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: Delhi Police have busted a racket in Dwarka involving the repackaging and circulation of expired food and beverage products, arresting three men and seizing a large stock of items from multinational brands with tampered manufacturing and expiry dates, officials said on Friday. The accused -- Kamal Mudgil (56), Shivam Singh (27) and Lokesh Kumar (35) -- were held following a raid by the Crime Branch. Police said 3,096 cans of soft drinks of various brands and a significant quantity of biscuits with altered packaging and stickers were recovered during the operation. According to officials, a tip-off received on March 29 indicated that an illegal unit was operating in Bamnoli village, where expired or near-expiry products were being modified and pushed back into the market. Acting on the information, a raid was conducted at a godown in Sector 28, Dwarka. Shivam Singh and Lokesh Kumar were found at the premises and apprehended, while Kamal Mudgil -- identified as the owner of the operation -- was also arrested shortly after. Officials from the Food Safety and Standards Authority of India (FSSAI) were called to inspect the site, verify licences and collect samples. The inspection confirmed that several products carried forged batch numbers and expiry dates, following which the items were seized. Police also recovered a printing machine used to create fake manufacturing and expiry labels, along with thinner chemicals used to erase original markings. During interrogation, the accused allegedly admitted to sourcing expired or near-expiry goods, removing original details using chemicals, and printing new dates before repackaging and distributing them in the market. A case has been registered and further investigation is underway, police said.
The overwhelming stench from the red liquid made it hard for residents to breathe, forcing many to stay indoors. Several warehouse managers in the area alleged that the situation arose due to nearby operators dumping chemicals directly into the drainage system. This practice, if true, poses a significant health hazard and raises concerns about the safety of the neighbourhood. ...Read More >
New Delhi [India], June 8 (ANI): In a major crackdown, the Anti-Narcotics Task Force (ANTF) of the Delhi Police has busted an interstate drug syndicate and seized 348.176 kilograms of Ganja, officials said. According to Apoorva Gupta, Deputy Commissioner of Police, ANTF, Crime Branch, Delhi, the seized contraband is valued at approximately Rs 1.75 crore in the international market. The drug was being smuggled from Andhra Pradesh to the Delhi-NCR region, concealed beneath a consignment of watermelons in a truck. Two individuals, identified as Intezar Malik and Rizwan, have been arrested in c ...Read More >
New Delhi: A week after Deepak Kumar, nephew of jailed gangster Manjeet Mahal, was shot dead in front of his 10-year-old daughter during a morning walk in northwest Delhi's Bawana, Delhi Police Crime Branch has arrested two suspects linked to the rival Kapil Sangwan alias Nandu gang following an early morning encounter.The arrests took place near Sector-34 in Rohini, close to the Munak Canal, on Friday. Acting on a tip-off about the movement of two suspects -- Sombir alias Chinu, from Hisar, Haryana, and Vijay, 31, from Chandigarh -- the Crime Branch laid a trap. As officers closed in, the sus ...Read More >
New Delhi: Any non-compliance with food safety protocols will be viewed with utmost seriousness, potentially leading to severe action, said Food Safety and Standards Authority of India (FSSAI) CEO G Kamalavardhana Rao to the representatives of leading e-commerce platforms in a meeting here on Tuesday. The focus of the meeting was to strengthen food safety and hygiene practices throughout the entire e-commerce food supply chain. During the deliberations, he issued several crucial directives to the e-commerce platforms. He directed all e-commerce entities to prominently display their FSSAI lice ...Read More >
New Delhi: Delhi Police's Crime Branch has busted a visa fraud racket operating from south Delhi's Zamrudpur, arresting three men for allegedly duping foreign job seekers. The accused -- Deepak Pandey (33), Yash Singh (23), and Wasim Akram (25) -- posed as representatives of a global outsourcing company handling visa, passport, and consular services. They allegedly extorted large sums of money by issuing fake appointment letters and visas. The case came to light after a consultant from VFS Global ...Read More >
Food influencer Revant Himatsingka revealed lab tests on paneer. Branded paneer samples passed purity tests. However, paneer from local restaurants and a dairy shop failed. This raises concerns about fake paneer, which has less protein. Millions of vegetarians rely on paneer for protein. Consumers are advised to check paneer carefully before purchase. Revant Himatsingka, popularly known as the Food Pharmer, has warned that the paneer served by local food vendors and dairies could be fake. In a ...Read More >
HYDERABAD: The Crime Investigation Department (CID) on Sunday arrested Aaryan Singh alias Aaryan Singh Chhabra, a key accused in the Falcon invoice discounting scam, which defrauded 4,065 victims of over Rs 792 crore. CID chief Charu Sinha said Aaryan, the COO of Falcon Invoicing, was closely involved with the company's MD, Amar Deep Kumar, and other accused in luring depositors and issuing fake receipts. He is believed to have collected Rs 14.35 lakh in "strategic deposits" and diverted Rs 1.62 crore from Falcon's funds into his personal account. After the scam came to light, Aaryan fled to ...Read More >
