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.
Gurugram: Gurugram police arrested five key operatives of a major international cyber fraud network with links to the Philippines and Cambodia. The accused, arrested during raids at Gurugram's U-Block and Chakarpur localities, ran a sophisticated SIM box-based racket used for digital arrest scams. They operated a transnational syndicate that bypassed India's telecom systems to route fraudulent calls and extort victims. Addressing mediapersons, Gurugram Police DCP East Gaurav Rajpurohit said, "The SIT conducted raids at several locations in Gurugram, including U-Block and Chakkarpur. During the raids, the police teams recovered 15 SIM boxes, 504 SIM cards, seven Wi-Fi routers, seven TAPO cameras, 29 Wi-Fi switches, 30 batteries, and other technical equipment. The devices were used to divert calls via the internet and defraud people through fake calls." The accused have been identified as Rahul Kumar, a resident of Kasganj, Yash Amrit Singh Dugar of Ahmedabad, Bhavika Bhagchandani of Kutch, Litesh, and Sagar of Maharashtra. Investigations revealed that the accused were in contact with their handlers in the Philippines and Cambodia and brought equipment to India via the Nepal-Bihar route, Rajpurohit said. According to investigators, the group played distinct roles in setting up infrastructure, managing communications, and handling financial transactions.
Hyderabad, Dec 18 (Maxim News): The Cyberabad Police, in collaboration with the Society for Cyberabad Security Council (SCSC), launched a significant awareness initiative under the project P.R.O.T.E.C.T. (Preventing Risks Online Through Education, Collaboration, and Training) on December 17, 2024, at the Cyberabad CP Office Main Conference Hall. Click Here To Join Us On WhatsApp Cyberabad CP Avinash Mohanty said & quot; Cybercrime has become one of the fastest-growing challenges in our society today, and it is a privilege for all of us to gather here to discuss solutions. Every year, cyber c ...Read More >
New Delhi, Dec 14 (IANS) The Unified Payments Interface (UPI) has achieved 15,547 crore transactions worth Rs 223 lakh crore from January to November this year, 'showcasing its transformative impact on financial transactions' in India, the Finance Ministry said on Saturday. The Finance Ministry also said that UPI is now accepted in seven countries including France, UAE, Singapore, Sri Lanka, Mauritius, Bhutan and Nepal. The UPI system provides a cheaper and quicker alternative to the available channels of cross-border remittances. UPI has succeeded in increasing financial inclusion and promot ...Read More >
New Delhi, Jun 27 (PTI) The total number of telecom subscribers in India grew marginally to 120.7 crore in May with Reliance Jio and Bharti Airtel adding over 99 per cent new customers during the month, according to data published by sector regulator Trai on Friday. The total net subscriber addition by telecom service providers was 43,58,231 while Reliance Jio and Bharti Airtel jointly added 43,51,294, thereby accounting for 99.84 of the total net subscriber addition in May. The overall growth in subscriber base was mitigated by loss of subscribers by debt-ridden Vodafone Idea (Vi) and publi ...Read More >
Agartala (Tripura) [India], June 29 (ANI): Tripura Chief Minister Dr. Manik Saha on Saturday said that people need to be made more aware of combating cybercrime and that criminal activities should be prevented using the internet. 'Cybercrime is in such a place that it is like fighting with shadows. For this, there is a need to be more technically skilled. Along with this, people need to be more aware and alert about cybercrime. The police system should be further developed and strengthened in line with crime. And the reputation of Tripura Police should be kept intact,' he said. Chief Ministe ...Read More >
Dhalai (Tripura) [India], June 29 (ANI): In a significant step towards environmental sustainability, Tripura Chief Minister Manik Saha on Sunday inaugurated a state-of-the-art Plastic Waste Segregation Centre, named Clean and Green Earth Park, at Ganganagar in the Dhalai district. The facility aims to boost the state's waste management efforts by ensuring scientific segregation and recycling of plastic waste. Addressing the gathering, Chief Minister Saha emphasised the importance of collective responsibility in combating plastic pollution and reaffirmed the state government's commitment to a ...Read More >
Chandigarh (Haryana) [India], July 13 (ANI): The Haryana government on Saturday ordered the temporary suspension of mobile internet and bulk SMS services in Nuh district amid apprehensions of communal tension and public disorder. According to an official order issued by the Department of Home Affairs under Section 20 of the Telecommunications Act, 2023 and Rule 3 of the Telecommunications (Temporary Suspension of Services) Rules, 2024, the suspension will remain in effect from 9:00 PM on July 13, 2025, to 9:00 PM on July 14, 2025. Also Read | Bihar Assembly Elections 2025: Prashant Kishor Sl ...Read More >
New Delhi [India], December 4 (ANI): The Central Bureau of Investigation (CBI) on Wednesday conducted searches at 10 locations in Delhi and surrounding areas in connection with an on-going investigation of a transnational cyber enabled fraud case involving large-scale financial scams. CBI registered the said case under Sections 403 and 420 of the Indian Penal Code and Section 66D of the Information Technology Act, 2000, based on a written complaint received from the Indian Cyber Crime Coordination Centre (I4C), Ministry of Home Affairs, Government of India. The complaint alleged that unknown ...Read More >
New Delhi, Jun 27 (PTI) The total number of telecom subscribers in India grew marginally to 120.7 crore in May with Reliance Jio and Bharti Airtel adding over 99 per cent new customers during the month, according to data published by sector regulator Trai on Friday. The total net subscriber addition by telecom service providers was 43,58,231 while Reliance Jio and Bharti Airtel jointly added 43,51,294, thereby accounting for 99.84 of the total net subscriber addition in May. Also Read | Bodoland Lottery Result Today, June 27, 2025: Assam State Lottery Sambad Friday Lucky Draw Results Declare ...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 >
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 >
New Delhi: Central Bureau of Investigation (CBI) dismantled a sophisticated tech support scam syndicate operating from Noida, targeting citizens of the United Kingdom and Australia. As part of its ongoing Operation Chakra-V, CBI conducted coordinated searches at three locations in Noida, including a fully functional fraudulent call centre in the Noida Special Economic Zone, on July 7.Acting on credible intelligence, CBI registered a case to investigate the syndicate, which posed as technical support staff of reputed multinational companies, including Microsoft. The fraudsters were cheating for ...Read More >
NEW DELHI -- NEW DELHI (AP) -- Tesla Inc. opened its first showroom in India on Tuesday, marking the electric vehicle maker's long-anticipated debut in the world's third-biggest automotive market. Located in the Bandra-Kurla Complex, an upscale business center in the financial capital Mumbai, the showroom will serve as Tesla's flagship retail and experience outlet as the company introduces its EV lineup to Indian customers. Tesla's entry to India comes after years of delays and policy friction, marking a pivotal expansion in a fast-growing consumer base while global sales are plunging and th ...Read More >
New Delhi [India], December 4 (ANI): The Enforcement Directorate (ED) seized cryptocurrency worth Rs 1.36 crore (USDT) from private wallets, along with unexplained cash amounting to Rs 47 lakh, during an investigation into a major money laundering case. The case pertains to cyber fraud involving illegal proceeds of approximately Rs 640 crore, generated through betting, gambling, part-time job scams, and phishing operations. The ED also recovered various incriminating documents linked to the fraud during its crackdown. Also Read | Banking Laws (Amendment) Bill, 2024 Set To Boost Consumer Expe ...Read More >
NEW DELHI (AP) -- India has granted a key license to Elon Musk's Starlink, bringing the satellite provider a step closer to launching its commercial internet services in the country, a top Indian government official said on Friday. "Yes. License has been granted," said the official with direct knowledge of the matter at the department of telecommunications. The official declined to be identified because the information isn't public. ...Read More >
Imphal (Manipur) [India], June 8 (ANI): The district magistrates of Imphal West, Imphal East, Thoubal, Kakching, and Bishnupur districts have issued prohibitory orders on Sunday. Citizens have been requested to cooperate with the orders, which include restrictions on gatherings. The assembly of four or more persons has been restricted in Imphal West, Imphal East, Thoubal, and Kakching districts. The orders have been issued in view of prevailing law and order situation. Also Read | Indian Citizen Dies in UAE: Civil Engineer Issac Paul Olakkengil From Kerala Dies During Scuba Diving Session at ...Read More >
Mumbai, Jun 28 (PTI) A 70-year-old doctor was cheated by cyber criminals of Rs 3 crore and kept under "digital arrest" for eight days after being accused of involvement in a non-existent money laundering scam, a Mumbai police official said on Saturday. In the month of May, the victim got a call from a person identifying himself as telecom department staffer Amit Kumar, who told her a SIM card had been bought with her personal details for use in criminal activities. "She then got a call from another person who identified himself as Crime Branch officer Samadhan Pawar. He told the victim that ...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 >
The victim, who originally hails from Delhi and is currently residing in the Kharadi, had created a profile on the matrimony site seeking a prospective bridegroom. In 2023, she received a message claiming to be Dr Rohit Oberoi, an Australian citizen of Indian origin. Over time, the duo developed a close relationship. The accused visited her in Pune and other cities in India, further gaining her trust. The victim had previously received ₹5 crore as alimony after a divorce and was planning to st ...Read More >
New Delhi, Jul 1 (PTI) Union telecom minister Jyotiraditya Scindia unleashed a string of data, ranging from BSNL's consecutive profit after 18 years to connecting over 2 lakh gram panchayats with broadband, on social media platform X to counter claims of Congress President Mallikarjun Kharge on the Digital India programme. Scindia suggested to Kharge to go check on the web for telecom scams in India which will show activities related to the UPA regime while the present regime is recognised with leadership in technology. Also Read | India Developing Its Own Bunker-Buster Missile? Reports Say ...Read More >
New Delhi, July 9, 2025 -- As Indians gear up for Prime Day 2025, a new report by McAfee highlights growing consumer concern over AI-driven scams. According to McAfee's 2025 Global Prime Day Scams Study, 71% of Indian shoppers are worried about falling prey to AI-generated frauds during major retail events, with cybercriminals using increasingly sophisticated methods to exploit online buyers. McAfee Labs uncovered over 36,000 fake Amazon websites and 75,000 Amazon impersonation scam texts in the lead-up to Prime Day. These scams include deepfake influencer videos, fake order confirmations, de ...Read More >
Manipur Starlink: The forensic reports are being tallied by the state and the Centre A Starlink dish and router recovered by the security forces from insurgents in Manipur are non-functional and incompatible in the state bordering Myanmar, sources in the central intelligence agencies have said based on their investigation. "The devices had definitive markings of Starlink, but when we got it examined, we came to know that it is not compatible in this region," a senior officer told NDTV, requesting anonymity. The army handed over the device to the Department of Telecommunications and the Mini ...Read More >
Agartala: Tripura Chief Minister Dr. Manik Saha on Saturday said that people need to be made more aware of combating cybercrime and that criminal activities should be prevented using the internet. "Cybercrime is in such a place that it is like fighting with shadows. For this, there is a need to be more technically skilled. Along with this, people need to be more aware and alert about cybercrime. The police system should be further developed and strengthened in line with crime. And the reputation of Tripura Police should be kept intact," he said. Chief Minister Saha said this after inaugurati ...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 >
NEW DELHI: The Delhi high court on Thursday dismissed Bollywood actor Jacqueline Fernandez's petition seeking to quash the money laundering case filed against her by the Enforcement Directorate (ED) in connection with alleged gifts received from conman Sukesh Chandrashekhar. Chandrasekhar and his wife Leena Paulose were arrested and are also accused under the MCOCA.The court, after hearing arguments from both sides, declined to interfere in the ongoing trial proceedings. Justice Anish Dayal pronounced the order, while the detailed judgment will be uploaded in due course.Jacqueline Fernandez ha ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >
Babydoll Archi's sudden spike in fame has now led to a new twist -- questions about whether she's even real.Source : Instagram/ishtaraamira Archita Phukan, popularly known as Babydoll Archi, has taken over Instagram and social media timelines with her eye-catching reels and glamorous pictures. Known for her bold fashion choices and confident online presence, she has racked up over 750K followers on Instagram. However, her sudden spike in fame has now led to a new twist -- questions about whether ...Read More >
NEW DELHI: In a dramatic turn of events, Canadian PM Mark Carney called PM Modi and invited him for the G7 summit that begins eight days from now at Kananaskis in Alberta. Modi accepted the invitation and said he was looking forward to meeting him at the summit.The announcement by Modi on X followed almost a week of suspense over his participation because of a lack of invitation, drawing barbs from the opposition about his possible exclusion from the summit. India is not a member of G7 but Modi has been invited for all summits since 2019. Modi congratulated Carney on his poll win and thanked h ...Read More >
New Delhi: Megastar Amitabh Bachchan's viral cybercrime awareness caller tune, part of the Central Government's campaign to spread awareness about rising cases of cybercrime and fraud, has been discontinued as the campaign officially ends this Thursday. According to NDTV reports, the government has decided to withdraw the pre-recorded message -- which played each time a user made a phone call starting today. The megastar had lent his voice to the initiative aimed at educating the public about digital safety. The caller tune, which played before calls connected, featured Big B advising listen ...Read More >
The Central Bureau of Investigation has uncovered a massive cyber fraud operation. It involves 8.5 lakh mule accounts across India. These accounts are used to launder money from digital scams. The CBI conducted raids and arrested nine suspects. These include middlemen and bank officials. The investigation revealed lapses in KYC norms.The CBI has detected 8.50 lakh mule bank accounts in over 700 branches nationwide which are being used by cyber criminals to launder proceeds from scams involving di ...Read More >
Agartala (Tripura) [India], June 29 (ANI): Tripura Chief Minister Dr. Manik Saha on Saturday said that people need to be made more aware of combating cybercrime and that criminal activities should be prevented using the internet. "Cybercrime is in such a place that it is like fighting with shadows. For this, there is a need to be more technically skilled. Along with this, people need to be more aware and alert about cybercrime. The police system should be further developed and strengthened in line with crime. And the reputation of Tripura Police should be kept intact," he said. Also Read | B ...Read More >