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.
Kolkata, July 19 (SocialNews.XYZ) A trial court in Kolkata, on Saturday, granted an interim bail to the accused in connection with the case of rape of a woman within the campus of the Indian Institute of Management-Calcutta (IIM-C) earlier this month. As hinted by IANS earlier in the day, the counsels representing the accused said that the victim woman was not cooperating in the process of investigation, which exactly happened at the trial court. The counsel of the accused, a second-year student of IIM-C, on Saturday, argued on three instances of non-cooperation by the victim -- refusal to appear at the trial court thrice this week to get her confidential statement recorded in font of a judicial magistrate, her refusal to get media-legal examination conducted and her refusal to submit to the investigating officials the clothes that she was wearing during the alleged event of rape. The counsel of the accused highlighted all these instances in support of his plea for granting bail to his client, which the judge of the lower court ultimately accepted. The public prosecutor, in his counter-argument, claimed that the event of her failure to turn up in the lower court to get her confidential statement recorded in front of a judicial magistrate was due to her shattered mental state after the event of rape. The current terms of the police custody of the accused ended on Saturday, following which he was presented at the trial court. The public prosecutor sought his judicial custody and said that if necessary the state might seek another round of police custody for the accused. However, the judge did not accept the argument of the public prosecutor and finally granted an interim bail to the accused against a personal bail-bond of Rs 50,000. At the same time, the court imposed some restrictions on accused' movement during the interim bail period.
Mr. Rana's daughter-in-law, Sumbul Rana, had contested the Meerapur Assembly by-election as a Samajwadi Party candidate but was defeated by BJP's Mithlesh Pal Former Member of Parliament Kadir Rana was granted bail in two separate cases of alleged violation of the Model Code of Conduct during the Meerapur Assembly by-election, his lawyer said. Mr. Rana appeared before the Special MP/MLA Court in Muzaffarnagar on Wednesday (November 27, 2024) where the presiding officer, Devender Singh Fauzdar, approved his bail plea after he furnished a surety bond of ₹25,000 for each case. Mr. Rana, along ...Read More >
New Delhi, Dec 4 (PTI) "On the face of it you are a corrupt person. Crores of rupees were recovered from your premises," the Supreme Court on Wednesday told former West Bengal minister Partha Chatterjee, held in an alleged cash-for-job scam in the state. A bench of Justices Surya Kant and Ujjal Bhuyan, which reserved its verdict on the bail plea of Chatterjee, questioned the enforcement directorate (ED) over his continued incarceration saying he cannot be kept inside for an indefinite period. "On the face of it you are a corrupt person. Crores of Rupees were recovered from your premises. Wha ...Read More >
Bengaluru: Bengaluru Police have arrested Nikita Singhania, the wife Atul Subash who died by suicide, along with her mother, Visha Singhania, and brother, Anurag Singhania, in connection with an abetment of suicide case. They were picked up from Gurugram and Prayagraj respectively and have been produced in the court. The accused are currently in a judicial custody. According to Bengaluru Police, the wife of Subash, Nikita Singhania is A1 in the case whereas her mother Visha Singhania and brother Anurag Singhania were named as A2 and A3 in the case. All three were arrested on Saturday morning ...Read More >
New Delhi [India], May 21 (ANI): The Supreme Court on Wednesday granted anticipatory bail to former Indian Administrative Service (IAS) trainee officer Puja Khedkar, accused of forging her documents to obtain eligibility for the 2022 Union Public Service Commission test. A bench of Justices BV Nagarathna and Satish Chandra Sharma asked Khedkar to cooperate in the probe. Also Read | Security Scare in Kolkata: Police Launch Probe After Drone-Like Objects Spotted Over Sky, Centre Seeks Report From West Bengal Govt. During the hearing, the bench said, "What is the grave crime she has committed? ...Read More >
Muzaffarnagar (UP), Dec 6 (PTI) A teacher who asked other students to slap a Muslim boy in a school here surrendered at a POCSO court and was released on bail, an official said on Friday. Tripta Tyagi was caught last year in a video asking children to slap a boy in a school where she taught. Additional District Judge (POCSO) Alka Bharti on Thursday granted her bail and ordered her to furnish two sureties of Rs 25,000 each. She posted the matter for further hearing on Friday. Kapil Ahlawat, Tyagi's lawyer, told PTI that Tyagi had surrendered in the Special POCSO court on Thursday and sought ...Read More >
Also Read | Sambhal sparks rift: INDIA bloc allies face leadership turmoil? "Multiple encroachments are being seen around the area," Sambhal DM Rajendra Pensia told ANI. Pensia said, "There was encroachment on roads, sewers, water bodies, and that too for a long time. We are undertaking an 'abhiyan' (drive) to fix it. We launched a campaign in Chandausi and we had decided we would start the campaign here in November. But we could not start." The DM stated the anti-encroachment drive will conti ...Read More >
Jalgaon (Maharashtra) [India], January 22 (ANI): Maharashtra Chief Minister Devendra Fadnavis announced Rs 5 lakh ex gratia to the families of the victims who died in the Jalgaon train accident on Wednesday. The state government will also bear all the medical expenses of the injured, the CM said. Atleast 11 people have died and 6 others injured after Karnataka Express hit passengers in the Jalgaon district of Maharashtra. Also Read | 'Deeply Distressing': Maharashtra CM Devendra Fadnavis Mourns Loss of Lives After 8 Killed, Several Injured in Jalgaon Train Tragedy. The passengers of the Pus ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...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 >
ALSO READ: Lucknow Shocker: 3-Year-Old Girl, Sleeping Under Metro Station, Raped In Alambagh Area; Her Condition Critical Ashish Srivastav, the Deputy Commissioner of Police (DCP) of Central Lucknow, who visited the crime scene on Wednesday night itself, identified the accused as Deepak Verma. While talking to the news agency ANI, DCP Srivastava said, " On the morning of June 5, at 10 am, a complaint was registered that a 2.5 year old girl had been raped... A case was registered and five teams were formed... As per the CCTV footage of the scooter, the accused was identified as Deepak Verma... ...Read More >
Lucknow: A man accused of raping a three-year-old girl died in an encounter with Uttar Pradesh police in Lucknow on Friday, a day after a complaint was registered against him. The accused was identified as Deepak Verma. After receiving the complaint, the police formed five teams and launched a manhunt operation to nab Kumar. Kumar was initially injured in the gunfight. However, he succumbed to injuries during treatment. "Accused Deepak Verma, who was injured in an encounter with the Police, has died during treatment," DCP Central Lucknow Ashish Srivastava told news agency ANI. The girl was a ...Read More >
Hours after Atul Subash's wife Nikita Singhania, her mother Nisha and brother Anurag were arrested for allegedly abetting the suicide, the Bengaluru techie's father, Pawan Kumar Modi has questioned where Atul's four-year-old son is and said the family was worried about him. Modi thanked the police for arresting the woman and her family members. However, he said, "We don't know where she has kept our grandson. Has he been killed or is he alive? We don't know anything about him. I want my grandson ...Read More >
New Delhi: The Supreme Court on Friday said accelerated the trial against former West Bengal education minister Partha Chatterjee facing money laundering probe in the teacher recruitment scam, while directing his release on bail on or before February 1, 2025. The apex court's judgment came on the bail plea of Chatterjee in the money laundering case arising out of the West Bengal cash-for-jobs scam. A bench led by Justice Surya Kant and comprising Justice Ujjal Bhuyan said a suspect can be held in custody indefinitely. The apex court decided to grant bail to Chatterjee, prime accused in teach ...Read More >
Thane, Dec 26 (VOICE) A couple has been arrested in connection with the abduction, rape and murder of a 13-year-old girl in Maharashtra's Thane district. Coming barely after the Badlapur sexual assault on two nursery class girls in August, this is the second case that has sparked outrage with people demanding the noose for the alleged perpetrators - Vishal Gawli, 35 and his wife Sakshi Gawli, 25. Vishal Gawli is accused of kidnapping the girl from near her home, where she was playing on Monday, taking her to his house, assaulting, raping, killing and then dumping her body near a cemetery in ...Read More >
JAIPUR: The Rajasthan Prohibition of Unlawful Conversion of Religion Bill, 2025 was introduced in the ongoing Budget Session of the state Assembly on Monday. The offence under the anti-conversion bill will be cognisable and non-bailable and triable by a court. The Bill is aimed at prohibiting unlawful conversion from one religion to another and has provisions for imprisonment of up to 10 years and a fine of up to Rs 50,000. It was introduced by Health Minister Gajendra Singh Khinvsar and will be passed by the House following a debate during the session. Religious conversion by misrepresent ...Read More >
LUCKNOW: Hours after the abduction and rape of a three-year-old girl sleeping with her mother under a bridge near Alambagh metro station, the accused was killed in an encounter with Lucknow police early Friday.The accused, identified as Deepak Verma, a habitual offender with multiple criminal cases lodged across city police stations, was traced through CCTV footage that captured him fleeing with the child on a white scooter around 3.30 am on Thursday.Deputy Commissioner of Police (Central Zone) Ashish Srivastava said multiple police teams were formed immediately after the incident, and a rewar ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Kuldeep Singh Sengar is also serving a 10-year jail term in connection with the custodial death of the Unnao rape victim's father. Kuldeep Singh Sengar sought interim bail on the grounds that he was suffering from various ailments The Delhi High Court on Thursday granted a two-week interim bail on medical grounds to expelled BJP leader Kuldeep Singh Sengar who is serving life term for raping a minor in Uttar Pradesh's Unnao in 2017. A bench headed by Justice Prathiba M Singh suspended the sent ...Read More >
The Supreme Court on Friday granted bail to eight convicts in the infamous 1987 Hashimpura massacre case of 38 persons by the personnel of the Provincial Armed Constabulary. IMAGE: File photograph of Muslims in Meerut staging a protest demanding justice in the 1987 Hashimpura massacre case. Photograph: PTI Photo/Rediff archives A bench comprising Justices Abhay S Oka and Augustine George Masih took note of the submissions of senior advocate Amit Anand Tiwari, appearing for four convicts, that t ...Read More >
New Delhi, Dec 13 (PTI) The Supreme Court on Friday granted conditional future bail to former West Bengal minister Partha Chatterjee in a money laundering case related to the cash-for-job scam. A bench of Justices Surya Kant and Ujjal Bhuyan said that Chatterjee shall be released on February 1, 2025 subject to the trial court framing charges before the winter vacation and examination of vulnerable witnesses by the second and third week of January 2025. The top court said upon his release Chatterjee shall not hold any public office but can continue as MLA. The bench said that a suspect canno ...Read More >
Bengaluru, Dec 14 (UNI) The tragic suicide of 34-year-old tech professional Atul Subhash has led to the arrest of his estranged wife and her family members in connection with allegations of harassment, extortion, and financial abuse. Subhash, a resident of Manjunath Layout in Bengaluru, was found dead in his apartment on December 9, leaving behind a 25-page suicide note. In the note, he accused his wife, Nikita Singhania, and her family of subjecting him to relentless emotional and financial distress during their ongoing divorce proceedings. Following a complaint filed by Atul's brother, Bik ...Read More >
Kochi: The Kerala High Court on Friday postponed the hearing for businessman Boby Chemmanur's bail application in the sexual harassment case brought by actress Honey Rose to January 14, highlighting the necessity for the state government to submit its response. The court also expressed concerns regarding the urgency of this case and underscored the importance of resolving other outstanding cases. Chemmanur was taken into custody by the Ernakulam Central Police in Wayanad on Wednesday. The Ernakulam First Class Judicial Magistrate Court subsequently remanded him to 14 days of judicial custody ...Read More >
Sharmistha Panoli, a law student, faced arrest over a controversial social media video. The video sparked outrage for allegedly insulting a religious community. Despite an apology, legal action followed. Kolkata Police arrested Panoli in Gurugram. A Kolkata court initially remanded her to judicial custody. Now, the Calcutta High Court has granted her interim bail.The Calcutta High Court on Thursday granted interim bail to influencer Sharmistha Panoli, arrested for allegedly posting video on socia ...Read More >
New Delhi, Dec 13 (PTI) The Supreme Court on Friday granted conditional future bail to former West Bengal minister Partha Chatterjee in a money laundering case related to the cash-for-job scam. A bench of Justices Surya Kant and Ujjal Bhuyan said that Chatterjee shall be released on February 1, 2025 subject to the trial court framing charges before the winter vacation and examination of vulnerable witnesses by the second and third week of January 2025. Also Read | Atul Subhash Suicide Case: Wife Nikita Singhania Absconds, Karnataka Police Arrest Her Mother, Brother From Uttar Pradesh's Jaunp ...Read More >
Kolkata: Probing the murder and rape of the class VIII student in New Town, cops have found that accused Soumitra Roy (22) is an undertrial accused in a four-year-old dowry death case at his hometown in Nadia's Dhantala. He was accused of torturing and killing his former wife for dowry. Cops said in a case dated Aug 2, 2021, Roy was arrested by officers of Dhantala PS. "He got bail in 2022 and then left Nadia with his family and remarried 13 months ago. He still has to appear in a Nadia court in connection with the case on a regular basis," an officer said. TOI on Monday quoted his wife Mous ...Read More >
The Bihar government on Thursday (June 5, 2025) sanctioned compensation of ₹8.25 lakh under the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989, to the family members of the 11-year-old Dalit girl who was raped and brutally assaulted with a knife, and later succumbed to her injuries at the Patna Medical College and Hospital (PMCH) on June 1. The State also announced a monthly pension of ₹7,700 for the victim's family, in addition to the allotment of a house under the Mukhyamantri Awas Yojana. According to officials, the girl, who was transferred from Muzaffarpu ...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 >
Kolkata (West Bengal) [India], June 6 (ANI): Law student Sharmistha Panoli, arrested for allegedly hurting religious sentiments through a social media post, has been granted interim bail by the Calcutta High Court on Thursday. The court directed her to cooperate with the investigation, not leave the country, and furnished bail on a personal bond of Rs 10,000. The court also ordered appropriate police protection for her. Also Read | Goa: Man Held for Trying to Trade Sensitive Data Online Using Cryptocurrency Transactions. Her father, Prithviraj Panoli, expressed relief, citing her health iss ...Read More >
Lucknow, June 6: A man accused of abduction and rape of a three-year-old girl in Lucknow, Uttar Pradesh, was killed in an encounter with police on Friday. The accused was identified as Deepak Verma by the police after scanning CCTV footage that showed him with the child. The officials said he was a habitual offender with criminal cases lodged across the city police stations. Deputy Commissioner of Police (Central Zone) Ashish Srivastava said five police teams were formed immediately after the incident was reported, and a reward of Rs one lakh was announced for his arrest. Police, after identi ...Read More >
Lucknow: The accused in the Alambagh two and a half year old girl rape case was killed in an encounter with the police on Thursday night. The police first caught the accused during a check near the ACP Cantt office, but he allegedly started running and opened fire on the police. In the retaliatory firing opened by the police, the accused got injured and succumbed after some time. Deputy Commissioner of Police (Central) Ashish Srivastava said that the name of the deceased accused is Deepak Verma, who hails from Aishbagh. He used to take out tableaux during Mata Rani's Jagran and supply water t ...Read More >