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.
Lakhs of daily commuters travelling from Virar will soon get significant relief from overcrowding as Western Railway's suburban network prepares to introduce longer 15-coach local trains, made possible by the completion of key infrastructure upgrades at Virar railway station. The Mumbai Railway Vikas Corporation (MRVC) has widened and extended Platforms 3A and 4A to accommodate 15-coach local trains, increasing capacity from the earlier 12-coach configuration. The platforms have been expanded fr
New Delhi, Jul 7 (PTI) Realty firm Puravankara Ltd will rebuild eight housing societies in Chembur, Mumbai and is expecting to generate revenue of Rs 2,100 crore from saleable areas. In a regulatory filing on Monday, Bengaluru-based Puravankara Ltd informed that the company has been selected for the redevelopment of eight residential societies in Chembur, Mumbai. This will unlock a total development potential of over 12 lakh square feet, spread over 4 acres, with an estimated gross development value (GDV) of Rs 2,100 crore, the company said. Ashish Puravankara, Managing Director at Puravank ...Read More >
Mumbai: Eleven years after its launch, Mumbai's first metro corridor (Versova-Andheri-Ghatkopar) could soon see longer trains, which would bring much-needed relief to hundreds of thousands of commuters who frequently experience excess crowding on the route during peak hours. On a day when overcrowding was reported at the Ghatkopar and Andheri metro stations due to a technical failure in one of the trains, Mumbai Metro One Private Limited (MMOPL) said it plans to procure additional coaches. The length of its trains could increase from four cars to six cars if the proposal is approved, official ...Read More >
SHIVAMOGGA: Union Minister for Road Transport and Highways Nitin Gadkari is scheduled to inaugurate the bridge across Sharavathi backwaters between Ambargodlu and Kalasavalli on National Highway 369E on Monday. The much-anticipated cable-stayed bridge over the Sharavathi backwaters is the longest in the state and second longest in the country, stretching 2.44 km. Built at Rs 472 crore, it will improve connectivity to several villages in Sagar and Hosanagara taluks, as well as to popular temples like Sigandur Chowdeshwari and Kollur Mookambike. The bridge was built to address long-standing co ...Read More >
Itanagar, Jun 7 (PTI) The flood situation in Arunachal Pradesh improved on Saturday with water levels of most rivers receding, even as 33,000 people in 24 districts remained affected, officials said. Twelve people lost their lives and one person went missing in rain-related incidents, including landslides, after the monsoon set in, they said. In its daily report, the State Emergency Operation Centre (SEOC) said 33,200 people in 215 villages remained affected due to floods and landslides in the state. The water levels of most major rivers and their tributaries were showing a receding trend o ...Read More >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...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 >
KOZHIKODE: A woman from Palakkad who recently tested positive for Nipah virus, remains in critical condition at the Kozhikode Government Medical College Hospital. She is currently receiving critical care in the hospital's specialised Nipah isolation unit. The patient was initially admitted to a private medical facility in Perinthalmanna. However, late on Saturday night, due to a significant deterioration in her health, she was transferred to the Kozhikode Medical College. Her symptoms, consistent with a severe viral infection, first appeared on July 1, prompting her to seek medical attention. ...Read More >
Amritsar: BJP MP Nishikant Dubey from Jharkhand has claimed that Britain assisted India in executing the 1984 Operation Bluestar at the Golden Temple in Amritsar, stoking a new controversy.In a post on X on Monday, Dubey alleged that then PM Indira Gandhi "launched an attack on the Golden Temple in collaboration with Britain", with British Army officers present in Amritsar.He uploaded a classified British document, "Sikh Community", claiming that on Feb 23, 1984, the UK Foreign and Commonwealth Office mentioned in a letter that the Indian govt had sought British advice over a plan to remove Si ...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 >
Mumbai, Jun 5 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Thursday inaugurated the final 76-km-long stretch of the Samruddhi Mahamarg, making the entire 701-km Mumbai-Nagpur corridor fully functional and bringing down the travel time between the two cities to 8 hours from around 18 hours. Fadnavis described the Mumbai-Nagpur Samruddhi Mahamarg as an "engineering marvel" and said this "economic corridor" would play a vital role in the state's development. Fadnavis said by connecting the expressway with the proposed Vadhvan port, they are planning to develop it as an "economic corrid ...Read More >
Mumbai: As June drew to a close, rainfall readings from the city's two main weather observatories painted a contrasting picture. While the Colaba observatory of the India Meteorological Department (IMD) recorded 592 mm of rain -- exceeding its monthly average of 542.3 mm -- Santacruz fell slightly short, logging 512.7 mm against an average of 537.1 mm.The shortfall of rainfall in the suburbs, although marginal, came even as the city experienced its earliest onset of the southwest monsoon on May 26.Despite the shortfall in the suburbs, weather officials expect the monsoon momentum to continue. ...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 >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
Palghar, Maharashtra: An autorickshaw driver, Raju Patwa, was publicly assaulted in Vasai on Saturday by a group of individuals associated with the Shiv Sena (Uddhav Balasaheb Thackeray) and Maharashtra Navnirman Sena (MNS). The attack, reportedly triggered by Patwa's derogatory remarks about the Marathi language and Maharashtra, was captured on video and has since gone viral, reigniting tensions surrounding the ongoing Marathi-Hindi language divide in the Mumbai Metropolitan Region. Following the incident, Virar Police Station have registered a case against members of the Shiv Sena and MNS un ...Read More >
Mumbai (Maharashtra) [India], December 2: Dosti Realty, a leading brand in the real estate sector recognised for delivering exceptional residential experiences and premium lifestyle projects across the Mumbai Metropolitan Region has announced the "Good Buy 2024" campaign for aspiring homeowners. An ideal way to bid farewell to the year, the Dosti Realty campaign is designed to resonate with the spirit of the year-end, inspiring homebuyers to make meaningful investments that shape their future. Also Read | Farmers Protest: Massive Congestion at Delhi-Noida Border as Police Set Up Barricades Ah ...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 >
Mumbai: A fire broke out at a shop inside the bustling Churchgate railway station in south Mumbai on Thursday evening, causing panic among commuters during peak hours. The incident was reported around 5:25 pm by the Western Railway. Fortunately, no injuries were reported, officials confirmed. The Mumbai Fire Brigade swiftly deployed firefighting teams and equipment to the scene, while police and civic personnel assisted in managing the situation. The fire was brought under control within minutes, according to a civic official. Although the flames were quickly doused, thick smoke filled the ...Read More >
Mumbai, Jun 28 (PTI) Police have arrested seven Bangladeshi nationals, six of them women, from different localities in Mumbai and Pune for staying in the country illegally, an official said on Saturday. Earlier this week, a team from the MIDC police apprehended Bayajid Khan (24), who had entered India through Guwahati, Assam and was living in Palghar, the official said. He said Khan, who was employed in the western suburb of Andheri, informed the police that he had facilitated accommodation and employment for six Bangladeshi women in Pune and Mumbai. Based on the information, police nabbed ...Read More >
Mumbai (Maharashtra) [India], July 3 (ANI): In a major move to boost industrial development and job creation in Maharashtra, the Cabinet Sub-Committee on Industries, chaired by Chief Minister Devendra Fadnavis, today approved investment proposals worth Rs 1,35,371.58 crore in thrust sectors and high-technology-based industries. These projects are expected to generate around 1 lakh direct and indirect employment opportunities across the state. Also Read | 'I Will Come Again': Man Posing As Delivery Agent Rapes Woman Techie After Entering Her Pune Flat, Clicks Selfie and Leaves Threatening Mes ...Read More >
The Indian Hotel and Restaurant Association (AHAR) announced a nationwide liquor bandh to oppose Maharashtra's tax hikes, which it said are pushing the industry towards a collapse. More than 20,000 bars and permit rooms across Maharashtra will shut operations on July 14 (Monday) in protest against the state government's tax hikes on liquor, which they characterised as "draconian". The Indian Hotel and Restaurant Association (AHAR) said the nationwide bandh has been organised to oppose the state ...Read More >
Mumbai, June 8 (SocialNews.XYZ) Chief Minister Devendra Fadnavis on Sunday debunked all allegations made by Congress leader Rahul Gandhi about rigging and match-fixing in the 2024 Maharashtra Assembly elections. In his articles titled 'Those Rejected by the People Deny the Mandate', published in the same three newspapers where Gandhi's write-ups appeared, CM Fadnavis advised the Congress MP to "accept defeat, introspect on where you went wrong, why your connect with the people is lacking, and what needs to be done." He taunted Gandhi, saying that the latter was preparing excuses for "defeats ...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 >
