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.
Aurangabad (Maharashtra) [India], October 26 (ANI): The South Central Railway has approved the change of name of Aurangabad Railway Station of Nanded Division over South Central Railway to Chhatrapati Sambhajinagar, said A.Sridhar, Chief Public Relations Officer, South Central Railway, in a statement on Saturday. According to the statement, the railway code and station code will now be CPSN. Meanwhile, Western Railway General Manager Vivek Kumar Gupta on Friday said that passenger movement has significantly increased owing to the ongoing festive season, with additional trains being operated to manage the surge ahead of Diwali earlier and now Chhath Puja. "Around 12,000 extra trains will be run by Indian Railways. I am reviewing all the holding areas prepared for the passengers. We are running trains on demand. Around 2,000 extra trains are planned to run on the Western railways," Gupta told ANI. Gupta also reviewed the arrangements and preparedness at railway stations across Gujarat to ensure smooth travel for passengers during the festive rush. Earlier, anticipating a surge during the Chhath Puja festivities, Indian Railways made elaborate arrangements to ensure a safe and comfortable journey for passengers. Indian Railways ensured that every passenger on their rail journey during the festive season was well served. Besides regular trains, 4,493 special train trips were made in the last 21 Days, averaging 213 trips daily, helping passengers reach home safely for Diwali festivities. According to the press release, for the upcoming Chhath Puja and ongoing Diwali season this year, Indian Railways is running a robust special train schedule to manage the festive travel rush. Over 61 days, from October 1 to November 30, more than 12,000 special trains were operated across the country. Chhath Puja is widely celebrated across Bihar, Jharkhand, and Uttar Pradesh in particular.
October 2025 is packed with major festivals like Dussehra, Diwali, Chath Puja and Durga Puja In this festive season, several states will observe many bank holidays during the month. In October 2025, there will be a national holiday when banks across all states will remain closed. Due to various local festivals, several bank branches will also remain closed in different states. While online banking services will remain available, the Reserve Bank of India (RBI) has listed specific days in October ...Read More >
Union Railways Minister Ashwini Vaishnaw has said indigenously made 150 Vandebharat trains are slated for export with the first train set already flagged off by Prime Minister Narendra Modi. More railway rolling stock, including metro coaches, are getting export orders and the upcoming ₹521.26 crore mega Kazipet Railway Manufacturing Unit is going to play a key role once it is commissioned in 2026, he told the media at the factory site on Saturday (July 19, 2025). What will be manufactured the ...Read More >
Bihar Elections 2025: The current Assembly's term in Bihar ends on November 22, so a new Assembly must be elected and sworn in before that date. Bihar Assembly Elections 2025: As the political blame-game unfolds in Bihar, there is a rising debate and curiosity around when the Election Commission of India (ECI) will announce the poll dates. The ECI has reportedly ordered Chief Secretary of Bihar and the Chief Electoral Officer to finish all transfers and postings of government officers who have remained in the same location for over 3 years. A report on the action taken over this order has be ...Read More >
HYDERABAD: After four days of relentless downpours, Telangana is expected to have a brief respite on Monday, with no rainfall alerts issued. However, the India Meteorological Department (IMD) placed the state under a yellow alert for thunderstorms. IMD data showed that Papannapet in Medak district received the heaviest 24-hour rainfall at 10.6 cm, followed by Manoor in Sangareddy with 9.28 cm and Nallabelly in Warangal at 9.15 cm. The statewide average rainfall for the day stood at 7.3 mm, notably higher than the normal 4.3 mm. Warangal's Sangem recorded the day's highest maximum temperature ...Read More >
New Delhi, Oct 19: Union Minister for Railways, Information and Broadcasting, and Electronics and Information Technology, Ashwini Vaishnaw, today conducted a surprise inspection of Anand Vihar Railway Station to ensure passenger safety and convenience during the festive season. Minister Ashwini Vaishnaw inspected the holding area at the station and interacted directly with passengers, seeking feedback on the cleanliness of the railway premises and the facilities being provided. Speaking to the media, Vaishnaw stated that the Railways has made extensive arrangements to ensure that passengers ...Read More >
