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.
LAHORE - The Punjab government has officially announced that all public and private schools in the province will now operate on a four-day week. The School Education Department has issued a notification in this regard, stating that that schools will remain closed on Friday, Saturday, and Sunday, with classes running from Monday to Thursday. "Pursuant to approval of the Competent Authority, it is hereby notified that all notified that all public and private schools across Punjab shall remain off on Friday until further order," read the notification. The department has also revised school timings across the province. For single-shift school, the opening and closing hours will observed from 8:00 am to 1:30 pm. In double-shift schools, the morning shift will end at 12:30 pm, while the second shift will operate from 1:00 pm to 5:30 pm.
LAHORE/SRINAGAR (Reuters) -Pakistan's eastern towns of Chiniot and Hafizabad face a risk of catastrophic floods if an irrigation barrage crumbles on a major river upstream after heavy rains swelled it beyond capacity, officials warned on Thursday. Nuclear-armed neighbours India and Pakistan are battling torrential monsoon rains that have unleashed flash floods, swelled rivers and filled dams, with 60 deaths this month in Indian Kashmir, and Pakistan's toll at 805 since late June. Any flooding blamed on India stands to inflame relations between the archfoes, embroiled in a tense stand-off sin ...Read More >
LAHORE - Punjab is again facing smog crisis, raising fears of potential school closures and early winter vacations just like last year. As Met Office issued warning about rapidly worsening smog across the province, with Lahore experiencing particularly hazardous conditions. Persistent dry weather is driving pollution levels higher, and experts predict the situation will deteriorate further in the coming days. Lahore has been named the world's most polluted city, with a dangerously high Air Quality Index (AQI). posing serious health risks. Provincial capital Lahore remains worst affected regi ...Read More >
The Election Commission of Pakistan (ECP) has formally withdrawn the schedule for Punjab's local government elections, confirming The Express Tribune's earlier report that the passage of the Punjab Local Government Act 2025 would once again derail grassroots democracy in the province. In a meeting chaired by Chief Election Commissioner (CEC) Sikandar Sultan Raja, the ECP reviewed the situation arising from the new law's enactment. Members of the commission, along with the secretary and senior o ...Read More >