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: The Bengaluru Regional Transport Authority (RTA) has announced a revised fare structure for auto rickshaws operating within the city limits. As per the new order, the minimum fare has been increased to Rs 36 for the first 2 kilometres, while passengers will have to pay Rs 18 for every subsequent kilometre. The revised fare will come into effect from August 1. According to the new structure, the first five minutes of waiting time will be free, after which a fee of Rs 10 for every 15 minutes of waiting will be charged. In addition, a luggage charge of Rs 10 has also been fixed. For travel during night hours (10 PM to 5 AM), passengers will be required to pay 50% extra over and above the standard fare. The RTA has also directed that every auto rickshaw must prominently display a fare chart approved by the authority. Additionally, all meters must be recalibrated and re-verified to reflect the new fare structure by August 31. This verification process must be certified and sealed, as mentioned in the official order.
Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a ₹10 lakh insurance policy, ₹1 lakh for daughters' marriages, a biannual ₹2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.Ahead of crucial Delhi assembly polls, Arvind Kejriwal promised several measures for auto dri ...Read More >
Mumbai: The death toll in Monday's BEST bus crash rose to seven and the number of injured to 42 even as the driver, Sanjay More, booked for culpable homicide not amounting to murder, claimed he had noticed a spark and mistakenly accelerated the bus instead of applying brakes. Seeking More's custody, police said they want to investigate if he intentionally used the vehicle as a weapon. The bus on Route 332 had accelerated on a congested 200m stretch near Kurla station hitting vehicles and pedestr ...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 >
Foreign investors put in ₹14,590 crore in the country's equity market in June, marking the third straight month of investment, supported by improving global liquidity conditions, easing geopolitical tensions, and a rate cut by the Reserve Bank of India. However, foreign portfolio investors (FPIs) turned net sellers in July and pulled out ₹1,421 crore in the first week of the month, data with the depositories showed. U.S. tariffs on European goods threaten to shake up world's largest two-way ...Read More >
HYDERABAD: The Commissioner's Task Force (South West Zone), along with Mangalhat Police, arrested two habitual offenders for cheating elderly women using counterfeit currency. Police recovered Rs 20,000 in cash and an auto-rickshaw, with the total seizure valued at Rs 1.2 lakh. The accused were identified as auto drivers Syed Waseemuddin (34) of Yakutpura and Mohd Azam Ali (34) of Vatepally, originally from Amaravati, Maharashtra. Addicted to liquor and other vices, they turned to crime due to poor earnings. They allegedly purchased dummy Rs 500 notes from a Charminar stationery shop. Their ...Read More >
Thiruvananthapuram: Residents are facing mounting transport woes after KSRTC redeployed more than half of its city circular electric buses to inter-district routes. While intended to expand sustainable travel options, the move has left urban commuters grappling with unreliable services and increased costs, directly impacting their daily lives and livelihoods.In 2023, under the Smart City initiative, KSRTC launched 113 electric buses for its city circular network in partnership with the corporation. The buses offered a flat fare of Rs 10 per ride or Rs 150 for a 24-hour pass, providing affordab ...Read More >
Hyderabad: The much-awaited Shilpa Layout Phase 2 flyover is finally open to the public. Telangana chief minister inaugurated the flyover at Gachibowli on Saturday, June 28. Named after late senior Congress leader and five-time MLA P Janardhan Reddy, the 1.2 km-long six-lane bi-directional flyover has been built at a cost of Rs 182.72 crore. Built under the Strategic Road Development Programme (SRDP), the new PJR flyover promises smoother vehicular movement between ORR, Kondapur, Hafeezpet, Hitech City, and the Financial District. Addressing the crowd, CM Revanth stated that more flyovers a ...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 >
Ahmedabad: Gujarat Chief Minister Bhupendra Patel on Wednesday announced ₹4 lakh solatium for the next of kin of the deceased in the bridge collapse in Vadodara. He also announced ₹50,000 for the injured. Of the nine deceased in the tragedy, six have been identified as Vedika Padhiyar, Naitik Padhiyar, Hasmukh Parmar, Ramesh Padhiyar, Vakhtsinh Jadav, and Pravin Jadav. Some of the injured have been identified as Sonal Padhiyar, Narendrasinh Parmar, Ganpatsinh Rajula, Dilipbhai Padhiyar, Raju Dadubhai and Rajesh Chavda. The Chief Minister, in a post on social media platform X, shared that P ...Read More >
Mumbai: Drivers using ride-hailing apps like Ola, Uber, and Rapido have initiated strikes in Mumbai, Pune, and Nagpur to demand improvements in pay and working conditions. The labour action, which began mid-week, has led to approximately 70 per cent of cabs being off the road, creating significant disruption for daily commuters, especially at airports and railway stations where many passengers are stranded. Commuters are experiencing heightened wait times and increased pricing due to fewer cabs available, with significant disruptions reported during rush hours, especially for school runs and ...Read More >
Pune: The Indian Gig Workers' Front on Saturday evening suspended the ongoing strike of cabs and autorickshaws operating on applications till Tuesday, after leaving many commuters, including those arriving at the airport on Saturday morning, hassled. Keshav Kshirsagar, the president of the front, said, "We have a meeting on Tuesday with senior officials of the state transport department. If its decisions don't meet our expectations, the strike will resume." Several commuters had a harrowing experience on roads on Friday and in the early hours of Saturday. Cabs and autos were hard to come by. T ...Read More >
Fancy goats to sheep and more: A look at Kolkata's preparations ahead of Eid-al-Adha A day ahead of Eid-al-Adha, the Muslim festival that celebrates faith, gratitude and giving, Kolkata's goat markets were decked up as preparations for the festival, better known as Bakri Eid, got underway. On Zakaria Street, near the Nakhoda Masjid, was Lablaba Khan, a brown goat with white and black markings. Lablaba Khan's owner quoted a price of Rs 25 lakhs Not just goats, even sheep were being sold near Zakaria Street, with the price being quoted at Rs 45,000 per sheep This goat had a red ribbon tied i ...Read More >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
Guwahati, Jul 15 (PTI) Congress president Mallikarjun Kharge and Leader of Opposition in Lok Sabha Rahul Gandhi will visit Assam on Wednesday during which they will interact with party functionaries of the state. State Congress chief Gaurav Gogoi said the district, block and mandal presidents of the party will be able to present their views before its top leadership during Kharge and Gandhi's visit. Also Read | Did Lucknow Court Judge Take Selfie With Rahul Gandhi During Hearing of Indian Army 'Defamation' Case? BJP's Amit Malviya Found Fake in Fact Check. "I look forward to welcoming Shri ...Read More >
Bhopal, June 5 (SocialNews.XYZ) Madhya Pradesh Chief Minister Dr Mohan Yadav, while expressing profound grief over the death of seven persons in Rewa, has announced a financial support of Rs 2 lakh each to the family of the deceased. He has also announced financial support of Rs 50,000 to each of the injured persons in the accident. He announced the support through his X handle, "Tragedy struck near Sohagi village in Rewa district when a truck carrying cement pillars overturned onto an auto carrying devotees from Nai Garhi, Mauganj district. The group had been returning from Prayagraj after ...Read More >
Mumbai: An auto rickshaw driver, who earns Rs 5-8 lakh per month is garnering peoples' attention due to a unique way, but the catch is, he's earning all this money without driving his vehicle. The auto driver offers a simple 'bag-holding' service to visa applicants just outside the US Consulate. This 'no tech, no formal business plan, and no startup funding' brilliance has netizens lauding the driver's business plan. Rahul Rupani, a product leader at Lenskart, shared the auto driver's story on LinkedIn regarding his experience at the US Consulate. Rahul was outside the US Consulate for his ...Read More >
New Delhi: Employees and workers affiliated with 10 central trade unions went on a day-long strike Wednesday, but essential services remained unaffected. There were reports of the strike impacting a select few services in Kerala, Jharkhand, and Puducherry. The forum has claimed that 25 crore workers are being mobilised for the "general strike" in protest against the new labour codes, along with other issues. All India Trade Union Congress General Secretary Amarjeet Kaur told PTI that the general strike started across the country Wednesday morning and she has received reports and pictures of ...Read More >
The Regional Transport Authority (RTA) of Bangalore Urban District has announced a revision in auto-rickshaw fares within the jurisdiction of the Bruhat Bengaluru Mahanagara Palike (BBMP). The new fare structure, approved after months of discussion and review, will come into effect from 1 August 2025, impacting thousands of daily commuters and drivers across the city. Bangalore Auto-Rickshaw Fare Hike: Minimum Fare Increased to Rs 36, Rs 18 for Each Additional Kilometre Under the revised guidelines, the minimum fare for the first two kilometres of travel in an auto-rickshaw has been increase ...Read More >
New Delhi [India], July 19 (ANI): Seasoned pacer Mohammed Shami, who missed out on a place in India's squad for the England tour, has been named in Bengal's expanded list of 50 probables for the upcoming domestic season, according to ESPncricinfo. Shami could potentially be a part of the East Zone in the season-opening Duleep Trophy, which kicks off on August 28, which could mark his return to competitive cricket. The 34-year-old, who has 64 Tests, 108 ODIs and 25 T20Is appearances under his belt, hasn't featured for India since the Champions Trophy, which concluded in March earlier this year ...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 >
