Import restrictions lifted for specific IT gear

The government clarified that specific IT hardware products, such as desktop computers, face no import restrictions. In a circular to customs authorities and industry, the commerce ministry arm, Directorate General of Foreign Trade (DGFT), stated that only laptops, tablets, all-in-one personal computers, ultra-small form factor computers, and servers have import restrictions. Imports of these items are allowed with a valid import authorization.

MEASURES FOR CONSUMPTION AND RURAL GROWTH IN INTERIM BUDGET

Nirmala Sitharamanislikely tostep up efforts to boost consumption and rural economy while keeping inflation under check

FPIs turn cautious, infuse Rs 3,900 cr in Indian equities

In the initial weeks of January, Foreign Portfolio Investors L(FPIs) have adopted a cautious stance, directing approximately Rs 3,900 crore into Indian equities. This is a significant slowdown compared to the substantial Rs 66,134 crore attracted in the entire month of December.

Auto exports from India dip 21 per cent in 2023

Automobile shipments from India declined 21 per cent last year as many overseas markets continued to face monetary and geopolitical crises, as per the latest SIAM data.

Qtly earnings, global trends to guide equity mkts this week

Movement in the equity market this week will largely be dictated by quarterly earnings of blue-chip firms HDFC Bank and Hindustan Unilever, along with the announcement of WPI inflation data and global trends, analysts said.

Reliance emerges winner as top 5 firms gain Rs 1.99 trn in M-cap

Last week witnessed significant gains in market valuations for five out of the top-10 most-valued companies, contributing a collective increase of Rs 1,99,111.06 crore. Reliance Industries emerged as the standout performer, aligning with positive market sentiments.

TYCOON RECLAIMS $100 BILLION CLUB WITH $2.8 BILLION JUMP

The increase in Reliance Industries’ shares is attributed to a 22% climb from a low in October following a notable jump in quarterly profit.

UP PARTNERS BHARAT TEX 2024, HOLDS ROADSHOW

In a move to drive growth, innovation and sustainability across the textile industry, strategic alliances are being inked to boost Bharat Tex 2024, India's premier global textile event scheduled from February 2629, 2024, with Uttar Pradesh being signed on as 'Partner State' and Madhya Pradesh as the 'Supporting Partner State'.

DELHI EXCISE POLICY CASE: ED ISSUES 4TH SUMMONS TO CM ARVIND KEJRIWAL

The Enforcement Directorate (ED) has, for the fourth time, issued summons to Chief Minister Arvind Kejriwal for questioning in the Delhi excise policy-linked money laundering case, according to official sources on Saturday.

Mumbai court grants bail to NCP leader Prajakt Tanpure, others

A special court in Mumbai has granted bail to former Maharashtra minister and NCP leader Prajakt Tanpure and his father Prasad Tanpure in connection with the Maharashtra State Cooperative Bank (MSCB) scam case.

K'taka HC orders investigation into temple-road encroachment dispute

The Karnataka High Court has directed the Deputy Commissioner of Bengaluru Urban district to assign the deputy director of land records and a technical team to submit a report on whether a temple in the area has encroached upon the road or if the road was constructed around the temple.

ED ARRESTS TWO MORE INDIVIDUALS IN MAHADEV BETTING APP CASE

In connection with the money laundering investigation into the Mahadev online betting and gaming app case, the Enforcement Directorate (ED) has arrested two additional individuals, as reported by officials on Saturday.

MAJOR TRENDS IN THE INDIAN SOLAR PV SECTOR

The Indian solar photovoltaic (PV) sector has witnessed remarkable growth in recent years, playing a pivotal role in the country's transition towards sustainable energy sources.

The crossroads of privacy and digital evidence

Urgent need for legal reforms for balancing privacy and digital evidence in India’s courts

Wardwizard revolutionizes EVs and hydrogen tech at Vibrant Gujarat

The 10th Edition of the Vibrant Gujarat Global Summit is offering a potential platform for Indian auto manufacturers to showcase new products, open up investment plans and for electric vehicles (EVS) companies to accelerate the growth of EVs in India.

MARUTI SUZUKI TARGETS 4 M CARS BY 2030, REVEALS SHASHANK SRIVASTAVA

Shashank Srivastava, Senior Executive Officer, Marketing & Sales, Maruti Suzuki speaks to The Business Guardian as he flags challenges of interest rates and rural growth.

Korea-Gujarat economic cooperation forum takes center stage

To promote bilateral economic ties and foster favorable business conditions, the Korea-Gujarat Economic Cooperation Forum took the center stage at the Vibrant Gujarat Global Summit 2024 on January 10.

TFCI NAVIGATES POST-COVID REBOUND, EYES GROWTH WITH STRONG Q2FY24

Tourism Finance Corporation of India popularly known as TFCI was formed in 1989 as a public financial institution with the core objective of providing finance and advisory services to the tourism sector in the country.

India to invest Rs 45,000 cr in waterways tourism by 2047, says Sonowal

Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal, has unveiled a Rs 45,000 crore investment plan for the development of inland waterways and river cruise tourism at the inaugural Inland Waterways Development Council meeting in Kolkata.

US urges India to protect laptop imports for trade

During a three-day visit to India, US Trade Representative Katherine Tai engaged in discussions with India's Commerce Minister Piyush Goyal on various trade-related matters.

U.S.-INDIA PARTNERSHIP BOOSTS TRADE AND SUPPLY CHAINS, SAYS MUKESH AGHI

As geopolitically aligned nations, India-US are focused on finding ways to streamline trade partnership and integrate India into the global supply chains:

INDIA URGES GSP RESTORATION, ADDRESSES VISA ISSUES WITH U.S.

India has once again sought restoration of its beneficiary status under the US Generalized System of Preferences programme, emphasized the need to increase the number of inspections by the US Food and Drug Administration (U.S. FDA) in India to facilitate trade and continue to reduce the backlog and conveyed interest in being recognized as a Trade Agreements Act designated country by the United States during the 14th Ministerial-level meeting of the India-United States Trade Policy Forum (TPF) held on 12 January, cochaired by Minister of Commerce and Industry Piyush Goyal and US Trade Representative Katherine Tai.

Case registered against actor Nayanthara, seven others over film 'Annapoorani' in Thane

The police in Maharashtra’s Thane district have registered a case against eight persons, including actor Nayanthara, over allegations that certain scenes in her newly released film ‘Annapoorani’ have hurt the religious sentiments of Hindus, an official said on Friday.

PENCH TIGER RESERVE IN MAHARASHTRA BECOMES INDIA'S FIRST DARK SKY PARK

Pench Tiger Reserve (PTR) in Maharashtra has earned the title of the first Dark Sky Park in India and fifth in Asia for protecting the night sky and preventing light pollution, making the facility ideal for astronomy enthusiasts.

Mumbai Sanskriti Festival to share message of universal peace

The 32nd edition of Mumbai Sanskriti Festival will bring together stalwarts of Indian classical music including flautist Rakesh Chaurasia, vocalists Ashwini Bhide Deshpande and Sanjeev Abhyankar to share the message of universal peace through music.

TAKE PART IN ELECTORAL PROCESS, SAY NO TO DRUGS: MODI TO YOUTH

Prime Minister Narendra Modi on Friday described India’s present-day youth as the most fortunate generation of the 21st century, poised to take the country to greater heights during ‘Amrit Kaal’, and urged them to participate in the electoral process to ‘’reduce’’ the influence of dynastic politics.

Allahabad High Court Consolidated 15 Suits Concerning Krishna Janmabhumi-Shahi Idgah Dispute In 'Interest Of Justice'

The Allahabad High Court in the case Bhagwan Shrikrishna Virajman At Katra Keshav Dev Khewat No. 255 And 7 Others vs. U.P. Sunni Central Waqf Board And 3 Others observed and has directed to consolidate 15 suits which relates to Mathura’s Sri Krishna Janmabhoomi-Shahi Idgah Masjid dispute.

Supreme Court Issued Notice To Madya Pradesh, Taking Suo Motu Case On Dismissal Of 6 Women Judicial Officers

The Supreme Court in the case In Re: Termination of Civil Judge, Class-II (Jr. Division) Madhya Pradesh State Judicial Service observed wherein the writ plea is registered in connection with simultaneous termination of services of 6 female civil judges by the Madhya Pradesh government.

MADRAS HIGH COURT: GEN Z GRAPPLING WITH PORN ADDICTION, MUST BE COUNSELLED OUT OF IT

The Madras High Court in the case S Harish v Inspector of Police and Another observed wherein the court was dealing with the case which involves the child pornography.

Tenant Cannot Claim Adverse Possession Against Landlord: SC

It is certainly in the fitness of things that the Supreme Court in a most learned, laudable, landmark, logical and latest judgment titled Brij Narayan Shukla vs Sudesh Kumar Alias Suresh Kumar & Ors in Civil Appeal No. 7502 of 2012 and cited in Neutral Citation No.: 2024 INSC 9 that was pronounced as recently as on January 3, 2024 has set aside a judgment of Allahabad High Court that had allowed a suit for claiming rights by adverse possession and held that ownership and possession of land cannot be claimed through permissive possession arising from tenancy.