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.
Kochi: The Kerala High Court has dismissed a petition filed by Malayalam actor and Union Minister Suresh Gopi seeking to quash an election petition challenging his victory from the Thrissur Lok Sabha constituency. The court ruled that the plea cannot be rejected at the preliminary stage, paving the way for a detailed trial in the case. The election petition was filed by Thrissur-based A S Binoy, a leader with All India Youth Federation (AIYF), the youth wing of Communist Party of India (CPI), who alleged 'corrupt practices' during the election campaign. The court observed that the matter requires thorough examination and directed that further proceedings be conducted with detailed hearings from both sides. The High Court stated that election petitions cannot be dismissed outright without examining the merits of the allegations. Both the petitioner and the respondent will now have the opportunity to present evidence, documents, and arguments before the court. A final verdict will be delivered after comprehensive hearings. The petition alleges that religious symbols and sentiments were used during the election campaign to influence voters, which, if proven, would amount to a violation of the Representation of the People Act, 1950 (RPA). It also claims that promises of benefits, including monetary inducements, were made to voters.
KOCHI: Questioning the censor board's objection to the use of 'Janaki' in an upcoming Malayalam film and the need for modifying its title, the Kerala High Court on Friday observed that 'Janaki' was a common name used everywhere. It also wondered how the name could affect a particular section of society, as it did not belong to any specific caste or religion. Justice N Nagaresh made the remarks during the hearing of the petition filed by Cosmos Entertainments, the producer of 'JSK-Janaki Vs State of Kerala', which stars Union Minister Suresh Gopi and Anupama Parameswaran in lead roles. The Tam ...Read More >
Patna (Bihar) [India], July 2 (ANI): Defence Minister Rajnath Singh arrived at Patna airport on Wednesday for his visit to Bihar ahead of the inaugural ceremony of the BJP's state executive meeting. The visuals showed the Bharatiya Janata Party (BJP) leaders welcoming the Defence Minister at the airport. Also Read | IT Hiring Massive Surge: India's Tier-2 Cities See 53% Rise in Hiring in Information Technology Sector, Says Foundit. Speaking to reporters, Union Minister Giriraj Singh said, "Rajnath Singh is coming. He will speak about the accomplishments of the state and central governments, ...Read More >
Hyderabad (Telangana) [India], July 5 (ANI): Telangana BJP president N Ramchander Rao on Saturday accused the Congress of misleading the country with its claim that the BJP-led government at the Centre wants to change the Constitution. He added that AICC has now become the 'All India Cheating Congress'. "The words 'secular' and 'socialist' were not there in the Constitution. It was added after the 42nd Amendment. The Amendment was brought during the Emergency. Emergency was a black day in the democratic history of our country. So, the original Constitution did not have the words 'secular' and ...Read More >
New Delhi [India], July 16 (ANI): The Indian government expressed regret on Tuesday over the reported demolition of the ancestral property of celebrated filmmaker and writer Satyajit Ray in Mymensingh, Bangladesh and expressed its willingness to extend cooperation in its restoration. "We note with profound regret that the ancestral property of noted filmmaker and litterateur Satyajit Ray in Mymensingh, Bangladesh, belonging to his grandfather and eminent litterateur, Upendra Kishor Ray Chowdhury, is being demolished," the Ministry of External Affairs said. Also Read | India Urges Bangladesh ...Read More >
New Delhi/Hyderabad, Dec 18 (UNI) Union Minister and Telangana BJP President G Kishan Reddy emphasised the Modi government's commitment to preserving and promoting India's regional languages. Addressing the media in New Delhi on Wednesday, Reddy highlighted various initiatives undertaken by the central government to strengthen India's linguistic diversity. Reddy noted that India is unparalleled in its cultural and linguistic diversity, with 121 languages spoken across the country. "Our Constitution initially recognised 14 official languages, but this number has increased to 21 under Prime M ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
Ludhiana, Jun 8 (PTI) Punjab Congress president Amrinder Singh Raja Warring on Sunday asserted that his party will win the Ludhiana West assembly bypoll, scheduled to be held on june 19, with a "record margin". "Congress practically has no competition here", he claimed. Warring, who is also the Ludhiana MP, said that the ruling Aam Aadmi Party (AAP) was badly mistaken that the Congress would allow it to abuse power and misuse the official machinery for the elections. "First of all, we will not let any misuse of the official machinery and second, in case any official is found to be misusing ...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 >
Patna, July 10 (SocialNews.XYZ) Union Minister Giriraj Singh on Thursday launched an attack on Congress leader Rahul Gandhi and Bihar Leader of Opposition Tejashwi Yadav, accusing them of misleading the public and aligning with "anti-national forces" under the pretext of safeguarding voter rights. "Wherever Rahul Gandhi loses, he raises false alarms about voter rights being snatched," Singh said, adding, "He is fighting not for Indian voters, but for Bangladeshi and Rohingya infiltrators. His politics is rooted in negativity, and he wants to drag Bihar back to the chaos of the 1990s." Target ...Read More >
Bhubaneswar, Jul 17 (PTI) Normal life came to a standstill in Odisha on Thursday as opposition Congress and seven other political parties enforced a 12-hour bandh over the death of a college student who set herself on fire after being denied justice in an alleged sexual harassment incident. Though over six hours had passed since the strike began, there were no reports of violence or untoward incidents from any part of the state, a senior home department official said, adding that the bandh has mostly affected transport and business sectors. The bandh, however, affected coal and mineral trans ...Read More >
Kochi: Reacting to the death of 13-year-old Mithun in Kollam, Union Minister Suresh Gopi on Thursday said that strict action should be taken if negligence was involved. Speaking to the media at a theatre in Edapally, Gopi said that politics should not be seen in this. "The political arrogance of government officials must end. The DEO is the one who must answer in this matter. Schools and children must be made safe. If they are not capable of doing that, let them resign," he added. Mithun, a Class 8 student at Thevalakkara Boys' School, died on Thursday morning after being electrocuted while ...Read More >
Bengaluru (Karnataka) [India], June 7 (ANI): Two top Karnataka State Cricket Association (KSCA) officials -- secretary A Shankar and treasurer ES Jairam -- resigned from their posts during an emergency managing committee meeting held on Saturday, accepting 'moral responsibility' for stampede near M Chinnaswamy Stadium in Bengaluru. The incident occurred during celebrations following Royal Challengers Bengaluru's (RCB) maiden IPL title win and claimed 11 lives and left dozens injured. KSCA President Raghuram Bhat confirmed the development, saying that the resignations were discussed and accep ...Read More >
Pathanamthitta (Kerala), Jun 27 (PTI) Union Minister George Kurian on Friday said that everything was secondary to the idea of Bharat Mata, amid a controversy over displaying a portrait of the nation as a mother figure with a saffron flag at Kerala Raj Bhavan's official functions. Speaking to reporters here, he said that "the Raj Bhavan and those in the government were secondary to Bharat Mata". The Union Minister of State for Fisheries, Animal Husbandry and Dairying and Minority Affairs also dared the Congress and the Left parties, CPI(M) and CPI, to try and prohibit the slogan -- 'Bharat M ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
KOCHI: The controversy over the use of the name Janaki in the film JSK - Janaki v/s State of Kerala, starring Union Minister Suresh Gopi, saw a new development on Wednesday with the film's producers informing the Kerala High Court that they are willing to incorporate the suggestions made by the Central Board of Film Certification (CBFC). Accordingly, changes will be made to the subtitle of the movie, modifying it from Janaki to Janaki V. With this change, the revised title of the film will be JSK - Janaki V v/s State of Kerala. When the petition filed by Cosmos Entertainments, Tamil Nadu the ...Read More >
Thrissur: Palakkad Range Forest Officer has issued a notice to the complainant, A A Muhammad Hashim, INTUC Young Workers Council state general secretary, to appear before him at 10.30 am on July 21 for recording his statement. In a complaint lodged on June 16, Muhammad Hashim had stated that Union Minister Suresh Gopi is often seen sporting a pendant made of a leopard tooth. The complaint was filed after rapper Vedan (Hirandas Murali) was arrested for allegedly wearing a leopard tooth pendant. The forest department may proceed to record Suresh Gopi's statement in case they are able to collec ...Read More >
New Delhi, Jul 15 (PTI) The Indian economy is expected to grow at 6.5 per cent in the current financial year, despite geo-political tensions and trade policy uncertainties, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Tuesday. In an interview with PTI, Dev further said that domestic growth will be driven by low inflation, resulting from good monsoon and benign interest rate regime, triggered by three back-to-back rate cuts by the Reserve Bank of India. "There are significant global headwinds like the twin shocks of geo-political tensions and trade ...Read More >
Kochi, Feb 3 (PTI) The opposition Congress-led UDF on Monday intensified its criticism of Union Ministers George Kurian and Suresh Gopi over their recent controversial statements, calling their remarks "immature" and accusing BJP leaders like them of having contempt for Kerala. Addressing reporters here, the Leader of Opposition in the state Assembly, V D Satheesan, strongly criticised the "backward" remark made by Kurian, the Minister of State for Minorities and Fisheries, on Union Budget day, and stated that Kerala has only sought the funds it rightfully deserves from the centre. Taking a ...Read More >
Bengaluru (Karnataka) [India], June 7 (ANI): Karnataka Chief Minister Siddaramaiah has ordered an increase in the compensation announced for the families of those who died in the Chinnaswamy Stadium stampede in Bengaluru to Rs 25 lakh each. Earlier, the government had announced a compensation of Rs 10 lakh each. Union Minister Pralhad Joshi demanded that CM Siddaramaiah and Deputy Chief Minister DK Shivakumar should 'resign right now' in connection with the June 4 stampede near Bengaluru's Chinnaswamy Stadium that claimed 11 lives and left dozens injured. Joshi told reporters, 'The state go ...Read More >
New Delhi, Jun 8 (PTI) Aam Aadmi Party's Rajya Sabha MP Sanjay Singh and Delhi unit chief Saurabh Bharadwaj on Sunday visited the demolition site of the Madrasi Camp slum cluster, where they met with displaced residents, and intensified their attack on the BJP over the recent eviction drive. They alleged that Prime Minister Modi's promise to slum dwellers of 'jahan jhuggi wahan makan' - house at the site of their hutment - has "proved to be hollow like many others". There was no immediate response available from the BJP or the Delhi government over the accusations. The Madrasi Camp -- a jhu ...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 >
DHARMAPURI: For the third time in the past two months, a wild leopard wandered into a private farmland near Valaithottam village near Palacode and hunted chicken raised by a local farmer. Locals are increasingly distressed and urged the forest department to take steps to relocate the leopard. Over the past few months, there have been several reports of leopard sightings in forest areas near Palacode, particularly in Valaithottam village, near the forest's fringe. There have been two instances when the leopard attacked farmlands, taking away a domestic dog and a chicken. On Saturday, the leop ...Read More >
Kochi, Jul 9 (PTI) The makers of 'Janaki vs State of Kerala', starring Union Minister Suresh Gopi, informed the Kerala High Court on Wednesday that they are willing to change the film's title to "V Janaki" or "Janaki V", as suggested by the Central Board of Film Certification (CBFC). The statement was made during a hearing on a plea filed by the producers challenging the CBFC's objection to the original title "Janaki", which had delayed the film's clearance. Also Read | Pappu Yadav, Kanhaiya Kumar 'Not Allowed' to Board Rahul Gandhi-Tejashwi Yadav's Chariot During 'Bihar Bandh' Protests in P ...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 >
Moradabad (Uttar Pradesh) [India], December 13 (ANI): Samajwadi Party (SP) leader ST Hasan on Friday said that the 'One Nation, One Election' rule was not possible in the country with the various cultures and laws present. "The One Nation, One Election rule is not possible in our country. Our country has a lot of different cultures and religious laws. There is a huge conspiracy behind it... Indirectly, only the centre will rule. They are trying to change the Constitution. They are talking about a common civil court, saying One Nation One Constitution... tomorrow you'll say One Nation One Cult ...Read More >
New Delhi, January 13 (VOICE) Acting swiftly on the recommendation made by the Supreme Court Collegium, the Centre on Monday cleared the appointment of Patna High Court's Chief Justice Krishnan Vinod Chandran to the apex court. In a post on X, Union Minister for Law and Justice Arjun Ram Meghwal announced that the President, after consultation with the Chief Justice of India (CJI), was pleased to appoint Justice Chandran as a Supreme Court judge. "In exercise of the powers conferred by clause (2) of Article 124 of the Constitution of India, the President is pleased to appoint Shri Justice Kri ...Read More >
Thrissur (Kerala) [India], June 7 (ANI): Union Minister of State for Tourism & Petroleum and Natural Gas, Suresh Gopi, met actor Shine Tom Chacko at a private hospital in Thrissur. Malayalam actor Chacko was admitted to the hospital after he met with a road accident in Madurai, Tamil Nadu. Chacko and his family were in a car accident, in which the actor lost his father. South India International Movies Awards (SIIMA) took to X and extended condolences to Chacko and his family. SIIMA wrote, 'Malayalam actor Shine Tom Chacko was injured in a tragic car accident near Dharmapuri, Tamil Nadu. T ...Read More >
Thiruvananthapuram: Education Minister V Sivankutty has once again reacted to the Central Board of Film Certification's objection to the name of the lead character in the upcoming Malayalam film Janaki vs State of Kerala, which stars Union Minister Suresh Gopi. "My name is Sivankutty... Will the censor board be coming this way?!" Sivankutty wrote on social media. Earlier, the minister had also quipped whether it is a "censor board or senseless board." CBFC had informally objected to the title and character name 'Janaki' for a rape victim, citing religious sensitivities. The Kerala High Court ...Read More >
Thiruvananthapuram, July 7 (SocialNews.XYZ) The Kerala High Court on Monday refused to intervene in the matter of the Kerala University Vice-Chancellor's decision to suspend the varsity's Registrar. Vice-Chancellor Mohanan Kunnummal suspended Registrar Dr K.S. Anil Kumar for allegedly issuing a notice cancelling a private programme, attended by Governor Rajendra V. Arlekar, at the Senate Hall, where a portrait of Bharat Mata carrying a saffron flag was displayed. Soon after the suspension order came, Kunnummel went on a foreign trip and handed over to charge to Ciza Thomas, who is currently ...Read More >
New Delhi [India], July 7 (ANI): Union Minister of Agriculture and Farmers Welfare & Rural Development, Shivraj Singh Chouhan on Monday inaugurated the 11th edition of the India Maize Summit, organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with (IIMR) Indian Institute of Maize Research. Speaking at event, Chouhan emphasized that 'Farmers' sewa is our mool mantra,' reaffirming the government's commitment to farmer-centric policies. He outlined a multi-pronged strategy to boost maize production, and increase farmer incomes, while ensuring environme ...Read More >