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.
Shimla (Himachal Pradesh) [India], April 1 (ANI): The Himachal Pradesh High Court has declared that any delimitation of Gram Panchayats carried out without adherence to statutory procedures is "patently illegal", issuing key directions ahead of the upcoming panchayat elections in the state. A Division Bench comprising Justice Vivek Singh Thakur and Justice Ranjan Sharma disposed of a batch of petitions, including Mahila Mandal of Village Umri vs State of HP, and stressed strict compliance with the Himachal Pradesh Panchayati Raj Act and Rules, 1994. Also Read | PM Narendra Modi Chairs Cabinet Committee on Security Meet To Safeguard India From West Asia War Fallout. The Bench underscored that the process of creation, bifurcation and delimitation of Panchayats must follow a two-step mechanism. While the state government is responsible for reorganisation under Section 3 of the Act, the concerned Deputy Commissioner must undertake delimitation of territorial constituencies under Section 124. Emphasising the mandatory nature of the procedure, the court observed that the use of the word "shall" in the Election Rules reflects binding legislative intent. Also Read | Census 2027: PM Narendra Modi Completes Self-Enumeration for Census; Urges Citizens To Participate in India's First Digital Count (See Pics). It reiterated that Rule 5 requires a seven-day notice period after publication of a delimitation proposal, Rule 6 provides seven days for disposal of objections by the Deputy Commissioner, and Rule 10 allows a ten-day window for appeal before the Divisional Commissioner, who must decide within 15 days. The court ruled that any delimitation exercise carried out after February 13 without following these procedures will not be valid for the forthcoming elections. In such cases, elections are to be conducted based on Panchayat boundaries and status as they existed during the previous election cycle. Clarifying further, the Bench stated that even where Panchayat reorganisation is otherwise valid, failure to comply with delimitation norms would defer its implementation to the next election cycle. Only those reorganisations notified before February 13 and completed in accordance with the rules will be considered for the current election roster. Taking note of the urgency of the election schedule, the court directed the state government to finalise and publish the election roster by April 7. It also ordered that the entire election process be completed within the timeline laid down by the Supreme Court in the Principal Secretary vs. Dikken Kumar Thakur case. The Bench, however, kept certain issues relating to the validity of specific reorganisations open for future adjudication. (ANI) (The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)
IMPHAL, Nov 17: The NPP on Sunday withdrew support from the BJP-led Government in Manipur, even as violence continued to rock the state as offices of the Congress and the saffron party were ransacked in the hill district of Jiribam where an unidentified body was found earlier in the day, officials said. Follow the Daily Excelsior channel on WhatsApp A BJP MLA's ancestral house was vandalised in Imphal Valley while a building owned by Ashab Uddin, the Independent legislator of Jiribam, was ransacked, officials said. The incidents occurred a day after irate mobs set fire to the residences of ...Read More >
Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...Read More >
Story so far: India celebrated its 75th year of adoption of its Constitution on Tuesday (November 26, 2024) with President Droupadi Murmu addressing a joint session of parliament. While the Constitution of India hits its diamond jubilee this year, event commemorating is as 'Constitution Day' was started only in 2015. Prior to this, it was called 'National Law Day' -- first initiated by former Supreme Court Bar Association (SCBA) president Laxmi Mall Singhvi in 1979. "The Indian Constitution is a live, progressive document," said Ms. Murmu adding, "I urge all citizens to imbibe the constitutio ...Read More >
Congress MP Ranjeet Ranjan has called for the replacement of Electronic Voting Machines (EVMs) with ballot papers, citing concerns over the legitimacy of election results. Ranjan raised doubts about the EVM's accuracy, suggesting that the results may be influenced and advocating for a ballot paper system like many other countries. Congress President Mallikarjun Kharge also echoed similar sentiments, accusing EVMs of wasting votes from marginalized communities. This comes after the Congress' defeat in the Maharashtra Assembly election. The Supreme Court, however, dismissed a petition seeking th ...Read More >
Panaji (Goa) [India], November 27 (ANI): Filmmaker Madhur Bhandarkar, known for his films with gripping storylines, shared his experience of being part of the 55th International Film Festival of India (IFFI) and discussed his upcoming project, Wives of Bollywood. Speaking with ANI, he said, "I am very happy to be here. I have been attending for almost 20 or 22 years. I have been involved in various capacities -- sometimes as part of the standing committee, sometimes as a jury member, and sometimes as the chairman. It's a place where filmmakers from all over the world, as well as different sta ...Read More >
Bhubaneswar: The Winter Session of the Odisha Legislative Assembly on Tuesday witnessed intense discussions on Tuesday over delays in drinking water projects, with senior BJD MLA Badri Narayan Patra making a striking admission. During the Question Hour, Patra attributed the party's setbacks in the 2024 Assembly elections to voter dissatisfaction stemming from unfulfilled promises regarding drinking water infrastructure. "I have personally experienced voters' anger over the non-completion of promised projects before the elections. Candidates who narrowly lost felt the brunt of this frustration ...Read More >
Mumbai (Maharashtra) [India], December 4 (ANI): BJP leader Devendra Fadnavis, Shiv Sena chief Eknath Shinde and NCP chief Ajit Pawar on Wednesday met Governor CP Radhakrishnan to stake claim to form the Mahayuti government. BJP's Central Observers for the state, Union Minister Nirmala Sitharaman and Vijay Rupani were also present at the meet. Also Read | Stock Market Today: Indian Stock Market Ends in Green, All Eyes on RBI's MPC Decision on Repo Rate. Fadnavis is scheduled to take oath as the Chief Minister on December 5 after being unanimously chosen as Leader of Maharashtra BJP Legislati ...Read More >
In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...Read More >
Bhubaneswar, Dec 3 (PTI) Odisha MLAs across party lines on Tuesday demanded an increase in their salaries and enhanced pensions for former lawmakers. The issue was raised during Zero Hour by Opposition chief whip Pramila Mallik, supported by members from both Congress and BJP. Mallik emphasised the need to increase the pension of former MLAs, saying they were struggling to manage due to rising market prices and medical expenses. She pointed out that a committee formed by the previous government had already submitted a report recommending an increase in the salary of MLAs to Rs 2.5 lakh per ...Read More >
Bhubaneswar: Opposition BJD and Congress MLAs Tuesday staged a walkout from the Odisha assembly, accusing the ruling BJP of failing to control prices of essential commodities and resolve the potato crisis in the state. The issues were debated in the House over the admissibility of an adjournment motion moved by the Opposition on price rise of vegetables, pulses, edible oil and fuel. The opposition members took exception to comments made by Food Supplies and Consumer Welfare Minister K C Patra that adverse climate conditions, rates in international and domestic markets, and less production by ...Read More >
Traffic Diversions for oath-taking: The swearing-in ceremony of the new Maharashtra Chief Minister will be held at Azad Maidan in South Mumbai tomorrow, December 5. Mumbai Traffic Police has issued an advisory in view of the event. The traffic diversions will remain in place from 12 PM tomorrow till the end of the programme. Devendra Fadnavis was on Wednesday unanimously elected as Maharashtra BJP legislature party's leader, paving the way for his swearing-in as the chief minister for a third time. Prime Minister Narendra Modi and other BJP leaders are set to attend the grand swearing-in cerem ...Read More >
Hyderabad, December 4: After an earthquake of 5.3 magnitude hit the Mulugu district of Telangana on Wednesday morning, Dr Prakash Kumar, Director of CSIR-NGRI said that the state capital is generally considered as a stable and low-risk area for seismic activity, making an earthquake of this magnitude rare for the region. The official said that since Hyderabad is not in a major seismic zone, such an event may not pose immediate cause for alarm, but it is still valuable to monitor the scientific background behind it. Earthquake in Telangana: Quake of Magnitude 5.3 on Richter Scale Hits Mulugu, ...Read More >
Gurdaspur (Punjab) [India], December 4 (ANI): Jasmeet Kaur, wife of Narain Singh Chaura, who attempted to assassinate Sukhbir Singh Badal, condemned her husband's actions on Wednesday. She stated that her husband had informed her he was attending a "death anniversary programme" in Amritsar. "I didn't know what had happened until reporters came knocking at my door. Earlier, he had been lodged in jails in Amritsar, Ludhiana, and Gurdaspur," Kaur told reporters. "I don't think what he did was right," Kaur added. Narain Singh Chaura opened fire at Shiromani Akali Dal (SAD) leader Sukhbir Singh ...Read More >
ess than 24 hours after he asserted in Nigeria's Abuja that stepping out of the comfort zone, innovating and creating new paths has now become the very essence of today's India, Prime Minister Narendra Modi on Monday told the gathering of world's most influential leaders converged in Rio de Janeiro for the G20 Summit that the main reason for India's success lies in his government's 'back to basics' and 'march to the future' approach. Addressing the G20 session on 'Social Inclusion and the Fight Against Hunger and Poverty' at the bayside museum of modern art during the two-day 19th G20 Summit, ...Read More >
India Quality Conclave 2024: Driving Excellence in Quality Management Presto Group proudly presents the India Quality Conclave 2024, set to take place on November 30 at Crowne Plaza, New Delhi. This transformative event will bring together industry leaders from packaging, FMCG, pharmaceuticals, and other sectors to discuss cutting-edge quality improvement practices. Key highlights include strategies for cost reduction, boosting QC team productivity, and ensuring hassle-free audits. Attendees will benefit from keynote speeches, case studies, panel discussions, and a special book launch, Per ...Read More >
Newborn reunited with mother in Karnataka, three child lifters held Bengaluru: Karnataka Police reunited a one-day-old male baby with his mother in the Gulbarga Institute of Medical Sciences (GIMS) in Karnataka's Kalaburagi after arresting three child lifters. According to police, the accused women, posing as nurses, had taken the child from his mother in the hospital on the pretext of conducting a blood test and sold him for Rs 50,000 on Tuesday. The accused were identified as Umera, Nasreen and Fathima. The rescued baby was under treatment at the Special Newborn Care Unit (SNCU) at the G ...Read More >
The Maha Vikas Aghadi (MVA) coalition is now gearing up for a national protest after losing Maharashtra state elections. The Maha Vikas Aghadi (MVA) coalition, which suffered a crushing defeat in last week's Maharashtra state elections, is now gearing up for a national protest against the credibility of Electronic Voting Machines (EVMs), which it blames for its loss. The MVA, led by the Congress, Shiv Sena (Uddhav Thackeray faction), and the Nationalist Congress Party (NCP) (led by Sharad Pawar), is planning to challenge the use of EVMs in court and demand a return to ballot paper voting. Fo ...Read More >
Noida: Police on Tuesday arrested more than 160 protesting farmers, including the president of Bharatiya Kisan Parishad Sukhbir Yadav 'Khalifa', who were holding a sit-in at the 'Dalit Prerna Sthal' in Noida after their march to Delhi on land compensation and other demands was stopped a day earlier. The protesters, who had gathered in Gautam Buddh Nagar from different parts of Uttar Pradesh on Monday on the call of Samyukta Kisan Morcha (SKM), had threatened to resume their march to the national capital if their demands were not met within a week. Condemning the police action, the SKM said it ...Read More >
New Delhi [India], November 26 (ANI): The Supreme Court dismissed a public interest litigation (PIL) petition on Tuesday seeking the reintroduction of the physical paper ballot voting system in elections in India. A bench of Justices Vikram Nath and PB Varale dismissed the plea filed by evangelist KA Paul seeking physical ballot voting in India. During the hearing, the petitioner said that even leaders like Chandrababu Naidu and YS Jagan Mohan Reddy had questioned Electronic Voting Machine (EVM) tampering. To this the bench said what happens is, if you win the elections, EVMs are not tamper ...Read More >
New Delhi [India], November 28 (ANI): India has expressed its concern over the escalating incidents of violence against Hindu minorities in Bangladesh and desecration, and damage to their places of worship, and has also called on the interim government there to ensure the safety of minorities. In a response to question asked by RJD MP AD Singh, Minister of State for Ministry of External Affairs, Kirit Vardhan Singh in a written reply to Rajya Sabha, stated that the "primary responsibility" for the protection of life and liberty of all citizens of Bangladesh, including minorities, "rests with ...Read More >
NEW DELHI: The Uttar Pradesh administration has imposed restrictions on the entry of outsiders into violence-hit Sambhal until December 10, with officials urging leader of opposition in Lok Sabha, Rahul Gandhi to reconsider his planned visit on Wednesday. Moradabad divisional commissioner Aunjaneya Kumar Singh said there is a need for calm in the region, and that "any provocation could escalate the situation" in the district. "The situation in Sambhal is normal right now, but tensions persist," Singh said. "The District Magistrate has banned the entry of people from outside until 10 December ...Read More >
Itanagar, Dec 5 (PTI) The Arunachal Pradesh government has inked a memorandum of agreement (MoA) with the Indian Army for the maintenance and upkeep of the Major Ralengnao Bob Khathing Museum of Valour in Tawang district. The memorandum was signed by Tawang Deputy Commissioner Kangki Darang and Brigadier VS Rajput of the 190 Mountain Brigade on Wednesday in the presence of Chief Minister Pema Khandu. With this agreement, the museum will be effectively managed solely by the Indian Army, an official statement said here on Thursday. On the occasion, Khandu paid tributes to Sardar Vallabhbhai P ...Read More >
Bhubaneswar (Odisha) [India], December 3 (ANI): Producer Ektaa R Kapoor on Tuesday met with Odisha Chief Minister Charan Majhi in Bhubaneshwar. Visuals from the meeting surfaced online in which CM Mohan Charan Majhi and Ektaa could be seen exchanging warm pleasantries. Also Read | 'The Sabarmati Report': Union Home Minister Amit Shah Praises Vikrant Massey Starrer for Revealing the Truth Behind Godhra (View Post). Ektaa also visited Lingaraja Temple and offered prayers there. Notably, on Monday, Ektaa along with the team of 'The Sabarmati Report' attended a special screening of the film wi ...Read More >
Mumbai, Dec 5 (PTI) BJP legislature party leader Devendra Fadnavis will be sworn-in as the new chief minister of Maharashtra on Thursday evening at a grand ceremony here to be attended by Prime Minister Narendra Modi and several other dignitaries. Fadnavis, who would be occupying the CM's post for the third time, along with two deputy chief ministers will take the oath of office, BJP leader Sudhir Mungantiwar told reporters, adding that other members of the cabinet will take oath later. Nationalist Congress Party chief Ajit Pawar and Shiv Sena chief Eknath Shinde are expected to take oath as ...Read More >
New Delhi, November 26: Prime Minister Narendra Modi on Tuesday said that the government at the Centre has strengthened the spirit of the Constitution over the last 10 years. Addressing the Constitution Day celebrations at the Supreme Court, PM Modi highlighted that in the last 10 years, more than 53 crore bank accounts were opened, more than 4 crore pukka houses were given and more than 10 crore free gas connections were given. "In the last 5-6 years, by providing tap water facilities in more than 12 crore houses, the government made the lives of citizens easy, particularly of women," he sai ...Read More >
Srinagar (Jammu and Kashmir) [India], December 2 (ANI): Jammu and Kashmir National Conference (JKNC) President Farooq Abdullah claimed that Muslims are feeling unsafe and stated that there is no discrimination based on religion, as guaranteed by the Constitution. The former Chief Minister of Jammu and Kashmir also said that the government should treat Muslims without any discrimination. "...There is no doubt that Muslims are feeling unsafe. I will ask the govt of India to stop that. 24 crore Muslims cannot be thrown into the ocean. They (the govt) should treat Muslims equally, there is no di ...Read More >
Mumbai, Dec 3 (PTI) Maharashtra's caretaker Chief Minister Eknath Shinde on Tuesday visited a private hospital in Thane for a "check-up," two days before a new CM is sworn in at an open ground ceremony in south Mumbai. Even as it is not known yet who would take oath as chief minister at Azad Maidan on the evening of December 5, preparations are in full swing for the ceremony, to be attended by Prime Minister Narendra Modi, about 2,000 VVIPs and some 40,000 supporters. Shinde, who had been staying at his private residence in Thane for the last few days, visited the hospital in the morning. "I ...Read More >
Sambhal (Uttar Pradesh) [India], December 3 (ANI): Sambhal District Magistrate Rajendra Pensiya on Tuesday wrote to the officers of neighbouring districts--Bulandshahr, Amroha, Ghaziabad, and Gautam Buddha Nagar--requesting them to stop Lok Sabha Leader of Opposition Rahul Gandhi at their district borders. The Sambhal DM addressed the letter to the Police Commissioners of Gautam Buddha Nagar and Ghaziabad, along with the Superintendents of Police (SP) of Amroha and Bulandshahr. "On November 24, a remaining survey was conducted, following which members of the Muslim community staged massive p ...Read More >
Defying pollsters, exit polls, and predictions, the BJP scored a hat trick in Haryana, albeit with a narrow lead in the recent Assembly election. It formed a government on its own sans any ally, and Chief Minister Nayab Singh Saini assumed office for a second consecutive term with relative ease. But the euphoria did not last long. In the first Assembly session convened after the new government took over, the opposition, led by the Congress and the electorally diminished Indian National Lok Dal, attacked the government on the issue of fertilizer shortages in the sowing season. The government d ...Read More >
In a big win for the Uttar Pradesh government, the Supreme Court on Tuesday upheld the validity of land acquisition initiated by Yamuna Expressway Industrial Development Authority (YEIDA) for the integrated development of the Yamuna Expressway and its adjoining areas in Gautam Budh Nagar. Rejecting a batch of appeals and the cross-appeals filed by the landowners and YEIDA, a Bench comprising Justices B.R. Gavai and Sandeep Mehta said that the objective of the acquisition was to integrate land development with the Yamuna Expressway's construction, thereby promoting overall growth and serving t ...Read More >