The Business Guardian - July 13, 2024![Add to My Favorites Add to Favorites](/static/icons/filled.svg)
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In this issue
July 13, 2024
Union Minister Shivraj Chouhan prioritizes selfsufficiency in pulse production for the country
Union Minister Shivraj Singh Chouhan emphasized the central government’s commitment to achieving self-sufficiency in pulse production during a review meeting of Kharif crops held in Delhi.
![Union Minister Shivraj Chouhan prioritizes selfsufficiency in pulse production for the country](https://reseuro.magzter.com/100x125/articles/26854/1763710/AK_wgulEA1720828156246/UNION-MINISTER-SHIVRAJ-CHOUHAN-PRIORITIZES-SELFSUFFICIENCY-IN-PULSE-PRODUCTION-FOR-THE-COUNTRY.jpg)
2 mins
US BUSINESS GROUP PUSHES FOR FAIRER TAXES, LOWER COSTS ON EXPORTS TO INDIA
The US-India Tax Forum has recommended simplifying the withholding tax regime and rationalizing TDS and TCS provisions to boost investment and ease of doing business in India.
![US BUSINESS GROUP PUSHES FOR FAIRER TAXES, LOWER COSTS ON EXPORTS TO INDIA](https://reseuro.magzter.com/100x125/articles/26854/1763710/ELGm9Yh-o1720828018824/US-BUSINESS-GROUP-PUSHES-FOR-FAIRER-TAXES-LOWER-COSTS-ON-EXPORTS-TO-INDIA.jpg)
2 mins
GeM marketplace sees massive growth, Q1 GMV up 136%
The Government e Marketplace (GeM) reported a significant rise in Gross Merchandise Value (GMV), reaching Rs 1,24,761 lakh crore by the end of the first quarter (April-June).
![GeM marketplace sees massive growth, Q1 GMV up 136%](https://reseuro.magzter.com/100x125/articles/26854/1763710/mdFHydPNY1720828342923/GEM-MARKETPLACE-SEES-MASSIVE-GROWTH-Q1-GMV-UP-136.jpg)
2 mins
Government lifts stock limits on Kabuli chana, import becomes easier
The central government has recently exempted Kabuli chana from stock limits, a move anticipated to facilitate increased imports of this pulse ahead of the festival season.
![Government lifts stock limits on Kabuli chana, import becomes easier](https://reseuro.magzter.com/100x125/articles/26854/1763710/px6Fkm_Sp1720828442370/GOVERNMENT-LIFTS-STOCK-LIMITS-ON-KABULI-CHANA-IMPORT-BECOMES-EASIER.jpg)
2 mins
Average crude prices in FY25 to be USD 83-88, potentially raising government fiscal burden, CRISIL
A Crisil report projects that average crude oil prices are expected to rise to $83-$88 per barrel in fiscal year 2025, up from $83 per barrel the previous year.
![Average crude prices in FY25 to be USD 83-88, potentially raising government fiscal burden, CRISIL](https://reseuro.magzter.com/100x125/articles/26854/1763710/vtMndD9jH1720828240324/AVERAGE-CRUDE-PRICES-IN-FY25-TO-BE-USD-8388-POTENTIALLY-RAISING-GOVERNMENT-FISCAL-BURDEN-CRISIL.jpg)
2 mins
Indian stocks rise on positive global cues, US inflation eases
Indian markets started the day with slight gains on Friday, buoyed by positive global cues, as both major indices surged during early trading.
![Indian stocks rise on positive global cues, US inflation eases](https://reseuro.magzter.com/100x125/articles/26854/1763710/98XSB26gX1720828602705/INDIAN-STOCKS-RISE-ON-POSITIVE-GLOBAL-CUES-US-INFLATION-EASES.jpg)
1 min
Jio Financial now focuses on investments after RBI nod for CIC status
Jio Financial Services has secured approval from the Reserve Bank of India (RBI) to transition from a NonBanking Financial Company (NBFC) to a Core Investment Company (CIC), as announced in an official statement on Thursday.
![Jio Financial now focuses on investments after RBI nod for CIC status](https://reseuro.magzter.com/100x125/articles/26854/1763710/9yCUBQCJy1720828708975/JIO-FINANCIAL-NOW-FOCUSES-ON-INVESTMENTS-AFTER-RBI-NOD-FOR-CIC-STATUS.jpg)
2 mins
Accelerated completion of Vizhinjam port phases 2 to 4 by 2028, Kerala CM - Pinarayi Vijayan
The Vizhinjam International Seaport in Kerala welcomed its inaugural mothership, the “San Fernando,” marking a significant milestone in India’s maritime history.
