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.
Kolkata, Apr 6 (PTI) West Bengal Chief Electoral Officer (CEO) on Monday appointed IAS officer Vibhu Goel as the additional CEO with immediate effect, entrusting him with crucial coordination responsibilities related to the SIR exercise, an official order said. Goel will serve in his new role until further orders, according to the directive by CEO Manoj Kumar Agarwal. In his capacity as additional CEO, Goel will act as the single point of contact between the EC, the appellate tribunals headed b
The Election Commission introduces new rules for voter enrollment. Voters enrolled after 2003-04 must now provide proof of citizenship. This includes a self-attested declaration and supporting documents. The move aims to remove illegal immigrants from the electoral roll. Bihar will be the first state to implement the special intensive revision. Other states will follow soon.In a move to identify and remove illegal immigrants wrongly included in the electoral rolls, the Election Commission has man ...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 >
Kolkata, Jun 28 (PTI) Union Minister Ashwini Vaishnaw on Saturday said the Centre is committed to investing in the railway sector in West Bengal and has significantly increased allocations as part of its broader push to boost connectivity, cargo movement and support micro and small enterprises in the state. Speaking at the inauguration of the Udyami Sammelan Mela 2025 at the National Library in Kolkata, Vaishnaw said the railway budget for Bengal has seen a sharp rise from around Rs 3,000 crore under the previous regime to around Rs 14,000 crore now. The minister outlined upcoming projects, ...Read More >
Ludhiana, Jun 8 (PTI) Punjab Congress president Amrinder Singh Raja Warring on Sunday asserted that his party will win the Ludhiana West assembly bypoll, scheduled to be held on june 19, with a "record margin". "Congress practically has no competition here", he claimed. Warring, who is also the Ludhiana MP, said that the ruling Aam Aadmi Party (AAP) was badly mistaken that the Congress would allow it to abuse power and misuse the official machinery for the elections. "First of all, we will not let any misuse of the official machinery and second, in case any official is found to be misusing ...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 >
Kolkata: A two-member National Commission for Women team on Sunday visited the south Kolkata law college where a student was allegedly gang-raped last week.The team, accompanied by a videographer, was initially denied entry and asked to produce a formal order. After an hour-long discussion at the college entrance, the team, led by Archana Majumdar, was allowed in under two conditions -- no access to the crime scene and no videography permitted.The visit lasted 10 minutes. "We were denied access to the crime scene and other floors. I will include this in my report," said Majumdar, who was the f ...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 >
Haridwar (Uttarakhand) [India], July 6 (ANI): Yoga Guru Baba Ramdev on Sunday paid tribute to Dr Syama Prasad Mookerjee on his 125th birth anniversary, saying that if Kashmir is fully part of India today and Article 370 was removed, it is because of Dr Mookerjee's inspiration, contribution, and sacrifice. Speaking to the reporters, Baba Ramdev said, "Today, if Kashmir is an integral part of India and Article 370 has been removed there, then the main inspiration, contribution, and sacrifice behind this is Dr. Syama Prasad Mookerjee's..." Also Read | Bihar Assembly Elections 2025: Chirag Paswa ...Read More >
Patna (Bihar) [India], July 15: The Bihar Idea Festival, an initiative aimed at discovering and supporting emerging startups across the state, driven by ideas, identity, and innovation, has taken a significant step forward with the launch of its new portal, opening a "significant opportunity for Bihar's startup sector." Also Read | Dabba Trading-Online Betting Racket: ED Conducts Searches in Mumbai in Money Laundering Case; INR 3.3 Crore Cash, Luxury Watches and Jewellery Seized. Launched a few weeks ago, it is a flagship initiative of the Department of Industries, Government of Bihar, and Y ...Read More >
Bengaluru, Jul 1 (PTI) The Central Administrative Tribunal (CAT) has quashed the Karnataka government's suspension order against senior IPS officer Vikash Kumar Vikash, who faced the action in the wake of a fatal stampede here last month. The tragic incident on June 4 in front of M Chinnaswamy stadium claimed the lives of 11 people, drawing sharp criticism over the planning and crowd management. Vikash had challenged the government's June 5 suspension order before the tribunal, which also included the names of then Bengaluru Police Commissioner B Dayananda and DCP Shekar H Tekkannavar. The ...Read More >
Kolkata, Jul 8 (PTI) Shubman Gill is enjoying a "honeymoon period" as India's Test captain but there will be more pressure on him in the days to come, feels former India skipper Sourav Ganguly. Ganguly, who turned 53 on Tuesday, recalled his recent interview with PTI while stressing that Indian cricket will never be devoid of talented players. With 585 runs, Gill is now just 18 short of surpassing Rahul Dravid's tally of 602 (in 2002) for the most runs by an Indian batter in a series in England. India bounced back in splendid fashion to win the Edgbaston Test by a dominant 336 runs and level ...Read More >
