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.
Mysuru: Food and civil supplies minister KH Muniyappa on Friday directed the department officials to complete e-KYC of all ration card beneficiaries within a month.He spoke after reviewing the progress meeting with Mysuru divisional level officers of the food, civil supplies, legal metrology, and consumer affairs department held at the office of the deputy commissioner in the city.He issued directions to officers to give another month for the completion of e-KYC to the beneficiaries of ration card holders. Officials may stop the supply of foodgrains to beneficiaries who do not complete the e-KYC process even after one month of the deadline.He asked the officials to constitute vigilance committees at the district level to ensure the proper distribution of foodgrains to beneficiaries.The minister also gave directions to ensure all safe measures for the foodgrains stored in warehouses after buying from farmers under the minimum support price scheme.Speaking on the occasion, secretary for food and civil supplies Manojkumar Jain said that the department initiated measures to give additional charges to food inspectors until vacant posts are filled by the govt in various taluks. Revenue inspectors may also be given additional charge as food inspectors.He also asked the officials to supply ration every month to beneficiaries in hilly areas, even for 15 cards, at their doorstep in Chamarajanagar district.Food commissioner Vasireddy Vijaya Jyotsna said they asked the officials to give relaxation for e-KYC for single beneficiaries of ration card holders.Legal metrology controller MSN Babu and food commissioner MK Jagadeesh were present.
Navi Mumbai: The father of a three-day-old girl who was found abandoned in a blue basket outside Navi Mumbai's Panvel wad traced and detained on Sunday, the police said. According to them, the infant's parents were not financially stable enough to raise her. Due to this, the couple decided to give up the baby to an orphanage that could look after her, reported PTI. However, the Navi Mumbai police's crime branch traced the infant's father, Aman Iqbal Kondkar, a resident of Thane's Bhiwandi, within 24 hours, an official said. ...Read More >
Bengaluru: Deputy Chief Minister DK Shivakumar, while asserting that Vokkaligas and Lingayats were considered OBCs at the national level, said that the OBC Advisory Council meeting was being held to uplift the Backward Classes. He was speaking to reporters at Bijjahalli in Kanakapura taluk. The Deputy Chief Minister said, "There are many wings in the party for various sections of society like minorities, SC/ST, etc. Jains and Sikhs are also part of minority wing. The BJP gets restless if it doesn't raise issues like this." He was replying to a question on BJP leaders' criticism that Siddar ...Read More >
Chhattisgarh's Economic Offences Wing (EOW) and Anti-Corruption Bureau have filed a fourth supplementary charge sheet against 29 people in a special court in Raipur in connection with the alleged illegal sale of unaccounted and duty-evaded liquor through state-run outlets. The liquor is alleged to have been sold under the protection and coordination of officials, including assistant district excise officers, deputy commissioners. In a statement on Monday, the EOW said that the fresh charge sheet was filed based on digital evidence, financial records, and over 200 witness statements gathered ...Read More >
New Delhi, Jul 15 (PTI) As Tesla announced its foray into the Indian market on Tuesday, Liberty General Insurance and ACKO said they have become insurance partners for the American electric carmaker in India. Liberty General Insurance said it has developed a suite of finely tuned protection plans that complement Tesla's engineering and performance excellence while anticipating the distinct needs of EV users. Also Read | Ganeshotsav 2025: MSRTC To Run 5,000 Special Buses to Konkan From August 23 to September 7, Transport Minister Pratap Sarnaik Announces; Group Bookings Start July 22. "At Li ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the report, e-commerce also rose significantly, led by increased shopper penetration and spending, especia ...Read More >
NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >
New Delhi: Central and state governments collected ₹1.85 trillion in Goods and Services Tax (GST) revenue in June, reporting a 6.2% annual improvement, although the revenue receipt was the lowest in four months. The moderation from the more than ₹2 trillion-level seen in the first two months of the current financial year comes on account of a sharp reduction in tax collection from domestic transactions. GST on imported items also witnessed some moderation in June. However, cumulatively, in the first quarter, Central and state governments collected ₹6.2 trillion before tax refunds, an improve ...Read More >
Amritsar: BJP MP Nishikant Dubey from Jharkhand has claimed that Britain assisted India in executing the 1984 Operation Bluestar at the Golden Temple in Amritsar, stoking a new controversy.In a post on X on Monday, Dubey alleged that then PM Indira Gandhi "launched an attack on the Golden Temple in collaboration with Britain", with British Army officers present in Amritsar.He uploaded a classified British document, "Sikh Community", claiming that on Feb 23, 1984, the UK Foreign and Commonwealth Office mentioned in a letter that the Indian govt had sought British advice over a plan to remove Si ...Read More >
CHENNAI: Chief Minister MK Stalin on Monday inaugurated 729 houses built at a cost of Rs 38.76 crore for Sri Lankan Tamils living in Sri Lankan rehabilitation camps in Keezhputhupattu (Villupuram district); Thirumurthi Nagar (Tiruppur district); Thammampatti (Salem district); Nagavathi dam and Kesaikuli dam (Dharmapuri district); and Kandiyapuram (Virudhunagar district). A release said the CM had announced that 7,469 new houses will be built instead of old houses for Lankan Tamils in 26 districts. In the first phase, orders were issued for building 3,510 houses in 35 camps located in 19 distr ...Read More >
New Delhi, Aug 28 (PTI) India's gains from importing discounted Russian oil are estimated to be just USD 2.5 billion per annum, significantly lower than the previously speculated range of USD 10-25 billion, a research report said on Thursday. Stopping Russian oil imports would force India, the world's third-largest oil importer and consumer, to rely on limited alternatives, potentially driving global crude prices up to USD 100 per barrel amid rising demand and tight supply. "Benefit from Russian oil imports is way less than exaggerated media numbers," brokerage CLSA said in a report. While ...Read More >
Medak: Telangana State BJP President N. Ramchander Rao on Friday appealed to the people to give the committed party an opportunity to meet the aspirations of the poor and downtrodden. Addressing a large gathering of party workers in Medak, the BJP chief remarked that citizens have experienced the rule of the BRS and the Congress party and have had bitter experiences with the deceitful practices of both. He urged people to support the BJP wholeheartedly in the upcoming local body elections as a way to teach the ruling Congress party a lesson for its unfulfilled promises. Rao emphasized that t ...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 >
Guwahati, Jul 15 (PTI) Congress president Mallikarjun Kharge and Leader of Opposition in Lok Sabha Rahul Gandhi will visit Assam on Wednesday during which they will interact with party functionaries of the state. State Congress chief Gaurav Gogoi said the district, block and mandal presidents of the party will be able to present their views before its top leadership during Kharge and Gandhi's visit. Also Read | Did Lucknow Court Judge Take Selfie With Rahul Gandhi During Hearing of Indian Army 'Defamation' Case? BJP's Amit Malviya Found Fake in Fact Check. "I look forward to welcoming Shri ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in a civil dispute between the parties by filing a first information report and seeking the help of the ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >
Gandhinagar (Gujarat) [India], September 5 (ANI): Addressing teachers at the state-level Teacher Award Ceremony organized by the Education Department in Ahmedabad on Friday, Gujarat Chief Minister Bhupendra Patel urged teachers to instill in students from childhood the values of Swadeshi and "Nation First," to help realize the Prime Minister Narendra Modi's vision of Atmanirbhar Bharat, stated a release. He noted that today's child is tomorrow's citizen, making this a vital responsibility of teachers. The CM honoured 30 teachers from across the state with the 'Best Teacher Award', and certif ...Read More >
Mumbai city (area under BMC jurisdiction) recorded 12,070 property registrations in September against 9,111 units in the same month last year, marking a 32% YoY (year-on-year) increase, it said, pointing out that stamp duty collections touched ₹1,292 crore, up 47% YoY. The rise in registrations was due to the shifting festive calendar. Last year, property activity was subdued during the inauspicious Shraddh period (September 17-October 2, 2024), whereas this year it fell earlier (September 7-21, 2025). This effect was offset by Navratri, which began on September 22 and continues through Octob ...Read More >
Winds with speeds of 90-100 km/h are expected, with the cyclone's impact likely to begin from Sunday With the India Meteorological Department (IMD) forecasting that Cyclone Montha is likely to cross the Andhra Pradesh's Kakinada coast on October 28, the state's Chief Secretary K Vijayanand has instructed all district collectors and officials to remain on high alert and take all necessary precautionary measures. He held a teleconference with officials on Saturday to review the state's preparedne ...Read More >
Bengaluru: Karnataka BJP has alleged that the state government has illegally obtained 31 plots and is engaged in land grabbing instead of providing houses to the poor and land to the landless. The party has also released purported documents in this regard and demanded that all these sites be taken back. Addressing a press conference at the BJP state office, Jagannath Bhavan, in Bengaluru on Tuesday, Leader of the Opposition in the Legislative Council Chalavadi Narayanaswamy made the statement in this regard and said the government has no authority to allot sites at the taluk, district, manda ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
Bengaluru: For millions of people, the sudden, sharp pain of tooth due to sensitivity can turn a sip of cold water into a jolt. Now, researchers at Indian Institute of Science (IISc), in collaboration with Bengaluru-based deep-tech startup Theranautilus, have engineered "CalBots" - magnetic nanobots that can seal the problem at its source.As per IISc, CalBots are 400-nanometre particles loaded with a calcium silicate-based bioceramic formula, designed to travel 500 micrometres deep inside dentinal tubules, the tiny tunnels in the tooth that lead to nerve endings. Guided by an external magnetic ...Read More >
Gandhinagar (Gujarat) [India], September 5 (ANI): Addressing teachers at the state-level Teacher Award Ceremony organized by the Education Department in Ahmedabad on Friday, Gujarat Chief Minister Bhupendra Patel urged teachers to instill in students from childhood the values of Swadeshi and Nation First, to help realize the Prime Minister Narendra Modi vision of Atmanirbhar Bharat, stated a release. He noted that today child is tomorrow citizen, making this a vital responsibility of teachers. The CM honoured 30 teachers from across the state with the Best Teacher Award, and certificates wer ...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 >
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 >
Bengaluru, 29 September 2025: Axis Bank, one of the largest private sector banks in India, in collaboration with Freecharge, has unveiled Credit on UPI with Gold Loans - India's first gold-backed credit line accessible through the Unified Payments Interface (UPI). This innovative product is designed to unlock the economic potential of gold assets, especially for micro, small and medium enterprises (MSMEs), self-employed entrepreneurs and merchants across both urban and rural India. Credit on UPI with Gold Loans enables customers to access instant credit against their gold holdings. The produc ...Read More >
The stage is all set for the deployment of licensed surveyors to ensure effective revenue administration at the grassroots level in Telangana. Chief Minister A. Revanth Reddy will hand over licences to the surveyors who underwent training after being selected for the job, on October 19. Ushering in significant changes in revenue administration, the State Government called for applications from interested persons for the posts of licensed surveyors and received 10,000 applications. Of them, train ...Read More >
"The system is currently moving towards north Tamil Nadu, Puducherry, and south coastal Andhra Pradesh, and is expected to strengthen further as it approaches land by Thursday morning," a weather bulletin from the IMD said. The IMD sounded a red alert in Prakasam, YSR Kadapa, SPS Nellore, Annamayya, Tirupati, and Chittoor districts; orange alert in Kurnool, Nandyal, Anantapur, and Sri Sathya Sai districts and yellow alert in Palnadu. The Andhra Pradesh State Disaster Management Authority (APSDM ...Read More >
Rajasthan Anti-Corruption Bureau (ACB) found ₹9.35 lakhs cash in Jhalawar Additional Superintendent of Police (ASP) Jagram Meena's vehicle at Shivdaspura Toll, Jaipur. A statement by the Rajasthan ACB said that on the orders of the Rajasthan ACB Headquarters, a vehicle of Jhalawar Additional SP Jagram Meena was checked by the ACB team at Shivdaspura Toll. ₹9.35 Lakhs were found in his vehicle in the surprise check. More details are awaited in the case. Meanwhile, according to a press release by the Rajasthan ACB, in Sawai Madhopur, Senior Assistant of the Tehsil Office, Gangapur City, Jai S ...Read More >