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 Delhi Police have busted a fake antacid manufacturing unit in north Delhi's Ibrahimpur, and seized a massive cache of counterfeit products designed to mimic a popular over-the-counter brand. Two accused -- Sandeep Jain (45) and Jitender alias Chotu (23) -- both residents of Ibrahimpur, have been arrested in connection with the illegal operation, officials said on Sunday. According to the Crime Branch, the unit was discovered during a raid following a complaint from the authorised manufacturer of the antacid brand. The accused had rented a local premise and set up a complete production and packaging line that replicated the genuine product's branding, including sachets, stickers, and printed rolls. During the search, officers recovered over 91,000 sachets of counterfeit antacids, 80 kg of raw material, 13 kg of company-branded rolls, 54,780 stickers, 2,100 unfilled packets, and a packaging machine. Police said the products were prepared for large-scale distribution and could have posed significant health risks to their unsuspecting consumers. An investigating officer said the racket's scale and sophistication underline how counterfeit operations have expanded beyond luxury goods into daily-use healthcare and hygiene items. "The fake products were nearly indistinguishable from the originals and ready to be pushed into retail markets," the officer added. Police have remanded both the accused to two days' custody and are probing the supply network and possible links to other counterfeit operations.
India's pharmaceutical industry, valued at $50 billion, is booming as a global leader in generic drugs. With significant exports to 200+ countries, India meets a substantial portion of global demand for affordable medicine. Challenges include regulatory hurdles and quality assurance, as the nation aims to expand its generic drug market. The Indian pharmaceutical industry, currently valued at $50 billion, is playing an increasingly crucial role on the global stage. Renowned as the 'pharmacy of the world,' India's pharma sector is a major exporter, supplying essential generic drugs to over 200 ...Read More >
New Delhi [India], June 8 (ANI): In a major crackdown, the Anti-Narcotics Task Force (ANTF) of the Delhi Police has busted an interstate drug syndicate and seized 348.176 kilograms of Ganja, officials said. According to Apoorva Gupta, Deputy Commissioner of Police, ANTF, Crime Branch, Delhi, the seized contraband is valued at approximately Rs 1.75 crore in the international market. The drug was being smuggled from Andhra Pradesh to the Delhi-NCR region, concealed beneath a consignment of watermelons in a truck. Two individuals, identified as Intezar Malik and Rizwan, have been arrested in c ...Read More >
New Delhi: A week after Deepak Kumar, nephew of jailed gangster Manjeet Mahal, was shot dead in front of his 10-year-old daughter during a morning walk in northwest Delhi's Bawana, Delhi Police Crime Branch has arrested two suspects linked to the rival Kapil Sangwan alias Nandu gang following an early morning encounter.The arrests took place near Sector-34 in Rohini, close to the Munak Canal, on Friday. Acting on a tip-off about the movement of two suspects -- Sombir alias Chinu, from Hisar, Haryana, and Vijay, 31, from Chandigarh -- the Crime Branch laid a trap. As officers closed in, the sus ...Read More >
New Delhi [India], July 16 (ANI): The Indian government expressed regret on Tuesday over the reported demolition of the ancestral property of celebrated filmmaker and writer Satyajit Ray in Mymensingh, Bangladesh and expressed its willingness to extend cooperation in its restoration. "We note with profound regret that the ancestral property of noted filmmaker and litterateur Satyajit Ray in Mymensingh, Bangladesh, belonging to his grandfather and eminent litterateur, Upendra Kishor Ray Chowdhury, is being demolished," the Ministry of External Affairs said. Also Read | India Urges Bangladesh ...Read More >
New Delhi: A surge in sales may be around the corner for some of India's leading packaged consumer goods makers, as cheaper inputs and lower import duties craft a perfect recipe for their next stage of growth. Companies and analysts alike said that falling prices of wheat, maize, barley and oils will help expand volumes, in a change from the recent experience of pricier products driving revenue. On 31 May, the government halved the basic customs duty on crude soybean oil, crude palm oil, and crude sunflower oil to 10%, eight months after raising it from nil to 20%. The move had prompted pack ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
New Delhi: The Aircraft Accident Investigation Bureau (AAIB) is probing from all angles, including sabotage, in the Air India plane crash in Ahmedabad that killed 274 people on board and on the ground last month, Minister of State (MoS) For Civil Aviation Murlidhar Mohol said. Mohol said the black box of the Air India flight AI 171 that has been recovered is in AAIB's custody and will not be outside the country for a thorough assessment. The MoS was speaking at the Pune chapter of the Emerging Business Conclave. "It (plane crash) was an unfortunate incident. The AAIB has begun a full investig ...Read More >
Chandigarh: Haryana chief minister Nayab Singh Saini on Tuesday said the state govt was consistently working to provide better resources to the doctors and quality healthcare services to the citizens.He mentioned that medical colleges were being established in every district.While there were only six medical colleges in 2014, the number has now increased to 15, and nine new colleges are under construction. As a result, MBBS seats in the state increased from 700 in 2014 to 2,185, at present. The state govt aims to increase the MBBS seats to over 3,400 by 2029, said Saini.The CM was addressing a ...Read More >
Amritsar: BJP MP Nishikant Dubey from Jharkhand has claimed that Britain assisted India in executing the 1984 Operation Bluestar at the Golden Temple in Amritsar, stoking a new controversy.In a post on X on Monday, Dubey alleged that then PM Indira Gandhi "launched an attack on the Golden Temple in collaboration with Britain", with British Army officers present in Amritsar.He uploaded a classified British document, "Sikh Community", claiming that on Feb 23, 1984, the UK Foreign and Commonwealth Office mentioned in a letter that the Indian govt had sought British advice over a plan to remove Si ...Read More >
Mohali (Punjab) [India], July 9 (ANI): In a landmark event celebrating the vision and philosophy of the Aam Aadmi Party (AAP), the Punjabi edition of the book Kejriwal Model was officially launched today in Mohali. The event was graced by AAP National Convenor and Former Delhi CM Arvind Kejriwal, Punjab Chief Minister Bhagwant Mann, and former Delhi Deputy CM & AAP Punjab In-Charge Manish Sisodia, a release said on Tuesday. According to the release, the book has been authored by AAP leader Jasmine Shah and published by Unistar Books. Present at the event were publishers Harish Jain and Rohit ...Read More >
New Delhi [India], July 13 (ANI): A day after political leaders raised concerns over glass pieces allegedly scattered along the Kanwar Yatra route in Shahdra District Dilshad Garden, Delhi Police on Sunday traced the source of the broken glass and detained an e-rickshaw driver in connection with the incident. Police said that an FIR was registered at PS Seemapuri based on a complaint from the Public Works Department (PWD), after a video showing broken glass pieces on the road near Chintamani Chowk went viral on social media. A case was registered on July 13 based on a complaint by a Junior E ...Read More >
Sneha's bank account remains untouched. ShowQuick Read Summary is AI-generated, newsroom-reviewed Sneha Debnath, 19, from Tripura, went missing in New Delhi on July 7Tripura CM Manik Saha ordered immediate police action on Sneha's disappearanceSneha was last seen near Sarai Rohilla Railway Station with a friend named Pitunia Did our AI summary help? Let us know. New Delhi: Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capi ...Read More >
New Delhi: Delhi Police has arrested three fraudsters from Rajasthan's Mewat for running a sextortion racket that extorted Rs 14 lakh from a man in the capital. The accused posed as Crime Branch officers, manipulated the victim into a compromising situation during a WhatsApp video call, and then used the footage to blackmail him over several days.According to police, the accused contacted the complainant via WhatsApp video call and played a pre-recorded obscene video featuring a woman. "The complainant told police officers that he was manipulated into getting nude, and subsequently, his video ...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 >
New Delhi [India], June 8 (ANI): In a major crackdown, the Anti-Narcotics Task Force (ANTF) of the Delhi Police has busted an interstate drug syndicate and seized 348.176 kilograms of Ganja, officials said. According to Apoorva Gupta, Deputy Commissioner of Police, ANTF, Crime Branch, Delhi, the seized contraband is valued at approximately Rs 1.75 crore in the international market. The drug was being smuggled from Andhra Pradesh to the Delhi-NCR region, concealed beneath a consignment of watermelons in a truck. Two individuals, identified as Intezar Malik and Rizwan, have been arrested in c ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
ShowQuick Read Summary is AI-generated, newsroom-reviewed Ajay Lamba was arrested after 24 years for four murder-cum-robbery cases targeting cab driversLamba and accomplices sedated, killed drivers in Uttarakhand, and sold cabs in NepalOnly one victim's body was recovered; two gang members were arrested earlier Did our AI summary help? Let us know. New Delhi: A serial killer who targeted cab drivers and sold off their vehicles has landed in the police net after 24 years. The Delhi Police cr ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...Read More >
NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted court-ordered raids on factories suspected of producing fakes. The German shoemaker is pursuing legal action to counter growing counterfeit activity tied to its popular footwear. According to people familiar with the matter, court-appointed lawyers recently inspected several small-scale factories in India to seize suspected counterfeit Birkenstock products. The move comes after Birkenstock filed a trademark infringement lawsuit in the Delhi High Court in M ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
New Delhi [India], July 13 (ANI): The Crime Branch of Delhi Police has achieved a significant breakthrough in its efforts to combat crime in the city. A dangerous day burglar gang has been smashed, and two individuals, including a major burglar, have been apprehended. The Crime Branch of Delhi Police apprehended two accused, including a Child in Conflict with Law (CCL) and a 22-year-old identified as Aftab alias Sukha, from the Sector 10/11 area near Japanese Park in Rohini. 53 high-end phones were recovered from the possession of the accused, along with house-breaking tools were seized from ...Read More >
Mumbai, Dec 18 (PTI) Jobs and talent platform and a Quess company, foundit, on Wednesday announced the appointment of V Suresh as its Chief Executive Officer. With over two decades of experience in the internet domain, digital transformation, and the e-recruitment ecosystem, Suresh brings a wealth of strategic expertise and a forward-looking vision to foundit (formerly Monster APAC and ME), the company said in a statement. "Suresh's deep understanding of the digital talent ecosystem and proven ability to scale businesses will help us strengthen our leadership position in the market. Under hi ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
New Delhi [India], July 13 (ANI): The Crime Branch of Delhi Police has achieved a significant breakthrough in its efforts to combat crime in the city. A dangerous day burglar gang has been smashed, and two individuals, including a major burglar, have been apprehended. The Crime Branch of Delhi Police apprehended two accused, including a Child in Conflict with Law (CCL) and a 22-year-old identified as Aftab alias Sukha, from the Sector 10/11 area near Japanese Park in Rohini. Also Read | Railway Minister Ashwini Vaishnaw Approves To Install CCTV Cameras in All 74,000 Coaches To Enhance Passen ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
Bengaluru (Karnataka) [India], June 7 (ANI): Emphasising the need for stringent regulation of food quality, Dr Sharan Prakash Patil, Karnataka Minister for Medical Education, Skill Development, Entrepreneurship and Livelihood urged both state and central food and drug authorities to closely monitor and regulate the standards of street and hotel food. Speaking at the World Food Safety Day programme organised by the Union Ministry of Health and Family Welfare at NIMHANS on Saturday, Dr Patil highlighted the serious health risks posed by unhygienic and adulterated food. 'Children and the elderly ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
New Delhi, Dec 3 (PTI) A court here on Tuesday extended the police custody of AAP MLA Naresh Balyan by a day in an extortion case lodged last year. Additional Chief Metropolitan Magistrate Paras Dalal passed the order on an application filed by the Delhi Police, seeking the custody of the legislator from Delhi's Uttam Nagar Assembly segment for two more days. The court also sought the police's response to a bail application filed by Balyan. It issued notice to the Delhi Police and directed it to file its response by Wednesday when Balyan will be produced before the court. The police claimed ...Read More >