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.
Bengaluru (Karnataka) [India], July 14 (ANI): Russian woman Nina Kutina and her two children were rescued by Gokarna Police and processed by the Foreigners Regional Registration Office (FRRO) in Bengaluru before being sent back to a rescue centre in Tumakuru. Kutina, who had been living with her daughters in a cave near Gokarna, defended her lifestyle and rejected the claims made about her situation. 'You give already a lot of lying information. We have big experience to stay in natural, in jungle, and we were not dying, and I did not bring my children, my daughters to die in jungle. They did not feel bad, they were very happy, they swam in waterfall, they lived, had very good place for sleeping, a lot of lessons with art making, we made from clay, we painted, we ate good, I was cooking with gas, very good and tasty food,' she said. Dismissing suggestions of neglect or danger, she added, 'They have everything best, they were happy, and dressed, and sleeping good, and art lessons, and lessons about how to write and read, and they were not dying from hunger, never, everything not true. I have a lot of websites like social net, my profile has a lot of video about our life experience, and a lot of years, different country, like near 20 countries I live, different forest, because we love natural.' Kutina stated that they had been taken to the hospital, but her children were in perfect health. 'Today they brought us to hospital for doctors, it was the first time my daughters were in hospital, they are full of health, not one pain they have, and not one time in their life they were sick.' She also defended the cave they were living in, calling it safe and near a village. 'Because we love living natural, it's just one reason, and this cave was not in like in big big forest, far far from all, and we could probably buy food or anything, it's very close to village, and it's very big and beautiful cave, and not small, and it's like it has window to look to ocean.' 'It's not a dangerous place, every tourist three minutes can come at place, and snakes for all time we live, yes we saw a few snakes, but same time in grove, Gokarna grove, people put a photo about snakes come to home, to kitchen, to toilet, to everywhere, it's same same.' Regarding visa issues, Kutina admitted their documents had expired but disputed reports that they had overstayed since 2017. 'It is lying, because they found my old passport, and they decide what it's like, they did not check if it's real true. We don't have our visa, valid visa, our visa finished, but it was short time ago. After 2017, we already were in four countries, leave and then come back to India.' She also explained her continued stay in India after her son passed away. 'After I had my son, big son, he died, died, and because it happened, and it brought what my new visa, I stayed little more, but not so much, how they tell.' Kutina said she was born in Russia but hadn't lived there for 15 years. 'After that I was travelling a lot of countries, Costa Rica, Malaysia, Bali, Thailand, Nepal, Ukraine.' Rejecting the narrative that spirituality alone motivated her, she clarified, 'It is not about spiritually how they write, it's not about it, we just like natural because it gives us health... it's very big health, it's not like you live in home.' She maintained that her daughters were comfortable and happy. 'Very comfortable. I have telegram canal where for all time what we stay in cave, we have photo, video, what we do inside, how we cook tasty food, what we eat, how we make lessons, art, painting and clay... all what we do, you can look at.' (ANI)
Port Blair: Namita Roy was just 26 years old when she gave birth to her son, 'Tsunami', in a snake-infested jungle where she and her family took shelter after deadly waves triggered by a massive earthquake devoured her home in Hut Bay Island in Andaman and Nicobar on this day in 2004. Twenty years later, she remembers the day with a shudder. "I don't want to recall that dark day. I was pregnant and busy with daily chores. Suddenly, I noticed an eerie silence and was shocked to witness the sea receding miles from our shore. We also noticed zugunruhe in birds," she told PTI. "Seconds later, th ...Read More >
Ujjain (Madhya Pradesh) [India], June 5 (ANI): Madhya Pradesh Chief Minister Mohan Yadav attended the Spiritual and Wellness Summit 2025 held in Ujjain on Thursday and said that investment proposals worth around Rs 1950 crore were received in the summit. He also highlighted that the state is ready to lead India's wellness mission and is becoming the country's leading spiritual and wellness destination, a major attraction for investors in this sector. Also Read | Gautam Gambhir Reacts On Bengaluru Stampede During RCB's IPL 2025 Victory Celebrations During IND vs ENG Pre-Departure Press Confer ...Read More >
Nainital (Uttarakhand) [India], June 7 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami inaugurated and laid the foundation stone of 27 development projects of Nainital district worth about 126 crore 69 lakhs in a program organised at Lalkuan, Nainital on Saturday. These projects include schemes related to education, road, medical, irrigation, sewerage, urban development, beautification and destitute cow protection. During this, 9 schemes were inaugurated at a cost of 25.93 crores and foundation stone were laid for 18 schemes at a cost of 100.76 crores. The Chief Minister said in his ad ...Read More >
GURGAON: The investigation into the murder of a 25-year-old former international tennis player, allegedly by her father, has revealed a sudden deterioration in their relationship. The apparent reason was a disagreement over the academy she ran near their house, but the roots clearly run deeper. The father, who claims to have spent Rs 2 crore on his daughter's tennis career, told interrogators he was troubled by questions about her "character" that some of his associates had raised.Deepak Yadav, who shot Radhika at their house Thursday morning, had allegedly been insisting for two weeks on her ...Read More >
PNN New Delhi [India], May 20: With rising temperatures and vacation time in summer just around the corner, summer travel to Europe is seeing a huge boom from Indian tourists. According to recent reports, there has been a whopping 29% increase in Schengen visa applications from India, signifying strong demand to discover the cultural festivals, historic cities, and picturesque landscapes Europe has in store. Due to more efficient processes and enhanced travel assistance, Indian travelers are now opting to apply Schengen visa online with Akbar Travels--one of India's most reliable travel bran ...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 >
New Delhi [India], June 7 (ANI): The Delhi Police have initiated the process to deport 31 Bangladeshi nationals who were living illegally in the North West district of Delhi. The deportation process began on Saturday after the individuals were brought to the Foreigners Regional Registration Office (FRRO) in RK Puram, officials said. Earlier this week, the North West District Police apprehended 18 Bangladeshi nationals who were found residing illegally in the city. The arrests were made during a special operation conducted on Tuesday by the Foreigner Cell unit in the Bharat Nagar police statio ...Read More >
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 >
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 >
Amritsar: BJP MP Nishikant Dubey from Jharkhand has claimed that Britain assisted India in executing the 1984 Operation Bluestar at the Golden Temple in Amritsar, stoking a new controversy.In a post on X on Monday, Dubey alleged that then PM Indira Gandhi "launched an attack on the Golden Temple in collaboration with Britain", with British Army officers present in Amritsar.He uploaded a classified British document, "Sikh Community", claiming that on Feb 23, 1984, the UK Foreign and Commonwealth Office mentioned in a letter that the Indian govt had sought British advice over a plan to remove Si ...Read More >
New Delhi [India], January 10 (ANI): Prime Minister Narendra Modi said that people misunderstand the meaning of, "minimum government, maximum governance". He said that the efforts must be to increase the speed of work done by government departments and thus, he had made different ministries for skill, cooperatives, and fisheries. Speaking in a podcast with Zerodha Co-founder Nikhil Kamath, PM Modi said that the government took away 40,000 compliances to increase the speed of work in different departments. "We often misunderstand the concept of minimum government, maximum governance. Some bel ...Read More >
Tirupathur (Tamil Nadu) [India], June 27 (ANI): Tamil Nadu Chief Minister MK Stalin on Friday launched a sharp attack on the Centre and the BJP-AIADMK alliance, accusing them of attempting to divide the people of the state along the lines of religious and caste. Speaking to mediapersons in Tirupathur district, CM Stalin alleged that BJP, which has aligned with AIADMK, was engaging in 'fake spirituality and political drama' to create division in the state. 'Those in the Centre are trying to divide the people of Tamil Nadu in the name of religion, caste, etc., and they are doing this continuous ...Read More >
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 >
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 >
Nainital (Uttarakhand) [India], June 7 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami inaugurated and laid the foundation stone of 27 development projects of Nainital district worth about 126 crore 69 lakhs in a program organised at Lalkuan, Nainital on Saturday. These projects include schemes related to education, road, medical, irrigation, sewerage, urban development, beautification and destitute cow protection. During this, 9 schemes were inaugurated at a cost of 25.93 crores and foundation stone were laid for 18 schemes at a cost of 100.76 crores. The Chief Minister said in his ad ...Read More >
Hyderabad: The RGIA police arrested one Satyanarayana for alleged involvement in an international human trafficking racket being run in the guise of a gold business, on Saturday. Satyanarayana was attempting to courier rolled gold jewellery samples to an agent in Muscat in Oman, RGIA Inspector Balaraju said. The arrest was followed by a complaint from one Lankapally Mary from West Godavari district, who lodged a complaint with the RGIA police two days back. In her complaint, Mary said that she was intending to go abroad for work when she came across Satyanarayana in August 2023. He promised ...Read More >
DHARMAPURI: For the third time in the past two months, a wild leopard wandered into a private farmland near Valaithottam village near Palacode and hunted chicken raised by a local farmer. Locals are increasingly distressed and urged the forest department to take steps to relocate the leopard. Over the past few months, there have been several reports of leopard sightings in forest areas near Palacode, particularly in Valaithottam village, near the forest's fringe. There have been two instances when the leopard attacked farmlands, taking away a domestic dog and a chicken. On Saturday, the leop ...Read More >
New Delhi: The Association for Democratic Reforms (ADR) has filed a public interest litigation (PIL) in the Supreme Court challenging the Election Commission of India's (ECI) recent directive mandating large sections of voters in Bihar to furnish proof of citizenship in order to remain on the electoral rolls. Filed under Article 32 of the Constitution, the petition seeks to quash the ECI's June 24 order initiating a Special Intensive Revision (SIR) of electoral rolls ahead of the upcoming Assembly elections in Bihar. The plea argues that the directive violates constitutional provisions inclu ...Read More >
New Delhi, [India], July 5 (ANI): Nehal Deepak Modi, the brother of fugitive diamantaire Nirav Modi, allegedly played a crucial role in laundering proceeds of crime in the high-profile Rs 13,000 crore Punjab National Bank (PNB) fraud case as well as actively involved in the "disappearance and concealment of assets" and "destruction of evidence", officials said on Saturday. Also Read | Mumbai Ranked Among '100 Best Food Cities in the World' in TasteAtlas List; Six Indian Cities Make the Cut. The revelation comes after Nehal Modi was arrested in the United States on the basis of an extradition ...Read More >
JALANDHAR: The family of 25-year-old Balwinder Singh, a US-bound youth traversing the donkey route who escaped from the clutches of human traffickers in Colombia's jungles, has approached Rajya Sabha member Baba Balbir Singh Seechewal to help his return to India.They have provided videos of the torture meted out by the traffickers upon three other men from Punjab and Haryana. Seechewal's office has forwarded these videos to Kapurthala police, as the family submitted a complaint for action against four local agents.Balwinder had left home for the US a year ago. According to his mother Shinder K ...Read More >
New Delhi [India], July 12 (ANI): Tomy Thomas, husband of Nimisha Priya, the 37-year-old Indian nurse from Kerala who faces execution in Yemen on July 16 after being convicted of murder in June 2018, informed about the ongoing efforts to save her life. Thomas met with the Kerala Governor, Rajendra Arlekar, recently, who offered support to Nimisha's mother through video conferencing. According to Thomas, the Central government, the State government, and the Ministry of External Affairs (MEA) are making efforts to secure Nimisha's release. While speaking to ANI, Thomas said, 'I am in contact w ...Read More >
New Delhi [India], June 5 (ANI): Silver prices on Thursday, crossed USD 35 mark per ounce and hit its highest level since March 2012, boosted by a combination of factors such as weaker US dollar, rising geopoltical tension and robust industrial demand. 'With the trust in dollar decreasing silver appears to be a good avenue for money to move to and the Gold Silver ratio was recently above 1.10 so the only way forward was either silver prices rise up or gold prices fall, and thats what has happened silver has risen far more than gold,' said Mrinesh Jain Director, Bombay Bullion Metal Hub LLP. ...Read More >
Sharmistha Panoli, a law student, faced arrest over a controversial social media video. The video sparked outrage for allegedly insulting a religious community. Despite an apology, legal action followed. Kolkata Police arrested Panoli in Gurugram. A Kolkata court initially remanded her to judicial custody. Now, the Calcutta High Court has granted her interim bail.The Calcutta High Court on Thursday granted interim bail to influencer Sharmistha Panoli, arrested for allegedly posting video on socia ...Read More >
The victim, who originally hails from Delhi and is currently residing in the Kharadi, had created a profile on the matrimony site seeking a prospective bridegroom. In 2023, she received a message claiming to be Dr Rohit Oberoi, an Australian citizen of Indian origin. Over time, the duo developed a close relationship. The accused visited her in Pune and other cities in India, further gaining her trust. The victim had previously received ₹5 crore as alimony after a divorce and was planning to st ...Read More >
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 >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
Kolkata (West Bengal) [India], June 6 (ANI): Law student Sharmistha Panoli, arrested for allegedly hurting religious sentiments through a social media post, has been granted interim bail by the Calcutta High Court on Thursday. The court directed her to cooperate with the investigation, not leave the country, and furnished bail on a personal bond of Rs 10,000. The court also ordered appropriate police protection for her. Also Read | Goa: Man Held for Trying to Trade Sensitive Data Online Using Cryptocurrency Transactions. Her father, Prithviraj Panoli, expressed relief, citing her health iss ...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 >
The Dalai Lama has turned 90, surrounded by thousands of followers who came to the Himalayan town of Dharamshala. The spiritual leader of Tibetan Buddhism has been living in exile there since fleeing Chinese rule in 1959. Sitting before a packed audience that included hundreds of red-robed monks and nuns who braved unrelenting rain to see him, he said: "When I look back on my life, I see that I have not wasted it at all." "I live my life in the service of other sentient beings," he added. Rec ...Read More >
Hyderabad: The Hyderabad Narcotics Enforcement Wing (H-NEW) team has apprehended four foreign nationals, including two Nigerians and one each from Tanzania and Sudan, who were illegally residing in India even after their visas had expired. Police arrested Maxwell Anthony Izuchukwu (29) and Chinaza Nnanna Vivian alias Ibrahim Niasha (38), both from Nigeria, Mwajuma Almasi Masisila (30) from Tanzania, and Ahmed Hamid Abujabr Hamid (27) from Sudan. According to police, Mwajuma Almasi Masisila, a native of Tanzania, came to Banjara Hills, Hyderabad, India, on a tourist visa. She has associations ...Read More >