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, October 27: How many bank holidays are there in November 2025? When will banks remain closed in November? If you're looking for answers to such questions and want to know more about bank holidays in the upcoming month, then we have got you covered. In November 2025, banks will stay shut for business for a total of 11 days. According to the Reserve Bank of India (RBI) holiday list for November, the 11 days of bank holidays also include regional festivals, the second and fourth Saturdays and all Sundays of the month. As per the RBI bank holiday list, banks will remain closed on Saturday, November 1, for Kannada Rajyothsava and Igas-Bagwal. Notably, banks will observe closure in Bengaluru and Dehradun only, with physical banking remaining open across all other cities in India on that day. The next designated bank holiday is on Wednesday, November 5, when banks will stay shut for Guru Nanak Jayanti, Kartika Purnima and Rahas Purnima. Gazetted Holidays 2025 Full Calendar: Check Public and Bank Holiday Dates for Central and Government Office in India. The November 5 bank holiday applies to Aizawl, Belapur, Bhopal, Bhubaneswar, Chandigarh, Dehradun, Hyderabad, Itanagar, Jaipur, Jammu, Kanpur, Kohima, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar. RBI has declared Friday, November 7, as a bank holiday in Shillong for the Wangala Festival. The last designated bank holiday is on Saturday, November 8, for the Kanakadasa Jayanthi, which will be celebrated in Bengaluru. In addition to these RBI-designated holidays, banks will also stay shut for business on November 8 and November 22 on account of the second and fourth Saturdays of the month and on November 2, 9, 16, 23 and 30 on account of weekend holiday (Sundays). Customers must remember that banks remain closed on the second and fourth Saturdays of the month and all Sundays nationwide unless the RBI or local branches of respective banks reverse the holiday. Hindu Festivals Calendar 2025: Know Dates of Holi, Chaitra Navratri, Durga Puja, Ganesh Chaturthi, Diwali and Other Major Festivals in India. On days when physical banking will remain closed, people can use digital banking services such as internet banking, UPI, ATMs, NEFT, RTGS, among others, to pay bills and complete pending transactions, if any. Bank customers can plan their banking work keeping in mind the RBI-designated bank holidays in November 2025.
Mumbai, Sep 5 (PTI) The car makers are expected to see a pent-up demand over the next two months, and the industry may perform better than projected earlier this fiscal due to GST rate rationalisation, which will make small cars cheaper, Stellantis India business head and director for automotive brands Kumar Priyesh said on Friday. He also said that building local R&D, manufacturing, supply chain, and localised products has helped the group's Citroen brand keep its vehicle prices accessible for customers. Earlier, Citroen India announced the debut of its Basalt X Range, with all-new interior ...Read More >
Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a ₹10 lakh insurance policy, ₹1 lakh for daughters' marriages, a biannual ₹2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.Ahead of crucial Delhi assembly polls, Arvind Kejriwal promised several measures for auto dri ...Read More >
Pune: Pashan resident Kushagra Agarwal rushed to the jewellers last week as soon as gold prices reduced slightly, to Rs 95,784 per 10g, as he had to buy gold for his son's wedding. With a Rs 3,000 to Rs 4,000 per 10 g reduction in the price of gold, jewellers expect many other residents in the city to walk into stores in the coming days. The gold industry has been struggling to find buyers over the last six months as prices have been consistently rising. The price of gold, which was hovering around the Rs 1 lakh mark last month for 10g, is now trading at Rs 96,800/10g grams, excluding GST. Aga ...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 >
New Delhi [India], July 12 (ANI): Commercial Pilot and Bharatiya Janata Party (BJP) leader Rajiv Pratap Rudy on Saturday said that the deployment of Ram Air Turbine (RAT) and the start of Auxiliary Power Unit (APU) operations in the crashed Air India flight 171 indicates towards engine failure. "It's a preliminary report. In the first stage report, the government is coming out with the facts of what happened inside the aircraft. The facts are that the aircraft ran up to a speed that is required for takeoff, which is called the rotation speed. It lifted from the ground. It went up to the speed ...Read More >
New Delhi: Banking services in India may be unavailable on certain days this week due to a series of public holidays observed in various states. From August 13 to August 17, 2025, several banks will remain closed on different days, depending on regional holidays. The closures begin with Patriot's Day in Manipur on August 13, followed by Independence Day on August 15 and Janmashtami on August 16, leading into the regular Sunday holiday on August 17. Customers may wish to plan their banking activit ...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 >
