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.
MUMBAI: The Bombay High Court on Wednesday asked news channel Republic TV and its editor-in-chief, Arnab Goswami, to avoid "hitting below the belt" while covering the Enforcement Directorate's (ED's) investigations into companies linked to industrialist Anil Ambani. A single-judge bench of justice Milind Jadhav orally told Goswami and Republic TV to "bring down the rhetoric" and refrain from "giving superlative taglines to news" that could be seen as attacking an individual. "Please run stories
New Delhi, Dec 4 (PTI) "On the face of it you are a corrupt person. Crores of rupees were recovered from your premises," the Supreme Court on Wednesday told former West Bengal minister Partha Chatterjee, held in an alleged cash-for-job scam in the state. A bench of Justices Surya Kant and Ujjal Bhuyan, which reserved its verdict on the bail plea of Chatterjee, questioned the enforcement directorate (ED) over his continued incarceration saying he cannot be kept inside for an indefinite period. "On the face of it you are a corrupt person. Crores of Rupees were recovered from your premises. Wha ...Read More >
Mumbai, Jan 27 (PTI) The Bombay High Court on Monday suggested Abhishek Lodha and his brother Abhinandan Lodha to try and amicably resolve the issue over the use of 'Lodha' trademark. The Abhishek Lodha-promoted Macrotech Developers Ltd earlier this month filed a suit in the HC against Abhinandan Lodha's real estate firm, House of Abhinandan Lodha, claiming the name 'Lodha' was their trademark and no one else could use it. The suit sought Rs 5,000 crore as damages from Abhinandan Lodha's company. In an interim application, Macrotech Developers sought a perpetual injunction against the defen ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Mumbai: The Bombay High Court has held that there is nothing on record to show any fraud in Maharashtra assembly elections. Dismissing a plea to declare the Maharashtra election null and void, a division bench held that the case of the petitioner appears to be "quite absurd to say the least". The court also held that the use of EVMs does not take away "free and fair elections" in any manner. Prakash Ambedkar, who appeared as a lawyer for the petitioner in the case, criticised the HC for overlooking the concerns raised in the petition. The bench of justices Girish Kulkarni and Arif Doctor dism ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
New Delhi, July 2 (SocialNews.XYZ) The State Bank of India (SBI) has decided to report the loan account of Reliance Communications as "fraud" in a case that dates back to August 2016. Reliance Communications said in an exchange filing that this disclosure is being made pursuant to the rules of the Securities and Exchange Board of India (SEBI). "This is to inform you that Company has received letter dated June 23, 2025 (received on June 30, 2025) from SBI (marked to he Company and its erstwhile director - Shri Anil Dhirajlal Ambani), inter alia, stating that SBI has decided to report the loan ...Read More >
New Delhi, Jul 3 (PTI) HDFC Bank CEO and MD Sashidhar Jagdishan on Thursday moved the Supreme Court challenging an FIR of cheating and fraud registered against him on a complaint filed by the Lilavati Kirtilal Mehta Medical Trust, which runs the prominent Lilavati Hospital in Mumbai. Senior advocate Mukul Rohatgi, appearing for Jagdishan, mentioned the matter for urgent listing before a bench of Justices M M Sundresh and K Vinod Chandran. The bench said the matter would be listed for hearing on Friday. "This is an urgent matter. I request for listing tomorrow on behalf of the HDFC bank and ...Read More >
The bench posted the matter for further hearing on August 14. ShowQuick Read Summary is AI-generated, newsroom-reviewed * The Supreme Court asked a private group to seek government permission to travel to Yemen for negotiations * Execution of Kerala nurse Nimisha Priya, convicted of murder, has been stayed in Yemen * Efforts are ongoing to persuade the victim's family to pardon Ms Priya under Shariat Law Did our AI summary help? Let us know. New Delhi: The Supreme Court on Friday asked a ...Read More >
Mumbai: The Bombay High Court has raised concern over terminally ill prisoners languishing in Maharashtra's jails and asked the state govt to consider proper implementation of an advisory on grant of medical bail or to place them in house arrest. A division bench of Justices Revati Mohite Dere and Prithviraj Chavan on Monday said they visited the Yerwada central prison in Pune on Sunday and met with prisoners, particularly women inmates, and inspected the condition there. The bench referred to a ...Read More >
Mumbai, Jun 26 (PTI) Several benches of the Bombay High Court have recused from hearing HDFC Bank CEO and MD Sashidhar Jagdishan's plea to quash an FIR of cheating and fraud registered against him on a complaint filed by the Lilavati Kirtilal Mehta Medical Trust. While some judges cited having worked with either the Trust or the lawyers appearing for it, one judge on Thursday voluntarily disclosed that he held few shares of the HDFC Bank. Senior counsel Amit Desai appearing for Jagdishan said they do not have an objection with the same but counsel Niteen Pradhan appearing for the Trust took ...Read More >
New Delhi: A 90-day nationwide mediation campaign to resolve pending disputes across courts -- from district courts to high courts -- will begin on July 1, the Supreme Court's mediation and conciliation project committee (MCPC) and the national legal services authority (NALSA) announced on Thursday. The campaign, Mediation for the Nation, will be organised under the guidance of Chief Justice of India (CJI) Bhushan R. Gavai, patron of NALSA, along with NALSA executive chairman and senior Supreme Court judge, Justice Surya Kant. A release issued by the Supreme Court said that the pan-India cam ...Read More >
New Delhi: The Supreme Court on Friday refused to entertain a plea by HDFC Bank CEO and MD Sashidhar Jagdishan challenging an FIR of cheating and fraud registered against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, which runs the prominent Lilavati Hospital in Mumbai. A bench of Justices P S Narasimha and R Mahadevan noted that the matter was already listed for hearing on July 14 before the Bombay High Court. "We are not inclined to entertain the matter. We will not apply our mind to the merits. If matter is not heard on 14th, you come back. "We hope and trust that high ...Read More >
The Supreme Court overturned a Madras High Court decision. The high court had refused to dismiss defamation charges against Union minister L Murugan. Murugan faced these charges over statements made in 2020. The Supreme Court accepted Murugan's argument. He said he did not intend to defame the Murasoli Trust. The case is now closed.The Supreme Court on Thursday quashed criminal defamation proceedings against Union minister L Murugan on a complaint filed by the Chennai-based Murasoli Trust for his ...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 >
Lucknow: A Lucknow court on Tuesday granted bail to the leader of opposition and Congress MP Rahul Gandhi after he made an appearance in a defamation case filed over his purported remarks on Army personnel. The court accepted Rahul Gandhi's bail application and released him on a personal bond of Rs 20,000 along with two sureties of the same amount.The court had earlier issued him summons on February 11, after finding a prima facie case against Gandhi. He appeared in person on Tuesday before additional chief judicial magistrate Alok Verma in compliance with the summons.The case, based on a crim ...Read More >
New Delhi: The Delhi High Court on Wednesday, May 21, rapped commentator Abhijit Iyer Mitra for his alleged defamatory and abusive social media posts against nine women journalists of media house Newslaundry and asked him to remove the posts within five hours. The court was hearing a plea by nine women journalists of Newslaundry and sought an injunction and damages of Rs 2 crore from Mitra for his "defamatory, false, malicious and unsubstantiated allegations" published on X. Mitra had posted vulgar remarks from February to May this year, addressing the women journalists as "prostitutes" and ...Read More >
KOLKATA: Candidates specified as tainted in the 2016 Bengal's School Service Commission (SSC) panel (hirings) will not be allowed to participate in a fresh school recruitment process for 35,726 vacancies, Calcutta high court held Monday and directed SSC to cancel applications by such candidates. SSC had earlier submitted a list of 'tainted candidates' before the Supreme Court.The HC bench of Justice Saugata Bhattacharyya also refused to interfere with issues of marks allotment and age relaxation in the fresh recruitment process as that would disrupt the timeline set by the apex court. The SC h ...Read More >
Guwahati, Jul 15 (PTI) Congress president Mallikarjun Kharge and Leader of Opposition in Lok Sabha Rahul Gandhi will visit Assam on Wednesday during which they will interact with party functionaries of the state. State Congress chief Gaurav Gogoi said the district, block and mandal presidents of the party will be able to present their views before its top leadership during Kharge and Gandhi's visit. Also Read | Did Lucknow Court Judge Take Selfie With Rahul Gandhi During Hearing of Indian Army 'Defamation' Case? BJP's Amit Malviya Found Fake in Fact Check. "I look forward to welcoming Shri ...Read More >
Mumbai, July 1: Recently, the Bombay High Court ordered Yes Bank to pay INR 50,000 to compensate Microfibers Pvt Ltd for delaying opening a bank account after insisting on an Aadhaar card. It is learned that the private bank insisted on an Aadhaar card despite the interim relief granted by the Supreme Court at the time. Although the private bank had complied and opened the account in January 2019, the bench of Justices MS Sonak and Jitendra Jain said that they had failed to do so between April and September 2018, a period during which Aadhaar was not mandatory. The Bombay HC made these observ ...Read More >
New Delhi: The Supreme Court on Thursday agreed to grant an urgent hearing on HDFC Bank CEO and managing director Sashidhar Jagdishan's plea challenging an FIR lodged against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, and listed the case for July 4.Senior advocate Mukul Rohatgi mentioned the case before a bench of Justices M M Sundresh and Vinod Chandran and the case has been listed before a bench of Justices P S Narasimha and R Mahadevan.Rohatgi submitted that hearing on Jagdishan's plea before the Bombay High Court was getting delayed as three judges so far recused them ...Read More >
NEW DELHI: The Supreme Court on Friday refused to entertain the plea of HDFC Bank CEO and MD Sashidhar Jagdishan seeking quashing of FIR lodged against him for cheating and fraud by Lilavati Kirtilal Mehta Medical Trust, as it noted that the Bombay High Court is scheduled to hear his plea on July 14.A bench of Justices PS Narasimha and R Mahadevan said that it hopes and trusts that the matter will be taken up on July 14 for hearing. It further observed that it was improper on the part of the Supreme Court to intervene when Jagdishan's petition was listed before the Bombay High Court on July 14 ...Read More >
New Delhi [India], July 14 (ANI): The Central government on Monday approved the transfer of six judges from various High Courts across the country to the Delhi High Court. The Ministry of Law and Justice issued formal notifications acting on recommendations made by the Supreme Court Collegium in its meeting held on May 26. Justice V. Kameswar Rao has been transferred back to the Delhi High Court from the Karnataka High Court, a year after he was moved there on his own request. Justice Rao had earlier served for over 11 years in the Delhi High Court before his transfer in May 2024. His repatri ...Read More >
Rahul Gandhi, leader of opposition and Congress MP, secured bail from a Lucknow court on Tuesday after appearing in a defamation case. The case stems from remarks made during his Bharat Jodo Yatra in 2022, concerning an alleged clash between Indian and Chinese soldiers. The court summoned Gandhi after taking cognizance of a complaint filed by a retired army official. A Lucknow court on Tuesday granted bail to leader of opposition and Congress MP Rahul Gandhi after he made an appearance in a defa ...Read More >
LUCKNOW: A Lucknow court on Tuesday granted bail to Leader of Opposition and Congress MP Rahul Gandhi after he appeared in a defamation case filed over his purported remarks on Army personnel, his lawyer said. The case relates to alleged defamatory remarks against Indian soldiers made during his Bharat Jodo Yatra in 2022, Gandhi's counsel, advocate Pranshu Agarwal, said. Following his appearance, the court released him on bail, the lawyer added. The bail was granted after Gandhi furnished a bail bond and sureties as directed by the court. Gandhi appeared in a courtroom full of lawyers. He w ...Read More >
Bengaluru: A physics lecturer from a private college in Dakshina Kannada and two of his friends have been arrested by Bengaluru police for allegedly blackmailing and raping a student.When the mental torture by the trio became intolerable, the girl narrated to her parents how she was being exploited. Subsequently, she went to Marathahalli police station along with her parents on July 5 and lodged a complaint seeking action against the perpetrators. Acting swiftly, the cops arrested the trio the following day. The accused are Narendra, a physics lecturer, Sandeep, a biology lecturer -- both work ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
Mumbai, Jul 4 (PTI) A PIL has been filed in the Bombay High Court against Italian fashion house Prada for its alleged unauthorised use of the Kolhapuri chappals, and sought compensation to be paid to Indian artisans for allegedly copying their design. Prada in its spring/summer collection showcased their 'toe-ring sandals', which the petition said are deceptively similar to the Kolhapur chappal. These sandals are priced at Rs 1 lakh per pair. "The Kolhapuri chappal is the cultural symbol of Maharashtra," the plea filed by six Pune-based lawyers said. The petition has been filed against the ...Read More >
Chief Justice of India Bhushan Gavai emphasized the importance of studying in one's mother tongue, highlighting its role in fostering conceptual understanding and strong values. During a visit to his alma mater, Chikitsak Samuh Shirodkar School, he credited his teachers and the school for shaping his life and career. Chief Justice of India (CJI) Bhushan Gavai on Sunday stated that studying in one's mother tongue enhances conceptual understanding and instils strong values for life, as he reminisc ...Read More >
Lucknow, Jul 15 (PTI) A Lucknow court on Tuesday granted bail to leader of opposition and Congress MP Rahul Gandhi after he made an appearance in a defamation case filed over his purported remarks on Army personnel, his lawyer said. The case relates to alleged defamatory remarks against Indian soldiers made during his Bharat Jodo Yatra in 2022, his counsel advocate Pranshu Agarwal said. Following his appearance, the court released him on bail, the lawyer added. The bail was effected after Gandhi furnished a bail bond and sureties as directed by the court. Gandhi appeared in a courtroom ful ...Read More >
MUMBAI: The Bombay High Court on Tuesday dismissed several petitions challenging the decision of the Maharashtra government to set up a memorial to Shiv Sena founder Bal Thackeray on the site of the old Mayor's bungalow at Shivaji Park, Dadar. The government had decided to erect a memorial - the Balasaheb Thackeray Rashtriya Smarak Memorial - in honour of Thackeray in view of his contributions to the political landscape of the state, particularly in Mumbai. Accordingly, a committee was set up in December 2014 to scout for land for the memorial, generate funds and make recommendations for the ...Read More >