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.
Thiruvananthapuram/Chennai, Jun 6 (PTI) Malayalam actor Shine Tom Chacko's father died in a road accident near Dharmapuri in Tamil Nadu on Friday morning when the family was travelling to Bengaluru, police said. According to a senior police officer in Dharmapuri, the actor suffered a fracture to his left arm, while his brother and mother, who were also in the vehicle, and the driver of the car suffered minor injuries. The incident occurred early in the morning on the national highway from Salem to Bengaluru when the vehicle Chacko's family was travelling in tried to overtake a lorry in front of it, the officer said. The lorry suddenly changed lanes and the car rammed into it from behind and the actor's father, C P Chacko, died on the spot, the officer said. According to visuals on TV channels, the car's front portion was badly damaged in the accident. The channels also showed Chacko receiving treatment at a government hospital in Dharmapuri with his left arm in a sling. The actor was recently in the news after a couple of his female co-stars alleged him to have behaved inappropriately under the influence of drugs. He was arrested, and released on bail, in a drugs case after he allegedly fled from a Kochi hotel here when a District Anti-Narcotic Special Action Force (DANSAF) team carried out a raid there. PTI VGN/HMP HMP ADB
Mr. Rana's daughter-in-law, Sumbul Rana, had contested the Meerapur Assembly by-election as a Samajwadi Party candidate but was defeated by BJP's Mithlesh Pal Former Member of Parliament Kadir Rana was granted bail in two separate cases of alleged violation of the Model Code of Conduct during the Meerapur Assembly by-election, his lawyer said. Mr. Rana appeared before the Special MP/MLA Court in Muzaffarnagar on Wednesday (November 27, 2024) where the presiding officer, Devender Singh Fauzdar, approved his bail plea after he furnished a surety bond of ₹25,000 for each case. Mr. Rana, along ...Read More >
New Delhi, Dec 4 (PTI) "On the face of it you are a corrupt person. Crores of rupees were recovered from your premises," the Supreme Court on Wednesday told former West Bengal minister Partha Chatterjee, held in an alleged cash-for-job scam in the state. A bench of Justices Surya Kant and Ujjal Bhuyan, which reserved its verdict on the bail plea of Chatterjee, questioned the enforcement directorate (ED) over his continued incarceration saying he cannot be kept inside for an indefinite period. "On the face of it you are a corrupt person. Crores of Rupees were recovered from your premises. Wha ...Read More >
Mumbai, Dec 12 (PTI) Malayalam superstar Mohanlal says he will definitely come and work in Hindi movies if filmmakers in Bollywood offer him roles. One of the most influential Malayalam cinema stars, Mohanlal has been part of over 300 films, including all time hits such as "Manichitrathazhu", "Kireedam", "Bharatham", "Drishyam" and "Pulimurugan". "I have done a couple of Hindi films also. But now most of my other films are dubbed into Hindi. When somebody calls me for a role I'll definitely come and work. I don't mind. I don't have a choice. As actors we don't have a choice. Let it come. Let ...Read More >
A statement issued by the Bijapur police said the incident took place in Somnapalli village under Farsegarh Police Station area of the district. According to the statement, the Maoists dragged 35-year-old Kudiyaam Mado out of his house and strangled him to death. Mado was the district vice president of Bharatiya Janata Kisan Morcha -the farmers' unit of the BJP. Police said that they have also recovered a pamphlet issued by the banned CPI (Maoist)'s Bijapur National Park Area Committee, in whic ...Read More >
Bengaluru, Dec 12 (PTI) Rains lashed Bengaluru and parts of the south interior and coastal districts of Karnataka, causing traffic congestion on Thursday, officials said. For the next 24 hours, Bengaluru city and neighbourhood areas are likely to witness a generally cloudy sky with moderate rain likely in some areas, they said. In a statement, the India Meteorological Department (IMD) attributed the weather to a well marked low pressure area over Gulf of Mannar and neighbourhood with the associated upper air cyclonic circulation extending up to midtropospheric levels persists. The system is ...Read More >
Mumbai: The Bombay High Court has raised concern over terminally ill prisoners languishing in Maharashtra's jails and asked the state govt to consider proper implementation of an advisory on grant of medical bail or to place them in house arrest. A division bench of Justices Revati Mohite Dere and Prithviraj Chavan on Monday said they visited the Yerwada central prison in Pune on Sunday and met with prisoners, particularly women inmates, and inspected the condition there. The bench referred to a ...Read More >
Bengaluru, Jan 13 (PTI) The Karnataka High Court has dismissed on Monday an appeal by J Deepak and J Deepa, the legal heirs of late Tamil Nadu Chief Minister J Jayalalithaa, seeking the release of her assets confiscated in a 2004 disproportionate assets case. Jayalalithaa was convicted by a special court in 2014 for amassing wealth disproportionate to her known sources of income during her tenure from 1991 to 1996. Following her conviction, her properties were confiscated by the authorities. Although she was acquitted by the Karnataka High Court in 2015, then congress government in Karnataka ...Read More >
Kottayam (Kerala,), May 27 (PTI) Sister Anupama, who was the face of protests against former Jalandhar Bishop Franco Mulakkal in a rape case, has renounced nunhood and gone back to ordinary life, leaving the Catholic convent. For several years, she had been an inmate of a Kuravilangad-based convent, which is functioning under the Latin Catholic diocese of Jalandhar. A group of nuns, led by Sister Anupama, had fought on behalf of the victim nun who had accused Mulakkal of raping her multiple times. "She renounced nunhood and left the convent some time back," a church source told PTI. Howeve ...Read More >
Muzaffarnagar (UP), Dec 6 (PTI) A teacher who asked other students to slap a Muslim boy in a school here surrendered at a POCSO court and was released on bail, an official said on Friday. Tripta Tyagi was caught last year in a video asking children to slap a boy in a school where she taught. Additional District Judge (POCSO) Alka Bharti on Thursday granted her bail and ordered her to furnish two sureties of Rs 25,000 each. She posted the matter for further hearing on Friday. Kapil Ahlawat, Tyagi's lawyer, told PTI that Tyagi had surrendered in the Special POCSO court on Thursday and sought ...Read More >
Bhubaneswar, Jan 22 (PTI) The police have intensified security to thwart the possible efforts of the Maoists to enter Odisha following an operation that left 14 red rebels dead in neighbouring Chhattisgarh, an official said on Wednesday. The police remained alert in the districts bordering Chhattisgarh as combing operations were underway in Chhattisgarh. "We have put the police and central forces deployed in different districts to remain alert and prevent possible infiltration of Maoists from the neighbouring state," Odisha DGP Y B Khurania said after holding a review meeting. Khurania along ...Read More >
New Delhi, Dec 11 (PTI) A Delhi court has sought a report from police commissioner Sanjay Arora asking why no efforts were made to arrest a man who was serving 10 years in jail in a drugs case but jumped interim bail in 1998 to be held only recently. Additional sessions judge Ekta Gauba Mann was hearing the proceedings regarding a 1994 FIR registered in Jama Masjid Police Station, wherein the investigating officer produced the accused Ashok Kumar Yadav before the court. The court noted the IO's submissions that Yadav was convicted under Section 20 (contravention in relation to cannabis plant ...Read More >
New Delhi [India], December 11 (ANI): Rohini District Court on Wednesday issued a notice to BJP MP Bansuri Swaraj in a civil defamation suit filed by AAP leader Satyendra Jain. Jain has stated that Bansuri Swaraj made defamatory remarks in an interview with a television channel in October 2023. Senior Civil Judge Naina Gupta issued notice to Bansuri Swaraj and others and sought a response to the suit. The next date of hearing is 22 February 2025. Jain has prayed for direction to the TV channel to take down the content in question and restrain her from making further statements. Jain has cla ...Read More >
Bengaluru, Dec 12 (PTI) Ride-hailing app Uber on Thursday launched 'Uber Moto Women,' a first-of-its-kind service in Bengaluru offering women-only bike rides, the company said. In a statement, Uber said that this on-demand two-wheeler service connects female riders with female drivers and is designed to address women's safety and mobility needs while "empowering female drivers with flexible earning opportunities". "Developed based on feedback from women riders and drivers, Uber Moto Women offers a safe, affordable, and convenient commute option for women who prefer to ride with female driver ...Read More >
Hours after Atul Subash's wife Nikita Singhania, her mother Nisha and brother Anurag were arrested for allegedly abetting the suicide, the Bengaluru techie's father, Pawan Kumar Modi has questioned where Atul's four-year-old son is and said the family was worried about him. Modi thanked the police for arresting the woman and her family members. However, he said, "We don't know where she has kept our grandson. Has he been killed or is he alive? We don't know anything about him. I want my grandson ...Read More >
Bihar's infrastructure has seen a 15-fold increase in data consumption over the past five years. Road density is now the third highest in India, electricity generation has increased tenfold, and IT parks and data centers are being developed. Numerous bridges and expanded rail lines are improving connectivity and boosting trade.Bihar has seen a 15-fold jump in data consumption in the last five years as the state goes big on developing infrastructure, investing in connectivity and building rail and ...Read More >
Kochi, Feb 3 (PTI) The opposition Congress-led UDF on Monday intensified its criticism of Union Ministers George Kurian and Suresh Gopi over their recent controversial statements, calling their remarks "immature" and accusing BJP leaders like them of having contempt for Kerala. Addressing reporters here, the Leader of Opposition in the state Assembly, V D Satheesan, strongly criticised the "backward" remark made by Kurian, the Minister of State for Minorities and Fisheries, on Union Budget day, and stated that Kerala has only sought the funds it rightfully deserves from the centre. Taking a ...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 >
Mumbai, Jun 5 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Thursday inaugurated the final 76-km-long stretch of the Samruddhi Mahamarg, making the entire 701-km Mumbai-Nagpur corridor fully functional and bringing down the travel time between the two cities to 8 hours from around 18 hours. Fadnavis described the Mumbai-Nagpur Samruddhi Mahamarg as an "engineering marvel" and said this "economic corridor" would play a vital role in the state's development. Fadnavis said by connecting the expressway with the proposed Vadhvan port, they are planning to develop it as an "economic corrid ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Bengaluru, Dec 3 (PTI) The Karnataka government on Tuesday requested the Drugs Controller General of India (DCGI) to investigate and take necessary action against a West Bengal-based manufacturer, amid concerns that recent maternal deaths in Ballari district, could be linked to substandard Ringer Lactate solution supplied by the company. In a letter, Karnataka Health Principal Secretary Harsh Gupta, drew the attention of the DCGI to the supply of several batches of "Compound Sodium Lactate I P (Ringer's Lactate I P)" by the West Bengal-based pharmaceutical company Paschim Banga Pharmaceutical ...Read More >
Following violence in Sambhal on November 24 related to a mosque survey, authorities plan to publicly display posters of over 400 identified individuals involved. 32 have been arrested so far. The posters will exclude those arrested. The government aims to hold those responsible for property damage accountable. Four people were killed, and many injured during the clash.The Sambhal administration on Thursday said it will put up posters of those involved in the November 24 violence. "We will put up ...Read More >
New Delhi, Dec 13 (PTI) The Supreme Court on Friday granted conditional future bail to former West Bengal minister Partha Chatterjee in a money laundering case related to the cash-for-job scam. A bench of Justices Surya Kant and Ujjal Bhuyan said that Chatterjee shall be released on February 1, 2025 subject to the trial court framing charges before the winter vacation and examination of vulnerable witnesses by the second and third week of January 2025. The top court said upon his release Chatterjee shall not hold any public office but can continue as MLA. The bench said that a suspect canno ...Read More >
Kolkata: On the 13th day of teachers' protest outside Bikash Bhavan, the protesting teachers split among themselves and formed a new platform. At least 2,500 protesters stood by the chief minister, as stated in a press conference by education minister Bratya Basu on Monday. Reacting to a question from media, Basu said in Titagarh, "I will trust those who have written to me expressing their faith in the chief minister."The new organisation formed was named the West Bengal Untainted Teachers Associ ...Read More >
There were no external injuries on the body. New Delhi: A student has been found dead in his hostel room at IIT Delhi. The room was locked from the inside and there were no external injuries on his body.. Officials said they received a call at the Kishangarh police station on Wednesday about a student not opening the door of his hostel room despite repeated knocking. When they reached the premier institute, police officials found that the door was locked from the inside, and it was forced open ...Read More >
Bhubaneswar, Dec 3 (PTI) President Droupadi Murmu on Tuesday arrived in Odisha and unveiled a statue of Santali writer and educator Pandit Raghunath Murmu here. She also visited the Adim Owar Jarpa Jaher, a sacred place for Santals, in Bhubaneswar and offered prayers. The President was accorded a warm welcome at Biju Patnaik International Airport (BPIA), where she landed on a special aircraft of the Indian Air Force (IAF) to commence her five-day visit to Odisha. She was received at the airport by Governor Raghubar Das, Chief Minister Mohan Charan Majhi and other dignitaries. People standi ...Read More >
Chennai, Dec 3 (PTI) Danfoss, a leader in heating, ventilation, air-conditioning and compressors has set a target to progressively ramp up local manufacturing capabilities over the next five years, supporting the Centre's Make in India campaign, the company said on Tuesday. Danfoss India, a subsidiary of Denmark-based Danfoss, earlier this year committed to a Rs 500 crore investment aimed at developing local manufacturing for HVAC (Heating, Ventilation, and Air-conditioning), and refrigeration compressors and controls. As the country's heating, ventilation, air-conditioning, and refrigeratio ...Read More >
Kolkata, Dec 4 (PTI) A five-member delegation of monks went to the Bangladesh Deputy High Commission here on Wednesday to submit a memorandum demanding immediate steps to stop atrocities on Hindus and other religious minorities in the neighbouring country. Kartik Maharaj, one of the members of the delegation, said they had also written to Prime Minister Narendra Modi, urging him to take legal recourse to ensure the safety and security of minorities in Bangladesh. "Bigger protests will be organised in West Bengal if appropriate steps are not taken to ensure protection of the minorities in Ban ...Read More >
New Delhi, Dec 13 (PTI) The Supreme Court on Friday granted conditional future bail to former West Bengal minister Partha Chatterjee in a money laundering case related to the cash-for-job scam. A bench of Justices Surya Kant and Ujjal Bhuyan said that Chatterjee shall be released on February 1, 2025 subject to the trial court framing charges before the winter vacation and examination of vulnerable witnesses by the second and third week of January 2025. Also Read | Atul Subhash Suicide Case: Wife Nikita Singhania Absconds, Karnataka Police Arrest Her Mother, Brother From Uttar Pradesh's Jaunp ...Read More >
HYDERABAD: The Hyderabad police have issued a notice to BRS MLA Padi Kaushik Reddy, directing him to appear at 10 am on December 27 at the Masab Tank police station for questioning. The MLA is accused of abusing Banjara Hills Station House Officer (SHO) KM Raghavendra and obstructing him from carrying out his official duties. A police officer told TNIE that at the time of granting the MLA bail in the case, the Nampally court had directed him to cooperate with the police. "Based on the court directions, we have asked him to appear for further questioning. The case is being investigated by Masa ...Read More >
Dwarakapudi (Andhra Pradesh), May 18 (PTI) Four children died of suffocation after being trapped inside a parked car in Vizianagaram district, police said on Monday. The children, who were playing outside the house, entered the parked vehicle at around noon on Sunday. "They were unable to exit as the doors of the unlocked car automatically locked after entry," police added. "We believe the car's auto-lock system engaged once the kids got in, trapping them," a police official told PTI, adding that the bodies were discovered six hours later, post-6 pm on Sunday. A case has been registered und ...Read More >