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: A deputy secretary in the Union Finance Ministry was killed and three others, including his wife, were injured after a high-end SUV allegedly rammed his motorcycle near Delhi Cantonment Metro station on Ring Road on Sunday. The deceased was identified as Navjot Singh, deputy secretary in the Department of Economic Affairs, Union Finance Ministry, and a resident of Hari Nagar, police said. According to police, three PCR calls were received in the afternoon regarding a traffic jam near Metro Pillar 67 on the Dhaula Kuan-Delhi Cantonment stretch. A police team rushed to the spot and found the SUV overturned on the road and a motorcycle lying near the divider. Eyewitnesses told police that a woman was driving the SUV when it hit the motorcycle from behind. Singh, who was riding the bike, had his wife as a pillion. Both were rushed to a hospital in a taxi by the SUV driver and her husband, who was accompanying her. Police later confirmed that Singh succumbed to his injuries, while his wife remains under treatment. Sources said the couple was taken to a hospital in GTB Nagar, about 17 km from the accident site, instead of a nearby medical facility. The SUV driver and her husband, residents of Gurugram, also sustained injuries and were hospitalised. Their statements are yet to be recorded. "The SUV and motorcycle have been seized. A crime team and forensic experts examined the spot. An FIR is being registered and investigation is underway," a senior police officer said. Traffic movement on the stretch was disrupted for some time but was restored after the damaged vehicles were removed. Singh's son said his parents were returning home from Bangla Sahib Gurdwara after stopping at Karnataka Bhawan for food. "Instead of being taken to a nearby hospital, they were shifted nearly 22 km away. My mother suffered a head injury and a femur fracture despite wearing a helmet," he said. He alleged negligence at the hospital, claiming his mother was made to sit in the lobby despite serious injuries, while the SUV passenger, who was only slightly injured, received immediate care. "Because of this delay, my father was declared dead and my mother kept screaming in pain," he said. She was later shifted to Venkateshwara Hospital for better treatment. "The police are cooperating with us, but my mother, who is a teacher, is devastated," he added. Meanwhile, Central Secretariat Services Forum President Udit Arya expressed condolences on X, writing: "Heartfelt condolences to the family of Navjyot Singh sir, who tragically lost his life in the accident. @PMOIndia @DelhiPolice, please ensure a thorough investigation and justice for the bereaved family. May they find strength during this difficult time."
NEW DELHI: Centre is likely to build a new 6-7 km Metro line from Indraprastha station to North Block, connecting Bharat Mandapam, C Hexagon at India Gate, Kartavya Path, Central Secretariat, and the proposed Yuge Yugeen Bharat Museum at the North and South Blocks. The underground corridor will provide connectivity to all the 10 proposed govt buildings along the Kartavya Path and India Gate, Delhi's most popular tourist spots. Sources said the proposed stretch will be an extension of the 12.3 km Inderlok-Indraprastha Metro corridor (Green Line), which was approved by the Union cabinet in Mar ...Read More >
NOIDA: Two men were arrested late Wednesday for an alleged attempt to commit culpable homicide days after a viral video showed a 25-year-old man being hit by an SUV during a violent quarrel in Sector 53, Noida, on June 2, police said on Thursday. The purported video showed a black Mahindra Thar hitting the victim -- Saurabh Yadav -- from behind, flinging him into a roadside drain during a clash between two rival groups. HT, however, could not verify the authenticity of the video. Police identified the arrested suspects as Aman Awana, 29, and Akash Awana, 25, both residents of Sector 23, Noi ...Read More >
New Delhi, June 8: A nine-year-old girl was found stuffed in a suitcase at a neighbour's house in northeast Delhi's Dayalpur area, triggering protests by family members and locals who alleged sexual assault and murder of the minor. Police and paramilitary personnel have been deployed in the area to maintain law and order. Police sources said the perpetrator seems to have fled after stuffing her in a suitcase. Senior officials of the Delhi Police said all angles are being probed, including sexual assault. "We are awaiting the autopsy report to confirm the cause of death. Teams have been for ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...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 >
NEW DELHI: You can soon lend your bike to bike taxi operators and other app-based service providers and get paid for it. This follows the Ministry of Road Transport and Highways' (MoRTH) decision to revise the Motor Vehicles Aggregator Guidelines to allow the use of private (non-transport) motorcycles for passenger transport and hyperlocal deliveries through app-based aggregators. The move, announced on Tuesday, empowers state governments to permit private bike owners to operate as shared mobility service providers, essentially legalising the use of private bikes as bike taxis; a service tha ...Read More >
Surat: The Amroli police in Surat have launched an investigation into a puzzling incident where an accountant working with a diamond firm reported that four fingers of his left hand were mysteriously severed after he fell unconscious near the Variyav Bridge. According to Tarpara's statement, he had gone to meet a friend near Vedant Circle and stopped on his way home to relieve himself. He claimed he suddenly lost consciousness and woke up to find the fingers of his left hand missing on Sunday ni ...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 >
New Delhi: A 29-year-old woman was found murdered in a hotel room in central Delhi's Paharganj on Sunday.Police have arrested a man who has claimed to be in a relationship with the victim and checked into the hotel with her on Saturday.According to investigators, the accused suspected the woman was in a relationship with another person, which may have led to the crime.The deceased was identified as Sarika, while the accused, 31-year-old Sachin, was a resident of north Delhi. Both worked in a cloc ...Read More >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...Read More >
NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >
New Delhi: Nearly three weeks after businessman Arun Lohia was fatally shot inside his SUV near Chhatarpur Metro Station in South Delhi, two of the alleged shooters were injured and arrested during a police encounter on the Chirag Delhi-Khanpur stretch on Thursday. Investigations revealed that the killing stemmed from a land dispute. A third suspect was also taken into custody.According to police, the murder took place on May 15. The victim, Arun, a resident of Aya Nagar and owner of several local warehouses, was attacked around 1 pm while returning from Saket Court with his father, Rambir Loh ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...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 >
Mumbai/New Delhi: Shefali Jariwala, whose sizzling gyration and rebellious abandon in the music video of the remixed track 'Kaanta Laga' (original song from 'Samadhi', 1972) became a dance floor favourite, annoyed social conservatives and helped sell over a million cassettes, CDs and albums, passed away following a cardiac arrest on Friday night. She was 42.Jariwala was rushed to a private hospital close to her Andheri West residence by husband-actor Parag Tyagi, but was declared dead on arrival. "Her family told doctors she was unwell with acidity and had not eaten the entire day," a senior p ...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: The Housing and Urban Affairs Ministry is likely to build a 7-km underground metro corridor connecting key landmarks such as the new Common Central Secretariat, India Gate, Bharat Mandapam and the North and South blocks to the Indraprastha metro station, sources said on Tuesday. The Delhi Metro Rail Corporation (DMRC) has been asked to finalise the proposed alignment, they said, adding it will be an extension of the Inderlok-Indraprastha metro corridor that was approved by the Union Cabinet earlier this year. According to the plan, the proposed line will pass through the Kartavya P ...Read More >
Bengaluru: After facing roadblocks several times, Bengaluru's much-waited Namma Metro Yellow Line is all set to begin operations on January 6. Once operational, the metro line that connects RV Road to Bommasandra will be a crucial addition to the city's metro network as it links Electronics City, a hub for major companies like Infosys and Biocon. Confirming the updates, Lok Sabha MP from Bengaluru South Tejasvi Surya on Thursday said that the first train is ready and will be dispatched to Bengaluru in the first week of January. "We now have the first train ready to be dispatched to Bengaluru ...Read More >
LUCKNOW: Hours after the abduction and rape of a three-year-old girl sleeping with her mother under a bridge near Alambagh metro station, the accused was killed in an encounter with Lucknow police early Friday.The accused, identified as Deepak Verma, a habitual offender with multiple criminal cases lodged across city police stations, was traced through CCTV footage that captured him fleeing with the child on a white scooter around 3.30 am on Thursday.Deputy Commissioner of Police (Central Zone) Ashish Srivastava said multiple police teams were formed immediately after the incident, and a rewar ...Read More >
Hyderabad: The Hyderabad Traffic Police have announced the closure of the Tarnaka junction under the flyover starting Friday, June 6. This decision follows a trial reopening that began on April 18, aimed at easing vehicular movement between Osmania University and Lalapet. During the trial period, the traffic department conducted extensive studies including simulation and drone-based traffic monitoring, analysis of Google traffic data, adjustments of traffic signal timings, and a review of road engineering. Feedback from commuters was also collected to assess the impact. Also Read: HYDRA on t ...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 >
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 >
There were no external injuries on the body. New Delhi: A student has been found dead in his hostel room at IIT Delhi. The room was locked from the inside and there were no external injuries on his body.. Officials said they received a call at the Kishangarh police station on Wednesday about a student not opening the door of his hostel room despite repeated knocking. When they reached the premier institute, police officials found that the door was locked from the inside, and it was forced open ...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 >
Mumbai Rains: With local train delays and severe road congestion already troubling commuters, the situation has worsened as a section of the newly launched Mumbai Metro Line 3 has been temporarily suspended. Metro Line 3 will not be operational between Worli and Acharya Atre Chowk until further notice. The arrival of the Southwest Monsoon in Mumbai has brought with it chaos and disruption across the city. With local train delays and severe road congestion already troubling commuters, the situation has worsened as a section of the newly launched Mumbai Metro Line 3 has been temporarily suspend ...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, June 8 (SocialNews.XYZ) Chief Minister Devendra Fadnavis on Sunday debunked all allegations made by Congress leader Rahul Gandhi about rigging and match-fixing in the 2024 Maharashtra Assembly elections. In his articles titled 'Those Rejected by the People Deny the Mandate', published in the same three newspapers where Gandhi's write-ups appeared, CM Fadnavis advised the Congress MP to "accept defeat, introspect on where you went wrong, why your connect with the people is lacking, and what needs to be done." He taunted Gandhi, saying that the latter was preparing excuses for "defeats ...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 >
Bangalore (Karnataka) [India], November 26: As anyone who lives or works in Bangalore knows, navigating the city's busy streets or planning an outstation trip can be challenging. But thanks to GoCabxi, a new, customer-focused cab booking platform, travel within and beyond Bangalore has never been easier. From daily city commutes to weekend getaways, GoCabxi is changing how Bangaloreans experience travel, one trip at a time. Also Read | International Emmy Awards 2024 Winners: 'Drops of God', 'Division Palermo' and 'The Vow' Earn Major Honours! See the Full Winners List Here. Reliable Rides at ...Read More >
Chandigarh, June 27, 2025: TVS Motor Company (TVSM), a global leader in the two and three-wheeler segments, today unveiled the 2025 TVS Apache RTR 160. This new version is its boldest yet, featuring dual channel ABS for enhanced safety. The 2025 TVS Apache RTR 160 is OBD2B compliant and introduces dual channel ABS, delivering enhanced safety and control. The motorcycle offers best-in-class performance and precision handling, making it a true standout in its segment. Equipped with features that cater to the evolving demands of today's riders, the TVS Apache RTR 160 combines cutting-edge techno ...Read More >