In this issue

July 27, 2024

Markets bounce back strongly, Sensex up 1293, Nifty climbs 429 points

After experiencing a week of losses, the Indian stock market closed in the green, marking its first positive closure this week.

2 mins

CBDT CHAIRMAN: MASS SHIFT TO NEW TAX REGIME COULD PHASE OUT OLD ONE

The increased ITR filings this year, surpassing last year's numbers, and the 66% adoption of the new tax regime highlight the government's successful simplification and automation efforts, expected to enhance compliance further

2 mins

Budget 2024-25: A boost for growth, MSMEs, and job creation

Brijendra Kagzi, CMD of Shrijee Lifestyle Pvt. Ltd, has commended the Union Budget for 2024-25, describing it as growth-oriented with significant potential to enhance employment, skill development, and the growth of MSMEs.

2 mins

MATEXIL chairman hails union budget 2024-25 as growth-oriented and futuristic

The Union Budget for 2024-25 was announced by Union Finance Minister Nirmala Sitharaman on July 23, 2024.

2 mins

Goyal sets $50 billion target for leather and footwear industry by 2030

Union Minister of Commerce and Industry Piyush Goyal has set an ambitious target for India’s leather and footwear industry, aiming to scale it to USD 50 billion by 2030.

1 min

EAM JAISHANKAR EMPHASIZES POLITICAL AND ECONOMIC COOPERATION WITH ASEAN AS TOP PRIORITY

Jaishankar underscored India's dedication to ASEAN, highlighting the implementation of a 12-point plan from last year and expressing optimism about future collaboration with ASEAN member states and observers

2 mins

EAM Jaishankar unveils logo celebrating 40 years of diplomatic relations with Brunei

External Affairs Minister S. Jaishankar met with Brunei’s Foreign Minister Dato Haji Erywan on July 26, 2024, during the ASEAN meetings in Vientiane, Laos.

2 mins

XOOMPAY, YOUR PERFECT CROSSBORDER PAYMENT SOLUTION

Dedicated to simplifying international transactions, the platform customizes its services to efficiently meet diverse needs across Bangladesh, India, Pakistan, Nepal, Indonesia, and South Africa

2 mins

Mankind Pharma acquires Bharat Serums for $1.6B

On Thursday evening, Indian pharmaceutical giant Mankind Pharma announced its decision to acquire Bharat Serums and Vaccines Ltd in a significant transaction valued at approximately 136.30 billion rupees ($1.63 billion), including the company’s debt.

2 mins

Keo green energy's new programme to boost women, youth in India

Keo Green Energy, in collaboration with Uttaranchal Club Trust, has unveiled a groundbreaking initiative designed to empower women and youth across rural and urban India.

2 mins

Govt implementing measures to boost domestic shipbuilding, says Sonowa

Union Minister of Ports, Shipping, and Water ways Sarbananda Sonowal informed the Lok Sabha on Friday about several government initiatives aimed at boosting the domestic shipbuilding industry.

2 mins

Lithium deposits discovered in Karnataka's Mandya and Yadgiri, announces Jitendra Singh

In a recent announcement, Jitendra Singh, the Minister of State (Independent Charge) for Earth Sciences, confirmed the discovery of lithium deposits in Karnataka’s Mandya and Yadgiri districts.

1 min

IVCA's climate and sustainability council (2024-26) to spearhead green investment revolution in India

The Indian Venture and Alternate Capital Association (IVCA) has introduced its new Climate and Sustainability Council for the term 2024-26, co-chaired by Pratibha Jain, Group General Counsel and Head of Strategy at Everstone Group, and Akhilesh Tilotia, a public policy strategist and author.

2 mins

Strong US GDP lifts oil prices, but Asia economic headwinds persist

Oil prices edged higher on Friday, buoyed by stronger-than-expected U.S. economic data that increased investor optimism regarding rising crude oil demand.

3 mins

PETROLEUM MINISTER PRAISES INDIA'S PROGRESS TOWARD ENERGY SECTOR SELF-SUFFICIENCY

Puri Highlights Major Investments and Technological Advancements in Expanding India's Key Refineries

2 mins

Mumbai University postpones all exams in Raigad, Ratnagiri amid heavy rain alert

Mumbai University has postponed all the exams in the Raigad and Ratnagiri districts due to heavy rain alerts issued by the India Meteorological Department on Friday.

1 min

Congress forms strategic panels for Maharashtra assembly polls

In preparation for the upcoming Maharashtra assembly elections in October, the All India Congress Committee (AICC) has formed strategic panels for Mumbai and Maharashtra.

1 min

CM Shinde calls for stricter laws against milk adulteration

Maharashtra Chief Minister Eknath Shinde has called for the implementation of a separate and stringent law to combat the adulteration of milk and dairy products.

1 min

Mass relocation as Panchaganga river floods

Over 2,000 people have been relocated due to severe flooding caused by the Panchaganga river exceeding the danger mark in Kolhapur district, western Maharashtra, officials reported on Friday.

1 min

Shiv Sena Shinde to speak with Raj Thackeray, not contest independently

MNS President Raj Thackeray has announced that he will contest the upcoming assembly elections independently.

1 min

Read all stories from The Business Guardian

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.