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.
DHARWAD: Yashwant Sardeshpande, a noted filmmaker and playwright, died of a heart attack in Bengaluru on Monday, ending 40 years of illustrious career. He was 62 years old. After he complained of sudden ill-health on Monday, he was rushed to a private hospital in Bengaluru, where he breathed his last. Hailing from Hubballi, Sardeshpande started his career as an artist in the 1980s. He and his friends formed a company, Kala Darpana, and staged their first show, Andayuga, translated by Siddalinga Pattanshetty from the original by Dharmaveer Bharthi. The play, directed by Sardeshapnde, received a lot of appreciation. He later shifted to Nagpur after he got a job at the South Central Cultural Zone. Influenced by Marathi plays, he translated them into Kannada and staged them in Karnataka. Most of his plays are educational, but laced with humour. His All the Best, Ye Dil Maange More, Sahi Re Sahi and others are some of the all-time favourites among his plays. He started another company, Guru Company, in Hubballi some 20 years ago. He also recently started an institute called Adi Ranga Rangabhoomi in Hubballi, where he wished to teach all kinds of theatre practices. He holds the record for presenting over 120 shows yearly in different parts of the country and abroad. Sardeshpande was born on June 13, 1963, in Ukkali in Vijayapura and got trained at Ninasam. Union Minister Pralhad Joshi and other dignitaries expressed their condolences.
Belgavi (Karnataka) [India], December 26 (ANI): Congress leader Supriya Shrinate on Thursday lashed out Union Minister and Bharatiya Janata Party (BJP) leader Pralhad Joshi's statement on the CWC meeting and said that people like Joshi did not understand the ethos of Mahatma Gandhi or Congress. "People like Pralhad Joshi don't understand the ethos of Mahatma Gandhi, they don't understand the ethos of Congress. They don't understand that Congress was born out of freedom struggle, we fought for India's independence, we are the architects of modern India...we have had Presidents like Mahatma Gan ...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 >
Mumbai, Jun 28 (PTI) Senior Congress leader Prithviraj Chavan has alleged that a controversy over the 'imposition' of Hindi language in Maharashtra was being created to divert people's attention from core issues and underlined the need to improve the quality of education. Claiming a drastic cut in the budgetary allocation for education, the former Maharashtra chief minister said the focus should be on providing quality education to students and strengthening infrastructure in the educational sector. "The budgetary allocation on education should be increased. The controversies over English an ...Read More >
MUMBAI: Amid the ongoing controversy over Marathi versus Hindi, Maharashtra Deputy Chief Minister Eknath Shinde on Friday fuelled another row by ending his speech with 'Jai Gujarat' in the presence of Union Minister Amit Shah in Pune. Before concluding with 'Jai Gujarat', Shinde did say 'Jai Maharashtra'. Lauding the efforts of Union Minister Amit Shah, Shinde ended his speech with the sequence: "Jai Hind, Jai Maharashtra, Jai Gujarat." The Opposition slammed Shinde for allegedly surrendering Marathi and Maharashtra pride before the Gujarati BJP leadership and accused him of showing a slave ...Read More >
Patna (Bihar) [India], July 5 (ANI): Following Shiv Sena (UBT) Chief Uddhav Thackeray and Maharashtra Navnirman Sena (MNS) chief Raj Thackeray addressing a joint rally at Worli Dome in Mumbai on Saturday, Union Minister Chirag Paswan said that they were not coming together for language, but for their selfish motives and to recover their lost base. Chirag Paswan said, "They are not coming together for language, but for their selfish motives. They are coming together to recover their lost base. Both brothers saw that staying apart not only reduced their strength but also finished it...I'm not s ...Read More >
New Delhi/Hyderabad, Dec 18 (UNI) Union Minister and Telangana BJP President G Kishan Reddy emphasised the Modi government's commitment to preserving and promoting India's regional languages. Addressing the media in New Delhi on Wednesday, Reddy highlighted various initiatives undertaken by the central government to strengthen India's linguistic diversity. Reddy noted that India is unparalleled in its cultural and linguistic diversity, with 121 languages spoken across the country. "Our Constitution initially recognised 14 official languages, but this number has increased to 21 under Prime M ...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 >
New Delhi: In a daring move, following the language feud in Bengaluru, a tech founder, Kaushik Mukherjee, posted on X that he has decided to wind up his office in Bangalore and will be moving to Pune soon, with the reason stated as "language nonsense" by the founder. This decision comes amid growing tensions between Kannada speaking and non-Kannada speaking people in the state of Karnataka. Kaushik claims he does not want his non-Kannada speaking staff to be the next 'victim' and the idea, as he stated, was proposed by the staff and that he has decided to accept the idea. His post has garnere ...Read More >
Bengaluru, June 27 (SocialNews.XYZ) Union Minister for New and Renewable Energy Pralhad Joshi on Friday said that Prime Minister Narendra Modi-led government is planning to roll out an additional Rs 5,400 crore as viability gap funding to support the setting up of 30 GWh of battery storage systems in the country. "This is over and above the Rs 3,700 crore already being given under the existing VGF scheme, through which 13.2 GWh of BESS projects are already being implemented," the minister explained. The minister was speaking at the inauguration of one of India's largest Battery Energy Storag ...Read More >
Godhra, Jun 28 (PTI) Union Home Minister Amit Shah on Saturday called for the youth to resolve towards making India a world leader in every sphere by 2047, when it celebrates the centenary of its Independence. He also recalled the contributions of tribal leader Govind Guru in India's freedom struggle, saying he awakened the conscience of the people from the region during the British rule. Shah was addressing via video link a programme where development works worth Rs 125 crore for Shri Govind Guru University at Vinzol near Godhra in Gujarat's Panchmahal district were launched. Describing Go ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls are scheduled later this year. "We are trying hard so that the Prime Minister can spare some time ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >
Bengaluru (Karnataka) [India], June 7 (ANI): Karnataka Chief Minister Siddaramaiah has ordered an increase in the compensation announced for the families of those who died in the Chinnaswamy Stadium stampede in Bengaluru to Rs 25 lakh each. Earlier, the government had announced a compensation of Rs 10 lakh each. Union Minister Pralhad Joshi demanded that CM Siddaramaiah and Deputy Chief Minister DK Shivakumar should 'resign right now' in connection with the June 4 stampede near Bengaluru's Chinnaswamy Stadium that claimed 11 lives and left dozens injured. Joshi told reporters, 'The state go ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...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 >
New Delhi: The University Grants Commission (UGC) on Wednesday announced a significant update in its approach to conducting the Common University Entrance Test (CUET) for both undergraduate (UG) and postgraduate (PG) students for the year 2025. The UGC has invited public feedback on the revised methodology aiming to refine the examination process for a better and more efficient testing environment for candidates. Since its inception in 1956 under the UGC Act, UGC has been pivotal in setting and maintaining the standards for higher education, coordinating with universities, and providing fina ...Read More >
Bengaluru, Jun 28 (PTI) Senior BJP leaders in Karnataka met at former Deputy CM C N Ashwath Narayan's house to chalk out strategies to strengthen the party organisation, expand its outreach, and present a united front against the ruling Congress. The meeting gains significance in light of the upcoming reorganisation of party leadership, including the position of BJP state president, currently held by B Y Vijayendra. Among those present at the meeting were Vijayendra, Union Minister Pralhad Joshi, MP Govind Karjol, MLA V Sunil Kumar and some MLAs loyal to party veteran B S Yediyurappa. The m ...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 >
Haveri (Karnataka) [India], June 29 (ANI): Union Minister Pralhad Joshi has claimed that the words 'socialist' and 'secular' were rejected in the original Constitution by Dr Babasaheb Ambedkar. Speaking to ANI, Joshi on Saturday said, "The words 'socialist' and 'secular' were rejected in the original Constitution by no less than Dr Babasaheb Ambedkar himself. We respect the Constitution given by Dr Babasaheb Ambedkar." Also Read | Bhopal's Aishbagh Railway Overbridge Sparks Outrage Over Hazardous Design; MP CM Mohan Yadav Suspends 8 Engineers, Orders Inquiry. The remarks came after RSS gene ...Read More >
New Delhi, Feb 7 (VOICE) In a testament to the nation's commitment to a cleaner, greener future, India has achieved a historic milestone by surpassing 100 GW of installed solar power capacity, reinforcing its position as a global leader in renewable energy, the government said on Friday.As of January 31, India's total solar capacity installed stands at 100.33 GW, with 84.10 GW under implementation and an additional 47.49 GW under tendering. This remarkable achievement marks a significant step toward realising the ambitious target of 500 GW of non-fossil fuel-based energy capacity by 2030 set ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >
Patna (Bihar) [India], July 5 (ANI): Following Shiv Sena (UBT) Chief Uddhav Thackeray and Maharashtra Navnirman Sena (MNS) chief Raj Thackeray addressing a joint rally at Worli Dome in Mumbai on Saturday, Union Minister Chirag Paswan said that they were not coming together for language, but for their selfish motives and to recover their lost base. Chirag Paswan said, 'They are not coming together for language, but for their selfish motives. They are coming together to recover their lost base. Both brothers saw that staying apart not only reduced their strength but also finished it...I'm not s ...Read More >
Bengaluru (Karnataka) [India], June 7 (ANI): Questioning the 'silence' of the top leadership of the Congress party over the Bengaluru stampede incident, Union Minister Shobha Karandlaje on Saturday said that no remarks had been made by them as they consider Karnataka as their 'ATM'. 'I want to ask the Congress high command why they are silent. Rahul Gandhi, KC Venugopal and others used to come here often. Where are they now? They are silent because Karnataka is their ATM. They should demand the resignation of the CM and the Deputy CM,' Karandlaje said in a press conference. She further deman ...Read More >
India opened the scoring through Geeta Yadav (11th minute); however, in the second quarter, Belgium equalised through Marie Goenns (25th) The Indian junior women's hockey team made a positive start to its tour of Europe with a 3-2 win over hosts Belgium here on Sunday. India opened the scoring through Geeta Yadav (11th minute). However, in the second quarter, Belgium equalised through Marie Goenns (25th). Soon Belgium took the lead as Louise van Hecke (34th) found the back of the net. India made a valiant comeback and levelled the scores through Sonam (40th). The visitors continued to att ...Read More >
CHENNAI: The Tamil Nadu government has requested the union government to release pending dues amounting to Rs 2,670.64 crore. These dues relate to expenses incurred by the state for paddy procurement, rice fortification, and subsidies for ragi and sugar. Of the roughly 2.25 crore ration cards in Tamil Nadu, the cost of supplying rice through the Public Distribution System (PDS) to 1.12 crore cards (covering 3.6 crore beneficiaries) is fully borne by the centre under the National Food Security Act (NFSA). Of the total outstanding dues of Rs 2,670.64 crore, a sum of Rs 2,181.88 crore has been ...Read More >
NEW DELHI: The Enforcement Directorate (ED) on Thursday announced the provisional attachment of assets worth approximately ₹131.45 crore in Spain, including a luxury yacht and immovable properties, under the Prevention of Money Laundering Act (PMLA). These assets belong to Pavel Prozorov, a Spanish national and the alleged mastermind behind the unauthorised forex trading platform OctaFX. The attached assets comprise a commercial Italian-model luxury yacht cruising in the Western Mediterranean, a minijet boat, a luxury car, and two residential properties in Spain. The ED's probe was launched ...Read More >
Maharashtra Deputy CM Eknath Shinde's "Jai Gujarat" remark at a Pune event, attended by Amit Shah, has ignited controversy amidst a language debate in Maharashtra. This came shortly after an investor challenged MNS president Raj Thackeray about learning Marathi.Saying "Jai Gujarat" at the end of his speech at a recent event has landed Maharashtra Deputy CM Eknath Shinde into a massive row as it comes amidst the language debate in the state. In the presence of Union home minister Amit Shah during ...Read More >
The Huddle was a two-day conclave featuring thought leaders from the world of politics, business, academics, sports and the arts. This conclave saw Sri Lanka's the then leader of Opposition, Mahinda Rajapaksa, politicians Jairam Ramesh, Arif Mohammed Khan, tennis player Sania Mirza, the then Home Minister Rajnath Singh, among other leaders and academics share their ideas. Photo: MURALI KUMAR K A Mixed Legacy: The many facets of Indira Gandhi : Srinath Raghavan, Academic & Author, Jairam Ramesh, Economist & Politician, Shekhar Gupta, Journalist In conversation with Mini Kapoor, Ideas Editor, ...Read More >
Mysuru, June 6 (SocialNews.XYZ) Union Minister for Food and Public Distribution, Pralhad Joshi, urged the Congress High Command to seriously consider the Chinnaswamy stampede tragedy on June 4 that claimed 11 lives and direct Karnataka Deputy Chief Minister D.K. Shivakumar to resign. Speaking to the media here on Friday, Joshi stated that Shivakumar should resign from the Deputy Chief Minister's post without a moment's delay. He added that CM Siddaramaiah himself should bear the moral responsibility for the incident. Joshi questioned whether it wasn't an inexcusable offence that despite news ...Read More >