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.
Colombo, March 30 (Daily Mirror) - An Indian vessel carrying a consignment of fuel reached the Colombo Port yesterday, the Ports and Civil Aviation Ministry said. The ship HARI ANAND docked at the Dolphin Jetty at approximately 1.30 p.m., officials confirmed. The fuel consignment has since been transported to the Kolonnawa Fuel Storage Complex for distribution. In total, the shipment amounts to 36,000 metric tons of fuel, comprising 18,000 metric tons of diesel and 18,000 metric tons of Octane 92 petrol. The Ministry said that the delivery is part of ongoing efforts to maintain a steady supply of fuel in the country.
New Delhi/Noida, Jun 27 (PTI) End-of-life vehicles detected at fuel stations or found parked at public places will be impounded and a penalty of Rs 10,000 imposed on four-wheeler owners and Rs 5,000 on two-wheeler owners starting July 1, officials said on Friday. EOL vehicles are diesel vehicles older than 10 years and petrol vehicles older than 15 years. Irrespective of the states they are registered in, they will not be given fuel in Delhi starting July 1, according to directions issued by the Commission for Air Quality Management (CAQM) earlier. Around 500 fuel stations in Delhi have inst ...Read More >
New Delhi: Mukesh Ambani's Reliance Industries is deliberating on closing a deal with the Russian oil giant PJSC Rosneft Oil Company, the talks for which are in an early stage. The talks are about sale of Rosneft's 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for the acquisition of Nayara. If it happens then it will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner. Since the discussions are in initial stage, there is no ...Read More >
July NY world sugar #11 (SBN25) on Thursday closed down -0.33 (-2.07%), and August London ICE white sugar #5 (SWQ25) closed down -1.10 (-0.23%). Sugar prices on Thursday extended their three-month-long selloff, with NY sugar dropping to a 4-year nearest-futures low. Sugar prices have been under pressure over the past three months due to expectations of a global sugar surplus. On May 22, the USDA, in its biannual report, projected that global 2025/26 sugar production would increase by +4.7% y/y t ...Read More >
New Delhi: The debate among scientists and environment policy experts over what really drives vehicle pollution has heated up in Delhi after the Commission for Air Quality Management's (CAQM) directive of denying fuel and impounding end-of-life vehicles from July 1 onwards.Petrol vehicles that are over 15 years old and diesel vehicles that are over 10 years old are in the direct line of fire of CAQM's Direction 89.The policy's aim is to reducing emissions, but environmentalists and automotive exp ...Read More >
New Delhi: Delhi govt is set to initiate an inquiry into the impounding of end-of-life vehicles -- 15 years for petrol and 10 years for diesel -- carried out during the tenure of AAP govt.In 2024, 39,273 vehicles were scrapped after impounding while the figure was 22,397 in 2023.Environment minister Manjinder Singh Sirsa said on Tuesday that he will soon order a probe amid suspicions that the due process of scrapping and providing value to people for their cars, as per govt directives, was not followed in many cases.Sources revealed that several complaints have surfaced from citizens claiming ...Read More >
MUMBAI - Tesla India has made its official entry into India, launching its first showroom in Mumbai's upscale Bandra Kurla Complex at Maker Maxity Mall. This new 4,000-square-foot "Experience Centre," opened by Maharashtra Chief Minister Devendra Fadnavis on July 15, signals Tesla's arrival in the world's third-largest car market. A second showroom will open soon in Delhi's Aerocity, as Tesla aims to attract India's luxury electric vehicle buyers. High import taxes and a lack of charging stations remain tough hurdles. This expansion is part of Tesla India's strategy to tap into the growing d ...Read More >
India is embracing sustainable mobility. A new report highlights a strong shift towards electric, hybrid, and alternative fuel vehicles. Government policies and industry investments are driving this change. Several states are leading in electric vehicle adoption. India is following a multi-fuel approach to reduce emissions. New government norms will reward automakers for producing cleaner vehicles. India is rapidly moving toward sustainable mobility through a mix of electric, hybrid, and alterna ...Read More >
New Delhi, Dec 16 (ANS) Delhi Environment Minister Manjinder Singh Sirsa announced on Tuesday that vehicles without a valid Pollution Under Control Certificate (PUCC) will not be allowed to refuel at petrol pumps in Delhi from December 18. Addressing a press conference at the Delhi Secretariat, Sirsa said, "To control vehicular tail pipe emissions, all the dealers of the petrol/ diesel/CNG pumps are directed to dispense/sell the petrol/ diesel/ CNG to motor vehicles only on production of a valid Pollution under Control Certificate (PUCC)." He also highlighted that over 8.66 lakh vehicles hav ...Read More >
