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: The Central Information Commission has imposed a total penalty of Rs 20,000 on two Municipal Corporation of Delhi (MCD) officials, flagging 'mala fide' conduct and a "misleading and incorrect" RTI reply in a case where information was furnished for an entirely different property that was linked to unauthorised basement use in Shastri Nagar. The applicant said that the MCD provided a reply about a completely different property, despite repeated representations. The CIC noted that the RTI plea "remained unattended within the stipulated time frame, in clear violation of the provisions of the RTI Act, 2005." Rejecting the explanation that the lapse occurred due to improper diarisation of the RTI application, the commission said that administrative lapses cannot be a ground to escape liability. A penalty of Rs 5,000 was also imposed on the then Public Information Officer (PIO) for not furnishing any reply within the prescribed period, while Rs 15,000 was levied on the present PIO for providing "incorrect and misleading information" and failing to comply with the commission's directions. The CIC also mentioned that the reply furnished by the Corporation referred to a different property altogether, despite repeated objections by the appellant highlighting the discrepancy in the procedure. The commission asked the MCD to recover the penalty amounts from the salaries of the officials concerned and submit proof of payment within a stipulated timeline. The commission has also ordered the present PIO to provide a "revised, complete and correct reply" specific to the property in question and furnish the action-taken report within three weeks. The first appellate authority has also been asked to ensure compliance and place the investigation report on record within six weeks. Civic body seals two commercial establishments MCD sealed two commercial establishments operating without health licenses in West Zone -- M/s Barbeque Company (food establishment) and GoodLife Health Club (gym). It was part of a special enforcement drive conducted to ensure compliance with safety regulations.
New Delhi [India], December 2: The IVCA GreenReturns Summit 2024 commenced today in New Delhi, convening over 400 visionaries, investors, policymakers, and entrepreneurs to chart a transformative path for India's green economy. The Summit is dedicated to aligning India's climate goals with its trillion-dollar economic aspirations for a 'Viksit Bharat,' spotlighting high-impact investment opportunities, addressing funding gaps, and driving actionable solutions for net-zero and climate adaptation. Also Read | Mamata Banerjee Says West Bengal Yet To Get INR 14,000 Crore From Centre for Supply of ...Read More >
New Delhi [India], January 31 (ANI): Bharatiya Janata Party (BJP) candidate Parvesh Verma on Friday filed a complaint with ACB against Aam Aadmi Party leader and former Delhi Chief Minister Arvind Kejriwal, alleging corruption concerning Delhi Sports University (DSU). Verma, who is contesting Delhi polls from the New Delhi seat against Kejriwal, in his complaint alleged "corrupt misappropriation of public funds" through "the abuse of official positions to gain wrongful benefits". The complaint has been filed with the Anti-Corruption Branch (ACB) of the Delhi government. Verma's advocate, Vi ...Read More >
Thiruvananthapuram: The state budget has introduced a significant hike in land tax, with rates increasing by 50% across all slabs. The minimum tax rate, previously Rs 5 per are (2.47 cents), has been raised to Rs 7.50, while the highest slab rate has risen from Rs 30 to Rs 45 per are. Kerala Budget 2025: Rs 20 crore allocated for Vijnana Kerala Project to boost student employability The government anticipates an additional revenue of Rs 100 crore through this revision. In panchayat areas, land measuring up to 8.1 ares will now be taxed at Rs 7.50 per are, while for land exceeding this limit, ...Read More >
Guwahati, June 5 (SocialNews.XYZ) Assam Chief Minister Himanta Biswa Sarma, and Olympic medallist Lovlina Borgohain inaugurated the Lovlina Borgohain Boxing Academy in Barchandra, North Guwahati. This inauguration marks a significant milestone in Borgohain's vision to empower youth and cultivate world-class boxing talent from the grassroots level in the northeast. The academy, a first of its kind in Guwahati, aims to provide aspiring boxers with top-tier infrastructure and expert guidance to achieve their dreams. The academy is strategically located in Barchandra, North Guwahati, and boasts a ...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 >
Mumbai: The birth of three penguin chicks at Mumbai's Veermata Jijabai Bhosale Udyan and Zoo has sparked an unexpected row not over their care, but their names. BJP functionary Nitin Bankar from the Byculla Assembly constituency has objected to the chicks being given English names, insisting they be named in Marathi instead. The BMC is expected to respond by June 10, after which Bankar will decide his next move. Speaking to The Free Press Journal, Bankar said, "When penguins were brought from abroad, we accepted that their names would be in English. But these chicks were born on the soil of M ...Read More >
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 >
Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...Read More >
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 >
Raipur: Chhattisgarh chief minister Vishnu Deo Sai on Tuesday, January 14, announced an aid of Rs 10 lakh to the kin of journalist Mukesh Chandrakar, who was murdered in Bijapur district earlier this month. Talking to reporters at the helipad in police lines, Sai said a building will be constructed for scribes and named after the slain journalist. Sai said, "The deceased journalist's family will be given Rs 10 lakh assistance. A building will be constructed for journalists, and it will be named after him." 33-year-old freelance journalist Mukesh Chandrakar went missing on January 1. His body ...Read More >
Mumbai, Jun 8 (PTI) The Congress on Sunday staged a protest against the Maharashtra government's decision to allot Mother Dairy's land in Kurla for rehabilitating ineligible slum-dwellers who will be displaced by the Dharavi redevelopment project. City Congress president Varsha Gaikwad, who led the demonstration, targeted the state government's decision with a "surrender" barb, alleging that the opposition by local people was ignored. Also Read | Encroachers Can't Claim Right To Continue Occupying Public Land, Says Delhi High Court. "The market value of this land is in the hundreds of crore ...Read More >
Morigaon, Assam [India], June 8: In a significant boost to Anganwadi workers, Assam's Water Resources, Information and Public Relations Minister, Pijush Hazarika, handed out smartphones at a special event in Morigaon district's District Library Auditorium on Sunday. Kaushik Rai, the district's Guardian Minister, joined Hazarika in the initiative organized by the District Women and Child Welfare Department under the POSHAN Abhiyaan. Minister Hazarika commended the crucial role of Anganwadi workers in nurturing a healthy society. He remarked, "These frontline workers are integral to early child ...Read More >
Chandigarh: Haryana chief minister Nayab Singh Saini on Tuesday said the state govt was consistently working to provide better resources to the doctors and quality healthcare services to the citizens.He mentioned that medical colleges were being established in every district.While there were only six medical colleges in 2014, the number has now increased to 15, and nine new colleges are under construction. As a result, MBBS seats in the state increased from 700 in 2014 to 2,185, at present. The state govt aims to increase the MBBS seats to over 3,400 by 2029, said Saini.The CM was addressing a ...Read More >
New Delhi: July 3 is International Plastic Bag Free Day. However, across Delhi, single-use plastic (SUP) bags, including those prohibited since 2018, are being used by shopkeepers and customers. Disposable cutlery and drinking straws made of plastic have also resurfaced in the marketplace.Despite restrictions imposed three years ago in July on single-use plastic, plastic items, particularly low-quality polythene bags below 50-micron thickness banned in 2018, continue to be extensively used without consequences. While several initiatives were undertaken to encourage the use of alternative mater ...Read More >
NEW DELHI: Lieutenant governor VK Saxena has given his approval to the reconstitution of Delhi Building and Other Construction Workers Welfare Board, paving the way for govt to prepare a scheme to provide compensation to the construction workers who lost work due to the implementation of GRAP IV provisions. The board was not in place for the last couple of years. While giving his nod to its reconstitution, LG directed that immediate steps should be taken to implement Supreme Court directions to provide subsistence allowance to workers affected due to restrictions on construction activities be ...Read More >
On the occasion of World Environment Day, Delhi Minister of Development and Tourism Kapil Mishra visited Shri Krishna Gaushala in Sultanpur Dabas, Bawana, in the Northwest District. The minister, who was accompanied by Model Town MLA Ashok Goyal, environmentalists and gaushala caretakers, took part in a tree plantation drive at the cow shelter, one of the largest gaushalas in the Delhi-NCR region. During the visit, Mishra reviewed the arrangements at the cow shelter. He held extensive discussio ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...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 >
The Delhi BJP also shared a rap song "Delhi ka millionaire" alleging corruption against the party's top leadership. In a recently-released video, the Delhi BJP has given a tour of the luxurious bungalow of AAP leader Arvind Kejriwal, where he lived while serving as the Chief Minister of the state. The party also shared a rap song "Delhi ka millionaire" alleging corruption against the party's top leadership. Delhi BJP chief Virendra Sachdeva, who shared the video on X, called the Civil Lines bu ...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 Telangana Open School Society (TOSS) Intermediate and SSC (Secondary School Certificate) results 2025 have been declared today, June 8 for the April/May exams. Candidates who took the exam can check their scores on telanganaopenschool.org, the official website of TOSS. Students can check the TOSS 2025 result by entering their admission number or roll number. The TOSS 2025 exams took place between April 20 to 26 in two shifts -- from 9.30 am to noon and from 2:30 pm to 5:30 pm. Candidates must cross-check their scorecards thoroughly and in case of any discrepancy, they must report to the a ...Read More >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...Read More >
HYDERABAD: Adilabad police arrested a couple from Maharashtra on Saturday for trafficking a minor tribal girl for Rs 10,000.A rape case has also been registered against a man in Rajasthan under the Protection of Children from Sexual Offences (Pocso) Act for repeatedly sexually abusing the girl. He has not yet been arrested. The couple has been charged with human trafficking and kidnapping.Bheempur police registered a case on June 22 after the girl's family reported her missing, having failed in their attempts to trace her.You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays ...Read More >
CHENNAI: The Tamil Nadu Anti-Terrorism Squad (ATS) of the state police on Tuesday said it has arrested two accused wanted in several bomb blasts and communal murder cases after being on the run for over 25 years. The key accused among the two is Abubacker Siddique of Nagore. He is allegedly involved in the attempt to plant a pipe-bomb during the rath yatra of former home minister LK Advani in Madurai in 2011, among others. Other cases he is allegedly involved include the bomb blast at Hindu Munnani office in 1995 in Chennai, an explosion in Nagore the same year, and coordinated planting of bo ...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 >
New Delhi, Jul 1 (PTI) Union telecom minister Jyotiraditya Scindia unleashed a string of data, ranging from BSNL's consecutive profit after 18 years to connecting over 2 lakh gram panchayats with broadband, on social media platform X to counter claims of Congress President Mallikarjun Kharge on the Digital India programme. Scindia suggested to Kharge to go check on the web for telecom scams in India which will show activities related to the UPA regime while the present regime is recognised with leadership in technology. Also Read | India Developing Its Own Bunker-Buster Missile? Reports Say ...Read More >
Bengaluru (Karnataka) [India], May 23 (ANI): Workers of Pro Kannada organisations staged protest in Bengaluru demanding the removal of actress Tamannah Bhatia as the brand ambassador from Karnataka Soaps and detergents limited (KSDL). The actress has been offered an amount of Rs 6.2 crore to work the brand. Meanwhile, Karnataka Large and medium Industries Minister MB Patil stated that the locals of Karnataka were extremely unhappy with the appointment of actress Tamannah Bhatia as an ambassador of the KSDL products. Also Read | West Bengal: 13-Year-Old Boy Accused of Stealing Chips Dies by S ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
New Delhi, June 6 (PTI) The Delhi government on Friday released over Rs 900 crore funds to urban local bodies for development works, according to a statement. They have also released Rs 820 crore to the Municipal Corporation of Delhi (MCD) and the Delhi Jal Board (DJB) received Rs 146 crore under the free drinking water scheme. "In this scorching summer, ensuring clean and sufficient drinking water for every citizen of Delhi is our top priority. Water is not a privilege for a few, it is a basic right of every citizen. It is the government's responsibility to ensure that every household has a ...Read More >