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.
CHENNAI: Justice Surya Kant, senior-most judge of the Supreme Court, on Sunday said the real strength of the judiciary does not lie in its infrastructure but in the moral architecture. "The real strength of a court lies not just in its marble and mortar but in its moral architecture," he said while inaugurating the additional heritage court building -- the renovated old Madras Law College -- in the high court premises. While justice relies on human integrity, it thrives on institutional support, and infrastructure, therefore, is an instrument that shapes how justice is delivered, the judge stated. Justice Kant further said investments in the judiciary must be seen as an investment in public trust. Union Minister (in-charge) of Law and Justice Arjun Ram Meghwal said the centre is committed to improving infrastructure for the judiciary. Justices MM Sundresh and R Mahadevan of the Supreme Court noted that the old Madras Law College building has transformed from a temple of learning to a temple of justice. Manindra Mohan Shrivastava, Chief Justice of Madras HC, said infrastructure remains the backbone of justice delivery, not just brick and mortar. Justice R Suresh Kumar of the HC also spoke at the event, which was attended by Advocate General PS Raman, ASG Sundaresan, judges of the HC and district judiciary.
Story so far: India celebrated its 75th year of adoption of its Constitution on Tuesday (November 26, 2024) with President Droupadi Murmu addressing a joint session of parliament. While the Constitution of India hits its diamond jubilee this year, event commemorating is as 'Constitution Day' was started only in 2015. Prior to this, it was called 'National Law Day' -- first initiated by former Supreme Court Bar Association (SCBA) president Laxmi Mall Singhvi in 1979. "The Indian Constitution is a live, progressive document," said Ms. Murmu adding, "I urge all citizens to imbibe the constitutio ...Read More >
New Delhi, Dec 4 (PTI) "On the face of it you are a corrupt person. Crores of rupees were recovered from your premises," the Supreme Court on Wednesday told former West Bengal minister Partha Chatterjee, held in an alleged cash-for-job scam in the state. A bench of Justices Surya Kant and Ujjal Bhuyan, which reserved its verdict on the bail plea of Chatterjee, questioned the enforcement directorate (ED) over his continued incarceration saying he cannot be kept inside for an indefinite period. "On the face of it you are a corrupt person. Crores of Rupees were recovered from your premises. Wha ...Read More >
New Delhi: The Supreme Court on Tuesday said the Karnataka government and the Centre should resolve the issue in connection with the release of financial assistance from the National Disaster Response Fund (NDRF) to the state for drought management. The matter came up before a bench comprising justices B R Gavai and K V Viswanathan. Attorney General R Venkataramani, appearing for the Centre, requested the bench that he needed some time to file an affidavit in the matter. "You should resolve it," the bench said. During the hearing, the bench queried, how much amount has been released so far? ...Read More >
New Delhi, Dec 11 (SocialNews.XYZ) Congress on Wednesday gave a notice to move a motion for the adjournment of the business of the Lok Sabha to discuss the recent statements made by a sitting judge of the Allahabad High Court. "I hereby give notice of my intention to ask for leave to move a motion for the adjournment of the business of the house for the purpose of discussing a definite matter of urgent importance, namely:- The recent statements made by a sitting judge of the Allahabad High Court..." said K. Suresh, Congress MP and party's Chief Whip in the Lower Hosue. He said in the notice ...Read More >
New Delhi [India], December 18 (ANI): The Supreme Court on Wednesday asked Punjab authorities to promptly tackle the health situation of farmers' leader Jagjit Singh Dallewal who is on fast unto death for over 20 days and to take "extraordinary steps" to ensure his health. A bench of Justices Surya Kant and Ujjal Bhuyan cautioned Punjab authorities on the repercussions if anything untoward happens to the farmer's leader. Also Read | 'Mukadma, Mulzim, Ilzam, Ittila, Chashmdeed': BJP Government in Rajasthan To Replace Urdu Terms in Policing With Hindi Words. "The entire state machinery will b ...Read More >
Mumbai, Jan 27 (PTI) The Bombay High Court on Monday suggested Abhishek Lodha and his brother Abhinandan Lodha to try and amicably resolve the issue over the use of 'Lodha' trademark. The Abhishek Lodha-promoted Macrotech Developers Ltd earlier this month filed a suit in the HC against Abhinandan Lodha's real estate firm, House of Abhinandan Lodha, claiming the name 'Lodha' was their trademark and no one else could use it. The suit sought Rs 5,000 crore as damages from Abhinandan Lodha's company. In an interim application, Macrotech Developers sought a perpetual injunction against the defen ...Read More >
New Delhi [India], February 10 (ANI): The Supreme Court (SC) on Monday said that appeals challenging the acquittals of accused persons in the 1984 anti-Sikh riots cases need to be filed seriously by prosecution agencies and not just for the sake of it. A bench of justices, Abhay S Oka and Ujjal Bhuyan, was informed by Additional Solicitor General (ASG) Aishwarya Bhati, who represented the Delhi Police, that the state has asked prosecuting agencies to file Special Leave Petitions (SLPs). Also Read | UP Shocker: Woman Strangulates 2 Daughters, Attempts to Kill Self After Domestic Dispute With ...Read More >
India is not a dharmashala (free shelter) that can entertain refugees from all over the world, the Supreme Court said today, refusing a Sri Lankan national's plea for refuge. The bench of Justice Dipankar Datta and Justice K Vinod Chandran was hearing a petition by a Sri Lankan national, who was arrested in 2015 on suspicion of being linked to the Liberation Tigers of Tamil Eelam (LTTE), a terrorist organisation once active in Sri Lanka. In 2018, a trial court convicted him under the Unlawful Activities (Prevention) Act and sentenced him to 10 years in jail. In 2022, the Madras High Court sla ...Read More >
New Delhi: The Supreme Court on Tuesday directed the Jacobite Syrian Church to hand over the administration of six churches in Kerala to the Malankara Orthodox Syrian Church faction. The matter came up before a bench comprising Justices Surya Kant and Ujjal Bhuyan. The bench said that the members of the Jacobite Syrian Church were in contempt for "wilfully disobeying" the 2017 judgment. The bench directed the Jacobite faction to hand over the administration of three churches each in Ernakulam and Palakkad districts to the Malankara faction. The bench also asked the Jacobite faction to file a ...Read More >
New Delhi, [India], December 11 (ANI): The Supreme Court has expressed concern over the growing tendency to misuse Section 498A of the Indian Penal Code (IPC), which penalises cruelty by husbands and their relatives against married women. While quashing a Section 498A IPC case against a husband and his parents, a bench of Justices BV Nagarathna and N Kotiswar Singh said that the Section became a tool for unleashing personal vendetta against the husband and his family by a wife. Also Read | RBI Will Remain Alert and Agile to Meet Challenges, Says New Governor Sanjay Malhotra (Watch Video). " ...Read More >
New Delhi: The Union Cabinet has approved the 'One Nation, One Election' bill, to revive a concept that was once the norm in India's electoral history. The proposal aims to streamline elections across the country by holding simultaneous polls for the Lok Sabha and State Assemblies. The idea of holding simultaneous elections is not new to India. In the early years after independence, elections for the Lok Sabha and State Assemblies were held together in 1951-52, 1957, 1962, and 1967. However, this practice was disrupted when several State Assemblies were dissolved prematurely in 1968 and 1969. ...Read More >
New Delhi: The Union Cabinet cleared the bill for the 'One Nation, One Election' proposal on Thursday (December 12). This development comes as Prime Minister Narendra Modi and the NDA have been repeatedly advocating for this initiative asserting that it will "strengthen the democracy" by holding simultaneous elections in the country. "Elections are held at different places every few months and it hampers the developmental work and all of you know it. Therefore, it is must to have deep study and deliberation on 'One Nation, One Election'," the PM said. "Only one voters' list should be used f ...Read More >
The Supreme Court of India has said that mere harassment is not sufficient to hold someone guilty of the offence of abetting suicide, and there must be clear evidence of direct or indirect incitement. Photograph: ANI Photo The observations came from a bench of justices Vikram Nath and P B Varale which delivered its verdict on an appeal challenging a Gujarat high court order which refused to discharge a woman's husband and her two in-laws for allegedly harassing her and driving her to suicide. ...Read More >
New Delhi, Dec 12 (VOICE) The Supreme Court on Thursday ordered that no fresh suits would be registered under the Places of Worship Act in the country, and in the pending cases, no final or effective orders would be passed till further orders of the Apex Court. A Special Bench headed by CJI Sajiv Khanna asked the Union government to file within four weeks its reply to the clutch of petitions challenging the validity of the 1991 Act, which prohibits the filing of a lawsuit to reclaim a place of worship or seek a change in its character from what prevailed on August 15, 1947. The Bench, also c ...Read More >
New Delhi [India], December 18 (ANI): Congress MP Manickam Tagore on Wednesday lashed out at Union Home Minister Amit Shah over his remarks on Dr BR Ambedkar, saying that he can't "bulldoze" Ambedkar's legacy which remains a voice for the oppressed communities. "Yesterday, Amit Shah who believes in Manuwaad and who is a follower of Savarkar has expressed his anti-mindset of Ambedkar (anti-Ambedkar mindset)...We will try to say to him 'Ambedkar Jai'...because he can't just bulldoze Ambedkar's legacy. Ambedkar legacy means voice for those oppressed communities of OBCs, SCs and STs, and all othe ...Read More >
Bengaluru, Jan 13 (PTI) The Karnataka High Court has dismissed on Monday an appeal by J Deepak and J Deepa, the legal heirs of late Tamil Nadu Chief Minister J Jayalalithaa, seeking the release of her assets confiscated in a 2004 disproportionate assets case. Jayalalithaa was convicted by a special court in 2014 for amassing wealth disproportionate to her known sources of income during her tenure from 1991 to 1996. Following her conviction, her properties were confiscated by the authorities. Although she was acquitted by the Karnataka High Court in 2015, then congress government in Karnataka ...Read More >
Prayagraj (Uttar Pradesh) [India], February 7 (ANI): Bihar Governor Arif Mohammed Khan arrived at the Mahakumbh in Prayagraj on Friday and said that the 'Sanatana' culture embodies the oneness of being and that all the differences dissolve in it. Speaking to the media here, Arif Khan highlighted the Indian culture of seeing divinity in humanity, asserting that "manav" (humans) are a reflection of "Madhav" (God). Khan also noted that India's heritage, values, and ideals continue to be celebrated at the Mahakumbh, fostering unity among people beyond personal familiarity. "We should always not ...Read More >
New Delhi: Observing that "criminalisation of politics is a very major issue", the Supreme Court on Monday asked the Centre and Election Commission of India (ECI) to respond to a PIL challenging election of convicted persons as MPs/MLAs. The development took place during the resumed hearing of a plea filed by advocate Ashwini Upadhyay, seeking lifelong disqualification of MPs and MLAs convicted of criminal offences. The PIL has challenged provisions of the Representation of the People Act (RPA) that bar convicted politicians from contesting polls for six years after serving jail terms. A be ...Read More >
New Delhi, Nov 26: The Supreme Court on Tuesday dismissed a public interest litigation (PIL) seeking directions to the Election Commission of India (ECI) to introduce ballot paper in place of EVMs (Electronic Voting Machines). A bench of Justices Vikram Nath and P.B. Varale rejected the prayer to return to the ballot system due to the alleged manipulability of EVMs. "When you lose, EVMs are tampered with; when you win, EVMs are fine," remarked the apex court, when the petitioner referred to the statements made by Andhra Pradesh Chief Minister Chandrababu Naidu and his predecessor Jagan Mohan ...Read More >
BUDAUN: A court hearing a plea of a Hindu outfit, which had sought permission to worship at Jama Masjid Shamsi here claiming it was a temple, on Tuesday asked the Muslim side to complete their arguments by December 10. Arguing his case, the lawyer for Shamsi Shahi Jama Masjid Intezamia Committee and Waqf Board Asrar Ahmed questioned the locus standi of the Akhil Bharat Hindu Mahasabha to file the petition in the matter. Urging the court to dismiss the plea, the counsel submitted that the mosque is about 850 years old. He stated that there is "no existence of a temple" there and worship by Hin ...Read More >
The Supreme Court overturned a Madras High Court decision. The high court had refused to dismiss defamation charges against Union minister L Murugan. Murugan faced these charges over statements made in 2020. The Supreme Court accepted Murugan's argument. He said he did not intend to defame the Murasoli Trust. The case is now closed.The Supreme Court on Thursday quashed criminal defamation proceedings against Union minister L Murugan on a complaint filed by the Chennai-based Murasoli Trust for his ...Read More >
The Supreme Court halted new temple-mosque legal battles. The court will review the 1991 law impacting religious site status. This law froze the status of religious sites as of August 15, 1947. Several cases, including Gyanvapi and Shahi Idgah, challenge this law. The law's validity is being questioned. The court's decision impacts ongoing and future disputes.In its ruling on the keenly-watched Place of Worship Act case, the Supreme Court said on December 12 that no new Mandir-Masjid suits are to ...Read More >
