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.
Indian Railways has also brought a colour change to its air-conditioned coaches, and instead of plain white blankets, this change has brought by using Sanganeri print covers. The move aims to enhance comfort to the passengers, increase hygiene, showcase the rich cultural heritage of India and modernise the travelling experience. The origins of Sanganeri prints are in Sanganer, near Jaipur, in Rajasthan, and they are renowned for their floral designs and hand-blocked designs. It is an ancient art
Driven by a young and tech-savvy population, India is rapidly embracing IoT-based connected devices, with adoption rates soaring by an estimated 30%. Samsung India highlights this surge, noting India's strong position globally in smart system adoption, contributing significantly to innovations like the 'AI Home' concept through its extensive R&D presence in the country. India is experiencing a rapid uptake of IoT-based connected devices with adoption levels rising at an estimated 30 per cent for ...Read More >
BHOPAL/JABALPUR: Straight out of a Hollywood-style survival script, an inter-state thief hid underwater fornearly five hours using a lotus stem to breathe before being finally nabbed by the Railway Protection Force (RPF) with the help of divers. One of themost wanted criminals on Indian Railways' radar, investigators suspect his role in more than 500 train theft cases over the last decade.RPF officials identified him as Harvinder Singh (32), a resident of Bijnor in Uttar Pradesh, after matching his photograph with an old Mumbai Mirror report dated August 7, 2018, and verifying details through ...Read More >
New Delhi [India], April 9 (ANI): The consumer durable industry is navigating a challenging period where top-line growth is likely to be offset by thinning margins and regulatory shifts. Q4FY26 is expected to be a soft quarter for the sector, due to modest demand and rising input costs, noted a report by Centrum. The report estimated that the sector will see a 9 per cent year-on-year sales growth, reaching Rs 480 billion for the quarter. "For Q4FY26, we expect our coverage universe to see 9% YoY sales growth at Rs 480 bn while EBITDA margin is likely to fall 130 bps YoY to 9.5%, leading to 6% ...Read More >
New Delhi, Jun 29 (PTI) The Railway Ministry has enhanced the limit on passengers' waiting list from 25 per cent to 60 per cent for all AC classes and 30 per cent for non-AC classes by a fresh order issued on Saturday. The order to cap the waiting list of passengers of all classes at 25 per cent was originally issued on April 17 to all zones as well as the Centre for Railway Information System (CRIS). Also Read | Bengaluru Horror: Woman's Body Found Stuffed in Sack, Dumped in Garbage Truck Near Channammanakere Skating Ground; Murder, Possible Sexual Assault Under Investigation. The CRIS ame ...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 >
Leading player in the renewable energy sector, Servotech Renewable Power Systems Ltd on Monday said it has received an order from South Eastern Railway's Ranchi Division for setting up a 2.58 megawatt (MW) solar rooftop project. In a regulatory filing, the company said the scope of work includes design, manufacturing, supply, installation, testing and commissioning of on-grid rooftop solar photovoltaic (PV) systems of various capacities across multiple railway sites in the Ranchi Division. "The ...Read More >
Tirupati: A large consignment of mobile phones in the luggage compartment of the Vemuri Kaveri Travels bus may have significantly intensified the inferno and accelerated the loss of lives, it has emerged.A consignment of 234 new smartphones was being transported in the bus going to Bengaluru from Hyderabad. Preliminary investigation revealed that a Hyderabad-based businessman, identified as Manganath, was transporting the consignment of mobile phones, worth approximately Rs 46 lakh, Kurnool polic ...Read More >
The train set, rolled out on March 31, 2026, makes the Kapurthala-based factory the second major facility after Chennai's coach factory to produce Vande Bharat trains In a significant boost to India's rapidly expanding semi-high-speed rail network, Indian Railways has rolled out its first 16-coach Vande Bharat chair car train from the Rail Coach Factory (RCF) in Kapurthala, Punjab. The development marks a major shift in production geography, with North India entering a space that was until now d ...Read More >
New Delhi, The loco pilots union has written to Lok Sabha Speaker Om Birla, urging him to refer their dispute with the rail administration over rest hours to the lower house's Petition Committee, and warned of a nationwide strike if the issue is not resolved. The All India Loco Running Staff Association and the rail administration have locked horns over clubbing weekly rest hours with daily rest hours. However, the Railway Ministry said that, of late, it has created several amenities for loco p ...Read More >
A bus fire near Thaiyat village in Jaisalmer claimed 20 lives. Authorities have released helpline numbers for the public to assist in identifying victims and supporting affected families. DNA identification efforts are underway, with an expert team en route to Jodhpur. A day after 20 passengers were killed after a bus travelling from Jaisalmer to Jodhpur caught fire on Tuesday, authorities in the District Administration of Jodhpur and Jaisalmer have issued their respective helpline numbers for t ...Read More >
Mumbai: Fire Breaks Out In 7th Floor Flat Of Andheri West High-Rise, No Injuries Reported | File Pic (Representative Image) A fire broke out in a residential building in Diva in the early hours of Wednesday, causing concern among residents before being swiftly brought under control. Officials confirmed that no injuries or casualties were reported in the incident. According to the Disaster Management Cell of the Thane Municipal Corporation, the alert was received at around 1:54 am from the Diva ...Read More >
Faridabad AC Blast: In Haryana's Faridabad, a man, his wife, and daughter were killed in a severe blast caused by the air conditioner. The family was sleeping on the second floor of the building. The neighbours in the locality heard the loud noise of the blast. The incident happened around 1:30 am on Monday. While the three individuals of the family passed away due to the rising suffocation, the son managed to jump out of the window. However, he's admitted to the hospital and is in critical condition at the moment. The family was sleeping on the second floor of the four-storey building. The ...Read More >
Mumbai, Aug 19 (PTI) More than 500 passengers were rescued on Tuesday evening after two overcrowded Monorail trains on elevated tracks got stuck between stations in Mumbai on a day of torrential rains, with over a dozen passengers complaining of suffocation, officials said. The rescue operation was over after almost four hours, they said, adding that overcrowding and power supply failure led to the snags. One of the Monorail trains was stuck between Mysore Colony and Bhakti Park, and cranes had to be deployed to rescue more than 400 passengers traveling in it. Over a hundred were evacuated f ...Read More >
A Russian‑Indian joint venture has showcased the first design of a new high‑speed sleeper coach at the International Railway Equipment Exhibition in New Delhi. Kinet is a joint venture between Russian rolling stock companies and Indian government-owned Rail Vikas Nigam Limited (RVNL) for the manufacturing and maintenance of 120 Indian 'Vande Bharat' high-speed trains. The venture is expected to unveil the first prototype in June 2026, with manufacturing set to begin by the end of December, ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >
The percentage of non-AC coaches on Indian Railways is as high as 70 per cent. Image: ANI Indian Railways has significantly enhanced the travel facilities for the benefit of economically weaker passengers with the number of seats available for non-AC passengers increasing to 54 lakh, which constitutes 78 per cent of the total, while AC seats comprise the remaining 22 per cent, the Parliament was informed on Wednesday. Due to the higher availability of general coaches, the number of passengers t ...Read More >
Chennai: Chennai's first batch of electric buses hit the roads on Monday, with 120 non-AC low-floor buses flagged off by chief minister M K Stalin from the newly upgraded Vyasarpadi depot.While these buses feature modern amenities like a kneeling mechanism for easier boarding by senior citizens, women, children, and persons with disabilities, they lack air-conditioning -- a feature now standard in cities like Delhi and Mumbai. The kneeling function lowers the floor by another 250 mm, making the bus accessible for all. The buses, built by OHM Global Mobility (a subsidiary of Ashok Leyland) at 2 ...Read More >
A visually animated video showing three high-speed trains seamlessly crossing paths at a railway junction has gone viral across social media platforms. The video, often shared with patriotic captions, has been widely mistaken for real footage showcasing India's railway capabilites, with some users attributing it to Railway Minister Ashwini Vaishnaw's leadership. However, the clip is entirely computer-generated. The animation depicts an elaborate X-shaped junction where three trains pass each ot ...Read More >
Katra: Prime Minister Narendra Modi on Friday flagged off a Vande Bharat train service between Katra and Srinagar in Jammu and Kashmir, the first train connection between the Kashmir valley and the Jammu region. Modi inaugurated the train in the presence of Railway Minister Ashwini Vaishnaw, Jammu and Kashmir LG Manoj Sinha, and Chief Minister Omar Abdullah, among others. Earlier, the PM inaugurated the Chenab Railway Bridge, the world's tallest rail bridge, and Anji Khad Bridge, the country's first cable-stayed railway bridge The Srinagar-Katra journey, which currently takes nearly six hour ...Read More >
BENGALURU, India (AP) -- India's government is seeking to limit temperature settings on new air conditioners to save electricity in the country that is considered the fastest-growing market for them. The power minister proposed a rule in June requiring air conditioners sold in the country to have thermostats that can be set no lower than 20 Celsius (68 Fahrenheit). Officials hope the small change will create massive energy savings in the country of more than 1.4 billion people. About 10 million to 15 million air conditioners are sold annually as incomes and urbanization increase along with t ...Read More >
Kolkata: Ahead of World Ozone Day on Sept 16, a first-of-its-kind national survey by International Forum for Environment, Sustainability and Technology (iFOREST) revealed striking city-wise patterns in India's booming residential air conditioning (RAC) sector. The survey places Kolkata at a unique crossroads of energy efficiency and climate risk.The survey covered 3,100 households in seven cities -- Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Pune, and Jaipur -- using stratified random sampling a ...Read More >
New Delhi: Netizens have reacted positively to the move by Indian Railways to introduce printed blanket covers to go with bedrolls distributed to passengers on AC coaches. Railway minister Ashwini Vaishnaw inaugurated the pilot phase of the project at Jaipur's Khatipura railway station on Thursday. He launched printed blanket covers having traditional Sanganeri designs. These covers were introduced for AC-class passengers of the Jaipur-Asarwa Express. The move is aimed at promoting the Vocal for Local mission. Among the most hilarious reactions was one by X user Sid who posted: "At least th ...Read More >
Mumbai: LG Electronics India Ltd, the wholly owned subsidiary of LG Electronics Inc., is preparing to tap the public markets even as it sharpens its focus on meeting domestic demand, building India as a global export hub, and expanding its portfolio of premium products. LG Electronics Inc. will raise ₹11,607 crore by selling 101.8 million shares through an offer for sale (OFS). The initial public offering (IPO), scheduled for 7-9 October, will see the South Korean parent firm sell about 15% of its stake in its Indian arm. Since no new equity will be issued, the subsidiary will not receive any ...Read More >
Hyderabad: A massive fire broke out at an air conditioning unit on the second floor of a G+4 building located at Vengalrao Nagar, Tuesday night. Fire tenders from Sanathnagar, Annapurna Studios, and Jubilee Hills fire stations were rushed to the scene. No one was injured. Thick smoke from the false ceiling, floor mats and other material made the job of fire fighters difficult. Azmeera Sreedas, DFO-2, Hyderabad, said the fire was brought under control by 10.10 pm. Madhuranagar police rushed to the scene along with Clues teams to commence investigations. The fire broke at 7.50 pm at the office ...Read More >
Bengaluru, Jun 30 (PTI) In a crackdown against autorickshaws overcharging and plying illegally, Karnataka transport department authorities on Monday registered 260 cases and seized 98 vehicles. The action came days after state Transport Minister Ramalinga Reddy directed the transport commissioner to take strict action against app-based and other autorickshaws in Bengaluru that charge fares above the government-fixed rates, calling the practice a "daylight robbery". In a letter dated June 28, the minister said the permits of such autorickshaws should be cancelled and cases registered against ...Read More >
Hyderabad, Sept 26 (Maxim News): Good news for passengers traveling between Telangana and Maharashtra. Because the Railways has decided to introduce two new Vande Bharat trains on this route (2 Vande Bharat Trains Hyderabad). With this, train travel in these areas will become easier. One train will run from Hyderabad to Pune and the other from Secunderabad to Nanded. These new trains will reduce the travel time by two to three hours. These two new trains will further improve the ease of travel between Telangana and Maharashtra. Here To Join Us On WhatsApp The Railways is considering replacin ...Read More >
Jaipur: In a move set to enhance passenger experience, Union Railway minister Ashwini Vaishnaw Thursday unveiled a pilot project introducing Sanganeri-printed covers for train blankets. The initiative, launched at Jaipur's Khatipura railway station, will initially be applied to the AC coaches of the Jaipur-Asrava Superfast Express (12981), as part of a broader effort to improve railway services, with over Rs 100 crore allocated for the development of 65 small and medium-sized stations under the N ...Read More >
New Delhi, Apr 2 (PTI) LG Electronics India on Thursday said it has sold over a million air conditioners in the first quarter of 2026 and claimed to be a "decisive leader" in the category. However, Tata group firm Voltas disputed its claim to be a leader in the segment, and said it still leads the residential air condition market, which is expected to be around 12-14 million units per year. When contacted, Voltas declined to comment on the market development as it was under a silent period due to the coming quarter's results. "That said, Voltas continues to maintain its leadership position ...Read More >
New Delhi, Jun 29 (PTI) The Railway Ministry has enhanced the limit on passengers' waiting list from 25 per cent to 60 per cent for all AC classes and 30 per cent for non-AC classes by a fresh order issued on Saturday. The order to cap the waiting list of passengers of all classes at 25 per cent was originally issued on April 17 to all zones as well as the Centre for Railway Information System (CRIS). The CRIS amended the reservation system and implemented it from June 16. "Just 12 days after implementing the order to cap all waiting list at 25 per cent of the total seats/berths of travelli ...Read More >
New Delhi, June 30 (SocialNews.XYZ) The Ministry of Railways on Monday announced a new fare structure for passenger train services, which will come into effect from July 1. One of the key highlights of the revised structure is that there will be no increase in fares for ordinary non-AC class passengers travelling up to 500 kilometres. The fare rationalisation aims to streamline the existing fare system and improve the financial health of passenger services. The updated fare chart has been issued by the Indian Railway Conference Association (IRCA) and will be applicable across various catego ...Read More >