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.
Gurugram: Amid the IMT Manesar labour unrest over wage-related issues, deputy commissioner Ajay Kumar on Thursday urged industrial units to immediately implement the Haryana government's revised minimum wages, calling it a crucial step towards addressing workers' concerns and restoring normalcy. The appeal comes days after protests by thousands of contractual workers in Manesar turned tense over demands for better wages and working conditions. The administration has since stepped up efforts to stabilise the situation and ensure compliance with the new wage structure. The Haryana government notified a significant hike in minimum wages across categories, effective April 1, 2026, with an increase of nearly 35%. Also Read: Prohibitory orders imposed in Manesar as contractual workers protest According to the revised rates, wages for unskilled workers have been raised from ₹11,274.60 to ₹15,220, marking an increase of ₹3,945.40. Similarly, semi-skilled workers will now earn ₹16,780.74, up from ₹12,430.18, while skilled workers' wages have been increased to ₹18,500.81 from ₹13,704.31. For highly skilled workers, wages have been revised from ₹14,389.52 to ₹19,425.85. Calling the decision "sensitive and worker-centric," DC said, "The Haryana government has taken an important decision in the interest of workers. All industrial institutions must implement the revised minimum wages on priority." Officials said the labour department has been directed to ensure strict implementation of the revised wages across the district. Monitoring mechanisms will ensure compliance with labour laws and ensure that workers receive the full benefit of the revised pay structure. Administration's push comes when the unrest in IMT Manesar highlighted gaps between policy announcements and on-ground implementation. Authorities hope that swift enforcement of the revised wages will address grievances and prevent further escalation.
Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...Read More >
Mumbai (Maharashtra) [India], January 22 (ANI): Maharashtra Deputy Chief Minister Eknath Shinde called the Pushpak Express accident "unfortunate" and said that he has spoken with the collector and officials over the same. "The Jalgaon incident is very unfortunate. I have collected details on it. I have spoken with the collector and officers. The injured have been admitted to the hospital. A rescue operation is underway at the spot. The government is providing all help to everyone," said the deputy CM. Notably, the death toll in the Jalgaon train accident has risen to 11, with six others inju ...Read More >
Mumbai, May 21: The 8th Pay Commission has been officially announced by the Indian government, with no doubt a significant activity for some 1 crore central government employees and pensioners for the consideration of the revisions of salaries and pensions. The primary role of this commission will be to identify the fitment factor, the multiplier used to increase basic pay, and review minimum wages and keep them relevant to the current economic situation. A prominent recommendation from the Staff Side indicates a desire to combine lower pay levels for a fairer wage structure and to facilitate ...Read More >
Bengaluru: The high court has refused to quash proceedings in a rare "reverse trap" bribery case, where a govt officer was caught allegedly returning a bribe to the complainant.Justice M Nagaprasanna dismissed the petition filed by AB Vijaya Kumar, former special land acquisition officer-II of the Karnataka Industrial Areas Development Board (KIADB) and currently a joint director in the department of municipal administration.The case pertains to a complaint filed by one Bhagath Singh Arun, who alleged that Vijaya Kumar demanded Rs 5 lakh to issue a no-objection certificate (NOC) in connection ...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 >
Rajamahendravaram: The foundation of the prestigious Akhanda Godavari Tourism Project aimed at showcasing the historical and cultural magnificence of Godavari region, will be formally held on June 19, announced by State Tourism, Culture, and Cinematography Minister Kandula Durgesh. The ground-breaking ceremony will be jointly performed by Deputy Chief Minister Konidela Pawan Kalyan and MP Daggubati Purandeswari, with the support of the Central government, he said. The Minister conducted a field visit on Saturday to oversee the arrangements for the upcoming event, inspecting key sites like Pu ...Read More >
Mumbai: A day after leader of the opposition in the Lok Sabha Rahul Gandhi alleged "match fixing" between BJP and ECI, state Congress chief Harshawardhan Sapkal on Sunday demanded narco tests on chief electoral officer (CEO) S Chockalingam and then additional CEO Kiran Kulkarni to expose the truth in Maharashtra's "vote theft" in the 2024 assembly election.Sapkal said it is BJP and CM Devendra Fadnavis who have jumped in with rebuttals, instead of the election watchdog. Fadnavis had on Saturday called Rahul's allegations an outright lie and in an article published in a national newspaper and a ...Read More >
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 >
Kangra (Himachal Pradesh) [India], June 26 (ANI): Following heavy rainfall and a cloudburst in Dharamshala, flash floods swept through the Manuni river area, impacting a local hydropower project and leaving several workers missing, officials said on Thursday. According to an Additional District Magistrate (ADM), Shilpi Beakta, Rescue teams have so far recovered multiple bodies and managed to save one person alive. Also Read | 8th Pay Commission To Triple Medical Allowance and Raise Minimum Salary to INR 27,000? Check Details. "Yesterday at around 4.30, a video circulated and we received a m ...Read More >
Bhubaneswar: Opposition BJD and Congress MLAs Tuesday staged a walkout from the Odisha assembly, accusing the ruling BJP of failing to control prices of essential commodities and resolve the potato crisis in the state. The issues were debated in the House over the admissibility of an adjournment motion moved by the Opposition on price rise of vegetables, pulses, edible oil and fuel. The opposition members took exception to comments made by Food Supplies and Consumer Welfare Minister K C Patra that adverse climate conditions, rates in international and domestic markets, and less production by ...Read More >
Kottayam: Chief Minister Pinarayi Vijayan said Kerala and Tamil Nadu have always supported each other, establishing a model of cooperative federalism. He said that when rights of states are being encroached upon, such cooperation should be extended among others. Tamil Nadu Chief Minister MK Stalin and Vijayan inaugurated the Thanthai Periyar Memorial and Library in Vaikom in Kerala on Thursday, marking a significant occasion in the commemoration of the legacy of social reformer Periyar E.V. Ramasamy. Several key political leaders from both Tamil Nadu and Kerala, underscored the longstanding ...Read More >
Talking to reporters on the sidelines of a special national integration camp organised by the Jammu and Kashmir, Ladakh NCC Directorate here, Abdullah also lauded the sanctioning of several projects for the UT. "Let there be discussions, it is a good thing. But we would want the discussions to conclude soon and that we get what we are demanding," he said. Welcoming the sanctioning of several projects for Jammu and Kashmir, including tunnels, costing ₹10,600 crore, the CM said these projects wi ...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 >
Also Read | Sambhal sparks rift: INDIA bloc allies face leadership turmoil? "Multiple encroachments are being seen around the area," Sambhal DM Rajendra Pensia told ANI. Pensia said, "There was encroachment on roads, sewers, water bodies, and that too for a long time. We are undertaking an 'abhiyan' (drive) to fix it. We launched a campaign in Chandausi and we had decided we would start the campaign here in November. But we could not start." The DM stated the anti-encroachment drive will conti ...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, Jun 8 (PTI) A Kerala businessman, who recently levelled corruption charges against an ED officer posted in the state, has recorded his statement with the central agency where he is understood to have denied knowing or having any evidence against the said investigator, official sources said Sunday. The businessman, Aneesh Babu, deposed before the Enforcement Directorate in Delhi on June 6 and his statement was recorded under audio-visual camera by the agency as per the provisions of section 50 of the Prevention of Money Laundering Act (PMLA). Such a statement made under the anti-mo ...Read More >
Vizianagaram: DIG Gopinath Jatti of the Visakhapatnam range urged youth and students to steer clear of drugs and other sedatives. He emphasised the importance of focusing on their studies and careers rather than engaging in poor habits. On Thursday, the police department observed an Anti-Drug Day. Speaking on the occasion, DIG Jatti said that strict action is being taken against those involved in cannabis cultivation. In the past, cannabis was grown on 15,000 acres in the agency areas, but with the help of drone technology, these crops were identified and destroyed. Due to the police's enforc ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to invite this esteemed class of artists, technologists, and professionals to join the Academy," said Ac ...Read More >
Bhubaneswar, Jun 29 (PTI) In a punitive measure following the Puri temple stampede that left three people dead and nearly 50 injured on Sunday, Chief Minister Mohan Majhi ordered the transfer of District Collector Siddharth Shankar Swain and SP Vineet Agrawal. Terming the "negligence" leading to the stampede as "unpardonable", Majhi also announced the suspension of two police officers - DCP Bishnu Pati and Commandant Ajay Padhi - an official release said. The CM appointed Khurda District Collector Chanchal Rana as the new collector of Puri. Agrawal will be replaced by Pinak Mishra as Puri SP ...Read More >
New Delhi [India], June 29 (ANI): The Delhi government has requested Rs 1,000 crore in funding from the Central government to deploy new technology and implement measures aimed at reducing the Air Quality Index (AQI) of the national capital, Minister Parvesh Sahib Singh said on Sunday during an inspection of Nehru Park. Minister Singh visited Nehru Park along with Delhi Environment Minister Manjinder Singh Sirsa, as part of the government's initiative to install air purifiers in the area. Also Read | US: 24-Year-Old Indian Woman Simran Simran Goes Missing Days After Arriving for Arranged Mar ...Read More >
Police officials said the man, from Visakhapatnam, had already paid the principal amount but was being hounded for a huge amount as interest. The man's family has lodged complaints with the police commissioner and the district collector. Hyderabad: Facing relentless harassment after taking a loan of Rs 2,000 from an instant loan app, a 27-year-old died by suicide in Andhra Pradesh's Visakhapatnam just 47 days after he got married. Police officials said Narendra, who catches fish for a living, ...Read More >
Thane: Nationalist Congress Party (NCP-SP) MLA Jitendra Awhad said the govt should request all laadki bahin beneficiaries to contribute Rs 50 to the state if it is unable to provide eggs to over 24 lakh govt and aided school students through their midday meal schemes due to financial constraints. Awhad made this scathing remark at the state on Friday after staging a peaceful protest at the Thane collector office, where he presented a set of sugar and eggs to the administration as a symbolic protest against the govt plan. "Govt data shows the annual cost of providing eggs to students is just ...Read More >
Mangaluru, (Karnataka) Feb 5 (PTI) District in-charge Minister of Dakshina Kannada, Dinesh Gundu Rao, directed officials on Wednesday to install CCTV cameras on both sides of bridges along major highways and main roads to prevent 'illegal' activities. During an inspection of the strengthening work on the Addur Bridge along the Perali-Addur State Highway, Rao highlighted reports of sand mining near bridges weakening their structures. Also Read | Delhi Assembly Elections 2025: National Capital Records 57.89% Voter Turnout; Exit Polls Give BJP Edge Over AAP. He said that although extracting sa ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >
NEW DELHI: The government has approved shifting of Gurgaon's Kherki Daula toll plaza on the Delhi-Jaipur National Highway (NH-48) to Pachgaon, a place beyond Manesar, paving the way for easy commute for lakhs of office goers.When the plaza is moved to Pachgaon, over 15 kilometres from Gurgaon, commuters travelling between Delhi and Manesar also won't have to pay toll. Locals have been demanding its removal since 2014.TOI has learnt that Union road transport and highways minister Nitin Gadkari has approved the plan, and to ensure the new spot doesn't see any congestion, the National Highways Au ...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 >
MahaRERA has so far issued 1,163 warrants worth ₹705.62 crore involving 442 real estate projects in Maharashtra. Of this, the MahaRERA has recovered around 29% or around ₹200 crore. Around ₹200 crore worth of compensation has so far been recovered from 283 recovery warrants issued to 139 real estate projects, MahaRERA said in a statement. Also Read: MahaRERA puts grading of real estate projects in Maharashtra on hold MahaRERA issues recovery orders against real estate developers in case of default in handing over possession of property to homebuyers. The execution of recovery warrants has to ...Read More >
Also Read - Bengaluru likely to see heavy rainfall and thunderstorms from December 8, predicts IMD A group of 46 students and six teachers from Morarji Desai Residential School, Mulabagilu in Kolar district visited Murudeshwar on Tuesday as part of their school trip. According to the police, around 5.30 pm, the teachers, along with the students went to the beach. Despite warnings from lifeguards, seven students ventured into the sea. The sea was rough, and three girls were swept away by the cu ...Read More >
Chandigarh: Haryana Chief Minister Nayab Singh Saini, while addressing representatives of the Brahmin community from across the state at his residence, Sant Kabir Kutir, said that the state government would celebrate the birth anniversary ofLord Parshuram in a grand manner at the government level. In addition, in response to the demand from Brahmin community representatives for the formation of a Brahmin Welfare Board, the Chief Minister assured that prominent members of the society would be inv ...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 >