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.
Bhubaneswar: The 12-hour statewide bandh called by Congress and Left parties on Thursday (July 17) over the death of 20-year-old girl student from Balasore has brought Odisha's capital city to a complete halt, disrupting vehicular movement and affecting thousands of people. Due to road blockade at several places, passengers at the airport, railway station and bus terminals have remained stranded for hours after failing to avail public transport services. Air Passengers Stranded Nearly 35 tourists from Karnataka, visiting Odisha for the first time, landed at Bhubaneswar airport at 8 AM today, when the shutdown had already taken effect. With no buses or cabs available due to the bandh, they were left waiting for over three hours. "We came to visit Puri, Konark and Chilika. Odisha is beautiful and peaceful, but as travellers what we witnessed today was scary," said a tourist from Bengaluru. Eventually, they reached their hotel by paying double fare to the auto-rickshaw driver. Situation No Different At Railway Station Passengers arriving by train also faced similar situation. Many of them were seen lying at the station for hours with no transport options to reach their homes. "What happened with the girl (from Balasore FM college) was unfortunate. I feel very sad for the girl whose death has now triggered statewide bandh. As a mother, I can only imagine the pain her family must be going through," said a woman passenger at the station. Bus Terminal Deserted At the Baramunda bus terminal, the scene was no different. It remained deserted, as not a single bus was allowed to operate. Helpers were absent while a few confused passengers waited with no clarity on when the services will resume. "We just want to get home, but there is no way," said a stranded commuter. Protests Across Bhubaneswar In Bhubaneswar, intense protests were seen in some areas. Congress workers raised slogans at AG chowk. Tyres were burnt at Acharya Vihar, and both government and private vehicles were forcibly stopped. At Jaydev Vihar, Left party activists blocked roads, allowing only ambulances to pass. Hundreds of vehicles are now stuck across the city and on the highway. At Master Canteen square, some Congress workers distributed chocolates and red roses among drivers while urging them to support the bandh. To prevent any untoward incident, security has been heightened across the city. Senior police personnel have been deployed near Raj Bhawan, AG Square and from Capital Hospital to Secretariat. Police SI Comes To The Rescue Meanwhile, as transport services came to a halt, a seriously-ill woman passenger travelling from Khadiyal to Cuttack SCB hospital in Sarala Bus encountered trouble when the bus got stuck on the road during protests. When Sub-Inspector Smruti Ranjan from Pahala Police Station noticed that she was unable to even stand, he quickly came forward, lifted her in his arms and helped her cross the blocked road. He then arranged an ambulance and made sure she was taken to SCB. Notably, the girl from FM Autonomous College set herself ablaze on July 12 in front of the Principal's chamber, alleging inaction over constant harassment by the Head of the Education Department, Samir Kumar Sahu. She sustained over 90-95 percent burn injuries and was initially treated at Balasore Medical College before being shifted to AIIMS Bhubaneswar. Despite critical care support, including mechanical ventilation and renal replacement therapy, she was declared dead at 11:46 PM on July 14.
Srinagar, Nov 27 (UNI) Jammu and Kashmir's Road Transport Corporation (RTC), a crucial backbone of public transportation, has raised serious concerns over the barring of its buses from entering Srinagar city limits. The move has triggered alarm within the Corporation, with officials cautioning about significant disruptions to public transport services and daily commutes, alongside substantial financial losses for the RTC. The restriction, in effect since November 4 when the maiden session of the Assembly commenced, is causing a daily revenue loss of Rs. 4 lakh to the Corporation. In a lette ...Read More >
Jaipur: The 23-year-old patient who received the heart, kidney and lungs of a brain-dead patient -- that were airlifted in the first such instance of organ transport in Rajasthan -- died on Tuesday late night at the SMS Hospital here. The hospital's senior doctor and spokesperson Dr Manish Agarwal said the complicated surgery was successful. Doctors tried hard to save the woman, but could not succeed, after which the patient died. The organs were airlifted for the first time in Rajasthan. The heart, kidney and lungs of Vishnu Prasad, a brain-dead youth in Jhalawar, were transported to Jaipur ...Read More >
Chennai: Hours before Union home minister Amit Shah was to arrive in Madurai, Thuglak editor and an associate of Shah, S Gurumurthy on Saturday met PMK founder S Ramadoss. The PMK leader, however, ruled out the possibility of meeting Amit Shah during his two-day visit to Tamil Nadu.Gurumurthy met Ramadoss for the second time amid reported tension within PMK regarding alliance strategies and insistence by Anbumani Ramadoss to remain party president. The hour-long meeting took place at the T Nagar residence of A K Vijay Mahesh, son of former Union minister and PMK leader A K Moorthy, sources sai ...Read More >
New Delhi/Noida, Jun 27 (PTI) End-of-life vehicles detected at fuel stations or found parked at public places will be impounded and a penalty of Rs 10,000 imposed on four-wheeler owners and Rs 5,000 on two-wheeler owners starting July 1, officials said on Friday. EOL vehicles are diesel vehicles older than 10 years and petrol vehicles older than 15 years. Irrespective of the states they are registered in, they will not be given fuel in Delhi starting July 1, according to directions issued by the Commission for Air Quality Management (CAQM) earlier. Around 500 fuel stations in Delhi have inst ...Read More >
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 >
New Delhi: In Indian politics, slogans often do the heavy lifting. 'Nari Shakti', the BJP's rallying cry for women's empowerment, has been a consistent part of its electoral pitch, development agenda, and cultural messaging. From schemes like Ujjwala Yojana to the push for the Women's Reservation Bill, the party has repeatedly projected itself as a champion of women's rights. However, despite years of promoting 'Nari Shakti' as a key electoral plank and cultural identity, the Bharatiya Janata Party today finds itself in an uncomfortable position, lacking a strong, popular pan-India woman face ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
New Delhi [India], June 7 (ANI): Congress leader Jignesh Mevani on Saturday questioned the government over the ceasefire in Operation Sindoor, alleging foreign pressure and demanding clarity on its terms. Mevani accused Prime Minister Narendra Modi of backing down under US influence and asked why the remaining terrorists haven't been caught. 'It's been a month since the government launched Operation Sindoor and claimed to have caught a terrorist. The Prime Minister boasts of a 56-inch chest, says India is a Vishwa Guru, and speaks of vermilion running through our veins. Then why haven't the ...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 >
Sub-Inspector Narender Reddy alerted his staff, who traced the autorickshaw within a few hours with the help of cybercrime and forensic experts. Later, the bag along with the ten tolas of gold ornaments was handed over to Hena Parveen. Karimnagar: The Gangadhara police traced ten tolas of gold ornaments that a woman lost within a few hours and handed over the ornaments to her. According to police, a resident of Laxmidevipalli of Gangadhara mandal, Hena Parveen along with her mother came to Karimnagar town on Wednesday. After completing work, she returned to the village in an autorickshaw and ...Read More >
The Baatara Gorge Waterfall, also known as the "Cave of Three Bridges," is one of Lebanon's most enchanting natural wonders. This unique geological formation in Tannourine has been captivating visitors for centuries. In this article, we'll provide you with a comprehensive guide on how to visit this breathtaking site. From practical tips to essential information, we've got you covered! The ideal time to visit the Baatara Gorge Waterfall is in the springtime, specifically between March and May. Why? Well, this is when the snow from the mountains around melts down, providing water to the fall an ...Read More >
Hyderabad, Jun 6 (PTI) Telangana Chief Minister A Revanth Reddy on Friday said BRS president K Chandrasekhar Rao should face an inquiry by the judicial commission on the Kaleshwaram project instead of attacking the Congress government. Addressing a public meeting after attending various development programmes in Yadadri-Bhuvanagri district, he referred to the judicial panel summoning KCR and the BRS criticising the state government on the matter. The judicial commission is probing the alleged irregularities in the Kaleshwaram project built during the BRS regime. "He (KCR) is getting restles ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
VIJAYAWADA: The State government on Friday accorded approvals to a slew of industries. Among those are Krishnapatnam Power Corporation Limited (KPCL), which is set to establish a 350 MW Solar and Battery Energy Storage System (BESS) in Thamminapatnam and Mommidi villages of SPSR Nellore district with a Rs 1,225 crore investment, creating 575 jobs. Furthermore, the government also waived off a Rs 54 crore extension of time fee, contingent on project completion within two years as per the Andhra Pradesh Integrated Clean Energy Policy-2024. The government also allocated 22.80 acres at MPSEZ in N ...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 >
Mumbai, Dec 12 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Thursday said the government promptly made an arrest after a replica of the Constitution was damaged in Parbhani, yet violent protests took place which was unacceptable. The accused, who allegedly damaged the replica, was a mentally unstable man, Fadnavis told reporters in Delhi. A bandh was called on Wednesday after the glass-encased replica of the Constitution near Dr B R Ambedkar's statue outside the Parbhani railway station was found damaged the previous evening. But the shut-down took a violent turn when a mob indulged ...Read More >
