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.
COIMBATORE: Three tourists were slapped with a fine of Rs 15,000 by the forest department for causing disturbance to a herd of spotted deer grazing in Mudumalai Tiger Reserve (MTR). A group of tourists going through Mudumalai to Masinagudi Road had stopped at Mandradiyar and got down their car on seeing a herd of deer grazing along the forest area. Unmindful of the risks involved, three youths entered the forest area and shouted out, while one among them ran chasing the animals. The panicked herd of deer retreated into the forest area. Incidentally, Masinagudi forest range officer N Balaji, who came by the way, noticed the reckless attitude of the youth and took them into custody. The trio was identified by police as Abdullah Khan (23), Abdul Aziz (28) and Ibrahim Sheik (30), all hailing from Andhra Pradesh. On the directions of P Arunkumar, Deputy Director of MTR (Buffer Zone), the trio was slapped with a penalty of Rs 15,000. The youth were then let off with a warning after they paid the fine. The forest department has appealed to tourists not to be involved in any act that may disturb wildlife.
KARUR: A two-year-old spotted deer which wandered off from a reserved forest near Vadacheri into Veeranampatti village was chased by stray dogs and took refuge inside a house on Saturday morning. According to sources, the reserved forest is situated close to the village and spotted deer frequently roam near the village border in search of food and water. On Saturday, the deer lost its way while grazing, wandered into Veeranampatti, and was chased by stray dogs. The panicked animal ran into a nearby house, and the owner, Selvakumar, immediately informed forest officials and fire and rescue se ...Read More >
GURGAON: The investigation into the murder of a 25-year-old former international tennis player, allegedly by her father, has revealed a sudden deterioration in their relationship. The apparent reason was a disagreement over the academy she ran near their house, but the roots clearly run deeper. The father, who claims to have spent Rs 2 crore on his daughter's tennis career, told interrogators he was troubled by questions about her "character" that some of his associates had raised.Deepak Yadav, who shot Radhika at their house Thursday morning, had allegedly been insisting for two weeks on her ...Read More >
Guwahati: The Gauhati High Court has expressed profound dismay, describing itself as "perturbed, curious, and shocked" over the Assam government's decision to allocate 3,000 bighas (approximately 991 acres) of tribal land in Dima Hasao district to Mahabal Cement Private Limited for a cement factory. Our sources confirmed that during a hearing on Monday Justice Sanjay Kumar Medhi questioned the rationale behind granting such a vast tract in a Sixth Schedule area, where tribal rights and environmental concerns are paramount, and demanded details on whether environmental clearances were obtained ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advanced Systems Ltd (TASL) for manufacturing key sections of the Rafale fighter jet, including the lateral ...Read More >
Kolkata: A two-member National Commission for Women team on Sunday visited the south Kolkata law college where a student was allegedly gang-raped last week.The team, accompanied by a videographer, was initially denied entry and asked to produce a formal order. After an hour-long discussion at the college entrance, the team, led by Archana Majumdar, was allowed in under two conditions -- no access to the crime scene and no videography permitted.The visit lasted 10 minutes. "We were denied access to the crime scene and other floors. I will include this in my report," said Majumdar, who was the f ...Read More >
Bhubaneswar: Zeenat, the three-year-old tigress from Maharashtra brought to Odisha's Similipal last year under translocation project, is believed to be pregnant after mating with a melanistic male tiger named T-12 Mahabal in May this year. If her pregnancy is confirmed, Zeenat would deliver cubs around August or September this year, said Prem Kumar Jha, Odisha's Principal Chief Conservator of Forests (Wildlife). Love blossomed after Zeenat was released into the wild in April this year. She made the forests between Yamunagarh and Gudugudia in Similipal her new home. In May, she came across a r ...Read More >
Guwahati (Assam) [India], July 5 (ANI): The Meghalaya Forest Department organised an outreach programme for the personnel of the 193rd Border Security Force (BSF) Battalion at Ranikor, Gumaghat Border Outpost (BOP) on the Indo-Bangla border in South-West Khasi Hills (SWKH) district. The main objectives of the outreach programme was to sensitise the BSF personnel on how to deal with herds of wild elephants they often encounter while discharging duty on the international border as well as raise awareness among BOP officials about various forms of wildlife crime, current trends in wildlife traff ...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 >
