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.
ISLAMABAD: Indian authorities have confirmed that Sajid Akram, the deceased suspect in the deadly shooting attack at Sydney's Bondi Beach, was an Indian national originally from Hyderabad in Telangana state. According to statements from Telangana police, Akram migrated to Australia approximately 27 years ago in 1998 and maintained limited contact with his family thereafter. The confirmation comes amid ongoing international investigations into the December 14, 2025, incident that claimed 15 lives during a Hanukkah celebration, highlighting cross-border cooperation in probing the background of individuals involved in overseas terrorism cases. Australian police have described the attack as motivated by Islamic State ideology. Telangana police officials stated that Akram, aged 50 at the time of his death, had no recorded suspicious activities during his visits to India. Reports indicate he returned to the country on six occasions since 1998, with the most recent visit in 2022 or earlier accounts suggesting limited trips. During these visits, no adverse records or indications of radicalisation were noted by local authorities. The police emphasised that Akram's family in Hyderabad had no prior knowledge of any extremist views or potential involvement in violent activities, underscoring that any radicalisation appeared to occur outside India. Indian police have expressed commitment to assisting Australian counterparts in the investigation, maintaining close coordination to exchange information. Officials reiterated that a thorough examination of all aspects related to the incident would be conducted to clarify motives and background factors. This cooperation is seen as crucial given the sensitivity of the case, which Australian Prime Minister Anthony Albanese has labelled an act of antisemitism and terrorism targeting the Jewish community. The attack involved Akram and his 24-year-old son Naveed, an Australian citizen. Further details reveal that Akram's family was unaware of any ideological shifts that could have led to such actions. Telangana police sources noted that factors contributing to the suspects' alleged radicalisation have no apparent links to India or local influences in the state. This assessment is based on reviews of Akram's travel history and interactions during his stays in Hyderabad, where he originated from the Tolichowki area before emigrating on what reports describe as a student's visa pathway leading to permanent residency in Australia. The Bondi Beach attack, occurring on the first night of Hanukkah, saw the father-son duo open fire on crowds, resulting in significant casualties and injuries. Australian investigations continue into their recent travels, including a month-long stay in the Philippines in November 2025, but Indian authorities have ruled out domestic radicalisation. The absence of any prior alerts during Akram's visits highlights the challenges in tracking ideological shifts among diaspora communities over extended periods abroad. Overall, the revelations from Indian police provide a clearer picture of Sajid Akram's pre-migration and visit history, contributing to the multinational effort to understand the pathways to extremism in this case. As probes deepen, the emphasis remains on comprehensive information sharing to prevent future threats and address the broader implications for community safety and international security cooperation.
New Delhi, Jul 9: In line with its vision to become an engine of growth and diverting from an oil-based economy, the United Arab Emirates (UAE) has restructured its visa programme to offer renewable residency of up to 10 years for investors, entrepreneurs, scientists, doctors, athletes and students. The UAE's "Golden Visa" programme provides talented and high-net-worth Indians and other nationalities the opportunity of long-term residency in the Gulf nation, UAE officials said. One of the most significant aspects of the government-regulated visa programme is that the applicants do not requir ...Read More >
Saquib Nachan, a former leader of the banned SIMI, passed away in a Delhi hospital following a brain haemorrhage. He was admitted four days prior after being arrested in 2023 during an NIA crackdown on ISIS. Nachan, an inmate at Tihar prison, was hospitalized after his health deteriorated, and doctors confirmed the haemorrhage.Saquib Nachan, a former office-bearer of the banned Students Islamic Movement of India (SIMI), died in a Delhi hospital on Saturday, days after suffering a brain haemorrhag ...Read More >
