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: The festive season is here and with it comes a series of bank holidays across India as per the RBI calendar. While some holidays apply nationwide, others are observed only in specific states. This week, banks will remain closed in parts of the country to mark Durga Puja, Navratri, and Gandhi Jayanti. Today, October 1, is a holiday in several regions for Navratri End, Maha Navami, Dussehra, Ayudhapooja, and Vijayadasami -- the ninth day of the Hindu festivals of Durga Puja and Navratri. October 2025 will see a total of 21 official bank holidays, covering religious and regional festivities such as Diwali, Dussehra, Durga Puja, and Chhath Puja, along with the regular monthly weekly offs. During these holidays, banks across India -- including the State Bank of India (SBI) -- remain closed. This includes all Sundays, as well as the second and fourth Saturdays of the month. October 1 (Wednesday): Banks will remain closed in multiple cities including Agartala, Bengaluru, Bhubaneswar, Chennai, Gangtok, Guwahati, Itanagar, Kanpur, Kochi, Kohima, Kolkata, Lucknow, Patna, Ranchi, Shillong, and Thiruvananthapuram due to Navratri End / Maha Navami / Dussehra / Ayudhapooja / Vijayadasami / Durga Puja (Dasain), the ninth day of the Hindu festival of Durga Puja and Navratri. October 2 (Thursday): Banks will be closed across India for Mahatma Gandhi Jayanti / Dasara / Vijaya Dashami / Dussehra / Durga Puja (Dasain) / Janmotsav of Sri Sri Sankardeva. October 3 (Friday): Banks will be closed in Gangtok for Durga Puja (Dasain). October 4 (Saturday): Banks will again remain closed in Gangtok for Durga Puja (Dasain). Even on national holidays, you can continue using online and mobile banking services unless the bank notifies you otherwise for technical reasons. For cash needs, ATMs remain operational, and app-based and UPI transactions work as usual.
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 >
Bengaluru: Mysuru Dasara is set to run for 11 days this year -- a rare extension driven by celestial alignment and cultural planning -- with the inaugural ceremony on Sept 22 and the grand Jamboo Savari taking place on Oct 2, coinciding with Vijayadashami and Gandhi Jayanti.Chairing a high-level meeting at Vidhana Soudha Friday, chief minister Siddaramaiah said, "Mysuru Dasara in 2025 will be celebrated for 11 days, due to a unique astronomical occurrence -- the Panchami tithi (fifth lunar day) will appear on two consecutive days, Sept 26 and 27, a rare alignment that hasn't occurred in nearly ...Read More >
Mumbai: Bombay high court has declined to issue any direction to opposition leader Rahul Gandhi on his utterances against late Vinayak Damodar Savarkar."This court cannot issue any direction to respondent no 1 (Gandhi) to study the contents of this public interest litigation and to remove ignorance about the contribution of Shri Vinayak Savarkar,'' said Chief Justice Alok Aradhe and Justice Sandeep Marne.The PIL was by Pankaj Phadnis, president of Abhinav Bharat Congress, a policy think tank, saying his legal rights as well as that of a large number of citizens to fulfil their fundamental duty ...Read More >
Ranchi (Jharkhand) [India], August 4 (ANI): The Jharkhand government declared a three-day state mourning, starting Monday, following the passing of the state's former Chief Minister and co-founder of Jharkhand Mukti Morcha, Shibu Soren. "In honour of the late Honourable former Chief Minister-cum-Rajya Sabha MP, the State Government has decided to observe 03 (three) days of state mourning from August 4 to August 6," the message from the Jharkhand government read. Also Read | Kerala Shocker: 47-Year-Old Man Dies by Suicide After Failing to Arrange Funds for Son's Engineering College Admission. ...Read More >
New Delhi: As Leader of Opposition in the Lok Sabha Rahul Gandhi compared the actions of the BJP-led government to the tale of Dronacharya and Eklavya, several religious criticised him and said the Congress leader was a 'Rashtra Virodhi' (anti-national) and 'Hindu Virodhi (anti-Hindu)'. Gandhi on Saturday claimed that the Modi-led government was "chopping the thumb of the youth of the country," drawing a parallel to the story where Dronacharya allegedly cut off Eklavya's thumb. The statement has drawn sharp criticism from several religious leaders, who are now calling for strict action and an ...Read More >
Pune: Pashan resident Kushagra Agarwal rushed to the jewellers last week as soon as gold prices reduced slightly, to Rs 95,784 per 10g, as he had to buy gold for his son's wedding. With a Rs 3,000 to Rs 4,000 per 10 g reduction in the price of gold, jewellers expect many other residents in the city to walk into stores in the coming days. The gold industry has been struggling to find buyers over the last six months as prices have been consistently rising. The price of gold, which was hovering around the Rs 1 lakh mark last month for 10g, is now trading at Rs 96,800/10g grams, excluding GST. Aga ...Read More >
Amritsar: BJP MP Nishikant Dubey from Jharkhand has claimed that Britain assisted India in executing the 1984 Operation Bluestar at the Golden Temple in Amritsar, stoking a new controversy.In a post on X on Monday, Dubey alleged that then PM Indira Gandhi "launched an attack on the Golden Temple in collaboration with Britain", with British Army officers present in Amritsar.He uploaded a classified British document, "Sikh Community", claiming that on Feb 23, 1984, the UK Foreign and Commonwealth Office mentioned in a letter that the Indian govt had sought British advice over a plan to remove Si ...Read More >
Hyderabad, July 18 (UNI) In view of the ongoing heavy rains in Hyderabad, Chief Minister A Revanth Reddy has directed all concerned departments to stay on high alert and ensure swift response to public grievances. The Chief Minister instructed officials from GHMC, HMDA, Water Works, Electricity, and Police departments to work in close coordination to prevent any rain-related disruptions. He also emphasised the need for immediate action in areas facing waterlogging, power outages, or other rain-induced issues. CM Revanth Reddy further directed the deployment of SDRF, NDRF, Hydra teams, and ot ...Read More >
NEW DELHI: Sameer Kulkarni, one of the seven individuals cleared of charges in the Malegaon blast has accused senior Congress leaders and the Maharashtra Anti-Terrorism Squad (ATS) of orchestrating a conspiracy to malign the Hindu community and manipulate evidence. Speaking to ANI, Kulkarni alleged that the entire case was built for political gain during the 2009 state elections, calling it an act of "Muslim appeasement" by the then Congress government."We immediately expressed gratitude to the court. We fought this legal battle for the self-respect of the majority Hindu community," Kulkarni s ...Read More >
Post acquittal of all seven accused in the 2008 Malegaon blast case, the BJP on Friday criticised the Congress, saying it has been attacking saints, soldiers, 'Sanatan' dharma, and the Constitution to malign Hindus for vote bank politics. Addressing a press conference at the BJP headquarters here, party spokesperson Sambit Patra, said the opposition party has been targeting saints, soldiers, 'sanatan' and the Constitution for the past 17 years. Advertisement "It was a calculated strategy to ma ...Read More >
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 years, basic accounts/PM Jan Dhan Yojana accounts, or those opened before July 31, 2025.Meanwhile, HD ...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 >
New Delhi: Congress leader Rahul Gandhi on Thursday attacked the Narendra Modi government over farmer suicides in Maharashtra, saying it remains indifferent to farmers' plight, even as they are sinking deeper into debt every day. The BJP, however, debunked the charge saying politics of counting the dead is disgusting and demanded answers from Gandhi on how 55,928 farmers committed suicide in Maharashtra during the 15-year tenure of the NCP-Congress government from 1999 to 2014. In a post on X in Hindi, the leader of opposition in Lok Sabha accused the government of ignoring farmers' demands ...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: A defiant Jammu and Kashmir Chief Minister Omar Abdullah on Monday scaled the gates of the Naqshband Sahib graveyard to pay tributes to the 22 people killed by the Dogra army on July 13, 1931. The dramatic scene unfolded a day after Abdullah and several leaders of the National Conference and opposition parties were put under house arrest to prevent them from going to the graveyard to mark Martyrs' Day. National Conference president Farooq Abdullah took an autorickshaw from the Khanyar crossing to the martyrs memorial while Minister for Education Sakina Ittoo surprised everyone by r ...Read More >
Pune: The Indian Gig Workers' Front on Saturday evening suspended the ongoing strike of cabs and autorickshaws operating on applications till Tuesday, after leaving many commuters, including those arriving at the airport on Saturday morning, hassled. Keshav Kshirsagar, the president of the front, said, "We have a meeting on Tuesday with senior officials of the state transport department. If its decisions don't meet our expectations, the strike will resume." Several commuters had a harrowing experience on roads on Friday and in the early hours of Saturday. Cabs and autos were hard to come by. T ...Read More >
New Delhi [India], November 28 (ANI): India has expressed its concern over the escalating incidents of violence against Hindu minorities in Bangladesh and desecration, and damage to their places of worship, and has also called on the interim government there to ensure the safety of minorities. In a response to question asked by RJD MP AD Singh, Minister of State for Ministry of External Affairs, Kirit Vardhan Singh in a written reply to Rajya Sabha, stated that the "primary responsibility" for the protection of life and liberty of all citizens of Bangladesh, including minorities, "rests with ...Read More >
New Delhi, Jun 8 (PTI) Aam Aadmi Party's Rajya Sabha MP Sanjay Singh and Delhi unit chief Saurabh Bharadwaj on Sunday visited the demolition site of the Madrasi Camp slum cluster, where they met with displaced residents, and intensified their attack on the BJP over the recent eviction drive. They alleged that Prime Minister Modi's promise to slum dwellers of 'jahan jhuggi wahan makan' - house at the site of their hutment - has "proved to be hollow like many others". There was no immediate response available from the BJP or the Delhi government over the accusations. The Madrasi Camp -- a jhu ...Read More >
Guwahati, Jun 28 (PTI) Assam Chief Minister Himanta Biswa Sarma claimed on Saturday that 'socialism' and 'secularism' are Western concepts, and these words should be struck off of the Constitution. He said these words were included in the Preamble of the Constitution by then-Prime Minister Indira Gandhi and these have no place in Indian civilisation. "How can I be secular? I am a hardcore Hindu. A Muslim person is a hardcore Muslim person. How can he be secular?" Sarma said. He was speaking after launching in Assam a book titled 'The Emergency Diaries: Years That Forged a Leader' which is b ...Read More >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
Patna (Bihar) [India], July 4 (ANI): Jan Suraaj founder Prashant Kishor on Friday has raised objections to the timing of the Special Intensive Revision (SIR) of electoral rolls in Bihar, stating that it could result in the exclusion of a large number of voters who return to the state only during the festive season. Speaking to ANI, Kishor said, 'We are against this, we have expressed concern, and we have also called a meeting of our executive to discuss this issue because there is a very large section in Bihar that comes from outside during Diwali, Chhath, and for them, coming before Diwali, ...Read More >
NEW DELHI: Pro-Khalistan terrorist and ISI's key henchman Harpreet Singh, alias Happy Passia, is expected to be extradited from the US to India soon. Passia was held on April 17 in Sacramento, California, by FBI and US Immigration & Customs Enforcement and is lodged at a detention centre in the US.Passia's arrest prompted an appreciation post from agency chief Kash Patel. "Captured: Harpreet Singh, part of an alleged foreign terrorist gang here illegally in the US, who we believe was involved in planning multiple attacks on police stations both in India and the US. @FBISacramento conducted the ...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 >
NEW DELHI: A political slugfest erupted after Leader of Opposition Rahul Gandhi was stopped from visiting violence-hit Sambhal in Uttar Pradesh, with the BJP accusing the Congress leader of attempting to incite communal tensions. BJP leaders criticised Gandhi's visit as a desperate political move, driven by competition with the Samajwadi Party (SP) to reclaim vote banks. Meanwhile, Congress leaders, including Priyanka Gandhi Vadra, slammed the government's actions as undemocratic and an assault on constitutional rights. BJP spokesperson Dr Sudhanshu Trivedi described the visit as a "sign of h ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >
New Delhi [India], July 7 (ANI): Union Minister of Agriculture and Farmers Welfare & Rural Development, Shivraj Singh Chouhan on Monday inaugurated the 11th edition of the India Maize Summit, organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with (IIMR) Indian Institute of Maize Research. Speaking at event, Chouhan emphasized that 'Farmers' sewa is our mool mantra,' reaffirming the government's commitment to farmer-centric policies. He outlined a multi-pronged strategy to boost maize production, and increase farmer incomes, while ensuring environme ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
New Delhi : Good news for Biharis living outside the state -- celebrating festivals with family back home will now be easier. In a major move aimed at easing travel during festive seasons, the Bihar government has announced the launch of 299 AC and non-AC special buses. These buses will operate from key states, including Delhi, to various destinations across Bihar. A Heartfelt Desire to Celebrate with Loved Ones During major festivals like Holi, Diwali, and Chhath Puja, people from Bihar living across India yearn to return to their ancestral homes. However, due to limited availability of tra ...Read More >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >