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.
Hyderabad: In a major crackdown, a gang involved in the illegal supply of Indian SIM cards to cybercrime networks operating out of Cambodia has been busted in Telangana. Five persons have been arrested for the crime, the Telangana Cyber Security Bureau (TGCSB) officials said on Wednesday. The gang had allegedly smuggled over 600 SIM cards to foreign countries since 2023, they said. According to TGCSB Director Shikha Goel, the prime accused, Rizwan (29), was arrested from Uttar Pradesh. The other accused, Syed Ashraf Ali (30), Syed Sohail (32) and Atiq Ahmed (28) were nabbed from Hyderabad, while Nune Ashok (29) was arrested from Hanamkonda in Telangana. The racket was busted after Ashraf Ali, a resident of Chandrayangutta, was intercepted at Rajiv Gandhi International Airport in Shamshabad on March 31. Security personnel found 198 SIM cards in his possession while he was preparing to board a flight to Cambodia. During interrogation, he confessed to transporting the SIM cards at the instructions of Rizwan. Investigations revealed that Ashraf had first met Rizwan in Dubai in 2023, where he was lured with promises of hefty commission. He then began sourcing SIM cards through local agents operating Point of Sale centres, including Sohail, Atiq, and Ashok. These agents allegedly procured SIM cards using Aadhaar details and documents of unsuspecting individuals.
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 >
New Delhi: Probing an organised cybercrime network involving the use of over 20,000 illegally procured SIM cards, CBI conducted raids in Delhi, Noida and Chandigarh over the weekend and discovered a 'phishing factory' that was using SIM boxes -- devices that can hold hundreds of SIMs cards, disguise international calls and bypass telecom rules -- to dupe thousands of people.Three suspects -- Sonveer Singh, Maneesh Upreti and Himalaya -- have been arrested in connection with the case.TOI had repor ...Read More >
Bengaluru, Dec 16 (PTI) A 57-year-old woman fell prey to an alleged "digital arrest" scam and lost over Rs 2.05 crore to cybercriminals, who posed as law enforcement officials, police said on Tuesday. 'Digital arrest' is a form of cyber fraud where fraudsters pose as law enforcement officers and threaten people through audio or video calls, forcing them to transfer money online. The woman was also coerced into selling multiple properties and taking bank loans to meet the fraudsters' demands, they said. The offence is said to have occurred between June 19 and November 27, police said. Accor ...Read More >
Hyderabad: The Telangana Excise Department on Tuesday, March 31, seized 71 bottles of non-duty paid liquor worth Rs 1.4 lakh, which were brought from Goa and Delhi to Hyderabad. The bottles were seized during vehicle checking at Pahadi Shareef by Special Task Force teams. The seized liquor bottle was handed over to the Meerpet Excise Station. Non-duty paid liquor is alcohol transported, sold or consumed within a state without paying the mandatory local excise duty and Value Added Tax (VAT). It is often brought from states with lower taxes or duty-free shops, making it cheaper and creating si ...Read More >
During the investigation, police uncovered a well-organised network operating across multiple states with links to international cyber fraud syndicates, particularly in Cambodia. "We have so far identified over 260 bank accounts linked to more than 100 fictitious companies used to channel the proceeds of crime. The total number of complaints linked to the syndicate stands at 2,567," police said. The key accused, Karan Kajaria, was apprehended at Kolkata airport on April 3 after a Look Out Circu ...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 >
Chenthamara, the accused in the Pothundy twin murders (file image) Chenthamara, the accused in the sensational Pothundy double murder case, was sentenced on Saturday (October 18, 2025) to double life imprisonment for a previous murder that occurred six years ago at Pothundy in Palakkad, Kerala. Pallakad Additional District and Sessions Court-IV Judge Kenneth George sentenced Chenthamara to a double term in prison and slapped a fine of ₹3.25 lakh for murdering his neighbour Sajitha on August 3 ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...Read More >
The convicts - four from Maharashtra, three from Haryana and two from Gujarat - were found guilty of duping a retired agricultural scientist of nearly Rs 1 crore Nine members of an inter-state gang were on Thursday convicted in a in a 'digital arrest' cyber fraud case -- marking the first such instance -- by a sub-divisional court in West Bengal's Kalyani. The convicts - four from Maharashtra, three from Haryana and two from Gujarat - were found guilty of duping a retired agricultural scientist ...Read More >
New Delhi: Delhi govt has prepared a plan under which Delhi Transport Corporation (DTC) bus drivers and conductors will receive regular training, with a focus on ethical values, customer service and safe driving, transport minister Pankaj Singh said on Friday. The move is for improving the public image of DTC buses.The minister mentioned that DTC bus drivers who fail to halt at designated stops or are found speeding will face strict departmental action.Several commuters have complained about the behaviour of DTC bus drivers. There have alleged that the buses often fail to stop at the designate ...Read More >
Bengaluru: In a shocking incident, an engineering student has mortgaged his friend's bank account details to cyber criminals to use it as a 'mule account' to transfer over ₹ 7 crore. However, when bank officials alerted the friend over a transaction of a huge amount in the account, he filed a complaint with Bagalakunte police, who arrested the Engineering student, identified as Ayush. A year ago, Ayush had befriended the complainant and they used to hang out frequently. Once, Ayush told the complainant that his bank account was blocked due to technical reasons and sought his help to transact ...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 >
Agartala, July 6 (SocialNews.XYZ) Tipra Motha Party (TMP) leaders would soon meet with Union Home Minister Amit Shah in New Delhi to urge him to take drastic steps against infiltrators, party supremo Pradyot Bikram Manikya Debbarma said on Sunday. Debbarma, a former royal scion, said that illegal infiltrators would jeopardise the socio-economic and customary aspects of the state's indigenous people, especially the tribals. "The Government should take stringent steps to prevent the illegal infiltrators from entering India. Those already illegally staying in Tripura and other states must be pu ...Read More >
New Delhi, July 19 (PTI) The Regional Medical Research Centre in Bhubaneswar, under the Indian Council of Medical Research (ICMR), has developed an advanced malaria vaccine that can prevent plasmodium falciparum infection in individuals and minimise community transmission. The ICMR Delhi has invited Expressions of Interest (EoI) from eligible organisations, companies and manufacturers enthusiastic about the Transfer of Technology for commercial production of "a recombinant chimeric multi-stage malaria vaccine (AdFalciVax) against plasmodium falciparum". ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
New Delhi, Sep 14 (SocialNews.XYZ) A habitual cyber fraudster who threatened to carry out an RDX blast in Mumbai during the Ganeshotsav festival has been arrested in a joint operation by the Bihar Cyber Crime Police and Mumbai Police. The accused was earlier detained in Noida by a special team and later handed over to the Mumbai Police for further interrogation. The accused, identified as Ashwin Supra, had sent a terror threat via WhatsApp to the Mumbai Traffic Police, claiming that 400 kg of RDX was planted in 34 vehicles across the city, and that over one crore lives were at risk. The ala ...Read More >
Bengaluru: Congress President Mallikarjun Kharge was admitted to MS Ramaiah Hospital in Bengaluru after developing a fever late Tuesday night, sparking concern among party workers and political leaders across the country. Doctors at the hospital are closely monitoring his condition and have assured that there is no immediate cause for alarm. Kharge, 83, was reportedly brought to the renowned medical facility after he complained of persistent fever. A medical team quickly initiated a series of diagnostic tests to determine the cause. While his condition is said to be stable, doctors have kept ...Read More >
Jharkhand security forces have made significant strides against Maoists, arresting 266, killing 32, and securing 30 surrenders by September end. High-profile arrests included regional and zonal commanders, while two central committee members with Rs 1 crore bounties were among those eliminated. A substantial cache of arms, explosives, and confiscated levy money were also recovered. As many as 266 Maoists have been arrested, 32 killed, and 30 have surrendered before security forces across Jharkha ...Read More >
Director General of Border Security Force, Daljit Singh Chawdhary, on Friday said that police worked shoulder to shoulder with other security forces during 'Operation Sindoor'. Speaking after reviewing the passing out parade of the 77th (Regular Recruits) batch of the Indian Police Service (IPS) probationers at the Sardar Vallabhbhai Patel National Police Academy (SVPNPA) here, Chawdhary said in moments of great national challenge, the police do not stand alone. "We have seen this in operations ...Read More >
Police traced the money and technical trails, deploying teams across Delhi, Uttar Pradesh, Kerala, Maharashtra, Haryana, Rajasthan and Odisha Delhi Police busted an interstate cyber fraud syndicate by arresting 10 people from across 7 states, for allegedly defrauding people by impersonating law enforcement officers and threatening victims with "digital arrest", officers aware of the matter said on Tuesday. Deputy commissioner of police (southeast) Hemant Tiwari said that the network is linked t ...Read More >
Hyderabad (Telangana) [India], March 11 (ANI): Hyderabad Police's Cyber crime unit has arrested four people for allegedly being involved in an online betting fraud worth atleast Rs 1.5 crore, officials informed on Wednesday. According to officials, the accused supplied SIM cards in the names of their family members and friends, which were used in online betting and gaming frauds through fake social media advertisements. The accused had allegedly approached a person pretending to be from a betting platform "BETINEXCHANGE". Also Read | Supreme Court Allows Passive Euthanasia for 31-Year-Old Gh ...Read More >
Hyderabad (Telangana) [India], March 11 (ANI): Hyderabad Police's Cyber crime unit has arrested four people for allegedly being involved in an online betting fraud worth atleast Rs 1.5 crore, officials informed on Wednesday. According to officials, the accused supplied SIM cards in the names of their family members and friends, which were used in online betting and gaming frauds through fake social media advertisements. The accused had allegedly approached a person pretending to be from a betting ...Read More >
Hyderabad, Apr 1 (PTI) The TGCSB on Wednesday said it has arrested five people from here and Uttar Pradesh, for supplying over 600 Indian SIM cards to a cyber fraud syndicate operating from Cambodia, which defrauded Indian citizens of crores of rupees. The five cyber criminals were closely associated with the Chinese fraud syndicate in Cambodia wherein the Indian SIM cards were being used for cyber crime like phishing, identity theft, impersonation, and extortion, causing huge losses to Indian citizens, Telangana Cyber Security Bureau (TGCSB) Director Shikha Goel said in a release. On March ...Read More >
Agartala, Jun 28 (PTI) Tripura Chief Minister Manik Saha on Saturday exhorted various agencies to enhance security and surveillance in the state, given the current situation in Bangladesh. Tripura is surrounded by Bangladesh on three sides. Therefore, strengthening of security is needed, the chief minister said after inaugurating the state's first cyber police station here. "We all know the present situation in Bangladesh. There is a need to enhance security arrangements. The northeastern state has been made into a corridor for the smuggling of drugs and narcotic items. Infiltration from acr ...Read More >
* Chhattisgarh reported 67,389 cyber fraud complaints from January 2023 to June 2025 on the national portal * The financial loss from cybercrime in the state reached Rs 791 crore in this period * Raipur registered over 16,000 cases but only 107 victims received refunds -- which is 0.2% of complainants Did our AI summary help? Let us know. Bhopal: As India's digital transformation accelerates, Chhattisgarh is emerging as one of its most alarming cautionary tales. With smartphones in every ha ...Read More >
New Delhi: A man was arrested from Krishna Nagar Saturday for allegedly stealing Rs 26 lakh from his father's bank account. He committed the crime out of resentment after the latter handed over the operations of their family parking business at Azadpur Mandi, which the son used to oversee, to his stepbrother, police said.The case came to light when the 68-year-old man visited the bank to update his passbook and found the money missing. He filed a complaint on National Cyber Crime Reporting Portal, leading to the registration of an FIR.DCP (crime) Aditya Gautam formed a team under ACP Anil Shar ...Read More >
New Delhi: Aadhar cardholders are also facing the threat of cyber fraud, for which protection is needed. Many such cases have come to light when someone else has taken a loan on your Aadhar card, without even getting a clue. People are taking out fake loans by misusing Aadhaar cards, which directly cheats them. If this happened to you too, then you need to be careful in future. Has anyone taken a loan on your Aadhar card in a fake way? Sometimes you only find out after receiving a notice from the bank. Therefore, you can easily obtain the loan information on your Aadhaar card. Aadhaar cardhol ...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 >
Jammu, Jul 18 (PTI) Senior officials of the Jammu and Kashmir government reviewed the arrangements for the smooth conduct of the 13-day-long Budha Amarnath pilgrimage in Poonch district that will begin on July 28. Deputy Inspector General of Police Tejinder Singh reviewed security in Poonch and stressed ensuring the safety of the devotees. "The first batch will depart from the Bhagwati Nagar basecamp in Jammu on July 28, moving towards the Mandi tehsil in Poonch in a regulated convoy amid full security arrangements," a spokesperson said. Jammu Divisional Commissioner Ramesh Kumar and Inspec ...Read More >