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 family of a young Indian seafarer who died in a suspected maritime attack has approached the Bombay High Court seeking the return of his mortal remains, stressing their right to perform last rites with dignity. Petition filed by father and daughter urges expedited process A petition filed by Amratlal Solanki (64) and his daughter Mitali Solanki (33), through advocates Satish Talekar and Madhvi Ayyappan, urges authorities to expedite the repatriation process. The plea cites a lack of clarity and communication from officials despite repeated follow-ups. The matter is likely to come up for hearing on April 6 before a bench headed by Chief Justice Shree Chandrashekhar. Dixit Solanki (25), who worked as an oiler in the engine room aboard the vessel MT MKD Vyom, was killed on March 4 when an explosive-laden drone boat struck the tanker off the coast of Oman amid the ongoing West Asia conflict. He is believed to be the first Indian casualty linked to the hostilities in the region. Family seeks access to all investigation & forensic records In their petition, the Solanki family has also sought access to all investigation and forensic records related to the incident. The respondents named include the Ministry of External Affairs, the Ministry of Ports, Shipping and Waterways, the Directorate General of Shipping, and V Ships India Pvt Ltd, which manages the vessel. The plea argues that the "fundamental right to dignity extends to a person even after death," adding that authorities are duty-bound to ensure timely repatriation. It states, "The petitioners have a right to receive the mortal remains of the deceased family member and perform rites guaranteed under Article 21 of the Constitution of India." Maritime regulations impose legal obligation on authorities It further relies on maritime regulations governing deaths at sea, noting that there is a clear legal obligation on authorities. "The respondents are under the legal obligation to ensure speedy repatriation of the mortal remains of the deceased in view of Article 21... read with the Merchant Navy Act, 2025 and the rules framed thereunder," the plea says. Nearly a month after the incident, the family claims they have still not received the remains. They also allege that their attempts to obtain information from the shipping company yielded only vague responses stating that efforts were ongoing. According to the petition, officials from the recruitment and placement agency informed them that they had been following up with the Indian Embassy in the UAE but had received no response. Later, the Consulate General of India in Dubai conveyed on March 17 that skeletal remains had been recovered and would be handed over to Sharjah Police for formalities, including issuance of a death certificate. However, the family says there has been no further communication since then.
New Delhi: In an open letter sharply condemning the detention and alleged expulsion to Bangladesh of a number of people declared foreigners by tribunals in Assam as a violation of their rights, a group of activists, lawyers and academics has urged the government to stop such expulsions and allow the return of those sent across the border. Dozens of those expelled to Bangladesh reportedly have appeals against their declaration as foreigners pending in the Supreme Court, the letter noted. "Pushbacks," said the letter using the term being used by the government for these expulsions, "fall on the ...Read More >
Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...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 >
Rahul Gandhi criticized the RSS after its general secretary, Dattatreya Hosabale, suggested reviewing the terms "socialist" and "secular" in the Constitution's Preamble. Gandhi alleged the RSS prefers "Manusmriti" over the Constitution, aiming to deprive marginalized communities of their rights. He vowed to defend the Constitution against the RSS's alleged agenda.leader Rahul Gandhi on Friday said the mask of the RSS has come off again as it wants "Manusmriti" and not the Constitution, after the ...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 >
'Kissa Kursi Ka ... ': Jaishankar Slams Indira Gandhi for Emergency, Asks Rahul, Sonia To Apologise External Affairs Minister S Jaishankar launched a fierce attack on the Gandhi family, blaming them for the imposition of the Emergency in 1975, calling it the darkest day in Indian democracy. Speaking at a BJYM Mock Parliament event marking 50 years of the Emergency, Jaishankar said the autocratic move stemmed from one family placing itself above the nation. Referencing the film Kissa Kursi Ka, he ...Read More >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...Read More >
NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >
Mumbai, Dec 12 (SocialNews.XYZ) The Bombay High Court on Thursday pointedly asked the Maharashtra government if there was any restriction on celebrating the birth anniversary of Tipu Sultan of Mysuru in Karnataka. The query came during a hearing of a plea filed All India Majlis-E-Ittehadul Muslimeen (AIMIM) Pune President Faiyaz Shaikh who was refused permission to carry out a procession to commemorate the birth anniversaries of Tipu Sultan, and Bharat Ratna Maulana Abul Kalam Azad last month along with the Constitution Day celebrations, at Baramati in Pune district. However, the Pune Rural ...Read More >
New Delhi: India has intensified its calls for the immediate discharge and repatriation of all remaining Indian nationals serving in the Russian Army, following the tragic death of one Indian national in Russia. The Ministry of External Affairs (MEA) has once again stressed the urgency of bringing back Indian nationals involved in the ongoing conflict in Ukraine. Indian National from Kerala Dies, Another Injured in Russia In a statement, MEA spokesperson Randhir Jaiswal confirmed that an Indian national from Kerala, who had been recruited to serve in the Russian Army, tragically died, while ...Read More >
New Delhi [India], May 23 (ANI): Criticising the BJP-led NDA government, Leader of the Opposition in Lok Sabha (LoP) Rahul Gandhi on Friday said that India's foreign policy has collapsed. In a post on X, Gandhi raised three questions to the central government. "Will JJ explain, Why India has been hyphenated with Pakistan? Why didn't a single country back us in condemning Pakistan? Who asked Trump to "mediate" between India & Pakistan?" the LoP said. Reposting a video of S Jaishankar's interview with a media outlet, he said, "India's foreign policy has collapsed," he added. Earlier, Gandhi q ...Read More >
Dehradun (Uttarakhand) [India], June 27 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami participated in the 'Samman Program for Democracy Fighters on completion of 50 years of Emergency' organised at the Himalayan Cultural Centre, Dehradun. CM Dhami said that the period of Emergency will always be marked as a black chapter in Indian democratic history. Paying tribute to the democracy fighters, CM Dhami said, 'Today we are getting the privilege of honouring the great heroes who protected democracy. The period of Emergency will always be marked as a black chapter in Indian democratic his ...Read More >
CHENNAI: The Madras High Court has held that it can't prohibit online movie reviews as it will amount to curbing the fundamental right to free speech and expression. Dismissing the petition filed by Tamil Nadu Active Film Producers' Association seeking prohibition of online movie reviews for three days from the date of release, Justice N Anand Venkatesh on Thursday said such an order cannot be issued by the court as it is unsustainable. He also remarked that if any such relief, as sought by the petitioners, is granted, it will amount to curbing the right to free speech and expression which i ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to invite this esteemed class of artists, technologists, and professionals to join the Academy," said Ac ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Nagpur: In a significant blow to the Maoist movement in the Dandakaranya region, 12 senior Maoists surrendered before chief minister Devendra Fadnavis during his visit to Gadchiroli district on Friday. The event, attended by state minister and Gadchiroli's co-guardian minister Ashish Jaiswal, marks a milestone in the state's ongoing efforts to curb Naxalism through its surrender and rehabilitation policy, in place since 2005.The surrendered Maoists include high-ranking members, including Sapna al ...Read More >
New Delhi, Jun 26 (PTI) India has evacuated over 3,400 Indian nationals from Iran so far in 14 flights under Operation Sindhu launched on June 18 to bring home its citizens amid the ongoing Iran-Israel conflict, according to data shared by the Ministry of External Affairs on Thursday. At his weekly media briefing, MEA spokesperson Randhir Jaiswal, in response to queries on Operation Sindhu, also said, New Delhi was "assessing the situation on ground" and depending on that a decision would be taken whether to "continue with it or not". On June 24, while India remained "deeply concerned about ...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 >
Ahmedabad, June 27: Union Home Minister Amit Shah began his Gujarat visit on a spiritual note early Friday morning by participating in the Mangala Aarti at the historic Shri Jagannathji Temple in Jamalpur, Ahmedabad. The visit coincides with the auspicious occasion of the annual Shri Jagannath Rath Yatra, a major religious event that draws thousands of devotees every year. Arriving at the temple at 3:15 a.m., HM Shah joined in the sacred rituals and offered prayers to Mahaprabhu Jagannath. Sharing his experience on social media platform X, he posted, "On the sacred occasion of Rath Yatra, par ...Read More >
Union Law Minister Arjun Ram Meghwal inaugurated an online Hindi course on the Constitution of India, celebrating 75 years of the document. The initiative aims to make constitutional principles more accessible. Developed with NALSAR University, it aims to educate citizens on their rights and democratic duties. In a significant step marking 75 years of India's Constitution, Union Law Minister Arjun Ram Meghwal has launched an online Hindi course designed to make constitutional education more accessible to the public. This initiative, a collaboration between the Department of Legal Affairs and ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
NEW DELHI, 26 Jun: India has evacuated over 3,400 Indian nationals from Iran so far in 14 flights under Operation Sindhu launched on 18 June to bring home its citizens amid the ongoing Iran-Israel conflict, according to data shared by the Ministry of External Affairs (MEA) on Thursday. At his weekly media briefing, MEA spokesperson Randhir Jaiswal, in response to queries on Operation Sindhu, also said that New Delhi is "assessing the situation on ground" and depending on that a decision would be taken whether to "continue with it or not." On 24 June, while India remained "deeply concerned ab ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >
New Delhi [India], June 2 (ANI): The Supreme Court on Monday declined to entertain a petition alleging that the Assam government has reportedly launched a "sweeping and indiscriminate drive" to deport persons suspected to be foreigners to Bangladesh. A vacation bench of Justices Sanjay Karol and Satish Chandra Sharma asked the All BTC Minority Students Union (ABMSU) to approach the Gauhati High Court for appropriate relief. Also Read | INR 2,000 Currency Notes Worth INR 6,181 Crore Still in Circulation After Withdrawal 2 Years Ago, Reveals RBI Data. The petitioner said that the state of Ass ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
New Delhi [India], June 26 (ANI): The Ministry of External Affairs clarified India's position on importing crude oil from Iran on thursday, stating that energy purchases are based on 'market factors and the prevailing global situation.' 'Our energy requirements, or the energy purchases we make, are based on market factors and the prevailing global situation,' MEA spokesperson Randhir Jaiswal said in THEIR weekly briefing. Further, the Ministry also expressed deep concerns about the situation in West Asia, including the Israeli attacks on nuclear scientists and certain universities in Iran. ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >
Thiruvananthapuram, Jun 27 (PTI) Kerala Chief Minister Pinarayi Vijayan on Friday condemned the RSS's call to review the words 'socialist' and 'secular' in the Indian Constitution's Preamble, describing it as "a brazen attempt to dismantle the core ideals of our Republic." In a post on 'X,' the chief minister said, "Invoking the emergency to discredit these principles is a deceitful move, especially when the RSS colluded with the Indira Gandhi Government during that time for its own survival." "To use that period now to undermine the Constitution reflects sheer hypocrisy and political opportun ...Read More >
New Delhi, Jun 27 (PTI) India has so far evacuated more than 4,400 Indian nationals from Iran and Israel in 19 special flights under Operation Sindhu launched on June 18 to bring home its citizens amid an ongoing conflict between the two countries, according to the Ministry of External Affairs (MEA). The evacuated Indian nationals included "more than 1,500 women and 500 children", the MEA said in a statement on Friday. Also Read | PM Narendra Modi To Begin 5-Nation Tour on July 2 To Strengthen Global Partnerships. "The government of India is deeply committed to the safety and well-being of ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >