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.
Guwahati, Oct 1: Twelve days after the demise of cultural icon Zubeen Garg, the Assam Police, on Tuesday night, arrested two key accused in connection with the probe into the circumstances surrounding his death. Organiser of the North East India Festival (NEIF) Shyamkanu Mahanta was taken into custody around 12.30 am while returning from Singapore. Shortly after, at about 1.30 am, Siddarth Sharma was arrested near Gurugram while travelling from Rajasthan to Delhi. The two prime accused were flown to Guwahati from Delhi at around 4:30 am and landed at LGBI Airport on Wednesday, before being taken into police custody. A convoy of three vehicles, including two buses carrying security personnel, escorted them from the airport to the Magistrate's House before they were taken to the CID headquarters in Ulubari for interrogation. According to reports, the Magistrate has granted the police 14 days custody of the accused. Reacting to the development, Garg's wife Garima said she hoped the investigation would uncover the whole truth. "I want the police to get all the details out of them. Now that the investigation is on, we are hoping the facts will come to light and the law will take its course," she told reporters, adding that she had faith in the authorities. "All we, and millions of his admirers, want is fast justice," she said. Since Garg's death earlier this month aboard a yacht in Singapore, the Special Investigation Team (SIT) of Assam Police, assisted by the CID, has been questioning several people who were with him during the trip. On Tuesday, Deputy Superintendent of Police (DSP) Sandipan Garg appeared before CID officials in Guwahati. Investigators said his testimony, along with others present in Singapore, could help clarify discrepancies in earlier accounts and establish whether there were lapses in safety or supervision. Meanwhile, the Ministry of Home Affairs has also invoked the Mutual Legal Assistance Treaty (MLAT) to facilitate cooperation in the case with Singaporean authorities. Mahanta and Sharma had been absconding since Garg's death, occasionally releasing videos and posts denying any involvement. With their arrests, investigators believe the probe will move into a crucial phase, not only to ascertain what transpired in Singapore but also to examine related allegations such as financial fraud.
Imphal: The Ministry of Home Affairs (MHA) has held a new round of talks with a joint delegation of three prominent Meitei Civil Society Organisations (CSOs) in New Delhi. The discussions, led by A.K. Mishra, Advisor to the MHA on Northeast Affairs, focused on five key issues aimed at resolving Manipur's ongoing ethnic crisis. Ready for a challenge? Click here to take our quiz and show off your knowledge! A 19-member delegation, representing the All Manipur United Clubs' Organisation (AMUCO), the Coordinating Committee on Manipur Integrity (COCOMI), and the Federation of Civil Society Organ ...Read More >
New Delhi, Jul 3 (PTI) HDFC Bank CEO and MD Sashidhar Jagdishan on Thursday moved the Supreme Court challenging an FIR of cheating and fraud registered against him on a complaint filed by the Lilavati Kirtilal Mehta Medical Trust, which runs the prominent Lilavati Hospital in Mumbai. Senior advocate Mukul Rohatgi, appearing for Jagdishan, mentioned the matter for urgent listing before a bench of Justices M M Sundresh and K Vinod Chandran. The bench said the matter would be listed for hearing on Friday. "This is an urgent matter. I request for listing tomorrow on behalf of the HDFC bank and ...Read More >
New Delhi, July 9 (SocialNews.XYZ) The Central Bureau of Investigation (CBI) has taken the custody of Monika Kapoor, an alleged economic offender, in the US and will bring her back to India, ending an over two-decade-long run from the law, officials said on Wednesday. The development comes after Kapoor's extradition from the US. The CBI in a press release said the chase has ended after two decades "with the successful extradition of Fugitive Ms. Monika Kapoor, who is accused in a 2002 Import-Export fraud and was on run since then, from USA." According to the information provided by the Cent ...Read More >
Agartala (Tripura) [India], July 13 (ANI): Tripura Chief Minister Manik Saha on Sunday said that his government is working towards the further development of the tourism industry in the state, and that it will be possible to carry out socio-economic development by keeping the tourism sector in focus. According to an official press release, Saha further informed that the government is committed to the overall development of the state and solving the problems of the people and the government has given importance to infrastructure development, housing, healthcare, education, and increasing the i ...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 >
Bengaluru: Royal Challengers Bangalore team became the IPL champion this time and 11 people died in the stampede that occurred near Chinnaswamy Stadium during this victory parade. Considering this case seriously, the state government has assigned the investigation of the case to the CID. In addition, the police officers themselves have been punished in connection with the incident. In particular, Bengaluru City Commissioner B Dayanand has been suspended, and this is the first time in the history of the police of the state of Karnataka that an ADGP rank officer has been suspended. Bengaluru Ci ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
Hyderabad, June 8 (SocialNews.XYZ) Telangana's former Special Intelligence Bureau (SIB) chief T. Prabhakar Rao, a key accused in the phone tapping case, returned from the United States on Sunday. He is likely to appear before the Special Investigation Team (SIT) on Monday as per the undertaking given to the Supreme Court. The retired Indian Police Service (IPS) officer, who has been in the United States for 14 months, returned to India as directed recently by the apex court. He recently gave an undertaking to the Supreme Court that he will return to India soon after receiving emergency trav ...Read More >
Mumbai, Jun 26 (PTI) Several benches of the Bombay High Court have recused from hearing HDFC Bank CEO and MD Sashidhar Jagdishan's plea to quash an FIR of cheating and fraud registered against him on a complaint filed by the Lilavati Kirtilal Mehta Medical Trust. While some judges cited having worked with either the Trust or the lawyers appearing for it, one judge on Thursday voluntarily disclosed that he held few shares of the HDFC Bank. Senior counsel Amit Desai appearing for Jagdishan said they do not have an objection with the same but counsel Niteen Pradhan appearing for the Trust took ...Read More >
Srinagar- The Economic Offence Wing of Crime Branch Kashmir on Thursday filed Chargesheet against a doctor for submitting fake MCI Certificate along with other documents at the time of engagement at SKIMS Bemina. In a statement, the The Economic Offences Wing, Srinagar (Crime Branch Kashmir) said that it has submitted Charge-sheet in Case FIR No. 01/2023 U/S 420, 467, 468, 471, 201 RPC before the Hon'ble Court of Chief Judicial Magistrate Srinagar against Numan Farooq Wani S/o Late Farooq Ahmad Wani R/o Abu Bakar Lane Umarabad Zainakote Srinagar for submitting fake MCI (Medical Council of Ind ...Read More >
Guwahati: Assam chief minister Himanta Biswa Sarma said that there was no information on the claim made by the outfit United Liberation Front of Asom (Independent)that their camps along the Indo-Myanmar border were attacked. He said that he does not foresee any retaliatory action from the ULFA. Sarma while talking to media persons on Tuesday said, "Assam government has information on any strike till now. The Government of India has not informed us regarding any strike. Whatever we have learnt we learnt from the statement of Paresh Baruah." He said that Assam police are neither involved nor a ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...Read More >
Court mandates investigation by Deputy Superintendent of Police The Aurangabad bench of the Bombay High Court has directed the Maharashtra government and the Mondha Police Station in Parbhani to register a First Information Report (FIR) within one week in connection with the alleged custodial death of 35-year-old Somnath Suryawanshi. Suryawanshi, a final-year law student, died on December 15, 2024, while in judicial custody. The bench comprising Justices Vibha Kankanwadi and Sanjay A Deshmukh ...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 >
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 >
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 >
Officials from the Ministry of Home Affairs met with Meitei Civil Society Organisations in Delhi. The discussion focused on resolving Manipur's ethnic crisis. Groups like AMUCO and COCOMI participated. They requested the implementation of the National Register of Citizens. Concerns were raised about security and free movement. The CSOs rejected engaging with militant outfits.A fresh round of dialogue between the officials of the Ministry of Home Affairs (MHA) and members of a joint delegation of ...Read More >
NEW DELHI: The Supreme Court on Friday refused to entertain the plea of HDFC Bank CEO and MD Sashidhar Jagdishan seeking quashing of FIR lodged against him for cheating and fraud by Lilavati Kirtilal Mehta Medical Trust, as it noted that the Bombay High Court is scheduled to hear his plea on July 14.A bench of Justices PS Narasimha and R Mahadevan said that it hopes and trusts that the matter will be taken up on July 14 for hearing. It further observed that it was improper on the part of the Supreme Court to intervene when Jagdishan's petition was listed before the Bombay High Court on July 14 ...Read More >
Hyderabad (Telangana) [India], July 4 (ANI): Congress chief Mallikarjun Kharge on Friday came down heavily on the Rashtriya Swayamsewak Sangh (RSS) over its pitch to reconsider the words 'secular and socialist' from the Preamble of the Indian Constitution while saying that it was 'all talk'. He dared and challenged RSS General Secretary Dattatreya Hosabale and top leaders of the ruling Bharatiya Janata Party (BJP) in the centre to remove the words 'secular and socialist' from the Preamble. 'Days before, I heard that some RSS person said that we should remove Secular and Socialist words from ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
* Chhattisgarh reported 67,389 cyber fraud complaints from January 2023 to June 2025 on the national portal * The financial loss from cybercrime in the state reached Rs 791 crore in this period * Raipur registered over 16,000 cases but only 107 victims received refunds -- which is 0.2% of complainants Did our AI summary help? Let us know. Bhopal: As India's digital transformation accelerates, Chhattisgarh is emerging as one of its most alarming cautionary tales. With smartphones in every ha ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...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 >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >
Lucknow, Jul 17 (PTI) To curb illegal mining and transportation, the Uttar Pradesh government is deploying advanced technologies under the Integrated Mining Surveillance System (IMSS), a release said on Thursday. Mining activities are already being monitored through drones, geo-fencing, RFID tags, and AI-powered check gates. Now, the state is set to introduce 'Weigh-In-Motion' (WIM) technology to accurately track vehicle overloading. Also Read | 'Arvind Kejriwal Used Government Funds to Buy Mobiles Costing Up to INR 1.63 Lakh', Claims Delhi Minister Ashish Sood. According to the official re ...Read More >
New Delhi, Dec 3 (PTI) A court here on Tuesday extended the police custody of AAP MLA Naresh Balyan by a day in an extortion case lodged last year. Additional Chief Metropolitan Magistrate Paras Dalal passed the order on an application filed by the Delhi Police, seeking the custody of the legislator from Delhi's Uttam Nagar Assembly segment for two more days. The court also sought the police's response to a bail application filed by Balyan. It issued notice to the Delhi Police and directed it to file its response by Wednesday when Balyan will be produced before the court. The police claimed ...Read More >
New Delhi [India], July 9 (ANI): Two decades chase of the Central Bureau of Investigation (CBI) came to an end on Wednesday with the successful extradition of fugitive Monika Kapoor, an accused in a 2002 import-export fraud and was on run since then, from USA, the agency said in a statement. As per the CBI statement, Fugitive Monika Kapoor, Prop Of Monika Overseas, in conspiracy with her brothers, namely Rajan Khanna and Rajiv Khanna, forged export documents viz. shipping bills, invoices and bank certificates of export and realization during the year 1998 and obtained 6 replenishment licenses ...Read More >
Guwahati: The anti-talk faction of outlawed United Liberation Front of Assam-Independent (Ulfa-I) led by Paresh Baruah on Sunday said that a missile attack, carried out by Indian army on its camp in Myanmar, killed its two top commanders. The outfit in a statement to a local newspaper said that the attack was carried out during the funeral ceremony of one of its senior-most leaders self-style Lieutenant General Nayan Asom, who was killed in an alleged drone attack by the Indian army early on Sunday morning. The Ulfa-I claimed that its top leaders Ganesh Asom and Pradip Asom lost their lives ...Read More >
Guwahati: The Mizoram government has decided to collect biometrics and biographic data of Myanmar refugees taking shelter in the northeastern state after a military coup in the neighboring country in February 2021. Earlier, Manipur had carried out this exercise. A Mizoram Home Department official, who did not want to be named, told ET, "Towards the end of July, the work of collecting biometric and demographic data of around 35,000 Myanmar refugees would start. The biometric exercise would be conducted using the Foreigner Identification Portal and would be carried out in all 11 districts of th ...Read More >