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, Oct 6 (PTI) Air India Express on Monday said it will start flight services from the national capital to Imphal, Port Blair, Goa and four other domestic destinations in the coming weeks. The Tata Group-owned carrier will also start services to Amritsar, Lucknow, Jodhpur and Udaipur. Flights from Delhi to Goa (Dabolim), Imphal, Lucknow and Port Blair (Sri Vijaya Puram) will commence from October 26, while services to Amritsar will start from October 28. The flights to Jodhpur and Udaipur are set to be operational from November 1, according to a release. The airline operates over 500 flights daily with a fleet of 115 aircraft. PTI RAM IAS SHW
New Delhi, Jun 28 (PTI) A male passenger onboard an Air India flight from Amritsar to the national capital on Saturday behaved in an unruly manner, engaged in verbal altercation with a co-passenger and was handed over to the airport security after landing at the Delhi airport. The incident happened in flight AI454. "During cabin preparations for landing, a member of our cabin crew noticed a passenger standing in the aisle, engaged in a verbal altercation with another passenger. "The second passenger reported to the crew that the individual was being abusive," the airline said in a statement ...Read More >
Jamshedpur, Dec 17 (PTI) Tata Steel has operationalised an all-women shift at its Noamundi iron mine in Jharkhand's West Singhbhum district, an initiative introduced in the country for the first time, a company statement said. Women employees were engaged in all the mining activities of the shift, including heavy earth moving machinery, shovel, loader, drill [...] Jamshedpur, Dec 17 (PTI) Tata Steel has operationalised an all-women shift at its Noamundi iron mine in Jharkhand's West Singhbhum district, an initiative introduced in the country for the first time, a company statement said. Wome ...Read More >
Hyderabad, Jun 6 (PTI) Telangana Chief Minister A Revanth Reddy on Friday said BRS president K Chandrasekhar Rao should face an inquiry by the judicial commission on the Kaleshwaram project instead of attacking the Congress government. Addressing a public meeting after attending various development programmes in Yadadri-Bhuvanagri district, he referred to the judicial panel summoning KCR and the BRS criticising the state government on the matter. Also Read | Water Cut in Pune: Supply Suspended in South Pune on June 12 Due to Maintenance Work; Check Affected Areas. The judicial commission is ...Read More >
Mumbai, Jun 30 (PTI) Police have arrested a 32-year-old man who allegedly posed as an IAS officer, stayed at a Customs' guest house in Mumbai and travelled in a car with the 'Government of India' name plate, an official said on Monday. The accused, identified as Chandramohan Singh, hailing from Bihar, stayed at the Customs' facility by claiming to be an employee of the Ministry of Home Affairs, he said. He used to move around in a car bearing the 'Government of India' name plate, the official said. The man had been stopped by a traffic constable in Dadar for a road rule violation, but he ma ...Read More >
New Delhi, Jul 2 (PTI) Industrial steam and gas supplier Steamhouse India has filed for an initial public offering (IPO) through a confidential pre-filing route, with an aim to raise between Rs 500 crore and Rs 700 crore, industry sources familiar with the development said. In a public announcement on Wednesday, Surat-based Steamhouse India said it has submitted "the pre-filed draft red herring prospectus with Sebi and the stock exchanges...in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges". While the exact issue size has not be ...Read More >
New Delhi/Mumbai, Jul 13 (PTI) A five-member team, headed by 56-year-old Sanjay Kumar Singh, is probing the fatal crash of the Air India aircraft last month in Ahmedabad that killed 260 people. Aircraft Accident Investigation Bureau (AAIB) Director Singh is the Investigator-in-Charge and Deputy Director Jasbir Singh Larhga is the Chief Investigator. Also Read | Railway Minister Ashwini Vaishnaw Approves To Install CCTV Cameras in All 74,000 Coaches To Enhance Passenger Safety. There are also three Directorate General of Civil Aviation (DGCA) officials in the investigation team -- Deputy Dir ...Read More >
Mumbai, Jun 28 (PTI) A Chennai-bound Air India flight was forced to return to Mumbai on Saturday due to a "burning smell" in the cabin. The aircraft, however, landed back safely, Air India said in a statement. "Air India flight AI 639, operating from Mumbai to Chennai, on Friday, June 27, made a precautionary air-return to Mumbai due to a burning smell in the cabin," the airline said in a statement. The flight landed "safely" back in Mumbai, and an aircraft change was initiated, Air India said without giving specific details. The airline further said its ground teams in Mumbai provided all ...Read More >
New Delhi, Jun 28 (PTI) Airport security and adminstration authorities are mulling integration of facial recognition technology and CCTV for staffers apart from deploying other technology tools for faster security checks and reducing queues at these facilities. These measures along with synchronising automatic number plate recognition and FASTag for vehicles was discussed during a "functional workshop of airport sector" organised by the Central Industrial Security Force (CISF) in Delhi on June 27. Also Read | Aurangabad Shocker: Woman Kills Husband With Help of Lover in Bihar; Wife Arrested, ...Read More >
Kolkata, Dec 6 (PTI) Air India Express, the budget-carrier arm of Air India, is embarking on a significant expansion by increasing its fleet size and introducing new routes, as passenger growth remains robust. The airline, however, has deferred plans to launch direct flights between Kolkata and Dhaka, citing the ongoing political crisis in Bangladesh. "You would recall we had announced our operational plan for Dhaka, which is a new and significant market for us. But because of the situation there, we have deferred those plans," Aloke Singh, Managing Director of Air India Express, said. "As ...Read More >
Bengaluru, Jun 6 (PTI) The Karnataka State Cricket Association had sought permission for RCB's IPL trophy celebrations at Vidhan Soudha, a letter sent by it to the state government has revealed, reaffirming KSCA's assertion that it facilitated approvals for the franchise which is under fire following 11 deaths in a stampede outside the Chinnaswamy Stadium. After an FIR was lodged against them, KSCA president Raghuram Bhat, secretary A Shankar and treasurer E S Jayaram submitted in the Karnataka High Court that the gate management and crowd management were not the responsibility of the associa ...Read More >
VIJAYAWADA: The State government on Friday accorded approvals to a slew of industries. Among those are Krishnapatnam Power Corporation Limited (KPCL), which is set to establish a 350 MW Solar and Battery Energy Storage System (BESS) in Thamminapatnam and Mommidi villages of SPSR Nellore district with a Rs 1,225 crore investment, creating 575 jobs. Furthermore, the government also waived off a Rs 54 crore extension of time fee, contingent on project completion within two years as per the Andhra Pradesh Integrated Clean Energy Policy-2024. The government also allocated 22.80 acres at MPSEZ in N ...Read More >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
New Delhi, Jul 2 (PTI) Tata Steel is confident of completing its transition to green steel manufacturing in the UK and Netherlands as per schedule, the company's Chairman N Chandrasekaran said on Wednesday. He made the remarks while addressing the shareholders at the company's 118th Annual General Meeting (AGM). Also Read | Iran's President Masoud Pezeshkian Approves Law to Suspend Cooperation With IAEA Following Israel, US Strikes. "...we remain confident that the transition to green steel making in the UK and the Netherlands will happen as per our plans, in the next few years," Chandrasek ...Read More >
Bhubaneswar, Jul 3 (PTI) The Odisha government on Thursday sought information from public regarding the stampede that took place near Shree Gundicha Temple in Puri during a ceremony related to ongoing Rath Yatra festivities in which three persons were killed and 50 others injured. The state government through a public notice urged the people to share information, video footage or any other materials related to the stampede which took place early on Sunday for a proper and transparent inquiry into the incident. The public notice issued by the Planning and Convergence department, also mentione ...Read More >
New Delhi, Jul 4 (PTI) Shares of Tata group firm Trent on Friday faced heavy selling pressure, tumbling nearly 12 per cent. The stock tanked 11.93 per cent to settle at Rs 5,448.65 on the BSE. During the day, it dropped 12.30 per cent to Rs 5,425. At the NSE, it fell 11.87 per cent to Rs 5,456. The stock emerged as the biggest laggard among the BSE Sensex and NSE Nifty firms. The company's market valuation also eroded Rs 26,226.08 crore to Rs 1,93,692.68 crore in line with weak trend in its stock price. "At its AGM, Trent disappointed on near-term growth expectations in its core fashion b ...Read More >
New Delhi, Jul 7 (PTI) The Tata Group is focusing on enhancing safety across companies as it has become a "top priority" and is aware that it needs to do more on the issue as it goes ahead with its expansion plans, Tata Sons Chairman N Chandrasekaran said on Monday. He was responding to a shareholders' query regarding safety measures undertaken in the aftermath of the Air India crash and how to avoid such tragedies in other Tata Group firms, while addressing the Annual General Meeting of the Ind ...Read More >
Mumbai, Jul 12 (PTI) The Air India aircraft, which crashed soon after takeoff in Ahmedabad last month, might have suffered mechanical or power supply issues that could have led to the change in the position of the switches that feed fuel into the plane, according to experts. They also opined that the reasons for the change in fuel switch position will be known during further investigations. The Aircraft Accident Investigation Bureau's (AAIB) preliminary report has mentioned that fuel switches of engine 1 and 2 of the Boeing 787-8 aircraft were cut off within a gap of one second and later tur ...Read More >
New Delhi, Jul 13 (PTI) Billionaire Anil Agarwal's mining conglomerate Vedanta Ltd nearly quadrupled its donations to the ruling Bharatiya Janata Party (BJP), contributing Rs 97 crore in the fiscal year ending March 2025, according to its latest annual report. Under "Miscellaneous Expenses', Vedanta detailed the political donations as well as the management and brand fee expenses it paid to its parent, London-listed Vedanta Resources Plc. Also Read | Kota Srinivasa Rao Dies at 83: Andhra Pradesh CM Chandrababu Naidu Condoles Demise of Veteran Actor, Says 'He Will Forever Stay Etched in Heart ...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 >
New Delhi, Jun 29 (PTI) A Delhi-bound Air India flight from Tokyo's Haneda Airport was diverted to Kolkata on Sunday due to "persistent warm temperature" in the cabin. The aircraft, however, landed safely, Air India said in a statement. Alternative arrangements are being made to fly our passengers to Delhi at the earliest, the airline statement said. "Air India flight AI357 operating from Haneda to Delhi on June 29 made a precautionary diversion to Kolkata due to persistent warm temperature experienced in the cabin," Air India said. The aircraft is currently undergoing checks, it stated, a ...Read More >
New Delhi, Jul 3 (PTI) Senior bureaucrat A P Das Joshi has been appointed as the Food Processing Industries secretary, according to a Personnel Ministry order. Joshi, a 1994 batch Indian Administrative Service (IAS) officer of Assam-Meghalaya cadre, is currently additional secretary in the Department of Personnel and Training (DoPT). Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for July 03, 2025 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game. The Appointments Committee of the Cabinet has approved his appointment as secretary, Ministry of Foo ...Read More >
Mumbai, Jul 3 (PTI) An Air India flight from Delhi to Washington, which took off on July 2, could not complete its journey after it developed a technical glitch during a scheduled refuelling stopover in Vienna, the Tata Group-owned airline said on Thursday. Consequently, its return flight from Washington to Delhi, scheduled on July 2, was also cancelled. Also Read | India Weather Forecast: Monsoon in Active Phase, Heavy Rainfall to Continue in Most Parts of India for Almost Entire Week, Says IMD Scientist. Of late, frequent delays and cancellations of long-haul flights by Air India have bee ...Read More >
New Delhi, May 22 (PTI) Royal Challengers Bengaluru on Thursday signed New Zealander Tim Seifert as a replacement for England batter Jacob Bethell, who will be unavailable for the IPL play-offs due to national commitments. The replacement will be effective from May 24, the BCCI said in a statement. Seifert, who has scored 1540 runs in 66 T20s for the Blackcaps, has played only three games in the IPL previously and last featured in the tournament in 2022. He will join RCB for Rs two crore. "Royal Challengers Bengaluru (RCB) have signed Tim Seifert as Jacob Bethell is set to leave from TATA I ...Read More >
Kolkata, Jun 6 (PTI) West Bengal Chief Minister Mamata Banerjee on Friday wished the people on the occasion of Eid-ul-Adha. "Eid Mubarak! My heartfelt greetings to everyone on the occasion of Eid-ul-Adha," Banerjee posted on X. Also Read | Water Cut in Pune: Supply Suspended in South Pune on June 12 Due to Maintenance Work; Check Affected Areas. Eid ul-Adha, also called Bakrid, is the second of the two main festivals in Islam, alongside Eid al-Fitr. The festival celebrates the devotion of Prophet Ibrahim, who was willing to sacrifice his son in obedience to God's command. The crescent moon ...Read More >
New Delhi, Jul 9 (PTI) In line with the steps to modernise the Army's artillery regiments and enhance operational readiness, indigenously-made Advanced Towed Artillery Gun Systems (ATAGS) will replace the vintage and smaller calibre guns, with the Defence Ministry on Wednesday calling the project an "exemplary mission mode success". ATAGS is designed by Armament Research and Development Establishment (ARDE), Pune, a laboratory of the Defence Research & Development Organisation (DRDO). Also Read | Volkswagen Reports Electric Vehicles Sales Surge in 2025. The ministry shared a post on X along ...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 >
BENGALURU: The Karnataka State Cricket Association had sought permission for RCB's IPL trophy celebrations at Vidhan Soudha, a letter sent by it to the state government has revealed, reaffirming KSCA's assertion that it facilitated approvals for the franchise which is under fire following 11 deaths in a stampede outside the Chinnaswamy Stadium. After an FIR was lodged against them, KSCA president Raghuram Bhat, secretary A Shankar and treasurer E S Jayaram submitted in the Karnataka High Court that the gate management and crowd management were not the responsibility of the association. A let ...Read More >
A one-man inquiry commission, led by retired Justice John Michael Cunha, has been formed by the Karnataka government to investigate the stampede at the RCB victory celebration that resulted in 11 deaths. The commission will identify those responsible for any procedural lapses and suggest preventative measures.The one-man inquiry commission constituted by the Karnataka government under retired High Court judge John Michael Cunha to inquire into the June 4 stampede that killed 11 people, has been a ...Read More >
New Delhi, Jun 27 (PTI) Raising concerns over the elevated gold prices, country's leading branded jewellery maker Titan said it "could see shifts in demand segments", though it will continue to prioritise topline growth driven by market share gains. "Gold prices are expected to remain high, given the geopolitical and macroeconomic uncertainties globally," said the latest annual report of Titan, which operates in the market with brands such as Tanishq, Mia by Tanishq, CaratLane and Zoya. Also Read | Bodoland Lottery Result Today, June 27, 2025: Assam State Lottery Sambad Friday Lucky Draw Res ...Read More >
Bengaluru, Jul 3 (PTI) The state Congress on Thursday complained against BJP MLC N Ravikumar to Legislative Council Chairperson Basavaraj Horatti for allegedly making derogatory remarks on Karnataka Chief Secretary Shalini Rajneesh. It also lodged a complaint against him at the Vidhana Soudha police station. The Karnataka IAS Officers' Association also condemned the derogatory remarks made by the MLC. During a protest at Vidhana Soudha recently, Ravikumar, who is the opposition BJP's chief whip, had allegedly made some remarks which the Congress termed derogatory and took it up vehemently. ...Read More >