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.
Salem: A 16ft tall bronze statue of former chief minister and DMK patriarch the late M Karunanidhi at Anna Park here was defaced by unidentified miscreants, who splashed black paint on it, on the intervening night of Monday and Tuesday.According to an official source, it was the visitors to the park who first found the statue defaced with black paint on Tuesday morning and alerted police.A team of police, headed by assistant commissioner K M Aswini, visited the spot immediately and initiated an inquiry into the incident. Aswini said they were reviewing CCTV footage collected from the locality to zero in on the suspects.The CPM, meanwhile, condemned the act and urged police to nab the miscreants who defaced the statue of Karunanidhi and punish them. The party also sought police to probe the possible intention to disrupt law and order with the act.Mutharasan, state CPI secretary, said the statue of esteemed Tamil scholar Kalaignar, who was greatly revered by the people of Tamil Nadu, was unveiled at Anna Park just a year ago. "We condemn the act (of defiling the statue)."He said the Sangh Parivar, known for saffronising politics in recent years, was implicated in similar acts in the state in the past. "After saffronising the statue of Valluvar, who authored the world-renowned Thirukkural, and vandalizing the statues of prominent leaders like Periyar, Ambedkar and MGR, they now seem to be targeting the statue of Kalaignar. This has caused significant unrest in Tamil Nadu and is seen as a political maneuver. This is nothing but a lowly political conspiracy."He called on the state govt to apprehend everyone responsible for the act and ensure stringent action against them.
New Delhi [India], December 12 (ANI): The National President of Aazad Samaj Party (Kanshi Ram) on Thursday criticised the ruling Mahayuti government in Maharashtra over the violence in Parbhani city, alleging that the unrest was a result of the state government's negligence and an insult to the Constitution. Speaking to ANI, Azad announced plans to launch a protest against the violence. "The negligence of the state government and the way the Constitution of India was insulted have caused this outrage. On the instructions of the government, the police lathi-charged supporters of Baba Saheb Am ...Read More >

Berhampur (Odisha), Jun 6 (PTI) Environmental activist Medha Patkar on Saturday appealed to the people of Odisha for protection of Rushikulya river. The government planned to construct a dam in the river Pipalapnaka under Sorada block in the district. While participating in the Save Rushikulya river movement in Ganjam district, she said, "Rivers may be small or big, but they are our mother. We have to protect the rivers from attacks." She attended a meeting were organised by the Rushikulya Banchao Kriyaanusthan Committee (RBKC) and the Centre for Climate Justice, spearheading the agitation a ...Read More >
Kottayam: Chief Minister Pinarayi Vijayan said Kerala and Tamil Nadu have always supported each other, establishing a model of cooperative federalism. He said that when rights of states are being encroached upon, such cooperation should be extended among others. Tamil Nadu Chief Minister MK Stalin and Vijayan inaugurated the Thanthai Periyar Memorial and Library in Vaikom in Kerala on Thursday, marking a significant occasion in the commemoration of the legacy of social reformer Periyar E.V. Ramasamy. Several key political leaders from both Tamil Nadu and Kerala, underscored the longstanding ...Read More >
TNCC president K Selvaperunthagai described the passing of Elangovan as "a huge loss". Senior Congress leader and former Union Minister E V K S Elangovan died due to age-related ailments at a private hospital here on Saturday, the hospital said. He was 75. The legislator from Erode East constituency has not been keeping well for over a month. He was admitted to a hospital here on November 11. "He passed away today despite the best efforts of the medical staff," the hospital said. TNCC preside ...Read More >
Chennai: In a bid to strengthen the organizational infrastructure of the Tamilaga Vetri Kazhagam (TVK) and to develop a robust campaign machinery, the party's founder president Vijay announced the names of 17 new key office-bearers for various wings with Adhav Arjuna, former deputy general secretary of the VCK, becoming the general secretary for campaign management on Friday. Apart from Adhav Arjuna, another known political leader who had been co-opted by Vijay is C T R Nirmal Kumar, a former BJP leader who switched over the AIADMK and has now landed in the TVK as deputy general secretary for ...Read More >

