapsed near Mujpur village, 27 km from Vadodara city, on Wednesday.At around 7:30 am, a 15 to 20-metre central portion of the 830-m-long bridge collapsed, sending three trucks, a pick-up van, an auto-rickshaw, and a seven-seater vehicle plummeting nearly 50 to 60 feet into the river.Concerns over the crumbling condition of the bridge, built in 1986, were flagged to the state govt in 2022 after which some inspections were carried out and funds were approved recently. Five people who were injured are being treated at the state-run SSG Hospital in Vadodara.A large tanker hung precariously at one end of the damaged bridge, but it was later dragged to safety.The noise of bridge portions falling into the river and desperate cries for help broke the early morning tranquillity of nearby Dabka and Mujpur villages, whose residents mounted a major rescue operation for an hour."The truck suddenly started shaking violently. Before I could understand anything, a portion of the bridge collapsed, and my truck plunged into the river," said rescued driver Ganpat Solanki, who was on his way to Anand.Three teams of the Vadodara fire brigade and one from the NDRF joined the operation, and 13 bodies were fished out by late evening. The deceased were from Anand, Vadodara and Panchmahal districts.The bridge, which opened to the public in 1985, connects central Gujarat to Saurashtra, serving as an alternative to the National Highway and Ahmedabad-Vadodara Expressway. The bridge witnesses constant movement of heavy vehicles like trucks and tankers from the industrial areas of Padra as well as the chemical hub Ankleshwar. Many prefer this bridge to avoid paying toll tax.The incident has rekindled memories of the Morbi bridge collapse in October 2022, which claimed 135 lives, and the 2003 Damanganga bridge tragedy in Daman, where 30 people -- mostly schoolchildren -- lost their lives.
Vadodara, Jul 9 (PTI) Nine persons, including a child, were killed and nine others rescued after a portion of a four-decade-old bridge collapsed in Gujarat's Vadodara district on Wednesday morning, officials said. A slab of the Gambhira bridge, located on Mahisagar river which connects central Gujarat to the Saurashtra region of the state, collapsed, killing nine persons, Superintendent of Police (Vadodara rural) Rohan Anand said. The bridge was located near Padra town in the district. "According to the details available, around nine persons have died and another nine persons have been resc ...Read More >
Vadodara: At least nine people lost their lives after the Gambhira bridge connecting Vadodara and Anand districts of Gujarat collapsed on Wednesday, July 9. Several vehicles plunged into the Mahisagar River. However, a tanker had a close shave as it stopped just at the edge of the broken bridge. A video of the tanker hanging in the middle of the broken bridge surfaced online. In the video, it could be seen that a slab of the Gambhira bridge fell into the river. The front part of the vehicle was on the broken portion of the bridge. Meanwhile, heavy rainfall is reported in several parts of Guj ...Read More >
Transport Minister Ponnam Prabhakar on Wednesday chaired a meeting with senior officials of the Transport department so as to intensify enforcement measures aimed at reducing road accidents across Telangana. The new enforcement action plan will entail strict, district-level enforcement with teams and three State-level flying squads that will embark on surprise checks and take action against traffic violators. The strategy, Mr. Prabhakar said, was devised to ensure continuous enforcement. Teams ...Read More >
As many as 57 students residing at a girls' hostel in Ahmedabad fell ill with food poisoning on Sunday. About 900 girls reside in the hostel, said Ahmedabad Municipal Corporation's Medical Officer, Dr Bhavin Solanki, adding that 57 of them were rushed to a private hospital after they complained of symptoms such as vomiting, diarrhoea, stomach ache, and weakness. While 18 students were admitted, the rest were discharged after outpatient observation, hospital officials said. The condition of tho ...Read More >
Vadodara, Jul 12 (PTI) The search and rescue operations resumed in the Mahisagar River in Gujarat's Vadodara for the fourth consecutive day on Saturday to retrieve the body of a man still missing since the bridge collapse and to remove vehicles and the main slab of structure that fell into the river. The toll in the tragedy rose to 20 on Friday after one more body was recovered from the river and another injured person died at the hospital while undergoing treatment. Also Read | Mahagathbandhan Meeting Today in Patna to Finalise Alliance's Strategy to Take On Ruling NDA in Upcoming Bihar Ass ...Read More >
