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.
Aizawl: Ancient carved memorial stones, also known as menhirs, found in Lianpui village in east Mizoram's Champhai district, have been officially declared a 'monument of national importance' by the Archaeological Survey of India (ASI), officials said on Friday.Lianpui village near the Myanmar border is home to the memorial stones, locally known as Lungphun Ropui. The village is situated 54km southeast of Champhai town near the India-Myanmar border .This is the second megalith site in Mizoram to receive national recognition after 'Kawtchhuah Ropui' or Great Entranceway in Vangchhia village, which hosts over 170 engraved menhirs and is located around 20km south of Lianpui village, they said.The formal notification declaring the Lianpui menhirs as a monument of national importance was issued by the ministry of culture on July 14, following years of research and inspection, they said. These antiquarian artefacts include 114 intricately carved memorial stones, anthropic holes, petroglyphs, Y-shaped wooden posts and ancient pathways.The upright memorial stones at Lianpui bear detailed carvings of human figures, birds, animals, mithun heads, gongs, lizards, and other cultural motifs reflecting the cultural practices of the Mizos before the advent of Christianity, officials said. The largest of such memorial stones measures 1.87 metres in height and 1.37 metres in width. Lianpui village was named after Lusei chief Lianpuia, who reportedly established the village in the 18th century CE.Mizoram's lone Rajya Sabha member K Vanlalvena had informed the Parliament in March that the ASI, after a thorough inspection by experts, had found Lianpui village to possess significant archaeological heritage worthy of national importance.According to officials, the process of declaring the site of national importance began in Feb 2021 with the publication of a preliminary notification in the Gazette of India, marking the commencement of a statutory procedure required under the Ancient Monuments and Archaeological Sites and Remains Act, 1958, for declaring protected monuments.Meanwhile, residents of Lianpui village expressed happiness and thanked the art and culture minister C Lalsawivunga and K Vanlalvena for their efforts towards receiving the ASI's tag. PTI
OCCRP had published news articles against Adani; BJP MP Sambit Patra calls Rahul 'traitor of highest order' After a hiatus of two days, the Winter Session of Parliament plunged into chaos again Thursday, this time due to the ruling BJP targeting Leader of the Opposition Rahul Gandhi and the Congress, accusing them of being part of a plan to "derail" India's economy and "disrupt" its democracy. Senior BJP MP Nishikant Dubey raised the matter in the Lok Sabha, alleging that a "dangerous triangle" ...Read More >
Leader of the House in Rajya Sabha and Union minister JP Nadda on Thursday said that the Chair should not be questioned or criticised about admissibility, calling it contempt of the House and Chairman. He also condemned Mallikarjun Kharge for criticising the Chair in a press conference the day before, calling it wrong. "The Chair cannot be questioned with regard to admissibility or for any other purposes. The Chairman's ruling cannot be questioned or criticised; to do so is contempt of the Hous ...Read More >
New Delhi, Dec 17 (PTI) Congress MP Shashi Tharoor on Tuesday hit out at the government, saying voting at the introduction stage of two bills on simultaneous elections in the Lok Sabha showed the BJP did not have the two-third majority required to pass a constitutional amendment. Two bills that lay down the mechanism to hold simultaneous elections were introduced in the Lok Sabha after a fiery debate on Tuesday. Opposition parties dubbed the draft laws -- a Constitution amendment bill and an ordinary bill -- as an attack on the federal structure, a charge rejected by the government. "We (th ...Read More >
New Delhi [India], December 18 (ANI): Congress MP Pramod Tiwari lashed out at Union Home Minister Amit Shah who has been in the eye of a storm over his remarks on Baba Saheb Ambedkar. The Congress member said that without Ambedkar, Amit Shah would not have been a member of the Lower House of the Parliament. "... If Ambedkar ji was not there, he (Amit Shah) would not have even sat there. There would have been no Lok Sabha, no Rajya Sabha and no Constitution. So this is not only an insult to Baba Saheb Ambedkar but also to the Constitution, Rajya Sabha and Lok Sabha ...," the Congress MP told ...Read More >
