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, one of the perpetrators of the deadly terror attack at Sydney's Bondi Beach, was an Indian citizen originating from Hyderabad in Telangana. Akram, aged 50, migrated to Australia in 1998 and held an Indian passport at the time of the incident. Telangana Police stated that his radicalisation showed no links to India.The attack on December 14, 2025, targeted a Hanukkah celebration, resulting in 15 deaths and over 40 injuries. Australian officials described it as an ISIS-inspired terrorist act. Sajid Akram was killed during an exchange of fire with police, while his son Naveed Akram, 24, survived and faces multiple charges including murder. Australian Prime Minister Anthony Albanese confirmed the father-son duo were motivated by Islamic State ideology. Evidence included homemade ISIS flags and improvised explosive devices found in a vehicle linked to Naveed. The assault marked Australia's worst mass shooting in nearly three decades.Telangana Police investigations revealed Sajid Akram completed a commerce degree in Hyderabad before emigrating on a student visa. He visited India six times post-migration, primarily for property matters, but maintained limited contact with family. Relatives reported no knowledge of his radical views. Australian authorities noted Naveed Akram had been investigated in 2019 for associations with a Sydney-based ISIS cell but was cleared of posing an imminent threat. The younger Akram, born in Australia, worked as a bricklayer until recently unemployed.Philippine immigration records confirmed both travelled to the country from November 1 to 28, 2025, listing Davao as their destination. Australian counter-terrorism sources suggested possible military-style training in regions known for Islamist insurgency. New South Wales Police seized six legally owned firearms from Sajid Akram, who held a recreational hunting licence. The attack has prompted calls for stricter gun laws in Australia, including limits on ownership and citizenship requirements.Indian police emphasised that factors leading to the Akrams' radicalisation appeared unrelated to India or local influences in Telangana. No adverse records existed against Sajid prior to his departure. The incident has raised international concerns over lone-wolf terrorism inspired by ISIS remnants. Philippine authorities are cooperating with Australian investigators regarding the duo's activities during their stay.Community leaders in Sydney condemned the attack, stressing it does not represent Islam. Memorials continue at Bondi Beach as the nation mourns the victims, including children and elderly attendees. Source: https://www.theguardian.com/australia-news/2025/dec/16/bondi-beach-terror-attack-shooters-alleged-father-son-isis-philippines-training-ntwnfb
India is not a dharmashala (free shelter) that can entertain refugees from all over the world, the Supreme Court said today, refusing a Sri Lankan national's plea for refuge. The bench of Justice Dipankar Datta and Justice K Vinod Chandran was hearing a petition by a Sri Lankan national, who was arrested in 2015 on suspicion of being linked to the Liberation Tigers of Tamil Eelam (LTTE), a terrorist organisation once active in Sri Lanka. In 2018, a trial court convicted him under the Unlawful Activities (Prevention) Act and sentenced him to 10 years in jail. In 2022, the Madras High Court sla ...Read More >
New Delhi: In an open letter sharply condemning the detention and alleged expulsion to Bangladesh of a number of people declared foreigners by tribunals in Assam as a violation of their rights, a group of activists, lawyers and academics has urged the government to stop such expulsions and allow the return of those sent across the border. Dozens of those expelled to Bangladesh reportedly have appeals against their declaration as foreigners pending in the Supreme Court, the letter noted. "Pushbacks," said the letter using the term being used by the government for these expulsions, "fall on the ...Read More >
Mark Carney declined to answer if he believed Indian PM had a role in murder of Sikh activist Hardeep Singh Nijjar Canada's prime minister Mark Carney has defended his decision to invite India's prime minister Narendra Modi to the upcoming G7 summit in Alberta, despite Canada's federal police's conclusion that the murder of a prominent Sikh activist in British Columbia was orchestrated by the "highest levels" of the Indian government. Carney declined to answer reporters' questions over whether ...Read More >
PNN New Delhi [India], May 20: With rising temperatures and vacation time in summer just around the corner, summer travel to Europe is seeing a huge boom from Indian tourists. According to recent reports, there has been a whopping 29% increase in Schengen visa applications from India, signifying strong demand to discover the cultural festivals, historic cities, and picturesque landscapes Europe has in store. Due to more efficient processes and enhanced travel assistance, Indian travelers are now opting to apply Schengen visa online with Akbar Travels--one of India's most reliable travel bran ...Read More >
New Delhi [India], May 21 (ANI): The Supreme Court on Wednesday granted anticipatory bail to former Indian Administrative Service (IAS) trainee officer Puja Khedkar, accused of forging her documents to obtain eligibility for the 2022 Union Public Service Commission test. A bench of Justices BV Nagarathna and Satish Chandra Sharma asked Khedkar to cooperate in the probe. Also Read | Security Scare in Kolkata: Police Launch Probe After Drone-Like Objects Spotted Over Sky, Centre Seeks Report From West Bengal Govt. During the hearing, the bench said, "What is the grave crime she has committed? ...Read More >
Raipur/Hyderabad: Barely a fortnight after gunning down CPI(Maoist) general secretary Nambala Keshava Rao alias Basavaraju, security forces shot dead his long-time aide, central committee member Sudhakar alias Tentu Lakshmi Narasimha Chalam -- the banned outfit's ideological chief -- in a forest in Bastar's Bijapur district Thursday morning.Born into a middle class family in Andhra Pradesh's Eluru district, Sudhakar, 67, carried a collective bounty of Rs 85 lakh in Chhattisgarh, Telangana and AP. He is the third central committee member to be killed in Bastar this year after Jai Ram alias Chal ...Read More >
New Delhi [India], November 26 (ANI): Responding on the arrest and denial of bail of Chinmoy Krishna Das the Ministry of External Affairs on Tuesday urged Bangladeshi government to ensure the safety and security of Hindus. "We have noted with deep concern the arrest and denial of bail to Shri Chinmoy Krishna Das, who is also the spokesperson of the Bangladesh Sammilit Sanatan Jagran Jote", the statement said. "This incident follows the multiple attacks on Hindus and other minorities by extremist elements in Bangladesh. There are several documented cases of arson and looting of minorities' ho ...Read More >
Junaid Ahmed Bhat, a Lashkar-e-Taiba terrorist allegedly involved in a deadly attack near a tunnel construction site in Gagangir, Jammu and Kashmir, was killed by security forces in Dachigam forest. The operation, based on intelligence inputs, turned into a gunfight, resulting in Bhat's death. In a significant counter-terrorism operation, security forces neutralized Junaid Ahmed Bhat, a Lashkar-e-Taiba terrorist, in the Dachigam forest region on Tuesday. Bhat was implicated in an assault near a tunnel construction site in Gagangir, Jammu and Kashmir. The operation commenced following precise ...Read More >
Dhaka: India should 'unequivocally' recognise the July-August uprising, which toppled Prime Minister Sheikh Hasina's regime, to start bilateral ties afresh, a key aide of Bangladesh's interim government said Wednesday. In a Facebook post, Mahfuj Alam -- considered a de facto minister in the interim government and a key leader of Bangladesh's Anti-Discrimination Students Movement -- noted that the Indian establishment tried to portray the uprising as "something militant, anti-Hindu, and an Islamist takeover" and asked India to "change the Post '75 playbook and realise the new Bangladesh realit ...Read More >
Karachi-born Shane Sabastian Pereira entered India to live in his ancestral village in Goa just four months after his birth, but it has taken him 43 years to obtain Indian citizenship. IMAGE: Goa Chief Minister Pramod Sawant hands over the Indian citizenship certificate to the Karachi-born Shane Sabastian Pereira. Photograph: @DrPramodPSawant/X Goa Chief Minister Pramod Sawant on Tuesday handed over the Indian citizenship certificate to the Pakistan-born Christian man under the Citizenship (Ame ...Read More >
Guwahati, Feb 4: Assam's Special Task Force (STF) arrested another Ansarullah Bangla Team (ABT) operative in the early hours of Tuesday in Kokrajhar, bringing the total number of arrests in the case to 12. Acting on intelligence inputs, the STF, with assistance from Kokrajhar police under Operation Praghat, apprehended one Nasim Uddin SK, a key operative suspected of involvement in extremist activities. The accused was presented before the court and has been remanded to seven days in police custody for further interrogation. According to an STF statement issued on Tuesday, Nasim Uddin is no ...Read More >
SRINAGAR: The National Investigation Agency (NIA) on Thursday raided and subsequently searched 32 locations across Kashmir Valley as part of its "continuing investigations against terror conspiracy by Pakistan backed proscribed terrorist organisations and their offshoots to destabilise Jammu and Kashmir". The locations, it claimed, were residential premises of hybrid terrorists and overground workers associated with The Resistance Front (TRF), United Liberation Front Jammu & Kashmir (ULFJ&K), Mujahideen Gazwat-ul-Hind (MGH), Jammu & Kashmir Freedom Fighters (JKFF), Kashmir Tigers, PAAF and ot ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...Read More >
Srinagar, Jun 06: Political leaders in Jammu and Kashmir have extended greetings to the people on the auspicious occasion of Eid-ul-Adha. They expressed hope that the revered occasion brings peace and prosperity to the region. Dr Farooq Abdullah National Conference (NC) president, Dr Farooq Abdullah conveyed his heartfelt greetings to the people on Eid-ul-Adha, wishing them peace, prosperity and unity. In his message, Dr Abdullah reflected on the profound significance of the day, saying, "As the Muslim Ummah comes together in celebration of Eid-ul-Azha, I extend my warmest greetings to ever ...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 >
Panaji, Dec 10 (PTI) Karachi-born Shane Sabastian Pereira entered India to live in his ancestral village in Goa just four months after his birth, but it has taken him 43 years to obtain Indian citizenship. Goa Chief Minister Pramod Sawant on Tuesday handed over the Indian citizenship certificate to the Pakistan-born Christian man under the Citizenship (Amendment) Act. Shane is the second person from the coastal state to receive the certificate, after Joseph Francis Pereira, another Pakistani citizen who was granted Indian citizenship in August this year. Shane, originally from Demello Wado ...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 >
New Delhi [India], June 7 (ANI): The invitation to Prime Minister Narendra attend the G7 summit in Canada was due and 'had to come' with India being a big geopolitical power, Foreign Affairs Expert Robinder Sachdev said on Saturday. 'Invitation to Prime Minister Narendra Modi for the G7 Summit was due, it had to come. India is too big a power now, geopolitically, economically, and with our common sense in this world which is in the middle of a conflict. India had to be a participant at the table there,' Sachdev told ANI here. Talking about the 'gossip' about Canada not inviting India to the ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...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] January 22 (ANI): Congress MP Randeep Singh Surjewala on Wednesday urged Prime Minister Narendra Modi to take a stand in defending the rights of Indian immigrants in the United States. Surjewala also highlighted the contributions of over 20,000 Indian immigrants and expressed concerns over the government's silence on the deportation orders under President Donald Trump's administration. Sharing a detailed post on X Surjewala said, "Dear Prime Minister Modi ji, Pls spare a few moments to watch Bishop Mariann Edgar Budde speaking the truth to President of United States of Amer ...Read More >
New Delhi: The Supreme Court on Wednesday decided to grant anticipatory bail to former IAS probationer Puja Khedkar, accused of cheating and wrongly availing OBC and disability quota benefits in the civil services examination. The matter was heard by a bench consisting of justices BV Nagarathna and Satish Chandra Sharma. "What is the grave crime she has committed? She is not a drug lord or a terrorist. She has not committed 302 (murder). She is not an NDPS offender", said the bench. "You should have a system or software. You complete the investigation. She has lost everything and will not ge ...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 >
New Delhi [India], June 7 (ANI): The invitation to Prime Minister Narendra attend the G7 summit in Canada was due and 'had to come' with India being a big geopolitical power, Foreign Affairs Expert Robinder Sachdev said on Saturday. 'Invitation to Prime Minister Narendra Modi for the G7 Summit was due, it had to come. India is too big a power now, geopolitically, economically, and with our common sense in this world which is in the middle of a conflict. India had to be a participant at the table there,' Sachdev told ANI here. Talking about the 'gossip' about Canada not inviting India to the ...Read More >
A violent clash between Bangladeshi security forces and supporters of Hindu leader Chinmoy Krishna Das Brahmachari resulted in one fatality on Tuesday. The incident occurred after Brahmachari, an outspoken monk and spokesperson for a newly-formed Hindu advocacy group, was denied bail on sedition charges. According to AFP, citing Nurul Alam, a police inspector stationed at Chittagong Medical College Hospital, public prosecutor Saiful Islam Alif succumbed to injuries sustained during the altercation. "He had deep injuries on his head," confirmed hospital director Taslim Uddin. The clashes erup ...Read More >
Bangladeshi Hindu priest Chinmoy Krishna Das's wait for freedom has been prolonged as his bail hearing was postponed on Tuesday. Chinmoy Krishna Das Brahmachari, spokesperson of the Bangladesh Sammilita Sanatani Jagran Jote and head of the Pundarik Dham in the Chittagong district of Bangladesh, will now have to wait at least till January 2, 2025, for his hearing to take place. On Tuesday, Chinmoy Das's lawyer did not appear on his behalf in the court of Metropolitan session's Judge Saiful Islam in Chittagong. Apart from this, the state also sought time. The court has now fixed January 2 as th ...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 >
New Delhi [India], February 5 (ANI): Hundreds of Pakistani Hindu refugees who have been living in Delhi cast their votes for the first time after being granted citizenship under the Citizenship Amendment Act. This marked a powerful moment in their journey from statelessness to citizenship. Interacting with ANI after exercising their voting rights, refugees expressed their happiness and said that they feel proud of being citizen of the country. Dhanwanti, one of the Pakistani refugees, now an Indian voter, said, "We came here from Pakistan...I voted for the first time here in India...I am fe ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
Hyderabad: In a major espionage breakthrough amid rising India-Pakistan tensions, the authorities have uncovered a network of Indian netizens allegedly recruited by Pakistan's ISI to leak sensitive information. The key figure in this alleged spy ring is Noshaba Shehzad, codenamed 'Madam N.' Shehzad, a travel agency head from Lahore, is accused of luring Indian net influencers and even government officials into becoming spies for Pakistan. Sources claim that Shehzad facilitated the travel of nearly 3,000 Indian citizens and 1,500 Non-Resident Indians (NRIs) to Pakistan over the last six months ...Read More >