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.
Gurugram, Sep 27 (SocialNews.XYZ) Five people lost their lives in a tragic accident after their Mahindra Thar crashed into a divider on the National Highway while taking the exit towards Rajiv Chowk in Gurugram around 4:30 A.M. on Saturday, police said. The incident took place at Exit 9 of National Highway-48 when the driver of the speeding vehicle lost control of the SUV and it rammed into the divider with great force. According to officials, three women and two men died instantly, while another man sustained critical injuries and was rushed to Medanta Hospital in Gurugram for treatment. Police added that the group had travelled from Uttar Pradesh to Gurugram for some work. Visuals from the crash site showed the extent of the impact, with the Thar completely mangled, leaving little trace of its original shape. Gurugram Police immediately reached the location, took charge of the bodies, and began the initial investigation into the case. The enquiry is ongoing, and further details are awaited. Authorities noted that accidents caused by speeding remain a major concern in Gurugram and across Delhi-NCR. Strict adherence to speed limits on highways, officials emphasised, can prevent such devastating incidents. This accident comes close on the heels of another high-profile crash earlier this month in Dhaula Kuan, where Gaganpreet Kaur allegedly rammed her BMW into a motorcycle, leaving senior Ministry of Finance officer Navjot Singh critically injured. Singh later succumbed to his wounds, while his wife sustained grievous injuries. Kaur is facing charges of culpable homicide not amounting to murder, in addition to reckless driving. The hearing in this case is scheduled to be held on Saturday. Notably, the injured victims were not taken to the nearest hospital, despite several being available in the vicinity. Instead, they were transported to Nulife Hospital in GTB Nagar, North Delhi, a facility allegedly owned by one of Gaganpreet Kaur's relatives. The prosecution suggested this could be an attempt to tamper with medical evidence or avoid proper scrutiny.
NOIDA: Two men were arrested late Wednesday for an alleged attempt to commit culpable homicide days after a viral video showed a 25-year-old man being hit by an SUV during a violent quarrel in Sector 53, Noida, on June 2, police said on Thursday. The purported video showed a black Mahindra Thar hitting the victim -- Saurabh Yadav -- from behind, flinging him into a roadside drain during a clash between two rival groups. HT, however, could not verify the authenticity of the video. Police identified the arrested suspects as Aman Awana, 29, and Akash Awana, 25, both residents of Sector 23, Noi ...Read More >
Chennai: Hours before Union home minister Amit Shah was to arrive in Madurai, Thuglak editor and an associate of Shah, S Gurumurthy on Saturday met PMK founder S Ramadoss. The PMK leader, however, ruled out the possibility of meeting Amit Shah during his two-day visit to Tamil Nadu.Gurumurthy met Ramadoss for the second time amid reported tension within PMK regarding alliance strategies and insistence by Anbumani Ramadoss to remain party president. The hour-long meeting took place at the T Nagar residence of A K Vijay Mahesh, son of former Union minister and PMK leader A K Moorthy, sources sai ...Read More >
New Delhi/Noida, Jun 27 (PTI) End-of-life vehicles detected at fuel stations or found parked at public places will be impounded and a penalty of Rs 10,000 imposed on four-wheeler owners and Rs 5,000 on two-wheeler owners starting July 1, officials said on Friday. EOL vehicles are diesel vehicles older than 10 years and petrol vehicles older than 15 years. Irrespective of the states they are registered in, they will not be given fuel in Delhi starting July 1, according to directions issued by the Commission for Air Quality Management (CAQM) earlier. Around 500 fuel stations in Delhi have inst ...Read More >
Agartala, July 2 (SocialNews.XYZ) Tripura Chief Minister Manik Saha said on Wednesday that statistics show the number of deaths and injuries in road accidents in the state is much lower than the national average and emphasized that this number must be reduced further. After flagging-off 16 basic life support ambulances and virtually launching VLT (Vehicle Location Tracking) and MT (Monitoring System), the Chief Minister said that efforts should be made to ensure that accidents do not occur due to carelessness. Both the Central and state governments are working together to prevent road accide ...Read More >
Noida: Liquor revenue in the city jumped by 35% in the first quarter of 2025-26 compared to the same period last year. The city recorded Rs 625 crore in liquor revenue from April to June 2025, compared to Rs 462 crore during the same period in 2024-25.According to excise department data, the revenue in the first quarter of 2023-24 was Rs 430 crore, showing a 7% growth between 2023-24 and 2024-25 and a much larger jump this year.The sharp rise is attributed to the new liquor policy in the state, which made significant structural changes to the retail and licensing system.The month-wise revenue ...Read More >
SHIVAMOGGA: Union Minister for Road Transport and Highways Nitin Gadkari is scheduled to inaugurate the bridge across Sharavathi backwaters between Ambargodlu and Kalasavalli on National Highway 369E on Monday. The much-anticipated cable-stayed bridge over the Sharavathi backwaters is the longest in the state and second longest in the country, stretching 2.44 km. Built at Rs 472 crore, it will improve connectivity to several villages in Sagar and Hosanagara taluks, as well as to popular temples like Sigandur Chowdeshwari and Kollur Mookambike. The bridge was built to address long-standing co ...Read More >
Dantewada (Chhattisgarh) [India] July 15 (ANI): The tribal-dominated Dantewada district is all set to make its footprint visible in the high-octane sport of Thai Kick Boxing, as young athletes here have clinched medals in international as well as national events. With the support of the Chhattisgarh Government, the youth of Dantewada are sharpening their skills and preparing for Thai Kick Boxing events to be held in the country and overseas. As Dantewada moves on the path to becoming a hub for producing Thai Kick Boxers, the district is also ready to shed its infamous identity that emerged du ...Read More >
MUMBAI - Tesla India has made its official entry into India, launching its first showroom in Mumbai's upscale Bandra Kurla Complex at Maker Maxity Mall. This new 4,000-square-foot "Experience Centre," opened by Maharashtra Chief Minister Devendra Fadnavis on July 15, signals Tesla's arrival in the world's third-largest car market. A second showroom will open soon in Delhi's Aerocity, as Tesla aims to attract India's luxury electric vehicle buyers. High import taxes and a lack of charging stations remain tough hurdles. This expansion is part of Tesla India's strategy to tap into the growing d ...Read More >
Moradabad (UP), Aug 1 (PTI) The Moradabad district administration has cancelled the allotment of a government bungalow granted to former Uttar Pradesh chief minister Mulayam Singh Yadav. The Samajwadi Party (SP) has been asked to vacate the premises within 30 days. The bungalow, located in the posh Civil Lines area near the Police Training College (PTC II), was allotted to the SP patriarch 31 years ago. Spread across nearly 1,000 square meters on Nazul land, the property serves as the local SP office. District Magistrate Anuj Singh said the property is needed for housing officers and other ...Read More >
NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >
New Delhi: Light tremors were felt in Delhi and neighbouring areas around 9am on Thursday. An earthquake of 4.4 magnitude on the Richter scale originated at a depth of 10km in Haryana's Jhajjar. No loss of life or property was reported. The tremors, which were felt across the region, prompted people to rush out of buildings. "EQ of M: 4.4, On: Oct 7, 2025, 09:04:50 IST, Lat: 28.63 N, Long: 76.68 E, Depth: 10 Km, Location: Jhajjar, Haryana," stated National Centre for Seismology on X.According to National Centre for Seismology (NCS), the tremors were recorded at 9.04am. On Feb 17, similar tremo ...Read More >
NEW DELHI - On the morning of July 10, 2025, a magnitude 4.5 earthquake struck the National Capital Region, sending tremors through Delhi, Noida, Gurugram, Faridabad, and nearby parts of Uttar Pradesh and Rajasthan. The quake's epicentre was in Jhajjar, Haryana, about 60 kilometres from central New Delhi. The National Centre for Seismology reported the quake began at 9:04 AM IST at a shallow depth of 10 kilometres, which made the shaking feel stronger in affected areas. NDTV reported that People across the city were alarmed, with many leaving tall buildings and offices as the ground moved be ...Read More >
New Delhi: Nearly three weeks after businessman Arun Lohia was fatally shot inside his SUV near Chhatarpur Metro Station in South Delhi, two of the alleged shooters were injured and arrested during a police encounter on the Chirag Delhi-Khanpur stretch on Thursday. Investigations revealed that the killing stemmed from a land dispute. A third suspect was also taken into custody.According to police, the murder took place on May 15. The victim, Arun, a resident of Aya Nagar and owner of several local warehouses, was attacked around 1 pm while returning from Saket Court with his father, Rambir Loh ...Read More >
New Delhi: Perhaps you do not know, because Mahindra has once again prepared to make a big bang in the auto market. This time the company is ready to create a big stir on the occasion of Independence Day. The company has prepared to unveil many new concept vehicles and a new platform during its special program Freedom NU in Mumbai. The model that is being discussed the most among these cars is Mahindra Vision T. It can be liked a lot among the customers in the market, which will create a stir among everyone. It can get a good response among the customers. You can know the important updates re ...Read More >
NEW DELHI: The government has approved shifting of Gurgaon's Kherki Daula toll plaza on the Delhi-Jaipur National Highway (NH-48) to Pachgaon, a place beyond Manesar, paving the way for easy commute for lakhs of office goers.When the plaza is moved to Pachgaon, over 15 kilometres from Gurgaon, commuters travelling between Delhi and Manesar also won't have to pay toll. Locals have been demanding its removal since 2014.TOI has learnt that Union road transport and highways minister Nitin Gadkari has approved the plan, and to ensure the new spot doesn't see any congestion, the National Highways Au ...Read More >
Mahindra's total sales volumes stood at 79,083 in November 2024 with the company's SUV lineup making up a major share of 46,222 units Mahindra has released its sales data for November 2024. Sales of the company's passenger vehicles have improved to 46,222 units which was a 15.16% YoY growth from 39,981 units sold in Nov 2023. This related to a 6,241 unit volume growth. MoM sales however fell by 15.20% when compared to 54,504 units sold in Oct 2024 relating to a decline by 8,282 units. The company has just released two Electric Origin SUVs called the BE6e and XEV9e. Both these models are buil ...Read More >
New Delhi: In a joint operation, the Israel Defense Forces (IDF) and the Israel Security Agency (ISA) have eliminated As'ad Abu Sharaiya, a senior leader of the Mujahideen terrorist organization in Gaza, and another terrorist, Mahmoud Muhammad Hamid Kuhail. According to the IDF, Abu Sharaiya was directly involved in the October 7, 2023, massacre, infiltrating Kibbutz Nir Oz, and was responsible for the abduction and murder of several Israeli citizens, including Shiri, Ariel, Kfir Bibas, and Nattapong Pinta. He also played a role in recruiting operatives for terror attacks against Israel and I ...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 >
NEW DELHI: The Delhi government is set to deploy joint enforcement teams from the transport department, traffic police, and MCD at fuel stations to implement the ban on refuelling end-of-life vehicles (ELVs) from July 1. These teams will monitor compliance on the ground and impound any vehicles found violating the directive. "We will deploy a team comprising transport and traffic police officials at each of these fuel stations. They will ensure that there is no law-and-order problem while implementing the system," said Ajay Chaudhary, Special Commissioner (Traffic), Delhi Police. End-of-lif ...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 >
Mumbai: Tesla Tuesday entered the Indian car market, launching its Rs 59.89 lakh Model Y SUV, as Maharashtra rolled out a red carpet for the EV maker, urging it to go beyond imports and anchor its manufacturing and R&D base in the state. At an event to mark Tesla's formal entry, Maharashtra chief minister Devendra Fadnavis made a strong pitch to the Elon Musk-led automaker, positioning the state as Tesla's long-term base. "Mumbai and the people of India are going to love Tesla. But more than just being a big market, India is now a robust base for electric mobility manufacturing, especially Ma ...Read More >
Beas Pind (Jalandhar): Jalandhar police have zeroed in on a white Fortuner that is suspected to have fatally struck Fauja Singh, the world's oldest marathoner, on Jalandhar-Pathankot national highway on Monday afternoon.It took over 24 hours of investigation before Jalandhar rural cops announced they were looking for a Punjab-registered SUV. Pieces of vehicle headlight gave important clues, and there was additional evidence in the form of CCTV footage from toll booths and fuel pumps, and eyewitness statements, said an officer. Late Tuesday night, sources said that police had traced a suspect." ...Read More >
NEW DELHI/BATHINDA: The Directorate of Enforcement (ED) on Friday conducted searches at 22 de-addiction centres across Punjab, including in Chandigarh, Barnala and Ludhiana, after its investigation revealed illegal sale of drugs by these centres. The agency also searched a premise in Mumbai linked to the accused.Dr Amit Bansal, who runs these 22 centres, is prime accused in the case, sources said. Bansal, against whom Punjab Police has registered multiple FIRs, is alleged to be engaged in illegal sale of drugs from his de-addiction centres.Privately-run drug de-addiction centres in Punjab are ...Read More >
New Delhi/Noida, Jun 27 (PTI) End-of-life vehicles detected at fuel stations or found parked at public places will be impounded and a penalty of Rs 10,000 imposed on four-wheeler owners and Rs 5,000 on two-wheeler owners starting July 1, officials said on Friday. EOL vehicles are diesel vehicles older than 10 years and petrol vehicles older than 15 years. Irrespective of the states they are registered in, they will not be given fuel in Delhi starting July 1, according to directions issued by the Commission for Air Quality Management (CAQM) earlier. Also Read | UK F-35B Lightning II Stealth F ...Read More >
Mumbai, Jul 3 (PTI) German premium car maker BMW group on Thursday reported a 10 per cent jump in total sales in India at 7,774 units in the January-June period of 2025 over the same period year-ago, The Group had sold 7,081 units of BMW and Mini brands of cars in India in the first of CY 2024. Besides, the company also retailed 2,569 Motorrad brand of motorcycles during the period under review. The company also said it continued its leadership position in the luxury electric vehicle sales in India with a massive 234 per cent year-on-year growth in volumes at 1,322 units of BMW and MINI EVs ...Read More >
The man said that the new vehicle in the same segment now comes with a steep cost. ShowQuick Read Summary is AI-generated, newsroom-reviewed A Delhi man sold his luxury SUV due to the new end of life vehicle policyThe policy bans diesel vehicles older than 10 years and petrol vehicles over 15 yearsAutomatic number plate recognition cameras monitor compliance at over 350 fuel stations Did our AI summary help? Let us know. New Delhi: A Delhi man was forced to sell his luxury SUV due to the g ...Read More >
Mumbai, Jul 15 (PTI) Global EV giant Tesla on Tuesday made its much-awaited entry into India, launching its Model Y with price starting at Rs 59.89 lakh while opening its first experience centre here. Tesla, led by American tech billionaire Elon Musk who had in the past cited India's high import tariffs for the company not entering the country earlier, will be importing the Model Y as a completely built unit (CBU), from its Shanghai manufacturing facility in China. The mid-sized electric SUV Model Y, which was once the world's best-selling car, will be offered in India in two variants -- rea ...Read More >
Mumbai : Tesla's long awaited India debut finally took place with chief minister Devendra Fadnavis inaugurating its showroom in Mumbai on Tuesday. The Elon Musk-led car maker unveiled its Model Y compact all-electric SUV at its 'Experience Centre' in Bandra-Kurla Complex with the CM describing it as the "right city and the right state" for the launch."Mumbai stands for innovation and sustainability. In 2015, when I went to the US, I had my first ride in a Tesla, and then I thought we need such a vehicle for mobility in India. But it took 10 years for it to come to India. But we are very happy ...Read More >
Ujjain (Madhya Pradesh): Marking the Cooperatives Year, a two-day national seminar will be inaugurated on Friday at the Swarn Jayanti Auditorium of Vikram University. Farmers from five major states: Gujarat, Maharashtra, Madhya Pradesh, Chhattisgarh, and Goa are set to participate in the seminar, 'Dairy Development in Madhya Pradesh: Possibilities and Challenges', under the joint aegis of the Indian Dairy Association (DA) West Zone, and Vikram University (VU). Researchers, students, milk producers from across the country, where over two lakh cooperative societies function, along with experts ...Read More >
New Delhi: End-of-life vehicles (ELV) will not be able to refuel at any city filling station from Tuesday. It had been announced earlier that all ELVs would not only be denied fuel in the capital, but they would also be impounded on the spot and taken for scrapping from July 1. All fuel pumps have been equipped with technology to identify such vehicles, which are petrol-run vehicles older than 15 years and diesel-run vehicles older than 10 years. Only overaged vehicles running on CNG will be exempted from action.Automatic number plate recognition (ANPR) cameras have been installed at 382 petro ...Read More >