CATEGORIES

Closure of Shivaji Park swimming pool due to green water raises health concerns
The Business Guardian

Closure of Shivaji Park swimming pool due to green water raises health concerns

The civic-run swimming pool at Shivaji Park Dadar was shut down on Thursday evening following complaints of the water turning an unusual shade of green.

time-read
1 min  |
February 03, 2024
Fadnavis meets Nadda: 'Gaon Chalo' outreach campaign takes center stage in Maharashtra
The Business Guardian

Fadnavis meets Nadda: 'Gaon Chalo' outreach campaign takes center stage in Maharashtra

In a crucial development, Maharashtra Deputy Chief Minister Devendra Fadnavis met with BJP national president J P Nadda in Delhi on Thursday night, focusing on strategy discussions for the upcoming Lok Sabha polls.

time-read
1 min  |
February 03, 2024
'INFLATION, UNEMPLOYMENT, FARMERS' SUICIDES NEGLECTED IN INTERIM BUDGET": MAHA CONGRESS
The Business Guardian

'INFLATION, UNEMPLOYMENT, FARMERS' SUICIDES NEGLECTED IN INTERIM BUDGET": MAHA CONGRESS

The Maharashtra Congress has voiced its dissatisfaction with the interim budget presented by Union Finance Minister Nirmala Sitharaman, asserting that it overlooks vital issues such as inflation, unemployment, farmer suicides, and the country’s substantial debt.

time-read
1 min  |
February 03, 2024
The Business Guardian

SUPREME COURT ASKS TO 6 MAHARASHTRA POLICE OFFICERS TO PAY RS 6 LAKHS COST TO TENANTS WHO WERE ILLEGALLY EVICTED

The Supreme Court in the case Shatrughna Atmaram Patil And Ors Versus Vinod Dodhu Chaudhary and Anr observed and has imposed the cost amounting to Rs. 6 lakhs on six police personnel of the Maharashtra Police for conspiring and illegally detaining tenants while coercing them to sign documents against the will of them, and demolishing the premises in question without any order from a competent court.

time-read
2 mins  |
February 03, 2024
US approves $3.99B sale of MQ-9B aircraft to India
The Business Guardian

US approves $3.99B sale of MQ-9B aircraft to India

The US State Department has made a determination approving a possible Foreign Military Sale to the Government of India of MQ-9B Remotely Piloted Aircraft and related equipment for an estimated cost of USD 3.99 billion, US Department of Defence (US DOD) said.

time-read
2 mins  |
February 03, 2024
Tata, Pegatron discuss iPhone assembly in Tamil Nadu
The Business Guardian

Tata, Pegatron discuss iPhone assembly in Tamil Nadu

Tata Group is in advanced talks with Taiwan’s Pegatron to form a partnership to run an iPhone assembly plant the Indian company is building in the southern state of Tamil Nadu, two sources with direct knowledge of the matter said on Thursday.

time-read
1 min  |
February 03, 2024
Mustard production dip in Raj likely for 2023-24 season
The Business Guardian

Mustard production dip in Raj likely for 2023-24 season

Traders in Rajasthan, India’s largest mustard-producing state, are anticipating a decline in production for the upcoming 2023-2024 crop season.

time-read
1 min  |
February 03, 2024
Centre to sell 'Bharat Rice' at Rs 29/kg in retail
The Business Guardian

Centre to sell 'Bharat Rice' at Rs 29/kg in retail

The Centre said on Friday it will sell ‘Bharat Rice’ in the retail market at Rs 29 per kg from next week to give relief to the common man and has also directed traders to disclose rice and paddy stock as part of its efforts to control prices that have risen by around 15 percent in the last year.

time-read
2 mins  |
February 03, 2024
IMFSAYS ASIA TO CONTRIBUTE TWOTHIRDS OF GLOBAL GROWTH IN 2024
The Business Guardian

IMFSAYS ASIA TO CONTRIBUTE TWOTHIRDS OF GLOBAL GROWTH IN 2024

Krishna Srinivasan, Director of the IMF's Asia and Pacific Department, stated that Asia is poised to contribute two-thirds of global growth in 2024, mirroring its performance in 2023

time-read
2 mins  |
February 03, 2024
PAYTM CEO PRIORITIZES STRINGENT COMPLIANCE AHEAD OF TECHNOLOGICAL ADVANCEMENTS
The Business Guardian

