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.
Bokaro: A jawan of the Indian Reserve Battalion (IRB) was shot dead near Gai Ghat in Adarsh Colony under the Chas police station area on Monday night.The deceased was identified as Ajay Yadav alias Sonu of Yaduvansh Nagar.Bokaro SP Harvinder Singh said, "The victim, who was posted in Giridih, had come home on leave for the Chhath festival."Police said preliminary investigation revealed that a heated altercation broke out between Balram Tiwari and Ajay over some reason, which is yet to be ascertained. Thereafter, Tiwari, accompanied by a few associates, went to a place near a Shiva temple on the Gai Ghat, where the victim was standing with his friends. Tiwari allegedly opened fire, hitting Ajay thrice in the abdomen. Locals took Ajay to the Bokaro General Hospital (BGH), where doctors declared him dead."A special team has been constituted to arrest Tiwari," the SP added.The accused was also booked in 2022 for stealing a police officer's motorcycle and attacking a police team when they searched his house. The accused was released from jail around three months ago, police sources said.
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 >
Bapatla (Andhra Pradesh) [India], August 1 (ANI): In a major breakthrough, Bapatla District Police have successfully cracked a sensational cybercrime case involving a gang operating fake websites across India, an official statement said. Two accused from Rajasthan were arrested for creating fake websites in the name of prominent tourist and temple destinations and defrauding people. Also Read | Anil Ambani in Trouble: ED Issues Look Out Circular Against ADAG Chairman in INR 17,000 Crore Loan Fraud Probe. The gang created a counterfeit website resembling the official site of Haritha Resorts, ...Read More >
Urging people not to "waste" their votes by supporting either the Congress, the Left Front, or Humayun Kabir's newly formed outfit, the AJUP, TMC general secretary Abhishek Banerjee on Sunday said that voting for any of the three parties would mean voting for the BJP. The TMC MP, who is considered number 2 in the party and heir apparent of Chief Minister Mamata Banerjee, was campaigning in the Muslim-dominated Naoda Assembly seat in Murshidabad district. "Voting for the Congress or Adhir Babu, ...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 >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
NEW DELHI: A political slugfest erupted after Leader of Opposition Rahul Gandhi was stopped from visiting violence-hit Sambhal in Uttar Pradesh, with the BJP accusing the Congress leader of attempting to incite communal tensions. BJP leaders criticised Gandhi's visit as a desperate political move, driven by competition with the Samajwadi Party (SP) to reclaim vote banks. Meanwhile, Congress leaders, including Priyanka Gandhi Vadra, slammed the government's actions as undemocratic and an assault on constitutional rights. BJP spokesperson Dr Sudhanshu Trivedi described the visit as a "sign of h ...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 >
Union Home Minister Amit Shah has criticized the INDIA bloc for opposing electoral roll revisions in Bihar. He stated that every infiltrator will be detected and deported. Shah accused RJD supremo Lalu Prasad of prioritizing his family's prosperity over Bihar's development. He claimed that heinous crimes have decreased under NDA rule, contrasting it with the RJD era. Union Home Minister Amit Shah on Saturday slammed the INDIA bloc for opposing the special intensive revision (SIR) of electoral ro ...Read More >
NEW DELHI: A parliamentary panel looking into the levy of user fees or toll charges on National Highways (NHs) has raised concerns over the current practice of "perpetual tolling" even after project costs are recovered and a 3% annual escalation, irrespective of the highway quality, traffic volume, or user affordability.While recommending rationalisation and substantial reduction in toll charges on such stretches, its report has also mooted a "tariff authority" for toll fixation. The Public Accounts Committee headed by Congress MP K C Venugopal said, "Any continuation of tolls beyond this poin ...Read More >
Bengaluru Stampede Probe: The Karnataka government's status report on the deadly stampede outside Bengaluru's M. Chinnaswamy Stadium lays primary blame on RCB, its event management partner DNA Entertainment Networks Pvt. Ltd, and the Karnataka State Cricket Association (KSCA), accusing them of unilaterally organising the mass public event without securing legal permission or coordinating with city authorities. The question here arises is - All To Blame But Congress Govt? Watch panel discussion on Times Now's show, Newshour Agenda with Madhavdas GK. ...Read More >
CHANDIGARH: A portion of the frontal section of Congress MLA Sukhpal Singh Khaira's house in Bholath, Kapurthala, was demolished on Monday by the office of the Block Development and Panchayat Officer (BDPO). Khaira, a strong critic of Punjab Chief Minister Bhagwant Mann, condemned the move, calling it the dangerous introduction of "bulldozer (Pila-Panja) politics" in Punjab by Mann under directions from AAP supremo Arvind Kejriwal, aimed at silencing criticism and democratic dissent. As the demolition began, Khaira went live on social media, criticising the state government. Anticipating the ...Read More >
New Delhi [India], July 13 (ANI): A fire broke out at Dwarka Radisson Blu Hotel in the national capital in the early hours of Sunday. The fire was observed in the sauna room on the second floor of the hotel, said officials, adding that no casualties have been reported. We received a call around 12:17 am that a fire broke out in the Hotel Radisson Blu. When we came here, a fire was observed in the sauna room on the second floor. The fire has been extinguished now. No casualties have been reported..., ADO Ravi Nath told ANI. On Saturday, a massive fire that broke out in a shop on the first fl ...Read More >
Prominent seers have voiced strong opposition to Samajwadi Party chief Akhilesh Yadav's alleged construction of a Kedareshwar Dham in Etawah, Uttar Pradesh, modeled after the Kedarnath shrine. Religious leaders condemn the act as a conspiracy against Sanatan Dharma, diminishing the significance of the ancient Himalayan temple. They suggest building a Shiva temple under a different name instead. Prominent seers here on Saturday opposed the alleged construction of a temple named Kedareshwar Dham o ...Read More >
Tirupati (Andhra Pradesh) [India] July 17 (ANI): In a shocking incident in Madhya Nayanapalli village of Pakala mandal, a man named Giri allegedly murdered his wife and two daughters and then attempted to take his own life. According to police reports, Giri and his wife, Hemalatha, had two daughters. In a heinous act, Giri reportedly pushed his wife and daughters into a well. A family member stated that he received a call informing him that Giri had thrown his wife and children into a well. When locals rushed to the spot, they found that Giri had tried to slit his own throat in an apparent s ...Read More >
NEW DELHI: EC on Thursday revised the rules relating to counting of postal ballots, making it mandatory for all postal ballot papers to be counted before the penultimate round of EVM/VVPATs counting is taken up.The new practice will be first implemented in Bihar where assembly polls are due in Nov.This restores the arrangement prior to May 2019, when EC had changed the guidelines to allow EVM counting to proceed regardless of postal ballot counting stage. The 2019 change did not rule out chances of EVM counting being completed before postal ballot counting. INDIA bloc had, during the 2024 elec ...Read More >
New Delhi: The Centre has asked states to take strict action on manufacturers and retailers selling sub-standard helmets to ensure the safety of two-wheeler riders. "The Department of Consumer Affairs and the Bureau of Indian Standards (BIS) appeal to consumers across the country to use only BIS-certified helmets," an official statement said on Saturday.The department also called for strict enforcement against the manufacture or sale of helmets without BIS certification, it added. "With over 21 crore two-wheelers on Indian roads, rider safety is paramount," the department said, adding that w ...Read More >
Bapatla (Andhra Pradesh) [India], August 1 (ANI): In a major breakthrough, Bapatla District Police have successfully cracked a sensational cybercrime case involving a gang operating fake websites across India, an official statement said. Two accused from Rajasthan were arrested for creating fake websites in the name of prominent tourist and temple destinations and defrauding people. The gang created a counterfeit website resembling the official site of Haritha Resorts, Suryalanka, operated by the Andhra Pradesh Tourism Development Corporation (APTDC), and used it to scam tourists, as per the ...Read More >
Prime Minister Narendra Modi expressed his grief at the death of Malhotra and lauded his contribution to public life Veteran Bharatiya Janata Party (BJP) leader Vijay Kumar Malhotra passed away at AIIMS New Delhi on Tuesday morning. He was 93. Malhotra, a five-time MP and two-time MLA from Delhi, was among the most prominent faces of the party in the capital. He was also the president of BJP's Delhi unit. PM Modi's tribute Prime Minister Narendra Modi expressed his grief at the death of Malho ...Read More >
KOLKATA: An FIR has been lodged against Hasin Jahan, the estranged wife of cricketer Mohammed Shami and Arshi Jahan, Hasin's daughter from her first marriage at Suri in Birbhum district in West Bengal. A few days ago, a conflict erupted over a plot of land in the Sonator area under ward no. 5 of Suri Municipality. The land reportedly belongs to Arshi and it is alleged that neighbor Guddu Bibi was trying to encroach that land. It is alleged that after the construction work started on the land on Friday last week, Hasin started beating up her neighbour. The locals captured the scene on camera. ...Read More >
Prime Minister Narendra Modi will be on a day's visit to Andhra Pradesh on October 16 to have a darshan of Lord Mallikarjuna Swamy at the famous Srisailam temple in Nandyal district, besides addressing a rally at Kurnool, officials confirmed on Saturday. According to the itinerary reaching the state secretariat in Amaravati, Modi will reach Kurnool airport by a special aircraft at around 10.20 am on October 16. From there, he will travel by road to Srisailam, reaching the Bhramaramba Guest House ...Read More >
Kolkata: A day after DGCA ordered checks on fuel control switches of Boeing aircraft based on a Special Airworthiness Information Bulletin (SAIB) NM-18-33 issued by US regulator Federal Aviation Authority in Dec 17, 2018, an Airworthiness Directive (AD) issued by FAA on Sept 19, 2015, on fuel shutoff valves has come to light.This AD, which required mandatory compliance, was flagged again a month later by UK Civil Aviation Authority (CAA), which issued a safety notice requiring airlines to check fuel shutoff valves on Boeing aircraft. It mentioned that while fuel shutoff valves on aircraft, inc ...Read More >
Thiruvananthapuram: Judicial first class magistrate court in Ranni on Friday remanded Unnikrishnan Potti, the key accused in the Sabarimala gold theft case, to the custody of the special investigation team (SIT) until Oct 30.Potti, who was taken into custody on Thursday from his residence at Pulimath, was subjected to several hours of interrogation at the crime branch headquarters in Eanchakkal before being formally arrested early Friday morning -- marking the first arrest in the case. He was lat ...Read More >