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 BEST Bus accidents: 3 fatal crashes in 1 week - Govandi rider killed. (Representative/Getty Images) Mumbai: After the tragic incident in which a state-run BEST bus lost control and killed seven people, another accident occurred on Saturday at midnight. A 25-year-old biker died after being struck by a BEST bus in Govandi, Mumbai. This marks the third deadly accident involving BEST buses within just one week. The victim has been identified as Vindo Dikshit who was travelling on a bike suffered a head injury after the bus collided with him near the Shivaji Nagar junction. Taken to hospital Soon after the accident, a large number of people gathered at the site of accident and rushed to Rajawadi Hospital. Dikshit was declared dead before the admission. As per a report by the Times of India, The bus was bound for Kurla from Shivaji Nagar. It dashed with Dikshit's motorcycle near the highway but stop. The bike was hit with rear-right tire of the bus which lead to his death due to grievous injury. Third incident within a week This makes it the third such incident by BEST buses. On December 9, at around 9 pm a bus en routed from Kurla station to Andheri, lost control colliding with multiple vehicles and pedestrians on its way killing 7 and injuring around 50 people. In a subsequent incident on December 11, a 55-year-old man on a motorcycle lost his life after he was hit by a BEST bus near Chhatrapati Shivaji Maharaj Terminus (CSMT).
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: India's electric vehicle market witnessed mixed trends in June 2025, with electric cars, two-wheelers, and buses registering growth while sales of passenger and cargo electric three-wheelers declined month-on-month, according to a report by JMK Research & Analytics. Sales of high-speed electric two-wheelers (E2Ws) rose 5 per cent month-on-month to 1,05,282 units in June. The top three players continued to dominate the segment, accounting for about 65 per cent of the total registrations. Passenger electric three-wheeler (E3W) sales stood at 51,698 units in June, showing a 7 per cen ...Read More >
PATNA: Congress leader Rahul Gandhi is all set to embark on 'Vote Adhikar Yatra' from Bihar's Rohtas district on August 17 to register a protest against how the ongoing special intensive revision (SIR) of the electoral rolls was being conducted in the state. This comes at a time when the Opposition is ratcheting up its protest against the SIR and casting aspersions on the integrity of elections. AICC general secretary (organisation) and MP KC Venugopal held a meeting with the INDIA bloc leaders at Sasaram in Rohtas district on Wednesday and reviewed preparations for Rahul Gandhi's visit to Bi ...Read More >
MUMBAI: Congress spokesperson Sachin Sawant on Saturday launched a blistering attack on the Mahayuti government comprising BJP, Shiv Sena and NCP, accusing it of "insulting gods, deities and great icons" by allowing corporate brands to prefix the names of metro stations dedicated to them. "When did Chhatrapati Shivaji Maharaj become 'Kotak'? Has Siddhivinayak now been sold to 'Lombard'?" Sawant asked at a press conference, taking aim at what he called the BJP's new form of "corporate Hindutva". He pointed out that in the Mumbai Metro Line 3 network, Chhatrapati Shivaji Maharaj Terminus has b ...Read More >
Mumbai: The death toll in Monday's BEST bus crash rose to seven and the number of injured to 42 even as the driver, Sanjay More, booked for culpable homicide not amounting to murder, claimed he had noticed a spark and mistakenly accelerated the bus instead of applying brakes. Seeking More's custody, police said they want to investigate if he intentionally used the vehicle as a weapon. The bus on Route 332 had accelerated on a congested 200m stretch near Kurla station hitting vehicles and pedestr ...Read More >
KOZHIKODE: A woman from Palakkad who recently tested positive for Nipah virus, remains in critical condition at the Kozhikode Government Medical College Hospital. She is currently receiving critical care in the hospital's specialised Nipah isolation unit. The patient was initially admitted to a private medical facility in Perinthalmanna. However, late on Saturday night, due to a significant deterioration in her health, she was transferred to the Kozhikode Medical College. Her symptoms, consistent with a severe viral infection, first appeared on July 1, prompting her to seek medical attention. ...Read More >
Mumbai Metro Rail Corporation (MMRC) has introduced WhatsApp-based ticketing for its Aqua Line (Metro Line 3). Commuters can now generate QR tickets instantly by sending 'Hi' to a designated number or scanning station QR codes. This initiative aims to provide seamless, efficient, and sustainable travel, eliminating paper tickets and supporting multiple payment options. The Mumbai Metro Rail Corporation (MMRC) has launched Whatsapp-based ticketing for commuters of Metro Line 3, also known as Aqua ...Read More >
Tirupati: A large consignment of mobile phones in the luggage compartment of the Vemuri Kaveri Travels bus may have significantly intensified the inferno and accelerated the loss of lives, it has emerged.A consignment of 234 new smartphones was being transported in the bus going to Bengaluru from Hyderabad. Preliminary investigation revealed that a Hyderabad-based businessman, identified as Manganath, was transporting the consignment of mobile phones, worth approximately Rs 46 lakh, Kurnool polic ...Read More >
New Delhi: The Supreme Court on Wednesday modified its earlier order restraining Delhi and NCR authorities from taking coercive action against "end-of-life" vehicles - 10-year-old diesel and 15-year-old petrol vehicles - and said the reprieve would apply only to BS 4 or BS 6 emission norm-compliant vehicles.This order will impact over 14.7 lakh BS 1 compliant cars, three-wheelers, two-wheelers, buses and goods carriers; more than 38.7 lakh BS 2 compliant ones; and another 53.7 lakh BS 3 vehicles. A bench of CJI Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi passed the order on an ...Read More >
Mumbai, Jun 6 (PTI) The first 'Chhatrapati Shivaji Maharaj Circuit Train Tour' has received overwhelming response as all the seats have been booked ahead of the scheduled departure on June 9, the Indian Railway Catering and Tourism Corporation Limited said on Friday. In a release, IRCTC, a 'Navratna' PSU under the railway ministry, said all 710 seats have been booked in 11 coaches. These comprise 480 in the Economy (Sleeper) category, 190 in Comfort (3AC) and 40 in Superior (2AC), indicating strong interest across travel classes, it added. IRCTC in collaboration with Maharashtra government ...Read More >
Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls are scheduled later this year. "We are trying hard so that the Prime Minister can spare some time ...Read More >
Pune, Aug 1 (PTI) An irate mob vandalised properties and indulged in arson in Yavat in Pune's Daund tehsil on Friday afternoon over an objectionable post allegedly uploaded on social media by a youth from a different community, police officials said. IMAGE: Kindly note that this image has been posted for representational purposes only. Photograph: / Rediff.com A motorcycle was set ablaze and a bakery was damaged, the officials said, adding teargas shells had to be lobbed to bring the situation under control amid large mobs taking to the streets to vent their ire. There is heavy police prese ...Read More >
New Delhi: Delhi govt has prepared a plan under which Delhi Transport Corporation (DTC) bus drivers and conductors will receive regular training, with a focus on ethical values, customer service and safe driving, transport minister Pankaj Singh said on Friday. The move is for improving the public image of DTC buses.The minister mentioned that DTC bus drivers who fail to halt at designated stops or are found speeding will face strict departmental action.Several commuters have complained about the behaviour of DTC bus drivers. There have alleged that the buses often fail to stop at the designate ...Read More >
Mumbai: Despite full dams, parts of Mumbai will face water shortages from October 7 to 9. The Brihanmumbai Municipal Corporation (BMC) is implementing a 10 per cent water reduction in certain areas and eastern suburbs during this period. Additionally, the corporation is updating electricity meters at the Pise water purification center, affecting water supply daily from 12:30 pm to 3:00 pm. Consequently, numerous sections of the city and eastern suburbs will experience disruptions due to these necessary updates. The Water Engineering Department confirmed the 10 percent water reduction for the ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
The tax will be levied as a lumpsum at the time of registration (file) ShowQuick Read Summary is AI-generated, newsroom-reviewed * Karnataka plans to end road tax exemption on battery-operated electric vehicles * The Motor Vehicles Taxation Bill 2026 proposes separate lifetime tax slabs for EVs * One-time tax will range from 10% to 14% based on EV price categories Did our AI summary help? Let us know. Switch To Beeps Mode Bengaluru: One may soon have to shell out more bucks to buy an el ...Read More >
New Delhi : Chief minister Rekha Gupta on Friday announced the rollout of the Air Pollution Mitigation Action Plan 2026, positioning it as a shift towards measurable, outcome-driven clean air governance. However, even as the government outlined an ambitious multi-sector strategy, experts cautioned that without strong enforcement, tangible targets, and long-term consistency, the plan risks repeating the shortcomings of previous efforts. Gupta held a review meeting and stressed that clean air and ...Read More >
Mumbai BEST accident: Amid ongoing investigations into the Kurla accident case, the Mumbai police on Tuesday, sought custody of the driver of the electric bus - operated by the civic-run Brihanmumbai Electric Supply and Transport (BEST), which led to the death of seven persons, and injured 42 others on December 10. Reportedly, the Mumbai police suspect that the driver, Sanjay More, might have 'deliberately' attacked the people, using the bus as a 'weapon'. A magistrate court has now ruled that More would be under the custody of Mumbai Police until December 21. The Mumbai Police presented San ...Read More >
Mumbai: The Brihanmumbai Municipal Corporation (BMC), considered the richest civic body in the country, tabled its budget of Rs 74,427 crore for 2025-26 at its headquarters in Mumbai on Tuesday. The additional municipal commissioners presented the budget to BMC commissioner Bhushan Gagrani, the state-appointed administrator. BMC is currently run by an administrator since the term of the corporators ended on March 7, 2022. This is the third year of the budget being presented to the administrator, in deviation from the norm where the municipal commissioner presents the budget to the standing co ...Read More >
Mumbai, Sept 15 (PTI) Intermittent rains since midnight inundated several areas across Mumbai, affecting traffic on roads and local train as well as monorail services on Monday. Amid rains, a monorail train came to an abrupt halt on tracks between the Antop Hill Bus Depot and GTBN station in Wadala due to a "technical snag", following which all 17 passengers onboard were rescued, officials said, adding that it was the second such incident in less than a month. The rain activity reduced in the afternoon. In the last 24 hours, the Colaba observatory in south Mumbai recorded 134.4 mm rainfall, ...Read More >
Gurgaon: A chemist and a lab operator have been arrested for allegedly selling medical termination of pregnancy (MTP) kits illegally. Two separate FIRs were lodged against the accused at Sector 10 and Sector 9A police stations, police said on Friday.The pharmacy was sealed and medical officials have initiated proceedings to cancel its licence. District drugs control officer Suresh Verma said the department received information about illegal sales of MTP kits - also called abortion kits - from Juneja Chemist, located near Civil Hospital. A pregnant woman, who was deployed as a decoy customer, v ...Read More >
Pune was thrown into chaos as cab and auto drivers using app-based services went on strike. Passengers encountered not only increased fares but also instances of violence, making their travel experience perilous. Arguments with passengers and overcharging marred the indefinite strike called by aggregator app-based cab and auto drivers from Friday in the city. Among the worst affected were flyers arriving at the airport and struggling to find further travel options. A woman on her way to a doctor ...Read More >
Jammu, Jul 18 (PTI) Senior officials of the Jammu and Kashmir government reviewed the arrangements for the smooth conduct of the 13-day-long Budha Amarnath pilgrimage in Poonch district that will begin on July 28. Deputy Inspector General of Police Tejinder Singh reviewed security in Poonch and stressed ensuring the safety of the devotees. "The first batch will depart from the Bhagwati Nagar basecamp in Jammu on July 28, moving towards the Mandi tehsil in Poonch in a regulated convoy amid full security arrangements," a spokesperson said. Jammu Divisional Commissioner Ramesh Kumar and Inspec ...Read More >
Hyderabad: Barring stray incidents, the 'Telangana bandh' called by the Backward Classes' JAC (Joint Action Committee) demanding enhancement of reservation for BCs in seats and positions in local bodies was peaceful across the state on Saturday. However, many commuters faced hardships due to cancellation of bus services in Hyderabad and some of the districts until the public transportation services resumed in the afternoon. By and large, shops and establishments remained open. Diwali shopping was not affected. State Ministers, Bharat Rashtra Samithi and Bharatiya Janata Party leaders took ou ...Read More >
New Delhi, Feb 17 (SocialNews.XYZ) The mother of a 23-year-old man who lost his life in a car crash in Delhi's Dwarka on February 3 has alleged that the 17-year-old accused was filming social media reels while speeding his SUV moments before the fatal collision. Sahil Dhaneshra was killed after a Scorpio, allegedly driven by the minor, rammed his motorcycle head-on near Lal Bahadur Shastri College around 12 p.m. The impact also led to a collision with a roadside parked cab, leaving its driver seriously injured. The accused, who did not possess a driving licence, was apprehended and produced ...Read More >
Mumbai, Dec 12 (PTI) Police apprehended a 20-year-old man on Thursday, a day after his motorcycle rammed into a pedestrian that resulted in the latter falling down and being run over by a civic transport bus in Mumbai, officials said. The accident occurred around 4.30 pm on Wednesday near the Chhatrapati Shivaji Maharaj Terminus (CSMT) in south Mumbai. The deceased, identified as Hasenar Anduhi, hailing from Kasaragod district in Kerala was first hit by the motorcycle and then run over by the Brihanmumbai Electric Supply and Transport (BEST) undertaking's bus, an official said. "On the basi ...Read More >
A 55-year-old man, who was among the several persons injured in the BEST bus accident in Kurla area here, died on Monday morning, taking the death toll to eight, a civic official said. The electric bus, hired by the civic-run Brihanmumbai Electric Supply and Transport (BEST) undertaking on wet-lease basis, ploughed into a crowd and fatally knocked down seven persons and injured 42 others on a crowded road in Kurla area on December 9. Several vehicles were also damaged in the incident. One of t ...Read More >
NEW DELHI: The Enforcement Directorate (ED) on Thursday announced the provisional attachment of assets worth approximately ₹131.45 crore in Spain, including a luxury yacht and immovable properties, under the Prevention of Money Laundering Act (PMLA). These assets belong to Pavel Prozorov, a Spanish national and the alleged mastermind behind the unauthorised forex trading platform OctaFX. The attached assets comprise a commercial Italian-model luxury yacht cruising in the Western Mediterranean, a minijet boat, a luxury car, and two residential properties in Spain. The ED's probe was launched ...Read More >
NEW DELHI: Maharashtra transport minister Pratap Sarnaik on Tuesday criticised his own government over the denial of permission for a Marathi rally in Mira Road and joined the protest, even daring the police to arrest him."The Marathi Ekikaran Samiti and several other organizations had applied for the rally, but were denied permission. I am going -- if the police dare, let them arrest me," Sarnaik told reporters.The protest, led by Maharashtra Navnirman Sena (MNS), came after police refused permission for a 'Marathi Morcha' in Mira-Bhayander, citing public safety and traffic disruption. The re ...Read More >
Pune, Aug 1 (PTI) An irate mob vandalised properties and indulged in arson in Yavat in Pune's Daund tehsil on Friday afternoon over an objectionable post allegedly uploaded on social media by a youth from a different community, police officials said. A motorcycle was set ablaze and a bakery was damaged, the officials said, adding teargas shells had to be lobbed to bring the situation under control amid large mobs taking to the streets to vent their ire. There is heavy police presence in the village at the moment and peace and order has been restored, these officials said. The youth, who hai ...Read More >