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.
COIMBATORE: The Bomb Detection and Disposal Squad (BDDS) on Thursday conducted searches on the Coimbatore district collectorate premises after an unknown person sent a bomb threat email to the official email ID of the district collector.A collectorate staff member noticed the email which stated that a bomb would explode on the premises. This prompted the evacuation of everyone from the campus.On being informed, the BDDS and the K9 dog squad of the Coimbatore city police reached the spot and launched searches. After an hour of searches, the police personnel declared that it was a fake bomb threat email.Except for the city police commissionerate, all the other major offices and institutions have received hoax bomb threats in recent months. Besides the collector's office, district court, IT park, schools, colleges and hospitals in the city got bomb threats in the recent months. Since the senders use VPNs and darknet browsers to conceal their identity, the police are finding it difficult to trace them.
The Reserve Bank of India (RBI) on Friday received the second bomb threat in less than a month. The Reserve Bank of India (RBI) on Friday received the second bomb threat in less than a month, which was reportedly delivered via email in Russian language to the bank's official website. Acting on the bank's complaint, the Mumbai Police launched an investigation and filed a case against an unknown individual at the Mata Ramabai Marg (MRA Marg) police station. The Zone 1 DCP of the Mumbai Police sa ...Read More >
Mumbai: The income tax (IT) department conducted raids at over 150 locations across the country against false tax deduction disguised as political donations as well as educational and medical expenses. The investigation has revealed that employees of government bodies, public sector undertaking (PUS), multinational companies, academic institutions and entrepreneurs were a part of these organised rackets. On Monday, the IT department initiated a large-scale verification operation across multiple locations in the country, targeting individuals and entities facilitating fraudulent claims of dedu ...Read More >
The recurring threats have caused considerable anxiety among parents and teachers. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Ten bomb threat emails were sent to nine Delhi schools over three days using encrypted networks * Senders used VPNs and the dark web to anonymise their location and evade tracking by police * Delhi Police and cyber experts are treating the threats seriously and multiple agencies are investigating Did our AI summary help? Let us know. New Delhi: A ...Read More >
New Delhi [India], August 1 (ANI): The Indian Embassy in Ireland has advised all citizens to take precautions and be aware of their surroundings for their personal security following a recent increase in physical attacks against Indian nationals in the country. The Embassy further stated that they are in touch with the Irish authorities to address the situation. Also Read | Tragedy at Cleethorpes: UK Teen Dies After Swimming on Full Stomach of Pizza and Chips, Coroner Warns of Hidden Dangers of Swimming Too Soon After Eating. The Embassy has also provided emergency contact details for India ...Read More >
NEW DELHI: India's telecom regulator has trained its sights on a fast-growing corner of the broadcasting market that has so far operated in a regulatory grey zone. The Telecom Regulatory Authority of India (TRAI) released a consultation paper on Monday seeking to build a formal regulatory framework for application-based linear television distribution (ALTD) services, a category that includes free ad-supported streaming television, better known as FAST services. The move follows a reference from the Ministry of Information and Broadcasting, made on 15th December 2025 under Section 11(1)(a) of ...Read More >
NEW DELHI: The US consulate office in Chennai's Teynampet received a bomb threat on Tuesday, triggering a prompt response from security agencies. The Bomb Detection and Disposal Squad (BDDS) and the dog squad were immediately deployed to the site to conduct thorough checks and ensure the safety of the premises.Authorities carried out extensive checks across the consulate compound to ensure the safety of all personnel. As of now, no explosives have been found, and further investigation is under way to trace the source of the threat.Security around the consulate has been heightened, and official ...Read More >
Mumbai, March 31: The Ministry of Electronics and Information Technology (MeitY) has proposed significant amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. The draft rules aim to expand regulatory oversight to include news and current affairs content shared by social media users who are not registered publishers. By bringing user-generated news dissemination under the Digital Media Ethics Code, the government seeks to ensure that individual accounts adhere to the same regulatory framework as digital news organisations. The Ministry h ...Read More >
Hyderabad: The Hyderabad Cyber Crime Police have apprehended a 29-year-old man from East Godavari, Andhra Pradesh found actively involved in a high-profile movie piracy racket. In a span of one and half year, he has recorded and leaked about 40 movies in various theaters across Hyderabad. Police arrested Jana Kiran Kumar, works as an AC Technician and residing at NGOs Colony, Vanasthalipuram, Ranga Reddy District and native of Andhra Pradesh. According to police, on June 5, police received a complaint from Yarra Manindra Babu, representing the Anti-Video Piracy Cell of the Telugu Film Chambe ...Read More >
Srinagar: Two months after Operation Sindoor, Jammu and Kashmir is still facing digital outage as several government websites are still inaccessible due to non-compliance with digital security parameters, posing difficulties for the public and officials in service delivery and e-governance. Following Operation Sindoor, launched by India on May 6 in response to the Pahalgam terror attack in which 25 tourists and a local pony rider were killed, several public sector websites and applications went offline. Union minister for power Manohar Lal Khattar recently revealed in a press conference in S ...Read More >
Delhi schools faced repeated bomb threats, causing panic. Delhi Police are investigating, finding the emails hard to trace due to encryption. Senders used VPNs and the dark web for anonymity. Directorate of Education issued safety guidelines. Schools increased security measures. Police are exploring all possible angles, including terror links. Parents expressed fear and anxiety over the disruptions. A fresh wave of bomb threats targeting schools and colleges has kept Delhi Police on its toes as ...Read More >
Gurgaon: Panic gripped HSV Global School in Sector 46 after it received a bomb threat via email around 12.30am on Thursday. After nearly two hours of combing the premises, no explosives or suspicious items were found. Police later said it was a "hoax". The anonymous message claimed explosives had been planted in different classrooms, hidden inside polythene bags. According to the sources, the person who sent the email wrote that he would be happy to see the destruction and hue and cry. The sender also said he would also end his own life after the destruction. While Friday's classes were cancel ...Read More >
New Delhi: The Income Tax Department has clarified that the deadline for ITR filing for Assessment Year 2025-26 is September 15 and there is no further extension as circulated on social media. In a late night post on X on September 14, the department termed "fake" a statement in circulation on social media stating that the due date of filing ITRs has been further extended to September 30, 2025. Asking taxpayers to only rely on official updates on @IncomeTaxIndia, it said "The due date for filing ITRs remains 15.09.2025". A host of chartered accountants and individuals have taken to social m ...Read More >
Anthropic PBC is embedding its Agentic AI tools into Air India Ltd. amid a bevy of other Indian companies, as part of its push to tap into the world's largest internet population. That's a fresh challenge for the likes of Tata Consultancy Services Ltd. to Infosys Ltd. The airline, controlled by TCS owner Tata Group, is using Claude Code to create custom software faster and cheaper, as part of a broader push to use Agentic AI across its operations. "Our partnership with Anthropic PBC is pivotal ...Read More >
Mumbai: The Mumbai Police Crime Branch is likely to seek custody of a 47-year-old man arrested by the Delhi Police for allegedly sending hoax bomb threat emails to courts and institutions, as investigators probe his possible link to similar threats received in Mumbai. Shrinivas Luis apprehended from Vrindavan Layout residence in Mysuru The accused, identified as Shrinivas Luis, was arrested from Mysuru in Karnataka following a two-week-long operation by Delhi Police's Cyber unit. He was apprehended from his residence in Vrindavan Layout after technical surveillance traced his location. Sour ...Read More >
Nites has argued that although tech profits remain strong, weakening job security raises serious questions about corporate responsibility and accountability IT employees' body Nites has exhorted tech firms to prioritise reskilling over layoffs, while calling for policy intervention to bring stronger safeguards and mandatory severance norms to protect white-collar workers, as aggressive AI build-outs by industry trigger job cuts and uncertainty for workforce. Nascent Information Technology Emplo ...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 >
The Income-Tax Department has found organised rackets operated by some returns preparers and intermediaries across the country, filing income-tax returns (ITRs) on behalf of their clients -- including employees of multinational companies, public sector firms, government bodies, academic institutions, and entrepreneurs -- to fraudulently claim exemptions and refunds, the Finance Ministry said. The department is now poised to take stern action against continued fraudulent claims, including penalti ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family has not yet agreed to clemency or blood money. As a last-ditch effort to save her, Kanthapuram A. ...Read More >
New Delhi, Oct 3 (PTI) Candidates appearing in Staff Selection Commission (SSC) exams can now view their question papers, responses and the correct answers after taking the test, as the Commission has rolled out a series of reforms to make its examinations more transparent and secure. This move would allow the candidates to challenge answer keys with evidence, as well as keep copies for their personal use, officials said on Friday. They said the steps balance exam integrity with candidate welfare, as the Commission prepares for a busy examination cycle in the coming months. A key reform rel ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...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 >
