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.
Mumbai (Maharashtra) [India], October 27 (ANI): A massive fire erupted at a two-story Bata showroom in Crawford Market of Mumbai, Maharashtra, on Sunday. The situation was controlled with the help of multiple fire engines and water tankers. Reportedly, all the stock of footwear, electrical cables, and wiring has been destroyed due to the blaze. DFO Santosh Sawant said that the situation is now under control and an investigation has been launched to identify the cause of the incident. "The fire broke out in a two-story Bata showroom... The entire stock of footwear, electrical cables and wiring, and the false ceiling have all burned down. We have now brought the fire under control... No one was injured. The cause of the fire is still under investigation... Around six fire engines... and eight water tankers are present here," he stated. Meanwhile, a fire broke out in a scrap warehouse in Pawansur Colony under the Bhaodapur police station area of Gwalior. The situation was controlled by the fire department, and there were no casualties. Additional Superintendent of Police, Anu Beniwal, says, "We had received information about a fire breaking out in a warehouse. The fire has been brought under control... The police force and the SDRF team are present at the incident site. More than 5 fire tenders are at the spot... There is no report of any casualties..." The warehouse, located in a residential area, stores plastic scrap. As per the reports, a firecracker sparked the fire at the warehouse, and the scrap present there intensified the blaze. More than a dozen fire tenders helped control the situation. The municipal corporation team, police, and SDRF teams arrived at the spot and broke down a wall with the help of a JCB excavator to control the fire. All the goods present at the warehouse were destroyed due to the intensity of the fire, and two nearby houses suffered damage. However, no casualties were reported. (ANI)
The Reserve Bank of India (RBI) on Friday received the second bomb threat in less than a month. The Reserve Bank of India (RBI) on Friday received the second bomb threat in less than a month, which was reportedly delivered via email in Russian language to the bank's official website. Acting on the bank's complaint, the Mumbai Police launched an investigation and filed a case against an unknown individual at the Mata Ramabai Marg (MRA Marg) police station. The Zone 1 DCP of the Mumbai Police sa ...Read More >
Sambhal (Uttar Pradesh) [India], January 2 (ANI): The court commissioner submitted his survey report in Chandausi Court in the Sambhal Jama Masjid-Harihar case on Thursday. Tensions in Sambhal have been high since November 19, when a local court ordered a survey of the mosque. Clashes between protestors and police over the court-ordered survey of the Jama Masjid resulted in four deaths. Also Read | Karnataka Contractor Suicide Row: BJP Sends Sachin Panchal's Death Note to Lok Sabha LoP Rahul Gandhi; Congress Leader Priyank Kharge Says 'Party Set for Humiliation'. On December 30, a delegatio ...Read More >
Jalgaon (Maharashtra) [India], January 22 (ANI): The death toll in the Jalgaon train accident has risen to 11, with six others injured after the Karnataka Express hit passengers of the Pushpak Express on Wednesday, a senior official confirmed. According to initial reports, the passengers had stepped out of their coaches due to a suspected fire on the Pushpak Express. While they were on the tracks, the Karnataka Express arrived on the adjacent track and hit them. Also Read | Suicide Pact Tragedy: Pregnant Teenage Girl Jumps off 3rd Floor of Building in Surat, Lover Who Backs Out at Last Secon ...Read More >
New Delhi [India], January 31 (ANI): Bharatiya Janata Party (BJP) candidate Parvesh Verma on Friday filed a complaint with ACB against Aam Aadmi Party leader and former Delhi Chief Minister Arvind Kejriwal, alleging corruption concerning Delhi Sports University (DSU). Verma, who is contesting Delhi polls from the New Delhi seat against Kejriwal, in his complaint alleged "corrupt misappropriation of public funds" through "the abuse of official positions to gain wrongful benefits". The complaint has been filed with the Anti-Corruption Branch (ACB) of the Delhi government. Verma's advocate, Vi ...Read More >
Bengaluru, June 5 (PTI) In a major development, Karnataka Chief Minister Siddaramaiah on Thursday suspended Bengaluru police commissioner B Dayananda and several other senior police officials in connection with the stampede outside the Chinnaswamy Stadium that killed 11 people. He also ordered the arrest of representatives of the RCB team, the event management firm DNA Entertainment Private Limited, and the Karnataka State Cricket Association (KSCA), hours after an FIR was registered against them under various charges, including culpable homicide not amounting to murder. The state government ...Read More >
Hathras, Dec 10 (VOICE) At least seven people lost their lives in a major road accident near Jaitpur village on the Bareilly-Mathura road in Uttar Pradesh's Hathras district on Tuesday. A collision between a container truck and a passenger vehicle, commonly referred to as a 'Magic,' resulted in the fatalities. Several others sustained injuries and were rushed to nearby hospitals, officials said. Chief Minister Yogi Adityanath expressed grief over the loss of lives and extended condolences to the bereaved families. He directed district authorities to ensure proper treatment for the injured an ...Read More >
Patna (Bihar) [India], January 22 (ANI): A firing incident has been reported at former MLA from Mokama seat in Patna, Anant Singh on Wednesday evening. The police have initiated an investigation to find out the accused. As per the reports, the former MLA escaped unhurt in the incident. Also Read | 'Deeply Distressing': Maharashtra CM Devendra Fadnavis Mourns Loss of Lives After 8 Killed, Several Injured in Jalgaon Train Tragedy. According to the police, Singh came to the Nauranga Jalalpur village when the attack occurred. Assistant Superintendent of Police (ASP), Rakesh Kumar said that the ...Read More >
Bengaluru, Jun 5 (PTI) Karnataka Chief Minister Siddaramaiah on Thursday ordered the suspension of Bengaluru police commissioner and several senior police officials in connection with the stampede in front of Chinnaswamy Stadium here, which left 11 people dead. He has also ordered the arrest of representatives of RCB, DNA event managers and Karnataka State Cricket Association (KSCA), while handing over the probe to the one-man judicial commission headed by retired High Court judge of Karnataka Justice Michael Cunha. The stampede occurred on Wednesday evening in front of the stadium, where a ...Read More >
New Delhi [India], November 26 (ANI): Responding on the arrest and denial of bail of Chinmoy Krishna Das the Ministry of External Affairs on Tuesday urged Bangladeshi government to ensure the safety and security of Hindus. "We have noted with deep concern the arrest and denial of bail to Shri Chinmoy Krishna Das, who is also the spokesperson of the Bangladesh Sammilit Sanatan Jagran Jote", the statement said. "This incident follows the multiple attacks on Hindus and other minorities by extremist elements in Bangladesh. There are several documented cases of arson and looting of minorities' ho ...Read More >
Morena, December 10: An ex-serviceman allegedly killed his wife and then committed suicide by turning his licensed pistol on himself after a dispute in Madhya Pradesh's Morena city early Tuesday morning, police said. Before killing himself, he also aimed the gun at his two teenage sons while they were lying on a bed at home, but they managed to save themselves by running out of the house, an official said. Devendra Singh (45) retired as a hawaldar from the Army five years back and was financially sound, one of his sons said. Preliminary investigations suggested Singh had some dispute with his ...Read More >
Also Read | Sambhal sparks rift: INDIA bloc allies face leadership turmoil? "Multiple encroachments are being seen around the area," Sambhal DM Rajendra Pensia told ANI. Pensia said, "There was encroachment on roads, sewers, water bodies, and that too for a long time. We are undertaking an 'abhiyan' (drive) to fix it. We launched a campaign in Chandausi and we had decided we would start the campaign here in November. But we could not start." The DM stated the anti-encroachment drive will conti ...Read More >
Jalgaon (Maharashtra) [India], January 22 (ANI): Maharashtra Chief Minister Devendra Fadnavis announced Rs 5 lakh ex gratia to the families of the victims who died in the Jalgaon train accident on Wednesday. The state government will also bear all the medical expenses of the injured, the CM said. Atleast 11 people have died and 6 others injured after Karnataka Express hit passengers in the Jalgaon district of Maharashtra. Also Read | 'Deeply Distressing': Maharashtra CM Devendra Fadnavis Mourns Loss of Lives After 8 Killed, Several Injured in Jalgaon Train Tragedy. The passengers of the Pus ...Read More >
New Delhi: Nearly three weeks after businessman Arun Lohia was fatally shot inside his SUV near Chhatarpur Metro Station in South Delhi, two of the alleged shooters were injured and arrested during a police encounter on the Chirag Delhi-Khanpur stretch on Thursday. Investigations revealed that the killing stemmed from a land dispute. A third suspect was also taken into custody.According to police, the murder took place on May 15. The victim, Arun, a resident of Aya Nagar and owner of several local warehouses, was attacked around 1 pm while returning from Saket Court with his father, Rambir Loh ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...Read More >
