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.
Siddipet: A man allegedly murdered his Aunt and tried to cover up the crime as an accident for claiming insurance money in Telangana's Siddipet under Thoguta police station jurisdiction, stated Police officials on Saturday. The accused confessed to Police that he was inspired by Drishyam movie to cover up the crime. Briefing to the media, Siddipet Commissioner of Police B Anuradha said that T Venkatesh (32), a resident of Pedda Masanpalli village in Thoguta mandal, had taken multiple insurance policies in the name of his maternal aunt Ramavva(50) at the post office and State Bank of India (SBI) branch in March this year. On July 7, he took Ramavva with him claiming to work near the farm. The Police official stated that he left her on the road and a Thar vehicle hit her. Venkatesh later called 100 and informed the police that it was an accident. Based on CCTV footage, the Police identified the Thar vehicle and found out that the person who rented the car was Venkatesh's brother. Upon further investigation, it was revealed that the two brothers had planned to murder her for insurance money.
Inflows into corporate bond funds have risen to multi-year highs in recent months with the risk-reward dynamics of AAA-rated corporate bonds improving significantly vis-a-vis government securities (g-secs), especially in the near term. The inflows into corporate bond funds jumped sharply in September 2024 to a multi-year high of Rs 5,039 crore. Investors poured in another Rs 4,644 crore in October. Including around Rs 2,200 crore estimated inflows in November, the three month tally rises to Rs 1 ...Read More >
Bhubaneswar, Jan 31 (PTI) The Odisha Vigilance Department on Friday arrested an official of the Integrated Tribal Development Agency (ITDA) of Mayurbhanj district after detecting disproportionate assets in his possession. The arrested official was a project administrator at the ITDA in the district's Bonai area. Also Read | 'Touched Private Parts Pricked With Pen': Tuition Teacher in Nagaur, Rajasthan Sexually Abused Class 2 Girl for 6 Months, Arrested. A case has been registered at the Rourkela vigilance police station against the official and his wife under various sections of Prevention ...Read More >
Bengaluru, June 5 (PTI) In a major development, Karnataka Chief Minister Siddaramaiah on Thursday suspended Bengaluru police commissioner B Dayananda and several other senior police officials in connection with the stampede outside the Chinnaswamy Stadium that killed 11 people. He also ordered the arrest of representatives of the RCB team, the event management firm DNA Entertainment Private Limited, and the Karnataka State Cricket Association (KSCA), hours after an FIR was registered against them under various charges, including culpable homicide not amounting to murder. The state government ...Read More >
Cuttack: Quick thinking and swift action by a GRP constable saved the life of a passenger who nearly fell between a moving train and platform at Cuttack railway station on Thursday morning.The incident captured on CCTV and now viral on social media took place at 8:05 am when Mohammed Mujahir (44), from Mirjapur, Uttar Dinajpur in West Bengal, attempted to board the moving Kanyakumari-Dibrugarh Express.Constable Tulu Behera (38), on duty at platform no. 1, spotted Mujahir losing his balance while trying to board the train. As Mujahir began slipping into the dangerous gap between the platform an ...Read More >
NOIDA: Two men were arrested late Wednesday for an alleged attempt to commit culpable homicide days after a viral video showed a 25-year-old man being hit by an SUV during a violent quarrel in Sector 53, Noida, on June 2, police said on Thursday. The purported video showed a black Mahindra Thar hitting the victim -- Saurabh Yadav -- from behind, flinging him into a roadside drain during a clash between two rival groups. HT, however, could not verify the authenticity of the video. Police identified the arrested suspects as Aman Awana, 29, and Akash Awana, 25, both residents of Sector 23, Noi ...Read More >
New Delhi: The Enforcement Directorate (ED) on Friday carried out searches at 15 places in Mumbai and Kochi in connection with the Mithi River desilting scam that caused a wrongful loss of more than Rs 65 crore to the Brihanmumbai Municipal Corporation (BMC), official sources said. The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities. According to the sources, the searches are being carried out under the provisions of the Prevention of Money Laundering Act (PMLA) at locat ...Read More >
NEW DELHI: Government is all set to allow 100% foreign direct investment in insurance business, paving the way for large companies to enter the market on their own, while allowing individual insurance agents to hawk policies of multiple companies, lifting the cap on being associated with only one life and general insurer. The twin measures are part of the Insurance Amendment Bill that is proposed to be introduced during the winter session of Parliament that kicks off later this month. On August 19, TOI was the first to report about the proposed increase in the FDI ceiling, a suggestion which ...Read More >
Surat: The Amroli police in Surat have launched an investigation into a puzzling incident where an accountant working with a diamond firm reported that four fingers of his left hand were mysteriously severed after he fell unconscious near the Variyav Bridge. According to Tarpara's statement, he had gone to meet a friend near Vedant Circle and stopped on his way home to relieve himself. He claimed he suddenly lost consciousness and woke up to find the fingers of his left hand missing on Sunday ni ...Read More >
Delhi Elections 2025: Leader of Opposition in the Lok Sabha Rahul Gandhi has once again targeted Aam Aadmi Party (AAP) convener Arvind Kejriwal on Tuesday, ridiculing his 2019 promise to transform Delhi into a city as beautiful as Paris or London. Gandhi shared a video on X (formerly Twitter), showing himself walking alongside a garbage-filled canal in Delhi, captioning it, "This is Kejriwal's 'shining' Delhi-Delhi like Paris." In the video, Gandhi commented, "The situation is the same everywhere," alluding to the state of public spaces in the national capital. During the 2019 Lok Sabha ele ...Read More >
Kanpur: The Etawah police arrested four people in connection with the murder of a woman and her minor daughter. They committed this violent act against the victims due to disputes over property ownership. A tragic incident occurred near Mahera Chungi in the Friends Colony area on Sunday night when Harshvardhan, whose father was a retired chief medical officer, fatally shot his sister and her three-year-old daughter in Etawah district due to his displeasure over his father's decision regarding property distribution. Jyoti and her daughter have been residing at her father's residence for severa ...Read More >
Chennai, May 19 (SocialNews.XYZ) Three men have been arrested in connection with the brutal murder of an elderly couple in Tamil Nadu's Erode district on April 28, said police on Monday. The accused also allegedly confessed to their involvement in a triple murder that occurred in Tiruppur district in November 2024, currently under investigation by the CB-CID. The arrested have been identified as P. Aachiappan (48), N. Madeswaran (52), and R. Ramesh (54), all residents of Arachalur in Erode district. The victims, Ramasamy (72) and his wife Bakkiyam (63) of Megaraiyan Thottam, Uchimedu near S ...Read More >
Bengaluru, Jun 5 (PTI) Karnataka Chief Minister Siddaramaiah on Thursday ordered the suspension of Bengaluru police commissioner and several senior police officials in connection with the stampede in front of Chinnaswamy Stadium here, which left 11 people dead. He has also ordered the arrest of representatives of RCB, DNA event managers and Karnataka State Cricket Association (KSCA), while handing over the probe to the one-man judicial commission headed by retired High Court judge of Karnataka Justice Michael Cunha. The stampede occurred on Wednesday evening in front of the stadium, where a ...Read More >
Newborn reunited with mother in Karnataka, three child lifters held Bengaluru: Karnataka Police reunited a one-day-old male baby with his mother in the Gulbarga Institute of Medical Sciences (GIMS) in Karnataka's Kalaburagi after arresting three child lifters. According to police, the accused women, posing as nurses, had taken the child from his mother in the hospital on the pretext of conducting a blood test and sold him for Rs 50,000 on Tuesday. The accused were identified as Umera, Nasreen and Fathima. The rescued baby was under treatment at the Special Newborn Care Unit (SNCU) at the G ...Read More >
In a heart-wrenching incident, a 30-year-old Dalit youth, who was brutally thrashed, succumbed to his injuries during treatment at a hospital in the Shivpuri district of Madhya Pradesh, and four people have been arrested in this connection. The incident occurred under the jurisdiction of Subhashpura police station on Tuesday, however, the matter came to light after a video surfaced on social media showing four persons beating the youth with sticks and pipes mercilessly. In the video, the victim, identified as Vishnu Jatav, was seen being thrashed by a group of men in a field in Indergarh vil ...Read More >
Guwahati, Feb 4: Assam's Special Task Force (STF) arrested another Ansarullah Bangla Team (ABT) operative in the early hours of Tuesday in Kokrajhar, bringing the total number of arrests in the case to 12. Acting on intelligence inputs, the STF, with assistance from Kokrajhar police under Operation Praghat, apprehended one Nasim Uddin SK, a key operative suspected of involvement in extremist activities. The accused was presented before the court and has been remanded to seven days in police custody for further interrogation. According to an STF statement issued on Tuesday, Nasim Uddin is no ...Read More >
New Delhi: Nearly three weeks after businessman Arun Lohia was fatally shot inside his SUV near Chhatarpur Metro Station in South Delhi, two of the alleged shooters were injured and arrested during a police encounter on the Chirag Delhi-Khanpur stretch on Thursday. Investigations revealed that the killing stemmed from a land dispute. A third suspect was also taken into custody.According to police, the murder took place on May 15. The victim, Arun, a resident of Aya Nagar and owner of several local warehouses, was attacked around 1 pm while returning from Saket Court with his father, Rambir Loh ...Read More >
Hyderabad: The National Human Rights Commission (NHRC) has taken suo motu cognizance of media reports about a 35-year-old auto driver's custodial death at Rajendranagar police station on on May 13. The commission issued a notice to Telangana DGP and sought a detailed report within two weeks.The victim was alleged to be having some issues with his wife, who took him to the police station to resolve the matter. After counselling the couple, the man was taken to a room where policemen allegedly beat him with rubber belts. After an hour, when he came out of the station, he started vomiting and col ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...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 >
ALSO READ: Lucknow Shocker: 3-Year-Old Girl, Sleeping Under Metro Station, Raped In Alambagh Area; Her Condition Critical Ashish Srivastav, the Deputy Commissioner of Police (DCP) of Central Lucknow, who visited the crime scene on Wednesday night itself, identified the accused as Deepak Verma. While talking to the news agency ANI, DCP Srivastava said, " On the morning of June 5, at 10 am, a complaint was registered that a 2.5 year old girl had been raped... A case was registered and five teams were formed... As per the CCTV footage of the scooter, the accused was identified as Deepak Verma... ...Read More >
Sub-Inspector Narender Reddy alerted his staff, who traced the autorickshaw within a few hours with the help of cybercrime and forensic experts. Later, the bag along with the ten tolas of gold ornaments was handed over to Hena Parveen. Karimnagar: The Gangadhara police traced ten tolas of gold ornaments that a woman lost within a few hours and handed over the ornaments to her. According to police, a resident of Laxmidevipalli of Gangadhara mandal, Hena Parveen along with her mother came to Karimnagar town on Wednesday. After completing work, she returned to the village in an autorickshaw and ...Read More >
New Delhi, Dec 11 (PTI) A Delhi court has sought a report from police commissioner Sanjay Arora asking why no efforts were made to arrest a man who was serving 10 years in jail in a drugs case but jumped interim bail in 1998 to be held only recently. Additional sessions judge Ekta Gauba Mann was hearing the proceedings regarding a 1994 FIR registered in Jama Masjid Police Station, wherein the investigating officer produced the accused Ashok Kumar Yadav before the court. The court noted the IO's submissions that Yadav was convicted under Section 20 (contravention in relation to cannabis plant ...Read More >
Hyderabad: Film actor Manchu Manoj appeared before Rachakonda Police Commissioner G Sudheer Babu on Wednesday, in connection with a case booked against him in Pahadi Shareef police station under Section 329 (criminal trespass) of BNS. Manoj, son of veteran film actor Manchu Mohan Babu, came to the Police Commissioner's office in Neredmet in the afternoon [...] Manoj, son of veteran film actor Manchu Mohan Babu, came to the Police Commissioner's office in Neredmet in the afternoon following a notice issued to him by the Rachakonda Police Commissioner under Section 126 of BNS in view of the ens ...Read More >
Police officials said the man, from Visakhapatnam, had already paid the principal amount but was being hounded for a huge amount as interest. The man's family has lodged complaints with the police commissioner and the district collector. Hyderabad: Facing relentless harassment after taking a loan of Rs 2,000 from an instant loan app, a 27-year-old died by suicide in Andhra Pradesh's Visakhapatnam just 47 days after he got married. Police officials said Narendra, who catches fish for a living, ...Read More >
Patna: The National Investigation Agency (NIA) conducted simultaneous raids in Muzaffarpur and Vaishali on Wednesday morning in connection with an investigation involving two AK 47 assault rifles. One of the targeted locations was the residence of Bhola Rai, the village head of Mankauli Panchayat in Muzaffarpur. The raid at Bhola Rai's house began at approximately 3 A.M. and was carried out with the assistance of the local police. The NIA team conducted a thorough search of the premises, seizing several documents. However, officials have not disclosed details about the seized items. The i ...Read More >
LUCKNOW: Hours after the abduction and rape of a three-year-old girl sleeping with her mother under a bridge near Alambagh metro station, the accused was killed in an encounter with Lucknow police early Friday.The accused, identified as Deepak Verma, a habitual offender with multiple criminal cases lodged across city police stations, was traced through CCTV footage that captured him fleeing with the child on a white scooter around 3.30 am on Thursday.Deputy Commissioner of Police (Central Zone) Ashish Srivastava said multiple police teams were formed immediately after the incident, and a rewar ...Read More >
New Delhi [India], December 3 (ANI): The National Investigation Agency (NIA) chargesheeted another accused in the Magadh (Zone) CPI (Maoist) revival attempts case, the agency said in a statement. Binod Shankar alias Vinod Shankar Singh, a resident of Kaimur district of Bihar, is the 6th accused to be chargesheeted in the case, the agency said. The chargesheet was filed on Monday. Also Read | Pune: Doctors Perform Rare Laser Surgery on Woman Pregnant With Monoamniotic Twins To Save Healthy Foetus at KEM Hospital. A supplementary chargesheet has been filed against him under various sections o ...Read More >
Bengaluru: Karnataka Chief Minister Siddaramaiah has reacted to a viral video that shows an SBI branch manager in Bengaluru refusing to speak Kannada during an interaction with a customer, sparking a fresh language row in the southern state. The incident took place at the Surya Nagara branch in Anekal Taluk area in Bengaluru earlier this week, and the video of the incident has gone viral since then. Condemning the bank manager's behaviour, he said that the woman's refusal to speak in Kannada or even in English and the apparent disregard for citizens was highly unacceptable and deeply disrespec ...Read More >
Navi Mumbai: An 18-year-old college student was arrested in Assam for sending a death threat message to city rapper Mohammad Bilal Shaikh, also known as Emiway Bantai, and demanding Rs 1 crore in extortion. The student, Arnav Ramen Kumar Haloi, claimed to be Goldy Brar, an aide of gangster Lawrence Bishnoi and the alleged mastermind of the 2022 murder of Punjabi singer Sidhu Moose Wala. The threat message was sent on May 25, coinciding with the release of an online teaser for a music video in tribute to Moose Wala.ACP Mayur Bhujbal said that Haloi, a first-year B.Com student from Sonitpur dist ...Read More >
Karnataka Deputy Chief Minister D K Shivakumar expressed grief over the stampede near Chinnaswamy Stadium, lamenting the loss of lives and the damage to Bengaluru's reputation. He dismissed opposition allegations and accusations of playing politics, emphasizing the government's responsibility.Karnataka Deputy Chief Minister D K Shivakumar on Thursday turned emotional over the loss of lives due to the stampede near the Chinnaswamy Stadium and said that Bengaluru has lost its image due to the incid ...Read More >