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.
Maharashtra government has proposed a land use change. The Worli Dairy land in Mumbai will become a commercial zone. This replaces earlier plans for a marine research institute. The Urban Development Department has issued a public notification. Citizens can submit objections and suggestions within one month. Mumbai Metropolitan Region Development Authority will implement the project. The Maharashtra government has proposed to convert the sea-facing Worli Dairy land, spread over nearly 16 acres i
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 >
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 >
Vijayawada: Chief Minister N Chandrababu Naidu on Friday unveiled an ambitious vision to transform Visakhapatnam into a new Mumbai over the next seven years. He directed officials to develop the 'Visakha Economic Region' as AP's primary growth engine, aiming for a staggering $120 billion economy from this region by 2032. The proposed economic region encompasses eight districts, including Visakhapatnam, Vizianagaram, Srikakulam, Anakapalli, Kakinada, East Godavari, Alluri Sitharama Raju (ASR), and Manyam. The Chief Minister has instructed the officials to launch projects that will significantl ...Read More >
Nainital (Uttarakhand) [India], June 7 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami inaugurated and laid the foundation stone of 27 development projects of Nainital district worth about 126 crore 69 lakhs in a program organised at Lalkuan, Nainital on Saturday. These projects include schemes related to education, road, medical, irrigation, sewerage, urban development, beautification and destitute cow protection. During this, 9 schemes were inaugurated at a cost of 25.93 crores and foundation stone were laid for 18 schemes at a cost of 100.76 crores. The Chief Minister said in his ad ...Read More >
Mumbai: The death toll in Monday's BEST bus crash rose to seven and the number of injured to 42 even as the driver, Sanjay More, booked for culpable homicide not amounting to murder, claimed he had noticed a spark and mistakenly accelerated the bus instead of applying brakes. Seeking More's custody, police said they want to investigate if he intentionally used the vehicle as a weapon. The bus on Route 332 had accelerated on a congested 200m stretch near Kurla station hitting vehicles and pedestr ...Read More >
Hyderabad: BJP MP and former minister in BRS government Eatala Rajendar spilled the beans before Justice PC Ghose Commission inquiring into the Kaleshwaram project on Friday. The BJP MP told the commission that the three barrages - Medigadda, Annaram and Sundilla were constructed only after the approval of CWC and Technical Committee and as per the recommendations of Cabinet Sub Committee headed by the then Irrigation minister T Harish Rao. Former Chief Minister K Chandrashekhar Rao was the brain behind the Kaleshwaram, the former minister said, adding that the Maharashtra government had opp ...Read More >
VIJAYAWADA: Chief Minister N Chandrababu Naidu has directed the officials to develop 'Visakha Economic Region' as the growth engine of Andhra Pradesh, with an aim to transforming it into a USD 120 billion economic region by 2032. He emphasised the need to develop Visakhapatnam on the lines of Mumbai in the next seven years. The Economic Region consists of eight districts including Visakhapatnam, Vizianagaram, Srikakulam, Anakapalli, Kakinada, East Godavari, ASR, and Manyam. The Chief Minister instructed officials to develop projects that would boost economic activity across this eight-distri ...Read More >
Mumbai, Jun 8 (PTI) The Congress on Sunday staged a protest against the Maharashtra government's decision to allot Mother Dairy's land in Kurla for rehabilitating ineligible slum-dwellers who will be displaced by the Dharavi redevelopment project. City Congress president Varsha Gaikwad, who led the demonstration, targeted the state government's decision with a "surrender" barb, alleging that the opposition by local people was ignored. "The market value of this land is in the hundreds of crores, but it is being handed over to Adani at a nominal price," she alleged. The Maharashtra cabinet la ...Read More >
Mumbai, Jun 8 (PTI) The Congress on Sunday staged a protest against the Maharashtra government's decision to allot Mother Dairy's land in Kurla for rehabilitating ineligible slum-dwellers who will be displaced by the Dharavi redevelopment project. City Congress president Varsha Gaikwad, who led the demonstration, targeted the state government's decision with a "surrender" barb, alleging that the opposition by local people was ignored. Also Read | Encroachers Can't Claim Right To Continue Occupying Public Land, Says Delhi High Court. "The market value of this land is in the hundreds of crore ...Read More >
Ludhiana, Jun 8 (PTI) Punjab Congress president Amrinder Singh Raja Warring on Sunday asserted that his party will win the Ludhiana West assembly bypoll, scheduled to be held on june 19, with a "record margin". "Congress practically has no competition here", he claimed. Warring, who is also the Ludhiana MP, said that the ruling Aam Aadmi Party (AAP) was badly mistaken that the Congress would allow it to abuse power and misuse the official machinery for the elections. "First of all, we will not let any misuse of the official machinery and second, in case any official is found to be misusing ...Read More >
Mumbai, June 26 (SocialNews.XYZ) Maharashtra Chief Minister Devendra Fadnavis said on Thursday that the state government will go ahead with the development of 802-km Shaktipeeth Mahamarg costing Rs 86,300 crore, saying that the state Finance department has not raised objection regarding the infrastructure project. The statement by CM Fadnavis comes after the state Finance department said the Rs 20,878-crore loan guarantee extended by the Maharashtra Cabinet will put financial burden on the state and the off-budget loan will impact the state's capability of seeking the loan. The Finance depar ...Read More >
New Delhi [India], November 18 (ANI): Bharatiya Janata Party leader and in-charge of the party's National IT Department, Amit Malviya, on Monday, criticised the Congress party's 'hypocrisy' over their stance on the Adani Group, pointing to past investments and agreements made with the corporate conglomerate by Congress-ruled states. Taking to social media platform X, Malviya referenced Telangana Chief Minister Revanth Reddy's recent "public admission of accepting money" from the Adani Group on November 10, 2024, pointing out that this acknowledgment contradicted Congress leader Rahul Gandhi's ...Read More >
Mumbai: Two days ahead of the Maharashtra government formation, top sources have said that Eknath Shinde's Shiv Sena is likely to be allotted eight portfolios including the Urban Development Ministry. Sources also said that Ajit Pawar's NCP will retain the Finance Ministry. Sources have further said that there is no dispute between Shiv Sena and the BJP over the Chief Minister's which is yet to be revealed by the Mahayuti alliance. Meanwhile, reports are doing the rounds that Sena wants swearing in of its ministers on December 5 itself, along with oath taking of Chief Minister and Deputy Chie ...Read More >
Mumbai, Jan 31 (VOICE) The Maharashtra government on Friday formed a special investigation team (SIT) to probe the conspiracy allegedly hatched to frame Chief Minister Devendra Fadnavis (who was then the leader of opposition in the state assembly) and his current deputy Eknath Shinde in a false case during the Maha Vikas Aghadi (MVA) government was in power. Fadnavis was then Leader of Opposition in the assembly while Shinde was a member of the Uddhav Thackeray Cabinet holding the urban development ministry. Shinde, however, rebelled against Thackeray, and after the collapse of the MVA governm ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...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 >
Bengaluru (Karnataka) [India], June 7 (ANI): Two top Karnataka State Cricket Association (KSCA) officials -- secretary A Shankar and treasurer ES Jairam -- resigned from their posts during an emergency managing committee meeting held on Saturday, accepting 'moral responsibility' for stampede near M Chinnaswamy Stadium in Bengaluru. The incident occurred during celebrations following Royal Challengers Bengaluru's (RCB) maiden IPL title win and claimed 11 lives and left dozens injured. KSCA President Raghuram Bhat confirmed the development, saying that the resignations were discussed and accep ...Read More >
Dehradun (Uttarakhand) [India], June 8 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami participated in the Kavi Sammelan program in Dehradun on Saturday and said that the state government is dedicated and has been continuously working to preserve the cultural and literary heritage of the state. Addressing the gathering at the program, CM Dhami said, "The Uttarakhand government is dedicated and has been working to preserve the literary works and the culture of the state. Through the Uttarakhand Sahitya Gaurav Samman, excellent literary works will be facilitated as well. Our government wi ...Read More >
Kolhapur, June 27: NCP (SP) president Sharad Pawar on Friday said that the people of Maharashtra are not anti-Hindi, but it is not right to impose the language on young students in Class 1-4. Speaking to reporters here, he said 55 per cent of the country's population speaks Hindi, and one cannot ignore it. A language row erupted in Maharashtra after the state government last week issued an amended order stating Hindi will "generally" be taught as the third language to students in Marathi and English medium schools from Classes 1 to 5. Three-Language Policy Debate: Maharashtra CM Devendra Fadna ...Read More >
Nagpur: Shiv Sena (UBT) chief Uddhav Thackeray on Tuesday claimed the Centre's move to introduce a bill on simultaneous polls in the Lok Sabha was an attempt to divert attention from issues plaguing the country. Addressing reporters in Maharashtra's Nagpur city, Thackeray demanded a transparent election process before implementation of the 'One Nation One Election' proposal. Even the election commissioners should be elected through polls, the former state chief minister said but did not elaborate on how to go about it. Thackeray also said that the Devendra Fadnavis-led Maharashtra government ...Read More >
Hisar, Jun 5 (PTI) Haryana Chief Minister Nayab Singh Saini Thursday announced the establishment of natural and organic mandis in Gurugram and Hisar to promote natural farming on a large scale in the state. The Gurugram mandi will cater to produce such as wheat, paddy and pulses, while the Hisar mandi will focus on fruits and vegetables grown through natural and organic methods. Also Read | Delhi: High-Level US Team Arrives for Talks on Bilateral Trade Pact With India. In addition, a committee will be formed under the Haryana Kisan Kalyan Pradhikaran to determine fair pricing for produce gr ...Read More >
Nainital (Uttarakhand) [India], June 7 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami inaugurated and laid the foundation stone of 27 development projects of Nainital district worth about 126 crore 69 lakhs in a program organised at Lalkuan, Nainital on Saturday. These projects include schemes related to education, road, medical, irrigation, sewerage, urban development, beautification and destitute cow protection. During this, 9 schemes were inaugurated at a cost of 25.93 crores and foundation stone were laid for 18 schemes at a cost of 100.76 crores. The Chief Minister said in his ad ...Read More >
Mumbai: Shiv Sena leader Uday Samant on Thursday said no MLA from the party will accept any responsibility in the new Maharashtra government if Eknath Shinde does not take oath as deputy chief minister. Talking to reporters hours ahead of the swearing-in ceremony, Samant also said no MLA from the Shiv Sena has the intention to become deputy CM and the post should be occupied only by Shinde. Shiv Sena head Eknath Shinde, who served as chief minister in the outgoing government, has indicated that he is reluctant to join the new government as deputy CM. BJP Legislature Party Leader Devendra Fa ...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 >
MUMBAI: Usually, an infrastructure project subject to delays in completion witnesses a sizeable cost escalation. This time around, however, a project's cost has been trimmed by nearly 40% by deleting some of its components and changing its design. This is the Uttan-Virar Sea Link (UVSL), to be implemented by the Mumbai Metropolitan Region Development Authority (MMRDA). The changes happened on the directive of chief minister Devendra Fadnavis on Thursday. As per the estimates and plans prepared by MMRDA and submitted to the state government this January, the project had an estimated cost of ₹8 ...Read More >
Mumbai: Shiv Sena (UBT) and the Maharashtra Navnirman Sena (MNS) will jointly organize a protest march on July 5 against the state government's reported move to make Hindi compulsory up to Class 4 under the 'Three Language Policy'. The announcement was made by Shiv Sena (UBT) leader and MP Sanjay Raut at a press conference on Friday. Raut said, "We are not against any language. We have always respected Hindi. People like us have always valued it. Our party uses Hindi in many ways. But the recent decision to make Hindi compulsory as the third language up to Class 4 under the 'Three Language P ...Read More >
Mumbai, Dec 3 (PTI) Maharashtra's caretaker Chief Minister Eknath Shinde on Tuesday visited a private hospital in Thane for a "check-up," two days before a new CM is sworn in at an open ground ceremony in south Mumbai. Even as it is not known yet who would take oath as chief minister at Azad Maidan on the evening of December 5, preparations are in full swing for the ceremony, to be attended by Prime Minister Narendra Modi, about 2,000 VVIPs and some 40,000 supporters. Shinde, who had been staying at his private residence in Thane for the last few days, visited the hospital in the morning. "I ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
New Delhi, June 6 (PTI) The Delhi government on Friday released over Rs 900 crore funds to urban local bodies for development works, according to a statement. They have also released Rs 820 crore to the Municipal Corporation of Delhi (MCD) and the Delhi Jal Board (DJB) received Rs 146 crore under the free drinking water scheme. "In this scorching summer, ensuring clean and sufficient drinking water for every citizen of Delhi is our top priority. Water is not a privilege for a few, it is a basic right of every citizen. It is the government's responsibility to ensure that every household has a ...Read More >
Mumbai (Maharashtra) [India], June 27 (ANI): Shiv Sena (UBT) and the Maharashtra Navnirman Sena (MNS) will jointly organize a protest march on July 5 against the state government's reported move to make Hindi compulsory up to Class 4 under the 'Three Language Policy'. The announcement was made by Shiv Sena (UBT) leader and MP Sanjay Raut at a press conference on Friday. Also Read | Uddhav Thackeray, Raj Thackeray to Unite Against Hindi 'Imposition' in Maharashtra Schools, Says Sanjay Raut. Raut said, "We are not against any language. We have always respected Hindi. People like us have alway ...Read More >