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: In a span of just two hours, 14 individuals, trying to buy ganja, were apprehended by the Elite Action Group for Drug Law Enforcement (EAGLE) during a decoy operation at Gachibowli on Sunday. All of them tested positive for cannabis consumption after they were subjected to on-the-spot urine tests for drug use. They have been referred to certified drug de-addiction centres for treatment and rehabilitation. According to police, intelligence revealed that the prime suspect would transport around 5 kg ganja at a time, packed into 100 sachets of 50 grams each. He would sell each packet for '3,000 and maintained a database of over 100 regular consumers, including their mobile numbers. Communication was primarily done via WhatsApp using coded messages such as "Bhai, baccha aa gaya bhai" to signal arrival and availability of the drug. Man, wife come with 4-yr-old to buy cannabis Those detained include an online trader Naveen (31), student Ayush (22), racing engineering student Nikhil (29), architect Sindura (26), property manager Hasan (34), IT employee Kranti (28), dental technician Akhil (28), business relationship manager Shiva (32), freelancer at an ad agency Sandesh (34), real estate sales executive Sai Raj (31), travel agency owner Akhil (26), driver Swamy (27), and IT employees Thushar (24) and another individual aged 24. In a press release, EAGLE stated that a couple had arrived at the location with their four-year-old son to purchase ganja. "We let off the woman and the child. The husband tested positive. Only God knows whether the woman is also consuming drugs," the note remarked. In another instance, a different couple was caught attempting to purchase ganja. The woman initially tried to bluff her way out, but both tested positive and were found to be addicted. Efforts are ongoing to trace and apprehend the main peddler, who is believed to be based in Maharashtra and managed to evade capture during the operation. Technical teams are currently analyzing WhatsApp messages and other digital evidence recovered from the consumers' mobile phones to map the supply network. Officials said the database of more than 100 consumers is being scrutinized to bust the wider distribution and demand system. "It's better for the remaining 86 consumers to opt for de-addiction, rather than be picked up by EAGLE," officials warned. The EAGLE team added that the operation had successfully disrupted a critical local ganja distribution point in Gachibowli.
New Delhi, Dec 3 (VOICE) White collar hiring in India grew 6 per cent in the festive season (October and November), driven by strong growths in key non-IT sectors, a report showed on Tuesday.The sectors like Oil and Gas (+16 per cent), Pharma/Biotech (+7 per cent), FMCG (+7 per cent), and real estate (+10 per cent), alongside sustained momentum in emerging domains like AI/ML (+30 per cent) and global capability centres (+11 per cent), according to Naukri JobSpeak Index. While the IT sector has historically been a dominant force in fresher hiring, the current trend shows a significant upsurge ...Read More >
NEW DELHI, June 8: 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. Follow the Daily Excelsior channel on WhatsApp 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 ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
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 >
Aditya Tiwari's journey as a single father to Avnish, a child with Down syndrome, showcases resilience, love, and advocacy for disability rights in India. On the International Day of Persons with Disabilities, observed annually on December 3rd, we celebrate stories of resilience and advocacy that inspire change. One such story is that of Aditya Tiwari, a single father who adopted Avnish, a child with Down syndrome. Since 2016, their journey has not only highlighted the challenges faced by single male parents in India but also served as a beacon of hope for many. Aditya's journey began on Sep ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advanced Systems Ltd (TASL) for manufacturing key sections of the Rafale fighter jet, including the lateral ...Read More >
Hyderabad: Chief Minister A Revanth Reddy will inaugurate Shilpa layout stage-II flyover named after the senior Congress leader late P Janardhan Reddy (PJR), connecting Outer Ring Road (ORR) and Kondapur on Saturday. The flyover was built under the Strategic Road Development Programme (SRDP) at a cost of Rs 182.72 crore. It is 1.2 km long and 24 meters wide with six lanes. Its specialty is that it is a third-level structure built on two existing flyovers. Below is the Gachibowli Junction flyover, above it is the Shilpa layout phase one flyover and now the phase two flyover, is being built on ...Read More >
Srinagar, Jun 06: Political leaders in Jammu and Kashmir have extended greetings to the people on the auspicious occasion of Eid-ul-Adha. They expressed hope that the revered occasion brings peace and prosperity to the region. Dr Farooq Abdullah National Conference (NC) president, Dr Farooq Abdullah conveyed his heartfelt greetings to the people on Eid-ul-Adha, wishing them peace, prosperity and unity. In his message, Dr Abdullah reflected on the profound significance of the day, saying, "As the Muslim Ummah comes together in celebration of Eid-ul-Azha, I extend my warmest greetings to ever ...Read More >
Thiruvananthapuram (Kerala) [India], June 7 (ANI): Kerala Governor, Rajendra Vishwanath Arlekar, on Friday, greeted the Muslim brothers and sisters of Kerala on the joyous occasion of Eid-ul-Ad'ha. "Eid-ul-Ad'ha glorifies the spirit of sacrifice and everlasting faith in the Almighty, inspire humanity to stay united through love, compassion and kind deeds that foster brotherhood and social harmony," the governor's X post read. Also Read | Indus Waters Treaty Suspension: Desperate Pakistan Wrote 4 Letters to India, Pleading Reinstatement of IWT, Say Sources. Meanwhile, Chief Minister Pinarayi ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
New Delhi, Jun 7 (PTI) Realty firm G Square Group has acquired 714-acre project from Rakindo in Coimbatore for Rs 707 crore and will develop it as an integrated township. In a statement on Saturday, the company announced launch of 'G Square Seven Hill', a township project that combines plots and mixed-use development. "The acquisition of the 714-acre project from Rakindo for Rs 707 crore, marked the latest in a series of major investments transforming Coimbatore into a premier real estate destination," it said. The Kovai Hills project, now rebranded as G Square Seven Hills, spans 714 acres ...Read More >
Vizianagaram: DIG Gopinath Jatti of the Visakhapatnam range urged youth and students to steer clear of drugs and other sedatives. He emphasised the importance of focusing on their studies and careers rather than engaging in poor habits. On Thursday, the police department observed an Anti-Drug Day. Speaking on the occasion, DIG Jatti said that strict action is being taken against those involved in cannabis cultivation. In the past, cannabis was grown on 15,000 acres in the agency areas, but with the help of drone technology, these crops were identified and destroyed. Due to the police's enforc ...Read More >
New Delhi, June 27 (SocialNews.XYZ) Showcasing resilient economy amid robust policies, the collective brand value of the top 100 Indian companies reached $236.5 billion in 2025 to date, according to a new report. The 'Brand Finance India 100 2025' ranking results remain stable, reflecting a year of steady gains for major Indian brands across sectors. Tata Group has once again secured its position as India's most valuable brand ranked by becoming the first Indian brand to cross the $30 billion threshold. Its brand value is up 10 per cent to $31.6 billion. As the second most valuable Indian b ...Read More >
Once the flyover is thrown open for the public, the traffic woes to enter ORR from Kondapur would be resolved and it will be helpful for those travelling to the IT corridor also. The traffic congestion at Gachibowli junction will be significantly reduced and travel time of motorists will also be saved to a large extent. The flyover was built under the Strategic Road Development Programme (SRDP) at a cost of Rs. 182.72 crore. It is 1.2 km long and 24 meters wide with six lanes. Its specialty is t ...Read More >
New Delhi [India], December 4 (ANI): The GSEC in Hyderabad will be the first of its kind in the APAC region after Tokyo and only the fifth globally, with similar facilities in Dublin, Munich, and Malaga, according to a statement. This GSEC is a specialised international cybersecurity hub designed to play a crucial role in developing advanced security and online safety products tailored for the Indian context. The centre will focus on cutting-edge research, AI-driven security solutions, and creating a collaborative platform for leading experts and researchers in cybersecurity. It also aims to ...Read More >
India's housing market is booming, with 2024 projected to be the best year yet. Over 300,000 homes worth ₹510,000 crore are expected to be sold across the top seven cities, driven by economic growth and infrastructure improvements. Sales in the first nine months already reached nearly 230,000 homes, indicating continued robust demand and rising capital values.India's housing property market continues to remain on a strong footing, with the year 2024 expected to end as the best year ever in term ...Read More >
Bihar's infrastructure has seen a 15-fold increase in data consumption over the past five years. Road density is now the third highest in India, electricity generation has increased tenfold, and IT parks and data centers are being developed. Numerous bridges and expanded rail lines are improving connectivity and boosting trade.Bihar has seen a 15-fold jump in data consumption in the last five years as the state goes big on developing infrastructure, investing in connectivity and building rail and ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >
Guntur (Andhra Pradesh), June 26 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Thursday said declared a crackdown on drug peddling, warning that the state will seize the assets of those involved in the illegal trade. Marking the International Day Against Drug Abuse and Illicit Trafficking here, Naidu said, "I am issuing an ultimatum to people growing and shipping ganja (marijuana). Whether you grow it or bring it from outside, I will not spare." The CM said he will use the seized assets of drug peddlers in anti-drug campaigns. He unveiled a toll-free number and a WhatsApp number ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
Mumbai (Maharashtra) [India], December 2: Dosti Realty, a leading brand in the real estate sector recognised for delivering exceptional residential experiences and premium lifestyle projects across the Mumbai Metropolitan Region has announced the "Good Buy 2024" campaign for aspiring homeowners. An ideal way to bid farewell to the year, the Dosti Realty campaign is designed to resonate with the spirit of the year-end, inspiring homebuyers to make meaningful investments that shape their future. Also Read | Farmers Protest: Massive Congestion at Delhi-Noida Border as Police Set Up Barricades Ah ...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 >
Vijayawada: Chief Minister Nara Chandrababu Naidu has announced that with the support from NVIDIA for curriculum and training, 10,000 engineering students will receive skill training in the next two years. Naidu said in a post on 'X' on Saturday, "Andhra Pradesh is welcoming bold initiatives to lead India's AI revolution. Under the leadership of Minister for IT Nara Lokesh, we have entered into an MoU with NVIDIA to build a strong and inclusive AI ecosystem in the state. As many as 500 AI startups from AP will gain access to its Inception Programme for global exposure and key resources." "Fu ...Read More >
Chief Minister Mohan Yadav, campaigning to invite global investors to the Global Investors Summit to be held in Bhopal in February 2025, addressed an interactive session with industrialists during a roadshow in London, UK, on Tuesday. Yadav praised the dynamic leadership of Prime Minister Narendra Modi for the rapid industrial development seen across India. Inviting the industrialists to invest in Madhya Pradesh, he highlighted that the state possesses one of the largest land banks in the country. Madhya Pradesh has transparent and investor-friendly policies and is a leader in the mining and ...Read More >
Hyderabad, June 6 (Maxim News): IT Minister D.Sridhar Babu on Friday said the health condition of BRS MLA Maganti Gopinath is improving compared to previous day. The doctors have informed that the MLA was responding to treatment, but continues to be on a ventilator in the ICU. Here To Join Us On WhatsApp Speaking to the media after visiting AIG Hospital, Sridhar Babu stated that Gopinath was admitted with a massive heart attack and continues to receive intensive care. "Doctors informed me that his condition is now better than yesterday. I also spoke with his family. The government will exten ...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 >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >
HYDERABAD, India, Nov. 26, 2024 /PRNewswire/ -- IBSAT 2024, the proctored online aptitude test conducted by The ICFAI Foundation for Higher Education, is MBA aspirants' gateway to premier MBA, PGPM offered at nine ICFAI Business School (IBS) campuses. With applications closing in the third week of December, this is the perfect time for the candidates to secure their future with IBS and explore its Rs. 10 crore scholarship program. IBSAT is designed to reduce the stress on aspirants unlike CAT, XAT as the test does not have negative markings or sectional time limits, allowing candidates to foc ...Read More >
Complainant, Gadhagoni Chakradhar Goud, alleges surveillance used to damage reputation A case has been filed against Bharat Rashtra Samithi (BRS) leader and former minister Harish Rao at the Panjagutta Police Station in Telangana's Hyderabad in connection with allegations of illegal phone tapping . The complaint, filed by Gadhagoni Chakradhar Goud, a real estate dealer and former political candidate, also names senior police official Radha Kishan Rao in the case. In his written complaint, Goud claims that Harish Rao conspired to tap his phone and monitor his activities without authorisation ...Read More >