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.
Bhubaneswar: The police on Friday issued a notice to a peon asking him to clarify his alleged role in serving urine instead of drinking water to a newly appointed junior engineer at a government department in Odisha's Gajapati district, an officer said. The peon, however, asserted that he had taken the water from a purifier machine, kept the bottle in the engineer's room and had no idea what happened thereafter. The police action came around a week after the incident that took place at the office of the Rural Water Supply and Sanitation (RWSS) Department at Parlakhemundi. The junior engineer, who joined the RWSS office on July 18, lodged a complaint at R Udaygiri police station alleging that he was served a bottle of water mixed with human urine by the peon on July 23. The police served the peon a notice asking him to clarify his role in the incident. "There is no point in arresting the peon without having any prima facie evidence against him. We have seized the water allegedly mixed with human urine and sent it to a laboratory for examination. The police have also collected samples from the peon and the engineer," Gajapati SP Jatindra Kumar Panda told PTI over the phone. In his complaint, the engineer said the peon gave him a bottle of water to drink. After drinking a portion of it, he suspected something else was in the water, based on its smell and taste. Two other staff members present at the time also tasted the liquid, and his suspicion was corroborated, the engineer said in the complaint. He then sent the sample to the RWSS laboratory. A preliminary lab test detected 2.0 PPM (parts per million) of ammonia in the sample, raising suspicion of urine contamination. "The high levels of ammonia establish that it was urine. I have filed an FIR with the police. I want a full investigation. I feel humiliated," the engineer told reporters. The peon denied the allegation. "I had brought the water from a purifier machine. I kept the bottle in the engineer's room and do not know what happened thereafter," he said.
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 >
New Delhi, Dec 4 (PTI) Axis Securities on Wednesday settled a case involving front-running trades by Vikrant Bhimrao Kadam, who worked as its dealer, and his friend, after paying Rs 14.62 lakh towards settlement amount to Sebi. It was alleged that as a stock broker, Axis Securities failed to exercise appropriate due diligence in the matter in its dealer and branch manager compliance policy. Also Read | Latest Government Jobs Notifications: Apply for 98 Court Officer, Assistant and Other Posts of NCLT Recruitment 2024; Know Salary and Other Details Here. The order came after Axis Securities ...Read More >
THIRUVANANTHAPURAM: The museum police have arrested three caretakers of the Child Welfare Committee (CWC) for allegedly injuring a two-and-a-half-year-old child. The accused -- Ajitha, Maheswari, and Sindhu were taken into custody on Tuesday under the POCSO Act and relevant sections of the BNS. The incident reportedly happened when the child was hurt in the genital area as a punishment for urinating on the bed. The injury came to light when the child was being bathed. On noticing it, CWC General ...Read More >
The Supreme Court of India has said that mere harassment is not sufficient to hold someone guilty of the offence of abetting suicide, and there must be clear evidence of direct or indirect incitement. Photograph: ANI Photo The observations came from a bench of justices Vikram Nath and P B Varale which delivered its verdict on an appeal challenging a Gujarat high court order which refused to discharge a woman's husband and her two in-laws for allegedly harassing her and driving her to suicide. ...Read More >
Mumbai: The Bombay High Court has raised concern over terminally ill prisoners languishing in Maharashtra's jails and asked the state govt to consider proper implementation of an advisory on grant of medical bail or to place them in house arrest. A division bench of Justices Revati Mohite Dere and Prithviraj Chavan on Monday said they visited the Yerwada central prison in Pune on Sunday and met with prisoners, particularly women inmates, and inspected the condition there. The bench referred to a ...Read More >
Mumbai, Jan 13 (PTI) Shiv Sena (UBT) MP Sanjay Raut met with Nationalist Congress Party (SP) chief Sharad Pawar in Mumbai on Monday amid doubts over the opposition MVA coalition's future after the former announced going solo in the local body elections in Maharashtra. Talking to reporters after the meeting, Raut slammed Union Home Minister and BJP leader Amit Shah for his critical remarks on Pawar and Shiv Sena (UBT) president Uddhav Thackeray made during his visit to Maharashtra on Sunday. Sources revealed that the meeting at Pawar's Silver Oak residence, which lasted for 20 to 25 minutes, ...Read More >
In a heart-wrenching incident, a 30-year-old Dalit youth, who was brutally thrashed, succumbed to his injuries during treatment at a hospital in the Shivpuri district of Madhya Pradesh, and four people have been arrested in this connection. The incident occurred under the jurisdiction of Subhashpura police station on Tuesday, however, the matter came to light after a video surfaced on social media showing four persons beating the youth with sticks and pipes mercilessly. In the video, the victim, identified as Vishnu Jatav, was seen being thrashed by a group of men in a field in Indergarh vil ...Read More >
NEW DELHI: An Enforcement Directorate team undertaking searches in a cyber fraud linked money laundering case was allegedly attacked here on Thursday, officials said. The agency has registered a police FIR about the incident that took place at a farmhouse that was raided by ED officials in the Bijwasan area of southwest Delhi that falls under the Kapashera police station. An Enforcement Officer (EO) suffered minor injuries during the attack. He is continuing with the searches after he was given first aid, officials said. The probe pertains to a case against the PYYPL app. The alleged accus ...Read More >
Noida: Police on Tuesday arrested more than 160 protesting farmers, including the president of Bharatiya Kisan Parishad Sukhbir Yadav 'Khalifa', who were holding a sit-in at the 'Dalit Prerna Sthal' in Noida after their march to Delhi on land compensation and other demands was stopped a day earlier. The protesters, who had gathered in Gautam Buddh Nagar from different parts of Uttar Pradesh on Monday on the call of Samyukta Kisan Morcha (SKM), had threatened to resume their march to the national capital if their demands were not met within a week. Condemning the police action, the SKM said it ...Read More >
The Supreme Court overturned a Madras High Court decision. The high court had refused to dismiss defamation charges against Union minister L Murugan. Murugan faced these charges over statements made in 2020. The Supreme Court accepted Murugan's argument. He said he did not intend to defame the Murasoli Trust. The case is now closed.The Supreme Court on Thursday quashed criminal defamation proceedings against Union minister L Murugan on a complaint filed by the Chennai-based Murasoli Trust for his ...Read More >
UP: Karnataka Police have arrested the mother-in-law and brother-in-law of late Atul Subhash, who committed suicide on December 9 over alleged demand by his wife's family for Rs 3 crore as settlement. The sensational case has triggered debate over harassment of married men and misuse of dowry provisions in the country. Atul Subhash ended his life on Monday leaving behind a 40-page death note and 90-minute video explaining how he was allegedly tortured by his wife. Atul's In-Laws Arrested On Thursday Night The Karnataka Police arrested Nisha Singhania, Atul's mother-in-law and brother-in-law ...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 >
Bhubaneswar, Jan 22 (PTI) The police have intensified security to thwart the possible efforts of the Maoists to enter Odisha following an operation that left 14 red rebels dead in neighbouring Chhattisgarh, an official said on Wednesday. The police remained alert in the districts bordering Chhattisgarh as combing operations were underway in Chhattisgarh. "We have put the police and central forces deployed in different districts to remain alert and prevent possible infiltration of Maoists from the neighbouring state," Odisha DGP Y B Khurania said after holding a review meeting. Khurania along ...Read More >
NEW DELHI: The Uttar Pradesh administration has imposed restrictions on the entry of outsiders into violence-hit Sambhal until December 10, with officials urging leader of opposition in Lok Sabha, Rahul Gandhi to reconsider his planned visit on Wednesday. Moradabad divisional commissioner Aunjaneya Kumar Singh said there is a need for calm in the region, and that "any provocation could escalate the situation" in the district. "The situation in Sambhal is normal right now, but tensions persist," Singh said. "The District Magistrate has banned the entry of people from outside until 10 December ...Read More >
New Delhi, Dec 11 (PTI) A Delhi court has sought a report from police commissioner Sanjay Arora asking why no efforts were made to arrest a man who was serving 10 years in jail in a drugs case but jumped interim bail in 1998 to be held only recently. Additional sessions judge Ekta Gauba Mann was hearing the proceedings regarding a 1994 FIR registered in Jama Masjid Police Station, wherein the investigating officer produced the accused Ashok Kumar Yadav before the court. The court noted the IO's submissions that Yadav was convicted under Section 20 (contravention in relation to cannabis plant ...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 >
Sambhal (UP), Dec 15 (PTI) Weeks after violent clashes over a court-ordered survey of the Shahi Jama Masjid claimed four lives, the district administration has launched a campaign against encroachments and illegal power theft in the area around the historic mosque. As part of its efforts, the administration began removing encroachments from the area on Sunday morning. According to Additional Superintendent of Police (ASP) Shrish Chandra, the focus is on clearing drains outside houses and shops in the area under the Nakhasa police station. The area is close to the residence of Samajwadi Part ...Read More >
In a miraculous turn of events, a seven-year-old boy who was kidnapped from Uttar Pradesh's Ghaziabad district more than 30 years ago has reunited with his family. IMAGE: Raju was kidnapped when he was seven-year-old from Uttar Pradesh's Ghaziabad district. Photograph: ANI Now 38, Raju shared his ordeal and said that after being abducted in September 1993, he was handed over to a truck driver who took him to Jaisalmer in Rajasthan. "The kidnappers kept me in a room located in the middle of a barren area, where I was forced to take care of sheep and goats. Each night, I was chained and locke ...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 >
Shimla, Jan 14 (PTI) Himachal Pradesh Police has filed an FIR against two men from Haryana for allegedly raping a married woman in a hotel in Kasauli, officials said on Tuesday. The accused, Mohanlal Badoli and Jai Bhagwan alias Rocky, also made videos of the act and threatened to kill the victim if she disclosed the incident to anyone, they said. The FIR was registered in Kasauli in Solan district on December 13, 2024. A copy of the FIR was doing the rounds on social media on Tuesday. According to the FIR, the woman was staying in a hotel in Kasauli with her boss and friend when she and he ...Read More >
New Delhi: Former IAS probationer Puja Khedkar, accused of cheating and wrongly availing OBC and disability quota benefits in the civil services examination, has moved the Supreme Court for anticipatory bail. A bench of Justices B V Nagarathna and Satish Chandra Sharma is scheduled to hear the plea on January 15. Khedkar has challenged the December 23 2024 Delhi High Court order which refused to grant her anticipatory bail. The high court said a strong prima facie case was made out against Khedkar and an investigation was required to unearth the "larger conspiracy" to manipulate the system ...Read More >
Mumbai, Dec 3 (PTI) Maharashtra's caretaker Chief Minister Eknath Shinde on Tuesday visited a private hospital in Thane for a "check-up," two days before a new CM is sworn in at an open ground ceremony in south Mumbai. Even as it is not known yet who would take oath as chief minister at Azad Maidan on the evening of December 5, preparations are in full swing for the ceremony, to be attended by Prime Minister Narendra Modi, about 2,000 VVIPs and some 40,000 supporters. Shinde, who had been staying at his private residence in Thane for the last few days, visited the hospital in the morning. "I ...Read More >
INDIA bloc MPs, donning black jackets with slogans like "Modi Adani Ek Hai", protested at Parliament demanding a joint probe into the Adani issue. Priyanka Gandhi Vadra accused PM Modi of evading discussion on the "Adani mega scam" while defending Adani's alleged corruption. Rahul Gandhi asserted that Modi won't investigate Adani as it would be like investigating himself.Congress leader Priyanka Gandhi Vadra Thursday said the country's people want the "Adani mega scam" to be discussed in Parliame ...Read More >
MUMBAI: The case of Bengaluru Techie Atul Subhash who died by suicide citing alleged harassment by his estranged wife has opened up a debate on misuse of anti dowry law. Mumbai-based lawyer Abha Singh described the case as a 'gross misuse of law,' stating that false charges and harassment led to the death of the victim, suffering from harassment from his wife and in-laws. Lawyer Abha Singh also emphasized that the misuse of dowry laws could ultimately deny justice to those who genuinely need protection. "Dowry laws, being made to protect women should not be misused because if some women are ...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 >
Mumbai, Jan 10 (PTI) Shiv Sena (UBT) leader Sanjay Raut on Friday said it was the responsibility of the Congress to keep the INDIA bloc intact as it was the largest party in the opposition alliance. Raut's statement came in the backdrop of Jammu and Kashmir Chief Minister Omar Abdullah's remarks expressing dismay over the lack of clarity on INDIA bloc leadership and agenda, and saying the alliance should be wound up if it was meant only for the 2024 parliamentary elections. "If the alliance partners feel the INDIA bloc was only for the Lok Sabha polls and doesn't exist now, the Congress is t ...Read More >
Two men, including the victim's cousin, have been arrested for allegedly gang-raping a 14-year-old tribal girl in Palghar district, Maharashtra Two men have been arrested for gangraping a 14-year-old tribal student in Palghar district. The case was initially registered under Zero FIR at Mandvi police station in Virar East and later it was transferred to Manor police station on Monday. One of the accused is the victim's cousin, a senior officer in the Palghar police stated. He added, "The incident occurred in October when the minor girl, a Class VIII student, and her 21-year-old cousin return ...Read More >
The agitators demanded strict punishment for those who insulted the statue. Violent protests took place for the second day in central Maharashtra's Parbhani city on Wednesday over alleged vandalising of a replica of the Indian Constitution, police said. Amid the bandh called by some organisations, a mob indulged in arson and police fired teargas shells in response, a senior official told PTI. How did the protest begin? An unidentified person on Tuesday damaged a replica of the Constitution he ...Read More >
Aryan Meena, who lived in the Dausa district of Rajasthan state, was trapped in the narrow well for three days after falling into it while playing on Monday afternoon. The boy, wearing pants and a t-shirt, had to endure plummeting winter temperatures inside the well as well as hunger and thirst. Children and even adult people dying from falling into open borewells is not uncommon in rural India where they are dug to pump water for irrigation and drinking and left abandoned after they run dry. ...Read More >