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.
Guwahati, Oct 18: The Centre has taken cognizance of a suggestion made by a Gauhati High Court lawyer on making public details of CSR fund used by companies and planning of schemes by involving the communities. In a letter to the PMO, advocate Nayan Moni Hazarika had sought amendment in the relevant section of Companies Act, 2013, so that "citizens of the country are properly benefitted by the CSR schemes." He said that though a company utilizes substantial amount of money under CSR schemes, their utility for communities are doubtful. "It is also doubtful, if companies are genuinely utilizing the CSR funds for the communities. Prior to utilizing CSR funds, the companies should constitute a committee of local people of that particular area, if need be, with the assistance of the district commissioners for planning and implementing the schemes. The details of the schemes and allocated funds also need to be made public so that people are aware of it," Hazarika suggested. In response, the Ministry of Corporate Affairs wrote back saying that the suggestion will be considered as and when the relevant rules are amended. In fact, in an office memorandum, the Department of Legal Affairs of the Ministry of Law and Justice has also forwarded the representation to the Corporate Affairs Ministry, requesting "appropriate action".
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
New Delhi: The government on Monday failed to introduce a Bill that sought to repeal the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and replace it with a proposed law -- The Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB G RAM G) Bill, 2025 -- after facing stiff opposition. The VB G RAM G Bill was listed in the Lok Sabha in the supplementary list of business issued on Monday. It was to be introduced by rural development minister Shivraj Singh Chouhan. "Why is Mahatma Gandhi's name being removed? Mahatma Gandhi is considered the tallest leader not j ...Read More >
Guwahati, Mar 31 (PTI) Assam Chief Minister Himanta Biswa Sarma on Tuesday said that the Congress "committed a sin" by including the issue of singer Zubeen Garg's death in its manifesto. Zubeen Garg is very dear to all Assamese, and it is unfortunate and sad to use his name for collecting votes, the chief minister said on the sidelines of the BJP manifesto release programme here. He said the matter is in the court, and Congress is unaware that a fast-track court has already been constituted and daily hearings on the case have begun. "The Congress has committed an unpardonable crime by inclu ...Read More >
New Delhi, July 14 (SocialNews.XYZ) The Centre on Monday cleared the appointments of Chief Justices of the High Courts of Madhya Pradesh, Karnataka, Gauhati, Patna, and Jharkhand, following the recommendations made by the Supreme Court Collegium. In a post on X, Union Minister for Law and Justice Arjun Ram Meghwal announced that the President was pleased to appoint Justice Sanjeev Sachdeva as the Chief Justice of the Madhya Pradesh High Court. Justice Sachdeva was functioning as Acting Chief Justice of the Madhya Pradesh High Court after Chief Justice Suresh Kumar Kait retired on May 23. Als ...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 >
Hyderabad (Telangana) [India], June 28 (ANI): Telangana Minister Ponnam Prabhakar, Rajya Sabha MP and OBC Morcha International President K Laxman, along with Bharatiya Janata Party (BJP) leader NV Subhash, paid tribute to the former Prime Minister PV Narasimha Rao on the occasion of his 104th birth anniversary. NV Subash recalled Narasimha Rao's "bold steps" in implementing the economic liberalisation policy. He highlighted how Rao's vision, supported by BJP leaders like LK Advani, Atal Bihari Vajpayee, and Murli Manohar Joshi, shaped the country's economic growth. Also Read | MSME Day Concl ...Read More >
Mumbai: Prada could well partner with Indian artisans if it were to decide to produce and commercialise its Kolhapuri chappal-inspired line of men's sandals, the Italian luxury house said. A spokesperson for Prada Group said it "is already in the process of setting up next steps with the relevant parties and supply chain in the event the sandals were to be commercialised. In fact, the entire collection is currently at an early stage of design development and none of the pieces are confirmed to be produced." Lalit Gandhi, president of the Maharashtra Chamber of Commerce, Industry and Agricultu ...Read More >
Thiruvananthapuram: Union Minister Suresh Gopi stirred controversy on Tuesday by claiming that those elected by "corpses" are now serving the state. Speaking at a neighbourhood meet called "Kalungu" in Idukki district, he alleged that cadavers from 25 years ago had cast votes in Kerala elections. Media reports have previously highlighted incidents of deceased voters being listed as active in Kerala's voter list, he said, while indirectly referring to the accusations of "scientific rigging " against the Left parties. The minister was responding to allegations of voter fraud in Thrissur consti ...Read More >
New Delhi, Oct 6 (PTI) After a lawyer allegedly attempted to hurl a shoe towards Chief Justice of India (CJI) B R Gavai during court proceedings on Monday, Rajya Sabha MP Kapil Sibal called for condemnation of the act by one and all and said the silence of Prime Minister Narendra Modi, Home Minister Amit Shah and Law Minister Arjun Ram Meghwal over the incident is not surprising at all. Sibal, a senior advocate, said the uncivilised behaviour of a member of the Supreme Court Bar must be publicly condemned by one and all since it is an affront to the majesty of the court. "The silence of the ...Read More >
Jaipur: Two workers died while five others are feared trapped after soil caved in during pipeline excavation work in Rajasthan's Bharatpur on Sunday morning, police said. According to officials, some labourers were filling a 10-foot-deep trench dug to lay a pipeline near Jangi ka Nagla village when the soil caved in. Twelve workers got trapped under the soil. Upon hearing the cries, other labourers and project staff started rescue attempts, but the depth and heaviness of the soil made immediate efforts difficult, they said. District administration, police and disaster management teams reach ...Read More >
NEW DELHI: Four people died in Himachal Pradesh as rain continues to wreak havoc in the state, while five were swept away in Rajasthan's Kota at a barrage after a heavy downpour caused the authorities to release water from a reservoir. In Himachal, more than 200 roads are out of bounds for vehicular traffic, a majority of them in Mandi, while a flash flood warning has been issued for 12 districts in Jharkhand. An individual each drowned in Kullu and Kangra districts, one died after being bitten by a snake in Bilaspur, while one was killed after falling from a height, the State Emergency Oper ...Read More >
New Delhi [India], July 14 (ANI): The government on Friday issued orders for elevation of five judges of various High Courts as Chief Justices. According to a Press Communique issued by the Ministry of Law and Justice, the appointments were made by President Droupadi Murmu. Chief Justices of four High Courts have been transferred. Justice Sanjeev Sachdeva, who has been serving as Acting Chief Justice of the Madhya Pradesh High Court, will now assume the role as Chief Justice of the same court. Justice Vibhu Bakhru, a judge of the Delhi High Court, has been appointed as Chief Justice of the ...Read More >
MUMBAI: BJP politicians and the writer of a congratulatory tome titled 'Modi's Mission' outdid one another in heaping fulsome praise on PM Narendra Modi at the book's release at Raj Bhavan on Friday. Maharashtra governor Acharya Devvrat's statement -- that Modi became prime minister of India "out of a divine arrangement" -- was the most lavish but the other attendees were not far behind. The book release was attended by chief minister Devendra Fadnavis, Dy CM Eknath Shinde and Ram Shinde, chairpe ...Read More >
New Delhi [India], July 14 (ANI): The government on Friday issued orders for elevation of five judges of various High Courts as Chief Justices. According to a Press Communique issued by the Ministry of Law and Justice, the appointments were made by President Droupadi Murmu. Chief Justices of four High Courts have been transferred. Justice Sanjeev Sachdeva, who has been serving as Acting Chief Justice of the Madhya Pradesh High Court, will now assume the role as Chief Justice of the same court. Justice Vibhu Bakhru, a judge of the Delhi High Court, has been appointed as Chief Justice of the ...Read More >
New Delhi, Feb 23 (PTI) British architect Edwin Lutyens' statue at the Rashtrapati Bhavan here was on Monday replaced with the bust of Chakravarti Rajagopalachari, the first and only Indian Governor General of independent India, as part of a move aimed at shedding the vestiges of colonial mindset. President Droupadi Murmu unveiled Rajagopalachari's bust at the Grand Open Staircase near Ashok Mandap opposite to the statue of Mahatma Gandhi, during an event attended by Vice President C P Radhakrishnan among others. The initiative is part of a series of steps being taken towards shedding the ve ...Read More >
