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.
Gurugram: Heavy rains have once again turned Gurugram into a flooded mess, raising serious questions about the city's civic planning and the Haryana government's response. Roads are waterlogged, homes are flooded, and many residents are left struggling. Columnist and political commentator Suhel Seth didn't hold back. In a series of sharp tweets, he blamed Chief Minister Nayab Singh Saini and his government for the chaos. "Gurugram is a shame," he wrote, calling out the poor infrastructure and lack of responsibility shown by the authorities. The downpour began on July 9, leaving even the city's most expensive areas -- like DLF Phase V -- underwater. Cars were stuck, roads collapsed, and water entered several homes. Many residents shared photos and videos online, tagging the Municipal Corporation of Gurugram (MCG) and demanding action. In one of his posts, Seth mocked the "smart city" tag often given to Gurugram, urging people to face the reality: "Let's be honest. Gurugram is a shame... a shame on the jokers who govern the place." He even took a jab at Chief Minister Saini's reported plans to bring Disneyland to the city. "Just pray Mickey Mouse knows how to swim," he joked, adding that even rats might flee this sinking ship. In a fresh tweet on Friday, Seth demanded accountability: "Why is the @DC_Gurugram not being taken to task? Why? Why is @NayabSainiBJP shielding him?" A senior journalist covering the Delhi-NCR real estate market said the problem runs deep. "Gurugram grew backwards. Buildings and offices came first, then the planning. Noida did it the right way, first came the plan, then came the people," he said. The rain wasn't just an inconvenience; it was deadly. Five people died in separate incidents, including three due to electrocution, during the overnight downpour.
aipur, Nov 25 ( IANS) Jaipur District Collector Jitendra Kumar Soni on Monday instructed the departmental officials to make every possible effort with mutual cooperation and coordination to make the district beggar-free. He directed to ensure effective rehabilitation of people involved in beggary so that such persons leave begging and start a respectable life on the basis of their skills and hard work. The district collector held a meeting on Monday in the Collectorate Auditorium regarding the rehabilitation of people involved in beggary. As the Rising Rajasthan Global Investment Summit wil ...Read More >
New Delhi, Dec 3 (VOICE) White collar hiring in India grew 6 per cent in the festive season (October and November), driven by strong growths in key non-IT sectors, a report showed on Tuesday.The sectors like Oil and Gas (+16 per cent), Pharma/Biotech (+7 per cent), FMCG (+7 per cent), and real estate (+10 per cent), alongside sustained momentum in emerging domains like AI/ML (+30 per cent) and global capability centres (+11 per cent), according to Naukri JobSpeak Index. While the IT sector has historically been a dominant force in fresher hiring, the current trend shows a significant upsurge ...Read More >
Bengaluru: In a setback to Karnataka Chief Minister Siddaramaiah, the Directorate of Enforcement (ED), Bangalore Zonal Office has provisionally attached 142 immovable properties having an approximate market value of Rs 300 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with the Mysuru Urban Development Authority (MUDA) scam. Chief Minister Siddaramaiah is accused number one in the case and the investigation is also conducted against others who got the illegal allotments done through the MUDA. His wife B.M. Parvathi is the second accused. "The ...Read More >
Prayagraj (Uttar Pradesh) [India], February 5 (ANI): Uttar Pradesh Vidhan Sabha Speaker Satish Mahana visited the Maha Kumbh in Prayagraj on Wednesday and expressed his admiration for the arrangements, calling them "unique, amazing, and unimaginable." Speaking to ANI, Mahana shared his experience of visiting the Kumbh twice, remarking on the inclusivity of the event, where people from all walks of life--regardless of wealth, caste, or background--gather to bathe in the Triveni Sangam, embodying unity. "I am fortunate to have the opportunity of coming twice to Maha Kumbh. The arrangements her ...Read More >
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New Delhi: The ongoing clash between Elon Musk and Donald Trump has taken a dark and explosive turn. On June 6, the Tesla CEO sent shockwaves across social media by accusing the US president of hiding crucial Jeffrey Epstein files because Trump's name allegedly appears in them. In a post on X (formerly Twitter) that is already stirring up huge debate, Musk wrote, "Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!" He further added, "Mark this post for the future. The truth will come out." ...Read More >
Vijayawada: Chief Minister N Chandrababu Naidu on Thursday said that concerted efforts would be made to increase green cover in the state from current 30.05 per cent to 50 per cent by 2047 when India would celebrate its centenary year of Independence. Addressing the Vana Mahotsavam event on the World Environment Day at Ananthavaram village in Thullur mandal near here, the Chief Minister said: "Currently, Andhra Pradesh has 37,421 sq km of forest area, accounting for 23 per cent of the total area in the State. When we add greenery outside forests, the state's green cover stands at 30.05 per ce ...Read More >
NEW DELHI: Indian equities surged sharply after the Reserve Bank of India (RBI) delivered a larger-than-expected 50 basis points repo rate cut, reducing it to 5.5% in today's Monetary Policy Committee (MPC) meeting. The move, led by Governor Sanjay Malhotra, exceeded market expectations of a modest 25 basis points cut, thus fueling a broad-based rally. The BSE Sensex zoomed by about 800 points to trade above 82,200 level while the NSE Nifty surge more than 250 points to trade around 25,000 level as of 12.15 pm. Stocks in the rate-sensitive sectors like realty, banking, NFBC and auto counters ...Read More >
Meet Venkata Datta, Hyderabad techie, who is set to marry badminton star PV Sindhu The KYC Bubble: How digital ID's could trigger a global collapse 5 reasons why Allu Arjun will become biggest pan-India star with Pushpa 2: The Rule This is world's weirdest hotel where guests stay to get insulted, pay Rs 20000 room rent, it is located in... Vikrant Massey breaks silence on his 'retirement' announcement, says his post was misread: 'I'm not...' After breakup with Arjun Kapoor, Malaika Arora does 'Nain Matakka' with another actor, netizens react Naga Chaitanya-Sobhita Dhulipala wedding: Allu ...Read More >
Mumbai: The death toll in Monday's BEST bus crash rose to seven and the number of injured to 42 even as the driver, Sanjay More, booked for culpable homicide not amounting to murder, claimed he had noticed a spark and mistakenly accelerated the bus instead of applying brakes. Seeking More's custody, police said they want to investigate if he intentionally used the vehicle as a weapon. The bus on Route 332 had accelerated on a congested 200m stretch near Kurla station hitting vehicles and pedestr ...Read More >
Raipur: Chhattisgarh chief minister Vishnu Deo Sai on Tuesday, January 14, announced an aid of Rs 10 lakh to the kin of journalist Mukesh Chandrakar, who was murdered in Bijapur district earlier this month. Talking to reporters at the helipad in police lines, Sai said a building will be constructed for scribes and named after the slain journalist. Sai said, "The deceased journalist's family will be given Rs 10 lakh assistance. A building will be constructed for journalists, and it will be named after him." 33-year-old freelance journalist Mukesh Chandrakar went missing on January 1. His body ...Read More >
NEW DELHI: The Indian Medical Association (IMA), Haryana, to suspend Ayushman Bharat scheme services across the state from February 3, citing pending government reimbursements amounting to Rs 400 crore. "We have been again approached by all empanelled hospitals of Haryana to act on their behalf and inform you that if following demands are not met soon, they will be forced to suspend Ayushman services from 3rd February 2025," a statement released by the association read. Approximately 1,300 hospitals in Haryana, including 600 private facilities, are empaneled under the Ayushman Bharat scheme. ...Read More >
CHENNAI: Indian equity markets experienced a significant rally today, spurred by the Reserve Bank of India's (RBI) unexpected policy measures aimed at stimulating economic growth. The RBI slashed the key repo rate by 50 basis points and reduced the Cash Reserve Ratio (CRR) by 100 basis points, injecting approximately ₹2.5 lakh crore into the banking system. This aggressive easing, coupled with a shift in the RBI's policy stance from 'accommodative' to 'neutral', boosted investor sentiment across sectors. The apex bank's bold policy actions have injected liquidity and optimism into the markets ...Read More >
TARC Limited announced today that it has sold 50 per cent of its TARC ISHVA residential project, valued at ₹1,350 crore, just two months after its launch in September 2024. The luxury residential development on Golf Course Extension Road in Gurugram's Sector 63A spans 1.35 million square feet and offers four-side open residences with Aravali Hills views. The shares of TARC Limited were trading at ₹212 up by ₹6.29 or 3.06 per cent on the NSE today at 11.57 am. Amar Sarin, Managing Director & CEO, highlighted the project's success, attributing it to the company's customer-centric strategy and ...Read More >
New Delhi: Blinkit, the quick-commerce giant famous for delivering groceries and essentials in minutes, is taking a big leap into the world of electronics. CEO Albinder Dhindsa recently shared the news on X and announced that users can now order laptops, monitors, printers and other electronic items through the platform, all delivered to their doorstep in just 10 minutes. "We're expanding our electronics range to cover more use cases and have partnered up with leading brands in this category," Blinkit CEO Albinder Dhindsa announced in a post on X (formerly Twitter) on Thursday. Dhindsa menti ...Read More >
New Delhi, Jan 17 (PTI) Veteran journalist and writer Humra Quraishi, who died due to heart failure and diabetic complications, was known as an advocate for truth, justice and as a champion for the marginalised. Quraishi breathed her last at a hospital in Gurugram on Thursday, her daughter Sarah Quraishi told PTI. She was 70. Also Read | Indian Army's 'Sambhav' Smart Phone Used During China Border Talks for Secure Communication. Born in Shahjahanpur in Uttar Pradesh on April 25, 1956, Quraishi worked as a Delhi-based writer and columnist. Also Read | Saif Ali Khan Stabbing Case: 'Bring a S ...Read More >
Chandigarh, Jan 31 (SocialNews.XYZ) Haryana Chief Minister Nayab Singh Saini on Friday slammed former Delhi Chief Minister and AAP national convener Arvind Kejriwal over the quality of Yamuna water, saying no work had been done in Delhi over the past 10 years. He also accused Kejriwal of resorting to cheap politics to cover up his failures. "For the last decade, Kejriwal has forced the people of Delhi to drink contaminated water," Saini said. Chief Minister Saini, while presenting water samples from both Haryana and Delhi to the media at Yamuna Ghat in Wazirabad, emphasised the significant ...Read More >
Ladwa (Haryana) [India], May 22 (ANI): Haryana Chief Minister Nayab Singh Saini on Thursday carried out the Tiranga Yatra to honour armed forces for Operation Sindoor. The CM, in his address to the people, stated that the rallies were occasions to pay true homage to the sense of patriotism and sacrifice. "Tiranga Yatra is being organised in Ladwa today. Tiranga Yatras are being organised across the country...These Yatras are not just events but occasions to pay true homage to the sense of patriotism and sacrifice...This Yatra is not just of the tricolour, this is a Yatra of our pledge, brave ...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 >
India's housing market is booming, with 2024 projected to be the best year yet. Over 300,000 homes worth ₹510,000 crore are expected to be sold across the top seven cities, driven by economic growth and infrastructure improvements. Sales in the first nine months already reached nearly 230,000 homes, indicating continued robust demand and rising capital values.India's housing property market continues to remain on a strong footing, with the year 2024 expected to end as the best year ever in term ...Read More >
Hisar, Jun 5 (PTI) Haryana Chief Minister Nayab Singh Saini Thursday announced the establishment of natural and organic mandis in Gurugram and Hisar to promote natural farming on a large scale in the state. The Gurugram mandi will cater to produce such as wheat, paddy and pulses, while the Hisar mandi will focus on fruits and vegetables grown through natural and organic methods. Also Read | Delhi: High-Level US Team Arrives for Talks on Bilateral Trade Pact With India. In addition, a committee will be formed under the Haryana Kisan Kalyan Pradhikaran to determine fair pricing for produce gr ...Read More >
Punjab farmer leader Jagjit Singh Dallewal's hunger strike enters its 17th day. His health is critical. The Supreme Court urges dialogue between the government and Dallewal. Dallewal demands MSP guarantee and other farmer-centric issues. He has written an open letter to the Prime Minister. Farmers' organizations continue their protests at the Punjab-Haryana border.The Supreme Court on Friday expressed serious concern over the deteriorating health of Punjab farmer leader Jagjit Singh Dallewal, who ...Read More >
Chandigarh: Haryana Chief Minister Nayab Singh Saini, while addressing representatives of the Brahmin community from across the state at his residence, Sant Kabir Kutir, said that the state government would celebrate the birth anniversary ofLord Parshuram in a grand manner at the government level. In addition, in response to the demand from Brahmin community representatives for the formation of a Brahmin Welfare Board, the Chief Minister assured that prominent members of the society would be inv ...Read More >
Ambala, Jan 31 (PTI) Haryana Minister Anil Vij on Friday said that it has been more than 100 days since he publicly raised the issue of those, including officials, who "played a role" in trying to defeat him in the elections, but no action has been taken against them. "Within a week of winning my seventh election (the last assembly polls), I publicly raised the issue of those who played a role in trying to defeat me -- whether they were officials, employees, or small-time political leaders (chhote neta). After that, I also wrote to various officials, but even after 100 days, neither was I cal ...Read More >
New Delhi [India], February 7 (ANI): Around 30 Bihar MPs from BJP, JD(U), and other parties of NDA met Prime Minister Narendra Modi in Parliament on Friday. The MPs felicitated the Prime Minister for the Budget announcements for their state. With Assembly elections scheduled for November this year, Bihar received significant attention in the Budget. Finance Minister Sitharaman announced the expansion of Patna Airport, the establishment of four new greenfield airports, and the construction of a brownfield airport at Bihta. Notably, Bihar was mentioned multiple times in Sitharaman's Budget spe ...Read More >
Srinagar, June 05: Prime Minister Narendra Modi on Thursday said that June 6 is indeed a special day for my sisters and brother of Jammu and Kashmir as key infrastructure projects worth Rs 46,000 crore are being inaugurated including Udhampur-Baramulla-Srinagar Rail Link (USBRL) project. The PM Modi said USBRL project will ensures all weather connectivity and the Vande Bharat trains from Shri Mata Vaishno Devi Katra to Srinagar will boost spiritual tourism and create livelihood opportunities. In a post on X (formerly Twitter), Prime Minister Modi said: "Tomorrow, 6th June is indeed a special ...Read More >
Hisar, Jun 5 (PTI) Haryana Chief Minister Nayab Singh Saini Thursday announced the establishment of natural and organic mandis in Gurugram and Hisar to promote natural farming on a large scale in the state. The Gurugram mandi will cater to produce such as wheat, paddy and pulses, while the Hisar mandi will focus on fruits and vegetables grown through natural and organic methods. In addition, a committee will be formed under the Haryana Kisan Kalyan Pradhikaran to determine fair pricing for produce grown using natural and organic farming practices. The Chief Minister made these announcements ...Read More >
Chief Minister Mohan Yadav, campaigning to invite global investors to the Global Investors Summit to be held in Bhopal in February 2025, addressed an interactive session with industrialists during a roadshow in London, UK, on Tuesday. Yadav praised the dynamic leadership of Prime Minister Narendra Modi for the rapid industrial development seen across India. Inviting the industrialists to invest in Madhya Pradesh, he highlighted that the state possesses one of the largest land banks in the country. Madhya Pradesh has transparent and investor-friendly policies and is a leader in the mining and ...Read More >
Chennai (Tamil Nadu) [India], May 29 (ANI): Tamil veteran actor Rajesh passed away at the age of 75 years on Thursday morning. As per his relatives, the actor passed away on the way to Madras Institute of Orthopaedics and Traumatology (MIOT) hospital after he suddenly experienced difficulty in breathing. Also Read | 'Sister Midnight' Censored in India: CBFC Blurs Nudity From Radhika Apte's Dark Comedy - View Full List of Cuts. Rajesh has worked in over 100 films in his entire acting career. He started his acting journey with a superhit film, 'Aval Oru Thodar Kathai', which also starred Kama ...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 >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >