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.
RAIPUR: A day after Chaitanya Baghel was arrested in a money laundering case linked to the alleged liquor scam, former Chhattisgarh Chief Minister Bhupesh Baghel questioned the timing of the ED raid at his Bhilai residence. He alleged that the central agency's actions were an attempt to "divert attention from illegal tree felling" in Raigarh for a coal mine project. Talking to the media persons at Rajiv Bhawan on Saturday, Baghel said that the Leader of Opposition was to bring an adjournment motion against illegal tree felling in the House and to prevent it the ED raid was carried out at his house at 6 AM. Speaking to the media at Rajiv Bhawan on Saturday, Baghel said the Leader of Opposition was set to move an adjournment motion in the Assembly over illegal tree felling. He claimed, the ED conducted a raid at his residence at 6 AM to prevent this. He alleged that thousands of trees were illegally cut in Raigarh's Tamnar tehsil where villagers were held hostage.
BJP member Manas Dutta blamed the previous BJD government and held it responsible for not extending their service agreement which ended in April, 2024. As hundreds of women working as support staff under the Mission Shakti department staged a demonstration outside the Assembly over different issues, the opposition BJD on Monday demanded immediate release of their salaries. While the agitating women were shouting slogans at the Mahatma Gandhi Road leading to the Assembly, the issue was raised in ...Read More >
Shimla (Himachal Pradesh) [India], December 11 (ANI): A Bharatiya Janata Party (BJP) delegation, led by senior leaders, met Himachal Pradesh Governor Pratap Shukla recently to submit a comprehensive 106-page memorandum titled "Kachcha Chittha". The document, which alleges rampant corruption and administrative failures in the two years of Congress rule under Chief Minister Sukhvinder Singh Sukhu, aims to hold the state government accountable for what the BJP describes as a period of "unprecedented mismanagement and destruction." Speaking to the media after meeting the Governor, Himachal Prade ...Read More >
Bengaluru: In a setback to Karnataka Chief Minister Siddaramaiah, the Directorate of Enforcement (ED), Bangalore Zonal Office has provisionally attached 142 immovable properties having an approximate market value of Rs 300 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with the Mysuru Urban Development Authority (MUDA) scam. Chief Minister Siddaramaiah is accused number one in the case and the investigation is also conducted against others who got the illegal allotments done through the MUDA. His wife B.M. Parvathi is the second accused. "The ...Read More >
Patna: Congress leader Rahul Gandhi slammed the Chief Minister Nitish Kumar-led National Democratic Alliance (NDA) government in Bihar over crime, unemployment and migration by writing on social media platform X on Thursday. The post came a day ahead of his visit to the state to participate in 'women-oriented programmes' at Rajgir and Nalanda. He also exhorted the people to "change the cycle of injustice and put Bihar on the path of safety, self-respect and dignity." Rahul's remarks came in the light of the rape of an 11-year-old Dalit girl in a village Muzaffarpur district last week (May 26 ...Read More >
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 >
Hit by economic slowdown and poor infrastructure, industrialists from Jharkhand's key industrial districts -- East Singhbhum, West Singhbhum, and Seraikela-Kharsawan -- are looking to the newly formed state government for revival and support. The industrial zones of Adityapur, Gamharia, Kandra, and Chandil have been grappling with inadequate infrastructure, including poorly maintained roads, lack of bridges, erratic water supply, and unreliable power. Entrepreneurs in these regions hope the new administration will address these issues and work toward improving the state's industrial ecosystem ...Read More >
Bhubaneswar: The Odisha Assembly on Tuesday witnessed a noisy scene as Opposition BJD and Congress members held protests inside the House over alleged non-payment of salaries to around 60,000 women supporting staffers under the 'Mission Shakti' scheme. Leader of Opposition Naveen Patnaik accused the BJP government of "conspiring to stop" salaries of the 'Mission Shakti' staff. As soon as the Question Hour began, the BJD and Congress members trooped to the well of the House and demanded immediate release of salaries of around 60,000 women supporting staff working under the 'Mission Shakti' sch ...Read More >
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 >
Indore (Madhya Pradesh) [India], January 14 (ANI): Madhya Pradesh Cabinet Minister Kailash Vijayvargiya on Tuesday took a potshot at Lok Sabha LoP (Leader of Opposition) Rahul Gandhi over a tussle between Aam Aadmi Party (AAP) and Congress ahead of the upcoming Delhi assembly elections saying that they (Congress) make friends in the morning and fight at night. Vijayvargiya further said that now whether these people abuse or praise was not important and the public knew everything. "Sometimes they (Congress) shake hands and sometimes they break each other's hands. It is their culture (sanskaar ...Read More >
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 >
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 >
Thiruvananthapuram, Jun 5 (PTI) The presence of a Bharat Mata portrait, allegedly associated with RSS shakhas, at a World Environment Day event at the Raj Bhavan on Thursday led to the state government boycotting the programme, prompting Governor Rajendra Vishwanath Arlekar to assert that there would be no compromise on Bharat Mata. Kerala Agriculture Minister P Prasad, who boycotted the event, said that the state government respects Bharat Mata, but using an image commonly associated with RSS shakhas for an official function at Raj Bhavan is unconstitutional. While the Raj Bhavan went ahead ...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 >
Belagavi (Karnataka), Dec 26 (VOICE) Karnataka BJP has slammed Congress over the display of posters depicting a distorted map of India at the venue of the centenary celebrations of the INC's 1924 session in Belagavi, saying that it shows utter disrespect for India's sovereignty and is shameful.Taking to social media handle X on Thursday, the BJP said, "Pakistan-occupied Kashmir (PoK) has been handed over to Pakistan by the Indian National Congress - Karnataka! It is truly an act of treason that Congress members have distorted India's map in the name of Gandhi Bharat. The banners displayed in B ...Read More >
Bhopal, Jan 17 (VOICE) Bharatiya Janata Party (BJP) leader and Madhya Pradesh minister Vishvas Sarang on Friday accused the Congress of using Dr. B.R. Ambedkar's name for its "survival" in politics.Sarang, who is the Sports and Youth Welfare Minister in Chief Minister Mohan Yadav-led Cabinet, said history reveals that the Congress has shown respect neither towards Dr. Ambedkar nor the Constitution framed under his leadership. "Jawaharlal Nehru even tried to stop Dr. Ambedkar's entry into the Parliamentary and for that, he conspired to defeat him in the general elections. Nehru insulted Dr. Am ...Read More >
Gandhinagar, Feb 4 (PTI) The BJP government in Gujarat on Tuesday formed a committee headed by a retired Supreme Court judge to assess the need for the Uniform Civil Code in the state, and also draft a bill for the same. While the Opposition said the decision was aimed at diverting attention from pressing issues ahead of the upcoming local body polls, the government claimed rights of the tribal communities will be protected if the UCC is implemented. The five-member committee, to be headed by Justice (retd) Ranjana Desai, will submit its report within 45 days, following which a decision abou ...Read More >
Mumbai (Maharashtra) [India], February 7 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Friday rejected Leader of Opposition and Congress leader Rahul Gandhi's allegation of alleged discrepancies in the 2024 Maharashtra assembly election stating that the Opposition leader, aware of his party's imminent defeat in Delhi election results was attempting to "cover fire." Earlier today addressing a press conference in the national capital Rahul Gandhi flanked by Supriya Sule and Sanjay Raut had alleged that over 39 lakh voters were added to Maharashtra's electoral rolls within a span of fiv ...Read More >
Mumbai, Jun 5 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Thursday inaugurated the final 76-km-long stretch of the Samruddhi Mahamarg, making the entire 701-km Mumbai-Nagpur corridor fully functional and bringing down the travel time between the two cities to 8 hours from around 18 hours. Fadnavis described the Mumbai-Nagpur Samruddhi Mahamarg as an "engineering marvel" and said this "economic corridor" would play a vital role in the state's development. Fadnavis said by connecting the expressway with the proposed Vadhvan port, they are planning to develop it as an "economic corrid ...Read More >
NEW DELHI: A political slugfest erupted after Leader of Opposition Rahul Gandhi was stopped from visiting violence-hit Sambhal in Uttar Pradesh, with the BJP accusing the Congress leader of attempting to incite communal tensions. BJP leaders criticised Gandhi's visit as a desperate political move, driven by competition with the Samajwadi Party (SP) to reclaim vote banks. Meanwhile, Congress leaders, including Priyanka Gandhi Vadra, slammed the government's actions as undemocratic and an assault on constitutional rights. BJP spokesperson Dr Sudhanshu Trivedi described the visit as a "sign of h ...Read More >
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 >
Ballia (UP): Uttar Pradesh Deputy Chief Minister Brajesh Pathak on Thursday accused Congress leader Rahul Gandhi of trying to incite people and spreading anarchy in the state and said he is a "confused" leader who does not know what to do. Pathak was reacting to Gandhi's visit to Hathras where the Leader of Opposition in the Lok Sabha met the family of a Dalit woman who died allegedly after being gangraped in September 2020. "(Rahul) Gandhi is confused. He has no idea what he will say and when. Sometimes he thinks of visiting Sambhal, sometimes Aligarh or Hathras. He is totally derailed and ...Read More >
