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.
Dona Paula, Goa: A tragic road accident in North Goa has sparked outrage and demands for transparency after a young hospitality professional lost her life in what police describe as a high-speed collision involving a luxury car allegedly driven by a businessman's son. The accident took place late Sunday night in the Dona Paula area when a speeding Mini Cooper allegedly rammed into a motorcycle carrying two hotel employees. The impact proved fatal for 23-year-old Diksha Parwadkar, who was riding pillion, while her colleague D. Arunkumar, 26, sustained critical injuries and continues to battle for his life in hospital. Police arrested 22-year-old Darius Dias a day after the incident. Officials confirmed that the luxury car involved carried a temporary registration plate, typically used before permanent registration with the Regional Transport Office. Authorities have registered a case and begun an investigation into the circumstances leading to the collision. Who was Diksha Parwadkar? According to reports, Disha was a young professional who had recently begun building her career in Goa's hospitality industry. She worked at the Taj Resort and Convention Centre in Dona Paula. She originally hailed from Parwad a village in the Western Ghats that falls in Karnataka along Goa's southern border, according to reports. Her sudden death has left coworkers and loved ones devastated, with many on social media expressing shock that a promising life was cut short in a preventable accident. Family alleges lack of transparency As grief turned into frustration, Diksha's family publicly accused authorities of withholding key details related to the investigation. According to reports cited by O Herald, the family claims they received little communication from officials regarding the identity of the accused or the status of arrests during the initial stages. They have also raised serious questions about who settled hospital expenses and why no clear explanation has been provided so far. The silence, they say, has deepened suspicions of a possible attempt to dilute the case. Public outrage and demand for justice The incident has triggered widespread anger online, with netizens questioning whether influential connections are influencing the probe. Many social media users are demanding a transparent and unbiased investigation to ensure accountability. Others have also questioned why the name of the youth who was driving the car is not visible in the reports. Diksha's family has vowed to continue speaking out until every detail surrounding the crash is made public, insisting that justice for the young hotel employee must not be compromised.
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 >
BENGALURU, India, June 5, 2025 /PRNewswire/ -- Marriott India proudly achieved its ambitious goal for World Environment Day 2025, a commitment to plant 100,000 trees across its extensive portfolio of over 150 hotels nationwide. This significant undertaking marked a powerful escalation of Marriott India's dedication to sustainability and ecological restoration, building upon the success of its previous environmental initiatives. This landmark endeavor was built upon the successful foundation of last year's 'Two Trees per Room' initiative, launched on World Environment Day 2024. That program, a ...Read More >
Ahmedabad (Gujarat) [India], June 7 (ANI): The Ahmedabad City Crime Branch on Sunday successfully apprehended Abhishek alias Shooter Sanjaybhsinh Tomar, a notorious criminal with a history of violent offences, after a tense standoff at an apartment in Odhav. Tomar, wanted in multiple cases involving assault, rioting, and illegal arms possession, had been evading the law. Also Read | Encroachers Can't Claim Right To Continue Occupying Public Land, Says Delhi High Court. Acting on a tip-off, the Crime Branch team arrived at Shivam Awas, Building X, Flat No. 505 in Bhavang Flats, where Tomar h ...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 >
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 >
Agartala, July 2 (SocialNews.XYZ) Tripura Chief Minister Manik Saha said on Wednesday that statistics show the number of deaths and injuries in road accidents in the state is much lower than the national average and emphasized that this number must be reduced further. After flagging-off 16 basic life support ambulances and virtually launching VLT (Vehicle Location Tracking) and MT (Monitoring System), the Chief Minister said that efforts should be made to ensure that accidents do not occur due to carelessness. Both the Central and state governments are working together to prevent road accide ...Read More >
Noida: Liquor revenue in the city jumped by 35% in the first quarter of 2025-26 compared to the same period last year. The city recorded Rs 625 crore in liquor revenue from April to June 2025, compared to Rs 462 crore during the same period in 2024-25.According to excise department data, the revenue in the first quarter of 2023-24 was Rs 430 crore, showing a 7% growth between 2023-24 and 2024-25 and a much larger jump this year.The sharp rise is attributed to the new liquor policy in the state, which made significant structural changes to the retail and licensing system.The month-wise revenue ...Read More >
New Delhi: A 20-year-old man from east Delhi's Shakarpur was allegedly lured by a woman he met on social media, then kidnapped and assaulted by her associates near a metro station. Delhi Police have arrested one person in connection with the case and are searching for others involved.According to police, the victim met the woman near Laxmi Nagar Metro Station on July 3. She took him to Indirapuram Mall and later returned with him to the metro station, where five men intercepted them, forcibly abducted the victim, and assaulted him at multiple locations, including a forested area.The victim's s ...Read More >
US, Spain, Thailand, China, Tokyo, Munich, and more will showcase Marriott International's trailblazing luxury experiences, offering transformative travel in 2025. At the International Luxury Travel Market (ILTM) in Cannes, Marriott International, Inc. has unveiled an exciting new phase of global expansion. The Luxury Group is introducing a range of innovative brand extensions, including luxury tented camps, remote lodges, and personalized experiences, all designed to elevate Marriott's position as a global leader in premium hospitality. With a portfolio that includes renowned names such as T ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advanced Systems Ltd (TASL) for manufacturing key sections of the Rafale fighter jet, including the lateral ...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 >
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 >
Pune : Radisson Blu Pune Hinjawadi announces the appointment of Mr. Prajanya Chauhan as Assistant Food and Beverage Manager. With an impressive career spanning 14 years in the hospitality industry, Prajanya brings with him a wealth of experience in food and beverage operations, guest satisfaction, and team leadership. A graduate in Hotel Management, his professional journey includes key roles at renowned hospitality brands such as Radisson Chennai, Cidade De Goa, Taj Vivanta Goa, Holiday Inn Goa, Novotel Goa, Della Resorts Lonavala, and Royal Orchid Hotel Bangalore. Recognized for his operati ...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 >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the presence of her mother. The minor, who had been living with her father following her parents' separat ...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 >
Travellers in India -- both domestic and international -- have been facing numerous flight delays and disruptions in recent days. These include delays in Air India's Dreamliner fleet due to stricter inspection norms set by the Directorate General of Civil Aviation (DGCA) after the AI 171 crash, long-haul flight delays due to route disruptions caused by the Middle East tension, and domestic delays owing to bad weather conditions. Many passengers have taken to social media to express frustration and share images of the chaos across airports. So, if you're one of the affected airline passengers ...Read More >
New Delhi, July 5 (UNI) In a move aimed to curb the sale of substandard helmets and enhance road safety, the Department of Consumer Affairs, in coordination with the Bureau of Indian Standards (BIS), has seized over 3,000 non-compliant helmets from manufacturers and retailers across the country. The action, part of a nationwide crackdown on helmet manufacturers operating without valid BIS licences, saw enforcement teams confiscate more than 2,500 helmets from nine manufacturers whose licences had either expired or been cancelled. Additionally, around 500 substandard helmets were seized from r ...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 >
Sunmei Hotels Group has announced the launch of Sunmei Group International (SGI) and three new overseas brands—SHANKEE, PENRO, and LANOU—marking its expansion into the UAE market. The company plans to introduce SHANKEE Hotels, a smart economy brand, to cities like Dubai, Abu Dhabi, and Riyadh. SGI focuses on smart marketing, modular renovations, and intelligent operations, leveraging big data and AI to enhance service and guest experiences. Chairman Ma Yingyao aims to open 100 hotels globally within the next decade, doubling revenue and establishing a strong international presence for Chinese ...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 >
New Delhi [India], July 5 (ANI): The Department of Consumer Affairs, Government of India, and the Bureau of Indian Standards (BIS) appeal to consumers across the country to use only BIS-certified helmets. Additionally, the Department has called for strict enforcement against the manufacture or sale of helmets without BIS certification, a press release said With over 21 crore two-wheelers on Indian roads, rider safety is paramount. While wearing a helmet is mandatory under the Motor Vehicles Act, 1988, its effectiveness depends on quality. Sub-standard helmets compromise protection and defeat ...Read More >
Bengaluru: They were all minors but wanted to make quick bucks to splurge on drugs, cigarettes and snacks. Setting eyes on lone victims, mainly pedestrians near bus stands or isolated streets, three Class IX students and one first-year PU student ganged up for pre-dawn robberies across East Bengaluru for over a year. However their luck ran out when they snatched the valuables of a woman on July 3. Caught by KR Puram police, they are now cooling their heels in jail.On the morning of July 3, a woman in her 50s was walking past Garden City College when two of the juveniles, riding a stolen gearle ...Read More >
Thiruvananthapuram (Kerala) [India], July 9 (ANI): Following the violent protest at Kerala University, a case has been registered against 27 activists of the ruling CPM's Students Federation of India (SFI), including its state secretary P S Sanjeev, who has been named the prime accused, police said. The case also names 1,000 identifiable protesters who have been accused of damaging public property, forcibly entering the university campus, and assaulting police and university staff, police said on Tuesday. Also Read | Nobel Peace Prize 2025: From Mahatma Gandhi to Jawaharlal Nehru, Check Full ...Read More >