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.
Nagpur, Sep 27 (PTI) Authorities at Tadoba Andhari Tiger Reserve (TATR) in Maharashtra's Chandrapur district on Saturday refuted media reports of a steep rise in tourism fees. There has been a hike of just Rs 1000 and this too was done three months ago and not recently as claimed by these reports, a press release from TATR field director Prabhu Nath Shukla informed. "The new fee is being charged for safari in core and buffer areas over the last three months. Moreover, the camera fees which used
Mumbai: In a move aimed at curbing illegal sand transportation, Maharashtra's Revenue Minister, ChandraShekhar Bawankule, informed the State Assembly that sand transportation across the state would now be allowed 24 hours a day, 7 days a week. This decision is part of a broader effort to reduce accidents caused by illegal sand mining and improve transparency in sand transportation. Bawankule was replying on the issue raised by Congress MLA Nana Patole in the state assembly "Currently, sand excavation is permitted only from 6 AM to 6 PM. However, sand stored during the day couldn't be transpo ...Read More >
MUMBAI: After a diktat by chief minister Devendra Fadnavis, the Development Plan (DP) department of the BMC on Saturday issued a notice to modify the DP 2034 to make a provision for a coastal road from Versova to Dahisar. The stretches from Versova to Dahisar and Dahisar to Bhayandar are being carried out by the BMC. On Friday, when Fadnavis took a review of the coastal road, officers implementing the project said that land acquisition would be difficult if the areas were not marked. Since the government wants the BMC to start the work in August 2025, it asked for immediate changes to the DP. ...Read More >
DHARMAPURI: For the third time in the past two months, a wild leopard wandered into a private farmland near Valaithottam village near Palacode and hunted chicken raised by a local farmer. Locals are increasingly distressed and urged the forest department to take steps to relocate the leopard. Over the past few months, there have been several reports of leopard sightings in forest areas near Palacode, particularly in Valaithottam village, near the forest's fringe. There have been two instances when the leopard attacked farmlands, taking away a domestic dog and a chicken. On Saturday, the leop ...Read More >
HYDERABAD: With the kharif season underway and farmers facing an acute shortage of urea, agriculture minister Tummala Nageswara Rao has written to the Centre, urging immediate intervention to ensure timely and sufficient supply of the critical fertiliser. In letters addressed to Union minister for chemicals and fertilisers JP Nadda, Tummala highlighted the alarming gap between the state's demand and actual supply. The minister said the Centre had allocated five lakh metric tonnes of urea to Telangana for the months of April, May, and June. However, only 3.06 lakh metric tonnes have been suppli ...Read More >
Mumbai, Jul 3 (PTI) Sand transportation will be allowed in Maharashtra 24x7 as against only during daytime, the state government announced on Thursday, claiming that the decision will curb illegal transportation. Beneficiaries of government housing schemes will receive a certain amount of sand free, revenue minister Chandrashekhar Bawankule said in a statement in the legislative assembly here. Earlier, sand transportation was allowed only between 6 am and 6 pm. "Sand excavation is permitted only between 6 am and 6 pm. But due to the (miners') inability to transport sand at night, there is u ...Read More >
A farmer from Maharashtra was forced to travel to Cambodia and sell his kidney as a Rs 1 lakh loan and the Rs 10,000 per day interest caused his debt to balloon to Rs 74 lakh. Roshan Sadashiv Kude, a farmer from the Chandrapur district, was seeing continuous losses in farming and decided to start a dairy business. He took a cumulative loan of Rs 1 lakh from several moneylenders. Even before the dairy business could take off, the cows he had purchased died and the crops on the land he owned fail ...Read More >
NAGPUR: A debt-ridden farmer from a remote village in Chandrapur district was forced to sell his kidney in 2024 in a bid to repay loans taken from moneylenders. The rate of interest charged by the moneylenders was so steep that the farmer Roshan Sadashiv Kude's total liability on loans worth ₹1 lakh has reached ₹74 lakh, and even the ₹8 lakh he had received by selling a kidney was not enough to settle the account, Kude told Hindustan Times. "I lost my kidney to repay the loan. I have nothing left. If I am not given justice, I will be forced to take an extreme step along with my family in fron ...Read More >
Mumbai: The union ministry of environment, forest and climate change (MoEFCC) has given its final nod for a 4.7-kilometre twin tunnel under the Sanjay Gandhi National Park (SGNP) as part of the Goregaon Mulund Link Road (GMLR). "SGNP being a protected forest in the city, the approval is a major milestone and the final one," Abhijit Bangar, additional municipal commissioner (projects), told Hindustan Times. The final approval was granted by the forest ministry on Tuesday. Earlier, in January 2024, the ministry had granted in principle approval for the twin tunnel project. The ministry has di ...Read More >