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.
A single bench of Justice Abhay Ahuja, in an April 2 order, a copy of which was made available on Monday, took serious note of Ganji's absence despite being directed to remain present before the court and asked cops to ensure his presence on April 27, the next date of hearing. The court observed that the fashion designer's conduct showed disregard for the judicial process and deserves "no sympathy or mercy". The bench was hearing a plea filed by a company, GS Majestic Developers Pvt Ltd, agains
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
Kochi, July 3: The Kerala High Court has held that a married woman cannot allege that she was coerced into sex under the false promise of marriage. The court's ruling came while hearing the prosecution's statement against the petitioner (accused) that he sexually assaulted the woman after falsely promising to marry her. He was also accused of having threatened to publish her photos and videos after borrowing Rs 2.5 lakh from her. "It is observed that while considering the cases alleging rape on the basis of the promise of marriage, it is difficult for this court at this juncture to enter into ...Read More >
Mumbai: The Bombay High Court on Thursday dismissed a challenge to the provisions of the anti-terror law -- Unlawful Activities (Prevention) Act (UAPA). The UAPA in its present form is constitutionally valid; therefore, the challenge to its vires fails, and the petition is dismissed, said a division bench of Justices Ajay Gadkari and Neela Gokhale. The High Court had earlier sought responses from the state and central govts to a petition by one Anil Baile challenging the constitutional validity of the UAPA, 1967, and Section 124A (sedition) of the Indian Penal Code (IPC). Baile was issued a no ...Read More >
Ranchi (Jharkhand) [India], August 4 (ANI): The Jharkhand government declared a three-day state mourning, starting Monday, following the passing of the state's former Chief Minister and co-founder of Jharkhand Mukti Morcha, Shibu Soren. "In honour of the late Honourable former Chief Minister-cum-Rajya Sabha MP, the State Government has decided to observe 03 (three) days of state mourning from August 4 to August 6," the message from the Jharkhand government read. Also Read | Kerala Shocker: 47-Year-Old Man Dies by Suicide After Failing to Arrange Funds for Son's Engineering College Admission. ...Read More >
Mumbai, Sep 13 (PTI) Mumbai police have registered a case against unidentified persons in connection with the bomb threat email sent to the Bombay High Court, an official said on Saturday. A case has been registered at Azad Maidan police station under section 353 (1) (whoever makes, publishes or circulates any statement, false information, rumour, or report, including through electronic means) and other relevant provisions of the Bharatiya Nyaya Sanhita, the official said. He said that the police were trying to trace the sender's IP address and location. The High Court administration receiv ...Read More >
New Delhi, September 16: The Supreme Court on Tuesday granted interim bail of six weeks to activist Mahesh Raut, booked in the Bhima-Koregaon case, on medical grounds. The order was passed by a bench of Justices MM Sundresh and Satish Chandra Sharma after Raut's counsel informed the court that his client is suffering from rheumatoid arthritis and requires medical treatment. 'No Open Gate': Bombay High Court Hints Only Trial Witnesses Can Challenge 2008 Malegaon Blast Acquittal. The Court was hearing a plea filed by the National Investigation Agency (NIA) seeking cancellation of bail granted t ...Read More >
Mumbai, September 30: Bollywood actress Rhea Chakraborty has received major relief from the Bombay High Court in the Sushant Singh Rajput Death Case. The HC has directed the Narcotics Control Bureau (NCB) to return the actress's passport. Refreshing your memory, Rhea was arrested in the drug case back in 2020 after the sudden demise of her then-boyfriend, Sushant. However, she was granted bail the following month with the condition that she submit her passport to the NCB. Rhea recently filed a fresh application through her lawyer, Ayaz Khan, who argued that the condition to submit her passpor ...Read More >
Mumbai: The Bombay High Court has raised concern over terminally ill prisoners languishing in Maharashtra's jails and asked the state govt to consider proper implementation of an advisory on grant of medical bail or to place them in house arrest. A division bench of Justices Revati Mohite Dere and Prithviraj Chavan on Monday said they visited the Yerwada central prison in Pune on Sunday and met with prisoners, particularly women inmates, and inspected the condition there. The bench referred to a ...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 >
The video featured a clip of brawl with the satirical 'hum honge kamiyab' song playing in the background. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Kunal Kamra mocked the Maharashtra Assembly clash with a satirical "hum honge kamiyab" video * The brawl involved BJP MLA Gopichand Padalkar and NCP MLA Jitendra Awhad and their supporters * Kamra faced legal cases for a prior parody of Eknath Shinde but was granted protection from arrest Did our AI summary help? Let us know. ...Read More >
