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.
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New Delhi: With the sparkle of Diwali just fading, the festive spirit continues as people gear up to celebrate Chhath Puja. However, amid the excitement, many are wondering whether banks will remain open or closed during these celebrations. October has already been packed with back-to-back festivals from Navratri and Vijayadashami to Diwali and Lakshmi Pujan leading to several bank holidays across the country. Banks in many parts of India will remain closed on October 27 in observance of Chhath
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 >
Trump India Tariffs Impact: US 50% tariffs on Indian exports take effect tomorrow, targeting textiles, seafood, gems, jewellery, and leather. Analysts warn the move could threaten millions of jobs and shave 0.5% off India's GDP. Back in his first term, Donald Trump had first called India as the "tariff king." Now, in his second stint in the White House, he has repeated that often and is now bringing the 50 per cent tariff hit for New Delhi. The order, Executive Order 14329, links the penalty to India's continued imports of Russian crude and defence hardware. For New Delhi, this isn't just ano ...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 >
Gandhinagar (Gujarat) [India], September 15 (ANI): Union Home and Cooperation Minister Amit Shah inaugurated Phase-2 Kanya Chhatralaya and Rs 100 crore "Dikri Dattak Yojana" at Sardardham. Chief Minister Bhupendra Patel graced the event, the Chief Minister's office said in a press release. Union Home Minister and Chief Minister offered floral tributes to the statue of Sardar Patel at Sardar Dham. Furthermore, they engaged in a direct dialogue with all the trustees of Sardar Dham and held detailed discussions on the role of Sardar Dham in nation-building. On this occasion, Amit Shah stated th ...Read More >
Bangalore Gold Rate Today: Shattering all hopes of retail jewellery buyers of some relief amid the ongoing Navratri festival, gold rates in Bangalore, and other Indian cities broke another record on Monday, September 29. The price of gold in Bangalore, aka Bengaluru, witnessed a sharp surge bringing 24 karat gold Rs 16,000 above the historic Rs 1 lakh mark. The gold price rally in Karnataka capital mirrored the surge in gold rate in India and across the world. The sharp rally in precious metal is on its path to beat the record-rally of 1979. Multiple factors like US Fed rate cut, trade becau ...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 >
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 >
Mumbai: Jio Financial Services Limited (JFSL) has announced a special festive campaign "Jio Gold 24K Days", which allows customers to start investing in gold with as little as Rs 10. The scheme also gives buyers a 2 per cent gold bonus and prizes worth Rs 10 lakh on purchases made during Dhanteras and Diwali. As part of the limited-period offer, customers purchasing digital gold worth Rs 2,000 or more between October 18 and 23, 2025, through the JioFinance or MyJio apps, will receive 2 per cent additional gold, credited directly to their gold wallet within 72 hours. Those buying gold worth ...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 >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...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 >
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 >
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 >
Chandigarh (Haryana) [India], October 16 (ANI): In a heartfelt tribute, both daughters of Haryana-cadre IPS officer Y. Puran Kumar performed the 'mukhagni' to his mortal remains during his last rites at the Sector 25 crematorium. The solemn ceremony was attended by Haryana DGP OP Singh, along with other dignitaries, honouring the legacy of the esteemed officer. Puran Kumar allegedly shot himself at his residence in Chandigarh on October 7. In the 'final note' he left behind, he accused eight senior cops, including Haryana director general of police Shatrujeet Kapur, of "blatant caste-based ...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 >
Lucknow: Chief Minister Yogi Adityanath said on Sunday that a series of statewide programmes would be held across UP to mark the 150th birth anniversary year of Sardar Vallabhbhai Patel. A "run for unity" will be organized across the state on Oct 31, he said while addressing a press conference.The CM outlined the detailed plan of the state-wide celebrations. He announced that a three-day padayatra, covering 8-10km, will be held in every Lok Sabha constituency, traversing all Vidhan Sabha segments ...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 >
Nagpur: Warrior king Chhatrapati Shivaji Maharaj belonged to the entire country, but British history tried to confine him as a regional icon, said BJP leader and Rajya Sabha MP Sudhanshu Trivedi, who was in Nagpur on Friday to attend an event marking the 351st anniversary of Shivaji Maharaj's coronation. Trivedi told TOI at the event organized by Shivaji Maharaj Kruti Samiti that Shivaji Maharaj's contribution in 'safeguarding' the southern part of India from Mughal invasion must not be forgotten.Trivedi said, "Shivaji Maharaj belonged to all of us, entire country. Unfortunately, the British p ...Read More >
New Delhi [India], September 14 (ANI): Prime Minister Narendra Modi on Sunday extended his heartfelt greetings on the occasion of Hindi Diwas and called upon citizens to collectively work towards enriching all Indian languages and passing them on to future generations with pride. In a post shared on X, PM Modi said, "Heartfelt greetings to all on Hindi Diwali. Hindi is not merely a medium of communication, but a vibrant heritage of our identity and values. On this occasion, let us all together resolve to enrich Hindi along with all Indian languages and to pass them on to the coming generation ...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 >
Indian stock markets, Sensex and Nifty, recovered from an early dip on Friday. Foreign fund inflows and anticipation of US Federal Reserve rate cuts boosted investor sentiment. Asian Paints, Mahindra & Mahindra, and Bharti Airtel were among the top gainers. This rebound follows strong performance on Thursday, driven by positive economic outlook and global factors. Mumbai, Equity benchmark indices Sensex and Nifty bounced back after starting the trade on a weak note on Friday, helped by foreign f ...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 >