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.
Guwahati: Rescue operations in rain-ravaged North Sikkim resumed on Thursday after a crucial break in the weather, successfully bringing 59 stranded tourists back to Gangtok. Severe weather and landslides trapped a group of 109 tourists in Lachung for nearly a week, and these individuals were among them. Ready for a challenge? Click here to take our quiz and show off your knowledge! According to the official reports, two MI-17V5 helicopters departed from Pakyong airport near Gangtok early Thursday morning. One helicopter rescued 39 tourists, while the other brought back 20, including two foreign nationals. The Sikkim Nationalised Transport (SNT) is facilitating the rescued tourists by deploying buses to help them reach Siliguri in West Bengal. An additional helicopter remains on standby at Pakyong airport for those wishing to travel to Bagdogra (near Siliguri) by air. Ready for a challenge? Click here to take our quiz and show off your knowledge! Reports indicate that the helicopters also transported personnel from the National Disaster Response Force (NDRF), the Power Department, and engineers from Airtel to Chaten. These teams will work on restoring essential services in the affected region. On Wednesday, adverse weather in North Sikkim suspended helicopter sorties from Pakyong airport, which caused a setback to rescue efforts. These delayed ongoing evacuation operations. According to officials, North Sikkim continues to battle the aftermath of severe weather. Landslides struck a military camp at Chaten on Sunday, killing three Army personnel and leaving six soldiers missing, with several others sustaining injuries. Officials asserted that persistent bad weather, unstable ground, and the challenging high-altitude terrain are hampering search operations for the missing personnel. Officials added that incessant rains washed away two key bridges over the Taran Chu river, located between Munshithang and Chaten, which critically impacted ongoing relief operations by completely severing motorable access to Chaten from Lachen. Notably, earlier in the week, rescue teams successfully airlifted 1,678 tourists from Lachung and Chungthang, and 33 others, including two U.S. nationals, before Wednesday's suspension of sorties.
Mumbai: The birth of three penguin chicks at Mumbai's Veermata Jijabai Bhosale Udyan and Zoo has sparked an unexpected row not over their care, but their names. BJP functionary Nitin Bankar from the Byculla Assembly constituency has objected to the chicks being given English names, insisting they be named in Marathi instead. The BMC is expected to respond by June 10, after which Bankar will decide his next move. Speaking to The Free Press Journal, Bankar said, "When penguins were brought from abroad, we accepted that their names would be in English. But these chicks were born on the soil of M ...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 >
Former Manipur CM N. Biren Singh stated that efforts are underway to establish a popular government in the state, currently under President's rule. He expressed optimism about forming a new government soon, emphasizing the BJP and its allies' desire for restoration of popular governance.Former Manipur chief minister N Biren Singh on Saturday said efforts are underway for setting up of a popular government in the state which is now under President's rule. Speaking at the sidelines of a programme at BJP state headquarters, Singh expressed hope that a new government will be formed in Manipur soo ...Read More >
NEW DELHI: Nine construction workers went missing after a midnight cloudburst triggered a massive landslide on Saturday (June 28) in Uttarakhand's Uttarkashi district on Yamunotri National Highway. A joint search and rescue operation has been launched by multiple agencies, and the Chardham pilgrimage on the Yamunotri track has been suspended for the next 24 hours. Police and rescue team members informed that around 19 workers were trapped under a thick mass of sludge that slid down due to a cloudburst at midnight. The deluge of sludge and debris completely devastated the labour camp where w ...Read More >
Aizawl, June 2 (SocialNews.XYZ) All the government and private schools in Mizoram remained closed on Monday due to heavy rains that triggered landslides, rockfalls, and waterlogging in different parts of the mountainous state, officials said. A senior official of the School Education Department said that Deputy Commissioners of all 11 districts issued separate notifications closing the schools on Monday as a precautionary measure to ensure the safety of the students. After the beginning of the current spell of heavy rain, earlier, schools were closed across the state for two days on May 29 a ...Read More >
New Delhi [India], June 8 (ANI): External Affairs Minister S. Jaishankar will undertake an official visit to France, the European Union (EU), and Belgium from June 8 to 14, 2025, the Ministry of External Affairs announced in a press release on Sunday. The visit marks a significant step in further strengthening India's strategic partnerships with Europe. The EAM will first travel to Paris and Marseille, France, where he will hold bilateral discussions with the Minister for Europe and Foreign Affairs of France, Jean Noel Barrot. Also Read | Indian Citizen Dies in UAE: Civil Engineer Issac Paul ...Read More >
