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.
Mumbai: India's first bullet train is set to launch soon, cutting travel time between Mumbai and Ahmedabad to just two hours and seven minutes, according to Railway Minister Ashwini Vaishnaw. The 508-km-long high-speed rail corridor will begin at Mumbai's Bandra Kurla Complex (BKC) and connect Gujarat's Vapi, Surat, Anand, Vadodara, and Ahmedabad -- operating at a top speed of 320 km per hour.
Katra (Jammu and Kashmir) [India], June 7 (ANI): Jammu and Kashmir Minister Satish Sharma on Friday said that the railway bridge over the Chenab river, inaugurated by Prime Minister Narendra Modi, was a long-pending project and demand. The Minister said that the people of Jammu and Kashmir are development-oriented and that the much-awaited project would boost tourism. Speaking to ANI about the Chenab rail bridge inauguration, Sharma said a day earlier, 'Today, the Kashmir valley has been connected with the rest of the nation. This was a long-pending project and demand. I congratulate Prime M ...Read More >
Hyderabad, Jul 17 (PTI) Telangana Chief Minister A Revanth Reddy on Thursday requested Union IT and Railways Minister Ashwini Vaishnaw to give nod to proposed semiconductor projects in the state expeditiously. Reddy, who met the union minister in Delhi, appealed to him to sanction the proposed Advanced System in Package Technologies (ASIP) and other projects as Telangana is already equipped with world-class infrastructure, a conducive environment for innovation and state-of-the-art research and development centres, an official release said. The CM also sought to sanction several other electr ...Read More >
New Delhi [India], July 17 (ANI): Telangana Chief Minister A Revanth Reddy has requested Union Minister for IT and Railways Ashwini Vaishnaw to expedite the approval of semiconductor projects in the state, a release said on Thursday. The Chief Minister also appealed to the Union Minister to approve the proposed Advanced System in Package Technologies (ASIP) project and the Micro LED Display Fab Project, Crystal Matrix. As Telangana is already equipped with world-class infrastructure, a conducive environment for innovation, and state-of-the-art research and development centres, the Chief Minis ...Read More >
Bengaluru, Jul 19 (PTI) Hockey India on Saturday announced a 40-member core probable group for the upcoming senior women's national coaching camp, which will be held at the Sports Authority of India (SAI) Centre here from July 21 to August 29. The camp holds significant importance as the Indian women's hockey team gears up for the women's Asia Cup, set to begin on September 5 in Hangzhou, China. The tournament will serve as a direct qualification pathway for the 2026 FIH Women's World Cup, with only the champion earning a guaranteed spot. All players from the previous camp have been retaine ...Read More >
New Delhi/Mumbai, Jul 13 (PTI) A five-member team, headed by 56-year-old Sanjay Kumar Singh, is probing the fatal crash of the Air India aircraft last month in Ahmedabad that killed 260 people. Aircraft Accident Investigation Bureau (AAIB) Director Singh is the Investigator-in-Charge and Deputy Director Jasbir Singh Larhga is the Chief Investigator. Also Read | Railway Minister Ashwini Vaishnaw Approves To Install CCTV Cameras in All 74,000 Coaches To Enhance Passenger Safety. There are also three Directorate General of Civil Aviation (DGCA) officials in the investigation team -- Deputy Dir ...Read More >
Union Railways Minister Ashwini Vaishnaw has said indigenously made 150 Vandebharat trains are slated for export with the first train set already flagged off by Prime Minister Narendra Modi. More railway rolling stock, including metro coaches, are getting export orders and the upcoming ₹521.26 crore mega Kazipet Railway Manufacturing Unit is going to play a key role once it is commissioned in 2026, he told the media at the factory site on Saturday (July 19, 2025). What will be manufactured the ...Read More >
New Delhi, August 3: Railway Minister Ashwini Vaishnaw on Sunday said that India's first bullet train between Mumbai and Ahmedabad will commence operations "very soon," and it will reduce travel time between the two cities to just 2 hours and 7 minutes. Talking to reporters at the Bhavnagar terminus in Gujarat, after virtually flagging off three trains: the Ayodhya Express, Rewa-Pune Express, and Jabalpur-Raipur Express, Vaishnaw stated that the bullet train project is moving quickly. Mumbai's Bandra Kurla Complex (BKC) will be connected to major cities of Gujarat, such as Vapi, Surat, Vadoda ...Read More >
Srinagar: Imagine gliding effortlessly above the clouds atop the world's highest railway bridge, with panoramic views of snow-capped peaks, lush green valleys, and rivers carving their way through rugged mountains. This is the experience Kashmir's first high-speed train journey offers -- promising to transform travel and tourism in the region forever. On Friday, Prime Minister Narendra Modi inaugurated two cutting-edge Vande Bharat trains running between Katra and Srinagar, slashing travel time by hours and providing year-round, reliable connectivity to the Kashmir valley. This train ride doe ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
New Delhi, July 1 (SocialNews.XYZ) The Centre on Tuesday launched 'RailOne', a super app designed to serve as a one-stop platform for all railway-related queries, passenger needs and services. The app, launched by Union Railways Minister Ashwini Vaishnaw in the national capital, aims to enhance convenience by integrating multiple services into a single interface. With a user-friendly interface, the RailOne is live and available to download on Google Play Store and iOS App Store. The new app integrates services such as unreserved and platform tickets with 3 per cent discount, live train track ...Read More >
New Delhi [India], July 13 (ANI): Based on the positive outcome of experimental installation of CCTV cameras in passenger coaches, Railways has decided to install CCTV cameras in all coaches, according to a press release from the Ministry of Railways on Sunday. "This move will significantly improve passenger safety. Miscreants and organised gangs take advantage of gullible passengers. With cameras, such incidents will significantly reduce. To preserve privacy of passengers, CCTV cameras will be installed in the common movement area near the doors." Also Read | Chennai Power Cut on July 15: S ...Read More >
Bhavnagar (Gujarat) [India], August 3 (ANI): Railway Minister Ashwini Vaishnaw on Sunday flagged off a new train from Gujarat Bhavnagar Terminus Railway station to Ayodhya. On the occasion, the Railway Minister said, A lot of new developmental works are being undertaken in Bhavnagar. Many new trains will also start from Bhavnagar. It is also emerging as a great hub of container manufacturing. PM Modi increased the budget for railway development projects by 29 times for Gujarat. 87 new stations are being constructed in the state. The bullet train project is also progressing rapidly, he added. ...Read More >
Ahmedabad: Railway Minister Ashwini Vaishnaw on Sunday announced that India's first bullet train between Mumbai and Ahmedabad will begin operations very soon, reducing travel time between the two cities to just 2 hours and 7 minutes. He was speaking to reporters at the Bhavnagar terminus in Gujarat after virtually flagging off three trains, namely the Ayodhya Express, Rewa Pune Express, and Jabalpur Raipur Express. He further stated that the bullet train project is progressing rapidly. The 508-kilometre high-speed rail corridor will connect Mumbai's Bandra Kurla Complex (BKC) with key cities ...Read More >
The Amrit Bharat Station Scheme is a long-term project by the Indian Railways aimed at transforming more than 1,300 railway stations across the country. Prime Minister Narendra Modi is inaugurating 103 redeveloped Amrit stations across India on Thursday via video conferencing from Bikaner. The redeveloped stations are spread across 86 districts in 18 States and Union Territories and have been built at a cumulative cost of over Rs 1,100 crore, according to a release by the ministry of railways. ...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 >
Bhopal, Jun 26 (PTI) The much-awaited direct weekly train service between Gwalior in Madhya Pradesh and Karnataka's capital Bengaluru started on Thursday. Union Minister Jyotiraditya Scindia showed the green flag to the train at the Gwalior station, while Madhya Pradesh Chief Minister Mohan Yadav and Union Railway Minister Ashwini Vaishnaw took part in the flagging off ceremony through video link from Jabalpur and Delhi, respectively. Yadav said the Gwalior-SMVT Bengaluru Weekly Express will be a gift for the youth in the region who are pursuing career in IT as they will be able to reach Ben ...Read More >
Samastipur (Bihar) [India], July 8 (ANI): In a continued effort to modernise and upgrade railway infrastructure in Bihar, Union Minister for Railways Ashwini Vaishnaw on Monday laid the foundation stone and inaugurated several key projects worth Rs 17.30 crore at Karpoorigram Station under the Samastipur division. At the outset, Vaishnaw inspected the Digha Bridge Halt and thoroughly reviewed passenger amenities, safety, cleanliness, platform condition, drinking water, lighting, and security arrangements, according to a statement from the Ministry of Railways. He directed officials to work t ...Read More >
Hyderabad, July 17 (SocialNews.XYZ) Chief Minister A. Revanth Reddy on Thursday requested Union Minister for IT and Railways Ashwini Vaishnaw to expeditiously give approval for semiconductor projects in Telangana. The Chief Minister also appealed to the Union Minister to approve the proposed Advanced System in Package Technologies (ASIP) project and Micro LED Display Fab Project Crystal Matrix as Telangana is already equipped with world-class infrastructure, conducive environment for innovations and state of the art world-class research and development centres. Accompanied by state IT Minist ...Read More >
New Delhi, July 19 (PTI) The Regional Medical Research Centre in Bhubaneswar, under the Indian Council of Medical Research (ICMR), has developed an advanced malaria vaccine that can prevent plasmodium falciparum infection in individuals and minimise community transmission. The ICMR Delhi has invited Expressions of Interest (EoI) from eligible organisations, companies and manufacturers enthusiastic about the Transfer of Technology for commercial production of "a recombinant chimeric multi-stage malaria vaccine (AdFalciVax) against plasmodium falciparum". ...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 >
Officials say the train will help the troubled region, but many Kashmiris see it as a tool to entrench the Indian government's control. After decades of highly complex engineering work and billions of dollars in investment, India has finally connected the Himalayan region of Kashmir by rail to the rest of the country. The train link, which was officially inaugurated on Friday, fulfilled a dream dating back to the British colonial era. Indian officials called it a transformative leap for the res ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
NEW DELHI: In a significant development, Indian Railways has proposed to prepare and release the reservation chart eight hours before a train's departure, replacing the current practice of releasing the chart four hours before departure. This new timeline is expected to come into effect from 1st July this year. The decision follows a series of meetings between railway officials and Railway Minister Ashwini Vaishnaw, aimed at improving convenience for passengers, particularly those holding waitlisted tickets. Confirming the development to this newspaper, a senior railway official said on Sun ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
New Delhi [India], July 19 (ANI): The Chief Minister of Uttar Pradesh, Yogi Adityanath, met Prime Minister Narendra Modi and Union Home Minister Amit Shah in New Delhi on Saturday. The Prime Minister Office (PMO) handle posted on X, Chief Minister of Uttar Pradesh, Shri @myogiadityanath, met Prime Minister @narendramodi. Sharing an X post about the meeting, CM Yogi wrote, I had the honour of meeting the world most popular leader, the respected Prime Minister Shri @narendramodi ji, in New Delhi today and received his warm guidance. Heartfelt gratitude to Prime Minister ji for granting me his ...Read More >
Mumbai (Maharashtra) [India], August 3 (ANI): In a major crackdown on narcotics smuggling, officers of the Airport Commissionerate, Mumbai Customs Zone-III, have seized 14.738 kgs of suspected NDPS hydroponic weed (marijuana) valued at approximately Rs 14.73 crore during operations on Sunday. The seizures were made across Chhatrapati Shivaji Maharaj International Airport (CSMI), resulting in the arrest of one passenger, as stated in the press release. The passenger was arrested under the provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. Based on specific intel, ...Read More >
The Indian government has announced a 375km rail network expansion, aimed at enhancing economic growth and connectivity in North Maharashtra, Madhya Pradesh, and Uttar Pradesh. With a total cost of approximately Rs79.27bn ($1.05bn), these projects are aimed to be completed within four years. Union Minister of Railways, Ashwini Vaishnaw, detailed the Cabinet Committee on Economic Affairs' approval of three railway infrastructure projects. The projects include the Jalgaon-Manmad fourth line (160 km), Bhusawal-Khandwa third and fourth lines (131km), and the Prayagraj (Iradatganj)-Manikpur thir ...Read More >
New Delhi, June 5 (SocialNews.XYZ) Union Minister Ashwini Vaishnaw on Thursday described the Chenab Bridge built on the Jammu and Srinagar railway line as an engineering marvel, saying that it has been designed to tackle winds up to 260 kilometres per hour and falls in Seismic Zone 5. Talking to reporters about the unique features of the bridge, the Union Minister said its design is very complicated and its foundation is equal to half a football field. About 30,000 tonnes of steel have been used to build this bridge, which is now touted as the world's highest railway arch bridge. Prime Mini ...Read More >
New Delhi, June 29 (SocialNews.XYZ) India has witnessed a series of tragic religious stampedes in 2025, which raised significant concerns about crowd management and public safety at large religious gatherings. From Jagannath Yatra in Odisha to the Maha Kumbh in Uttar Pradesh, and stampedes in Delhi and Goa, many have lost their lives and thousands have been injured, indicating a series of security and crowd management lapses at such crucial religious gatherings. The latest tragedy occurred on Sunday during the Jagannath Yatra in Puri, Odisha. As thousands of devotees gathered near the Gundic ...Read More >
New Delhi, July 1: Railway Minister Ashwini Vaishnaw launched on Tuesday the RailOne mobile application, which can help passengers get easy access to multiple services such as ticket booking, train and PNR enquiry, journey planning, rail help services and meal booking. Vaishnaw inaugurated the app, available on both Android Play Store and iOS App Store platforms, at the 40th Foundation Day celebrations of the Centre for Railway Information Systems (CRIS). "RailOne App is a one-stop solution for all passenger needs. Through this app, passengers get easy access to the following services: Ticket ...Read More >