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.
HYDERABAD: The LPG crisis in Telangana has taken a sharp and troubling turn, with rampant black marketing of cylinders crippling small businesses, exposing gaps in distribution, and forcing both consumers and eateries into desperate choices. While the government maintains that domestic supply remains stable and enforcement is underway, ground realities tell a far more distressing story -- one of survival, exploitation, and a thriving underground market. "We have spent around Rs 28,000 on cylinders in the last 10 days. Due to lack of supply, we are forced to buy cylinders in black just to keep our business running," says Padma, who runs a small tiffin centre in AS Rao Nagar. "Earlier, we used to earn around Rs 1,000 to Rs 1,200 profit, but now all our money goes into buying cylinders." Her voice captures the anxiety of hundreds of small food vendors across Hyderabad who are now battling soaring input costs, shrinking margins, and an uncertain future. "Some days, we open the shop with tension, not knowing if we will even have enough gas to last the day," she adds. "Customers think we are increasing prices, but they don't know what we are going through," says Kishan, a roadside dosa vendor in Ameerpet. "If I don't buy (cylinders) in black, I have to shut shop. If I buy in black, I don't earn anything. Either way, we are losing," he adds. Most of the small eateries in the city have increased their prices by Rs 10 to Rs 20. A cup of tea that used to cost Rs 10 is now being sold at Rs 15. Many eateries are also levying an additional Rs 10 in the name of cylinder charges. An eatery in Sindhi Colony, famous for pizza, was forced to buy a Rs 20,000 electric pizza machine due to non-availability of gas. "Earlier we used to run on five cylinders. Due to supply shortage, we are now using only three cylinders. We are forced to buy a commercial cylinder at Rs 7,500. We spent around Rs 30,000 on cylinders in just 10 days. If this situation continues, we don't think we'll be able to continue our business," says eatery owner Venkat.
Hyderabad, Jun 6 (PTI) Telangana Chief Minister A Revanth Reddy on Friday said BRS president K Chandrasekhar Rao should face an inquiry by the judicial commission on the Kaleshwaram project instead of attacking the Congress government. Addressing a public meeting after attending various development programmes in Yadadri-Bhuvanagri district, he referred to the judicial panel summoning KCR and the BRS criticising the state government on the matter. Also Read | Water Cut in Pune: Supply Suspended in South Pune on June 12 Due to Maintenance Work; Check Affected Areas. The judicial commission is ...Read More >
Chennai: Hours before Union home minister Amit Shah was to arrive in Madurai, Thuglak editor and an associate of Shah, S Gurumurthy on Saturday met PMK founder S Ramadoss. The PMK leader, however, ruled out the possibility of meeting Amit Shah during his two-day visit to Tamil Nadu.Gurumurthy met Ramadoss for the second time amid reported tension within PMK regarding alliance strategies and insistence by Anbumani Ramadoss to remain party president. The hour-long meeting took place at the T Nagar residence of A K Vijay Mahesh, son of former Union minister and PMK leader A K Moorthy, sources sai ...Read More >
Lucknow (Uttar Pradesh) [India], July 1 (ANI): A sandalwood tree worth lakhs of rupees was stolen from the official residence of the King George's Medical University (KGMU) Vice-Chancellor in Lucknow, despite security arrangements in place. KGMU spokesperson KK Singh said the 50-year-old tree was cut down and taken away by thieves. The residence, located within the campus, is currently unoccupied. Also Read | Rules Changing From July 1, 2025: From LPG Cylinder Prices and Railway Fares to Aadhaar-PAN Link, Check Key Rule Changes Taking Place Next Month. An FIR has been lodged, and CCTV foota ...Read More >
Srinagar, Jan 8 (UNI) In a significant breakthrough, Srinagar Police dismantled a cross-border drug trafficking network, seizing 8 kilograms of heroin valued at Rs 30-32 crore in the international market, and arresting two key operatives. Senior Superintendent of Police (SSP), Srinagar, Imtiyaz Hussain Mir, revealed that initial investigations confirmed the narcotics were smuggled from Pakistan as part of a cross-border trafficking syndicate. The SSP detailed the operation, saying that a team from Police Post Qamarwari intercepted a vehicle at Barthana Crossing during a routine checkpoint. ...Read More >
Bengaluru (Karnataka) [India], June 8 (ANI): Bharatiya Janata Party (BJP) MLA CN Ashwath Narayan has demanded the resignation of Karnataka Chief Minister Siddaramaiah, Deputy Chief Minister DK Shivakumar, and state Home Minister G Parameshwara following the stampede outside Chinnaswamy Stadium during Royal Challengers Bengaluru's (RCB) IPL victory celebrations, which resulted in 11 deaths. MLA Narayan claimed that the tragedy happened due to the 'irresponsibility' of the Congress government. While speaking to ANI on Sunday, he said, '... People lost their lives due to the irresponsibility of ...Read More >
Mumbai, July 3 (SocialNews.XYZ) The Enforcement Directorate (ED) has intensified its probe into the Vasai-Virar Municipal Corporation (VVMC) land scam, conducting fresh search operations at 16 locations across Mumbai on July 1 under the Prevention of Money Laundering Act (PMLA), 2002. The searches, linked to the case involving Jayesh Mehta and others, resulted in the freezing of assets worth approximately Rs 12.71 crore in bank accounts, fixed deposits, and mutual funds, along with the seizure of Rs 26 lakh in cash and a trove of incriminating documents and digital devices, a statement issued ...Read More >
Guwahati (Assam) [India], July 5 (ANI): The Meghalaya Forest Department organised an outreach programme for the personnel of the 193rd Border Security Force (BSF) Battalion at Ranikor, Gumaghat Border Outpost (BOP) on the Indo-Bangla border in South-West Khasi Hills (SWKH) district. The main objectives of the outreach programme was to sensitise the BSF personnel on how to deal with herds of wild elephants they often encounter while discharging duty on the international border as well as raise awareness among BOP officials about various forms of wildlife crime, current trends in wildlife traff ...Read More >
Nalgonda: Deputy Chief Minister Mallu Bhatti Vikramarka on Sunday said that the Congress government would stand tall and work tirelessly for the public, no matter how many conspiracies were hatched by the Opposition. He said the Opposition was conspiring against the Congress government because its welfare programmes were fundamentally changing lives and increasing its popularity. He pointed out that there were 1.1 crore families in Telangana, and the benefits of at least one of the welfare schemes had reached nearly 93 lakh families. "In just one and a half years, we have implemented some for ...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 >
Bengaluru (Karnataka) [India], June 8 (ANI): Senior Bharatiya Janata Party (BJP) leaders in Karnataka mounted an attack on Karnataka Chief Minister Siddaramaiah and Deputy Chief Minister DK Shivakumar, days after 11 people died in the Chinnaswamy Stadium stampede in Bengaluru. Karnataka Deputy Leader of Opposition and BJP MLA Arvind Bellad alleged that the duo wanted to 'take selfies' and 'celebrate' the victory with RCB players. 'After this big tragedy in Karnataka, more than 30 common citizens were injured, and 11 people lost their lives. The chief minister, Siddaramaiah, and the deputy ch ...Read More >
New Delhi [India], July 3 (ANI): The Enforcement Directorate (ED) has frozen Rs 12.71 crore in bank balances, fixed deposits, mutual funds and seized cash amounting to Rs 26 lakh apart from large number of incriminating documents and devices during searches conducted at 16 different locations across Mumbai in Vasai Virar Municipal Corporation (VVMC) scam, the agency said on Thursday. ED's Mumbai zonal office took the action during the raids carried out under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, on July 1 in the case. Also Read | Gujarat Human Trafficking Cas ...Read More >
The Delhi BJP also shared a rap song "Delhi ka millionaire" alleging corruption against the party's top leadership. In a recently-released video, the Delhi BJP has given a tour of the luxurious bungalow of AAP leader Arvind Kejriwal, where he lived while serving as the Chief Minister of the state. The party also shared a rap song "Delhi ka millionaire" alleging corruption against the party's top leadership. Delhi BJP chief Virendra Sachdeva, who shared the video on X, called the Civil Lines bu ...Read More >
Hyderabad, Jun 6 (PTI) Telangana Chief Minister A Revanth Reddy on Friday said BRS president K Chandrasekhar Rao should face an inquiry by the judicial commission on the Kaleshwaram project instead of attacking the Congress government. Addressing a public meeting after attending various development programmes in Yadadri-Bhuvanagri district, he referred to the judicial panel summoning KCR and the BRS criticising the state government on the matter. The judicial commission is probing the alleged irregularities in the Kaleshwaram project built during the BRS regime. "He (KCR) is getting restles ...Read More >
New Delhi, Jun 8 (PTI) Aam Aadmi Party's Rajya Sabha MP Sanjay Singh and Delhi unit chief Saurabh Bharadwaj on Sunday visited the demolition site of the Madrasi Camp slum cluster, where they met with displaced residents, and intensified their attack on the BJP over the recent eviction drive. They alleged that Prime Minister Modi's promise to slum dwellers of 'jahan jhuggi wahan makan' - house at the site of their hutment - has "proved to be hollow like many others". There was no immediate response available from the BJP or the Delhi government over the accusations. The Madrasi Camp -- a jhu ...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 >
In a miraculous turn of events, a seven-year-old boy who was kidnapped from Uttar Pradesh's Ghaziabad district more than 30 years ago has reunited with his family. IMAGE: Raju was kidnapped when he was seven-year-old from Uttar Pradesh's Ghaziabad district. Photograph: ANI Now 38, Raju shared his ordeal and said that after being abducted in September 1993, he was handed over to a truck driver who took him to Jaisalmer in Rajasthan. "The kidnappers kept me in a room located in the middle of a barren area, where I was forced to take care of sheep and goats. Each night, I was chained and locke ...Read More >
Alipurduar (West Bengal) [India], May 29 (ANI): Prime Minister Narendra Modi on Thursday laid foundation stone of City Gas Distribution project in Alipurduar and Cooch Behar districts in West Bengal on Thursday. The project, worth over Rs 1010 crore, aims to provide Piped Natural Gas (PNG) to more than 2.5 Lakh households, over 100 commercial establishments, and industries, and Compressed Natural Gas (CNG) to vehicular traffic by establishing around 19 CNG stations in line with the Minimum Work Program (MWP) targets stipulated by the Government. Also Read | Kerala Lottery Result Today 3 PM L ...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 >
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 >
New Delhi, Jun 29 (PTI) Cloud kitchens operator Curefoods India on Sunday filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 800 crore, and an offer-for-sale of 4.85 crore equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). As part of the OFS, Curefit Healthcare, Iron Pillar PCC, Crimson Winter, Accel India V, Chiratae Ventures India Fund IV, Global eCommerce Consolidation Fund and Alteria Capital Fund ...Read More >
Thiruvananthapuram: Ravada A Chandrasekhar took charge as the new State Police Chief on Tuesday. He succeeds Shaik Darvesh Saheb, who retired on June 30. His tenure will run until July 1, 2027. A 1991-batch IPS officer currently serving as Special Director with the Intelligence Bureau, Chandrasekhar is on central deputation. He was selected over Nitin Agarwal, who topped the official list of probables. The appointment order, issued by Kerala Chief Secretary Dr A Jayathilak on behalf of the Governor, was released soon after a cabinet meeting held on Monday. Hailing from Andhra Pradesh's Godav ...Read More >
Hyderabad (Telangana) [India], July 4 (ANI): Congress chief Mallikarjun Kharge on Friday came down heavily on the Rashtriya Swayamsewak Sangh (RSS) over its pitch to reconsider the words 'secular and socialist' from the Preamble of the Indian Constitution while saying that it was 'all talk'. He dared and challenged RSS General Secretary Dattatreya Hosabale and top leaders of the ruling Bharatiya Janata Party (BJP) in the centre to remove the words 'secular and socialist' from the Preamble. 'Days before, I heard that some RSS person said that we should remove Secular and Socialist words from ...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 >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >
New Delhi: Oil companies on Tuesday slashed the price of commercial LPG cylinders by ₹58.5 with effect from July 1. A 19-kg commercial cylinder now costs ₹1,672 in Kochi and ₹1,693 in Thiruvananthapuram. This marks the fourth consecutive reduction in commercial LPG prices. Rates were earlier cut by ₹24 on June 1, ₹14.50 on May 1, and ₹41 on April 1--amounting to a total reduction of ₹138 since April. However, in a contrasting move, the price of aviation turbine fuel (ATF) was hiked sharply by ₹6,271.5 per kilolitre, or 7.5%, bringing the price in Delhi to ₹89,344.05 per kl. This reverses a t ...Read More >
New Delhi, Jul 1 (PTI) With the Goods and Services Tax (GST) completing eight years, Congress leader Rahul Gandhi on Tuesday claimed that it is a "brutal tool of corporate cronyism" and asserted that a reformed GST must be "people-first, business-friendly, and truly federal in spirit". The Leader of the Opposition in the Lok Sabha said India deserves a tax system that works for all, not just the privileged few, so that every Indian, from the small shopkeeper to the farmer, can be a stakeholder in the nation's progress. "Eight years on, the Modi government's GST is not a tax reform - it's a b ...Read More >
NEW DELHI: The Uttar Pradesh administration has strengthened security arrangements across several districts including Lucknow, Sambhal, and Moradabad to ensure peace and avoid any disruption, as Muharram processions and the Kanwar Yatra are being held at the same time.Large crowds gathered for Muharram processions across different regions, while preparations for the Kanwar Yatra are also underway. Police personnel have been deployed in all sensitive areas, and surveillance is being carried out using drones and CCTV cameras.In SambhalDistrict Magistrate Dr Rajender Pensiya while speaking to ANI ...Read More >