CATEGORIES

Indian Navy brings 9 pirates caught off Somalia to Mumbai, hands over to local police
The Business Guardian

Indian Navy brings 9 pirates caught off Somalia to Mumbai, hands over to local police

All nine pirates involved in piracy were apprehended on Wednesday after Indian Navy ships INS Trishul and INS Sumedha conducted successful antipiracy operations east of Somalia on 29 March.

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1 min  |
April 05, 2024
The Business Guardian

SUPREME COURT CONFIRMS INTERIM BAIL OF SHUATS VC DR RAJENDRA BIHARI LAL; DISMISSED RECALL APPLICATION BY STATE OF UP

The Supreme Court in the case Rajendra Bihari Lal vs.The State Of Uttar Pradesh observed and has dismissed an application filed by the State of Uttar Pradesh in order to recall the interim bail granted to the Vice Chancellor of Sam Higginbottom University of Agriculture, Technology and Sciences, SHUATS, Dr Rajendra Bihari Lal, a case over alleged forceful religious conversion.

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2 mins  |
April 05, 2024
The Business Guardian

SUPREME COURT TO HEAR PLEAS SEEKING 100% EVM-VVPAT TALLY AFTER 2 WEEKS

The Supreme Court in the case Association of Democratic Reforms v. Election Commission of India and Anr. observed and has stated that the matter pertaining to electronic voting machine, EVM data cross-checking against voter-verifiable paper audit trail, VVPAT records will be taken up after 2 weeks.

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1 min  |
April 05, 2024
The Business Guardian

BOMBAY HIGH COURT: WAIVER OF ARBITRATOR'S INELIGIBILITY MUST BE MADE BY AGREEMENT IN WRITING, SECTION 12(5) DOES NOT PROVIDE FOR DEEMED CONSENT

The Bombay High Court in the case Riak Insurance and Financial Services & Ors. vs HDFC Bank Limited observed and has held that the ineligibility of the arbitrator could only be waived if both parties agree by an express agreement in writing as per Section 12(5) of the Arbitration Act.

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2 mins  |
April 05, 2024
Southeast Asia explores Green financing boost
The Business Guardian

Southeast Asia explores Green financing boost

Senior finance and central bank officials from Southeast Asia and major economies met Thursday in the scenic Laotian city of Luang Prabang to discuss ways to help the region build resilience against shocks like the COVID-19 pandemic and natural disasters brought on by climate change.

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2 mins  |
April 05, 2024
UK INCREASES SKILLED WORKER PAY THRESHOLD TO RS 40.8 L: IMPACT ON INDIANS
The Business Guardian

UK INCREASES SKILLED WORKER PAY THRESHOLD TO RS 40.8 L: IMPACT ON INDIANS

Since the minimum salary requirement has increased, many Indian workers, especially those in entry-level or mid-level positions, might no longer meet the income criteria for the visa

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4 mins  |
April 05, 2024
ICRA forecasts 8-9% growth in apparel exports for FY 2025
The Business Guardian

ICRA forecasts 8-9% growth in apparel exports for FY 2025

Following the tepid demand environ ment in the financial year 2024, Investment Information and Credit Rating Agency of India Limited (ICRA) expects a muted 8-9 per cent recovery in revenues of its sample companies to Rs 28,150 crore in the financial year 2025 from Rs 26,000 crore the year before, benefiting from the low base and replenishment of stock in the US and EU regions.

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1 min  |
April 05, 2024
PILOTS FLAG BURNOUT AS VISTARA TACKLES FLIGHT CRISIS
The Business Guardian

PILOTS FLAG BURNOUT AS VISTARA TACKLES FLIGHT CRISIS

The meeting centered on resolving issues regarding new contracts and scheduling. Pilots were assured of a more thoughtful utilization of their time

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1 min  |
April 05, 2024
GE Aerospace to invest over $30 million in mfg facility in Pune
The Business Guardian

GE Aerospace to invest over $30 million in mfg facility in Pune

Following its debut as a standalone entity listed on the New York Stock Exchange, GE Aerospace has unveiled plans to invest over Rs 240 crore (approximately USD 30 million) in expanding and modernizing its manufacturing facility in Pune.

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1 min  |
April 05, 2024
Right practices can boost average mustard yields by 35 per cent: SEA Study
The Business Guardian

Right practices can boost average mustard yields by 35 per cent: SEA Study

The average mustard yield can jump by 35 per cent over five years even with the currently available seeds if the ideal agronomic practices are adopted, a study conducted by the Solvent Extractors Association of India (SEA) has found, amid a raging debate over the yield potential of genetically modified mustard against the existing varieties.

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1 min  |
April 05, 2024
HOMES PRICED ABOVE INR 1 CR CORNER HIGHEST SHARE EVER IN TOTAL SALES, SAYS REPORT
The Business Guardian

HOMES PRICED ABOVE INR 1 CR CORNER HIGHEST SHARE EVER IN TOTAL SALES, SAYS REPORT

Sales of properties priced below Rs 50 lakh record dip in sales in the January-March quarter, according to Knight Frank

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1 min  |
April 05, 2024
Veggie thali costs more, non-veg thali now more affordable
The Business Guardian

Veggie thali costs more, non-veg thali now more affordable

In March, the cost of a homeInked vegetarian thali experienced a notable 7 percent increase, reaching Rs 27.3 compared to Rs 25.5 in the same month last year, as per a report by CRISIL released on Thursday.

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2 mins  |
April 05, 2024
Sensex and Nifty soar to record highs led by private banks and IT
The Business Guardian

Sensex and Nifty soar to record highs led by private banks and IT

On April 4, domestic stock indices, the Sensex and the Nifty, rebounded from intra-day losses to close higher, bolstered by gains in private banking and technology stocks.

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1 min  |
April 05, 2024
India sets sights on $12 billion seafood exports in two years.
The Business Guardian

India sets sights on $12 billion seafood exports in two years.

India is setting ambitious India is setting ambitious food exports, aiming to reach $12 billion within the next two years, up from the current $8 billion, according to government officials.

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2 mins  |
April 05, 2024
The Business Guardian

Global Capability Centres in India bullish on ESG agenda: Report

Global Capability CenGires (GCCs) in India are playing a pivotal role in advancing the environment, social and governance (ESG) agenda for global entities with 52 per cent of GCCs actively embracing the ESG agenda, while 70 per cent of these are advancing the tech agenda for ESG implementation.

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2 mins  |
April 05, 2024
RBI PENALISES BANKS FOR DELAYED REPORTING OF FRAUDS, FLOUTING LOAN NORMS
The Business Guardian

RBI PENALISES BANKS FOR DELAYED REPORTING OF FRAUDS, FLOUTING LOAN NORMS

The statutory inspection of the bank conducted by RBI with reference to its financial position as on 31 March, 2022, revealed er alia, that the charge of extending loans to its directors and their relative was sustained,warranting imposition of monetacary penalty.

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2 mins  |
April 05, 2024
The Business Guardian

ED Request Supreme Court To Remove Bansuri Swaraj's Name From List Of Appearances For ED In Sanjay Singh's Bail Order

The Supreme Court in the case Sanjay Singh v. Directorate Of Enforcement was hearing the matter wherein the Enforcement Directorate told that Advocate Bansuri Swaraj’s appearance on behalf the agency has inadvertently crept into the order passed yesterday granting bail to Aam Aadmi Party MP Sanjay Singh in the Delhi Liquor Policy case.

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1 min  |
April 04, 2024
The Business Guardian

SUPREME COURT TO STATES OR UTS: MAINTAIN OLD PANEL OF ADVOCATES FOR AT LEAST SIX WEEKS AFTER GOVT CHANGE TO AVOID ADJOURNMENTS

The Supreme Court in the case Sachin Kumar vs. The State Of Uttarakhand observed and has expressed its dilemma regarding how, for the last few months, the panel of Advocates in the States or Union Territories has witnessed change after the shift in political power.

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2 mins  |
April 04, 2024
The Business Guardian

SUPREME COURT GRANTS BAIL TO AAP MP SANJAY SINGH IN PMLA CASE AFTER ED'S CONCESSION

The Supreme Court in the case observed and has granted bail to Aam Aadmi Party, AAP leader and Rajya Sabha MP Sanjay Singh in the money laundering case which relates to the Delhi liquor policy case after a concession was made by the Directorate of Enforcement, ED.

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2 mins  |
April 04, 2024
The Business Guardian

DELHI HIGH COURT RESERVED VERDICT ON ARVIND KEJRIWAL'S PLEA CHALLENGING ED ARREST IN LIQUOR POLICY CASE

The Delhi High Court in the case Arvind Kejriwal v. Directorate Of Enforcement observed and has reserved verdict on the plea moved by Chief Minister Arvind Kejriwal challenging his arrest by the Enforcement Directorate, ED in the money laundering case related to the alleged liquor policy scam case.

