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 Indian Railways and the Container Corporation of India Limited have launched the first ever Assured Transit Time container train service with an assured transit time marking a historic milestone in freight transportation. The special container train launched on a pilot basis on October 1 will operate from ICD Tughlakabad Terminal, Delhi, to the CTCS Kolkata via Agra and Kanpur terminals of Container Corporation of India Limited- CONCOR. The country's first ever container train is aimed to ensure a guaranteed transit time of 120 hours. The train will operate every Wednesday and Saturday. According to railway officials, goods will be collected and shipped en masse in Agra and Kanpur under a hub-and-spoke model. Additionally, haulage charges have been waived for empty wagons transported from Tughlakabad in Delhi to Kanpur in Uttar Pradesh.
NEW DELHI: Strengthening its commitment to green logistics, Maruti Suzuki India Limited dispatched 5.18 lakh vehicles through Indian Railways in FY 2024-25, its highest-ever. The major advantage of railways is that it offers a low-emission and energy-efficient mode of transportation. Besides, it also helps to ease road congestion. Maruti Suzuki currently dispatches vehicles to more than 20 hubs using railways, from where over 600 cities across India are served. Port locations of Mundra and Pipavav, used by the Company for exports, are also served using railways. Hisashi Takeuchi, MD-CEO, M ...Read More >
Kolkata, Mar 31 (PTI) Engineering major Texmaco Rail & Engineering Limited on Tuesday said it received a Letter of Intent (LOI) from JSW Group for manufacturing and supplying 20 rakes of freight wagons valued at approximately Rs 421.38 crore, inclusive of GST. The order comprises BLCS wagons, BLSS wagons, BFNV wagons, and BVCM brake vans, designed to support high-capacity container transport and efficient rail logistics operations, a statement said. Sudipta Mukherjee, Managing Director, Texmaco Rail & Engineering, said the order "further strengthens Texmaco's long-standing role in supporting ...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 >
Tirupati (Andhra Pradesh) [India], July 14 (ANI): A fire broke out in stationed train coaches of the Hisar-Tirupati Special Train and Rayalaseema Express at the Tirupati Railway Station yard on Monday, Indian Railways said. According to Southern Central Railway, the fire was dozed and there is no disruption to any of the outgoing or incoming train services from Tirupati Railway Station, the Southern Central Railway said. The incident occurred while taking empty Hisar-Tirupati Special Train into the stabling yard. During the shunting process a fire was noticed in one general coach and was imm ...Read More >
Srinagar: Lieutenant Governor Manoj Sinha on Monday said that parcel train service from Kashmir to New Delhi will give a major boost to the economy. Talking to reporters after flagging off the Joint Parcel Product-Rapid Cargo Service from Nowgam Railway Station here, LG Sinha, according to the news agency -- Kashmir News Observer (KNO) said, " The start of a daily time-tabled train carrying horticulture produce to the National Capital is a major relief for fruit growers. I am thankful to Railways for the initiative." He said, "We have seen due to topographical issues and inclement weather co ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >
Indian Railways Finance Corp. Ltd. (IRFC) sanctioned a Rs 12,640 crore term loan to Chhattisgarh State Power Generation Co. on Friday for a thermal power project, according to a press release from the company. The loan is to finance a 2x660 MW Super Critical Thermal Power Project that will be set up in HTPS, Korba (West), Chhattisgarh. "The loan agreement was signed today at CSPGCL's headquarters in Raipur between Nav Goel, general manager, IRFC, and Sandeep Modi, executive director (finance) an ...Read More >
New Delhi [India], December 15 (ANI): Indian Railways is ensuring smooth and timely movement of fertilisers across the country. This year, fertiliser loading reached 17,168 rakes till 30 November. This is an increase of 11.7% compared to last year's 15,369 rakes during the same period. Agriculture is the backbone of India's economy. Farmers need fertilisers on time for sowing and harvesting. Keeping this in mind, Indian Railways has given priority to fertiliser and foodgrain trains. This has ensured an uninterrupted supply to states across the country. By strengthening essential freight serv ...Read More >
With factors like good monsoon rains aiding farmers, the demand for fertilisers has been high this year. With the rabi sowing season fully underway and record fertiliser imports in India in 2025-26, Indian Railways has witnessed a double-digit percentage growth in fertiliser cargo. "This year, fertiliser loading reached 17,168 rakes till November 30. This is an increase of 11.7 per cent compared to last year's 15,369 rakes during the same period. The rise shows the efficient working of the rail ...Read More >
Bengaluru, Feb 23 (PTI) Karnataka Minister for Large and Medium Industries M B Patil on Monday inaugurated Amazon's newly constructed, fully equipped 11 lakh sq ft corporate office near Yelahanka here. Built on a five-acre site approximately 15 kilometres from Kempegowda International Airport, Amazon said this is its second largest office in Asia. The 12-storey campus will support over 7,000 employees across ecommerce, operations, payments, technology, and seller services in India, Amazon said in a statement. Patil said this is Amazon's 10th corporate office in the state. The company, which ...Read More >
New Delhi [India], March 31 (ANI): Texmaco Rail & Engineering Limited has secured a significant contract from the JSW Group for the manufacture and supply of freight wagons. According to Texmaco, the total value of the order stands at approximately Rs 421.38 crore, which includes Goods and Services Tax (GST). The base value of the contract, excluding taxes, is pegged at Rs 357.11 crore. The Kolkata-headquartered company received a Letter of Intent (LOI) from JSW Group Companies for the production of 20 rakes of freight wagons. The order comprises various specialized rolling stock, including B ...Read More >
New Delhi, Apr 1 (PTI) Railway Ministry on Wednesday said that a record 1,670 million tonnes of cargo and 741 crore passengers were transported in the financial year 2025-26, registering over 3 per cent annual growth in both sectors. The cargo transport saw an increase of 3.25 per cent, while the passengers sector rose by 3.54 per cent, it said. The total number of passengers carried rose to 741 crore in 2025-26, as compared to 716 crore in 2024-25, reflecting sustained growth in rail usage across the country, the ministry said in a press note. "Correspondingly, total revenue reached approx ...Read More >
Freight trains to Kashmir: In the recent past, the railways has made significant progress in freight transportation in the Kashmir Valley. Train to Kashmir, Freight train to Kashmir: With the completion of the Udhampur-Srinagar-Baramulla Rail Link (USBRL) project and the commencement of passenger and freight train operations connecting the Kashmir Valley with Jammu and other regions, a new milestone has been achieved in regional connectivity. ARTICLE CONTINUES BELOW VIDEO First freight train c ...Read More >
Chennai, Aug 28 (SocialNews.XYZ) Tamil Nadu has once again emerged as the country's leader in industrial employment, with Chief Minister M.K. Stalin attributing the achievement to the policies of the Dravidian model government. Citing the Union government's Annual Survey of Industries 2023-24, CM Stalin said the recognition from New Delhi is itself the strongest rebuttal to critics, who have been "targeting" the state government on the industrial and economic fronts. In a post on 'X', the Chief Minister said, "This survey result is the irrefutable answer given by the BJP government itself to ...Read More >
New Delhi [India], September 24 (ANI): The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the doubling of the Bakhtiyarpur - Rajgir - Tilaiya single railway line section (104 km) in Bihar with a total approximate cost of Rs. 2,192 crore. The project, covering four districts in the state of Bihar, will increase the existing network of Indian Railways by approximately 104 km. The project section also provides rail connectivity to prominent destinations, such as Rajgir (Shanti Stupa), Nalanda, and Pawapuri, attracting pilgrims and tourists f ...Read More >
New Delhi, April 9: Railways are set to play a key role in driving India's economic growth as the country targets a freight capacity of 3,000 million tonnes by 2030, a report has said. As per the ASSOCHAM-AESCLA report, railways currently account for up to 30 per cent of freight movement, indicating substantial growth potential. It highlighted that the sector is undergoing rapid transformation, driven by initiatives such as Dedicated Freight Corridors and near-complete electrification, which are improving efficiency and sustainability. Indian Railways Announces 5 New Reforms Under 'Reform Exp ...Read More >
New Delhi [India], January 31 (ANI): The Indian Railways on Friday achieved a significant milestone by upgrading over 23,000 track kilometres (TKM) of its network to accommodate train speeds of up to 130 kilometres per hour (kmph), according to a release. This remarkable progress underscores the government's commitment to modernising railway infrastructure, enhancing connectivity, and reducing travel times for millions of passengers across the nation. With nearly one-fifth of India's railway network now capable of supporting higher speeds, these advancements have been made possible through r ...Read More >
New Delhi: The Trinamool Congress (TMC) on Sunday sharply criticised the Delhi Police for a controversial reference to Bengali as the "Bangladeshi language," calling it an insult to the language and its speakers. TMC shared a letter from a Delhi Police inspector requesting a translator for what was labeled "Bangladeshi language" in a statement on X. The police official also mentioned the arrest of eight individuals under suspicion of being Bangladeshi nationals residing illegally in India. "Is there no limit to the BJP's hatred towards Bengalis? After repeatedly harassing and detaining Benga ...Read More >
New Delhi [India], July 15 (ANI): A Memorandum of Understanding (MoU) was signed between DP World, Deendayal Port Authority (DPA), and Nevomo to explore potential opportunities in autonomous magnetic rail freight movement in India. This collaboration aims to revolutionise cargo transportation within port ecosystems by implementing Nevomo's proprietary MagRail technology. Also Read | Will Samosa and Jalebi Display Cigarette-Style Health Warnings? PIB Fact Check Debunks Fake News, Says Health Ministry's Advisory Doesn't Mention Warning Labels on Indian Food Products. The initiative will see a ...Read More >
New Delhi: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, Wednesday approved the doubling of the Bakhtiyarpur-Rajgir-Tilaiya single railway line section, stretching across a distance of 104 km in Bihar with a total investment of Rs 2,192 crore. The project covering four districts in Bihar will also provide rail connectivity to prominent destinations such as Rajgir (Shanti Stupa), Nalanda and Pawapuri, attracting pilgrims and tourists from across the country. Multi-tracking projects will enhance connectivity to around 1,434 villages and about 13.46 l ...Read More >
Indian Railways is introducing scheduled container train services to ensure timely cargo delivery and boost exports. A pilot Tughlakabad-Kolkata domestic service begins October 1 with a 120-hour transit assurance, while EXIM services to Mundra are under deliberation. This aims to reduce transit delays and attract private participation, improving logistics for businesses. The Indian Railways will allow select container train operators to run on a fixed schedule, in a significant shift that will a ...Read More >
NEW DELHI: The Railway Board is set to launch its first assured transit time (ATT) container train service on Wednesday between Delhi's Tughlakabad and Kolkata's Shalimar via Agra and Kanpur. The Ministry of Railways said on Tuesday that the train will have a guaranteed transit time of 120 hours. This development is seen as a significant milestone in the logistics sector. The service, being introduced on a pilot basis, will be operated by the Container Corporation of India Limited (CONCOR). It will connect four Inland Container Depots (ICDs) along the route: Tughlakabad (TICD), Agra (ICDY), ...Read More >
New Delhi, Sep 24 (PTI) Chaired by Prime Minister Narendra Modi, the Cabinet Committee on Economic Affairs has approved the doubling of the 104-km Bakhtiyarpur-Rajgir-Tilaiya single railway line section in poll-bound Bihar with a total cost of about Rs 2,192 crore. Announcing the decision here on Wednesday, Railway Minister Ashwini Vaishnaw said that the project will cover four districts of Bihar while increasing the existing network of Indian Railways by about 104 km. Assembly elections will be held in Bihar later this year. Vaishnaw said that the doubling will also provide rail connectivi ...Read More >
New Delhi: India's steel industry clocked a robust 10.7 per cent year-on-year growth in production at around 168.4 million tonnes during 2025-26, consolidating its position as the world's second-largest producer while navigating global uncertainties and price pressures, according to a statement issued by the Ministry of Steel on Wednesday. Domestic demand remained the key growth driver with finished steel consumption at 164 million tonnes, expanding by about 7-8 per cent, driven by increased activity in infrastructure, construction, railways, and manufacturing sectors. The government's conti ...Read More >
Lucknow: A man accused of kidnapping and raping a three-year-old girl in Lucknow was killed in an encounter with police in the early hours of Friday. The accused was identified as Deepak Verma, 24.Police said he was a habitual offender, and several criminal cases were lodged against him at various police stations. Police had announced a reward of Rs 1 lakh for any information leading to his arrest.On Thursday, a complaint was registered at Alambagh police station that a three-year-old girl was kidnapped and raped. The minor sustained multiple injuries to her private parts.Deputy commissioner o ...Read More >
The move aims to ensure reliable freight operations and more such trains will follow, said officials The Railways has launched four freight trains that will run on a fixed, notified schedule like passenger trains in a departure from the norm for goods services. The move aims to ensure reliable freight operations and more such trains will follow, said officials A senior official from the Railways Ministry said: "As per the existing system, the Railways provide rakes to customers as per their re ...Read More >
Puri: With giant wooden chariots lined up along the Grand Road, Puri is all set to host the annual Rath Yatra Friday. As the pilgrim town braces for an influx of lakhs of devotees, the administration has stepped up security and logistics to ensure a smooth and safe celebration. "By the grace of Mahaprabhu (Lord Jagannath), we are fully prepared to conduct a smooth Rath Yatra Friday. We are getting complete support and cooperation from the servitors. All arrangements are in place to make the mega event successful," Shree Jagannath Temple Administration (SJTA) Chief Administrator Arabinda Padhe ...Read More >
India is bolstering its northeastern frontier by investing $3.4 billion to construct 500 kilometers of railway lines, bridges, and tunnels. This strategic move aims to improve connectivity to remote regions bordering China, Bangladesh, Myanmar, and Bhutan, enhancing military readiness and logistical capabilities. India is set to reinforce its northeastern frontier by adding railway infrastructure to deepen access, accelerate logistics and ensure military readiness in case warming ties with neigh ...Read More >
Get latest articles and stories on India at LatestLY. According to the Ministry of Railways' official press release, this achievement reflects Indian Railways' commitment to expanding connectivity, supporting regional development, and fostering inclusive growth across the country. New Delhi [India], December 14 (ANI): Sairang Railway Station in Mizoram handled its first-ever direct inward automobile rake, carrying 119 cars from Changsari near Guwahati. This historic movement is said to enhance v ...Read More >
Titagarh Rail Systems has secured a contract from Balmer Lawrie & for the appointment as a lessor to provide two BFNS22.9 rakes on an operating lease basis. The scope of work includes supplying two rakes comprising 43 wagons each, along with 4% spare wagons, with each wagon having a carrying capacity of 64.89 MT. These rakes will be deployed for transportation of HR coils, sheets, and plates over the Indian Railways network, as per the latest approved designs of Research Designs and Standards Or ...Read More >