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 -- As India moves toward a higher ethanol blend in petrol to cut emissions and reduce oil imports, consumer complaints about engine wear and decreased mileage are mounting. The country recently achieved its goal of a 20% ethanol mix, E20, in petrol, but concerns are rising among drivers. Social media figures, like car reviewer Amit Khare, have criticized the fuel for being 'dry and corrosive,' impacting engine performance. Consumers are demanding more transparency and options at fuel stations, with many unsure of the exact ethanol content in their fuel. While the government downplays concerns, admitting only minor mileage drops, manufacturers like Hero MotoCorp and TVS Motor advise modifications for older vehicles. The pressure mounts on the government to ensure fuel compatibility as drivers express frustration over potential engine damage.
New Delhi, Dec 4 (VOICE) Aadit Palicha, Co-founder and CEO of Zepto, on Wednesday said he is not against work-life balance and even recommends it to his competitors. Palicha's statement comes even as a viral post, on the American social media platform Reddit, accused the quick e-commerce platform of toxic work culture. "I have nothing against work-life balance. In fact, I recommend it to all our competitors :)," said the 22-year-old CEO, in a post on social media platform X. The Reddit post, by an anonymous user, alleged that Zepto's working environment was "toxic", with employees working ex ...Read More >
Imphal, June 8: Fresh violence erupted across five valley districts of Manipur on Saturday night after protesters clashed with security forces, demanding the immediate release of arrested Arambai Tenggol leaders. In response, the administration swiftly imposed prohibitory orders and suspended internet services in Imphal West, Imphal East, Thoubal, Bishnupur, and Kakching districts for five days. Tensions remained high on Sunday morning, with heightened security measures around key locations, including roads leading to the Raj Bhavan. Additional central forces were deployed across the state c ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
New Delhi/Noida, Jun 27 (PTI) End-of-life vehicles detected at fuel stations or found parked at public places will be impounded and a penalty of Rs 10,000 imposed on four-wheeler owners and Rs 5,000 on two-wheeler owners starting July 1, officials said on Friday. EOL vehicles are diesel vehicles older than 10 years and petrol vehicles older than 15 years. Irrespective of the states they are registered in, they will not be given fuel in Delhi starting July 1, according to directions issued by the Commission for Air Quality Management (CAQM) earlier. Around 500 fuel stations in Delhi have inst ...Read More >
New Delhi: Mukesh Ambani's Reliance Industries is deliberating on closing a deal with the Russian oil giant PJSC Rosneft Oil Company, the talks for which are in an early stage. The talks are about sale of Rosneft's 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for the acquisition of Nayara. If it happens then it will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner. Since the discussions are in initial stage, there is no ...Read More >
July NY world sugar #11 (SBN25) on Thursday closed down -0.33 (-2.07%), and August London ICE white sugar #5 (SWQ25) closed down -1.10 (-0.23%). Sugar prices on Thursday extended their three-month-long selloff, with NY sugar dropping to a 4-year nearest-futures low. Sugar prices have been under pressure over the past three months due to expectations of a global sugar surplus. On May 22, the USDA, in its biannual report, projected that global 2025/26 sugar production would increase by +4.7% y/y t ...Read More >
Indore (Madhya Pradesh): Imagine stepping into a home where even the taps glisten in gold, that's what Instagram creator Priyam Saraswat found during his visit to a stunning mansion in Indore, Madhya Pradesh. The house belongs to Anoop Agrawal, a government contractor, who takrs highway projects. The video of his mansion has gone viral for its jaw-dropping interiors, decorated with 24-carat gold. From furniture and light switches to lamps and idols, almost everything in the house has been coated or crafted in gold. Even the water taps, murti (idols), and decor pieces sparkle with pure gold ...Read More >
New Delhi, Jul 3 (PTI) The Delhi government on Thursday urged the Centre's air quality panel to immediately suspend the fuel ban on overage vehicles and said it will also make "all out efforts" to resolve issues related to restrictions on the movement of end-of-life vehicles on the city's roads. In his letter to Commission for Air Quality Management (CAQM) chairman Rajesh Verma, Environment Minister Manjinder Singh Sirsa said the fuel ban is not feasible and that it cannot be implemented due to technological challenges. The move three days after the ban came into effect in the national capit ...Read More >
NEW DELHI: The Delhi government has urged the Commission for Air Quality Management (CAQM) to defer the enforcement of a recent directive banning fuel supply to end-of-life (EOL) vehicles, citing serious technological challenges and growing public discontent. The request came through a letter sent by Environment Minister Manjinder Singh Sirsa, who reiterated the government's support for air pollution mitigation but called the fuel ban "premature and potentially counterproductive." The ban, mandated under CAQM's Direction No. 89 dated April 23, came into effect on July 1 and prohibits petrol ...Read More >
New Delhi, June 30 (SocialNews.XYZ) Starting Tuesday, the Delhi government is planning to stop the sale of petrol and diesel to end-of-life (EoL) or over-age vehicles - a move aimed at fighting vehicular emission-linked air pollution in the Capital, an official said. Petrol pump owners on Monday confirmed that Automatic Number Plate Recognition (ANPR) cameras and other devices linked to the transport ministry's data bank have been installed at their outlets to identify EoL vehicles. The Commission for Air Quality Management (CAQM) has issued a direction that all EoL vehicles identified throu ...Read More >
Chandigarh: Haryana chief minister Nayab Singh Saini on Tuesday said the state govt was consistently working to provide better resources to the doctors and quality healthcare services to the citizens.He mentioned that medical colleges were being established in every district.While there were only six medical colleges in 2014, the number has now increased to 15, and nine new colleges are under construction. As a result, MBBS seats in the state increased from 700 in 2014 to 2,185, at present. The state govt aims to increase the MBBS seats to over 3,400 by 2029, said Saini.The CM was addressing a ...Read More >
Hyderabad: The Hyderabad traffic police issued a traffic advisory in view of Eid-ul-Azha Bakrid prayers at Mir Alam Tank Eidgah, in Bahadurpura in Old City on Saturday. The traffic restrictions were placed from 7 am to 11.30 am. According to police, at Mir Alam Tank Eidgah - the vehicular traffic coming from Puranapul, Kamatipura, Kishanbagh towards the Eidgah, Mir Alam Tank for prayers will be allowed through Bahadurpura X Roads and they should park vehicles at parking places parking area beside Zoo Park Wall, and Open space at Masjid Allah-ho-Akbar. During this period, the general vehicula ...Read More >
New Delhi, July 1 (SocialNews.XYZ) In a major move to combat air pollution, the Delhi government has enforced a strict fuel ban on 'end-of-life' (EoL) vehicles -- petrol vehicles older than 15 years and diesel vehicles older than 10 years -- from being refuelled at petrol pumps across the national capital. Authorities confirmed that two motorcycles have already been identified and seized under the new enforcement, and the vehicles will be scrapped in accordance with the official policy. The crackdown follows the alarming findings by the Centre for Science and Environment (CSE), whose Novembe ...Read More >
New Delhi: The Delhi High Court on Wednesday sought responses from the state government and the Commission for Air Quality Management (CAQM) in the National Capital Region on a petition challenging fines and prosecution against fuel retailers for violating restrictions imposed on refuelling more than 10-year-old diesel and more than 15-year-old petrol cars. From Tuesday, petrol pumps in the NCR stopped refuelling these so-called end-of-life vehicles, following a notice from CAQM. Vehicular pollution is cited as one of the key contributors to pollution in NCR, among the world's most polluted u ...Read More >
New Delhi, July 3 (SocialNews.XYZ) The Delhi High Court has agreed to examine a plea challenging the city government's policy to penalise and prosecute the petrol pump owners if they refuel 'end-of-life' (EoL) vehicles -- petrol vehicles older than 15 years and diesel vehicles older than 10 years. A bench of Justice Mini Pushkarna issued notice and sought responses from the Delhi government and the Commission for Air Quality Management (CAQM) on the plea filed by the Delhi Petrol Dealers Association. As per the petition, the "arbitrary" and "irrational" SOP (Standard Operating Procedure) iss ...Read More >
New Delhi, Jul 3 (PTI) India's sugar sector has grown to become a Rs 1.3 lakh crore industry, and it is driving rural prosperity and energy security, Union Food Minister Pralhad Joshi said on Thursday. The minister was addressing the 'Cooperative Sugar Industry Conclave 2025' & 'National Efficiency Award Ceremony'. "Under the PM Shri @narendramodi ji's leadership, India's sugar sector has grown into a Rs 1.3 lakh crore industry (annually), driving rural prosperity, energy security and green power through reforms like record ethanol blending and Atmanirbharta in fuel," Joshi said on a social ...Read More >
New Delhi [India], July 3 (ANI): The Delhi NCT government on Thursday requested the Commission for Air Quality Management (CAQM) to place on hold the enforcement that mandates the denial of fuel to end-of-life vehicles in Delhi. In a letter to the Commission, Delhi Minister for Environment, Forests, and Wildlife, Manjinder Singh Sirsa, wrote that soon after the implementation of the direction, which came into effect on July 1, 2025, it was revealed that "certain issues" needed to be addressed before they could be fully implemented. Also Read | Happy Fourth of July 2025 Wishes and Quotes: Sen ...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 >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >
New Delhi [India], July 1 (ANI): Oil marketing companies revised the prices of commercial LPG gas cylinders on Tuesday, reducing the cost of a 19 kg commercial cylinder by Rs 58.50. The new rates came into effect from July 1, bringing relief to commercial users such as hotels, restaurants, and businesses. While in Delhi, with the latest revision, the retail sale price of a 19 kg commercial LPG cylinder was set at Rs 1665, down from the previous rate. There was, however, no change in the price of 14.2 kg domestic LPG cylinders, which are widely used in households. Also Read | Bhopal Shocker: ...Read More >
NEW DELHI: Reacting to Delhi's fuel ban on diesel vehicles older than 10 years and petrol vehicles older than 15 years from today, AAP leader Saurabh Bharadwaj said that this step was impractical and the BJP did not know how to run the government. Saurabh Bharadwaj said, "Didn't they have any other way of stopping old vehicles? Now that the Monsoon has hit Delhi, will they conduct a pilot project for artificial rain? You've (BJP) filled in small potholes but left the larger ones as they are. Owners of Petrol Pump Associations say that this step is impractical. Will the petrol pump operator fi ...Read More >
New Delhi [India], July 1 (ANI): The Delhi Police on Tuesday seized two end-of-life vehicles (ELVs), a 15-year-old petrol bike and a 10-year-old diesel bike, from a petrol pump in the city, as part of its ongoing enforcement of scrappage rules for outdated vehicles. Traffic officials confirmed that both motorcycles were found operating in violation of the National Green Tribunal (NGT) guidelines, which prohibit the use of petrol vehicles older than 15 years and diesel vehicles older than 10 years in the national capital. While speaking to ANI, Ashok Kumar, Traffic Inspector, said, 'Two motor ...Read More >
CHENNAI: In Chennai, the price of petrol and diesel remains largely unchanged. Accordingly, one litre of petrol costs Rs 100.80 and a litre of diesel costs Rs 92.39 in the city on Thursday. Oil companies use the current crude oil price on the global market and the value of the Indian rupee as compared to the US dollar as primary variables to determine the pricing of petrol and diesel on a day to day basis. The government on April 7 hiked excise duty on petrol and diesel by Rs 2 per litre each, according to an official order. The excise duty on petrol was increased to Rs 13 per litre and th ...Read More >
NEW DELHI: Signalling the government's intent to move ahead with the impeachment motion of Allahabad High Court judge Justice Yashwant Varma, Union Minister Kiren Rijiju on Thursday said that main opposition parties have given their in-principle approval to support the motion in the upcoming monsoon session scheduled for July21-August 21. Rijiju said that the government is yet to decide whether the motion would be brought in the Lok Sabha or the Rajya Sabha. For the Lok Sabha, signatures of a minimum 100 MPs is required. The requirement is the support of at least 50 MPs in the Rajya Sabha. H ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >
NEW DELHI: The Delhi government is set to deploy joint enforcement teams from the transport department, traffic police, and MCD at fuel stations to implement the ban on refuelling end-of-life vehicles (ELVs) from July 1. These teams will monitor compliance on the ground and impound any vehicles found violating the directive. "We will deploy a team comprising transport and traffic police officials at each of these fuel stations. They will ensure that there is no law-and-order problem while implementing the system," said Ajay Chaudhary, Special Commissioner (Traffic), Delhi Police. End-of-lif ...Read More >
New Delhi: Delhi govt has issued a standard operating procedure (SOP) to enforce the ban on refuelling end-of-life (EoL) vehicles, with CNG pumps being exempted. According to a directive from Commission for Air Quality Management, beginning July 1, all EoL vehicles-diesel vehicles older than 10 years and petrol vehicles older than 15 years-will be prohibited from being refuelled in Delhi. The revised SOP states, "It is hereby clarified that CNG vehicles shall not be denied fuel. Accordingly, any reference to CNG in the SOP should be disregarded." The denial of fuel shall strictly apply only t ...Read More >
New Delhi, Jul 3 (PTI) India's sugar sector has grown to become a Rs 1.3 lakh crore industry, and it is driving rural prosperity and energy security, Union Food Minister Pralhad Joshi said on Thursday. The minister was addressing the 'Cooperative Sugar Industry Conclave 2025' & 'National Efficiency Award Ceremony'. Also Read | RBI Bank Holiday List for July 2025: Banks To Remain Closed on These Days This Month, Check Region-Wise Bank Holidays Dates. "Under the PM Shri @narendramodi ji's leadership, India's sugar sector has grown into a Rs 1.3 lakh crore industry (annually), driving rural pr ...Read More >
BHOPAL: After bills showing 168 labourers and 65 masons were deployed for applying just 4 litres of paint at a school, and 275 workers and 150 masons for 20 litres at another school in Shahdol district went viral on social media, the state's school education minister ordered a probe into the matter. Minister of School Education Rao Uday Pratap Singh directed the principal secretary of school education and the commissioner of public instructions to initiate an investigation.Meanwhile, the district collector of Shahdol also ordered a separate inquiry and appointed SDM Beohari, Narendra Singh Dhu ...Read More >
New Delhi, Dec 18 (PTI) Renewable energy player BCL Industries on Wednesday said it is setting up a bio-energy plant in West Bengal with an investment of Rs 150 crore. The company has also received an environment clearance for its 75 KLPD (kilo litres per day) plant coming up in Kharagpur, it said. Additionally, the work on a similar project with 75 KLPD capacity in Bathinda, Punjab is in full swing. Both the projects are expected to be completed within a time period of 18-24 months, it said. In India, ethanol production is a key part of promoting bio-energy and biofuels, contributing to t ...Read More >