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.
Delhi BMW Accident: Gaganpreet, the accused woman who was driving the BMW car, which hit and killed a Finance Ministry official in the national capital last evening, has denied any wrongdoing in the accident. Navjot Singh (52), Deputy Secretary in the Department of Economic Affairs, Ministry of Finance, succumbed to his injuries, while his wife suffered severe injuries after a BMW allegedly hit his motorcycle near Delhi Cantonment metro station on Ring Road on Sunday. T The Delhi Police arrested Gaganpreet on Monday after an FIR was filed against her by the victim's wife. Over the allegations that she transported the injured couple not to the nearest facility but to a hospital about 20 km away from the accident spot, the accused woman told the police that she took the couple to Nuelife Hospital as she had been there previously. According to the police, she told investigators that her daughter had been treated during the pandemic at this particular facility, so she took the injured couple there. However, as reported earlier, Gangpreet's father, identified as Javinder Singh, served as a director of Nulife Hospital and Maternity Centre in GTB Nagar, and the police are considering this a possible reason for taking the injured couple here. Additionally, over the claims of not making a PCR call after the accident, Gaganpreet told investigators that she was devastated by the incident and had thought others might have informed the police. She revealed that there were five people -- Gaganpreet, her husband, a six-year-old daughter, a four-year-old son, and a househelp -- present in the luxury car during the time of the accident. Gaganpreet said that after the crash, she left her husband and kids behind in the car and moved out with the intention to help the victims. She also claimed that the complainant was not in the right state of mind and was asking to be taken to a different hospital. Police said the collision occurred around midday, when they received multiple calls about a traffic jam. On reaching the spot, officers found the BMW lying on its side and the motorcycle near the divider. Eyewitnesses confirmed that the luxury car, driven by a woman, had rammed into the motorcycle from behind. Singh was riding the bike with his wife seated behind him. After the crash, the woman driver and her husband, who was also in the car, transported the injured couple not to the nearest facility but to Nuelife Hospital in GTB Nagar, about 17 km away, police said. Doctors later declared Singh dead, while his wife remains under treatment. The BMW driver and her husband, residents of Gurugram, also sustained injuries in the accident. Meanwhile, the woman was discharged, but her husband is still under treatment. The Police will also record his statement. Meanwhile, in the FIR, the victim's wife had alleged that Gaganpreet deliberately avoided taking her injured husband to the nearest hospital despite her repeated requests. "I repeatedly requested the lady (accused) to take my husband to the nearest hospital, my husband needs immediate first aid. But she deliberately did not take my husband to the nearest hospital and instead took him to a faraway hospital known to them. My husband had to wait too long on a stretcher there," Singh's wife stated in her complaint. The couple's son, Navnoor Singh also echoed similar sentiments, saying that his father's life could have been saved had he been taken to a nearby hospital, rather than a facility nearly 20 km away.
Bengaluru, Feb 4 (SocialNews.XYZ) In a major Regional Transport Office operation, 30 luxury cars, including Ferrari and Porsche, were seized for alleged tax evasion in Bengaluru. The seizure of luxury cars is done for non-payment of taxes by the owners, an RTO official said on Monday. The seized vehicles were registered in different states but illegally driven in Karnataka. This operation is expected to recover around Rs 3 crore in taxes. Luxury cars, including Maserati, Ferrari, Porsche, Range Rover, and BMW have been seized, the sources said. These top-end cars were registered in states ...Read More >
New Delhi [India], June 7 (ANI): Delhi police have lodged an FIR against anti-social elements involved in spreading misinformation about the demolition drive on the basis of a complaint filed by the Delhi Urban Shelter Improvement Board (DUSIB), a release said. Chief Minister Rekha Gupta had earlier issued an order to take strict legal action against those spreading misinformation about the demolition drive. The complaint highlights that a list of 675 JJ Bastis, which is publicly available on the DUSIB website for informational and administrative purposes, is being falsely circulated as the ...Read More >
"He was earlier apprehended by the Central Bureau of Investigation in connection with another fraud case and is currently in judicial custody. "The case was initially registered in January 2017 based on a complaint from a private bank," Deputy Commissioner of Police (Economic Offences Wing) Vikram K. Porwal said in a statement. The bank had alleged that 467 fake Foreign Inward Remittance Certificates (FIRCs) were submitted by 18 account holders - belonging to 17 different firms - at its Naraina ...Read More >
New Delhi [India], June 8 (ANI): In a major crackdown, the Anti-Narcotics Task Force (ANTF) of the Delhi Police has busted an interstate drug syndicate and seized 348.176 kilograms of Ganja, officials said. According to Apoorva Gupta, Deputy Commissioner of Police, ANTF, Crime Branch, Delhi, the seized contraband is valued at approximately Rs 1.75 crore in the international market. The drug was being smuggled from Andhra Pradesh to the Delhi-NCR region, concealed beneath a consignment of watermelons in a truck. Two individuals, identified as Intezar Malik and Rizwan, have been arrested in c ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
Srinagar: Continuing their efforts to combat the drug menace, the Jammu and Kashmir Police on Thursday seized two vehicles of peddlers in Srinagar city. A police statement said, "Continuing its efforts to eradicate the menace of drugs from the society, police in Srinagar have seized two vehicles acquired through proceeds of illegal narcotics trade. Srinagar Police have seized two vehicles, a Corolla bearing registration number DL4CNE 6086 and a BMW bearing registration number JK01AF-0047 in case FIR No. 36/2024 u/s 8/21 NDPS Act of Police Station Chanapora from the accused person namely Muda ...Read More >
Surat: The Amroli police in Surat have launched an investigation into a puzzling incident where an accountant working with a diamond firm reported that four fingers of his left hand were mysteriously severed after he fell unconscious near the Variyav Bridge. According to Tarpara's statement, he had gone to meet a friend near Vedant Circle and stopped on his way home to relieve himself. He claimed he suddenly lost consciousness and woke up to find the fingers of his left hand missing on Sunday ni ...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 >
New Delhi: A 29-year-old woman was found murdered in a hotel room in central Delhi's Paharganj on Sunday.Police have arrested a man who has claimed to be in a relationship with the victim and checked into the hotel with her on Saturday.According to investigators, the accused suspected the woman was in a relationship with another person, which may have led to the crime.The deceased was identified as Sarika, while the accused, 31-year-old Sachin, was a resident of north Delhi. Both worked in a cloc ...Read More >
New Delhi: Nearly three weeks after businessman Arun Lohia was fatally shot inside his SUV near Chhatarpur Metro Station in South Delhi, two of the alleged shooters were injured and arrested during a police encounter on the Chirag Delhi-Khanpur stretch on Thursday. Investigations revealed that the killing stemmed from a land dispute. A third suspect was also taken into custody.According to police, the murder took place on May 15. The victim, Arun, a resident of Aya Nagar and owner of several local warehouses, was attacked around 1 pm while returning from Saket Court with his father, Rambir Loh ...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 >
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 >
New Delhi [India], June 8 (ANI): A minor girl died due to injuries on her face at a hospital after she was allegedly sexaully assaulted in the National Capital, Delhi police said in a statement. Police said that a call regarding the sexual assault of a minor girl was received at Dayalpur police station on June 7 at 8: 41 pm. Upon reaching the location, the police team found that a minor girl in an unconscious state had been taken to JPC Hospital by her father, where she was declared dead on arrival, police added. Prima facie, the attending doctors at the hospital observed visible injuries o ...Read More >
New Delhi [India], June 8 (ANI): In a major crackdown, the Anti-Narcotics Task Force (ANTF) of the Delhi Police has busted an interstate drug syndicate and seized 348.176 kilograms of Ganja, officials said. According to Apoorva Gupta, Deputy Commissioner of Police, ANTF, Crime Branch, Delhi, the seized contraband is valued at approximately Rs 1.75 crore in the international market. The drug was being smuggled from Andhra Pradesh to the Delhi-NCR region, concealed beneath a consignment of watermelons in a truck. Two individuals, identified as Intezar Malik and Rizwan, have been arrested in c ...Read More >
New Delhi [India], December 4 (ANI): The Enforcement Directorate (ED) seized cryptocurrency worth Rs 1.36 crore (USDT) from private wallets, along with unexplained cash amounting to Rs 47 lakh, during an investigation into a major money laundering case. The case pertains to cyber fraud involving illegal proceeds of approximately Rs 640 crore, generated through betting, gambling, part-time job scams, and phishing operations. The ED also recovered various incriminating documents linked to the fraud during its crackdown. Also Read | Banking Laws (Amendment) Bill, 2024 Set To Boost Consumer Expe ...Read More >
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Also Read | SOF NSO Results 2024-25 Out at sofworld.org: National Science Olympiad Exam Result Released, Get Direct Link and Know Steps To Download. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies h ...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 >
New norms to avoid another Bengaluru stampede, said Home Minister G Parameshwara. Bengaluru: Karnataka government will formulate a new Standard Operating Procedure (SOP) for mega events, meetings and celebrations aimed at preventing any untoward incidents, state Home Minister G Parameshwara said on Thursday. The initiative comes in the wake of the stampede near the Chinnaswamy Cricket Stadium here on Wednesday that claimed 11 lives. Speaking to reporters, Mr Parameshwara said that the governm ...Read More >
The Anti-Corruption Branch (ACB) of the Delhi Police has registered an FIR against former health ministers Saurabh Bharadwaj and Satyendar Jain of the Aam Aadmi Party, citing serious allegations of large-scale corruption in health projects undertaken by the Delhi government. This development follows approval from the Ministry of Home Affairs, which came on a detailed complaint which was lodged on August 22, 2024, by former Delhi Assembly Leader of Opposition Vijender Gupta. The complaint highlighted significant irregularities and suspected corruption in multiple health infrastructure projects ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
New Delhi: Former IAS probationer Puja Khedkar, accused of cheating and wrongly availing OBC and disability quota benefits in the civil services examination, has moved the Supreme Court for anticipatory bail. A bench of Justices B V Nagarathna and Satish Chandra Sharma is scheduled to hear the plea on January 15. Khedkar has challenged the December 23 2024 Delhi High Court order which refused to grant her anticipatory bail. The high court said a strong prima facie case was made out against Khedkar and an investigation was required to unearth the "larger conspiracy" to manipulate the system ...Read More >
New Delhi: The Supreme Court on Wednesday decided to grant anticipatory bail to former IAS probationer Puja Khedkar, accused of cheating and wrongly availing OBC and disability quota benefits in the civil services examination. The matter was heard by a bench consisting of justices BV Nagarathna and Satish Chandra Sharma. "What is the grave crime she has committed? She is not a drug lord or a terrorist. She has not committed 302 (murder). She is not an NDPS offender", said the bench. "You should have a system or software. You complete the investigation. She has lost everything and will not ge ...Read More >
Ahmedabad: Infocity police in Gandhinagar registered a theft case on Wednesday after materials worth Rs 3.81 lakh were stolen from the GNLU metro station at Koba village. This was the third theft reported on the Ahmedabad-Gandhinagar metro rail network in the past two weeks.Ravindrasinh Bihola, a 27-year-old security guard, filed the FIR with Infocity police. He stated that he was posted at the GNLU metro station for the past three months. He was on night duty from 8 pm to 8 am. According to his complaint, the theft occurred during the intervening night of May 30 and May 31.Bihola said that th ...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 >
New Delhi, May 21 (SocialNews.XYZ) The Supreme Court on Wednesday refused to entertain a plea seeking criminal prosecution of Justice Yashwant Varma, who is embroiled in a controversy surrounding the alleged discovery of a huge pile of burnt cash in the storeroom attached to his bungalow in the national capital after the fire brigade had gone there to douse a blaze on March 14. "There was an in-house inquiry report. It has been forwarded to the President of India and the Prime Minister of India for action. If you are seeking a writ of mandamus, you have to first make a representation to those ...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 >
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 >
Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastrinagar. Dr Lad said he's seen at least three children admitted for dengue this week, with all of the ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >