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.
Farrukhabad: A private aircraft crashed moments after take-off at Mohammadabad airport on Thursday. However, no casualties were reported in the incident. Police said the aircraft had six occupants including two pilots all of whom survived the crash. District Magistrate Ashutosh Kumar Dwivedi said all those on board the aircraft are safe. He said the aircraft had arrived from Bhopal with officials who inspected an under-construction beer factory at Farrukhabad. Manish Kumar Pandey, UP Project Head of the beer factory said the private jet bearing call sign VT-DEZ of Jet Service Aviation Private Limited landed at the official airstrip of Mohammadabad at 3 pm on Wednesday. There were six passengers onboard including two pilots. The passengers included DMD Ajay Arora, SBI Head Sumit Sharma and BPO Rakesh Tiku.
Mandi (Himachal Pradesh) [India], July 10 (ANI): Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday said a massive disaster had struck three assembly constituencies in Mandi district due to a cloudburst, with Seraj constituency being the worst affected. He visited the impacted areas, met families at rehabilitation centres, and sought central help to deal with the crisis. Speaking to the mediapersons, CM Sukhu said, ... A massive disaster has struck the state in three assembly constituencies of Mandi district, caused by a cloudburst... Areas of the Seraj constituency have been ...Read More >
Aizawl, June 2 (SocialNews.XYZ) All the government and private schools in Mizoram remained closed on Monday due to heavy rains that triggered landslides, rockfalls, and waterlogging in different parts of the mountainous state, officials said. A senior official of the School Education Department said that Deputy Commissioners of all 11 districts issued separate notifications closing the schools on Monday as a precautionary measure to ensure the safety of the students. After the beginning of the current spell of heavy rain, earlier, schools were closed across the state for two days on May 29 a ...Read More >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...Read More >
Agartala (Tripura) [India], July 6 (ANI): A crucial Airport Advisory Committee meeting was held on Saturday at the Maharaja Bir Bikram (MBB) Airport, Agartala, under the chairmanship of the local Member of Parliament, Biplab Kumar Deb. The meeting, which takes place twice a year, serves as a platform to discuss future development plans, passenger amenities, and various operational matters concerning the airport. Also Read | PM Narendra Modi, Argentine President Javier Milei Agree to Diversify India-Argentina Trade Basket, Vows to Expand Cooperation in Defence, Security and Minerals (Watch Vi ...Read More >
New Delhi, Jul 12: Both switches feeding fuel to the two engines of Air India flight 171 were cut off followed by pilot confusion before the plane crashed in Ahmedabad, seconds after taking off, the first investigation report into the crash has revealed. It said that one pilot asked why he had shut off the fuel, and the other responded he didn't do it. The crash on June 12 was the first fatal disaster involving a Boeing 787, killing a total of 260 people -- all but one of the 242 people on board the aircraft died -- when the plane ploughed into a medical college hostel. The preliminary repo ...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 >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
Bengaluru: Congress President Mallikarjun Kharge was admitted to MS Ramaiah Hospital in Bengaluru after developing a fever late Tuesday night, sparking concern among party workers and political leaders across the country. Doctors at the hospital are closely monitoring his condition and have assured that there is no immediate cause for alarm. Kharge, 83, was reportedly brought to the renowned medical facility after he complained of persistent fever. A medical team quickly initiated a series of diagnostic tests to determine the cause. While his condition is said to be stable, doctors have kept ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
NEW DELHI: Amid worsening weather conditions and continuous rainfall in parts of Uttar Pradesh, all government and private schools from Classes 1 to 12 in Lucknow will remain closed on Monday, according to district magistrate Visakh G Iyer.Several parts of Varanasi were inundated on Monday following relentless downpours and a steady rise in the water level of the River Ganga. The river has been rising continuously since Saturday, triggering concerns of urban flooding.In response, authorities have suspended all boat operations on the Ganga as a precautionary measure. Several residents were seen ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
Uttar Pradesh Chief Minister Yogi Adityanath inspected the upcoming Noida International Airport at Jewar, reviewing progress and preparations for its imminent inauguration. The ambitious project, a public-private partnership, will eventually become India's largest airport by area. Passenger flights are anticipated to begin by December this year, marking a significant milestone for the region's connectivity. Uttar Pradesh Chief Minister Yogi Adityanath on Saturday inspected the site of the upcomi ...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 >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
Hyderabad, July 6 (Maxim News): In a major boost to employment opportunities in the banking sector, public sector banks (PSBs) are set to recruit around 50,000 personnel during the current financial year (FY2025), according to data compiled from various banks. The move is aimed at supporting expanding business operations, enhancing customer services, and strengthening digital and physical infrastructure. The State Bank of India (SBI), the country's largest lender, is leading the hiring wave with plans to employ nearly 20,000 people in FY2025. This includes both probationary officers and speci ...Read More >
Noida: The district administration has stepped up surveillance around the upcoming Noida International Airport after concessionaire Yamuna Expressway Industrial Development Authority (YEIDA) flagged concerns over bird strikes and safety risks linked to illegal constructions and waste dumps.In a recent Airfield Environment Management Committee (AEMC) review meeting, district magistrate Manish Kumar Verma instructed officials to ensure strict cleanliness within a 10-kilometre radius, removal of garbage and carcasses, and ordered the strengthening of all drainage systems in and around the airport ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >
NEW DELHI: India's new approach to treat any act of terror as an act of war has added a new dimension to the Navy's operational outlook after the conduct of Operation Sindoor against Pakistan, Admiral Dinesh K Tripathi said Friday."We must be prepared for this new normal," the Navy chief said at an investiture ceremony here. Over 35 Indian warships and submarines led by aircraft carrier INS Vikrant, with its MiG-29K fighters, were forward deployed in a dissuasive deterrent posture against Pakistan in the northern Arabian Sea last month."Our ships, submarines and aircraft were operationally rea ...Read More >
Lucknow: Umar Ansari, the younger son of gangster-turned-politician late Mukhtar Ansari, was arrested by Ghazipur police from Darul Shafa area of Lucknow late Sunday night.The arrest was made following the registration of a criminal case against him for forgery in Ghazipur. He was taken into custody and transported to Ghazipur for further proceedings.Umar Ansari was booked for allegedly attempting to fraudulently reclaim a property that had been confiscated under the Uttar Pradesh Gangsters and Anti-Social Activities (Prevention) Act. The property was earlier seized under Section 14(1) of the ...Read More >
Seven people were killed after an air ambulance transporting a patient from Ranchi to New Delhi, crashed in Jharkhand's Chatra district on Monday night. The flight, which was expected to reach the national capital by 10pm, crashed before it could reach Delhi. As reported by HT earlier, the chartered plane took off from Ranchi at 7:11pm from the Birsa Munda Airport. In the statement issued by the Directorate of Civil Aviation (DGCA), it was stated that the plane lost contact with Kolkata at 7:34 ...Read More >
Nagpur: Warrior king Chhatrapati Shivaji Maharaj belonged to the entire country, but British history tried to confine him as a regional icon, said BJP leader and Rajya Sabha MP Sudhanshu Trivedi, who was in Nagpur on Friday to attend an event marking the 351st anniversary of Shivaji Maharaj's coronation. Trivedi told TOI at the event organized by Shivaji Maharaj Kruti Samiti that Shivaji Maharaj's contribution in 'safeguarding' the southern part of India from Mughal invasion must not be forgotten.Trivedi said, "Shivaji Maharaj belonged to all of us, entire country. Unfortunately, the British p ...Read More >
New Delhi: The second match of the five-match Test series between India and England will be played at Edgbaston in Birmingham. It will start on July 2. In this Test, Shubman Gill has a chance to create history. Actually, the Indian team has not been able to win on this ground so far. Team India played the first match on this ground in 1967. Be it Virat Kohli or Dhoni or Dravid or Sourav Ganguly, no Indian captain has won here in 58 years. However, Gill will have a chance to get his name registered in the history books. If he manages to end the drought of 58 years, he will become the first Indi ...Read More >
New Delhi, Jul 12 (PTI) Fuel control switches of the Air India plane were cut off and later turned on before it crashed in Ahmedabad on June 12, killing 260 people, according to the preliminary report by AAIB which also noted that there is no recommended action for now for the operators of Boeing 787-8 operators. Releasing its 15-page report, a month after the fatal plane accident that happened in around 30 seconds after lift off, the Aircraft Accident Investigation Bureau (AAIB) on Saturday also said fuel samples taken from bowsers and tanks used to refuel the aircraft were tested at the DGC ...Read More >
Chennai: Madras high court has clarified that private self-financing medical colleges are required to pay only a stipend, and not a full salary, to in-service govt doctors pursuing postgraduate or super-specialty courses under the govt quota.A division bench of Justice R Subramanian and Justice K Surender passed the order while partly allowing a batch of appeals moved by Karpaga Vinayaga Medical College and others. They challenged a single judge's order that directed private colleges to pay salaries to in-service doctors studying in their institutions.The appeals were moved based on a GO dated ...Read More >
Patna: Non-vegetarian dishes have made Bihar's politics spicier on several occasions, and so union minister and senior JD (U) leader Rajiv Ranjan Singh aka Lalan Singh' recent mutton party for party workers and supporters under his Munger constituency was no exception. Lalan Singh listened to problems of common people at Suryagarha in Lakhisarai district of Bihar (part of Munger constituency) to sort them out with local authorities and also threw a mutton party for them, creating a controversy as the feast was organised in the month of saawan. Although Lalan Singh made separate arrangements ...Read More >
Bengaluru: Chief Minister Siddaramaiah and Deputy Chief Minister DK Shivakumar are directly responsible for the tragic stampede that occurred at Chinnaswamy Stadium and its surroundings. Opposition Leader R Ashoka demanded that a Special Investigation Team (SIT) led by a High Court judge probe the incident. Speaking at a press conference, he stated, "We will not accept an investigation by the District Collector. A Public Interest Litigation (PIL) is being filed before the High Court Chief Justice. The investigation must be conducted under the supervision of a High Court judge, and a SIT shoul ...Read More >
Lucknow: Three day Mango Festival 2025 kicked off at Awadh Shilp Gram in Lucknow, featuring more than 800 mango varieties from across India. The event celebrates mango diversity, horticultural innovation, and the growing role of Uttar Pradesh in India's fruit export ecosystem. Organized with participation from farmers, exporters, scientists, and food processing units, the festival offers a platform to promote mango-based trade and technology. Mangoes like Dussehri from Lucknow, Langda from Varanasi, Amrapali from Basti, Gaurjeet from Gorakhpur, and Ratol from western UP were among the most ad ...Read More >
New Delhi, Jul 18 (PTI) The central drugs laboratories have found 55 samples manufactured by various firms in June to be "not of standard quality", health ministry officials said on Friday. Further, state drugs testing laboratories have identified 130 drugs samples as 'not of standard quality', they said. Also Read | Chhattisgarh: 6 Bodies of Naxals Recovered in Ongoing Encounter With Security Forces in Narayanpur. According to routine regulatory surveillance activity, the list of 'not of standard quality' and spurious drugs are being displayed on the Central Drugs Standard Control Organisa ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with natural-voice AI agents and deployed end-to-end social media pipelines capable of scaling global brand ...Read More >