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: Aiming to ensure accountability and time-bound compliance with legislative oversight, the Delhi Secretariat -- following the adoption of the Second Report of the Committee on Public Accounts on the Comptroller and Auditor General of India's performance audit of liquor regulation and supply in Delhi -- has directed the departments to review the Committee's recommendations and submit an Action Taken Report (ATR) reflecting the status till December 31, 2026, by January 31, 2027. Speaker Vijender Gupta flagged 'systemic' failures in the excise framework and called for time-bound action on the recommendations of the PAC. A formal communication has been issued to the Delhi Minister of Excise and the Principal Secretary calling for a comprehensive and time-bound response to the findings and recommendations of the panel, thereby initiating a follow-up process at departmental level. The Delhi Secretariat, on Thursday, said that the direction marks the commencement of a critical follow-up exercise and respond within a defined timeline. The move is aimed at ensuring that the observations of the PAC translate into concrete administrative action and measurable outcomes.
New Delhi, Jan 14 (PTI) The Delhi High Court on Tuesday sought the stand of comptroller and auditor general of India (CAG) on a PIL seeking its 14 reports on city administration to be made public. A bench of Justices Yashwant Varma and Harish Vaidyanathan Shankar asked CAG to explain why its report could not be made public, and posted the hearing on January 24. Also Read | Karnataka Shocker: Woman Throws 4 Children Into Canal in Vijayapura Allegedly Due to Financial Distress, 2 Bodies Recovered. Brij Mohan, a retired civil servant, who filed the PIL said the voters in Delhi must be aware of ...Read More >
Himachal Pradesh faced nature's fury. Bridges collapsed in Shimla, Lahaul, and Spiti. Cloudbursts and flash floods caused widespread damage. Over 300 roads closed, disrupting travel. A police post swept away, shops damaged. No casualties reported yet. Orange alert issued for more heavy rain. The state has suffered significant financial losses this monsoon. Many people have died in rain-related incidents. Several bridges were washed away in Shimla and Lahaul and Spiti districts, while over 300 roads, including two national highways, have been closed across Himachal Pradesh following fresh inci ...Read More >
Bengaluru: Woman brutally assaulted over alleged sari theft; shop owner Umed Ram and employee Mahendra Seervi arrested after viral video sparks outrage. Bengaluru: A shocking incident unfolded in Bengaluru when a 55-year-old woman was brutally assaulted by a textile shop owner and his employee for allegedly stealing saris. The public assault, which included slapping, kicking, and dragging the woman on the pavement, was recorded on mobile phones by onlookers and later went viral on social media. Add Asianet Newsable as a Preferred Source The viral video prompted swift police action, leading ...Read More >
Lok Sabha Speaker Om Birla on Monday said that the people of North East are vibrant, industrious, and full of potential adding that they deserve greater opportunities to realise their abilities. Birla inaugurated the 22nd conference of the Commonwealth Parliamentary Association (CPA) Zone III in Nagaland's capital Kohima. Speaking at the 22nd conference of the Commonwealth Parliamentary Association (CPA) Zone III in Nagaland's capital Kohima, Birla lauded the CPA Zone III comprising of Nagaland ...Read More >
New Delhi: The CAG report, which Aam Aadmi Party leaders are denying as false, was indeed accepted as true by the Delhi government lawyer in the High Court when he blamed the LG office for leaking it to the public. Justice Sachin Datta of the Delhi High Court, who was hearing a petition by the BJP MLAs, said the government should have promptly placed the CAG reports before the house for discussion. "The way you dragged your feet raises doubts about your bonafides. You should have promptly forwarded the reports to the speaker," Justice Datta said, "and had a discussion in the house. The timel ...Read More >
NEW DELHI: Assembly Speaker Vijender Gupta on Monday sought an unconditional apology from Delhi Congress chief Devender Yadav, who alleged that more than Rs 2.35 crore had been spent on the Speaker's official residence, bungalow No. 9, Shamnath Marg, including Rs 94.69 lakh solely on the renovation of toilets and bathrooms. In a letter, Gupta stated, "Regarding your statement alleging exorbitant expenses on the renovation of the Speaker's residence, in which you mentioned that Rs 2.35 crore was spent, including Rs 94.69 lakh on bathrooms and toilets, it is reported that you even referred to t ...Read More >
BENGALURU: Lok Sabha Speaker Om Birla here on Saturday mooted a National Legislative Index (NLI) to rank state assemblies and councils on the basis of their performance. "The performance of the state assemblies could be assessed on the basis of parameters such as number of sittings held every year, productivity of the House, quality of debates, adoption of technology and efficacy of various committees," he said after the valedictory of the 11th Commonwealth Parliamentary Association (CPA)-India Region Conference. Delhi Assembly Speaker Vijender Gupta has been tasked with preparing a proposal ...Read More >
State minister for scheduled castes, scheduled tribes and senior citizens' welfare, Adluri Laxman Kumar, tabled the Telangana Employees Accountability and Monitoring of Parental Support Bill, 2026 in the assembly. The bill is expected to come up for discussion and passage on Monday. According to Laxman Kumar, the Bill mandates a 15% deduction or ₹10,000, whichever is less, from the salary of employees found neglecting their parents, to be credited into the parents' accounts directly. Accordin ...Read More >
