The Business Guardian - July 14, 2024![Add to My Favorites Add to Favorites](/static/icons/filled.svg)
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In this issue
July 14, 2024
India can become world's second-largest economy by 2031: RBI Dy Governor
India can become the second largest economy by 2031 and the largest economy in the world by 2060, said Michael Debabrata Patra, Deputy Governor, Reserve Bank of India (RBI) during a program at the Lal Bahadur Shastri National Academy of Administration, Mussoorie.
![India can become world's second-largest economy by 2031: RBI Dy Governor](https://reseuro.magzter.com/100x125/articles/26854/1764656/3sQOQiTWd1720904491462/INDIA-CAN-BECOME-WORLDS-SECONDLARGEST-ECONOMY-BY-2031-RBI-DY-GOVERNOR.jpg)
2 mins
Robust net direct tax collection in FY25
The net direct tax collection of the government registered a significant growth of 19.54 per cent in financial year 2024-25, amounting to Rs 5,74,357 crore by July 11, highlighted the data by the income tax department.
![Robust net direct tax collection in FY25](https://reseuro.magzter.com/100x125/articles/26854/1764656/EU-FrlPg51720904292408/ROBUST-NET-DIRECT-TAX-COLLECTION-IN-FY25.jpg)
1 min
Food inflation will moderate soon, rate cut to get delayed: Experts
After the retail inflation data showed that food inflation in June almost doubled year-on-year to 8.3 percent, economic experts are optimistic that food inflation will decrease in the coming months.
![Food inflation will moderate soon, rate cut to get delayed: Experts](https://reseuro.magzter.com/100x125/articles/26854/1764656/UQ20HO4Rp1720904109218/FOOD-INFLATION-WILL-MODERATE-SOON-RATE-CUT-TO-GET-DELAYED-EXPERTS.jpg)
2 mins
INDIA'S DEFENCE EXPORT: A 14-FOLD LEAP IN 7 YEARS
India’s defense exports have skyrocketed, increasing 14 times from FY 2016-17 to FY 2023-24.
![INDIA'S DEFENCE EXPORT: A 14-FOLD LEAP IN 7 YEARS](https://reseuro.magzter.com/100x125/articles/26854/1764656/_6LAt2DDf1720903917869/INDIAS-DEFENCE-EXPORT-A-14FOLD-LEAP-IN-7-YEARS.jpg)
2 mins
Inflation is highest in Odisha at 7.22 pc followed by Bihar and Karnataka
India’s inflation landscape exhibited spatial variability in June 2024, with 12 out of 22 states reporting inflation rates exceeding the national average of 5.1 per cent, according to SBI research.
![Inflation is highest in Odisha at 7.22 pc followed by Bihar and Karnataka](https://reseuro.magzter.com/100x125/articles/26854/1764656/eRfnXu9jT1720904384255/INFLATION-IS-HIGHEST-IN-ODISHA-AT-722-PC-FOLLOWED-BY-BIHAR-AND-KARNATAKA.jpg)
2 mins
Foreign investors infuse Rs 7,390 crore in second week of July
The Foreign Portfolio Investment (FPI) in the Indian equity market increased by Rs 7,390 crores during the second week of July, according to investment data from the National Securities Depository Limited.
1 min
With 4 mn users, Digi Yatra will be expanded to 15 new airports
The registered users at the Digi Yatra platform has crossed 4 million mark, highlighted the platform in an official statement on Saturday.
2 mins
GOYAL TO VISIT ITALY FOR G7 TRADE MINISTERS' MEETING
Union Commerce and Industry Minister Piyush Goyal will participate in the outreach session of the G7 Trade Ministers’ Meeting scheduled for July 16-17 in Italy, according to an official statement.
![GOYAL TO VISIT ITALY FOR G7 TRADE MINISTERS' MEETING](https://reseuro.magzter.com/100x125/articles/26854/1764656/PSVJ6-4Q91720904573525/GOYAL-TO-VISIT-ITALY-FOR-G7-TRADE-MINISTERS-MEETING.jpg)
1 min
KERALA CM LAUDS LDF GOVT'S EFFORTS AFTER TOPPING SDG INDIA INDEX
After Kerala topped the NITI Aayog’s latest Sustainable Development Index, Chief Minister Pinarayi Vijayan said on Saturday that it reflects the Left Democratic Front government’s “commitment to social progress and welfare.”
1 min
Skoda Kodiaq 2024 coming to India
Skoda Auto is set to expand its lineup in India with the upcoming launch of two vehicles that have achieved exceptional safety ratings in global crash tests.
![Skoda Kodiaq 2024 coming to India](https://reseuro.magzter.com/100x125/articles/26854/1764656/27k5gxHnU1720904948488/SKODA-KODIAQ-2024-COMING-TO-INDIA.jpg)
2 mins
AT 3.4 LAKH UNITS IN JUNE, PV WHOLESALES UP BY 3%
Passenger vehicle sales in the local market rose in modest single-digit in June mainly due to a high base and easing of postpandemic pent-up demand.
![AT 3.4 LAKH UNITS IN JUNE, PV WHOLESALES UP BY 3%](https://reseuro.magzter.com/100x125/articles/26854/1764656/3a1mBeqc-1720904790378/AT-34-LAKH-UNITS-IN-JUNE-PV-WHOLESALES-UP-BY-3.jpg)
2 mins
Not linked to UP's new vehicle policy: Mahindra on XUV 700 price cut
The Uttar Pradesh government’s hybrid vehicle policy has no connection with Mahindra and Mahindra’s decision to cut down the price of its popular SUV model, the XUV 700, the company said on Wednesday, 10 July.
![Not linked to UP's new vehicle policy: Mahindra on XUV 700 price cut](https://reseuro.magzter.com/100x125/articles/26854/1764656/6MZCjDcEj1720904878257/NOT-LINKED-TO-UPS-NEW-VEHICLE-POLICY-MAHINDRA-ON-XUV-700-PRICE-CUT.jpg)
1 min
India's path to sustainable agriculture and climate resilience
Rice is one of the most important food crops in the world, especially in Asia.
![India's path to sustainable agriculture and climate resilience](https://reseuro.magzter.com/100x125/articles/26854/1764656/MzI0A9oCt1720905001208/INDIAS-PATH-TO-SUSTAINABLE-AGRICULTURE-AND-CLIMATE-RESILIENCE.jpg)
3 mins
BENGALURU COURT SENDS EX-MINISTER NAGENDRA TO JUDICIAL CUSTODY
A Bengaluru court has sent former Karnataka Minister B. Nagendra to judicial custody in connection with the alleged Valmiki Corporation scam until July 18.
1 min
Bombay HC grants parole for happy occasion
The Bombay High Court has granted parole to a man to bid farewell to his son, who is going to Australia for further studies, holding that if parole can be granted to share grief, it can also be granted for a happy occasion.
![Bombay HC grants parole for happy occasion](https://reseuro.magzter.com/100x125/articles/26854/1764656/idvRuTh2P1720905208749/BOMBAY-HC-GRANTS-PAROLE-FOR-HAPPY-OCCASION.jpg)
1 min
Shriram Finance offers fixed deposit plans for senior citizens
Shriram Finance, a leading name in the financial services sector, is now offering fixed deposit plans designed to meet the financial needs of senior citizens.
2 mins
NRAI LAUNCHES INDIA FOOD SERVICES REPORT 2024
The 5th edition of the NRAI India Food Services Report provides an indepth analysis shared by the industry stakeholders and consumer voices.
![NRAI LAUNCHES INDIA FOOD SERVICES REPORT 2024](https://reseuro.magzter.com/100x125/articles/26854/1764656/Y8aRdgQFZ1720905320796/NRAI-LAUNCHES-INDIA-FOOD-SERVICES-REPORT-2024.jpg)
3 mins
INDIA'S FASTEST GROWING BRAND IN THE HOUSEKEEPING INDUSTRY
Midst a landscape where cleanliness and hygiene hold utmost importance, British Clean emerges as a leading sustainable brand in India’s housekeeping industry.
![INDIA'S FASTEST GROWING BRAND IN THE HOUSEKEEPING INDUSTRY](https://reseuro.magzter.com/100x125/articles/26854/1764656/Z18Z3n_KB1720905780870/INDIAS-FASTEST-GROWING-BRAND-IN-THE-HOUSEKEEPING-INDUSTRY.jpg)
1 min
Schneider Electric India wins Golden Peacock award
Schneider Electric, the global leader in the digital transformation of energy management and NextGen automation, has been honoured with the prestigious Golden Peacock Award for exceptional energy efficiency initiatives at its Chennai plant.
![Schneider Electric India wins Golden Peacock award](https://reseuro.magzter.com/100x125/articles/26854/1764656/ZxGH8YUfx1720905489465/SCHNEIDER-ELECTRIC-INDIA-WINS-GOLDEN-PEACOCK-AWARD.jpg)
2 mins
Mott MacDonald expands operations in India with Bengaluru office
Mott MacDonald has opened an extended office in Bengaluru, India, enabling the company to provide more services to its clients and deliver improved outcomes on projects.
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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