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.
New Delhi, Mar 30 (PTI) Maruti Suzuki India Ltd on Monday introduced an initiative to offer automotive services in high-vehicle-density locations, including corporate campuses, airport zones, and fleet hubs. Under its 'Quickstop' programme, customers can access Maruti Suzuki's service conveniently at places they frequently visit. In the pilot phase, 10 facilities have been set up across Delhi-NCR, Chennai, Hyderabad, Bengaluru, Kolkata, Bagdogra, Calicut and Surat, the company said in a statement. "As workdays are getting increasingly busier and personal time is becoming more valuable, we recognise a growing need to make vehicle servicing even more convenient and accessible to customers. This led to the creation of Quickstop, which brings our service facilities to places customers regularly visit, such as offices, airport zones, and fleet hubs," Maruti Suzuki India MD & CEO, Hisashi Takeuchi said. PTI RKL DR DR
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, Jul 3 (PTI) The Delhi government on Thursday urged the Centre's air quality panel to immediately suspend the fuel ban on overage vehicles and said it will also make "all out efforts" to resolve issues related to restrictions on the movement of end-of-life vehicles on the city's roads. In his letter to Commission for Air Quality Management (CAQM) chairman Rajesh Verma, Environment Minister Manjinder Singh Sirsa said the fuel ban is not feasible and that it cannot be implemented due to technological challenges. The move three days after the ban came into effect in the national capit ...Read More >
New Delhi, Jun 6 (PTI) Interest-rate-sensitive stocks were in huge demand on Friday, with the realty index climbing nearly 5 per cent as investors cheered the Reserve Bank's jumbo rate cut of 50 basis points. Home, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) cut interest rates by a larger-than-expected 50 basis points, and unexpectedly reduced the cash reserve ratio for banks to make available more money to lend in a bid to boost the economy. The RBI's six-member monetary policy committee, headed by Governor Sanjay Malhotra and consisting of three external ...Read More >
Delhi's End-of-Life (EOL) vehicle ban takes effect on November 1 The Commission for Air Quality Management (CAQM) has decided to defer the fuel ban on end-of-life (EOL) till November 1, 2025. According to PTI sources, the panel reviewed the fuel ban and decided to delay the enforcement of this ban till November. The report states that the End-of-Life (EOL) vehicle ban will be implemented across the National Capital Region (NCR), covering Gurugram, Faridabad, Ghaziabad, Gautam Budh Nagar, and Sonipat. Delhi fuel ban: No end-of-life vehicles seizure According to PTI, CAQM has instructed the a ...Read More >
Lucknow, Jul 14 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Monday said the state's health services must be made future-ready to keep pace with global advancements and effectively respond to emerging challenges. He was speaking at the foundation stone laying and inauguration ceremony of various health projects worth Rs 1,000 crore at King George's Medical University (KGMU) here. Deputy Chief Minister Brajesh Pathak, who also holds the Health portfolio, and Medical Education Minister Mayankeshwar Sharan Singh were present on the occasion. The chief minister said institutions like K ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC Bank, Eternal (Zomato), HUL, Sun Pharma, Bajaj Finance, ICICI Bank, Titan and Bajaj Finserv ...Read More >
New Delhi, Jul 18 (PTI) Realty firm Godrej Properties Ltd has acquired a 48-acre land parcel in Bengaluru and will sell housing plots in this upcoming project. In a regulatory filing on Friday, Godrej Properties said it has acquired a 48-acre land parcel through outright purchase in Doddaballapur, North Bengaluru. "The development on this land will primarily comprise plotted units with a development potential of 1.1 million square feet," the company said. The company did not provide the land cost and also revenue potential of this new project. On July 16, Godrej Properties announced the ac ...Read More >
Mumbai, Jul 7 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Monday amid caution ahead of the July 9 US tariff deadline, weak trends in Asian markets and foreign fund outflows. Volatile trends engulfed markets during the early trade amid concerns surrounding the US-India trade deal, experts said. Also Read | Delhi Rains: Rainfall Disrupts Delhi-NCR Today; Traffic, Flight Operations Hit (Watch Videos). The 30-share BSE Sensex declined 170.66 points to 83,262.23 in early trade. The 50-share NSE Nifty dipped 53.75 points to 25,407.25. July 9 marks the end of the 90-day su ...Read More >
Bengaluru, Jul 9 (PTI) Realty firm Prestige Estates Projects Ltd on Wednesday reported a 4-fold jump in its sales bookings to Rs 12,126.4 crore in the first quarter of this fiscal, mainly on strong demand for its housing project in Ghaziabad. The company's sales bookings or pre-sales stood at Rs 3,029.5 crore in the year-ago period. In a regulatory filing, the Bengaluru-based company informed that it has clocked an all-time high sales bookings of Rs 12,126.4 crore during the quarter ended June 30, 2025, driven by the Delhi-NCR market, which contributed 59 per cent to total pre-sales. Presti ...Read More >
The India Meteorological Department (IMD) has issued a 'red alert' for Delhi on Thursday. Skies will remain generally cloudy, with moderate to heavy rainfall expected throughout the day. Residents should also brace for possible lightning and gusty winds ranging between 30-40 kmph, potentially reaching up to 50 kmph during heavier spells. A red alert is the highest level of weather warning, signalling extremely heavy rainfall. It indicates serious threats to life and property, with a high risk of widespread flooding, disruption of essential services, and possible evacuation orders. Showers ar ...Read More >
India's housing market is booming, with 2024 projected to be the best year yet. Over 300,000 homes worth ₹510,000 crore are expected to be sold across the top seven cities, driven by economic growth and infrastructure improvements. Sales in the first nine months already reached nearly 230,000 homes, indicating continued robust demand and rising capital values.India's housing property market continues to remain on a strong footing, with the year 2024 expected to end as the best year ever in term ...Read More >
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Also Read | SOF NSO Results 2024-25 Out at sofworld.org: National Science Olympiad Exam Result Released, Get Direct Link and Know Steps To Download. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies h ...Read More >
Mumbai, Jul 4 (PTI) Benchmark indices Sensex and Nifty ended higher on Friday in a highly volatile trade amid a buying rush in banking and other bellwether stocks on the back of a rally in the US markets. After oscillating between highs and lows in intra-day trade, the 30-share BSE Sensex ended 193.42 points or 0.23 per cent higher at 83,432.89. During the day, it hit a high of 83,477.86 and a low of 83,015.83, gyrating 462.03 points. The 50-share NSE Nifty inched up by 55.70 points or 0.22 per cent to 25,461. From the Sensex firms, Bajaj Finance, Infosys, Hindustan Unilever, ICICI Bank, HC ...Read More >
New Delhi, Jun 8 (PTI) India's 26 major listed real estate firms sold properties valuing Rs 1.62 lakh crore last fiscal, with Godrej Properties becoming largest player clocking pre-sales of nearly Rs 30,000 crore. DLF Ltd, the biggest real estate firm in terms of market capitalisation, is at the second position with record sale bookings of over Rs 21,000 crore during 2024-25, followed by Macrotech Developers (Lodha Group), Prestige Estates Projects and Signature Global. According to the data compiled from investors presentations and regulatory filings, the 26 major listed real estate compani ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >
New Delhi, June 30 (PTI) Most parts of India are likely to receive above-normal rainfall in July, the weather department said on Monday, asking authorities and people in central India, Uttarakhand and Haryana to stay alert due to the risk of flooding even as some parts of the country are facing the fury of the monsoons. In rain-induced damages in parts of Himachal Pradesh, while buildings collapsed, landslides and road blockades added worries to the woes of the people in the hill state on Monday. Also Read | Was Samruddhi Expressway Flooded After Heavy Rainfall in Maharashtra? Videos of Wate ...Read More >
New Delhi, Jul 8 (PTI) Fuel retailers' body DPDA on Tuesday hailed the central government panel's decision to defer the fuel ban on end-of-life (EOL) or overage vehicles until November 1, saying the move gives them ample time to prepare for the implementation. According to sources, Centre's panel on air quality in Delhi-NCR CAQM on Tuesday decided to put on hold the implementation of the fuel ban on end-of-life or overage vehicles in the national capital until November 1. Also Read | PM Modi in Brasilia: PM Narendra Modi Receives Grand Welcome From Brazil President Luiz Inacio Lula da Silva ...Read More >
New Delhi, Nov 28 (PTI) Coworking firm Incuspaze, which provides managed flexible office spaces to corporates, is looking to raise USD 25 million (over ₹210 crore) to expand its business across major cities before planning to launch its Initial Public Offer (IPO). Established in 2016, Incuspaze has a presence in 44 locations across 18 cities with a total portfolio of 40 lakh square feet. "We plan to add another 2 million (20 lakh) square feet in our portfolio by the end of December 2025," Incuspaze founder and CEO Sanjay Choudhary told PTI. In view of the growing demand for flexible workspa ...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 >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >
New Delhi, Jul 3 (PTI) The AAP on Thursday claimed that public pressure forced the BJP-led Delhi government to withdraw the controversial ban on refuelling overage vehicles, calling it a "victory of the people". In a video message on X, Delhi AAP chief Saurabh Bharadwaj said,"Congratulations to the people of Delhi. The draconian order to seize old vehicles had to be withdrawn by Delhi's BJP government. The BJP was merely using the court's order as an excuse. When people united and raised their voice, the government had to bow down. In this country, the people are supreme, and no one's tyranny ...Read More >
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies have been invited to the deliberations, they added. Earlier in March last year, the government rolled out an electric-vehicle policy, under which duty ...Read More >
New Delhi, May 19 (PTI) Godrej Properties has bought 14 land parcels across major cities to build housing projects with revenue potential of about Rs 26,500 crore in the last fiscal year and will continue to acquire more land to grow its business, its Chairperson Pirojsha Godrej said. The company bought these land parcels, all outright, in Mumbai Metropolitan Region (MMR), Pune, Delhi-NCR, Bengaluru, Kolkata, Ahmedabad and Indore. In an interview with PTI, Pirojsha Godrej said, "Last financial year, we added about Rs 26,500 crore worth of new projects, as against the guidance of Rs 20,000 cr ...Read More >
New Delhi, Jul 3 (PTI) The AAP on Thursday claimed that public pressure forced the BJP-led Delhi government to withdraw the controversial ban on refuelling overage vehicles, calling it a "victory of the people". In a video message on X, Delhi AAP chief Saurabh Bharadwaj said,"Congratulations to the people of Delhi. The draconian order to seize old vehicles had to be withdrawn by Delhi's BJP government. The BJP was merely using the court's order as an excuse. When people united and raised their voice, the government had to bow down. In this country, the people are supreme, and no one's tyranny ...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 >
New Delhi/Bengaluru, Jul 9 (PTI) Karnataka Deputy Chief Minister D K Shivakumar, who holds the irrigation portfolio, on Wednesday said that he has appealed for funds to the tune of Rs 11,122.76 crore for six irrigation projects in the state. Shivakumar met the Union Water Resources Minister, C R Patil, in Delhi. Also Read | Delhi-NCR Rains: Waterlogging and Traffic Disruptions in Several Areas As Sudden Spell of Heavy Rain Batters National Capital; IMD Issues Red Alert (Watch Video). In a statement, Shivakumar said he has requested funds for six irrigation projects, including Rs 804.66 cror ...Read More >
Cuddalore, Jul 9 (PTI) A new gatekeeper assumed charge here at the Semmankuppam manned level crossing where a train hit a van killing 3 school-going children on July 8. The new appointee, Anand Raj told reporters he has been working in the railways for the past 2 years and he has now been posted to Semmankuppam to man Level Crossing No 170, a non-interlocked, manned crossing. Also Read | Delhi-NCR Rains: Waterlogging and Traffic Disruptions in Several Areas As Sudden Spell of Heavy Rain Batters National Capital; IMD Issues Red Alert (Watch Video). "Interlocking" refers to locking the railwa ...Read More >
MUMBAI, July 17 (Reuters) - India's largest property developer DLF (DLF.NS), opens new tab expects to review offers from potential partners, as it works on a project to build luxury flats in a slum area of Mumbai that marks its return to the city, it said on Thursday. DLF left Mumbai more than a decade ago, when it sold off land to reduce debt and turned its focus to New Delhi and regions around the capital. It had since become one of India's largest luxury property developers, building premium ...Read More >
Mumbai, June 8 (SocialNews.XYZ) On her milestone 50th birthday, Shilpa Shetty took a heartfelt moment to reflect on her incredible journey and the defining stories that have shaped her both personally and professionally. Celebrating decades of success and growth, she shared insights into the experiences that made her the strong and inspiring woman she is today. Taking to Instagram, she posted a video of her transformation over the years and wrote, "Grateful for my journey and the stories that made me and the ones still on my way. Thank you for all your love and wishes Instafam. #Gratitude #lo ...Read More >
New Delhi, June 8 (PTI) Dust-laden winds are expected to continue in the national capital on Monday with generally clear sky, the India Meteorological Department (IMD) said on Sunday. The maximum temperature in Delhi rose to 42.1 degrees Celsius on Sunday, 2.1 degrees above the seasonal average, while the minimum temperature was recorded at 27.7 degrees Celsius, it said. According to the IMD, strong surface winds are likely in the city on Monday with the maximum temperature expected to hover around 43 degrees Celsius and the minimum around 28 degrees Celsius. On Sunday, the maximum temperat ...Read More >