Bhopal, Mar 30 (PTI) Madhya Pradesh Chief Minister Mohan Yadav on Monday said that only those with a spirit of service can succeed in politics, while "personal ambitions" adversely impact the democratic system. Yadav was addressing the inaugural session of the two-day conference of young MLAs from Madhya Pradesh, Chhattisgarh and Rajasthan held in the state assembly here. Stressing the need for humility, dignity, and discipline in politics, he said, "Public representatives need to be sensitive to people's problems, be studious, skilled in stress management, and work with complete dedication ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped inside a residential building that caught fire, the DCP said. With the help of police personnel and fir ...Read More >
Patna, July 19 (SocialNews.XYZ) In a major action against corruption, the State Vigilance Unit (SVU) on Saturday arrested Sub-Inspector Putul Kumari, the SHO of the Women's Police Station in Samastipur, for accepting a bribe of Rs 20,000. Her driver was also arrested in the case. The arrest has created a stir within the police department. According to an official, Putul Kumari was caught red-handed while taking the bribe from Rajiv Ranjan, a resident of Chhatauna village under Mufassil police station limits, in connection with an assault case. Rajiv Ranjan had filed a written complaint with ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Actor Harshvardhan Rane, who was last seen in 'The Miranda Brothers', is heaping praise on the recently released film 'Saiyaara', and its team. On Saturday, the actor took to the Stories section of his Instagram, and penned a special note for the film and its makers after it witnessed a stellar opening day. He wrote, "Another melodious example of a love story shattering all myths and formulas of the industry. Honest heart wrenching love story wins again in 2025! #Saiyaara". 'Saiyaara', which stars Aneet Padda, and marks the debut of Ahaan Panday, is helmed b ...Read More >
New Delhi, Aug 3 (PTI) A bill to regulate school fee hikes and two CAG reports on the performance of the previous AAP government are set to be tabled in the Monsoon session of the Delhi Legislative Assembly, which starts on Monday, with the entire proceedings to be held in a paperless format. Delhi Chief Minister Rekha Gupta will introduce two reports by the Comptroller and Auditor General (CAG) during the session. One of the CAG reports pertains to 'state finances for the year 2023-24' while the other focuses on the 'welfare of building and other construction workers' for the year ending on ...Read More >
New Delhi, Sep 15 (PTI) The Delhi Assembly will be organising a special exhibition "Know Your Prime Minister" on the occasion of the 75th Birthday of Prime Minister Narendra Modi in the Assembly premises, Speaker Vijender Gupta said on Monday. Gupta said the exhibition will showcase the Prime Minister's journey and will remain open to the public from September 17 to October 2. As a part of the celebrations, a dedicated book Gallery focusing on the PM will be inaugurated in the Assembly Library to enable legislators and scholars to learn from his thoughts, words, and works, according to an of ...Read More >
Bangalore Gold Rate Today: Shattering all hopes of retail jewellery buyers of some relief amid the ongoing Navratri festival, gold rates in Bangalore, and other Indian cities broke another record on Monday, September 29. The price of gold in Bangalore, aka Bengaluru, witnessed a sharp surge bringing 24 karat gold Rs 16,000 above the historic Rs 1 lakh mark. The gold price rally in Karnataka capital mirrored the surge in gold rate in India and across the world. The sharp rally in precious metal is on its path to beat the record-rally of 1979. Multiple factors like US Fed rate cut, trade becau ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
Mumbai, July 15 (SocialNews.XYZ) Amid the rising cancer cases in Maharashtra, the Public Health Minister Prakash Abitkar said on Tuesday in the Assembly that four new cancer hospitals will be set up in the state with the help of Public Health Department. These hospitals will be located in Pune, Mumbai, Nagpur and Nashik. Positive action is being taken for the construction of these hospitals, Minister Abitkar added. He was replying to a half-hour debate on rising number of cancer cases and the efforts to treat the patients. "The incidence of cancer among women is increasing in the state. Th ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
New Delhi, Oct 17 (SocialNews.XYZ) The Delhi Assembly complex on Friday came alive with festive decorations and celebrations as Speaker Vijender Gupta extended Diwali wishes and urged people to celebrate the festival in an environment-friendly manner. Gupta said that Diwali is a festival that celebrates light, goodness, and new beginnings -- and it should also inspire responsibility towards our environment and society. He emphasised that while the city shines with festive lights, every citizen must ensure that the celebrations do not add to Delhi's pollution crisis. "This Diwali, let us ill ...Read More >
New Delhi, The budget session of the Delhi Assembly concluded with over 15 hours of legislative business, said Speaker Vijender Gupta on Monday, describing it as a "result-oriented engagement" during the proceedings. "The second part of the fourth session of the eighth legislative assembly was held from March 23 to March 27, 2026, comprised four sittings conducted on 23rd, 24th, 25th and 27th March 2026 and concluded with a total working time of 15 hours and 16 minutes," Gupta said. During the ...Read More >
New Delhi [India], August 3 (ANI): The Monsoon Session of the Eighth Legislative Assembly of the National Capital Territory of Delhi will commence on Monday. Notably, ahead of the Monsoon Session of the Delhi Assembly, the House has transitioned to a fully digital and paperless format. All procedural work will now be conducted through digital platforms, marking a significant shift in its functioning. Also Read | Air India Cancels Singapore-Chennai Flight AI349 Due to Technical Snag in Plane. U ...Read More >
New Delhi, Aug 19 (PTI) Delhi Assembly Speaker Vijender Gupta will convene a high-level meeting on Wednesday to review preparations for the upcoming All India Speakers' Conference, officials said. The conference is scheduled for August 24 and 25 at the Delhi Assembly premises, and marks the first time the national capital will host the event. Over the course of two days, deliberations will focus on strengthening parliamentary democracy, refining legislative practices, promoting cooperative federalism, and enhancing the effectiveness of legislatures in meeting the aspirations of the people th ...Read More >
Allcargo Logistics has received NCLT approval to demerge its international supply chain business into a new listed entity, Allcargo Global Limited. This restructuring will create four distinct listed strategic business undertakings, enhancing focus and efficiency for both international and domestic operations. Shareholders will receive shares in the new entity on a 1:1 basis. Logistics operator Allcargo Logistics on Monday said it has received the NCLT approval for its restructuring plan to deme ...Read More >
Guwahati: Meghalaya Assembly Speaker Thomas A Sangma on Friday refused to allow a discussion on the recent illegal coal mine blast that killed 33 people earlier this month, citing the sub judice provisions under Assembly rules. The move drew strong protests from the Opposition. The Speaker said the matter is pending in court and, therefore, cannot be taken up on the House floor. "I have received that this matter is sub judice and is pending in the court of law. Accordingly, I have taken this decision based on Rule 57, sub-clause 6. I stand by my decision, and the Speaker's ruling is final," ...Read More >
New Delhi, Jun 28 (PTI) A symposium held at the Delhi Legislative Assembly on Saturday to mark 50 years of the Emergency saw leaders, journalists and civil society members reflect on the period as one of the darkest chapters in India's democratic history. The event, titled "Na Bhoolein, Na Shama Karen", called for renewed national introspection and a commitment to safeguarding democratic values, an official statement said. Also Read | Bodoland Lottery Result Today, June 28, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. Address ...Read More >
New Delhi [India], August 25 (ANI): Delhi Chief Minister Rekha Gupta on Monday emphasised the primacy of national interest over party politics, stating that there is no place for party politics when it comes to the interests of the country. Speaking during the concluding session of the All India Speakers Conference held at the Delhi Legislative Assembly, the Delhi CM Gupta called on all public representatives to renew their commitment to the oath taken while assuming office, as she highlighted the legacy of Vittalbhai Patel, India first elected Speaker of the Central Legislative Assembly in 1 ...Read More >
New Delhi [India], July 12 (ANI): Delhi Assembly Speaker Vijender Gupta called upon all political parties to rise above partisan lines and formulate a common minimum program to collectively address the issue of illegal immigrants in the national capital. His remarks came in response to Delhi Lieutenant Governor VK Saxena recent directive to the Chief Secretary, seeking stricter regulations for the issuance of Aadhaar cards in Delhi. The directive followed reports of a large number of Aadhaar cards being fraudulently obtained by illegal immigrants. Speaking to ANI, the Delhi Assembly Speaker ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Amid the ongoing verbal spat between Maharashtra Navnirman Sena (MNS) chief Raj Thackeray and BJP MP Nishikant Dubey over the Hindi language debate in Maharashtra, Union Minister and Republican Party of India (Athawale) president Ramdas Athawale on Saturday has called for restraint, urging all parties to maintain peace and avoid statements that could disrupt Mumbai's communal harmony. Responding to the exchange of inflammatory remarks, Athawale said, "Such statements against each other can spoil the atmosphere of Mumbai. We should maintain peace. It's not righ ...Read More >
Hyderabad, August 3: Six IT professionals were arrested by the Prohibition and Excise Department of Telangana for consuming drugs during a party at a farmhouse in Moinabad near Hyderabad. The techies were found consuming LSD blots, hash oil and alcohol at a birthday party late on Saturday, police said on Sunday. Acting on a tip-off, the Telangana Excise Task Force conducted a raid at a farmhouse and seized drugs and foreign liquor. According to the excise police, a drug test was conducted on those attending the late-night party, and six techies tested positive. Drugs, including LSD blots and ...Read More >
* ChatGPT was cited during a Delhi Assembly debate on a disputed colonial-era hanging room claim * Former Speaker Ram Niwas Goel called the underground chamber a British-era gallows in 2021 * BJP challenged the claim, stating archival evidence shows it was a tiffin room with a goods lift Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: A routine day of proceedings in the Delhi Vidhan Sabha on Tuesday turned into a charged discussion over a controversial historical clai ...Read More >