SIDBI partners with fintech KarmaLife for micro-loans to gig workers

With the gig economy rapidly growing in India, organisations like the Small Industries Development Bank of India (SIDBI) is entering into agreement with fintechs to tap the pressing need to provide affordable and accessible financial support to non-salaried gig workers providing their services through gig platform aggregators for livelihood.

RBI continued accumulation of gold reserve

The Reserve Bank of India (RBI) stood out with its continued accumulation of gold reserves. Weekly data from the RBI revealed a 6-tonne increase in gold holdings in February alone.

WE EXPECT MERCHANDISE EXPORTS AT $435-440 BN IN FY24: AJAY SAHAI

There has been transformation in India's exports led by the Government's treatment of exports as a matter of national priority, infrastructure investment, and Prime Minister Narendra Modi's best equations with some key counterparts which have helped in top FTA deals, Director General & CEO of Federation of Indian Export Organisations Ajay Sahai tells The Sunday Guardian

SUPREME COURT UPHOLDS AMRAVATI MP NAVNEET RANA'S SCHEDULE CASTE CERTIFICATE, SETS ASIDE BOMBAY HIGH COURT JUDGEMENT

The Supreme Court in the case Navneet Kaur Harbhajansingh Kundles @ Navneet Kaur Ravi Rana v. The State of Maharashtra and Ors.

Bombay HC orders premature release of gangster Arun Gawli

The Nagpur bench of Bombay High Court has ordered the premature release of gangster-turned-politician Arun Gawli who was serving his life sentence in Nagpur Central Jail.

BJP made bow-and-arrow symbol disappear from many parts of Maharashtra: Sena UBT)

The Shiv Sena (UBT) has accused the BJP of making the bow-and-arrow symbol disappear from many parts of Maharashtra after the saffron party started claiming the seats that were earlier contested by the undivided Shiv Sena.

Elgar Parishad-Maoist links case: SC grants bail to activist Shoma Kanti Sen

The Supreme Court on Friday granted bail to academic- activist Shoma Kanti Sen, who was arrested in June 2018 in connection with the Elgar Parishad-Maoist links case.

Drugs worth Rs 9 crore seized from passenger at Nagpur airport

The customs department said its officials on Thursday morning seized narcotics drugs worth Rs 8.81 crore from a passenger who arrived at the Nagpur international airport from Uganda, and placed him under arrest.

'All 48 seats in Maharashtra belong to MVA': Sanjay Raut

Rajya Sabha MP and Uddhav Thackery faction leader Sanjay Raut said on Friday that all 48 seats in Maharashtra belong to Maha Vikas Aghadi and not particularly to any one of its constituents.

THE DIAMOND INDUSTRY ADVOCATES FOR TRANSPARENCY

The natural diamond industry is raising awareness about the importance of transparency.

SUPREME COURT EXPLAINS: ARE CIVIL COURTS' DECREES BINDING ON CRIMINAL COURTS

The Supreme Court in the case Prem Raj Versus Poonamma Menon And Anr. observed that though the outcome of the proceedings initiated under civil law would not have any binding effect on the outcome of the proceedings which are being initiated under criminal law, thus, the outcome of the civil proceedings would be binding on the criminal proceedings initiated only to the extent of holding the sentences or damages arising out of criminal proceedings as unsustainable in law.

SUPREME COURT REFUSED TO ENTERTAIN PLEA SEEKING COOLING-OFF PERIOD FOR PUBLIC SERVANTS BEFORE CONTESTING ELECTIONS

The Supreme Court in the case G.V. Harsha Kumar versus Election Commission of India & Anr. observed and has dismissed as withdrawn the petition filed seeking imposition of a cooling off period on public servants to prevent them from contesting elections on political party tickets immediately after discontinuation of their service.

DELHI HIGH COURT AWARDS RS244 CRORES DAMAGES TO ERICSSON IN SUIT AGAINST LAVA OVER PATENTS INFRINGEMENT

The Delhi High Court in the case Lava International Limited v. Telefonaktiebolaget LM Ericsson and other connected matter observed and had awarded an amount of Rs. 244 crores damages to Ericsson in a suit filed by it against Lava International Limited over the infringement of Standard Essential Patents, SERs.

McDonald's buys all Israeli franchise restaurants amid boycotts

Aljazeera said that McDonald’s announced it will purchase its 30-year-old Israel franchise from Alonyal Ltd., taking back control of 225 outlets that employ more than 5,000 people.

Government announces sale of Pakistan International Airlines majority shares

The federal government of Pakistan is considering a significant move that could reshape the aviation landscape of the country.

USD 16 MILLION TO SUPPORT WOMEN-LED BUSINESSES IN AFGHANISTAN, SAYS WORLD BANK

According to the World Bank, the initiative will be centred in 15 provinces in Afghanistan: Kabul, Kunduz, Nangarhar, Parwan, Samangan, Sar-e Pol, Takhar, Herat, Dykundi, Faryab, and Jawzjan, reported Khaama Press

Royal Orchid ventures into upscale hotels, secures Mumbai Airport property

Royal Orchid Hotels Ltd, which operates Royal Orchid and Regenta Inn brands, has signed an agreement for a 300 room five-star hotel property at Mumbai airport’s terminal 2, chairman and managing director Chander K. Baljee said on the sidelines of the HICSA hospitality event.

Blinkit partners with Sony: 10-mnt delivery for play station 5 slim

Quick commerce platform Blinkit, owned by Zomato, has joined hands with Sony to distribute the PlayStation 5 Slim edition gaming console in India, set to debut on April 5.

Apple slashes 600 Jobs in US amid car and screen project halts

Apple Inc. laid off more than 600 employees in California as part of the decisions to end its car and smartwatch display projects, according to filings with the California Employment Development Department.

AIR INDIA PILOTS UNITE WITH VISTARA CREW: FATIGUE AND PAY CONCERNS

Pilots at another Tata Group-owned airline joined crew at Vistara in voicing concerns about being overworked and underpaid

SC to hear all online gaming GST cases together

The Supreme Court has taken a significant step by consolidating multiple petitions challenging the imposition of a 28% Goods and Services Tax (GST) on online gaming companies.

Congress manifesto vows removal of 50% reservation cap, caste census, and legal MSP guarantee

The Congress party has unveiled its election manifesto, promising a slew of ambitious measures across various sectors if elected to power.

Govt aims 7-fold increase in wheat procurement from UP, Raj, Bihar this year

In the midst of the ongoing Lok Sabha election fervour, the Central government has announced ambitious plans to ramp up wheat purchases from non-traditional states, namely Uttar Pradesh, Rajasthan, and Bihar.

INDIA SET TO HALT UREA IMPORTS BY END OF 2025, SAYS MANSUKH MANDAVIYA

Minister Mandaviya underscores India’s shift towards promoting alternative fertilisers for enhanced crop and soil health, alongside ensuring fertiliser availability in agriculture

India's Ayurveda market to reach Rs 1.2 trillion by FY28

The Ayurveda product market in India is poised for substantial growth, with projections indicating a remarkable increase in market value to Rs 1,20,660 crore ($16.27 billion) by FY28 from the current Rs 57,450 crore ($7 billion), according to a study conducted by Ayurveda tech startup NirogStreet.

Byju's accused of breaching loan terms, share sale restricted by arbitrator

An Indian ed-tech startup, Byju’s, is facing fresh challenges as it grapples with allegations of breaching loan agreements worth $42 million, according to a confidential order seen by Reuters.

India’s foreign exchange reserves surge to record high of 645.58 billion

India’s foreign exchange reserves witnessed a notable surge, marking the sixth consecutive week of increase, as reported by the Reserve Bank of India (RBI) on Friday.

RBI KEEPS POLICY REPO RATE AT 6.50%, RETAINS GROWTH FORECAST AT 7%

Headline inflation softened to 5.1 per cent during January-February 2024, from 5.7 per cent in December. After correcting in January, food inflation edged up to 7.8 per cent in February primarily driven by vegetables, eggs, meat and fish.

Google Restricts Generative Ai Search To Paid Tier

Google is reportedly planning to make the Search Generative Experience (SGE), its generative AI-powered search tool, exclusive to paid-tier.

For Making India Superpower, It's Necessary That Modi Becomes PM Again: CM Shinde

Maharashtra Chief Minister Eknath Shinde on Thursday said that in order to make India a superpower, it was imperative that Narendra Modi becomes the prime minister of the country once again.