New Delhi [India], July 11 (ANI): The Delhi Metro Rail Corporation (DMRC) has announced an ex gratia of Rs 5 lakh for the family of a man who died after a building collapsed near Pul Mithai in North Delhi's Lohia Chowk area around the early hours of Friday. The deceased has been identified as Manoj Sharma, also known as Pappu, aged 45. He was an employee at shop number 7A, owned by Gulshan Mahajan, and had been working there for the past 30 years. Also Read | Tapi River Bridge in Gujarat's Kamrej Closed for Month As NHAI Begins Repairs After Gambhira Bridge Collapse Kills 18. The collapsed ...Read More >
New Delhi [India], July 13 (ANI): A day after political leaders raised concerns over glass pieces allegedly scattered along the Kanwar Yatra route in Shahdra District Dilshad Garden, Delhi Police on Sunday traced the source of the broken glass and detained an e-rickshaw driver in connection with the incident. Police said that an FIR was registered at PS Seemapuri based on a complaint from the Public Works Department (PWD), after a video showing broken glass pieces on the road near Chintamani Chowk went viral on social media. A case was registered on July 13 based on a complaint by a Junior E ...Read More >
Sneha's bank account remains untouched. ShowQuick Read Summary is AI-generated, newsroom-reviewed Sneha Debnath, 19, from Tripura, went missing in New Delhi on July 7Tripura CM Manik Saha ordered immediate police action on Sneha's disappearanceSneha was last seen near Sarai Rohilla Railway Station with a friend named Pitunia Did our AI summary help? Let us know. New Delhi: Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capi ...Read More >
A man convicted of the 1993 kidnapping and murder of an eight-year-old boy in Delhi has been arrested after evading police for over 26 years. The Delhi Police Crime Branch on Sunday said the accused, Raj Kishore (55), alias Bade Lalla, was apprehended from Ghaziabad's Khoda Colony on August 2. Kishore, a resident of Kanpur Dehat in Uttar Pradesh, was sentenced to life imprisonment in 1996 but never returned to jail after being granted six-week parole in 1999 by the Delhi High Court. He was later ...Read More >
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 years, basic accounts/PM Jan Dhan Yojana accounts, or those opened before July 31, 2025.Meanwhile, HD ...Read More >
New Delhi, Aug 14 (PTI) Delhi Police has apprehended a 15-year-old boy from Turkman Gate in central Delhi for allegedly selling banned Chinese 'manjha', police said on Thursday after seizing 16 rolls of the deadly kite string from his possession. Chinese manjha is prohibited under Delhi government notifications for posing a severe threat to human life, birds and the environment. The operation was conducted on Wednesday when police identified the suspect carrying 16 rolls of Chinese manjha at around 12:30 pm in the Chandni Mahal area, DCP (Crime Branch) Vikram Singh said. The boy, a resident ...Read More >
New Delhi: Delhi Police has arrested three fraudsters from Rajasthan's Mewat for running a sextortion racket that extorted Rs 14 lakh from a man in the capital. The accused posed as Crime Branch officers, manipulated the victim into a compromising situation during a WhatsApp video call, and then used the footage to blackmail him over several days.According to police, the accused contacted the complainant via WhatsApp video call and played a pre-recorded obscene video featuring a woman. "The complainant told police officers that he was manipulated into getting nude, and subsequently, his video ...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 >
New Delhi [India], June 8 (ANI): In a major crackdown, the Anti-Narcotics Task Force (ANTF) of the Delhi Police has busted an interstate drug syndicate and seized 348.176 kilograms of Ganja, officials said. According to Apoorva Gupta, Deputy Commissioner of Police, ANTF, Crime Branch, Delhi, the seized contraband is valued at approximately Rs 1.75 crore in the international market. The drug was being smuggled from Andhra Pradesh to the Delhi-NCR region, concealed beneath a consignment of watermelons in a truck. Two individuals, identified as Intezar Malik and Rizwan, have been arrested in c ...Read More >
ShowQuick Read Summary is AI-generated, newsroom-reviewed Ajay Lamba was arrested after 24 years for four murder-cum-robbery cases targeting cab driversLamba and accomplices sedated, killed drivers in Uttarakhand, and sold cabs in NepalOnly one victim's body was recovered; two gang members were arrested earlier Did our AI summary help? Let us know. New Delhi: A serial killer who targeted cab drivers and sold off their vehicles has landed in the police net after 24 years. The Delhi Police cr ...Read More >
Medak: Telangana State BJP President N. Ramchander Rao on Friday appealed to the people to give the committed party an opportunity to meet the aspirations of the poor and downtrodden. Addressing a large gathering of party workers in Medak, the BJP chief remarked that citizens have experienced the rule of the BRS and the Congress party and have had bitter experiences with the deceitful practices of both. He urged people to support the BJP wholeheartedly in the upcoming local body elections as a way to teach the ruling Congress party a lesson for its unfulfilled promises. Rao emphasized that t ...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 >
