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.
PUNE: In a move to empower homebuyers and enhance transparency, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has revised its project registration certificates to include critical details about real estate projects in a concise, reader-friendly format. For the first time, the certificate -- issued at the time of project registration -- includes comprehensive data such as the project's total built-up area, number and names of buildings and wings, approved habitable floors, total residential and non-residential units, commencement certificate status, and number of parking spaces for four-wheelers, two-wheelers, and visitors. These details, along with the promoter's and project's name and address, are now displayed in the revised format in bullet points to enhance accessibility and readability, an official told TOI on Thursday. The change will come into effect immediately for all new projects. MahaRERA officials said the aim is to ensure that all key project details -- already mandated to be displayed at the project site, in advertisements, and on the MahaRERA website -- are now clearly mentioned on the registration certificate as well. "This is yet another important step to empower the homebuyer," said MahaRERA chairman Manoj Saunik, adding, "To ensure lifetime investments are secure, we are committed to transparency and accountability. These certificates will help buyers verify essential project facts before committing to a purchase." Importantly, any future changes in the project -- such as timeline extensions, changes in developer, or corrections -- will also be reflected in an updated certificate. The annexure to the certificate will list these revised details, giving buyers a clear and up-to-date snapshot of the project's status. All developers are required to display the updated certificate prominently at the project site and on the project's MahaRERA webpage. In addition, the mandatory QR code in ads -- already in effect -- will link directly to key project details for public access, added officials. This initiative follows a series of buyer-friendly reforms by MahaRERA, including the introduction of a standardised agreement-for-sale, mandatory allotment letters, detailed parking disclosures, and clarity on amenities with delivery timelines. Several state regulators across India have adopted MahaRERA's model reforms, said an official. "The revised certificate will help homebuyers with clear, credible information at every stage of the homebuying journey. This information should have been put up at the start itself," said V Narayan, a senior citizen, who has recently invested in a new property. He added, "Details of the developer and their projects help give a clear picture of the project before investment." Salient features of new MahaRERA certificate: > All project and promoter details in bullet format for better clarity > Total built-up area of the housing project > Names and number of buildings and wings > Approved number of habitable floors > Number of residential and non-residential units > Construction approval status as per commencement certificate > Total parking slots for four-wheelers, two-wheelers, and visitors > Updates like project transfers or timeline extensions reflected in revised certificates
Gurugram, 11 December 2024: Around USD 40 billion of investments are envisaged over the next 5-6 years for the development of Electric Vehicles (EV) & ancillary industries in India. However, the deployment of these funds will rely upon successful implementation of government policies, charging infrastructure ramp-up and domestic manufacturing capacity scale-up. As per Colliers' latest report "EVs in India: Renewed Vigour in Electric Mobility", about two-thirds of the planned investments, can potentially materialize in the lithium-ion battery segment alone. Interestingly, despite slower than an ...Read More >
Bengaluru: In a setback to Karnataka Chief Minister Siddaramaiah, the Directorate of Enforcement (ED), Bangalore Zonal Office has provisionally attached 142 immovable properties having an approximate market value of Rs 300 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with the Mysuru Urban Development Authority (MUDA) scam. Chief Minister Siddaramaiah is accused number one in the case and the investigation is also conducted against others who got the illegal allotments done through the MUDA. His wife B.M. Parvathi is the second accused. "The ...Read More >
