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.
Jamshedpur, July 10: Tata Steel Vice President (Corporate Services) D.B. Sundara Ramam has expressed concern over the growing traffic congestion in Jamshedpur and emphasized the need for flyovers in the city, similar to the one under construction in Mango. Responding to questions from journalists about Tata Steel's plans to address Jamshedpur's traffic problems, Ramam revealed that discussions are underway regarding the construction of flyovers within the city. "Just like Mango, Jamshedpur needs flyovers in key areas. However, this cannot be done by Tata Steel alone, as it involves complex technical planning and substantial investment," he said. He further stressed that cooperation from the Jharkhand government is essential for such large-scale infrastructure projects and confirmed that dialogues between Tata Steel and the state government are ongoing. Ramam also mentioned the Eastern and Western Corridors as part of broader traffic solutions and assured that post-monsoon road repairs will address pothole-related issues caused by excess rainfall. Earlier, speaking at the inauguration of a newly allotted parking facility provided by Tata Steel to the Singhbhum Chamber of Commerce and Industry (SCCI) on Thursday evening, Ramam acknowledged the mounting vehicle pressure in the city and said that improved infrastructure is essential. Sharing a personal anecdote, Ramam said he enjoys driving but now relies on a chauffeur due to the lack of parking and traffic issues in the city. "No matter where you go in Jamshedpur, parking remains a challenge. With the number of vehicles increasing daily, the new parking space for the Chamber will be of great benefit," he added. Ramam also lauded the shared vision between Tata Steel and the Chamber, stating, "The Chamber is continuously working for the welfare and development of businessmen and entrepreneurs, and Tata Steel shares this goal. With aligned objectives, both will work together for the development of Jamshedpur."
Mumbai: The birth of three penguin chicks at Mumbai's Veermata Jijabai Bhosale Udyan and Zoo has sparked an unexpected row not over their care, but their names. BJP functionary Nitin Bankar from the Byculla Assembly constituency has objected to the chicks being given English names, insisting they be named in Marathi instead. The BMC is expected to respond by June 10, after which Bankar will decide his next move. Speaking to The Free Press Journal, Bankar said, "When penguins were brought from abroad, we accepted that their names would be in English. But these chicks were born on the soil of M ...Read More >
Sambalpur (Odisha) [India], June 28 (ANI): Union Education Minister and Sambalpur MP Dharmendra Pradhan on Saturday participated in a mass plantation drive under the 'Ek Ped Maa Ke Naam' initiative. While speaking to ANI, Pradhan stated that the plantation of trees under this initiative increased hope for nature, fulfilled the Sustainable Development Goals (SDGs), and was also a significant step towards making India a net-zero country by 2070. Also Read | West Bengal: Woman Accuses Padma Shri Awardee Kartik Maharaj of Rape and Forced Abortion, Monk Dismisses Allegations As Conspiracy. He fu ...Read More >
New Delhi, Jul 15 (PTI) As Tesla announced its foray into the Indian market on Tuesday, Liberty General Insurance and ACKO said they have become insurance partners for the American electric carmaker in India. Liberty General Insurance said it has developed a suite of finely tuned protection plans that complement Tesla's engineering and performance excellence while anticipating the distinct needs of EV users. Also Read | Ganeshotsav 2025: MSRTC To Run 5,000 Special Buses to Konkan From August 23 to September 7, Transport Minister Pratap Sarnaik Announces; Group Bookings Start July 22. "At Li ...Read More >
Bhubaneswar: Commuters, patients and examinees faced a tough time on Thursday as the Congress-led statewide bandh disrupted vehicular movement and train services. The dawn-to-dusk bandh, supported by Left parties, was called demanding justice for the 20-year-old Balasore student who died by suicide over alleged sexual harassment by a faculty member and the apparent inaction by college authorities to her complaint.Three-year-old Raju Munda, from Dhenkanal district's Kankadahad block, died after th ...Read More >
Agartala, Jul 18 (PTI) Tripura Chief Minister Manik Saha on Friday said the state government has been constructing a multi-storeyed office building using advanced earthquake resilient technology. Speaking at a seminar on infrastructure development in the North East region organised by the Indian Building Congress, Saha said, "Construction of high-rise buildings in the state is a challenge as we live in the seismic zone." Also Read | Is There Sunday Mega Block on July 20, 2025? Will Mumbai Local Train Services Be Affected on Central, Western and Harbour Lines? All You Need To Know. "But our ...Read More >
BALASORE: In a heart-wrenching incident, a man was forced to carry his 17-year-old daughter's body on a trolley rickshaw for around 7 km to a community health centre in Balasore's Baliapal for postmortem after reportedly failing to afford an ambulance. Asha Bindhani, a minor girl suffering from mental illness, reportedly died by suicide on Thursday afternoon in Deula village under Baliapal police limits. After spotting her, locals informed her father Madhu Bindhani and the police. Madhu, a daily wage labourer, rushed to the spot and found his daughter dead. Shortly after, police arrived and ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the report, e-commerce also rose significantly, led by increased shopper penetration and spending, especia ...Read More >
Hit by economic slowdown and poor infrastructure, industrialists from Jharkhand's key industrial districts -- East Singhbhum, West Singhbhum, and Seraikela-Kharsawan -- are looking to the newly formed state government for revival and support. The industrial zones of Adityapur, Gamharia, Kandra, and Chandil have been grappling with inadequate infrastructure, including poorly maintained roads, lack of bridges, erratic water supply, and unreliable power. Entrepreneurs in these regions hope the new administration will address these issues and work toward improving the state's industrial ecosystem ...Read More >
Hyderabad: Chief Minister A. Revanth Reddy has raised serious concerns over the increasing financial burden on the state government due to the high interest rates on loans inherited from the previous BRS administration. In a meeting with Prof. S. Mahendra Dev, chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), the CM spoke of the difficulty in loan repayment which, he said, was significantly hindering the state's development. The Chief Minister requested the Centre's cooperation in reducing the burden of these high interest rates and rescheduling of the loans, as the re ...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 >
Guwahati, Sep 14 (SocialNews.XYZ) Prime Minister Narendra Modi is set to inaugurate and lay foundation stones for major infrastructure and industrial development projects in Assam on Sunday, with a total investment exceeding Rs 18,530 crore. The Prime Minister's visit is part of his ongoing Northeast tour, state government officials said. At Mangaldoi in the Darrang district, Prime Minister Modi will lay the foundation stone for a cluster of health education projects, including a new Medical College and Hospital, a GNM school, and a B.Sc Nursing College. Also on the agenda in Darrang are th ...Read More >
Bengaluru (Karnataka) [India], October 16 (ANI): The Karnataka Cabinet has approved the ambitious 117-km Bengaluru Business Corridor, aimed at easing traffic congestion and improving connectivity across the city. The corridor will link Tumakuru Road to Mysuru Road via Yelahanka and Electronic City, Deputy Chief Minister DK Shivakumar announced on Thursday. Addressing a press conference after the Cabinet meeting, Shivakumar said the Peripheral Ring Road (PRR) project has been rebranded and cleared as the Bengaluru Business Corridor. "The state government has taken a big step. The erstwhile Pe ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...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 >
Dehradun (Uttarakhand) [India], July 16 (ANI): Following the tragic road accident in the Muwani area of Pithoragarh district on Tuesday that claimed eight lives, Uttarakhand Chief Minister Pushkar Singh Dhami announced that the state government would provide Rs 2 lakh each to the families of the deceased and Rs 50,000 to the injured. This would be in addition to the ex-gratia of Rs 2 lakh from the Prime Minister's National Relief Fund (PMNRF), announced by Prime Minister Narendra Modi, which would be given to the next of kin of the deceased. Also Read | Weather Forecast Today, July 16: Check ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Actor Harshvardhan Rane, who was last seen in 'The Miranda Brothers', is heaping praise on the recently released film 'Saiyaara', and its team. On Saturday, the actor took to the Stories section of his Instagram, and penned a special note for the film and its makers after it witnessed a stellar opening day. He wrote, "Another melodious example of a love story shattering all myths and formulas of the industry. Honest heart wrenching love story wins again in 2025! #Saiyaara". 'Saiyaara', which stars Aneet Padda, and marks the debut of Ahaan Panday, is helmed b ...Read More >
Agartala (Tripura) [India], September 13 (ANI): As the festive fervour builds, Agartala, the capital city of Tripura, is preparing for its most extravagant celebration of the year, Durga Puja, the state's biggest festival after West Bengal. The city transforms into a dazzling spectacle, illuminated like a galaxy with magnificent pandals ranging from fifty lakhs to crores, drawing lakhs of devotees and pilgrims from across the country. Also Read | Mentally Challenged or Craze for Social Media Reel? Man Electrocuted After Climbing Atop Pune-Bound Humsafar Express at Nagpur Railway Station; Dis ...Read More >
Bengaluru (Karnataka) [India], October 16 (ANI): The Karnataka Cabinet has approved the ambitious 117-km Bengaluru Business Corridor, aimed at easing traffic congestion and improving connectivity across the city. The corridor will link Tumakuru Road to Mysuru Road via Yelahanka and Electronic City, Deputy Chief Minister DK Shivakumar announced on Thursday. Addressing a press conference after the Cabinet meeting, Shivakumar said the Peripheral Ring Road (PRR) project has been rebranded and cleared as the Bengaluru Business Corridor. Also Read | Punjab DIG Harcharan Singh Bhullar Caught in INR ...Read More >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...Read More >
Gurugram: Heavy rains have lashed Haryana's Gurugram over the past 24 hours, bringing the city to a standstill. Waterlogging and long traffic jams have been reported in several areas of the city. Gurugram witnessed chaos on Monday evening as a traffic snarl stretching close to 20 kilometres was reported on the Delhi-Jaipur highway. The Congress slammed the Bharatiya Janata Party (BJP) government in Haryana over the 20-km-long traffic jam. Congress MP Randeep Surjewala lashed out at Chief Minister Nayab Singh Saini and questiond the state government's preparedness for rains. "2 hours of rain ...Read More >
Dehradun (Uttarakhand) [India], September 26 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami on Thursday virtually addressed the foundation stone laying ceremony of roads reconstructed under the Central Road Infrastructure Fund (CRIF) in Udham Singh Nagar district. CM Dhami stated that the reconstructed 20-kilometre road, developed with an investment of Rs 55 crore, will provide significant benefits to the Terai region. The project includes the widening and strengthening of the Manunagar-Gadarpur-Dineshpur-Matkota-Haldwani motor road. I believe that after the reconstruction of this roa ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
Patna (Bihar) [India], July 8 (ANI): Bihar cabinet on Tuesday approved 43 schemes and projects, including the formation of the Bihar Youth Commission, 35 per cent reservation for women native to the State and Rs 100 diesel subsidy for farmers. Bihar Chief Secretary S Siddharth said, 'Today, 43 agendas have been stamped in the Council of Ministers, in which the most important agenda is the formation of the Youth Commission. This commission is related to the youth of 18-45 years, which will have one chairman, two vice-chairmen and seven members.' 'The beneficiary group related to this includes ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
Kolkata: The Kolkata Traffic Police is facing a new challenge in managing vehicle parking for the upcoming Shahid Diwas rally on Monday, as persistent rainfall threatens to render designated parking fields unusable. The fresh spell of rain on Friday, with more occasional rain predicted even on Saturday, has left cops worried as they believe the Maidan area can be filled with slush.The traffic department, which initially planned to utilise various fields across the city for parking buses and cars of parade attendees, is now frantically searching for alternative solutions on the main roads, stre ...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 Greater Bengaluru Integrated Township (GBIT) project has become a new battleground for Vokkaliga leaders H.D. Kumaraswamy and D.K. Shivakumar, highlighting concerns about fertile land, compensation, and political motives The proposed Greater Bengaluru Integrated Township (GBIT) project near Bidadi, approximately 30km from Bengaluru, has met with resistance from the Janata Dal (Secular) party, which launched a protest at Bidadi demanding that the government stop the acquisition of farmland across the 10 villages identified by the state government. Union Minister and JD(S) leader H.D. Kuma ...Read More >
Bengaluru: The State Cabinet on Thursday cleared the 117-km Bengaluru Business Corridor (BBC) project around Bengaluru city, Deputy CM DK Shivakumar said. The project will take two years for completion. The proposed corridor will originate and terminate at Tumakuru road. About 73 km of this road will be in North Bengaluru and the rest in South Bengaluru," he said, adding that the project would reduce the congestion in the city by 40%. The project was originally estimated to cost Rs 27,000 crore ...Read More >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >