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: Gaganpreet Makkad (38), who was allegedly behind the wheel of the BMW that fatally struck senior finance ministry official Navjot Singh (57) and critically injured his wife Sandeep Kaur (50) in Dhaula Kuan Sunday, was arrested after being discharged from hospital Monday.Sections related to culpable homicide and destruction of evidence have now been added to charges of rash and negligent in the FIR. Police said they are probing why the victim was taken to Nulife Multi-Specialty Hospital, a small facility 22km away in GTB Nagar, instead of one nearby, and also if the hospital belonged to Makkad's relatives or acquaintances, as alleged by the victim's family.DCP (Southwest) Amit Goel said during questioning, Makkad could not recall the cause of the accident, only that bystanders helped her and her husband Parikshit out of the car after it overturned. It was then she noticed the other couple lying injured on the road, she told police. At the time of the incident, their two children and a domestic helper were travelling with them.While Makkad told police she sought help soon after the accident, Sandeep Kaur alleged in her statement: "I kept pleading with them to take us to the nearest hospital immediately, especially since my husband was unconscious. But the woman, who identified herself as Gaganpreet Makkad, ignored my requests and deliberately delayed medical help."Kaur stated that earlier that day, she and her husband had visited Bangla Sahib Gurudwara, followed by a stop at Karnataka Bhawan in RK Puram. After lunch, they began their journey home to Hari Nagar in west Delhi on their motorcycle. She said just then, a blue BMW, being driven at a high speed, suddenly hit their motorcycle, throwing them onto the road.
New Delhi: The Enforcement Directorate (ED) on Friday carried out searches at 15 places in Mumbai and Kochi in connection with the Mithi River desilting scam that caused a wrongful loss of more than Rs 65 crore to the Brihanmumbai Municipal Corporation (BMC), official sources said. The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities. According to the sources, the searches are being carried out under the provisions of the Prevention of Money Laundering Act (PMLA) at locat ...Read More >
Bengaluru: Another FIR has been registered against RCB, event management firm DNA Entertainment Private Limited and Karnataka State Cricket Association (KSCA) over the stampede near Chinnaswamy stadium that claimed the lives of 11, police said on Friday. The FIR was registered at Cubbon Park police station under section 125 (a) (act endangering life and personal safety of others) of the Bharatiya Nyaya Sanhita, based on a complaint by victim Rohan Gomes on June 5, they said. RCB, DNA entertainment private limited and KSCA administration have been named as accused in the case, police said. 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 >
Kolkata gangrape: Manojit Mishra, a student leader of the Trinamool Congress Chhatra Parishad (TMCP)- student wing of West Bengal's ruling Trinamool Congress (TMC)- who has been arrested for the alleged gangrape of a law student at the Kasba Law College in Kolkata on Friday, allegedly proposed to marry the rape survivor and asked her to prove her "loyalty' to him. As per the complaint filed by the victim, Manojit Mishra, a former student at Kasba Law College, who is currently the general secretary of the TMCP, allegedly tried to pressure her in to marriage, and asked her to prove her 'loyalty ...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 >
Bengaluru (Karnataka) [India], June 6 (ANI): A complaint has been filed against cricketer Virat Kohli at the Cubbon Park Police Station in connection with the June 4 stampede near Bengaluru's Chinnaswamy Stadium that claimed 11 lives and left dozens injured. The complainant, social activist HM Venkatesh, accused Kohli of promoting what he described as "gambling through IPL," alleging it incited the massive crowd that led to the tragedy. Also Read | PM Narendra Modi's Panch Pran Initiative Inspired by Shivaji Maharaj's Hindavi Swaraj, Says Jyotiraditya Scindia. Police said the complaint will ...Read More >
Goa: TV actor couple Puja Banerjee and Kunal Verma have found themselves in the legal hotseat after the Goa Police filed a FIR against the couple for allegedly abducting and extorting money from Bengali filmmaker Shyam Sunder Dey, officials said on Saturday. An FIR was first filed at Panache police station in Kolkata on June 12 based on a complaint by Dey's wife, Malabika, against the actor couple. However, since the alleged incident took place in North Goa, the case was later transferred to the Calangute Police, a police official told PTI. As per the FIR, the accused seized the victim's two ...Read More >
NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >
Lucknow, Jul 14 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Monday said the state's health services must be made future-ready to keep pace with global advancements and effectively respond to emerging challenges. He was speaking at the foundation stone laying and inauguration ceremony of various health projects worth Rs 1,000 crore at King George's Medical University (KGMU) here. Deputy Chief Minister Brajesh Pathak, who also holds the Health portfolio, and Medical Education Minister Mayankeshwar Sharan Singh were present on the occasion. The chief minister said institutions like K ...Read More >
