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.
Mumbai(Maharashtra) [India], June 21 : A fire broke out at a college in Mumbai's Kandivali area on Wednesday morning. Three fire tenders are at the spot and there is no report of any causality yet, according to Mumbai's Fire Brigade authorities. The fire incident reportedly happened at Kandivali's KES College. There is no information yet as to the number of people inside the building at the time of the fire breaking out and what was the cause of the fire. Earlier, a massive fire broke out at a furniture godown near Uttar Pradesh's Kaushambi district headquarters on Tuesday night, officials said. The fire also spread to a nearby nursing home building which necessitated the shifting of the patients. "A fire broke out in the furniture shop. The fire also spread on the wall of a private hospital building next to it. The fire has been brought under control. There were three patients in the hospital who had been safely evacuated," Brijesh Kumar Srivastava, Superintendent of Police, Kaushambi said. The SP said that an investigation is on to find out the exact reason for the fire. Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor
Mumbai: A three-storey chawl in Mumbai's Bandra East collapsed early Friday morning, leaving at least 10 people feared trapped under the debris, civic officials confirmed. The incident occurred around 5:56 am in the Bharat Nagar area near the Namaj Committee Masjid, close to the Bandra-Kurla Complex (BKC). The structure, identified as Chawl No. 37, was a ground-plus-three-storey residential building, PTI reported. The collapse triggered an immediate response from multiple agencies. A large-scale rescue operation is currently underway, with eight fire engines, rescue vans and ambulances deploy ...Read More >
Mumbai: The Bombay High Court has raised concern over terminally ill prisoners languishing in Maharashtra's jails and asked the state govt to consider proper implementation of an advisory on grant of medical bail or to place them in house arrest. A division bench of Justices Revati Mohite Dere and Prithviraj Chavan on Monday said they visited the Yerwada central prison in Pune on Sunday and met with prisoners, particularly women inmates, and inspected the condition there. The bench referred to a ...Read More >
HYDERABAD: A day after farmers and activists staged a protest and allegedly damaged furniture and property at the ethanol factory construction site in Pedda Dhanwada village of Rajoli mandal in Jogulamba Gadwal district, police arrested 12 persons, including a newspaper editor, on Thursday. The villagers are of the view that the establishment of ethanol factory would lead to pollution of Thungabhadra river and the Rajolibanda Diversion Scheme. Speaking to TNIE on Thursday, Jogulamba Gadwal Superintendent of Police SP T Srinivasa Rao said: "Based on a complaint filed by the company, we have r ...Read More >
As many as nine people are still missing in the explosion at the Sigachi Industries' pharma plant in Pashamylaram that claimed at least 38 lives and left 35 injured, and efforts are on to trace the missing people, Superintendent of Police (SP) of this district, Paritosh Pankaj, said on Thursday. Meanwhile, the expert committee appointed by the state government to ascertain the causes and establish the sequence of events that led to the explosion is expected to visit the site on Thursday. The pa ...Read More >
Belthangady: A case has been registered against popular YouTuber Sameer MD at the Dharmasthala police station for allegedly causing public outrage by spreading false information through an AI-generated video related to the ongoing Dharmasthala mass burials case. According to the Dakshina Kannada District Superintendent of Police, the video, reportedly generated using artificial intelligence, includes fabricated details beyond those provided by the complainant witness in the official complaint and court proceedings. The video has been circulated on YouTube and is said to have deliberately pro ...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 >
New Delhi: A man died after a three-storey shop building collapsed near Pul Mithai in North Delhi's Lohia Chowk area early on Friday, officials said. The shops were part of the Azad Market area. Manoj Sharma,46, an employee at one of the shops housed in the building, was trapped under the rubble of the collapsed structure. He was pulled out of the debris and taken to the Hindu Rao Hospital, where he was later declared dead, the official added. He said Sharma had been an employee of the shop for nearly three decades. Officials said that a truck parked in front of the building was also severel ...Read More >
MANGALURU: The complainant in the Dharmasthala mass burial case produced skeletal remains in court, claiming to have secretly exhumed them at Dharmasthala, the evidence has been seized by the Belthangady police. Dakshina Kannada Superintendent of police Dr Arun K said that the complainant witness had appeared before the Court in Belthangady to record his statement on Friday. The complainant witness produced the skeletal remains, which he claimed to have exhumed, and these were seized by the police in the presence of the complainant's advocates and panch witnesses. The SP further said that W ...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 >
Bijnor (UP), Jun 27 (PTI) The death toll in the incident where four members of a debt-ridden labourer's family consumed poison has risen to three, police said on Friday. Superintendent of Police Abhishek Jha said the incident took place in the Kandera village under Noorpur police station, where Pukhraj, a labourer who earned his livelihood by driving a horse cart, consumed poison along with his wife Rameshiya (50) and daughters Anita (21) and Seetu alias Sunita (18) on Thursday morning. The family took the extreme step allegedly due to constant harassment from lenders over unpaid debts. Ram ...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 >
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 >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
File photo Jaipur: Tension gripped Jahazpur town in Rajasthan's Bhilwara district after a 25-year-old man was lynched by a mob on Friday evening following a minor road accident. In protest, local residents called for a complete shutdown on Saturday, demanding justice and swift police action. According to police, the incident occurred when a car carrying four youths from the Tonk Cantonment area accidentally collided with a handcart while passing through Jahazpur's main market. The group, which ...Read More >
In a brazen act, five armed men stormed a Patna hospital, fatally shooting gangster Chandan Mishra, who was undergoing treatment while on medical parole. The attack, captured on CCTV, highlights Bihar's deteriorating law and order. Opposition leaders are criticizing Chief Minister Nitish Kumar's government, citing a surge in violent crimes and questioning public safety. In a chilling incident that highlights the deteriorating law and order situation in Bihar, five armed assailants entered a prom ...Read More >
Mumbai, May 29 (UNI) The police on Thursday arrested Dr Ajay Taware, the former medical superintendent of Sassoon General Hospital, in an alleged kidney transplant racket at a prominent private hospital in Pune. Dr Taware, who is already in custody at Yerwada Central Jail in a separate case involving alleged tampering of blood samples in the high-profile Pune Porsche crash, was taken into custody by the city crime branch for his suspected role in the 2022 kidney transplant scam at Ruby Hall Clinic. According to Deputy Commissioner of Police (Crime) Nikhil Pingale, Dr Taware will be produced ...Read More >
Ahmedabad, Jun 6 (PTI) Gujarat Congress general secretary Rajesh Soni was arrested on Friday and charged under a tough section of the BNS for allegedly uploading "misleading" as well as "morale breaking" content on a social media platform related to 'Operation Sindoor', police said. After registration of an FIR on Thursday, the Cyber Crime Cell of the state CID arrested Soni in the wee hours over his controversial posts on the operation launched by Indian armed forces to destroy terror hubs in Pakistan and PoK, said Superintendent of Police (CID-Cyber Crime) Bharatsinh Tank. During the May 7 ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
Rajpipla (Gujarat), Jul 6 (PTI) Gujarat AAP MLA Chaitar Vasava was arrested on charges of attempt to murder after he allegedly attacked a taluka panchayat functionary at Dediapada in Narmada district, police said on Sunday. The incident took place on Saturday during a meeting organised at the prant office in Vasava's constituency Dediapada. Vasava was arrested late Saturday night, the police said. Vasava was produced in a local court this afternoon, which sent him in judicial custody and he is currently lodged in Vadodara central jail, Narmada district Superintendent of Police Prashant Sumb ...Read More >
Thiruvananthapuram (Kerala) [India], July 9 (ANI): Following the violent protest at Kerala University, a case has been registered against 27 activists of the ruling CPM's Students Federation of India (SFI), including its state secretary P S Sanjeev, who has been named the prime accused, police said. The case also names 1,000 identifiable protesters who have been accused of damaging public property, forcibly entering the university campus, and assaulting police and university staff, police said on Tuesday. Also Read | Nobel Peace Prize 2025: From Mahatma Gandhi to Jawaharlal Nehru, Check Full ...Read More >
MANGALURU: The complainant in the Dharmasthala mass burial case produced before the court skeletal remains which he claimed he exhumed himself secretly at Dharmasthala village and the remains were seized by the Belthangady police. Dakshina Kannada Superintendent of Police Dr Arun K said the complainant appeared before the court in Belthangady to record his statement. "He also produced the skeletal remains which he claimed to have exhumed himself and they were seized in front of the advocates of the complainant and panch witnesses," SP said. The SP said witness protection for the complainant ...Read More >
New Delhi [India], June 28 (ANI): Congress leader Rashid Alvi on Saturday questioned the arrest of party leaders and father-son duo Hira Jotva and Digvijay Jotva regarding an alleged MGNREGA scam. Alvi said that while action should be taken if a scam really took place, one cannot discount the possibility that they might be being pressured to join the Bharatiya Janata Party (BJP). 'If there is any such scam, then action must be taken against them. However, we cannot trust the governments of Gujarat and India. There is a possibility that he is being pressured to join BJP. The court will decide ...Read More >
Bhubaneswar: In the wake of a tragic incident during the Rath Yatra in Puri, the Odisha government Sunday removed Puri Collector Siddharth Shankar Swain and SP Vinit Agarwal from their posts and announced an ex gratia of Rs 25 lakh each for the families of those who lost their lives. The state has also suspended two police officers for alleged negligence in crowd management. Senior IAS officer Chanchal Rana has been appointed as the new District Magistrate, and IPS officer Pinak Mishra will take charge as the Superintendent of Police. Odisha Chief Minister Mohan Charan Majhi expressed deep s ...Read More >
Hyderabad, Jul 4 (PTI) The death toll in the explosion at the Sigachi Industries' pharma plant in Sangareddy district rose to 39 following the death of a person who was undergoing treatment in a hospital, Superintendent of Police (SP) Paritosh Pankaj said on Friday. The deceased person suffered serious burns in the mishap, he told PTI. Twenty-two people were undergoing treatment in hospitals as of Friday morning. An official release on Thursday said 143 people were working in the plant at the time of the accident and 61 of them were safe. Twelve workers were discharged from hospitals follow ...Read More >
New Delhi [India], July 11 (ANI): A man died after a three-storey shop building collapsed near Pul Mithai in North Delhi's Lohia Chowk area early on early hours of Friday. The collapsed building, located at Tokri Walan in Pul Mithai near Bara Hindu Rao, had three shops on the ground floor and godowns on the first floor. The shops were part of the Azad Market area and dealt in bags and canvas cloth. The deceased has been identified as Manoj Sharma, also known as Pappu, aged 45. He was an employee at shop number 7A, owned by Gulshan Mahajan, and had been working there for the past 30 years. T ...Read More >
Patna/Motihari: Prime Minister Narendra Modi will launch projects worth around Rs 7,200 crore in the region and flag off three Amrit Bharat express trains during his public meeting at Motihari in East Champaran district on July 18, said state BJP president Dilip Kumar Jaiswal."This will be PM Modi's 53rd visit to Bihar in the last 11 years. He will lay foundation stones for and inaugurate projects related to rail, road, rural development, animal husbandry, dairy, self-help groups and housing," he said.Among them, railway projects are worth Rs 5,398 crore, and road and transport projects worth ...Read More >
The agitators demanded strict punishment for those who insulted the statue. Violent protests took place for the second day in central Maharashtra's Parbhani city on Wednesday over alleged vandalising of a replica of the Indian Constitution, police said. Amid the bandh called by some organisations, a mob indulged in arson and police fired teargas shells in response, a senior official told PTI. How did the protest begin? An unidentified person on Tuesday damaged a replica of the Constitution he ...Read More >
Lucknow: Condemning the tonsuring of a 'katha vachak' and his associate allegedly by a group of upper caste men in Etawah, Samajwadi Party president Akhilesh Yadav on Tuesday said that the state govt is "unjust, heartless and undemocratic in its treatment of the marginalized".Speaking at a press conference at the party headquarters, Akhilesh demanded that the govt should take strict action against those involved in the incident.Akhilesh also met the 'katha vachak' and his associate and gave them ...Read More >
Hyderabad, June 30 (SocialNews.XYZ) Six workers were feared killed and 20 others injured in a massive reactor blast at an industrial unit at Pashamailaram near Hyderabad on Monday. The incident occurred at a chemical factory in the industrial area in Sangareddy district around 9 a.m. The explosion triggered a huge fire, which engulfed the premises of Sigachi Chemicals. Firefighters rushed to the spot to douse the fire. Eleven fire engines were pressed into service to control the fire. Police, fire services and other personnel launched rescue and relief operations. Ambulances were also seen ...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 >