Gangtok, Jun 8 (PTI) The Sikkim government on Sunday evacuated 28 people, including three minors, stranded in Chaten in the northern part of the Himalayan state, where road connectivity has been snapped due to multiple landslides triggered by heavy rain, officials said. Responding to distress calls from a few locals, some taxi drivers and government officials stationed in Chaten, seeking evacuation, the administration hired a helicopter to rescue them. "The state government arranged a helicopter and successfully evacuated 28 people, including three minors," one of the officials said. All ev ...Read More >
Guwahati: Rescue teams airlifted at least 28 civilians and 20 Indian Army personnel stranded in Chaten, North Sikkim, on Sunday, as heavy rains triggered multiple landslides, severing critical road connectivity in the region. Officials confirmed that a MI-17 helicopter evacuated 28 civilians, including minors, tourist taxi drivers, and government officials, in the first sortie from Chaten. Subsequently, authorities transported 20 army personnel to Pakyong Greenfield Airport in a second trip. Ready for a challenge? Click here to take our quiz and show off your knowledge! "The dedicated helic ...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 >
A cloudburst near Barkot-Yamunotri road in Uttarkashi has caused significant damage to a hotel construction site, leaving several workers missing as rescue operations are underway. Separately, heavy rainfall has blocked the Badrinath-Rishikesh highway, disrupting pilgrimage travel. Chief Minister Dhami has advised caution and urged residents to avoid unnecessary travel due to the adverse weather forecast.A cloudburst in Baligarh, along the Barkot-Yamunotri road in Uttarkashi district, caused sign ...Read More >
New Delhi: The Aircraft Accident Investigation Bureau (AAIB) is probing from all angles, including sabotage, in the Air India plane crash in Ahmedabad that killed 274 people on board and on the ground last month, Minister of State (MoS) For Civil Aviation Murlidhar Mohol said. Mohol said the black box of the Air India flight AI 171 that has been recovered is in AAIB's custody and will not be outside the country for a thorough assessment. The MoS was speaking at the Pune chapter of the Emerging Business Conclave. "It (plane crash) was an unfortunate incident. The AAIB has begun a full investig ...Read More >
Pakyong (Sikkim) [India], June 6 (ANI): As part of the ongoing evacuation efforts in response to the recent disaster in North Sikkim, the first helicopter sortie of the day took off early this morning from Pakyong Greenfield Airport towards Chaten to rescue stranded tourists, according to an official statement. The Mi-17 helicopters are carrying essential supplies for Army personnel stationed in and around the Chaten area. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for June 06, 2025 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game. The opera ...Read More >
Gangtok, June 6 (SocialNews.XYZ) At least 80 tourists stranded in the northern part of Sikkim due to inclement weather and landslides have been safely evacuated, an official said on Friday. A total of four helicopter sorties were conducted from Pakyong Greenfield Airport to Chaten using MI-02, MI-49, and MI-39 helicopters, resulting in the evacuation of 80 individuals. Among those evacuated, 63 persons were tourists, while 17 were locals. To ensure their further travel to Gangtok, the state government arranged state transport buses at the airport for the convenience of the evacuees. In orde ...Read More >
Mhow, Jun 7 (PTI) In a disturbing incident, a stray dog was seen clutching a dead newborn in its jaws near the toilet of a government hospital in Madhya Pradesh's Indore district on Saturday before a security guard managed to retrieve the body after shooing away the animal. Authorities at the civil hospital in Mhow, some 25 kilometres from the district headquarters, and police have begun a probe into the antecedents of the newborn and the chain of events that followed. ...Read More >
Shimla (Himachal Pradesh) [India], June 26 (ANI): Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Thursday has directed all the Deputy Commissioners of the State to stay alert and ensure 24/7 availability for the public to deal with the unfolding situation efficiently, keeping in view the adverse weather conditions. According to an official statement from the Chief Minister's Office (CMO), while reviewing the situation in the State with district administrations virtually from Shimla today, he asked all Deputy Commissioners to conduct relief and rehabilitation operations for a ...Read More >
Shimla: At least five people have lost their lives so far after heavy rain and cloudbursts wreaked havoc in parts of Himachal Pradesh, throwing life out of gear. Notably, three more bodies were recovered on Thursday in Kangra district. At least 10 workers deployed in the Indira Priyadarshini Hydroelectric Project were swept away in the strong current in Manuni Khad, reported IANS. Apart from Kangra, Kullu is also the worst affected district in the state. According to reports, five people are also missing in the flash floods. Over 250 people were rescued in a major operation by state and cent ...Read More >
