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.
The 3300 HP Cape Gauge (1067 mm) locomotives manufactured by BLW are designed for heavy-duty performance and operational versatility. Banaras Locomotive Works (BLW), the flagship locomotive manufacturing unit of Indian Railways, has added yet another milestone to India's growing export capabilities with the successful dispatch of its sixth indigenously designed 3300 Horse Power (HP) AC-AC diesel-electric locomotive to Mozambique on 15 December 2025. This marks continued progress under an export
NEW DELHI: State-owned Coal India Limited (CIL) recorded a 34% year-on-year growth in environmentally friendly coal transportation in FY 2025, moving 102.5 million tonnes (MT) through 20 First Mile Connectivity (FMC) projects linked to the Indian Railways network. In comparison, 76.5 MT was transported in FY 2024 through 17 such projects. In the current financial year, up to the end of May, CIL registered a 36.7% increase in coal dispatch via FMC projects, compared to 15 MT during the same period last year. CIL, India's largest coal miner, also plans to commission 19 additional FMC projects w ...Read More >
BEML Ltd. has secured a ₹157.33 crore order from the Defence Ministry to supply 79 Power Angling & Tilting Bulldozers. These bulldozers will support critical infrastructure and snow-clearing along India's borders. This follows BEML's successful completion of a previous order for 66 bulldozers, delivered on time. BEML emphasizes its commitment to indigenous defence manufacturing through in-house R&D and production facilities. BEML Ltd, a public sector undertaking, on Friday said it has been awa ...Read More >
Hyderabad: Union Railway minister Ashwini Vaishnaw and Union Coal minister G Kishan Reddy on Saturday, July 19, inspected the ongoing construction of the Rail Coach Factory and Railway Manufacturing Unit in Kazipet, Warangal district. The ministers expressed satisfaction with the progress of the work, which they said "is fulfilling a long-standing aspiration of the people of Warangal." Speaking to the media after the inspection, Union Railway minister Ashwini Vaishnaw stated that the mega rail coach factory in Kazipet is being built at a rapid pace. "Production of railway coaches in Kazipet ...Read More >
The trial runs of the Meerut Metro, part of the Regional Rapid Transit System (RRTS) project, have been completed and three-coach trains are being tested according to the timetable, officials of the NCR Transport Corporation (NCRTC) said. The 82km RRTS corridor linking Delhi, Ghaziabad, and Meerut with Namo Bharat trains is nearing completion and awaits formal inauguration. Meerut has a 23km RRTS network with 13 stations from Meerut (south) to Modipuram (depot). The Namo Bharat trains will halt ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
Union Railways Minister Ashwini Vaishnaw has said indigenously made 150 Vandebharat trains are slated for export with the first train set already flagged off by Prime Minister Narendra Modi. More railway rolling stock, including metro coaches, are getting export orders and the upcoming ₹521.26 crore mega Kazipet Railway Manufacturing Unit is going to play a key role once it is commissioned in 2026, he told the media at the factory site on Saturday (July 19, 2025). What will be manufactured the ...Read More >
New Delhi, August 3: Railway Minister Ashwini Vaishnaw on Sunday said that India's first bullet train between Mumbai and Ahmedabad will commence operations "very soon," and it will reduce travel time between the two cities to just 2 hours and 7 minutes. Talking to reporters at the Bhavnagar terminus in Gujarat, after virtually flagging off three trains: the Ayodhya Express, Rewa-Pune Express, and Jabalpur-Raipur Express, Vaishnaw stated that the bullet train project is moving quickly. Mumbai's Bandra Kurla Complex (BKC) will be connected to major cities of Gujarat, such as Vapi, Surat, Vadoda ...Read More >
Here comes a big update for the passengers. Mumbai local trains will get indigenous 'Kavach' safety boost by end of next year. This will be done in a major boost to commuter safety on one of the world's busiest suburban rail networks. What is Kavach? Kavach is a state-of-the-art electronic system developed under the 'Make in India' initiative that is presently being installed on Delhi-Mumbai as well as some other trunk routes. The indigenously designed Automatic Train Protection (ATP) system, which will automatically control train speed, prevent collisions, and ensure safe operations even w ...Read More >
Stocktwits - Indian markets opened firm on Wednesday, tracking mixed global cues, as optimism builds around a potential U.S.-India trade deal ahead of the critical July 9 deadline. The retail sentiment on Stocktwits for Nifty remained 'bullish'. Sectorally, it's a mixed bag with technology and metals leading the gains, while PSU banks and media stocks witnessed some selling pressure. IndusInd Bank (NSE:INBK) is the top Nifty loser, falling 3% as Goldman Sachs (NYSE:GS) downgraded it to 'Sell' with a target price of ₹722 per share. They expect subdued returns even after a recovery in H2 FY26 ...Read More >
New Delhi, The loco pilots union has written to Lok Sabha Speaker Om Birla, urging him to refer their dispute with the rail administration over rest hours to the lower house's Petition Committee, and warned of a nationwide strike if the issue is not resolved. The All India Loco Running Staff Association and the rail administration have locked horns over clubbing weekly rest hours with daily rest hours. However, the Railway Ministry said that, of late, it has created several amenities for loco p ...Read More >
Patna, July 19 (SocialNews.XYZ) In a major action against corruption, the State Vigilance Unit (SVU) on Saturday arrested Sub-Inspector Putul Kumari, the SHO of the Women's Police Station in Samastipur, for accepting a bribe of Rs 20,000. Her driver was also arrested in the case. The arrest has created a stir within the police department. According to an official, Putul Kumari was caught red-handed while taking the bribe from Rajiv Ranjan, a resident of Chhatauna village under Mufassil police station limits, in connection with an assault case. Rajiv Ranjan had filed a written complaint with ...Read More >
President Droupadi Murmu on Friday presented the SCOPE Eminence Awards for 2022-23 in New Delhi, praising the role of public sector enterprises (PSEs) in India's growth journey and their contribution to nation-building since Independence. Addressing the gathering, the President said the awards celebrate the "significant contribution of public sector enterprises to the development of India" across social, economic, environmental, technological and ethical dimensions. She appreciated the Standing ...Read More >
As a part of the new agreement between Mazagon Dock and BEML, Mazagon Docks will make facilities available to BEML's research team in exchange for their technical support to design and manufacture strategic equipment, reported PTI. The government-owned BEML Ltd. (formerly known as Bharat Earth Movers Ltd) announced on Wednesday, November 27, that it has signed an agreement with Mazagon Dock Shipbuilders to develop technologies for the marine industry, news agency PTI reported. According to the company statement cited by the agency, the company aims to leverage the opportunity to expand its e ...Read More >
Samastipur (Bihar) [India], July 8 (ANI): In a continued effort to modernise and upgrade railway infrastructure in Bihar, Union Minister for Railways Ashwini Vaishnaw on Monday laid the foundation stone and inaugurated several key projects worth Rs 17.30 crore at Karpoorigram Station under the Samastipur division. At the outset, Vaishnaw inspected the Digha Bridge Halt and thoroughly reviewed passenger amenities, safety, cleanliness, platform condition, drinking water, lighting, and security arrangements, according to a statement from the Ministry of Railways. He directed officials to work t ...Read More >
Tiruvallur (Tamil Nadu) [India], July 13 (ANI): People living in the vicinity of Tiruvallur Railway Station were evacuated to a safe place on Sunday after a goods train carrying diesel caught fire triggering a massive blaze, early this morning District Collector M Prathap said. The fire has been almost bought under control, he said. Also Read | Kitty Party Scam in Bengaluru: PU Professor Impersonates Advocate, Fights Cops Inside ACP's Office To Defend Fraudster Accused of Duping Women of INR 5 Crore in Basaveshwara Nagar; Arrested. "Today, around 5:30 am, at Tiruvallur Railway Station, a di ...Read More >
New Delhi, Jul 18 (PTI) State-owned BEML on Friday announced it has bagged a government order worth Rs 185.65 crore for supply of 79 units of bulldozers. The company has bagged the order from the Ministry of Defence (MoD), BEML said in an exchange filing. Also Read | PM Kisan Samman Nidhi Yojana 20th Installment Date: Eligible Farmers To Receive INR 2000 Into Their Bank Accounts on This Date, Know Steps To Check Your Name in Beneficiary List. "BEML Ltd secures MoD order worth Rs 185.65 crore for the supply of 79 units of its flagship Power Angling & Tilting (PAT) bulldozers," it said. The ...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 >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >
Indian Railways Finance Corp. Ltd. (IRFC) sanctioned a Rs 12,640 crore term loan to Chhattisgarh State Power Generation Co. on Friday for a thermal power project, according to a press release from the company. The loan is to finance a 2x660 MW Super Critical Thermal Power Project that will be set up in HTPS, Korba (West), Chhattisgarh. "The loan agreement was signed today at CSPGCL's headquarters in Raipur between Nav Goel, general manager, IRFC, and Sandeep Modi, executive director (finance) an ...Read More >
Bengaluru: A delegation led by chief minister Siddaramaiah, his deputy DK Shivakumar and some cabinet colleagues met Union defence minister Rajnath Singh Wednesday and sought central support for a wide range of proposals -- from setting up two defence industrial corridors and securing defence land for major infrastructure work in Bengaluru, to hosting an Indian Air Force (IAF) air show during this year's Mysuru Dasara celebrations.In a letter to Singh, Siddaramaiah urged the Centre to establish a defence industrial corridor each in North and South Karnataka, like those announced in Uttar Prade ...Read More >
Hyderabad: Sanjay Kumar Srivastava, a distinguished officer from the 1988 batch of the Indian Railway Engineering Service (IRSE), has officially assumed charge as the General Manager of South Central Railway (SCR). Prior to this new role, Srivastava served as the General Manager of the Central Organisation for Railway Electrification (CORE), where he was pivotal in driving technological advancements and policy reforms in civil engineering. His leadership contributed significantly to the development of railway infrastructure, the execution of metro projects, and the adoption of advanced rail ...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 >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...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 >
Bengaluru: For millions of people, the sudden, sharp pain of tooth due to sensitivity can turn a sip of cold water into a jolt. Now, researchers at Indian Institute of Science (IISc), in collaboration with Bengaluru-based deep-tech startup Theranautilus, have engineered "CalBots" - magnetic nanobots that can seal the problem at its source.As per IISc, CalBots are 400-nanometre particles loaded with a calcium silicate-based bioceramic formula, designed to travel 500 micrometres deep inside dentinal tubules, the tiny tunnels in the tooth that lead to nerve endings. Guided by an external magnetic ...Read More >
New Delhi [India], August 28 (ANI): The Appointments Committee of the Cabinet (ACC) has extended the tenure of Satish Kumar as Chairman and Chief Executive Officer (CEO) of the Railway Board for a further period of one year, effective from September 1, 2025. An order dated August 27 from the Secretariat of the Appointments Committee of the Cabinet, reads, "The Appointments Committee of the Cabinet (ACC) has approved the extension in tenure of Satish Kumar, Indian Railway Management Service (IRMS) (Retd.) as Chairman & Chief Executive Officer (CEO), Railway Board for a further period of one yea ...Read More >
New Delhi: The last pending station on the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) corridor at Sarai Kale Khan is all set to begin operations. Its inauguration is likely to be held on September 17. The new station will reduce the travel time between Sarai Kale Khan and Meerut to under one hour, with stops at each station, officials of the National Capital Region Transport Corporation (NCRTC) said on Saturday. Sources said the inauguration of the corridor is likely to be held on September 17, which is also Prime Minister Narendra Modi's birthday. However, there is no offici ...Read More >
Wheels India Ltd. (currently trading at ₹870) is a leading manufacturer of steel wheels, suspension systems, and air suspension products for commercial vehicles, tractors, and off-road equipment. A part of the TVS Group, the company operates manufacturing facilities in Tamil Nadu and Uttar Pradesh, with exports to over 25 countries. Its product portfolio spans forged wheels, aluminum wheels, bogie suspensions, and fabricated components for railways and wind energy. Wheels India is a critical supplier to OEMs like Tata Motors, Ashok Leyland, John Deere, and Indian Railways. Wheels India - FY22 ...Read More >
A Russian‑Indian joint venture has showcased the first design of a new high‑speed sleeper coach at the International Railway Equipment Exhibition in New Delhi. Kinet is a joint venture between Russian rolling stock companies and Indian government-owned Rail Vikas Nigam Limited (RVNL) for the manufacturing and maintenance of 120 Indian 'Vande Bharat' high-speed trains. The venture is expected to unveil the first prototype in June 2026, with manufacturing set to begin by the end of December, ...Read More >
Union Railway Minister Ashwini Vaishnaw on Wednesday highlighted India's remarkable progress in railway modernisation under the leadership of Prime Minister Narendra Modi, stating that the results of the past 11 years are clearly visible. New Delhi, Union Railway Minister Ashwini Vaishnaw on Wednesday highlighted India's remarkable progress in railway modernisation under the leadership of Prime Minister Narendra Modi, stating that the results of the past 11 years are clearly visible. Speaking a ...Read More >