The Business Guardian - November 29, 2022

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November 29, 2022

BULL RUN IN BOURSES; BSE, NIFTY TOUCH RECORD HIGH

Sensex surged to a fresh lifetime high of 62,5776 and settled at 62,504.80 and Nifty touched a lifetime high of 18,614.3

1 min

8,000 millionaires migrated from India in 2022

The COVID pandemic had slowed down migration for the time being, but high-net-worth individuals are on the move again.

2 mins

CII urges RBI to moderate pace of interest rate hikes

Domestic demand is recovering well as mirrored performance of a host of high-frequency indicators. However, the prevailing global polycrisis is likely to impinge on our growth prospects too.

1 min

HOME LOAN PORTFOLIO OF BANKS AND NBFCS REMAINS STRONG

Even with rising interest rates, Indian lenders can expect to keep the quality of their home loan books, as the nation's housing market remains in an upcycle, a report said.

3 mins

S&P cuts India's growth forecast to 7 pc for FY23

S&P Global Ratings on Sonda Monday cut India's economic growth forecast for the current financial year ending March to 7 per cent as against 7.3 per cent projected earlier.

1 min

Handicraft exports rising steadily: Goyal

Union Commerce and Textiles Minister Piyush Goyal on Monday said that the country's handicraft exports have been rising steadily and were far superior than any machine-made products.

1 min

KHADI INDIA PAVILION SETS RECORD SALE OF Rs 12 CR

Most of supply orders of various products were received by entrepreneurs, which would be beneficial for marketing

2 mins

Food labels to hit small sweets makers: CAIT

Traders' body Confederation of All India Traders (CAIT) has drawn Union Health Minister Mansukh Mandaviya's attention towards a draft notification issued by the Food Safety and Standards Authority of India (FSSAI) for the printing of Indian Nutrition Rating (INR) on food packets as part of a labelling exercise with healthy food items getting a higher rating.

1 min

MSMEs seek ration shop for raw materials

A ration or fair price shop for raw materials; bringing Small Industries Development Bank of India (SIDBI) under the Ministry of Micro, Small and Medium Enterprises (MSME); abolition of capital gains tax on properties sold by micro entrepreneurs; are some of the Union Budget 2023-24 wish list of the Association of Indian Entrepreneurs (AIE).

1 min

Domestic air passenger traffic crosses 4-L mark

For two continuous days, domestic air passenger traffic in the country crossed the four-lakh mark during this weekend.

1 min

10 trade unions boycott pre-budget meet with FM

Ten major trade unions of the country, including the AITUC, INTUC, CITU, HMS, LPF, SEWA and AIUTUC among others, on Monday boycotted their pre-budget consultations with Union Finance Minister Nirmala Sitharaman, citing lack of proper time given to them to put forth their demands before the Centre.

1 min

Pakistan's economy remain in shambles

Pakistan's economy continues to deteriorate due to structural imbalances as several decisions regarding the economic policies like taxes, subsidies etc in the South Asian country have remained unaddressed over time, Dr Sakariya Kareem said while writing for Asian Lite.

1 min

Startups drive sale of office space in India

With over 6.97 million sq ft of space leased to startups in the first half of 2022, the industry is pegged to be one of the top office occupiers in the coming years, according to JLL's report titled \"A startup's guide to office space\".

1 min

5.4 mn Twitter users' data exposed online

As Elon Musk over Twitter 2.0 which will be the 'Everything App', at least 5.4 million Twitter user records, stolen via an internal bug, have been leaked online on a hacker forum.

1 min

'INDIA'S STRATEGIC VALUE, LEADERSHIP WILL ONLY RISE'

Canada will be investing in people, that includes bolstering its visa-processing capacity in India

1 min

Global chip revenue growth to drop 3.6%

Global semiconductor Glob Trevenue is projected to decline 3.6 per cent in 2023 -- from the previous forecast of $623 billion to reach $596 billion, a new Gartner report showed on Monday.

1 min

CLIMATE CHANGE WARRIORS ON AN ASSERTIVE STREAK

Green aid encompasses financial and technical assistance to govts and direct investments in projects in both mitigation and adaptation to climate change

4 mins

Globally one in eight people today are migrants

Globally one in eight or over one billion people today are migrants with 281 million international migrants and many million individuals who are stateless, according to World Health Organization (WHO).

2 mins

Airports Authority of India commences Aviation Safety Awareness Week 2022

The Airports Authority of India (AAI) commenced a week-long celebration of - Aviation Safety Awareness Week 2022 from November 28 to December 2 at all airports and ANS locations managed by AAI across India.

1 min

PRESIDENT NOMINATES JUSTICE SANJAY KISHAN KAUL, SUPREME COURT JUDGE AS EXECUTIVE CHAIRMAN OF NALSA

Justice Sanjay Kishan Kaul, the judge of the Supreme Court has been nominated by the President of India as the Executive Chairman of the National Legal Services Authority.

1 min

Religious freedom doesn't include right to convert

The Centre told that the right to freedom of religion does not include a fundamental right to convert people to a particular religion.

1 min

US-France line up fighter jets to deck INS Vikrant

The intense competition between US aerospace giant Boeing and French major Dassault Aviation to deck their fighter jets on India's first indigenously designed and built aircraft carrier INS Vikrant seems to have heated up.

2 mins

SHOULDN'T HAVE HAPPENED: SC ON KIREN RIJIJU'S REMARK

It said if the advises were withheld since the law passed by Centre on setting up the NJAC could not pass the muster

2 mins

Woman, son cut man's body into 10 pieces!

As the investigation into Shraddha Walker's murder case is still underway, the Crime Branch of Delhi Police have cracked a similar crime in the eastern part of the national capital.

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.