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.
Surat (Gujarat) [India], October 3 (ANI): Minister of Railways Ashwini Vaishnaw, along with Japan's Minister of Land, Infrastructure, Transport and Tourism Hiromasa Nakano, on Friday inspected the construction of the Surat stretch of the Mumbai-Ahmedabad High-Speed Rail (MAHSR) bullet train project. The Japanese Minister was accorded a traditional Garba welcome at the Surat airport. The two Ministers reviewed significant aspects of the project during their visit, including the advanced track slab laying car and the track slab adjustment facility, both key components. They expressed satisfaction with the quality standards being followed and commended the rapid pace of construction. The visit reflects strong collaboration between India and Japan in implementing India's first High-Speed Rail corridor. Surat is set to witness a major boost in growth and connectivity with the upcoming Bullet Train station. The station has been thoughtfully designed with a strong focus on passenger comfort and convenience. Soothing interiors, natural lighting through skylights, and well-ventilated platforms will ensure a calm and pleasant travel experience. A Multi-Modal Integration plan has been prepared in collaboration with Surat Municipal Corporation (SMC) and Surat Urban Development Authority (SUDA) under the project for Station Area Development along the Mumbai-Ahmedabad High Speed Rail project (SMART). This will allow passengers to easily switch between metro trains, buses, taxis, autos, and other local transport, ensuring smooth traffic flow around the station. Such connectivity will significantly reduce transition time, making travel faster, safer, and more convenient for everyone. India's first 508 km long Bullet Train corridor is being constructed between Mumbai and Ahmedabad. Out of 508 km, 323 km of viaduct and 399 km of pier work have been completed, including 17 River bridges, five PSC (pre-stressed concrete) and nine Steel bridges. (ANI)
OCCRP had published news articles against Adani; BJP MP Sambit Patra calls Rahul 'traitor of highest order' After a hiatus of two days, the Winter Session of Parliament plunged into chaos again Thursday, this time due to the ruling BJP targeting Leader of the Opposition Rahul Gandhi and the Congress, accusing them of being part of a plan to "derail" India's economy and "disrupt" its democracy. Senior BJP MP Nishikant Dubey raised the matter in the Lok Sabha, alleging that a "dangerous triangle" ...Read More >
New Delhi [India], January 8 (ANI): The upcoming union budget 2025-26 should focus on giving personal tax relief to common taxpayers by raising the basic exemption limit in the new tax regime from Rs 3 lakhs to Rs5 lakhs and reducing tax rates, suggests global consulting and professional services firm Ernst & Young India (EY India). EY India also asks for deferring tax deduction at source (TDS) on PF interest rate (above 2.5 lakhs) until the withdrawal stage to reduce compliance burden. In the previous budget TDS rate rationalization was undertaken to a certain extent. To further simplify th ...Read More >
New Delhi [India], January 17 (ANI): Congress candidate from Malviya Nagar assembly, Jitender Kumar Kocher, on Friday, slammed the Aam Aadmi Party (AAP) and said that Delhi wants a change and that people in the national capital seek relief from AAP. "Delhi wants a change. They want relief from AAP... The people of Delhi still remember the work I did... Only Congress will form a government in Delhi. Malviya Nagar is not getting clean. There is garbage everywhere. Sewers are choked. I am going to people with work I have done in 15 years. Congress will be ahead of all the parties in this electio ...Read More >
Katra (Jammu and Kashmir) [India], June 7 (ANI): Jammu and Kashmir Minister Satish Sharma on Friday said that the railway bridge over the Chenab river, inaugurated by Prime Minister Narendra Modi, was a long-pending project and demand. The Minister said that the people of Jammu and Kashmir are development-oriented and that the much-awaited project would boost tourism. Speaking to ANI about the Chenab rail bridge inauguration, Sharma said a day earlier, 'Today, the Kashmir valley has been connected with the rest of the nation. This was a long-pending project and demand. I congratulate Prime M ...Read More >
Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a ₹10 lakh insurance policy, ₹1 lakh for daughters' marriages, a biannual ₹2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.Ahead of crucial Delhi assembly polls, Arvind Kejriwal promised several measures for auto dri ...Read More >
Mumbai: The death toll in Monday's BEST bus crash rose to seven and the number of injured to 42 even as the driver, Sanjay More, booked for culpable homicide not amounting to murder, claimed he had noticed a spark and mistakenly accelerated the bus instead of applying brakes. Seeking More's custody, police said they want to investigate if he intentionally used the vehicle as a weapon. The bus on Route 332 had accelerated on a congested 200m stretch near Kurla station hitting vehicles and pedestr ...Read More >
New Delhi [India], January 13 (ANI): Union Minister Ashwini Vaishnaw criticised Meta CEO Mark Zuckerberg and called him "factually incorrect" over his remark that most incumbent governments, including India in 2024 elections, lost post-COVID. He added that the people of India have reaffirmed their trust in the NDA led by Prime Minister Narendra Modi. "As the world's largest democracy, India conducted the 2024 elections with over 640 million voters. People of India reaffirmed their trust in the ND led by PM @narendramodi Ji's leadership. Mr. Zuckerberg's claim that most incumbent governments, ...Read More >
Gwalior (Madhya Pradesh) [India], June 26 (ANI): Union Minister Jyotiraditya Scindia flagged off the Gwalior-Bengaluru direct train from Gwalior Railway Station on Thursday and also travelled in the train. Madhya Pradesh Chief Minister Mohan Yadav and Union Railway Minister Ashwini Vaishnaw virtually joined the program and flagged off the train on the occasion. Also Read | 'You Have Made History!' Chiranjeevi, Kamal Haasan Hail Indian Astronaut Shubhanshu Shukla After Historic ISS Docking With Axiom-4 Space Mission (See Post). Speaking to ANI, Union Minister Scindia called the direct train ...Read More >
Gwalior (Madhya Pradesh) [India], June 26 (ANI): Union Minister Jyotiraditya Scindia flagged off the Gwalior-Bengaluru direct train from Gwalior Railway Station on Thursday and also travelled in the train. Madhya Pradesh Chief Minister Mohan Yadav and Union Railway Minister Ashwini Vaishnaw virtually joined the program and flagged off the train on the occasion. Speaking to ANI, Union Minister Scindia called the direct train connectivity from Gwalior to Bengaluru a big gift for the region and emphasised that it would provide much relief to the residents of the entire Gwalior-Chambal division. ...Read More >
New Delhi [India], January 31 (ANI): Official Spokesperson of the Ministry of External Affairs Randhir Jaiswal said on Friday that French President Emmanuel Macron has invited Prime Minister Narendra Modi to attend the Artificial Intelligence (AI) Action Summit, and India has accepted the invite. While speaking at a press briefing, Jaiswal said that India is also developing its own AI program. "French President has invited Prime Minister Narendra Modi for Artificial Intelligence Action Summit and we have accepted their invite. We will update you about further details," he said. On February ...Read More >
Punjab News: Union Railway Minister Ashwini Vaishnaw announced on Monday that the Indian Railways has allocated ₹5421 crore to enhance railway infrastructure in Punjab. Union Railway Minister Ashwini Vaishnaw announced on Monday that the Indian Railways has allocated ₹5421 crore to enhance railway infrastructure in Punjab. The announcement, made via video conferencing, highlighted that this year's funding is 24 times higher compared to the period between 2009-2014. The minister revealed that 30 Amrit Stations are being developed in Punjab at a cost of ₹1122 crore, while 34 Amrit Stations are ...Read More >
Jabalpur (Madhya Pradesh) [India], February 10 (ANI): The West Central Railway has made special arrangements for passengers travelling to MahaKumbh in Prayagraj, with around 40 special trains operating from Jabalpur on February 9 and 10, officials said. To manage the rush, unreserved trains are also running, and additional ticketing counters, food and water facilities, RPF deployment, and help desks have been set up at stations, said West Central Railway's Chief PRO Harshit Srivastava. Also Read | Ranveer Allahbadia Parental Sex Question: Case Filed Against YouTuber-Podcaster BeerBiceps, Sam ...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 >
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 >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
New Delhi [India], June 7 (ANI): Congress leader Jignesh Mevani on Saturday questioned the government over the ceasefire in Operation Sindoor, alleging foreign pressure and demanding clarity on its terms. Mevani accused Prime Minister Narendra Modi of backing down under US influence and asked why the remaining terrorists haven't been caught. 'It's been a month since the government launched Operation Sindoor and claimed to have caught a terrorist. The Prime Minister boasts of a 56-inch chest, says India is a Vishwa Guru, and speaks of vermilion running through our veins. Then why haven't the ...Read More >
Katra, June 6 -- Kashmir achieved a long-awaited milestone as its first all-weather railway connectivity to the rest of India was inaugurated Friday, a moment Chief Minister Omar Abdullah called a "historic accomplishment" that promises to transform the region's economy, tourism, and daily life, reported by Kashmir Media News. The inauguration ceremony, held at Katra, saw the formal opening of the iconic Chenab and Anji bridges, along with the launch of the Vande Bharat train to Kashmir. Indian Prime Minister Narendra Modi presided over the event, accompanied by top dignitaries including Lieu ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Officials say the train will help the troubled region, but many Kashmiris see it as a tool to entrench the Indian government's control. After decades of highly complex engineering work and billions of dollars in investment, India has finally connected the Himalayan region of Kashmir by rail to the rest of the country. The train link, which was officially inaugurated on Friday, fulfilled a dream dating back to the British colonial era. Indian officials called it a transformative leap for the res ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
India Budget: The Union Budget 2025-26 should prioritise giving tax relief to common taxpayers by raising the basic exemption limit in the new tax regime from ₹3 lakh to ₹5 lakh and lowering tax rates, according to Ernst & Young India (EY India), a global consulting firm. EY India also recommended delaying the tax deduction at source (TDS) on provident fund (PF) interest above ₹2.5 lakh until the withdrawal stage to reduce the compliance burden on taxpayers. Also Read: India to simplify decades-old income tax filing rules in Budget In the last budget, some TDS rate rationalisation was intro ...Read More >
Jaisalmer (Rajasthan) [India], January 13 (ANI): India's indigenous Anti-Tank Missile, Nag Mk 2, the third-generation Anti-Tank Fire-and-Forget Guided Missile successfully completed its field evaluation trials at the Pokhran Field Range in Rajasthan in the presence of senior officers of the Indian Army. There were three field trials conducted, with the missile systems destroying all the targets precisely- maximum and minimum range, thus validating its firing range. Also Read | 'People of India Reaffirmed Their Trust in PM Narendra Modi': Ashwini Vaishnaw Slams Meta CEO Mark Zuckerberg Over H ...Read More >
New Delhi [India], February 10 (ANI): Northern Railways is making extensive preparations for the upcoming Snan on February 12, ensuring smooth travel for MahaKumbh devotees. CPRO Northern Railway Himanshu Shekhar Upadhyay said over 300 trains operated on February 9, with continuous monitoring through CCTV cameras and a control centre at Prayagraj stations. He urged passengers to ignore rumours about train cancellations. Also Read | Ranveer Allahbadia Parental Sex Question: Case Filed Against YouTuber-Podcaster BeerBiceps, Samay Raina, Ashish Chanchlani, Jaspreet Singh and Apoorva Makhija for ...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 >
Katra (J&K), June 6 (UNI) Prime Minister Narendra Modi on Friday inaugurated the world's highest Chenab rail bridge in Reasi district of Jammu and Kashmir. The PM was accompanied by Union Railway Minister Ashwini Vaishnaw, Union minister Dr Jitendra Singh, Jammu and Kashmir Lieutenant Governor Manoj Sinha and Chief Minister Omar Abdullah. Before the inauguration, the PM inspected the bridge and spoke to the engineers and the labourers, who turned the dream into a reality. The Chenab rail bridge is the architectural marvel; it is located at a height of 359 meters above the river, and is the ...Read More >
Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastrinagar. Dr Lad said he's seen at least three children admitted for dengue this week, with all of the ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
New Delhi [India], June 5 (ANI): Air India announced on Thursday that it has added more flights to Bangkok, Colombo, and Kathmandu to meet the growing passenger demand. Effective July 7, 2025, Air India will add a sixth daily flight between Delhi and Kathmandu, increasing frequency from 35x weekly to 42x weekly. Air India will add a second daily flight between Delhi and Colombo, doubling the route's frequency from 7x weekly to 14x weekly. The Tata Group airline will add a third daily flight between Mumbai and Bangkok, increasing frequency from 13x weekly to 18x weekly. Air India said in a ...Read More >
Katra (J&K), June 6 (UNI) Prime Minister Narendra Modi on Friday dedicated the Udhampur-Srinagar-Baramulla Rail Link (USBRL) project to the nation by flagging off the Vande Bharat train to Srinagar from Katra railway station in Reasi district of Jammu and Kashmir. Modi was accompanied by Union Railway Minister Ashwini Vaishnaw, Union Minister Dr Jitendra Singh, Jammu and Kashmir Lieutenant Governor Manoj Sinha and Chief Minister Omar Abdullah. The PM flagged off Vande Bharat in line with his commitment to boost rail infrastructure and connectivity in the region. The 272 km-long USBRL projec ...Read More >
NEW DELHI: Railway minister Ashwini Vaishnaw on Wednesday suggested that Congress MP Shashi Tharoor should consider sitting on a dharna to push for land acquisition for the Nemom railway terminal project in Thiruvananthapuram. Vaishnaw's comment came in response to Tharoor's concerns about delays and inadequate funding for the project, which aims to ease congestion on the railway line leading to Thiruvananthapuram Central. During the Question Hour, Tharoor, who represents Thiruvananthapuram, expressed frustration over the stalled project, highlighting that only Rs 7 crore had been released o ...Read More >