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.
VIJAYAWADA: India's electric mobility revolution is shifting into top gear. In a decisive step towards achieving the Union Government's ambitious Net Zero Emissions target by 2070, the National Movement for PM e-Drive and PM e-Bus Sewa has gathered strong nationwide momentum. The Convergence Energy Services Limited (CESL) - a Government of India enterprise under the Ministry of Power - has received an overwhelming response to its mega tender for 10,900 electric buses under the Prime Minister's transformative PM e-Bus Sewa Programme. This tender, covering five major metropolitan cities, represents India's largest e-bus procurement initiative to date. In a release issued on Sunday, EESL National Advisor A Chandra Sekhara Reddy informed that the pre-bid phase witnessed robust participation from leading domestic and international manufacturers. Following detailed clarifications to pre-bid queries, CESL extended the bid submission deadline to November 2025, with bid opening scheduled for November 6, 2025. Considering AP as one of the most proactive states in the country with a rich track record for implementing overall Energy Efficiency, Renewables, E mobility, Energy Transition and enhancing economic activity the CESL has initiated steps to prepare an exclusive action plan for Time bound implementation of E mobility . CESL in the first phase will focus on Visakhapatnam, Vijayawada, Rajahmundry, Nellore and Tirupati. CESL spokesperson appreciated key Strategic Actions of AP Government for achieving 100 percent Electrification of APSRTC fleet.
India's Ministry of Corporate Affairs (MCA) has announced an ongoing investigation into three electric vehicle (EV) manufacturers for allegedly availing government subsidies fraudulently. The total sum in question amounts to approximately Rs2.97bn (about $35m). The firms under scrutiny, Hero Electric Vehicles, Benling India Energy and Technology, and Okinawa Autotech; they are accused of violating guidelines tied to FAME II. FAME II was launched in 2019 by India's Ministry of Heavy Industries (MHI), that aimed to promote local EV manufacturing and drive electrification in India. It is mainl ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
VIJAYAWADA: The coalition government is chalking out final plans to implement free bus travel for women, a key Super Six promise. Chief Minister Nara Chandrababu Naidu held a review meeting with APSRTC officials at his Undavalli camp office on Saturday to discuss the rollout, set to begin on August 15. To accommodate the expected surge in passengers, the Chief Minister directed officials to increase the number of buses by purchasing new ones or leasing them as needed. He emphasised that all new buses introduced by the Andhra Pradesh State Road Transport Corporation (APSRTC) should be electric ...Read More >
Chennai (Tamil Nadu) [India], July 2: Entrepreneur India EV 2025, held in Chennai on June 27-28, catalyzed bold conversations around India's electric future, bringing together policy visionaries, industry stalwarts, and capital enablers. The summit was a powerhouse of insights, partnerships and next-gen strategies--making it clear that India isn't just part of the global EV race; it's aiming for pole position. Also Read | FIFA Club World Cup 2025: Gonzalo Garcia's Goal Sends Real Madrid Into Quarterfinals With 1-0 Win Over Juventus (Watch Goal Video Highlights). Kicking off the two-day confe ...Read More >
New Delhi: India's electric vehicle market witnessed mixed trends in June 2025, with electric cars, two-wheelers, and buses registering growth while sales of passenger and cargo electric three-wheelers declined month-on-month, according to a report by JMK Research & Analytics. Sales of high-speed electric two-wheelers (E2Ws) rose 5 per cent month-on-month to 1,05,282 units in June. The top three players continued to dominate the segment, accounting for about 65 per cent of the total registrations. Passenger electric three-wheeler (E3W) sales stood at 51,698 units in June, showing a 7 per cen ...Read More >
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to the allegations to NCW officials. Officials said further steps will be considered after reviewing his ...Read More >
MUMBAI - Tesla India has made its official entry into India, launching its first showroom in Mumbai's upscale Bandra Kurla Complex at Maker Maxity Mall. This new 4,000-square-foot "Experience Centre," opened by Maharashtra Chief Minister Devendra Fadnavis on July 15, signals Tesla's arrival in the world's third-largest car market. A second showroom will open soon in Delhi's Aerocity, as Tesla aims to attract India's luxury electric vehicle buyers. High import taxes and a lack of charging stations remain tough hurdles. This expansion is part of Tesla India's strategy to tap into the growing d ...Read More >
Mumbai: The death toll in Monday's BEST bus crash rose to seven and the number of injured to 42 even as the driver, Sanjay More, booked for culpable homicide not amounting to murder, claimed he had noticed a spark and mistakenly accelerated the bus instead of applying brakes. Seeking More's custody, police said they want to investigate if he intentionally used the vehicle as a weapon. The bus on Route 332 had accelerated on a congested 200m stretch near Kurla station hitting vehicles and pedestr ...Read More >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...Read More >
Andhra Pradesh, home to India's lone operational spaceport, Satish Dhawan Space Centre (SDSC-SHAR), has revealed its State Space Policy for 2025-2030. The Southern Indian state of Andhra Pradesh, home to India's lone operational spaceport, Satish Dhawan Space Centre (SDSC-SHAR), has revealed its State Space Policy for 2025-2030. According to the Andhra Government, the policy will facilitate investments amounting to Rs 25,000 crore (over $3 billion) in the space sector over the next decade and cr ...Read More >
NEW DELHI/LONDON, July 18 (Reuters) - India and Britain are expected to seal a long-awaited free trade deal next week, two Indian government sources said, granting Indian textiles and electric vehicles some duty-free access to the UK market and easing British exports of whisky, cars and food. In May, both countries announced the conclusion of trade negotiations after three years of stop-start negotiations, aiming to increase bilateral trade, remove trade barriers and allow duty-free entry of goods. The countries are now preparing to formally sign the agreement, and the announcement could coi ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
Mumbai, Jul 9 (PTI) JSW MG Motor on Wednesday said the global shortage of rare earth magnets, a key component in motors used for electric vehicles, has not impacted its production currently and is unlikely to impact it in the immediate future, but it is keeping a close watch on the developments. The company, which launched its first premium car showroom, MG Select, in Thane in the Mumbai Metropolitan region, also said that the curbs by China on the supply of magnets have been impacting not only the EV makers but ICE (internal combustion engine) powered vehicle makers as well. Also Read | Kol ...Read More >
DHARMAPURI: For the third time in the past two months, a wild leopard wandered into a private farmland near Valaithottam village near Palacode and hunted chicken raised by a local farmer. Locals are increasingly distressed and urged the forest department to take steps to relocate the leopard. Over the past few months, there have been several reports of leopard sightings in forest areas near Palacode, particularly in Valaithottam village, near the forest's fringe. There have been two instances when the leopard attacked farmlands, taking away a domestic dog and a chicken. On Saturday, the leop ...Read More >
Ranchi: Chief minister Hemant Soren on Thursday stressed that GOI's support is crucial for a state like Jharkhand to progress on all around development reiterating his govt's demand for pending dues and special assistances. Speaking at the 27th meeting of the Eastern Zonal Council in Ranchi, which was chaired by Union home minister Amit Shah, Soren presented a total of 31 demands across various sectors for Centre's due consideration stating that it will help them further the ongoing developmental and welfare measures in the state. Among the major demand, he has urged for pending Rs 1.40 lakh c ...Read More >
Hyderabad, Jul 15 (PTI) Telangana Chief Minister A Revanth Reddy on Tuesday said his government has attracted investments worth about Rs 3,28,000 crore to the state in the 18 months since it assumed office. Speaking after laying the foundation stone for the new facility of ICHOR Biologics at Genome Valley here, he said the state government is focused on building robust infrastructure, policies and the ecosystem to position the state as a destination for 'China Plus One' strategy. 'China Plus One strategy' refers to businesses diversifying manufacturing and supply chains beyond China. "The e ...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 >
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 >
Chandigarh: Punjab chief ministerBhagwant Mann on Thursday said the government will table a bill in the assembly on Friday to introduce harsher punishment for religious sacrilege. However, the law will not be enacted immediately, as the government plans to hold consultations with stakeholders before finalising the legislation.Mann said the decision was taken in a meeting of the cabinet earlier in the day. After the legislation is tabled, Punjab govt will gather suggestions on the law from stakeholders, including religious organisations and people, he added.Sources said said the new legislation ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >
Mumbai: Chief Minister Devendra Fadnavis on Tuesday expressed confidence during the inauguration of Tesla's Experience Centre that Maharashtra will become the state with the highest electric vehicle (EV) manufacturing capacity in India. World-renowned EV manufacturer Tesla has officially entered the Indian market, and its first Experience Centre in the country -- located in Mumbai -- was inaugurated by CM Fadnavis. Transport Minister Pratap Sarnaik, Principal Secretary/CEO Kaustubh Dhavse, and Tesla representatives were also present. CM Fadnavis said this was a momentous occasion for Maharas ...Read More >
Mumbai : Tesla's long awaited India debut finally took place with chief minister Devendra Fadnavis inaugurating its showroom in Mumbai on Tuesday. The Elon Musk-led car maker unveiled its Model Y compact all-electric SUV at its 'Experience Centre' in Bandra-Kurla Complex with the CM describing it as the "right city and the right state" for the launch."Mumbai stands for innovation and sustainability. In 2015, when I went to the US, I had my first ride in a Tesla, and then I thought we need such a vehicle for mobility in India. But it took 10 years for it to come to India. But we are very happy ...Read More >
Hyderabad: Hyderabad has been rated as the sixth cleanest city out of the 40 cities in India with a population of over 10 lakh, according to the Swachh Survekshan 2024-25 conducted by the Union ministry of housing and urban affairs. The city was ranked 9th in 2023-24, and stood at 10th place the year before. The top two cleanest cities this year are Ahmedabad and Bhopal. In Telangana, no other city featured in the top 10 list this year. However, from Andhra Pradesh, the Greater Visakhapatnam Municipal Corporation (GVMC) secured the 9th rank. The Greater Hyderabad Municipal Corporation (GHMC) ...Read More >
India opened the scoring through Geeta Yadav (11th minute); however, in the second quarter, Belgium equalised through Marie Goenns (25th) The Indian junior women's hockey team made a positive start to its tour of Europe with a 3-2 win over hosts Belgium here on Sunday. India opened the scoring through Geeta Yadav (11th minute). However, in the second quarter, Belgium equalised through Marie Goenns (25th). Soon Belgium took the lead as Louise van Hecke (34th) found the back of the net. India made a valiant comeback and levelled the scores through Sonam (40th). The visitors continued to att ...Read More >
New Delhi, Jun 27 (PTI) Delhi Chief Minister Rekha Gupta on Friday flagged off 105 new orange-coloured DEVI (Delhi EV Inter-connector) electric buses and inaugurated the newly built Sector A9 depot in Narela, calling it a step towards cleaner and more efficient public transport for the capital. Gupta said the depot was completed in just 90 days and claimed it reflects the BJP government's commitment to deliver on promises made to Delhi residents. She also attacked the previous Aam Aadmi Party (AAP) government, accusing it of pushing Delhi Transport Corporation (DTC) into losses and fostering ...Read More >
Tirupati/Chittoor: After chilli and tobacco farmers, mango growers are now in focus as YSRCP chief Y S Jagan Mohan Reddy looks to raise the political heat in the state. A bumper mango yield this year has brought little joy to farmers, who are struggling with falling prices. Despite the state government's swift action, announcing subsidies and deploying officials to assist distressed farmers, the issue has turned political. Looking to capitalise on the unrest, Jagan will visit Bangarupalem market yard on July 9 to console mango farmers. In fact, the government claims that Andhra Pradesh's pr ...Read More >
Mumbai: Tesla has officially launched its first Experience Centre in India, located at the Bandra Kurla Complex (BKC) in Mumbai. The showroom was inaugurated by Maharashtra Chief Minister Devendra Fadnavis, marking Tesla's formal entry into the Indian automotive market. Reacting to the development, Shiv Sena (UBT) leader Aaditya Thackeray welcomed the move, saying, "It's a good thing that an electric car showroom is being opened. If the central government had not debated the customs duties, then the showroom would have opened in 2021 only. The EV policy that we made gives EVs major support in ...Read More >
New Delhi, July 17 (SocialNews.XYZ) Indore has once again emerged as India's cleanest city, securing the top spot in the Swachh Survekshan 2024-25 for the eighth consecutive year. The results of the Central government's annual cleanliness survey were announced in New Delhi, where President Droupadi Murmu conferred the awards at a ceremony organised by the Ministry of Housing and Urban Affairs at Vigyan Bhawan. Surat and Navi Mumbai followed Indore, grabbing second and third positions, respectively, reaffirming their strong performance in urban sanitation. In the 3-10 lakh population categor ...Read More >
Lucknow, Jul 17 (PTI) Uttar Pradesh's capital city has secured the third position in the category of urban spaces with population exceeding 10 lakh, while Prayagraj was adjudged the Cleanest Ganga City in the ninth edition of the Swachh Survekshan. Lucknow also became the first city in the state to achieve a 7-star Garbage Free City rating in the 2024-25 survey. Gorakhpur achieved double success, ranking third in the Safai Mitra Surakshit Sheher category and fourth among cities with a population between 3 to 10 lakh. Agra has been recognised as the Emerging Clean City of Uttar Pradesh, securi ...Read More >
Shimla, Jul 17 (PTI) Himachal Pradesh High Court has directed the state government to remove encroachments on forest lands, including the fruit-bearing trees, all across the state and not limit it to some areas. The order was passed by a division bench consisting of Justices Vivek Thakur and Bipin C Negi on Wednesday after the Advocate General placed on record fresh instructions issued by Principal Chief Conservator of Forests, informing that 2,456 apple and other fruit trees have been felled from forest lands in Chaithla village, and 713 and 490 trees in Rohru and Kotgarh forest divisions, r ...Read More >