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.
Bengaluru : In a first for India's tax-tech landscape, ClearTax, the country's leading tax filing platform by fintech company Clear, today announced the nationwide launch of ClearTax AI - a personal, multilingual AI-powered tax assistant designed to make Income Tax Return (ITR) filing accessible, simple, and stress-free for every Indian, regardless of income source, geography, or digital fluency. Tax filers can now file their taxes in under three minutes simply by chatting in their preferred language -- 7 languages including, English, Hindi, Marathi, Kannada, Tamil, Telugu, and Bangla through popular platforms like WhatsApp, Slack, Microsoft Teams, or the ClearTax website. Whether they are salaried professionals, gig workers, freelancers, or first-time filers, individuals can complete the entire process independently, without the need to decipher complex tax forms or depend on intermediaries. ClearTax AI tackles long-standing roadblocks head-on simplifying tax jargon into plain language, automatically selecting the correct ITR form and regime, fetching up to 95% of required data directly from the Income Tax Department, applying all eligible deductions, and providing round-the-clock support across multiple Indian languages. Tax filers need only enter their PAN and upload their Form 16 and broker statements and the AI does the rest. "Our goal is to make tax filing as simple as sending a text message. ClearTax AI is built for India, solving real problems like low digital literacy, language barriers, and lack of expert help. From gig workers to first-time filers in small towns, we're helping millions of Indians file accurately and confidently, in their preferred language," stated Archit Gupta, Founder & CEO of ClearTax. According to government data, over 7.28 crore returns were filed in AY 2024-25 (till 31st July 2024). Yet, over 56% of these were processed offline or with the help of intermediaries, pointing to a systemic issue - a lack of awareness, trust, and simplicity. This problem is especially acute in Tier 2 and Tier 3 cities, where digital adoption remains limited due to language barriers and the perceived complexity of forms. The launch of ClearTax AI also aligns with the recent government move to simplify tax filing for individuals with capital gains up to ₹1.25 lakh allowing them to use ITR-1 or ITR-4. The assistant is equipped to handle such policy changes automatically, ensuring taxpayers benefit from rule updates without needing to interpret legal fine print. With this launch, ClearTax aims to bring 1 crore new tax filers into the fold over the next few years contributing to a more digitally confident and financially included India. For many, this will mark the first time they've filed taxes independently, without the need for agents, advisors or extensive paperwork. ClearTax AI is live and available for use across supported platforms. The company plans to expand support to more regional languages and user segments in the coming months.
Till now there has been no update on the SSC CGL result announcement date and time yet. The Commission conducted the Tier I CGL examination from September 9 to September 24, 2024. The examination was held across the country at various exam centres. The Tier-I exam consisted of Objective-Type, multiple-choice questions on General Intelligence and Reasoning, General Awareness, Quantitative Aptitude, and English Comprehension. Each section had 25 questions, and the maximum mark was 50. The questions were set in English and Hindi except for English Comprehension. The provisional answer key was r ...Read More >
Bengaluru, 4th December 2024- PURE EV, one of India's leading electric two-wheeler manufacturers, has unveiled an ambitious roadmap to strengthen its presence nationwide and expand globally while introducing innovative solutions for sustainable mobility. Over the next 30 months, the company aims to add 250 new dealerships, taking its total network to over 320 across India. The expansion will be driven by the growing demand for long-range scooters, electric motorcycles, large B2B contracts, and the company's entry into the house-hold brand space. Dr. Nishanth Dongari, Founder & MD of PURE EV, ...Read More >
Mumbai, Dec 12 (PTI) Malayalam superstar Mohanlal says he will definitely come and work in Hindi movies if filmmakers in Bollywood offer him roles. One of the most influential Malayalam cinema stars, Mohanlal has been part of over 300 films, including all time hits such as "Manichitrathazhu", "Kireedam", "Bharatham", "Drishyam" and "Pulimurugan". "I have done a couple of Hindi films also. But now most of my other films are dubbed into Hindi. When somebody calls me for a role I'll definitely come and work. I don't mind. I don't have a choice. As actors we don't have a choice. Let it come. Let ...Read More >
