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 25-year-old seafarer, killed in a suspected drone boat attack off the Oman coast last month during the West Asia conflict, has moved the Bombay High Court seeking directions to the Union government to bring his mortal remains. The petition, filed by Dixit Solanki's father, Amratlal and sister Mitali, will be heard on April 6 before a bench headed by Chief Justice Shree Chandrashekhar. The plea filed through advocates S B Talekar and Madhvi Ayyappan claims a lack of clarity from the authorities. Dixit Solanki was killed on March 4 when an explosive-laden drone boat struck the oil tanker MT MKD Vyom amid the ongoing West Asia conflict. He is reportedly the first Indian casualty of the maritime tensions in the region. In their plea, the Solankis have also sought that all investigation and forensic records should be shared with them. The plea has been filed against 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 MT MKD Vyom. The plea claimed that the fundamental right to dignity extends to a person even after death, and hence, the authorities have a duty to ensure the timely return of the mortal remains to the family. It also relied on the legal obligations under the maritime regulations and guidelines that require proper handling and repatriation in cases of death at sea.
New Delhi: The Supreme Court on Tuesday said the Karnataka government and the Centre should resolve the issue in connection with the release of financial assistance from the National Disaster Response Fund (NDRF) to the state for drought management. The matter came up before a bench comprising justices B R Gavai and K V Viswanathan. Attorney General R Venkataramani, appearing for the Centre, requested the bench that he needed some time to file an affidavit in the matter. "You should resolve it," the bench said. During the hearing, the bench queried, how much amount has been released so far? ...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: 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 >
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 >
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 [India], June 28 (ANI): Congress on Friday demanded government reveal data on the number of Indian citizens stranded in Russia amid conflict with Ukraine in the region. Addressing a press conference at the AICC headquarters, Punjab Congress president Amarinder Singh Raja Warring claimed that 126 Indian citizens, including young men from Punjab, Uttar Pradesh, Jammu-Kashmir, and Maharashtra, were 'trafficked into the Russian Army to fight the war'. He said, among them, 'at least 14 remain missing.' 'These men were tempted by agents who promised them employment in Singapore, Malaysia ...Read More >
New Delhi, Dec 12 (VOICE) The Supreme Court on Thursday ordered that no fresh suits would be registered under the Places of Worship Act in the country, and in the pending cases, no final or effective orders would be passed till further orders of the Apex Court. A Special Bench headed by CJI Sajiv Khanna asked the Union government to file within four weeks its reply to the clutch of petitions challenging the validity of the 1991 Act, which prohibits the filing of a lawsuit to reclaim a place of worship or seek a change in its character from what prevailed on August 15, 1947. The Bench, also c ...Read More >
New Delhi [India], June 27 (ANI): A special evacuation flight from Armenia carrying 173 Indian nationals living in Iran landed in the national capital late on Thursday evening, Ministry of External Affairs said. The special evacuation flight from Yerevan, Armenia, landed at 10:30 PM (IST) on Thursday with 173 Indian nationals from Iran. '#OperationSindhu A special evacuation flight from Yerevan, Armenia, landed in New Delhi at 22:30 hrs on 26th June, bringing home 173 Indian nationals from Iran. As part of #OperationSindhu, a total of 4415 Indian nationals (3597 from Iran and 818 from Israel ...Read More >
ISKCON Kolkata has reported ongoing attacks on their monks in Bangladesh to the Indian government, urging intervention. The recent arrest of monk Chinmoy Krishna Das highlights increasing threats against Hindu religious orders, urging the intervention of both Indian authorities and the United Nations for minority protection. ISKCON Kolkata has reported ongoing attacks on their monks and members in Bangladesh to the Indian government, seeking immediate intervention. The recent arrest of ISKCON monk Chinmoy Krishna Das underscores the persistent threats faced by Hindu religious orders, includin ...Read More >
Chandigarh [India], December 3 (ANI): Punjab Legislative Assembly Leader of Opposition and Congress leader Partap Singh Bajwa on Tuesday, slammed the BJP-led central government for neglecting the interests of farmers in Punjab and Haryana. Bajwa's scathing attack comes amidst growing discontent among farmers in the region, who feel their concerns have been ignored by the ruling party. "Ever since the BJP government has come to power, they have not taken a single decision that is in the interest of the farmers of India, especially the farmers of Punjab and Haryana. It is their fundamental rig ...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 >
The United States recently updated its travel advisory for India. The Ministry of External Affairs acknowledged the update. The US advises its citizens to exercise caution due to crime and terrorism. Certain areas are marked as high-risk. The advisory level for India remains unchanged. It has been at level 2 for several years.Travel advisories are periodically issued by countries based on their "assessment of various factors", and "we have noted" that the US has updated the travel advisory for In ...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 >
ISKCON Kolkata has raised concerns with India over ongoing persecution of its monks and Hindu communities in Bangladesh, following the arrest of monk Chinmoy Krishna Das. ISKCON Kolkata has seriously raised concerns with the Indian government over the ongoing persecution of its monks and Hindu religious communities in Bangladesh. This is after the recent arrest of monk Chinmoy Krishna Das, a development that is very worrying in light of a series of attacks on members of the Hindu Vaishnavite order and other minority communities. ISKCON Kolkata spokesperson Radharaman Das shared with PTI that ...Read More >
New Delhi [India], November 28 (ANI): India has expressed its concern over the escalating incidents of violence against Hindu minorities in Bangladesh and desecration, and damage to their places of worship, and has also called on the interim government there to ensure the safety of minorities. In a response to question asked by RJD MP AD Singh, Minister of State for Ministry of External Affairs, Kirit Vardhan Singh in a written reply to Rajya Sabha, stated that the "primary responsibility" for the protection of life and liberty of all citizens of Bangladesh, including minorities, "rests with ...Read More >
Kokrajhar (Assam), Jan 28 (VOICE) Assam Chief Minister Himanta Biswa Sarma said on Tuesday that there are several reports that some sections of Bangladeshi establishment are trying to revive militancy in Assam with the help of Pakistan's Inter-Services Intelligence (ISI). He was in Bodoland (Kokrajhar) to commemorate five years of the 2020 Bodo Peace Accord. On this occasion, he said that for the last three-and-a-half years, there was not even a political agitation in Bodoland. After the accord peace is prevailing there, he added. CM Sarma said, "The situation in Bangladesh is not good. We ...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 >
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 >
NEW DELHI (AP) -- Prime Minister Narendra Modi on Friday inaugurated one of the most ambitious railway projects ever built in India, which will connect the Kashmir Valley to the vast Indian plains by train for the first time. Dubbed by government-operated Indian Railways as one of the most challenging tracks in the world, the 272-kilometer (169-mile) line begins in the garrison city of Udhampur in Jammu region and runs through Indian-controlled Kashmir's main city of Srinagar. The line ends in Baramulla, a town near the highly militarized Line of Control dividing the Himalayan region between ...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 >
Chandigarh, Jun 7 (PTI) The Punjab and Haryana High Court has dismissed the Punjab government's plea seeking a recall or modification of its May 6 order which asked it to release water to Haryana. On May 26, the high court had reserved its order on the Punjab government's plea. Punjab had sought a recall or modification of its May 6 order pertaining to Union Home Secretary Govind Mohan's May 2 decision to release 4,500 cusecs of extra water to Haryana. The high court on May 6 directed Punjab to abide by the decision of the meeting held on May 2 under the chairmanship of the Union home secre ...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 >
After the banned CPI (Maoist)'s general secretary Nambala Keshava Rao alias Basavaraju was killed in an encounter between Maoists and security forces on May 22, Union Home Minister Amit Shah reiterated that Naxalism will be eliminated from the country by March 31, 2026. In the Congress-ruled Telangana, however, B Mahesh Kumar Goud, the Telangana Pradesh Congress Committee (TPCC) president, says that the government should not use iron fist to wipe out Maoists but deal with them through "legal and constitutional means". He has urged the Centre to hold "peace talks" with the Maoists and declare ...Read More >
New Delhi, June 6 (UNI) The Supreme Court on Friday declined to grant an urgent hearing to a petition challenging a Bombay High Court order that permitted animal sacrifice near a Dargah located within Vishalgad Fort in Maharashtra's Kolhapur district during the Bakr-Eid celebrations on June 7. The plea, mentioned before a vacation bench comprising justices Sanjay Karol and Satish Chandra Sharma, sought immediate intervention against the June 3 High Court order allowing the ritual sacrifice at the historically protected site. The petitioner's counsel argued that Vishalgad Fort is a notified p ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...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 >