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.
Chandigarh, Apr 2 (PTI) The Punjab Vigilance Bureau on Thursday arrested a sub-divisional officer (SDO) of the Punjab State Power Corporation Limited (PSPCL) for allegedly accepting a bribe of Rs 10,000 in Malerkotla district. An official spokesperson said the accused, , Hardeep Singh, was posted at the PSPCL office in Kup Kalan sub-division and was arrested based on a complaint filed by a resident of Bhogiwal village. The complainant alleged that the SDO, during inspection of his house, found
Bhubaneswar: The Vigilance department arrested a junior clerk on Tuesday, a day after she was caught accepting a bribe of Rs 20,000 at the office of the Sub Registrar here. The woman, the junior clerk in the office of the Sub-Registrar of Khandagiri in Bhubaneswar, has been placed under arrest by the Odisha Vigilance department and will be forwarded to the court. "She was arrested for demanding and accepting a bribe of Rs 20,000 from a person for the execution of a registered sale deed (RSD) of subplot," an official statement said. She was detained on Monday and arrested on Tuesday. A case wa ...Read More >
Shimla (Himachal Pradesh) [India], December 11 (ANI): A Bharatiya Janata Party (BJP) delegation, led by senior leaders, met Himachal Pradesh Governor Pratap Shukla recently to submit a comprehensive 106-page memorandum titled "Kachcha Chittha". The document, which alleges rampant corruption and administrative failures in the two years of Congress rule under Chief Minister Sukhvinder Singh Sukhu, aims to hold the state government accountable for what the BJP describes as a period of "unprecedented mismanagement and destruction." Speaking to the media after meeting the Governor, Himachal Prade ...Read More >
NEW DELHI: Delhi chief minister Atishi on Thursday described Aam Admi Party national convenor Arvind Kejriwal as a prominent leader and said he is the first leader who understood the pain of women. "Arvind Kejriwal, the prominent leader, is the first leader in the history of this country who understood the pain of women. The biggest concern for women is that they have to stretch out their hands before a man even for their humble needs. In childhood, it is before their parents, before their spous ...Read More >
Mumbai: The Central Bureau of Investigation (CBI) has arrested a junior engineer working in the office of the Assistant Garrison Engineer (AGE) at the Naval Officers Family Residential Area (NOFRA), in Navy Nagararea of Colaba, for demanding and accepting a bribe of Rs 4.5 lakh from a contractor to clear a pending bill of Rs 40 lakh. About The Case The accused Dinesh Pandey was caught red-handed while accepting the bribe in the presence of AGE RS Thakur. The bribe amount was later recovered from a cupboard in Thakur's chamber. Pandey was produced before a special CBI court and remanded to cu ...Read More >
Bengaluru: The high court has refused to quash proceedings in a rare "reverse trap" bribery case, where a govt officer was caught allegedly returning a bribe to the complainant.Justice M Nagaprasanna dismissed the petition filed by AB Vijaya Kumar, former special land acquisition officer-II of the Karnataka Industrial Areas Development Board (KIADB) and currently a joint director in the department of municipal administration.The case pertains to a complaint filed by one Bhagath Singh Arun, who alleged that Vijaya Kumar demanded Rs 5 lakh to issue a no-objection certificate (NOC) in connection ...Read More >
Chandigarh, June 26 (UNI) The Shiromani Akali Dal today accused Punjab's Aam Aadmi Party (AAP) government of "violating the law" by registering a disproportionate assets case against senior SAD leader Bikram Singh Majithia without holding either a preliminary or regular probe. The SAD also charged the ruling AAP with indulging in "political vendetta to gag" Majithia as well as divert attention from the failure of its 'Yudh Nashean Virudh' drive. Addressing a press conference here, senior leaders Balwinder Singh Bhundar, Maheshinder Singh Grewal and Daljit Singh Cheema alleged the AAP governm ...Read More >
SRINAGAR, Jun 27: The Jammu and Kashmir Anti-Corruption Bureau (ACB) on Friday filed a chargesheet before the Court of Additional Judge Anti-Corruption, Kashmir, against two persons in a bribery case involving a ₹9,000 demand for land record processing. "Jammu and Kashmir Anti Corruption Bureau has filed a charge- sheet under Section 173 Cr.P.C. before the Hon'ble Court of Addl. Judge Anti-Corruption, Kashmir in Case FIR No. 15/2022, against the following accused persons: Jamil Hussain Khan, then Patwari Halqa Baghat-e-shoor, Owanta Bhawan, Soura, Tehsil Eidgah - Charged under Section 7 of th ...Read More >
Patna: Four private power companies -- Adani Power, JSW Energy, Torrent Power and Bajaj Group's Lalitpur Power -- have shown interest in setting up a 2,400-MW thermal power plant at Pirpainti in Bihar's Bhagalpur district, an energy department official said here on Friday. It will be first private sector investment -- a whopping Rs 21,400 crore -- in power sector in Bihar. Under the project, three plants -- each of 800-MW capacity -- will be set up at Pirpainti as part of Tariff-based Competitive Bidding (TBCB) process, for which Bihar State Power Generation Company Limited (BSPGCL), Patna, wi ...Read More >
