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: With an eye on improving rail connectivity to the upcoming Navi Mumbai International Airport, suburban services on Belapur/Nerul-Uran corridor will be strengthened from Monday with the introduction of five additional pairs of trains and the commissioning of two new stations -- Targhar and Gavan -- railway officials said.The additions will take the total number of daily services on the Uran line to 50 from the existing 40, easing peak-hour congestion and improving travel options for commut
Mumbai: A ticket collector (TC) was booked for allegedly sexually harassing a 7-year-old girl on a suburban train between Kalyan and Kasara on the Central Railway network last month, a police official said on Monday.The incident took place on June 12 when the girl was travelling with her mother to Kasara to take another train to Nashik, the official added."The 57-year-old TC, while checking tickets, pulled the girl towards himself in a manner the woman claimed was bad touch. After the journey, she sent a complaint to the deputy chief minister's office, which passed it on to Kalyan railway poli ...Read More >
The Central Railway (CR) has announced special traffic and power day blocks for 14 days starting Saturday, September 27, to carry out scheduled maintenance work. The power block will be in effect until October 10 at Karjat railway station. The special traffic and power day blocks are being undertaken to carry out pre-non-interlocking works at Karjat station in connection with Karjat yard remodelling work. In view of this, local train services in Mumbai and long-distance trains are likely to be affected. Central Railway said that traffic will be blocked between Karjat and Khopoli stations durin ...Read More >
Mumbai: Good news for Mumbaikars and daily commuters on Central line. Central Railway will soon get an updated AC local train. The new rake which will undergo extensive testing, will be pressed into service just before the onset of the summer season, providing some relief to commuters. What will be different from the existing AC local train, is that some of its machinery will be located under the coach, known as the under-slung system. What is a slung system? A slung system train local is a train with electrical equipment located below the rake or under the train. This design aims to increa ...Read More >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...Read More >
KOZHIKODE: A woman from Palakkad who recently tested positive for Nipah virus, remains in critical condition at the Kozhikode Government Medical College Hospital. She is currently receiving critical care in the hospital's specialised Nipah isolation unit. The patient was initially admitted to a private medical facility in Perinthalmanna. However, late on Saturday night, due to a significant deterioration in her health, she was transferred to the Kozhikode Medical College. Her symptoms, consistent with a severe viral infection, first appeared on July 1, prompting her to seek medical attention. ...Read More >
Tirupati (Andhra Pradesh) [India], July 14 (ANI): A fire broke out in stationed train coaches of the Hisar-Tirupati Special Train and Rayalaseema Express at the Tirupati Railway Station yard on Monday, Indian Railways said. According to Southern Central Railway, the fire was dozed and there is no disruption to any of the outgoing or incoming train services from Tirupati Railway Station, the Southern Central Railway said. The incident occurred while taking empty Hisar-Tirupati Special Train into the stabling yard. During the shunting process a fire was noticed in one general coach and was imm ...Read More >
Here comes a big update for the passengers. Mumbai local trains will get indigenous 'Kavach' safety boost by end of next year. This will be done in a major boost to commuter safety on one of the world's busiest suburban rail networks. What is Kavach? Kavach is a state-of-the-art electronic system developed under the 'Make in India' initiative that is presently being installed on Delhi-Mumbai as well as some other trunk routes. The indigenously designed Automatic Train Protection (ATP) system, which will automatically control train speed, prevent collisions, and ensure safe operations even w ...Read More >
Mumbai, Oct 8 (PTI) Prime Minister Narendra Modi on Wednesday launched the 'Mumbai One' mobile app which enables commuters to book a single QR-based digital ticket usable across Metro, Monorail, buses and local trains in the city and surrounding regions. Described as India's first integrated common mobility app, it will do away with the need for multiple paper tickets or separate bookings, officials said. The app, developed for the entire Mumbai Metropolitan Region, will be available for downloading from 5 am on Thursday, they added. Commuters, however, will not be able to book 'season' or ...Read More >
Mumbai, Jul 7 (PTI) Local train services on the Central Railway's Harbour line were fully restored on Monday morning, nearly 13 hours after a track relaying train (TRT) derailed near Nerul station, officials said. The TRT derailed near Nerul station at 4.20 pm on Sunday, leading to suspension of services on both the Up (towards Chhatrapati Shivaji Maharaj Terminus in south Mumbai) and Down (away from CSMT) lines between Vashi and Panvel. Thousands of commuters were left stranded during the peak evening hours. After the overnight work, the first local train from CSMT towards Panvel passed th ...Read More >
Thane, Jul 14 (PTI) A 16-year-old boy has died after suffering an electric shock while trying to make a social media reel on top of a stationary train wagon at Nerul railway station in Navi Mumbai, police said on Monday. The boy, identified as Arav Srivastava from Belapur in Navi Mumbai, went to the railway station with his friends on July 6, Vashi Government Railway Police (GRP) senior inspector Kiran Undre said. Also Read | Kannauj Roof Collapse: 2 Labourers Dead, 1 Injured After Roof of Under Construction House Crashes in Uttar Pradesh. "He climbed up a stationary train wagon loaded with ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Actor Harshvardhan Rane, who was last seen in 'The Miranda Brothers', is heaping praise on the recently released film 'Saiyaara', and its team. On Saturday, the actor took to the Stories section of his Instagram, and penned a special note for the film and its makers after it witnessed a stellar opening day. He wrote, "Another melodious example of a love story shattering all myths and formulas of the industry. Honest heart wrenching love story wins again in 2025! #Saiyaara". 'Saiyaara', which stars Aneet Padda, and marks the debut of Ahaan Panday, is helmed b ...Read More >
* Heavy rain caused waterlogging and traffic chaos in Mumbai on August 18 * IMD issued a red alert for extremely heavy rainfall in Mumbai on the same day * Brihanmumbai Municipal Corporation declared a holiday for all schools in the afternoon Did our AI summary help? Let us know. Switch To Beeps Mode Mumbai Rain Alert: Heavy rain battered parts of Mumbai on Monday (August 18), with the city struggling with waterlogging in several areas and traffic chaos. The India Meteorological Department ...Read More >
Mumbai: Mumbai's long-awaited Metro Line 3, also known as the Aqua Line, is gearing up for its grand completion as Prime Minister Narendra Modi is set to inaugurate the final Worli-Cuffe Parade stretch on October 8. The milestone will make the entire 33.5-kilometre Colaba-Bandra-SEEPZ corridor fully operational, marking a transformative leap for South Mumbai's urban mobility network. Ahead of the inauguration, Mumbai Metro 3 released stunning inside visuals of the Science Centre Metro Station in Worli, offering a first look at its modern interiors and commuter-ready infrastructure. The images ...Read More >
Navi Mumbai (Maharashtra) [India], October 8 (ANI): Prime Minister Narendra Modi on Wednesday inaugurated the Navi Mumbai International Airport (NMIA), one of India's most ambitious infrastructure projects and a defining milestone in the nation's aviation journey. Speaking on the occasion, the Prime Minister said that Mumbai's long wait was over as the city had now received its second international airport. He added that the Navi Mumbai International Airport would play a major role in establishing the region as Asia's biggest connectivity hub. Also Read | Lakshmi Menon Case: Kerala High Cour ...Read More >
An unauthorised protest by CR at the heart of Mumbai left the city derailed for more than 45 minutesOn Thursday evening, Central Railway (CR) employees staged a massive 'Rail Roko' protest at Chhatrapati Shivaji Maharaj Terminus (CSMT) against Government Railway Police (GRP) officials after an FIR was registered against two CR engineers over the Mumbra train tragedy of 9 June. The spontaneous protest paralysed Mumbai's Central line for nearly an hour and resulted in the deaths of two pedestrians ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
In view of the inauguration of the Navi Mumbai International Airport (NMIA) by Prime Minister Narendra Modi, the movement of heavy and multi-axle goods vehicles has been prohibited across Navi Mumbai on October 8. The restriction will remain in effect from 6 a.m. to 10 p.m., according to an official notification issued by the Navi Mumbai Traffic Department. Traffic Ban to Prevent Congestion The ban covers the entry, movement, and parking of all types of heavy vehicles within the Navi Mumbai Pol ...Read More >
Raigad district has been issued an orange alert with the possibility of very heavy showers on Sunday and Monday. While September often sees retreating showers, this year's monsoon continues to remain active across Konkan and Mumbai. Mumbai's brief dry spell came to an end on Saturday as rhe city woke up to overcast skies as several pockets experienced light to moderate rainfall. According to the India Meteorological Department (IMD), the Santacruz observatory recorded 7.2 mm of rainfall, while t ...Read More >
Mumbai, Sept 15 (PTI) Intermittent rains since midnight inundated several areas across Mumbai, affecting traffic on roads and local train as well as monorail services on Monday. Amid rains, a monorail train came to an abrupt halt on tracks between the Antop Hill Bus Depot and GTBN station in Wadala due to a "technical snag", following which all 17 passengers onboard were rescued, officials said, adding that it was the second such incident in less than a month. The rain activity reduced in the afternoon. In the last 24 hours, the Colaba observatory in south Mumbai recorded 134.4 mm rainfall, ...Read More >
New Delhi [India], December 3 (ANI): The Central Railway will run 12 additional suburban special trains between Parel- Kalyan and Kurla- Panvel stations on Thursday-Friday mid-night on the occasion of Bharat Ratna Dr Babasaheb Ambedkar's Mahaparinirvan Divas 2024, a press release said on Tuesday. According to the release, these suburban special trains will run stopping at all stations. The Railway Administration has also appealed to the travelling public to travel with proper tickets to avoid inconvenience. Also Read | Bangladesh Summons Indian High Commissioner Pranay Verma After Dhaka Lodg ...Read More >
Mumbai : The Air India group today announced its plans to commence commercial flights from Navi Mumbai International Airport (NMIA, IATA code: NMI), operated by Adani Airport Holdings Ltd., starting from the airport's first phase of operations. This collaboration underscores Air India group's commitment to boost domestic and international connectivity as well as propel India's growth in becoming the world's third-largest air passenger market by 2030. In the initial phase of the new airport's operations, Air India group's value carrier, Air India Express, will operate 20 daily departures or 4 ...Read More >
DGCA grants Aerodrome Licence to Navi Mumbai International Airport, paving the way for commercial flights by Air India Express and IndiGo. The wait for Navi Mumbai's long-promised second airport just got shorter. The Directorate General of Civil Aviation (DGCA) has granted the Aerodrome Licence to Navi Mumbai International Airport (NMIA), marking a crucial regulatory milestone that clears the runway for operations to finally begin. Why the licence matters An Aerodrome Licence is the aviation r ...Read More >
Adani Group's Navi Mumbai International Airport is scheduled for inauguration by Prime Minister Narendra Modi on October 8, following multiple delays and recent DGCA license approval. Gautam Adani visited the site, expressing deep gratitude to the diverse workforce. This joint venture aims to significantly reduce congestion at Mumbai airport, initially handling 20 million passengers annually. Adani Group-owned Navi Mumbai International Airport is set to be inaugurated on October 8, after facing ...Read More >
New Delhi, Oct 8: Prime Minister Narendra Modi inaugurated the Navi Mumbai International Airport (NMIA) and launched several major developmental projects in Mumbai on Wednesday, marking a significant boost to infrastructure and connectivity ambitions. Extending greetings on the festive season, the Prime Minister said Mumbai's "long wait has finally ended" with the city getting its second international airport, envisioned as one of Asia's largest connectivity hubs. Built at a cost of '19,650 crore, NMIA is India's largest Greenfield airport and will eventually handle 90 million passengers annua ...Read More >
Navi Mumbai's real estate market -- residential or commercial -- never quite matched Mumbai's stature. Now, the Navi Mumbai International Airport may change that. Large developers are acquiring land parcels in the city for residential projects. While the office market may take longer to grow, the area has already started emerging as a data centre hub. Mint explains what could change: Conceived in the 1970s as a satellite city of the country's financial capital, Navi Mumbai has evolved into a thriving property market with planned infrastructure and affordable living options even as Mumbai con ...Read More >
The total CISF manpower sanctioned for providing a counter-terrorist cover to the two upcoming airports is 2,870. The Union government has sanctioned a combined strength of more than 2,800 CISF personnel to guard two soon-to-be operational international airports in Noida and in Maharashtra's Navi Mumbai, official sources said Thursday. Sources told PTI that the ministry of home affairs (MHA), under whose command the CISF works, had sanctioned 1,840 posts for the Navi Mumbai airport and 1,030 th ...Read More >
Mumbai, Jul 5 (PTI) Central Railway has introduced a suburban train in Mumbai with a dedicated and renovated compartment for senior citizens, an official said on Saturday. In a release, CR said the middle luggage compartment in the sixth coach from the Mumbai-end was structurally and aesthetically modified to cater specifically to senior citizens following directives from the Railway Board. The prototype rake has been developed at Central Railway's Matunga Workshop, it added. "This dedicated compartment will minimise hassles faced by senior citizens while boarding and de-boarding suburban t ...Read More >
Mumbai: Central Railway has introduced the first local train rake equipped with a dedicated and specially renovated compartment for senior citizens recently. Meanwhile, Western Railway is in the process of launching a similar facility, with plans already underway. "Central Railway's Matunga Workshop has successfully rolled out the first Electric Multiple Unit (EMU) rake (local train) featuring a dedicated compartment for senior citizens in the Mumbai suburban network. The initiative, taken in immediate response to Railway Board directives, involved converting a middle luggage compartment in t ...Read More >
Mumbai, Jul 7 (PTI) Local train services on the Central Railway's Harbour line were fully restored on Monday morning, nearly 13 hours after a track relaying train (TRT) derailed near Nerul station, officials said. The TRT derailed near Nerul station at 4.20 pm on Sunday, leading to suspension of services on both the Up (towards Chhatrapati Shivaji Maharaj Terminus in south Mumbai) and Down (away from CSMT) lines between Vashi and Panvel. Thousands of commuters were left stranded during the peak evening hours. After the overnight work, the first local train from CSMT towards Panvel passed th ...Read More >
Navi Mumbai/Pune: Stating that 94% of the work on the Navi Mumbai International Airport (NMIA) was over, CM Devendra Fadnavis on Saturday said the remaining work should proceed in such a way that the first passenger flight can start operations by end of Sept. He said airport authorities had been asked to increase the numerical strength of workers to meet this target. Along with the airport, the Mumbai-Pune Expressway 'missing link' project will help the state govt develop an economic corridor comprising Mumbai, Mumbai Metropolitan Region and Pune, he said.For the 'missing link' project too, th ...Read More >