![Accelerated completion of Vizhinjam port phases 2 to 4 by 2028, Kerala CM - Pinarayi Vijayan](https://reseuro.magzter.com/100x125/articles/26854/1763710/JqQG67vBZ1720828655263/ACCELERATED-COMPLETION-OF-VIZHINJAM-PORT-PHASES-2-TO-4-BY-2028-KERALA-CM-PINARAYI-VIJAYAN.jpg)
1 min
INDIA, QATAR PUSH FOR TRADE GROWTH THROUGH JOINT TALKS
During the meeting, both sides reviewed progress on a MoU for Food Safety and Cooperation, aiming to streamline trade processes and activate the Joint Business Council for enhancing trade and investment cooperation.
![INDIA, QATAR PUSH FOR TRADE GROWTH THROUGH JOINT TALKS](https://reseuro.magzter.com/100x125/articles/26854/1763710/aD93aZE261720828514129/INDIA-QATAR-PUSH-FOR-TRADE-GROWTH-THROUGH-JOINT-TALKS.jpg)
2 mins
Hippo Homes opens its Home Interior Store In Greater Noida
Dalmia Bharat Enterprise promoted ‘Hippo Homes’, a premier Omnichannel provider of home building, home renovation and interior solutions, has launched its flagship retail store in Greater Noida at Grand Venice Mall.
![Hippo Homes opens its Home Interior Store In Greater Noida](https://reseuro.magzter.com/100x125/articles/26854/1763710/270SIVFgX1720828956108/HIPPO-HOMES-OPENS-ITS-HOME-INTERIOR-STORE-IN-GREATER-NOIDA.jpg)
1 min
SMI opens its new factory with an investment of Rs 225 Crore
Shibaura Machine India (SMI), a subsidiary of Japan’s Shibaura Machine, the leading manufacturer of high-precision injection moulding machines in the world, has inaugurated its Unit 2 factory, adjacent to its existing factory in Chembarambakkam, Chennai, India.
![SMI opens its new factory with an investment of Rs 225 Crore](https://reseuro.magzter.com/100x125/articles/26854/1763710/Ldb6d8Voc1720828827750/SMI-OPENS-ITS-NEW-FACTORY-WITH-AN-INVESTMENT-OF-RS-225-CRORE.jpg)
2 mins
DEFENCE MANUFACTURER BHARAT ELECTRONICS SECURES EXPORT ORDER WORTH RS 230 CRORE
State-owned aerospace and defence electronics company Bharat Electronics Limited (BEL) has obtained an export order worth Euro 25.75 million (estimated value of Rs 230 crores) from Thales Reliance Defence Systems (TRDS) for the manufacture and supply of transmit-receive (TR) modules, the company informed stock exchanges on Friday.
![DEFENCE MANUFACTURER BHARAT ELECTRONICS SECURES EXPORT ORDER WORTH RS 230 CRORE](https://reseuro.magzter.com/100x125/articles/26854/1763710/SuSEgHIgc1720828769855/DEFENCE-MANUFACTURER-BHARAT-ELECTRONICS-SECURES-EXPORT-ORDER-WORTH-RS-230-CRORE.jpg)
1 min
Parijat Industries Honoured with CSR Leadership Award 2024
Parijat Industries India Pvt. Ltd. received the prestigious CSR Leadership Award 2024 at the Agriculture Leadership Conclave held at Hotel Holiday Inn, Aerocity, New Delhi on July 10th, 2024.
![Parijat Industries Honoured with CSR Leadership Award 2024](https://reseuro.magzter.com/100x125/articles/26854/1763710/xdKjj592u1720828885517/PARIJAT-INDUSTRIES-HONOURED-WITH-CSR-LEADERSHIP-AWARD-2024.jpg)
2 mins
ADB APPROVES USD 100-MLN LOAN FOR POWER SECTOR REFORMS IN SRI LANKA
The Asian Development Bank (ADB) approved a USD 100 million policy-based loan to support and facilitate reforms in Sri Lanka, aimed particularly at enhancing the financial sustainability of the power sector in the island country.
![ADB APPROVES USD 100-MLN LOAN FOR POWER SECTOR REFORMS IN SRI LANKA](https://reseuro.magzter.com/100x125/articles/26854/1763710/N025dOyJq1720829111034/ADB-APPROVES-USD-100MLN-LOAN-FOR-POWER-SECTOR-REFORMS-IN-SRI-LANKA.jpg)
1 min
Lift Now India launches mobile app for children's mental wellness
LiftNow, a mental health mobile app designed to support children’s emotional wellness, was officially launched in India this week at Vels Vidyashram CBSE School, Pallavaram, Tamil Nadu.
![Lift Now India launches mobile app for children's mental wellness](https://reseuro.magzter.com/100x125/articles/26854/1763710/oVoQpNslg1720829184529/LIFT-NOW-INDIA-LAUNCHES-MOBILE-APP-FOR-CHILDRENS-MENTAL-WELLNESS.jpg)
2 mins
SUPREME COURT GRANTS INTERIM BAIL TO ARVIND KEJRIWAL IN PMLA CASE, REFERS PLEA CHALLENGING ED ARREST TO LARGER BENCH
The Supreme Court in the case Arvind Kejriwal v. Directorate of Enforcement observed and has granted interim bail to Delhi Chief Minister Arvind Kejriwal in the case registered by under the Prevention of Money Laundering Act, PMLA over the liquor policy case, while referring to the petition filed challenging the arrest by the Enforcement Directorate, ED to a larger bench.
![SUPREME COURT GRANTS INTERIM BAIL TO ARVIND KEJRIWAL IN PMLA CASE, REFERS PLEA CHALLENGING ED ARREST TO LARGER BENCH](https://reseuro.magzter.com/100x125/articles/26854/1763710/dJq-_jaou1720829603300/SUPREME-COURT-GRANTS-INTERIM-BAIL-TO-ARVIND-KEJRIWAL-IN-PMLA-CASE-REFERS-PLEA-CHALLENGING-ED-ARREST-TO-LARGER-BENCH.jpg)
3 mins
IMD ISSUES ORANGE ALERT IN SEVERAL PARTS OF CITY WATERLOGGED
The Indian Meterological Department (IMD) has issued an orange alert for Mumbai, indicating heavy to very heavy rainfall on Friday and Saturday.
![IMD ISSUES ORANGE ALERT IN SEVERAL PARTS OF CITY WATERLOGGED](https://reseuro.magzter.com/100x125/articles/26854/1763710/4LY8Lahxq1720829249840/IMD-ISSUES-ORANGE-ALERT-IN-SEVERAL-PARTS-OF-CITY-WATERLOGGED.jpg)
2 mins
Probationary IAS officer allegedly pressured DCP to release theft suspect
The Navi Mumbai police have notified the Maharashtra government that probationary IAS officer Puja Khedkar reportedly sought to convince a Deputy Commissioner of Police (DCP) to release a man apprehended in a theft case, according to an official on Friday.
![Probationary IAS officer allegedly pressured DCP to release theft suspect](https://reseuro.magzter.com/100x125/articles/26854/1763710/7cBYHyL8d1720829421343/PROBATIONARY-IAS-OFFICER-ALLEGEDLY-PRESSURED-DCP-TO-RELEASE-THEFT-SUSPECT.jpg)
1 min
Lake levels in 7 reservoirs that supply water to the city at 22.80 pc
In the absence of extended periods of heavy rain, the water level in the lakes that supply the city with water has barely risen by a few inches.
2 mins
Polling ends; all 274 MLAs cast their votes: Legislative Council
The polling for the biennial elections to 11 seats in the Maharashtra Legislative Council concluded at the Vidhan Bhavan Complex on Friday afternoon.
![Polling ends; all 274 MLAs cast their votes: Legislative Council](https://reseuro.magzter.com/100x125/articles/26854/1763710/Dkq6jZgje1720829546733/POLLING-ENDS-ALL-274-MLAS-CAST-THEIR-VOTES-LEGISLATIVE-COUNCIL.jpg)
1 min
SRCC Children's Hospital faces blood shortage
After being unable to conduct a blood donation camp for over 20 days, SRCC Hospital at Haji Ali found itself short of O and B blood groups, even as it struggled to find donors on July 10.
![SRCC Children's Hospital faces blood shortage](https://reseuro.magzter.com/100x125/articles/26854/1763710/G81Lnm_3b1720829373943/SRCC-CHILDRENS-HOSPITAL-FACES-BLOOD-SHORTAGE.jpg)
1 min
Centre would be requested to rename 7 railway stations: Dadaji Bhuse
Maharashtra Minister Dadaji Bhuse said that a resolution has been unanimously passed in the Maharashtra legislative council to rename 7 railway stations, which had Engl ish names since the British era between Mumbai Central and Mumbai West.
![Centre would be requested to rename 7 railway stations: Dadaji Bhuse](https://reseuro.magzter.com/100x125/articles/26854/1763710/x4eKmd5Rd1720829334423/CENTRE-WOULD-BE-REQUESTED-TO-RENAME-7-RAILWAY-STATIONS-DADAJI-BHUSE.jpg)
1 min
The Business Guardian Newspaper Description:
Publisher: ITV Network
Category: Newspaper
Language: English
Frequency: Daily
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.
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