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.
Madurai (Tamil Nadu) [India], December 18 (ANI): A fire broke out in an LIC Office in the Periyar area of Madurai on Tuesday night. The fire tender and ambulance have been reported to be at the scene. One woman died during the incident, according to the Madurai City Police. An eyewitness, Manikandan, said, "I came to withdraw cash from the ATM at exactly 8.45 pm. At that time, I learned that a fire had broken out on the upper floor, so I immediately went upstairs. I broke the glass door, and then a person came out with burn injuries. I informed the police and called an ambulance regarding the fire. After the injured person came downstairs, he told me there was a woman upstairs, but it was too late. If he had told me a little earlier, she could have been saved." Further details awaited. Earlier, a fire broke out at a chemical factory in Makhinga village of Palsana in Surat, Gujarat, on Wednesday. Fire tenders were rushed to the spot, and efforts to control the fire are underway, a fire officer said. Fire Officer Rishi Soni told reporters, "A call was received this morning about a fire in a chemical factory. The fire tenders were immediately deployed on the spot. The efforts to douse the fire are underway. The cause of the fire is unknown." Earlier on December 12, a massive fire broke out at a plastics raw material company in Gujarat's Valsad, with local fire authorities deploying multiple fire tenders to douse the blaze. Visuals from Tumb village in Umbergaon taluka, Valsad, showed multiple firefighting officials carrying water containers to douse the flames engulfing the godown. While no casualties have been reported so far, firefighting operations were carried out with at atleast six fire tenders on site. On Thursday evening, December 11, a fire broke out at a godown in Gujarat's Surat. Surat Chief Fire Officer Basantkumar Pareek told ANI, "Wooden items, used in weddings, are stored here. Flammable materials such as mattresses, cushions, and PVC chairs are also present. We are making efforts to ensure that the fire doesn't spread." About 50 fire personnel carried out the operation, and no casualties were reported, the fire officer said. (ANI)
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
New Delhi [India], December 4 (ANI): The Central Bureau of Investigation (CBI) on Wednesday conducted searches at 10 locations in Delhi and surrounding areas in connection with an on-going investigation of a transnational cyber enabled fraud case involving large-scale financial scams. CBI registered the said case under Sections 403 and 420 of the Indian Penal Code and Section 66D of the Information Technology Act, 2000, based on a written complaint received from the Indian Cyber Crime Coordination Centre (I4C), Ministry of Home Affairs, Government of India. The complaint alleged that unknown ...Read More >
Gandhinagar: Stating that it was time to decide whether the next generation will "have a plastic-free or plastic-laden environment," chief minister Bhupendra Patel on Thursday said that the campaign against single-use plastic should become a mass movement in Gujarat. Presiding over the state-level programme in Gandhinagar to mark World Environment Day, the chief minister also unveiled several projects aimed at environment protection. "The Prime Minister has envisioned environment-friendly development, and Gujarat will adhere to the principle of ensuring development in a sustainable and environ ...Read More >
Saquib Nachan, a former leader of the banned SIMI, passed away in a Delhi hospital following a brain haemorrhage. He was admitted four days prior after being arrested in 2023 during an NIA crackdown on ISIS. Nachan, an inmate at Tihar prison, was hospitalized after his health deteriorated, and doctors confirmed the haemorrhage.Saquib Nachan, a former office-bearer of the banned Students Islamic Movement of India (SIMI), died in a Delhi hospital on Saturday, days after suffering a brain haemorrhag ...Read More >
A cloudburst near Barkot-Yamunotri road in Uttarkashi has caused significant damage to a hotel construction site, leaving several workers missing as rescue operations are underway. Separately, heavy rainfall has blocked the Badrinath-Rishikesh highway, disrupting pilgrimage travel. Chief Minister Dhami has advised caution and urged residents to avoid unnecessary travel due to the adverse weather forecast.A cloudburst in Baligarh, along the Barkot-Yamunotri road in Uttarkashi district, caused sign ...Read More >
Gandhinagar (Gujarat) [India], June 6 (ANI): During the World Environment Day 2025 event held at Mahatma Mandir in Gandhinagar, Chief Minister Bhupendra Patel called for collective efforts to transform the Prime Minister's vision of 'Ending Plastic Pollution' into a mass movement. The program, jointly organised by the Forest and Environment Department and the Gujarat Pollution Control Board, was graced by Forest, Environment and Climate Change Minister Mulubhai Bera and Minister of State Shri Mukesh Patel. Also Read | Chinnaswamy Stampede: Karnataka CM Siddaramaiah Suspends Bengaluru Police ...Read More >
Bengaluru (Karnataka) [India], June 26 (ANI): Karnataka Deputy Chief Minister DK Shivakumar announced on Thursday that the meeting on the Hemavathi link canal, originally scheduled for June 30, has been postponed to July 4-5, following a request from Union Minister V Somanna. Speaking to reporters at his Sadashivanagar residence here, Shivakumar said, 'We have postponed the meeting as Somanna is also the MP from the district. The officials have been instructed accordingly.' The Deputy CM also addressed the postponement of a meeting with Yettinahole project contractors in Tumakuru, attributin ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Hyderabad: A reactor blast at a chemical unit in Hyderabad led to a massive fire accident. It claimed several lives and left over 20 workers injured. The explosion occurred at Seegachi Chemicals which is located in the Pasamailaram industrial zone in Patancheru area. After the blast, multiple fire engines and ambulances were deployed for rescue operations. Witnesses reported seeing thick plumes of smoke billowing from the chemical plant. Authorities fear the death toll might rise as search efforts continue in the gutted facility. Initial reports suspect multiple fatalities. In the fire ac ...Read More >
New Delhi [India], June 30 (ANI): In a swift and decisive operation, the Indian Navy's stealth frigate INS Tabar responded to a distress call from the Panamanian-flagged tanker MT Yi Cheng 6 in the Gulf of Oman on June 29. The vessel, carrying 14 Indian crew members and transiting from Kandla, India, to Shinas, Oman, reported a major fire in its engine room, resulting in a complete power failure. Also Read | Waqf Act Controversy: RJD Leader Tejashwi Yadav Call for 'Throwing Waqf Act in Dustbin' Sparks Political Storm, Parties Trade Barbs. In a post on X, the Indian Navy spokesperson said, " ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...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 >
Imphal (Manipur) [India], June 8 (ANI): The district magistrates of Imphal West, Imphal East, Thoubal, Kakching, and Bishnupur districts have issued prohibitory orders on Sunday. Citizens have been requested to cooperate with the orders, which include restrictions on gatherings. The assembly of four or more persons has been restricted in Imphal West, Imphal East, Thoubal, and Kakching districts. The orders have been issued in view of prevailing law and order situation. Also Read | Indian Citizen Dies in UAE: Civil Engineer Issac Paul Olakkengil From Kerala Dies During Scuba Diving Session at ...Read More >
New Delhi [India], June 27 (ANI): The Parliamentary Standing Committee on External Affairs will hold a meeting on Friday. During the meeting, the committee will record evidence of experts/non-official witnesses in connection with the examination of the subject 'Future of India-Bangladesh Relationship'. Congress MP Shashi Tharoor has been the chairperson of the Committee of the External Affairs since September 2024. India has strongly condemned the demolition of a Durga temple in Dhaka, criticising the role of the Muhammad Yunus-led interim government in allowing the destruction and projectin ...Read More >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...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 >
Hyderabad Blast: Reports indicate a massive explosion in a tanker carrying chemicals in Hyderabad, the capital of Telangana. According to the information, 10 people have died in this accident so far, while many people are reported to be injured. This blast occurred at Sigachi Chemicals. According to the information, the condition of many people remains critical in this incident. As soon as the information about the accident was received, two fire engines reached the spot and are trying to control the fire. The seriously injured were admitted to nearby hospitals by ambulance. According to off ...Read More >
Sangareddy (Telangana) [India], June 30 (ANI): At least 8 people were killed and 26 injured following the explosion at a chemical factory in Pasamailaram Phase 1 area of Telangana's Sangareddy district on Monday, as the rescue operation is in progress, a police official said. V Satyanaryana, Inspector General, Multi Zone II, said, "There was a blast at Sigachi Pharma, a chemical production factory in Pasamailaram. The incident occurred around 8:15-9:35 am, and the police were informed within 10 minutes. We reached the spot within 20 minutes. NDRF, SDF, and other rescue teams, along with 10 fi ...Read More >
Agartala (Tripura) [India], June 5 (ANI): Tripura Governor Indrasena Reddy Nallu on Thursday urged people to plant trees in their homes and avoid the use of plastic on the occasion of World Environment Day. Governor of Tripura Indrasena Reddy Nallu said, 'Today is World Environment Day. Tripura is a green land, a green state. We must always strive to maintain this greenery and take the state even further on the path of environmental progress. I would like to tell the people of the state to avoid the use of plastic. I urge everyone to plant trees in their own homes.' Tripura joined the global ...Read More >
Bhopal (Madhya Pradesh): A massive fire broke out at a paper roll manufacturing unit, Shri Ji Packaging Berol Laboratory, located in a industrial area near Ashoka Garden area of the capital city, around 7 PM on Sunday evening. Thick plumes of smoke were visible from over a kilometer away, triggering panic among nearby residents. According to Ashoka Garden Police, the administration has taken swift action to bring the blaze under control. A total of 15 to 20 police and fire brigade vehicles arrived at the scene, and efforts to extinguish the fire are ongoing. As of now, the fire has not been ...Read More >
New Delhi [India], June 8 (ANI): Haryana Chief Minister Nayab Singh Saini said that with cleanliness and yoga, the country will move towards realising the dream of 'Viksit Bharat' at a fast pace. Preparations for International Yoga Day 2025 have begun with the launch of a cleanliness campaign on May 27, and daily yoga classes are underway for the grand event on June 21. CM Saini said, 'When Prime Minister Narendra Modi proposed the idea of Yoga at the United Nations, 177 countries agreed. Today, Yoga, derived from our land, has reached everyone globally. The Prime Minister has worked to spre ...Read More >
Dharamshala (Himachal Pradesh) [India], June 30 (ANI): The main Tibetan temple, Tsuglagkhang, in Himachal Pradesh's Dharamshala, erupted in vibrant festivities on Monday, as devotees and crowds gathered there to celebrate the 90th birthday of the spiritual leader of Tibetan Buddhism, the 14th Dalai Lama. The celebration on June 30 is based on the dates as per the Tibetan calendar, whereas, according to the Gregorian calendar, the birthday of the 14th Dalai Lama falls on July 6. Also Read | Laos Job Scam Alert: Cybercrime Centre Reveals Modus Operandi of Fraudsters Luring Indians Into Cybercr ...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 >
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 >
Puri (Odisha) [India], June 26 (ANI): After its vast and largely volunteer-led support effort to feed the multitude at the Maha Kumbh Mela in Prayagraj earlier this year, the Adani Group has now turned its attention to another of India's most iconic religious festivals -- the Rath Yatra in Puri, Odisha. Held annually at the Lord Jagannath Temple in Puri, the nine-day chariot procession draws millions of pilgrims from across the country and beyond. For the Adani Group, corporate social responsibility has always extended beyond infrastructure, education and healthcare. Increasingly, it includes ...Read More >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >
New Delhi [India], December 10 (ANI): Delhi Chief Minister Atishi on Tuesday raised concerns about the Rajouri Garden based Jungle Jamboree restaurant's safety record after a fire broke out on Monday spreading to the coaching centre above it. The Delhi CM visited the fire incident site of Rajouri Garden and took stock of the situation saying that the fire NOC of the restaurant had been cancelled by the Fire Department, and the Municipal Corporation of Delhi (MCD) had also ordered its closure. Despite this, the restaurant was still operating, prompting an investigation by the Delhi Police. Pr ...Read More >
Aryan Meena, who lived in the Dausa district of Rajasthan state, was trapped in the narrow well for three days after falling into it while playing on Monday afternoon. The boy, wearing pants and a t-shirt, had to endure plummeting winter temperatures inside the well as well as hunger and thirst. Children and even adult people dying from falling into open borewells is not uncommon in rural India where they are dug to pump water for irrigation and drinking and left abandoned after they run dry. ...Read More >
Agartala (Tripura) [India], June 5 (ANI): Tripura Governor Indrasena Reddy Nallu on Thursday urged people to plant trees in their homes and avoid the use of plastic on the occasion of World Environment Day. Governor of Tripura Indrasena Reddy Nallu said, 'Today is World Environment Day. Tripura is a green land, a green state. We must always strive to maintain this greenery and take the state even further on the path of environmental progress. I would like to tell the people of the state to avoid the use of plastic. I urge everyone to plant trees in their own homes.' Tripura joined the global ...Read More >
Bhubaneswar: Chief minister Mohan Charan Majhi on Thursday announced an ambitious plan of planting 7.5 crore saplings across the state within a year. Speaking at the state-level celebration of World Environment Day at the OUAT Agriculture Education Hall in city, the CM emphasised the importance of public awareness and collective responsibility in protecting nature and ending plastic pollution. "A healthy environment is essential for a healthy society," he said.Addressing the rising threat of single-use plastic, the CM urged citizens to support a mass movement to eliminate plastic from daily li ...Read More >