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.
NEW DELHI: A long-delayed infrastructure project in the heart of the capital has finally been unlocked, with the ITPO Tunnel -- Underpass 5 (UP-5 ) at Pragati Maidan receiving its last and most crucial clearance. Indian Railways has granted the long-pending no-objection certificate (NOC), removing the final obstacle that had stalled progress for years, officials said. With this clearance in place, all major technical and inter-agency issues that had hindered the project have now been resolved. The underpass, considered a key link in Delhi's central traffic network, is back on track and is targeted for completion by December 2026, according to officials. Situated in one of the busiest and most sensitive traffic zones in the city, the project had remained incomplete despite substantial public investment. Officials attributed the delay to complex engineering challenges, particularly those related to construction near active railway infrastructure, as well as gaps in coordination among multiple agencies. A major breakthrough came in August 2025, when the Ministry of Housing and Urban Affairs approved a revised execution plan submitted by the Public Works Department (PWD). The revised plan addressed critical concerns that had halted construction midway, including soil settlement beneath the structure and the need for design modifications near the railway embankment, the officials further said.
Shimla (Himachal Pradesh) [India], July 2 (ANI): At least 51 people have lost their lives and 22 others are missing in Himachal Pradesh as torrential rains, flash floods, and landslides continue to wreak havoc across the state during the ongoing monsoon season, according to the latest official data. The State Emergency Operation Centre (SEOC), under the Department of Revenue, Government of Himachal Pradesh, released a cumulative damage assessment report on July 2, covering the period from June 20 to July 1. The report reveals significant damage to human lives, private properties, livestock, a ...Read More >
New Delhi, Jun 6 (PTI) Former Delhi minister Satyendar Jain was questioned by the Anti-Corruption Branch (ACB) for over five hours on Friday in connection with a graft case related to the construction of classrooms in city government schools under the previous AAP dispensation. Sources said Jain was evasive in his replies and might be called for questioning again. Jain, who was the Public Works Department (PWD) minister in the AAP government, termed the case "politically motivated". According to the sources, Jain was given a written questionnaire with 29 questions. "He tried to put the bla ...Read More >
Bhopal (Madhya Pradesh) [India], June 29 (ANI): Madhya Pradesh Chief Minister Mohan Yadav ordered strict action after taking cognisance of serious negligence in the construction of the Aishbagh Railway Overbridge (ROB) in Bhopal. Following his directions, eight engineers of the Public Works Department (PWD) were held accountable based on the findings of an investigation. In a post on X, CM Yadav said, "I took cognisance of the serious negligence in the construction of the Aishbagh ROB and ordered an investigation. Based on the investigation report, action has been taken against 8 engineers of ...Read More >
New Delhi, Jul 2 (PTI) The Public Works Department (PWD) will carry out upgradation work worth over Rs 59.40 lakh at Bungalow Number 1, Raj Niwas Marg, which has been allotted to Delhi Chief Minister Rekha Gupta, according to an order. The work will be taken up to fix electrical and civil work, and will involve the installation of 14 split air conditioners worth Rs 7.7 lakh, five LED TVs worth Rs 9.9 lakh, and 23 ceiling fans with a remote control costing Rs 1.8 lakh. Fourteen CCTV cameras worth Rs 5.74 lakh will be installed, and the residence will also have a UPS system for power backup. ...Read More >
NEW DELHI: In a significant bureaucratic overhaul, the Delhi government has proposed the creation of an independent engineering cadre within the Public Works Department (PWD), ending its long-standing reliance on officers deputed from the Central Public Works Department (CPWD). Once the proposal secures cabinet approval, which is still in nascent stage, the PWD will begin the recruitment process and implement a structural realignment to ensure that every position, from Junior Engineer to Chief Engineer, is filled by officers directly under the control of the PWD. According to the department, ...Read More >
New Delhi [India], July 13 (ANI): A day after political leaders raised concerns over glass pieces allegedly scattered along the Kanwar Yatra route in Shahdra District Dilshad Garden, Delhi Police on Sunday traced the source of the broken glass and detained an e-rickshaw driver in connection with the incident. Police said that an FIR was registered at PS Seemapuri based on a complaint from the Public Works Department (PWD), after a video showing broken glass pieces on the road near Chintamani Chowk went viral on social media. A case was registered on July 13 based on a complaint by a Junior E ...Read More >
New Delhi, Jan 8 (VOICE) BJP MP Ramvir Bidhuri on Wednesday slammed the Aam Aadmi Party (AAP) leaders for their sit-in protest outside the Flagstaff Road house that was used as his official residence by Arvind Kejriwal when he was the Chief Minister of Delhi, urging them to "have patience" as the so-called 'Sheesh Mahal' would soon be opened to the public. The remarks followed AAP leaders Sanjay Singh and Saurabh Bharadwaj's protest after being denied entry to the Flagstaff Road bungalow by the Delhi Police. The AAP leaders had arrived at Arvind Kejriwal's former official residence on Flagsta ...Read More >
Srinagar: Imagine gliding effortlessly above the clouds atop the world's highest railway bridge, with panoramic views of snow-capped peaks, lush green valleys, and rivers carving their way through rugged mountains. This is the experience Kashmir's first high-speed train journey offers -- promising to transform travel and tourism in the region forever. On Friday, Prime Minister Narendra Modi inaugurated two cutting-edge Vande Bharat trains running between Katra and Srinagar, slashing travel time by hours and providing year-round, reliable connectivity to the Kashmir valley. This train ride doe ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls are scheduled later this year. "We are trying hard so that the Prime Minister can spare some time ...Read More >
Thiruvananthapuram (Kerala) [India], July 5 (ANI): A group of Youth Congress workers staged a protest march outside the official residence of Kerala Health Minister Veena George in Thiruvananthapuram on Saturday, demanding her resignation over the building collapse at the Kottayam Medical College. Police used water cannons to disperse the workers of the Youth Congress and detained them. This comes after a building block collapsed at the Government Medical College Hospital in Kottayam, claiming an individual's life and injuring two others on July 3. Earlier on Friday, a group of Indian Union ...Read More >
ITANAGAR, 12 Jul: The Standing Committee of the National Board for Wildlife (NBWL) has approved a proposal to divert 310 hectares of core forest land from the Namdapha Tiger Reserve in Arunachal Pradesh for the construction of the strategic Arunachal Frontier Highway (NH-913), despite concerns about its potential environmental and wildlife impacts. The land, located in Changlang district, is part of a proposed stretch that will connect NH-215 near Kharsang to the Miao-Gandhigram-Vijaynagar road, close to the India-Myanmar border. The Arunachal Pradesh Public Works Department (PWD) had request ...Read More >
The Amrit Bharat Station Scheme is a long-term project by the Indian Railways aimed at transforming more than 1,300 railway stations across the country. Prime Minister Narendra Modi is inaugurating 103 redeveloped Amrit stations across India on Thursday via video conferencing from Bikaner. The redeveloped stations are spread across 86 districts in 18 States and Union Territories and have been built at a cumulative cost of over Rs 1,100 crore, according to a release by the ministry of railways. ...Read More >
Katra, Jun 6 (PTI) As the valley delves into jubilation over freshly launched rail connectivity, traders in adjacent Jammu were a bit subdued, apprehending a loss of business because of the travellers bypassing them wholesale straight to Kashmir. As a result, traders' outfits in the district have urged the government to think about the economic impact and address it. "We congratulate the prime minister on this historic step. It will provide Kashmir with all-weather connectivity. But it will inevitably affect business in Jammu. The government must look into this aspect," Jammu Traders' Associ ...Read More >
Imphal, June 29 (UNI) A series of successful operations carried out by Manipur Police and security forces during the last 24 hours led to the arrest of several individuals involved in vehicle theft, insurgent activity, and the recovery of a significant cache of arms and ammunition. Police arrested a vehicle lifter identified as Syed Riyaj from his residence at Lilong Chaobok in Thoubal District. The arrest was made under Lilong Police Station. Authorities seized a blue two wheeler without registration number, along with a key and an Aadhaar card believed to be linked to the suspect. In a s ...Read More >
Leh, July 2: Pursuant to putting in place a comprehensive legal framework to ensure fair, inclusive, and transparent recruitment to public services, the Administration of the Union Territory of Ladakh has initiated a large-scale recruitment drive for 359 Gazetted posts through the Union Public Service Commission (UPSC). This marks the first-ever recruitment of Gazetted posts through UPSC since the formation of the Union Territory. This milestone follows the establishment of a unique and dedicated legal framework specifically designed for Ladakh. The framework ensures maximum local representat ...Read More >
Thiruvananthapuram (Kerala) [India], July 4 (ANI): A group of Indian Union Muslim League (IUML) youth wing workers staged a protest march outside the official residence of Kerala Health Minister Veena George in Thiruvananthapuram on Friday, demanding her resignation over the collapse of a building block at the Government Medical College Hospital in Kottayam. The incident claimed the life of one person, while two others were injured. Also Read | 'Seeking Clarity Is Not Misinformation': CM Siddaramaiah Responds to Biocon Chief Kiran Mazumdar Shaw on COVID-19 Vaccine Row. Visuals from the scen ...Read More >
Samastipur (Bihar) [India], July 8 (ANI): In a continued effort to modernise and upgrade railway infrastructure in Bihar, Union Minister for Railways Ashwini Vaishnaw on Monday laid the foundation stone and inaugurated several key projects worth Rs 17.30 crore at Karpoorigram Station under the Samastipur division. At the outset, Vaishnaw inspected the Digha Bridge Halt and thoroughly reviewed passenger amenities, safety, cleanliness, platform condition, drinking water, lighting, and security arrangements, according to a statement from the Ministry of Railways. He directed officials to work t ...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 >
Lucknow: Authorities on Tuesday carried out a seven-hour demolition drive at the 185-year-old Noori Masjid in Fatehpur, Uttar Pradesh, as part of a highway widening project on the Banda-Bahraich route. About The Action The action, involving five bulldozers, began at 8 am and continued until 3 pm, during which a portion of the mosque was also razed. Heavy security was deployed, including forces from multiple police stations, DSP-level officers, and a Rapid Action Force (RAF) unit. The area around the mosque in Lalauli town was sealed off within a 500-meter radius, and around 25,000 residents ...Read More >
Katra: Prime Minister Narendra Modi on Friday flagged off the Katra-Srinagar Vande Bharat Express, inaugurating an alternative all-weather transportation system for Kashmir by connecting the Udhampur-Srinagar-Baramulla rail link with the national railway network. The train will commence commercial operations from Saturday, allowing passengers to travel in the two pairs between Srinagar and Katra except on Wednesdays. The Udhampur-Srinagar-Baramulla rail project in the tough Himalayan terrain has been referred to as a marvel. It is expected to be a game changer in the development of the mount ...Read More >
Officials say the train will help the troubled region, but many Kashmiris see it as a tool to entrench the Indian government's control. After decades of highly complex engineering work and billions of dollars in investment, India has finally connected the Himalayan region of Kashmir by rail to the rest of the country. The train link, which was officially inaugurated on Friday, fulfilled a dream dating back to the British colonial era. Indian officials called it a transformative leap for the res ...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 >
Katra (Jammu and Kashmir) [India], June 7 (ANI): The first Vande Bharat Express train on the Katra-Srinagar route began its journey on Saturday morning, a day after Prime Minister Narendra Modi flagged it off from Katra Railway Station. Passengers were seen gathering excitedly to board the train for the inaugural ride. Also Read | Bihar Police Constable Recruitment 2025: CSBC Rejects 33,042 Applications for Post of Police Constable, Know Reasons Here. Sheetal, one of the passengers, told ANI, " It's a great thrill and will be a good experience for us that Modi ji paved the way for us to vis ...Read More >
Aizawl (Mizoram) [India], June 30 (ANI): Eco-friendly LED lighting and solar power installed in the tunnels of the recently completed 51.38-km Bairabi-Sairang railway line in Mizoram, Divisional Electrical Engineer Md Zahid Akhtar said. Md Zahid Akhtar told ANI, "We have installed LED lighting in the tunnels, which is environment-friendly. We are also utilising solar power and plan to have a plant for the same in the future." Also Read | Stocks To Buy or Sell Today, June 30, 2025: BHEL, HAL, Piramal Enterprises Among Shares That May Remain in Focus on Monday. He added that the cables instal ...Read More >
Jabalpur, July 2 (SocialNews.XYZ) In a chilling case, a 22-year-old woman sustained severe burn injuries after her childhood friend allegedly hurled acid on her face out of jealousy and personal vendetta. The incident occurred on the night of June 29 in Awadhpuri Colony under the jurisdiction of the Gwarighat police station in Jabalpur. The accused, identified as 21-year-old engineering graduate Ishita Sahu, was arrested shortly after the attack. According to police, Ishita lured her former friend Shraddha Das (22), a BBA graduate, out of her home under the pretext of giving her a surprise ...Read More >
New Delhi, July 11 (SocialNews.XYZ) In a major decision to speed up Delhi's infrastructure management, the Public Works Department (PWD) is set to establish its own engineering cadre, an official said on Friday The proposal for cadre formation has been finalised and will be placed before the Delhi Cabinet in the coming days. "This marks the biggest administrative reform in the department's history, ending decades of dependence on borrowed officers from CPWD (Central Public Works Department)," said an official. Until now, PWD relied upon engineers, executive engineers (EEs), superintending e ...Read More >
New Delhi, June 5 (SocialNews.XYZ) Union Minister Ashwini Vaishnaw on Thursday described the Chenab Bridge built on the Jammu and Srinagar railway line as an engineering marvel, saying that it has been designed to tackle winds up to 260 kilometres per hour and falls in Seismic Zone 5. Talking to reporters about the unique features of the bridge, the Union Minister said its design is very complicated and its foundation is equal to half a football field. About 30,000 tonnes of steel have been used to build this bridge, which is now touted as the world's highest railway arch bridge. Prime Mini ...Read More >
New Delhi [India], June 6 (ANI): Kashmir valley got connected with the rest of India with the inauguration of the much-awaited and world's highest railway arch bridge over the river Chenab by Prime Minister Narendra Modi, during his day-long visit to Jammu and Kashmir on Friday. The architectural marvel Chenab Rail Bridge, situated 359 metres above the river, is the world's highest railway arch bridge. It is a 1,315-metre-long steel arch bridge engineered to withstand seismic and wind conditions. Also Read | Bengaluru Stampede Case: RCB Marketing Head, DNA Event Management Firm Staffers Sent ...Read More >
New Delhi [India], June 6 : Kashmir valley got connected with the rest of India with the inauguration of ... New Delhi [India], June 6 : Kashmir valley got connected with the rest of India with the inauguration of the much-awaited and world's highest railway arch bridge over the river Chenab by Prime Minister Narendra Modi, during his day-long visit to Jammu and Kashmir on Friday. The architectural marvel Chenab Rail Bridge, situated 359 metres above the river, is the world's highest railway arch bridge. It is a 1,315-metre-long steel arch bridge engineered to withstand seismic and wind cond ...Read More >