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: Three Nigerian women were arrested and 7kg and 2kg of premium methamphetamine were seized at Kempegowda bus terminal (Majestic) and Kempegowda International Airport, respectively, during a three-day operation.Narcotics Control Bureau said in a press release, "The initial seizure involved 7kg of methamphetamine, which was transported from Delhi to Bengaluru through Mumbai by one of the accused women. She travelled with a child as a strategy to appear inconspicuous. Subsequently, authorities arrested another African woman who was responsible for arranging the illegal substances. The subsequent operation yielded 2kg of methamphetamine. The substance originated from Delhi, was packaged in west Delhi and hidden in the luggage of an African woman travelling to Bengaluru on a domestic flight. Further investigation revealed the suspects entered India through student and tourist visas. After their expiry, they created a false identity using a counterfeit passport with different nationality details to avoid detection by law-enforcement agencies."
Bengaluru: In a significant milestone for Bengaluru's public transport system, the Bengaluru Metro Rail Corporation Limited (BMRCL) registered its highest-ever single-day ridership on June 4, with a record 9,66,732 commuters utilizing Namma Metro services. The achievement highlights the growing reliance on the metro as the city's primary mode of travel. The surge in passenger numbers was witnessed across various metro lines, with Line 1 accounting for 4,78,334 commuters and Line 2 seeing a ridership of 2,84,674. The Kempegowda Interchange Station (KGWA) at Majestic, one of the city's busiest ...Read More >
Bengaluru: Days after Russian woman Nina Kutina was taken into custody for living in a cave inside the forest near Gokarna with her two daughters, her ex-husband, an Israeli citizen, is demanding shared custody of their daughters."I just want to be able to see my daughters a few times a week and take care of them. My concern is that if they go to Russia now, it will be tougher to keep in touch with them. I wish they could stay in India," Goldstein said on Wednesday.Dror Goldstein, 38, who lives f ...Read More >
Berlin/New Delhi: Germany has introduced a visa that allows people from outside the European Union (EU), including Indians, to live and work in the country as freelancers for up to one year. Known as the Freelance Visa or Freiberufler visa, it is designed for self-employed professionals such as writers, designers, consultants and artists. The visa can later be extended for up to three years if the individual continues to meet the necessary requirements. It offers a chance to explore Germany's culture and economy while working independently. The Freelance Visa is part of Germany's larger visio ...Read More >
Kolkata, August 3: The money trail of the deposits accumulated in the two bank accounts of Santa Paul, the arrested Bangladeshi model from Kolkata, is currently under the scanner of the Kolkata Police. Sources said the investigating officials are also thoroughly examining the inward and outward remittances from these bank accounts to find out whether fictitious transactions were made through them. At the same time, city police insiders said, the investigating officials are also probing the source of funds for purchasing the four luxury cars that are registered in the names of the arrested Ban ...Read More >
New Delhi: Delhi Police's Crime Branch has busted a visa fraud racket operating from south Delhi's Zamrudpur, arresting three men for allegedly duping foreign job seekers. The accused -- Deepak Pandey (33), Yash Singh (23), and Wasim Akram (25) -- posed as representatives of a global outsourcing company handling visa, passport, and consular services. They allegedly extorted large sums of money by issuing fake appointment letters and visas. The case came to light after a consultant from VFS Global ...Read More >
In a post on X, Gogoi wrote, "Reading about the Golden visa in Dubai. It is a long-term residence visa which enables investors to live in the United Arab Emirates." The controversy stems from claims made by All India Congress Committee (AICC) Media and Publicity Department Chairman Pawan Khera, who alleged that documents suggested that Sarma's wife holds multiple active passports, raising questions over possible violations of Indian law. The issue gained traction after senior Congress leader Pa ...Read More >
Guwahati (Assam) [India], April 6 (ANI): Assam Chief Minister Himanta Biswa Sarma said that confirmation has been received that the Dubai passport mentioned in allegations made by Congress leader Pawan Khera is "fake", as he informed about an ongoing inquiry into claims regarding multiple passports linked to his wife. Speaking to the media on Sunday, Sarma said that the Dubai government has confirmed and the Indian government has reconfirmed that the passport in question is "fake," dismissing the allegations against his wife, stating that the photograph used in one of the passports is not 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 >
Pune, Sep 30 (PTI) Pune-based gangster Nilesh Ghaywal has managed to secure a passport and visa and travel abroad despite facing multiple serious criminal cases, prompting police to launch a probe into the matter, officials said. A Look Out Circular (LOC) had been issued against Ghaywal, believed to be abroad currently, even as he faced fresh criminal charges in a road rage case in which a man was shot at by five to six of his associates in Pune, police said on Sunday. "We have already issued an LOC against Ghaywal and now we are probing how he managed to obtain a passport despite having mul ...Read More >
ISLAMABAD: Indian authorities have confirmed that Sajid Akram, one of the perpetrators of the deadly terror attack at Sydney's Bondi Beach, was an Indian citizen originating from Hyderabad in Telangana. Akram, aged 50, migrated to Australia in 1998 and held an Indian passport at the time of the incident. Telangana Police stated that his radicalisation showed no links to India.The attack on December 14, 2025, targeted a Hanukkah celebration, resulting in 15 deaths and over 40 injuries. Australian officials described it as an ISIS-inspired terrorist act. Sajid Akram was killed during an exchange ...Read More >
Ahmedabad: A 36-year-old resident of Chanakyapuri registered a complaint of cheating, forgery, and forging documents against two visa consultants who allegedly duped the complainant and his wife out of Rs 37.50 lakh after promising to arrange a UK work permit visa. Based on the complaint by a senior executive at a firm in Sanand, Sola High Court police registered a case on Friday under BNS sections 318(4) (cheating, dishonestly inducing the person deceived to deliver any property to any person), 336(3) (forgery, intending that the document or electronic record forged shall be used for the purp ...Read More >
Thiruvananthapuram (Kerala) [India], July 13 (ANI): Kerala Chief Minister Pinarayi Vijayan wrote a letter to Prime Minister Narendra Modi urging him to intervene in the matter related to Nimisha Priya facing the death penalty in Yemen. This comes amid reports of a 37-year-old Indian nurse from Kerala scheduled to be executed on July 16. The trial court convicted her of killing the Yemeni national, a decision that the country Supreme Judicial Council upheld in November 2023. Kindly find enclosed my letter dated March 24, 2025, to the Union Minister for External Affairs. It is learnt from the ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped inside a residential building that caught fire, the DCP said. With the help of police personnel and fir ...Read More >
BENGALURU -- Police in India are trying to piece together the story of a Russian woman who was found living in a cave in the southern state of Karnataka with her two young daughters. Nina Kutina was rescued on 9 July by policemen who were on a routine patrol near Ramteertha hills in the Gokarna forest, which borders the tourist paradise of Goa. Authorities say the 40-year-old and her daughters - six and five years old - do not have valid documents to stay in India. They have been lodged in a detention centre for foreigners near Bengaluru, the state capital, and will be deported soon. Kutina ...Read More >
One of the two men suspected of carrying out a mass shooting at Bondi Beach was originally from southern India but had "limited contact" with his family there, police sources have said. Sajid Akram, who died at the scene in Sydney on Sunday, was originally from the city of Hyderabad, a police official from the Indian state of Telangana said. He had travelled to India just six times since moving to Australia in 1998 and his family "expressed no knowledge of his radical mindset or activities," th ...Read More >
Bhubaneswar (Odisha) [India], April 1 (ANI): Odisha Chief Minister Mohan Charan Majhi on Wednesday inaugurated the new Visa Application Centre operated by VFS Global in Bhubaneswar, marking a significant milestone in enhancing access to international visa services for the people of Odisha. Speaking on the occasion, the Chief Minister highlighted that the establishment of this centre reflects Odisha's growing global connectivity and commitment to citizen-centric services. He noted that such initiatives enhance ease of travel, promote industries & tourism, and support international engagement, ...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 >
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 >
While on patrol last week looking for any tourists who might have gotten stuck in the landslide-prone forests in the southern Indian town of Gokarna, police inspector Sridhar S.R. spotted a statue of a Hindu deity peeking out through the lush green vegetation. Moving closer, he saw makeshift curtains made of red saris that obscured the entrance to a cave. When he looked in, he was surprised to find a woman and two young girls living inside. The discovery on July 9 in Karnataka State set off day ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
