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 [India], September 16 (ANI): In the BMW accident case near Dhaula Kuan that claimed the life of Deputy Secretary in the Ministry of Finance, Navjot Singh, accused Gaganpreet Kaur has sought bail, stressing that the crash was "wholly accidental" and unintentional. Her counsel highlighted that she is a mother of two minor daughters, has no criminal antecedents, and herself sustained a head injury in the accident. The bail plea, filed under Section 480 of the Bharatiya Nagarik Suraksha Sanhita, 2023, argues that custodial interrogation is neither warranted nor necessary. It adds that Kaur has fully cooperated with the investigation, has deep roots in society, and there is no likelihood of absconding or tampering with evidence. On Monday, Duty Judicial Magistrate Akanksha Singh remanded Kaur to two days' judicial custody after she was produced at the judge's residence by Delhi Police. The court issued notice on her bail plea and listed it for hearing on September 17. It also directed jail authorities to ensure she receives proper medical care. Senior Advocate Vikas Pahwa, alongwith Advocate Prabhav Ralli appearing for Kaur, opposed the police's remand request, contending that there was a 10-hour delay in the registration of the FIR. Advocate Ishan Dewan represented the victims. Police have invoked provisions relating to culpable homicide not amounting to murder, among other sections. The prosecution claims Kaur's BMW struck a divider and flipped, leading to a sequence in which the victim's motorcycle came into contact with a DTC bus. Kaur, her family members, and the motorcyclists were injured and taken to the hospital before her arrest on September 15. She is to remain in judicial custody until her bail plea is decided on September 17. (ANI)
New Delhi [India], December 2: The IVCA GreenReturns Summit 2024 commenced today in New Delhi, convening over 400 visionaries, investors, policymakers, and entrepreneurs to chart a transformative path for India's green economy. The Summit is dedicated to aligning India's climate goals with its trillion-dollar economic aspirations for a 'Viksit Bharat,' spotlighting high-impact investment opportunities, addressing funding gaps, and driving actionable solutions for net-zero and climate adaptation. Also Read | Mamata Banerjee Says West Bengal Yet To Get INR 14,000 Crore From Centre for Supply of ...Read More >
In a closed courtroom session, the Rouse Avenue court in Delhi recorded the key witness's testimony in the sexual harassment case involving former BJP MP Brij Bhushan Sharan Singh. The session, held on Tuesday, lasted over two hours, with further proceedings scheduled for December 10. On Tuesday, the Rouse Avenue court in Delhi heard pivotal testimony behind closed doors from the primary witness in the sexual harassment case involving women wrestlers. Central to the charges is former BJP MP and erstwhile Wrestling Federation of India (WFI) chief Brij Bhushan Sharan Singh. Presiding over the ...Read More >
A temple locked since 1978 communal riots in Sambhal, Uttar Pradesh, has been reopened by authorities during an anti-encroachment drive. The Bhasma Shankar temple, containing idols of Lord Hanuman and a Shivling, was rediscovered during an electricity theft inspection. This follows recent violence and heightened tensions in the area, including a mosque survey dispute and loudspeaker fine.The Sambhal administration here on Saturday uncovered and reopened a temple, which is said to have been closed ...Read More >
Bengaluru: Bengaluru Police have arrested Nikita Singhania, the wife Atul Subash who died by suicide, along with her mother, Visha Singhania, and brother, Anurag Singhania, in connection with an abetment of suicide case. They were picked up from Gurugram and Prayagraj respectively and have been produced in the court. The accused are currently in a judicial custody. According to Bengaluru Police, the wife of Subash, Nikita Singhania is A1 in the case whereas her mother Visha Singhania and brother Anurag Singhania were named as A2 and A3 in the case. All three were arrested on Saturday morning ...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 >
New Delhi [India], January 21 (ANI): The Centre is expected to continue its fiscal consolidation efforts in FY26, with a fiscal deficit target of 4.5 per cent of GDP, according to a report by Emkay Research. For FY25, the report noted that the fiscal deficit is estimated to track close to 4.7 per cent, while states are likely to record a fiscal deficit of 3.2 per cent of GDP. It said "we do not see the Centre deviating from its consolidation path in FY26, and is likely to target 4.5 per cent GFD/GDP. States, on the other hand, are likely to now hug the 3 per cent of GDP target (+/-0.2 per ce ...Read More >
New Delhi [India], November 26 (ANI): Responding on the arrest and denial of bail of Chinmoy Krishna Das the Ministry of External Affairs on Tuesday urged Bangladeshi government to ensure the safety and security of Hindus. "We have noted with deep concern the arrest and denial of bail to Shri Chinmoy Krishna Das, who is also the spokesperson of the Bangladesh Sammilit Sanatan Jagran Jote", the statement said. "This incident follows the multiple attacks on Hindus and other minorities by extremist elements in Bangladesh. There are several documented cases of arson and looting of minorities' ho ...Read More >
New Delhi [India], December 11 (ANI): Veteran Telugu actor Mohan Babu has been booked for allegedly assaulting a journalist at his residence in Jalpalli, Rangareddy district, on the evening of December 10, 2024. The incident occurred around 7:50 pm, when the journalist, along with other media personnel, was covering the ongoing dispute between the actor and his son, actor Manchu Manoj. According to the police FIR, a formal complaint was lodged by the reporter, at 10:55 pm on the same day, following the alleged assault. The statement was recorded by B. Dayakar Reddy, Sub-Inspector of Police a ...Read More >
Also Read | Sambhal sparks rift: INDIA bloc allies face leadership turmoil? "Multiple encroachments are being seen around the area," Sambhal DM Rajendra Pensia told ANI. Pensia said, "There was encroachment on roads, sewers, water bodies, and that too for a long time. We are undertaking an 'abhiyan' (drive) to fix it. We launched a campaign in Chandausi and we had decided we would start the campaign here in November. But we could not start." The DM stated the anti-encroachment drive will conti ...Read More >
New Delhi [India], December 18 (ANI): The National Investigation Agency (NIA) on Wednesday carried out searches at 17 locations across four states in connection with its ongoing investigation into a case linked to the recovery of AK-47 assault rifle and ammunition in Bihar. The raids began in the early hours of the day at locations across four states, including Bihar. NIA officials conducted search operations at the residences of suspects linked to the case, which is connected to the Fakuli Police Station in Bihar's Muzaffarpur district. Also Read | Kurla BEST Bus Accident: Driver Was Not Dr ...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, Dec 11 (PTI) A Delhi court has sought a report from police commissioner Sanjay Arora asking why no efforts were made to arrest a man who was serving 10 years in jail in a drugs case but jumped interim bail in 1998 to be held only recently. Additional sessions judge Ekta Gauba Mann was hearing the proceedings regarding a 1994 FIR registered in Jama Masjid Police Station, wherein the investigating officer produced the accused Ashok Kumar Yadav before the court. The court noted the IO's submissions that Yadav was convicted under Section 20 (contravention in relation to cannabis plant ...Read More >
New Delhi [India], December 11 (ANI): Rohini District Court on Wednesday issued a notice to BJP MP Bansuri Swaraj in a civil defamation suit filed by AAP leader Satyendra Jain. Jain has stated that Bansuri Swaraj made defamatory remarks in an interview with a television channel in October 2023. Senior Civil Judge Naina Gupta issued notice to Bansuri Swaraj and others and sought a response to the suit. The next date of hearing is 22 February 2025. Jain has prayed for direction to the TV channel to take down the content in question and restrain her from making further statements. Jain has cla ...Read More >
Hours after Atul Subash's wife Nikita Singhania, her mother Nisha and brother Anurag were arrested for allegedly abetting the suicide, the Bengaluru techie's father, Pawan Kumar Modi has questioned where Atul's four-year-old son is and said the family was worried about him. Modi thanked the police for arresting the woman and her family members. However, he said, "We don't know where she has kept our grandson. Has he been killed or is he alive? We don't know anything about him. I want my grandson ...Read More >
New Delhi [India], January 27 (ANI): Delhi Police detained BJP workers and leaders who were protesting against AAP national convener Arvind Kejriwal and the Punjab Government regarding the vandalism of a statue of Babasaheb Ambedkar in Amritsar on Monday. The Delhi BJP, led by party chief Virendra Sachdeva, MP Yogender Chandolia, and national general secretary Dushyant Kumar Gautam, protested against AAP national convener Arvind Kejriwal and the Punjab Government. This demonstration was in response to the vandalism of a statue of Babasaheb Ambedkar in Amritsar. Also Read | Maha Kumbh Mela 20 ...Read More >
New Delhi: Rajya Sabha MP Swati Maliwal with women from purvanchal stages a protest against AAP convenor Arvind Kejriwal in New Delhi, Monday, Feb. 3, 2025.Source : PTI Delhi Police on Monday detained Rajya Sabha MP Swati Maliwal as she protested outside Aam Aadmi Party (AAP) national convenor Arvind Kejriwal's residence over the government's failure to clean the Yamuna River. Maliwal, accompanied by a group of women from Purvanchal, carried water collected from the Yamuna to Kejriwal's residence, accusing him of neglecting the river's worsening condition. Speaking to news agency ANI, she re ...Read More >
In a miraculous turn of events, a seven-year-old boy who was kidnapped from Uttar Pradesh's Ghaziabad district more than 30 years ago has reunited with his family. IMAGE: Raju was kidnapped when he was seven-year-old from Uttar Pradesh's Ghaziabad district. Photograph: ANI Now 38, Raju shared his ordeal and said that after being abducted in September 1993, he was handed over to a truck driver who took him to Jaisalmer in Rajasthan. "The kidnappers kept me in a room located in the middle of a barren area, where I was forced to take care of sheep and goats. Each night, I was chained and locke ...Read More >
Kuldeep Singh Sengar is also serving a 10-year jail term in connection with the custodial death of the Unnao rape victim's father. Kuldeep Singh Sengar sought interim bail on the grounds that he was suffering from various ailments The Delhi High Court on Thursday granted a two-week interim bail on medical grounds to expelled BJP leader Kuldeep Singh Sengar who is serving life term for raping a minor in Uttar Pradesh's Unnao in 2017. A bench headed by Justice Prathiba M Singh suspended the sent ...Read More >
Mumbai (Maharashtra) [India], December 11 (ANI): The case of Bengaluru Techie Atul Subhash who died by suicide citing alleged harassment by his estranged wife has opened up a debate on misuse of ant--dowry lawy. Mumbai-based lawyer Abha Singh described the case as a 'gross misuse of law,' stating that false charges and harassment led to the death of the victim, suffering from harassment from his wife and in-laws. Lawyer Abha Singh also emphasized that the misuse of dowry laws could ultimately deny justice to those who genuinely need protection. Also Read | Atul Subhash Suicide Case: 4 People ...Read More >
A bench of Justices Vibha Kankanwadi and Rohit Joshi at Aurangabad noted in its order of December 11 that the woman's daughter, only four years old, is being kept away from her despite a lower court's order. Such behaviour amounts to 'cruelty' as defined under section 498-A of the IPC. (Representational) Mumbai: The Bombay High Court has held that not letting a child meet her mother amounts to 'cruelty' under the Indian Penal Code, and refused to quash a First Information Report registered aga ...Read More >
Bengaluru, Dec 14 (UNI) The tragic suicide of 34-year-old tech professional Atul Subhash has led to the arrest of his estranged wife and her family members in connection with allegations of harassment, extortion, and financial abuse. Subhash, a resident of Manjunath Layout in Bengaluru, was found dead in his apartment on December 9, leaving behind a 25-page suicide note. In the note, he accused his wife, Nikita Singhania, and her family of subjecting him to relentless emotional and financial distress during their ongoing divorce proceedings. Following a complaint filed by Atul's brother, Bik ...Read More >
Kochi: The Kerala High Court on Friday postponed the hearing for businessman Boby Chemmanur's bail application in the sexual harassment case brought by actress Honey Rose to January 14, highlighting the necessity for the state government to submit its response. The court also expressed concerns regarding the urgency of this case and underscored the importance of resolving other outstanding cases. Chemmanur was taken into custody by the Ernakulam Central Police in Wayanad on Wednesday. The Ernakulam First Class Judicial Magistrate Court subsequently remanded him to 14 days of judicial custody ...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 >
Mumbai: The Azad Maidan police have registered a case of murder in connection with the mysterious death of a 70-year-old man, Amrutlal Krantilal Patel, in 2021. The FIR has come after directives from the sessions court. The case was filed after Patel's sister, Jyotsnaben Patel, alleged foul play and sought legal intervention. About The Case Patel, a resident of Navsari in Gujarat, had been brought to Bombay Hospital on April 16, 2021, due to deteriorating health but passed away before admission. At the time, the police had classified the case as an accidental death, with an autopsy confirmin ...Read More >
Delhi Triple Murder: Within hours of investigating the horrific murders of a couple and their 23-year-old daughter in South Delhi's Neb Sarai, Delhi police have revealed that the killings were carried out by their son, Arjun Tanwar. Initially, Arjun claimed he had been out on a morning walk when the murders occurred. Ex-army man Rajesh Kumar (51), his wife Komal (46) and their daughter Kavita (23) were found dead at their house in Deoli village on Wednesday morning. Arjun, who is currently studying political science at Delhi University, is also a trained boxer and a silver medalist at a stat ...Read More >
MUMBAI: The case of Bengaluru Techie Atul Subhash who died by suicide citing alleged harassment by his estranged wife has opened up a debate on misuse of anti dowry law. Mumbai-based lawyer Abha Singh described the case as a 'gross misuse of law,' stating that false charges and harassment led to the death of the victim, suffering from harassment from his wife and in-laws. Lawyer Abha Singh also emphasized that the misuse of dowry laws could ultimately deny justice to those who genuinely need protection. "Dowry laws, being made to protect women should not be misused because if some women are ...Read More >
Imphal (Manipur) [India], January 10 (ANI): Manipur Chief Minister N Biren Singh praised the successful anti-drug operation in Ukhrul district, where combined forces destroyed 90 acres of poppy plantations, burned 12 huts, and registered FIRs for further investigation. "90 acres of poppy plantation destroyed in Ukrhul. In another successful mission under the War on Drugs campaign, combined forces of Ukhrul district police, 6 MR, 18 AR and the Forest Department destroyed 90 acres of poppy plantation and burned down 12 huts in the Phalee hill range under Lungchong Maiphei (LM) Police Station in ...Read More >
New Delhi [India], January 22 (ANI): The Supreme Court on Wednesday issued notice to the Madhya Pradesh government on a plea seeking a CBI/SIT investigation into the murder of a 20-year-old Dalit woman along with her two family members in Madhya Pradesh's Sagar. A bench of Justices JK Maheshwari and Aravind Kumar sought a response from the Madhya Pradesh government and CBI on the plea also seeking immediate and effective police protection for the members of the family of the deceased. Also Read | Suicide Pact Tragedy: Pregnant Teenage Girl Jumps off 3rd Floor of Building in Surat, Lover Who ...Read More >
New Delhi, Dec 3 (PTI) A court here on Tuesday extended the police custody of AAP MLA Naresh Balyan by a day in an extortion case lodged last year. Additional Chief Metropolitan Magistrate Paras Dalal passed the order on an application filed by the Delhi Police, seeking the custody of the legislator from Delhi's Uttam Nagar Assembly segment for two more days. The court also sought the police's response to a bail application filed by Balyan. It issued notice to the Delhi Police and directed it to file its response by Wednesday when Balyan will be produced before the court. The police claimed ...Read More >
New Delhi [India], December 10 (ANI): Delhi Chief Minister Atishi on Tuesday raised concerns about the Rajouri Garden based Jungle Jamboree restaurant's safety record after a fire broke out on Monday spreading to the coaching centre above it. The Delhi CM visited the fire incident site of Rajouri Garden and took stock of the situation saying that the fire NOC of the restaurant had been cancelled by the Fire Department, and the Municipal Corporation of Delhi (MCD) had also ordered its closure. Despite this, the restaurant was still operating, prompting an investigation by the Delhi Police. Pr ...Read More >