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.
NONGSTOIN, Dec 16: The West Khasi Hills district administration with support from the district police demolished 17 illegal coke plants that were earlier flagged to be without any form of consent from authorities, a delayed report said here on Tuesday. The latest phase of demolition from December 1-3, comes more than two years after the state launched an all-out effort to clamp down on illegal coke factories that had mushroomed across Shallang and neighbouring areas in the district. The coke plants demolished included 11 in Kyllon Mathei, three in Swangre, two in Pyndengjalong, Shallang, and one in Nonghynrum. Currently the area has only four legally sanctioned coke plants with sources adding that another four more are closing down temporarily pending necessary documents. As per sources, the present demolition was delayed due to lack of finance from the state. The Supreme Court order allowing for the demolition was issued on November 25, 2024. Initially 39 illegal coke plants out of the 57 identified were razed to the ground through controlled blasting in July 2023. However, the plant owners approached the Supreme Court to put a stay on the demolition. The SC ruled in favour of a stay while allowing the illegal plant owners time to produce valid documentation. All the 57 illegal plants were operating without CTE with some not even having basic NOCs even from the local landowners. The initial demolition was executed following an order by the Meghalaya High Court which had received a complaint over the mushrooming plants in the area. What is interesting is that these coke plants came up just within a period of 3-4 years even as a ban on rat-hole mining was in existence.
Congress MP Ranjeet Ranjan has called for the replacement of Electronic Voting Machines (EVMs) with ballot papers, citing concerns over the legitimacy of election results. Ranjan raised doubts about the EVM's accuracy, suggesting that the results may be influenced and advocating for a ballot paper system like many other countries. Congress President Mallikarjun Kharge also echoed similar sentiments, accusing EVMs of wasting votes from marginalized communities. This comes after the Congress' defeat in the Maharashtra Assembly election. The Supreme Court, however, dismissed a petition seeking th ...Read More >
Berhampur (Odisha), Jun 6 (PTI) Environmental activist Medha Patkar on Saturday appealed to the people of Odisha for protection of Rushikulya river. The government planned to construct a dam in the river Pipalapnaka under Sorada block in the district. While participating in the Save Rushikulya river movement in Ganjam district, she said, "Rivers may be small or big, but they are our mother. We have to protect the rivers from attacks." She attended a meeting were organised by the Rushikulya Banchao Kriyaanusthan Committee (RBKC) and the Centre for Climate Justice, spearheading the agitation a ...Read More >
NEW DELHI: The Supreme Court on Friday stayed an order of the Itanagar bench of Gauhati HC asking the Centre to deposit 50% of Rs 418 crore compensation, which the govt alleged was vitiated by forgery, for acquisition of 537 acres of land for defence projects in remote Indo-China border areas of Arunachal Pradesh.Appearing for the Union govt, additional solicitor general S D Sanjay told a bench led by Justice K V Viswanathan that one man forged and fabricated power of attorneys of 102 landowners and approached the Reference court for reassessment of the market value of the land, which the auth ...Read More >
Bengaluru: Mysuru Dasara is set to run for 11 days this year -- a rare extension driven by celestial alignment and cultural planning -- with the inaugural ceremony on Sept 22 and the grand Jamboo Savari taking place on Oct 2, coinciding with Vijayadashami and Gandhi Jayanti.Chairing a high-level meeting at Vidhana Soudha Friday, chief minister Siddaramaiah said, "Mysuru Dasara in 2025 will be celebrated for 11 days, due to a unique astronomical occurrence -- the Panchami tithi (fifth lunar day) will appear on two consecutive days, Sept 26 and 27, a rare alignment that hasn't occurred in nearly ...Read More >
The AICC OBC Advisory Committee has requested the central government to implement the Telangana model of caste survey in the upcoming national census. The committee also aims to relax the 50% reservation cap for OBCs. Chief Minister Siddaramaiah mentioned Rahul Gandhi's influence on the caste census decision. He also spoke about a previous socio-economic survey ordered during his tenure. The AICC OBC Advisory Committee on Wednesday urged the Centre to adopt the Telangana model of the social, edu ...Read More >
New Delhi [India], July 16 (ANI): The Indian government expressed regret on Tuesday over the reported demolition of the ancestral property of celebrated filmmaker and writer Satyajit Ray in Mymensingh, Bangladesh and expressed its willingness to extend cooperation in its restoration. "We note with profound regret that the ancestral property of noted filmmaker and litterateur Satyajit Ray in Mymensingh, Bangladesh, belonging to his grandfather and eminent litterateur, Upendra Kishor Ray Chowdhury, is being demolished," the Ministry of External Affairs said. Also Read | India Urges Bangladesh ...Read More >
