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.
Hyderabad: Hyderabad topped the list of forgery, cheating and fraud cases in 2023 compared to 16 major cities in the country, according to the National Crime Records Bureau (NCRB) released on Monday. As many as 4,090 cases related to Section 420 (cheating) read with Sections 465 (Forgery), 468 (forgery for purpose of cheating) and 471 (use of a forged document or electronic record as genuine) of Indian Penal Code (IPC) and IT Act were booked with as many as 4,203 victims. These cases were among the total 25,749 cases (IPC and Special and Local Laws (SLL)) booked in Hyderabad registering 332.3 rate of cognizable crimes with a charge-sheeting rate of 67 per cent. Hyderabad also topped the list of bank frauds and ATM theft cases registering 709 and 156 cases, respectively compared to 16 cities. These cities include Ahmedabad, Bengaluru, Chennai, Coimbatore, Delhi, Ghaziabad, Indore, Jaipur, Kanpur, Kochi, Kolkata, Kozhikode, Lucknow, Mumbai, Nagpur, Patna and Surat. Mumbai stands in second place with 2020 cases of forgery, cheating and fraud followed by Delhi with 1779 cases. Hyderabad also stood in first place in credit and debit card cases in 2023 compared to other cities. It registered 211 cases followed by Mumbai with 174 cases and Chennai with 169 cases. With respect to bodily offences, Hyderabad registered only 94 cases registered under Section 302 of IPC. However, Delhi topped the list of murders with 503 cases followed by Bengaluru with 206 cases. Hyderabad registered 368 cases pertaining to deaths due to negligence related to road accidents. As many as 162 hit and run cases were registered in 2023 in the city, the NCRB said. Referring to women related cases, Hyderabad registered 191 cases of sexual harassment and five cases of harassment at office or workplace. It recorded 592 kidnap cases including two kidnap for ransom cases. Around 173 rape cases were registered in the State capital, but no sedition cases were booked, the NCRB said, adding that 385 burglaries were registered in 2023.
New Delhi [India], November 26 (ANI): Spiritual guru and founder of the Isha Foundation, Sadhguru, on Tuesday came out strongly and expressed grave concern over the arrest of Chinmoy Krishna Das, a prominent ISKCON leader in Bangladesh. Taking to social media platform X, Sadhguru highlighted the shift from a democratic to a theocratic and autocratic system in Bangladesh, stressing the importance of understanding the value of an open democracy. He pointed out that persecution based on religion or demographic weaknesses is not in line with democratic ideals. Also Read | UK Horror: Transgender ...Read More >
Kolkata, Jan 21 (VOICE) The West Bengal government on Tuesday approached the Calcutta High Court, challenging the special court's verdict sentencing Sanjay Roy, convicted in the rape and murder of a junior doctor of state-run R.G. Kar Medical College and Hospital, to life imprisonment. State Advocate General Kishor Datta has approached the division bench of Justice Debangshu Basak and Justice Shabbar Rashidi seeking a "death penalty" for the convict. The division bench has admitted the petition from the state government. After the court pronounced the quantum of sentence, Chief Minister Mama ...Read More >
Vijayawada: Chief Minister N Chandrababu Naidu on Friday unveiled an ambitious vision to transform Visakhapatnam into a new Mumbai over the next seven years. He directed officials to develop the 'Visakha Economic Region' as AP's primary growth engine, aiming for a staggering $120 billion economy from this region by 2032. The proposed economic region encompasses eight districts, including Visakhapatnam, Vizianagaram, Srikakulam, Anakapalli, Kakinada, East Godavari, Alluri Sitharama Raju (ASR), and Manyam. The Chief Minister has instructed the officials to launch projects that will significantl ...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 >
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 >
New Delhi, [India], December 11 (ANI): The Supreme Court has expressed concern over the growing tendency to misuse Section 498A of the Indian Penal Code (IPC), which penalises cruelty by husbands and their relatives against married women. While quashing a Section 498A IPC case against a husband and his parents, a bench of Justices BV Nagarathna and N Kotiswar Singh said that the Section became a tool for unleashing personal vendetta against the husband and his family by a wife. Also Read | RBI Will Remain Alert and Agile to Meet Challenges, Says New Governor Sanjay Malhotra (Watch Video). " ...Read More >
New Delhi, Jun 5 (PTI) Fintech firm BimaPay Finsure on Thursday said it has entered into corporate insurance financing and aims for Rs 20 crore in premiums in 2025-26. Launching the pilot phase with insurance partners, BimaPay said the initiative will allow businesses to pay premiums in easy equated monthly instalments (EMIs) instead of bearing the burden of full upfront costs. Also Read | Who Is Pinaki Misra? From Age to Family Background and Net Worth, Here's All About BJD Leader With Whom Mahua Moitra Reportedly Married. The company aims to finance over Rs 20 crore worth of premiums by t ...Read More >
VIJAYAWADA: Chief Minister N Chandrababu Naidu has directed the officials to develop 'Visakha Economic Region' as the growth engine of Andhra Pradesh, with an aim to transforming it into a USD 120 billion economic region by 2032. He emphasised the need to develop Visakhapatnam on the lines of Mumbai in the next seven years. The Economic Region consists of eight districts including Visakhapatnam, Vizianagaram, Srikakulam, Anakapalli, Kakinada, East Godavari, ASR, and Manyam. The Chief Minister instructed officials to develop projects that would boost economic activity across this eight-distri ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
The United States recently updated its travel advisory for India. The Ministry of External Affairs acknowledged the update. The US advises its citizens to exercise caution due to crime and terrorism. Certain areas are marked as high-risk. The advisory level for India remains unchanged. It has been at level 2 for several years.Travel advisories are periodically issued by countries based on their "assessment of various factors", and "we have noted" that the US has updated the travel advisory for In ...Read More >
Vijayawada: Chief Minister Nara Chandrababu Naidu on Friday unveiled an ambitious vision to position Andhra Pradesh as a global destination of tourism, emphasising its role as an engine for economic growth, employment generation, and cultural promotion. Addressing industry leaders, policymakers, and stakeholders at a tourism conclave here, the Chief Minister said his goal is to make Andhra Pradesh a wealthy, healthy, and happy state. "Andhra Pradesh will be the future destination for wellness and happiness. My goal is a wealthy, healthy, happy Andhra Pradesh - that is the goal I have set," h ...Read More >
Amit Shah congratulates Chandigarh for being the first to fully implement three landmark criminal laws, promising nationwide adoption within three years. These new laws aim to redefine justice, focusing on fairness rather than punishment, and replacing outdated colonial legislation with democratic principles. Union Home Minister Amit Shah on Tuesday lauded Chandigarh for becoming the first city in the nation to fully implement three groundbreaking criminal laws, signaling a shift in India's legal framework. The new legislation includes the Bharatiya Nyay Sanhita, Bharatiya Nagrik Suraksha San ...Read More >
Thiruvananthapuram: In his budget for 2025-26, Finance Minister K N Balagopal emphasised on technology, research, jobs, and education, positioning the state as a knowledge powerhouse. Here are key allocations and initiatives that could fuel the state's knowledge economy vision. Technology & AI * Rs 10 crore for establishing a world-class GPU cluster in Thiruvananthapuram to develop AI and AVGC (Animation, Visual Effects, Gaming, and Comics) industries. Unlike a CPU (Central Processing Unit), optimised for sequential tasks, a GPU (Graphics Processing Unit) excels at parallel processing, maki ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...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 >
The National Investigation Agency (NIA) has launched an investigation into three cases of violence in Manipur, including the abduction and killing of six women and children from the State's Jiribam district on November 11. The anti-terror agency re-registered three cases afresh on November 13 after the Ministry of Home Affairs decided to hand over the cases to it considering the gravity of the offences amid escalating violence in the strife-torn State. "The objective is to unearth the larger conspiracy behind the brutal attacks," an NIA spokesperson said on Tuesday (November 26, 2024). Last ...Read More >
Kuldeep Singh Sengar is also serving a 10-year jail term in connection with the custodial death of the Unnao rape victim's father. Kuldeep Singh Sengar sought interim bail on the grounds that he was suffering from various ailments The Delhi High Court on Thursday granted a two-week interim bail on medical grounds to expelled BJP leader Kuldeep Singh Sengar who is serving life term for raping a minor in Uttar Pradesh's Unnao in 2017. A bench headed by Justice Prathiba M Singh suspended the sent ...Read More >
Shimla, Jan 14 (PTI) Himachal Pradesh Police has filed an FIR against two men from Haryana for allegedly raping a married woman in a hotel in Kasauli, officials said on Tuesday. The accused, Mohanlal Badoli and Jai Bhagwan alias Rocky, also made videos of the act and threatened to kill the victim if she disclosed the incident to anyone, they said. The FIR was registered in Kasauli in Solan district on December 13, 2024. A copy of the FIR was doing the rounds on social media on Tuesday. According to the FIR, the woman was staying in a hotel in Kasauli with her boss and friend when she and he ...Read More >
Gandhinagar (Gujarat) [India], June 7 (ANI): Gujarat Chief Minister Bhupendra Patel, while inaugurating the new Development Center of Infosys at GIFT City, reaffirmed the State Government's commitment to advancing the AI industry by implementing artificial intelligence-based systems across the state. He stated that the establishment of an AI Centre of Excellence at GIFT City is aimed at creating a unified platform that brings together solution developers, experts, professionals, and startups under one roof. Also Read | Latur Shocker: Man Kidnaps Woman's Child for Rejecting His Proposal for A ...Read More >
Hyderabad: The phone tapping case in Telangana took a dramatic turn on Tuesday with the police booking former minister T. Harish Rao and others. A case against the Bharat Rashtra Samithi (BRS) leader and others was registered at Panjagutta Police Station in Hyderabad on a complaint by G. Chakradhar Goud, a real estate businessman. The complainant, who is also the founder of Farmers First Foundation, alleged harassment, threats, and unlawful phone surveillance. Panjagutta Police registered a case under Indian Penal Code (IPC) Section 120(B) (Criminal conspiracy), 386 (Extortion), 409 (Crimin ...Read More >
New Delhi, Dec 13 (PTI) Subscribers of the retirement fund body EPFO may soon be able to withdraw money from their accounts through ATMs, a top official said. Union Labour Secretary Sumita Dawra has reportedly stated in a media report that the labour ministry is upgrading information technology infrastructure to provide enhanced services to the Indian workforce. She further said that claimants, beneficiaries or insured individuals will be able to access their claims through an ATM. According to the media report, the withdrawal will be capped at 50 per cent of the Employees' Provident Fund ( ...Read More >
New Delhi [India], January 22 (ANI): The Supreme Court on Wednesday issued notice to the Madhya Pradesh government on a plea seeking a CBI/SIT investigation into the murder of a 20-year-old Dalit woman along with her two family members in Madhya Pradesh's Sagar. A bench of Justices JK Maheshwari and Aravind Kumar sought a response from the Madhya Pradesh government and CBI on the plea also seeking immediate and effective police protection for the members of the family of the deceased. Also Read | Suicide Pact Tragedy: Pregnant Teenage Girl Jumps off 3rd Floor of Building in Surat, Lover Who ...Read More >
The Bihar government on Thursday (June 5, 2025) sanctioned compensation of ₹8.25 lakh under the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989, to the family members of the 11-year-old Dalit girl who was raped and brutally assaulted with a knife, and later succumbed to her injuries at the Patna Medical College and Hospital (PMCH) on June 1. The State also announced a monthly pension of ₹7,700 for the victim's family, in addition to the allotment of a house under the Mukhyamantri Awas Yojana. According to officials, the girl, who was transferred from Muzaffarpu ...Read More >
New Delhi [India], June 6 (ANI): Delhi's Dwarka Court recently acquitted an army colonel and his friend accused of raping an advocate noting the delay in FIR and contradications in the testimony of victim and absence of corroborative forensic or medical evidence to prove the allegations. While acquitting the accused persons, the Additional Sessions Judge (ASJ) Gagandeep Jindal noted the contradictions and inconsistencies in the complainant's testimony. An FIR was lodged at Dwarka 23 Police Station against army officer under Sections 376 (2) (n) (repeated rape) by administering sedative laced ...Read More >
Imphal, June 7 (UNI) Three militants were nabbed in separate incidents during the last 24 hours in Manipur, police said on Saturday. Manipur Police arrested a militant from Moidangpok Awang Leikai from Khumbong Bazar under Imphal West District, they said. Security forces arrested a militant from the Elangkhanpokpi Mayai Leikai area under Kakching district. Security forces apprehended a militant from Wangoo Samushang in Bishnupur district and elected members from Kumbi area. In an operation, one M16 rifle, one bolt-action rifle, three pull-mechanism rifles, three improvised mortars, and fiv ...Read More >
New Delhi, Jun 26 (PTI) Travel advisories are periodically issued by countries based on their "assessment of various factors", and "we have noted" that the US has updated the travel advisory for India, the Ministry of External Affairs said on Thursday. MEA spokesperson Randhir Jaiswal said this in response to a query on the advisory issued recently by the US for its citizens travelling to India. Also Read | 8th Pay Commission To Triple Medical Allowance and Raise Minimum Salary to INR 27,000? Check Details. In the June 16 advisory, the US urged its citizens to exercise "increased caution" d ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >
Bhubaneswar: Internet facilities will be provided to all villages of the State by March 2025, said Odisha Electronics and IT minister Mukesh Mahaling in the Assembly on Monday. As per reports, Odisha IT Minister Mukesh Mahaling today said in the Assembly that internet facility will be made available to all the villages of the State by March 2025. There are 12602 5G towers in the State as of now. A task force has been formed at the district level to resolve the internet problem. Steps are being taken to install these towers. IT Minister Mukesh Mahalinga has informed this to the House. It is ...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 >
New Delhi [India], December 15 (ANI): Ministry of Development of North Eastern Region is set to host the Northeast Trade and Investment Roadshow in Mumbai on Monday. The event will be addressed by Jyotiraditya M. Scindia, Union Minister for MDoNER, along with Tripura Chief Minister Manik Saha, Maeghalya Chief Minister Conrad Sangma. Chanchal Kumar, Secretary, MDoNER, and Monalisa Dash, Joint Secretary, MDoNER, will also attend, alongwith senior representatives from various northeast states. The Roadshow will feature B2G meetings, offering a unique opportunity for potential investors to inte ...Read More >