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.
Jaipur, Jul 19 (PTI) Heavy rainfall in Rajasthan over the past 24 hours has resulted in flood-like conditions in several cities, including Ajmer, Pushkar, Bundi, Sawai Madhopur, and Pali, officials said on Saturday. Many villages have been cut off as rivers, drains, and dams overflowed due to the intense rain. On Friday night, 17 individuals became stranded in the Banas River near Golera village in the Todaraisingh area of Tonk, but they were later rescued by the State Disaster Response Force (SDRF). In Ajmer's Dargah area, several people were swept away by the strong water flow, prompting locals to intervene and rescue them. As a result of continuous rainfall in Ajmer, a dilapidated house collapsed in Lakhan Kotdi on Saturday morning. Fortunately, the family had vacated the premises the day before due to the appearance of cracks in the structure, the police said. Meanwhile, Ajmer's Ana Sagar lake is overflowing as a result of the persistent rain, with locals using sandbags to try to control the flow. Municipal Corporation Chief Engineer Vinod Manohar stated that waterlogging occurred due to the overflow from the lake's outlets, and the channel gates have been opened. According to the MeT department, Rajasthan has received 126 per cent more rainfall than normal since the start of the monsoon season on June 1. Jaipur MeT department director Radhey Shyam Sharma indicated that a depression over eastern Rajasthan is expected to gradually move toward western Rajasthan, weakening in the next few hours into a well-marked low-pressure area. Heavy to very heavy rain is expected in the Jodhpur division on Saturday, with moderate to heavy rain anticipated in some areas of the Ajmer and Udaipur divisions. The likelihood of reduced heavy rain activity in the Bharatpur, Jaipur, Kota, and Bikaner divisions from Saturday is also strong, Sharma added. He further noted that a rapid decline in rain activities across the state is likely from Sunday onward, providing relief from the heavy downpours for the following week. A new wave of heavy rain could potentially return to eastern Rajasthan around July 27-28, the director mentioned. In the last 24 hours, ending at 8.30 am on Saturday, the highest rainfall recorded was 234.0 mm in Nainwa of Bundi district, followed by 230 mm in Merta City of Nagaur, 190 mm in Mangliawas of Ajmer, 180 mm in Nasirabad of Ajmer, and 160 mm in Pratapgarh. PTI AG APL APL MPL MPL
Vijayawada: Chief Minister N Chandrababu Naidu on Thursday said that concerted efforts would be made to increase green cover in the state from current 30.05 per cent to 50 per cent by 2047 when India would celebrate its centenary year of Independence. Addressing the Vana Mahotsavam event on the World Environment Day at Ananthavaram village in Thullur mandal near here, the Chief Minister said: "Currently, Andhra Pradesh has 37,421 sq km of forest area, accounting for 23 per cent of the total area in the State. When we add greenery outside forests, the state's green cover stands at 30.05 per ce ...Read More >
New Delhi: The Enforcement Directorate (ED) on Friday carried out searches at 15 places in Mumbai and Kochi in connection with the Mithi River desilting scam that caused a wrongful loss of more than Rs 65 crore to the Brihanmumbai Municipal Corporation (BMC), official sources said. The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities. According to the sources, the searches are being carried out under the provisions of the Prevention of Money Laundering Act (PMLA) at locat ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Kangra (Himachal Pradesh) [India], June 26 (ANI): Following heavy rainfall and a cloudburst in Dharamshala, flash floods swept through the Manuni river area, impacting a local hydropower project and leaving several workers missing, officials said on Thursday. According to an Additional District Magistrate (ADM), Shilpi Beakta, Rescue teams have so far recovered multiple bodies and managed to save one person alive. Also Read | 8th Pay Commission To Triple Medical Allowance and Raise Minimum Salary to INR 27,000? Check Details. "Yesterday at around 4.30, a video circulated and we received a m ...Read More >
Former Manipur CM N. Biren Singh stated that efforts are underway to establish a popular government in the state, currently under President's rule. He expressed optimism about forming a new government soon, emphasizing the BJP and its allies' desire for restoration of popular governance.Former Manipur chief minister N Biren Singh on Saturday said efforts are underway for setting up of a popular government in the state which is now under President's rule. Speaking at the sidelines of a programme at BJP state headquarters, Singh expressed hope that a new government will be formed in Manipur soo ...Read More >
New Delhi: The Centre has asked the states and union territories to make any proposed changes in the boundaries of administrative jurisdictions before December 31, 2025, when they will freeze for the Census-2027 exercise and the first phase of the decadal population count will begin on April 1 next year, according to a communication sent by the registrar general and census commissioner of India, Mritunjay Kumar Narayan, on June 27. The freezing means the states/UTs won't be able to change the boundaries of districts, towns, villages and tehsils post December 31. The Census can be conducted on ...Read More >
New Delhi: Himachal Pradesh is expected to experience heavy rainfall with the Indian Meteorological Department (IMD) issuing red alert for four districts of the state, including Kangra, Mandi, Solan and Sirmaur for Monday. The administration has also ordered closure of schools in these four districts on Monday in view of the red alert for heavy to heavy rainfall issued by the Met office. According to IMD's revised warning issued on Sunday evening, "heavy to very heavy rains are likely to occur at a few places in the districts of Kangra, Mandi, Solan and Sirmaur, isolated places in Una, Bilasp ...Read More >
Thiruvananthapuram, May 27: Monsoon rains accompanied by gusty winds continue to lash Kerala, causing widespread damage across the state. Several incidents of trees being uprooted, house wall collapses, and electrical short circuits have been reported from different parts of the state. Since the onset of the monsoon last week on May 24, three casualties have been reported, prompting the state government to open a dozen relief camps in affected districts of the state. The most major disruption on Tuesday has been the delay in train services across Kerala after fallen trees blocked railway trac ...Read More >
Itanagar, Jun 7 (PTI) The flood situation in Arunachal Pradesh improved on Saturday with water levels of most rivers receding, even as 33,000 people in 24 districts remained affected, officials said. Twelve people lost their lives and one person went missing in rain-related incidents, including landslides, after the monsoon set in, they said. In its daily report, the State Emergency Operation Centre (SEOC) said 33,200 people in 215 villages remained affected due to floods and landslides in the state. The water levels of most major rivers and their tributaries were showing a receding trend o ...Read More >
NEW DELHI (AP) -- Three people died and at least a dozen are feared missing after being swept away in a flash flood triggered by torrential rains in the north Indian state of Himachal Pradesh, local authorities said on Thursday. A rescue operation has been launched to trace the missing, said Dinesh Sharma, a local government spokesperson in Kangra. The town is about 18 kilometres (11 miles) from Dharamshala, a popular tourist destination known for its Tibetan culture and as the home of Tibetan spiritual leader, Dalai Lama. Sudhir Sharma, a lawmaker from Dharamshala, said in a social media po ...Read More >
Imphal, June 26 (SocialNews.XYZ) The northeastern state of Manipur has crossed the 200 mark in the cumulative active cases of Covid-19 with with 13 more new cases reported on Thursday from four districts, officials said. State Health department officials said that 40 samples were tested on Thursday and 13 samples were found positive for Covid-19 in four districts - Imphal West (6), Imphal East (5) while Bishnupur and Thoubal had one case each. Of the total positive cases of 202 on Thursday, 137 were reported in Imphal West district, 48 in Imphal East district, eight in Thoubal district, five ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
Gangtok, June 6 (SocialNews.XYZ) At least 80 tourists stranded in the northern part of Sikkim due to inclement weather and landslides have been safely evacuated, an official said on Friday. A total of four helicopter sorties were conducted from Pakyong Greenfield Airport to Chaten using MI-02, MI-49, and MI-39 helicopters, resulting in the evacuation of 80 individuals. Among those evacuated, 63 persons were tourists, while 17 were locals. To ensure their further travel to Gangtok, the state government arranged state transport buses at the airport for the convenience of the evacuees. In orde ...Read More >
Shimla (Himachal Pradesh) [India], June 26 (ANI): Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Thursday has directed all the Deputy Commissioners of the State to stay alert and ensure 24/7 availability for the public to deal with the unfolding situation efficiently, keeping in view the adverse weather conditions. According to an official statement from the Chief Minister's Office (CMO), while reviewing the situation in the State with district administrations virtually from Shimla today, he asked all Deputy Commissioners to conduct relief and rehabilitation operations for a ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Shimla: Heavy rains lashed Himachal Pradesh on Sunday, triggering landslides and flash floods and blocking more than 100 roads, even as the weather department issued a red alert.A landslide at Chakki Mod near Parwanoo blocked the Chandigarh-Shimla highway for hours, resulting in a massive traffic jam Sunday morning. The local administration had to divert traffic through the Jangeshu link road until the landslide debris was cleared at Chakki Mod.The traffic was first restored one-way and later two-way, but the traffic jam continued on both sides of the highway throughout the day due to slow veh ...Read More >
Heavy rains across Tamil Nadu have led to school closures in several districts, including Chennai, on Thursday. The India Meteorological Department (IMD) has issued a yellow alert, predicting moderate rains and light thunderstorms in parts of the state. Rainfall figures show significant precipitation in multiple areas. Meanwhile, Northern India braces for a cold wave beginning December 9, with the IMD forecasting plunging temperatures in Rajasthan, Punjab, Haryana, and Uttar Pradesh.Schools acros ...Read More >
JAMMU: Three persons, including two minors, drowned while four others were rescued as flash floods triggered by heavy rains occurred in different areas of Rajouri, Poonch, Doda and Kathua districts in J&K on Thursday. Meanwhile, a fresh landslide near Satya viewpoint along the Himkoti route blocked the new track to Mata Vaishno Devi shrine atop Trikuta Hills in Reasi district.In Rajouri district, Shaqafat Ali (14) and his cousin Safeena Kousar (11) were out grazing cattle along with a 10-year-old ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...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 >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
Visakhapatnam: The southwest monsoon set in over Andhra Pradesh (Rayalaseema region) on Monday, arriving nine days ahead of schedule, bringing rain to parts of the Rayalaseema and coastal Andhra Pradesh. For the second year in a row in the past one decade, the monsoon entered AP region earlier as the usual date of onset is on June 4. Last year, the monsoon arrived in AP on June 2. Director of IMD, Andhra Pradesh Stella S said southwest monsoon has further advanced into some more parts of central Arabian Sea, some more parts of Maharashtra including Mumbai, Karnataka including Bengaluru, remai ...Read More >
Guwahati, June 5 (SocialNews.XYZ) The flood situation in Assam marginally improved on Thursday, while the situation further improved in other northeastern states, an official said. With two more fresh deaths in Assam, the death toll in seven states, excluding Sikkim, of the region increased to 48. According to the disaster management officials of different northeastern states, out of 48 deaths during the current spell of rain and floods since May 29, at least 21 people died in Assam, followed by 12 in Arunachal Pradesh, six in Meghalaya, five in Mizoram, two in Tripura and one each in Nagalan ...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 >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >
Dehradun (Uttarakhand) [India], June 29 (ANI): Search and rescue operations are underway in Uttarakhand's Uttarkashi district after a cloudburst triggered a massive landslide near Barkot on Sunday, killing two workers and leaving seven others missing. Teams from the National Disaster Response Force (NDRF), the State Disaster Response Force (SDRF), the disaster management department, and the local administration are continuing their search to trace the missing workers, Uttarakhand Chief Minister Pushkar Singh Dhami said. Also Read | How To Spot a Fake Website? PIB Fact Check Shares 5 Simple T ...Read More >
HYDERABAD: Union Home Minister Amit Shah on Sunday ruled out any talks with Maoists and said the cadre of the proscribed outfit should give up arms, surrender before police, and join the mainstream. Addressing a rally after inaugurating the National Headquarters of the Turmeric Board in Nizamabad in Telangana, Shah also said Congress leader Rahul Gandhi, who is still raising questions on Operation Sindoor, should see the weak appearance of Pakistan to understand the effectiveness of the Operation. "Congress asks (the Centre) to hold discussions with these people (Maoists). Our government's p ...Read More >
Bhubaneswar/Balasore/ Baripada: The state government Sunday placed the Balasore and Mayurbhaj district administrations on high alert with an impending flood threat looming over the northern part of the state as several major rivers in the region continue to swell, an official said. Rivers such as Budhabalanga, Subarnarekha, Jalaka, Jambhira and Sona are witnessing rising water levels and may cause flooding by Monday, he warned. Balasore Collector Suryawanshi Mayur Vikash has cancelled the leaves of all government employees. The fresh flood situation has panicked people as they are yet to rec ...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 >
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 >