Shimla: Heavy rains lashed Himachal Pradesh on Sunday, triggering landslides and flash floods and blocking more than 100 roads, even as the weather department issued a red alert.A landslide at Chakki Mod near Parwanoo blocked the Chandigarh-Shimla highway for hours, resulting in a massive traffic jam Sunday morning. The local administration had to divert traffic through the Jangeshu link road until the landslide debris was cleared at Chakki Mod.The traffic was first restored one-way and later two-way, but the traffic jam continued on both sides of the highway throughout the day due to slow veh ...Read More >
Ludhiana, Jul 10 (PTI) In a shocking incident, the body of a 30-year-old woman was found stuffed in a sack, allegedly dumped by two men near Aarti Chowk here, police said on Thursday. The woman, Reshma from Lucknow, was allegedly strangled to death by her in-laws, and her body was dumped on the roadside. Joint Commissioner of Police Rupinder Singh said three persons, Reshma's in-laws and a relative, have been arrested in connection with the alleged murder. The accused have been identified as Krishan (father-in-law), Dulari (mother-in-law) and a relative, Ajay. The incident came to light on ...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 >
Bengaluru, June 6 (SocialNews.XYZ) Four people, including the Royal Challengers Bengaluru (RCB) Marketing Head and DNA Event Management Company staffers, were arrested on Friday in connection with the stampede near the Chinnaswamy Stadium in Bengaluru that claimed 11 lives. Nikhil Sosale, Head of Marketing for RCB, along with Sunil Matthew, Kiran, and Sumanth from DNA Event Management, have been arrested, according to the police. Police said the accused have been arrested in a joint operation at the Bengaluru International Airport. The police have also raided the residences of Karnataka Sta ...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 >
Srinagar, Jul 3 (PTI) The annual Amarnath Yatra began on Thursday with the first batches of pilgrims setting off from the twin base camps in Baltal and Nunwan towards the 3880-metre-high cave shrine in the south Kashmir Himalayas, which houses a naturally formed ice-lingam, officials said. The yatra started early morning from the twin tracks -- the traditional 48-km Nunwan-Pahalgam route and the 14-km Baltal route. The batches of pilgrims, including men, women and sadhus, left from the Nunwan base camp in Pahalgam, in south Kashmir's Anantnag, and Baltal base camp in Sonamarg area of central ...Read More >
Mumbai, Jul 3 (PTI) German premium car maker BMW group on Thursday reported a 10 per cent jump in total sales in India at 7,774 units in the January-June period of 2025 over the same period year-ago, The Group had sold 7,081 units of BMW and Mini brands of cars in India in the first of CY 2024. Besides, the company also retailed 2,569 Motorrad brand of motorcycles during the period under review. The company also said it continued its leadership position in the luxury electric vehicle sales in India with a massive 234 per cent year-on-year growth in volumes at 1,322 units of BMW and MINI EVs ...Read More >
Chandigarh: Punjab chief ministerBhagwant Mann on Thursday said the government will table a bill in the assembly on Friday to introduce harsher punishment for religious sacrilege. However, the law will not be enacted immediately, as the government plans to hold consultations with stakeholders before finalising the legislation.Mann said the decision was taken in a meeting of the cabinet earlier in the day. After the legislation is tabled, Punjab govt will gather suggestions on the law from stakeholders, including religious organisations and people, he added.Sources said said the new legislation ...Read More >
Bengaluru, June 5 (SocialNews.XYZ) The Karnataka Police in the FIR registered regarding the June 4 stampede incident near the Chinnaswamy Stadium here which resulted in the deaths of at least 11 people, claimed that the accused parties -- Royal Challengers Bengaluru (RCB) franchise, DNA event management firm, and the Karnataka State Cricket Association (KSCA) Administrative Committee -- organised the victory celebration without the necessary permissions. The FIR filed by the Cubbon Park police on Thursday further stated that due to the initiation of all possible precautionary measures by the ...Read More >
Amritsar, Jul 14 (PTI) The SGPC on Monday received an email threatening to "blow up" the Golden Temple, prompting authorities to beef up police deployment around the gurdwara, officials said. A bomb disposal squad was pressed into service, they said. Amritsar Police Commissioner Gurpreet Singh Bhullar, while confirming the email threat, said an FIR has been lodged on the complaint of the Shiromani Gurdwara Parbandhak Committee (SGPC). The email received by the SGPC mentioned that the Golden Temple will be "blown up" with explosive material. Bhullar said the cybercrime wing of the Punjab Po ...Read More >
New Delhi: With the monsoon expected to arrive in the city by the last week of June, Public Works Department and allied agencies have intensified seasonal preparations, with instructions given to complete desilting by June 15. While conducting an inspection of drainage points in Mehrauli on Thursday, PWD minister Parvesh Verma also ordered the deployment of rapid response teams during heavy rain alerts and live GPS-based monitoring of drain-cleaning operations. He has asked for coordination reports from PWD, Delhi Jal Board and the irrigation department. The minister visited five critical loca ...Read More >
The Golden Temple in Amritsar received a bomb threat via email on Monday, prompting a police complaint from the Shiromani Gurdwara Parbandhak Committee (SGPC). Police Commissioner Gurpreet Singh Bhullar said a case has been registered and investigations are underway with support from cybercrime and other agencies. The Golden Temple in Punjab's Amritsar received a bomb threat on Monday, the ShiromGurdwara Parbandhak Committee (SGPC) said in a police complaint. Amritsar Commissioner Gurpreet Singh ...Read More >
Pithoragarh: A tragic accident in Pithoragarh has claimed the lives of at least eight people and left several seriously injured after a passenger vehicle reportedly plunged into a river. The incident occurred near Bhandari village in the Muwani area as the vehicle was travelling from Muwani to Bokta in the district. Senior Superintendent of Police Rekha Yadav confirmed the fatalities, stating that eight individuals died at the scene. Rescue operations are currently underway, with the three critically injured victims having been admitted to the local government hospital. ...Read More >
Sangareddy (Telangana) [India], July 1 (ANI): Telangana Governor Jishnu Dev Varma has expressed grief over the tragic fire accident that occurred at the Pashamylaram industrial area in Sangareddy district that killed 12 people. The Governor paid condolences to the families of those who lost their lives in the incident and wished a speedy recovery to the injured. Also Read | Rules Changing From July 1, 2025: From LPG Cylinder Prices and Railway Fares to Aadhaar-PAN Link, Check Key Rule Changes Taking Place Next Month. The Governor spoke to the Labour, Employment Training and Factories (LETF) ...Read More >
Noida: A 38-year-old man was arrested after a gunfight for allegedly murdering his partner by slitting her throat in Nirman Vihar.The accused, Mukeem, allegedly killed the woman after deciding to end their eight-year-long relationship. Police said they received information around 6pm on Friday about a woman found dead inside a rented accommodation in the colony."Following the information, a team from Ecotech 3 police station, along with senior officials, rushed to the spot. The woman was found with her throat slit. She was taken to a hospital where doctors declared her brought dead," said DCP ...Read More >
Bengaluru, Jun 6 (PTI) Another FIR has been registered against RCB, event management firm DNA entertainment private limited and Karnataka State Cricket Association (KSCA) over the stampede near Chinnaswamy stadium that claimed the lives of 11, police said on Friday. The FIR was registered at Cubbon Park police station under section 125 (a) (act endangering life and personal safety of others) of the Bharatiya Nyaya Sanhita, based on a complaint by victim Rohan Gomes on June 5, they said. Also Read | PM Narendra Modi Says He Will Attend G7 Summit 2025 in Canada, Thanks Canadian Counterpart Mar ...Read More >
Bengaluru, June 7 (SocialNews.XYZ) The Special Wing of the Criminal Investigation Department (CID) will begin its probe into the Chinnaswamy stampede tragedy, which claimed 11 lives on June 4, starting Saturday. Concurrently, the magisterial enquiry by the Deputy Commissioner of Bengaluru Urban district is also progressing. Sources confirmed that the CID probe will be headed by SP Shubanvita and Dy SPs Gowtham and Purushottam were named as investigators. The CID is likely to seek custody of the four arrested accused, who were sent to jail, for questioning on Monday, June 9. The department ha ...Read More >
Amritsar (Punjab) [India], June 8 (ANI): In a major crackdown on cross-border arms smuggling networks, the Anti-Narcotics Task Force (ANTF) of Punjab Police arrested three associates of notorious smuggler Jugraj Singh and seized six sophisticated foreign-made weapons, Director General of Police (DGP) Gaurav Yadav said on Sunday. The operation was carried out by the ANTF's Border Range unit based in Amritsar. According to DGP Yadav, preliminary investigation has revealed that Jugraj Singh, the kingpin of the smuggling racket, orchestrated the arms trafficking from inside Goindwal Jail. He is a ...Read More >
Hyderabad (Telangana), June 28 (SocialNews.XYZ) Two-time World Champion Nikhat Zareen opened her campaign in the 48-51kg category with a clinical 4:1 win over Uttar Pradesh's Rashi Sharma in the Elite Women's Boxing Tournament at the Saroornagar Indoor Stadium here on Saturday. In another bout, Haryana's Anjali got the better of World Championships bronze medallist Manisha Moun in the 57-60 kg category. Organised by the Telangana Boxing Federation under the aegis of the Boxing Federation of India and the Sports Authority of Telangana, the tournament will feature boxers from 15 units, includi ...Read More >
Maharashtra Assembly Monsoon Session: Nana Patole and other MVA legislators protested against alleged derogatory remarks by Agriculture Minister Manikrao Kokate and BJP MLA Babanrao Lonikar about farmers. Congress MLA Nana Patole was suspended for a day from the Maharashtra Legislative Assembly Tuesday after he climbed Speaker Rahul Narwekar's podium amid aggressive protests by the Opposition Maha Vikas Aghadi MLAs. On the second day of the Monsoon Session, MVA legislators staged a protest against alleged derogatory remarks made by Agriculture Minister Manikrao Kokate and BJP MLA and former ...Read More >
Sangareddy (Telangana), Jul 2 (PTI) Sigachi Industries Ltd had been using outdated machinery and workers were compelled to operate it, the FIR registered against the management stated. The explosion at the firm's Pashamylaram unit two days ago left 36 dead and a nearly equal number injured. The Sangareddy police, based on a complaint by a family member of one of the victims, on Monday registered an FIR against the factory management in connection with the explosion under Sections 105 (culpable homicide not amounting to murder), 110 (attempting to commit culpable homicide), and 117 (Voluntari ...Read More >