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.
Kochi, Dec 1 (PTI) The son of a Bengaluru native, whose suspected body was found in a forested area near the HMT premises here, alleged on Monday that his father's death was due to the negligence of Ernakulam Government Medical College authorities. The Kerala High Court sought a report from the police. Santon told reporters that Suraj Lama (59), who suffered from memory loss, would not have died had they not discharged him. Lama, who ran a restaurant in Kuwait, reportedly developed memory impairment following methanol poisoning and was deported in early October. He arrived at Kochi airport on October 5 and was admitted to Ernakulam Medical College in Kalamassery. However, he went missing after being discharged from the hospital on October 10. Santon, who reached Kochi and searched for his father, later filed a habeas corpus petition in the Kerala High Court, which directed the police to form a special investigation team to locate the missing man. Police officials said CCTV footage showed Lama was last seen near the HMT area, and a search led to the recovery of a decomposed body. The clothing recovered matched what Lama was last seen wearing, they said. "My brother saw the body -- it is beyond recognition. I saw the photograph. We cannot identify him," Santon said, adding that they will wait for DNA confirmation. He alleged that the hospital acted irresponsibly in discharging his father despite knowing his condition. "I have a medical certificate from the Kuwait government stating that my father is mentally challenged. How can the hospital say he requested discharge? How did they let him go in that condition," he asked. He said the body has now been taken to the same Medical College for further formalities. "I will move the High Court seeking to shift the procedures elsewhere. I want a second medical opinion before any conclusion," he said. Santon also criticised immigration officials and airport authorities for allegedly failing to notice his father's mental condition upon arrival. "Nobody cared. How come an Indian citizen is treated like this? We are from a freedom fighters' family," he said. Maintaining that the police tried their best, he said searches were conducted earlier in the same region with dog squads based on the High Court's direction. "But the body was found just a short distance away from where we checked," he said. Medical College authorities said the allegations would be examined, and all admission and discharge records would be verified. Meanwhile, the Kerala High Court sought a report from the police regarding the body recovered. The division bench of Justices Devan Ramachandran and M B Snehalatha said it was "disturbing news" that a decomposed body was found. "At this time, we can only hope and pray that the body found is not that of the 'alleged detenue'," the court observed. The court said the pain of Santon and his family is reflected on it as well and that the suffering is unbearable and lasting for life. It said it has to know how Lama came to the medical college, how he was discharged, and in what manner. "This information is vital because it is the specific case of the petitioner that his father -- the 'alleged detenue' -- is cognitively impaired on account of some accident abroad, and that it is only because of this that he was, in fact, sent back to India," the court noted. According to the bench, the fact that the body was found in a marshy area within the municipality/corporation limits and remained undetected for a month or so is a matter of serious concern. "The police will have to inform us why such areas are kept unsupervised. We want information about this also on the next posting date," the court said. Referring to Santon's counsel's submission that authorities had not been active in the search from the beginning, the court said that this issue will also be examined once full information about Lama is before it. The police were asked to file a report clarifying whether the body recovered belonged to Lama. "Since we recognise the urgency involved, we direct the police to make sure that all reports with respect to the body now recovered are settled and made available to us by the next posting date," the court ordered. The petition will be considered again on December 4. PTI TBA TBA KH
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 >
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 Enforcement Directorate (ED) on Friday carried out searches at 15 places in Mumbai and Kochi in connection with the Mithi River desilting scam that caused a wrongful loss of more than Rs 65 crore to the Brihanmumbai Municipal Corporation (BMC), official sources said. The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities. According to the sources, the searches are being carried out under the provisions of the Prevention of Money Laundering Act (PMLA) at locat ...Read More >
Bengaluru, June 6 (PTI) Karnataka State Cricket Association (KSCA) President Raghu Ram Bhat and a few other office bearers moved the Karnataka High Court on Friday seeking to quash the FIR filed against them in the Chinnaswamy stadium stampede case. Police on Thursday registered an FIR against RCB, event management firm DNA entertainment private limited, and Karnataka State Cricket Association (KSCA). Karnataka Chief Minister Siddarmaiah too on Thursday had instructed the state DGP and IGP to immediately arrest the representatives of RCB, DNA entertainment and KSCA in connection with the sta ...Read More >
New Delhi: In an open letter sharply condemning the detention and alleged expulsion to Bangladesh of a number of people declared foreigners by tribunals in Assam as a violation of their rights, a group of activists, lawyers and academics has urged the government to stop such expulsions and allow the return of those sent across the border. Dozens of those expelled to Bangladesh reportedly have appeals against their declaration as foreigners pending in the Supreme Court, the letter noted. "Pushbacks," said the letter using the term being used by the government for these expulsions, "fall on the ...Read More >
Bengaluru: Another FIR has been registered against RCB, event management firm DNA Entertainment Private Limited and Karnataka State Cricket Association (KSCA) over the stampede near Chinnaswamy stadium that claimed the lives of 11, police said on Friday. The FIR was registered at Cubbon Park police station under section 125 (a) (act endangering life and personal safety of others) of the Bharatiya Nyaya Sanhita, based on a complaint by victim Rohan Gomes on June 5, they said. RCB, DNA entertainment private limited and KSCA administration have been named as accused in the case, police said. C ...Read More >
Lakhimpur Kheri, December 3: Talent knows no boundaries. A testament to this is 28-year-old Muneer Khan from Lakhimpur Kheri in Uttar Pradesh, whose innovations and technical skills have gained him global recognition. From a 'smart water bottle' to 'smart soil testing device,' and more recently, 'AI-enabled eye-glasses,' what makes his innovations stand out is their ability to improve everyday convenience for ordinary people. Born in a humble and poor family in Kheri's Gauriya village, Muneer lost his father when he was just one year old. His four older brothers and mother worked tirelessly t ...Read More >
Mumbai: The death toll in Monday's BEST bus crash rose to seven and the number of injured to 42 even as the driver, Sanjay More, booked for culpable homicide not amounting to murder, claimed he had noticed a spark and mistakenly accelerated the bus instead of applying brakes. Seeking More's custody, police said they want to investigate if he intentionally used the vehicle as a weapon. The bus on Route 332 had accelerated on a congested 200m stretch near Kurla station hitting vehicles and pedestr ...Read More >
Mumbai: The Bombay High Court has raised concern over terminally ill prisoners languishing in Maharashtra's jails and asked the state govt to consider proper implementation of an advisory on grant of medical bail or to place them in house arrest. A division bench of Justices Revati Mohite Dere and Prithviraj Chavan on Monday said they visited the Yerwada central prison in Pune on Sunday and met with prisoners, particularly women inmates, and inspected the condition there. The bench referred to a ...Read More >
Chandigarh, Feb 10 (SocialNews.XYZ) In a major crackdown on fraudulent immigration consultants exploiting innocent individuals, the Special Investigation Team (SIT) constituted by the Punjab Police on Monday said it has taken action to dismantle the multinational human trafficking nexus operating in the region. This action pertains to the Indians who had been deported from the US and had landed in Amritsar. Punjab Police has recorded statements against travel agents who defrauded them with false promises of illegal entry into the US. Acting on complaints from victims, Punjab Police have regi ...Read More >
Bengaluru, Jun 5 (PTI) Karnataka Chief Minister Siddaramaiah on Thursday ordered the suspension of Bengaluru police commissioner and several senior police officials in connection with the stampede in front of Chinnaswamy Stadium here, which left 11 people dead. He has also ordered the arrest of representatives of RCB, DNA event managers and Karnataka State Cricket Association (KSCA), while handing over the probe to the one-man judicial commission headed by retired High Court judge of Karnataka Justice Michael Cunha. The stampede occurred on Wednesday evening in front of the stadium, where a ...Read More >
Itanagar: The Arunachal Pradesh govt has launched a statewide crackdown to detect and deport illegal Bangladeshi immigrants, an official said on Thursday.Acting on directives issued by the Union ministry of home affairs (MHA), the state has instructed all districts to immediately constitute district task forces (DTFs) to identify undocumented immigrants and ensure strict enforcement of Inner Line Permit (ILP) provisions.The decision was taken at a high-level meeting chaired by advisor to home minister Mutchu Mithi and DGP Anand Mohan on Wednesday. The meeting was attended by senior police offi ...Read More >
AMRITSAR, India (AP) -- A U.S. military plane carrying 104 deported Indian migrants arrived in a northern Indian city on Wednesday, the first such flight to the country as part of a crackdown ordered by the Trump administration, airport officials said. The Indians who returned home had illegally entered the United States over the years and came from various Indian states. The move came ahead of Indian Prime Minister Narendra Modi's visit to Washington, which is expected next week. U.S. President Donald Trump and Modi discussed immigration in a phone call last week and Trump stressed the impo ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
Panaji, Dec 10 (PTI) Karachi-born Shane Sabastian Pereira entered India to live in his ancestral village in Goa just four months after his birth, but it has taken him 43 years to obtain Indian citizenship. Goa Chief Minister Pramod Sawant on Tuesday handed over the Indian citizenship certificate to the Pakistan-born Christian man under the Citizenship (Amendment) Act. Shane is the second person from the coastal state to receive the certificate, after Joseph Francis Pereira, another Pakistani citizen who was granted Indian citizenship in August this year. Shane, originally from Demello Wado ...Read More >
Kolkata: The number of Bangladeshi released prisoners languishing in correctional homes across the state has come down to 179 -- as of Jan 1, 2024 -- compared to 495 in 2011. According to the West Bengal Correctional Services data, there were 212 released foreign nationals or 'jankhalash' -- 136 men and 76 women -- in correctional homes in the state as of Jan 1, 2024, out of which 179 were from Bangladesh. Most of these foreigners were lodged in Dum Dum Central Correctional Home (171), while the rest were in Berhampore CCH (24), Jalpaiguri CCH (16), and Presidency CCH (1). On Jan 30, the Sup ...Read More >
Mangaluru, (Karnataka) Feb 5 (PTI) District in-charge Minister of Dakshina Kannada, Dinesh Gundu Rao, directed officials on Wednesday to install CCTV cameras on both sides of bridges along major highways and main roads to prevent 'illegal' activities. During an inspection of the strengthening work on the Addur Bridge along the Perali-Addur State Highway, Rao highlighted reports of sand mining near bridges weakening their structures. Also Read | Delhi Assembly Elections 2025: National Capital Records 57.89% Voter Turnout; Exit Polls Give BJP Edge Over AAP. He said that although extracting sa ...Read More >
New Delhi [India] January 22 (ANI): Congress MP Randeep Singh Surjewala on Wednesday urged Prime Minister Narendra Modi to take a stand in defending the rights of Indian immigrants in the United States. Surjewala also highlighted the contributions of over 20,000 Indian immigrants and expressed concerns over the government's silence on the deportation orders under President Donald Trump's administration. Sharing a detailed post on X Surjewala said, "Dear Prime Minister Modi ji, Pls spare a few moments to watch Bishop Mariann Edgar Budde speaking the truth to President of United States of Amer ...Read More >
Bengaluru stampede: Coming down heavily on lax policing in the aftermath of the stampede that took place during the Royal Challengers Bengaluru (RCB) victory parade, Karnataka CM Siddaramaiah on Thursday suspended senior Bengaluru police officers including city Police Commissioner 'with immediate effect'. Informing of the steps taken after 11 people were killed in the stampede on Wednesday, the chief minister said, "Cubbon Park Police Station Police Inspector, Station House Master, Station House Officer, ACP, Central Division DCP, Cricket Stadium in-charge, Additional Commissioner of Police, ...Read More >
The Karnataka State Cricket Association (KSCA) has denied responsibility for the stampede that took place outside Bengaluru's M Chinnaswamy Stadium during the Royal Challengers Bengaluru (RCB) victory celebrations. The incident led to the deaths of 11 people. In a statement, KSCA claimed it was not involved in organising the event, managing entry gates or handling the crowd. "The decision to hold the event was taken by the government. It was conducted at Vidhana Soudha, not at Chinnaswamy Stadium," the association said, adding that its role is limited to renting out the stadium and managing c ...Read More >
New Delhi [India], June 2 (ANI): The Supreme Court on Monday declined to entertain a petition alleging that the Assam government has reportedly launched a "sweeping and indiscriminate drive" to deport persons suspected to be foreigners to Bangladesh. A vacation bench of Justices Sanjay Karol and Satish Chandra Sharma asked the All BTC Minority Students Union (ABMSU) to approach the Gauhati High Court for appropriate relief. Also Read | INR 2,000 Currency Notes Worth INR 6,181 Crore Still in Circulation After Withdrawal 2 Years Ago, Reveals RBI Data. The petitioner said that the state of Ass ...Read More >
Bengaluru (Karnataka) [India], June 5 (ANI): The Karnataka High Court on Thursday issued a notice to the state government over the stampede incident near the Chinnaswamy Stadium that claimed the lives of 11 people and left several injured. The High Court took suo motu cognisance of the incident and asked for a further status report. 'News items have been published in various newspapers, narrating the tragedy that happened when 11 persons died and 75 were injured during the course of the victory celebration of RCB. This court is taking cognisance of the incident,' the High Court said. 'Senio ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
Bengaluru: The Karnataka State Cricket Association (KSCA) administrative committee on Friday moved the High Court seeking the quashing of the FIR against them in connection with the stampede that occurred outside the Chinnaswamy Stadium on Wednesday. The petition filed by committee president Raghuram Bhat, secretary A Shankar, and treasurer E S Jayaram is scheduled for hearing at 2.30 pm today before a bench of Justice Krishna Kumar. Police on Thursday registered an FIR against RCB, event management firm DNA Entertainment Private Limited, and Karnataka State Cricket Association (KSCA). Karna ...Read More >
Also Read: Indian Constitution at 75: Defending ideals amidst erosion "Today, we recall the tremendous contribution of the Constituent Assembly and its prolific members. We are forever indebted to their vision and wisdom," he said. Kharge said Pandit Jawaharlal Nehru, Babasaheb Dr BR Ambedkar, Sardar Vallabhbhai Patel, Maulana Abul Kalam Azad, Dr Rajendra Prasad, KM Munshi, Sarojini Naidu, Alladi Krishnaswamy Ayyar, Rajkumari Amrit Kaur and several eminent personalities were not just revered national icons but inspiring personalities who became the torchbearers of hope for generations togeth ...Read More >
The agitators demanded strict punishment for those who insulted the statue. Violent protests took place for the second day in central Maharashtra's Parbhani city on Wednesday over alleged vandalising of a replica of the Indian Constitution, police said. Amid the bandh called by some organisations, a mob indulged in arson and police fired teargas shells in response, a senior official told PTI. How did the protest begin? An unidentified person on Tuesday damaged a replica of the Constitution he ...Read More >
A 55-year-old man, who was among the several persons injured in the BEST bus accident in Kurla area here, died on Monday morning, taking the death toll to eight, a civic official said. The electric bus, hired by the civic-run Brihanmumbai Electric Supply and Transport (BEST) undertaking on wet-lease basis, ploughed into a crowd and fatally knocked down seven persons and injured 42 others on a crowded road in Kurla area on December 9. Several vehicles were also damaged in the incident. One of t ...Read More >
New Delhi, Jan 8 (PTI) The government is planning to make it mandatory for domestic airlines to share weather data captured by aircraft during takeoffs and landings with the weather office, which could lead to significantly better forecasts. Currently, the India Meteorological Department (IMD) launches weather balloons from 50-60 stations to collect critical data on temperature, humidity and wind speed at various altitudes, which form crucial inputs for weather forecasting models. These inputs could increase exponentially as the country records more than 6,000 takeoffs and landings by domest ...Read More >
Lucknow, Jun 5 (PTI) A three year old girl was allegedly raped and is said to be in a critical condition, police here said on Thursday. According to police, the incident occurred on late Wednesday night when the girl, daughter of daily wage labourers, was sleeping under a metro station. The accused took the girl away while her parents were sleeping and raped her at a secluded place, police said. Following the report, senior officials, including the Deputy Commissioner of Police (Central) Ashish Kumar Srivastav inspected the crime scene on Wednesday night itself. The girl was rushed to a hos ...Read More >