Kolkata: The Kolkata Traffic Police is facing a new challenge in managing vehicle parking for the upcoming Shahid Diwas rally on Monday, as persistent rainfall threatens to render designated parking fields unusable. The fresh spell of rain on Friday, with more occasional rain predicted even on Saturday, has left cops worried as they believe the Maidan area can be filled with slush.The traffic department, which initially planned to utilise various fields across the city for parking buses and cars of parade attendees, is now frantically searching for alternative solutions on the main roads, stre ...Read More >
Gross Goods and Services Tax (GST) collections rose 7.5 per cent year-on-year to Rs 1.96 lakh crore in July (for sales in June), data released by the government on Friday showed. Even though the pace of growth in gross GST collections picked up to 7.5 per cent in July from 6.2 per cent, this is the second consecutive month wherein the growth rate has been in single digits and much lower after posting double-digit growth in the first two months of the ongoing financial year. ARTICLE CONTINUES BELOW VIDEO Net GST collections, after accounting for refunds, took a hit by growing by just 1.7 per ...Read More >
New Delhi, July 18 (SocialNews.XYZ) In a significant development in the global AI race, Aravind Srinivas-led Perplexity AI has surpassed OpenAI's ChatGPT to take the top spot among free apps on the Apple App Store. The abrupt surge follows a strategic alliance with telecom operator Airtel, which now provides its customers with free access to the premium Perplexity Pro subscription, which costs Rs 17,000 a year. Access to several state-of-the-art AI models, such as GPT-4.1, Claude, Grok 4, and image generation tools, is made possible by Perplexity Pro. Additionally, it gives non-paying users ...Read More >
Meerut (UP), Feb 16 (PTI) The district court here received a bomb threat via email on Monday, prompting authorities to carry out a search operation in the premises after evacuating the staff and others, officials said. Normal work in the courts in Meerut has resumed after nothing suspicious was found, they said. All judicial officers gathered on the lawn in front of the district judge's court as the bomb squad and dog squad were deployed in the court premises. Court-related work was disrupted till noon due to security reasons. The police team, led by CO (Civil Lines) Abhishek Tiwari, conduc ...Read More >
Mumbai, June 8 (SocialNews.XYZ) On her milestone 50th birthday, Shilpa Shetty took a heartfelt moment to reflect on her incredible journey and the defining stories that have shaped her both personally and professionally. Celebrating decades of success and growth, she shared insights into the experiences that made her the strong and inspiring woman she is today. Taking to Instagram, she posted a video of her transformation over the years and wrote, "Grateful for my journey and the stories that made me and the ones still on my way. Thank you for all your love and wishes Instafam. #Gratitude #lo ...Read More >
'India should look to add an extra bowler' IMAGE: Ajinkya Rahane has a piece of advice for head coach Gautam Gambhir and captain Shubman Gill- play an extra bowler in the fourth Test at Old Trafford. Photograph: BCCI/X As India gear up for the fourth Test at Old Trafford, former captain Ajinkya Rahane has raised a tactical alarm: the team's all-rounder-heavy approach might be hurting their chances. His solution? A fourth specialist bowler -- even if it comes at the cost of batting depth. Now in England, and having witnessed India's narrow defeat at Lord's, the veteran batter has a piece of ...Read More >
Mumbai: Close on the heels of the Delhi High Court being evacuated following a bomb threat email, a similar threat email regarding the Bombay high court was received, said police officers. Mumbai police officials later confirmed no explosives were found and the threat turned out to be a hoax. Police have launched an investigation to trace the origin of the email and determine whether the threats to the Delhi and Bombay high courts are linked. Azad maidan police were in the process of registering an FIR, said cops.Security concerns led to all Bombay high court judges rising around 1pm and lawye ...Read More >
New Delhi: Despite taxpayers' complaining of glitches during filing I-T return and demanding an extension of the September 15 deadline, the income tax department on Monday signalled no extension of the deadline. However, the department said that more than 7 crore I-T returns have been filed so far as the filing deadline closes in. As the last date to file for filing of income tax returns (ITRs) without penalty is September 15 for income earned in 2024-25 fiscal, it is, however, widely reported that the I-T return-filing portal faced huge traffic as the deadline for filing returns ends on Mond ...Read More >
Bengaluru: A US-based tech giant, Oracle has laid off around 12,000 employees in India, with another round expected within weeks. The layoffs reportedly are part of a global reduction of nearly 30,000 roles and come as growth in India's IT services industry slows sharply after two decades of expansion. Globally, Oracle, American multinational technology company headquartered in Austin, has reportedly fired around 30,000 employees. According to the employees, Oracle has communicated the layoffs directly via email, informing them that their roles have been eliminated with immediate effect. T ...Read More >