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: Senior bureaucrat Vir Vikram Yadav has been appointed as the chief of Directorate General of Civil Aviation (DGCA) as part of a senior-level bureaucratic reshuffle effected by the Centre on Tuesday. Yadav, a 1996 batch Indian Administrative Service (IAS) officer of the Odisha cadre, succeeds incumbent Faiz Ahmed Kidwai, who has now been appointed as Additional Secretary, Department of Personnel and Training (DoPT). Yadav is an Additional Secretary, Ministry of Environment, Forest and Climate Change. Kidwai, a 1996 batch IAS officer of the Madhya Pradesh cadre, was appointed DGCA chief in January last year. Twenty-five civil servants have been appointed in various central government departments at the level of additional secretaries in Tuesday's rejig. Senior IAS officer Puneet Kansal has been appointed as Additional Secretary, Ministry of Civil Aviation while Vishal Gagan will be Secretary, Central Information Commission (CIC), an order issued by the Personnel Ministry said. Gyanendra D Tripathi, a 1998 batch IAS officer of Assam-Meghalaya cadre, has been appointed as Additional Secretary, Department of Agricultural Research and Education and Secretary, Indian Council of Agricultural Research (ICAR). Sridhar Chiruvolu, Joint Secretary in the Prime Minister's Office (PMO), has been appointed as Additional Secretary at the same place.
New Delhi, Dec 10: The Union Public Service Commission (UPSC) has announced the results of the Civil Services (Main) Examination 2024, conducted between September 20 and September 29, 2024. Candidates who qualified, identified by their roll numbers, will advance to the Personality Test (Interview) phase for selection to the Indian Administrative Service (IAS), Indian Foreign Service (IFS), Indian Police Service (IPS), and other Central Services (Group A and B). Key Guidelines for Candidates For assistance, candidates may contact UPSC via phone, fax, or email as specified in the official not ...Read More >
New Delhi, Jan 14 (PTI) The Delhi High Court on Tuesday sought the stand of comptroller and auditor general of India (CAG) on a PIL seeking its 14 reports on city administration to be made public. A bench of Justices Yashwant Varma and Harish Vaidyanathan Shankar asked CAG to explain why its report could not be made public, and posted the hearing on January 24. Also Read | Karnataka Shocker: Woman Throws 4 Children Into Canal in Vijayapura Allegedly Due to Financial Distress, 2 Bodies Recovered. Brij Mohan, a retired civil servant, who filed the PIL said the voters in Delhi must be aware of ...Read More >
Mumbai, May 21: The 8th Pay Commission has been officially announced by the Indian government, with no doubt a significant activity for some 1 crore central government employees and pensioners for the consideration of the revisions of salaries and pensions. The primary role of this commission will be to identify the fitment factor, the multiplier used to increase basic pay, and review minimum wages and keep them relevant to the current economic situation. A prominent recommendation from the Staff Side indicates a desire to combine lower pay levels for a fairer wage structure and to facilitate ...Read More >
Srinagar: The Centre on Tuesday announced new reservation and domicile policies for Ladakh, reserving 85% jobs for locals and one-third of the total number of seats in the Ladakh Autonomous Hill Development Councils for women. Both Kargil Democratic Alliance (KBL) and Apex Body Leh (ABL), which are fighting for implementation of the Sixth Schedule of the Constitution in the Union Territory (UT), statehood, a separate public service commission and two Lok Sabha seats for Ladakh, welcomed the noti ...Read More >
New Delhi [India], June 7 (ANI): The Central government has raised financial limits under the General Financial Rules (GFRs) for procurement of scientific equipment and consumables. The simplification of GFRs will reduce delays and enhance autonomy and flexibility for the research organisations. Under the new rules, the Finance Ministry said that Vice Chancelors, Dierectors and academic institutions under specified departments and ministries will be able to make non-Government e-Marketplace (GeM) procurement of scientific equipment and consumables. As per the notification of the Finance Min ...Read More >
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 >
