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.
Palakkad (Kerala), Jul 12 (PTI) Two children succumbed to the serious burns they suffered a day ago when a car parked in the courtyard of their house exploded and was engulfed in fire in the northern Palakkad district, police said on Saturday. The deceased children were identified as Alfred (6) and Emilina (4), natives of Polpully here. The condition of their mother Elsy (39), who suffered 60 per cent burns, is also slated to be serious, Chittoor police said. According to police, the tragedy happened when the woman started the car to go out with her kids on Friday evening. The car suddenly exploded and was engulfed in fire, causing serious burns to the mother and the two children. Elsy's mother and elder daughter also sustained burns, but their condition is not serious as of now, police added. Elsy is currently under treatment at a private hospital in Kochi. A senior police officer said the exact cause of the blast is yet to be ascertained. "Initially, it was suspected that the gas cylinder in the car got exploded. However, later it was confirmed that it was a petrol car. It is said that the vehicle was old and had not been used for some time," he said. Elsy's husband succumbed to cancer some time back, police added. PTI LGK KH
Sambhal (UP), Dec 15 (PTI) Weeks after violent clashes over a court-ordered survey of the Shahi Jama Masjid claimed four lives, the district administration has launched a campaign against encroachments and illegal power theft in the area around the historic mosque. As part of its efforts, the administration began removing encroachments from the area on Sunday morning. According to Additional Superintendent of Police (ASP) Shrish Chandra, the focus is on clearing drains outside houses and shops in the area under the Nakhasa police station. The area is close to the residence of Samajwadi Part ...Read More >
New Delhi, Jun 8 (PTI) A day before his government marks its first anniversary in third term, Prime Minister Narendra Modi said on Sunday that the ruling BJP-led National Democratic Alliance has redefined women-led development in its 11 years in power. In all sectors, including science, education, sports, start ups and the armed forces, women are excelling and inspiring several people, Modi said on X. He cited a number of welfare programmes which, he noted, have benefitted women immensely. Various initiatives, from ensuring dignity through Swachh Bharat to financial inclusion via Jan Dhan a ...Read More >
Hyderabad, Mar 30 (PTI) Ten persons were arrested here on Monday for allegedly selling commercial gas cylinders at exorbitant rates, and a total of 414 cylinders were seized from their possession, police said. Based on credible information, the Commissioner's Task Force apprehended 10 persons who were illegally selling the gas cylinders to needy customers at a high rate, Deputy Commissioner of Police (Task Force) Gaikwad Vaibhav Raghunath said in a release. Police said the prime accused was running a gas agency, and it was found that he had been illegally dumping gas cylinders in Banjara Hil ...Read More >
The Karnataka State Hoteliers' Association expressed its inability to pass on GST benefits to consumers, citing unchanged taxes on cooking gas cylinders and property rents. Association president G K Shetty highlighted that the 18% GST on these essential inputs prevents price reductions for hotel food and room tariffs. The Karnataka State Hoteliers' Association on Thursday said it is constrained to pass on the GST benefits to consumers as the taxes on cooking gas cylinders and property rents have ...Read More >
Bhopal: Ahead of the Supreme Court hearing from September 23, an all-party meeting was hosted by Madhya Pradesh Chief Minister Mohan Yadav on Thursday at his official residence, where a formal resolution to ensure the full 27% reservation for Other Backward Classes (OBCs) has been unanimously adopted, marking a decisive shift in the state's legal and administrative posture. Backed by all major parties, the resolution affirms that the remaining 13% of the quota, on top of the 14% already implemented, must be secured through a coordinated legal strategy and judicial affirmation, Yadav told repo ...Read More >
