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.
Pune: The Maharashtra Anti-Terrorism Squad (ATS) on Monday morning arrested a software engineer, Zubair Hangargekar (35) from Kondhwa, on the charge of possessing literature of the banned terrorist organisation, al-Qaida. The ATS also detained Hangargekar's friend at the Pune railway station for questioning soon after the two returned from Chennai. They had gone there to attend a function."We arrested Hangargekar because his laptop, among the 19 laptops seized during the searches in the early hours of Oct 9, was found containing downloaded al-Qaida literature. Downloading such material constitutes an offence," an ATS officer, who did not wish to be named, told TOI.Apart from the 19 laptops, the ATS had seized 40 cellphones during the Oct 9 searches at multiple locations in the city. These gadgets had been sent for digital forensic analysis, the officer said. An ATS team produced Hangargekar before a city court on Monday evening. It ordered his custodial remand till Nov 4. The officer said Hangargekar held an engineering degree, and was into software testing and database development. Hailing from Solapur, Hangargekar has been working with a software company in Kalyaninagar. He is married and has two children. His brother and other family members stay in a nearby society."We are probing if Hangargekar came in contact with al-Qaida members and what he wanted to do with his connection. Also, why was he having all the literature of al-Qaida. We will question his detained friend, and check his cellphone and other electronic gadgets. We are also checking if he came in contact with any other terrorist organisation," a senior ATS officer said.The ATS conducted the searches earlier this month in connection with the ongoing investigation into a previous ISIS module case, and it was focused on suspected radicalised people. At that time, 19 people were detained. They were later released after questioning. Authorities seized documents apart from the electronic gadgets.
Katra, June 6 (UNI) Prime Minister Narendra Modi on Friday said Pakistan engineered Pahalgam terror attack to hurt Kashmir's economy and brotherhood in the country, but its evil designs failed and Indian Armed Forces hit the neighbouring country deep inside. "Pakistan attacked both humanity and Kashmiriyat in Pahalgam. Its intention was to incite riots in India and disrupt the livelihoods of hardworking Kashmiris. By attacking tourists, Pakistan aimed to damage the region's economy and peace," Modi said while addressing a massive gathering. Recalling the start of Operation Sindoor exactly a ...Read More >
Katra (Jammu and Kashmir) [India], June 7 (ANI): Jammu and Kashmir Minister Satish Sharma on Friday said that the railway bridge over the Chenab river, inaugurated by Prime Minister Narendra Modi, was a long-pending project and demand. The Minister said that the people of Jammu and Kashmir are development-oriented and that the much-awaited project would boost tourism. Speaking to ANI about the Chenab rail bridge inauguration, Sharma said a day earlier, 'Today, the Kashmir valley has been connected with the rest of the nation. This was a long-pending project and demand. I congratulate Prime M ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...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 >
Agartala (Tripura) [India], June 29 (ANI): Tripura Chief Minister Dr. Manik Saha on Saturday said that people need to be made more aware of combating cybercrime and that criminal activities should be prevented using the internet. 'Cybercrime is in such a place that it is like fighting with shadows. For this, there is a need to be more technically skilled. Along with this, people need to be more aware and alert about cybercrime. The police system should be further developed and strengthened in line with crime. And the reputation of Tripura Police should be kept intact,' he said. Chief Ministe ...Read More >
CHENNAI: Hyundai Motor Group has partnered with three Indian Institutes of Technology (IITs) to establish a collaborative research system in the fields of batteries and electrification. The three institutes are IIT Madras, IIT Delhi and IIT Bombay. The Hyundai Centre of Excellence (CoE), which will be set up on IIT Delhi campus, will operate through sponsorships from Hyundai Motor Group. The primary objective of the Hyundai CoE is to take the lead in driving advancements in batteries and electrification, specifically designed to meet the unique requirements of the Indian market. Hyundai Mo ...Read More >
Saquib Nachan, a former leader of the banned SIMI, passed away in a Delhi hospital following a brain haemorrhage. He was admitted four days prior after being arrested in 2023 during an NIA crackdown on ISIS. Nachan, an inmate at Tihar prison, was hospitalized after his health deteriorated, and doctors confirmed the haemorrhage.Saquib Nachan, a former office-bearer of the banned Students Islamic Movement of India (SIMI), died in a Delhi hospital on Saturday, days after suffering a brain haemorrhag ...Read More >
Kolkata: A two-member National Commission for Women team on Sunday visited the south Kolkata law college where a student was allegedly gang-raped last week.The team, accompanied by a videographer, was initially denied entry and asked to produce a formal order. After an hour-long discussion at the college entrance, the team, led by Archana Majumdar, was allowed in under two conditions -- no access to the crime scene and no videography permitted.The visit lasted 10 minutes. "We were denied access to the crime scene and other floors. I will include this in my report," said Majumdar, who was the f ...Read More >
Srinagar, Jun 06: Political leaders in Jammu and Kashmir have extended greetings to the people on the auspicious occasion of Eid-ul-Adha. They expressed hope that the revered occasion brings peace and prosperity to the region. Dr Farooq Abdullah National Conference (NC) president, Dr Farooq Abdullah conveyed his heartfelt greetings to the people on Eid-ul-Adha, wishing them peace, prosperity and unity. In his message, Dr Abdullah reflected on the profound significance of the day, saying, "As the Muslim Ummah comes together in celebration of Eid-ul-Azha, I extend my warmest greetings to ever ...Read More >
Jammu: Jammu and Kashmir Lieutenant Governor Manoj Sinha on Friday termed the inauguration of the Chenab and Anji rail bridges by Prime Minister Narendra Modi as a "historic moment" in the region's development journey."What a momentous day! June 6, 2025, will go down in history. Hon'ble PM Shri Narendra Modi Ji inaugurated the Chenab Bridge, the world's highest railway arch bridge, and the Anji Bridge, India's first cable-stayed rail bridge -- making the dream of connecting Kashmir to Kanyakumari a reality," Sinha said in a post on X. Sinha declared that the long-held vision of connecting Ka ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
Walmart-owned e-commerce major Flipkart is leaning heavily into social video and livestreaming to attract young shoppers who are glued to their smartphones. The move reflects a broader strategy of the company to seek long-term customer loyalty by making online shopping more immersive and interactive. Online shopping with live commerce Using videos to display and promote products has become one of the company's key new strategies, Neha Agrahari, a director at Flipkart told Bloomberg News. "Users ...Read More >
MUMBAI: Saquib Abdul Hamid Nachan, terror suspect from Padgha on the outskirts of Mumbai, died in a Delhi hospital on Saturday. Nachan was arrested by the National Investigation Agency (NIA) for his alleged links to the banned Islamic State of Iraq and Syria (ISIS) in December 2023, along with 15 other alleged ISIS members. They were picked up by the federal investigating agency during searches in Padgha, a village in Thane district, as part of a nationwide crackdown on ISIS. Nachan had been lodged in Delhi's Tihar Jail but suffered a stroke on Tuesday, when was admitted to Deendayal Upadhyay ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >
Imphal (Manipur) [India], June 8 (ANI): The Manipur government has ordered the suspension internet and mobile data services including VSAT and VPN services in five districts for five days with effect from 11:45 P.M. of June 7. The five districts are Imphal West, Imphal East, Thoubal, Kakching & Bishnupur. "In view of the prevailing law and order situation in the State of Manipur especially in Imphal West, Imphal East, Thoubal, Kakching & Bishnupur districts districts of Manipur, there is apprehension that some anti-social elements might use social media extensively for transmission serious of ...Read More >
Pune: The Pune Cyber police on Wednesday arrested Abhishek Shukla (42), an Australia-based Indian Overseas Citizen (IOC) card holder, at Mumbai international airport for allegedly duping a 40-year-old divorcee and software firm employee from Kharadi of Rs 3.6 crore in a matrimonial fraud in 2023-24. According to the police, the two came in contact with each other after the woman, a mother of two hailing from Delhi, uploaded her profile on a matrimonial website in 2023. She lodged a complaint with the police last Nov."Our team arrested Shukla from the Mumbai international airport early Wednesda ...Read More >
VIJAYAWADA: The State government on Friday accorded approvals to a slew of industries. Among those are Krishnapatnam Power Corporation Limited (KPCL), which is set to establish a 350 MW Solar and Battery Energy Storage System (BESS) in Thamminapatnam and Mommidi villages of SPSR Nellore district with a Rs 1,225 crore investment, creating 575 jobs. Furthermore, the government also waived off a Rs 54 crore extension of time fee, contingent on project completion within two years as per the Andhra Pradesh Integrated Clean Energy Policy-2024. The government also allocated 22.80 acres at MPSEZ in N ...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 >
Officials say the train will help the troubled region, but many Kashmiris see it as a tool to entrench the Indian government's control. After decades of highly complex engineering work and billions of dollars in investment, India has finally connected the Himalayan region of Kashmir by rail to the rest of the country. The train link, which was officially inaugurated on Friday, fulfilled a dream dating back to the British colonial era. Indian officials called it a transformative leap for the res ...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 >
Imphal: The Manipur government has ordered the suspension of internet and mobile data services, including VSAT and VPN, in the territorial jurisdiction of five valley districts for five days with effect from 11.45 pm on Saturday, an official statement said. The districts include Imphal West, Imphal East, Thoubal, Bishnupur and Kakching. The order followed widespread protests in Imphal East and Imphal West districts on Saturday night after the arrest of a leader of the Meitei outfit Arambai Tenggol. The protesters torched tyres and old furniture in the middle of the road in Kwakeithel and Urip ...Read More >
New Delhi, Jan 2 (PTI) Prime Minister Narendra Modi on Thursday condemned the terrorist attack in New Orleans, which has killed 15 people, and expressed condolences to the families of victims. "We strongly condemn the cowardly terrorist attack in New Orleans. Our thoughts and prayers are with the victims and their families. May they find strength and solace as they heal from this tragedy," PM Modi said on X. A driver wreaked carnage on New Orleans' famed French Quarter early on New Year's Day, as he rammed a pickup truck into a crowd before being shot to death by police, authorities said. M ...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 >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
Agartala: Tripura Chief Minister Dr. Manik Saha on Saturday said that people need to be made more aware of combating cybercrime and that criminal activities should be prevented using the internet. "Cybercrime is in such a place that it is like fighting with shadows. For this, there is a need to be more technically skilled. Along with this, people need to be more aware and alert about cybercrime. The police system should be further developed and strengthened in line with crime. And the reputation of Tripura Police should be kept intact," he said. Chief Minister Saha said this after inaugurati ...Read More >
New Delhi, Dec 12 (IANS) India's Index of Industrial Production (IIP) recorded a year-on-year growth of 3.5 per cent in October, up from 3.1 per cent in September this year, according to the data released by the Ministry of Statistics on Thursday.The industrial growth rate of the manufacturing sector, which accounts for more than three-fourths of the index of industrial production (IIP), recorded a growth of 4.1 per cent in October. The sector plays a key role in providing quality jobs to the young graduates passing out from the country's engineering institutes and universities. Within the m ...Read More >
New Delhi, June 8 Shiv Sena (UBT) MP Priyanka Chaturvedi has strongly defended India's recent global anti-terror outreach ... New Delhi, June 8 Shiv Sena (UBT) MP Priyanka Chaturvedi has strongly defended India's recent global anti-terror outreach mission across Europe, calling it both timely and necessary to expose the global threat posed by Pakistan-backed terrorism. Chaturvedi was part of the high-level All-Party Parliamentary Delegation led by BJP MP Ravi Shankar Prasad under "Operation Sindoor Outreach," which presented India's firm stance against cross-border terrorism and garnered int ...Read More >
BENGALURU: BBMP marshals deployed at lake security and supervision wing, ward monitoring and Indira Canteens are working without salaries since March. The situation has arisen after Bangalore Solid Waste Management Limited was carved out of BBMP for garbage management. Their salaries are usually given through the Ex-Servicemen Welfare Society and each marshal is paid Rs 17,500 monthly. "Supervisors say the delay is due to a set of procedures. Earlier, the amount was given to the Ex-Servicemen Welfare Society towards payments from BBMP. Now the files have to be cleared from BWSML to ward mars ...Read More >
Agartala (Tripura) [India], June 29 (ANI): Tripura Chief Minister Dr. Manik Saha on Saturday said that people need to be made more aware of combating cybercrime and that criminal activities should be prevented using the internet. "Cybercrime is in such a place that it is like fighting with shadows. For this, there is a need to be more technically skilled. Along with this, people need to be more aware and alert about cybercrime. The police system should be further developed and strengthened in line with crime. And the reputation of Tripura Police should be kept intact," he said. Also Read | B ...Read More >