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.
New Delhi [India], September 30 (ANI): Actor Urvashi Rautela appeared before the Enforcement Directorate (ED) at its headquarters in Delhi on Tuesday for questioning related to the ongoing investigation into the illegal betting app 1xBet. The ED is probing alleged money laundering and celebrity endorsements linked to the platform, which has come under scrutiny for violating India's gaming and financial laws. As part of the investigation, the ED had summoned former Indian cricketers Yuvraj Singh and Robin Uthappa, as well as Bollywood actor Sonu Sood, for questioning. Uthappa had been summoned on September 22, while Singh had been called on September 23, and Sood on September 24. All three had been directed to appear at ED headquarters in New Delhi. ED is examining possible financial links and promotional activities associated with the platform named 1xBet, which has been under the scanner of multiple agencies for alleged violations of the Prevention of Money Laundering Act (PMLA) and other laws. The agency suspects that certain celebrities may have indirectly promoted or endorsed the app, which is banned in India, thereby giving it legitimacy among users. The case involves the platform operating in India, suspected of alleged money laundering, tax evasion, and rigging its algorithms. The case has been under investigation for the past several years, with authorities alleging that the platform was operating illegally in India through surrogate websites and offshore entities. The Central Bureau of Investigation (CBI) had earlier registered a case against the operators of the app for targeting Indian users, after which the ED initiated its own money laundering probe. This is not the first time celebrities have come under the scanner in relation to betting and gaming apps. In the past, the ED had questioned actors, cricketers and influencers for their involvement in the promotion of offshore betting and gambling platforms that are not permitted under Indian law. The broader investigation targets various celebrities and influencers who may have promoted these platforms, which are suspected of tax evasion and duping investors, and has also drawn in other prominent figures, including actors and cricketers. Earlier, the ED had also questioned former cricketers Shikhar Dhawan and Suresh Raina. This investigation is one of several probing into illegal betting platforms. Last month, ED had also conducted multi-state searches in connection with a similar investigation against an online betting app. (ANI)
New Delhi, Dec 4 (PTI) "On the face of it you are a corrupt person. Crores of rupees were recovered from your premises," the Supreme Court on Wednesday told former West Bengal minister Partha Chatterjee, held in an alleged cash-for-job scam in the state. A bench of Justices Surya Kant and Ujjal Bhuyan, which reserved its verdict on the bail plea of Chatterjee, questioned the enforcement directorate (ED) over his continued incarceration saying he cannot be kept inside for an indefinite period. "On the face of it you are a corrupt person. Crores of Rupees were recovered from your premises. Wha ...Read More >
New Delhi: Bollywood superstar Akshay Kumar has officially revealed the release date for his much-anticipated horror-comedy, 'Bhooth Bangla.' The film, which marks his reunion with veteran director Priyadarshan, will be released on April 2, 2026. The actor shared the exciting news on his official Instagram account, alongside a new poster for the movie, which has already sparked a wave of enthusiasm among fans. In his Instagram post, Akshay Kumar wrote, "Beyond excited to be on set with my favourite @priyadarshan.official as we begin the shoot of our horror comedy #BhoothBangla today. Yeh darr ...Read More >
NEW DELHI: Dilip Kumar, the 'Tragedy King' of Indian cinema, continues to be remembered for his unmatched contributions to Bollywood. Born on December 11, 1922, as Muhammad Yusuf Khan in Peshawar, Pakistan, he ruled the silver screen with his impeccable acting skills, emotional depth, and charisma. On the occasion of his birth anniversary, let's take a trip down memory lane to revisit some of the most iconic roles that made Dilip Kumar a cinematic legend, a man who left an indelible mark on Indian cinema. 1. 'Andaz' (1949) In 'Andaz', Dilip Kumar shared the screen with Nargis and Raj Kapoo ...Read More >
Hyderabad, Dec 18 (Maxim News): The Cyberabad Police, in collaboration with the Society for Cyberabad Security Council (SCSC), launched a significant awareness initiative under the project P.R.O.T.E.C.T. (Preventing Risks Online Through Education, Collaboration, and Training) on December 17, 2024, at the Cyberabad CP Office Main Conference Hall. Click Here To Join Us On WhatsApp Cyberabad CP Avinash Mohanty said & quot; Cybercrime has become one of the fastest-growing challenges in our society today, and it is a privilege for all of us to gather here to discuss solutions. Every year, cyber c ...Read More >
Mumbai, January 10: India tearaway Varun Aaron on Friday announced his retirement from "representative cricket" bringing an end to his journey, which began in 2011. In a country that has starved for explosive pacers, Varun announced himself to the world as a genuine quick. He made the headlines by clocking 153 kph during the 2010-11 Vijay Hazare Trophy final against Gujarat. With the sheer pace with which he bowled and consistent performances, Varun looked set to become the next big thing in the world of cricket. ICC Chairman Jay Shah To Be Felicitated by BCCI During Special General Meeting. ...Read More >
Bengaluru: In a setback to Karnataka Chief Minister Siddaramaiah, the Directorate of Enforcement (ED), Bangalore Zonal Office has provisionally attached 142 immovable properties having an approximate market value of Rs 300 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with the Mysuru Urban Development Authority (MUDA) scam. Chief Minister Siddaramaiah is accused number one in the case and the investigation is also conducted against others who got the illegal allotments done through the MUDA. His wife B.M. Parvathi is the second accused. "The ...Read More >
New Delhi [India], December 4 (ANI): The Central Bureau of Investigation (CBI) on Wednesday conducted searches at 10 locations in Delhi and surrounding areas in connection with an on-going investigation of a transnational cyber enabled fraud case involving large-scale financial scams. CBI registered the said case under Sections 403 and 420 of the Indian Penal Code and Section 66D of the Information Technology Act, 2000, based on a written complaint received from the Indian Cyber Crime Coordination Centre (I4C), Ministry of Home Affairs, Government of India. The complaint alleged that unknown ...Read More >
MUMBAI: The much-anticipated 'Baaghi 4', produced by Sajid Nadiadwala, has just added a new star to its roster, with Punjabi sensation Sonam Bajwa joining the cast alongside Tiger Shroff. Set to go on floors soon in Mumbai, 'Baaghi 4' promises to deliver high-octane action sequences, with a storyline that combines intense thrills with romance. Sonam Bajwa will be playing the female lead opposite Tiger Shroff, marking her second collaboration with Sajid Nadiadwala after she makes her Bollywood debut in 'Housefull 5'. In an Instagram post, Tiger Shroff welcomed Sonam to the team, expressing h ...Read More >
Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a ₹10 lakh insurance policy, ₹1 lakh for daughters' marriages, a biannual ₹2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.Ahead of crucial Delhi assembly polls, Arvind Kejriwal promised several measures for auto dri ...Read More >
New Delhi [India], December 12: The results for CLAT 2025, announced on December 7, 2024, have once again proven why Law Prep Tutorial is India's most trusted name in CLAT coaching. With an incredible 1310 National Law University (NLU) selections, including 38 students within AIR 100 and 5 in the Top 10 ranks, the institute has set a new benchmark in CLAT preparation. Also Read | What Is Mahila Samman Yojana, Announced by Arvind Kejriwal? Know Everything Including Eligibility, Benefits and How to Apply. These results highlight Law Prep Tutorial's unmatched commitment to excellence and its co ...Read More >
SS vs NC Dream11 Prediction Today Match 1 Big Cricket League T20 2024 Expert Advice: Southern Spartans will be taking on Northern Challengers in the first match of the Big Cricket League T20 2024 at the Lalbhai Contractor Stadium, Vesu, Surat on 12th December at 7:30 PM IST. Get the best SS vs NC Dream11 prediction, fantasy cricket tips, probable playing XI, and match insights for the 1st match of the Big Cricket League T20 2024. Expert analysis and more. The Big Cricket League T20 2024 is set ...Read More >
Bengaluru: A social activist and petitioner against Chief Minister Siddaramaiah, Snehamayi Krishna on Wednesday complained to the Superintendent of Police Lokayukta Mysuru alleging that he was offered huge money through his son Vivek by persons claiming to be close to B.M. Parvathi, wife of Chief Minister Siddaramaiah, to retreat from his complaint against Chief Minister Siddaramaiah and his family members over plot distribution irregularities by Mysore Urban Development Authority (MUDA) in Mysuru city. It may be recalled here that Snehamayi Krishna is one among three petitioners to Governor ...Read More >
NEW DELHI: An Enforcement Directorate team undertaking searches in a cyber fraud linked money laundering case was allegedly attacked here on Thursday, officials said. The agency has registered a police FIR about the incident that took place at a farmhouse that was raided by ED officials in the Bijwasan area of southwest Delhi that falls under the Kapashera police station. An Enforcement Officer (EO) suffered minor injuries during the attack. He is continuing with the searches after he was given first aid, officials said. The probe pertains to a case against the PYYPL app. The alleged accus ...Read More >
Panaji (Goa) [India], December 12 (ANI): Actor Keerthy Suresh tied the knot with her long-time beau Antony Thattil in Goa. After solemnising her relationship in a traditional ceremony, Keerthy took to Instagram and shared pictures from her D-Day. Also Read | RSIFF 2024: Nick Jonas Reveals Being Fascinated by Priyanka Chopra's Career, Shares His Thoughts on Indian Films. "#ForTheLoveOfNyke (heart emoji)," she captioned the post. https://www.instagram.com/p/DDeNyx2M5ai/?hl=en&img_index=1 Also Read | Who Is Benny Blanco? All You Need To Know About American Music Producer Engaged To Pop Sensa ...Read More >
Mumbai (Maharashtra) [India], December 15 (ANI): Shiv Sena (UBT) MP Sanjay Raut on Sunday launched a scathing attack on Prime Minister Narendra Modi's speech in Lok Sabha, where he emphasized zero tolerance towards corruption. Raut questioned PM Modi's sincerity, pointing out the presence of allegedly corrupt leaders within the BJP, such as Ajit Pawar and Eknath Shinde. Raut's criticism also extended to PM Modi's relationship with business magnate Gautam Adani, implying that the Prime Minister's tolerance of Adani undermines his claims of zero tolerance towards corruption. "Ask your 56-inch ...Read More >
'Rehnaa Hai Terre Dil Mein' (2001) is a romantic drama directed by Gautham Vasudev Menon, marking the Bollywood debut of R Madhavan and Dia Mirza. At the 55th International Film Festival of India (IFFI) in Goa, actor R Madhavan opened up about the emotional journey of his iconic film 'Rehnaa Hai Terre Dil Mein' (RHTDM), which has achieved cult status over the years. The film, initially released in 2001, marked a significant milestone in Bollywood, both for R Madhavan and his co-star Dia Mirza, as it was their debut film. Directed by Gautham Vasudev Menon, the romantic drama also starred Saif ...Read More >
New Delhi [India], December 4 (ANI): The Enforcement Directorate (ED) seized cryptocurrency worth Rs 1.36 crore (USDT) from private wallets, along with unexplained cash amounting to Rs 47 lakh, during an investigation into a major money laundering case. The case pertains to cyber fraud involving illegal proceeds of approximately Rs 640 crore, generated through betting, gambling, part-time job scams, and phishing operations. The ED also recovered various incriminating documents linked to the fraud during its crackdown. Also Read | Banking Laws (Amendment) Bill, 2024 Set To Boost Consumer Expe ...Read More >
New Delhi [India], December 11 (ANI): Rohini District Court on Wednesday issued a notice to BJP MP Bansuri Swaraj in a civil defamation suit filed by AAP leader Satyendra Jain. Jain has stated that Bansuri Swaraj made defamatory remarks in an interview with a television channel in October 2023. Senior Civil Judge Naina Gupta issued notice to Bansuri Swaraj and others and sought a response to the suit. The next date of hearing is 22 February 2025. Jain has prayed for direction to the TV channel to take down the content in question and restrain her from making further statements. Jain has cla ...Read More >
Mumbai: Shiv Sena (UBT) MP Sanjay Raut on Sunday launched a scathing attack on Prime Minister Narendra Modi's speech in Lok Sabha, where he emphasized zero tolerance towards corruption. Raut questioned PM Modi's sincerity, pointing out the presence of allegedly corrupt leaders within the BJP, such as Ajit Pawar and Eknath Shinde. Raut's criticism also extended to PM Modi's relationship with business magnate Gautam Adani, implying that the Prime Minister's tolerance of Adani undermines his claims of zero tolerance towards corruption. Statement Of Shiv Sena-UBT Leader Sanjay Raut "Ask your 5 ...Read More >
It seems like the lady has found love again. Reports suggest that Malaika Arora has started seeing fashion stylist Rahul Vijay, and here's everything you need to know about him and their growing romance. Malaika Arora seems to have found love again months after breaking up with Arjun Kapoor. The diva recently attended AP Dhillon's Mumbai concert with a mystery boy and the internet quickly recalled that he was the same guy Malaika was spotted with last week on a dinner date. This time, Arora even ...Read More >
Mumbai (Maharashtra) [India], December 11 (ANI): Ranveer Singh and Deepika Padukone's newborn daughter, Dua Padukone Singh, turned three months old on December 8. To mark the occasion, Anju Bhavnani, Ranveer's mother and grandmother to little Dua, donated her hair to charity as a gesture of love and hope. Also Read | 'Crime Patrol' Actress Sapna Singh Seeks Justice After Son's Tragic Death; Police Arrest Two Friends. In a post on X (formerly Twitter), Anju shared a series of pictures in which she was seen holding four braids of her donated hair with the caption, "Donated." The next photo d ...Read More >
New Delhi, Dec 13 (PTI) The Supreme Court on Friday granted conditional future bail to former West Bengal minister Partha Chatterjee in a money laundering case related to the cash-for-job scam. A bench of Justices Surya Kant and Ujjal Bhuyan said that Chatterjee shall be released on February 1, 2025 subject to the trial court framing charges before the winter vacation and examination of vulnerable witnesses by the second and third week of January 2025. The top court said upon his release Chatterjee shall not hold any public office but can continue as MLA. The bench said that a suspect canno ...Read More >
Despite its vast potential, the full capabilities of GST data remain largely unrealised. While aggregate data provides a broad overview of tax performance and health of the Indian economy, disaggregated sector-wise information is crucial for evidence-based policymaking. A closer look at the performance of GST revenue collection raises several questions. First, though the growth of GST revenue collection improved in the last seven years (13 per cent) compared to the pre-GST period 2012-17 (11.8 per cent), there has been hardly an increase in the tax base of GST in the last seven years compared ...Read More >
Cybercrime is quickly increasing in India, with reports surfacing daily about victims losing large sums of money to scammers. These scammers often use tactics like threatening a "digital arrest" to instill fear and pressure individuals into transferring money. They typically operate from foreign countries to evade capture by law enforcement. The Indian government, including Prime Minister Modi, is actively raising awareness about these scams. Recently, the Department of Telecommunications (DoT) issued a warning to the public regarding international fraud calls. They advised people to be caut ...Read More >
Ranchi: Jharkhand Chief Minister Hemant Soren got big relief from the Jharkhand High Court, which on Wednesday exempted him from personally appearing before the MP-MLA Special Court in Ranchi in a case related to alleged disobedience of Enforcement Directorate (ED) summonses. The Bench of Justice Anil Kumar Choudhary issued a notice to the ED and directed it to file a response. The next hearing has been scheduled for December 16. Earlier, the MP-MLA Special Court had dismissed Soren's plea for exemption from personal appearance on November 25, ordering him to appear on December 4. Aggrieved ...Read More >
INDIA bloc MPs, donning black jackets with slogans like "Modi Adani Ek Hai", protested at Parliament demanding a joint probe into the Adani issue. Priyanka Gandhi Vadra accused PM Modi of evading discussion on the "Adani mega scam" while defending Adani's alleged corruption. Rahul Gandhi asserted that Modi won't investigate Adani as it would be like investigating himself.Congress leader Priyanka Gandhi Vadra Thursday said the country's people want the "Adani mega scam" to be discussed in Parliame ...Read More >
New Delhi, Dec 13 (PTI) The Supreme Court on Friday granted conditional future bail to former West Bengal minister Partha Chatterjee in a money laundering case related to the cash-for-job scam. A bench of Justices Surya Kant and Ujjal Bhuyan said that Chatterjee shall be released on February 1, 2025 subject to the trial court framing charges before the winter vacation and examination of vulnerable witnesses by the second and third week of January 2025. Also Read | Atul Subhash Suicide Case: Wife Nikita Singhania Absconds, Karnataka Police Arrest Her Mother, Brother From Uttar Pradesh's Jaunp ...Read More >
New Delhi [India], December 15 (ANI): Singer AP Dhillon rocked the stage in New Delhi on Saturday evening as part of his 'The Brownprint Tour' where he thrilled thousands of fans with his energetic performances. The concert became even more special when Honey Singh, Jazzy B, and Shinda Kahlon joined him on stage leaving fans surprised. Jazzy B entertained the crowd with his iconic track 'Dil Luteya', while Honey Singh brought his signature energy with 'Millionaire', a song recently featured in the Hindi dub of 'Suits'. Together with AP Dhillon, the trio sang 'Dil Luteya', making fans cheer a ...Read More >
The IPL 2025 auction in Jeddah saw records shattered, with Indian players dominating the headlines. Arshdeep Singh broke Yuvraj Singh's nine-year-old auction record, fetching ₹18 crore, only for Shreyas Iyer to surpass it with ₹26.75 crore. Rishabh Pant became the most expensive player, bought for ₹27 crore by Lucknow Super Giants. However, Jitesh Sharma's IPL salary hike was the talk of the auction, as he secured ₹11 crore, a staggering 5500% increase from his previous ₹20 lakh. Royal Challengers Bengaluru picked him up as a wicketkeeper-batter to replace Dinesh Karthik. Other big earners inc ...Read More >
Bengaluru, December 11: Flipkart-subsidiary Myntra was recently cheated by fraudsters who allegedly stole over one crores rupees this year during March and June. The scammers attacked the e-commerce company by exploiting some loopholes related to the Myntra policy and looted the money. The firm reported a loss of INR 1.1 crore in Bengaluru and INR 50 crore nationwide as the scammers abused the complaints and refund options. According to the reports, the crooks who ran the Myntra refund scam were traced back to Jaipur, Rajasthan. Most of them ordered expensive products online, such as branded ...Read More >