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], December 26 (ANI): India's real estate sector experienced a significant surge in demand in November 2024, with a decline in new property launches according to a report by Nuvama. The report highlighted a sharp divergence between demand and supply trends, driven by a growing preference for premium properties across the country. "Demand surges; launches fall.... The ongoing premiumisation trend in India's property space implies that volume-value trends have diverged sharply" said the report It highlighted that by volume, the supply and demand in the top seven cities dropped 53 per cent and 7 per cent year-on-year (YoY), respectively, in November. The report stated that the premium and luxury housing segments have been driving the growth, pushing average property prices higher in major cities. The NCR saw a remarkable 44 per cent YoY surge in average prices, followed by Kolkata (37 per cent). In cities like MMR and Bengaluru, prices increased 14-17 per cent YoY, while other cities recorded a 6-9 per cent YoY rise. "With the luxury/premium housing segment performing well, prices have surged in all major cities" said the report. However, when evaluated by value, the trends paint a contrasting picture. While the supply of properties by value fell 44 per cent YoY, demand showed a robust growth of 16 per cent YoY. On a year-to-date (YTD) basis, the supply and demand by value grew 9 per cent and 13 per cent, respectively. The report also noted an increase in unsold inventory by value, which rose 5 per cent YoY. Despite this, the months of inventory available in the market dropped slightly to 16 in November from 17 in October, reflecting faster sales in the market. In terms of housing sales by value, November saw a 16 per cent YoY and 2 per cent month-on-month (MoM) growth. Among cities, the National Capital Region (NCR) recorded an impressive 151 per cent YoY rise in sales, followed by Chennai and Kolkata. However, the report highlighted that the sales declined in Hyderabad. For the calendar year 2024, sales value has risen across most cities, with NCR leading the way with a 68 per cent YoY jump. Other cities like Kolkata, Mumbai Metropolitan Region (MMR), and Bengaluru also witnessed sales value growth of 12-15 per cent YoY. With real estate valuations still considered attractive, Nuvama believes the sector holds strong potential for medium-term growth, supported by improving cash flows and rising demand for premium properties. (ANI)
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], July 1 (ANI): The Enforcement Directorate (ED) has seized several incriminating documents, digital devices, and details of movable and immovable properties during searches conducted at 13 locations in Delhi, NCR and Punjab's Mohali in an ongoing investigation against Raheja Developers Ltd, its Directors, and others, the agency said on Tuesday. The raids were conducted on June 27 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. The federal agency initiated an investigation on the basis of multiple First Information Reports (FIRs) registered by De ...Read More >
New Delhi [India], July 10 (ANI): Former Delhi Chief Minister and Aam Admi Party (AAP) leader Arvind Kejriwal expressed concern for the safety of residents after strong tremors from a 4.4 magnitude earthquake, with its epicentre in Haryana Jhajjar district, were felt across Delhi-NCR on Thursday morning. Hope everyone is safe after the earthquake. Praying for the well-being of all, Kejriwal posted on X. According to the National Centre for Seismology (NCS), the earthquake struck Haryana Jhajjar district at around 9:04 am at a depth of 10 km. Strong tremors were reported in Delhi, Noida, Gur ...Read More >
New Delhi [India], July 10 (ANI): Delhi Chief Minister Rekha Gupta on Thursday claimed that there was no waterlogging in the national capital following heavy rain in Delhi-NCR from Wednesday night. CM Rekha Gupta said, 'We are solving the backlog of the last 27 years of Delhi one by one. Even after such heavy rains, there was no waterlogging in Delhi.' She added that there was no waterlogging at Minto Bridge, which made headlines in the media every monsoon. 'It was a trend for a picture of a waterlogged Minto Bridge to be published in the newspapers. But this time it did not happen,' the Ch ...Read More >
New Delhi [India], June 7 (ANI): In view of rising pollution levels, the Commission for Air Quality Management (CAQM) has enforced Stage-I of the Graded Response Action Plan (GRAP) in Delhi-NCR with immediate effect. The action came after Delhi's Air Quality Index (AQI) was recorded at 209, which falls under the 'Poor' category. The decision was a comprehensive review by the CAQM Sub-Committee, which convened on Saturday and reviewed the air quality scenario in the region, as well as the IMD/IITM forecasts and air quality index of Delhi comprehensively. 'The AQI of Delhi has shown an increa ...Read More >
Mumbai: To bring discipline to urban traffic and avoid unnecessary congestion on roads, the Urban Development Department must amend its policy to strengthen the parking system, said Maharashtra Transport Minister Pratap Sarnaik. He emphasized the importance of introducing an integrated parking system in metropolitan cities. Minister Sarnaik was speaking at a meeting of municipal commissioners from the Mumbai Metropolitan Region (MMR), held at Mantralaya. The meeting included officials such as Additional Secretary of the Transport Department Sanjay Sethi, Additional Secretary of the Urban Deve ...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 >
Moga (Punjab) [India], July 7 (ANI): In Punjab's Moga District, a doctor named Dr Aniljit Kamboj was attacked by people who came to his clinic posing as patients on Friday. Dr Kamboj was admitted to the hospital after being shot. SSP Moga Ajay Gandhi said that the police team has arrested three people involved in the incident. "On July 4, Dr Aniljit Kamboj was attacked by people who came to his clinic posing as patients. Dr Kamboj was admitted to the hospital after being shot...Barresoth, the shooters, and the person who provided them logistical support have been identified...The police team ...Read More >
New Delhi [India], July 11 (ANI): Residents across Delhi-NCR experienced mild tremors on Friday evening following an earthquake of magnitude 3.7 that struck Haryana's Jhajjar district, just a day after a stronger 4.4 magnitude quake hit the same region. According to the National Centre for Seismology (NCS), the quake occurred at 7:49 pm on Friday at a depth of 10 kilometres, with tremors felt across Delhi and its neighbouring regions. Residents displayed mixed emotions, ranging from worry to calm, in their reactions. Some said, 'We will pray to God to bless us,' while others said, 'I don't f ...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 >
Delhi residents breathed easier Thursday as air quality improved to 'moderate' after a month of severe pollution. The AQI dropped to 161, though some areas still experienced 'poor' air quality. Cooler temperatures and mist accompanied the improved air, with the minimum temperature reaching 9 degrees Celsius. The Supreme Court maintained GRAP-IV restrictions, demanding compensation for construction workers from NCR states.Residents in Delhi took a sigh of relief on Thursday as the air quality inde ...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], June 29 (ANI): The Delhi government has requested Rs 1,000 crore in funding from the Central government to deploy new technology and implement measures aimed at reducing the Air Quality Index (AQI) of the national capital, Minister Parvesh Sahib Singh said on Sunday during an inspection of Nehru Park. Minister Singh visited Nehru Park along with Delhi Environment Minister Manjinder Singh Sirsa, as part of the government's initiative to install air purifiers in the area. Also Read | US: 24-Year-Old Indian Woman Simran Simran Goes Missing Days After Arriving for Arranged Mar ...Read More >
New Delhi [India], July 3 (ANI): The Delhi NCT government on Thursday requested the Commission for Air Quality Management (CAQM) to place on hold the enforcement that mandates the denial of fuel to end-of-life vehicles in Delhi. In a letter to the Commission, Delhi Minister for Environment, Forests, and Wildlife, Manjinder Singh Sirsa, wrote that soon after the implementation of the direction, which came into effect on July 1, 2025, it was revealed that "certain issues" needed to be addressed before they could be fully implemented. Also Read | Happy Fourth of July 2025 Wishes and Quotes: Sen ...Read More >
