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.
BENGALURU: Over 2,000 cab drivers on Tuesday staged a massive protest near the toll plaza at Sadahalli, opposing the new traffic management and kerbside pick-up policy at Terminal 1 (T1) and Terminal 2 (T2) of KIA. Passengers travelling to and from the airport were affected due the protest as it led to disruptions on the approach road, prompting the police to resort to a mild lathicharge to disperse the cab drivers. The protest, led by Karnataka Chalakara Okoota (Karnataka Drivers' Federation), began at 9 am and went on till 11 am. The police resorted to a mild lathicharge when a few airport-bound cabs were attacked by some protesters. Under the new policy, entry to the designated arrival zone at both terminals is free. But vehicles will be fined for overstaying beyond eight minutes, Rs 150 for eight to 13 minutes and Rs 300 for 13 to 18 minutes. Vehicles overstaying beyond 18 minutes will be towed away. All commercial vehicles, including yellow-board and electric cabs, should only be parked at the designated parking zones. Okoota president G Narayanaswamy told TNIE that the policy has hit drivers hard. "Now, vehicles are allowed only for drop-off at P1. For pick-up, we are forced to go to P4, which is nearly 1.25 km away. Earlier, passengers would call us and we could pick them up directly from the terminal," he said. "Even an eight-minute delay attracts a fine of Rs 150. What may seem small to some is a huge burden for drivers," he said.
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 >
Patna (Bihar) [India], July 6 (ANI): The ongoing Special Intensive Revision (SIR) campaign of the electoral rolls in Bihar is progressing rapidly and recognizing the efforts of the Polling station officials, the Chief Electoral Officer (CEO) of Bihar has announced a special incentive of Rs 6,000 for each. This additional honorarium is aimed at acknowledging their hard work and commitment during the intensive revision process. Also Read | PM Narendra Modi, Argentine President Javier Milei Agree to Diversify India-Argentina Trade Basket, Vows to Expand Cooperation in Defence, Security and Mine ...Read More >
New Delhi: Vehicle owners may soon get a new and easier way to pay tolls in India. The government is planning to introduce a FASTag Annual Pass that will allow unlimited travel on national highways and expressways. This was reported by the Times of India on May 24. The new system is being considered by the Ministry of Road Transport and Highways (MoRTH). If introduced, the FASTag Annual Pass will cost Rs 3,000 per year. With this one-time payment, users can travel freely across highways without paying toll charges each time. This move is expected to make road travel smoother and more afforda ...Read More >
New Delhi [India], May 2 : The daily toll collection through FASTag system achieved a historic milestone on April ... New Delhi [India], May 2 : The daily toll collection through FASTag system achieved a historic milestone on April 29, reaching an all-time high collection of Rs 193.15 crore, with 1.16 crore transactions recorded in a single day, said the Ministry of Road Transport and Highways on Tuesday. Since FASTag was mandated by the government in February 2021, the number of toll plazas under the FASTag programme has increased from 770 to 1,228, including 339 state toll plazas. With a p ...Read More >
Hyderabad, July 18 (UNI) In view of the ongoing heavy rains in Hyderabad, Chief Minister A Revanth Reddy has directed all concerned departments to stay on high alert and ensure swift response to public grievances. The Chief Minister instructed officials from GHMC, HMDA, Water Works, Electricity, and Police departments to work in close coordination to prevent any rain-related disruptions. He also emphasised the need for immediate action in areas facing waterlogging, power outages, or other rain-induced issues. CM Revanth Reddy further directed the deployment of SDRF, NDRF, Hydra teams, and ot ...Read More >
Mumbai: Authorities in Bengaluru should not have allowed mass celebrations if they were not fully prepared, India head coach Gautam Gambhir said on Thursday, a day 11 lives were lost in a stampede during IPL champions Royal Challengers Bengaluru's home coming celebrations. "I was never a believer that we need to have roadshows. When I was playing, I had the same statement to make, even after winning 2007 (T20 World Cup), that we should not have road shows," Gambhir said in Mumbai during India's tour of England predeparture media conference. "I think lives of the people are far more important. ...Read More >
Noida: The Noida transport department has hired a private agency to boost its official reach on social media after the UP government sanctioned ₹4 lakh for it, officials said on Tuesday. "The step has been taken to put more information to the public on their fingertips through official social media handles," said Siyaram Verma, assistant regional transport officer (ARTO) (administration), Noida. "The move to boost social media presence was decided after a meeting was chaired by transport commissioner BN Singh. The sanctioned amount will support this effort. A professional agency has now been ...Read More >
SRINAGAR: A defiant Jammu and Kashmir Chief Minister Omar Abdullah on Monday scaled the gates of the Naqshband Sahib graveyard to pay tributes to the 22 people killed by the Dogra army on July 13, 1931. The dramatic scene unfolded a day after Abdullah and several leaders of the National Conference and opposition parties were put under house arrest to prevent them from going to the graveyard to mark Martyrs' Day. National Conference president Farooq Abdullah took an autorickshaw from the Khanyar crossing to the martyrs memorial while Minister for Education Sakina Ittoo surprised everyone by r ...Read More >
Mumbai: Drivers using ride-hailing apps like Ola, Uber, and Rapido have initiated strikes in Mumbai, Pune, and Nagpur to demand improvements in pay and working conditions. The labour action, which began mid-week, has led to approximately 70 per cent of cabs being off the road, creating significant disruption for daily commuters, especially at airports and railway stations where many passengers are stranded. Commuters are experiencing heightened wait times and increased pricing due to fewer cabs available, with significant disruptions reported during rush hours, especially for school runs and ...Read More >
Pune: The Indian Gig Workers' Front on Saturday evening suspended the ongoing strike of cabs and autorickshaws operating on applications till Tuesday, after leaving many commuters, including those arriving at the airport on Saturday morning, hassled. Keshav Kshirsagar, the president of the front, said, "We have a meeting on Tuesday with senior officials of the state transport department. If its decisions don't meet our expectations, the strike will resume." Several commuters had a harrowing experience on roads on Friday and in the early hours of Saturday. Cabs and autos were hard to come by. T ...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 >
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 >
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 >
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 >
Shimla, July 5: The cumulative death toll in Himachal Pradesh's ongoing monsoon season has climbed to 75, combining 45 rain-related fatalities and 30 accidental deaths, including those from road mishaps, electrocution, and a gas explosion, according to official data released by the State Emergency Operations Centre (SEOC). The State Emergency Operations Centre (SEOC) released data covering the period from June 20 to July 4, 2025, which showed large-scale destruction across the hill state. The seasonal damage report, covering the period from June 20 to July 4, 2025, paints a grim picture of de ...Read More >
New Delhi [India], July 19 (ANI): Seasoned pacer Mohammed Shami, who missed out on a place in India's squad for the England tour, has been named in Bengal's expanded list of 50 probables for the upcoming domestic season, according to ESPncricinfo. Shami could potentially be a part of the East Zone in the season-opening Duleep Trophy, which kicks off on August 28, which could mark his return to competitive cricket. The 34-year-old, who has 64 Tests, 108 ODIs and 25 T20Is appearances under his belt, hasn't featured for India since the Champions Trophy, which concluded in March earlier this year ...Read More >
Mumbai, June 8 (SocialNews.XYZ) Chief Minister Devendra Fadnavis on Sunday debunked all allegations made by Congress leader Rahul Gandhi about rigging and match-fixing in the 2024 Maharashtra Assembly elections. In his articles titled 'Those Rejected by the People Deny the Mandate', published in the same three newspapers where Gandhi's write-ups appeared, CM Fadnavis advised the Congress MP to "accept defeat, introspect on where you went wrong, why your connect with the people is lacking, and what needs to be done." He taunted Gandhi, saying that the latter was preparing excuses for "defeats ...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 >
BENGALURU: Those using NICE (Nandi Infrastructure Corridor Enterprises) road, Electronics City flyover and Attibele road have to pay more from July 1. However, there will be no change in the toll fee for motorcyclists using the Electronics City flyover. They will continue to pay Rs 25 for a single trip and Rs 40 for multiple trips. For cars, the fee has been increased by Rs 5. As per the revision, Rs 65 has been fixed for cars, jeeps and vans for a single trip on the Electronics City elevated flyover and Rs 95 for multiple trips. The monthly pass fee has been increased to Rs 1,885. The fee f ...Read More >
Srinagar, Jul 3 (PTI) The annual Amarnath Yatra began on Thursday with the first batches of pilgrims setting off from the twin base camps in Baltal and Nunwan towards the 3880-metre-high cave shrine in the south Kashmir Himalayas, which houses a naturally formed ice-lingam, officials said. The yatra started early morning from the twin tracks -- the traditional 48-km Nunwan-Pahalgam route and the 14-km Baltal route. The batches of pilgrims, including men, women and sadhus, left from the Nunwan base camp in Pahalgam, in south Kashmir's Anantnag, and Baltal base camp in Sonamarg area of central ...Read More >
HYDERABAD: With the kharif season underway and farmers facing an acute shortage of urea, agriculture minister Tummala Nageswara Rao has written to the Centre, urging immediate intervention to ensure timely and sufficient supply of the critical fertiliser. In letters addressed to Union minister for chemicals and fertilisers JP Nadda, Tummala highlighted the alarming gap between the state's demand and actual supply. The minister said the Centre had allocated five lakh metric tonnes of urea to Telangana for the months of April, May, and June. However, only 3.06 lakh metric tonnes have been suppli ...Read More >
Guwahati: The East Khasi Hills district administration will enforce a new set of parking regulations from August 1 to improve urban mobility across Shillong in Meghalaya. The initiative, which spans seven key traffic zones including Sadar, Madanrting, Laban, Mawlai, Rynjah, Lumdiengjri, and Laitumkhrah, aims to organize parking in critical stretches of the city. Ready for a challenge? Click here to take our quiz and show off your knowledge! The Urban Affairs Department has introduced standard hourly parking fees, setting the rate at Rs 20 for two-wheelers and Rs 40 for four-wheelers, with z ...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 >
Pune was thrown into chaos as cab and auto drivers using app-based services went on strike. Passengers encountered not only increased fares but also instances of violence, making their travel experience perilous. Arguments with passengers and overcharging marred the indefinite strike called by aggregator app-based cab and auto drivers from Friday in the city. Among the worst affected were flyers arriving at the airport and struggling to find further travel options. A woman on her way to a doctor ...Read More >
Pune: Arguments with passengers and overcharging marred the indefinite strike called by aggregator app-based cab and auto drivers from Friday in the city. Among the worst affected were flyers arriving at the airport and struggling to find further travel options.A woman on her way to a doctor near Amanora Mall said she was mistreated by some autorickshaw drivers on strike. "I had hailed an auto and was on my way to the doctor when a group of other autorickshaw drivers stopped the driver. They snatched his cellphone and forcibly tried to pull me out of the vehicle, stating that a strike was on," ...Read More >
Gukesh Dommaraju is welcomed home upon his arrival at the Chennai International Airport on December 16 after his win at the FIDE World Chess Championship in Singapore. Gukesh Dommaraju returned home to jubilant scenes at Chennai International Airport on Monday having become the youngest ever chess world champion last week. The 18-year-old beat defending champion Ding Liren 7.5-6.5 in their best-of-14 final in Singapore on Thursday after the Chinese player blundered in the final game. Draped in ...Read More >
Ranchi: Union minister Nitin Gadkari on Saturday expressed concern over the "rising" number of poor, and said wealth was getting concentrated in the hands of some affluent people. There is a need for decentralisation of wealth, Gadkari said during an event in Nagpur, where he touched upon a range of issues, including agriculture, manufacturing, taxation and public-private partnerships in infrastructure development. "Slowly the number of poor people is increasing and wealth is getting centralised in the hands of some wealthy people. It should not happen," the road transport and highways minis ...Read More >
MANDYA: Tension gripped Elechakanahalli village in Mandya taluk after Dalits were allegedly denied entry into Maramma temple by upper caste people. As the situation escalated, heavy police deployment was made to prevent any untoward incidents. The controversy began when upper caste villagers reportedly blocked Dalits from entering Maramma temple, leading to clashes between the two communities. Taluk authorities temporarily sealed the temple and enforced tight security in the area. Later, leaders from both communities placed separate locks on the temple doors, further deepening the standoff. ...Read More >
Bengaluru: Almost two weeks after public anguish over the exorbitant rise in auto fares following the ban on bike-taxi operations in the state, transport minister Ramalinga Reddy Saturday instructed the transport commissioner to take action against ride-hailing mobile apps and regular autos if they are found charging illegal fares. Instructions have been given to transport department officials to cancel auto permits and book cases for illegal fare charges. Interestingly, the direction came from the minister hours after #stepdowntransportminister was trending on social media platform X over the ...Read More >
Nagpur: Congress Legislature Party leader Vijay Wadettiwar questioned the govt's priorities on Tuesday, highlighting the increasing number of farmer suicides in Maharashtra. He accused the govt of neglecting agrarian crisis while approving Rs20,000 crore for Shaktipeeth highway project."Money is available for massive infrastructure projects, but where is the budget for farm loan waivers as promised by the BJP before last year's assembly polls to the farmers?" Wadettiwar asked while moving an adjournment motion in the Legislative Assembly. He cited official data showing that between January and ...Read More >