New Delhi: In a significant ruling, the Supreme Court has directed that no new lawsuits related to places of worship (temples, mosques, or shrines) can be filed until further notice. This decision was made during the ongoing hearing of petitions challenging the Places of Worship (Special Provisions) Act, 1991. The ruling prohibits the lower courts from issuing any survey orders or interim orders that might alter the status or nature of any religious site. The bench, comprising Chief Justice Sanjiv Khanna, Justice Sanjay Kumar, and Justice K.V. Vishwanathan, issued this order while hearing sev ...Read More >
New Delhi, December 15: The 'One Nation, One Election' Bill, officially known as the Constitution (One Hundred and Twenty-Ninth Amendment) Bill, 2024, will not be tabled in the Lok Sabha on Monday. The Revised Business List of the Lower House for the day does not mention the Bill. The first list had scheduled the Bill for Monday. It mentioned, "... Arjun Ram Meghwal to move for leave to introduce a Bill further to amend the Constitution of India. Also to introduce the Bill." One Nation, One Election: Union Cabinet Approves Bills for Simultaneous Lok Sabha, State Assembly Elections, Say Source ...Read More >
The Sena UBT chief spokesperson was reacting to Rashtriya Janata Dal chief Lalu Prasad's comment that West Bengal Chief Minister and Trinamool Congress supremo Mamata Banerjee should be allowed to lead the INDIA bloc. Sena (UBT) Rajya Sabha MP Sanjay Raut on Tuesday said that his party was open to discuss if someone outside of the Congress party should lead the Opposition INDIA bloc. Speaking in New Delhi Delhi, Raut said that all the constituents of the INDIA bloc are willing to have a discuss ...Read More >
New Delhi: The Supreme Court on Friday said accelerated the trial against former West Bengal education minister Partha Chatterjee facing money laundering probe in the teacher recruitment scam, while directing his release on bail on or before February 1, 2025. The apex court's judgment came on the bail plea of Chatterjee in the money laundering case arising out of the West Bengal cash-for-jobs scam. A bench led by Justice Surya Kant and comprising Justice Ujjal Bhuyan said a suspect can be held in custody indefinitely. The apex court decided to grant bail to Chatterjee, prime accused in teach ...Read More >
New Delhi, Dec 17 (UNI) The Supreme Court on Tuesday upheld Madras High Court's November 20, 2024, order directing a CBI probe into the Kallakurichi hooch tragedy, which claimed the lives of 68 people in Tamil Nadu. A bench comprising Justice J.B. Pardiwala and Justice J. Mahadevan dismissed a special leave petition filed by the ruling DMK government, stating: "Having heard the learned Advocate General appearing for the petitioners and having gone through the materials on record, we see no good reason to interfere with the very well-reasoned judgment of the High Court." The High Court, in it ...Read More >
Kuldeep Singh Sengar is also serving a 10-year jail term in connection with the custodial death of the Unnao rape victim's father. Kuldeep Singh Sengar sought interim bail on the grounds that he was suffering from various ailments The Delhi High Court on Thursday granted a two-week interim bail on medical grounds to expelled BJP leader Kuldeep Singh Sengar who is serving life term for raping a minor in Uttar Pradesh's Unnao in 2017. A bench headed by Justice Prathiba M Singh suspended the sent ...Read More >
New Delhi, Dec 13 (PTI) The Supreme Court on Friday granted conditional future bail to former West Bengal minister Partha Chatterjee in a money laundering case related to the cash-for-job scam. A bench of Justices Surya Kant and Ujjal Bhuyan said that Chatterjee shall be released on February 1, 2025 subject to the trial court framing charges before the winter vacation and examination of vulnerable witnesses by the second and third week of January 2025. The top court said upon his release Chatterjee shall not hold any public office but can continue as MLA. The bench said that a suspect canno ...Read More >
Kolkata: BJP on Saturday criticised urban development minister Firhad Hakim over a video where the Kolkata mayor is purportedly heard making a comment on minorities. Hakim had made the comment while addressing an educational conference recently. Hakim said BJP was using his quote out of context and he was only referring to the gulf between the educated and the uneducated. "As education spreads, the gulf will be bridged and there will be one identity," said Hakim. Saying that he would never play ...Read More >