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: On Monday, the Supreme Court collegium suggested that Justice Vipul M. Pancholi, who is the Chief Justice of the Patna High Court, and Justice Alok Aradhe, who is the Chief Justice of the Bombay High Court, be promoted to the top court. The five-member collegium, which included Chief Justice of India Bhushan R Gavai and Justices Surya Kant, Vikram Nath, JK Maheshwari, and BV Nagarathna, cleared their names in a meeting on Monday afternoon. Their appointments will bring the Supreme Court's authorized strength of 34 judges back to full strength. After Justice Joymalya Bagchi retires in May 2031, Justice Pancholi will be eligible to take over as Chief Justice of India for a 16-month term if appointed. Throughout his judicial career, Justice Aradhe has held positions in several high courts. In April 2007, he was appointed a senior advocate and began practicing before the Madhya Pradesh High Court in Jabalpur, mostly in civil, constitutional, arbitration, and business matters. He joined the Madhya Pradesh High Court in December 2009 as an additional judge, then in February 2011, he was appointed a permanent judge. He was moved to the Jammu and Kashmir High Court in September 2016, where he also held the position of acting Chief Justice. He was moved to the Karnataka High Court in November 2018 and was its interim Chief Justice from July to October 2022. He was named Chief Justice of the Telangana High Court in July 2023, and he was promoted to Chief Justice of the Bombay High Court the following year. In May 1968, Justice Pancholi was born in Ahmedabad. In September 1991, he became an advocate and started working at the Gujarat High Court. Up until March 2006, he was an additional public prosecutor and assistant government pleader for seven years. He was confirmed as a permanent judge of the Gujarat High Court in June 2016 after being promoted as an additional judge in October 2014. In July 2023, after almost ten years in Gujarat, he was moved to the Patna High Court and swore in as a judge. In July 2025, he was named Chief Justice of the Patna High Court.
New Delhi:The Supreme Court on Tuesday expressed strong disapproval over the repeated doubts raised by political leaders regarding the credibility of Electronic Voting Machines (EVMs). The court criticised the tendency of some political figures to question the integrity of the EVM system when they lose elections, while conveniently accepting its legitimacy when they win. The bench, led by Chief Justice of India (CJI) D.Y. Chandrachud, pointed out the inconsistency in the stance taken by several leaders. "When they win, there is no issue with EVMs, but when they lose, questions are raised abou ...Read More >
Story so far: India celebrated its 75th year of adoption of its Constitution on Tuesday (November 26, 2024) with President Droupadi Murmu addressing a joint session of parliament. While the Constitution of India hits its diamond jubilee this year, event commemorating is as 'Constitution Day' was started only in 2015. Prior to this, it was called 'National Law Day' -- first initiated by former Supreme Court Bar Association (SCBA) president Laxmi Mall Singhvi in 1979. "The Indian Constitution is a live, progressive document," said Ms. Murmu adding, "I urge all citizens to imbibe the constitutio ...Read More >
New Delhi [India], December 18 (ANI): The Supreme Court on Wednesday asked Punjab authorities to promptly tackle the health situation of farmers' leader Jagjit Singh Dallewal who is on fast unto death for over 20 days and to take "extraordinary steps" to ensure his health. A bench of Justices Surya Kant and Ujjal Bhuyan cautioned Punjab authorities on the repercussions if anything untoward happens to the farmer's leader. Also Read | 'Mukadma, Mulzim, Ilzam, Ittila, Chashmdeed': BJP Government in Rajasthan To Replace Urdu Terms in Policing With Hindi Words. "The entire state machinery will b ...Read More >
Mumbai, Jan 27 (PTI) The Bombay High Court on Monday suggested Abhishek Lodha and his brother Abhinandan Lodha to try and amicably resolve the issue over the use of 'Lodha' trademark. The Abhishek Lodha-promoted Macrotech Developers Ltd earlier this month filed a suit in the HC against Abhinandan Lodha's real estate firm, House of Abhinandan Lodha, claiming the name 'Lodha' was their trademark and no one else could use it. The suit sought Rs 5,000 crore as damages from Abhinandan Lodha's company. In an interim application, Macrotech Developers sought a perpetual injunction against the defen ...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 >
New Delhi, Dec 12 (VOICE) The Supreme Court on Thursday ordered that no fresh suits would be registered under the Places of Worship Act in the country, and in the pending cases, no final or effective orders would be passed till further orders of the Apex Court. A Special Bench headed by CJI Sajiv Khanna asked the Union government to file within four weeks its reply to the clutch of petitions challenging the validity of the 1991 Act, which prohibits the filing of a lawsuit to reclaim a place of worship or seek a change in its character from what prevailed on August 15, 1947. The Bench, also c ...Read More >
Bengaluru, Jan 13 (PTI) The Karnataka High Court has dismissed on Monday an appeal by J Deepak and J Deepa, the legal heirs of late Tamil Nadu Chief Minister J Jayalalithaa, seeking the release of her assets confiscated in a 2004 disproportionate assets case. Jayalalithaa was convicted by a special court in 2014 for amassing wealth disproportionate to her known sources of income during her tenure from 1991 to 1996. Following her conviction, her properties were confiscated by the authorities. Although she was acquitted by the Karnataka High Court in 2015, then congress government in Karnataka ...Read More >