Bengaluru: For millions of people, the sudden, sharp pain of tooth due to sensitivity can turn a sip of cold water into a jolt. Now, researchers at Indian Institute of Science (IISc), in collaboration with Bengaluru-based deep-tech startup Theranautilus, have engineered "CalBots" - magnetic nanobots that can seal the problem at its source.As per IISc, CalBots are 400-nanometre particles loaded with a calcium silicate-based bioceramic formula, designed to travel 500 micrometres deep inside dentinal tubules, the tiny tunnels in the tooth that lead to nerve endings. Guided by an external magnetic ...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 >
Pune was thrown into chaos as cab and auto drivers using app-based services went on strike. Passengers encountered not only increased fares but also instances of violence, making their travel experience perilous. Arguments with passengers and overcharging marred the indefinite strike called by aggregator app-based cab and auto drivers from Friday in the city. Among the worst affected were flyers arriving at the airport and struggling to find further travel options. A woman on her way to a doctor ...Read More >
Ahmedabad, July 20: In a tragic incident that has sent shockwaves through Gujarat, five members of a family -- including three children -- died by suicide in Ahmedabad's Bagodara village by allegedly consuming a poisonous substance, police said on Sunday. The deceased have been identified as Vipul Kanjibhai Vaghela (32), his wife Sonal Vipulbhai Vaghela (26), and their three children: Simran (11), Mayur (8), and Prince (5). Vipul earned a livelihood by driving a rickshaw. The family, originally from Devi Poojak Vas in Dholka's Barkotha area, had been living in a rented house near the Bagodara ...Read More >
Kerala Lottery Result SAMRUDHI SM 12 Results Live: The first winner of today's lottery game- SAMRUDHI SM 12 lottery- takes home Rs 1 crore as a cash prize. The Kerala lottery is one of the most trusted games in the country. Kerala Lottery Result Sunday 20-07-2025: The Kerala lottery is back with another fun game- that may lead you to win Rs 1 crore! The results for today's Kerala lottery games- SAMRUDHI SM 12 Sunday- are announced. The Kerala lottery results are announced here, so people with tickets for today's game can stay in touch with this live blog. Samrudhi Lottery Series: MN, MO, MP, ...Read More >
MUMBAI: The long-pending automated Mass Rapid Transit System (MRTS) at Bandra Kurla Complex (BKC) -- popularly known as the pod taxi project -- has received clearance from the Maharashtra Coastal Zone Management Authority (MCZMA), the state body tasked with safeguarding the coastal environment. Estimated at ₹1,016.34 crore, the project is slated for completion within three years, and aims to enhance last-mile connectivity to the business hub, catering to an estimated 400,000 to 600,000 daily commuters. While the initiative promises to ease transportation challenges, it raises concerns about i ...Read More >
Mumbai (Maharashtra) [India], August 14: Medulla Communications Pvt. Ltd., one of the world's most awarded healthcare-specialist advertising agencies, has announced the launch of its new hub in Singapore. With over 15 years of experience in solving complex healthcare challenges, Medulla is now looking to create a super-specialist category as the first digital healthcare advertising agency in Asia. New Hub to Deliver Scalable, Specialist Healthcare Marketing Solutions Across APAC. Also Read | New Cheque Clearing System: Banks To Clear Cheques Within Few Hours Starting October 4, Announces RBI. ...Read More >
Bengaluru, December 11: Flipkart-subsidiary Myntra was recently cheated by fraudsters who allegedly stole over one crores rupees this year during March and June. The scammers attacked the e-commerce company by exploiting some loopholes related to the Myntra policy and looted the money. The firm reported a loss of INR 1.1 crore in Bengaluru and INR 50 crore nationwide as the scammers abused the complaints and refund options. According to the reports, the crooks who ran the Myntra refund scam were traced back to Jaipur, Rajasthan. Most of them ordered expensive products online, such as branded ...Read More >
Ranchi: The Siromtoli flyover, inaugurated on Thursday by chief minister Hemant Soren amid protests by various tribal outfits to demolish the flyover's ramp in front of the Kendriya Sarna Sthal, has become a popular spot among motorists and citizens alike. The newly built structure has not only eased traffic congestion but also significantly reduced the travel time for commuters. Motorists are eager to try a ride over the new flyover, which connects the Mecon roundabout to Siromtoli via the Rajendra Chowk. Many of them were seen clicking selfies on the flyover.When TOI took a ride on the flyov ...Read More >
Bengaluru, June 29 (PTI) Karnataka Transport Minister Ramalinga Reddy has directed the Transport Commissioner to take strict action against app-based and other autorickshaws in Bengaluru that charge fares above the government-fixed rates, calling the practice a "daylight robbery". The minister said permits of such autos should be cancelled and cases registered against the violators. "If there is a complaint from passengers about overcharging, cancellation of the journey if the higher fare is not paid, immediate action should be taken and the permit of such autos should be cancelled and a cas ...Read More >