The Business Guardian - September 14, 2024

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September 14, 2024

Rising global debt is a concern : RBI Governor

The Reserve Bank of The India Governor Shaktikanta Das cautioned the world on the rising global debt, which has surged to a staggering USD 315 trillion, equivalent to 333 per cent of global GDP in 2024.

1 min

Indian stock indices took breather after hitting fresh highs

Sensex closed the day at 82,890.94 points, down 71.77 points, or 0.087 per cent, while Nifty closed at 25,356.50 points, down 32.40 points, or 0.13 per cent.

1 min

August passenger car sales drop 1.8% in India, two- wheelers register 9.3% growth

Total passenger vehicle per cent in August to 352,921 units, as against 359,228 units same month last year, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Friday.

1 min

RG KAR CASE: CPI(M) DEMANDS POLICE COMMISSIONER'S REMOVAL

The cadre of Communist T Party of India (Marxist) protested on Friday in Lal bazaar, Kolkata, near the police headquarters to demand justice in the RG Kar Medical College and Hospital rape-murder case and the removal of the Commissioner of Police.

3 mins

TN Govt, RGBSI to set up Electronics & Telematics facility in Hosur

A Memorandum of Understanding (MoU) was signed between RGBSI and the Tamil Nadu government to establish an advanced electronics and telematics manufacturing unit in Hosur with an investment of Rs 100 crore.

2 mins

MEGHALAYA: RAJYA SAINIK BOARD CONCLAVE TACKLES VETERAN WELFARE IN NORTHEAST

A two-day Rajya Sainik Board Directors' conclave was held in Shillong to address veteran welfare issues in the North East region.

1 min

Himachal CM Sukhu chairs all-party meet, urges peace in region

Amid the ongoing protest against the alleged illegally constructed Sanjauli mosque, Himachal Pradesh Chief Minister Sukhvinder Singh chaired an all-party meeting to take stock of the situation in the state.

2 mins

Solarium Green Energy Limited Files DRHP with BSE SME

Solarium Green Energy (Solarium, The Company), specialising in Turnkey solutions, including design, engineering, procurement, testing, installation, commissioning, transmission systems, and comprehensive O&M services, has filed its Draft Red Herring Prospectus with BSE SME in preparation for the IPO, The issue size will be of up to 55,00,000 Equity Shares.

1 min

Max acquires 64 pc stake in Jaypee at an enterprise value of Rs 1660 crore

Max Tax Healthcare on Friday Lannounced the acquisition of a 64 per cent stake in the Jaypee Healthcare, the company informed the exchange in a filing on Friday.

1 min

INDIA'S LARGE OFFICE SPACE TRANSACTIONS SURGE BY 54 PC YOY IN FIRST HALF OF 2024

The demand for large office spaces has seen significant growth in India, with transactions for office spaces above 100,000 sq ft increasing by 54 per cent year-on-year (YoY) in the first half of 2024 (H1 2024), according to a recent report by Knight Frank India, a property consultancy firm.

2 mins

India's priorities in SCO shaped by PM's vision of SECURE, says Commerce Secy

In the 23rd meeting of Ministers from the Shanghai Cooperation Organisation (SCO), Commerce Secretary Sunil Barthwal noted that India's priorities within the SCO align with Prime Minister Narendra Modi's vision of a 'SECURE' SCO, which stands for Security, Economic Development, Connectivity, Unity, Respect for sovereignty and territorial integrity, and Environmental protection.

1 min

Adani Group rejects allegations concerning Swiss bank accounts, terms them baseless

The Adani Group has rejected and denied \"baseless allegations\" over reports concerning freezing of some funds in Swiss bank accounts.

1 min

SEBI chief term all recent allegations as 'false, incorrect, malicious and motivated'

In a joint statement on Friday, SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch out rightly termed the allegations labelled against them in the recent past as \"false, incorrect, malicious and motivated\".

1 min

Govt notifies foreign exchange rules 2024 to simplify investments and ease of doing business

The Ministry of Finance on Thursday notifies the new Foreign Exchange (Compounding Proceedings) Rules 2024 to simplify rules and regulations for foreign investments.

1 min

INDIA'S FOREIGN EXCHANGE RESERVES CONTINUE TO RISE HITTING FRESH HIGH OF $689.2 BILLION

According to the latest data from the RBI released today, India's foreign currency assets (FCA), the largest component offorex reserves, rose by USD5.107 billion to USD 604.144 billion.

1 min

DFPD and FCI sign MoU to boost efficiency in food grain distribution

The Department of Food and Public Distribution (DFPD) and the Food Corporation of India (FCI) have signed a Memorandum of Understanding (MoU) for the fiscal year 2024-25 to improve the efficiency and accountability of food grain procurement and distribution.

1 min

SEBI disposes of co-location case against NSE and others without any further action

The Securities and Exchange Board of India (SEBI) has disposed of proceedings against the stock exchange NSE, its former Vice Chairman Ravi Narain, former Chief Executive Officer Chitra Ramakrishna, former Group Operating Officer Anand Subramanian, and others in the colocation case.

1 min

Vishakhapatnam Bar Association Undertakes Before Supreme Court Not To Abstain From Court Work In Future, After Contempt Notice

The Supreme Court in the case Superwhizz Professionals Pvt.Ltd. v. Union of India & Ors observed wherein the Vishakhapatnam Bar Association has filed an affidavit undertaking that it would not boycott and/or encourage lawyers to abstain from court work in future.

1 min

Supreme Court: Alleged Involvement In Crime No Ground To Demolish Legally Constructed Property, Such Demolition Against Rule Of Law

The Supreme Court in the case Javedali Mahebubmiya Saiyed v. State of Gujarat & Anr. observed that the alleged involvement in a crime is no ground for demolishing a legally constructed property.

2 mins

Supreme Court Warns States/High Courts Which Have Not Filed Compliance Affidavits Establishment Of Gram Nyayalayas

The Supreme Court in the case National Federation Of Societies Foe Fast Justice And Anr.

1 min

BJP On Arvind Kejriwal's Bail: Supreme Court Has Shown Mirror To Delhi Chief Minister, He Should Resign

The BJP stated that the Delhi Chief Minister Arvind Kejriwal should immediately resign from his post as the Supreme Court has granted him only conditional bail and that he continues to be an accused in the corruption case linked to the excise policy 'scam'.

1 min

Supreme Court Sets Aside High Court Condition That Accused Who Got Bail Can Furnish Bail Bonds Only After Spending 6 Months In Custody

The Supreme Court in the case Vikash Kumar Gupta Versus the State Of Bihar observed and has set aside the bail condition imposed by the Patna High Court to the effect that the bail bonds needs to be furnished by the accused after completion of 6 months in custody which being from the date of the order.

1 min

UPSC aspirants death case: Delhi HC grants interim bail to 4 co-owners of basement

The Delhi High Court on Friday granted interim bail to four co-owners of a basement linked to the tragic deaths of three IAS aspirants in Old Rajinder Nagar.

1 min

'Jail Wala' CM now 'Bail Wala': BJP's Gaurav Bhatia takes jibe at Kejriwal

Bharatiya Janata Party (BJP) leader Gaurav Bhatia on Friday took a jibe at Delhi Chief Minister Arvind Kejriwal saying the 'jail wala' CM has become a 'bail wala' CM now.

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.