New Delhi, June 30 (SocialNews.XYZ) Starting Tuesday, the Delhi government is planning to stop the sale of petrol and diesel to end-of-life (EoL) or over-age vehicles - a move aimed at fighting vehicular emission-linked air pollution in the Capital, an official said. Petrol pump owners on Monday confirmed that Automatic Number Plate Recognition (ANPR) cameras and other devices linked to the transport ministry's data bank have been installed at their outlets to identify EoL vehicles. The Commission for Air Quality Management (CAQM) has issued a direction that all EoL vehicles identified throu ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite MI's dominant chase of 220. KKR seemed in control after posting a commanding 220/4, but the script ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrates advanced systems from leading Indian defence firms, including Bharat Electronics Limited (BEL), L&T ...Read More >
New Delhi, July 1 (SocialNews.XYZ) In a major move to combat air pollution, the Delhi government has enforced a strict fuel ban on 'end-of-life' (EoL) vehicles -- petrol vehicles older than 15 years and diesel vehicles older than 10 years -- from being refuelled at petrol pumps across the national capital. Authorities confirmed that two motorcycles have already been identified and seized under the new enforcement, and the vehicles will be scrapped in accordance with the official policy. The crackdown follows the alarming findings by the Centre for Science and Environment (CSE), whose Novembe ...Read More >
New Delhi, July 3 (SocialNews.XYZ) The Delhi High Court has agreed to examine a plea challenging the city government's policy to penalise and prosecute the petrol pump owners if they refuel 'end-of-life' (EoL) vehicles -- petrol vehicles older than 15 years and diesel vehicles older than 10 years. A bench of Justice Mini Pushkarna issued notice and sought responses from the Delhi government and the Commission for Air Quality Management (CAQM) on the plea filed by the Delhi Petrol Dealers Association. As per the petition, the "arbitrary" and "irrational" SOP (Standard Operating Procedure) iss ...Read More >
New Delhi, Oct 3 (PTI) Major companies across sectors, including automakers, consumer electronics, and consumer goods, have reported record sales during the nine-day auspicious Navratri period, according to data shared by leading firms. The robust sales were aided by the recent GST reform, which saw a substantial drop in tax rates, leading to price reductions across consumer goods, appliances, such as TVs (above 32-inch screen size), air conditioners and automobiles. The industry reported a spike in sales from day one on September 22, when the new slashed rates came into effect. Encouraged ...Read More >
New Delhi [India], July 1 (ANI): The Delhi Police on Tuesday seized two end-of-life vehicles (ELVs), a 15-year-old petrol bike and a 10-year-old diesel bike, from a petrol pump in the city, as part of its ongoing enforcement of scrappage rules for outdated vehicles. Traffic officials confirmed that both motorcycles were found operating in violation of the National Green Tribunal (NGT) guidelines, which prohibit the use of petrol vehicles older than 15 years and diesel vehicles older than 10 years in the national capital. While speaking to ANI, Ashok Kumar, Traffic Inspector, said, 'Two motor ...Read More >
New Delhi, Dec 17 (UNI) The Supreme Court on Wednesday clarified that only vehicles meeting BS-IV emission standards or higher are allowed to ply in Delhi, effectively permitting enforcement action against older vehicles that fail to meet these norms. The latest order modified apex court's August 12 order that had barred coercive action against diesel vehicles older than 10 years and petrol vehicles older than 15 years in the National Capital Region (NCR). ...Read More >
Stage 4 curbs ban older petrol and diesel vehicles, restrict truck movement and tighten enforcement across Delhi-NCR. New Delhi: Delhi has once again entered the 'Severe' air pollution category, prompting the Commission for Air Quality Management (CAQM) to implement Stage 4 measures under the Graded Response Action Plan (GRAP) across the National Capital Region. The curbs were triggered after the city's Air Quality Index (AQI) crossed 400, prompting the strictest set of restrictions to limit ve ...Read More >
New Delhi: Rare earth magnets, essential for EV motors, have become the latest flashpoint in India's growing electric mobility ambitions. These magnets power the core of Brushless DC (BLDC) and Permanent Magnet Synchronous Motors (PMSM), which drive most electric vehicles today, particularly two-wheelers. With China tightening export controls, Indian automakers now face serious supply-side disruptions. If the situation continues, industry experts warn that EV prices could rise, production could slow and expansion plans may take a hit. In April this year, China imposed an export curb on rare- ...Read More >
New Delhi: Delhi govt has issued a standard operating procedure (SOP) to enforce the ban on refuelling end-of-life (EoL) vehicles, with CNG pumps being exempted. According to a directive from Commission for Air Quality Management, beginning July 1, all EoL vehicles-diesel vehicles older than 10 years and petrol vehicles older than 15 years-will be prohibited from being refuelled in Delhi. The revised SOP states, "It is hereby clarified that CNG vehicles shall not be denied fuel. Accordingly, any reference to CNG in the SOP should be disregarded." The denial of fuel shall strictly apply only t ...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, Aug 14 (PTI) State-owned Indian Oil Corporation Ltd (IOC) on Thursday reported more than doubling of its first quarter net profit, as marketing margins surged because of holding of retail prices despite a drop in input oil cost. Its standalone net profit of Rs 5,688.60 crore in April-June - the first quarter of the 2025-26 fiscal year - compared to Rs 2,643.18 crore earnings in the same period of the last year, according to a stock exchange filing by the company. The first quarter profit is nearly half of the company's full 2024-25 (April 2024 to March 2025) fiscal year earnings o ...Read More >
New Delhi, Sep 5 (PTI) Tata Motors on Friday said it will cut passenger vehicle prices ranging between Rs 75,000 and Rs 1.45 lakh effective September 22 to pass on the full benefit of GST reduction to customers. The Mumbai-based auto major said that its small car Tiago will see a price drop of Rs 75,000, Tigor Rs 80,000, and Altroz Rs 1.10 lakh. Similarly, the price of compact SUV Punch will come down by Rs 85,000 and that of Nexon by Rs 1.55 lakh. Mid-sized model Curvv would also see a price cut of Rs 65,000, Tata Motors said in a statement. Prices of company's premium SUVs - Harrier and ...Read More >
New Delhi, Dec 18 (PTI) Renewable energy player BCL Industries on Wednesday said it is setting up a bio-energy plant in West Bengal with an investment of Rs 150 crore. The company has also received an environment clearance for its 75 KLPD (kilo litres per day) plant coming up in Kharagpur, it said. Additionally, the work on a similar project with 75 KLPD capacity in Bathinda, Punjab is in full swing. Both the projects are expected to be completed within a time period of 18-24 months, it said. In India, ethanol production is a key part of promoting bio-energy and biofuels, contributing to t ...Read More >
New Delhi/Noida, Jun 27 (PTI) End-of-life vehicles detected at fuel stations or found parked at public places will be impounded and a penalty of Rs 10,000 imposed on four-wheeler owners and Rs 5,000 on two-wheeler owners starting July 1, officials said on Friday. EOL vehicles are diesel vehicles older than 10 years and petrol vehicles older than 15 years. Irrespective of the states they are registered in, they will not be given fuel in Delhi starting July 1, according to directions issued by the Commission for Air Quality Management (CAQM) earlier. Also Read | UK F-35B Lightning II Stealth F ...Read More >
New Delhi: Delhi govt has issued a standard operating procedure (SOP) to enforce the ban on refuelling end-of-life (EoL) vehicles, with CNG pumps being exempted. According to a directive from Commission for Air Quality Management, beginning July 1, all EoL vehicles -- diesel vehicles older than 10 years and petrol vehicles older than 15 years -- will be prohibited from being refuelled in Delhi.The revised SOP states, "It is hereby clarified that CNG vehicles shall not be denied fuel. Accordingly, any reference to CNG in the SOP should be disregarded." The denial of fuel shall strictly apply on ...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 >
Gurgaon/Noida: "In the pink of health," Pradeep Pachauri insists of his Nissan Sunny, which he has kept parked in the garage of his Gurgaon house in Sector 37D, of late, fearing the car will be seized if he takes it to Delhi. "My car is parked in the garage, and I have been taking cabs to go to Delhi. Imagine," says Pachauri, whose diesel-powered sedan has run less than 1 lakh km in 10 years. "The car is in good running condition. I have an up-to-date Pollution Under Control (PUC) certificate for it. When I bought the car in 2015, I also paid a one-time road tax for 15 years. Despite adhering ...Read More >
The man said that the new vehicle in the same segment now comes with a steep cost. ShowQuick Read Summary is AI-generated, newsroom-reviewed A Delhi man sold his luxury SUV due to the new end of life vehicle policyThe policy bans diesel vehicles older than 10 years and petrol vehicles over 15 yearsAutomatic number plate recognition cameras monitor compliance at over 350 fuel stations Did our AI summary help? Let us know. New Delhi: A Delhi man was forced to sell his luxury SUV due to the g ...Read More >
New Delhi: Delhi govt has geared up to enforce the ban on refuelling end-of-life vehicles, with plans to station enforcement teams from transport, traffic, and MCD to impound such vehicles.A senior official said that teams would be deployed at fuel stations to monitor the implementation and take action against such vehicles. The teams would be from MCD, the transport department enforcement wing, and traffic.The Standard Operating Procedures (SOP) issued to the pump owners says that there will be "immediate legal action by enforcement teams" when end-of-life vehicles are "identified". This woul ...Read More >
New Delhi: Delhi Chief Minister Rekha Gupta on Monday said that her government has made women's safety a priority of governance, and work is in progress to eliminate unsafe and dark spots in the city. In a post on X, the Chief Minister said, "We have made women's safety in the capital not just a promise but a priority of governance. Continuous efforts are being made in coordination with the police and administration to make Delhi safer for women." She said, "Dark spots are being identified and security measures are being strengthened there, PCR patrolling has been increased, panic buttons an ...Read More >