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.
Shimla (Himachal Pradesh) [India], September 15 (ANI): Himachal Pradesh continues to reel under heavy monsoon disruption, with the cumulative toll climbing to 404 since June 20 and road connectivity, power, and water supply severely impacted, according to the State Disaster Management Authority (SDMA). In its morning bulletin on Monday, the SDMA reported that 598 roads remain blocked across the state, including three national highways--NH-03, NH-305 and NH-503A. In addition, 500 power distribution transformers and 184 drinking water supply schemes have been crippled due to landslides, flash floods, and incessant rainfall. The authority said that of the total fatalities, 229 deaths were reported in rain-related incidents such as landslides, flash floods, drowning, and house collapses. Road accidents accounted for 175 deaths during the ongoing monsoon spell. District-wise, Mandi remains among the worst affected, with 201 roads obstructed and 314 power transformers disrupted. Kullu district reported 172 blocked roads, including the Manali-Atal Tunnel Rohtang road and the Anni-Jalori highway, where heavy vehicles continue to remain barred. Shimla reported 57 blocked roads and 49 water supply schemes rendered non-functional, disrupting access to drinking water in several rural belts. In the Una district, damage to the curtain walls of the Bhadsali bridge forced the closure of NH-503A, further affecting inter-district connectivity. The SDMA said restoration teams have been deployed on priority, but adverse weather conditions and recurring landslides are slowing clearance work in high-altitude and slide-prone zones. Officials said efforts are ongoing to restore power and water schemes in affected villages, while heavy machinery has been pressed into service to clear major highways. The authority has urged residents to avoid unnecessary travel in vulnerable districts such as Mandi, Kullu, and Shimla, warning of fresh disruptions due to continuing rainfall. Meanwhile, Union Minister of State for Road Transport and Highways Ajay Tamta on Sunday visited the flood-affected areas of Mandi and Kullu to assess the damage. During the Union Minister's visit, Jairam Thakur, the Leader of the Opposition in the Himachal Pradesh Legislative Assembly, was also present. "Union Minister Ajay Tamta visited Himachal Pradesh to assess the damage caused to the National Highway and also held a meeting with officials. Following Prime Minister Narendra Modi's visit to Himachal, it was decided that some central ministers would visit Himachal and evaluate the losses at the ground level," Jairam Thakur told ANI. "After the Prime Minister's visit, duties were assigned to 7 ministers... In this context, today's meeting was very significant. They have provided very good suggestions, for which I thank the Prime Minister. The report on the damages will be submitted by them (Ajay Tamta) to the central ministry and will also be presented in a high-level meeting. We also hope that the state government will soon complete the relief work," he added. (ANI)
IMPHAL, Nov 17: The NPP on Sunday withdrew support from the BJP-led Government in Manipur, even as violence continued to rock the state as offices of the Congress and the saffron party were ransacked in the hill district of Jiribam where an unidentified body was found earlier in the day, officials said. Follow the Daily Excelsior channel on WhatsApp A BJP MLA's ancestral house was vandalised in Imphal Valley while a building owned by Ashab Uddin, the Independent legislator of Jiribam, was ransacked, officials said. The incidents occurred a day after irate mobs set fire to the residences of ...Read More >
Mumbai (Maharashtra) [India], December 4 (ANI): BJP leader Devendra Fadnavis, Shiv Sena chief Eknath Shinde and NCP chief Ajit Pawar on Wednesday met Governor CP Radhakrishnan to stake claim to form the Mahayuti government. BJP's Central Observers for the state, Union Minister Nirmala Sitharaman and Vijay Rupani were also present at the meet. Also Read | Stock Market Today: Indian Stock Market Ends in Green, All Eyes on RBI's MPC Decision on Repo Rate. Fadnavis is scheduled to take oath as the Chief Minister on December 5 after being unanimously chosen as Leader of Maharashtra BJP Legislati ...Read More >
Hit by economic slowdown and poor infrastructure, industrialists from Jharkhand's key industrial districts -- East Singhbhum, West Singhbhum, and Seraikela-Kharsawan -- are looking to the newly formed state government for revival and support. The industrial zones of Adityapur, Gamharia, Kandra, and Chandil have been grappling with inadequate infrastructure, including poorly maintained roads, lack of bridges, erratic water supply, and unreliable power. Entrepreneurs in these regions hope the new administration will address these issues and work toward improving the state's industrial ecosystem ...Read More >
In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...Read More >
Traffic Diversions for oath-taking: The swearing-in ceremony of the new Maharashtra Chief Minister will be held at Azad Maidan in South Mumbai tomorrow, December 5. Mumbai Traffic Police has issued an advisory in view of the event. The traffic diversions will remain in place from 12 PM tomorrow till the end of the programme. Devendra Fadnavis was on Wednesday unanimously elected as Maharashtra BJP legislature party's leader, paving the way for his swearing-in as the chief minister for a third time. Prime Minister Narendra Modi and other BJP leaders are set to attend the grand swearing-in cerem ...Read More >
Hyderabad, December 4: After an earthquake of 5.3 magnitude hit the Mulugu district of Telangana on Wednesday morning, Dr Prakash Kumar, Director of CSIR-NGRI said that the state capital is generally considered as a stable and low-risk area for seismic activity, making an earthquake of this magnitude rare for the region. The official said that since Hyderabad is not in a major seismic zone, such an event may not pose immediate cause for alarm, but it is still valuable to monitor the scientific background behind it. Earthquake in Telangana: Quake of Magnitude 5.3 on Richter Scale Hits Mulugu, ...Read More >
Gurdaspur (Punjab) [India], December 4 (ANI): Jasmeet Kaur, wife of Narain Singh Chaura, who attempted to assassinate Sukhbir Singh Badal, condemned her husband's actions on Wednesday. She stated that her husband had informed her he was attending a "death anniversary programme" in Amritsar. "I didn't know what had happened until reporters came knocking at my door. Earlier, he had been lodged in jails in Amritsar, Ludhiana, and Gurdaspur," Kaur told reporters. "I don't think what he did was right," Kaur added. Narain Singh Chaura opened fire at Shiromani Akali Dal (SAD) leader Sukhbir Singh ...Read More >
Chandigarh [India], December 3 (ANI): Punjab Legislative Assembly Leader of Opposition and Congress leader Partap Singh Bajwa on Tuesday, slammed the BJP-led central government for neglecting the interests of farmers in Punjab and Haryana. Bajwa's scathing attack comes amidst growing discontent among farmers in the region, who feel their concerns have been ignored by the ruling party. "Ever since the BJP government has come to power, they have not taken a single decision that is in the interest of the farmers of India, especially the farmers of Punjab and Haryana. It is their fundamental rig ...Read More >
New Delhi [India], November 28 (ANI): India has expressed its concern over the escalating incidents of violence against Hindu minorities in Bangladesh and desecration, and damage to their places of worship, and has also called on the interim government there to ensure the safety of minorities. In a response to question asked by RJD MP AD Singh, Minister of State for Ministry of External Affairs, Kirit Vardhan Singh in a written reply to Rajya Sabha, stated that the "primary responsibility" for the protection of life and liberty of all citizens of Bangladesh, including minorities, "rests with ...Read More >
NEW DELHI: Prime Minister Narendra Modi's home state, Gujarat, has achieved remarkable success in implementing the PM Surya Ghar Muft Bijli Yojana, a flagship initiative aimed at promoting rooftop solar installations for residential users. Informing the Rajya Sabha on Tuesday, Union Minister for New and Renewable Energy and Power, Shripad Naik, stated that Gujarat has recorded the highest number of solar rooftop installations, followed by Maharashtra and Uttar Pradesh. The minister further revealed that a total of 1.45 crore registrations have been recorded across the country under the PM Su ...Read More >
Chief Minister Mohan Yadav has expressed his gratitude to Prime Minister Modi and the Union Cabinet for approving 3 multitracking projects of the Railway Ministry worth Rs 7 thousand 927 crore. Chief Minister Yadav said that the state is making rapid progress under the able leadership of Prime Minister Modi, due to the increasing network of railways in the state, and transportation for the people of the state has also become fast and easier. The people of the state are grateful to Prime Minister Narendra Modi and Railway Minister Ashwini Vaishnaw for the continuous new developments and contri ...Read More >
Bhubaneswar (Odisha) [India], December 3 (ANI): Producer Ektaa R Kapoor on Tuesday met with Odisha Chief Minister Charan Majhi in Bhubaneshwar. Visuals from the meeting surfaced online in which CM Mohan Charan Majhi and Ektaa could be seen exchanging warm pleasantries. Also Read | 'The Sabarmati Report': Union Home Minister Amit Shah Praises Vikrant Massey Starrer for Revealing the Truth Behind Godhra (View Post). Ektaa also visited Lingaraja Temple and offered prayers there. Notably, on Monday, Ektaa along with the team of 'The Sabarmati Report' attended a special screening of the film wi ...Read More >
A major portion of George Road in Thoothukudi has become a nightmare for drivers due to the presence of large potholes. This key stretch which has not undergone any restoration for several years has become a significant source of hardship for daily commuters. The road, which comes under the State Highways department, serves as one of the major connections between the Bypass and Beach Road. Bala, an autorickshaw driver, who has been driving on this stretch for over 15 years says, "The road has been in this poor condition for years as it is not frequently used by higher authorities." He added ...Read More >
Mumbai, Dec 3 (PTI) Maharashtra's caretaker Chief Minister Eknath Shinde on Tuesday visited a private hospital in Thane for a "check-up," two days before a new CM is sworn in at an open ground ceremony in south Mumbai. Even as it is not known yet who would take oath as chief minister at Azad Maidan on the evening of December 5, preparations are in full swing for the ceremony, to be attended by Prime Minister Narendra Modi, about 2,000 VVIPs and some 40,000 supporters. Shinde, who had been staying at his private residence in Thane for the last few days, visited the hospital in the morning. "I ...Read More >
Sambhal (Uttar Pradesh) [India], December 3 (ANI): Sambhal District Magistrate Rajendra Pensiya on Tuesday wrote to the officers of neighbouring districts--Bulandshahr, Amroha, Ghaziabad, and Gautam Buddha Nagar--requesting them to stop Lok Sabha Leader of Opposition Rahul Gandhi at their district borders. The Sambhal DM addressed the letter to the Police Commissioners of Gautam Buddha Nagar and Ghaziabad, along with the Superintendents of Police (SP) of Amroha and Bulandshahr. "On November 24, a remaining survey was conducted, following which members of the Muslim community staged massive p ...Read More >
Mumbai (Maharashtra) [India], December 4 (ANI): Bharatiya Janata Pary (BJP) leader Devendra Fadnavis said on Wednesday that Maharashtra Governor CP Radhakrishnan has invited the Mahayuti alliance to form the next government and the oath taking ceremony will take place tomorrow. Fadnavis said the Mahayuti leaders met the Governor and handed over letters of support. Also Read | Why Is Maharashtra Assembly Winter Session Held in Nagpur? Know History and Reason Behind Nagpur Being State's Winter Capital. Fadnavis along with Shiv Sena chief Eknath Shinde and NCP chief Ajit Pawar on Wednesday met ...Read More >
Guwahati, November 27 (IANS): Union Tourism and Culture Minister Gajendra Singh Shekhawat on Wednesday underscored the northeastern region's legacy, cultural diversity, and natural wealth emphasising its rich cuisine, crafts and biodiversity while inaugurating the 12th edition of the four-day long International Tourism Mart (ITM) in Assam's Kaziranga. Speaking on the occasion, the Union Minister said that the ITM is a remarkable opportunity for the northeast India to showcase its rich culture and diversity to the world, adding that the event also offers a platform for people from across the g ...Read More >
Bhubaneswar: Prime Minister Narendra Modi is scheduled to visit Odisha for three days, from November 29 to December 1, to attend the annual Director General of Police (DGP) conference in Bhubaneswar. Union home minister Amit Shah will accompany him at the event, which will be held at the convention hall of Odisha Lok Seva Bhawan (State Secretariat). PM Modi and Shah are expected to arrive in Bhubaneswar on Friday afternoon. Elaborate security arrangements have been made for the high-profile visit, with the city placed on high alert. Areas surrounding the event venues have been declared 'no-f ...Read More >
Dehradun: A person, who completes his age of 59 years and 6 months, can now apply for an old age pension on the social welfare department's pension portal. The applicants will start receiving pension from the end of the month in which he completes the age of 60 years following the approval of his application form. This is meant to ensure that the elderly people can get the benefits of old age pension on time. The department launched a campaign to identify the eligible person for the pension According to Secretary, Social Welfare Department, Neeraj Khairwal, his department launched a month-l ...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 >
The Huddle was a two-day conclave featuring thought leaders from the world of politics, business, academics, sports and the arts. This conclave saw Sri Lanka's the then leader of Opposition, Mahinda Rajapaksa, politicians Jairam Ramesh, Arif Mohammed Khan, tennis player Sania Mirza, the then Home Minister Rajnath Singh, among other leaders and academics share their ideas. Photo: MURALI KUMAR K A Mixed Legacy: The many facets of Indira Gandhi : Srinath Raghavan, Academic & Author, Jairam Ramesh, Economist & Politician, Shekhar Gupta, Journalist In conversation with Mini Kapoor, Ideas Editor, ...Read More >
New Delhi [India], December 3 (ANI): The Delhi High Court has issued a notice in response to a Public Interest Litigation (PIL) challenging the alleged unlawful construction of Urban Extension Road II through the village pond land in Goyla Khurd, located in the Southwest District of Delhi. The construction, which took place between 2018 and 2024, is visible in Google satellite images and raises concerns about the loss of natural resources crucial for environmental sustainability, especially as the city grapples with pollution, heatwaves, groundwater depletion, and climate change, plea stated ...Read More >
The Supreme Court has directed all states and union territories to form internal complaints committees in all government departments and undertakings by specific deadlines. This directive aims to ensure uniform compliance with the POSH Act across the country, highlighting lapses in its enforcement and mandating surveys and reports on adherence.With a view to ensure a nationwide compliance of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, the Supreme Court on Tuesday directed all states and union territories to constitute an internal complaints co ...Read More >
Hyderabad: Undeterred by the backlash over land acquisition for his Pharma Village project in Lagacherla, Telangana Chief Minister A Revanth Reddy has unveiled plans for another ambitious project -- the "Future City." He aims to acquire 30,000 acres of land to establish a world-class urban development that he claims will rival global cities like New York, Tokyo, and Singapore. Speaking at the MAUD Vijayotsavalu on Monday, Reddy revealed that 15,000 acres of land had already been identified in Mucherla, Begarikancha, and neighboring areas. He proposed using an additional 15,000 acres of forest ...Read More >
New Delhi [India], December 4 (ANI): Shiromani Akali Dal (SAD) leader Naresh Gujral dubbed the attack on party leader and former Chief Minister Sukhbir Singh Badal as an "attack by extremists on the moderate forces of Punjab" and called for a probe by the National Investigation Agency (NIA) into the matter. Speaking to ANI on Wednesday, the SAD leader also alleged that the attacker has 'Khalistani connections,' and that the incident was an attempt to "destabilise" Punjab. Also Read | Banda Road Accident: 12-Year-Old Among 3 Killed As Unidentified Vehicle Hits Auto-Rickshaw in Uttar Pradesh. ...Read More >
Agartala (Tripura) [India], December 4 (ANI): In light of the ongoing unrest and volatility in Bangladesh, the Border Security Force (BSF) has heightened security measures along the Indo-Bangla border. The precautionary step comes as a response to the recent escalation in tension following incidents of violence and instability in Bangladesh. Also Read | Naresh Balyan in Trouble: Delhi Police Seeks Arrest of AAP MLA in Fresh Case, Moves Court. The situation was further aggravated by an incident on December 2 at the office of the Bangladesh Assistant High Commission in Agartala, which has int ...Read More >
New Delhi, Dec 4 (PTI) Aviation watchdog DGCA will soon come out with streamlined regulations for wet-leasing of planes by Indian airlines that will also entail enhanced oversight of the aircraft, amid airlines looking to operate more planes to meet rising travel demand. With persisting supply chain woes, there is a delay in aircraft deliveries and to meet the near-term needs, carriers are opting for planes on dry and wet leases. Also Read | ISRO PROBA-3 Mission Launch Delayed: Indian Space Agency Reschedules Launch of PSLV-C59 After Detecting 'Anomaly'. A senior official in the know told P ...Read More >
Andhra Pradesh is reviewing government files and will explore if it is possible to cancel a power supply contract linked to the Adani Group, whose billionaire founder has been indicted in the United States, a top official told Reuters. U.S. authorities have charged Gautam Adani and seven others with agreeing to pay bribes of $265 million to unnamed Central government officials to obtain solar power-supply contracts in Odisha, Tamil Nadu, Chhattisgarh, Andhra Pradesh and the federal territory of Jammu and Kashmir, between 2021 and 2022. Also read: Fitch takes negative rating actions on Adani ...Read More >
New Delhi [India], November 27 (ANI): Indian Railways is advancing the electrification of Broad Gauge railway lines at a mission-driven pace, achieving approximately 97 per cent electrification of its total Broad Gauge network, Union Minister of Railways, Information and Broadcasting, and Electronics & Information Technology, Ashwini Vaishnaw stated in a written reply in the Lok Sabha. Vaishnaw noted that around 45,200 route kilometres of the Broad Gauge network have been electrified since 2014-15. He highlighted a significant increase in the pace of electrification, from approximately 1.42 k ...Read More >
Guwahati: Assam chief minister Himanta Biswa Sarma met key Central ministers in New Delhi and invited them to the upcoming Advantage Assam Summit in Guwahati in February next year. Sarma met Union Minister for Development of North Eastern Region (DoNER), Jyotiraditya M.Scindia at his official residence here on Tuesday. In course of the meeting that lasted for close to 30 minutes, Sarma extended invitation to Union Minister Scindia to attend the upcoming Advantage Assam Summit in Guwahati in February next year. Praising Union Minister Scindia for organising the Ashtalakshmi Mahotsav in Delhi ...Read More >