CATEGORIES

Hangars to be built at 4 airstrips in Haryana
The Business Guardian

Hangars to be built at 4 airstrips in Haryana

Haryana Deputy Chief Minister Dushyant Chautala has announced plans to construct hangars at four airstrips in the state.

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1 min  |
September 14, 2023
U'khand govt approval to state's 1st service sector policy
The Business Guardian

U'khand govt approval to state's 1st service sector policy

The Uttarakhand government has given approval to the state's first service sector policy; a target has been set to create 20 lakh employment opportunities and facilitate the skill development of 10 lakh workers in Uttarakhand, an official said. Under this policy, the government will provide various incentives and support to businesses operating in the service sector.

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1 min  |
September 14, 2023
Centre to lower annual borrowing to Rs 12-13 lakh cr
The Business Guardian

Centre to lower annual borrowing to Rs 12-13 lakh cr

The Finance Ministry in India is contemplating a reduction in the central government's annual gross borrowing through bonds in the coming years. Government sources with knowledge of the matter have indicated a target range of Rs 12-13 lakh crore for annual gross borrowing, deviating from the recent trend of record-high borrowings due to the pandemic and fiscal stimulus measures.

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2 mins  |
September 14, 2023
EPFO TO GENERATE 16 MN NET PAYROLLS IN FY24
The Business Guardian

EPFO TO GENERATE 16 MN NET PAYROLLS IN FY24

India's formal job market Lis witnessing encouraging trends in the first quarter of the financial year 2023-24 (FY24), according to recent data from the Employees' Provident Fund Organisation (EPFO). The data suggests that if this trend persists throughout the fiscal year, India could achieve the highest-ever net new payroll additions, crossing the 16 million mark, with the first-quarter figures ranging from 7 to 8 million.

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1 min  |
September 14, 2023
Banks to return property papers in 30 days, fine for delay
The Business Guardian

Banks to return property papers in 30 days, fine for delay

The Reserve Bank of India (RBI) has issued a directive to banks and other regulated entities, instructing them to release all original movable or immovable property documents and remove charges registered against personal loan borrowers within 30 days after the full repayment or settlement of loans. This move by the central bank aims to address discrepancies in practices followed by regulated entities, which have led to customer grievances and disputes.

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3 mins  |
September 14, 2023
Cabinet approves Rs 9,589 cr FDI for Suven Pharma
The Business Guardian

Cabinet approves Rs 9,589 cr FDI for Suven Pharma

The Indian government a substantial foreign investment of up to Rs 9,589 crore in Suven Pharmaceuticals.

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1 min  |
September 14, 2023
GOVT APPROVES RS 1.65 CR FOR 75 LAKH UJJWALA CONNECTIONS
The Business Guardian

GOVT APPROVES RS 1.65 CR FOR 75 LAKH UJJWALA CONNECTIONS

The Pradhan Mantri Ujjwala Yojana aligns with Prime Minister Modi's vision of ensuring clean cooking fuel access for every Indian household, addressing rural challenges, and promoting sustainability

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2 mins  |
September 14, 2023
1.6L 'PMKSKs' for farm inputs operational: Mandaviya
The Business Guardian

1.6L 'PMKSKs' for farm inputs operational: Mandaviya

In a virtual interaction with over 1000 farmers from seven states, Union Minister Mansukh Mandaviya highlighted the role of Pradhan Mantri Kisan Samridhi Kendras (PMKSKs) in enhancing the agricultural sector and farmers’ well-being across India.

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1 min  |
September 13, 2023
Over 100 students hospitalised from food poisoning in T'gana
The Business Guardian

Over 100 students hospitalised from food poisoning in T'gana

Over 100 students of the Kasturba Gandhi School in Telangana’s Nizamabad district were hospitalised after they fell ill after having dinner, an official said on Tuesday.

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1 min  |
September 13, 2023
India-US pact facilitates concessional rates for metal exports
The Business Guardian

India-US pact facilitates concessional rates for metal exports

India and the US have agreed to set up a joint monitoring mechanism to enable domestic exports of at least 3.36 lakh tonnes of certain steel and aluminium products in a year to America without paying extra duties, an official said on Tuesday.