The financial repercussions of Parliament disruptions are considerable, impacting both public resources and the productivity of the nation's legislative process. However, both the Lok Sabha and Rajya Sabha have cumulatively functioned for merely 2 hours, with daily disruptions and sloganeering resulting in adjournments. The Rajya Sabha faced disruptions today (December 2) as Vice Chairman Jagdeep Dhankhar expressed discontent over sloganeering by Opposition MPs. The protests, which centered around demands for discussions on key issues, forced the Vice Chairman to adjourn the session until 12 ...Read More >
New Delhi, Dec 4 (PTI) The Rajya Sabha on Wednesday cleared a bill to provide for the regulation of boilers, safety of life and property of persons from the danger of explosions of steam-boilers and uniformity in registration. The Boilers Bill, 2024 seeks to repeal the century old Boilers Act, 1923. Also Read | Naresh Balyan in Trouble: Delhi Police Seeks Arrest of AAP MLA in Fresh Case, Moves Court. The bill, which aims to decriminalise seven offences and promote ease of doing business, was cleared in the Upper House by a voice vote. The bill also provisions to ensure the safety of person ...Read More >
New Delhi [India], December 18 (ANI): Congress MP Manickam Tagore on Wednesday lashed out at Union Home Minister Amit Shah over his remarks on Dr BR Ambedkar, saying that he can't "bulldoze" Ambedkar's legacy which remains a voice for the oppressed communities. "Yesterday, Amit Shah who believes in Manuwaad and who is a follower of Savarkar has expressed his anti-mindset of Ambedkar (anti-Ambedkar mindset)...We will try to say to him 'Ambedkar Jai'...because he can't just bulldoze Ambedkar's legacy. Ambedkar legacy means voice for those oppressed communities of OBCs, SCs and STs, and all othe ...Read More >
Proceedings in both houses of the Parliament came to halt on Wednesday amid protests by Oppostion members over the Adani Bribery controversy, recent violence in Sambhal in Uttar Pradesh and other issues. Lok Sabha proceedings were initially adjourned until 12 noon and later until Thursday, as Opposition members, including those from Congress, protested and sought to raise various issues at the start of the session. Some members from the Congress and Samajwadi Party were in the Well while other Opposition members stood in the aisle and shouted slogans. The Opposition members wanted to discus ...Read More >
New Delhi: Leader of Opposition in Rajya Sabha Mallikarjun Kharge, along with INDIA bloc leaders launched a no-holds-barred attack on the chairman Jagdeep Dhankhar on Wednesday, holding him responsible for the repeated stalling and disruption of the House, apparently over his 'headmaster-type attitude' and treatment of 'Parliament like a school.' In a joint press conference held by Congress and its allies, Mallikarjun Kharge hurled serious accusations at V-P Jagdeep Dhankhar and said, 'The biggest disruptor of the House is the chairman himself.' He accused the Rajya Sabha chairman of partisa ...Read More >
New Delhi: The opposition INDIA bloc formed to take on the BJP led NDA in the 2024 Lok Sabha elections is struggling with internal rift with Jammu and Kashmir Chief Minister Omar Abdullah acknowledging the growing discontent among the alliance partners and asking Congress to justify its leadership role instead of taking it for granted. Suggesting the Congress to raise the issue of raise the issue of restoration of statehood in Jammu and Kashmir, Abdullah said the leadership "has to be earned" and cannot be taken for granted. "By virtue of being the single largest party in Parliament, and als ...Read More >
New Delhi, Dec 18 (VOICE) Prime Minister Narendra Modi on Wednesday launched a blistering attack at the Congress party, accusing it of indulging in every possible dirty trick to obliterate the legacy of Dr. Ambedkar and also humiliate the SC/ST communities. PM Modi's tirade came on back of Congress's demand for the resignation of Home Minister Amit Shah, whom they accused of disrespecting Dr Ambedkar during his speech in the Rajya Sabha. In a series of posts on X, PM Modi lambasted the Congress, claiming the party had a long history of undermining Ambedkar's contributions. "In Parliament, HM ...Read More >
New Delhi: Chaos erupted in political circles after Rajya Sabha Chairman Jagdeep Dhankhar informed the house on Friday that a bundle of cash was found on a seat allotted to senior Congress leader Abhishek Manu Singhvi. "I hereby inform the members that during the routine anti-sabotage check of the chamber after the adjournment of the House yesterday. Apparently, a wad of currency notes was recovered by the security officials from seat number 222 which is presently allotted to Abhishek Manu Singhvi, elected from the state of Telangana..The matter was brought to my notice, and I made sure an in ...Read More >
Panaji, Dec 10 (PTI) Karachi-born Shane Sabastian Pereira entered India to live in his ancestral village in Goa just four months after his birth, but it has taken him 43 years to obtain Indian citizenship. Goa Chief Minister Pramod Sawant on Tuesday handed over the Indian citizenship certificate to the Pakistan-born Christian man under the Citizenship (Amendment) Act. Shane is the second person from the coastal state to receive the certificate, after Joseph Francis Pereira, another Pakistani citizen who was granted Indian citizenship in August this year. Shane, originally from Demello Wado ...Read More >
The Sena UBT chief spokesperson was reacting to Rashtriya Janata Dal chief Lalu Prasad's comment that West Bengal Chief Minister and Trinamool Congress supremo Mamata Banerjee should be allowed to lead the INDIA bloc. Sena (UBT) Rajya Sabha MP Sanjay Raut on Tuesday said that his party was open to discuss if someone outside of the Congress party should lead the Opposition INDIA bloc. Speaking in New Delhi Delhi, Raut said that all the constituents of the INDIA bloc are willing to have a discuss ...Read More >
The BJP has accused Rahul Gandhi of collaborating with "anti-India international forces," citing a Mediapart report on OCCRP's funding and Gandhi's meetings with alleged Modi government critics. The party highlighted the timing of reports critical of India coinciding with parliamentary sessions, including those on farmers, Pegasus, Hindenburg, and the BBC documentary.BJP on Thursday accused Lok Sabha's Leader of Opposition Rahul Gandhi of colluding with 'anti-India international forces'. The ruli ...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 >
CHENNAI: The Dravida Munnetra Kazhagam (DMK) has issued a whip ordering its party MPs to attend the Lok Sabha sessions on December 13 and 14 (today and tomorrow), as some important legislative business is likely to be discussed, said a Daily Thanthi report. They have been asked to be present in the lower House ahead of the rare Constitution debate which is all set to take place in the Lok Sabha on December 13 and 14, and in the Rajya Sabha on December 16 and 17. The discussion is being held to commemorate the 75th anniversary of adoption of India's Constitution. The Bharatiya Janata Party (B ...Read More >
Mumbai, Dec 17 (PTI) Senior NCP leader Chhagan Bhujbal on Tuesday launched a veiled attack on party president Ajit Pawar over his exclusion from the new council of ministers, claiming Maharashtra Chief Minister Devendra Fadnavis was in favour of his induction in the cabinet. He said Ajit Pawar, the NCP president, makes decisions for the party like Fadnavis for the BJP and Eknath Shinde for the Shiv Sena. Amid speculation over his "Jahan nahi chaina, wahan nahi rehna" remark a day before, Bhujbal said he would speak on Wednesday after discussing with NCP workers and people from the Yeola cons ...Read More >
New Delhi, Dec 18 (PTI) Leader of Opposition in the Lok Sabha Rahul Gandhi on Wednesday said the country will not tolerate Babasaheb Ambedkar's insult and demanded that Home Minister Amit Shah should apologise for his remarks in the Rajya Sabha. Several MPs of the INDIA bloc, including Congress leaders Mallikarjun Kharge and Rahul Gandhi, staged a protest in Parliament premises demanding Shah's apology for his remarks which they claimed were an insult to B R Ambedkar. Sharing pictures from the protest, Gandhi said in a Facebook post in Hindi, "Baba Saheb is the architect of the Constitution, ...Read More >
INDIA bloc MPs, donning black jackets with slogans like "Modi Adani Ek Hai", protested at Parliament demanding a joint probe into the Adani issue. Priyanka Gandhi Vadra accused PM Modi of evading discussion on the "Adani mega scam" while defending Adani's alleged corruption. Rahul Gandhi asserted that Modi won't investigate Adani as it would be like investigating himself.Congress leader Priyanka Gandhi Vadra Thursday said the country's people want the "Adani mega scam" to be discussed in Parliame ...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 >
Chennai (Tamil Nadu) [India], December 18 (ANI): Tamil Nadu Chief Minister MK Stalin, responding to Union Home Minister Amit Shah's remark on Ambedkar, asserted that those who care about country will mention the name of Ambedkar. "Only those who commit the most sins should worry about virtue. Those who care about the country, the people, and the security of the Constitution will only mention the name of the revolutionary Ambedkar! It must be mentioned!" CM Stalin wrote on X. This comes after Amit Shah, in his address in the Rajya Sabha at the conclusion of a two-day discussion in Rajya Sabha ...Read More >
Kolkata (West Bengal) [India], December 18 (ANI): Kolkata Police on Wednesday detained Congress workers as they held a protest against Union Minister Amit Shah's statement on Bharat Ratna BR Ambedkar in the Rajya Sabha. The Congress party is conducting protests across all states, targeting the government on these issues and demanding action and accountability. Also Read | Umar Khalid Gets 7 Days Interim Bail in Delhi Riots Conspiracy Case To Attend Cousin's Wedding. Earlier, the Leader of the Opposition in the Lok Sabha Rahul Gandhi slammed the Bharatiya Janata Party over Amit Shah's remark ...Read More >
Mumbai, Jan 10 (PTI) Shiv Sena (UBT) leader Sanjay Raut on Friday said it was the responsibility of the Congress to keep the INDIA bloc intact as it was the largest party in the opposition alliance. Raut's statement came in the backdrop of Jammu and Kashmir Chief Minister Omar Abdullah's remarks expressing dismay over the lack of clarity on INDIA bloc leadership and agenda, and saying the alliance should be wound up if it was meant only for the 2024 parliamentary elections. "If the alliance partners feel the INDIA bloc was only for the Lok Sabha polls and doesn't exist now, the Congress is t ...Read More >
New Delhi, Dec 4 (PTI) With funds under the flagship MGNREGS stalled for West Bengal for more than two years now, Rural Development Minister Shivraj Singh Chouhan on Wednesday said the Centre is not discriminating against the state, which he blamed for not complying with the Union government's directives. The funds for West Bengal under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) have been stopped since March 2022 due to non-compliance of directives of the Central government, according to the Ministry of Rural Development. Asked what is the way forward, Chouhan sa ...Read More >
New Delhi, Dec 6 (VOICE) The discovery of wads of currency in Rajya Sabha, from seat no. 222 belonging to Congress MP Abhishek Manu Singhvi, sparked verbal exchanges between the Opposition and treasury benches on Friday.A host of BJP lawmakers, led by Leader of House J.P. Nadda termed it a 'blow and blemish' on the House's integrity and called for a detailed investigation. Congress members were visibly livid over the revelation of its MP's name and questioned the intentions of the government. Abhishek Manu Singhvi, the lawmaker in the eye of the storm, said he was astonished to see a bizarre i ...Read More >
Tamil Nadu Chief Minister and DMK president M.K. Stalin on Wednesday (December 18, 2024) said only those who care about the country, its people, and safeguarding the Constitution would take the name of revolutionary B.R. Ambedkar. "They must utter the name of Ambedkar," he added. His remarks come amid the uproar in Parliament over Union Home Minister Amit Shah's reference to Dr. B. R. Ambedkar in his speech in the Rajya Sabha on Tuesday (December 17, 2024) while replying to the debate on the Constitution. Uproar over Amit Shah's 'fashion' remark on Ambedkar; both Houses adjourned till 2 p.m. ...Read More >
New Delhi: Prime Minister Narendra Modi on Wednesday defended Amit Shah's remarks on Babasaheb Ambedkar and said that Shah exposed Congress' dark history of insulting Ambedkar after which they are clearly stung and stunned by the facts he presented. In a series of posts on X, PM Modi said that Congress sat in power for years but did nothing to empower the Scheduled Caste and Scheduled Tribe communities. "In Parliament, Amit Shah Ji exposed the Congress' dark history of insulting Dr Ambedkar and ignoring the SC/ST Communities. They are clearly stung and stunned by the facts he presented, whic ...Read More >
Hyderabad, Dec 18 (PTI) Alleging that the country's reputation was "hurt" following the indictment of Gautam Adani in a US court, Telangana Chief Minister A Revanth Reddy on Wednesday said Prime Minister Narendra Modi is trying to protect the industrialist. The chief minister, who participated in a 'Chalo Raj Bhavan' here as per a call given by the AICC, said the Congress government is ready to pass a resolution in the Assembly seeking JPC on the Adani issue if the opposition BRS extends support. Congress and the INDI Alliance demanded a Joint Parliamentary Committee (JPC) investigation into ...Read More >