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.
Bengaluru: The High Court of Karnataka on Monday refused to quash an FIR registered against a 25-year-old airport ground staff member accused of sexually harassing a Korean businesswoman at Kempegowda International Airport. Justice M. Nagaprasanna passed the order while dismissing a petition filed by the accused, a resident of the city. According to the complaint, the accused, who was working on a contract basis for security checks, stopped the 32-year-old businesswoman for additional verification after she had already cleared immigration for an international journey. It was alleged that the accused took her to a men's washroom under the pretext of further inspection and subjected her to an intrusive physical search without her consent and allegedly touched her inappropriately despite her objection. Based on the complaint filed on January 19, 2026, airport police registered a case under Section 75(1)(i) (sexual harassment) of the Bharatiya Nyaya Sanhita.
Bengaluru: In a setback to Karnataka Chief Minister Siddaramaiah, the Directorate of Enforcement (ED), Bangalore Zonal Office has provisionally attached 142 immovable properties having an approximate market value of Rs 300 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with the Mysuru Urban Development Authority (MUDA) scam. Chief Minister Siddaramaiah is accused number one in the case and the investigation is also conducted against others who got the illegal allotments done through the MUDA. His wife B.M. Parvathi is the second accused. "The ...Read More >
Bengaluru, June 5 (PTI) In a major development, Karnataka Chief Minister Siddaramaiah on Thursday suspended Bengaluru police commissioner B Dayananda and several other senior police officials in connection with the stampede outside the Chinnaswamy Stadium that killed 11 people. He also ordered the arrest of representatives of the RCB team, the event management firm DNA Entertainment Private Limited, and the Karnataka State Cricket Association (KSCA), hours after an FIR was registered against them under various charges, including culpable homicide not amounting to murder. The state government ...Read More >
New Delhi: The Enforcement Directorate (ED) on Friday carried out searches at 15 places in Mumbai and Kochi in connection with the Mithi River desilting scam that caused a wrongful loss of more than Rs 65 crore to the Brihanmumbai Municipal Corporation (BMC), official sources said. The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities. According to the sources, the searches are being carried out under the provisions of the Prevention of Money Laundering Act (PMLA) at locat ...Read More >
Bengaluru, June 6 (PTI) Karnataka State Cricket Association (KSCA) President Raghu Ram Bhat and a few other office bearers moved the Karnataka High Court on Friday seeking to quash the FIR filed against them in the Chinnaswamy stadium stampede case. Police on Thursday registered an FIR against RCB, event management firm DNA entertainment private limited, and Karnataka State Cricket Association (KSCA). Karnataka Chief Minister Siddarmaiah too on Thursday had instructed the state DGP and IGP to immediately arrest the representatives of RCB, DNA entertainment and KSCA in connection with the sta ...Read More >
BENGALURU: Marketing and Revenue Head of the Royal Challengers Bengaluru (RCB), Nikhil Sosale, on Friday approached Karnataka High Court challenging his arrest in connection with the stampede at Bengaluru's M Chinnaswamy Stadium during the RCB's victory celebration. Sosale was arrested by the Bengaluru Police in the early hours of June 6 (Friday). He has contended that the arrest was illegal, arbitrary and not in accordance with the law. He claimed that he was arrested without any materials and even before the police had conducted a preliminary enquiry. He has thus sought to declare his arr ...Read More >
Berhampur (Odisha), Jun 6 (PTI) Environmental activist Medha Patkar on Saturday appealed to the people of Odisha for protection of Rushikulya river. The government planned to construct a dam in the river Pipalapnaka under Sorada block in the district. While participating in the Save Rushikulya river movement in Ganjam district, she said, "Rivers may be small or big, but they are our mother. We have to protect the rivers from attacks." She attended a meeting were organised by the Rushikulya Banchao Kriyaanusthan Committee (RBKC) and the Centre for Climate Justice, spearheading the agitation a ...Read More >