Pune: The Indian Gig Workers' Front on Saturday evening suspended the ongoing strike of cabs and autorickshaws operating on applications till Tuesday, after leaving many commuters, including those arriving at the airport on Saturday morning, hassled. Keshav Kshirsagar, the president of the front, said, "We have a meeting on Tuesday with senior officials of the state transport department. If its decisions don't meet our expectations, the strike will resume." Several commuters had a harrowing experience on roads on Friday and in the early hours of Saturday. Cabs and autos were hard to come by. T ...Read More >
New Delhi, Sep 29 (PTI) Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, under the Ministry of Energy, Water and Mines, Republic of Benin. The scope of the contracts cover ...Read More >
Gurgaon: A fire destroyed an electronic scrap warehouse in Rathiwas village, Manesar. Fire officials received a call at 7.25pm, and 14 fire tenders were deployed.The fire could not be contained even after 20 hours as electronic items, including refrigerators, ACs, and compressors, began to explode."It was a scrap warehouse of old vehicles, refrigerators, ACs, and electronic goods in Rathiwas. Thousands of vehicle compressors, oil extracted from vehicles, diesel, petrol, rubber, fibre, plastic, and other flammable materials were kept here, due to which the fire spread rapidly," an officer added ...Read More >
New Delhi: Four wanted criminals allegedly involved in multiple cases of murder in Bihar were killed in a shootout with a joint team of Delhi Police and Bihar Police in Rohini in the early hours of Thursday, police said.The accused, identified as Ranjan Pathak (25), Bimlesh Mahto alias Bimlesh Sahni (25), Manish Pathak (33) and Aman Thakur (21), all residents of Bihar's Sitamarhi district, were part of the 'Sigma Gang', they said. The encounter, which took place around 2.20 am on Bahadur Shah Marg in Rohini, was one of the biggest carried out in Delhi in recent years, police said.The accused, ...Read More >
In a dramatic turn of events in Delhi, police engaged and fatally shot four notorious members of the 'Sigma Gang'. Known for their involvement in a series of murders and extortion schemes in Bihar, these criminals were reportedly gearing up for more illicit activities as the Bihar assembly elections approached. Just weeks ahead of the Bihar assembly elections, police on Thursday gunned down four wanted criminals allegedly involved in multiple cases of murder in Bihar. The operation was carried o ...Read More >
NEW DELHI: A violent crime trail that stretched from Bihar's Sitamarhi to the national capital ended early on Thursday morning in Delhi's biggest encounter since 2019, when a joint operation by the Delhi and Bihar Police killed four wanted gangsters. The slain men, part of Bihar's Sigma & Company extortion gang, were allegedly planning violent strikes ahead of the upcoming Bihar Assembly elections. The encounter, conducted jointly by the Crime Branch of Delhi Police and the Bihar Police, took place around 2.20 am on Bahadur Shah Marg in Rohini. The accused, Ranjan Pathak, 25, Bimlesh Mahto al ...Read More >
NEW DELHI: The Delhi Police have busted a fake antacid manufacturing unit in north Delhi's Ibrahimpur, and seized a massive cache of counterfeit products designed to mimic a popular over-the-counter brand. Two accused -- Sandeep Jain (45) and Jitender alias Chotu (23) -- both residents of Ibrahimpur, have been arrested in connection with the illegal operation, officials said on Sunday. According to the Crime Branch, the unit was discovered during a raid following a complaint from the authorised manufacturer of the antacid brand. The accused had rented a local premise and set up a complete pr ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
New Delhi [India], July 13 (ANI): The Crime Branch of Delhi Police has achieved a significant breakthrough in its efforts to combat crime in the city. A dangerous day burglar gang has been smashed, and two individuals, including a major burglar, have been apprehended. The Crime Branch of Delhi Police apprehended two accused, including a Child in Conflict with Law (CCL) and a 22-year-old identified as Aftab alias Sukha, from the Sector 10/11 area near Japanese Park in Rohini. 53 high-end phones were recovered from the possession of the accused, along with house-breaking tools were seized from ...Read More >
Chennai (Tamil Nadu) [India], August 4 (ANI): Actor and Makkal Needhi Maiam founder Kamal Haasan made strong remarks on the necessity of education while addressing a gathering at the Agaram Foundation event in Chennai. Education is the only weapon that can break the chains of dictatorship and Sanatan, the Rajya Sabha MP said on Sunday. Kamal Haasan added, Dont take anything else in your hands, only education. We cannot win without it, because the majority can make you lose. Majority Fools (Moodargal) will make u lose; knowledge alone will seem defeated. That why we must hold on to it (Educat ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >