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.
Industrialist Kiran Mazumdar-Shaw, executive chairperson, Biocon Limited took to the social media platform X, tagging Union Minister for Road Transport and Highways Nitin Gadkari, to highlight the bad road stretches on Hosur Road on Sunday. "Whilst NHAI boasts of its road infrastructure across the country, why is the country's key IT corridor NH44 - Hosur Road so shoddily designed and ill-maintained? It's an eyesore - the medians and barricades are terrible, and the shoulders are not asphalted. D
Chennai: Hours before Union home minister Amit Shah was to arrive in Madurai, Thuglak editor and an associate of Shah, S Gurumurthy on Saturday met PMK founder S Ramadoss. The PMK leader, however, ruled out the possibility of meeting Amit Shah during his two-day visit to Tamil Nadu.Gurumurthy met Ramadoss for the second time amid reported tension within PMK regarding alliance strategies and insistence by Anbumani Ramadoss to remain party president. The hour-long meeting took place at the T Nagar residence of A K Vijay Mahesh, son of former Union minister and PMK leader A K Moorthy, sources sai ...Read More >
New Delhi [India], June 27 (ANI): Congress MP Manickam Tagore launched a scathing attack on the Rashtriya Swayamsevak Sangh (RSS) on Friday following remarks by its General Secretary Dattatreya Hosabale, who questioned the legitimacy of including the terms 'socialist' and 'secular' in the Preamble of the Indian Constitution. Reacting to Hosabale's statement that these terms were 'forcibly inserted' during the Emergency and should now be reconsidered, Tagore took to social media platform X to issue a strong rebuttal. Tagore shared a picture with text stating, 'RSS seeks the removal of terms ' ...Read More >
Ranchi: City is gearing up for the inauguration of the 4.18 km, four-lane Ratu Road flyover on Thursday by Union road transport and highways minister Nitin Gadkari. The minister will also address a gathering at the OTC ground in Piska More on the same day.Earlier, the flyover was scheduled for inauguration on June 19.As a final touch-up to the construction continued on Tuesday, city residents expressed satisfaction over the timely completion of the project. Once it is opened to the public, the flyover will ensure hassle-free movement along the Kutchery-Ratu Road stretch, providing respite to t ...Read More >
Shimla (Himachal Pradesh) [India], July 2 (ANI): A day after a First Information Report (FIR) was filed against Himachal Pradesh's Panchayati Raj and Rural Development Minister Anirudh Singh for allegedly assaulting an NHAI official, the minister on Tuesday categorically denied the charges, saying he would fully cooperate with the investigation and face the law. He also accused the National Highways Authority of India (NHAI) of carrying out "unscientific and dangerous" construction work across the state, leading to massive damage to lives and property. Also Read | Uttar Pradesh Horror: Teen ...Read More >
Bengaluru (Karnataka) [India], July 3 (ANI): Kiran Mazumdar Shaw, the Executive Chairperson of Biocon Limited, refuted the allegation of the Karnataka Chief Minister Siddaramaiah, in which he attributed more than twenty deaths due to heart attacks in the past one month in district of Hassan to COVID vaccines. She said that it was factually incorrect to suggest that COVID vaccines were hastily approved. Also Read | Heart Attacks Being Linked to COVID-19 Vaccines After 4 Years of Being Vaccinated Does Not Stack Up, Says Biocon Chief Kiran Mazumdar-Shaw. In a post on X, Kiran Mazumdar Shaw sai ...Read More >
Chennai: In a bid to strengthen the organizational infrastructure of the Tamilaga Vetri Kazhagam (TVK) and to develop a robust campaign machinery, the party's founder president Vijay announced the names of 17 new key office-bearers for various wings with Adhav Arjuna, former deputy general secretary of the VCK, becoming the general secretary for campaign management on Friday. Apart from Adhav Arjuna, another known political leader who had been co-opted by Vijay is C T R Nirmal Kumar, a former BJP leader who switched over the AIADMK and has now landed in the TVK as deputy general secretary for ...Read More >
Hyderabad, Feb 10 (VOICE) Telangana's Minister for Industry and Information Technology D. Sridhar Babu has strongly condemned the attack on Chilkur Balaji Temple head priest C. S. Rangarajan and made it clear that the government will not tolerate anarchic elements hijacking Hinduism to spread hate and terror.Terming the attack on the chief priest and administrator of the temple as a heinous act, he said that the government would deal with such evil acts with an iron fist. "Although the main accused is in police custody, this isn't just a crime -- it's an attack on our values and faith! Using ...Read More >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
Shimla, July 3 (SocialNews.XYZ) Slamming Himachal minister Anirudh Singh, who was booked for wrongful restraint and assaulting NHAI officers, the state BJP unit on Thursday took offence at the accused's assertions against Union Minister Nitin Gadkari, who reacted strongly over the incident. "Nitin Gadkari knows Himachal Pradesh completely and he's the same Union Minister who visited Himachal Pradesh post-disaster (in 2024) and gave road construction works of Rs 1 lakh crore, laid a network of roads in the state and also took forward the Pradhan Mantri Gram Sadak Yojana," BJP state media in-ch ...Read More >
New Delhi, Jun 8 (PTI) Delhi Chief Minister Rekha Gupta on Sunday said the Centre has approved several projects worth Rs 24,000 crore to streamline traffic and reduce pollution in Delhi and its adjoining areas, including a five-km tunnel between Shiv Murti-Mahipalpur (Dwarka Expressway) and Nelson Mandela Road (Vasant Kunj). The tunnel will be constructed by the National Highways Authority of India (NHAI) at an estimated cost of Rs 3,500 crore, she said, adding that the projects were approved during a recent meeting with Union Minister of Road Transport and Highways, Nitin Gadkari. ...Read More >
Himachal Pradesh News: An NHAI engineer posted in Shimla has alleged that he and another officer were assaulted by Himachal Pradesh rural development and panchayati raj minister Anirudh Singh during a site inspection on Monday. Both the officers have been admitted to Indira Gandhi Medical College & Hospital (IGMC) in Shimla. The Central Engineering Services Officers' Association has urged Union road transport minister Nitin Gadkari "to take up this matter with the highest authorities in the country" to ensure that justice is delivered. The NHAI Engineers' Association has also demanded "immedia ...Read More >
Karnataka: Additional Superintendent of Police (ASP) NV Baramani submitted a voluntary retirement request earlier last month after the alleged public humiliation by the Karnataka Chief Minister, Siddaramaiah, during a political event in Belagavi in April. The Karnataka government is yet to decide on the ASP's request. The incident occurred at a Congress protest rally against rising prices on April 28. Led by CM Siddaramaiah, who was agitated by the BJP women causing disruption, the event saw what was public humiliation for the officer. Siddaramaiah called the ASP on stage and raised his hand ...Read More >
In turn, Acura Capital executed a fictitious deal to attract other investors. Where $8 million were attracted. It is worth noting that at the moment the token price has fallen by half from the pre-sale price. As a reminder, Bohdan Prylepa was previously named the main suspect in a large-scale crypto fraud. The "businessman" embezzled a billion hryvnias that were intended for purchasing drones for the Armed Forces of Ukraine Furthermore, Prylepa's accomplices are under investigation: Saranenko, Shydlovskiy, Ivanov, Podpletko, Mazolyuk, and Vorobyov. These individuals allegedly helped block us ...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 >
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 >
NEW DELHI: The government has approved shifting of Gurgaon's Kherki Daula toll plaza on the Delhi-Jaipur National Highway (NH-48) to Pachgaon, a place beyond Manesar, paving the way for easy commute for lakhs of office goers.When the plaza is moved to Pachgaon, over 15 kilometres from Gurgaon, commuters travelling between Delhi and Manesar also won't have to pay toll. Locals have been demanding its removal since 2014.TOI has learnt that Union road transport and highways minister Nitin Gadkari has approved the plan, and to ensure the new spot doesn't see any congestion, the National Highways Au ...Read More >
The tunnel will connect Shiv Murti-Mahipalpur near Dwarka Expressway to Nelson Mandela Road in Vasant Kunj. A new 5-km-long tunnel aimed at easing traffic congestion across South Delhi and major routes into the NCR was announced by Chief Minister Rekha Gupta on Sunday. The tunnel will connect Shiv Murti-Mahipalpur near Dwarka Expressway to Nelson Mandela Road in Vasant Kunj. The Rs 3,500-crore project will be executed by the National Highways Authority of India (NHAI), and is part of six major ...Read More >
CHENNAI: Days after a 27-year-old temple security guard was allegedly killed in police custody at the Thirupuvanam police station in Sivagangai district, the AIADMK has launched a campaign 'Justice for Ajith Kumar' to mount pressure on the ruling DMK government over yet another instance of custodial death. Senior leaders and party cadre took to social media, posting pictures of the victim, Ajith Kumar, with a message, "This is the 25th custodial death under the Stalin-led government. It is deeply condemnable." The party's IT wing spearheaded the campaign as per the direction of general secre ...Read More >
NEW DELHI/SHIMLA: Shimla police registered an FIR against rural development and Himachal Pradesh minister Anirudh Singh Rana late Monday night for allegedly assaulting two NHAI engineers officials who were visiting the site of a collapsed five-storey building.The FIR was registered on the basis of NHAI manager Achal Jindal's complaint at Dhali police station under five sections of BNS dealing with assaulting a public servant, voluntarily causing hurt, intentional insult with intent to provoke breach of peace, wrongful restraint and common intention. Jindal in his complaint, which TOI reported ...Read More >
The Andhra Pradesh government inked a Memorandum of Understanding (MoU) with Google. The tech giant will launch its operations from Visakhapatnam in the State. Making the announcement at the district collectors' conference on Wednesday, Chief Minister N. Chandrababu Naidu said HRD Minister Nara Lokesh's efforts have paved the way for this. The MoU was a significant development and would be a game changer. Visakhapatnam is poised for transformative growth, Mr. Naidu said. The chief minister, in ...Read More >
New Delhi: In a joint operation, the Israel Defense Forces (IDF) and the Israel Security Agency (ISA) have eliminated As'ad Abu Sharaiya, a senior leader of the Mujahideen terrorist organization in Gaza, and another terrorist, Mahmoud Muhammad Hamid Kuhail. According to the IDF, Abu Sharaiya was directly involved in the October 7, 2023, massacre, infiltrating Kibbutz Nir Oz, and was responsible for the abduction and murder of several Israeli citizens, including Shiri, Ariel, Kfir Bibas, and Nattapong Pinta. He also played a role in recruiting operatives for terror attacks against Israel and I ...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 >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
Shimla, July 2 (PTI) A day after he was booked for allegedly assaulting two NHAI officials, Panchayati Raj Minister Anirudh Singh on Wednesday denied the allegations and said that "the FIR does not mean that I am guilty." Singh also claimed widespread irregularities in road construction works by the National Highway Authority of India (NHAI) and called its officials the "most corrupt in the country". The alleged incident occurred on Monday when the minister was inspecting a building collapse site in Shimla and called NHAI officers there. The owner of the building had claimed negligence by NHA ...Read More >
12 Jaipur: Around 3,800 vehicles travelled through the Jaipur-Bandikui linkway in the first 12 hours of the inaugural day of the trial run Wednesday, reducing the travel time between Jaipur and Delhi by at least 30 to 45 minutes. Officials of National Highways Authority of India (NHAI) said the number of vehicles would increase in the coming days.Confirming the figures of vehicle movements on the first day, Bharat Singh Joiya, project director of NHAI (Dausa PIU), said now that the trial run had started, NHAI won't close this linkway unless they find any major safety concerns. "We cannot comme ...Read More >
New Delhi: Was it the pitch? Was it the conditions? Was it the bowling? The questions doing the rounds after yet another strange show in good batting conditions by India were many. But with the exception of Shubman Gill, who became just the second Indian captain, after Mohammad Azharuddin, to score hundreds in consecutive matches in England, and Yashasvi Jaiswal, few India batters managed to answer them in a satisfactory manner. After being put into bat by England, India looked like they were in control at various points during the day but then somehow contrived to gift away wickets and end t ...Read More >
Moradabad (Uttar Pradesh) [India], July 3 (ANI): Ahead of Muharram and Kanwar Yatra, security has been heightened and CCTVs installed in Moradabad. SP City, Ranvijay Singh, said that arrangements had been made for both occasions using technology. SP City, Ranvijay Singh said, "We have made all the arrangements for the Muharram and Kanwar Yatra. All the homework has been done. All the peace committee meetings have been held in all police stations. We have held a meeting with all the stakeholders. Internal departmental coordination has also been done. We have accessed the route for Tazia, and t ...Read More >
New Delhi, Jul 3 (PTI) Indian Pharmaceutical Alliance on Thursday asserted that COVID-19 vaccines have been well-documented and rigorously tested according to regulatory standards, playing a crucial role in combating the pandemic. Without naming Karnataka Chief Minister Siddaramaiah, who linked COVID-19 vaccines with a spate of heart attack deaths in the state's Hassan district, Indian Pharmaceutical Alliance (IPA) said, "Misinformation and distortion of facts endanger public health and undermine the trust built on science and patient care globally". "During the COVID pandemic, vaccines play ...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 >