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.
Authorities have sealed The Cape Goa, a cliffside restaurant in South Goa, for multiple safety violations. Inspections found the establishment operating well beyond its sanctioned area, overcrowded, and lacking fire exits, fire-fighting equipment, and structural approvals. Authorities have sealed 'The Cape Goa', a prominent restaurant located on a cliff in South Goa district, for violation of fire and other safety norms, officials said on Tuesday. The Tourism Department had granted permission f
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 >
Srinagar- Amid a sharp rise in fire incidents across the Kashmir Valley, particularly Srinagar, the Fire and Emergency Services (F&ES) Department has urged residents not to park their vehicles on roads and lanes during night hours. Officials said that haphazard parking on narrow roads and residential lanes has become a serious obstacle for fire tenders and emergency vehicles, often delaying crucial rescue and firefighting operations. "Vehicles parked on the roads not only obstruct movement but also create immense inconvenience for emergency services. In many localities, fire tenders are unabl ...Read More >
Panaji: Continuing the swift crackdown on erring nightclubs in Goa, state govt sealed yet another nightclub, this time at Anjuna. The joint enforcement and monitoring committee decided to seal Diaz Goa, which calls itself a luxury pool club, after the directorate of fire and emergency services (DFES) revoked the fire NOC issued to the nightclub.According to officials, a surprise inspection was conducted on Saturday, where the DFES found that the existing fire prevention and fire safety arrangemen ...Read More >
A massive fire erupted at a bar in Bhubaneswar this morning. Thick plumes of smoke were seen on the top floor of the building that houses the bar, in horrifying visuals from the Satya Vihar area in Odisha's capital this morning. No casualties were reported. Firefighters managed to bring the blaze under control before it could spread to nearby buildings in the densely populated area. It is now being probed if the fire was caused by a short circuit or some other reason, even as the exact cause re ...Read More >
Kutch (Gujarat) [India], April 4 (ANI): A massive fire broke out at a Texwool textile company located in the Kandla Special Economic Zone (SEZ) in Gujarat's Kachchh district on Saturday evening. The incident led to an immediate response from the fire services. The blaze erupted at a company named Tex Polymer. Also Read | Avoid Panic: Delhi CM Rekha Gupta Reassures Citizens of Stable LPG Supply, Urges People Not to Crowd Agencies. According to an Official, the fire at the used-clothing facility created an atmosphere of fear among locals. Fire brigade teams from KASEZ, the Municipal Corporat ...Read More >
Thiruvananthapuram: Ravada A Chandrasekhar took charge as the new State Police Chief on Tuesday. He succeeds Shaik Darvesh Saheb, who retired on June 30. His tenure will run until July 1, 2027. A 1991-batch IPS officer currently serving as Special Director with the Intelligence Bureau, Chandrasekhar is on central deputation. He was selected over Nitin Agarwal, who topped the official list of probables. The appointment order, issued by Kerala Chief Secretary Dr A Jayathilak on behalf of the Governor, was released soon after a cabinet meeting held on Monday. Hailing from Andhra Pradesh's Godav ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in Srinagar, and two in Budgam district -- (KNO) ...Read More >
A New York taxi driver playing an episode of "The Don Lemon Show" on his phone as he drove was shocked when his passenger revealed himself to be... Don Lemon. The taxi driver said, "No," and glanced backward in the rearview mirror before turning around fully with his mouth open and the vehicle still coasting forward. He let out a loud guffaw of laughter as the car came to a stop. "My man," the driver said, reaching back to shake Lemon's hand. "He was extremely friendly," Lemon told Newsweek in ...Read More >
Srinagar- A local court in Jammu and Kashmir on Friday dismissed a case of Model Code of Conduct (MCC) violation filed against PDP leader and MLA Waheed-Ur-Rehman Parra in connection with a roadshow he held during last year's Lok Sabha elections in Pulwama district. The case, registered under Section 188 of the Indian Penal Code (IPC), was dismissed by Additional Special Mobile Magistrate Awantipora, Muneer Ahmad Bhat, who ruled that no cognisance of the offence could be taken due to procedural lapses in the chargesheet. Parra, the PDP candidate from Srinagar parliamentary constituency, was ...Read More >
The Bombay high court on Monday converted a civil suit against Birch by Romeo Lane nightclub into a Public Interest Litigation (PIL) saying "someone has to be held accountable" for the tragedy in which 25 people were killed. IMAGE: A woman walks past the Birch by Romeo Lane nightclub, which has been sealed for investigation following a fire that killed multiple people, in Goa. Photograph: Ali Monis Naqvi/Reuters In a stern observation, the Goa bench of the high court of Justices Sarang Kotwal a ...Read More >
New Delhi, Apr 2 (PTI) The second half of the Budget session of Parliament that saw the passage of some key legislations despite opposition uproar got an unusual extension with the government reconvening both the houses on April 16. Lok Sabha and Rajya Sabha were adjourned Thursday and will again meet on April 16 for three days for taking up key legislations to implement women's reservation by increasing Lok Sabha seats from the current 543 to 816. The second half of the budget session that started on March 9 was to end on April 2, but both the houses were not adjourned sine die after the co ...Read More >
India begins Census 2027 on April 1, 2026. This nationwide count is the first in 16 years and will be fully digital, using smartphones and online portals. For the first time since 1931, caste will be comprehensively enumerated. The census aims for faster data delivery and improved policy-making. This exercise will also generate significant employment opportunities across the country. After a gap of 16 years, the longest in independent India's history, the government launched the first phase of Census 2027 on April 1, 2026, beginning a nationwide count that will, for the first time, be conduct ...Read More >
Panaji: State govt on Monday sealed The Cape Goa, an upmarket hotel that was operating using a temporary shack licence on the Cabo de Rama hill face in South Goa.The hotel, which included a sea-facing restaurant with seating capacity for close to 100 persons, was originally meant to be an 18x8 structure for only 24 individuals, said senior officials.While it is the state's fourth tourism establishment that is in the dock, it is the first hotel to be sealed and the first in South Goa to face the consequences for safety and regulatory violations in the aftermath of the blaze at a nightclub at Ar ...Read More >
Shimla (Himachal Pradesh) [India], April 5 (ANI): The Himachal Pradesh government on Saturday ordered action under the H.P. Tenancy and Land Reforms Act in the controversial Chester Hill land case in Solan district. The Revenue Department, in its fresh order, has withdrawn its earlier objections to the inquiry report submitted by the Sub-Divisional Officer (Civil) (SDM), Solan. It has also directed the Deputy Commissioner, Solan, to initiate fresh proceedings under Section 118 of the H.P. Tenancy and Land Reforms Act, 1972. The decision was conveyed through an official communication issued by ...Read More >
MUMBAI: The Maharashtra government has allowed shops and commercial establishments, including residential hotels, restaurants, eateries, theatres, places of public amusement or entertainment, to remain open all 24 hours a day across the state. A Government Resolution (GR) issued to this effect on October 1, however, made it clear that establishments involved the sale and supply of liquor, including wine shops, beer bars, dance bars, hookah parlours, discotheques and permit rooms, cannot operate 24 hours. The GR says that shops and commercial establishments may remain open on all days of the ...Read More >
Ghaziabad (Uttar Pradesh) [India], October 23 (ANI): A sudden fire broke out in a residential building in Ghaziabad's Friends Avenue, Shakti Khand 2, Indirapuram, sending panic waves through the community on Tuesday. The blaze, which started in a temporary structure on the balcony of a flat, was quickly brought under control by fire tenders. Firefighters from Vaishali Fire Station arrived promptly and extinguished the fire within 45 minutes. Also Read | Darjeeling Road Accident: 4 Killed, 16 Injured As Vehicle Falls Into Gorge in West Bengal District. According to officials, a few people we ...Read More >
NEW DELHI: Goa nightclub owners Saurabh and Gaurav Luthra, wanted in connection with the December 6 fire that claimed 25 lives, were brought back to India from Bangkok on an emergency certificate on Tuesday. As reported by TOI, the brothers boarded an IndiGo flight and arrived at Indira Gandhi International Airport at around 2.10 pm. Earlier, they were seen wearing masks and surrounded by immigration and security officials at Thailand airport. Following their arrival, the duo is to be produced before the Patiala House court by teams from the Delhi Crime Branch and the Goa Police, where transit ...Read More >
MUMBAI: Shadowfax has filed draft IPO papers with markets regulator Sebi through the confidential filing route. The company is seeking to raise up to Rs 2,000-2,500 crore comprising a mix of fresh issue of shares and offer for sale (OFS) by existing shareholders, sources said. The Flipkart and TPG backed logistics startup which was last valued at $712 million or about Rs 6,000 crore is eyeing an IPO valuation of about Rs 8,500 crore.Startups are rushing to Dalal Street after a recovery in stock markets opened up the IPO window for companies. Over the past few days, Pine Labs, Wakefit and Curef ...Read More >
Mumbai, Oct 3 (PTI) The Maharashtra government has allowed shops and commercial establishments, including residential hotels, restaurants, eateries, theatres, places of public amusement or entertainment, to remain open all 24 hours a day across the state. A Government Resolution (GR) issued to this effect on October 1, however, made it clear that establishments involved the sale and supply of liquor, including wine shops, beer bars, dance bars, hookah parlours, discotheques and permit rooms, cannot operate 24 hours. The GR says that shops and commercial establishments may remain open on all ...Read More >
Jaipur: Tuesday night's tragedy on Jaipur-Ajmer NH-48 has once again exposed the lethal combination of unsafe roadside parking, hazardous goods transport, and weak enforcement on one of Rajasthan's most vital freight corridors.While an investigation is underway to probe the reason behind the collision of a chemical-laden tanker with a truck carrying LPG cylinders, sources said the probe is focused on the immediate cause of the crash, not on the chronic road safety hazards on this highway. "The combination of low visibility, fatigue, and speeding at night makes it extremely difficult for driver ...Read More >