Bollywood actress Shilpa Shetty has issued a strong rebuttal through her legal team after reports surfaced alleging that she received Rs 15 crore from her husband, businessman Raj Kundra, nearly a decade ago in connection with a financial transaction under investigation by the Economic Offences Wing (EOW), Mumbai. She issued a statement via her lawyer and has categorically denied the reports, calling them 'totally fake and mischievous.' She also accused certain media outlets of deliberately doin ...Read More >
Mumbai: Bollywood actress Shilpa Shetty, the co-accused in a Rs 60 crore fraud involving her businessman husband Raj Kundra, has dropped plans to travel to Los Angeles and withdrawn a petition from the Bombay High Court seeking relaxation in the Look Out Circular (LOC) issued against her, a lawyer said on Thursday. The High Court will now hear the couple's plea seeking the quashing of the LOC on November 17, he said. Also Read: ECI to enforce TN Seshan's 1994 guidelines on Burqa-clad women in Bihar polls The actresses' advocates on Thursday told Chief Justice Shree Chandrashekhar and Justic ...Read More >
MUMBAI: The Bombay High Court on Friday denied anticipatory bail to a Panvel-based woman accused of fraudulently transferring ownership of another woman's flat into her own name under the guise of advancing a loan. Justice Amit Borkar, while rejecting the plea of Savita Dashrath Babar, observed that the case involved "misuse of confidence and abuse of legal instruments to dispossess a woman of her property." According to the prosecution, the complainant, Guljara Wali Ahmad Maniyar, was in financial distress and sought a loan of ₹20 lakh from Babar to help her son start a business. It is alleg ...Read More >
New Delhi, Jul 15 (PTI) The Indian economy is expected to grow at 6.5 per cent in the current financial year, despite geo-political tensions and trade policy uncertainties, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Tuesday. In an interview with PTI, Dev further said that domestic growth will be driven by low inflation, resulting from good monsoon and benign interest rate regime, triggered by three back-to-back rate cuts by the Reserve Bank of India. "There are significant global headwinds like the twin shocks of geo-political tensions and trade ...Read More >
Ajmer (Rajasthan) [India], July 19 (ANI): The Ana Sagar lake in Rajasthan's Ajmer overflowed on Saturday morning, following incessant rain, which caused waterlogging. Due to this, the road connecting Bajrang Garh to the market has been closed. The locals used sandbags in an attempt to stop the flow of water. Also Read | Meghalaya Shocker: Schoolgirl Hacked to Death With Machete by Assailant in East Garo Hills District. Municipal Corporation Chief Engineer Vinod Manohar stated that the cause of waterlogging is due to lake water entering through escape channels, which have been opened by near ...Read More >
MUMBAI: Actor Shilpa Shetty on Thursday withdrew her application before the Bombay High Court seeking permission to travel abroad, after the bench expressed its unwillingness to grant her relief. Shetty and her businessman husband Raj Kundra have approached the court challenging Look Out Circulars (LOCs) issued against them by the Mumbai police's Economic Offences Wing (EOW) in connection with a ₹60.48-crore cheating case. Appearing before a division bench of chief justice Shree Chandrashekhar and justice Gautam Ankhad, their counsel, advocate Niranjan Mundargi, informed the court that Shett ...Read More >
Mumbai, Jun 28 (PTI) A 70-year-old doctor was cheated by cyber criminals of Rs 3 crore and kept under "digital arrest" for eight days after being accused of involvement in a non-existent money laundering scam, a Mumbai police official said on Saturday. In the month of May, the victim got a call from a person identifying himself as telecom department staffer Amit Kumar, who told her a SIM card had been bought with her personal details for use in criminal activities. "She then got a call from another person who identified himself as Crime Branch officer Samadhan Pawar. He told the victim that ...Read More >
DHARMAPURI: For the third time in the past two months, a wild leopard wandered into a private farmland near Valaithottam village near Palacode and hunted chicken raised by a local farmer. Locals are increasingly distressed and urged the forest department to take steps to relocate the leopard. Over the past few months, there have been several reports of leopard sightings in forest areas near Palacode, particularly in Valaithottam village, near the forest's fringe. There have been two instances when the leopard attacked farmlands, taking away a domestic dog and a chicken. On Saturday, the leop ...Read More >
Mumbai: A sessions court recently rejected a police request for custody of an alleged financial scam mastermind, Shaileshkumar Pandey, and instead remanded him in judicial custody while ordering his return to Kolkata.The court decision hinged on the finding that Pandey was illegally detained and produced before the court beyond the permissible 24-hour period from his initial custody. Pandey was presented before the court on June 30 in connection with a case registered by the Economic Offences Win ...Read More >
Amritsar (Punjab) [India], July 15 (ANI): The Golden Temple in Punjab's Amritsar received another bomb threat on Tuesday. The dog squad has been deployed at the Golden Temple premises as part of a security check. The holy site for Sikhs received a bomb threat via e-mail for the second consecutive day. Also Read | India Raises Pahalgam Terror Attack at SCO Meeting: EAM S Jaishankar Calls for 'Uncompromising Position' on Combatting Terrorism. Pratap Singh, Secretary of the Shiromani Gurdwara Parbandhak Committee (SGPC), demanded strict action against the miscreants. Pratap Singh told reporte ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
Mumbai, Sep 2 (PTI) Activist Manoj Jarange, who has been staging a hunger strike to seek quota for Marathas, on Tuesday said he is ready for talks with the government, but asserted he will not leave Mumbai till his demands are met. Jarange, whose agitation at Azad Maidan in south Mumbai entered its fifth day, claimed the protesters have not violated any law and that nobody can stop Marathas from entering the state capital. He alleged that Maharashtra Chief Minister Devendra Fadnavis was giving false information to the Bombay High Court (over the quota agitation) and that he will have to "pay ...Read More >
New Delhi [India], September 16 (ANI): The Supreme Court on Tuesday granted interim bail of six weeks to activist Mahesh Raut, booked in the Bhima-Koregaon case, on medical grounds. The order was passed by a bench of Justices MM Sundresh and Satish Chandra Sharma after Raut's counsel informed the court that his client is suffering from rheumatoid arthritis and requires medical treatment. The Court was hearing a plea filed by the National Investigation Agency (NIA) seeking cancellation of bail granted to Raut by the Bombay High Court. During the hearing today, the counsel appearing for Raut ...Read More >
Mumbai: The Trombay Police registered a First Information Report (FIR) against at least ten students from the Tata Institute of Social Sciences (TISS) in Mumbai, for organising a "peaceful gathering" to commemorate the death anniversary of jailed Dalit activist and former Delhi University professor, GN Saibaba on Monday, October 13. The FIR also claimed that the students allegedly raised slogans in support of former JNU students Sharjeel Imam and Umar Khalid, who are currently behind bars in the Delhi riots case. The students have been reportedly booked under sections of the Bharatiya Nyaya ...Read More >
Mumbai, June 30 (PTI) Samajwadi Party (SP) MLA Abu Azmi has moved the Bombay High Court seeking the quashing of two "politically motivated" FIRs registered against him over his remarks on Mughal emperor Aurangzeb. A bench of Justices A S Gadkari and Rajesh Patil issued a notice to the police on Monday and posted the matter for further hearing after four weeks. In an interview with the media in March, Azmi allegedly stated that Aurangzeb was a "good administrator" and during his reign, India's borders expanded up to Afghanistan and Burma. Azmi purportedly said if Aurangzeb had razed temples, ...Read More >
Bengaluru: A physics lecturer from a private college in Dakshina Kannada and two of his friends have been arrested by Bengaluru police for allegedly blackmailing and raping a student.When the mental torture by the trio became intolerable, the girl narrated to her parents how she was being exploited. Subsequently, she went to Marathahalli police station along with her parents on July 5 and lodged a complaint seeking action against the perpetrators. Acting swiftly, the cops arrested the trio the following day. The accused are Narendra, a physics lecturer, Sandeep, a biology lecturer -- both work ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
New Delhi, July 19: Prime Minister Narendra Modi on Saturday paid heartfelt tributes to freedom fighter Mangal Pandey on his birth anniversary, remembering him as a "pioneering warrior" who challenged British authority and remains a lasting symbol of courage and patriotism. Recognised as one of the earliest voices of resistance, Mangal Pandey played a key role in the events that sparked the Revolt of 1857, which eventually led to the dissolution of the East India Company and the establishment of direct British rule under the Government of India Act of 1858. Taking to X, Prime Minister Modi wr ...Read More >
Mumbai (Maharashtra) [India], August 3 (ANI): In a major crackdown on narcotics smuggling, officers of the Airport Commissionerate, Mumbai Customs Zone-III, have seized 14.738 kgs of suspected NDPS hydroponic weed (marijuana) valued at approximately Rs 14.73 crore during operations on Sunday. The seizures were made across Chhatrapati Shivaji Maharaj International Airport (CSMI), resulting in the arrest of one passenger, as stated in the press release. The passenger was arrested under the provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. Based on specific intel, ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >