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.
New Delhi: Two coaches of the Muzaffarpur-Sabarmati JanSadharan Express derailed between Kanpur and Tundla in Uttar Pradesh on Friday afternoon, Railway Ministry officials said. "No injury has been reported so far. Two coaches, including one trolley coach, derailed in the loop line," the official said. He said that the fifth and sixth coaches from the engine derailed at Bhaupur Yard at 4.20 pm. Restoration work has been initiated immediately, and railway officials from Kanpur have reached the site. The general manager of North Central Railway Zone and the divisional railway manager have also proceeded to the site, the official said. NCR PRO Amit Kumar Singh said two general coaches of Muzaffarnagar-Sabarmati Jansadharan Express train derailed near the outer of Bhaupur station on the Delhi-Howrah railway tracks after proceeding from Panki Dham railway station.
Moradabad (UP), Aug 1 (PTI) The Moradabad district administration has cancelled the allotment of a government bungalow granted to former Uttar Pradesh chief minister Mulayam Singh Yadav. The Samajwadi Party (SP) has been asked to vacate the premises within 30 days. The bungalow, located in the posh Civil Lines area near the Police Training College (PTC II), was allotted to the SP patriarch 31 years ago. Spread across nearly 1,000 square meters on Nazul land, the property serves as the local SP office. District Magistrate Anuj Singh said the property is needed for housing officers and other ...Read More >
New Delhi (India) June 30 (ANI): In a move aimed at streamlining fare structures and enhancing the financial sustainability of passenger services, the Ministry of Railways has rationalised the basic fare of Passenger train services, effective from 01 July 2025. The revised fares are based on the updated Passenger Fare Table issued by the Indian Railway Conference Association (IRCA), the railways said in a release. As per the release, no change in Suburban single journey fares and Season Tickets (for both suburban and non-suburban routes). The fare hike varies across different classes and tra ...Read More >
Dozens of trains were affected as restoration work was underway on the Mathura-Delhi route on Wednesday following the derailment of 12 wagons of a coal-laden freight train between Vrindavan Road and Ajhai stations the previous night, officials said. IMAGE: Thirteen coaches of a Goods train derail on the Agra-Delhi rail route, in Mathura, Uttar Pradesh, October 22, 2025. Photograph: ANI Photo "Immediately after the accident, all train operations on this route were halted. However, traffic was re ...Read More >
Bhopal (Madhya Pradesh): A freight train derailed between Vrindavan Road and Ajhai stations on the Mathura-Palwal track in the Agra division of the North Central Railway. Due to the same, several trains passing through Bhopal have been affected. Routes of the following trains have been affected Train number 12722 Hazrat Nizamuddin-Hyderabad Express, scheduled to depart from its originating station on October 21, is running via New Delhi-Delhi-Chhata-Mitawali-Agra/Bayana. Train Number 12804 Hazrat Nizamuddin-Visakhapatnam Express, scheduled to depart from its originating station on 22nd Oct ...Read More >
The Noida International Airport (NIA) in Jewar, Uttar Pradesh, is expected to be inaugurated in a couple of days. As one of India's largest greenfield airports, the NIA, also known as Jewar airport, will significantly boost air connectivity for Delhi-NCR and western UP. Moreover, NIA has been designed to ease congestion at Delhi's Indira Gandhi International Airport. As the initial phase of the project is underway, let's take a look at how well the airport will be connected and what features will ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >
New Delhi [India], August 28 (ANI): The Appointments Committee of the Cabinet (ACC) has extended the tenure of Satish Kumar as Chairman and Chief Executive Officer (CEO) of the Railway Board for a further period of one year, effective from September 1, 2025. An order dated August 27 from the Secretariat of the Appointments Committee of the Cabinet, reads, "The Appointments Committee of the Cabinet (ACC) has approved the extension in tenure of Satish Kumar, Indian Railway Management Service (IRMS) (Retd.) as Chairman & Chief Executive Officer (CEO), Railway Board for a further period of one yea ...Read More >
On Thursday night, two coaches of the Muzaffarpur-Sabarmati JanSadharan Express experienced a derailment incident along the Kanpur-Tundla route in Uttar Pradesh, according to railway officials. Fortunately, initial reports indicate that there have been no casualties or damage reported as of now. Further details are awaited as the situation develops. Two coaches of the Muzaffarpur-Sabarmati JanSadharan Express derailed between Kanpur and Tundla in Uttar Pradesh on Friday, railway officials said. ...Read More >
New Delhi/Kanpur, Aug 1 (PTI) Two coaches of a Gujarat-bound train from Bihar's Muzaffarpur derailed between Kanpur and Tundla in Uttar Pradesh on Friday afternoon, Railway Ministry officials said. No one was seriously injured as the speed of the Muzaffarpur-Sabarmati JanSadharan Express was below 15 kmph, they said. "Two general coaches, sixth and seventh from the engine, derailed in the loop line of Bhaupur Yard at 4.20 pm," said Shashi Kant Tripathi, Chief Public Relations Officer, North Central Railway (NCR). "The train was travelling at a low speed at the time, which averted a major tr ...Read More >
New Delhi, Apr 1 (PTI) Railway Ministry on Wednesday said that a record 1,670 million tonnes of cargo and 741 crore passengers were transported in the financial year 2025-26, registering over 3 per cent annual growth in both sectors. The cargo transport saw an increase of 3.25 per cent, while the passengers sector rose by 3.54 per cent, it said. The total number of passengers carried rose to 741 crore in 2025-26, as compared to 716 crore in 2024-25, reflecting sustained growth in rail usage across the country, the ministry said in a press note. "Correspondingly, total revenue reached approx ...Read More >
Kanpur: Two coaches of the Muzaffarpur-Sabarmati Jan Sadharan Express (15269) derailed between Kanpur and Tundla in Uttar Pradesh on Friday afternoon.The derailment occurred near Bhaurpur outer area near Kanpur while the train was switching to the loop line at point and line number four to give passage to two passing trains. The slow speed of the train averted a major derailment, said rail officials.About 15 passengers sustained minor injuries. The up track remained closed for three hours, brining 12 trains to halt at nearby stations. Senior railway officials and emergency response teams reach ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with natural-voice AI agents and deployed end-to-end social media pipelines capable of scaling global brand ...Read More >
The fire broke out around 7:30 AM when the train (number 12204) was coming from Amritsar. Fatehgarh Sahib (Pb): A fire broke out in a coach of the Amritsar-Saharsa Garib Rath Express near Sirhind railway station here on Saturday morning, officials said. According to the Railway Board, one person sustained minor injuries in the incident, the reason behind which is yet to be ascertained. The fire broke out around 7:30 AM when the train (number 12204) was coming from Amritsar. A Government Rail ...Read More >
New Delhi, June 30 (SocialNews.XYZ) The Ministry of Railways on Monday announced a new fare structure for passenger train services, which will come into effect from July 1. One of the key highlights of the revised structure is that there will be no increase in fares for ordinary non-AC class passengers travelling up to 500 kilometres. The fare rationalisation aims to streamline the existing fare system and improve the financial health of passenger services. The updated fare chart has been issued by the Indian Railway Conference Association (IRCA) and will be applicable across various catego ...Read More >
New Delhi (India) June 30 (ANI): In a move aimed at streamlining fare structures and enhancing the financial sustainability of passenger services, the Ministry of Railways has rationalised the basic fare of Passenger train services, effective from 01 July 2025. The revised fares are based on the updated Passenger Fare Table issued by the Indian Railway Conference Association (IRCA), the railways said in a release. As per the release, no change in Suburban single journey fares and Season Tickets (for both suburban and non-suburban routes). Also Read | Maharashtra Chakka Jam on July 01: Transp ...Read More >
New Delhi [India], July 9 (ANI): In order to improve the railway infrastructure in the country, Railway Minister Ashwini Vaishnaw has announced four more semi-high-speed Amrit Bharat express trains for Bihar. The total number of Amrit Bharat Express trains in the country is now seven, out of which five will be running from Bihar, Executive Director of Information and Publicity at the Railway Board, Dilip Kumar told ANI on Tuesday. 'Railway Minister announced five new trains in his recent visit to Bihar. 4 of these are Amrit Bharat Express trains. Three Amrit Bharat Express trains are current ...Read More >
Mumbai, June 30: In a significant move, the Indian Railways will revise passenger fares across multiple classes starting July 1, 2025, marking the first such increase in five years. This fare hike is being described by officials as the lowest in the past 12 years and is aimed at improving the financial sustainability of passenger services. The Ministry of Railways said that the revision will contribute an additional INR 1,500 crore in annual revenue, which will be used to enhance passenger amenities at stations and onboard trains. The fare hike applies to both ordinary and mail/express trains ...Read More >
Hyderabad, July 18 (SocialNews.XYZ) Telangana Chief Minister A. Revanth Reddy on Friday urged his Andhra Pradesh counterpart, N. Chandrababu Naidu, not to obstruct Telangana's irrigation projects He appealed to the neighbouring state not to obstruct Telangana's crucial irrigation initiatives, including the Palamuru-Rangareddy Lift Irrigation Scheme, as well as the Dindi, Kalwakurthy, Bheema, Nettempadu, and Koilsagar projects. "We demand Andhra Pradesh not to block our projects. We seek cooperation. If our appeals are ignored, we will fight and achieve our goal. I am ready to lead this battl ...Read More >
New Delhi [India], December 18 (ANI): In a significant milestone for the nation's transportation infrastructure, Indian Railways has achieved electrification of 99.2 per cent of its broad gauge network, putting it ahead of countries like the UK (39%), Russia (52%), and China (82%), bringing the country closer than ever to a fully electrified railway system, according to the Ministry of Railways' press release. Fourteen railway zones, including Central, Eastern, and Northern Railways, have achieved 100% electrification, while 25 states and union territories have also completed electrification. ...Read More >
New Delhi, Apr 1 (PTI) Railway Ministry on Wednesday said that it has set a new record in cargo transport by carrying 1,670 million tonnes of freight and registering a growth of 3.25 per cent over the previous year. "This achievement reflects sustained improvements in operational efficiency, capacity augmentation, and growing reliance on rail-based transportation by key sectors of the economy," the ministry said in a press note. It stated that the performance was complemented by a 4.56 per cent increase in the number of wagons handled, which rose from 2,79,12,271 in 2024-25 to 2,91,86,475 in ...Read More >
Bengaluru: Congress national general secretary Randeep Singh Surjewala Monday kicked off a feedback-cum-review exercise in Karnataka, aimed at evaluating the performance of the govt led by chief minister Siddaramaiah and to quell murmurs of dissent.The move also comes amid speculation of a change at the helm and a cabinet reshuffle, but Surjewala firmly denied any connection to changes at the top."This is purely an organisational exercise," Surjewala said. "Unlike what is being projected -- which is a figment of the media's imagination -- these meetings are not to collect feedback for a change ...Read More >
Bhopal: In an effort to streamline passenger fare structure and enhance financial sustainability, the Ministry of Railways has announced a rationalization of base fares for passenger trains, effective July 1, 2025. The revised fares are based on the updated passenger fare table issued by the Indian Railways Conference Association (IRCA). Key Highlights of the Fare Revision: * No change in fares for urban/suburban travel (single journey or season tickets). * In non-AC general class (non-suburban services), the fare has been marginally increased: * No hike for travel up to 500 km * Rs 5 inc ...Read More >
The three Amrit Bharat trains include the Darbhanga to Ajmer Amrit Bharat Express, the Muzaffarpur to Hyderabad Express, and the Chhapra to Delhi Amrit Bharat Express. On flagging off seven new trains in Bihar, Deputy Chief Minister Samrat Choudhary said that the state is "receiving gifts" under the leadership of Chief Minister Nitish Kumar and Prime Minister Narendra Modi. "Under the leadership of CM Nitish Kumar and PM Modi, Bihar is receiving gifts. Today, a total of 7 new rail services were ...Read More >
Indian Railways, Diwali 2025 has issued a booking alert for passengers in the Delhi-NCR region due to the holiday. Due to the busy holiday schedule and other holiday regulations, many Passenger Reservation System (PRS) offices will have shorter hours or remain closed entirely. Passengers are strongly advised to make their travel plans in advance and check ticket office hours to avoid inconvenience. According to the announcement made by Northern Railway, IRCA Bhawan, Delhi Junction ve Hazrat Niza ...Read More >
New Delhi [India], August 28 (ANI): The Appointments Committee of the Cabinet (ACC) has extended the tenure of Satish Kumar as Chairman and Chief Executive Officer (CEO) of the Railway Board for a further period of one year, effective from September 1, 2025. An order dated August 27 from the Secretariat of the Appointments Committee of the Cabinet, reads, The Appointments Committee of the Cabinet (ACC) has approved the extension in tenure of Satish Kumar, Indian Railway Management Service (IRMS) (Retd.) as Chairman & Chief Executive Officer (CEO), Railway Board for a further period of one yea ...Read More >
New Delhi, Jun 30: Passengers travelling in various classes of Indian Railways will see revised fares from July 1, 2025, as the Ministry of Railways has announced a rationalisation of basic ticket prices. While there is no fare increase for journeys up to 500 km in the ordinary class, hikes of ₹5, ₹10, and ₹15 will apply for longer distances in a phased manner, respectively. The revision also includes marginal increases across other travel classes, including AC and mail/express services. The fare adjustment, aimed at enhancing the financial sustainability of passenger services, follows the re ...Read More >
Chennai, Jul 13 (PTI) A moving goods train carrying diesel caught fire on Sunday at Tiruvallur in northern Tamil Nadu affecting train services in the arterial Chennai-Arakkonam route, the Southern Railway said. No casualties were reported. Passengers were, however, stranded and state transport corporation operated special buses to cater to the needs of the travelling public. According to the Southern Railway's official release, few intermediate wagons of the goods train, carrying diesel caught fire while exiting Tiruvallur railway station at around 5.30 hours and many other wagons (3rd from ...Read More >
These trains feature modern amenities, such as foldable snack tables, mobile and bottle holders, fast-charging ports, radium-lit flooring, and improved seating. (Representative image) With the launch of four new non-AC Amrit Bharat trains by Prime Minister Narendra Modi on Friday, Bihar has now become the originating point for five of these upgraded, high-tech trains designed to serve the economically weaker sections. This gives the poll-bound state the distinction of hosting the highest number ...Read More >
NEW DELHI: Volvo, the Swedish luxury carmaker on Friday said it plans to bring the new Volvo EX30 SUV, the entry level luxury electric car, during the forthcoming festive season, to boost electric penetration in the world's third largest car market. "In the last six months the electric car market in India has grown about 4.5 per cent in the mass car market while the luxury car market rose to 9 per cent. We want to accelerate this growth by bringing our new Volvo EX30 electric car during the festival season," Jyoti Malhotra, MD at Volvo Car India told Financial Chronicle in an exclusive interv ...Read More >
New Delhi [India], June 28 (ANI): In a continuing crackdown under Operation Chakra-V, the Central Bureau of Investigation (CBI) conducted coordinated search operations at multiple locations in Ahmedabad and Mumbai on June 25 in connection with a transnational cyber extortion case, the probe agency said on Friday. CBI said that the searches led to the recovery of incriminating evidence. The main suspect behind a transnational cyber extortion syndicate was arrested on June 26 in Mumbai. Also Read | Ludhiana Suicide Case: Elderly Business Couple Dies by Suicide After Alleged Harassment by Bank ...Read More >