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: The Karnataka High Court recently granted a 90-day parole to a murder convict, allowing him to oversee agricultural activities on his father's farmland in Siddevarahalli village, Ramanagara district. According to a report by The Times of India, the superintendent of the Central Prison, Bengaluru, had earlier rejected the convict Chandra's parole request by quashing an endorsement issued earlier.
Bengaluru, June 5 (PTI) In a major development, Karnataka Chief Minister Siddaramaiah on Thursday suspended Bengaluru police commissioner B Dayananda and several other senior police officials in connection with the stampede outside the Chinnaswamy Stadium that killed 11 people. He also ordered the arrest of representatives of the RCB team, the event management firm DNA Entertainment Private Limited, and the Karnataka State Cricket Association (KSCA), hours after an FIR was registered against them under various charges, including culpable homicide not amounting to murder. The state government ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
New Delhi [India], July 16 (ANI): The Indian government expressed regret on Tuesday over the reported demolition of the ancestral property of celebrated filmmaker and writer Satyajit Ray in Mymensingh, Bangladesh and expressed its willingness to extend cooperation in its restoration. "We note with profound regret that the ancestral property of noted filmmaker and litterateur Satyajit Ray in Mymensingh, Bangladesh, belonging to his grandfather and eminent litterateur, Upendra Kishor Ray Chowdhury, is being demolished," the Ministry of External Affairs said. Also Read | India Urges Bangladesh ...Read More >
NEW DELHI: The Supreme Court on Thursday expressed displeasure over the Karnataka High Court's order granting bail to Kannada actor Darshan Thoogudeepa, an accused in the Renukaswamy murder case. "This court is not at all convinced by the manner in which the high court (Karnataka), in its discretion, granted bail (to Darshan)," said a two-judge bench of Justice J B Pardiwala and Justice R Mahadevan. Challenging the order of the Karnataka HC, the state filed an appeal in the top court seeking cancellation of the actor's bail. Senior advocate Kapil Sibal, appearing for the actor, faced a toug ...Read More >
Bengaluru, June 7: The Special Wing of the Criminal Investigation Department (CID) will begin its probe into the Chinnaswamy stampede tragedy, which claimed 11 lives on June 4, starting Saturday. Concurrently, the magisterial enquiry by the Deputy Commissioner of Bengaluru Urban district is also progressing. Sources confirmed that the CID probe will be headed by SP Shubanvita and Dy SPs Gowtham and Purushottam were named as investigators. The CID is likely to seek custody of the four arrested accused, who were sent to jail, for questioning on Monday, June 9. The department has already filed a ...Read More >
NEW DELHI: The mother of Vikas alias Raja, who was killed in a police encounter near Damaiya Ghat in Patna, on Tuesday claimed she was unaware of any wrongdoing by her son and said he used to work in Chennai. Vikas was one of the accused in the murder case of businessman Gopal Khemka and had been identified by police as the arms supplier to the main suspect. "What did my son do? He used to work in Chennai..." said the mother of the deceased. According to police, Vikas was killed around 2:45 am in an encounter near Damaiya Ghat, within the jurisdiction of Malsalami police station. A pistol and ...Read More >
NEW DELHI: Congress leader K C Venugopal on Saturday wrote to Prime Minister Narendra Modi urging his immediate intervention to save Nimisha Priya, an Indian nurse from Kerala, who is scheduled to be executed in Yemen on July 16.In a letter, Venugopal appealed to the Prime Minister to take urgent diplomatic steps with Yemeni authorities to halt the execution. "While efforts have been made by the Action Council and her family to negotiate with the victim's family to accept 'blood money' (diyah), which could potentially spare her life, these negotiations have faced significant challenges, due to ...Read More >
The apex court, on Monday, also observed that most of the convicts were teenagers at the time and that the crime likely stemmed from psychological distress rather than criminal intent. The Supreme Court, in a significant judgment on Monday, stayed the arrest and life sentences of Shubha Shankar and three others convicted in the 2003 murder of her fiance Girish, while upholding their conviction. The apex court granted the four convicts, Shubha, her boyfriend Arun, and their associates Dinakaran ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC Bank, Eternal (Zomato), HUL, Sun Pharma, Bajaj Finance, ICICI Bank, Titan and Bajaj Finserv ...Read More >