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4 mins  |
April 04, 2024
Maharashtra Congress mulls Sanjay Nirupam's ouster amid defection rumours
The Business Guardian

Maharashtra Congress mulls Sanjay Nirupam's ouster amid defection rumours

The Maharashtra Congress has proposed expelling Sanjay Nirupam for criticizing ally Shiv Sena over seat sharing for Lok Sabha elections.

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1 min  |
April 04, 2024
Maharashtra Congress accuses BJP of using schoolchildren in Lok Sabha campaign
The Business Guardian

Maharashtra Congress accuses BJP of using schoolchildren in Lok Sabha campaign

The Maharashtra Pradesh Congress Committee has filed a formal complaint against Union Minister Nitin Gadkari and the Bharatiya Janata Party (BJP) for purportedly violating the Model Code of Conduct.

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1 min  |
April 04, 2024
AAP leaders in Goa scared after arrests in Delhi excise case, says Sawant
The Business Guardian

AAP leaders in Goa scared after arrests in Delhi excise case, says Sawant

Goa Chief Minister Pramod Sawant has claimed that Aam Aadmi Party (AAP) leaders in the state were scared following the arrest of Arvind Kejriwal and others in the Delhi excise policy case.

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1 min  |
April 04, 2024
SENA (UBT) LEADER PARAB'S AIDE STARTS DEMOLISHING 'ILLEGAL' PORTION OF RESORT UNDER ED LENS
The Business Guardian

SENA (UBT) LEADER PARAB'S AIDE STARTS DEMOLISHING 'ILLEGAL' PORTION OF RESORT UNDER ED LENS

Shiv Sena (UBT) leader Anil Parab’s associate Sadanand Kadam has started the demolition of the alleged unauthorised portion of a resort in Maharashtra’s Ratnagiri following an assurance given to the Bombay High Court, officials said on Wednesday.

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2 mins  |
April 04, 2024
White-collar gig jobs up 184% in India
The Business Guardian

White-collar gig jobs up 184% in India

India is experiencing a significant surge in gig employment, with white-collar gig jobs witnessing a remarkable 184% increase this year compared to the previous year, as per insights from hiring platform Foundit.

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1 min  |
April 04, 2024
Crackdown on foreign funding, MHA cancels FCRA licenses of five NGOs
The Business Guardian

Crackdown on foreign funding, MHA cancels FCRA licenses of five NGOs

In a recent development, the Ministry of Home Affairs (MHA) has taken action against five prominent nongovernmental organizations (NGOs) by invalidating their permits under the Foreign Contribution Regulation Act (FCRA).

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2 mins  |
April 04, 2024
India makes strides in defence manufacturing, IAF gets first indigenous crash fire tender
The Business Guardian

India makes strides in defence manufacturing, IAF gets first indigenous crash fire tender

The Indian Air Force (IAF) announced on Wednesday that it has taken delivery of its first indigenously designed and developed Crash Fire Tender (CFT).

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1 min  |
April 04, 2024
KALANAMAK RICE EXPORTS GET BOOST AS GOVT WAIVES DUTY ON 1,000 TONNES
The Business Guardian

KALANAMAK RICE EXPORTS GET BOOST AS GOVT WAIVES DUTY ON 1,000 TONNES

The removal of the hefty 20% duty on overseas exports marks a significant shift in the government’s trade policy regarding Kalanamak rice

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2 mins  |
April 04, 2024
Apple devices prior to iOS/iPadOS 17.4.1 & macOS 13.6.6 at risk
The Business Guardian

Apple devices prior to iOS/iPadOS 17.4.1 & macOS 13.6.6 at risk

India’s cybersecurity agency, CERT-In, has issued a warning regarding a significant vulnerability found in Apple products, particularly affecting iPhone and iPad devices running on iOS and iPadOS versions prior to 17.4.1.

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2 mins  |
April 04, 2024
Maruti Suzuki dominates India, produces over 3 crore cars in record time
The Business Guardian

Maruti Suzuki dominates India, produces over 3 crore cars in record time

Suzuki Motor Corporation announced on Wednesday that its subsidiary, Maruti Suzuki India, has achieved a significant milestone by crossing the cumulative production mark of 3 crore units in India. This achievement positions India as the second country, after Japan, where Suzuki has accomplished this feat.

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2 mins  |
April 04, 2024