Chandigarh, Feb 10 (SocialNews.XYZ) In a major crackdown on fraudulent immigration consultants exploiting innocent individuals, the Special Investigation Team (SIT) constituted by the Punjab Police on Monday said it has taken action to dismantle the multinational human trafficking nexus operating in the region. This action pertains to the Indians who had been deported from the US and had landed in Amritsar. Punjab Police has recorded statements against travel agents who defrauded them with false promises of illegal entry into the US. Acting on complaints from victims, Punjab Police have regi ...Read More >
Bengaluru (Karnataka) [India], June 6 (ANI): A complaint has been filed against cricketer Virat Kohli at the Cubbon Park Police Station in connection with the June 4 stampede near Bengaluru's Chinnaswamy Stadium that claimed 11 lives and left dozens injured. The complainant, social activist HM Venkatesh, accused Kohli of promoting what he described as "gambling through IPL," alleging it incited the massive crowd that led to the tragedy. Also Read | PM Narendra Modi's Panch Pran Initiative Inspired by Shivaji Maharaj's Hindavi Swaraj, Says Jyotiraditya Scindia. Police said the complaint will ...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 >
Bengaluru (Karnataka) [India], June 5 (ANI): A day after the tragic stampede during the IPL victory celebration event of the Royal Challengers Bengaluru (RCB) in Bengaluru that left 11 dead and dozens injured, Karnataka Chief Minister Siddaramaiah on Thursday said that a one-member commission has been formed to probe the incident. CM Siddaramaiah also announced that the state government has decided to suspend top police department officials, including the Commissioner of Bengaluru City Police. Speaking to the media, the Karnataka CM stated, 'Under the chairmanship of Justice Michael D'Cunha, ...Read More >
Bengaluru (Karnataka) [India], June 6 (ANI): Venu, one of the injured in the stampede that took place outside the Chinnaswamy Stadium in Bengaluru on June 4, is undergoing treatment at a hospital, recounted the tragedy that left eleven people dead and many more injured. The incident occurred when a massive crowd of fans gathered to greet the Royal Challengers Bengaluru (RCB) after they had won the IPL. 'We went to watch the event near gate no. 6 around 3:30 pm yesterday. The barricade fell and caused injury to me. I received a fracture. I'm better now, but I can't walk. Three of us went ther ...Read More >
Bengaluru (Karnataka) [India], June 6 (ANI): In the wake of the stampede that occurred during RCB's victory celebration, which led to 11 deaths, BJP State President BY Vijayendra, on Friday, demanded the resignation of the Chief Minister Siddaramaiah, Deputy Chief Minister DK Shivakumar, and Home Minister G Parameshwara. Addressing a press conference today, Vijayendra stated that the FIR names the Karnataka State Cricket Association (KSCA), RCB, and the organising agency DNA as accused. He launched a scathing attack, saying that the Chief Minister himself is Accused No. 1, the Deputy Chief Mi ...Read More >
Bengaluru, Jun 6 (PTI) The Karnataka State Cricket Association had sought permission for RCB's IPL trophy celebrations at Vidhan Soudha, a letter sent by it to the state government has revealed, reaffirming KSCA's assertion that it facilitated approvals for the franchise which is under fire following 11 deaths in a stampede outside the Chinnaswamy Stadium. After an FIR was lodged against them, KSCA president Raghuram Bhat, secretary A Shankar and treasurer E S Jayaram submitted in the Karnataka High Court that the gate management and crowd management were not the responsibility of the associa ...Read More >
Bengaluru stampede: Coming down heavily on lax policing in the aftermath of the stampede that took place during the Royal Challengers Bengaluru (RCB) victory parade, Karnataka CM Siddaramaiah on Thursday suspended senior Bengaluru police officers including city Police Commissioner 'with immediate effect'. Informing of the steps taken after 11 people were killed in the stampede on Wednesday, the chief minister said, "Cubbon Park Police Station Police Inspector, Station House Master, Station House Officer, ACP, Central Division DCP, Cricket Stadium in-charge, Additional Commissioner of Police, ...Read More >
Following a stampede at an IPL victory celebration in Bengaluru that resulted in 11 fatalities, Karnataka Chief Minister Siddaramaiah has suspended several top police officials for negligence. A judicial inquiry, led by Justice John Michael D'Cunha, will investigate the incident, along with a CID probe into RCB, KSCA, and DNA Entertainment Networks.Karnataka Chief Minister Siddaramaiah on Thursday announced the suspension of Bengaluru City Police Commissioner B Dayanand, Additional Commissioner ( ...Read More >
Karnataka Deputy Chief Minister D K Shivakumar expressed grief over the stampede near Chinnaswamy Stadium, lamenting the loss of lives and the damage to Bengaluru's reputation. He dismissed opposition allegations and accusations of playing politics, emphasizing the government's responsibility.Karnataka Deputy Chief Minister D K Shivakumar on Thursday turned emotional over the loss of lives due to the stampede near the Chinnaswamy Stadium and said that Bengaluru has lost its image due to the incid ...Read More >
The Karnataka State Cricket Association (KSCA) has denied responsibility for the stampede that took place outside Bengaluru's M Chinnaswamy Stadium during the Royal Challengers Bengaluru (RCB) victory celebrations. The incident led to the deaths of 11 people. In a statement, KSCA claimed it was not involved in organising the event, managing entry gates or handling the crowd. "The decision to hold the event was taken by the government. It was conducted at Vidhana Soudha, not at Chinnaswamy Stadium," the association said, adding that its role is limited to renting out the stadium and managing c ...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 >
Bengaluru, Jan 17 (PTI) The Karnataka High Court on Friday reserved its verdict on former Chief Minister B S Yediyurappa's petition seeking to quash a Protection of Children from Sexual Offences Act (POCSO) case against him. The BJP leader dismissed allegations that he had intentionally delayed his plea until after the complainant's death, arguing that he could not have predicted when she would pass away. Also Read | 'No Contradiction in Position': MEA After Indian Army Chief Gen Upendra Dwivedi's 'Degree' of Standoff Exists Between Indian and Chinese Remarks. The case was filed based on al ...Read More >
Karnataka State Cricket Association (KSCA) President Raghu Ram Bhat and a few other office bearers moved the Karnataka High Court on Friday seeking to quash the FIR filed against them in the Chinnaswamy stadium stampede case. Police on Thursday registered an FIR against RCB, event management firm DNA entertainment private limited, and Karnataka State Cricket Association (KSCA). Karnataka Chief Minister Siddarmaiah too on Thursday had instructed the state DGP and IGP to immediately arrest the re ...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 >
Bengaluru, June 6 (SocialNews.XYZ) Four people, including the Royal Challengers Bengaluru (RCB) Marketing Head and DNA Event Management Company staffers, were arrested on Friday in connection with the stampede near the Chinnaswamy Stadium in Bengaluru that claimed 11 lives. Nikhil Sosale, Head of Marketing for RCB, along with Sunil Matthew, Kiran, and Sumanth from DNA Event Management, have been arrested, according to the police. Police said the accused have been arrested in a joint operation at the Bengaluru International Airport. The police have also raided the residences of Karnataka Sta ...Read More >
Gurgaon: A chemist and a lab operator have been arrested for allegedly selling medical termination of pregnancy (MTP) kits illegally. Two separate FIRs were lodged against the accused at Sector 10 and Sector 9A police stations, police said on Friday.The pharmacy was sealed and medical officials have initiated proceedings to cancel its licence. District drugs control officer Suresh Verma said the department received information about illegal sales of MTP kits - also called abortion kits - from Juneja Chemist, located near Civil Hospital. A pregnant woman, who was deployed as a decoy customer, v ...Read More >
