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.
CUTTACK: Even as the shortage of LPG cylinders has already led to a surge in illegal hoarding and black marketing, the alleged slack enforcement by authorities concerned have also pushed up incidents of unauthorised refilling and adulteration, especially by staff of various gas agencies. On March 25, Bidanasi police arrested a gas delivery agent Dhruba Charan Behera of Alisha Bazar after he was found involved in illegal refilling of LPG cylinders using unsafe methods like heating them and transferring gas through pipes without any authorisation from the oil marketing companies. At least 10 HP gas cylinders, '23,100 cash, a hammer, cooking stove with pipe and regulator, 15 gas cylinder caps, two silver discs with cover, an iron gas cylinder opening instrument, a mobile phone, a two-wheeler among other articles were seized from his possession. During interrogation, Behera confessed that he adulterated the gas cylinders by introducing water and sold them to people for unlawful gains. The rise in such incidents is, meanwhile, being attributed to the lack of enforcement activities in this regard. Besides, not only are the gullible people losing money and exhausting their LPG quota in a short period, but such incidents also pose risk of explosion and fire mishaps as they are being carried out without appropriate safety measures.
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 >
Bengaluru, Jul 19 (PTI) Hockey India on Saturday announced a 40-member core probable group for the upcoming senior women's national coaching camp, which will be held at the Sports Authority of India (SAI) Centre here from July 21 to August 29. The camp holds significant importance as the Indian women's hockey team gears up for the women's Asia Cup, set to begin on September 5 in Hangzhou, China. The tournament will serve as a direct qualification pathway for the 2026 FIH Women's World Cup, with only the champion earning a guaranteed spot. All players from the previous camp have been retaine ...Read More >
New Delhi [India], July 20 (ANI): Congress MP Renuka Chowdhury on Sunday expressed concern over the government inaction in bringing to justice the terrorists behind the April 22 Pahalgam attack, which killed 26 civilians, including a Nepali citizen. As the Parliament Monsoon session begins, Chowdhury stated that the INDIA bloc will raise this issue, demanding answers from the government. Speaking to ANI, Chowdhury said, The Parliament session is starting, so we have reached Delhi. We have not been able to see those who killed our countrymen in the terrorist attack in Pahalgam arrested yet. T ...Read More >
MORENA: Four women died and five others were injured after an explosion caused three houses to collapse in Madhya Pradesh's Morena city, police said on Tuesday. The incident took place in the city's Rathore Colony area around midnight, said Superintendent of Police Sameer Saurabh. The body of one of the deceased women was still being extricated from under the debris, he said. Vasudev Rathore, whose house was destroyed in the explosion and whose 28-year-old daughter-in-law was among the deceased, expressed suspicion that the blast was caused by gunpowder. LPG cylinders were found intact dur ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
New Delhi: All city gas distribution (CGD) companies will now pay the same pipeline tariff regardless of their distance from the gas supply source, a measure that will help reduce transportation costs for licensees and potentially lower cooking and transport fuel prices in far-flung licensed areas. The Petroleum and Natural Gas Regulatory Board (PNGRB) has amended the Natural Gas Pipeline Tariff Regulations, introducing key reforms to the sector. These include streamlining unified tariff zones, allowing a single pipeline tariff for CGD companies, and creating a dedicated pipeline development ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC Bank, Eternal (Zomato), HUL, Sun Pharma, Bajaj Finance, ICICI Bank, Titan and Bajaj Finserv ...Read More >
Hyderabad, July 18 (UNI) In view of the ongoing heavy rains in Hyderabad, Chief Minister A Revanth Reddy has directed all concerned departments to stay on high alert and ensure swift response to public grievances. The Chief Minister instructed officials from GHMC, HMDA, Water Works, Electricity, and Police departments to work in close coordination to prevent any rain-related disruptions. He also emphasised the need for immediate action in areas facing waterlogging, power outages, or other rain-induced issues. CM Revanth Reddy further directed the deployment of SDRF, NDRF, Hydra teams, and ot ...Read More >
NEW DELHI: The National Organ and Tissue Transplant Organisation (NOTTO) has suggested prioritising women in allocation of deceased donor organs.In a letter to the states/UTs, the apex authority for regulating organ donations and transplants in the country, has said a provision should be made to mark additional points for women recipients of donor organs, to address gender disparity. Studies have shown that while women make up a large percentage of donors, they receive fewer organs than men. "Women are equally vulnerable when it comes to end-stage organ failure due to illness, and it is import ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
