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.
Bengaluru: The suspension of IPS officer Vikash Kumar Vikash following the June 4 stampede outside Chinnaswamy Stadium came under fresh scrutiny Friday, with his counsel arguingthe state govt's position in court contradicts its own actions.Senior advocate Dhyan Chinnappa, appearing for Vikash, told a division bench that while the govt has maintained it implemented all necessary security measures, the suspension of police officers appears to be a "knee-jerk reaction." He questioned the govt's claim that police officials acted as subordinates of franchisees. "It is difficult to accept such a statement from the state govt," Chinnappa submitted.The counsel also cited the govt's reference to an intelligence report received by the chief minister, but pointed out that the officer who prepared the report was transferred, diminishing the document's relevance in subsequent records. Chinnappa added the chief minister approved the suspension file without mentioning the intelligence input."Accountability cannot be arbitrarily assigned. Govt regulations require that suspension decisions must be backed by evidence and satisfy criteria of necessity or desirability. In this case, the order only refers to a magisterial inquiry, not an officer-specific investigation or departmental proceedings," he argued. He also noted that RCB's COO had contacted the police commissioner before the event. Though there was no written response, discussions between DCPs took place regarding security arrangements from airport to the stadium. Chinnappa submitted that a status report indicated complete implementation of security measures, and pointed out that the police had been managing crowd celebrations since the previous night.On the dereliction of duty allegations, Chinnappa said the action against Vikash seemed reactive rather than evidence-based. He argued that the case reflected a distinction between an officer's absence and incidents happening despite their presence. Meanwhile, a division bench led by Justice SG Pandit adjourned the proceedings to Monday. The matter relates to the July 1 order of the Central Administrative Tribunal (CAT), which nullified Vikash Kumar Vikash's suspension and suggested similar relief for four other suspended police officers. The CAT had also observed that social media posts by Royal Challengers Bangalore (RCB) potentially contributed to the crowd surge outside Chinnaswamy Stadium, where a stampede left 11 people dead. The state govt and RCB are contesting the tribunal's order.
Chennai: In a bid to strengthen the organizational infrastructure of the Tamilaga Vetri Kazhagam (TVK) and to develop a robust campaign machinery, the party's founder president Vijay announced the names of 17 new key office-bearers for various wings with Adhav Arjuna, former deputy general secretary of the VCK, becoming the general secretary for campaign management on Friday. Apart from Adhav Arjuna, another known political leader who had been co-opted by Vijay is C T R Nirmal Kumar, a former BJP leader who switched over the AIADMK and has now landed in the TVK as deputy general secretary for ...Read More >
Bhubaneswar, Jan 31 (PTI) Odisha Chief Minister Mohan Charan Majhi on Friday demanded an immediate apology from the Opposition Congress over the remarks of party leaders Sonia Gandhi and Rahul Gandhi on President Droupadi Murmu and said those were insults for the people of Odisha and the Santal community also. Majhi expressed his opinion on the ongoing debate over the alleged disrespect to the country's first tribal woman President through a long post on X. "Sonia Gandhi's comment, 'Poor lady President Murmu got tired at the end,' and Rahul Gandhi's 'boring' remarks are not just insults to I ...Read More >
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 >
Bengaluru: The Royal Challengers Bengaluru (RCB) cricket team led by Captain Rajat Patidar, that won the finals of Indian Premier League (IPL)-18 season, was felicitated with Mysore Peta, Memento and Sandalwood garland, at the grand steps of Vidhana Soudha here yesterday. Governor Thaawarchand Gehlot took part in the felicitation ceremony, as Chief Minister Siddaramaiah, Deputy Chief Minister D.K. Shivakumar, Home Minister Dr.G. Parameshwar, Ministers B.Z. Zameer Ahmed Khan, Dr.M.C. Sudhakar and several other dignitaries participated in honouring the cricketers. Earlier, Deputy CM D.K. Shiva ...Read More >
Guwahati: A group of intellectuals and prominent citizens met the officials of the Bangladesh Assistant High Commission in Agartala and demanded the immediate release of Hindu priest Chinmoy Krishna Das Brahmachari in Bangladesh. Various other organisations also organised protest rallies and demonstrations against the arrest of Hindu priest Chinmoy Krishna Das Brahmachari. The intellectuals under the banner of 'Forum for Protection of Minorities in Bangladesh' urged the Bangladesh caretaker government led by Chief Adviser Muhammad Yunus to make all efforts to protect the minorities in Bangla ...Read More >
HYDERABAD: The Hyderabad police on Wednesday issued a warning against social media accounts posting false or misleading videos and photos contradicting official statements about the Sandhya Theatre stampede. On December 22, the police released a 9-minute, 57-second video outlining the timeline of events at Sandhya Theatre before actor Allu Arjun arrived and left the premises. However, certain social media posts alleged that 39-year-old M Revathi had died before the actor arrived at the venue. In response, the police stated they would take strict action against individuals spreading false inf ...Read More >
Mumbai, Jan 31 (VOICE) The Maharashtra government on Friday formed a special investigation team (SIT) to probe the conspiracy allegedly hatched to frame Chief Minister Devendra Fadnavis (who was then the leader of opposition in the state assembly) and his current deputy Eknath Shinde in a false case during the Maha Vikas Aghadi (MVA) government was in power. Fadnavis was then Leader of Opposition in the assembly while Shinde was a member of the Uddhav Thackeray Cabinet holding the urban development ministry. Shinde, however, rebelled against Thackeray, and after the collapse of the MVA governm ...Read More >
Kolkata: Trinamool Congress on Wednesday distanced itself from statements made by party MP Shatrughan Sinha, who said non-vegetarian food should be banned, and that the Uniform Civil Code is good but should only be implemented after consultations with all parties. The party also chose to describe MP and actor Rachna Banerjee's praise for the Kumbh Mela as her "personal opinion." Sinha, the two-time Asansol MP, speaking to ANI, said, "At first glance, whatever happened in Uttarakhand is commendable. The Uniform Civil Code should definitely be there. I believe there should be an all-party meeti ...Read More >
Bengaluru News: The Namma Metro on June 4 recorded its highest-ever daily ridership, with 9.6 lakh passengers using the service. The traffic was attracted largely due to the huge crowd that turned up for Royal Challengers Bangalore's (RCB) victory celebrations at Vidhana Soudha and Chinnaswamy Stadium. Due to the unprecedented crowd, a stampede-like situation outside the stadium, claiming 11 lives. ...Read More >
The Delhi BJP also shared a rap song "Delhi ka millionaire" alleging corruption against the party's top leadership. In a recently-released video, the Delhi BJP has given a tour of the luxurious bungalow of AAP leader Arvind Kejriwal, where he lived while serving as the Chief Minister of the state. The party also shared a rap song "Delhi ka millionaire" alleging corruption against the party's top leadership. Delhi BJP chief Virendra Sachdeva, who shared the video on X, called the Civil Lines bu ...Read More >
Bengaluru: A day after 11 people died and several injured in a stampede at the M Chinnaswamy Stadium, an FIR has been filed against the managements of Karnataka State Cricket Association (KSCA), Royal Challengers Bengaluru (RCB) and a private event management company - DNA Entertaiment Private Limited - at the jurisdictional Cubbon Park Police Station here. According to the Karnataka Police, an FIR has been filed under Sections 115 (voluntarily causing hurt), 118 (causing grievous hurt by dangerous weapons or means) and 105 (culpable homicide not amounting to murder) of Bharatiya Nyaya Samhit ...Read More >
Thursday, 5 June 2025 () A tragic stampede unfolded outside the M. Chinnaswamy Stadium as the fans had gathered to cheer on for Royal Challengers Bengaluru for winning their first IPL trophy in 18 years. 11 people lost their lives in this incident, while several others were injured. A day after the Bengaluru stampede, RCB has announced financial support of Rs. 10 Lakh to each of the families of the deceased. ...Read More >
Bardhan suffered severe head injuries and died in the hospital.Source : X@siddaramaiah An IPS officer died in a road accident while he was on his way to take up his first posting in Karnataka's Hassan district, police said on Monday. The 26-year-old, Harsh Bardhan, was a 2023-batch IPS officer of the Karnataka cadre and hailed from Madhya Pradesh. He was going to Hassan to report for duty as a probationary Assistant Superintendent of Police in Holenarasipur on Sunday when the tyre of the police vehicle he was travelling in allegedly burst. The driver lost control and the vehicle hit a house ...Read More >
Bengaluru [India], : For Josh Hazlewood and Bhuvneshwar Kumar who will be returning to the Royal Challengers Bengaluru squad for the second time after being picked in the Indian Premier League 2025 auction, feels, it is more than just a professional opportunity it is a heartfelt homecoming and a very special one. Interestingly, both the players have worn the RCB jersey before but never shouldered the bowling responsibilities at the 'Chinnaswamy' in any of the past seasons of IPL. Both are eager ...Read More >
The Andhra Pradesh government inked a Memorandum of Understanding (MoU) with Google. The tech giant will launch its operations from Visakhapatnam in the State. Making the announcement at the district collectors' conference on Wednesday, Chief Minister N. Chandrababu Naidu said HRD Minister Nara Lokesh's efforts have paved the way for this. The MoU was a significant development and would be a game changer. Visakhapatnam is poised for transformative growth, Mr. Naidu said. The chief minister, in ...Read More >
Chennai, Dec 18 (VOICE) The Tamil Nadu police have ramped up security measures at border check posts with Kerala after reports of medical waste being dumped in a public area at Palavoor, Kadangallur, in Tirunelveli district surfaced.Patrolling has been intensified across various check posts in districts including Kanyakumari, Coimbatore, Gudalur, and Theni. Tirunelveli district police have warned of strict action against those involved in the illegal disposal. Environmental activists allege that large quantities of medical waste are being transported illegally from Kerala and dumped in Tamil ...Read More >
Delhi Weather Update: Delhi experienced dense fog on Thursday morning, with the India Meteorological Department (IMD) reporting a minimum temperature of 7°C. The fog led to the implementation of low-visibility procedures at Indira Gandhi International Airport (IGI), although flights continued to operate as scheduled. The weather forecast for the coming days indicates that dense fog will persist in the early morning and late-night hours on December 26 and 28. The IMD also predicts partly cloudy skies, with the possibility of very light rain or drizzle during the evening or night. As of Thursd ...Read More >
Guwahati, May 28 (SocialNews.XYZ) Congress MP Gaurav Gogoi launched a scathing attack on Assam Chief Minister Himanta Biswa Sarma on Wednesday, citing recent Enforcement Directorate (ED) raids as "evidence of illegal coal mining operations" in the state, and also issued a clarification on his 'links' in Pakistan. Speaking to the media in Delhi for the first time after becoming the Assam unit chief of Congress, Gogoi pointed to the April 24 raids conducted across Assam and Meghalaya, where the ED reportedly unearthed a coal smuggling network, seizing Rs 1.58 crore in cash, digital devices, and ...Read More >
Bengaluru Stampede: RCB lifted the IPL 2025 trophy on 4th June, a historic win in 18 years since the inception of the game format. The celebration that followed was indeed magnificent, but was dulled by the death of 11 people in the stampede. Many are trying to pinpoint the causes of the crowd mismanagement but the time line suggests it was the mere excitement of the fans and confusions and misinformation about the victory celebration that broke into a chaos. The Bengaluru traffic police announced that there will be a victory parade and the celebrations will be restricted to the stadium only ...Read More >
Bengaluru, Dec 6 (SocialNews.XYZ) Josh Hazlewood and Bhuvneshwar Kumar, who will be returning to the Royal Challengers Bengaluru (RCB) squad for the second time after being picked in the IPL 2025 auction, feel it's more than just a professional opportunity but a heartfelt homecoming. Interestingly, both the players have worn the RCB jersey before but never shouldered the bowling responsibilities at the 'Chinnaswamy' in any of the past seasons of IPL. Both are eager to change this piece of history and aim to create new memories in Bangaluru's beloved cricket fortress. Bhuvneshwar, who began h ...Read More >
Hyderabad: Bharat Rashtra Samithi (BRS) working president KT Rama Rao (KTR) met the injured ASHA workers at a hospital in Hyderabad on Tuesday. December 10. ASHA workers were injured after they were manhandled by police officials during a protest at the Telangana Directorate of Medical Education (DME) demanding a salary hike of Rs 18,000 on Monday. The two injured women were identified as Raheembi and Santhoshini. After enquiring about the women's well-being, the BRS MLA condemned the police action against the ASHA workers. He extended solidarity with their fight offered all possible support ...Read More >
Baghpat (Uttar Pradesh) [India], January 28 (ANI): Union Minister Arjun Ram Meghwal has sought AAP convener Arvind Kejriwal's apology from the nation after BR Ambedkar's statue was vandalised in Punjab's Amritsar on January 26. A youth has vandalised the life-size statue of Ambedkar in Amritsar by climbing atop it and striking it with a hammer on Republic Day on Sunday. A video clip purportedly of the incident also went viral on social media. Also Read | Maha Kumbh Mela 2025: A Day Before Mauni Amavasya Amrit Snan, 5 Crore Devotees Take Holy Dip in Triveni Sangam on January 28, Total Pilgrim ...Read More >
Bengaluru (Karnataka) [India], June 5 (ANI): The Karnataka High Court on Thursday issued a notice to the state government over the stampede incident near the Chinnaswamy Stadium that claimed the lives of 11 people and left several injured. The High Court took suo motu cognisance of the incident and asked for a further status report. 'News items have been published in various newspapers, narrating the tragedy that happened when 11 persons died and 75 were injured during the course of the victory celebration of RCB. This court is taking cognisance of the incident,' the High Court said. 'Senio ...Read More >
Bengaluru: In joint statement, both Royal Challengers Bengaluru (RCB) and Karnataka State Cricket Association (KSCA) have announced Rs. 5 lakh ex-gratia for each family members of 11 persons, who were killed in the stampede that occurred in front of M. Chinnaswamy Stadium, yesterday. "RCB - KSCA expresses deep concern and heartfelt condolences regarding the unfortunate incident that occurred during the celebration organised by Royal Challengers Bangalore (RCB) at M Chinnaswamy Stadium earlier today," the joint statement stated. "We are profoundly saddened by the tragic loss of lives and the ...Read More >
CHENNAI: Singles, Doubles, and the Team Championship - the 18-year-old Chennai girl, the daughter of an auto driver from Kasimedu, left nothing for competitors from around the world at the sixth edition of the Carrom World Cup held in the US which Team India swept. The Women's Singles final was a hard-fought contest, where the 18-year-old M Khazima kept her nerves to defeat 12-time national and multiple World Cup winner Rashmi Kumari from Bihar. With this victory, Khazima became the youngest Carrom World Champion. Khazima, whose father Mehaboob Basha is an auto driver from Kasimedu, had been ...Read More >
CHANDIGARH: A blast occurred at Islamabad police station in Amritsar at early morning today which caused panic in the neighbourhood. This is the fourth such incident in Amritsar in the last month and the sixth such incident at a police establishment in the state. Explosive material was recovered before detonation in one case while the remaining two incidents resulted in blasts. In this case, however, the state police deny that a blast occured at the police station. Through a social media post the Germany-based gangster Jeevan Fauji claimed responsibility for the blast. " I, Jeevan Fouji, take ...Read More >
New Delhi: The BJP on Thursday demanded the resignation of Karnataka Chief Minister Siddaramaiah and his deputy DK Shivakumar, alleging that the "mutual fight and rift" between the two led to the state "government-manufactured stampede". Eleven people died and 33 were injured in the stampede near the Chinnaswamy Stadium in Bengaluru as thousands of fans gathered to catch a glimpse of the RCB team after its first-ever IPL win. BJP MP and national spokesperson Sambit Patra alleged that the "mutual fight and rift" between Siddaramaiah and Shivakumar led to the state "government-manufactured sta ...Read More >
The Palakkad bypoll has turned into a fierce triangular contest with key defections adding to the excitement. Kerala CM Pinarayi Vijayan campaigned for former Congress leader P Sarin, now contesting as an Independent for the LDF, while BJP’s C Krishnakumar faces a tough challenge. Sarin, a former Congress digital strategist, switched parties after being snubbed for the Congress ticket. Meanwhile, BJP leader Sandeep Varier defected to Congress, further intensifying the race. With the election crucial for UDF, NDA, and LDF's momentum heading into the 2026 Kerala assembly elections, all eyes are ...Read More >
New Delhi: Aam Aadmi Party (AAP) supremo Arvind Kejriwal on Wednesday, December 18, announced 'Sanjeevani yojana', a free healthcare scheme for the city's senior citizens, which they can avail of at all government as well as private hospitals. The party supremo, flanked by Delhi CM Atishi and senior cabinet ministers, made the announcement at a public event and declared that all residents of the city above 60 years of age will get free medical treatment under the 'Sanjeevani yojana'. Under the scheme, all the elderly will avail medical treatment for free, however, this can be implemented aft ...Read More >
Chennai: Tamil Nadu Chief Minister MK Stalin introduced two amendment bills in the state assembly on Friday, aimed at imposing harsher punishments for crimes against women. The first bill seeks to amend the Tamil Nadu Prohibition of Harassment of Women Act, 1998, while the second proposes changes to the applicability of the Bharatiya Nyay Sanhita and Bharatiya Nagarik Suraksha Sanhitawithin the state. Government's Commitment to Women's Welfare Presenting the bills, Stalin emphasized his government's uncompromising stance on women's safety and welfare. "Sexual assault against women is an unf ...Read More >