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 [India], March 31 (ANI): In a significant step towards promoting clean, safe, and accessible energy in the national capital, Power Minister Ashish Sood today chaired a high-level meeting to review the expansion of PNG (Piped Natural Gas) in Delhi. Senior officials from IGL, the Urban Development Department, the Municipal Corporation of Delhi (MCD), the Delhi Jal Board, and the Delhi Government were present in the meeting. Following the meeting, the Power Minister stated that a comprehensive strategy has been prepared to accelerate the expansion of PNG connections in Delhi and to ensure its reach to a larger number of citizens, according to an official release. He directed officials to simplify the process of providing PNG connections and make it more transparent and citizen-centric so that more and more people can benefit from the facility. He also instructed the department to conduct an intensive door-to-door campaign to encourage residents of Delhi to adopt PNG. Sood noted that many areas in the capital still rely on traditional gas cylinders and stoves, whereas PNG is a safer and more convenient alternative. It eliminates the need for cylinder booking and waiting while ensuring an uninterrupted supply. He further directed that in areas where PNG services are not yet available, extensive awareness campaigns should be conducted. Special drives will be undertaken in unauthorised colonies and rural areas to inform residents about the benefits of PNG. During the meeting, it was highlighted that Delhi has the capacity to provide approximately 1.8 million PNG connections, while around 1.4 million connections have been provided so far. Officials have been instructed to work in mission mode to deliver the remaining 400,000 connections at the earliest, the release noted. Sood also informed that it has been decided to prioritise the use of PNG in public welfare schemes. Under this, PNG will be used in place of traditional gas cylinders in Atal Canteens, night shelter kitchens, mid-day meal kitchens, and MCD kitchens. He further emphasised that the use of PNG should be promoted in all restaurants, hotels, Gurudwaras, and temples across Delhi. Instructions have been issued to lay pipelines at the earliest in places where cylinders are still in use. The Power Minister also stated that the PNG pipeline network will be expanded rapidly in areas where it is not yet available. Special focus will be given to developing solutions using modern technologies in challenging areas such as narrow lanes and multi-storey buildings. He further added that currently, around 10,000 new PNG connections are being provided every month in Delhi, and if required, this number can be increased to 25,000 per month. Ashish Sood expressed confidence that increased adoption of PNG will significantly expand the use of clean energy in Delhi, reduce pollution levels, and ensure safe and uninterrupted gas supply to citizens. (ANI)
NEW DELHI: Delhi chief minister Atishi on Thursday described Aam Admi Party national convenor Arvind Kejriwal as a prominent leader and said he is the first leader who understood the pain of women. "Arvind Kejriwal, the prominent leader, is the first leader in the history of this country who understood the pain of women. The biggest concern for women is that they have to stretch out their hands before a man even for their humble needs. In childhood, it is before their parents, before their spous ...Read More >
A temple locked since 1978 communal riots in Sambhal, Uttar Pradesh, has been reopened by authorities during an anti-encroachment drive. The Bhasma Shankar temple, containing idols of Lord Hanuman and a Shivling, was rediscovered during an electricity theft inspection. This follows recent violence and heightened tensions in the area, including a mosque survey dispute and loudspeaker fine.The Sambhal administration here on Saturday uncovered and reopened a temple, which is said to have been closed ...Read More >
Sambhal (Uttar Pradesh) [India], January 2 (ANI): The court commissioner submitted his survey report in Chandausi Court in the Sambhal Jama Masjid-Harihar case on Thursday. Tensions in Sambhal have been high since November 19, when a local court ordered a survey of the mosque. Clashes between protestors and police over the court-ordered survey of the Jama Masjid resulted in four deaths. Also Read | Karnataka Contractor Suicide Row: BJP Sends Sachin Panchal's Death Note to Lok Sabha LoP Rahul Gandhi; Congress Leader Priyank Kharge Says 'Party Set for Humiliation'. On December 30, a delegatio ...Read More >
New Delhi [India], January 31 (ANI): Bharatiya Janata Party (BJP) candidate Parvesh Verma on Friday filed a complaint with ACB against Aam Aadmi Party leader and former Delhi Chief Minister Arvind Kejriwal, alleging corruption concerning Delhi Sports University (DSU). Verma, who is contesting Delhi polls from the New Delhi seat against Kejriwal, in his complaint alleged "corrupt misappropriation of public funds" through "the abuse of official positions to gain wrongful benefits". The complaint has been filed with the Anti-Corruption Branch (ACB) of the Delhi government. Verma's advocate, Vi ...Read More >
Delhi's air pollution continues to worsen, with the Air Quality Index (AQI) hitting a hazardous 490, despite the government's 21-point plan to tackle the issue. The city’s residents are struggling to breathe, even indoors, and hospitals are overwhelmed with patients facing respiratory problems. The pollution crisis is exacerbated by the lack of cooperation among Delhi and neighboring states, and the central government, with each blaming the other. This pollution not only threatens public health but also jeopardizes Delhi's economic future, as it could drive away professionals and harm business ...Read More >
Amritsar (Punjab) December 04 (ANI): The major mishap took place while the SAD President was serving his religious penance on 'day 2' at Golden Temple. Clad in blue 'sewadar' uniform, Badal was sitting at the entrance of the Temple with a plaque card around his neck. Suddenly an unidentified man fired at Sukhbir Badal; people standing around him quickly overpowered the shooter. The shooter was later identified as Narayan Singh Chaura by the Punjab Police and further investigation underway. Notably, Badal was declared 'tankhaiya' in August by Akal Takht, which announced religious punishment for ...Read More >
Assam Beef Ban: A political row has erupted over the Assam government's decision to ban the public consumption of beef in the state with the Opposition labelling it "against the right to freedom" while the ruling BJP lauding the state Cabinet's call. Assam Chief Minister Himanta Biswa Sarma had announced on Wednesday that his government has decided to ban the consumption of beef in restaurants, hotels and public places, drawing sharp reactions from the Opposition. Samajwadi Party MP Iqra Hasan ...Read More >
Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a ₹10 lakh insurance policy, ₹1 lakh for daughters' marriages, a biannual ₹2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.Ahead of crucial Delhi assembly polls, Arvind Kejriwal promised several measures for auto dri ...Read More >
BusinessWire India Noida (Uttar Pradesh) [India], December 11: Comprehensive insurance policies are very helpful for two-wheeler owners as they protect them from financial losses incurred on their own vehicles and also cover third-party liability. Because of its all-round nature, many refer to them popularly as 'package' insurance. However, in India, many people do not opt for comprehensive two-wheeler insurance as the government has not made it compulsory. However, it is highly recommended that two-wheeler owners get one, and we have covered the reasons for this in this guide. How are Comp ...Read More >
Tirupati (Andhra Pradesh) [India], January 28 (ANI): Ahead of the scheduled launch of the GSLV-F15 rocket on Wednesday, ISRO Chairman V. Narayanan visited the Chengalamma Parameshwari Temple in Tirupati and offered special prayers. The countdown for the 100th rocket launch from the Satish Dhawan Space Centre (SHAR) will begin on Wednesday at 2:53 am ahead of the scheduled launch of the GSLV-F15 rocket at 6:23 AM. Also Read | Hyderabad Murder Case: Ex-Serviceman Gurumurthy Who Killed Wife, Chopped, Boiled and Burnt Body Pieces Arrested. ISRO has completed all preparations to launch the NVS-0 ...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 >
NEW DELHI: Lieutenant governor VK Saxena has given his approval to the reconstitution of Delhi Building and Other Construction Workers Welfare Board, paving the way for govt to prepare a scheme to provide compensation to the construction workers who lost work due to the implementation of GRAP IV provisions. The board was not in place for the last couple of years. While giving his nod to its reconstitution, LG directed that immediate steps should be taken to implement Supreme Court directions to provide subsistence allowance to workers affected due to restrictions on construction activities be ...Read More >
Delhi residents breathed easier Thursday as air quality improved to 'moderate' after a month of severe pollution. The AQI dropped to 161, though some areas still experienced 'poor' air quality. Cooler temperatures and mist accompanied the improved air, with the minimum temperature reaching 9 degrees Celsius. The Supreme Court maintained GRAP-IV restrictions, demanding compensation for construction workers from NCR states.Residents in Delhi took a sigh of relief on Thursday as the air quality inde ...Read More >
The Supreme Court halted new temple-mosque legal battles. The court will review the 1991 law impacting religious site status. This law froze the status of religious sites as of August 15, 1947. Several cases, including Gyanvapi and Shahi Idgah, challenge this law. The law's validity is being questioned. The court's decision impacts ongoing and future disputes.In its ruling on the keenly-watched Place of Worship Act case, the Supreme Court said on December 12 that no new Mandir-Masjid suits are to ...Read More >
Also Read | Sambhal sparks rift: INDIA bloc allies face leadership turmoil? "Multiple encroachments are being seen around the area," Sambhal DM Rajendra Pensia told ANI. Pensia said, "There was encroachment on roads, sewers, water bodies, and that too for a long time. We are undertaking an 'abhiyan' (drive) to fix it. We launched a campaign in Chandausi and we had decided we would start the campaign here in November. But we could not start." The DM stated the anti-encroachment drive will conti ...Read More >
New Delhi [India], November 28 (ANI): India has expressed its concern over the escalating incidents of violence against Hindu minorities in Bangladesh and desecration, and damage to their places of worship, and has also called on the interim government there to ensure the safety of minorities. In a response to question asked by RJD MP AD Singh, Minister of State for Ministry of External Affairs, Kirit Vardhan Singh in a written reply to Rajya Sabha, stated that the "primary responsibility" for the protection of life and liberty of all citizens of Bangladesh, including minorities, "rests with ...Read More >
The Delhi BJP also shared a rap song "Delhi ka millionaire" alleging corruption against the party's top leadership. In a recently-released video, the Delhi BJP has given a tour of the luxurious bungalow of AAP leader Arvind Kejriwal, where he lived while serving as the Chief Minister of the state. The party also shared a rap song "Delhi ka millionaire" alleging corruption against the party's top leadership. Delhi BJP chief Virendra Sachdeva, who shared the video on X, called the Civil Lines bu ...Read More >
Sambhal (UP), Dec 15 (PTI) Weeks after violent clashes over a court-ordered survey of the Shahi Jama Masjid claimed four lives, the district administration has launched a campaign against encroachments and illegal power theft in the area around the historic mosque. As part of its efforts, the administration began removing encroachments from the area on Sunday morning. According to Additional Superintendent of Police (ASP) Shrish Chandra, the focus is on clearing drains outside houses and shops in the area under the Nakhasa police station. The area is close to the residence of Samajwadi Part ...Read More >
In a miraculous turn of events, a seven-year-old boy who was kidnapped from Uttar Pradesh's Ghaziabad district more than 30 years ago has reunited with his family. IMAGE: Raju was kidnapped when he was seven-year-old from Uttar Pradesh's Ghaziabad district. Photograph: ANI Now 38, Raju shared his ordeal and said that after being abducted in September 1993, he was handed over to a truck driver who took him to Jaisalmer in Rajasthan. "The kidnappers kept me in a room located in the middle of a barren area, where I was forced to take care of sheep and goats. Each night, I was chained and locke ...Read More >
New Delhi [India], December 3 (ANI): Oilfields (Regulation and Development) Amendment Bill, 2024 to expand the definition of mineral oils and include petroleum and natural gas passed in the Rajya Sabha on Tuesday. The bill was introduced by Union petroleum and natural gas minister Hardeep Singh Puri for consideration and passing. The Bill will regulate the exploration and extraction of natural gas and petroleum. The amended bill expands the definition of mineral oils to include petroleum and natural gas in it. Also Read | Pune: Doctors Perform Rare Laser Surgery on Woman Pregnant With Monoam ...Read More >
New Delhi [India], December 12 (ANI): The gross NPA ratio of public sector banks declined to 3.12 per cent in September 2024 from 4.97 per cent in March 2015 and a peak of 14.58 per cent in March 2018, the government stated on Thursday, reaffirming the robustness of the banking system. The government emphasised its proactive support for the banking ecosystem, addressing both business needs and employee welfare to ensure stability, transparency, and growth. Also Read | Places of Worship Act Validity: Supreme Court Restrains Courts in Country Not to Entertain, Pass Orders on Suits Related to R ...Read More >
New Delhi [India], January 8 (ANI): With an eye on the upcoming Delhi assembly elections, Congress on Wednesday announced 'Jeevan Raksha Yojana', promising to provide Rs 25 lakh health cover per family. The announcement was made at a press conference by former Rajasthan Chief Minister Ashok Gehlot here. Gehlot termed the scheme a "game changer" in Delhi "...We have given a lot of coverage to the health... 'Jeevan Raksha Yojana' of the Delhi government will be similar to 'Chiranjeevi Yojana' of the Rajasthan government...I am happy that I got the opportunity to launch this scheme here," the ...Read More >
New Delhi, January 31: The unveiling of the Economic Survey on Friday sets the stage for Finance Minister Nirmala Sitharaman to present the Union Budget for 2025-26 in Parliament on Saturday (February 1), which is expected to continue the government's policy of giving a big push to economic growth with equity. The government has prioritised improving the quality of life in rural areas to ensure equitable and inclusive development, according to the Economic Survey 2024-25. The survey highlights financial inclusion as a key focus, with rural households and small businesses getting easier access ...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 >
New Delhi [India], December 12 (ANI): Congress MP Karti Chidambaram on Thursday strongly defended the Places of Worship (Special Provisions) Act, 1991, as the Supreme Court will be hearing pleas challenging the law. Speaking to the ANI, Chidambaram emphasized that the Act was crucial in maintaining the secular fabric of India and should not be altered. "The provisions of the Places of Worship Act, 1991, protect the secular fabric of the nation. Any alteration to the Act is very problematic," Chidambaram stated. He stressed that changing the law would not only disrupt the social harmony but ...Read More >
New Delhi [India], November 19 (ANI): Special measures, including the use of water sprinklers, have been implemented at the Delhi Zoo to combat air pollution and ensure that wild animals are not adversely affected. The Director of the National Zoological Park, Dr. Sanjeet Kumar, on Monday, highlighted the challenges faced by zoo management during winter. Speaking to ANI, Dr. Kumar said, "As soon as the winter season begins, the zoo management faces two challenges. First, the pollution levels rise after Diwali, and second, the onset of winter... The area around the zoo is very green, and loca ...Read More >
New Delhi [India], November 29 (ANI): Aam Aadmi Party MPs on Friay staged a protest in the premises of the Parliament, alleging deteriorating law and order situation in the national capital. The protest was held by AAP leaders Sanjay Singh, Raghav Chadha, Sandeep Pathak and other party leaders. On Thursday, an explosion was reported in Delhi's Prashant Vihar on Thursday. Fire tenders were at rushed to the site and teams of National Security Guard (NSG) commandos Delhi Police Crime Branch, Special Cell and Bomb Disposal Squad also reached. A high alert was sounded in the national capital afte ...Read More >
New Delhi [India], December 3 (ANI): The Delhi High Court has issued a notice in response to a Public Interest Litigation (PIL) challenging the alleged unlawful construction of Urban Extension Road II through the village pond land in Goyla Khurd, located in the Southwest District of Delhi. The construction, which took place between 2018 and 2024, is visible in Google satellite images and raises concerns about the loss of natural resources crucial for environmental sustainability, especially as the city grapples with pollution, heatwaves, groundwater depletion, and climate change, plea stated ...Read More >
Chandigarh (Haryana) [India], December 12 (ANI): Haryana Chief Secretary Vivek Joshi on Thursday presided over a state-level coordination committee meeting to review the 'PM Surya Ghar: Muft Bijli Yojana.' According to an official release, it was informed during the meeting that 9,609 rooftop solar systems with a combined capacity of 45.90 MW have been installed across the state so far. The government has disbursed Rs 52.54 crore in subsidies to beneficiaries to further encourage solar adoption. Moving forward, the state plans to equip government buildings with solar power plants, with the Pu ...Read More >
New Delhi [India], December 3 (ANI): The Rashtrapati Bhavan has been illuminated in purple light on Tuesday to mark the International Day of Persons with Disabilities. Celebrated annually on December 3, the day aims to integrate persons with disabilities into the societal mainstream and transform public attitudes towards them. The United Nations has designated this year's theme as 'Enhancing the Leadership of Persons with Disabilities for an Inclusive and Sustainable Future.' Also Read | Pune Shocker: Bike Rider Dragged for 2 Kilometres on Bonnet of Car in Pimpri Chinchwad; 3 Booked. In 201 ...Read More >