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.
New Delhi, Apr 1 (PTI) Leasing of industrial and warehousing spaces grew 16 per cent in January-March across 24 major cities on better demand from e-commerce players, third-party logistics firms and manufacturers, according to Savills. Real estate consultant Savills data showed that the absorption of industrial and warehousing spaces stood at 18.5 million sq ft in the first quarter of this year from 16 million sq ft in the year-ago period. Eight tier-I cities accounted for 79 per cent of this absorption, while 16 tier-II and tier-III cities contributed 21 per cent. Tier- I cities are Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, Delhi-NCR, and Pune. Tier- II and Tier-III cities include Guwahati, Bhubaneshwar, Patna, Hosur, Coimbatore, Rajpura, Lucknow, Jaipur, Nagpur, Surat, Indore, Kochi, Hubli, Vizag, Belgaum and Anantapur. The manufacturing segment has continued to be the strongest demand driver, accounting for 6.5 million sq ft (35 per cent) of total leasing in January-March 2026. This is followed by sustained demand from the 3PL segment with a 23 per cent overall contribution, while the FMCG and FMCD segments contributed 14 per cent. The e-commerce segment is gaining traction, with a contribution to overall absorption at 11 per cent, followed by the retail segment at 4 per cent. Savills said the new supply rose 39 per cent to 22.1 million sq ft in Q1 2026. Tier-I cities contributed a substantial 18.6 million sq ft (84 per cent), and Tier-II and Tier-III cities added 3.4 million sq ft (16 per cent). PTI MJH MJH BAL BAL
Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. "Large-scale illegal stone mining is taking place in the hills of Karbi Anglong in violation of the Supreme Court order. The SC had banned mining in and around K ...Read More >
New Delhi/Noida, Jun 27 (PTI) End-of-life vehicles detected at fuel stations or found parked at public places will be impounded and a penalty of Rs 10,000 imposed on four-wheeler owners and Rs 5,000 on two-wheeler owners starting July 1, officials said on Friday. EOL vehicles are diesel vehicles older than 10 years and petrol vehicles older than 15 years. Irrespective of the states they are registered in, they will not be given fuel in Delhi starting July 1, according to directions issued by the Commission for Air Quality Management (CAQM) earlier. Around 500 fuel stations in Delhi have inst ...Read More >
New Delhi, Jul 3 (PTI) The Delhi government on Thursday urged the Centre's air quality panel to immediately suspend the fuel ban on overage vehicles and said it will also make "all out efforts" to resolve issues related to restrictions on the movement of end-of-life vehicles on the city's roads. In his letter to Commission for Air Quality Management (CAQM) chairman Rajesh Verma, Environment Minister Manjinder Singh Sirsa said the fuel ban is not feasible and that it cannot be implemented due to technological challenges. The move three days after the ban came into effect in the national capit ...Read More >
Chandigarh: Haryana chief minister Nayab Singh Saini on Tuesday said the state govt was consistently working to provide better resources to the doctors and quality healthcare services to the citizens.He mentioned that medical colleges were being established in every district.While there were only six medical colleges in 2014, the number has now increased to 15, and nine new colleges are under construction. As a result, MBBS seats in the state increased from 700 in 2014 to 2,185, at present. The state govt aims to increase the MBBS seats to over 3,400 by 2029, said Saini.The CM was addressing a ...Read More >
Delhi's End-of-Life (EOL) vehicle ban takes effect on November 1 The Commission for Air Quality Management (CAQM) has decided to defer the fuel ban on end-of-life (EOL) till November 1, 2025. According to PTI sources, the panel reviewed the fuel ban and decided to delay the enforcement of this ban till November. The report states that the End-of-Life (EOL) vehicle ban will be implemented across the National Capital Region (NCR), covering Gurugram, Faridabad, Ghaziabad, Gautam Budh Nagar, and Sonipat. Delhi fuel ban: No end-of-life vehicles seizure According to PTI, CAQM has instructed the a ...Read More >
Mumbai, Jul 7 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Monday amid caution ahead of the July 9 US tariff deadline, weak trends in Asian markets and foreign fund outflows. Volatile trends engulfed markets during the early trade amid concerns surrounding the US-India trade deal, experts said. Also Read | Delhi Rains: Rainfall Disrupts Delhi-NCR Today; Traffic, Flight Operations Hit (Watch Videos). The 30-share BSE Sensex declined 170.66 points to 83,262.23 in early trade. The 50-share NSE Nifty dipped 53.75 points to 25,407.25. July 9 marks the end of the 90-day su ...Read More >
Bengaluru, Jul 9 (PTI) Realty firm Prestige Estates Projects Ltd on Wednesday reported a 4-fold jump in its sales bookings to Rs 12,126.4 crore in the first quarter of this fiscal, mainly on strong demand for its housing project in Ghaziabad. The company's sales bookings or pre-sales stood at Rs 3,029.5 crore in the year-ago period. In a regulatory filing, the Bengaluru-based company informed that it has clocked an all-time high sales bookings of Rs 12,126.4 crore during the quarter ended June 30, 2025, driven by the Delhi-NCR market, which contributed 59 per cent to total pre-sales. Presti ...Read More >
The India Meteorological Department (IMD) has issued a 'red alert' for Delhi on Thursday. Skies will remain generally cloudy, with moderate to heavy rainfall expected throughout the day. Residents should also brace for possible lightning and gusty winds ranging between 30-40 kmph, potentially reaching up to 50 kmph during heavier spells. A red alert is the highest level of weather warning, signalling extremely heavy rainfall. It indicates serious threats to life and property, with a high risk of widespread flooding, disruption of essential services, and possible evacuation orders. Showers ar ...Read More >
India's housing market is booming, with 2024 projected to be the best year yet. Over 300,000 homes worth ₹510,000 crore are expected to be sold across the top seven cities, driven by economic growth and infrastructure improvements. Sales in the first nine months already reached nearly 230,000 homes, indicating continued robust demand and rising capital values.India's housing property market continues to remain on a strong footing, with the year 2024 expected to end as the best year ever in term ...Read More >
New Delhi, Dec 26 (VOICE) India in 2024 saw a boom in employment rates, with women and youth leading the charge in workforce participation, according to a report.The report by Apna.co, a job and professional networking platform, showed women contributed an impressive 2.8 crore job applications -- 20 per cent higher than in 2023. Similarly, the youth posted a 27 per cent year-on-year increase in job applications. Women contributed an impressive 2.8 crore job applications out of a total of 7 crore, a 25 per cent year-on-year surge, in 2024. Flexible work opportunities, gender-focused initiativ ...Read More >
Mumbai, Dec 18 (PTI) Private equity and venture capital (PE/VC) funds invested USD 4 billion in November, which was 156 per cent higher than the year-ago period but lower about 15 per cent compared with the preceding month, a report said on Wednesday. The month saw 87 deals -- 47 per cent higher than the 59 transactions in November 2023, as per the report by industry lobby grouping IVCA and consultancy firm EY. "While 2024 had started off on a strong note, geopolitical tensions, uncertainty over US elections outcome, and inflation weighed on the markets, as did the bid-ask spread between sel ...Read More >
New Delhi, Jun 8 (PTI) India's 26 major listed real estate firms sold properties valuing Rs 1.62 lakh crore last fiscal, with Godrej Properties becoming largest player clocking pre-sales of nearly Rs 30,000 crore. DLF Ltd, the biggest real estate firm in terms of market capitalisation, is at the second position with record sale bookings of over Rs 21,000 crore during 2024-25, followed by Macrotech Developers (Lodha Group), Prestige Estates Projects and Signature Global. According to the data compiled from investors presentations and regulatory filings, the 26 major listed real estate compani ...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 >
New Delhi, Jun 29 (PTI) Cloud kitchens operator Curefoods India on Sunday filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 800 crore, and an offer-for-sale of 4.85 crore equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). As part of the OFS, Curefit Healthcare, Iron Pillar PCC, Crimson Winter, Accel India V, Chiratae Ventures India Fund IV, Global eCommerce Consolidation Fund and Alteria Capital Fund ...Read More >
New Delhi, June 30 (PTI) Most parts of India are likely to receive above-normal rainfall in July, the weather department said on Monday, asking authorities and people in central India, Uttarakhand and Haryana to stay alert due to the risk of flooding even as some parts of the country are facing the fury of the monsoons. In rain-induced damages in parts of Himachal Pradesh, while buildings collapsed, landslides and road blockades added worries to the woes of the people in the hill state on Monday. Also Read | Was Samruddhi Expressway Flooded After Heavy Rainfall in Maharashtra? Videos of Wate ...Read More >
New Delhi [India], July 5 (ANI): In a concerted effort to accelerate coordinated action towards abatement of air pollution in the region, the Commission for Air Quality Management in NCR and Adjoining Areas (CAQM) under the Chairmanship of Rajesh Verma, held two significant high-level review meetings on July 3. The senior officials of the Commission, along with the Chief Secretaries and senior officers of the two State Governments, Haryana and Punjab, were present at the meeting. According to the release, the review aimed to strengthen interdepartmental coordination in the two States, as men ...Read More >
New Delhi, Jul 8 (PTI) Fuel retailers' body DPDA on Tuesday hailed the central government panel's decision to defer the fuel ban on end-of-life (EOL) or overage vehicles until November 1, saying the move gives them ample time to prepare for the implementation. According to sources, Centre's panel on air quality in Delhi-NCR CAQM on Tuesday decided to put on hold the implementation of the fuel ban on end-of-life or overage vehicles in the national capital until November 1. Also Read | PM Modi in Brasilia: PM Narendra Modi Receives Grand Welcome From Brazil President Luiz Inacio Lula da Silva ...Read More >
New Delhi, Nov 28 (PTI) Coworking firm Incuspaze, which provides managed flexible office spaces to corporates, is looking to raise USD 25 million (over ₹210 crore) to expand its business across major cities before planning to launch its Initial Public Offer (IPO). Established in 2016, Incuspaze has a presence in 44 locations across 18 cities with a total portfolio of 40 lakh square feet. "We plan to add another 2 million (20 lakh) square feet in our portfolio by the end of December 2025," Incuspaze founder and CEO Sanjay Choudhary told PTI. In view of the growing demand for flexible workspa ...Read More >
New Delhi/Noida, Jun 27 (PTI) End-of-life vehicles detected at fuel stations or found parked at public places will be impounded and a penalty of Rs 10,000 imposed on four-wheeler owners and Rs 5,000 on two-wheeler owners starting July 1, officials said on Friday. EOL vehicles are diesel vehicles older than 10 years and petrol vehicles older than 15 years. Irrespective of the states they are registered in, they will not be given fuel in Delhi starting July 1, according to directions issued by the Commission for Air Quality Management (CAQM) earlier. Also Read | UK F-35B Lightning II Stealth F ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >
New Delhi, Jul 3 (PTI) The AAP on Thursday claimed that public pressure forced the BJP-led Delhi government to withdraw the controversial ban on refuelling overage vehicles, calling it a "victory of the people". In a video message on X, Delhi AAP chief Saurabh Bharadwaj said,"Congratulations to the people of Delhi. The draconian order to seize old vehicles had to be withdrawn by Delhi's BJP government. The BJP was merely using the court's order as an excuse. When people united and raised their voice, the government had to bow down. In this country, the people are supreme, and no one's tyranny ...Read More >
New Delhi, May 19 (PTI) Godrej Properties has bought 14 land parcels across major cities to build housing projects with revenue potential of about Rs 26,500 crore in the last fiscal year and will continue to acquire more land to grow its business, its Chairperson Pirojsha Godrej said. The company bought these land parcels, all outright, in Mumbai Metropolitan Region (MMR), Pune, Delhi-NCR, Bengaluru, Kolkata, Ahmedabad and Indore. In an interview with PTI, Pirojsha Godrej said, "Last financial year, we added about Rs 26,500 crore worth of new projects, as against the guidance of Rs 20,000 cr ...Read More >
New Delhi, Jun 6 (PTI) Central Consumer Protection Authority (CCPA) has directed e-commerce platforms to conduct self-audits within three months to identify and eliminate "dark patterns", deceptive design practices that mislead consumers into unintended actions. The Consumer Affairs Ministry on Saturday said all e-commerce platforms must examine their interfaces for practices that undermine consumer choice or constitute unfair trade practices. "All e-commerce platforms have been advised to conduct self-audits to identify dark patterns, within 3 months of the issue of the advisory, and take n ...Read More >
New Delhi, Jul 3 (PTI) The AAP on Thursday claimed that public pressure forced the BJP-led Delhi government to withdraw the controversial ban on refuelling overage vehicles, calling it a "victory of the people". In a video message on X, Delhi AAP chief Saurabh Bharadwaj said,"Congratulations to the people of Delhi. The draconian order to seize old vehicles had to be withdrawn by Delhi's BJP government. The BJP was merely using the court's order as an excuse. When people united and raised their voice, the government had to bow down. In this country, the people are supreme, and no one's tyranny ...Read More >
NEW DELHI: The Enforcement Directorate (ED) on Thursday announced the provisional attachment of assets worth approximately ₹131.45 crore in Spain, including a luxury yacht and immovable properties, under the Prevention of Money Laundering Act (PMLA). These assets belong to Pavel Prozorov, a Spanish national and the alleged mastermind behind the unauthorised forex trading platform OctaFX. The attached assets comprise a commercial Italian-model luxury yacht cruising in the Western Mediterranean, a minijet boat, a luxury car, and two residential properties in Spain. The ED's probe was launched ...Read More >
Mumbai, Jul 7 (PTI) Clean-label food startup Khetika on Monday said it has raised USD 18 million, or about Rs 154 crore, from a clutch of investors for expansion. Narotam Sekhsaria Family Office and Anicut Capital, along with existing investors Incofin India Progress Fund, Rajasthan Gum, and Shree Ram India Gums participated in the funding round, a statement said. The company, which aims to make preservative-free food accessible to every Indian household, plans to use the funds to fuel growth, brand building and operational expansion, the statement said, adding that it will also provide seco ...Read More >
Mumbai, Jul 7 (PTI) Clean-label food startup Khetika on Monday said it has raised USD 18 million, or about Rs 154 crore, from a clutch of investors for expansion. Narotam Sekhsaria Family Office and Anicut Capital, along with existing investors Incofin India Progress Fund, Rajasthan Gum, and Shree Ram India Gums participated in the funding round, a statement said. Also Read | Bodoland Lottery Result Today, July 07, 2025: Assam State Lottery Sambad Monday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. The company, which aims to make preservative-free food accessible to ...Read More >
New Delhi/Bengaluru, Jul 9 (PTI) Karnataka Deputy Chief Minister D K Shivakumar, who holds the irrigation portfolio, on Wednesday said that he has appealed for funds to the tune of Rs 11,122.76 crore for six irrigation projects in the state. Shivakumar met the Union Water Resources Minister, C R Patil, in Delhi. Also Read | Delhi-NCR Rains: Waterlogging and Traffic Disruptions in Several Areas As Sudden Spell of Heavy Rain Batters National Capital; IMD Issues Red Alert (Watch Video). In a statement, Shivakumar said he has requested funds for six irrigation projects, including Rs 804.66 cror ...Read More >
Cuddalore, Jul 9 (PTI) A new gatekeeper assumed charge here at the Semmankuppam manned level crossing where a train hit a van killing 3 school-going children on July 8. The new appointee, Anand Raj told reporters he has been working in the railways for the past 2 years and he has now been posted to Semmankuppam to man Level Crossing No 170, a non-interlocked, manned crossing. Also Read | Delhi-NCR Rains: Waterlogging and Traffic Disruptions in Several Areas As Sudden Spell of Heavy Rain Batters National Capital; IMD Issues Red Alert (Watch Video). "Interlocking" refers to locking the railwa ...Read More >