Dharamshala (Himachal Pradesh) [India], June 28 (ANI): The death toll in flash floods near the Manuni stream in Dharamshala has reached to seven, a senior police official said on Saturday. Officials said that teams of SDRF, NDRF are assisting in the rescue operations. 'Six bodies were recovered, and now one more body has been recovered today. We are trying to identify the seven bodies. One person is from J&K, two from UP, and the remaining are from Himachal Pradesh... The weather remains poor, making it difficult to carry out search and rescue operations. We found one of the bodies stuck und ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Guwahati: Rescue operations to evacuate tourists and other stranded individuals from Chaten in North Sikkim resumed on Friday, with three helicopters taking off from Pakyong Greenfield Airport. Officials reported that 5 helicopters successfully airlifted 63 stranded individuals, predominantly tourists, from Chaten on Thursday, June 5. Ready for a challenge? Click here to take our quiz and show off your knowledge! However, 64 other tourists are still awaiting rescue by the army and local administration in Chaten. Adverse weather conditions and the challenging terrain hampered and eventually ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >
Bengaluru, Jun 7 (PTI) A 26-year-old man allegedly beheaded his wife following a heated argument on the outskirts of Bengaluru after he suspected her of having an extra-marital affair, police said on Saturday. After killing Manasa, Shankar travelled with her severed head on his scooter to the nearest police station and confessed to the crime, they said. The man was later arrested, police said, adding that the incident occurred at Heelalige village, near Chandapura, Anekal taluk late on Friday. According to the police, the couple were married for over five years and have a four-year-old daug ...Read More >
Gangtok, Jun 8 (PTI) The Sikkim government has arranged a helicopter to rescue taxi drivers and some local people stranded in landslide-hit areas in the northern part of the state after they sought evacuation from the administration, officials said on Sunday. Responding to distress calls from a few locals and some taxi drivers seeking evacuation, the government hired the chopper to rescue them from Chaten in north Sikkim, where road connectivity has been snapped due to landslides and incessant rain, they said. "In response to requests made by stranded locals, tourist taxi drivers and certain ...Read More >
JAMMU: Three persons, including two minors, drowned while four others were rescued as flash floods triggered by heavy rains occurred in different areas of Rajouri, Poonch, Doda and Kathua districts in J&K on Thursday. Meanwhile, a fresh landslide near Satya viewpoint along the Himkoti route blocked the new track to Mata Vaishno Devi shrine atop Trikuta Hills in Reasi district.In Rajouri district, Shaqafat Ali (14) and his cousin Safeena Kousar (11) were out grazing cattle along with a 10-year-old ...Read More >
New Delhi: Devastating cloudbursts and flash floods have ravaged parts of Himachal Pradesh, including Kullu and Kangra districts, claiming at least five lives and leaving five others missing. The region witnessed three cloudburst incidents, nine flash floods, and three landslides in the past 24 hours, with rescue operations underway on a war footing. The disaster has resulted in significant damage, with 15 houses destroyed near rivers and streams, and several roads severely affected. The India Meteorological Department (IMD) has forecast isolated heavy rainfall over Himachal Pradesh and neig ...Read More >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
UTTARKASHI/DEHRADUN: Bodies of two labourers have been found while seven remain missing after a cloudburst triggered a flash flood that swept through a resort construction site at Silai Bend on the Barkot-Yamunotri highway in Uttarkashi around 2am on Sunday. Twenty labourers managed to escape to safety. The rescue operation was suspended for the night due to poor visibility and risky terrain.The flash flood, caused by intense rainfall, flattened a tin-and-plywood shelter housing 29 workers engaged in hotel and road construction. The Yamunotri highway was damaged at three spots, including a 10- ...Read More >
Kalimpong: As many as 63 stranded tourists were airlifted from North Sikkim's Chaten in the early hours of Thursday. Not all tourists could be evacuated as the weather deteriorated later. The tourists had been stranded in Lachen since May 30 following heavy rainfall and landslides that cut off road access to the region. According to officials, tourists were in safe shelters arranged by the hotel associations. Tourists from Lachung have been evacuated by road in the past few days.Mangan SP Sonam Detchu Bhutia confirmed that evacuation will resume from 5am on Friday if weather permits. "The road ...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 >
Rudraprayag (Uttarakhand) [India], June 7 (ANI): A helicopter carrying five devotees en route to Kedarnath Dham made an emergency landing on a national highway near Bharasu in Uttarakhand's Rudraprayag district on Saturday, temporarily disrupting traffic in the region, officials said. According to officials, the chopper - an AW119 operated by Kestrel Aviation Private Limited - developed a sudden technical fault during takeoff, prompting the pilot to carry out a hard but controlled landing on the nearby road. Also Read | ICU Horror at ESIC Medical College in Rajasthan: 32-Year-Old Woman Alleg ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >