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.
Mumbai, April 7: The Bombay High Court on Tuesday directed the Deputy Director General of Shipping to collect the mortal remains of seafarer Dixit Solanki, who was killed in a suspected drone boat attack off the Oman coast, and hand them over to the Forensic Science Laboratory at Kalina for a DNA test. HC directs DNA testing amid identification issues A bench of Chief Justice Shree Chandrashekhar and Justice Gautam Ankhad ordered that the report, once received, be handed over to Dixit's family. The HC passed the order after being informed that Dixit's mortal remains had reached India on Sunday; however, his family has not yet been able to take custody due to identification issues. Family seeks time-bound forensic report Appearing for the family, advocate Pradnya Talekar urged the court to set a time limit for the FSL to prepare the report. The bench, however, did not issue such directions. Solanki, who worked as an oiler aboard the oil tanker MT MKD Vyom, was killed on March 4 when an explosive-laden drone boat struck the vessel amid ongoing tensions in West Asia. He is believed to be the first Indian casualty linked to the maritime conflict in the region. Family moves court citing lack of communication His father, Amratlal Solanki (64), and his daughter, Mitali Solanki (33), had moved the court last week, alleging a lack of clear communication from authorities and seeking access to investigation and forensic records related to the incident. The petition claimed that despite nearly a month having passed, the family has struggled to obtain definitive information. HC questions decision to send remains to Hyderabad During the hearing on Tuesday, advocate Rui Rodrigues, appearing for the Union of India, informed the bench that letters had been written to the Mumbai Police Commissioner and the Director of the FSL in Hyderabad to undertake the DNA testing, as the required expertise was not available locally. He added that the remains were currently with an undertaker and that steps were being taken to ensure their dignified handling before being handed over to the family. Also Watch: The bench questioned the Union's decision to send the remains to the FSL in Hyderabad when a facility was available in Mumbai. The bench then directed the DDG, Shipping, to hand over the remains to the FSL, Mumbai. It further directed that once the report is received by the DDG, Shipping, a copy be provided to the family.
Mumbai, Jan 27 (PTI) The Bombay High Court on Monday suggested Abhishek Lodha and his brother Abhinandan Lodha to try and amicably resolve the issue over the use of 'Lodha' trademark. The Abhishek Lodha-promoted Macrotech Developers Ltd earlier this month filed a suit in the HC against Abhinandan Lodha's real estate firm, House of Abhinandan Lodha, claiming the name 'Lodha' was their trademark and no one else could use it. The suit sought Rs 5,000 crore as damages from Abhinandan Lodha's company. In an interim application, Macrotech Developers sought a perpetual injunction against the defen ...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 >
Chandigarh: The cybercrime division of Punjab Police has arrested two individuals and identified 33 suspects involved in viewing, transmitting, and distributing child pornography and expoitive content of minors, said a top official on Friday.Punjab director general of police (DGP) Gaurav Yadav said the content, which is described as child sexual exploitative and abusive material (CSEAM), was being distributed through online platforms like WhatsApp, Facebook, Instagram, and Telegram. The operation, codenamed CSEAM-4, was conducted on Thursday and spanned 40 locations across 18 districts. The ac ...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 >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...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 >
Mumbai: The Maharashtra government on Monday sought three more weeks to finalise its policy on the immersion of Plaster of Paris (PoP) idols, prompting the Bombay High Court to ask it not to delay further given the upcoming festival season. A bench of Chief Justice Alok Aradhe and Justice Sandeep Marne was hearing a batch of petitions filed by Ganesh idol makers' associations challenging the Central Pollution Control Board's (CPCB) guidelines that prohibited both the manufacture and immersion of PoP idols. Earlier this month, the High Court had permitted the manufacture and sale of such idol ...Read More >
Mumbai, Jan 31 (VOICE) The Maharashtra government on Friday formed a special investigation team (SIT) to probe the conspiracy allegedly hatched to frame Chief Minister Devendra Fadnavis (who was then the leader of opposition in the state assembly) and his current deputy Eknath Shinde in a false case during the Maha Vikas Aghadi (MVA) government was in power. Fadnavis was then Leader of Opposition in the assembly while Shinde was a member of the Uddhav Thackeray Cabinet holding the urban development ministry. Shinde, however, rebelled against Thackeray, and after the collapse of the MVA governm ...Read More >
Kolkata (West Bengal) [India], June 28 (ANI): BJP National Spokesperson Pradeep Bhandari on Friday launched a scathing attack on the Trinamool Congress over the Kolkata alleged gangrape case and said that West Bengal is not safe for women under the Mamata Banerjee government. 'Mamata Banerjee's government supports the rape of women in Bengal. The accused in the Kasba gangrape is an active member of Mamata Banerjee's party, Trinamool Congress. Mamata Banerjee runs and protects an army of goons in Bengal for her appeasement politics and political dominance. People of Trinamool Congress commit r ...Read More >
New Delhi: The annual all-India conference of directors general of police and inspectors general of police will begin in Bhubaneswar on Friday where issues related to internal security, Jammu and Kashmir, and pro-Khalistan elements, among others are likely to be discussed, officials said. Prime Minister Narendra Modi, Union Home Minister Amit Shah and National Security Adviser (NSA) Ajit Doval, among others will attend the three-day conference where cyber crimes, challenges posed by AI tools and threats emanating from drones are also expected to be discussed. About 250 officers of DGP and IGP ...Read More >
MADURAI: The Madurai bench of the Madras High Court on Tuesday directed the CBI to complete its probe into the custodial death of a temple security guard and submit the final report on August 20. The guard B Ajithkumar (29) was allegedly killed during a police interrogation the day after a theft complaint was lodged with the Thiruppuvanam police. The IV additional district judge, Madurai, S John Sundarlal Suresh, who completed the inquiry into the case, as per court's directive, submitted a detailed report before the bench on Tuesday. A division bench, comprising Justices SM Subramaniam and ...Read More >
New Delhi [India], July 10 (ANI): Morocco's Ambassador to India, Mohamed Maliki, underscored the expanding scope of India-Morocco relations during a wide-ranging interaction in the national capital. Highlighting deepening cooperation in trade, defence, investment, counter-terrorism, and beyond, he outlined key areas of collaboration and ambitious plans for the future. Also Read | Ukraine-Russia War: Moscow Blasts Kyiv With Another Missile, Drone Barrage, Killing at Least 2. "I think the sky is not even the limit for us... because we believe in making India, we believe in the capabilities of ...Read More >
NEW DELHI: The Delhi High Court has asked the Delhi government to seriously consider framing a standard operating procedure (SOP) or issuing clear guidelines to prevent forensic science laboratories (FSLs) from being overwhelmed by avoidable referrals during criminal investigations. A Division Bench comprising Chief Justice Devendra Kumar Upadhyaya and Justice Anish Dayal passed the direction while hearing public interest litigation (PIL) that flagged how, in several cases, viscera and other forensic samples were being routinely sent for testing even when such analysis was not necessary. The ...Read More >
Hyderabad, July 5 (SocialNews.XYZ) Telangana Chief Minister A. Revanth Reddy on Saturday underlined the need to deal strictly and without mercy with the culprits involved in sexual assaults on children via social media. He affirmed that the state government is fully prepared to take all necessary actions in this regard. The Chief Minister highlighted the need to combat emerging threats such as child pornography and online exploitation and stressed the importance of cross-sector collaboration to ensure holistic rehabilitation and justice delivery. He was addressing the state-level conference ...Read More >
Bhubaneswar: As a potential crisis in the supply of essential commodities, including petroleum, looms large over the State due to the ongoing drivers' strike, the Odisha government has formed a dedicated task force to deal with the logistical challenges and ensure the smooth movement of fuel and other critical goods throughout the State. However, most of the buses and trucks remained off the roads across the State on the third day of the strike by the Odisha Drivers' Association on Thursday. The decision regarding the constitution of the task force was taken during a high-level review meeting ...Read More >
New Delhi, June 6 (UNI) The Supreme Court on Friday declined to grant an urgent hearing to a petition challenging a Bombay High Court order that permitted animal sacrifice near a Dargah located within Vishalgad Fort in Maharashtra's Kolhapur district during the Bakr-Eid celebrations on June 7. The plea, mentioned before a vacation bench comprising justices Sanjay Karol and Satish Chandra Sharma, sought immediate intervention against the June 3 High Court order allowing the ritual sacrifice at the historically protected site. The petitioner's counsel argued that Vishalgad Fort is a notified p ...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 >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >
New Delhi, Jun 27 (PTI) India has so far evacuated more than 4,400 Indian nationals from Iran and Israel in 19 special flights under Operation Sindhu launched on June 18 to bring home its citizens amid an ongoing conflict between the two countries, according to the Ministry of External Affairs (MEA). The evacuated Indian nationals included "more than 1,500 women and 500 children", the MEA said in a statement on Friday. Also Read | PM Narendra Modi To Begin 5-Nation Tour on July 2 To Strengthen Global Partnerships. "The government of India is deeply committed to the safety and well-being of ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
New Delhi: India's manufacturing sector activity rose to a 14-month high in June on the back of expansions in output, new orders, and job creation, a private survey showed on Monday. The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 58.4 in June, up from 57.6 in May from 58.2 in April and 58.1 in March. India's manufacturing PMI was 56.3 in February and 57.7 in January. A reading above 50 indicates expansion. To be sure, the headline figure was above its long-run average of 54.1, which suggests a substantial improvement in the sector's health. " ...Read More >
Guwahati: The National Commission for Women (NCW) on Sunday urged Meghalaya director general of police (DGP) to expand the investigation to examine all possible leads and forensic evidence in the case of the alleged murder of tourist Raja Raghuvanshi from Madhya Pradesh and the disappearance of his wife, Sonam, in the northeastern state. NCW chairperson Vijaya Rahatkar directed Meghalaya DGP I Nongrang to submit a detailed report within three days and advised collaboration with national agencies, if required. The commission also emphasised the need for the swift arrest of the accused. Rahatkar ...Read More >
Uttar Pradesh's top police official, DGP Rajeev Krishna, has instructed all police units to deny new Muharram procession routes and religious practices. A strict ban on weapon displays during processions is also enforced. Preventive measures against anti-social elements and constant social media monitoring are mandated as Muharram approaches, from June 27 to July 6. The DGP has issued a detailed directive to senior police officials across the state, outlining strategies to maintain law and order ...Read More >
New Delhi [India], June 28 (ANI): The Naval Investiture Ceremony, held at Nausena Bhawan, honoured several personnel of the Indian Navy with gallantry awards for their exemplary service. The awards were conferred to honour and recognise bravery, leadership, professional achievement, and distinguished service of Naval Personnel. Also Read | Ludhiana Suicide Case: Elderly Business Couple Dies by Suicide After Alleged Harassment by Bank Officials Over Loan Repayment, Probe Underway. A total of 51 personnel were conferred with awards during the ceremony, which included one Yudh Seva Medal, thir ...Read More >
From Lucknow To Stars: 5 Lesser-Known Facts About Shubhanshu Shukla - 1st Indian On International Space Station CBSE Supplementary Exam Schedule 2025: The Central Board of Education (CBSE) has officially released the timetable of the Class 10th and Class 12th Supplementary Exams. Students who could not clear the class 10th or 12th exams (not more than two) or want to improve their scores can check their exam schedule through the official website, i.e. cbse.gov.in. The exams will start from 15th July, 2025 so students are advised to prepare accordingly. The exam will start at 10:30 AM and wil ...Read More >
Nagpur: In a major drive to enforce Bombay High Court directives, the Nagpur rural police have removed 265 unauthorised loudspeakers from religious sites across the district.The action was carried out under the supervision of SP (Rural) Harssh Poddar, with a focus on impartial enforcement across all communities and religious establishments.The loudspeakers removed included: 34 under Ramtek police sub-division, 9 under Saoner, 45 under Katol, 164 under Umred, and 13 under Nagpur police sub-division.The drive follows a directive issued by the Bombay High Court in January, instructing police auth ...Read More >
New Delhi [India], July 1 (ANI): As the Digital India Mission completed 10 years on Tuesday, BJP leader Pradeep Bhandari drew contrast between the BJP and the opposition bloc and said that while the INDI Alliance is associated with 'corruption and nepotism,' the Modi government is associated with the model of development. The BJP leader praised the central government for the success of Digital India and stated that the country now accounts for 50 per cent of global financial transactions, a testament to Prime Minister Modi's development model. Addressing a press conference here on Tuesday, P ...Read More >
Bathinda (Punjab) [India], July 8 (ANI): Bathinda Police have seized 40 kilograms of heroin, commonly referred to as chitta, and arrested six alleged smugglers, senior officials confirmed. Investigations are ongoing to determine whether the consignment has any links to cross-border networks in Pakistan. Senior Superintendent of Police (SSP) Amandeep Kondal said that the seizure was made during a targeted operation by the Crime Investigation Agency-1 (CIA-1) team, which stopped a suspicious black SUV. Upon conducting a thorough search, officers discovered a concealed cache of heroin weighing ...Read More >
Mumbai: Uddhav and Raj Thackeray, once distant cousins, are coming together to challenge the Maharashtra government's choice to implement Hindi as a compulsory language for Classes 1 to 5 according to the National Education Policy (NEP). They perceive this action as an infringement on local identity and language variety. Uddhav's Shiv Sena (UBT) and Raj's Maharashtra Navnirman Sena (MNS) are set to conduct a unified protest march on July 5, representing their first joint endeavour in twenty years. Sanjay Raut, spokesperson for Shiv Sena (UBT), affirmed the collective position through a post o ...Read More >