Mumbai, May 20 (PTI) The Maharashtra cabinet on Tuesday announced a new housing policy, which includes a comprehensive programme ranging from slum rehabilitation to redevelopment, with an investment of Rs 70,000 crore. Talking to reporters after the cabinet meeting, Chief Minister Devendra Fadnavis said the policy focuses on housing for the common man with the motto "My Home -- My Right". He said the policy prioritises low-income groups, senior citizens, women, industrial workers and students. The policy comprises a comprehensive programme from slum rehabilitation to redevelopment, with an ...Read More >
New Delhi, Jun 6 (PTI) The Delhi government has rolled out guidelines for tree officers to enforce certain sections of the Delhi Preservation of Trees Act (DPTA), 1994, officials said. Environment Minister Manjinder Singh Sirsa said Section 8 of the DPTA mandates that no tree shall be felled, removed or disposed of without prior permission from the tree officer. However, it provides an exception for emergency cases, where a tree poses an immediate danger to life, property or traffic, he explained. In such situations, RWAs, land-owning agencies, individuals or responsible agencies may act wit ...Read More >
New Delhi, Jun 27 (PTI) Realtors' body NAREDCO president G Hari Babu on Friday demanded that interest on home loans should come down to around 6 per cent to boost sales that have fallen during the first six months of this year across the top seven cities. He attributed the fall in housing sales to excess supply, sharp rises in prices of residential properties and global economic uncertainties. Real estate data analytics firm PropEquity has reported a 19 per cent drop in sales during the current April-June period and a 23 per cent fall in the preceding quarter across 9 major cities. Property ...Read More >
Chennai, Jun 28 (PTI) Two and three-wheeler manufacturer TVS Motor Company has launched OBD2B Compliant 2025 TVS Apache RTR 160 cc motorcycle, equipped with OBD2B compliance, Dual-Channel Anti-lock Braking System (ABS). The new range of its highly popular motorcycle is priced from Rs 1.34 lakh (ex-showroom Delhi). Also Read | Bodoland Lottery Result Today, June 28, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. "The 2025 TVS Apache RTR 160 is OBD2B compliant and introduces dual channel ABS, delivering enhanced safety and contro ...Read More >
Bengaluru, Jul 7 (PTI) Critical data on persons with disabilities in the justice system is missing or inconsistent, making accountability and reform difficult is one of the key findings of a first-of-its-kind research study in India--'Access to Justice for Persons with Disabilities in India: A Data Informed Report'. Launched by Pacta, a Bengaluru-based law and policy think tank, the report exposes critical data gaps and systemic exclusion of persons with disabilities across India's police, prison, judiciary, and legal aid systems. The report also underscores how India's justice system, despi ...Read More >
Mumbai: Domestic institutions, including mutual funds and Life Insurance Corporation of India (LIC), hold the key to allowing Subhash Chandra-led promoter entities to increase their stake in Zee Entertainment Enterprises Ltd. That's when Norges Bank, the company's largest overseas investor, has given its assent. LIC (4.49%), HDFC Mutual Fund (3.66%) and ICICI Prudential Mutual Fund (3.04%) together own over a tenth of the outstanding shares of Zee as of 31 March, making their decision crucial. HDFC Life Insurance (1.57%) is another significant shareholder. Zee has intensified its outreach to ...Read More >
New Delhi, Jun 6 (PTI) Infrastructure major Larsen & Toubro (L&T) on Friday said it will raise Rs 500 crore through ESG bonds. An ESG bond is a debt security that funds an environmental, social, or governance goal. "Larsen & Toubro (L&T) has announced a Rs 500 crore ESG bond issuance deal, becoming the first Indian corporate to do so under the Securities and Exchange Board of India's (Sebi's) newly introduced ESG and sustainability-linked bond framework," the company said in a statement. HSBC is acting as the sole lead arranger in the transaction, it said. As part of the ESG bond deal, the ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
NEW DELHI: In a significant move aimed at reducing pension-related legal disputes and ensuring swifter justice for India's growing population of retired government employees, Union Minister Dr. Jitendra Singh on Wednesday, while chairing the first-ever "National Workshop on Pension Litigation" organised by the Department of Pension & Pensioners' Welfare at Vigyan Bhawan here, said that in no case should the vital energies of our elder citizens be allowed to be consumed inconsequentially for avoidable reasons because they may be "retired from government service but not retired from service to t ...Read More >
Hyderabad: The Rangareddy District Consumer Disputes Redressal Commission has issued a legal notice to Telugu superstar Mahesh Babu, who was the brand ambassador for Ms Sai Surya Developers, a real estate firm now under legal scrutiny. The notice comes in response to a complaint filed by individuals who claim they were misled by the firm's marketing campaigns -- which featured Mahesh Babu prominently. The commission has named the actor as the third respondent in the case, underlining his involvement in promotional activities that allegedly influenced investment decisions. According to the co ...Read More >
Mumbai, Jul 10 (PTI) With more and more companies prioritising inclusivity, a study has revealed that the most diverse companies delivered 50 per cent higher net profit compared with less diverse counterparts. Around 8 out of 10 industries studied showed a positive relationship between the presence of women and profit after tax (PAT) as most diverse companies delivered 50 per cent higher net profit than their less diverse counterparts, according to HR advisory firm Marching Sheep's 'Marching Sheep Inclusion Index 2025' study. This annual study, conducted by HR advisory firm Marching Sheep's ...Read More >
New Delhi, July 10, 2025 -- The Committee to Protect Journalists calls for greater transparency and due process in how Indian authorities handle social media restrictions, following reports of the temporary block of multiple international news organizations' X accounts over the weekend. X accused the Indian government of censoring the press. "This incident once again underscores the serious lack of transparency and accountability in how the Indian government issues and enforces orders for the removal of social media content and the blocking of accounts," said Kunāl Majumder, CPJ's India repre ...Read More >
Governance firm InGovern Research has called for investor safeguards, citing market volatility triggered by offshore short-seller reports. This follows Viceroy Research's 9 July report alleging governance issues at Vedanta, which caused an intraday stock plunge of nearly 8 per cent. While acknowledging short-selling as a legitimate, regulated activity that aids market liquidity and price discovery, InGovern emphasised that such reports often serve the financial interests of their authors. "Crit ...Read More >
India's Chief Economic Advisor (CEA), Anantha Nageswaran, has urged regulators not to hinder innovations in the crypto and gaming sector. Speaking at the 2024 Global Economic Policy Forum on Wednesday, Nageswaran stressed the importance of regulatory transparency. He also advocated to strike a balance between fostering innovation and addressing social costs. "In a country with low per-capita income and financial illiteracy, not every innovation needs to be encouraged without any questioning. You have to have a social cost-benefit analysis of innovations such as Crypto and online gaming." He ...Read More >
Lucknow, Jul 4 (PTI) The Uttar Pradesh government to further strengthen grant-aided primary schools to enhance access to quality education for children from marginalised communities, an official statement said on Friday. Under the initiative, primary schools operated through the Social Welfare Department will provide free and quality education to children from economically weaker sections -- especially those belonging to Scheduled Castes, Scheduled Tribes, and families living below the poverty line. Currently, 448 grant-aided primary schools in the state are recognised by the Basic Education ...Read More >
Gurgaon: In Haryana, 90% of summons are now issued electronically, and 100% of searches and seizures by police during investigations are recorded digitally. Around 68% of witness and complainant statements are being captured using the eSakshya mobile application, standardising evidence collection and improving transparency across investigations. Under the new criminal laws, witness examination has now extended beyond traditional courtrooms, as witnesses can now be examined at "designated places" which include govt offices, banks, and other such places. A total of 2,117 designated places have b ...Read More >
NEW DELHI: In a significant step toward digital transformation, the Election Commission of India (ECI) has revamped its post-election data reporting process by introducing a streamlined, technology-driven system for generating Index Cards and Statistical Reports. The initiative, aimed at enhancing data accessibility and timeliness, replaces the earlier manual process that often delayed dissemination. Under the leadership of Chief Election Commissioner Gyanesh Kumar and Election Commissioners Sukhbir Singh Sandhu and Vivek Joshi, the new system leverages automation and data integration to enab ...Read More >
