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: The Supreme Court on Thursday orally observed, "Suppose someone has come illegally in India, how to deal with that situation? If they don't detain, he will disappear...", while agreeing to examine a plea, which alleged that Bengali-speaking migrant workers were being detained on suspicion of being Bangladeshi nationals. The matter came up before a bench comprising justices Surya Kant and Joymalya Bagchi. The bench said it is not keen to pass any interim order with regard to the detention. The bench observed that any order will have consequences, especially with respect to people who genuinely came from across the border. The bench observed that it cannot ignore the ground reality that there are risks of foreigners illegally infiltrating India. "Suppose someone has come illegally to India, how to deal with that situation? If they don't detain, he will disappear. Some mechanism required for bona fide workers...", observed the bench. "Either state of origin can issue some kind of card...and local police accept it as prima facie proof of his having come for livelihood...", added the bench. The bench said states where these migrant workers are working have the right to inquire from their state of origin about their bona fides, but the problem is in the interregnum. "If we pass any interim orders, then it will have consequences, especially for those who have illegally come from across the border and need to be deported under the law," said the bench. The bench asked advocate Prashant Bhushan, appearing for petitioner West Bengal Migrant Welfare Board, to wait for some time for a response from the Centre and nine states -- Odisha, Rajasthan, Maharashtra, Delhi, Bihar, Uttar Pradesh, Chhattisgarh, Haryana and West Bengal. Bhushan claimed that people are being harassed by the authorities in states just because they speak the Bengali language and have documents in that language, on the basis of a circular issued by the Ministry of Home Affairs. Bhushan said authorities are randomly picking up Bengali Muslims and claiming them to be Bangladeshis, and when it is verified, it is seen that they are Indians.
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 >
India is not a dharmashala (free shelter) that can entertain refugees from all over the world, the Supreme Court said today, refusing a Sri Lankan national's plea for refuge. The bench of Justice Dipankar Datta and Justice K Vinod Chandran was hearing a petition by a Sri Lankan national, who was arrested in 2015 on suspicion of being linked to the Liberation Tigers of Tamil Eelam (LTTE), a terrorist organisation once active in Sri Lanka. In 2018, a trial court convicted him under the Unlawful Activities (Prevention) Act and sentenced him to 10 years in jail. In 2022, the Madras High Court sla ...Read More >
New Delhi: In an open letter sharply condemning the detention and alleged expulsion to Bangladesh of a number of people declared foreigners by tribunals in Assam as a violation of their rights, a group of activists, lawyers and academics has urged the government to stop such expulsions and allow the return of those sent across the border. Dozens of those expelled to Bangladesh reportedly have appeals against their declaration as foreigners pending in the Supreme Court, the letter noted. "Pushbacks," said the letter using the term being used by the government for these expulsions, "fall on the ...Read More >
Kolkata: Bengali-speaking migrant workers were facing "persecution" in BJP-governed states and being branded Bangladeshis, Trinamool Congress Rajya Sabha member Samirul Islam said on Monday."These migrant workers are being detained without any police records. Authorities are not even contacting the state govt to verify their citizenship. What, then, is the motive of Narendra Modi and Amit Shah?" Samirul, who is also chairman of West Bengal Migrant Worker Welfare Board, said on X.Trinamool posted the same from its official X handle."Do they intend to punish Bengal in this illegal way -- bypassi ...Read More >
New Delhi, [India], December 11 (ANI): The Supreme Court has expressed concern over the growing tendency to misuse Section 498A of the Indian Penal Code (IPC), which penalises cruelty by husbands and their relatives against married women. While quashing a Section 498A IPC case against a husband and his parents, a bench of Justices BV Nagarathna and N Kotiswar Singh said that the Section became a tool for unleashing personal vendetta against the husband and his family by a wife. Also Read | RBI Will Remain Alert and Agile to Meet Challenges, Says New Governor Sanjay Malhotra (Watch Video). " ...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 >
Ludhiana, Jun 8 (PTI) Punjab Congress president Amrinder Singh Raja Warring on Sunday asserted that his party will win the Ludhiana West assembly bypoll, scheduled to be held on june 19, with a "record margin". "Congress practically has no competition here", he claimed. Warring, who is also the Ludhiana MP, said that the ruling Aam Aadmi Party (AAP) was badly mistaken that the Congress would allow it to abuse power and misuse the official machinery for the elections. "First of all, we will not let any misuse of the official machinery and second, in case any official is found to be misusing ...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 >
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 >
New Delhi: Association for Democratic Reforms (ADR) has moved a writ petition before the Supreme Court challenging the Election Commission of India's (ECI) decision to revise electoral rolls in Bihar ahead of the ensuing Assembly polls. As per the petition, order of Special Intensive Revision (SIR) of electoral rolls in Bihar, if not set aside, can "arbitrarily" and "without due process" disenfranchise lakhs of voters from electing their representatives, and disrupt free and fair elections and democracy -- a part of basic structure of the Constitution. "The documentation requirements of the ...Read More >
New Delhi [India], February 3 (ANI): The Supreme Court on Monday sought the Central Forensic Science Laboratory (CFSL) report on the examination of certain leaked audio tapes which allegedly implicate Manipur Chief Minister N Biren Singh for instigating ethnic violence in the state. A bench of Chief Justice of India Sanjiv Khanna and Justice Sanjay Kumar said the CFSL report should be submitted in six weeks in a sealed cover. Also Read | Bengaluru Water Crisis: Residents Brace for Harsh Summer As Groundwater Levels Drop Dangerously Low. The bench then posted the hearing in the week commenci ...Read More >
Kolkata: The number of Bangladeshi released prisoners languishing in correctional homes across the state has come down to 179 -- as of Jan 1, 2024 -- compared to 495 in 2011. According to the West Bengal Correctional Services data, there were 212 released foreign nationals or 'jankhalash' -- 136 men and 76 women -- in correctional homes in the state as of Jan 1, 2024, out of which 179 were from Bangladesh. Most of these foreigners were lodged in Dum Dum Central Correctional Home (171), while the rest were in Berhampore CCH (24), Jalpaiguri CCH (16), and Presidency CCH (1). On Jan 30, the Sup ...Read More >
Bengaluru, Jun 27 (PTI) Karnataka High Court on Friday set aside two criminal cases filed against BJP leader and former Chief Minister Basavaraj Bommai, which alleged he made objectionable remarks during a protest rally criticising the Waqf Board and the state government over alleged encroachment on farmers' and temples' properties. Justice S R Krishna Kumar, delivering the order, allowed Bommai's plea to quash the proceedings that had been initiated by Shiggaon police under Section 196(1)(a) of the Bharatiya Nyaya Sanhita (BNS), which pertains to promoting enmity between different groups on ...Read More >
NEW DELHI - Human rights groups and legal experts have condemned India for carrying out what they call illegal and discriminatory deportations of Muslims to Bangladesh, many of whom claim to be Indian citizens. The alarming reports have sparked fear among India's 200 million Muslims, especially in the eastern states where Bengali is widely spoken. According to officials from both countries, hundreds -- possibly over 2,500 people -- have been forced across the border since May. Many victims say they were pushed into Bangladeshi territory at gunpoint without trial or proper documentation checks ...Read More >
New Delhi: The Association for Democratic Reforms (ADR) has filed a public interest litigation (PIL) in the Supreme Court challenging the Election Commission of India's (ECI) recent directive mandating large sections of voters in Bihar to furnish proof of citizenship in order to remain on the electoral rolls. Filed under Article 32 of the Constitution, the petition seeks to quash the ECI's June 24 order initiating a Special Intensive Revision (SIR) of electoral rolls ahead of the upcoming Assembly elections in Bihar. The plea argues that the directive violates constitutional provisions inclu ...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 >
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 >
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: Was it the pitch? Was it the conditions? Was it the bowling? The questions doing the rounds after yet another strange show in good batting conditions by India were many. But with the exception of Shubman Gill, who became just the second Indian captain, after Mohammad Azharuddin, to score hundreds in consecutive matches in England, and Yashasvi Jaiswal, few India batters managed to answer them in a satisfactory manner. After being put into bat by England, India looked like they were in control at various points during the day but then somehow contrived to gift away wickets and end t ...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 >
New Delhi [India], June 2 (ANI): The Supreme Court on Monday declined to entertain a petition alleging that the Assam government has reportedly launched a "sweeping and indiscriminate drive" to deport persons suspected to be foreigners to Bangladesh. A vacation bench of Justices Sanjay Karol and Satish Chandra Sharma asked the All BTC Minority Students Union (ABMSU) to approach the Gauhati High Court for appropriate relief. Also Read | INR 2,000 Currency Notes Worth INR 6,181 Crore Still in Circulation After Withdrawal 2 Years Ago, Reveals RBI Data. The petitioner said that the state of Ass ...Read More >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >
New Delhi [India], July 3 (ANI):Union Home Minister Amit Shah has congratulated the Narcotics Control Bureau (NCB) and all agencies on busting a global drug cartel. Shah said that Prime Minister Narendra Modi-led Government is determined to saw off every drug cartel and protect our youth, no matter where they operate from, an official statement from the Ministry of Home Affairs said. In a post on X, Shah said, 'Congratulations to NCB and all agencies on busting a global drug cartel. The probe set a stellar example of multi-agency coordination, resulting in 8 arrests and seizures of 5 consignm ...Read More >
New Delhi/Patna, Jul 6 (PTI) The controversy over special intensive revision of electoral rolls in poll-bound Bihar intensified as Trinamool Congress MP Mahua Moitra, RJD's Manoj Jha and several NGOs moved the Supreme Court seeking quashing of the Election Commission's order, which they claimed violated the Constitution. The Election Commission (EC) issued a statement on Sunday clarifying that it has not changed its instructions on the revision process, after several social media posts, including one by Congress president Mallikarjun Kharge, cited an advertisement by the election body publish ...Read More >
New Delhi [India], February 3 (ANI): The Supreme Court on Monday sought the Central Forensic Science Laboratory (CFSL) report on the examination of certain leaked audio tapes which allegedly implicate Manipur Chief Minister N Biren Singh for instigating ethnic violence in the state. A bench of Chief Justice of India Sanjiv Khanna and Justice Sanjay Kumar said the CFSL report should be submitted in six weeks in a sealed cover. The bench then posted the hearing in the week commencing on March 24. "Relist in the week commencing on March 24, 2025. It is pointed out that audio clips are sent for ...Read More >
Pune: Passengers on board a Goa to Pune SpiceJet flight (SG-1080) had a scare on Tuesday evening when a window panel was found dislodged while the plane was mid-air.The airline played down the incident, saying the window part that had come off was "a non-structural trim component, fitted onto the window for the purpose of shade".But a person on board the plane -- a Bombardier Q400 -- told TOI the incident triggered anxiety among the passengers. "Two to three layers of the window panel just came off," said Aatish Mishra, the passenger."There was no depressurization, but this shouldn't have happ ...Read More >
Dehradun (Uttarakhand) [India], December 3 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami said on Tuesday that the implementation of the new criminal laws has proven to be a significant milestone in making the Indian justice system more "transparent, effective and in tune" with the needs of the present society. Talking about the laws in a post on X (formerly Twitter), the Uttarakhand CM said, "These landmark criminal laws have proved to be a milestone in making the Indian justice system more transparent, effective and in tune with the needs of the present society. These changes mark th ...Read More >
New Delhi: The Supreme Court on Wednesday deferred, till the second week of January next year, the hearing on the bail plea of lawyer Surendra Gadling, who remains behind bars in connection with the 2016 Surjagarh iron ore mine arson case. A bench, headed by Justice M.M. Sundresh, decided to adjourn the hearing after Gadling's counsel submitted that the Maharashtra government filed its reply late on Tuesday and the petitioner side would need some time to go through the contents of the counter affidavit. Acceding to the request, the bench posted the matter for hearing in the second week of Ja ...Read More >
Supreme Court NEW DELHI: The Supreme Court on Wednesday scheduled a hearing for February 4 to address petitions challenging the appointment process for the chief election commissioner (CEC) and election commissioners (ECs) under the 2023 law. The apex court said, "It will be the opinion of the court under Article 141 versus legislative power to enact law." A bench comprising Justices Surya Kant, Dipankar Datta, and Ujjal Bhuyal mentioned the critical issue at hand. It was informed by advocate Prashant Bhushan, representing an NGO, pointed out that incumbent CEC Rajiv Kumar is set to retire on ...Read More >
New Delhi: The Supreme Court on Wednesday dismissed a plea seeking criminal proceedings against former Delhi High Court judge Justice Yashwant Varma, following the controversial discovery of burnt cash bundles at his residence in March. The court advised the petitioners to first seek redressal from the Prime Minister and the President before approaching the judiciary. Petition rejected, redress route clarified A bench comprising Justice Abhay S Oka and Justice Ujjal Bhuyan observed that a report on the matter has already been submitted to Prime Minister Narendra Modi and President Droupadi M ...Read More >