Hyderabad, July 18 (UNI) In view of the ongoing heavy rains in Hyderabad, Chief Minister A Revanth Reddy has directed all concerned departments to stay on high alert and ensure swift response to public grievances. The Chief Minister instructed officials from GHMC, HMDA, Water Works, Electricity, and Police departments to work in close coordination to prevent any rain-related disruptions. He also emphasised the need for immediate action in areas facing waterlogging, power outages, or other rain-induced issues. CM Revanth Reddy further directed the deployment of SDRF, NDRF, Hydra teams, and ot ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...Read More >
New Delhi, Jun 27 (PTI) The nephew of gangster Manjit Mahal was shot dead in front of his daughter, who also suffered a bullet injury in the attack, allegedly by unidentified assailants in the Bawana area on Friday morning, an official said. The victim was identified as Deepak (43), he said. The case is suspected to be in connection with a rivalry between Kapil Sangwan alias Nandu gang and Manjeet Mahal gang. However, Deepak had no recent contact with Mahal and has no prior involvement in any criminal case, a source in the police said. The incident occurred when Deepak, a share trader, had ...Read More >
SRINAGAR: A defiant Jammu and Kashmir Chief Minister Omar Abdullah on Monday scaled the gates of the Naqshband Sahib graveyard to pay tributes to the 22 people killed by the Dogra army on July 13, 1931. The dramatic scene unfolded a day after Abdullah and several leaders of the National Conference and opposition parties were put under house arrest to prevent them from going to the graveyard to mark Martyrs' Day. National Conference president Farooq Abdullah took an autorickshaw from the Khanyar crossing to the martyrs memorial while Minister for Education Sakina Ittoo surprised everyone by r ...Read More >
Screengrab of the incident that took place last week. ShowQuick Read Summary is AI-generated, newsroom-reviewed * A vehicle driven by a Congress MLA's son hit a police constable in Madhya Pradesh * The accused is Pushpraj Singh, son of Congress MLA Sena Patel from Jobat * The vehicle had no number plate and was driven at high speed Did our AI summary help? Let us know. A high speeding vehicle driven by a Congress MLA's son rammed into a police constable before crashing into an electric po ...Read More >
Kannur (Kerala), Jul 17 (PTI) A woman convicted in sensational Bhaskara Karanavar murder case, was released from the jail on Thursday after she was granted sentence remission by the government, officials said. Sherin, the daughter-in-law of the victim, had been serving her sentence at the Women's Prison and Correctional Home here. Also Read | 'A Decade of Digital India' Reel Contest by Government of India: How To Participate and Win Up To INR 15,000? Check Submission Guidelines. The state's Home Department issued the release order on Tuesday, stating that her remaining jail term had been of ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >
VIJAYAWADA: The State government on Friday accorded approvals to a slew of industries. Among those are Krishnapatnam Power Corporation Limited (KPCL), which is set to establish a 350 MW Solar and Battery Energy Storage System (BESS) in Thamminapatnam and Mommidi villages of SPSR Nellore district with a Rs 1,225 crore investment, creating 575 jobs. Furthermore, the government also waived off a Rs 54 crore extension of time fee, contingent on project completion within two years as per the Andhra Pradesh Integrated Clean Energy Policy-2024. The government also allocated 22.80 acres at MPSEZ in N ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family has not yet agreed to clemency or blood money. As a last-ditch effort to save her, Kanthapuram A. ...Read More >
In a brazen act, five armed men stormed a Patna hospital, fatally shooting gangster Chandan Mishra, who was undergoing treatment while on medical parole. The attack, captured on CCTV, highlights Bihar's deteriorating law and order. Opposition leaders are criticizing Chief Minister Nitish Kumar's government, citing a surge in violent crimes and questioning public safety. In a chilling incident that highlights the deteriorating law and order situation in Bihar, five armed assailants entered a prom ...Read More >
Karnataka Deputy Chief Minister D K Shivakumar expressed grief over the stampede near Chinnaswamy Stadium, lamenting the loss of lives and the damage to Bengaluru's reputation. He dismissed opposition allegations and accusations of playing politics, emphasizing the government's responsibility.Karnataka Deputy Chief Minister D K Shivakumar on Thursday turned emotional over the loss of lives due to the stampede near the Chinnaswamy Stadium and said that Bengaluru has lost its image due to the incid ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
Gurgaon: A chemist and a lab operator have been arrested for allegedly selling medical termination of pregnancy (MTP) kits illegally. Two separate FIRs were lodged against the accused at Sector 10 and Sector 9A police stations, police said on Friday.The pharmacy was sealed and medical officials have initiated proceedings to cancel its licence. District drugs control officer Suresh Verma said the department received information about illegal sales of MTP kits - also called abortion kits - from Juneja Chemist, located near Civil Hospital. A pregnant woman, who was deployed as a decoy customer, v ...Read More >
Imphal, June 7 (UNI) Three militants were nabbed in separate incidents during the last 24 hours in Manipur, police said on Saturday. Manipur Police arrested a militant from Moidangpok Awang Leikai from Khumbong Bazar under Imphal West District, they said. Security forces arrested a militant from the Elangkhanpokpi Mayai Leikai area under Kakching district. Security forces apprehended a militant from Wangoo Samushang in Bishnupur district and elected members from Kumbi area. In an operation, one M16 rifle, one bolt-action rifle, three pull-mechanism rifles, three improvised mortars, and fiv ...Read More >
New Delhi, Jul 15: The death of a 20-year-old B.Ed. student in Odisha, who self-immolated after weeks of alleged sexual harassment and administrative inaction, has ignited a fierce political row, with opposition leaders accusing the BJP-led state government of systemic failure and "institutional betrayal." The ruling party has dismissed the charges as politically motivated. According to The Times of India, the student succumbed to her burn injuries on Tuesday, three days after she set herself on fire outside Fakir Mohan (Autonomous) College in Balasore. She had earlier accused a senior facult ...Read More >
Munger (Bihar) [India], July 17 (ANI): Amid rising crime cases in Bihar, Union Minister Rajiv Ranjan (Lalan) Singh on Thursday said that incidents can occur due to mutual disputes in any country. He claimed that such incidents are not unusual and stressed that action is taken immediately against those responsible. How many kidnappings used to happen in the state earlier? If I hit him, they hit me then is this a crime? This is a mutual dispute. Incidents can happen due to mutual disputes in any country in the world. But here action is taken immediately. The people who commit the incidents are ...Read More >
Jammu, Jul 18 (PTI) Senior officials of the Jammu and Kashmir government reviewed the arrangements for the smooth conduct of the 13-day-long Budha Amarnath pilgrimage in Poonch district that will begin on July 28. Deputy Inspector General of Police Tejinder Singh reviewed security in Poonch and stressed ensuring the safety of the devotees. "The first batch will depart from the Bhagwati Nagar basecamp in Jammu on July 28, moving towards the Mandi tehsil in Poonch in a regulated convoy amid full security arrangements," a spokesperson said. Jammu Divisional Commissioner Ramesh Kumar and Inspec ...Read More >
Kanpur, December 2: In a gruesome incident in Kanpur's Chakeri area, a man allegedly killed his wife and mother-in-law with a cleaver over suspected infidelity. The crime took place in Friends Colony, sparking shock and outrage among residents. Alerted by neighbours, police rushed to the scene and found the bodies of the two women when the accused opened the door. Police, along with forensic experts and a canine squad, secured the crime scene. Joseph Peter, a resident of Friends Colony, had long been embroiled in conflicts with his wife due to suspicions of infidelity. On Sunday evening, a he ...Read More >
Patna, July 17 (SocialNews.XYZ) Following the broad daylight murder of prisoner Chandan Mishra inside Paras Hospital in Patna on Thursday, police have identified all five assailants using CCTV footage from the hospital lobby and have launched intensive raids to arrest them. A Special Investigation Team (SIT) headed by City SP (East) has been constituted to probe the case, with the Bihar STF assisting the SIT. The SIT has identified the escape routes used by the five accused after the attack. Patna Police, along with STF teams, are conducting raids in various areas, including Patna, Phulwari ...Read More >
New Delhi: There could be further trouble brewing for Kannada actor Darshan with the Supreme Court expressing serious reservations over the Karnataka High Court's decision to grant him bail in the Renukaswamy murder case. While hearing of a special leave petition filed by the Karnataka government, a bench comprising Justice J B Pardiwala and Justice R Mahadevan orally stated that it was "not at all convinced" by the Karnataka High Court's exercise of discretion in granting bail. The Supreme Court also asked Darshan's legal team to present strong reasons why it should not overturn the High Co ...Read More >
Bengaluru, Jul 18 (PTI) The Karnataka High Court on Friday asked BJP MLA Byrathi Basavaraj, who is accused in the murder of a rowdy-sheeter in city to appear for questioning before the relevant authorities on July 19 at 11.30 am. The court has instructed that the inquiry must adhere to the provisions of Section 35 of the Bharatiya Nyaya Sanhita (BNSS). Shivaprakash alias Biklu Shivu was hacked to death at Bharathi Nagar in the city on Tuesday night. Basavaraj, named as the fifth accused in the First Information Report (FIR), has approached the court to quash the FIR, alleging that it was fi ...Read More >