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.
BENGALURU: Ahead of Deepavali, people looking to spend the extended weekend out of the city are being charged exorbitant fares by private bus operators. With tickets on several routes already sold out, many commuters are being forced to pay at least 60 per cent inflated prices. According to the Karnataka State Private Bus Owners Association, fares have risen by 60-80% this festive season. For instance, an AC sleeper ticket from Bengaluru to Hyderabad, which typically costs Rs 1,200, is now priced between Rs 1,800 and Rs 2,000. The Bengaluru-Chennai route, usually Rs 800-Rs 900, has surged to Rs 1,400-Rs 1,500. Within the state, a Bengaluru-Belagavi ticket that normally costs Rs 1,100 is now around Rs 1,700. However, a TNIE reality check found that a non-AC sleeper from Bengaluru to Mysuru was itself priced at about Rs 1,000, with private operators stressing that AC sleepers were "too expensive." For Bengaluru-Mangaluru, non-AC sleeper fares were Rs 1,300, while AC sleepers were quoted at around Rs 2,500. Speaking to TNIE about the festive fare hike, S Nataraj Sharma, President of the Karnataka State Private Bus Owners Association, said the Shakti scheme has severely impacted private operators. "We've sought a road tax reduction since 2020, but nothing has been done," he said.
Gwalior (Madhya Pradesh): The police have identified one of the suspects involved in the ₹5 lakh robbery from PHE contractor Vinay Anand in Gwalior. The suspect, Manish Yadav, a resident of Katihar, Bihar, was captured in CCTV footage and traced to Agra, Uttar Pradesh. Watch the CCTV clip below :- Authorities are now working with local police in Agra to locate and apprehend him. The Crime Branch has been conducting raids in Bihar to locate the gang members. As, it has also been revealed that the same gang was involved in a similar robbery in Dewas, Madhya Pradesh. The incident According ...Read More >
Bengaluru, Feb 4 (SocialNews.XYZ) In a major Regional Transport Office operation, 30 luxury cars, including Ferrari and Porsche, were seized for alleged tax evasion in Bengaluru. The seizure of luxury cars is done for non-payment of taxes by the owners, an RTO official said on Monday. The seized vehicles were registered in different states but illegally driven in Karnataka. This operation is expected to recover around Rs 3 crore in taxes. Luxury cars, including Maserati, Ferrari, Porsche, Range Rover, and BMW have been seized, the sources said. These top-end cars were registered in states ...Read More >
Hyderabad: Bollywood fans are super excited, and the wait for Ramayana just keeps getting harder! Directed by Dangal fame Nitesh Tiwari, this upcoming film is turning into one of the biggest projects in Indian cinema. The movie promises to bring back the great Indian epic Ramayana with modern visuals, strong emotions, and a huge cast. One of the biggest reasons for the excitement is Ranbir Kapoor playing Lord Ram. Known for serious and emotional roles, Ranbir is now taking on one of the most important characters in Indian mythology. Fans are already in love with this casting and can't wait to ...Read More >
Kolkata, Jun 28 (PTI) Union Minister Ashwini Vaishnaw on Saturday said the Centre is committed to investing in the railway sector in West Bengal and has significantly increased allocations as part of its broader push to boost connectivity, cargo movement and support micro and small enterprises in the state. Speaking at the inauguration of the Udyami Sammelan Mela 2025 at the National Library in Kolkata, Vaishnaw said the railway budget for Bengal has seen a sharp rise from around Rs 3,000 crore under the previous regime to around Rs 14,000 crore now. The minister outlined upcoming projects, ...Read More >
Shimla (Himachal Pradesh) [India], July 2 (ANI): At least 51 people have lost their lives and 22 others are missing in Himachal Pradesh as torrential rains, flash floods, and landslides continue to wreak havoc across the state during the ongoing monsoon season, according to the latest official data. The State Emergency Operation Centre (SEOC), under the Department of Revenue, Government of Himachal Pradesh, released a cumulative damage assessment report on July 2, covering the period from June 20 to July 1. The report reveals significant damage to human lives, private properties, livestock, a ...Read More >
Gandhinagar (Gujarat) [India], July 4 (ANI): Chief Minister Bhupendra Patel urged newly elected sarpanchs and gram panchayat members to ensure visible cleanliness in villages. He announced that under PM Narendra Modi's vision of "Swachhta Tya Prabhuta (Cleanliness is next to Godliness)," a mass movement for cleanliness has been launched across villages, towns, and cities. Also Read | PM Narendra Modi Conferred With 'The Order of the Republic of Trinidad & Tobago' During Ceremonial Event at President's House in Port of Spain (See Pics and Videos). In this context, the Chief Minister made a s ...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 >
Bhubaneswar: The Odisha Assembly on Tuesday witnessed a noisy scene as Opposition BJD and Congress members held protests inside the House over alleged non-payment of salaries to around 60,000 women supporting staffers under the 'Mission Shakti' scheme. Leader of Opposition Naveen Patnaik accused the BJP government of "conspiring to stop" salaries of the 'Mission Shakti' staff. As soon as the Question Hour began, the BJD and Congress members trooped to the well of the House and demanded immediate release of salaries of around 60,000 women supporting staff working under the 'Mission Shakti' sch ...Read More >
New Delhi, Jun 28 (PTI) Panasonic is exiting from the refrigerator and washing machine segments in India, as part of global restructuring of business by the Japanese appliances and consumer electronics major. Both the refrigerator and washing machine segments were a loss-making businesses for Panasonic in India, where it was struggling to make a space in the market. Also Read | Bodoland Lottery Result Today, June 28, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. According to GFK numbers, Panasonic has a very low market share i ...Read More >
New Delhi (India) June 30 (ANI): In a move aimed at streamlining fare structures and enhancing the financial sustainability of passenger services, the Ministry of Railways has rationalised the basic fare of Passenger train services, effective from 01 July 2025. The revised fares are based on the updated Passenger Fare Table issued by the Indian Railway Conference Association (IRCA), the railways said in a release. As per the release, no change in Suburban single journey fares and Season Tickets (for both suburban and non-suburban routes). The fare hike varies across different classes and tra ...Read More >
Pune: Pashan resident Kushagra Agarwal rushed to the jewellers last week as soon as gold prices reduced slightly, to Rs 95,784 per 10g, as he had to buy gold for his son's wedding. With a Rs 3,000 to Rs 4,000 per 10 g reduction in the price of gold, jewellers expect many other residents in the city to walk into stores in the coming days. The gold industry has been struggling to find buyers over the last six months as prices have been consistently rising. The price of gold, which was hovering around the Rs 1 lakh mark last month for 10g, is now trading at Rs 96,800/10g grams, excluding GST. Aga ...Read More >
New Delhi, June 2: The Hero Vida VX2 electric scooter has been launched in India at a starting price of INR 59,490 (ex-showroom) for Go Variant with BaaS. The Hero VX2 Plus variant starts at INR 64,990 with BaaS. Vida VX2 is the most affordable e-scooter launched by Hero MotoCorp in its Vida series. However, the Indian two-wheeler company only offers the Hero Vida VX2 e-scooter at the INR 59k price, i.e., without including the battery. Interested customers can opt for a battery subscription module. As a part of Hero MotorCorp's BaaS (battery-as-a-service), customers must subscribe to battery ...Read More >
Bengaluru: A Ferrari owner in Karnataka's capital, Bengaluru, had to pay a hefty road tax and penalty of Rs 1.42 crore for driving a Maharashtra-registered super luxury car on Bengaluru roads for an extended period. The Ferrari SF90 Stradale was being used without paying the applicable Karnataka road tax. Bengaluru RTO officials had been tracking the car for several months. Finally, it was caught on Thursday morning, and the owner was forced to pay a massive amount in taxes and fines. According to media reports, RTO officials in Karnataka recovered Rs 1.42 crore in road tax and penalties from ...Read More >
