CATEGORIES

CVS, UVS TO DRIVE UP VEHICLE AUM TO RS 8.1 LAKH CR IN FY25
The Business Guardian

CVS, UVS TO DRIVE UP VEHICLE AUM TO RS 8.1 LAKH CR IN FY25

Rising demand for commercial vehicles (CVs), cars, utility vehicles (UVs) and two-/ three-wheelers, accompanied by bigger ticket financing and the government’s focus on infra spending are set to push vehicle financing assets under management (AUM) for non-banking financial companies (NBFCs) to a high of Rs 8.1 lakh crore by 31 March, 2025.

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2 mins  |
December 31, 2023
The Business Guardian

CHALLENGES AHEAD FOR US EXPORT AND DOMESTIC THERMAL COAL MARKETS IN 2024

The US export and domestic thermal coal markets face headwinds in 2024 due to mild global demand, according to industry sources.

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1 min  |
December 31, 2023
India-UAE ties transcend to multilateral level in 2023
The Business Guardian

India-UAE ties transcend to multilateral level in 2023

The already strong India-UAE ties transcended to a truly multilateral level in 2023 with the announcement of the strategically important India-Middle East Economic Corridor and the expansion of the BRICS grouping to include the key Gulf nation.

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4 mins  |
December 31, 2023
INDIA'S EXPORTS SOAR 17.8% YOY IN ELECTRONICS, PHARMA, ENGINEERING GOODS
The Business Guardian

INDIA'S EXPORTS SOAR 17.8% YOY IN ELECTRONICS, PHARMA, ENGINEERING GOODS

Australia may well have walked away with the cricket World Cup, but New Delhi and Canberra are game on another turf -- the India, Australia Economic Cooperation and Trade Agreement (ECTA) -- which post a year of coming into force on 29 December 2022, shows India on a strong wicket vis a vis its exports to Australia which jumped 17.8 per cent year-on-year-- along preferential lines to USD 1.58 billion in April-October 2023.

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3 mins  |
December 31, 2023
INDIAN ECONOMY TO ACHIEVE 6.5% PLUS GROWTH ON RESILIENT CONSUMPTION, INVESTMENT
The Business Guardian

INDIAN ECONOMY TO ACHIEVE 6.5% PLUS GROWTH ON RESILIENT CONSUMPTION, INVESTMENT

Even as curtains come down on a turbulent year underlined by the deceleration of the world economy, the growth acceleration of the Indian economy in H1 of FY24 presents a happy contrast with India expected to comfortably achieve a GDP uptick over 6.5 per cent in FY24, buoyed by the better-than-expected growth in Q2 of FY24 and the emergence of India as the fastest-growing major economy in H1 of FY24 improving the growth prospects, according to the half yearly review of the Finance Ministry.

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3 mins  |
December 31, 2023
NCP MP Amol Kolhe slams CM Shinde for not asking Centre to reconsider onion export ban
The Business Guardian

NCP MP Amol Kolhe slams CM Shinde for not asking Centre to reconsider onion export ban

NCP MP Amol Kolhe on Friday slammed the Eknath Shinde-led Maharashtra government for not persuading the Centre to lift the ban on onion exports.

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1 min  |
December 30, 2023
MARATHA AND OBC COMMUNITIES GEAR UP FOR MUMBAI SHOWDOWN
The Business Guardian

MARATHA AND OBC COMMUNITIES GEAR UP FOR MUMBAI SHOWDOWN

Mumbai is poised to become the battleground for a reservation conflict on January 20 next year, as both the Maratha and Other Backward Class (OBC) communities have announced rallies on the same day.

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1 min  |
December 30, 2023
I.N.D.I.A. ALLIANCE FACES SEAT-SHARING DILEMMA: MAMATA BANERJEE AND UBT SENA CLASH
The Business Guardian

I.N.D.I.A. ALLIANCE FACES SEAT-SHARING DILEMMA: MAMATA BANERJEE AND UBT SENA CLASH

The buzz over the seat-sharing formula of the opposition's I.N.D.I.A. bloc hit a crescendo on Friday after a few partners within the alliance hinted at going all 'alone' in next year's Lok Sabha elections or not willing to compromise' in their respective states.

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1 min  |
December 30, 2023
The Business Guardian

Jammu and Kashmir and Ladakh High Court: 'Sufficient Cause' IN Limitation Act Cannot Be Liberally Constructed For Govt Departments

The Jammu and Kashmir and Ladakh High Court in the case Union of India Vs Jagjeet Kour observed and has held that the expression 'sufficient cause' in Section 5 of the Limitation Act cannot be liberally construed just because a government department is seeking the condonation of delay.

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2 mins  |
December 30, 2023
SUPREME COURT COLLEGIUM RECOMMENDED APPOINTMENT OF NEW CHIEF JUSTICE IN 5 HIGH COURTS
The Business Guardian

SUPREME COURT COLLEGIUM RECOMMENDED APPOINTMENT OF NEW CHIEF JUSTICE IN 5 HIGH COURTS

The Supreme Court Collegium has recommended the names for the appointment as chief justices of five High Courts The names are as follows: Justice Arun Bhansali, the Judge of Rajasthan High Court as the Chief Justice of the Allahabad High Court The Supreme Court Collegium stated that his contribution to the judiciary by way of disposal of cases, during his tenure of nearly eleven years as the Judge of the High Court, he has authored more than 1230 reported judgments.

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2 mins  |
December 30, 2023
The Business Guardian

BOMBAY HIGH COURT DENIED REGULARISATION TO SENIOR CITIZEN UNDER EMPLOYMENT GUARANTEE SCHEME, ENHANCED COMPENSATION DUE TO 37 YEARS OF LITIGATION

The Bombay High Court in the case Ashok Bhikanrao Deshmukh v. State of Maharashtra and Ors observed that the workers under the Employment Guarantee Scheme, EGS are not entitled to continued employment or regularisation.

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1 min  |
December 30, 2023
China faces food security challenge despite abundant harvest
The Business Guardian

China faces food security challenge despite abundant harvest

Despite China's record high grain output this year, experts emphasised that the country's food self-sufficiency rate is decreasing as it heavily relies on imports, as reported by Voice of America (VOA).

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3 mins  |
December 30, 2023
Maine's Chief Election Official bars Trump from 2024 Ballot:
The Business Guardian

Maine's Chief Election Official bars Trump from 2024 Ballot:

Taine's top election official has removed former President Donald Trump from the state's 2024 ballot, citing the 14th Amendment's \"insurrectionist ban..

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1 min  |
December 30, 2023
GLOBAL POPULATION INCREASES BY 75M, SET TO SURPASS 8BN ON JANUARY 1ST
The Business Guardian

GLOBAL POPULATION INCREASES BY 75M, SET TO SURPASS 8BN ON JANUARY 1ST

The world population grew by 75 million people over the past year and on New Year’s Day it will stand at more than 8 billion people, according to figures released by the US Census Bureau

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1 min  |
December 30, 2023
Huawei nears $100B in sales with Semiconductor advancements
The Business Guardian

Huawei nears $100B in sales with Semiconductor advancements

In 2023, Huawei Technologies Co. experienced a 9% surge in revenue, marking a significant year for the Chinese tech giant that confronted Apple Inc. and US sanctions by achieving an unexpected breakthrough in chip technology.

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1 min  |
December 30, 2023
CORPORATE EXPECTATIONS SOAR AMID INDIA'S ECONOMIC GROWTH
The Business Guardian

CORPORATE EXPECTATIONS SOAR AMID INDIA'S ECONOMIC GROWTH

Fitch Ratings forecasts a significant uptick in the profitability of Indian corporates, propelled by the country’s robust economic growth.

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1 min  |
December 30, 2023
Gadkari Greenlights Rs 1,170.16 cr for 29 Ladakh road projects
The Business Guardian

Gadkari Greenlights Rs 1,170.16 cr for 29 Ladakh road projects

Union Minister for Road Transport and Highways, Nitin Gadkari, has given the green light to 29 road projects in the Union Territory of Ladakh, allocating a significant sum of Rs 1170.16 crore.

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1 min  |
December 30, 2023
Assam Governor praises Asam Sahitya Sabha on 107th foundation day
The Business Guardian

Assam Governor praises Asam Sahitya Sabha on 107th foundation day

Assam Governor Gulab Chand Kataria said that the Asam Sahitya Sabha, a prestigious institution, serves as a cornerstone in advancing the Assamese language, literature, and culture transcending all boundaries.

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1 min  |
December 30, 2023
India sends extradition papers for Hafiz Saeed: MEA
The Business Guardian

India sends extradition papers for Hafiz Saeed: MEA

India has conveyed a request to the Pakistan government regarding the extradition of 26/11 attack mastermind Hafiz Saeed to India for facing trial in a particular case, the Ministry of External Affairs said on Friday.

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2 mins  |
December 30, 2023
PM MODI TO UNVEIL RS 15,000 CR PROJECTS IN AYODHYA AHEAD OF TEMPLE CONSECRATION
The Business Guardian

PM MODI TO UNVEIL RS 15,000 CR PROJECTS IN AYODHYA AHEAD OF TEMPLE CONSECRATION

Prime Minister Narendra Modi will be in Ayodhya onDecember 30during which he will inaugurate various projects worth Rs 15,000 crore

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1 min  |
December 30, 2023
MoS Chandrashekhar rejects Apple hack report as inaccurate
The Business Guardian

MoS Chandrashekhar rejects Apple hack report as inaccurate

Union Minister of State for Information Technology Rajeev Chandrasekhar has rebutted “The Washington Post” report on the Indian government allegedly targeting Apple after the company warned independent Indian journalists and opposition party politicians that government hackers may have tried to break into their iPhones and called it “half facts, fully embellished”.

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2 mins  |
December 30, 2023
Central Railway RPF recovers stolen assets valued at Rs. 1.38 cr
The Business Guardian

Central Railway RPF recovers stolen assets valued at Rs. 1.38 cr

The Central Railway Railway Protection Force retrieved stolen property worth Rs. 1.38 crore during the period from April to November 2023, said a release.

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1 min  |
December 30, 2023
Fog causes delays: over 100 Flights disrupted at Delhi airport
The Business Guardian

Fog causes delays: over 100 Flights disrupted at Delhi airport

At least 100 flights were delayed and a few were canceled due to low visibility at the  Indira Gandhi International Airport in Delhi on Friday.

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1 min  |
December 30, 2023
Darjeelingorange farmers face crisis amid export hurdles and high taxes
The Business Guardian

Darjeelingorange farmers face crisis amid export hurdles and high taxes

Once a golden treasure, the  Darjeeling orange is facing a bitter crisis. Traders in Siliguri, the heart of the fruit trade, are staring at massive losses due to a drastic drop in production.

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1 min  |
December 30, 2023
Gujarat attracts global firms, from chips to cars: officials
The Business Guardian

Gujarat attracts global firms, from chips to cars: officials

Though Gujarat has only about six percent of India’s geographical area and nearly five per cent of the population, the state has become an engine of the country’s development with world-renowned firms coming here for business, according to officials.

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1 min  |
December 30, 2023
170,000 'AYUSHMAN AROGYA MANDIR' FACILITIES ESTABLISHED ACROSS THE COUNTRY: MANDAVIYA
The Business Guardian

170,000 'AYUSHMAN AROGYA MANDIR' FACILITIES ESTABLISHED ACROSS THE COUNTRY: MANDAVIYA

1,70,000 Ayushman Arogya Mandir, widely known as Primary Health and Wellness Centres, have been built in the country

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1 min  |
December 30, 2023
The Business Guardian

BOMBAY HC CLEARS RELEASE OF 73-YROLD ACCUSED IN LANDMINE BLAST

The Bombay High Court has given the green light for the release of 73-year-old Satyanarayana Rani, implicated in a 2019 landmine blast in Gadchiroli, which claimed the lives of 15 security personnel and one civilian.

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1 min  |
December 29, 2023
MEYER ORGANICS INITIATES 'SAFE RIDERS' SEMINAR AND HELMET DISTRIBUTION
The Business Guardian

MEYER ORGANICS INITIATES 'SAFE RIDERS' SEMINAR AND HELMET DISTRIBUTION

Meyer Organics Pvt Ltd, a leading health and wellness company, successfully concluded an impactful Corporate Social Responsibility (CSR) initiative to promote road safety.

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1 min  |
December 29, 2023
MUMBAI POLICE ARRESTS VADODARA MAN FOR SENDING THREATS TO RBI, PRIVATE LENDERS
The Business Guardian

MUMBAI POLICE ARRESTS VADODARA MAN FOR SENDING THREATS TO RBI, PRIVATE LENDERS

The Mumbai Police Crime Branch apprehended an individual from Vadodara, Gujarat, for sending a threatening email to the Reserve Bank of India (RBI), HDFC Bank, and other private lenders.

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1 min  |
December 29, 2023
PUNJAB AND HARYANA HIGH COURT: NO CITIZEN CAN INTERFERE IN ADMINISTRATION OF JUSTICE ON STRENGTH+ OF UNHOLY MOB HIGH COURT REFUSED BAIL TO 2 AMRITPAL'S ALLEGED AIDES PUNJAB AJNALA VIOLENCE
The Business Guardian

PUNJAB AND HARYANA HIGH COURT: NO CITIZEN CAN INTERFERE IN ADMINISTRATION OF JUSTICE ON STRENGTH+ OF UNHOLY MOB HIGH COURT REFUSED BAIL TO 2 AMRITPAL'S ALLEGED AIDES PUNJAB AJNALA VIOLENCE

The Punjab and Haryana High Court in the case Bhupinder Singh @ Sheru v.

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2 mins  |
December 29, 2023