New Delhi: The sudden and untimely death of television actress and Bigg Boss 13 fame Shefali Jariwala has sent shockwaves through the entertainment industry and among her fans. She was just 42 years old. According to reports, Shefali is believed to have died of a cardiac arrest, although an official confirmation of the cause of death is still awaited. In a statement to the press, Mumbai Police told news agency ANI, "Her body was found at her residence in Andheri area. Mumbai Police received information about this at 1 am. Her body has been sent to Cooper Hospital for postmortem. The cause of ...Read More >
NEW DELHI: Reacting to Delhi's fuel ban on diesel vehicles older than 10 years and petrol vehicles older than 15 years from today, AAP leader Saurabh Bharadwaj said that this step was impractical and the BJP did not know how to run the government. Saurabh Bharadwaj said, "Didn't they have any other way of stopping old vehicles? Now that the Monsoon has hit Delhi, will they conduct a pilot project for artificial rain? You've (BJP) filled in small potholes but left the larger ones as they are. Owners of Petrol Pump Associations say that this step is impractical. Will the petrol pump operator fi ...Read More >
Chandigarh [India], July 8 (ANI): Haryana Chief Minister Nayab Singh Saini on Monday shared information on various schemes started by his government and highlighted his government's achievements while addressing a state-level function to commemorate the birth anniversary of Baba Lakkhi Shah Vanjara in Chandigarh. CM Nayab Singh Saini said, "...Under the Mukhyamantri Shehri Awas Yojana, we have allocated a plot of 30 yards to those poor families residing in the city who do not have their own house, and we have allotted plots to 15,256 such families. I am happy that today the elderly do not nee ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
New Delhi [India], July 13 (ANI): The Crime Branch of Delhi Police has achieved a significant breakthrough in its efforts to combat crime in the city. A dangerous day burglar gang has been smashed, and two individuals, including a major burglar, have been apprehended. The Crime Branch of Delhi Police apprehended two accused, including a Child in Conflict with Law (CCL) and a 22-year-old identified as Aftab alias Sukha, from the Sector 10/11 area near Japanese Park in Rohini. 53 high-end phones were recovered from the possession of the accused, along with house-breaking tools were seized from ...Read More >
New Delhi [India], July 14 (ANI): Delhi experienced a fresh spell of rain on Monday, making the weather pleasant in the national capital. Areas including Chirag Delhi, Teen Murti Marg and Safdarjung Road witnessed showers; meanwhile, heavy waterlogging occurred at the Badarpur border between Delhi and Faridabad. Meanwhile, in Noida, massive traffic congestion was witnessed following rainfall in the region. As a fresh spell of rains occured in the national capital on Monday morning, the India Meteorological Department forecastt moderate to heavy rainfall in the entire Delhi and NCR on July 1 ...Read More >
Mumbai (Maharashtra) [India], December 2: Dosti Realty, a leading brand in the real estate sector recognised for delivering exceptional residential experiences and premium lifestyle projects across the Mumbai Metropolitan Region has announced the "Good Buy 2024" campaign for aspiring homeowners. An ideal way to bid farewell to the year, the Dosti Realty campaign is designed to resonate with the spirit of the year-end, inspiring homebuyers to make meaningful investments that shape their future. Also Read | Farmers Protest: Massive Congestion at Delhi-Noida Border as Police Set Up Barricades Ah ...Read More >
New Delhi [India], July 5 (ANI): The Department of Consumer Affairs, Government of India, and the Bureau of Indian Standards (BIS) appeal to consumers across the country to use only BIS-certified helmets. Additionally, the Department has called for strict enforcement against the manufacture or sale of helmets without BIS certification, a press release said With over 21 crore two-wheelers on Indian roads, rider safety is paramount. While wearing a helmet is mandatory under the Motor Vehicles Act, 1988, its effectiveness depends on quality. Sub-standard helmets compromise protection and defeat ...Read More >
New Delhi [India], July 5 (ANI): In a concerted effort to accelerate coordinated action towards abatement of air pollution in the region, the Commission for Air Quality Management in NCR and Adjoining Areas (CAQM) under the Chairmanship of Rajesh Verma, held two significant high-level review meetings on July 3. The senior officials of the Commission, along with the Chief Secretaries and senior officers of the two State Governments, Haryana and Punjab, were present at the meeting. According to the release, the review aimed to strengthen interdepartmental coordination in the two States, as men ...Read More >
Chennai (Tamil Nadu) [India], July 9 (ANI): More than half of all tuberculosis (TB) deaths occur within the first two months of treatment. In response, the Indian Council of Medical Research-National Institute of Epidemiology (ICMR-NIE) has introduced a new alert feature designed to immediately notify frontline healthcare workers when a patient is identified as severely ill following a TB diagnosis. Also Read | Delhi-NCR Rains: Waterlogging and Traffic Disruptions in Several Areas As Sudden Spell of Heavy Rain Batters National Capital; IMD Issues Red Alert (Watch Video). The predictive model ...Read More >
New Delhi [India], July 9 (ANI): Heavy rains lashed parts of Delhi and the National Capital Region (NCR) on Wednesday, bringing relief from days of intense heat. Waterlogging was witnessed in several parts of Delhi. Traffic also came to a standstill in many parts of the national capital following the heavy rainfall. According to sources, due to bad weather in Delhi, a total of six flights have been diverted from IGI Airport, including two to Lucknow and four to Jaipur. The diversions were necessary as poor weather conditions impacted visibility and flight operations. Meanwhile, Indigo Airli ...Read More >
New Delhi [India], July 10 (ANI): Delhi is experiencing incessant rainfall since Wednesday causing water logging in several areas including Bindapur in Uttam Nagar, where roads are submerged under water. The water logging has made the day to day activities of residents difficult. The rains lashed parts of Delhi and the National Capital Region (NCR) on Wednesday, bringing relief from days of intense heat. Waterlogging was witnessed in several parts of Delhi. Traffic also came to a standstill in many parts of the national capital following the heavy rainfall. Aam Aadmi Party ( AAP) Delhi Pres ...Read More >
New Delhi [India], July 13 (ANI): The Crime Branch of Delhi Police has achieved a significant breakthrough in its efforts to combat crime in the city. A dangerous day burglar gang has been smashed, and two individuals, including a major burglar, have been apprehended. The Crime Branch of Delhi Police apprehended two accused, including a Child in Conflict with Law (CCL) and a 22-year-old identified as Aftab alias Sukha, from the Sector 10/11 area near Japanese Park in Rohini. Also Read | Railway Minister Ashwini Vaishnaw Approves To Install CCTV Cameras in All 74,000 Coaches To Enhance Passen ...Read More >
CHENNAI: Top metros recorded a YoY decline in housing sales for the second consecutive quarter during the current calendar year. Housing sales dropped by 20% in Q2 CY2025 at 96,285 units against 1,20,335 units in the same quarter last year (April-June CY2024), a report by property consultant Anarock said. The dip was 28% in the previous quarter Q1 (Jan-March) CY2025 over Q1 CY2024. However, housing sales marginally rose by 3% QoQ (Q1 vs Q2) this year (CY2025). The report released on Thursday said, Mumbai Metropolitan Region (MMR) and Pune with the highest sales among the seven top metros in Q2 ...Read More >
Kolkata (West Bengal) [India], June 28 (ANI): Kolkata Police on Saturday arrested the guard of the South Calcutta Law College, where a female student was allegedly gang-raped. Kolkata police said, "Guard of the Law College, Pinaki Banerjee (55) has also been arrested in the case." Also Read | Kolkata Rape Case: Law College Student Gang Raped 'For Rejecting' Marriage Proposal From Prime Accused; Shocking Details Emerge. A female student was allegedly gang-raped inside the South Calcutta Law College in Kolkata's Kasba on Wednesday. Earlier, the police had arrested three accused within 24 hou ...Read More >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >