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.
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 is currently closed at a location called Dedkola. It may take about 2-3 days to reopen it and restore normalcy," the SP added. Meanwhile, tourists airlifted to Pakyong airport were transported to Siliguri in a state bus, while those with flight bookings were flown to Bagdogra in a helicopter. Police, on the other hand, issued a travel advisory restricting all tourist movement beyond Chungthang until further notice.
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 >
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 >
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 >
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 fo ...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 >
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 >
Gangtok: Sikkim's sole Lok Sabha MP, Indra Hang Subba, on Monday met Sanjay Kumar Jha, Chairperson of the Parliamentary Standing Committee on Transport, Tourism and Culture, and submitted a representation urging urgent intervention to restore flight services at Pakyong airport and improve road connectivity in the northern parts of the State. According to a statement from the MP's office, Subba briefed the committee chief on the challenges faced by residents and tourism stakeholders in North Sikkim, following successive natural disasters -- including the Glacier Lake Outburst Flood (GLOF) on O ...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 >
Gangtok, Jun 8 (PTI) At least 28 people, stranded at Chaten in north Sikkim, and 20 army personnel were airlifted on Sunday as the road connectivity in the region had been snapped due to multiple landslides triggered by heavy rain, officials said. A chopper evacuated 28 civilians, comprising minors, tourist taxi drivers and government officials, from Chaten in the first sortie, while 20 army personnel returned to Pakyong Greenfield Airport in another trip, they said. The MI-17 helicopter also transported essential supplies for Indian Army personnel stationed at Chaten, the officials said. T ...Read More >
Gangtok: A total of 135 stranded tourists have been rescued by the Army from North Sikkim, where multiple landslides have snapped road connectivity, officials said on Thursday. Around 1,000 tourists remain stranded in Lachen, with sustained efforts underway to ensure their rescue at the earliest, they said. The rescue operation is being carried out by the Trishakti Corps under the Eastern Command amid heavy snowfall, they added. Critical passes have been opened and alternate routes activated to facilitate the rescue mission, named 'Operation Him Setu', officials said. ...Read More >
Chaten (Sikkim) [India], June 3 (ANI): In a successful rescue operation, a group of 34 stranded individuals, including injured Army personnel, their family members, and tourists, were air evacuated from Chaten and safely landed at Pakyong Greenfield Airport. The evacuation mission was carried out by two MI-17 V5 helicopters, marking a crucial step in providing relief to those affected, as per the Government of Sikkim. Meanwhile, on June 2, Stranded tourists in Lachung were actively evacuated through a coordinated effort involving the police, residents, forest personnel, and the Lachung Hotel ...Read More >
MANDYA: Tension gripped Elechakanahalli village in Mandya taluk after Dalits were allegedly denied entry into Maramma temple by upper caste people. As the situation escalated, heavy police deployment was made to prevent any untoward incidents. The controversy began when upper caste villagers reportedly blocked Dalits from entering Maramma temple, leading to clashes between the two communities. Taluk authorities temporarily sealed the temple and enforced tight security in the area. Later, leaders from both communities placed separate locks on the temple doors, further deepening the standoff. ...Read More >
Mangan (Sikkim) [India], April 6 (ANI): Around 1,500 tourists, along with approximately 169 vehicles and 79 bikes, are currently stranded in Sikkim's Lachen following the temporary closure of the Lachen axis due to a road breach near Tarum Chu Bridge. According to the Mangan District Collector Anant Jain, the evacuation process has started today under the close coordination of the concerned authorities. However, due to the blockage on the Lachen-Chungthang road, tourists cannot be brought down through the usual route at present. As an alternative, the stranded tourists are planned to be evac ...Read More >
Gangtok (Sikkim) [India], April 9 (ANI): The Indian Army's Trishakti Corps completed the evacuation of stranded civilians under Operation HimSetu, rescuing 1,321 tourists and 84 locals within 48 hours despite adverse weather conditions. The operation was carried out in a coordinated and seamless manner without any reported incidents, the Army said. The evacuation effort was executed in close coordination with the civil administration and the Border Roads Organisation. Connectivity in the affected area was restored by constructing a temporary footbridge, which enabled the safe movement of str ...Read More >
Chaten, Sikkim: A massive landslide struck North Sikkim's remote Chaten area on Sunday evening (June 1), leaving three people dead and six security personnel missing, according to a report by The Times of India. The disaster, which comes after days of heavy rain, has not only devastated local habitats but also stranded over 1,200 tourists in the Lachen and Lachung regions, prompting large-scale evacuation efforts led by both officials and local communities. Here are some visuals from the scene: The response effort is being bolstered by the local Lachungpa community, who have stepped in as f ...Read More >
Gangtok, Jun 5 (PTI) Altogether 63 stranded people, mostly tourists, were on Thursday evacuated by helicopters from Chaten in north Sikkim, which was hit by a landslide earlier this week, officials said. Sixty-four other tourists are still waiting at Chaten to be rescued by the army and local administration. The operation to rescue them was called off due to inclement weather and challenging terrains during the day, officials said. Chaten is located near Lachen, a small town in Mangan district, which is used by travellers to reach Gurudangmar Lake which is a popular tourist destination. Off ...Read More >
Kota, Jun 6 (PTI) A relationship manager in an ICICI bank branch in Kota allegedly swindled around Rs 4.58 crore from customers' accounts only to lose the lot of it in the stock market, police on Friday said. She was arrested last week and is currently under judicial custody, they said. Also Read | Bengaluru Stampede: Police Complaint Lodged Against Virat Kohli Over Stampede Tragedy Near Chinnaswamy Stadium. The accused, Sakshi Gupta, was posted as a relationship manager at ICICI Bank's DCM branch. Police said she had been pilfering from more than 110 accounts belonging to 41 customers for ...Read More >
Gangtok, Jun 2 (PTI) Three army personnel died and six soldiers went missing after a landslide hit a military camp at Chhaten in Sikkim, a defence official said on Monday. The landslide, which occurred at 7 pm on Sunday near Lachen town in Mangan district, was triggered by heavy rainfall in the area, he said. "... A catastrophic landslide occurred following intense and continuous rainfall in the region causing death of three combatants, identified as Havaldar Lakhwinder Singh, Lance Naik Munish Thakur, and Porter Abhishek Lakhada," the official said in a statement. Bodies of the personnel h ...Read More >
Search operations are ongoing for six missing individuals after a landslide struck a military camp in Sikkim, hindering rescue efforts due to severe weather and terrain. Simultaneously, Assam is grappling with severe floods affecting over 6 lakh people across 21 districts, with rising death tolls and widespread displacement, prompting government relief measures and evacuations.Search operations are continuing on an urgent footing to locate the six individuals who are still missing after a landsli ...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. The operation is being carried out to ensure timely support to both stranded civilians and defence personnel. On their return trip, the helicopters will evacuate individu ...Read More >
Gangtok, Jun 6 (PTI) A total of 44 stranded tourists were evacuated from Chaten in north Sikkim on Friday, bringing to a close the rescue efforts of people stuck in the landslide-hit area for the day, officials said. The rescue efforts resumed in the morning, with helicopters airlifting the stranded tourists from Chaten, they said. "A total of 44 people have been evacuated from Chaten, north Sikkim, today through multiple sorties by helicopters," an official said. Among those evacuated, 17 are local residents, he said. "With the successful completion of this round, all stranded tourists ha ...Read More >
Gangtok June 7: At least 76 army personnel were on Saturday airlifted from Chaten in north Sikkim where road connectivity has been snapped due to multiple landslides triggered by heavy rain, officials said. This marks the "completion of coordinated evacuation efforts", which included the rescue of all stranded tourists earlier, they said. "Altogether 76 army personnel were airlifted by three MI-17 helicopters. The air evacuation operation from Chaten has concluded today with the helicopters transporting army personnel from Chaten to Pakyong Greenfield Airport," an official said. The state gov ...Read More >
Gangtok: The Indian Army has successfully evacuated all 1,321 stranded tourists and 84 local residents from North Sikkim on Thursday after landslides snapped road connectivity in the region, officials said. Defence Spokesman Lieutenant Colonel Mahendra Rawat said that 'Operation Him Setu', launched earlier to evacuate stranded tourists in the Lachen area of North Sikkim, has been completed successfully. He noted that the evacuation of all stranded individuals was carried out in an incident-free, coordinated, and seamless manner within 48 hours, despite adverse weather conditions. "A total o ...Read More >
Dibrugarh: Three YouTubers were arrested in Dhemaji on Thursday for the brutal killing of wild birds and uploading graphic footage of their acts on their YouTube channel 'Jakrub'. The accused have been identified as Munindra Mushahary, Maheshwar Swargiary and Shiviram Swargiary.The trio reportedly hunted birds and destroyed nests at the Pitoni region of Hastinapur and Kardoiguri villages, an ecologically sensitive area. They used slingshots to kill birds and collected hundreds of eggs from their nesting grounds. The videos, which showed the destruction of habitats and killing of birds, sparked ...Read More >
Gangtok, June 7: 76 army personnel were successfully airlifted from Chaten on Saturday, marking the completion of extensive rescue operations in disaster-hit North Sikkim. The evacuation was carried out using three MI-17 helicopters, bringing a coordinated multi-agency effort to a close after days of relentless search and rescue in the landslide-struck region. According to officials, the personnel were airlifted from Chaten, one of the worst-affected areas, to the Pakyong Greenfield Airport. This follows the earlier air evacuation of over 140 tourists who had been stranded in the towns of Lac ...Read More >