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.
New Delhi: Delhi High Court has ordered status quo on a proposed demolition by DDA of a property in Batla House after a woman challenged the decision, arguing that she had lived there for 25 years.The woman, Ishrat Jahan, was served a demolition notice by DDA, which claimed illegal construction on the premises and gave her 15 days to comply. A vacation bench of Justice Harish Vaidyanathan Shankar has ordered status quo and scheduled the next hearing for July 10. The counsel for DDA said the agency would place on record the survey report and the proposed action based on the demarcation report relating to Batla House, including the petitioner's property. The counsel for Delhi govt assured the court that the demarcation report would be filed in three weeks. The woman has contended that the property "is squarely covered under the PM-UDAY Scheme." DDA has said the property was not under the scheme that grants property ownership to those living in unauthorised colonies.In its May 7 order, the top court said, "Direct DDA to take action of demolition in accordance with law in respect of the unauthorised structures of area of 2 bigha 10 biswa." TNN
The Delhi High Court has once again pulled up the Delhi government and the Centre over the delay in any decision on regularisation of Sainik Farms in South Delhi. During a hearing on Wednesday, a bench of Chief Justice D K Upadhyaya and Justice Tushar Rao Gedela observed the authorities were not taking any final decision on the issue and just "passing the buck", which ultimately "stops at the court". "The basic question remains as to what the central government in consultation with the state go ...Read More >
New Delhi [India] June 6 (ANI): The Delhi High Court has granted an interim order of status quo on a property in Batla House, Okhla, that was facing demolition. The property belongs to Ishrat Jahan, a widow who has lived in the area for over 25 years. The Delhi Development Authority (DDA) issued a notice on May 26, proposing the demolition of various properties in the area, including Jahan's. Justice Harish Vaidyanathan Shankar passed the order for status quo till the next date, listing the matter before the roster bench on July 10, where Jahan's petition challenging the demolition notice wi ...Read More >
New Delhi: Delhi High Court on Wednesday criticised municipal bodies for showing "complete apathy and insensitivity" in maintaining public toilets in the capital."We are staking claim to host the Olympics, and we don't even have clean public toilets in the city," a bench of Chief Justice DK Upadhyaya and Tushar Rao Gedela remarked, terming the status of public conveniences "hurting and unfortunate". It noted that "municipal authorities and development bodies like MCD, DDA and NDMC have exhibited complete apathy, insensitivity and even dereliction of duty as far as the maintenance of public con ...Read More >
NEW DELHI: The Delhi high court on Thursday dismissed Bollywood actor Jacqueline Fernandez's petition seeking to quash the money laundering case filed against her by the Enforcement Directorate (ED) in connection with alleged gifts received from conman Sukesh Chandrashekhar. Chandrasekhar and his wife Leena Paulose were arrested and are also accused under the MCOCA.The court, after hearing arguments from both sides, declined to interfere in the ongoing trial proceedings. Justice Anish Dayal pronounced the order, while the detailed judgment will be uploaded in due course.Jacqueline Fernandez ha ...Read More >
NEW DELHI: Residents of Signature View Apartments in Mukherjee Nagar have begun moving out after the Delhi Development Authority (DDA) rolled out a rent assistance scheme for those vacating the unsafe housing complex. The move comes months after the Delhi High Court ordered the demolition of the apartments, calling their condition life-threatening. Under the scheme, families from three-bedroom flats are being given Rs 50,000 per month, while those in two-bedroom units are receiving Rs 38,000, according to the Resident Welfare Association (RWA). RWA president Amrendra Rakesh Singh said nearly ...Read More >
New Delhi [India], December 3 (ANI): The Delhi High Court has issued a notice in response to a Public Interest Litigation (PIL) challenging the alleged unlawful construction of Urban Extension Road II through the village pond land in Goyla Khurd, located in the Southwest District of Delhi. The construction, which took place between 2018 and 2024, is visible in Google satellite images and raises concerns about the loss of natural resources crucial for environmental sustainability, especially as the city grapples with pollution, heatwaves, groundwater depletion, and climate change, plea stated ...Read More >
Nagpur: Warrior king Chhatrapati Shivaji Maharaj belonged to the entire country, but British history tried to confine him as a regional icon, said BJP leader and Rajya Sabha MP Sudhanshu Trivedi, who was in Nagpur on Friday to attend an event marking the 351st anniversary of Shivaji Maharaj's coronation. Trivedi told TOI at the event organized by Shivaji Maharaj Kruti Samiti that Shivaji Maharaj's contribution in 'safeguarding' the southern part of India from Mughal invasion must not be forgotten.Trivedi said, "Shivaji Maharaj belonged to all of us, entire country. Unfortunately, the British p ...Read More >
New Delhi, The Delhi High Court on Monday dismissed a public interest litigation , which challenged a 1980 Waqf notification and alleged that three mosques in Jahangirpuri area were illegal encroachment on public land. A bench of Chief Justice D K Upadhyaya and Justice Tejas Karia observed that the PIL by the NGO Save India Foundation was not filed with "bonafide motive or in public interest". "We are not inclined to entertain the instant petition, which is hereby dismissed along with pending a ...Read More >
New Delhi, June 8: The Delhi High Court has held that encroachers cannot claim a right to continue occupying public land till their rehabilitation claims are not resolved, as this would unduly impede public projects. The high court made the observation while granting liberty to the DDA to proceed with the demolition action at Bhoomiheen Camp in South Delhi's Kalkaji in accordance with law. Justice Dharmesh Sharma said the writ petitions were not only flawed due to the misjoinder of multiple parties with multiple causes of action, but also failed to meet the essential threshold provided by the ...Read More >
New Delhi: The Delhi government will soon begin clearing pending electric vehicle (EV) subsidy dues amounting to about ₹140 crore, officials said on Monday as per PTI. Transport Minister Pankaj Singh confirmed that the department will verify all subsidy applications to resolve the backlog, which has piled up over the past two years. "The process of identifying eligible beneficiaries has already started," an official said. A dedicated portal for clearing dues is also being prepared. The development follows a September 3 Delhi High Court directive asking the government to take immediate steps ...Read More >
Lucknow: Senior Samajwadi Party leader and former minister Gayatri Prajapati was attacked by a fellow inmate inside Lucknow Jail on Tuesday. The scuffle took place within the jail premises, after which prison authorities launched an internal inquiry. According to a statement issued by Dr Ramdhani, DIG Prisons, Lucknow Range, the incident occurred after Prajapati allegedly used abusive language towards another inmate, Vishwas Rajput. In response, Vishwas attacked Prajapati using a sharp object inside the cell. DIG Prisons clarified that the incident was not premeditated and dismissed any spec ...Read More >
New Delhi [India], July 2 (ANI): The Delhi High Court on Wednesday strongly criticised the city's civic authorities for neglecting the upkeep of public toilets, describing their actions as apathetic and negligent. The court was hearing a petition highlighting the unsanitary and unhygienic conditions of public conveniences across Delhi, particularly impacting the dignity and safety of women. A division bench of Justice Devendra Kumar Upadhyay and Justice Tushar Rao Gedela said the fresh photographs submitted by the petitioner showed unacceptable conditions, noting that similar situations like ...Read More >
NEW DELHI: The Delhi high court on Tuesday reserved its order on the bail pleas of activists Sharjeel Imam and Umar Khalid in connection with a UAPA case linked to the alleged conspiracy behind the February 2020 Delhi riots.A bench of Justices Navin Chawla and Shalinder Kaur reserved its verdict after hearing arguments from both the prosecution and defence. The bail pleas have been pending since 2022 and were heard by different benches over time.Both Imam and Khalid are accused of being part of a larger conspiracy that led to the communal violence in Northeast Delhi, which resulted in over 50 ...Read More >
New Delhi, Aug 3 (PTI) The government has notified a new framework for the edible oil industry, imposing stricter registration and reporting requirements on producers to enhance transparency and oversight, according to an official release. The 2025 Vegetable Oil Products, Production and Availability (VOPPA) Regulation Order, notified on August 1 by the Ministry of Consumer Affairs, Food and Public Distribution, amends the Vegetable Oil Products Production and Availability (Regulation) Order, 2011, under Section 3 of the Essential Commodities Act, 1955. Under the new framework, producers will ...Read More >
New Delhi: In a setback to Bollywood actor Jacqueline Fernandez, Delhi High Court on Thursday dismissed her plea to end criminal proceedings in a Rs 200-crore money laundering case involving Sukesh Chandrasekhar, currently imprisoned for fraud.Justice Anish Dayal dismissed the plea that also sought to quash the chargesheet by the Enforcement Directorate and proceedings pending before the special court under the stringent Prevention of Money Laundering Act (PMLA) against her and others.A copy of the detailed judgment is awaited.Fernandez had challenged ED's case against her over allegations she ...Read More >
New Delhi: Delhi Development Authority (DDA) will soon launch a premium housing scheme for 2025, offering 177 residential HIG, MIG, and LIG flats and garages across the city. The flats will be offered through e-auction at Vasant Kunj, Dwarka, Rohini, Pitampura, Jasola, Ashoka Pahari, and other areas."The authority, in a meeting chaired by lieutenant governor VK Saxena, approved the DDA Premium Housing Scheme, 2025," a DDA official said. The e-auction, apart from the flats, will be done for 67 car or scooter garages, the official added.The authority took two significant decisions. One was to re ...Read More >
Kolkata, Sep 16 (PTI) Economist and former CPI(M) leader Prasenjit Bose joined the Congress during a programme in the metropolis, and asserted that he would support the party in its fight to "save the Constitution". Bose (51) became a part of the Congress at a formal joining ceremony here on Monday in the presence of party leaders Ghulam Ahmad Mir, Syed Naseer Hussain and Kanhaiya Kumar, besides state unit president Subhankar Sarkar. "We have to protect the Constitution, establish a government that is non-communal. Only the Congress can do that. I have joined the Congress to be part of its fi ...Read More >
New Delhi, June 2 (SocialNews.XYZ) Tensions have escalated in Southeast Delhi's Batla House area after several homes and commercial establishments were marked with red Xs, an ominous sign that locals say has historically preceded demolition drives, by the Delhi Development Authority (DDA) and the Uttar Pradesh Irrigation Department, leaving hundreds of residents in fear of sudden eviction. According to the DDA, the action stems from a Supreme Court directive ordering the clearance of encroachments on public land. However, many residents allege that due process was not followed. They claim the ...Read More >
New Delhi: Delhi govt has decided to set up a single-window system at the district level to handle all permissions and no-objection certificates required for holding Ramlila performances across the city. It has also decided to constitute a special committee to resolve any issue regarding the organisation of the events and ensure that the committees do not face any problem in seeking approvals.The decisions were made at a special meeting held at Raj Niwas under the chairmanship of lieutenant governor Vinay Kumar Saxena. Chief minister Rekha Gupta, office bearers of Delhi Ramlila Federation and ...Read More >
Bhopal, June 6 (SocialNews.XYZ) To speed up its promotion on solar energy further, the Madhya Pradesh government will organise 'Suryamitra Agriculture Feeder Scheme Summit' in Bhopal on June 10, said an official on Friday. Based on the 'vocal for local' vision, the summit will be organised at Kushabhau Thakre convention center aimed at providing developers and stakeholders with detailed information about the bidding process, financial structuring, and technical specifications. "The state is consistently promoting solar energy by commissioning one plant after another, steadily increasing the ...Read More >
NEW DELHI: The Centre is preparing to initiate the process for removing Justice Yashwant Varma of the Allahabad high court, with plans underway to begin collecting signatures of Members of Parliament (MPs) in the coming days, Union Minister Kiren Rijiju told reporters on Thursday, according to PTI. Prominent opposition parties have reportedly given their in-principle approval to support the move, signalling rare bipartisan agreement on the matter."We are yet to decide whether the motion will be brought in the Lok Sabha or the Rajya Sabha," Rijiju said, noting that the requisite number of signa ...Read More >
Authorities believe this is part of a larger cybercrime racket and are proving all angles. Bengaluru: A major cyber fraud case has been reported in Bengaluru, where a woman was allegedly cheated of over Rs 3.75 crore after being lured by an AI YouTube video that showed spiritual leader Sadhguru endorsing a trading platform. The woman, a resident of CV Raman Nagar, claimed to be unaware of deepfake technology and fell for the AI-generated video of Sadhguru while she was scrolling through Youtub ...Read More >
Ramdev. NEW DELHI: The Delhi high court on Thursday stopped Patanjali from publishing or broadcasting advertisements that allegedly criticise Dabur Chyawanprash.Justice Mini Pushkarna passed the order while hearing interim applications filed by Dabur. The court will take up the matter again on July 14.The issue began after Patanjali aired an advertisement featuring its founder, Swami Ramdev, Bar & Bench reported. In the ad, he is seen questioning the authenticity of other Chyawanprash products available in the market.The advertisement says: "Jinko Ayurved aur Vedo ka gyaan nahi, Charak, Sushru ...Read More >
NEW DELHI: The Resident Welfare Association (RWA) of Signature View Apartments in Mukherjee Nagar on Thursday said that the Delhi Development Authority (DDA) has assured them that rent compensation for all residents will be cleared by the end of this month. The DDA had issued an e-tender in March to demolish Signature View Apartments, which comprises 336-flat complex, and declared it structurally unsafe. Built in the mid-2000s as part of a DDA housing scheme, the apartments developed severe stru ...Read More >
VISAKHAPATNAM: The depression over northwest and adjoining west-central Bay of Bengal and north Andhra Pradesh - south Odisha coasts moved north-north-westwards and crossed South Odisha coast close to Gopalpur during early morning of Tuesday and lay cantered over south coastal Odisha. Weatherman said it was likely to move north-westwards across south Odisha and south Chhattisgarh and weaken into a well-marked low-pressure area during next few hours. Under its influence, thunderstorms accompanied by lightning, are likely over north and south coastal Andhra Pradesh, Yanam and Rayalaseema. Stro ...Read More >
New Delhi, Oct 10 (PTI) The Supreme Court on Friday refused to entertain a plea challenging a Delhi High Court order, which said there shall be no stay on demolition of the Signature View Apartments in Mukherjee Nagar in the national capital. The plea, which came up for hearing before a bench of Justices Sanjay Kumar and Alok Aradhe, sought a stay on the interim order passed by a division bench of the high court on September 17. The Signature View Apartments is part of a multi-storey housing scheme of 2010 launched by the Delhi Development Authority (DDA). It comprises 336 flats -- 224 part ...Read More >
NEW DELHI: The Delhi high court on Monday summoned Congress leader Shashi Tharoor in response to a defamation lawsuit filed by BJP leader Rajeev Chandrasekhar. Justice Purushaindra Kumar Kaurav scheduled the next hearing for April 28. The court instructed that the complaint be treated as a formal suit and directed summons to be issued to Tharoor. The matter will be listed before the joint registrar on the scheduled date. In his suit, Chandrasekhar accused Tharoor of making false and damaging statements at various public events in April 2024, which harmed his professional and personal reput ...Read More >
Chennai, August 1: Actor, music director and producer G V Prakash Kumar, who has won the National Award for Best Music Direction (Songs) for the Tamil, Telugu bilingual film Vaathi, has called the honour "a blessing for the second time". Taking to his X timeline soon after the 71st National Awards were announced, G V Prakash expressed his gratitude to the jury and the selection committee of the National Awards and the entire team of Vaathi. G V Prakash wrote, "A blessing for the second time. I'm truly overwhelmed and deeply grateful to receive the 71st National Film Award for Best Music Direc ...Read More >