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2 mins  |
September 13, 2023
Nipah virus confirmed in Kozhikode, 2 dead
The Business Guardian

Nipah virus confirmed in Kozhikode, 2 dead

Two fatalities have been reported, and four individuals are currently under medical care after contracting the Nipah virus in Kerala’s Kozhikode district.

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1 min  |
September 13, 2023
PRIYANKA URGES CENTRE TO DECLARE HIMACHAL 'NATIONAL DISASTER'
The Business Guardian

PRIYANKA URGES CENTRE TO DECLARE HIMACHAL 'NATIONAL DISASTER'

During her Kullu visit, Congress leader Priyanka Gandhi praised the spirit with which the people and the Himachal government are facing the situation

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2 mins  |
September 13, 2023
CHIT-FUND COMPANIES CASE: HIGH COURT DIRECTS JHARKHAND GOVT TO CONSTITUTE COMMITTEE IN 45 DAYS
The Business Guardian

CHIT-FUND COMPANIES CASE: HIGH COURT DIRECTS JHARKHAND GOVT TO CONSTITUTE COMMITTEE IN 45 DAYS

The Jharkhand High Court has set a deadline of 45 days for the state government to establish a high-level committee responsible for facilitating the return of funds invested by individuals in various chit-fund companies.

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1 min  |
September 13, 2023
Culpable Homicide Case: J&K Court Sentences 3 Individuals 7 Years Imprisonment
The Business Guardian

Culpable Homicide Case: J&K Court Sentences 3 Individuals 7 Years Imprisonment

In a culpable homicide case in Kulgam district of Jammu and Kashmir, three individuals have been sentenced to seven years of rigorous imprisonment.

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1 min  |
September 13, 2023
1.2020 NE DELHI RIOTS: SC ADJOURNS HEARING ON UMAR KHALID'S BAIL PLEA
The Business Guardian

1.2020 NE DELHI RIOTS: SC ADJOURNS HEARING ON UMAR KHALID'S BAIL PLEA

The Supreme Court on Tuesday adjourned the hearing on Umar Khalid’s bail plea for four weeks.

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1 min  |
September 13, 2023
MONEY LAUNDERING CASE: SC EXTENDS INTERIM BAIL TO SATYENDRA JAIN ON MEDICAL GROUND TILL SEP 25
The Business Guardian

MONEY LAUNDERING CASE: SC EXTENDS INTERIM BAIL TO SATYENDRA JAIN ON MEDICAL GROUND TILL SEP 25

The Supreme Court on Tuesday extended interim bail to Satyendra Jain on medical grounds till September 25 in a money laundering case.

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2 mins  |
September 13, 2023
DELHI HC UPHOLDS ACQUITTAL OF RAPE ACCUSED, PROSECUTION'S FAILURE TO PROVE VICTIM'S AGE
The Business Guardian

DELHI HC UPHOLDS ACQUITTAL OF RAPE ACCUSED, PROSECUTION'S FAILURE TO PROVE VICTIM'S AGE

The Delhi High Court has recently upheld the acquittal of a man accused of forcibly keeping a minor girl in his house and repeatedly raping her.

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2 mins  |
September 13, 2023
Manipur FIR: SC Protects Ex-Army Officer, Professor from Coercive Action
The Business Guardian

Manipur FIR: SC Protects Ex-Army Officer, Professor from Coercive Action

The Supreme Court on Tuesday granted protection from any coercive action to a retired colonel against whom an FIR was lodged by the Manipur Police allegedly on the basis of the contents of his book published in January 2022.

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2 mins  |
September 13, 2023
DELHI HC DISMISSES PLEA FOR RECONSTITUTION OF TRANS YAMUNA DEVELOPMENT BOARD
The Business Guardian

DELHI HC DISMISSES PLEA FOR RECONSTITUTION OF TRANS YAMUNA DEVELOPMENT BOARD

The Delhi High Court has dismissed a petition filed by a BJP MLA seeking the reconstitution of the Trans Yamuna Area Development Board (TYADB), stating that the state government is still deliberating on the matter.

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2 mins  |
September 13, 2023
Pak: Remittances slump 22% as expats use illegal channels amid currency gap
The Business Guardian

Pak: Remittances slump 22% as expats use illegal channels amid currency gap

Remittances in Pakistan decreased by 22 percent in the first two months of the fiscal year as expatriate workers chose unauthorised methods to send money home amid the widening gulf between official and unofficial currency rates, The News International reported.

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2 mins  |
September 13, 2023
US praises India for G20 summit hails 'IMEC'
The Business Guardian

US praises India for G20 summit hails 'IMEC'

The US lauded India for hosting the G20 summit, calling it a big “success” and hailing the landmark ‘India-Middle East-Europe Economic Corridor’ which will usher in a new era of connectivity from Europe to Asia and will stimulate economic growth across the two continents.

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2 mins  |
September 13, 2023
WHY THERE LITTLE INVESTMENTS FROM CHINA IN INDIA
The Business Guardian

WHY THERE LITTLE INVESTMENTS FROM CHINA IN INDIA

The risk considerations include a country’s bilateral relations with China and the operational and financial risks to general foreign investors.

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4 mins  |
September 13, 2023
India employers expect moderate hiring in next 3 months
The Business Guardian

India employers expect moderate hiring in next 3 months

Employers in India anticipate a gradual increase in hiring over the next three months as they prioritize investing in the professional growth of their employees and fostering a healthy workplace environment.

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2 mins  |
September 13, 2023
The Business Guardian

Increased supply chain outsourcing across industries

TVS Supply Chain Solutions was seeing a trend toward increasing the outsourcing of supply chain activities across industries and had a healthy pipeline of new business possibilities.

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2 mins  |
September 13, 2023
India imposes 5-Year antidumping duty on Chinese steel
The Business Guardian

India imposes 5-Year antidumping duty on Chinese steel

Publication in the official gazette by the Ministry of Finance, India has levied an anti-dumping duty on select Chinese steel for an additional five years.

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1 min  |
September 13, 2023
Diwali shopping set to soar: 70% of consumers willing to spend more
The Business Guardian

Diwali shopping set to soar: 70% of consumers willing to spend more

Recent research from The Trade Desk, a pioneer in global advertising technology, which conducted the third Festive Pulse Survey (Nasdaq: TTD), over 70% of Indians are prepared to spend more this Diwali, which represents a significant 35% rise from last year.

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1 min  |
September 13, 2023
Bitget launches $100mn EmpowerX fund for ecosystem growth
The Business Guardian

Bitget launches $100mn EmpowerX fund for ecosystem growth

Bitget, a leading exchange for cryptocurrency derivatives and copy trading, has announced the creation of the BitgetEmpowerX Fund.

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1 min  |
September 13, 2023
INDORAMA VENTURES INVESTS $150MN IN 3 PET RECYCLE PLANTS
The Business Guardian

INDORAMA VENTURES INVESTS $150MN IN 3 PET RECYCLE PLANTS

Indorama Ventures Public Co Ltd, an Indian-owned company with its headquarters in Bangkok, is investing $150 million in three PET recycling facilities in India.

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2 mins  |
September 13, 2023
Over 36k government jobs given in 18 months: CM Mann
The Business Guardian

Over 36k government jobs given in 18 months: CM Mann

CM Bhagwant Singh Mann is claiming that the AAP government has given 36,097 jobs to the youth of Punjab in the first 18 months of its tenure.

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1 min  |
September 13, 2023
Rajnath Singh inaugurates 90 infra projects in Jammu
The Business Guardian

Rajnath Singh inaugurates 90 infra projects in Jammu

On Tuesday, Defence Minister Rajnath Singh inaugurated 90 infrastructure projects of the Border Roads Organisation, completed at a cost of Rs 2,941 crore, in Samba district of Jammu and Kashmir.

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1 min  |
September 13, 2023