CHENNAI: Congratulating A Rajeshwari, a Malayali tribal girl from Karumandurai, a village in the Kalvarayan Hills, who secured an all-India rank of 417 under the Scheduled Tribe category in JEE Advanced, Chief Minister MK Stalin on Thursday announced that the state will bear the entire expenses for her higher studies. TNIE was the first to report the story The CM, in a post on his X handle, said, "I salute Rajeshwari, a student of the government residential school, for realising her father's dream even after his death. More girls like Rajeshwari joining the IIT will be a real source of pride ...Read More >
CHENNAI: Senior BJP leader H Raja has been sentenced to six months imprisonment in two separate cases relating to his derogatory comments against DMK MP Kanimozhi and threatening to raze down the statues of rationalist leader Periyar (EV Ramasamy). Additional special court for cases relating to MP/MLAs G Jayavel pronounced the orders convicting and sentencing him in the cases registered by the Erode district police based on complaints lodged by DMK and Thanthai Periyar Dravidar Kazhagam (TPDK) following his derogatory comments made in against Periyar and Kanimozhi in 2018 through his Twitter ...Read More >
New Delhi: In a significant ruling, the Supreme Court has directed that no new lawsuits related to places of worship (temples, mosques, or shrines) can be filed until further notice. This decision was made during the ongoing hearing of petitions challenging the Places of Worship (Special Provisions) Act, 1991. The ruling prohibits the lower courts from issuing any survey orders or interim orders that might alter the status or nature of any religious site. The bench, comprising Chief Justice Sanjiv Khanna, Justice Sanjay Kumar, and Justice K.V. Vishwanathan, issued this order while hearing sev ...Read More >

Thiruvananthapuram, Jun 5 (PTI) The presence of a Bharat Mata portrait, allegedly associated with RSS shakhas, at a World Environment Day event at the Raj Bhavan on Thursday led to the state government boycotting the programme, prompting Governor Rajendra Vishwanath Arlekar to assert that there would be no compromise on Bharat Mata. Kerala Agriculture Minister P Prasad, who boycotted the event, said that the state government respects Bharat Mata, but using an image commonly associated with RSS shakhas for an official function at Raj Bhavan is unconstitutional. While the Raj Bhavan went ahead ...Read More >

Thiruvananthapuram, Jun 6 (PTI) The Kerala Government's decision to change Bakrid holiday triggered a political row in the state on Friday with the Indian Union Muslim League (IUML) accusing it of attempting to implement "communal agenda and fascism" in the state. Originally Friday (June 6) was marked as holiday for Bakrid. However, following the reports that the festival would be celebrated on Saturday across the state, on Thursday, the Kerala government announced that Saturday, June 7, will be a public holiday for Bakrid. As per the change, government also declared that June 6 (Friday) wou ...Read More >

Chennai (Tamil Nadu) [India], June 6 (ANI): Makkal Needhi Maiam (MNM) President and Actor Kamal Haasan filed his nomination for Rajya Sabha at the Tamil Nadu secretariat in the presence of DMK President and state Chief Minister MK Stalin and his Deputy Udhayanidhi Stalin. DMK allies, VCK leader Thirumavalavan, MDMK leader Vaiko, and Tamil Nadu Congress President Selvaperundagai were also present. With DMK allocating one Rajya Sabha seat to Makkal Needhi Maiyam, its founder and actor Kamal Haasan was earlier named the candidate for the Upper House of Parliament. In the 234-member Tamil Nadu ...Read More >
Guwahati, Dec 12: The Union Cabinet on Thursday approved the "One Nation, One Election" bill, a landmark proposal aimed at synchronising elections across the country. Assam Chief Minister Himanta Biswa Sarma, currently on a visit to Odisha, hailed the move as a significant step toward "minimising disruptions" to developmental work caused by frequent election cycles. Speaking to the press during a visit to Jagannath Temple in Puri, Sarma asserted the rationale behind the initiative, stating, "Recently, we held Lok Sabha elections, and now legislative elections are around the corner in Assam. ...Read More >
Kottayam (Kerala), Dec 12 (PTI) The historic struggle for equality that took place in Vaikom a century ago, popularly known as the Vaikom Satyagraha, was not a movement confined to Kerala but marked the starting point for various other struggles for social justice, Tamil Nadu Chief Minister M K Stalin said on Thursday. In his address at Vaikom in this district after inaugurating the renovated Thanthai Periyar Memorial and Periyar Library, Stalin said that while impressive strides have been made in areas of social justice and economy in 100 years, a lot more has to be achieved. Stalin inaugur ...Read More >
Panchkula (Haryana) [India], December 17 (ANI): Haryana Chief Minister Nayab Saini on Tuesday welcomed the 'One Nation, One Election' bill stating that One Nation One Election will create a balance between speed of work and finances. He also dismissed opposition protests over the bill saying that Congress opposes every good initiative, that's their only agenda. Speaking to mediapersons, the Haryana Chief Minister said, "Continuous elections cost a lot and slow down development and progress. One Nation One Election will create a balance between speed of work and finances. This bill should be ...Read More >
New Delhi [India], January 27 (ANI): Delhi Police detained BJP workers and leaders who were protesting against AAP national convener Arvind Kejriwal and the Punjab Government regarding the vandalism of a statue of Babasaheb Ambedkar in Amritsar on Monday. The Delhi BJP, led by party chief Virendra Sachdeva, MP Yogender Chandolia, and national general secretary Dushyant Kumar Gautam, protested against AAP national convener Arvind Kejriwal and the Punjab Government. This demonstration was in response to the vandalism of a statue of Babasaheb Ambedkar in Amritsar. Also Read | Maha Kumbh Mela 20 ...Read More >

Hyderabad: The recently released Tamil film Thug Life, starring veteran actor Kamal Haasan, has been facing controversy in Karnataka due to comments made by the actor. At the audio launch of Thug Life, Kamal Haasan said, "Kannada was born from Tamil." This statement sparked widespread outrage among Kannada-speaking communities. If all had gone as planned, Thug Life was scheduled to release in Karnataka by now. However, due to the actor's refusal to apologise, the film has not seen a release in the state. The matter is now pending in court, and a final decision regarding its release in Karnata ...Read More >

Thiruvananthapuram, June 6 (SocialNews.XYZ) Reacting to the controversy after the Kerala Agriculture Minister P. Prasad boycotted the state-level celebrations on the World Environment Day at the Raj Bhavan -- the official residence of the state Governor, Rajendra V. Arlekar, the latter expressed his displeasure. Speaking at the event as the state Governor, Arlekar expressed his displeasure by saying that the Agriculture Minister should also have been present here. "The State Education Minister informed that he could not come. Then the Agriculture Minister also did not come. I do not know wha ...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 >

Pudukkottai (Tamil Nadu) [India], June 7 (ANI): Bharatiya Janata Party (BJP) leader H. Raja criticised Makkal Needhi Maiam (MNM) President chief Kamal Haasan, saying that the actor-turned-politician has 'mortgaged' his party in exchange for a Rajya Sabha seat. The BJP leader stated that the MNM chief, who used to oppose the DMK's freebies and corrupt rule, has 'mortgaged' his torchlight election symbol to the DMK in exchange for a Rajya Sabha seat. He even claimed that the actor has said to never form an alliance with the DMK. 'Everyone knows what Kamal Haasan did in the past. He opposed the ...Read More >
Moradabad (Uttar Pradesh) [India], December 13 (ANI): Samajwadi Party (SP) leader ST Hasan on Friday said that the 'One Nation, One Election' rule was not possible in the country with the various cultures and laws present. "The One Nation, One Election rule is not possible in our country. Our country has a lot of different cultures and religious laws. There is a huge conspiracy behind it... Indirectly, only the centre will rule. They are trying to change the Constitution. They are talking about a common civil court, saying One Nation One Constitution... tomorrow you'll say One Nation One Cult ...Read More >
Chennai, Dec 18 (VOICE) The Tamil Nadu police have ramped up security measures at border check posts with Kerala after reports of medical waste being dumped in a public area at Palavoor, Kadangallur, in Tirunelveli district surfaced.Patrolling has been intensified across various check posts in districts including Kanyakumari, Coimbatore, Gudalur, and Theni. Tirunelveli district police have warned of strict action against those involved in the illegal disposal. Environmental activists allege that large quantities of medical waste are being transported illegally from Kerala and dumped in Tamil ...Read More >
CHENNAI: National Testing Agency (NTA) on Monday postponed the UGC-NET December 2024 Exam scheduled on 15th January 2025 after receiving representations to postpone the UGC NET December 2024 examination on account of Pongal, Makar Sankranti and other festivals on 15th January 2025. The New date of exam will announce later, as per reports. Examination scheduled on 16th January 2025 will be conducted as per earlier schedule. Earlier, Chief Minister Stalin has urged Union Education Minister Dharmendra Pradhan to reschedule the upcoming UGC-NET exams, which are set to be conducted by the Nation ...Read More >
Chennai: The overwhelming victory in the Erode East Assembly by-election and a series of storms in the AIADMK teacup have led to the DMK speculating on the AIADMK general secretary Edappadi K Palaniswami losing his grip over the party, whose cadre, as Law Minister S Regupathy claimed, had already started gravitating towards the DMK. While Regupathy told the media at Anna Arivalayam, the DMK headquarters, on Monday that the four years of good governance provided by the DMK had led to the people supporting the party which was reflected in the 1,50,709 votes that it garnered in the just conclude ...Read More >
Patna: BJP's West Bengal in charge and Bihar's health and law minister Mangal Pandey on Wednesday claimed that a three-member committee appointed by the Calcutta High Court had exposed the Mamata Banerjee govt and implicated Trinamool Congress (TMC) leaders in the Murshidabad violence, in which three people, including a father-son duo, were brutally killed during protests against the waqf law last month.The committee, tasked with probing the Murshidabad incident, highlighted serious lapses by the ...Read More >

Thiruvananthapuram: A fresh controversy has erupted after state Agriculture minister P Prasad boycotted an event organised at Kerala Raj Bhavan on the occasion of World Environment Day today, in protest against installation of a Bharatamba image "associated with the Rashtriya Swayamsevak Sangh (RSS)" on stage inside the premises. The minister accused Governor Rajendra Arlekar, also a former RSS leader, of turning Raj Bhavan into an RSS venue. After the minister objected to use of "politically symbolic image" in the government programme, the event was shifted to the Secretariat. As per report ...Read More >
Bengaluru: Ex-Karnataka Chief Minister and former External Affairs Minister SM Krishna died here early on Tuesday, leaving behind a rich legacy of statesmanship and public service that saw the 92-year-old leader scale all heights of political achievements. Suave, sophisticated and a man with enviable academic credentials, Somanahalli Mallaiah Krishna started off his political innings as an independent MLA from Maddur in 1962, stunning a then Congress veteran in the elections, and went on to become the state's CM and later the country's External Affairs Minister. Tributes poured in for the fo ...Read More >
NDIA bloc leaders, who submitted a notice of no-confidence motion against the Rajya Sabha Chairman Jagdeep Dhankhar on Wednesday, blamed the chair for not allowing them to speak in the Rajya Sabha. The leaders held a joint press conference labelling several charges against the chairman. "His behaviour (RS chairman) has damaged the dignity of the country. He has brought such a situation in the history of parliamentary democracy that we had to bring this notice for the resolution (of no confidence ...Read More >

RS Bharathi further alleged that ED has become a "blackmailing organisation," and referred to instances of the agency's officials arrested by the state police of Tamil Nadu and Kerala over bribery allegations The Supreme Court staying the ED probe against state-run TASMAC in Tamil Nadu is a "big blow" to the BJP's efforts to malign the party-led government in the state and the central probe agency was a "blackmailing organisation," senior DMK leader R S Bharathi said on Thursday. Responding to ...Read More >

Chennai (Tamil Nadu) [India], May 29 (ANI): Tamil veteran actor Rajesh passed away at the age of 75 years on Thursday morning. As per his relatives, the actor passed away on the way to Madras Institute of Orthopaedics and Traumatology (MIOT) hospital after he suddenly experienced difficulty in breathing. Also Read | 'Sister Midnight' Censored in India: CBFC Blurs Nudity From Radhika Apte's Dark Comedy - View Full List of Cuts. Rajesh has worked in over 100 films in his entire acting career. He started his acting journey with a superhit film, 'Aval Oru Thodar Kathai', which also starred Kama ...Read More >
Thiruvananthapuram, Dec 4 (SocialNews.XYZ) Two-time CPI-M legislator and state Fisheries Minister Saji Cherian, known for his unassuming nature and direct engagement with the public, has expressed admiration for Tamil Nadu's development while voicing concerns about Kerala's comparatively slow progress. Cherian, who is often seen mingling with locals or enjoying a cup of tea at roadside eateries, was spotted on Wednesday morning at a small restaurant opposite his official residence, the Manmohan Bungalow in the state capital. As he waited for his breakfast of idli sambhar, patrons informed the ...Read More >