New Delhi, Jun 27 (PTI) The Delhi government has directed all district magistrates to conduct regular inspections of night shelters across the city, following reports of serious mismanagement, fake staff and unsafe conditions for residents. Urban Development Minister Ashish Sood chaired a high-level meeting at the Delhi Secretariat on Friday to review the functioning of the night shelters operated by the Delhi Urban Shelter Improvement Board (DUSIB). The meeting, attended by senior DUSIB officials and district magistrates through video-conferencing, was convened a day after the minister cond ...Read More >
Bengaluru (Karnataka) [India], July 1: NBR Group, one of South India's most trusted and progressive real estate developers, has announced the launch of its new premium residential offering-- 'Soul of the Seasons', exclusive 3 BHK apartments at Mullur, off Sarjapur Road, Bengaluru. The project has received approval from RERA (Real Estate Regulatory Authority). Conceptualized around the idea of 'Resort Living, Every Day', the project blends modern urban lifestyles with the rare luxury of open, green spaces--bringing together elegance, community, and conscious living in one of Bengaluru's fastest ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family has not yet agreed to clemency or blood money. As a last-ditch effort to save her, Kanthapuram A. ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent muted demand scenario. Select companies from metals, pharmaceuticals, cement, banking and finance and ...Read More >
Delhi Housing Scheme 2025: In a major development for potential home buyers in Delhi, the Delhi Development Authority (DDA) cleared the Delhi Housing Scheme 2025. It will offer 177 affordable residential flats across Delhi's prime locations, including Rohini, Jasola, Vasant Kunj, etc. The premium housing scheme will offer around 177 residential low, middle, and high-income group flats and garages. Potential buyers can apply for the Delhi Housing Scheme at prime locations including Vasant Kunj, Dwarka, Rohini, Pitampura, Jasola, Ashoka Pahari, etc, reported Indian Express on Friday. Other tha ...Read More >
Principal Secretary to the Prime Minister, Dr. P. K. Mishra, addressed the Ministerial Roundtable on Disaster Risk Reduction (DRR) Financing at Geneva on 04th June 2025. He commended the UNDRR and its partners for convening this critical discussion. India also recognized the contributions of Brazil and South Africa in continuing the global dialogue through their G20 presidencies. Dr. Mishra underscored that DRR financing is not a peripheral issue but central to the effective functioning of national disaster management systems and the safeguarding of development gains in the face of rising cli ...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, 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 >
Lucknow, Jul 4 (PTI) The Uttar Pradesh government to further strengthen grant-aided primary schools to enhance access to quality education for children from marginalised communities, an official statement said on Friday. Under the initiative, primary schools operated through the Social Welfare Department will provide free and quality education to children from economically weaker sections -- especially those belonging to Scheduled Castes, Scheduled Tribes, and families living below the poverty line. Also Read | Bodoland Lottery Result Today, July 04, 2025: Assam State Lottery Sambad Friday L ...Read More >
New Delhi [India], July 9 (ANII): In a significant move to enhance the quality and transparency of pilot training in India, the Directorate General of Civil Aviation (DGCA) on Wednesday officially announced the formal commencement of a comprehensive ranking framework for Flying Training Organisations (FTOs) across the country. The initiative aims to ensure standardisation, safety, and accountability in India's aviation training sector. The ranking system will be implemented as of October 1, 2025, and rankings will be published twice a year, on April 1 and October 1, to provide timely and upd ...Read More >
Indore, July 11 (SocialNews.XYZ) Madhya Pradesh Chief Minister Mohan Yadav inaugurated an exhibition themed "Building Cities of Tomorrow" at the Brilliant Convention Centre in Indore, as part of the 'Madhya Pradesh Growth Conclave' organised on Friday, government officials said. The exhibition showcased various urban development projects being implemented across the state, highlighting robust infrastructure, innovations, investment promotion policies, and developmental schemes, officials added. It featured the Indore Development Authority's infrastructure models, including the multi-purpose ...Read More >