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.
Chennai, Sep 30 (SocialNews.XYZ) A routine installation job turned deadly on Tuesday when a massive steel arch collapsed at the Ennore Special Economic Zone (SEZ) thermal power project, killing nine contractual workers from Assam and injuring one more. The tragedy occurred at the Stage 4 section of the plant, where 10 workers were fitting a steel arch cover over a coal handling unit. The structure, designed to shield coal stockpiles, suddenly gave way, sending all 10 men plummeting. "Despite safety features like belts, they suddenly fell. Nine were brought dead to Stanley Medical College Hospital. One worker survived with abrasions and lacerations; his condition is not critical," said J. Radhakrishnan, Tamil Nadu Additional Chief Secretary and state health spokesperson. The bodies of the deceased were brought to Stanley Hospital and were shifted to the mortuary for post-mortem. Hospital authorities identified the victims as Munnakemprai, Vidayum Pravotsha, Sumon Karikap, Deepak Raijiung, Sarbojit Thausen, Pranto Sorong, Paban Sorong, Phaibit Phonglo, and Bimaraj Thausen. All were contractual workers hired through a subcontractor of Bharat Heavy Electricals Limited (BHEL). Radhakrishnan, who visited the hospital, said that the state government is coordinating with BHEL safety officers. "While safety measures were reportedly in place, the sudden collapse gave them little chance to survive. From the government side, whatever help is needed will be extended," he said, adding that the state is working to notify the families and arrange transporting the bodies back to Assam. The Ennore SEZ thermal power project is a 2×660 MW capacity plant under phased construction. Stages 1, 2, and 3 are operational, while Stage 4 -- where the mishap occurred -- is 70 per cent complete and still under heavy work. Officials estimate nearly 3,200 workers, mostly guest labourers from various states, are on site daily. Police and safety inspectors are investigating the cause of the collapse and whether the structure met mandated standards. Meanwhile, security has been stepped up at Stanley Hospital as families and representatives from labour unions prepare to arrive. The accident has raised urgent questions about the safety oversight at large-scale industrial projects where migrant workers form the backbone of the workforce.
Chennai/Sivaganga, Jul 1 (PTI) The opposition in Tamil Nadu on Tuesday mounted pressure on the ruling DMK over the custodial death of a temple security guard in the state's Sivaganga district, demanding a CBI probe into the matter, even as the state government initiated action against policemen, including putting the district police chief on "compulsory wait". Also, a DSP was placed under suspension. The matter also came up before the Madras High Court bench in Madurai, which appointed an Enquiry Officer to look into the issue and submit a report on July 8, while allowing a CB-CID probe into ...Read More >
Mangaluru: The Karnataka government has officially transferred the investigation into the shocking Dharmasthala serial murder allegations to a Special Investigation Team (SIT), following explosive media reports and a formal request from the Karnataka State Women's Commission. In a government order dated July 19, 2025, the Home Department announced the formation of the SIT to conduct a comprehensive and impartial probe into the disturbing allegations, including mass graves, sexual violence, and the disappearance of women and students in and around Dharmasthala over the past two decades. Daksh ...Read More >
Hit by economic slowdown and poor infrastructure, industrialists from Jharkhand's key industrial districts -- East Singhbhum, West Singhbhum, and Seraikela-Kharsawan -- are looking to the newly formed state government for revival and support. The industrial zones of Adityapur, Gamharia, Kandra, and Chandil have been grappling with inadequate infrastructure, including poorly maintained roads, lack of bridges, erratic water supply, and unreliable power. Entrepreneurs in these regions hope the new administration will address these issues and work toward improving the state's industrial ecosystem ...Read More >
Kottayam: Chief Minister Pinarayi Vijayan said Kerala and Tamil Nadu have always supported each other, establishing a model of cooperative federalism. He said that when rights of states are being encroached upon, such cooperation should be extended among others. Tamil Nadu Chief Minister MK Stalin and Vijayan inaugurated the Thanthai Periyar Memorial and Library in Vaikom in Kerala on Thursday, marking a significant occasion in the commemoration of the legacy of social reformer Periyar E.V. Ramasamy. Several key political leaders from both Tamil Nadu and Kerala, underscored the longstanding ...Read More >
New Delhi, Jan 31 (VOICE) The output of India's eight core sector industries rose 4 per cent year-on-year in December, driven by an increase in the production of coal, steel, and electricity during the month, according to government data released on Friday.The eight core industries include coal, natural gas, crude oil, refinery products, fertilisers, cement, steel and electricity which comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP). The growth rate of the core industries, therefore, is an indicator of the overall industrial growth rate. Apa ...Read More >
New Delhi: India's coal sector has registered a 5.88 per cent increase in production to 830.66 million tonnes (MT) during April 2024 to January 2025 of the current financial year, from 784.51 MT recorded during the same period of 2023-24, according to a Coal Ministry statement issued on Monday. The total coal production during January 2025 has reached 104.43 MT, reflecting a 4.38 per cent increase over 100.05 MT recorded during the corresponding period of the previous year. The contribution from captive, commercial, and other entities for January 2025 has also been particularly strong, with ...Read More >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...Read More >
New Delhi, Dec 4 (PTI) The Congress Wednesday said a "cover-up" is in the making after reports claimed entities connected to the Adani Group have approached the SEBI seeking settlement in a case that alleges violations of public shareholding norms through unfair practices. It asserted the "scam" requires serious punitive action, including arrests and raids by investigative agencies. Congress general secretary in-charge communications Jairam Ramesh said a token settlement would make Indian institutions a laughing stock whose reputation has already been tarnished by the actions of Prime Minist ...Read More >
Guwahati, Jan 31 (PTI) The Gauhati High Court has issued notices to the Assam government and its various departments over rampant rat-hole coal mining and asked them to furnish what steps they have taken to stop the unlawful activity. Taking suo motu cognizance of the Dima Hasao coal mining tragedy, the high court registered a public interest litigation on Monday and issued notices the next day to seven government departments, including the office of the chief secretary. "The court has taken note of various reports which suggest that around more than 200 rat-hole mines are in operation in Um ...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 >
Shimla (Himachal Pradesh) [India], June 26 (ANI): Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Thursday has directed all the Deputy Commissioners of the State to stay alert and ensure 24/7 availability for the public to deal with the unfolding situation efficiently, keeping in view the adverse weather conditions. According to an official statement from the Chief Minister's Office (CMO), while reviewing the situation in the State with district administrations virtually from Shimla today, he asked all Deputy Commissioners to conduct relief and rehabilitation operations for a ...Read More >
Hyderabad, July 1 (SocialNews.XYZ) The death toll in the explosion in a pharmaceutical unit at Pashamylaram near Hyderabad mounted to 36 on Tuesday. With some of the injured succumbing at hospitals and rescue workers recovering more bodies from debris, the death toll rose sharply since Monday. The toll in the worst industrial disaster in Telangana may go up further as the rescue workers continued searches for the bodies in the debris of a three-storey building which collapsed under the impact of the blast. A massive explosion had rocked Sigachi Industries Limited's pharmaceutical factory at ...Read More >
PTC Web Desk: India is expected to witness a massive nationwide shutdown (Bharat Bandh) on July 9 as over 25 crore workers from key critical sectors, including banking, insurance, postal services, coal mining, highways, and public transport -- gear up for a day-long Bharat Bandh. The strike has been called by 10 central trade unions and their allied organisations to protest against the Centre's economic and labour policies, which they allege are anti-worker, anti-farmer, and pro-corporate in nature. Who is participating in the strike? More than 25 crore workers are expected to take part in t ...Read More >
Medak: Telangana State BJP President N. Ramchander Rao on Friday appealed to the people to give the committed party an opportunity to meet the aspirations of the poor and downtrodden. Addressing a large gathering of party workers in Medak, the BJP chief remarked that citizens have experienced the rule of the BRS and the Congress party and have had bitter experiences with the deceitful practices of both. He urged people to support the BJP wholeheartedly in the upcoming local body elections as a way to teach the ruling Congress party a lesson for its unfulfilled promises. Rao emphasized that t ...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 >
New Delhi, Jul 9 (PTI) The proposed 50 per cent import tariff on copper announced by US President Donald Trump will not have any impact on Indian companies as the country is copper-deficient, according to an industry official. Also, Coal and Mines Minister G Kishan Reddy on Wednesday said India will discuss the impact of US tariffs on copper. Also Read | Belagavi Shocker: 3 of Family Members Die by Suicide After Consuming Poison Over Debt in Karnataka. International Copper Association India Managing Director Mayur Karmarkar said, "India is a copper-deficient country, and its export, as such ...Read More >
Chhattisgarh unveils its ambitious 'Anjor Vision @2047', aiming to transform the state into a self-reliant and prosperous entity. Inspired by national objectives, the document outlines strategies across various sectors including agriculture, manufacturing, and technology to boost the economy and societal welfare, aiming for a notable GDP increase by 2047. Chhattisgarh Chief Minister Vishnu Deo Sai launched the 'Chhattisgarh Anjor Vision @2047' document on Thursday. He described it as more than j ...Read More >
Jaipur: A gang, allegedly involved in the adulteration of coal imported from the US, was busted by the Rajasthan Police, leading to the arrest of an individual, a senior official said on Saturday. The gang was adulterating high-quality coal (petcoke) imported from the US, cheating cement and steel factories out of crores of rupees through this illegal operation, Additional Director General of Police (Crime) Dinesh MN said. A team from the Crime Investigation Branch had been gathering intelligence about the theft of petcoke for some time. They were told by informants about several Gujarat-base ...Read More >
Jaipur: In a significant crackdown Saturday, the Rajasthan police's crime branch uncovered a sophisticated network engaged in the adulteration of premium US-imported coal with low-quality coal dust. The operation came to light following a raid at a factory located in Sirohi district, where the illicit activities were being conducted in collusion with truck drivers and Gujarat-based traders.Additional Director General (Crime) Dinesh MN said the police team discovered that workers at the factory were mixing low-grade coal dust, typically used in thermal power plants, with high-quality imported c ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
Chennai (Tamil Nadu) [India], August 14 (ANI): Chennai police on Wednesday night detained sanitation workers who had been protesting for 13 consecutive days outside the Greater Chennai Corporation Ripon Building, following a Madras High Court order to clear the protest site. Around 800 sanitation workers, opposing the civic body move to privatise waste management in two zones, were forcibly removed around midnight and taken away by buses within 45 minutes. For the 13th consecutive day, hundreds of sanitation workers employed under the National Urban Livelihoods Mission (NULM) protested in fr ...Read More >
HYDERABAD: BRS working president KT Rama Rao on Wednesday described the Supreme Court order on nomination of two MLCs as "a slap in the face of both the Congress and the BJP". The apex court issued an order modifying its earlier interim directive on the nomination of Prof M Kodandaram Reddy and Amer Ali Khan to the state Legislative Council under the Governor's quota. In a press statement, Rama Rao said that the Supreme Court declaring invalid the appointments of Kodandaram and Amer Ali as MLCs under the Governor's quota by the state government was a slap in the face for both the BJP and the ...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 >
Thiruvananthapuram: Ravada A Chandrasekhar took charge as the new State Police Chief on Tuesday. He succeeds Shaik Darvesh Saheb, who retired on June 30. His tenure will run until July 1, 2027. A 1991-batch IPS officer currently serving as Special Director with the Intelligence Bureau, Chandrasekhar is on central deputation. He was selected over Nitin Agarwal, who topped the official list of probables. The appointment order, issued by Kerala Chief Secretary Dr A Jayathilak on behalf of the Governor, was released soon after a cabinet meeting held on Monday. Hailing from Andhra Pradesh's Godav ...Read More >
Thiruvananthapuram (Kerala) [India], July 9 (ANI): Following the violent protest at Kerala University, a case has been registered against 27 activists of the ruling CPM's Students Federation of India (SFI), including its state secretary P S Sanjeev, who has been named the prime accused, police said. The case also names 1,000 identifiable protesters who have been accused of damaging public property, forcibly entering the university campus, and assaulting police and university staff, police said on Tuesday. Also Read | Nobel Peace Prize 2025: From Mahatma Gandhi to Jawaharlal Nehru, Check Full ...Read More >
Ranchi, Aug 4 (PTI) Shibu Soren, the veteran tribal leader who played a key role in Jharkhand's creation and founded the JMM, leaves behind a legacy that reshaped the country's politics. The death of 81-year-old Soren marks the end of a political era that saw tribal movement rise to national prominence. Born on January 11, 1944, in Ramgarh district's Nemra village (then in Bihar, now in Jharkhand), Soren, who was popularly known as 'Dishom Guru' (leader of the land) and patriarch of JMM, is one of the most enduring political figures in the country's tribal and regional political landscape. ...Read More >
New Delhi [India], July 2 (ANI): Coal production from captive and commercial mines in June 2025 reached 15.57 million tonnes (MT), while coal dispatches were recorded at 17.31 MT, according to the Ministry of Coal. These figures indicate a solid performance by the coal sector, which plays a crucial role in meeting the energy and raw material needs of key industries across the country. Also Read | Hemant Khandelwal Takes Charge As Madhya Pradesh BJP President, Replaces VD Sharma. The first quarter of the financial year 2025-26 has shown significant year-on-year growth. Coal production during ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >
Mumbai : Tesla's long awaited India debut finally took place with chief minister Devendra Fadnavis inaugurating its showroom in Mumbai on Tuesday. The Elon Musk-led car maker unveiled its Model Y compact all-electric SUV at its 'Experience Centre' in Bandra-Kurla Complex with the CM describing it as the "right city and the right state" for the launch."Mumbai stands for innovation and sustainability. In 2015, when I went to the US, I had my first ride in a Tesla, and then I thought we need such a vehicle for mobility in India. But it took 10 years for it to come to India. But we are very happy ...Read More >
Jammu, Jul 18 (PTI) Senior officials of the Jammu and Kashmir government reviewed the arrangements for the smooth conduct of the 13-day-long Budha Amarnath pilgrimage in Poonch district that will begin on July 28. Deputy Inspector General of Police Tejinder Singh reviewed security in Poonch and stressed ensuring the safety of the devotees. "The first batch will depart from the Bhagwati Nagar basecamp in Jammu on July 28, moving towards the Mandi tehsil in Poonch in a regulated convoy amid full security arrangements," a spokesperson said. Jammu Divisional Commissioner Ramesh Kumar and Inspec ...Read More >