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.
Alwar, Dec 17 (SocialNews.XYZ) Three people were burned alive when a pickup truck collided with another truck and caught fire on the Delhi-Mumbai Expressway in Rajasthan's Alwar, police said on Wednesday. According to the officials, a pickup truck was travelling from Delhi towards Jaipur on the expressway when the accident occurred at channel number 131.5, under the Raini police station of Alwar. The pickup truck collided with a truck ahead of it, and the impact caused sparks, which quickly ignited the vehicle, turning it into a ball of fire. Upon receiving the information, the police arrived at the scene, along with the fire department officials, and attempted to extinguish the fire. A team from the National Highways Authority of India (NHAI) also arrived at the scene. They rescued the people inside the pickup truck. There were four people in the pickup truck, three of whom were severely burned. All were taken to the Raini hospital, where three of them succumbed to their injuries. The seriously injured driver was immediately referred to Jaipur for treatment. The bodies of the three deceased have been kept in the mortuary at the Raini hospital. The deceased have been identified as Mohit, a resident of Bahadurgarh, Haryana; and Deependra and Padam, both residents of Sagar, Madhya Pradesh. The seriously injured driver has been identified as Hanny, a resident of Jhajjar, Haryana. The police have informed the families of the deceased. It is also being reported that multiple vehicles were involved in a collision, which led to the accident. However, when the police arrived at the scene, only the pickup truck was present; no other vehicles were found. This comes just a day after 13 people were killed and dozens were injured in a 10-vehicle pile-up on the Delhi-Agra Expressway in Mathura. The accident occurred on Tuesday morning when seven buses and three cars collided amid dense fog. Poor visibility due to thick fog led to a massive multi-vehicle pile-up, as several vehicles crashed into one another.
Chennai: Hours before Union home minister Amit Shah was to arrive in Madurai, Thuglak editor and an associate of Shah, S Gurumurthy on Saturday met PMK founder S Ramadoss. The PMK leader, however, ruled out the possibility of meeting Amit Shah during his two-day visit to Tamil Nadu.Gurumurthy met Ramadoss for the second time amid reported tension within PMK regarding alliance strategies and insistence by Anbumani Ramadoss to remain party president. The hour-long meeting took place at the T Nagar residence of A K Vijay Mahesh, son of former Union minister and PMK leader A K Moorthy, sources sai ...Read More >
Gandhinagar (Gujarat) [India], July 15 (ANI): The National Highways Authority of India (NHAI) has announced the temporary suspension of toll collection on a 28.71 km stretch of the Amritsar-Jamnagar Expressway (NH-754K), owing to essential repair work currently underway. This stretch falls under Package-4 of the Sanchore-Santalpur section of the expressway, a key infrastructure link being developed under the ambitious Bharatmala Pariyojana. According to the official statement, the toll suspension will be effective from 8:00 AM on July 15 and will remain in place until the completion of the on ...Read More >
The Delhi-Mumbai Expressway's Wayside Amenity Stations, initiated by NHAI, are revolutionizing the travel experience for long-distance truck drivers. These driver-centric stations offer essential facilities such as rest areas, dining, and refueling, significantly enhancing comfort, safety, and convenience for India's highway heroes. The Delhi-Mumbai Expressway, one of the most ambitious infrastructure projects by the Ministry of Road Transport and Highways, is setting new standards in eco-sensit ...Read More >
Mathura, Dec 16 (PTI) Thirteen people died of burns, and 35 sustained injuries when a vehicle pile-up on the Yamuna Expressway here early Tuesday sparked a big fire, a police officer said. At least seven buses and three smaller vehicles collided with each other in the dense fog around 4.30 am, the officer said. The incident occurred under the Baldev Police Station jurisdiction. "The vehicles collided due to low visibility on the Agra-to-Noida side of the Yamuna Expressway. Some vehicles also caught fire. All injured have been sent to the hospital," Mathura Senior Superintendent of Police Sh ...Read More >
According to the police, a pickup vehicle travelling from Delhi to Jaipur collided with another vehicle near Channel Number 131 under the Reni police station area. Following the collision, the pickup caught fire within moments. Eyewitnesses said the impact was severe and the vehicle was engulfed in flames almost immediately. People present at the spot attempted to rescue the occupants, but the fire spread rapidly, leaving no chance to save them. Three occupants of the pickup were trapped inside ...Read More >
NEW DELHI: National Highways Authority of India (NHAI) plans to bid out 124 highways and expressway projects worth Rs 3.4 lakh crore in current financial year (2025-26). NHAI has put the entire list of projects in public domain, amid a sense of uncertainty among the highway developers.In last two years, there has been a slowdown in award (bidding out) of projects by NHAI, after the halt of govt's flagship Bharatmala programme for highway development. While NHAI bid out projects of 6,003 km in 2022-23, this has slowed down to 3,339 km in 2023-24 and increased marginally to 4,008 km in 2024-25. ...Read More >
The Noida International Airport (NIA) in Jewar, Uttar Pradesh, is expected to be inaugurated in a couple of days. As one of India's largest greenfield airports, the NIA, also known as Jewar airport, will significantly boost air connectivity for Delhi-NCR and western UP. Moreover, NIA has been designed to ease congestion at Delhi's Indira Gandhi International Airport. As the initial phase of the project is underway, let's take a look at how well the airport will be connected and what features will ...Read More >
Lucknow: Four persons were killed after a sleeper bus enroute to Ludhiana in Punjab from Darbhanga in Bihar overturned on the Purvanchal Expressway at around 3:30 pm on Monday. Additional Deputy Commissioner of Police (South) Rallapalli, Basant Kumar, said four persons were killed and 18 others injured after the bus bearing registration number HR-55-AS-1323 overturned on the expressway. He said the mishap occurred near Khema Kheda village in Gosaiganj. "The bus was traveling at a high speed and its driver lost control of the vehicle as a result of which it overturned," Kumar said. Eyewitness ...Read More >
The Delhi-Dehradun Expressway has been constructed at a cost of Rs 12,000 crore. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Prime Minister Modi to inaugurate Delhi-Dehradun Expressway on April 14 * The 210 km expressway reduces travel time from 6.5 to 2.5 hours * It connects Delhi, Uttar Pradesh, and Uttarakhand with a six-lane corridor Did our AI summary help? Let us know. Switch To Beeps Mode Prime Minister Narendra Modi is scheduled to inaugurate the much-awaited Delh ...Read More >
Mumbai, Jun 5 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Thursday inaugurated the final 76-km-long stretch of the Samruddhi Mahamarg, making the entire 701-km Mumbai-Nagpur corridor fully functional and bringing down the travel time between the two cities to 8 hours from around 18 hours. Fadnavis described the Mumbai-Nagpur Samruddhi Mahamarg as an "engineering marvel" and said this "economic corridor" would play a vital role in the state's development. Fadnavis said by connecting the expressway with the proposed Vadhvan port, they are planning to develop it as an "economic corrid ...Read More >
NEW DELHI: The government has approved shifting of Gurgaon's Kherki Daula toll plaza on the Delhi-Jaipur National Highway (NH-48) to Pachgaon, a place beyond Manesar, paving the way for easy commute for lakhs of office goers.When the plaza is moved to Pachgaon, over 15 kilometres from Gurgaon, commuters travelling between Delhi and Manesar also won't have to pay toll. Locals have been demanding its removal since 2014.TOI has learnt that Union road transport and highways minister Nitin Gadkari has approved the plan, and to ensure the new spot doesn't see any congestion, the National Highways Au ...Read More >
The tunnel will connect Shiv Murti-Mahipalpur near Dwarka Expressway to Nelson Mandela Road in Vasant Kunj. A new 5-km-long tunnel aimed at easing traffic congestion across South Delhi and major routes into the NCR was announced by Chief Minister Rekha Gupta on Sunday. The tunnel will connect Shiv Murti-Mahipalpur near Dwarka Expressway to Nelson Mandela Road in Vasant Kunj. The Rs 3,500-crore project will be executed by the National Highways Authority of India (NHAI), and is part of six major ...Read More >
Mathura (Uttar Pradesh) [India], December 16 (ANI): At least four people lost their lives and 25 others sustained injuries after several buses caught fire following a massive collision on the Delhi-Agra Expressway in Uttar Pradesh's Mathura district during the early hours of Tuesday, officials said. According to the police, the accident occurred at Yamuna Expressway's Milestone 127 amid low visibility caused by dense fog. Soon after the incident, police teams and fire department personnel rushed to the scene to carry out rescue and relief operations. As many as 11 fire tenders were deployed t ...Read More >
New Delhi: In a joint operation, the Israel Defense Forces (IDF) and the Israel Security Agency (ISA) have eliminated As'ad Abu Sharaiya, a senior leader of the Mujahideen terrorist organization in Gaza, and another terrorist, Mahmoud Muhammad Hamid Kuhail. According to the IDF, Abu Sharaiya was directly involved in the October 7, 2023, massacre, infiltrating Kibbutz Nir Oz, and was responsible for the abduction and murder of several Israeli citizens, including Shiri, Ariel, Kfir Bibas, and Nattapong Pinta. He also played a role in recruiting operatives for terror attacks against Israel and I ...Read More >
12 Jaipur: Around 3,800 vehicles travelled through the Jaipur-Bandikui linkway in the first 12 hours of the inaugural day of the trial run Wednesday, reducing the travel time between Jaipur and Delhi by at least 30 to 45 minutes. Officials of National Highways Authority of India (NHAI) said the number of vehicles would increase in the coming days.Confirming the figures of vehicle movements on the first day, Bharat Singh Joiya, project director of NHAI (Dausa PIU), said now that the trial run had started, NHAI won't close this linkway unless they find any major safety concerns. "We cannot comme ...Read More >
New Delhi: Was it the pitch? Was it the conditions? Was it the bowling? The questions doing the rounds after yet another strange show in good batting conditions by India were many. But with the exception of Shubman Gill, who became just the second Indian captain, after Mohammad Azharuddin, to score hundreds in consecutive matches in England, and Yashasvi Jaiswal, few India batters managed to answer them in a satisfactory manner. After being put into bat by England, India looked like they were in control at various points during the day but then somehow contrived to gift away wickets and end t ...Read More >
Ranchi: The long awaited Ratu road flyover was inaugurated by Union minister of road transport and highways Nitin Gadkari on Thursday. The 4.18 km long, four-lane project has been built at a cost of Rs 560 crore. Once opened for traffic movement, the flyover will boost the city traffic by doing away with the perennial traffic congestion at Ratu road. Besides inaugurating the flyover, Gadkari also laid the foundation stone for two new flyover projects at the OTC ground in the evening. Various MPs, state transport minister Deepak Birua among others were present on the occasion.Calling the newly ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
Alwar, December 17: Three people were burned alive when a pickup truck collided with another truck and caught fire on the Delhi-Mumbai Expressway in Rajasthan's Alwar, police said on Wednesday. According to the officials, a pickup truck was travelling from Delhi towards Jaipur on the expressway when the accident occurred at channel number 131.5, under the Raini police station of Alwar. The pickup truck collided with a truck ahead of it, and the impact caused sparks, which quickly ignited the vehicle, turning it into a ball of fire. Upon receiving the information, the police arrived at the sce ...Read More >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >
Mumbai: Chief Minister Devendra Fadnavis on Tuesday expressed confidence during the inauguration of Tesla's Experience Centre that Maharashtra will become the state with the highest electric vehicle (EV) manufacturing capacity in India. World-renowned EV manufacturer Tesla has officially entered the Indian market, and its first Experience Centre in the country -- located in Mumbai -- was inaugurated by CM Fadnavis. Transport Minister Pratap Sarnaik, Principal Secretary/CEO Kaustubh Dhavse, and Tesla representatives were also present. CM Fadnavis said this was a momentous occasion for Maharas ...Read More >
Mathura (Uttar Pradesh) [India], December 16 (ANI): At least four people lost their lives and 25 others sustained injuries after several buses caught fire following a massive collision on the Delhi-Agra Expressway in Uttar Pradesh's Mathura district during the early hours of Tuesday, officials said. According to the police, the accident occurred at Yamuna Expressway's Milestone 127 amid low visibility caused by dense fog. Soon after the incident, police teams and fire department personnel rushed to the scene to carry out rescue and relief operations. As many as 11 fire tenders were deployed t ...Read More >
New Delhi: Road users across India will no longer be able to pay toll fees in cash from April 1 as the National Highways Authority of India (NHAI) shifts to a fully digital payment system. In a major step towards modernising highway travel, NHAI will implement a complete ban on cash payments at toll plazas across the country. From April 1, commuters will have to pay toll charges only through digital modes such as FASTag or UPI. The move is aimed at improving efficiency and bringing more transparency to toll collection on national highways and expressways. Officials believe that a fully digit ...Read More >
New Delhi, Jun 8 (PTI) Delhi Chief Minister Rekha Gupta on Sunday said the Centre has approved several projects worth Rs 24,000 crore to streamline traffic and reduce pollution in Delhi and its adjoining areas, including a five-km tunnel between Shiv Murti-Mahipalpur (Dwarka Expressway) and Nelson Mandela Road (Vasant Kunj). The tunnel will be constructed by the National Highways Authority of India (NHAI) at an estimated cost of Rs 3,500 crore, she said, adding that the projects were approved during a recent meeting with Union Minister of Road Transport and Highways, Nitin Gadkari. Also Read ...Read More >
NEW DELHI: The Enforcement Directorate (ED) on Thursday announced the provisional attachment of assets worth approximately ₹131.45 crore in Spain, including a luxury yacht and immovable properties, under the Prevention of Money Laundering Act (PMLA). These assets belong to Pavel Prozorov, a Spanish national and the alleged mastermind behind the unauthorised forex trading platform OctaFX. The attached assets comprise a commercial Italian-model luxury yacht cruising in the Western Mediterranean, a minijet boat, a luxury car, and two residential properties in Spain. The ED's probe was launched ...Read More >
New Delhi: The Supreme Court mulled formulating pan-India guidelines to prevent road accidents, such as a recent one in Rajasthan's Phalodi that claimed 15 lives, on expressways and national highways. A bench of Justices J K Maheswari and Vijay Bishnoi flagged the construction of illegal "dhabas" on both sides of national highways and expressways as a possible cause of road accidents and asked Solicitor General Tushar Mehta, who appeared in the matter for the National Highways Authority of India (NHAI), to submit the statutory rules and regulations for initiating action against these eateries ...Read More >
NEW DELHI, Apr 7: Cash payments at toll plazas will be discontinued for travellers on National Highways from April 10, the Road Transport and Highways Ministry has said. In a gazette notification, the ministry has said that in cases where a vehicle enters a fee plaza without a valid FASTag, users can still pay via Unified Payment Interface (UPI), but at a higher charge of 1.25 times the applicable toll fee. Follow the Daily Excelsior channel on WhatsApp A senior NHAI official said that the move is aimed at reducing long queues at toll gates and make Highway travel smoother for commuters. T ...Read More >
12 Jaipur: Around 3,800 vehicles travelled through the Jaipur-Bandikui linkway in the first 12 hours of the inaugural day of the trial run Wednesday, reducing the travel time between Jaipur and Delhi by at least 30 to 45 minutes. Officials of National Highways Authority of India (NHAI) said the number of vehicles would increase in the coming days.Confirming the figures of vehicle movements on the first day, Bharat Singh Joiya, project director of NHAI (Dausa PIU), said now that the trial run had ...Read More >
New Delhi: The Enforcement Directorate (ED) on Tuesday told a Delhi court that the Gandhi family's claim of having no control over Associated Journals Limited (AJL), the publisher of National Herald, is false. During the hearing at the Rouse Avenue Court, the agency accused senior Congress leader Sonia Gandhi and Leader of Opposition in Lok Sabha Rahul Gandhi of fraudulently acquiring property worth Rs 2000 crore belonging to Associated Journals Limited (AJL), the original publisher of the National Herald newspaper. Submiting arguments in the National Herald case, the ED reportedly rejected ...Read More >
Patna: Non-vegetarian dishes have made Bihar's politics spicier on several occasions, and so union minister and senior JD (U) leader Rajiv Ranjan Singh aka Lalan Singh' recent mutton party for party workers and supporters under his Munger constituency was no exception. Lalan Singh listened to problems of common people at Suryagarha in Lakhisarai district of Bihar (part of Munger constituency) to sort them out with local authorities and also threw a mutton party for them, creating a controversy as the feast was organised in the month of saawan. Although Lalan Singh made separate arrangements ...Read More >