New Delhi, Apr 1 (PTI) The Rajya Sabha on Wednesday witnessed sharp exchanges between Leader of Opposition Mallikarjun Kharge and Parliamentary Affairs Minister Kiren Rijiju, who accused the opposition of indulging in politics at a time when the country should be united in the face of the West Asia conflict. Tempers flared up as Kharge questioned why the government was not holding a discussion on the West Asia crisis in Parliament and attacked Prime Minister Narendra Modi for not being present at the all-party meeting on the issue. Rijiju hit back at Kharge, accusing him of failing to uphold ...Read More >
Global hospitality company Hilton has signed an agreement to open its namesake brand hotel in Chennai, Tamil Nadu, marking the group's expansion in the southern part of India. Hilton's new Chennai hotel will be located in Egmore and be developed in partnership with MKR Estate Developers, a part of MGM Healthcare Group. The company expects the hotel to begin operations in January 2029. This opening will add to Hilton's existing presence in the city, which already includes Hilton Chennai. Hilto ...Read More >
The government said on Thursday that Parliament will be adjourned and reconvened before the end of this round of assembly elections. Parliamentary affairs minister Kiren Rijiju told Rajya Sabha that Parliament will be adjourned and reconvened to discuss a "very important" bill, without giving the details of the bill or the dates for the extended budget session. Rijiju said, "We have certain important issues, we have shared this with the Opposition also. We are going to have a very important bil ...Read More >
Thiruvananthapuram | Ettumanoor | Chalakudy: Kerala has sprawling chains of outdoor eateries, which are closely linked to the daily life of Malayalees, both as enterprising food vendors and devout customers. Apart from the traditional chain of restaurants, "bar attached" and otherwise, the mushrooming popular 'thattukada' (small roadside food cart) chains and 'veettile oonu' (licensed homely meal outlets run from many houses) network daily cater to the local population's increasing habit of eating out or depending on take away 'parcel' joints and to the tourists. These food streets of Kerala a ...Read More >
Lucknow: Quick thinking by bus driver Jagat Singh and his two aides, Shyam Sundar and Manish, saved the lives of 39 passengers when their Delhi-Gonda sleeper bus suddenly caught fire on the Agra-Lucknow Expressway early Sunday morning.Speaking to The Times of India, driver Jagat Singh recounted the harrowing moments before the bus was engulfed in flames. "Around 4:30 am, the rear tyre suddenly burst with a loud sound. I immediately pulled the bus to the side and got down to check. Within moments, thick smoke began rising from the rear," he said.Sensing danger, Jagat quickly tried to douse the ...Read More >
Bengaluru, March 30 (PTI) Karnataka Deputy Chief Minister D K Shivakumar on Monday said three free tickets for IPL matches will be provided to each MLA, while two complimentary tickets will be given for international matches, with an option to purchase two more. Speaking to reporters at his Sadashivanagar residence after a meeting with Karnataka State Cricket Association (KSCA) officials and IPL franchise representatives, Shivakumar said the matter had been finalised after discussions over the past week. "Today I discussed the issue of tickets to MLAs with the KSCA president, officials, DNA, ...Read More >
Bengaluru, March 30: Deputy Chief Minister and Karnataka Pradesh Congress Committee President D. K. Shivakumar on Monday said that the issue of ticket allocation for Indian Premier League matches has been resolved amicably, with a revised quota for legislators and Members of Parliament. He made the statement after addressing the media following a meeting with members of the Karnataka State Cricket Association, Royal Challengers Bangalore, and DNA Event Management Company. Shivakumar said he had earlier held discussions with the Speaker and senior leaders on the matter. It has been decided th ...Read More >
New Delhi: None of the safety equipment worked when a fire broke out at Brahmaputra Apartments in Lutyens' Delhi on Saturday afternoon, eyewitnesses and residents of the complex claimed.Manu, who lives on the second floor, said he was standing at the main gate when he saw thick smoke rising from the parking area. "We rushed to the spot and saw the fire. We tried to use the fire safety equipment and started the pump, but there was no water supply. If it worked, we might have been able to prevent some of the damage," he said.Sumit, who stays on the third floor, pressed the fire alarm button as h ...Read More >
A 70-year-old retired Army Brigadier died in Dehradun on Monday morning after being hit by a bullet when an occupant of a car fired at another vehicle in the middle of a high-speed chase triggered by a late-night brawl at a club in the city, police said. This is the latest in a string of crimes in the Uttarakhand capital, once known for its serenity and quiet lifestyle. Two groups of 10 men got into an altercation inside the Gen-Z club on Mussoorie Road on Sunday night. One group of six people ...Read More >
DK Shivakumar meeting officials from Karnataka State Cricket Association, RCB Bengaluru: Every Karnataka legislator will get three tickets for the Indian Premier League, or IPL, games, Deputy Chief Minister DK Shivakumar said Monday, justifying the move citing practices in other states. Last week, state Assembly Speaker UT Khader asked the government to ensure that every MLA receives four VIP tickets at the city's M Chinnaswamy Stadium during matches, after members across party lines alleged t ...Read More >