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 quiet morning in north Bengaluru's Kothanur neighbourhood spiralled into tragedy when a 32-year-old IT engineer was found dead in his apartment. Within minutes of discovering his body, his wife died by suicide after jumping from the 18th floor of the same residential complex, police said.According to police, the woman, who worked with an IT firm, had returned from Hyderabad earlier that morning. Around 7.30am, she alerted apartment security after her husband failed to respond to repeated calls and did not open the bedroom door.Security personnel broke open the door and found him hanging from a ceiling fan. A note was recovered from the room.Twenty minutes after hubby Bhanu Chander Reddy was found hanging, Bibi Shaziya Siraj jumped from 18th floor of their apartment Reddy worked in US & lost his job due to AI-triggered cuts last year, but Shaziya had secured a job with IBM Married for two years, the couple shifted to B'luru 8 months ago. Reddy's death note says he was upset over many issuesPreliminary findings suggest the man had been dealing with multiple stressors, including health concerns and anxiety linked to unemployment.Police said he had previously worked in the United States for several years but lost his job last year amid layoffs. Since returning to India, he had been searching for employment while facing financial strain.After reading the note, the woman remained in the flat for nearly 20 minutes as neighbours gathered and calls were made to police and emergency services.In that time, she reportedly left the apartment unnoticed, went up to the 18th floor of the building, and jumped. She died on the spot, police said.The couple, originally from Telangana, had been married for over two years and moved to Bengaluru about eight months ago after the woman secured a job with a multinational company.Investigators said the marriage had not been disclosed to the woman's family, which may have contributed to difficulties while the couple was living in Hyderabad before relocating.Police are continuing their inquiry, examining the circumstances leading up to the deaths, including the contents of the note and the couple's recent financial and personal challenges.Officials said early findings indicate the man had been struggling with anxiety related to joblessness, along with mounting pressures in recent months.
Kanpur: A 24-year-old PhD scholar at the Indian Institute of Technology (IIT) Kanpur, dies by suicide by hanging himself in his hostel room on Monday. The deceased student, identified as Ankit Yadav, took his own life by hanging himself from the ceiling of his hostel room. The incident came to light when Ankit's friends tried to contact him, but their calls went unanswered, prompting his hostel mates to inform the IIT-Kanpur authorities. ...Read More >
Shimla (Himachal Pradesh) [India], July 2 (ANI): A day after a First Information Report (FIR) was filed against Himachal Pradesh's Panchayati Raj and Rural Development Minister Anirudh Singh for allegedly assaulting an NHAI official, the minister on Tuesday categorically denied the charges, saying he would fully cooperate with the investigation and face the law. He also accused the National Highways Authority of India (NHAI) of carrying out "unscientific and dangerous" construction work across the state, leading to massive damage to lives and property. Also Read | Uttar Pradesh Horror: Teen ...Read More >
Mumbai: The income tax (IT) department conducted raids at over 150 locations across the country against false tax deduction disguised as political donations as well as educational and medical expenses. The investigation has revealed that employees of government bodies, public sector undertaking (PUS), multinational companies, academic institutions and entrepreneurs were a part of these organised rackets. On Monday, the IT department initiated a large-scale verification operation across multiple locations in the country, targeting individuals and entities facilitating fraudulent claims of dedu ...Read More >
The Supreme Court of India has said that mere harassment is not sufficient to hold someone guilty of the offence of abetting suicide, and there must be clear evidence of direct or indirect incitement. Photograph: ANI Photo The observations came from a bench of justices Vikram Nath and P B Varale which delivered its verdict on an appeal challenging a Gujarat high court order which refused to discharge a woman's husband and her two in-laws for allegedly harassing her and driving her to suicide. ...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: 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 >
Kanpur: A 26-year-old man in Farrukhabad district committed suicide by hanging himself, following alleged harassment from police and in-laws. He wrote his final message on his trousers, making serious allegations against two police personnel and in-laws, leading to their suspension by the SP.Dilip Rajput from Cheda Nagla village under Mau Darwaza police station area, ended his life by hanging himself with a 'lungi' in his room. In his final note he named his wife Neeraj Rajput, her brother-in-law,, and police constables Jaswant Yadav and Mahesh Upadhyay. The incident originated from his wife's ...Read More >
Hyderabad: Swetcha Votarkar, a 40-year-old Telugu television anchor, was found hanging from a ceiling fan at her residence in Hyderabad on Friday night. The incident came to light after her neighbours alerted the police around 9:30 PM. "When we entered her room, she was found hanging from the ceiling fan," said the Chikkadpally police inspector. An ambulance was called immediately, and paramedics confirmed her death at the scene. While initial reports suggest suicide, police stated that no suicide note was recovered. A case of suspicious death was registered based on a complaint filed by Swe ...Read More >
Vijayawada: Chief Minister N Chandrababu Naidu on Monday unveiled his ambitious vision to transform Amaravati into a global capital for quantum technologies. Addressing the Amaravati Quantum Valley Workshop here, Naidu said: "Quantum computing is the need of the hour. By January 1, 2026, the quantum computing centre will be operational in Amaravati. This marks the beginning of the Quantum Valley." The workshop, jointly organised by the AP government, the Department of Science and Technology (Government of India), TCS and L&T, brought together some of the top minds and institutions in quantum ...Read More >
New Delhi: Congress leader Rahul Gandhi on Thursday attacked the Narendra Modi government over farmer suicides in Maharashtra, saying it remains indifferent to farmers' plight, even as they are sinking deeper into debt every day. The BJP, however, debunked the charge saying politics of counting the dead is disgusting and demanded answers from Gandhi on how 55,928 farmers committed suicide in Maharashtra during the 15-year tenure of the NCP-Congress government from 1999 to 2014. In a post on X in Hindi, the leader of opposition in Lok Sabha accused the government of ignoring farmers' demands ...Read More >
Pune: The office leasing market in Pune experienced a notable surge in the first half of 2025, continuing with the trend observed in 2024. This increase was primarily fuelled by Global Capability Centers (GCCs), which are the Indian technology hubs of multinational corporations, as they aggressively expanded their operations. The GCCs secured a larger proportion of available office spaces in the city during the initial six months of the year, with a particularly strong increase in activity during the April-June quarter.Reports indicate that the total office spaces leased in Pune from Jan to Ju ...Read More >
THIRUVANANTHAPURAM: A Congress Panchayat member and his mother were found dead in their residence at Nilakkamukku near Varkala on Monday morning in what appears to be a case of suicide. The deceased has been identified as Arun V, 42, of Nilakkamukku ward in Vakkom panchayat, and his mother Valsala, 71. They were found hanging in a shed behind their house. The suicide note written by Arun on his letter pad and shared to his friends via WhatsApp stated that four of his neighbours gave fake police complaints against him and that was the reason behind the suicide. The police had recently registe ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped inside a residential building that caught fire, the DCP said. With the help of police personnel and fir ...Read More >
Bengaluru: After facing roadblocks several times, Bengaluru's much-waited Namma Metro Yellow Line is all set to begin operations on January 6. Once operational, the metro line that connects RV Road to Bommasandra will be a crucial addition to the city's metro network as it links Electronics City, a hub for major companies like Infosys and Biocon. Confirming the updates, Lok Sabha MP from Bengaluru South Tejasvi Surya on Thursday said that the first train is ready and will be dispatched to Bengaluru in the first week of January. "We now have the first train ready to be dispatched to Bengaluru ...Read More >
Jaipur, May 26 (SocialNews.XYZ) In yet another tragic incident, a NEET aspirant from Jammu and Kashmir (J&K) died by suicide in Kota, Rajasthan highlighting the ongoing mental health crisis among students preparing for competitive exams in India. The student, identified as Zeeshan, had arrived in Kota just a week ago to prepare for the NEET UG medical entrance exam. The incident occurred in Mahavir Nagar, a locality known for housing students attending coaching institutes. According to police reports, Zeeshan took her life by hanging herself in her room late on Sunday evening. Shockingly, s ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...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 >
New Delhi, July 3 (SocialNews.XYZ) Leader of Opposition (LoP) in the Lok Sabha Rahul Gandhi on Thursday criticised the BJP-led Maharashtra government over farmer suicides and accused the Centre of ignoring their plight. This prompted a swift response from the BJP, which cited findings and facts about farmer deaths in the state during the Congress-NCP rule to set the record straight. The political blame game on farmer suicides began over the Fadnavis government's admission that 767 farmers committed suicide in the state in the past three months. The state government told the Legislative Assemb ...Read More >
Hyderabad: The decomposed body of an unidentified man, believed to be in his late 30s, was found in the Pochammakunta in Gachibowli, on Thursday morning. The body was first spotted by the security staff of a company during a routine patrol around 8.30 am. Pentala Anil Kumar, a senior executive at the company, was informed by security officer Goreta Suresh Babu and alerted the Gachibowli police. Assistant sub-inspector (ASI) Shanker K. and his team visited the spot, retrieved the body from the lake, and began a preliminary investigation. According to ASI Shanker, the man is suspected to have ...Read More >
The Income-Tax Department has found organised rackets operated by some returns preparers and intermediaries across the country, filing income-tax returns (ITRs) on behalf of their clients -- including employees of multinational companies, public sector firms, government bodies, academic institutions, and entrepreneurs -- to fraudulently claim exemptions and refunds, the Finance Ministry said. The department is now poised to take stern action against continued fraudulent claims, including penalti ...Read More >
Guwahati, Jul 15 (PTI) Congress president Mallikarjun Kharge and Leader of Opposition in Lok Sabha Rahul Gandhi will visit Assam on Wednesday during which they will interact with party functionaries of the state. State Congress chief Gaurav Gogoi said the district, block and mandal presidents of the party will be able to present their views before its top leadership during Kharge and Gandhi's visit. Also Read | Did Lucknow Court Judge Take Selfie With Rahul Gandhi During Hearing of Indian Army 'Defamation' Case? BJP's Amit Malviya Found Fake in Fact Check. "I look forward to welcoming Shri ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family has not yet agreed to clemency or blood money. As a last-ditch effort to save her, Kanthapuram A. ...Read More >
Hyderabad: The income-tax (IT) department has conducted inspections at 200 locations across the country, including among individuals employed in the Information Technology (IT) sector with links to Telangana, over the submission of fake bills to claim tax deduction. Although the raids were carried out in Maharashtra, Tamil Nadu, Delhi, Gujarat, Punjab, and Madhya Pradesh, it was reported that employees of several IT companies based in Maharashtra and Tamil Nadu -- originally from Telangana and holding Aadhaar addresses in various parts of the state -- had submitted ITRs with fake bills for ed ...Read More >
A caller claiming to be from the CBI allegedly threatened the BESCOM employee that an arrest warrant had been issued against him and demanded money. A 48-year-old Bengaluru Electricity Supply Company (BESCOM) employee died by suicide Tuesday after allegedly losing Rs 11 lakh to a digital arrest scam on the outskirts of Bengaluru. Kumara K, a resident of HSR Layout in Bengaluru and a native of Kelagere village in Ramanagara district, was married and had an eight-year-old son. He was found dead a ...Read More >
Hyderabad: The phone tapping case in Telangana took a dramatic turn on Tuesday with the police booking former minister T. Harish Rao and others. A case against the Bharat Rashtra Samithi (BRS) leader and others was registered at Panjagutta Police Station in Hyderabad on a complaint by G. Chakradhar Goud, a real estate businessman. The complainant, who is also the founder of Farmers First Foundation, alleged harassment, threats, and unlawful phone surveillance. Panjagutta Police registered a case under Indian Penal Code (IPC) Section 120(B) (Criminal conspiracy), 386 (Extortion), 409 (Crimin ...Read More >
Bengaluru techie suicide: Bollywood actress and BJP MP Kangana Ranaut has courted controversy once again with her remarks on the suicide of Bengaluru techie Atul Subhash, whose tragic death has shocked the nation. While expressing her condolences, she also blamed men for most issues in marriages, sparking a fresh debate. Atul Subhash, a 34-year-old software professional from Uttar Pradesh, was found hanging in his residence in Bengaluru's Manjunath Layout area. In a viral 80-minute video and a 24-page death note, Subhash accused his wife, her family, and a judge in Uttar Pradesh of harassment ...Read More >
SHIMLA: A woman allegedly hanged herself at her home in Olgi village near Subathu cantonment in Solan district Wednesday evening, while she was live on social media.Police recovered a register from the room of the woman (20) in which she had reportedly reasoned that since her family was not ready to get her married to the man she was in love with, he had taken his life earlier. She also wrote therein that she believed she was responsible for his suicide. Therefore, she was also taking her life, and that no one should be held responsible for it.In the live video on Facebook too, she blamed no o ...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 >
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 >
RAIPUR: An engineer and her sister have been arrested for allegedly cheating in the Chhattisgarh VYAPAM Sub-Engineer recruitment exam in Bilaspur on Sunday, police said. Electronic devices including a hidden camera, miniature earbuds and a walkie-talkie set that were used to transmit images of the question paper and receive answers, have been seized from the two sisters identified by the police as Annu Surya, who had an engineering degree from the state's Korea district, and her sister Anuradha Surya. The case came to light after members of the Congress's students wing, National Students' Un ...Read More >