New Delhi: Observing that "criminalisation of politics is a very major issue", the Supreme Court on Monday asked the Centre and Election Commission of India (ECI) to respond to a PIL challenging election of convicted persons as MPs/MLAs. The development took place during the resumed hearing of a plea filed by advocate Ashwini Upadhyay, seeking lifelong disqualification of MPs and MLAs convicted of criminal offences. The PIL has challenged provisions of the Representation of the People Act (RPA) that bar convicted politicians from contesting polls for six years after serving jail terms. A be ...Read More >
New Delhi, June 6: The All India Institute of Medical Sciences (AIIMS), New Delhi, is expected to announce the AIIMS BSc Nursing Result 2025 soon. Candidates who appeared for the B.Sc (H) Nursing examination can check and download the results on the official website of AIIMS at aiimsexams.ac.in when declared. It must be noted that the AIIMS B.Sc Nursing written exam was held on June 1. The board is likely to declare the results today, June 6. That said, the institute has not yet shared any official results. The AIIMS B.Sc Nursing exam consisted of one paper, which lasted two hours. The exam p ...Read More >
New Delhi: In a first, the Supreme Court has introduced a formal reservation policy for the direct appointment and promotion of its staffers belonging to scheduled castes and scheduled tribes. The decision was communicated in a circular issued on June 24 to all Supreme Court employees. "As per the directions of the Competent Authority, it is to notify for the information of all concerned that the Model Reservation Roster and Register has been uploaded on the Supnet (internal email network) and it is made effective from June 23, 2025. ...Read More >
New Delhi, July 7 (SocialNews.XYZ) Backing Prime Minister Narendra Modi's firm stance on terrorism at the BRICS Summit, senior Congress leader and Rajya Sabha MP Pramod Tiwari on Monday expressed his complete faith that India will fight terrorism with full resolve and determination. His remarks came in response to PM Modi's statement at the global summit, where he called terrorism "the most serious challenge facing humanity" and emphasised that condemning terrorism must be a matter of principle, not convenience. Speaking to IANS, Pramod Tiwari supported the Prime Minister, stating, "At the B ...Read More >
Union Minister of Parliamentary Affairs Kiren Rijiju will hold a meeting with the floor leaders of political parties in both the Houses of Parliament, ahead of the Monsoon Session of Parliament scheduled to begin on Monday. The meeting will be held in Main Committee Room, Parliament House Annexe. The meeting will be followed by a media briefing. The meeting will commence at 11:00 AM, as per an official communication. The Government had earlier announced the schedule for the Monsoon Session of ...Read More >
New Delhi: The Enforcement Directorate (ED) on Friday arrested former Chhattisgarh chief minister Bhupesh Baghel's son Chaitanya Baghel for his alleged involvement in a liquor scandal. He was later produced in a court in Raipur, which sent him to five-day ED custody. The arrest followed a search at Baghel's house in Bhilai on Friday morning. The former CM and Congress leader confirmed the arrest in a post on X, "thanking" Prime Minister Narendra Modi and home minister Amit Shah for the "birthday gift" to his son. "The kind of birthday gifts Modi and Shah give cannot be given by anyone in an ...Read More >
VIJAYAWADA: The State government on Friday accorded approvals to a slew of industries. Among those are Krishnapatnam Power Corporation Limited (KPCL), which is set to establish a 350 MW Solar and Battery Energy Storage System (BESS) in Thamminapatnam and Mommidi villages of SPSR Nellore district with a Rs 1,225 crore investment, creating 575 jobs. Furthermore, the government also waived off a Rs 54 crore extension of time fee, contingent on project completion within two years as per the Andhra Pradesh Integrated Clean Energy Policy-2024. The government also allocated 22.80 acres at MPSEZ in N ...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, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
New Delhi: The Centre on Friday cleared the appointment of two additional judges to the Bombay High Court following the recommendation made by the Supreme Court Collegium. "In exercise of the power conferred by clause (1) of Article 224 of the Constitution of India, the President is pleased to appoint S/Shri (i) Gautam Ashwin Ankhad and (ii) Mahendra Madhavrao Nerlikar, to be Additional Judges of the Bombay High Court for a period of two years, in that order of seniority, with effect from the date they assume charge of their respective offices," said a notification issued by the Union Ministr ...Read More >
New Delhi, Jul 13 (PTI) Billionaire Anil Agarwal's mining conglomerate Vedanta Ltd nearly quadrupled its donations to the ruling Bharatiya Janata Party (BJP), contributing Rs 97 crore in the fiscal year ending March 2025, according to its latest annual report. Under "Miscellaneous Expenses', Vedanta detailed the political donations as well as the management and brand fee expenses it paid to its parent, London-listed Vedanta Resources Plc. Also Read | Kota Srinivasa Rao Dies at 83: Andhra Pradesh CM Chandrababu Naidu Condoles Demise of Veteran Actor, Says 'He Will Forever Stay Etched in Heart ...Read More >
Mumbai: JSW Steel Ltd reported better-than-expected profit for the June quarter, driven by higher production and sales volume as well as lower cost of coking coal, a key ingredient. The steelmaker's first-quarter profit jumped to ₹2,209 crore from Rs.867 in the same quarter a year ago, according to the company's exchange filings. A key reason for this was improved steel prices, primarily due to the government's 12% safeguard duty to protect the industry from cheap steel imports from China. "Steel prices rose during the quarter, while sales volumes also picked up due to the ramp-up of the Vij ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in a civil dispute between the parties by filing a first information report and seeking the help of the ...Read More >
Bhubaneswar: Revenue and disaster management minister Suresh Pujari on Friday asserted the govt is committed to winning the hearts of the people in the disputed Kotia region, for which Odisha and Andhra Pradesh have been in a legal tussle over jurisdiction for over six decades.Pujari, who leads a newly formed 16-member committee dedicated to the development of Kotia, chaired the panel's inaugural meeting. "A comprehensive road map for the region's all-round development will be prepared within a month. The govt aims to ensure that the people of Kotia have access to quality education, healthcare ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Hyderabad: After a carefully calibrated Cabinet expansion, providing representation to marginalised sections, the senior Congress leadership reached out to aspirants who did not make it to manage internal party dynamics. While legislators like Sudarshan Reddy, Komatireddy Raj Gopal Reddy, Malreddy Ranga Reddy, and Premsagar Rao -- all from upper castes -- aspired for Cabinet posts, the party prioritised social justice by inducting Dr Gaddam Vivek Venkatswamy, Adluri Lakshman Kumar, and Vakiti Srihari. The induction of three ministers -- two from the Scheduled Caste (SC) community and one fro ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >
Hyderabad: A day after the Cabinet approved 42 per cent reservations for Backward Classes (BCs) in local bodies, the panchayat raj department initiated the process to amend the Telangana Panchayat Raj Act, 2018 on Friday, to pave the way for an ordinance to implement the enhanced quota. The state government plans to issue the prdinance within a week and conduct zilla parishad and mandal parishad elections in August, followed by gram panchayat and municipal elections in September. The Telangana High Court has set a deadline of September 30 for the government to conduct the local body elections ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
Mumbai, July 18: Maharashtra Chief Minister Devendra Fadnavis on Thursday said that if a person belonging to a religion other than Hinduism, Buddhism or Sikhism has obtained a Scheduled Caste certificate fraudulently, it will be cancelled. Action will be taken against such a person if he or she has secured reservation benefits, such as government jobs. If such a person has won an election using a fraudulently obtained SC certificate, their election will be declared null and void, Fadnavis said in the legislative council. Replying to a calling attention motion, he also said the state governmen ...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 >
Noida: The Supreme Court, while hearing a plea - related to a March 25 order of the Allahabad High Court - alleging harassment while feeding of stray dogs in a community in Noida said, "There is space for these animals... but no space for humans. Should we leave every lane, every road, open for these large-hearted people? Why don't you feed them in your house,"a bench comprising of Justice Vikram Nath and Justice Sandeep Mehta said on Tuesday. The SC came down heavy on the petitioner and said "We will give you that suggestion... open a shelter in your own house. Feed every dog in the communit ...Read More >
Lucknow, Jul 17 (PTI) To curb illegal mining and transportation, the Uttar Pradesh government is deploying advanced technologies under the Integrated Mining Surveillance System (IMSS), a release said on Thursday. Mining activities are already being monitored through drones, geo-fencing, RFID tags, and AI-powered check gates. Now, the state is set to introduce 'Weigh-In-Motion' (WIM) technology to accurately track vehicle overloading. Also Read | 'Arvind Kejriwal Used Government Funds to Buy Mobiles Costing Up to INR 1.63 Lakh', Claims Delhi Minister Ashish Sood. According to the official re ...Read More >
Chief Minister A. Revanth Reddy received a relief with the Telangana High Court, on Thursday, quashing a case registered against him under the provisions of the Prevention of Atrocities against Scheduled Castes and Scheduled Tribes Act. The case was pending before the Special Sessions Judge for Trial of cases under the POA against SCs/STs Act-cum-VII Additional District Sessions Judge of Ranga Reddy at L.B. Nagar. Justice Moushumi Bhattacharya, pronouncing the verdict in a criminal petition fil ...Read More >