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 Rains: With local train delays and severe road congestion already troubling commuters, the situation has worsened as a section of the newly launched Mumbai Metro Line 3 has been temporarily suspended. Metro Line 3 will not be operational between Worli and Acharya Atre Chowk until further notice. The arrival of the Southwest Monsoon in Mumbai has brought with it chaos and disruption across the city. With local train delays and severe road congestion already troubling commuters, the situation has worsened as a section of the newly launched Mumbai Metro Line 3 has been temporarily suspended. According to officials, Metro Line 3 will not be operational between Worli and Acharya Atre Chowk until further notice. Visuals circulating on social media show significant waterlogging at Acharya Atre Chowk in Worli, prompting authorities to halt train services on this stretch as a safety measure. However, services between Aarey JVLR and Worli are continuing to run smoothly. In a statement, the Mumbai Metro Rail Corporation (MMRC) explained, "Due to sudden and intense rainfall, water seepage was reported at the under-construction entry/exit structure of Acharya Atre Chowk station, located along Dr. Annie Besant Road. The incident occurred after the RCC water-retaining wall at the entry/exit collapsed due to a sudden ingress of water from an adjoining utility." The MMRC further clarified that the affected portion is still under construction and not accessible to the public. "As a precautionary measure, and to ensure passenger safety, train services between Worli and Acharya Atre Chowk have been temporarily suspended," the statement read. "However, services from Aarey JVLR to Worli remain unaffected and are operating as usual." The incident has sparked criticism and ridicule on social media, with many users expressing their disappointment over the disruption in a newly launched public transport system. In response, officials assured that restoration work is underway and that services will resume shortly. "Our engineering and safety teams are on-site and working on a war footing to address the issue," the MMRC said. "We deeply regret the inconvenience caused to our commuters and request their patience and cooperation. Safety remains our highest priority, and services will resume only after all systems are fully secure and operational." Mumbai Metro Line 3, also known as the Aqua Line, is operated by the MMRC -- a government-controlled but privately managed entity. The first phase of the line, connecting Aarey JVLR to BKC, was launched earlier. The second phase, extending from BKC to Acharya Atre Chowk, was inaugurated on May 10, 2025.
NEW DELHI: Centre is likely to build a new 6-7 km Metro line from Indraprastha station to North Block, connecting Bharat Mandapam, C Hexagon at India Gate, Kartavya Path, Central Secretariat, and the proposed Yuge Yugeen Bharat Museum at the North and South Blocks. The underground corridor will provide connectivity to all the 10 proposed govt buildings along the Kartavya Path and India Gate, Delhi's most popular tourist spots. Sources said the proposed stretch will be an extension of the 12.3 km Inderlok-Indraprastha Metro corridor (Green Line), which was approved by the Union cabinet in Mar ...Read More >
Bengaluru: In a significant milestone for Bengaluru's public transport system, the Bengaluru Metro Rail Corporation Limited (BMRCL) registered its highest-ever single-day ridership on June 4, with a record 9,66,732 commuters utilizing Namma Metro services. The achievement highlights the growing reliance on the metro as the city's primary mode of travel. The surge in passenger numbers was witnessed across various metro lines, with Line 1 accounting for 4,78,334 commuters and Line 2 seeing a ridership of 2,84,674. The Kempegowda Interchange Station (KGWA) at Majestic, one of the city's busiest ...Read More >
Gandhinagar (Gujarat) [India], July 15 (ANI): The National Highways Authority of India (NHAI) has announced the temporary suspension of toll collection on a 28.71 km stretch of the Amritsar-Jamnagar Expressway (NH-754K), owing to essential repair work currently underway. This stretch falls under Package-4 of the Sanchore-Santalpur section of the expressway, a key infrastructure link being developed under the ambitious Bharatmala Pariyojana. According to the official statement, the toll suspension will be effective from 8:00 AM on July 15 and will remain in place until the completion of the on ...Read More >
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to the allegations to NCW officials. Officials said further steps will be considered after reviewing his ...Read More >
Kanpur (UP), May 28 (PTI) Prime Minister Narendra Modi will lay the foundation stone and inaugurate multiple development projects worth about Rs 20,900 crore here on Friday to boost the region's infrastructure and connectivity, an official statement issued here said. He will launch Chunniganj Metro Station to Kanpur Central Metro Station section of the Kanpur Metro Rail Project worth more than Rs 2,120 crore. It will include 14 planned stations with five new underground stations integrating key city landmarks and commercial hubs into the metro network. Besides, he will also inaugurate road-w ...Read More >
CPI(M) leader Tikender Singh Panwar has urged police action against NHAI officials over recurring landslides and traffic disruptions on the Shimla-Chandigarh road. Panwar highlights criminal neglect in highway construction, impacting local farmers and commuters, with no proper response to his previous complaint in July 2023. Shooting stones and debris continue to plague the Shimla-Chandigarh road in Himachal Pradesh, leading to massive traffic jams and public distress. CPI(M) leader Tikender Sin ...Read More >