Patna, July 19 (SocialNews.XYZ) In a major action against corruption, the State Vigilance Unit (SVU) on Saturday arrested Sub-Inspector Putul Kumari, the SHO of the Women's Police Station in Samastipur, for accepting a bribe of Rs 20,000. Her driver was also arrested in the case. The arrest has created a stir within the police department. According to an official, Putul Kumari was caught red-handed while taking the bribe from Rajiv Ranjan, a resident of Chhatauna village under Mufassil police station limits, in connection with an assault case. Rajiv Ranjan had filed a written complaint with ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Actor Harshvardhan Rane, who was last seen in 'The Miranda Brothers', is heaping praise on the recently released film 'Saiyaara', and its team. On Saturday, the actor took to the Stories section of his Instagram, and penned a special note for the film and its makers after it witnessed a stellar opening day. He wrote, "Another melodious example of a love story shattering all myths and formulas of the industry. Honest heart wrenching love story wins again in 2025! #Saiyaara". 'Saiyaara', which stars Aneet Padda, and marks the debut of Ahaan Panday, is helmed b ...Read More >
New Delhi | July 1, 2025 -- In a welcome move for commercial establishments, oil marketing companies have slashed the price of 19 kg commercial LPG cylinders by ₹58.50, effective July 1. This brings the price in Delhi down to ₹1,665, compared to ₹1,723.50 in June. Also Read: Delhi Scraps Police Licensing for Hotels, Pools, and Discotheques in Major Business Reform However, the 14.2 kg domestic LPG cylinder price remains unchanged, leaving household budgets under continued pressure despite repeated calls for relief. This marks the fourth price cut since March 2025, when commercial LPG saw a ...Read More >
New Delhi [India], July 1 (ANI): Oil marketing companies revised the prices of commercial LPG gas cylinders on Tuesday, reducing the cost of a 19 kg commercial cylinder by Rs 58.50. The new rates came into effect from July 1, bringing relief to commercial users such as hotels, restaurants, and businesses. While in Delhi, with the latest revision, the retail sale price of a 19 kg commercial LPG cylinder was set at Rs 1665, down from the previous rate. There was, however, no change in the price of 14.2 kg domestic LPG cylinders, which are widely used in households. Also Read | Bhopal Shocker: ...Read More >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an ordinary murderer would not have inflicted such kind of injuries," the bench said on Tuesday.The natur ...Read More >
NEW DELHI: Signalling the government's intent to move ahead with the impeachment motion of Allahabad High Court judge Justice Yashwant Varma, Union Minister Kiren Rijiju on Thursday said that main opposition parties have given their in-principle approval to support the motion in the upcoming monsoon session scheduled for July21-August 21. Rijiju said that the government is yet to decide whether the motion would be brought in the Lok Sabha or the Rajya Sabha. For the Lok Sabha, signatures of a minimum 100 MPs is required. The requirement is the support of at least 50 MPs in the Rajya Sabha. H ...Read More >
Bengaluru (Karnataka) [India], July 18 (ANI): Reacting to Bihar Chief Minister Nitish Kumar announcement of free electricity up to 125 units, Karnataka Deputy Chief Minister DK Shivakumar said that whatever schemes the Congress party is giving in Karnataka, the entire country is following it. Speaking to the media, Shivakumar emphasised that in the entire country, Congress Party has stood for the welfare of the people. After independence, till today, whenever the Congress Party is in power, either in the Central or state government, it has given various schemes, such as pension, woman and ch ...Read More >
Mumbai, Jul 18 (PTI) The rupee stayed weak for the third straight session and settled 4 paise lower at 86.16 against the US dollar on Friday, amid rising global crude oil prices and a steep decline in domestic equity markets. However, a weak greenback against major currencies prevented a sharp depreciation in the local unit, forex traders said. At the interbank foreign exchange, the rupee opened higher against the US dollar at 85.99 and moved in the range of 85.97-86.23 before closing at 86.16, down 4 paise from its previous close. The rupee declined 20 paise to settle at 86.12 against the ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
India's U.S. Crude Oil Imports Surge 51 Per Cent Following Trump's Return To Office: Sources Sunday, August 03, 2025 by Indian Defence News Since President Donald Trump resumed office for his second term, India has significantly increased its crude oil imports from the United States, marking a substantial shift in its energy procurement strategy. From January to June 2025, India's imports of US crude oil averaged 0.271 million barrels per day (mb/d), a 51% increase compared to 0.18 mb/d in the same period in 2024. This growth was even more pronounced in the April-June 2025 quarter, which sa ...Read More >
New Delhi: Bringing the much needed relief to the common man, Oil marketing companies have revised the prices of commercial LPG gas cylinders effective from 1 July 2025. The rate of a 19 kg commercial LPG gas cylinder has been reduced by Rs Rs 58.5 effective today. In Delhi, the retail sale price of a 19 kg commercial LPG cylinder is Rs 1,665 from today. However, the prices of domestic LPG cylinders will remain unchanged. Domestic cooking gas prices vary from state to state due to local taxes, and the last revision in domestic cylinder prices occurred on March 1 last year. It is important t ...Read More >
Mumbai, Jul 10: The rupee pared initial gains and settled for the day higher by 3 paise at 85.70 against the US dollar on Thursday, supported by US-India trade deal optimism, even as domestic equity markets were closed in the negative territory. Forex traders said the Indian rupee ended the day in green against the US dollar amid firm expectations that India and the US will reach a deal soon. At the interbank foreign exchange, the rupee opened on a positive note at 85.62 against the US dollar, and traded in a range of 85.70 and 85.53 during the day. The local unit finally settled for the day ...Read More >
BHUBANESWAR: With the Odisha Drivers' Mahasangha's strike continuing for the third consecutive day on Thursday, bus passengers across the state faced severe problems in commuting. With the government and the association yet to arrive at a resolution, people could be seen stranded at bus stands in several major cities of the state. Though OSRTC buses were operational, they were few and far between and unable to handle the huge rush of passengers. Many people complained that since the frequency of private bus trips was much more than OSRTC, they were finding it difficult to travel in governmen ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
New Delhi, July 18 (SocialNews.XYZ) Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said that despite global volatility, India accounted for 16 per cent of global growth in crude oil consumption and is projected to contribute 25 per cent of such growth over the next three decades. In his address at the plenary session of the All India Petroleum Dealers Association (AIPDA) conclave, the minister said that the Government has ensured affordable and uninterrupted energy supply to citizens, even during times of global uncertainty. Highlighting India's achievements in the biofuels ...Read More >
Durgapur (West Bengal) [India], July 19 (ANI): Union Petroleum and Natural Gas Minister Hardeep Singh Puri said that over 10.33 crore women have been provided with free connections of Liquefied petroleum gas (LPG) under the Pradhan Mantri Ujjwala Yojana (PMUY). He stated that there were 14 crore LPG connections in 2014, and the number of connections has increased to 33 crore as of 2025. LPG Connection: Year 2014 - 14 crore and Year 2025 - 33 crore, Puri said while addressing the gathering here, adding, Under the guidance of PM Narendra Modi, the past 11 years have brought an LPG revolution t ...Read More >
New Delhi, July 19: Prime Minister Narendra Modi on Saturday paid heartfelt tributes to freedom fighter Mangal Pandey on his birth anniversary, remembering him as a "pioneering warrior" who challenged British authority and remains a lasting symbol of courage and patriotism. Recognised as one of the earliest voices of resistance, Mangal Pandey played a key role in the events that sparked the Revolt of 1857, which eventually led to the dissolution of the East India Company and the establishment of direct British rule under the Government of India Act of 1858. Taking to X, Prime Minister Modi wr ...Read More >
Bengaluru: For millions of people, the sudden, sharp pain of tooth due to sensitivity can turn a sip of cold water into a jolt. Now, researchers at Indian Institute of Science (IISc), in collaboration with Bengaluru-based deep-tech startup Theranautilus, have engineered "CalBots" - magnetic nanobots that can seal the problem at its source.As per IISc, CalBots are 400-nanometre particles loaded with a calcium silicate-based bioceramic formula, designed to travel 500 micrometres deep inside dentinal tubules, the tiny tunnels in the tooth that lead to nerve endings. Guided by an external magnetic ...Read More >
Amritsar (Punjab) [India], June 7 (ANI): BSF and the Anti-Narcotics Task Force (ANTF) conducted a well-coordinated, precise intelligence-based joint operation that led to the significant apprehension of three outlaws and the seizure of six pistols near an area adjacent to Khalsa College in Amritsar on Friday evening. The operation was planned, based on specific input regarding an arms deal being conducted in an area near Khalsa College. Intelligent surveillance, strategic positioning and discreet movement tracking by the joint team of BSF and ANTF resulted in the successful apprehension of th ...Read More >