Bengaluru (Karnataka) [India], June 5 (ANI): A day after the tragic stampede during the IPL victory celebration event of the Royal Challengers Bengaluru (RCB) in Bengaluru that left 11 dead and dozens injured, Karnataka Chief Minister Siddaramaiah on Thursday said that a one-member commission has been formed to probe the incident. CM Siddaramaiah also announced that the state government has decided to suspend top police department officials, including the Commissioner of Bengaluru City Police. Speaking to the media, the Karnataka CM stated, 'Under the chairmanship of Justice Michael D'Cunha, ...Read More >
Hours after Atul Subash's wife Nikita Singhania, her mother Nisha and brother Anurag were arrested for allegedly abetting the suicide, the Bengaluru techie's father, Pawan Kumar Modi has questioned where Atul's four-year-old son is and said the family was worried about him. Modi thanked the police for arresting the woman and her family members. However, he said, "We don't know where she has kept our grandson. Has he been killed or is he alive? We don't know anything about him. I want my grandson ...Read More >
Sambhal (UP), Dec 15 (PTI) Weeks after violent clashes over a court-ordered survey of the Shahi Jama Masjid claimed four lives, the district administration has launched a campaign against encroachments and illegal power theft in the area around the historic mosque. As part of its efforts, the administration began removing encroachments from the area on Sunday morning. According to Additional Superintendent of Police (ASP) Shrish Chandra, the focus is on clearing drains outside houses and shops in the area under the Nakhasa police station. The area is close to the residence of Samajwadi Part ...Read More >
New Delhi: Six people, including a three-year-old child, were injured in five separate fire incidents reported across the city on Thursday.According to Delhi Fire Services (DFS), a fire was reported on Pankha Road in west Delhi's Janakpuri around 5.30am, in which two buses and a car were gutted. Two fire tenders were sent to the site. No casualties were reported. At 9.35am, a fire broke out in a house in southeast Delhi's New Friends Colony. According to police, a resident called workers to clean a sofa set in her home when a fire broke out. "It appears the thinner caught fire during the clean ...Read More >
In a miraculous turn of events, a seven-year-old boy who was kidnapped from Uttar Pradesh's Ghaziabad district more than 30 years ago has reunited with his family. IMAGE: Raju was kidnapped when he was seven-year-old from Uttar Pradesh's Ghaziabad district. Photograph: ANI Now 38, Raju shared his ordeal and said that after being abducted in September 1993, he was handed over to a truck driver who took him to Jaisalmer in Rajasthan. "The kidnappers kept me in a room located in the middle of a barren area, where I was forced to take care of sheep and goats. Each night, I was chained and locke ...Read More >
Bhopal, December 3: In a shocking incident, an Assistant Sub-Inspector (ASI) allegedly stabbed his wife and sister-in-law to death in Bhopal on Tuesday, police said. The accused was identified as Yogesh Maravi, an ASI posted in Mandla district. The shocking incident came to the fore when the house help came in the morning for work and heard screams from inside the house. The domestic help started banging door in panic and alerted some neighbours. In the meantime, Maravi opened the door and fled from the spot, police said. The incident occurred in an area under the jurisdiction of Aishbagh pol ...Read More >
New Delhi [India], December 3 (ANI): The National Investigation Agency (NIA) chargesheeted another accused in the Magadh (Zone) CPI (Maoist) revival attempts case, the agency said in a statement. Binod Shankar alias Vinod Shankar Singh, a resident of Kaimur district of Bihar, is the 6th accused to be chargesheeted in the case, the agency said. The chargesheet was filed on Monday. Also Read | Pune: Doctors Perform Rare Laser Surgery on Woman Pregnant With Monoamniotic Twins To Save Healthy Foetus at KEM Hospital. A supplementary chargesheet has been filed against him under various sections o ...Read More >
Jalgaon (Maharashtra) [India], January 22 (ANI): Maharashtra Chief Minister Devendra Fadnavis announced Rs 5 lakh ex gratia to the families of the victims who died in the Jalgaon train accident on Wednesday. The state government will also bear all the medical expenses of the injured, the CM said. Atleast 11 people have died and 6 others injured after Karnataka Express hit passengers in the Jalgaon district of Maharashtra. The passengers of the Pushpak Express had stepped outside their coaches due to a suspected fire on the train, and while outside the Karnataka Express passed through the adj ...Read More >
New Delhi [India], June 5 (ANI): The National Human Rights Commission (NHRC), India, has taken suo motu cognizance of a press release issued by the Press Club of India, New Delhi, highlighting the alleged brutal assault of two journalists by police in Bhind district, Madhya Pradesh. The incident reportedly took place on May 1, 2025, under the supervision of the District Superintendent of Police. 'NHRC, India takes suo motu cognisance of the reported assault of two journalists by police in Bhind district, Madhya Pradesh,' in a post in X, NHRC stated. https://x.com/India_NHRC/status/193056213 ...Read More >
Gandhinagar (Gujarat) [India], June 5 (ANI): Gujarat Chief Minister Bhupendra Patel graced the distribution ceremony of 50 JCB machines organised by the Bharwad Yuva Sangathan - Gujarat Pradesh, held at Town Hall in Gandhinagar on Thursday. During the event, 50 economically disadvantaged youths from the Bharwad community were provided with JCB machines without any down payment, as part of an initiative to empower them towards self-reliance, according to the press release. Commending the efforts of the organization, the Chief Minister stated that Prime Minister Narendra Modi has always emphas ...Read More >
Agartala (Tripura) [India], June 5 (ANI): Tripura Governor Indrasena Reddy Nallu on Thursday urged people to plant trees in their homes and avoid the use of plastic on the occasion of World Environment Day. Governor of Tripura Indrasena Reddy Nallu said, 'Today is World Environment Day. Tripura is a green land, a green state. We must always strive to maintain this greenery and take the state even further on the path of environmental progress. I would like to tell the people of the state to avoid the use of plastic. I urge everyone to plant trees in their own homes.' Tripura joined the global ...Read More >
Sharmistha Panoli, a law student, faced arrest over a controversial social media video. The video sparked outrage for allegedly insulting a religious community. Despite an apology, legal action followed. Kolkata Police arrested Panoli in Gurugram. A Kolkata court initially remanded her to judicial custody. Now, the Calcutta High Court has granted her interim bail.The Calcutta High Court on Thursday granted interim bail to influencer Sharmistha Panoli, arrested for allegedly posting video on socia ...Read More >
Following a stampede at an IPL victory celebration in Bengaluru that resulted in 11 fatalities, Karnataka Chief Minister Siddaramaiah has suspended several top police officials for negligence. A judicial inquiry, led by Justice John Michael D'Cunha, will investigate the incident, along with a CID probe into RCB, KSCA, and DNA Entertainment Networks.Karnataka Chief Minister Siddaramaiah on Thursday announced the suspension of Bengaluru City Police Commissioner B Dayanand, Additional Commissioner ( ...Read More >
Sambhal (Uttar Pradesh) [India], December 3 (ANI): Sambhal District Magistrate Rajendra Pensiya on Tuesday wrote to the officers of neighbouring districts--Bulandshahr, Amroha, Ghaziabad, and Gautam Buddha Nagar--requesting them to stop Lok Sabha Leader of Opposition Rahul Gandhi at their district borders. The Sambhal DM addressed the letter to the Police Commissioners of Gautam Buddha Nagar and Ghaziabad, along with the Superintendents of Police (SP) of Amroha and Bulandshahr. "On November 24, a remaining survey was conducted, following which members of the Muslim community staged massive p ...Read More >
MUMBAI: The case of Bengaluru Techie Atul Subhash who died by suicide citing alleged harassment by his estranged wife has opened up a debate on misuse of anti dowry law. Mumbai-based lawyer Abha Singh described the case as a 'gross misuse of law,' stating that false charges and harassment led to the death of the victim, suffering from harassment from his wife and in-laws. Lawyer Abha Singh also emphasized that the misuse of dowry laws could ultimately deny justice to those who genuinely need protection. "Dowry laws, being made to protect women should not be misused because if some women are ...Read More >
New Delhi [India], December 10 (ANI): Delhi Chief Minister Atishi on Tuesday raised concerns about the Rajouri Garden based Jungle Jamboree restaurant's safety record after a fire broke out on Monday spreading to the coaching centre above it. The Delhi CM visited the fire incident site of Rajouri Garden and took stock of the situation saying that the fire NOC of the restaurant had been cancelled by the Fire Department, and the Municipal Corporation of Delhi (MCD) had also ordered its closure. Despite this, the restaurant was still operating, prompting an investigation by the Delhi Police. Pr ...Read More >