The Business Guardian - July 17, 2024![Add to My Favorites Add to Favorites](/static/icons/filled.svg)
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In this issue
July 17, 2024
Stocks and Treasury yields rise as likelihood of Trump victory grows
World stock indexes and Treasury yields rose on Monday as investors weighed the potential implications of Republican Donald Trump winning the U.S. presidential race after surviving an assassination attempt.
![Stocks and Treasury yields rise as likelihood of Trump victory grows](https://reseuro.magzter.com/100x125/articles/26854/1767951/2Vb8uNKA81721169632405/STOCKS-AND-TREASURY-YIELDS-RISE-AS-LIKELIHOOD-OF-TRUMP-VICTORY-GROWS.jpg)
2 mins
UNIFORM 5% TAX ON PLANES AND ENGINE PARTS TAKES FLIGHT IN INDIA
Minister Naidu announced a standardized 5% IGST rate on aircraft parts to simplify the tax structure, reduce costs, and attract investment in the aviation sector.
![UNIFORM 5% TAX ON PLANES AND ENGINE PARTS TAKES FLIGHT IN INDIA](https://reseuro.magzter.com/100x125/articles/26854/1767951/F4KlDelRS1721169333880/UNIFORM-5-TAX-ON-PLANES-AND-ENGINE-PARTS-TAKES-FLIGHT-IN-INDIA.jpg)
2 mins
Oil dips as China's demand concerns resurface
Oil prices dipped slightly on Tuesday due to concerns about a slowing Chinese economy affecting demand, although expectations that the U.S. Federal Reserve might soon cut interest rates helped limit the decline.
![Oil dips as China's demand concerns resurface](https://reseuro.magzter.com/100x125/articles/26854/1767951/kUFgoeUfG1721169543414/OIL-DIPS-AS-CHINAS-DEMAND-CONCERNS-RESURFACE.jpg)
2 mins
Paytm contests SEBI warning, says followed listing rules
In response to an administrative warning from the Securities and Exchange Board of India (SEBI), Paytm, India’s leading payments and financial services distribution platform, has asserted its adherence to listing regulations and committed to addressing SEBI’s concerns.
![Paytm contests SEBI warning, says followed listing rules](https://reseuro.magzter.com/100x125/articles/26854/1767951/nUHYldBCr1721169452743/PAYTM-CONTESTS-SEBI-WARNING-SAYS-FOLLOWED-LISTING-RULES.jpg)
2 mins
Stronger domestic demand to boost industrial growth in FY25: CRISIL
Industrial activity in the current fiscal year is anticipated to gain momentum from an uptick in domestic consumption, as highlighted in a recent CRISIL report.
![Stronger domestic demand to boost industrial growth in FY25: CRISIL](https://reseuro.magzter.com/100x125/articles/26854/1767951/xbS8UEeZd1721169713323/STRONGER-DOMESTIC-DEMAND-TO-BOOST-INDUSTRIAL-GROWTH-IN-FY25-CRISIL.jpg)
2 mins
Food prices surge despite low core inflation (3.1%) in June: CRISIL
In June, the Consumer Price Index (CPI) inflation in India rose to 5.1 per cent, up from 4.8 per cent in May, driven largely by a significant surge in food prices, according to a report by CRISIL.
![Food prices surge despite low core inflation (3.1%) in June: CRISIL](https://reseuro.magzter.com/100x125/articles/26854/1767951/7WthB0DVc1721170342123/FOOD-PRICES-SURGE-DESPITE-LOW-CORE-INFLATION-31-IN-JUNE-CRISIL.jpg)
2 mins
PETROLEUM MINISTER HARDEEP PURI PRAISES ONGC AS ITS SHARE PRICE SURGES TO RECORD LEVELS
ONGC’s share price hits all-time high, reaching Rs 323 with a 5.18% intraday gain, boosting market cap to Rs 4.06 lakh crore.
![PETROLEUM MINISTER HARDEEP PURI PRAISES ONGC AS ITS SHARE PRICE SURGES TO RECORD LEVELS](https://reseuro.magzter.com/100x125/articles/26854/1767951/FwKHIy70Y1721169818202/PETROLEUM-MINISTER-HARDEEP-PURI-PRAISES-ONGC-AS-ITS-SHARE-PRICE-SURGES-TO-RECORD-LEVELS.jpg)
2 mins
FOR TELECOM COMPANIES, REVENUE PER USER TO CROSS A DECADE-HIGH NEXT FINANCIAL YEAR: CRISIL
The latest tariff hike and growing data consumption are expected to lift the average revenue per user (ARPU) per month for Indian telecom companies, according to Crisil Ratings.
![FOR TELECOM COMPANIES, REVENUE PER USER TO CROSS A DECADE-HIGH NEXT FINANCIAL YEAR: CRISIL](https://reseuro.magzter.com/100x125/articles/26854/1767951/WcMLfPlNK1721169910378/FOR-TELECOM-COMPANIES-REVENUE-PER-USER-TO-CROSS-A-DECADEHIGH-NEXT-FINANCIAL-YEAR-CRISIL.jpg)
2 mins
Mumbai-Ahmedabad bullet train project: Work on 7-km undersea rail tunnel commences
The work for India’s first seven-kilometre undersea rail tunnel, which is a part of the 21-kilometre-long tunnel between BKC and Shilphata in Mumbai has commenced, National High-Speed Rail Corporation (NHSRCL) said in its latest update.
![Mumbai-Ahmedabad bullet train project: Work on 7-km undersea rail tunnel commences](https://reseuro.magzter.com/100x125/articles/26854/1767951/Y-To-Ndxe1721170402979/MUMBAIAHMEDABAD-BULLET-TRAIN-PROJECT-WORK-ON-7KM-UNDERSEA-RAIL-TUNNEL-COMMENCES.jpg)
1 min
Halwa ceremony marking lockin of Budget documents held at North Block
The Halwa ceremony, marking the final stage of the budget preparation process for full Budget of 2024-25, was held in North Block on Tuesday in the presence of Union Finance Minister Nirmala Sitharaman, Minister of State Pankaj Chaudhary, and secretaries.
![Halwa ceremony marking lockin of Budget documents held at North Block](https://reseuro.magzter.com/100x125/articles/26854/1767951/sl9mGB0L61721170449106/HALWA-CEREMONY-MARKING-LOCKIN-OF-BUDGET-DOCUMENTS-HELD-AT-NORTH-BLOCK.jpg)
2 mins
IMF FURTHER RAISES INDIA'S GROWTH PROJECTION TO 7% FOR 2024; FASTEST-GROWING
The International Monetary Fund (IMF), in its latest outlook, has raised India’s growth projections for 2024 from 6.8 per cent earlier to 7 per cent, with the country maintaining the fastest-growing status in emerging markets and developing economies.
![IMF FURTHER RAISES INDIA'S GROWTH PROJECTION TO 7% FOR 2024; FASTEST-GROWING](https://reseuro.magzter.com/100x125/articles/26854/1767951/tJTE07xpE1721169993387/IMF-FURTHER-RAISES-INDIAS-GROWTH-PROJECTION-TO-7-FOR-2024-FASTESTGROWING.jpg)
2 mins
SUPREME COURT ISSUED NOTICE ON PLEAS FILED BY NTA TO TRANSFER PETITIONS FROM HIGH COURT TO SUPREME COURT
The Supreme Court in the case National Testing Agency Versus Durgesh Raj And Ors And Other Connected Matters observed and has issued notice wherein the petition is filed by the National Testing Agency, NTA with regards to the NEET-UG 2024 cases pending before the Rajasthan High Court.
![SUPREME COURT ISSUED NOTICE ON PLEAS FILED BY NTA TO TRANSFER PETITIONS FROM HIGH COURT TO SUPREME COURT](https://reseuro.magzter.com/100x125/articles/26854/1767951/IcMogzeIH1721170082559/SUPREME-COURT-ISSUED-NOTICE-ON-PLEAS-FILED-BY-NTA-TO-TRANSFER-PETITIONS-FROM-HIGH-COURT-TO-SUPREME-COURT.jpg)
2 mins
Animal cruelty cases rise in Mumbai
Cases of animal cruelty have been on the rise in Mumbai, with many incidents going unreported.
![Animal cruelty cases rise in Mumbai](https://reseuro.magzter.com/100x125/articles/26854/1767951/DH6zMGVC01721170256388/ANIMAL-CRUELTY-CASES-RISE-IN-MUMBAI.jpg)
1 min
BMC FILES COMPLAINT AGAINST FRAUDULENT FEES FOR 'MUKHYAMANTRI MAJHI LADKI BAHIN YOJANA'
Aimed at fostering women’s economic empowerment, the scheme’s application deadline has been extended from July 15 to August 31. Anganwadi workers are actively helping eligible women across the city’s 24 administrative wards to complete the online application process.
![BMC FILES COMPLAINT AGAINST FRAUDULENT FEES FOR 'MUKHYAMANTRI MAJHI LADKI BAHIN YOJANA'](https://reseuro.magzter.com/100x125/articles/26854/1767951/MPwUmfRqN1721170180677/BMC-FILES-COMPLAINT-AGAINST-FRAUDULENT-FEES-FOR-MUKHYAMANTRI-MAJHI-LADKI-BAHIN-YOJANA.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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