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The Business Guardian - February 28, 2025
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In this issue
February 28, 2025
MLC Elections Underway in Andhra, NDA Guntur Candidate Alapati Prasad Confident of Victory
Voting for the Member of the Legislative Council (MLC) polls in Telangana and Andhra Pradesh got underway on Thursday, with voting taking place from 8 am to 4 pm. The counting of votes will be done on March 3.
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1 min
IMF Denies Pakistan's Request for Sales Tax Exemption on Electric Vehicles
The International Monetary Fund (IMF) has rejected Pakistan's proposed sales tax exemption on electric vehicles (EVs), stressing that the tax rates should remain in line with standard policies, The Express Tribune reported.

1 min
RBI's New Governor Adopting a More Consultative Approach in Decision Making: Nuvama
The RBI's decision to roll back increased risk weightage on loans to NBFCs and MFIs reflects a more consultative approach under its new Governor.
2 mins
ONGC Chief: Northeast Holds Vast Hydrocarbon Potential
The Advantage Assam 2.0 Investment and Infrastructure Summit 2025 concluded on a high note, with a staggering investment commitment of Rs 491,500 crore, signaling a major leap in Assam's economic development.
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2 mins
BJP's Mohan Singh Bisht Pledges to Expose AAP Scams
BJP MLA Mohan Singh Bisht, ahead of the motion for his appointment as Deputy Speaker of the Delhi Assembly, pledged to expose all previous scams linked to the Aam Aadmi Party (AAP).
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2 mins
Cooperation Enabled Operation of 16,000+ Trains for Mahakumbh: Ashwini Vaishnaw
As the 45-day-long Mahakumbh 2025 concluded, Union Railway Minister Ashwini Vaishnaw said that everyone's cooperation allowed them to work in close coordination and operate more than 16,000 trains for the event.
2 mins
Delhi CM Meets Public, To Propose Mohan Singh Bisht As Deputy Speaker
Delhi CM Rekha Gupta meets supporters ahead of proposing Mohan Singh Bisht for Deputy Speaker in Assembly.
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1 min
Zelenskyy to Meet Trump, Set to Sign "Major Agreement"
US President Donald Trump will host Ukrainian President Volodymyr Zelenskyy on Friday to sign what he called \"a very big agreement\" to share revenue from Ukraine's rare earth mineral deposits, even though the two leaders remain far apart on whether the US will provide security guarantees for Ukraine once its war with Russia is over, Politico reported.
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1 min
Informa Markets Expands Clean Energy Event with Asia Sustainable Energy Week 2025
Informa Markets, a global leader in trade exhibitions and business matching, is set to elevate its flagship ASEAN's clean energy event to new heights with Asia Sustainable Energy Week 2025 (ASEW).
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2 mins
Quinnox AI (QAI) Studio: Accelerating enterprise AI innovation
Quinnox, an AI-first, digital-native technology leader, is driving AI-powered transformation through QAI Studio, a dedicated AI innovation lab designed to help enterprises fast-track AI adoption and achieve measurable business outcomes.
1 min
16,000+ Trains Ran Smoothly for Mahakumbh: Everyone's cooperation allowed us to work in coordination and operate more than 16,000 trains for Mahakumbh: Ashwini Vaishnaw
Everyone's cooperation allowed us to work in coordination and operate more than 16,000 trains for Mahakumbh: Ashwini Vaishnaw
2 mins
Medtronic, Philips to train 300+ clinicians in heart imaging
Medtronic, a leader in medical technology and Philips, a leader in health technology announced the signing of a Memorandum of Understanding (MoU) in India, to educate and train cardiologists and radiologists on advanced imaging techniques for structural heart diseases.
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1 min
Shinde Praises Mahakumbh management, assures action in Pune rape case
Maharashtra Deputy Chief Minister Eknath Shinde on Thursday praised the management in Mahakumbh by Uttar Pradesh Chief Minister Yogi Adityanath's government.
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1 min
India's GST collections surge in January 2025: Gross up 12.3%, net rises 10.9%: NCAER report
GST collections, gross and net, achieved robust double-digit growth of 12.3 per cent and 10.9 per cent respectively in January 2025, as compared to subdued growth of 7.3 per cent and 3.3 per cent in December 2024, according to NCAER monthly review.

1 min
Axis Max Life Celebrates Trust, Honors Advisors With 'Bharose Ka Tour'
Axis Max Life Insurance Ltd., formerly known as Max Life Insurance Company Ltd., (\"Axis Max Life\"/ \"Company\") has undertaken a nationwide Life Advisor-led customer engagement initiative, the \"Bharose Ka Tour\".
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2 mins
Domestic Air Traffic Rises 11% in January
Domestic air traffic grew 11.28 per cent to 1.46 crore in January compared to the year-ago period, according to official data.
1 min
Goyal Urges Businesses to Prioritize Inclusive Growth, Quality
Union Commerce and Industry Minister on Thursday urged that businesses will also have to cater to the agenda of inclusive development through better CSR initiatives, the Ministry of Commerce & Industry said on Thursday.
1 min
SEBI Issues Regulatory Framework for SIFs
Markets watchdog SEBI on Thursday came out with a regulatory framework for Specialized Investment Funds (SIFs) requiring a minimum investment of Rs 10 lakh across all strategies.
1 min
'India can be the engine of global growth,' says FM Sitharaman
Finance Minister Nirmala Sitharaman emphasized India's potential to lead the global technology landscape, highlighting the country's ability to implement advancements at a population scale.
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1 min
Indian Economy Shows Positives Despite Headwinds: NCAER
The Indian economy showed some positives in January despite facing global headwinds, the National Council of Applied Economic Research (NCAER) noted in its February economic review, pointing to the turnaround in indicators like the manufacturing Purchasing Managers' Index, goods and services tax (GST) collections and data on auto sales.
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1 min
NBFC Stocks Surge as RBI Lowers Risk Weight on Bank Finance to NBFC, Microfinance Loans
NBFC and microfinance stocks, AU Small Finance Bank, saw significant gains
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2 mins
Indian Stock Market Slips for Fifth Consecutive Series for First Time in 29 Years
Indian stock markets on Thursday ended near the flatline, slipping for the fifth consecutive series for the first time in 29 years.

1 min
STORY OF ANANT AMBANI & PARROT
Mukesh Bhai and Nita Bhabhi have immersed Anant in the essence of values and culture.
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4 mins
India-Qatar: Emerging Diplomatic Relations
Both countries aim to double their trade to $28 billion by 2030. Once India's proposed UPI services are fully implemented in Qatar, both countries will have the option to switch to smoothly trade in local currencies.
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5 mins
Pandora's Box: The Delimitation of Parliamentary Seats
Delimitation is mandated by Articles 82 and 170 of the Indian Constitution. The delimitation process is carried out by the Delimitation Commission, which is set up under a law passed by Parliament.

6 mins
Punjab and Haryana High Court states: Ensure compliance with all mandatory provisions of Mental Health Care Act
The Punjab and Haryana High Court in the case Pushpanjali Trust Versus State Of Punjab And Others observed and has directed both the states to ensure compliance with all the mandatory provisions of the Mental Health Care Act, 2017.
1 min
Karnataka High Court in PIL against govt order making appointments to implement 5 guarantees of Congress: 'Depicts unwelcome state of affairs'
The Karnataka High Court in the case P Rajeev AND State of Karnataka & Others observed and has issued notice to the State Government on a public interest litigation, PIL filed questioning the appointments of Chairman, Vice Chairman and other members to the State, District and BBMP level committees formed for implementation of the five guarantees in the state.
2 mins
Supreme Court to consider: Can High Courts declare to be barred while exercising jurisdiction under Article 227?
The Supreme Court in the case K. Valarmathi And Ors Kumaresan observed and is set to consider the issue of whether High Courts under the supervisory jurisdiction under Article 227 of the Constitution can declare a suit filed in trial court as barred, akin to the power under Order 7 Rule 11 of Civil Procedure Code, CPC.
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1 min
Supreme Court stays Centre's notification exempting certain construction projects from environmental clearance
The Supreme Court in the case Vanashakti v. Union of India observed and has stayed the central government's notification exempting certain building and construction projects from mandatory prior environmental clearance.

2 mins
Kerala High Court Grants Police Protection to Interfaith Couple from Jharkhand Who Fled to Kerala and Got Married
The Kerala High Court Asha Verma v Director General of Police in the case observed and has ordered for police protection to an interfaith couple from Jharkhand who fled their home state due to threat from their families, came to Kerala and got married.
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1 min
Supreme Court Seeks Centre's Response on Compensation for Those Who Died Due to Covid Vaccination Adverse Effects
The bench in the case was considering a Special Leave Petition filed against the Kerala High Court's interim order, wherein various issues related to Adverse Events Following Immunization, AEFI were raised.
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1 min
Pune Rape: Police Releases Poster of Wanted Accused
NCP(Sharad) leaders stage protest, demand strict action against culprit
1 min
25 Indian Fishermen Held by Sri Lanka Return to Chennai
A group of 25 Indian fishermen who were sent back from Sri Lanka arrived at the Chennai International Airport on Thursday.
1 min
SC Refuses to Interfere on Union Carbide Plant Waste Disposal Order
The Supreme Court on Thursday clarified that it will not intervene in the matter concerning the disposal of waste at the Union Carbide Plant as the Madhya Pradesh High Court is already monitoring it.

1 min
Amit Shah's assurance on delimitation not credible, says Karnataka CM
Claiming the future delimitation process as a 'disadvantage' to Southern states, Karnataka Chief Minister Siddaramaiah on Thursday termed Amit Shah's assurance to Southern states of any disadvantage in the delimitation process as not 'trustworthy'.
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1 min
Not known to speak facts: DMK after Shah's attack over corruption
After Union Home Minister Amit Shah attacked the ruling DMK party in Tamil Nadu, accusing it of corruption, Dravida Munnetra Kazhagam (DMK) leader TKS Elangovan said that these people are known for speaking things that are not true.
1 min
The Business Guardian Newspaper Description:
Publisher: ITV Network
Category: Newspaper
Language: English
Frequency: Daily
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.
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