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: TVS Motor Company on Monday said it has inked a pact with leasing and asset management company ALT Mobility to deploy 3,000 electric three-wheelers this fiscal year. As part of the collaboration, TVS will provide vehicles, while ALT Mobility will procure, lease, and finance them through its ecosystem. The models, variants, and specifications will be jointly finalised to best serve customer needs, and the vehicles will be rolled out through TVS Motor's extensive network of authorised dealers and ALT's point of sales across India, the company said in a statement. The vehicles will be deployed under ALT's drive-to-own leasing model to individual drivers and fleet operators for cargo and passenger transportation, it added. "This collaboration with ALT Mobility is a significant step towards enabling sustainable urban and last-mile mobility at scale," TVS Motor Company Business Head --Commercial Mobility Rajat Gupta said. Anuj Gupta, Co-founder & CBO, ALT Mobility, said partnering with TVS Motor Company gives the company access to industry-leading vehicles and technology, which will help it scale leasing and fleet operations effectively.
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 >
Chennai, Jun 28 (PTI) Two and three-wheeler manufacturer TVS Motor Company has launched OBD2B Compliant 2025 TVS Apache RTR 160 cc motorcycle, equipped with OBD2B compliance, Dual-Channel Anti-lock Braking System (ABS). The new range of its highly popular motorcycle is priced from Rs 1.34 lakh (ex-showroom Delhi). Also Read | Bodoland Lottery Result Today, June 28, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. "The 2025 TVS Apache RTR 160 is OBD2B compliant and introduces dual channel ABS, delivering enhanced safety and contro ...Read More >
Panaji: Union govt sanctioned Rs 300 crore for state govt towards special assistance (loan) under part IX of the Scheme for Special Assistance to States for Capital Investment, 2025-26. It said the state must ensure there is no duplication in funding of the capital projects approved under the scheme, either with the funds provided by Govt of India or state govt."In case of unavoidable changes in the specific projects for which funds are being released, state govt shall seek the approval of Govt of India for the change. Funds will not be provided in case of unapproved changes," Jitendra Kumar V ...Read More >
Ranchi (Jharkhand) [India], August 4 (ANI): The Jharkhand government declared a three-day state mourning, starting Monday, following the passing of the state's former Chief Minister and co-founder of Jharkhand Mukti Morcha, Shibu Soren. "In honour of the late Honourable former Chief Minister-cum-Rajya Sabha MP, the State Government has decided to observe 03 (three) days of state mourning from August 4 to August 6," the message from the Jharkhand government read. Also Read | Kerala Shocker: 47-Year-Old Man Dies by Suicide After Failing to Arrange Funds for Son's Engineering College Admission. ...Read More >
NewsVoirNew Delhi [India], August 21: TVS Motor Company, a global leader in two and three-wheeler manufacturing, today launched the TVS King Kargo HD EV - engineered for the evolving needs of the urban and semi-urban logistics segment. The TVS King Kargo HD is purpose-built to combine cutting-edge technology, robust design, performance and reliability. The company also showcased the TVS King Kargo HD CNG variant, which will be launched before the end of the calendar year '25.The TVS King Kargo HD EV is designed to elevate safety, comfort, and connectivity for last-mile delivery operators. It i ...Read More >
With uncertainty becoming a defining feature of the global landscape, the role of banks has become much more critical not just as custodians of savings but also as engines of growth, Finance Minister Nirmala Sitharaman said on Thursday. She noted that financial institutions play a crucial role in national infrastructure building and banks must maintain strong balance sheets to fund significant investments, meet the demand for credit, and provide innovative financial products and capital expenditu ...Read More >
Defence Minister Rajnath Singh highlighted the Defence Accounts Department's pivotal role in Operation Sindoor, emphasizing its crucial contribution to efficient financial management and war preparedness. Singh praised the DAD for its historic legacy and continued support as the financial backbone of India's armed forces at an event marking its 278th foundation day. Defence Minister Rajnath Singh on Wednesday underscored the pivotal role played by the Defence Accounts Department (DAD) in the suc ...Read More >
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 years, basic accounts/PM Jan Dhan Yojana accounts, or those opened before July 31, 2025.Meanwhile, HD ...Read More >
Bengaluru, Jul 8 (PTI) The Karnataka government has said that it has approved the release of Rs 244.10 crore to cover additional expenses such as wholesale and retail margins and transportation charges under the Annabhagya scheme for the months of February to May, 2025. This fund allocation comes in addition to a previously released grant of Rs 2,082.99 crore, which was meant for the purchase of an extra five kg of rice per beneficiary and other related costs for the four-month period, a government order issued on Monday said. The order was issued as the lorry owners transporting rice and ot ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped inside a residential building that caught fire, the DCP said. With the help of police personnel and fir ...Read More >
Bengaluru, Aug 19 (PTI) The five guarantee schemes implemented by the Karnataka government accounted for 15 per cent of its revenue expenditure for the fiscal year 2023-24, said the CAG report, which was tabled in the Assembly on Tuesday. The Congress government implemented the five pre-poll guarantees after it came to power in May 2023. The five guarantee schemes are 'Gruha Jyothi' offering 200 units electricity free to every household, 'Gruha Lakshmi' scheme promising Rs 2,000 to every woman head of a family and 'Anna Bhagya' offering 10 kg rice to every member of the BPL family a month. ...Read More >
It has a 156 km range and costs Rs 3.85 lakh. A CNG version is also planned. The company will first launch in Delhi-NCR, Bengaluru, Gujarat and Maharashtra. TVS expects EVs to dominate 60% of the three-wheeler market by 2030. TVS Motor Company on Thursday expanded its electric commercial vehicle range with the introduction of a three-wheeler for the cargo segment. The company had forayed into the electric three-wheeler segment earlier this year with the launch of the King EV MAX to cater to the ...Read More >
Bengaluru : TVS Motor Company recorded monthly sales of 402,001 units in June 2025 with a growth of 20% as against 333,646 units in the month of June 2024. Two-Wheeler Total two-wheelers registered a growth of 20% with sales increasing from 322,168 units in June 2024 to 385,698 units in June 2025. Domestic two-wheeler registered growth of 10% with sales increasing from 255,734 units in June 2024 to 281,012 units in June 2025. Motorcycle registered a growth of 24% with sales increasing from 152,701 units in June 2024 to 188,774 units in June 2025. Scooter registered a growth of 26% with sale ...Read More >
Bengaluru : TVS Motor Company - a leading global automaker that operates in the two and three-wheeler segments - marked 20 years of its flagship motorcycle, TVS Apache by launching limited-edition variants across its fiery lineup - TVS Apache RTR 160, 180, 200 and TVS Apache RR310 and RTR310 while raising the benchmark for sports motorcycles in India with new, top-of-the-line trims, of the RTR 160 4V and RTR 200 4V. The limited-edition line-up features a unique black-champagne-gold livery, dual tone alloy wheels and USB charger and much more, making them true collector's pieces. The new 4V v ...Read More >
Dehradun: The Uttarakhand government has achieved a historic milestone, having earned over ₹5,310 crore in revenue in the 2022-23 fiscal year. This achievement was documented in the recent report of the Comptroller and Auditor General of India (CAG). Uttarakhand, once grappling with challenges of fiscal discipline, has now joined the select group of states that have achieved a revenue surplus. The state government is extremely pleased with this achievement. This CAG report is considered a welcome development for Uttarakhand, reflecting an improvement in the state's economic situation and an i ...Read More >
New Delhi [India], October 1 (ANI): Raksha Mantri Rajnath Singh on Wednesday lauded the Defence Accounts Department (DAD) for ensuring financial resilience, optimising resources and sustaining operational readiness during Operation Sindoor, calling it the "silent but crucial" backbone of India's Armed Forces. "While the entire world witnessed the valour and courage of the Armed Forces in achieving a historic and decisive victory during Operation Sindoor, the silent yet crucial role of DAD ensured efficient resource utilisation, financial management and war preparedness," Singh said while addr ...Read More >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >
Mumbai: State-run Bank of Maharashtra aims to raise at least ₹2,000 crore by selling shares through a qualified institutional placement (QIP) or an offer for sale this financial year to reduce the government's stake in the lender to 75% and meet the market regulator's minimum public shareholding norm. "We will work it out, because as per the current prices, to comply with the Sebi norms, even at the current price, around ₹2,000 crore should suffice," managing director and chief executive officer (CEO) Nidhu Saxena said on the sidelines of the Ficci-IBA banking conference in Mumbai on Monday. ...Read More >
SRINAGAR, Oct 18: While maintaining higher provisioning requirements owing to regulatory compliance, J&K Bank posted a net profit of Rs 494.11 Cr for the July-September Quarter (Q2) of current financial year (CFY), remaining well on course to meet its annual market guidance. The Bank's net profit for half-year (H1) witnessed an increase to Rs 978.95 Cr from Rs 966.41 Cr recorded for H1 last FY. The Bank announced financial numbers after its Board-of-Directors reviewed and approved the quarterly and half-yearly figures during a meeting held at the Bank's Corporate Headquarters. Key Highlights ...Read More >
Mumbai, October 21: For the first time in decades, India's stock exchanges are changing the timing of one of the market's most symbolic events -- the Diwali Muhurat Trading. The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will hold the special trading session in the afternoon today, between 1:45 p.m. and 2:45 p.m., instead of the usual evening slot. This marks the beginning of the new Hindu financial year, Samvat 2082. Muhurat trading has always been seen as an auspicious event that combines faith and finance. Traders and investors believe that making trades during this peri ...Read More >
PNN Hyderabad (Telangana) [India], December 6: We are thrilled to announce that ABSYZ Software Consulting, a Youngsoft company, and a trusted Salesforce partner since 2014, has been elevated to Salesforce Summit Partner status, the highest recognition within the Salesforce consulting ecosystem. This milestone highlights ABSYZ's unwavering commitment to excellence, innovation focused on customer needs, and delivering transformative results for clients through its global Salesforce implementations. As one of the elite 5% of Salesforce consulting partners worldwide, this achievement reflects ou ...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 >
New Delhi, Jun 29 (PTI) The finance ministry has asked public sector banks (PSBs) to look at monetising their investment in subsidiaries by listing them at bourses after further scaling up operations so that they realise good return. There are about 15 subsidiaries or joint ventures of PSBs lined up for initial public offering or divestment in medium to long term, sources said. Also Read | Tamil Nadu: Temple Worker, Detained in Connection With Alleged Theft of Gold Jewellery, Dies in Police Custody; Tension Erupts in Sivaganga. Wherever required banks should invest funds to scale up operati ...Read More >
Mumbai: HDFC Bank chairman Atanu Chakraborty said the bank has strengthened governance frameworks across its key subsidiaries as it adapts to its expanded role as a financial conglomerate following the merger with HDFC Ltd."In order to address our enhanced stature as a financial conglomerate, we have strengthened our oversight on the group companies," Chakraborty said in the bank's FY25 annual report. These include HDB Financial Services, HDFC Life Insurance, HDFC Asset Management, HDFC ERGO General Insurance, and HDFC Securities.A dedicated Group Oversight Department now monitors the implemen ...Read More >
Chennai, Jul 19 (PTI) The India Cements Ltd, a subsidiary of UltraTech Cement Ltd, an Aditya Birla Group company, reported a consolidated net loss of Rs 132.90 crore for the April-June 2025 quarter, the company said on Saturday. The city-based cement maker had posted a consolidated net profit of Rs 58.47 crore during the corresponding quarter of the previous financial year. For the year ended March 31, 2025, the consolidated net loss stood at Rs 143.68 crore, the company said in a regulatory filing. The consolidated total income for the quarter under review was Rs 1,033.85 crore, compared t ...Read More >
New Delhi [India], August 21: TVS Motor Company, a global leader in two and three-wheeler manufacturing, today launched the TVS King Kargo HD EV - engineered for the evolving needs of the urban and semi-urban logistics segment. The TVS King Kargo HD is purpose-built to combine cutting-edge technology, robust design, performance and reliability. The company also showcased the TVS King Kargo HD CNG variant, which will be launched before the end of the calendar year 25. The TVS King Kargo HD EV is designed to elevate safety, comfort, and connectivity for last-mile delivery operators. It introduc ...Read More >
-1751205382093.jpg)
Bengaluru Crime: A woman's body, believed to be between 30 and 35 years old, was found stuffed inside a sack and dumped in a garbage truck in Bengaluru early Thursday. The identity of the woman is yet to be confirmed. Police said the sack was discovered by BBMP sanitation workers who immediately alerted the authorities. The body was found with her hands and neck tied, raising strong suspicion of murder. Officials stated that the body had been placed inside a gunny bag before being thrown into the garbage vehicle. Joint Commissioner of Police, C Vamsi Krishna, confirmed that the body has been ...Read More >
Bengaluru: The Central Goods and Services Tax (CGST)-Bengaluru zone marked the eighth anniversary of the introduction of Goods and Services Tax (GST) with Karnataka celebrating a significant milestone. The state recorded a robust GST revenue of about Rs 1.6 lakh crore in the financial year 2024-25, securing its position as the second-highest GST-contributing state in the country after Maharashtra.Karnataka's rising tax contribution reflects the state's growing economic activity and expanding taxpayer base. With approximately 10.5 lakh registered taxpayers, Karnataka now ranks fifth among India ...Read More >
New Delhi: India has recently overtaken Japan and is poised to become the third-largest economy by 2030, overtaking Germany, Union Petroleum Minister Hardeep Singh Puri has said. In the past 11 years, India has risen from the eleventh to the fourth largest economy in the world. "Our GDP has more than doubled -- from $2.1 trillion in 2014 to $4.3 trillion in 2025" said Puri while addressing the 77th Foundation Day of the Institute of Chartered Accountants of India (ICAI) here. The minister highlighted the nation's resilience during global headwinds and the critical role played by bold policy ...Read More >
In India, gold is more than just a metal -- it's a tradition, a symbol of security, and an investment rolled into one. This centuries-old cultural and financial mainstay, which has a sizeable share in India's inflation basket and has seen skyrocketing prices, may be distorting the country's 'core' inflation trajectory. Core inflation is a measure of inflation that aims to show the underlying, long-term trend of price changes in an economy, excluding the impact of components with volatile prices. In India, the main measure of core inflation has been the one that excludes food and fuel. However ...Read More >