Bengaluru (Karnataka) [India], August 28 (ANI): Janata Dal (Secular) leader Nikhil Kumaraswamy on Thursday stated that other options could have been considered rather than inviting Booker prize winner Banu Mushtaq to inaugurate the upcoming Mysuru Dasara festival in 2025. We have no issues that one Muslim lady will be inaugurating the Dasara festival. One thing that recently took place regarding Thayi Bhuvaneshwari, who has expressed certain reservations...There are videos.. There are many other people who are great achievers. Perhaps you (the state government) could have considered other opt ...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 >
Bank holidays in India vary from one region to another. They differ from one state to the next and are often influenced by local festivities, religious events, and regional festivals. Many people in India are unsure about bank holidays. Reserve Bank of India states banks are closed on the second and fourth SaturdaysWith a busy work schedule, many individuals push their bank related work to Saturday to visit the branch and finish transactions. However, it is always confusing to know if this Saturd ...Read More >
New Delhi, August 3: The government on Sunday termed "untrue" a WhatsApp message that claimed the Reserve Bank of India (RBI) had ordered banks to cease issuing Rs 500 notes via ATMs by September 30, saying no such instruction has been issued. The deceptive message also claims that 90 per cent of ATMs will cease issuing Rs 500 notes by March 31, 2026, and 75 per cent will do so by September 30. Additionally, it advises people to begin "liquidating" their Rs 500 notes and implies that only Rs 100 and Rs 200 notes will be accessible through ATMs in the future. Did RBI Order Banks To Stop Dispen ...Read More >
Chennai: Union Finance Minister Nirmala Sitharaman on Sunday said that the Goods and Services Tax (GST) reforms have reduced the tax burden on people. Addressing the Joint Conclave of Trade and Industries Association - 'Tax Reforms for Rising Bharat' in Chennai, she explained that the four-tier GST structure has now been simplified to just two slabs. Union Finance Minister Nirmala Sitharaman's Statement "Earlier, GST had four categories. Now, we have simplified it into two slabs - 5 per cent and 18 per cent. Items that were taxed at 12 per cent and 18 per cent have largely been moved to the ...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 >
The shooting of the Telugu film 'The Paradise' began on June 21Actor Nani joined the Hyderabad set on SaturdayA 40-day shooting schedule is underway featuring lead cast The shooting of Telugu actor Nani and director Srikanth Odela's The Paradise' commenced on June 21. The actor joined the team on Saturday in Hyderabad. The makers of 'The Paradise' announced the latest development with a photo of the actor from the movie sets. 'The Paradise' has been making headlines ever since it was announced. ...Read More >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many claim they first learned of the revised fees only while trying to pay through the university's online ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >
CHENNAI: Union Finance Minister Nirmala Sitharaman on Sunday said over 90% of items in the 18% GST slab and 99% of goods in the 12% slab have been shifted to the 5% bracket under the recent tax reforms. She added that moving towards a two-slab system of 5% and 18%, along with reducing tax rates on a majority of items, would positively impact all 140 crore Indians. She was speaking at Tax Reforms for Rising Bharat, an event organised by the Joint Conclave of Trade and Industries Association. Though Prime Minister Narendra Modi had earlier announced that the reforms would be rolled out before D ...Read More >
New Delhi, Dec 18 (PTI) Reliance Nippon Life Insurance, a subsidiary of debt-ridden Reliance Capital (RCAP), has initiated talks with IndusInd Bank for bancassurance partnership as the IIHL and RCAP deal has reached the final lap. Mauritius-based IndusInd International Holdings Ltd (IIHL), the parent entity of IndusInd Bank, won the bid to acquire RCAP and entities under it. Also Read | Cancer Vaccine Ready for Use, Announces Russia; What Is the Cost? How Effective Is It? When Will It Be Available?. "IIHL and Japan-based Nippon Life have struck a good understanding and they are absolutely c ...Read More >
New Delhi [India], June 8 (ANI): Haryana Chief Minister Nayab Singh Saini said that with cleanliness and yoga, the country will move towards realising the dream of 'Viksit Bharat' at a fast pace. Preparations for International Yoga Day 2025 have begun with the launch of a cleanliness campaign on May 27, and daily yoga classes are underway for the grand event on June 21. CM Saini said, 'When Prime Minister Narendra Modi proposed the idea of Yoga at the United Nations, 177 countries agreed. Today, Yoga, derived from our land, has reached everyone globally. The Prime Minister has worked to spre ...Read More >
Mumbai (Maharashtra) [India], August 3 (ANI): In a major crackdown on narcotics smuggling, officers of the Airport Commissionerate, Mumbai Customs Zone-III, have seized 14.738 kgs of suspected NDPS hydroponic weed (marijuana) valued at approximately Rs 14.73 crore during operations on Sunday. The seizures were made across Chhatrapati Shivaji Maharaj International Airport (CSMI), resulting in the arrest of one passenger, as stated in the press release. The passenger was arrested under the provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. Based on specific intel, ...Read More >
Kolkata: Tourism to Nepal is likely to take a major hit with uncertainty prevailing ahead of the festive season, including Durga Puja and Diwali, as the Himalayan country faces political unrest. Around 51 people have died and over 1700 have been injured in related violence. "The incidents (caused by political or social restlessness) happening in Nepal are called physical factors in tourism, which become the first barrier to promote tourism. It takes a long time for the impact to get reduced. Both foreigners and Indians travelling to Nepal will be highly impacted if the situation continues li ...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 >
Srinagar, Jul 3 (PTI) The annual Amarnath Yatra began on Thursday with the first batches of pilgrims setting off from the twin base camps in Baltal and Nunwan towards the 3880-metre-high cave shrine in the south Kashmir Himalayas, which houses a naturally formed ice-lingam, officials said. The yatra started early morning from the twin tracks -- the traditional 48-km Nunwan-Pahalgam route and the 14-km Baltal route. The batches of pilgrims, including men, women and sadhus, left from the Nunwan base camp in Pahalgam, in south Kashmir's Anantnag, and Baltal base camp in Sonamarg area of central ...Read More >
New Delhi: If you're planning a bank visit this weekend, here's something you should know: Saturday, July 12, 2025, falls on the second Saturday of the month. All banks across India will remain closed on the second and fourth Saturdays, as per the Reserve Bank of India (RBI) holiday calendar. So, if you have any important banking tasks it's best to get them done before the weekend. Since it's the second Saturday of the month, all banks across India will remain closed as per the RBI's holiday schedule. - July 13 (Sunday): Banks will be closed nationwide. - July 14 (Monday): Holiday in Meghal ...Read More >
Mumbai (Maharashtra) [India], August 14: Medulla Communications Pvt. Ltd., one of the world's most awarded healthcare-specialist advertising agencies, has announced the launch of its new hub in Singapore. With over 15 years of experience in solving complex healthcare challenges, Medulla is now looking to create a super-specialist category as the first digital healthcare advertising agency in Asia. New Hub to Deliver Scalable, Specialist Healthcare Marketing Solutions Across APAC. Also Read | New Cheque Clearing System: Banks To Clear Cheques Within Few Hours Starting October 4, Announces RBI. ...Read More >
Bengaluru (Karnataka) [India], August 28 (ANI): Janata Dal (Secular) leader Nikhil Kumaraswamy on Thursday stated that "other options" could have been considered rather than inviting Booker prize winner Banu Mushtaq to inaugurate the upcoming 'Mysuru Dasara' festival in 2025. "We have no issues that one Muslim lady will be inaugurating the Dasara festival. One thing that recently took place regarding Thayi Bhuvaneshwari, who has expressed certain reservations...There are videos.. There are many other people who are great achievers. Perhaps you (the state government) could have considered othe ...Read More >
Chennai: As high as 99% of all the goods which were earlier in the 12 per cent GST bracket have now been brought down to the 5 per cent GST bracket, Finance Minister Nirmala Sitharaman said Sunday. She made the remarks while addressing a joint conclave of the Trade and Industries Association, titled 'Tax Reforms for Rising Bharat' in Chennai, Tamil Nadu. The sweeping GST rationalisation and reforms unveiled after the GST Council meeting on September 3, once implemented, are expected to bring about a massive change across the country, directly impacting India's 1.4 billion citizens. The tax cu ...Read More >
New Delhi, Jul 12 (PTI) There is a need to further ascertain why the engines of the Air India flight 171 shut down soon after the plane took off, BJP MP Rajiv Pratap Rudy said on Saturday, noting that the pilots might have turned the fuel switches off and on within a fraction of a second to re-start the engines after they flamed out. Talking to reporters here, Rudy, himself a commercial pilot, said a preliminary report of the Aircraft Accident Investigation Bureau (AAIB), released on Saturday, has pointed out that when the plane crashed, the fuel switches were in the "run" position, which mea ...Read More >
Reasi (Jammu and Kashmir) [India], July 12 (ANI): A suspected foreign national was apprehended by a team Jammu and Kashmir's Katra police for illegally entering Indian territory without valid travel documents, officials said on Saturday. According to officials, on July 11, during a flying squad deployment, the police party from Police station Katra, under the leadership of Station House officer Kyatimaan Khajuria, was performing routine checking duties. Also Read | Did RBI Order Banks To Stop Dispensing INR 500 Notes From ATMs by September 2025? PIB Fact Check Debunks Fake News Message Going ...Read More >