Mumbai, Jun 30 (PTI) Police have arrested a 32-year-old man who allegedly posed as an IAS officer, stayed at a Customs' guest house in Mumbai and travelled in a car with the 'Government of India' name plate, an official said on Monday. The accused, identified as Chandramohan Singh, hailing from Bihar, stayed at the Customs' facility by claiming to be an employee of the Ministry of Home Affairs, he said. He used to move around in a car bearing the 'Government of India' name plate, the official said. The man had been stopped by a traffic constable in Dadar for a road rule violation, but he ma ...Read More >
NEW DELHI, July 2: In a significant move aimed at reducing pension-related legal disputes and ensuring swifter justice for India's growing population of retired Government employees, Union Minister Dr. Jitendra Singh today , while chairing the first-ever "National Workshop on Pension Litigation" organised by the Department of Pension & Pensioners' Welfare at Vigyan Bhawan here, said that in no case should the vital energies of our elder citizens be allowed to be consumed inconsequentially for avoidable reasons because they may be "retired from Government service but not retired from service to ...Read More >
Pointing to the increase in the country's stature in the world forum, he asked how, under these circumstances, the promises made to farmers cannot be fulfilled. "Policy-making is not on right track," he added.. Jagdeep Dhankhar's comments come amid a spike in farmer protests. Vice President Jagdeep Dhankhar took up the farmers' issue and questioned the government on their behalf today, directing most of his queries at the Union agriculture minister. Pointing to the increase in the country's sta ...Read More >
New Delhi [India], June 7 (ANI): The Central government has raised financial limits under the General Financial Rules (GFRs) for procurement of scientific equipment and consumables. The simplification of GFRs will reduce delays and enhance autonomy and flexibility for the research organisations. Also Read | PM Narendra Modi To Visit Odisha on June 20 To Attend BJP Govt's First Anniversary Function, Says State Minister Suresh Pujari. Under the new rules, the Finance Ministry said that Vice Chancelors, Dierectors and academic institutions under specified departments and ministries will be abl ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
NEW DELHI: In a significant move aimed at reducing pension-related legal disputes and ensuring swifter justice for India's growing population of retired government employees, Union Minister Dr. Jitendra Singh on Wednesday, while chairing the first-ever "National Workshop on Pension Litigation" organised by the Department of Pension & Pensioners' Welfare at Vigyan Bhawan here, said that in no case should the vital energies of our elder citizens be allowed to be consumed inconsequentially for avoidable reasons because they may be "retired from government service but not retired from service to t ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
Bengaluru, July 3 (SocialNews.XYZ) Reacting to Additional Superintendent of Police, Narayana V Baramani's decision to tender his resignation over public humiliation following Karnataka Chief Minister Siddaramaiah's alleged slap gesture during a convention on April 28, the Karnataka BJP on Thursday said that the CM's action has demoralised the entire police department. Additional SP Baramani submitted his resignation on June 12 after the incident occurred on April 28 in Belagavi during a Congress convention. Leader of the Opposition, R. Ashoka, stated on Thursday, "Mr. CM Siddaramaiah, was yo ...Read More >
Union Minister Shivraj Singh Chouhan announced that nearly five lakh homeless individuals in Jammu and Kashmir will soon receive housing under the Pradhan Mantri Awas Yojana. With Chief Minister Omar Abdullah present, Chouhan highlighted the near completion of existing allotments and plans for verification of newly identified beneficiaries. SRINAGAR: With chief minister Omar Abdullah sitting next to him, Union minister for agriculture and rural development Shivraj Singh Chouhan on Thursday said ...Read More >
Gandhinagar, Feb 4 (PTI) The BJP government in Gujarat on Tuesday formed a committee headed by a retired Supreme Court judge to assess the need for the Uniform Civil Code in the state, and also draft a bill for the same. While the Opposition said the decision was aimed at diverting attention from pressing issues ahead of the upcoming local body polls, the government claimed rights of the tribal communities will be protected if the UCC is implemented. The five-member committee, to be headed by Justice (retd) Ranjana Desai, will submit its report within 45 days, following which a decision abou ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...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 >
CHENNAI: Nearly Rs 1,000 crore earmarked for material components under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme for Tamil Nadu is yet to be released, significantly hampering the scheme's implementation. The Union government has released the outstanding wage dues along with an additional Rs 919 crore towards the wage component for the fiscal year 2025-2026, but not the funds for material components - raw materials like sand, stones, and cement, and also wages for skilled and semi-skilled workers. Timely realisation of both wage and material components is cru ...Read More >
Leh, July 2: Pursuant to putting in place a comprehensive legal framework to ensure fair, inclusive, and transparent recruitment to public services, the Administration of the Union Territory of Ladakh has initiated a large-scale recruitment drive for 359 Gazetted posts through the Union Public Service Commission (UPSC). This marks the first-ever recruitment of Gazetted posts through UPSC since the formation of the Union Territory. This milestone follows the establishment of a unique and dedicated legal framework specifically designed for Ladakh. The framework ensures maximum local representat ...Read More >
Ravikumar said that he did not make any derogatory remarks against her. (File) Bengaluru: Karnataka Police have filed an FIR against the Chief Whip and BJP MLC N. Ravikumar on Thursday for allegedly issuing derogatory remarks on the Chief Secretary Shalini Rajneesh. The Karnataka IAS Officers' Association has condemned the derogatory remarks by Ravikumar. The body has demanded an unconditional apology. Ravikumar made the controversial statement on July 1 in the presence of the Leader of the O ...Read More >
New Delhi: Former IAS probationer Puja Khedkar, accused of cheating and wrongly availing OBC and disability quota benefits in the civil services examination, has moved the Supreme Court for anticipatory bail. A bench of Justices B V Nagarathna and Satish Chandra Sharma is scheduled to hear the plea on January 15. Khedkar has challenged the December 23 2024 Delhi High Court order which refused to grant her anticipatory bail. The high court said a strong prima facie case was made out against Khedkar and an investigation was required to unearth the "larger conspiracy" to manipulate the system ...Read More >
New Delhi: The Supreme Court on Wednesday decided to grant anticipatory bail to former IAS probationer Puja Khedkar, accused of cheating and wrongly availing OBC and disability quota benefits in the civil services examination. The matter was heard by a bench consisting of justices BV Nagarathna and Satish Chandra Sharma. "What is the grave crime she has committed? She is not a drug lord or a terrorist. She has not committed 302 (murder). She is not an NDPS offender", said the bench. "You should have a system or software. You complete the investigation. She has lost everything and will not ge ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...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 >
Shimla, July 2 (PTI) A day after he was booked for allegedly assaulting two NHAI officials, Panchayati Raj Minister Anirudh Singh on Wednesday denied the allegations and said that "the FIR does not mean that I am guilty." Singh also claimed widespread irregularities in road construction works by the National Highway Authority of India (NHAI) and called its officials the "most corrupt in the country". The alleged incident occurred on Monday when the minister was inspecting a building collapse site in Shimla and called NHAI officers there. The owner of the building had claimed negligence by NHA ...Read More >
New Delhi: The Director General of Civil Aviation (DGCA) has conducted an inspection of the Air India office and discovered that there is currently no chief pilot assigned to oversee the operations and safety of the Boeing 787 fleet. This alarming revelation comes just days after Air India's Boeing 787-8 Dreamliner, flight AI-171, crashed into a building mere seconds after takeoff from Sardar Vallabhbhai Patel International Airport in Ahmedabad. The tragic incident involved 242 passengers and resulted in over 250 casualties, as the aircraft crashed into a medical hostel building. Out of the ...Read More >
Kargil , Jul 2: Pursuant to putting in place a comprehensive legal framework to ensure fair, inclusive, and transparent recruitment to public services, the Administration of the Union Territory of Ladakh has initiated a large-scale recruitment drive for 359 Gazetted posts through the Union Public Service Commission (UPSC). This marks the first-ever recruitment of Gazetted posts through UPSC since the formation of the Union Territory, officials said. This follows the establishment of a unique and dedicated legal framework specifically designed for Ladakh. The framework ensures maximum local re ...Read More >