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.
BENGALURU: A 32-year-old IT engineer, who worked in US for five years before losing his job to AI-triggered cuts last year, was found hanging in his flat in an upscale apartment in Kothanur, north Bengaluru, Monday morning.Within minutes of coming to know of her husband's death, his wife, who works with an IT major, went to the 18th floor of the apartment complex and leapt to her death.The deceased from Telangana have been identified as Bhanu Chander Reddy and Bibi Shaziya Siraj, 31. Police said a note left by Reddy suggested he was upset over many issues, including health. Shaziya did not leave behind any note. The interfaith couple shifted from Telangana to Bengaluru after Shaziya secured a job with IBM.Techie suffered from anxiety related to joblessness: PoliceThey moved into a flat on the eighth floor of Tower 6 of Nikoo Homes, Bhartiya City, Thanisandra Main Road, eight months ago.Police said Shaziya, who returned from Hyderabad Monday morning, called up security personnel around 7.30am, stating Reddy was not opening the bedroom door or responding to calls on his cellphone. They broke open the door to find him hanging from the ceiling fan of the room. A death note was on the table.A shocked Shaziya read the note. She was present in the flat for about 20 minutes. As neighbours rushed into the flat and were busy calling in police and ambulance, Shaziya reportedly slipped out of the house, went to the 18th floor and took the fatal plunge. She died instantly, police said.Preliminary probe said the couple was married for two and a half years. "Shaziya hadn't informed her family of the marriage, while Reddy's parents knew," an officer said, quoting the couple's family and colleagues. After losing his job in the US, Reddy was looking for suitable employment there. He returned to Hyderabad and lived with his wife, planning to find a job in India. Since Shaziya had kept the marriage a secret, it became difficult for the couple to live in Hyderabad - home to many of the couple's relatives. Around that time, they shifted to Bengaluru.Reddy faced health issues, caused mainly by anxiety related to joblessness. Besides, he was facing a financial crunch, a police officer said.
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 >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
Kolkata: The medical examination corroborated a law college student's allegation that she was gang-raped, a senior official of the Kolkata Police said on Friday. The first-year student of South Calcutta Law College complained to the police that she was gang-raped inside the institution by an alumnus and two senior students of the institution on the evening of June 25. All three accused were arrested on Thursday. The medical examination of the 24-year-old woman was also conducted on the same day. "The evidence corroborated what the victim alleged in her complaint lodged with the Kasba Police ...Read More >
Navi Mumbai: The father of a three-day-old girl who was found abandoned in a blue basket outside Navi Mumbai's Panvel wad traced and detained on Sunday, the police said. According to them, the infant's parents were not financially stable enough to raise her. Due to this, the couple decided to give up the baby to an orphanage that could look after her, reported PTI. However, the Navi Mumbai police's crime branch traced the infant's father, Aman Iqbal Kondkar, a resident of Thane's Bhiwandi, within 24 hours, an official said. ...Read More >
New Delhi, Jul 9 (PTI) A 23-year-old man has been arrested at the Indira Gandhi International Airport (IGI) here for allegedly impersonating as a Delhi Police sub-inspector by using a forged identity card and fake appointment documents, an official said on Wednesday. The accused, identified as Sahil Kumar, is a resident of Ladpur in Rajasthan's Alwar district and allegedly used the fake identity to target and befriend women victims, including Delhi Police personnel. "Kumar, who was wearing a T-shirt with a Delhi Police logo at the time of detention, was held on Monday by CISF personnel durin ...Read More >
Mysuru (Karnataka), Jul 12 (PTI) A 38-year-old man who is booked under sections of the POCSO Act has been attacked along with his family members, allegedly by the victim's family in Mysuru while they were riding an auto rickshaw, police said on Saturday. The incident occurred on Thursday night on Ramanuja Road when the accused, along with his wife, sister and mother, were returning home after visiting a police station in connection with the case, they said. The attack was purportedly captured on CCTV cameras and mobile phones, and the visuals soon went viral. The videos show that people who ...Read More >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...Read More >
Kolkata: The accused who were arrested in connection with the alleged 'gang-rape' of a first-year student of a law college in south Kolkata, being produced at a city court, in Kolkata, Friday, June 27, 2025.Source : PTI Three of the four individuals arrested over the alleged gangrape of a female student at a prominent law college in Kolkata had meticulously planned the assault in advance, a senior police officer revealed on Monday. A nine-member Special Investigation Team (SIT) investigating the case discovered that the three main accused -- Monojit Mishra, Pratim Mukherjee, and Zaid Ahmed - ...Read More >
Bengaluru (Karnataka) [India], July 2 (ANI): Building on the momentum towards the India Mobile Congress (IMC) 2025, Asia's largest digital technology forum scheduled to be held in October this year, IMC on Tuesday organised a roadshow in Bengaluru, a release said. Organised by the Department of Telecommunications (DoT) and the Cellular Operators Association of India (COAI), IMC 2025 has put a major focus on Bengaluru as a critical launchpad, reflecting the city's thriving startup ecosystem and leadership in deep-tech advancement. Also Read | Nothing Phone 3 Price, Specifications and Features ...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 >
Pune, Jul 4 (PTI) Police on Friday said the suspect detained in connection with the alleged rape of a Pune IT professional at her home was her friend, casting doubts on the woman's claim that he was a stranger and had gained entry by posing as a courier delivery agent. Police Commissioner Amitesh Kumar said neither was there any sign of forced entry nor any spray that could be used on the victim. Moreover, the selfie in question was taken with the consent of both, and it was the victim who edited the photo and typed a threatening message on her phone after he left her place around 8.30 pm on ...Read More >
New Delhi: Indian-origin business executive Sabih Khan, 58, has been appointed the new chief operating officer of Apple, the tech giant said in a statement on July 8. Praising Khan's commitment and dedication, Apple's CEO Tim Cook said that Khan will make an exceptional chief operating officer. Khan has been with Apple for 30 years. Currently serving as Apple's senior vice president of operations, Khan oversees the company's operations and global supply chain. Announcing Khan's appointment, Apple said that it was part of a long-planned succession. The iPhone maker said in a statement, "Apple ...Read More >
In Delhi's Lajpat Nagar, Ruchika and her son were found murdered. Police suspect their domestic help, Mukesh, is the culprit. Kuldeep Sewani, Ruchika's husband, discovered the crime. Mukesh, also an employee at Kuldeep's garment shop, was missing. Uttar Pradesh Police apprehended Mukesh on a train. The motive behind the double murder remains unknown. Investigation is underway.A woman and her teenage son were allegedly killed by their domestic help at their home in Delhi's Lajpat Nagar area, polic ...Read More >
New Delhi: Congress MP and the Leader of Opposition (LoP) Rahul Gandhi on Monday made a rare praise for the 'Make In India' program, even commending the Prime Minister Narendra Modi for bringing in the 'good idea' but then went to disapprove it by calling it 'damp squib'. Speaking in the Lok Sabha during the Motion of Thanks on the President's address, Gandhi said 'Make in India' was conceptually good but the PM failed to deliver the results despite making a good effort. "Prime Minister proposed the Make In India program. I think it was a good idea, however the result is in front of you all, ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Trump and Musk's most "hot" alliance, the breakup is also the most "hot" and spectacular: on Thursday, the two were almost completely torn apart in a live broadcast similar to a reality show. Musk called him "ungrateful" and Trump described him as "crazy". As soon as the news came out, it immediately caused a sharp drop in the stock and crypto markets. ETHRANSACTION reminds cryptocurrency holders to convert their cryptocurrencies into investment plans as soon as possible (to av ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...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 >
VIJAYAWADA: The State government on Friday accorded approvals to a slew of industries. Among those are Krishnapatnam Power Corporation Limited (KPCL), which is set to establish a 350 MW Solar and Battery Energy Storage System (BESS) in Thamminapatnam and Mommidi villages of SPSR Nellore district with a Rs 1,225 crore investment, creating 575 jobs. Furthermore, the government also waived off a Rs 54 crore extension of time fee, contingent on project completion within two years as per the Andhra Pradesh Integrated Clean Energy Policy-2024. The government also allocated 22.80 acres at MPSEZ in N ...Read More >
New Delhi: A 23-year-old man was arrested at Delhi's IGI Airport for impersonating a sub-inspector of Delhi Police, allegedly to deceive and befriend women, including staffers of the force. The accused, Sahil Kumar, was found in possession of forged police documents and fake identification.According to police, the incident unfolded on July 7 at around 3.30 pm, when the Central Industrial Security Force (CISF) intercepted a suspicious individual during routine profiling operations at Terminal-3's departure forecourt. "The man, identified as Sahil Kumar, was wearing a white T-shirt with the Delh ...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 >
Pune: City police commissioner Amitesh Kumar on Friday said investigation into the alleged rape of a 22-year-old data scientist by a "delivery agent" in a Kondhwa flat on Wednesday revealed that there was "no forced entry into the woman's flat, no chemical was sprayed to render her unconscious and the selfie on her cellphone was taken with her consent before she herself cropped the image". Kumar told TOI, "We have detained her 27-year-old friend, an IT professional with a software company in Baner, after evidence like his cellphone location showed that he was around the flat at the time of the ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent muted demand scenario. Select companies from metals, pharmaceuticals, cement, banking and finance and ...Read More >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >
No chemical spray had been used to make her unconscious (as suspected earlier), Kumar said. A suspect detained in connection with the alleged rape of a Pune IT professional at her home was her friend and not a stranger who gained entry by posing as a courier delivery agent, police said on Friday, casting doubt on her version of the events. It was the woman herself who took a selfie with him and typed a threatening message in her phone, police commissioner Amitesh Kumar said. "They know each oth ...Read More >
Hyderabad: A coded WhatsApp message, "Bhai, baccha aa gaya", was all it took to alert consumers to collect ganja at the HDFC Bank branch in Gachibowli from a Maharashtra-based supplier. Acting on a tip-off, the EAGLE narcotics wing conducted a decoy operation on Saturday and caught 14 people red-handed as they tried to purchase the contraband. The accused include Naveen (31), an online trader; Ayush (22), a student; Nikhil (29), a racing engineer; Sindura (26), an architect; Hasan (34), a property manager; Kranti (28), an IT employee; Akhil (28), a dental technician; Shiva (32), a business re ...Read More >
Bilaspur, July 14 (PTI) The arrest of a female job aspirant and her sister, who coordinated from an autorickshaw, has busted a hi-tech fraud during the Chhattisgarh VYAPAM exam, leading to the recovery of a camera hidden in clothes, a microphone, and a walkie-talkie, police said on Monday. After the duo was arrested in Bilaspur district, the Congress alleged a big scam under the Chhattisgarh Vyavsayik Pariksha mandal (CG VYAPAM) examination and demanded a CBI inquiry. Police seized seven electronic devices, including mobile phones, a walkie-talkie, micro earphones, and a secret camera, on Su ...Read More >
Kolkata, Jul 15 (PTI) West Bengal Chief Minister Mamata Banerjee on Wednesday hailed the safe return of Indian astronaut Group Captain Shubhanshu Shukla from space, calling it a matter of national pride. Shukla, a 39-year-old Indian Air Force officer and test pilot, on Tuesday returned to the Earth after an 18-day stay at the International Space Station. Also Read | Will Samosa and Jalebi Display Cigarette-Style Health Warnings? PIB Fact Check Debunks Fake News, Says Health Ministry's Advisory Doesn't Mention Warning Labels on Indian Food Products. "Welcome home, Shubhanshu Shukla! We are r ...Read More >
New Delhi, Jul 15 (PTI) Electronics manufacturing services firm Dixon Technologies (India) Ltd on Tuesday said it has signed a binding term sheet to acquire a 51 per cent stake in Kunshan Q Tech Microelectronics (India). The proposed acquisition will be made through a combination of primary and secondary investments, the company stated in a regulatory filing without disclosing financial details of the deal. Also Read | Ganeshotsav 2025: MSRTC To Run 5,000 Special Buses to Konkan From August 23 to September 7, Transport Minister Pratap Sarnaik Announces; Group Bookings Start July 22. "Dixon ...Read More >
BENGALURU: BBMP marshals deployed at lake security and supervision wing, ward monitoring and Indira Canteens are working without salaries since March. The situation has arisen after Bangalore Solid Waste Management Limited was carved out of BBMP for garbage management. Their salaries are usually given through the Ex-Servicemen Welfare Society and each marshal is paid Rs 17,500 monthly. "Supervisors say the delay is due to a set of procedures. Earlier, the amount was given to the Ex-Servicemen Welfare Society towards payments from BBMP. Now the files have to be cleared from BWSML to ward mars ...Read More >
Online Azan, has been developed by a Tamil Nadu-based companyThe app will come completely free of costThe mobile app will relay the azan directly to homes In the backdrop of curbs over the use of loudspeakers, half-a-dozen mosques in Mumbai have registered on a dedicated mobile phone application which relays the 'azan', or call to prayer, directly to the faithful in real-time. The app, Online Azan, has been developed by a Tamil Nadu-based company. Given the restrictions and sensitivities surro ...Read More >