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.
Chandigarh [India], October 3 (ANI): The Chandigarh Police Crime Branch has busted an inter-state syndicate involved in printing and circulating Fake Indian Currency Notes (FICN) across northern states, recovering counterfeit currency worth Rs 24.27 lakh. Also Read | Mizoram: Lengpui Airport Halts Operations As Potholes Spotted on Runway, 4 Flights Cancelled. A total of 7,157 fake notes in Rs 500 and Rs 100 denominations were seized, along with two vehicles, printers, ink bottles, cutters, and security thread embedded paper. Three key members of the racket identified as Gaurav Kumar alias Ranjit (34) from Himachal Pradesh, Vikram Meena alias Vicky (35) from Punjab, and Jitendra Sharma (42) from Rajasthan, were arrested during operations in Chandigarh, Punjab, Himachal Pradesh, and Rajasthan. The syndicate was active in Chandigarh, Punjab, Himachal Pradesh, Rajasthan, and Jammu and Kashmir. The operation was led by Inspector Satvinder, SHO, PS-Crime, under the supervision of SP (Crime) Jasbir Singh and DSP (Crime) Dhiraj Kumar. Also Read | Navi Mumbai International Airport Will Be Named After Loknete DB Patil, Announces Maharashtra CM Devendra Fadnavis. SP Crime Jasbir Singh, "Acting on a tip-off on September 25, police laid a trap near Shishu Niketan School, Sector 22, Chandigarh, and nabbed Gaurav Kumar and Vikram Meena. A black bag carried by Gaurav contained 19 counterfeit Rs. 500 notes, while a further search of his car yielded 1,626 more. From Vikram car, 392 counterfeit notes were seized. Further raids based on their disclosure statements led to recoveries in Punjab and Himachal Pradesh. On October 1, police arrested Jitendra Sharma from his rented accommodation in Jhalawar, Rajasthan, seizing fake notes worth Rs 12.20 lakh, along with printers and raw materials for counterfeiting. In total, 7,157 fake notes amounting to Rs. 24.27 lakh were recovered." He further stated that investigations revealed that the gang initially dealt in person but later used social media platforms like Facebook, Instagram, and Telegram to lure buyers with promises of high returns. "Deals were often struck at a 1:3 ratio, where Rs 1 lakh in genuine currency was exchanged for Rs. 3 lakh in fake notes. The counterfeit currency was circulated through courier services or delivered manually, often mixed with genuine notes to avoid detection. Police profiling shows all three accused had suffered financial losses in business or share trading and turned to counterfeiting for quick money," SP added. Other members of the racket have already been arrested in Maharashtra and Jammu and Kashmir. Further investigation is underway to identify more linkages of the network. (ANI) (The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)
nion Minister of State for Labour and Employment Shobha Karandlaje cited statistics in the Lok Sabha on Monday to show that youth unemployment rates in India were lower than global levels. The minister cited a report by the International Labour Organisation's (ILO) Institute for Human Development (IHD) which states that the worldwide youth unemployment rate was 15.6 per cent in 2021. Further, as per World Employment and Social Outlook Trends, 2024 by ILO, globally, in 2023, the youth unemployment rate was 13.3 per cent. On the other hand, the latest annual Periodic Labour Force Survey (PLFS ...Read More >
Small-cap Stock: Krystal Integrated Services Limited (Krystal) share price rose 5 per cent to ₹779.3 on Tuesday, November 26 after the company announced receiving a ₹106.3 crore contract from the Brihanmumbai Municipal Corporation (BMC). The contract, valued at ₹1,062.99 million ( ₹106.3 crore), covers three years and involves providing comprehensive attendant manpower services to BMC's Education and Security Departments. This initiative is aimed at improving public sector operational efficiency in Mumbai. Small-cap stock Krystal Integrated Services share was trading in the green, up 3.07 pe ...Read More >
New Delhi [India], November 26 (ANI): Spiritual guru and founder of the Isha Foundation, Sadhguru, on Tuesday came out strongly and expressed grave concern over the arrest of Chinmoy Krishna Das, a prominent ISKCON leader in Bangladesh. Taking to social media platform X, Sadhguru highlighted the shift from a democratic to a theocratic and autocratic system in Bangladesh, stressing the importance of understanding the value of an open democracy. He pointed out that persecution based on religion or demographic weaknesses is not in line with democratic ideals. Also Read | UK Horror: Transgender ...Read More >
Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...Read More >
Srinagar, Nov 27 (UNI) Jammu and Kashmir's Road Transport Corporation (RTC), a crucial backbone of public transportation, has raised serious concerns over the barring of its buses from entering Srinagar city limits. The move has triggered alarm within the Corporation, with officials cautioning about significant disruptions to public transport services and daily commutes, alongside substantial financial losses for the RTC. The restriction, in effect since November 4 when the maiden session of the Assembly commenced, is causing a daily revenue loss of Rs. 4 lakh to the Corporation. In a lette ...Read More >
Mr. Rana's daughter-in-law, Sumbul Rana, had contested the Meerapur Assembly by-election as a Samajwadi Party candidate but was defeated by BJP's Mithlesh Pal Former Member of Parliament Kadir Rana was granted bail in two separate cases of alleged violation of the Model Code of Conduct during the Meerapur Assembly by-election, his lawyer said. Mr. Rana appeared before the Special MP/MLA Court in Muzaffarnagar on Wednesday (November 27, 2024) where the presiding officer, Devender Singh Fauzdar, approved his bail plea after he furnished a surety bond of ₹25,000 for each case. Mr. Rana, along ...Read More >
Mumbai Indians (MI) made strategic moves in the IPL 2025 mega-auction, securing New Zealand pacer Trent Boult for ₹12.50 crore. MI owner Akash Ambani praised Boult’s invaluable skill in swinging the new ball, acknowledging the team’s struggles when he wasn’t playing for them in recent years. The franchise also acquired England’s Reece Topley for ₹75 lakh and New Zealand spinner Mitchell Santner for ₹2 crore. MI further strengthened their spin department by signing young Afghan talent Allah Ghazanfar for ₹4.80 crore, who has impressed with his performances in international cricket. ...Read More >
The BE 6e, just as its name sounds, stands out as a futuristic, power-packed, and sporty electric Mahindra SUV on Indian roads. The highly anticipated Mahindra BE 6e, an all-electric compact SUV, has been finally launched at an introductory price of Rs 18.9 lakh (ex-showroom). Globally revealed alongside its sibling, the XEV 9e, this born-electric offering from Mahindra seems to be good enough (on-paper) to position itself as India's answer to luxury compact SUVs from global brands. With its futuristic design, a wealth of modern features, and an impressive power output - the highest in its fa ...Read More >
Trisha Krishnan's old video is currently circulating on Instagram from the success party of Ponniyin Selvan 1 (PS-1). This party was a celebration of the film's massive success at the box office, where it earned over Rs 460 crore worldwide, according to a Deadline report. Ponniyin Selvan 1 has become the third highest-grossing Indian movie of 2022, a remarkable achievement for a Tamil film. The movie has been widely praised for its direction, performances, and grand visuals, making it a milestone in Indian cinema. Trisha Krishnan's old video is currently circulating on Instagram from the succ ...Read More >
New Delhi [India], November 18 (ANI): Bharatiya Janata Party leader and in-charge of the party's National IT Department, Amit Malviya, on Monday, criticised the Congress party's 'hypocrisy' over their stance on the Adani Group, pointing to past investments and agreements made with the corporate conglomerate by Congress-ruled states. Taking to social media platform X, Malviya referenced Telangana Chief Minister Revanth Reddy's recent "public admission of accepting money" from the Adani Group on November 10, 2024, pointing out that this acknowledgment contradicted Congress leader Rahul Gandhi's ...Read More >
Bigg Boss 18: Shilpa Shirodkar is termed 'biggest backstabber' after Vivian Dsena... Deepak Kalal fights with passenger in flight? Know the truth behind viral video Delhi court fixes Nov 28 for hearing former CM Arvind Kejriwal's plea over sanction copy in... Where will the Champions Trophy 2025 be played? ICC to take final call on THIS date Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan recalls telling Amitabh Bachchan he made 'big mistake' by... Deepinder Goyal's Zomato opens Rs 8500 crore QIP share sale, sets floor price at Rs... Delhi Capitals co-owner pens emotional fare ...Read More >
Guwahati: A group of intellectuals and prominent citizens met the officials of the Bangladesh Assistant High Commission in Agartala and demanded the immediate release of Hindu priest Chinmoy Krishna Das Brahmachari in Bangladesh. Various other organisations also organised protest rallies and demonstrations against the arrest of Hindu priest Chinmoy Krishna Das Brahmachari. The intellectuals under the banner of 'Forum for Protection of Minorities in Bangladesh' urged the Bangladesh caretaker government led by Chief Adviser Muhammad Yunus to make all efforts to protect the minorities in Bangla ...Read More >
Ghaziabad: The police arrested a couple on Wednesday for robbing a pedestrian in Crossings Republik on Nov 15. Wave City ACP Lipi Nagayach said unknown individuals on a scooter snatched a woman's gold chain near Ajnara market in the Crossings Republik area on Nov 15. Once the woman filed a complaint, a case was registered under section 304 (snatching) of BNS, and police teams were formed to probe the incident. "With the help of CCTV footage, manual input, surveillance, and a tip-off, Vivek Pandey (29) and his wife Kirti Sharma (28) were nabbed from Chitrawan society in the Crossings Republik ...Read More >
Infosys has announced an average 85% performance bonus for eligible employees in Q2 FY25, reflecting its strong financial performance. The bonus, paid to mid- and junior-level staff, will be credited with the November salaries, with individual payouts varying based on performance. This follows Infosys' impressive 4.7% rise in Q2 net profit and a revenue increase of 5.1%, leading to an upward revision of its FY25 revenue guidance. The bonus payout surpasses the previous quarter's 80%, with Infosys outpacing rivals like TCS. Employees are also awaiting salary hikes, with revisions expected from ...Read More >
Melbourne: A celebrity and "public relations maven" from Australia Roxy Jacenko has said she regrets turning her daughter, Pixie Curtis, into a child social media influencer. The 13-year-old's Instagram account had long been used by her mother to generate income via brand sponsorships and online businesses such as Pixie's Bows and Pixie's Toys. But Jacenko is now saying the money wasn't worth the negative effects of Pixie's public persona, which included being bullied at school. This admission, along with the government's decision to ban social media for under-16s, is a timely reminder for p ...Read More >
Chief Minister Mohan Yadav has expressed his gratitude to Prime Minister Modi and the Union Cabinet for approving 3 multitracking projects of the Railway Ministry worth Rs 7 thousand 927 crore. Chief Minister Yadav said that the state is making rapid progress under the able leadership of Prime Minister Modi, due to the increasing network of railways in the state, and transportation for the people of the state has also become fast and easier. The people of the state are grateful to Prime Minister Narendra Modi and Railway Minister Ashwini Vaishnaw for the continuous new developments and contri ...Read More >
JAMMU, Nov 17: Maharashtra police along with Military Intelligence and Army have arrested nine persons hailing from the border district of Rajouri for taking up jobs as security guards in different cities in Maharashtra and carrying weapons with fake licenses. Nine 12-bore rifles and 58 bullets have been recovered from their possession. Follow the Daily Excelsior channel on WhatsApp The arrests were made during a joint operation of Ahilyanagar (formerly Ahmednagar) police in Maharashtra, Southern Command and Military Intelligence on the basis of tip off that some persons from Rajouri distric ...Read More >
During Tuesday's trading session, the shares of a global leader in glass-lined equipment surged nearly 3 percent to Rs. 1,247.5 on BSE, after a foreign portfolio investor (FPI) bought shares worth a total of around Rs. 167.4 crores in the company via a bulk deal. With a market capitalisation of Rs. 5,524 crores, at 02:19 p.m., the shares of GMM Pfaudler Limited were trading in the green at Rs. 1,228.7, up by nearly 1.4 percent, as compared to its previous closing price of Rs. 1,211.3. As per the latest block deal available with the NSE, foreign portfolio investor Amansa Holdings Private Limi ...Read More >
New Delhi, November 26: Prime Minister Narendra Modi on Tuesday said that the government at the Centre has strengthened the spirit of the Constitution over the last 10 years. Addressing the Constitution Day celebrations at the Supreme Court, PM Modi highlighted that in the last 10 years, more than 53 crore bank accounts were opened, more than 4 crore pukka houses were given and more than 10 crore free gas connections were given. "In the last 5-6 years, by providing tap water facilities in more than 12 crore houses, the government made the lives of citizens easy, particularly of women," he sai ...Read More >
Shinde accepts BJP's decision, likely to receive key ministries Shinde has agreed to BJP's decision to make a Chief Minister from its ranks. He is expected to be given important portfolios like Urban Development, Public Works Department, and Water Resources. Sources also say that two Deputy Chief Ministers will be appointed, one each from Shiv Sena and NCP. Pawar has told his party leaders that the swearing-in ceremony could take place this weekend. Despite initial resistance, Shinde announced his party's support for Prime Minister Narendra Modi and Home Minister Amit Shah's decision on the ...Read More >
CHENNAI: Singles, Doubles, and the Team Championship - the 18-year-old Chennai girl, the daughter of an auto driver from Kasimedu, left nothing for competitors from around the world at the sixth edition of the Carrom World Cup held in the US which Team India swept. The Women's Singles final was a hard-fought contest, where the 18-year-old M Khazima kept her nerves to defeat 12-time national and multiple World Cup winner Rashmi Kumari from Bihar. With this victory, Khazima became the youngest Carrom World Champion. Khazima, whose father Mehaboob Basha is an auto driver from Kasimedu, had been ...Read More >
HYDERABAD, India, Nov. 26, 2024 /PRNewswire/ -- IBSAT 2024, the proctored online aptitude test conducted by The ICFAI Foundation for Higher Education, is MBA aspirants' gateway to premier MBA, PGPM offered at nine ICFAI Business School (IBS) campuses. With applications closing in the third week of December, this is the perfect time for the candidates to secure their future with IBS and explore its Rs. 10 crore scholarship program. IBSAT is designed to reduce the stress on aspirants unlike CAT, XAT as the test does not have negative markings or sectional time limits, allowing candidates to foc ...Read More >
Delhi Capitals made a strong impression at the IPL 2025 Mega Auction, assembling a well-balanced squad for the upcoming season. Key signings included former South Africa captain Faf du Plessis (Rs 2 crore), India pacer Mukesh Kumar (Rs 8 crore - RTM), and Sri Lankan bowler Dushmantha Chameera (Rs 75 lakh). The team also secured uncapped talents like Donovan Ferreira and Ajay Mandal. Co-owner Parth Jindal hailed the squad as “balanced,” while head coach Hemang Badani expressed confidence in their Indian core. Delhi Capitals’ full squad now includes big names like KL Rahul, Mitchell Starc, and T ...Read More >
Major blast outside Badshah's nightclub in Chandigarh, glass window shatters; no casualty Amid linkup rumours with Abhishek Bachchan, Nimrat Kaur says 'that spotlight belonged to you': 'Main ta bahut lucky..' 'One Nation One Subscription': Centre's scheme to ensure access to research articles, journals EXPLAINED Shillong Teer Results TODAY November 26, 2024: Check winning numbers here Meet woman who has become the youngest to travel all 195 countries, she is from... Kerala lottery TODAY November 26 Live Sthree Sakthi SS 443 Tuesday, check winning ticket, prize money here The Matrix villa ...Read More >
Times of India's Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of the day. Hospitals to exams, public suspicion of public institutions comes from bitter experiences In Prayagraj, student protests outside the UPPSC office have waned after it agreed to conduct the provincial civil services preliminary exam on a single day. The decisions that drew these large protests were per se unobjectionable. Officials cited the large number of applicants to split the exam over two days, then normalise the results. This is a routine pract ...Read More >
The Palakkad bypoll has turned into a fierce triangular contest with key defections adding to the excitement. Kerala CM Pinarayi Vijayan campaigned for former Congress leader P Sarin, now contesting as an Independent for the LDF, while BJP’s C Krishnakumar faces a tough challenge. Sarin, a former Congress digital strategist, switched parties after being snubbed for the Congress ticket. Meanwhile, BJP leader Sandeep Varier defected to Congress, further intensifying the race. With the election crucial for UDF, NDA, and LDF's momentum heading into the 2026 Kerala assembly elections, all eyes are ...Read More >
VARANASI: A team of IIT (BHU) scientists, led by Project Investigator and Assistant Professor in the Department of Biomedical Engineering, Sudip Mukherjee, is spearheading a ground-breaking initiative to develop a cell-based therapeutic platform aimed at the long-term cure of ALS (Amyotrophic Lateral Sclerosis), a fatal and debilitating neurological disorder. ALS has long posed a significant challenge to medical science. The disease, primarily of genetic origin, impacts movement, cognition, behaviour, and the overall health of individuals. In severe cases, ALS leads to respiratory failure and ...Read More >
On November 16, Nayanthara lashed out at Dhanush for sending her a legal notice and demanding Rs 10 crore. Actor Dhanush has filed a civil lawsuit against Nayanthara, accusing her of using footage from his production Naanum Rowdy Dhaan in her Netflix documentary without his consent. According to The Hindu, the lawsuit was filed in the Madras High Court and names both Nayanthara and her husband, filmmaker Vignesh Sivan, as defendants. Wunderbar Films has filed an application with the Madras High Court requesting permission, under Clause 12 of the Letters Patent, to include Los Gatos Productio ...Read More >
Oceanic Foods Ltd resolved allegations of disclosure violations by the Securities and Exchange Board of India (SEBI) by paying a settlement fee of Rs 12.22 lakh. The case stemmed from non-disclosure of a NCLT petition and bank account freeze by its ex-CEO. SEBI concluded the proceedings post-settlement. In a move to resolve regulatory discrepancies, Oceanic Foods Ltd, a publicly traded firm, has paid Rs 12.22 lakh to settle allegations made by the Securities and Exchange Board of India (SEBI). The allegations concerned failures in adhering to disclosure regulations, notably not reporting sig ...Read More >
Shikayathai.com, founded by Russian entrepreneurs Alexander Turilin and Alexander Eroshkin, is transforming India's consumer landscape by empowering individuals to resolve disputes with e-commerce giants. This innovative platform enables users to lodge complaints without legal jargon, ensuring swift resolutions for defective products, delayed refunds, and unresponsive customer service. Success stories, like Siddhant Mehta’s laptop refund and Haroon Rasheed’s shoe replacement, showcase its effectiveness. With over 500,000 e-commerce grievances logged in recent years, Shikayathai.com provides a ...Read More >