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.
Chennai (Tamil Nadu) [India], July 11 (ANI): Tamil Nadu Director General of Police (DGP) Shankar Jiwal on Friday addressed the media at the DGP office, announcing the arrest of, Tailor Raja, a suspect in the 1995 Coimbatore blast case after nearly 29 years of evading the law and highlighted that soon Tamil Nadu will be free of terrorism. The press conference focused on the recent success of the Tamil Nadu Anti-Terrorism Squad (ATS), which was established in November 2023. DGP Jiwal said, "ATS was established in the State in November 2023. Now, 40 cases are being investigated by ATS." Also Read | Mumbai Shocker: Businessman Kidnaps Minor Boy and His Cousin Over INR 3 Lakh Theft, Assaults Victims With Belt and Forces Them To Have Oral Sex; Arrested. DGP Jiwal further added, "In one operation along with Andhra Pradesh police, in another operation along with Karnataka Police and with the help of Central agencies, one accused (When review was done on pending cases, long time absconding accused we carried two operations for last few months) was arrested after 30 years, another accused after 26 years and another accused after 29 years." The DGP praised the ATS for its commitment and successful results within a short period of its formation. He assured the public that in the coming days, Tamil Nadu would be free from terrorist activities, emphasising that the force is dedicated to maintaining peace and security across the state. Also Read | Radhika Yadav Murder Case: Gurugram Tennis Player's Uncle Says Victim's Mother Manju Yadav Was on Same Floor When Shooting Happened. Earlier, Tailor Raja, a key accused in the 1998 Coimbatore bomb blast case and multiple communal murder cases, was remanded to judicial custody till July 24, according to an official on Thursday. The Police were able to arrest the accused after he had remained on the run for nearly 29 years. According to a release, acting on specific and credible intelligence, the accused was arrested by a special team from the Anti-Terrorism Squad (ATS) and Coimbatore City Police in the Vijayapura district of Karnataka. The arrested accused is involved in several terror cases and communal murder cases, including the 1998 Coimbatore bomb blasts that claimed 58 lives and injured 250 persons. He is also accused of the 1996 petrol bomb attack in Coimbatore, which resulted in the death of Jail Warden Boopalan; the 1996 Sayeetha murder case in Nagore; and the 1997 murder of Jailor Jayaprakash in Madurai. In recent weeks, the Anti-Terrorism Squad, in coordination with the Coimbatore City Police, has arrested India's most wanted accused, Abubacker Siddique and Mohamed Ali alias Yunus, from Annamayya District in Andhra Pradesh. (ANI) (The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)
nion Minister of State for Labour and Employment Shobha Karandlaje cited statistics in the Lok Sabha on Monday to show that youth unemployment rates in India were lower than global levels. The minister cited a report by the International Labour Organisation's (ILO) Institute for Human Development (IHD) which states that the worldwide youth unemployment rate was 15.6 per cent in 2021. Further, as per World Employment and Social Outlook Trends, 2024 by ILO, globally, in 2023, the youth unemployment rate was 13.3 per cent. On the other hand, the latest annual Periodic Labour Force Survey (PLFS ...Read More >
Small-cap Stock: Krystal Integrated Services Limited (Krystal) share price rose 5 per cent to ₹779.3 on Tuesday, November 26 after the company announced receiving a ₹106.3 crore contract from the Brihanmumbai Municipal Corporation (BMC). The contract, valued at ₹1,062.99 million ( ₹106.3 crore), covers three years and involves providing comprehensive attendant manpower services to BMC's Education and Security Departments. This initiative is aimed at improving public sector operational efficiency in Mumbai. Small-cap stock Krystal Integrated Services share was trading in the green, up 3.07 pe ...Read More >
New Delhi [India], November 26 (ANI): Spiritual guru and founder of the Isha Foundation, Sadhguru, on Tuesday came out strongly and expressed grave concern over the arrest of Chinmoy Krishna Das, a prominent ISKCON leader in Bangladesh. Taking to social media platform X, Sadhguru highlighted the shift from a democratic to a theocratic and autocratic system in Bangladesh, stressing the importance of understanding the value of an open democracy. He pointed out that persecution based on religion or demographic weaknesses is not in line with democratic ideals. Also Read | UK Horror: Transgender ...Read More >
Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...Read More >
Srinagar, Nov 27 (UNI) Jammu and Kashmir's Road Transport Corporation (RTC), a crucial backbone of public transportation, has raised serious concerns over the barring of its buses from entering Srinagar city limits. The move has triggered alarm within the Corporation, with officials cautioning about significant disruptions to public transport services and daily commutes, alongside substantial financial losses for the RTC. The restriction, in effect since November 4 when the maiden session of the Assembly commenced, is causing a daily revenue loss of Rs. 4 lakh to the Corporation. In a lette ...Read More >
Air India launched a Black Friday Sale with discounts up to 20% on domestic flights and up to 12% on international flights to various destinations. The sale is available through the airline's website and mobile apps. Additional savings are possible with waived convenience fees and specific payment methods. The airline continues offering student and senior citizen discounts.Air India on Friday launched a limited-time Black Friday Sale offering discounts of up to 20 per cent off base fares for domestic flights within India. The Tata-owned airlines will also offer up to 12 per cent off base fares ...Read More >
Air India is also offering additional discounts through various payment offers, so you can enjoy even more savings. Air India has launched its limited-time Black Friday Sale, offering up to 20 percent off base fares for domestic flights and up to 12 percent off on international flights to destinations like the United States, Europe (including the UK), Australia, Southeast Asia, and South Asia. The sale is available exclusively on Air India's official website and mobile apps for iOS and Android. The sale runs from 00:01 IST on 29 November 2024 to 23:59 IST on 2 December 2024. The travel peri ...Read More >
Mumbai Indians (MI) made strategic moves in the IPL 2025 mega-auction, securing New Zealand pacer Trent Boult for ₹12.50 crore. MI owner Akash Ambani praised Boult’s invaluable skill in swinging the new ball, acknowledging the team’s struggles when he wasn’t playing for them in recent years. The franchise also acquired England’s Reece Topley for ₹75 lakh and New Zealand spinner Mitchell Santner for ₹2 crore. MI further strengthened their spin department by signing young Afghan talent Allah Ghazanfar for ₹4.80 crore, who has impressed with his performances in international cricket. ...Read More >
The BE 6e, just as its name sounds, stands out as a futuristic, power-packed, and sporty electric Mahindra SUV on Indian roads. The highly anticipated Mahindra BE 6e, an all-electric compact SUV, has been finally launched at an introductory price of Rs 18.9 lakh (ex-showroom). Globally revealed alongside its sibling, the XEV 9e, this born-electric offering from Mahindra seems to be good enough (on-paper) to position itself as India's answer to luxury compact SUVs from global brands. With its futuristic design, a wealth of modern features, and an impressive power output - the highest in its fa ...Read More >
In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...Read More >
The financial repercussions of Parliament disruptions are considerable, impacting both public resources and the productivity of the nation's legislative process. However, both the Lok Sabha and Rajya Sabha have cumulatively functioned for merely 2 hours, with daily disruptions and sloganeering resulting in adjournments. The Rajya Sabha faced disruptions today (December 2) as Vice Chairman Jagdeep Dhankhar expressed discontent over sloganeering by Opposition MPs. The protests, which centered around demands for discussions on key issues, forced the Vice Chairman to adjourn the session until 12 ...Read More >
Newborn reunited with mother in Karnataka, three child lifters held Bengaluru: Karnataka Police reunited a one-day-old male baby with his mother in the Gulbarga Institute of Medical Sciences (GIMS) in Karnataka's Kalaburagi after arresting three child lifters. According to police, the accused women, posing as nurses, had taken the child from his mother in the hospital on the pretext of conducting a blood test and sold him for Rs 50,000 on Tuesday. The accused were identified as Umera, Nasreen and Fathima. The rescued baby was under treatment at the Special Newborn Care Unit (SNCU) at the G ...Read More >
Ghaziabad: The police arrested a couple on Wednesday for robbing a pedestrian in Crossings Republik on Nov 15. Wave City ACP Lipi Nagayach said unknown individuals on a scooter snatched a woman's gold chain near Ajnara market in the Crossings Republik area on Nov 15. Once the woman filed a complaint, a case was registered under section 304 (snatching) of BNS, and police teams were formed to probe the incident. "With the help of CCTV footage, manual input, surveillance, and a tip-off, Vivek Pandey (29) and his wife Kirti Sharma (28) were nabbed from Chitrawan society in the Crossings Republik ...Read More >
NEW DELHI: Lieutenant governor VK Saxena has given his approval to the reconstitution of Delhi Building and Other Construction Workers Welfare Board, paving the way for govt to prepare a scheme to provide compensation to the construction workers who lost work due to the implementation of GRAP IV provisions. The board was not in place for the last couple of years. While giving his nod to its reconstitution, LG directed that immediate steps should be taken to implement Supreme Court directions to provide subsistence allowance to workers affected due to restrictions on construction activities be ...Read More >
The company's shares, which were priced at just ₹7.75 apiece three years ago, have skyrocketed by an incredible 25,758%, currently trading at ₹2,004. At the stock's peak price of ₹3,169, achieved in early October, the returns were even more astounding, reaching 40,790%. Eraaya Lifespaces has been making significant strides on Dalal Street, with its shares consistently reaching record highs month after month, delivering substantial returns to its shareholders in a relatively short time. The company's shares, priced at just ₹7.75 apiece three years ago, have skyrocketed by an incredible 25,758 ...Read More >
Infosys has announced an average 85% performance bonus for eligible employees in Q2 FY25, reflecting its strong financial performance. The bonus, paid to mid- and junior-level staff, will be credited with the November salaries, with individual payouts varying based on performance. This follows Infosys' impressive 4.7% rise in Q2 net profit and a revenue increase of 5.1%, leading to an upward revision of its FY25 revenue guidance. The bonus payout surpasses the previous quarter's 80%, with Infosys outpacing rivals like TCS. Employees are also awaiting salary hikes, with revisions expected from ...Read More >
Chief Minister Mohan Yadav has expressed his gratitude to Prime Minister Modi and the Union Cabinet for approving 3 multitracking projects of the Railway Ministry worth Rs 7 thousand 927 crore. Chief Minister Yadav said that the state is making rapid progress under the able leadership of Prime Minister Modi, due to the increasing network of railways in the state, and transportation for the people of the state has also become fast and easier. The people of the state are grateful to Prime Minister Narendra Modi and Railway Minister Ashwini Vaishnaw for the continuous new developments and contri ...Read More >
In a clear case of medical negligence, a 34-year-old woman died after doctors transferred the wrong blood type at Kakinada Government General Hospital, Andhra Pradesh. On Tuesday, November 26, the deceased, Bhavana Sirisha, was given AB+ blood group instead of O+. A house surgeon mistakenly transferred the wrong blood type. Sirisha, a resident of Palakollu in West Godavari district, was suffering from kidney ailments for the last four years and was admitted to the hospital for treatment. Doctors had advised a blood transfusion with 'O positive' group blood due to low hemoglobin levels. The ...Read More >
The Hyundai Tucson has received 5-star rating on the Bharat NCAP crash test and has become the first Hyundai SUV to do so. The most premium SUV offered by the South Korean manufacturer joins the Mahindra and Tata SUVs in the list of 5 star SUVs offered in India. The Hyundai Tucson scores 30.84 out of 32 in the adult occupant protection. It has scored 41 out of 49 in the child occupant protection. It received OK in the side pole impact test. The model of Hyundai Tucson that was tested by the Bharat NCAP was the top-spec 2.0-litre petrol-AT Signature variant. The particular variant gets six air ...Read More >
In a miraculous turn of events, a seven-year-old boy who was kidnapped from Uttar Pradesh's Ghaziabad district more than 30 years ago has reunited with his family. IMAGE: Raju was kidnapped when he was seven-year-old from Uttar Pradesh's Ghaziabad district. Photograph: ANI Now 38, Raju shared his ordeal and said that after being abducted in September 1993, he was handed over to a truck driver who took him to Jaisalmer in Rajasthan. "The kidnappers kept me in a room located in the middle of a barren area, where I was forced to take care of sheep and goats. Each night, I was chained and locke ...Read More >
During Tuesday's trading session, the shares of a global leader in glass-lined equipment surged nearly 3 percent to Rs. 1,247.5 on BSE, after a foreign portfolio investor (FPI) bought shares worth a total of around Rs. 167.4 crores in the company via a bulk deal. With a market capitalisation of Rs. 5,524 crores, at 02:19 p.m., the shares of GMM Pfaudler Limited were trading in the green at Rs. 1,228.7, up by nearly 1.4 percent, as compared to its previous closing price of Rs. 1,211.3. As per the latest block deal available with the NSE, foreign portfolio investor Amansa Holdings Private Limi ...Read More >
New Delhi, November 26: Prime Minister Narendra Modi on Tuesday said that the government at the Centre has strengthened the spirit of the Constitution over the last 10 years. Addressing the Constitution Day celebrations at the Supreme Court, PM Modi highlighted that in the last 10 years, more than 53 crore bank accounts were opened, more than 4 crore pukka houses were given and more than 10 crore free gas connections were given. "In the last 5-6 years, by providing tap water facilities in more than 12 crore houses, the government made the lives of citizens easy, particularly of women," he sai ...Read More >
New Delhi, Nov 28 (PTI) Coworking firm Incuspaze, which provides managed flexible office spaces to corporates, is looking to raise USD 25 million (over ₹210 crore) to expand its business across major cities before planning to launch its Initial Public Offer (IPO). Established in 2016, Incuspaze has a presence in 44 locations across 18 cities with a total portfolio of 40 lakh square feet. "We plan to add another 2 million (20 lakh) square feet in our portfolio by the end of December 2025," Incuspaze founder and CEO Sanjay Choudhary told PTI. In view of the growing demand for flexible workspa ...Read More >
The XEV 9e is fast and even in the lower range mode feels smooth along with lots of performance.Source : Somnath Chatterjee Electric cars are different and Mahindra has thrown everything at their new range of EVs in terms of a new electric architecture along with specifications normally seen on luxury cars. The XEV 9e based on the Inglo platform is the bigger and more premium EV which starts at Rs 21.9 lakh while coming with two battery pack options- 59 and 79kwh. The 79 kwh battery pack means 656 km range and 284 bhp which means 0-100 km/h is just 6.8 seconds. The big XEV has lots of road p ...Read More >
Cybercrime is quickly increasing in India, with reports surfacing daily about victims losing large sums of money to scammers. These scammers often use tactics like threatening a "digital arrest" to instill fear and pressure individuals into transferring money. They typically operate from foreign countries to evade capture by law enforcement. The Indian government, including Prime Minister Modi, is actively raising awareness about these scams. Recently, the Department of Telecommunications (DoT) issued a warning to the public regarding international fraud calls. They advised people to be caut ...Read More >
CHENNAI: Singles, Doubles, and the Team Championship - the 18-year-old Chennai girl, the daughter of an auto driver from Kasimedu, left nothing for competitors from around the world at the sixth edition of the Carrom World Cup held in the US which Team India swept. The Women's Singles final was a hard-fought contest, where the 18-year-old M Khazima kept her nerves to defeat 12-time national and multiple World Cup winner Rashmi Kumari from Bihar. With this victory, Khazima became the youngest Carrom World Champion. Khazima, whose father Mehaboob Basha is an auto driver from Kasimedu, had been ...Read More >
HYDERABAD, India, Nov. 26, 2024 /PRNewswire/ -- IBSAT 2024, the proctored online aptitude test conducted by The ICFAI Foundation for Higher Education, is MBA aspirants' gateway to premier MBA, PGPM offered at nine ICFAI Business School (IBS) campuses. With applications closing in the third week of December, this is the perfect time for the candidates to secure their future with IBS and explore its Rs. 10 crore scholarship program. IBSAT is designed to reduce the stress on aspirants unlike CAT, XAT as the test does not have negative markings or sectional time limits, allowing candidates to foc ...Read More >
Delhi Capitals made a strong impression at the IPL 2025 Mega Auction, assembling a well-balanced squad for the upcoming season. Key signings included former South Africa captain Faf du Plessis (Rs 2 crore), India pacer Mukesh Kumar (Rs 8 crore - RTM), and Sri Lankan bowler Dushmantha Chameera (Rs 75 lakh). The team also secured uncapped talents like Donovan Ferreira and Ajay Mandal. Co-owner Parth Jindal hailed the squad as “balanced,” while head coach Hemang Badani expressed confidence in their Indian core. Delhi Capitals’ full squad now includes big names like KL Rahul, Mitchell Starc, and T ...Read More >
Bhubaneswar: Prime Minister Narendra Modi is scheduled to visit Odisha for three days, from November 29 to December 1, to attend the annual Director General of Police (DGP) conference in Bhubaneswar. Union home minister Amit Shah will accompany him at the event, which will be held at the convention hall of Odisha Lok Seva Bhawan (State Secretariat). PM Modi and Shah are expected to arrive in Bhubaneswar on Friday afternoon. Elaborate security arrangements have been made for the high-profile visit, with the city placed on high alert. Areas surrounding the event venues have been declared 'no-f ...Read More >
The IPL 2025 auction in Jeddah saw records shattered, with Indian players dominating the headlines. Arshdeep Singh broke Yuvraj Singh's nine-year-old auction record, fetching ₹18 crore, only for Shreyas Iyer to surpass it with ₹26.75 crore. Rishabh Pant became the most expensive player, bought for ₹27 crore by Lucknow Super Giants. However, Jitesh Sharma's IPL salary hike was the talk of the auction, as he secured ₹11 crore, a staggering 5500% increase from his previous ₹20 lakh. Royal Challengers Bengaluru picked him up as a wicketkeeper-batter to replace Dinesh Karthik. Other big earners inc ...Read More >