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.
Dehradun cloudburst- Heavy rains since last night has led to severe flooding and large-scale destruction in various parts of Dehradun and nearby regions. In Sahastradhara, several shops and hotels were severely damaged after debris swept into the main market following a cloudburst on Monday late night. Rivers like Sahastradhara, Chandrabhaga in Rishikesh, and Song in Tapovan have swollen dangerously, flooding roads and low-lying settlements. Visuals show massive destruction, commuters stranded, Tapkeshwar Mahadev temple inundated, and areas flooded. The Chandrabhaga River in Rishikesh has been in spate since this morning, causing water to reach the highway. SDRF rescue teams have been deployed, with three people rescued from the Chandrabhaga River. Settlements in Tapovan were submerged as the water level of the Song River rose following heavy rain. Bridge near Fun Valley and Uttarakhand Dental College on the Dehradun-Haridwar National Highway have been damaged as well. Uttarakhand Disaster Management Secretary Vinod Kumar Suman stated that persistent rainfall has caused waterlogging in Dehradun and several other areas of Uttarakhand, with damage reported at multiple locations. Relief and rescue operations have been carried out throughout the night. He added the department has received reports of one or two people losing their lives in Mussoorie, which is currently being verified. Sahastradhara, Sadar Sub-Divisional Magistrate (SDM) Harigiri reacted on the cloudburst incident and stated that it occurred at a few places last night. Following the disaster, water level is high and landslides have blocked areas with debris. He added that some resorts and hotels have been damaged. Meanwhile, a local said, "Due to the strong flow of water, a lot of logs came floating, due to which the temple has faced a lot of damage. In this situation, everyone should stay away from the river." Another resident described the incident and stated that main damage occurred around 10 pm when two cloud bursts occurred. "Since yesterday morning, it has been raining; however, the main damage happened at around 10 pm when two cloud bursts occurred... All the roads have been damaged, and the village has suffered a lot of damage. There is information that 4-5 people are buried under the debris," he added.
Mumbai: The birth of three penguin chicks at Mumbai's Veermata Jijabai Bhosale Udyan and Zoo has sparked an unexpected row not over their care, but their names. BJP functionary Nitin Bankar from the Byculla Assembly constituency has objected to the chicks being given English names, insisting they be named in Marathi instead. The BMC is expected to respond by June 10, after which Bankar will decide his next move. Speaking to The Free Press Journal, Bankar said, "When penguins were brought from abroad, we accepted that their names would be in English. But these chicks were born on the soil of M ...Read More >
Former Manipur CM N. Biren Singh stated that efforts are underway to establish a popular government in the state, currently under President's rule. He expressed optimism about forming a new government soon, emphasizing the BJP and its allies' desire for restoration of popular governance.Former Manipur chief minister N Biren Singh on Saturday said efforts are underway for setting up of a popular government in the state which is now under President's rule. Speaking at the sidelines of a programme at BJP state headquarters, Singh expressed hope that a new government will be formed in Manipur soo ...Read More >
Uttarkashi (U'Khand) | Nine construction labourers went missing early Sunday after a landslide triggered by a cloudburst hit their shelters along the Yamunotri National Highway in Uttarkashi district, officials said. The labourers, who are said to be of Nepali origin, were engaged in the construction of a hotel. District Magistrate Prashant Arya said the landslide occurred at Silai bend about 4 km ahead of Paligad, Uttarkashi The labourers were engaged in the construction of a hotel, he said, adding a new landslide zone has developed close to the hotel. "There were 19 labourers at the camp ...Read More >
NEW DELHI: Nine construction workers went missing after a midnight cloudburst triggered a massive landslide on Saturday (June 28) in Uttarakhand's Uttarkashi district on Yamunotri National Highway. A joint search and rescue operation has been launched by multiple agencies, and the Chardham pilgrimage on the Yamunotri track has been suspended for the next 24 hours. Police and rescue team members informed that around 19 workers were trapped under a thick mass of sludge that slid down due to a cloudburst at midnight. The deluge of sludge and debris completely devastated the labour camp where w ...Read More >
Guwahati: Assam will soon get three national highway stretches equipped for emergency aircraft landings, including the first such facility in the Northeast, which shares a long border with Bangladesh, Bhutan, Myanmar and China. "The first emergency landing facility on a national highway in North East is expected to be ready in eastern Assam by October, in a boost to national security and disaster preparedness," Chief Minister Himanta Biswa Sarma said on Sunday. Once completed, these stretches will boost Assam's strategic and transport infrastructure, Sarma said. "Once completed, it will supp ...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 >
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 >
Kullu (Himachal Pradesh) [India], June 29 (ANI): Union Minister Kiren Rijiju on Sunday stated that the BJP-led Union Government has introduced various welfare schemes for tribal and reiterated Prime Minister Narendra Modi's commitment towards the mountain regions. Rijiju informed about the ongoing road construction works from Kaza to Kelong and stated that this would help improve the state's connectivity with National Highways. Also Read | Bank Holidays in July 2025: No Nationwide Holiday for Muharram on July 7, Banks To Remain Shut for 13 Days This Month; Check Complete List of Bank Holiday ...Read More >
A cloudburst near Barkot-Yamunotri road in Uttarkashi has caused significant damage to a hotel construction site, leaving several workers missing as rescue operations are underway. Separately, heavy rainfall has blocked the Badrinath-Rishikesh highway, disrupting pilgrimage travel. Chief Minister Dhami has advised caution and urged residents to avoid unnecessary travel due to the adverse weather forecast.A cloudburst in Baligarh, along the Barkot-Yamunotri road in Uttarkashi district, caused sign ...Read More >
New Delhi: The Aircraft Accident Investigation Bureau (AAIB) is probing from all angles, including sabotage, in the Air India plane crash in Ahmedabad that killed 274 people on board and on the ground last month, Minister of State (MoS) For Civil Aviation Murlidhar Mohol said. Mohol said the black box of the Air India flight AI 171 that has been recovered is in AAIB's custody and will not be outside the country for a thorough assessment. The MoS was speaking at the Pune chapter of the Emerging Business Conclave. "It (plane crash) was an unfortunate incident. The AAIB has begun a full investig ...Read More >
Guwahati/Morigaon, Jun 6 (PTI) The flood situation in Assam continued to be critical with over 5.6 lakh people reeling under the deluge in 16 districts, an official bulletin said on Friday. The toll in this year's floods and landslides stands at 21, with two more deaths reported on Thursday. Also Read | Thane Shocker: Wife Booked for Hurling Hot Oil on Autorickshaw Driver During Fight Over Domestic Issues in Kalyan. Wildlife has also been affected with nearly 70 per cent of the Pobitora Wildlife Sanctuary in Morigaon district facing inundation, an official said. The Regional Meteorological ...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 >
Shimla (Himachal Pradesh) [India], June 26 (ANI): Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Thursday has directed all the Deputy Commissioners of the State to stay alert and ensure 24/7 availability for the public to deal with the unfolding situation efficiently, keeping in view the adverse weather conditions. According to an official statement from the Chief Minister's Office (CMO), while reviewing the situation in the State with district administrations virtually from Shimla today, he asked all Deputy Commissioners to conduct relief and rehabilitation operations for a ...Read More >
Shimla: The Shimla Meteorological Centre on Sunday issued a "red alert" for downpour in 10 districts of Himachal Pradesh while services on the Shimla-Kalka rail line were suspended after boulders and trees fell on the tracks following overnight rains. A landslide near Koti on the Shimla-Kalka National Highway (NH-5), connecting Shimla and Chandigarh, damaged some stretches of the road, resulting in a two to three-km-long traffic jam for hours. Solan Superintendent of Police (SP) Gaurav Singh on Sunday said two-way traffic has been restored near Chakki mod on NH 5 which was damaged due to lan ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
JAMMU: Three persons, including two minors, drowned while four others were rescued as flash floods triggered by heavy rains occurred in different areas of Rajouri, Poonch, Doda and Kathua districts in J&K on Thursday. Meanwhile, a fresh landslide near Satya viewpoint along the Himkoti route blocked the new track to Mata Vaishno Devi shrine atop Trikuta Hills in Reasi district.In Rajouri district, Shaqafat Ali (14) and his cousin Safeena Kousar (11) were out grazing cattle along with a 10-year-old ...Read More >
New Delhi: Devastating cloudbursts and flash floods have ravaged parts of Himachal Pradesh, including Kullu and Kangra districts, claiming at least five lives and leaving five others missing. The region witnessed three cloudburst incidents, nine flash floods, and three landslides in the past 24 hours, with rescue operations underway on a war footing. The disaster has resulted in significant damage, with 15 houses destroyed near rivers and streams, and several roads severely affected. The India Meteorological Department (IMD) has forecast isolated heavy rainfall over Himachal Pradesh and neig ...Read More >
UTTARKASHI/DEHRADUN: Bodies of two labourers have been found while seven remain missing after a cloudburst triggered a flash flood that swept through a resort construction site at Silai Bend on the Barkot-Yamunotri highway in Uttarkashi around 2am on Sunday. Twenty labourers managed to escape to safety. The rescue operation was suspended for the night due to poor visibility and risky terrain.The flash flood, caused by intense rainfall, flattened a tin-and-plywood shelter housing 29 workers engaged in hotel and road construction. The Yamunotri highway was damaged at three spots, including a 10- ...Read More >
Guwahati, June 5 (SocialNews.XYZ) The flood situation in Assam marginally improved on Thursday, while the situation further improved in other northeastern states, an official said. With two more fresh deaths in Assam, the death toll in seven states, excluding Sikkim, of the region increased to 48. According to the disaster management officials of different northeastern states, out of 48 deaths during the current spell of rain and floods since May 29, at least 21 people died in Assam, followed by 12 in Arunachal Pradesh, six in Meghalaya, five in Mizoram, two in Tripura and one each in Nagalan ...Read More >
Guwahati: The flood situation across Assam continues to be critical, with over 5.6 lakh people in 16 districts reeling under the severe flood, an official bulletin confirmed on Friday. The cumulative death toll from this year's floods and landslides has now climbed to 21, following two more fatalities reported on Thursday. Ready for a challenge? Click here to take our quiz and show off your knowledge! The Assam State Disaster Management Authority (ASDMA) bulletin stated that floodwaters are currently submerging 57 revenue circles and 1,406 villages, impacting a total of 5,61,644 individuals ...Read More >
NEW DELHI (AP) -- Prime Minister Narendra Modi on Friday inaugurated one of the most ambitious railway projects ever built in India, which will connect the Kashmir Valley to the vast Indian plains by train for the first time. Dubbed by government-operated Indian Railways as one of the most challenging tracks in the world, the 272-kilometer (169-mile) line begins in the garrison city of Udhampur in Jammu region and runs through Indian-controlled Kashmir's main city of Srinagar. The line ends in Baramulla, a town near the highly militarized Line of Control dividing the Himalayan region between ...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 >
Rudraprayag (Uttarakhand) [India], June 7 (ANI): A helicopter carrying five devotees en route to Kedarnath Dham made an emergency landing on a national highway near Bharasu in Uttarakhand's Rudraprayag district on Saturday, temporarily disrupting traffic in the region, officials said. According to officials, the chopper - an AW119 operated by Kestrel Aviation Private Limited - developed a sudden technical fault during takeoff, prompting the pilot to carry out a hard but controlled landing on the nearby road. Also Read | ICU Horror at ESIC Medical College in Rajasthan: 32-Year-Old Woman Alleg ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >
Dehradun, June 29 (SocialNews.XYZ) In light of relentless heavy rainfall and heightened risk of landslides, the Char Dham Yatra in Uttarakhand has been postponed for a day as a precautionary measure, officials confirmed on Sunday. The move has been made to safeguard the lives and property of thousands of pilgrims and residents amid deteriorating weather conditions in the region. Garhwal Commissioner Vinay Shankar Pandey stated, "The Chardham Yatra has been postponed for a day in view of the continuous heavy rainfall and the possibility of landslides. This precautionary step has been taken fo ...Read More >
New Delhi: On this day in 2024, India defeated South Africa by 7 runs and lifted the T20 World Cup title at the Kensington Oval in Barbados. India posted a 177-run target for the Proteas in 20 overs after opting to bat first. Virat Kohli smashed 76 runs off 59 balls with the help of six boundaries and two maximums. Axar Patel also batted brilliantly and scored 47 runs off 31 balls, hitting four maximums and one boundary in his sensational knock. Chasing the target of 177 runs, Bumrah provided India their first breakthrough when he removed Reeza Hendricks in the second over of the run-chase, ...Read More >
Uttarkashi (Uttarakhand) [India], June 29 (ANI): A severe landslide caused by heavy rainfall struck a labour camp at Silai Band on the Yamunotri Highway on Sunday, resulting in nine workers missing while ten others were rescued. Officials confirmed that a 10-12 meter stretch of the highway was completely washed away, severely disrupting road connectivity and delaying immediate rescue operations. Also Read | Puri Temple Stampede: Odisha CM Mohan Charan Majhi Seeks Forgiveness From Jagannath Devotees, Tender Apology for Stampede During Jagannath Rath Yatra. According to officials, teams from ...Read More >
Dehradun (Uttarakhand) [India], June 29 (ANI): Search and rescue operations are underway in Uttarakhand's Uttarkashi district after a cloudburst triggered a massive landslide near Barkot on Sunday, killing two workers and leaving seven others missing. Teams from the National Disaster Response Force (NDRF), the State Disaster Response Force (SDRF), the disaster management department, and the local administration are continuing their search to trace the missing workers, Uttarakhand Chief Minister Pushkar Singh Dhami said. Also Read | How To Spot a Fake Website? PIB Fact Check Shares 5 Simple T ...Read More >
New Delhi: The Char Dham Yatra resumed on Monday after the Uttarakhand government lifted a 24-hour precautionary suspension imposed due to adverse weather conditions, officials confirmed. Speaking to ANI, Garhwal Divisional Commissioner Vinay Shankar Pandey stated, "The 24-hour ban on Char Dham Yatra has been lifted." He added that all District Magistrates along the Yatra route have been instructed to monitor weather conditions closely and halt vehicular movement if necessary to ensure pilgrim safety. The Yatra was suspended on Sunday following a heavy rainfall alert and a subsequent cloudbu ...Read More >
Kerala is experiencing intensified monsoon rains, leading to flooding in Ernakulam, Idukki, and Thrissur districts. The IMD has issued an orange alert for seven districts, indicating the possibility of very heavy rainfall. In Wayanad, continuous rains caused the Chooralmala River to swell, raising concerns due to the area's history of deadly landslides. Monsoon rains intensified in Kerala on Thursday with some parts of Ernakulam, Idukki and Thrissur districts getting flooded and the India Meteor ...Read More >