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: As the city of Mumbai and suburban areas continue to face intense weather, significant rainfall overnight has led airlines and the Mumbai Police to issue urgent travel alerts. The India Meteorological Department (IMD) has released red nowcast alerts for Mumbai, Thane, and Raigad districts, predicting heavy rainfall, thunderstorms, and gusty winds. More than 100 mm of rainfall was noted at the Colaba observatory, resulting in water accumulation, road closures, and warnings for coastal and low-lying regions. An orange alert has been raised from yellow, indicating continuous rain. Airlines, such as IndiGo, are informing travelers to anticipate delays and verify flight statuses, especially since roads leading to Chhatrapati Shivaji Maharaj International Airport are impacted by waterlogged conditions. The Mumbai Traffic Police have changed routes because of flooding; key subways and underpasses, such as the Andheri subway, are shut down, leading to significant traffic jams in affected regions. Authorities have additionally urged residents to steer clear of coastal and low-lying regions, reminding them to contact emergency services if necessary. The Brihanmumbai Municipal Corporation (BMC) has informed about the top 10 places in Mumbai with the record of highest rainfall from September 15 from midnight to 8 AM. Pali Chimbai, Bandra saw 176 mm, recording maximum rain while Worli Fire Station recorded 170 mm, and Adarsh Nagar in Worli was at 168 mm. Ari Tank in Bandra recorded 158 mm of rainfall while Bandra Fire Station and Frosberry Reservoir recorded 167 mm. Dadar Fire Station recorded 160 mm, Colaba Fire Station had 159 mm rain. The lowest rainfall in Mumbai was recorded in Khar Danda, Pali Hill and A Ward Office at 148 mm and 137 mm, respectively. Apart from Mumbai, Pune is also facing challenging weather conditions, leading to delays in flights and problems with visibility. The IMD has issued an orange alert for Pune, predicting comparable thunderstorms and increasing rainfall, with certain regions of Maharashtra, such as Raigad and Satara, being monitored. Travellers are advised to prepare in advance, stay updated on travel information, steer clear of identified danger zones, and stay inside until conditions get better.
Mumbai, Jun 6 (PTI) The Enforcement Directorate on Friday conducted searches at the premises of actor Dino Morea and some others in Maharashtra apart from some locations in Kerala as part of a money laundering investigation linked to the Mithi river desilting "scam", official sources said. The fraud is alleged to have caused a Rs 65 crore loss to the Brihanmumbai Municipal Corporation (BMC). The raids are covering more than 15 premises located in Mumbai and Kochi. This includes the premises of Morea, his brother, contractors and some others, the sources said. The investigation is being cond ...Read More >
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 >
Patna: With water levels already fluctuating in key rivers and forecasts warning of heavy rain upstream in Nepal, Bihar is on alert for potential flood-like conditions in the Kosi and Gandak basins starting Friday. Officials have warned that the situation could worsen quickly, especially as the region heads into a wetter-than-average monsoon season.On Thursday afternoon, water discharge through the Birpur barrage on the Kosi stood at 78,660 cusecs, a drop from 87,140 cusecs on Wednesday and 1.04 lakh cusecs on Tuesday, indicating unstable flow patterns. The Gandak, too, has seen considerable v ...Read More >
Kangra (Himachal Pradesh) [India], June 26 (ANI): Following heavy rainfall and a cloudburst in Dharamshala, flash floods swept through the Manuni river area, impacting a local hydropower project and leaving several workers missing, officials said on Thursday. According to an Additional District Magistrate (ADM), Shilpi Beakta, Rescue teams have so far recovered multiple bodies and managed to save one person alive. Also Read | 8th Pay Commission To Triple Medical Allowance and Raise Minimum Salary to INR 27,000? Check Details. "Yesterday at around 4.30, a video circulated and we received a m ...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 >
Mumbai: The death toll in Monday's BEST bus crash rose to seven and the number of injured to 42 even as the driver, Sanjay More, booked for culpable homicide not amounting to murder, claimed he had noticed a spark and mistakenly accelerated the bus instead of applying brakes. Seeking More's custody, police said they want to investigate if he intentionally used the vehicle as a weapon. The bus on Route 332 had accelerated on a congested 200m stretch near Kurla station hitting vehicles and pedestr ...Read More >
