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.
KOCHI: A shocking early-morning accident two weeks ago, which claimed the lives of three members of a family who were returning home after seeing off a relative at Kochi airport, has served to further highlight the increased risk posed by driving at night. The tragedy has also given rise to increased demands for deploying night services to airports using luxury sleeper buses being acquired by the Kerala State Road Transport Corporation (KSRTC), as previously promised by Transport Minister K B Ganesh Kumar. "Currently, there is no connectivity to airports and back at night or early morning, when most of the international flights operate. Deploying luxury semi-sleeper buses will greatly benefit travellers from central and north Kerala. The services will also attract commuters as people are willing to pay more for comfort and convenience. Look at the case of Kochi Metro's feeder buses operating to the airport during the day," said Ramesh Mathew, a frequent flyer who largely depends on public transport system for first- and last-mile connectivity. In an interview to TNIE, the minister promised AC semi-sleeper night services to airports. "KSRTC will operate AC sleeper buses with sufficient luggage space for the benefit of passengers on red-night flights. The buses won't have scheduled services and will leave only after flights arrive," he said last November, when KSRTC initiated the process of introducing luxury buses as part of fleet modernisation. Manufacturers have started handing over the vehicles, including Volvo 9600s, premium AC coaches and sleeper buses. Ganesh Kumar also talked about placing orders for 30 buses, with services from Kochi airport to Malabar and Central Travancore regions.
Srinagar, Nov 27 (UNI) Jammu and Kashmir's Road Transport Corporation (RTC), a crucial backbone of public transportation, has raised serious concerns over the barring of its buses from entering Srinagar city limits. The move has triggered alarm within the Corporation, with officials cautioning about significant disruptions to public transport services and daily commutes, alongside substantial financial losses for the RTC. The restriction, in effect since November 4 when the maiden session of the Assembly commenced, is causing a daily revenue loss of Rs. 4 lakh to the Corporation. In a lette ...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 >
THIRUVANANTHAPURAM: Daily life came to a standstill in the state on Wednesday as the 24-hour general strike, jointly called by several Opposition trade unions, left most business establishments closed and roads deserted. Key government offices reported poor employee attendance. Despite the police increasing security at the Secretariat, staff attendance dropped to 14%, with just 600 employees reporting for duty, against the total strength of 4,200. KSEB offices registered a meagre 15% attendance. This was also the case in other government offices, including the Public Service Commission. Near ...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 >
New Delhi, July 9: A nationwide strike gripped India on Wednesday, as more than ten central Trade Unions, backed by farmer groups and rural worker organisations, launched a general shutdown in protest against the Centre's alleged "anti-worker, anti-farmer, and pro-corporate" policies. The 'Bharat Bandh' disrupted essential services across several states in the country. The protests remained peaceful across the nation, except in Tamil Nadu and West Bengal, where the protestors clashed with the police, after which some were detained. The strike is a coordinated action by key Trade Unions includ ...Read More >
BENGALURU: Bengaluru Metropolitan Transport Corporation's (BMTC) push towards eco-friendly public transport got a major boost with the induction of 148 new non-AC electric buses on Friday. The buses were flagged off by Transport and Muzrai Minister Ramalinga Reddy at the BMTC Central Office in Shanthinagar. The event also marked the launch of new routes under express services and package tours. With this, BMTC's electric bus fleet now totals 1,436 vehicles. The BMTC stated that the operation of electric buses prevents the emission of nearly 2.07 lakh kg of carbon dioxide per day and saves aro ...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 >
New Delhi [India], June 7 (ANI): Congress leader Jignesh Mevani on Saturday questioned the government over the ceasefire in Operation Sindoor, alleging foreign pressure and demanding clarity on its terms. Mevani accused Prime Minister Narendra Modi of backing down under US influence and asked why the remaining terrorists haven't been caught. 'It's been a month since the government launched Operation Sindoor and claimed to have caught a terrorist. The Prime Minister boasts of a 56-inch chest, says India is a Vishwa Guru, and speaks of vermilion running through our veins. Then why haven't the ...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 >
The Baatara Gorge Waterfall, also known as the "Cave of Three Bridges," is one of Lebanon's most enchanting natural wonders. This unique geological formation in Tannourine has been captivating visitors for centuries. In this article, we'll provide you with a comprehensive guide on how to visit this breathtaking site. From practical tips to essential information, we've got you covered! The ideal time to visit the Baatara Gorge Waterfall is in the springtime, specifically between March and May. Why? Well, this is when the snow from the mountains around melts down, providing water to the fall an ...Read More >
Kolkata, Jul 14 (PTI) Protesters scuffled with the police and roads were blocked during a 12-hour bandh called by the BJP in Khejuri area in Purba Medinipur district of West Bengal on Monday to protest the unnatural deaths of two persons. Sujit Das (23) and Sudhir Chandra Paik (65) died when they went to attend a Muharram event in Janaka area of Khejuri on Friday night. Leader of the Opposition in the state assembly, Suvendu Adhikari, claimed that seven people, including a local TMC leader, beat them to death, while police stated the two died after halogen lamps accidentally fell on them fro ...Read More >
Chandigarh: Punjab governor and UT administrator Gulab Chand Kataria met Union ministers in Delhi on Friday and took several pending issues of Chandigarh with them for early resolution. Gajendra Singh Shekhawat (minister for tourism) and Bhupender Yadav (minister for environment, forest and climate change) were in New Delhi to discuss critical developmental issues concerning Chandigarh and Punjab, particularly in the areas of public transport, tourism infrastructure, and environmental sustainability.In his meeting with Manohar Lal Khattar (minister for housing and urban affairs), the governor ...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 >
Hyderabad: The Telangana State Road Transport Corporation (TGSRTC) is set to introduce WhatsApp ticketing and digital bus passes, offering passengers a faster and more convenient way to travel. Under the Automatic Fare Collection System (AFCS), commuters will soon be able to book tickets by simply entering journey details through WhatsApp and receiving e-tickets instantly. Digital bus passes will also be issued via the RTC mobile app and verified using handheld ticketing machines by conductors. Transport and BC Welfare Minister Ponnam Prabhakar announced these initiatives during his visit to ...Read More >
Ranchi: The long awaited Ratu road flyover was inaugurated by Union minister of road transport and highways Nitin Gadkari on Thursday. The 4.18 km long, four-lane project has been built at a cost of Rs 560 crore. Once opened for traffic movement, the flyover will boost the city traffic by doing away with the perennial traffic congestion at Ratu road. Besides inaugurating the flyover, Gadkari also laid the foundation stone for two new flyover projects at the OTC ground in the evening. Various MPs, state transport minister Deepak Birua among others were present on the occasion.Calling the newly ...Read More >
Kolkata: The Kolkata Traffic Police is facing a new challenge in managing vehicle parking for the upcoming Shahid Diwas rally on Monday, as persistent rainfall threatens to render designated parking fields unusable. The fresh spell of rain on Friday, with more occasional rain predicted even on Saturday, has left cops worried as they believe the Maidan area can be filled with slush.The traffic department, which initially planned to utilise various fields across the city for parking buses and cars of parade attendees, is now frantically searching for alternative solutions on the main roads, stre ...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 >
T'puram/Kochi/Kozhikode: The nationwide strike called by central trade unions demanding a rollback of labour reforms and protection of public sector institutions brought Kerala to a near-total standstill on Wednesday.All sectors -- except essential services -- were paralysed, with shops, factories, offices and educational institutions shut across the state. Public transport took a major hit, leaving many stranded at bus stands and railway stations. Scattered incidents of violence and clashes were reported from multiple districts.Govt establishments, including the Secretariat, wore a deserted l ...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 >
Chandigarh, Jul 18 (PTI) Punjab Governor and Chandigarh Administrator Gulab Chand Kataria met several Union ministers in New Delhi since Thursday to discuss key development issues concerning the Union Territory and the state, an official statement said. On Friday, Kataria met Union Ministers Manohar Lal Khattar (Housing and Urban Affairs), Ashwini Vaishnaw (Railways), Gajendra Singh Shekhawat (Tourism) and Bhupender Yadav (Environment, Forest and Climate Change). Earlier, he had held talks with Civil Aviation Minister Kinjarapu Rammohan Naidu on improving airport connectivity. Also Read | La ...Read More >
New Delhi, Jun 27 (PTI) Delhi Chief Minister Rekha Gupta on Friday flagged off 105 new orange-coloured DEVI (Delhi EV Inter-connector) electric buses and inaugurated the newly built Sector A9 depot in Narela, calling it a step towards cleaner and more efficient public transport for the capital. Gupta said the depot was completed in just 90 days and claimed it reflects the BJP government's commitment to deliver on promises made to Delhi residents. She also attacked the previous Aam Aadmi Party (AAP) government, accusing it of pushing Delhi Transport Corporation (DTC) into losses and fostering ...Read More >
Chennai, June 30 (SocialNews.XYZ) Tamil Nadu Chief Minister M.K. Stalin on Monday flagged off Chennai's first fleet of low-floor electric buses from the Metropolitan Transport Corporation's (MTC) Vyasarpadi depot, marking a significant step towards greener urban transport in the city. A total of 120 electric buses, worth Rs 207.90 crore, have been introduced under the Chennai City Partnership Programme and Chennai Sustainable Urban Services Programme, with support from the World Bank and Asian Infrastructure Investment Bank. Inaugurating the upgraded electric bus depot at Vyasarpadi, develop ...Read More >
Thiruvananthapuram, Jul 8 (PTI) Kerala Transport Minister K B Ganesh Kumar said that state-run KSRTC buses would continue operating on Wednesday, despite central trade unions calling for a nationwide strike. Speaking to reporters, the minister said the Kerala State Road Transport Corporation (KSRTC) had not received any formal notice from trade unions indicating participation in the strike. "There is no situation in KSRTC at present that warrants employees joining the agitation," he said. "As far as KSRTC is concerned, employees are happy and content. The unions have not issued any notice. ...Read More >
Ludhiana: Several labour unions and employee federations in Ludhiana joined the 'Bharat Bandh', protesting the increasing contractualisation of jobs, the dilution of labour laws, and "anti-worker and pro-corporate" policies of the govt. They demanded the regularisation of contractual workers in the transport sector. Jagtar Singh, general secretary of the PRTC Contract Workers Union, said that PRTC and Punbus staff were observing a three-day strike, highlighting that nearly 7,000 employees in both services continued to work on a contractual basis and faced acute job insecurity. He urged the Pun ...Read More >
Pune: Perennial traffic snarls, waterlogged streets and crater-like potholes leading to a frustrating commute has become a daily reality for hundreds of IT professionals trying to get to and from their offices or homes in Hinjewadi -- especially amid rainy conditions.Crowned as Maharashtra's largest IT park, the Rajiv Gandhi Infotech Park in Hinjewadi has crumbled under the heavy downpour witnessed by the city late in May. Techies told TOI they have been taking two hours on average to finish a journey that usually requires 40 minutes. Many were even seen wading through water to get home after ...Read More >
New Delhi: Chief minister Rekha Gupta on Friday flagged off 100 Devi electric buses from the newly built Narela bus depot, with a striking change -- the colour has been changed from green to saffron. Traditionally, green signifies eco-friendly practices, and the colour switch has stirred up a debate. AAP Delhi convener Saurabh Bharadwaj said, "BJP wants to hurt Hindu sentiments by painting Devi buses saffron. Stains of vomit, paan, spit and mucus on buses will offend Hindu faith." Defending the move, Gupta said, "Delhi is vibrant and colourful...so, as an experiment, green and orange buses hav ...Read More >
Mysore/Mysuru: Amidst intense opposition from the business community and city planners, the State Government has decided to go ahead with the relocation of the KSRTC Sub-Urban Bus Stand from Bengaluru-Nilgiri Road to KSRTC-owned land in Bannimantap, where its depot currently functions. Traders fear the move will hurt foot traffic and sales in the heart of the city, while urban planners warn it could choke the already-congested Bengaluru-Mysuru Road. Despite these concerns, the Government has brushed aside all objections and is moving forward with the project. Chief Minister Siddaramaiah is s ...Read More >
Bengaluru, July 5 (SocialNews.XYZ) Bengaluru South MP and BJP Yuva Morcha National President Tejasvi Surya led a protest on Saturday demanding the completion of the Yellow Line Metro project in Bengaluru. Hundreds of residents, along with Bengaluru Central MP P. C. Mohan, BJP MLA Ravi Subramanya, and other party leaders, participated in the protest. Demonstrators held placards and raised slogans against the Bengaluru Metro Rail Corporation Limited (BMRCL). The placards read: "Enough of delays, give a final deadline for Yellow Line", "Yellow Line delayed, Bengaluru betrayed." Speaking at the ...Read More >
Thiruvananthapuram: Private buses have started their statewide token strike on Tuesday morning as operators have decided to protest against the government raising various demands. The strike is expected to disrupt normal life, particularly in remote areas of the state, where private buses are the primary mode of transportation. Meanwhile, KSRTC has announced that additional services will be operated to major locations, including airports, railway stations, and hospitals across the state. Manorama News reported that people are relying on KSRTC buses and autorickshaws due to the strike in vario ...Read More >
Thiruvananthapuram: The management of the Kerala State Road Transport Corporation (KSRTC) on Tuesday declared 'dies non' and directed its employees to report for duty on Wednesday, despite a Bharat Bandh call by trade unions. Employees who fail to report will forfeit a day's salary. The management has also declared that all the services of KSRTC will function as normal and has asked employees to report for duty. Earlier, Transport Minister KB Ganesh Kumar said that all KSRTC services would operate as usual on Wednesday despite the strike call by trade unions, including those affiliated with ...Read More >