Bhubaneswar, Jan 31 (PTI) The Odisha Police on Friday arrested eight NSUI activists for holding a demonstration and showing black flags to RSS chief Mohan Bhagwat during his travel in Bhubaneswar the previous day. The arrested youths, who were detained by the police on Thursday evening from the spot, were in the age group of 19 years to 24 years. They were booked under several sections of the BNS. Also Read | 'Touched Private Parts Pricked With Pen': Tuiton Teacher in Nagaur, Rajasthan Sexually Abused Class 2 Girl for 6 Months, Arrested. The workers of the Congress' student wing were protes ...Read More >
Mumbai: The Brihanmumbai Municipal Corporation (BMC), considered the richest civic body in the country, tabled its budget of Rs 74,427 crore for 2025-26 at its headquarters in Mumbai on Tuesday. The additional municipal commissioners presented the budget to BMC commissioner Bhushan Gagrani, the state-appointed administrator. BMC is currently run by an administrator since the term of the corporators ended on March 7, 2022. This is the third year of the budget being presented to the administrator, in deviation from the norm where the municipal commissioner presents the budget to the standing co ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >
Parbhani, Maharashtra (December 11, 2024): A bandh in Parbhani, called to protest the vandalism of a Constitution replica held by a statue of Dr. B.R. Ambedkar, turned violent on Wednesday. The situation escalated as escalated, protesters began pelting stones at shop shutters, vehicles, and residential buildings. Police had to use tear gas to break up the crowd. Protesters were also dispersed with water sprayed from a fire engine. The protest began in the morning as demonstrators started staging sit-ins on Jintur Marg, Pathri Marg, and Basmat Road. Protesters burnt tyres and blocked traffic. ...Read More >
BENGALURU, India -- An innovative portable shelter recently exhibited in one of India's largest cities shows how smart, cheap ways to help workers escape the heat are gaining traction in a country that's particularly vulnerable to climate change-driven extreme temperatures. The Neralu shelter, winner of a design contest in the southern city of Bengaluru, was displayed at the Sweat and Concrete 2025 event in late May alongside a theatrical performance about heat impacts on outdoor workers and exhibits on heat-related studies. Organizer Kanishk Kabiraj said the aim of the exhibition is to raise ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >
The agitators demanded strict punishment for those who insulted the statue. Violent protests took place for the second day in central Maharashtra's Parbhani city on Wednesday over alleged vandalising of a replica of the Indian Constitution, police said. Amid the bandh called by some organisations, a mob indulged in arson and police fired teargas shells in response, a senior official told PTI. How did the protest begin? An unidentified person on Tuesday damaged a replica of the Constitution he ...Read More >
India's next space hero is here. It's Shubhanshu Shukla.In a historic leap for India's space exploration, Group Captain Shubhanshu Shukla is set to become the first Indian astronaut to travel to the International Space Station (ISS). Scheduled for launch on June 10, aboard SpaceX's Falcon 9 rocket as part of Axiom Mission 4 (Ax-4), Shukla's journey will make history as he becomes the first Indian astronaut to travel to the ISS.Axiom Mission 4 (Ax-4) is a pioneering private spaceflight mission that will not only send India's first private astronaut to space but also mark the return to human spa ...Read More >
New Delhi, Jun 27 (PTI) Delhi Chief Minister Rekha Gupta on Friday flagged off 105 new orange-coloured DEVI (Delhi EV Inter-connector) electric buses and inaugurated the newly built Sector A9 depot in Narela, calling it a step towards cleaner and more efficient public transport for the capital. Gupta said the depot was completed in just 90 days and claimed it reflects the BJP government's commitment to deliver on promises made to Delhi residents. She also attacked the previous Aam Aadmi Party (AAP) government, accusing it of pushing Delhi Transport Corporation (DTC) into losses and fostering ...Read More >
BENGALURU: BBMP marshals deployed at lake security and supervision wing, ward monitoring and Indira Canteens are working without salaries since March. The situation has arisen after Bangalore Solid Waste Management Limited was carved out of BBMP for garbage management. Their salaries are usually given through the Ex-Servicemen Welfare Society and each marshal is paid Rs 17,500 monthly. "Supervisors say the delay is due to a set of procedures. Earlier, the amount was given to the Ex-Servicemen Welfare Society towards payments from BBMP. Now the files have to be cleared from BWSML to ward mars ...Read More >