Abtak Logo

Business News

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.

27
BusinessJul 18, 2025 07:12 AM

Eviction Clash In Assam's Goalpara Leaves One Dead, Several Injured; CM Warns Of Legal Action

Guwahati, July 17: One person died and several others, including forest and security personnel, were injured after clashes broke out between evictees and forest officials during an eviction drive at Bidyapar in the Krishnai range of the Paikan Reserved Forest in Goalpara district on Thursday morning. The deceased has been identified as Shaquar Hussain, a 22-year-old local resident. At least three evictees, one police personnel, and a few forest guards also sustained serious injuries after evictees clashed with the security forces and allegedly attempted to damage excavators. Another seriously injured youth, Kusumuddin Sheikh, was rushed to Guwahati Medical College and Hospital (GMCH) for treatment. Tensions escalated on Thursday morning when police personnel and Forest Department officials arrived to clear about 140 bighas of forest land allegedly encroached upon by illegal settlers. Initially, the drive was peaceful, but tensions flared after evictees reportedly began pelting stones and resisting the operation by trying to damage excavators. To bring the situation under control, police fired shots in the air. Locals suspect that Hussain may have been hit by one of the bullets. "The police followed due protocol. When attacked with stones, they had to respond. Reports suggest that not all who joined the protest were local residents -- some came from neighbouring areas whose lands aren't even part of this eviction. Many of our personnel have sustained injuries," said Prodip Timung, Deputy Commissioner of Goalpara. Meanwhile, Chief Minister Himanta Biswa Sarma has issued a stern warning, stating that anyone attacking police personnel will face legal consequences. "Once the eviction is completed, we plan to undertake afforestation in the cleared areas. Anyone attacking police personnel will face legal action. Our aim in Paikan is to reclaim forest land and restore it to its natural state," the Chief Minister said. The eviction drive in Paikan began on July 12 and aims to clear forest encroachments involving around 2,000 families.

Comments

Similar News

26
HealthNov 26, 2024 02:42 PM

Jaipur to become beggar-free district: Official

aipur, Nov 25 ( IANS) Jaipur District Collector Jitendra Kumar Soni on Monday instructed the departmental officials to make every possible effort with mutual cooperation and coordination to make the district beggar-free. He directed to ensure effective rehabilitation of people involved in beggary so that such persons leave begging and start a respectable life on the basis of their skills and hard work. The district collector held a meeting on Monday in the Collectorate Auditorium regarding the rehabilitation of people involved in beggary. As the Rising Rajasthan Global Investment Summit wil ...Read More >

27
1
PoliticsNov 26, 2024 08:49 PM

Assam Celebrates Constitution Day: A Tribute to India's Democratic Essence | Headlines

Assam's 75th Constitution Day highlighted the importance of the Indian Constitution, with CM Himanta Biswa Sarma commemorating the contributions of freedom fighters and Dr. BR Ambedkar. The event, held in Guwahati, underscored the Constitution's reflection of India's cultural heritage and its role in ensuring equality, freedom, and justice for all citizens. Assam Chief Minister Himanta Biswa Sarma participated in the 75th Constitution Day celebrations in Guwahati, emphasizing the significance of the Indian Constitution. This annual observation, assigned by Prime Minister Narendra Modi in 2015 ...Read More >

31
1
BusinessNov 26, 2024 08:45 PM

CM Naidu Proposes Deep-Tech Centre in Amaravati

Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...Read More >

40
PoliticsJan 17, 2025 10:22 PM

CM Sarma unveils mobile application for 'Advantage Assam' summit - Weekly Voice

Guwahati, Jan 17 (VOICE) Chief Minister Himanta Biswa Sarma on Friday launched a mobile application for the upcoming investor summit 'Advantage Assam' in the state. He has also reviewed the progress of preparations for this ambitious initiative of the state government. "The Advantage Assam app is available for different platforms," the Chief Minister said. He has encouraged people to install this mobile application to know more about the upcoming event. Meanwhile, minister Pijush Hazarika said that the biggest investors' and infrastructure summit of North East #AdvantageAssam2.0 is schedul ...Read More >

24
BusinessJan 22, 2025 09:04 PM

"Unfortunate:" Maharashtra Dy CM Eknath Shinde on the Pushpak Express accident

Mumbai (Maharashtra) [India], January 22 (ANI): Maharashtra Deputy Chief Minister Eknath Shinde called the Pushpak Express accident "unfortunate" and said that he has spoken with the collector and officials over the same. "The Jalgaon incident is very unfortunate. I have collected details on it. I have spoken with the collector and officers. The injured have been admitted to the hospital. A rescue operation is underway at the spot. The government is providing all help to everyone," said the deputy CM. Notably, the death toll in the Jalgaon train accident has risen to 11, with six others inju ...Read More >

26
PoliticsFeb 07, 2025 02:09 PM

Over 500 govt schools to be upgraded at ₹7-10 crore each: Himanta

Guwahati, Feb. 7: Assam Chief Minister Himanta Biswa Sarma on Friday spoke about the state undergoing a major transformation in public education with more than 500 higher and higher secondary schools being upgraded. Taking to a microblogging website, the Chief Minister shared on Friday that the schools are being upgraded at ₹7-10 crore each. The Chief Minister also laid the foundation stone of a new block for the upgradation of the Palashbari Anchalik High School into a National Model School of Excellence under the PM SHRI scheme at Agchia, Majirgaon, Palashbari. Addressing the press on Fri ...Read More >

27
PoliticsJun 05, 2025 08:43 PM

Assam CM inaugurates Olympic medallist Lovlina Borgohain's Boxing Academy in Guwahati

Guwahati, June 5 (SocialNews.XYZ) Assam Chief Minister Himanta Biswa Sarma, and Olympic medallist Lovlina Borgohain inaugurated the Lovlina Borgohain Boxing Academy in Barchandra, North Guwahati. This inauguration marks a significant milestone in Borgohain's vision to empower youth and cultivate world-class boxing talent from the grassroots level in the northeast. The academy, a first of its kind in Guwahati, aims to provide aspiring boxers with top-tier infrastructure and expert guidance to achieve their dreams. The academy is strategically located in Barchandra, North Guwahati, and boasts a ...Read More >

29
OtherPoliticsBusinessTechnologyJun 05, 2025 08:51 PM

Assam Congress seeks CBI probe into illegal mining

Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. "Large-scale illegal stone mining is taking place in the hills of Karbi Anglong in violation of the Supreme Court order. The SC had banned mining in and around K ...Read More >

26
PoliticsJun 05, 2025 11:13 PM

Bengaluru Stampede: CM suspends police commissioner, orders arrest of representative of RCB and others after FIR

Bengaluru, June 5 (PTI) In a major development, Karnataka Chief Minister Siddaramaiah on Thursday suspended Bengaluru police commissioner B Dayananda and several other senior police officials in connection with the stampede outside the Chinnaswamy Stadium that killed 11 people. He also ordered the arrest of representatives of the RCB team, the event management firm DNA Entertainment Private Limited, and the Karnataka State Cricket Association (KSCA), hours after an FIR was registered against them under various charges, including culpable homicide not amounting to murder. The state government ...Read More >

30
PoliticsJun 06, 2025 12:29 AM

Sarma: Neotia centre will benefit NE states | Guwahati News - Times of India

Guwahati: Chief minister Himanta Biswa Sarma announced a massive healthcare infrastructure overhaul for Assam, while inaugurating the Neotia Bhagirathi Woman and Childcare Centre (NBWCC) in Guwahati here on Thursday.During the event, the Assam CM revealed plans to invest Rs 4000 crore in expanding the Gauhati Medical College & Hospital (GMCH) into a 5000-bed facility.He also praised the newly-inaugurated NBWC centre saying that he was happy that the group had invested in Assam " I am sure that the people of Assam, along with other northeastern states, will immensely benefit from this venture o ...Read More >

27
PoliticsDec 05, 2024 02:34 PM

Assam's Move To Ban Beef At Restaurants Triggers Big Political Row As Govt, Opposition Spar - News18

Assam Beef Ban: A political row has erupted over the Assam government's decision to ban the public consumption of beef in the state with the Opposition labelling it "against the right to freedom" while the ruling BJP lauding the state Cabinet's call. Assam Chief Minister Himanta Biswa Sarma had announced on Wednesday that his government has decided to ban the consumption of beef in restaurants, hotels and public places, drawing sharp reactions from the Opposition. Samajwadi Party MP Iqra Hasan ...Read More >

30
PoliticsDec 10, 2024 05:02 PM

Seven killed in major road accident in Hathras; CM Yogi expresses grief - Weekly Voice

Hathras, Dec 10 (VOICE) At least seven people lost their lives in a major road accident near Jaitpur village on the Bareilly-Mathura road in Uttar Pradesh's Hathras district on Tuesday. A collision between a container truck and a passenger vehicle, commonly referred to as a 'Magic,' resulted in the fatalities. Several others sustained injuries and were rushed to nearby hospitals, officials said. Chief Minister Yogi Adityanath expressed grief over the loss of lives and extended condolences to the bereaved families. He directed district authorities to ensure proper treatment for the injured an ...Read More >

35
PoliticsEntertainmentDec 12, 2024 06:28 PM

Tamil Nadu, Kerala Always Supported Each Other: Pinarayi Vijayan Dedicates Periyar Memorial To Nation

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 >

37
PoliticsBusinessJan 10, 2025 03:53 PM

Assam mining tragedy: 'Sardar' of labourers held, dewatering exercise underway

Guwahati, Jan 10 (PTI) The 'sardar' of workers of the coal mine in Assam's Dima Hasao district, where eight miners remained trapped, was arrested, even as a dewatering exercise continued in the quarry to facilitate the resumption of rescue operations, police said on Friday. The fate of the trapped miners appeared to be grim with personnel involved in the rescue operations racing against time to bring them out of the ill-fated quarry, while the body of one labourer, hailing from Nepal, has been recovered from there, an official said. "The 'sardar' (head) of the miners, who had fled the quarry ...Read More >

36
BusinessMay 27, 2025 01:51 PM

Assam: Drugs worth Rs 3.5 cr seized in Cachar

Guwahati, May 27 (UNI) In its continued operation against the drugs, the police in Assam's Cachar district have seized heroin worth Rs. 3.5 crore during an operation and arrested one paddler. An Assam police spokesperson said this on Tuesday adding that a pistol was also recovered from the paddler. The seized drugs were recovered during an operation based on tip off given by the Assam Rifles Field Intelligence Unit, he said adding that the consignment included 648 gms of heroin. It may be mentioned here that last week, the Cachar police raided some locations near ISBT in Silchar and recover ...Read More >

38
PoliticsMay 27, 2025 02:48 PM

Karnataka govt to act against BJP MLC Ravikumar for derogatory remarks against IAS officer: DK Shivakumar

Bengaluru (Karnataka) [India], May 27 (ANI): Karnataka Deputy Chief Minister DK Shivakumar on Tuesday said that the State government will take action against BJP MLC N Ravikumar for his derogatory comments against Kalaburagi Deputy Commissioner. Shivakumar said that many IAS officers had met him on this issue, and they were all enraged by the BJP MLC's comments. 'Since morning, more than half a dozen IAS officers have met me. They are all in a very agitated mood. The law will take its course. The government will take action,' Shivakumar told ANI. He wanted the BJP leadership to react to the ...Read More >

20
PoliticsJun 02, 2025 02:54 PM

Mizoram schools shut for third day due to rain

Aizawl, June 2 (SocialNews.XYZ) All the government and private schools in Mizoram remained closed on Monday due to heavy rains that triggered landslides, rockfalls, and waterlogging in different parts of the mountainous state, officials said. A senior official of the School Education Department said that Deputy Commissioners of all 11 districts issued separate notifications closing the schools on Monday as a precautionary measure to ensure the safety of the students. After the beginning of the current spell of heavy rain, earlier, schools were closed across the state for two days on May 29 a ...Read More >

30
PoliticsJun 05, 2025 05:50 PM

Caste census to benefit Assam's indigenous Muslim community: Himanta

Guwahati, Jun 5 (PTI) Assam Chief Minister Himanta Biswa Sarma on Thursday said that the caste census will greatly benefit the indigenous Muslim community living in both the Brahmaputra and Barak Valley in the state. The Centre on Wednesday announced that India's 16th Census with caste enumeration will be carried out in 2027. The indigenous Muslim communities of Assam have been demanding for a long time, a caste-based census to assert their distinct socio-cultural identities, the chief minister said on the sidelines of the World Environment Day programme here. ''The proposed caste enumerati ...Read More >

24
PoliticsDec 05, 2024 01:51 PM

Assam govt's beef ban in public places lauded by BJP leaders - Weekly Voice

New Delhi, Dec 5 (VOICE) The Assam government's decision to impose a complete ban on the consumption of beef in public places, including hotels and restaurants, has garnered positive reactions from other BJP leaders. In Chhattisgarh, Cabinet Minister Tankaram Verma welcomed the move, stating, "In our country, cows are revered as Gau Mata. From birth to death, their importance in our lives is unparalleled, even during final rites where cow urine is used. I wholeheartedly support this decision by the Assam government and congratulate them for taking such a step." Similarly, Uttar Pradesh's Min ...Read More >

34
PoliticsDec 12, 2024 05:46 PM

NRC-Like Document Needed To Check Infiltration: Assam CM Biswa Sarma In Puri | Odisha

Bhubaneswar: Assam Chief Minister Himanta Biswa Sarma has emphasized the need for a nationwide document, similar to the National Register of Citizens (NRC), to distinguish between Indian citizens and infiltrators. Speaking to reporters after offering prayers at Shree Jagannath Temple in Puri, Biswa Sarma stated that the Assam government has decided to make NRC registration mandatory for obtaining an Aadhaar card, with applicants' names not featured in the NRC being ineligible for the card. "I desire that NRC-type documents should be prepared so that we can easily differentiate who are Indian ...Read More >

21
BusinessJan 28, 2025 11:44 PM

'Hopeful of Centre introducing 125th amendment bill' | Guwahati News - The Times of India

Guwahati: Assam chief minister Himanta Biswa Sarma on Tuesday said he is optimistic that the Centre will introduce the 125th Constitution Amendment Bill in the coming budget session of Parliament. The bill aims to amend Article 280 of the Constitution enabling the Finance Commission to recommend measures needed to augment the consolidated fund of states to supplement resources of the Sixth Schedule autonomous councils, that includes the Bodoland Territorial Council. Speaking to media during an event commemorating five years of the Bodo Peace Accord of 2020 in Kokrajhar, Sarma said that the sta ...Read More >

28
OtherJun 05, 2025 08:11 PM

HP govt to give 6 lakh stainless steel water bottles to school students to curb plastic use: CM

Shimla, June 5 (PTI) Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday announced that six lakh stainless steel water bottles would be distributed among school students across the state as an initiative against plastic use. Presiding over the state-level World Environment Day function here, he said that the state government's top priority is environmental protection and concrete measures are being taken to control plastic pollution. Sukhu said that regulations related to plastic use have been made quite stringent and consistent efforts are being made to increase public awaren ...Read More >

35
PoliticsJun 05, 2025 08:55 PM

India News | Assam Congress Seeks CBI Probe into Illegal Mining | LatestLY

Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. Also Read | World Environment Day 2025: Italian Deputy PM Antonio Tajani Lauds PM Narendra Modi's 'Ek Ped Maa Ke Naam' Initiative (See Pics and Video). "Large-s ...Read More >

24

Haridwar Woman Politician Arrested For Allegedly Making Boyfriends Rape 13-Year-Old Daughter

Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...Read More >

36
PoliticsDec 05, 2024 02:22 PM

Arunachal inks pact with Army for upkeep of museum of valour in Tawang

Itanagar, Dec 5 (PTI) The Arunachal Pradesh government has inked a memorandum of agreement (MoA) with the Indian Army for the maintenance and upkeep of the Major Ralengnao Bob Khathing Museum of Valour in Tawang district. The memorandum was signed by Tawang Deputy Commissioner Kangki Darang and Brigadier VS Rajput of the 190 Mountain Brigade on Wednesday in the presence of Chief Minister Pema Khandu. With this agreement, the museum will be effectively managed solely by the Indian Army, an official statement said here on Thursday. On the occasion, Khandu paid tributes to Sardar Vallabhbhai P ...Read More >

26
PoliticsDec 12, 2024 06:34 PM

'One nation, one election' will clear path for development: Assam CM

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 >

20
OtherDec 17, 2024 04:23 PM

Preparations on for President Droupadi Murmu's visit to AIIMS-Mangalagiri

Extensive preparations are on in Mangalagiri for the first-ever convocation of AIIMS, scheduled for December 17, where President Droupadi Murmu will be the chief guest. District Collector S. Nagalakshmi, along with AIIMS director Madhabananda Kar, Joint Collector A. Bhargav Teja and Tenali Sub-Collector V. Sanjana Simha, held a review meeting with AIIMS officials and other district officers on Thursday evening at the AIIMS auditorium to oversee the arrangements. During the meeting, Collector Na ...Read More >

19
PoliticsJan 28, 2025 11:32 PM

Section of Bangladeshi establishment with ISI planning militancy in Assam: CM Sarma - Weekly Voice

Kokrajhar (Assam), Jan 28 (VOICE) Assam Chief Minister Himanta Biswa Sarma said on Tuesday that there are several reports that some sections of Bangladeshi establishment are trying to revive militancy in Assam with the help of Pakistan's Inter-Services Intelligence (ISI). He was in Bodoland (Kokrajhar) to commemorate five years of the 2020 Bodo Peace Accord. On this occasion, he said that for the last three-and-a-half years, there was not even a political agitation in Bodoland. After the accord peace is prevailing there, he added. CM Sarma said, "The situation in Bangladesh is not good. We ...Read More >

32
PoliticsFeb 10, 2025 11:58 PM

Congress government will scale new heights in job creation: Uttam

Karimnagar: The state government is making significant progress in tackling the unemployment problem, while simultaneously fostering regional development, said irrigation minister N. Uttam Kumar Reddy, Karimnagar district in-charge, here on Monday. He was addressing a rally that was taken out by the Congress for the Graduate MLC seat candidate V. Narendar Reddy from SRR College grounds to the collectorate, where he filed his nomination papers. Present on the occasion were TPCC chief B. Mahesh Kumar, ministers Duddilla Sridhar Babu, Ponnam Prabhakar, Konda Surekha, Seethakka and Jupally Krish ...Read More >

21
OtherDec 11, 2024 05:17 PM

Four school students drown at Karnataka's Murudeshwar beach, CM announces ₹5 lakh ex-gratia

Also Read - Bengaluru likely to see heavy rainfall and thunderstorms from December 8, predicts IMD A group of 46 students and six teachers from Morarji Desai Residential School, Mulabagilu in Kolar district visited Murudeshwar on Tuesday as part of their school trip. According to the police, around 5.30 pm, the teachers, along with the students went to the beach. Despite warnings from lifeguards, seven students ventured into the sea. The sea was rough, and three girls were swept away by the cu ...Read More >