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.
Chandigarh: The Special Task Force (STF) of the Haryana police has arrested notorious gangster Lakhwinder Singh alias Lakha, a close associate of Lawrence Bishnoi, after his deportation from the United States in an operation coordinated by Central Bureau of Investigation (CBI). Police said that Lakha, a resident of village Titram, district Kaithal, Haryana, and a notorious member of Lawrence Bishnoi gang, had been operating from the USA since 2022 under the directions of Anmol Bishnoi and was actively involved in around a dozen cases of extortion and firing incidents related to extortion in Haryana and Punjab. According to police, he faced multiple cases in 2023 for extortion and threats in Sonepat, Rohtak, Kaithal, Ambala and Yamunanagar cities of Haryana. Stating that a Look Out Circular (LOC) and Red Corner Notice (RCN) were issued against him in 2023 and 2024, respectively, by STF Haryana and after about a year of coordination and legal follow-up with national and international agencies including CBI and Interpol, his legal deportation from the USA was executed. He was produced in a court at Haryana's Ambala and taken into custody.
The National Investigation Agency (NIA) has filed charges in court against Canada-based gangster-terrorist Satwinder Singh alias Goldy Brar and four others for orchestrating grenade attacks on two Gurugram clubs in December, the agency announced on Saturday. The December 10, 2024 attacks targeted Warehouse Club and Human Club in Sector 29, with investigators linking the violence to a broader conspiracy by the banned Babbar Khalsa International (BKI) to spread communal disharmony across Haryana. The chargesheet names Sachin Taliyan, Ankit, Bhawish and US-based Randeep Singh alongside Brar. All ...Read More >
Hyderabad (Telangana) [India], July 5 (ANI): Telangana BJP president N Ramchander Rao on Saturday accused the Congress of misleading the country with its claim that the BJP-led government at the Centre wants to change the Constitution. He added that AICC has now become the 'All India Cheating Congress'. "The words 'secular' and 'socialist' were not there in the Constitution. It was added after the 42nd Amendment. The Amendment was brought during the Emergency. Emergency was a black day in the democratic history of our country. So, the original Constitution did not have the words 'secular' and ...Read More >
New Delhi [India], October 17 (ANI): The Supreme Court on Friday took suo motu cognisance of incidents of digital arrest scams, where fraudsters impersonate law enforcement agencies or judicial authorities to extort money from citizens, particularly senior citizens, and sought a response from the Centre and the CBI. A bench of Justices Surya Kant and Joymalya Bagchi observed that the fabrication of judicial orders bearing forged signatures of the judges strikes at the very foundation of the public trust in the judicial system, besides the rule of law. Also Read | Raigad Shocker: Woman Gets H ...Read More >
New Delhi: The Supreme Court on Friday sought responses from the Centre and CBI in a suo motu case initiated over digital arrest scams, where cybercriminals impersonating law enforcement officials extort money from people. A bench of justices Surya Kant and Joymalya Bagchi, while sending notice to the Centre and CBI, said it was aghast that the fraudsters behind such scams often use forged court orders to trick people into parting with their money. The bench sought assistance of the attorney general in the case. The top court took judicial notice of the issue following a complaint sent to it ...Read More >
NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >
New Delhi: The CBI has succeeded in facilitating the return of 134 fugitives from abroad in the last five years -- nearly twice the number of repatriated persons over an entire decade between 2010 and 2019, officials said. Coordinating closely with Interpol as well as state and central enforcement agencies, the CBI was able to secure the extradition or deportation of these 134 fugitives since 2020. Of these, 23 were brought back this year alone. In contrast, only 74 fugitives were brought back during the decade between 2010 and 2019. The uptick in the success rate can easily be attributed to ...Read More >
NEW DELHI: The National Organ and Tissue Transplant Organisation (NOTTO) has suggested prioritising women in allocation of deceased donor organs.In a letter to the states/UTs, the apex authority for regulating organ donations and transplants in the country, has said a provision should be made to mark additional points for women recipients of donor organs, to address gender disparity. Studies have shown that while women make up a large percentage of donors, they receive fewer organs than men. "Women are equally vulnerable when it comes to end-stage organ failure due to illness, and it is import ...Read More >
Guwahati: Assam chief minister Himanta Biswa Sarma on Saturday said that this is singer Zubeen Garg's Assam, and we cannot let it turn into another Nepal. Following the mysterious death of an iconic singer last week in Singapore Assam is mourning and the state is restive. Social media is full of posts seeking justice for Garg. Recently Nepal witnessed generation z protests. Allegations have been levelled against Shyamkanu Mahanta, Siddharth Sharma and Shekhar Goswami with multiple FIRs filed aga ...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: Central Bureau of Investigation (CBI) dismantled a sophisticated tech support scam syndicate operating from Noida, targeting citizens of the United Kingdom and Australia. As part of its ongoing Operation Chakra-V, CBI conducted coordinated searches at three locations in Noida, including a fully functional fraudulent call centre in the Noida Special Economic Zone, on July 7.Acting on credible intelligence, CBI registered a case to investigate the syndicate, which posed as technical support staff of reputed multinational companies, including Microsoft. The fraudsters were cheating for ...Read More >
NEW DELHI: An alleged synthetic narcotics producer facing an Interpol Red Notice was deported to India from the UAE on Friday, in an operation coordinated by the CBI through Interpol and Mumbai police, officials said. Kubbawala Mustafa, the wanted drugs manufacturer, was brought from the UAE to Chhatrapati Shivaji Maharaj International Airport in Mumbai, escorted by a four-member team of state police. "The International Police Cooperation Unit (IPCU) of CBI in collaboration with NCB-Abu Dhabi successfully brought back wanted Red Notice subject Kubbawala Mustafa to India on Friday," a CBI spo ...Read More >
New Delhi [India], August 1 (ANI): The Enforcement Directorate (ED) has issued a Look Out Circular (LOC) against industrialist Anil Ambani in connection with an ongoing investigation into an alleged Rs 17,000-crore loan fraud case, sources said. LOC is issued to prevent a person from leaving the country while the probe is underway. The ED has not released an official statement on the matter yet. ED move comes after the agency summoned Anil Ambani for questioning in the case and directed him to appear before investigators at the ED headquarters in New Delhi on August 5. The probe pertains to ...Read More >
India's Central Bureau of Investigation (CBI) has dismantled a transnational cybercrime ring accused of defrauding US nationals of more than $40 million, in a joint effort with the U.S. Federal Bureau of Investigation. The crackdown, part of Operation Chakra-IV, targeted illegal call centers and residential locations in the northern part of the country. Authorities seized Rs. 54 lakh (approximately US$ 62,000) in cash, dozens of electronic devices and incriminating records. Three key suspects are in custody with investigations continuing to identify additional accomplices and trace the stolen ...Read More >
NEW DELHI: The Supreme Court on Friday took serious note of the digital arrest of a senior citizen couple in Haryana's Ambala on the basis of forged orders of the court and probe agencies by fraudsters to extort Rs 1.05 crore. A bench of Justices Surya Kant and Joymalya Bagchi flagged the rising number of digital arrest cases across the country and sought the response of the Centre, CBI in a case registered as suo motu after the 73-year-old woman wrote to Chief Justice of India B R Gavai. The bench said forging apex court, high court orders, signatures of judges to digitally arrest innocent ...Read More >
JALANDHAR: Investigating the eight Indian-origin suspects arrested in San Joaquin County, California, on July 11, county authorities and FBI said the international Punjabi street gang kidnapped a local man, stripped him naked, and tortured him for hours as part of a brutal extortion racket that stretches from California'to murder plots in India.The authorities have urged Indian-Americas to report such extortion threats.Addressing a joint press conference, they revealed the gang leader, Pavittar Singh, was also wanted in India for multiple murders and firearms offences, including a killing in B ...Read More >
New Delhi: A day after facing criticism from the Delhi High Court, Delhi govt on Wednesday informed the court that it has suspended nine Tihar Jail officials for allegedly running an extortion racket in collusion with inmates.The govt assured a bench of chief justice D K Upadhyaya and justice Tushar Rao Gedela that strict disciplinary action was initiated against the officials, who were placed under suspension and transferred as per rules.It also sought an additional two months to file its action ...Read More >
New Delhi: The Supreme Court on Friday sought responses from the Centre and CBI in a suo motu case initiated over digital arrest scams, where cybercriminals impersonating law enforcement officials extort money from people. A bench of justices Surya Kant and Joymalya Bagchi, while sending notice to the Centre and CBI, said it was aghast that the fraudsters behind such scams often use forged court orders to trick people into parting with their money. The bench sought assistance of the attorney gen ...Read More >
New Delhi [India], October 27 (ANI): The Supreme Court on Monday issued notices to all states and Union Territories regarding incidents of digital arrest scams across the country. A bench of Justices Surya Kant and Joymalya Bagchi asked all the states to furnish details of cyber arrest cases pending for investigation and posted the matter for hearing on November 3. It also contemplated handing over the investigation to the Central Bureau of Investigation (CBI) and inquired whether the CBI has the resources to handle all such cases across the country. Solicitor General Tushar Mehta, appearin ...Read More >
Navi Mumbai: An 18-year-old college student was arrested in Assam for sending a death threat message to city rapper Mohammad Bilal Shaikh, also known as Emiway Bantai, and demanding Rs 1 crore in extortion. The student, Arnav Ramen Kumar Haloi, claimed to be Goldy Brar, an aide of gangster Lawrence Bishnoi and the alleged mastermind of the 2022 murder of Punjabi singer Sidhu Moose Wala. The threat message was sent on May 25, coinciding with the release of an online teaser for a music video in tribute to Moose Wala.ACP Mayur Bhujbal said that Haloi, a first-year B.Com student from Sonitpur dist ...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 >
New Delhi, Jul 5 (PTI) US authorities have arrested fugitive diamantaire Nirav Modi's younger brother, Nehal Modi, following extradition requests from the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI), officials said on Saturday. Nehal Modi, who is the subject of a Red Notice issued by the Interpol, was taken into custody on Friday, US officials told Indian authorities. The next hearing in the matter is scheduled for July 17, during which Nehal Modi may seek bail -- a move expected to be contested by US prosecutors, the officials said. The arrest stems from a jo ...Read More >
New Delhi, Jul 5 (PTI) Fugitive diamantaire Nirav Modi's younger Brother, Nehal Modi, walked out of a US prison on Thursday after serving a nearly-three-year sentence in a cheating case and was taken into custody the very next day by authorities there on the request of Indian agencies, officials said. The Interpol had issued a Red Notice against Nehal Modi on the request of the Central Bureau of Investigation (CBI) in 2021 and an extradition request was also sent in 2022, but it could not be executed as he was incarcerated in a US prison after being sentenced in a cheating case, the officials ...Read More >
New Delhi: In a significant breakthrough, the Central Bureau of Investigation (CBI) has facilitated the deportation of Kubbawala Mustafa from the United Arab Emirates (UAE) to India, with support from Interpol and the Narcotics Control Bureau (NCB) in Abu Dhabi. Taking to X on Friday, July 11, the CBI confirmed the operation in an official statement. Mustafa, wanted in connection with a 2024 synthetic drug case registered at Kurla Police Station in Mumbai, was brought to India on Thursday, July 10. A four-member team from Mumbai Police travelled to Dubai on Monday, July 7, to carry out the d ...Read More >
A caller claiming to be from the CBI allegedly threatened the BESCOM employee that an arrest warrant had been issued against him and demanded money. A 48-year-old Bengaluru Electricity Supply Company (BESCOM) employee died by suicide Tuesday after allegedly losing Rs 11 lakh to a digital arrest scam on the outskirts of Bengaluru. Kumara K, a resident of HSR Layout in Bengaluru and a native of Kelagere village in Ramanagara district, was married and had an eight-year-old son. He was found dead a ...Read More >
Chandigarh: The FIR in the alleged suicide of Rohtak ASI Sandeep Kumar mentions grave charges levelled by his wife, Santosh, on IAS officer Amneet P Kumar, her brother Amit Rattan, a Punjab AAP MLA, and two others, saying "unbearable pressure" from them drove the police officer to shoot himself."This tragic incident reflects the ongoing struggle between corruption and honesty within the police system," says Santosh in the complaint that forms the basis of the FIR.Amneet is the wife of IPS officer Y Puran Kumar, who allegedly died by suicide on Oct 7, less than 24 hours after an FIR of extortio ...Read More >
New Delhi [India], November 19 (ANI) Marking a significant breakthrough in its crackdown on gang-terror networks, the National Investigation Agency (NIA) has arrested Anmol Bishnoi, the brother and close aide of dreaded jailed gangster Lawrence Bishnoi, on his deportation from the US to India on Wednesday. In a statement, the NIA said Anmol Bishnoi is the 19th accused to be arrested for his involvement in the terror-syndicate led by his brother Lawrence Bishnoi. He has been absconding since 2022. Anmol was chargesheeted by the NIA in March 2023 after investigations in the case established tha ...Read More >
Gross Goods and Services Tax (GST) collections rose 7.5 per cent year-on-year to Rs 1.96 lakh crore in July (for sales in June), data released by the government on Friday showed. Even though the pace of growth in gross GST collections picked up to 7.5 per cent in July from 6.2 per cent, this is the second consecutive month wherein the growth rate has been in single digits and much lower after posting double-digit growth in the first two months of the ongoing financial year. ARTICLE CONTINUES BELOW VIDEO Net GST collections, after accounting for refunds, took a hit by growing by just 1.7 per ...Read More >
New Delhi, Oct 16 (PTI) The processing time for requests from the country's law enforcement agencies to Interpol to issue a Red Notice for the detention of a fugitive has drastically decreased, on average, from 14 months to three months now, CBI Director Praveen Sood said on Thursday. In his welcome address at a conference on 'Extradition of Fugitives: Challenges and Strategies' organised by the Central Bureau of Investigation (CBI) and inaugurated by Home Minister Amit Shah, Sood said only eight proposals for issuing Interpol notices are pending with the agencies currently, with the oldest o ...Read More >
CHANDIGARH: The Central Bureau of Investigation (CBI) today arrested Deputy Inspector General of Punjab Police Harcharan Singh Bhullar from his office in connection with an alleged corruption case, as he was caught red-handed by the agency's sleuths accepting a bribe. Sources said that the complainant, a scrap dealer from Fatehgarh Sahib, stated that the 2007-batch IPS officer Bhullar, posted as DIG of Ropar Range, had demanded Rs 5 lakh to settle a claim. The DIG had called him to his office in Mohali for the first instalment when the CBI conducted a raid and caught him red-handed. A middle ...Read More >
New Delhi [India], October 18 (ANI): A two-day conference on 'fugitives-challenges-and-strategies">Extradition of Fugitives-Challenges and Strategies' was organised by CBI on October 16 and 17, 2025, at Bharat Mandapam. The conference was inaugurated by Union Home and Cooperation Minister Amit Shah on October 16, 2025, said CBI sources. Union Home Minister emphasised the need for concerted effort of all the agencies to bring the wanted fugitives from abroad to face justice in India. He specifically emphasised the need for a special cell for vetting all extradition requests before they are for ...Read More >