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.
CHENNAI: The Indian government has directed businesses to submit monthly reports on the maximum retail price (MRP) of 54 essential consumer goods, starting from September 22, 2025. This step is aimed at ensuring that the benefits of the recent Goods and Services Tax (GST) rate cuts are passed on to consumers and to prevent any unfair price increases by companies. The Central Board of Indirect Taxes and Customs (CBIC) has instructed Central GST field offices through a Friday notification to closely monitor price changes for items such as butter, thermometers, toys, and other commonly used goods. Companies must provide detailed, brand-wise comparisons of MRPs before and after the GST changes. These reports are to be submitted to the CBIC by the 20th of each month for the next six months.
Patna (Bihar) [India], July 6 (ANI): The ongoing Special Intensive Revision (SIR) campaign of the electoral rolls in Bihar is progressing rapidly and recognizing the efforts of the Polling station officials, the Chief Electoral Officer (CEO) of Bihar has announced a special incentive of Rs 6,000 for each. This additional honorarium is aimed at acknowledging their hard work and commitment during the intensive revision process. Also Read | PM Narendra Modi, Argentine President Javier Milei Agree to Diversify India-Argentina Trade Basket, Vows to Expand Cooperation in Defence, Security and Mine ...Read More >
New Delhi [India], July 16 (ANI): The Indian government expressed regret on Tuesday over the reported demolition of the ancestral property of celebrated filmmaker and writer Satyajit Ray in Mymensingh, Bangladesh and expressed its willingness to extend cooperation in its restoration. "We note with profound regret that the ancestral property of noted filmmaker and litterateur Satyajit Ray in Mymensingh, Bangladesh, belonging to his grandfather and eminent litterateur, Upendra Kishor Ray Chowdhury, is being demolished," the Ministry of External Affairs said. Also Read | India Urges Bangladesh ...Read More >
BALASORE: In a heart-wrenching incident, a man was forced to carry his 17-year-old daughter's body on a trolley rickshaw for around 7 km to a community health centre in Balasore's Baliapal for postmortem after reportedly failing to afford an ambulance. Asha Bindhani, a minor girl suffering from mental illness, reportedly died by suicide on Thursday afternoon in Deula village under Baliapal police limits. After spotting her, locals informed her father Madhu Bindhani and the police. Madhu, a daily wage labourer, rushed to the spot and found his daughter dead. Shortly after, police arrived and ...Read More >
Chandigarh, Jul 1 (PTI) Punjab registered a record 44.44 per cent growth in net goods and services tax collections at Rs 2,379.90 crore in June 2025, said Finance Minister Harpal Singh Cheema on Tuesday. Addressing the media here, Cheema said Punjab outpaced the national average in GST collection growth, firmly positioning itself among the top-performing states in tax mobilization despite facing national and geopolitical challenges, including border-related tensions. Also Read | Who Is PVN Madhav? Here's Everything You Need To Know About the Newly Appointed Andhra Pradesh BJP President. The ...Read More >
Union Minister Piyush Goyal pledged to recommend a GST reduction on handicrafts and handlooms in Jammu and Kashmir. He addressed the FTII Traders Conclave 2025 in Srinagar. Goyal also announced a Centre of Excellence for Packaging and Design. Discussions included setting up a Centre of Excellence for storage technology. He assured support for startups and new talent. Union Commerce and Industry Minister Piyush Goyal on Sunday promised to recommend a reduction in the Goods and Services Tax impose ...Read More >
Hyderabad, July 18 (UNI) In view of the ongoing heavy rains in Hyderabad, Chief Minister A Revanth Reddy has directed all concerned departments to stay on high alert and ensure swift response to public grievances. The Chief Minister instructed officials from GHMC, HMDA, Water Works, Electricity, and Police departments to work in close coordination to prevent any rain-related disruptions. He also emphasised the need for immediate action in areas facing waterlogging, power outages, or other rain-induced issues. CM Revanth Reddy further directed the deployment of SDRF, NDRF, Hydra teams, and ot ...Read More >
New Delhi, Aug 29 (PTI) Punjab Finance Minister Harpal Singh Cheema on Friday said the Centre under the current proposal to rationalize Goods and Services Tax (GST) rates should provide adequate compensation to states to prevent financial instability, asserting that such a balanced approach will protect the fiscal autonomy of states while advancing the objectives of GST reform in the true spirit of cooperative federalism. He emphasised that the benefits of this measure should reach the poor people of the country who are facing inflation, rather than corporate houses. He stressed that if the ...Read More >
SHILLONG, July 11: Union Finance Minister Nirmala Sitharaman on Friday virtually laid the foundation for several key projects worth Rs 1,400 crore from the Lariti auditorium in Mawkasiang, New Shillong Township. The projects are aimed at accelerating infrastructure, economic growth and social welfare in Meghalaya. They include the redevelopment of Umiam Lake into a world-class sustainable tourism destination at an estimated cost of Rs 99.99 crore, alongside the development of MICE (Meetings, Incentives, Conferences, and Exhibitions) Infrastructure at Mawkhanu, also under Special Assistance t ...Read More >
Union Minister of Parliamentary Affairs Kiren Rijiju will hold a meeting with the floor leaders of political parties in both the Houses of Parliament, ahead of the Monsoon Session of Parliament scheduled to begin on Monday. The meeting will be held in Main Committee Room, Parliament House Annexe. The meeting will be followed by a media briefing. The meeting will commence at 11:00 AM, as per an official communication. The Government had earlier announced the schedule for the Monsoon Session of ...Read More >
Medak: Telangana State BJP President N. Ramchander Rao on Friday appealed to the people to give the committed party an opportunity to meet the aspirations of the poor and downtrodden. Addressing a large gathering of party workers in Medak, the BJP chief remarked that citizens have experienced the rule of the BRS and the Congress party and have had bitter experiences with the deceitful practices of both. He urged people to support the BJP wholeheartedly in the upcoming local body elections as a way to teach the ruling Congress party a lesson for its unfulfilled promises. Rao emphasized that t ...Read More >
Patna, July 19 (SocialNews.XYZ) In a major action against corruption, the State Vigilance Unit (SVU) on Saturday arrested Sub-Inspector Putul Kumari, the SHO of the Women's Police Station in Samastipur, for accepting a bribe of Rs 20,000. Her driver was also arrested in the case. The arrest has created a stir within the police department. According to an official, Putul Kumari was caught red-handed while taking the bribe from Rajiv Ranjan, a resident of Chhatauna village under Mufassil police station limits, in connection with an assault case. Rajiv Ranjan had filed a written complaint with ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) India's economic expansion and its GDP growth are clearly on the right path despite geopolitical turbulence and tariff uncertainties, and this is showing in numbers too, economist Akash Jindal said on Thursday. Citing economic resilience and sustained fiscal consolidation, global credit ratings agency S&P Global has upgraded India's long-term unsolicited sovereign credit rating to "BBB" from the earlier "BBB-", ahead of the 79th Independence Day. Reacting to the report, Jindal told IANS that fiscal consolidation is very important for any economy, and the In ...Read More >
DHARMAPURI: For the third time in the past two months, a wild leopard wandered into a private farmland near Valaithottam village near Palacode and hunted chicken raised by a local farmer. Locals are increasingly distressed and urged the forest department to take steps to relocate the leopard. Over the past few months, there have been several reports of leopard sightings in forest areas near Palacode, particularly in Valaithottam village, near the forest's fringe. There have been two instances when the leopard attacked farmlands, taking away a domestic dog and a chicken. On Saturday, the leop ...Read More >
Imphal, June 29 (UNI) A series of successful operations carried out by Manipur Police and security forces during the last 24 hours led to the arrest of several individuals involved in vehicle theft, insurgent activity, and the recovery of a significant cache of arms and ammunition. Police arrested a vehicle lifter identified as Syed Riyaj from his residence at Lilong Chaobok in Thoubal District. The arrest was made under Lilong Police Station. Authorities seized a blue two wheeler without registration number, along with a key and an Aadhaar card believed to be linked to the suspect. In a s ...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, Jul 18 (PTI) Kapil Raj, a former ED officer who supervised the arrests of two chief ministers under the anti-money laundering law, has resigned from government service after serving for about 16 years. An order issued by the Ministry of Finance on Thursday said the "President of India was pleased to accept his resignation from the Indian Revenue Service (Customs and Indirect Taxes) with effect from July 17." The 45-year-old officer belonged to the 2009 batch of the IRS. Sources close to the officer spoke to PTI and attributed "personal reasons" for his resignation from government ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >
Srinagar (Jammu and Kashmir) [India], July 6 (ANI): Union Minister of Commerce and Industry Piyush Goyal, during his visit to Srinagar on Sunday, thanked people for their support during Operation Sindoor. 'We are indebted to the people of Kashmir for the way they supported Operation Sindoor and stood firm against terrorism. Like we have decided to end Naxalism by 2026, I am confident that together we will eradicate terrorism from its roots,' Goyal told ANI. Operation Sindoor was initiated on May 7 this year in the aftermath of the Pahalgam terror attack in which 26 civilians were killed. Th ...Read More >
New Delhi [India], July 19 (ANI): The Chief Minister of Uttar Pradesh, Yogi Adityanath, met Prime Minister Narendra Modi and Union Home Minister Amit Shah in New Delhi on Saturday. The Prime Minister Office (PMO) handle posted on X, Chief Minister of Uttar Pradesh, Shri @myogiadityanath, met Prime Minister @narendramodi. Sharing an X post about the meeting, CM Yogi wrote, I had the honour of meeting the world most popular leader, the respected Prime Minister Shri @narendramodi ji, in New Delhi today and received his warm guidance. Heartfelt gratitude to Prime Minister ji for granting me his ...Read More >
Mumbai (Maharashtra) [India], August 3 (ANI): In a major crackdown on narcotics smuggling, officers of the Airport Commissionerate, Mumbai Customs Zone-III, have seized 14.738 kgs of suspected NDPS hydroponic weed (marijuana) valued at approximately Rs 14.73 crore during operations on Sunday. The seizures were made across Chhatrapati Shivaji Maharaj International Airport (CSMI), resulting in the arrest of one passenger, as stated in the press release. The passenger was arrested under the provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. Based on specific intel, ...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 >
Srinagar, Jul 3 (PTI) The annual Amarnath Yatra began on Thursday with the first batches of pilgrims setting off from the twin base camps in Baltal and Nunwan towards the 3880-metre-high cave shrine in the south Kashmir Himalayas, which houses a naturally formed ice-lingam, officials said. The yatra started early morning from the twin tracks -- the traditional 48-km Nunwan-Pahalgam route and the 14-km Baltal route. The batches of pilgrims, including men, women and sadhus, left from the Nunwan base camp in Pahalgam, in south Kashmir's Anantnag, and Baltal base camp in Sonamarg area of central ...Read More >
Srinagar (Jammu and Kashmir) [India], July 6 (ANI): Union Minister Piyush Goyal enjoyed a 'shikara' ride on Dal Lake during his visit to Srinagar, Jammu and Kashmir on Sunday. Goyal told ANI, 'Even my Shikara's name is Peace of Heaven. The peace I experience when I come to Dal Lake takes me back to my school days. I haven't forgotten my childhood memories. God has given a heaven to the country.' Tourism in Jammu and Kashmir took a hit after the April 223 Pahalgam terror attack in which 26 people on April 23. Goyal lauded the locals for their support during Operation Sindoor and added that t ...Read More >
Bengaluru: Congress National General Secretary and Karnataka incharge Randeep Singh Surjewala on Wednesday refuted reports regarding a meeting between the Leader of the Opposition (LoP) in the Lok Sabha, Rahul Gandhi and Chief Minister Siddaramaiah and Deputy CM D.K. Shivakumar in New Delhi, as "purely imaginary". Answering a question by the media on a possible meeting as Chief Minister Siddaramaiah and Dy CM Shivakumar are in New Delhi over developments in the state, he dubbed them "purely imaginary." "I have no knowledge of any such meeting of LoP Rahul Gandhi with the Karnataka CM and Dy ...Read More >
Mumbai : Tesla's long awaited India debut finally took place with chief minister Devendra Fadnavis inaugurating its showroom in Mumbai on Tuesday. The Elon Musk-led car maker unveiled its Model Y compact all-electric SUV at its 'Experience Centre' in Bandra-Kurla Complex with the CM describing it as the "right city and the right state" for the launch."Mumbai stands for innovation and sustainability. In 2015, when I went to the US, I had my first ride in a Tesla, and then I thought we need such a vehicle for mobility in India. But it took 10 years for it to come to India. But we are very happy ...Read More >
Lucknow, Jul 17 (PTI) To curb illegal mining and transportation, the Uttar Pradesh government is deploying advanced technologies under the Integrated Mining Surveillance System (IMSS), a release said on Thursday. Mining activities are already being monitored through drones, geo-fencing, RFID tags, and AI-powered check gates. Now, the state is set to introduce 'Weigh-In-Motion' (WIM) technology to accurately track vehicle overloading. Also Read | 'Arvind Kejriwal Used Government Funds to Buy Mobiles Costing Up to INR 1.63 Lakh', Claims Delhi Minister Ashish Sood. According to the official re ...Read More >
Kapil Raj, a former Enforcement Directorate officer, has resigned after 16 years of service. He oversaw the arrests of Hemant Soren and Arvind Kejriwal. Raj, an Indian Revenue Service officer, cited personal reasons for his decision. He supervised high-profile investigations, including those involving Nirav Modi and Mehul Choksi. Kapil Raj, a former ED officer who supervised the arrests of two chief ministers under the anti-money laundering law, has resigned from government service after serving ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in Srinagar, and two in Budgam district -- (KNO) ...Read More >
Kerala Lottery Result SAMRUDHI SM 12 Results Live: The first winner of today's lottery game- SAMRUDHI SM 12 lottery- takes home Rs 1 crore as a cash prize. The Kerala lottery is one of the most trusted games in the country. Kerala Lottery Result Sunday 20-07-2025: The Kerala lottery is back with another fun game- that may lead you to win Rs 1 crore! The results for today's Kerala lottery games- SAMRUDHI SM 12 Sunday- are announced. The Kerala lottery results are announced here, so people with tickets for today's game can stay in touch with this live blog. Samrudhi Lottery Series: MN, MO, MP, ...Read More >
Gross Goods and Services Tax (GST) collections rose 7.5 per cent year-on-year to Rs 1.96 lakh crore in July (for sales in June), data released by the government on Friday showed. Even though the pace of growth in gross GST collections picked up to 7.5 per cent in July from 6.2 per cent, this is the second consecutive month wherein the growth rate has been in single digits and much lower after posting double-digit growth in the first two months of the ongoing financial year. ARTICLE CONTINUES BELOW VIDEO Net GST collections, after accounting for refunds, took a hit by growing by just 1.7 per ...Read More >