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.
Meenakshi Ganesan has been appointed as Deputy Director General of Southern Regional Office at BIS, Chennai, marking her as the first woman in this role. Her three-decade-long tenure and key contributions highlight her expertise and strategic leadership in transforming national standards initiatives. In a historic move, Meenakshi Ganesan has taken charge as the Deputy Director General of the Southern Regional Office of the Bureau of Indian Standards (BIS) in Chennai, becoming the first woman to
Mumbai, Jul 14 (PTI) State-owned IFCI on Monday sought the government's go-ahead for the consolidation of its various group entities, including the broking business. IFCI Limited (the consolidated entity) also proposed to remain as an NBFC (Non-Banking Financial Company). In a regulatory filing on Monday, the company informed that its board has recommended to the Government of India for approval of the Group Consolidation in two stages. Based on the in-principle approval received from the Government of India to consider 'Consolidation of IFCI Group' dated November 22, 2024, which entailed m ...Read More >
New Delhi, Jul 15 (PTI) Domestic electronic contract manufacturing firm Dixon on Tuesday said it has collaborated with Chinese company Chongqing Yuhai Precision Manufacturing Co Ltd for manufacturing and supply of precision components used in electronic products like laptop, mobile phones etc. Dixon Technologies has announced its participation in Rs 22,919 crore incentive-based Electronics Components Manufacturing Scheme. Also Read | 'Urdu at the House Of Lords': Javed Akhtar Gives Session on Urdu at British Parliament, Shabana Azmi Shares Picture. Dixon Technologies (India) Ltd and Chongqi ...Read More >
New Delhi, Aug 21 (PTI) The Delhi High Court on Thursday sought the Centre's response on a plea against a notification increasing the limit of non-medical faculty for MBBS students for Anatomy, Physiology, Biochemistry, Microbiology and Pharmacology. A bench of Chief Justice Devendra Kumar Upadhyaya and Justice Tushar Rao Gedela issued notice to the Centre on the plea, which claimed the regulations were diluting the standards of medical education. The petition sought the judicial intervention to strike down certain provisions of the Teachers Eligibility Qualifications in Medical Institutions ...Read More >
Chandigarh, Oct 1 (PTI) A delegation of the Punjab Congress on Wednesday met Governor Gulab Chand Kataria here and urged him to withhold assent to the Punjab Town Improvement (Amendment) Bill, 2025, claiming that it "undermines the very spirit of the Improvement Trusts and raises serious constitutional concerns". The Punjab Assembly on September 29 had passed the Punjab Town Improvement (Amendment) Bill, 2025. At that time, Local Government Minister Dr Ravjot Singh said the motive of this Bill was to enable urban local bodies of the state to utilise funds available with the Improvement Trusts ...Read More >
Gandhinagar (Gujarat) [India], October 31 (ANI): Chief Minister Bhupendra Patel flagged off the 'Sardar@150 Unity March' organised by the Ahmedabad Municipal Corporation to mark the 150th birth anniversary of Sardar Vallabhbhai Patel. On this occasion, he offered floral tributes to the statue of Sardar Vallabhbhai Patel and paid heartfelt homage to the Iron Man of India, the architect of a united and integrated nation, on his 150th birth anniversary. He stated that under the leadership of Prime Minister Narendra Modi, grand celebrations are being organised across the nation to commemorate the ...Read More >
New Delhi, Jun 5 (PTI) Fintech firm BimaPay Finsure on Thursday said it has entered into corporate insurance financing and aims for Rs 20 crore in premiums in 2025-26. Launching the pilot phase with insurance partners, BimaPay said the initiative will allow businesses to pay premiums in easy equated monthly instalments (EMIs) instead of bearing the burden of full upfront costs. Also Read | Who Is Pinaki Misra? From Age to Family Background and Net Worth, Here's All About BJD Leader With Whom Mahua Moitra Reportedly Married. The company aims to finance over Rs 20 crore worth of premiums by t ...Read More >
Itanagar: The Arunachal Pradesh govt has launched a statewide crackdown to detect and deport illegal Bangladeshi immigrants, an official said on Thursday.Acting on directives issued by the Union ministry of home affairs (MHA), the state has instructed all districts to immediately constitute district task forces (DTFs) to identify undocumented immigrants and ensure strict enforcement of Inner Line Permit (ILP) provisions.The decision was taken at a high-level meeting chaired by advisor to home minister Mutchu Mithi and DGP Anand Mohan on Wednesday. The meeting was attended by senior police offi ...Read More >
Mumbai, Jul 10 (PTI) With more and more companies prioritising inclusivity, a study has revealed that the most diverse companies delivered 50 per cent higher net profit compared with less diverse counterparts. Around 8 out of 10 industries studied showed a positive relationship between the presence of women and profit after tax (PAT) as most diverse companies delivered 50 per cent higher net profit than their less diverse counterparts, according to HR advisory firm Marching Sheep's 'Marching Sheep Inclusion Index 2025' study. This annual study, conducted by HR advisory firm Marching Sheep's ...Read More >
New Delhi, Oct 14 (PTI) Justice (retd) Nageswara Rao has left it to the Supreme Court to take "a suitable view" on the two contentious articles of the draft constitution of the All India Football Federation (AIFF) in his report submitted to the apex court. On October 9, the AIFF had approached the SC, seeking a clarification on the two articles -- Article 23.3, and Article 25.3 (b) and (c) -- in view of the objections raised by world football governing body FIFA. The next day, an SC bench asked Justice Rao, a former judge of the apex court, to submit a report after hearing the stakeholders. ...Read More >
New Delhi, Jul 2 (PTI) The Delhi High Court on Wednesday asked the Drug Controller General of India to consult experts and relevant stakeholders in deciding a plea over drug combinations sold in the market for weight loss treatment. A bench of Chief Justice D K Upadhyaya and Justice Tushar Rao Gedela asked the petitioner to give a representation to the DGCI, which was asked to decide the matter within three months. Also Read | 'Janaki' Title Row: Malayalam Film Industry Holds Protest in Front of CBFC Office Against Renaming of Suresh Gopi Film. A plea filed by Jitendra Chouksey said license ...Read More >
New Delhi, July 5 (UNI) In a move aimed to curb the sale of substandard helmets and enhance road safety, the Department of Consumer Affairs, in coordination with the Bureau of Indian Standards (BIS), has seized over 3,000 non-compliant helmets from manufacturers and retailers across the country. The action, part of a nationwide crackdown on helmet manufacturers operating without valid BIS licences, saw enforcement teams confiscate more than 2,500 helmets from nine manufacturers whose licences had either expired or been cancelled. Additionally, around 500 substandard helmets were seized from r ...Read More >
Mumbai, Jul 9 (PTI) Rejecting criticism over financial prudence for presenting supplementary demands of Rs 57,509 crore just three months after presenting the budget, Maharashtra Deputy CM Ajit Pawar on Wednesday said the state's economic position is robust and fiscal parameters are fine. He said the additional funds would primarily be spent on the Centrally-sponsored development schemes, infrastructure projects, and statutory grants, which will contribute to enhancing the state's productive assets. The Maharashtra government tabled supplementary demands of Rs 57,509.71 crore in the state le ...Read More >
Ajmer (Rajasthan) [India], July 19 (ANI): The Ana Sagar lake in Rajasthan's Ajmer overflowed on Saturday morning, following incessant rain, which caused waterlogging. Due to this, the road connecting Bajrang Garh to the market has been closed. The locals used sandbags in an attempt to stop the flow of water. Also Read | Meghalaya Shocker: Schoolgirl Hacked to Death With Machete by Assailant in East Garo Hills District. Municipal Corporation Chief Engineer Vinod Manohar stated that the cause of waterlogging is due to lake water entering through escape channels, which have been opened by near ...Read More >
Shillong, Jul 19 (PTI) The Meghalaya government has notified the Real Estate Regulatory Authority to regulate the state's emerging real estate sector and ensure transparency, accountability, and consumer protection, officials said on Saturday. The Authority is being established under the Real Estate (Regulation and Development) Act, 2016. Officials said the authority aims to promote fair practices, protect homebuyers' interests, resolve disputes efficiently, and boost investor confidence by streamlining project approvals and enforcing compliance. RERA Meghalaya oversees the registration of ...Read More >
New Delhi, Sep 14 (SocialNews.XYZ) Over 2,000 experts from more than 100 countries will come together in the national capital to take part in the 89th General Meeting of the International Electrotechnical Commission (IEC), Ministry of Consumer Affairs, Food & Public Distribution said on Sunday. The event, hosted by the Bureau of Indian Standards (BIS), will be held from September 15 to 19, at Bharat Mandapam. Delegates will deliberate on international electrotechnical standards that aim to build a sustainable, all-electric and connected world. This will be the fourth time India is hosting t ...Read More >
New Delhi, Jun 5 (PTI) Chief Justice of India B R Gavai on Thursday said India has continuously aspired to become a hub of international arbitration by building a progressive legislative framework, a pro-enforcement judiciary and robust institutional support. In his keynote address on "Arbitrating Indo-UK Commercial Disputes" as part of the London International Disputes Week, the CJI said India and the United Kingdom shared a rich history, bound by a common legal heritage rooted in the principles of common law. He referred to the July 2018 memorandum of understanding signed between India and ...Read More >
Mumbai, July 14 (SocialNews.XYZ) In a strong and clear message, Shiv Sena supremo and Deputy Maharashtra Chief Minister Eknath Shinde asked the party ministers, legislators and office bearers to strictly follow party discipline and not compel him to take action. "In the past few days, certain incidents have taken place. People don't point fingers at you -- they point at me for what you do. They ask me: 'What are your MLAs up to? You all are my people. We are one family. Your disrepute is my disrepute. Don't waste your energy on unnecessary matters. Speak less, work more. "Some ministers had ...Read More >
Mumbai: Ports minister Nitesh Rane said the Radio Club jetty project will be taken forward as per Bombay High Court orders. Nearly 20% of the jetty work has already been completed and the facility will become operational by May next year, Rane told reporters in the Vidhan Bhavan premises."The proposed Radio Club Jetty project near Mumbai's Gateway of India received the green light from the Bombay High Court. The court dismissed all three petitions filed against the project and issued clear direct ...Read More >
New Delhi, Aug 25 (PTI) The Delhi High Court on Monday set aside a CIC order directing disclosure of details related to Prime Minister Narendra Modi's bachelor's degree while holding it to be "personal information" and ruling out any "implicit public interest" in it. Justice Sachin Datta, who reserved the verdict on the matter on February 27, was acting on Delhi University's plea challenging the CIC order. The judge said "something which is of interest to the public" was quite different from "something which is in the public interest". Following an RTI application by one Neeraj, the CIC on ...Read More >
New Delhi, Nov 7 (PTI) The Supreme Court on Friday said recurrence of dog bite incidents, particularly within institutional areas, reflected not only administrative apathy but also a "systemic failure" to secure these premises from preventable hazards. The apex court directed forthwith relocation of stray canines from institutional areas like educational institutions, hospitals, railway stations and bus stand to designated shelters after due sterilisation and vaccination in accordance with the Animal Birth Control Rules, 2023. A three-judge special bench comprising justices Vikram Nath, Sande ...Read More >
New Delhi, Dec 12 (PTI) The Union Cabinet on Thursday approved bills to implement 'One Nation, One Election', and the draft legislations are likely to be introduced in Parliament in the ongoing Winter session, sources said. The decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi. The government is keen on holding wider consultations on bills which are likely to be referred to a parliamentary committee. Sources said the government was also keen to consult the Speakers of various state legislative assemblies through the committee. Moving ahead with it ...Read More >
New Delhi, July 19: Prime Minister Narendra Modi on Saturday paid heartfelt tributes to freedom fighter Mangal Pandey on his birth anniversary, remembering him as a "pioneering warrior" who challenged British authority and remains a lasting symbol of courage and patriotism. Recognised as one of the earliest voices of resistance, Mangal Pandey played a key role in the events that sparked the Revolt of 1857, which eventually led to the dissolution of the East India Company and the establishment of direct British rule under the Government of India Act of 1858. Taking to X, Prime Minister Modi wr ...Read More >
Mumbai (Maharashtra) [India], August 3 (ANI): In a major crackdown on narcotics smuggling, officers of the Airport Commissionerate, Mumbai Customs Zone-III, have seized 14.738 kgs of suspected NDPS hydroponic weed (marijuana) valued at approximately Rs 14.73 crore during operations on Sunday. The seizures were made across Chhatrapati Shivaji Maharaj International Airport (CSMI), resulting in the arrest of one passenger, as stated in the press release. The passenger was arrested under the provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. Based on specific intel, ...Read More >
New Delhi, Jun 30 (PTI) The Bar Council of India (BCI) has said that offering LLM or equivalent legal courses online or through hybrid mode without its approval was unauthorised and unrecognised. The BCI, as a result, issued an advisory against the proliferation of unapproved Master of Laws (LLM) programmes offered online, through distance or hybrid modes. The advisory, authored by Justice (retd) Rajendra Menon, former chief justice of the Delhi High Court and co-Chairperson of the standing committee on legal education of the BCI, was sent to all the high courts on June 25 for necessary acti ...Read More >
Bengaluru, Jul 1 (PTI) The Karnataka High Court on Tuesday heard arguments in a case filed by X Corp India, the Indian arm of Elon Musk-owned social media platform 'X' (formerly Twitter), challenging the authority of government officials to issue content takedown notices under the Information Technology Act. 'X' Corp informed the court that it had recently received a notice from the Ministry of Railways seeking the removal of a video showing a woman driving a car on railway tracks in Hyderabad. Representing the company, Senior Advocate K G Raghavan argued against what he termed a misuse of o ...Read More >
Bengaluru, Jul 1 (PTI) Challenging the authority of the government officials to issue content take-down notices under Information Technology Act, social media giant 'X' on Tuesday argued in Karnataka High Court "What if every Tom, Dick and Harry officer sends notices?" The Union government and the court took strong objection to the language. 'X' Corp informed the court that it had recently received a notice from the Ministry of Railways seeking the removal of a video showing a woman driving a car on railway tracks in Hyderabad. Representing the company, Senior Advocate K G Raghavan argued ag ...Read More >
Baramulla, Jul 5: Hundreds of mourners from Delina and its neighbouring villages Saturday participated in the Muharram procession, the 9th day of the month of Muharram-Ul-Haram at Delina area of north Kashmir's Baramulla district. The procession was one of the series of processions being held in the month of Muharram, the first month of Islamic calendar. Dressed in black and carrying flags bearing religious inscriptions, participants from the villages of Hygam, Bulgam, Bohripora, Syedpora, Uri, Boniyar and other villages marched from new Imambargah through the National Highway NH-1 to the ma ...Read More >
The Supreme Court has criticized the Centre and Maharashtra government for designating existing courts as special courts, highlighting the resulting delays in trials for various cases. The court emphasized the urgent need for creating new infrastructure, appointing judges and staff, and sanctioning government posts to establish dedicated special courts. The Supreme Court on Friday pulled up the Centre and Maharashtra government for designating existing courts as special courts as it asked for th ...Read More >
Jammu, Jul 18 (PTI) Senior officials of the Jammu and Kashmir government reviewed the arrangements for the smooth conduct of the 13-day-long Budha Amarnath pilgrimage in Poonch district that will begin on July 28. Deputy Inspector General of Police Tejinder Singh reviewed security in Poonch and stressed ensuring the safety of the devotees. "The first batch will depart from the Bhagwati Nagar basecamp in Jammu on July 28, moving towards the Mandi tehsil in Poonch in a regulated convoy amid full security arrangements," a spokesperson said. Jammu Divisional Commissioner Ramesh Kumar and Inspec ...Read More >
New Delhi, Aug 8 (PTI) The Supreme Court on Friday expressed displeasure over the orders passed by Allahabad High Court in a PIL over historic Banke Bihari Temple in Vrindavan and questioned the use of "intemperate language" against the Uttar Pradesh government. A bench of Justices Surya Kant and Joymalya Bagchi perused the orders of July 21 and August 6 by a single-judge bench of the high court on a PIL which challenged the ordinance Uttar Pradesh Shri Bankey Bihari Ji Temple Trust Ordinance, 2025 and stayed the observations made in them. Additional Solicitor General K M Nataraj, appearing ...Read More >