Mumbai: Plans are underway to connect India's first underground bullet train station at Bandra Kurla Complex (BKC) with two metro rail lines and other buildings and commercial complexes around it, said officials. There will be an underground tunnel with a travelator connecting the bullet train station to the Kotak-BKC station of the underground metro Line-3 (Cuffe Parade to Array Colony), and a foot over bridge (FOB) linking it to the IL&FS station on the under-construction Metro Line-2B (DN Nagar to Mandale). The linking initiative is a part of the larger multi-modal integration (MMI) aiming ...Read More >
Lucknow, Jul 14 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Monday said the state's health services must be made future-ready to keep pace with global advancements and effectively respond to emerging challenges. He was speaking at the foundation stone laying and inauguration ceremony of various health projects worth Rs 1,000 crore at King George's Medical University (KGMU) here. Deputy Chief Minister Brajesh Pathak, who also holds the Health portfolio, and Medical Education Minister Mayankeshwar Sharan Singh were present on the occasion. The chief minister said institutions like K ...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: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
NEW DELHI: The much-awaited monsoon, originally forecast for June 25, finally made its dramatic entry into Delhi-NCR on Saturday afternoon. As dark, brooding clouds swept across the skies, several parts of the region were drenched in heavy showers, bringing much-needed relief from the scorching heat. The spell of rain, accompanied by gusty winds and thunderstorms, brought the city to life -- and briefly to a standstill -- as the first real signs of the season washed over the capital. Delhi remains under an orange alert, which, as per IMD's colour code, means "be prepared." Following the down ...Read More >
Shimla: The Shimla Meteorological Centre on Sunday issued a "red alert" for downpour in 10 districts of Himachal Pradesh while services on the Shimla-Kalka rail line were suspended after boulders and trees fell on the tracks following overnight rains. A landslide near Koti on the Shimla-Kalka National Highway (NH-5), connecting Shimla and Chandigarh, damaged some stretches of the road, resulting in a two to three-km-long traffic jam for hours. Solan Superintendent of Police (SP) Gaurav Singh on Sunday said two-way traffic has been restored near Chakki mod on NH 5 which was damaged due to lan ...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 >
Gandhinagar (Gujarat) [India], July 7 (ANI): Gujarat Chief Minister Bhupendra Patel has directed that all damage to highways, as well as rural and urban roads, caused by heavy monsoon rains, be repaired on a priority basis and restored to their original condition without delay, the Chief Minister's Office (CMO) said in a press release. In a high-level meeting, the Chief Minister emphasised that road networks--crucial for development and daily public transportation--must not remain damaged due to heavy rainfall, and that immediate repairs should be undertaken to ensure their continued operatio ...Read More >
Mumbai, Jul 9 (PTI) Rejecting criticism over financial prudence for presenting supplementary demands of Rs 57,509 crore just three months after presenting the budget, Maharashtra Deputy CM Ajit Pawar on Wednesday said the state's economic position is robust and fiscal parameters are fine. He said the additional funds would primarily be spent on the Centrally-sponsored development schemes, infrastructure projects, and statutory grants, which will contribute to enhancing the state's productive assets. The Maharashtra government tabled supplementary demands of Rs 57,509.71 crore in the state le ...Read More >
Mumbai Rains: As the monsoon is at its peak, Mumbaikars are suffering due to flooding, traffic jams, and waterlogging. Due to severe rainfall, there may be flight disruptions at Mumbai airport, leading to delays in flight schedules, according to an advisory issued by airline IndiGo on Tuesday, July 15. Meanwhile, the India Meteorological Department (IMD) has issued an alert for multiple Maharashtra districts for heavy rainfall. The Indian airline has asked its travellers to prepare for some potential delays in their flight status because of Mumbai rains and low visibility. The airline had als ...Read More >
Bengaluru: After facing roadblocks several times, Bengaluru's much-waited Namma Metro Yellow Line is all set to begin operations on January 6. Once operational, the metro line that connects RV Road to Bommasandra will be a crucial addition to the city's metro network as it links Electronics City, a hub for major companies like Infosys and Biocon. Confirming the updates, Lok Sabha MP from Bengaluru South Tejasvi Surya on Thursday said that the first train is ready and will be dispatched to Bengaluru in the first week of January. "We now have the first train ready to be dispatched to Bengaluru ...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 >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
NEW DELHI: Signalling the government's intent to move ahead with the impeachment motion of Allahabad High Court judge Justice Yashwant Varma, Union Minister Kiren Rijiju on Thursday said that main opposition parties have given their in-principle approval to support the motion in the upcoming monsoon session scheduled for July21-August 21. Rijiju said that the government is yet to decide whether the motion would be brought in the Lok Sabha or the Rajya Sabha. For the Lok Sabha, signatures of a minimum 100 MPs is required. The requirement is the support of at least 50 MPs in the Rajya Sabha. H ...Read More >
Mumbai: Arkade Developers Limited, a listed real estate company on the BSE and NSE, has signed a binding agreement to acquire Filmistan Pvt Ltd for around Rs 183 crore. This acquisition gives Arkade control of the iconic 4-acre Filmistan Studios land parcel located on SV Road in Goregaon West, Mumbai. The company plans to launch an ultra-luxury residential project on the site in calendar year 2026, featuring spacious 3, 4, and 5 BHK homes along with exclusive penthouses. The development will include two 50-storey high-rise towers, with a Gross Development Value (GDV) projected at Rs 3,000 cro ...Read More >
BENGALURU: Bengaluru South MP Tejasvi Surya has moved the Karnataka High Court against the state government and Bangalore Metro Rail Corporation Ltd (BMRCL), accusing them of "suppressing" the Metro Fare Fixation Committee (FFC) report that recommended a significant fare increase. Surya stated on Sunday that his writ petition is scheduled for hearing on Monday. Calling the government's actions "arbitrary and opaque", Surya questioned the decision to keep the FFC report confidential. He criticised the committee for making broad recommendations and going on international study tours funded by t ...Read More >
Delhi weather today: The weather in Delhi-NCR brought a big change as heavy rain lashed the region early Monday morning. The downpour came as a huge relief from the recent days of scorching heat and high humidity. For many residents, the cooler temperatures and fresher air came as a welcome break. However, the sudden rainfall also led to waterlogging in several low-lying parts of the city. The Delhi weather system impacted not just the capital but also nearby cities such as Gurgaon, Noida, Ghaziabad, and Faridabad. People in these areas reported heavy to very heavy showers, strong gusty winds ...Read More >
Samastipur (Bihar) [India], July 8 (ANI): In a continued effort to modernise and upgrade railway infrastructure in Bihar, Union Minister for Railways Ashwini Vaishnaw on Monday laid the foundation stone and inaugurated several key projects worth Rs 17.30 crore at Karpoorigram Station under the Samastipur division. At the outset, Vaishnaw inspected the Digha Bridge Halt and thoroughly reviewed passenger amenities, safety, cleanliness, platform condition, drinking water, lighting, and security arrangements, according to a statement from the Ministry of Railways. He directed officials to work t ...Read More >
New Delhi [India], July 14 (ANI): Delhi experienced a fresh spell of rain on Monday, making the weather pleasant in the national capital. Areas including Chirag Delhi, Teen Murti Marg and Safdarjung Road witnessed showers; meanwhile, heavy waterlogging occurred at the Badarpur border between Delhi and Faridabad. Meanwhile, in Noida, massive traffic congestion was witnessed following rainfall in the region. As a fresh spell of rains occured in the national capital on Monday morning, the India Meteorological Department forecastt moderate to heavy rainfall in the entire Delhi and NCR on July 1 ...Read More >
Mumbai: Ports minister Nitesh Rane said the Radio Club jetty project will be taken forward as per Bombay High Court orders. Nearly 20% of the jetty work has already been completed and the facility will become operational by May next year, Rane told reporters in the Vidhan Bhavan premises."The proposed Radio Club Jetty project near Mumbai's Gateway of India received the green light from the Bombay High Court. The court dismissed all three petitions filed against the project and issued clear direct ...Read More >
Guwahati, Jul 15 (PTI) Congress president Mallikarjun Kharge and Leader of Opposition in Lok Sabha Rahul Gandhi will visit Assam on Wednesday during which they will interact with party functionaries of the state. State Congress chief Gaurav Gogoi said the district, block and mandal presidents of the party will be able to present their views before its top leadership during Kharge and Gandhi's visit. Also Read | Did Lucknow Court Judge Take Selfie With Rahul Gandhi During Hearing of Indian Army 'Defamation' Case? BJP's Amit Malviya Found Fake in Fact Check. "I look forward to welcoming Shri ...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 >
Ranchi: The long awaited Ratu road flyover was inaugurated by Union minister of road transport and highways Nitin Gadkari on Thursday. The 4.18 km long, four-lane project has been built at a cost of Rs 560 crore. Once opened for traffic movement, the flyover will boost the city traffic by doing away with the perennial traffic congestion at Ratu road. Besides inaugurating the flyover, Gadkari also laid the foundation stone for two new flyover projects at the OTC ground in the evening. Various MPs, state transport minister Deepak Birua among others were present on the occasion.Calling the newly ...Read More >
Patna (Bihar) [India], July 8 (ANI): Bihar cabinet on Tuesday approved 43 schemes and projects, including the formation of the Bihar Youth Commission, 35 per cent reservation for women native to the State and Rs 100 diesel subsidy for farmers. Bihar Chief Secretary S Siddharth said, 'Today, 43 agendas have been stamped in the Council of Ministers, in which the most important agenda is the formation of the Youth Commission. This commission is related to the youth of 18-45 years, which will have one chairman, two vice-chairmen and seven members.' 'The beneficiary group related to this includes ...Read More >