The Business Guardian - December 13, 2024

In this issue

December 13, 2024

Moody's: lower interest rates and economic momentum to drive Global growth

Moody's has revised its outlook for the global asset management industry in 2025 from negative to stable, citing expectations of lower interest rates and looser monetary policies driving economic growth globally in the next 12-18 months.

1 min

PayU and AWS launch InFINity 2.0 Fintech accelerator in India

PayU, India's leading digital financial services providers, and Amazon Web Services (AWS), the world's most comprehensive and widely adopted cloud platform have launched InFINity 2.0, an accelerator program geared to help early-stage Indian fintech startups scale and succeed.

1 min

India's exports to exceed $1 trillion in 2.5 years: Piyush Goyal

Union Minister for Commerce and Industry Piyush Goyal on Thursday expressed optimism about India's economic growth, projecting that the country's exports will surpass USD 1 trillion within the next two to two-and-a-half years.

1 min

Health Insurance share in non-life grows to 37.1% in FY24

Health insurance in India saw significant growth in recent years; its share in the non-life insurance segment surged to 37.1 percent in FY24 from 24.6 percent, according to a report by Axis Securities.

1 min

PM MODI TO UNVEIL PROJECTS WORTH ₹6,670 CRORE IN PRAYAGRAJ ON DEC 13

Prime Minister Narendra Modi will visit Prayagraj on December 13 to review development projects for Mahakumbh 2025 and launch initiatives worth over Rs 6,670 crore.

1 min

Delhi HC gives Delhi Police 90 days for AQIS probe

The Delhi High Court on Thursday allowed the application of Delhi police seeking an extension of the period of investigation in the AQIS Jharkhand Training Module case.

2 mins

Cabinet Clears 'One Nation, One Election' Bill: Sources

The Union Cabinet on Thursday approved the 'One Nation, One Election' bill in the parliament, marking a significant step towards the electoral process, sources told ANI.

1 min

OPPOSITION PROTESTS AS BJP-CONGRESS CLASH INTENSIFIES: ADANI ROW

Opposition MPs protested against the Centre over the Adani issue, while BJP countered with allegations of Congress links to George Soros, sparking clashes in Parliament.

1 min

SC Bars courts from passing orders on religious structure suits

The Supreme Court on Thursday restrained all courts across the country from passing any effective interim or final order including orders of survey in pending suits against existing religious structures.

2 mins

Delhi HC gives Delhi Police 90 days for AQIS probe

The Delhi High Court on Thursday allowed the application of Delhi police seeking an extension of the period of investigation in the AQIS Jharkhand Training Module case.

2 mins

Ocus Group Drives Urban Excellence with Premium Developments

As a trusted name in the real estate industry, Ocus Group is renowned for its contributions to the hospitality, commercial, and mixed-use development sectors.

1 min

UEL Enhances Support for Indian Students

The University of East London (UEL), named the UK University of the Year 2025 for Teaching Quality by The Times & The Sunday Times, continues to extend its vision of inclusivity, innovation, and global engagement to Indian students.

2 mins

Financial Flexibility with Bajaj Finserv Gold Loan for Expense Management

If one has been searching for an easy and reliable way to unlock the value of their jewellery, a gold loan might be the answer.

1 min

NFO Alert: Who should invest in Bajaj Finserv?

Bajaj Finserv Asset Management Limited recently launched the Bajaj Finserv Healthcare Fund, a thematic fund that invests predominantly in industries and sectors that are tied to the healthcare space.

2 mins

ROX HI-TECH SECURES RS. 40 CR ORDER BOOK IN DIGITAL TRANSFORMATION

\"We are excited to announce this significant milestone, which reflects our ongoing commitment to driving innovation and excellence in the IT solutions domain. Securing a Rs40 Cr order book in digital transformation is a testament to the trust our enterprise clients place in our expertise and strengthens our reputation as a reliable partner in their growth journeys,\" said Jim Rakesh Managing Director

1 min

Why Global Trade Choice is Leading the Rise of AI Trading Globally

Global Trade Choice, the AI-driven trading arm of Global Trade Ventures, is making waves in the investment world by leveraging cutting-edge artificial intelligence to drive exceptional portfolio growth.

1 min

Tax refunds surge 46% in 2024

The Finance Ministry announced on Thursday a significant improvement in the issuance of tax refunds for the financial year 2024-25.

1 min

India on track to achieve 6.5-7% growth this fiscal: CEA

India is on track to achieve its projected economic growth of 6.5-7 per cent in the current fiscal year, reaffirmed Dr V Anantha Nageswaran, Chief Economic Advisor to the Government of India.

1 min

CPI inflation in Nov at 5.48%; declines after three months

India's retail inflation in November was at 5.48 per cent as compared to 6.21 per cent logged in October, falling in line with the Reserve Bank of India's 2-6 per cent comfort band.

1 min

25 states achieve 7%+ GSDP growth since COVID-19 pandemic: Report

India's states have demonstrated remarkable economic resilience in the aftermath of the COVID-19 pandemic, with 25 states achieving over 7 percent growth in their Gross State Domestic Product (GSDP) during FY22 and FY23, according to a report by the PHD Chamber of Commerce and Industry (PHDCCI).

1 min

India's FDI journey hits $1 trillion

A nearly 26 per cent rise in FDI to USD 42.1 billion during the first half of the current fiscal year 2024-25 helped India's gross foreign direct investment (FDI) inflows reach an impressive USD 1 trillion since the start of this century.

1 min

India eyes $7-9 trillion economy by 2030: Arvind Panagariya

India's economy is on track to surpass the USD 7 trillion mark by 2030 even under the conservative growth estimates, according to Arvind Panagariya, Chairman of the 16th Finance Commission.

1 min

PUBLIC SECTOR BANKS' NPAS HIT RECORD LOW

In 2015, RBI's Asset Quality Review identified stressed loans, reclassified them as NPAs, addressing losses, peaking NPAs in 2018.

1 min

HDFC Bank receives warning letter from SEBI

HDFC Bank on Thursday informed stock exchanges that market regulator SEBI has issued an administrative warning letter to the bank, alleging non-compliance with some rules.

1 min

Public Sector Banks treated as ATMs under UPA rule: Sitharaman

Slamming Leader of Opposition Rahul Gandhi for his \"baseless statements\" on the functioning of public sector banks under the Modi government, Union Finance Minister Nirmala Sitharaman said \"PSBs were treated as ATMs for their cronies and shady businessmen,\" during the Congress-led UPA regime.

1 min

JUSTICE FOR ALL: A CASE FOR GENDER-NEUTRAL LAWS IN THE WAKE OF ATUL SUBHASH'S TRAGEDY

This case once again raises the issue of gender-neutral laws. It is not always the husband's family demanding dowry from the wife. What if the wife and her family demand money from the husband and his family members, as seen in Atul's case?

5 mins

Syria: Transition is difficult and instability across the region cannot be discounted

After a decade of warfare, the conflict Syria had settled into a violent, protracted stalemate and the country was in a humanitarian crisis: with an estimated 90 percent of Syrians living below the poverty line, and 60 percent being food insecure.

7 mins

LEGACY OF RBI GOVERNORS

By focusing on key milestones, such as the nationalization of banks, crisis management during wartime and economic liberalization, and addressing contentious issues like demonetization and inflation targeting, the article underscores the RBI governors' roles in shaping India's financial landscape.

5 mins

Supreme Court to hear plea by CCI seeking to transfer Amazon, Flipkart cases

The bench headed by CJI Sanjiv Khanna reverted wherein stating that he has already listed the matter for hearing. 'I have already marked the matter, please check-up the list, we have already done that'

1 min

SUPREME COURT CLARIFIES: NO INTERIM STAY ON BAR ASSOCIATION ELECTIONS BEING HELD STRICTLY AS PER BYE-LAWS, POLICIES

The bench in the case observed that when possession of the immovable property is transferred implicitly upon execution of the sale deed, a separate suit seeking possession of the immovable property is not required under Section 22 of the Specific Relief Act, 1963, SRA.

2 mins

Supreme Court reserves judgement on plea filed by transwoman alleging discrimination in employment due to gender identity

The bench in the case issued a notice on January 2. The court also asked the parties for filing written submissions within the period of 2 weeks.

1 min

Supreme Court stays death sentence of man convicted for killing mother

The Supreme Court in the case Sunil Rama Kuchkoravi Versus The State Of Maharashtra observed and has stayed the death sentence of a man who is being convicted for brutal killing of his own mother and eating her organs.

1 min

Supreme Court: Permanent alimony should not penalise husband but should ensure decent living for wife

The Supreme Court in the case Parvin Kumar Jain Versus Anju Jain observed and has directed the husband to grant permanent alimony of Rs. 5 Crores to the wife as a one-time settlement upon dissolution of the marriage.

2 mins

Supreme Court: Specific performance decree for agreement to sell can be executed without separate relief for possession

The bench clarified that there being no interim stay passed by this Court against holding of elections of the Bar Associations strictly in accordance with their respective constitutions or bye-laws or policies or rules.

1 min

Refrain from making personal remarks: Birla to MPs

Lok Sabha Speaker Om Birla on Thursday condemned the controversial comments made by TMC leader Kalyan Banerjee about Telecom Minister Jyotiraditya Scindia and requested the members to refrain from personal comments on any caste, society, women, or men in their speeches.

1 min

Rajya Sabha adjourned amid ruckus

Amid ruckus in the House, Rajya Sabha was adjourned on Thursday till 11 am on December 13.

1 min

Yamuna Authority is flouting the Land Acquisition Act made in 2013: Sudhir Tyagi

Farmers from 16 villages who lost the case in the Supreme Court addressed the media under the banner of Kisan Kalyan Parishad at the Press Club of India in the capital Delhi.

1 min

India's Maritime History Neglected for Decades, IMHC Attempts to Revive Academic Focus: "Sarbananda Sonowal"

The two-day-long India Maritime Heritage Conclave (IMHC) drew a successful closure as the maiden conclave attempt to revive academic focus on India's maritime history.

1 min

DUBEY RAISES 'SONIA-SOROS' LINK IN LS

BJP leader Nishikant Dubey on Thursday targeted the Congress on George Soros controversy amidst the din in the Lok Sabha.

1 min

Cong, BJP issue three-line whip to LS MPs for Constitution debate

The Bharatiya Janata Party (BJP) and the Congress party have issued a \"three-line whip\" notice for all its Lok Sabha members of parliament (MPs), to be present in the lower house on December 13 and 14 during the scheduled debate on the Constitution of India.

1 min

Read all stories from {{magazineName}}

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.