The Business Guardian - April 04, 2023

In this issue

April 04, 2023

OIL PRICES JUMP ON OPEC+ CUT

OPEC+ cuts output target by about 1.16 million bpd

2 mins

India moves closer to $300 mn deal with US

Indian Navy to get missile that killed Al-Qaeda chief as part of $300 million deal

1 min

India's manufacturing PMI hits 3-month high

Amid slowdown in developed countries and uncertainties over economic situation, India’s manufacturing sector posted a remarkable performance at the end of the final quarter of the fiscal (Q4 FY2022-23) with the seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) rose from 55.3 in February to 56.4 in March.

2 mins

COST OF 651 MEDICINES TO BE CHEAPER BY 7%: MANDAVIYA

Consumers will save Rs 3,500 crore annually with the govt capping the prices of essential medicines

2 mins

Das congratulates RBI on completing 88 years

Reserve Bank of India Governor Shaktikanta Das has congratulated the central bank for its 88 years of dedicated service to the nation.

1 min

JAPAN BREAKS WITH U.S.ALLIES, BUYS RUSSIAN OIL

Japan persuaded the US to make the exception, claiming that it was necessary to ensure access to Russian energy

2 mins

Indian IT firms' revenue may plunge 700-900 bps in FY24

The information technology (IT) services sector in India is expected to see a decline in revenue growth of 700–900 basis points (100 basis points is equal to 1 percentage point) that amounts to 10–12 per cent in fiscal 2024 amid global macroeconomic and financial sector headwinds, according to a CRISIL report.

2 mins

Mayhem in Pak amid rising inflation, cost-of-living

Pakistan is in economic crisis amid rising inflation and cost-of-living as successive governments and central bank governors have spectacularly failed in taming inflation over the last three decades, reported The News International.

3 mins

INDIA RANKS AS ONE OF THE MOST CHALLENGING COUNTRIES TO LAUNCH STARTUP, SAYS REPORT

The top ten countries to launch a startup in 2023 are all European with the Czech Republic emerging as the number one

4 mins

RAHUL GETS BAIL, COURT PAUSES 2-YEAR SENTENCE

If conviction is not reversed, his disqualification will stand and he will be barred from contesting elections for 8 years

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.
* Industry news and trends: The Business Guardian also covers the latest news and trends from different industries, such as technology, finance, healthcare, and manufacturing. This coverage helps readers to stay informed about the latest developments in their respective industries.
* Corporate news and profiles: The Business Guardian also features corporate news and profiles of leading companies in India. These profiles provide readers with insights into the strategies and operations of these companies.
* Management and leadership: The Business Guardian also features articles on management and leadership. These articles help readers to develop their skills and knowledge in these areas.

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.