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.
Nagpur: Nagpur police arrested a man for allegedly threatening to bomb Union Minister Nitin Gadkari's residence on Wardha Road in Maharashtra's Nagpur District. The incident led to heightened security at the senior BJP leader's house. The accused, identified as Umesh Vishnu Raut, was detained by the police and is now in police custody. According to the police, the city control room received a call on the emergency number 112, warning that Gadkari's Mahal residence would be blown up within ten minutes. The call was traced to mobile number 7498579746, registered in the name of Umesh Vishnu Raut, a resident of Tulsi Bagh Road, Mahal, near Beema Dawakhana, Sakkardara. On this, DCP Nagpur, S Rushikesh Reddy said, "We received a call in which someone claimed they had planted a bomb in Nitin Gadkari's home, and it was going to explode. Immediately, we activated the bomb squad and informed the home's security. Our officers also conducted a visit. We also checked the house with the bomb squad. However, we were unable to find anything. So, we immediately understood it was a hoax call". The accused Raut, who works at a liquor shop near Medical Square, was detained from the Beema Dawakhana area shortly after the threat call. He is currently in police custody for further interrogation, and an investigation into the motive behind the threat is underway. DCP Reddy further said, " We traced the call to its origin and located the caller. We filed an application and arrested him; he is now in our custody. The investigation is ongoing to determine why he did this. We have arrested a person named Umesh Raut. The call was made from his phone number... He has no criminal history and no previous cases against him... He is a server at an alcohol shop." Police officials confirmed that security around Gadkari's residence was intensified following the incident.
Mumbai (Maharashtra) [India], December 4 (ANI): BJP leader Devendra Fadnavis, Shiv Sena chief Eknath Shinde and NCP chief Ajit Pawar on Wednesday met Governor CP Radhakrishnan to stake claim to form the Mahayuti government. BJP's Central Observers for the state, Union Minister Nirmala Sitharaman and Vijay Rupani were also present at the meet. Also Read | Stock Market Today: Indian Stock Market Ends in Green, All Eyes on RBI's MPC Decision on Repo Rate. Fadnavis is scheduled to take oath as the Chief Minister on December 5 after being unanimously chosen as Leader of Maharashtra BJP Legislati ...Read More >
New Delhi [India], December 12 (ANI): JD(U) MP Sanjay Kumar Jha on Thursday backed the proposed 'One Nation, One Election' bill, stating that party supremo Nitish Kumar has always supported simultaneous Lok Sabha and Vidhan Sabha elections. He added that the party had previously voiced its support for the bill and had approached the relevant committee. Jha remarked, "Our party welcomes this. We had approached this committee, and I was also part of the delegation. Nitish Kumar has always advocated for simultaneous elections to the Lok Sabha and Vidhan Sabha. We conveyed to the committee that ...Read More >
Seven Maoists including two women were killed in an encounter with security forces in Chhattisgarh's Narayanpur district on Thursday, a senior police official said. IMAGE: District Reserve Guards of the Chhattisgarh police celebrate after an anti-Maoist operation in Sukma, Chhattisgarh, November 22, 2024.Photograph: ANI Photo The gunfight broke out around 3 am in the forest of south Abujhmad along the border of Narayanpur and Dantewada districts, inspector general of police (Bastar Range) Sunda ...Read More >
Lakhimpur Kheri, December 3: Talent knows no boundaries. A testament to this is 28-year-old Muneer Khan from Lakhimpur Kheri in Uttar Pradesh, whose innovations and technical skills have gained him global recognition. From a 'smart water bottle' to 'smart soil testing device,' and more recently, 'AI-enabled eye-glasses,' what makes his innovations stand out is their ability to improve everyday convenience for ordinary people. Born in a humble and poor family in Kheri's Gauriya village, Muneer lost his father when he was just one year old. His four older brothers and mother worked tirelessly t ...Read More >
Pointing to the increase in the country's stature in the world forum, he asked how, under these circumstances, the promises made to farmers cannot be fulfilled. "Policy-making is not on right track," he added.. Jagdeep Dhankhar's comments come amid a spike in farmer protests. Vice President Jagdeep Dhankhar took up the farmers' issue and questioned the government on their behalf today, directing most of his queries at the Union agriculture minister. Pointing to the increase in the country's sta ...Read More >
Lalu Yadav was reacting to Nitish Kumar's plans to launch the Mahila Samwad Yatra, an initiative aimed at directly engaging with women in Bihar. RJD chief Lalu Prasad Yadav on Tuesday stoked controversy after passing a sexist remark at Nitish Kumar's upcoming women's rally, saying that the Bihar Chief Minister was attending it to "ogle at women." Yadav was reacting to Kumar's plans to launch the Mahila Samwad Yatra, an initiative aimed at directly engaging with women in Bihar. "Nain sekne ja ra ...Read More >
New Delhi: The Union Cabinet cleared the bill for the 'One Nation, One Election' proposal on Thursday (December 12). This development comes as Prime Minister Narendra Modi and the NDA have been repeatedly advocating for this initiative asserting that it will "strengthen the democracy" by holding simultaneous elections in the country. "Elections are held at different places every few months and it hampers the developmental work and all of you know it. Therefore, it is must to have deep study and deliberation on 'One Nation, One Election'," the PM said. "Only one voters' list should be used f ...Read More >
TNCC president K Selvaperunthagai described the passing of Elangovan as "a huge loss". Senior Congress leader and former Union Minister E V K S Elangovan died due to age-related ailments at a private hospital here on Saturday, the hospital said. He was 75. The legislator from Erode East constituency has not been keeping well for over a month. He was admitted to a hospital here on November 11. "He passed away today despite the best efforts of the medical staff," the hospital said. TNCC preside ...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 >
Chhattisgarh (Bastar), Dec 12 (UNI) Seven Naxals were killed in an encounter with the security forces in the South Abujhmarh area of Chhattisgarh's Narayanpur district in the wee hours of Thursday. So far, seven bodies have been recovered, including that of a top Naxalite, who was part of the red ultras' Central Committee. Since 3 am, there has been intermittent firing between security forces and the Naxals, police said. According to the police, a joint team of the Special Task Force, Central Reserve Police Force, and District Reserve Guard from Narayanpur, Dantewada, Jagdalpur, and Kondagao ...Read More >
Guwahati (Assam) [India], December 13 (ANI): AIUDF MLA and Party General Secretary Dr Rafiqul Islam responded to the Union Cabinet's approval of the 'One Nation, One Election' and labelled the bill "very difficult and almost impossible" to implement effectively, questioning its sustainability given the country's vast and diverse political landscape. The AIUDF MLA claimed that the BJP lacks the majority to pass the bill in Parliament and suggested it might be referred to a Joint Parliamentary Committee (JPC). Also Read | Atul Subhash Suicide Case: Wife Nikita Singhania Absconds, Karnataka Pol ...Read More >
New Delhi: Chaos erupted in political circles after Rajya Sabha Chairman Jagdeep Dhankhar informed the house on Friday that a bundle of cash was found on a seat allotted to senior Congress leader Abhishek Manu Singhvi. "I hereby inform the members that during the routine anti-sabotage check of the chamber after the adjournment of the House yesterday. Apparently, a wad of currency notes was recovered by the security officials from seat number 222 which is presently allotted to Abhishek Manu Singhvi, elected from the state of Telangana..The matter was brought to my notice, and I made sure an in ...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 >
During a discussion on road accidents in Lok Sabha, Mr Gadkari said, "I have no hesitation to admit that it (road accidents) has increased." Road accidents claim 1.78 lakh lives in the country, annually, said Union Minister Nitin Gadkari. "When I go to attend international conferences where there is a discussion on road accidents, I try to hide my face," Nitin Gadkari said on Thursday, underlining he had set a target to reduce accidents by 50 per cent when he first took charge as the Road Trans ...Read More >
Guwahati, Dec 12: The Union Cabinet on Thursday approved the "One Nation, One Election" bill, a landmark proposal aimed at synchronising elections across the country. Assam Chief Minister Himanta Biswa Sarma, currently on a visit to Odisha, hailed the move as a significant step toward "minimising disruptions" to developmental work caused by frequent election cycles. Speaking to the press during a visit to Jagannath Temple in Puri, Sarma asserted the rationale behind the initiative, stating, "Recently, we held Lok Sabha elections, and now legislative elections are around the corner in Assam. ...Read More >
Mumbai: Bollywood star Varun Dhawan, who is currently promoting his upcoming film "Baby John", got a chance to meet Union Home Minister Amit Shah during his visit in the National Capital and said it was an "absolute pleasure." Varun took to Instagram, where he shared a picture with the renowned leader. In the photograph, the two are seen looking at the camera smiling. "Inke Saamne Toh Hum Sab 'Baby' Hai'," Varun wrote for Amit Shah, who is tagged as the Chanakya of Indian politics. Varun expressed his gratitude on meeting the leader. "It was an absolute pleasure to meet the Honorable Home ...Read More >
Mumbai, Dec 5 (PTI) BJP legislature party leader Devendra Fadnavis will be sworn-in as the new chief minister of Maharashtra on Thursday evening at a grand ceremony here to be attended by Prime Minister Narendra Modi and several other dignitaries. Fadnavis, who would be occupying the CM's post for the third time, along with two deputy chief ministers will take the oath of office, BJP leader Sudhir Mungantiwar told reporters, adding that other members of the cabinet will take oath later. Nationalist Congress Party chief Ajit Pawar and Shiv Sena chief Eknath Shinde are expected to take oath as ...Read More >
Kolkata, Dec 12 (VOICE) BJP leader Rahul Sinha on Thursday accused West Bengal Chief Minister Mamata Banerjee of not genuinely wanting the INDIA bloc to succeed, amid ongoing speculations about her leadership aspirations within the Opposition alliance. Sinha's remarks came after Mamata Banerjee expressed her willingness to lead the INDIA bloc, receiving backing from some alliance leaders. Following this, Mamata thanked her 'supporters', stating that she is "indebted" to their faith in her and wishes for the alliance's success. Reacting to her statements, Sinha accused Mamata of harbouring pe ...Read More >
Moradabad (Uttar Pradesh) [India], December 13 (ANI): Samajwadi Party (SP) leader ST Hasan on Friday said that the 'One Nation, One Election' rule was not possible in the country with the various cultures and laws present. "The One Nation, One Election rule is not possible in our country. Our country has a lot of different cultures and religious laws. There is a huge conspiracy behind it... Indirectly, only the centre will rule. They are trying to change the Constitution. They are talking about a common civil court, saying One Nation One Constitution... tomorrow you'll say One Nation One Cult ...Read More >
CHENNAI: The Dravida Munnetra Kazhagam (DMK) has issued a whip ordering its party MPs to attend the Lok Sabha sessions on December 13 and 14 (today and tomorrow), as some important legislative business is likely to be discussed, said a Daily Thanthi report. They have been asked to be present in the lower House ahead of the rare Constitution debate which is all set to take place in the Lok Sabha on December 13 and 14, and in the Rajya Sabha on December 16 and 17. The discussion is being held to commemorate the 75th anniversary of adoption of India's Constitution. The Bharatiya Janata Party (B ...Read More >
Nashik, Dec 17 (VOICE) Upset over his exclusion in the recent Cabinet expansion, senior NCP legislator and Samata Parishad founder, Chhagan Bhujbal on Tuesday slammed the party President and Maharashtra Deputy Chief Minister, Ajit Pawar and Working President Praful Patel and asked whether he was a "toy in their hands."Bhujbal, who is sulking over not getting a ministerial berth decided to skip the ongoing Winter Session of the House and reached Nashik on Tuesday. He met a large number of supporters and declared that he would find out who had denied him the ministerial berth despite Chief Mini ...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 >
Mumbai (Maharashtra) [India], December 4 (ANI): Bharatiya Janata Pary (BJP) leader Devendra Fadnavis said on Wednesday that Maharashtra Governor CP Radhakrishnan has invited the Mahayuti alliance to form the next government and the oath taking ceremony will take place tomorrow. Fadnavis said the Mahayuti leaders met the Governor and handed over letters of support. Also Read | Why Is Maharashtra Assembly Winter Session Held in Nagpur? Know History and Reason Behind Nagpur Being State's Winter Capital. Fadnavis along with Shiv Sena chief Eknath Shinde and NCP chief Ajit Pawar on Wednesday met ...Read More >
Mumbai: Bringing an end to the 10-day-long nail-biting haul since the Mahayuti's win in the Maharashtra elections, Devendra Fadnavis (54) will be sworn in as Chief Minister at Mumbai's historic Azad Maidan at 5.30 pm on Thursday, December 5. His swearing-in comes a day after he was elected leader of the Bharatiya Janata Party's (BJP) legislative party unit in the presence of party supremos. Devendra Fadnavis was born on July 22, 1970. His father, Gangadharrao Fadnavis, was a member of the Maharashtra Legislative Council from Nagpur, and his mother, Sarita Fadnavis, was a former director of th ...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 >
NDIA bloc leaders, who submitted a notice of no-confidence motion against the Rajya Sabha Chairman Jagdeep Dhankhar on Wednesday, blamed the chair for not allowing them to speak in the Rajya Sabha. The leaders held a joint press conference labelling several charges against the chairman. "His behaviour (RS chairman) has damaged the dignity of the country. He has brought such a situation in the history of parliamentary democracy that we had to bring this notice for the resolution (of no confidence ...Read More >
New Delhi [India], December 15 (ANI): A friendly cricket match between Parliamentarians under Rajya Sabha Chairman XI and Lok Sabha Speaker XI is being played at Major Dhyan Chand National Stadium on Sunday. BJP MP Anurag Thakur captained Lok Sabha Speaker XI while Union Minister Kiren Rijiju led Rajya Sabha Chairman XI. The friendly affair has been named 'TB Mukt Bharat awareness cricket match'. Speaking to ANI, Union Minister Kiren Rijiju says, "Several of our MP colleagues have come here. With the mantra of fitness...this event has been scheduled to fill people with vigour through sports. ...Read More >
Nashik, December 17: Upset over his exclusion in the recent Cabinet expansion, senior NCP legislator and Samata Parishad founder, Chhagan Bhujbal on Tuesday slammed the party President and Maharashtra Deputy Chief Minister, Ajit Pawar and Working President Praful Patel and asked whether he was a "toy in their hands." Bhujbal, who is sulking over not getting a ministerial berth decided to skip the ongoing Winter Session of the House and reached Nashik on Tuesday. He met a large number of supporters and declared that he would find out who had denied him the ministerial berth despite Chief Minis ...Read More >
Union Minister Nitin Gadkari described politics as a "sea of unsatisfied souls," where individuals are often unhappy and aspire to higher positions than their current roles. Speaking at the launch of the book 50 Golden Rules of Life in Nagpur on Sunday, Gadkari reflected on the challenges inherent in various aspects of life. He remarked, "Life is a game of compromises, compulsions, limitations, and contradictions," emphasising the universality of struggles across family, social, political, and corporate spheres. The senior BJP leader stressed the importance of mastering the "art of living" to ...Read More >
Mumbai: Chief minister Devendra Fadnavis said on Thursday that he held discussions on cabinet expansion with union home minister Amit Shah, party national president J P Nadda, and the party national general secretary B L Santhosh on Wednesday night. Fadnavis was on a two-day visit to Delhi days after being sworn in as chief minister. He met President Draupudi Murmu, PM Narendra Modi, defence minister Rajnath Singh and union road transport minister Nitin Gadkari. He also presented five different ...Read More >