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.
BENGALURU: "We are not persuade to accept the arguments that an invitation to a person of different faith violate constitutional or legal right," the Karnataka High Court said while pronouncing its operative portion of the order on Monday while dismissing three public interest litigations filed by former MP Prathap Simha and two others against extending invitation to Booker awardee Banu Mustaq to inaugurate Dasara. A division bench comprising Chief Justice Vibhu Bakhru and Justice C.M. Joshi passed the order after hearing the arguments of the counsels of the petitioners and the state government. The petitions were filed by Pratap Simha, a former Member of Parliament from Mysuru, Girish Kumar T and Sowmya R from Bengaluru and H.S. Gaurav from Bengaluru.
Congress MP Ranjeet Ranjan has called for the replacement of Electronic Voting Machines (EVMs) with ballot papers, citing concerns over the legitimacy of election results. Ranjan raised doubts about the EVM's accuracy, suggesting that the results may be influenced and advocating for a ballot paper system like many other countries. Congress President Mallikarjun Kharge also echoed similar sentiments, accusing EVMs of wasting votes from marginalized communities. This comes after the Congress' defeat in the Maharashtra Assembly election. The Supreme Court, however, dismissed a petition seeking th ...Read More >
New Delhi, Dec 17 (PTI) Congress MP Shashi Tharoor on Tuesday hit out at the government, saying voting at the introduction stage of two bills on simultaneous elections in the Lok Sabha showed the BJP did not have the two-third majority required to pass a constitutional amendment. Two bills that lay down the mechanism to hold simultaneous elections were introduced in the Lok Sabha after a fiery debate on Tuesday. Opposition parties dubbed the draft laws -- a Constitution amendment bill and an ordinary bill -- as an attack on the federal structure, a charge rejected by the government. "We (th ...Read More >
Bengaluru, June 5 (PTI) In a major development, Karnataka Chief Minister Siddaramaiah on Thursday suspended Bengaluru police commissioner B Dayananda and several other senior police officials in connection with the stampede outside the Chinnaswamy Stadium that killed 11 people. He also ordered the arrest of representatives of the RCB team, the event management firm DNA Entertainment Private Limited, and the Karnataka State Cricket Association (KSCA), hours after an FIR was registered against them under various charges, including culpable homicide not amounting to murder. The state government ...Read More >
BENGALURU: Marketing and Revenue Head of the Royal Challengers Bengaluru (RCB), Nikhil Sosale, on Friday approached Karnataka High Court challenging his arrest in connection with the stampede at Bengaluru's M Chinnaswamy Stadium during the RCB's victory celebration. Sosale was arrested by the Bengaluru Police in the early hours of June 6 (Friday). He has contended that the arrest was illegal, arbitrary and not in accordance with the law. He claimed that he was arrested without any materials and even before the police had conducted a preliminary enquiry. He has thus sought to declare his arr ...Read More >
Assam Beef Ban: A political row has erupted over the Assam government's decision to ban the public consumption of beef in the state with the Opposition labelling it "against the right to freedom" while the ruling BJP lauding the state Cabinet's call. Assam Chief Minister Himanta Biswa Sarma had announced on Wednesday that his government has decided to ban the consumption of beef in restaurants, hotels and public places, drawing sharp reactions from the Opposition. Samajwadi Party MP Iqra Hasan ...Read More >
New Delhi: Observing that "criminalisation of politics is a very major issue", the Supreme Court on Monday asked the Centre and Election Commission of India (ECI) to respond to a PIL challenging election of convicted persons as MPs/MLAs. The development took place during the resumed hearing of a plea filed by advocate Ashwini Upadhyay, seeking lifelong disqualification of MPs and MLAs convicted of criminal offences. The PIL has challenged provisions of the Representation of the People Act (RPA) that bar convicted politicians from contesting polls for six years after serving jail terms. A be ...Read More >
New Delhi, Nov 26: The Supreme Court on Tuesday dismissed a public interest litigation (PIL) seeking directions to the Election Commission of India (ECI) to introduce ballot paper in place of EVMs (Electronic Voting Machines). A bench of Justices Vikram Nath and P.B. Varale rejected the prayer to return to the ballot system due to the alleged manipulability of EVMs. "When you lose, EVMs are tampered with; when you win, EVMs are fine," remarked the apex court, when the petitioner referred to the statements made by Andhra Pradesh Chief Minister Chandrababu Naidu and his predecessor Jagan Mohan ...Read More >
Bengaluru: A internal fight is going on in Karnataka BJP between Basanagouda Patil Yatnal and state president BY Vijayendra faction, and Vijayendra's close associates are insisting on Yatnal's expulsion. On Saturday, Renukacharya's team said that evil will be destroyed in the presence of Chamundi. Now, a group of former MLAs visited Yediyurappa's residence in Dollars Colony in Bengaluru in the early hours of the morning and held an important meeting. Renukacharya's team is insisting on Yatnal's expulsion. Speaking to reporters after the meeting with Yediyurappa, MP Renukacharya said, "Where i ...Read More >
The Supreme Court halted new temple-mosque legal battles. The court will review the 1991 law impacting religious site status. This law froze the status of religious sites as of August 15, 1947. Several cases, including Gyanvapi and Shahi Idgah, challenge this law. The law's validity is being questioned. The court's decision impacts ongoing and future disputes.In its ruling on the keenly-watched Place of Worship Act case, the Supreme Court said on December 12 that no new Mandir-Masjid suits are to ...Read More >
New Delhi: In a significant ruling, the Supreme Court has directed that no new lawsuits related to places of worship (temples, mosques, or shrines) can be filed until further notice. This decision was made during the ongoing hearing of petitions challenging the Places of Worship (Special Provisions) Act, 1991. The ruling prohibits the lower courts from issuing any survey orders or interim orders that might alter the status or nature of any religious site. The bench, comprising Chief Justice Sanjiv Khanna, Justice Sanjay Kumar, and Justice K.V. Vishwanathan, issued this order while hearing sev ...Read More >
Guwahati, Jan 31 (PTI) The Gauhati High Court has issued notices to the Assam government and its various departments over rampant rat-hole coal mining and asked them to furnish what steps they have taken to stop the unlawful activity. Taking suo motu cognizance of the Dima Hasao coal mining tragedy, the high court registered a public interest litigation on Monday and issued notices the next day to seven government departments, including the office of the chief secretary. "The court has taken note of various reports which suggest that around more than 200 rat-hole mines are in operation in Um ...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 >
Bengaluru (Karnataka) [India], June 5 (ANI): A day after the tragic stampede during the IPL victory celebration event of the Royal Challengers Bengaluru (RCB) in Bengaluru that left 11 dead and dozens injured, Karnataka Chief Minister Siddaramaiah on Thursday said that a one-member commission has been formed to probe the incident. CM Siddaramaiah also announced that the state government has decided to suspend top police department officials, including the Commissioner of Bengaluru City Police. Speaking to the media, the Karnataka CM stated, 'Under the chairmanship of Justice Michael D'Cunha, ...Read More >
Bengaluru (Karnataka) [India], June 6 (ANI): Venu, one of the injured in the stampede that took place outside the Chinnaswamy Stadium in Bengaluru on June 4, is undergoing treatment at a hospital, recounted the tragedy that left eleven people dead and many more injured. The incident occurred when a massive crowd of fans gathered to greet the Royal Challengers Bengaluru (RCB) after they had won the IPL. 'We went to watch the event near gate no. 6 around 3:30 pm yesterday. The barricade fell and caused injury to me. I received a fracture. I'm better now, but I can't walk. Three of us went ther ...Read More >
New Delhi, January 27: The Supreme Court has upheld an order passed by the apex court registry in August 2024 refusing to admit a lawyer's application seeking direction to SEBI to submit its conclusive probe report into the Adani-Hindenburg controversy. Advocate Vishal Tiwari had moved an appeal against the order passed by the Registrar on August 5 last year. Earlier on July 15, 2024, the top court had dismissed a review petition filed against its earlier verdict refusing to form any SIT or group of experts to conduct an investigation. After perusing the review petition, a bench, headed by th ...Read More >
Bengaluru stampede: Coming down heavily on lax policing in the aftermath of the stampede that took place during the Royal Challengers Bengaluru (RCB) victory parade, Karnataka CM Siddaramaiah on Thursday suspended senior Bengaluru police officers including city Police Commissioner 'with immediate effect'. Informing of the steps taken after 11 people were killed in the stampede on Wednesday, the chief minister said, "Cubbon Park Police Station Police Inspector, Station House Master, Station House Officer, ACP, Central Division DCP, Cricket Stadium in-charge, Additional Commissioner of Police, ...Read More >
Following a stampede at an IPL victory celebration in Bengaluru that resulted in 11 fatalities, Karnataka Chief Minister Siddaramaiah has suspended several top police officials for negligence. A judicial inquiry, led by Justice John Michael D'Cunha, will investigate the incident, along with a CID probe into RCB, KSCA, and DNA Entertainment Networks.Karnataka Chief Minister Siddaramaiah on Thursday announced the suspension of Bengaluru City Police Commissioner B Dayanand, Additional Commissioner ( ...Read More >
Karnataka Deputy Chief Minister D K Shivakumar expressed grief over the stampede near Chinnaswamy Stadium, lamenting the loss of lives and the damage to Bengaluru's reputation. He dismissed opposition allegations and accusations of playing politics, emphasizing the government's responsibility.Karnataka Deputy Chief Minister D K Shivakumar on Thursday turned emotional over the loss of lives due to the stampede near the Chinnaswamy Stadium and said that Bengaluru has lost its image due to the incid ...Read More >
Bhopal, Dec 18 (PTI) Congress MLAs demonstrated on Wednesday in the Madhya Pradesh assembly premises by holding kettles and tea cups alleging rising unemployment in the state. The MLAs held placards accusing the state government of forcing youngsters to sell tea by depriving them of jobs. Also Read | 'Mukadma, Mulzim, Ilzam, Ittila, Chashmdeed': BJP Government in Rajasthan To Replace Urdu Terms in Policing With Hindi Words. "Unemployment is growing in MP. Youths will have no option but to sell tea in such a situation," the leader of the opposition Umang Singhar, who led the protest on the t ...Read More >
Bengaluru (Karnataka) [India], June 5 (ANI): The Karnataka High Court on Thursday issued a notice to the state government over the stampede incident near the Chinnaswamy Stadium that claimed the lives of 11 people and left several injured. The High Court took suo motu cognisance of the incident and asked for a further status report. 'News items have been published in various newspapers, narrating the tragedy that happened when 11 persons died and 75 were injured during the course of the victory celebration of RCB. This court is taking cognisance of the incident,' the High Court said. 'Senio ...Read More >
Bhubaneswar (Odisha) [India], June 5 (ANI): Biju Janata Dal (BJD) MP Muzibulla Khan on Thursday demanded an inquiry into the Bengaluru stampede that claimed 11 lives. Muzibulla Khan said, 'The incident in Bangalore is very tragic. I wish to express my condolences to the family members. In such public events, a lot of precautions should be taken. I wish to demand an inquiry into the reason for lapses and what led to the stampede, and whoever is guilty should be punished.' He further said, 'A lesson should be learnt from this incident that there should be some guidelines to control the crowd.' ...Read More >
Karnataka State Cricket Association (KSCA) President Raghu Ram Bhat and a few other office bearers moved the Karnataka High Court on Friday seeking to quash the FIR filed against them in the Chinnaswamy stadium stampede case. Police on Thursday registered an FIR against RCB, event management firm DNA entertainment private limited, and Karnataka State Cricket Association (KSCA). Karnataka Chief Minister Siddarmaiah too on Thursday had instructed the state DGP and IGP to immediately arrest the re ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
(The Hindu) - Chief Justice of India BR Gavai has said that he and his colleagues in the Supreme Court have publicly pledged to not undermine the public's trust in judicial integrity by accepting post-retirement roles or positions from the government. Speaking at a roundtable discussion at the Supreme Court of the United Kingdom, CJI Gavai observed that post-retirement posts that align former judges completely with the government of the day "can create a perception that judicial decisions were influenced by expectations of future political or governmental roles", LiveLaw reported. CJI Gavai ...Read More >
The West Bengal Health Department on Monday (January 13, 2024) admitted to a lapse and said that they will take strict action against anyone found guilty in the administration of expired saline at Medinipur Medical College and Hospital. The government has roped in the Criminal Investigation Department (CID) to probe the "lapse" which led to one woman's death and three others remained critical. Five women were administered Ringer's Lactate (RL) on the Intravenous (IV) fluid which had allegedly expired. All of them fell critically ill and one of them died after delivering a baby. Three of the ...Read More >
Kolkata, May 23 (SocialNews.XYZ) A single-judge bench of the Calcutta High Court, on Friday, barred the Bidhannagar Police from taking any coercive action, including arrest, against "untainted" or "genuine" teachers who have been named in FIRs for protesting in front of the state education department headquarters. The teachers have been protesting after losing their jobs following a Supreme Court order last month. These teachers, both in secondary and higher secondary sections, have been protesting in front of the state education department headquarters, demanding immediate publication of th ...Read More >
New Delhi: The BJP on Thursday demanded the resignation of Karnataka Chief Minister Siddaramaiah and his deputy DK Shivakumar, alleging that the "mutual fight and rift" between the two led to the state "government-manufactured stampede". Eleven people died and 33 were injured in the stampede near the Chinnaswamy Stadium in Bengaluru as thousands of fans gathered to catch a glimpse of the RCB team after its first-ever IPL win. BJP MP and national spokesperson Sambit Patra alleged that the "mutual fight and rift" between Siddaramaiah and Shivakumar led to the state "government-manufactured sta ...Read More >
New Delhi [India], December 3 (ANI): Congress MP Priyanka Gandhi Vadra on Tuesday expressed her sorrow over the havoc wreaked by Cyclone Fengal in south India including Tamil Nadu and Puducherry. Offering her condolences to those who lost their loved ones, Vadra appealed to the Congress workers to work with the administration in relief work amid the crisis. "Deeply saddened by the devastation caused by Cyclone Fengal in Tamil Nadu and Puducherry. My prayers are with those who have lost loved ones and those facing immense loss and hardship. I appeal to all Congress workers to join hands with ...Read More >
NEW DELHI: Railway minister Ashwini Vaishnaw on Wednesday suggested that Congress MP Shashi Tharoor should consider sitting on a dharna to push for land acquisition for the Nemom railway terminal project in Thiruvananthapuram. Vaishnaw's comment came in response to Tharoor's concerns about delays and inadequate funding for the project, which aims to ease congestion on the railway line leading to Thiruvananthapuram Central. During the Question Hour, Tharoor, who represents Thiruvananthapuram, expressed frustration over the stalled project, highlighting that only Rs 7 crore had been released o ...Read More >
Leader of Opposition in the Lok Sabha Rahul Gandhi is expected to visit Hathras on Thursday to meet the family of a Dalit woman who had died allegedly after gangrape in September 2020, Congress members said. Police stepped up the deployment of personnel in and around Bool Garhi village in the Chandpa area of Hathras in light of the expected visit of the opposition leader. Uttar Pradesh Congress chief Ajay Rai in Lucknow confirmed that Rahul Gandhi would be visiting the family in Bool Garhi, Hat ...Read More >