Bengaluru: Karnataka BJP has slammed the Congress-led government in the state over the flood and waterlogging situation in Bengaluru, saying that the city's reputation has suffered at the global level. The Leader of Opposition (LoP) in the Legislative Assembly, R. Ashoka, in a statement on Monday, demanded that the government immediately release Rs 1,000 crore for relief operations following the rain-induced disaster in Bengaluru. On Sunday night, rainfall ranging from 103 to 130 mm caused havoc across the city, said Ashoka and urged the government to swiftly undertake relief operations and ...Read More >
Bengaluru: Karnataka Chief Minister Siddaramaiah has reacted to a viral video that shows an SBI branch manager in Bengaluru refusing to speak Kannada during an interaction with a customer, sparking a fresh language row in the southern state. The incident took place at the Surya Nagara branch in Anekal Taluk area in Bengaluru earlier this week, and the video of the incident has gone viral since then. Condemning the bank manager's behaviour, he said that the woman's refusal to speak in Kannada or even in English and the apparent disregard for citizens was highly unacceptable and deeply disrespec ...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 >
Bhopal, Jun 3 (PTI) Madhya Pradesh Chief Minister Mohan Yadav on Tuesday targeted senior Congress leader Rahul Gandhi for not removing his shoes while offering tribute at a statue of former Prime Minister Indira Gandhi, saying it was against their culture. Rahul Gandhi, the leader of opposition in the Lok Sabha, arrived in Bhopal on Tuesday on a one-day visit to the state. After reaching the state capital, the former Congress president paid tribute at a life-size statue of Indira Gandhi located in front of the state party headquarters. Later, a video of the programme was widely shared on va ...Read More >
Thiruvananthapuram: A fresh controversy has erupted after state Agriculture minister P Prasad boycotted an event organised at Kerala Raj Bhavan on the occasion of World Environment Day today, in protest against installation of a Bharatamba image "associated with the Rashtriya Swayamsevak Sangh (RSS)" on stage inside the premises. The minister accused Governor Rajendra Arlekar, also a former RSS leader, of turning Raj Bhavan into an RSS venue. After the minister objected to use of "politically symbolic image" in the government programme, the event was shifted to the Secretariat. As per report ...Read More >
Mumbai, Jun 5 (PTI) Maharashtra Chief Minister Devendra Fadnavis, who inaugurated the final stretch of the Mumbai-Nagpur Samruddhi Expressway on Thursday, swapped the driver's seat with his deputy Eknath Shinde during the inspection of the route - much like their political role reversal last year. In order to inspect the project, Shinde drove an Audi car from Igatpuri in Nashik district for a few kilometers accompanied by Fadnavis and deputy Ajit Pawar, while on their return journey, the trio travelled together with CM taking over the steering of high-end Lexus car. In the last phase of the ...Read More >
Bhopal, June 5 (SocialNews.XYZ) Madhya Pradesh Chief Minister Dr Mohan Yadav, while expressing profound grief over the death of seven persons in Rewa, has announced a financial support of Rs 2 lakh each to the family of the deceased. He has also announced financial support of Rs 50,000 to each of the injured persons in the accident. He announced the support through his X handle, "Tragedy struck near Sohagi village in Rewa district when a truck carrying cement pillars overturned onto an auto carrying devotees from Nai Garhi, Mauganj district. The group had been returning from Prayagraj after ...Read More >
Ranchi: Jharkhand Chief Minister Hemant Soren got big relief from the Jharkhand High Court, which on Wednesday exempted him from personally appearing before the MP-MLA Special Court in Ranchi in a case related to alleged disobedience of Enforcement Directorate (ED) summonses. The Bench of Justice Anil Kumar Choudhary issued a notice to the ED and directed it to file a response. The next hearing has been scheduled for December 16. Earlier, the MP-MLA Special Court had dismissed Soren's plea for exemption from personal appearance on November 25, ordering him to appear on December 4. Aggrieved ...Read More >
NCP (SP) leader Supriya Sule is consulting experts on Electronic Voting Machines (EVMs) following Maharashtra's assembly poll results. The opposition questions EVM credibility after the Mahayuti coalition's significant win. Sule advocates for ballot papers, citing other countries' adoption, and will announce a final decision soon.NCP (SP) leader Supriya Sule on Saturday said the opinion of experts is being sought over the "EVM issue" in the wake of the Maharashtra assembly polls' mandate as she b ...Read More >