PAYTM CEO PRIORITIZES STRINGENT COMPLIANCE AHEAD OF TECHNOLOGICAL ADVANCEMENTS

Vijay Shekhar Sharma, Founder and CEO of One97 Communications, the parent firm of fintech major Paytm, says the company will focus on compliance as a primary approach

time-read
4 mins  |
February 03, 2024
3 RAIL CORRIDORS TO COST RS 11 TRN, ADD 40K KM OF TRACKS: RLY MIN VAISHNAW
The Business Guardian

3 RAIL CORRIDORS TO COST RS 11 TRN, ADD 40K KM OF TRACKS: RLY MIN VAISHNAW

The national transporter is expected to have an operating ratio of 98.7% in FY 2024-25

time-read
2 mins  |
February 03, 2024
Car sales boom, highest ever monthly wholesales hit
The Business Guardian

Car sales boom, highest ever monthly wholesales hit

The Indian auto industry witnessed a historic milestone in January 2024, recording its highest-ever monthly domestic passenger vehicle (PV) wholesales at 394,571 units.

time-read
2 mins  |
February 03, 2024
Monetization push stumbles: 1.5L cr gap
The Business Guardian

Monetization push stumbles: 1.5L cr gap

The central government and Central Public Sector Enterprises (CPSEs) are projected to monetize assets worth Rs 1.50 lakh crore in the current fiscal year, slightly below the targeted Rs 1.75 lakh crore, according to a senior official.

time-read
1 min  |
February 03, 2024
Rs 4.6 crore Tax collected from updated ITRs in 2 years
The Business Guardian

Rs 4.6 crore Tax collected from updated ITRs in 2 years

The Income Tax Department has achieved a noteworthy accomplishment by collecting approximately Rs 4,600 crore in taxes from 5.6 million updated Income Tax (I-T) returns filed by taxpayers over the past two years.

time-read
2 mins  |
February 03, 2024
India stock rally cools as foreign investors turn cautious, sell $3 billion
The Business Guardian

India stock rally cools as foreign investors turn cautious, sell $3 billion

In January, foreign investors engaged in a significant selloff of Indian stocks, marking the highest monthly total in a year.

time-read
2 mins  |
February 03, 2024
INDUSTRY HAILS INFRA PUSH, RAIL CORRIDORS, ECONOMISTS LAUD LOWER FISCAL DEFICIT TARGET, RURAL FOCUS
The Business Guardian

INDUSTRY HAILS INFRA PUSH, RAIL CORRIDORS, ECONOMISTS LAUD LOWER FISCAL DEFICIT TARGET, RURAL FOCUS

The gross market borrowing for FY25 at Rs 14.13 lakh crore and net market borrowing at 11.75 lakh crore, according to Rajesh Sinha, Senior Research Analyst of Bonanza Portfolio, can be a positive for public sector banks

time-read
3 mins  |
February 03, 2024
PM Modi T0 Inaugurate Rs 11,008 Crore Projects In Guwahati
The Business Guardian

PM Modi T0 Inaugurate Rs 11,008 Crore Projects In Guwahati

To boost religious tourism and pilgrimage, a proposal for the development and beautification of Navagraha Temple has been submitted to the Government of India

time-read
3 mins  |
February 02, 2024
No Change In Tax Slab, Capex Outlay Up 11.1% To Rs 11,11,111 Crore, Boosters To Railways
The Business Guardian

No Change In Tax Slab, Capex Outlay Up 11.1% To Rs 11,11,111 Crore, Boosters To Railways

The scheme of fifty-year interest free loan for capital expenditure to states will be continued this year with total outlay of Rs.1.3 lakh crore.

time-read
4 mins  |
February 02, 2024
Google Inks Largest Offshore Power Deal With Dutch Wind Projects
The Business Guardian

Google Inks Largest Offshore Power Deal With Dutch Wind Projects

Nechnology giant Tec Google has signed its largest ever power purchase agreement (PPA) with offshore wind projects off the coast of the Netherlands as part of efforts to green its power supply and hit climate targets, it said on Thursday.

time-read
1 min  |
February 02, 2024
The Business Guardian

1993 MUMBAI BOMB BLASTS CONVICT RUBINA MEMON APPEALS T0 HC FOR PAROLE

The Bombay High Court, on Wednesday, hinted at the possibility of granting temporary parole to Rubina Memon, a convict in the 1993 Mumbai bomb blasts case currently serving time at the women's wing of Yerwada Central Prison. The parole request is centered around her son's upcoming wedding. However, the court emphasized that her release may be subject to being accompanied by a police escort.

time-read
1 min  |
February 02, 2024
JALNA ROAD FACES DISRUPTION AS LPG TANKER LEAK FORCES ROAD CLOSURE AND POWER OUTAGE
The Business Guardian

JALNA ROAD FACES DISRUPTION AS LPG TANKER LEAK FORCES ROAD CLOSURE AND POWER OUTAGE

Chaos ensued on the busy Jalna Road in Maharashtra after a fully-loaded LPG tanker sustained damage when its driver unintentionally mounted the road divider on Thursday morning.

time-read
1 min  |
February 02, 2024
ARMY CHIEF GENERAL MANOJ PANDE ATTENDS COMMEMORATION PARADE OF REUNION
The Business Guardian

ARMY CHIEF GENERAL MANOJ PANDE ATTENDS COMMEMORATION PARADE OF REUNION

Chief of Army Staff General Manoj Pande on Thursday attended the Commemoration Parade of the Reunion and the Commemoration of Bombay Sappers' War Memorial Centenary here in Pune.

time-read
2 mins  |
February 02, 2024
Supreme Court Rejected Widow's Plea To Abort 32-Week Pregnancy, Suggests Giving Child For Adoption
The Business Guardian

Supreme Court Rejected Widow's Plea To Abort 32-Week Pregnancy, Suggests Giving Child For Adoption

The Supreme Court in the case observed and has refused to allow a woman to terminate her pregnancy which was over 32-weeks.

time-read
1 min  |
February 02, 2024
The Business Guardian

SUPREME COURT: WHEN PARTY VIOLATES STATUS QUO ORDER, CONTEMPT PROCEEDINGS MUST BE INITIATED THAN MERELY VACATING INTERIM ORDER

The Supreme Court in the case Amit Kumar Das Joint Secretary vs. Shrimati Huthee singh Tagore Charitable Trust (Sole Respondent) observed that where the status quo order qua possession of the suit premises was wilfully violated, the court held that the same amounts to civil contempt.

time-read
2 mins  |
February 02, 2024
The Business Guardian

SUPREME COURT CRITICISES HIGH COURT FOR NOT DECIDING BAIL APPLICATION ON MERITS AND DISPOSING IT ASKING ACCUSED TO APPROACH TRIAL COURT

The Supreme Court in the case observed that this approach amounts to non-exercise of jurisdiction. The Maharashtra Control of Organised Crime Act was invoked against the petitioner or accused in the present case. Thus, be seeks bail on merits and he pleaded his incarceration forsevenanda half years as a ground.

time-read
2 mins  |
February 02, 2024
The Business Guardian

US raises costs for H-1B, EB-5 & more visas in fee hike

The United States has The declared a significant hike in fees for several non-immigrant visa categories, including the widely used H-1B, L-1, and EB-5 visas. This fee adjustment, the first since 2016, is slated to take effect from April 1, causing concerns, particularly among Indian nationals who heavily utilize these visa categories.

time-read
1 min  |
February 02, 2024
Pakistan's economic woes worsen as inflation hits 28.5%
The Business Guardian

Pakistan's economic woes worsen as inflation hits 28.5%

Amidst an eco-Anomic crisis, Pakistan's caretaker government has revised its inflation projection, anticipating a staggering 28.5% inflation rate for January. The revised estimate, a 3.5% increase from the previous month, reflects persistent challenges in the form of food supply shocks, as reported by The Express Tribune.

time-read
3 mins  |
February 02, 2024
ASIAN FACTORIES SPUTTER AS CHINA'S DEMAND WEAKENS
The Business Guardian

ASIAN FACTORIES SPUTTER AS CHINA'S DEMAND WEAKENS

Mixed Asian factory performance: South Korea grows on increased demand, while Taiwan, Malaysia contract, and the Philippines expands at a slower pace.

time-read
4 mins  |
February 02, 2024
The Business Guardian

Tata Steel considers UK plant boost with more govt. funding: Narendran

Tata Steel would consider additional future investments in its Port Talbot plant in the UK, if more government funding was made available, the company's Chief executive T V Narendran said on Wednesday.

time-read
1 min  |
February 02, 2024
Bain capital to invest 7B in India, ramp up hiring in 3-5 years
The Business Guardian

Bain capital to invest 7B in India, ramp up hiring in 3-5 years

Capital has earmarked $7 billion to invest in India over the next three to five years as the country's relatively steady politics and economic growth lift its attractiveness for overseas money managers.

time-read
1 min  |
February 02, 2024