Bengaluru: With GST rates reducing, many consumers had anticipated a drop in food and accommodation prices in hotels. However, Karnataka State Hotels' Association said it is "constrained" from passing GST benefits to customers.Association president GK Shetty said the recent GST rate cuts haven't significantly benefited hoteliers, and they are not in a position to reduce food and room tariffs."We want to clarify that hotel operations depend on more than 300 items, and GST has been reduced for only around 10% of them. This offers no major benefit to us. We still bear huge expenses, especially on ...Read More >
MUMBAI: Shivani Gandhi, the owner of Shivani Catering Services, who was among the seven inside her workplace at Kandivali East when it caught fire due to a gas leak last week, succumbed to her injuries on Monday. Having sustained 90% burns, Gandhi, 51, who was swinging between life and death for over a week at the National Burns Centre (NBC) in Airoli, is the fifth casualty. Gandhi had been running her catering services for more than 12 years. Her business was doing well enough that she foresaw ...Read More >
In his letter to Bhujbal, Lodha has sought five commercial gas cylinders for each of 16 Jain temples for religious observance "Oli Ayambil" during the month of Chaitra. However, a few organisations and residents questioned whether such a request for a particular community was appropriate during what they claimed was a cooking gas shortage amid the West Asia conflict. They claimed community meals during Ram Navami were affected due to "lack" of gas. The Maharashtra Navnirman Sena also objected ...Read More >
According to residents and eyewitnesses, the cloud kitchen had seven employees -- six women who were ancillary workers and a man who was the head cook. A fire broke out at a cloud kitchen in the densely populated Akurli area at Mumbai's Kandivali (east) on Wednesday morning, grievously injuring seven people. According to the Brihanmumbai Municipal Corporation's (BMC) disaster management cell, the fire broke out around 9.05am at a shop located on the ground floor of a two-storey structure. Acco ...Read More >
New Delhi, Mar 12 (PTI) A major explosion was averted in southwest Delhi's Matiala area when a Delhi Police head constable smashed the window of a locked CNG-fitted car and moved it away from a raging fire that destroyed over 400 shanties, officials said on Thursday. The fire broke out in a slum cluster in the Mansaram Park area late on Wednesday night. According to Deputy Commissioner of Police (PCR) Pawan Kumar, the Bindapur police station received a call regarding the blaze at 11.57 pm. Local police teams and PCR units reached the spot to assist in the evacuation of residents. During the ...Read More >
Vijay also claimed a conspiracy over the release of his last film Jananayagan. Tamilaga Vettri Kazhagam (TVK) chief Vijay on Thursday alleged conspiracy in the stampede in Karur and said that he too wanted justice for the victims. The September 2025 stampede during a rally addressed by the actor-politician left 41 people dead and several injured. "As many have been insisting, the Karur incident was a 'joint machination. I, who have come to ask justice for you, also want justice," he said addres ...Read More >
Patna, Apr 8 (PTI) Bihar minister Leshi Singh on Wednesday said the state government has procured 36.79 lakh metric tonnes of paddy against a target of 36.85 lakh MT in the 2025-26 Kharif season. The procurement for rice stood at 12 lakh MT, short of the 25 lakh MT target for the season, she said. The food and consumer protection minister claimed that the rice procurement target is expected to be met by June 15. Talking to reporters here, Singh said, "For the 2026-27 Rabi marketing season, wheat procurement target for Bihar has been set at 18,000 metric tonne (MT) by the Centre. Procurement ...Read More >
The Uttar Pradesh Anti-Terrorism Squad (ATS) has busted a gang allegedly operating under the direction of a Pakistani handler, foiling a blast plot targeting Lucknow railway station. The group is accused of carrying out a series of arson attacks targeting prominent institutions, vehicles and railway signal boxes to spread fear, news agency PTI reported. According to the ATS, the main accused, identified as Saqib alias "Devil," was apprehended during the operation. Three others, identified as Vikas Gehlawat alias Raunak (27), Lokesh alias Papla Pandit alias Babu alias Sanju (19), both resident ...Read More >
Raipur: A tragic industrial accident at the under-construction Godavari Power and Steel Limited Plant in Silatara Chowki (police post), Raipur, claimed the lives of six labourers and left six others severely injured, prompting renewed scrutiny of safety standards in construction zones across Chhattisgarh. The incident occurred during routine work hours when a section of the plant's structure collapsed. Eyewitnesses described a deafening crash followed by chaos as workers rushed to rescue colleagues trapped under the debris. Emergency services responded swiftly, and senior police officials a ...Read More >
VISAKHAPATNAM: The depression over northwest and adjoining west-central Bay of Bengal and north Andhra Pradesh - south Odisha coasts moved north-north-westwards and crossed South Odisha coast close to Gopalpur during early morning of Tuesday and lay cantered over south coastal Odisha. Weatherman said it was likely to move north-westwards across south Odisha and south Chhattisgarh and weaken into a well-marked low-pressure area during next few hours. Under its influence, thunderstorms accompanied by lightning, are likely over north and south coastal Andhra Pradesh, Yanam and Rayalaseema. Stro ...Read More >
New Delhi, Oct 2 (PTI) Delhi Police has arrested six men, busting a racket of selling adulterated ghee, 1,600 kg of which was seized from three illegal manufacturing units operating in northeast Delhi, officials said on Thursday. The raid to curb spurious ghee containing harmful chemicals comes amid the festive season, with Diwali later in the month. Six men identified as Safiq (30), Yusuf Malik (50), his son Mehboob (22), Shakir and Sharukh and Zamaluddin (40) were arrested in the crackdown carried out in Shiv Vihar, Karawal Nagar and Mustafabad, they said. According to the Food Safety and ...Read More >
MUMBAI: After cities such as Bengaluru and Chennai, restaurants and hotels in Mumbai and Pune are facing a shortage of cooking gas cylinders due to the ongoing conflict in West Asia. If the shortage continues, nearly 50 percent of hotels in Mumbai may be forced to shut down. In Chennai, several hotels have begun reducing the number of dishes on their menus following the LPG shortage. In Bengaluru also, hotels have reportedly trimmed their operations in the wake of cooking gas shortage. Meanwhi ...Read More >
New Delhi, Apr 3 (PTI) The Congress is the only democratic political outfit in the country, former Union minister Jairam Ramesh said on Friday while responding to reporters' questions on his colleagues Anand Sharma and Kamal Nath not towing the party line. Asked about former Congress MP Sharma lauding the BJP-led Centre's handling of the West Asia crisis, Ramesh said, "This is an example and it clearly establishes that the Congress is the only democratic party in the country." Further asked about Nath's statement that there is no shortage of domestic gas cylinders in the country, he said, "Th ...Read More >
Noida, Aug 28 (PTI) Suspected dowry victim Nikki Bhati died due to burns in a gas cylinder explosion at home, officials said on Thursday, citing statements of doctors and nurses of the private hospital where she was first admitted. According to a memo from the hospital where Bhati was taken to on August 21, she had "suffered severe burns in a gas cylinder explosion at home" and was brought there in a critical condition by a cousin of her husband, Vipin Bhati. "The statement of the doctors and nurses who were present at the time of her admission has been recorded. Nikki told them that she sus ...Read More >
New Delhi, Apr 4 (PTI) A 16-year-old girl succumbed to her injuries on Saturday morning after being stabbed by a man who allegedly died by suicide in a cylinder blast at his house after the attack in Delhi's Seemapuri area, police said. Police had earlier said that they received a PCR call at 5.33 pm on Friday, reporting that a girl had been stabbed and was lying unconscious with multiple injuries in Old Seemapuri. Police teams rushed to the spot and found that the injured girl had already been shifted to Guru Teg Bahadur (GTB) Hospital, where she succumbed to her injuries on Saturday mornin ...Read More >
Bhubaneswar, Apr 5 (PTI) The Odisha government has made e-KYC mandatory for domestic consumers to avail LPG cylinders from distributors, Food Supply and Consumer Welfare Minister K C Patra said on Sunday. The move will ensure that only genuine customers get LPG cylinders, he asserted. "We have issued instructions to LPG distributors to provide cylinders to consumers who have completed their e-KYC (know your customer)," Patra said. "We have also stopped the illegal sale of 1 kg or 5 kg cooking gas cylinders in the open market," he said. The minister said the Odisha government has taken stro ...Read More >