Srinagar, Jun 06: Political leaders in Jammu and Kashmir have extended greetings to the people on the auspicious occasion of Eid-ul-Adha. They expressed hope that the revered occasion brings peace and prosperity to the region. Dr Farooq Abdullah National Conference (NC) president, Dr Farooq Abdullah conveyed his heartfelt greetings to the people on Eid-ul-Adha, wishing them peace, prosperity and unity. In his message, Dr Abdullah reflected on the profound significance of the day, saying, "As the Muslim Ummah comes together in celebration of Eid-ul-Azha, I extend my warmest greetings to ever ...Read More >
Mumbai, Jun 8 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Sunday said Congress MP Rahul Gandhi, instead of introspecting on the defeat in the 2024 state assembly polls, has been repudiating the mandate given by the people because they rejected him. The leader of opposition in the Lok Sabha is preparing his excuses for future defeats in the upcoming assembly elections, including Bihar, Fadnavis said in his articles published in the Indian Express and Marathi daily Loksatta. On Saturday, Gandhi, in an article published in several newspapers and in posts on X, claimed the 2024 Maharas ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Bhopal (Madhya Pradesh) [India], June 30 (ANI): Madhya Pradesh Chief Minister Mohan Yadav has renewed his appeal for water conservation as Jal Ganga Samvardhan Abhiyan, which has been running for three months across the state, will conclude on Monday. The closing ceremony of the campaign will be held in Khandwa district today and Yadav will inaugurate and lay the foundation stone of water conservation works worth over Rs 1,518 crore in the programme. Before leaving for Khandwa, the Chief Minister said that the campaign was held due to inspiration of Prime Minister Narendra Modi, who has init ...Read More >
Gadwal: In a significant step towards uplifting the underprivileged and fulfilling the promises of the Telangana State Government, local MLA Bandla Krishna Mohan Reddy presided over the distribution of Indiramma Housing Scheme proceedings to eligible beneficiaries of Gadwal Mandal. The event was held today at the MLA Camp Office in Gadwal district headquarters. The Telangana government, under the leadership of Chief Minister Revanth Reddy, has been actively implementing welfare schemes across all sections of society. Special emphasis has been placed on women's empowerment, free electricity, g ...Read More >
New Delhi, Jun 8 (PTI) Aam Aadmi Party's Rajya Sabha MP Sanjay Singh and Delhi unit chief Saurabh Bharadwaj on Sunday visited the demolition site of the Madrasi Camp slum cluster, where they met with displaced residents, and intensified their attack on the BJP over the recent eviction drive. They alleged that Prime Minister Modi's promise to slum dwellers of 'jahan jhuggi wahan makan' - house at the site of their hutment - has "proved to be hollow like many others". There was no immediate response available from the BJP or the Delhi government over the accusations. The Madrasi Camp -- a jhu ...Read More >
Kathua (Jammu and Kashmir) [India], June 8 (ANI): Jammu and Kashmir Lieutenant Governor Manoj Sinha inaugurated the Kathua Waterfront, a transformative urban rejuvenation project, on Sunday, dedicating it to the people of Kathua as a space for recreation, wellness, and community engagement. The 1,200-metre stretch along the Kathua Canal is designed to reshape the city's landscape, economy, and social fabric while promoting sustainability and women's empowerment. LG Sinha emphasised that the project aligns with Prime Minister Narendra Modi's vision for urban transformation, calling it a 'foun ...Read More >
New Delhi [India], July 1 (ANI): The Delhi Police on Tuesday seized two end-of-life vehicles (ELVs), a 15-year-old petrol bike and a 10-year-old diesel bike, from a petrol pump in the city, as part of its ongoing enforcement of scrappage rules for outdated vehicles. Traffic officials confirmed that both motorcycles were found operating in violation of the National Green Tribunal (NGT) guidelines, which prohibit the use of petrol vehicles older than 15 years and diesel vehicles older than 10 years in the national capital. While speaking to ANI, Ashok Kumar, Traffic Inspector, said, 'Two motor ...Read More >
Bengaluru, July 1: Japanese two-wheeler manufacturer Yamaha Motor Co. marked its 70th Foundation Day on Monday, commemorating seven decades of innovation and engineering in the global mobility sector. In India, the company is celebrating the occasion by offering special benefits on its RayZR scooter lineup. India Yamaha Motor has announced a price benefit of ₹7,000 on the ex-showroom price of its RayZR 125 Fi Hybrid and RayZR 125 Fi Hybrid Street Rally models. According to the company, the total savings for customers -- factoring in road tax and other charges -- can go up to ₹10,000. In addi ...Read More >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
Bhubaneswar, Dec 3 (PTI) A delegation of the Opposition BJD on Tuesday met Union Minister for Jal Shakti C R Patil and apprised him of the potential submergence of large areas in Odisha's Malkangiri district, due to construction of a multi-purpose project in neighbouring Andhra Pradesh. The delegation, led by senior leader Debi Prasad Mishra, also submitted a memorandum with the Ministry of Jal Shakti. The regional party in its memorandum mentioned that the Polavaram project is likely to impact the lives and livelihoods of thousands of tribal people, especially those from vulnerable and prim ...Read More >
Mumbai: The Brihanmumbai Municipal Corporation (BMC), considered the richest civic body in the country, tabled its budget of Rs 74,427 crore for 2025-26 at its headquarters in Mumbai on Tuesday. The additional municipal commissioners presented the budget to BMC commissioner Bhushan Gagrani, the state-appointed administrator. BMC is currently run by an administrator since the term of the corporators ended on March 7, 2022. This is the third year of the budget being presented to the administrator, in deviation from the norm where the municipal commissioner presents the budget to the standing co ...Read More >
Bengaluru : INOXGFL Group, one of the leading business Groups in India in the energy transition space, announced today that Inox Clean Energy Limited's renewable independent power producer (RE IPP) arm, Inox Neo Energies Private Limited, has completed the acquisition of Skypower Solar India Private Limited, which has a portfolio comprising 50 MW (AC) / 57.5 MW (DC) of solar power assets located in Madhya Pradesh. The transaction values the asset at an enterprise value of ~Rs 265 crores, translating into a trailing EV/EBITDA multiple of ~ 5.3x. The 50 MW (AC) / 57.5 MW (DC) solar project, comm ...Read More >
Mumbai: The wait is finally over! On July 3rd, 2025, the makers of the much-anticipated Ramayana: The Introduction unveiled the first glimpse of the film's grand universe. With a global launch, fans were introduced to Ranbir Kapoor as Lord Ram, Sai Pallavi as Sita, and Yash in the powerful avatar of Ravana. But apart from the visuals, what's also making headlines is the jaw-dropping remuneration of the film's lead actors. Ranbir Kapoor, who leads the film as Lord Ram, is reportedly the highest-paid actor in the cast. As per reports, the actor is charging a staggering Rs 75 crore for each par ...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 >
Jal Shakti Minister C R Patil announced that most central teams have submitted reports assessing the Jal Jeevan Mission's implementation across states, with the remainder expected by June 30. These inspections, initiated after a review, aim to ensure accountability and address issues like drying water sources, directing states to create new sources for uninterrupted supply.Jal Shakti Minister C R Patil on Wednesday said that nearly 89 of the 119 central teams deputed to assess the implementation ...Read More >
New Delhi : Good news for Biharis living outside the state -- celebrating festivals with family back home will now be easier. In a major move aimed at easing travel during festive seasons, the Bihar government has announced the launch of 299 AC and non-AC special buses. These buses will operate from key states, including Delhi, to various destinations across Bihar. A Heartfelt Desire to Celebrate with Loved Ones During major festivals like Holi, Diwali, and Chhath Puja, people from Bihar living across India yearn to return to their ancestral homes. However, due to limited availability of tra ...Read More >