The Union Cabinet has increased the budgetary outlay for the Pradhan Mantri Kisan Sampada Yojana (PMKSY) by ₹1,920 crore, bringing the total to ₹6,520 crore, aiming to boost the food processing sector. These enhanced funds will support the establishment of 50 multi-product food irradiation units and 100 food testing labs. The Union Cabinet on Thursday raised budgetary outlay for the flagship scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY) by Rs 1,920 crore to Rs 6,520 crore to boost the f ...Read More >
Mumbai: To accommodate the heavy festive rush during Puja, Diwali, and Chhath festivals, the Central Railway announced a series of special trains between Mumbai's Chhatrapati Shivaji Maharaj Terminus (CSMT) and Danapur. The move aims to ensure smoother travel for thousands of passengers heading to their hometowns in North India during the festive season. According to an official release from the Mumbai Division of Central Railway, Train No. 01047 CSMT-Danapur Special will operate on October 18, 22, 26 and 30, 2025. The special train is designed to manage the surge of passengers travelling hom ...Read More >
Patna (Bihar) [India], July 4 (ANI): Jan Suraaj founder Prashant Kishor on Friday has raised objections to the timing of the Special Intensive Revision (SIR) of electoral rolls in Bihar, stating that it could result in the exclusion of a large number of voters who return to the state only during the festive season. Speaking to ANI, Kishor said, 'We are against this, we have expressed concern, and we have also called a meeting of our executive to discuss this issue because there is a very large section in Bihar that comes from outside during Diwali, Chhath, and for them, coming before Diwali, ...Read More >
New Delhi: The Vande Bharat Express has been running across the country for quite some time, but now the government is considering another major gift. The Vande Bharat Sleeper Express train is set to launch soon. The first Vande Bharat Sleeper train will run between Delhi and Patna. This will make the journey from Patna to Delhi much easier. Travel will be time-saving and convenient. Indian Railways may launch this train before Diwali, or Dhanteras, which will reduce the journey from Delhi to Patna. Fares are likely to be slightly higher than other express trains. The ticket schedule has not ...Read More >
The Reserve Bank of India (RBI) has released a comprehensive holiday calendar, urging citizens to plan their banking activities accordingly to avoid inconvenience. Major festivals such as Durga Puja, Dussehra, Diwali, Chhath Puja, Lakshmi Puja, Bhai Dooj, and Gandhi Jayanti contribute to the extended closures. In addition to these, the second and fourth Saturdays and Sundays further reduce working days for banks. 🏦 Key Dates to Note: * October 1: Dussehra, Ayudha Puja, Durga Puja (West Be ...Read More >
Bengaluru: Congress President Mallikarjun Kharge was admitted to MS Ramaiah Hospital in Bengaluru after developing a fever late Tuesday night, sparking concern among party workers and political leaders across the country. Doctors at the hospital are closely monitoring his condition and have assured that there is no immediate cause for alarm. Kharge, 83, was reportedly brought to the renowned medical facility after he complained of persistent fever. A medical team quickly initiated a series of diagnostic tests to determine the cause. While his condition is said to be stable, doctors have kept ...Read More >
The Indian Railways has directed passengers to avoid carrying flamable items on trains this Diwali (Photo for representational purposes only) ShowQuick Read Summary is AI-generated, newsroom-reviewed * Passengers must not carry potentially dangerous items on trains this Diwali * Indian Railways has set up permanent holding areas at major stations to manage crowds * Passengers should report suspicious items or behaviour to railway staff or security forces immediately Did our AI summary help ...Read More >
Hyderabad: Sanjay Kumar Srivastava, a distinguished officer from the 1988 batch of the Indian Railway Engineering Service (IRSE), has officially assumed charge as the General Manager of South Central Railway (SCR). Prior to this new role, Srivastava served as the General Manager of the Central Organisation for Railway Electrification (CORE), where he was pivotal in driving technological advancements and policy reforms in civil engineering. His leadership contributed significantly to the development of railway infrastructure, the execution of metro projects, and the adoption of advanced rail ...Read More >
New Delhi [India], September 29 (ANI): Delhi Chief Minister Rekha Gupta on Monday said that the national capital will witness a grand Chhath Puja this year and arrangements will be done at banks on both sides of the Yamuna river. She said focus will be given on cleanliness of the ghats. "To ensure that the Chhath Puja festival is historic, this year, we will make a detailed plan and preparations for it. Arrangements for the Chhath puja will be done at banks on both sides of the river. Focus will be laid on cleanliness at the ghats. Delhi will witness a grand Chhath Puja this year." Prime Mi ...Read More >
Air India and Air India Express on Tuesday announced the addition of 166 flights to and from Patna to meet the surge in demand for travellers around the festive season of Diwali and Chhath Puja. According to a press release by Air India, the Tata-owned carrier will operate 114 additional flights between Patna and different cities. In addition to that, the company's subsidiary Air India Express will operate 52 additional flights connecting the capital of Bihar to Delhi and Bengaluru. The additio ...Read More >
The move comes nearly three years after the then government headed by Eknath Shinde formally rechristened Aurangabad city as Chhatrapati Sambhajinagar. The city, previously named after Mughal emperor Aurangzeb, received this name as a tribute to Maratha ruler Chhatrapati Shivaji Maharaj's son. The original name change was initiated by the erstwhile Uddhav Thackeray-led MVA government. The BJP-led Mahayuti government on October 15 issued a gazette notification to change the name of Aurangabad ra ...Read More >
Aam Aadmi Party (AAP) national convenor Arvind Kejriwal on Saturday accused the BJP government in Delhi of pushing the capital city into chaos, and undoing a decade of progress achieved under AAP's rule. Reacting to Kejriwal's remarks, Delhi BJP president Virendra Sachdeva accused the AAP leader of ''trying to save his political existence through lies and confusion''. Speaking at a Diwali Milan event at the party headquarters, Kejriwal claimed the city that once had world-class schools, improve ...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 >
Jammu, Jul 18 (PTI) Senior officials of the Jammu and Kashmir government reviewed the arrangements for the smooth conduct of the 13-day-long Budha Amarnath pilgrimage in Poonch district that will begin on July 28. Deputy Inspector General of Police Tejinder Singh reviewed security in Poonch and stressed ensuring the safety of the devotees. "The first batch will depart from the Bhagwati Nagar basecamp in Jammu on July 28, moving towards the Mandi tehsil in Poonch in a regulated convoy amid full security arrangements," a spokesperson said. Jammu Divisional Commissioner Ramesh Kumar and Inspec ...Read More >
Patna: The railways' announcement on Wednesday about operating 12,000 special trains to handle the surge in passenger traffic during the upcoming Diwali and Chhath festivals has drawn criticism from the passengers' association in Bihar. Bihar Daily Passengers' Association (BDPA) has expressed doubts about the feasibility of running such a large number of additional trains, citing the limitations of the existing railway infrastructure in the state.Shoaib Quraishi, general secretary of BDPA, questioned how the railways -- already operating around 13,198 passenger trains daily across the country, ...Read More >
Mumbai, September 27: Banks will be closed for more than 15 days in October 2025 as the 10th month of the 25th year of the 21st century is packed with major festivals such as Dussehra, Diwali, Chath Puja and Durga Puja. During October, several states will observe bank holidays due to regional festivals in addition to national holidays. According to the Reserve Bank of India (RBI), banks across the country will stay shut for a total of 15 days in October. The October bank holiday of 15 days excludes all Sunday holidays when banks remain closed for business. As per the RBI list, banks will stay ...Read More >
Bengaluru, 29 September 2025: Axis Bank, one of the largest private sector banks in India, in collaboration with Freecharge, has unveiled Credit on UPI with Gold Loans - India's first gold-backed credit line accessible through the Unified Payments Interface (UPI). This innovative product is designed to unlock the economic potential of gold assets, especially for micro, small and medium enterprises (MSMEs), self-employed entrepreneurs and merchants across both urban and rural India. Credit on UPI with Gold Loans enables customers to access instant credit against their gold holdings. The produc ...Read More >
There has been considerable confusion over whether the Diwali bank holiday falls on Monday or Tuesday this year. To clarify, banks in certain states observed the holiday on Monday, while in others, bank branches will remain closed today, Tuesday, October 21, 2025. Income Tax Guide Income Tax Slabs FY 2025-26Income Tax Calculator 2025New Income Tax Bill 2025 Bank holiday on October 21, 2025A bank holiday will be observed in Maharashtra, Madhya Pradesh, Odisha, Sikkim, Manipur, Chhattisgarh, Jam ...Read More >
Schools across several Indian states have announced extended holidays for Diwali, with closures beginning as early as October 13 in Rajasthan. Uttar Pradesh and Bihar are also observing Diwali breaks, with Bihar's holidays extending to include preparations for Chhath Puja. Meanwhile, schools in Karnataka are closed until October 18 for a state-wide caste survey. Many states have announced school holidays starting Monday, October 13 ahead of Diwali. Along with traditional Diwali vacations, some a ...Read More >
Mumbai, Oct 18 (SocialNews.XYZ) The Maharashtra government has issued a gazette notification to rename the Aurangabad railway station to Chhatrapati Sambhajinagar station. The government's move comes two years after the name of Aurangabad city was renamed to Chhatrapati Sambhajinagar. The government's move coincided with the ongoing preparations by ruling MahaYuti and opposition Maha Vikas Aghadi for the local and divic body elections. The BJP-led MahaYuti government issued a gazette notification on October 15 to rename the Aurangabad railway station to Chhatrapati Sambhajinagar station. The ...Read More >
Passengers at Patna Junction Patna: With Chhath drawing near, the railways is preparing for an additional rush of an estimated 15 to 20 lakh passengers heading to Bihar from Oct 25. Most of these passengers are migrant workers and families returning to their native places to celebrate the festival and cast their votes in the assembly polls scheduled for Nov 6 and 11 across the state.However, the combined rush of Diwali and Chhath has overwhelmed the railway network. Regular trains from major cities such as New Delhi, Mumbai, Bengaluru, Chennai, Ahmedabad, Amritsar, Secunderabad and Pune are al ...Read More >
Kacheguda to Bhagat Ki Kothi Express: Indian Railways (IR) is set to launch a direct train between Kacheguda and Bhagat Ki Kothi. Indian Railways, Kacheguda to Bhagat Ki Kothi Express: Indian Railways (IR) is set to launch a direct train between Kacheguda and Bhagat Ki Kothi. Railway Minister Ashwini Vaishnaw will flag off the train on July 19 (Saturday). The Kacheguda to Bhagat Ki Kothi Express train will be maintained and operated by the South Central Railway (SCR) zone. Kacheguda to Bhagat Ki Kothi Express: Route, Distance, Travel Time The Kacheguda to Bhagat Ki Kothi Express train will ...Read More >
Patna, Oct 6 (PTI) RJD leader Tejashwi Yadav on Monday said Bihar will vote for change in the upcoming assembly polls and "every Bihari will be the CM". Soon after the Election Commission announced the poll schedule, Yadav took to X to strike an emotional chord with voters. "Bihar will vote for a change in the coming assembly polls. After 20 years, a grand festival will arrive that will dispel all sorrows and troubles. On that day, every Bihari will join Tejashwi in celebrating victory, because on that day, every Bihari will become Bihar's CM -- that is, CHANGE MAKER". Assembly elections in ...Read More >
Delhi Police have launched a city-wide special patrolling and vehicle checking drive to enhance security during the festive season. Police Commissioner Satish Golcha reviewed operations, with officers of all ranks participating in field operations across various districts. The campaign aims to check suspicious movements and instill a sense of safety among residents. Delhi Police have launched a city-wide special patrolling and vehicle checking drive to enhance security during the festive season. ...Read More >
New Delhi: Many people plan to handle their banking work over the weekend, only to find their bank doors closed. This confusion often occurs because banks in India do not operate on all Saturdays. Apart from national and regional holidays, the Reserve Bank of India (RBI) has specific rules under which banks remain shut on certain Saturdays each month. Banks in Guwahati, Assam will remain closed today due to Kati Bihu. Although Dhanteras also falls on this day, it isn't a declared nationwide bank holiday. Overall, October 2025 includes 21 official bank holidays, covering major festivals such a ...Read More >