The Business Guardian - June 16, 2024

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June 16, 2024

PM Modi to release Rs 20,000 cr under PM KISAN scheme in Varanasi

Prime Minister Narendra Modi will visit Varanasi on June 18 to release Rs 20,000 crore under the Pradhan Mantri Kisan Samman Nidhi (PMKISAN Nidhi) scheme.

2 mins

ROBUST ORDERS, FTAS TO DRIVE EXPORTS

Improved demand coming in from the European Union, UK, West Asia and the US, which has given an order boost to exporters with over 10 per cent bookings, is widely expected to push exports into higher trajectory into the new fiscal FY25 even as a stubborn upside in trade deficit -- accentuated by 7.7 per cent, month-on-month growth in imports during May 2024 at US$ 61.91 billion which pushed up the trade deficit for the month to US$ 23.78 billion - continues to worry trade experts, exporters and government stakeholders.

5 mins

Indian textile exports surge by 9.59 pc in May despite global economic challenges

Despite unfavourable economic conditions in major markets such as the European Union (EU), the US, and West Asian nations, Indian textile exports grew by 9.59 per cent compared to the previous year in May 2024, the Confederation of Indian Textile Industry (CITI) said in a report.

1 min

Modi, Macron bilateral emphasises furthering India-France defence cooperation

Prime Minister Narendra Modi and French President Emmanuel Macron agreed to further intensify strategic defence cooperation with an increased focus on 'Make in India' when both leaders met on the sidelines of the G7 Summit held in Italy.

2 mins

PM Modi calls for mass usage of technology, not monopolising it

In his brief address at the Outreach Session of the recent G7 Summit held in Italy, Prime Minister Narendra Modi touched upon three key aspects that India is prioritizing: technology and Artificial Intelligence, energy security, and affordability, and last mile service delivery to its people.

1 min

DCB Bank positioned for robust growth

DCB Bank has been promoted by the Aga Khan Fund for Economic Development and the Platinum Jubilee Investments Ltd holding a combined shareholding equity of 14.77%.

2 mins

India to auction about 62 coal blocks next week with no end-use restriction

The Ministry of Coal, under the leadership of Union Minister G Kishan Reddy, is set to launch the 10th round of commercial coal block auctions next week.

1 min

Tata Motors gets 5 star safety rating for Punch.ev, Nexon.ev

Having seen both commercial vehicles (CV) and passenger vehicles (PV) businesses grow sizably in the past few years.

2 mins

Minda Corp signs JV with Taiwan firm for sunroof solutions etc

Minda Corporation, automotive components supplier to OEMs and tier-1 customers has signed an agreement with HSIN Chong Machinery Works Co from Taiwan, manufacturer of automotive sunroof and closure systems.

1 min

SKODA INDIA EQUIPS KUSHAQ ONYX WITH AUTOMATIC TRANSMISSION

Škoda Auto India, in its strategy of continuous product actions, has implemented one more enhancement in its 5-star safe fleet -- the introduction of the Kushaq Onyx AT.

2 mins

RENOWNED AUTHOR ARUNDHATI ROY FACES UAPA TRIAL

Arundhati Roy, a well-known author, is set to be tried under the Unlawful Activities (Prevention) Act (UAPA) for allegedly advocating Kashmir's separation from India.

1 min

Bones, other remains recovered go missing, CBI tells court

In a startling development, the bones and other remains believed to be those of Sheena Bora, recovered by the police in Raigad, Maharashtra, have reportedly gone missing.

1 min

Rajat Sharma files defamation suit against Congress leaders

Veteran journalist Rajat Sharma asserted before the Delhi High Court on Friday that he was defamed by Congress leaders Ragini Nayak, Jairam Ramesh, and Pawan Khera through the use of \"abusive language\" during his show on the day of the Lok Sabha election results.

2 mins

Court orders removal of Kejriwal's court address video by wife

The Delhi High Court has taken action regarding a video featuring AAP leader Arvind Kejriwal addressing the court on March 28, issuing notices to Sunita Kejriwal, wife of the Chief Minister, as well as social media platforms like Facebook and YouTube. The court directed them to remove or refrain from reposting the said video.

1 min

CITROËN TO SUPPLY CAB-E 2000 Ë-C3 EVS IN MUMBAI

Citroën, leading French car manufacturer, has signed a memorandum of understanding (MoU) with CAB-EEZ Infra Tech Pvt (Cab-E), a prominent urban e-mobility company to introduce over 2000 Citroën ë-C3 electric vehicles (EVs) over the year in Cab-E's fleet in the Mumbai and Pune region, advancing sustainable urban mobility.

1 min

MICHELIN UNVEILS FUEL-EFFICIENT CV TYRE WITH 15% FUEL SAVINGS

Michelin,tyre technology leader, has launched its most fuel-efficient truck and bus tyre, the MICHELIN X Multi Energy Z+, for the Indian market specially engineered for Indian road and load conditions, taking into account the growing demand for fuel-efficient tyres by Indian fleet owners.

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.