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 Bengaluru Central Division CEN Police have registered a FIR after an alleged cyber fraud attempt targeting Karnataka Upalokayukta Justice K.N. Phaneendra came to light. The incident occurred on July 9, when Justice Phaneendra reportedly received a suspicious phone call from unidentified individuals claiming to be officials from the Data Protection Board of India, based in Mumbai. Introducing themselves as Senior Legal Advisor Deepak Kumar Sharma and Junior Legal Advisor Rahul Kumar Sharma, the callers alleged that illegal activities were being carried out from a mobile number linked to Justice Phaneendra's Aadhaar card. Phaneendra, sensing suspicion, asked the callers to send an official notice instead of making phone calls. He later lodged a formal complaint. Following the complaint, the Central Division CEN Police registered a case and have launched an investigation into the case. Get all the latest, breaking news from Karnataka in a single click. CLICK HERE to get all the latest news from Karnataka.
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 >
Police said a probe is underway. Mumbai: A 25-year-old woman in Mumbai was allegedly harassed by a loan app firm and her morphed nude photographs were shared with her relatives and friends, even as she handed over an amount of money that was more than what she borrowed. According to the police, the victim from Kranti Nagar area in Jogeshwari West said she was in need of money when she came across an advertisement of a mobile app called "Cash Loan" on Instagram. On July 20, she downloaded the a ...Read More >
Himachal Pradesh faced nature's fury. Bridges collapsed in Shimla, Lahaul, and Spiti. Cloudbursts and flash floods caused widespread damage. Over 300 roads closed, disrupting travel. A police post swept away, shops damaged. No casualties reported yet. Orange alert issued for more heavy rain. The state has suffered significant financial losses this monsoon. Many people have died in rain-related incidents. Several bridges were washed away in Shimla and Lahaul and Spiti districts, while over 300 roads, including two national highways, have been closed across Himachal Pradesh following fresh inci ...Read More >
PATNA: Congress leader Rahul Gandhi is all set to embark on 'Vote Adhikar Yatra' from Bihar's Rohtas district on August 17 to register a protest against how the ongoing special intensive revision (SIR) of the electoral rolls was being conducted in the state. This comes at a time when the Opposition is ratcheting up its protest against the SIR and casting aspersions on the integrity of elections. AICC general secretary (organisation) and MP KC Venugopal held a meeting with the INDIA bloc leaders at Sasaram in Rohtas district on Wednesday and reviewed preparations for Rahul Gandhi's visit to Bi ...Read More >
Bengaluru, Dec 16 (PTI) A 57-year-old woman fell prey to an alleged "digital arrest" scam and lost over Rs 2.05 crore to cybercriminals, who posed as law enforcement officials, police said on Tuesday. 'Digital arrest' is a form of cyber fraud where fraudsters pose as law enforcement officers and threaten people through audio or video calls, forcing them to transfer money online. The woman was also coerced into selling multiple properties and taking bank loans to meet the fraudsters' demands, they said. The offence is said to have occurred between June 19 and November 27, police said. Accor ...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 >
Etawah: The alleged caste-based dispute in this district of Uttar Pradesh has taken a new twist as police registered an FIR against two 'kathavachaks' (priest-narrators) for allegedly hiding their caste identity and molesting a woman. The case was registered on Wednesday night at the Bakewar police station following a complaint by a family. Police said that Jai Prakash Tiwari, a resident of Dadarpur village, accused priest-narrators Mukut Mani Yadav and Sant Kumar Yadav of falsely claiming to be Brahmins and using fake Aadhaar cards to support their identity. "The duo allegedly introduced th ...Read More >
Panaji: Goa police on Saturday arrested a person for allegedly trying to obtain a passport based on forged documents.North Goa SP Rahul Gupta said that they registered an FIR based on a complaint filed by passport officer Nijo Varghese.Gupta said that Pankaj Choure, a resident of Khorlim, Mapusa, forged his birth certificate, PAN card, and Aadhaar card and used them to apply for a passport on the Passport Seva portal.The complaint stated that when the accused was questioned by the passport officer about his documents, he realised that he was exposed, said Gupta, adding that he then escaped fro ...Read More >
Chennai, Jul 15 (PTI) The ManipalCigna Health Insurance Company Ltd has planned to expand its footprint in Tamil Nadu with 10 more branches and add over 10,000 advisors across South India. ManipalCigna Health Insurance Company Ltd is a joint venture between Manipal Group, an eminent player in healthcare delivery and higher education and global health services company Cigna Healthcare. Also Read | Aadhaar Free Update: Government Requests Parents to Update Children's Aadhaar Biometrics Between Age 5-7, Free of Cost. Citing a data from the General Insurance Council (GIC), ManipalCigna said it ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
The complaint also claims that the persons asked about the number of Muslim voters and how many had their submitted papers. A senior journalist has been booked on charges of interfering with Bihar's electoral roll revision and provoking communal discord, police said Monday. Ajit Anjum, an award-winning journalist, was booked under sections of the Bharatiya Nyaya Sanhita, 2023, and The Representation of Peoples Act, 1951, after he visited a poll booth in Balia on July 12. Anjum, who runs a YouTu ...Read More >
Amritsar (Punjab) [India], July 15 (ANI): The Golden Temple in Punjab's Amritsar received another bomb threat on Tuesday. The dog squad has been deployed at the Golden Temple premises as part of a security check. The holy site for Sikhs received a bomb threat via e-mail for the second consecutive day. Also Read | India Raises Pahalgam Terror Attack at SCO Meeting: EAM S Jaishankar Calls for 'Uncompromising Position' on Combatting Terrorism. Pratap Singh, Secretary of the Shiromani Gurdwara Parbandhak Committee (SGPC), demanded strict action against the miscreants. Pratap Singh told reporte ...Read More >
Guwahati, Jul 15 (PTI) Congress president Mallikarjun Kharge and Leader of Opposition in Lok Sabha Rahul Gandhi will visit Assam on Wednesday during which they will interact with party functionaries of the state. State Congress chief Gaurav Gogoi said the district, block and mandal presidents of the party will be able to present their views before its top leadership during Kharge and Gandhi's visit. Also Read | Did Lucknow Court Judge Take Selfie With Rahul Gandhi During Hearing of Indian Army 'Defamation' Case? BJP's Amit Malviya Found Fake in Fact Check. "I look forward to welcoming Shri ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
Police traced the money and technical trails, deploying teams across Delhi, Uttar Pradesh, Kerala, Maharashtra, Haryana, Rajasthan and Odisha Delhi Police busted an interstate cyber fraud syndicate by arresting 10 people from across 7 states, for allegedly defrauding people by impersonating law enforcement officers and threatening victims with "digital arrest", officers aware of the matter said on Tuesday. Deputy commissioner of police (southeast) Hemant Tiwari said that the network is linked t ...Read More >
Surat, Jul 4 (PTI) A no objection certificate (NOC) from at least 10 neighbours will now be required if residents of a housing society want to keep a pet dog at their home in Surat city of Gujarat, civic officials said on Friday. In case of a multi-storey apartment building, the pet owner must submit an NOC issued by the chairperson and secretary of the residential building, said officials of the Surat Municipal Corporation (SMC). In view of some recent incidents, including a toddler's death in Ahmedabad following a pet canine's attack in May, the SMC has started issuing notices to dog owner ...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 >
Mumbai (Maharshtra) [India], May 29 (ANI): The Central Bureau of Investigation on Thursday (CBI) arrested two accused, including a Junior Passport Assistant working at the Passport Seva Kendra (PSK), Lower Parel, Mumbai, and an agent, in connection with a corruption case involving the issuance of passports based on fake documents in exchange for bribes. A case was registered by CBI against the Office Assistant/Verification Officer at PSK Lower Parel and other private persons working as passport agents. The FIR alleges that during 2023-2024, the accused public servant entered into a criminal c ...Read More >
NEW DELHI: The Enforcement Directorate (ED) on Thursday announced the provisional attachment of assets worth approximately ₹131.45 crore in Spain, including a luxury yacht and immovable properties, under the Prevention of Money Laundering Act (PMLA). These assets belong to Pavel Prozorov, a Spanish national and the alleged mastermind behind the unauthorised forex trading platform OctaFX. The attached assets comprise a commercial Italian-model luxury yacht cruising in the Western Mediterranean, a minijet boat, a luxury car, and two residential properties in Spain. The ED's probe was launched ...Read More >
ITANAGAR, 2 Jul: Chief Minister Pema Khandu on Wednesday claimed that the frontier state holds the distinction of being India's largest carbon sink, an ecological powerhouse playing a pivotal role in combating climate change and aiding the country's march toward net-zero emissions. In a social media post as part of his administration's 'Pema 3.0 - Year of Ref-orms and Growth' campaign, Khandu highlighted that Arunachal Pradesh contributes a remarkable 14.38 percent to India's total carbon sequestration. With an impressive 79 percent forest cover, the state currently boasts a carbon stock of ...Read More >
Mumbai: Hooliganism under the guise of Marathi pride will not be tolerated in the state, CM Fadnavis warned on Friday. He said police had registered an FIR and taken action in the Mira Road incident where a businessman was beaten up by MNS workers for not knowing Marathi.Speaking to the media, Fadnavis said beating up someone over language was wrong. "We are Marathi and are proud of the language. Insisting that a person speak in Marathi is not wrong, but beating up a businessman because he does not know it is wrong. Our Marathi-speaking people are doing business in different states, and if the ...Read More >
Purnea (Bihar) [India], October 27 (ANI: Jan Suraaj founder Prashant Kishor on Monday took a swipe at the BJP-led central government over the EC's announcement of the 2nd phase of Special Intensive Revision (SIR) of electoral rolls across 12 States and Union Territories. He said that no matter what the BJP does, once the public turns against a party, it cannot be saved. "SIR was done in Bihar. What difference did it make? Was anyone's name struck off? A few people did face difficulties. BJP can try all it wants, but they might want to delete someone's name, scare someone and bother someone. B ...Read More >
Telangana BJP president N. Ramchander Rao has slammed a ₹25 crore defamation notice on Deputy Chief Minister Mallu Bhatti Vikramarka and sought an unconditional public apology for his 'illegal' and 'unlawful' acts of making false imputations against him with regard to the suicide of University of Hyderabad (UoH) research scholar Rohith Vemula causing him 'serious agony' and 'Irreversible' damage. Mr. Vikramarka has been given three days to apologise or criminal action will be taken claiming damages of ₹25 crore, said the legal notice sent on Tuesday. The notice sent through Mr. Ramchander Rao ...Read More >
New Delhi, Oct 1 (PTI) UPSC Chairman Ajay Kumar on Wednesday said that cheating and use of fake certificates in any government job recruitment examination by the candidates is "unacceptable" and it can cause long-term career damage to them. In a first-of-its-kind virtual town hall, he asked candidates to avoid "going that path", which may attract the strictest action, including debarment from appearing in any examination conducted by the Union Public Service Commission (UPSC) for three years. "For UPSC, cheating is not at all acceptable. We have a zero-tolerance policy on this. And if anythi ...Read More >
Hyderabad, October 2: A seven-year-old girl, who had been missing since Tuesday, was found dead in a water tank under the Madannapet police station limits in Hyderabad, police said on Thursday. The officials have registered a case and are investigating the matter, while the deceased has been shifted to the hospital for a post-mortem, according to officials. "A 7-year-old missing girl was found dead in a water tank yesterday. We have registered a case and are investigating the matter. The deceased body has been shifted for a post-mortem examination," the Madannapet police said. Officials said ...Read More >
CHANDIGARH: A portion of the frontal section of Congress MLA Sukhpal Singh Khaira's house in Bholath, Kapurthala, was demolished on Monday by the office of the Block Development and Panchayat Officer (BDPO). Khaira, a strong critic of Punjab Chief Minister Bhagwant Mann, condemned the move, calling it the dangerous introduction of "bulldozer (Pila-Panja) politics" in Punjab by Mann under directions from AAP supremo Arvind Kejriwal, aimed at silencing criticism and democratic dissent. As the demolition began, Khaira went live on social media, criticising the state government. Anticipating the ...Read More >
Pune, October 31: The Mumbai Police's South Region Cyber Cell on Wednesday, October 29, registered an FIR against NCP (Sharad Pawar) MLA Rohit Pawar for allegedly creating a fake Aadhaar card in the name of US President Donald Trump. The case against Rohit Pawar comes after a complaint filed by BJP's social media coordinator Dhananjay Wagaskar. According to the Times of India, Dhananjay Wagaskar alleged that Rohit Pawar's act endangered social security and incited anger against an autonomous institution. After receiving the complaint, the police registered a case was registered against Pawar ...Read More >
New Delhi, Nov 20 (PTI) Parents and friends of a Class 10 student who ended his life over alleged mental harassment by some teachers staged a protest outside the St Columba's school on Thursday, demanding strict action against the accused teachers and accountability from the private school. There was no immediate reaction from the school administration to the allegations. The victim student's aunt claimed the family had been unaware of the extent of his suffering. "He was depressed for so long. He kept complaining, but we stayed quiet because he was in Class 10. He even told his school coun ...Read More >
Guwahati (Assam) [India], June 6 (ANI): As part of an initiative by the Department of Forest and Environment, Assam Chief Minister Himanta Biswa Sarma on Thursday attended the World Environment Day event held at Srimanta Sankardev Kalakshetra in Guwahati. He flagged off 129 vehicles allocated to the Forest and Environment Department to support ongoing environmental protection efforts. He also launched a dedicated web portal and distributed arms to the commandos of three battalions of the Assam Forest Protection Force. CM Sarma said that, Assam in line with global observance, is marking Worl ...Read More >
Ahmedabad: The Detection of Crime Branch (DCB) police on Sunday registered an FIR against a couple from Vatva for allegedly cheating five people of a total Rs 55.38 lakh after promising them jobs in the Ahmedabad Municipal Corporation (AMC).The complainant, a 40-year-old resident of Paldi, approached the police with a detailed account of the fraud. According to her, after the death of her husband in May 2020, she began looking for a job to support her two children.In Sep 2022, she was introduced to a woman through a relative. The woman claimed she worked in AMC and could secure a sanitary insp ...Read More >