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.
NEW DELHI: The National Highways Authority of India (NHAI) has started putting details of land acquisition status and statutory clearances for each highway project -- tenders of which are out or will be floated -- online. This is aimed at bringing greater transparency, and reducing disputes and arbitrations after projects are bid out.The exercise began on Wednesday and the dynamic status of conditions to be fulfilled before every project will now be updated regularly, allowing bidders to have a clear understanding of project readiness before placing bids, a senior NHAI official said. "This will also put pressure on us, as an authority, to fulfil our obligations, which are crucial for project execution. It will also ensure a level playing field for contractors," the official added.TOI has learnt that the authority has made data such as land acquisition details, environmental approvals, and forest, wildlife, railway and waterway clearances -- mandatory for project execution -- available for each project.In the last Parliament session, the road transport ministry had informed Rajya Sabha that 489 NH projects, originally slated for completion by March 2025, were running behind schedule due to delays in land acquisition, forest and wildlife clearances, and railway approvals."Such delays result in time and cost overrun, and disputes. The only way to avoid disputes and arbitrations is to ensure that authorities meet all the conditions precedent for start of construction. Once this is done, default on the part of contractors can be dealt with easily as there will be no scope for counter charges," said a senior official.In another decision, the NHAI announced deployment of network survey vehicles (NSVs) in 23 states, covering 20,933 km of NHs, to gather detailed road inventory and pavement condition data, such as surface cracking, potholes and patches, so that corrective maintenance can be carried out expeditiously.A 3D laser-based NSV system is capable of capturing and reporting road defects automatically without human intervention with the help of high-resolution 360-degree cameras, differential GPS, inertial measurement units, and distance-measuring indicators.
Ranchi: City is gearing up for the inauguration of the 4.18 km, four-lane Ratu Road flyover on Thursday by Union road transport and highways minister Nitin Gadkari. The minister will also address a gathering at the OTC ground in Piska More on the same day.Earlier, the flyover was scheduled for inauguration on June 19.As a final touch-up to the construction continued on Tuesday, city residents expressed satisfaction over the timely completion of the project. Once it is opened to the public, the flyover will ensure hassle-free movement along the Kutchery-Ratu Road stretch, providing respite to t ...Read More >
New Delhi, Jul 15 (PTI) Domestic electronic contract manufacturing firm Dixon on Tuesday said it has collaborated with Chinese company Chongqing Yuhai Precision Manufacturing Co Ltd for manufacturing and supply of precision components used in electronic products like laptop, mobile phones etc. Dixon Technologies has announced its participation in Rs 22,919 crore incentive-based Electronics Components Manufacturing Scheme. Also Read | 'Urdu at the House Of Lords': Javed Akhtar Gives Session on Urdu at British Parliament, Shabana Azmi Shares Picture. Dixon Technologies (India) Ltd and Chongqi ...Read More >
New Delhi [India], December 12 (ANI): Amid ruckus in the House, Rajya Sabha was adjourned on Thursday till 11 am on December 13. Earlier in the day, the House was adjourned till 2 pm. However, after it reconvened in the afternoon, the House continued to witness the uproar as the Opposition members demanded discussions on various notices they had submitted. The House had to be adjourned within half an hour. Amid the ruckus, Former Prime Minister and JD(S) leader HD Deve Gowda slammed the Opposition for bringing an impeachment motion against the House Chairman Jagdeep Dhankhar. "For the first ...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 >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
Shimla: Saying that this week's heavy rainfall and multiple cloudbursts have left 69 dead and 37 missing in Himachal Pradesh, Chief Minister Sukhvinder Sukhu on Friday stated the extensive damage to houses and fields was in the Seraj and Dharampur areas of Mandi district. The government has decided to provide Rs 5,000 per month as rent to affected families whose houses have been damaged and are living in rented accommodation. He said the SDMs concerned have been directed to provide food supplies to the affected people. The Chief Minister told the media here that these key decisions were take ...Read More >
India readies a sea change for domestic shipping as well as global shipping through key bills The centre will move the Merchant Shipping Bill, 2024 and Coastal Shipping Bill, 2024 for consideration and passing during the winter session of parliament. These key legislations are aimed at holistic growth of Coastal Shipping and reducing the compliance burden for ships under the Indian flag. "The Merchant Shipping Bill deals with implementation of India's obligations under various International Conventions and technical aspects maritime and shipping sector's regulations. Coastal Shipping Bill wi ...Read More >
Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. Also Read | World Environment Day 2025: Italian Deputy PM Antonio Tajani Lauds PM Narendra Modi's 'Ek Ped Maa Ke Naam' Initiative (See Pics and Video). "Large-s ...Read More >
Chandigarh (Punjab) [India], June 7 (ANI): Vice-President Jagdeep Dhankhar said that the 'government of the day is handicapped' as it can't register a first information report and said that the three-decades-old judicial order provides a 'virtually impregnable cover'. The Vice-President of India, Jagdeep Dhankhar, today said, 'The Government of the day is handicapped. It can't register an FIR. Because there is a judicial order. And that judicial order is more than three decades old. It provides virtually impregnable cover. Unless permission is accorded by a functionary at the highest level in ...Read More >
Himachal Pradesh News: An NHAI engineer posted in Shimla has alleged that he and another officer were assaulted by Himachal Pradesh rural development and panchayati raj minister Anirudh Singh during a site inspection on Monday. Both the officers have been admitted to Indira Gandhi Medical College & Hospital (IGMC) in Shimla. The Central Engineering Services Officers' Association has urged Union road transport minister Nitin Gadkari "to take up this matter with the highest authorities in the country" to ensure that justice is delivered. The NHAI Engineers' Association has also demanded "immedia ...Read More >
New Delhi, Jul 2 (PTI) The Delhi High Court on Wednesday asked the Drug Controller General of India to consult experts and relevant stakeholders in deciding a plea over drug combinations sold in the market for weight loss treatment. A bench of Chief Justice D K Upadhyaya and Justice Tushar Rao Gedela asked the petitioner to give a representation to the DGCI, which was asked to decide the matter within three months. Also Read | 'Janaki' Title Row: Malayalam Film Industry Holds Protest in Front of CBFC Office Against Renaming of Suresh Gopi Film. A plea filed by Jitendra Chouksey said license ...Read More >
Bilaspur (Himachal Pradesh) [India], July 5 (ANI): The BJP national president and Union Minister JP Nadda on Saturday came down heavily on the Himachal Pradesh government, calling the current state of administration 'an all-time low,' while terming the recent incident involving Shimla (Rural) MLA Anirudh Singh and NHAI officials as 'unfortunate'. 'When the protector himself becomes the predator, how will the administration function. I am worried and hurt the way things are happening in Himachal Pradesh,' said the BJP national chief while addressing the Media in Bilaspur on Saturday. Addressi ...Read More >
Union Minister of Parliamentary Affairs Kiren Rijiju will hold a meeting with the floor leaders of political parties in both the Houses of Parliament, ahead of the Monsoon Session of Parliament scheduled to begin on Monday. The meeting will be held in Main Committee Room, Parliament House Annexe. The meeting will be followed by a media briefing. The meeting will commence at 11:00 AM, as per an official communication. The Government had earlier announced the schedule for the Monsoon Session of ...Read More >
Kanpur: A freight train rammed into a stationary goods train in Uttar Pradesh's Fatehpur district on Tuesday, February 4, leaving a loco pilot injured and causing the derailment of the guard coach and engine. The incident took place around 6 am in the dedicated freight corridor near Pambhirpur, Khaga in Fatehpur district. The loco pilot, who sustained injuries, had allegedly fallen asleep at the wheel, Prem Kumar Gautam, IG, Prayagraj range, said. Rescue operations are underway to clear the corridor, the IG added. A total of 29 train accidents took place in the current financial year up to ...Read More >
New Delhi, Jun 5 (PTI) Chief Justice of India B R Gavai on Thursday said India has continuously aspired to become a hub of international arbitration by building a progressive legislative framework, a pro-enforcement judiciary and robust institutional support. In his keynote address on "Arbitrating Indo-UK Commercial Disputes" as part of the London International Disputes Week, the CJI said India and the United Kingdom shared a rich history, bound by a common legal heritage rooted in the principles of common law. He referred to the July 2018 memorandum of understanding signed between India and ...Read More >
The tunnel will connect Shiv Murti-Mahipalpur near Dwarka Expressway to Nelson Mandela Road in Vasant Kunj. A new 5-km-long tunnel aimed at easing traffic congestion across South Delhi and major routes into the NCR was announced by Chief Minister Rekha Gupta on Sunday. The tunnel will connect Shiv Murti-Mahipalpur near Dwarka Expressway to Nelson Mandela Road in Vasant Kunj. The Rs 3,500-crore project will be executed by the National Highways Authority of India (NHAI), and is part of six major ...Read More >
NEW DELHI/SHIMLA: Shimla police registered an FIR against rural development and Himachal Pradesh minister Anirudh Singh Rana late Monday night for allegedly assaulting two NHAI engineers officials who were visiting the site of a collapsed five-storey building.The FIR was registered on the basis of NHAI manager Achal Jindal's complaint at Dhali police station under five sections of BNS dealing with assaulting a public servant, voluntarily causing hurt, intentional insult with intent to provoke breach of peace, wrongful restraint and common intention. Jindal in his complaint, which TOI reported ...Read More >
NEW DELHI: Signalling the government's intent to move ahead with the impeachment motion of Allahabad High Court judge Justice Yashwant Varma, Union Minister Kiren Rijiju on Thursday said that main opposition parties have given their in-principle approval to support the motion in the upcoming monsoon session scheduled for July21-August 21. Rijiju said that the government is yet to decide whether the motion would be brought in the Lok Sabha or the Rajya Sabha. For the Lok Sabha, signatures of a minimum 100 MPs is required. The requirement is the support of at least 50 MPs in the Rajya Sabha. H ...Read More >
Shimla: Himachal Pradesh chief minister Sukhvinder Singh Sukhu on Tuesday inspected vulnerable sections of the under-construction 27-km Shoghi-Dhalli four-lane highway near Shimla, following rising public concern over the environmental and safety impacts of ongoing hill-cutting work.Sukhu visited Bhattakufar, Sanjauli, Dhalli, Lindidhar, and nearby areas, where local residents voiced fears about property damage and life-threatening risks caused by aggressive excavation work undertaken by the National Highways Authority of India (NHAI). Many blamed the hill-cutting for increasing landslide vuln ...Read More >
Guwahati, Jul 15 (PTI) Congress president Mallikarjun Kharge and Leader of Opposition in Lok Sabha Rahul Gandhi will visit Assam on Wednesday during which they will interact with party functionaries of the state. State Congress chief Gaurav Gogoi said the district, block and mandal presidents of the party will be able to present their views before its top leadership during Kharge and Gandhi's visit. Also Read | Did Lucknow Court Judge Take Selfie With Rahul Gandhi During Hearing of Indian Army 'Defamation' Case? BJP's Amit Malviya Found Fake in Fact Check. "I look forward to welcoming Shri ...Read More >
New Delhi, Dec 12 (PTI) The Union Cabinet on Thursday approved bills to implement 'One Nation, One Election', and the draft legislations are likely to be introduced in Parliament in the ongoing Winter session, sources said. The decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi. The government is keen on holding wider consultations on bills which are likely to be referred to a parliamentary committee. Sources said the government was also keen to consult the Speakers of various state legislative assemblies through the committee. Moving ahead with it ...Read More >
