The Business Guardian - September 09, 2024

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September 09, 2024

Indian defence market poised for 14% annual growth amid indigenization push

Potential market opportunity for Indian defence companies is expected to rise at 14 per cent CAGR (compound annual growth rate) over financial year (FY) 2024-FY 2030E (estimated), driven by the government's indigenisation focus on export opportunity, Jefferies said in its sectoral report.

1 min

17 lakh oil palm saplings planted under National edible oils mission

Over 17 lakh oil palm saplings, covering more than 12,000 hectares across states were undertaken as part of a plantation drive conducted under the National Mission on Edible Oil-Palm.

1 min

Gujarat to add 48 MW solar rooftops on govt buildings in 2024-25

The Government of Gujarat will install 48 MW solar power rooftop system on government buildings throughout the state this year.

2 mins

SEMICON India 2024: greater noida, Sep 11-13

A three-day event focused on the semiconductor ecosystem is set to be held from Wednesday to Friday in Greater Noida.

2 mins

India Gold demand soars; US Elections, fed rate cut loom

As global markets brace for potential economic turbulence, the outlook for gold has become increasingly uncertain, especially with the upcoming US elections and possible interest rate cuts by the Federal Reserve (Fed), according to the World Gold Council.

1 min

MP CM YADAV ANNOUNCES 2047 DEVELOPMENT PLANS

In the future, Indore, Ujjain, Dewas, and Dhar will be developed as part of a metropolitan city under PM Narendra Modi's 'Amrit Kaal' plan for 2047.

1 min

Rajnath Singh urges PoK residents to join India

Defence Minister Rajnath Singh stated on Saturday that unlike Pakistan, India considers the people of Pakistan-occupied Kashmir (PoK) as their own and urged them to join India.

2 mins

Ultra-luxury home sales remain strong in 2024, Mumbai dominates market with 84% Share

Despite rising property prices, the sale of ultra-luxury home, those priced over Rs 40 crore, has continued to thrive in 2024, ANAROCK observed in a recent report.

1 min

First of Its Kind: flutrr and ALTRD Introduce AI Music Tool to Transform Online Dating

Kolkata-based flutrr, India's first vernacular dating app designed to foster meaningful, long-term relationships, has taken an innovative step forward by partnering with ALTRD, a pioneering tech company specializing in custom AI solutions.

1 min

Jindal Stainless has supplied stainless steel for the Vande Bharat sleeper coaches, the prototype of which was unveiled by the Minister of Railways

Jindal Stainless has supplied stainless steel for the Vande Bharat sleeper coaches, the prototype of which was unveiled by the Minister of Railways, Ashwini Vaishnaw, recently, the steelmaker said in a statement.

2 mins

Education loans set to be one of the fastest-growing segments for NBFCs: Crisil Report

Education loans, primarily those to fund courses overseas, will continue to be among the fastest-growing segments for non-banking financial companies (NBFCs) because of rising demand for higher education, said Crisil Ratings.

1 min

Oil India Limited Joins Oil and Gas Decarbonization Charter to promote Sustainable Energy practices

State-owned enterprise Oil India Limited (OIL), a Maharatna CPSE, has declared its support for sustainable energy practices by signing up for the Oil and Gas Decarbonisation Charter (OGDC).

1 min

Apple iPhone 16 Launch Tomorrow: Timing and How to Watch the Special 'Glowtime' Event Live

Apple iPhone 16 launch tomorrow: Apple Inc.will hold its 'glowtime' special event tomorrow on September 9 and the tech giant is expected to launch its new iPhone 16 series and Apple Watch Series 10.

1 min

Jindal Stainless supplies stainless steel for Vande Bharat sleeper train

Jindal Stainless has supplied stainless steel for the Vande Bharat sleeper coaches, the prototype of which was unveiled by the Minister of Railways, Ashwini Vaishnaw, recently, the steelmaker said in a statement.

1 min

US committed to collaborate with India on global challenges: Biden admin

The US is eager to collaborate with India to address key global challenges, particularly in areas like healthcare, clean energy, and climate change, said Nisha Desai Biswal, Deputy CEO of the US International Development Finance Corporation (DFC).

1 min

India committed advocate of multilateralism, says UNGA president Francis

UN General Assembly President Dennis Francis has praised India as a leader at the United Nations, highlighting its strong commitment to multilateralism.

1 min

Ultra-luxury home sales strong in 2024, Mumbai dominates market with 84% share

Despite rising property prices, the sale of ultra-luxury homes, those priced over Rs 40 crore, has continued to thrive in 2024, ANAROCK observed in a recent report.

1 min

Power generation, transmission sectors to expand 2.2 times by FY2030: Jeffries

India's power generation and transmission sectors are set to experience significant growth, increasing 2.2 times to $280 billion by FY2030, according to a report by Jefferies.

1 min

Shriram Finance to raise $1 bn overseas in next 6 months

Shriram Finance, a NonBanking Financial Company (NBFC), plans to raise $1 billion (approximately Rs 8,300 crore) from overseas markets within the next six months to support its business growth.

1 min

SEMICON INDIA 2024 SET TO BE HELD IN GREATER NOIDA FROM SEP 11-13

A three-day event focused on the semiconductor ecosystem is set to be held from Wednesday to Friday in Greater Noida.

1 min

ROLE AND LEGITIMACY OF INTERIM GOVTS: A CASE STUDY OF BANGLADESH

The recent events in Bangladesh resulting from the student protests leading to ouster of the former Prime Minister Sheikh Hasina has raised several questions, most importantly on the power of the interim government in international law and the significance of such an interim government globally.

3 mins

Surviving chatty passengers

More often than not, I board the early morning train (Shatabdi Express or Vande Bharat) with the gait of an inebriated man because of disturbed sleep during the previous night.

2 mins

Benchmarking in research

The proliferation of research articles published in journals that claim to be international has indeed raised several questions regarding the quality and integrity of academic research.

3 mins

DELHI HIGH COURT ORDERS BSES TO PAY RS10 LAKH COMPENSATION TO WIFE OF MAN WHO DIED DUE TO ELECTROCUTION IN 2017

The court also stated that the mere fact that there was a leakage from the said wire of the private-consumer or shopkeeper cannot allude culpability or any negligence which being on the part of BSES and despite the known general risks associated with electricity transmission, there still remains a contingency that the incident could not have been prevented without a prior complaint made to BSES.

2 mins

Uttarakhand High Court directs Centre to provide records regarding empanelment of IFS Sanjeev Chaturvedi as Joint Secretary

The Uttarakhand High Court in the case Sanjiv Chaturvedi v.Union of India observed and has directed the Centre to provide records which relates to the process and decision-making leading to the empanelment of Sanjeev Chaturvedi, IFS to the position of Joint Secretary at the Centre.

1 min

Bombay High Court: Even appeal for registering FIR under SC/ST will have to be video recorded

The single-judge bench of Justice Sandeep Marne in the case was hearing the petition filed by one Vijay Sapkale, who sought to register an FIR against some private persons, while in an appeal, sought to video-record the proceedings.

2 mins

Kerala High Court orders to give the accused list of documents not relied on by prosecution: Purpose of trial is to unearth truth

The Kerala High Court in the case Varghese Kuruvila v State of Keralaand Others observed and has held that the accused has a right to access all materials which was being gathered during investigation, irrespective of whether the prosecution seeks to rely upon the same.

2 mins

Transport Department to notify new rates for inter-state buses

Following Delhi LG, VK Saxena's visit and inspection of Maharana Pratap ISBT and a subsequent high-level meeting chaired by the LG and attended by Delhi Transport Minister, Kailash Gahlot, the Transport Department is all set to notify new rates and norms for 'to and fro' inter-state buses utilising the iconic bus terminals.

1 min

GST Council meeting: Atishi to oppose taxing online payments

Addressing a press conference here, she said her government and the party would oppose the proposal. At present, online payments made through payment gateways are not taxed, she said.

1 min

Cong workers hold protests demanding local candidates for upcoming elections

Further, he added, \"We have decided that if those two get the tickets, then all of us will launch our independent candidate or we will resign and contest ourselves.

1 min

Roads waterlogged in parts of Delhi after a spell of rain

The national capital was lashed with downpours on Saturday evening too, bringing respite from the humid weather.

1 min

Fire breaks out at textile factory in Bakkarwala

A massive fire broke out at a textile factory in Bakkarwala area of outer Delhi on Sunday morning, officials said.

1 min

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