Two top Karnataka State Cricket Association (KSCA) officials resigned in the aftermath of the stampede at the M. Chinnaswamy Stadium, which claimed 11 lives. A. Shankar and E.S. Jairam, the KSCA Hon. Secretary and Hon. Treasurer respectively, tendered their resignation on Saturday (June 7, 2025). "This is to inform that due to the unforeseen and unfortunate events that have unfolded in the last two days and though our role was very limited, but owing moral responsibility, we wish to state that last night we have tendered our resignation to our respective posts as the Secretary and Treasurer ...Read More >
BENGALURU: The Karnataka State Cricket Association had sought permission for RCB's IPL trophy celebrations at Vidhan Soudha, a letter sent by it to the state government has revealed, reaffirming KSCA's assertion that it facilitated approvals for the franchise which is under fire following 11 deaths in a stampede outside the Chinnaswamy Stadium. After an FIR was lodged against them, KSCA president Raghuram Bhat, secretary A Shankar and treasurer E S Jayaram submitted in the Karnataka High Court that the gate management and crowd management were not the responsibility of the association. A let ...Read More >
Bengaluru, June 6: A Bengaluru court sent Royal Challengers Bengaluru (RCB) marketing head and three DNA Event Management Company staffers, arrested on Friday in connection with the stampede near Chinnaswamy Stadium, which claimed 11 lives, to judicial custody till June 19. Nikhil Sosale, Head of Marketing for RCB, along with Sunil Matthew, Kiran, and Sumanth from DNA Event Management, were arrested by the Cubbon Park police. The 41st Additional Chief Judicial Magistrate's (ACJM) court questioned the counsel for the accused persons whether they were aware of the deaths outside the Chinnaswamy ...Read More >
Bengaluru (Karnataka) [India], June 5 (ANI): The Karnataka Police has filed an FIR against the Karnataka Cricket Board Administrative Committee, Royal Challengers Bengaluru (RCB), among others, in the Bengaluru stampede incident that claimed the lives of 11 people. According to the Deputy Commissioner of Police, Central Bengaluru, Shekar H Tekkannanavar, an FIR has been filed against RCB, DNA (event manager), Karnataka State Cricket Association (KSCA) Administrative Committee and others at Cubbon Park Police Station. Also Read | OpenAI Academy India: ChatGPT Developer Launches First Internat ...Read More >
Bhopal, June 5 (SocialNews.XYZ) Senior BJP leader and Madhya Pradesh Cabinet Minister for Urban Development, Housing and Parliamentary affairs, Kailash Vijayvargiya stirred controversy on Thursday with remarks disapproving of women wearing short outfits, asserting that such a trend is a foreign concept of beauty and not aligned with Indian tradition. A six-time legislator and a state government minister, Vijayvargiya emphasised that in Indian culture, women are regarded as a form of Goddess and should dress in a manner that reflects grace and dignity. Comparing cultural perspectives, he stat ...Read More >
Defending the suspension of Bengaluru police commissioner B Dayananda and other police officials for the stampede outside the Chinnaswamy Stadium that killed 11 people, Chief Minister Siddaramaiah on Friday said, prima facie those who have not fulfilled their responsibility properly have been suspended. While speaking to reporters, he accused BJP and JD(S) of doing politics on the issue. Responding to a question on BJP and JD(S) demanding his and Deputy CM D K Shivakumar's resignation and accus ...Read More >
Bengaluru, Jun 6 (PTI) The Karnataka High Court on Friday, in an interim order, directed the state police not to take any coercive action against the office bearers of KSCA in connection with the stampede outside the Chinnaswamy stadium here which claimed lives of 11 people, until further orders. The Karnataka State Cricket Association (KSCA) President Raghuram Bhat, Secretary A Shankar, and Treasurer E S Jayaram approached the court seeking to quash the FIR filed against them. Justice S R Krishna Kumar, who heard the case, granted the interim relief to the KSCA officials. The hearing was a ...Read More >