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.
Bhubaneswar, Apr 5 (PTI) The East Coast Railway (ECoR) on Sunday said that its revenue generation will remain unaffected even after the transfer of Palasa-Ichchapuram section to the South Coast Railway (SCoR). The ECoR issued this clarification after all opposition political parties in Odisha, including BJD and Congress, announced that they would jointly protest the Railway Board's decision to transfer the Palasa-Ichchapuram section to the SCoR. The ECoR in a statement said that Palasa-Ichchapuram Section (about 50 km) consists of 7 stations - Palasa, Summadevi, Mandasa Road, Baruva, Sompeta, Jhadupudi and Ichchapuram. All these stations are situated in Srikakulam district of Andhra Pradesh, and none of these stations is located within Odisha. It said that all these stations are small to mid-sized stations handling primarily passenger traffic. None of them is a major freight loading point, the ECoR said and claimed that its revenue remains unaffected. It said that the freight traffic (trains transiting through these stations en route) will continue uninterrupted regardless of which zone's jurisdiction the stations fall under. Railway operations are seamless across zonal boundaries, it said. The ECoR also further clarified that there will be no disruption to train services. All existing trains, including Palasa-Bhubaneswar, Palasa-Cuttack, and Ichchapuram-Cuttack MEMU/passenger services will continue to operate without any change in schedule, route, or frequency, it said. Describing the present decision based on a technical revision to ensure smooth functioning of the passenger services in the Vishakapatnam division, the ECoR said the modalities of the transfer, including staff deployment, are being finalised between ECoR and SCoR. The interests and service conditions of all railway employees will be fully protected as per established norms, it said. PTI AAM AAM RG
BJP member Manas Dutta blamed the previous BJD government and held it responsible for not extending their service agreement which ended in April, 2024. As hundreds of women working as support staff under the Mission Shakti department staged a demonstration outside the Assembly over different issues, the opposition BJD on Monday demanded immediate release of their salaries. While the agitating women were shouting slogans at the Mahatma Gandhi Road leading to the Assembly, the issue was raised in ...Read More >
Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. "Large-scale illegal stone mining is taking place in the hills of Karbi Anglong in violation of the Supreme Court order. The SC had banned mining in and around K ...Read More >
Bhubaneswar: Opposition BJD and Congress MLAs Tuesday staged a walkout from the Odisha assembly, accusing the ruling BJP of failing to control prices of essential commodities and resolve the potato crisis in the state. The issues were debated in the House over the admissibility of an adjournment motion moved by the Opposition on price rise of vegetables, pulses, edible oil and fuel. The opposition members took exception to comments made by Food Supplies and Consumer Welfare Minister K C Patra that adverse climate conditions, rates in international and domestic markets, and less production by ...Read More >
Bhubaneswar: The Odisha Assembly on Tuesday witnessed a noisy scene as Opposition BJD and Congress members held protests inside the House over alleged non-payment of salaries to around 60,000 women supporting staffers under the 'Mission Shakti' scheme. Leader of Opposition Naveen Patnaik accused the BJP government of "conspiring to stop" salaries of the 'Mission Shakti' staff. As soon as the Question Hour began, the BJD and Congress members trooped to the well of the House and demanded immediate release of salaries of around 60,000 women supporting staff working under the 'Mission Shakti' sch ...Read More >
Puri, Jun 29 (PTI) At least three persons, including two women, were killed and around 50 others injured in a stampede near Shree Gundicha Temple in Odisha's Puri on Sunday morning, officials said. The incident took place around 4 am when hundreds of devotees gathered near the temple to witness Rath Yatra festivities, Puri District Collector Siddharth S Swain said. The injured have been admitted to a nearby hospital, and the condition of six people is critical, he said. "Out of the 50 injured, six people are still unconscious and their condition is very serious," an official of the medical ...Read More >
Bhubaneswar: The ruling BJP on Tuesday reappointed Manmohan Samal as its Odisha unit president. Samal's reappointment to the post was announced by BJP's central election observer Sanjay Jaiswal in the presence of senior leaders at the party's State headquarters. He was the lone leader to file the nomination for the post and, therefore, elected unopposed, Jaiswal said. This will be Samal's second consecutive term and fourth term in all. His earlier three terms were from November 1999 to October 2000, October 2000 to May 2004 and March 2023 to July 2025. Congratulating Samal following his re-e ...Read More >
Bhubaneswar, Jul 10 (PTI) Members of the Biju Mahila Janata Dal on Thursday staged a protest here demanding the arrest of BJP MLA Santosh Khatua for allegedly making "derogatory" remarks against senior BJD leader and general secretary Lekhasri Samantsinghar. Led by BJD's chief whip and senior vice-president Pramila Mallik, members of the women's wing of the party took part in a 'Swabhiman' (pride) rally from Rajmahal Square to Master Canteen Square, where they also burnt an effigy of the BJP legislator. Also Read | Gay Dating App Racket in Hyderabad: 65-Year-Old Man Trapped, Filmed and Extor ...Read More >
Puri: At least three persons, including two women, were killed and around 50 others injured in a stampede near Shree Gundicha Temple during Odisha's Puri Jagannath Rath Yatra on Sunday morning, June 29, officials said. The incident took place around 4 am when hundreds of devotees gathered near the temple to witness Rath Yatra festivities, Puri District Collector Siddharth S Swain said. The injured have been admitted to a nearby hospital, and the condition of six people is critical, he said. "Out of the 50 injured, six people are still unconscious and their condition is very serious," an off ...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 >
Shimla: Heavy rains lashed Himachal Pradesh on Sunday, triggering landslides and flash floods and blocking more than 100 roads, even as the weather department issued a red alert.A landslide at Chakki Mod near Parwanoo blocked the Chandigarh-Shimla highway for hours, resulting in a massive traffic jam Sunday morning. The local administration had to divert traffic through the Jangeshu link road until the landslide debris was cleared at Chakki Mod.The traffic was first restored one-way and later two-way, but the traffic jam continued on both sides of the highway throughout the day due to slow veh ...Read More >
Bhubaneswar (Odisha) [India], July 11 (ANI): Congress MP Rahul Gandhi Friday accused Election Commission of India of hatching a conspiracy for chunav chori (election theft) in Bihar, referring to poll-body decision to revise electoral rolls in the state ahead of assembly election there. Addressing Samvidhan Bachao Samavesh in Bhubaneswar, Rahul Gandhi said that ECI is working as a BJP wing and alleged that similar attempts to steal election are being made in Bihar just like they were made in Maharashtra. BJP is attacking the constitution. Yesterday I was in Bihar. Just like chunav chori was ...Read More >
Kolkata/Bhubaneswar: Trinamool Krishnanagar MP Mahua Moitra tied the knot with former BJD MP Pinaki Misra on May 30 in a quiet ceremony in Berlin. The couple is expected to return to India by the end of June. After photographs of Moitra's wedding went viral on social media, the MP on Thursday evening posted on her X handle, "Thank you everyone for the love and good wishes!! So grateful."News of the wedding, kept under wraps for nearly a week, broke on social media with multiple photographs of the Berlin wedding. According to party sources, Moitra had informed the party leadership about her wed ...Read More >
Digha: A day after Rath Yatra, the festive fervour continues in Digha as the seaside town is now gearing up to host Ulta Rath or the return journey of the deities from the 'Masir Bari' or the old Jagannath temple. On July 5 -- the Ulta Rath day -- hotels are hoping for fresh tourist influx. Though the deities are currently in Masir Bari, a large queue of devotees visited the newly-constructed Jagannath temple on Saturday. They offered prayers to the stone idol permanently installed there. It is the wooden idols of Jagannath, Balaram and Subhadra that have taken the chairot rides. Bipradash Cha ...Read More >
Bhubaneswar, Jun 30 (PTI) Concerned over the death of three persons and injury of about 50 people in a stampede during the Rath Yatra festival in Puri, the Odisha Human Rights Commission (OHRC) on Monday asked the district administration and the police to take appropriate measures to prevent occurrence of similar incidents in the future. While taking up a petition pertaining to the tragic incident that sparked a statewide outrage, the rights panel served notices on the Puri District Collector and Superintendent of Police (SP) to inform the OHRC about what actually led to the stampede despite ...Read More >
Balasore (Odisha), Jul 12 (PTI) A woman student of a college in Odisha's Balasore district, who had lodged a sexual harassment complaint against a teacher, on Saturday allegedly set herself on fire on the institute's campus and sustained 90 per cent burn injuries, police said. Another male student, who attempted to save her, also suffered injuries and both were rushed to the district headquarters hospital here. Later, she was referred to AIIMS Bhubaneswar for advanced treatment. A 12-member doctors' team has been formed to take care of the injured woman student, police said. The incident to ...Read More >
New Delhi, Jul 13 (PTI) Billionaire Anil Agarwal's mining conglomerate Vedanta Ltd nearly quadrupled its donations to the ruling Bharatiya Janata Party (BJP), contributing Rs 97 crore in the fiscal year ending March 2025, according to its latest annual report. Under "Miscellaneous Expenses', Vedanta detailed the political donations as well as the management and brand fee expenses it paid to its parent, London-listed Vedanta Resources Plc. Also Read | Kota Srinivasa Rao Dies at 83: Andhra Pradesh CM Chandrababu Naidu Condoles Demise of Veteran Actor, Says 'He Will Forever Stay Etched in Heart ...Read More >
Bhubaneswar, July 13 (UNI) The self-immolation bid by undergraduate girl student after her complaint of prolonged sexual harassment by a teacher was not addressed to in a government-run autonomous college in Odisha's Balasore district has triggered a massive political controversy, even though the accused teacher has been arrested and government has constituted a probe committee. The unsavory episode, which brought to the fore unsafe campus environs for girl students in higher educational institutions, severely damaged the government's image keeping in view the fact the State has witnessed spu ...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 >
Bhubaneswar: Leader of opposition and BJD president Naveen Patnaik on Sunday termed the stampede in Puri as a glaring incompetence by the govt in crowd management, while Congress attributed it to undue favour shown to BJP workers to gather around chariots."Today's stampede, occurring just a day after the abysmal failure of crowd management during the Rath Yatra that left hundreds injured, exposes the govt's glaring incompetence in ensuring a peaceful festival for devotees," Naveen wrote on X.Quoting eyewitness reports, he added that the initial response to the tragedy came from the devotees' r ...Read More >
Bhubaneswar, July 11 (UNI) Congress leader Rahul Gandhi today launched a scathing attack on the BJP government in Odisha, accusing it of handing over the state's land, water, forests, and other resources to a handful of billionaires, including Adani and Ambani. Addressing a 'Sambidhan Bachao' rally at the Baramunda Ground here, Gandhi alleged that the current government does not belong to the people, but to industrialists like Adani and a few other billionaires who, he claimed, are now running the state government. "This government has handed over land, mines, forests, and water to just four ...Read More >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >
Bhubaneswar (Odisha) [India], July 2 (ANI): The Bhubaneswar Municipal Corporation (BMC) has strongly condemned the assault on its Additional Commissioner Ratnakar Sahoo by a group of individuals. BMC Commissioner Rajesh Prabhakar Patil expressed shock over the incident and assured strict action against those involved. "The incident occurred yesterday while Mr Sahoo was attending to public grievances. We all condemn this ghastly act. An FIR was immediately lodged, and three people have been arrested. We have spoken to senior police officials and want stern action to be taken against the culpri ...Read More >
Bhubaneswar: Congress MP Rahul Gandhi Friday accused Election Commission of India of "hatching a conspiracy" for "chunav chori (election theft)" in Bihar, referring to poll-body's decision to revise electoral rolls in the state ahead of assembly election there. Addressing Samvidhan Bachao Samavesh in Bhubaneswar, Rahul Gandhi said that ECI is "working as a BJP wing" and alleged that similar attempts to "steal election" are being made in Bihar just like they were made in Maharashtra. "BJP is attacking the constitution. Yesterday I was in Bihar. Just like 'chunav chori' was done in Maharashtra ...Read More >
A tragic stampede occurred at the Gundicha Temple in Puri. Three devotees lost their lives early Sunday morning. The incident took place amidst a large gathering. Devotees had assembled to view the deities. Eyewitnesses reported vehicles triggered the panic. Police response is under scrutiny. Authorities have suspended officials and announced compensation. An investigation into the incident is underway. Three devotees lost their lives early Sunday morning in a stampede outside the Gundicha Temple ...Read More >
Puri Rath Yatra stampede: Following the death of three people and injuries to 50 others in the stampede during the Jagannath Rath Yatra in Puri on Sunday, Odisha CM Mohan Majhi ordered the transfer of district collector, SP and suspended two DCPs. The Odisha government also announced ₹25 lakh ex-gratia each to the next of kin of the deceased. Sunday's tragedy reportedly marks the first time that such a fatal incident has occurred near the Gundicha Temple during Rath Yatra. Some eyewitnesses also told news agencies that there were lapses in crowd management. The stampede occurred around 4 am ...Read More >
Puri, Jun 29 (PTI) Three persons, including two women, were killed and over 50 others injured in a stampede near Shree Gundicha Temple in Odisha's Puri early Sunday during a ceremony related to the ongoing Rath Yatra festivities, officials said. The incident took place around 4.20 am when thousands of devotees had gathered near the chariots parked in front of the temple, they said. The injured have been admitted to a nearby hospital where the condition of six people is stated to be critical. The Gundicha Temple, located around 3km from the 12th century shrine, is the aunt's house of Lord Jag ...Read More >
Berhampur: Police on Thursday arrested three more persons for their alleged involvement in the physical torture of two Dalit persons near Singipur under Dharakote police station limits in Ganjam district on June 26.The National Human Rights Commission (NHRC) also took suo motu cognizance of the incident and sought reports from the govt in next two weeks."The three arrested persons include Sunil Swain (21) and Ashish Barala (19) of Bethuar and Santosh Kumar Polai (32) of Nabaratnapur," Chandrika Swain, inspector in-charge of Dharakote police station, said.With the fresh arrests, the total numbe ...Read More >
On July 12, the woman attempted self-immolation on the college campus.Source : Twitter A 22-year-old college student from Odisha, who set herself on fire following alleged inaction over a sexual harassment complaint, succumbed to her injuries late last night. Her death has sparked outrage, protests, and renewed calls for accountability in educational institutions. The student, pursuing a B.Ed degree at Fakir Mohan Autonomous College in Balasore, had accused the Head of the Education Department, ...Read More >
Trinamool Congress MP Mahua Moitra has quietly married Pinaki Misra in a private ceremony on May 30. Known for her outspokenness, Moitra's wedding came as a surprise due to the lack of official announcement. Misra, a senior Supreme Court advocate and former BJD MP from Puri, brings his own extensive political background to the union.In a rare moment of quiet amid the high-octane world of Indian politics, Trinamool Congress MP Mahua Moitra has surprised everyone with a low-key wedding. The firebra ...Read More >
The Odisha Administrative Service Association (OAS) on Tuesday postponed a mass leave after chief minister Mohan Charan Majhi assured strict action against those involved in the assault on Bhubaneswar Municipal Corporation additional commissioner Ratnakar Sahu. A group of men, including ruling Bharatiya Janata Party BJP corporator Jeevan Rout, assaulted Sahu in his office during a grievance redressal meeting on Monday. Majhi met OAS members late Monday and said the accused, regardless of their influence, will be punished under the law. Sahu said Rout accused him of insulting BJP leader Jagan ...Read More >