The Business Guardian - January 02, 2025

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January 02, 2025

Pakistani Dawoodi Bohra girls endure secretive FGM practices: Report

Female genital mutilation (FGM) remains a prevalent yet largely unacknowledged practice among Pakistan's Dawoodi Bohra community, a Shia Muslim sect primarily originating from Gujarat, with estimates indicating that 75 per cent to 85 per cent of Dawoodi Bohra women in Pakistan undergo FGM, according to a report by Al Jazeera.

3 mins

TOBACCO EXPORTS REACH RECORD 12,005 CRORE IN FY2024

India's unmanufactured tobacco exports hit a record ₹12,005.89 crore in 2023-24, marking an 87% growth over five years.

1 min

South Korea to send Jeju Air's flight data recorder to the US for analysis

The South Korean government announced on Wednesday that it will send the flight data recorder from the crashed Jeju Air plane to the United States for further analysis, according to a report by Yonhap News Agency.

1 min

RITES Secures a USD 9.7 Million Contract from Guyana

State-owned company RITES Limited has bagged an order for upgrading a creek highway in Guyana worth staggering USD 9.7 million (excluding taxes), as per a stock exchange filing Wednesday.

1 min

India's Foreign Policy in 2024: Strengthening Ties with Russia

As we enter the year 2025 with more challenges and opportunities, it is a good time to take a look at how India's foreign policy progressed in the year 2024 and the major developments on that front.

2 mins

Going to Kerala to assist govt, not to confront, says New Kerala Guv Arlekar

On December 21, President Droupadi Murmu appointed Rajendra Vishwanath Arlekar as the new Governor of Kerala.

1 min

Manoj Kumar Jha Urges PM Modi to Visit Manipur, Says 'Enough is Enough'

Rashtriya Janata Dal (RJD) leader Manoj Kumar Jha on Wednesday appealed to Prime Minister Narendra Modi, saying, \"Enough is enough,\" he should visit Manipur at least once.

2 mins

MHA Report: CPI (Maoist) seeks expansion along Inter-State borders

The CPI (Maoist), a major Left-Wing Extremist (LWE) organisation responsible for most incidents of violence, has been making efforts to expand to new areas along inter-state borders, albeit \"without any significant success,\" reveals the annual report of the Ministry of Home Affairs (MHA).

2 mins

Air India Launches In-flight Wi-Fi on Domestic Flights, First Indian Airline to Do So

Air India has become the first Indian airline to offer in-flight Wi-Fi, launching the service on select domestic and international flights.

2 mins

Market Capitalisation of NSE Increased to USD 5.13 tn, Up 21.5% in 2024

The Indian stock market witnessed substantial growth in 2024.

1 min

Parmeshwar Metal Limited IPO Opens on 2nd January, 2025

Parmeshwar Metal Limited has announced its plan to go public with an Initial Public Offering (IPO) on January 2, 2025, aiming to raise up to Rs24.74 Cr with shares to be listed on the BSE SME platform.

2 mins

BAJAJ AUTO DOMESTIC SALES SLUMPED IN DECEMBER

According to Bajaj auto exchange filing, the data reflects a mixed performance, with challenges in the domestic market offset by robust export growth. The company also showcased strong year-to-date (YTD) growth, highlighting its resilience in a competitive market. The two-wheeler segment faced headwinds in the domestic market, where sales fell by 19 per cent to 1,28,335 units from 1,58,370 units in December 2023.

1 min

CRISIL Upgrades Suzlon Energy Limited Ratings Second Time in a Year

Suzlon Group, India's leading renewable energy solutions provider, today announced that CRISIL Ratings has upgraded its credit rating to 'CRISIL A' with a Positive Outlook, underscoring the company's robust performance and improved profitability.

1 min

Mahindra & Mahindra Records 16% Increase in December Sales

Automotive company Mahindra & Mahindra (M&M Ltd.) witnessed a 16 percent increase in overall automotive sales, with 69,768 units in December, the company stated on Wednesday in its exchange filing.

