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.
Lucknow: The Unique Identification Authority of India (UIDAI) has stressed the need for parents to complete the Mandatory Biometric Update (MBU) for children aged 7 who haven't updated their Aadhaar biometrics.This is a standard requirement, and updates can be done at any Aadhaar Seva Kendras or designated centres. For children under 5, Aadhaar enrolment includes a photograph, name, date of birth, gender, address and proof documents, but not fingerprints or iris scans, as these biometrics are not fully developed."At the age of 5, the first MBU is required to capture fingerprints, iris, and an updated photo. This update is free if completed between ages 5 and 7. After 7 years of age, a fee of Rs 100 is applicable," said official source.Timely MBU completion ensures the accuracy and reliability of biometric data, preventing potential deactivation of the Aadhaar number if not updated post-7.Updated Aadhaar biometrics enable seamless access to services like school admissions, entrance exams, scholarships and Direct Benefit Transfer schemes. UIDAI is sending SMS reminders to registered mobile numbers to prompt parents to complete the MBU."Parents are urged to prioritise this update to maintain their child's Aadhaar functionality and support ease of living," added source.
New Delhi, Nov 26: A day after the Cabinet Committee on Economic Affairs approved the PAN 2.0, the Income Tax Department on Tuesday issued a detailed clarification on the project based on a list of 11 frequently asked questions (FAQs) to provide taxpayers with a deeper insight into the new system. 1. What is PAN 2.0? PAN 2.0 Project is an e-Governance project of the Income Tax Department for re-engineering the business processes of taxpayer registration services. The objective of the project is to enhance the quality of PAN services through the adoption of the latest technology. Under this pr ...Read More >
Mumbai (Maharashtra) [India], January 8 (ANI): The anti-terror squad (ATS) of Maharashtra has arrested 60 illegal Bangladeshi immigrants across the entire state in the year 2024. In December 2024 alone, the ATS managed to arrest 43 Bangladeshi nations residing illegally. In 2025, to date, four cases have been filed against the illegal Bangladeshi nationals and six accused have been arrested. Most Bangladeshis have been arrested from Mumbai, Navi Mumbai and Thane. Also Read | PM Narendra Modi To Inaugurate, Lay Foundations for Projects Over INR 2 Lakh Crore in Andhra Pradesh's Visakhapatnam T ...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 >
Imphal: In a significant move aimed at ensuring accurate Aadhaar data for children and adolescents, the Office of the Deputy Commissioner of Imphal West District in Manipur has issued a notification mandating the update of Aadhaar biometrics upon attaining 5 and 15 years of age. The order, signed by Mayanglambam Rajkumar Singh, Deputy Commissioner of Imphal West, underscores the urgency of completing biometric updates to avoid duplication, enable APAAR generation, and streamline access to educational and welfare services. Ready for a challenge? Click here to take our quiz and show off your k ...Read More >
New Delhi [India], July 5 (ANI): India has emerged as one of the most equal societies globally, with a Gini Index of 25.5, according to the latest data from the World Bank. Ranking fourth worldwide in income equality, India now stands just behind the Slovak Republic, Slovenia, and Belarus. "It reflects how India's economic progress is being shared more evenly across its population. Behind this success is a consistent policy focus on reducing poverty, expanding financial access, and delivering welfare support directly to those who need it most," a release from the Social Welfare said. The Gi ...Read More >
In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...Read More >
day after the Cabinet Committee on Economic Affairs approved the PAN 2.0, the Income Tax Department on Tuesday issued a detailed clarification on the project based on a list of 11 frequently asked questions (FAQs) to provide taxpayers with a deeper insight into the new system. PAN 2.0 Project is an e-Governance project of the Income Tax Department for re-engineering the business processes of taxpayer registration services. The objective of the project is to enhance the quality of PAN services through the adoption of the latest technology. Under this project, ITD is consolidating all processes ...Read More >
Hyderabad: Tecno has launched the new Pova Curve 5G smartphone in India. Starting at Rs 15,999, the new lower-midrange device is the first in its segment to offer AI with Indian language support. The Tecno Pova Curve 5G features a 7.45mm curved frame with a 55-degree curvature for improved in-hand feel, an Intelligent Signal Hub System for better connectivity in low-signal areas, and a 5,500mAh battery with support for 45W fast charging. Let's take a detailed look at the smartphone. Tecno Pova 5G price in India The Tecno Pova Curve 5G arrives in two RAM models. The 6GB RAM + 128GB storage va ...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 >
Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls are scheduled later this year. "We are trying hard so that the Prime Minister can spare some time ...Read More >
With the deadline for free Aadhaar updates approaching on December 14, 2024, the UIDAI is urging those who received their cards over 10 years ago to update their details. However, updating is recommended, it is not mandatory. To prevent fake identities, Aadhaar assigns a unique number to each person, linked to their biometric data, making duplication impossible. Although updating is optional, it helps improve services, ensures accurate authentication and simplifies daily life. Aadhaar is a vital identification document for every Indian citizen due to its reliability, legal compliance, and ea ...Read More >
After December 14, updates will incur a fee of Rs 50 per request at Aadhaar centers. The Unique Identification Authority of India (UIDAI) has extended the deadline for free Aadhaar updates to December 14. This initiative allows individuals to update their Aadhaar details, such as name, address, or date of birth, online and at no cost. The process is simple and can be completed from the comfort of your home. UIDAI recommends updating Aadhaar details if it has been over 10 years since the last update. Keeping Aadhaar information updated ensures that your records are current, facilitates seamle ...Read More >
New Delhi, June 5 (SocialNews.XYZ) Aadhaar number holders executed over 211 crore authentication transactions in May this year taking the cumulative number of such transactions to more than 15,223 crore since inception, according to a statement issued by the Ministry of Electronics & IT on Thursday. The May authentication transactions are more than the previous month, as well as of May 2024 when 201.76 Cr such transactions were carried out. The growing number shows, how Aadhaar-based authentication has been playing a facilitating role in effective welfare delivery, and voluntarily availing v ...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, 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 >
New Delhi [India], July 1 (ANI): Following the Union Cabinet's approval of the Employment Linked Incentive (ELI) Scheme to support employment generation, former secretary of the Ministry of Labour and Employment, Sumita Dawra, said that the scheme is expected to generate over 3.5 crore jobs. The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the Employment Linked Incentive (ELI) Scheme to support employment generation, enhance employability and social security across all sectors, with special focus on the manufacturing sector. Speaking to ANI about the scheme, fo ...Read More >
Noida, Jul 4 (PTI) Police arrested three accused on Friday night for allegedly 'digitally arresting' a elderly woman advocate living in the Gautam Buddha Nagar district of Uttar Pradesh and defrauding her of more than Rs 3.29 crore, an official said. According to an official of the Cyber Crime Police Station, Hemantika Vahi, in her complaint filed on Tuesday, alleged that on June 10, she received a phone call where the caller informed that that four bank accounts had been opened using her Aadhaar card and a case had been filed in this regard. ...Read More >
New Delhi: Farmers associated with the PM Kisan Samman Nidhi Yojana are now eagerly waiting for the 22nd instalment of ₹ 2,000. Everyone is wondering when the next instalment will be credited to the account. It is expected that the government will release the next instalment of the PM Kisan Samman Nidhi Yojana in the last week of June, which is being discussed rapidly. It is believed that approximately 10 crore farmers will benefit from this. If your name is listed in this scheme, then first complete some vital work, where there will be no problem. If you do not complete the necessary work, t ...Read More >
Mumbai, July 1: Recently, the Bombay High Court ordered Yes Bank to pay INR 50,000 to compensate Microfibers Pvt Ltd for delaying opening a bank account after insisting on an Aadhaar card. It is learned that the private bank insisted on an Aadhaar card despite the interim relief granted by the Supreme Court at the time. Although the private bank had complied and opened the account in January 2019, the bench of Justices MS Sonak and Jitendra Jain said that they had failed to do so between April and September 2018, a period during which Aadhaar was not mandatory. The Bombay HC made these observ ...Read More >
Guwahati: Manipur has established stringent protocols for issuing Aadhaar cards to adults, implementing comprehensive authentication processes and enhanced security protocols under which each adult Aadhaar application has to be mandatorily scrutinised and approved only at the level of state headquarters at the office of the special home secretary.State home commissioner N Ashok Kumar issued a statement noting, "One of the UIDAI officials present at the meeting (chaired by the governor at the Raj Bhavan) observed that Manipur's adult Aadhaar process is perhaps the most stringent in the country. ...Read More >
Bengaluru techie suicide: Bollywood actress and BJP MP Kangana Ranaut has courted controversy once again with her remarks on the suicide of Bengaluru techie Atul Subhash, whose tragic death has shocked the nation. While expressing her condolences, she also blamed men for most issues in marriages, sparking a fresh debate. Atul Subhash, a 34-year-old software professional from Uttar Pradesh, was found hanging in his residence in Bengaluru's Manjunath Layout area. In a viral 80-minute video and a 24-page death note, Subhash accused his wife, her family, and a judge in Uttar Pradesh of harassment ...Read More >
123 Guwahati: Assam's chief minister Himanta Biswa Sarma on Friday said the govt was evaluating comprehensive changes to the Aadhaar registration process for adults, where by district deputy commissioners will be the sole authority for processing Aadhaar cards as part of the govt's plans to identify illegal migrants from Bangladesh.This is a departure from the usual practice of utilising seva kendras or external agencies for Aadhaar cards that is prevalent across other regions in India.Sarma said that illegal Bangladeshi foreigners, who are mostly adults, will find it difficult to get Aadhar c ...Read More >
Imphal, Jul 2 (PTI) Former Manipur Chief Minister N Biren Singh on Wednesday asserted the urgent need for strict verification mechanisms and close coordination between Aadhaar issuing authorities, ILP enforcement agencies, and local administrative bodies to ensure that identity documents are issued only to those who are rightfully entitled. In a post on X, Singh wrote: "I appreciate the enhanced measures undertaken by the State Government to strengthen and streamline the Aadhaar issuance process in Manipur. These efforts are critical to safeguarding our integrity and identity." Also Read | H ...Read More >
New Delhi: Aadhar cardholders are also facing the threat of cyber fraud, for which protection is needed. Many such cases have come to light when someone else has taken a loan on your Aadhar card, without even getting a clue. People are taking out fake loans by misusing Aadhaar cards, which directly cheats them. If this happened to you too, then you need to be careful in future. Has anyone taken a loan on your Aadhar card in a fake way? Sometimes you only find out after receiving a notice from the bank. Therefore, you can easily obtain the loan information on your Aadhaar card. Aadhaar cardhol ...Read More >
New Delhi, July 02: The Union Ministry of Road Transport and Highways has announced a comprehensive overhaul of cab and bike aggregator operations in India through the Motor Vehicle Aggregator Guidelines 2025. These new rules apply to companies like Ola, Uber, and Rapido, and are aimed at improving transparency in pricing, enhancing passenger safety, protecting driver rights, and introducing accountability measures for both riders and service providers. One of the most significant changes is that the government has allowed the use of private motorcycles for passenger rides, subject to approva ...Read More >
Pune: Passengers on board a Goa to Pune SpiceJet flight (SG-1080) had a scare on Tuesday evening when a window panel was found dislodged while the plane was mid-air.The airline played down the incident, saying the window part that had come off was "a non-structural trim component, fitted onto the window for the purpose of shade".But a person on board the plane -- a Bombardier Q400 -- told TOI the incident triggered anxiety among the passengers. "Two to three layers of the window panel just came off," said Aatish Mishra, the passenger."There was no depressurization, but this shouldn't have happ ...Read More >
NEW DELHI: The Enforcement Directorate (ED) on Thursday announced the provisional attachment of assets worth approximately ₹131.45 crore in Spain, including a luxury yacht and immovable properties, under the Prevention of Money Laundering Act (PMLA). These assets belong to Pavel Prozorov, a Spanish national and the alleged mastermind behind the unauthorised forex trading platform OctaFX. The attached assets comprise a commercial Italian-model luxury yacht cruising in the Western Mediterranean, a minijet boat, a luxury car, and two residential properties in Spain. The ED's probe was launched ...Read More >
Srinagar- A local court in Jammu and Kashmir on Friday dismissed a case of Model Code of Conduct (MCC) violation filed against PDP leader and MLA Waheed-Ur-Rehman Parra in connection with a roadshow he held during last year's Lok Sabha elections in Pulwama district. The case, registered under Section 188 of the Indian Penal Code (IPC), was dismissed by Additional Special Mobile Magistrate Awantipora, Muneer Ahmad Bhat, who ruled that no cognisance of the offence could be taken due to procedural lapses in the chargesheet. Parra, the PDP candidate from Srinagar parliamentary constituency, was ...Read More >
Mumbai, July 5: A 32-year-old ATM operator was arrested on Thursday, July 3, for allegedly misappropriating INR 1.9 crore meant for refilling ATMs across Navi Mumbai. A case has been registered against the accused under relevant sections of the Bharatiya Nyaya Sanhita (BNS). According to the Hindustan Times report, the accused, Dhanraj Jitendra Bhoir, was employed by a private cash management firm and assigned to replenish ATMs in Kamothe, Kalamboli, and Kharghar. Between February 23 and June 30, Bhoir allegedly siphoned off a portion of the cash during each refill operation. Digital Arrest S ...Read More >
New Delhi: The month of July is going to start after a few hours, which will prove to be very important for common people as well as special people. Many big changes are going to be implemented across the country from July 1, 2025. The effect of the new rules will be seen from credit card users to LPG users. Apart from this, it will also affect the railway passengers. Users using credit cards of banks like HDFC Bank, SBI are expected to get a big shock. The new order of CBDT for PAN card application will come into effect from the first date. Before the new month starts, you can learn about fi ...Read More >