Hyderabad: Ten individuals were arrested on Monday, March 30, for allegedly storing and selling 414 LPG cylinders worth Rs 21.88 lakh in Hyderabad's Banjara Hills. The seized items included 148 full 19-kg cylinders, 30 full 47-kg cylinders, 35 full 5-kg cylinders, as well as 192 empty 19-kg cylinders, and nine empty 5-kg cylinders. According to the police, the ten accused - Mohd Aamir, Mohd Yousuf, Mohd Ismail, A Rama Rao, Lok Kumar, Mohd Sakruddin, Mohd Muntaz Ansari, Mohd Minaj Ansari, Rajesh Pal, and Ram Raj Singh - sold Hindustan Petroleum (HP) cylinders at a higher price. Mohd Aamir fr ...Read More >
Ahmedabad: Gujarat Chief Minister Bhupendra Patel on Wednesday announced ₹4 lakh solatium for the next of kin of the deceased in the bridge collapse in Vadodara. He also announced ₹50,000 for the injured. Of the nine deceased in the tragedy, six have been identified as Vedika Padhiyar, Naitik Padhiyar, Hasmukh Parmar, Ramesh Padhiyar, Vakhtsinh Jadav, and Pravin Jadav. Some of the injured have been identified as Sonal Padhiyar, Narendrasinh Parmar, Ganpatsinh Rajula, Dilipbhai Padhiyar, Raju Dadubhai and Rajesh Chavda. The Chief Minister, in a post on social media platform X, shared that P ...Read More >
Ahmedabad, Jul 10 (PTI) Three years before the bridge over the Mahisagar river in Gujarat's Vadodara district collapsed, killing 15 persons, an activist had alerted about its "dangerous condition" to a government official, who also admitted at that time that the structure "may not survive long". Social activist Lakhan Darbar, who runs an outfit named 'Yuva Sena', said he had flagged the concerns regarding the bridge during his conversation with a government official in August 2022. He added that despite the precarious condition of the bridge, the agencies responsible did not take timely actio ...Read More >
Gandhinagar (Gujarat) [India], July 13 (ANI): Gujarat Chief Minister Bhupendra Patel has granted administrative approval to the Roads and Buildings Department for the construction of a new two-lane bridge over the Mahi River near Mujpur in Padra taluka, Vadodara district. This bridge will connect Padra and Anklav. According to the release, a detailed project report was recently prepared by the Roads & Buildings Department after surveying the parallel bridge to the accident-affected structure. Following the unfortunate collapse of the existing bridge--which disrupted connectivity between Cen ...Read More >
It has brought Aizawl onto India's railway map after overcoming unprecedented challenges. ShowQuick Read Summary is AI-generated, newsroom-reviewed * The Bairabi-Sairang railway line in Mizoram is ready for operation after 26 years of planning * The 51.38 km line includes 48 tunnels and over 40 bridges, crossing difficult terrain * Travel time between Guwahati and Aizawl will reduce from 18 to under 12 hours by rail Did our AI summary help? Let us know. A railway, first conceptualised 26 ...Read More >
Mumbai: A fire broke out at an offshore installation operated by Oil and Natural Gas Corporation in Mumbai High on Friday evening, leaving 10 personnel with minor injuries. The incident occurred around 5:45 pm at the SHP platform, part of the company's Mumbai High Asset. In an official statement, ONGC said emergency response teams were immediately mobilised and the fire was swiftly brought under control. "A fire incident was reported at approximately 17:45 at ONGC's SHP Platform, Mumbai High Asset. The situation was promptly brought under control and the fire extinguished," the company said. ...Read More >
Gujarat Bridge Collapse LIVE updates: The police stated that nine bodies have been recovered so far, and nine-10 people were rescued. They also expect that the death toll could rise as the rescue and search operations continue. Gujarat Bridge Collapse LIVE updates: At least nine people were killed on Wednesday in Gujarat's Vadodara district, after a five vehicles plunged into the Mahisagar River during the morning rush hour due to the collapse of a portion of a bridge at Padra. According to the officials two trucks, an SUV, a pickup van, and an auto-rickshaw fell into the river. The police ...Read More >
Vadodara, Jul 10 (PTI) The death toll in the Mahisagar river bridge collapse in Gujarat's Vadodara district reached 17 even as a search-and-rescue operation was underway for three persons missing in the incident, officials said on Thursday. Several vehicles plunged into the Mahisagar river after a segment of the four-decade-old bridge, connecting Anand and Vadodara districts, collapsed near Gambhira village close to Padra town on Wednesday morning. The incident had taken place at 7am. "Three persons are still missing and a search-and-rescue operation is underway by at least 10 teams of the N ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
The five passengers in the car -- two men, two women and a 3-year-old girl -- were among the dead Eight people have died and multiple others have been injured after a truck lost control and plowed into other vehicles on a busy highway in India, according to local media reports. The incident occurred on the evening of Thursday, Nov. 13, at around 5:45 p.m. local time, after a Mumbai-bound trailer truck hit at least 13 vehicles on the Bhumkar Bridge-Navale Bridge stretch of the busy Pune-Bengalur ...Read More >
Srinagar, July 09: Chief Minister Omar Abdullah on Wednesday said that Jammu & Kashmir's tourism sector is witnessing a strong revival, with a steady rise in the number of tourists visiting the Union Territory each day.Abdullah, while addressing reporters in West Bengal ahead of the Kolkata Tourism Fair, said, "Tourists are coming back to Kashmir in good numbers. The ongoingAmarnathYatra is proceeding smoothly with heavy footfall on both the Pahalgam and Baltal routes, he said."I spoke to several pilgrims, and they are all happy and satisfied with the arrangements. I have come to Kolkata to ta ...Read More >
Patna: Non-vegetarian dishes have made Bihar's politics spicier on several occasions, and so union minister and senior JD (U) leader Rajiv Ranjan Singh aka Lalan Singh' recent mutton party for party workers and supporters under his Munger constituency was no exception. Lalan Singh listened to problems of common people at Suryagarha in Lakhisarai district of Bihar (part of Munger constituency) to sort them out with local authorities and also threw a mutton party for them, creating a controversy as the feast was organised in the month of saawan. Although Lalan Singh made separate arrangements ...Read More >
Vadodara: Nine persons, including a child, were killed and nine others rescued after a portion of a four-decade-old bridge collapsed in Gujarat's Vadodara district Wednesday morning, officials said. A slab of the Gambhira bridge, located on Mahisagar river which connects central Gujarat to the Saurashtra region of the state, collapsed, killing nine persons, Superintendent of Police (Vadodara rural) Rohan Anand said. The bridge was located near Padra town in the district. "According to the details available, around nine persons have died and another nine persons have been rescued, out of who ...Read More >
Ahmedabad, July 9 (SocialNews.XYZ) Gujarat Chief Minister Bhupendra Patel on Wednesday announced Rs 4 lakh solatium for the next of kin of the deceased in the bridge collapse in Vadodara. He also announced Rs 50,000 for the injured. Of the nine deceased in the tragedy, six have been identified as Vedika Padhiyar, Naitik Padhiyar, Hasmukh Parmar, Ramesh Padhiyar, Vakhtsinh Jadav, and Pravin Jadav. Some of the injured have been identified as Sonal Padhiyar, Narendrasinh Parmar, Ganpatsinh Rajula, Dilipbhai Padhiyar, Raju Dadubhai and Rajesh Chavda. The Chief Minister, in a post on social med ...Read More >
Vadodara, Jul 9 (PTI) Eleven persons, including two siblings, were killed and nine others rescued as several vehicles plunged into the Mahisagar river after a portion of a four-decade-old bridge collapsed in Gujarat's Vadodara district on Wednesday morning, officials said. A slab of the Gambhira bridge, which connects central Gujarat to the Saurashtra region of the state, collapsed, killing eleven persons, Superintendent of Police (Vadodara rural) Rohan Anand said. Visuals from the site showed the entire chunk of the slab of the bridge between two piers has collapsed. The slab collapse cause ...Read More >
New Delhi, July 19 (PTI) The Regional Medical Research Centre in Bhubaneswar, under the Indian Council of Medical Research (ICMR), has developed an advanced malaria vaccine that can prevent plasmodium falciparum infection in individuals and minimise community transmission. The ICMR Delhi has invited Expressions of Interest (EoI) from eligible organisations, companies and manufacturers enthusiastic about the Transfer of Technology for commercial production of "a recombinant chimeric multi-stage malaria vaccine (AdFalciVax) against plasmodium falciparum". The pre-clinical validation of this te ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 GW of renewable projects, while exploring new opportunities in other states. The Group has already e ...Read More >
Hyderabad: Telangana recorded 22,903 road accidents in 2023, which left more than 21,000 people injured and claimed 7,760 lives, according to the latest Crime in India 2023 report released by the National Crime Records Bureau (NCRB). The state accounted for nearly five per cent of all road accidents reported nationwide. Overspeeding remained the leading cause of fatalities, responsible for 6,720 deaths. The overall toll marked a 1.33 per cent rise from 7,559 deaths recorded in 2022. Telangana's accidental death rate stood at 35 per lakh population, higher than the national average of 31.9. T ...Read More >
Agartala (Tripura) [India], July 10 (ANI): A large-scale state-level mock exercise simulating flood and landslide scenarios was successfully conducted across Tripura with special emphasis on West Tripura District by the District Disaster Management Authority (DDMA) under the supervision of the National Disaster Management Authority (NDMA). Vishal Kumar, District Magistrate (DM) of West Tripura, addressed the media following the drill, and highlighted that rescue operations were carried out simultaneously at 13 strategic locations across the district. The central event was staged at the Intern ...Read More >
Vadodara, July 11 (SocialNews.XYZ) The death toll in the building collapse in Gujarat's Vadodara has risen to 18, while two people are still missing. After the tragic collapse of the 40-year-old Gambhira Bridge over the Mahisagar River in Padra, Vadodara, rescue operations continued on Friday with teams from the National Disaster Response Force, the State Disaster Response Force, and local authorities scouring the area. So far, 18 bodies have been recovered, while two people remain missing. Officials confirmed that debris from two trucks, a pickup van, an Eco car, and a rickshaw has been pu ...Read More >
Gandhinagar (Gujarat) [India], July 13 (ANI): Gujarat Chief Minister Bhupendra Patel has granted administrative approval to the Roads and Buildings Department for the construction of a new two-lane bridge over the Mahi River near Mujpur in Padra taluka, Vadodara district. This bridge will connect Padra and Anklav. Also Read | Chennai Power Cut on July 15: Several Parts of Tamil Nadu Capital To Face 5-Hour Outage for Maintenance Work, Check Full List of Affected Areas. According to the release, a detailed project report was recently prepared by the Roads & Buildings Department after surveyin ...Read More >
INDORE: At least two people were killed by an uncontrolled speeding truck that hit several people and multiple vehicles that came in its way on the Airport Road near the Bada Ganpati temple in Indore Monday evening. The driver possibly lost control of the vehicle.The vehicle hit eight to ten pedestrians and vehicles before catching fire and coming to a halt. Police have confirmed three deaths, though eyewitnesses believe the casualty count may be higher. One of the deceased wwas identified as Lakshmikant Soni, a professor of Medicaps university. Another suspected death of a woman is not confir ...Read More >
Bhubaneswar: The Odisha Drivers' Mahasangha, an umbrella body representing drivers of commercial vehicles including buses and trucks, on Sunday called off its five-day-long 'cease work' protest across the state. The strike, which began on July 8, was launched in support of several demands, including the introduction of a pension scheme, provision of rest sheds, and broader welfare measures for commercial vehicle drivers. Announcing the decision to withdraw the agitation, the association's state secretary Manas Debata cited the upcoming visit of President Droupadi Murmu to Odisha as the reaso ...Read More >
Ahmedabad, June 30 (PTI) June is the wettest month in Gujarat since 2015 with rainfall exceeding 288 mm so far, official data shows. Gujarat has recorded 288.70 mm rainfall, or 32.73 per cent of its annual average so far, which is the highest since 2015. The southwest monsoon arrived in Gujarat on June 16 and covered the entire state by June 18. The monsoon broke its previous record of 200.83 mm rainfall recorded in June 2023. South Gujarat region has received the highest rainfall at 532.55 mm, followed by East Central and Saurashtra regions with 245.15 mm and 278.94 mm of rainfall, respect ...Read More >
Anand: The 45-year-old Gambhira Bridge over the Mahisagar River in Padra taluka collapsed in the early hours of Wednesday, plunging four vehicles -- including two trucks, a Bolero jeep, and an Eco car -- into the river. The collapse has left Nine people dead, including a child, and cut off vital connectivity between Central Gujarat and Saurashtra. The incident occurred on Wedneday morning, sending shockwaves through the nearby villages, especially Mujpur. Locals rushed to the scene to assist in the rescue efforts, managing to save three individuals by pulling them from the swift current using ...Read More >