Ahmedabad: Eight years after earning the Unesco tag as India's first World Heritage City, Ahmedabad is chasing another global title -- host of the 2030 Commonwealth Games (CWG). On Wednesday, the Indian Olympic Association (IOA), at its Special General Meeting, placed the city among the top contenders -- a move widely seen as a dress rehearsal for the bigger prize: the 2036 Olympics.Ahmedabad's bid is anchored by the Rs 6,000-crore Sardar Vallabhbhai Patel Sports Enclave -- a 236-acre, Olympic-grade complex being developed through a state-AUDA public-private partnership. Scheduled for completi ...Read More >
Guwahati: At least 42 poachers were arrested, six major rhino poaching gangs with links to illegal trade of animal parts through Myanmar were identified and nine poaching attempts were foiled under 'Operation Falcon' by the Assam Police and forest department since the operation was launched last year.CM Himanta Biswa Sarma shared a video on 'X' on Monday, hailing the success of the departments' efforts against poaching. He said the operation broke the back of poaching and illegal animal trade. He ...Read More >
Guwahati/Morigaon, Jun 6 (PTI) The flood situation in Assam continued to be critical with over 5.6 lakh people reeling under the deluge in 16 districts, an official bulletin said on Friday. The toll in this year's floods and landslides stands at 21, with two more deaths reported on Thursday. Also Read | Thane Shocker: Wife Booked for Hurling Hot Oil on Autorickshaw Driver During Fight Over Domestic Issues in Kalyan. Wildlife has also been affected with nearly 70 per cent of the Pobitora Wildlife Sanctuary in Morigaon district facing inundation, an official said. The Regional Meteorological ...Read More >
Patna, June 28: Amid intermittent monsoon rains, lightning strikes claimed the lives of two people and injured two others in Gaya district, Bihar, on Saturday. In the Guraru block, Dinesh Yadav (40), a resident of Daulata village, died after being struck by lightning near Bhaduki village while returning from Rafiganj in Aurangabad. His sudden death has left the family in shock. In a separate incident in Pandey Pokhar village of Guraru, Rohit Kumar (14), son of Ramesh Manjhi, died on the spot after being struck by lightning while grazing cattle in a barren field. "There is news of two people d ...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 >
Bhubaneswar, June 5 (UNI) Odisha Chief Minister Mohan Charan Majhi on Thursday urged the people to resolve to end plastic pollution and maintain a healthy, clean environment. "Today, let us pledge to eliminate plastic pollution and create a healthier, cleaner environment for our citizens," Majhi said while addressing the state-level World Environment Day event. He noted that plastic has become an integral part of our lives, especially single-use plastics. Stressing that plastic waste must be ad ...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 >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
BENGALURU: To address the issue of cattle grazing inside forests, particularly in Male Mahadeshwara Hills Wildlife Sanctuary, the Karnataka Forest Department is taking the CSR fund route to empower farmers. As a pilot project, 10 families residing around MM Hills have been selected, and given hybrid cattle breeds like Jersey and Holstein Friesian for dairy activities. They have also been made to sign an undertaking that they will not take their cattle for grazing inside forests, and if found doing so, action will be initiated against them under the Wildlife Protection Act, 1972, and the Fores ...Read More >
Bhopal, Jul 19 (PTI) Madhya Pradesh Chief Minister Mohan Yadav has said that the Indian community in Barcelona made him feel as if he was in his hometown Ujjain, a government release said on Saturday. Yadav, who visited the famous Park Guell in the Spanish capital, said such attractions can also be created in MP, according to the release. "Wherever Indians go, they stick to their traditions and festivals with dignity. This is not merely a dialogue but a heartfelt connection," he said during an interaction with the Indian diaspora and the 'Friends of India' group. Yadav, who is on an officia ...Read More >
UDHAGAMANDALAM: A highly decomposed carcass of a male elephant was found on a piece of patta land in the Singara forest range in the Nilgiris district on Wednesday. Both the tusks of the elephant were missing, forest department officials said. Arun Kumar, deputy director of Masinagudi forest division in the Mudumalai Tiger Reserve, said the forest field staff members found the carcass on a piece of land belonging to Gem Park Resort Private Limited. Forest veterinarian Dr Rajesh Kumar conducted a postmortem at the location where the carcass was found. "The elephant might have died three months ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many claim they first learned of the revised fees only while trying to pay through the university's online ...Read More >
Chief Minister Mohan Yadav has expressed his gratitude to Prime Minister Modi and the Union Cabinet for approving 3 multitracking projects of the Railway Ministry worth Rs 7 thousand 927 crore. Chief Minister Yadav said that the state is making rapid progress under the able leadership of Prime Minister Modi, due to the increasing network of railways in the state, and transportation for the people of the state has also become fast and easier. The people of the state are grateful to Prime Minister Narendra Modi and Railway Minister Ashwini Vaishnaw for the continuous new developments and contri ...Read More >
Guwahati: The flood situation across Assam continues to be critical, with over 5.6 lakh people in 16 districts reeling under the severe flood, an official bulletin confirmed on Friday. The cumulative death toll from this year's floods and landslides has now climbed to 21, following two more fatalities reported on Thursday. Ready for a challenge? Click here to take our quiz and show off your knowledge! The Assam State Disaster Management Authority (ASDMA) bulletin stated that floodwaters are currently submerging 57 revenue circles and 1,406 villages, impacting a total of 5,61,644 individuals ...Read More >
Bengaluru: Exploring scientific solutions to reduce human-elephant conflict across Karnataka, the forest department Tuesday signed a memorandum of understanding (MoU) with the Indian Institute of Science (IISc) for landscape-level conservation of Asian elephants. Renowned ecologist and elephant expert from IISc, Prof Raman Sukumar, and Karnataka chief wildlife warden Prabhash Chandra Ray signed the commencement of the Rs 4.7-crore project, fully funded by the forest department.Admitting an increa ...Read More >
ISLAMABAD: Indian Deputy Chief of Army Staff Lt Gen Rahul R Singh Friday claimed China used the four-day Pakistan-India conflict in May like a "live lab" to test various weapon systems and was providing all possible support to Islamabad in line with its ancient military strategy of killing the adversary with a "borrowed knife". The senior Indian military officer claimed while Pakistan was the "front face", with China extending all possible support to its all-weather ally, Turkiye was also playing a major role by supplying military hardware to Islamabad, adding that India was actually dealing w ...Read More >
Dibrugarh: A baby elephant that had fallen into a muddy pit and remained trapped for nearly two days was rescued by the Deomali Forest Division in Arunachal Pradesh's Tirap district. The rescue operation, which lasted about two hours, was significantly supported by local villagers who joined hands with the Forest Department. Ready for a challenge? Click here to take our quiz and show off your knowledge! Thanks to their combined efforts, the baby elephant was successfully pulled out of the pit and safely guided back into the nearby forest. Upon receiving information about the stranded eleph ...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 >
Nashik (Maharashtra) [India], June 5 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Thursday said that the Hindu Hridaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg will play an essential role in the development of the state. This highway will be a corridor of prosperity for the state. This highway will be connected to Vadhan Port shortly, and CM Fadnavis added it. Chief Minister Fadnavis said that land has been acquired for the Samruddhi Highway in record time. Due to this route, 24 districts of the state, including Vidarbha, Marathwada, and North Maharashtra, have been ...Read More >
Puri: Despite travel uncertainties due to recent conflicts in some parts of the world, people from Europe and elsewhere have reached Puri to witness the annual Ratha Yatra of the sibling deities.As non-Hindus are not allowed inside the 12th-century Jagannath Temple, the Ratha Yatra provides a rare opportunity for devotees across the world to see the deities in their full glory atop their majestic wooden chariots."Back home, we are surrounded by uncertainty and fear. But here, I found peace. I came because this is my only chance to see Lord Jagannath. He comes out for the whole world. This is v ...Read More >
Udhagamandalam: An injured leopard that was spotted roaming near human habitats within the Bitherkad range of the Gudalur forest division in the Nilgiris was captured by the forest department on Tuesday.The department had received several reports of leopard sighting, in and around Ayyankolli, Narikolli, and the Valadu Maha Vishnu temple. A search operation was initiated based on the alerts.A cage trap was strategically placed in the area, following the directives of the principal chief conservator of forests and the chief wildlife warden of Tamil Nadu," said Ravi, a forest range officer (FRO). ...Read More >
Pune: Passengers on board a Goa to Pune SpiceJet flight (SG-1080) had a scare on Tuesday evening when a window panel was found dislodged while the plane was mid-air.The airline played down the incident, saying the window part that had come off was "a non-structural trim component, fitted onto the window for the purpose of shade".But a person on board the plane -- a Bombardier Q400 -- told TOI the incident triggered anxiety among the passengers. "Two to three layers of the window panel just came off," said Aatish Mishra, the passenger."There was no depressurization, but this shouldn't have happ ...Read More >