New Delhi [India], January 27 (ANI): Actress Kangana Ranaut has officially announced her return to movie sets for the filming of her new movie, which reunites her with her 'Tanu Weds Manu' co-star R Madhavan. The two actors, who previously delighted audiences with their performances in the successful romantic comedy series, will now collaborate again in a psychological thriller. Also Read | 'Those First Loves Always Stay With You': 'Loveyapa' Pair Junaid Khan and Khushi Kapoor on True Love, Sibling Rivalry and Inspiration From Actor Parents (LatestLY Exclusive). The announcement came shortl ...Read More >
In an exclusive interview with FinTech Magazine at Money20/20, Matthew Van Buskirk, Co-founder and CEO of Hummingbird Regtech, discusses how the company is enabling data to be labelled at ease through the use of artificial intelligence. Hummingbird positions itself as an AI enablement company, addressing a critical challenge in the financial sector: the lack of well-labelled, clean training data. "From the day we launched, we saw that deploying effective machine learning or AI capabilities in this industry is incredibly difficult because we don't have clean training data. Instead, we have th ...Read More >
New Delhi [India], December 4 (ANI): The Central Bureau of Investigation (CBI) on Wednesday conducted searches at 10 locations in Delhi and surrounding areas in connection with an on-going investigation of a transnational cyber enabled fraud case involving large-scale financial scams. CBI registered the said case under Sections 403 and 420 of the Indian Penal Code and Section 66D of the Information Technology Act, 2000, based on a written complaint received from the Indian Cyber Crime Coordination Centre (I4C), Ministry of Home Affairs, Government of India. The complaint alleged that unknown ...Read More >
New Delhi/Hyderabad, Dec 18 (UNI) Union Minister and Telangana BJP President G Kishan Reddy emphasised the Modi government's commitment to preserving and promoting India's regional languages. Addressing the media in New Delhi on Wednesday, Reddy highlighted various initiatives undertaken by the central government to strengthen India's linguistic diversity. Reddy noted that India is unparalleled in its cultural and linguistic diversity, with 121 languages spoken across the country. "Our Constitution initially recognised 14 official languages, but this number has increased to 21 under Prime M ...Read More >
New Delhi, May 20 (SocialNews.XYZ) Fintech company MobiKwik has reported a wider consolidated loss of Rs 56.03 crore in the fourth quarter of the financial year 2024-25 (Q4 FY25), compared to a small loss of just Rs 67 lakh in the same quarter last fiscal (Q4 FY24). The company's loss also increased from Rs 55.2 crore in the previous quarter (Q3 FY25), according to its stock exchange filing. For the full financial year FY25, MobiKwik recorded a loss of Rs 121.5 crore. This is a major setback for the Gurugram-based firm, which had posted a profit of Rs 14 crore in the previous fiscal year (FY ...Read More >
Sivakarthikeyan's Amaran has emerged as his biggest box-office success to date, surpassing the Rs 300-crore mark at the worldwide box office collection.Shiv Karthikeyan and Sai Pallavi marked a milestone in film industry through the movie Amaran. The film joins an elite club as the ninth Tamil movie to achieve this milestone, following hits like Rajinikanth's Enthiran, Kabali, 2.0, Jailer, along with Biigilmovie, Varisu, Leo, and The GOAT. Featuring Sivakarthikeyan as Major Mukund Varadarajan, alongside Sai Pallavi, Bhuvan Arora, and Rahul Bose, Amaran draws inspiration from true military st ...Read More >
New Delhi: In a daring move, following the language feud in Bengaluru, a tech founder, Kaushik Mukherjee, posted on X that he has decided to wind up his office in Bangalore and will be moving to Pune soon, with the reason stated as "language nonsense" by the founder. This decision comes amid growing tensions between Kannada speaking and non-Kannada speaking people in the state of Karnataka. Kaushik claims he does not want his non-Kannada speaking staff to be the next 'victim' and the idea, as he stated, was proposed by the staff and that he has decided to accept the idea. His post has garnere ...Read More >
The Supreme Court on Monday stayed further recovery of an outstanding tax demand from news portal NewsClick, directing the company's banker not to release any more money to the tax department based on a 2023 notice, and allowing the portal to use its two bank accounts for daily operations. The order was passed by a bench headed by justice BV Nagarathna on an application moved by PPK Newsclick Studio Limited, which alleged that ICICI Bank was not allowing the company to use its accounts despite a top court order to this effect passed on August 9. The tax department had raised the demand again ...Read More >
Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors Also Read | US: Joe Biden Commutes Roughly 1,500 Sentences and Pardons 39 People in Biggest Single-Day Act of Clemency. The funds will be directed toward expanding operations across India, with a ...Read More >
Hyderabad: The four-member expert committee, formed by the Telangana government to investigate the alleged kidney racket at Alaknanda Hospital here, has put a plastic surgeon also under the scanner. The panel is currently questioning a large group of people, including kidney donors, recipients, and doctors, to unearth the details behind the racket. Officials said a comprehensive report will be submitted to the Director of Medical Education (DME) today. DME's Statement Speaking about the probe, the DME Dr. N. Vani claimed that there were several instances where donors, including widows, wer ...Read More >
- Renewed homepage of Samyang's industrial water treatment solution brand, 'TRILITE' ... Featuring AI chatbot 'TRIGENT' and Design programs 'TriAngle' - Providing tailored and technical information to the user's queries ... Service available in over 100 languages. - Innovative Water Treatment Design Softwares... Ion Exchange Resin and RO membrane SEOUL, South Korea, Nov. 26, 2024 /PRNewswire/ -- Samyang Corporation (CEO Kang Ho-sung) introduced its new website for its water treatment solutions brand, 'TRILITE' (http://www.samyangtrilite.com), along with the launch of an innovative Artificia ...Read More >
Union Law Minister Arjun Ram Meghwal inaugurated an online Hindi course on the Constitution of India, celebrating 75 years of the document. The initiative aims to make constitutional principles more accessible. Developed with NALSAR University, it aims to educate citizens on their rights and democratic duties. In a significant step marking 75 years of India's Constitution, Union Law Minister Arjun Ram Meghwal has launched an online Hindi course designed to make constitutional education more accessible to the public. This initiative, a collaboration between the Department of Legal Affairs and ...Read More >
New Delhi: The University Grants Commission (UGC) on Wednesday announced a significant update in its approach to conducting the Common University Entrance Test (CUET) for both undergraduate (UG) and postgraduate (PG) students for the year 2025. The UGC has invited public feedback on the revised methodology aiming to refine the examination process for a better and more efficient testing environment for candidates. Since its inception in 1956 under the UGC Act, UGC has been pivotal in setting and maintaining the standards for higher education, coordinating with universities, and providing fina ...Read More >
He defended his choice of Viduthalai Part 2, stating that storytelling is about reflecting people's lives Actor Vijay Sethupathi, while promoting his upcoming movie Viduthalai Part 2 in Hyderabad, shared his thoughts on the box-office performance of Thalapathy Vijay's GOAT and Suriya-starrer Kanguva in the Telugu-speaking states. In an interview with The Great Andhra, Sethupathi was asked about the setbacks faced by recent Tamil Pan-India films, particularly at the Telugu box office. However, h ...Read More >
Bengaluru: Karnataka Chief Minister Siddaramaiah has reacted to a viral video that shows an SBI branch manager in Bengaluru refusing to speak Kannada during an interaction with a customer, sparking a fresh language row in the southern state. The incident took place at the Surya Nagara branch in Anekal Taluk area in Bengaluru earlier this week, and the video of the incident has gone viral since then. Condemning the bank manager's behaviour, he said that the woman's refusal to speak in Kannada or even in English and the apparent disregard for citizens was highly unacceptable and deeply disrespec ...Read More >
NewsVoir Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors The funds will be directed toward expanding operations across India, with a focus on strengthening Navanc's presence in urban and semi-urban areas. Additionally, the startup will bolster ...Read More >
New Delhi, Dec 12 (PTI) Telugu superstar Allu Arjun on Thursday said the humongous success of his latest release "Pushpa 2: The Rule" is a reflection of people's love and he hopes the box office record of the film, which has become the fastest movie to earn Rs 1,000 crore, is broken soon by another movie. A sequel to Arjun's 2021 Telugu blockbuster "Pushpa: The Rise", the film released on December 5 with dubbed versions in Hindi, Tamil, Kannada, Bengali, and Malayalam, and has emerged as one of the biggest hits of 2024. Also Read | RSIFF 2024: Nick Jonas Reveals Being Fascinated by Priyanka ...Read More >
Mumbai (Maharashtra) [India], February 3 (ANI): Monday kick-started on an exciting note for the fans of actor Prabhas as his first look as 'Rudra' was unveiled in the morning. The poster features him in the guise of a hermit, his matted hair flowing wildly, his forehead smeared with sacred chandan, gripping a crescent moon staff that hints at divine power and celestial energy. Sharing his look from the film, Prabhas on social media wrote, " (Om symbol) The Divine Guardian 'Rudra' (Om symbol) Unveiling my look as 'Rudra'. The embodiment of strength and wisdom as the unwavering protector in #K ...Read More >
The Haryana Staff Selection Commission (HSSC) has shared the notification for the Common Eligibility Test (CET) 2025. The registration began on May 28 and will continue till June 12. The application process will be submitted online through the official website, hssc.gov.in. The CET exam will be held to recruit eligible candidates for various Group C and Group D posts in the state government. The last date to register for the HSSC is June 12. The commission has not shared any exam date so far, but it is expected to take place in June or July. How to apply for Haryana CET 2025? Here are the ...Read More >
Mumbai, May 29 (SocialNews.XYZ) The makers of the upcoming film "Param Sundari" on Thursday unveiled the first look of the film, touted as the "biggest love story" featuring Sidharth Malhotra and Janhvi Kapoor Production banner Maddock Films took to Instagram, where they unveiled the first look, which introduces the dapper dude Sidharth Malhotra as "North's fire" Param and the stunning Janhvi Kapoor as "South's grace" Sundari. The first look is charged with romance, drama, emotions and beautiful visuals. The video was captioned: "Where North's fire meets South's grace, it calls for the bigge ...Read More >
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New Delhi: Actor Kamal Haasan has shared his response to the Karnataka Film Chamber of Commerce (KFCC) after the film union body decided to ban the release of his film 'Thug Life' in Karnataka amid the ongoing controversy around his "Kannada is born out of Tamil' remark. In a letter addressed to the President of KFC, Kamal Haasan said that his statement about the Kannada language at his film 'Thug Life' audio launch in Chennai has been "misunderstood" as he claims to have spoken it "out of genuine affection" for legendary Dr Rajkumar's family in Karnataka. "I acknowledge your letter dated 30 ...Read More >
Major blast outside Badshah's nightclub in Chandigarh, glass window shatters; no casualty Amid linkup rumours with Abhishek Bachchan, Nimrat Kaur says 'that spotlight belonged to you': 'Main ta bahut lucky..' 'One Nation One Subscription': Centre's scheme to ensure access to research articles, journals EXPLAINED Shillong Teer Results TODAY November 26, 2024: Check winning numbers here Meet woman who has become the youngest to travel all 195 countries, she is from... Kerala lottery TODAY November 26 Live Sthree Sakthi SS 443 Tuesday, check winning ticket, prize money here The Matrix villa ...Read More >
India's BFSI sector is rapidly evolving with digital transformation, creating new opportunities for the youth to merge financial knowledge with tech skills. As automation, AI, blockchain, and big data reshape the industry, India’s young workforce must be equipped with specialized skills to stay competitive. Roles in data analysis, AI, and cybersecurity are growing, and companies that invest in technology and upskilling will lead the market. While government programs aim to bridge the skills gap, a collaborative approach with educational institutions and financial organizations is key to ensuri ...Read More >
Allu Arjun, Rashmika Mandanna, and the entire Pushpa 2: The Rule team are in full swing preparing for the film's highly anticipated release on December 5. Fans have even more reason to celebrate as it has been officially confirmed that the Pushpa franchise will expand with a third installment. In a photo shared by Manobala Vijayabalan, sound designer Resul Pookutty and the crew are seen standing before a screen displaying the title of the next chapter: Pushpa 3: The Rampage. In a picture shared by Manobala Vijayabalan, we could see sound designer Resul Pookutty and the rest of the crew stand ...Read More >
New Delhi, Dec 5 (PTI) Amazon Web Services (AWS) on Thursday said it is committing up to USD 100 million in cloud credits over the next five years to help eligible educational institutions and underserved students worldwide develop and scale digital learning solutions. The programme, a part of AWS Education Equity Initiative, will grant recipients cloud credits, which function similarly to cash, allowing organisations to reduce their expenses when utilising AWS's cloud services. "At AWS, we are committed to levelling the playing field in education, ensuring learners from underrepresented and ...Read More >
New Delhi, Jan 21 (PTI) Congress leader Rahul Gandhi on Tuesday hit out at the Modi government over its economic policies and asserted that real development is when everyone progresses, there is a fair environment for business, a fair tax system and the income of workers increases. In a post in Hindi on X, Gandhi said, "The truth of Modi Ji's developed India: Your hard work, whose profit? The wheel of the country's economy is turning with your sweat and blood, but are you getting your fair share in it? Just think." The share of the manufacturing sector in the economy has gone down to the lowe ...Read More >
Chennai, June 2 (SocialNews.XYZ) Union Minister of State for Information & Broadcasting and Parliamentary Affairs L. Murugan launched a scathing attack on the DMK following its general council meeting in Madurai, accusing the party of engaging in dynastic theatrics and diversionary tactics to mask its failures. Calling the meeting a "coronation event", Murugan alleged that the DMK had convened it primarily to reaffirm that Chief Minister M.K. Stalin's son would inherit party leadership. The DMK held its general council meeting on Sunday, where it adopted 27 resolutions. "It was a political ...Read More >