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.
Panaji, Apr 7 (PTI) A 23-year-old woman employee of a five-star hotel was killed, and her male colleague seriously injured after a speeding luxury car allegedly driven by a businessman's son rammed into their motorcycle in North Goa, police said on Tuesday. The police on Monday arrested Darius Dias (22) in connection with the accident, which took place in the Dona Paula locality near here on Sunday night, an official said. Dias, who was allegedly driving a Mini Cooper, rammed the vehicle into the motorcycle, he said, adding that the car bore a temporary number plate, installed before a vehicle is registered with the Regional Transport Office (RTO). Diksha Parwadkar, who was riding pillion on the motorcycle, was declared dead on arrival at a private hospital, while her colleague D Arunkumar (26) remains in a critical condition, the official said. The duo were employed at a five-star hotel and were returning home after completing their night shift, he said, adding that a probe is underway. PTI RPS ARU
Bhubaneswar, Jan 31 (PTI) The Odisha Vigilance Department on Friday arrested an official of the Integrated Tribal Development Agency (ITDA) of Mayurbhanj district after detecting disproportionate assets in his possession. The arrested official was a project administrator at the ITDA in the district's Bonai area. Also Read | 'Touched Private Parts Pricked With Pen': Tuition Teacher in Nagaur, Rajasthan Sexually Abused Class 2 Girl for 6 Months, Arrested. A case has been registered at the Rourkela vigilance police station against the official and his wife under various sections of Prevention ...Read More >
Bengaluru, Feb 4 (SocialNews.XYZ) In a major Regional Transport Office operation, 30 luxury cars, including Ferrari and Porsche, were seized for alleged tax evasion in Bengaluru. The seizure of luxury cars is done for non-payment of taxes by the owners, an RTO official said on Monday. The seized vehicles were registered in different states but illegally driven in Karnataka. This operation is expected to recover around Rs 3 crore in taxes. Luxury cars, including Maserati, Ferrari, Porsche, Range Rover, and BMW have been seized, the sources said. These top-end cars were registered in states ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...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 >
New Delhi/Noida, Jun 27 (PTI) End-of-life vehicles detected at fuel stations or found parked at public places will be impounded and a penalty of Rs 10,000 imposed on four-wheeler owners and Rs 5,000 on two-wheeler owners starting July 1, officials said on Friday. EOL vehicles are diesel vehicles older than 10 years and petrol vehicles older than 15 years. Irrespective of the states they are registered in, they will not be given fuel in Delhi starting July 1, according to directions issued by the Commission for Air Quality Management (CAQM) earlier. Around 500 fuel stations in Delhi have inst ...Read More >
Chennai, Jun 28 (PTI) Two and three-wheeler manufacturer TVS Motor Company has launched OBD2B Compliant 2025 TVS Apache RTR 160 cc motorcycle, equipped with OBD2B compliance, Dual-Channel Anti-lock Braking System (ABS). The new range of its highly popular motorcycle is priced from Rs 1.34 lakh (ex-showroom Delhi). Also Read | Bodoland Lottery Result Today, June 28, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. "The 2025 TVS Apache RTR 160 is OBD2B compliant and introduces dual channel ABS, delivering enhanced safety and contro ...Read More >
New Delhi, Jul 1 (PTI) Luxury carmaker Audi on Tuesday said its half-yearly retail sales declined 63 per cent year-on-year to 2,128 units. The company sold 2,477 units in the January-June period of last year. The brand with the four rings is facing headwinds as slowing demand -- driven by price increases from a weakening exchange rate and heightened market uncertainty amid evolving geopolitical tensions -- continues to impact performance, Audi India said in a statement. However, the company remains confident in the growth of the Indian luxury car market in the forthcoming festive season, dr ...Read More >
New Delhi, Jul 3 (PTI) The Delhi government on Thursday urged the Centre's air quality panel to immediately suspend the fuel ban on overage vehicles and said it will also make "all out efforts" to resolve issues related to restrictions on the movement of end-of-life vehicles on the city's roads. In his letter to Commission for Air Quality Management (CAQM) chairman Rajesh Verma, Environment Minister Manjinder Singh Sirsa said the fuel ban is not feasible and that it cannot be implemented due to technological challenges. The move three days after the ban came into effect in the national capit ...Read More >
Mysuru (Karnataka), Jul 12 (PTI) A 38-year-old man who is booked under sections of the POCSO Act has been attacked along with his family members, allegedly by the victim's family in Mysuru while they were riding an auto rickshaw, police said on Saturday. The incident occurred on Thursday night on Ramanuja Road when the accused, along with his wife, sister and mother, were returning home after visiting a police station in connection with the case, they said. The attack was purportedly captured on CCTV cameras and mobile phones, and the visuals soon went viral. The videos show that people who ...Read More >
Mumbai: The death toll in Monday's BEST bus crash rose to seven and the number of injured to 42 even as the driver, Sanjay More, booked for culpable homicide not amounting to murder, claimed he had noticed a spark and mistakenly accelerated the bus instead of applying brakes. Seeking More's custody, police said they want to investigate if he intentionally used the vehicle as a weapon. The bus on Route 332 had accelerated on a congested 200m stretch near Kurla station hitting vehicles and pedestr ...Read More >
Hyderabad, Jun 5 (PTI) A 21-year-old student from Telangana, who was pursuing MBBS in Vietnam, died in a road accident in Can Tho City, his father said on Thursday. Arshid Ashrit, who was riding a bike, was killed in the accident on Wednesday morning, his father Arjun said, citing information received by him. A pillion rider reportedly escaped with minor injuries. Also Read | Gautam Gambhir Reacts On Bengaluru Stampede During RCB's IPL 2025 Victory Celebrations During IND vs ENG Pre-Departure Press Conference, Says 'Was Never a Believer in Road Shows'. Ashrit joined the course two years ago ...Read More >
NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >
Bengaluru: A Ferrari owner in Karnataka's capital, Bengaluru, had to pay a hefty road tax and penalty of Rs 1.42 crore for driving a Maharashtra-registered super luxury car on Bengaluru roads for an extended period. The Ferrari SF90 Stradale was being used without paying the applicable Karnataka road tax. Bengaluru RTO officials had been tracking the car for several months. Finally, it was caught on Thursday morning, and the owner was forced to pay a massive amount in taxes and fines. According to media reports, RTO officials in Karnataka recovered Rs 1.42 crore in road tax and penalties from ...Read More >
Pune, Jul 4 (PTI) Police on Friday said the suspect detained in connection with the alleged rape of a Pune IT professional at her home was her friend, casting doubts on the woman's claim that he was a stranger and had gained entry by posing as a courier delivery agent. Police Commissioner Amitesh Kumar said neither was there any sign of forced entry nor any spray that could be used on the victim. Moreover, the selfie in question was taken with the consent of both, and it was the victim who edited the photo and typed a threatening message on her phone after he left her place around 8.30 pm on ...Read More >
Thane/Mumbai, July 7 (PTI) Two children were injured after falling off a speeding school van when its rear door opened in Ambernath town in Thane district on Monday, police said. A video of the incident has gone viral on social media. The Regional Transport Office (RTO) at Kalyan stated that action will be taken against the school van under the School Bus Rules, 2011, and relevant sections of the Motor Vehicles Act after document verification. A police official stated that the van driver didn't stop after the children fell on the road and continued driving. "An auto rickshaw driver and oth ...Read More >
Delhi's End-of-Life (EOL) vehicle ban takes effect on November 1 The Commission for Air Quality Management (CAQM) has decided to defer the fuel ban on end-of-life (EOL) till November 1, 2025. According to PTI sources, the panel reviewed the fuel ban and decided to delay the enforcement of this ban till November. The report states that the End-of-Life (EOL) vehicle ban will be implemented across the National Capital Region (NCR), covering Gurugram, Faridabad, Ghaziabad, Gautam Budh Nagar, and Sonipat. Delhi fuel ban: No end-of-life vehicles seizure According to PTI, CAQM has instructed the a ...Read More >
New Delhi, Jul 11 (PTI) Inter-ministerial consultations are underway for a ₹1,345-crore scheme to subsidise production of rare earth magnets in India with two select manufacturers proposed to be given incentives, Union Heavy Industries Minister H D Kumaraswamy said on Friday. The proposed scheme comes in the wake of China restricting exports of rare earth magnets that has hit global supplies, impacting EV makers, including in India. It will provide end-to-end support for conversion of rare earth oxides into magnets. The proposal may be sent to the Union Cabinet for approval once the inter-m ...Read More >
Vadodara, Jul 12 (PTI) The search and rescue operations resumed in the Mahisagar River in Gujarat's Vadodara for the fourth consecutive day on Saturday to retrieve the body of a man still missing since the bridge collapse and to remove vehicles and the main slab of structure that fell into the river. The toll in the tragedy rose to 20 on Friday after one more body was recovered from the river and another injured person died at the hospital while undergoing treatment. Also Read | Mahagathbandhan Meeting Today in Patna to Finalise Alliance's Strategy to Take On Ruling NDA in Upcoming Bihar Ass ...Read More >
Mumbai, Jul 17 (PTI) Prepping for an action movie is becoming increasingly more challenging with each passing year, month and day, says superstar Salman Khan, who terms his next feature one of the most "physically demanding" projects of his career. Salman, who will turn 60 in December this year, is pouring his heart and soul into "Battle of Galwan" directed by Apoorva Lakhia of "Shootout at Lokhandwala" fame. The much anticipated war drama is based on the 2020 Galwan Valley conflict between India and China. "It is physically demanding. Every year, every month, every day it gets more and mor ...Read More >
Mumbai, December 3: Three people including the car driver have been arrested for allegedly dragging a biker rider on the bonnet of the car for 2 kilometres in Maharashtra's Pune, a police officer said on Tuesday. The incident unfolded on December 1 in Pune's Pimpri Chinchwad following an altercation with the car driver, the official said. Pune Police Inspector Ashok Shirke said that car driver along with his two friends have been arrested and booked under section 103 of Bharatiya Nyaya Sanhita. Pune Shocker: Audi Driver Drags Bike Rider on Car Bonnet for 2 Kms After Altercation in Pimpri Chinc ...Read More >
Shimla: Heavy rains lashed Himachal Pradesh on Sunday, triggering landslides and flash floods and blocking more than 100 roads, even as the weather department issued a red alert.A landslide at Chakki Mod near Parwanoo blocked the Chandigarh-Shimla highway for hours, resulting in a massive traffic jam Sunday morning. The local administration had to divert traffic through the Jangeshu link road until the landslide debris was cleared at Chakki Mod.The traffic was first restored one-way and later two-way, but the traffic jam continued on both sides of the highway throughout the day due to slow veh ...Read More >
Hapur (UP), Jul 3 (PTI) Five people including four minors were killed in a road accident after the motorcycle they were riding was struck by a speeding truck in Uttar Pradesh's Hapur, police said on Thursday. The accident occurred near the Miniland School on Bulandshahr Road in the Hapur police station area on Wednesday night, Additional Superintendent of Police Vineet Bhatnagar said. According to initial reports, Danish, 40, a resident of Rafiqnagar, was returning from a swimming pool at a friend's farmhouse in the Hapur area. He was riding the motorcycle with his two children and his brot ...Read More >
New Delhi, July 3 (SocialNews.XYZ) The Delhi High Court has agreed to examine a plea challenging the city government's policy to penalise and prosecute the petrol pump owners if they refuel 'end-of-life' (EoL) vehicles -- petrol vehicles older than 15 years and diesel vehicles older than 10 years. A bench of Justice Mini Pushkarna issued notice and sought responses from the Delhi government and the Commission for Air Quality Management (CAQM) on the plea filed by the Delhi Petrol Dealers Association. As per the petition, the "arbitrary" and "irrational" SOP (Standard Operating Procedure) iss ...Read More >
Ahmedabad, Jul 10 (PTI) Three years before the bridge over the Mahisagar river in Gujarat's Vadodara district collapsed, killing 15 persons, an activist had alerted about its "dangerous condition" to a government official, who also admitted at that time that the structure "may not survive long". Social activist Lakhan Darbar, who runs an outfit named 'Yuva Sena', said he had flagged the concerns regarding the bridge during his conversation with a government official in August 2022. He added that despite the precarious condition of the bridge, the agencies responsible did not take timely actio ...Read More >
Ludhiana, Jul 10 (PTI) In a shocking incident, the body of a 30-year-old woman was found stuffed in a sack, allegedly dumped by two men near Aarti Chowk here, police said on Thursday. The woman, Reshma from Lucknow, was allegedly strangled to death by her in-laws, and her body was dumped on the roadside. Joint Commissioner of Police Rupinder Singh said three persons, Reshma's in-laws and a relative, have been arrested in connection with the alleged murder. The accused have been identified as Krishan (father-in-law), Dulari (mother-in-law) and a relative, Ajay. The incident came to light on ...Read More >
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Also Read | SOF NSO Results 2024-25 Out at sofworld.org: National Science Olympiad Exam Result Released, Get Direct Link and Know Steps To Download. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies h ...Read More >
NEW DELHI: The Delhi government is set to deploy joint enforcement teams from the transport department, traffic police, and MCD at fuel stations to implement the ban on refuelling end-of-life vehicles (ELVs) from July 1. These teams will monitor compliance on the ground and impound any vehicles found violating the directive. "We will deploy a team comprising transport and traffic police officials at each of these fuel stations. They will ensure that there is no law-and-order problem while implementing the system," said Ajay Chaudhary, Special Commissioner (Traffic), Delhi Police. End-of-lif ...Read More >
Vadodara, Jul 10 (PTI) The death toll in the Mahisagar river bridge collapse in Gujarat's Vadodara district reached 17 even as a search-and-rescue operation was underway for three persons missing in the incident, officials said on Thursday. Several vehicles plunged into the Mahisagar river after a segment of the four-decade-old bridge, connecting Anand and Vadodara districts, collapsed near Gambhira village close to Padra town on Wednesday morning. The incident had taken place at 7am. "Three persons are still missing and a search-and-rescue operation is underway by at least 10 teams of the N ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
New Delhi/Noida, Jun 27 (PTI) End-of-life vehicles detected at fuel stations or found parked at public places will be impounded and a penalty of Rs 10,000 imposed on four-wheeler owners and Rs 5,000 on two-wheeler owners starting July 1, officials said on Friday. EOL vehicles are diesel vehicles older than 10 years and petrol vehicles older than 15 years. Irrespective of the states they are registered in, they will not be given fuel in Delhi starting July 1, according to directions issued by the Commission for Air Quality Management (CAQM) earlier. Also Read | UK F-35B Lightning II Stealth F ...Read More >