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.
With the demand for firewood from households and the hotel sector rising, wood suppliers have warned of a possible shortage. Benny Nanatt, an eatery owner at Palarivattom, says that due to the unavailability of LPG cylinders, several hotels have turned to firewood. "Induction cooktops are not an option as commercial electricity connections have higher tariffs. So, firewood is largely relied upon," said Mr. Nanatt. He has been using rocket stoves that run on firewood. "It has been two weeks sinc
Hyderabad, Jun 6 (PTI) Telangana Chief Minister A Revanth Reddy on Friday said BRS president K Chandrasekhar Rao should face an inquiry by the judicial commission on the Kaleshwaram project instead of attacking the Congress government. Addressing a public meeting after attending various development programmes in Yadadri-Bhuvanagri district, he referred to the judicial panel summoning KCR and the BRS criticising the state government on the matter. Also Read | Water Cut in Pune: Supply Suspended in South Pune on June 12 Due to Maintenance Work; Check Affected Areas. The judicial commission is ...Read More >
Lucknow (Uttar Pradesh) [India], July 1 (ANI): A sandalwood tree worth lakhs of rupees was stolen from the official residence of the King George's Medical University (KGMU) Vice-Chancellor in Lucknow, despite security arrangements in place. KGMU spokesperson KK Singh said the 50-year-old tree was cut down and taken away by thieves. The residence, located within the campus, is currently unoccupied. Also Read | Rules Changing From July 1, 2025: From LPG Cylinder Prices and Railway Fares to Aadhaar-PAN Link, Check Key Rule Changes Taking Place Next Month. An FIR has been lodged, and CCTV foota ...Read More >
New Delhi [India], July 8 (ANI): The cost of home-cooked meals eased in June as compared to the same month last year, driven by a sharp correction in vegetable prices, according to the Crisil Intelligence report. In the monthly report titled 'Roti Rice Rate', the average cost of a vegetarian thali (Plate) declined by 8 per cent year-on-year (YoY), while the cost of a non-vegetarian thali was down nearly 6 per cent. The decline in vegetarian thali prices was primarily attributed to a significant drop in key vegetable prices, which had spiked the previous year due to adverse weather and crop d ...Read More >
Srinagar, Jan 8 (UNI) In a significant breakthrough, Srinagar Police dismantled a cross-border drug trafficking network, seizing 8 kilograms of heroin valued at Rs 30-32 crore in the international market, and arresting two key operatives. Senior Superintendent of Police (SSP), Srinagar, Imtiyaz Hussain Mir, revealed that initial investigations confirmed the narcotics were smuggled from Pakistan as part of a cross-border trafficking syndicate. The SSP detailed the operation, saying that a team from Police Post Qamarwari intercepted a vehicle at Barthana Crossing during a routine checkpoint. ...Read More >
Mumbai, July 3 (SocialNews.XYZ) The Enforcement Directorate (ED) has intensified its probe into the Vasai-Virar Municipal Corporation (VVMC) land scam, conducting fresh search operations at 16 locations across Mumbai on July 1 under the Prevention of Money Laundering Act (PMLA), 2002. The searches, linked to the case involving Jayesh Mehta and others, resulted in the freezing of assets worth approximately Rs 12.71 crore in bank accounts, fixed deposits, and mutual funds, along with the seizure of Rs 26 lakh in cash and a trove of incriminating documents and digital devices, a statement issued ...Read More >
Guwahati (Assam) [India], July 5 (ANI): The Meghalaya Forest Department organised an outreach programme for the personnel of the 193rd Border Security Force (BSF) Battalion at Ranikor, Gumaghat Border Outpost (BOP) on the Indo-Bangla border in South-West Khasi Hills (SWKH) district. The main objectives of the outreach programme was to sensitise the BSF personnel on how to deal with herds of wild elephants they often encounter while discharging duty on the international border as well as raise awareness among BOP officials about various forms of wildlife crime, current trends in wildlife traff ...Read More >
Nalgonda: Deputy Chief Minister Mallu Bhatti Vikramarka on Sunday said that the Congress government would stand tall and work tirelessly for the public, no matter how many conspiracies were hatched by the Opposition. He said the Opposition was conspiring against the Congress government because its welfare programmes were fundamentally changing lives and increasing its popularity. He pointed out that there were 1.1 crore families in Telangana, and the benefits of at least one of the welfare schemes had reached nearly 93 lakh families. "In just one and a half years, we have implemented some for ...Read More >
KOZHIKODE: A woman from Palakkad who recently tested positive for Nipah virus, remains in critical condition at the Kozhikode Government Medical College Hospital. She is currently receiving critical care in the hospital's specialised Nipah isolation unit. The patient was initially admitted to a private medical facility in Perinthalmanna. However, late on Saturday night, due to a significant deterioration in her health, she was transferred to the Kozhikode Medical College. Her symptoms, consistent with a severe viral infection, first appeared on July 1, prompting her to seek medical attention. ...Read More >
Hyderabad, July 18 (UNI) In view of the ongoing heavy rains in Hyderabad, Chief Minister A Revanth Reddy has directed all concerned departments to stay on high alert and ensure swift response to public grievances. The Chief Minister instructed officials from GHMC, HMDA, Water Works, Electricity, and Police departments to work in close coordination to prevent any rain-related disruptions. He also emphasised the need for immediate action in areas facing waterlogging, power outages, or other rain-induced issues. CM Revanth Reddy further directed the deployment of SDRF, NDRF, Hydra teams, and ot ...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 >
New Delhi [India], July 3 (ANI): The Enforcement Directorate (ED) has frozen Rs 12.71 crore in bank balances, fixed deposits, mutual funds and seized cash amounting to Rs 26 lakh apart from large number of incriminating documents and devices during searches conducted at 16 different locations across Mumbai in Vasai Virar Municipal Corporation (VVMC) scam, the agency said on Thursday. ED's Mumbai zonal office took the action during the raids carried out under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, on July 1 in the case. Also Read | Gujarat Human Trafficking Cas ...Read More >
Hyderabad: Telangana chief minster A Revanth Reddy requested the Central government to increase the supply of urea to the state, amid nationwide shortage. He met Union Minister for Fertilisers and Chemicals, JP Nadda, in New Delhi on Tuesday, July 8, and informed him that only 3.07 lakh metric tonnes of urea were supplied to Telangana between April and June, as against the requirement of 5 lakh metric tonnes in the Kharif season. He also brought to the notice of the Union minister that 63,000 metric tonnes of domestically produced urea and 97,000 metric tonnes of imported urea were to be sup ...Read More >
Home Minister Amit Shah on Saturday (July 19, 2025) said that it was a Bharatiya Janata Party government led by former Prime Minister Atal Bihari Vajpayee that carved out smaller States like Uttarakhand, Jharkhand and Chhattisgarh, which are now creating history in development and growth. Speaking at Rudrapur during the celebration of 'Uttarakhand Investment Festival 2025' organised on realisation of ₹1 lakh crore investment in the State, Mr. Shah hailed the development being done by the Pushk ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Actor Harshvardhan Rane, who was last seen in 'The Miranda Brothers', is heaping praise on the recently released film 'Saiyaara', and its team. On Saturday, the actor took to the Stories section of his Instagram, and penned a special note for the film and its makers after it witnessed a stellar opening day. He wrote, "Another melodious example of a love story shattering all myths and formulas of the industry. Honest heart wrenching love story wins again in 2025! #Saiyaara". 'Saiyaara', which stars Aneet Padda, and marks the debut of Ahaan Panday, is helmed b ...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 >
Hyderabad, Jun 6 (PTI) Telangana Chief Minister A Revanth Reddy on Friday said BRS president K Chandrasekhar Rao should face an inquiry by the judicial commission on the Kaleshwaram project instead of attacking the Congress government. Addressing a public meeting after attending various development programmes in Yadadri-Bhuvanagri district, he referred to the judicial panel summoning KCR and the BRS criticising the state government on the matter. The judicial commission is probing the alleged irregularities in the Kaleshwaram project built during the BRS regime. "He (KCR) is getting restles ...Read More >
New Delhi | July 1, 2025 -- In a welcome move for commercial establishments, oil marketing companies have slashed the price of 19 kg commercial LPG cylinders by ₹58.50, effective July 1. This brings the price in Delhi down to ₹1,665, compared to ₹1,723.50 in June. Also Read: Delhi Scraps Police Licensing for Hotels, Pools, and Discotheques in Major Business Reform However, the 14.2 kg domestic LPG cylinder price remains unchanged, leaving household budgets under continued pressure despite repeated calls for relief. This marks the fourth price cut since March 2025, when commercial LPG saw a ...Read More >
New Delhi [India], July 1 (ANI): Oil marketing companies revised the prices of commercial LPG gas cylinders on Tuesday, reducing the cost of a 19 kg commercial cylinder by Rs 58.50. The new rates came into effect from July 1, bringing relief to commercial users such as hotels, restaurants, and businesses. While in Delhi, with the latest revision, the retail sale price of a 19 kg commercial LPG cylinder was set at Rs 1665, down from the previous rate. There was, however, no change in the price of 14.2 kg domestic LPG cylinders, which are widely used in households. Also Read | Bhopal Shocker: ...Read More >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
NEW DELHI: Signalling the government's intent to move ahead with the impeachment motion of Allahabad High Court judge Justice Yashwant Varma, Union Minister Kiren Rijiju on Thursday said that main opposition parties have given their in-principle approval to support the motion in the upcoming monsoon session scheduled for July21-August 21. Rijiju said that the government is yet to decide whether the motion would be brought in the Lok Sabha or the Rajya Sabha. For the Lok Sabha, signatures of a minimum 100 MPs is required. The requirement is the support of at least 50 MPs in the Rajya Sabha. H ...Read More >
Alipurduar (West Bengal) [India], May 29 (ANI): Prime Minister Narendra Modi on Thursday laid foundation stone of City Gas Distribution project in Alipurduar and Cooch Behar districts in West Bengal on Thursday. The project, worth over Rs 1010 crore, aims to provide Piped Natural Gas (PNG) to more than 2.5 Lakh households, over 100 commercial establishments, and industries, and Compressed Natural Gas (CNG) to vehicular traffic by establishing around 19 CNG stations in line with the Minimum Work Program (MWP) targets stipulated by the Government. Also Read | Kerala Lottery Result Today 3 PM L ...Read More >
Thiruvananthapuram: Ravada A Chandrasekhar took charge as the new State Police Chief on Tuesday. He succeeds Shaik Darvesh Saheb, who retired on June 30. His tenure will run until July 1, 2027. A 1991-batch IPS officer currently serving as Special Director with the Intelligence Bureau, Chandrasekhar is on central deputation. He was selected over Nitin Agarwal, who topped the official list of probables. The appointment order, issued by Kerala Chief Secretary Dr A Jayathilak on behalf of the Governor, was released soon after a cabinet meeting held on Monday. Hailing from Andhra Pradesh's Godav ...Read More >
New Delhi, July 18 (SocialNews.XYZ) Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said that despite global volatility, India accounted for 16 per cent of global growth in crude oil consumption and is projected to contribute 25 per cent of such growth over the next three decades. In his address at the plenary session of the All India Petroleum Dealers Association (AIPDA) conclave, the minister said that the Government has ensured affordable and uninterrupted energy supply to citizens, even during times of global uncertainty. Highlighting India's achievements in the biofuels ...Read More >
Durgapur (West Bengal) [India], July 19 (ANI): Union Petroleum and Natural Gas Minister Hardeep Singh Puri said that over 10.33 crore women have been provided with free connections of Liquefied petroleum gas (LPG) under the Pradhan Mantri Ujjwala Yojana (PMUY). He stated that there were 14 crore LPG connections in 2014, and the number of connections has increased to 33 crore as of 2025. LPG Connection: Year 2014 - 14 crore and Year 2025 - 33 crore, Puri said while addressing the gathering here, adding, Under the guidance of PM Narendra Modi, the past 11 years have brought an LPG revolution t ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
New Delhi: Oil companies on Tuesday slashed the price of commercial LPG cylinders by ₹58.5 with effect from July 1. A 19-kg commercial cylinder now costs ₹1,672 in Kochi and ₹1,693 in Thiruvananthapuram. This marks the fourth consecutive reduction in commercial LPG prices. Rates were earlier cut by ₹24 on June 1, ₹14.50 on May 1, and ₹41 on April 1--amounting to a total reduction of ₹138 since April. However, in a contrasting move, the price of aviation turbine fuel (ATF) was hiked sharply by ₹6,271.5 per kilolitre, or 7.5%, bringing the price in Delhi to ₹89,344.05 per kl. This reverses a t ...Read More >
Pune: The restaurant and hoteliers' association in the city said continuous hike in taxes on bars and restaurants has made it difficult for them to operate, forcing many small establishments to consider shutting down their business.Three tax hikes in a year on bars and restaurants in the state have already led to an increase in black market sales or smuggling of liquor from other states, Pune Restaurant and Hoteliers Association (PRAHA) said.The association has given a state-wide dry day call on Monday to protest the govt's taxation policy. More than 4,000 permit rooms and bars in Pune and Pim ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in Srinagar, and two in Budgam district -- (KNO) ...Read More >
New Delhi, Jun 26 (PTI) The Rs 852-crore initial public offer of Ellenbarrie Industrial Gases Ltd attracted 22.19 times subscription on the last day of bidding on Thursday. The three-day IPO received bids for 33,52,79,311 shares, as against 1,51,08,983 shares on offer, as per NSE data. Qualified Institutional Buyers (QIBs) quota received 64.23 times subscription, while the category for non-institutional investors got subscribed 15.21 times. The portion for Retail Individual Investors (RIIs) fetched 2.14 times subscription. Ellenbarrie Industrial Gases has raised Rs 256 crore from anchor inv ...Read More >
Over 20,000 bars and permit rooms in Maharashtra will close on July 14 due to the Indian Hotel and Restaurant Association's protest against the state government's increased taxes on liquor, including VAT and excise duty hikes. AHAR claims these tax increases are crippling the Rs 1.5 lakh-crore industry, leading to potential business closures, job losses, and increased liquor smuggling. Over 20,000 bars and permit rooms across Maharashtra will shut operations on July 14 to protest against the sta ...Read More >