Patna: The state govt on Monday launched the 'Bihar Idea Festival', a dedicated portal aimed at encouraging grassroots innovation and entrepreneurship across the state. State industries minister Nitish Mishra inaugurated the portal at an event held at Soochna Bhawan, describing it as a "milestone" initiative that will allow students, youth, entrepreneurs and startup teams, even from rural areas, to submit their ideas directly to the govt."The aim is to collect innovative ideas and solutions from ...Read More >
Kolkata: The number of Bangladeshi released prisoners languishing in correctional homes across the state has come down to 179 -- as of Jan 1, 2024 -- compared to 495 in 2011. According to the West Bengal Correctional Services data, there were 212 released foreign nationals or 'jankhalash' -- 136 men and 76 women -- in correctional homes in the state as of Jan 1, 2024, out of which 179 were from Bangladesh. Most of these foreigners were lodged in Dum Dum Central Correctional Home (171), while the rest were in Berhampore CCH (24), Jalpaiguri CCH (16), and Presidency CCH (1). On Jan 30, the Sup ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Kolkata, Jun 29 (PTI) Senior BJP leader Suvendu Adhikari led a rally on Sunday in protest against the alleged gang rape of a first-year student of a state-run law college in the city demanding security for every daughter across West Bengal. Similar rallies were also taken out by the Congress, CPI(M) and civil society members in the city and its outskirts. Adhikari, the Leader of the Opposition in West Bengal Assembly and other party activists walked a distance of less than one km demanding protection for "our daughters". "Unless Mamata Banerjee is thrown out of power, such incidents of abus ...Read More >
Kolkata: BJP on Saturday criticised urban development minister Firhad Hakim over a video where the Kolkata mayor is purportedly heard making a comment on minorities. Hakim had made the comment while addressing an educational conference recently. Hakim said BJP was using his quote out of context and he was only referring to the gulf between the educated and the uneducated. "As education spreads, the gulf will be bridged and there will be one identity," said Hakim. Saying that he would never play ...Read More >
Ranchi, May 21 (SocialNews.XYZ) The Rs 100-crore liquor scam in Jharkhand appears to be linked with a similar racket in neighbouring Chhattisgarh, with central agencies such as the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) likely to expand their probe into the matter. On Tuesday, the Anti-Corruption Bureau (ACB) of Jharkhand arrested senior IAS officer and former Excise Secretary Vinay Chaubey and Joint Excise Commissioner Gajendra Singh in connection with the Jharkhand liquor scam. Both officers have already been named as accused in the Chhattisgarh liquor s ...Read More >
Patna: BJP's West Bengal in charge and Bihar's health and law minister Mangal Pandey on Wednesday claimed that a three-member committee appointed by the Calcutta High Court had exposed the Mamata Banerjee govt and implicated Trinamool Congress (TMC) leaders in the Murshidabad violence, in which three people, including a father-son duo, were brutally killed during protests against the waqf law last month.The committee, tasked with probing the Murshidabad incident, highlighted serious lapses by the ...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 >
Kolkata: Calcutta High Court on Friday asked the Union ministry of home affairs to submit a report on the recent deportation of six people, including children, to Bangladesh by the Delhi Police. The court set a deadline of Wednesday and also asked the Bengal chief secretary to get in touch with his Delhi counterpart and submit a report.The directive followed two habeas corpus writs that came up for hearing before the bench of Justice Tapabrata Chakraborty and Justice Reetobroto Kumar Mitra on Friday. One alleged that an eight-year-old boy and his parents had been deported to Bangladesh and the ...Read More >
New Delhi [India], July 14 (ANI): Air India CEO and Managing Director Campbell Wilson on Monday said that that Aircraft Accident Investigation Bureau (AAIB) preliminary report on AI-171 plane crash in Ahmedabad has not found mechanical or maintenance issues with the aircraft or engines and urged people not to draw any premature conclusions before the investigation is completed. Addressing Air India employees in a mail, Campbell Wilson emphasised that the report did not identify cause nor make any recommendations for the June 12 crash of Air India Boeing 787-8 plane crash in which 260 people w ...Read More >
Kolkata/Berhampore: Odisha has released 403 out of 447 Bengali-speaking migrants it had detained, suspecting them of being illegal Bangladeshi immigrants, over the past three days. Most of the Bengali-speaking migrant workers have been released, said Trinamool MP Samirul Islam, who chairs the state migrant workers' welfare board.The migrant workers, most of them from Birbhum and Murshidabad and some from South 24 Parganas, had been mostly picked up by the Jharsuguda police, according to Islam.Samiul Sk from Shahjadpur village in Murshidabad was among those detained. His father, Sariful Seikh, ...Read More >
Mumbai : Tesla's long awaited India debut finally took place with chief minister Devendra Fadnavis inaugurating its showroom in Mumbai on Tuesday. The Elon Musk-led car maker unveiled its Model Y compact all-electric SUV at its 'Experience Centre' in Bandra-Kurla Complex with the CM describing it as the "right city and the right state" for the launch."Mumbai stands for innovation and sustainability. In 2015, when I went to the US, I had my first ride in a Tesla, and then I thought we need such a vehicle for mobility in India. But it took 10 years for it to come to India. But we are very happy ...Read More >
Mumbai, Jul 17 (PTI) India's largest realty firm DLF Ltd, which has re-entered the Mumbai market with a premium housing project, on Thursday said it is taking its foray in the financial capital "seriously" and the two geographies in the North and the West of India are going to be very important markets going forward. The Delhi-headquartered real estate giant also said that it has up to 20 joint venture proposals on its table from different entities, but it plans to establish its presence in the financial capital in a certain way. In July 2023, DLF announced its re-entry in the Mumbai market ...Read More >
New Delhi, July 3 (SocialNews.XYZ) Low-cost carrier IndiGo on Thursday announced the appointment of retired IAS officer Amitabh Kant as a Non-Executive Director on the Board of Directors of its parent company InterGlobe Aviation Limited, subject to regulatory and shareholder approvals. A 1980 batch officer of the Indian Administrative Service's (IAS) Kerala cadre, Amitabh Kant, has had an administrative career spanning over four decades. Most recently, he served as India's Sherpa during the G20 Presidency. He was part of PM Modi's team that delivered the historic New Delhi Leaders' Declaratio ...Read More >
Hyderabad (Telangana) [India], July 6 (ANI): Telangana BJP President N Ramchander Rao on Sunday paid floral tributes to Dr Syama Prasad Mookerjee on his 125th birth anniversary at the central hall of Samvidhan Sadan in Hyderabad. Rao praised Syama Prasad Mookerjee as the founder of the Jan Sangh and the architect of the 'one nation, one law' vision. He said the abrogation of Article 370 is a significant tribute to Mookerjee's nationalist ideals, which continue to inspire BJP workers and people across India. Speaking to ANI, N Ramchander Rao said, 'Syama Prasad Mookerjee is the founder of th ...Read More >
Kolkata: The alleged detention and deportation of Indian citizens from West Bengal is snowballing into a serious concern, with the state government receiving fresh complaints about the alleged detention of 227 migrant workers from Bengal in Jharsuguda in Odisha after being labelled as 'Bangladeshis'. Meanwhile, two habeas corpus petitions have been filed in the Calcutta High Court against the Delhi Police over the illegal detention and deportation of a couple from Murarai in Birbhum, along with their minor son. "The Calcutta High Court is scheduled to hear the two habeas corpus petitions file ...Read More >
Kolkata (West Bengal) [India], July 17 (ANI): The 134th Durand Cup Organizing Committee (DCOC) announced that the total cash prize money pool of this year tournament will increase three times to ₹3 Crore. The announcement was made during the trophy unveiling ceremony in Kolkata as the City of Joy geared up to host Asia oldest football tournament. Along with the winners and runners up, teams reaching the semi-finals and quarterfinals along with three individual awards will also receive a share of the prize pool, as per a release from Durand Cup. The three trophies of the Durand Cup were showca ...Read More >
New Delhi: The second match of the five-match Test series between India and England will be played at Edgbaston in Birmingham. It will start on July 2. In this Test, Shubman Gill has a chance to create history. Actually, the Indian team has not been able to win on this ground so far. Team India played the first match on this ground in 1967. Be it Virat Kohli or Dhoni or Dravid or Sourav Ganguly, no Indian captain has won here in 58 years. However, Gill will have a chance to get his name registered in the history books. If he manages to end the drought of 58 years, he will become the first Indi ...Read More >
Kolkata: Attending a programme at Panihati in North 24 Parganas, Union Education Minister Dharmendra Pradhan on Sunday had condemned the rape incident in college. The Union Education Minister also lamented the decline of Bengal's legacy in education and culture during Trinamool Congress (TMC) regime. "The culprits will be tried in the people's court of Bengal. They must be thrown out only then peace will return in Bengal. This is not just a matter of CBI probe. Mamata didi was once a student leader. I am surprised how such criminals are given patronage? Does it not pain her? What condition s ...Read More >