New York/New Delhi, July 8 (UNI) India has abstained from voting on the UN Resolution on Afghanistan, and said the international community must direct its coordinated efforts towards ensuring that entities and individuals designated by the UN Security Council along with their regional sponsors who facilitate their operations, no longer exploit the Afghan territory for terrorist activities. India's Permanent Representative to the UN, Ambassador P Harish, in his statement on the Resolution, welcomed the strong condemnation by Afghanistan of the Pahalgam terrorist attack on April 22 and said Ind ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
MUMBAI: Saquib Abdul Hamid Nachan, terror suspect from Padgha on the outskirts of Mumbai, died in a Delhi hospital on Saturday. Nachan was arrested by the National Investigation Agency (NIA) for his alleged links to the banned Islamic State of Iraq and Syria (ISIS) in December 2023, along with 15 other alleged ISIS members. They were picked up by the federal investigating agency during searches in Padgha, a village in Thane district, as part of a nationwide crackdown on ISIS. Nachan had been lodged in Delhi's Tihar Jail but suffered a stroke on Tuesday, when was admitted to Deendayal Upadhyay ...Read More >
Hyderabad: At least 16 Pakistani soldiers were killed in a suicide attack in the northwestern part of the country that was claimed by the Pakistani Taliban. The attack, particularly targeting security forces, is being described as Pakistan "tasting its own medicine", implying that the terror groups and the terror eco system it raised or funded for strategic reasons have come back to haunt it in a big way. The monthly security assessment issued by the Pakistan Institute for Conflict and Security Studies (PICSS) recorded 85 militant attacks in May 2025 as compared to 81 in April, 2025 resultin ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
New Delhi: Three Indian nationals have been abducted in Mali amid a surge in terrorist violence across the West African country. On Wednesday, India expressed serious concern over the incident and urged the Malian authorities to ensure the safe return of the kidnapped persons. "The Ministry of External Affairs is deeply concerned about the abduction of three Indians employed at the Diamond Cement Factory in Kayes, Mali. The kidnapping took place on July 1, 2025, when armed attackers stormed the factory and took the three workers hostage," the MEA said in a statement. The Indian Embassy in Ba ...Read More >
After the banned CPI (Maoist)'s general secretary Nambala Keshava Rao alias Basavaraju was killed in an encounter with security forces on May 22, Union Home Minister Amit Shah reiterated that Naxalism will be eliminated from the country by March 31, 2026. In the Congress-ruled Telangana, however, B Mahesh Kumar Goud, the Telangana Pradesh Congress Committee (TPCC) president, says that the government should not use iron fist to wipe out Maoists but deal with them through "legal and constitutional means". He has urged the Centre to hold "peace talks" with the Maoists and declare a "ceasefire" w ...Read More >
DHARMAPURI: For the third time in the past two months, a wild leopard wandered into a private farmland near Valaithottam village near Palacode and hunted chicken raised by a local farmer. Locals are increasingly distressed and urged the forest department to take steps to relocate the leopard. Over the past few months, there have been several reports of leopard sightings in forest areas near Palacode, particularly in Valaithottam village, near the forest's fringe. There have been two instances when the leopard attacked farmlands, taking away a domestic dog and a chicken. On Saturday, the leop ...Read More >
New Delhi: External Affairs Minister (EAM) S. Jaishankar will be on a three day visit to China starting July 13, sources in the Ministry of External Affairs (MEA) revealed on Friday. They stated that EAM Jaishankar will begin his China visit from Beijing and then visit Tianjin for the Foreign Minister's Meeting of the Shanghai Cooperation Organisation (SCO) member countries. China is the current Chair of the grouping. While the External Affairs Minister has met his Chinese counterpart on the sidelines of multilateral events, this would be his first trip to China since bilateral relations wer ...Read More >
Koraput (Odisha) [India], July 6 (ANI): Congress MP from Assam's Koraput, Saptagiri Sankar Ulaka, said that a resident of Hinjili in Ganjam district, Odisha, who has been kidnapped in the African country of Mali is out of communication and requested the External Affairs Ministry to take cognizance of the matter. An al-Qaeda abducted three Indians linked terrorist group in West Africa's Mali. 'A resident of Hinjili in Ganjam district, Odisha, has been kidnapped in the African country of Mali. And he has been out of communication. We are deeply concerned about his safety and would request the ...Read More >
New Delhi [India], July 10 (ANI): Morocco's Ambassador to India, Mohamed Maliki, underscored the expanding scope of India-Morocco relations during a wide-ranging interaction in the national capital. Highlighting deepening cooperation in trade, defence, investment, counter-terrorism, and beyond, he outlined key areas of collaboration and ambitious plans for the future. Also Read | Ukraine-Russia War: Moscow Blasts Kyiv With Another Missile, Drone Barrage, Killing at Least 2. "I think the sky is not even the limit for us... because we believe in making India, we believe in the capabilities of ...Read More >
New Delhi [India], December 3 (ANI): The National Investigation Agency (NIA) chargesheeted another accused in the Magadh (Zone) CPI (Maoist) revival attempts case, the agency said in a statement. Binod Shankar alias Vinod Shankar Singh, a resident of Kaimur district of Bihar, is the 6th accused to be chargesheeted in the case, the agency said. The chargesheet was filed on Monday. Also Read | Pune: Doctors Perform Rare Laser Surgery on Woman Pregnant With Monoamniotic Twins To Save Healthy Foetus at KEM Hospital. A supplementary chargesheet has been filed against him under various sections o ...Read More >
New Delhi [India], June 30 (ANI) In a decisive step to counter the anti-national agenda of the banned terror outfit Hizb-ut-Tahrir (HuT), the National Investigation Agency (NIA) has attached the property of an accused linked to a Tamil Nadu-based conspiracy aimed at establishing an Islamic Caliphate in India. The attached property belongs to Bava Bahrudeen alias Mannai Bava and is located at No. 58H, Ashrath Awliya, Manshoor Thaikkal, Gandhiji Road, Thanjavur. It falls under Survey No. 2983, Ward 6, as registered in the Thanjavur Joint I Sub-Registrar Office. The action has been taken under S ...Read More >
New Delhi: Despite the strained relations between India and Pakistan, the Pakistan men's hockey team has been given permission to travel to India to participate in the upcoming Asia Cup. The tournament is scheduled to be held in Rajgir, Bihar from August 27 to September 7, 2025. A Sports Ministry source on Thursday confirmed that the Ministry of Home Affairs (MHA), the Ministry of External Affairs (MEA) and the Sports Ministry have all given the nod to the Pakistan team. The news assumes significance as the relations between India and Pakistan deteriorated significantly after the recent incide ...Read More >
Hyderabad: BRS senior leader T Harish Rao on Wednesday strongly condemned Chief Minister Revanth Reddy's "baseless and misleading" statements regarding irrigation and water rights in Telangana. Harish Rao accused Revanth Reddy and his Congress government of "mortgaging Telangana's rightful share of water resources and attempting to mislead people with fabricated data and staged presentations." Expressing outrage over the Chief Minister's closed-door meeting with Congress legislators at Praja Bhavan, Harish Rao asserted, "Revanth Reddy, your government deserves to be lashed for betraying Telan ...Read More >
New Delhi, Jan 2 (PTI) Prime Minister Narendra Modi on Thursday condemned the terrorist attack in New Orleans, which has killed 15 people, and expressed condolences to the families of victims. "We strongly condemn the cowardly terrorist attack in New Orleans. Our thoughts and prayers are with the victims and their families. May they find strength and solace as they heal from this tragedy," PM Modi said on X. A driver wreaked carnage on New Orleans' famed French Quarter early on New Year's Day, as he rammed a pickup truck into a crowd before being shot to death by police, authorities said. M ...Read More >
After the banned CPI (Maoist)'s general secretary Nambala Keshava Rao alias Basavaraju was killed in an encounter between Maoists and security forces on May 22, Union Home Minister Amit Shah reiterated that Naxalism will be eliminated from the country by March 31, 2026. In the Congress-ruled Telangana, however, B Mahesh Kumar Goud, the Telangana Pradesh Congress Committee (TPCC) president, says that the government should not use iron fist to wipe out Maoists but deal with them through "legal and constitutional means". He has urged the Centre to hold "peace talks" with the Maoists and declare ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >
BENGALURU: A prison psychiatrist and a police official have allegedly been behind extremist radicalisation inside the Bengaluru Central Prison. In a shocking expose of subvert activities by government appointees inside the prison, the National Investigation Agency (NIA) on Tuesday arrested prison psychiatrist Dr Nagaraj, assistant sub inspector (City Armed Reserve police) Chand Pasha and mother of an absconding accused Anees Fathima in a 2023 case related to radicalisation of prisoners by a LeT terrorist Tadiyandavede Naseer. The arrests followed searches in five places in Bengaluru and Kolar. ...Read More >
The National Investigation Agency (NIA) conducted searches at 32 locations across Jammu and Kashmir, targeting a terror conspiracy orchestrated by Pakistan-based outfits. These raids focused on residential premises of hybrid terrorists and overground workers linked to groups like TRF and others affiliated with LeT and JeM. The National Investigation Agency (NIA) carried out searches at 32 locations across Jammu and Kashmir on Thursday to probe a conspiracy hatched by Pakistan-based terror outfit ...Read More >
New Delhi, Jun 6 (PTI) A Delhi court on Friday extended the judicial custody of 26/11 Mumbai attack accused Tahawwur Hussain Rana till July 9. Special Judge Chander Jit Singh passed the order after Rana was produced before it through video conference after expiry of his judicial custody granted earlier. The judge, meanwhile, sought a status report from Tihar by June 9 on the health condition of Rana, after his lawyer raised concerns about his wellbeing. Rana, a close associate of 26/11 main conspirator David Coleman Headley alias Daood Gilani, a US citizen, was brought to India after the US ...Read More >
New Delhi, June 8 Shiv Sena (UBT) MP Priyanka Chaturvedi has strongly defended India's recent global anti-terror outreach ... New Delhi, June 8 Shiv Sena (UBT) MP Priyanka Chaturvedi has strongly defended India's recent global anti-terror outreach mission across Europe, calling it both timely and necessary to expose the global threat posed by Pakistan-backed terrorism. Chaturvedi was part of the high-level All-Party Parliamentary Delegation led by BJP MP Ravi Shankar Prasad under "Operation Sindoor Outreach," which presented India's firm stance against cross-border terrorism and garnered int ...Read More >
New Delhi, Jan 2 (VOICE) Prime Minister Narendra Modi on Thursday strongly condemned the horrifying New Year's Day terror attack in New Orleans that has left at least 15 dead and about three dozen injured. "We strongly condemn the cowardly terrorist attack in New Orleans. Our thoughts and prayers are with the victims and their families. May they find strength and solace as they heal from this tragedy," PM Modi posted on X. A disturbing series of attacks have shocked the United States with the New Orleans attack now being investigated as an act of terrorism. A man, later identified as 42-yea ...Read More >
Nagpur: Warrior king Chhatrapati Shivaji Maharaj belonged to the entire country, but British history tried to confine him as a regional icon, said BJP leader and Rajya Sabha MP Sudhanshu Trivedi, who was in Nagpur on Friday to attend an event marking the 351st anniversary of Shivaji Maharaj's coronation. Trivedi told TOI at the event organized by Shivaji Maharaj Kruti Samiti that Shivaji Maharaj's contribution in 'safeguarding' the southern part of India from Mughal invasion must not be forgotten.Trivedi said, "Shivaji Maharaj belonged to all of us, entire country. Unfortunately, the British p ...Read More >
Mumbai: An article by Congress leader Rahul Gandhi terming the 2024 state assembly polls as 'match-fixing' stirred a political controversy in Maharashtra. Statement Of Maharashtra CM Devendra Fadnavis Chief Minister Devendra Fadnavis said the Congress leader was insulting the voters and Ladki Bahins of Maharashtra. He said, "Rahul Gandhi has accepted his defeat in Bihar. As long as Rahul Gandhi keeps giving himself false assurances, his party can never win". Revenue Minister Chandrashekhar Bawankule's Statement Revenue Minister Chandrashekhar Bawankule criticised Gandhi, saying his party w ...Read More >
Saturday, 28 June 2025 () India is set to maintain strong economic growth, surpassing G7 nations. This growth is driven by domestic demand and favorable demographics. India's share in global GDP is increasing. Merchandise trade with G7 countries has grown significantly. India is leading global initiatives in clean energy and digital governance. Strategic cooperation with G7 nations will shape future growth. ...Read More >
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Bengaluru Crime: A woman's body, believed to be between 30 and 35 years old, was found stuffed inside a sack and dumped in a garbage truck in Bengaluru early Thursday. The identity of the woman is yet to be confirmed. Police said the sack was discovered by BBMP sanitation workers who immediately alerted the authorities. The body was found with her hands and neck tied, raising strong suspicion of murder. Officials stated that the body had been placed inside a gunny bag before being thrown into the garbage vehicle. Joint Commissioner of Police, C Vamsi Krishna, confirmed that the body has been ...Read More >