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.
The Society of Indian Law Firms (SILF) inaugurated its new office and Dispute Resolution Centre in Delhi, heralding a landmark in India's legal landscape. Spearheaded by President Lalit Bhasin, the facility aims to enhance legal education, innovation, and pro bono dispute resolutions, reflecting India's global legal ambitions. The Society of Indian Law Firms (SILF) has made a significant stride in the realm of legal excellence with the inauguration of its new office and Dispute Resolution Centre
NEW DELHI, July 2: In a significant move aimed at reducing pension-related legal disputes and ensuring swifter justice for India's growing population of retired Government employees, Union Minister Dr. Jitendra Singh today , while chairing the first-ever "National Workshop on Pension Litigation" organised by the Department of Pension & Pensioners' Welfare at Vigyan Bhawan here, said that in no case should the vital energies of our elder citizens be allowed to be consumed inconsequentially for avoidable reasons because they may be "retired from Government service but not retired from service to ...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 >
The bench posted the matter for further hearing on August 14. ShowQuick Read Summary is AI-generated, newsroom-reviewed * The Supreme Court asked a private group to seek government permission to travel to Yemen for negotiations * Execution of Kerala nurse Nimisha Priya, convicted of murder, has been stayed in Yemen * Efforts are ongoing to persuade the victim's family to pardon Ms Priya under Shariat Law Did our AI summary help? Let us know. New Delhi: The Supreme Court on Friday asked a ...Read More >
The Indian government is reinforcing creative freedom by maintaining strict regulations on OTT platforms through the IT Rules, 2021. Union Minister Ashwini Vaishnaw emphasized safeguards against harmful content while promoting the AVGC-XR sector. The Indian Institute of Creative Technologies aims to bolster industry skills with global partnerships. The Central Government on Wednesday renewed its pledge to protect creative freedom, highlighting regulations for Over-The-Top (OTT) platforms enforce ...Read More >
New Delhi [India], August 14 (ANI): Indian Olympic Association (IOA) vice-president Gagan Narang on Wednesday hailed the National Sports Governance Bill 2025, calling it a landmark decision that had been pending for years. The Rajya Sabha passed the National Sports Governance Bill and the National Anti-Doping (Amendment) Bill, 2025, on Tuesday, a day after the Lok Sabha cleared it. Speaking to ANI, Gagan Narang said, It has been a landmark decision. I think this has been long pending. A lot of athletes and administrators look forward to some good times coming forward from the sports administ ...Read More >
New Delhi [India], September 27 (ANI): The Central Government has decided to extend the tenure of Senior Advocate R. Venkataramani R as the Attorney General for India for another two years, beginning October 1, 2025. According to a notification issued by the Ministry of Law and Justice, "The President of India has re-appointed R. Venkataramani, Senior Advocate, as Attorney General for India for a further period of two years with effect from 01.10.2025." Venkataramani, a seasoned legal expert with more than 40 years of professional experience, was originally appointed to the post in October 2 ...Read More >
NEW DELHI: Recognizing the potential and challenges of AI, the Government of India constituted an advisory group, chaired by Principal Scientific Advisor Prof. Ajay Kumar Sood, to undertake the development of an 'AI for India-Specific Regulatory Framework'. Under the guidance of the Advisory Group, a sub-committee on 'AI Governance and Guidelines Development' will provide actionable recommendations for AI governance in India. The sub-committee's report on AI Governance, now published for public consultation, aims to guide the development of a trustworthy and accountable AI ecosystem in India. ...Read More >
New Delhi, June 6 (SocialNews.XYZ) Tim Curtis, Director, UNESCO Regional Office for South Asia, has underscored the importance of adopting an 'ethics-by-design' approach to AI development, noting that true inclusivity requires not just functionality but the integration of core ethical values from the outset. He also reaffirmed UNESCO's support for India's vision of an AI ecosystem that is inclusive, transparent, and grounded in trust. Abhishek Singh, Additional Secretary, MeitY and CEO, IndiaAI Mission, highlighted India's balanced, pro-innovation approach to AI aimed at building AI in India ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
New Delhi: A 90-day nationwide mediation campaign to resolve pending disputes across courts -- from district courts to high courts -- will begin on July 1, the Supreme Court's mediation and conciliation project committee (MCPC) and the national legal services authority (NALSA) announced on Thursday. The campaign, Mediation for the Nation, will be organised under the guidance of Chief Justice of India (CJI) Bhushan R. Gavai, patron of NALSA, along with NALSA executive chairman and senior Supreme Court judge, Justice Surya Kant. A release issued by the Supreme Court said that the pan-India cam ...Read More >
NEW DELHI: In a significant move aimed at reducing pension-related legal disputes and ensuring swifter justice for India's growing population of retired government employees, Union Minister Dr. Jitendra Singh on Wednesday, while chairing the first-ever "National Workshop on Pension Litigation" organised by the Department of Pension & Pensioners' Welfare at Vigyan Bhawan here, said that in no case should the vital energies of our elder citizens be allowed to be consumed inconsequentially for avoidable reasons because they may be "retired from government service but not retired from service to t ...Read More >
Hyderabad (Telangana) [India], September 8: In a significant step towards strengthening Australia-India cooperation in the field of Artificial Intelligence (AI), Deakin University, Australia, and the Department of Information Technology, Electronics and Communications (ITE&C), Government of Telangana, have signed a Letter of Intent to collaborate on mission-driven AI innovation aligned with public good and digital economy goals. Deakin University, Australia, is ranked among the top 1 of universities worldwide, with over 30 years of engagement in India across academia, industry, and government ...Read More >
NEW DELHI: India accounts for 17% of the world's population and 20% of the global disease burden, yet fewer than four percent of international clinical trials are conducted in the country. This gap means Indian patients often wait years after global approvals to access breakthrough therapies. Now, a new initiative, aligning it with Central Drugs Standard Control Organisations (CDSCO) priorities to boost participation of government sites in Phase 3 and 4 trials, has trained nearly 400 professionals, including investigators, ethics committee members and support staff to meet the global Good Cl ...Read More >
Nimisha is currently locked up in a prison controlled by the Houthi administration in Yemen's capital Sana'a. The execution of an Indian nurse, Nimisha Priya, convicted in the murder of Yemeni citizen Talal Abdo Mehdi in 2018, which was set to be carried out on July 16, was postponed. According to reports, the Kerala nurse's execution was halted by the authorities in Yemen. However, the fresh date for her execution was not immediately known. Hectic parleys were on to delay the sentencing. The ...Read More >
Thiruvananthapuram: State IT Mission, in collaboration with Kerala Startup Mission (KSUM), invited artificial intelligence (AI) solutions that address real-world governance challenges identified by various departments under the 'K-AI Initiative: AI for Governance' programme.Innovators, students, researchers and startups can submit AI-based governance solutions that can be leveraged by various governing bodies of state govt. A flagship initiative aimed at accelerating the adoption of AI solutions across govt departments, Kerala AI (K-AI) envisions a collaborative ecosystem where emerging techno ...Read More >
New Delhi, Sep 29 (PTI) Over 200 million Indians have been diagnosed with mental health conditions but do not receive adequate care, leading to a treatment gap as high as 95 per cent in some areas, according to a mental health advocacy group. The India Mental Health Alliance (IMHA), an umbrella body of over 200 member organisations, which hosted its inaugural national convening on Monday here, highlighted that his impact goes beyond individuals to families, communities, and even affects the country's economy. According to the World Health Organisation, the estimated economic losses for India ...Read More >
New Delhi, Jun 5 (PTI) Chief Justice of India B R Gavai on Thursday said India has continuously aspired to become a hub of international arbitration by building a progressive legislative framework, a pro-enforcement judiciary and robust institutional support. In his keynote address on "Arbitrating Indo-UK Commercial Disputes" as part of the London International Disputes Week, the CJI said India and the United Kingdom shared a rich history, bound by a common legal heritage rooted in the principles of common law. He referred to the July 2018 memorandum of understanding signed between India and ...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 >
Justice Surya Kant highlighted delays in arbitration, undermining its intended swiftness, during the Delhi Arbitration Weekend. He stressed the need for quality, consistent arbitral awards to enhance India's global standing as a preferred arbitration seat. Justice Kant also emphasized the importance of independence, integrity, and minimal judicial intervention in the arbitration process. Supreme Court judge Justice Surya Kant on Sunday flagged the issue of delay in arbitration, saying what was o ...Read More >
Hyderabad (Telangana) [India], July 4 (ANI): Congress chief Mallikarjun Kharge on Friday came down heavily on the Rashtriya Swayamsewak Sangh (RSS) over its pitch to reconsider the words 'secular and socialist' from the Preamble of the Indian Constitution while saying that it was 'all talk'. He dared and challenged RSS General Secretary Dattatreya Hosabale and top leaders of the ruling Bharatiya Janata Party (BJP) in the centre to remove the words 'secular and socialist' from the Preamble. 'Days before, I heard that some RSS person said that we should remove Secular and Socialist words from ...Read More >
Imphal: A total of 298 cases were successfully resolved during the third National Lok Adalat of 2025, with settlements amounting to Rs 4,69,31,411. The event, held on Saturday, took place across all District Courts and the High Court of Manipur, officials confirmed on Sunday. Ready for a challenge? Click here to take our quiz and show off your knowledge! A total of 3,595 cases, including both pre-litigation matters and pending civil cases, were up for resolution during the Lok Adalat. These cases covered a range of disputes, such as matrimonial issues, bank recovery cases, Motor Accident C ...Read More >
PRNewswire Hyderabad (Telangana) [India], September 8: In a significant step towards strengthening Australia-India cooperation in the field of Artificial Intelligence (AI), Deakin University, Australia, and the Department of Information Technology, Electronics and Communications (ITE&C), Government of Telangana, have signed a Letter of Intent to collaborate on mission-driven AI innovation aligned with public good and digital economy goals. Deakin University, Australia, is ranked among the top 1% of universities worldwide, with over 30 years of engagement in India across academia, industry, a ...Read More >
New Delhi, Jun 5 (PTI) India has always led in developer talent and now has a strong opportunity to lead in AI talent, OpenAI Global Chief Strategy Officer (CSO) Jason Kwon said on Thursday as the ChatGPT-maker launched OpenAI Academy in partnership with IndiaAI Mission. In an interview to PTI, Kwon said that India - which has the second largest number of ChatGPT users - is among the most important countries for OpenAI in terms of engagement. India has always had the "ingredients to succeed", he noted. OpenAI, he pointed out, is eyeing partnerships that will help build the future of AI infra ...Read More >
New Delhi, Jun 26 (PTI) The National Legal Services Authority (NALSA) and the Supreme Court's Mediation and Conciliation Project Committee (MCPC) will have a 90-day long "For the Nation" mediation campaign starting July 1 to settle pending cases. The pan-India mediation campaign would continue till September 30, 2025. Also Read | Udhampur Encounter: 1 Terrorist Killed in Gunfight With Security Forces in Jammu and Kashmir. "Mediation 'For the Nation' campaign is being launched across India to settle the pending cases and make people believe that mediation as a mechanism for dispute resolutio ...Read More >
MUMBAI: Tata Power, the utility arm of the Tata Group, plans to contest the $490 million (Rs 4,200 crore) verdict handed down by the Singapore arbitral tribunal. The ruling stems from alleged breaches of confidentiality agreements with investment firm Kleros Capital Partners concerning a potential coal mining project in Russia. At Tata Power's annual shareholder meeting on Friday, chairman N Chandrasekaran said: "The company is reviewing the contents of the July 1 arbitration award and is discussing with lawyers. It will look at all options, including challenging the decision." He emphasised, ...Read More >
Union Secretary for Electronics and Information Technology (IT) S. Krishnan said on Monday (December 9, 2024) that as India's Internet grows further, investments in reliability would be required. "Yesterday, I was walking through Old Delhi, and if you look up and see the kind of cables carried along the sides of the roads, along the streetlights and lampposts, you wonder, is this what we are relying on?" he said, adding, "It's worse than a spaghetti bowl of cables." Mr. Krishnan said the Interne ...Read More >
New Delhi [India], July 1 (ANI): As the Digital India Mission completed 10 years on Tuesday, BJP leader Pradeep Bhandari drew contrast between the BJP and the opposition bloc and said that while the INDI Alliance is associated with 'corruption and nepotism,' the Modi government is associated with the model of development. The BJP leader praised the central government for the success of Digital India and stated that the country now accounts for 50 per cent of global financial transactions, a testament to Prime Minister Modi's development model. Addressing a press conference here on Tuesday, P ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health department has urged district administrations to issue a public advisory on JE prevention measures and to i ...Read More >
In early trade today, several stocks experienced declines, with SBI leading the losses on the Nifty 50. At 09:30 am, SBI was trading at Rs 820.70, a 0.36% fall from its previous close. Other notable losers included SBI Life Insurance and Titan Company. SBI Life Insurance was trading at Rs 1,809.80, down by 0.24%. Titan Company was also down, trading at Rs 3,579.10, which represents a 0.14% decrease. Bajaj Finserv and TATA Cons. Prod experienced similar declines. Here's a detailed look into the ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The on-chain ecosystem of Ethereum has recently been rocked by a wave of scams and rug pulls, creating a period that many are describing as a bloodbath. While the underlying technology of the ETH blockchain remains robust and secure, the sheer volume of malicious projects and deceptive schemes is taking a significant toll on retail investor confidence. The Ethereum on-chain ecosystem has been plagued by scams and rug pulls, resulting in significant financial losses and, more im ...Read More >