Mumbai, Jul 2 (PTI) Keystone Realtors Ltd has been selected to redevelop eight housing societies in Mumbai, enabling the company to generate revenue of Rs 3,000 crore from the saleable area. Mumbai-based Keystone Realtors sells properties under Rustomjee brand. Also Read | Bodoland Lottery Result Today, July 02, 2025: Assam State Lottery Sambad Wednesday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. In a regulatory filing on Wednesday, Keystone Realtors informed that "it has been selected by eight housing societies as the developer for the large-scale cluster redevelo ...Read More >
HYDERABAD: With the kharif season underway and farmers facing an acute shortage of urea, agriculture minister Tummala Nageswara Rao has written to the Centre, urging immediate intervention to ensure timely and sufficient supply of the critical fertiliser. In letters addressed to Union minister for chemicals and fertilisers JP Nadda, Tummala highlighted the alarming gap between the state's demand and actual supply. The minister said the Centre had allocated five lakh metric tonnes of urea to Telangana for the months of April, May, and June. However, only 3.06 lakh metric tonnes have been suppli ...Read More >
Chandigarh: Punjab chief ministerBhagwant Mann on Thursday said the government will table a bill in the assembly on Friday to introduce harsher punishment for religious sacrilege. However, the law will not be enacted immediately, as the government plans to hold consultations with stakeholders before finalising the legislation.Mann said the decision was taken in a meeting of the cabinet earlier in the day. After the legislation is tabled, Punjab govt will gather suggestions on the law from stakeholders, including religious organisations and people, he added.Sources said said the new legislation ...Read More >
Mumbai: Vivek Kumar Gupta, an IRSE officer from the 1988 batch, has taken charge as General Manager, Western Railway. Before this appointment, he served as the Managing Director of NHSRCL, overseeing India's inaugural Bullet Train Project implementation.After taking charge, Gupta conducted an inspection at Churchgate and Marine Lines stations and a footplate inspection of the Churchgate - Marine Lines section on Sunday. He also interacted with passengers and staff. He took note of safety, train operations, passenger and staff amenities, and cleanliness, an official said.In his previous role, G ...Read More >
CHENNAI: EMU services on the Chennai Central - Arakkonam section were restored on Monday morning, following disruption as a goods train carrying fuel derailed, leading to massive fire near Tiruvallur. Reports added that traffic is now restored on both up and down (slow) lines. Train No 22650 Erode - Dr MGR Chennai Central Yercaud Express was the first train to pass the restored accident spot at 3 am on the up slow line at Tiruvallur. Train No 12695 Dr MGR Chennai Central - Thiruvananthapuram Express was the first train to pass the restored accident spot at 10 pm on the down slow line. The ...Read More >
Ujjain (Madhya Pradesh): Marking the Cooperatives Year, a two-day national seminar will be inaugurated on Friday at the Swarn Jayanti Auditorium of Vikram University. Farmers from five major states: Gujarat, Maharashtra, Madhya Pradesh, Chhattisgarh, and Goa are set to participate in the seminar, 'Dairy Development in Madhya Pradesh: Possibilities and Challenges', under the joint aegis of the Indian Dairy Association (DA) West Zone, and Vikram University (VU). Researchers, students, milk producers from across the country, where over two lakh cooperative societies function, along with experts ...Read More >
The total CISF manpower sanctioned for providing a counter-terrorist cover to the two upcoming airports is 2,870. The Union government has sanctioned a combined strength of more than 2,800 CISF personnel to guard two soon-to-be operational international airports in Noida and in Maharashtra's Navi Mumbai, official sources said Thursday. Sources told PTI that the ministry of home affairs (MHA), under whose command the CISF works, had sanctioned 1,840 posts for the Navi Mumbai airport and 1,030 th ...Read More >
Bengaluru (Karnataka) [India], June 5 (ANI): The Karnataka Police has filed an FIR against the Karnataka Cricket Board Administrative Committee, Royal Challengers Bengaluru (RCB), among others, in the Bengaluru stampede incident that claimed the lives of 11 people. According to the Deputy Commissioner of Police, Central Bengaluru, Shekar H Tekkannanavar, an FIR has been filed against RCB, DNA (event manager), Karnataka State Cricket Association (KSCA) Administrative Committee and others at Cubbon Park Police Station. Also Read | OpenAI Academy India: ChatGPT Developer Launches First Internat ...Read More >