PNN New Delhi [India], March 30: If there is one travel destination that is slowly but steadily making its way to the top of the travel wish lists of people around the world, it is Vietnam. The Vietnam tourism boom 2026 is not only a phenomenon driven by the beauty and cost-effectiveness of the destination; rather, it is a phenomenon driven by trust. More travellers today are prioritising safety, and Vietnam is increasingly being recognised as a safest travel destination that doesn't compromise on experience. With international travel picking up pace again, Vietnam sees a surge in foreign to ...Read More >
Officials said the maintenance work will be carried out between Vijayanagar and Attiguppe stations. So metro operations will not run on this section during the scheduled time slot. A temporary disruption in metro services is expected in Bengaluru this Sunday morning, which may impact early commuters and those planning weekend travel across the city. The interruption is linked to scheduled maintenance work, and authorities have advised passengers to plan their journeys accordingly. According to ...Read More >
Bengaluru: Embarrassed again by another untimely outburst -- this time from a cabinet colleague -- chief minister and his deputy DK Shivakumar Friday played down minister KN Rajanna's comments hinting at major political developments in the state post-Sept. The two insisted that there is no rift in the state Congress unit."Minister KN Rajanna only said there may be political developments in the state, but he did not say it is certain to happen. It is better to ignore his remarks," Siddaramaiah said on the sidelines of an event to mark the 516th birth anniversary of Nadaprabhu Kempegowda, widely ...Read More >
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 ...Read More >
Overseas Citizen of India (OCI) cards will now be cancelled if the holder is sentenced to at least two years in prison or named in a charge sheet for an offence carrying a punishment of seven years or more, according to a new government notification. The home ministry announced the change through a gazette notification issued under clause (da) of section 7D of the Citizenship Act, 1955. "An Overseas Citizen of India (OCI) registration shall be liable to get cancelled when a person has been sentenced to imprisonment for a term of not less than two years or has been charge-sheeted for an offen ...Read More >
New Delhi, September 3: A person from minority community including Hindu, Sikh, Buddhist, Jain, Parsi and Christian from neighbouring nations including Afghanistan, Bangladesh and Pakistan, who were compelled to seek shelter in India due to religious persecution or fear of it and entered into India on or before 31st December, 2024 - with or without valid documents including passport or other travel documents, will be exempted from any penal action, said a government notification. The declaration, allowing non-Muslim minority migrants to stay in the country without their passports, has been ma ...Read More >
India brought back 125 citizens from Thailand. They were freed from scam centers in Myanmar. This is part of a larger effort. Over 1,500 Indians have returned through Thailand since March. The Indian Air Force conducted the special flight. The government is working to rescue citizens trapped in Southeast Asia. Indians are warned about job scams and visa misuse. India on Wednesday repatriated 125 of its nationals from Thailand in a military transport aircraft, after they were released from scam centres in Myawaddy in Myanmar, according to the Indian Embassy in Bangkok. With this, a total of 1 ...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 >
Bengaluru, July 12: In a startling discovery, a Russian woman who overstayed her Indian visa by over seven years was found living with her two young daughters in a remote, landslide-prone cave atop Ramatirtha Hill in Karnataka's Gokarna. The woman, 40-year-old Nina Kutina, told police she had come from Goa seeking spiritual solitude and had chosen the forest cave to meditate and live away from urban distractions. According to the NDTV report, the discovery was made on July 9 around 5:00 PM during a routine patrol by Inspector Sridhar SR and his team, who spotted movement near a hazardous area ...Read More >
Bengaluru: Intwo separate crackdowns, the Bengaluru Central Crime Branch (CCB) has arrested three Sri Lankan nationals for illegally staying in the city and busted a drug racket involving two foreign nationals among seven accused. According to police, three Sri Lankan citizens who had entered India illegally in 2024 were taken into custody from an apartment under Devanahalli police station limits. Investigations revealed that the accused had traveled from Jaffna by boat to Rameswaram, Tamil Nadu, and later reached Bengaluru with the help of another foreigner. For over a year, they had been r ...Read More >