New Delhi: Observing that "criminalisation of politics is a very major issue", the Supreme Court on Monday asked the Centre and Election Commission of India (ECI) to respond to a PIL challenging election of convicted persons as MPs/MLAs. The development took place during the resumed hearing of a plea filed by advocate Ashwini Upadhyay, seeking lifelong disqualification of MPs and MLAs convicted of criminal offences. The PIL has challenged provisions of the Representation of the People Act (RPA) that bar convicted politicians from contesting polls for six years after serving jail terms. A be ...Read More >
New Delhi, Nov 26: The Supreme Court on Tuesday dismissed a public interest litigation (PIL) seeking directions to the Election Commission of India (ECI) to introduce ballot paper in place of EVMs (Electronic Voting Machines). A bench of Justices Vikram Nath and P.B. Varale rejected the prayer to return to the ballot system due to the alleged manipulability of EVMs. "When you lose, EVMs are tampered with; when you win, EVMs are fine," remarked the apex court, when the petitioner referred to the statements made by Andhra Pradesh Chief Minister Chandrababu Naidu and his predecessor Jagan Mohan ...Read More >
The Supreme Court halted new temple-mosque legal battles. The court will review the 1991 law impacting religious site status. This law froze the status of religious sites as of August 15, 1947. Several cases, including Gyanvapi and Shahi Idgah, challenge this law. The law's validity is being questioned. The court's decision impacts ongoing and future disputes.In its ruling on the keenly-watched Place of Worship Act case, the Supreme Court said on December 12 that no new Mandir-Masjid suits are to ...Read More >
New Delhi: In a significant ruling, the Supreme Court has directed that no new lawsuits related to places of worship (temples, mosques, or shrines) can be filed until further notice. This decision was made during the ongoing hearing of petitions challenging the Places of Worship (Special Provisions) Act, 1991. The ruling prohibits the lower courts from issuing any survey orders or interim orders that might alter the status or nature of any religious site. The bench, comprising Chief Justice Sanjiv Khanna, Justice Sanjay Kumar, and Justice K.V. Vishwanathan, issued this order while hearing sev ...Read More >
New Delhi: The Supreme Court on Tuesday expressed strong disapproval over the repeated doubts raised by political leaders regarding the credibility of Electronic Voting Machines (EVMs). The court criticised the tendency of some political figures to question the integrity of the EVM system when they lose elections, while conveniently accepting its legitimacy when they win. The bench, led by Chief Justice of India (CJI) D.Y. Chandrachud, pointed out the inconsistency in the stance taken by several leaders. "When they win, there is no issue with EVMs, but when they lose, questions are raised abo ...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 >
New Delhi: The Supreme Court on Monday sought a response from the Election Commission (EC) on a PIL challenging its decision to increase the maximum number of voters per polling station from 1,200 to 1,500, saying it is "concerned".A bench comprising Chief Justice of India (CJI) Sanjiv Khanna and Justice Sanjay Kumar asked senior advocate Maninder Singh, appearing for the poll panel, to file a short affidavit explaining the rationale behind the decision. ...Read More >
New Delhi: In an important direction, the Supreme Court on Thursday restrained all the courts in the country from entertaining and passing any effective interim or final orders on any lawsuits seeking relief including a survey of religious places under the 1991 law. The direction of a bench comprising Chief Justice Sanjiv Khanna and Justices Sanjay Kumar and K V Viswanathan came on a batch of pleas and cross pleas relating to the Places of Worship (Special Provisions) Act, 1991. ...Read More >
Punjab farmer leader Jagjit Singh Dallewal's hunger strike enters its 17th day. His health is critical. The Supreme Court urges dialogue between the government and Dallewal. Dallewal demands MSP guarantee and other farmer-centric issues. He has written an open letter to the Prime Minister. Farmers' organizations continue their protests at the Punjab-Haryana border.The Supreme Court on Friday expressed serious concern over the deteriorating health of Punjab farmer leader Jagjit Singh Dallewal, who ...Read More >
New Delhi, January 13 (VOICE) Acting swiftly on the recommendation made by the Supreme Court Collegium, the Centre on Monday cleared the appointment of Patna High Court's Chief Justice Krishnan Vinod Chandran to the apex court. In a post on X, Union Minister for Law and Justice Arjun Ram Meghwal announced that the President, after consultation with the Chief Justice of India (CJI), was pleased to appoint Justice Chandran as a Supreme Court judge. "In exercise of the powers conferred by clause (2) of Article 124 of the Constitution of India, the President is pleased to appoint Shri Justice Kri ...Read More >
New Delhi, January 27: The Supreme Court has upheld an order passed by the apex court registry in August 2024 refusing to admit a lawyer's application seeking direction to SEBI to submit its conclusive probe report into the Adani-Hindenburg controversy. Advocate Vishal Tiwari had moved an appeal against the order passed by the Registrar on August 5 last year. Earlier on July 15, 2024, the top court had dismissed a review petition filed against its earlier verdict refusing to form any SIT or group of experts to conduct an investigation. After perusing the review petition, a bench, headed by th ...Read More >
New Delhi: The Supreme Court on Wednesday closed the proceedings before the Madhya Pradesh High Court against state minister Vijay Shah in connection with his remarks against Indian Army officer Colonel Sofiya Qureshi. The officer gained nationwide prominence along with another woman officer, Wing Commander Vyomika Singh, during the media briefings on Operation Sindoor. The matter came up before a bench comprising Justices Surya Kant and N Kotiswar Singh. Solicitor General Tushar Mehta informed the top court that parallel proceedings were going on before the High Court against the minister. T ...Read More >
Chandigarh (Punjab) [India], June 6 (ANI): Vice President Jagdeep Dhankhar on Friday expressed concern over the recent cash controversy involving former Delhi High Court judge Justice Yashwant Varma. A substantial amount of unaccounted cash was discovered at Justice Varma's residence after a fire broke out in mid-March. The incident has sparked widespread debate and scrutiny. He questioned the absence of an investigation into the issue and why no FIR was registered for the same. The Vice President said, 'A painful incident happened in mid-March in Delhi at the residence of a sitting judge. ...Read More >
Image: Virat Kohli with Karnataka's Vice -Minister DK Shivakumar during the arrival of RCB at HAL airport in Bengaluru on Wednesday after their IPL 2025 title Triumph. Photo: Ani Photo A complaint has been filed against Royal Challengers Bengaluru's Starbag Virat Kohli at the police station of Cubbon Park in connection with the Sampede of 4 June near the M Chinnaswamy Stadium in Bengaluru that lived and did not injure dozens. The complainant, HM Venkatesh, accused Kohli of promoting what he described as 'gambling by IPL', claiming that it encouraged the enormous crowd that led to the tragedy ...Read More >
New Delhi: The Supreme Court on Thursday directed courts across the country to refrain from admitting or passing any new orders on pleas seeking surveys of mosques to determine if temples lie beneath them. This decision extends to existing suits, halting any further orders on the matter. The directive was issued as the apex court continued hearing petitions challenging the constitutional validity of the Places of Worship (Special Provisions) Act, 1991. This Act prohibits filing lawsuits to reclaim places of worship or alter their character from what existed on August 15, 1947. Judicial Revie ...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, May 20 (UNI) In a landmark judgment impacting judicial service aspirants across the country, the Supreme Court on Tuesday reinstated the requirement of a minimum three years of advocacy practice for candidates applying to entry-level judicial posts. The ruling clarifies that this condition will apply prospectively to future recruitment processes and not affect any judicial recruitment exercises already initiated by High Courts before this date. A three-judge bench comprising Chief Justice of India B.R. Gavai, Justice AG Masih, and Justice K Vinod Chandran delivered the verdict in ...Read More >
New Delhi, May 21 (SocialNews.XYZ) The Supreme Court on Wednesday refused to entertain a plea seeking criminal prosecution of Justice Yashwant Varma, who is embroiled in a controversy surrounding the alleged discovery of a huge pile of burnt cash in the storeroom attached to his bungalow in the national capital after the fire brigade had gone there to douse a blaze on March 14. "There was an in-house inquiry report. It has been forwarded to the President of India and the Prime Minister of India for action. If you are seeking a writ of mandamus, you have to first make a representation to those ...Read More >
New Delhi, June 6 (UNI) The Supreme Court on Friday declined to grant an urgent hearing to a petition challenging a Bombay High Court order that permitted animal sacrifice near a Dargah located within Vishalgad Fort in Maharashtra's Kolhapur district during the Bakr-Eid celebrations on June 7. The plea, mentioned before a vacation bench comprising justices Sanjay Karol and Satish Chandra Sharma, sought immediate intervention against the June 3 High Court order allowing the ritual sacrifice at the historically protected site. The petitioner's counsel argued that Vishalgad Fort is a notified p ...Read More >
(The Hindu) - Chief Justice of India BR Gavai has said that he and his colleagues in the Supreme Court have publicly pledged to not undermine the public's trust in judicial integrity by accepting post-retirement roles or positions from the government. Speaking at a roundtable discussion at the Supreme Court of the United Kingdom, CJI Gavai observed that post-retirement posts that align former judges completely with the government of the day "can create a perception that judicial decisions were influenced by expectations of future political or governmental roles", LiveLaw reported. CJI Gavai ...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 >
Imphal, June 7 (UNI) Three militants were nabbed in separate incidents during the last 24 hours in Manipur, police said on Saturday. Manipur Police arrested a militant from Moidangpok Awang Leikai from Khumbong Bazar under Imphal West District, they said. Security forces arrested a militant from the Elangkhanpokpi Mayai Leikai area under Kakching district. Security forces apprehended a militant from Wangoo Samushang in Bishnupur district and elected members from Kumbi area. In an operation, one M16 rifle, one bolt-action rifle, three pull-mechanism rifles, three improvised mortars, and fiv ...Read More >