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: Teachers' associations have opposed a govt resolution on appointing teachers for sports and arts on a clock-hour basis for classes VI to VIII in schools run by local bodies. Mahendra Ganpule, the spokesperson of Maharashtra School Principals' Federation, said the remuneration of Rs 150 per hour is too low for a teaching job, and all appointments must be made on a regular basis to ensure quality and continuity in govt schools."This policy is unfair for unemployed, qualified, and trained teacher candidates in the state and this will undermine the quality of education. According to this policy, teachers will be paid only Rs 150 per hour but they will have a workload of 48 hours per week, equal to full-time teachers, but the remuneration that they will get is only Rs 12,000 per month. Not only are the unemployed teachers being cheated, but the recruitment process is also unclear and opaque. We demand that the govt revoke this GR and recruit teachers on a regular basis through the 'Pavitra Portal'," he said.The GR, issued on June 5, talks about appointment of teachers temporarily for every 100 students. However, Nitin Memane, a ZP teacher, pointed out that there are hardly any school in rural and remote areas in the state that fulfils this criteria. "I teach in Bhor taluka, where there would be 100 schools having classes VI to VIII, but none with a strength of 100 students. Purandar and Velhe taluka also share a similar fate. Baramati, which is the most developed taluka, hardly has any school run by a local body having 100 students in classes VI to VIII. If the govt really wants rural students to benefit from extracurricular activities, they must appoint teachers on a full-time basis without considering student strength or at least a lowered strength."Sunil Borole, secretary of Arts Teachers' Association, said they have been fighting for permanent positions for a long time but to no avail. "According to the rules, a D.Ed teacher can teach all subjects in primary classes. But arts is not like any other subject. You require skills for it. If the students don't know the basics, how will they develop the skill? If there are no jobs, why would students take up a course in college? The same goes for sports education. We need sports teachers. How can we talk about winning medals in sports for India when we don't have sports teachers to nurture the talent?" he said.
New Delhi: The Supreme Court on Tuesday said the Karnataka government and the Centre should resolve the issue in connection with the release of financial assistance from the National Disaster Response Fund (NDRF) to the state for drought management. The matter came up before a bench comprising justices B R Gavai and K V Viswanathan. Attorney General R Venkataramani, appearing for the Centre, requested the bench that he needed some time to file an affidavit in the matter. "You should resolve it," the bench said. During the hearing, the bench queried, how much amount has been released so far? ...Read More >
SRINAGAR, Jun 27: The Jammu and Kashmir Anti-Corruption Bureau (ACB) on Friday filed a chargesheet before the Court of Additional Judge Anti-Corruption, Kashmir, against two persons in a bribery case involving a ₹9,000 demand for land record processing. "Jammu and Kashmir Anti Corruption Bureau has filed a charge- sheet under Section 173 Cr.P.C. before the Hon'ble Court of Addl. Judge Anti-Corruption, Kashmir in Case FIR No. 15/2022, against the following accused persons: Jamil Hussain Khan, then Patwari Halqa Baghat-e-shoor, Owanta Bhawan, Soura, Tehsil Eidgah - Charged under Section 7 of th ...Read More >
NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >
Kolkata: A two-member National Commission for Women team on Sunday visited the south Kolkata law college where a student was allegedly gang-raped last week.The team, accompanied by a videographer, was initially denied entry and asked to produce a formal order. After an hour-long discussion at the college entrance, the team, led by Archana Majumdar, was allowed in under two conditions -- no access to the crime scene and no videography permitted.The visit lasted 10 minutes. "We were denied access to the crime scene and other floors. I will include this in my report," said Majumdar, who was the f ...Read More >
Jammu, June 30: Anti-Corruption Bureau has trapped and arrested Liaquat Ali, Patwari, Halqa Thuthay Chak, Hiranagar, District Kathua, for demanding and accepting bribe of Rs 30,000. Officials revealed that ACB received a complaint alleging therein that a public servant namely Liaquat Ali, Patwari, Patwar Halqa Thuthay Chak Tehsil Hiranagar, District Kathua, demanded illegal gratification from the complainant for attestation of mutation. The accused had demanded a bribe of ₹1,00,000 from the complainant for entering the name of his wife in the mutation register. After negotiation, the accused ...Read More >
Mumbai, Jul 2 (PTI) Opposition in the Maharashtra legislative assembly twice staged a walk-out on Wednesday over the issues of farmer suicides and non-payment to soybean cultivators whose crop was procured by government agencies. More than 700 farmers have ended their lives in the state in the first three months of this year, claimed Congress leader Vijay Wadettiwar as he moved an adjournment motion seeking a discussion on the issue. Speaking on the notice for adjournment, he questioned the BJP-led government's priorities, citing the sanctioning of Rs 20,000 crore for the Shaktipeeth express ...Read More >
Bengaluru (Karnataka) [India], June 26 (ANI): Karnataka Deputy Chief Minister DK Shivakumar announced on Thursday that the meeting on the Hemavathi link canal, originally scheduled for June 30, has been postponed to July 4-5, following a request from Union Minister V Somanna. Speaking to reporters at his Sadashivanagar residence here, Shivakumar said, 'We have postponed the meeting as Somanna is also the MP from the district. The officials have been instructed accordingly.' The Deputy CM also addressed the postponement of a meeting with Yettinahole project contractors in Tumakuru, attributin ...Read More >
Godhra, Jun 28 (PTI) Union Home Minister Amit Shah on Saturday called for the youth to resolve towards making India a world leader in every sphere by 2047, when it celebrates the centenary of its Independence. He also recalled the contributions of tribal leader Govind Guru in India's freedom struggle, saying he awakened the conscience of the people from the region during the British rule. Shah was addressing via video link a programme where development works worth Rs 125 crore for Shri Govind Guru University at Vinzol near Godhra in Gujarat's Panchmahal district were launched. Describing Go ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
JAMMU: Anti-Corruption Bureau (ACB) on Monday trapped and arrested a Patwari of Halqa Thuthay Chak, Hiranagar, Kathua for demanding and accepting a bribe of Rs 30,000. "Anti-Corruption Bureau received a complaint alleging therein that public servant namely Liaquat Ali, Patwari, Patwar Halqa Thuthay Chak, Tehsil Hiranagar, District Kathua, demanded illegal gratification from the complainant for attestation of mutation. The accused had demanded a bribe of Rs 1,00,000 from the complainant for entering the name of his wife in the mutation register. After negotiation, the accused has agreed to tak ...Read More >
Gadwal: In a significant step towards uplifting the underprivileged and fulfilling the promises of the Telangana State Government, local MLA Bandla Krishna Mohan Reddy presided over the distribution of Indiramma Housing Scheme proceedings to eligible beneficiaries of Gadwal Mandal. The event was held today at the MLA Camp Office in Gadwal district headquarters. The Telangana government, under the leadership of Chief Minister Revanth Reddy, has been actively implementing welfare schemes across all sections of society. Special emphasis has been placed on women's empowerment, free electricity, g ...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 >
Katra: Prime Minister Narendra Modi visited Jammu and Kashmir on Friday to inaugurate multiple rail projects, including the world's highest Chenab Rail Bridge, the Anji Khad Bridge, and the Katra-Srinagar Vande Bharat Express, as part of the Udhampur-Srinagar-Baramulla Rail Link. These railway projects directly connect Jammu and Kashmir to the rest of the country. The Udhampur-Srinagar-Baramulla Rail Link is an all-weather railway corridor designed to provide seamless connectivity to the region through the rail network. During his visit, PM Modi reviewed the Chenab bridge, world's highest ra ...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 >
VIJAYAWADA: The State government on Friday accorded approvals to a slew of industries. Among those are Krishnapatnam Power Corporation Limited (KPCL), which is set to establish a 350 MW Solar and Battery Energy Storage System (BESS) in Thamminapatnam and Mommidi villages of SPSR Nellore district with a Rs 1,225 crore investment, creating 575 jobs. Furthermore, the government also waived off a Rs 54 crore extension of time fee, contingent on project completion within two years as per the Andhra Pradesh Integrated Clean Energy Policy-2024. The government also allocated 22.80 acres at MPSEZ in N ...Read More >
Bengaluru: The Congress-led government in Karnataka has decided to name the Bangalore City University after late former Prime Minister Manmohan Singh. Chief Minister Siddaramaiah made the announcement in this regard in the media briefing after the special Cabinet meeting held at Nandi Hills. A proposal to rename the Bangalore City University as "Dr. Manmohan Singh Bengaluru City University" has been approved, CM Siddaramaiah announced. Bengaluru Rural district will now be renamed as "Bengaluru North District", and Bagepalli town will be renamed "Bhagyanagara", he declared. A Cabinet sub-com ...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 >
Bhopal, June 5 (SocialNews.XYZ) Madhya Pradesh Chief Minister Dr Mohan Yadav, while expressing profound grief over the death of seven persons in Rewa, has announced a financial support of Rs 2 lakh each to the family of the deceased. He has also announced financial support of Rs 50,000 to each of the injured persons in the accident. He announced the support through his X handle, "Tragedy struck near Sohagi village in Rewa district when a truck carrying cement pillars overturned onto an auto carrying devotees from Nai Garhi, Mauganj district. The group had been returning from Prayagraj after ...Read More >
New Delhi: In a joint operation, the Israel Defense Forces (IDF) and the Israel Security Agency (ISA) have eliminated As'ad Abu Sharaiya, a senior leader of the Mujahideen terrorist organization in Gaza, and another terrorist, Mahmoud Muhammad Hamid Kuhail. According to the IDF, Abu Sharaiya was directly involved in the October 7, 2023, massacre, infiltrating Kibbutz Nir Oz, and was responsible for the abduction and murder of several Israeli citizens, including Shiri, Ariel, Kfir Bibas, and Nattapong Pinta. He also played a role in recruiting operatives for terror attacks against Israel and I ...Read More >
Nagpur: In a significant breakthrough, Gadchiroli police and the Central Reserve Police Force (CRPF) arrested a hardcore Maoist, Ankal alias Mannu Sulge Pallo, deputy commander of the Korchi Dalam, on Friday from Kawande jungle, near Maharashtra's last police post. He had a reward of Rs six lakh on his head. This post gained prominence after the visit of chief minister Devendra Fadnavis last month. The 28-year-old Maoist, a resident of Kawande in Bharmaragad tehsil, was nabbed while conducting reconnaissance to orchestrate subversive activities in the region.Sulge, who was underground since 20 ...Read More >
HYDERABAD: Union Home Minister Amit Shah on Sunday ruled out any talks with Maoists and said the cadre of the proscribed outfit should give up arms, surrender before police, and join the mainstream. Addressing a rally after inaugurating the National Headquarters of the Turmeric Board in Nizamabad in Telangana, Shah also said Congress leader Rahul Gandhi, who is still raising questions on Operation Sindoor, should see the weak appearance of Pakistan to understand the effectiveness of the Operation. "Congress asks (the Centre) to hold discussions with these people (Maoists). Our government's p ...Read More >
Chandigarh, Jul 1 (PTI) The Punjab Vigilance Bureau on Tuesday arrested a head constable while accepting a bribe of Rs 1 lakh, officials said. The head constable, Raj Kumar, was posted as personal security officer (PSO) with Bhucho DSP in Bathinda district, they said. An official spokesperson said Raj Kumar has been arrested following a complaint filed by a resident of Kalyan Sukha village in Nathana tehsil. The complainant approached the Bureau alleging that due to a dispute over agricultural land, the other group got registered a false case against her husband and both her sons at police ...Read More >
Raipur, June 7 (SocialNews.XYZ) Two Maoists were reportedly neutralised on Saturday in the ongoing anti-Naxal operation in Bijapur's Indravati National Park, which has entered its third day, with security forces intensifying their efforts against insurgents in the dense forest region. However, official confirmation of their identity is awaited. Automatic weapons were recovered from the slain militants, further underscoring the intensity of the battle, sources said. In the past two days, security forces successfully eliminated Sudhakar, a Central Committee Member of the CPI (Maoist), who carr ...Read More >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >
Bengaluru: In a major financial push to address the drinking water crisis in Bayaluseeme (arid region), the state cabinet Wednesday approved an additional Rs 1,900 crore for the ongoing Yettinahole project, which aims to help parched districts including Bengaluru Rural, Chikkaballapur and Kolar.Chief minister Siddaramaiah, who chaired the cabinet meeting, said the govt had asked the finance department to place the proposal for approval."The project cost was revised to Rs 23,251 crore, and Rs 17,147 crore was spent. There is Rs 6,103 crore to be spent on the project. However, the govt has learn ...Read More >
Madurai: Union Home Minister Amit Shah on Sunday asserted that the NDA would form governments in Tamil Nadu and West Bengal. Addressing party office bearers, he hailed Madurai as a city of 'Parivartan' and said his party's Karyakarta Sammelan (workers meet) would lead to change as well, of dislodging the DMK from power. The DMK's corrupt rule has affected the poor, women and children in Tamil Nadu, Shah alleged, and urged his party members to resolve to dislodge the Stalin-led Dravidian party government from the seat of power. At least two classrooms in each school across Tamil Nadu could h ...Read More >
Rajasthan Anti-Corruption Bureau (ACB) found ₹9.35 lakhs cash in Jhalawar Additional Superintendent of Police (ASP) Jagram Meena's vehicle at Shivdaspura Toll, Jaipur. A statement by the Rajasthan ACB said that on the orders of the Rajasthan ACB Headquarters, a vehicle of Jhalawar Additional SP Jagram Meena was checked by the ACB team at Shivdaspura Toll. ₹9.35 Lakhs were found in his vehicle in the surprise check. More details are awaited in the case. Meanwhile, according to a press release by the Rajasthan ACB, in Sawai Madhopur, Senior Assistant of the Tehsil Office, Gangapur City, Jai S ...Read More >
Gadchiroli (Maharashtra) [India] June 28 (ANI): In a major breakthrough in the ongoing anti-Naxal operations, Gadchiroli Police, in collaboration with the Central Reserve Police Force (CRPF), arrested a most-wanted Maoist commander during a joint operation on 27 June 2025, said an official statement. The arrested individual, Ankal alias Mannu Sulge Pallo, was carrying a bounty of Rs 6 lakh announced by the Maharashtra government. Also Read | Kolkata Rape Case: BJP Forms Fact-Finding Team To Probe Gang-Rape Case of Law Student, West Bengal Education Minister Seeks Report From Authorities. Ac ...Read More >
NEW DELHI: The Enforcement Directorate (ED) on Thursday announced the provisional attachment of assets worth approximately ₹131.45 crore in Spain, including a luxury yacht and immovable properties, under the Prevention of Money Laundering Act (PMLA). These assets belong to Pavel Prozorov, a Spanish national and the alleged mastermind behind the unauthorised forex trading platform OctaFX. The attached assets comprise a commercial Italian-model luxury yacht cruising in the Western Mediterranean, a minijet boat, a luxury car, and two residential properties in Spain. The ED's probe was launched ...Read More >