Chandigarh (Punjab) [India], June 6 (ANI): Vice President Jagdeep Dhankhar on Friday expressed concern over the recent cash controversy involving former Delhi High Court judge Justice Yashwant Varma. A substantial amount of unaccounted cash was discovered at Justice Varma's residence after a fire broke out in mid-March. The incident has sparked widespread debate and scrutiny. He questioned the absence of an investigation into the issue and why no FIR was registered for the same. The Vice President said, 'A painful incident happened in mid-March in Delhi at the residence of a sitting judge. ...Read More >
Resignation is the only option before Justice Yashwant Varma to avoid impeachment by Parliament as the government pushes for bringing a motion to remove the Allahabad high court judge over alleged corruption. IMAGE: Justice Yashwant Varma. Photograph: ANI Photo/span> Officials aware of the procedure to appoint and remove Supreme Court and high court judges pointed out that while defending his case before lawmakers in any of the House, Justice Varma can announce that he is quitting and his verba ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >
Gurgaon: Barely a month old, the Dwarka Expressway tunnel has made travel to and from NH-8 a seamless ride.Still, the tunnel - 3.6km of the main section and spurs to IGI Airport and Gurgaon - is a digital dead zone for thousands of daily commuters. There's no signal. No calls. And No GPS, seconds after one drives into the tunnel. "It's a smooth ride, but the moment you enter, your phone goes dead. Many of us attend office calls during our commute or make calls home. But there is just no mobile signal. In this day and age, a new tunnel without mobile connectivity feels like a basic oversight," ...Read More >
Hyderabad (Telangana) [India], July 4 (ANI): Congress chief Mallikarjun Kharge on Friday came down heavily on the Rashtriya Swayamsewak Sangh (RSS) over its pitch to reconsider the words 'secular and socialist' from the Preamble of the Indian Constitution while saying that it was 'all talk'. He dared and challenged RSS General Secretary Dattatreya Hosabale and top leaders of the ruling Bharatiya Janata Party (BJP) in the centre to remove the words 'secular and socialist' from the Preamble. 'Days before, I heard that some RSS person said that we should remove Secular and Socialist words from ...Read More >
Karnataka: With a steady increase in the tiger population at the Male Mahadeshwara Hills (MM Hills) Wildlife Sanctuary, Karnataka's Forest, Ecology and Environment Minister Eshwar B Khandre has directed officials to begin the process of declaring the region a tiger reserve. He emphasized the need to first collect public opinion from the local communities before proceeding with formal proposals. Chairing a high-level meeting with senior forest officials, including the Principal Chief Conservator of Forests and Chief Wildlife Warden, at Vikasa Soudha today, Minister Khandre instructed the depar ...Read More >
Baramulla, Jul 5: Hundreds of mourners from Delina and its neighbouring villages Saturday participated in the Muharram procession, the 9th day of the month of Muharram-Ul-Haram at Delina area of north Kashmir's Baramulla district. The procession was one of the series of processions being held in the month of Muharram, the first month of Islamic calendar. Dressed in black and carrying flags bearing religious inscriptions, participants from the villages of Hygam, Bulgam, Bohripora, Syedpora, Uri, Boniyar and other villages marched from new Imambargah through the National Highway NH-1 to the ma ...Read More >
The minister, while speaking to the media on the sidelines of an event to launch department of youth affairs' initiatives against drug addiction, also reiterated the government's position that Pakistani athletes will not be stopped from coming to India for multi-lateral sporting engagements. Sports Minister Mansukh Mandaviya on Monday said the long-awaited National Sports Governance Bill will be tabled in Parliament during the monsoon session beginning July 21. The minister, while speaking to t ...Read More >
Mumbai, July 15: Veteran actress Shabana Azmi shared a picture from the British Parliament and shared that the veteran screenwriter and lyricist husband Javed Akhtar had a session on Urdu at the House of Lords. Shabana took to Instagram, where she shared a picture featuring the couple posing in front of the British Parliament. She captioned the post: "At the British parliament where #Javed Akhtar had a session on #Urdu at the #House Of Lords." The veteran actress on July 11 had shared a sweet father-son moment between Javed Akhtar and Farhan Akhtar enjoying ice cream. Taking to Instagram, she ...Read More >