Bengaluru, Dec 12 (PTI) Rains lashed Bengaluru and parts of the south interior and coastal districts of Karnataka, causing traffic congestion on Thursday, officials said. For the next 24 hours, Bengaluru city and neighbourhood areas are likely to witness a generally cloudy sky with moderate rain likely in some areas, they said. In a statement, the India Meteorological Department (IMD) attributed the weather to a well marked low pressure area over Gulf of Mannar and neighbourhood with the associated upper air cyclonic circulation extending up to midtropospheric levels persists. The system is ...Read More >
Uttarakhand (Dehradun) [India], May 19 (ANI): The Indian Meteorological Department (IMD) has issued an orange alert for heavy rain in the hilly districts of Uttarakhand, effective today and tomorrow. In light of this warning, the Uttarakhand Police have issued a safety advisory for pilgrims undertaking the Chardham Yatra. Pilgrims are advised to exercise caution while travelling, consider the weather conditions, and call 112 in case of any emergency." Authorities are working to ensure public safety and minimise disruptions," said the police authorities. In light of the forecast, the Uttarakh ...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 >
Aizawl, June 2 (SocialNews.XYZ) All the government and private schools in Mizoram remained closed on Monday due to heavy rains that triggered landslides, rockfalls, and waterlogging in different parts of the mountainous state, officials said. A senior official of the School Education Department said that Deputy Commissioners of all 11 districts issued separate notifications closing the schools on Monday as a precautionary measure to ensure the safety of the students. After the beginning of the current spell of heavy rain, earlier, schools were closed across the state for two days on May 29 a ...Read More >
Itanagar, Jun 7 (PTI) The flood situation in Arunachal Pradesh improved on Saturday with water levels of most rivers receding, even as 33,000 people in 24 districts remained affected, officials said. Twelve people lost their lives and one person went missing in rain-related incidents, including landslides, after the monsoon set in, they said. In its daily report, the State Emergency Operation Centre (SEOC) said 33,200 people in 215 villages remained affected due to floods and landslides in the state. The water levels of most major rivers and their tributaries were showing a receding trend o ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
Ludhiana, Jun 8 (PTI) Punjab Congress president Amrinder Singh Raja Warring on Sunday asserted that his party will win the Ludhiana West assembly bypoll, scheduled to be held on june 19, with a "record margin". "Congress practically has no competition here", he claimed. Warring, who is also the Ludhiana MP, said that the ruling Aam Aadmi Party (AAP) was badly mistaken that the Congress would allow it to abuse power and misuse the official machinery for the elections. "First of all, we will not let any misuse of the official machinery and second, in case any official is found to be misusing ...Read More >
The National Disaster Response Force (NDRF) has deployed 18 teams across Maharashtra for rapid rescue and relief operations, as the India Meteorological Department (IMD) has predicted above-normal monsoon rainfall this year, with urban areas like Mumbai already showing signs of strain, Mid-day reported. Between May 25 and 26, NDRF teams responded to emergencies in Pune, Solapur, and Satara. While local agencies managed to rescue nine people in Baramati and Indapur, NDRF teams were redirected to Phaltan in Satara and Kurubavi in Solapur. In Solapur, a team carried out a midnight rescue operati ...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 >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
Mumbai weather: The city witnessed cloudy skies and scattered showers on Saturday, prompting the India Meteorological Department (IMD) to issue a red alert (extremely heavy rainfall) for three hours in the afternoon. The alert, which was announced at 3pm, was later downgraded to yellow (moderate to heavy rain) as rainfall remained marginal across the city. The yellow alert remained in place until 8:30am on Sunday. According to the IMD, the temporary escalation of the alert was due to a trough extending across Karnataka and Vidarbha. The interaction between moist and dry winds created conditio ...Read More >
Mumbai: The Enforcement Directorate (ED) has summoned Bollywood actor Dino Morea and asked him to appear next week. He has been summoned in connection with the Rs 65 crore Mithi river desilting case, ED officials said. On Friday, the Enforcement Directorate (ED) conducted raids at fifteen locations in the Mithi river desilting case, including at actor Dino Morea's home in Mumbai. The raid comes days after the actor appeared before the Mumbai Police for questioning in a corruption case. His brot ...Read More >
Bengaluru: The city is set to experience light rainfall on Sunday, June 8, 2025. Cloudy skies are also expected in the city which is expected to remain the same throughout the day. The city woke up at 05: 53 AM. The minimum and maximum temperatures are expected to range from 21 degrees Celsius and 31 degrees Celsius, respectively. The city is expected to witness the sunset at 06: 45 PM. The residents will not get respite from the humidity and it is likely to be around 73 per cent. KSNDMC shared a weather report on X Karnataka State Natural Disaster Monitoring Centre (KSNDMC) shared a weathe ...Read More >
Heavy rains across Tamil Nadu have led to school closures in several districts, including Chennai, on Thursday. The India Meteorological Department (IMD) has issued a yellow alert, predicting moderate rains and light thunderstorms in parts of the state. Rainfall figures show significant precipitation in multiple areas. Meanwhile, Northern India braces for a cold wave beginning December 9, with the IMD forecasting plunging temperatures in Rajasthan, Punjab, Haryana, and Uttar Pradesh.Schools acros ...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 >
UP School holiday: Due to cold waves and low temperatures, schools in several districts of Uttar Pradesh remain closed. Authorities are closely monitoring the weather to make decisions about reopening. In some areas, the weather is still unfavorable, allowing students to enjoy holidays until January 25, 2025. As per orders from District Magistrate Chandra Vijay Singh, all schools in Ayodhya for classes up to 5 will remain closed until January 25, 2025. Students from classes 6 to 12 must attend classes from 10:00 AM to 3:00 PM. This order applies to aided, recognized, and schools of all boards ...Read More >
Mumbai, Jun 6 (PTI) The Enforcement Directorate on Friday conducted searches in Maharashtra and Kerala as part of a money laundering investigation linked to the Mithi river desilting "scam" that is alleged to have caused a Rs 65 crore loss to the BMC, official sources said. The raids are covering more than 15 premises located in Mumbai and Kochi. The investigation is being conducted under the Prevention of Money Laundering Act (PMLA), the sources said. The ED case against certain officials of the Brihanmumbai Municipal Corporation (BMC) and some others stems from a Mumbai Police economic off ...Read More >
MahaRERA has so far issued 1,163 warrants worth ₹705.62 crore involving 442 real estate projects in Maharashtra. Of this, the MahaRERA has recovered around 29% or around ₹200 crore. Around ₹200 crore worth of compensation has so far been recovered from 283 recovery warrants issued to 139 real estate projects, MahaRERA said in a statement. Also Read: MahaRERA puts grading of real estate projects in Maharashtra on hold MahaRERA issues recovery orders against real estate developers in case of default in handing over possession of property to homebuyers. The execution of recovery warrants has to ...Read More >
Hyderabad, Dec 12 (VOICE) Cold wave conditions prevailed in parts of Telangana with minimum temperature dropping to single digit in at least six districts on Thursday. The average minimum temperature in the state was 14.3 degrees Celsius, which is 2.7 degrees below normal. Among all 33 districts, Adilabad was the coldest with average temperature of 9.3 degrees Celsius and Bela in Adilabad district was the coldest place in the state with the lowest temperature of 7 degrees Celsius, said meteorologists at the Telangana Development Planning Society (TGDPS). The lowest temperature in Sirpur (U) ...Read More >
Heavy rains lashed Thoothukudi and surrounding areas in Tamil Nadu on Sunday, causing severe waterlogging in several localities. The IMD predicts the formation of a low-pressure area in the Bay of Bengal, which is expected to intensify and move towards the Tamil Nadu coast, bringing further rainfall across the state in the coming days.Several parts of Thoothukudi and adjoining areas witnessed severe waterlogging on Sunday as heavy rains continued to lash parts of Tamil Nadu. Visuals showed water ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...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 >
Mumbai, June 6 (UNI) The Enforcement Directorate (ED) conducted raids at Bollywood actor Dino Morea's residence on Friday afternoon in Mumbai. This raid was part of searches at multiple locations across Mumbai in connection with the Mumbai Mithi River scam. ED is probing the alleged financial irregularities and corruption related to the river's cleanup project. According to sources, officials have examined various records and documents related to the financial transactions of the actor. The raid was conducted at his residence -Villa Morea, located in Bandra West in Mumbai. Dino, along wit ...Read More >
The India Meteorological Department (IMD) has issued a red alert for Mumbai and several other parts of Maharashtra due to expected heavy rainfall and thunderstorms over the weekend. The alert, announced on Saturday, highlights the likelihood of intense weather conditions in the coming days, as oligo cyclonic conditions and weak southwest monsoon winds affect the region. On the monsoon situation in Mumbai, IMD Scientist Sushma Nair says, "It is important to understand that the warning issued for the next 24 hours is a Yellow Alert. Meanwhile, a Red Alert was issued for an intense spell of rain ...Read More >