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.
BARGARH: In a shocking case of administrative lapse, an 80-year-old woman of Lakhanpur Kushabari village under Ambabhona block has been wrongly declared dead in official records, leading to discontinuation of her old-age pension for the past three months. The woman, Bedamati Naik, lives with her two sons, both daily wagers, and their families. After being marked dead in government documents, she has stopped receiving pension for three consecutive months, putting her family in financial distress. Bedamati said, "I received my last pension three months back. I went to my maternal home for a few days. After coming back, I did not receive my pension for two months. This month, my grandson went to enquire about the pension and was informed that I had been marked as deceased. I want to appeal to the government that I am alive. Please do not remove my name from the list of beneficiaries. I am in need of both pension and ration." Bedamati's grandson, Madhav Naik (24) said the incident has emotionally affected her. "She used to buy her medicines with the pension money and save the rest. Now, she is reluctant to ask us for help, even though we are doing our best to support her. We hope the block authorities rectify the error soon," he said. The matter came to light after a complaint was submitted to the Ambabhona block development officer (BDO) on Tuesday. The block authorities have ordered an inquiry into the incident. Ambabhona BDO Lalit Bag said, "A ward member from Lakhanpur Kushabari village lodged a written complaint in this regard. I have ordered an inquiry into the matter. Based on the inquiry report, the problem will be resolved, and strict action will be taken against those found responsible for the error."
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 years, basic accounts/PM Jan Dhan Yojana accounts, or those opened before July 31, 2025.Meanwhile, HD ...Read More >
The Bihar government on Thursday (June 5, 2025) sanctioned compensation of ₹8.25 lakh under the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989, to the family members of the 11-year-old Dalit girl who was raped and brutally assaulted with a knife, and later succumbed to her injuries at the Patna Medical College and Hospital (PMCH) on June 1. The State also announced a monthly pension of ₹7,700 for the victim's family, in addition to the allotment of a house under the Mukhyamantri Awas Yojana. According to officials, the girl, who was transferred from Muzaffarpu ...Read More >
Mumbai (Maharashtra) [India], July 19 (ANI): A contingent of 23 athletes supported by Reliance Foundation look to compete at the World University Games across six cities in Germany, with events running until July 27. Representing athletics, archery, and judo, these young talents aim to improve international rankings, achieve personal bests, and bring home laurels. The athletics team forms the backbone of the foundation campaign, with 18 athletes competing in sprints, jumps, throws, hurdles, relay, long jump, decathlon, among other events, beginning July 21, a release said. James Hillier, Di ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health department has urged district administrations to issue a public advisory on JE prevention measures and to i ...Read More >
Chennai: The Greater Chennai Corporation (GCC) will launch the next phase of its flagship citizen outreach programme, 'Ungaludan Stalin', from July 15, bringing a range of civic and welfare services directly to residents across all 200 wards in the city. According to an official release, six wards will host the first set of camps on the opening day -- Ward 25 (Madhavaram Zone), Ward 38 (Tondiarpet Zone), Ward 76 (Thiru-Vi-Ka Nagar Zone), Ward 109 (Teynampet Zone), Ward 143 (Valasaravakkam Zone), and Ward 168 (Adyar Zone). The camps will function between 9 A.M. and 3 P.M. The initiative, pers ...Read More >
Chennai, July 7 (SocialNews.XYZ) The Greater Chennai Corporation (GCC) will launch the next phase of its flagship citizen outreach programme, 'Ungaludan Stalin', from July 15, bringing a range of civic and welfare services directly to residents across all 200 wards in the city. According to an official release, six wards will host the first set of camps on the opening day -- Ward 25 (Madhavaram Zone), Ward 38 (Tondiarpet Zone), Ward 76 (Thiru-Vi-Ka Nagar Zone), Ward 109 (Teynampet Zone), Ward 143 (Valasaravakkam Zone), and Ward 168 (Adyar Zone). The camps will function between 9 A.M. and 3 P ...Read More >
HYDERABAD: Deputy chief minister Bhatti Vikramarka on Sunday stated that the Congress govt will be spending 22,500 crore on the implementation of the Indiramma housing scheme, under which 4.5 lakh houses are being constructed for the poor in Telangana. Construction is already underway for 1.1 lakh Indiramma houses, with work on the remaining units set to begin soon.The govt has sanctioned 4.5 lakh housing units in the first phase of the scheme. The govt is extending 5 lakh financial assistance to the scheme beneficiaries for the construction of houses.'Opposition conspiring'Addressing a public ...Read More >
NEW DELHI: EC on Thursday revised the rules relating to counting of postal ballots, making it mandatory for all postal ballot papers to be counted before the penultimate round of EVM/VVPATs counting is taken up.The new practice will be first implemented in Bihar where assembly polls are due in Nov.This restores the arrangement prior to May 2019, when EC had changed the guidelines to allow EVM counting to proceed regardless of postal ballot counting stage. The 2019 change did not rule out chances of EVM counting being completed before postal ballot counting. INDIA bloc had, during the 2024 elec ...Read More >
Bhubaneswar: Twenty students of Government High School Lankaput, who had gone missing from the school hostel on Monday morning, were found safe near Kolab Reservoir of Koraput district today at around 2 pm. The students, all from classes I to V, were located approximately 10 km away from the hostel. Their parents, who had joined the search, accompanied the children back to the school hostel. The Block Development Officer (BDO), along with the Assistant Block Education Officer and school staff, visited the school to oversee the situation. Counseling sessions are currently underway to understa ...Read More >
Bihar Mukhyamantri Mahila Rojgar Yojana: Rs 10,000 Installment Released for 21 Lakh Women, Check Eligibility, Application Process, And Next Disbursement Dates The Ministry Of Health And Family Welfare has issued an Office Memorandum outlining the Implementation of Revised CGHS Rates. These rates will be effective from 13 October 2025. The new CGHS rates shall apply to all healthcare services availed at CGHS-empanelled Healthcare Organisations (HCOs; Medical Reimbursement Claims of individuals (in r/o Serving, Pensioners and other eligible categories of CGHS beneficiaries); and CGHS, cashless ...Read More >
Amritsar, July 18 (SocialNews.XYZ) Leader of Opposition in Punjab and Congress lawmaker Partap Singh Bajwa, on Friday demanded that Chief Minister Bhagwant Mann immediately convene an all-party meeting in Amritsar to discuss continuing threats to the Golden Temple through threatening emails. Speaking after paying obeisance at Sri Harmandir Sahib, where he was accompanied by Congress MP Gurjeet Singh Aujla, Sukhwinder Singh Danny Bandala and other Congress leaders, Bajwa said that he met with officials of the Shiromani Gurdwara Parbandhak Committee (SGPC). The SGPC officials told him that eve ...Read More >
New Delhi [India], July 17: The rules of performance marketing have changed. What once worked - batch reports, generic creatives, and reactive decision-making - now leads to wasted budgets and missed targets. Today, it's all about speed, precision, and knowing exactly where your next best opportunity lies. Also Read | Wipro Q1 FY26 Results: Tech Giant Reports 11% Rise in Net Profit to INR 3,336 Crore, Announces INR 5 Interim Dividend. That's where performance marketing expert Nipun Taneja steps in. With over $100 million in managed ad spend and more than 15 years of hands-on experience, Tane ...Read More >
Bengaluru, June 6 (SocialNews.XYZ) The political temperature in Karnataka soared after a tragic stampede near the M. Chinnaswamy Stadium in Bengaluru claimed the lives of 11 people during the Royal Challengers Bengaluru's (RCB) IPL 2025 victory celebrations. As grief and anger mount, sharp criticism has emerged from the Opposition, with BJP leaders holding the Karnataka government squarely responsible for the chaos. BJP leader Rajeev Chandrasekhar launched a scathing attack on the Congress administration, calling it "the most inept, corrupt, incompetent and heartless government in all of Ind ...Read More >