1 min

Avail Instant Loans Up to Rs. 5 Lakh with OneScore App

Instant loans provide quick access to funds with minimal paperwork and zero collateral. Processed within hours, they offer a fast solution for various financial needs.

1 min

RBI to sell Rs 4.73 lakh crore govt bonds in March quarter

The central bank informed that the actual amount of borrowings and the details of the States/UTs participating would be intimated by way of press releases.

1 min

Expedite resolution of public grievances: Finmin to banks

The Finance Ministry on Wednesday urged public sector banks (PSBs) and insurance companies to expedite the resolution of public grievances.

1 min

Markets end on a positive note on first trading session of 2025

The Indian stock market began the new year on a positive note, with the Sensex closing 443.09 points higher at 78,582.10, marking a strong start for 2025.

1 min

NPCI Extends Market Cap Deadline for UPI Apps for Another Two Years Till 2026

In a relief to major players like PhonePe and Google Pay, NPCI has extended the deadline for implementing a 30 per cent volume cap on third-party Unified Payments Interface (UPI) apps by another two years till December 31, 2026.

1 min

GST collections in December increase 7.1% to Rs 1.76 lakh crore

CGST, SGST, IGST, and cess all increased year-on-year in December 2024, official data made available showed today.

1 min

Cabinet Approves Extension of Special Package on DAP

The tentative budgetary requirement for above would be approximately upto Rs. 3,850 crore.

1 min

Deadline to file belated/revised ITR extended

The belated income tax returns can be filed if the taxpayer has not filed any ITR on or before the actual deadline and wants to file after the deadline has passed.

2 mins

Rs 2000 notes withdrawal: Rs 6,691 cr worth such notes still with public

On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2000 denomination banknotes from circulation.

1 min

Bharat-Centric Education's Clarion Call, Gyan Maha Kumbh, 2081

Kumbh is also a means to collectively solve various supernatural, physical and spiritual problems of the country. People from every corner of India gather at one place and find solutions to their problems which they are unable to solve at the local level.

3 mins

Parliament's Imprint on Foreign Policy and Some Nuggets

Parliamentary debates and interventions have deeply affected and shaped Indian foreign policy, asserts K V Prasad in his well-researched and much-needed book titled, \"Indian Parliament: Shaping Foreign Policy [KW Publishers-ICWA].\"

3 mins

Stage fright: The hard realities of India's soft power

When basic amenities like sanitation, crowd control, and transportation are neglected, it reflects a lack of respect for both the audience and the performers. The ripple effects are significant.

4 mins

Going to Kerala to assist, not confront govt: Kerala new Guv

Newly appointed Kerala Governor Rajendra Vishwanath Arlekar said on Wednesday that wherever he goes, he does not try to confront the government or the administration; he goes there to assist the government.

1 min

Jalgaon clash: Cong blames Maha govt for law & order failure

Curfew has been imposed in violence-hit Paladhi village of Maharashtra's Jalgaon district after a violent clash broke out between two groups on Tuesday night, police said

1 min

Remarks an 'insult' to faith of Mutt, says Union minister

Questions if Vijayan would dare to make similar statements about other religions

1 min

Wayanad landslide: Kerala Cabinet nod for rehabilitation

Kerala Chief Minister Pinarayi Vijayan on Wednesday said that the state cabinet has approved the rehabilitation plan for the victims of Wayanad landslides that occurred on July 30, last year.

1 min

Will not spare any accused: Maha CM on Beed sarpanch murder case

Maharashtra Chief Minister Devendra Fadnavis on Tuesday asserted that none of the accused in the Beed sarpanch murder case would be spared, underlining that he does not wish to engage in the politics surrounding the matter.

1 min

Andhra sinking in debt, while CM Naidu assets skyrocketing

According to the joint report by ADR and National Election Watch (NEW), Naidu is the richest Chief Minister in the country,

1 min

People gather in large numbers to mark 207th anniv of Koregaon Bhima battle

\"This is a significant day. Babasaheb made a huge contribution to our country. Our country runs on his Constitution,\" she said.

1 min

Kerala CM Slams 'Efforts' to Link Guru With Sanatana Dharma

'Guru was a great sage who transcended Sanatana Dharma'

1 min

Punjab And Haryana High Court Rejected Protection Plea Of Live-In Couple Where One Of Them Was Married With Kids, Says It Would 'Promote Bigamy'

The Punjab and Haryana High Court in the case XXXX v. State of Punjab & Ors observed and has refused to grant protection to a live-in couple wherein one of them was already married and had children.

1 min

Delhi High Court Temporarily Restrained Telugu Actor Manoj Manchu From Making Defamatory Statements About Media Professional Vinay Maheshwari

The Delhi High Court in the case Vinay Maheshwari vs. Manoj Manchu & Ors. observed and has directed Telugu actor Manoj Manchu and few media houses to take down tweets, posts, articles and videos containing defamatory statements against Vinay Maheshwari, a media professional who has held leadership positions in organizations such as Dainik Bhaskar Group, Sakshi Media Group and India TV.

2 mins

Kerala High Court Stayed Proceedings By Police Asking Malayalam Newspaper To Disclose Source On Report About Alleged Data Leak Of PSC Applicants

The Kerala High Court in the case O. Abdurahman v State of Kerala and Another observed and has stayed further proceedings in connection with the notice issued by the police's Crime Branch to Malayalam language newspaper Madhyamam Daily asking it to reveal how it accessed a note by the Kerala Public Service Commission, KPSC which is stated to have the name and password of several PSC applicants available on the dark web.

1 min

Rajasthan High Court Cancels Air Force Personnel's Anticipatory Bail Due To Misrepresentation, Hiding True Facts Like Grievous Injury Caused To Victim

The Jodhpur bench of the Rajasthan High Court in the case Ramesh Kumar v State of Rajasthan & Anr. observed and has cancelled the anticipatory bail of an Air Force personnel which being on the ground that he allegedly misrepresented and hid material true facts when he argued his anticipatory bail which was eventually granted last year.

2 mins

Allahabad High Court: A School's Farm Land Won't Be Leased Without Reasoned Decision By Its Committee Presided By Village/Municipal Council Head

The Allahabad High Court in the case Jai Bhagwan v. State Of Up And 6 Others was hearing the case wherein the Public Interest Litigation, PIL is filed which relates to illegal leasing of land belonging to schools.

2 mins

Jammu and Kashmir High Court: Mediated Settlement Enforceable Only Upon Court Approval and Issuance of Decree

The Jammu and Kashmir and Ladakh High Court in the case Nazir Ahmad Bhat Vs Sehrish Shafi & Ors observed and has reiterated the enforceability of mediated settlements under the Jammu and Kashmir Mediation and Conciliation Rules, 2019.

2 mins

AAP claims BJP, Cong conspiring to demolish Malviya Nagar slum

Reacting to the allegation, the BJP's Delhi unit spokesperson Praveen Shankar Kapoor hit out at Bharti and said he had lost political relevance.

1 min

Police Crackdowns on 'Illegal' Immigrants Infiltrating via Meghalaya

Delhi police have identified more than 25 \"illegal\" immigrants from Bangladesh and have started the process to deport them to their home country, an official said.

1 min

'Give up bad habits of lying, cheating': Sachdeva writes to Kejriwal

Sachdeva further suggested that the former Chief Minister of Delhi keep away from \"lies and deceit\" by improving himself

1 min

BJP Points Arvind Kejriwal's 10 'False Promises'

Bharatiya Janata Party (BJP) MP Sudhanshu Trivedi on Wednesday launched a scathing attack on the AAP and its convenor Arvind Kejriwal and pointed out 10 issues which Kejriwal had promised to change, but he did things contrary to his promise.

1 min

BJP Planning To Demolish Worship Places In City: CM Atishi

Atishi accused BJP, LG of planning to demolish six religious sites, including temples and a Buddhist structure.

2 mins

Cong blasts BJP, AAP for undemocratic practices, Failures

The Delhi Congress has criticized both the BJP and the Aam Aadmi Party (AAP) for the worsening state of affairs in the city.

1 min

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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.