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: Namma Metro has slipped to third place in terms of operational network length, losing its position as the country's second-largest system to Mumbai Metro.The shift comes after Mumbai Metro commissioned new corridors, including the Dahisar-Kashigaon stretch and the first section of Line 2B (Mandale to Diamond Garden), extending connectivity to Thane district and linking the eastern suburbs.With the addition of roughly 10 km, Mumbai's operational network has now crossed the 100-km mark, trailing only the Delhi Metro, which remains the largest in the country with 416 km and 303 stations.By comparison, Namma Metro operates a 96-km network with 83 stations, of which about 19 km -- part of the Yellow Line -- was added in the past year. 15 years, 89kmNamma Metro began operations in 2011 with a 7-km elevated stretch from Byappanahalli to MG Road. Over the past 15 years, it has expanded to about 89km, averaging roughly 6km of additions per year.In contrast, Mumbai Metro, which started operations in 2014, has now overtaken Bengaluru's network in terms of operational length.Bangalore Metro Rail Corporation Limited (BMRCL) has often faced criticism for missing project deadlines in a city where private vehicle numbers are rising rapidly. The total number of vehicles crossed 1.25 crore in Feb 2026, with nearly 2,100 new vehicles added to the roads daily.BMRCL took at least three years to open the Yellow Line due to construction delays and the non-availability of the required number of coaches. As a result, trains are currently running at a 9-minute frequency during peak hours, with passengers expected to wait a few more months for full-fledged operations.7-km stretch in next phaseIn the next phase, BMRCL plans to open a 7-km stretch of the Pink Line from Kalena Agrahara to Tavarekere on Bannerghatta Road. Unlike the Yellow Line, there is no shortage of coaches for this elevated section. The corporation has already received five train sets and is in the process of obtaining clearance for the rolling stock, aiming for a partial opening by mid-2026.BMRCL is also planning to operationalise the Blue Line stretch from Silk Board to KR Pura by 2026. However, the remaining section from KR Pura to Kempegowda International Airport has been pushed to 2027. Once these lines are operational, Bengaluru's Metro network is expected to reach nearly 175km in length.
Bengaluru (Karnataka) [India], December 13: IIFL Capital Services Limited (formerly IIFL Securities Limited) today announced the unveiling of its state-of-the-art office in Bengaluru, dedicated to wealth management services for High Networth Individuals (HNIs) and Ultra High Networth Individuals (UHNIs). IIFL Capital Services is one of the largest wealth managers in India, with about $30 billion (Rs 2.5 lac crore) worth of assets under management, advice and custody. Also Read | Big score is just around the corner for Steve Smith, Skipper Pat Cummins Backs Star Batter Ahead of IND vs AUS 3rd ...Read More >
New Delhi [India], January 17 (ANI): Congress candidate from Malviya Nagar assembly, Jitender Kumar Kocher, on Friday, slammed the Aam Aadmi Party (AAP) and said that Delhi wants a change and that people in the national capital seek relief from AAP. "Delhi wants a change. They want relief from AAP... The people of Delhi still remember the work I did... Only Congress will form a government in Delhi. Malviya Nagar is not getting clean. There is garbage everywhere. Sewers are choked. I am going to people with work I have done in 15 years. Congress will be ahead of all the parties in this electio ...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: In a significant milestone for Bengaluru's public transport system, the Bengaluru Metro Rail Corporation Limited (BMRCL) registered its highest-ever single-day ridership on June 4, with a record 9,66,732 commuters utilizing Namma Metro services. The achievement highlights the growing reliance on the metro as the city's primary mode of travel. The surge in passenger numbers was witnessed across various metro lines, with Line 1 accounting for 4,78,334 commuters and Line 2 seeing a ridership of 2,84,674. The Kempegowda Interchange Station (KGWA) at Majestic, one of the city's busiest ...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 >
Hyderabad: Stating that the hurdles related to the Kancha Gachibowli land placed by the Opposition were temporary, Chief Minister A. Revanth Reddy asserted that the state government within the judicial framework would fight a legal battle to reclaim the site and use it to generate employment opportunities. Addressing a meeting after inaugurating the P. Janardhan Reddy (PJR) flyover between Kondapur and Gachibowli here on Saturday, Revanth Reddy said, "Despite attempts by a few individuals to create hurdles, the government will not back down. The government will wage a legal battle in courts t ...Read More >
