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.
Justice Surya Kant highlighted delays in arbitration, undermining its intended swiftness, during the Delhi Arbitration Weekend. He stressed the need for quality, consistent arbitral awards to enhance India's global standing as a preferred arbitration seat. Justice Kant also emphasized the importance of independence, integrity, and minimal judicial intervention in the arbitration process. Supreme Court judge Justice Surya Kant on Sunday flagged the issue of delay in arbitration, saying what was o
Story so far: India celebrated its 75th year of adoption of its Constitution on Tuesday (November 26, 2024) with President Droupadi Murmu addressing a joint session of parliament. While the Constitution of India hits its diamond jubilee this year, event commemorating is as 'Constitution Day' was started only in 2015. Prior to this, it was called 'National Law Day' -- first initiated by former Supreme Court Bar Association (SCBA) president Laxmi Mall Singhvi in 1979. "The Indian Constitution is a live, progressive document," said Ms. Murmu adding, "I urge all citizens to imbibe the constitutio ...Read More >
New Delhi, Dec 11 (SocialNews.XYZ) Congress on Wednesday gave a notice to move a motion for the adjournment of the business of the Lok Sabha to discuss the recent statements made by a sitting judge of the Allahabad High Court. "I hereby give notice of my intention to ask for leave to move a motion for the adjournment of the business of the house for the purpose of discussing a definite matter of urgent importance, namely:- The recent statements made by a sitting judge of the Allahabad High Court..." said K. Suresh, Congress MP and party's Chief Whip in the Lower Hosue. He said in the notice ...Read More >
Bengaluru: Mysuru Dasara is set to run for 11 days this year -- a rare extension driven by celestial alignment and cultural planning -- with the inaugural ceremony on Sept 22 and the grand Jamboo Savari taking place on Oct 2, coinciding with Vijayadashami and Gandhi Jayanti.Chairing a high-level meeting at Vidhana Soudha Friday, chief minister Siddaramaiah said, "Mysuru Dasara in 2025 will be celebrated for 11 days, due to a unique astronomical occurrence -- the Panchami tithi (fifth lunar day) will appear on two consecutive days, Sept 26 and 27, a rare alignment that hasn't occurred in nearly ...Read More >
The Supreme Court on Tuesday (November 26, 2024), indicated a level of hypocrisy attached to criticism about Electronic Voting Machines (EVM), saying ""EVMs are tampered when you lose and fine if you win". The oral remark was made by Justice Vikram Nath before dismissing a petition filed by evangelist K.A. Paul, who urged for a judicial order to return to paper ballots. Also read:EVM-VVPAT case | Cannot disclose 'source code' of EVMs, will result in misuse: Supreme Court Justice Nath, during the hearing, asked Mr. Paul whether he wanted to turn the court into a political arena. Mr. Paul sa ...Read More >
New Delhi, Dec 12 (VOICE) The Supreme Court on Thursday ordered that no fresh suits would be registered under the Places of Worship Act in the country, and in the pending cases, no final or effective orders would be passed till further orders of the Apex Court. A Special Bench headed by CJI Sajiv Khanna asked the Union government to file within four weeks its reply to the clutch of petitions challenging the validity of the 1991 Act, which prohibits the filing of a lawsuit to reclaim a place of worship or seek a change in its character from what prevailed on August 15, 1947. The Bench, also c ...Read More >
New Delhi, Jan 28 (VOICE) The Muslim women have been empowered further by the Central government as they have been also included as members of the Waqf boards. Some of the key provisions of the Waqf Amendment Bill, 2025 are as follows: two Muslim women will continue to be included as members in both the State Waqf Boards (Section 14) and the Central Waqf Council (Section 9) to ensure Muslim women's empowerment and participation in waqf management. Also, the State Waqf Boards will now include one member from the Muslim OBC community, ensuring broader representation (Section 14). The informat ...Read More >
New Delhi: A 90-day nationwide mediation campaign to resolve pending disputes across courts -- from district courts to high courts -- will begin on July 1, the Supreme Court's mediation and conciliation project committee (MCPC) and the national legal services authority (NALSA) announced on Thursday. The campaign, Mediation for the Nation, will be organised under the guidance of Chief Justice of India (CJI) Bhushan R. Gavai, patron of NALSA, along with NALSA executive chairman and senior Supreme Court judge, Justice Surya Kant. A release issued by the Supreme Court said that the pan-India cam ...Read More >
A top Army officer has raised significant concerns in his review of women Commanding Officers (COs), flagging "ego issues", "frequent complaints", and "lack of empathy". The feedback letter was written by Lieutenant General Rajeev Puri, the outgoing Corps Commander of the 17 Corps, to the General Officer Commanding-in-Chief of the Eastern Command. The letter, dated October 1, 2024, provides an analysis of challenges observed in units led by women COs within the 17 Corps over the past year. The letter has sparked discussions within the military and among defence analysts about the Army's effor ...Read More >
The Supreme Court halted new temple-mosque legal battles. The court will review the 1991 law impacting religious site status. This law froze the status of religious sites as of August 15, 1947. Several cases, including Gyanvapi and Shahi Idgah, challenge this law. The law's validity is being questioned. The court's decision impacts ongoing and future disputes.In its ruling on the keenly-watched Place of Worship Act case, the Supreme Court said on December 12 that no new Mandir-Masjid suits are to ...Read More >
Mumbai, June 27, 2025 -- Indian equity benchmarks, Sensex and Nifty 50, are poised for a strong start on Friday, riding the wave of global optimism and supportive domestic sentiment. Gift Nifty was trading around 25,715, nearly 100 points above Nifty futures' previous close, signaling a positive bias at the opening bell. The Nifty 50 had closed Thursday at a 9-month high of 25,549, while the Sensex rallied 1,000 points to end at 83,755. With the Israel-Iran ceasefire holding, investor sentiment across Asia and the US improved further overnight. Also Read: Bank Nifty Hits Record 57,076; HDFC ...Read More >
New Delhi: The Hague-based Court of Arbitration (CoA), examining the design of Kishanganga and Ratle hydropower projects at Pakistan's behest, in a 'supplementary award' declared that it was competent to address the dispute under the Indus Waters Treaty (IWT) despite India's decision to put the agreement in abeyance. India, however, firmly rejected this order, terming the court itself as "illegal" - a position taken much before the Pahalgam attacks. New Delhi had decided to cooperate only with neutral expert, asserting that two simultaneous processes cannot be in play. "This latest charade a ...Read More >
Jodhpur/Jaipur: In a sharp escalation of political wrangling, former chief minister Ashok Gehlot Friday accused BJP and RSS of harbouring a long-standing agenda to amend India's Constitution. His remarks came in response to controversial statements made by RSS general secretary Dattatreya Hosabale, who suggested changes to the Preamble.Speaking in Jodhpur, Gehlot cited multiple Supreme Court judgments, including the landmark 1973 Kesavananda Bharati case, to emphasise the legal sanctity of the Constitution's Preamble. "This interpretation was further fortified in 1976 by then Prime Minister In ...Read More >
New Delhi, Jun 5 (PTI) Chief Justice of India B R Gavai on Thursday said India has continuously aspired to become a hub of international arbitration by building a progressive legislative framework, a pro-enforcement judiciary and robust institutional support. In his keynote address on "Arbitrating Indo-UK Commercial Disputes" as part of the London International Disputes Week, the CJI said India and the United Kingdom shared a rich history, bound by a common legal heritage rooted in the principles of common law. He referred to the July 2018 memorandum of understanding signed between India and ...Read More >
New Delhi: Lawyers from the district courts decided on Saturday to roll back their decision to abstain from work in protest against the shifting of the judges of the 34 digital Negotiable Instruments Act courts to the Rouse Avenue courts.A statement released by the All District Courts Bar Association of Delhi on Saturday said that the lawyers' coordination committee met the chief justice of Delhi High Court and was assured that all digital courts would function strictly as digital platforms only. The remaining proceedings and judicial work only would be conducted in the regular local courts, t ...Read More >
Punjab farmer leader Jagjit Singh Dallewal's hunger strike enters its 17th day. His health is critical. The Supreme Court urges dialogue between the government and Dallewal. Dallewal demands MSP guarantee and other farmer-centric issues. He has written an open letter to the Prime Minister. Farmers' organizations continue their protests at the Punjab-Haryana border.The Supreme Court on Friday expressed serious concern over the deteriorating health of Punjab farmer leader Jagjit Singh Dallewal, who ...Read More >
New Delhi, January 27: The Supreme Court has upheld an order passed by the apex court registry in August 2024 refusing to admit a lawyer's application seeking direction to SEBI to submit its conclusive probe report into the Adani-Hindenburg controversy. Advocate Vishal Tiwari had moved an appeal against the order passed by the Registrar on August 5 last year. Earlier on July 15, 2024, the top court had dismissed a review petition filed against its earlier verdict refusing to form any SIT or group of experts to conduct an investigation. After perusing the review petition, a bench, headed by 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: India on Friday strongly rejected a ruling by the Permanent Court of Arbitration in The Hague regarding two hydroelectric projects in Jammu and Kashmir, stating that it has never recognised the so-called framework for dispute resolution with Pakistan. India rejects this so-called "supplemental award", the Ministry of External Affairs (MEA) said, referring to the ruling in the case related to Pakistan's objections to Kishenganga and Ratle hydropower projects. In its ruling, the Court of Arbitration stated that India's April decision to put the Indus Waters Treaty on hold "does not ...Read More >
New Delhi: The Supreme Court on Thursday directed courts across the country to refrain from admitting or passing any new orders on pleas seeking surveys of mosques to determine if temples lie beneath them. This decision extends to existing suits, halting any further orders on the matter. The directive was issued as the apex court continued hearing petitions challenging the constitutional validity of the Places of Worship (Special Provisions) Act, 1991. This Act prohibits filing lawsuits to reclaim places of worship or alter their character from what existed on August 15, 1947. Judicial Revie ...Read More >
Prime Minister Narendra Modi on Saturday said his government's policies and decisions were aimed at boosting India's strength and unity in line with the Constitution, while the opposition Congress had "tasted blood" by repeatedly wounding it.Prime Minister Narendra Modi on Saturday said his government's policies and decisions were aimed at boosting India's strength and unity in line with the Constitution, while the opposition Congress had "tasted blood" by repeatedly wounding it. Replying to a t ...Read More >
(The Hindu) - Chief Justice of India BR Gavai has said that he and his colleagues in the Supreme Court have publicly pledged to not undermine the public's trust in judicial integrity by accepting post-retirement roles or positions from the government. Speaking at a roundtable discussion at the Supreme Court of the United Kingdom, CJI Gavai observed that post-retirement posts that align former judges completely with the government of the day "can create a perception that judicial decisions were influenced by expectations of future political or governmental roles", LiveLaw reported. CJI Gavai ...Read More >
New Delhi: In a setback for former minister and Congress MLA Vinay Kulkarni, the Supreme Court Friday cancelled the bail granted to him in relation to BJP zilla panchayat member Yogeshgowdar murder case on grounds of attempts to influence witnesses. He was directed to surrender before the trial court or the jail authority within a month's time."It would suffice to state that there is sufficient material on record to suggest that attempts have been made by the respondent to either contact witnesses or, alternatively, influence them," a vacation bench of Justices Sanjay Karol and Sathish Chandra ...Read More >
Gurgaon: A chemist and a lab operator have been arrested for allegedly selling medical termination of pregnancy (MTP) kits illegally. Two separate FIRs were lodged against the accused at Sector 10 and Sector 9A police stations, police said on Friday.The pharmacy was sealed and medical officials have initiated proceedings to cancel its licence. District drugs control officer Suresh Verma said the department received information about illegal sales of MTP kits - also called abortion kits - from Juneja Chemist, located near Civil Hospital. A pregnant woman, who was deployed as a decoy customer, v ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
Chief Justice Sanjiv Khanna affirms the Supreme Court will not revert to the old method of adjournment requests via circulated letters, noting it as inefficient. He acknowledges the Indian legal system's evolution and emphasizes the Constitution's role in India's democratic growth during the Constitution Day celebration. In a bid to maintain judicial efficiency, Chief Justice of India Sanjiv Khanna declared on Tuesday that the Supreme Court will not revert to its earlier practice of handling adjournment requests through letter circulation. Speaking at the Constitution Day event hosted by the ...Read More >
NEW DELHI: India's new approach to treat any act of terror as an act of war has added a new dimension to the Navy's operational outlook after the conduct of Operation Sindoor against Pakistan, Admiral Dinesh K Tripathi said Friday."We must be prepared for this new normal," the Navy chief said at an investiture ceremony here. Over 35 Indian warships and submarines led by aircraft carrier INS Vikrant, with its MiG-29K fighters, were forward deployed in a dissuasive deterrent posture against Pakistan in the northern Arabian Sea last month."Our ships, submarines and aircraft were operationally rea ...Read More >
Zee Entertainment and Margo Networks lost an arbitration case against RailTel Corporation, a PSU. The dispute centered on the termination of a content-on-demand contract. The Arbitral Tribunal dismissed both Zee's claims against RailTel and RailTel's counterclaims. Zee may appeal to overturn the decision. Zee Entertainment Enterprises Limited (ZEEL) and its subsidiary Margo Networks faced a setback as their arbitration claims against RailTel Corporation of India were rejected. The case revolved around the controversial termination of a content-on-demand (COD) agreement by the public sector un ...Read More >
On November 16, Nayanthara lashed out at Dhanush for sending her a legal notice and demanding Rs 10 crore. Actor Dhanush has filed a civil lawsuit against Nayanthara, accusing her of using footage from his production Naanum Rowdy Dhaan in her Netflix documentary without his consent. According to The Hindu, the lawsuit was filed in the Madras High Court and names both Nayanthara and her husband, filmmaker Vignesh Sivan, as defendants. Wunderbar Films has filed an application with the Madras High Court requesting permission, under Clause 12 of the Letters Patent, to include Los Gatos Productio ...Read More >
The Supreme Court has directed all states and union territories to form internal complaints committees in all government departments and undertakings by specific deadlines. This directive aims to ensure uniform compliance with the POSH Act across the country, highlighting lapses in its enforcement and mandating surveys and reports on adherence.With a view to ensure a nationwide compliance of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, the Supreme Court on Tuesday directed all states and union territories to constitute an internal complaints co ...Read More >
Supreme Court NEW DELHI: The Supreme Court on Wednesday scheduled a hearing for February 4 to address petitions challenging the appointment process for the chief election commissioner (CEC) and election commissioners (ECs) under the 2023 law. The apex court said, "It will be the opinion of the court under Article 141 versus legislative power to enact law." A bench comprising Justices Surya Kant, Dipankar Datta, and Ujjal Bhuyal mentioned the critical issue at hand. It was informed by advocate Prashant Bhushan, representing an NGO, pointed out that incumbent CEC Rajiv Kumar is set to retire on ...Read More >