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.
MUMBAI: The Mumbai unit of the Directorate of Revenue Intelligence (DRI) on Saturday seized 39.2 kilograms of hydroponic weed (cannabis) allegedly from two Indian passengers who arrived on a flight from Thailand at the Mumbai international airport. Hydroponic weed refers to the variety grown in nutrient/mineral-rich water, without soil. The agency arrested the two passengers and one of their associates, who was allegedly one of the supposed receivers of the contraband, agency officials said on S
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Pune (Maharashtra) [India], July 18 (ANI): The Directorate of Revenue Intelligence (DRI), Pune, has arrested a foreign national woman for allegedly smuggling crystal methamphetamine worth Rs 7.63 crore, officials said. The seizure was made following a meticulously planned operation based on specific intelligence inputs, they added. Also Read | US Designates Lashkar Proxy TRF As 'Foreign Terrorist Organisation': A Glance at How Terror Outfit Operates With Pakistan Army. According to a release, DRI Pune received a tip-off that a female foreign national would be travelling from Delhi to Bengal ...Read More >
Mumbai: The Mumbai Airport Customs in six separate cases between September 12-15 have seized hydroponic weed worth Rs 49.16 crore, recovered 68 dead and alive exotic wildlife animals and seized foreign currency worth around Rs 16 lakh. Four Passengers Arrested in Narcotics Cases According to the Customs sources four cases were related to the recovery and seizure of hydroponic weed. In the first case, on the basis of specific intelligence, the Customs officers at Chhatrapati Shivaji Maharaj International Airport (CSMIA), Mumbai, intercepted one passenger arriving from Tashkent. During the ex ...Read More >
Hyderabad, Jul 9 (PTI) A hotel entrepreneur was arrested here as part of a major crackdown on narcotics trafficking and consumption among urban social circuits, and 10 grams of cocaine along with other narcotic substances were seized from his possession, officials said on Wednesday. Based on specific intelligence inputs, a team from Cyberabad Narcotics Police Station intercepted a 34-year-old man, key peddler and consumer, near his restaurant in Kompally on July 7 while he was travelling in a car and upon a search 10 grams of cocaine, 3.2 grams of OG Kush (ganja), and 1.6 grams of Ecstasy pil ...Read More >
Hyderabad: Two persons, including a restaurant owner, were caught by anti-drug enforcement wing EAGLE at Kompally on Monday night. The restaurant owner was placed under arrest after a search of his vehicle yielded the possession of cocaine and other narcotic substances. Police said he was both a consumer and supplier, abusing drugs at prominent pubs in the city, and supplying the contraband to fitness enthusiasts, IT professionals and doctors among other high-profile clients.EAGLE officials said that Surya Annamaneni, a BTech-MBA graduate, was sourcing the drug from several peddlers, both Indi ...Read More >
COIMBATORE: The air intelligence unit (AIU) of the customs department seized 3.155 kg of hydroponic weed from a woman passenger who arrived at the Coimbatore International Airport from Bangkok in Thailand via Singapore on a Scoot Airlines flight on Friday night. The AIU received a tip-off about smuggling of hydroponic weed (ganja grown in a water-based and nutrient-rich solution, instead of in soil) to Coimbatore International Airport. The Scoot Airlines flight landed here around 11.16 pm, and AIU officers began checking the baggage of the passengers.A woman passenger hailing from Kerala had s ...Read More >
NEW DELHI: An alleged synthetic narcotics producer facing an Interpol Red Notice was deported to India from the UAE on Friday, in an operation coordinated by the CBI through Interpol and Mumbai police, officials said. Kubbawala Mustafa, the wanted drugs manufacturer, was brought from the UAE to Chhatrapati Shivaji Maharaj International Airport in Mumbai, escorted by a four-member team of state police. "The International Police Cooperation Unit (IPCU) of CBI in collaboration with NCB-Abu Dhabi successfully brought back wanted Red Notice subject Kubbawala Mustafa to India on Friday," a CBI spo ...Read More >
Agartala (Tripura) [India], July 18 (ANI): Government Railway Police (GRP) personnel at Agartala Railway Station recovered and seized 9.5 kg of dry ganja from the platform just before the departure of the Kanchenjunga Express during a routine security check conducted on Thursday. The ganja was seized from platform No. 1 towards the Jirania end. The contraband was discovered inside seven packets stored inside two bags, left unclaimed on the platform. Following all legal formalities, the ganja was officially seized as unclaimed property. The Agartala GRP Police Station has launched an investi ...Read More >
Mumbai, Jul 11 (PTI) Mumbai Customs has seized 33.35 kilograms of hydroponic weed valued at Rs 33.35 crore over three days, leading to the arrest of eight persons in six cases, officials have said. Hydroponic cultivation is the method of growing plants with mineral nutrient solutions in a water-based solvent rather than soil. Those arrested comprise seven passengers and a receiver responsible for collecting the contraband in one case, they said on Thursday. Since July 8, the Airport Commissionerate of Mumbai Customs has launched a special operation to crack down on drug trafficking by passe ...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 >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in a civil dispute between the parties by filing a first information report and seeking the help of the ...Read More >
Bengaluru (Karnataka) [India], July 19 (ANI): Acting on specific intelligence, officers of the Directorate of Revenue Intelligence (DRI) Bengaluru Zonal Unit intercepted an Indian male passenger with over 4 kg of cocaine worth Rs 40 crore. The accused, who arrived from Doha, was intercepted at Bengaluru International Airport in the early hours of Friday, according to a release from Ministry of Finance. Upon careful examination of his baggage, it was observed that the passenger was carrying two superhero comics/magazines, which were unusually heavy. The officers carefully recovered white powd ...Read More >
New Delhi, July 19 (PTI) The Regional Medical Research Centre in Bhubaneswar, under the Indian Council of Medical Research (ICMR), has developed an advanced malaria vaccine that can prevent plasmodium falciparum infection in individuals and minimise community transmission. The ICMR Delhi has invited Expressions of Interest (EoI) from eligible organisations, companies and manufacturers enthusiastic about the Transfer of Technology for commercial production of "a recombinant chimeric multi-stage malaria vaccine (AdFalciVax) against plasmodium falciparum". ...Read More >
Customs officials in Kerala are conducting raids at multiple locations, including the residences of actors Prithviraj and Dulquer Salmaan, as part of "Operation Numkhor." The operation investigates alleged tax evasion involving luxury vehicles imported from Bhutan using fraudulent registrations. Authorities are examining vehicle documents and have detected approximately 15 violations related to this scheme. Residences of Malayalam stars Prithviraj Sukumaran (Thevara) and Dulquer Salmaan (Panampi ...Read More >
New Delhi: Delhi Police on Thursday destroyed over 1,629.4 kg of seized illicit drugs valued at Rs 3,274.5 crore in the international market. The destruction marked the culmination of the Nasha Mukt Bharat Pakhwada (Drug-Free India Fortnight), observed from June 12 to June 26.The destruction of the narcotics was done at the Biotic Waste Solutions in Jahangirpuri and was attended by the lieutenant governor and top brass of Delhi Police. The contraband included 961.9 kg of ganja, 542.9 kg of cocain ...Read More >
* Six IT professionals were arrested in a raid at a farmhouse near Hyderabad * The farmhouse was booked by IT professional Abhijit Banerjee for a birthday party * Police found drugs and foreign liquor being consumed at the celebration Did our AI summary help? Let us know. Switch To Beeps Mode Six IT professionals have been arrested after drugs were recovered during a raid at a farmhouse near Hyderabad. The farmhouse in Telangana's Rangareddy district was booked by an IT professional named ...Read More >
Mumbai: The Customs at Chhatrapati Shivaji Maharaj International Airport, Mumbai, arrested one passenger who smuggled 14.738 kg of suspected hydroponic weed (marijuana) worth approximately Rs 14.73 crore in a sealed envelope bearing fake Ministry of External Affairs (MEA) markings and sealed with official MEA tape.Acting on specific intelligence, Customs officials intercepted a passenger who arrived from Bangkok. Upon examining his baggage, officials discovered the contraband cleverly concealed inside envelopes bearing fake Ministry of External Affairs (MEA) markings and sealed with counterfei ...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 >
Shillong, Aug 21 (PTI) Drugs worth more than Rs 412 crore have been seized in Meghalaya over the past five years and over a thousand people arrested in connection with trafficking, officials said on Thursday. Superintendent of Police (SP) in-charge of the Anti-Narcotics Task Force (ANTF) Giri Prasad said between 2020 and 2025, the force and state police seized 400,993 grams of heroin, 12,756 kg of marijuana, 2,79,636 kg of opium, 76 kg of yaba tablets, 14 kg of white crystal meth and 1,24,906 bottles of codeine cough syrup. Prasad said the seized drugs were valued at over Rs 412 crore and ne ...Read More >
COLOMBO (News 1st); An Indian national was arrested at the Bandaranaike International Airport (BIA) in Katunayake for attempting to smuggle a large quantity of Kush, a potent cannabis strain, into Sri Lanka. The arrest was made during a joint operation conducted by the Police Narcotics Bureau and Sri Lanka Customs. Authorities recovered 2 kilograms and 130 grams of Kush concealed in a false bottom of the suspect's travel bag. According to police, the estimated street value of the seized narcotics exceeds Rs. 20 million. The suspect, a 38-year-old Indian national, had arrived in Sri Lanka fr ...Read More >
Shimla (Himachal Pradesh) [India], July 12 (ANI): Himachal Pradesh's Revenue, Horticulture and Tribal Development Minister Jagat Singh Negi on Saturday underlined the state government's commitment to promoting the legal cultivation of cannabis (hemp) for medicinal and industrial purposes, emphasizing that 'drug-free cannabis can become a sustainable economic option for farmers, not a source of addiction.' Speaking to ANI a day after the seminar and exhibition at the historic Gaiety Theatre in Shimla, Negi said that the misconceptions about narcotics in industrial use need to be ended first. ...Read More >
Hyderabad: A coded WhatsApp message, "Bhai, baccha aa gaya", was all it took to alert consumers to collect ganja at the HDFC Bank branch in Gachibowli from a Maharashtra-based supplier. Acting on a tip-off, the EAGLE narcotics wing conducted a decoy operation on Saturday and caught 14 people red-handed as they tried to purchase the contraband. The accused include Naveen (31), an online trader; Ayush (22), a student; Nikhil (29), a racing engineer; Sindura (26), an architect; Hasan (34), a property manager; Kranti (28), an IT employee; Akhil (28), a dental technician; Shiva (32), a business re ...Read More >
Pune (Maharashtra) [India], July 18 (ANI): The Directorate of Revenue Intelligence (DRI), Pune, has arrested a foreign national woman for allegedly smuggling crystal methamphetamine worth Rs 7.63 crore, officials said. The seizure was made following a meticulously planned operation based on specific intelligence inputs, they added. According to a release, DRI Pune received a tip-off that a female foreign national would be travelling from Delhi to Bengaluru by bus, carrying psychotropic substances concealed in her luggage. Acting swiftly on this information, officers from DRI Pune Regional Un ...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 >
Mumbai Customs has arrested a traveller at the international airport here for allegedly trying to smuggle 15 kg of hydroponic weed with an estimated value of Rs 14.73 crore, officials said. The contraband was concealed in a packet labelled as 'Diplomatic Pouch of Ministry of External Affairs', officials said on Sunday. The traveller had landed at the Chhatrapati Shivaji Maharaj International Airport from Bangkok, an official said. "During the examination of his baggage, Customs officials recov ...Read More >
MUMBAI: The Mumbai unit of the Directorate of Revenue Intelligence (DRI) on Saturday seized 39.2 kilograms of hydroponic weed (cannabis) allegedly from two Indian passengers who arrived on a flight from Thailand at the Mumbai international airport. Hydroponic weed refers to the variety grown in nutrient/mineral-rich water, without soil. The agency arrested the two passengers and one of their associates, who was allegedly one of the supposed receivers of the contraband, agency officials said on Sunday. Based on specific intelligence, the DRI on Saturday intercepted two passengers arriving fro ...Read More >
Agartala (Tripura) [India], September 29 (ANI): In a significant strike against drug trafficking, Assam Rifles conducted a major operation in the Mohanpur area of Agartala, Tripura, successfully intercepting a large consignment of narcotics, as per the release. Acting on credible intelligence, troops swiftly intercepted a major consignment, foiling an attempt by miscreants to exploit the festive atmosphere of Durga Puja for smuggling contrabands into the state. Also Read | 'Her Mann Ki Baat': PM Narendra Modi Writes Foreword for Italian Counterpart Giorgia Meloni's Memoir 'I Am Giorgia' To B ...Read More >
Bengaluru: Intwo separate crackdowns, the Bengaluru Central Crime Branch (CCB) has arrested three Sri Lankan nationals for illegally staying in the city and busted a drug racket involving two foreign nationals among seven accused. According to police, three Sri Lankan citizens who had entered India illegally in 2024 were taken into custody from an apartment under Devanahalli police station limits. Investigations revealed that the accused had traveled from Jaffna by boat to Rameswaram, Tamil Nadu, and later reached Bengaluru with the help of another foreigner. For over a year, they had been r ...Read More >
Bengaluru: Home Minister G Parameshwara on Thursday urged students not to ruin their lives by getting addicted to drugs, as they have a bright future ahead. He was speaking after inaugurating the International Day Against Drug Abuse and Illicit Trafficking event organised by the Bengaluru City Police at the Kanteerava Stadium here. Over the past year, narcotics worth Rs 45 crore, including 4,000 kg of marijuana, have been seized, the minister said. Noting the involvement of foreign students in the drug trade, he said that more than 200 foreign nationals have been deported. Parameshwara stated ...Read More >
Mumbai, July 3 (SocialNews.XYZ) Maharashtra Chief Minister Devendra Fadnavis on Thursday said that hydro ganja is proving to be a big challenge for the government, and since it has been legalised in Thailand and America, cases of it being sent via parcel are increasing. He told the state council that the state has written to reduce the commercial quantity of drugs in the rules, which can lead to longer jail terms for the peddlers. "Hydro ganja is proving to be a challenge. Thailand and the US have made it legal. So, hydro ganja is being pushed into the country through courier services and ot ...Read More >