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.
Mumbai, July 17: Ride-hailing services giants Ola and Uber face trouble as their drivers have initiated a strike in Mumbai. Due to the Ola Uber strike, customers were unable to use ride-hailing services offered by the companies for two days. The Ola and Uber drivers, along with other gig economy workers selected Azad Maidan to protest on Tuesday and continued strike till Wednesday, demanding a reduction of commission rates and a ban on bike taxis. The protesting drivers demanded that the ride-service companies implement the aggregator policy. The unions and associations participating in the protest are unhappy that the Maharashtra government has not implemented the policy sooner. The unions highlighted the exploitation by Ola, Uber, and Rapido companies and the government's actions regarding the illegal bike taxis in the state. Ola, Uber Strike in Maharashtra: Mumbai Airport Issues Advisory Asking Passengers To Arrange Alternative Transport and Plan Their Travel Accordingly Amid App-Based Cab Operators' Strike. The drivers demand a fixed base price like the one charged by local cabs (kali-peeli). The Ola and Uber drivers protested in Navi Mumbai. As a part of this massive strike, the passengers were asked to de-board, and the rides started to decline in the area where the issue was raised. Unions mentioned that more than 500 to 700 cab and auto drivers were present at the protest. According to Anand Kute of Maharashtra Rajya Rashtriya Kamgar Sangh, the app-based aggregator drivers get INR 8 to INR 12 per km for driving an AC taxi, while the base fare of kaali peelis (regular cabs) is INR 31. He highlighted that the subsequent fare is INR 18 per km. Anand Kute said, "We want similar fares," and mentioned they were demanding it for seven or eight years, but nothing happened. Goa-Bound Indigo Flight 6E 6271 From Delhi Makes Emergency Landing at Mumbai Airport, Sources Say 'Diversion Made Due to Engine Failure'. Unions were clear on their stance, saying they were protesting against the aggregators Ola and Uber and the government for not implementing the aggregator cab policy despite being a long-standing demand. (The above story first appeared on LatestLY on Jul 17, 2025 02:29 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
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Hyderabad: BJP MP and former minister in BRS government Eatala Rajendar spilled the beans before Justice PC Ghose Commission inquiring into the Kaleshwaram project on Friday. The BJP MP told the commission that the three barrages - Medigadda, Annaram and Sundilla were constructed only after the approval of CWC and Technical Committee and as per the recommendations of Cabinet Sub Committee headed by the then Irrigation minister T Harish Rao. Former Chief Minister K Chandrashekhar Rao was the brain behind the Kaleshwaram, the former minister said, adding that the Maharashtra government had opp ...Read More >
Mumbai, Jun 8 (PTI) The Congress on Sunday staged a protest against the Maharashtra government's decision to allot Mother Dairy's land in Kurla for rehabilitating ineligible slum-dwellers who will be displaced by the Dharavi redevelopment project. City Congress president Varsha Gaikwad, who led the demonstration, targeted the state government's decision with a "surrender" barb, alleging that the opposition by local people was ignored. Also Read | Encroachers Can't Claim Right To Continue Occupying Public Land, Says Delhi High Court. "The market value of this land is in the hundreds of crore ...Read More >
Mumbai, June 26 (SocialNews.XYZ) Maharashtra Chief Minister Devendra Fadnavis said on Thursday that the state government will go ahead with the development of 802-km Shaktipeeth Mahamarg costing Rs 86,300 crore, saying that the state Finance department has not raised objection regarding the infrastructure project. The statement by CM Fadnavis comes after the state Finance department said the Rs 20,878-crore loan guarantee extended by the Maharashtra Cabinet will put financial burden on the state and the off-budget loan will impact the state's capability of seeking the loan. The Finance depar ...Read More >
New Delhi: The Aircraft Accident Investigation Bureau (AAIB) is probing from all angles, including sabotage, in the Air India plane crash in Ahmedabad that killed 274 people on board and on the ground last month, Minister of State (MoS) For Civil Aviation Murlidhar Mohol said. Mohol said the black box of the Air India flight AI 171 that has been recovered is in AAIB's custody and will not be outside the country for a thorough assessment. The MoS was speaking at the Pune chapter of the Emerging Business Conclave. "It (plane crash) was an unfortunate incident. The AAIB has begun a full investig ...Read More >
Kaza (Himachal Pradesh) [India], January 17 (ANI): The Spiti Cup 2025 concluded with an action-packed finale, where teams fiercely competed across Men's, Women's, and U-18 Boys' categories showcasing the finest grassroots Ice Hockey talent from the Lahaul Spiti region. Sham Zone clinched the Men's title with a narrow 1-0 victory over Center Zone, while the Women's championship was decided on goal difference, with Center Zone emerging as the winner. Tod Zone claimed the U-18 Boys' title. With standout performances from players like Tanzin Solden and Kunga Wangpo and stellar goalkeeping by Abhi ...Read More >
Bengaluru, Dec 12 (PTI) Ride-hailing app Uber on Thursday launched 'Uber Moto Women,' a first-of-its-kind service in Bengaluru offering women-only bike rides, the company said. In a statement, Uber said that this on-demand two-wheeler service connects female riders with female drivers and is designed to address women's safety and mobility needs while "empowering female drivers with flexible earning opportunities". "Developed based on feedback from women riders and drivers, Uber Moto Women offers a safe, affordable, and convenient commute option for women who prefer to ride with female driver ...Read More >
Nagpur: Shiv Sena (UBT) chief Uddhav Thackeray on Tuesday claimed the Centre's move to introduce a bill on simultaneous polls in the Lok Sabha was an attempt to divert attention from issues plaguing the country. Addressing reporters in Maharashtra's Nagpur city, Thackeray demanded a transparent election process before implementation of the 'One Nation One Election' proposal. Even the election commissioners should be elected through polls, the former state chief minister said but did not elaborate on how to go about it. Thackeray also said that the Devendra Fadnavis-led Maharashtra government ...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 >
MUMBAI: After a diktat by chief minister Devendra Fadnavis, the Development Plan (DP) department of the BMC on Saturday issued a notice to modify the DP 2034 to make a provision for a coastal road from Versova to Dahisar. The stretches from Versova to Dahisar and Dahisar to Bhayandar are being carried out by the BMC. On Friday, when Fadnavis took a review of the coastal road, officers implementing the project said that land acquisition would be difficult if the areas were not marked. Since the government wants the BMC to start the work in August 2025, it asked for immediate changes to the DP. ...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 >
Imphal, June 29 (UNI) A series of successful operations carried out by Manipur Police and security forces during the last 24 hours led to the arrest of several individuals involved in vehicle theft, insurgent activity, and the recovery of a significant cache of arms and ammunition. Police arrested a vehicle lifter identified as Syed Riyaj from his residence at Lilong Chaobok in Thoubal District. The arrest was made under Lilong Police Station. Authorities seized a blue two wheeler without registration number, along with a key and an Aadhaar card believed to be linked to the suspect. In a s ...Read More >
Pune: Cyber crime investigators in the city said they've now been approached by five more women who said they've been cheated by an Australia-based Indian man who was arrested on Wednesday for allegedly duping a Pune techie of Rs 3.6 crore in a case of matrimonial fraud."The five women are mostly from Mumbai and Delhi. We have requested them to formally record statements at the police station," said senior inspector of Pune cyber police Swapnali Shinde, leading the investigation into Abhishek Shukla (42), who investigators said may have contacted over 3,000 women through fake profiles on a mat ...Read More >
Uber has launched India's first Shikara ride on Srinagar's Dal Lake, offering a unique and scenic experience. This new service allows passengers to enjoy the tranquil beauty of the lake while riding in a traditional Shikara boat. Booking is easy through the Uber app, with rides available daily from 10 AM to 6 PM. This initiative aims to boost tourism in the region while providing locals with a new way to experience the lake. With Uber's entry into the Shikara market, visitors can now enjoy a blend of modern convenience and traditional charm on Dal Lake. ...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 >
India's International Train Links: These 5 Indian Stations Connect You To Another Country By Train Kerala Lottery Results Saturday 07-06-2025 LIVE: The Kerala Lottery Department, on behalf of the state government, will announce the results for the Karunya KR-709 draw today, June 07, 2025. The lucky draw will take place at Gorky Bhavan, near Bakery Junction in Thiruvananthapuram. This week's Karunya KR-709 lottery includes 12 series, with the series being subject to change each week. A total of 1.08 crore tickets are available for sale weekly, and ticket prices may vary. Check the Karunya KR-7 ...Read More >
The victim, who originally hails from Delhi and is currently residing in the Kharadi, had created a profile on the matrimony site seeking a prospective bridegroom. In 2023, she received a message claiming to be Dr Rohit Oberoi, an Australian citizen of Indian origin. Over time, the duo developed a close relationship. The accused visited her in Pune and other cities in India, further gaining her trust. The victim had previously received ₹5 crore as alimony after a divorce and was planning to st ...Read More >
MUMBAI: Usually, an infrastructure project subject to delays in completion witnesses a sizeable cost escalation. This time around, however, a project's cost has been trimmed by nearly 40% by deleting some of its components and changing its design. This is the Uttan-Virar Sea Link (UVSL), to be implemented by the Mumbai Metropolitan Region Development Authority (MMRDA). The changes happened on the directive of chief minister Devendra Fadnavis on Thursday. As per the estimates and plans prepared by MMRDA and submitted to the state government this January, the project had an estimated cost of ₹8 ...Read More >
Mumbai, June 28 (SocialNews.XYZ) Raging controversy over the introduction of Hindi in Marathi and English schools from classes 1 to 5, the protests against the land acquisition for the Rs 86,300 crore Shaktipeeth Mahamarg, tabling of Public Security Act following the scrutiny of the joint select committee, damage caused to agriculture due to unseasonal rains and demand for from loan waiver are among the several issues which are going to be discussed during the three week monsoon session of Maharashtra Legislature starting from June 30 in Mumbai. Chief Minister Devendra Fadnavis said that the ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
Mumbai, June 8 (SocialNews.XYZ) Chief Minister Devendra Fadnavis on Sunday debunked all allegations made by Congress leader Rahul Gandhi about rigging and match-fixing in the 2024 Maharashtra Assembly elections. In his articles titled 'Those Rejected by the People Deny the Mandate', published in the same three newspapers where Gandhi's write-ups appeared, CM Fadnavis advised the Congress MP to "accept defeat, introspect on where you went wrong, why your connect with the people is lacking, and what needs to be done." He taunted Gandhi, saying that the latter was preparing excuses for "defeats ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >
Navi Mumbai: In a bid to meet the projected water demand of 1,257 million litres per day (MLD) by the year 2050, the City and Industrial Development Corporation (CIDCO) has embarked on a series of critical water infrastructure projects across Navi Mumbai. These initiatives aim to support the city's rapid development and ensure sustainable water supply to areas under CIDCO's jurisdiction, a statement released by the planning authority on Friday, said. One of the key initiatives is the augmentation of the Hetawane Water Supply Scheme, which is currently progressing in four phases and is expect ...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 >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >
Gukesh Dommaraju is welcomed home upon his arrival at the Chennai International Airport on December 16 after his win at the FIDE World Chess Championship in Singapore. Gukesh Dommaraju returned home to jubilant scenes at Chennai International Airport on Monday having become the youngest ever chess world champion last week. The 18-year-old beat defending champion Ding Liren 7.5-6.5 in their best-of-14 final in Singapore on Thursday after the Chinese player blundered in the final game. Draped in ...Read More >
New Delhi: The GST Council will soon decide on having fewer and lower rates as the review work is almost complete, Finance Minister Nirmala Sitharaman said on Tuesday. Currently, Goods and Services Tax (GST) is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent. Luxury and demerit goods are taxed at the highest bracket of 28 per cent, while packed food and essential items are in the lowest 5 per cent slab. The Council, chaired by Sitharaman and comprising her state counterparts, has set up a group of ministers (GoM) to suggest changes in GST rates as well as reduce slabs. "To ...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 >
Gadchiroli (Maharashtra) [India] June 28 (ANI): In a major breakthrough in the ongoing anti-Naxal operations, Gadchiroli Police, in collaboration with the Central Reserve Police Force (CRPF), arrested a most-wanted Maoist commander during a joint operation on 27 June 2025, said an official statement. The arrested individual, Ankal alias Mannu Sulge Pallo, was carrying a bounty of Rs 6 lakh announced by the Maharashtra government. Also Read | Kolkata Rape Case: BJP Forms Fact-Finding Team To Probe Gang-Rape Case of Law Student, West Bengal Education Minister Seeks Report From Authorities. Ac ...Read More >