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: Light to moderate rains over the last month have laid bare the substandard condition of roads in the city, with several stretches developing potholes that are adding to the woes of motorists.While the Greater Hyderabad Municipal Corporation (GHMC) maintains a vast road network of 9,000 km, which includes 2,846 km of blacktop roads and 6,167 km of cement concrete roads, it identified more than 8,000 potholes, averaging almost one pothole per km. The LB Nagar zone, connecting Hyderabad with Vijayawada, alone accounts for 25% of all potholes in the city.Although the civic body initiated repairs of potholes as part of a road safety drive, the poor quality during maintenance work becomes evident every year as these restorations deteriorate rapidly in the event of heavy to very heavy rainfall. The situation is particularly severe in high-traffic areas like old Hafeezpet, Amberpet, and Ayyappa Society, where water-filled potholes, along with accumulated mud and stones, create significant obstacles for vehicles.The problem extends beyond main thoroughfares, affecting internal roads across various neighbourhoods, including Nallagandla, Chandanagar, Langar Houz, Uppal, Narayanaguda, Mallepally, Nagole, Malakpet, Red Hills, and several areas in Old City, which have several damaged roads. The combination of potholes and waterlogging has created challenging conditions for road users.Citizens have turned to X to report pothole-related issues to GHMC, particularly in areas such as JNTUH, Kondapur, Bachupally, and Cherlapally. "While GHMC acknowledges these tweets, which are tagged in our handle 'Team Road Squad', they fail to provide specific completion schedules or share the results. Additionally, many citizens have raised concerns about their complaints being marked as resolved on the MyGHMC application without actual remediation of the reported problems," said T Harsha, who runs Team Road Squad on X.Engineering experts criticise municipal authorities for their inadequate approach to pothole repairs across the city. The inconsistent understanding of material density between repaired sections and existing road surfaces leads to a cycle where fixing one pothole often results in the formation of new ones along the edges."The current practice involves municipal workers addressing potholes by merely treating small four-feet sections with basic patchwork to level the surface. However, proper road rehabilitation requires cutting, restructuring, and repairing stretches of 50 to 100 metres, based on the road's density, followed by a thorough assessment of surface roughness and necessary subway adjustments. Potholes need different repair techniques based on the extent of deterioration and the type of pavement material used in construction," said KM Lakshmana Rao, retired civil engineer, JNTUH.On the other hand, GHMC commissioner RV Karnan issued instructions to the engineering wing to fix potholes within a week. "We have undertaken comprehensive road maintenance, which includes repairing catch pits and central medians, alongside pothole filling. Within a week's timeframe, we will address road repairs in 7,500 identified problematic locations. Our teams already resolved issues with 1,700 potholes and fixed 28 catch pits across the city in the past two days. This special drive aims to ensure hassle-free movement for motorists on city roads," said Sahadev Ratnakar, chief engineer (maintenance), GHMC.
Katra, June 6 (UNI) Prime Minister Narendra Modi on Friday said Pakistan engineered Pahalgam terror attack to hurt Kashmir's economy and brotherhood in the country, but its evil designs failed and Indian Armed Forces hit the neighbouring country deep inside. "Pakistan attacked both humanity and Kashmiriyat in Pahalgam. Its intention was to incite riots in India and disrupt the livelihoods of hardworking Kashmiris. By attacking tourists, Pakistan aimed to damage the region's economy and peace," Modi said while addressing a massive gathering. Recalling the start of Operation Sindoor exactly a ...Read More >
TS PGECET Rank List 2025: Students who scored at least 30 marks are eligible for the counselling. TS PGECET Rank List 2025: Jawaharlal Nehru Technological University (JNTU) Hyderabad has declared the results of the Telangana State Postgraduate Engineering Common Entrance Test (TS PGECET) 2025. Candidates who appeared for the exam held between June 16 and 19 can now download their rank cards from the official website - pgecet.tsche.ac.in. TS PGECET serves as a gateway for postgraduate admissions into MTech, MPharm, ME, MArch, Pharm-D (PB), and other professional courses in Telangana's univers ...Read More >
Navi Mumbai: The father of a three-day-old girl who was found abandoned in a blue basket outside Navi Mumbai's Panvel wad traced and detained on Sunday, the police said. According to them, the infant's parents were not financially stable enough to raise her. Due to this, the couple decided to give up the baby to an orphanage that could look after her, reported PTI. However, the Navi Mumbai police's crime branch traced the infant's father, Aman Iqbal Kondkar, a resident of Thane's Bhiwandi, within 24 hours, an official said. ...Read More >
Hyderabad: The technical education department said in an official release that 1,07,218 seats were available in 171 institutions, including state universities, private universities and un-aided private engineering colleges for 2025-26. Of these, 76,795 seats are under the convener quota to be filled via TG Eapcet web-counselling. The department advised candidates during web-counselling to opt for as many courses and colleges as possible during the web options to get a better seat in the first phase. Candidates can exercise in web options up to July 10. Another 5,808 seats are available in 2 ...Read More >
Hyderabad: With back-to-back spells of heavy rain battering Hyderabad and nearby districts, the India Meteorological Department (IMD) on Friday forecast more downpours over the weekend, issuing a heavy rainfall warning for 10 districts including Hyderabad, Rangareddy, Medchal-Malkajgiri, Sangareddy, and Mahbubnagar. The city has been placed under an orange alert, with citizens asked to remain prepared and take precautions, especially in flood-prone areas. Officials urged commuters to avoid unnecessary travel and opt for Metro Rail services in case of heavy downpour. The sudden shift in the w ...Read More >
Hyderabad: Heavy rains on Friday lashed the city and has thrown life out of gear for many people as they were left stranded. After a long period of occasional light rains, heavy rains lashed the city resulting in waterlogging at many areas. City experienced slow-moving traffic due to knee-deep waterlogging after the rain in various areas. The houses in the low-lying areas have been flooded due to sudden downpour. Water quickly accumulated on the streets, creating knee-deep flooding in some neighbourhoods. The motorists had to struggle to wade through the water at places up to four feet. Vehic ...Read More >
The Hyderabad Traffic Police have issued an advisory in view of the Bonalu festivities on July 20 and 21, with diversions planned across old city, Amberpet, and Chilkalguda areas to ensure public safety and smooth movement of devotees. Traffic diversions will be enforced around Mahankali Temple in Amberpet from 6 a.m. on July 20 to 6 a.m. on July 22. Vehicles from Uppal heading towards Chaderghat or MGBS will have to use Amberpet flyover. Devotees visiting the temple will be allowed to park at t ...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 >
Medak: Telangana State BJP President N. Ramchander Rao on Friday appealed to the people to give the committed party an opportunity to meet the aspirations of the poor and downtrodden. Addressing a large gathering of party workers in Medak, the BJP chief remarked that citizens have experienced the rule of the BRS and the Congress party and have had bitter experiences with the deceitful practices of both. He urged people to support the BJP wholeheartedly in the upcoming local body elections as a way to teach the ruling Congress party a lesson for its unfulfilled promises. Rao emphasized that t ...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 >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
Guwahati (Assam) [India], July 18 (ANI): In adherence to the principle of transparent and merit-based recruitment, Assam Chief Minister Himanta Biswa Sarma on Friday distributed appointment letters to 342 candidates under the Department of Higher (Technical) Education at a ceremony held in the auditorium of Gauhati Medical College. Of these, 236 individuals have been appointed as lecturers - 141 in technical subjects and 95 in non-technical subjects - in the state polytechnic institutions. Additionally, appointment letters were distributed to 85 Senior Instructors to be posted in the state en ...Read More >
Hyderabad: The Hyderabad police have nabbed five of the six accused in the murder of Communist Party of India (CPI) state council member Kethavath Chandu Rathod at Shalivahana Nagar GHMC Park on July 15. According to the police, there were multiple motives for the murder including financial, political and infidelity issues. Chandu Rathod, and Donthi Rajesh alias Rajanna, who is the state secretary of the Communist Party of India (Marxist Leninist) Liberation Party; had financial dealings for the past 4 years, though hailing from different parties. One of the reasons for the rivalry began in ...Read More >
Chennai (Tamil Nadu) [India], August 4 (ANI): Actor and Makkal Needhi Maiam founder Kamal Haasan made strong remarks on the necessity of education while addressing a gathering at the Agaram Foundation event in Chennai. Education is the only weapon that can break the chains of dictatorship and Sanatan, the Rajya Sabha MP said on Sunday. Kamal Haasan added, Dont take anything else in your hands, only education. We cannot win without it, because the majority can make you lose. Majority Fools (Moodargal) will make u lose; knowledge alone will seem defeated. That why we must hold on to it (Educat ...Read More >
Hyderabad, May 21 (Maxim News): Heavy rain is lashing in many parts of the Hyderabad city. heavy rain accompanied by thunder and lightning is falling in many places. Low-lying areas have been flooded due to the rain. People are facing severe difficulties due to the rain. Here To Join Us On WhatsApp Heavy rain is falling in the old city as well as in the suburbs. Traffic has come to a standstill in many areas due to the heavy rain. Heavy rain is falling in Malakpet, Dilsukhnagar, Saroornagar, Kothapet, Secunderabad, Boinpally, Marredpally, Jubilee Hills, Banjara Hills, Panjagutta, Lakdikapoo ...Read More >
A two-and-a-half-year-old girl was allegedly raped near the Alambagh Metro station in Lucknow, one of the busiest zones at due to the presence of the Inter-State Bus Terminal (ISBT). The victim, a daughter of pavement dwellers from Unnao, was picked up while she was sleeping next to her father and mother on the roadside early Thursday morning, police said. The accused is still absconding, and police teams have been formed to trace him. The child was found in a severely injured state, abandoned a ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
Patna: In a major political declaration, Lok Janshakti Party (Ram Vilas) chief Chirag Paswan on Sunday announced his party's intention to contest all 243 seats in the upcoming Bihar assembly elections. Speaking at a public rally in Saran district, bordering his Hajipur Lok Sabha constituency, Paswan's announcement signals a bold shift in the state's political narrative."When I say Chirag Paswan will contest the election, I mean that I will field candidates from all 243 seats in Bihar. I will contest from all seats," he told the cheering crowd.Addressing supporters with fervour, Paswan said, "I ...Read More >
Hyderabad: With the India Meteorological Department predicting heavy rainfall over Greater Hyderabad, the Greater Hyderabad Municipal Corporation (GHMC) has placed its machinery on high alert, commissioner R.V. Karnan said on Wednesday. He inspected Musi River water levels and the ongoing Musarambagh bridge construction, stressing the need for continuous monitoring and swift response to safeguard communities and infrastructure. "Our priority is to protect residents and deliver critical infrastructure projects without delay, even in challenging weather conditions," he explained. GHMC advised ...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 >
Lucknow, June 6: A man accused of abduction and rape of a three-year-old girl in Lucknow, Uttar Pradesh, was killed in an encounter with police on Friday. The accused was identified as Deepak Verma by the police after scanning CCTV footage that showed him with the child. The officials said he was a habitual offender with criminal cases lodged across the city police stations. Deputy Commissioner of Police (Central Zone) Ashish Srivastava said five police teams were formed immediately after the incident was reported, and a reward of Rs one lakh was announced for his arrest. Police, after identi ...Read More >
BENGALURU: Coming from Yedugundlapadu, a small village in Andhra Pradesh, where she was the first engineer ever, Professor Madhavi Latha is now among the technical minds behind the Chenab Rail Bridge -- the world's tallest railway bridge -- inaugurated by Prime Minister Narendra Modi on Friday. Madhavi, who hails from a family of farmers, completed her entire schooling in government school. The youngest of four siblings, she had initially dreamt of becoming a doctor. But with limited resources, her parents suggested engineering, which was more affordable through government colleges. Madhavi ...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 >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
HYDERABAD: The historic Golconda Fort came alive with colour, devotion and festive fervour as the annual Bonalu celebrations kicked off on a grand note on Thursday. The month-long festivities began with traditional prayers to Goddess Jagadambika at the Sri Jagadamba Mahankali temple atop the fort. The first Bonam -- a traditional offering of rice, jaggery, curd and neem leaves carried in decorated brass or earthen pots -- was brought in a massive procession from Langar Houz Crossroads, accompanied by beats of drums, chants and the rhythmic dance of 'Potharajus' wielding whips. Women dressed ...Read More >
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 >
Chandigarh: Punjab chief ministerBhagwant Mann on Thursday said the government will table a bill in the assembly on Friday to introduce harsher punishment for religious sacrilege. However, the law will not be enacted immediately, as the government plans to hold consultations with stakeholders before finalising the legislation.Mann said the decision was taken in a meeting of the cabinet earlier in the day. After the legislation is tabled, Punjab govt will gather suggestions on the law from stakeholders, including religious organisations and people, he added.Sources said said the new legislation ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in Srinagar, and two in Budgam district -- (KNO) ...Read More >