The Business Guardian - March 17, 2023

In this issue

March 17, 2023

'Looking forward to rich discussion,' MEA Bagchi

India is looking forward to a “rich discussion” with Japanese Prime Minister Fumio Kishida, who is set to arrive next week for a two-day visit, Ministry of External Affairs official spokesperson Arindam Bagchi said in a press briefing on Thursday.

1 min

US blocked imports due to Uyghur forced labour

The US Customs and Border Patrol has blocked nearly USD 500 million worth of imports from entering American ports this year as it was made “wholly or in part” by Uyghur forced labour, the US agency’s acting head made the announcement in an event in Washington on Tuesday, Radio Free Asia reported.

1 min

DOMESTIC MARKETS CONTINUE LOSSES

The issue triggered by the bankrupt SVB still loomed large as financial institutions scrambled & go on damage control

2 mins

Rajesh Gopinathan resigns as CEO & MD of TCS

In a surprise development, India’s largest IT services firm Tata Consultancy Services (TCS) announced that MD and CEO Rajesh Gopinathan has decided to step down from the company to pursue his other interests. Gopinathan has been with TCS for over 22 years.

1 min

Global environment dull, India to grow at 6%

The global environment has become “gloomier” due to high inflation, rate hikes, and geopolitical events.

1 min

CNG prices rise 38%, LPG cylinder gets 22% costlier

The price of CNG has shot up by nearly 38 per cent while the price of an LPG cylinder increased by about 22 per cent in Delhi during the period of last one year.

1 min

Adapt mission mode to make Odisha top fish mkt

As many as 115 newly recruited assistant Fisheries officers joined the State Fisheries and Animal Resources Development department, as per an official release.

1 min

AYUSH MIN, MRD SIGN MOU TO EMPOWER YOUTH

Sonowal welcomed Giriraj Singh and both the ministries will collaborate in boosting the spirit of self-employment

2 mins

Data hegemony is Google's 'castle and moat' strategy

Fair trade regulator CCI on Thursday alleged that Google has created a digital data hegemony and called for a market space with “free, fair and open competition”.

1 min

Petronas offers $460 mn stake in NTPC's green arm

Malaysia’s Petronas has offered 38 billion rupees ($460 million) to buy a 20 per cent stake in the green energy arm of India’s largest power producer, NTPC, in the first deal of its kind by a state-run firm, three sources told Reuters.

1 min

CREDIT SUISSE TO BORROW $53.7 BN FROM SWISS BANK

The bank also said it would repurchase $3bn senior debt whose value has plunged along with the perceived health of banks

2 mins

EDUCATION IN DECLENSION IN PAK-OCCUPIED KASHMIR

According to a newspaper PM's worry is mistrust of the calibre of varsities while the educational standards in PoK are shockingly low

2 mins

One more corruption case against Manish Sisodia

According to the CBI, no cabinet note was moved and no approval was obtained from Najeeb Jung, who was the Lieutenant Governor of Delhi

2 mins

Jammu And Kashmir High Court: Insurance Company Not Liable To Unauthorised Passengers Travelling In Offending Vehicle, Pay And Recover Principle Not Applicable

The Jammu and Kashmir and Ladakh High Court in the case National Insurance Co. ltd.Vs Mursa Begum and ors observed that once it is being shown that deceased or injured persons were traveling as unauthorised passengers in an offending vehicle and their risk is not covered under the terms insurance policy, thus, the insurer cannot be saddled with the liability to compensate them and even the principle of ‘Pay and Recover’ will not be attracted.

2 mins

Kovind confers Lokmat Parliamentary Awards on 8 MPs for their outstanding contribution to parliamentary democracy

India only nation to grant universal franchise from beginning: Kovind

5 mins

Allahabad High Court: Bail Granted To Siddique Kappan Co-Accused Atiq-Ur-Rehman In Hathras Conspiracy Case

The Allahabad High Court in the case Atikur Rehman vs. State of UP observed and has granted bail to the accused Atikur Rehman (also spelled as Atiq-UrRehman) in the ‘Hathras Conspiracy’ case, who was being arrested in October 2020 along with journalist Siddique Kappan and two others on their way to Hathras to meet the family members of a gang rape and the murder victim.

1 min

CENTRE WRITES TO 6 STATES TO CONTAIN COVID AS CASES RISE

The Union Health Secretary wrote to 6 states asking them to stress on testing, tracking and vaccination

1 min

VS Naipaul's biographer Patrick French no more

Patrick French, the biographer of Sir Vidia Naipaul and Francis Younghusband, and Dean of the School of Art and Sciences at Ahmedabad University, passed away on Thursday in London, leaving behind his wife Meru Gokhale and four children. He was 57 and suffering from cancer.

2 mins

CDS inaugurates 2-day DRDO workshop

Chief of Defence Staff General Anil Chauhan on Wednesday inaugurated a two-day workshop on ‘Human Factors Engineering in Military Platforms’ in New Delhi, stated an official release.

1 min

Want globalisation of local goods: Sikkim CM

As Sikkim initiated G20 events in the state on Thursday, Chief Minister Prem Singh Golay laid thrust on the globalisation of local-made goods instead of localisation of global items.

1 min

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The Business Guardian Newspaper Description:

The Business Guardian is a monthly business magazine published in India. It was launched in 2005 and is one of the most popular business magazines in the country. The magazine is known for its in-depth coverage of the Indian economy, as well as its insights from leading experts in the field. It covers a wide range of topics related to business, including:

* Economic news and analysis: The Business Guardian covers the latest economic news and trends from India and around the world. The magazine also provides in-depth analysis of the Indian economy, as well as its impact on businesses and individuals.
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The Business Guardian is a valuable resource for anyone who is interested in business in India. It is a must-read for anyone who is looking to stay informed about the latest economic and business trends in the country, or who is looking for insights from leading experts in the field.