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.
Police said they have recovered 3,096 cans of soft drinks of different brands and a large quantity of biscuits of known brands with altered packaging and stickers. The accused have been identified as Kamal Mudgil , Shivam Singh and Lokesh Kumar . The operation was carried out by the crime branch, Delhi Police said in a statement. "On March 29, information was received that some people were running an illegal setup in the Bamnoli village of Dwarka, where expired or near-expiry food and beverage
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 >
The Reserve Bank of India (RBI) on Friday received the second bomb threat in less than a month. The Reserve Bank of India (RBI) on Friday received the second bomb threat in less than a month, which was reportedly delivered via email in Russian language to the bank's official website. Acting on the bank's complaint, the Mumbai Police launched an investigation and filed a case against an unknown individual at the Mata Ramabai Marg (MRA Marg) police station. The Zone 1 DCP of the Mumbai Police sa ...Read More >
New Delhi: The Enforcement Directorate (ED) on Friday carried out searches at 15 places in Mumbai and Kochi in connection with the Mithi River desilting scam that caused a wrongful loss of more than Rs 65 crore to the Brihanmumbai Municipal Corporation (BMC), official sources said. The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities. According to the sources, the searches are being carried out under the provisions of the Prevention of Money Laundering Act (PMLA) at locat ...Read More >
"He was earlier apprehended by the Central Bureau of Investigation in connection with another fraud case and is currently in judicial custody. "The case was initially registered in January 2017 based on a complaint from a private bank," Deputy Commissioner of Police (Economic Offences Wing) Vikram K. Porwal said in a statement. The bank had alleged that 467 fake Foreign Inward Remittance Certificates (FIRCs) were submitted by 18 account holders - belonging to 17 different firms - at its Naraina ...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: Five men have been arrested for allegedly kidnapping a 30-year-old man in Munirka and attempting to extort money from him while posing as Delhi Police personnel, officials said on Thursday. The accused have been identified as Parvesh (25), a property dealer, Aryaman Chaudhary (22), Ritik Gauhar (23), a freelancer, Dev Anand Yadav (23), a driver and Sharman Rai (22), police said. According to officials, the incident took place around 1.20 am on June 16. The victim, Joshua Hmar (30), filed a complaint at Kishangarh police station, stating that he was abducted by four individuals nea ...Read More >
THANE: In a dramatic rescue operation spanning two states, a four-year-old girl abducted from a construction site in Badlapur West on Tuesday afternoon was safely traced and rescued within 24 hours from a remote village in Madhya Pradesh's Chhindwara district. The child, who lived at the site with her parents and two siblings, was lured away while her mother was at work. The family, originally from another state, resides at the site where her father and uncle are employed as labourers. Her mother works as a domestic help in the locality. According to police officials, the accused -- identifi ...Read More >
Chandigarh, Feb 10 (SocialNews.XYZ) In a major crackdown on fraudulent immigration consultants exploiting innocent individuals, the Special Investigation Team (SIT) constituted by the Punjab Police on Monday said it has taken action to dismantle the multinational human trafficking nexus operating in the region. This action pertains to the Indians who had been deported from the US and had landed in Amritsar. Punjab Police has recorded statements against travel agents who defrauded them with false promises of illegal entry into the US. Acting on complaints from victims, Punjab Police have regi ...Read More >
New Delhi: A surge in sales may be around the corner for some of India's leading packaged consumer goods makers, as cheaper inputs and lower import duties craft a perfect recipe for their next stage of growth. Companies and analysts alike said that falling prices of wheat, maize, barley and oils will help expand volumes, in a change from the recent experience of pricier products driving revenue. On 31 May, the government halved the basic customs duty on crude soybean oil, crude palm oil, and crude sunflower oil to 10%, eight months after raising it from nil to 20%. The move had prompted pack ...Read More >
New Delhi: Delhi Chief Minister Rekha Gupta received a death threat through a phone call made to the Ghaziabad Police Control Room (PCR) late last night, officials said. According to the Ghaziabad Police, the threatening call was made to the PCR on 'Dial 112' helpline at around 11:30 pm on Thursday, but the caller's phone was switched off shortly afterwards as the police tried to reach him. "Following the incident, we informed the Delhi Police and are actively investigating to get more details," Deputy Commissioner of Police (DCP) City, Dhawal Jaiswal, said. He said efforts were also on to ...Read More >
Bengaluru (Karnataka) [India], June 6 (ANI): A complaint has been filed against cricketer Virat Kohli at the Cubbon Park Police Station in connection with the June 4 stampede near Bengaluru's Chinnaswamy Stadium that claimed 11 lives and left dozens injured. The complainant, social activist HM Venkatesh, accused Kohli of promoting what he described as "gambling through IPL," alleging it incited the massive crowd that led to the tragedy. Also Read | PM Narendra Modi's Panch Pran Initiative Inspired by Shivaji Maharaj's Hindavi Swaraj, Says Jyotiraditya Scindia. Police said the complaint will ...Read More >
Bengaluru: Royal Challengers Bangalore team became the IPL champion this time and 11 people died in the stampede that occurred near Chinnaswamy Stadium during this victory parade. Considering this case seriously, the state government has assigned the investigation of the case to the CID. In addition, the police officers themselves have been punished in connection with the incident. In particular, Bengaluru City Commissioner B Dayanand has been suspended, and this is the first time in the history of the police of the state of Karnataka that an ADGP rank officer has been suspended. Bengaluru Ci ...Read More >
New Delhi [India], June 7 (ANI): The Delhi Police have initiated the process to deport 31 Bangladeshi nationals who were living illegally in the North West district of Delhi. The deportation process began on Saturday after the individuals were brought to the Foreigners Regional Registration Office (FRRO) in RK Puram, officials said. Earlier this week, the North West District Police apprehended 18 Bangladeshi nationals who were found residing illegally in the city. The arrests were made during a special operation conducted on Tuesday by the Foreigner Cell unit in the Bharat Nagar police statio ...Read More >
New Delhi [India], June 8 (ANI): Former Delhi Chief Minister Arvind Kejriwal hit out at the BJP government over the death of a nine-year-old girl in the national capital, alleging that it is ruining the law and order situation in the national capital. 'This incident of rape and murder of a 9-year-old innocent girl in Delhi has shocked everyone. BJP has ruined the law and order situation in Delhi, our daughters are not safe even in the four-engine government of BJP. Home Minister Amit Shah and his four-engine government will have to answer. The daughters of Delhi want answers as well as justic ...Read More >
New Delhi: A 29-year-old woman was found murdered in a hotel room in central Delhi's Paharganj on Sunday.Police have arrested a man who has claimed to be in a relationship with the victim and checked into the hotel with her on Saturday.According to investigators, the accused suspected the woman was in a relationship with another person, which may have led to the crime.The deceased was identified as Sarika, while the accused, 31-year-old Sachin, was a resident of north Delhi. Both worked in a cloc ...Read More >
Bhubaneswar, May 28: The additional district and sessions judge (ADJ) court in Patnagarh, Balangir district of Odisha, on Wednesday pronounced the judgment in the sensational parcel bomb case in which a newlywed software engineer, Soumya Sekhar Sahu and his 85-year-old great-aunt, Jemamani Sahu died on February 23, 2018. The 26-year-old Soumya Sekhar's wife, Reema Sahu, 22, also sustained grievous injuries in the blast that shook the whole state as well as the country in 2018. As per the victims' lawyer Chittaranjan Kanungo, the accused Punjilal Meher was awarded life imprisonment by the cour ...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 >
New Delhi: Nearly three weeks after businessman Arun Lohia was fatally shot inside his SUV near Chhatarpur Metro Station in South Delhi, two of the alleged shooters were injured and arrested during a police encounter on the Chirag Delhi-Khanpur stretch on Thursday. Investigations revealed that the killing stemmed from a land dispute. A third suspect was also taken into custody.According to police, the murder took place on May 15. The victim, Arun, a resident of Aya Nagar and owner of several local warehouses, was attacked around 1 pm while returning from Saket Court with his father, Rambir Loh ...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 >
Bengaluru Stampede: Following the tragic stampede outside Chinnaswamy Stadium that claimed 11 lives and injured 47 others, Karnataka IPS officer Seemanth Kumar Singh has been appointed as the new Bengaluru Police Commissioner. The appointment came just hours after Chief Minister Siddaramaiah ordered the suspension of Commissioner B Dayananda and several other senior police officials. Singh, a 1996-batch IPS officer, was serving as Additional Director General of Police (ADGP) of the Bengaluru Metropolitan Task Force. He will now assume the role of ADGP and Commissioner of Police, Bengaluru Cit ...Read More >
New Delhi/Ghaziabad, June 6 (SocialNews.XYZ) Delhi Chief Minister Rekha Gupta's security was beefed up on Friday after a caller issued a death threat by dialling up the police control room in the neighbouring city of Ghaziabad, an official said. The caller, who made the death threat to Delhi Chief Minister, turned off his mobile phone immediately after communicating the message to the PCR at 11 p.m. on Thursday, said Ghaziabad's Deputy Commissioner of Police (City). The inter-state coordination cell of Ghaziabad Police informed the Delhi Police about the death threat call made in connection ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >
Following a stampede at an IPL victory celebration in Bengaluru that resulted in 11 fatalities, Karnataka Chief Minister Siddaramaiah has suspended several top police officials for negligence. A judicial inquiry, led by Justice John Michael D'Cunha, will investigate the incident, along with a CID probe into RCB, KSCA, and DNA Entertainment Networks.Karnataka Chief Minister Siddaramaiah on Thursday announced the suspension of Bengaluru City Police Commissioner B Dayanand, Additional Commissioner ( ...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 >
Delhi Police's North West District Special Staff has arrested a man from Ghaziabad for allegedly threatening to kill Delhi Chief Minister Rekha Gupta, officials said on Saturday. According to officials, the accused, who was under the influence of alcohol at the time, first called to speak to his estranged wife, and later issued a threat to the Chief Minister. He is a law graduate and was reportedly upset after his wife left him. During the investigation, the man allegedly tried to mislead the p ...Read More >
Chandigarh, Jun 27 (PTI) Former Punjab DGP Siddharth Chattopadhyaya on Friday met a team of the Vigilance Bureau which is probing the disproportionate assets case against Shiromani Akali Dal (SAD) leader Bikram Singh Majithia and said he shared his "experience and knowledge" with it regarding the drug case registered against the former minister in 2021. The Vigilance Bureau on June 25 arrested Majithia in a disproportionate assets case allegedly involving the laundering of Rs 540 crore of "drug money". Chattopadhyaya was appointed as the officiating DGP during the then Charanjit Singh Channi ...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 >
Bengaluru, June 6 (SocialNews.XYZ) Four people, including the Royal Challengers Bengaluru (RCB) Marketing Head and DNA Event Management Company staffers, were arrested on Friday in connection with the stampede near the Chinnaswamy Stadium in Bengaluru that claimed 11 lives. Nikhil Sosale, Head of Marketing for RCB, along with Sunil Matthew, Kiran, and Sumanth from DNA Event Management, have been arrested, according to the police. Police said the accused have been arrested in a joint operation at the Bengaluru International Airport. The police have also raided the residences of Karnataka Sta ...Read More >
New Delhi, Jun 7 (PTI) The Delhi Police has stepped up security arrangements across the national capital to maintain law and order and ensure peaceful celebration of Eid ul-Azha on Saturday, an official said. To maintain law and order during festivities, elaborate deployments have been made in sensitive areas, with the Rapid Action Force (RAF), paramilitary forces, and local police teams mobilised. Multiple check posts have been set up across Delhi, and electronic surveillance has been intensified to monitor suspicious activity. A senior police officer said, "Strict vigilance is being maint ...Read More >