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.
While no casualties were reported in the incident at the TVS Motor showroom, the Pune Fire Brigade rescued a man stuck inside the service centre. A showroom and service centre of TVS Motor in Pune's Bund Garden Road caught fire, leaving as many as 60 two-wheelers gutted, Monday night. While no casualties were reported in the incident, the Pune Fire Brigade rescued a man stuck inside the service centre. Pune Fire Brigade officials said 60 vehicles, including new and old electric and petrol-oper
Bengaluru, 4th December 2024- PURE EV, one of India's leading electric two-wheeler manufacturers, has unveiled an ambitious roadmap to strengthen its presence nationwide and expand globally while introducing innovative solutions for sustainable mobility. Over the next 30 months, the company aims to add 250 new dealerships, taking its total network to over 320 across India. The expansion will be driven by the growing demand for long-range scooters, electric motorcycles, large B2B contracts, and the company's entry into the house-hold brand space. Dr. Nishanth Dongari, Founder & MD of PURE EV, ...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 >
Noida: Liquor revenue in the city jumped by 35% in the first quarter of 2025-26 compared to the same period last year. The city recorded Rs 625 crore in liquor revenue from April to June 2025, compared to Rs 462 crore during the same period in 2024-25.According to excise department data, the revenue in the first quarter of 2023-24 was Rs 430 crore, showing a 7% growth between 2023-24 and 2024-25 and a much larger jump this year.The sharp rise is attributed to the new liquor policy in the state, which made significant structural changes to the retail and licensing system.The month-wise revenue ...Read More >
New Delhi (July 3, 2025): A fire broke out following a blast in an electrical transformer near the Trauma Centre of the All-India Institute of Medical Sciences (AIIMS) in Delhi on Thursday afternoon, officials said. No injuries were reported. According to Delhi Fire Services (DFS), the call was received at 3:34 p.m. and eight fire tenders were sent to the location. The fire was brought under control by 3:55 p.m. "We received a call regarding a fire at the AIIMS Trauma Centre at 3:34 pm. We rushed eight fire tenders to the spot. The fire that was in a transformer was doused. No one received a ...Read More >
Kochi: Edison Babu's neighbours in Muvattupuzha knew him as the quiet engineer who had returned home during the pandemic. The 35-year-old former auto industry professional seemed to lead an unremarkable life in this sleepy Kerala suburb, occasionally visiting the local post office with packages: nothing unusual for someone running what appeared to be a small online business. What they didn't know was that their mild-mannered neighbour had built India's most sophisticated darknet drug empire, one that relied heavily on the very government postal service that was meant to serve the community. ...Read More >
NEW DELHI: Diesel vehicles older than 10 years and petrol vehicles older than 15 years will be barred from getting fuel at petrol pumps in Delhi. The directive is part of a broad attempt to enforce the scrappage of "end-of-life vehicles" (ELVs) -- a measure long advocated by environmental experts but fraught with logistical, political, and social challenges. With around 62 lakh vehicles in Delhi classified as ELVs, including 41 lakh two-wheelers and 18 lakh four-wheelers, the move could -- on paper -- represent one of the largest municipal-level interventions for cleaner air in the country. ...Read More >
New Delhi, Jul 15 (PTI) St Stephen's College and St Thomas School here received bomb threats through email on Tuesday, prompting authorities to launch a thorough search operation, with officials saying nothing suspicious has been found so far. Deputy Commissioner of Police (North) Raja Banthia said St Stephen's College reported that they received the bomb threat at 7:15 am. "The mail claimed that four IEDs and two RDX bombs have been planted on the premises and in the library of the college. It further claimed that those would explode by 2 pm," the police officer was quoted as saying in a st ...Read More >
Hyderabad (Telangana) [India], July 17 (ANI): A comprehensive fire mock drill was conducted at the Cyberabad Police Commissionerate on Thursday in collaboration with the Telangana State Fire Department, aimed at enhancing emergency response systems and inter-departmental coordination during fire-related disasters. The drill featured a live demonstration by Madhapur Station Fire Officer Anjaneyulu Dodla, who briefed attendees on various fire safety tools, types of fire emergencies, and appropriate response methods. He also explained how to act during emergencies, the importance of remaining ca ...Read More >
Bhopal (Madhya Pradesh): A massive fire broke out in a private factory in the Bairagarh around 8 pm on Monday night, causing panic in the area. The fire broke out in a factory named Sign Vishwas Industries located in village Bhainsakhedi, where disposable boxes are made from aluminium. No casualty was reported in the incident Bairagarh ACP Aditya Singh said that this factory is located behind the Campion School. As soon as the information about the fire was received, the fire department was alerted and four fire tenders were sent to the spot. Of these, three vehicles were continuously engage ...Read More >
New Delhi: As India and the US prepare to seal a deal aimed at boosting bilateral trade, New Delhi is aiming for a balanced outcome while Washington is focused on securing deeper market access for its goods. Though India has drawn red lines around its sensitive sectors -- agriculture, dairy, and genetically modified (GM) food -- the US continues to push for significant concessions. It has signalled a potential 6% duty relief from the 16% reciprocal tariff hike announced on 2 April, which remains on hold until 9 July. However, three people familiar with the matter said that even if partial re ...Read More >
New Delhi [India], July 16 (ANI): After prominent schools in the national capital received bomb threats, personnel from the Delhi Police and Fire Department were immediately deployed to the spots. According to officials, fire tenders and police teams were dispatched to the premises of St. Thomas School and Vasant Valley School after they received bomb threats via email. The Fire Department stated that nothing suspicious has been found so far, and the investigation is ongoing. Earlier, St. Stephen College at Delhi University also received a bomb threat. The email claimed that a bomb had been ...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: A man died after a three-storey shop building collapsed near Pul Mithai in North Delhi's Lohia Chowk area early on Friday, officials said. The shops were part of the Azad Market area. Manoj Sharma,46, an employee at one of the shops housed in the building, was trapped under the rubble of the collapsed structure. He was pulled out of the debris and taken to the Hindu Rao Hospital, where he was later declared dead, the official added. He said Sharma had been an employee of the shop for nearly three decades. Officials said that a truck parked in front of the building was also severel ...Read More >
Delhi schools faced repeated bomb threats, causing panic. Delhi Police are investigating, finding the emails hard to trace due to encryption. Senders used VPNs and the dark web for anonymity. Directorate of Education issued safety guidelines. Schools increased security measures. Police are exploring all possible angles, including terror links. Parents expressed fear and anxiety over the disruptions. A fresh wave of bomb threats targeting schools and colleges has kept Delhi Police on its toes as ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped inside a residential building that caught fire, the DCP said. With the help of police personnel and fir ...Read More >
New Delhi: Six people, including a three-year-old child, were injured in five separate fire incidents reported across the city on Thursday.According to Delhi Fire Services (DFS), a fire was reported on Pankha Road in west Delhi's Janakpuri around 5.30am, in which two buses and a car were gutted. Two fire tenders were sent to the site. No casualties were reported. At 9.35am, a fire broke out in a house in southeast Delhi's New Friends Colony. According to police, a resident called workers to clean a sofa set in her home when a fire broke out. "It appears the thinner caught fire during the clean ...Read More >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...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 >
New Delhi: Rare earth magnets, essential for EV motors, have become the latest flashpoint in India's growing electric mobility ambitions. These magnets power the core of Brushless DC (BLDC) and Permanent Magnet Synchronous Motors (PMSM), which drive most electric vehicles today, particularly two-wheelers. With China tightening export controls, Indian automakers now face serious supply-side disruptions. If the situation continues, industry experts warn that EV prices could rise, production could slow and expansion plans may take a hit. In April this year, China imposed an export curb on rare- ...Read More >
Bhopal (Madhya Pradesh): A massive fire broke out at a paper roll manufacturing unit, Shri Ji Packaging Berol Laboratory, located in a industrial area near Ashoka Garden area of the capital city, around 7 PM on Sunday evening. Thick plumes of smoke were visible from over a kilometer away, triggering panic among nearby residents. According to Ashoka Garden Police, the administration has taken swift action to bring the blaze under control. A total of 15 to 20 police and fire brigade vehicles arrived at the scene, and efforts to extinguish the fire are ongoing. As of now, the fire has not been ...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 >
Hyderabad (Telangana) [India], July 4 (ANI): Congress chief Mallikarjun Kharge on Friday came down heavily on the Rashtriya Swayamsewak Sangh (RSS) over its pitch to reconsider the words 'secular and socialist' from the Preamble of the Indian Constitution while saying that it was 'all talk'. He dared and challenged RSS General Secretary Dattatreya Hosabale and top leaders of the ruling Bharatiya Janata Party (BJP) in the centre to remove the words 'secular and socialist' from the Preamble. 'Days before, I heard that some RSS person said that we should remove Secular and Socialist words from ...Read More >
Hyderabad: BRS senior leader T Harish Rao on Wednesday strongly condemned Chief Minister Revanth Reddy's "baseless and misleading" statements regarding irrigation and water rights in Telangana. Harish Rao accused Revanth Reddy and his Congress government of "mortgaging Telangana's rightful share of water resources and attempting to mislead people with fabricated data and staged presentations." Expressing outrage over the Chief Minister's closed-door meeting with Congress legislators at Praja Bhavan, Harish Rao asserted, "Revanth Reddy, your government deserves to be lashed for betraying Telan ...Read More >
Mumbai: Panic gripped residents of a 19-storey residential tower in Kanjurmarg (East) after a fire broke out on Sunday morning in the electric duct of the building, leaving several people stranded on upper floors and the terrace.Mumbai Fire Brigade (MFB) received the call at 11:40am and classified the blaze at N G Royal Park as a Level I fire by 12:10pm. The blaze was confined to electrical wiring and installations inside the vertical duct stretching from the first to the 19th floor, with the most intense fire activity concentrated between the 16th and 18th floors.Three fire engines, one fire ...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. Also Read | UK F-35B Lightning II Stealth F ...Read More >
HYDERABAD: With the kharif season underway and farmers facing an acute shortage of urea, agriculture minister Tummala Nageswara Rao has written to the Centre, urging immediate intervention to ensure timely and sufficient supply of the critical fertiliser. In letters addressed to Union minister for chemicals and fertilisers JP Nadda, Tummala highlighted the alarming gap between the state's demand and actual supply. The minister said the Centre had allocated five lakh metric tonnes of urea to Telangana for the months of April, May, and June. However, only 3.06 lakh metric tonnes have been suppli ...Read More >
New Delhi: Two people, a 25-year-old civil services aspirant and a 30-year-old lab technician, were killed in the massive fire at Vishal Mega Mart in central Delhi's Karol Bagh on Friday. According to the fire service, the building lacked a valid fire certificate and a case of negligence has been registered by police.The deceased were identified as Kumar Dhirender Pratap Singh and Pawan Gautam. Singh, originally from Sonbhadra in Uttar Pradesh, was found dead inside the elevator, where he is believed to have suffocated after getting trapped, while Gautam, an ITI graduate from Aligarh who worke ...Read More >
Bhubaneswar: With the indefinite 'Quit Steering Wheel' protest by commercial drivers entering its third day, Odisha faces an escalating fuel crisis, prompting police to intervene. Fuel tankers in several parts of the state are now being escorted by police to ensure uninterrupted supply of petrol and diesel. Visuals from Soro in Balasore district showed police accompanying tankers along National Highway-16 near Chaparpada after incidents where agitators allegedly tried to block tankers and persuade drivers to join the strike. In some cases, protesters reportedly resorted to heated arguments, e ...Read More >
New Delhi [India], July 11 (ANI): A man died after a three-storey shop building collapsed near Pul Mithai in North Delhi's Lohia Chowk area early on early hours of Friday. The collapsed building, located at Tokri Walan in Pul Mithai near Bara Hindu Rao, had three shops on the ground floor and godowns on the first floor. The shops were part of the Azad Market area and dealt in bags and canvas cloth. The deceased has been identified as Manoj Sharma, also known as Pappu, aged 45. He was an employee at shop number 7A, owned by Gulshan Mahajan, and had been working there for the past 30 years. T ...Read More >
New Delhi: A minor fire broke out at the Revenue Building in central Delhi's ITO area on Friday morning.According to Delhi Fire Services (DFS), the call was received at 9.57 am, after which a team of 36 firefighters and seven fire tenders were immediately sent. The fire was located on the second floor, in room number 238, and was brought under control swiftly."The fire started in an air conditioning unit, likely due to a short circuit, and spread to some nearby wiring. It was initially doused by staff using extinguishers, and our team handled the remaining fire and cooling operations," said a ...Read More >