Abtak Logo

Business News

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.

12
BusinessJul 13, 2025 09:07 AM

Tamil Nadu: Diesel-Laden Goods Train En Route To Chennai Catches Fire Near Tiruvallur Railway Station, Services Disrupted (Videos)

Tiruvallur: A diesel-laden goods train en route to Chennai caught fire near Tiruvallur railway station in Tamil Nadu on Sunday, resulting in a significant fuel leak. About The Incident The incident has caused a major disruption in train services between Arakkonam and Chennai, with railway authorities working to restore normal operations at the earliest. The train, which was transporting fuel from the Indian Oil Corporation terminal in Chennai to Bengaluru, saw the fire spread to five of its wagons. The cause of the fire remains undetermined, and officials have launched an investigation. No casualties have been reported so far. Emergency efforts are currently focused on detaching the unaffected compartments and preventing the flames from spreading. The goods train consists of a total of 52 wagons, and authorities are working around the clock to mitigate any further risks. The district administration has swiftly mobilised all relevant departments, including police, fire, and revenue, to coordinate rescue and containment operations. Multiple vehicles have been deployed to control the dense smoke emerging from the blaze. Tiruvallur District Police Superintendent Srinivasa Perumal's Statement Tiruvallur District Police Superintendent Srinivasa Perumal, who inspected the site, said, "The accident site has been cordoned off for safety reasons, and the fire department has been informed to tackle the fire... Railway authorities are working to separate the remaining compartments to prevent further damage. The public has been advised to avoid the accident site to ensure their safety." He added, "Preliminary investigation suggests that the goods train was carrying diesel and may have derailed, causing the accident. Further investigation is underway to determine the exact cause of the accident. The authorities are working to contain the situation and prevent any further damage or loss." Efforts have also been made to transfer patients under intensive care in nearby hospitals to safer facilities to ensure their well-being. The local administration is simultaneously evacuating residents from homes in close proximity to the accident site. Alternative transport arrangements are being made for affected train passengers, with authorities facilitating travel to nearby cities. Rescue and containment operations have been ongoing since early morning under the supervision of the District Police Superintendent. The inquiry into the cause of the fire continues, and authorities have assured that additional information will be released as the investigation progresses.

Comments

Similar News

39
PoliticsDec 13, 2024 12:25 PM

Two women among 7 Maoists killed in encounter in Chhattisgarh

Seven Maoists including two women were killed in an encounter with security forces in Chhattisgarh's Narayanpur district on Thursday, a senior police official said. IMAGE: District Reserve Guards of the Chhattisgarh police celebrate after an anti-Maoist operation in Sukma, Chhattisgarh, November 22, 2024.Photograph: ANI Photo The gunfight broke out around 3 am in the forest of south Abujhmad along the border of Narayanpur and Dantewada districts, inspector general of police (Bastar Range) Sunda ...Read More >

25

India News | Three Arrested After Female Student Gang-raped Inside Law College in Kolkata; BJP Slams Mamata Govt | LatestLY

Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >

31
PoliticsJul 04, 2025 09:19 AM

'Premature, ...counterproductive': Delhi government says fuel ban not feasible

NEW DELHI: The Delhi government has urged the Commission for Air Quality Management (CAQM) to defer the enforcement of a recent directive banning fuel supply to end-of-life (EOL) vehicles, citing serious technological challenges and growing public discontent. The request came through a letter sent by Environment Minister Manjinder Singh Sirsa, who reiterated the government's support for air pollution mitigation but called the fuel ban "premature and potentially counterproductive." The ban, mandated under CAQM's Direction No. 89 dated April 23, came into effect on July 1 and prohibits petrol ...Read More >

27
BusinessJun 07, 2025 04:59 PM

Naxalism waning, discussed two irrigation projects with PM for Bastar's growth: Chhattisgarh CM Sai

Raipur, Jun 7 (PTI) Chhattisgarh Chief Minister Vishnu Deo Sai said on Saturday that he discussed two proposed irrigation projects in the state with Prime Minister Narendra Modi during his visit to Delhi and sought the Centre's nod for them. Sai, who returned to Raipur in the morning, said the PM assured that he would consider the two projects - Bodhghat and Indravati-Mahanadi interlinking work. Crucial for the development of the Bastar region, where Naxalites are retreating, they have been proposed for implementation as national projects, he said. "I met PM Modi ji in Delhi on Friday and sh ...Read More >

21

Gurugram Bombing: Goldy Brar & 4 Others Charged - News Directory 3

The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed⁢ in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of⁢ the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin⁣ Talian, Ankit, ⁤Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >

37
PoliticsJun 08, 2025 07:44 AM

Amit Shah honours police team that scalped Basavaraju | India News - Times of India

NEW DELHI: Home minister Amit Shah on Saturday met and felicitated officers of the Chhattisgarh Police who played a key role in the recent anti-Naxal operations in Bijapur and Narayanpur that led to the elimination of top CPI(Maoist) leader Nambala Keshav Rao alias Basavaraju and 57 others.On X later, Shah said, "Met the officers who played a crucial role in the recent anti-Naxal operations and congratulated them on the historic success of these operations. I am eager to meet the brave jawans who made these operations successful with their courage, and will soon visit Chhattisgarh to meet them ...Read More >

37

Bengaluru Power Cut: Full List Of Areas To Face Power Outage On June 29 & June 30

Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...Read More >

26
OtherPoliticsSportsJul 02, 2025 03:23 AM

Haryana aiming to increase MBBS seats to over 3,400 by 2029: CM | Chandigarh News - Times of India

Chandigarh: Haryana chief minister Nayab Singh Saini on Tuesday said the state govt was consistently working to provide better resources to the doctors and quality healthcare services to the citizens.He mentioned that medical colleges were being established in every district.While there were only six medical colleges in 2014, the number has now increased to 15, and nine new colleges are under construction. As a result, MBBS seats in the state increased from 700 in 2014 to 2,185, at present. The state govt aims to increase the MBBS seats to over 3,400 by 2029, said Saini.The CM was addressing a ...Read More >

38
BusinessJul 19, 2025 01:20 PM

PM Modi Unveils Rs 5,400 Crore Developmental Projects In Bengal

PM Modi said that in six states in eastern India, gas pipelines are being laid. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Prime Minister Modi launched development projects worth Rs 5,400 crore in West Bengal * Laid foundation for BPCL's Rs 1,950-crore City Gas Distribution project in Bankura and Purulia * Dedicated Rs 1,190-crore Durgapur-Kolkata natural gas pipeline under Pradhan Mantri Urja Ganga Did our AI summary help? Let us know. Durgapur: Prime Minister Narendra ...Read More >

30
PoliticsDec 12, 2024 05:01 PM

Chhattisgarh: Seven Naxalities killed in encounter

Chhattisgarh (Bastar), Dec 12 (UNI) Seven Naxals were killed in an encounter with the security forces in the South Abujhmarh area of Chhattisgarh's Narayanpur district in the wee hours of Thursday. So far, seven bodies have been recovered, including that of a top Naxalite, who was part of the red ultras' Central Committee. Since 3 am, there has been intermittent firing between security forces and the Naxals, police said. According to the police, a joint team of the Special Task Force, Central Reserve Police Force, and District Reserve Guard from Narayanpur, Dantewada, Jagdalpur, and Kondagao ...Read More >

24

India May Repeat Action If Provoked: Tharoor

Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >

24
BusinessJul 03, 2025 07:21 PM

Business News | Delhi Government Requests CAQM to Keep in Abeyance the Refuel Ban on Old Vehicles | LatestLY

New Delhi [India], July 3 (ANI): The Delhi NCT government on Thursday requested the Commission for Air Quality Management (CAQM) to place on hold the enforcement that mandates the denial of fuel to end-of-life vehicles in Delhi. In a letter to the Commission, Delhi Minister for Environment, Forests, and Wildlife, Manjinder Singh Sirsa, wrote that soon after the implementation of the direction, which came into effect on July 1, 2025, it was revealed that "certain issues" needed to be addressed before they could be fully implemented. Also Read | Happy Fourth of July 2025 Wishes and Quotes: Sen ...Read More >

31
OtherPoliticsBusinessHealthJul 16, 2025 12:28 AM

Two dead, 4 injured in fire at east Delhi house

New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped inside a residential building that caught fire, the DCP said. With the help of police personnel and fir ...Read More >

29

Bihar: SHO, driver arrested for taking Rs 20,000 bribe

Patna, July 19 (SocialNews.XYZ) In a major action against corruption, the State Vigilance Unit (SVU) on Saturday arrested Sub-Inspector Putul Kumari, the SHO of the Women's Police Station in Samastipur, for accepting a bribe of Rs 20,000. Her driver was also arrested in the case. The arrest has created a stir within the police department. According to an official, Putul Kumari was caught red-handed while taking the bribe from Rajiv Ranjan, a resident of Chhatauna village under Mufassil police station limits, in connection with an assault case. Rajiv Ranjan had filed a written complaint with ...Read More >

32

Gig workers postpone auto, cab strike after commuters' harrowing experience | Pune News - Times of India

Pune: The Indian Gig Workers' Front on Saturday evening suspended the ongoing strike of cabs and autorickshaws operating on applications till Tuesday, after leaving many commuters, including those arriving at the airport on Saturday morning, hassled. Keshav Kshirsagar, the president of the front, said, "We have a meeting on Tuesday with senior officials of the state transport department. If its decisions don't meet our expectations, the strike will resume." Several commuters had a harrowing experience on roads on Friday and in the early hours of Saturday. Cabs and autos were hard to come by. T ...Read More >

28

TN custodial death: Can state kill own citizens, asks livid Madras high court | Chennai News - Times of India

MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >

26
BusinessJul 13, 2025 04:05 PM

Goods Train Fire in Tamil Nadu: Blaze on Diesel-Laden Freight Train Doused After 7 Hours, 18 Wagons Gutted Near Tiruvallur (Watch Videos) | 📰 LatestLY

Chennai, July 13: A massive fire that broke out in a diesel-laden goods train near Tiruvallur in Tamil Nadu was fully extinguished after nearly seven hours of intense firefighting on Sunday. The blaze, which erupted around 5.30 a.m., gutted 18 wagons and caused major disruptions on the busy Chennai-Arakkonam rail route. The train was carrying 12.6 lakh litres of diesel in 18 tanker wagons, each loaded with 70,000 litres of fuel. All 18 wagons were completely destroyed in the fire, resulting in a loss of diesel worth approximately Rs 12 crore. Dramatic visuals from the site showed the tankers ...Read More >

31
BusinessJul 15, 2025 12:20 AM

Freight train ferrying oil catches fire in Tamil Nadu

A goods train transporting high-speed diesel ignited near Tiruvallur on Sunday morning, prompting a swift response from fire tenders. While no casualties were reported, the incident led to the suspension of local train services and the cancellation of eight express trains. A goods train carrying high-speed diesel caught fire on Sunday morning near Tiruvallur, a Railway official said. The fire broke out in a wagon and quickly spread to others. No casualties have been reported, the official said ...Read More >

17
PoliticsJun 08, 2025 08:17 AM

Hyderabad to get 65,000 new eco-friendly autos as Telangana lifts decades-old permit cap

HYDERABAD: In a major move aimed at reducing pollution and improving urban transport in Hyderabad, the Telangana government has approved the introduction of 65,000 new eco-friendly auto rickshaws within the city limits and the Outer Ring Road (ORR). The decision, driven by Transport Minister Ponnam Prabhakar and aligned with Chief Minister Revanth Reddy's vision, is expected to contribute to environmental sustainability and employment generation. The state issued GO No. 263 relaxing the long-standing cap on new auto rickshaw permits within Greater Hyderabad. For over two decades, restriction ...Read More >

28
BusinessJun 28, 2025 08:06 AM

Delhi govt to deploy joint teams to enforce fuel ban on ELVs

NEW DELHI: The Delhi government is set to deploy joint enforcement teams from the transport department, traffic police, and MCD at fuel stations to implement the ban on refuelling end-of-life vehicles (ELVs) from July 1. These teams will monitor compliance on the ground and impound any vehicles found violating the directive. "We will deploy a team comprising transport and traffic police officials at each of these fuel stations. They will ensure that there is no law-and-order problem while implementing the system," said Ajay Chaudhary, Special Commissioner (Traffic), Delhi Police. End-of-lif ...Read More >

16
OtherPoliticsBusinessJul 08, 2025 01:21 AM

11th India Maize Summit: Union Minister Shivraj Singh Chouhan unveils vision for Maize Revolution

New Delhi [India], July 7 (ANI): Union Minister of Agriculture and Farmers Welfare & Rural Development, Shivraj Singh Chouhan on Monday inaugurated the 11th edition of the India Maize Summit, organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with (IIMR) Indian Institute of Maize Research. Speaking at event, Chouhan emphasized that 'Farmers' sewa is our mool mantra,' reaffirming the government's commitment to farmer-centric policies. He outlined a multi-pronged strategy to boost maize production, and increase farmer incomes, while ensuring environme ...Read More >

36
OtherPoliticsBusinessHealthJul 19, 2025 05:21 AM

Rain queers cops' rally day car parking pitch | Kolkata News - Times of India

Kolkata: The Kolkata Traffic Police is facing a new challenge in managing vehicle parking for the upcoming Shahid Diwas rally on Monday, as persistent rainfall threatens to render designated parking fields unusable. The fresh spell of rain on Friday, with more occasional rain predicted even on Saturday, has left cops worried as they believe the Maidan area can be filled with slush.The traffic department, which initially planned to utilise various fields across the city for parking buses and cars of parade attendees, is now frantically searching for alternative solutions on the main roads, stre ...Read More >

28

Eatery shops to display names on Kanwar Yatra routes: BJP MP

Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >

21

Ravindra Chavan Set to Become New Chief of Maharashtra BJP

Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >

35
PoliticsSportsBusinessHealthJul 09, 2025 03:20 AM

In Gujarat's cities, diets still run on cereals | Ahmedabad News - Times of India

Gandhinagar: In households in Gujarat's cities, cereals may take up less space in the grocery bill, but they still dominate the dinner plate. A new Union govt report shows that cereals, while accounting for just 3.8% of household spending, supply 35% of total calorie intake in cities. In villages, their role is even more dominant, making up 43% of calorie consumption while accounting for 4.5% of total spending.Cereals also account for a major portion of protein intake for people in Gujarat.These insights come from the Centre's latest "Nutritional Intake in India" report, which tracks food patt ...Read More >

33
BusinessJul 10, 2025 08:06 PM

Police Escort Fuel Tankers As Drivers' Stir Sparks Fuel Crisis In Odisha

Bhubaneswar: With the indefinite 'Quit Steering Wheel' protest by commercial drivers entering its third day, Odisha faces an escalating fuel crisis, prompting police to intervene. Fuel tankers in several parts of the state are now being escorted by police to ensure uninterrupted supply of petrol and diesel. Visuals from Soro in Balasore district showed police accompanying tankers along National Highway-16 near Chaparpada after incidents where agitators allegedly tried to block tankers and persuade drivers to join the strike. In some cases, protesters reportedly resorted to heated arguments, e ...Read More >

23
OtherPoliticsBusinessTechnologyJul 12, 2025 01:52 AM

Nara Lokesh Hails Success of 'Mega PTM 2.0' Across Andhra Pradesh

Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >

33

Spark in overhead equipment may have ignited fuel leaking from derailed wagon | Chennai News - Times of India

Chennai: Preliminary investigations attribute the fire on the goods train near Tiruvallur to a possible spark from overhead electrical equipment (OHE) igniting fuel leaking from a derailed wagon.The incident paralysed services on the busy Chennai-Arakkonam route and left nearby residents engulfed in thick black smoke. The disruption left thousands of rail passengers stranded, many of whom were unable to get updates as railway helplines went unanswered for hours. The train carrying diesel from Chennai Harbour to Walajah Road Siding was exiting Tiruvallur station around 5.30am on Sunday, when a ...Read More >

25

23 Athletes supported by Reliance Foundation gear up to make their mark at the World University Games in Germany

Mumbai (Maharashtra) [India], July 19 (ANI): A contingent of 23 athletes supported by Reliance Foundation look to compete at the World University Games across six cities in Germany, with events running until July 27. Representing athletics, archery, and judo, these young talents aim to improve international rankings, achieve personal bests, and bring home laurels. The athletics team forms the backbone of the foundation campaign, with 18 athletes competing in sprints, jumps, throws, hurdles, relay, long jump, decathlon, among other events, beginning July 21, a release said. James Hillier, Di ...Read More >

28
BusinessAug 02, 2025 12:20 AM

MSRTC to hold drivers, conductors accountable for parcel delays, damages

Amid rising complaints over the Maharashtra State Road Transport Corporation's (MSRTC) parcel service, the state transport body has announced that bus drivers and conductors will now be held directly responsible for any delays, damages, or loss of parcels during transit. This decision follows a surge in grievances from citizens reporting that parcels sent via MSRTC often arrive late, damaged, or not at all. According to the MSRTC Pune division, the directive was issued by the general manager of ...Read More >