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.
Agartala (Tripura) [India], July 12 (ANI): In a significant step towards sustainable urban development, the Agartala Municipal Corporation (AMC) has unveiled a comprehensive new master plan named Greater Agartala, aimed at guiding the capital city growth over the next two decades. Speaking to ANI, Agartala Mayor Dipak Majumder said the new plan was crucial to address the city rapid expansion and to ensure organised development going forward. Agartala has never had a formal master plan, which is why much of the city previous development was unplanned. Greater Agartala aims to correct that course, he stated. The ambitious blueprint incorporates the city existing 51 municipal wards, while bringing 49 adjoining Gram Panchayats under the planning framework for future urban expansion. Depending on the necessity and population growth, development will be extended to these areas, the Mayor explained. Key features of the new plan include provisions for Metro rail stations, New industrial estates, wider roads and flyovers, and Modern housing infrastructure. To prepare the plan, cutting-edge Geographic Information System (GIS) technology has been utilised, ensuring data-driven and precise urban mapping. In addition, the Urban Development Department is in the process of developing a 3D city model, which will offer a detailed visualisation of future Agartala. Given the rising number of apartment-based residences, new real estate laws are also in the pipeline to streamline construction and housing policies. Mayor Majumder confirmed that the first phase of the plan is already complete and is currently under review in the AMC council meeting. After approvals and further discussions, well begin formulating policies and executing the framework laid out in this plan, he said. With this initiative, Agartala sets a forward-looking precedent for urban transformation, aiming to strike a balance between growth and liveability. (ANI) Disclaimer: This news article is a direct feed from ANI and has not been edited by the News Nation team. The news agency is solely responsible for its content.
BJP member Manas Dutta blamed the previous BJD government and held it responsible for not extending their service agreement which ended in April, 2024. As hundreds of women working as support staff under the Mission Shakti department staged a demonstration outside the Assembly over different issues, the opposition BJD on Monday demanded immediate release of their salaries. While the agitating women were shouting slogans at the Mahatma Gandhi Road leading to the Assembly, the issue was raised in ...Read More >
Gurugram, 11 December 2024: Around USD 40 billion of investments are envisaged over the next 5-6 years for the development of Electric Vehicles (EV) & ancillary industries in India. However, the deployment of these funds will rely upon successful implementation of government policies, charging infrastructure ramp-up and domestic manufacturing capacity scale-up. As per Colliers' latest report "EVs in India: Renewed Vigour in Electric Mobility", about two-thirds of the planned investments, can potentially materialize in the lithium-ion battery segment alone. Interestingly, despite slower than an ...Read More >
Kochi: The Congress-led United Democratic Front (UDF) made significant gains in the bypolls to 31 local body wards in Kerala, held on November 20, according to results released by the State Election Commission (SEC) on Wednesday. The bypolls were held in one district panchayat ward, four block panchayat wards, three municipality wards, and 23 grama panchayat wards. In the previous elections held in 2020, the CPM-led Left Democratic Front (LDF) controlled 15 wards, the UDF controlled 13, and the Bharatiya Janata Party (BJP) controlled 3. Also Read: Bypolls in 15 seats across Uttar Pradesh, P ...Read More >
New Delhi [India], January 8 (ANI): The upcoming union budget 2025-26 should focus on giving personal tax relief to common taxpayers by raising the basic exemption limit in the new tax regime from Rs 3 lakhs to Rs5 lakhs and reducing tax rates, suggests global consulting and professional services firm Ernst & Young India (EY India). EY India also asks for deferring tax deduction at source (TDS) on PF interest rate (above 2.5 lakhs) until the withdrawal stage to reduce compliance burden. In the previous budget TDS rate rationalization was undertaken to a certain extent. To further simplify th ...Read More >
New Delhi [India], January 17 (ANI): Congress candidate from Malviya Nagar assembly, Jitender Kumar Kocher, on Friday, slammed the Aam Aadmi Party (AAP) and said that Delhi wants a change and that people in the national capital seek relief from AAP. "Delhi wants a change. They want relief from AAP... The people of Delhi still remember the work I did... Only Congress will form a government in Delhi. Malviya Nagar is not getting clean. There is garbage everywhere. Sewers are choked. I am going to people with work I have done in 15 years. Congress will be ahead of all the parties in this electio ...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 >
Mumbai: Maharashtra will connect the Nagpur-Mumbai Samruddhi expressway corridor to the upcoming greenfield Vadhvan port, slated to be the country's biggest such facility, via the Nashik highway, the upcoming Delhi-Mumbai greenfield expressway corridor, the Mumbai-Ahmedabad highway, the under-construction bullet train corridor, and the coastal road that is planned to be extended up to the port."The Prosperity corridor will have up to 500 MW to 1,000 MW capacity solar plant along it with 200 MW starting soon, besides a huge gas pipeline that will supply PNG not only to cities but also to power ...Read More >
New Delhi, Jun 6 (PTI) The Delhi government has rolled out guidelines for tree officers to enforce certain sections of the Delhi Preservation of Trees Act (DPTA), 1994, officials said. Environment Minister Manjinder Singh Sirsa said Section 8 of the DPTA mandates that no tree shall be felled, removed or disposed of without prior permission from the tree officer. However, it provides an exception for emergency cases, where a tree poses an immediate danger to life, property or traffic, he explained. In such situations, RWAs, land-owning agencies, individuals or responsible agencies may act wit ...Read More >
New Delhi [India], June 7 (ANI): Delhi police have lodged an FIR against anti-social elements involved in spreading misinformation about the demolition drive on the basis of a complaint filed by the Delhi Urban Shelter Improvement Board (DUSIB), a release said. Chief Minister Rekha Gupta had earlier issued an order to take strict legal action against those spreading misinformation about the demolition drive. The complaint highlights that a list of 675 JJ Bastis, which is publicly available on the DUSIB website for informational and administrative purposes, is being falsely circulated as the ...Read More >
Nainital (Uttarakhand) [India], June 7 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami inaugurated and laid the foundation stone of 27 development projects of Nainital district worth about 126 crore 69 lakhs in a program organised at Lalkuan, Nainital on Saturday. These projects include schemes related to education, road, medical, irrigation, sewerage, urban development, beautification and destitute cow protection. During this, 9 schemes were inaugurated at a cost of 25.93 crores and foundation stone were laid for 18 schemes at a cost of 100.76 crores. The Chief Minister said in his ad ...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 >
BusinessWire India Noida (Uttar Pradesh) [India], December 11: Comprehensive insurance policies are very helpful for two-wheeler owners as they protect them from financial losses incurred on their own vehicles and also cover third-party liability. Because of its all-round nature, many refer to them popularly as 'package' insurance. However, in India, many people do not opt for comprehensive two-wheeler insurance as the government has not made it compulsory. However, it is highly recommended that two-wheeler owners get one, and we have covered the reasons for this in this guide. How are Comp ...Read More >
Leh (Ladakh) [India], January 8 (ANI): Padma Desal delivered a stellar performance, scoring six goals to lead Sham Eagles to a commanding 8-3 victory over Chiktan Queens in the women's category of the Ice Hockey League Season 2. The Eagles kicked off their campaign impressively, setting a new season record for the highest-scoring match. In the men's category, Changthan Shans maintained their perfect start, defeating Zangskar Chadar Tamers 7-2 to remain unbeaten after three games. Purig Warriors ended Sham Wolves' unbeaten streak with an impressive 5-2 victory, while the match between Humas War ...Read More >
New Delhi [India], December 3 (ANI): India's real estate sector is entering a "sweet spot," supported by a unique combination of favourable factors expected to drive growth over the next three to five years, according to a UBS report. The report highlights multiple tailwinds for the residential sector, including record-low inventory levels, strong affordability, supportive regulations, and increased consolidation among developers. Additionally, factors such as urbanization, rising incomes, and potentially lower interest rates further bolster the outlook. The Indian property sector has been a ...Read More >
Kaza (Himachal Pradesh) [India], January 17 (ANI): The Spiti Cup 2025 concluded with an action-packed finale, where teams fiercely competed across Men's, Women's, and U-18 Boys' categories showcasing the finest grassroots Ice Hockey talent from the Lahaul Spiti region. Sham Zone clinched the Men's title with a narrow 1-0 victory over Center Zone, while the Women's championship was decided on goal difference, with Center Zone emerging as the winner. Tod Zone claimed the U-18 Boys' title. With standout performances from players like Tanzin Solden and Kunga Wangpo and stellar goalkeeping by Abhi ...Read More >
Rajouri: State Health Department teams are continuing door-to-door surveillance in Badhal village as the mystery illness in Rajouri district in Jammu and Kashmir continues to claim lives. This after an 'unidentified' disease has claimed 16 reported fatalities and 38 affected individuals According to reports, NCDC (National Centre for Disease Control), ICMR (Indian Council of Medical Research) teams have been deployed for investigation as 16 deaths have been reported in Budhal village since December 2024 due to a 'mysterious illness.' Dilmir Choudhary, ADC Kotranka said, "Since December, we h ...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 >
New Delhi [India], June 7 (ANI): Congress leader Jignesh Mevani on Saturday questioned the government over the ceasefire in Operation Sindoor, alleging foreign pressure and demanding clarity on its terms. Mevani accused Prime Minister Narendra Modi of backing down under US influence and asked why the remaining terrorists haven't been caught. 'It's been a month since the government launched Operation Sindoor and claimed to have caught a terrorist. The Prime Minister boasts of a 56-inch chest, says India is a Vishwa Guru, and speaks of vermilion running through our veins. Then why haven't the ...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 >
New Delhi, Dec 26 (VOICE) India in 2024 saw a boom in employment rates, with women and youth leading the charge in workforce participation, according to a report.The report by Apna.co, a job and professional networking platform, showed women contributed an impressive 2.8 crore job applications -- 20 per cent higher than in 2023. Similarly, the youth posted a 27 per cent year-on-year increase in job applications. Women contributed an impressive 2.8 crore job applications out of a total of 7 crore, a 25 per cent year-on-year surge, in 2024. Flexible work opportunities, gender-focused initiativ ...Read More >
Belagavi (Karnataka) [India], December 26 (ANI): As the Congress is set to celebrate the centenary of the 1924 session of the party presided over by Mahatma Gandhi, party leader Salman Khurshid arrived in Belagavi on Thursday and said it is historical, and history was made here 100 years ago. "This is historical; history was made here 100 years ago. We need new inspiration and country. We need to take the country in the right direction and fight for the Constitution," Khurshid said while speaking to the media at the Airport. Several Congress leaders will be attending the Congress Working Com ...Read More >
Srinagar, June 7: Jammu and Kashmir Lieutenant Governor Manoj Sinha, on Saturday, congratulated the University of Kashmir for getting an A++ grade in the NAAC inspection. The Lt Governor extended his heartiest congratulations to the Vice Chancellor, faculty, staff, and students of the University of Kashmir for attaining the prestigious A++ Grade by the National Assessment and Accreditation Council (NAAC), and securing an outstanding Cumulative Grade Point Average (CGPA) of 3.68 on a seven-point scale. Calling it a proud moment for J&K UT, the Lt Governor said, "The A++ Grade places the Un ...Read More >
Mumbai (Maharashtra) [India], December 2: Dosti Realty, a leading brand in the real estate sector recognised for delivering exceptional residential experiences and premium lifestyle projects across the Mumbai Metropolitan Region has announced the "Good Buy 2024" campaign for aspiring homeowners. An ideal way to bid farewell to the year, the Dosti Realty campaign is designed to resonate with the spirit of the year-end, inspiring homebuyers to make meaningful investments that shape their future. Also Read | Farmers Protest: Massive Congestion at Delhi-Noida Border as Police Set Up Barricades Ah ...Read More >
Kolkata: BJP on Saturday criticised urban development minister Firhad Hakim over a video where the Kolkata mayor is purportedly heard making a comment on minorities. Hakim had made the comment while addressing an educational conference recently. Hakim said BJP was using his quote out of context and he was only referring to the gulf between the educated and the uneducated. "As education spreads, the gulf will be bridged and there will be one identity," said Hakim. Saying that he would never play ...Read More >
Alipurduar (West Bengal) [India], May 29 (ANI): Prime Minister Narendra Modi on Thursday laid foundation stone of City Gas Distribution project in Alipurduar and Cooch Behar districts in West Bengal on Thursday. The project, worth over Rs 1010 crore, aims to provide Piped Natural Gas (PNG) to more than 2.5 Lakh households, over 100 commercial establishments, and industries, and Compressed Natural Gas (CNG) to vehicular traffic by establishing around 19 CNG stations in line with the Minimum Work Program (MWP) targets stipulated by the Government. Also Read | Kerala Lottery Result Today 3 PM L ...Read More >
PUNE: In a move to empower homebuyers and enhance transparency, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has revised its project registration certificates to include critical details about real estate projects in a concise, reader-friendly format. For the first time, the certificate -- issued at the time of project registration -- includes comprehensive data such as the project's total built-up area, number and names of buildings and wings, approved habitable floors, total residential and non-residential units, commencement certificate status, and number of parking spaces f ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
India's International Train Links: These 5 Indian Stations Connect You To Another Country By Train Kerala Lottery Results Saturday 07-06-2025 LIVE: The Kerala Lottery Department, on behalf of the state government, will announce the results for the Karunya KR-709 draw today, June 07, 2025. The lucky draw will take place at Gorky Bhavan, near Bakery Junction in Thiruvananthapuram. This week's Karunya KR-709 lottery includes 12 series, with the series being subject to change each week. A total of 1.08 crore tickets are available for sale weekly, and ticket prices may vary. Check the Karunya KR-7 ...Read More >
India Budget: The Union Budget 2025-26 should prioritise giving tax relief to common taxpayers by raising the basic exemption limit in the new tax regime from ₹3 lakh to ₹5 lakh and lowering tax rates, according to Ernst & Young India (EY India), a global consulting firm. EY India also recommended delaying the tax deduction at source (TDS) on provident fund (PF) interest above ₹2.5 lakh until the withdrawal stage to reduce the compliance burden on taxpayers. Also Read: India to simplify decades-old income tax filing rules in Budget In the last budget, some TDS rate rationalisation was intro ...Read More >