The financial repercussions of Parliament disruptions are considerable, impacting both public resources and the productivity of the nation's legislative process. However, both the Lok Sabha and Rajya Sabha have cumulatively functioned for merely 2 hours, with daily disruptions and sloganeering resulting in adjournments. The Rajya Sabha faced disruptions today (December 2) as Vice Chairman Jagdeep Dhankhar expressed discontent over sloganeering by Opposition MPs. The protests, which centered around demands for discussions on key issues, forced the Vice Chairman to adjourn the session until 12 ...Read More >
Responding to Pattali Makkal Katchi (PMK) floor leader G.K. Mani, who raised the issue in the House, Mr. Stalin said, "Adani did not meet me nor did I meet him." Tamil Nadu Chief Minister M.K. Stalin on Tuesday (December 10, 2024) told the State Assembly that he had not met Adani Group chairman Gautam Adani, dismissing rumours about the conglomerate's alleged links to the State. Responding to Pattali Makkal Katchi (PMK) floor leader G.K. Mani, who raised the issue in the House, Mr. Stalin said, ...Read More >
Mumbai, Jun 6 (PTI) A special CBI court on Friday remanded a junior engineer at Garrison Engineer office in Mumbai's Navy Nagar to police custody till June 9 in a bribery case. Dinesh Pandey was arrested by the Central Bureau of Investigation on Thursday for allegedly accepting a bribe of Rs 4.5 lakh from a contractor to clear a building repair bill. The CBI told court Pandey was caught red-handed and the bribe amount of Rs 3.4 lakh was recovered from a cupboard in his office in Naval Officers Family Residential Area (NOFRA) here. The CBI sought five-day custody of Pandey citing the need to ...Read More >
Mumbai: Markets regulator Securities and Exchange Board of India (Sebi) on Friday issued a corrigendum to its 28 May order in the alleged insider trading case involving IndusInd Bank, clarifying that the words "board note" should be read as an "engagement note signed by the chief financial officer and noticee numbers one and two." "Noticee numbers one and two" are former deputy chief executive Arun Khurana and former chief executive officer (CEO) Sumant Kathpalia. Also read: RBI governor Malhotra says IndusInd Bank doing well, shares jump 5% On 28 May, Sebi cracked the whip on former top ex ...Read More >
Mumbai, Jun 26 (PTI) Several benches of the Bombay High Court have recused from hearing HDFC Bank CEO and MD Sashidhar Jagdishan's plea to quash an FIR of cheating and fraud registered against him on a complaint filed by the Lilavati Kirtilal Mehta Medical Trust. While some judges cited having worked with either the Trust or the lawyers appearing for it, one judge on Thursday voluntarily disclosed that he held few shares of the HDFC Bank. Senior counsel Amit Desai appearing for Jagdishan said they do not have an objection with the same but counsel Niteen Pradhan appearing for the Trust took ...Read More >
Bigg Boss 18: Shilpa Shirodkar is termed 'biggest backstabber' after Vivian Dsena... Deepak Kalal fights with passenger in flight? Know the truth behind viral video Delhi court fixes Nov 28 for hearing former CM Arvind Kejriwal's plea over sanction copy in... Where will the Champions Trophy 2025 be played? ICC to take final call on THIS date Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan recalls telling Amitabh Bachchan he made 'big mistake' by... Deepinder Goyal's Zomato opens Rs 8500 crore QIP share sale, sets floor price at Rs... Delhi Capitals co-owner pens emotional fare ...Read More >
Bengaluru, Dec 15 (VOICE) Former Minority Commission Chairman Anwar Manipaddy on Sunday refuted the bribery charge levelled by Chief Minister Siddaramaiah, saying the Congress leaders have been offering him bribes to suppress the Waqf encroachment report. CM Siddaramaiah on Saturday alleged that BJP state president B.Y. Vijayendra "tried to bribe" the former Minority Commission Chairperson during the previous government with Rs 150 crore to suppress a probe into the Waqf property encroachment. Speaking to the media, Anwar Manipaddy stated that if Chief Minister Siddaramaiah has any genuine co ...Read More >
Also Read | Sambhal sparks rift: INDIA bloc allies face leadership turmoil? "Multiple encroachments are being seen around the area," Sambhal DM Rajendra Pensia told ANI. Pensia said, "There was encroachment on roads, sewers, water bodies, and that too for a long time. We are undertaking an 'abhiyan' (drive) to fix it. We launched a campaign in Chandausi and we had decided we would start the campaign here in November. But we could not start." The DM stated the anti-encroachment drive will conti ...Read More >
Pakyong (Sikkim) [India], June 6 (ANI): As part of the ongoing evacuation efforts in response to the recent disaster in North Sikkim, the first helicopter sortie of the day took off early this morning from Pakyong Greenfield Airport towards Chaten to rescue stranded tourists, according to an official statement. The Mi-17 helicopters are carrying essential supplies for Army personnel stationed in and around the Chaten area. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for June 06, 2025 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game. The opera ...Read More >
New Delhi, Jun 8 (PTI) A Kerala businessman, who recently levelled corruption charges against an ED officer posted in the state, has recorded his statement with the central agency where he is understood to have denied knowing or having any evidence against the said investigator, official sources said Sunday. The businessman, Aneesh Babu, deposed before the Enforcement Directorate in Delhi on June 6 and his statement was recorded under audio-visual camera by the agency as per the provisions of section 50 of the Prevention of Money Laundering Act (PMLA). Such a statement made under the anti-mo ...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 >
New Delhi, Jan 27 (UNI) Aam Aadmi Party (AAP) has released its manifesto for the next month Assembly election with 15 guarantees, including employment and the women's dignity scheme. While releasing the manifesto on Monday, AAP's national convener and former Chief Minister Arvind Kejriwal said, "Kejriwal's guarantees are solid," emphasising that free electricity for 24 hours, free water, free education, free pilgrimage for senior citizens, free bus travel for women, and free medical treatment in hospitals and Mohalla Clinics will continue in Delhi. He alleged, "BJP leaders and spokespersons ...Read More >
Lucknow: Central Bureau of Investigation (CBI) apprehended Rehmat Ali, a recovery agent with Prathma UP Gramin Bank in Rampur, for allegedly demanding and accepting a bribe of Rs 20,000 from a complainant.According to officials, CBI registered case on Jun 4, against Ali and unknown public servants based on allegations that the accused demanded illegal gratification to facilitate the processing of a Rs 4 lakh insurance claim. Ali reportedly assured the complainant that he could influence the bank's branch manager to expedite the claim in return for the bribe. Following verification of the compl ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >
Mumbai: The Brihanmumbai Municipal Corporation (BMC), considered the richest civic body in the country, tabled its budget of Rs 74,427 crore for 2025-26 at its headquarters in Mumbai on Tuesday. The additional municipal commissioners presented the budget to BMC commissioner Bhushan Gagrani, the state-appointed administrator. BMC is currently run by an administrator since the term of the corporators ended on March 7, 2022. This is the third year of the budget being presented to the administrator, in deviation from the norm where the municipal commissioner presents the budget to the standing co ...Read More >
The agency has now moved a fresh plea for their remand in the court, saying the duo need to be interrogated about alleged involvement of other senior officials of NCLT in the bribery case. The CBI has approached a city court seeking custody of deputy registrar of the National Company Law Tribunal (NCLT), Mumbai bench, arrested for allegedly demanding and accepting a bribe of Rs 3 lakh from a businessman for helping to favourably settle ownership dispute of a hotel. The CBI on May 29 arrested de ...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, Feb 3 (PTI) The BJP on Monday assailed the AAP government over water "crisis" in south west Delhi's Bijwasan, highlighting the water pipes being supplied to the homes of the locals through electric poles and influence of water mafia in the area. BJP national spokesperson Sambit Patra during his visit to Bijwasan said there was severe water crisis in the area and the tangled web of pipes of water on the electricity poles expose the 10 year "misrule" of the AAP. "I have travelled across India and many cities around the world but this sight of water flowing through pipes hanging from ...Read More >
JAMMU, June 5: The Anti-Corruption Bureau (ACB) today arrested a Deputy Forester and a Forest Guard red-handed for demanding and accepting a bribe of Rs 11,000 from a complainant in the Kalidhar Range of Chowki Choura Block. An ACB official said the officials-Surinder Kumar, then posted as Deputy Forester, and Kewal Krishan, then Forest Guard-had demanded a total bribe of Rs 14,000 for the release of an additional CDR related to the construction of 126 boundary pillars in Compartment number 12/K, Nada Chargiyal Forest. According to him, the work had been allotted under e-NIT number 27 of 202 ...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 >
Government official caught taking Rs 1.5 lakh bribeLokayukta police laid trap after complaintSurvey supervisor arrested, probe on A senior official of the Karnataka Industrial Areas Development Board (KIADB) was caught red-handed on Friday for allegedly accepting a bribe of Rs 1.5 lakh, officials confirmed. The accused, Narendra Kumar (51), who serves as a survey supervisor at KIADB Bengaluru, was arrested following a trap laid by Lokayukta police. The investigation was initiated after a compl ...Read More >
NEW DELHI: In a dramatic turn of events, Canadian PM Mark Carney called PM Modi and invited him for the G7 summit that begins eight days from now at Kananaskis in Alberta. Modi accepted the invitation and said he was looking forward to meeting him at the summit.The announcement by Modi on X followed almost a week of suspense over his participation because of a lack of invitation, drawing barbs from the opposition about his possible exclusion from the summit. India is not a member of G7 but Modi has been invited for all summits since 2019. Modi congratulated Carney on his poll win and thanked h ...Read More >