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.
Hyderabad: Sanjay Kumar Srivastava, a distinguished officer from the 1988 batch of the Indian Railway Engineering Service (IRSE), has officially assumed charge as the General Manager of South Central Railway (SCR). Prior to this new role, Srivastava served as the General Manager of the Central Organisation for Railway Electrification (CORE), where he was pivotal in driving technological advancements and policy reforms in civil engineering. His leadership contributed significantly to the development of railway infrastructure, the execution of metro projects, and the adoption of advanced rail technologies. Srivastava began his illustrious career as an Assistant Engineer in Valsad before taking on key roles such as Divisional Track Engineer and Deputy Chief Engineer in Mumbai and Vadodara. His expertise and dedication were further demonstrated during his tenure at RITES as General Manager (Urban Transport), where he played a crucial role in the planning, design, and tendering of major metro projects, including those in Kolkata, Kochi, and Nagpur. SCR Chief Public Relations Officer A Sridhar, in an official release, highlighted Srivastava's extensive experience and his substantial contributions to the modernisation and expansion of India's railway and metro networks.
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 >
New Delhi, Oct 1 (SocialNews.XYZ) Many major financial and regulatory changes took effect on Wednesday, affecting small banking, postal services, pensions, and railway ticketing. Indian Railways booking platform IRCTC has launched new Aadhaar-based guidelines for the online booking of general tickets to prevent misuse of the reservation system by fraudulent agents. India Post is expected to revise its Speed Post charges and introduce an OTP-based delivery system to improve the security of the packages, effective from October 1. "With a view to ensure that the benefits of the reservation syst ...Read More >
Salman Khan, Telangana CM Revanth Reddy (Image source: Telangana CMO)Telangana CM Revanth Reddy met Bollywood star Salman Khan in Mumbai to discuss the state's ambitious 'Telangana Rising 2047' vision. Salman promised to promote the initiative globally, supporting Telangana's growth and innovation goals. Telangana Chief Minister Revanth Reddy, recently met Bollywood superstar Salman Khan in Mumbai. The meeting, held on Thursday evening, reflected the state government's efforts to promote Telangana as a hub of growth, innovation, and opportunity, in line with the vision of 'Telangana Rising'. ...Read More >
Mumbai: Telangana Chief Minister Revanth Reddy, recently met Bollywood superstar Salman Khan in Mumbai. The meeting, held on Thursday evening, reflected the state government's efforts to promote Telangana as a hub of growth, innovation, and opportunity, in line with the vision of 'Telangana Rising'. According to Telangana CMO, Salman Khan assured Revanth Reddy that he would take the message of #TelanganaRising across the world. "I will take the message of #TelanganaRising across the world," promised Star Salman Khan when he met Chief Minister Revanth Reddy garu in Mumbai on Thursday late even ...Read More >
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 >
Union Railways Minister Ashwini Vaishnaw has said indigenously made 150 Vandebharat trains are slated for export with the first train set already flagged off by Prime Minister Narendra Modi. More railway rolling stock, including metro coaches, are getting export orders and the upcoming ₹521.26 crore mega Kazipet Railway Manufacturing Unit is going to play a key role once it is commissioned in 2026, he told the media at the factory site on Saturday (July 19, 2025). What will be manufactured the ...Read More >
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 years, basic accounts/PM Jan Dhan Yojana accounts, or those opened before July 31, 2025.Meanwhile, HD ...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 >
Hyderabad: The road widening works for the proposed Metro Rail corridor between MGBS and Chandrayangutta in the Old City have gained momentum. HAML Managing Director NVS Reddy stated that the alignment has been carefully designed to be optimal while minimising the number of affected properties. The properties were reduced to 900 from earlier marked 1,100 properties. The MD mentioned that daily review meetings are being conducted with engineering and revenue officials to monitor progress. "Initially, we estimated that around 1,100 properties would be impacted. However, through engineering rede ...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 >
NEW DELHI: Signalling the government's intent to move ahead with the impeachment motion of Allahabad High Court judge Justice Yashwant Varma, Union Minister Kiren Rijiju on Thursday said that main opposition parties have given their in-principle approval to support the motion in the upcoming monsoon session scheduled for July21-August 21. Rijiju said that the government is yet to decide whether the motion would be brought in the Lok Sabha or the Rajya Sabha. For the Lok Sabha, signatures of a minimum 100 MPs is required. The requirement is the support of at least 50 MPs in the Rajya Sabha. H ...Read More >
Samastipur (Bihar) [India], July 8 (ANI): In a continued effort to modernise and upgrade railway infrastructure in Bihar, Union Minister for Railways Ashwini Vaishnaw on Monday laid the foundation stone and inaugurated several key projects worth Rs 17.30 crore at Karpoorigram Station under the Samastipur division. At the outset, Vaishnaw inspected the Digha Bridge Halt and thoroughly reviewed passenger amenities, safety, cleanliness, platform condition, drinking water, lighting, and security arrangements, according to a statement from the Ministry of Railways. He directed officials to work t ...Read More >
Mumbai: Following public outrage, ICICI Bank on Wednesday partially reversed its minimum average balance (MAB) requirements from Rs 50,000 to Rs 15,000 for new customers in urban areas. Under the revised terms, new savings account holders in semi-urban and rural branches will be required to maintain Rs 7,500 and Rs 2,500, respectively, as against the Rs 25,000 and Rs 10,000 decided earlier by ICICI Bank. "We had introduced new requirements for the minimum Monthly Average Balance (MAB) for new Savings Accounts opened from August 1, 2025. Following valuable feedback from our customers, we have ...Read More >
Indian Railways Finance Corp. Ltd. (IRFC) sanctioned a Rs 12,640 crore term loan to Chhattisgarh State Power Generation Co. on Friday for a thermal power project, according to a press release from the company. The loan is to finance a 2x660 MW Super Critical Thermal Power Project that will be set up in HTPS, Korba (West), Chhattisgarh. "The loan agreement was signed today at CSPGCL's headquarters in Raipur between Nav Goel, general manager, IRFC, and Sandeep Modi, executive director (finance) an ...Read More >
New Delhi [India], October 28 (ANI): Landfall process of the Severe Cyclonic Storm (SCS) 'Montha' commenced on Tuesday around 7:30 pm as the storm is likely to cross the Andhra Pradesh coast between Machilipatnam and Kalingapatnam around Kakinada tonight, the India Meteorological Department said. As per the update at 9:30 pm, IMD said, "SCS Montha is likely to move northwestwards and cross Andhra Pradesh and Yanam coast between Machilipatnam and Kalingapatnam, to the south of Kakinada during the next 2 hours as a severe cyclonic storm with a maximum sustained wind speed of 90-100 kmph gusting ...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 >
New Delhi [India], July 19 (ANI): The Chief Minister of Uttar Pradesh, Yogi Adityanath, met Prime Minister Narendra Modi and Union Home Minister Amit Shah in New Delhi on Saturday. The Prime Minister Office (PMO) handle posted on X, Chief Minister of Uttar Pradesh, Shri @myogiadityanath, met Prime Minister @narendramodi. Sharing an X post about the meeting, CM Yogi wrote, I had the honour of meeting the world most popular leader, the respected Prime Minister Shri @narendramodi ji, in New Delhi today and received his warm guidance. Heartfelt gratitude to Prime Minister ji for granting me his ...Read More >
New Delhi, Aug 1 (PTI) Asserting no slum dwellers will be harassed anymore in Delhi, Chief Minister Rekha Gupta on Friday said her government, if required, will amend the existing policy and even approach the court to protect their housing rights. The chief minister asked all government departments as well as the Indian Railways and the Delhi Development Authority (DDA) to refrain from demolishing jhuggi-jhopri (JJ) clusters in the city. The policy on slum clusters could be amended if required to protect the rights of the slum dwellers, she said in a statement. Gupta said the government wil ...Read More >
BJP leader Tejasvi Surya on Sunday announced that Prime Minister Narendra Modi will inaugurate the Yellow Line Metro Rail on August 10. In a post on 'X', the Bengaluru South MP said, "PM Sri @narendramodi Ji will inaugurate the all important Yellow Line metro on August 10. On behalf of all people of Bengaluru, I thank PM for always prioritising infrastructure development of our city." The Yellow Line is expected to benefit nearly eight lakh commuters and ease traffic congestion in key areas, inc ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
New Delhi: In a major relief to its customers, the ICICI Bank has reduced the recently increased minimum balance requirement for new customers. The bank has informed that the rules for the minimum account balance (MAB) in savings accounts have been revised again. According to the bank, the limit in metro and urban areas has been reduced from Rs 50,000 to just Rs 15,000. The ICICI has revised the minimum monthly average balance (MAB) requirement for savings accounts in metro and urban areas. For semi-urban areas it has now been reduced from Rs 25,000 to Rs 7,500, and for rural areas from Rs 10 ...Read More >
Bengaluru: The State Cabinet on Thursday cleared the 117-km Bengaluru Business Corridor (BBC) project around Bengaluru city, Deputy CM DK Shivakumar said. The project will take two years for completion. The proposed corridor will originate and terminate at Tumakuru road. About 73 km of this road will be in North Bengaluru and the rest in South Bengaluru," he said, adding that the project would reduce the congestion in the city by 40%. The project was originally estimated to cost Rs 27,000 crore ...Read More >
New Delhi [India], October 28 (ANI): Landfall process of the Severe Cyclonic Storm (SCS) 'Montha' commenced on Tuesday around 7:30 pm as the storm is likely to cross the Andhra Pradesh coast between Machilipatnam and Kalingapatnam around Kakinada tonight, the India Meteorological Department said. As per the update at 9:30 pm, IMD said, "SCS Montha is likely to move northwestwards and cross Andhra Pradesh and Yanam coast between Machilipatnam and Kalingapatnam, to the south of Kakinada during the next 2 hours as a severe cyclonic storm with a maximum sustained wind speed of 90-100 kmph gusting ...Read More >
New Delhi [India], November 20: With robust connectivity, evolving infrastructure, and a growing focus on sustainable urban design, Sector 90 Gurugram real estate is fast emerging as one of Gurugram's most strategically positioned residential micro-markets. Also Read | Mahit Sandhu Wins Silver in 50M Rifle Prone, Her Third Medal at Summer Deaflympics 2025 . Gurugram's real estate growth story continues to expand beyond traditional business hubs, as emerging sectors on the Dwarka Expressway and Pataudi Road corridor witness renewed investor and developer attention. Among these, Sector 90 Guru ...Read More >
CHENNAI: The Chennai Metro Asset Management Limited, a joint venture of Chennai Metro Rail Limited (CMRL) and Tamil Nadu Industrial Development Corporation (TIDCO), has signed the contract for the development of a multimodal facility complex (MMFC) and the redevelopment of the Kuralagam Building at Broadway. The project to redevelop the property at a cost of Rs 566.59 crores was awarded to Bridge and Roof Company (India) Limited. The work is being executed by the Chennai Metro Asset Management Limited (CMAML) along with the Greater Chennai Corporation (GCC). As per the contract agreement sig ...Read More >
Gurgaon: A chemist and a lab operator have been arrested for allegedly selling medical termination of pregnancy (MTP) kits illegally. Two separate FIRs were lodged against the accused at Sector 10 and Sector 9A police stations, police said on Friday.The pharmacy was sealed and medical officials have initiated proceedings to cancel its licence. District drugs control officer Suresh Verma said the department received information about illegal sales of MTP kits - also called abortion kits - from Juneja Chemist, located near Civil Hospital. A pregnant woman, who was deployed as a decoy customer, v ...Read More >
Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastrinagar. Dr Lad said he's seen at least three children admitted for dengue this week, with all of the ...Read More >
Indore, July 11 (SocialNews.XYZ) Madhya Pradesh Chief Minister Mohan Yadav inaugurated an exhibition themed "Building Cities of Tomorrow" at the Brilliant Convention Centre in Indore, as part of the 'Madhya Pradesh Growth Conclave' organised on Friday, government officials said. The exhibition showcased various urban development projects being implemented across the state, highlighting robust infrastructure, innovations, investment promotion policies, and developmental schemes, officials added. It featured the Indore Development Authority's infrastructure models, including the multi-purpose ...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 >
Navi Mumbai: Cidco began crafting a Comprehensive Mobility Plan (CMP) for Navi Mumbai and the Navi Mumbai Airport Influence Notified Area (NAINA) regions. This initiative seeks to establish sustainable and inclusive transport solutions extending to 2054. The programme emphasises safety, efficiency, and environmental consciousness whilst connecting various transport modes and encouraging public transit usage. According to Cidco, the plan takes an all-encompassing view, considering public transport, private vehicles, and non-motorised options like walking and cycling, whilst addressing urbanisat ...Read More >