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.
Kolkata: Commute in Kolkata changed forever on Monday, the first weekday since Metro Green Line between Salt Lake Sector V and Howrah Maidan became fully operational on Friday evening. Several thousand people, who used buses and autos to travel to their workplace and back, switched to metro. Such was the rush that trains on both the Green and Blue Lines were thrown out of gear. Closing the train and platform screen doors at Mahakaran Station proved a challenge on Monday evening, holding up trains on Green Line.As more people become familiar with the network, Metro expects a further surge in traffic.Monday was also a tale of two rail stations that the Green Line connected -- Howrah and Sealdah -- which are among the busiest rail stations in the country. On Monday, the metro stations at these complexes also became among the busiest.Hundreds of daily commuters from the districts who travel to various parts of the city for work hopped on to metro at these stations. Officials estimated Monday's footfall at Sealdah metro station to be around 80,000, up from 40,000 last Monday. At Howrah, Monday's footfall is projected to be around 75,000, up from 30,000 a week ago.Before the two E-W stretches were disjointed, Parikshit Das, who works in SBI's Howrah branch, would take a train to Esplanade, from where he switched to the Blue Line to Sovabazar, where he took two auto rides to another SBI branch in Salt Lake. "Today we simply took the metro from Howrah station, got off at City Centre station, and walked to the other office in Salt Lake," he said.Md Musa, who lives in South Dinajpur and has come to the city after making it to NRS Medical College, took a metro from Howrah Maidan to Sealdah for his admissions on Monday.Between 8 am and 11.30 am, Howrah metro station recorded around 30,000 footfall.Senior officials, including principal chief operations manager (PCOM) Lakheswar Saikia, visited the two stations, along with senior RPF officials, including IG, Metro Railway RPF, Saurabh Tribedi. Saikia helped people use the Amar Kolkata Metro app. On instructions from the senior officials, three more counters were added in Howrah station, apart from the five running ones. The most congested part of Sealdah metro station was the ticketing area that leads to Eastern Railway's Sealdah South section.
Kolkata: Trial runs for Kolkata's first airport-metro link may begin on Monday, Dec 16, sources said. Metro Railway, which is implementing the city's Yellow line, including the first 7 km phase between Noapara and Jai Hind (airport) stations, is chasing a March 2025 deadline to commission the stretch. Before the official trials start on Monday, some pre-trial runs may be conducted on Saturday to ensure that the formal launch of the train run on Monday is glitch-free. "We might take the rake from ...Read More >
Navi Mumbai: The father of a three-day-old girl who was found abandoned in a blue basket outside Navi Mumbai's Panvel wad traced and detained on Sunday, the police said. According to them, the infant's parents were not financially stable enough to raise her. Due to this, the couple decided to give up the baby to an orphanage that could look after her, reported PTI. However, the Navi Mumbai police's crime branch traced the infant's father, Aman Iqbal Kondkar, a resident of Thane's Bhiwandi, within 24 hours, an official said. ...Read More >
Bhubaneswar: Commuters, patients and examinees faced a tough time on Thursday as the Congress-led statewide bandh disrupted vehicular movement and train services. The dawn-to-dusk bandh, supported by Left parties, was called demanding justice for the 20-year-old Balasore student who died by suicide over alleged sexual harassment by a faculty member and the apparent inaction by college authorities to her complaint.Three-year-old Raju Munda, from Dhenkanal district's Kankadahad block, died after th ...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 >
Kanpur (UP), May 28 (PTI) Prime Minister Narendra Modi will lay the foundation stone and inaugurate multiple development projects worth about Rs 20,900 crore here on Friday to boost the region's infrastructure and connectivity, an official statement issued here said. He will launch Chunniganj Metro Station to Kanpur Central Metro Station section of the Kanpur Metro Rail Project worth more than Rs 2,120 crore. It will include 14 planned stations with five new underground stations integrating key city landmarks and commercial hubs into the metro network. Besides, he will also inaugurate road-w ...Read More >
HYDERABAD: The Commissioner's Task Force (South West Zone), along with Mangalhat Police, arrested two habitual offenders for cheating elderly women using counterfeit currency. Police recovered Rs 20,000 in cash and an auto-rickshaw, with the total seizure valued at Rs 1.2 lakh. The accused were identified as auto drivers Syed Waseemuddin (34) of Yakutpura and Mohd Azam Ali (34) of Vatepally, originally from Amaravati, Maharashtra. Addicted to liquor and other vices, they turned to crime due to poor earnings. They allegedly purchased dummy Rs 500 notes from a Charminar stationery shop. Their ...Read More >
Thiruvananthapuram: Residents are facing mounting transport woes after KSRTC redeployed more than half of its city circular electric buses to inter-district routes. While intended to expand sustainable travel options, the move has left urban commuters grappling with unreliable services and increased costs, directly impacting their daily lives and livelihoods.In 2023, under the Smart City initiative, KSRTC launched 113 electric buses for its city circular network in partnership with the corporation. The buses offered a flat fare of Rs 10 per ride or Rs 150 for a 24-hour pass, providing affordab ...Read More >
NEW DELHI: The National Organ and Tissue Transplant Organisation (NOTTO) has suggested prioritising women in allocation of deceased donor organs.In a letter to the states/UTs, the apex authority for regulating organ donations and transplants in the country, has said a provision should be made to mark additional points for women recipients of donor organs, to address gender disparity. Studies have shown that while women make up a large percentage of donors, they receive fewer organs than men. "Women are equally vulnerable when it comes to end-stage organ failure due to illness, and it is import ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
Lucknow: A man accused of raping a three-year-old girl died in an encounter with Uttar Pradesh police in Lucknow on Friday, a day after a complaint was registered against him. The accused was identified as Deepak Verma. After receiving the complaint, the police formed five teams and launched a manhunt operation to nab Kumar. Kumar was initially injured in the gunfight. However, he succumbed to injuries during treatment. "Accused Deepak Verma, who was injured in an encounter with the Police, has died during treatment," DCP Central Lucknow Ashish Srivastava told news agency ANI. The girl was a ...Read More >
Hyderabad: The much-awaited Shilpa Layout Phase 2 flyover is finally open to the public. Telangana chief minister inaugurated the flyover at Gachibowli on Saturday, June 28. Named after late senior Congress leader and five-time MLA P Janardhan Reddy, the 1.2 km-long six-lane bi-directional flyover has been built at a cost of Rs 182.72 crore. Built under the Strategic Road Development Programme (SRDP), the new PJR flyover promises smoother vehicular movement between ORR, Kondapur, Hafeezpet, Hitech City, and the Financial District. Addressing the crowd, CM Revanth stated that more flyovers a ...Read More >
Kolkata: Traffic movement in parts of Kolkata was heavily affected on Tuesday due to demonstrations and processions carried out as part of the Bharat Bandh called by several trade unions and farmer organizations. Major traffic diversions were put in place across the city. A large procession was reported on the Sealdah Flyover and AJC Bose Road, leading to temporary roadblocks and diversions during peak hours. Authorities also confirmed a significant demonstration at Raja SC Mullick Road, causing slow movement and congestion in the surrounding areas. Commuters were advised to avoid affected r ...Read More >
Kolkata, Jul 20 (PTI) With an eye on assembly polls next year, the TMC is gearing up to turn its annual Martyrs' Day rally into a powerful platform to sharpen its Bengali pride narrative and hit out at the BJP over the alleged harassment of Bengali-speaking migrants in saffron-ruled states. Set against the backdrop of rising tensions over the linguistic profiling and treatment of Bengali migrant workers in BJP-governed states such as Assam, Odisha, Maharashtra, Gujarat and Delhi, the July 21 rally in Kolkata's Esplanade is expected to see Trinamool Congress supremo and Chief Minister Mamata B ...Read More >
Mumbai, Jul 1 (PTI) Lakhs of trucks and other goods carriage vehicles in Mumbai and other parts of Maharashtra will go on indefinite strike to oppose the e-challan system for traffic violations, and other demands from Tuesday midnight, transporters said. The operators of buses, including those involved in ferrying school children, however, announced they would postpone their participation in the strike at the request of Chief Minister Devendra Fadnavis, who said the warkaris (Lord Vitthal devotees) would face inconvenience as Ashadi Ekadashi is just round the corner. Taking cognizance of the ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
Guwahati, Jul 15 (PTI) Congress president Mallikarjun Kharge and Leader of Opposition in Lok Sabha Rahul Gandhi will visit Assam on Wednesday during which they will interact with party functionaries of the state. State Congress chief Gaurav Gogoi said the district, block and mandal presidents of the party will be able to present their views before its top leadership during Kharge and Gandhi's visit. Also Read | Did Lucknow Court Judge Take Selfie With Rahul Gandhi During Hearing of Indian Army 'Defamation' Case? BJP's Amit Malviya Found Fake in Fact Check. "I look forward to welcoming Shri ...Read More >
Kolkata News: The Kolkata Metro has announced that trains will not run between Howrah Maidan and Esplanade on August 3, as they will be testing the Automatic Train Operation (ATO) system on that day. However, regular Metro services will continue as usual along the North-South corridor, from Dakshineswar to Shahid Khudiram stations, a Metro spokesperson said. ...Read More >
Mumbai: On August 12, the Siddhivinayak Ganpati Temple Trust in Prabhadevi is getting ready for Angaraki Sankashti Chaturthi, anticipating lakhs of worshippers. This event, honoring Lord Ganesha, takes place on the fourth day after the full moon in the waning phase of Hindu months. A shed has been set up along the exit to the temple grounds enabling devotees to line up while considering road safety and traffic, and to access the complimentary taxi and bus services available to them. Complimentary tea and hygiene services were provided to the community at the temple. To enhance worship, the t ...Read More >
Mumbai: Following public outrage, ICICI Bank on Wednesday partially reversed its minimum average balance (MAB) requirements from Rs 50,000 to Rs 15,000 for new customers in urban areas. Under the revised terms, new savings account holders in semi-urban and rural branches will be required to maintain Rs 7,500 and Rs 2,500, respectively, as against the Rs 25,000 and Rs 10,000 decided earlier by ICICI Bank. "We had introduced new requirements for the minimum Monthly Average Balance (MAB) for new Savings Accounts opened from August 1, 2025. Following valuable feedback from our customers, we have ...Read More >
A two-and-a-half-year-old girl was allegedly raped near the Alambagh Metro station in Lucknow, one of the busiest zones at due to the presence of the Inter-State Bus Terminal (ISBT). The victim, a daughter of pavement dwellers from Unnao, was picked up while she was sleeping next to her father and mother on the roadside early Thursday morning, police said. The accused is still absconding, and police teams have been formed to trace him. The child was found in a severely injured state, abandoned a ...Read More >
New Delhi [India], July 5 (ANI): In a concerted effort to accelerate coordinated action towards abatement of air pollution in the region, the Commission for Air Quality Management in NCR and Adjoining Areas (CAQM) under the Chairmanship of Rajesh Verma, held two significant high-level review meetings on July 3. The senior officials of the Commission, along with the Chief Secretaries and senior officers of the two State Governments, Haryana and Punjab, were present at the meeting. According to the release, the review aimed to strengthen interdepartmental coordination in the two States, as men ...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 >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
Bengaluru: For millions of people, the sudden, sharp pain of tooth due to sensitivity can turn a sip of cold water into a jolt. Now, researchers at Indian Institute of Science (IISc), in collaboration with Bengaluru-based deep-tech startup Theranautilus, have engineered "CalBots" - magnetic nanobots that can seal the problem at its source.As per IISc, CalBots are 400-nanometre particles loaded with a calcium silicate-based bioceramic formula, designed to travel 500 micrometres deep inside dentinal tubules, the tiny tunnels in the tooth that lead to nerve endings. Guided by an external magnetic ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
Lucknow, June 6: A man accused of abduction and rape of a three-year-old girl in Lucknow, Uttar Pradesh, was killed in an encounter with police on Friday. The accused was identified as Deepak Verma by the police after scanning CCTV footage that showed him with the child. The officials said he was a habitual offender with criminal cases lodged across the city police stations. Deputy Commissioner of Police (Central Zone) Ashish Srivastava said five police teams were formed immediately after the incident was reported, and a reward of Rs one lakh was announced for his arrest. Police, after identi ...Read More >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >
Thiruvananthapuram, July 8 (SocialNews.XYZ) Normal life came to a standstill across Kerala on Tuesday after around 20,000 private buses were off the roads due to a token strike called by the operators. The operators have been raising demands like an increase in charges for student concessions, steps to check fake concession cards, besides a few other demands for a while now. With the talks with the Transport Commissioner failing, the operators decided to have a token strike on Tuesday. They have warned that if the government fails to address their demands in a week, they will have no other o ...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 >