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.
TIRUMALA: Nearly 4 lakh pilgrims from across India converged at Tirumala on Sunday for the Garuda Seva, the highlight of the nine-day annual Brahmotsavams, transforming the Seven Hills into a vibrant sea of devotion. Chants of 'Garuda Vahana Govinda Govinda...' echoed across the hill as the curtains were raised at the Vahana Mandapam. Lord Malayappa Swamy, adorned with precious jewellery, including Sahasranama Kasula Mala, Chaturbhuja Lakshmi Haram, and Makarakanti, which are adorned to Mula Virat, appeared on His favoured Garuda carrier, enthralling the faithful. By 1 pm, TTD reported 1.5 lakh attendees, with numbers swelling to 2.4 lakh by 3 pm, filling all galleries along Four Mada Streets. Despite intermittent rain, the pilgrim count reached nearly 4 lakh by the time the procession reached its peak. The TTD even allowed devotees into the service queue line just before the procession to accommodate the massive crowd. To ensure every devotee could witness Lord Venkateswara, the TTD, headed by Chairman BR Naidu and Executive Officer Anil Kumar Singhal, organised four separate queues along the Four Mada Streets.
NEW DELHI: Centre is likely to build a new 6-7 km Metro line from Indraprastha station to North Block, connecting Bharat Mandapam, C Hexagon at India Gate, Kartavya Path, Central Secretariat, and the proposed Yuge Yugeen Bharat Museum at the North and South Blocks. The underground corridor will provide connectivity to all the 10 proposed govt buildings along the Kartavya Path and India Gate, Delhi's most popular tourist spots. Sources said the proposed stretch will be an extension of the 12.3 km Inderlok-Indraprastha Metro corridor (Green Line), which was approved by the Union cabinet in Mar ...Read More >
Berhampur (Odisha), Jun 6 (PTI) Environmental activist Medha Patkar on Saturday appealed to the people of Odisha for protection of Rushikulya river. The government planned to construct a dam in the river Pipalapnaka under Sorada block in the district. While participating in the Save Rushikulya river movement in Ganjam district, she said, "Rivers may be small or big, but they are our mother. We have to protect the rivers from attacks." She attended a meeting were organised by the Rushikulya Banchao Kriyaanusthan Committee (RBKC) and the Centre for Climate Justice, spearheading the agitation a ...Read More >
Chennai, June 08: In a shocking case of blackmail, extortion and murder in Chennai, a 27-year-old doctor from Asthampatti near Salem, identified as Dr Santosh Kumar, has been arrested by the Kodungaiyur police for killing a 26-year-old woman who allegedly blackmailed him using his nude pictures. The victim, Nithya, a resident of Sattuma Nagar in Thiruvottiyur, reportedly posed as an IT professional working in Ambattur and extorted money from multiple men. She had befriended Dr Santosh online and gradually began blackmailing him, threatening to leak his nude photos to his family. Police said s ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
Kanpur, January 27: Due to the massive influx of devotees for the Maha Kumbh Mela 2025, Varanasi's District Magistrate in Uttar Pradesh has announced that all schools in the district will be closed from Monday, January 27, 2025, to Wednesday, February 5, 2025. The decision is aimed at ensuring the safety of students and managing traffic congestion caused by the large number of pilgrims arriving in Varanasi for the Maha Kumbh Mela 2025. Despite the school closures, online classes will continue as usual to maintain the academic schedule, News18 reported. This directive applies to all CBSE, ICSE ...Read More >
Raipur/Hyderabad: Barely a fortnight after gunning down CPI(Maoist) general secretary Nambala Keshava Rao alias Basavaraju, security forces shot dead his long-time aide, central committee member Sudhakar alias Tentu Lakshmi Narasimha Chalam -- the banned outfit's ideological chief -- in a forest in Bastar's Bijapur district Thursday morning.Born into a middle class family in Andhra Pradesh's Eluru district, Sudhakar, 67, carried a collective bounty of Rs 85 lakh in Chhattisgarh, Telangana and AP. He is the third central committee member to be killed in Bastar this year after Jai Ram alias Chal ...Read More >
Itanagar, Jun 7 (PTI) The flood situation in Arunachal Pradesh improved on Saturday with water levels of most rivers receding, even as 33,000 people in 24 districts remained affected, officials said. Twelve people lost their lives and one person went missing in rain-related incidents, including landslides, after the monsoon set in, they said. In its daily report, the State Emergency Operation Centre (SEOC) said 33,200 people in 215 villages remained affected due to floods and landslides in the state. The water levels of most major rivers and their tributaries were showing a receding trend o ...Read More >
Srinagar, June 26: The Jammu and Kashmir Lieutenant Governor (LG) Manoj Sinha on Thursday said that security measures have been strengthened to ensure the smooth conduct of the Amarnath Yatra this year. SInha acknowledged dip in the registration of Shri Amarnath Ji Yatra pilgrims post the terrorist attack on tourists in Pahalgam in April this year. Addressing media persons at Raj Bhawan, Srinagar, Sinha said that registration dropped by around 10 percent, but maintained that ìthe numbers are now rising again.î ìPublic confidence is returning, and I am hopeful it will continue to grow. Befor ...Read More >
Puri Jagannath Rath Yatra Live Streaming Updates: Lakhs of devotees have gathered at holy town of Puri in Odisha to take part in the annual Jagannath Rath Yatra on Friday. In the wake of mass gathering, the state government has made elaborate arrangements. It is estimated that about one lakh people reached pilgrim town of Puri by Thursday evening, and the number increased manifold this morning .Like every year, devotees from across the country and abroad are expected to participate in the event. Shree Jagannath Temple Administration (SJTA) Chief Administrator Arabinda Padhee said "all arrang ...Read More >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...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 >
Katra: Prime Minister Narendra Modi visited Jammu and Kashmir on Friday to inaugurate multiple rail projects, including the world's highest Chenab Rail Bridge, the Anji Khad Bridge, and the Katra-Srinagar Vande Bharat Express, as part of the Udhampur-Srinagar-Baramulla Rail Link. These railway projects directly connect Jammu and Kashmir to the rest of the country. The Udhampur-Srinagar-Baramulla Rail Link is an all-weather railway corridor designed to provide seamless connectivity to the region through the rail network. During his visit, PM Modi reviewed the Chenab bridge, world's highest ra ...Read More >
Hyderabad: The RGIA police arrested one Satyanarayana for alleged involvement in an international human trafficking racket being run in the guise of a gold business, on Saturday. Satyanarayana was attempting to courier rolled gold jewellery samples to an agent in Muscat in Oman, RGIA Inspector Balaraju said. The arrest was followed by a complaint from one Lankapally Mary from West Godavari district, who lodged a complaint with the RGIA police two days back. In her complaint, Mary said that she was intending to go abroad for work when she came across Satyanarayana in August 2023. He promised ...Read More >
Lucknow: In the latest of several successive attacks on the opposition over caste politics, Chief Minister Yogi Adityanath on Saturday accused them of resorting to caste divisions for political survival.He said those who "once bowed before the mafia are now trying to divide society along caste lines" and reiterated "batoge toh katoge, ek rahoge toh nek rahoge".Speaking at an event in Lucknow on the eve of the birth anniversary of Bhamashah, a 16th-century philanthropist who aided Maharana Pratap in his fight against the Mughals, also celebrated by the UP govt as Vyapari Kalyan Diwas, the CM ur ...Read More >
Digha: A day after Rath Yatra, the festive fervour continues in Digha as the seaside town is now gearing up to host Ulta Rath or the return journey of the deities from the 'Masir Bari' or the old Jagannath temple. On July 5 -- the Ulta Rath day -- hotels are hoping for fresh tourist influx. Though the deities are currently in Masir Bari, a large queue of devotees visited the newly-constructed Jagannath temple on Saturday. They offered prayers to the stone idol permanently installed there. It is the wooden idols of Jagannath, Balaram and Subhadra that have taken the chairot rides. Bipradash Cha ...Read More >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
Thousands of pilgrims, including foreigners, congregated in Digha, West Bengal, for the Rath Yatra festival. The Chief Minister, along with cabinet members, initiated the chariot procession of Lord Jagannath, Balabhadra, and Subhadra. Rituals commenced in the morning with 'Pahandi Vijay' at the newly-built Jagannath Dham Temple, followed by the idols being placed on the chariots amid devotional chants and festivities.Thousands gathered from different parts of the state to attend the Rath Yatra fe ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
SRINAGAR, June 28: Lieutenant Governor Manoj Sinha today held a meeting with the members of civil society organisations, religious leaders, elected representatives, trade and business community and discussed the arrangements for forthcoming Shri Amarnath Ji Yatra. Follow the Daily Excelsior channel on WhatsApp Chief Minister Omar Abdullah; Chief Secretary, Atal Dulloo; Special Director General (Coordination), PHQ, SJM Gillani; Principal Secretary to Lieutenant Governor and CEO, Shri Amarnathji Shrine Board, Dr Mandeep K Bhandari; Divisional Commissioner Kashmir, Vijay Bidhuri; Administrative ...Read More >
Mathura (UP), Jun 7 (PTI) Devotees visiting the Mathura-Vrindavan region for temple visits often get a taste of the antics of the large monkey population as the simians steal spectacles, caps and food from visitors. Aligarh-based diamond merchant Abhishek Agarwal and his family were left shell-shocked when a monkey snatched his handbag containing jewellery worth Rs 20 lakh during their visit to the Thakur Banke Bihari temple in Vrindavan. However, providence smiled on the Agarwal family as after an eight-hour effort, the police were able to corner the monkey and get the handbag back, a senio ...Read More >
Guwahati: The sacred doors of Kamakhya temple's sanctum sanctorum reopened for devotees at 5.00am on Thursday, marking the conclusion of the annual Ambubachi Mahayog. Approximately 20,000 devotees had gathered in the early hours to offer prayers to Maa Kamakhya after the four-day long religious congregation.The Ambubachi Mahayog, which celebrates the annual menstruation cycle of goddess Kamakhya, traditionally draws lakhs of pilgrims from across India and beyond. However, this year witnessed a notable decline in the number of visitors due to newly implemented night-time entry restrictions.The ...Read More >
Puri, June 28: Today is the second day of the grand Jagannath Rath Yatra. As part of the tradition, the chariots of Lord Jagannath and his siblings are being pulled towards the Gundicha Temple, where the deities will rest for nine days before returning to the Jagannath Temple. Devotees from across India and around the world are arriving in Puri to take part in the Yatra and seek blessings. A devotee from West Africa who came to Puri for the first time said, "This is my very first opportunity to witness the Rath Yatra in Puri. Yesterday, we only got the opportunity to have darshan of Lord Jagan ...Read More >
Bhubaneswar: A low-pressure area forming over the north Bay of Bengal and adjoining coastal areas of Bangladesh and West Bengal is expected to trigger heavy to very heavy rainfall across parts of Odisha through July 4, the India Meteorological Department (IMD) said Saturday. An upper air cyclonic circulation currently persists over southwest Bangladesh and adjoining Gangetic West Bengal, extending up to 7.6 km above mean sea level and tilting southwestward with height, the IMD said. Under its influence, a low-pressure area is likely to develop over the region within the next 48 hours. The sy ...Read More >
)
Bhubaneswar: As Odisha gears up for the grand Rath Yatra, Reliance Industries Limited, in close collaboration with the Puri district administration, has launched a comprehensive series of efforts to ensure that visitors enjoy a safe, comfortable, and enriching journey. The annual chariot festival in Puri draws lakhs of devotees who gather to witness the majestic procession of Lord Jagannath, Balabhadra, and Subhadra from the Jagannath Temple to the Gundicha Temple. Honouring the spirit of seva, Reliance Foundation, with its characteristic We Care spirit, is proud to support this 13-day sacre ...Read More >
Puri: Despite travel uncertainties due to recent conflicts in some parts of the world, people from Europe and elsewhere have reached Puri to witness the annual Ratha Yatra of the sibling deities.As non-Hindus are not allowed inside the 12th-century Jagannath Temple, the Ratha Yatra provides a rare opportunity for devotees across the world to see the deities in their full glory atop their majestic wooden chariots."Back home, we are surrounded by uncertainty and fear. But here, I found peace. I came because this is my only chance to see Lord Jagannath. He comes out for the whole world. This is v ...Read More >
New Delhi, Jun 29 (PTI) The finance ministry has asked public sector banks (PSBs) to look at monetising their investment in subsidiaries by listing them at bourses after further scaling up operations so that they realise good return. There are about 15 subsidiaries or joint ventures of PSBs lined up for initial public offering or divestment in medium to long term, sources said. Also Read | Tamil Nadu: Temple Worker, Detained in Connection With Alleged Theft of Gold Jewellery, Dies in Police Custody; Tension Erupts in Sivaganga. Wherever required banks should invest funds to scale up operati ...Read More >
New Delhi [India], December 3 (ANI): Congress MP Priyanka Gandhi Vadra on Tuesday expressed her sorrow over the havoc wreaked by Cyclone Fengal in south India including Tamil Nadu and Puducherry. Offering her condolences to those who lost their loved ones, Vadra appealed to the Congress workers to work with the administration in relief work amid the crisis. "Deeply saddened by the devastation caused by Cyclone Fengal in Tamil Nadu and Puducherry. My prayers are with those who have lost loved ones and those facing immense loss and hardship. I appeal to all Congress workers to join hands with ...Read More >
Tirumala: As a mark of devotion and royal legacy, Mysore Rajmata Pramoda Devi Wadiyar donated two large silver Akhandas (eternal lamps) to Lord Venkateswara at the Tirumala temple. The offering was received by Tirumala Tirupati Devasthanams (TTD) Chairman B.R. Naidu on behalf of the temple administration at an official handover ceremony held at Ranganayakula Mandapam. Weighing approximately 50 kilograms each, the akhandas make for a total silver usage of 100 kilograms. The akhanda lamps being lit in the sanctum sanctorum of the temple through day and night, are considered a symbol of eternal ...Read More >
Nagpur: Warrior king Chhatrapati Shivaji Maharaj belonged to the entire country, but British history tried to confine him as a regional icon, said BJP leader and Rajya Sabha MP Sudhanshu Trivedi, who was in Nagpur on Friday to attend an event marking the 351st anniversary of Shivaji Maharaj's coronation. Trivedi told TOI at the event organized by Shivaji Maharaj Kruti Samiti that Shivaji Maharaj's contribution in 'safeguarding' the southern part of India from Mughal invasion must not be forgotten.Trivedi said, "Shivaji Maharaj belonged to all of us, entire country. Unfortunately, the British p ...Read More >