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's growth over the next two decades. Speaking to ANI, Agartala Mayor Dipak Majumder said the new plan was crucial to address the city's rapid expansion and to ensure organised development going forward. Also Read | Rajasthan Rains-Weather Forecast: Heavy Rain Alert in State Till July 15; Yellow Alert Issued for 24 Districts. "Agartala has never had a formal master plan, which is why much of the city's previous development was unplanned. 'Greater Agartala' aims to correct that course," he stated. The ambitious blueprint incorporates the city's existing 51 municipal wards, while bringing 49 adjoining Gram Panchayats under the planning framework for future urban expansion. Also Read | Una Road Accident: Narrow Escape for 15 Students As Bus Falls Into Ditch in Himachal Pradesh. "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, we'll 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) (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)
Mumbai (Maharashtra) [India], December 4 (ANI): BJP leader Devendra Fadnavis, Shiv Sena chief Eknath Shinde and NCP chief Ajit Pawar on Wednesday met Governor CP Radhakrishnan to stake claim to form the Mahayuti government. BJP's Central Observers for the state, Union Minister Nirmala Sitharaman and Vijay Rupani were also present at the meet. Also Read | Stock Market Today: Indian Stock Market Ends in Green, All Eyes on RBI's MPC Decision on Repo Rate. Fadnavis is scheduled to take oath as the Chief Minister on December 5 after being unanimously chosen as Leader of Maharashtra BJP Legislati ...Read More >
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 >
In a regulatory filing on Thursday, the company stated that the NCLAT, through its order dated December 12, 2024, has "appointed NBCC (India) Limited as Project Management Consultant for the completion of 16 projects of Supertech Ltd." NBCC will oversee the completion of these projects, which include 49,748 housing units spread across Uttar Pradesh, Uttarakhand, Haryana, and Karnataka. The projects include Ecovillage-2, Romano, Capetown, Czar Suites, Eco-Village 3, Sports Village, and Eco-Citi ...Read More >
Khordha (Odisha): A severe cold wave gripped northern Odisha on Sunday, with the Mayurbhanj in the northern part of the State bearing the brunt of the intense chill with Ramatirtha area in the district recording as low as -10 degrees Celsius. According to the Forest Department, temperatures while other areas such as Gurguria and Barehipani recorded 6 degrees Celsius, Chahala 4 degrees Celsius, Nawana -5 degrees Celsius, and Upper Baraha Kamuda (UBK) -3 degrees Celsius. Statement Of IMD Scientist Dr Soma Sen Roy On Saturday, IMD scientist Dr Soma Sen Roy said that the cold wave will last for ...Read More >
Khordha (Odisha) [India], December 15 (ANI): A severe cold wave gripped northern Odisha on Sunday, with the Mayurbhanj in the northern part of the State bearing the brunt of the intense chill with Ramatirtha area in the district recording as low as -10 degrees Celsius. According to the Forest Department, temperatures while other areas such as Gurguria and Barehipani recorded 6 degrees Celsius, Chahala 4 degrees Celsius, Nawana -5 degrees Celsius, and Upper Baraha Kamuda (UBK) -3 degrees Celsius. Also Read | CAT 2024 Results: IIM Calcutta Likely To Release CAT 2024 Results Today at iimcat.ac. ...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 >
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 >
Hyderabad, December 4: After an earthquake of 5.3 magnitude hit the Mulugu district of Telangana on Wednesday morning, Dr Prakash Kumar, Director of CSIR-NGRI said that the state capital is generally considered as a stable and low-risk area for seismic activity, making an earthquake of this magnitude rare for the region. The official said that since Hyderabad is not in a major seismic zone, such an event may not pose immediate cause for alarm, but it is still valuable to monitor the scientific background behind it. Earthquake in Telangana: Quake of Magnitude 5.3 on Richter Scale Hits Mulugu, ...Read More >
New Delhi, [India], December 11 (ANI): The Supreme Court has expressed concern over the growing tendency to misuse Section 498A of the Indian Penal Code (IPC), which penalises cruelty by husbands and their relatives against married women. While quashing a Section 498A IPC case against a husband and his parents, a bench of Justices BV Nagarathna and N Kotiswar Singh said that the Section became a tool for unleashing personal vendetta against the husband and his family by a wife. Also Read | RBI Will Remain Alert and Agile to Meet Challenges, Says New Governor Sanjay Malhotra (Watch Video). " ...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 >
TNCC president K Selvaperunthagai described the passing of Elangovan as "a huge loss". Senior Congress leader and former Union Minister E V K S Elangovan died due to age-related ailments at a private hospital here on Saturday, the hospital said. He was 75. The legislator from Erode East constituency has not been keeping well for over a month. He was admitted to a hospital here on November 11. "He passed away today despite the best efforts of the medical staff," the hospital said. TNCC preside ...Read More >
NEW DELHI (AP) - A controversial legislation submitted by Prime Minister Narendra Modi´s government to change India's voting system failed to pass Tuesday in the country's lower house of Parliament. Law minister, Arjun Ram Meghwal, presented the legislation which proposed allowing elections for state assemblies and the national parliament to be held simultaneously. However, it was not approved as the vote fell short of the required two-thirds majority; only 269 lawmakers voted in favor of the proposal while 198 were against it. The government says simultaneous polls will result in higher eco ...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 >
The Supreme Court halted new temple-mosque legal battles. The court will review the 1991 law impacting religious site status. This law froze the status of religious sites as of August 15, 1947. Several cases, including Gyanvapi and Shahi Idgah, challenge this law. The law's validity is being questioned. The court's decision impacts ongoing and future disputes.In its ruling on the keenly-watched Place of Worship Act case, the Supreme Court said on December 12 that no new Mandir-Masjid suits are to ...Read More >
NEW DELHI (AP) -- A controversial legislation submitted by Prime Minister Narendra Modi's government to change India's voting system failed to pass Tuesday in the country's lower house of Parliament. Law minister, Arjun Ram Meghwal, presented the legislation which proposed allowing elections for state assemblies and the national parliament to be held simultaneously. However, it was not approved as the vote fell short of the required two-thirds majority; only 269 lawmakers voted in favor of the proposal while 198 were against it. The government says simultaneous polls will result in higher ec ...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 >
Prayagraj (Uttar Pradesh) January 27 (ANI): Spiritual leader and orator Devkinandan Thakur on Monday said that the Sanatana Dharma Sansad, which he convenes at the ongoing Mahakumbh, is organised for safeguarding Sanatanis. Devkinandan Thakurji Maharaj, as he is popularly known, said that the Dharma Sansad has been called for a board that can bring all our puja, tradition, culture, and Gau mata together and protect them. Also Read | Mahakumbh 2025: After Taking Holy Dip, Union Home Minister Amit Shah, Along With His Family, Performs 'Aarti' at Triveni Sangam. "This Sanatana Dharma Sansad is ...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 >
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 >
NCP (SP) leader Supriya Sule is consulting experts on Electronic Voting Machines (EVMs) following Maharashtra's assembly poll results. The opposition questions EVM credibility after the Mahayuti coalition's significant win. Sule advocates for ballot papers, citing other countries' adoption, and will announce a final decision soon.NCP (SP) leader Supriya Sule on Saturday said the opinion of experts is being sought over the "EVM issue" in the wake of the Maharashtra assembly polls' mandate as she b ...Read More >
NEW DELHI (AP) - A controversial legislation submitted by Prime Minister Narendra Modi´s government to change India's voting system failed to pass Tuesday in the country's lower house of Parliament. Law minister, Arjun Ram Meghwal, presented the legislation which proposed allowing elections for state assemblies and the national parliament to be held simultaneously. However, it was not approved as the vote fell short of the required two-thirds majority; only 269 lawmakers voted in favor of the p ...Read More >
Imphal (Manipur) [India], January 10 (ANI): Manipur Chief Minister N Biren Singh praised the successful anti-drug operation in Ukhrul district, where combined forces destroyed 90 acres of poppy plantations, burned 12 huts, and registered FIRs for further investigation. "90 acres of poppy plantation destroyed in Ukrhul. In another successful mission under the War on Drugs campaign, combined forces of Ukhrul district police, 6 MR, 18 AR and the Forest Department destroyed 90 acres of poppy plantation and burned down 12 huts in the Phalee hill range under Lungchong Maiphei (LM) Police Station in ...Read More >
New Delhi [India], January 22 (ANI): The Supreme Court on Wednesday issued notice to the Madhya Pradesh government on a plea seeking a CBI/SIT investigation into the murder of a 20-year-old Dalit woman along with her two family members in Madhya Pradesh's Sagar. A bench of Justices JK Maheshwari and Aravind Kumar sought a response from the Madhya Pradesh government and CBI on the plea also seeking immediate and effective police protection for the members of the family of the deceased. Also Read | Suicide Pact Tragedy: Pregnant Teenage Girl Jumps off 3rd Floor of Building in Surat, Lover Who ...Read More >
Aryan Meena, who lived in the Dausa district of Rajasthan state, was trapped in the narrow well for three days after falling into it while playing on Monday afternoon. The boy, wearing pants and a t-shirt, had to endure plummeting winter temperatures inside the well as well as hunger and thirst. Children and even adult people dying from falling into open borewells is not uncommon in rural India where they are dug to pump water for irrigation and drinking and left abandoned after they run dry. ...Read More >
Mumbai: Chief minister Devendra Fadnavis said on Thursday that he held discussions on cabinet expansion with union home minister Amit Shah, party national president J P Nadda, and the party national general secretary B L Santhosh on Wednesday night. Fadnavis was on a two-day visit to Delhi days after being sworn in as chief minister. He met President Draupudi Murmu, PM Narendra Modi, defence minister Rajnath Singh and union road transport minister Nitin Gadkari. He also presented five different ...Read More >
New Delhi [India], December 12 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Thursday met Union Home Minister Amit Shah at his residence in the National Capital and presented him with an idol of Vinayak Damodar Savarkar. "It was an absolute pleasure to meet and interact with Hon Union and Cooperation Minister Amitbhai Shah at his residence in New Delhi. Also presented him a 'murti' of SwatantryaVeer Vinayak Damodar Savarkar," the Chief Minister posted on X (formerly Twitter). Also Read | RRB JE Exam 2024 Admit Card Out at rrbapply.gov.in: Hall Ticket for 7,951 Junior Engineer Posts ...Read More >
New Delhi [India], December 15 (ANI): Ministry of Development of North Eastern Region is set to host the Northeast Trade and Investment Roadshow in Mumbai on Monday. The event will be addressed by Jyotiraditya M. Scindia, Union Minister for MDoNER, along with Tripura Chief Minister Manik Saha, Maeghalya Chief Minister Conrad Sangma. Chanchal Kumar, Secretary, MDoNER, and Monalisa Dash, Joint Secretary, MDoNER, will also attend, alongwith senior representatives from various northeast states. The Roadshow will feature B2G meetings, offering a unique opportunity for potential investors to inte ...Read More >