GUWAHATI, 30 Mar: The first hearing of the fast-track sessions court, set up by the Gauhati High Court for day-to-day trial proceedings in singer Zubeen Garg's death case, was held on Monday, with the counsel for arrested singer Amritprava Mahanta making a submission on her behalf. Justice Sharmila Bhuyan heard Mahanta's lawyer, AK Bhuyan, while the counsels of two other accused, Shyamkanu Mahanta and Siddhartha Sharma, will present their cases on Tuesday. Shyamkanu Mahanta was the chief organiser of the North East India Festival in Singapore, while Sharma was Garg's secretary. Garg died in ...Read More >
New Delhi, Dec 18 (PTI) Priyanka Gandhi Vadra and Manish Tewari are set to be among the Congress representatives in the parliamentary panel that will scrutinise the two bills proposing simultaneous Lok Sabha and state assembly polls, while Kalyan Banerjee of the Trinamool Congress and P Wilson of the DMK are also expected to be its members, sources said. The BJP, which will have maximum representatives in the joint committee of Parliament, remained tight-lipped about its choices amid a buzz that its seasoned MPs Ravi Shankar Prasad and Anurag Thakur are being considered for the job. Among th ...Read More >
New Delhi: Gen-Z protesters in Nepal have demanded the resignation of interim PM Sushila Karki as they are angry about the cabinet expansion. The protesters demonstrated and raised slogans outside the PM's residence on Sunday, September 14, at night. They alleged that the interim government is selecting ministers without taking the opinion of the protesters. It was led by Sudan Gurung. Gurung had announced the Gen-Z movement in Nepal Gurung threatened, "If we take to the streets again, no one will be able to stop us. We will throw you out of the chair where you have been made to sit." He als ...Read More >
Guwahati, Mar 30 (PTI) The first hearing of the fast-track Sessions Court, set up by the Gauhati High Court for day-to-day trial proceedings in singer Zubeen Garg's death case, was held on Monday, with the counsel for arrested singer Amritprava Mahanta making a submission on her behalf. Justice Sharmila Bhuyan heard Mahanta's lawyer, A K Bhuyan, while the counsels of two other accused, Shyamkanu Mahanta and Siddhartha Sharma, will present their cases on Tuesday. Shyamkanu Mahanta was the chief organiser of the North East India Festival in Singapore, while Sharma was Garg's secretary. Garg d ...Read More >
New Delhi, July 14 (MExN): Justice Ashutosh Kumar, the Acting Chief Justice of the Patna High Court, has been appointed as the next Chief Justice (CJ) of the Gauhati High Court. His appointment was among five new CJ appointments cleared for the High Courts of Gauhati, Madhya Pradesh, Jharkhand, Karnataka, and Patna. This was announced in a press communiqué issued by the Union Ministry of Law and Justice on Monday regarding appointments and transfers of High Court Chief Justices. The position of Chief Justice of the Gauhati High Court fell vacant after Justice Vijay Bishnoi was elevated to th ...Read More >
While four of the assurances focused on healthcare, land rights and financial support for women and senior citizens, the commitment on Garg's death stood out. "When our party's government is formed, we promise to find out how Zubeen was murdered and who was involved. We will conduct an inquiry into it and make the results public within 100 days," Kharge said while addressing an election rally in Naoboicha. The announcement comes even as a murder trial in the case is already underway, where seve ...Read More >
New Delhi [India], July 15 (ANI): In a major push to promote healthier lifestyles and combat the rise of obesity and Non-Communicable Diseases like diabetes and heart disease among others, the Union Health Ministry has proposed to prominently display boards indicating the amount of oil and sugar content in popular snacks, such as pizzas and burgers as well as samosas, vada paav, kachori among others, in schools, offices, institutions, Departments/Offices/autonomous bodies and organisations. Also Read | College Student Sexually Assaulted in Bengaluru: 2 Lecturers, Friend Arrested for Raping an ...Read More >
NEW DELHI: Assam chief minister Himanta Biswa Sarma on Tuesday accused the Congress of doing "disgusting politics" by including the issue of singer Zubeen Garg's death in its election manifesto, saying the party had "committed an unpardonable crime" by invoking the late singer's name for votes.Speaking on the sidelines of the BJP manifesto release programme here, Sarma said Zubeen Garg was deeply loved by the people of Assam and it was "unfortunate and sad" to use his name in an election campaign."The Congress has committed an unpardonable crime by including Zubeen's name and his death in its ...Read More >
New Delhi: A hundred days into office, Delhi's new Chief Minister Rekha Gupta is gearing up for a big move -- from her private home in Shalimar Bagh to an official government bungalow in the heart of Civil Lines. But if you're wondering whether she'll be taking over Arvind Kejriwal's infamous Sheesh Mahal, the answer is a clear 'no'. The BJP, during its election campaign, had strongly criticized the Aam Aadmi Party over alleged irregularities in the extravagant renovation of Sheesh Mahal -- the same bungalow Kejriwal once called home. With a vigilance probe still underway, the new CM is steer ...Read More >
Kolkata: The political slugfest following the alleged gang rape of a law student inside a south Kolkata college continued on Saturday as Trinamool took pains to distance itself from the "misogynistic remarks" of its own netas, emphasising the "quick action taken against the accused". The opposition, however, questioned security for women at workplaces and educational institutes and "promised to stay on the roads"."The remarks by MP Kalyan Banerjee and MLA Madan Mitra concerning the heinous crime were made in their personal capacities. The party unequivocally disassociates itself from their sta ...Read More >
Bengaluru: Congress national general secretary Randeep Singh Surjewala Monday kicked off a feedback-cum-review exercise in Karnataka, aimed at evaluating the performance of the govt led by chief minister Siddaramaiah and to quell murmurs of dissent.The move also comes amid speculation of a change at the helm and a cabinet reshuffle, but Surjewala firmly denied any connection to changes at the top."This is purely an organisational exercise," Surjewala said. "Unlike what is being projected -- which is a figment of the media's imagination -- these meetings are not to collect feedback for a change ...Read More >
The Law Ministry announced the appointment of chief justices to five high courts. Justice Sanjeev Sachdeva is now the Chief Justice of Madhya Pradesh High Court. Justice Vibhu Bakhru has been elevated to Chief Justice of the Karnataka High Court. Justice Ashutosh Kumar is now Chief Justice of the Gauhati High Court. Chief justices were appointed to five high courts on Monday, the law ministry said. According to separate law ministry notifications, Justice Sanjeev Sachdeva has been appointed as ...Read More >
Jaipur, Aug 28 (PTI) The Rajasthan High Court on Thursday cancelled the contentious police sub-inspector recruitment exam-2021 owing to paper leak. Justice Sameer Jain in a detailed judgment cancelled the exam 2021 which was the bone of contention for both BJP and Congress governments in the state. "Illegality and fraud on the system was so conspicuous. It is strange that the state government did not take action any decision on the subject. The court's decision hopefully will act as a deterrent for the gangs playing with the future of youths," said senior advocate Major R P Singh who represe ...Read More >
NEW DELHI: EC on Thursday revised the rules relating to counting of postal ballots, making it mandatory for all postal ballot papers to be counted before the penultimate round of EVM/VVPATs counting is taken up.The new practice will be first implemented in Bihar where assembly polls are due in Nov.This restores the arrangement prior to May 2019, when EC had changed the guidelines to allow EVM counting to proceed regardless of postal ballot counting stage. The 2019 change did not rule out chances of EVM counting being completed before postal ballot counting. INDIA bloc had, during the 2024 elec ...Read More >
New Delhi, Mar 31 (PTI) Senior bureaucrat Vir Vikram Yadav has been appointed as the chief of Directorate General of Civil Aviation (DGCA) as part of a senior-level bureaucratic reshuffle effected by the Centre on Tuesday. Yadav, a 1996 batch Indian Administrative Service (IAS) officer of the Odisha cadre, succeeds incumbent Faiz Ahmed Kidwai, who has now been appointed as Additional Secretary, Department of Personnel and Training (DoPT). Yadav is an Additional Secretary, Ministry of Environment, Forest and Climate Change. Kidwai, a 1996 batch IAS officer of the Madhya Pradesh cadre, was ap ...Read More >