Kanpur (UP), May 28 (PTI) Prime Minister Narendra Modi will lay the foundation stone and inaugurate multiple development projects worth about Rs 20,900 crore here on Friday to boost the region's infrastructure and connectivity, an official statement issued here said. He will launch Chunniganj Metro Station to Kanpur Central Metro Station section of the Kanpur Metro Rail Project worth more than Rs 2,120 crore. It will include 14 planned stations with five new underground stations integrating key city landmarks and commercial hubs into the metro network. Besides, he will also inaugurate road-w ...Read More >
Mumbai: Mahindra Lifespaces Developers Limited (MLDL) has been selected as the preferred developer for a premium residential society redevelopment in Mulund West, Mumbai, with expected revenue of ₹1,250 crore. The project encompasses a 3.08-acre land plot with outstanding connectivity, situated 1.4 km from the forthcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. This site also provides convenient access to the Eastern Express Highway and Mulund-Airoli Bridge, advantageous for travelling to Navi Mumbai and various business areas. Mr.Vimalendra Singh, Chief Business O ...Read More >
Kolkata: A two-member National Commission for Women team on Sunday visited the south Kolkata law college where a student was allegedly gang-raped last week.The team, accompanied by a videographer, was initially denied entry and asked to produce a formal order. After an hour-long discussion at the college entrance, the team, led by Archana Majumdar, was allowed in under two conditions -- no access to the crime scene and no videography permitted.The visit lasted 10 minutes. "We were denied access to the crime scene and other floors. I will include this in my report," said Majumdar, who was the f ...Read More >
Mumbai: Plans are underway to connect India's first underground bullet train station at Bandra Kurla Complex (BKC) with two metro rail lines and other buildings and commercial complexes around it, said officials. There will be an underground tunnel with a travelator connecting the bullet train station to the Kotak-BKC station of the underground metro Line-3 (Cuffe Parade to Array Colony), and a foot over bridge (FOB) linking it to the IL&FS station on the under-construction Metro Line-2B (DN Nagar to Mandale). The linking initiative is a part of the larger multi-modal integration (MMI) aiming ...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 >
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 >
Akzo Nobel has revealed that its decision to partner with JSW Paints was based on a strategic vision to combine global expertise with strong local execution. The move positions JSW Paints to challenge India's top paint industry players. "We had options. It was really about finding not only the right home for our people but the right partner for our company, and we chose JSW," ET NOW quoted Akzo Nobel CEO Greg Poux-Guillaume as saying, explaining the rationale behind the decision. "It really is a ...Read More >
Bangalore MP Tejasvi Surya is upset. The Yellow Line metro, which is very important, is still not open. It was supposed to open a long time ago but got delayed many times. People in Bangalore have big traffic problems every day, especially in places like Silk Board and the IT area. The Yellow Line would help reduce this traffic. Because of the delays, people are frustrated and feel ignored. They want the metro company (BMRCL) to open the Yellow Line now. To show this, many people will meet at Lalbagh Main Gate on Saturday, July 5, at 9:30 AM. Then, they will walk to the BMRCL office to ask ...Read More >
India's housing market is booming, with 2024 projected to be the best year yet. Over 300,000 homes worth ₹510,000 crore are expected to be sold across the top seven cities, driven by economic growth and infrastructure improvements. Sales in the first nine months already reached nearly 230,000 homes, indicating continued robust demand and rising capital values.India's housing property market continues to remain on a strong footing, with the year 2024 expected to end as the best year ever in term ...Read More >
NEW DELHI: The Housing and Urban Affairs Ministry is likely to build a 7-km underground metro corridor connecting key landmarks such as the new Common Central Secretariat, India Gate, Bharat Mandapam and the North and South blocks to the Indraprastha metro station, sources said on Tuesday. The Delhi Metro Rail Corporation (DMRC) has been asked to finalise the proposed alignment, they said, adding it will be an extension of the Inderlok-Indraprastha metro corridor that was approved by the Union Cabinet earlier this year. According to the plan, the proposed line will pass through the Kartavya P ...Read More >
New Delhi, Dec 26 (VOICE) India in 2024 saw a boom in employment rates, with women and youth leading the charge in workforce participation, according to a report.The report by Apna.co, a job and professional networking platform, showed women contributed an impressive 2.8 crore job applications -- 20 per cent higher than in 2023. Similarly, the youth posted a 27 per cent year-on-year increase in job applications. Women contributed an impressive 2.8 crore job applications out of a total of 7 crore, a 25 per cent year-on-year surge, in 2024. Flexible work opportunities, gender-focused initiativ ...Read More >
Bengaluru: After facing roadblocks several times, Bengaluru's much-waited Namma Metro Yellow Line is all set to begin operations on January 6. Once operational, the metro line that connects RV Road to Bommasandra will be a crucial addition to the city's metro network as it links Electronics City, a hub for major companies like Infosys and Biocon. Confirming the updates, Lok Sabha MP from Bengaluru South Tejasvi Surya on Thursday said that the first train is ready and will be dispatched to Bengaluru in the first week of January. "We now have the first train ready to be dispatched to Bengaluru ...Read More >
New norms to avoid another Bengaluru stampede, said Home Minister G Parameshwara. Bengaluru: Karnataka government will formulate a new Standard Operating Procedure (SOP) for mega events, meetings and celebrations aimed at preventing any untoward incidents, state Home Minister G Parameshwara said on Thursday. The initiative comes in the wake of the stampede near the Chinnaswamy Cricket Stadium here on Wednesday that claimed 11 lives. Speaking to reporters, Mr Parameshwara said that the governm ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...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 >
Mumbai: Arkade Developers Limited, a listed real estate company on the BSE and NSE, has signed a binding agreement to acquire Filmistan Pvt Ltd for around Rs 183 crore. This acquisition gives Arkade control of the iconic 4-acre Filmistan Studios land parcel located on SV Road in Goregaon West, Mumbai. The company plans to launch an ultra-luxury residential project on the site in calendar year 2026, featuring spacious 3, 4, and 5 BHK homes along with exclusive penthouses. The development will include two 50-storey high-rise towers, with a Gross Development Value (GDV) projected at Rs 3,000 cro ...Read More >
Bengaluru: Embarrassed again by another untimely outburst -- this time from a cabinet colleague -- chief minister and his deputy DK Shivakumar Friday played down minister KN Rajanna's comments hinting at major political developments in the state post-Sept. The two insisted that there is no rift in the state Congress unit."Minister KN Rajanna only said there may be political developments in the state, but he did not say it is certain to happen. It is better to ignore his remarks," Siddaramaiah said on the sidelines of an event to mark the 516th birth anniversary of Nadaprabhu Kempegowda, widely ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
Hyderabad: Chief Minister A. Revanth Reddy took a resolute stance on the ongoing Kancha Gachibowli land dispute, asserting that the Telangana government would legally reclaim the entire 400-acre land parcel. Without naming the location directly, he stated, "Certain individuals are creating obstacles, but the government will pursue the issue legally and reclaim the land." Speaking at the inauguration of the 1.2 km six-lane PJR Flyover in Kondapur, the CM announced plans to transform the reclaimed land into an IT hub. "We will establish IT companies and generate over 5 lakh jobs with an investm ...Read More >
CHENNAI: The Chennai Metro Asset Management Limited, a joint venture of Chennai Metro Rail Limited (CMRL) and Tamil Nadu Industrial Development Corporation (TIDCO), has signed the contract for the development of a multimodal facility complex (MMFC) and the redevelopment of the Kuralagam Building at Broadway. The project to redevelop the property at a cost of Rs 566.59 crores was awarded to Bridge and Roof Company (India) Limited. The work is being executed by the Chennai Metro Asset Management Limited (CMAML) along with the Greater Chennai Corporation (GCC). As per the contract agreement sig ...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 >
Ahmedabad: The Adani Group's total contribution to the exchequer increased by 29 per cent to Rs 74,945 crore in fiscal year 2025, from Rs 58,104 crore in FY24, through its portfolio of listed entities, it announced on Thursday. Of the total contribution of Rs 74,945 crore, direct contributions stood at Rs 28,720 crore, indirect contributions at Rs 45,407 crore, while other contributions at Rs 818 crore, the company said in a statement. To put it in perspective, Rs 74,945 crore is roughly the cost of building the entire Mumbai Metro network - an infrastructure lifeline for millions of people. ...Read More >
Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastrinagar. Dr Lad said he's seen at least three children admitted for dengue this week, with all of the ...Read More >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >