CATEGORIES

LENDERS SEEK RBI NOD TO TRANSFER JAIPRAKASH ASSOCIATES LOAN TO NARCL
The Business Guardian

LENDERS SEEK RBI NOD TO TRANSFER JAIPRAKASH ASSOCIATES LOAN TO NARCL

SBI-led lenders seek RBI approval to transfer JAL’s Rs 18,000 crore debt to NARCL for a Rs 10,000 crore acquisition

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2 mins  |
May 03, 2024
NPCI International to aid Namibia in developing UPIlike instant payment system
The Business Guardian

NPCI International to aid Namibia in developing UPIlike instant payment system

NPCI International Payments Limited (NIPL) has entered into an agreement with the Bank of Namibia (BoN) to assist in the development of an instant payment system akin to Unified Payment Interface (UPI) for Namibia, according to a statement.

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1 min  |
May 03, 2024
Unorganized sector pension planattracts just 5 mm subscribers in 5 years
The Business Guardian

Unorganized sector pension planattracts just 5 mm subscribers in 5 years

Since its launch in March 2019, the government’s primary pension scheme for unorganized sector workers, Pradhan Mantri Shram Yogi Maandhan (PMSYM) yojana, has garnered just over 5 million subscribers.

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2 mins  |
May 03, 2024
Andhra Tobacco prices set to surge following crop failures in Brazil and Indonesia
The Business Guardian

Andhra Tobacco prices set to surge following crop failures in Brazil and Indonesia

Tobacco farmers in Andhra Pradesh are poised to gain following decreased crop yields in Brazil, Zimbabwe, and Indonesia due to adverse weather conditions.

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1 min  |
May 03, 2024
India's economy to expand 6.6% over two years
The Business Guardian

India's economy to expand 6.6% over two years

India’s GDP growth forecast for the just concluded financial year 2023-24 stands at a robust 7.8 percent, as per the latest Economic Outlook by the Organisation for Economic Co-operation and Development (OECD).

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1 min  |
May 03, 2024
Digital surveys with AI to improve crop acreage estimates
The Business Guardian

Digital surveys with AI to improve crop acreage estimates

India is poised to revolutionize its agricultural statistics system through the implementation of routine digital crop surveys, bolstered by advanced analytics and artificial intelligence (AI) capabilities.

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2 mins  |
May 03, 2024
GOVT CRACKS DOWN ON SPICE QUALITY AFTER MDH, EVEREST CONTROVERSY
The Business Guardian

GOVT CRACKS DOWN ON SPICE QUALITY AFTER MDH, EVEREST CONTROVERSY

Uttarakhand’s Commissioner of Food Safety mandates comprehensive testing of locally manufactured spices to ensure top quality and restore consumer trust.

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2 mins  |
May 03, 2024
Maharashtra State Armwrestling Championship 2024: Dara Singh Handa reigns supreme
The Business Guardian

Maharashtra State Armwrestling Championship 2024: Dara Singh Handa reigns supreme

Nagpur's Dara Singh Handa emerged as Champion of Champion winner in the Senior Men's category (Senior Right-Hand category) at the 35th Maharashtra State Armwrestling Championship 2024, which was held at Karmaveer Dadasaheb Kannamwar Engineering College, Nagpur.

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1 min  |
May 02, 2024
CM and Deputy CM pay tribute to those who lost lives for Samyukta Maharashtra Movement
The Business Guardian

CM and Deputy CM pay tribute to those who lost lives for Samyukta Maharashtra Movement

Maharashtra Chief Minister Eknath Shinde paid tribute to those who sacrificed their lives for the Samyukta Maharashtra Movement at Hutatma Chowk on the occasion of the 64th Maharashtra Foundation Day in Mumbai on Wednesday.

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1 min  |
May 02, 2024
'Congress does not have anything except fake narratives,' says Piyush Goyal
The Business Guardian

'Congress does not have anything except fake narratives,' says Piyush Goyal

Union Minister and Bharatiya Janata Party (BJP) candidate from Mumbai North Lok Sabha seat Piyush Goyal hailed Prime Minister Narendra Modi and launched a scathing attack on the Congress party saying that it is finished.

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1 min  |
May 02, 2024
Supreme Court Rejected Plea To Postpone CA Exams Due To Lok Sabha Elections, Says Will Affect Over 4 Lakh Students
The Business Guardian

Supreme Court Rejected Plea To Postpone CA Exams Due To Lok Sabha Elections, Says Will Affect Over 4 Lakh Students

The Supreme Court in the case Varad Balwant Vasant And Ors observed and has rejected the petition to postpone the CA exams held by the Institute of Chartered Accountants of India, ICAI in view of Lok Sabha elections.

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1 min  |
May 02, 2024
RIPPLES OF COVID-19 STILL BEING FELT
The Business Guardian

RIPPLES OF COVID-19 STILL BEING FELT

There is suddenly major hue and cry over the British-Swedish pharmaceutical company AstraZeneca's admission in court that its anti Covid vaccine, which has been manufactured and marketed in India as Covishield, may have some rare side-effects of blood clotting known as TTS, apart from loss of platelets.

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3 mins  |
May 02, 2024
EXPERTS CAUTION PAKISTAN ABOUT WORSENING FOOD INSECURITY CRISIS, ADVOCATE PRIORITIZING QUALITY SEED PRODUCTION
The Business Guardian

EXPERTS CAUTION PAKISTAN ABOUT WORSENING FOOD INSECURITY CRISIS, ADVOCATE PRIORITIZING QUALITY SEED PRODUCTION

Agricultural experts have raised concerns about the escalating food insecurity crises, emphasising the urgent need for high-quality seeds in farming practices, The Express Tribune reported.

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1 min  |
May 02, 2024
PAKISTAN AIMS TO SETTLE PKR 550 BILLION DEBTS OWED TO CHINESE POWER PRODUCERS AHEAD OF PM SHARIF'S TRIP TO BEIJING
The Business Guardian

PAKISTAN AIMS TO SETTLE PKR 550 BILLION DEBTS OWED TO CHINESE POWER PRODUCERS AHEAD OF PM SHARIF'S TRIP TO BEIJING

Chinese power dues currently stand close to PKR 550 billion, with disruptions observed in timely payments under the revolving fund in recent months.

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2 mins  |
May 02, 2024
Microsoft invests in OpenAl over concerns of Google's lead
The Business Guardian

Microsoft invests in OpenAl over concerns of Google's lead

An internal email disclosed on Tuesday as part of the Justice Department's antitrust case against Google revealed that Microsoft Corp. was driven to invest significantly in and collaborate with OpenAI due to a perceived lagging behind Google.

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1 min  |
May 02, 2024
The Business Guardian

Singapore Airlines to compensate Indian couple Rs 2L for seat malfunction

Singapore Airlines has been directed to provide compensation of more than Rs 2 lakh to an Indian couple following a malfunction in the automatic recliner seats in the business class.

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1 min  |
May 02, 2024
FirstCry CEO's salary halved to Rs 8.6 cr/month
The Business Guardian

FirstCry CEO's salary halved to Rs 8.6 cr/month

Supam Maheshwari, the founder and CEO of FirstCry, experienced a 49% reduction in his monthly pay, dropping to Rs 8.6 crore during the first three-quarters of FY24, down from Rs 16.7 crore the previous year.

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1 min  |
May 02, 2024
Instagram to boost original content recommendations: details
The Business Guardian

Instagram to boost original content recommendations: details

Instagram, the social media platform owned by Meta, has unveiled modifications to its ranking algorithms.

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1 min  |
May 02, 2024
INDIA-MADE MICRON CHIPS TO DEBUT GLOBALLY IN 2025
The Business Guardian

INDIA-MADE MICRON CHIPS TO DEBUT GLOBALLY IN 2025

The first India-made semiconductor chips will roll out from Micron Technology's packaging unit in Gujarat's Sanand in the first half of 2025

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2 mins  |
May 02, 2024
The Business Guardian

GST COLLECTION FOR APRIL 24 SURGES TO RS 2.10 LAKH CR, POSTS 12.4% Y-0-Y GROWTH

The GST collection figures, notes Aditi Nayar, Chief Economist, ICRA, displays an impressive double-digit expansion and reflecting the collections for the previous month, which typically include year-end adjustments made by the taxpayers.

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3 mins  |
May 02, 2024
Commercial LPG prices get a preelection cut of Rs 19
The Business Guardian

Commercial LPG prices get a preelection cut of Rs 19

Amidst the bustling activity of the ongoing polling for the 18th Lok Sabha, a welcomed respite has emerged for the populace as oil marketing companies have taken a decisive step to alleviate some financial strain.

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2 mins  |
May 02, 2024
UPI transactions see slight dip to Rs 19.64 trillion in April
The Business Guardian

UPI transactions see slight dip to Rs 19.64 trillion in April

In April, Unified Payment Interface (UPI) transactions witnessed a slight decline in both volume and value compared to March 2024, marking a decrease of 1 percent and 0.7 percent, respectively.

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2 mins  |
May 02, 2024
The Business Guardian

India & Australia join forces, boosting women leaders in industry

The Confederation of Indian Industry (CII) and the Business Council of Australia (BCA) have joined forces to launch the India-Australia Women's Leadership Forum, aiming to bolster gender diversity and empowerment in the corporate sphere.

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2 mins  |
May 02, 2024
Maruti Suzuki leads April sales with 1.68 lakh units, Hyundai exports up 58.8%
The Business Guardian

Maruti Suzuki leads April sales with 1.68 lakh units, Hyundai exports up 58.8%

\"Hyundai Motor India registered total sales of 63701 units in April 2024, a 9.5 per cent growth year-on-year with domestic sales at 50201 units, driven by SUVs which contributed 67 per cent of HMI domestic sales.

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3 mins  |
May 02, 2024
The Business Guardian

AGRI, SERVICES GRAB BIGGER PIE OF LOANS, BANK CREDIT GROWS 16.3% IN MARCH 2024

On a yoy basis, non-food bank credit registered a growth of 16.3 per cent in March 2024, as compared with 15.4 per cent a year ago, Reserve Bank of India said on Wednesday.

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2 mins  |
May 02, 2024
Ravindra Waikar to contest from Mumbai North West Lok Sabha seat on Shiv Sena ticket
The Business Guardian

Ravindra Waikar to contest from Mumbai North West Lok Sabha seat on Shiv Sena ticket

The Shiv Sena on Tuesday nominated Ravindra Waikar as its candidate from Mumbai North West Lok Sabha constituency, a party leader said.

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1 min  |
May 01, 2024
The Business Guardian

SUPREME COURT EXTENDED STAY ON TRIAL OF BJP LEADER KANNAMALAI OVER ALLEGED REMARKS AGAINST CHRISTIAN MISSIONARY NGO TILL SEPT

The Supreme Court in the case K Annamalai. V Piyush observed and has expressed till September the stay on trial against Tamil Nadu Bhartiya Janata Party, BJP leader K Annamalai over his alleged remarks against a Christian missionary non-profit.

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1 min  |
May 01, 2024
SUPREME COURT RESERVED JUDGEMENT: CAN ACCUSED BE ASKED TO SHARE GOOGLE PIN WITH INVESTIGATION OFFICER AS BAIL CONDITION?
The Business Guardian

SUPREME COURT RESERVED JUDGEMENT: CAN ACCUSED BE ASKED TO SHARE GOOGLE PIN WITH INVESTIGATION OFFICER AS BAIL CONDITION?

The Supreme Court in the case Frank Vitus v. Narcotics Control Bureau and Ors., observed that asking the accused to share his Google PIN to enable access to his live location to the investigation officer could not be a condition for the grant of bail.

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2 mins  |
May 01, 2024
Tata sons boosts Tata play stake to 70% as Temasek exits
The Business Guardian

Tata sons boosts Tata play stake to 70% as Temasek exits

Tata Sons, the parent company of India’s Tata Group, has raised its ownership in satellite TV provider Tata Play to 70% by purchasing a 10% stake from Singapore’s state investment firm Temasek for approximately $100 million.

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1 min  |
May 01, 2024
The Business Guardian

RBI directs banks, NBFCs to ensure fairness, transparency in loan activity

The Reserve Bank of India (RBI) on Monday asked banks and all non-banking financial companies (NBFCs), on priority, to reassess their practices to ensure that they are fair and transparent in charging of interest.

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1 min  |
May 01, 2024